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You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening: Prices: Bitcoin started promisingly before sinking along with other cryptos in a topsy turvy day. Insights: Chinese universities continue to teach blockchain technology, but employers, teachers and students are also looking outside educational institutions to further their interests. (This story is part of CoinDesk\'s Education Week series ) 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 ): $19,103 −1.3% ● Ether ( ETH ): $1,334 −0.6% ● CoinDesk Market Index ( CMI ): $953 −0.8% ● S&P 500 daily close: 3,647.29 −0.2% ● Gold: $1,634 per troy ounce +0.6% ● Ten-year Treasury yield daily close: 3.96% +0.09 Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX); Gold is the COMEX spot price. Information about CoinDesk Indices can be found at coindesk.com/indices. Bitcoin and Other Cryptos Rise and Fall By James Rubin In topsy turvy Tuesday trading, bitcoin and other cryptocurrencies rose early before crumbling. The largest cryptocurrency by market capitalization was recently trading just over $19,100, down about a percentage point for the previous 24 hours. BTC had surged above the psychologically important $20,000 threshold during morning hours (UTC) for the first time in nine days before clattering downward to more lately familiar levels. Bitcoin\'s rise and fall came as investors initially may have tried to anticipate cryptos\' historically bullish October by adding to their holdings. And two unexpectedly strong economic indicators may have also buoyed their spirits before. But investors later recoiled over inflation and recession fears that have plagued asset markets of all stripes for months. Story continues Ether was recently changing hands at approximately $1,330, also flat from the previous day and its highest perch in more than a week. Most other major cryptos spent the day in red territory with UST recently off about 7% and XRP down more than 5%. Celsius’ native token CEL spiked late Tuesday after reports that FTX’s Sam Bankman-Fried could bid on the bankrupt crypto bank’s assets. The token had nosedived earlier Tuesday after the surprise departure of Celsius CEO Alex Mashinsky. The CoinDesk Market Index (CDI), an index measuring cryptos\' performance, was recently down slightly and about where it has stood for much of the past week. The Fear & Greed index, a measure of market sentiment about crypto, remains in extreme fear territory. Stocks Crypto price patterns dovetailed with equity markets that jumped earlier in the day before tumbling. The Dow Jones Industrial Average (DJIA), which entered bear market territory a day earlier, meaning it fell at least 20% from its previous high, closed a few fractions of a percentage point lower. The S&P 500, also dropped slightly, although the tech-heavy Nasdaq rose 0.2%. Investors remain worried about inflation and continued central bank hawkishness that seems increasingly likely to throw the global economy into recession. Unexpectedly strong reports on durable goods orders, which sank less than projected, and housing starts, are likely to embolden the Federal Reserve to continue its recent policy of aggressive interest rate increases. Fed Comments In an interview with The Wall Street Journal, Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, reiterated the bank\'s commitment to restore "price stability." Earlier in the day, at an event hosted by the French central bank Tuesday, Fed Chair Jerome Powell said that regulation of decentralized finance (DeFi) needs to be done “carefully and thoughtfully,” given its limited impact on the real economy. “The DeFi winter … didn’t have significant effects on the banking system and broader financial stability” due to the lack of links between them, Powell told a panel. As bitcoin climbed above $20,000 on Tuesday, Oanda Senior Market Analyst Edward Moya called its resiliency "impressive." But Moya was less than sanguine about any significant prices increases in the near future. "Bitcoin doesn\'t have a catalyst to extend much higher, but a stabilization is a welcome sign for long-term bulls. \u200b Biggest Gainers Asset Ticker Returns DACS Sector Chainlink LINK +3.6% Computing Biggest Losers Asset Ticker Returns DACS Sector Terra LUNA −7.2% Smart Contract Platform XRP XRP −5.6% Currency Cosmos ATOM −4.3% Smart Contract Platform Insights How Chinese Universities Teach Blockchain By Xinyi Luo Oct. 24, 2019, marked the beginning of a tectonic change for blockchain education in China. Speaking before the politburo of the Communist Party of China in Beijing on that day, President Xi Jinping said the country needs to "seize the opportunity" afforded by blockchain technology. These words would set forth China’s ambitious agenda to take a leading role in the global development of this emerging technology. This piece is part of CoinDesk\'s Education Week The universities of China received the message loud and clear. In 2020, 14 Chinese colleges established blockchain technology undergraduate degree programs, following Chengdu University of Information Technology, which had established the country’s first College of Blockchain Technology months before Xi’s speech. But Xi’s ambition had and continues to have an inherent contradiction. While blockchain technology is admired by the Chinese, its most popular application, cryptocurrencies, is now illegal. In the past decade, China has banned crypto transactions (2013), initial coin offerings (2017), crypto mining (incrementally from 2019-2021) and – the final blow – cryptocurrency trading, in 2021. As a result, the very idea of blockchain is different in China than anywhere else in the world. "When discussing blockchain, we cannot see it from a cryptocurrency perspective," said Jianhai Chen, associate professor in the \u200b\u200bCollege of Computer Science at Zhejiang University . It is ranked 24th in CoinDesk’s 2022 Best Universities for Blockchain. Instead, he threads a needle to teach blockchain for legally approved uses only. “What we want to do is to use blockchain technology to empower industries and solve existing problems,” Chen said. Read the Full List: Best Universities for Blockchain 2022 How do Chinese universities educate students in blockchain and conform to the government’s wishes? Faculty, students and employers describe a push for massive technical proficiency that leaves those excited by the transformative potential of blockchain technology frustrated, ignored and forging their own path outside of institutionalized education..... Read the complete story Important events. Circle Converge22 (San Francisco) Token2049 (Singapore) Smartcon Web3 Chainlink Conference (New York) CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Bitcoin Tops $20K; FTX Wins Bid to Buy Bankrupt Crypto Lender Voyager Digital’s Assets Bitcoin (BTC) firmed up early Tuesday, having remained steady during the recent crash of fiat currencies against the U.S. dollar. eToro Crypto Consultant Glen Goodman gave his markets outlook. Plus, FTX won the bidding war to buy the assets of bankrupt Voyager Digital. And Gemini Chief Strategy Officer Marshall Beard joined "First Mover" to discuss teaming up with Betterment. Headlines Christie’s Auction House Announces On-Chain NFT Art Platform: Christie’s 3.0 has teamed up with Chainalysis, Manifold, and Spatial to sell NFT artwork on Ethereum. California Regulator Targets 11 Crypto Trading Desks Operating Like \'Ponzis\': California\'s financial regulator brought enforcement actions against 11 little-known crypto companies Tuesday, alleging they stole customer funds or operated like Ponzi schemes. Crypto Exchange FTX Is Moving Its US Headquarters From Chicago to Miami: The exchange has been steadily building up its presence in southern Florida, including purchasing the naming rights to the NBA’s Miami Heat arena in 2021 for $135 million. Blockchain Infrastructure Project Eclipse Raises $15m To Build ‘Universal Layer-2’: The $9 million seed round was co-led by Tribe Capital and Tabiya, and follows an earlier $6 million in pre-seed funding. Introducing Education Week: How to Learn About Web3: Technology moves fast. How will we keep up?', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin started promisingly before sinking along with other cryptos in a topsy turvy day.\nInsights:Chinese universities continue to teach blockchain technology, but employers, teachers and students are also looking outside educational institutions to further their interests. (This story is part of CoinDesk\'sEducation Week series)\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.\n●Bitcoin (BTC): $19,103−1.3%\n●Ether (ETH): $1,334−0.6%\n●CoinDesk Market Index (CMI): $953−0.8%\n●S&P 500 daily close: 3,647.29−0.2%\n●Gold: $1,634 per troy ounce+0.6%\n●Ten-year Treasury yield daily close: 3.96%+0.09\nBitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX); Gold is the COMEX spot price. Information about CoinDesk Indices can be found atcoindesk.com/indices.\nBitcoin and Other Cryptos Rise and Fall\nBy James Rubin\nIn topsy turvy Tuesday trading, bitcoin and other cryptocurrencies rose early before crumbling.\nThe largest cryptocurrency by market capitalization was recently trading just over $19,100, down about a percentage point for the previous 24 hours. BTC had surged above the psychologically important $2 **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-09-28 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $358,684,610,900 - Hash Rate: 234283743.87934905 - Transaction Count: 264048.0 - Unique Addresses: 620268.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.20 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: A former security chief at Twitter, who released a whistleblower report about the company, told lawmakers on Tuesday that the platform has serious security and privacy failures that leadership has refused to fix. Peiter “Mudge” Zatko, a cybersecurity expert who served as a Twitter executive from November 2020 until he was fired in January 2022, testified before the Senate Judiciary Committee about the whistleblower complaint he filed with Congress, the Justice Department, the Federal Trade Commission and the Securities and Exchange Commission “[I] am here today because I believe that Twitter’s unsafe handling of the data of its users and its inability or unwillingness to truthfully represent issues to its board of directors and regulators have created real risk to tens of millions of Americans, the American democratic process and America’s national security,” Zatko said in his opening statement. “Further, I believe that Twitter’s willingness to purposely mislead regulatory agencies violates Twitter’s legal obligations and cannot be ethically condoned.” The cybersecurity expert said that he found that Twitter cannot protect its data because the company does not know “what data it has, where it lives and where it came from.” Employees – particularly engineers, who make up half the full-time workforce – have too much access to data. This means any employee can access loads of sensitive information about a Twitter user, including their geolocation and data needed to directly access their device. “It doesn’t matter who has the keys if you don’t have any locks on the doors,” he said. Peiter “Mudge” Zatko, former head of security at Twitter, testifies before the Senate Judiciary Committee on data security at Twitter, on Capitol Hill, Sept. 13. (Photo: Kevin Dietsch via Getty Images) Peiter “Mudge” Zatko, former head of security at Twitter, testifies before the Senate Judiciary Committee on data security at Twitter, on Capitol Hill, Sept. 13. (Photo: Kevin Dietsch via Getty Images) Twitter founder Jack Dorsey recruited Zatko to the company after the platform was infamously hacked by teenagers who took over several high-profile accounts as part of an effort to scam Twitter users out of Bitcoin. After joining, Zatko said he discovered that Twitter had a decade of overdue security issues and as a result disclosed the failures repeatedly “to the highest levels of” the company. When his warnings were ignored, he then submitted the disclosures to government agencies and regulators. Story continues “Twitter leadership is misleading the public, lawmakers, regulators and even its own board of directors,” Zatko said, adding that leaders ignored the company’s engineers because “their executive incentives led them to prioritize profits over security.” The cybersecurity expert’s testimony was similar to that of Facebook whistleblower Frances Haugen , who spoke to lawmakers last year about concerns about the platform choosing profit over safety. While Haugen backed up her claims with internal documents, Zatko has not yet provided documentary support. Twitter has called the former executive’s allegations “a false narrative” that is “riddled with inconsistencies and inaccuracies and lacks important context.” Sen. Chuck Grassley (R-Iowa), the committee’s ranking member, said Tuesday that Twitter CEO Parag Agrawal declined to testify at the hearing, citing ongoing legal proceedings with Tesla billionaire Elon Musk. Twitter sued Musk after he attempted to back out of his $44 billion deal to acquire the platform – claiming the company has underreported fake accounts , something Zatko has also accused Twitter of . Grassley said the Senate hearing is “more important than Twitter’s civil litigation in Delaware.” This article originally appeared on HuffPost and has been updated. Related... Musk Cites Whistleblower As New Reason To Exit Twitter Deal Former Twitter Security Chief Files Whistleblower Complaints Elon Musk Subpoenas Twitter Whistleblower Ahead Of Trial SEC Questions Twitter On How It Counts Fake Accounts... - Reddit Posts (Sample): [['u/TheDridex', 'September 2022 leak: Live updates', 39, '2022-09-28 01:13', 'https://www.reddit.com/r/gta6six/comments/xpvuwk/september_2022_leak_live_updates/', '***Continuation of the original*** r/GamingLeaksAndRumours ***update thread by*** [u/ak47rocks1337yt](https://www.reddit.com/u/ak47rocks1337yt/).\n\n***PART 1 (Edit 1-117):*** [click here](https://www.reddit.com/r/gta6six/comments/xhvsqm/september_2022_leak_rgamingleaksandrumours/)***.***\n\n***Lastest update: 12:40 pm CT October 10***\n\n​\n\n**(12:40 pm central 10/10/22) Edit 134:** Follow up on the 2K breach ([Edit 77](https://www.reddit.com/r/gta6six/comments/xhvsqm/september_2022_leak_rgamingleaksandrumours/))\n\n\\- [According to VGC](https://www.videogameschronicle.com/news/2k-confirms-some-user-data-was-stolen-in-recent-hack-and-put-up-for-sale/), Take-Two subsidiary 2K has confirmed that the recent breach of its support service resulted in customers\' personal information being stolen and put up for sale.\n\n\\- There is no concrete evidence yet that the hacker group Lapsus$ (affiliated with the GTA VI hacker/leaker) was involved.\n\n**(08:25 pm central 10/09/22) Edit 133:** [Confirmed protagonist vehicle - 1970s Ford Ranchero](https://www.reddit.com/r/gta6six/comments/y01k3g/protagonist_vehicle_1970s_ford_ranchero/) (unclear if owned by Jason or Lucia or both). Uncensored HQ image in comments.\n\n**(01:31 pm central 10/09/22) Edit 132:** Update on this subreddit\n\n\\- As you may have noticed, the website used to mask flagged links was taken offline, either by the original host or at the request of someone else. This is especially evident in the [clips post](https://www.reddit.com/r/gta6six/comments/xjfl10/september_2022_leak_dmcaed_rgta_post_compiling/). Luckily the links still work thanks to the automatic use of Wayback Machine by Cloudflare. An alternative is still being searched for, however.\n\n\\- New map showing location of clips with FOV will come with Version 0.021, alongside base + sections; comparison with GTA V map will also be updated. More analysis and more data also coming, will update the [footage/analysis post](https://www.reddit.com/r/gta6six/comments/xhx6gq/september_2022_leak_footage_screenshots_and/).\n\n**(10:08 am central 10/06/22) Edit 131:** Rockstar has re-enabled comments on their latest social media post, they\'ve been disabled since September 22. As a separate reminder, Rockstar usually teases their next game a few days before dropping the first trailer, these are their previous ones for [GTA V](https://twitter.com/rockstargames/status/128788090969001984) (first trailer released 8 days after) and [RDR2](https://twitter.com/RockstarGames/status/787639249864630273) (first trailer released 4 days after).\n\n**(08:58 am central 10/05/22) Edit 130:** [Version 0.020 map + sections](https://www.reddit.com/r/gta6six/comments/xwb8vv/map_update_base_sections_version_0020/).\n\n\\- Update notes: *"Cleaned up & updated Ocean Beach. Tweaked some of the overall landmass and water. Adjusted the positioning of the industrial facility based on speculation of distance. Incorporated illustrative hills where we have them up in the NW part of the map. Fixed inconsistencies in the grey tones used for buildings and outlined them with a border."*\n\n**(13:22 pm central 10/03/22) Edit 129:** Noticed by Tez2:\n\n\\- On SteamDB today, Rockstar pushed updates to all QA branches across all active games as part of their new security measures. This happened two weeks ago as well. It appears whatever new access keys Rockstar came up with are scheduled to change every two weeks.\n\n**(08:52 am central 10/03/22) Edit 128:** It looks like Lucia’s character was partly inspired by Columbian drug lady [Griselda Blanco](https://www.reddit.com/r/gta6six/comments/xuk07p/griselda_blanco_columbian_drug_lady_and_potential/).\n\n**(07:11 am central 10/03/22) Edit 127:** [Version 0.019 map + sections](https://www.reddit.com/r/gta6six/comments/xuholy/map_update_base_sections_version_0019/).\n\n\\- Update notes: *"Incorporated elements of Gallehorn into the map. Added Canal route speculation through Rockridge. Updated Virginia Keys highway and tennis arena speculation. Included more speculative highway connections."*\n\n**(09:17 pm central 10/02/22) Edit 126:** [Central Vice City Real Life Locations Part 1](https://www.reddit.com/r/gta6six/comments/xu48n6/central_vice_city_real_life_locations_part_1/): analysis of [metro clip](https://coolurl.mattkruskamp.com/m1c4YlOAoE-cdqxG6mcNHw) (ground level + 3D satellite + VI map)\n\n**(12:08 pm central 10/01/22) Edit 125:** [Rockstar Insider Tez2 on release date:](https://cdn.discordapp.com/attachments/1022469482339381291/1025831457417072742/unknown.png)\n\n\\- The leaked clips indicate that the build of the game went from Version 400 to 404 in a span of two weeks. We can estimate from this that Version 1 dates back to late 2018 - early 2019. This matches Rockstar\'s tendency to move on into the next project right after releasing its previous major project, in this case after RDR2.\n\n\\- RDR2 took 5 years of full development until release. Applying the same to VI, then we expect a release window in 2024.\n\n**(12:08 pm central 10/01/22) Edit 124:** [Rockstar Insider Tez2 on leaked clips:](https://cdn.discordapp.com/attachments/1022469482339381291/1025833757904748564/unknown.png)\n\n\\- It is likely that the videos were recorded and uploaded right after on Rockstar\'s Slack channel, meaning the video titles represent the upload dates. Therefore the most recent clip is [this one.](https://coolurl.mattkruskamp.com/KRKwQrd8bUa3Axx5T6wVUw)\n\n**(01:22 pm central 09/30/22) Edit 123:** Leaked footage post was taken down by reddit\'s spam filter, it\'s [now back up](https://www.reddit.com/r/gta6six/comments/xs8ihz/september_2022_leak_footage_analysis_and/)\n\n**(04:27 pm central 09/29/22) Edit 122:** [Version 0.018 map + sections](https://www.reddit.com/r/gta6six/comments/xpw8lg/map_update_base_sections_version_0017/).\n\n\\- Update notes: *"Added the newly discovered railway track near the airport metro. Added the newly discovered metro line branch/split in Rockridge. Added the Railway line to the Key. Updated Rockridge to include buildings. Extended the Lake/Canal to accompany the facility location"*\n\n**(07:31 pm central 09/28/22) Edit 121**: Update on Telegram group chat\n\n\\- The group owner, going by the account name "Phil", who initially invited leaker "teapot" to the group chat, tried to sell it a few days ago for $1000, but was unsuccessful.\n\n\\- He later claimed to have access to the GTA V source code after supposedly talking to the person who reportedly bought it from "teapot" for 100k in bitcoin. He provided a screenshot for proof.\n\n\\- The screenshot has now been debunked by a user on GTA Forums. The code was taken from CSGO and modified slightly. [Screenshot comparison](https://cdn.discordapp.com/attachments/1022469482339381291/1024840915824685116/unknown.png)\n\n**(02:47 pm central 09/27/22)** **Edit 120:** The hacker appeared in front of the Highbury Corner Youth Court over the weekend and pleaded guilty to breaching bail condition but not guilty to computer misuse. He\'s been remanded in a youth detention center.\n\n**(18:35 pm central 09/27/22) Edit 119:** [Version 0.017 map + sections](https://www.reddit.com/r/gta6six/comments/xpw8lg/map_update_base_sections_version_0017/).\n\n\\- Update notes: "Updated Metro track around airport. Added beach terrain colour to the key. Updated lake/waterway to be a speculative canal or river. Fixed Trailer & Pool orientation & spec road attached."\n\n**(18:13 pm central 09/27/22) Edit 118:** New thread is here!', 'https://www.reddit.com/r/gta6six/comments/xpvuwk/september_2022_leak_live_updates/', 'xpvuwk', [['u/FlyingNAZ', 12, '2022-09-28 01:33', 'https://www.reddit.com/r/gta6six/comments/xpvuwk/september_2022_leak_live_updates/iq65j9h/', "I want to thank you so much for the effort you're investing into this thread. Keep it up.", 'xpvuwk']]], ['u/mcvilllain', 'Looking for a hardware wallet...', 19, '2022-09-28 04:11', 'https://www.reddit.com/r/Ripple/comments/xpzt4s/looking_for_a_hardware_wallet/', "I have a small nestegg of xrp in coinbase and would like to get a cold storage wallet for added security, but it's unclear whether many of them will even support xrp.\n\nIdk much about hardware wallets, but I just want to put all my xrp on one and keep it in a safe offline essentially. I'm not really a trader. I plan on learning more about my specific wallet and wallets in general once I buy one and can tinker with it.\n\nDoes anyone have any good recommendations of which to get? I see from a twitter post a while ago that keepkey should support xrp, but idk if that's true anymore what with the legal stuff. I like the price on it though. The same goes for blockstream jade, although I can't tell if it supports anything other than bitcoin.\n\nI'm also concerned about support for some wallets, can they be like obsoleted? Is there any chance I could get a wallet and have my xrp stuck in it with no ability to swap to another due to a service going down?\n\nAny advice would be greatly appreciated. Thanks!", 'https://www.reddit.com/r/Ripple/comments/xpzt4s/looking_for_a_hardware_wallet/', 'xpzt4s', [['u/theogravity', 19, '2022-09-28 04:41', 'https://www.reddit.com/r/Ripple/comments/xpzt4s/looking_for_a_hardware_wallet/iq6tgvo/', 'Ledger. Fully supports XRP. What you really need to keep in storage through is the seed words for your hardware wallet. You can restore any hardware wallet with them, and anyone who grabs it will have access to your accounts.', 'xpzt4s'], ['u/mcvilllain', 10, '2022-09-28 05:29', 'https://www.reddit.com/r/Ripple/comments/xpzt4s/looking_for_a_hardware_wallet/iq6yxcw/', "That's what I'm trying to do right now. That's why I am asking for help and advice. I literally said in the post that I am uninformed. I don't think there's any ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["TBD, the bitcoin-focused subsidiary of Jack Dorsey’s Block (SQ), is teaming up with Circle Internet Finance, issuer of the USDC stablecoin, to bring cross-border dollar-linked stablecoin transfers and savings to investors globally. The firms unveiled their partnership Wednesday during Circle’s Converge22 conference in San Francisco. Block is a payments firm that runs Cash App and is helmed by Twitter (TWTR) co-founder and notable bitcoin ( BTC ) proponent Jack Dorsey. Its filial, TBD, is an open-source developer platform that has been working on a decentralized crypto exchange called TBDex. TBD has been working on a so-called Web5 decentralized identity initiative that would allow people to retain their user data and interact with each other without intermediaries. Read more: Jack Dorsey’s TBD Announces Web 3 Competitor: Web5 Various government-issued currencies’ value nosedived against the U.S. dollar due to rampant inflation worldwide and aggressive tightening of monetary policy. People living in countries with rapidly depreciating currencies – such as in Argentina or Turkey – took refuge in crypto to protect their savings from devaluation, and U.S. dollar-linked stablecoins became a popular alternative for savings and remittances to elude local capital controls and unlock cheaper transactions. “The U.S. dollar is the reserve currency today, and we think bitcoin might be the reserve currency of tomorrow. Stablecoins are the bridge in between,” Emily Chiu, TBD’s chief operating officer, told CoinDesk. The collaboration between TBD and Circle aims to lay the foundation to access stablecoins globally, so developers can build upon the infrastructure and crypto wallet providers can plug into the open-source protocol. This includes building the sufficient links – on-ramps and off-ramps – between the traditional government-issued (fiat) currencies and blockchain-based digital currencies. “This is crypto’s last-mile problem, how you get people in and out of crypto,” Chiu said. “Today, it’s too hard for someone who isn't a crypto native to access crypto in a decentralized way, and for crypto natives to off-ramp into fiat money depending on their jurisdictions.” Story continues Circle’s USDC, the second largest stablecoin on the market with a $49 billion circulating supply, stands to benefit from being a bridge for cross-border payments. Kash Razzaghi, Circle’s chief revenue officer, told CoinDesk that remittances are one of the most compelling use cases for stablecoins, and highlighted the U.S.-Mexican cross-border payments market as a focus for Circle. Data by the World Bank shows that Mexico was the second-largest recipient of remittances in the world last year with $51.6 billion, and 95% of that originated from the U.S., according to the Mexican central bank .", "TBD, the bitcoin-focused subsidiary of Jack Dorsey’s Block (SQ), is teaming up with Circle Internet Finance, issuer of theUSDCstablecoin, to bring cross-border dollar-linkedstablecointransfers and savings to investors globally.\nThe firms unveiled their partnership Wednesday during Circle’sConverge22conference in San Francisco.\nBlock is a payments firm that runs Cash App and is helmed by Twitter (TWTR) co-founder and notable bitcoin (BTC) proponent Jack Dorsey. Its filial, TBD, is an open-source developer platform that has been working on a decentralized crypto exchange called TBDex. TBD has been working on a so-called Web5 decentralized identity initiative that would allow people to retain their user data and interact with each other without intermediaries.\nRead more:Jack Dorsey’s TBD Announces Web 3 Competitor: Web5\nVarious government-issued currencies’ value nosedived against the U.S. dollar due to rampant inflation worldwide and aggressive tightening of monetary policy. People living in countries with rapidly depreciating currencies – such as inArgentinaorTurkey– took refuge in crypto to protect their savings from devaluation, and U.S. dollar-linked stablecoins became a popularalternative for savings and remittancesto elude local capital controls and unlock cheaper transactions.\n“The U.S. dollar is the reserve currency today, and we think bitcoin might be the reserve currency of tomorrow. Stablecoins are the bridge in between,” Emily Chiu, TBD’s chief operating officer, told CoinDesk.\nThe collaboration between TBD and Circle aims to lay the foundation to access stablecoins globally, so developers can build upon the infrastructure and crypto wallet providers can plug into the open-source protocol. This includes building the sufficient links – on-ramps and off-ramps – between the traditional government-issued (fiat) currencies and blockchain-based digital currencies.\n“This is crypto’s last-mile problem, how you get people in and out of crypto,” Chiu said. “Today, it’s too hard for someone who isn't a crypto native to access crypto in a decentralized way, and for crypto natives to off-ramp into fiat money depending on their jurisdictions.”\nCircle’s USDC, the second largest stablecoin on the market with a $49 billion circulating supply, stands to benefit from being a bridge for cross-border payments.\nKash Razzaghi, Circle’s chief revenue officer, told CoinDesk that remittances are one of the most compelling use cases for stablecoins, and highlighted theU.S.-Mexican cross-border paymentsmarket as a focus for Circle.\nData by the World Bankshows that Mexico was the second-largest recipient of remittances in the world last year with $51.6 billion, and 95% of that originated from the U.S.,according to the Mexican central bank.", 'Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam said Wednesday that CFTC-led regulation could have significant benefits for the crypto industry, including a potential boost to the price of bitcoin. \x93Growth might occur if we have a well-regulated space,\x94 Behnam told attendees during a fireside chat at NYU School of Law. \x93Bitcoin might double in price if there\x92s a CFTC-regulated market.\x94 Behnam has consistently argued for the need to provide market participants with regulatory clarity \x96 something that many in the crypto industry have argued is lacking. For years, the CFTC and the U.S. Securities and Exchange Commission (SEC) have squabbled over the role of top regulator for the crypto industry, both reluctant to issue much in the way of formal guidance for crypto companies, choosing instead to set regulatory precedent through enforcement actions. A clear regulatory framework, Behnam argued, could pave the way for institutional investors to enter the market. \x93These incumbent institutions in the crypto space see a massive opportunity for institutional inflows that will only occur if there\x92s a regulatory structure around these markets,\x94 Behnam said. \x93Non-bank [crypto] institutions thrive on regulation, they thrive on regulatory certainty, they thrive on a level playing field,\x94 Behnam added. \x93And they may say otherwise, they might bicker about the type of regulation \x96 but what they love most is regulation because they are the smartest, the fastest and the most well-resourced. With those attributes, they can beat everyone else in the market.\x94 Settling the debate through legislation A bipartisan bill introduced by the leaders of the Senate Agriculture Committee , which oversees the CFTC, would crown the CFTC the primary regulator for the crypto industry, expanding the agency\x92s authority to oversee crypto spot markets and requiring crypto trading firms to register with the CFTC \x96 though it stopped short of explicitly defining where one agency\x92s purview ended and the other\x92s began. Story continues Behnam said on Thursday that he supports the bill, which includes a provision that would allow the cash-strapped agency to levy fees on regulated entities \x96 something Behnam argued would be critical if CFTC is to tackle the challenge of regulating crypto. \x93We are [currently] appropriated money by Congress, and it has put us in a position where we feel like we\x92re constantly on edge about how much money we will be appropriated,\x94 Behnam said. \x93We are still feeling the wounds and scars from about five or six years of flat funding.\x94 The CFTC\x92s battle with the dual issues of jurisdiction over crypto markets and its comparatively small operating budget has impacted its ability to effectively deal with crypto crime, Behnam told the audience on Thursday. \x93We\x92re only touching the tip of the iceberg,\x94 Behnam said. \x93The 60 or so cases [the CFTC has] brought, we\x92ve had to solely rely on whistleblowers, on customer complaints and on tips coming to us. \x93We don\x92t have the traditional surveillance tools, the market oversight tools, to monitor trading platforms, to oversee broker-dealers or similarly-situated intermediaries \x85 [T]hose are the types of things we fall a little bit short on, not because of lack of effort but because of a lack of jurisdiction,\x94 he added. UPDATE (Sept. 28, 2022): Corrects that the speech was Wednesday, not Thursday.', 'Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam said Wednesday that CFTC-led regulation could have significant benefits for the crypto industry, including a potential boost to the price of bitcoin.\n“Growth might occur if we have a well-regulated space,” Behnam told attendees during a fireside chat at NYU School of Law. “Bitcoin might double in price if there’s a CFTC-regulated market.”\nBehnam has consistently argued for the need to provide market participants with regulatory clarity – something that many in the crypto industry have argued is lacking. For years, the CFTC and the U.S. Securities and Exchange Commission (SEC) havesquabbled over the role of top regulatorfor the crypto industry, both reluctant to issue much in the way of formal guidance for crypto companies, choosing instead toset regulatory precedent through enforcementactions.\nA clear regulatory framework, Behn **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-09-29 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $370,039,124,175 - Hash Rate: 222928606.67506388 - Transaction Count: 267342.0 - Unique Addresses: 652313.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.22 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Anyone who holds bitcoin (BTC), monero (XMR) or another censorship-resistant cryptocurrency should be lining up to shakeAndrew Ross Sorkin’shand. The New York Times columnist took avictory lapthis weekend when the International Standards Organization (ISO) created a new merchant category code (MCC) for credit or debit card purchases at gun stores to make those transactions stand out. Until now, such stores have been included in the broader category of sporting goods stores (code 5941, should you be wondering). For years Sorkin had beenadvocatingthe creation of such a code to help financial institutions flag suspicious activity in the hopes of preventing mass shootings, and criticizing Visa (V) and Mastercard (MA) for resisting such calls. His campaign followed a Timesinvestigative serieson the unwitting role the banking industry played in financing such massacres. This 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. Amalgamated Bank, the union-owned New York lender, applied for the code’s creation earlier this year, was rejected, then tried again. In the wake of the May school shooting in Uvalde, Texas, the second application succeeded. On the eve of the code’s creation, Sorkin declared that it would “test the resolve of business leaders and their commitment to American lives.” Never mind that gun buyers trying to fly under the radar now have an incentive to pay with cash (or perhaps cryptocurrency, where it’s accepted), or tomake the purchase at Bass Pro Shops rather than a specialist firearms retailer. Read more:As the Gun Market Moves to Crypto, Deeply Private Owners Reveal More Than They May Know Never mind that, as Sorkin acknowledges, it’s an open question whether the code will be used. That’s up to the “acquiring” banks that plug merchants into the card networks. Shrewd acquirers, subject to audits by Visa and Mastercard, might advise gun-shop clients to start selling tents to justify using a different code. Never mind that, depending if the code is used andhow “suspicious activity” is defined, law-abiding gun buyers could end up the subjects of suspicious activity reports (SAR) filed by bankerserring on the side of caution. Those SARs, including subjects’ sensitive personal information, will sit in a government database foran indefinite period. The code is also likely to become a “high-risk merchant” category, meaning gun sellers would end up paying steeper fees for access to the card networks, to compensate banks for the added monitoring burden, payments industry veterans said. Never mind that clamping down onhowmass shootings occur is at best a short-term fix, and not the same thing as addressing the reasonswhytheyoccur. If nothing else, Sorkin has succeeded in further politicizing the payment system and further deputizing financial institutions as unpaid informants for law enforcement. And that, all else equal, is bullish, over the very long term, for bitcoin and perhaps a few of its competitors. To be clear: I am not claiming that Sorkin’s victory will have any direct or immediate effect on the price of any coin. You will find no “trading signals” in this article. I am talking, rather, ofsecond- and third-order effects. Read more:In Defense of Crime Those cheering the ISO’s decision and Sorkin’s crusade should rewatch a classic public service announcement from the 1980s. A man confronts his son about a box of drug paraphernalia found in the teenager’s closet. “Who taught you how to do this stuff?” asks the father. “You, alright?” answers the boy. “I learned it by watching you.” Imagine what the right wing is learning by watching Sorkin. Following a recent U.S. Supreme Court decision, abortion is nowillegal or soon to bein more than a dozen states. Lawmakers in some conservative states have floatedmeasures to penalizethose who help residents get out-of-state abortions, including by paying for the procedure or travel expenses. If such laws pass, why shouldn’t those states demand the creation of a special merchant code for abortion clinics (which now presumably fall under 8099, “Health Practitioners, Medical Services – Not Elsewhere Classified”)? After all, it would help the states flag what would now qualify as “suspicious activity” when, for example, a local resident’s card is charged at an out-of-state family-planning center. Read more:Why the 3D-Printed Gun Debate Matters to Crypto (2018) From the perspective of the anti-abortion movement, also known as the pro-life movement, such a code would “test the resolve of business leaders and their commitment to American lives.” “Don’t give them ideas, Marc,” I hear some of my blue-state brethren saying. I’m not. Andrew Ross Sorkin is giving them ideas, by ratcheting up the trend ofcommandeering financial infrastructureto achieve political goals outside any democratic legislative process. What’s next? Will the right wing insist on a merchant code for transgender care clinics (which, in their minds, are practicing child abuse)? Will the left counter with an MCC for books expressing “hate speech,” the better to detect the “extremists” who purchase them? None of this would be good for the country or for its banking system. But it’d be great for crypto! Read more:Crypto Becomes Lifeline for Russian Emigrés Opposing Putin’s War in Ukraine Bitcoin has no merchant category codes. A transaction is a transaction. As long as you control the private keys to a wallet, the network will follow your instructions to process the payment, no matter if the recipient is a narcoterrorist or a nun. Of course, the Bitcoin network in its raw formisn’t private. Those who want to cover their tracks on the open ledger have totake extra precautions– oruse privacy coins like XMR, which boast stronger cryptographic protections but are harder to buy or sell for cash than BTC. Cryptocurrencies remain aclunky but serviceablesolution for the desperate. So don’t count on a spate of gun shops suddenly accepting crypto payments. Don’t expect slumping coin prices to roar back as a result of Sorkin’s achievement. I won’t bother looking up what the BTC price did in the days since the ISO caved to the pressure. Trying to draw a straight line between the two would be dumb. But directionally, Sorkin has highlighted cryptocurrency’s fundamental value proposition: its cash-like neutrality. For that, crypto holders owe him their gratitude.... - Reddit Posts (Sample): [['u/jam-hay', 'The Bank of England just repeated a similar bailout that potentially inspired the creation of Bitcoin.', 197, '2022-09-29 01:24', 'https://www.reddit.com/r/CryptoCurrency/comments/xqrrh2/the_bank_of_england_just_repeated_a_similar/', 'On the 3rd of January 2009, The Times published a front page article with the heading "Chancellor on brink of second bailout for banks". \n\nThese words were stamped in the Genesis block of the Bitcoin blockchain.\n\nWhile Nakamoto never clearly stated the meaning of the message, many have interpreted it as a reference to why Nakamoto developed Bitcoin: to cut out the banks and middlemen that he saw as corrupt and unreliable, electing to create a more people-driven currency.\n\nIt [transpired](https://citywire.com/funds-insider/news/bank-of-england-reveals-secret-61-6bn-loans-to-rbs-and-hbos/a369533) the Bank of England provided emergency funding of **£61.6bn** to crisis hit banks at the height of the financial crisis. \n\nOn Tuesday night, the yield on any new long-term government borrowing had risen to 5% – the highest level since the global financial crisis of 2008. The rapid upward move in gilt yields had implications for mortgage rates, overdrafts, company loans and pension funds.\n\n[As a result, the Bank has responded with a temporary and targeted round of quantitative easing (QE) – the bond buying programme that it originally launched in early 2009.](https://www.theguardian.com/business/2022/sep/28/banks-intervention-may-not-mark-the-end-of-market-mayhem)\n\nIt plans initially to spend **£65bn** – £5bn a day – buying UK bonds until mid October. \n\nThe Bank has not paid for the bonds in cash, it has created the money with a guarantee from the Treasury, which means that every pound is covered by the taxpayer.\n\nIt\'s been pointed out that this money printing has predominantly been used to [bail out the pension funds of the Boomers (58 - 76).](https://www.manchestereveningnews.co.uk/news/uk-news/pension-funds-would-collapsed-today-25131648)\n\nIt\'s worth while pointing out everything that\'s happening in the UK is largely without a mandate from the British people. A group of politicians ousted the Prime Minister with one of the largest electoral mandates in history (13,966,454 votes).\n\nIt became clear that many had an agenda to further their own career. The replacement PM Liz Truss was voted in by just 81,326 members of the Conservative party. Now she\'s taking the country down her own completely new experimental financial path which is never appeared in any conservative party manifesto... crashing the gilt market and pound as she goes.\n\nThings got so bad that another unelected, unaccountable party... the Central Bank of England.. undemocratically prints £60+ billion out of thin air to predominantly bail out boomers (of which there are many among them)... adding to the taxpayer tab to be paid off by subsequent generations going through their own cost of living crisis.\n\nIn short... thank fuck for Satoshi and Crypto. It may not be perfect but at least today there are freely open, transparent, democratic and decentralised alternative financial systems we can participate in should we wish. That\'s fair and true democracy. \n\n**TDLR**\n\nIn 2022 the Bank Of England has just repeated a similar styled money printing bailout that inspired the movement behind the worlds first crypto Bitcoin in 2008/9. Let\'s hope the actions of today\'s undemocratic financial and political elite, inspire a whole new generation to keep driving the decentralised financial revolution forward in the same way.', 'https://www.reddit.com/r/CryptoCurrency/comments/xqrrh2/the_bank_of_england_just_repeated_a_similar/', 'xqrrh2', [['u/TruthSeeekeer', 15, '2022-09-29 01:28', 'https://www.reddit.com/r/CryptoCurrency/comments/xqrrh2/the_bank_of_england_just_repeated_a_similar/iqaum1o/', 'Satoshi is now going to come back to create Bitcoin 2: Electric Boogaloo', 'xqrrh2'], ['u/Bucksaway03', 38, '2022-09-29 01:35', 'https://www.reddit.com/r/CryptoCurrency/comments/xqrrh2/the_bank_of_england_just_repeated_a_similar/iqavm5s/', 'When are these clowns going to learn from past mistakes', 'xqrrh2'], ['u/meeleen223', 19, '2022-09-29 01:40', 'https://www.reddit.com/r/CryptoCurrency/comments/xqrrh2/the_bank_of_england_just_repeated_a_similar/iqawbyd/', "They won't, they will continue to fight to protect the system and keep the power and control they have", 'xqrrh2']]], ['u/jam-hay', 'The Bank Of England just committed Billions of Q.E. to Bail out Boomer pensions, in a similar historic moment that inspired Satoshi and the Bitcoin movement.', 355, '2022-09-29 01:39', 'https://www.reddit.com/r/Bitcoin/comments/xqs3h6/the_bank_of_england_just_committed_billions_of_qe/', 'On the 3rd of January 2009, The Times published a front page article with the heading "Chancellor on brink of second bailout for banks". \n\nThese words were stamped in the Genesis block of the Bitcoin blockchain.\n\nWhile Nakamoto never clearly stated the meaning of the message, many have interpreted it as a reference to why Nakamoto developed Bitcoin: to cut out the banks and middlemen that he saw as corrupt and unreliable, electing to create a more people-driven currency.\n\nIt [transpired](https://citywire.com/funds-insider/news/bank-of-england-reveals-secret-61-6bn-loans-to-rbs-and-hbos/a369533) the Bank of England provided emergency funding of **£61.6bn** to crisis hit banks at the height of the financial crisis. \n\nOn Tuesday night, the yield on any new long-term government borrowing had risen to 5% – the highest level since the global financial crisis of 2008. The rapid upward move in gilt yields had implications for mortgage rates, overdrafts, company loans and pension funds.\n\n[As a result, the Bank has responded with a temporary and targeted round of quantitative easing (QE) – the bond buying programme that it originally launched in early 2009.](https://www.theguardian.com/business/2022/sep/28/banks-intervention-may-not-mark-the-end-of-market-mayhem)\n\nIt plans initially to spend **£65bn** – £5bn a day – buying UK bonds until mid October. \n\nThe Bank has not paid for the bonds in cash, it has created the money with a guarantee from the Treasury, which means that every pound is covered by the taxpayer.\n\nIt\'s been pointed out that this money printing has predominantly been used to [bail out the pension funds of the Boomers (58 - 76).](https://www.manchestereveningnews.co.uk/news/uk-news/pension-funds-would-collapsed-today-25131648)\n\nIt\'s worth while pointing out everything that\'s happening in the UK is largely without a mandate from the British people. A group of politicians ousted the Prime Minister with one of the largest electoral mandates in history (13,966,454 votes).\n\nIt became clear that many had an agenda to further their own career. The replacement PM Liz Truss was voted in by just 81,326 members of the Conservative party. Now she\'s taking the country down her own completely new experimental financial path which is never appeared in any conservative party manifesto... crashing the gilt market and pound as she goes.\n\nThings got so bad that another unelected, unaccountable party... the Central Bank of England.. undemocratically prints £60+ billion out of thin air to predominantly bail out boomers (of which there are many among them)... adding to the taxpayer tab to be paid off by subsequent generations going through their own cost of living crisis.\n\nIn short... thank fuck for Satoshi and Crypto. It may not be perfect but at least today there are freely open, transparent, democratic and decentralised alternative financial systems we can participate in should we wish. That\'s fair and true democracy. \n\n**TDLR**\n\nIn 2022 the Bank Of England has just repeated a similar styled money printing bailout that inspired the movement behind the worlds first crypto Bitcoin in 2008/9. Let\'s hope the actions of today\'s undemocratic financial and political elite, inspire a whole new generation to keep driving the decentralised financial revolution forward in the same way.', 'https://www.reddit.com/r/Bitcoin/comments/xqs3h6/the_bank_of_england_just_committed_billions_of_qe/', 'xqs3h6', [['u/hestalorian', 58, '2022-09-29 02:04', 'https://www.reddit.com/r/Bitcoin/comments/xqs3h6/the_bank_of_england_just_committed_billions_of_qe/iqazfpd/', 'In 2009, I was shamefully unaware of the political catalysts that (allegedly) inspired Satoshi to create a decentralized currency. Anyone who still denies the need to end the existing banking industry is either destined to be left behind or is a part of the problem.', 'xqs3h6'], ['u/jam-hay', 14, '2022-09-29 02:52', 'https://www.reddit.com/r/Bitcoin/comments/xqs3h6/the_bank_of_england_just_committed_billions_of_qe/iqb5rpa/', 'Yes, but they are the generation most reliant on them currently as they are of pensionable age. You do know which generation is most likely to be paying off the resultant financial black hole with interest?', 'xqs3h6'], ['u/56yM34Wy', 10, '2022-09-29 02:58', 'https://www.reddit.com/r/Bitcoin/comments/xqs3h6/the_bank_of_england_just_committed_billions_of_qe/iqb6fov/', "I agree with most of ehat you said except the part of “to cut out the banks and middlemen”. No. It’s to have an alternative currency that isn't constantly debased by governments, with the benefits of p2p and encryption which is the only way it could survive. And thus protecting oneself from inflation and confiscation.", 'xqs3h6'], ['u/Double-LR', 61, '2022-09-29 04:03', 'https://www.reddit.com/r/Bitcoin/comments/xqs3h6/the_bank_of_england_just_committed_billions_of_qe/iqbf036/', 'It’s almost like the pensions should have been held for use by the pensioners, safe and solvent, instead of being used as capital by investment firms to rake in record profits for themselves while only providing an abysmal fraction as profit for those that deposited in to the funds in the first place. \n\nAm I dumb or 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:** ['(Bloomberg) -- Hong Kong will give away 500,000 plane tickets to lure visitors back to the financial hub when the government removes all remaining restrictions on inbound arrivals, local media outlet Sing Tao reported in a column, citing people it didn\x92t identify. Most Read from Bloomberg MacKenzie Scott Files for Divorce From Science Teacher Husband Top Apple Executive Is Leaving After Making Crude Remarks in TikTok Video Meta to Cut Headcount for First Time, Slash Budgets Across Teams Marjorie Taylor Greene\x92s Husband Files for Divorce After 27 Years Putin Says Annexation Is Forever, Defends Ukraine Land Grab Chief Executive John Lee may announce the plan to return to normalcy in his October policy address, unless the Covid-19 situation significantly worsens, the report said, citing political and business groups. The giving away of the tickets, which the government purchased in 2020 to attract travelers, is one of the measures aimed at boosting tourism, it said. Read more: Hong Kong Businesses Push For Full Reopening to Revive City The government estimated that it will take one to two quarters for tourists to return the city even after it cancels the remaining curbs that include three days of movement restrictions, according to Sing Tao. Expectations are building that Hong Kong will look to scrap remaining restrictions on inbound travelers, who are barred from going to bars or eating at restaurants for three days and must test daily for seven days, following the recent removal of mandatory hotel quarantine. The city\x92s tough Covid-19 rules have kept it isolated for most of the pandemic, tarnishing its standing as a global financial center and battering its economy. Most Read from Bloomberg Businessweek The Unstoppable Dollar Is Wreaking Havoc Everywhere But America Jay Powell Needs Investors to Lose Money Twitter Is in This Mess Because Jack Dorsey Was Too Busy Being a Bitcoin Influencer Would You Invest $10,000 in a Friend\x92s Startup? Are You Friends If You Don\x92t? The World Sees Brazil\x92s Election as a Climate Flashpoint. Brazilians Have Other Concerns ©2022 Bloomberg L.P.', '(Bloomberg) -- Hong Kong will give away 500,000 plane tickets to lure visitors back to the financial hub when the government removes all remaining restrictions on inbound arrivals, local media outlet Sing Tao reported in a column, citing people it didn\x92t identify. Most Read from Bloomberg MacKenzie Scott Files for Divorce From Science Teacher Husband Top Apple Executive Is Leaving After Making Crude Remarks in TikTok Video Meta to Cut Headcount for First Time, Slash Budgets Across Teams Marjorie Taylor Greene\x92s Husband Files for Divorce After 27 Years Putin Says Annexation Is Forever, Defends Ukraine Land Grab Chief Executive John Lee may announce the plan to return to normalcy in his October policy address, unless the Covid-19 situation significantly worsens, the report said, citing political and business groups. The giving away of the tickets, which the government purchased in 2020 to attract travelers, is one of the measures aimed at boosting tourism, it said. Read more: Hong Kong Businesses Push For Full Reopening to Revive City The government estimated that it will take one to two quarters for tourists to return the city even after it cancels the remaining curbs that include three days of movement restrictions, according to Sing Tao. Expectations are building that Hong Kong will look to scrap remaining restrictions on inbound travelers, who are barred from going to bars or eating at restaurants for three days and must test daily for seven days, following the recent removal of mandatory hotel quarantine. The city\x92s tough Covid-19 rules have kept it isolated for most of the pandemic, tarnishing its standing as a global financial center and battering its economy. Most Read from Bloomberg Businessweek The Unstoppable Dollar Is Wreaking Havoc Everywhere But America Jay Powell Needs Investors to Lose Money Twitter Is in This Mess Because Jack Dorsey Was Too Busy Being a Bitcoin Influencer Would You Invest $10,000 in a Friend\x92s Startup? Are You Friends If You Don\x92t? The World Sees Brazil\x92s Election as a Climate Flashpoint. Brazilians Have Other Concerns ©2022 Bloomberg L.P.', '(Bloomberg) -- Chile plans to raise fiscal spending by 4.2% next year, President Gabriel Boric said on Thursday, as the administration faces pressure to improve social services without stoking above-target inflation. Most Read from Bloomberg MacKenzie Scott Files for Divorce From Science Teacher Husband Top Apple Executive Is Leaving After Making Crude Remarks in TikTok Video Meta to Cut Headcount for First Time, Slash Budgets Across Teams Marjorie Taylor Greene\x92s Husband Files for Divorce After 27 Years Putin Says Annexation Is Forever, Defends Ukraine Land Grab Next year\x92s budget will focus on promoting economic growth, public safety and social security, Boric said in a televised speech. He said that the increase will not fuel consumer prices but didn\x92t specify a target for next year\x92s fiscal deficit. Boric is rolling out his first budget proposal after coming to office in March as annual inflation runs at a three-decade high and his support slumps. The former student protest leader won last year\x92s election on pledges to bolster the government\x92s role in providing basic services and attack inequality. At the same time, he has vowed to keep debt levels in check and assure that spending measures are sustainable. This year\x92s budget, presented by the prior Administration of Sebastian Pinera, reduced spending by 24% this year as extraordinary stimulus measures to counter the pandemic were phased out. Read more: Leftist Leader Bucks Emerging-Market Trend by Balancing Budget \x93The budget that we will present tomorrow will have a countercyclical effect,\x94 Boric said. \x93In a context of lower tax revenues due to the adjustment of the economy, we will increase spending, ensuring the continuity of good public policies and mobilizing a significant amount of resources for economic recovery.\x94 The budget proposal has a maximum of 60 days to be debated and voted by both houses of Chile\x92s congress after it\x92s formally submitted to the legislature. The central bank expects the economy to contract between 0.5% and 1.5% next year as domestic demand and total investments drop. The bank also expects annual to slow to 3.3% by December 2023 from 12% at the end of 2022. Economists surveyed by Bloomberg see inflation of 6.8% for the end of next year. Story continues Other key points of the budget, according to a document from the Finance Ministry: Spending in public investment to grow 5.5% year-on-year The budget will allocate 1.6 trillion pesos ($1.7 billion) to infrastructure programs Spending in public safety to grow 4.4% year-on-year Government to allocate 38 billion pesos to fighting organized crime and increase police budget by 25 billion pesos Social security spending to grow 8% year-on-year with a goal of providing universal guaranteed pensions to almost 2.3 million people Most Read from Bloomberg Businessweek The Unstoppable Dollar Is Wreaking Havoc Everywhere But America Jay Powell Needs Investors to Lose Money Twitter Is in This Mess Because Jack Dorsey Was Too Busy Being a Bitcoin Influencer Would You Invest $10,000 in a Friend\x92s Startup? Are You Friends If You Don\x92t? The World Sees Brazil\x92s Election as a Climate Flashpoint. Brazilians Have Other Concerns ©2022 Bloomberg L.P.', '(Bloomberg) -- Chile plans to raise fiscal spending by 4.2% next year, President Gabriel Boric said on Thursday, as the administration faces pressure to improve social services without stoking above-target inflation. Most Read from Bloomberg MacKenzie Scott Files for Divorce From Science Teacher Husband Top Apple Executive Is Leaving After Making Crude Remarks in TikTok Video Meta to Cut Headcount for First Time, Slash Budgets Across Teams Marjorie Taylor Greene\x92s Husband Files for Divorce After 27 Years Putin Says Annexation Is Forever, Defends Ukraine Land Grab Next year\x92s budget will focus on promoting economic growth, public safety and social security, Boric said in a televised speech. He said that the increase will not fuel consumer prices but didn\x92t specify a target for next year\x92s fiscal deficit. Boric is rolling out his first budget proposal after coming to office in March as annual inflation runs at a three-decade high and his support slumps. The former student protest leader won last year\x92s election on pledges to bolster the government\x92s role in providing basic services and attack inequality. At the same time, he has vowed to keep debt levels in check and assure that spending measures are sustainable. This year\x92s budget, presented by the prior Administration of Sebastian Pinera, reduced spending by 24% this year as extraordinary stimulus measures to counter the pandemic were phased out. Read more: Leftist Leader Bucks Emerging-Market Trend by Balancing Budget \x93The budget that we will present tomorrow will have a countercyclical effect,\x94 Boric said. \x93In a context of lower tax revenues due to the adjustment of the economy, we will increase spending, ensuring the continuity of good public policies and mobilizing a significant amount of resources for economic recovery.\x94 The budget proposal has a maximum of 60 days to be debated and voted by both houses of Chile\x92s congress after it\x92s formally submitted to the legislature. The central bank expects the economy to contract between 0.5% and 1.5% next year as domestic demand and total investments drop. The bank also expects annual to slow to 3.3% by December 2023 from 12% at the end of 2022. Economists surveyed by Bloomberg see inflation of 6.8% for the end of next year. Story continues Other key points of the budget, according to a document from the Finance Ministry: Spending in public investment to grow 5.5% year-on-year The budget will **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-09-30 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $369,785,539,562 - Hash Rate: 263461080.61598453 - Transaction Count: 286672.0 - Unique Addresses: 717755.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.21 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The crypto space has been on awild and difficult rideover the summer and headlines haven’t been kind, reflecting the downturn. There have been collapses, layoffs, assets frozen and steep declines. The Future of Finances:Gen Z & How They Relate to MoneyLooking To Diversify in a Bear Market?Consider These 6 Alternative Investments Amid the doom and gloom and some investors having turned their backs on the space, bulls will remain bulls: MicroStrategy’s Michael Saylor tweeted, “You can worry or you can #bitcoin.” There is also some uplifting news, notably with the excitement surrounding the upcoming Ethereum Merge, slated for September. Let’s take a look at some of the biggest stories of the season. Stablecoin TerraUSD (UST) crashed in May, prompting regulators to renew calls for crypto legislation. Stablecoins are cryptocurrencies whose aims are to remain stable and have low volatility. They can be pegged to a currency or a commodity such as gold. Take Our Poll:Do You Think Student Loan Debt Should Be Forgiven? Terra, a so-called algorithmic stablecoin, was pegged to the dollar and could be used in conjunction with LUNA, Terra’s non-stablecoin crypto, or as a standalone token, according to CoinMarketCap. “Stablecoins are only valuable to users if they maintain their price peg,” according to Terra’s website. “The Terra protocol uses the basic market forces of supply and demand to maintain the price of Terra.” The collapse of Terra and the loss of more than $50 billion in values of the Luna and UST coins over a three-day period created a domino effect and immediate issues for many market participants, leading to the eventual “cryptopocalypse,” and “many of these market participants had to halt operations, limit withdrawals or take emergency bailout loans to survive,” according to Celsius’ bankruptcy filing. Yaoqi Jia, founder and CEO of AltLayer, an execution layer for blockchain applications that is building a pay-as-you-go network for emerging Web3 projects, told GOBankingRates, “People need to remember that we are in the early phases of building out this decentralized technology, and the industry could probably do a better job at highlighting the potential risks involved in these emergent networks. “That said, an algorithmic stablecoin is one of the most complicated technological feats to pull off, and a lot of crypto observers were warning early on about the risks with Terra and its algorithmic system. In the future, we should heed these voices of caution more.” This summer also saw the collapse of several crypto platforms, which has left investors frustrated and regulators anxious to regulate. Crypto lending platforms Voyager Digital and Celsius promised eye-popping yields to their customers — that is, until they both filed for bankruptcy in early July due to their exposure to the now infamous Three Arrows Capital, which itself went bankrupt after the implosion of Terra LUNA and its TerraUSD (UST) stablecoin. In its bankruptcy filing, Voyager said it provides loans, “typically in the form of a specific type of cryptocurrency, to counterparties in the cryptocurrency sector to facilitate liquidity or trade settlement — and interest earned from the company’s loans is passed along to customers, who earn a yield on their stored cryptocurrency.” Celsius, which had a similar model, said in its bankruptcy filing that “these Chapter 11 cases will provide a breathing spell for the debtors to negotiate and implement a plan that will maximize the value of its business and generate meaningful recoveries to our stakeholders as quickly as possible.” According to the court filing, Celsius has a $1.2 billion deficit on its balance sheet and owes users $4.7 billion. The company says it has $167 million in cash on hand, “which will provide ample liquidity to support certain operations during the restructuring process.” Jia noted that many of these bankruptcies and insolvencies affected centralized lending platforms. “That’s not to say this kind of issue didn’t impact DeFi protocols — it certainly did, to some extent — but there’s a common theme among the affected centralized lenders,” Jia added. “That theme is that they are — or, in this case, were — far more opaque than the DeFi lenders in terms of their operations and risk-taking. “If anything, these incidents should be a rallying call for our industry to promote the transparency and auditability of decentralized lending platforms. The latter is a key benefit provided by our industry, and we should work to continue building out DeFi for mainstream adoption.” It also has been the summer of layoffs in the crypto space. In June, Coinbase announced it was laying off 18% of its staff “to ensure we stay healthy during this economic downturn,” as it appears “we are entering in a recession” and the company “grew too quickly.” In a memo to employees posted on its website, CEO Brian Armstrong said, “The buck stops with me.” He explained that economic conditions are changing rapidly and that “we appear to be entering a recession after a 10-year economic boom.” Also in June, Gemini, run by twins Cameron and Tyler Winklevoss, announced it would slash the company’s workforce by 10%. In August, Robinhood announced it was laying off 23% of its staff, following the 9% it laid off in April. In a blog post, CEO Vlad Tenev said the newest round was due to the “additional deterioration of the macro environment, with inflation at 40-year highs accompanied by a broad crypto market crash, which has further reduced customer trading activity and assets under custody.” Patrick Chiu, founder and CEO of global digital asset financial services group Mamoru, told GOBankingRates, “The crypto industry is no stranger to bear markets, like we seem to be experiencing right now.” Chiu added that his company is growing and taking advantage of this slow period in the market to “be positioned well for when the market does turn around.” It has been a brutal ride for Bitcoin in the past few months, even though mega bull Michael Saylor still believes “Bitcoin is a miracle happening right before our eyes,” according to an Aug. 31 tweet. On Aug. 31, Bitcoin was hovering around $20,225, down 70.5% from its all time-high of $69,044, reached on Nov. 10, 2021, according to CoinGecko. The asset dipped below $20,000 following Fed Chairman Jerome Powell’s annual policy speech. Simon Peters, eToro market analyst, said, “This downturn after (Powell’s speech) mirrored the equities market, with $1.25 trillion lost in U.S. markets following comments that interest rates hikes are here to stay. At one stage on Monday, BTC fell under $20,000 to trade at just over $19,500. But (it) has recovered since.” But bulls will remain bulls and, despite the extreme volatility Bitcoin has experienced many times in its short history, Bruce Fenton said he’s “bullish on Bitcoin and its certainty and dependability in an uncertain world.” Fenton, founder and CEO of Chainstone Labs and co-founder of Bitcoin Association, added: “Bitcoin has a fixed supply in an economic environment with fiat money with an unlimited supply.” The sentiment was echoed by Jia, who added, “Look, Bitcoin is growing at an exponential rate. And with any exponential technology, the tradeoff is volatility. If you’re in this industry for the long haul, then volatility should not be feared. “That said, I think going forward we should be wary as an industry of making overly optimistic price predictions. It’s better to stay humble and focus on building and making Bitcoin and crypto easier to access for more and more people around the world.” The Merge, the much-anticipated Ethereum upgrade, is set to take place in September, in what many experts call “one of the most significant moments in the history of crypto.” Simply put, The Merge is the end of proof-of-work for Ethereum and the full transition to proof-of-stake, according to the Ethereum Foundation. “The Merge represents the joining of the existing execution layer of Ethereum (the Mainnet we use today) with its new proof-of-stake consensus layer, the Beacon Chain,” the Ethereum Foundation stated. “It eliminates the need for energy-intensive mining and instead secures the network using staked ETH.” “It’s the most exciting narrative in crypto right now,” Mamoru’s Chiu said, “and I am looking forward to the upgraded Ethereum. “I think it will help facilitate the growth of Web3 as a stepping stone to reaching full scalability. I think that The Merge will set the foundations for eventually making Ethereum far faster, cheaper and energy efficient.” After an explosive growth, the NFT space has been slowing down over the summer. “NFT volumes and floor prices have dropped off the face of the Earth in 2022,” said Amanda Tan, marketing director at Alpha Impact. “The only area that saw any growth is the number of NFT mints on Solana, the beleaguered blockchain that aims to compete with Ethereum. “Despite this,” she said, “total NFT sales as well as the weekly trading volume for NFTs stands down, with trading volume last week hovering around $35 million. This is a stark contrast to the more than $1 billion transacted in the first week of January 2022. Our traders are watching to see if the halving in 2024 will drive further NFT volumes as we head into 2023.” More From GOBankingRates • Surprising Things You Can Buy With Food Stamps • Best Cities To Retire on a Budget of $1,500 a Month • Looking To Diversify in a Bear Market? Consider These Alternative Investments • 16 Effective Tips and Tricks To Help You Save Money This article originally appeared onGOBankingRates.com:A Recap of the Biggest Crypto Stories of the Summer... - 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) -- Senior Biden administration officials pressed executives from some of the largest US gasoline producers to curtail overseas sales during a tense meeting Friday afternoon, suggesting that without voluntary action, the government could force the industry to stockpile more fuel in US tanks. Most Read from Bloomberg Credit Suisse Turmoil Deepens With Record Stock, CDS Levels Tesla Deliveries Miss Estimates, Slowed by Logistic Snarls OPEC+ to Consider Output Cut of More Than 1 Million Barrels Ukraine Latest: Zelenskiy Says Lyman ‘Fully Cleared’ of Russians Get Ready for Another Bear-Market Rally, Strategist Emanuel Says Energy Secretary Jennifer Granholm and other administration officials chastised the industry representatives for low diesel stockpiles, floating the possibility of export limits and a requirement for oil companies to hold minimum fuel inventories inside the US, according to people familiar with the matter who asked not be named describing the private virtual meeting. It was the latest in a series of meetings between the Biden administration and oil companies this year, as the White House seeks to tamp down energy costs that are contributing to high inflation. An earlier session in June was marked by a more robust back-and-forth conversation about the market and hurricane preparedness, the people said. Read More: Oil CEOs Get Olive Branch From Granholm in Gas-Price Huddle In addition to Granholm, the session included representatives from Exxon Mobil Corp., Marathon Petroleum Corp., Phillips 66 and Shell Plc, as well as National Economic Council director Brian Deese and Amos Hochstein, a senior energy adviser at the State Department, according to a person familiar with the matter. Although the session was billed as a discussion of refining operations and fuel supplies in the wake of Hurricanes Fiona and Ian, the storms were not a focus, the people said. Instead, discussion centered on lower-than-normal inventories of fuel, with diesel stocks 20% below their five-year average. Story continues “The president’s team emphasized that energy companies with record-high profits, record high exports and record-low inventories must step up and bring down prices at the pump,” the Energy Department said in an emailed statement. Administration officials stressed their concerns with increased petroleum product exports and complained companies were collecting high profits while failing to address low fuel inventories, the people said. At least one administration official also raised the prospect of a minimum inventory requirement, under which refiners or other participants in the US fuel supply chain could be forced to store more gasoline, diesel and other petroleum products domestically. Particulars of such an inventory requirement were not discussed, including how it might be implemented, what companies would bear the compliance burden and what quantity of supply might be sufficient. The exchange comes amid increasing worries about the relatively low fuel stocks -- including diesel -- in the Northeast US, which is reliant on imports to meet demand. The closing of refineries on the East Coast, in Canada and in the Caribbean has exacerbated the region’s reliance on supplies from Europe. Analysts say gasoline, diesel and other refined products from the Gulf Coast can’t entirely fill the gap, given constraints on pipeline capacity and available US-flagged vessels permitted to deliver the fuel among domestic ports. Read More: New York Fuel Supply Is So Low It Triggered White House Warning Oil industry trade groups said the administration’s approach was misguided. “The focus of this administration should not be on trapping product in the United States or diverting fuel away from retail sales and into storage, but rather on how to better produce and more affordably move US product within the United States,” the American Fuel and Petrochemical Manufacturers and American Petroleum Institute said in a joint statement. President Joe Biden twice warned this week against oil companies raising gasoline prices following the hurricanes. While gasoline prices are down by more than a dollar a gallon on average across the US since peaking in June, they remain relatively high. The average price of regular unleaded has risen for 10 straight days and was at $3.797 a gallon as of Thursday, according to data from AAA. The White House has taken a series of steps this year to lower fuel prices, including an unprecedented release of crude from the US emergency stockpile. Last month, the administration warned refiners it might take “emergency measures” to address fuel exports amid low inventories. Read: Drop in Gasoline Prices Blunts GOP Weapon Ahead of Midterms Shortly before the meeting Friday, Granholm said in a statement that energy companies are making record profits and that refiners and retailers were passing costs on to consumers. “This is a time for American energy companies to take action to lower prices for consumers and to rebuild inventories of gasoline and diesel in this country that are below the five-year range,” she said. Most Read from Bloomberg Businessweek The Unstoppable Dollar Is Wreaking Havoc Everywhere But America The World Sees Brazil’s Election as a Climate Flashpoint. Brazilians Have Other Concerns As Home Prices Surge, Americans Are Moving to Cheaper Places Jay Powell Needs Investors to Lose Money Twitter Is in This Mess Because Jack Dorsey Was Too Busy Being a Bitcoin Influencer ©2022 Bloomberg L.P.', '(Bloomberg) -- Senior Biden administration officials pressed executives from some of the largest US gasoline producers to curtail overseas sales during a tense meeting Friday afternoon, suggesting that without voluntary action, the government could force the industry to stockpile more fuel in US tanks. Most Read from Bloomberg Credit Suisse Turmoil Deepens With Record Stock, CDS Levels Tesla Deliveries Miss Estimates, Slowed by Logistic Snarls OPEC+ to Consider Output Cut of More Than 1 Million Barrels Ukraine Latest: Zelenskiy Says Lyman ‘Fully Cleared’ of Russians Get Ready for Another Bear-Market Rally, Strategist Emanuel Says Energy Secretary Jennifer Granholm and other administration officials chastised the industry representatives for low diesel stockpiles, floating the possibility of export limits and a requirement for oil companies to hold minimum fuel inventories inside the US, according to people familiar with the matter who asked not be named describing the private virtual meeting. It was the latest in a series of meetings between the Biden administration and oil companies this year, as the White House seeks to tamp down energy costs that are contributing to high inflation. An earlier session in June was marked by a more robust back-and-forth conversation about the market and hurricane preparedness, the people said. Read More: Oil CEOs Get Olive Branch From Granholm in Gas-Price Huddle In addition to Granholm, the session included representatives from Exxon Mobil Corp., Marathon Petroleum Corp., Phillips 66 and Shell Plc, as well as National Economic Council director Brian Deese and Amos Hochstein, a senior energy adviser at the State Department, according to a person familiar with the matter. Although the session was billed as a discussion of refining operations and fuel supplies in the wake of Hurricanes Fiona and Ian, the storms were not a focus, the people said. Instead, discussion centered on lower-than-normal inventories of fuel, with diesel stocks 20% below their five-year average. Story continues “The president’s team emphasized that energy companies with record-high profits, record high exports and record-low inventories must step up and bring down prices at the pump,” the Energy Department said in an emailed statement. Administration officials stressed their concerns with increased petroleum product exports and complained companies were collecting high profits while failing to address low fuel inventories, the people said. At least one administration official also raised the prospect of a minimum inventory requirement, under which refiners or other participants in the US fuel supply chain could be forced to store more gasoline, diesel and other petroleum products domestically. Particulars of such an inventory requirement were not discussed, including how it might be implemented, what companies would bear the compliance burden and what quantity of supply might be sufficient. The exchange comes amid increasing worries about the relatively low fuel stocks -- including diesel -- in the Northeast US, which is reliant on imports to meet demand. The closing of refineries on the East Coast, in Canada and in the Caribbean has exacerbated the region’s reliance on supplies from Europe. Analysts say gasoline, diesel and other refined products from the Gulf Coast can’t entirely fill the gap, given constraints on pipeline capacity and available US-flagged vessels permitted to deliver the fuel among domestic ports. Read More: New York Fuel Supply Is So Low It Triggered White House Warning Oil industry trade groups said the administration’s approach was misguided. “The focus of this administration should not be on trapping product in the United States or diverting fuel away from retail sales and into storage, but rather on how to better produce and more affordably move US product within the United States,” the American Fuel and Petrochemical Manufacturers and American Petroleum Institute said in a joint statement. President Joe Biden twice warned this week against oil companies raising gasoline prices following the hurricanes. While gasoline prices are down by more than a dollar a gallon on average across the US since peaking in June, they remain relatively high. The average price of regular unleaded has risen for 10 straight days and was at $3.797 a gallon as of Thursday, according to data from AAA. The White House has taken a series of steps this year to lower fuel prices, including an unp **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-10-01 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $370,107,142,988 - Hash Rate: 282168376.2810249 - Transaction Count: 241993.0 - Unique Addresses: 627906.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.20 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: A 39-year-old man was arrested last week in the Netherlands on suspicion of laundering funds stolen using malicious software that purported to be linked to crypto wallet service Electrum. The unidentified man was held in Veenendaal, about 35 miles southeast of Amsterdam, and was released on Sept. 8. He remains a suspect and his crypto has been seized, Dutch cyber police said in a Tuesday statement. “Cryptocurrency, like ordinary money, is vulnerable to all kinds of crime,” the police said. “The anonymous and cross-border nature of cryptocurrency affords opportunities for criminals.” According to the police, the suspect had laundered tens of millions of euros (tens of millions of U.S. dollars) and had sought to cover his tracks using privacy coin monero (XMR) and decentralized exchange Bisq. He was identified through bitcoin (BTC) transactions. In a bid to curb money laundering, the European Union recently passed new measures to make itharder to stay anonymouswhen using crypto. Jurisdictions such as theU.K.andFranceare also seeking to make it easier for police to seize crypto assets during investigations. Read more:Someone Just Lost $16M in Bitcoin by Using a Malicious Install of the Electrum Wallet... - Reddit Posts (Sample): [['u/Pale_Wrongdoer5155', 'Are you all in on btc or is it only a portion of your savings/investment portfolio?', 11, '2022-10-01 01:05', 'https://www.reddit.com/r/Bitcoin/comments/xsfeoi/are_you_all_in_on_btc_or_is_it_only_a_portion_of/', 'The general consensus on crypto seems to be to give yourself minimal exposure due to the risk, but this sub is extremely committed to bitcoin. Which made me curious in asking this…\n\nAre you completely all in on btc?', 'https://www.reddit.com/r/Bitcoin/comments/xsfeoi/are_you_all_in_on_btc_or_is_it_only_a_portion_of/', 'xsfeoi', [['u/escape1979uk', 15, '2022-10-01 01:56', 'https://www.reddit.com/r/Bitcoin/comments/xsfeoi/are_you_all_in_on_btc_or_is_it_only_a_portion_of/iqkd9s1/', 'Floating capital (I.e, not property) is about 80% in BTC \nThat proportion grows every month as BTC is my primary investment vehicle when I get paid in dirty fiat :)', 'xsfeoi'], ['u/escape1979uk', 10, '2022-10-01 02:11', 'https://www.reddit.com/r/Bitcoin/comments/xsfeoi/are_you_all_in_on_btc_or_is_it_only_a_portion_of/iqkf2v1/', "Yes, 80% BTC, like 3% in some shitcoins I bought before I knew better and they are too expensive to move off my wallet, then I have some stock purchases which are matched double by my company (don't worry.. it's a BIG organisation that isn't going anywhere) \n\n\nI also have some company options that are zero risk as they are settled by my determination - Either I get 100% of my money back, cash settled tax free on the sale of realised return or I can opt to take the excess in physically settled shares. \n\n\nMy plan is to increase my BTC purchases to a higher proportion because I'm firmly of the opinion that you buy it to prevent economic shock, not as a means to repair it. \nOnce you NEED BTC it's too late to buy it.", 'xsfeoi']]], ['u/rldkyce', 'PR month +$32,358. $136k on the year. Crazy how fast life can change I made just $1,325 in January of this year. For any struggling traders out there keep studying hard and showing up everyday because once you find your edge trading can go from a side hobby to changing your life completely.', 845, '2022-10-01 03:03', 'https://www.reddit.com/r/Daytrading/comments/xshxk9/pr_month_32358_136k_on_the_year_crazy_how_fast/', 'Since my last post in August I have received tons of questions in my private messages and on twitter, so I figured I would share all the details of my trading in one place. Hopefully by sharing my process and strategy I can speed up the learning curve of other traders and maybe inspire some new people by showing what is possible if you work hard at trading.\n\n**Stats**\n\n* Started 01/01/2022 with $30k account\n* 161 green days\n* 34 red days\n* 59.3% win rate\n* 2.27 profit factor\n\n[Monthly performance](https://preview.redd.it/p0kv9o0ze3r91.png?width=622&format=png&auto=webp&s=c2689d16d2411045ac3901342036f41bb0d8f64a)\n\n​\n\n[Months in calendar form](https://preview.redd.it/us31a8hlf3r91.png?width=981&format=png&auto=webp&s=e22ee02f688685e9bcffe283d8b05748d0063669)\n\n​\n\n[past 90 days](https://preview.redd.it/5j4z69x5f3r91.png?width=1069&format=png&auto=webp&s=7c4bcaf28fa7fe478cf37f4d44ed88a620e80e7d)\n\n​\n\n[2022 stats](https://preview.redd.it/unuw3kpaf3r91.png?width=953&format=png&auto=webp&s=3ea29c60e3f421a1e264f4446e3e6f7409cf0393)\n\n​\n\n**Platform + Market**\n\nI am a LONG only day trader of US markets, and I trade SHARES through TD Ameritrade\'s ThinkorSwim partnered with DasTrader. I use ThinkorSwim for charts and DasTrader for tape/lvl2 as well as buy/sell through Das.\n\n**Scanner**\n\nI used ThinkorSwim scanner to get started and upgraded to TradeIdeas when I could afford it. I have found there to be not much benefit of TradeIdeas over ThinkorSwim scanner, for me personally.\n\nThinkorSwim scanner is free to use and TradeIdeas is about 1.5k/yr so building your own on ThinkorSwim is best for beginners. (what I did)\n\n**Stock Selection**\n\nI trade ONLY low float small cap gappers that are GREEN on the day.\n\n* Usually less than 15m float\n* Less than 500m market cap,\n* Up 10% + on day.\n* 250k + volume on day.\n\nEvery stock I trade is close to or within those parameters because I am trying to find the most volatile, easy to rig, rangy names. Sometimes I will adjust the parameters to expand/narrow the scan.\n\n**Trading** **Style**\n\nI do not trade pre market and will wait the first 10-15minutes every day for the clear LIQUIDITY leaders to establish themselves. For example, today I focused on INM, ATXI, AIMD, SOBR, ATXD.\n\nOnce the names I will be focusing on that day are becoming clear, I will check the daily chart, hourly, and 5min to mark any key levels that I should watch for tape/lvl2 interaction with.\n\nI would consider myself to be a micro-scalper of the tape and level2 based on key levels.\n\n* Discretionary systematic\n* Reading price action\n* Higher lows, vwap reclaims, breakouts, offer traps, other discretionary dip buys\n* Vwap and 100 ema only\n\nI do not ever look at SPY, VIX, BTC or any of the large indexes, it is irrelevant to my trading.\n\nAn example trade would be a stock rips 30% out of the open, then falls back to a key level I have marked (sometimes vwap). If the stock bounces at my key level I will wait for a higher low dip and if tape + volume confirms I will buy with them and join the new trend.\n\n**Level2, Tape.**\n\nMy edge comes 75% from reading tape + lvl2 and 25% from chart setup. The chart setup tells me when to watch the tape + lvl2 closely, and I can identify my entry based on the tape at a certain level.\n\nI learned to read tape from watching MadazMoney on YouTube but once you know the basic premise of what to watch for it is all about screen time and experience to develop your own intuition and feel for the tape.\n\n**Fundamentals**\n\nI do not check news, read filings, track institutional ownership, look at earnings, or consume a single piece of information about the company I am trading. I trade the raw price action and chart exclusively.\n\n**Risk**\n\nMy risk management is extremely tight and a bit unique. My entries are based off of buying when I see other buyers on the tape that have "protected/soaked" a level. If I take an entry on a dip candle then my risk will be the low of that same candle or a very small risk below that because I am entering after buyers have made their presence clear on the tape. If buyers are not willing to protect a level they were aggressive at just moments ago, why should I stick around?\n\nThis means my losses are extremely small in size because my risk is often 5-10 cents below my entry. That concept is reflected in my profit factor which is on average around 2.5 and for this month was 4.47.\n\nThat is the best way I can describe my risk management because my trading is so heavily discretion based.\n\n**Study System**\n\nTo learn my foundation for small caps I spent lots of time reading and reviewing TradetheMatrix\'s blog posts on small cap stocks and to learn how to read tape and lvl2 studied MadazMoney\'s YouTube videos.\n\nThose 2 resources built 90% of my foundation and the rest was screen time and experience. My study system is very basic I made an empty discord server where I screenshot and annotate my prints and the charts of the top runners everyday.\n\nI did not miss a day of studying for 6 months straight. (1-2 hours a night)\n\nThe key is maximizing the number of hours spent studying, practicing, and ultimately trading. How long it takes to gather enough hours practicing to become profitable is up to the individual. Only through 100\'s of repetitions and thousands of hours can you train your brain to see the trades in real time.\n\n**End**\n\nI hope this post helped those starting out or in the process of becoming a profitable trader. Feel free to ask any questions and I will do my best to answer timely. I also post educational threads, daily PNL, prints, and respond to all dm\'s on my twitter [https://twitter.com/kycefn](https://twitter.com/kycefn).\n\nEdit: I originally had a few links attached to make it easier to go to the materials I used to study, but people thought I was advertising for those sites/people so I took them out because that is not the point of the post. I made this purely to share my process and help fellow traders out.', 'https://www.reddit.com/r/Daytrading/comments/xshxk9/pr_month_32358_136k_on_the_year_crazy_how_fast/', 'xshxk9', [['u/wesmt', 13, '2022-10-01 04:01', 'https://www.reddit.com/r/Daytrading/comments/xshxk9/pr_month_32358_136k_on_the_year_crazy_how_fast/iqks30b/', "This is an advertisement. Don't fall for it.", 'xshxk9'], ['u/PleasantOldLady', 28, '2022-10-01 04:33', 'https://www.reddit.com/r/Daytrading/comments/xshxk9/pr_month_32358_136k_on_the_year_crazy_how_fast/iqkvozk/', 'I see your fundamentals as pure. As a behavioral scientist and professor, I taught and used the empirical research on human behavior and data accuracy. You accumulate the best data directly from behaviors. \n\nWhat people say (corporate guidance) “wish and hope” —but despite best intentions, behavior may not always follow the words. \n\nAnd the geopolitical landscape is interesting, gives a context to the price action, but it’s not the price action behavior. Traders’ uncertainty can cause price anomalies, like sinkholes appearing under the landscape. \n\nSo If I step away from analyzing all the words, financials, geopolitics, and instead just focus on just pure price behavior, it is a truer reading of the herd, the traders who are right there at that moment making decisions that create the price-action behavior \n\nAs a trader my goal is to realize gain by running with the herd in a price direction, that seems to be what you tune into and focus upon. \n\nI like how you refer to watching the decisions being made. \n\nThanks again.', 'xshxk9'], ['u/TraderJoe81o', 25, '2022-10-01 04:35', 'https://www.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:** ['(Bloomberg) -- Brazilian stocks have outperformed global peers this year, and some investors say more gains are likely in store as neither of the two candidates vying for the presidency in the first round of voting Sunday is expected to jeopardize the country’s fiscal accounts in the short term. Most Read from Bloomberg Gazprom Halts Gas Supplies to Italy in Latest Energy Battle Get Ready for Another Bear-Market Rally, Strategist Emanuel Says Indonesia Soccer Stampede Kills 131 as Use of Tear Gas Queried Credit Suisse CEO Seeks to Calm as Default Swaps Near 2009 Level OPEC+ Will Consider Output Cut of More Than 1 Million Barrels But the consensus on the outlook for Latin America’s largest equities market tends to stop there as the two leading candidates -- former President Luiz Inacio Lula da Silva from the Workers’ Party and incumbent President Jair Bolsonaro -- have different views on several issues, ranging from the privatization of state-controlled companies to the focus on a transition to more sustainable energy sources. While Lula has been more vocal about using state-run companies to help boost the economy, Bolsonaro intends to keep pushing forward with a privatization program he started during his first term and possibly include oil giant Petroleo Brasileiro SA. Polls published before ballots opened on Sunday mostly gave Lula a lead, with some pollsters signaling he could receive enough votes to support an outright win in the first round. A runoff is slated for Oct. 30 if needed. A representative for the Lula campaign declined to comment. A representative for the Bolsonaro campaign didn’t respond to a written request seeking comment. Bolsonaro or Lula: Brazilians Decide Who Deserves Another Chance Brazil’s Ibovespa Index is up 7.9% in dollar terms this year compared with a 25% drop in the US S&P 500 Index. Valuations still look historically attractive, investors said. “Brazil is cheap” said Greg Lesko, a portfolio manager at Deltec Asset Management in New York. Story continues Here’s what to watch for ahead of the vote: Homebuilders Efforts to shore up Brazil’s low-income housing segment “should continue regardless of political outcomes,” Citigroup Inc. analysts including Andre Mazini wrote in a note earlier this month. That means builders with a focus on low income housing, such as MRV Engenharia e Participacoes SA and Direcional Engenharia SA, could see renewed interest. Another boost to the sector could come from an expected end to Brazil’s tightening cycle. Brazil’s central bank left its benchmark Selic rate unchanged at its September meeting after a 1,175 basis-point jumbo hike. State-run companies While Lula has signaled that Petrobras could embark on a fresh cycle of investments in lower-return assets such as refineries, Bolsonaro said in August that his economic team had the green light to propose and plan a potential sale. The government controls Petrobras with a 50% stake in common shares of the $76 billion company. “I don’t think Petrobras is worth zero under a Lula government, and investors are aware his comeback is unlikely to represent a return for those Dilma years,” said Leonardo Rufino, a portfolio manager at Mantaro Capital in Rio de Janeiro. “But a higher level of political interference is expected.” Consumer Discretionary Veteran emerging-market investor Mark Mobius said “probably there’ll be a step-up in consumer spending” under Lula. The former President signaled that in addition to maintaining the current social program that pays 600 reais ($111) in cash handouts to low-income Brazilian families he would boost the amount by 150 reais per child under age six. Earlier this month, Bolsonaro too indicated that he intended to increase outlays made through his flagship Auxilio Brasil program by 200 reais to 800 reais a month to those who get a job while receiving the handouts. Watch out to mall operators such as BR Malls Participacoes SA. Discount retailers and some companies that cater to low-income consumers, including Magazine Luiza SA, MercadoLibre Inc., Lojas Renner SA, could potentially benefit from higher consumer expenditures as a result of the stimulus programs, according to JPMorgan Chase & Co. equity strategist Emy Shayo. Education Shares of for-profit education companies such as Anima Holding SA and Cogna Educacao have rebounded recently as Lula said he’ll boost the government’s education program, known as Fies, by granting fresh loans to students. Banco BTG Pactual SA analysts warned investors on betting against education companies. Commodity exporters If traders sense a more interventionist macro policy under Lula that raises the pressure on the Brazilian real, they might pile into the world’s second-largest iron-ore producer, Vale SA, and pulp maker Suzano SA, which get a considerable part of their revenue in US dollars. ESG Lula has signaled the transition to green energy should be a key pillar of his economic program. This might lure some investors who got spooked by Bolsonaro’s fiery rhetoric on topics ranging from the Amazon rain forest to the Covid-19 pandemic. That means companies such as waste management firm Ambipar Participacoes e Empreendimentos SA could perform well, and more broadly, that large-cap stocks might benefit from increased inflows. “A Lula administration is perceived to be comparatively more committed to an ESG agenda, which could eventually pay foreign policy dividends,” Goldman Sachs Group Inc. economist Alberto Ramos wrote in a note. Most Read from Bloomberg Businessweek The Unstoppable Dollar Is Wreaking Havoc Everywhere But America Jay Powell Needs Investors to Lose Money The World Sees Brazil’s Election as a Climate Flashpoint. Brazilians Have Other Concerns Twitter Is in This Mess Because Jack Dorsey Was Too Busy Being a Bitcoin Influencer Cash Retakes Its Crown as the Fed Wrestles With Inflation ©2022 Bloomberg L.P.', '(Bloomberg) -- Brazilian stocks have outperformed global peers this year, and some investors say more gains are likely in store as neither of the two candidates vying for the presidency in the first round of voting Sunday is expected to jeopardize the country’s fiscal accounts in the short term. Most Read from Bloomberg Gazprom Halts Gas Supplies to Italy in Latest Energy Battle Get Ready for Another Bear-Market Rally, Strategist Emanuel Says Indonesia Soccer Stampede Kills 131 as Use of Tear Gas Queried Credit Suisse CEO Seeks to Calm as Default Swaps Near 2009 Level OPEC+ Will Consider Output Cut of More Than 1 Million Barrels But the consensus on the outlook for Latin America’s largest equities market tends to stop there as the two leading candidates -- former President Luiz Inacio Lula da Silva from the Workers’ Party and incumbent President Jair Bolsonaro -- have different views on several issues, ranging from the privatization of state-controlled companies to the focus on a transition to more sustainable energy sources. While Lula has been more vocal about using state-run companies to help boost the economy, Bolsonaro intends to keep pushing forward with a privatization program he started during his first term and possibly include oil giant Petroleo Brasileiro SA. Polls published before ballots opened on Sunday mostly gave Lula a lead, with some pollsters signaling he could receive enough votes to support an outright win in the first round. A runoff is slated for Oct. 30 if needed. A representative for the Lula campaign declined to comment. A representative for the Bolsonaro campaign didn’t respond to a written request seeking comment. Bolsonaro or Lula: Brazilians Decide Who Deserves Another Chance Brazil’s Ibovespa Index is up 7.9% in dollar terms this year compared with a 25% drop in the US S&P 500 Index. Valuations still look historically attractive, investors said. “Brazil is cheap” said Greg Lesko, a portfolio manager at Deltec Asset Management in New York. Story continues Here’s what to watch for ahead of the vote: Homebuilders Efforts to shore up Brazil’s low-income housing segment “should continue regardless of political outcomes,” Citigroup Inc. analysts including Andre Mazini wrote in a note earlier this month. That means builders with a focus on low income housing, such as MRV Engenharia e Participacoes SA and Direcional Engenharia SA, could see renewed interest. Another boost to the sector could come from an expected end to Brazil’s tightening cycle. Brazil’s central bank left its benchmark Selic rate unchanged at its September meeting after a 1,175 basis-point jumbo hike. State-run companies While Lula has signaled that Petrobras could embark on a fresh cycle of investments in lower-return assets such as refineries, Bolsonaro said in August that his economic team had the green light to propose and plan a potential sale. The government controls Petrobras with a 50% stake in common shares of the $76 billion company. “I don’t think Petrobras is worth zero under a Lula government, and investors are aware his comeback is unlikely to represent a return for those Dilma years,” said Leonardo Rufino, a portfolio manager at Mantaro Capital in Rio de Janeiro. “But a higher level of political interference is expected.” Consumer Discretionary Veteran emerging-market investor Mark Mobius said “probably there’ll be a step-up in consumer spending” under Lula. The former President signaled that in addition to maintaining the current social program that pays 600 reais ($111) in cash handouts to low-income Brazilian families he would boost the amount by 150 reais per child under age six. Earlier this month, Bolsonaro too indicated that he intended to increase outlays made through his flagship Auxilio Brasil program by 200 reais to 800 reais a month to those who get a job while receiving the handouts. Watch out to mall operators such as BR Malls Participacoes SA. Discount retailers and some companies that cater to low-income consumers, including Magazine Luiza SA, MercadoLibre Inc., Lojas Renner SA, could potentially benef **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-10-02 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $368,104,875,688 - Hash Rate: 244753784.95094424 - Transaction Count: 213646.0 - Unique Addresses: 570649.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.24 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: ByJohn Jannarone British entrepreneurJoseph Ashford’scareer has propelled him across industries in countries around the world. Now, he’s focused on giving back to his seaside hometown of Bournemouth on the English Channel – with a punch. Mr. Ashford, who is Founder ofK4 Globaland itsTK4events business, spearheaded Bournemouth’s biggest-ever boxing event in late July. Thanks to his efforts along with promoterBoxxer, Comcast Corp.’s Sky Sports hosted and televised the “Battle on the Beach” between Chris Billam-Smith and Isaac Chamberlain in a in European and Commonwealth Cruiserweight title bout. Mr. Billam-Smith prevailed after a unanimous vote following 12 brutal rounds. “It was an absolute war of a fight,” Mr. Ashford toldExec Edgein a recent interview. “One had some hand damage and the other broke an eye socket.” (Sky Sports hosted the event but it was also available worldwide, including on Fite.tv which hosts high profile pay-per-view events in the U.S. including “Iron” Mike Tyson, often compared with Evander Holyfield as one of the best heavyweight boxers of the 1980s). “Boxing is big in London and up north and it’s been held in the same spots for years so it was difficult to get them to come to Bournemouth,” he said. “It’s one of my proudest achievements.” The “Battle on the Beach” brought Mr. Ashford plenty of attention. “All kinds of influential people were calling me on my mobile to compliment me on the event,” he said. Mr. Ashford, whose career began in construction, saw an opportunity in undervalued real estate and prospered as a dealmaker. “I began buying parcels of land without building permits,” he said. “I got the permits and was able to begin building.” Mr. Ashford is far from finished with bringing the action to Bournemouth, located on the edge of Dorset county in southern England. Next up is Tyson Fury, two-time. worldheavyweightchampion, who has held the WBC title since 2020. Mr. Fury, like Mr. Tyson, draws an enormous international audience of boxing fans. There’s more:Mr. Ashford has booked rapper The Game for December, when the Timbaland-era superstar will perform on Dorset’s shores. The Game, born in Compton, California, is known for restoring West Coast flavor to the American rap scene in the mid 2000s. His brother, rapperBig Fase 100, was aBloodsleader in Compton and The Game has spoken of a difficult upbringing in a poor neighborhood. Mr. Ashford, himself, spoke of challenging times as a child. “I had a tough upbringing with lots of death in the family,” he said. “I battled starvation as a child and left school at an early age.” “You can’t fix or correct anyone’s lives,” he said. “But it’s a fulfilling feeling when you can put a smile on thousands of peoples’ faces.” Mr. Ashford is married with three children who reside in Bournemouth. “She’s an absolutely incredible woman,” he said of his wife. Mr. Ashford’s portfolio spans media, real estate, classic cars, gyms, and more. “I’m an entrepreneur to the core,” he said. K4 Global is self-funded and doesn’t take external investors. He continues to pursue opportunities in real estate – his mainstay. But he also sees opportunity in cryptocurrency. “Blockchain is so forward thinking that it needs to be the weight of the world,” he said.  “Bitcoin is so big and well established I can’t imagine it going away.” He acknowledged the rising role of retail investors in public markets as a serious force. “Movements will be driven from forums and talks,” he said. “I think Covid changed the market itself.” Contact: executives-edge.com [email protected]... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin was back under US$19,000 in Monday morning trading in Asia, a level it has fluctuated around for most of the past two weeks, boxed in by global macroeconomic concerns that have also hit equity markets. Ether also fell. BNB was the only gainer among the top 10 cryptocurrencies by market capitalization. See related article: Markets: Bitcoin, Ether rise; XRP surges following court ruling vs. SEC; gains across top 10 crypto Fast facts Bitcoin fell 1.2% in the past 24 hours to trade at US$19,075 at 8:30 a.m. in Hong Kong, while Ether dropped 2.5% to US$1,281, according to data from CoinMarketCap . BNB was the only token in CoinMarketCap’s top ten to rise, edging up 0.9% to US$285. XRP was the biggest loser in that list, dropping 5% to trade at US$0.45. The token has had a run of price volatility in recent weeks amid developments in the U.S. Securities and Exchange Commission’s lawsuit with Ripple Labs Inc., whose payment network is powered by XRP. U.S. equities fell Friday. The Dow Jones Industrial Average lost 1.7% while the S&P 500 Index and the Nasdaq Composite Index both closed down 1.5%. For September, the S&P 500 dropped 9.4% and the Dow fell by 8.8% to record their biggest monthly losses since March 2020, and their worst performing September since 2002. The Nasdaq’s drop of 10.5% in the month is its worst September since 2008. Markets were spooked again on Friday by a personal consumption expenditures (PCE) report released the same day that showed U.S. inflation was running at 4.7% year-on-year in August, higher than expected and 0.2% more than the previous month. The PCE report excludes food and energy. U.S. inflation remains near 40-year highs despite the U.S. Federal Reserve raising interest rates in recent months. Fed Vice Chair Lael Brainard reiterated the central bank’s commitment to controlling inflation despite possible economic costs at an event in New York on Friday . “Inflation is very high in the United States and abroad, and the risk of additional inflationary shocks cannot be ruled out,” she said. See related article: Are stablecoins like Tether ready for regulatory scrutiny?', 'Bitcoin was back under US$19,000 in Monday morning trading in Asia, a level it has fluctuated around for most of the past two weeks, boxed in by global macroeconomic concerns that have also hit equity markets. Ether also fell. BNB was the only gainer among the top 10 cryptocurrencies by market capitalization.\nSee related article:Markets: Bitcoin, Ether rise; XRP surges following court ruling vs. SEC; gains across top 10 crypto\n• Bitcoin fell 1.2% in the past 24 hours to trade at US$19,075 at 8:30 a.m. in Hong Kong, while Ether dropped 2.5% to US$1,281, according todata from CoinMarketCap. BNB was the only token in CoinMarketCap’s top ten to rise, edging up 0.9% to US$285.\n• XRP was the biggest loser in that list, dropping 5% to trade at US$0.45. The token has had a run of price volatility in recent weeks amid developments in the U.S. Securities and Exchange Commission’s lawsuit with Ripple Labs Inc., whose payment network is powered by XRP.\n• U.S. equities fell Friday. The Dow Jones Industrial Average lost 1.7% while the S&P 500 Index and the Nasdaq Composite Index both closed down 1.5%.\n• For September, the S&P 500 dropped 9.4% and the Dow fell by 8.8% to record their biggest monthly losses since March 2020, and their worst performing September since 2002. The Nasdaq’s drop of 10.5% in the month is its worst September since 2008.\n• Markets were spooked again on Friday by apersonal consumption expenditures (PCE)report released the same day that showed U.S. inflation was running at 4.7% year-on-year in August, higher than expected and 0.2% more than the previous month. The PCE report excludes food and energy.\n• U.S. inflation remains near 40-year highs despite the U.S. Federal Reserve raising interest rates in recent months. Fed Vice Chair Lael Brainard reiterated the central bank’s commitment to controlling inflation despite possible economic costs at anevent in New York on Friday. “Inflation is very high in the United States and abroad, and the risk of additional inflationary shocks cannot be ruled out,” she said.See related article:Are stablecoins like Tether ready for regulatory scrutiny?', 'Bitcoin was back under US$19,000 in Monday morning trading in Asia, a level it has fluctuated around for most of the past two weeks, boxed in by global macroeconomic concerns that have also hit equity markets. Ether also fell. BNB was the only gainer among the top 10 cryptocurrencies by market capitalization.\nSee related article:Markets: Bitcoin, Ether rise; XRP surges following court ruling vs. SEC; gains across top 10 crypto\n• Bitcoin fell 1.2% in the past 24 hours to trade at US$19,075 at 8:30 a.m. in Hong Kong, while Ether dropped 2.5% to US$1,281, according todata from CoinMarketCap. BNB was the only token in CoinMarketCap’s top ten to rise, edging up 0.9% to US$285.\n• XRP was the biggest loser in that list, dropping 5% to trade at US$0.45. The token has had a run of price volatility in recent weeks amid developments in the U.S. Securities and Exchange Commission’s lawsuit with Ripple Labs Inc., whose payment network is powered by XRP.\n• U.S. equities fell Friday. The Dow Jones Industrial Average lost 1.7% while the S&P 500 Index and the Nasdaq Composite Index both closed down 1.5%.\n• For September, the S&P 500 dropped 9.4% and the Dow fell by 8.8% to record their biggest monthly losses since March 2020, and their worst performing September since 2002. The Nasdaq’s drop of 10.5% in the month is its worst September since 2008.\n• Markets were spooked again on Friday by apersonal consumption expenditures (PCE)report released the same day that showed U.S. inflation was running at 4.7% year-on-year in August, higher than expected and 0.2% more than the previous month. The PCE report excludes food and energy.\n• U.S. inflation remains near 40-year highs despite the U.S. Federal Reserve raising interest rates in recent months. Fed Vice Chair Lael Brainard reiterated the central bank’s commitment to controlling inflation despite possible economic costs at anevent in New York on Friday. “Inflation is very high in the United States and abroad, and the risk of additional inflationary shocks cannot be ruled out,” she said.See related article:Are stablecoins like Tether ready for regulatory scrutiny?', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin started what has historically been a strong month about where it ended a dismal September, holding over $19K.\nInsights:USDC\'s stablecoin-fueled model of money, in which the dollar functions as an open “protocol,” could allow innovation to flourish. But healthy competition is a prerequisite.\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.\n●Bitcoin (BTC): $19,219−0.5%\n●Ether (ETH): $1,290−1.5%\n●CoinDesk Market Index (CMI): $942−1.2%\n●S&P 500 daily close: 3,585.62−1.5%\n●Gold: $1,674 per troy ounce+0.7%\n●Ten-year Treasury yield daily close: 3.80%+0.06\nBitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX); Gold is the COMEX spot price. Information about CoinDesk Indices can be found atcoindesk.com/indices.\nOctober Starts but Fails to Ignite Crypto Prices\nBy James Rubin\nThe opening of the historically crypto boom month of October bore a stronger resemblance to the recent dreary days of September.\nBitcoin was recently trading slightly above $19,200, down 0.5% over the past 24 hours and roughly where it stood at the start of the weekend. The largest cryptocurrency by market capitalization rose briefly above $20,000 last week before descending to the ledge it\'s occupied for much of the past month.\n"Indecision and lack of buying above $20,000 are pushing Bitcoin to test its recent lows," Joe DiPasquale, CEO of crypto asset manager BitBull Capital, wrote in an email, adding optimistically: "If we do drop sharply, the price may bottom soon and put up a nice rally. However, most bulls may be scared out of their longs before that happens.”\nEther was recently changing hands a little below $1,300, off approximately 1.5% from the previous day. The second largest cryptocurrency spent much of the past two weeks trading comfortably above this level. Most other major cryptos were recently off with XRP and ATOM falling more than 4% and 3%, respectively, as investors continued to process a range of largely deteriorating, economic indicators and the latest hawkish comments by U.S. central bank Vice Chair Lael Brainard in a speech Friday.\nCryptos tracked equities, which closed a dismal month with a final dismal trading day on Friday. The tech-focused Nasdaq, S&P 500, which has a strong technology component, and Dow Jones Industrial Average (DJIA) all finished down at least 1.5% amid ongoing fears that the struggle to end high inflation is leading inevitably to a harsh recession – a so-called hard, economic landing.\nBy the traditional definition of two, consecutive quarters of negative gross domestic product (GDP) growth, the U.S. has already entered a recession, although its severity and length remain uncertain. The Nasdaq and S&P have declined six of the last seven weeks, and the DJIA recently became the latest index to fall into bear market territory, meaning that it has dropped at least 20% from its last high.\nEconomic indicators\nA third consecutive monthly decline in pending home sales offered the latest evidence of the once hot housing market\'s cooling and wider, economic slowing. Yet thecore personal consumption expenditure(PCE), the Federal Reserve\'s preferred measure of measuring U.S. inflation, was higher than expected in August, rising 4.9% on a year-over-year basis after 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: 2022-10-03 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $368,088,751,203 - Hash Rate: 240076961.0346841 - Transaction Count: 273820.0 - Unique Addresses: 656236.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.24 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin (BTC) erased three weeks of gains after plunging 8.4%, its biggest single-digit decline in two months. The largest cryptocurrency by market capitalization is now trading at about $21,340. Two analysts with whom CoinDesk spoke said investor concerns about inflation and the likelihood of continued monetary hawkishness by the U.S. Federal Reserve had spurred the decline in crypto prices and other riskier assets. The tech-heavy Nasdaq index, whose fluctuations have largely correlated with bitcoin this year, recently fell over 2%. The S&P 500, which has a strong tech component, was down about 1.2%. Paul McCaffery, co-head of equities for investment bank Keefe, Bruyette & Woods, noted the connection between plunging asset prices and Wednesday’s release of minutes from the Federal Open Market Committee’s (FOMC) July meeting showing the U.S. Federal Reserve continues to be concerned about inflation and might not slow the pace ofinterest rate hikessoon. Bitcoin’s price rose last week after an encouraging Consumer Price Index (CPI) suggested the Fed could ratchet back its approach because of easing inflation. McCaffery said crypto performance will depend on macroeconomic conditions and the ongoing development of regulation. Read more:Bitcoin Plunges Most in 2 Months, Dashing Recovery Hopes “The reality is that for now the space is highly correlated to risk assets, so price action will follow the macro narrative for the most part, with the additional factor of global regulatory action weighing on the sector,” McCaffery wrote in an email. Sylvia Jablonski, Defiance ETFs co-founder, CEO and chief investment officer, also highlighted voting and non-voting Fed members’ vocal unease with inflation, which remains at near four-decade highs despite the recent improvement shown by the CPI. “Crypto is now on that list of thoughtful, innovative, disruptive technologies and it's viewed as sort of high risk by the average retail trader,” Jablonski said. “So what happens is they get this bad news, they sort of take it in and, lo and behold, the price of bitcoin falls.” Ether (ETH), the second-largest crypto by market value, had risen sharply over the past month on enthusiasm about the expected September Ethereum protocol change known as the Merge. However, even ether recently fell to around $1,700, down 9.1% over the past 24 hours. Read more:How ‘the Merge’ Will Change the Weird World of Ethereum Mempools... - Reddit Posts (Sample): [['u/Ok_Shelter_6274', 'So close to being done. Would really appreciate someone to talk to.', 12, '2022-10-03 00:28', 'https://www.reddit.com/r/offmychest/comments/xu1u33/so_close_to_being_done_would_really_appreciate/', 'I\'m very sorry for the long post. I don\'t have anyone else to talk to in my life right now. I don\'t want to trauma dump to the small group of people I do know. \n\nI hate bad living situations.\nOr situations where you have to even slightly depend on other people. \n\nTLDR: I have been couch surfing for the past year. My former roommate got us both evicted with shenanigans she pulled. She let in a couple of homeless people when I was sleeping and did m*th with them and I woke up to my apartment in SHAMBLES. Doors were hanging off the hinges and most of the carpet was torn from the floor. I had to pay over 4k in damages by myself or it would fuck my credit and I would lose my landlord\'s recommendation. (She let us have a good one if we paid our damages.) (My former roommate, skipped town and never made payments.) \n\nI\'ve jumped from couch to couch since then, paid off all the debt, struggled to high hell with ND burnout. I worked in a busy grocery store for 10 months and my panic attacks were awful. Sensory overload to the max. \n\nMy sister let me stay on her couch while her and I work on my application for the low income housing next door. \nThe application was supposed to have gone through. It\'s done by the city. (Caseworker said I was approved, just needed to do the background check) \nThey said it was in. That it wouldn\'t be long. \nI paid my sister what I had left in savings as rent, and bought a switch. I\'m aware that it was incredibly impulsive and I regret it a month later. The background check was supposed to have gone through by then and I thought i would treat myself. 🫣\nWas not expecting to start this shit over. \n\nI\'ve been busting my ass with job interviews. Going to multiple a day. Have one later. \n\nIt\'s so hard because I can\'t read social cues very well. I don\'t know a lot of situational common sense. I have to ask if they\'re mad at me a lot. I can\'t tell. I hear them talk about me in the other room all the time anyways. Every small thing I did seem to bother them. Until I ask them what it is I did wrong. And then they admit that I did in fact make a mistake. (When I came back earlier they were shit talking me.) \n\nI told my sister that I don\'t like the way her husband talks to me. That he\'s condescending and has a nasty, negative attitude no matter what conversation I\'m having. I was not rude in the way I worded this. I was very matter of fact. \n\nHe brings up my weight unprompted, does not communicate that something is wrong, nothing was ever good enough for him, when he told me what was wrong finally, I worked on it and made vast improvement in the areas they asked. Like the food thing, he never noticed. \nThe $750 I gave them for grocery and rent got spent on Bitcoin. And no, it didn\'t pay off. \n\nI was very recently diagnosed with Asperger\'s. (High functioning autism) And I\'ve been coming to terms with it. It\'s explained a great deal of why I am the way I am. \nOversensitivity, over stimulation, difficulty recognizing social cues, etc. \n\nI just got a scathing series of texts. My sister sent my screenshots to him. And he flipped a wig. Took it as a personal attack on himself. \n(I do not have the upper hand, this is temporary housing) \n\n "You\'re far more sensitive than most people. And I\'m an asshole."\n\n"You consume too much."\nEvery day I do intermittent fasting for 22 hours and eat a max of 800 calories. I track it on Lose It. I make sure I walk at least two miles every day. I know that this is borderline an eating disorder. I am dizzy and hungry most of the time. According to Fastic I haven\'t eaten in 17 hours and 37 minutes as of now. \n\nAnd I gave them rent and grocery money. \n\nYesterday he saw me eat a LOT more than I usually do. Probably about 2,000 calories. I got a cold, was not feeling well and let loose for a day. \n\nFrom about 10am, to 8pm I am not in their home. I stay at the library and apply for jobs, and go to multiple interviews a day. He demanded that I not take too much leisure time in his home. I don\'t even get to play the goddamn switch. I\'m too busy. All the time. Always being productive, always trying to not step on everyone\'s toes. Always out of the apartment, working to improve this situation. \n\nThey want me out by Oct. 31. For my "personal attack and insult". \nMy text exactly: "I don\'t like the way ____ talks to me. He\'s always condescending and negative."\n\nI have several job interviews within the next few days. And tomorrow a case worker is coming to collect my paperwork for the background check again. \n\nAs I speak, I am at the library. Outside at the park. Waiting to take the bus to my job interview. \n\nI\'m very sorry for the word vomit. I needed to talk about it somewhere so I can stay calm and think clearly on my next actions. I feel like I am so goddamn close to being out of this situation but still not grounded. \n\nI have to be very careful of how I respond to their texts right now. They are taking everything I say as an attack.', 'https://www.reddit.com/r/offmychest/comments/xu1u33/so_close_to_being_done_would_really_appreciate/', 'xu1u33', [['u/Ok_Shelter_6274', 11, '2022-10-03 05:02', 'https://www.reddit.com/r/offmychest/comments/xu1u33/so_close_to_being_done_would_really_appreciate/iqu80wo/', 'I\'m sorry for the late reply! I just got back from my job interview! And I got the job! 🤠 Very very excited! This changes the prospect of EVERYTHING. They\'re offering stable hours right off the bat. 9-5. Guaranteed 35 hours at minimum. I\'ll have money for my bills and even to find a temporary place if need be. It means safety and a huge load off of my mind. \nThank you very much for your kind words and the Platinum!!! \nThe only thing now is I\'m just so uncomfortable going back inside. \n\nMy sister just texted me:"I made food." \nLike, after what your husband said.\nYou think I wanna go eat? In front of y\'all?', 'xu1u33']]], ['u/Melodic_Reception518', 'Rewatched Scandal….wtf', 30, '2022-10-03 00:38', 'https://www.reddit.com/r/Scandal/comments/xu22ce/rewatched_scandalwtf/', 'I used to be obsessed with Olivia and Fitz’ relationship. I thought it was the perfect love story. But I just rewatched it after a year and what in the f*ck was that!? Those two are horrible for eachother, it’s manipulative and toxic and it should’ve never been a thing. POTUS literally publicly cheated on his first lady.They’re both at fault but that man Fitzgerald Thomas Grant looks like lemongrab and got away with treating his wife like shit and barely seeing his kids. HIS SON LITERALLY DIED AND HE DIDNT DO SHIT ABOUT IT except kidnap jake and beat the shit out of him NOT for his son (BECAUSE HE KNEW DAMN WELL THAT WAS ROWAN) but because Jake was screwing Liv. I also disliked mellie the first time but now I think she’s got the best moral compass out of Cyrus, Liv and Fitz. She’s a btch but I would be too if the only time my cheating husband spoke to me was either to blackmail, threaten, yell, belittle me or call me an angry woman. AND I KNOW I know I understand why a lot of people hate her bc Olivia isn’t a saint and is a BIG problem in this show but as a black woman, i can’t help but love her. It’s a goosebumpy feeling seeing a beautiful black woman have so much power. To me, Olivia has a perfect face and I love watching her get angry and in work mode, her strut does things to me. Even though sometimes she does a bit much when she talks to Huck and Quinn. But when she was kidnapped and the way she almost finessed her way out of it because imagine if Stephen didn’t save her (also that was an amazing plot twist i thought it was so beautiful!!) I just cant find it in me to hate her considering who her parents are lol. But she definitely needs to leave both them white boys alone. Idk how she continuously chooses Fitz bc he looks like he’s sucking a lemon everytime he does that thing with his face AND Jake is fineeeee I wouldn’t have been mad if she ended up with him now. I also think Jake loved Liv more than Fitz at some point bc there’s NO WAY the d was worth all that shi u pulled idc. With Fitz it seemed to be more lust imo. Although the shows very repetitive and the 10 minute motivational speeches every scene is a bit annoying , It’ll always be one of my favourites and Ill never stop trying to force my friends to watch it. oh and Cyrus and Rowan should stayed in prison, pure evil. Rip James.', 'https://www.reddit.com/r/Scandal/comments/xu22ce/rewatched_scandalwtf/', 'xu22ce', [['u/ineedvitaminsea', 19, '2022-10-03 01:21', 'https://www.reddit.com/r/Scandal/comments/xu22ce/rewatched_scandalwtf/iqtfbb0/', 'Olivia didn’t love Fitz (the man) she loved the ACCESS and POWER that Fitz (POTUS) had, that’s why she bailed on him as soon as things got rough in the White House. She wanted the power, the privilege and the access that screwing the president gave her, but she didn’t want the day to day with the man. \n\nMellie was always my favorite out of all of them.', 'xu22ce']]], ['u/DukkhaHappens', 'Who is still buying this Bitcoin bullshit!?!?', 57, '2022-10-03 02:39', 'https://www.reddit.com/r/Buttcoin/comments/xu4piv/who_is_still_buying_this_bitcoin_bullshit/', 'As we hit the skids with big time inflation, economic slowdowns, entering into a recession, possibly even a looming depression….who the hell has any extra income left to throw at this crypto Bitcoin garbage? It has to have had a sharp decline in ‘greater fools’ willing to put actual real money into this sinking ship. How the hell the price of Bitcoin is not crashing further is a mystery to me? How is it remaining relatively fixed around that 20k mark for so long? Who is propping this stuff up? Who left is still buying into this crap?', 'https://www.reddit.com... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening:\nPrices:Bitcoin climbs past $19.5K in a good day for cryptos.\nInsights:Binance\'s plan to burn a small amount of LUNC’s bloated supply failed to have a lasting impact on the hyperinflated token.\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.\n●Bitcoin (BTC): $19,566+2.5%\n●Ether (ETH): $1,322+3.0%\n●CoinDesk Market Index (CMI): $963+2.6%\n●S&P 500 daily close: 3,678.43+2.6%\n●Gold: $1,707 per troy ounce+2.7%\n●Ten-year Treasury yield daily close: 3.65%−0.2\nBitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX); Gold is the COMEX spot price. Information about CoinDesk Indices can be found atcoindesk.com/indices.\nBitcoin and Ether Climb Amid Renewed Hopes for a Fed Retreat\nBy James Rubin\nCrypto investors who have appreciated bad, economic news more than good in recent months were feeling chipper on Monday as the latest manufacturing indicators arrived cooler than expected.\nBitcoin was recently trading over $19,550, up more than 2% over the past 24 hours, amid a surprising monthly decline in the Institute for Supply Management\'s manufacturing index, which measures factory activity. The drop didn\'t send asset prices soaring, but it offered faint hope that the economy was slowing meaningfully, inflation would soon be waning, and the U.S. central bank would be able to ratchet back its recent monetary hawkishness. Markets have been desperate for signs of improvement in the inflation battle that Federal Reserve officials see as key to long-range economic stability.\nEther was recently changing hands at just above $1,300, up roughly 3% from a day earlier, same time. Most other major altcoins in market value were trading higher, with ATOM and MATIC both rising more than 5%. TheCoinDesk Market Index(CMI), a broad-based market index that measures performance across a basket of cryptocurrencies, increased by over 2.5%.\nEquity markets enjoyed a rare upswing with the tech-focused Nasdaq, S&P 500 and Dow Jones Industrial Average (DJIA) jumping 2.3%, 2.6% and 2.7%, respectively. The increases followed a September of almost unbroken declines as investors continued to fret about rising prices and the prospect of a harsh recession.\nMeanwhile, yields on 10-year U.S. Treasurys declined, continuing their path of the past few days after rising to 15-year highs late last month. Yields and asset prices usually travel in opposite directions. The decline may also reflect a surge in investor confidence that Fed policies are working.\nMarkets remained jittery about Credit Suisse as the investment banking giant tried to allay fears about its financial health, although the company\'s share price wound up only falling by about 1% on Monday. In Florida, the toll from Hurricane Ian continued to rise, although the cost in repairs and lost economic growth remains unclear.\nIn an email to CoinDesk, Jon Campagna, partner and head of trading and capital markets at crypto investment firm CoinFund, noted optimistically that bitcoin and cryptos in general have struggled in September but had their best performance in the last quarter of the year with an average quarterly return of more than 100%. "It remains to be seen if history can repeat itself for Q4 the way it did for the month of September," he wrote.\nAnd Anastasia Amoroso, chief investment strategist at financial tech firm iCapital, told CoinDesk TV\'s "First Mover" program that bitcoin\'s price was "a lot closer to the bottom than we have been, although she added that bitcoin was unlikely to escape the $19,000 to $20,000 band that it has been occupying "until and unless the Fed pivots."\n"Until then, I think, unfortunately, we\'re still going to be kept around these current levels," she said.\n[{"Asset": "Cosmos", "Ticker": "ATOM", "Returns": "+5.8%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Polygon", "Ticker": "MATIC", "Returns": "+5.0%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Chainlink", "Ticker": "LINK", "Returns": "+3.9%", "DACS Sector": "Computing"}]\n[{"Asset": "Stellar", "Ticker": "XLM", "Returns": "\\u22123.3%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Terra", "Ticker": "LUNA", "Returns": "\\u22120.3%", "DACS Sector": "Smart Contract Platform"}]\nBinance\'s Failed Scheme to Boost Luna Classic\'s Price\nBy Krisztian Sandor\nThe crypto exchange Binance’s planned “burn” of luna classic (LUNC) – the remnant cryptocurrency of the failed blockchain project Terra prior to itsreboot– was supposed to boost the price. At least, that was the speculation of many crypto traders.\nBut the impact turned out to be underwhelming.\nSince the mechanism was implemented a week ago, Binance destroyed – “burned” in crypto terms, or a reduction in the outstanding supply – $1.8 million worth of LUNC, based on atweetMonday by Binance CEO Changpeng Zhao. That amount represents only 0.08% of the total supply of the token, too minuscule to make any measurable impact on the tokens\' hyperinflated supply.\nThe price of LUNC dropped 12% in the last 24 hours, to $0.0003037, according to cryptocurrency price trackerCoinGecko.\nLUNC is the native token of the Terra Classic blockchain, whichimploded this May, wiping out $60 billion in market value; the project’s algorithmic stablecoin lost its peg to the dollar, and LUNC, the token that was supposed to be its stabilizer, fell into hyperinflation. While most crypto developers and projectsleftthe blockchain, some community members attempted to bring new life to the network by introducing a scheme that reduces the bloated supply of the token.\nRead more:Luna (LUNA) vs. Luna Classic (LUNC): What Is the Difference?\nLUNC almost doubled its pricelast week after Binance, the world’s largest crypto exchange by trading volume, unveiled its own supply-reduction scheme, CoinDesk reported last week. The crypto exchangeimplementeda mechanism that destroys the same amount of coins as the fees it collects from trading LUNC.\nLUNC became the third-most traded asset on Binance with trading volume after bitcoin (BTC) and ether (ETH), according todataby CoinMarketCap.\nThe burn was calculated based on the token’s trading volume between Sept. 21 and Oct. 1. So Binance took 5.6 billion tokens out of circulation by sending them to a “burn” address, according toblockchain data.\nGiven that there are more than 6.8 trillion tokens in circulation, the burn rate works out to a meager 0.08% of the total supply – extrapolating to only a few percentage points of reduction on an annualized basis.\nBinance\'s scheme “is meaningless in its direct impact,” a crypto trader who goes by the pseudonym ofOgle, told CoinDesk in a Telegram chat.\n“At this rate, assuming the volume continued to be as high as now (which I doubt), it would take 15 years to get to the total burn goal.”\nMetaBeat Conference(San Francisco)\n11:30 a.m. HKT/SGT(3:30 a.m. UTC):Reserve Bank of Australiarate statement\n9 .m. H1HKT/SGT(1 p.m. UTC): Speech by Federal Reserve Bank of New York President John C. Williams\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nSEC Charges Kim Kardashian for Promoting EthereumMax; Bitcoin Holds Above $19K\nReality TV star Kim Kardashian paid $1.26 million to the Securities and Exchange Commission (SEC) to settle charges relating to her promotion of ethereumMax. Plus, what do analysts expect from the crypto markets this month? "First Mover" chatted with Anastasia Amoroso, iCapital chief investment strategist. And Matthew Price discusses Binance\'s new training program for law enforcement.\nKim Kardashian Pays $1.26M Fine to SEC for Promoting EthereumMax Without Disclosing Reimbursement:The reality TV star also agreed not to tout any cryptocurrencies for three years.\nCrypto Exchange Coinbase Fixes Technical Problem That Temporarily Halted Payments and Withdrawals From US Bank Accounts:The exchange says the issue was identified and a solution implemented.\nEx-CEO of Bankrupt Crypto Lender Celsius Withdrew $10M Weeks Before Company Froze Customer Accounts: Report:Alex Mashinsky resigned as CEO on Sept. 27; the company filed for chapter 11 bankruptcy protection in mid July.\nDeglobalization Is Happening. Crypto Is Part of the Answer:The rise of a common global financial infrastructure will continue as the international landscape becomes even more fragmented by war and disaster.\nCiti Says Decentralized Crypto Exchanges Are Gaining Market Share From Centralized Peers:Increased crypto regulation could drive users to decentralized platforms, the bank said.', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin climbs past $19.5K in a good day for cryptos.\nInsights:Binance\'s plan to burn a small amount of LUNC’s bloated supply failed to have a lasting impact on the hyperinflated token.\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.\n●Bitcoin (BTC): $19,566+2.5%\n●Ether (ETH): $1,322+3.0%\n●CoinDesk Market Index (CMI): $963+2.6%\n●S&P 500 daily close: 3,678.43+2.6%\n●Gold: $1,707 per troy ounce+2.7%\n●Ten-year Treasury yield daily close: 3.65%−0.2\nBitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX); Gold is the COMEX spot price. Information about CoinDesk Indices can be found atcoindesk.com/indices.\nBitcoin and Ether Climb Amid Renewed Hopes for a Fed Retreat\nBy James Rubin\nCrypto investors who have appreciated bad, economic news more than good in recent months were feeling chipper on Monday as the latest manufac **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-10-04 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $375,878,302,962 - Hash Rate: 254107432.7834644 - Transaction Count: 278744.0 - Unique Addresses: 655477.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.20 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Biotech stocks have performed relatively well compared to the broader market of late. TheSPDR S&P Biotech ETF(NYSEARCA:XBI) is up 21% over the past three months compared with a 6% gain for theS&P 500. Biotech stocks have a reputation for being high-risk investments. The underlying firms spend a ton on research and development with no assurance that their products will reach market. As a whole, though, the segment’s growth is being driven by government initiatives “aimed at modernization of regulatory framework, improvements in approval processes & reimbursement policies, as well as standardization of clinical studies,” according to Grand View Research. The research firm estimates the global biotechnology market will grow at a compound annual rate of 13.9% through 2030. InvestorPlace - Stock Market News, Stock Advice & Trading Tips With the growth of the industry is all but assured by medical necessity, the trick for investors is choosing the best individual biotech stocks in which to put their capital. The biotech stocks below are established players that are trading at a substantial discount to their fundamentals and long-term outlook. [{"VIR": "EXEL", "Vir Biotechnology": "Exelixis", "$19.21": "$16.90"}, {"VIR": "BCRX", "Vir Biotechnology": "BioCryst Pharmaceuticals", "$19.21": "$13.37"}] Source: Karol Ciesluk / Shutterstock.com Vir Biotechnology(NASDAQ:VIR) is a U.S.-based immunology company involved in developing therapeutic products to treat and prevent infectious diseases.Its pipelineincludes products for the treatment and prevention of Covid-19, influenza A and HIV. Moreover, it boasts licenses and grant agreements from some of the biggest names in healthcare and philanthropy. Vir Biotechnology has seen revenue explode over the past four years from less than $3 million in 2017 to $1.1. billion last year. For 2022, analysts are calling for revenue to increase another 28.5% to $1.4 billion. Moreover, profitability metrics remain firmly in the green with roughly 80% return on common equity. Additionally, its levered free cash flow margin for the year is at a spectacular 55.4%. Much of the company’s revenue growth has been due to investigational monoclonal antibody treatment for Covid-19, Sotrovimab, which it developed in collaboration withGSK(NYSE:GSK). Vir Biotechnologygenerated $917.2 millionin collaboration sales for Sotrovimab last year after the Food and Drug Administration granted it an emergency use authorization in May 2021. While the FDA has sinceupdated its authorizationdue to the prevalence of the Omicron BA.2 subvariant, the company still has a lot ofpotential based on its Hepatitis B drugs. Given this and its stellar pricing metrics, VIR stock is an excellent long-term play. Source: Shutterstock.com Exelixis(NASDAQ:EXEL) is mid-cap biotech that’s been in the game for over 25 years. It sports a massive enterprise value of more than $4.2 billion and wrapped the second quarter with $1.5 billion in cash, providing a spectacular operational growth runway. The firm is known for the Cabozantinib franchise, which continues to perform phenomenally well for the company. The drugs primarily treat advanced medullary thyroid cancer, renal cell carcinoma, and hepatocellular carcinoma. They accounted fornearly 83%of the company’s Q2 sales. Exelixis also boasts a promisingearly-stage pipelinethat involves inhibitors of multiple targets and the latest antibody-drug conjugates. The firm’s growth and market share retention speak to a bright future for Exelixis. Moreover, its gross margins are at an astounding 96.7%, indicating its strong execution. Source: Dennis Diatel / Shutterstock BioCryst Pharmaceuticals(NASDAQ:BCRX) is a rare disease specialist with the potential to be a high-growth stock down the road for bargain hunters. Its flagship drug is called Orladeyo, which is used to prevent hereditary angioedema attacks. Orladeyo has proven to be remarkablysafe and effective. In the second quarter, Orladeyo salesmore than doubledyear over year to $65.2 million, helping boost the company’s total revenue 31% YOY to $65.5 million. So, as you can see, Orladeyo accounts for the vast majority of BioCryst’s sales. Management expects Orladeyo to eventually generate $1 billion in annual sales. This seems plausible as the drug continues to grow its market share. It was recently approved inCanada,SwitzerlandandSaudi Arabia. And the companyentered a partnershipwithPint Pharmato register and promote Orladeyo in Latin America. BCRX stock trades at just 9.1 times this year’s sales estimate, wellbelow its five-year average, making it an attractive buy at these levels. 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. Muslim Farooque is a keen investor and an optimist at heart. A life-long gamer and tech enthusiast, he has a particular affinity for analyzing technology stocks. Muslim holds a bachelor’s of science degree in applied accounting from Oxford Brookes University. • Buy This $5 Stock BEFORE This Apple Project Goes Live • The Best $1 Investment You Can Make Today • Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” • It doesn’t matter if you have $500 or $5 million. Do this now. The post3 Biotech Stocks to Buy Now for Extraordinary Gainsappeared first onInvestorPlace.... - Reddit Posts (Sample): [['u/testaccount32124', 'I just poured all my spare cash into bitcoin. Wish me luck.', 600, '2022-10-04 01:16', 'https://www.reddit.com/r/Bitcoin/comments/xuylyb/i_just_poured_all_my_spare_cash_into_bitcoin_wish/', 'I like to make my calls public. I just put all my spare cash into bitcoin and will continue to do so as long as it stays below 20k. \n\nIt’s money I can afford to lose, but obviously I don’t want to lose it. It is enough for a house deposit. \n\nStock market looks like shit. Interest rates will smash real estate. Bitcoin is the only place I see with room for growth at the moment. We are a long way from the top, it makes sense to me. \n\nWish me luck comrades.', 'https://www.reddit.com/r/Bitcoin/comments/xuylyb/i_just_poured_all_my_spare_cash_into_bitcoin_wish/', 'xuylyb', [['u/Ok_Aerie3546', 27, '2022-10-04 01:59', 'https://www.reddit.com/r/Bitcoin/comments/xuylyb/i_just_poured_all_my_spare_cash_into_bitcoin_wish/iqyazeq/', 'Best of luck. I might be doing the same soon.', 'xuylyb'], ['u/kraken-community', 27, '2022-10-04 02:47', 'https://www.reddit.com/r/Bitcoin/comments/xuylyb/i_just_poured_all_my_spare_cash_into_bitcoin_wish/iqyh4xt/', 'Best of luck to you brother! Fortune favors the bold!\n\n\\- Remy🐙', 'xuylyb'], ['u/Diamond_PnutBrain', 38, '2022-10-04 03:16', 'https://www.reddit.com/r/Bitcoin/comments/xuylyb/i_just_poured_all_my_spare_cash_into_bitcoin_wish/iqyl25q/', 'January 1st I plan on doing the same and “restarting” my investment journey. More consistent buy ins, hardware wallet, safe etc..', 'xuylyb'], ['u/mr_mazy', 25, '2022-10-04 04:00', 'https://www.reddit.com/r/Bitcoin/comments/xuylyb/i_just_poured_all_my_spare_cash_into_bitcoin_wish/iqyqwgw/', 'Don’t need luck… just time!', 'xuylyb'], ['u/ketoboi1', 19, '2022-10-04 04:18', 'https://www.reddit.com/r/Bitcoin/comments/xuylyb/i_just_poured_all_my_spare_cash_into_bitcoin_wish/iqytd0b/', 'Is that you Matt?', 'xuylyb'], ['u/ketoboi1', 10, '2022-10-04 04:33', 'https://www.reddit.com/r/Bitcoin/comments/xuylyb/i_just_poured_all_my_spare_cash_into_bitcoin_wish/iqyv6ch/', 'Dude I know exactly how you feel. I don’t wanna put a number out there but the emotion of negativity is strong but most indicators are saying we have bottomed. RSI on the s&p went to like 20 in the last 08 crash. It has not gone to that level since. Bitcoin and S&P correlate somewhat whether we like it or not. If we are indeed in a 08 style recession and bitcoin goes to an rsi level of around 20(monthly) then we are looking at more downside(bitcoin has never done this since we have always been in QE since it was created, lowest is like 38ish..)…But if we look at bitcoins history only, then the bottom is most likely in…So it all boils down to whether or not you believe the fed will start to lower rates before next halving or not and whether inflation will be back to 2% or not. It’s a tough call since it takes time for the QT to work. I don’t wanna create fud but it can go either way. I say have some and save some cash on the side just in case. Maybe we get a decoupling since banks are going through a SHTF scenario. In the end do you believe in what bitcoin is about? If yes and you don’t mind losing the money in the short term, buy, store, forget. Times like these look at long term potential, like a decade. I wish you the best of luck and I have a feeling in the coming decade you will be happy with your decision!', 'xuylyb'], ['u/cumbersomecloud', 12, '2022-10-04 04:38', 'https://www.reddit.com/r/Bitcoin/comments/xuylyb/i_just_poured_all_my_spare_cash_into_bitcoin_wish/iqyvu94/', "I'm following you Bloopy. There aren't many of us. Good luck in 2023!", 'xuylyb'], ['u/[deleted]', 39, '2022-10-04 05:57', 'https://www.reddit.com/r/Bitcoin/comments/xuylyb/i_just_poured_all_my_spare_cash_into_bitcoin_wish/iqz52s6/', 'If it makes you feel better I bought in at $58,663.00\n\nNot a whole coin thankfully, only 0.01. Recently turned into a whole coiner with these prices now 👍\n\nMy next step is getting a hardware wallet and holding for a couple halvings.', 'xuylyb'], ['u/bobbyv137', 10, '2022-10-04 06:06', 'https://www.reddit.com/r/Bitcoin/comments/xuylyb/i_just_poured_all_my_spare_cash_into_bitcoin_wish/iqz61um/', 'If someone believes in the technology and its value proposition then in practice ‘anytime’ is a good time to buy Bitcoin whether that be at the lows or all time highs. The intention is to accrue as much as possible whenever possible. \n\nHaving said that, given current macroeconomic conditions, I’d have either DCAd in, or waited a little longer. CPI is out next week and could be awful. Fed meeting first week of November. Personally I think everything is about to significantly crash including Bitcoin. \n\nAnd before I get scolded for this view by some people, please remember my first point. \n\nAll the best. Hold it as long as you can.', 'xuylyb'], ['u/_Time_Traveler__', 67, '2022-10-04 06:09', 'https://www.reddit.com/r/Bitcoin/comments/xuylyb/i_just_poured_all_my_spare_cash_into_bitcoin_wish/iqz6bdv/', 'dont sell at 20x', 'xuylyb'], ['u/shodanime', 16, '2022-10-04 06:31', 'https://www.reddit.com/r/Bitcoin/comments/xuylyb/i_just_poured_all_my_spare_cash_into_bitcoin_wish/iqz8ji5/', 'Lol I never get it what’s the point of buying bitcoin if you don’t intend to use it. After 20x 😂', 'xuylyb'], ['u/drnobod', 123, '2022-10-04 06:35', 'https://www.reddit.com/r/Bitcoin/comments/xuylyb/i_just_poured_all_my_spare_cash_into_bitcoin_wish/iqz8wzg/', 'In a recession, CASH is king. The Queen is DCA. You’re trying to time the bottom when we are at the START of a global recession and impending international wars. My god you should not be dumping a house deposit in a speculative currency all at once.', 'xuylyb'], ['u/_Time_Traveler__', 25, '2022-10-04 06:37', 'https://www.reddit.com/r/Bitcoin/comments/xuylyb/i_just_poured_all_my_spare_cash_into_bitcoin_wish/iqz924j/', 'I bought in at $250. Would not have been smart to sell at 20x ($5000) when it has already hit 200x. Think I’ll sell some at 2000x 🤑', 'xuylyb'], ['u/shodanime', 14, '2022-10-04 06:39', 'https://www.reddit.com/r/Bitcoin/comments/xuylyb/i_just_poured_all_my_spare_cash_into_bitcoin_wish/iqz9a4g/', 'I am sure, but it always does 70%+ crash after each bull run. Enjoy the money go back in later 😂 it did it when bitcoin was at 1k it did it 2013 and 2017 and now it going to do it again around 2027. I believe bitcoin will actually hit 100k the next run. But we are in crypto winter now. There can be a possibility of small flash crashes but it looks like we are here to stay around 15-20k for a little while. My guess until like 2024', 'xuylyb'], ['u/testaccount32124', 12, '2022-10-04 07:21', 'https://www.reddit.com/r/Bitcoin/comments/xuylyb/i_just_poured_all_my_spare_cash_into_bitcoin_wish/iqzd54f/', 'You are predicting the market will go down. I am predicting it has greater chance of going up. There is no difference. My strategy is greater risk greater reward. Yours is lower risk lower reward. That I just the truth, google it.', 'xuylyb'], ['u/Cultural_Dirt', 39, '2022-10-04 07:56', 'https://www.reddit.com/r/Bitcoin/comments/xuylyb/i_just_poured_all_my_spare_cash_into_bitcoin_wish/iqzg1qs/', 'This. If u buy in all right now ur basically saying the overall market + nasdaq are bottomed. Good luck w that', 'xuylyb'], ['u/360ODYSY', 17, '2022-10-04 08:10', 'https://www.reddit.com/r/Bitcoin/comments/xuylyb/i_just_poured_all_my_spare_cash_into_bitcoin_wish/iqzh4yt/', 'The crash would happen in Q4 2025 but "this time will be different" as the most likely scenario is a commodity super cycle that lasts for 10 years and the SEC has officially declared Bitcoin a commodity.\n\nInflation isn\'t stopping this decade so if you sell your bitcoin, what are you going to sell it for? A fiat currency that is devalued by 10 to 20% a year for the next decade?', 'xuylyb'], ['u/Scandroid99', 19, '2022-10-04 08:58', 'https://www.reddit.com/r/Bitcoin/comments/xuylyb/i_just_poured_all_my_spare_cash_into_bitcoin_wish/iqzkqjx/', 'The smartest comment here.', 'xuylyb'], ['u/shart_leakage', 35, '2022-10-04 09:13', 'https://www.reddit.com/r/Bitcoin/comments/xuylyb/i_just_poured_all_my_spare_cash_into_bitcoin_wish/iqzltu8/', 'Literally never sell. Lock it up.', 'xuylyb'], ['u/dzdra', 34, '2022-10-04 11:52', 'https://www.reddit.com/r/Bitcoin/comments/xuylyb/i_just_poured_all_my_spare_cash_into_bitcoin_wish/iqzwkfr/', 'Die with it lr buy a ps35 when u have 90yo', 'xuylyb']]], ['u/Cheese6260', 'Where are those who sold at the top of the last bull run today?', 15, '2022-10-04 03:05', 'https://www.reddit.com/r/CryptoCurrency/comments/xv11eb/where_are_those_who_sold_at_the_top_of_the_last/', 'In the bear market I really appreciate all those who have stayed in this space and encouraged each other as we weather this winter. It is my second bear market but last time I sold the majority of my holdings when things got really bad. Classic buy high sell low. When crypto started going back up in the following bull market I would often buy high, we all know the drill. \n\nBut what haunts me still today is remembering those Chads who posted in the daily thread during the last peak bull run saying "I\'m out for a while, you guys have fun the rest of the way" when BTC was 60K+ and ETH 4K+. Impressive.\n\nNow I have to ask, are there any of you out there who did this and if so are you still active in this space? Or just enjoying watching from afar? Buying the dip or buying lambos? Curious how you decided to reap the rewards.', 'https://www.reddit.com/r/CryptoCurrency/comments/xv11eb/where_are_those_who_sold_at_the_top_of_the_last/', 'xv11eb', [['u/bad-crypto-advice', 17, '2022-10-04 03:10', 'https://www.reddit.com/r/CryptoCurrency/comments/xv11eb/where_are_those_who_sold_at_the_top_of_the_last/iqyk73a/', 'Sold at the top but I stick around here. Now I reap rewards by assisting Redditors and teaching them my strategies. My altruism knows no limits.', 'xv11eb'], ['... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening: Prices: Bitcoin, ether and other cryptos spend another day in the green. Insights: The SEC\'s settlement with mega-influencer Kim Kardashian is a warning to the crypto industry, as CoinDesk columnist Daniel Kuhn noted in Tuesday\'s edition of the Node. (First Mover Asia writers Sam Reynolds and Shaurya Malwa are away.) Prices ● Bitcoin ( BTC ): $20,209 +3.1% ● Ether ( ETH ): $1,356 +2.5% ● CoinDesk Market Index ( CMI ): 986 +2.4% ● S&P 500 daily close: 3,790.93 +3.1% ● Gold: $1,732 per troy ounce +2.3% ● Ten-year Treasury yield daily close: 3.62% −3e+1 Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX); Gold is the COMEX spot price. Information about CoinDesk Indices can be found at coindesk.com/indices. Bitcoin Spends the Day Back Over $20K By James Rubin Say hello to $20,000 again. Bitcoin rose markedly for a second consecutive day and was recently trading at about $20,200, a more than 3% gain over the past 24 hours and its highest level in a week. The largest cryptocurrency by market capitalization has crossed the psychologically important threshold several times over the past month but failed to stick amid investor concerns about inflation and the prospect of a harsh recession. On Tuesday, markets responded positively to a surprising decline in job openings in the Job Openings and Labor Turnover Survey (JOLTS) , which offered hope that the economy was slowing enough for the U.S. central bank to reverse course on steep interest rate hikes in the not-too-distant future. Ether was recently changing hands above $1,350, up more than 5% from the previous day, same time. Other major altcoins spent much of the day firmly in the green with DOGE rising more than 10% after Elon Musk, a champion of the popular meme coin, indicated he would be willing to follow through on his original proposal to purchase social media platform Twitter. SHIB, a similarly dog-themed meme coin and LINK, climbed over 4% and 5%, respectively. Story continues The CoinDesk Market Index (CMI) , a broad-based market index that measures performance across a basket of cryptocurrencies, recently increased by 2.4%. Equity markets continued their so-far, buoyant week with the tech-focused Nasdaq and S&P 500, which has a strong technology component, jumping 3.3% and 3.1%, respectively, and the Dow Jones Industrial Average (DJIA) rising 2.8%. Investors responded favorably to an unexpectedly small interest rate hike by Australia\'s central bank and the JOLTS reading suggesting that the hot jobs market was finally losing steam. Torrid job figures have concerned U.S. central bankers looking for signs of an economic downtrend. The price of Brent crude oil, a widely watched measure of energy markets, traded roughly flat but still hovered over $91 per barrel, and investors will be eyeing Wednesday\'s report by the Organization of the Petroleum Exporting Countries (OPEC), which is expected to cut supplies. Bond yields and the dollar, which recently soared to multi-year highs, fell again. Bankrupt crypto lender Celsius Network\'s woes continued with the resignation on Tuesday of co-founder and Chief Strategy Officer S. Daniel Leon. He follows now-former CEO Alex Mashinsky, who departed the company last week. Celsius filed for Chapter 11 bankruptcy protection in New York in July, and now faces an inquiry from an investigator appointed by the U.S. Trustee\'s office and authorized by the Bankruptcy Court for the Southern District of New York. And Japan plans for expanding its digital presence will include non-fungible tokens (NFT) and metaverse services, Japan Prime Minister Fumio Kishida said in a policy speech Monday. In an email to CoinDesk, Mark Connors, head researcher at Canadian digital asset firm 3iQ, wrote that despite this month\'s early gains across risk-on assets, markets remain unsettled. Connors called the S&P 500\'s 5.3% October increase a "price action...more indicative of an option or a warrant than a $32B+ large cap equity index," and said that the volatilities of currencies and treasury bonds were "even more unusual." "The low vol, highly leveraged currency and rate assets are exhibiting the highest relative volatility," he said, adding: "What you DONT see are unusual moves in BTC or ETH. This is because monetary policy is causing problems in the fiat based plumbing. Asset prices are falling too fast." "This story is far from over." Biggest Gainers Asset Ticker Returns DACS Sector Dogecoin DOGE +10.1% Currency Chainlink LINK +5.8% Computing Terra LUNA +5.1% Smart Contract Platform Biggest Losers There are no losers in CoinDesk 20 today. Insights Kim Kardashian, EthereumMax and the SEC\'s Publicity Grab By Daniel Kuhn Monday, before the market opened, the U.S. Securities and Exchange Commission (SEC) announced it settled with celebrity influencer Kim Kardashian for $1.26 million related to her paid endorsement of a cryptocurrency called EthereumMax. Just as when Kardashian first shilled the token in June 2021 (and failed to disclose the $250,000 she was paid to do so), the news raises the question … why? Why did Kardashian get involved in the first place , and why is the SEC fining her now ? The SEC, under Chairman Gary Gensler, is looking to send a message: Celebrities should think twice before endorsing cryptocurrencies. Kardashian, a celebrity who has built her reputation on being famous as well as ubiquitous, is a high-profile target . With a federal agency that is consistently underfunded going after this big target, the settlement serves as a warning for the crypto industry at large. This 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 full newsletter here . Influencers Are \'Easier to Pick Off\' Than Token Issuers: Former SEC Official on Kim Kardashian But the news also comes amid a deep market rout, where every day brings more news of crimes swept under the rug during a FOMO-fueled market rally during the COVID-19 pandemic. Three Arrows Capital, once thought to be one of the smartest hands in the game, was found to have built its fortune largely by rehypothecating borrowed funds . Alex Mashinsky, the founder and former CEO of bankrupt “neo-bank” Celsius Network was just found to be siphoning funds from Celsius. Figures like Mashinsky and Three Arrow’s Kyle Davies and Su Zhu promised much more than Kardashian and other celebrity crypto endorsers ever could. Celsius’ unofficial slogan was “unbank yourself.” The Three Arrows hedge fund operated under the idea of an unstoppable crypto “supercycle.” Until the firm imploded under the weight of bad debt and bad bets, Celsius promised users returns of up to 20% on their crypto holdings. Mashinsky is now selling T-shirts saying, “Unbankrupt Yourself.” Read the full story here . Important events. 8:30 a.m. HKT/SGT(12:30 a.m. UTC): Jibun Bank services PMI (Sept.) 9 a.m. HKT/SGT(1 a.m. UTC): Reserve Bank of New Zealand rate decision and statement 4 p.m. HKT/SGT(8 a.m. UTC): OPEC meeting CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Bitcoin Gains Momentum; Former SEC Branch Chief on Kim Kardashian’s Crypto Promotion "First Mover" dived into crypto markets with Arca Portfolio Manager David Nage to explore reasons for the sudden rally in crypto and the broader markets. Former SEC Enforcement Branch Chief Lisa Bragança discussed the fallout for Kim Kardashian after the reality TV star\'s $1.26 million settlement with the SEC over her promotion of EthereumMax. Plus, First Mover had an update on China\'s CBDC rollout. Headlines Japan to Invest in Metaverse and NFT Expansion : Prime Minister Fumio Kishida continued calls for Web3 technology integration. Asset Management Giant Fidelity Adds to Crypto Offerings With Ethereum Index Fund : The fund has raised about $5 million since sales opened in late September Blockchain Game Developer Horizon Raises $40M in Series A Funding Round : The round was led by Brevan Howard Digital and Morgan Creek Digital, and included investments from traditional gaming companies Ubisoft and Take-Two Interactive. Crypto Lender Celsius Co-Founder, Chief Strategy Officer Leon Resigns, Financial Times Reports: Celsius CEO Alex Mashinsky also resigned last week. ‘Prohibitive’ Global Crypto Capital Norms Could ‘Derail’ Market, TradFi Groups Say : Banks want to see caps on bitcoin holdings increased fivefold under planned global standards', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin, ether and other cryptos spend another day in the green.\nInsights:The SEC\'s settlement with mega-influencer Kim Kardashian is a warning to the crypto industry, as CoinDesk columnist Daniel Kuhn noted in Tuesday\'s edition of the Node. (First Mover Asia writers Sam Reynolds and Shaurya Malwa are away.)\n●Bitcoin (BTC): $20,209+3.1%\n●Ether (ETH): $1,356+2.5%\n●CoinDesk Market Index (CMI): 986+2.4%\n●S&P 500 daily close: 3,790.93+3.1%\n●Gold: $1,732 per troy ounce+2.3%\n●Ten-year Treasury yield daily close: 3.62%−3e+1\nBitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX); Gold is the COMEX spot price. Information about CoinDesk Indices can be found atcoindesk.com/indices.\nBitcoin Spends the Day Back Over $20K\nBy James Rubin\nSay hello to $20,000 again.\nBitcoin rose markedly for a second consecutive day and was recently trading at about $20,200, a more than 3% gain over the past 24 hours and its highest level in a week. The largest cryptocurrency by market capitalization has crossed the psychologically important threshold several times over the past month but failed to stick amid investor concerns about inflation and the prospect of a harsh recession.\nOn 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: 2022-10-05 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $388,247,418,374 - Hash Rate: 272814728.44850475 - Transaction Count: 267021.0 - Unique Addresses: 644568.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.25 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: New York-based post-trade financial services company, The Depository Trust & Clearing Corp. (DTCC), which processes all trades in the U.S. stock market, has launched a private blockchain project aimed at settling trades more quickly for clients, according to a press release Monday. The DTCC acts as the counterparty for most trades in the U.S. and underpins the entire public securities market. Project Ion was first created as a pilot program in 2020 and moved into a development program in September. DTCC says it is now processing an average of over 100,000 bilateral equity transactions per day in a parallel processing environment, and almost 160,000 on peak days. DTCC's subsidiary, The Depository Trust Company, remains the authoritative source for transactions. Project Ion is designed to support T+0, or end of day, settlement cycles by leveraging blockchain technology. Currently, stock market trades take two days to settle, although the Securities and Exchange Commission (SEC) proposed speeding this up in February in the wake of highly volatile meme stock trading. Last year, Robinhood (HOOD) CEO Vlad Tenev said that T+0 settlement would prevent volatile markets like those seen with GameStop (GME) and AMC (AMC). Project Ion will be launched alongside DTCC's existing settlement solution for clients that are willing to leverage blockchain technology for faster settlement. Several leading traditional finance companies such as Goldman Sachs (GS) and JPMorgan (JPM) are dipping their toes into the blockchain industry, with the former president of the New York Stock Exchange claiming that "blockchain technology is going to rewire all financial services," as quoted in the Wall Street Journal on Monday. DTCC's project, which is private and permissioned unlike many traditional blockchain networks such as Bitcoin and Ethereum, is being developed in collaboration with the likes of Barclays (BCS), BNY Mellon (BK), Charles Schwab (SCHW), Citadel Securities, Citi (C) and Credit Suisse (CS). Story continues DTCC has also partnered with software provider R3 to launch Project Ion using R3’s Corda distributed ledger technology (DLT) software. "Digitized assets and emerging technology like DLT are shaping and evolving the financial services landscape, and we remain committed to advancing innovative solutions that capitalize on opportunities, deliver new value and drive the industry forward," said Murray Pozmanter, managing director and president of DTCC Clearing Agency Services. Read more: Financial Services Company DTCC Working With Digital Dollar Project on CBDC Prototype UPDATE (August 22, 15:46 UTC): Updated with additional context throughout.... - 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 fell in Thursday morning trading in Asia but held above the US$20,000 support line. Ether also lost ground. XRP was the only token in the cryptocurrency top 10 by market capitalization to gain. See related article: Is crypto money? A South Korean court says no Fast facts Bitcoin fell 0.9% in the past 24 hours to change hands at US$20,166 at 8 a.m. in Hong Kong. Ether dropped 0.7% to US$1,353, according to data from CoinMarketCap . The leading memecoin Dogecoin was the biggest loser in the top 10, falling 2.2% to US$0.06, Cardano fell 1.1% to US$0.43, while Solana was little changed, dipping 0.2% to US$34.07. XRP rose 2% to US$0.49 following news that Ripple Labs Inc., the firm whose payment network is powered by XRP, was listed in the CB Insights Fintech 250 for 2022 as one of the world’s most promising Fintech companies. XRP prices remain volatile in the face of seesaw developments in the U.S. Securities and Exchange Commission’s (SEC) ongoing lawsuit against Ripple, which was originally filed in 2020 with the SEC alleging Ripple had sold tokens as unregistered securities. On Tuesday, the SEC objected to motions from two firms that had requested amicus briefs supporting Ripple. U.S. equities were little changed on Wednesday. The Dow Jones Industrial Average lost 0.1%, while the S&P 500 and the Nasdaq Composite Index both fell 0.2%. Markets flattened from a strong start to the week following data that showed the U.S. economy is still running strong with businesses adding 208,000 jobs in September — more than forecast and up from 185,000 in August — according to payroll services firm ADP on Wednesday. This is seen as another signal the pace of inflation isn’t slowing and points to further interest rate increases ahead by the U.S. Federal Reserve. Inflation is now running at 8.3% in the U.S. and the Fed has said it wants it back in the target range of 2%. See related article: ‘It raises really interesting questions’: How regulators are approaching DAOs', 'Bitcoin fell in Thursday morning trading in Asia but held above the US$20,000 support line. Ether also lost ground. XRP was the only token in the cryptocurrency top 10 by market capitalization to gain.\nSee related article:Is crypto money? A South Korean court says no\n• Bitcoin fell 0.9% in the past 24 hours to change hands at US$20,166 at 8 a.m. in Hong Kong. Ether dropped 0.7% to US$1,353, according todata from CoinMarketCap.\n• The leading memecoin Dogecoin was the biggest loser in the top 10, falling 2.2% to US$0.06, Cardano fell 1.1% to US$0.43, while Solana was little changed, dipping 0.2% to US$34.07.\n• XRP rose 2% to US$0.49 following news that Ripple Labs Inc., the firm whose payment network is powered by XRP, was listed in the CB Insights Fintech 250 for 2022 as one of theworld’s most promising Fintechcompanies.\n• XRP prices remain volatile in the face of seesaw developments in the U.S. Securities and Exchange Commission’s (SEC) ongoing lawsuit against Ripple, which was originally filed in 2020 with the SEC alleging Ripple had sold tokens as unregistered securities. On Tuesday, theSEC objectedto motions from two firms that had requested amicus briefs supporting Ripple.\n• U.S. equities were little changed on Wednesday. The Dow Jones Industrial Average lost 0.1%, while the S&P 500 and the Nasdaq Composite Index both fell 0.2%.\n• Markets flattened from a strong start to the week following data that showed the U.S. economy is still running strong with businesses adding 208,000 jobs in September — more than forecast and up from 185,000 in August —according to payroll services firm ADPon Wednesday.\n• This is seen as another signal the pace of inflation isn’t slowing and points to further interest rate increases ahead by the U.S. Federal Reserve.Inflation is now runningat 8.3% in the U.S. and the Fed has said it wants it back in the target range of 2%.\nSee related article:‘It raises really interesting questions’: How regulators are approaching DAOs', 'Bitcoin fell in Thursday morning trading in Asia but held above the US$20,000 support line. Ether also lost ground. XRP was the only token in the cryptocurrency top 10 by market capitalization to gain.\nSee related article:Is crypto money? A South Korean court says no\n• Bitcoin fell 0.9% in the past 24 hours to change hands at US$20,166 at 8 a.m. in Hong Kong. Ether dropped 0.7% to US$1,353, according todata from CoinMarketCap.\n• The leading memecoin Dogecoin was the biggest loser in the top 10, falling 2.2% to US$0.06, Cardano fell 1.1% to US$0.43, while Solana was little changed, dipping 0.2% to US$34.07.\n• XRP rose 2% to US$0.49 following news that Ripple Labs Inc., the firm whose payment network is powered by XRP, was listed in the CB Insights Fintech 250 for 2022 as one of theworld’s most promising Fintechcompanies.\n• XRP prices remain volatile in the face of seesaw developments in the U.S. Securities and Exchange Commission’s (SEC) ongoing lawsuit against Ripple, which was originally filed in 2020 with the SEC alleging Ripple had sold tokens as unregistered securities. On Tuesday, theSEC objectedto motions from two firms that had requested amicus briefs supporting Ripple.\n• U.S. equities were little changed on Wednesday. The Dow Jones Industrial Average lost 0.1%, while the S&P 500 and the Nasdaq Composite Index both fell 0.2%.\n• Markets flattened from a strong start to the week following data that showed the U.S. economy is still running strong with businesses adding 208,000 jobs in September — more than forecast and up from 185,000 in August —according to payroll services firm ADPon Wednesday.\n• This is seen as another signal the pace of inflation isn’t slowing and points to further interest rate increases ahead by the U.S. Federal Reserve.Inflation is now runningat 8.3% in the U.S. and the Fed has said it wants it back in the target range of 2%.\nSee related article:‘It raises really interesting questions’: How regulators are approaching DAOs', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin, ether and other major cryptocurrencies were trading sideways as investors fretted over new job figures and OPEC oil cuts.\nInsights:BitMEX has shifted away from Hong Kong, where it leased an entire floor of the prestigious Cheung Kong Center in 2018; the crypto exchange\'s largest office is now in Singapore.\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.\n●Bitcoin (BTC): $20,290+0.4%\n●Ether (ETH): $1,375+1.6%\n●CoinDesk Market Index (CMI): 990.23+0.7%\n●S&P 500 daily close: 3,783.28−0.2%\n●Gold: $1,728 per troy ounce+1.0%\n●Ten-year Treasury yield daily close: 3.76%+0.1\nBitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX); Gold is the COMEX spot price. Information about CoinDesk Indices can be found atcoindesk.com/indices.\nBitcoin Trades Sideways Amid Disheartening Job Figures, Oil Cuts\nBy James Rubin\nJust when prices seemed ready to lessen, new job numbers and a price-conscious OPEC damped investors\' hopes.\nAfter rising handsomely for two consecutive days, bitcoin flattened, although the largest cryptocurrency by market value remained comfortably above the psychologically important $20,000 perch it has held for much of the past week. BTC was recently trading at $20,300, up almost a half-percentage point over the past 24 hours.\nEther was recently also changing hands slightly higher from the previous day, same time, at $1,375. Other major cryptos were trading sideways and up, with XRP and LINK rising over 3% and 1.4%, respectively. The popular dog-themed meme coin DOGE recently was up about 1.5% after spending a good portion of the day in the red. Itsmoderate changesveered from the previous day, when DOGE soared more than 10% on news that one of its biggest champions, billionaire Elon Musk, would follow through on his original offer to purchase social media platform Twitter.\nThe CoinDesk Market Index (CMI), a broad-based index designed to measure the market capitalization weighted performance of the digital asset market, currently stands at 982.48, a -0.76% decrease from Tuesday.\nStocks\nEquity indexes were similarly sluggish with the tech-heavy Nasdaq, S&P 500 and Dow Jones Industrial Average (DJIA) all declining a smidgen of a percentage point. Investors on a two-day high after encouragingly negative job and productivity data points suggested that inflation might significantly diminish, returned to the risk averse behaviors that have colored their investment strategies for much of the past year.\nEarlier in the day, ADP’s Employment report on job creation in the private sector arrived hotter than expected as businesses created 208,000 jobs in September, versus consensus estimates for 200,000, and 12% higher than August\'s 185,000 total. And OPEC rocked energy markets by reducing oil production by two million barrels. Brent crude oil, a widely watched measure of energy markets, is now trading at nearly $94 a barrel less than a month after dipping to about $82, a 14% gain that could foreshadow additional increases and keep prices stubbornly high.\nIn an email, Oanda Senior Market Analyst Edward Moya said that the jobs report and the Institute for Supply Management (ISM)\'s surprisingly resilient business services reading for September on Wednesday offered false hopes that inflation would moderate enough for the Federal Reserve to pivot from its recent diet of hawkish interest rate hikes.\n"Traders were quickly reminded that the economy isn’t falling off a cliff and that the Fed might have to remain aggressive with its rate hiking cycle next year," Moya wrote, adding that "bitcoin’s fundamentals still support a healthy consolidation here and that should remain the case," short of the next une **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-10-06 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $386,010,585,204 - Hash Rate: 247871667.56178424 - Transaction Count: 278204.0 - Unique Addresses: 677796.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.26 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: : Representations of Bitcoin and pound banknotes - Dado Ruvic/ REUTERS Bitcoin is the “child of the great quantitative easing” by the likes of the Bank of England, the former Conservative Party Treasurer has claimed. Lord Michael Spence blamed the vast programme of bond buying carried out by central banks for creating a price bubble for cryptocurrencies such as bitcoin, saying the Bank of England “printed too much money” and caused a “very rapid growth in the money supply”. Cheap money inflated the cryptocurrency market into the “modern day equivalent of the Dutch tulip bubble”, said Lord Spencer, the founder of trading firm ICAP. The Dutch tulip bubble was an early example of an investment bubble, where the cost of flower bulbs in the Netherlands in the 17th Century exploded before crashing. “My feeling is bitcoin is a child of the great quantitative easing,” Lord Spencer said at an Centre for Policy Studies event on the fringes of the Conservative Party conference. However, he praised regulators for quickly clamping down on the cryptocurrency market amid concerns it has become a wild west that risks hurting ordinary investors. America's Securities and Exchange Commission (SEC) this week fined Kim Kardashian for promoting a cryptocurrency on social media in a high-profile example of the global crackdown . Quantitative easing – the Bank’s huge bond-buying programme aimed at helping to prop up the economy – has been blamed for inflating an array of investments from stocks to house prices. The Bank of England built up a huge balance sheet of £895bn of bonds after sweeping up government and corporate debt under quantitative easing. A number of senior Tory figures have blamed QE for stoking inflation, heightening concerns about the Bank of England’s independence as it tackles rapid price rises. At the same event, Lord Spencer warned that stamp duty on share trading is holding back the London stock market. The former Tory Party treasurer, who held the position from 2006 to 2010, warned that taxes on share trading are denting Britain’s chances of securing star listings. There are concerns that the UK is missing out on high-profile listings and looks set to lose the IPO of British chipmaker Arm, which was listed in London until its takeover in 2016. There has been a drought of new listings on the London market this year, with the amount raised through floats at its lowest levels since 2009. A string of takeovers have also hollowed out the market, sparking concerns about its long-term health.... - Reddit Posts (Sample): [['u/Odd-Building4858', 'KISS A Crypto Manifesto', 36, '2022-10-06 01:02', 'https://www.reddit.com/r/SafeMoon/comments/xwp7qq/kiss_a_crypto_manifesto/', 'I heard some folks on social media earlier today state that Bitcoin and all Blockchains were phony bologna, that it was evil and could be gone tomorrow. I\'m not kidding! What do you say when someone asks you to provide an opinion or personal perspective of cryptocurrency as it compares to the dollar? I mean, I\'m not against the dollar. I like crypto much better but I definitely have both! I would never outright call the US dollar a hack, but fine -- whatever.\n\n\nI gave the conversation some thought and mulled over.. I\'ve gotta be honest. I was a little shocked at first. It had been a while since I had seen so many people --or robots, I thought-- in one chat room spreading misinformation about crypto in unison. I thought, "There\'s no way this is legit!!" They were talking about security like they knew better. I thought that it might just be an opportunity to meet some people. Sure enough, I did meet someone and I wasn\'t crazy about what they had to say about crypto\'s track record since 2009. This particular guy kept talking about Mt. Gox as if he was either there or it was the only thing with which he was familiar. \n\n\nAs for me, I know that money doesn\'t typically disappear from a random blockchain unless a vulnerability was found and exploited by some low level hacker. It isn\'t impossible but this is likely uncommon in carefully built systems and contracts. Transactions also cannot revert without special software and unique authorization from one or more parties. In most cases, transactions are one-way and once sent, there is no "undo" button. This is by design. The majority of times that I\'ve seen or heard of a person losing any Bitcoin or cryptocurrency assets was due to human error, so I wasn\'t sure why he was framing crypto in this light, especially having to do with the exchange. I know security is on people\'s mind right now, though. So, in a way, I guess it made sense that he\'d cling to Mt. Gox.\n\n\nThe comments section was littered with people who were afraid that the government can\'t track you with cash and that crypto would change all of that. I would have agreed with them if it were true but it was wasn\'t.\n\n\nAt first, I felt like my time was being wasted. I was over the cold comments.I was so excited about the SWIFT piloting blockchain that the only thing left I could think about was how cool it would be to track government forfeiture auctions. My head began to ring and in no time at all, I was flooded with thoughts about crypto. We all talked for a bit, probably about an hour. I figured I have so much chat history, I\'d share it here, as well -- just in case anyone wanted to KISS.\n\nThat\'s an acronym for, "Keep It Simple, Simp!" \n\nBack to basics -- you all can use any of this if you find yourself in a conversation with someone new to crypto and just wanna throw some language to save time. \n\nAnyway, the Mt. Gox guy talked about data integrity and crypto a bit, touting a background in IT. I expected him to know that Blockchain ledgers are transparent and in most cases, immutable. He wasn\'t aware that data does not get modified or overwritten once it is finalized as an approved transaction. I simply told him that code is authority. I was surprised when he came back with a reply about centralized exchanges. So, I acknowledged him and guided the conversation to DEXes where I felt much safer to engage in the topic.\n\n\nI was surprised that most people I spoke with didn\'t know that Blockchain generally offers greater security over users\' funds when held on-chain, provided the appropriate education is provided and is made available to them. I believe that they found it interesting that these characteristics of blockchain and the way assets are attached is why it\'s so difficult for third parties to seize crypto assets over decentralized exchanges. Despite its reputation, it\'s generally more secure, I gather. Since I don\'t have anything to hide, the DEX has become my goto when I\'m looking to stuff some money under the mattress.\n\n\nAnother benefit of crypto over traditional fiat is transparency on blockchain. You can see EVERY single transaction on the ledger. So many people have been duped into believing it\'s a horrible idea -- by the same people who seek to take advantage of those who don\'t understand it. The same people who would have us believe that Bitcoin will see the end of its day soon are likely accumulating cryptocurrency as the world defers to their misinformation.\n\n\nMeanwhile, banks charge us to protect our money and they lend our funds to others as if that money actually belongs to them. Money, as a store of value, doesn\'t need to be backed by debt, yet the banks auction bonds to corporations. Fiat is backed by debt in the form of bonds, right? Fiat represents debt! Personally, I would prefer money be backed by tangible assets. Some cryptocurrency projects and blockchain companies are exploring that now. Not all blockchains share this mission and not all code is created equal. \n\n\nBlockchain technologies offer benefits greater than facilitating transactions and record keeping and that was definitely a worthy point to drive home. Technically, you could create just about anything on the appropriate blockchain. It\'s important to understand the technologies and all the subtle differences between chains. I\'m learning about that every day and am beginning to learn why they are designed to be so unique. They each have their own purpose. \n\n\nI don\'t think the people in the comments or the chat section saw cryptocurrency as a part of blockchain technology or gave much thought to difference between chains. It\'s my humble opinion that folks need to understand that blockchain is ultimately technology. These are tools much like an ATM is a tool. If someone steals an ATM, we do not blame the ATM. We blame the thief, right?\n\n\nSo. . . We talked about fiat a great deal. The more he and I talked cash, the happier he seemed.. I think it\'s a bit silly, considering the relationship between the federal reserve the central banks.. Blockchain technologies don\'t need privately owned federal reserves or a central bank. (It doesn\'t matter if a CBDC exists or not. You aren\'t bound to that currency and they can\'t force you to use their preferred currency, I don\'t think). Why do you think they want to adopt blockchain? So that they can get ahead of you and accumulate digital assets before positioning cryptocurrencies as solutions to point of sale. I found it really interesting that a few people agreed with me; but I wasn\'t surprised since two had backgrounds in traditional finance. The other said he knew a lot about trading from his time in IT. It\'s the internet. So, I tend to not believe everything I read. Regardless of experiences, I wasn\'t afraid to voice my opinion.\n\n\nI was polite and I told him that we don\'t need banks to hold our money. Why aren\'t we our own lenders? Why aren\'t we able to do what any bank can? .. Why do we need collateral or consumer credit to borrow? Guess what? With blockchain technology, we theoretically can do everything a bank does and more. \n\n\nI explained that if built correctly, liquidity becomes less of an issue and we won\'t have to beg, demand, wait for our own money to become available to us or allow someone else to dictate how we spend it.\n\n\nWe don\'t need an inflationary and infinite supply of cash that continues to be printed in front of bonds, disguised as a store of value. I feel like it\'s a facade and we are ultimately outgrowing fiat. I didn\'t say it would be completely useless because I didn\'t want to lose my audience. I remembered that money is already mostly transferred digitally now across borders. That\'s what SWIFT does; It\'s an outdated system, though.\n\n\nI think most people agree that the expansion of a regulatory framework to include an agenda that supports blockchain and cryptocurrencies should include proper definitions of modern financial services to protect its users. Proper oversight may ensure protection of consumers and hold entities accountable should they use that technology to hurt or defraud others as they have done in the past.\n\n\nThe younger gentleman said, "It\'s not the gun -- It\'s the person holding it." I agreed and said, "Yeah, same thing here but it doesn\'t have to be political," and we pretty much nipped that in the bud because I hate talking about politics online with people who are new to crypto since that\'s not what the core of crypto is about. It\'s quite the opposite, really. If anything, crypto empowers people through the evolution of technology as part of collaborative human workspace. If any technology is abused, the responsibility falls to human beings to make improvements and further the support of our financial ecosystems and economies all over the world. \n\n\nFinally, I was getting somewhere.\n\n\nBlockchain is technology and the wealthy would have us walking around, believing it\'s "a bad thing" so the top 0.1% - 1% of the world\'s wealthiest corporations, banks and tycoons transfer money from our pockets to theirs. It\'s not political. It\'s just greedy. I certainly don\'t want other people thinking about crypto in that light!\n\n\nWe can educate ourselves on blockchain technologies and the benefits -- or continue to think it is a hammer and everything is a nail. Blockchain offers a multitude of legitimate and potentially secure solutions that can be built and used to help virtually anyone across any industry. It can also be deployed with governance features so that its holders (retail) can vote on code revisions and update as agreed upon by a majority. It\'s completely transparent. You can do SO much with blockchain!! If only they knew!!\n\n\nSWIFT wants to pilot blockchain for its scalability and lightn... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 dipped under the US$20,000 support line in Friday morning trading in Asia, a price it has repeatedly fluctuated around for several weeks. Ether, the second largest token by market capitalization, was little changed and up about 2% on the week. Most other coins in CoinMarketCap’s top 10 by market capitalization were flat to lower.See related article:Markets: Bitcoin dips but holds above US$20,000, Ether falls, XRP only gainer in top 10\n• Bitcoin fell 1% in the past 24 hours to change hands at US$19,957 at 8 a.m. in Hong Kong. Ether dipped 0.1% to US$1,351, according to datafrom CoinMarketCap.\n• BNB saw the biggest losses in the top 10, dropping 2.5% to US$286 on reports the Binance Smart Chain, which hosts the BNB token, was paused after developers identified a potential exploit.\n• According to the officialBNB Twitter account: “To confirm, we have suspended BSC after having determined a potential exploit. All systems are now contained, and we are immediately investigating the potential vulnerability. We know the Community will assist and help freeze any transfers. All funds are safe.”\n• Solana fell 2.1% to US$33.36 and Dogecoin lost 2% to US$0.063, though is up 4.5% for the week following news Wednesday that Elon Musk, a long-timeproponent of the token, was going through with his planned purchase of Twitter. XRP was little changed at US$0.49 cents.\n• U.S. equities continued their downward trend on Thursday. The Dow Jones Industrial Average fell 1.2%, the S&P 500 dropped 1% and the Nasdaq Composite Index ended the day down 0.7%.\n• Investors await the release of thenon-farm payrolls report on Friday, which is expected to say the economy added 275,000 jobs in September, down from 315,000 in August, according to a survey by Dow Jones. While this number would suggest a slowing in the economy, it isn’t seen as enough to sway the U.S. Federal Reserve from its campaign of raising interest rates to beat back inflation.\n• Minneapolis Federal Reserve chiefNeel Kashkari saidat a banking conference in Minnesota on Thursday that he sees no indication inflation is peaking. Inflation is now running at 8.3% in the U.S. and the Fed has said it wants it back in the target range of 2%.\nSee related article:What does Lael Brainard’s rise in the US Federal Reserve mean for the crypto industry?', 'Bitcoin dipped under the US$20,000 support line in Friday morning trading in Asia, a price it has repeatedly fluctuated around for several weeks. Ether, the second largest token by market capitalization, was little changed and up about 2% on the week. Most other coins in CoinMarketCap’s top 10 by market capitalization were flat to lower. See related article: Markets: Bitcoin dips but holds above US$20,000, Ether falls, XRP only gainer in top 10 Fast facts Bitcoin fell 1% in the past 24 hours to change hands at US$19,957 at 8 a.m. in Hong Kong. Ether dipped 0.1% to US$1,351, according to data from CoinMarketCap . BNB saw the biggest losses in the top 10, dropping 2.5% to US$286 on reports the Binance Smart Chain, which hosts the BNB token, was paused after developers identified a potential exploit. According to the official BNB Twitter account : “To confirm, we have suspended BSC after having determined a potential exploit. All systems are now contained, and we are immediately investigating the potential vulnerability. We know the Community will assist and help freeze any transfers. All funds are safe.” Solana fell 2.1% to US$33.36 and Dogecoin lost 2% to US$0.063, though is up 4.5% for the week following news Wednesday that Elon Musk, a long-time proponent of the token , was going through with his planned purchase of Twitter. XRP was little changed at US$0.49 cents. U.S. equities continued their downward trend on Thursday. The Dow Jones Industrial Average fell 1.2%, the S&P 500 dropped 1% and the Nasdaq Composite Index ended the day down 0.7%. Investors await the release of the non-farm payrolls report on Friday , which is expected to say the economy added 275,000 jobs in September, down from 315,000 in August, according to a survey by Dow Jones. While this number would suggest a slowing in the economy, it isn’t seen as enough to sway the U.S. Federal Reserve from its campaign of raising interest rates to beat back inflation. Minneapolis Federal Reserve chief Neel Kashkari said at a banking conference in Minnesota on Thursday that he sees no indication inflation is peaking. Inflation is now running at 8.3% in the U.S. and the Fed has said it wants it back in the target range of 2%. See related article: What does Lael Brainard’s rise in the US Federal Reserve mean for the crypto industry?', 'Bitcoin dipped under the US$20,000 support line in Friday morning trading in Asia, a price it has repeatedly fluctuated around for several weeks. Ether, the second largest token by market capitalization, was little changed and up about 2% on the week. Most other coins in CoinMarketCap’s top 10 by market capitalization were flat to lower.See related article:Markets: Bitcoin dips but holds above US$20,000, Ether falls, XRP only gainer in top 10\n• Bitcoin fell 1% in the past 24 hours to change hands at US$19,957 at 8 a.m. in Hong Kong. Ether dipped 0.1% to US$1,351, according to datafrom CoinMarketCap.\n• BNB saw the biggest losses in the top 10, dropping 2.5% to US$286 on reports the Binance Smart Chain, which hosts the BNB token, was paused after developers identified a potential exploit.\n• According to the officialBNB Twitter account: “To confirm, we have suspended BSC after having determined a potential exploit. All systems are now contained, and we are immediately investigating the potential vulnerability. We know the Community will assist and help freeze any transfers. All funds are safe.”\n• Solana fell 2.1% to US$33.36 and Dogecoin lost 2% to US$0.063, though is up 4.5% for the week following news Wednesday that Elon Musk, a long-timeproponent of the token, was going through with his planned purchase of Twitter. XRP was little changed at US$0.49 cents.\n• U.S. equities continued their downward trend on Thursday. The Dow Jones Industrial Average fell 1.2%, the S&P 500 dropped 1% and the Nasdaq Composite Index ended the day down 0.7%.\n• Investors await the release of thenon-farm payrolls report on Friday, which is expected to say the economy added 275,000 jobs in September, down from 315,000 in August, according to a survey by Dow Jones. While this number would suggest a slowing in the economy, it isn’t seen as enough to sway the U.S. Federal Reserve from its campaign of raising interest rates to beat back inflation.\n• Minneapolis Federal Reserve chiefNeel Kashkari saidat a banking conference in Minnesota on Thursday that he sees no indication inflation is peaking. Inflation is now running at 8.3% in the U.S. and the Fed has said it wants it back in the target range of 2%.\nSee related article:What does Lael Brainard’s rise in the US Federal Reserve mean for the crypto industry?', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin fell below $20K in its ongoing tango with the psychologically important threshold.\nInsights:Three Arrows Capital\'s Starry Night NFT collection is worth a fraction of what the now bankrupt crypto hedge fund paid to assemble it. The crash underlines a bigger problem with the NFT market.\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.\n●Bitcoin (BTC): $20,002−1.7%\n●Ether (ETH): $1,357−1.4%\n●CoinDesk Market Index (CMI): 978.18−0.9%\n●S&P 500 daily close: 3,744.52−1.0%\n●Gold: $1,720 per troy ounce+0.5%\n●Ten-year Treasury yield daily close: 3.83%+0.07\nBitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX); Gold is the COMEX spot price. Information about CoinDesk Indices can be found atcoindesk.com/indices.\nBitcoin, Other Cryptos Slog Through Another Flat Day\nBy James Rubin\nBitcoin tip-toed around $20,000 on Thursday in its weeks-long minuet with the psychologically important threshold.\nThe largest cryptocurrency by market capitalization was recently trading just above $20,000, down about 1.7% during the past 24 hours as investors returned to more of the macroeconomic wariness that has shaped their attitudes for most of the past year. BTC spent part of the day below this level after a surprising spike in weekly jobless claims. For one of the few occasions in the past few months, a poor economic indicator discouraged markets instead of spurring them higher.\nEther was recently changing hands over $1,350, also slightly down from the previous day, same time. Other major altcoins were mixed, although tilted slightly more red than green.\nBy early Friday (UTC), Binance Smart Chain\'s native BNB tokentumbledabout 4% after the blockchain with ties to the world\'s largest crypto exchange by volume suffered what it called a "potential exploit" that on-chain evidence suggests could be in range of $500 million. In a tweet late Thursday, Binance founder Changpeng Zhao wrote that the breach on "a cross-chain bridge, BSC Token Hub," had "resulted in extra BNB, and that the company had "asked all validators to temporarily suspend BSC."\nEmbattled crypto lender Celsius Network\'s CEL token was recently off about 18% after CoinDeskreportedearlier in the day that former top executives, including founder Alex Mashinsky, cashed out $17 million before filing for Chapter 11 bankruptcy protection.\nSUSHI was among the biggest gainers, rising more than 3% at one point a day after the announcement that asset management giantGoldenTreehad invested about $5.2 million in DeFi protocol SushiSwap\'s governance token.The CoinDesk Market Index (CMI), a broad-based market index that measures the performance of a basket of cryptocurrencies, recently **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-10-07 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $383,200,147,815 - Hash Rate: 266578963.2268246 - Transaction Count: 270191.0 - Unique Addresses: 675013.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.23 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The cruise stocks to sell now all have one thing in common: cruise tourism took quite a setback during the pandemic. Though demand has recovered from last year, the top cruise liners have struggled to reach full capacity. With inflation and interest rates running rampant, it’s probably the right time for you to look at which cruise stocks to sell. It’s a terrible time for consumer discretionary industries, with the rising inflation rates eroding disposable incomes. Moreover, the ongoing conflict in Ukraine and the increase in oil prices have significantly weighed down prospects for various industries. InvestorPlace - Stock Market News, Stock Advice & Trading Tips The current economic headwinds have thrown a wrench in the plans of major cruise liners, which were looking to mount a comeback. According toBofA Global Research, the top cruise line operators will likelywitness pricing softness well into 2023 and 2024. Hence, the industry is in a major spot of bother, making it a lackluster long-term investment. [{"RCL": "CCL", "Royal Caribbean Group": "Carnival\u00a0Corporation", "$41.83": "$9.44"}, {"RCL": "NCLH", "Royal Caribbean Group": "Norwegian Cruise Lines", "$41.83": "$13.32"}] Source: NAN728 / Shutterstock.com Royal Caribbean Group(NYSE:RCL) is among the world’s top three cruise line operators, with over 85,000 employees. With its ships docked at port for the better part of the pandemic, it was forced to take up an insane amount of debt to keep itself afloat. Though recent results have been mighty encouraging, there are still plenty of red flags that make RCL one of the cruise stocks to sell before they trend any lower. During its recently-concluded second quarter, load factors came in at 82% and are expected to climb higher in the third quarter. However, bookings for the year’s second half are below historic ranges compared to 2019. The unprecedented economic conditions at this time are likely to weigh down its near-term prospects. Furthermore, RCL’s financial positioning remains a major concern. Debt levels remain sky-high while its free cash flows (FCF) remain firmly in the red. It recently announceda 39% increase in its debt offeringto $1.25 billion. The new debt will be used to roll over its old debt but will cost more than triple in terms of interest rate payments. Source: Kokoulina / Shutterstock.com Carnival Corporation(NYSE:CCL)  is the largest cruise line operator in the world in terms of market share. In 2019, it generated a whopping $20.8 billion in sales, with a remarkable EBITDA balance of $5.43 billion. However, it’s been nothing but carnage in the past couple of years. We have seen a marked increase in sales in recent quarters but its financial structure remains compromised after a couple of years of losses. Debt levels have increased by more than three times, plus stringent covenants have limited its maneuverability. CCL’s management believes inflation and supply chain problems that have weighed down recent results will likely fade away within the next few quarters. However, nothing is certain in the current economic climate. Perhaps one of the things that is more attractive about CCL compared with its peers is its beaten-down valuation. The pullback in price has made it more attractive than in the past, but it’s still one of the cruise stocks to sell because it is overpriced compared to the travel sector in general. Source: Nazar Skladanyi / Shutterstock Norwegian Cruise Lines(NYSE:NCLH) is the third-largest cruise line operator, with roughlya 15% market sharein the industry. It may sound like a broken record, but it’s the same sob story for NCLH as it is with its peers. Liquidity and profitability metrics remain a massive concern, as is with its competition. Its recently-released results have shown an uptick in fuel costs, which have weighed down company profits. Moreover, it has had to take up more debt to continue financing its operations. Its debt levels have risen by almost 95% from 2019 to the second quarter of this year. Additionally, it continues to dilute its shareholders by issuing more equity. NCLH had a track record of buying back shares in the pre-pandemic days; however, its share count almost doubled once the pandemic kicked in. Therefore, it seems unlikely that the stock price will return to its previous levels seen prior to the pandemic in the near term. 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. Muslim Farooque is a keen investor and an optimist at heart. A life-long gamer and tech enthusiast, he has a particular affinity for analyzing technology stocks. Muslim holds a bachelor’s of science degree in applied accounting from Oxford Brookes University. • Buy This $5 Stock BEFORE This Apple Project Goes Live • The Best $1 Investment You Can Make Today • Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” • It doesn’t matter if you have $500 or $5 million. Do this now. The post3 Cruise Stocks to Sell Nowappeared first onInvestorPlace.... - Reddit Posts (Sample): [['u/IHaventEvenGotADog', 'Moon Metrics - Round 31 - All the Moon data collated and graphed', 56, '2022-10-07 00:49', 'https://www.reddit.com/r/CryptoCurrency/comments/xxipxu/moon_metrics_round_31_all_the_moon_data_collated/', "I love spreadsheets, graphs, data and crypto. So I've collected all the data posted in the Moon distribution .CSV files, made some sense of it all in a spreadsheet, then made us some graphs.\n\n# Total Karma\n\nhttps://preview.redd.it/1eqkxls4j9s91.png?width=1413&format=png&auto=webp&s=7f749eb8523cc48d57167d458996e419c3c15d33\n\nThe Sum of all the karma per round\n\nA 6% increase since the last round. \nI've added the average BTC price for the 28 day Moon round to this graph as the total karma has seemed to move up and down in line with its price. \nI've done other analysis posts that show we get activity spikes when BTC fluctuates, with the most happening during dips as it seems that misery likes company.\n\nSeems like this is the new normal for activity. Who knows what shit will go down this round though.\n\n# The ratio of Moons to karma\n\nhttps://preview.redd.it/j8ucbmhdj9s91.png?width=1413&format=png&auto=webp&s=937149ef8ee1a1e8966416a3c5e933392a3665ff\n\nThe all important Moon to karma ratio. Multiply this number by your karma score to determine how many Moons you receive for each round. (Round 12 - 0.88 [Never Forget](https://www.reddit.com/r/CryptoCurrency/comments/mvzv9v/anyone_remember_that_time_last_week_when_the_moon/))\n\nThis number will naturally decline over time as the Moons released per round reduce by 2.5%.\n\n# Number of users on .CSV\n\nhttps://preview.redd.it/z6r7iokej9s91.png?width=1422&format=png&auto=webp&s=4c05077ecbdcabe79735de460f2f1fee196a8f55\n\nThis shows the number of users who earned karma for each round. The lower orange line is users with an active vault at the time the .CSV was published.\n\nThe number of users with vaults at the time of publishing the data overall averages around 56%. This doesn't indicate that only 56% of the users claim their Moons though as you have 6 months from the distribution to open your vault and claim them.\n\n# % of users with a vault \n\nhttps://preview.redd.it/mnt1yywlj9s91.png?width=1394&format=png&auto=webp&s=a97e7c6192c19bcf3c1791ee0f42142de56f0a74\n\n# Average Moons per user & Median Moons per user\n\nhttps://preview.redd.it/iau5xepxj9s91.png?width=1428&format=png&auto=webp&s=28edd7d713fafed378ab21d7395d43f9a39fab10\n\nhttps://preview.redd.it/4la2njuyj9s91.png?width=1428&format=png&auto=webp&s=3050afbb23137becaacb939f67e9c64ddc8c98bc\n\nThe average Moons earnt per user takes into account a lot of factors: number of users, Moon to karma ratio, the reduction in Moons being released per round and the total karma. \nI've finally got round to splitting this up and adding the median amount. The median Moons number is how many Moons the user halfway down the distribution list earned. \n\n\n# Moons Market Cap Rank\n\nCoinGecko sorted their shit out recently and added the circulating supply figure so we can get a rank. I've been tracking it since. \n\n\nhttps://preview.redd.it/hieqfauak9s91.png?width=1764&format=png&auto=webp&s=8a1b8c38f529a44d378ba6133f3a8bd2b92edf35\n\n# Enough graphs, show me the spreadsheet\n\nhttps://preview.redd.it/p2onilmhk9s91.png?width=1065&format=png&auto=webp&s=aa2fed13c3a19c0e4787e783ee832df4f92610eb\n\nhttps://preview.redd.it/3unxj9flk9s91.png?width=1066&format=png&auto=webp&s=e2f0038538ce9d77a166d2d6c1a738e8c21e7344\n\n(The dates are a day ahead than most of you as I live in the future in UTC+12)\n\nPrevious rounds are here:\n\n[I've been posting these since Round 14 - You can find them here if you're bothered.](https://www.reddit.com/r/CryptoCurrency/search/?q=%22moon%20metrics%20-%20round%22&restrict_sr=1&sr_nsfw=&sort=new)\n\n**TL;DR Karma goes up, ratio goes down, 1 Moon = 1 Moon, I fucking love spreadsheets.**", 'https://www.reddit.com/r/CryptoCurrency/comments/xxipxu/moon_metrics_round_31_all_the_moon_data_collated/', 'xxipxu', [['u/Relevant-Ad-8022', 10, '2022-10-07 03:33', 'https://www.reddit.com/r/CryptoCurrency/comments/xxipxu/moon_metrics_round_31_all_the_moon_data_collated/ircsjim/', 'This guy spreads the sheets', 'xxipxu']]], ['u/Antana18', 'Pretty impressive how the ETH supply has been affected by the Merge: POS vs. POW -95.54% reduction in issuance so far ‼️', 389, '2022-10-07 00:49', 'https://www.reddit.com/r/ethereum/comments/xxiq09/pretty_impressive_how_the_eth_supply_has_been/', 'Under POW around 253,000 (vs. 11,300 in POS) ETH would\nhave been issued and rewarded to miners. \n\nThis mean a lot of things:\n\n- Less selling pressure on the markets (miners need to partially sell their tokens to finance their operations)\n- Better security against 51% attacks\n- Easier way to even better decentralization and holders paying much less for security (BTC holders paid $37.25 / transaction, ETH holders earned $0.78 / transaction)\n\nOnce the gas demand increases, Ethereum will even turn deflationary!', 'https://www.reddit.com/r/ethereum/comments/xxiq09/pretty_impressive_how_the_eth_supply_has_been/', 'xxiq09', [['u/looneytones8', 79, '2022-10-07 02:29', 'https://www.reddit.com/r/ethereum/comments/xxiq09/pretty_impressive_how_the_eth_supply_has_been/irckycp/', "Where r u pulling $37.25 / tx on BTC? I haven't been paying anywhere near that", 'xxiq09'], ['u/CraftyInvestigator25', 20, '2022-10-07 02:47', 'https://www.reddit.com/r/ethereum/comments/xxiq09/pretty_impressive_how_the_eth_supply_has_been/ircn2s7/', 'No lol just reduced supply', 'xxiq09'], ['u/Aggressive_Washer', 41, '2022-10-07 02:52', 'https://www.reddit.com/r/ethereum/comments/xxiq09/pretty_impressive_how_the_eth_supply_has_been/ircnm31/', 'Eth is blowing my mind. Everyone faded the merge when we went down but man, imagine the price now if we were still pow. Its really incredible.', 'xxiq09'], ['u/domotheus', 26, '2022-10-07 02:55', 'https://www.reddit.com/r/ethereum/comments/xxiq09/pretty_impressive_how_the_eth_supply_has_been/ircnyl2/', "The figure probably includes the block reward, which is newly issued BTC that wasn't previously circulating. So in essence the *user* pays pennies to have their transactions included, but *holders* are on the hook for the rest of the $37 by having their bags diluted and devalued (dividing block reward by transaction count is a bit misleading however since the reward will happen regardless of how many transactions are included)", 'xxiq09'], ['u/cryptOwOcurrency', 102, '2022-10-07 02:55', 'https://www.reddit.com/r/ethereum/comments/xxiq09/pretty_impressive_how_the_eth_supply_has_been/irco280/', "OP is not talking about the fees that transactions pay to miners. He's talking about the issuance that gets paid to miners and which dilutes every BTC holder.\n\nIn other words, the network needs to issue $37.25 of BTC per transaction (presumably in addition to the actual transaction fee itself) to be able to secure the blocks that the transactions reside in.", 'xxiq09'], ['u/cryptOwOcurrency', 13, '2022-10-07 02:58', 'https://www.reddit.com/r/ethereum/comments/xxiq09/pretty_impressive_how_the_eth_supply_has_been/ircof1t/', "I don't think it means any of those things.\n\nMiners didn't circulate most of their ETH, they mostly sold it to pay for their electricity costs. And the general population by and large bought ETH on exchanges rather than mining it themselves, which is an expensive and technical process.", 'xxiq09'], ['u/domotheus', 19, '2022-10-07 03:14', 'https://www.reddit.com/r/ethereum/comments/xxiq09/pretty_impressive_how_the_eth_supply_has_been/ircqa65/', 'Check that chart again in 6-12 months', 'xxiq09'], ['u/cfunk2', 16, '2022-10-07 03:51', 'https://www.reddit.com/r/ethereum/comments/xxiq09/pretty_impressive_how_the_eth_supply_has_been/ircuml1/', 'They also were dumping constantly to cover mining costs, someone can run 4,000+ validators on a single i3 processor now, pretty remarkable. And you could argue that price will pump since you actually need to stake eth for rewards now', 'xxiq09'], ['u/Alecglasofer', 31, '2022-10-07 04:11', 'https://www.reddit.com/r/ethereum/comments/xxiq09/pretty_impressive_how_the_eth_supply_has_been/ircwwzi/', "What? The economy is on fire, what would make you think Ethereum isn't vulnerable to that?", 'xxiq09'], ['u/RedUser03', 14, '2022-10-07 04:40', 'https://www.reddit.com/r/ethereum/comments/xxiq09/pretty_impressive_how_the_eth_supply_has_been/ird0g0c/', 'Yeah it had absolutely nothing to do with the macro economics going on in the world /s', 'xxiq09'], ['u/domotheus', 19, '2022-10-07 05:32', 'https://www.reddit.com/r/ethereum/comments/xxiq09/pretty_impressive_how_the_eth_supply_has_been/ird6g4c/', "This bit?\n\n>Transactions achieve finality in BFTstyle, distributed networks when 66% of the aggregate financial stake in the network reaches an agreement. In other words, anyone that can accumulate more than 33% of the total value staked on the network can prevent users from finalizing transactions, reaching a consensus, and censor users.\n\nIn Ethereum's PoS design, that's not at all what would happen if someone with 33% (but less than 50%) of the stake decided to mess with finalization. Blocks would still be produced with uncensored transactions, as per the LMD-GHOST fork choice rule (which Kraken apparently doesn't know exists?), it's just the economic finality guaranteed by Casper that would have to wait a bit while the attacker is penalized by the inactivity leak penalty, which becomes faster and faster with every epoch the chain fails to finalize.\n\nIt's basically an incredibly costly attack with no concrete result beyond making users wait a bit longer than usual for their transactions to go from 99% certainty to never be reorg'd to 100%\n\nIt's pretty basic stuff, it's honestly weird how Kraken gets it wrong.", 'xxiq09']... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Any discussion regarding the best dividend stocks of all time begins and ends with the Dividend Aristocrats.They areS&P 500companies that have increased their annual dividend payment for at least 25 consecutive years. There are currently65 names on this prestigious list.\nWhile there is no question the 65 Dividend Aristocrats have staying power, that doesn’t necessarily mean they qualify for the best dividend stocks of all time.To my mind, it’s not just about increasing the annual dividend payment but also about delivering market-beating total returns.\nSo, for this article, I started with the 65 Dividend Aristocrats and whittled down the list to a manageable 10. To make the cut, the companies on this list must have a 10-year annualized total return greater than the entire U.S. market.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\n[{"LOW": "SPGI", "Lowe\\u2019s": "S&P Global", "$197.21": "$304.84"}, {"LOW": "ADP", "Lowe\\u2019s": "Automatic Data Processing", "$197.21": "$227.12"}, {"LOW": "SHW", "Lowe\\u2019s": "Sherwin-Williams", "$197.21": "$205.62"}, {"LOW": "ITW", "Lowe\\u2019s": "Illinois Tool Works", "$197.21": "$187.35"}, {"LOW": "HRL", "Lowe\\u2019s": "Hormel Foods", "$197.21": "$44.55"}, {"LOW": "APD", "Lowe\\u2019s": "Air Products & Chemicals", "$197.21": "$231.82"}, {"LOW": "ADM", "Lowe\\u2019s": "Archer-Daniels-Midland", "$197.21": "$85.47"}, {"LOW": "NUE", "Lowe\\u2019s": "Nucor", "$197.21": "$115.01"}, {"LOW": "BDX", "Lowe\\u2019s": "Becton Dickinson", "$197.21": "$222.66"}]\nSource: Helen89 / Shutterstock.com\nLowe’s(NYSE:LOW) has increased its annual dividend for 48 consecutive years. Its 10-year annualizedtotal return is 21.18%through Oct. 6, 1,131 basis points higher than the entire U.S. market. It currently yields 2.1%.\nIt’s been a little over four years since Lowe’sappointed Marvin Ellisonas its CEO. Since he took the helm in July 2018, LOW stock is up 107% compared to 35% for the S&P 500.Ellison jumped over to the home improvement retailer fromJCPenney, where he was attempting to turn the department store around. Before that, he spent 12 years atHome Depot(NYSE:HD), where he was in charge of its U.S. stores.\nIn itsQ2 2022 press release, the company statedthat it repurchased $4 billion of its stock during the quarter, paying an average price of $185.19. It’s already made money on its buyback.\nSource: katjen/ShutterStock.com\nS&P Global(NYSE:SPGI) has increased its annual dividend for 49 consecutive years. Its 10-year annualizedtotal return is 19.75%throughOct. 6, 988 basis points higher than the entire U.S. market. It currently yields 1.1%.\nS&P Global has been one of my favorite stocks to recommend in recent years.I included SPGI in a list ofstocks to buyfor the next 15 years in October 2021. It used to be called McGraw-Hill until the company sold off its McGraw-Hill Education subsidiary in November 2012 and subsequently changed its name to S&P Global.It’s been uphill ever since.\nWhen most people think of S&P Global, they probably think of its ratings business, which saw revenue decrease26%year over year in the second quarter. Or they think of indices such as the S&P 500, which had a good quarter, with revenue up 22% year over year.\nThanks in part to its merger with IHS Markit, total Q2 revenue increased 42% to $3 billion. On a pro forma basis, revenue declined 5%. Adjusted net income fell 11% to $955 million.You can be sure before too long, S&P Global will do something about IHS Markit’s lower margins.\nSource: IgorGolovniov / Shutterstock\nAutomatic Data Processing(NYSE:ADP) has increased its annual dividend for 47 consecutive years. Its 10-year annualizedtotal return is 16.49%through Oct. 6, 662 basis points higher than the entire U.S. market. It currently yields 1.8%.\nThere are21 analystscurrently covering ADP stock. Most analysts have a “hold” rating on shares with an average target price of $246.71, just 8.6% higher than where the stock is currently trading.\nDon’t be alarmed by this, though. Demand for the products and services the company offers — payroll management and human capital management — isn’t going away. That’s why ADP is expected to earn $8.02 a share in 2022 and $8.93 in 2023.\nThat means shares are trading at 25.4x2023 earnings.At first glance, this multiple probably seems high. However, it’s less than the stock’s five-year average of around 30x forward earnings.\nADP has one of the best 10-year total returns of the Dividend Aristocrats. That says something.\nSource: Ken Wolter / Shutterstock.com\nSherwin-Williams(NYSE:SHW) has increased its annual dividend for 44 consecutive years. Its 10-year annualizedtotal return is 16.05%through Oct. 6, 618 basis points higher than the entire U.S. market. It currently yields 1.1%.\nOn Sept. 15, Sherwin-Williamsannouncedthat it was partnering with the Hollywood Sign Trust togive the Hollywood sign a makeoverto celebrate its 100th anniversary in 2023. It’s been over a decade since the company last touched up the 45-foot-high sign. Only a paint company as good as Sherwin-Williams would get this plum assignment.\nSHW stock is down 41% year to date, in part because of lackluster profits. Second-quarter adjusted net income was$2.41 per share, 9.1% less than a year earlier. Higher material costs and supply chain issues cut into profits. Its gross margin in the quarter was 41.7%, 310 basis points less than a year earlier.\nSherwin-Williams stock hasn’t traded this low since August 2020. Its price-to-sales ratio is 2.8x. It hasn’t been this low since 2019. Despite headwinds, the company still expects to earn $8.65 in 2022 at the midpoint of its guidance.\nSource: Casimiro PT / Shutterstock.com\nIllinois Tool Works(NYSE:ITW) has increased its annual dividend for 58 consecutive years. Its 10-year annualizedtotal return is 13.94%through Oct. 6, 407 basis points higher than the entire U.S. market. It currently yields 2.7% afterupping its quarterly dividend payoutby 7% in August to $1.31 per share.\nThe industrial conglomerate’s goals are straightforward. It expectsorganicannual revenue growthof 3%-5%, 28% operating margins, 7%-10% annual EPS growth, and to convert 100% or more of its net income to free cash flow.\nIllinois Tool Works’ diversification is second to none. It hasseven operating segments. All seven account for at least 10% of its 2021 revenue of$14.5 billion. For 2022, the company expects $15.7 billion in revenue at the midpoint of its guidance with a free cash flow conversion rate of85% to 95% of net income.\nSource: viewimage / Shutterstock\nHormel Foods(NYSE:HRL) has increased its annual dividend for 56 consecutive years. Its 10-year annualizedtotal return is 13.4%through Oct. 6, 353 basis points higher than the entire U.S. market. It currently yields 2.3%.\nI don’t know if Spam’s resurgence is a sign of how expensive food has gotten or if it really is tastier than I imagined. Hormel recently said it is on pace tosell a record amount of Spamfor the eighth straight year. It turns out it’s trendy in Hawaiian, Asian and Pacific Island cuisine. Who knew?\nSpam is part of the company’s grocery products division. For its fiscal third quarter, ended July 31, the division’s salesincreased 24.5%year over year to$869.8 million. Spam had something to do with the increase. However, the company’s refrigerated foods business continues to generate the most revenue, accounting for 55% of sales in the most recently reported quarter.\nIn the years ahead, Hormel plans to grow its business outside the United States. International sales currently account for less than 6% of overall revenue.\nAll in all, this is a stable performer in good times and bad.\nSource: Andy Borysowski / Shutterstock.com\nAir Products & Chemicals(NYSE:APD) has increased its annual dividend for 40 consecutive years. Its 10-year annualizedtotal return is 13.23%through Oct. 6, 336 basis points higher than the entire U.S. market. It currently yields 2.8%.\nOn Oct. 6, Air Productsannouncedit wouldinvest $500 millionto build a green hydrogen production facility in Massena, N.Y. The facility can produce up to 35 metric tons per day. In addition, the site will handle liquid hydrogen distribution and dispensing operations.\nThis is part of the company’s commitment tospend $30 billionin capital over 10 years, ending in 2027. It also has a goal of reducing carbon dioxide emissionsby one-third by 2030.\nAnalysts expect the company’s earnings to increase 14% this year to $10.29 per share and 10.8% in 2023 to $11.40 per share.\nSource: Katherine Welles / Shutterstock.com\nArcher-Daniels-Midland(NYSE:ADM) has increased its annual dividend for 49 consecutive years. Its 10-year annualizedtotal return is 13.27%through Oct. 6, 340 basis points higher than the entire U.S. market. It currently yields 2%.\nArcher-Daniels-Midland and agriculture go together like peanut butter and jelly. It’s hard to imagine the agriculture industry without the company. On Sept. 30, Archer-Daniels-Midland celebrated 120 years in business.\n“Over the past 120 years, our company has evolved from a regional startup into an irreplaceable leader providing needed nutrition to billions around the globe. We’ve transformed at many moments along the way, but unlocking the power of nature to enrich lives has always been at the heart of everything we do,” ADM CEO Juan Lucianosaidina press release.\nThe best reason to invest in ADM is that it continues to improve its operations. By2025, it expects to grow earnings in thehigh single digits each year, with a minimum 10% return on invested capital and dividend payout ratio of 30% to 40%.\nAs long as Archer-Daniels-Midland continues to grow, ADM stock should outperform the index over the next 10 years.\nSource: Postmodern Studio / Shutterstock\nNucor(NYSE:NUE) has increased its annual dividend for 49 consecutive years. Its 10-year annualizedtotal return is 13.23%through Oct. 6, 336 basis points higher than the entire U.S. market. It currently yields 1.7% **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-10-08 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $373,369,172,764 - Hash Rate: 272814728.44850475 - Transaction Count: 235498.0 - Unique Addresses: 610636.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.24 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: * Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn * Graphic: World FX rates http://tmsnrt.rs/2egbfVh LONDON, Aug 19 (Reuters) - European stock indexes fell on Friday after German producer prices saw their biggest rise on record, while the dollar hit a one-month high as investors stayed cautious. Asian stocks had struggled to find direction, with concerns about the health of China's economy weighing on sentiment, and by 0820 GMT, the MSCI world equity index, which tracks shares in 47 countries, was down 0.3% on the day. In Europe, German producer prices - which are seen as a leading indicator for inflation - saw their highest ever increases in July, data released early in the session showed, as energy costs continued to surge. Energy prices were up 105% compared with July 2021, mainly due to higher prices for natural gas and electricity. Natural gas prices had hit a record closing high on Thursday . Germany's finance ministry said on Friday that the economic outlook for Germany is gloomy. Europe's STOXX 600 was down 0.4% on the day, on track for a 0.4% weekly decline too. German bond yields rose, with the 10-year yield gaining as much as 8 basis points to 1.184%, a four-week high, as the producer price data was seen as reinforcing fears of "stagflation" - a combination of high inflation and low growth. Meanwhile, UK consumer sentiment hit its lowest since at least 1974 in August, with households feeling "a sense of exasperation" about the rising cost of living. British retail sales data for July came in higher than expected, driven by a surge in online spending, but volumes are expected to resume their decline as costs rise. The Bank of England has warned that high inflation is likely to tip Britain into a recession later this year. "When market participants start to return from their holidays and look back at the past days and weeks, they will find central banks still far from having achieved their goals of reining in inflation," ING rates strategists said in a note to clients. "That means a continued tussle between central bank tightening expectations and recession fears." The threat of higher borrowing costs also hung over markets as no less than four U.S. Federal Reserve officials signalled there was more work to do on interest rates, with the only difference being on how fast and high to go. The U.S. dollar benefitted from the Fed's hawkish comments, hitting a one-month high. The dollar index was up 0.2% at 107.7 and the euro was trading at $1.008. The euro has lost 1.7% versus the dollar so far this week. Story continues The dollar also rose versus the Japanese yen, with the pair up 0.5% at 136.54. The 10-year U.S. Treasury yield climbed higher, close to a one-month high at 2.9317%. Oil prices slipped after two days of gains, set for a weekly drop as traders worried about a global economic slowdown. Bitcoin dropped sharply and hit a three-week low of $21,404. Next week, investors will be paying close attention to the minutes from the European Central Banks' July meeting, as well as comments by U.S. Federal Reserve Chair Jerome Powell when he addresses the annual global central banking conference in Jackson Hole on Aug. 26. UK and euro area "flash" PMI data is due on Aug. 23. (Reporting by Elizabeth Howcroft; Editing by Jacqueline Wong) View comments... - Reddit Posts (Sample): [['u/TwitchScrubing', "Celsius Bankrupcy Trial Updates - Insider Clawbacks HIGHLY likely | Custody Battles Continue | Krissy's 3M withdrawl and more", 148, '2022-10-08 01:44', 'https://www.reddit.com/r/CelsiusNetwork/comments/xydt2j/celsius_bankrupcy_trial_updates_insider_clawbacks/', 'Hey all! No post on the court and UCC information so figured I\'d post this here. If you guys would want me to post the UCC on YouTube let me know. \n\nVideo on all these topics if you\'d want to listen in the background / subscribe etc: [https://youtu.be/Xs\\_Z9VfZh5Y](https://youtu.be/Xs_Z9VfZh5Y) \n\n1) UCC had strongly worded phrasing basically confirming insider clawbacks will be done via the 40M + funds withdrawn these past 90 days.\n\n2) Judge and UCC both discussed a potential 2 YEAR federal and 4 year state clawbacks for insiders espcially due to fruad likely to be involved in the case. \n\n3) Krissy Mashinsky had a 2.7M withdrawl that Coffeezilla called out in an excellent thread here: [https://twitter.com/coffeebreak\\_YT/status/1578428803264970753](https://twitter.com/coffeebreak_YT/status/1578428803264970753) \n\n4) Custody might have a harder legal case due to Duke confirming the amounts were all "database entries" and NOT separated funds. Voyager had separate funds to the bank holdings they had for USD and they were given 100%. While Celsius used all intermingled funds which might put custody in the same pool as everyone potentially. This is not confirmed and will need to be discussed in the bankrupcuy courts.\n\n5) This holds custody final decisions due to the trustee needing to research more.\n\n6) The examiner can also expand their list of options due to court filings as well as if people bring up more fraud information. We should as a community make a huge "fraud" list or so and collect it. There is currently a defrauded celsians telegram that if someone sees it should post here.\n\n7) UCC focused a decent bit on maximizing recoveries and seems to understand the bitcoin mining comp is long term valuable. \n\n8) Feds wanted to know about why withholding was made, and leads into the unaccredited investor debate again. \n\nFeel free to give some discussions down below!', 'https://www.reddit.com/r/CelsiusNetwork/comments/xydt2j/celsius_bankrupcy_trial_updates_insider_clawbacks/', 'xydt2j', [['u/No_Lunch_7944', 80, '2022-10-08 02:44', 'https://www.reddit.com/r/CelsiusNetwork/comments/xydt2j/celsius_bankrupcy_trial_updates_insider_clawbacks/irgu4i1/', "They should claw back Alex's house and all his other assets and anything over $20k/year he ever earns.", 'xydt2j'], ['u/overclapper', 38, '2022-10-08 03:08', 'https://www.reddit.com/r/CelsiusNetwork/comments/xydt2j/celsius_bankrupcy_trial_updates_insider_clawbacks/irgwo2t/', 'Who the hell is ever going to deal with a US crypto company again after this.', 'xydt2j'], ['u/Code_of_Error', 46, '2022-10-08 03:29', 'https://www.reddit.com/r/CelsiusNetwork/comments/xydt2j/celsius_bankrupcy_trial_updates_insider_clawbacks/irgyzde/', "Yeah, I'm done dealing with centralized exchanges ever again. Between the data leaks, court-mandated dox, reckless leveraged trading, institutional scams, & potential retail clawbacks, this is the antithesis of what crypto was supposed to be. Mass adoption was never the point. The point was decentralization and self-custody. I'm checking out of this mess.\n\nEdit: Spelling", 'xydt2j'], ['u/ndreamer', 19, '2022-10-08 05:02', 'https://www.reddit.com/r/CelsiusNetwork/comments/xydt2j/celsius_bankrupcy_trial_updates_insider_clawbacks/irh8i6k/', "Seeing all those payments to her company as well. This was all user, investor funds which were diverted to other companies.\n\nUnbelievable how much Alex just lied.\n\nAll these transactions are trackable. If I have the time I'll start getting his public addresses to see where this money is going.", 'xydt2j'], ['u/esp211', 12, '2022-10-08 05:33', 'https://www.reddit.com/r/CelsiusNetwork/comments/xydt2j/celsius_bankrupcy_trial_updates_insider_clawbacks/irhbjm5/', 'I’m done with crypto because I’d this and I imagine a lot of people are too. I have crypto exposure through my stock portfolio and that’s enough for me.', 'xydt2j'], ['u/snower88', 11, '2022-10-08 05:58', 'https://www.reddit.com/r/CelsiusNetwork/comments/xydt2j/celsius_bankrupcy_trial_updates_insider_clawbacks/irhdrvg/', 'They should check if he siphon any other assets and cash to his family. Last but not least, send him into jail and ban such criminal from doing business in future.', 'xydt2j'], ['u/SimplyShred', 11, '2022-10-08 07:06', 'https://www.reddit.com/r/CelsiusNetwork/comments/xydt2j/celsius_bankrupcy_trial_updates_insider_clawbacks/irhjbeg/', 'I made this mistake in 2014 and regretted it each year after 2017. Buy BTC and cold storage', 'xydt2j']]], ['u/TolisKoutro', 'What are some essential books to read about Bitcoin?', 67, '2022-10-08 01:54', 'https://www.reddit.com/r/BitcoinBeginners/comments/xye0jm/what_are_some_essential_books_to_read_about/', 'Hello everyone!\n\nI am looking to get educated about Bitcoin and I like reading books. What books do you think everyone that wants to learn about Bitcoin should ready? \n\nThank you in advance.', 'https://www.reddit.com/r/BitcoinBeginners/comments/xye0jm/what_are_some_essential_books_to_read_about/', 'xye0jm', [['u/NFTY_GIFTY', 19, '2022-10-08 01:56', 'https://www.reddit.com/r/BitcoinBeginners/comments/xye0jm/what_are_some_essential_books_to_read_about/irgowx9/', 'The Bitcoin Standard is probably #1 on the list', 'xye0jm'], ['u/bitusher', 38, '2022-10-08 01:57', 'https://www.reddit.com/r/BitcoinBeginners/comments/xye0jm/what_are_some_essential_books_to_read_about/irgp1vp/', 'The best book for new users for basic and easy to use general understanding is\n\nhttps://littlebitcoinbook.com/\n\nFor understanding the economics of Bitcoin this is a good article\n\nhttps://medium.com/@vijayboyapati/the-bullish-case-for-bitcoin-6ecc8bdecc1\n\nFor a better understanding of the economics :\n\nhttps://saifedean.com/thebitcoinstandard/\n\nFor a technical background in bitcoin :\n\nhttps://www.manning.com/books/grokking-bitcoin\n\nhttps://www.oreilly.com/library/view/programming-bitcoin/9781492031482/\n\nhttps://www.oreilly.com/library/view/mastering-bitcoin-2nd/9781491954379/\n\nhttps://www.oreilly.com/library/view/mastering-the-lightning/9781492054856/\n\nhttps://www.amazon.com/dp/9090360425?psc=1&ref=ppx_yo2ov_dt_b_product_details\n\nFor free resources -\n\nhttps://www.lopp.net/bitcoin-information.html\n\nhttps://www.lopp.net/lightning-information.html\n\nhttps://10hoursofbitcoin.com/\n\nhttp://bitcoinrabbithole.org/\n\nhttps://bitcoin-resources.com\n\nhttps://www.bitcoin101.club\n\nhttps://21lessons.com', 'xye0jm']]], ['u/JimBloc', 'Small argument for Bitcoin', 26, '2022-10-08 01:59', 'https://www.reddit.com/r/Bitcoin/comments/xye462/small_argument_for_bitcoin/', "So if btc is bad for the environment, why have I completely stopped buying pointless commercial shit over the years. And put all my money into something of appreciating value. Only spending on something I really need. I feel like this is what people most done years again, when you got real interest for money in the bank. When people used to having saving.. I don't think im alone in this new way of saving.", 'https://www.reddit.com/r/Bitcoin/comments/xye462/small_argument_for_bitcoin/', 'xye462', [['u/BigDeezerrr', 17, '2022-10-08 02:44', 'https://www.reddit.com/r/Bitcoin/comments/xye462/small_argument_for_bitcoin/irgu376/', "Consumerism is probably worse for the environment than most things but is hard to measure. Ever inflating fiat incentivizes a high time preference mindset since money now is worth more than tomorrow. You know you're orange pilled when you're no longer spending money on pointless crap because Bitcoin is always there.", 'xye462'], ['u/solomonsatoshi', 13, '2022-10-08 04:17', 'https://www.reddit.com/r/Bitcoin/comments/xye462/small_argument_for_bitcoin/irh41l2/', "Changing peoples time preferences for a longer term perspective is a huge positive for Bitcoin and for everyone who adopts it...and for society in general. It empowers you and gives you greater self reliance and freedom.\n\nThe fiat debt slavery cartel does not want this and they will push whatever disingenuous FUD to convince the gullible masses not to adopt Bitcoin.\n\nBitcoin can have a major positive effect on the environment by encouraging and rewarding more savings and thrift.\n\nThe fiat debt slavery cartel only want everyone enslaved to them via debt and don't care about the people or the environment.", 'xye462']]], ['u/AutoModerator', '[Daily Discussion] - Saturday, October 08, 2022', 33, '2022-10-08 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/xyitko/daily_discussion_saturday_october_08_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/xyitko/daily_discussion_saturday_october_08_2022/', 'xyitko', [['u/dextersh', 10, '2022-10-08 08:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/xyitko/daily_discussion_saturday_october_08_2022/irhp1vj/', 'This indicator [looks interesting](https://i.imgur.com/Cu4EA7f.png). After we see another buy signal, the bottom could be in. Of course its just one of many things to consider, and it is also giving many bad signals too.\n\n*(In the image I am assum... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['With the global markets seeming poised to suffer a significant downturn, investors should prepare for this possibility by targeting cheap value stocks to buy. According to Investopedia.com , value-based investments refer to securities that trade at a price lower than the fundamentals imply . Such factors include dividends, earnings, or sales. Cheap value stocks contrast sharply with growth-centric names. While the latter enjoyed substantial momentum in 2021, at the time, the Federal Reserve accommodated such sentiments. Now that the central bank decisively pivoted to a hawkish monetary policy , growth names succumbed to massive pressure. While value plays also suffered, it\x92s broadly to a lower extent. Unusually, the market decides, for whatever reason, to harshly penalize certain companies over others. For contrarian investors, the red ink in the below cheap value stocks could represent a great opportunity considering the circumstances. InvestorPlace - Stock Market News, Stock Advice & Trading Tips DHR Danaher $268.48 AMGN Amgen $229.03 TMO Thermo Fisher $523.61 HON Honeywell $171.41 INTU Intuit $392.96 TGT Target $152.34 V Visa $183.83 Danaher (DHR) image of laptop screen displaying danaher (DHR) website Source: madamF / Shutterstock.com As a Fortune 500 science and technology innovator, Danaher (NYSE: DHR ) designs, manufactures and markets professional, medical, industrial, and commercial products and services. Recently, the company garnered attention for its coronavirus testing service. However, management warned earlier this year that demand for its diagnostics business would wane once Covid-19 becomes endemic. Still, an Edward Jones analyst saw circumstances differently, noting that \x93Covid-19 testing could become a regular or seasonal occurrence , much like flu tests are today.\x94 The expert might have a point here. However, Wall Street doesn\x92t see it that way. On a year-to-date basis through the Oct. 6 session, DHR slipped nearly 12%. While I understand some hesitation for Danaher, the bearishness might be stretching things too far. According to Gurufocus.com, DHR represents a modestly undervalued investment. The company features decent strength in its balance sheet. However, it comes alive in the growth and profitability departments, with several key performance metrics at least 60% or better against sector rivals. Therefore, DHR is an all-around solid candidate for buying cheap value stocks. Story continues Amgen (AMGN) the Amgen (AMGN) logo on a building during daylight Source: Michael Vi / Shutterstock.com An American multinational biopharmaceutical company, Amgen (NASDAQ: AMGN ) focuses on discovering, developing, manufacturing, and delivering innovative human therapeutics . To get there, Amgen leverages some of the most groundbreaking tools in the business, including advanced human genetics. Recently, the company released encouraging data regarding one of its therapeutics targeting lung cancer. Compared to other cheap-value stocks, Amgen performs comparatively well. Since the start of this year, AMGN has gained nearly 2%, which is much more than I can say about the major equity indices. Still, that seems a smooth performance, given the underlying relevancies. Indeed, Gurufocus.com labels AMGN as modestly undervalued . Amgen offers a range of solid income statement metrics relative to the pharmaceutical industry. For instance, its three-year revenue growth rate stands at 8.3%, which ranks better than nearly 58% of its peers. However, the biggest highlights center on the company\x92s profitability indicators. A notable stat is its net margin of 25%, rated better than 92% of pharma competitors. Thermo Fisher (TMO) A Thermo Fisher Scientific sign out front of an office in Silicon Valley, California. Source: Michael Vi / Shutterstock.com An American supplier of scientific instrumentation, reagents, and consumables, along with software services, Thermo Fisher (NYSE: TMO ) essentially represents the stagehand of the broader scientific industry. While it might not be the star of the show, research and development couldn\x92t happen without Thermo Fisher\x92s product empire. Therefore, TMO should qualify as a strong value play under any circumstance. However, at this juncture, it\x92s also one of the cheap value stocks to buy. In the price chart, TMO is down more than 16% against its January opener. Fortunately, the volatility has died off in recent sessions. Still, in the trailing month, TMO declined by 2%. Wall Street might be acting irrationally here. According to Gurufocus.com, Thermo Fisher\x92s business is modestly undervalued . The company features a decent balance sheet, with an Altman Z-Score of 4.06, reflecting limited bankruptcy risk. More importantly, it commands excellent growth and profitability metrics. TMO\x92s three-year revenue growth rate stands at 18%, better than over 63% of the competition. Additionally, its net margin of 17.4% ranks higher than nearly 80% of the medical diagnostics and research sector. Honeywell (HON) Honeywell (HON) logo on front of glass building Source: josefkubes / Shutterstock.com A multinational industrial conglomerate and applied sciences firm, Honeywell (NASDAQ: HON ) essentially does everything. Honeywell integrates relevancies across the broader business ecosystem from the mundane (from pre-pandemic standards), such as N95 masks, to the most innovative sectors, such as aerospace. When faced with a possible recession, it might be helpful to have a jack-of-all-trades investment. Wall Street broadcasts differing views like the other cheap value stocks. Since the start of 2022, HON has declined more than 15%. Part of the challenge associated with conglomerates is that they spread vulnerabilities across a wide surface. Therefore, investors may have lost their nerve with HON. Over time, though, former stakeholders might regret their decision. Per Gurufocus.com, HON rates as modestly undervalued . Contrarian investors will appreciate its robust profitability metrics. For instance, Honeywell features a return on equity of 28%, superior to 91% of its peers. As well it enjoys decent strengths in the balance sheet. For instance, its debt-to-EBITDA ratio pings at 2.3x, conspicuously lower than the industry median\x92s 3.4x. Intuit (INTU) Intuit and turbotax logo on a phone screen on top of a keyboard. INTU stock. Source: Julio Ricco / Shutterstock One of my favorite ideas to discuss regarding cheap value stocks, tax, and accounting software provider Intuit (NASDAQ: INTU ) deserves your attention. Primarily, my argument centers on the burgeoning gig economy. Several projections demonstrate that gross volume for this sector will increase noticeably in the years ahead. However, it\x92s essential to realize that employees and gig workers (independent contractors) have different tax profiles. You can research the differences on your own, but the short of it is that gig workers\x92 taxes are pound-for-pound much more complicated than employees\x92 W2 filings. Therefore, Intuit represents a great fundamental value on the front and back ends (accounting and tax filings). Unfortunately, Wall Street doesn\x92t recognize this thesis, penalizing INTU with a 35% below-parity YTD performance. Its loss is your gain. Per Gurufocus.com, Intuit commands a modestly undervalued business . This is one of the rare cheap value stocks to buy, which features overall strengths: a solid balance sheet, excellent growth metrics, and robust profitability indicators. Target (TGT) Image of the Target logo on a storefront. Source: jejim / Shutterstock.com For the riskier portion of cheap value stocks, we\x92ll visit big-box retailer Target (NYSE: TGT ). Frankly, I hesitated to include this company on this list. Generally, its rival, shall not be named, enjoys a \x93better\x94 market performance, down 9% for the year. In sharp contrast, TGT hemorrhaged nearly 33% of its value during the same period. Earlier this year, famous hedge-fund manager Michael Burry aimed at retailers like Target because of the bullwhip effect . Long story short, retailers overstated how much consumer demand will exist in the post-pandemic new normal. Now, many companies have a massive excess-inventory problem. While I don\x92t necessarily disagree, it\x92s fair to point out that Target benefits from everyday acquisitions. Now, people go to Target not just for discretionary purchases but also for the necessities like food. Interestingly, Gurufocus.com labels TGT as significantly undervalued . Believe it or not, against longer-term frameworks, Target enjoys solid growth and profitability metrics relative to its industry. If you\x92re a dice roller, TGT could be an enticing idea among cheap value stocks to buy. Visa (V) several Visa branded credit cards Source: Kikinunchi / Shutterstock.com Mathematically speaking, financial services provider Visa (NYSE: V ) represents one of the cheap value stocks. Should you buy it, in any case? That\x92s where the narrative gets tricky. With Americans facing a possible recession with near-record levels of credit card debt , you\x92d imagine the first thing they will do is to try to get out of said liability. From that angle, V stock seems to tempt a bearish trajectory. In the market, Visa shares fell more than 16% YTD, so understandably, investors have concerns. On the other hand, financial credit allows some households to stretch their budgets to make ends meet. It\x92s a cynical view, sure, but it happens. And that should theoretically bolster Visa\x92s business. Now onto the math; Gurufocus.com considers V stock as significantly undervalued . Buying Visa stock is tempting because it just seems too cheap relative to the fundamentals. It features a favorable cash-to-debt ratio compared to industry norms. Regarding growth and profitability metrics, Visa owns excellent performance stats. Again, it\x92s tricky, with the complexities stemming from possible macro headwinds. Still, Vis **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-10-09 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $372,129,113,300 - Hash Rate: 246312726.25636423 - Transaction Count: 211238.0 - Unique Addresses: 553851.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.22 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Believe it or not, the stock market appears to not be on the brink of implosion. This pleasantly surprising reality therefore draws attention to certain stocks to buy this week. Whether it’s because a public firm received a rating upgrade or economic dynamics tilted favorably, some public companies are benefitting from the pivot. To be fair, prospective investors will want to run a tight ship. While the benchmarkSPDR S&P 500 ETF Trust(NYSEARCA:SPY) gained nearly 13% over the trailing month, the fund is still down double digits for the year. Anything can still happen in this market so approach the stocks to buy this week carefully. InvestorPlace - Stock Market News, Stock Advice & Trading Tips [{"AOUT": "RHI", "American Outdoor Brands": "Robert Half", "$9.07": "$82.32"}, {"AOUT": "JWN", "American Outdoor Brands": "Nordstrom", "$9.07": "$24.37"}, {"AOUT": "WRBY", "American Outdoor Brands": "Warby Parker", "$9.07": "$17.22"}, {"AOUT": "APRN", "American Outdoor Brands": "Blue Apron", "$9.07": "$3.81"}, {"AOUT": "LTHM", "American Outdoor Brands": "Livent", "$9.07": "$30.03"}, {"AOUT": "MGM", "American Outdoor Brands": "MGM Resorts", "$9.07": "$35.60"}] Source: Pavel Kapysh / Shutterstock.com Heading into the weekend, shares ofAmerican Outdoor Brands(NASDAQ:AOUT) gave stakeholders a reason to smile, shooting up 3%. Over the trailing week, however, American Outdoor has been much more impressive, gaining a hearty 18%. Fundamentally, the company appears to benefit from shifting consumer behaviors. In short, the “revenge travel” component of the consumer economy remains strong. And that’s really no surprise. After a two-year period of pandemic-related lockdowns and mitigation measures, people want to actualize the experiences they missed out on. With American Outdoor specializing in products geared for its namesake endeavor, investors are looking into AOUT. To be fair, American Outdoorreported waning sales and an earnings per share lossin its fiscal fourth quarter. However, traders could be speculating that as inflation crimps household savings, people will prefer cheaper vacation experiences, such as camping. Therefore, it’s worth putting AOUT on your radar for stocks to buy this week, especially because of its momentum. Source: Casimiro PT / Shutterstock.com From a year-to-date perspective, employment placement services firmRobert Half(NYSE:RHI) appears disappointing, shedding nearly 25% of market value. However, RHI stock had a solid day on Friday, popping up 1.4% heading into the weekend. Also, for the trailing week, the company gained over 4% of market value. So, why the sudden pivot to the upside? It’s the “R” word called regret. Several months ago, many worker bees participated in the other “R” word called resignation. However, a recentCNBCreport suggested that more than a quarter of workersregret participating in the so-called Great Resignation. “Employees were feeling drunk with power,” said James Bailey, a professor of leadership development at George Washington University School of Business. “Now, they’ve sobered up.” Did they ever. You can talk all you want about the robust July jobs report. The technology sector still islaying off people, meaning that RHI is one of the relevant stocks to buy this week. Source: Jonathan Weiss / Shutterstock.com Department store giantNordstrom(NYSE:JWN) represents a nuanced hedge against the thesis above for Robert Half. One particular component of the company’s business – the discount brand called Nordstrom Rack – may enjoy higher demand. How come? With so many people in high-paying jobs getting the boot, people will have to upgrade their wardrobe. Further, the upgrading won’t likely be for just the interviews. Should companies hire new workers, I’m not too sure they will immediately grant them work-from-home privileges. Admittedly, this is a cynical argument for JWN. But it might work, making it one of the stocks to buy this week. If I may somewhat contradict myself, the robust jobs report – while it may not have helped the tech sector – suggests that the consumer discretionary economy may not be as bad as we previously thought. Therefore, JWN could enjoy organic demand. Over the past week, Nordstrom gained nearly 3% of market value. Source: Dev Chatterjee / Shutterstock.com Layoffs are crummy. However, getting rid of human overhead may helpWarby Parker(NYSE:WRBY) in the long run. Focusing on affordable eyewear, Warby Parker has seen better days. Since the start of this year, shares have plunged more than 62%. Early last week,CNNreported that Warby – which pioneered the direct-to-consumer model for stylish eyewear under $100 –announced job cuts. Management cited an uncertain economic environment. The company will eliminate 63 corporate positions, translating to 2% of its total employees. However, stakeholders appreciated the news. Over the trailing week, WRBY has gained more than 36%. In the trailing month, shares are on the cusp of returning 49%. Along with the implied reduced cost structures, Warby Parker benefits from a relevant underlying business. By 2050, experts predict thatnearly half of the world will suffer from myopia. Again, it’s cynical, but it makes for an interesting name among stocks to buy this week. Source: Roman Tiraspolsky / Shutterstock.com Just mentioning the nameBlue Apron(NYSE:APRN) might turn off some folks and I get it. A long-embattled public company, Blue Apron specializes in meal-kit deliveries. While the concept was initially intriguing, the problem stemmed from viability concerns. Among its many challenges, the company continued to post consecutive and often rising net losses. Without a clear path to profitability, APRN sunk. Blue Apron shares are down almost 44% YTD. Since its first public closing price in June 2017, APRN hemorrhaged 97% of market value. Nevertheless, the security skyrocketed about 25% during the trailing week. What’s going on here? Turns out, Lake Street Capitalinitiated coverageon APRN with a “buy” rating along with a $9 price target. This forecast represents a 136% lift. Lake Street isn’t the only bull in town, with Canaccord Genuity also setting a “buy” rating. Possibly, analysts feel optimistic about the resilience of the consumer economy and labor force. Therefore, keep APRN on your radar for stocks to buy this week. Source: tunasalmon / Shutterstock Marketed as a provider of high-performance lithium products and solutions,Livent(NASDAQ:LTHM) has long been a relevant name. With powerful political initiatives such as theInflation Reduction Act– which earmarks billions for climate-change solutions – LTHM could swing higher. After all, electric vehicles foster zero-emissions transportation (at least on the roadways). However, they depend on lithium to do their thing. Sure enough, Livent represents one of the few non-hydrocarbon-related public firms to print green for the year. Shares are up nearly 17% YTD. However, recent momentum contributed substantially to this status. In the trailing week, LTHM shot up 14% while in the trailing month, the stock gained nearly 50%. Likely, China provided the fundamental catalyst. With the No. 2 economy in the worldloosening certain Covid-related restrictions, China’s ravenous appetite for lithium might rise. Per a 2017 article from theNew York Times,Beijing has long targeted EVs. Therefore, a swing higher for LTHM simply follows natural cadences. This is one of the stocks to buy this week for momentum traders. Source: Michael Neil Thomas / Shutterstock.com The bullish argument forMGM Resorts(NYSE:MGM) ties in with what you may call theRobert De Niro effect. In the final voiceover scenes for the filmCasino, De Niro’s character bemoaned that the big corporations took over Las Vegas. Now, instead of gamblers, you see pensioners and families with children dominating traffic on the Strip. Put another way, Americans generally enjoy the experience of gambling rather than the gambling act itself. Therefore, public gaming firms – at least with their Las Vegas units – tend to feature non-gambling revenue making up the majority of total sales. However, it’s different in Macau. Indeed, in Macau – the special autonomous region of China – people go there to gamble. Casino-related revenues dominate the picture for total operations. Therefore, many Vegas icons (including MGM) have pivoted to Asia. Of course, withChina’s crackdown on Covid-19 detrimentally impacting Macau, casino firms have suffered. However, in the long run, this headwind represents a temporary inconvenience. Therefore, contrarians may consider MGM as one of the stocks to buy this week. 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. A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. • Buy This $5 Stock BEFORE This Apple Project Goes Live • The Best $1 Investment You Can Make Today • Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” • It doesn’t matter if you have $500 or $5 million. Do this now. The post7 Stocks to Buy This Weekappeared 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:** ['Bitcoin has gained slightly but was still trading below US$20,000 on Monday morning in Asia, having fallen below that support line late last week after fluctuating around that level for most of the past month. Ether and the rest of the crypto top 10 by market capitalization also rose slightly, with XRP seeing by far the most gains.\nSee related article:Markets: Bitcoin dips; BNB drops on chain glitch; Ether, XRP little changed\n• Bitcoin rose 0.1% in the past 24 hours to trade at US$19,439 at 8 a.m. in Hong Kong, while Ether fell 0.5% to US$1,321, according todata from CoinMarketCap.\n• XRP gained 3.4% to change hands at US$0.53, bringing its gains for the past seven days to 18.9%, by far the most for any token in CoinMarketCap’s top 10. These gains come amid a series ofpositive developments for Ripple Labs Inc., the firm whose payment network is powered by XRP, in its ongoing lawsuit with the U.S. Securities and Exchange Commission.\n• Most other tokens were trading higher, though were little changed. Dogecoin rose 0.8% to US$0.06, Solana was up 0.1% at US$32.90 and BNB gained 0.7% to US$278.\n• U.S. equities closed lower in Friday trading. The Dow Jones Industrial Average fell 2.1%, the S&P 500 Index dropped 2.8% and the Nasdaq Composite Index finished the day down 3.8%, leaving the tech-dominated index less than 1% above its low for the year.\n• These losses followed news that the U.S. economy had added 263,000 jobs in September, while the employment rate fell from 3.7% to 3.5%, according to data the Labor Departmentreleased on Friday. The tight labor market suggested the Federal Reserve’s efforts to tackle inflation through raising interest rates has not been as effective as hoped.\n• Fed Chair Jerome Powell has said the central bank will continue to raise interest rates until a target inflation rate of 2% is achieved, even if it risks pushing the economy into a recession. Inflation in the U.S. is running at 8.3% for the 12 months ending in August.Market analysts at CME Groupare predicting an 82% chance the Fed will raise rates by a further 75 basis points at its next meeting in November.\nSee related article:Middle East & North Africa lead crypto adoption driven by inflation, remittance payments: Chainalysis', 'Bitcoin has gained slightly but was still trading below US$20,000 on Monday morning in Asia, having fallen below that support line late last week after fluctuating around that level for most of the past month. Ether and the rest of the crypto top 10 by market capitalization also rose slightly, with XRP seeing by far the most gains. See related article: Markets: Bitcoin dips; BNB drops on chain glitch; Ether, XRP little changed Fast facts Bitcoin rose 0.1% in the past 24 hours to trade at US$19,439 at 8 a.m. in Hong Kong, while Ether fell 0.5% to US$1,321, according to data from CoinMarketCap . XRP gained 3.4% to change hands at US$0.53, bringing its gains for the past seven days to 18.9%, by far the most for any token in CoinMarketCap’s top 10. These gains come amid a series of positive developments for Ripple Labs Inc. , the firm whose payment network is powered by XRP, in its ongoing lawsuit with the U.S. Securities and Exchange Commission. Most other tokens were trading higher, though were little changed. Dogecoin rose 0.8% to US$0.06, Solana was up 0.1% at US$32.90 and BNB gained 0.7% to US$278. U.S. equities closed lower in Friday trading. The Dow Jones Industrial Average fell 2.1%, the S&P 500 Index dropped 2.8% and the Nasdaq Composite Index finished the day down 3.8%, leaving the tech-dominated index less than 1% above its low for the year. These losses followed news that the U.S. economy had added 263,000 jobs in September, while the employment rate fell from 3.7% to 3.5%, according to data the Labor Department released on Friday . The tight labor market suggested the Federal Reserve’s efforts to tackle inflation through raising interest rates has not been as effective as hoped. Fed Chair Jerome Powell has said the central bank will continue to raise interest rates until a target inflation rate of 2% is achieved, even if it risks pushing the economy into a recession. Inflation in the U.S. is running at 8.3% for the 12 months ending in August. Market analysts at CME Group are predicting an 82% chance the Fed will raise rates by a further 75 basis points at its next meeting in November. See related article: Middle East & North Africa lead crypto adoption driven by inflation, remittance payments: Chainalysis', 'Bitcoin has gained slightly but was still trading below US$20,000 on Monday morning in Asia, having fallen below that support line late last week after fluctuating around that level for most of the past month. Ether and the rest of the crypto top 10 by market capitalization also rose slightly, with XRP seeing by far the most gains.\nSee related article:Markets: Bitcoin dips; BNB drops on chain glitch; Ether, XRP little changed\n• Bitcoin rose 0.1% in the past 24 hours to trade at US$19,439 at 8 a.m. in Hong Kong, while Ether fell 0.5% to US$1,321, according todata from CoinMarketCap.\n• XRP gained 3.4% to change hands at US$0.53, bringing its gains for the past seven days to 18.9%, by far the most for any token in CoinMarketCap’s top 10. These gains come amid a series ofpositive developments for Ripple Labs Inc., the firm whose payment network is powered by XRP, in its ongoing lawsuit with the U.S. Securities and Exchange Commission.\n• Most other tokens were trading higher, though were little changed. Dogecoin rose 0.8% to US$0.06, Solana was up 0.1% at US$32.90 and BNB gained 0.7% to US$278.\n• U.S. equities closed lower in Friday trading. The Dow Jones Industrial Average fell 2.1%, the S&P 500 Index dropped 2.8% and the Nasdaq Composite Index finished the day down 3.8%, leaving the tech-dominated index less than 1% above its low for the year.\n• These losses followed news that the U.S. economy had added 263,000 jobs in September, while the employment rate fell from 3.7% to 3.5%, according to data the Labor Departmentreleased on Friday. The tight labor market suggested the Federal Reserve’s efforts to tackle inflation through raising interest rates has not been as effective as hoped.\n• Fed Chair Jerome Powell has said the central bank will continue to raise interest rates until a target inflation rate of 2% is achieved, even if it risks pushing the economy into a recession. Inflation in the U.S. is running at 8.3% for the 12 months ending in August.Market analysts at CME Groupare predicting an 82% chance the Fed will raise rates by a further 75 basis points at its next meeting in November.\nSee related article:Middle East & North Africa lead crypto adoption driven by inflation, remittance payments: Chainalysis', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin and other cryptos have yet to receive much inspiration in what has historically been a strong month.\nInsights:Layer 1 protocols Solana and BNB had a difficult week, reminding crypto observers that they are not yet ready to challenge Ethereum.\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.\n●Bitcoin (BTC): $19,406−0.2%\n●Ether (ETH): $1,318+0.1%\n●CoinDesk Market Index (CMI): 960.70+0.4%\n●S&P 500 daily close: 3,639.66−2.8%\n●Gold: $1,705 per troy ounce+0.3%\n●Ten-year Treasury yield daily close: 3.88%+0.06\nBitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX); Gold is the COMEX spot price. Information about CoinDesk Indices can be found atcoindesk.com/indices.\nA Sideways Weekend for Bitcoin as the Next Inflation Report Nears\nBy James Rubin\nNine days into the usually bustling crypto month of October, bitcoin has yet to find inspiration.\nThe largest cryptocurrency by market capitalization was recently trading about $19,400, roughly flat over the past 24 hours and about where it started the weekend. BTC spurted briefly early last week amid encouraging data suggesting that the economy was slowing and inflation might soon lessen, only to plunge below $20,000 as fresher employment indicators suggested otherwise.\n"Bitcoin\'s failure to breach $20,500 has led to a correction," said Joe DiPasquale, CEO of crypto asset manager BitBull Capital, wrote to CoinDesk. "Now the bulls will need to defend $19,500 in order to keep chances of a rally alive."\nEther was recently changing hands slightly above $1,300, also flat from Saturday same time, and the previous day. The second largest crypto in market value has been sharing many of the same daily fluctuations with bitcoin since last month\'s Merge, the technological overhaul that is leading to a more energy-efficient Ethereum blockchain. The Merge\'s benefits will occur over time, so ether is likely to continue being part of wider, crypto price trends.\nMost other major altcoins were recently trading sideways, with XRP and XLM up approximately 5% and 2.7%, respectively but popular meme coin DOGE off about 2%. The Crypto Fear and Greed Index, a measure of investor sentiment continues to lag in fear territory, about where it has lingered for weeks.\nThe CoinDesk Market Index (CMI), a broad-based market index that measures the performance of a basket of cryptocurrencies, rose slightly.\nStocks\nEquity markets ended the trading week in a three-day depression after an upbeat Monday and Tuesday. The tech-heavy Nasdaq, S&P 500 and Dow Jones Industrial Average (DJIA) dropped 3.8%, 2.8% and 2.1%, respectively after non-farm payrolls increased by 263,000, a 17% decrease from August, but more than the projected 250,000. Slackening employment and manufacturing indicators earlier in the week had given investors hope of the sort of economic slowdown that would enable the Federal Reserve to scale back its curr **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-10-10 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $372,932,880,008 - Hash Rate: 281762541.4868823 - Transaction Count: 258286.0 - Unique Addresses: 619704.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.22 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Sam Bankman-Fried, the crypto billionaire who has been bailing out distressed industry players in recent months, is considering bidding for the assets of bankrupt lender Celsius Network, according to a person familiar with his deal-making. FTX is also in the process of raising a $1 billion funding round, the same person said. That round hasn’t closed yet or been made public. In addition to its lending business, Celsius, which filed for bankruptcy in July, owns large Bitcoin mining operations and a crypto custody business. It’s unclear if Bankman-Fried’s crypto companies -- the FTX crypto exchange or trading firm Alameda Research -- are considering bidding for some or all of Celsius’s assets. Listen: What Links Alameda, FTX and Sam Bankman-Fried? (Podcast) Celsius’s token, Cel, jumped as much as 9.9% on the development before retreating again, according to data from CoinGecko. Bankman-Fried already scooped up the assets of bankrupt crypto brokerage Voyager Digital Ltd. in an agreement valued at about $1.4 billion. Earlier this year, FTX propped up the crypto platform BlockFi and was exploring a potential takeover of Robinhood Markets Inc., in which Bankman-Fried owns a stake. He is estimated to own more than 50% of FTX US, and almost all of Alameda. Read more: Quant Shop With Ties to FTX Powers Bankman-Fried’s Crypto Empire Celsius’s Chief Executive Officer Alex Mashinsky resigned Tuesday, and the company and its creditors are considering a slew of alternatives, ranging from restructuring to liquidation. In August, the company said it received multiple offers of fresh cash to help fund its restructuring process. Read more: Celsius CEO Resigns as Bankrupt Crypto Firm Works to Survive (Updates with move in Celsius’s token Cel in the fourth paragraph.) More stories like this are available on bloomberg.com ©2022 Bloomberg L.P.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin and Ether fell along with all other top ten cryptocurrencies by market capitalization in Tuesday morning trading in Asia, with the world’s largest cryptocurrency barely holding at the support line of US$19,000, a mark it has fluctuated around for much of the past month.\nSee related article:Markets: Bitcoin rises but remains below US$20,000; Ether gains, XRP leads crypto top 10\n• Bitcoin fell 1.6% in the past 24 hours to trade at US$19,141 at 8 a.m. in Hong Kong, while Ether fell 2.4% to US$1,291, according to datafrom CoinMarketCap.\n• XRP saw the largest losses in CoinMarketCap’s top ten, falling 6.9% to US$0.49. Despite this downturn, XRP is still trading up 7.3% for the past seven days following aseries of positive developmentsfor Ripple Labs Inc., — the firm whose payment network is powered by XRP — in its ongoing lawsuit with the U.S. Securities and Exchange Commission.\n• Leading memecoin Dogecoin was down 4.3% to US$0.059, Cardano dropped 5% to US$0.40 and Solana fell 2.8% to US$31.97.\n• U.S. equities closed Monday lower as well. The Dow Jones Industrial Average dropped 0.3%, the S&P 500 Index fell 0.8% and the Nasdaq Composite Index finished the day down 1%.\n• More than three-quarters of the 45 economists who compiled theNABE October 2022 Outlook Surveybelieve there is less than a 50% chance the U.S. economy will achieve a ‘soft landing’ as a result of the Federal Reserve’s campaign to tackle inflation by raising interest rates. The National Association for Business Economics released the report on Monday, which also found that more than half the panelists said the greatest downside risk to the economy is too much monetary tightness by the Fed.\n• The Fed is committed to its campaign of raising interest rates until inflation — which was running at 8.3% for the 12 months to August — falls to a target level of 2%. Fed Chair Jerome Powell has said this can be done while achieving a ‘soft landing’ for the economy — that is, not tipping it into recession.\nSee related article:A bear market may be painful, but it’s good for DAOs', 'Bitcoin and Ether fell along with all other top ten cryptocurrencies by market capitalization in Tuesday morning trading in Asia, with the world’s largest cryptocurrency barely holding at the support line of US$19,000, a mark it has fluctuated around for much of the past month.\nSee related article:Markets: Bitcoin rises but remains below US$20,000; Ether gains, XRP leads crypto top 10\n• Bitcoin fell 1.6% in the past 24 hours to trade at US$19,141 at 8 a.m. in Hong Kong, while Ether fell 2.4% to US$1,291, according to datafrom CoinMarketCap.\n• XRP saw the largest losses in CoinMarketCap’s top ten, falling 6.9% to US$0.49. Despite this downturn, XRP is still trading up 7.3% for the past seven days following aseries of positive developmentsfor Ripple Labs Inc., — the firm whose payment network is powered by XRP — in its ongoing lawsuit with the U.S. Securities and Exchange Commission.\n• Leading memecoin Dogecoin was down 4.3% to US$0.059, Cardano dropped 5% to US$0.40 and Solana fell 2.8% to US$31.97.\n• U.S. equities closed Monday lower as well. The Dow Jones Industrial Average dropped 0.3%, the S&P 500 Index fell 0.8% and the Nasdaq Composite Index finished the day down 1%.\n• More than three-quarters of the 45 economists who compiled theNABE October 2022 Outlook Surveybelieve there is less than a 50% chance the U.S. economy will achieve a ‘soft landing’ as a result of the Federal Reserve’s campaign to tackle inflation by raising interest rates. The National Association for Business Economics released the report on Monday, which also found that more than half the panelists said the greatest downside risk to the economy is too much monetary tightness by the Fed.\n• The Fed is committed to its campaign of raising interest rates until inflation — which was running at 8.3% for the 12 months to August — falls to a target level of 2%. Fed Chair Jerome Powell has said this can be done while achieving a ‘soft landing’ for the economy — that is, not tipping it into recession.\nSee related article:A bear market may be painful, but it’s good for DAOs', 'Bitcoin and Ether fell along with all other top ten cryptocurrencies by market capitalization in Tuesday morning trading in Asia, with the world’s largest cryptocurrency barely holding at the support line of US$19,000, a mark it has fluctuated around for much of the past month. See related article: Markets: Bitcoin rises but remains below US$20,000; Ether gains, XRP leads crypto top 10 Fast facts Bitcoin fell 1.6% in the past 24 hours to trade at US$19,141 at 8 a.m. in Hong Kong, while Ether fell 2.4% to US$1,291, according to data from CoinMarketCap . XRP saw the largest losses in CoinMarketCap’s top ten, falling 6.9% to US$0.49. Despite this downturn, XRP is still trading up 7.3% for the past seven days following a series of positive developments for Ripple Labs Inc., — the firm whose payment network is powered by XRP — in its ongoing lawsuit with the U.S. Securities and Exchange Commission. Leading memecoin Dogecoin was down 4.3% to US$0.059, Cardano dropped 5% to US$0.40 and Solana fell 2.8% to US$31.97. U.S. equities closed Monday lower as well. The Dow Jones Industrial Average dropped 0.3%, the S&P 500 Index fell 0.8% and the Nasdaq Composite Index finished the day down 1%. More than three-quarters of the 45 economists who compiled the NABE October 2022 Outlook Survey believe there is less than a 50% chance the U.S. economy will achieve a ‘soft landing’ as a result of the Federal Reserve’s campaign to tackle inflation by raising interest rates. The National Association for Business Economics released the report on Monday, which also found that more than half the panelists said the greatest downside risk to the economy is too much monetary tightness by the Fed. The Fed is committed to its campaign of raising interest rates until inflation — which was running at 8.3% for the 12 months to August — falls to a target level of 2%. Fed Chair Jerome Powell has said this can be done while achieving a ‘soft landing’ for the economy — that is, not tipping it into recession. See related article: A bear market may be painful, but it’s good for DAOs', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin\'s late dip doesn\'t shake it from its $19K perch.\nInsights:What is Logan Paul\'s "Bumblebee" NFT worth? Probably more than some observers thought.\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.\n●Bitcoin (BTC): $19,050−2.0%\n●Ether (ETH): $1,280−3.3%\n●CoinDesk Market Index (CMI): 936.68−2.7%\n●S&P 500 daily close: 3,612.39−0.7%\n●Gold: $1,678 per troy ounce−1.3%\n●Ten-year Treasury yield daily close: 3.89%+0.005\nBitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX); Gold is the COMEX spot price. Information about CoinDesk Indices can be found atcoindesk.com/indices.\nBitcoin\'s Late Dip Doesn\'t Shake It From Its $19K Perch\nby James Rubin\nBitcoin continued its recent sedentary lifestyle on Monday, and the trend seems likely to continue, at least until the next inflation report later this week.\nThe largest cryptocurrency by market capitalization spent much of the day trading sideways before a late dip took it down roughly 2% over the past 24 hours and recently trading at $19,050. BTC has held steady between $19,000 and $19,500 for much of the past four days as investors wait for convincing evidence that inflation is slowing meaningfully – or not.\nThis Thursday, the Bureau of Labor Statistics latest Consumer Price Index (CPI) is widely expected to show a slight decrease from last month\'s 8.3 reading, hardly enough to sway current U.S. central bank, monetary hawkishness and allay fears of a harsh recession. Both events would hurt riskier assets, including crypto.\n"I suspect that inflation will remain quite high," Octavio Marenzi, CEO and founder of management consultancy Opimas, told CoinDesk TV\'s First Mover program.\nHe added: "That is going to tie the Fed\'s hands. They are going to have to carry on increasing interest rates, which is going to weigh down crypto markets. So on Thursday, we\'re not going to see much good news for crypto markets."\nEther was recently trading just under $1,300, a more than 3% drop from Sunday, same time. Other major altcoins were solidly in the red after a late afternoon dip with CHZ and ETC recently off more than 13% and 10%, respectively, and SUSHI and the popular meme coins DOGE and SHIB both down over 8%.The CoinDesk Market Index (CMI), a broad-based market index that measures the performance of a basket of cryptocurrencies, was recently down about 0.1%.\nStocks\nEquity markets continued their now, four-day streak of woe with the tech-focused Nasdaq declining 1% and the S&P 500 and Dow Jones Industrial Average (DJIA) dropping a few fractions of a percentage point. The Nasdaq, which plunged into bear market territory months ago, meaning it fell at least 20% from its previous high, reached a 15-month low, according to Dow Jones Market data.\nTreasury yields, which have followed an inverse course to cryptos, rose. Brent crude oil, a measure of energy markets, was recently trading at about $96 per barrel, roughly flat, despite the latest rumblings from Russia\'s unprovoked invasion of Ukraine – a Russian missile barrage on Kyiv and other major cities. The conflict continues to figure heavily in global, macroeconomic uncertainty. Concerns about Chinese consumer spending and U.S. cuts in semiconductor exports to the country offered additional, unsettling news Monday.\nMeanwhile, crypto news was mixed. As CoinDeskreported, a record number of Brazilian companies purchased crypto in August.But in an interview with **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-10-11 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $365,081,318,248 - Hash Rate: 277924882.20287925 - Transaction Count: 266451.0 - Unique Addresses: 635320.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.24 **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, Oct. 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 comparative BTC production results for the month and quarter ended September 30, 2022, combined with an operations update. All monetary references are expressed in USD unless otherwise indicated. The Company is pleased to report that it mined approximately 591 BTC in the first nine months of 2022, exceeding full year 2021 BTC production by approximately 14%. Production Highlights for September 2022 Mined 69.84 BTC, resulting in total holdings of 160.86 BTC at the end of September valued at approximately $3.13 million based on a BTC price of $19,432 as of September 30, 2022. Ethereum (“ETH”) holdings of 1,000.89 ETH at the end of September valued at approximately $1.33 million based on an ETH price of $1,328 as of September 30, 2022. Total digital asset inventory value, consisting of BTC and ETH, of approximately $4.46 million as of September 30, 2022. In addition, the Company held cash of approximately $3.0 million as of September 30, 2022. Cash and liquid assets as of September 30, 2022 totalled approximately $7.46 million. To avoid equity dilution for its shareholders, management sold a portion of its BTC production during September to fund its energy costs. The Company remains debt free as of September 30, 2022. In continuing its support of the power needs of the local community, the Company reduced its overall energy consumption throughout Q3 of 2022 with its operation running predominantly at off-peak hours. Year-Over-Year Monthly Comparison The Company mined approximately 32.17 more BTC in September 2022, compared to September 2021, representing an increase of approximately 85%. Story continues Figure 1. Year-over-year Monthly BTC Production Sep-22 Sep-21 MoM Increase Mined BTC 69.84 37.67 32.17 Approximate BTC value $19,432 $43,791 ($24,359) Production Value $1,357,131 $1,649,607 ($292,476) Year-Over-Year Quarterly Comparison The Company mined an additional 69.76 BTC during the third quarter of 2022 compared to the third quarter of 2021, representing year-over-year quarterly increase of 52%. Figure 2. Quarter-over-quarter BTC Production Q3 2022 Q3 2021 YoY Increase Mined BTC 202.78 133.02 69.76 Approximate BTC value $19.432 $43,791 ($24,359) Production Value $3,940,421 $5,825,079 ($1,884,658) North Tonawanda Power Plant Acquisition Update Digihost is pleased to announce that it has received approval from the New York Public Service Commission for the acquisition of the 60 MW power plant in North Tonawanda originally announced by the Company on March 24, 2021. Digihost is currently moving forward expeditiously with other closing matters in order to complete the acquisition of the power plant in Q4 2022. With the power plant running at 50 MW, the Company will be able to increase its current operating capacity by approximately 150%, increasing Dighost’s hash rate to approximately 1.6 EH. Alabama Site Build-Out The Company is pleased to announce that it continues the development of the facilities Phase 1 build-out and construction work in Alabama on schedule and on budget. Digihost is building the necessary infrastructure to provide the property with power capacity of 22 MW during the fourth quarter of 2022 and a total of 55 MW by the end of the first quarter of 2023. Completion of the Phase 1 build will provide the Company with approximately 550 PH of additional operating capacity. During Q3 2022, Digihost received Public Service Commission approval for an economic rider rate discount. This discount, coupled with the lower direct energy costs it has negotiated with Alabama Power, will lead to an overall reduction in the Company’s operating costs. The Alabama Power agreements provide the Company with very competitive power costs in today’s inflationary environment, further reinforcing Digihost’s strategic decision to expand and diversify its operation to Alabama. North Carolina Expansion As previously disclosed, earlier in the year the Company announced that it acquired 25 acres of land in North Carolina and will be developing it for use in Q3 or Q4 of 2023 with a request for allocation of up to 200MW of power. 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 650 PH/s. All hosting fees and joint venture profit sharing are treated as production costs 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, 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: 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; development of additional facilities to expand operations in Alabama may not be completed on the timelines anticipated by the Company, 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 on such information due to the inherent uncertainties therein.... - 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:** ['Grayscale Investments Brief argues SEC\x92s denial of Grayscale\x92s conversion of Grayscale Bitcoin Trust (GBTC) to spot Bitcoin ETF was arbitrary, capricious, and discriminatory STAMFORD, Conn., Oct. 11, 2022 (GLOBE NEWSWIRE) -- Grayscale Investments® , the world\x92s largest digital currency asset manager, today filed its opening legal brief in the U.S. Court of Appeals for the District of Columbia Circuit challenging the decision by the Securities and Exchange Commission\x92s (\x93SEC\x94 or \x93the Commission\x94) to deny conversion of Grayscale Bitcoin Trust (BTC) ( OTCQX: GBTC ) to a spot Bitcoin ETF*. The opening brief explains the legal basis for Grayscale\x92s arguments. On June 29, 2022, the SEC denied Grayscale\x92s application to convert GBTC to a spot ETF. The same day, Grayscale Senior Legal Strategist, former U.S. Solicitor General, and partner at Munger, Tolles & Olson, Donald B. Verrilli, Jr., filed a petition for review to initiate the litigation process. Today\x92s brief outlines why the SEC\x92s disparate treatment of these products was arbitrary, discriminatory, and in excess of the Commission\x92s statutory authority; it also argues that the test the SEC has applied to Bitcoin-related ETFs, and only Bitcoin-related ETFs, is flawed and has been inconsistently applied with a \x93special harshness\x94 to spot Bitcoin ETFs. \x93Although Bitcoin may be a relatively new asset, the legal issue here is straightforward,\x94 the brief explains. In 2021 and 2022, the SEC approved several Bitcoin futures ETFs, but repeatedly rejected ETFs that hold Bitcoin directly, or spot Bitcoin ETFs, including Grayscale\x92s application to convert GBTC. The brief highlights that Bitcoin futures and spot Bitcoin both generate their price based on overlapping indices, so the spot price of Bitcoin in each product is subject to the same risks and protections. \x93That stark arbitrariness cannot be justified or reconciled with the Commission\x92s mandate to treat like cases alike. Rather, it can be only understood as a substantive judgment on the merits of a spot Bitcoin investment \x97 the kind of substantive judgment that is outside the Commission\x92s authority,\x94 the brief reads. Story continues \x93The Administrative Procedure Act and Exchange Act require rules and regulations to be applied without favoritism for one type of product or another,\x94 said Craig Salm, Grayscale Chief Legal Officer. \x93Over 850,000 million Americans own GBTC \x96 a product designed so that investors could have regulated access to investing in Bitcoin. On behalf of the U.S. investment community, we are proud of the arguments we have outlined in Grayscale\x92s opening brief, and we look forward to the Commission\x92s response.\x94 Amicus briefs in support of Grayscale are due to be filed by October 18, 2022. To stay apprised of additional litigation milestones and information, visit grayscale.com/gbtc-lawsuit . *We use the generic term \x93ETF\x94 to refer to exchange-traded investment vehicles, including those that are required to register under the Investment Company Act of 1940, as amended (the \x93\x9140 Act\x94), as well as other exchange-traded products that are not subject to the registration requirements of the \x9140 Act. About Grayscale Investments® Grayscale enables investors to access the digital economy through a family of secure, regulated, and future-forward investment products. Founded in 2013, Grayscale has a proven track record and deep expertise as the world\x92s largest digital currency asset manager. Investors, advisors, and allocators turn to Grayscale\x92s private placements, public quotations, and ETFs for single asset, diversified, and thematic exposure. Grayscale products are distributed by Grayscale Securities, LLC (Member FINRA/SIPC) or Foreside Fund Services, LLC. For more information, please follow @Grayscale or visit grayscale.com . Media Contact Jennifer Rosenthal [email protected]', 'Brief argues SEC’s denial of Grayscale’s conversion of Grayscale Bitcoin Trust (GBTC) to spot Bitcoin ETF was arbitrary, capricious, and discriminatory\nSTAMFORD, Conn., Oct. 11, 2022 (GLOBE NEWSWIRE) --Grayscale Investments®, the world’s largest digital currency asset manager, today filed its opening legal brief in the U.S. Court of Appeals for the District of Columbia Circuit challenging the decision by the Securities and Exchange Commission’s (“SEC” or “the Commission”) to deny conversion of Grayscale Bitcoin Trust (BTC) (OTCQX: GBTC) to a spot Bitcoin ETF*.\nThe opening brief explains the legal basis for Grayscale’s arguments. On June 29, 2022, the SEC denied Grayscale’s application to convert GBTC to a spot ETF. The same day, Grayscale Senior Legal Strategist, former U.S. Solicitor General, and partner at Munger, Tolles & Olson, Donald B. Verrilli, Jr., filed a petition for review to initiate the litigation process.\nToday’s brief outlines why the SEC’s disparate treatment of these products was arbitrary, discriminatory, and in excess of the Commission’s statutory authority; it also argues that the test the SEC has applied to Bitcoin-related ETFs, and only Bitcoin-related ETFs, is flawed and has been inconsistently applied with a “special harshness” to spot Bitcoin ETFs.\n“Although Bitcoin may be a relatively new asset, the legal issue here is straightforward,” the brief explains.\nIn 2021 and 2022, the SEC approved several Bitcoin futures ETFs, but repeatedly rejected ETFs that hold Bitcoin directly, or spot Bitcoin ETFs, including Grayscale’s application to convert GBTC. The brief highlights that Bitcoin futures and spot Bitcoin both generate their price based on overlapping indices, so the spot price of Bitcoin in each product is subject to the same risks and protections.\n“That stark arbitrariness cannot be justified or reconciled with the Commission’s mandate to treat like cases alike. Rather, it can be only understood as a substantive judgment on the merits of a spot Bitcoin investment — the kind of substantive judgment that is outside the Commission’s authority,” the brief reads.\n“The Administrative Procedure Act and Exchange Act require rules and regulations to be applied without favoritism for one type of product or another,” said Craig Salm, Grayscale Chief Legal Officer. “Over 850,000 million Americans own GBTC – a product designed so that investors could have regulated access to investing in Bitcoin. On behalf of the U.S. investment community, we are proud of the arguments we have outlined in Grayscale’s opening brief, and we look forward to the Commission’s response.”\nAmicus briefs in support of Grayscale are due to be filed by October 18, 2022. To stay apprised of additional litigation milestones and information, visitgrayscale.com/gbtc-lawsuit.\n*We use the generic term “ETF” to refer to exchange-traded investment vehicles, including those that are required to register under the Investment Company Act of 1940, as amended (the “‘40 Act”), as well as other exchange-traded products that are not subject to the registration requirements of the ‘40 Act.\nAbout Grayscale Investments®Grayscale enables investors to access the digital economy through a family of secure, regulated, and future-forward investment products. Founded in 2013, Grayscale has a proven track record and deep expertise as the world’s largest digital currency asset manager. Investors, advisors, and allocators turn to Grayscale’s private placements, public quotations, and ETFs for single asset, diversified, and thematic exposure. Grayscale products are distributed by Grayscale Securities, LLC (Member FINRA/SIPC) or Foreside Fund Services, LLC. For more information, please follow@Grayscaleor visitgrayscale.com.\nMedia Contact\nJennifer [email protected]', 'Grayscale Investments called the the U S. Securities and Exchange Commission\'s (SEC) June decision to reject its application to convert its flagship Grayscale Bitcoin Trust (GBTC) into a spot bitcoin exchange traded fund (ETF) “arbitrary, capricious, and discriminatory" in an opening legal brief filed as part of its lawsuit against the regulator. Grayscale filed suit against the SEC on June 29th, asking the U.S. Court of Appeals for the District of Columbia Circuit to review the regulator’s decision, which the SEC has published earlier in the day. Grayscale is a wholly-owned subsidiary of Digital Currency Group, the parent company of CoinDesk. Grayscale is far from the only company whose spot bitcoin ETF application has been rejected – over the last year, the SEC has denied over a dozen similar applications from other major players in the crypto space, including WisdomTree and Ark21Shares , citing a lack of investor protections and the potential for fraud and manipulation. WisdomTree\'s latest application was rejected the same day Grayscale filed its brief. While the agency has repeatedly rejected bitcoin spot ETF applications, it has approved several bitcoin futures ETFs, making a distinction between the offerings that Grayscale’s lawyers say is “arbitrary” and “outside the Commission’s authority.” In the brief, the attorneys argue that, because Bitcoin futures and spot Bitcoin both generate their price based on overlapping indices, the spot price of Bitcoin in both spot and futures ETFs are subject to the same risks – and therefore, approving one and denying another is unfair. “The Administrative Procedure Act and Exchange Act require rules and regulations to be applied without favoritism for one type of product or another,” said Craig Salm, Grayscale’s Chief Legal Officer, in a press statement. The SEC’s response is due Nov. 9. View comments', 'Grayscale Investments called the the U S. Securities and Exchange Commission\'s (SEC) June decision to reject its application to convert its flagship Grayscale Bitcoin Trust (GBTC) into a spot bitcoin exchange traded fund (ETF) “arbitrary, capricious, and discriminatory" in an opening legal brief filed as part of its lawsuit ag **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-10-12 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $366,569,908,094 - Hash Rate: 242520438.6101558 - Transaction Count: 261196.0 - Unique Addresses: 646003.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.20 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: There are a wealth of companies to choose from when you’re looking for the best sports betting stocks. Sports betting stocks have been one of the more compelling investment options for investors since 2018. The U.S. Supreme Court green-lit sports betting; since then, multiple states have legalized the sector. Around 30 states have legalized sports betting, including top markets such as New York and New Jersey. Moreover,Data Bridge Market Researchconcluded that the worldwide sports betting marketcould grow at an incredible 10.26% through 2029. InvestorPlace - Stock Market News, Stock Advice & Trading Tips As part of the broad market sell-off, many of the best sports betting stocks are trading at multi-year lows. Hence, it’s probably the best time to take the initiative and pounce on sports betting stocks. Moreover, sports betting stocks recently ended the four-month streak in the red in July and seem to be back on investor radars again. Here are three that have the most upside potential. [{"DKNG": "PENN", "DraftKings": "Penn National Gaming", "$17.43": "$34.20"}, {"DKNG": "FUBO", "DraftKings": "FuboTV", "$17.43": "$3.89"}] Source: Tada Images / Shutterstock.com DraftKings(NASDAQ:DKNG) operates as a leading online sportsbook in the U.S., accounting for close to 36% of the population. Moreover, on average, it’s been a hyper-growth business, posting revenues exceeding the 50% mark over the next five years. With the recessionary effects in play and the growing competition, growth rates have normalized, but its long-term case remains firmly in place. It recently reported strong second-quarter results,where sales increased by 57%to $466 million. Customer engagement remained excellent, and there seems to be little impact on its top line from broader economic pressures. Moreover, its management raised its full-year guidance for revenues amidst a strong second quarter showing. CEO Jason Robins feels that the current downturn hasn’t impacted consumer spending on the platform. Moreover, he states that the firm remains well capitalized and can enter new markets and win over customers. Additionally, DKNG’s payback period of just three years when entering a new market is a telling stat, which makes it a mighty attractive play at current prices. Source: Casimiro PT / Shutterstock.com Penn National Gaming(NASDAQ:PENN) is one of the most profitable online sports betting companies operating in 20 different states. Moreover, it has over 15% market share among retail sportsbooks. According to its management, the firm has one of the most attractive portfolios of regional gaming assets generating healthy free cash flows. Its impressive online and offline presence makes it one of the least risky investment options in the market. Penn has been one of the most profitable enterprises in the sector. Its impeccable margin profile shows that its profit-first approach has been incredibly successful in moving the needle for its business. Its EBITDA and gross marginshave grown by 23.5% and 45.8%, respectively, over the past five years. Furthermore, Penn has been consistently working on expanding its digital presence. It acquired sports media companies such as Score Media and Gaming Inc. and Barstool Sports to leverage their massive user bases. The firm has set a future roadmap for expansion for its online business, which should help drive margin growth and reduce costs over the long term. Additionally, its 44 properties in 10 states will give it the balance it needs for further expansion. Source: Tada Images / Shutterstock.com FuboTV(NYSE:FUBO) is a sports-first streaming platform that has consistently performed over the past several years. It has the first-mover’s advantage in sports-first streaming, a niche poised for massive expansion. Though its streaming business is doing remarkably well, it remains a low-margin endeavor which is why it’s branching out to other profitable verticals. Perhaps the most promising of these verticals is its sportsbook. Fubo sportsbook is the only app in the U.S. that syncs live sports with wagering on a single platform. It recently shared data that showed that subscribers who are also sportsbook players are likely to place more bets than sportsbook-only players. FuboTV has proved its ability to acquire customers at considerably lower costs than its competition. Moreover, its subscriber base gives it the edge in controlling costs and could accelerate the path towards profitability. The second quarter results show that the business is still performing exceedingly well.Its revenues were up 70%from the prior-year period to $222 million. After the quarter, it had close to 1.3 million subscribers across the globe, up 57% from the prior-year period. Hence, with FUBO stock trading at such a beaten-down valuation, it’s an ideal time to scoop it up. 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. Muslim Farooque is a keen investor and an optimist at heart. A life-long gamer and tech enthusiast, he has a particular affinity for analyzing technology stocks. Muslim holds a bachelor’s of science degree in applied accounting from Oxford Brookes University. • Buy This $5 Stock BEFORE This Apple Project Goes Live • The Best $1 Investment You Can Make Today • Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” • It doesn’t matter if you have $500 or $5 million. Do this now. The postThe 3 Best Sports Betting Stocks to Buy Nowappeared 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:** ["Photo Illustration by Thomas Levinson/The Daily Beast/Getty Don’t mind the polls or the millions of dollars in ad buys being pulled from the Granite State's airwaves. And pay no attention to the massive fundraising advantage held by Democratic Sen. Maggie Hassan, for help is on the way for Republicans in New Hampshire’s messy Senate race. Former Hawaii congresswoman and 2020 Democratic presidential candidate—and now, former Democrat —Tulsi Gabbard will be stumping alongside floundering GOP Senate nominee Don Bolduc. Gabbard entering the fray may provide a spark of novelty to the Bolduc campaign, but her seventh place finish in the 2020 New Hampshire primary and relatively niche status as a political celebrity on the right likely won’t be enough to move the needle among the group of voters Republicans need the most. “Most independents up here don’t know who Tulsi Gabbard is,” Dante Scala, a political science professor at the University of New Hampshire, told The Daily Beast. “I think it’s more about trying to stoke base voter enthusiasm as opposed to winning over independents.” The retired congresswoman announced her plans to leave the party in a video she tweeted on Tuesday—which was also part of her podcast launch —saying the Democrats are “now under the complete control of an elitist cabal of warmongers driven by cowardly wokeness, who divide us by racializing every issue and stoke anti-white racism.” Tucker Fawns Over Tulsi: Every Republican Should Sound Like You A recently departed Democrat who finished between businessmen Tom Steyer and Andrew Yang in the last presidential primary isn’t exactly the type of bold-faced nameNew Hampshire Republicans imagined, either. After all, just this week Sens. Rick Scott (FL) and Tom Cotton (AR) flew in to Georgia to help boost scandal-plagued GOP nominee Herschel Walker. In fact, rather than give Bolduc a hand, Senate Republicans’ main campaign arm pulled its ads from the Granite State race last week, and Hassan’s lead has grown to an average of 7.8 points, according to FiveThirtyEight ’s rolling average. Meanwhile, Republican Gov. Chris Sununu has a double-digit lead over his opponent. “I guess we’re pulling out all the stops here,” a high ranking New Hampshire Republican told The Daily Beast with a chuckle. “It’s gonna be a real test of party unity.” Scala noted that if a voter does know who Gabbard is, they likely follow political news quite closely, which leaves a slim statistical chance that this hypothetical voter isn’t already sorted into an ideological camp. “I understand she’s got a profile on Fox News and appears there, so for Bolduc, if they’re campaigning together, it’s possible that these voters will wanna come out and wanna see Gabbard in person, and Bolduc is along for the ride,” he added. Story continues Gabbard’s events in the 2020 primary were often well attended and she even rented a home outside of Manchester for a stretch of the campaign, but many attendees identified as Republicans —often full Trump supporters. The Bolduc campaign would not say when Gabbard will begin appearing with the retired brigadier general and on-and-off-again election denier , but they touted the Fox News mainstay’s support on Wednesday. (The campaign also declined to detail what the candidate’s current position is on the validity of the 2020 election results.) “We don’t agree on every issue, but I am honored to have the support of Tulsi Gabbard who shares my view that the status quo is broken, and we need a change of direction,” Bodluc said in a press release. “Tulsi is a fellow change agent and independent-minded outsider willing to speak truth to power.” But Gabbard’s reappearance on the New Hampshire stage has excited some of her early backers in the Granite State, but it wasn’t clear whether Bolduc would ultimately reap the benefit. Election Denier Don Bolduc Wins Republican Nomination in New Hampshire “It's not surprising to see Tulsi supporting Bolduc,” Eric Jackman, a podcast host and former Republican who often accompanied Gabbard around the state during her 2020 bid, told The Daily Beast. “During my year on the trail in NH with Tulsi, her message resonated with a wide swath of the electorate … Veterans especially were very open and friendly to Tulsi's message of shutting down the forever wars and investing in our country's needs.” The longtime Tulsi-stan from Peterborough didn’t go as far as to say his political hero stumping for Bolduc would make him vote for the GOP nominee, whom he voted against in August’s primary in favor of libertarian Bitcoin enthusiast Bruce Fenton. The high-ranking New Hampshire Republican, who requested anonymity because they are not authorized to speak on behalf of candidates, said the party’s best hope is for non-MAGA Republicans and independent voters to start “changing their mindset so they’ll vote for a Republican, even if he’s not a great Republican.” The GOP operative bemoaned that Bolduc has been changing his answers on the 2020 election depending on the room he’s in, sometimes “forgetting reporters are there.” They added that assurances had been made to other top New Hampshire Republicans that Bolduc’s new campaign manager, Parker Carey—who led former Trump official Matt Mowers’ failed bid against Karoline Leavitt in New Hampshire’s 1st Congressional District—had instructed Bolduc to stick with his message that, upon further research, he concluded the election wasn’t stolen. That hasn’t happened, and the anxiety behind the scenes hasn’t subsisted. “I hear a lot of people saying, ‘I’m gonna hold my nose and vote,’” the Granite State GOP operative said, “but I just don’t know if it’ll happen at the polls.” 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. View comments", "Photo Illustration by Thomas Levinson/The Daily Beast/Getty Don’t mind the polls or the millions of dollars in ad buys being pulled from the Granite State's airwaves. And pay no attention to the massive fundraising advantage held by Democratic Sen. Maggie Hassan, for help is on the way for Republicans in New Hampshire’s messy Senate race. Former Hawaii congresswoman and 2020 Democratic presidential candidate—and now, former Democrat —Tulsi Gabbard will be stumping alongside floundering GOP Senate nominee Don Bolduc. Gabbard entering the fray may provide a spark of novelty to the Bolduc campaign, but her seventh place finish in the 2020 New Hampshire primary and relatively niche status as a political celebrity on the right likely won’t be enough to move the needle among the group of voters Republicans need the most. “Most independents up here don’t know who Tulsi Gabbard is,” Dante Scala, a political science professor at the University of New Hampshire, told The Daily Beast. “I think it’s more about trying to stoke base voter enthusiasm as opposed to winning over independents.” The retired congresswoman announced her plans to leave the party in a video she tweeted on Tuesday—which was also part of her podcast launch —saying the Democrats are “now under the complete control of an elitist cabal of warmongers driven by cowardly wokeness, who divide us by racializing every issue and stoke anti-white racism.” Tucker Fawns Over Tulsi: Every Republican Should Sound Like You A recently departed Democrat who finished between businessmen Tom Steyer and Andrew Yang in the last presidential primary isn’t exactly the type of bold-faced nameNew Hampshire Republicans imagined, either. After all, just this week Sens. Rick Scott (FL) and Tom Cotton (AR) flew in to Georgia to help boost scandal-plagued GOP nominee Herschel Walker. In fact, rather than give Bolduc a hand, Senate Republicans’ main campaign arm pulled its ads from the Granite State race last week, and Hassan’s lead has grown to an average of 7.8 points, according to FiveThirtyEight ’s rolling average. Meanwhile, Republican Gov. Chris Sununu has a double-digit lead over his opponent. “I guess we’re pulling out all the stops here,” a high ranking New Hampshire Republican told The Daily Beast with a chuckle. “It’s gonna be a real test of party unity.” Scala noted that if a voter does know who Gabbard is, they likely follow political news quite closely, which leaves a slim statistical chance that this hypothetical voter isn’t already sorted into an ideological camp. “I understand she’s got a profile on Fox News and appears there, so for Bolduc, if they’re campaigning together, it’s possible that these voters will wanna come out and wanna see Gabbard in person, and Bolduc is along for the ride,” he added. Story continues Gabbard’s events in the 2020 primary were often well attended and she even rented a home outside of Manchester for a stretch of the campaign, but many attendees identified as Republicans —often full Trump supporters. The Bolduc campaign would not say when Gabbard will begin appearing with the retired brigadier general and on-and-off-again election denier , but they touted the Fox News mainstay’s support on Wednesday. (The campaign also declined to detail what the candidate’s current position is on the validity of the 2020 election results.) “We don’t agree on every issue, but I am honored to have the support of Tulsi Gabbard who shares my view that the status quo is broken, and we need a change of direction,” Bodluc said in a press release. “Tulsi is a fellow change agent and independent-minded outsider willing to speak truth to power.” But Gabbard’s reappearance on the New Hampshire stage has excited some of her early backers in the Granite State, but it wasn’t clear whether Bolduc would ultimately reap the benefit. Election Denier Don Bolduc Wins Republican Nomination in New Hampshire “It's not surprising to see Tulsi supporting Bolduc,” Eric Jackman, a podcast host and former Republican who often accompanied Gabbard around the state **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-10-13 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $364,628,343,219 - Hash Rate: 253141771.68797284 - Transaction Count: 281093.0 - Unique Addresses: 691476.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.20 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Editor’s note: This article is regularly updated with the latest information My son became an investor this year, taking a job that pays more than his single lifestyle consumes. He asked me what stocks to buy with just $100. It was a difficult question. Finding the best stocks for $100 presents a lot of unique challenges. The easy answer is to — if a broker allows it — buy fractional stocks of the best companies. Buy some Amazon (NASDAQ: AMZN ) and Microsoft (NASDAQ: MSFT ). Get them while they’re cheap and let time work its magic. InvestorPlace - Stock Market News, Stock Advice & Trading Tips For InvestorPlace , however, I decided to make things tougher on myself. Which five stocks, each costing less than $100 per share, will deliver gains down the road? They’re ranked here from safe to speculative. And if you’re building a long-term portfolio, you’ll want both. For this list, I avoided stocks I own that some rank highly because I don’t want to shill for things that have lost me money. I also avoided ETFs, though if you can get a fractional share of something like the iShares Biotechnology Fund ETF (NASDAQ: IBB ), you’re on top of one of the biggest trends. Companies like Moderna (NASDAQ: MRNA ) and CRISPR Therapeutics (NASDAQ: CRSP ) may look attractive but, as with PC stocks from the 1970s, most will fail. 7 Penny Stocks to Buy Now for Extraordinary Gains Without further ado, here’s what I found for some of the best stocks to buy if you have $100 to spend: Stocks to Buy: Coca-Cola (KO) hand holding a bottle of Coca-Cola (KO) against a red background Source: focal point / Shutterstock.com For a century, Coca-Cola (NYSE: KO ) has been a leader in water treatment, to assure consistency in its products. That also describes its financial performance. The company has been paying consistent, rising dividends for more than 50 years. This year, Coca-Cola has been issuing a quarterly payout of 44 cents per share, yielding nearly 3%, Five years ago the payout was 37 cents. Ten years ago, just over 25 cents. That’s the magic of dividends. If you had bought KO stock 10 years ago when it cost under $40 per share, you would now be getting a hefty return on that investment plus a capital gain. Story continues You can be as certain of returns on your KO stock investment. Under CEO James Quincey since 2017, the company has moved to serve its drinks in smaller cans, bought Costa Coffee , cut its product line and sought partnerships with stars like Kate Moss and music producer Marshmello . It’s not sexy, it’s not hip and it doesn’t generate fast growth. But KO stock is safe and profitable. If you’re going to hang onto a stock for decades, this is what you want. AT&T (T) Image of AT&T (T stock) logo on a gray storefront. Source: Jonathan Weiss/Shutterstock AT&T (NYSE: T ) learned a hard lesson over the last decade: Stick to what you know. Assuming the company doesn’t forget that lesson, what it knows should yield a consistently profitable business. AT&T sells internet bits, mostly through mobile networks. This is a profitable business. The company significantly cut its dividend in the spinoff of Warner Bros. Discovery (NASDAQ: WBD ) and saw T stock fall. But what is left has less debt, a more than 6% yield and a clear path to growth. It’s not complicated. The problem is that former CEO Randall Stephenson thought it was, believing the company needed to own the content of its bits to maximize profits. Under successor John Stankey, AT&T is back to running mobile and wired broadband networks. The company currently has a net margin of more than 10% . 3 Chinese Tech Stocks to Buy Before They Take Back Off Thanks to 2022’s bear market, $100 buys you six shares of T stock. It’s hard to see a safer investment going forward, unless Stankey gets ambitious. Stocks to Buy: PayPal (PYPL) PayPal logo overlays daylight photo of corporate building Source: JHVEPhoto / Shutterstock.com PayPal (NASDAQ: PYPL ) became a one of the kings of fintech during the pandemic, just as early investor Elon Musk was becoming one of the richest people in world with Tesla (NASDAQ: TSLA ). It’s not always good to be the king, however. PYPL stock has lost 50% of its value year-to-date (YTD), roughly double the loss of the Nasdaq Composite . Investors have generally soured on fintech stocks; fintech names use equity for growth while banks use deposits. When interest rates rise, a fintech company’s capital costs increase faster than those of a bank, which is only paying interest on customer deposits. The main PayPal business is payments, linking buyer and seller accounts and moving money cheaply. That business should pick up with global growth. The company’s flirtation with crypto also hurts it. But these are short-term problems. Young investors can speculate on them being solved and growth returning long term. Analysts continue continue to recommend PYPL stock as well. Its franchise remains sound — and its forward price-earnings (P/E) ratio is now 19.7 times. Roku (ROKU) A purple Roku (ROKU) sign is pictured on a wall in Los Gatos, California. Source: JHVEPhoto / Shutterstock.com Roku (NASDAQ: ROKU ), which sells streaming hardware and runs an ad-based streaming network of its own, has been hit nearly as hard as PayPal this year. The stock would have cost you nearly $500 last July. Now, ROKU stock is on sale significantly. At today’s prices, Roku has a $9 billion market capitalization. The company’s dependence on advertising has resulted in a first-quarter net loss and a loss in Q2 . However, a partnership with Walmart (NYSE: WMT ) is bringing “shoppable ads” to streaming , matching something Amazon is experimenting with as well. This partnership illustrates both the promise and peril of ROKU stock. It’s competing directly with Amazon, as well as Alphabet (NASDAQ: GOOGL , NASDAQ: GOOG ) and Apple (NASDAQ: AAPL ) in streaming hardware. But on the other hand, it’s the only independent in its business. So, any other company that wants a place in that world should be eyeing it, including retailers like Walmart, entertainment giants like Disney (NYSE: DIS ) and even computer hardware companies. 7 Fintech Stocks to Buy for Royal Returns This puts a floor under the stock price. Founder and CEO Anthony Wood dismissed rumors in June that he might sell to Netflix (NASDAQ: NFLX ). But if Wood changes his mind, the resulting takeover battle will make investors money. Stocks to Buy: AppHarvest (APPH) Rows of plants being farmed indoors Source: Silga Bauge-Robezniece / Shutterstock.com There are many ways for a long-term investor to make money. You can buy safety. You can buy stocks when they’re low. But you can also speculate on the future, taking big risks in hope of big reward. AppHarvest (NASDAQ: APPH ) is one such a speculation. As a penny stock, its market cap is currently over $200 million. In 2021, revenue came to just $9 million. But APPH stock is a bet on changing the world. AppHarvest runs indoor farms. These are closed-loop systems that can be located in urban areas, use 90% less water than outdoor farms and have sensors to precisely control plants that yield 30 times more food per acre than traditional farms. The company reported revenue of $4.4 million in Q2 2022 and estimates full-year sales to come in between $20 million and $25 million . It’s also expanding, building new farms and moving into more produce categories. APPH lost nearly $29 million in Q2 but ended the period with $50.9 million in cash “with over $40 million in total availability on credit facilities.” Once AppHarvest shows a profit in its original Kentucky operations, it will be in a position to replicate that success around the country and even the world. 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, Dana Blankenhorn held long positions in GOOGL, AMZN, AAPL and MRNA. 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 Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” It doesn’t matter if you have $500 or $5 million. Do this now. The post 5 Best Stocks to Buy if You Have $100 to Spend 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:** ['(Reuters) - Bitcoin company NYDIG laid off about a third of its workforce last month to cut costs, the Wall Street Journal reported on Thursday, citing people familiar with the matter. NYDIG, a unit of Stone Ridge Holdings, operates a full-stack bitcoin platform which delivers the cryptocurrency across industries including financial technology, insurance and banking. The company laid off around 110 people on Sept. 22, weeks before replacing its top two executives, the WSJ reported. NYDIG did not immediately respond to a Reuters request for comment. Earlier this month, NYDIG appointed Tejas Shah as its chief executive officer and Nate Conrad as president. The company said its bitcoin balances almost doubled from a year earlier to hit all-time highs in the third quarter. Last year, NYDIG raised $1 billion in a funding round led by venture firm WestCap with participation from existing investor Bessemer Venture Partners, valuing the bitcoin company at more than $7 billion. (Reporting by Rittik Biswas in Bengaluru; Editing by Subhranshu Sahu)', '(Reuters) - Bitcoin company NYDIG laid off about a third of its workforce last month to cut costs, the Wall Street Journal reported on Thursday, citing people familiar with the matter. NYDIG, a unit of Stone Ridge Holdings, operates a full-stack bitcoin platform which delivers the cryptocurrency across industries including financial technology, insurance and banking. The company laid off around 110 people on Sept. 22, weeks before replacing its top two executives, the WSJ reported. NYDIG did not immediately respond to a Reuters request for comment. Earlier this month, NYDIG appointed Tejas Shah as its chief executive officer and Nate Conrad as president. The company said its bitcoin balances almost doubled from a year earlier to hit all-time highs in the third quarter. Last year, NYDIG raised $1 billion in a funding round led by venture firm WestCap with participation from existing investor Bessemer Venture Partners, valuing the bitcoin company at more than $7 billion. (Reporting by Rittik Biswas in Bengaluru; Editing by Subhranshu Sahu)', '(Reuters) - Bitcoin company NYDIG laid off about a third of its workforce last month to cut costs, the Wall Street Journal reported on Thursday, citing people familiar with the matter. NYDIG, a unit of Stone Ridge Holdings, operates a full-stack bitcoin platform which delivers the cryptocurrency across industries including financial technology, insurance and banking. The company laid off around 110 people on Sept. 22, weeks before replacing its top two executives, the WSJ reported. NYDIG did not immediately respond to a Reuters request for comment. Earlier this month, NYDIG appointed Tejas Shah as its chief executive officer and Nate Conrad as president. The company said its bitcoin balances almost doubled from a year earlier to hit all-time highs in the third quarter. Last year, NYDIG raised $1 billion in a funding round led by venture firm WestCap with participation from existing investor Bessemer Venture Partners, valuing the bitcoin company at more than $7 billion. (Reporting by Rittik Biswas in Bengaluru; Editing by Subhranshu Sahu)', 'Bitcoin services company NYDIG has laid off around 100 people, according to four people familiar with the matter. The firm has cut approximately 30% of staff in the past several weeks, according to three people familiar with the matter. The layoffs had been going on for “several weeks,” one person added. The Wall Street Journal first reported the layoffs late Thursday, putting the figure at 110 employees. “It’s like a trading desk mentality where nobody talks to anyone,” a former NYDIG employee told CoinDesk. “You can disappear and nobody will know for months.” A spokesperson for NYDIG previously declined to comment. In late 2021, NYDIG raised $1 billion in funding to build an institutional-grade bitcoin platform. The platform was expected to connect to banks and credit unions, bringing unprecedented bitcoin access to large swaths of retail banking customers. The company branded the campaign “Bitcoin for all.” But since NYDIG’s fundraise, the crypto market has soured. The price of bitcoin fell to under $20,000 a coin, a 70% decline from its November 2021 all-time high of about $67,500. “NYDIG put all their eggs in this banking strategy, but they realized that there was no way that these banks were ready,” the former employee told CoinDesk. “They blew through all this money telling a story that they would bring bitcoin to the masses. Their core strategy was blundered.” The layoffs also come amid leadership shuffles. In early October, the company announced CEO Robert Gutmann and President Yan Zhao would be stepping down and returning to Stone Ridge Holdings Group, the parent company of NYDIG. Tejas Shah and Nate Conrad, both executives at NYDIG, would take over as CEO and president, respectively. Gutmann and Zhao are both co-founders of Stone Ridge, an alternative asset manager that specializes in niche investment strategies, including weather reinsurance and drug royalties. UPDATE (Oct. 14, 2022, 02:40 UTC): Adds additional context.', 'Bitcoin services company NYDIG has laid off around 100 people, according to four people familiar with the matter.\nThe firm has cut approximately 30% of staff in the past several weeks, according to three people familiar with the matter. The layoffs had been going on for “several weeks,” one person added. The Wall Street Journal first reported the layoffs late Thursday, putting the figure at 110 employees.\n“It’s like a trading desk mentality where nobody talks to anyone,” a former NYDIG employee told CoinDesk. “You can disappear and nobody will know for months.”\nA spokesperson for NYDIG previously declined to comment.\nIn late 2021, NYDIGraised$1 billion in funding to build an institutional-grade bitcoin platform. The platform was expected to connect to banks and credit unions, bringing unprecedented bitcoin access to large swaths of retail banking customers. The company branded the campaign “Bitcoin for all.”\nBut since NYDIG’s fundraise, the crypto market has soured. The price of bitcoin fell to under $20,000 a coin, a 70% decline from its November 2021all-time highof about $67,500.\n“NYDIG put all their eggs in this banking strategy, but they realized that there was no way that these banks were ready,” the former employee told CoinDesk. “They blew through all this money telling a story that they would bring bitcoin to the masses. Their core strategy was blundered.”\nThe layoffs also come amid leadership shuffles. In early October, the companyannouncedCEO Robert Gutmann and President Yan Zhao would be stepping down and returning to Stone Ridge Holdings Group, the parent company of NYDIG. Tejas Shah and Nate Conrad, both executives at NYDIG, would take over as CEO and president, respectively.\nGutmann and Zhao are both co-founders of Stone Ridge, an alternative asset manager that specializes in niche investment strategies, including weather reinsurance and drug royalties.\nUPDATE (Oct. 14, 2022, 02:40 UTC):Adds additional context.', 'Good morning. Here’s what’s happening: Prices: Bitcoin and other major cryptos were holding the same range they\'d occupied prior to the latest inflation figures. Insights: The CEO of crypto trading firm Amber says there\'s no better asset for holding value than bitcoin. 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 ● CoinDesk Market Index ( CMI ): 949.89 +1.2% ● Bitcoin ( BTC ): $19,663 +2.9% ● Ether ( ETH ): $1,322 +2.2% ● S&P 500 daily close: 3,669.91 +2.6% ● Gold: $1,666 per troy ounce −0.2% ● Ten-year Treasury yield daily close: 3.95% +0.05 Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX); Gold is the COMEX spot price. Information about CoinDesk Indices can be found at coindesk.com/indices. Bitcoin\'s Counterintuitive Rebound By James Rubin So much for conventional wisdom. The hotly anticipated Consumer Price Index (CPI) arrived hotter than expected, the type of reading that usually sends riskier assets spiraling down. Instead, bitcoin did the reverse on Thursday, recovering from an early stumble to regain its now-familiar perch over $19,000. The largest cryptocurrency by market capitalization, which was recently up more than 2% and trading above $19,600, has been occupying a narrow band between $19,000 and $21,000 for much of the past month, hamstrung by concerns about untamable inflation and the rising prospect of a harsh recession. "What we saw today was the culmination of a month-long buildup in protection purchasing and build up in implied and realized volatility," Jon Campagna, head of trading and capital markets at crypto investment fund CoinFund, wrote to CoinDesk in an email. Story continues Campagna noted the pronounced declines in bitcoin and ether one-day trading volumes from the previous night following the CPI report, and a "similar dynamic" in equities markets. "The VIX (CBOE Volatility Index) actually declined 4.5%!" he wrote. "The CPI number was hot, but it was an expected level of hot. This caused a relief rally as the put protection was sold and books were adjusted to slightly increase risk." The 8.2% CPI, up 0.1% from last month\'s figure, and 6.6% core inflation reading, which does not include volatile food and energy prices, offered the latest reminder of inflation\'s stubbornness. Both readings represented four-decade highs. Ether and other major altcoins followed bitcoin\'s Thursday pattern, plunging steeply before rapidly recovering lost ground. The second-largest crypto in market value was recently changing hands below $1,300, roughly flat from Wednesday, same time. GALA and DOT were among the day\'s big gain **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-10-14 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $380,407,654,969 - Hash Rate: 276154660.02324307 - Transaction Count: 284648.0 - Unique Addresses: 694651.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.24 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • Price Point:The approach of the Ethereum Merge has lots of crypto types planning watch parties, but it looks like traders are betting on price declines. Bitcoin stabilized quickly Wednesday after its steepest price drop since mid-August on Tuesday, while yields on U.S. Treasury inflation-protected securities hit their highest level since 2018. • Market Moves:The "jail kwon" token represents the epitome of crypto-market ridiculousness. The price soared nearly 40-fold after a South Korean court issued an arrest warrant for the founder of Terraform Labs. • Chart of the Day:Trading volume in ether is soaring as the Merge speculation intensifies. This article originally appeared inFirst Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context.Subscribe to get it in your inbox every day. By Omkar Godbole and Bradley Keoun The Ethereum blockchain'sMerge– its shift to a more energy-efficient "proof-of-stake" network, seen by many analysts and developers as ahistoric milestonefor the growing industry – is almost here. Crypto types are throwingwatch parties. According toethernodes.org, the Merge is now about 17 hours away. CoinDesk's Sam Kessler and Sage D. Young just published a cheat sheet onhow to monitor the Merge as it unfolds. CoinDesk Special Coverage:The Ethereum Merge In the meantime, crypto markets appeared to have somewhat stabilized following the biggest sell-off since mid-August. Bitcoin fell 9.9% on Tuesday after ahotter-than-expected U.S. consumer price index report on inflationrekindled expectations that the Federal Reserve will be hawkish for a longer period of time than previously thought. TheCoinDesk Market Indexwas up slightly on Wednesday. At press time, bitcoin (BTC) was holding above $20,000. Ether (ETH), the native token of the Ethereum blockchain, gained 1% to $1,590 asfunding ratesin the perpetual futures market went further into negative territory – an indicator that more traders are betting the price will drop. The path of least resistance for the crypto market appeared to be on thedownside, with real or inflation-adjusted bond yields rallying. The yield on the 10-year U.S. Treasury inflation-protected securities, which are adjusted periodically to compensate for consumer-price increases, rose above 1%, the highest since 2018: [{"Asset": "Ravencoin", "Ticker": "RVN", "Returns": "+13.17%", "DACS Sector": "Currency"}, {"Asset": "Celsius", "Ticker": "CEL", "Returns": "+11.72%", "DACS Sector": "Currency"}, {"Asset": "LCX", "Ticker": "LCX", "Returns": "+5.85%", "DACS Sector": "Currency"}] [{"Asset": "Terra", "Ticker": "LUNA2", "Returns": "-46.99%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Terra Luna Classic", "Ticker": "LUNA", "Returns": "-25.87%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Lido DAO", "Ticker": "LDO", "Returns": "-5.75%", "DACS Sector": "DeFi"}] Sector classifications are provided via theDigital Asset Classification Standard (DACS), developed by CoinDesk Indices to provide a reliable, comprehensive and standardized classification system for digital assets. TheCoinDesk Market Index (CMI)is a broad-based index designed to measure the market capitalization weighted performance of the digital asset market subject to minimum trading and exchange eligibility requirements. 'Jail Kwon' Token Surges 387% After Terra Founder's Arrest By Omkar Godbole The crypto-markets spectacle of the day came from nearly40-fold price rallyin a meme coin named after Do Kwon, founder of the now-defunct Terraform Labs. The recently launched jail kwon (jkwon) token, the self-proclaimed home of the world's first educate-to-earn program,rose387% to $0.000908, according to the crypto data and analysis firm Messari. The price surge came after aSouth Korean court issued an arrest warrant for Kwon, the primary developer of Terra's UST stablecoin, which crashed in May, destroying billions of dollars' worth of investor wealth. "An arrest warrant has been issued for a total of six people, including Do Kwon, who are currently residing in Singapore," a spokesperson for the South Korean prosecutors said on Wednesday. According to Bloomberg, the individuals have been accused of violating South Korea's Capital Markets Act. The jail kwon tokenwent liveon BNB Chain early this month and is listed on decentralized exchangePancakeSwapunder the ticker JKWON. The token’swhite paper saysthe project's mission is to combine Web3 with Web2 to deliver something unique to the crypto market and "leverage the social media relevance and presence of Do Kwon and the Luna crash along with our Educate-to-Earn protocol to drive the awareness of the token." The white paper adds that educating the community on crypto safety as the core fundamental of the token and Kwon's infamy would ensure a lifetime of "free marketing and spontaneous pumps." While the jkwon token rallied, Terra's luna and luna classic tokensplungedas investors withdrew millions from the Terra-baseddecentralized-financeecosystem. Read the full story here. Ether Futures Volume Hits 3-Month High By Omkar Godbole The aggregate daily volume rose to $61 billion on Tuesday, the highest since June 13, according to data tracked by Skew. Traders have been taking short positions in a bid to profit from or hedge against volatility that might stem from Ethereum’s impending upgrade, dubbed the Merge. • DeFi Lender Compound Takes Bite of Institutional Crypto Loans Pie:Compound will take bitcoin as collateral against stablecoin loans made by institutions. • Ethereum's Biggest Mining Pool to Stop Offering Services for the Network:Ethermine will make the move once the Merge is completed, which is expected to occur on Thursday. • Binance CEO Zhao Says EU's Proposed Crypto Rules Are Fantastic, but Strict:Speaking at Binance Blockchain Week Paris, Changpeng Zhao also said the French city is probably "the financial hub for crypto" in Europe and a larger part of the world. • Russian Millionaire’s Startup Plans Ruble Stablecoin Following DAI Model:The firm founded by Russian ex-banker Alexander Lebedev plans to introduce the coin on the Ethereum blockchain.... - Reddit Posts (Sample): [['u/Dazzling_Lime2021', 'TIL: 5 years ago Bitcoin had a controversial software update that was cancelled weeks before releasing', 61, '2022-10-14 00:06', 'https://www.reddit.com/r/CryptoCurrency/comments/y3bnte/til_5_years_ago_bitcoin_had_a_controversial/', '"Segwit2x" or just 2x, was a plan to increase the block size limit from 1 MB to 2 MB. This was believed to improve Bitcoin\'s transaction speed and lower transaction fees, making it more usable. It was a hard fork proposition, meaning that it would make old blocks incompatible with the new chain, essentially splitting it into two. Miners and developers argued that without a change like this, competing cryptocurrencies would take over Bitcoin and lead as a digital currency. Other developers and node operators however saw this fork as a corporate takeover and refused the change. 2x was unable to reach a consensus and was not adopted on it\'s planned date of Nov 16, 2017.\n\nUltimately, 2x wasn\'t necessary. The goal of SegWit was to increase overall transaction capacity via a ***soft fork*** mechanism which would not prompt a split and was already increasing the block size (Block 718,645, mined on Jan 14, 2022, was 1.9MB in size). Segwit2x was a ***hard fork*** attempt.\n\nWhat the markets were like at the time it was cancelled: [https://www.youtube.com/watch?v=HwKDWhH1re4](https://www.youtube.com/watch?v=HwKDWhH1re4)', 'https://www.reddit.com/r/CryptoCurrency/comments/y3bnte/til_5_years_ago_bitcoin_had_a_controversial/', 'y3bnte', [['u/getoffthepitch96576', 18, '2022-10-14 00:10', 'https://www.reddit.com/r/CryptoCurrency/comments/y3bnte/til_5_years_ago_bitcoin_had_a_controversial/is7p0dk/', 'Sounds good where can I buy it', 'y3bnte'], ['u/002timmy', 11, '2022-10-14 00:17', 'https://www.reddit.com/r/CryptoCurrency/comments/y3bnte/til_5_years_ago_bitcoin_had_a_controversial/is7pvoc/', 'Ah, good ole block size debates', 'y3bnte'], ['u/arcalus', 24, '2022-10-14 00:29', 'https://www.reddit.com/r/CryptoCurrency/comments/y3bnte/til_5_years_ago_bitcoin_had_a_controversial/is7rmze/', 'Ultimately, it was necessary - but a company lobbied for their far more complicated and proprietary solution, and after buying most of the bitcoin core dev team, they won the battle.', 'y3bnte'], ['u/Abysskitten', 12, '2022-10-14 00:35', 'https://www.reddit.com/r/CryptoCurrency/comments/y3bnte/til_5_years_ago_bitcoin_had_a_controversial/is7sjlf/', 'Bitcoin lore protects my virginity.', 'y3bnte'], ['u/dhork', 13, '2022-10-14 00:43', 'https://www.reddit.com/r/CryptoCurrency/comments/y3bnte/til_5_years_ago_bitcoin_had_a_controversial/is7tkw2/', 'I like Big Blocks, I cannot lie....', 'y3bnte'], ['u/KingzLegacy', 11, '2022-10-14 02:56', 'https://www.reddit.com/r/CryptoCurrency/comments/y3bnte/til_5_years_ago_bitcoin_had_a_controversial/is8b6lv/', 'This is correct.', 'y3bnte'], ['u/Whosdaman', 14, '2022-10-14 04:50', 'https://www.reddit.com/r/CryptoCurrency/comments/y3bnte/til_5_years_ago_bitcoin_had_a_controversial/is8q5vb/', 'Instead they let Lightning Network take over. It’s always about control.', 'y3bnte'], ['u/Zero_Effekt', 15, '2022-10-14 08:33', 'https://www.reddit.com/r/CryptoCurrency/comments/y3bnte/til_5_years_ago_bitcoin_had_a_controversial/is9brle/', 'What\'s interesting is that Satoshi himself stated that block sizes would inevitably increase as a solution to an increase in transactional demand, yet there were actually people fighting the Segwit2x situation from the angle that "increasing block size" was something that went against the principles of Bitcoin.\n\nStill makes me chuckle when I think about it.', 'y3bnte']]], ['u/MarleyTheDogg', 'Complete beginner to Bitcoin, anyone has a comprehensive guide on how to buy bitcoin, and how to use it?', 26, '2022-10-14 01:00', 'https://www.reddit.com/r/BitcoinBeginners/comments/y3cybu/complete_beginner_to_bitcoin_anyone_has_a/', "So I'm a totally new to cryptocurrency, and though I'm somewhat well versed in technology, I barely only understand some of the surface level concepts of cryptocurrency. And recently, for a few reasons, I've been meaning to buy Bitcoin, I've installed Electrum, but I haven't really found a good on how to buy bitcoin, and use bitcoin wallets. Any help here?", 'https://www.reddit.com/r/BitcoinBeginners/comments/y3cybu/complete_beginner_to_bitcoin_anyone_has_a/', 'y3cybu', [['u/Charming_Sheepherder', 10, '2022-10-14 12:25', 'https://www.reddit.com/r/BitcoinBeginners/comments/y3cybu/complete_beginner_to_bitcoin_anyone_has_a/is9s5ph/', "1 dont respond to dms trying to 'help'\n\n2 write down your seed phrase and keep it safe. WRITE IT DOWN. No pictures or txt docs no cloud.\n\n3 if you dont have an airgapped pc make sure its up to date at all times and has an antivirus if its \nwindows.\n\n4 always check at least the first and last 5 digits of the address before sending. Twice.\n\n5 spot buys are cheaper than market most times.\n\n\nWelcome😃", 'y3cybu']]], ['u/CatsNSats', 'Really impressed with Quant, fast becoming one of my favorites!', 52, '2022-10-14 01:13', 'https://www.reddit.com/r/QuantNetwork/comments/y3d906/really_impressed_with_quant_fast_becoming_one_of/', "I'm really impressed with Quant, recently discovered it about 2 or so weeks ago and was impressed enough that I knew I had to have more than one Quant Immediately. Traded in some of our family's smallish BTC bag and have not been disappointed since despite the bear market. \n\n​\n\nMy few Quant are doing the best out of any of my main coins right now, when everything else is down!\n\n​\n\nI'm actually surprised that more people aren't seeing Quant's potential clearly; this is like a total no brainer to me here. Past the excellent tokenomics of Quant it's use case is going to make it highly adopted by institutional investors; we're talking banks and governments with deep pockets!\n\n​\n\nI already knew that the financial system of the world is failing badly, and I know Quant is the banks' and Governments' Main portal to get into the Blockchain Game. When they start putting billions of dollars into trying to enter the blockchain game out of sheer FOMO and being worried about losing control; then Quant will really shine! Add this to the upcoming bull market that's coming in a year or so, the timing is perfect.\n\n​\n\nIn the meanwhile, my goal for this year is to stack some more Quant into my bag!", 'https://www.reddit.com/r/QuantNetwork/comments/y3d906/really_impressed_with_quant_fast_becoming_one_of/', 'y3d906', [['u/nitzkie', 13, '2022-10-14 01:33', 'https://www.reddit.com/r/QuantNetwork/comments/y3d906/really_impressed_with_quant_fast_becoming_one_of/is807si/', 'lmao this guy', 'y3d906'], ['u/thehiphippo', 12, '2022-10-14 02:29', 'https://www.reddit.com/r/QuantNetwork/comments/y3d906/really_impressed_with_quant_fast_becoming_one_of/is87iwd/', 'Welcome to the Quant community. Stay quamfy and have conviction that you’re holding a utility token that’s currently facilitating the re-architecture of the global financial system. No hyperbole here. \n\nI’d recommend watching Gilbert Verdian’s interview with Santiago Velez on Real Vision if you have the time. Probably one of the best interviews he’s given, in my opinion. \n\nhttps://www.realvision.com/shows/cryptoverse/videos/enabling-enterprise-adoption-pushing-crypto-into-the-mainstream-W1Lv?tab=details', 'y3d906'], ['u/YogurtclosetTop5906', 11, '2022-10-14 02:49', 'https://www.reddit.com/r/QuantNetwork/comments/y3d906/really_impressed_with_quant_fast_becoming_one_of/is8a3hg/', 'You get it!', 'y3d906']]], ['u/gigabyteIO', "Algorand TVL just hit a new All-Time High. It is one of the only ecosystems who's TVL is going up during this bear market. FTX just added USDC-Algorand, FIFA Marketplace just launched, DeFi ecosystem is booming. 6000 TPS, <4s Finality, Quantum Resistant Falcon keys, State Proofs, .0003$ fees.", 218, '2022-10-14 01:14', 'https://www.reddit.com/r/CryptoCurrency/comments/y3d9qg/algorand_tvl_just_hit_a_new_alltime_high_it_is/', "[https://defillama.com/chains](https://defillama.com/chains)\n\n[https://defillama.com/chains/Non-EVM](https://defillama.com/chains/Non-EVM)\n\n[https://defillama.com/chain/Algorand](https://defillama.com/chain/Algorand)\n\nAs you can see Algorand TVL is hugely green with most other chains losing TVL.\n\nFTX just added USDC-Algorand, allowing easy on/off ramps for USDC to Algorand. This eliminates the need to swap USDC to ALGO on DEX's before cashing out. This is huge for big institutional players and I expect to see many companies utilize USDC on Algorand because of it's superior L1 technology to Ethereum and Solana. Algorand currently processes the same amount of daily transactions as Ethereum with the capability to do much more. With its recent upgrade to 6000 TPS, <4s finality, Quantum-Resistant Falcon Keys and State-proofs that allow for decentralized bridges. Algorand is looking like the leader in blockchain technology, take a look at this chart:\n\n[https://metrics.algorand.org/](https://metrics.algorand.org/)\n\n[Comparison between top L1 Smart Contract platforms](https://preview.redd.it/2tl5ux4rnnt91.jpg?width=1017&format=pjpg&auto=webp&s=013fa1c380e808d0cfd1b4fbcba57317af7a2b79)\n\nIt seems Algorand may be entering the public consciousness. I expect Coinbase and Kraken will be following suit and adding USDC-Algorand as well. Exciting times for Algorand.\n\nInteresting timing as FIFA Plus Collect just launched its market place and genesis packs, these NFTs and marketplace are exclusive to the Algorand blockchain and they also allow you to buy packs with USDC-Algorand only.\n\n[https://collect.fifa.com/](https://collect.fifa.com/)\n\nAnother reason to be bullish about Algorand is its tokenomics, of which many falsely label as bad, when in reality it has some of the best. As you can see in this chart its true total supply is right behind Bitcoin.\n\n[Comparison between true total crypto supplies.... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Blockchain Moon Acquisition Corp. (NASDAQ: BMAQ) has entered into a business combination agreement to acquire substantially all of the assets of DLTx ASA (OSX: DLTX) including all Web 3 infrastructure assets. DLTx builds the infrastructure for Web 3 globally, including decentralized Cloud Computing, Green Bitcoin Mining, and Decentralized Data Relay Services ; Transaction will enable further investment in DLTx’s Web 3 infrastructure and portfolio, accelerating the\xa0Company’s mission of being a premier provider of Web 3 and decentralized transaction infrastructure to the masses; DLTx management will join and manage the business of the Company; Combined company expected to be listed on the Nasdaq Global Market; and Combined company anticipated to have an implied initial enterprise value of approximately $163.35 million. JACKSONVILLE, Fla. and OSLO, Norway, Oct. 15, 2022 (GLOBE NEWSWIRE) -- DLTx ASA (OSX: DLTX) (“DLTx”) and Blockchain Moon Acquisition Corp . ( NASDAQ: BMAQU, BMAQ, BMAQW, BMAQR ) (“Blockchain Moon”), a special purpose acquisition vehicle, have entered into a business combination agreement pursuant to which Blockchain Moon will acquire all of the subsidiaries and substantially all of the assets of DLTx ASA. Upon the closing of the transaction, the new combined company of Blockchain Moon and such acquired subsidiaries and assets (the “Company”) is anticipated to be named DLTx Inc. and expects to trade under the symbol “DLTX” on the Nasdaq Global Market (the “Nasdaq”). The Company will be based in the United States and will continue to specialize in protocols that provide predictable value both in utility and economics. The Company will build on DLTx’s strong track record in capitalizing on growth opportunities in the Web 3 space, including early investments in one of the largest industrial scale Bitcoin mining operations in North America, Filecoin cloud storage, and Decentralized Data Relay Services. Leading Tech Company in Blockchain Space Based in Oslo and publicly listed on the Oslo Stock Exchange, DLTx is a vertically integrated technology company developing Web 3 and decentralized transactions by deploying blockchain infrastructure at scale across major global industries. DLTx is a tech company run by decentralists who believe in the new economy that is powered by cryptographic digital assets. The DLTx team has been at the forefront of developing and launching of several of the most important protocols in the blockchain space, including Ethereum, developed the first blockchain investment fund in 2014, has built out large-scale mining infrastructure since 2015, and now operates the first publicly traded company focused on powering Web 3. Story continues Transaction Overview In exchange for the acquired DLTx business, DLTx’s shareholders will receive shares of common stock in the Company with a value equal to the equity value of the acquired DLTx business as set forth in the business combination agreement, at a price per share of $10.00. The special committee and the board of directors of Blockchain Moon (the “Special Committee”) and the board of directors of DLTx have each approved the proposed transaction, which is expected to be completed by the summer of 2023, subject to, among other things, the approval by DLTx’s shareholders and Blockchain Moon’s stockholders, delivery of a fairness opinion to the Special Committee and satisfaction or waiver of other customary closing conditions. The transaction will result in the issuance of approximately 10.6 million common shares in the Company to DLTx’s shareholders, subject to adjustment as set forth in the business combination agreement. Each holder of common stock of Blockchain Moon will receive one share of common stock of the Company upon the closing of the business combination for each share of Blockchain Moon common stock held immediately prior to closing . Holders of Blockchain Moon common stock who elect to redeem their shares will receive $10.00 plus any applicable interest per share at the closing, but will not receive any shares of the public company. Additional information about the proposed transaction, including a copy of the business combination agreement has been filed as an exhibit to a Current Report on Form\xa08-K filed by Blockchain Moon with the Securities and Exchange Commission (“SEC”) on October 14, 2022 (available at www.sec.gov ). Management Comments James Haft, Chairman of DLTx, said, “DLTx’s mission is to be a premiere blockchain and Web3 infrastructure company. The Nasdaq listing will provide access to the global capital markets to accelerate the development of our business and position us to take advantage of the growth of decentralized communications and finance.” Enzo Villani, Chairman and Chief Executive Officer of Blockchain Moon commented, “The blockchain economy and Web 3 can only thrive if there is infrastructure in place. DLTx is building that infrastructure and we look\xa0forward to working with DLTx management to execute that vision." Thomas Christensen, Chief Executive Officer of DLTx, commented, “Over the past year, DLTx has made tremendous strides. The move to Nasdaq will allow the company to expand at a greater pace through access to the US capital markets.” Changes in Executive Management and Board The technical and management team of DLTx will assume positions at the Company. The Company’s board of directors will also include Enzo Villani, and others to be named prior to the approval of the transaction by shareholders. Advisors and Other Professionals Kirkland & Ellis LLP and Advokatfirmaet Thommessen AS are serving as legal advisors to Blockchain Moon. Reed Smith LLP, DLA Piper LLP and Advokatfirmaet CLP, DA are serving as legal advisors to DLTx. BDO US, LLP is serving as the independent auditor for Blockchain Moon. Marcum LLP and Plus Revisjon AS are serving as independent auditors for DLTx. Richards Layton & Finger is serving as legal advisor to the Special Committee. SGI Securities and Chardan Capital Markets are serving as financial advisors to Blockchain Moon. About DLTx DLTx is a vertically integrated technology company expanding Web 3 capabilities by deploying blockchain infrastructure at scale across major global industries. The DLTx team is comprised of decentralists who believe in the new economy that\'s powered by cryptographic digital assets. The DLTx team has been at the forefront of developing and launching several of the most important protocols in the blockchain space including Ethereum, developed the first blockchain investment fund in 2014, has built out massive scale mining infrastructure since 2015, and now operates the first publicly traded company focused on powering Web 3. Learn more at https://www.DLTx.com About Blockchain Moon Blockchain Moon is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Blockchain Moon seeks to capitalize on the extensive experience of its management team, board of directors and advisors who are both blockchain industry investors and entrepreneurs to pursue prospective targets that are high growth businesses in blockchain technologies in North America, Europe, and Asia. Blockchain Moon is led by Chairman and Chief Executive Officer Enzo Villani and Chief Financial Officer Wes Levitt. Learn more at https://www.BMAQ.IO Important Information and Where to Find It On October 4, 2022, Blockchain Moon filed a definitive proxy statement (the “Extension Proxy Statement”) for a special meeting of its stockholders to be held on October 19, 2022 to consider and act upon a proposal to extend the date (the “Termination Date”) by which Blockchain Moon must complete an initial business combination to January 21, 2023 (the “Charter Extension Date”)\xa0and to allow Blockchain Moon, without the need for another stockholder vote, to elect to extend the Termination Date to consummate a business combination on a monthly basis, up to six times, by an additional one month each time, after the Charter Extension Date, by resolution of Blockchain Moon’s board of directors\xa0(the “Extension Proposal”), if requested by Jupiter Sponsor LLC, a Delaware limited liability company and Blockchain Moon’s sponsor. The Extension Proxy Statement was mailed to Blockchain Moon stockholders of record as of\xa0September 27, 2022. Stockholders may obtain a copy of the Extension Proxy Statement at the SEC’s website (www.sec.gov). Malibu Parent, Inc., a Delaware corporation and a newly formed subsidiary of Blockchain Moon (“New BMAC”), intends to file a registration statement on Form S-4 with the SEC, which will include a prospectus with respect to New BMAC’s securities to be issued in connection with the proposed business combination and proxy statement with respect to Blockchain Moon’s stockholder meeting to vote on the proposed transaction (the “Business Combination Proxy Statement”). The Business Combination Proxy Statement will be sent to all Blockchain Moon stockholders. Blockchain Moon and New BMAC also will file other documents regarding the proposed transaction with the SEC. Before making any voting decision, investors and security holders of Blockchain Moon are urged to read the Extension Proxy Statement, registration statement, Business Combination Proxy Statement and all other relevant documents filed or that will be filed with the SEC in connection with the proposed transaction as they become available because they will contain important information about the proposed transaction. Investors and securityholders will be able to obtain free copies of the Extension Proxy Statement, registration statement, the Business Combination Proxy Statement and all other relevant documents filed or that will be filed with the SEC by Blockchain Moon or New BMAC through the website maintained by the SEC at www.sec.gov . The documents filed by Blockcha **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-10-15 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $366,762,589,275 - Hash Rate: 269073771.3046984 - Transaction Count: 241758.0 - Unique Addresses: 612380.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.24 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- The Biden administration and TikTok are working on an agreement that would let the video-sharing site keep operating in the US, but negotiations have stalled over concerns that the company’s Chinese ownership poses a national security threat, people with knowledge of the matter said. Most Read from Bloomberg MacKenzie Scott Files for Divorce From Science Teacher Husband Meta to Cut Headcount for First Time, Slash Budgets Across Teams Stocks Plummet to 22-Month Low as Fed Hawks Circle: Markets Wrap Trump Refuses to Delay Florida Deposition in Phone-Fraud Case Despite Hurricane Top Apple Executive Is Leaving After Making Crude Remarks in TikTok Video Once reached, the agreement would allow the platform to continue operating in the US, though it would place additional restrictions on how data from US users is stored, said the people, who asked not to be named discussing a national security matter. The app has been under scrutiny by US officials since 2019, when the Committee on Foreign Investment in the US -- or Cfius -- began reviewing a merger between the app’s parent company ByteDance Ltd. and Musical.ly. The deal still needs to be cleared by some agencies that make up the committee, including the Justice Department, the people said. The department’s No. 2 official, Deputy Attorney General Lisa Monaco, is concerned the agreement doesn’t go far enough to keep the data of US users safe from Chinese actors, one of the people said. The news about the pending agreement was reported earlier by the New York Times. A spokesperson for the Treasury Department said Cfius is committed to taking all actions within its authority to safeguard national security, but doesn’t comment on transactions it may be reviewing. “We will not comment on the specifics of confidential discussions with the US government, but we are confident that we are on a path to fully satisfy all reasonable US national security concerns,” a TikTok spokesperson said. Story continues Regulators and lawmakers have long feared that Chinese authorities could access US user data via TikTok. These anxieties were revived following a report by BuzzFeed in June that US user data had been repeatedly accessed from China. The same day as the BuzzFeed story, TikTok said it was routing all US user traffic through Oracle Corp.’s cloud, and that the database giant is auditing its algorithms. TikTok and Oracle are expected to continue working together on a storage setup that satisfies US national security concerns, according to a person familiar with the process. While TikTok’s one billion active users makes it smaller than some of its social media peers, it’s growing quickly -- particularly among young people. In June, the app was the second-most-likely used app among Gen Z users, trailing behind Instagram in the top spot, according to analysis from data.ai. It’s also swiftly building its ad business, with eMarketer estimating revenue of $12 billion this year, up from $4 billion in 2021. China hawks on Capitol Hill are expected to criticize any agreement that stops short of forcing the sale of the platform to a US company. Senator Josh Hawley, a Missouri Republican, wrote to Treasury Secretary Janet Yellen last week urging her to require TikTok to sever all ties with Chinese companies and to force ByteDance to divest itself from TikTok. Hawley hasn’t yet received a response from the department, though Treasury has acknowledged receipt, according to Philip Letsou, Hawley’s communications director. Former President Donald Trump stopped short of banning the app in an effort to broker a deal to sell the platform to a US buyer, which never came to fruition. ByteDance had sought US approval to sell a stake in the app to Oracle and Walmart Inc., but the transaction didn’t materialize. Efforts by the Trump administration to boot TikTok from the Apple and Google app stores were blocked by a US court. A top TikTok executive told senators this month that the company is negotiating with US officials on restricting access to US data for employees in China but declined to commit to a total cutoff. As the Cfius review process continues, the administration is weighing other action, including by the Commerce Department, which is considering a rule that would give the Commerce Secretary more oversight over apps owned by foreign adversaries. If enacted, the rule change would empower the Commerce Department to force TikTok to undergo third-party audits -- or even restrict the app in the US. Most Read from Bloomberg Businessweek The Unstoppable Dollar Is Wreaking Havoc Everywhere But America Jay Powell Needs Investors to Lose Money Twitter Is in This Mess Because Jack Dorsey Was Too Busy Being a Bitcoin Influencer Google’s Low-Tech Plan to Solve the Opioid Crisis As Home Prices Surge, Americans Are Moving to Cheaper Places ©2022 Bloomberg L.P.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['This was the year when electric vehicles (or EVs) began to take hold firmly. And 2023 is shaping up to be when electric trucks enter the conversation. If you’re an investor with an appetite for risk and the time horizon to match, now is the time to think about the top EV truck stocks to buy.\nThere are still several obstacles to overcome. As the September PPI and CPI reports showed, inflation will remain high for some time. This means the Federal Reserve will likely continue its aggressive interest rate hike program.\nThat will make it challenging for consumers to finance a new car – even with the rebates offered on EV purchases. It’s also problematic for any EV maker that will have to make capital expenditures as the cost of capital increases.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nBut the EV movement is going to be led by the early adopters. For many of these individuals, the cost of an EV shouldn’t be an option. And that means while mass adoption remains several years away, there should be an opportunity for investors to profit from EV truck stocks in 2023. Here are seven stocks that may be among that group.\n[{"GM": "F", "General Motors": "Ford Motor", "$32.89": "$11.67"}, {"GM": "TM", "General Motors": "Toyota Motors", "$32.89": "$134.11"}, {"GM": "TSLA", "General Motors": "Tesla", "$32.89": "$204.99"}, {"GM": "RIVN", "General Motors": "Rivian", "$32.89": "$28.71"}, {"GM": "GOEV", "General Motors": "Canoo", "$32.89": "$1.29"}, {"GM": "REVG", "General Motors": "Rev Group", "$32.89": "$12.03"}]\nSource: Formatoriginal / Shutterstock.com\nLeading off this list of EV truck stocks that are getting charged up for 2023 isGeneral Motors(NYSE:GM). The company is already on its way to moving to a fully electrified fleet with its Chevrolet Bolt EV and electric SUV. In its most recent quarter, GM announced it sold 14,709 of the vehicles. That should support the company’s plans to produce up to 70,000 vehicles in 2023.\nAnd General Motors plans to launch an electric version of its iconic Chevy Silverado sometime in 2023. The Silverado will be built on GM’s Ultium platform and can charge up to 100 miles in 10 minutes by using DC Public Charging. The vehicle already has over110,000 reservationswhich include over 240 fleet owners.\nThe launch of the Silverado will be critical to helping GM stock which has fallen 44% so far in 2022.\nSource: D K Grove / Shutterstock.com\nLike many automakers,Ford Motor(NYSE:F) has been plagued by supply chain difficulties stemming from the Covid-19 pandemic. That’s reflected in the company’s stock price, which is down 43% in 2022.\nBut Ford continues to make a big bet on electric vehicles. In fact, the company hassaidit will invest $50 billion in EVs through 2026. In the same year, Ford is also expecting to buildtwo million EVs. To help meet its goals, Ford is building a$5.6 billion EV manufacturing complexin Tennessee. It’s also building two battery factories in neighboring Kentucky.\nWhile Ford has several EVs in production, it is banking on the launch of its Ford F-150 Lightning. And in 2023, the company is launching an electrified Ford Ranger. The truck hadnearly 200,000reservations to start turning those fortunes.\nSource: josefkubes / Shutterstock.com\nNot long ago,Toyota Motors(NYSE:TM) made lukewarm statements about therole of battery-powered EVsin tackling carbon neutrality. The company still believes that hybrid vehicles may be the way to go. And you can’t blame them. The company’s hybrid Prius model has achieved iconic status and remains one of the company’s most popular offerings.\nBut this is one of those times to pay more attention to what a company says than it does. Or, put another way, follow the money.\nToyota plans to invest approximately $35 billion into its EV production. The company forecasts global sales of 3.5 million EVs by the end of 2030. And part of that strategy includes next year’s launch of the Tacoma EV.\nSource: Roschetzky Photography / Shutterstock.com\nIn recent months, I’ll admit to not paying much attention toTesla(NASDAQ:TSLA). And that’s because the stock’s been volatile for reasons that have nothing to do with how many EVs the company delivers in a quarter.\nThose issues still exist. I don’t know what will happen to the stock price as Elon Musk is raising capital to buyTwitter(NYSE:TWTR). And that distraction makes forecasting TSLA stock performance about as tricky as it used to be to determine the company’s production numbers.\nBut Tesla has now made believers out of many of its most ardent detractors. The company has increased itsoverall year-over-year EV production by 25%while its global deliveries rose by 27%.\nAnd so even though the company’s futuristic Cybertruck hasn’t launched yet, there’s less doubt that it will. Tesla plans to launch the Cybertruck in the middle of 2023. That may be another example of the kind of innovation Cathie Wood believes makes Tesla asolution to our country’s economic troubles.\nSource: Dennis Diatel / Shutterstock\nThe analyst community likesRivian(NASDAQ:RIVN) more than I do. But we can both agree that there’s plenty of potential with RIVN stock. And since the company already has models in production, part of that potential is a first-mover advantage.\nMy primary issue is that the company’s two EV trucks are priced at $73,000 and $78,000. I wrote in the intro that many of the consumers for these vehicles would be the early adopters for whom that price tag may not be an obstacle. However, with only 5% of all vehicles falling into the EV category, relying on these customers could become more demanding as more (and less expensive) competitors enter the field.\nThe bullish argument is that the company has two partnerships in place. The company currently manufactures100,000 EV delivery vansforAmazon(NASDAQ:AMZN). It also has a signed memorandum of understanding with Mercedes-Benz that would expand the company’s footprint into Europe.\nThat said, the company is trading for nearly 50% below its consensus price target. If the analysts are right, now is a good time to pick up some RIVN stock.\nSource: shutterstock.com/rafapress\nCanoo(NASDAQ:GOEV) came to market via a special purpose acquisition company (or SPAC). And GOEV stock was part of the EV bubble in early 2021. The air has long gone out of that bubble, and GOEV is now trading in penny stock territory.\nBut a bullish case for the stock remains, and that’s why I’ve included the stock in this list of EV truck stocks that are worth consideration for 2023. The company has a unique, proprietary platform that allows modular vehicle designs, including a pickup truck and last-mile delivery vehicle of a single chassis, with lower production costs.\nMore importantly for investors, the company has signed two binding agreements withWalmart(NYSE:WMT) andZeeba. This will get revenue in the door, which is important because cash burn is still one of the major concerns about the company’s viability.\nSource: Shutterstock\nRounding out this list of EV truck stocks isREV Group(NYSE:REVG). I’ll admit that I was unfamiliar with the company before researching this article. I’ve become familiar with and am somewhat intrigued by the opportunity that the company offers.\nREV Group operates in a part of the EV sector that is largely underserved. The company delivers specialty EV vehicles such as ambulances and fire trucks. They also make buses and electrified recreational vehicles (or RVs). The latter category accounted for approximately 19% of its revenue in its most recent quarter.\nAnd here’s something else for investors to consider, REV Group is a profitable company. In fact, the company’s balance sheet looks to be in good shape. It even supports a modest dividend as well as share repurchases.\nOn the date of publication, Chris\xa0Markoch\xa0did 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.\nChris Markoch is a freelance financial copywriter who has been covering the market for over five years. He has been writing for InvestorPlace since 2019.\n• Buy This $5 Stock BEFORE This Apple Project Goes Live\n• The Best $1 Investment You Can Make Today\n• Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air”\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe postThe 7 Best EV Truck Stocks to Buy Riding Into 2023appeared first onInvestorPlace.', 'This was the year when electric vehicles (or EVs) began to take hold firmly. And 2023 is shaping up to be when electric trucks enter the conversation. If you\x92re an investor with an appetite for risk and the time horizon to match, now is the time to think about the top EV truck stocks to buy. There are still several obstacles to overcome. As the September PPI and CPI reports showed, inflation will remain high for some time. This means the Federal Reserve will likely continue its aggressive interest rate hike program. That will make it challenging for consumers to finance a new car \x96 even with the rebates offered on EV purchases. It\x92s also problematic for any EV maker that will have to make capital expenditures as the cost of capital increases. InvestorPlace - Stock Market News, Stock Advice & Trading Tips But the EV movement is going to be led by the early adopters. For many of these individuals, the cost of an EV shouldn\x92t be an option. And that means while mass adoption remains several years away, there should be an opportunity for investors to profit from EV truck stocks in 2023. Here are seven stocks that may be among that group. GM General Motors $32.89 F Ford Motor $11.67 TM Toyota Motors $134.11 TSLA Tesla $204.99 RIVN Rivian $28.71 GOEV Canoo $1.29 REVG Rev Group $12.03 General Motors (GM) Image of the new GM logo on a smartphone with cars in the background. Source: Formatoriginal / Shutterstock.com Le **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-10-16 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $366,930,736,562 - Hash Rate: 254911993.867609 - Transaction Count: 212919.0 - Unique Addresses: 558957.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.24 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: SINGAPORE (Reuters) - Cryptocurrencies fell to fresh lows on Monday on regulatory concerns and as investors globally turned shy on risky assets with interest rate rises looming around the world. Bitcoin, the biggest cryptocurrency by market value, fell about 5% to a three-month low of $18,387. Ether, the second largest cryptocurrency, dropped 3% to a two-month low of $1,285 and is down more than 10% in the last 24 hours. Most other smaller tokens were deeper in the red. The Ethereum blockchain, which underpins the ether token, had a major upgrade over the weekend called the Merge that changes the way transactions are processed and cuts energy use. The token's value has fallen amid some speculation that remarks last week from U.S. Securities and Exchange Commission Chairman Gary Gensler implied the new structure could attract extra regulation. Trades around the upgrade also were unwound. "It's speculation as to what might or might not happen," said Matthew Dibb, COO of Singapore crypto platform Stack Funds, on the regulatory outlook. "A lot of the hype has come out of the markets since the Merge," he said. "It's really been a sell-the-news type of event," he added, given the nervous global backdrop, and said ether could test $950 in coming months. "Looking at the landscape right now, both fundamentally and technically, it's not looking great. There's no immediate bullish catalyst that we can see that's going to prop up these markets and bring in a whole lot of new money and liquidity." (Reporting by Tom Westbrook; Editing by Kirsten Donovan)... - Reddit Posts (Sample): [['u/MilesPower', 'Which well known (top 500ish) crypto has the worst name/branding?', 47, '2022-10-16 00:58', 'https://www.reddit.com/r/CryptoCurrency/comments/y515rs/which_well_known_top_500ish_crypto_has_the_worst/', 'In adoption, branding and marketing is everything.\n\nWith rumours circulating that Satoshi was thinking of calling Bitcoin "Netcoin" it got me thinking about branding and adoption.\n\n[^(https://cointelegraph.com/news/bitcoin-was-almost-named-netcoin-by-satoshi-nakamoto-hints-domain-data)](https://cointelegraph.com/news/bitcoin-was-almost-named-netcoin-by-satoshi-nakamoto-hints-domain-data) \nGenerally I\'ve always been a big believer that, if your project has a bad name and the currency has a totally different name, potentially with an awful logo, then it\'s going to struggle to get used. \nPeople either won\'t remember it, or they\'ll think it sounds weird and won\'t want to talk about it or ask their friends "Hey can you just send me 5 eloncumrocketcoin to pay for that beer last night?"\n\nIn my opinion Satoshi absolutely nailed it the first time around with Bitcoin. The first protocol released was just called Bitcoin, the network is the Bitcoin network, it\'s got a simple logo, it has a simple name that anyone even remotely familiar with computer jargon can understand and most importantly the currency of the bitcoin network is called bitcoin.\n\nBut some projects have deviated from Satoshi\'s naming convention, some going as far as to have completely different currencies to the name of the network:\n\nCardano - ADA \nHedera - HBAR \nPolygon - Matic \nCosmos - Atom (This gets a pass from me just because it sounds cool)\n\nAs per the title, in my honest opinion Tezos has the worst branding. When I see the logo I simply don\'t think "digital age, new money, cryptocurrency" I think pharmaceutical company. I also can\'t imagine myself ever asking someone "could you just lend me some Tez?" it sounds more like a kirkland brand Pez and I think that is a genuine issue that might affect adoption. \n\n\nhttps://preview.redd.it/dycgm3pbt1u91.jpg?width=400&format=pjpg&auto=webp&s=876e1ef5e0b60a9f16b6ac92cc6f9f1544d05f9a\n\nThat said, I remember thinking "Ethereum" was far too pretentious a name to ever catch on and that people would think it sounded absurd at the time so I understand that I am potentially an awful judge of what is or isn\'t marketable so you tell me. \n\nWhich coins/networks do you think will struggle with adoption purely from a marketing, naming or branding standpoint?', 'https://www.reddit.com/r/CryptoCurrency/comments/y515rs/which_well_known_top_500ish_crypto_has_the_worst/', 'y515rs', [['u/MilesPower', 12, '2022-10-16 01:00', 'https://www.reddit.com/r/CryptoCurrency/comments/y515rs/which_well_known_top_500ish_crypto_has_the_worst/ish3fci/', 'I forgot about Harmony (which is probably for the best given how that turned out) but I cannot un-link Harmony the cryptocurrency from [eHarmony](https://www.eharmony.co.uk/) the dating site in my head.', 'y515rs'], ['u/vjeva', 22, '2022-10-16 01:03', 'https://www.reddit.com/r/CryptoCurrency/comments/y515rs/which_well_known_top_500ish_crypto_has_the_worst/ish3qtg/', 'It has to be the current #19 coin by Mcap at the moment called: **UNUS SED LEO**\n\nI mean...WTF!', 'y515rs'], ['u/Rookslook', 25, '2022-10-16 01:04', 'https://www.reddit.com/r/CryptoCurrency/comments/y515rs/which_well_known_top_500ish_crypto_has_the_worst/ish3xfe/', 'ICP-internet computer sounds like it was named by a committee of old folks and reminds me of insane clown posse', 'y515rs'], ['u/Slainte042', 14, '2022-10-16 01:05', 'https://www.reddit.com/r/CryptoCurrency/comments/y515rs/which_well_known_top_500ish_crypto_has_the_worst/ish41rd/', "ApeCoin doesn't look appealing.", 'y515rs'], ['u/strudelpower', 101, '2022-10-16 01:06', 'https://www.reddit.com/r/CryptoCurrency/comments/y515rs/which_well_known_top_500ish_crypto_has_the_worst/ish480i/', "**Internet Computer**\n\nI don't even know where to begin with this one. Were they targeting grandmas who thought they were buying a computer machine for their grandkids?\n\nSounds like some corny 90s commercial for an overpriced PC and a free joystick and a bootleg DOOM.", 'y515rs'], ['u/RepulsiveCan5270', 42, '2022-10-16 01:09', 'https://www.reddit.com/r/CryptoCurrency/comments/y515rs/which_well_known_top_500ish_crypto_has_the_worst/ish4nfx/', 'Basic attention token, wtf?', 'y515rs'], ['u/ersleid', 19, '2022-10-16 01:14', 'https://www.reddit.com/r/CryptoCurrency/comments/y515rs/which_well_known_top_500ish_crypto_has_the_worst/ish5bjl/', 'As soon as I read the post, I was expecting a lot of comments answered ICP\n\nI was not disappointed', 'y515rs'], ['u/bigmaneting', 105, '2022-10-16 01:15', 'https://www.reddit.com/r/CryptoCurrency/comments/y515rs/which_well_known_top_500ish_crypto_has_the_worst/ish5c4f/', 'It definitely has to be 1inch lol', 'y515rs'], ['u/ersleid', 30, '2022-10-16 01:17', 'https://www.reddit.com/r/CryptoCurrency/comments/y515rs/which_well_known_top_500ish_crypto_has_the_worst/ish5ntm/', "It's not about the length, it's about the ~~market~~ performance", 'y515rs'], ['u/ersleid', 16, '2022-10-16 01:25', 'https://www.reddit.com/r/CryptoCurrency/comments/y515rs/which_well_known_top_500ish_crypto_has_the_worst/ish6oxo/', "Finger Horse Inu surely isn't winning any awards in the naming competition", 'y515rs'], ['u/Ofulinac', 21, '2022-10-16 01:27', 'https://www.reddit.com/r/CryptoCurrency/comments/y515rs/which_well_known_top_500ish_crypto_has_the_worst/ish6xrn/', 'The dump that coin had was absolutely insane', 'y515rs'], ['u/GodCunt', 14, '2022-10-16 01:40', 'https://www.reddit.com/r/CryptoCurrency/comments/y515rs/which_well_known_top_500ish_crypto_has_the_worst/ish8ove/', 'Bigger dump than a Pixar mom', 'y515rs'], ['u/The_Chorizo_Bandit', 42, '2022-10-16 01:48', 'https://www.reddit.com/r/CryptoCurrency/comments/y515rs/which_well_known_top_500ish_crypto_has_the_worst/ish9pd0/', 'Safemoon. \n\nNot safe. No moon.', 'y515rs'], ['u/mave_wreck', 10, '2022-10-16 02:03', 'https://www.reddit.com/r/CryptoCurrency/comments/y515rs/which_well_known_top_500ish_crypto_has_the_worst/ishbmsu/', 'They anticipated that people would like to say: " I am a BATman."', 'y515rs'], ['u/draztixx', 10, '2022-10-16 02:56', 'https://www.reddit.com/r/CryptoCurrency/comments/y515rs/which_well_known_top_500ish_crypto_has_the_worst/ishic75/', 'Anyone else stay away from coins just because the name isn’t cool enough?', 'y515rs'], ['u/FerDavUA', 13, '2022-10-16 04:07', 'https://www.reddit.com/r/CryptoCurrency/comments/y515rs/which_well_known_top_500ish_crypto_has_the_worst/ishraeu/', 'Whatever with "Inu", "rocket", "safe", "baby", etc. in its name', 'y515rs'], ['u/GapingFartLocker', 11, '2022-10-16 04:19', 'https://www.reddit.com/r/CryptoCurrency/comments/y515rs/which_well_known_top_500ish_crypto_has_the_worst/ishsr4w/', 'My dick may only be 1inch but it sure smells like a foot!', 'y515rs']]], ['u/Single_Ad9495', 'Answers from Yieldnodes team', 18, '2022-10-16 01:09', 'https://www.reddit.com/r/YieldNodes/comments/y51e2l/answers_from_yieldnodes_team/', "Hi Guys, \n\n\nI've sent an email with few questions recently, Yieldnodes team responded back to me with their answers. Below are the Q&As . Comment what do you think and please keep the logic, reasoning in mind instead of posting some hate comments that do no-good to any of us. BTW I've invested a significant amount for my standard in Yieldnodes so I am also in pain with current situation. Please comment if we can ask more relevant questions so as a community we can have a bit of peace. \n\n\n **Question and Answers :**\n\n1) How much of investors money left with Yieldnodes? And What percentage? \n Answer: (Please keep it simple and to the point) \n Cash Reserves: (example €100 millions) \n BTC holdings : (example 500 BTCs approximately €10mil ) \n Saap holdings : \n USDT Holdings: \n USDC holdings : \n Others: Please specify if it is a large portion. \n Percentage of funds : 50% or 90% or 100% or 110% of funds are frozen. \n \n\n**Answer : Around 10 % is left. We from the support are not allowed to publish numbers.** \n \n\n2) What will happen to future plans of Yieldnodes team such as creating Yield spaces/hubs and creating own decentralised infrastructure etc... \n \n\n**Answer : We don't know it yet, all news willbe published via newsletter.** \n \n\n3) Can Yieldnodes balance can be left in Euros as is(instead of NFTs) and have a choice of buying equity or profit share from real world assets or request withdrawal when funds available ? (Because team can focus on starting up of Yieldnodes Pro project instead of creating NFTs and their portal) \n \n\n**Answer : We don't know it yet, all news willbe published via newsletter.** \n \n\n4) What could be the expected yield from Yieldnodes Pro project like 5-15% per month? \n \n\n**Answer : We can't predict the market, so any numbers written now could be wrong.** \n \n\n5) Can Yieldnodes team send a weekly news letter with updates, photos of work being done to provide assurance to the community? \n \n\n**Answer : We will send newsletters but not weekly. But for sure we are here and go nowhere.** \n \n\n6) Who are the investors offering 300 millions worth of investment? \n \n\n**Answer : The asset proof will be published soon.** \n \n\n7) Rumours are that investment came from Decenomy, can you shed some light on the rumors? \n \n\n**Answer : The investment comes from a private investor from outside. Neither YieldNodes nor Decenomy money will be invested.** \n \n\n8) If money available from investors, is it possible to release funds and let Yieldnodes investors to request withdrawal of eligible/withdrawable funds? \n \n\n**Answer : We are working on a emergency withdrawal strategy, will be published soon** \n \n\n9) If Yieldnodes already struggling to keep up with markets, why did Yieldnodes introduced ne... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening:\nPrices:Bitcoin and other major cryptos rose slightly on Sunday but remained about where they were at the start of the weekend.\nInsights:A Pan-Asian digital currency may not be as desirable as Chinese researchers believe.\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.\n●CoinDesk Market Index (CMI): 942.40+1.2%\n●Bitcoin (BTC): $19,262+0.9%\n●Ether (ETH): $1,305+2.2%\n●S&P 500 daily close: 3,583.07−2.4%\n●Gold: $1,653 per troy ounce+0.7%\n●Ten-year Treasury yield daily close: 4.01%+0.06\nBitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX); Gold is the COMEX spot price. Information about CoinDesk Indices can be found atcoindesk.com/indices.\nCryptos Remain in a Holding Pattern\nBy James Rubin\nBitcoin continued its recent residency above $19,000 in another quiet trading weekend as investors weighed the same two issues that have been dominating their thoughts for months: inflation and recession.\nThe largest cryptocurrency by market value was recently trading at about $19,250, slightly up over the previous 24 hours and from where it stood at the start of the weekend. BTC has traded listlessly within a narrow $19,000 to $21,000 range it\'s held for much of the past month. Analysts see the trend continuing short of an unexpected catalyst in the weeks ahead.\nAn expected 75 basis point interest rate increase at next month\'s Federal Open Market Committee (FOMC) meeting and continued U.S. Federal Reserve hawkishness through the end of the year seems already entrenched in investors\' thinking as the U.S. central bank looks to staunch doggedly high inflation. The Federal Reserve is aiming to reduce inflation to 2% from its current 8.2% reading.\n"Bitcoin is holding up nicely," Edward Moya, senior market analyst at foreign exchange market maker Oanda, wrote in an email. "Risk aversion is running wild and bitcoin is not breaking. Fed rate hike expectations are rising and bitcoin is still holding onto the $19,000 level."\nEther was recently changing hands just above $1,300, up more than 2% from a day earlier. The second-largest crypto by market value has been tangoing with this level since mid September shortly after the Merge, the technological overhaul to shift the Ethereum blockchain into a more energy efficient proof-of-stake protocol. Other major cryptos were recently trading mostly higher, with AAVE and ALPACA both up about 5%. XRP was off approximately 1.5%.\nThe CoinDesk Market Index (CMI), a broad-based market index that measures the performance of a basket of cryptocurrencies, was up 1.35%. The Crypto Fear and Greed Index recently returned to extreme fear territory.\nStocks\nAfter spiking unexpectedly following Thursday\'s disappointing Consumer Price Index report, equity markets returned to the downtrodden ways they\'ve followed for much of the year with the tech-heavy Nasdaq closing Friday down 2.2% and the Dow Jones Industrial Average and S&P 500 both off more than a percentage point. The gyrations of the past two trading days reflected ongoing worries that have made investors risk averse.\n"The Fed wants further concrete evidence that inflation is trending toward its 2% objective and that hasn\'t come to fruition partly because the bulk of our inflation problems are attributable to supply stocks, and monetary policy can\'t address that source of inflation," research group Moody\'s Analytics wrote in a weekly report.\nU.S. real estate and China productivity will occupy in the spotlight among this week\'s major economic indicators. The National Association of Home Builders will release its monthly Housing Market Index on Monday. The index, a measure of builder sentiment,has fallennine consecutive months, a reflection of the softening U.S. real estate market. China will announce third-quarter gross domestic product and September manufacturing, both year over year.\nAnd the third-quarter earnings season will continue after a week of mixed results from financial services giants, including JPMorgan Chase (good) and Citigroup and Morgan Stanley (not so good).\nCrypto news\nOn Saturday, Avraham Eisenberg admitted that he was part of a group that drained $114 million from decentralized crypto exchange Mango Markets last week, andreturned $67 millionto the Solana-based decentralized finance (DeFi) hub, even as he defended his actions — which some have called an exploit — as both legal and highly lucrative. The exploit is one of several to plague platforms in recent weeks. Earlier this month month, BNB Chain, a blockchain closely connected with crypto exchange Binance, was thevictim in a hackthat ultimatelydrainedthe ecosystem of $100 million in crypto.\nOanda\'s Moya noted optimistically that bitcoin’s current "stabilization period is good news for long-term bulls."\n"The high-frequency trading systems and hedge funds have their preferred shorts and right now it seems Bitcoin is becoming a long-term bet for many," Moya wrote. "If U.S. stocks tumble below the 3,600 level this earnings season, and Bitcoin does not break below the summer lows, the crypto winter can officially be called over."\n[{"Asset": "Chainlink", "Ticker": "LINK", "Returns": "+4.0%", "DACS Sector": "Computing"}, {"Asset": "Loopring", "Ticker": "LRC", "Returns": "+2.3%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Ethereum", "Ticker": "ETH", "Returns": "+2.3%", "DACS Sector": "Smart Contract Platform"}]\n[{"Asset": "XRP", "Ticker": "XRP", "Returns": "\\u22121.4%", "DACS Sector": "Currency"}, {"Asset": "Terra", "Ticker": "LUNA", "Returns": "\\u22120.7%", "DACS Sector": "Smart Contract Platform"}]\nA Pan-Asian Digital Currency? Good Luck Getting Rivals to Cooperate\nBy Sam Reynolds\nAsia’s economies can be both the best of friends, and the worst enemies.Are they really going to be charmedby a proposed pan-Asia central bank digital currency to erode dollar hegemony backed by China?\nChinese state researchers say such an initiative would bolster monetary cooperation between the regions’ economies, lessening their dependence on the U.S. dollar. But such an effort would present formidable obstacles.\nWhile the world’s modern industrial supply chain crisscrosses the Asian continent, the same companies that, say, provide Apple parts for its iPhone also compete to replace each other for parts for next year’s model.Samsung provides the displayfor the iPhone, yet its foundry divisioncompetes with Taiwan Semiconductorto fabricate Apple’s latest chips for the phone.\nTechnological rivalry\nThere’s a deep technological rivalry between nations in Asia. Japan is the region’s oldest industrialized economy and a target for South Korea’s chaebols. Although the origin of the likes of Sony and Panasonic differ from Samsung and LG, ultimately South Korea’s consumer electronics industrybested its Japanese rival, and Trinitron TV’s are no longer a mainstay in every home.\nPart of that is technological – Samsung and LG didn’t invent the LCD display but were better at innovation – but part of it involves economics and exchange rates. In the mid-2000s, South Korea, an emerging market, had a much lower cost of labor.But from the late 1990s, Japan’s consumer electronics companies sounded the alarm on the strong yen’s impact on their bottom line.\nAlthough Sony’s PlayStation 2 was a must-have for any gamer in 2000, its immense development cost, a sky-high yen, and slowing sales of televisions made the year disappointing for the company’s balance sheet and stock. In May 2000,ComputerWorld reportedthat had it not been for the strong yen, operating income would have been 39% higher.\nThat story was the samefor most of the decade, with staggering losses every year, and by2012 obituaries were being writtenfor Sony’s consumer electronics business andJapan’s manufacturers as a whole.Despite the pain it was causing for Japan’s exporters, the yen stayed strong because of the world’s macroeconomic condition at the time.\nFor a while, manufacturing Toyota vehicles in Kentucky to export to Korea was more viable because of the strength of the yen, as theFinancial Times reported. in 2011. Meanwhile,as the decade wore on, high-end LG’s 4K and 8K Korean TVs started to steal market share from Sony and Panasonic in Japan (despite a strong consumer preference for homegrown brands) because of LGs’ competitive price. This trend occurred,although Sony invented the OLED technologythey use.\nSo with that in mind, what interest would Seoul have in adopting a pan-Asia digital currency? For most of the last two decades, the relative strength of the yen compared to the won has turbocharged exports since Japan and Korea’s economies are direct competitors.\nA falling yen\nNow the yen is at a historic low, which will make it easier for Tokyo to boost exports. It’s also convenient for those in the hospitality industry, as Japan looks like a compelling post-COVID tourism destination now that border controls have been relaxed.\nMost other central bankers in the region are aware of the need to keep their currencies competitive; perhaps too keenly aware of this. In 2017,S&P Global showed thatTaiwan, South Korea and Thailand were some of the world’s largest currency manipulators (ironically,Taiwan is the larger currency manipulatorthanChina). Having one, unified, Euro-like currency for the region isn’t going to be a popular move.\nKeeping the status quo is desirable\nAnd none of these countries want to disrupt U.S. dollar hegemony, for the same reason. In markets likeTaiwanandSouth Koreathere are no foreign holdings of their respective currencies (which gives them the ultimate control over their exchange rates). Exports and imports arelargely denominated in U.S. dollars, with both 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: 2022-10-17 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $374,311,083,988 - Hash Rate: 265533326.945426 - Transaction Count: 260471.0 - Unique Addresses: 613662.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.20 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Authorities in South Korea have requested crypto exchanges OKX and KuCoin to freeze some 3,313 bitcoin (BTC), worth around $67 million, tied to Terraform Labs co-founder Do Kwon, CoinDesk Korea reported on Tuesday. The bitcoin was transferred to digital wallets of the exchanges shortly after an arrest warrant was issued for Kwon in South Korea on Sept. 14, according to the report. Authorities accused the crypto entrepreneur of violating the country's securities laws and issued the warrant just months after the collapse of the $40 billion Terra ecosystem , which triggered a market downturn and the collapse of other major players in the industry. While Kwon has maintained he is not on the run , South Korean authorities had asked Interpol for assistance in locating him. On Monday, Interpol put out a Red Notice , which is a request to law enforcement around the world to locate and provisionally arrest Kwon pending extradition, surrender or similar legal action. Blockchain data analytics platform CryptoQuant says a digital wallet for the Luna Foundation Guard (a nonprofit set up in Singapore to promote Terra's growth) was "suddenly" created on crypto exchange Binance on Sept. 15. In the three days that followed, 3,313 BTC were transferred to KuCoin and OKX. In the months before Terra collapsed, the Luna Foundation Guard bought around $1.5 billion worth of bitcoin to beef up the reserves for its stablecoin UST. While KuCoin has frozen some 1354 BTC ($27 million) transferred to the platform, OKX is allegedly "ignoring the prosecution's request to freeze assets" according to the article. CoinDesk has reached out to KuCoin and OKX for comment. Read more: Interpol Issues Red Notice for Do Kwon: Report 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:** ['There is no denying that the cannabis sector has witnessed incredible growth in recent years. From activist movements pushing for legalization and strong backing from investors who want nothing more than a piece of this pie, it seems like the sky is the limit for the sector. Despite the beating the cannabis sector has taken in over the past several months, there are multiple cannabis stocks with strong buy ratings from analysts. Most cannabis stocks actually performed relatively well, despite pandemic-led troubles which hampered progress on the legalization front in the U.S. Indeed, the lack of progress on U.S. federal cannabis reform has further exasperated concerns for investors. However, recent developments point to a brighter future ahead. Demand for marijuana is at an all-time high, and global sales are expected to increase by 22% this year. A record number of voters now favor legalization, suggesting there’s a lot more potential in the marijuana sector than many anticipated. With that being said, let’s look at seven of the top cannabis stocks that boast strong analyst ratings from data gathered from Tipranks . InvestorPlace - Stock Market News, Stock Advice & Trading Tips CURLF Curaleaf $5.34 JUSHF Jushi Holdings $1.56 GTBIF Green Thumb Industries $10.20 CRLBF Cresco Labs $3.14 TCNNF Trulieve Cannabis $10.16 VFF Village Farms International $2.03 VRNOF Verano Holdings $4.74 Curaleaf ( CURLF ) This New Business Transformation Plan Makes Aurora Stock Interesting Curaleaf (OTCMKTS: CURLF ) is one of the largest U.S.-based cannabis stocks, providing investors access to a significant retail and wholesale footprint. The company currently operates 136 retail locations and 26 cultivation sites in the country. Curaleaf has been one of the more consistent cannabis businesses in its niche, positioning itself for long-term growth by investing in new markets, winning licenses, and acquiring other operators. Moreover, the company’s profitability has been impressive, with its gross margins and EBITDA margins coming in at 51.9% and 25.5% in its most recent quarter. Story continues Unlike its peers, Curaleaf is one of the top cannabis stocks in terms of international expansion. In particular, Curaleaf has made some noteworthy acquisitions in Europe. The company acquired a couple of European medical cannabis businesses in EMMAC and Pharma GmbH to establish its presence in the region. The European marijuana market is estimated to be worth $229 billion over the long term, and CURLF’s dual focus gives it the edge over its competition. Jushi Holdings ( JUSHF ) Cannabis leaf on dollar bill Source: Shutterstock Jushi Holdings (OTCMKTS: JUSHF )\xa0is quickly evolving into one of the leading cannabis multi-state operators (MSO), yet it trades at just 1-time forward sales. The company has grown its sales by triple-digit percentages over the past couple of years, and is likely to wrap up 2022 with record sales. Jushi ended the second quarter by adding key retail locations in its core markets in Virginia. Also, the company acquired Nevada-based NuLeaf to expand its presence in the state. This cannabis company is a direct beneficiary of the substantial growth expected from the Virginia market. Indeed, Virgina is expected to launch recreational cannabis in 2024 and has significantly relaxed medical cannabis regulations. Additionally, the firm has multiple assets in key markets such as Ohio, Illinois, Massachusetts, Nevada, and Pennsylvania, where it plans to transition from medical to recreational cannabis shortly. Therefore, the hyper-growth business is far too cheap for investors to ignore. Green Thumb Industries ( GTBIF ) A close-up shot of a marijuana growhouse. Source: Shutterstock Green Thumb Industries (OTCMKTS: GTBIF ) is one of the strongest operators in the cannabis sector, with an impeccable track record. Sales and profits continue to soar as the company expands its store count in the most lucrative markets in the U.S. Moreover, Green Thumb has done incredibly well in managing investor expectations and delivering on its goals. Despite various headwinds, the firm reported strong numbers in its second quarter. Green Thumb grew sales by 14.6% y ear-over-year. Notably, this was the eighth consecutive quarter where the company reported positive GAAP earnings, an incredible feat compared with other players in the sector. The company boasts one of the strongest margin profiles in the sector, which continues to improve with every passing quarter. Moreover, its cash flow margin is also creeping up, and could grow by double-digits in a more conducive environment. Cresco Labs ( CRLBF ) Dumping Acquisitions Could Signal More Bad News for ACB Stock Source: Shutterstock Cresco Labs (OTCMKTS: CRLBF ) is another leading MSO with a robust track record of growing its top and bottom lines. Moreover, its tremendous profitability numbers have enabled the company to expand its business at a healthy pace over the past few years. Sales in the company’s most recent quarter were relatively unimpressive, considering pricing pressures in key markets such as Pennsylvania. Nevertheless, Cresco continues to push forward with its wholesale footprint. The company has increased its sales volume and market share in multiple states across the U.S. Moreover, it expects to receive roughly $300 million in proceeds from unloading some of its assets, resulting in higher profits. Cresco’s acquisition of New Jersey-based operator Columbia Care has the market buzzing. The state recently launched adult-use cannabis, meaning this acquisition provides Cresco access to the Garden State. Cannabis sales in the New Jersey market are estimated to be $775 million this year and could reach $2 billion in the next five years. Trulieve Cannabis ( TCNNF ) Source: Shutterstock Trulieve Cannabis (OTCMKTS: TCNNF ) is a medical cannabis giant with a strong presence in the burgeoning Florida market. Moreover, last year, the company undertook a massive acquisition of Harvest Health to expand its footprint outside of Florida to the northeast and southwest of the U.S. Notably, investors appear to have gotten spooked by the substantial increase in its debt load following the acquisition. That said, Trulieve’s encouraging second-quarter results have shown that those fears are overblown. With the Harvest Health acquisition, Trulieve became the most “ profitable public multi-state operator ” in the U.S., with over 175 dispensaries across 11 states. Most investors are concerned about how Trulieve will be able to foot the bill. However, its massive 43% growth in sales in the second quarter has shown that it may have enough cash flow to cover the cost over the next few quarters. Moreover, with the potential legalization of adult-use marijuana in Florida, Trulieve could be looking at a massive windfall in sales over the next couple of years. Village Farms International ( VFF ) aurora stock Source: Shutterstock Of all the Canadian cannabis stocks out there, Village Farms International (NASDAQ: VFF ) is arguably the best option for investors looking to play this space. The Canadian cannabis market has shown signs of strong growth of late, with leading licensed producers seeing incredible sales growth in recreational cannabis. According to research firm Hifyre , recreational cannabis sales in Canada have grown by 21% this year through August. Moreover, VFF has successfully matched its supply with market demand, unlike its peers. VFF reported robust cannabis sales in the second quarter, where its top line improved 37% sequentially, generating record branded retail revenues at CA$26.7 million. Also, the company has invested in a European cannabis upstart to foray into the region. That said, the bigger positive is that the Canadian cannabis market is finally showing stability for producers, and VFF remains the best way to play the sector. Verano Holdings ( VRNOF ) marijuana stocks Hand gently holding rich soil for his marijuana plants Source: Jetacom Autofocus / Shutterstock.com Verano Holdings (OTCMKTS: VRNOF ) is another top vertically-integrated multi-state marijuana operator in the U.S. The company went public last year, but has already become a leading MSO with 135 operating retail stores. Notably, Verano has a strong footprint in Florida, followed by Pennsylvania and Illinois. The firm has reported robust second-quarter sales of $224 million , up 12% from the prior-year period, with gross profits coming in at 44% of sales. Additionally, the company has managed to reduce its net loss to $10 million. That’s a substantial decline from a $30 million net loss in the first quarter of last year. Verano’s management team has laid out its plans for long-term profitability. The goal is to focus on gaining efficiencies through automation and innovation. This will ensure better genetics for profitable cultivation. Additionally, with the company closing out its deal to acquire Goodness Growth, Verano now has a stake in the profitable New York market, which bodes well for long-term investors. Penny Stocks 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:\xa0Penny Stocks — How to Profit Without Getting Scammed On the date of publication, Muslim Farooque 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.com Publishing Guidelines. Muslim Farooque is a keen investor and an optimist at heart. 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: 2022-10-18 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $375,169,990,388 - Hash Rate: 251371549.5083366 - Transaction Count: 257694.0 - Unique Addresses: 615413.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.22 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin custodied by Singapore-based DBS Digital Exchange (DDEx) grew by 30% from April 30 to June 30 this year while Ethereum under custody grew by 3% during the same period. See related article:DBS Bank slams brakes on retail crypto trading • Bitcoin bought on DDEx in June was nearly four times that of April this year, while Ethereum purchased in the exchange in June was 65% higher than in April, DDEx said in a statement. • Investors are picking up buying opportunities amid attractive valuations, with “buys” accounting for over 90% of trades on DDEx in June this year, the exchange backed by Southeast Asia’s largest lender said. • DBS Bank-backed DDEx said its professional investor clients are parking more digital assets with its custody solution amid volatile market conditions. • The member-only exchange said it is on track to roll out self-directed trading for accredited investors in the coming months, allowing them greater control over their digital asset portfolios. • “What we are seeing in the digital asset industry is a great reset as the investment narrative shifts decisively away from the chase for yield,” Lionel Lim, chief executive of DBS Digital Exchange, said in a statement. “Investors today are instead seeking out safe harbors to trade and store their digital assets amid the ongoing market volatility.” • The exchange registered a 10% growth in its customer base as of June 30 compared to April 30, the exchange said. See related article:DBS Digital Exchange hits new high in trading value... - Reddit Posts (Sample): [['u/CatsNSats', 'Quant will be a coin that Millionaires will like...', 40, '2022-10-18 01:07', 'https://www.reddit.com/r/QuantNetwork/comments/y6prl4/quant_will_be_a_coin_that_millionaires_will_like/', "Since Quant serves to get Banks and large companies into Blockchain and to allow them to have cross chain tokenization, wouldn't this mean that it's one of the few Crypto Coins that Millionaires will see around often enough? Anything that's useful to corporations and banks tends to fall into the eyes of those with significant money -- and being of limited supply wouldn't this compel Millionaires to actually want to hold and that companies will put on their balance sheet as reserves? (Cause that's what they tend do with Bitcoin, for that very same reason...)\n\n​\n\nOnce Millionaires want to actually hold an asset, then the sky is the limit.....", 'https://www.reddit.com/r/QuantNetwork/comments/y6prl4/quant_will_be_a_coin_that_millionaires_will_like/', 'y6prl4', [['u/YogurtclosetTop5906', 12, '2022-10-18 02:17', 'https://www.reddit.com/r/QuantNetwork/comments/y6prl4/quant_will_be_a_coin_that_millionaires_will_like/isqqcru/', "Couldn't have said it better myself.", 'y6prl4'], ['u/rsa121717', 36, '2022-10-18 02:43', 'https://www.reddit.com/r/QuantNetwork/comments/y6prl4/quant_will_be_a_coin_that_millionaires_will_like/isqtp3r/', 'Comments like this really make me doubt it', 'y6prl4'], ['u/InevitableJeweler763', 13, '2022-10-18 03:36', 'https://www.reddit.com/r/QuantNetwork/comments/y6prl4/quant_will_be_a_coin_that_millionaires_will_like/isr0gzo/', "I will hodl cause i'm so exciting about the gateway staking.. it will come soon hopefully, really bright future to hold this diamond💎", 'y6prl4'], ['u/Boohan33', 10, '2022-10-18 03:58', 'https://www.reddit.com/r/QuantNetwork/comments/y6prl4/quant_will_be_a_coin_that_millionaires_will_like/isr39yy/', '6 figure? 7 figure?🤔 Yeah, I don’t think so. Such a Reddit comment…', 'y6prl4'], ['u/Own-Struggle4145', 10, '2022-10-18 06:20', 'https://www.reddit.com/r/QuantNetwork/comments/y6prl4/quant_will_be_a_coin_that_millionaires_will_like/isrjxu0/', 'The network will be worth a lot compared to now, but it won’t become a 7 figure asset. That would make the market cap 14.6 trillion. That’s not happening.\n\nJust because the network helps to facilitate transactions across banking networks that move trillions of dollars of assets per year, it doesn’t make the network worth that much.\n\nSwift and SIA are not worth trillions.', 'y6prl4']]], ['u/Rehrar', 'New Stack Wallet release (1.5.7). Fixed BCH not showing on iOS, Incognito mode, and more.', 20, '2022-10-18 01:09', 'https://www.reddit.com/r/btc/comments/y6pt93/new_stack_wallet_release_157_fixed_bch_not/', "So yeah, had a bit of an embarrassing moment. Stack Wallet had BCH hidden in the UI in iOS so you couldn't actually make a wallet. Worked in Android though. Either way it's fixed now with the new release. Apple users rejoice!\n\nIn addition we've got a new Incognito mode which blocks most external API calls, and doesn't preload the Exchange. On a new wallet install you'll be presented to go Easy Crypto or Incognito. Those of you who have it installed already can switch between them in Advanced Settings.\n\nWe've also added another Swap service, SimpleSwap. The exchange service is Android only for now because Apple doesn't like it. We're figuring out what's up. The exchange kickback is how we make our money, so if you want to support us that'll be the way to do it.\n\nThat said, I know many of you like to hold onto your crypto and don't care for swapping them about, so we've decided to have a couple of donation addresses. Not wanting to swap is understandable, but if you like the work that we're doing and want to see Stack Wallet grow, get more features, and more, then consider supporting us. FOSS for reals.\n\nBCH: 17CEnmwX3CNtseQUM9UWpXMAMcvouJfkDt \n\nXMR: 43PyLWTdBie7HMQtbp8Ly2hmdCQ4semSLfBUkzs3hnaS47BapF5HeyW8ba47aADEYnXk4vNnkACvvZNpV2Bc4UMuFXGgVZ5 \n\nBTC: bc1qq947vx0j279svtpkjxhahvtndknj6z6em6mdk9 \n\nWell, that's it for this one guys. Thanks so much for your support and giving us a shot! We're super excited about what lies ahead, and seriously considering integration of things like Flipstarter and CoinFusion.", 'https://www.reddit.com/r/btc/comments/y6pt93/new_stack_wallet_release_157_fixed_bch_not/', 'y6pt93', [['u/sandakersmann', 10, '2022-10-18 10:41', 'https://www.reddit.com/r/btc/comments/y6pt93/new_stack_wallet_release_157_fixed_bch_not/iss3wdn/', 'Very nice :) I would prioritize implementing Cashaddr first: https://github.com/bitcoincashorg/bitcoincash.org/blob/master/spec/cashaddr.md', 'y6pt93']]], ['u/Antana18', "Greenpeace took a $5M donation from Ripple's co-founder Chris Larson to lobby against Bitcoin", 193, '2022-10-18 02:37', 'https://www.reddit.com/r/CryptoCurrency/comments/y6rs78/greenpeace_took_a_5m_donation_from_ripples/', "Greenpeace USA and the Environmental Working Group took a $5M donation from Ripple's ex-CEO/co-founder Chris Larson to lobby against/ spread misinformation about Bitcoin and its environmental impact lobbying towards a code change. \n\nThe climate groups are pushing for institutions such as Fidelity, BlackRock, Block and PayPal to influence the Bitcoin protocol. The group's objectives are to have these institutions force a change in the consensus model from PoW to PoS.\n\nThey recently launched a $1m ad campaign (article: https://www.bloomberg.com/news/articles/2022-03-29/greenpeace-crypto-billionaire-lobby-to-change-bitcoin-s-code) to achieve max attention.\n\nWhile Bitcoin’s impact on the environment is disputed, I found it very remarkable to see Larson to use Greenpeace and ESG agenda as a way to weaken potential competing projects!", 'https://www.reddit.com/r/CryptoCurrency/comments/y6rs78/greenpeace_took_a_5m_donation_from_ripples/', 'y6rs78', [['u/Kappatalizable', 59, '2022-10-18 02:42', 'https://www.reddit.com/r/CryptoCurrency/comments/y6rs78/greenpeace_took_a_5m_donation_from_ripples/isqtkux/', 'Seems like Greenpeace really likes their *Green* huh', 'y6rs78'], ['u/Ateam043', 22, '2022-10-18 02:43', 'https://www.reddit.com/r/CryptoCurrency/comments/y6rs78/greenpeace_took_a_5m_donation_from_ripples/isqtpop/', 'While I get BTC and Ripple/XRP are competing projects it doesn’t sound smart to pay someone $5M to lobby against Bitcoin considering a lot of folks don’t know about cryptocurrency to begin with.\n\nThis move can backfired as the lobbying may go against all crypto.', 'y6rs78'], ['u/big_fetus_', 22, '2022-10-18 02:51', 'https://www.reddit.com/r/CryptoCurrency/comments/y6rs78/greenpeace_took_a_5m_donation_from_ripples/isqus07/', 'I hope Ripple wins their lawsuit and can finally become as irrelevent as EOS and BSV.', 'y6rs78'], ['u/jesuzombieapocalypse', 36, '2022-10-18 03:14', 'https://www.reddit.com/r/CryptoCurrency/comments/y6rs78/greenpeace_took_a_5m_donation_from_ripples/isqxmos/', 'They’ve been a joke ever since they switched from protesting nuclear weapons testing to protesting nuclear reactors.', 'y6rs78'], ['u/Extravagos', 11, '2022-10-18 03:18', 'https://www.reddit.com/r/CryptoCurrency/comments/y6rs78/greenpeace_took_a_5m_donation_from_ripples/isqy5gh/', "They've always been infamous ever since I've heard of them. I remember they messed up the Nazca lines too", 'y6rs78']]], ['u/mattyb_loopring', 'Unleash the Utility of BTC on Loopring L2', 204, '2022-10-18 03:06', 'https://www.reddit.com/r/loopringorg/comments/y6sfhh/unleash_the_utility_of_btc_on_loopring_l2/', '# Unleash the Utility of BTC on Loopring L2\n\nEarlier this quarter, Loopring released the ability for L2 users to earn income via its [Dual Investment](https://medium.loopring.io/decentralizing-dual-investment-on-loopring-131e094abf65) product; the response has been amazing so far! At launch, DI supported ETH, LRC, and USD*. To continue offering our users more options, Loopring will now allow holders of WBTC to join in on the action!\n\nYou will now be able to use your WBTC to sell high or buy low, all while earning a high yield. And if you don’t hold WBTC yet, this is a great opportunity to buy it using USD* at a lower price while earning interest!\n\nSimply visit the Earn page and select WBTC-USDT or WBTC-USDC to start. Then, select whether you want to Sell WBTC High or Buy WBTC Low at your specified price and settlement date. Enjoy earning a high yield even if the target price isn’t met!\n\n---\n\n## For more information on **Dual Investment**:\n\n### What is it? \nDual Investment is a non-principal protected structured product. Upon purchasing, you can select the underlying asset, investment currency, investment amount, and delivery date. Your return will be denominated in the investment currency or alternate currency, depending on the below conditions.\n\nThere are two types of Dual Investment products: “Buy Low” and “Sell High”:\n\nBuy Low products give you a chance to buy your desired crypto (such as LRC) at a lower price in the future with stablecoins (USDC).\nSell High products gives you a chance to sell your existing crypto (such as LRC) at a higher price in the future (for USDC). \n\nYour token for investment remains in your account but is locked, as Loopring is a DEX. Each purchased product has a settlement date. Loopring will take an average of the market price in the last 30 minutes before 16:00 (UTC+8) on the delivery date as the settlement price.\n\n\n### What are the risks?\nOnce subscribed, users are not able to cancel or redeem the subscription until the Settlement Date. You may be better off holding your cryptocurrency, and may be required to trade your cryptocurrency at a less favorable rate of exchange than the market rate on Settlement Date.', 'https://www.reddit.com/r/loopringorg/comments/y6sfhh/unleash_the_utility_of_btc_on_loopring_l2/', 'y6sfhh', [['u/syxxnein', 20, '2022-10-18 03:17', 'https://www.reddit.com/r/loopringorg/comments/y6sfhh/unleash_the_utility_of_btc_on... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 Aptos blockchain mainnet launched last night, but the long-awaited debut was not without its challenges.\n"It\'s exciting to finally bring Aptos to mainnet," Aptos co-founder Mo Shaikh tweeted. "Acknowledged that it could have gone better."\nOn the technical front, Shaikh explained that the Aptos genesis occurred on October 12, 2022, with 102 validators to secure the network. "These validators have gone through extensive testing ahead of mainnet," he said.\nBefore the mainnetlaunch, Aptos boasted an astonishing 130,000 transactions per second (TPS) but, at launch, was reported to have a transaction per second speed of seven TPS—less than the Bitcoin blockchain.\n"The majority of these transactions are not actual transactions," wrote aspiring “Twitter VC ghostwriter" @ParadigmEng420. "They are merely validators communicating and setting block checkpoints and writing metadata to the blockchain."\nShaikh says the low TPS is not representative of the network\'s capacity and was "the network idling ahead of projects coming online, saying the transactions per second number should increase with more activity.\nShaikh then turned his attention to the issue of Aptos\' tokenomics, a facet that had drawn considerable questions and concerns following the launch. Shaikh said Aptos tokens are "designed with people at the core," and published a chart listing the four categories of token distribution and what percentage and amount of initial tokens each would receive.\nAccording to Shaikh, many of the tokens included those allocated to the community, with foundation categories staked at the time of the Aptos genesis. He explained that everyone who subsequently stakes would receive a pro-rata staking reward (~7% per yr) that would unlock every 30 days.\nNot everyone was impressed.\n"Locked tokens are a meme if they\'re used to farm and dump rewards," tweeted crypto analyst @AkadoSang, calling locking and staking tokens "a sneaky way to get liquidity since backers usually hold [a] great deal of supply."\nIn addition to the mainnet launch, Binance, FTX, and OKX said they are launching perpetual contracts using the Aptos APT token an hour after it startedtrading. Perpetual futures contracts allow traders to bet against the price of an asset.\nCrypto podcaster Cobie was not impressed with the FTX and Binance listings news, asking how a spot market can operate if traders don\'t know the emissions schedule or total supply of coins.\nFinally, addressing concerns about the brief unavailability of channels in the Aptos Discord server, Shaikh said the service was muted to protect community safety.\n"Most projects mute channels due to the high amount of scams," he said. "Community safety is a high priority."\nShaikh says that despite the hiccups at launch, multiple applications will go live over the next few days.\n"Building a decentralized protocol from the ground up is tough!" Shaikh said. "Aptos is fortunate to have a fantastic community that\'s constantly evolving together."', 'Look no further than a market downturn when searching for the best buying opportunities. Investors looking at a historical chart of the S&P500 and pinpointing the best buying opportunities, it\x92s almost guaranteed that most of the best buying opportunities come during a bad market downturn or a recession. Thus, historically-speaking, now is an excellent opportunity to go shopping for oversold stocks as the downturn continues to deepen. Recently-released inflation data was far from satisfactory, which likely means another oversized rate hike from the Federal Reserve. Of course, there is definitely some risk involved in buying stocks right now. That\x92s because stocks could have a lot of room to fall to the downside still. However, if you have a long-term outlook, this short-term turbulence should not scare you from taking advantage of deeply undervalued stocks. For instance, I believe most technology stocks present a great buying opportunity. That\x92s because this downturn has hit this sector particularly hard. Tech stocks are highly risky during economic contractions, but they are equally rewarding when the economy expands. Therefore, I believe most of the following seven best buying opportunities right now are tech stocks. InvestorPlace - Stock Market News, Stock Advice & Trading Tips NFLX Netflix $240.86 META Meta Platforms $132.80 PYPL PayPal Holdings $85.29 ZM Zoom Video $78.23 FVRR Fiverr $28.72 WIX Wix.com $75.88 SPOT Spotify $88.04 Netflix (NFLX) The Netflix logo on a tablet with earbuds and a bowl of popcorn nearby. Source: Riccosta / Shutterstock.com This year has been a disaster for Netflix (NASDAQ: NFLX ), after its previous weak earnings report sent the stock tumbling. The stock is currently down nearly 64% from its peak in 2021, and it could go down more as the platform\x92s user base declines to more sustainable levels. Netflix gained millions of subscribers during the coronavirus pandemic, and from the popular hits such as Squid Game . Therefore, I believe the recent decline in subscribers is not unnatural, and could be expected, as the company\x92s subscriber count reverts to more normal levels. Story continues Notably, Netflix has managed to hold onto its revenue despite declining subscribers. The company\x92s revenue growth has certainly slowed down, but it continues to grow despite broader economic headwinds. The company is still profitable and is a strongly recognized brand. Unfortunately, the only sluggish metric is the company\x92s stock price. NFLX stock is now valued at the same price it traded at in early-2018. Back then, the company had 50% lower levels of both subscribers and revenue. Therefore, I believe Netflix stock presents one of the best buying opportunities right now. Meta Platforms (META) Meta Written On The Googles - Man Wearing Virtual Reality Goggles Inside A Metaverse. FTC investigating META. Source: Aleem Zahid Khan / Shutterstock.com Facebook\x92s transition to Meta Platforms (NASDAQ: META ) has cost the platform dearly, as the failure of the metaverse to meet expectations has been seen across a number of key markets, including crypto. Virtual worlds ascribed to the metaverse typically incorporate digital currencies for transactions, and non-fungible tokens (or NFTs) for purchase. People are understandably no longer interested in such virtual worlds, particularly as these asset classes decline in value. However, contrarian investors will still find META stock to be of great value. The selloff that began earlier this year due to Meta Platforms\x92 bad earnings report dragged it down 65% from its peak to levels last seen in late 2016. That is undoubtedly oversold territory, particularly when one considers the company\x92s great fundamentals and profitability. Facebook remains Meta Platforms\x92 cash cow and continues to rake in profits . Despite the recent decline in META stock, this company currently has a price-earnings ratio of just above 11-times. I believe that is a bargain for a tech company that owns one of the largest social media platforms. Of course, there are still concerns about Facebook\x92s declining monthly active user count . However, as I\x92ve said with Netflix, the platform could be cooling down from the significant boost it got from the pandemic. Facebook is still in strong shape when compared to pre-pandemic user base and profitability metrics. The stock price is not. PayPal Holdings (PYPL) PayPal logo and front of headquarters PayPal Holdings (NASDAQ: PYPL ) has also been hit hard this year by the tech selloff. However, I believe PayPal will likely benefit from the burgeoning gig economy in the long run, as it is one of the most used platforms for domestic and international payments. Although PayPal\x92s net income turned negative in Q2 of this year, the company is likely to bounce back due to its consistent revenue growth. Still, I believe there is some short-term risk for PYPL stock as PayPal\x92s total active user numbers have flat-lined to 429 million in the last two quarters. Like with Facebook and Netflix, the company\x92s user count could continue to decline and prompt a further selloff for the stock. Nonetheless, I think the downside risk with this company is relatively low, considering PayPal\x92s long-term potential. This tech stock is still on solid footing and is a bargain in my book. Zoom Video (ZM) Zoom (ZM) logo on a building Source: Michael Vi / Shutterstock.com Zoom Video (NASDAQ: ZM ) boomed during the pandemic and gained nearly 800% in less than a year. However, as people returned to their offices and schools with the introduction of vaccines, the stock shed all its gains in the following years. ZM stock is now worth almost 25% less than in the summer of 2019. Nonetheless, even though the pandemic is no longer severe, universities and companies still widely use the platform. Remote work is continuing to grow in popularity.\xa0Thus, Zoom is uniquely positioned to gain from this secular growth trend, as the platform has around 50% of the video conferencing market share. In addition, Zoom has maintained its revenue and provides positive net income, at the time of writing. Thus, I believe ZM stock is one of the best buying opportunities in the market right now, due to the rise in the popularity of remote work. Fiverr International (FVRR) The Fiverr website displayed on a mobile phone screen. Source: Temitiman / Shutterstock.com Fiverr (NYSE: FVRR ) is an online marketplace platform for freelancers. I believe Fiverr is one of the best stocks to buy now as more businesses are shifting their workforce to include more gig workers. The expanding gig economy will benefit the company in the long-term. This is evidenced by the company\x92s annual double digit growth rate over the past decade. Moreover, FVRR stock is down by more than 91% since its peak in February 2021. I believe these are bargain levels considering the gig economy\x92s long-term prospects. Even though there is subs **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-10-19 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $369,928,828,800 - Hash Rate: 267303549.1250622 - Transaction Count: 263517.0 - Unique Addresses: 612805.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.23 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Injured Dogs Rescued from War in Ukraine Looking For Homes Courtesy of Breaking the Chains International Dogs Johnny and Phoenix are rising from the ashes of war to find loving forever homes. Breaking the Chains Animal Rescue (BTC), a U.K.-based animal rescue group, took in both canines after the dogs were injured during the ongoing war in Ukraine . Russia launched its large-scale attack on Ukraine on February 24 — the first major land conflict in Europe in decades. According to a release from Walkin' Pets — a pet mobility company — rescuers reportedly found Johnny shot by the Russian military and left with his back legs paralyzed. By the time help arrived, the brown and black dog had pulled himself 2 miles by his front legs. Phoenix was hit by an airstrike. The dog lost his back paws in the attack and injured one of his front paws. Miraculously both dogs survived their severe injuries on their own long enough for BTC, which worked with an animal rescue in Ukraine, to take in the canines. Since welcoming the pups, the group has provided the animals with medical attention, shelter, and loving care. RELATED: Calif. Zoo Penguin Gets Custom Boots After Struggling with Chronic Condition Called Bumblefoot Injured Dogs Rescued from War in Ukraine Looking For Homes Courtesy of Breaking the Chains International After helping the pets heal, it was clear to BTC that the dogs' mobility would benefit from wheelchairs. The group contacted U.S.-based Walkin' Pets to inquire about wheelchairs for the dog duo. Walkin' Pets gladly donated a wheelchair to each pooch to help the canines learn how to walk again and gain more independence. Johnny and Phoenix took to the wheelchairs quickly. Both dogs are walking again and doing so well that BTC has deemed them ready for adoption. The rescue group is currently looking for adopters for the pets. Johnny and Phoenix's future pet parents should be prepared to provide extra assistance to the canines as they continue to recover from their injuries and learn to navigate the world with their wheelchairs. RELATED: Chimpanzee Escapes from Ukraine Zoo But Returns on Bike Once it Starts to Rain To learn more about adopting Johnny and Phoenix, and to support BTC's works, visit the rescue group's website . The Russian attack on Ukraine is an evolving story, with information changing quickly. Follow PEOPLE's complete coverage of the war here , including stories from citizens on the ground and ways to help.... - Reddit Posts (Sample): [['u/LeThaLxdARk', 'Do you plan on buying GEN2 avatars? You should probably read this', 27, '2022-10-19 01:13', 'https://www.reddit.com/r/CryptoCurrency/comments/y7m1cb/do_you_plan_on_buying_gen2_avatars_you_should/', 'As we were all waiting for the next collection to drop, we\'ve been hit with spoilers on /r/CollectibleAvatars and it doesn\'t get better than this, GEN2 is most likely about to drop, now you\'re definitely asking WEN?\n\n​\n\nWe of course have no date for it, but as some of you might be complaining about hoarders or bots or whatever, you should actually know that without an actual set date, not only it avoids issues like this, but it\'s more likely for an average person to buy, because what is certain is most likely the fact that unlike GEN1, which have been on sale for quite some time, these will most likely run out in worst case scenario in a few hours (the way I see it) maybe except those less appealing collections, but they are very likely to sell out in less than an hour.\n\n​\n\nWhat\'s different?\n\n​\n\nReddit FREE NFTs that changed the overall sentiment especially in other subreddits, since of course /r/cryptocurrency will have more people that like and understand cryptocurrency and what it comes with it, rather than the other way around.\n\n​\n\nBefore nobody wanted one, now the sentiment of the sub it\'s definitely on "I could definitely pay 10$ for that NFT" especially after the price increase in GEN1, this is probably one of the best investments we have for short term potential, what\'s more likely to x2-x4 right now in crypto? BTC? ETH? XMR? ADA? MATIC? x2-x4? most likely not! Is however your 10$ / 25$ / 50$ / 75$ / 100$ NFT exposed to x2-x4 or even more potential after it\'s sold out? It definitely could be.\n\n​\n\nWe are 5.6M people in this sub, 6.6k online right now.\n\n/r/CollectibleAvatars has 12.9k and 313 online and it\'s the homepage of Reddit NFTs and where you will find the announcement as well.\n\n​\n\nLet\'s say only 5% of the sub wants to buy GEN2, that\'s 280000 people.\n\n​\n\nThe analysis posted 2 days ago about free collectible avatars summed up to 2,653,751 free Reddit NFTs redeemed.\n\n​\n\nGEN1 had collections of 1000 500 100 and possibly some others too IIRC, which will most likely be the case with GEN2\n\n​\n\nGEN1 had 83 collections, most had the 1000/1000 version, so that\'s 83k, let\'s assume 500 for each collection as well, and 100 for each collection as well, that would be 41.5k and 8.3k which equals with 132800, which only means, even if 5% of the sub would like to buy one, not even 2.5% of the sub can buy one.\n\n​\n\nNot only there aren\'t enough NFTs for 2.5% of the sub, but people will definitely buy more than one, I know I will, of course, if I get the chance.\n\n​\n\nSo while this is probably doing me more harm than good, in order to have the best chances to buy one, you should definitely join /r/CollectibleAvatars and afterwards near "JOINED" you will have a bell, well, my dear friends, you should activate that right away, best part? Only admins post, which means next notification you will get from the subreddit will either be a spoiler or the drop itself!\n\n​\n\nTL:DR:\n\n​\n\n1. Join /r/CollectibleAvatars\n2. Activate notifications\n\n​\n\nGL\n\n​\n\nEDIT: Would you like to receive a notification alerting you of the drop, or one alerting you there is a trending post in /r/Cryptocurrency after some time reading "WOW THESE ARE SO COOL" and being sold out when you check? Activate notifications!', 'https://www.reddit.com/r/CryptoCurrency/comments/y7m1cb/do_you_plan_on_buying_gen2_avatars_you_should/', 'y7m1cb', [['u/Wabi-Sabibitch', 19, '2022-10-19 01:33', 'https://www.reddit.com/r/CryptoCurrency/comments/y7m1cb/do_you_plan_on_buying_gen2_avatars_you_should/isvbwex/', "If one thing I have seen is people always lose money when everyone thinks it's guaranteed something will be a huge hit and make them money, unlike Gen 1 avatars\n\nI honestly think a lot of people might go a little overboard with these and lose money. Buy with only what you can really afford to lose or just get the ones you find cool as a avatar", 'y7m1cb']]], ['u/regen77', '[WTS] X300 $100 [TX]', 20, '2022-10-19 02:07', 'https://www.reddit.com/r/GunAccessoriesForSale/comments/y7n9mu/wts_x300_100_tx/', "I got a SureFire X300 (non-ultra) as part of a trade package and I have no use for it. It's an older, non-ultra model. No idea what the lumen output is. It functions properly, but the lens has some residue/build up on it... looks like superglue lol. \n\nI'll take $100 OBO via PPFF for it shipped to the CONUS. 10% discount for crypto (BTC/ETH/XMR). Open to trades, but I don't have anything in mind.\n\n[pics](https://imgur.com/a/Nz383ip)", 'https://www.reddit.com/r/GunAccessoriesForSale/comments/y7n9mu/wts_x300_100_tx/', 'y7n9mu', [['u/darthvaderismyhomie', 18, '2022-10-19 02:14', 'https://www.reddit.com/r/GunAccessoriesForSale/comments/y7n9mu/wts_x300_100_tx/isvhcbo/', 'ill give you three bcm mlok covers and an angry handy for it', 'y7n9mu']]], ['u/rmlkt', 'SYSTEM COLLAPSE PT 2: Geopolitics, the system, and the weaponization of energy', 1827, '2022-10-19 03:04', 'https://www.reddit.com/r/Superstonk/comments/y7oijg/system_collapse_pt_2_geopolitics_the_system_and/', 'This is a part 2 to my recent DD: [https://www.reddit.com/r/Superstonk/comments/y5rvyw/system\\_collapse\\_macroeconomics\\_fx\\_and\\_the\\_curious/](https://www.reddit.com/r/Superstonk/comments/y5rvyw/system_collapse_macroeconomics_fx_and_the_curious/)\n\nThis is a must read before you read this. I will have a TLDR for this one at the end.\n\nIn addition, I recommend you read peruvian\\_bull\'s “The Dollar Endgame.” His DD is EXCELLENT, and I\'ve personally read it a few times over. It provides the historical context AND the explanation on the dilemma that central banks of the world are currently in.\n\n# Preface\n\nI’m not a financial advisor and none of this is financial advice. I’m an engineering background, with experience working in the Oil and Gas Sector. My past experience has involved more technical engineering design and project execution, but now I work in energy commodities. My role focuses around building statistical models (Data Science) in order to understand the energy commodity movements (oil, gas, refined products). I’m not an economist or historian, but I have a particular affinity for that sort of stuff. My experience at work also gives me key insight into macroeconomic drivers, specifically energy.\n\n​\n\n# A New Lens Into Geopolitics\n\nWorld War 3 is being fought right now. Yep, you heard that right. This war however, is not being fought with guns, planes, and tanks (except in Ukraine, bless their brave souls). This is an economic war. In this economic war, countries are using their geostrategic positions in order to prepare themselves for the collapse of the system we live in. Understand this, and you understand the dynamics by the world powers currently at play. \xa0\n\nThere are a few key points that you must understand about history and the system before we move on. The US is the world’s hegemony. This means that the US is the dominant world power. The US has the largest military. It is also the most economically powerful, and has the most political influence over the world economy and in extension, geopolitics. The system in which the world economy was built by the US, and it is this system that they have taken full advantage of.\n\nAfter the allied victory in WWII, the US would emerge as a dominant world power. With the US mainland unharmed, the US was and still is the dominant military and economic power. This in part allowed the US to push forward the Bretton Woods system, which was established in 1944, approximately a year before the end of WWII. The Bretton Woods system made the USD the World’s Reserve Currency, which would be backed by gold.\n\nAt the time, this made a lot of sense. The other great powers of the world had their infrastructure completely wiped out due to the war. Through a gold-backed USD, the world would receive a sense of economic stability and growth. The war also put the US in a strategically powerful military position. Have you ever wondered why there are so many US military bases everywhere? A large part of this has to do with the victory in WWII. A lot of the US military bases that had been built during the war would remain in service long after WWII had ended.\n\nFast forward to August 15, 1971. The war in Vietnam, the space race, the 1970s energy crisis and other geopolitical factors contributed to rising inflation (wait did I hear energy crisis?). President Nixon would respond by abolishing the gold-standard completely. The USD was now backed only by the promise of the US government. This was the beginning of the largest Ponzi scheme the world has ever seen. An era where the USD was backed by the promise that the US government would pay back its debts.\n\nMaking sure that you understand the history and the utility of this system is key. This system is what has allowed the US to effectively colonize the rest of the world. Their ability to borrow at low rates directly results. Recall that the US is able to borrow at low rates because of the world’s artificial demand for US T-bonds. **This is by design, and the system works as intended**.\n\nRecall that investors will buy the US Treasury bonds (its debt). Central banks and investors who purchase these bonds are buying the US’s debt (in the form of US T-bonds). This US T-bond is the primary method in which money is created. This means the USD is backed **only by the promise that the US government will pay it back in the future**.\n\nBy buying these bonds, they are effectively investing in the US. As enforced by the World Economic Forum (WEF)... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Tesla\'s Bitcoin holdings remain unchanged from the second quarter of 2022, according to documents released by the electric car manufacturer ahead of its third-quarter investor relations call. In Tesla\'s report released to the public on Wednesday, the company says it still holds $218 million in Bitcoin. In July, Tesla announced that it sold 75% of its Bitcoin holdings, around $936 million at the time. After the sale, Tesla reported it continued to hold $222 million worth of "digital assets" on its balance sheet as of the end of June. During the Q2 investor call, Musk had said the company sold its Bitcoin to free up cash as COVID lockdowns continue in China. "It was important for us to maximize our cash position, given the uncertainty of COVID lockdowns in China," he explained. Despite that sale, Tesla remains one of the largest holders of Bitcoin by a publicly traded company, after MicroStrategy with 130,000 BTC (around $2.48 billion) and Galaxy Digital Holdings with 16,400 BTC (about $313 million). Musk\'s plan to buy Twitter and the subsequent legal battle over wanting to back out of the deal did not factor into the decision at the time, nor does it seem to have changed the company\x92s stance on crypto. Elon Musk\x92s Tesla Still Holds $222M in Digital Assets After Dumping $936M in Bitcoin In September, leaked messages showed the world\'s richest man having discussions with various tech entrepreneurs\x97including Block Inc.\'s Jack Dorsey and FTX\'s Sam Bankman-Fried\x97about the potential future of the popular social media platform. One idea floated included adding a payment option using Musk\'s favorite cryptocurrency, Dogecoin. The idea, Musk said, was to have users pay a tiny amount to register a message on-chain, which will cut the majority of spam and bots by requiring 0.1 Doge to post or repost comments.', 'Tesla\'s Bitcoin holdings remain unchanged from the second quarter of 2022, according to documents released by the electric car manufacturer ahead of its third-quarter investor relations call.\nIn Tesla\'s reportreleasedto the public on Wednesday, the company says it still holds $218 million in Bitcoin. In July, Tesla announced that it sold 75% of its Bitcoin holdings, around $936 million at the time. After the sale, Teslareportedit continued to hold $222 million worth of "digital assets" on its balance sheet as of the end of June.\nDuring the Q2 investor call, Musk had said the company sold its Bitcoin to free up cash as COVID lockdowns continue in China. "It was important for us to maximize our cash position, given the uncertainty of COVID lockdowns in China," he explained.\nDespite that sale, Tesla remains one of thelargest holdersof Bitcoin by a publicly traded company, after MicroStrategy with 130,000 BTC (around $2.48 billion) and Galaxy Digital Holdings with 16,400 BTC (about $313 million).\nMusk\'s plan to buyTwitterand the subsequent legal battle over wanting to back out of the deal did not factor into the decision at the time, nor does it seem to have changed the company’s stance on crypto.\nElon Musk’s Tesla Still Holds $222M in Digital Assets After Dumping $936M in Bitcoin\nIn September, leaked messages showed the world\'s richest man having discussions with various tech entrepreneurs—including Block Inc.\'sJack Dorseyand FTX\'s Sam Bankman-Fried—about the potential future of the popular social media platform. One idea floated included adding a payment option using Musk\'s favorite cryptocurrency, Dogecoin.\nThe idea, Musk said, was to have users pay a tiny amount to register a message on-chain, which will cut the majority of spam and bots by requiring 0.1 Doge to post or repost comments.', 'Tesla\'s Bitcoin holdings remain unchanged from the second quarter of 2022, according to documents released by the electric car manufacturer ahead of its third-quarter investor relations call.\nIn Tesla\'s reportreleasedto the public on Wednesday, the company says it still holds $218 million in Bitcoin. In July, Tesla announced that it sold 75% of its Bitcoin holdings, around $936 million at the time. After the sale, Teslareportedit continued to hold $222 million worth of "digital assets" on its balance sheet as of the end of June.\nDuring the Q2 investor call, Musk had said the company sold its Bitcoin to free up cash as COVID lockdowns continue in China. "It was important for us to maximize our cash position, given the uncertainty of COVID lockdowns in China," he explained.\nDespite that sale, Tesla remains one of thelargest holdersof Bitcoin by a publicly traded company, after MicroStrategy with 130,000 BTC (around $2.48 billion) and Galaxy Digital Holdings with 16,400 BTC (about $313 million).\nMusk\'s plan to buyTwitterand the subsequent legal battle over wanting to back out of the deal did not factor into the decision at the time, nor does it seem to have changed the company’s stance on crypto.\nElon Musk’s Tesla Still Holds $222M in Digital Assets After Dumping $936M in Bitcoin\nIn September, leaked messages showed the world\'s richest man having discussions with various tech entrepreneurs—including Block Inc.\'sJack Dorseyand FTX\'s Sam Bankman-Fried—about the potential future of the popular social media platform. One idea floated included adding a payment option using Musk\'s favorite cryptocurrency, Dogecoin.\nThe idea, Musk said, was to have users pay a tiny amount to register a message on-chain, which will cut the majority of spam and bots by requiring 0.1 Doge to post or repost comments.', 'Good morning. Here’s what’s happening: Prices: Bitcoin dropped below its bottom support of $19K. Insights: Why have bridges been so vulnerable to exploits? 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 CoinDesk Market Index ( CMI ) 929.26 1.6 Bitcoin ( BTC ) $18,970 1.5 Ethereum ( ETH ) $1,273 2.4 S&P 500 daily close 3,695.16 0.7 Gold $1,633 per troy ounce 1.0 Treasury Yield 10 Years 4.13 daily close 0.1 Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX); Gold is the COMEX spot price. Information about CoinDesk Indices can be found at coindesk.com/indices. Bitcoin Holds Over $19K By James Rubin Bitcoin and ether continued their recent stationary ways, albeit more to the red, while several decentralized finance (DeFi) tokens declined later in the day after rising early, as investors fretted anew over new housing data and ongoing macroeconomic uncertainty. Bitcoin ( BTC ) was recently trading just under $19,000, off 1.5% and just below the lower end of the $19,000 to $21,000 range that the largest cryptocurrency by market capitalization has occupied for more than a month. Bitcoin continued to trail its 20-day moving average, clear evidence of the bear market’s resiliency. Ether’s ( ETH ) was recently changing hands at $1,273, down 2.4% from Tuesday, same time, and beneath its $1,300 bottom support for much of the past month. Ether has also continued its recent trend of trading below its 20-day average. Other altcoins were recently down with XRP, ADA and CRO all off well over 2% from a day earlier. Even UNI, which jumped 3.5% at one point and was up 9.5% over the past seven days, was in the red later in the day (U.S. ET). On Oct. 13, Uniswap, the decentralized exchange behind the token, announced that it had raised $165 million in a Series B funding round led by Polychain Capital. "The fresh round of funding will support expanding Uniswap\'s product lines, which might include NFT trading in the near future," noted Katie Talati, director of research at digital asset manager Arca , in an email. Story continues The CoinDesk Market Index (CMI) , a broad-based market index that measures the performance of a basket of cryptocurrencies, was relatively flat, recently falling 1.6%. Traditional financial markets declined on Wednesday, with the tech-heavy Nasdaq, Dow Jones Industrial Average (DJIA) and S&P 500 each falling by a few fractions of a percentage point. In major macroeconomic data , U.S. housing starts plunged 8.1% to 1.439 million in September, falling slightly short of the consensus estimate but reflecting a sagging of the once-torrid housing market. However, September housing permits, an indicator of future construction, rose by 1.4% over August. Global inflation continued to tick higher, with Great Britain (10.1%) and Canada (6.9%) each reporting higher increases in prices than expected. Both countries recently increased their key interest rates by 0.50% and 0.75%, respectively. Hotter-than-expected inflation increased the likelihood that both countries would raise interest rates aggressively, similar to the U.S., where the Federal Reserve’s Federal Open Markets Committee (FOMC) is expected to approve a fourth consecutive 75 basis point rate hike in November. In commodities , Brent crude oil, a measure of energy markets, was recently trading slightly down but still hovering well over $90 per barrel, up more than 15% from the start of the year. Safe-haven gold declined 1.4%. Biggest Gainers There are no gainers in CoinDesk 20 today. Biggest Losers Asset Ticker Returns DACS Sector Gala GALA −7.0% Entertainment Cosmos ATOM −6.4% Smart Contract Platform Avalanche AVAX −5.1% Smart Contract Platform Insights Why Bridges Are Crypto’s Sinking Titanic By Shaurya Malwa A key part of the crypto ecosystem has repeatedly received harsh criticism in the past several months because of their importance and yet fragile architecture, which has led to an estimated $2 billion in losses this year alone. Bridges, or blockchain-based tools that connect different networks, are essential for the movement of liquidity in the crypto ecosystem. Bridges allow users to transfer tokens and other digital assets, such as non-fungibl **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-10-20 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $364,701,741,062 - Hash Rate: 256682216.0472452 - Transaction Count: 263986.0 - Unique Addresses: 633545.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.23 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Anthony Scaramucci signed the paperwork for his recent deal with crypto billionaire Sam Bankman-Fried the only way "The Mooch" could — at an Andrea Bocelli concert in Italy. Last week, FTX Ventures and SkyBridge reached an agreement that saw the venture arm of Bankman-Fried's crypto exchange takea 30% stake in SkyBridge, Scaramucci’s alternative investment firm. The financier is heading to the Bahamas this weekend to meet with Bankman-Fried and “lay out the goals” for SkyBridge and FTX's partnership, Scaramucci told Yahoo Finance in a sit-down interview at the SALT conference on Wednesday. “I definitely want to have a cryptocurrency focus for SkyBridge,” Scaramucci, a founder and managing partner of SkyBridge said, adding that one third of the manager’s assets are allocated to crypto funds. “But I don’t want to lose sight of some of the traditional core aspects of the firm, so I am not going to eliminate that stuff.” Scaramucci and SBF had worked on previous ventures together, including the launch of a cryptocurrency conference in the Bahamas earlier this year. SkyBridge also holds stakes in FTX across its funds. The SkyBridge executive initially proposed FTX take a 15% position in his firm, but Bankman-Fried insisted on the 30% they eventually settled on. SkyBridge also provided Bankman-Fried with a three-year option to expand his stake to 85%, Scaramucci told reporters during a press conference at this year's SALT event. SkyBridge deployed $40 million of Bankman-Fried's cash into crypto upon the deal's closing. TheFinancial Times reportedthe investment was made on the condition $40 million be allocated to digital assets. Scaramucci disputed that characterization in his interview with Yahoo Finance, saying SkyBridge proposed funneling the assets into cryptocurrencies and Bankman-Fried made recommendations. Scaramucci said his firm intends to hold the purchased assets on its balance sheet for the next 3-5 years. "I’ve been humbled by life, and I’ve been humbled by markets," he said. "We can be right or we can be wrong, but I think we'll be right." As of June 30, digital assets comprised about $800 million of $2.5 billion in assets managed by SkyBridge,according to the firm’s website. Scaramucci told Yahoo Finance he is interested in expanding the firm’s stake in digital assets but envisions SkyBridge having more robust private equity funds and a broader hedge fund practice in the coming years “as markets heal and performance gets stronger.” Scaramucci initially met with Bankman-Fried over lunch at Costa — a Mexican restaurant at the Rosewood Baha Mar resort in the Bahamas – where he ordered a meat-free meal in solidarity with SBF, who is a vegetarian. The initial goal of the meeting was to escape a water park day during the Disney cruise he was on with his family. "I thought, 'I have to get out of this water park,'" he told Yahoo Finance. "I have to find someone in the Bahamas I can talk to, and I knew my wife would accept Sam as an appropriate alibi." After they discussed the general framework for an FTX investment into SkyBridge, Scaramucci ordered his team to send a term sheet to the 30-year-old cryptocurrency billionaire. The two sides met over a Zoom call the next day to hash out the details. Scaramucci was attending a performance by his daughter and Andrea Bocelli in Italy when he received the final paperwork and signed it through Docusign, he told Yahoo Finance. Bankman-Fried wired the money on Thursday, September 8, one day before Scaramucci revealed the partnership in an interview with CNBC, where he is a contributor. Scaramucci, who also served an 11-day stint as the White House communications director under former President Donald Trump, remains optimistic about the long-term future of digital assets even as a rout in cryptocurrency markets this year sent SkyBridge Capital’s flagship fund of funds down 25% in 2022 through the end of July. “When the market is going from $69,000 to $17,000 in crypto, you do get a fight or flight response to that,” Scaramucci said, referring to the plunge in Bitcoin (BTC-USD) this year. “I’m concerned, but I’m also a long-term thinker." — Alexandra Semenova is a reporter for Yahoo Finance. Follow her on Twitter@alexandraandnyc Click here for the latest economic news and economic indicators to help you in your investing decisions Read the latest financial and business news from Yahoo Finance Download the Yahoo Finance app forAppleorAndroid Follow Yahoo Finance onTwitter,Facebook,Instagram,Flipboard,LinkedIn, andYouTube... - Reddit Posts (Sample): [['u/fap_fap_fap_fapper', 'Which will BTC hit first: 15k or 22k?', 19, '2022-10-20 00:06', 'https://www.reddit.com/r/CryptoMarkets/comments/y8fvzx/which_will_btc_hit_first_15k_or_22k/', "At time of posting [the last poll](https://www.reddit.com/r/CryptoMarkets/comments/y4ia3n/which_will_btc_hit_first_10k_or_30k/) BTC was 19600. At time of creating this poll, 19200.\n\nQuite bearish results then: 3.6k bears v 3.1k bulls.\n\nSo let's try with a handicap (15k is - 4200 away and 22k is +2800 away) and see if the bears are still ahead..\n\n[View Poll](https://www.reddit.com/poll/y8fvzx)", 'https://www.reddit.com/r/CryptoMarkets/comments/y8fvzx/which_will_btc_hit_first_15k_or_22k/', 'y8fvzx', [['u/SigSalvadore', 16, '2022-10-20 00:32', 'https://www.reddit.com/r/CryptoMarkets/comments/y8fvzx/which_will_btc_hit_first_15k_or_22k/iszwt7y/', "Loving the negative, means we're due to go back up.", 'y8fvzx'], ['u/true_blue_vision', 25, '2022-10-20 01:32', 'https://www.reddit.com/r/CryptoMarkets/comments/y8fvzx/which_will_btc_hit_first_15k_or_22k/it04u0s/', 'Will hit $22K then drop below $15K.', 'y8fvzx']]], ['u/AccountantHuman', 'why is bitcoin so valuable and why are you invested?', 11, '2022-10-20 00:25', 'https://www.reddit.com/r/Bitcoin/comments/y8gck7/why_is_bitcoin_so_valuable_and_why_are_you/', "Last night I was reading an interesting post on here cant remember what it was about but I was reading some very interesting stuff about how bitcoin works and the security behind it, \n\nA few topics I'd be interested in is\n\nHow secure is the network ? Can we be sure that in the future it still will be.\n\nWhy alt coins are absolutely no way near the level of what bitcoin is.\n\nMaybe a new contender in the future.\n\n Is it impossible for bitcoin to be turned off if we have constant electricity?\n\n\n\nI know it's a strange post but I thought id give it a shot, in no way am I trying to spread fud im just after another good read .", 'https://www.reddit.com/r/Bitcoin/comments/y8gck7/why_is_bitcoin_so_valuable_and_why_are_you/', 'y8gck7', [['u/solomonsatoshi', 15, '2022-10-20 00:33', 'https://www.reddit.com/r/Bitcoin/comments/y8gck7/why_is_bitcoin_so_valuable_and_why_are_you/iszwzrh/', "Its a complex thing to really understand - having studied history and economics for over 60 years it still took me several years to start to understand the basic purpose and method of Bitcoin, so if you are seeking an explanation in a few paragraphs you won't get it.\n\nThe best and quickest route to a basic understanding is IMO the book 'The Bitcoin Standard' which gives at least a fair overview and introduction to what Bitcoin is and how it works within the broader context of history and what money is.\n\nIf you are serious about understanding this revolutionary protocol you can download the book here-\n\n[https://www.z-epub.com/book/1712](https://www.z-epub.com/book/1712)", 'y8gck7']]], ['u/OrchidCube', "I'm excited for NOMIC, here's why", 59, '2022-10-20 02:29', 'https://www.reddit.com/r/CosmosAirdrops/comments/y8j60p/im_excited_for_nomic_heres_why/', "I think the NOMIC airdrop might be one of the most valuable drops in the history of the Cosmos network.\n\n-it brings native BTC, the granddaddy of all crypto, imto the Cosmos ecosystem. This alone is huge, it's much more than your average bridge, it involves IBC and people will be able to deposit and withdraw directly to BTC wallets.\n\n-NOM is currently not transferrable or tradeable. \n\n-NOM 1st drop was a drop that people who believed in its use case were compounding religiously and got handsomely rewarded in multiplying their initial drops\n\n-NOM stakers not only receive staking rewards in NOM, it also generates BTC rewards from deposit and trading fees of the BTCs entering the ecosystem. I repeat, staking NOM is already earning people BTC rewards, on top of the NOM rewards.\n\n\nwhat will happen when NOM goes full release?\n\nWell, who wouldn't like to own a BTC printing machine?\n\nIf you are an early holder, you will benefit from every BTC entering the Cosmos ecosystem, as you receive a cut from the deposit fees.\n\nPeople will hold and stake NOM, not selling their airdrop, but staking it.\nNot many NOMs will be avaible for non-airdrop receivers who want to buy some NOM. This will drive the price up and make NOM one of the most sought after assets in the Cosmos ecosystem.\n\nNot financial advice. But I think it will happen.\n\nMy price prediction per NOM: $8-$12 in 2022, $20 in 2023, likely more in the next bull market.", 'https://www.reddit.com/r/CosmosAirdrops/comments/y8j60p/im_excited_for_nomic_heres_why/', 'y8j60p', [['u/WorkerBee-3', 12, '2022-10-20 02:54', 'https://www.reddit.com/r/CosmosAirdrops/comments/y8j60p/im_excited_for_nomic_heres_why/it0flmn/', "that'd be a hell of an incentive for validators to behave good. \n\nhacking attacks on Nomic have some extreme consequence. If someone manages to take all the stored BTC, the protocol is designed to never release the staked NOM. the higher the price of NOM the better so as to disincentive someone whose basically willing to swap NOM for BTC\n\nthere are many layers of security before this but the final kill switch on the setup is for that NOM to be remain unmoveable forever if that BTC is drained without proper burning of nBTC \n\nanother layer before that, 1/3rd the validators set can take their rigs offline ahead of a successful attack and that would, after a specific time frame, burn all of the nBTC out there and send the correlated BTC out to the holders of said nBTC. meaning that if they do this and you're holding nBTC, the nBTC would be burned and considered useless while the native BTC would be sent to your btc wallet address associated with that mnemonic phrase \n\nIf Nomic is successful this is going to be the first non-kyc BTC bridge into a virtual machine capable network", 'y8j60p'], ['u/pizza-chit', 19, '2022-10-20 02:57', 'https://www.reddit.com/r/CosmosAirdrops/comments/y8j60p/im_excited_for_nomic_heres_why/it0fzds/', 'Dude, I love my NOM. Its like having a Bitcoin miner!', 'y8j60p'], ['u/l-espion', 17, '2022-10-20 03:28', 'https://www.reddit.com/r/CosmosAirdrops/comments/y8j60p/im_excited_for_nomic_heres_why/it0k2ns/', 'definitively something i intend to buy more once it for sale , my 1.3 nom from the drop has grow to 12 now , i wish i had received more !', 'y8j60p'], ['u/shitpplsay', 16, '2022-10-20 04:19', 'https://www.reddit.com/r/CosmosAirdrops/comments/y8j60p/im_excited_for_nomic_heres_why/it0qxia/', '$8-12 is way to high. What are you basing it on besides unicorn shit?', 'y8j60p'], ['u/she_has_funny_cars', 16, '2022-10-20 06:29', 'https://www.reddit.com/r/CosmosAirdrops/comments/y8j60p/im_excited_for_nomic_heres_why/it15vls/', "Spot on! I've turned the 16 NOM I received from the airdrop into \\~242 NOM as of now, solely by compound staking consistently since the drop", 'y8j60p'], ['u/1_it_is', 10, '2022-10-20 10:05', 'https://www.reddit.com/r/CosmosAirdrops/comments/y8j60p/im_excited_for_nomic_heres_why/it1mpbf/', 'Based on the [Nomic blog](https://blog.nomic.io/mainnet-bitcoin-comes-to-nomic) nBTC is supposed to become tradable along with ibc implementation (and i think the second air drop), but with NOM still untradable.\n\nS\\*\\*T! I just realised, that if I am correct, everyone who received NOM in the 1st and potential 2nd airdrops (provided they claim quickly enough and depending on when ibc is enabled) will basically get a 3rd unofficial airdrop. Not in NOM but in nBTC thanks to deposit fees of the initial inflows of BTC into Nomic and the Cosmos Ecosystem. This "unofficial air drop" will only benefit the Nomic airdrop recipients (and I assume the strategic reserve would take its share) thanks to the fact that NOM is untradable.\n\nThank you to the Nomic Dev\'s!!', 'y8j60p']]], ['u/tary2708', 'bitcoin to usd', 38, '2022-10-20 02:49', 'https://www.reddit.com/r/BitcoinBeginners/comments/y8jl70/bitcoin_to_usd/', 'I have 3 bitcoins that I received after a relatives passing. How do I go about converting it to dollars?', 'https://www.reddit.com/r/BitcoinBeginners/comments/y8jl70/bitcoin_to_usd/', 'y8jl70', [['u/bitusher', 64, '2022-10-20 03:00', 'https://www.reddit.com/r/BitcoinBeginners/comments/y8jl70/bitcoin_to_usd/it0gfyw/', "We are in the middle of bear market so its probably wise to never go full fiat and sell at most half, but if you need to sell some or all than \n\n1) Don't respond to any DMs\n\n2) Read the FAQ\n\nhttps://www.reddit.com/r/BitcoinBeginners/comments/g42ijd/faq_for_beginners/\n\n3) Sign up for an exchange in the FAQ and verify\n\n4) send the bitcoin to the exchange to sell and withdraw you USD to your linked account \n\nCoinbase might be a good option for you in the US", 'y8jl70'], ['u/easer888', 94, '2022-10-20 03:03', 'https://www.reddit.com/r/BitcoinBeginners/comments/y8jl70/bitcoin_to_usd/it0gul5/', 'You are in the worst time to covert you BTC to dollars', 'y8jl70'], ['u/true_blue_vision', 28, '2022-10-20 03:04', 'https://www.reddit.com/r/BitcoinBeginners/comments/y8jl70/bitcoin_to_usd/it0gyii/', 'I agree, HODL for now, wait until top peak of next cycle. It would be a shame to cash in now.', 'y8jl70'], ['u/shoestars', 11, '2022-10-20 03:19', 'https://www.reddit.com/r/BitcoinBeginners/comments/y8jl70/bitcoin_to_usd/it0izvl/', 'Bad timing', 'y8jl70'], ['u/BTCMachineElf', 20, '2022-10-20 03:26', 'https://www.reddit.com/r/BitcoinBeginners/comments/y8jl70/bitcoin_to_usd/it0jvlh/', "Wait 2 years or you will seriously be hating yourself.\n\nResearch 'bitcoin halving'. Next one is in 2024. We can expect a significant increase in price in late 2024 or 2025. \n\nWhat is now $60k is likely to be at least $300k.", 'y8jl70'], ['u/Badj83', 14, '2022-10-20 06:44', 'https://www.reddit.com/r/BitcoinBeginners/comments/y8jl70/bitcoin_to_usd/it17d9d/', 'RemindMe! 10 years', 'y8jl70'], ['u/[deleted]', 11, '2022-10-20 07:01', 'https://www.reddit.com/r/BitcoinBeginners/comments/y8jl70/bitcoin_to_u... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 fell, but traded back above the US$19,000 support level in Friday morning trading in Asia. Ether lost ground along with most other top 10 cryptocurrencies by market capitalization, excluding stablecoins, but leading memecoin Dogecoin rose and Tron also edged higher. See related article: Twitter user prevents 200 billion BitBTC bridge exploit, highlighting major vulnerability Fast facts Bitcoin dropped 0.5% in the past 24 hours to trade at US$19,048 as of 8 a.m. in Hong Kong, while Ether fell 0.2%% to US$1,282, according to data from CoinMarketCap . Bitcoin’s price has fluctuated around US$19,000 for the better part of a month and its 30-day price volatility is at the lowest level in almost two years at 31%, according to analytics firm IntoTheBlock . Polygon posted the biggest losses on the top 10 list, after a strong run of gains in the week off the back of high adoption figures on the network for the year. The token fell 5.38% to US$0.80, but is still up 3.8% over the past seven days. Dogecoin rose 1.4% to US$0.059, while Tron added 0.7% to US$0.62. Cardano and Solana both fell 2.8%, with Cardano at US$0.34 and Solana changing hands at US$28.08. The governance token of leading play-and-earn game Axie Infinity , AXS, fell 5.8% in the past 24 hours, and 13.9% in the past seven days, to US$9.57 on reports 8% of the token’s supply, or 21.543 million coins, will be unlocked on Oct. 25. Axie Infinity launched last year to become the first major blockchain game, allowing players to earn income by playing the game. However, as user growth slowed, so did the income. U.S. equities closed lower on Thursday. The Dow Jones Industrial Average fell 0.3%, the S&P 500 Index dropped 0.8% and the Nasdaq Composite Index finished the day down 0.6%. This followed a Thursday report by financial services company Freddie Mac showing interest rate increases by the U.S. Federal Reserve this year has pumped up the average 30-year fixed-rate mortgage to 6.94%, the highest since April 2002 and more than double the 3.09% last year. The Fed has raised interest rates from near zero in March this year to a range of 3% and 3.25%. It has committed to bringing inflation down to a target range of 2% from its current pace of 8.2%. The Fed is expected to raise interest rates by a further 75 basis points at its next general meeting in November. See related article: Crypto becomes approved financial product in South Africa', 'Bitcoin fell, but traded back above the US$19,000 support level in Friday morning trading in Asia. Ether lost ground along with most other top 10 cryptocurrencies by market capitalization, excluding stablecoins, but leading memecoin Dogecoin rose and Tron also edged higher. See related article: Twitter user prevents 200 billion BitBTC bridge exploit, highlighting major vulnerability Fast facts Bitcoin dropped 0.5% in the past 24 hours to trade at US$19,048 as of 8 a.m. in Hong Kong, while Ether fell 0.2%% to US$1,282, according to data from CoinMarketCap . Bitcoin’s price has fluctuated around US$19,000 for the better part of a month and its 30-day price volatility is at the lowest level in almost two years at 31%, according to analytics firm IntoTheBlock . Polygon posted the biggest losses on the top 10 list, after a strong run of gains in the week off the back of high adoption figures on the network for the year. The token fell 5.38% to US$0.80, but is still up 3.8% over the past seven days. Dogecoin rose 1.4% to US$0.059, while Tron added 0.7% to US$0.62. Cardano and Solana both fell 2.8%, with Cardano at US$0.34 and Solana changing hands at US$28.08. The governance token of leading play-and-earn game Axie Infinity , AXS, fell 5.8% in the past 24 hours, and 13.9% in the past seven days, to US$9.57 on reports 8% of the token’s supply, or 21.543 million coins, will be unlocked on Oct. 25. Axie Infinity launched last year to become the first major blockchain game, allowing players to earn income by playing the game. However, as user growth slowed, so did the income. U.S. equities closed lower on Thursday. The Dow Jones Industrial Average fell 0.3%, the S&P 500 Index dropped 0.8% and the Nasdaq Composite Index finished the day down 0.6%. This followed a Thursday report by financial services company Freddie Mac showing interest rate increases by the U.S. Federal Reserve this year has pumped up the average 30-year fixed-rate mortgage to 6.94%, the highest since April 2002 and more than double the 3.09% last year. The Fed has raised interest rates from near zero in March this year to a range of 3% and 3.25%. It has committed to bringing inflation down to a target range of 2% from its current pace of 8.2%. The Fed is expected to raise interest rates by a further 75 basis points at its next general meeting in November. See related article: Crypto becomes approved financial product in South Africa', 'Bitcoin fell, but traded back above the US$19,000 support level in Friday morning trading in Asia. Ether lost ground along with most other top 10 cryptocurrencies by market capitalization, excluding stablecoins, but leading memecoin Dogecoin rose and Tron also edged higher. See related article: Twitter user prevents 200 billion BitBTC bridge exploit, highlighting major vulnerability Fast facts Bitcoin dropped 0.5% in the past 24 hours to trade at US$19,048 as of 8 a.m. in Hong Kong, while Ether fell 0.2%% to US$1,282, according to data from CoinMarketCap . Bitcoin’s price has fluctuated around US$19,000 for the better part of a month and its 30-day price volatility is at the lowest level in almost two years at 31%, according to analytics firm IntoTheBlock . Polygon posted the biggest losses on the top 10 list, after a strong run of gains in the week off the back of high adoption figures on the network for the year. The token fell 5.38% to US$0.80, but is still up 3.8% over the past seven days. Dogecoin rose 1.4% to US$0.059, while Tron added 0.7% to US$0.62. Cardano and Solana both fell 2.8%, with Cardano at US$0.34 and Solana changing hands at US$28.08. The governance token of leading play-and-earn game Axie Infinity , AXS, fell 5.8% in the past 24 hours, and 13.9% in the past seven days, to US$9.57 on reports 8% of the token’s supply, or 21.543 million coins, will be unlocked on Oct. 25. Axie Infinity launched last year to become the first major blockchain game, allowing players to earn income by playing the game. However, as user growth slowed, so did the income. U.S. equities closed lower on Thursday. The Dow Jones Industrial Average fell 0.3%, the S&P 500 Index dropped 0.8% and the Nasdaq Composite Index finished the day down 0.6%. This followed a Thursday report by financial services company Freddie Mac showing interest rate increases by the U.S. Federal Reserve this year has pumped up the average 30-year fixed-rate mortgage to 6.94%, the highest since April 2002 and more than double the 3.09% last year. The Fed has raised interest rates from near zero in March this year to a range of 3% and 3.25%. It has committed to bringing inflation down to a target range of 2% from its current pace of 8.2%. The Fed is expected to raise interest rates by a further 75 basis points at its next general meeting in November. See related article: Crypto becomes approved financial product in South Africa', 'A veritable treasure trove of email messages and documents from within the Securities and Exchange Commission has been turned over to Ripple , whose founders created the XRP cryptocurrency and now find themselves as defendants in a high-profile legal battle with the regulatory agency over its assertion that XRP was illegally sold as an unregistered security. Stuart Alderoty, Ripple general counsel, broke the news on Twitter on Thursday, declaring victory in an 18-month battle (within the larger war) over the collection of discovery materials dubbed "the Hinman documents." Over 18 months and 6 court orders later, we finally have the Hinman docs (internal SEC emails and drafts of his infamous 2018 speech). While they remain confidential for now (at the SEC’s insistence), I can say that it was well worth the fight to get them. — Stuart Alderoty (@s_alderoty) October 20, 2022 The documents revolve around former SEC director William Hinman and a much-publicized speech he delivered in 2018 declaring that Ethereum—like Bitcoin—was "sufficiently decentralized" and thus not subject to federal securities regulation. Hinman\'s remarks that day represent the thickest cloud currently looming over ongoing debates over crypto regulations, and play a key role in the SEC\'s December 2020 lawsuit against Ripple , asserting that Ripple sold XRP as an unregistered security. With a market cap of $22.3 billion, according to CoinGecko, XRP is currently the sixth-largest cryptocurrency. Last month, a federal district judge overruled the SEC’s repeated attempts to prevent Ripple from accessing the documents, which the company believes will reveal internal deliberations and discussions that led to the controversial declaration that seems to favor “ two winners ” in the crypto space, Bitcoin and Ethereum, at the expense of alternatives like XRP. Story continues Ripple initially won the right to request the documents in January. Some industry watchers felt that the documents wouldn\'t substantially strengthen Ripple\'s case , but according to Alderoty, those assumptions are wrong. "While they remain confidential for now (at the SEC\'s insistence), I can say that it was well worth the fight to get them," he tweeted. "I’ve always felt good about our legal arguments, and I feel even better now. I always felt bad about the SEC’s tactics, and I feel even worse about them now." SEC vs Ripple: Inside the Case That Could Make or Break the Crypto Industry Ripple CEO Brad Garlinghouse went even further. Even as his company celebrated its 10th anniversary hours before the documents were released, he was fuming on Twitter. " The SEC’s pursuit of a policy objective isn’t about \' **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-10-21 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $364,063,929,400 - Hash Rate: 276154660.02324307 - Transaction Count: 270741.0 - Unique Addresses: 671089.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.23 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin and Solana continued their rallies in Tuesday afternoon trading in Asia, both up over 10% in the past week. However, Ether continued to slip as the market awaited the upcoming Etherium “Merge.” See related article:Markets: Bitcoin, Solana lead gains in crypto top ten, Ether slips ahead of Merge • Bitcoin was up 0.5% in the past 24 hours to trade at US$22,286 at 4 p.m. in Hong Kong. Solana retained the largest gains among the top 10 tokens by market capitalization from the morning, up 8.7%. Ethereum continued its slip from Monday, down 2.3% to US$1,716, according todata from CoinMarketCap. • Ethereum slumped as the market monitored the network’s highly anticipated transition to aproof-of-stakeconsensus mechanism, which is expected to conclude Thursday. Although the “Merge” is broadly seen as positive for Ethereum, it creates uncertainty, with investors waiting to see how it unfolds, according to Roger Zhou, head of business development at Singapore-based digital asset management firm Metalpha. • “We can see the factor with the greatest influence on the ETH price is the upcoming ETH merge… if the merge goes well, ETH will likely rise afterward,” wrote Zhou in an email to Forkast. • TerraClassicUSD was the day’s biggest loser, down 18.7%, following a significant gain last week. The legacy ‘stablecoin’ from the Terra ecosystem experienced a massive uptick and speculation last week, but that rally appears to be fading. • The S&P 500 and Nasdaq Composite were up Monday, indicating expectations of a positive August consumer price index that will be released later today. Gains in those indexes often correlate with higher Bitcoin prices. • Asian equity markets experienced a quiet Tuesday. The Nikkei 225 gained 0.25%. After closure on Monday for a public holiday, the Shanghai SE Composite Index added 0.05%, while Hong Kong’s Hang Seng slipped 0.16%. See related article:All aboard the good ship Ethereum for The Merge. Next stop?... - 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:** ["Virtual reality presents investors with a massive opportunity.\xa0Not only is this market expected to grow from about $117 billion right now to $227.7 billion by 2029 , but most of the top VR stocks are also incredibly oversold. Better, virtual reality stocks are only gaining in popularity across multiple sectors, including healthcare, gaming, entertainment, real estate, retail, education, etc. The technology is even being used to train staff members and medical professionals. We\x92re seeing real-time online VR conferences. And more businesses want to enhance shopping experiences with VR, with e-commerce giants increasingly moving towards VR to do so. According to attorney Peter J. Lamont , \x93Businesses can use VR for collaboration. For example, you could have a meeting with employees in different locations by having them all put on VR headsets. This would allow employees to communicate and collaborate more effectively than they would be able to through traditional video conferencing.\x94 InvestorPlace - Stock Market News, Stock Advice & Trading Tips In short, we\x92re looking at a massive opportunity moving forward. With that in mind, investors may want to keep an eye on these seven virtual reality stocks I see as top-tier opportunities right now. VERS ProShares Metaverse ETF $29.62 RBLX Roblox $42.57 MSFT Microsoft $236.15 AAPL Apple $143.39 NVDA Nvidia $121.94 MTTR Matterport $3.40 U Unity Software $30.51 ProShares Metaverse ETF (VERS) Illustration of an ETF in multiple sectors. Source: SWKStock / Shutterstock One of the best ways to diversify your portfolio at minimal cost is with an exchange traded fund (ETF). In the world of virtual reality, one of the leading such ETFs is the ProShares Metaverse ETF (NYSE: VERS ). With this ETF, investors can gain exposure to opportunities in virtual and augmented reality, with stocks such as Lumentum Holdings (NASDAQ: LITE ), Advanced Micro Devices (NASDAQ: AMD ), Immersion Corp . (NASDAQ: IMMR ), Vuzix Corp. (NASDAQ: VUZI ), Qualcomm (NASDAQ: QCOM ), Amazon (NASDAQ: AMZN ), and Microsoft (NASDAQ: MSFT ) to name a few. With a current price tag of about $30, investors gain exposure to all of these stocks. At the moment, the VERS ETF does carry an expense ratio of 0.58%. This is \xa0a bit above with where the average ETF expense ratio stands, but it is still a reasonable price to pay for the diversification this ETF provides. Story continues Roblox (RBLX) An illustration of the Roblox game is displayed on a smartphone screen. Source: Miguel Lagoa / Shutterstock.com By now, most investors have heard of the metaverse.\xa0At the moment, Roblox (NYSE: RBLX ) is the closest thing to a mainstream social metaverse, with a mission of building a human co-experience platform that enables billions of users to come together to play, learn, communicate, explore and expand their friendships. The company\x92s stock price is also starting to push higher, after reporting that daily active users came in at 57.8 million this past quarter, up 23% year over year. Hours engaged surged to 4 billion, up 16% year over year. Better yet, estimated bookings were between $212 million and $219 million, up 11% to 15% year over year. Microsoft ( MSFT ) The Microsoft logo outside a building representing MSFT stock. Source: Asif Islam / Shutterstock.com Microsoft is collaborating with Meta Platforms (NASDAQ: META ) to change how people can work and play in a virtual reality setting. This collaboration will involve Microsoft\x92s services, including Teams, Office, and Xbox Cloud Gaming, coming to Meta\x92s Quest VR headsets. \x93We are bringing a Microsoft Teams immersive meeting experience to Meta Quest in order to give people new ways to connect with each other,\x94 CEO Satya Nadella said, as quoted by TheVerge.com . \x93You can connect, share, collaborate as though you were together in person.\x94 Ahead of company\x92s earnings on Oct. 25, Citi analyst Tyler Radke has shown concern that Microsoft will report weak numbers. However, he still has a buy rating on the stock, with a price target of $282. This is based on the idea that Microsoft\x92s \x93cloud-related revenue streams will enable growth to continue at double-digit levels with operating-margin expansion,\x94 as quoted by Barron\x92s . At the moment, shares of Microsoft appear wildly oversold at $236.15. From this price, I\x92d like to see the tech giant rally back to $310. In the meantime, investors can collect a dividend yield of 1.14%, as they wait for MSFT stock to recover. Apple ( AAPL ) Apple store. Apple Inc. (AAPL) sells consumer electronics, computer software, services and personal computers. Source: Vytautas Kielaitis / Shutterstock.com Apple is rumored to be working on how to implement virtual and augmented reality into iOS devices or new hardware products, according to MacRumors.com . Additionally, the company is expected to release an AR-VR product by 2023. \x93Reliable sources like Apple analyst Ming-Chi Kuo and Bloomberg \x91s Mark Gurman\xa0have indicated\xa0that the headset will likely see a 2023 launch date, with the glasses to follow in 2024 or 2025,\x94 they added. Even better, Apple CEO Tim Cook is a big fan of virtual reality. \x93I think AR is a profound technology that will affect everything,\x94 Cook said, as quoted by CNBC . \x93Imagine suddenly being able to teach with AR and demonstrate things that way. Or medically, and so on. Like I said, we are really going to look back and think about how we once lived without AR.\x94 With regards to earnings, Apple is scheduled to release its numbers on Oct. 27. Morgan Stanley analyst Erik Woodring believes the company will beat expectations. He also has an overweight rating on the stock, with a price target of $177 a share. Nvidia ( NVDA ) Nvidia (NVDA) logo and sign on headquarters. Blurred foreground with green trees Source: Michael Vi / Shutterstock.com Nvidia ( NVDA ) is another top virtual reality stock to consider. After all, Nvidia created the Omniverse, a platform for connecting 3D worlds. The \x93omniverse platform allows creators to collaborate on 3D-design projects, enables developers to build intelligent digital humans, and empowers researchers to train AI models for self-driving cars and other autonomous machines,\x94 as noted by Motley Fool contributor Trevor Jennewine . The company also launched the Omniverse Cloud for the Industrial Metaverse. With it, companies can design new products, processes, and even facilities in a virtual world before ever bringing them to market. Lowe\x92s (NYSE: LOW ), for example. Just partnered with Nvidia and Magic Leap to create interactive store digital twins or virtual models of real-world objects. Also, according to PYMNTS.com , \x93Nvidia Omniverse Enterprise metaverse technology is being used to build a digital twin of German railway operator\xa0Deutsche Bahn\xa0that will let it monitor operations of its entire network of 5,700 stations and 20,500 miles of track in real-time.\x94 Matterport ( MTTR ) Illustrative Editorial of Matterport's (MTTR) website homepage. MATTERPORT logo visible on display screen. Source: II.studio / Shutterstock.com Then, there\x92s Matterport (NASDAQ: MTTR ), which has massive exposure to digital twins. In fact, the company believes its total addressable market may be about $240 billion. That includes more than four million digital buildings in many different industries. Earnings haven\x92t been too shabby either. In its first quarter, the company\x92s total subscribers increased by 70% to 562,000 year over year . Revenue jumped to $28.5 million, or $1 million above the high-end of its guidance. Additionally, the company\x92s non-GAAP loss per share of 10 cents was three cents better than expectations. To top it off, Matterport also has more than $600 million in cash on hand. Unity Software ( U ) In this photo illustration Unity Software Inc. (U stock) logo is seen on a mobile phone and a computer screen. Source: viewimage / Shutterstock.com Unity Software (NYSE: U ), as its name suggests, is a software platform provider that allows customers to develop 2D and 3D content for a wide variety of gadgets. These include virtual and augmented reality platforms. Most recently, Needham analyst Bernie McTernan initiated a buy rating on Unity, with a $50 price target on the stock. He \xa0noted that Unity\x92s software is some of the best in the world . Unity\x92s Create platform, he added, is \x93best in class and should benefit from the rising demand for real-time, interactive, 3-D content in gaming and beyond,\x94 as quoted by Barron\x92s . He also pointed to a price increase, which could be a substantial revenue driver over the long-term. On the date of publication, Ian Cooper\xa0did not have (either directly or indirectly) any positions in the securities mentioned.\xa0The opinions expressed in this article are those of the writer, subject to the\xa0InvestorPlace.com Publishing Guidelines . Ian Cooper, a contributor to InvestorPlace.com, has been analyzing stocks and options for web-based advisories since 1999. Ian Cooper, a contributor to InvestorPlace.com, has been analyzing stocks and options for web-based advisories since 1999. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today Early Bitcoin Millionaire Reveals His Next Big Crypto Trade \x93On Air\x94 It doesn\x92t matter if you have $500 or $5 million. Do this now. The post 7 Virtual Reality Stocks to Buy to Bet on the Coming VR Boom appeared first on InvestorPlace .", 'Virtual reality presents investors with a massive opportunity.\xa0Not only is this market expected to grow from about $117 billion right now to$227.7 billion by 2029, but most of the top VR stocks are also incredibly oversold.\nBetter, virtual reality stocks are only gaining in popularity across multiple sectors, including healthcare, gaming, entertainment, real estate, retail, education, etc. The technology is eve **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-10-22 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $367,666,228,519 - Hash Rate: 240750216.4305196 - Transaction Count: 233097.0 - Unique Addresses: 598580.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.20 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: I’ve written before about how biotech is thebiggest technology trend of our kids’ generation. Naturally, that means many people are looking for the best biotech stocks to buy. But as with the PC industry of my time, finding long-term winners is difficult. Back in the early 1980s, dozens of companies entered the PC market, many of them huge for their time.IBM(NYSE:IBM) was the bet everyone made. But the BUNCH — Burroughs, Univac,NCR(NYSE:NCR), Control Data andHoneywell(NASDAQ:HON), were all involved. Almost all of them gave way to newcomersApple(NASDAQ:AAPL) andMicrosoft(NASDAQ:MSFT). Apple went public in 1980 and Microsoft in 1986. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Similarly, there are huge companies involved in today’s biotech boom. But size is no guarantee of future leadership. There are also big differences between today’s boom and the one that came before. Regulation — the need for drug or device approval — is just one of them. An investor is thus wise to spread their bets and be ready to bail at the first sign of failure. Many will be called to the throne of biotech riches. Few will be chosen. Young biotech scientists, like my own son, can expect to have long resumes years before they reach my age. While PCs and biotech offer similar profit opportunities, the need for government involvement makes them very different. So does the nature of the work. There are opportunities in equipment, in the production of molecules, and in the results of basic research as well as drugs. I have compared many new biotechs to oil wildcatters in 1930s Texas because they’re taking big risks and can be sunk by a single failure. This puts today’s large drug companies in better shape to survive than mainframe companies were 40 years ago. Their cash can turn what looks like a losing play into a winner. Here’s my list of the best biotech stocks to buy. Source: Maxx-Studio / Shutterstock Starting a gallery of the best biotech stocks with an exchange-traded fund (ETF) can seem like a form of giving up. But, as with the PC business, it may be the best path to success. BlackRock’s(NYSE:BLK)iShares Biotechnology ETF(NASDAQ:IBB) tracksa market-weighted indexof biotech stocks listed on U.S. exchanges. These are subject to capping requirements, with no more than 8% in any one stock. The expense ratio is low at 0.44%, and there are $7.94 billion of assets under management. SPDR S&P Biotech ETF(NYSEARCA:XBI), theInvescoDynamic Biotechnology & Genome ETF(NYSEARCA:PBE) andALPS Medical Breakthroughs ETF(NYSEARCA:SBIO) are other examples of biotech ETFs you can buy with a few clicks. What all these funds, including IBB, have in common is a rotten 2022. IBB is down 31% so far in 2022. Among the companies it has positions in areGilead Sciences(NASDAQ:GILD),Moderna(NASDAQ:MRNA),Regeneron(NASDAQ:REGN) andBiogen(NASDAQ:BIIB). Many of IBB’s holdings have drugs in the market. Others have drugs about to be approved, or in late-stage testing. As new leaders emerge, funds like IBB buy them, and as companies fall out of favor IBB sells them. They’re not trying to beat the market, just match it. If you don’t know what you’re doing (and no one does), matching the market is a good strategy. Source: rafapress / Shutterstock.com CRISPR Therapeutics(NASDAQ:CRSP) was founded in 2012 around the Nobel Prize-winning research of Emmanuelle Charpentier, a French scientist who shared her prize with Jennifer Doudna of the University of California at Berkeley. CRISPRis an acronym short for “clustered regularly interspaced short palindromic repeats.”CRISPR-Cas9, the technique for which Charpentier and Doudna won their award, allows the chemical editing of DNA. CRSP is thus seen by some investors as the “Apple of DNA editing,” but the future is unknown. It could end up likeIMSAIorCromemco, depending on how things play out. For now, the company is doing well. It had revenue of $915 million in 2021, and $4.70 per share, fully diluted, of net income. That means it’s selling for under six times sales and just 18 times earnings. Despite this, CRSP is downnearly 80% from its 2021 highas investors have abandoned development-stage biotech companies.Vertex Pharmaceuticals(NASDAQ:VRTX), with which CRISPR is partnering, plans to file this year for approval on drugs targeting sickle cell anemia and beta thalassemia. An investor day over the summer showed promise with drugs for diabetes and kidney cancer. Source: JHVEPhoto / Shutterstock.com Merck(NYSE:MRK) is not technically a biotech, but it illustrates an important trend for biotech investors. That is, companies like CRISPR lack the resources to get drugs tested and past regulators. (Pioneering PC makers could just slap something together and sell them throughComputerLand.) Larger companies are often needed as partners, and this requirement offers incumbents with cash the opportunity to dominate. At the start of July, Merck was worth $234 billion, with annual sales of nearly $49 billion from drugs likeKeytruda, a cancer drug, Gardasil, a vaccine for human papillomavirus, and the anti-diabetic medicine Januvia. But, given that patents offer only 20 years of exclusivity on new compounds, Merck is constantly on the hunt for new drugs. The current Merck pipeline includes 83 drugs in Phase-2 study, where drugs are given to people with the condition being treated, with 30 in Phase-3 studies testing safety and efficacy, and3 programs under review by regulators. But Merck’s most important asset may be its cash, with over$10 billionat the end of June. This can be used to buy out other companies and to fund their research. With the whole biotech sector on its back in the current market, this is a huge opportunity. For investors, Merck also sports a price-to-earnings multiple under 14 and offers a dividend yield of over 3%. It’s a value stock. Source: Shutterstock Amgen(NASDAQ:AMGN) is large like Merck but was born in the biotech era. It was founded in 1980. Its first success with DNA led to the development of drugs likeEpogen, used to treat anemia associated with chemotherapy and kidney failure. The company’s sales in 2021 were nearly $26 billion, led by the arthritis drug Enbrel and Prolia for thinning bones.The company’s pipelineincludes over a dozen drugs in Phase-3 trials. As with Merck, Amgen also has a lot of cash,$5.2 billionat the end of June. Its $7.76/year dividend yields 3.4% and its price-to-earnings ratio is 19.33. Lately, Amgen has been focusing on its induced proximity platform, shunning what it calls “low-hanging fruit” in hopes of finding compounds that can treatmultiple diseasesfor which there are currently no treatments. It’s also in the biosimilars space, working on a drug that will mimic the action ofAbbVie’s(NASDAQ:ABBV) blockbusterHumira. Biosimilars can improve the rate at which patented drugs are replaced by generics. Source: Mongkolchon Akesin / Shutterstock.com Ionis Pharmaceuticals(NASDAQ:IONS) illustrates the promise and the risk in today’s biotech market. Ionis is best known for Spinraza, licensed to Biogen for the treatment of spinal muscular dystrophyin 2016. Sales in 2021 were $810 million but came with a loss of $29 million, 20 cents per share, as the company continued to spend heavily on new drugs. These include a rare disease drug calledeplontersen, for which it has partnered withAstraZeneca(NASDAQ:AZN). Ionis took $200 million for it last year with the hope of $3.4 billion more if it achieves clinical milestones. The target is a usually-fatal hereditary disease called ATTRv-PN. It is also working with Biogen on an ALS drug calledtofersen. Unfortunately, Ionis has also failed onat least four drugsin the last year. This has caused some analysts toback away, with three telling investors to sell. Source: Shutterstock.com Exelixis(NASDAQ:EXEL) is best known for cabozantinib, a kinase inhibitor used to treat some types of thyroid, kidney and liver cancers. Exelixis is a good example of a biotech seeking to capitalize and expand on a single big success. Akinase inhibitorblocks the action of a type of enzyme, in this case, tyrosine. The best-known kinase inhibitor is Merck’s keytruda. These drugs often have side effects that require study and can inhibit effectiveness. While cabozantinib was first approved in 2012 for some thyroid cancers, Exelixis had to lay off 70% of its employees in 2014 after it failed a Phase-3 trial for prostate cancer. By 2021, however, Exelixis had sales of over $1.4 billion and a net income of $231 million, or 72 cents per share. It has a market cap of $5 billion and a PE ratio of 20. At the end of June, Exelixis had$1.5 billionof cash and securities on the books. The cash let it begin an investigation ofthree compoundsfrom BioInvent’s n-CoDeR library of antibodies. The company is also involved inpatent suitsaimed at protecting its cabozantinib franchise and has begun a Phase-3 trial on a newtyrosine inhibitor for colorectal cancer. Source: Connect world / Shutterstock.com Twist Bioscience(NASDAQ:TWST), founded in 2013, manufactures synthetic DNA, a manufacturing process that lets companiesspeed the production of DNA for study. In 2021 it had sales of $133 million and lost $152 million, or $3.15 per share. Its market cap at the end of June 2021 was $2 billion. In Nov. 2021, at the height of the tech boom, it was over $5.5 billion. Twist is one of the hundreds of companies, public and private, aiming to supply other drug companies with key research and production technology. As with companies that seek to create and sell drugs, there is enormous risk, but there are also huge markets on offer. Twist stock bounced at the end of June when it announced a deal tolicense its antibody librariestoIldong Pharmaceutical, a Korean company. Twist will get milestone, maintenance, andpossible royalty payments in the deal. It also signed a partnership agreement withAstellas Pharmaceutical(OTCMKTS:ALPMY) of Japanin May, and it hasa supply agreementwithGingko Bioworks(NYSE:D... - 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:** ['If there’s a silver lining to be found in the current inflationary environment, it is that Social Security beneficiaries will, in 2023, receive a record cost-of-living adjustment of 8.7%. The adjustment will result in an average of $140 more per month for qualifying people who collect Social Security benefits. While many people will put this additional money towards their daily living expenses, some may find they have a little extra money to invest. Below, we suggest three solid,\xa0 reliable stocks to buy with the Social Security increase. IEP Icahn Enterprises $54 BRK.A/BRK.B Berkshire Hathaway $434,215/$287 CET Central Securities $35.20 Icahn Enterprises (IEP) An image of Ivanka Trump, Jared Kushner, and Carl Icahn Source: lev radin / Shutterstock.com I’ve mentioned Icahn Enterprises (NASDAQ: IEP ) before. But it’s worth discussing again, since the stock has a sky-high dividend yield of 14.86%. When you compare that to the average dividend yield of 1.82% among stocks listed in the benchmark S&P 500 index, the gap is pretty mind-blowing. Currently, IEP stock pays out a quarterly dividend of $2 a share or $8 per share each year. InvestorPlace - Stock Market News, Stock Advice & Trading Tips In addition to its gigantic dividend, Icahn Enterprises is also a comparatively stable stock that doesn’t gyrate a great deal. This year, for example, the share price is up a modest 3% in a bear market during which the S&P 500 is down 22% on the year. Over five years, IEP stock is down a slight 2%. Icahn Enterprises’ combination of a massive dividend yield and relative stability makes it an ideal holding for retirees who are collecting social security. The shareholders of Icahn Enterprises essentially own part of a holding company that is run by famed investor Carl Icahn and his son, Brett. The company has invested in a number of businesses that could be viewed as boring by some but are not prone to the wild highs and lows from which newer start-ups often suffer. Currently, Icahn Enterprises owns businesses such as Pep Boys , a chain of automotive service centers; ACF Industries , a manufacturer of railroad rolling stock; and WestPoint Home , which makes towels, bedding and pillows. Again, those are not glamorous companies. But they are stable. And no one can complain about Icahn’s dividend. Story continues Berkshire Hathaway (BRK.A / BRK.B) Warren Buffett gestures to an audience. Source: Krista Kennell / Shutterstock.com Speaking of holding companies managed by famous investors, how about Berkshire Hathaway (NYSE: BRK.A / NYSE: BRK.B ), the massive conglomerate run by Warren Buffett? For good reason, Berkshire Hathaway has been called by many analysts and leading investors one of the best retirement stocks in the world. The company run by Warren Buffett is heavily diversified, owning a number of private businesses in sectors ranging from insurance and railroads to fast-food restaurants and retail jewelry outlets. Berkshire also manages one of the biggest stock portfolios in the world, currently worth nearly $330 billion. Berkshire is among the largest shareholders of Apple (NASDAQ: AAPL ), Bank of America (NYSE: BAC ) and Coca-Cola (NYSE: KO ),. Like Icahn Enterprises, Berkshire Hathaway has a track record of outperforming the broader market during downturns. This year, BRK.B stock is down only 6% while the blue-chip Dow Jones Industrial Average has sunk 15% in 2022. If there’s a downside to Berkshire Hathaway’s stock, it is that it does not pay a dividend. Buffett has consistently refused to stribute any dividends. However, the Oracle of Omaha is fond of repurchasing his own stock, buying back $27.1 billion of the shares last year . Central Securities (CET) A man in a suit pointing to a dollar sign representing SONX Stock. Source: NicoElNino / Shutterstock.com While not as well-known as either Icahn Enterprises or Berkshire Hathaway, Central Securities (NYSEAMERICAN: CET ) is a well-managed, highly diversified, closed-end fund that has many benefits for investors seeking stocks to buy with their Social Security increase. In operation since October 1, 1929 (at the start of the Great Depression), Central Securities essentially operates as a holding company. Like IEP and BRK.B, Central Securities has a number of longstanding investments in both public and private companies. And also like Icahn and Berkshire, Central Securities tends to invest in reliable, blue-chip businesses. Some of Central Securities main investments include the Plymouth Rock insurance company, oil and gas company Hess Corporation (NYSE: HES ), and credit card giant American Express (NYSE: AXP ). Central Securities has held some of its current investments for 40 years. CET stock also pays a strong dividend that currently yields 10.6% The company pays its dividend every six months, and the payout at the end of each year tends to be the larger of the two that are issued. In all, Central Securities paid out $3.75 per share to investors last year. And, while he is not as well-known as either Carl Icahn or Warren Buffett, Wilmot Kidd III, the long-time president of Central Securities who stepped down earlier this year but remains chairman of the board, is a legend in his own right . With Kidd at the helm, CET stock returned an annualized 14.5% to investors over a 47-year period. This year, the stock is down 20%, nearly matching the decline of the S&P 500. On the date of publication, Joel Baglole held long positions in AAPL, BAC and CET. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines . Joel Baglole has been a business journalist for 20 years. He spent five years as a staff reporter at The Wall Street Journal, and has also written for The Washington Post and Toronto Star newspapers, as well as financial websites such as The Motley Fool and Investopedia. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” It doesn’t matter if you have $500 or $5 million. Do this now. The post 3 Stocks to Buy With Your Social Security Increase appeared first on InvestorPlace .', 'If there’s a silver lining to be found in the current inflationary environment, it is that Social Security beneficiaries will, in 2023, receive arecord cost-of-living adjustmentof 8.7%. The adjustment will result in an average of $140 more per month for qualifying people who collect Social Security benefits. While many people will put this additional money towards their daily living expenses, some may find they have a little extra money to invest. Below, we suggest three solid,\xa0 reliable stocks to buy with the Social Security increase.\n[{"IEP": "BRK.A/BRK.B", "Icahn Enterprises": "Berkshire Hathaway", "$54": "$434,215/$287"}, {"IEP": "CET", "Icahn Enterprises": "Central Securities", "$54": "$35.20"}]\nSource: lev radin / Shutterstock.com\nI’ve mentionedIcahn Enterprises(NASDAQ:IEP) before. But it’sworthdiscussing again, since the stock has a sky-high dividend yield of 14.86%.\nWhen you compare that to the average dividend yield of 1.82% among stocks listed in the benchmarkS&P 500index, the gap is pretty mind-blowing. Currently, IEP stock pays out a quarterly dividend of $2 a share or $8 per share each year.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nIn addition to its gigantic dividend, Icahn Enterprises is also a comparatively stable stock that doesn’t gyrate a great deal. This year, for example, the share price is up a modest 3% in a bear market during which the S&P 500 is down 22% on the year. Over five years, IEP stock is down a slight 2%.\nIcahn Enterprises’ combination of a massive dividend yield and relative stability makes it an ideal holding for retirees who are collecting social security. The shareholders of Icahn Enterprises essentially own part ofa holding companythat is run byfamed investor Carl Icahnand his son, Brett. The company has invested in a number of businesses that could be viewed as boring by some but are not prone to the wild highs and lows from which newer start-ups often suffer.\nCurrently, Icahn Enterprises owns businesses such asPep Boys, a chain of automotive service centers;ACF Industries, a manufacturer of railroad rolling stock; andWestPoint Home, which makes towels, bedding and pillows. Again, those are not glamorous companies. But they are stable. And no one can complain about Icahn’s dividend.\nSource: Krista Kennell / Shutterstock.com\nSpeaking of holding companies managed by famous investors, how aboutBerkshire Hathaway(NYSE:BRK.A/ NYSE:BRK.B), the massive conglomerate run by Warren Buffett? For good reason, Berkshire Hathaway has been called by many analysts and leading investors one of thebest retirement stocksin the world.\nThe company run by Warren Buffett is heavily diversified, owning a number of private businesses in sectors ranging from insurance and railroads to fast-food restaurants and retail jewelry outlets. Berkshire also manages one of thebiggest stock portfoliosin the world, currently worth nearly $330 billion.\nBerkshire is among the largest shareholders ofApple(NASDAQ:AAPL),Bank of America(NYSE:BAC) andCoca-Cola(NYSE:KO),. Like Icahn Enterprises, Berkshire Hathaway has a track record of outperforming the broader market during downturns. This year, BRK.B stock is down only 6% while the blue-chipDow Jones Industrial Averagehas sunk 15% in 2022.\nIf there’s a downside to Berkshire Hathaway’s stock, it is that it does not pay a dividend. Buffett has consistently refused to stribute any dividends. However, the Oracle of Omaha is fond of repurchasing his own stock,buying back $27.1 billion of the shares last year.\nSource: NicoElNino / Shutterstock.com\nWhile not as well-known as either Icahn Enterprises or Berkshire Hathaway,Central Securities(NYSEAMERICAN:CET) is a well-managed, highly diversified,closed-end fundthat has **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-10-23 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $368,218,076,831 - Hash Rate: 274506216.9071191 - Transaction Count: 217872.0 - Unique Addresses: 582380.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.23 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Crypto banking and payments platform BVNK has won registration as a virtual asset services provider (VASP) in Spain. Registration with the Bank of Spain will allow BVNK to offer its services to corporates across the country. BVNK helps businesses to provide crypto services that are not otherwise offered through existing payment and settlement providers. Its business accounts support more than 100 cryptocurrencies, including bitcoin (BTC), ether (ETH), Cardano's ADA and Solana's SOL. In an announcement on Thursday, BVNK referred to VASP registration in Spain as a "springboard for expansion" across the European Union (EU). Under the EU's Markets in Crypto Assets (MiCA) legislation, which ison the verge of becoming law, crypto companies licensed in individual member states can market their services across the 27-country bloc, provided they meet minimum guarantees intended to protect investors and maintain stability. London-based BVNKlaunched in October 2021andraised $40 million in fundingin May of this year. It has grown its headcount from 40 to 160 in the last 12 months, with plans to increase it to 250 in the next year. Read more:Industry Offers Cautious Welcome to EU’s Landmark Crypto Law MiCA... - Reddit Posts (Sample): [['u/escodelrio', "The Nakamoto Coefficient Is a Way to Quantify the Decentralization of a Blockchain. Bitcoin Blows Everything Else Out of the Water. It's Not Even Close!", 39, '2022-10-23 00:35', 'https://www.reddit.com/r/Bitcoin/comments/yb0q2h/the_nakamoto_coefficient_is_a_way_to_quantify_the/', "Here is a [tweet](https://twitter.com/balajis/status/1334388563832496130?s=20&t=P0qxJUWrV_njFC8g3trhfA) that discusses the idea:\n\nhttps://preview.redd.it/6rcfs4m3ofv91.png?width=740&format=png&auto=webp&s=63ca747a499a71d385a6cacbfff11e9a96435770\n\nHere is a [link](https://news.earn.com/quantifying-decentralization-e39db233c28e) to an older blog post that does a deep dive into this:\n\nhttps://preview.redd.it/hzxrcvtjofv91.png?width=781&format=png&auto=webp&s=40c0f7029a114d1a4c868ea139041d1d29d83e89\n\nHere is a graph from a recent Invest Answers podcast. Bitcoin's # is (conservatively): 7,349. The next highest Nakamoto Coefficient on this list is 34 from a crypto that shall remain nameless. Some of the others are as low as 3! The gulf between Bitcoin and everything else is as wide as the Pacific Ocean.\n\nhttps://preview.redd.it/feh1lcu0ofv91.png?width=2732&format=png&auto=webp&s=9c9609df8e5511accbcb6a185491738962a9ed6c\n\nWhy does this matter? Anyone who uses Bitcoin has far greater assurances that the chain is secure and resistant to the actions of hostile parties. The other chains? Not so much...\n\nEdit: Here is how it is calculated for those mathematically inclined:\n\n​\n\nhttps://preview.redd.it/gwg89iurwfv91.png?width=850&format=png&auto=webp&s=b171aec62e1030968531623d5c678983261d26f1", 'https://www.reddit.com/r/Bitcoin/comments/yb0q2h/the_nakamoto_coefficient_is_a_way_to_quantify_the/', 'yb0q2h', [['u/Mr_P_Nissaurus', 17, '2022-10-23 01:40', 'https://www.reddit.com/r/Bitcoin/comments/yb0q2h/the_nakamoto_coefficient_is_a_way_to_quantify_the/ite7mso/', 'There is Bitcoin. \n\nThen there are alt coin scams.', 'yb0q2h'], ['u/ethereumfail', 12, '2022-10-23 11:48', 'https://www.reddit.com/r/Bitcoin/comments/yb0q2h/the_nakamoto_coefficient_is_a_way_to_quantify_the/itfu08p/', 'all of these are complete guesses as to what "entities" are and thus it quantifies exactly ZERO\n\nall those "numbers" are trivially sybiled and are used by scams for theater, one party can always pretend to be more than 1 party\n\nthe only thing that allows any decentralization is permissionless and costly distribution of control, which central premine scams have exactly 0 of as they literally have 1 party who can determine if they keep control alone from genesis & has to be forever trusted\n\nall the "validator" numbers are completely off for most of them too and virtually all of those counted aren\'t validating as much as just trusting others as running fully validating node on those scams is so expensive and difficult. now they are just counting addresses which have literally zero to do with being different people and just requires making one more random number for an address & key.\n\nthose are scams, 100% centralized scams, not 99% centralized, all 100% centralized, 1 party w/ more control than all others combined from central premines makes them all 100% centralized', 'yb0q2h']]], ['u/TomatilloFabulous602', '18 Months Jail Time for Hacker Who Sold Stolen Ed Sheeran Songs for Bitcoin', 128, '2022-10-23 01:05', 'https://www.reddit.com/r/CryptoCurrency/comments/yb1eio/18_months_jail_time_for_hacker_who_sold_stolen_ed/', 'The person who stole unreleased songs by Ed Sheeran and other musicians has been sent to prison for a year and a half.\n\nHe sold at least two of Sheeran’s songs on the dark web in exchange for bitcoin.', 'https://cryptopotato.com/18-months-jail-time-for-hacker-who-sold-stolen-ed-sheeran-songs-for-bitcoin/', 'yb1eio', [['u/Jollyapeinheaven', 53, '2022-10-23 01:07', 'https://www.reddit.com/r/CryptoCurrency/comments/yb1eio/18_months_jail_time_for_hacker_who_sold_stolen_ed/ite3bom/', '***The person who stole unreleased songs by Ed Sheeran and other musicians has been sent to prison for a year and a half.***\n\n***He sold at least two of Sheeran’s songs on the dark web in exchange for bitcoin.***\n\nShould have used Monero.', 'yb1eio'], ['u/The_Chorizo_Bandit', 38, '2022-10-23 01:10', 'https://www.reddit.com/r/CryptoCurrency/comments/yb1eio/18_months_jail_time_for_hacker_who_sold_stolen_ed/ite3t76/', 'The real crime here was someone buying his unreleased songs. /s', 'yb1eio'], ['u/Spartan3123', 20, '2022-10-23 01:32', 'https://www.reddit.com/r/CryptoCurrency/comments/yb1eio/18_months_jail_time_for_hacker_who_sold_stolen_ed/ite6nyj/', ">Epstein pleaded guilty and was convicted in 2008 by a Florida state court of procuring a child for prostitution and of soliciting a prostitute.\\[5\\]\\[9\\] He served almost **13 months in custody, but with extensive work release**. He was convicted of only these two crimes as part of a controversial plea deal; **federal officials had identified 36 girls, some as young as 14 years old**, whom Epstein had allegedly sexually abused.\n\nPicked the wrong crime - should have chosen to be a billionaire child sex offender.\n\nWhat's with the US as soon as your crime involves money your sentence is very severe and very light if you have it. 18 months is a ridiculous sentence for a victimless crime like that - poor millionaires/billionaires didn't make as much money", 'yb1eio'], ['u/Mr_Bob_Ferguson', 10, '2022-10-23 04:57', 'https://www.reddit.com/r/CryptoCurrency/comments/yb1eio/18_months_jail_time_for_hacker_who_sold_stolen_ed/itevxre/', 'Stolen funds were used to buy a castle on the hill.', 'yb1eio']]], ['u/Zealousideal-Bee6976', '19 years old seeking advice', 43, '2022-10-23 02:24', 'https://www.reddit.com/r/StockMarket/comments/yb34ga/19_years_old_seeking_advice/', 'Hey guys so I’m a 19 year old college student making about $750$-1000 a week between both my jobs, I also have no bills to pay. I would like to hear any advice anyone has on where to put my money for long term investments, and ways to set my future up for financial success. I’ve purchased a few books on the stock market so I’m slowly learning and I am yet to invest any money excluding Bitcoin. I have about $3000-$4000 that I can invest currently without stressing about funding my personal lifestyle. I also can put 80% of my money that I make into investments seeing as I don’t spend that much money on myself or anyone else. I would also appreciate recommendations on the best apps to purchase stocks and hold my money in. Any advice would be much appreciated and I hope you all are having a good day/year', 'https://www.reddit.com/r/StockMarket/comments/yb34ga/19_years_old_seeking_advice/', 'yb34ga', [['u/OlderActiveGuy', 30, '2022-10-23 02:28', 'https://www.reddit.com/r/StockMarket/comments/yb34ga/19_years_old_seeking_advice/itedsey/', 'Check out r/Bogleheads for lots of links and advice. Index mutual funds or ETFs like VTI (total US stock market) are a great way to get started. Consider setting up a Fidelity IRA and brokerage account and using their app. \n\nCongrats on getting started so young. Time is your friend.', 'yb34ga'], ['u/FriendlyGate6878', 18, '2022-10-23 02:42', 'https://www.reddit.com/r/StockMarket/comments/yb34ga/19_years_old_seeking_advice/itefkyn/', 'The advice I would give. Put 75% into a safe eft / spy / something. Then use the other 25% to learn the market eg pick individual stocks, maybe some option training. You will probably loss some money on this 25%. But it will be a good learning experience. Nothing like learning on the job.', 'yb34ga'], ['u/OlderActiveGuy', 11, '2022-10-23 02:49', 'https://www.reddit.com/r/StockMarket/comments/yb34ga/19_years_old_seeking_advice/itegff2/', 'No, the app is Fidelity. You can buy Vanguard ETFs (and any others) through Fidelity with no fee. They are a way better brokerage firm and their app is way better than Vanguard’s.', 'yb34ga'], ['u/Sigz0', 86, '2022-10-23 03:08', 'https://www.reddit.com/r/StockMarket/comments/yb34ga/19_years_old_seeking_advice/iteiqsp/', "Do not go to r/wallstreetbets.\n\nThat's where money goes to die.", 'yb34ga'], ['u/euserc75', 22, '2022-10-23 04:00', 'https://www.reddit.com/r/StockMarket/comments/yb34ga/19_years_old_seeking_advice/itep4vf/', 'This is going to be your decade kid. Buy the big company stocks and DCA. By 29 you should be able to retire.', 'yb34ga'], ['u/saysjuan', 33, '2022-10-23 04:41', 'https://www.reddit.com/r/StockMarket/comments/yb34ga/19_years_old_seeking_advice/iteu1a8/', '“hey kid would you like to learn about 0 DTE options plays?”', 'yb34ga'], ['u/daytraderr1234', 13, '2022-10-23 04:55', 'https://www.reddit.com/r/StockMarket/comments/yb34ga/19_years_old_seeking_advice/itevoau/', "Vanguard for sure. If your looking for long term just stick to s&p 500. If that fails that means to whole country collapsed and we're all screwed anyways.", 'yb34ga'], ['u/No_Ambassador_7735', 10, '2022-10-23 04:57', 'https://www.reddit.com/r/StockMarket/comments/yb34ga/19_years_old_seeking_advice/itevxqu/', 'You’re tempting him with that link…it’s like entering wonkas chocolate factory… he may not make it back out', 'yb34ga'], ['u/Sigz0', 10, '2022-10-23 05:11', 'https://www.reddit.com/r/StockMarket/comments/yb34ga/19_years_old_seeking_advice/itexh6f/', '"Gateway drug"', 'yb34ga']]], ['u/FazedNBemused', "Lenovo won't accept Protonmail, they didn't tell me until I called.", 10, '2022-10-23 03:42', 'https://www.reddit.com/r/ProtonMail/comments/yb4q4e/lenovo_wont_accept_protonmail_they_didnt_tell_me/', "If Protonmail is your main email account, the title is all you really need. I'm posting this to save other people time and complain.\n\nLenovo won't accept Protonmail accounts, and they won't ship to a UPS store. I wasn't told about the Proton account, I was told that I could ship to a UPS store, which was apparently incorrect. Payment processors also apparently hate ProtonVPN... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening:\nPrices\n● CoinDesk Market Index (CMI): 955.71 +1.63%\n● Bitcoin (BTC): $19,625 +2.23%\n● Ether (ETH): $1,365 +3.89%\nInsights:Can state regulators exert authority over projects without direct ties to the U.S.?\nGambling-theme NFT project Slotie, based in the former Soviet republic of Georgia, has renewed proliferating concerns about U.S. states extending their securities law into foreign jurisdictions.\nThe Week Begins With a Rebound\nBy Sam Reynolds and James Rubin\nBitcoin spent the weekend in a familiar place, hovering comfortably over $19,000.\nThe largest cryptocurrency by market value was recently trading at $19,625, up 2.23% over the last 24 hours and toward the bottom of the narrow range it has occupied for much of the last five weeks. Ether was recently trading at $1,365, up 3.89% from 24 hours earlier and about where it has stood for weeks. Investors remain nervous about inflation and macroeconomic uncertainty that threatens to cast the global economy into a steep recession.\nIt\'s generally green across the board as Asia\'s trading week begins with major altcoins and exchange tokens in the green over the last 24 hours.\nMeme coins and metaverse majors were the outliers, with Terra\'s LUNA down 1.1% and dogecoin knockoff SHIB down 0.5%. Decentraland\'s MANA token opened the week down 0.9% as theplatform struggles with a userbase that\'s not proportional to its market cap.\nThe CoinDesk Market Index (CMI), a broad-based market index that measures the performance of a basket of cryptocurrencies, recently rose 0.6%.\nEquity markets closed last week with a rare upswing, with the tech-focused Nasdaq and S&P 500 rising 2.3%, respectively on Friday, and the Dow Jones Industrial Average (DJIA) climbing 2.4% amid better-than-expected third-quarter earnings from a number of global brands, and despite a declining yen and ongoing political turmoil in the U.K.\nBrent crude oil, a measure of energy markets, ticked up slightly to trade over $93 per barrel, up more than 15% from the start of the year. Safe-haven gold climbed 1.6% to trade at $1,654 per ounce.\nThe U.S. Federal Reserve\'s next rate hike – a widely expected 75 basis points – is still two weeks away. But on Tuesday, the Conference Board will release October\'s consumer confidence index – showing a likely decline. The University of Michigan\'s sentiment index, a measure of attitudes about the U.S. economy, arrives on Friday. During the middle of the week, investors will be able to scrutinize housing starts and durable goods orders.\nThis rebound will face a test this week as nearly one-third of listed companies in the S&P 500 will announce earnings. If the U.S. really is at the beginning of a recession, missed earnings will be an early warning sign, and knock the wind out of this rebound.\n[{"Asset": "Solana", "Ticker": "SOL", "Returns": "+2.3%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Chainlink", "Ticker": "LINK", "Returns": "+1.8%", "DACS Sector": "Computing"}, {"Asset": "Polygon", "Ticker": "MATIC", "Returns": "+1.1%", "DACS Sector": "Smart Contract Platform"}]\n[{"Asset": "Terra", "Ticker": "LUNA", "Returns": "\\u22121.1%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Decentraland", "Ticker": "MANA", "Returns": "\\u22120.9%", "DACS Sector": "Entertainment"}, {"Asset": "Shiba Inu", "Ticker": "SHIB", "Returns": "\\u22120.5%", "DACS Sector": "Currency"}]\n`\nAmerica\'s Supranational Mandate\nBy Sam Reynolds\nEverything’s bigger in Texas, the idiom goes. But can Texas securities law rule the world? Or can other U.S. states reach long arms into foreign jurisdictions?\nOfficials from securities regulators in Alabama, Kentucky, New Jersey and Texas are targeting thegambling-themed non-fungible token projectSlotie, with accusations that it illegally sold tokens to raise capital.\nSlotie is registered in the former Soviet republic of Georgia.\nWhile there are a number of successful online crypto casinos with active player bases, NFT casino projects — which promise a cut of gambling revenue — have so far not really gone anywhere. TheSands Vegas Casino Clubpivoted from being a metaverse-style 3D casino to a more traditional online betting operation, using existing online casino infrastructure on the backend.\nBut this is crypto. Scams and misrepresentations abound. Do your own research.\nWhat’s more concerning is how state regulators are following in the footsteps of the federal government and doing a supranational flex to exert authority over projects that have no material ties to the U.S.\nThese projects do not actively solicit U.S. residents. Nor are they based in the country, and their staff are foreign nationals. Terraform Labs will be making similar arguments in its court battle with the Securities and Exchange Commission, thatprior case lawfound in Royalty Network Inc. v.Dishant.commeans there wasn’t “purposeful availment” of the U.S. market just because the webpage was available there and the content is in English.\n(This is separate from Terraform’s case, which it lost, against the SEC that service of Do Kwon, while he was in New York, was valid.)\nYou can’t say supranational or extraterritorial authority of U.S. regulators without mentioning BitMEX. The exchange, run by Arthur Hayes, a loquacious executive who liked to taunt authority, was charged in 2020 with facilitating unregistered trading, and its top brass was separately charged with violating the Bank Secrecy Act.\nNeither the exchange nor its people had a presence in the U.S. The exchange didn’t deal with fiat currency, only bitcoin (it now takes stablecoins). No bank accounts to be examined for violations of the Bank Secrecy Act.\nEventually, none of this was tested in court becauseBitMEX settled the case, and Hayespleaded guilty. The ability for American regulators to enforce their laws globally was never examined.\nSo if the feds have shaky authority that’s yet to be properly examined over regulating international crypto projects, how is it that the states think they can do the same? Everyone knows subnational units like a state or a province generally don’t get involved in international affairs, as it\'s without question the domain of the federal government.\nIn previousorders, the Texas state securities board has said that metaverse casinos, like the Flamingo Casino Club, are soliciting residents of the U.S. But there’s no specific language on any of these platform’s sites targeting Texans or Americans in general. It’s also not clear that U.S. residents, or even residents of the prosecuting states, make up the majority of the purchasers of these NFTs.\nThere may be a case to be made for allegations of fraud and deceit, but why is it that state regulators think they have the authority to make it?\n8:30 a.m. HKT/SGT(12:30 a.m. UTC)The Chicago Fed National Activity Index (Sept)\n9:45 a.m. HKT/SGT(1:45 a.m. UTC)The S&P Global US Composite PMI (Oct)\n4:00 a.m. HKT/SGT(8:00 p.m. UTC)European Central Bank Lending Survey\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nBitcoin Struggles to Retain $19K; Was Do Kwon Seen in Dubai?\nTerra\'s Do Kwon, a fugitive wanted by South Korean authorities, reportedly left Singapore for Dubai on his way to an unknown destination. Merkle Science co-founder and CEO Mriganka Pattnaik joined "First Mover" to discuss the case and recent crypto hacks. Why are bitcoin and ether prices dropping? ARK36 Executive Director Mikkel Morch provided crypto markets analysis. Plus, Regulatory Reporter Jack Schickler detailed how the U.K. government is extending a financial bill to regulate crypto.\nWeb3 Developers Still Building Despite Crypto Winter:Jason Shah, a product manager at Alchemy, a Web3 development platform, told CoinDesk TV that the pace is actually increasing.\nPolkadot Co-Founder Gavin Wood Steps Down From CEO Role at Blockchain\'s Builder:Bjorn Wagner will now helm Polkadot\'s key backer, Parity Technologies.\nCBDCs Can Work With Stablecoins, Central Bank Trial Finds:The Hong Kong Monetary Authority claims its retail central bank digital currency prototype safeguards flexibility and privacy.\nTHE Memes Won’t DIE: Crypto Hopefuls Seek Value in Joke Tokens After Vitalik Buterin’s Tweets:If there’s money to be made peddling trendy topics, expect a market for it somewhere in niche meme coin circles.\nGoldman Still Sees Strong US Dollar, a Weight on Bitcoin:The cryptocurrency has fallen as the U.S. dollar index has gone up.', 'Good morning. Here’s what’s happening:\nPrices\n● CoinDesk Market Index (CMI): 955.71 +1.63%\n● Bitcoin (BTC): $19,625 +2.23%\n● Ether (ETH): $1,365 +3.89%\nInsights:Can state regulators exert authority over projects without direct ties to the U.S.?\nGambling-theme NFT project Slotie, based in the former Soviet republic of Georgia, has renewed proliferating concerns about U.S. states extending their securities law into foreign jurisdictions.\nThe Week Begins With a Rebound\nBy Sam Reynolds and James Rubin\nBitcoin spent the weekend in a familiar place, hovering comfortably over $19,000.\nThe largest cryptocurrency by market value was recently trading at $19,625, up 2.23% over the last 24 hours and toward the bottom of the narrow range it has occupied for much of the last five weeks. Ether was recently trading at $1,365, up 3.89% from 24 hours earlier and about where it has stood for weeks. Investors remain nervous about inflation and macroeconomic uncertainty that threatens to cast the global economy into a steep recession.\nIt\'s generally green across the board as Asia\'s trading week begins with major altcoins and exchange tokens in the green over the last 24 hours.\nMeme coins and metaverse majors were the outliers, with Terra\'s LUNA down 1.1% and dogecoin knockoff SHIB down 0.5%. Decentraland\'s MANA token opened the week down 0.9% as theplatform struggles with a userbase that\'s not proportional to its market cap.\nThe CoinDesk Market **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-10-24 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $372,761,026,344 - Hash Rate: 249031192.74934924 - Transaction Count: 264486.0 - Unique Addresses: 629949.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.22 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The U.S. added a robust 315,000 jobs in August, slightly more than expected but still revealing a slowdown in hiring amid rising interest rates and slowing economic growth. Bitcoin (BTC) gained 0.8% in the minutes after the report was released. The weaker growth gives the Federal Reserve cover to refrain from more aggressive interest rate hikes at the U.S. central bank's next monetary policy meeting in September, relieving downward pressure on risky assets from stocks to cryptocurrencies. “Obviously we’re looking at how the Fed may or may not change their reaction function based off of this number,” said Path Trading Partners chief market strategist Bob Iaccino onCoinDesk TV. With theCME FedWatch Toolnow showing a 64% chance of a 75 basis point rate hike at the next meeting, “it’s a little easier for markets and for crypto,” he said. Economists had forecast 300,000 added positions. But it's a stark decrease from the528,000jobs added by the U.S. economy in July. The fresh data released by the Labor Department on Friday showed that hiring – a rebound after 22 million jobs lost during the coronavirus pandemic – is still strong but is slowly coming down; it might be a sign that changes in monetary policy by the Fed are starting to have an effect. The unemployment rate, meanwhile, rose to 3.7% from 3.5%, indicating that large-scale layoffs by big companies are starting to weigh on workers. Wages increased 0.3% from the previous month. Bitcoin was slightly up after the report. Traders anticipate the data could give the Federal Reserve green light in their aggressive fight to tame inflation by raising interest rates and making borrowing money significantly more expensive. August’s Employment Situation report might be one of the most important data points this year because it is one of the last big economic reports considered before the Federal Open Market Committee’s (FOMC) next meeting on Sept. 21-22. UPDATE (Sept. 2, 2022 13:28 UTC):Adds quote from Bob Iacchino.... - Reddit Posts (Sample): [['u/chopoffdatop', 'Scammed by fake GeekTime', 17, '2022-10-24 02:02', 'https://www.reddit.com/r/RepTime/comments/ybwuzj/scammed_by_fake_geektime/', 'Yeah I fucked up, I ordered about $840 worth of watches off the scammer site (GeekTime watch.com) through bitcoin. Don’t make the same mistake I did, first time ordering a rep watch ever too. Didn’t pay attention and I paid the price.\n\nI’m not gonna let this stop me though, I texted the real GeekTime and he said $40 off next order which was pretty cool of him\n\nREAL WEBSITE : geektime.watch', 'https://www.reddit.com/r/RepTime/comments/ybwuzj/scammed_by_fake_geektime/', 'ybwuzj', [['u/ZealousidealRabbit76', 18, '2022-10-24 02:04', 'https://www.reddit.com/r/RepTime/comments/ybwuzj/scammed_by_fake_geektime/itiz9n6/', 'Always check the TD list for the correct website. Good on you for not letting this stop you from enjoying the hobby. Expensive mistake, but shit happens.', 'ybwuzj'], ['u/DoylDoylDoyl', 11, '2022-10-24 03:21', 'https://www.reddit.com/r/RepTime/comments/ybwuzj/scammed_by_fake_geektime/itj94u4/', 'I actively blocked on my browser these websites so I can’t visit them accidentally going forward. I made the same mistake as you before.', 'ybwuzj'], ['u/jacob8875', 16, '2022-10-24 17:00', 'https://www.reddit.com/r/RepTime/comments/ybwuzj/scammed_by_fake_geektime/itlh1m5/', 'Uh, to be cool and nice? And potentially earn your repeat business? Just to name a few', 'ybwuzj']]], ['u/arcie316', 'Taylor Swift Fake Livestream', 48, '2022-10-24 02:26', 'https://www.reddit.com/r/TaylorSwift/comments/ybxd2p/taylor_swift_fake_livestream/', 'Someone used Taylor\'s Youtube name to scam people. \n\nA fake youtube channel named "Taylor Swift" hosted a live stream that seemed legitimate. However, it was linked to a website that asked for Bitcoin/ETH to scam viewers. The live stream was taken down after a while. \n\nThe live stream was an AMA with a World Tour 2023 Announcement in the title.\n\nThis is disgusting and should not be happening. If you see something like this, don\'t click on the links.', 'https://www.reddit.com/r/TaylorSwift/comments/ybxd2p/taylor_swift_fake_livestream/', 'ybxd2p', [['u/SPINsamSPIN', 26, '2022-10-24 02:30', 'https://www.reddit.com/r/TaylorSwift/comments/ybxd2p/taylor_swift_fake_livestream/itj2kio/', 'THANKS FOR THIS. i was so confused.', 'ybxd2p'], ['u/i-eat-cereal-dry', 20, '2022-10-24 02:45', 'https://www.reddit.com/r/TaylorSwift/comments/ybxd2p/taylor_swift_fake_livestream/itj4jly/', 'This is why I miss the days where everyone on YouTube had unique usernames. The fact that anyone can make their channel name anything can lead to some sketchy stuff. I know there’s check marks/music note symbols for verified channels, but still.', 'ybxd2p'], ['u/elm4', 11, '2022-10-24 03:30', 'https://www.reddit.com/r/TaylorSwift/comments/ybxd2p/taylor_swift_fake_livestream/itjacxy/', 'it was super weird because they even had all of her videos on their channel landing page and I was so confused why Taylor was working with Elon 💀', 'ybxd2p']]], ['u/Interesting-Pizza111', 'Ink Black Heart Plotholes', 28, '2022-10-24 02:51', 'https://www.reddit.com/r/cormoran_strike/comments/ybxupf/ink_black_heart_plotholes/', ' Hello, Strike Fans,\n\nI liked the ending and the whole story in general. It has far fewer plotholes than troubled blood and I really liked chat screenshots as a way of storytelling. The only things that I didn\'t like (or didn\'t make much sense to me) were these, maybe someone can shed light on some of these for me? \n\n\n1- There was no real reason for Anomie to kill vilepechora. Their dossier worked in his favor and I think they had quite a lot in common (dislike of women). And if Anomie knew they were halvening, he should know for sure that they won\'t tell the police about bitcoin. Even if they did, nobody knew who Anomie was. So no danger for him. I think he could have just banned them instead of a very risky murder in a crowded place in broad daylight. That didn\'t make any sense to me. \n\n\n​\n\n2- Why did Grant hide Josh\'s letter? He could show it to the police and make Josh (and Katya) look really bad. There was no real reason to hide the evidence in a murder case which is punishable and for what? What did he want to gain from this except for make the case more complicated? \n\n\n​\n\n3- I didn\'t like the coincident of Strike and Robin to figure it out who Anomie is at the exact time that Gus snapped. That simultaneity was odd to me. \n\n\n​\n\n4- How did an unemployed teenager have the money to buy at least 2 specially made masks from Germany, a machete, and a wheelchair? \n\n\n​\n\n5- They stopped people from registering to the game right after the killings of Ledwell and Blay and yet they talked of raising numbers. How in the hell when you don\'t let new people in the game can your numbers raise? Only existing members became more active? Is that the definition? \n\n\n​\n\n6- Why should Gus tell Josh Blay "I am gonna take full control now" after he stabbed him? He didn\'t have any beef with Josh, why would he gloat to him? \n\n\n​\n\n7- When Flavia has hide her number and changed her voice to call Strike, why doesn\'t she just say "Gus Upcott is Anomie. Investigate him further!" Why would she be cryptic as hell? What kind of tip is that "Dig her up and check the letter"? Even if they do that, that\'ll take months. Why not just tell them?\n\nWhat do you think about my points? Did I miss anything?', 'https://www.reddit.com/r/cormoran_strike/comments/ybxupf/ink_black_heart_plotholes/', 'ybxupf', [['u/NDStars', 28, '2022-10-24 02:58', 'https://www.reddit.com/r/cormoran_strike/comments/ybxupf/ink_black_heart_plotholes/itj6aum/', "1. Anomie killed him bc Vilepechora helped Anomie buy the taser from the dark web. Vilepechora was a witness so he had to go.\n\n4. The Upcotts are rich. Probably gets a allowance or sold some stuff.\n\n6. Gus was delusional and thought that since he created a popular game that it somehow gave him ownership over the cartoon. Plus he had DMd Josh accusing a creator of the cartoon of not truly understanding the cartoon, and that it was selling out. So Gus wanted to get rid of Josh and take stewardship himself.\n\nOne plot hole I picked up was that Vikas had followed the real Nicole Crystal's Twitter. I think it's implausible that in all the time Paperwhite and Morehouse spent in game, there wasn't one instance where Nicole tweeted something that was in complete opposition to what was happening in game at the same time.", 'ybxupf'], ['u/needpolarseltzer', 13, '2022-10-24 03:02', 'https://www.reddit.com/r/cormoran_strike/comments/ybxupf/ink_black_heart_plotholes/itj6sdz/', "5. I believe they are referencing active members, it makes sense that many casual or lapsed users would log in after the creators were attacked.\n\n6. Per anomies Twitter dms, he had beef with Josh.\n\n7. She's really young and was obviously scared to death of her brother, what if gus had been listening to her calls? Maybe she thought she could pass it off as trolling if gus overheard her", 'ybxupf'], ['u/ElsieOneil8888', 22, '2022-10-24 03:06', 'https://www.reddit.com/r/cormoran_strike/comments/ybxupf/ink_black_heart_plotholes/itj7ar9/', '>Only existing members became more active? Is that the definition?\n\nYes.\n\n​\n\n>Why should Gus tell Josh Blay "I am gonna take full control now" after he stabbed him? He didn\'t have any beef with Josh, why would he gloat to him?\n\nWhy not? If he really didn\'t "have any beef" with Josh, he wouldn\'t have stabbed him. He wanted full control. And also I think he thought Josh was going to die.\n\n​\n\n>When Flavia has hide her number and changed her voice to call Strike, why doesn\'t she just say "Gus Upcott is Anomie. Investigate him further!" Why would she be cryptic as hell? What kind of tip is that "Dig her up and check the letter"? Even if they do that, that\'ll take months. Why not just tell them?\n\nShe\'s 12. Her critical thinking isn\'t fully formed.', 'ybxupf'], ['u/NDStars', 18, '2022-10-24 03:28', 'https://www.reddit.com/r/cormoran_strike/comments/ybxupf/ink_black_heart_plotholes/itja31t/', "1. That's very sane and logical thinking. Gus is neither. \n2. I imagine owning 2 homes in England and driving a Land Rover, plus making major renovations to a house to make it wheelchair accessible means you're pretty damn rich.", 'ybxupf'], ['u/needpolarseltzer', 15, '2022-10-24 03:29', 'https://www.reddit.com/r/cormoran_strike/comments/ybxupf/ink_black_heart_plotholes/itja58v/', "6. He might have said it to edie too, we don't know \n\n7. I really just attribute it to her being a scared child, she doesn't know what to do, so she does something cryptic. I can understand being too scared to tell anyone and also, who will listen to a kid accusing her brother of being a murderer?", 'ybxupf'], ['u/ninidontjump', 12, '2022-10-24 03:46', 'https://www.reddit.com/r/cormoran_strike/comments/ybxupf/ink_black_heart_plotholes/itjcep0/', 'As to #3: i think Gus had some animosity towards Josh due to his mom being overly-involved, possibly obsessed with him. It bothered his dad (her husband) and Gus was struggling with his health & physical appearance….only to have his mom diverting her focus to another young man who isn’t a family member. All of this occurring alongside the issues with the cartoon/game.', 'ybxupf'], ['u/needpolarseltzer', 13, '2022-10-24 03:51', 'https://www.reddit.com/r/cormoran_strike/comments/ybxupf/ink_black_heart_plotholes/itjd210/', 'When I was 12 I did a lot of things differently than I would now', 'ybxupf'], ['u/Parking_Smell_1615', 12, '2022-10-24 03:59', 'https://www.reddit.com/r/cormoran_strike/comments/ybxupf/ink_black_heart_plotholes/itjdyfo/', "My big one is how blase they were about Gus (and frankly all of the Upcotts) as a possible suspect from the beginning. Also find it stran... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening: Prices: Bitcoin continued its weeks-long stay above $19K; most other major cryptos were slightly in the red. Insights: Has Binance grown too big and powerful? 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 CoinDesk Market Index ( CMI ) 945.47 1.2 Bitcoin ( BTC ) $19,335 1.2 Ethereum ( ETH ) $1,344 1.4 S&P 500 daily close 3,797.34 1.2 Gold $1,656 per troy ounce 0.3 Treasury Yield 10 Years 4.23 daily close 0.02 Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX); Gold is the COMEX spot price. Information about CoinDesk Indices can be found at coindesk.com/indices. Bitcoin Holds Over $19K – Yet Again By James Rubin The economic future had a slightly rosier hue, but not enough to stir bitcoin and other major cryptos from their weeks-long roosts. Bitcoin was recently trading above $19,300, a few ticks down from where it stood 24 hours earlier and well above the $19,000 threshold that’s served as a bottom support since mid September. Ether was recently changing hands at about $1,350, also slightly down from Sunday, same time, although as Oanda Senior Market Analyst Edward Moya noted that Ethereum has “gained more buzz” as the supply of ether has decreased. Other major altcoins were mixed earlier Monday but tinted red later in the day as investors continued their recent risk-averse postures. LUNA and ATOM each recently fell about 4%. The CoinDesk Market Index (CMI) , a broad-based market index that measures the performance of a basket of cryptocurrencies, was down 1.1% over the past 24 hours. Investors continue to eye U.S. Federal Reserve efforts to tame inflation. They sent stocks higher for a second consecutive day, as the Dow Jones Industrial Average and S&P 500 climbed 1.3% and 1.2%, respectively, and the Nasdaq increased 0.8%. Story continues The earnings season continues with Apple and Google parent Alphabet among the major tech companies scheduled to report. And on Tuesday the Conference Board will release October\'s consumer confidence index – showing a likely decline. In an interview with CoinDesk, GSR Markets Global Head of Product Benoit Bosc said that any lessening of the current dose of steep interest rate hikes would spur a “knee-jerk reaction.” “It will be a sharp move higher for risk assets,” Bosc said. Biggest Gainers There are no gainers in CoinDesk 20 today. Biggest Losers Asset Ticker Returns DACS Sector Terra LUNA −4.1% Smart Contract Platform Cosmos ATOM −4.0% Smart Contract Platform Solana SOL −3.8% Smart Contract Platform Insights Is Binance Becoming Too Dominant? By Sam Reynolds While FTX and Coinbase might have the mindshare, Binance’s $44 billion in daily volume is unchallenged by any other crypto exchange. Binance pushes through around 53% of all crypto trades on spot and derivatives markets by trade count, and around 30% of the market’s value. Top Global Crypto Exchanges (Nomics) And Binance is so much more than just an exchange. It has an eponymous blockchain for which it controls most of the validators , a stablecoin to which it gives preference on its exchange ( though it might not be a bad thing ), a major governance entity on the Uniswap DAO and is a lender of last resort to the beleaguered crypto mining industry. Is Binance becoming too dominant? Certainly other exchanges have products or mandates that go beyond their core business. FTX CEO Sam Bankman-Fried, despite commanding a smaller percentage of the daily trading volume than Binance CEO Changpeng "CZ" Zhao, spreads his influence far and wide with industry bailouts as the industry this year needed its version of the original J.P. Morgan . (The results have been “ mixed ,” as SBF said on David Rubenstein\'s show.) Libertarian DNA The crypto industry has libertarian DNA flowing through its veins. This is not a bad thing. Crypto becoming a trillion-dollar asset class has put lethargic regulators on notice that they must examine and embrace new technology instead of dismissing it and wishing it away through regulation. And there are alternative regulators to those based in the U.S. that have the competency to give institutional investors comfort (see: FTX’s endorsement of the Bahamas’ licensing regime ). The establishment needed challenging. But at the same time, monopolies tend to form in certain industries where there are economies of scale, such as the trading business. The pace of crypto mergers and acquisitions is expected to accelerate in the bear market. Libertarians would argue that the state breaking up companies is a failure to grasp the “creative destruction” of market dynamism. Naturally, the market corrects for monopolies. Microsoft, for instance, is nowhere near the dominant force it was during the antitrust case of the late 1990s. Within the Web2 world, regulators haven’t been very keen on antitrust lawsuits because of allegations of monopolistic behavior. Suits by the U.S. Federal Trade Commission and the states alleging that Meta, then Facebook, engaged in monopolistic practices have been thrown out . As a result, there have been calls to revamp antitrust laws, but it will take years for Congress to get to this. Will the same happen in crypto? Will there be a challenger to Binance? When Binance announced that it was killing access to three stablecoins that compete with its own, Circle wasn’t too upset. Circle CEO Jeremy Allaire tweeted that USDC would emerge a winner, as it would accelerate a shift away from USDT, which is a token-non-grata in the U.S. “While optimizing dollar liquidity on the world’s largest exchange may carry benefits, the paradigm does raise potential market conduct questions,” Circle was quoted as saying. So there are hints of antitrust ingredients, but because USDC, a competitor to BUSD, for now, remains a beneficiary, there’s not a case to be made – yet. But what happens when Binance puts together all the separate entities it has and does something where all its competitors get unfairly locked out of a particular market? At that point it might be relevant to revisit the question of whether Binance has become too dominant. Important events. 4:00 p.m.HKT/SGT(8:00 UTC) IFO Business Climate indicator for Germany (Oct) HKT/SGT(13:00 UTC) United States Housing Price Index (MoM) (Aug) HKT/SGT(14:00 UTC) United States Consumer Confidence (Oct) CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Veteran Trader Peter Brandt on Bitcoin: Is it Time to Buy?; State of NFT Markets It\'s the start of Trading Week at CoinDesk, and "First Mover" kicked off special markets coverage with one of the most followed technical traders in the crypto space, Peter Brandt, founder of Factor Trading. Plus, Galaxy Digital\'s Salmaan Qadir discussed a new report on the state of the NFT marketplace, where creators have earned $1.8 billion in royalties to date. Headlines MakerDAO Members Support Founder\'s \'Endgame\' Plan to Break Up into MetaDAOs, $2.1B of Transfers: Community members will move ahead with founder Rune Christensen\'s ambitious plan to break up the protocol into MetaDAOs. Robinhood\'s Crypto Customers Can Now Trade Aave and Tezos: The popular trading app now offers 19 crypto assets. MakerDAO Community Approves Proposal to Place USDC in Coinbase\'s Custody Platform: Up to $1.6 billion in USD coin will be held with Coinbase Prime, where it will earn a 1.5% reward. Court Refuses to Dismiss \'Insider-Trading\' Case Against Former OpenSea Exec: Nate Chastain, who was head of product at the NFT marketplace, was indicted in June. Ripple’s Director of Engineering Leaves Firm as XRP Turns 10: Nik Bougalis says he’s not joining another blockchain or Web3 company.', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin continued its weeks-long stay above $19K; most other major cryptos were slightly in the red.\nInsights:Has Binance grown too big and powerful?\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.\nCoinDesk Market Index (CMI)\n945.47\n1.2\nBitcoin (BTC)\n$19,335\n1.2\nEthereum (ETH)\n$1,344\n1.4\nS&P 500 daily close\n3,797.34\n1.2\nGold\n$1,656per troy ounce\n0.3\nTreasury Yield 10 Years\n4.23daily close\n0.02\nBitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX); Gold is the COMEX spot price. Information about CoinDesk Indices can be found atcoindesk.com/indices.\nBitcoin Holds Over $19K – Yet Again\nBy James Rubin\nThe economic future had a slightly rosier hue, but not enough to stir bitcoin and other major cryptos from their weeks-long roosts.\nBitcoin was recently trading above $19,300, a few ticks down from where it stood 24 hours earlier and well above the $19,000 threshold that’s served as a bottom support since mid September. Ether was recently changing hands at about $1,350, also slightly down from Sunday, same time, although as Oanda Senior Market Analyst Edward Moya noted that Ethereum has “gained more buzz” as the supply of ether has decreased.\nOther major altcoins were mixed earlier Monday but tinted red later in the day as investors continued their recent risk-averse postures. LUNA and ATOM each recently fell about 4%. TheCoinDesk Market Index (CMI), a broad-based market index that measures the performance of a basket of cryptocurrencies, was down 1.1% over the past 24 hours.\nInvestors continue to eye U.S. Federal Reserve efforts to tame inflation. They sent stocks higher for a second consecutive day, as the Dow Jones Industrial Av **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-10-25 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $385,551,541,175 - Hash Rate: 223395628.7898574 - Transaction Count: 248540.0 - Unique Addresses: 601629.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.20 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: A peak in the U.S. dollar "feels several quarters away," Goldman Sachs strategist Kamakshya Trivedi wrote in anote the bank's clients. "We do not expect the Fed to embark on easing until 2024, and a trough in growth also seems months away," he wrote. Checking the experience of the 1970s – which was also a period of high inflation – Trivedi noted the dollar didn't begin to weaken until economic activity was declining and the Federal Reserve loosened its monetary policy. That could be bad news for bitcoin (BTC). Among any number of reasons for the crypto's bear market of the past year, high on the list is the strong dollar. Bottoming in the middle of 2021 at just under the 90 level, the U.S. dollar index has shot higher to its current level of 113.69 –the strongest readingsince early 2002. Trivedi did offer some hope for dollar bears (and bitcoin bulls), suggesting it's possible the European economy strengthens, new leadership at the Bank of Japan could be more hawkish and China may back off its policy of zero tolerance for COVID-19 – all of which might tend to put pressure on the U.S. dollar, although he said, "We are not there yet." The dollar was sharply higher again on Friday morning, and bitcoin fell below $19,000 to $18,750.... - Reddit Posts (Sample): [['u/Revolutionary_Map924', 'Thoughts on the BHS/BTC 2025 project?', 24, '2022-10-25 00:38', 'https://www.reddit.com/r/burlington/comments/ycou9g/thoughts_on_the_bhsbtc_2025_project/', 'Just read a piece on FPF about this today…did not realize that the current high school needs to vacate Macy’s in 2025. Even if the $165M bond passes, is it realistic that the new HS will be built in time?!? Given the track record for development around here, and that 2025 truly is right around the corner…', 'https://www.reddit.com/r/burlington/comments/ycou9g/thoughts_on_the_bhsbtc_2025_project/', 'ycou9g', [['u/ARealVermontar', 68, '2022-10-25 00:50', 'https://www.reddit.com/r/burlington/comments/ycou9g/thoughts_on_the_bhsbtc_2025_project/itng180/', 'For a few years BHS may have to be located in a series of refugee-camp tents in the Pit', 'ycou9g'], ['u/elliotloudermilk', 17, '2022-10-25 01:01', 'https://www.reddit.com/r/burlington/comments/ycou9g/thoughts_on_the_bhsbtc_2025_project/itnhi4b/', 'Fall of 2025 opening wouldn’t be impossible. Unlikely. Not not technically impossible.', 'ycou9g'], ['u/casewood123', 12, '2022-10-25 01:48', 'https://www.reddit.com/r/burlington/comments/ycou9g/thoughts_on_the_bhsbtc_2025_project/itnnqj2/', 'Sometimes dark humor needs to be injected.', 'ycou9g'], ['u/cpujockey', 56, '2022-10-25 01:52', 'https://www.reddit.com/r/burlington/comments/ycou9g/thoughts_on_the_bhsbtc_2025_project/itno8zn/', 'Seems like a boat load of money, but what the hell do I know.\n\nThe students need a school and no more of this mall rats bullshit.', 'ycou9g'], ['u/NewSchoolFools', 17, '2022-10-25 02:45', 'https://www.reddit.com/r/burlington/comments/ycou9g/thoughts_on_the_bhsbtc_2025_project/itnvccb/', 'I think most of that went unused once the PCBs were found in the existing building.\n\nWe need a high school, and the new bond is well thought out from a cost and planning standpoint I think. I’m voting yes.', 'ycou9g'], ['u/Briko03', 16, '2022-10-25 04:31', 'https://www.reddit.com/r/burlington/comments/ycou9g/thoughts_on_the_bhsbtc_2025_project/ito9zpy/', 'I’m just confused as to why no other part of the city budget has been adjusted. Why are we not cutting unnecessary costs to help ease the burden of necessary services? We can’t just keep raising taxes in perpetuity. Renters should also expect yet another rent hike after this passes.', 'ycou9g'], ['u/stanky-hanky-panky', 26, '2022-10-25 04:31', 'https://www.reddit.com/r/burlington/comments/ycou9g/thoughts_on_the_bhsbtc_2025_project/itoa0bu/', 'I hadn’t been to Burlington in a bit and when I went this weekend I saw those “vote no” signs and had to laugh out loud. Imagine being the twat with the yard sign about how kids don’t need a school 😂', 'ycou9g'], ['u/Briko03', 13, '2022-10-25 05:04', 'https://www.reddit.com/r/burlington/comments/ycou9g/thoughts_on_the_bhsbtc_2025_project/itoe8zh/', 'It’s more a statement of reality. Not what should or shouldn’t be.\n\nEdit: I meant that renters will pay more for rent as a result of their landlords tax increase (if that was unclear)', 'ycou9g'], ['u/Briko03', 10, '2022-10-25 05:10', 'https://www.reddit.com/r/burlington/comments/ycou9g/thoughts_on_the_bhsbtc_2025_project/itoezfb/', 'My intention wasn’t to single out renters, it was to highlight that this will likely also financially impact them as it will property owners. So yes, they should consider that reality when voting.', 'ycou9g'], ['u/StoryofIce', 52, '2022-10-25 05:25', 'https://www.reddit.com/r/burlington/comments/ycou9g/thoughts_on_the_bhsbtc_2025_project/itogs15/', 'Imagine the largest city in your state not having a high school but placing kids in an abandoned Macy’s….. \n\nIt’s honestly embarrassing.', 'ycou9g'], ['u/Goldentongue', 11, '2022-10-25 05:58', 'https://www.reddit.com/r/burlington/comments/ycou9g/thoughts_on_the_bhsbtc_2025_project/itokiu1/', 'I saw those for the first time this weekend and was perplexed. What exactly is their position here? Just, not have a school at all?', 'ycou9g'], ['u/FizzBitch', 12, '2022-10-25 12:35', 'https://www.reddit.com/r/burlington/comments/ycou9g/thoughts_on_the_bhsbtc_2025_project/itpfh02/', 'Land lords cover the prop taxes with rent. Taxes go up, rent goes up. It is not fearmongering - its how renting property works.', 'ycou9g'], ['u/FizzBitch', 13, '2022-10-25 12:52', 'https://www.reddit.com/r/burlington/comments/ycou9g/thoughts_on_the_bhsbtc_2025_project/itpgvxh/', "I see now - your down-voting me because you don't like landwards.", 'ycou9g'], ['u/Leefordhamsoldmeout1', 10, '2022-10-25 15:33', 'https://www.reddit.com/r/burlington/comments/ycou9g/thoughts_on_the_bhsbtc_2025_project/itpy9ky/', "Burlington over the last 15 years is a master class of how to not do public policy, and you've highlighted one of the major problems: you cannot max out your taxing capacity for normal times because you may need to raise taxes for a future unknown reason. It's a pretty clear no-brainer to build a new high school, and yet, there's a real concern because of the costs. A million here, $165 million there, and pretty soon you're talking real money.", 'ycou9g'], ['u/KeeganDoomFire', 17, '2022-10-25 15:48', 'https://www.reddit.com/r/burlington/comments/ycou9g/thoughts_on_the_bhsbtc_2025_project/itq0br3/', 'Imagine the state not jumping at the opportunity to help to pay for it as well.', 'ycou9g'], ['u/StoryofIce', 17, '2022-10-25 15:50', 'https://www.reddit.com/r/burlington/comments/ycou9g/thoughts_on_the_bhsbtc_2025_project/itq0ke4/', 'Yep. \n\nFor as much as Vermont likes to boast about its education, what we pay teachers in most districts (in terms of cost of living) and the fact that our biggest city’s high school is in an old Macys….\n\nAgain, embarrassing.', 'ycou9g']]], ['u/lagger', 'Packers are beating the bills. Screw your negativity. I’ll place a bet on the packers in the dollar amount of the cumulative upvotes or downvotes on this post by Thursday. With receipts.', 27203, '2022-10-25 01:02', 'https://www.reddit.com/r/GreenBayPackers/comments/ycpcej/packers_are_beating_the_bills_screw_your/', "Go pack go.\n\nEdit: Is that the best you can do? LFG. \nEdit 2: I need someone to direct me on how to place this bet.\nEdit 3: 4000…\nEdit 4: Going to bed at 5k. Goodnight GPG\nEdit 5: ok 20k…that’s escalated \nEdit 6: Wife is now aware of the situation. She’s in.\nEdit 7: Unfortunately I was bad at math and missed about $1000 when transferring the bitcoin -- but its on its way to the betting wallet.\nEdit 8: Stop upvoting I've already transferred the money to the betting wallet\n\nFinal Edit: Posting this not as proof, but more as a reminder not to gamble on sports :) https://imgur.com/a/IVdtqGR", 'https://www.reddit.com/r/GreenBayPackers/comments/ycpcej/packers_are_beating_the_bills_screw_your/', 'ycpcej', [['u/FrankLloydWrong_3305', 19, '2022-10-25 01:06', 'https://www.reddit.com/r/GreenBayPackers/comments/ycpcej/packers_are_beating_the_bills_screw_your/itni6sk/', 'Eh I started making money betting against the Packers. \n\nIf I had picked the Doubs under instead of Lazard, it would have been a very nice win on a SGP.', 'ycpcej'], ['u/jdubya525', 14, '2022-10-25 01:08', 'https://www.reddit.com/r/GreenBayPackers/comments/ycpcej/packers_are_beating_the_bills_screw_your/itnigwq/', 'There gonna dogwalk us buddy.. love the high hopes though', 'ycpcej'], ['u/DopeDecagon', 154, '2022-10-25 01:15', 'https://www.reddit.com/r/GreenBayPackers/comments/ycpcej/packers_are_beating_the_bills_screw_your/itnjdk6/', 'Can you PLEASE vet me instead of a Sportsbook? I’ll do WHATEVER amount of money you want.', 'ycpcej'], ['u/DryIcePhactory', 414, '2022-10-25 01:17', 'https://www.reddit.com/r/GreenBayPackers/comments/ycpcej/packers_are_beating_the_bills_screw_your/itnjk1t/', 'Green Bay moneyline is at (+315)\n\nEdit. It looks like this was the smallest moneyline. Some books are at +420 now', 'ycpcej'], ['u/lagger', 214, '2022-10-25 01:17', 'https://www.reddit.com/r/GreenBayPackers/comments/ycpcej/packers_are_beating_the_bills_screw_your/itnjlya/', 'Can you explain what this means? I’ve never bet before.', 'ycpcej'], ['u/Doby1818', 46, '2022-10-25 01:21', 'https://www.reddit.com/r/GreenBayPackers/comments/ycpcej/packers_are_beating_the_bills_screw_your/itnk4kd/', 'I was obviously drinking during the game yesterday and made a (now stupid in my sober state) bet on the Packers to beat Buffalo. I put up $50 and the guy I bet put up $500. I have hope!!', 'ycpcej'], ['u/amak316', 117, '2022-10-25 01:25', 'https://www.reddit.com/r/GreenBayPackers/comments/ycpcej/packers_are_beating_the_bills_screw_your/itnkn57/', 'I humbly pledge my downvote to the cause', 'ycpcej'], ['u/DryIcePhactory', 330, '2022-10-25 01:26', 'https://www.reddit.com/r/GreenBayPackers/comments/ycpcej/packers_are_beating_the_bills_screw_your/itnkskw/', 'It means that if you bet $100 dollars on the Packers to win then you get $315 dollars + your original $100.\nThe Bills moneyline is -400, which means you would need to bet $400 dollars to win $100 dollars.\nSo the payout if the Packers win is much bigger because the bookmakers expect them to lose and the payout if the Bills win is very small because the bookmakers expect them to win.', 'ycpcej'], ['u/SnapHackelPop', 10, '2022-10-25 01:32', 'https://www.reddit.com/r/GreenBayPackers/comments/ycpcej/packers_are_beating_the_bills_screw_your/itnljd1/', "I appreciate your gung-ho attitude. With respect, I'd put good money on it being an asskicking", 'ycpcej'], ['u/KevinKlobsucks', 220, '2022-10-25 01:36', 'https://www.reddit.com/r/GreenBayPackers/comments/ycpcej/packers_are_beating_the_bills_screw_your/itnm4qv/', 'Packers are 2-0 in prime time night games I have attended and it’s gonna be 3-0 come Monday lfg', 'ycpcej'], ['u/DrKennethNoisewater-', 71, '2022-10-25 01:37', 'https://www.reddit.com/r/GreenBayPackers/comments/ycpcej/packers_are_beating_the_bills_screw_your/itnmaic/', 'Send this jabroni to bankruptcy', 'ycpcej'], ['u/Tazmanian_Devils', 83, '2022... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['With equity markets, investors should expect the unexpected. At this time last year, many growth stocks were sitting on multi-bagger returns. But the trend reversed and dozens of growth plays plunged by over 50%. The one good thing about this is there are now plenty of undervalued growth stocks to buy. However, it\x92s important to be selective as global economic conditions remain uncertain.\xa0Investors should focus on industries that have growth tailwinds beyond the current decade, such as electric vehicles, e-commerce,\xa0 mobile sports betting and cannabis. Companies in these industries should see healthy revenue growth and improving margins with economies of scale. As macroeconomic headwinds wane, these quality undervalued growth stocks should deliver multi-bagger returns once again. InvestorPlace - Stock Market News, Stock Advice & Trading Tips NIO Nio $10.63 LCID Lucid Group $13.92 BLNK Blink Charging $14.55 SE Sea Limited $50.01 TLRY Tilray Brands $3.58 DKNG DraftKings $14.10 PINS Pinterest $22.59 Undervalued Growth Stocks: Nio (NIO) A close-up shot of the Nio (NIO) ES8 vehicle. Source: xiaorui / Shutterstock.com Both Chinese stocks and electric vehicle stocks have been unpopular with investors in 2022. So, it\x92s no surprise shares of Chinese EV maker Nio (NYSE: NIO ) have plummeted more than 66% so far this year. This week, the stock hit levels not seen since July 2020 following news that Chinese President Xi Jinping would serve a third term. While investors are clearly nervous about the policy implications, this seems like a golden opportunity to buy shares of Nio around $10. The EV maker reported that its third-quarter deliveries rose 29% year over to 31,607 vehicles. Two factors are likely to continue to support growth in deliveries. First and foremost, Nio has an attractive pipeline of new models. Its diversified offerings should spur growth in its home market of China. Second, Nio is looking to aggressively expand in multiple European countries, providing the company with new markets for its EVs. Its $8 billion in cash on hand at the end of the second quarter should go a long way in supporting its European expansion plans. Story continues Lucid Group (LCID) The Lucid Motors (LCID) logo is displayed in front of an ad for the Air sedan. Source: T. Schneider / Shutterstock.com Lucid Group (NASDAQ: LCID ) is another undervalued growth stock in the EV space that\x92s worth buying at current levels. The stock is down 63% year to date but could see big gains once supply chain headwinds ease. In the company\x92s second-quarter update, it said it has seen 37,000 reservations for its Lucid Air, implying a revenue backlog of $3.5 billion. With Lucid aggressively expanding internationally, that backlog is likely to swell. The company has already opened studios in Germany and Saudi Arabia . Further, Lucid is taking online orders from multiple European countries. It\xa0also started construction on its first international plant in Saudi Arabia. And the Saudi government has placed an order for up to 100,000 Lucid EVs. Once near-term headwinds for the EV industry wane, LCID stock is likely to surge higher. Undervalued Growth Stocks: Blink Charging (BLNK) a blink charging station Source: David Tonelson/Shutterstock.com Numerous countries have outlined ambitious EV transition plans. None of these will be possible without a robust EV charging infrastructure. For example, the United States plans to build a network of half a million EV charging stations by 2030. And it\x92s estimated Europe will need 65 million charging stations by 2035. Given this, it\x92s clear the biggest growth days for EV charging infrastructure companies like Blink Charging (NASDAQ: BLNK ) are yet to come. BLNK stock is down 47% year to date despite the fact that the company continues to grow at a robust pace. For the second quarter, revenue surged 164% year over year to $11.5 million through a combination of organic growth and acquisitions. In April, the company acquired Electric Blue , which has helped expand Blink Charging\x92s presence in the U.K. This was followed in June by the acquisition of SemaConnect , which significantly expanded its U.S. network . With growth in EV networks coupled with acceleration in services revenue, margin expansion is in the cards. BLNK is an undervalued growth stock with multi-bagger return potential. Sea Limited (SE) The logo for Sea Limited is seen on a web browser through a magnifying glass. Source: Postmodern Studio / Shutterstock.com Among e-commerce names, Sea Limited (NYSE: SE ) looks deeply undervalued. Sure, cash burn has been a concern amid slowing growth. But the Southeast Asian market in which the company operates presents a huge opportunity. For this reason, the stock\x92s nearly 80% year-to-date drop seems overdone. For the second quarter, Sea Limited reported revenue growth of 29% year over year to $2.9 billion. While this represents a marked slowdown from its pandemic heydey, management has said it is \x93 rapidly prioritizing profitability and cash flow management.\x94 If the company can reduce its cash burn significantly in the coming quarters, SE stock is likely to trend higher even if revenue growth remains sluggish. One particularly bright spot in the company\x92s latest results was the 53% year-over-year growth in quarterly active users to 52.7 million. Sea Limited is quickly growing its market share in the lucrative Southeast Asian market and the ever-expanding online retail sector. I would consider adding shares of this undervalued growth stock to a portfolio following their big plunge. Undervalued Growth Stocks: Tilray Brands (TLRY) Closeup of mobile phone screen with logo lettering of cannabinoid company tilray cannabis, blurred marijuana and pipette background Source: Ralf Liebhold / Shutterstock.com Investors in the cannabis industry have been awaiting an inflection point in the sector for a long time. The most likely catalyst for this is legalization at the federal level in the United States.\xa0If this happens, Tilray Brands (NASDAQ: TLRY ) is one of the companies best positioned to benefit. However, legalization is not the stock\x92s only potential upside catalyst. Tilray expects to be free cash flow positive in its fiscal 2023 year, which ends May 31. Given the growth outlook for the industry, FCF is likely to accelerate in the coming years. I also like the fact that Tilray has a leading market share in medicinal cannabis in Germany. With the company receiving authorization for medicinal cannabis expansion in several European countries, the segment outlook is positive. By 2030, it\x92s estimated that the global medicinal marijuana market will be worth more than $248 billion . After a 49% year-to-date haircut, TLRY stock looks\xa0deeply undervalued. DraftKings (DKNG) DraftKings (DKNG) logo on a phone Source: Lori Butcher / Shutterstock.com DraftKings (NASDAQ: DKNG ) rode enthusiasm for online betting plays to an all-time high above $74 in March 2021. However, a revised growth outlook and cash burn have translated into a deep correction that has seen shares decline by more than 80% from their high to trade at pre-pandemic levels. Now, though, DKNG stock finally seems to have found a bottom. I expect shares to trend higher after consolidation. DraftKings is projecting an $800 million loss for the full year due in part to selling and marketing expenses. However, revenue is projected to increase 65%. Meanwhile, the company\x92s average number of monthly unique paid users and revenue per payer are on the rise , which should help it reach profitability. As more states legalize sports betting and online gambling, DraftKings\x92 addressable market will expand. This provides visibility for revenue growth. With Q3 results due in early November, it makes sense for growth investors to consider a long position at current levels. Undervalued Growth Stocks: Pinterest (PINS) Hand holding Apple Iphone6 gold color with Pinterest app on the screen. In the background, a laptop is open to Pinterest. PINS stock. Source: photobyphotoboy / Shutterstock Pinterest (NYSE: PINS ) is another stock that seems on the verge of a reversal rally after falling victim to investors\x92 overreaction to revised growth numbers. Over a 12-month period, PINS stock is lower by 61%. However, in the past six months, shares have trended higher by 15%. This indicates that valuations are attractive with the stock remaining resilient amid broader market volatility. For the second quarter, the company reported 9% revenue growth on a year-on-year basis to $666 million. Growth sustained even as global monthly active users declined by 5%. The key reason for this was the 17% growth in global average revenue per user from a year ago. Outside of the United States, Canada and Europe, growth in ARPU was even hotter, rising 80% year over year. If this trend sustains, Pinterest\x92s cash flows will swell. Pinterest has also been focused on making its platform shopping friendly and is offering advertisers in 34 markets a \x93creative new ad format,\x94 according to its shareholder letter . This should help bolster growth in global ARPU. On the date of publication, Faisal Humayun did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the\xa0InvestorPlace.com Publishing Guidelines . Faisal Humayun is a senior research analyst with 12 years of industry experience in the field of credit research, equity research and financial modeling. Faisal has authored over 1,500 stock specific articles with focus on the technology, energy and commodities sector. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today Early Bitcoin Millionaire Reveals His Next Big Crypto Trade \x93On Air\x94 It doesn\x92t matter if you have $500 or $5 million. Do this now. The post 7 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: 2022-10-26 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $397,848,505,325 - Hash Rate: 283822315.2658024 - Transaction Count: 306069.0 - Unique Addresses: 683262.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.33 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: New York, NY - ( NewMediaWire ) - September 8, 2022 - AscendEX , a leading global cryptocurrency exchange, is excited to announce the overhaul of its native earning platform, AscendEX Earn , including increased yields on 100+crypto assets such as BTC, ETH, USDT, and CRV. The updates are inspired by AscendEX's ongoing commitment to offering everyone, from the novice investor to the crypto veteran, the opportunity to access the power of DeFi with confidence. The new and improved interface allows users to visualize their potential returns, manage the assets in their portfolio, and explore new ways to earn using the most comprehensive portfolio management tools on the market. The user's Earn Dashboard features not only the functionality to view historical returns, but also the opportunity to project future earnings across various timeframes. For maximum transparency, AscendEX allows users to toggle between the yield-generating products available for eligible assets within their portfolio, or browse by their preferred mechanism for earning yield and then see the featured and suggested assets associated with it. Efficiency, clarity, and ease-of-use were at the forefront of these user-centered designs. AscendEX Earn's new quick trade tools allow for one-click delegation of your crypto assets. These quick trade tools make buying and earning more streamlined than ever, allowing users to instantly purchase and delegate using a credit or debit card. Additionally, the "Earn Max. Yield" feature allows users to achieve their maximum earning potential on the platform with a one-click delegation of their entire AscendEX portfolio. The new Earn Dashboard is optimized for both browsing and seamlessly comparing all earning opportunities. The section dedicated to these Earn opportunities allows users to quickly compare AscendEX's full suite of yield generating mechanisms such as staking, lending, DeFi yield farming, and promotional products, so users always know where AscendEX is holding or placing their funds. If users are interested in a particular set of assets, the "Opportunities by asset" view compares the individual assets available in Earn for generating yield and allows users the chance to create a tailored "Favorites" list of only the assets they care about. Filter 100+Earn products by risk profile, earning potential, or assets of interest to find the products that best suit your goals. Story continues Additionally, AscendEX is excited to announce as part of this launch the Earn platform's new "Passive Income" feature, which offers users the chance to put their investing on autopilot by setting their income goals, their desired timeframes, and letting AscendEX do the rest. AscendEX continues to revamp and revitalize its products to honor the commitment to its users to offer the best access to DeFi opportunities, to maintain the transparency and usability of a leading centralized exchange, and to help enable users to reach their highest peak. To read more about the offering, see AscendEX's Official Website: https://ascendex.media/3qd0567 Media Contact Brand: AscendEX Contact: Media team Email: [email protected] Website: https://ascendex.com/ PR Contact [email protected] https://finpr.agency SOURCE: AscendEX View the original release on www.newmediawire.com... - Reddit Posts (Sample): [['u/Fisobzy', '2nd wave of FOMO still upcoming', 52, '2022-10-26 00:32', 'https://www.reddit.com/r/avatartrading/comments/ydhqmw/2nd_wave_of_fomo_still_upcoming/', 'I think there will be a major second wave of FOMO, I write this because a lot of twitter NFT degens still believe this is a pump and dump scheme. They are still very fixated on legacy NFT reasoning. \n\nThey are blind to factors like the high unique holder counts which is better that 99% of legacy NFTs. \n\nThey are blind to the fact that Reddit onboarded brand new people and made them an army of avatar!/nft enthusiasts\n\nThey are blind to the fact that reddit has an ocean of users, almost as much as twitter, and this is the market Reddit has targeted.\n\nOne thing about humans is we resist change.. Same way Bitcoiners hated on Eth, same way TradFi hates Defi.. Humans resist change and have tendency to be stuck in old ways\n\n\nWhat will spark this major FOMO I am predicting? \n\nAnswer: nay sayers realising they were wrong, then panic buying starts.', 'https://www.reddit.com/r/avatartrading/comments/ydhqmw/2nd_wave_of_fomo_still_upcoming/', 'ydhqmw', [['u/mpfeif008', 20, '2022-10-26 00:44', 'https://www.reddit.com/r/avatartrading/comments/ydhqmw/2nd_wave_of_fomo_still_upcoming/its9llw/', 'Agreed influencers are filling bags first as they fud. Then they change the narrative. I was “educated” and then they support and pump. Cycle repeat… it’s how they operate', 'ydhqmw'], ['u/ebvigilante', 11, '2022-10-26 00:46', 'https://www.reddit.com/r/avatartrading/comments/ydhqmw/2nd_wave_of_fomo_still_upcoming/its9xb4/', 'I like my avatar!', 'ydhqmw'], ['u/Helloimmorgan1', 10, '2022-10-26 01:21', 'https://www.reddit.com/r/avatartrading/comments/ydhqmw/2nd_wave_of_fomo_still_upcoming/itselec/', 'Not all NFT Twitter people think this is some pump and dump scheme. Honestly if anyone is schemeing it’s the people of NFT Twitter LOL 😂 they pumped the crap out of a certain avatars cohesively but who knows… all I know is I’m super excited for all of this and I’m happy to be here', 'ydhqmw'], ['u/diarpiiiii', 13, '2022-10-26 01:59', 'https://www.reddit.com/r/avatartrading/comments/ydhqmw/2nd_wave_of_fomo_still_upcoming/itsjkkd/', 'Twitter doesn’t realize that crypto reddit has been around longer than crypto twitter', 'ydhqmw'], ['u/dopef123', 11, '2022-10-26 02:18', 'https://www.reddit.com/r/avatartrading/comments/ydhqmw/2nd_wave_of_fomo_still_upcoming/itsm5cj/', "I've bought both types of NFTs.\n\nI do prefer the reddit NFTs.\n\nIf this was released in a different way during a bull market it could be one of the biggest nft drops of all time.\n\nThis project is like the holy grail of NFTs and only a few people really get it. it might take years for things to really click but things could get really crazy.", 'ydhqmw']]], ['u/fried_caviar', "What happened to LilMajin's channel?", 30, '2022-10-26 01:25', 'https://www.reddit.com/r/Tekken/comments/ydivs3/what_happened_to_lilmajins_channel/', 'So I saw a notification on my phone that said "ARK invest - (Elon Musk) went live on YouTube, and I only get these notifications when I subscribe to people and turn on the bell icon. Since I obviously did NOT subscribe to any of these kinds of bullshit bitcoin scamming YT channels, I took a look at the channel and it had no videos at all, but had one being live-streamed with 600 people and comments were turned off. I then looked at the community tab and sure enough, it was LilMajin\'s channel that seemingly got hacked (or he sold it to this crappy company, idk) with his 191k subscribers all left to wonder what the fuck happened.\n\nNot quite sure if this should be on this subreddit, but LilMajin\'s one of my few favourite players and encouraged me to put some hard work into learning Tekken when I first saw him fucking people up in EVO 2018.\n\nI\'m not gonna provide the link to the LilMajin\'s YT channel but you can look its name up.', 'https://www.reddit.com/r/Tekken/comments/ydivs3/what_happened_to_lilmajins_channel/', 'ydivs3', [['u/Morokite', 11, '2022-10-26 01:48', 'https://www.reddit.com/r/Tekken/comments/ydivs3/what_happened_to_lilmajins_channel/itsi6bl/', 'Yeah he definitely got hacked. He confirmed it on Twitter. \n\n[https://twitter.com/Lil\\_Majin/status/1585028631268855808?s=20&t=rs298zWZOqm\\_u2te9aPpTw](https://twitter.com/Lil_Majin/status/1585028631268855808?s=20&t=rs298zWZOqm_u2te9aPpTw) \n\nHopefully he gets it back.', 'ydivs3'], ['u/cremep0ps', 14, '2022-10-26 02:04', 'https://www.reddit.com/r/Tekken/comments/ydivs3/what_happened_to_lilmajins_channel/itsk6wx/', 'What do these cryptocurrency enthusiasts even gain from hacking YouTube channels like this? It only makes them look even worse.', 'ydivs3']]], ['u/Cab000se', "We're oddly fragmented these days", 69, '2022-10-26 02:01', 'https://www.reddit.com/r/Bitcoin/comments/ydjn1v/were_oddly_fragmented_these_days/', 'I miss 2013 when bitcointalk and reddit were the place to find all the people hungry to learn as much as they could. \n\nI miss the days of 2014_16(edit: maybe even push it to 18) when bitcoin Twitter was THE place to share freely before the bots/spam/shitcoins/censorship.\n\nI miss the days of endless conversation/learning together. Now everything is so solace. \n\n:(', 'https://www.reddit.com/r/Bitcoin/comments/ydjn1v/were_oddly_fragmented_these_days/', 'ydjn1v', [['u/Cab000se', 18, '2022-10-26 02:03', 'https://www.reddit.com/r/Bitcoin/comments/ydjn1v/were_oddly_fragmented_these_days/itsk1nt/', "Maybe it's my own fault, but I feel there is no possible way I'm alone in this feeling. It's there something/where I'm missing??", 'ydjn1v'], ['u/solomonsatoshi', 10, '2022-10-26 03:03', 'https://www.reddit.com/r/Bitcoin/comments/ydjn1v/were_oddly_fragmented_these_days/itss3wk/', "What do you mean by 'so solace'?", 'ydjn1v'], ['u/Fiach_Dubh', 13, '2022-10-26 05:32', 'https://www.reddit.com/r/Bitcoin/comments/ydjn1v/were_oddly_fragmented_these_days/ittaax0/', 'ya avoid any "crypto" ones. Bitcoin only meetups can be fun though. https://bitcoin-only.com/meetups', 'ydjn1v'], ['u/metalzip', 10, '2022-10-26 05:49', 'https://www.reddit.com/r/Bitcoin/comments/ydjn1v/were_oddly_fragmented_these_days/ittc5on/', 'reddit is too censored, and full of redditors\n\noverall, you are right', 'ydjn1v'], ['u/bearCatBird', 10, '2022-10-26 06:54', 'https://www.reddit.com/r/Bitcoin/comments/ydjn1v/were_oddly_fragmented_these_days/ittimx1/', 'I think the space, the sources of information, and the bitcoiners themselves keep evolving with every cycle.\n\nWhen you first learn about bitcoin and get inspired, you absorb all the information you can find while slowly stacking sats. The ones communicating that information to you changes every few years. Currently it’s Breedlove and Saylor and others, but they are all noobies. Only been here a few years. \n\nBut a lot of bitcoiners and bitcoin communicators from 2011-2014 are rich now. And after a while, I think most just move on to other endeavors unless they are directly involved with the protocol. They never lose interest in bitcoin but that young fire matures into other things. \n\nTo me it feels like bitcoiners who believe and stack sats eventually get rich and then monitor the situation with more distance. So what you actually get is a rejuvenation of constant new users and new communicators while some oldies stick around but most rise to the next level.', 'ydjn1v']]], ['u/Flimsy_Card8028', "Bloomberg's 40,000 word essay on Bitcoin/Crypto", 24, '2022-10-26 03:34', 'https://www.reddit.com/r/Bitcoin/comments/ydlj05/bloombergs_40000_word_essay_on_bitcoincrypto/', 'Is about as neutral as it can get\n\nhttps://www.bloomberg.com/features/2022-the-crypto-story/', 'https://www.reddit.com/r/Bitcoin/comments/ydlj05/bloombergs_40000_word_essay_on_bitcoincrypto/', 'ydlj05', [['u/Cab000se', 10, '2022-10-26 07:30', 'https://www.reddit.com/r/Bitcoin/comments/ydlj05/bloombergs_40000_word_essay_on_bitcoincrypto/ittlq6z/', "Adding to the list for tomorrow. \n\nCrazy people turned off by 40k words. That's like 2 hours. Bullshit people don't waste more time on that on tiktok/garbage a day that also visit here lol.", 'ydlj05']]], ['u/El_Veethorn', 'Tired of being broke', 109, '2022-10-26 03:48', 'https://www.reddit.com/r/Bitcoin/comments/ydlta7/tired_of_being_broke/', 'My family was always poor, my parents divorced early and went seperate ways, I never got a college degree. I am a 33 year old who has had to work and pay for rent since I was 19 years. I had a breakdown at around 27 due to a bad breakup, depression, alcohol and drugs when I blew through all my savings.\n\nI got back on my feet, got some savings over these last years and I am now constantly working overtime to put some aside and studying at night in hopes of a better wage in the future. But always paying stupidly high rent that is getting higher. Now I have around 7k euros and the inflation is destroying my savings... I cant buy a house still, and my old car will die eventually. I have been reading a lot about finance and investments lately, acompanying markets, basically trying to make sense of it all. I put some money in low risk investment funds, and see where it goes, but it will never give me much.\n\n\nThen there is Bitcoin. I do not understand a lot of it, but I have been studying its history. I read somewhere, when BC was around 18k usd, this guy saying that the worst that can happen if you put 1000 dollars in BC is lose most of it, and the best case scenario is earning enough to change your life. That kinda stuck to my mind, and Ive been holding myself from putting a good chunk of my savings in BC. I mean, Im not buying me a house, travel much or get a new car as I am right now, but I can still eat and have a roof over my head without my savings. Im just scared that in the future Im gonna need the money I lost in a bad investment.\n\nI guess I iust need to hear someone say "Do it"\n\nEdit: Your replies gave me a lot to che... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 prospects for cybersecurity stocks vary greatly. During the pandemic, few companies that provided cybersecurity services supported working from home. In 2020, pandemic-related lockdowns forced these firms to enable staff to work remotely five days a week. Thus, significant investment in secure back-end technology infrastructure and networks took place. When the pandemic eased, companies wanted staff to come back to work. Thus, a new hybrid work environment has caused a massive shift in most companies’s cybersecurity needs.\nOn this environment, it’s important to consider which cybersecurity stocks are best-positioned to capitalize on this new environment. I’m going to look at mega-cap cybersecurity stocks, ranked by value and quality, as my metrics of choice.\nValue and quality scores vary among the stocks selected\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nChart courtesy of StockRover\nIn the table above, cybersecurity stocks that have scores in green have good quantitative characteristics. For example,Stockrover found thatfirms with high quality have good historical returns on invested capital.\nLooking at trends in the cybersecurity market, it’s important to favor the companies that protect customers from multiple points of entry, such as networks, cloud, and mobile environments. After gaining an understanding of these companies’ respective product offerings, as well as the potential upside based on the company’s recent quarterly results, readers can decide whether to invest. These seven cybersecurity stocks each differ, and I’ll dive into each below.\n[{"NLOK": "CHKP", "NortonLifeLock": "Check Point Software", "$22.18": "$116.49"}, {"NLOK": "FTNT", "NortonLifeLock": "Fortinet", "$22.18": "$55.49"}, {"NLOK": "QLYS", "NortonLifeLock": "Qualys", "$22.18": "$139.10"}, {"NLOK": "CYBR", "NortonLifeLock": "CyberArk Software", "$22.18": "$151.79"}, {"NLOK": "S", "NortonLifeLock": "SentinelOne", "$22.18": "$23.58"}, {"NLOK": "ZS", "NortonLifeLock": "Zscaler", "$22.18": "$151.03"}]\nSource: Ico Maker / Shutterstock\nMy top pick in this long list of cybersecurity stocks isNortonLifeLock(NASDAQ:NLOK). This major cyber player posted revenue growth of 2.5%year-over-year, bringing in $708 million this past quarter. In the company’s second quarter, it’s expected to post revenue in the range of $695 million to $705 million. One of the key catalysts I think can get the company here is its recentmergerwith Avast.\nThe U.K. Competition and Markets Authority recently approved NortonLifeLock’s acquisition of Avast. This approval paves the way for the combined firms to drive innovation in cyber safety.\nAs customers sign on to its platform, NortonLifeLock may communicate its service offering to them directly. For a few quarters, the company grew its user base for Norton 360 platform, which it sells on mobile. I think the company is likely to build on that positive momentum moving forward.\nMy key thesis with Norton is that a\xa0stronger product offering will increase customer retention. This is strategically importantbecause Chief Financial Officer Natalie Derseexpects macro-level headwinds will hurt traffic on its cyber safety website services. As the company works hard to increase visitor traffic to paying customers, profits will rise over time.\nSource: jejim / Shutterstock.com\nCheck Point Software(NASDAQ:CHKP) is the second-best cybersecurity stock on my list. That said, this isn’t a company without troubles.\nCheck Point recently reported billingsbelow consensus estimates. Chief Executive Officer Gil Shwed said that this was because Check Point closed massive deals that last year that skewed results higher. For example, it benefited from a three-year deal last year that raised its billings significantly.\nThat said, Check Point has done an excellent job of preparing\xa0for the risk that the network security business slowing down. Fortunately, customers are shifting to the cloud and still need that type of security, which Check Point provides. In addition, Check Point has many loyal customers in Europe and Asia. It should post new customer additions over time. In the U.S., the company has plenty of growth avenues to attract new customers to its platform.\nAmong the key factors I think will drive customer growth is Check Point’s appealing product mix. The company’s \xa0CloudGuard for U.S. customers has been a hit, and Harmony offers customers the highest level ofsecurity for remote workers. Once corporations install CloudGuard or Harmony, the idea is that they might come back for more. Over time, I think this should result in higher revenue growth in upcoming quarters.\nSource: Sundry Photography / Shutterstock.com\nFortinet(NASDAQ:FTNT) scored 60/100 on value and 93/100 on quality. CFO Keith Jenson said that the company faced ordercancelations in the 4% or 5% range. Fortunately, the company has a strong backlog.\nLooking ahead, CFO Jenson expects cancelation rates will fall. That’s based on the company studying the sources for its backlog. As a result, I expect cancellation rates to decline meaningfully.\nAdditionally, investors should expect shipments to strengthen in the next one or two quarters. Currently, demand is still outstripping supply, so if Fortinet’s backlog grows, this remains a positive development. I think the company has the right people in place to communicate with customers to retain their orders. Once fulfilled, Fortinent should report higher revenue from completed deals.\nFortinet’s diverse customer base is an attractive characteristic for shareholders. It has large and small business customers in its rolodex. As a result, the company has flexibility in its sales channels. For example, large enterprises may see bigger contractions in an economic slowdown. This could delay their purchasing of Fortinet’s products. However, the company may turn its attention to smaller customers during such a time.\nSource: Michael Vi / Shutterstock.com\nQualys(NASDAQ:QLYS) is next on my list, with a relatively weak value score of 66/100. The company sells cyber risk management tools such as its VulnerabilityManagement, Detection, and Response tool, which may see declines should the economic slowdown continue.\nThat said, not all is lost for Qualys shareholders. The company\xa0may counter tougher market conditions by demonstrating the value of VMDR. In the last quarter, customers in Europe expanded their licenseswith Qualys for VMDR. Many of these same customers are also adding Patch Management, and looking at the company’s Cybersecurity Asset Management product.\nQualys is helping customers realize more value in its product. Customers who run many virtual machines need cybersecurity tools to measure the risks of a cybersecurity attack. That’s where Qualys shines.\nTo enhance business growth, Qualys has formed new partnership programs and initiatives to develop its business. Unfortunately, the company did not give any details on what they are or how they are working out. Thus, I think investors should consider waiting for the company to post a stronger EBITDA margins and raising its guidance before committing to a position in QLYS stock.\nSource: photobyphm / Shutterstock.com\nCyberArk Software(NASDAQ:CYBR) scores 56/100 on value and 48/100 on quality (as shown above). This pushes CYBR stock toward the bottom of this list of cybersecurity stocks to buy. This company offers a range of identity security and access management products, which provide customers with security across various devices.\nCyberArk sells its security as a platform, which provides customers with a complete security solution. This platform includes identity management products that span a client’s workforce to its machines. The transition to a SaaS model, or software as a service, is accelerating demand for endpoint privilege management. Demand remains strong for its EPM product, which suggests that CyberArk could post good results next quarter.\nCYBR stock is priced to perfection at the moment. Thus, this stock really has no room to report weak renewal numbers or lower retention rates. Investors should watch the stock, and considering adding, should the company’s valuation improve. Expectations are that higher operating margins could be on the horizon in 2023. If these materialize, and the company’s stock price dips, I’d consider being a buyer.\nSource: Tada Images / Shutterstock.com\nSentinelOne(NYSE:S) enjoys a short sales cycle, which is reflected in the company’s high sales efficiency metrics as well as strong net retention rates. Still, after reporting a revenueincrease of 124% year-over-year, the company found a way to lose money.\nSentinelOne lost 20 cents per share on a non-GAAP basis. In the third quarter, the company will report revenue of $111 million. This is close to the $102.51 million posted in Q2. For the full year, the firm highlighted its revenue target, but did not put forward an earnings per share outlook.\nIn this severe bear market, investors are uninterested in technology firms that fail to post positive operating margins. Revenue may keep growing at impressive rates. Yet, each customer addition needs to lead to profitability.\nInvestors should worry that SentinelOne’s potential customers will cut unessential spending. While the firm will likely cut its expenses to adjust for weak market conditions, consider a stock that offers better value.\nSource: Sundry Photography / Shutterstock.com\nZscaler(NASDAQ:ZS) is last on this list of cybersecurity stocks for a reason. This is a company that’s likely to struggle to win deals as customers cut spending. The pervasive view that security and connectivity products are essential nondiscretionary budget items may not help this company in the near-term.\nThat said, the company might gain traction in the marketplace bank segment. The companyis winning large dealsfor its hyperscaler solutions. Zscaler is helping customers understand its business value during the val **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-10-27 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $395,388,696,244 - Hash Rate: 247200081.0379569 - Transaction Count: 267995.0 - Unique Addresses: 648360.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.32 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Meta Platforms Inc. has blocked thousands of “inauthentic” accounts, pages and groups from Facebook and Instagram that originated in Russia and spread propaganda about that country’s war with Ukraine. Most Read from Bloomberg Credit Suisse CEO Seeks to Calm Markets as Default Swaps Climb Gazprom Halts Gas Supplies to Italy in Latest Energy Battle Get Ready for Another Bear-Market Rally, Strategist Emanuel Says Tesla Deliveries Miss Estimates, Slowed by Logistic Snarls OPEC+ to Consider Output Cut of More Than 1 Million Barrels The network of accounts, which started in May, “criticized Ukraine and Ukrainian refugees, praised Russia and argued that Western sanctions on Russia would backfire,” the social media giant said Tuesday. The group behind the accounts created 60 websites “carefully impersonating legitimate news organizations in Europe,” Meta said. The move represents Meta’s latest attempt to beat back propaganda and misinformation on its services. The company, known as Facebook until a name change last year, has more than 3.6 billion users across its social media and messaging platforms -- a lineup that also includes WhatsApp. The Russian group blocked by Meta had spread news articles online and -- in some instances -- paid Facebook or Instagram to promote them. The company made around $105,000 in advertising revenue from the ads, executives say. That money won’t be returned, but instead be used to pay for Meta’s growing security teams. The company also removed a much smaller network of accounts originating in China. That group targeted US users, people in the Czech Republic, and some other Chinese- and French-speaking audiences. The campaign had far less scope -- fewer than 100 total accounts, pages and groups -- and persuaded fewer than 300 total users to follow them. The accounts posted content that touched on both sides of the political spectrum in the US. “This was the first Chinese network we disrupted that focused on US domestic politics ahead of the midterm elections,” the company said. Story continues As a policy, Meta blocks networks of accounts that are meant to mislead users about the true identity of the people operating them. Most Read from Bloomberg Businessweek The Unstoppable Dollar Is Wreaking Havoc Everywhere But America Jay Powell Needs Investors to Lose Money The World Sees Brazil’s Election as a Climate Flashpoint. Brazilians Have Other Concerns Twitter Is in This Mess Because Jack Dorsey Was Too Busy Being a Bitcoin Influencer Cash Retakes Its Crown as the Fed Wrestles With Inflation ©2022 Bloomberg L.P.... - Reddit Posts (Sample): [['u/JeromeGraham', "What's going on with the % reward of the last parachains?", 18, '2022-10-27 00:21', 'https://www.reddit.com/r/Polkadot/comments/yeas56/whats_going_on_with_the_reward_of_the_last/', "I have contributed to almost all parachains in DOT until a few months ago. \n\nBut whenever I check the new parachains in [https://parachains.info/auctions/polkadot](https://parachains.info/auctions/polkadot), I see the reward pool at 1,5 %, 0,1 % (wtf), 0.48 %, 0,1 %... what's going on? I mean, Moonbean gave 15 % of total tokens, Acala 17 %, Clover 20 %, some 10 % but still good projects (Efinity, Interlay).\n\nAm I missing something? I guess fewer people will contribute right now, but still, OmmiBTC is giving 20.8k tokens from 21 million, for example. Is there any point to contribute to these parachains? I have DOT in my wallet ready to contribute but with these rewards, I'd rather put into stake (although I am a firm believer on parachains, but not at any cost).\n\nCheers.", 'https://www.reddit.com/r/Polkadot/comments/yeas56/whats_going_on_with_the_reward_of_the_last/', 'yeas56', [['u/therealluqjensen', 15, '2022-10-27 09:52', 'https://www.reddit.com/r/Polkadot/comments/yeas56/whats_going_on_with_the_reward_of_the_last/ityor0c/', "The chains got greedy. They have no incentive to provide good rewards because there's no competition. Just see how few chains sign up to each auction. I'm long dot but i do have some concerns with the sustainability of the parachains auction model. I think it has to be tweaked", 'yeas56']]], ['u/kywowastaken', 'Attempted Ratter', 13, '2022-10-27 00:29', 'https://www.reddit.com/r/HypixelSkyblock/comments/yeay72/attempted_ratter/', 'Beware of a guy named "\\_Bip\\_" he\'s going around requesting for someone to test his mod for $10 BTC. Its scary how obvious his scam is. Just trying to put some awareness into the community. I wish you all the best.', 'https://www.reddit.com/r/HypixelSkyblock/comments/yeay72/attempted_ratter/', 'yeay72', [['u/MicahWasntThere', 10, '2022-10-27 00:58', 'https://www.reddit.com/r/HypixelSkyblock/comments/yeay72/attempted_ratter/itx3hak/', 'It’s like that people that go around dead ass serious saying stuff like “maxing hyperions for free! No collat /p me!', 'yeay72']]], ['u/edwinbarnesc', 'GMERICA: Whale-Financed and The Activist Investors', 4483, '2022-10-27 04:00', 'https://www.reddit.com/r/Superstonk/comments/yefhfd/gmerica_whalefinanced_and_the_activist_investors/', 'Disclaimer: "maybe we are all living in a simulation." -FCM\n\nI wasn\'t going to post this but then I noticed something come up today and thought to myself well shit, maybe it would have been less tinfoil-ish had I posted this the other day. So yeah, if you don\'t like speculation combined with possible DD then just skip this.\n\nThe post I am referring to is about the SAW game that just released on nft.gamestop.com\n\nTo give you some context, last week I started digging into BuyBuyBuyYes (still cant say cause auto-censorship), in which I made a comment then someone screenshotted it, and it found its way to the frontpage of the internet. Later in that same thread, I made this comment: [https://www.reddit.com/r/Superstonk/comments/y5c3ax/comment/isktiuo/](https://www.reddit.com/r/Superstonk/comments/y5c3ax/comment/isktiuo/)\n\nIf you noticed, someone awarded me 10x platinum which to me sounded like: "yo, diamond fingers this lead and hodl."\n\nThe day after my comment, RC tweets a photo of him and Icahn. Okay, maybe just dumb money luck or so I thought.\n\nWell, I kept digging cuz diamond fingers.\n\nShortly after, Gamestop NFT releases a collector\'s pin and in it secrets.txt is discovered, but if you look back at the other Easter egg and hidden file (yes, there was another) then you\'ll find there were clues about BuyBuyBuyYes already in there, as posted by u/Real_Eyezz:\n\n​\n\n[Oh look clues from 11 months ago, when did that sub get started? Jan 2021. Makes sense cause they began segregation & censorship around discussion of BuyBuyBuyYes ](https://preview.redd.it/cyf1ddmudwv91.jpg?width=1118&format=pjpg&auto=webp&s=0c4f4e2d888f0aa594559bc456c845e675ec6e34)\n\nAlright now that you have some background info, I am going to layout what I believe has been a series of Cohencidences and is building up a crescendo that will undoubtedly unfold in epic *fashion and fireworks.*\n\nLet\'s start from the beginning.\n\n# The Activist Investors\n\nDo you remember the sneeze of Jan 2021? Yeah, it was 84 years ago for some. Here let me just draw your attention to this by NBA Dallas Maverick owner and Shark Tank\'s Mark Cuban who as many know has been in favor of apes (even if he does not publicly declare himself an activist investor). This is what he said over a year ago, u/mcuban:\n\n​\n\n[Mark Cuban was very vocal and active in the community early 2021 \\(u lurking bro?\\)](https://preview.redd.it/p9hm7vixhwv91.jpg?width=804&format=pjpg&auto=webp&s=53a3685e562a1d2de875e0cc8317f0be0c1335ff)\n\nDO THE WORK.\n\nPOWER IN NUMBERS.\n\nWhere have I heard that before? Probably cohencidence.\n\nFact is, Mark Cuban was one of the first to come on here and help make sense of the fiasco that happened in 2021 when nobody else gave two shits about retail traders and how we all got rug pulled when they illegally removed the buy button which still to my knowledge today: NOBODY HAS GONE TO PRISON.\n\nMoving forward, what\'s the connection? You\'ll see.\n\n# Enter the O.G. Ape aka MSM-dubbed "Corporate Raider"\n\nCarl Icahn was recently tweeted in a [photo side-by-side with Ryan Cohen](https://twitter.com/ryancohen/status/1582212373985005569?s=20&t=6lhaaDczxYR8PLSEA3letQ) and this leads me to believe that they started working together or has been, although I like to think the later. But before I jump ahead, I want to share with you some background info about Carl Icahn:\n\n* Dubbed corporate raider by corporate mainstream media, but really is an activist investor since mid 1970s and known for creating the "Icahn Lift," where stock value rises when he moves-in on a company usually by proxy fighting board members to clean house\n* Since 1992, funded the construction of Icahn House, a 65-unit complex for homeless families in the Bronx, New York called [Children\'s Rescue Fund](https://childrensrescuefund.org/about-us/)\n* Inspired by his daughter that works at Humane Society, he wrote a passionate letter to the board of McDonald\'s about making changes on who they do business with regarding how they handle the treatment of pregnant sows (female pigs) - [recall that RC tweet](https://twitter.com/ryancohen/status/1509455614082273286?s=20&t=yg5ORpST9GbikuxeI6ub3w): "Children and animals must be protected at all costs"\n* Icahn has a track record of success and here\'s what he said in a [letter to shareholders of his company](https://carlicahn.com/statement-to-shareholders-of-mcdonalds-and-kroger/) on June 6, 2022:\n\n"My activist engagements have generally produced exceptional results. To elaborate, our activist activities have created close to **$1 Trillion in value for all shareholders** in the aggregate who’ve held or purchased stock when we did and sold stock when we did. **I believe our record unquestionably proves that holding CEOs and boards accountable to shareholders manifests great results.**"\n\nThis man fucks wallstreet, diamond nuts achievement unlocked.\n\nAnd $1 TRILLION dollars produced for shareholders? Diamond hands, OG ape right here.\n\nI cahn see why Ryan Cohen likes this guy, I like him too.\n\nOkay, now to explore a side-quest.\n\n# The Mondelez Spin-Off\n\nI will summarize this section and come back to it later as it relates to that other company RC recently bought in and still has his hand-picked board members and executive team operating.\n\nWhat is Mondelez? A snack company that did a [spin-off](https://www.investopedia.com/terms/s/spinoff.asp), where a company sells off a subsidiary company, is a tax-free write off to parent company, and awards free shares to shareholders of parent company. The deal involved Kraft Heinz, parent company, which spun off Mondelez to focus on the *International market* (credit u/Real_Eyezz) but more importantly the deal involved Yang Xu, global treasurer and an executive committee at Kraft Heinz, and also on the **board of Gamestop since June 2021** (credit [u/iamhighnlow](https://www.reddit.com/u/iamhighnlow/)).\n\nTalking about spin-offs, kinda reminds me of that [letter RC sent to a certain board](https://www.sec.gov/Archives/edgar/data/886158/000119380522000426/ex991to13d13351002_03072022.htm) suggesting to spin-off and sell its subsidiary BuyBuyBABY company.\n\nI wonder where he got that idea? We\'ll find out soon.\n\n​\n\n[Mondelez spin-off and Yang Xu, Gamestop board member](https://preview.redd.it/u7zeo3ak8xv91.jpg?width=1784&format=pjpg&auto=webp&s=25844d8a45a76444c17016aa577dc61aec8d9dd0)\n\nNow back to the main storyline.\n\n# Activist Investors That Go Way Back\n\nIn 2008, Carl Icahn and Mark Cuban joined forces to proxy battle and remove board members from Yahoo! Inc as detailed [here](https://www.cnet.com/culture/icahn-loads-yahoo-proxy-slate-with-mark-cuban-other-biggies/). Icahn wanted to clean house and remove all 10 board members but was only able to replace a few, needless to say, he made significant changes.\n\n(Cleaning house? Reminds me of original Gamestop board and BuyBuyBuyYes board activist takeover)\n\nAgain, in 2010, Cuban and Icahn began a [hostile takeover of Lionsgate film studios](https://deadline.com/2010/06/marc-cuban-threatening-to-back-icahn-in-hostile-lionsgate-takeover-46224/) (the company that just released **SAW game** on Gamestop NFT marketplace). Things got heated during negotiations and Mark Cuban unsatisfied with how things were going agreed to **Tender offer,** or sell his 5.3% stake of shares to Icahn already with 19% stake and with additio... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["Financial Twitter is again abuzz over rumors that PayPal, the world’s third-largest payments platform, has reinstated a controversial policy to fine its users for “misinformation.”\nThe uproar, however—which has drawn in many popular crypto influencers—appears to be over old news.\nAt issue is a passage within PayPal’s “Restricted Activities” section of itsuser agreement, which states that users who violate its Acceptable Use Policy are liable to pay a minimum of $2,500 in damages.\nThe Acceptable Use Policy includes a list of “prohibited activities,” which include transactions related to “the promotion of hate, violence, racial or other forms of intolerance that is discriminatory.”\nTwitter user Jeremy Knauffcalled attentionto the passage on Tuesday, claiming that PayPal had effectively reinstated a “misinformation” clause that attracted widespread criticism earlier this month—a clause thatPayPalretracted after saying it had been published “in error.”\n“The term ‘other forms of intolerance’ is so broad that it legally gives the company grounds to claim that anyone not fully supporting any particular position is engaging in ‘intolerance’ because the definition of the word is the unwillingness to accept views, beliefs, or behavior that differ from one’s own,” claimed Knauff in anarticleon the matter.\nHow To Buy Bitcoin With PayPal (2021 Update)\nIn reality, however, the “misinformation” clause was not reinstated, nor have any other changes been made to the policy page since PayPal’s retraction a week ago.\nAs detailed byKellyKgaon Twitter, the controversial passage that waspublishedon October 7—andremovedthe next day—sought to prevent users from using PayPal for activities that involve “the sending, posting, or publication” of content that met certain criteria.Listed among those criteria were content materials that are, according to PayPal, “harmful, obscene, harassing, or objectionable,” or which “promote misinformation,” among other things. This entire passage had been removed from the Acceptable Use Policy and is now only available throughinternet archives.\nBy contrast, the clause that Knauff and others took issue with this week isn’t a new policy at all. Both the list of prohibited activities and the associated $2,500 fine haveexistedsince September 2021.\nYet the story gets even more complicated: While Paypal’s current Acceptable Use Policy contains no mention of “misinformation,” its user agreement essentially does—and hassince at least February 12, 2022.\nPayPal Says It Is 'Exploring a Stablecoin' After Dev Discovers It in Code\nThe agreement reads that PayPal users may not “provide false, inaccurate or misleading information,” in connection with PayPal, its website, services, or “third parties.” Those who do so may see their accounts suspended, limited, or closed, and PayPal may take legal action.\nIn short, no surprise changes have been made to PayPal’s policy this week. While the company does levy punishments toward users for certain forms of “misleading statements” under its user agreement (and has for months), a $2,500 fine is not explicitly one of them.", 'Tesla (TSLA) CEO Elon Musk, the world\'s richest person, finally completed his purchase of social media platform Twitter (TWTR) on Oct. 27 in a deal that takes the company private, according to a Securities and Exchange Commission filing . Dogecoin (DOGE), a cryptocurrency that\'s become synonymous with the billionaire, rallied. Announced in April, the acquisition hit multiple roadblocks along the way, with Musk threatening to pull out because of allegations about the number of bots who use Twitter. The company at one point erected a barrier known as a poison pill to block the takeover. But earlier this month, Musk proposed moving ahead again at the original price of $44 billion, or $54.20 per share, according to a letter from Musk\'s attorneys to Twitter\'s lawyers that was also filed with the SEC. Shares of Twitter were suspended from trading after Thursday\'s close, last trading at $53.70, and they are getting removed from the S&P 500, a benchmark for the U.S. stock market. Meanwhile, DOGE surged, up 13% from 24 hours earlier as of 17:01 UTC on Friday. The billionaire has suggested using DOGE for payments on Twitter, and it\'s also become a proxy for sentiment about Musk. DOGE had rallied strongly in the lead-up to the deal\'s completion . Musk fired Twitter CEO Parag Agrawal and two other executives, according to news reports . Potential crypto plans for Twitter remain unclear. In June, Musk discussed the logic for Twitter integrating digital payments into its service, while Twitter previously added bitcoin tipping in 2021 under then-CEO Jack Dorsey and added ether wallets to the feature earlier this year. Twitter also became the first company to try out a new program from payments processor Stripe, which in April announced a feature enabling payments in USDC via Polygon. Overall, Musk\'s takeover is being touted as a win for the crypto community. "In the last few years, Elon has been very vocal about his stance on crypto and blockchain. Musk understands Web3 and understands the potential of blockchain technology which will be instrumental in propelling adoption forward," Ben Weiss, CEO of Bitcoin ATM company CoinFlip, told CoinDesk. Story continues "Decentralization is a real possibility for Twitter," Weiss also noted. "In recent years, shutdowns and bans have become more prevalent. Regardless of your stance on the matter, decentralization takes the power away from corporations and gives it back to users." UPDATE (Oct. 28, 06:05 UTC) : Changes headline; adds TWTR exclusion from S&P 500, removal of top executives. UPDATE (Oct. 28, 13:35 UTC): Updates headline and story with deal close confirmation. UPDATE (Oct. 28, 17:01 UTC): Updates DOGE price. Read more: Elon Musk Was Mulling Creating a Blockchain-Based Social Media Firm Before Offering to Buy Twitter', 'Tesla (TSLA) CEO Elon Musk, the world\'s richest person, finally completed his purchase of social media platform Twitter (TWTR) on Oct. 27 in a deal that takes the company private, according to aSecurities and Exchange Commission filing. Dogecoin (DOGE), a cryptocurrency that\'s become synonymous with the billionaire, rallied.\nAnnounced in April, the acquisition hit multiple roadblocks along the way, with Musk threatening to pull out because of allegations about the number of bots who use Twitter. The company at one pointerected a barrier known as a poison pillto block the takeover.\nBut earlier this month, Muskproposed moving ahead againat the original price of $44 billion, or $54.20 per share, according to aletter from Musk\'s attorneys to Twitter\'s lawyersthat was also filed with the SEC. Shares of Twitter were suspended from trading after Thursday\'s close, last trading at $53.70, and they are getting removed from the S&P 500, a benchmark for the U.S. stock market.\nMeanwhile, DOGE surged, up 13% from 24 hours earlier as of 17:01 UTC on Friday. The billionaire has suggested using DOGE for payments on Twitter, and it\'s also become a proxy for sentiment about Musk. DOGE had ralliedstrongly in the lead-up to the deal\'s completion.\nMusk fired Twitter CEO Parag Agrawal and two other executives, according tonews reports.\nPotential crypto plans for Twitter remain unclear. In June, Muskdiscussed the logic forTwitter integrating digital payments into its service, while Twitter previously added bitcoin tipping in 2021 under then-CEO Jack Dorsey andadded ether walletsto the feature earlier this year. Twitter also became the first company to try out a new program from payments processor Stripe, which in Aprilannounced a feature enablingpayments in USDC via Polygon.\nOverall, Musk\'s takeover is being touted as a win for the crypto community. "In the last few years, Elon has been very vocal about his stance on crypto and blockchain. Musk understands Web3 and understands the potential of blockchain technology which will be instrumental in propelling adoption forward," Ben Weiss, CEO of Bitcoin ATM company CoinFlip, told CoinDesk.\n"Decentralization is a real possibility for Twitter," Weiss also noted. "In recent years, shutdowns and bans have become more prevalent. Regardless of your stance on the matter, decentralization takes the power away from corporations and gives it back to users."\nUPDATE (Oct. 28, 06:05 UTC): Changes headline; adds TWTR exclusion from S&P 500, removal of top executives.\nUPDATE (Oct. 28, 13:35 UTC):Updates headline and story with deal close confirmation.\nUPDATE (Oct. 28, 17:01 UTC):Updates DOGE price.\nRead more:Elon Musk Was Mulling Creating a Blockchain-Based Social Media Firm Before Offering to Buy Twitter', 'Bitcoin’s recent price gains came to a halt in Friday morning trading in Asia though it remained above the US$20,000 support line. Data released on Thursday showed U.S. gross domestic product (GDP) beat expectations in Q3, a sign interest rates may continue to rise. Ether also fell, along with most other top 10 cryptocurrencies by market capitalization, excluding stablecoins. Leading memecoin Dogecoin was the only one on that list to rise, amid the pending sale of social media platform Twitter Inc., to long-time Dogecoin advocate, Elon Musk. See related article: World’s largest Bitcoin miner Core Scientific’s stock tumbles amid liquidity crisis Fast facts Bitcoin dropped 2.3% to US$20,287 in the 24 hours to 8 a.m. in Hong Kong, while Ether lost 3.3% to US$1,514, according to data from CoinMarketCap . Cardano saw the biggest decline of 3.7% among the top 10 to US$0.38, matched by Polygon that also fell 3.7% to US$0.90. Dogecoin rose 5.9% to US$0.076, though it pulled back from a peak of US$0.084 overnight, its highest since mid-August. The world’s leading memecointoken has surged 29.4% over the past seven days as Musk’s US$44 billion deal to buy Twitter nears completion. Musk Tweete d on Thursday that Twitter cannot become a “free-for-all hellscape” but 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: 2022-10-28 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $387,631,810,562 - Hash Rate: 291146762.1113715 - Transaction Count: 283035.0 - Unique Addresses: 679257.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.30 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Riot Blockchain, Inc (NASDAQ: RIOT ), a Bitcoin mining and data center hosting company broke ground with its 1-gigawatt expansion project in Corsicana, Navarro County, Texas . “This groundbreaking marks a significant step forward in demonstrating Riot’s ongoing commitment to positively impacting the rural communities that we operate in,” EVP Chad Harris said. “The development of the Corsicana Facility builds on the success of our 700-megawatt Rockdale Facility and, when complete, will bring Riot’s market-leading position to a total of 1.7 GW of developed capacity.” The first phase of the Corsicana Facility will consist of 400 megawatts, with self-mining and data center hosting operations likely to commence by the fourth quarter of 2023. The first phase of the Corsicana Facility’s development will likely create 270 jobs. The first phase of the Corsicana Facility’s development will likely consist of four 100 MW buildings utilizing immersion cooling technology similar to Riot’s Rockdale Facility. The Company anticipates that 200 MW out of the initial 400 MW will be for its self-mining business, with the balance reserved for expanding Riot’s data center hosting business with large-scale institutional clients. Sen. Elizabeth Warren and six other members of the U.S. Congress called on leaders in Texas to disclose the energy usage and environmental impact of Bitcoin mining operations in the state . Warren accused Texas of being a “deregulated safe harbor” for crypto mining firms. Price Action: RIOT shares traded lower by 2.47% at $5.73 on the last check Wednesday. See more from Benzinga Your Uber Rides May Get Intrusive With Ads, But Uber Wants To Make More Money And Subsidize Trip Costs Cognyte Stock Jumps On Divesting Assets Elon Musk Warns Russia Can Utterly Destroy US, Europe With Nuclear Missiles In Under 30 Minutes And Vice Don't miss real-time alerts on your stocks - join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better . © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. View comments... - Reddit Posts (Sample): [['u/HeartShapedSea', 'A nearly complete master list of appropriate sub names for Bartise', 801, '2022-10-28 00:13', 'https://www.reddit.com/r/LoveIsBlindOnNetflix/comments/yf52t9/a_nearly_complete_master_list_of_appropriate_sub/', "So I've spent way too much time going way back to collect all of the effing HILARIOUS names this sub has come up with for everyone's least favorite f*ckboy with some additional suggestions by me. \n\nIn no important order:\n\nBarnaby\n\nBariatric\n\nBarista \n\nBarstool\n\nBarbacoa \n\nBarbecue\n\nBacteria\n\nBautista\n\nBechamel \n\nBartholomew \n\nBeetlejuice\n\nBarnabas \n\nBaptism\n\nBratwurst\n\nBoba\n\nBombastic\n\nBob's Burgers\n\nBarrabas \n\nBaskin Robbins\n\nBatiste Dry Shampoo\n\nBarkbox \n\nBaby Shark\n\nBarfly \n\nBulbasaur\n\nSaquon Barkley\n\nBurt's Bees\n\nBabadook \n\nBarftise \n\nBunion\n\nBarbasol\n\nBoy George\n\nBerniece\n\nBarf\n\nBarbell\n\nBeefaroni\n\nBartleby \n\nBlandrew Tate\n\nBarcreep\n\nBooptie \n\nBurnstein \n\nBaroque \n\nBaraka \n\nBirkenstock\n\nBart Simpson\n\nBedsheets\n\nBaratheon \n\nBathtime \n\nBarfteeth \n\nBarqueef\n\nBasura\n\nBaconator\n\nBarnacle Boy\n\nBenito\n\nBalsamic \n\nBenghazi\n\nBoobsweat\n\nBarfarella\n\nBarfbag \n\nBaptize \n\nBarndoor\n\nBartooze \n\nBartleby \n\nBartblabla \n\nBell Pepper\n\nBat Boy\n\nBishop\n\nButthole\n\nBorneo\n\nBumblefck\n\nBidet\n\nBurger King\n\nBarfface\n\nBopeep\n\nBento Box\n\nBath Water\n\nBaguette\n\nBarrister\n\nBarricade\n\nBarcode\n\nBerserker \n\nBaklava \n\nBalaclava \n\nBrisket\n\nBartonella\n\nBenedict Cumberbatch\n\nBarbie\n\nBiohazard\n\nBumbaclot\n\nBarty Crouch\n\nBayalage \n\nBatfish\n\nPlan B\n\nBath\n\nBiscotti\n\nBalthazar \n\nBertha\n\nBasmati\n\nBeluga\n\nBartesian\n\nBarbell\n\nBarricade\n\nBop It\n\nBaby Bell Cheese\n\nBarcaLounger\n\nBiohazard\n\nBenadryl\n\nBarilla\n\nBeelzebub\n\nBartholin's Cyst\n\nBarracuda \n\nBumblebee Tuna\n\nBroketeeth\n\nBotox\n\nBarley\n\nBallbag\n\nBurpees \n\nBolognese \n\nBaggage\n\nBobby Hill\n\nDollar Tree Drake\n\nBarney\n\nFartise\n\nButthead\n\nBarouche\n\nBooptie\n\nBloopy \n\nBarftaste\n\nBaritone\n\nButtcream\n\nBeatleborg\n\nBarbosa\n\nBarbados\n\nBetty Boop\n\nBibliography \n\nBanana Peel\n\nBabka\n\nBooBoo the Fool\n\nBaby Wipes\n\nBubbles\n\nBarrister\n\nBarrier Method\n\nBartles & Jaymes\n\nBartosh\n\nBertrand\n\nBratise\n\nBaba Ghanoush\n\nBarcus \n\nBilbo Baggins\n\nBarfalamute\n\nBarfolomew \n\nBelafonte\n\nJar Jar Binks\n\nBionic Bunny\n\nBonnaroo\n\nBermuda Triangle\n\nBrazil\n\nBackcheese\n\nButhisface \n\nBarnaby\n\nBathsheeba\n\nButt Crease\n\nBtchtise\n\nBarbarian \n\nBathory\n\nBand Aid\n\nButtress \n\nBabushka\n\nBelize\n\nBattery\n\nBartrash \n\nBarrel \n\nBroccoli\n\nBurrito\n\nBeignet \n\nBatshit\n\nBarnum & Baileys\n\nBlockhead\n\nBankruptcy \n\nBarngeese \n\nBethlehem \n\nBarbarella\n\nBtchplease\n\nBarbiturate\n\nBartissimo\n\nBarnes & Nobles\n\nBasehead\n\nButtwipe\n\nBaroque\n\nBarrio\n\nBarry\n\nButterball \n\nButtermilk\n\nBrake Pad\n\nBethesda\n\nGreat Barrier Reef/Queef \n\nBotfly \n\nBartender\n\nBlooper\n\nBavaria\n\nBannister \n\nBrocade\n\nBarndoor\n\nBarquise\n\nBotulism\n\nButtload\n\nButthead\n\nBanana-Rama\n\nBaltimore\n\nBathtub\n\nBasilisk\n\nBigteeth \n\nBuffalo Wild Wings\n\nBratwurst\n\nBrooks Brothers\n\nBabyback Ribs\n\nBingo\n\nBeowulf\n\nBeehive\n\nBeethoven\n\nBeavis\n\nBookcase\n\nBedsheets\n\nBarbieDreamHouse\n\nBlast Radius\n\nBraless\n\nBagpipes \n\nBraincell \n\nBagel\n\nBrad Twitt \n\nBiglots \n\nBramble\n\nBambino\n\nBrontosaurus\n\nBroke\n\nBuzzfeed\n\nBasic\n\nBastard\n\nBuffoon\n\nBuffalo Bill\n\nBandeezy \n\nBanquet \n\nBluecheese \n\nBlistex\n\nButters\n\nBongwater\n\nBurnbag \n\nBrick\n\nBamboozle\n\nBartoid\n\nBanjo\n\nBarbara\n\nBrony \n\nBartips\n\nBismol \n\nBopsy\n\nBiopsy\n\nBorealis\n\nB@ssinet\n\nBedsores\n\nBarometer\n\nBastille\n\nBalloons\n\nBarstow\n\nBacitracin \n\nBackpack\n\nBlunderbuss\n\nBorchst\n\nBartolo \n\nBartok \n\nBartits\n\nBrady\n\nBernie\n\nBartlett\n\nBaptize\n\nBackdoor\n\nBeercheese \n\nBartender\n\nBartleboop\n\nBoretise\n\nBeatlemania\n\nBrioche\n\nBriefcase\n\nBattleship\n\nButterscotch \n\nBirdman\n\nBarnuts\n\nBarfbag \n\nBennihana \n\nBreadbox \n\nButternut Squash\n\nBlitzkrieg \n\nBelfast\n\nBrainfart\n\nBillabong\n\nBing-Bong\n\nBasilica \n\nBrangelina\n\nBarty Balboa \n\nBalenciaga\n\nBacteremia\n\nBollocks \n\nBimbo\n\nBalkans \n\nBruno\n\nBrussel Sprouts\n\nBamBam\n\nBreaker Box\n\nBicycle \n\nBarack Nobama\n\nBed, Bath, & Beyond\n\nBlippi\n\nBabushka\n\nBernice\n\nBeatrice \n\nBellatrix Lestrange\n\nBackyardigan\n\nBombalaurina\n\nBig Bird\n\nBeefcheeks\n\nBupkis\n\nShark Teeth\n\nBouillabaisse\n\nBaked Beans\n\nBow Wow Wow Yippie Oh Yippie Yay\n\nBirth Control\n\nBazinga", 'https://www.reddit.com/r/LoveIsBlindOnNetflix/comments/yf52t9/a_nearly_complete_master_list_of_appropriate_sub/', 'yf52t9', [['u/[deleted]', 32, '2022-10-28 00:22', 'https://www.reddit.com/r/LoveIsBlindOnNetflix/comments/yf52t9/a_nearly_complete_master_list_of_appropriate_sub/iu1r724/', 'u definitely broke a world record of smth here, ALL OF MY RESPECT TO YOU', 'yf52t9'], ['u/HeartShapedSea', 18, '2022-10-28 00:25', 'https://www.reddit.com/r/LoveIsBlindOnNetflix/comments/yf52t9/a_nearly_complete_master_list_of_appropriate_sub/iu1rmzs/', 'Thank you! This sub is one of my favs and these nicknames have been giving me life, lol. Everyone needs to appreciate these gems.', 'yf52t9'], ['u/hibiki_minaj', 13, '2022-10-28 01:40', 'https://www.reddit.com/r/LoveIsBlindOnNetflix/comments/yf52t9/a_nearly_complete_master_list_of_appropriate_sub/iu21bm8/', "Doing the lord's work thank you 🙏", 'yf52t9'], ['u/krybbykay', 31, '2022-10-28 01:42', 'https://www.reddit.com/r/LoveIsBlindOnNetflix/comments/yf52t9/a_nearly_complete_master_list_of_appropriate_sub/iu21m88/', 'Please add Backyardigan 🤣🤣🤣', 'yf52t9'], ['u/HeartShapedSea', 25, '2022-10-28 01:50', 'https://www.reddit.com/r/LoveIsBlindOnNetflix/comments/yf52t9/a_nearly_complete_master_list_of_appropriate_sub/iu22o2g/', 'Sup Bartise', 'yf52t9'], ['u/spicandspand', 12, '2022-10-28 01:54', 'https://www.reddit.com/r/LoveIsBlindOnNetflix/comments/yf52t9/a_nearly_complete_master_list_of_appropriate_sub/iu236vm/', 'Some of these things are actually good and don’t deserve to be associated with this ignorant buffoon', 'yf52t9'], ['u/averagejones', 11, '2022-10-28 02:33', 'https://www.reddit.com/r/LoveIsBlindOnNetflix/comments/yf52t9/a_nearly_complete_master_list_of_appropriate_sub/iu289c7/', 'Thank you OP. \n\nThank you.', 'yf52t9'], ['u/answersfromeyes', 20, '2022-10-28 02:33', 'https://www.reddit.com/r/LoveIsBlindOnNetflix/comments/yf52t9/a_nearly_complete_master_list_of_appropriate_sub/iu28bi6/', 'I lost it at Boy George wtf 😂😂😂😂', 'yf52t9'], ['u/moxieenplace', 14, '2022-10-28 03:08', 'https://www.reddit.com/r/LoveIsBlindOnNetflix/comments/yf52t9/a_nearly_complete_master_list_of_appropriate_sub/iu2ctjr/', 'Botulism and Bratwurst are my two faves for the appropriateness 🙌', 'yf52t9'], ['u/4550955', 13, '2022-10-28 03:20', 'https://www.reddit.com/r/LoveIsBlindOnNetflix/comments/yf52t9/a_nearly_complete_master_list_of_appropriate_sub/iu2egvo/', "Wild how many words start with B and absolutely relevant to his personality. Great work! Thank you. Also I'll add Bupkis for the comments.", 'yf52t9'], ['u/Courageous_Chameleon', 78, '2022-10-28 03:31', 'https://www.reddit.com/r/LoveIsBlindOnNetflix/comments/yf52t9/a_nearly_complete_master_list_of_appropriate_sub/iu2fu45/', 'Omg. Who used Plan B?! That works on so many levels.', 'yf52t9'], ['u/Lamazing1021', 22, '2022-10-28 03:31', 'https://www.reddit.com/r/LoveIsBlindOnNetflix/comments/yf52t9/a_nearly_complete_master_list_of_appropriate_sub/iu2fv02/', 'My wife and I are dying laughing at this list.. *chefs kiss*', 'yf52t9'], ['u/HeartShapedSea', 39, '2022-10-28 03:31', 'https://www.reddit.com/r/LoveIsBlindOnNetflix/comments/yf52t9/a_nearly_complete_master_list_of_appropriate_sub/iu2fwvk/', 'That was my personal contribution. 💀', 'yf52t9'], ['u/myskepticalbrowarch', 10, '2022-10-28 03:42', 'https://www.reddit.com/r/LoveIsBlindOnNetflix/comments/yf52t9/a_nearly_complete_master_list_of_appropriate_sub/iu2hc2e/', "Beef cheeks IYKYK\n\n\nIf you don't your missing out on Below Deck season 3", 'yf52t9'], ['u/Automatic-Funny-3331', 18, '2022-10-28 04:08', 'https://www.reddit.com/r/LoveIsBlindOnNetflix/comments/yf52t9/a_nearly_complete_master_list_of_appropriate_sub/iu2krqv/', "Burt's Bees is my favorite", 'yf52t9'], ['u/Two11sixty7', 10, '2022-10-28 04:26', 'https://www.reddit.com/r/LoveIsBlindOnNetflix/comments/yf52t9/a_nearly_complete_master_list_of_appropriate_sub/iu2n60o/', 'Baked beans', 'yf52t9'], ['u/Expensive-Product240', 21, '2022-10-28 04:34', 'https://www.reddit.com/r/LoveIsBlindOnNetflix/comments/yf52t9/a_nearly_complete_master_list_of_appropriate_sub/iu2o6sh/', 'Unless I missed it… didn’t see Bacteria.\n\nThis list is seriously impressive. 👏', 'yf52t9'], ['u/luckypants9', 16, '2022-10-28 04:58', 'https://www.reddit.com/r/LoveIsBlindOnNetflix/comments/yf52t9/a_nearly_complete_master_list_of_appropriate_sub/iu2r4sm/', 'Can we get Babadook added please 🤣', 'yf52t9'], ['u/tetrine', 10, '2022-10-28 05:06', 'https://www.reddit.com/r/LoveIsBlindOnNetflix/comments/yf52t9/a_nearly_complete_master_list_of_appropriate_sub/iu2s4py/', 'OP is elite.', 'yf52t9'], ['u/The-Good-Morty', 17, '2022-10-28 05:21', 'https://www.reddit.com/r/LoveIsBlindOnNetflix/comments/yf52t9/a_nearly_complete_master_list_of_appropriate_sub/iu2twxq/', 'BarfQueef is the winner', 'yf52t9'], ['u/madmelon_', 12, '2022-10-28 05:27', 'https://www.reddit.com/r/LoveIsBlindOnNetflix/comments/yf52t9/a_nearly_complete_master_list_of_appropriate_sub/iu2ukpy/', 'All this creativity yet Butthole is what got me', 'yf52t9'], ['u/redditnoobhahaha', 11, '2022-10-28 05:40', 'https://www.reddit.com/r/LoveIsBlindOnNetflix/comments/yf52t9/a_nearly_complete_master_list_of_appropriate_sub/iu2w49b/', 'Ball sack?', 'yf52t9'], ['u/TSHJB302', 1... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['In some respects, bank stocks sparked the recent market rally. These companies are the first to report earnings, with third quarter earnings reports coming at the start of October. Accordingly, largely positive results from leading U.S. lenders eased the concerns of many investors and traders, helping to improve sentiment after an abysmal September. Consequently, the S&P 500 bank index is up 9.59% for the month of October, at the time of writing. The broader S&P 500 index, that serves as a benchmark for the entire stock market, has climbed 7% higher over the last month. That’s its strongest performance since January of this year, before interest rates began rising and before Russia attacked Ukraine. With bank stocks seeming to want to continue this bounce, let’s take a look at three of the best bank stocks to buy following Q3 earnings. InvestorPlace - Stock Market News, Stock Advice & Trading Tips JPM JPMorgan Chase $125.88 WFC Wells Fargo $45.99 GS Goldman Sachs $344.51 JPMorgan Chase (JPM) A sign for JP Morgan Chase & Co (JPM). Source: Bjorn Bakstad / Shutterstock.com First on our list is one of the most highly-regarded bank stocks out there. Investors in JPMorgan Chase (NYSE: JPM ) own shares in the biggest lender in America with nearly $4 trillion of assets under management. In fact, JPMorgan is the largest bank in the world, with a market capitalization of roughly $370 billion. JPMorgan Chase was one of the first banks out of the gate with Q3 earnings , and its results did not disappoint. For the July through September period, the bank reported earnings per share of $3.12, handily beating Wall Street estimates for $2.88. Revenue in the quarter totaled $33.49 billion, beating the $32.1 billion that was expected by analysts. This top-line number represented 10% year-over-year growth. JPM earnings, which serve as a bellwether for the banking industry and economy, bolstered sentiment among investors, especially as the lender stressed that consumers and businesses appear to be holding up despite indications of a slowing economy . And while JPMorgan’s investment banking and equity trading units experienced a slowdown in Q3, the bank offset those declines with greater interest income generated from higher interest rates charged on its loans, and also through a bump in bond trading. Story continues JPM stock is currently down about 20% on the year at $126.08 per share. However, the bank’s share price has gained 19% in the past month. Wells Fargo (WFC) Wells Fargo (WFC) bank sign in yellow and red with wagon logo. The sign is flanked by tall grass Source: Ken Wolter / Shutterstock.com Another U.S. bank that issued a strong Q3 print was Wells Fargo (NYSE: WFC ). The San Francisco-based lender is the fourth-largest bank in the U.S., with $1.71 trillion of assets and a market cap of nearly $175 billion. In Q3, Wells Fargo reported much better results than had been anticipated. Earnings per share of $1.30 blew past Wall Street forecasts for $1.09, and revenue of $19.51 billion was much better than the $18.78 billion that analysts had called for from the lender. As the most mortgage-dependent of the big banks, Wells Fargo’s Q3 results were dinged by a 52% decline in its mortgage business, as activity in the housing market continues to decline. Much of this has to do with the average 30-year mortgage rate now at a 20-year high of 7%. However, Wells Fargo managed to overcome this underperformance in mortgage lending by posting a 29% increase in its commercial real estate division. Additionally, higher interest rates charged on its myriad of loans to both consumers and businesses buoyed the company’s results. Wells Fargo executives emphasized that they are experiencing historically-low loan delinquencies right now. This comes despite concerns that the U.S. economy could tip into a recession in coming months. Thus, investors have another vote of confidence when it comes to the strength of the consumer, reflected in these data. WFC stock is down 9% on the year, but its shares have rallied 14% in the last month, including a 3% uptick immediately after its Q3 numbers were made public. Goldman Sachs (GS) In this photo illustration the Goldman Sachs Group (GS) logo displayed on a smartphone screen and a stock market graph in the background Source: rafapress / Shutterstock.com Looking beyond commercial lenders to investment banks, Goldman Sachs (NYSE: GS ) is the one to buy. The New York-based company is the second-largest investment bank in the world after JPMorgan Chase’s deals unit, with annual revenue of nearly $34 billion and a market capitalization of approximately $117 billion. As is typical, Goldman’s third-quarter earnings beat Wall Street forecasts by a country mile. The financial giant reported Q3 earnings per share of $8.25.\xa0 Analysts had expected $7.69 a share, according to Refinitiv data. Revenue totaled $11.98 billion, versus $11.41 billion that was forecast. Executives at the bank attributed the strong showing to a boost in the company’s bond trading division. Goldman said its bond trading revenue growth offset much of the weakness the lender saw in other areas of its business. Notably, the company underperformed in its investment banking unit, which is focused on initial public offerings (IPOs) and mergers and acquisitions (M&A). Despite revenues which fell 57% in the bank’s investment banking segment, the company’s bond trading unit generated $3.53 billion in revenue for Goldman Sachs, a 41% increase from a year earlier. Thus, this Q3 print was the latest example of how Goldman Sachs, widely-viewed as one of the world’s most influential investment banks, manages to go from strength to strength in any operating environment. GS stock remains down 14% this year and trading at $342 per share. However, the stock has jumped 15% higher during October, following its Q3 print. Disclosure: On the date of publication, Joel Baglole 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.com Publishing Guidelines . Joel Baglole has been a business journalist for 20 years. He spent five years as a staff reporter at The Wall Street Journal, and has also written for The Washington Post and Toronto Star newspapers, as well as financial websites such as The Motley Fool and Investopedia. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” It doesn’t matter if you have $500 or $5 million. Do this now. The post The 3 Best Bank Stocks to Buy Following Q3 Earnings appeared first on InvestorPlace .', 'In some respects, bank stocks sparked the recent market rally. These companies are the first to report earnings, with third quarter earnings reports coming at the start of October. Accordingly, largely positive results from leading U.S. lenders eased the concerns of many investors and traders, helping to improve sentiment after an abysmal September.\nConsequently, theS&P 500 bank index is up 9.59%for the month of October, at the time of writing. The broaderS&P 500index, that serves as a benchmark for the entire stock market, has climbed 7% higher over the last month. That’s its strongest performance since January of this year, before interest rates began rising and before Russia attacked Ukraine.\nWith bank stocks seeming to want to continue this bounce, let’s take a look at three of the best bank stocks to buy following Q3 earnings.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\n[{"JPM": "WFC", "JPMorgan Chase": "Wells Fargo", "$125.88": "$45.99"}, {"JPM": "GS", "JPMorgan Chase": "Goldman Sachs", "$125.88": "$344.51"}]\nSource: Bjorn Bakstad / Shutterstock.com\nFirst on our list is one of the most highly-regarded bank stocks out there. Investors inJPMorgan Chase(NYSE:JPM) own shares in the biggest lender in America with nearly $4 trillion of assets under management. In fact, JPMorgan is the largest bank in the world, with a market capitalization of roughly $370 billion.\nJPMorgan Chase was one of the first banks out of the gate withQ3 earnings, and its results did not disappoint. For the July through September period, the bank reported earnings per share of $3.12, handily beating Wall Street estimates for $2.88. Revenue in the quarter totaled $33.49 billion, beating the $32.1 billion that was expected by analysts. This top-line number represented 10% year-over-year growth.\nJPM earnings, which serve as a bellwether for the banking industry and economy, bolstered sentiment among investors, especially as the lender stressed that consumers and businesses appear to be holding up despiteindications of a slowing economy. And while JPMorgan’s investment banking and equity trading units experienced a slowdown in Q3, the bank offset those declines with greater interest income generated from higher interest rates charged on its loans, and also through a bump in bond trading.\nJPM stock is currently down about 20% on the year at $126.08 per share. However, the bank’s share price has gained 19% in the past month.\nSource: Ken Wolter / Shutterstock.com\nAnother U.S. bank that issueda strong Q3 printwasWells Fargo(NYSE:WFC). The San Francisco-based lender is thefourth-largest bankin the U.S., with $1.71 trillion of assets and a market cap of nearly $175 billion. In Q3, Wells Fargo reported much better results than had been anticipated. Earnings per share of $1.30 blew past Wall Street forecasts for $1.09, and revenue of $19.51 billion was much better than the $18.78 billion that analysts had called for from the lender.\nAs the most mortgage-dependent of the big banks, Wells Fargo’s Q3 results were dinged by a 52% decline in its mortgage business, as activity in the housing market continues to decline. Much of this has to do with the average 30-year mo **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-10-29 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $396,955,504,319 - Hash Rate: 261848974.7290952 - Transaction Count: 252661.0 - Unique Addresses: 668004.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.34 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Good morning. Here’s what’s happening: Prices:Bitcoin spent much of the weekend in the red and below $19,000; other cryptos also fall. Insights:The 'most profitable' mining GPU won't offer much of a payoff; investors would do better with a bitcoin mining stock. 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): $18,870−0.5% ●Ether (ETH): $1,307−1.1% ●CoinDesk Market Index (CMI): $941−0.8% ●S&P 500 daily close: 3,693.23−1.7% ●Gold: $1,652 per troy ounce+0.4% ●Ten-year Treasury yield daily close: 3.70%−0.01 Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX); Gold is the COMEX spot price. Information about CoinDesk Indices can be found atcoindesk.com/indices. Bitcoin Sticks Near $19K as Most Cryptos Spend the Weekend in the Red By James Rubin With a couple of brief detours higher, bitcoin remained below $19,000 throughout the weekend. The largest cryptocurrency by market capitalization was recently trading at about $18,800, down slightly less than a percentage point over the past 24 hours. The decline capped a turbulent week of steep interest rate hikes by the U.S. Federal Reserve and other central banks and shrinking economic indicators that point increasingly toward recession. "Bitcoin remained under pressure due to the macro economic environment, and we maintain that below $20,000 remains a strong accumulation opportunity for mid- to long-term horizons," said Joe DiPasquale, CEO of crypto fund manager BitBull Capital. Post Merge Ether spent a similarly dreary weekend almost entirely in the red. The second largest crypto in market value was recently changing hands at about $1,300, down more than a percentage point from the previous day, same time. ETH has been trading lower over the 10 days since the Merge, the technological shift of the Ethereum blockchain to a more energy efficient, proof-of-stake protocol. Other major cryptos were largely in the red with SOL and popular memecoin DOGE each down more than 2%. TheCoinDesk Market Index, which tracks the performance of 20 major cryptocurrencies, remained largely unchanged at approximately 940. The crypto Fear & Greed Index measuring investor sentiment has inched down again from fear to extreme fear territory. Stocks Crypto price decreases dovetailed with equity markets and other assets – riskier and more safe haven – that closed down during a dismal Friday. The tech-focused Nasdaq and S&P 500, which has a strong technology component, tumbled 1.8% and 1.7%, respectively. Those indexes have plunged five of the past six weeks amid ongoing investor fears about inflation and the economy. Cryptos have largely tracked stocks this year. After chewing over the Fed's hawkish, 75 basis point rate increase and deteriorating housing numbers, markets will be scrutinizing U.S. durable goods orders for September, the U.S. Conference Board's latest consumer confidence index and August, new home sales. Economic observers widely expect durable goods orders to resemble last month's total, and a drop-off in new home sales. On Friday, the University of Michigan releases its next consumer sentiment index, which measures consumer attitudes about business conditions and personal finance, among other criteria. Meanwhile, the dollar's recent surge has suggested that cryptocurrency prices are likely to continue languishing, although CoinDesk's Lawrence Lewitinnalso notedin a Sunday column that cryptos, similar to equities, have been more nuanced in their response to events. For example, in the seven days following the release earlier this month of a disappointing Consumer Price Index, the CoinDesk Smart Contract Platform Index (SMT), which includes ETH, ADA and SOL, plunged almost 20%, while the CoinDesk Culture & Entertainment Index (CNE) – filled with NFT-related and metaverse coins like ApeCoin’s APE and The Sandbox’s SAND slipped by “only” 6.9%. (Lewitinn noted that the Smart Contract Index's fall stemmed at least partly from ether's decline following the Merge) "Crypto is still in its nascent stages compared to other asset classes," Lewitinn wrote. "It has its own idiosyncrasies and prices move for reasons other than, say, dollar strength." He added: "For traders, thinking about crypto in terms of segments means, among other things, coming up with more sophisticated ways to trade in a rising-rate environment. Despite bitcoin's fretful behavior last week, BitBull's DiPasquale noted optimistically that "the $18,000 level has continued to provide decent support." "If BTC doesn't break down in the coming days, we could see upward movement in October with $24k and $26k being initial levels to watch," he wrote. [{"Asset": "Cosmos", "Ticker": "ATOM", "Returns": "+3.7%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Chainlink", "Ticker": "LINK", "Returns": "+3.3%", "DACS Sector": "Computing"}, {"Asset": "XRP", "Ticker": "XRP", "Returns": "+1.5%", "DACS Sector": "Currency"}] [{"Asset": "Terra", "Ticker": "LUNA", "Returns": "\u22127.3%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Solana", "Ticker": "SOL", "Returns": "\u22122.8%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Dogecoin", "Ticker": "DOGE", "Returns": "\u22122.4%", "DACS Sector": "Currency"}] Mining GPUs Won't Generate Much By Sam Reynolds Ethereum’s Mergehappened 12 days ago, writing the obituary forGPU mining. Days after The Merge, one graphics card manufacturer took the coming glut of cards (which are already not that profitable to produce)to quit the businessaltogether. Despite this, there are still proof-of-work tokens on the market. These aren’t exactly blue-chip tokens on the front page of CoinGecko, but rather altcoins likeBitcoinGold,Neoxa(which has a market cap of $4 million) orCortex. But the numbers aren’t going to work for miners looking to snap up some now-plentiful, used GPUs for mining. The best case scenario, using the GeForce GTX 1060, which goes on the second-hand market for $100, sees the card’s value being recovered in mined crypto in 35 months or almost three years. And that’s based on a lot of assumptions. There’s not a rugpull with the token. The card doesn’t break down – a possibility with months of constant use – and the token’s value stays the same or increases (that’s asking a lot in the world of crypto). Absent from these assumptions are power costs. Adding them to the calculation is beyond the scope of the tool from 2cryptocalc’s abilities. But what if you wanted to mine a semi-useful token?For that, consider WhattoMine, which gives us the ability to calculate mining profitability based on hashrate and power cost. Our trusty GeForce GTX 1060 has a hashrate of23Mh/s for Etchash, the algorithm used for Ethereum Classic. Run the numbers, and it's pretty grim. Using one card, and the average cost per kilowatt hour in theU.S. of $0.17, the card makes $1.80 in profit per month. Meaning that it won’t break even for 55.5 months, or 4.62 years. If this was scaled a hundred-fold, where the hash rate was now 2300 Mh/s, 100 of these cards would generate $182.6 per month in profit. Even with ASICs, specialized silicon that’s built for mining, the math isn’t much better unless you have extreme scale. Data now shows that the most profitable ASIC miner for retail miners, the Bitmain Antminer L7,generates $8 in profit per dayas part of the Nicehash pool. It’smore profitableto just own stocks of listed mining companies. 8:30 a.m. HKT/SGT(12:30 a.m. UTC):Jibun Bank Manufacturing PMI(Sept./preliminary) 1:35 p.m. HKT/SGT(5:35 a.m.):Speech by Bank of Japan GovernorHaruhiko Kuroda 3:30 p.m. H1HKT/SGT(7:30 a.m. UTC): Speech by Luis De Guindos In case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV: Bitcoin Slips Below $19K; Coinbase Policy Chief on Crypto’s Role Ahead of Midterms With the midterm elections around the corner, Coinbase Chief Policy Officer Faryar Shirzad joined "First Mover" to discuss why the crypto exchange wants to let U.S. users track how crypto-friendly their local politicians are through its app. Mark Connors, head of research at 3IQ, joined the markets discussion. Plus, Anne Fauvre-Willis of NFT marketplace OpenSea. Troubled Data Center Compute North Struggled With Crypto Winter. Then Its Relationship With a Major Lender Soured:The company was financed by Generate Capital, which seized the data-center operator’s assets. Bitcoin Miner Iris Energy Signs $100M Equity Deal With B. Riley:B. Riley previously signed a similar deal with Core Scientific in July. Ethereum Merge Vastly Increased Stakefish’s Profile, but 25% of Its Employees Are Gone Anyway:Layoffs at stakefish took effect on the same day as the Ethereum Merge – just as they were set to play a key role in securing the revamped blockchain. Celsius Shareholders File to Stake Their Claim for Bankruptcy Payouts:A motion filed by lawyers says the Celsius bankruptcy is “all about the customers” and “without regard for the equity holders.” What Cardano’s Highly Anticipated Vasil Hard Fork Will Bring:Vasil delivers an updated version of Cardano’s smart contract scripting language: Plutus v2.... - Reddit Posts (Sample): [['u/yjw9012', 'Selling all of my company stocks to buy bitcoin - would this be too crazy?', 175, '2022-10-29 03:11', 'https://www.reddit.com/r/Bitcoin/comments/yg60to/selling_all_of_my_company_stocks_to_buy_bitcoin/', "I have some RSUs vested and also thanks to ESPP, I have about $200k worth of company stocks.\n\nNot only I doubt that my company has a bright future but also I don't want to support such a large corporation anymore.\n\nI'm thinking of selling all of them and buying bitcoin. If I do this, bitcoin will be about 30% of my entire portfolio. Then, I plan to DCA bitcoin to make it even larger in my portfolio. \nDoes this sound like a crazy idea? The only thing I'm worried about is tax situation.", 'https://www.reddit.com/r/Bitcoin/comments/yg60to/selling_all_of_my_company_stocks_to_buy_bitcoin/', 'yg60to', [['u/llewsor', 41, '2022-10-29 03:16', 'https://www.reddit.com/r/Bitcoin/comments/yg60to/selling_all_of_my_company_stocks_to_buy_bitcoin/iu71vdk/', 'whatever you do, keep your communication public in this thread. now that you revealed your budget, scammers are gonna reach out to you.', 'yg60to'], ['u/192838475647382910', 224, '2022-10-29 03:16', 'https://www.reddit.com/r/Bitcoin/comments/yg60to/selling_all_of_my_company_stocks_to_buy_bitcoin/iu71ygi/', 'The chamber of echoes approve this message……', 'yg60to'], ['u/liv2cod', 42, '2022-10-29 05:10', 'https://www.reddit.com/r/Bitcoin/comments/yg60to/selling_all_of_my_company_stocks_to_buy_bitcoin/iu7fb4p/', "In general, it's a terrible idea to keep a lot of your own company's stock as a retirement vehicle. If your company goes bust, you'll lose not only your monthly paycheck but your main investment as well.\n\nThe small company I helped start 25 years ago (and which I still own 10% of) is basically worthless. The stock will never sell for even a dollar. Just 15 years ago I still believed it was my key to a leisurely retirement. Once I figured out it would never be worth anything I had to quit the company and start over from scratch.", 'yg60to'], ['u/Goosebo', 15, '2022-10-29 08:47', 'https://www.reddit.com/r/Bitcoin/comments/yg60to/selling_all_of_my_company_stocks_to_buy_bitcoin/iu7y58f/', 'Diversify into other stocks and buy some crypto too. Asking for investment advice on a Bitcoin subreddit is a stupid idea. A lot of the people here are massively over invested in crypto. We all believe in it, but at the end of the day it’s still a risk and you need to manage your risks when considering life savings.', 'yg60to'], ['u/NYKNYb', 28, '2022-10-29 10:27', 'https://www.reddit.com/r/Bitcoin/comments/yg60to/selling_all_of_my_company_stocks_to_buy_bitcoin/iu84xrg/', "Bitcoin is a better engineering solution to a problem humanity has been having for millennia: coordinating economic efforts at scale trustlessly and being able to save the fruits of your labour.\n\nSome people here have done the work and understand this, some other don't and just meme along but it doesn't change bitcoin's properties.\n\nIn the event where your stock holdings would shield you from a dramatic collapse, you'd have the rug pulled off you by financial institutions that would save their own asses first. \n\nYou cannot custody a stock in the same way you can custody bitcoin. You will always depend on an intermediary.", 'yg60to'], ['u/aaaaaaaarrrrrgh', 13, '2022-10-29 11:04', 'https://www.reddit.com/r/Bitcoin/comments/yg60to/selling_all_of_my_company_stocks_to_buy_bitcoin/iu87elq/', 'And "keep public" means "don\'t accept \'advice\' in private", not "keep posting your personal finances on the entire Internet".', 'yg60to'], ['u/Pmmenakedbitcoin', 20, '2022-10-29 13:31', 'https://www.reddit.com/r/Bitcoin/comments/yg60to/selling_all_of_my_company_stocks_to_buy_bitcoin/iu8hxn1/', 'Regardless of bitcoin, its still best to have assets in multiple classes. bitcoin, stocks, real estate, ect.', 'yg60to'], ['u/NuKidOnThBlokchyn', 16, '2022-10-29 13:50', 'https://www.reddit.com/r/Bitcoin/comments/yg60to/selling_all_of_my_company_stocks_to_buy_bitcoin/iu8jl6b/', "You've got about 750k under management and you're asking Reddit to advise you on 30% of it?\n\nAwesome. I say yes.", 'yg60to'], ['u/NYKNYb', 20, '2022-10-29 14:03', 'https://www.reddit.com/r/Bitcoin/comments/yg60to/selling_all_of_my_company_stocks_to_buy_bitcoin/iu8kres/', "Sure I keep 25% of my wealth in ice cubes, and a other 25% in pesos kept in an Argentine bank.\n\nBitcoin is the only thing you can actually custody and that can't be taken from you. Once you realise that, diversifying is hard especially in a low trust environment which is prone to crisis and illiquidity.", 'yg60to']]], ['u/AutoModerator', '[Daily Discussion] - Saturday, October 29, 2022', 33, '2022-10-29 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/yg9cyo/daily_discussion_saturday_october_29_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/yg9cyo/daily_discussion_saturday_october_29_2022/', 'yg9cyo', [['u/autistictheory', 27, '2022-10-29 06:19', 'https://www.reddit.com/r/BitcoinMarkets/comments/yg9cyo/daily_discussion_saturday_october_29_2022/iu7ma5x/', 'This is the part right before people say "fuck, i had months to buy and I missed it... again"\n\nI notice last couple bear markets were both concluded around 1 year after the bull peak.\n\nhttps://i.imgur.com/sMJC0JJ.jpg \n\nDec 2013 Peak -> first week of Jan 2015 Bottom\n\nDec 2017 Peak -> last week of Nov 2018 Bottom\n\nNov 2021 Peak -> last week of Oct 2022 bottom??\n\nIf the same thing happens then we are passing the worst of it and we will have a new accumulation period as it consolidates in the higher ranges.\n\nThat or we will just get slapped down again, but right now I think the 1 year winter theory is pretty convincing especially with this price action this week.', 'yg9cyo'], ['u/anon-187101', 16, '2022-10-29 07:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/yg9cyo/daily_discussion_saturday_october_29_2022/iu7sj8g/', "I hope you're right, but I'm not sure how you can call this price action convincing - we are only up a little more than 8% from where we were a week ago which, for BTC, is pretty ordinary PA overall.", 'yg9cyo'], ['u/Essexal', 16, '2022-10-29 11:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/yg9cyo/daily_discussion_saturday_october_29_2022/iu89idv/', 'Short here 25x ($20922). \n\nClose below $20k.', 'yg9cyo'], ['u/dopeboyrico', 12, '2022-10-29 16:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/yg9cyo/daily_discussion_saturday_october_29_2022/iu93bpo/', 'Upper bound of the range we’ve been in since June is $25.1k. Lower bound of the range is $17.7k. Still in the range until either the upper bound or lower bound is broken. Which will break first?\n\nFed meeting is November 2 and a 75 BP rate hike is priced in. The toss up is the December meeting where it’s nearly an even split being priced in by futures between a 50 BP rate hike or a 75 BP rate hike. Powell’s comments at the press conference on Wednesday should provide further clarity on what to expect in December. Jobs reports and CPI data for October and November will also release prior to the December 14 meeting.\n\nIdk what happens next but the end of the year should be exciting, whether it ends up being to the upside or downside is the question but crab season is probably coming to an end either way.', 'yg9cyo'], ['u/BootyPoppinPanda', 11, '2022-10-29 18:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/yg9cyo/daily_discussion_saturday_october_29_2022/iu9fozb/', 'I like optimism more than pessism, and that\'s what I\'ve seen more in here recently which is nice, but I think we\'re still just good ol\' ranging. Absolutely neutral imo. Looks like Elon let the dogs out again. Let em play.\n\nWhat\'s it gonna take for you to think "we\'re back bois!?" Back into the mid-30s would do it for me as long as it wasn\'t a 2 day pump n dump.', 'yg9cyo'], ['u/gozunker', 11, '2022-10-29 18:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/yg9cyo/daily_discussion_saturday_october_29_2022/iu9j7yn/', 'Well this has been fun for a weekend, no matter how it turns out. I’m enjoying chart-checking a lot today.\n\n\nI am not sure how I feel about the 1% of my portfolio that I have in doggy coin turning green first before any of my other coins. But I guess that’s part of what keeps crypto interesting.', 'yg9cyo'], ['u/Ok_File_9520', 16, '2022-10-29 19:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/yg9cyo/daily_discussion_saturday_october_29_2022/iu9ptb9/', 'So, Elon bought twitter and the doggy coin pumped, which pumped btc, which pumped qqq, which pumped s&p?\n\nEdit: /s', 'yg9cyo'], ['u/xtal_00', 10, '2022-10-29 19:35', 'https://www.reddit.com/r/BitcoinMarkets/comments/yg9cyo/daily_discussion_saturday_october_29_2022/iu9qjgt/', 'There is a general acceptance the limit of the rate hikes is coming, and that a transition back to the money printing will be accelerated.', 'yg9cyo'], ['u/roadworn', 10, '2022-10-29 20:13', 'https://www.reddit.com/r/BitcoinMarkets/comments/yg9cyo/daily_discussion_saturday_october_29_2022/iu9vy75/', "Do you think we're really getting off this easy? Just like that, the bear market is over. Up only engaged? \n \nI certainly don't claim to have any idea except it would really surprise me if the crypto economy just turns ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['(Getty Images) “I prefer to stay out of politics." Those were Elon Musk ’s words when the tech exec was forced to respond to a claim by Texas governor Greg Abbott that he supported the state’s anti-abortion laws. If so, Mr Musk has a funny way of showing it. Over his decade-plus of public fame as the chief executive of Tesla and SpaceX , the South-African-born tycoon has attacked everyone and everything, from Donald Trump and Bernie Sanders through individual regulatory officials to Covid rules, trade unions, and "pronouns". In May, he capped off months of criticism of US president Joe Biden by revealing that in the past he had “overwhelmingly” voted for Democrats, but would now switch his support to Republicans in at least one future election. “In the past I voted Democrat, because they were (mostly) the kindness party. But they have become the party of division and hate, so I can no longer support them and will vote Republican,” he said. It came after he hammered Mr Biden’s flagship infrastructure and social spending bills last year for granting unnecessary subsidies to the electric car industry and increasing the "insane" federal budget deficit, and later called the president a “damp sock puppet in human form”. A month later he went further, revealing he had voted for a Republican candidate and suggesting he would support the GOP Florida governor, Ron DeSantis , should he run for the White House. “I voted for Mayra Flores – first time I ever voted Republican. Massive red wave in 2022,” Mr Musk tweeted . “I assume Republican for president [too]?” one Twitter user asked. “[To be determined],” Mr Musk replied. “What are you leaning towards?” he was asked in a follow-up question. “DeSantis,” Musk said. Responding later, Mr DeSantis joked about the South African-born billionaire’s comments: “I’m focused on 2022, but with Elon Musk, what I would say is I welcome support from African Americans. What can I say?” Whatever his vote, the 50-year-old’s exact politics have previously been hard to pin down. He has donated often to both Democrats and Republicans while variously declaring himself a “moderate”, a “ socialist ”, and “socially liberal and fiscally conservative”. Story continues This April, he launched an extraordinary offer to buy the entirety of Twitter for $54.20 a share (about $44 billion), arguing that the social network’s management is too left wing and that the online “public square” must be recaptured for “free speech”. In the past I voted Democrat, because they were (mostly) the kindness party. But they have become the party of division & hate, so I can no longer support them and will vote Republican. Now, watch their dirty tricks campaign against me unfold … 🍿 — Elon Musk (@elonmusk) May 18, 2022 On Tuesday 4 October, Mr Musk told Twitter he intends to follow through with his initial offer to purchase the company for $44bn. The deal is expected to close by Friday, 28 October. So what does Elon Musk really believe? And, given that he is the world’s second-richest person with an estimated net worth of $219bn (£167bn), what does that mean for the rest of us? Who has Elon Musk donated money to? Mr Musk\'s descriptions of his own politics have occasionally been confusing. The most consistent theme has been that he is "socially liberal and fiscally conservative", or even "socially very liberal". He has claimed to be registered as an independent and said: “To be clear, I am not conservative." In April he posted a stick figure cartoon on Twitter that depicted political moderates, including himself, standing still on the political spectrum while the left accelerates away into extremism, dragging the centre ground away and making moderates appear right wing by comparison. pic.twitter.com/Q9OjlJhi7f — Elon Musk (@elonmusk) April 28, 2022 In 2018, though, he described himself as “a utopian anarchist of the kind best described by Iain Banks”, referring to the late Scottish sci-fi author who wrote longingly (if sceptically) of a space-faring anarcho-socialist civilisation called the Culture, which has no money, no poverty, no wage labour, no police, no prisons, no standing army, and nearly infinite abundance of basic goods. At another point he claimed to be a “socialist”, but “not the kind that shifts resources from most productive to least productive”. He later said we should not take it too seriously. Instead, let’s put Mr Musk’s money where his mouth is and look at his political donations. According to data gathered by the non-profit lobbying watchdog Open Secrets, Elon Musk has given a total of $1.2m to politicians, parties, political action committees (PACs), and referendum campaigns since 2002. That money went almost equally to Democrats, with $542,000, and Republicans, with $574,500, with another $85,000 going to two broadly left-wing referendum campaigns in California. The balance has fluctuated over the years: in 2006, 2013 and 2017 he donated overwhelmingly to Republicans, while in 2015 he gave exclusively to Democrats. He has also given a total of $30,000 to a PAC set up by SpaceX, which donated 54 per cent of its total to Democrats and 46 per cent to Republicans. Many of the individual politicians he gave to were state legislators in California, where Tesla was formerly based, and Texas, where SpaceX has long maintained rocket testing and launch facilities. Meanwhile, SpaceX itself has spent about $9.7m on lobbyists and Tesla has spent $5.5m. The former company relies on government contracts for much of its revenue, while the latter is subject to plenty of regulation. "SpaceX\'s campaign to win political support has been systematic and sophisticated," wrote the Sunlight Foundation in 2013. The way Mr Musk explains it, these donations do not really signal much about his own personal beliefs. Instead he describes them as simply the cost of doing business in America. "In order to have your voice be heard in Washington, you have to make some little contribution," he told the Huffington Post in 2013. "But... I haven\'t found Washington to be as corrupt as a lot of people think it is, meaning it\'s not as coin-operated as some people may assume, and I\'m very actually grateful for that, because if it were we would have zero chance." ‘Socially very liberal’? Musk has sent mixed signals What about Mr Musk’s social views? He clearly has a strong libertarian streak, favouring "direct democracy" over representative democracy and proposing that future Martian colonies should allow any law to be overturned by a vote of 40 per cent of the citizens. He has also advocated releasing people imprisoned in the US for cannabis offences before the drug was legalised, and indeed partaken in it himself during an interview with podcast host Joe Rogan. Direct democracy by the people. Laws must be short, as there is trickery in length. Automatic expiration of rules to prevent death by bureaucracy. Any rule can be removed by 40% of people to overcome inertia. Freedom. — Elon Musk (@elonmusk) June 16, 2018 Selling weed literally went from major felony to essential business (open during pandemic) in much of America & yet many are still in prison. Doesn’t make sense, isn’t right. — Elon Musk (@elonmusk) June 6, 2020 Mr Musk has donated to more individual Democratic politicians than to Republicans, and often praised specific Democrats in a way he has rarely done with their opponents. Way back in 2005, he gave $10,000 to California’s Proposition 82, a proposal to increase taxes on the rich to pay for universal pre-school for four-year-olds, although it did not pass. When Donald Trump was a candidate for the Republican nomination, Mr Musk said of him: "I feel a bit stronger that he is probably not the right guy. He doesn’t seem to have the sort of character that reflects well on the United States." On the other hand, Mr Musk’s statements about social issues have rarely been as vociferous or clear as his economic views. Indeed, he has often sent contrary signals and occasionally seemed to flirt with social conservatism. Last spring, for instance, he told followers to "take the red pill", a phrase used by white supremacists and anti-feminists to describe the process of being radicalised into their worldview. At the time, he was engaged in a crusade against California’s Covid lockdown policies, which he described as "fascist". He had declared early in the pandemic that "the coronavirus panic is dumb" and that there virus would be gone from America by the end of April. That July he tweeted the statement "pronouns suck", which was interpreted by many as a dig at transgender people (since pronouns themselves are a fundamental and inescapable part of the English language). His then-girlfriend Claire Boucher, aka the electronic musician Grimes, certainly read it that way, responding: "I love you but please turn off ur phone or give me a call. I cannot support hate. Please stop this. I know this isn’t your heart." Pronouns suck — Elon Musk (@elonmusk) July 25, 2020 pic.twitter.com/qbNT1dUsED — Elon Musk (@elonmusk) December 14, 2020 In December 2020 he tweeted a meme likening cisgender people who state their pronouns on their Twitter profiles, which is a common way of expressing solidarity with trans people, to oppressive Redcoats in colonial America. He later clarified: "I absolutely support trans, but all these pronouns are an aesthetic nightmare." And in September, Texas governor Greg Abbott, to whom Mr Musk donated $10,000 in 2014, claimed in a CNBC interview: "Elon had to get out of California because in part of the social policies in California, and Elon consistently tells me that he likes the social policies in the state of Texas." Mr Musk rebuffed him, but ambiguously and mildly , with nothing like the fire and brimstone he has mustered against trade unions or tax proposals. "In general, I believe government should rarely impose its will upon the people, and, when doing so, should aspire to maximize their cumulative happiness," he sa **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-10-30 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $399,332,028,712 - Hash Rate: 247200081.0379569 - Transaction Count: 222138.0 - Unique Addresses: 594597.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.34 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Last year, the phenomenon of retail investors bidding up short-squeeze stocks or securities that featured intense bearish sentiment caught like wildfire. This year, circumstances changed dramatically. With the Federal Reserve set to raise the benchmark interest rate until inflation normalizes, the framework for highly risky ventures diminished. Still, short-squeeze stocks represent powerful forces in the equities market. Theoretically, no upside limit exists for publicly traded securities. Therefore, taking a short position against a company could backfire infinitely, so to speak. To prevent such catastrophic loss, bears caught on the wrong side of market sentiment will seek to cover their trades. Naturally, doing so creates even more bullish pressure, benefiting long-side contrarians. For this list of short-squeeze stocks, I specifically targeted companies listed in Fintel ’s Short-Squeeze Leaderboard . They all feature a high short percentage of float and a high short ratio or days to cover. In other words, it’s better to target securities where bears face both volume and time pressure. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Nevertheless, even with the best precautions, short-squeeze stocks are risky. Therefore, only participate with money you can afford to lose. DDS Dillard’s $288.41 BLNK Blink Charging $18.17 TTCF Tattooed Chef $5.33 CWH Camping World $25.74 WEBR Weber $6.22 RILY B. Riley Financial $49.26 GRPN Groupon $9.55 Dillard’s (DDS) A photo of the exterior of a Dillard's DDS store with the company logo above the entrance. Source: JHVEPhoto/ShutterStock.com Out of a list of 250 companies, department store giant Dillard’s (NYSE: DDS ) ranks as no. 81 among short-squeeze stocks. DDS features a short percentage of float of 18.2% and 12 days to cover. Typically, a short percent of float of 10% or over and days to cover of 10 or more indicate stronger-than-usual bearishness. Interestingly, Dillard’s commanded bullish sentiment earlier this year as it dominated competitors in the department store segment. On a year-to-date (YTD) basis through the Sept. 21 session, DDS gained almost 19%. Its closest rivals stand nowhere close to positive territory for the year. In addition, it’s worth pointing out that the benchmark S&P 500 index shed 21% YTD. Story continues Moving forward, the potential deflationary risk that the Fed’s hawkish monetary policy presents poses major risks for DDS stock. However, it’s also possible that certain social dynamics — such as a full return to normal — could boost sales. While a dangerously contrarian idea, it’s possible the bears could be overextending themselves, making DDS one of the short-squeeze stocks to consider. Blink Charging (BLNK) a blink charging station Source: David Tonelson/Shutterstock.com On paper and without any other (especially economic) context, Blink Charging (NASDAQ: BLNK ) shouldn’t rank among the short-squeeze stocks. However, according to Fintel , BLNK comes in at no. 199. The underlying firm — which specializes in providing electric vehicle (EV) charging infrastructure — features a short percent of float of 24%. Also, its days to cover is nine. As seemingly everyone loves saying, the future of mobility is electric. In theory, this should help BLNK. Unfortunately, the problem is that EVs present an expensive profile. According to data from Kelley Blue Book earlier this year, a new EV averages nearly $63,000 . With the median U.S. household income not far removed from this figure, not many folks can afford EVs right now. Still, looking to the future, dynamics such as economies of scale and improved efficiencies may lower EV price tags. If so, charging will be a necessity. Not every occupied housing unit features a garage or carport , facilitating a large addressable market for Blink Charging. Therefore, BLNK could be an intriguing name among short-squeeze stocks. However, much caution is needed. Tattooed Chef (TTCF) Information about a Tattooed Chef acai bowl is shown on a phone. Source: Spyro the Dragon / Shutterstock.com Specializing in the development and distribution of convenient plant-based food products, Tattooed Chef (NASDAQ: TTCF ) should resonate with the younger crowd. Unfortunately for embattled stakeholders, TTCF currently only resonates with bearish traders looking for a quick buck. According to Fintel , Tattooed Chef ranks no. 201 among short-squeeze stocks. TTCF features a short percent of float of 27.4% and 15 days to cover. This dynamic leaves little space for bears to run or jump should the negative trade go awry. Of course, for a short squeeze to materialize, Tattooed Chef must attract enough long-side traders to blow up the bears. Fundamentally, younger demographics such as millennials and Generation Z broadly care about sustainability issues. Research demonstrates that these age cohorts embrace plant-based meat products . Still, TTCF presents significant risks because only so much speculation-earmarked funds exist to go around. For the record, TTCF has plunged almost 65% so far this year. Camping World (CWH) Camping World (CWH) logo on a smartphone in front of an American flag background. Source: IgorGolovniov / Shutterstock.com Back during the initial onslaught of the coronavirus pandemic, Camping World (NYSE: CWH ) represented one of the contrarian long-side ideas, for obvious reasons. With a mysterious virus floating around, people who wanted to vacation and had the means to do so could travek safely via road trips. These days, CWH garners attention but for the opposite reason. Per Fintel , the recreational vehicles specialist ranks as no. 152 among short-squeeze stocks. CWH features a short percent of float of nearly 26% while also commanding 10 days to cover. Essentially, as society gradually became less fearful of Covid-19, the bullish case for Camping World diminished. Still, is that the end of this contrarian narrative? Flying in the new normal imposes myriad inconveniences such as cancelled flights and massive crowds. Therefore, CWH might make a comeback though you need to be careful with this thesis. Weber ( WEBR ) The New York Stock Exchange decorated for the public trading of Weber Inc., a manufacturer of grills. WBR stock Source: rblfmr / Shutterstock Specializing in outdoor grills and related cooking equipment, Weber (NYSE: WEBR ) fundamentally suffered disproportionately during the initial onset of Covid-19. With government bodies clamping down on social mobility, backyard gatherings didn’t really fly for obvious reasons. However, in theory, the relaxing of government mandates and mitigation protocols should help WEBR. For now, the underlying security makes the rounds among short-squeeze stocks. Specifically, Fintel pegs WEBR as no. 31. The company features a short percent of float of 44.7% and 12 days to cover. Nevertheless, some contrarians may be tempted to bid up WEBR, particularly because of that massive short position. From a bigger perspective, it’s possible that Weber could benefit from present troubling economic factors. With the wider economy shifting between inflationary and deflationary forces, consumers could elect to avoid pricey restaurants. In so doing, the backyard BBQ could make a comeback. Still, this is one of the riskiest ideas among short-squeeze stocks so approach carefully (if at all). B. Riley Financial (RILY) a magnifying glass enlarges the B. Riley logo on a website Source: Pavel Kapysh / Shutterstock.com Following the spring doldrums of 2020, B. Riley Financial (NASDAQ: RILY ) managed to post incredible returns, aiding its investors during a wildly bullish cycle. In addition, the company managed to underwrite several initial public offerings (IPOs) during the equally wild IPO cycle of 2021. However, with the arena for new public listings apparently dying , the bears began targeting RILY. Per Fintel ’s data, B. Riley features a short percent of float of 17.9% and 8 days to cover. Fundamentally, it’s not difficult to see why many investors now have a dim view of RILY. With the Fed pivoting the economy toward a more deflationary environment, investor sentiment slipped significantly. Yet it’s under deflation that financial services become relevant and valuable. During inflationary periods, investors must do something with their money because their purchasing power erodes. Under deflation, purchasing power increases, meaning that any investment opportunity must be extraordinarily compelling. Since B. Riley hires some of the best market experts, it should be incredibly relevant. Still, as with other short-squeeze stocks, RILY requires a cautious hand. Groupon (GRPN) a building sports a sign bearing the Groupon (GRPN) logo Source: Ken Wolter / Shutterstock.com In an earlier paradigm when social media networks weren’t as robust as they are today, Groupon (NASDAQ: GRPN ) managed to perform very well. However, as these networks improved, companies offering discounts to their customers lacked a need for middlemen entities. Sadly, this dynamic left GRPN reeling because of relevancy issues. As of this writing, Fintel ranks GRPN as one of the “top” short-squeeze stocks, no. 69 to be exact. Groupon features a short percent of float of 52.6% and nine days to cover. Inevitably, these metrics will attract at least some bold contrarians to take an opposite-side bet to blow up the bears. It could happen. However, I will urge extreme caution. Under the most optimistic of scenarios, it’s possible that financially hurting consumers will seek deals. Given that Groupon still features some brand cachet for its platform, it could help facilitate said deals. However, this is an extremely competitive arena so prospective market participants must exercise caution. On the date of publication, Josh Enomoto 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.c... - Reddit Posts (Sample): [['u/PhatPhire15MM', 'Don’t Trust; Verify', 13, '2022-10-30 00:05', 'https://www.reddit.com/r/Bitcoin/comments/ygwbnb/dont_trust_verify/', 'Everyone on here pushes for the use of hardware wallets (and rightly so). But how can one independently verify that the hardware wallets don’t contain trojans right out of the Trezor/Ledger factory. Or should we just assume that these companies wouldn’t put trojans on their devices to enable once Bitcoin is the established global store of value?', 'https://www.reddit.com/r/Bitcoin/comments/ygwbnb/dont_trust_verify/', 'ygwbnb', [['u/Leading-Fail-7263', 11, '2022-10-30 00:14', 'https://www.reddit.com/r/Bitcoin/comments/ygwbnb/dont_trust_verify/iuathla/', 'Trezor uses open source firmware, which you could check out yourself for anything you might be concerned about.\n\nBut you raise a good point.', 'ygwbnb'], ['u/solomonsatoshi', 27, '2022-10-30 00:17', 'https://www.reddit.com/r/Bitcoin/comments/ygwbnb/dont_trust_verify/iuatvdw/', "I don't push hardware wallet but I agree there's a swarm of either misguided or paid and outright dishonest touts on here who do push them vigorously.\n\nUse only Open Source software if you can.\n\nMy preference is Linux and Electrum.\n\nDon't trust; Verify.\n\nThere is no need for closed source proprietary hardware gadgets if you are seeking secure long term cold storage.", 'ygwbnb'], ['u/Mr_P_Nissaurus', 10, '2022-10-30 02:30', 'https://www.reddit.com/r/Bitcoin/comments/ygwbnb/dont_trust_verify/iubhwyp/', 'Good question. \n\nThe idea of a hardware wallet is that it never connects to the Internet. The Coldcard doesn\'t even connect to a home computer. It has no way to "phone home".\n\nThen there\'s the idea that the wallet might come with a built-in seed from the factory. - one that the factory has "on file" to use later. Coldcard lets me enter my own "entropy". That is, I rolled a 6-sided die 99 times, then entered the values into the wallet device. It gave me a 24 word seed phrase which matched the one I got from running BIP-39 on a separate computer (one which will never be connected to the Internet). \n\nhttps://github.com/bitcoin/bips/blob/master/bip-0039.mediawiki', 'ygwbnb'], ['u/MilesPower', 11, '2022-10-30 08:43', 'https://www.reddit.com/r/Bitcoin/comments/ygwbnb/dont_trust_verify/iucgvzz/', 'Because coldcard is not ledger.', 'ygwbnb']]], ['u/muybienfrutas', 'If you see a bad trend, bet against it.', 84, '2022-10-30 00:16', 'https://www.reddit.com/r/Monero/comments/ygwm1d/if_you_see_a_bad_trend_bet_against_it/', 'People do not understand financial privacy and therefore will soon have none.\n\nBitcoin has become a beta test for CBDC’s. It’s proving people will put their wealth out publicly and accept it as fashionable and normal.\n\nI continue to bet against this trend.\n\nMonero', 'https://www.reddit.com/r/Monero/comments/ygwm1d/if_you_see_a_bad_trend_bet_against_it/', 'ygwm1d', [['u/Simsao64', 18, '2022-10-30 01:12', 'https://www.reddit.com/r/Monero/comments/ygwm1d/if_you_see_a_bad_trend_bet_against_it/iub0wed/', 'True words, brother. Monero is love, Monero is Life. Burn the Bitcoins femslaves', 'ygwm1d'], ['u/haxClaw', 13, '2022-10-30 08:21', 'https://www.reddit.com/r/Monero/comments/ygwm1d/if_you_see_a_bad_trend_bet_against_it/iucfb1g/', 'You were going so well, until that last phrase.', 'ygwm1d'], ['u/POVTips', 16, '2022-10-30 10:48', 'https://www.reddit.com/r/Monero/comments/ygwm1d/if_you_see_a_bad_trend_bet_against_it/iucpkz9/', 'Bitcoin is for general public, Monero is for awakened.', 'ygwm1d']]], ['u/hifrom2', 'What would full CBTC look like on an interlined Manhattan trunk line service? (headways, reliability, etc)', 21, '2022-10-30 01:40', 'https://www.reddit.com/r/nycrail/comments/ygykmv/what_would_full_cbtc_look_like_on_an_interlined/', 'So far we only have CBTC implemented fully across the 7 and L, which don’t share track like services that run on Manhattan trunk lines do. What would improvements realistically on those interlined services look like? Would we actually see better headways and reliability for the F, B and D trains? More Q and R trains? Better reliability? By how much?', 'https://www.reddit.com/r/nycrail/comments/ygykmv/what_would_full_cbtc_look_like_on_an_interlined/', 'ygykmv', [['u/easyxtarget', 10, '2022-10-30 06:15', 'https://www.reddit.com/r/nycrail/comments/ygykmv/what_would_full_cbtc_look_like_on_an_interlined/iuc5q1f/', "I don't think there is a clear answer at this point. If you look at CBTC on the Queens Blvd Line it hasn't been an obvious success like the 7 and L but I think they are still working to improve the performance.", 'ygykmv']]], ['u/xero2709', 'Using the power of Bitcoin to overcome bad habits and stack SATs.', 26, '2022-10-30 02:47', 'https://www.reddit.com/r/Bitcoin/comments/yh1j5k/using_the_power_of_bitcoin_to_overcome_bad_habits/', "Just wondering which one of you champions have successfully used DCA to overcome bad habits like drinking and smoking using BTC DCA methods and what rules you implemented to be successful at it?\n\nI'm currently designing my own program, but thought it would be cool to get some other ideas.\n\nI'm guessing leaving DCA to autopilot probably won't be the best idea for the purpose of killing the habits? And it would be far more effective to manually transfer funds after payday if you did not smoke/drink since the last pay ? And if you did it restarts every pay cycle.", 'https://www.reddit.com/r/Bitcoin/comments/yh1j5k/using_the_power_of_bitcoin_to_overcome_bad_habits/', 'yh1j5k', [['u/UnitOfAccount', 13, '2022-10-30 03:29', 'https://www.reddit.com/r/Bitcoin/comments/yh1j5k/using_the_power_of_bitcoin_to_overcome_bad_habits/iubox9b/', 'Originally I replaced my cigarette habit with purchasing Bitcoin, but this has now spiralled into replacing paying my electricity bill, buying branded groceries, buying phone credit and pretty much any other expense I can sacrifice for more Bitcoin.\n\nThe funniest part is that I’m not even joking.', 'yh1j5k']]], ['u/gulfuroth', 'Updated List of Legendary Camos - Nov 2022 - This weekend 50% off!!', 23, '2022-10-30 02:51', 'https://www.reddit.com/r/WorldOfTanksBlitz/comments/yh1l9p/updated_list_of_legendary_camos_nov_2022_this/', '​\n\nFollowing up last year\'s post and taking advantage that legendary camos are at 50% off this Halloween week-end, I\'d like to update the full list of legendary camos for everyone\'s enjoyment.\n\nI know I\'m missing some from these past months so please fill the gaps in the comments. ==> I think list is complete now, have even included upcoming camos from WG\'s channels with version in which they will be available, e.g. **\\[9.4\\]**\n\nReference prices per tier and WG\'s camo release strategy are explained after the list. Camos with \\* are not publicly available.\n\n​\n\n**TOTAL LEGENDARY CAMO COUNT: (158 + 15 BP)**\n\n**Tier 10 - (60) - Prices: 3000/2550/1785/1275**\n\n* USA(11): M48 Pit Bull, M48 Beast, T57 Heavy Tireless, **T57 Heavy Ammoel \\[9.4\\],** T110E5 Rebel, Sheridan Sidewinder, T110E04 Combat Star, T110E03 Bulwark, M-VI-yoh Pride, T95E6 Piranha, Concept 1B Thunderbird\n* GER(13): Leopard 1 Wild, E 50 M Roaring, E50M Monster, E 100 Stalwart, E100 Jötunn\\* Maus 313, Maus Legionary, Grille 15 Troublemaker, Grille 15 RA1DER, JgPz Mighty, Vk 90.01 (P) Blade, VK72.01 Rotkopf, Kampfpanzer 50t Köning\\*\n* USSR(10): Obj 140 Terror, T-62A Fearless, T-22 Medium Uncatchable, IS-7 Battle-hardened, IS-4 Skilled, Obj 268 Chaser, Obj 263 Graywolf, Object 260 Pike, Object 907 Ruthless\\*, 100LT Interceptor\n* UK(9): Chieftain Mk. 6 Royal, FV215b 183 Hammer, Badger, Esq (Esquire), Vikers L Valiant, Super Conqueror Rex, FV215b Octopus, Octopus X\\*, FV4202 Safari, FV4005 Overkill\n* JPN(3): STB-1 Adamant, Ho-Ri Samurai, Type 71 Sankai\n* CHN(5): 121B Invincible, WZ-113 Warrior, WZ-113G FT Lucky, WZ-121 Typhoon, WZ-111 5A Serpent\n* FR(5): B-C 25t Musketeer, AMX 50 B Veteran, Foch (155) Destroyer, Amx 30B Corsica, Amx M4 54 Firebird\n* EU(5): Progetto 65 Gladiator, TPV 50/51 Instigator, Kranvagn Nord, Kranvagn Nidhögg, 60 TP Krzemień\n\n**Tier 9 -(9)**\n\n* Ger(3): Kpf Pz. 70 Cavalry, E75 Garn , **WT Auf Pz IV Darkwing \\[9.4\\]**\n* RUS (3): T-54 Threat, K-91 Burn, Obj 752 Stargazer\\*\n* FR: AMX 30 1er prot Win Peaks\n* US: T92E1 Poisson\\*\n* EU: 50TP Hussar\n\n**Tier 8 - (52)**\n\n* USA(9): T49 Hornet, T26E4 Predator, T34 Falcon, Chrysler K Tomahawk, T25 Intrepid, T26E5 Sheriff, T54E2 Shark, TS-5 Bison\\*, Scepter Impecable\\*, T77 Cannonball\n* GER(7): TigerII Savage, leKpz M41 90mm Cruel Twist, Panzer 58 Mutz, Löwe Reliant, E 75 TS Eagle Skorpion G Stinging, Raumpanzer Rhino\n* USSR(12): T-44 Exceptional, T-44-100 Hellfire, T-54 mod 1 Origin, IS-2 Sh Imperturbable,IS-3 Bear, IS-5 Guardian, IS-6 Legend, ISU-152 Hunter, ISU-152 Tundra\\*, SU-130 Scarface, STG Guard, 252U Vigilant, Obj. 274a Leshy\n* UK(6): Chieftain/T95 Heritage, Chimera Phantom, Action X Morpho, Action X Resolute, Centurion RAAC Dingo, Turtle Carapace,\n* JPN(2): STA-1 Rin, Type-57 Mechacamo\n* CHN(5): Type 59 Ding, Type 59 Quinglong?, 59-Patton Aratinga, WZ-112-2 Celestial, WZ-120-1G FT Gongbi\n* FR(6): AMX CDC Liberty, FCM 50 t Zizou, FCM 50 t Titi, FCM Twister, BTC Bourrasque Noir, Somua SM Grenadier\\*\n* EU(4): P.44 Pantera Furious, Emil 1951 Viking, Progetto Reborn, Skoda T 27 Rampant\\*, Lansen C Moose, Skoda T56 Golem\\*\n* HYB: O-47 Phoenix\n\n**Tier 7 - (22)**\n\n* USA(2): T23E3 Nomad , T28 HTC Independence, Super Hellcat "Delta Force"\\*\n* GER(6): Tiger 1 Gamescon, *Tiger 1 Baron\\*, Tiger 1 Fox\\**, E 25 "#1", Kunze Pz Daredevil, Steyr WT Snakebite\n* USSR(2): T-44-85 Bravery, IS-2 Berlin, SU-152 Taiga\\*\n* CHN(2): M41D Jade, Type 62 Dragon\n* HYB(8): Dracula Two-faced\\*, Helsing Raven\\*, Lycan Knight\\*, Predator IF, Predator DA, Vindicator IF, Vindicator DA, Pharaoh All-Seeing\\*\n* EU: Skoda T45 Skvely\n\n**Tier 6 - (8+BP)**\n\n* USA(2): M4A3E8 Shrieking, M36 Valor ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Ethereum staking appears to be the new favorite way for crypto traders to capture yield – so popular, in fact, that it’s driving the yields lower.\nThat’s a consequence of the formula used to calculate the yields under the Ethereum blockchain’s month-old “proof-of-stake” model: The staking yields are awarded in ether (ETH), the native cryptocurrency of the Ethereum blockchain. And the total amount of ether available for staking yields is divided between all the accounts that are staking. So the more ether that’s sent to the blockchain for staking, the lower the percentage that’s available for each staker.\nAccording to Coinbase Institutional,the staking yield post-Merge looks to be about 4%- 5%, well below the 9%-12% that the analysts initiallyforecast.\nOne problem for now, according to crypto analysts, is that investors can’t take immediately their ether out – so they’re stuck in the protocol even as the staking yields keep declining. The withdrawal option won’t really become available until Ethereum’snext significant upgrade, "Shanghai,” expected to occur in 2023.\n“You can only put stake in but can’t take stake out,” said Nick Hotz, vice president of research at the digital-asset management firm Arca Funds.\nSo unlike in traditional bond markets, where yields can rise or fall based on supply and demand, the Ethereum staking yield isn’t “responsive.”\n“In the future, that will be responsive, and it looks a lot more like a bond market, where there are more interest generated if there\'s more going on in the economy,” Hotz said.\nAccording to data fromDune Analytics,more than 14 million ether, worth over $2 billion, are currently being staked on the Ethereum blockchain, including a spike in deposits during the third quarter, when the shift to the proof-of-stake model took effect, known asthe Merge. That amount of ether staked is up 7.5% from the end of the second quarter.\nTheMergewas intended to make the Ethereum blockchain more energy efficient than its former “proof-of-work” model – also the same system that the Bitcoin blockchain uses.\nUnder the proof-of-stake system, the blockchain’s security – making sure transactions go through as intended and that the cryptocurrency is safe – is provided by “validators” whostaketheir ether as a sort of guarantee. Becoming a validator or staker requires at least 32 ETH (about $50,600 worth) to be locked up on the blockchain.\nBut as more stakers rush in and more ETH is deposited, the yield gets spread out more thinly.\nHotz said that Ethereum’s staking yield is typically determined by four variables: gross ETH issuance, transaction fees generated per day by Ethereum, burning rate and the amount of ETH being staked.\nThere’s a formula, in fact. The annualized staking yield is: [annual gross ETH issuance + annual fees * (1-% of fees burned)]/average ETH staked over the year.\nIn other words: The amount of ether staked is in the denominator of the fraction. So as the number gets bigger, the yield shrinks.\nAt the current level, the Ethereum staking yield is roughly on par with that of the 10-year U.S. Treasury note yield, whichtopped 4.2%this year, the highest level since 2008.\nThe takeaway is that stakers are apparently content to collect roughly the same yield by sticking their money into the Ethereum blockchain as by investing in triple-A-rated U.S. government bonds, considered among the world’s safest investments.\nThe staking growth is “a sign that traders find it a reliable alternative to the traditional markets,” Alan Goldberg, market analyst at BestBrokers,saidin a note.\n“Making a deposit for a year without access to your funds is a risky move, especially if the funds are in crypto," said Goldberg. “However, traders continue to stake ... It just proves that many traders feel secure with Ethereum.”', 'Ethereum staking appears to be the new favorite way for crypto traders to capture yield \x96 so popular, in fact, that it\x92s driving the yields lower. That\x92s a consequence of the formula used to calculate the yields under the Ethereum blockchain\x92s month-old \x93 proof-of-stake \x94 model: The staking yields are awarded in ether ( ETH ), the native cryptocurrency of the Ethereum blockchain. And the total amount of ether available for staking yields is divided between all the accounts that are staking. So the more ether that\x92s sent to the blockchain for staking, the lower the percentage that\x92s available for each staker. According to Coinbase Institutional, the staking yield post-Merge looks to be about 4%- 5%, well below the 9%-12% that the analysts initially forecast . One problem for now, according to crypto analysts, is that investors can\x92t take immediately their ether out \x96 so they\x92re stuck in the protocol even as the staking yields keep declining. The withdrawal option won\x92t really become available until Ethereum\x92s next significant upgrade , " Shanghai ,\x94 expected to occur in 2023. \x93You can only put stake in but can\x92t take stake out,\x94 said Nick Hotz, vice president of research at the digital-asset management firm Arca Funds. So unlike in traditional bond markets, where yields can rise or fall based on supply and demand, the Ethereum staking yield isn\x92t \x93responsive.\x94 \x93In the future, that will be responsive, and it looks a lot more like a bond market, where there are more interest generated if there\'s more going on in the economy,\x94 Hotz said. According to data from Dune Analytics, more than 14 million ether, worth over $2 billion, are currently being staked on the Ethereum blockchain, including a spike in deposits during the third quarter, when the shift to the proof-of-stake model took effect, known as the Merge . That amount of ether staked is up 7.5% from the end of the second quarter. Data tracker shows a spike in ETH deposits to Beacon Chain and validators during the third quarter. (Dune Analytics) The Merge was intended to make the Ethereum blockchain more energy efficient than its former \x93 proof-of-work \x94 model \x96 also the same system that the Bitcoin blockchain uses. Story continues Under the proof-of-stake system, the blockchain\x92s security \x96 making sure transactions go through as intended and that the cryptocurrency is safe \x96 is provided by \x93validators\x94 who stake their ether as a sort of guarantee. Becoming a validator or staker requires at least 32 ETH (about $50,600 worth) to be locked up on the blockchain. But as more stakers rush in and more ETH is deposited, the yield gets spread out more thinly. Hotz said that Ethereum\x92s staking yield is typically determined by four variables: gross ETH issuance, transaction fees generated per day by Ethereum, burning rate and the amount of ETH being staked. The denominator growing There\x92s a formula, in fact. The annualized staking yield is: [annual gross ETH issuance + annual fees * (1-% of fees burned)]/average ETH staked over the year. In other words: The amount of ether staked is in the denominator of the fraction. So as the number gets bigger, the yield shrinks. At the current level, the Ethereum staking yield is roughly on par with that of the 10-year U.S. Treasury note yield, which topped 4.2% this year, the highest level since 2008. The takeaway is that stakers are apparently content to collect roughly the same yield by sticking their money into the Ethereum blockchain as by investing in triple-A-rated U.S. government bonds, considered among the world\x92s safest investments. The staking growth is \x93a sign that traders find it a reliable alternative to the traditional markets,\x94 Alan Goldberg, market analyst at BestBrokers, said in a note. \x93Making a deposit for a year without access to your funds is a risky move, especially if the funds are in crypto," said Goldberg. \x93However, traders continue to stake ... It just proves that many traders feel secure with Ethereum.\x94', "Ethereumco-founder Vitalik Buterin weighed in Sunday on the regulatory debate surrounding crypto, providing his thoughts on what industry rules should—and should not—include.\nRegulation could make crypto more palatable to mainstream financial institutions and legitimize cryptocurrencies as an asset class. But new rules and policies could also alter the industry’s DNA, particularly as it relates to principles like censorship resistance and decentralization.\nButerin said he believes preserving the latter should be the priority.\n“I don't think we should be enthusiastically pursuing large institutional capital at full speed,” he said. “Regulation that leaves the crypto space free to act internally but makes it harder for crypto projects to reach the mainstream is much less bad than regulation that intrudes on how crypto works internally.”\nCrypto Regulatory Ecosystem Is ‘Balanced on a Knife’s Edge’: Sam Bankman-Fried\nButerin’s Twitter thread comes ten days after a controversial blog post by Sam Bankman-Fried, the founder and chief executive of cryptocurrency exchange FTX, in which heoutlined his regulatory visionfor the industry.\nBankman-Fried subsequently capitulated to Crypto Twitter afterreceiving pushback on potential rulesrelated to DeFi, such as requiring autonomous programs to comply with U.S. sanctions and making crypto websites register as a broker-dealer. He revised the post and said he will continue to do so.\nRegulatory uncertainty is seen as a barrier to institutional crypto investing, according to a new Fidelity Investments survey.TheInstitutional Investor Digital Assets Studyfound that out of more than 1,000 institutional investors, 16% said a lack of clarity around regulation was an obstacle to investing in digital assets.\nInstitutions Are Still Bullish on Crypto: Fidelity Survey\nOn the other hand, more than 8 in 10 (81%) of the institutional investors surveyed view digital assets as having a role in investment portfolios. In addition, 43% of institutional investors said they would be interested in a Bitcoin ETF.\nSegments 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: 2022-10-31 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $396,296,066,169 - Hash Rate: 316782326.0708633 - Transaction Count: 284125.0 - Unique Addresses: 667561.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.31 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: It’s been tough lately for Chinese electric vehicle stocks, including for Li Auto (NASDAQ: LI ) stock. Besides the fact that overall market sentiment has turned negative in recent months, investors have really soured on Chinese EV companies particularly. This is due to the many challenges currently playing out in what is the world’s largest EV market. Yet despite the many near-term headwinds, long-term prospects remain bright for the Chinese EV industry. This may warrant going against the grain and loading up on high-quality, attractively-priced names in this industry, ahead of an eventual recovery. There are many Chinese EV manufacturers with U.S. stock market listings, but Li Auto may be the only one that offers the winning combination of strong growth potential and a low valuation. InvestorPlace - Stock Market News, Stock Advice & Trading Tips These two factors give it the strongest upside potential, which helps to outweigh the high risk that comes with investing in this space. LI Li Auto $20.84 Macro Uncertainties and Li Stock Opportunities Just like the U.S. economy, the Chinese economy is also experiencing many headwinds. China is currently experiencing a sharp slowdown in economic growth . As I mentioned in my last article on LI stock, China is also facing other challenges, like continued Covid-19 lockdowns, as well as rising tensions with the U.S. government . The Covid-19 lockdowns in particular have worsened supply chain bottlenecks, limiting EV production. Last month, Li Auto lowered its third-quarter delivery outlook , citing this factor. Due to these macro uncertainties, Li Auto shares have tumbled in recent months. Since hitting prices nearing $41.50 per share in June, the stock is down more than 42%. Admittedly, this isn’t the most dramatic drop among Chinese EV stocks. Shares in XPeng (NYSE: XPEV ), one of Li’s peers, have lost more than two-thirds of their value during this timeframe. Early-stage Chinese EV plays have experienced even sharper declines. For instance, Zhejiang Leapmotor Technology , which went public late last month on the Hong Kong Stock Exchange , fell 33.5% on its first day of trading. Yet while LI hasn’t experienced the most dramatic tumble, this pullback has made it a more compelling buy compared to its peers. Story continues Li Auto vs. Other Major EV Stocks With China EV stocks overall out of favor, you may be wondering why LI stock in particular is the better buy for bottom-fishers. In terms of valuation, Li Auto is technically not the cheapest. Using the forward enterprise value to sales (or EV/Sales) metric, XPEV trades at a far lower valuation (1.3 times forward sales) than LI (2.65). However, as I put it late last month, XPeng’s deliveries and financials have been problematic . This justifies a lower valuation. In contrast, Li has been resilient despite the challenges. The company’s September deliveries were up 62.5% year-over-year. Recent developments, like the earlier-than-expected launch of its Li L8 six-seat electric SUV, point to similarly-solid delivery numbers in the months ahead. Yes, many analysts and investors believe Nio (NYSE: NIO ) will also report strong deliveries this quarter. Yet NIO, despite trading at a valuation premium (EV/Sales ratio of 3.04), reported tepid year-over-year deliveries growth last month ( 2.35% ). Furthermore, as seen from analyst earnings forecasts, LI is expected to report positive earnings per share (or EPS) in 2022 and 2023. NIO, on the other hand, is expected to report negative EPS this year and the next. The Verdict on LI Stock Compared to its most widely-known peers, this Chinese EV stock stands out. Xpeng trades at a lower valuation but has more uncertain prospects. There’s a lot of buzz around Nio, yet this excitement has resulted in a higher valuation, despite less impressive delivery numbers, and a long road to profitability. Put simply, Li Auto offers growth potential at a favorable price. Even if macro challenges in China continue between now and the end of 2022, the company could continue to report delivery numbers that are impressive in light of the headwinds. Once macro challenges resolve and a shift in market sentiment results in renewed appreciation of its long-term growth prospects, LI stock could rebound. If you’re bullish on EV proliferation in China, buying this stock is arguably the best way to play this trend. LI stock earns a B rating in Portfolio Grader . 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. Thomas Niel, contributor for InvestorPlace.com, has been writing single-stock analysis for web-based publications since 2016. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” It doesn’t matter if you have $500 or $5 million. Do this now. The post Why LI Stock Is the Standout Among Chinese EV Plays appeared first on InvestorPlace .... - Reddit Posts (Sample): [['u/Fresh-Chemical-9084', '14th anniversary of Bitcoin’s white paper release', 170, '2022-10-31 01:40', 'https://www.reddit.com/r/CryptoCurrency/comments/yhvr7l/14th_anniversary_of_bitcoins_white_paper_release/', 'October 31st marks the 14th anniversary of bitcoin’s white paper release. A user by the name Satoshi Nakamoto released the white paper in an email via hyperlink (which still can be accessed today). \n\nRegardless of what currencies we are all invested in, bitcoin in some way or another brought us all here. \n\nThe white paper proposed a system that would replace central authorities like financial institutions or banks to facilitate financial transactions:\n\n(Quoting the white paper) “What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third-party.”\n\nBitcoin brought along with it many different types of individuals. The motives of those individuals seem to be one of three: those seeking new technological development, those seeking wealth, or those seeking dethronement of the current financial system (feel free to comment if you have another motive, I very well may have forgotten some). What really intrigues me is whenever I meet people at conventions or wherever who know about crypto, we instantly have a sense of camaraderie! And we all come from very different backgrounds. \n\nI just want to celebrate this momentous day because bitcoin’s influence is being felt across the globe!\n\nHere’s to another 14 years of growth for crypto! \n\nDisclaimer: I am not a Bitcoin maxi, I just love history and this is one of the most historic occasions in crypto, regardless of what bags you’re holding.', 'https://www.reddit.com/r/CryptoCurrency/comments/yhvr7l/14th_anniversary_of_bitcoins_white_paper_release/', 'yhvr7l', [['u/Bucksaway03', 24, '2022-10-31 01:41', 'https://www.reddit.com/r/CryptoCurrency/comments/yhvr7l/14th_anniversary_of_bitcoins_white_paper_release/iufx4gg/', 'And 13 years ago I told myself BTC would never be worth anything and ignored it until it hit 88k AUD.\n\nWhat a clown 🤡', 'yhvr7l']]], ['u/KURTBOURDAIN', 'Warning! Avoid business with Wattum Management', 58, '2022-10-31 03:09', 'https://www.reddit.com/r/BitcoinMining/comments/yhxvp8/warning_avoid_business_with_wattum_management/', "Without getting into the fine details, I felt I needed to warn others of the potential issues that could arise when doing business with Wattum.\n\nEarlier this year, I entered a purchase and hosting agreement with Wattum. The total hardware purchased was approximately $95,000 with an expected launch in early July 2022.\n\nFollowing several hosting delays, both parties decided to terminate the hosting agreement in late August 2022 with the expectation that they'd send me my purchased hardware.\n\nUnfortunately, when it came time to ship my miners, Wattum didn't actually have my hardware. I informed them this was a breach of the original purchase contract, which specifies that the miners purchased at the time of the agreement were within Wattum's possession and control - which was clearly not the case. I then promptly asked for a refund.\n\nNow for the past two months, Wattum has repeatedly asked me to accept alternative equipment. They typically either email or text me a new offer every 2-3 weeks, then ghost me every time I ask for a refund. They are essentially holding my money hostage until I accept a new deal. Money which they were never entitled to in the first place.\n\nI am definitely not the first person this has happened to with this company ([https://www.reddit.com/r/Bitcoin/comments/tq9wup/buyers\\_beware\\_of\\_wattum\\_management\\_inc/](https://www.reddit.com/r/Bitcoin/comments/tq9wup/buyers_beware_of_wattum_management_inc/)) but hopefully I will be one of the last.\n\nI have filed wire fraud charges with my bank and am in the process of ironing out details with a Lawyer. Next steps are filing a police report, FTC complaint, and potentially FBI complaint.\n\nI will continue to update this thread and pursue all legal means as necessary until I receive my money back from Wattum.", 'https://www.reddit.com/r/BitcoinMining/comments/yhxvp8/warning_avoid_business_with_wattum_management/', 'yhxvp8', [['u/IgnitionMining', 11, '2022-10-31 03:32', 'https://www.reddit.com/r/BitcoinMining/comments/yhxvp8/warning_avoid_business_with_wattum_management/iugb9ju/', 'Sometimes i don’t understand really. Build a hosting facility, sell it, plug them in. How could it possibly go wrong?', 'yhxvp8']]], ['u/xs0crates', 'You Will Never Become a Crypto Millionaire', 1704, '2022-10-31 04:03', 'https://www.reddit.com/r/CryptoCurrency/comments/yhyzvn/you_will_never_become_a_crypto_millionaire/', 'Once you realize this, are you still gonna keep investing because you believe in the tech? Or will you just go up and leave because some tiktoker lied to you and said "invest in ****coin and you will become a millionaire!!!"\n\nI\'ve been around the game for a while. \nI remember investing in USI Tech and Hashflare thinking "This is it!". \n\nWas it? No.\n\nThen i invested in Chain-Group Escrow and 1stBlood thinking that "this time its gonna pop off!!"\n\nDid it? Nope, exitscammed and crashed.\n\nThen I bought a trading bot (ProfitTrailer) and told myself that I was gonna become a day trader, and THAT\'S how I was gonna make my millions!\n\nDid i succeed? I lost everything within a month.\n\nEverything crashed, bitcoin was doomed, and i left the crypto-world sad and betrayed.\nBitcoin was never going to succeed, what even is this tech? Who is actually gonna use it?\n\nThis was 5 years ago (Bull run of 2017/18).\n\nIt wasn\'t until I had lost everything, that I thought clearly and started to actually take a look in the mirror and take accountability for my misstakes.\n\nDon\'t be blinded by all the profits, because if you do - you will never have it. You will still be the same emmotionally fragile paper handed bitch that you\'ve always been. Stop reacting to the slightest change, and take a second to think.\n\nDo your own research, read the whitepapers, look up the devs, make your own decisions and stop trying to take the easy road by being spoonfed (most likely false) information by someone else.\n\nWhen you make a misstake and get burned, learn from it. Don\'t push it under the rug and hope it doesnt happen again, because it will. Over and over, until you learn your lesson.\n\nIt\'s hard, it really is.\nMost people don\'t want to take the hard road, but if you do, you will get your reward eventually.\n\nHang in there, and good luck.', 'https://www.reddit.com/r/CryptoCurrency/comments/yhyzvn/you_will_never_become_a_crypto_millionaire/', 'yhyzvn', [['u/GibsonJ45', 14, '2022-10-31 04:07', 'https://www.reddit.com/r/CryptoCurrency/comments/yhyzvn/you_will_never_become_a_crypto_millionaire/iugfl9h/', 'Some folks reading this have already become one, some will become one in the future. Some will hold Doge for years until they die a cold death on Mars.', 'yhyzvn'], ['u/Yogi_Kat', 194, '2022-10-31 04:07', 'https://www.reddit.com/r/CryptoCurrency/comments/yhyzvn/you_will_never_become_a_crypto_millionaire/iugflfd/', 'OP bought a bunch of shitcoins during the last bull run and is now mad at everyone', 'yhyzvn'], ['u/na3than', 125, '2022-10-31 04:08', 'https://www.reddit.com/r/CryptoCurrency/comments/yhyzvn/you_will_never_become_a_crypto_millionaire/iugfmp0/', 'Speak for yourself.', 'yhyzvn'], ['u/Bucksaway03', 14, '2022-10-31 04:09', 'https://www.reddit.com/r/CryptoCurrency/comments/yhyzvn/you_will_never_become_a_crypto_millionaire/iugfqy9/', "You won't become a crypto millionaire with that attitude.", 'yhyzvn'], ['u/StiltonG', 16, '2022-10-31 04:10', 'https://www.reddit.com/r/CryptoCurrency/comments/yhyzvn/you_will_never_become_a_crypto_millionaire/iugfvnd/', '>Speak for yourself.\n\n\\+1. Came here to say this....', 'yhyzvn'], ['u/gnarley_quinn', 616, '2022-10-31 04:13', 'https://www.reddit.com/r/CryptoCurrency/comments/yhyzvn/you_will_never_become_a_crypto_millionaire/iugg7tk/', 'At no point in your post did you mention buying Bitcoin. \n\nI may have found the issue.', 'yhyzvn'], ['u/Bucksaway03', 276, '2022-10-31 04:14', 'https://www.reddit.com/r/CryptoCurrency/comments/yhyzvn/you_will_never_become_a_crypto_millionaire/iuggd65/', "Or anything that doesn't sound dodgy as fuck\n\nGuys chasing multiple x1000 moonshots instead of solid projects", 'yhyzvn'], ['u/Bravisimo', 17, '2022-10-31 04:14', 'https://www.reddit.com/r/CryptoCurrency/comments/yhyzvn/you_will_never_become_a_crypto_millionaire/iuggeip/', 'Yeah? Well, you know, thats just like uh, your opinion man.', 'yhyzvn'], ['u/gnarley_quinn', 32, '2022-10-31 04:15', 'https://www.reddit.com/r/CryptoCurrency/comments/yhyzvn/you_will_never_become_a_crypto_millionaire/iuggf6c/', 'No mention in the post of buying Bitcoin at any point.', 'yhyzvn'], ['u/pbjclimbing', 60, '2022-10-31 04:15', 'https://www.reddit.com/r/CryptoCurrency/comments/yhyzvn/you_will_never_become_a_crypto_millionaire/iugghmr/', 'If I invest $10,000,000, I think I have the skills to become a crypto millionaire', 'yhyzvn'], ['u/TOXICCARBY', 131, '2022-10-31 04:16', 'https://www.reddit.com/r/CryptoCurrency/comments/yhyzvn/you_will_never_become_a_crypto_millionaire/iugglvh/', 'You’re just salty you didn’t have diamond hands to buy and HODL instead of trying to get rich quick', 'yhyzvn'], ['u/Bucksaway03', 49, '2022-10-31 04:17', 'https://www.reddit.com/r/CryptoCurrency/comments/yhyzvn/you_will_never_become_a_crypto_millionaire/iuggopb/', 'Guys salty af so everyone else must be the same.', 'yhyzvn'], ['u/th9ink', 17, '2022-10-31 04:18', 'https://www.reddit.com/r/CryptoCurrency/comments/yhyzvn/you_will_never_become_a_crypto_millionaire/iuggrgj/', 'I lost everything yesterday. My lesson: Never all in.', 'yhyzvn'], ['u/16vJamie', 11, '2022-10-31 04:18', 'https://www.reddit.com/r/CryptoCurre... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening:\nPrices:Dogecoin continued to climb even as bitcoin and ether spent the day in the red.\nInsights:The chairman of Hong Kong\'s FinTech Association praises the government\'s new crypto policy statement.\nCoinDesk Market Index (CMI)\n1,026.52−4.20.4\nBitcoin (BTC)\n$20,478−169.30.8\nEthereum (ETH)\n$1,573−21.31.3\nS&P 500 daily close\n3,871.98−29.10.7\nGold\n$1,635−4.40.3\nTreasury Yield 10 Years\n4.080.1\nBTC/ETH prices perCoinDesk Indices; gold is COMEX spot price. Prices as of about 4 p.m. ET\nDOGE Continues Its Late October Surge\nBy James Rubin\nThe DOGE days of October continued as the popular meme coin outshone bitcoin, ether and a number of other major cryptocurrencies in Monday trading.\nDogecoinwas recently up more than 1% over the past 24 hours to continue its late-month surge, and was recently trading at about 12 cents. DOGE, which was created to mock the speculative nature of cryptocurrencies, spiked late last week as billionaire entrepreneur and DOGE advocate Elon Musk neared the completion of his $44 billion purchase of Twitter. Over the past four days Musk has asserted his control over the social media platform. On Monday, he ousted Twitter’s nine-person board.\nAs CoinDesk analyst Glenn Williamswrote, DOGE’s price fluctuations seem to stem from the power of Musk’s personality and a passionate dogecoin community than the macroeconomic indicators that have been influencing bitcoin, ether and other cryptos over the past 12 months. DOGE’s rise may correlate with excessive liquidations and a likely short squeeze, and the token may offer a shorting opportunity, Williams wrote.\nBitcoin (BTC)spent Monday in the red and was recently down about 0.8% from Sunday, same time, although the largest cryptocurrency by market value remained comfortably over the $20,000 perch it assumed last week. Ether was down similarly over the same period and was changing hands above the $1,500 level that the second-largest crypto assumed a week ago.\n"Some traders are growing confident that a bottom is in place, options market activity is showing the need for downside protection is easing," said Edward Moya, senior market analyst for foreign exchange market maker Oanda. "This will be a pivotal last two months of the year that should trigger a move outside of the $17,500 and $25,000 trading range."\nThe CoinDesk Market Index (CMI), a broad-based market index that measures the performance of a basket of cryptocurrencies, recently rose 0.4% over the past 24 hours.\nIn traditional markets, the tech-heavy Nasdaq, Standard & Poor’s 500 and Dow Jones Industrial Average (DJIA) all closed lower, although the indexes enjoyed a strong month amid faint hopes the U.S. Federal Reserve will ratchet back its hawkish monetary policy early next year. Investors will be eyeing the latest Federal Open Market Committee interest rate hike, which is widely expected to be a robust 75 basis points.\n[{"Asset": "Avalanche", "Ticker": "AVAX", "Returns": "+4.8%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Cosmos", "Ticker": "ATOM", "Returns": "+2.4%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Shiba Inu", "Ticker": "SHIB", "Returns": "+1.9%", "DACS Sector": "Currency"}]\n[{"Asset": "Terra", "Ticker": "LUNA", "Returns": "\\u22121.8%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Loopring", "Ticker": "LRC", "Returns": "\\u22121.8%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Solana", "Ticker": "SOL", "Returns": "\\u22121.6%", "DACS Sector": "Smart Contract Platform"}]\nBy James Rubin\nHong Kong\'s Fintech Association chairman offered a rousing endorsement ofa policy statementsuggesting that retail investors would have more access to digital assets and seemed to point the city in a more crypto friendly direction.\n"Now Hong Kong is back inside of the game, Neil Tan, who is also CEO of the blockchain startup Neptune Digital,toldThe Daily Forkast in an interview. "And that retail piece does play a huge piece. If you look at the exchanges and market capitalizations, a lot of it drives from the retail side."\nIn the policy statementreleasedMonday at Hong Kong FinTech Week, the government\'s main financial agency, the Financial Services and Treasury Bureau (FSTB), indicated it would conduct a public consultation on how retail investors might attain a “suitable degree of access to virtual assets" to licensed exchanges. The FSTB said it was reconsidering its stance on virtual asset exchange traded funds (ETF) and tokenized securities, and that it was “ready to engage” with global virtual asset service providers and invite them to the city.\nEarlier this year, as part of a move to tighten anti-money laundering regulations, the Hong Kong governmentmovedto license virtual asset service providers (VASP) via a legislative proposal that passed its consultation period. The city\'s main securities regulatory group, Securities and Futures Commission (SFC), would be provided with "necessary intervention powers" to impose restrictions or even prohibitions on companies providing crypto services.\nInstitutional interest\nTan also noted the desire for more institutions "to have more coverage into digital assets," and he praised the timing of the policy statement\'s release.\n"You\'re introducing it inside the winter, so there\'s little risk in terms of downside," he said. "There\'s a lot more upside. Everybody else has shown their cards such as Dubai and also Singapore in terms of what the regulatory framework will look like in these jurisdictions."\nHe added: "Hong Kong is in a strong position. We want to build a championship team. We want to to go to the NBA final and win a championship."\n11:30 a.m. HKT/SGT(3:30 UTC)Reserve Bank of Australia\'s Interest Rate Decision\n10:00 p.m. HKT/SGT(14:00 UTC)Institute for Supply Management\'s Manufacturing Purchasing Managers Index (Oct)\n5:45 a.m. HKT/SGT(21:45 UTC)New Zealand Employment Changes (Q3)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nBitcoin Remains Steady, Dogecoin Futures Rack up Nearly $90M in Liquidations\nBitcoin held above $20,500 as the crypto community observes the fourteenth birthday of the cryptocurrency\'s white paper. But it\'s dogecoin that\'s jumping with excitement as it reached a market cap of over $10 billion over the past week. John Peurifoy of Floating Point Group joined "First Mover" to discuss the crypto markets. Plus, "First Mover" went into the debate between Sam Bankman-Fried and Erik Voorhees over crypto regulation.\nCrypto-Linked Terror Attacks Probably Quadrupled, UN Official Says, According To a United Nations Official Interviewed By Bloomberg:As many as 20% of terror attacks may be financed by crypto, up from 5% a few years ago, said Svetlana Martynova.\nBitcoin White Paper Celebrates 14th Birthday:A technical manifesto, the Bitcoin white paper was released 14 years ago today under an MIT public license for all to learn from, share and enjoy.\nBitcoin Miner Argo\'s $27M Fundraise Falls Through; Shares Plunge:The bitcoin mining industry is battling soaring energy prices coupled with the stagnated value of cryptocurrencies.\nEther Sees Biggest Weekly Gain in 3 Months, ETH-BTC Rally to Continue:Ether rallied 16% last week, registering its biggest weekly gain since July. The recent positive change in ether\'s tokenomics are helping the cryptocurrency outperform industry leader bitcoin.\nAfter Huobi Delisting Stablecoin HUSD Falls 72% From Dollar Peg:Huobi has said it will assist customers in exchanging HUSD for USDT.\nIndia\'s Central Bank to Start Wholesale CBDC Pilot Nov. 1:A pilot for a retail version will start within a month.', 'Good morning. Here’s what’s happening:\nPrices:Dogecoin continued to climb even as bitcoin and ether spent the day in the red.\nInsights:The chairman of Hong Kong\'s FinTech Association praises the government\'s new crypto policy statement.\nCoinDesk Market Index (CMI)\n1,026.52−4.20.4\nBitcoin (BTC)\n$20,478−169.30.8\nEthereum (ETH)\n$1,573−21.31.3\nS&P 500 daily close\n3,871.98−29.10.7\nGold\n$1,635−4.40.3\nTreasury Yield 10 Years\n4.080.1\nBTC/ETH prices perCoinDesk Indices; gold is COMEX spot price. Prices as of about 4 p.m. ET\nDOGE Continues Its Late October Surge\nBy James Rubin\nThe DOGE days of October continued as the popular meme coin outshone bitcoin, ether and a number of other major cryptocurrencies in Monday trading.\nDogecoinwas recently up more than 1% over the past 24 hours to continue its late-month surge, and was recently trading at about 12 cents. DOGE, which was created to mock the speculative nature of cryptocurrencies, spiked late last week as billionaire entrepreneur and DOGE advocate Elon Musk neared the completion of his $44 billion purchase of Twitter. Over the past four days Musk has asserted his control over the social media platform. On Monday, he ousted Twitter’s nine-person board.\nAs CoinDesk analyst Glenn Williamswrote, DOGE’s price fluctuations seem to stem from the power of Musk’s personality and a passionate dogecoin community than the macroeconomic indicators that have been influencing bitcoin, ether and other cryptos over the past 12 months. DOGE’s rise may correlate with excessive liquidations and a likely short squeeze, and the token may offer a shorting opportunity, Williams wrote.\nBitcoin (BTC)spent Monday in the red and was recently down about 0.8% from Sunday, same time, although the largest cryptocurrency by market value remained comfortably over the $20,000 perch it assumed last week. Ether was down similarly over the same period and was changing hands above the $1,500 level that the second-largest crypto assumed a week ago.\n"Some traders are growing confident that a bottom is in place, options market activity is showing the need for downside protection is easing," said Edward Moya, senior market analyst for foreign exchange market maker Oanda. "This will be a pivotal last two months of the year 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: 2022-11-01 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $394,638,485,588 - Hash Rate: 263680086.4404874 - Transaction Count: 276192.0 - Unique Addresses: 666319.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.30 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: By Alun John SINGAPORE/LONDON, Sept 15 (Reuters) - The dollar held near recent peaks on Thursday, supported by the view that the Federal Reserve will keep tightening policy aggressively, while the Swiss franc hits its strongest against the euro since the Swiss National Bank removed its floor under the currency in 2015. The franc rose 0.5% against the euro to as high as 0.9529 francs, its strongest level against the single currency since Jan. 15 2015, the day the SNB scrapped its minimum exchange rate of 1.20 francs per euro. The franc also strengthened 0.7% against the dollar to 0.95645 francs. "The Swiss currency right now is the only safe haven in the G10 and I think that's appealing to investors, as next week with the FOMC it could be another choppy week for stock markets if the (Fed) raises by 75 or even a hundred basis points," said Kenneth Broux, senior strategist at Societe Generale. The Swiss National Bank also meets next week and Broux notes speculation that they could join the Fed and ECB with outsized rate increases. Money markets are fully pricing in a 75 basis-point rate rise from the SNB, with just under a 50% chance of a full percentage-point hike, according to data from Refinitiv. The euro was little changed at $0.9982, not too far from its 20-year low of $0.9864 hit last week, while sterling was 0.4% softer at $1.1492. The dollar was up 0.3% against the yen at 143.55, having fallen 1% on Wednesday on news that the Bank of Japan had checked on exchange rates with banks - a possible preparation for yen buying. This left the dollar index firm at 109.71, holding onto its 1.5% gain from Tuesday, when U.S. inflation data came in hotter than expected. That caused markets to reposition for a Fed seemingly left with little choice but to go for another large hike at its rate-setting meeting next week. Fed funds futures are now pricing in around 30% chance that the Fed will hike rates by 100 basis points, with at least a 75 basis point increase fully expected by the market. Traders will be watching U.S. retail sales and industrial production data due later in the day, since, as ING analysts note, data is the most likely thing to cause a dovish repricing. The Fed, in recent months, has been unwilling to push back on hawkish market expectations. Nonetheless, ING conclude: "We see a good chance that today's data will not trigger any material re-pricing lower in Fed rate expectations, and the hawkish inertia into next week's meeting means that the dollar can stay supported." Investors continued to consider whether Japanese authorities really would intervene to support their battered currency, which has fallen nearly 20% this year. But some market watchers expressed scepticism that there would be a direct intervention, or that it would have much lasting impact. Satsuki Katayama, head of a ruling party panel on financial affairs in Japan, told Reuters that the country lacks effective means to combat the yen's sharp falls. A record Japanese trade deficit for August has also underscored the bearish case for the yen. China's yuan traded offshore slipped to seven per dollar in European hours on Thursday, the first time since July 2020, as markets continue to test Chinese authorities' willingness to defend the symbolic level. In crypto markets, ether did not move significantly after Vitalik Buterin, Ethereum inventor and co-founder, wrote on Twitter that a major software upgrade to the Ethereum blockchain aimed at slashing its energy usage has been completed. The token, which underpins the ethereum network, was down 3%. Bitcoin was a touch softer at just under $20,150. (Reporting by Rae Wee in Singapore and Alun John in London, additional reporting by Samuel Indyk; Editing by Sam Holmes, Kim Coghill and Hugh Lawson)... - Reddit Posts (Sample): [['u/dashsmurf', 'Was anyone surprised about Credits being physical currency?', 28, '2022-11-01 00:00', 'https://www.reddit.com/r/andor/comments/yirp84/was_anyone_surprised_about_credits_being_physical/', "I've thoroughly enjoyed the series so far, especially the low level intensity of the series, overall writing and dialogue, and ambiguous morality of the characters.\n\nHowever, you would think in a galaxy with hyperdrives and space stations the size of small moons that the common currency of Credits would something more akin to Bitcoin: digital and intangible, as opposed essentially payroll bullion in a vault, that needs to be paid out to Imperial staff?\n\nI don't remember if Credits were ever shown as physical currency in the main trilogy or other films (maybe in the Mos Eisley cantina?). A similar kind of plot device was used once and never really used ever again was Resistance ships running low on fuel in The Last Jedi.", 'https://www.reddit.com/r/andor/comments/yirp84/was_anyone_surprised_about_credits_being_physical/', 'yirp84', [['u/mcmanus2099', 18, '2022-11-01 00:36', 'https://www.reddit.com/r/andor/comments/yirp84/was_anyone_surprised_about_credits_being_physical/iuk9670/', "I think it really makes sense that the empire would need some physical bulloen to sit behind its economy to insulate it. Especially considering just coming out of a galaxy wide civil war. Non physical currency would be much more volatile. It also makes sense this would be sector specific as sectors are likely to have micro semi independent economies. \n\nIt also make sense in a heavily militarised state (one that militarised in a very short space of time) that this hard currency's principal function would be to prop up the wage of imperial troops. It ensures their wages are not victim to any inflationary events.", 'yirp84'], ['u/BTP_Art', 13, '2022-11-01 01:47', 'https://www.reddit.com/r/andor/comments/yirp84/was_anyone_surprised_about_credits_being_physical/iuki76i/', 'I sat here looking at the title trying to figure what you meant because I was thinking the closing credit if the show. Man it’s been a long day.', 'yirp84'], ['u/Adorable-Bus-2687', 18, '2022-11-01 03:34', 'https://www.reddit.com/r/andor/comments/yirp84/was_anyone_surprised_about_credits_being_physical/iukvu5e/', 'In the Mandalorian they exchange physical credits and actually talk briefly about the conflicting and dated currency systems across the galaxy (old imperial credits not being worth anything). The SW universe has a weird relationship with technology with plenty of super intelligent droids and ai but jobs like Obi WAN’s meat harvesting job on Tatooine still exist.', 'yirp84'], ['u/porktornado77', 11, '2022-11-01 03:37', 'https://www.reddit.com/r/andor/comments/yirp84/was_anyone_surprised_about_credits_being_physical/iukw6fz/', 'Republic Credits are no good here! I need something more REAL…', 'yirp84']]], ['u/OpticallyMosache', 'Is 99% of Crypto Content Meaningless?', 275, '2022-11-01 00:25', 'https://www.reddit.com/r/CryptoCurrency/comments/yisaij/is_99_of_crypto_content_meaningless/', 'Are we all posting recursive, meaningless topics and content? How much of this provides any real value? I appreciate the detailed analyses on market trends and crypto data points. Some of the "good news" posts give me a dopamine hit but everything else feels like shallow \'junk food\'.\n\nWhat types of content do you feel engaged or inspired by? Has this sub helped you make any good crypto decisions? I do enjoy this community, don\'t get me wrong, but it has becomes a source of general entertainment for me. I don\'t take 99% of it seriously. I just DCA BTC and post for fun. I like all you guys, so I\'ll keep posting!', 'https://www.reddit.com/r/CryptoCurrency/comments/yisaij/is_99_of_crypto_content_meaningless/', 'yisaij', [['u/getoffthepitch96576', 64, '2022-11-01 00:36', 'https://www.reddit.com/r/CryptoCurrency/comments/yisaij/is_99_of_crypto_content_meaningless/iuk94jf/', "You are right but imagine if this sub didn't exist. Many people would get their crypto news probably from a shitty youtuber or tiktoker. This would be a desaster. So this sub has an important role for many people here ok and it gives us moons...", 'yisaij'], ['u/aardvarkbiscuit', 25, '2022-11-01 00:40', 'https://www.reddit.com/r/CryptoCurrency/comments/yisaij/is_99_of_crypto_content_meaningless/iuk9lh4/', '99% of everything is meaningless', 'yisaij'], ['u/sargonas', 37, '2022-11-01 00:43', 'https://www.reddit.com/r/CryptoCurrency/comments/yisaij/is_99_of_crypto_content_meaningless/iuk9xxz/', 'Yes', 'yisaij'], ['u/Legitimate_Suit_3431', 16, '2022-11-01 00:55', 'https://www.reddit.com/r/CryptoCurrency/comments/yisaij/is_99_of_crypto_content_meaningless/iukbgbn/', 'Rather this, than getting news from bitboy', 'yisaij'], ['u/chintokkong', 10, '2022-11-01 01:01', 'https://www.reddit.com/r/CryptoCurrency/comments/yisaij/is_99_of_crypto_content_meaningless/iukc7dd/', 'I like the occasional arguments here, like between BTC maxis and NANO enthusiasts, and also between shills and anti-shills, arguing about coins. Learn a lot from the technical stuff they write and criticized about.\n\nBut sadly, some of such comments get downvoted to shit. In general, the voting system here does not encourage people to speak frankly and controversially.\n\nTo be fair, I also receive many helpful replies from kind and patient redditors willing to answer many of my questions on crypto. So yup, still find this sub of good value.', 'yisaij'], ['u/highwaytochel17', 69, '2022-11-01 01:05', 'https://www.reddit.com/r/CryptoCurrency/comments/yisaij/is_99_of_crypto_content_meaningless/iukcppu/', 'I just view this sub as entertainment with the occasional hidden nugget of good information. Can’t take anything you see on Reddit too seriously', 'yisaij'], ['u/premium-domains', 10, '2022-11-01 01:19', 'https://www.reddit.com/r/CryptoCurrency/comments/yisaij/is_99_of_crypto_content_meaningless/iukejqf/', "Plus, 99% of reddit is junk, and 99% of the internet is junk. Since when was that news?\n\nOP needs to understand that you don't get rich or find value by going on the internet and reading reddit. You get rich by being smarter than other people, or by having rich parents\n\nDon't expect anything else from the internet than entertainment and wikipedia articles", 'yisaij'], ['u/JoeChip87', 10, '2022-11-01 01:48', 'https://www.reddit.com/r/CryptoCurrency/comments/yisaij/is_99_of_crypto_content_meaningless/iukiazg/', 'BitBoy news is the junk food, for sure.\n\nI get a lot of my crypto news from this sub which allows me a quick sort-of ‘on-ramp’ to then go do more research elsewhere, into whatever is being discussed. \nI don’t know if I’d get that ease of access anywhere else since I’m on Reddit for a lot of other subs, also.', 'yisaij'], ['u/birdman332', 54, '2022-11-01 03:05', 'https://www.reddit.com/r/CryptoCurrency/comments/yisaij/is_99_of_crypto_content_meaningless/iuks6ee/', '99.9% of cryptos are worthless, so yes', 'yisaij'], ['u/Bye_nao', 10, '2022-11-01 09:05', 'https://www.reddit.com/r/CryptoCurrency/comments/yisaij/is_99_of_crypto_content_meaningless/iulnkdd/', 'Bear markets wash away a lot of tourists.\n\nRemaining people probably realize that 99% of crypto is:\n\n1) Pump and dump scams\n\n2) Rugpulls\n\n3) Vc enrichment schemes\n\n4) 0 value added forks\n\n5) Unsustainable\n\nYet they stay for that 1%, even if they might not all agree what should be included in that 1%.', 'yisaij'], ['u/Eji1700', 16, '2022-11-01 11:28', 'https://www.reddit.com/r/CryptoCurrency/comments/yisaij/is_99_of_crypto_content_meaningless/iulx21o/', 'I would like if they added a serious tag so that legit questions and conversations aren\'t just filled with "well i buy high and sell low" responses, but so long as that\'s not the case it\'s a rare topic that has any good discussion.\n\nA huge damning factor against crypto is the total lack of any real discussion about it. You\'ve got a million hype echo chambers, and then places like this which are only mostly hype echo chambers with some value if you dig through all the crap.\n\nCrypto constantly gets compared to life changing tech like the internet, but people had all sorts of really interesting ideas and WORKING examples for years. 90% of crypto is mostly "We made this coin that lets you invest in it while it maybe fills some nebulous need, probably related to more crypto"', 'yisaij']]], ['u/Aooogabooga', 'I missed out on Apple. I missed out on bitcoin. I missed out on Netflix. I missed Amazon. I grew up in the Bay Area.', 128, '2022-11-01 02:06', 'https://www.reddit.com/r/AMCSTOCKS/comments/yiujgg/i_missed_out_on_apple_i_missed_out_on_bitcoin_i/', 'My dads office was on Lark Avenue in Los Gatos. We picked him up one day and he said, “see those guys? (Netflix) they think we’re going to be able to watch movies over the internet someday.” They had 7 employees at the time. I was 12. \n\nI’m not fucking missing this one.', 'https://www.reddit.com/r/AMCSTOCKS/comments/yiujgg/i_missed_out_on_apple_i_missed_out_on_bitcoin_i/', 'yiujgg', [['u/Serious-Ad2649', 25, '2022-11-01 03:18', 'https://www.reddit.com/r/AMCSTOCKS/comments/yiujgg/i_missed_out_on_apple_i_missed_out_on_bitcoin_i/iuktrm2/', 'The problem with all your misses is that even if you let’s say bought stock in Netflix early in you no doubt would have sold it when it hit 50 percent upside. You would have never held it for years. The point is the Mets traded Nolan Ryan because he was too wild instead of hiring a pitching coach to help him. I could have bought one stock Berkshire Hathaway when it was super cheap but I didn’t. And on and on. The truth is your near misses are just normal so don’t look back.', 'yiujgg']]], ['u/AutoModerator', '[Altcoin Discussion] - November 2022', 11, '2022-11-01 05:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/yiy5pz/altcoin_discussion_november_2022/', "**Thread topics include, but are not limited to:**\n\... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['With the Fed signaling oversized rate hikes for longer is the likely trajectory moving forward, it is understandable why investors are looking for stocks to sell rather than stocks to buy. Consumer spending continues to rise, and inflation refuses to go down. Moreover, the jobs market is surprisingly strong despite recent rate hikes, with unemployment decreasing to 3.5% in September. Meanwhile, some sectors still face supply chain issues and worker shortages.\nA difficult but sensible solution is to continue hiking interest rates, despite the pain in the stock market. The Wall Street Journal’s chief economics correspondent Nick Timiraos is often considered the Fed’s mouthpiece. Hewrote an article on Sundaysuggesting that interest rates will stay higher for longer, and highlighted economist Steven Blitz’s sentiment about interest rates reaching as high as 5.5%.\nWith another likely 75 basis point (0.75%) hike en route on Wednesday, that does not seem unrealistic, especially considering that the Fed projected interest rates flatting out at 2.875% in March this year. Thus, the current Fed estimate of 4.625% is also something I’d take with a grain of salt.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nOf course, now is still the prime time to invest. Many stocks are going for a bargain, and safe stocks still exist. However, some stocks are ill-fated in the current economic environment and could see more significant downside. I believe the following seven stocks are worth selling before that happens.\n[{"NVAX": "MARA", "Novavax": "Marathon Digital Holdings", "$22.00": "$12.22"}, {"NVAX": "MSTR", "Novavax": "MicroStrategy", "$22.00": "$257.20"}, {"NVAX": "DUOL", "Novavax": "Duolingo", "$22.00": "$81.23"}, {"NVAX": "XENE", "Novavax": "Xenon Pharmaceuticals", "$22.00": "$37.12"}, {"NVAX": "FIZZ", "Novavax": "National Beverage", "$22.00": "$47.16"}, {"NVAX": "OPEN", "Novavax": "Opendoor Technologies", "$22.00": "$2.44"}]\nSource: rarrarorro / Shutterstock.com\nNovavax(NASDAQ:NVAX) is a Maryland-based biotechnology company researching and developing vaccines. The coronavirus pandemic came as a blessing for NVAX stock, causing it to surge more than 7,600%-plus from its pre-pandemic trough.\nUnfortunately for Novavax,AstraZeneca(NASDAQ:AZN),Moderna(NASDAQ:MRNA),Pfizer(NYSE:PFE), andJohnson & Johnson(NYSE:JNJ) all got their vaccines approved rather quickly in 2022, and most of the population was vaccinated using those vaccines. As a result, investors grew increasingly impatient with NVAX stock, leading to a selloff.\nNovavax stock is now down more than 84% year-to-date, with minimal future upside potential. The FDA finallygranted emergency authorizationto the Novavax COVID-19 vaccine in July of this year. That said, it’s too little, too late for NVAX stock, with this approval unlikely to create any long-term benefit for shareholders.\nAs of Q2, the company’s revenue hasdeclinedby 37.6% year-over-year to $186 million, and its quarterly losses have worsened by almost 45%, ballooning to $510 million. In addition, with anAltman Z-score of -3.13(signaling distress), and its debt-to-equity ranked worse than 100.00% of 1097 companies in the biotechnology industry, Novavax could go bankrupt very soon.\nSource: Shutterstock\nMarathon Digital Holdings(NASDAQ:MARA) is a company that focuses on mining cryptocurrencies such asBitcoin(BTC-USD), and is another company in distress. The post-pandemic boom in the cryptocurrency market funded by stimulus packages and ultra-low interest rates is long behind us, and the market capitalization of the entire crypto market is down by almost 50% year-to-date. As a result, the company is no longer profitable, with MARA stock falling nearly 83% from its peak on November 2021.\nAdding salt to Marathon’s wounds, the recentEthereum(ETH-USD) upgrade called “the Merge” eliminated crypto mining from the second biggest crypto network. After Ethereum switched to a proof-of-stake network, mining ETH is no longer possible for Marathon Digital.\nMoreover, looking at energy costs and electricity bills going higher worldwide, and the stock market continuing its decline, Marathon Digital will be in a lot of trouble in this economic climate. That is demonstrated by its second-quarter results showingrevenue of $25 millionagainst losses of $192 million.\nSource: DCStockPhotography / Shutterstock.com\nAnother company getting wrecked by the current economic climate isMicroStrategy(NASDAQ:MSTR). The company bought billions of dollars worth of Bitcoin using debt, and is atserious risk of bankruptcy, as evidenced by its Altman Z-score of -1.39. Moreover, the company’s debt-to-equity ratio stands at -13.1, ranked worse than 100.00% of 2067 companies in the software industry. This is not a company you’d want to hold while the Fed tightens.\nAs of Sept. 20, MicroStrategy holdsapproximately 130,000 BTCbought at an average price of $30,623. That is well above the current price of around $20,500 per Bitcoin. I do not see the company making a profit soon, as a hawkish Fed is determined to take inflation down to 2%. Instead, I see the company going bankrupt in this economy. Thus, I believe MSTR is one of the top stocks to sell right now.\nSource: DANIEL CONSTANTE / Shutterstock.com\nDuolingo(NASDAQ:DUOL) is a language-learning platform that recently undertook its initial public offering (or IPO) in 2021. As with most stocks after their IPO, DUOL stock also declined materially. Currently, this stock is down around 60% from its peak in September 2021.\nDUOL stock has now found a relatively stable valuation at $80-$100, but it can go down more by the end of this year. I believe the company’s financials don’t justify its current $3.2 billion market cap. Thus, I consider it to be a top pick for investors looking for stocks to sell.\nAdmittedly, Duolingo’stop-line growthis impressive, and has been consistently growing at around 50% year-over-year. Will that continue in the current environment? I don’t think so. Even more importantly, Duolingo’sprofitabilityhas been badly hit. The company’s quarterly losses stand at $15 million, and the company does not seem to be heading towards profitability soon.\nOf course, this is a company that isn’t at risk of bankruptcy. But its valuation solely relies on long-term speculation about its growth prospects. As we’ve seen many times this year, it only takes a single bad earnings call to provoke a massive selloff. Therefore, DUOL stock isn’t worth this risk, with many other tech stocks valued at bargain prices, at least not in the current environment.\nSource: Sisacorn / Shutterstock.com\nXenon Pharmaceuticals(NASDAQ:XENE) stock has been untouched by this year’s bear market. In fact, XENE stock is up more than 15% year-to-date, and continues to go up, despite considerable earnings misses. That is likely due to thecompany’s liquidity position, with its liquidity ratio being ranked better than 98.79% of 1,564 companies in the biotechnology industry, as well as a very attractive debt-to-equity ratio of just 0.01. Even though Xenon Pharmaceuticals is unprofitable, its financial strength is notable.\nSo what’s wrong? It is clear that nothing is wrong with the company’s financials, but rather the company’s valuation, given its market capitalization of $2.3 billion. Xenon Pharmaceuticals has quarterlyrevenue of just above half a million dollars, down 76% YoY. In comparison, losses areat $31 million.\nThe main argument for this company’s excessive valuation is its multiple promising mid- to late-stage clinical trials. If the company files for full approval as planned, it will still take up to 10 months for the FDA to approve any of these options. Even then, I cannot see a $2.3 billion valuation being justified, as only one drug, “XEN496,” isin the middle of its Phase 3 trial. Thus, investors should consider XENE as one of the stocks to sell.\nSource: shutterstock.com/MOLPIX\nBuyingNational Beverage(NASDAQ:FIZZ) is a volatile play that I won’t recommend in the current market. FIZZ stock surged more than 400% from Jun. 2015 to Sept. 2017. It then flattened out and erased 64% of its gains by Jul. 2019. In the post-pandemic period, it again surged 277% to a new peak, before entering a period of decline.\nNational Beverage’s top line onlygrew at 1.9%year-over-year in the most recent quarter, and its net income growth has beendeclining for the last 12 months. In addition to its volatility, the company’s financials do not justify its market cap of $4.4 billion. Thus, I believe FIZZ stock is a sell at a price-earnings ratio of 31.7-times, with mediocre financials.\nSource: Tada Images / Shutterstock.com\nThe caboose of this stocks to sell article isOpendoor Technologies(NASDAQ:OPEN), a real estate company that buys residential real estate and sells these properties for a profit. Real estate prices will likely decline due to interest rate hikes, which have the potential to significantly hurt Opendoor’s business model.\nThe stock is already down 83% year-to-date. Nonetheless, I see more downside for the stock, as its quarterly earnings could soon reflect the pain the housing market is seeing real-time. Its debt-to-equity ratio is alreadyat 3.2, ranked worse than 92.91% of 1,552 companies in the real estate industry. On that note, I believe it is one of the stocks to sell.\nOn the date of publication, Omor Ibne Ehsan 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.\nOmor Ibne Ehsan is a writer at InvestorPlace. He is also an active contributor to a variety of finance and crypto-related websites. He has a strong background in economics and finance and is a self taught investor. You can follow him onLinkedIn.\n• Buy This $5 Stock BEFORE This Apple Project Goes Live\n• The Best $1 Investment You Can Make Today\n• Early Bitcoin Mi **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-11-02 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $392,676,955,800 - Hash Rate: 223395628.7898574 - Transaction Count: 257467.0 - Unique Addresses: 630399.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.30 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin held steady around $19,100, moving higher after two consecutive daily losses as stock traders bid up traditional markets ahead of Thursday’s expected release of key inflation data in the Consumer Price Index (CPI) report. The CoinDesk Market Index rose 0.59% over the past 24 hours. At press time, bitcoin ( BTC ), the largest cryptocurrency by market capitalization, slipped 0.12% after coming back from the low of $18,971 earlier in the day. Ether ( ETH ) was up 0.27%, trading below $1,300. Investors remained in a wait-and-see mode following Wednesday's higher-than-expected U.S. producer price index (PPI) data, a measure of the price of goods sold by manufacturers. Despite the U.S. Federal Reserve's fight against inflation, wholesale prices rose 0.4% for September, compared with the Dow Jones estimate for a 0.2% increase. Global macro sentiment has driven correlations across assets “back to extremes,” according to QCP Capital’s note. BTC’s correlation with equities and gold is “at all-time highs.” By contrast, the U.S. dollar’s correlation with bitcoin – historically an inverse relationship – is “at all-time lows.” Stefan Rust, founder of economic data aggregator Truflation, said the markets would probably revert to a downward trend as the Federal Reserve continues its strategy of tightening monetary policy. “In the past two years, crypto has been highly correlated to stocks and dependent on global fiat liquidity, so we can expect further drops or at least increased daily volatility around the release of the CPI figures tomorrow,” he told CoinDesk via an email. Among altcoins, Solana’s native token SOL was down 2% after Solana-based decentralized finance (DeFi) platform Mango was hit by a $100 million exploit late Tuesday evening. As of press time, Mango's MNGO token was down 33%, according to CoinMarketCap. View comments... - Reddit Posts (Sample): [['u/DaSpawn', 'I just tried Bisq today, really cool, but incredibly disappointing there is intentionally no support for Bitcoin Cash', 16, '2022-11-02 00:13', 'https://www.reddit.com/r/btc/comments/yjokhp/i_just_tried_bisq_today_really_cool_but/', 'the software supports a bunch of other coins I have never heard of, but at least I was able to swap for something else useful like ETH\n\nand then the legacy network goes down today due to a bug... go figure I must have broke it lol\n\nIs there any alternatives that utilize Bitcoin Cash?\n\nedit: in case you were wondering the straight up BS surrounding the decision to remove it: https://github.com/bisq-network/proposals/issues/61', 'https://www.reddit.com/r/btc/comments/yjokhp/i_just_tried_bisq_today_really_cool_but/', 'yjokhp', [['u/doramas89', 11, '2022-11-02 00:18', 'https://www.reddit.com/r/btc/comments/yjokhp/i_just_tried_bisq_today_really_cool_but/iuowu46/', 'Thorchain. The app to use it is in thorswap.finance', 'yjokhp'], ['u/Rucknium', 17, '2022-11-02 01:20', 'https://www.reddit.com/r/btc/comments/yjokhp/i_just_tried_bisq_today_really_cool_but/iup5lzy/', 'Haveno, which will be like Bisq but with Monero rather than BTC as the base trading currency, will list BCH:\n\n[https://haveno.exchange/faq/#what-currencies-will-be-listed](https://haveno.exchange/faq/#what-currencies-will-be-listed)', 'yjokhp']]], ['u/Ultrabarrel', 'Ryan really hit them with the wombo combo, let me explain…', 2835, '2022-11-02 01:02', 'https://www.reddit.com/r/Superstonk/comments/yjpprk/ryan_really_hit_them_with_the_wombo_combo_let_me/', 'You have no idea how happy I am seeing people starting to get it!!! Like I wanna scream I’m so happy ☺️\n\n\nI’ve had this hunch for a while but now after venturing into crypto itself, and learning about how it works and the inner struggles crypto has with, I feel my hunch has been confirmed. \n\n\nBeing a computer enthusiast, I got to studying crypto with more determination than my first go around with Bitcoin mining back in it’s dollar day. Rather than just start with “tokenomics” of etherium, I wanted to learn and possibly even venture in picking up programming and play around with blockchain tech. Then maybe learn the tokenomics after. This way I can by understanding the underlying I can be more profitable in the trading of coins. Because let’s be honest here…\n\n**We’re all just trying to survive.**\n\n But I still, I wanted to learn more about the subject, and since GameStops is getting in the space, I wanted to see why and how will crypto work for them? At some point after feeling like I knew enough to say I have a grasp on the stuff, I got into podcasts. some point after listening to the Jon Stewart podcast, I figured I’d check out some crypto stuff and remembered someone saying something about Bankless the podcast in a comment here on this sub. \n\n\nIt introduced me to the fundamentals of GameStops crypto strategy. When I put it all together, I nearly shit myself. \n\n(Full disclosure, but not shilling for Bankless. There are plenty of dev minded podcasts and resources to get info. I just love how well they curate their content and get the actual meat and potatoes of crypto into layman’s terms sometimes, and speak about all sectors In crypto. Oh boy up until that point I had no idea the etherium ecosystem is based on so many decentralized ever changing open source parts. It’s a fucking sight to see tbh..)\n\n**Crypto has always been fighting an uphill battle . from a tech, regulatory, financial AND public perception front since inception.. But since the creation of ETHERIUM with its EVM and realization of NFTS, it has been in a rapid transformation leading up to the merge.. Now that theres proven tech, It has slowly been slowly coming together like Voltron.**\n\nThe only thing it needs a now is real life use cases to prove it’s worth and a way to onboard people into web3….\n\n**Enter GameStop.** \n\nThe FTX move was a power play, when you think about it. They can do the off ramp thing while providing an on ramp solution on top of Loopring. Meanwhile Loopring provides the custodial layer2/1 White-wallet solution and secures scaling. 😏Then add the special sauce of IMX providing the basically free minting of game assets and easy onboarding for hundreds of thousands of devs in the video game industry into web3. \n\nAnd then it all flows right into the GameStop NFT marketplace. Where GameStop collects a very minor transaction fee but gives power ownership and profits to the players, owners, gamers, creators…\n\n\nThis brings immense value. Bringing obvious profits. GameStop commands serious pull with the gaming industry, fuck what msm says. these OEMs know what GameStop brings to the table in physical retail for gaming and if they become a gateway in NFT gaming, with the most solid market place for it, they are going to go for it.. \n\nAt some point value can’t be suppressed. They eeked their way out of one finally but rightfully so, beat earnings. GMEs best quarter is always the last due to holiday season, And they always preform awesome during a console refresh…\n\nWell it might not be exactly a console refresh.. but how’s about consoles everyone had been struggling and dying to buy due to shortages and a whole new pc gaming arm to help you five in to that too? Or maybe some pop culture, idk, gamers like that stuff right??? 🤷\u200d♂️🙃. Good thing they recently got priority agreement in inventory of new gaming consoles from both Microsoft and Sony. What are they gonna say when they absolutely crush earnings and show quarter after that Fat Juicy profit?! \n\nPure speculation but:\nOh no move on price? Stock buy back time. Oh snap surge on ANOTHER T60 whatever cycle. Time for another atm sale. Kinda hard to go under when your a profitable juggernaut in your sector with no debt and a shit load of money in the bank.. at one point or another they could even start paying nice fat dividends… imagine getting like 10 bucks a share every quarter lot something crazy like nfts \n\n\nTo the irony of all of this is that nfts provide true ownership. Tbh not just nfts but crypto itself, when properly implemented. Unlike our financial markets that is… \n\n\nWhere speculation comes back into play is if GameStop tokenized. That would destroy any and every hope that hedgfunds have at covering without liquidation… now remember that this is just speculation on this part…\n\n\n\nFucking DRS guys. They truly didn’t see this coming and thank god they didn’t disclose any foward guidance. Can’t have sabotaging hedgies disrupting the development of new technologies. I mean imagine if they acquired client teams all then sabatoge them.. \n\n\nDRS, we gonna fuck em up any day now…\n\nI’m tired of being poor and I’m sure a good chunk of you are too. \n\n\nPs: I put it as possible DD because of the info regarding GMEs blockchain stack. This is the strategy that will dominate this web3 game market before anyone can even get their foot in the door. But if that doesn’t qualify mods please change if appropriately. Ty\n\nEdit: I ment 10 not 100 but even the. That’s a high dividend return but remember speculation in that sooo… 🙃\n\nEdit2:and some words. Um. DRS please. Kay thanx.', 'https://www.reddit.com/r/Superstonk/comments/yjpprk/ryan_really_hit_them_with_the_wombo_combo_let_me/', 'yjpprk', [['u/Superstonk_QV', 92, '2022-11-02 01:02', 'https://www.reddit.com/r/Superstonk/comments/yjpprk/ryan_really_hit_them_with_the_wombo_combo_let_me/iup32lt/', '[Why GME?](https://www.reddit.com/r/Superstonk/comments/qig65g/welcome_rall_looking_to_catch_up_on_the_gme_saga/) || [What is DRS?](https://www.reddit.com/r/Superstonk/comments/ptvaka/when_you_wish_upon_a_star_a_complete_guide_to/) || Low karma apes [feed the bot here](https://www.reddit.com/r/GMEOrphans/comments/qlvour/welcome_to_gmeorphans_read_this_post/) || Join the [Superstonk Discord Server](https://discord.gg/hZqWV2kQtq)\n\n------------------------------------------------------------------------\n\nPosts of tweets where Twitter is NOT the original source WILL get removed! \nPlease post original sources!\n\n------------------------------------------------------------------------\n\n\nPlease up- and downvote this comment to [help us determine if this post deserves a place on r/Superstonk!](https://www.reddit.com/r/Superstonk/wiki/index/rules/post_flairs/)', 'yjpprk'], ['u/Throwing-stoned', 100, '2022-11-02 01:14', 'https://www.reddit.com/r/Superstonk/comments/yjpprk/ryan_really_hit_them_with_the_wombo_combo_let_me/iup4ruj/', 'Your jacking my teets', 'yjpprk'], ['u/Ultrabarrel', 51, '2022-11-02 01:16', 'https://www.reddit.com/r/Superstonk/comments/yjpprk/ryan_really_hit_them_with_the_wombo_combo_let_me/iup524g/', 'Do you want me to use some lotion, or warm \noil?? 😏', 'yjpprk'], ['u/Dopeman030585', 691, '2022-11-02 01:22', 'https://www.reddit.com/r/Superstonk/comments/yjpprk/ryan_really_hit_them_with_the_wombo_combo_let_me/iup5wem/', "L1 was a failure because of gas fee's.. we all know that \n\n#L2\n\nPennies=Adoption", 'yjpprk'], ['u/carbinatedmilk', 24, '2022-11-02 01:23', 'https://www.reddit.com/r/Superstonk/comments/yjpprk/ryan_really_hit_them_with_the_wombo_combo_let_me/iup649z/', 'Why not both?', 'yjpprk'], ['u/joeyg334', 84, '2022-11-02 01:23', 'https://www.reddit.com/r/Superstonk/comments/yjpprk/ryan_really_hit_them_with_the_wombo_combo_let_me/iup64qw/', 'I like what you are laying down. At this point even without moass, GME is a steal at these prices. \n\nHedgies are fukt!', 'yjpprk'], ['u/Ultrabarrel', 52, '2022-11-02 01:30', 'https://www.reddit.com/r/Superstonk/comments/yjpprk/ryan_really_hit_them_with_the_wombo_combo_let_me/iup7109/', 'Exactly. The strategy they employ only really works if they can continue there games with their shares in the dtcc and the company is going under and unable to profit. None of these things are happening at this rate. Even if they can somehow continue, what does a profitable company that ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin and Ether fell in Thursday morning trading in Asia along with all other top 10 cryptocurrencies by market capitalization, excluding stablecoins, as the U.S. Federal Reserve announced a fourth consecutive rate hike of 75 basis points on Wednesday. Leading memecoins Dogecoin and Shiba Inu token saw the heaviest losses after several days of significant gains following Elon Musk’s purchase of social media platform Twitter Inc.See related article:Litecoin anonymity update gets it booted from South Korean exchanges\n• Bitcoin fell 1.5% to US$20,147 in the 24 hours to 8 a.m. in Hong Kong, while Ether fell 3.8% to US$1,517, according todata from CoinMarketCap. Solana saw significant losses, falling 4.8% to US$30.71, while Cardano dropped 4% to US$0.38.\n• Shiba Inu token fell 7.8% to US$0.00001176, though was still trading up 8.8% over the past seven days, while Dogecoin fell 9.4% to US$0.12, though it was still up over 70% in the past week. Since purchasing Twitter, Elon Musk has tweeted pictures of shiba inu dogs — the breed of dog the Doge meme is based on — and has floated the idea of integrating Dogecoin as a payment method on the platform.\n• Sitting outside CoinMarketCap’s list, Litecoin gained 10.1% to change hands at US$60.52 after reaching a six-week high of US$62.12 overnight. This follows payment services company MoneyGram International, Inc.announcing it was integratingBitcoin, Ethereum and Litecoin trading on its app.\n• U.S. equities closed down on Wednesday. The Dow Jones Industrial Average fell 1.5%, the S&P 500 Index closed 2.5% lower and the Nasdaq Composite Index fell 3.4%.\n• The Fed unanimously voted to raise its benchmark interest rate by 75 basis points in its November meeting on Wednesday, bringing the total rate to a 15-year high of 3.75% to 4%. In the press conference announcing the raise, Fed Chair Jerome Powell said it was “very premature to talk about a pause” in interest rate rises; however, he seemed to suggest a slowing from the current pace could be in store in the next few Federal Open Market Committee meetings.\n• The Fed lifted interest rates from near zero in March to the current 3.25% as inflation reached a near 40-year high of 8.2% in September. The Fed has indicated it will continue this policy until inflation returns to a target range of 2%.\nSee related article:India’s finance minister urges G20 nations to come on board to regulate crypto', 'Bitcoin and Ether fell in Thursday morning trading in Asia along with all other top 10 cryptocurrencies by market capitalization, excluding stablecoins, as the U.S. Federal Reserve announced a fourth consecutive rate hike of 75 basis points on Wednesday. Leading memecoins Dogecoin and Shiba Inu token saw the heaviest losses after several days of significant gains following Elon Musk’s purchase of social media platform Twitter Inc. See related article: Litecoin anonymity update gets it booted from South Korean exchanges Fast facts Bitcoin fell 1.5% to US$20,147 in the 24 hours to 8 a.m. in Hong Kong, while Ether fell 3.8% to US$1,517, according to data from CoinMarketCap . Solana saw significant losses, falling 4.8% to US$30.71, while Cardano dropped 4% to US$0.38. Shiba Inu token fell 7.8% to US$0.00001176, though was still trading up 8.8% over the past seven days, while Dogecoin fell 9.4% to US$0.12, though it was still up over 70% in the past week. Since purchasing Twitter, Elon Musk has tweeted pictures of shiba inu dogs — the breed of dog the Doge meme is based on — and has floated the idea of integrating Dogecoin as a payment method on the platform. Sitting outside CoinMarketCap’s list, Litecoin gained 10.1% to change hands at US$60.52 after reaching a six-week high of US$62.12 overnight. This follows payment services company MoneyGram International, Inc. announcing it was integrating Bitcoin, Ethereum and Litecoin trading on its app. U.S. equities closed down on Wednesday. The Dow Jones Industrial Average fell 1.5%, the S&P 500 Index closed 2.5% lower and the Nasdaq Composite Index fell 3.4%. The Fed unanimously voted to raise its benchmark interest rate by 75 basis points in its November meeting on Wednesday, bringing the total rate to a 15-year high of 3.75% to 4%. In the press conference announcing the raise, Fed Chair Jerome Powell said it was “very premature to talk about a pause” in interest rate rises; however, he seemed to suggest a slowing from the current pace could be in store in the next few Federal Open Market Committee meetings. The Fed lifted interest rates from near zero in March to the current 3.25% as inflation reached a near 40-year high of 8.2% in September. The Fed has indicated it will continue this policy until inflation returns to a target range of 2%. See related article: India’s finance minister urges G20 nations to come on board to regulate crypto View comments', 'Bitcoin and Ether fell in Thursday morning trading in Asia along with all other top 10 cryptocurrencies by market capitalization, excluding stablecoins, as the U.S. Federal Reserve announced a fourth consecutive rate hike of 75 basis points on Wednesday. Leading memecoins Dogecoin and Shiba Inu token saw the heaviest losses after several days of significant gains following Elon Musk’s purchase of social media platform Twitter Inc.See related article:Litecoin anonymity update gets it booted from South Korean exchanges\n• Bitcoin fell 1.5% to US$20,147 in the 24 hours to 8 a.m. in Hong Kong, while Ether fell 3.8% to US$1,517, according todata from CoinMarketCap. Solana saw significant losses, falling 4.8% to US$30.71, while Cardano dropped 4% to US$0.38.\n• Shiba Inu token fell 7.8% to US$0.00001176, though was still trading up 8.8% over the past seven days, while Dogecoin fell 9.4% to US$0.12, though it was still up over 70% in the past week. Since purchasing Twitter, Elon Musk has tweeted pictures of shiba inu dogs — the breed of dog the Doge meme is based on — and has floated the idea of integrating Dogecoin as a payment method on the platform.\n• Sitting outside CoinMarketCap’s list, Litecoin gained 10.1% to change hands at US$60.52 after reaching a six-week high of US$62.12 overnight. This follows payment services company MoneyGram International, Inc.announcing it was integratingBitcoin, Ethereum and Litecoin trading on its app.\n• U.S. equities closed down on Wednesday. The Dow Jones Industrial Average fell 1.5%, the S&P 500 Index closed 2.5% lower and the Nasdaq Composite Index fell 3.4%.\n• The Fed unanimously voted to raise its benchmark interest rate by 75 basis points in its November meeting on Wednesday, bringing the total rate to a 15-year high of 3.75% to 4%. In the press conference announcing the raise, Fed Chair Jerome Powell said it was “very premature to talk about a pause” in interest rate rises; however, he seemed to suggest a slowing from the current pace could be in store in the next few Federal Open Market Committee meetings.\n• The Fed lifted interest rates from near zero in March to the current 3.25% as inflation reached a near 40-year high of 8.2% in September. The Fed has indicated it will continue this policy until inflation returns to a target range of 2%.\nSee related article:India’s finance minister urges G20 nations to come on board to regulate crypto', 'Irrespective of an investor’s age or risk tolerance, a portfolio is incomplete without blue-chip stocks. These stable companies offer strong fundamentals and robust dividend yields. However, the high share price of many blue chips may act as a deterrent, particularly for small investors. The good news is that not all blue chips are high-priced. Today, I’m sharing the best blue-chip stocks under $20 to buy now.\nInflation, geopolitical tensions and weakening global growth have been major headwinds for stocks, resulting in a high degree of uncertainty. Yet, this has also translated into attractive valuations among many of the best stocks, including blue chips.\nFor the best blue-chip stocks under $20, my focus is on those that trade with a valuation gap, making them more likely to outperform over the next 12 to 24 months.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\n[{"VALE": "F", "Vale": "Ford", "$12.77": "$13.06"}, {"VALE": "GOLD", "Vale": "Barrick Gold", "$12.77": "$14.34"}]\nSource: rafapress / Shutterstock.com\nAt current valuations,Vale(NYSE:VALE) is among the best blue-chip stocks under $20 to consider. The Brazilian metals and mining firm trades at a forward price-earnings ratio of 4.9, which is below itsfive-year averageof 6.4. Additionally, the stock offers an attractive dividend yield of 11.2%.\nVale is the second-largest producer of iron ore in the world. With iron ore prices near two-year lows, the company reported a year-over-year decline in net operating revenue and earnings per share for the third quarter. However, adjusted EPS of 98 cents waswell aheadof the Zacks Consensus Estimate of 60 cents.\nIt’s worth noting that the company still managed to report adjusted EBITDA of $4 billion and free cash flow of $2.2 billion. The company paid out $3.1 billion in dividends for the quarter and repurchased\xa0$686 million of its shares. With strong free cash flow visibility, the company’s dividend is sustainable.\nAnother reason to like Vale is its focus on a portfolio that willsupport a low-carbon economy. This includes the production of nickel and copper, which are used in electric vehicle batteries and charging, as well as solar power systems.\nVALE is down around 9% so far in 2022, outperforming the broader market by a wide margin. Shares look deeply undervalued, though, and have the potential to double from current levels in the next year.\nSource: JuliusKielaitis / Shutterstock.com\nLegacy automakerFord(NYSE:F) is a stock investors should get excited about again as the company undergoes its transition to an electric vehicle powerhouse and the higher valuation that is likely to come with that designation. After declining 37% y **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-11-03 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $390,715,268,938 - Hash Rate: 300302320.6683329 - Transaction Count: 297039.0 - Unique Addresses: 716406.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.30 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: There is no official data about how popular it is to get paid in crypto instead of fiat currencies as your salary. It mostly depends on the person’s individual circumstances. Some people may find that getting paid in crypto is more popular than fiat, while others may find the opposite to be true. So some people may find it more comfortable to receive their salary in cryptocurrency because they are more familiar with the technology and how it works. Others may prefer to receive their salary in fiat currency because it is more stable and easier to spend. So, the main factor is personal choices and individual needs. In this group of people are included National Football League players too. For those who do not, the NFL is one of the fast-growing and most popular sports leagues in the USA. As the popularity of American football is stable, the NFL is getting more competitive. The latest statistics showed that NFL players prefer to be paid in crypto. Even though for most of us, crypto is a part of daily life, getting a salary in crypto still seems a little bit weird. Down below we will explain more about NFL players’ decisions and talk about their impact on the general cryptocurrency world. NFL In Crypto World The NFL is involved in the crypto business through its partnership with the blockchain platform FanChain. The partnership allows fans to earn rewards for their fandom, including discounts on tickets and merchandise, and access to exclusive content. Fans can also use their FanChain tokens to vote on polls and predict the outcomes of games. After the massive popularity of digital currencies, some NFL teams started to join the market. The Dallas Cowboys, for instance, have partnered with Ethereum to launch their own cryptocurrency. The Miami Dolphins have also launched their own digital currency. And the New England Patriots have invested in a company that allows fans to buy and sell tokens related to the team. Story continues And in general too, as the popularity of the crypto business increases, more NFL teams are interested to join it. On the other hand, it causes positive reviews from fans because crypto betting, especially in sports, is getting more and more popular. There are plenty of platforms that suggest crypto betting on the NFL and its teams. One of them is cryptobetting.net where you can find trustworthy casinos if you are interested in betting with digital currencies. NFL teams have been successful in launching their own cryptocurrencies. The most successful crypto coin released by an NFL team is the Dallas Cowboys Coin, which has a market capitalization of over $1 billion. Other NFL teams that have launched their own cryptocurrencies include the New England Patriots, the Miami Dolphins, and the San Francisco 49ers. These team-specific coins have been generally well-received by fans and investors alike, and they offer a unique way for fans to show support for their favorite team while also investing in a potentially lucrative new asset class. The release of these coins helped to raise awareness of cryptocurrency among NFL fans and also helped to generate revenue for the teams. The Cowboys’ coin was used to fund a new stadium project, while the 49ers’ coin was used to support various charitable causes. NFL Players Choose Crypto For Their Salary There is no data on exactly how many NFL players get paid in crypto. Some players prefer to get paid in Bitcoin, while others may prefer Ethereum or another type of cryptocurrency. Even though it is up to individual choices, selecting crypto salaries is getting more popular in the NFL. This is because there are many benefits that come with being paid in cryptocurrencies, such as lower transaction fees and faster transactions. Additionally, some players believe that the value of cryptocurrencies will continue to increase over time, so they want to get in on the action now. Generally speaking, NFL players do not receive the same amount of money in crypto as they would if they were being paid in fiat currency. It is because of frequent fluctuation in rates on the crypto market.  However, some players are willing to take this risk because they believe that cryptos have a lot of potential for growth in the future. The average salary for NFL players in crypto is $1.5 million. This is higher than the average salary for non-crypto NFL players, which is $1 million. The higher salaries for NFL players in crypto are due to the fact that cryptocurrencies are often used as a means of investment, and thus tend to be more valuable than fiat currencies. If you are also interested in getting paid in crypto, there are a few things you should know. For one, cryptocurrency is often more stable than other currencies, so you can be sure that your earnings won’t fluctuate too much. Additionally, if you’ve paid in cryptocurrency, you can easily convert it into other currencies or use it to buy goods and services online without having to go through a bank or another financial institution. Story originally appeared on Mountain West Wire... - Reddit Posts (Sample): [['u/hoveflames', 'Let me ask you a real question: Does crypto help "3rd world" countries right now?', 17, '2022-11-03 00:18', 'https://www.reddit.com/r/CryptoCurrency/comments/ykldho/let_me_ask_you_a_real_question_does_crypto_help/', 'Besides making it "anonymous", "untraceable" and "decentralized" what are some other features crypto can offer to people like me and you that are probably the average joe?\n\nSome of the things I\'ve used it for is:\n\n1. Quick payment\n2. At least by now, you can protect against inflation using stable coins (don\'t look at LUNC please)\n3. Some exchanges teach you how to trade which is a big feature (education is unvaluable)\n4. Learning web3 (education is unvaluable x2)\n\nCryptocurrencies and blockchain technology can provide solutions to a large number of problems. However, there are barriers for new users trying to enter this ecosystem. Bitcoin terminology implies basic knowledge in finance, economics, technology, programming and English, dramatically raising the learning curve.\n\nMost of this Latin American behavior is explained by taking into account that cryptocurrencies are used in the region mainly as a store of value, a way to send remittances and to generate income.', 'https://www.reddit.com/r/CryptoCurrency/comments/ykldho/let_me_ask_you_a_real_question_does_crypto_help/', 'ykldho', [['u/Yuuki__konno', 33, '2022-11-03 00:30', 'https://www.reddit.com/r/CryptoCurrency/comments/ykldho/let_me_ask_you_a_real_question_does_crypto_help/iutsop3/', '3rd world country citizen here( Lebanon) \n\nYes, Banks failed and politicians stole the 100% of the $ reserve which made our local currency Tank,\n\nSome people at the start of the collapse bought crypto with their money before banks stop withdrawals.\n\n\nBut what we use crypto now is for everything, even for our remote jobs we get paid in stable coins. Why? Because banks dont work anymore.\n\n\nWe even sell personal services like drawing or it support or house services for crypto too. So yes, crypto does help 3rd world countries.', 'ykldho']]], ['u/rickribera93', 'Want to Buy Bitcones', 12, '2022-11-03 01:25', 'https://www.reddit.com/r/ConeHeads/comments/ykn2ze/want_to_buy_bitcones/', 'I am willing to buy your Bitcones. I will not entertain any offers lower than 500,000,000 Bitcones.\n\nDo not direct message me with your offer. I want these transactions to be public.\n\nThe following payment options are available, but are not limited to:\n\n* ETH\n* MATIC\n* DOGE\n* BTC\n* USD\n* Pizza\n* Chinese\n* Physical Street Cone\n* You name it.', 'https://www.reddit.com/r/ConeHeads/comments/ykn2ze/want_to_buy_bitcones/', 'ykn2ze', [['u/Adrewmc', 13, '2022-11-03 01:26', 'https://www.reddit.com/r/ConeHeads/comments/ykn2ze/want_to_buy_bitcones/iuu0na9/', 'Hmm…a physical cone sound interesting', 'ykn2ze'], ['u/MyMonte94', 13, '2022-11-03 01:47', 'https://www.reddit.com/r/ConeHeads/comments/ykn2ze/want_to_buy_bitcones/iuu3i96/', 'Nah, just saying that someone was here paying 0.2 for them the day before yesterday. I think he ended up with 3 billion. I’m hanging on to mine for now, but that was a pretty crazy offer.', 'ykn2ze'], ['u/Adrewmc', 10, '2022-11-03 02:33', 'https://www.reddit.com/r/ConeHeads/comments/ykn2ze/want_to_buy_bitcones/iuua06u/', 'See I was just fucking with you until now…\n\nI’m gonna have to think about it.\n\nBeing the first person to buy a physical cone with bitcones…idk', 'ykn2ze']]], ['u/Educational_Rope_703', 'If we stay above $20k now, we have definitely hit the bottom', 12, '2022-11-03 02:02', 'https://www.reddit.com/r/CryptoCurrency/comments/yknxh0/if_we_stay_above_20k_now_we_have_definitely_hit/', "\nDisclaimer: Unjustified, unbacked, unverified hopium ahead. \n\nOver the past few weeks we've seen lower lows for most other assets, including the S&P. \n\nFollowing on from the Fed announcement, if Bitcoin stays above $20K for the next few days, then I think the bears are done. Historically, we usually see a sudden drop of 5-8% after a big rate hike, but right now, it's still sitting at under 2%. \n\nWhales withdrew Bitcoin on mass last week. They done selling. We hit the bottom in June, and pretty much all the weak hands have now left. \n\nSorry Gareth, you are an expert in the field, have decades more experience than me, own more properties, wealth and cars than I will ever see in my lifetime, but now are wrong. \n\nKeep accumulating fellow degens.", 'https://www.reddit.com/r/CryptoCurrency/comments/yknxh0/if_we_stay_above_20k_now_we_have_definitely_hit/', 'yknxh0', [['u/lordcolorado', 10, '2022-11-03 02:07', 'https://www.reddit.com/r/CryptoCurrency/comments/yknxh0/if_we_stay_above_20k_now_we_have_definitely_hit/iuu6gjc/', 'If I had a bitcoin for every time I saw a post like this', 'yknxh0'], ['u/Bucksaway03', 55, '2022-11-03 02:08', 'https://www.reddit.com/r/CryptoCurrency/comments/yknxh0/if_we_stay_above_20k_now_we_have_definitely_hit/iuu6j7r/', 'Marco economics enters the chat', 'yknxh0'], ['u/TruthSeeekeer', 44, '2022-11-03 02:09', 'https://www.reddit.com/r/CryptoCurrency/comments/yknxh0/if_we_stay_above_20k_now_we_have_definitely_hit/iuu6lvu/', 'We’ll hit the bottom when I sell. \n\nI haven’t sold yet.', 'yknxh0'], ['u/Cryptizard', 25, '2022-11-03 02:24', 'https://www.reddit.com/r/CryptoCurrency/comments/yknxh0/if_we_stay_above_20k_now_we_have_definitely_hit/iuu8tj0/', "Is it me or are there more and more posts every day where it seems like OP is trying to desperately convince themselves that they aren't going to lose money?", 'yknxh0'], ['u/soundingdemo', 11, '2022-11-03 02:39', 'https://www.reddit.com/r/CryptoCurrency/comments/yknxh0/if_we_stay_above_20k_now_we_have_definitely_hit/iuuavwq/', 'LOL. He is a crypto noob. \n\nAt the end of 2020 he sold at 20k and missed the rise to 69k. \n\nHe got one thing right on luck and ll these dudes think he is an expert.', 'yknxh0'], ['u/CraftingAmbition', 14, '2022-11-03 03:01', 'https://www.reddit.com/r/CryptoCurrency/comments/yknxh0/if_we_stay_above_20k_now_we_have_definitely_hit/iuudzu9/', "It's Schrödinger's bottom. If you sell now, we go to the moon. If you buy now, you'll see how much deeper this bottom really goes.", 'yknxh0']]], ['u/AutoModerator', '[Daily Discussion] - Thursday, November 03, 2022', 33, '2022-11-03 05:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/ykrneb/daily_discussion_thursday_november_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/ykrneb/daily_discussion_thursday_november_03_2022/', 'ykrneb', [['u/dopeboyrico', 19, '2022-11-03 06:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/ykrneb/daily_discussion_thursday_november_03_2022/iuv1s4e/', 'November 6 marks 363 days since the ATH. The bottom proceeding 2017’s ATH took 363 days to reach.\n\nSo long as a lower low is not reached within the next few days only one of the following statements will be true:\n\n1) The bottom was at $17.7k back in June\n2) This bear market has lasted longer than the previous cycle’s bear market\n\nWhich of the two is it?', 'ykrneb'], ['u/Qasim57', 13, '2022-11-03 07:18', 'https://www.reddit.com/r/BitcoinMarkets/comments/ykrneb/daily_discussion_thursday_november_03_2022/iuv49r3/', "May I ask why, though. Can't both be true? \n\n\nThe bear market can last longer than the previous cycle, \\*and\\* a lower bottom might be reached as well? \n\n\nI really hope we're on our way to an ATH but I'm not convinced we're out of the woods just yet.", 'ykrneb'], ['u/anaccountlacksmyname', 10, '2022-11-03 08:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/ykrneb/daily_discussion_thursday_november_03_2022/iuvayaj/', "What's the call for today fellas, up or down?", 'ykrneb'], ['u/Qasim57', 12, '2022-11-03 10:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/ykrneb/daily_discussion_thursday_november_03_2022/iuvg6o2/', 'What’s the deal with DXY, friends. \n\nWill it rally up or finally taper off', 'ykrneb'], ['u/WilfriedOnion', 15, '2022-11-03 11:09', 'https://www.reddit.com/r/BitcoinMarkets/comments/ykrneb/daily_discussion_thursday_november_03_2022/iuvjt0h/', 'How else are we supposed to ath at 420k?', 'ykrneb'], ['u/Teatrack', 31, '2022-11-03 14:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/ykrneb/daily_discussion_thursday_november_03_2022/iuw54sl/', 'Wouldn’t it be great if we could finally decouple from tradfi? Idk about you guys but waiting a whole month to hear what some old 69-year old has to say about raising rates by 0.50% or 0.75% is getting really old', 'ykrneb'], ['u/dopeboyrico', 28, '2022-11-03 14:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/ykrneb/daily_discussion_thursday_november_03_2022/iuw75p7/', '[Fidelity will be offering BTC & ETH trading commission-free.](https://www.fidelity.com/crypto/overview)\n\nSign up list is now live however no word yet on when this is supposed to launch. It appears you won’t be able to transfer your BTC off the exchange however Fidelity is “exploring cryptocurrency transfers in the future.”\n\nFidelity currently has approximately $4.5 trillion in AUM.', 'ykrneb'], ['u/adepti', 11, '2022-11-03 15:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/ykrneb/daily_discussion_thursday_november_03_2022/iuwafmr/', 'This is what we all wished for back in 2017 - for institutions and wall st. to come board. now their aboard, and they t... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Social media platform Twitter has halted its plans to build a crypto wallet as part of ongoing changes kick-started last week by its new owner, Elon Musk, the online publication PlatformerwroteThursday.\n"A recently revealed plan to build a crypto wallet for Twitter appears to be on pause," the article said.\nDogecoin (DOGE) recently sank almost 10% in the aftermath of the news. The popular meme coin\'s price hasconsistently reactedto Musk\'s activities and pronouncements. The billionaire entrepreneur and Tesla CEO has been a major advocate for the token.\nDOGE had more than doubled over the past week as Musk completed the deal, hitting the highest price since April amid optimism he might push crypto-favorable initiatives at Twitter.\nThe company is expected to lay off about half its employees, according to a Bloomberg report on Thursday, citing unnamed sources. Last week, Musk ousted Twitter\'s CEO and other senior executives, and in the past has made no secret of his intent to change Twitter\'s direction.\nAt the time of publication, Twitter had not responded to a CoinDesk request for comment about its plans for the crypto wallet.\nRead More:Dogecoin Led the Pack Among Cryptocurrencies in October With 17 Times Bitcoin\'s Gains\nUPDATE (Nov. 3, 2022, 01:17 UTC):Updates most recent DOGE price decline in headline and story.\nUPDATE (Nov. 3, 2022, 02:40 UTC):Updates with latest DOGE trading.', 'Social media platform Twitter has halted its plans to build a crypto wallet as part of ongoing changes kick-started last week by its new owner, Elon Musk, the online publication Platformer wrote Thursday. "A recently revealed plan to build a crypto wallet for Twitter appears to be on pause," the article said. Dogecoin ( DOGE ) recently sank almost 10% in the aftermath of the news. The popular meme coin\'s price has consistently reacted to Musk\'s activities and pronouncements. The billionaire entrepreneur and Tesla CEO has been a major advocate for the token. DOGE had more than doubled over the past week as Musk completed the deal, hitting the highest price since April amid optimism he might push crypto-favorable initiatives at Twitter. The company is expected to lay off about half its employees, according to a Bloomberg report on Thursday, citing unnamed sources. Last week, Musk ousted Twitter\'s CEO and other senior executives, and in the past has made no secret of his intent to change Twitter\'s direction. At the time of publication, Twitter had not responded to a CoinDesk request for comment about its plans for the crypto wallet. Read More: Dogecoin Led the Pack Among Cryptocurrencies in October With 17 Times Bitcoin\'s Gains UPDATE (Nov. 3, 2022, 01:17 UTC): Updates most recent DOGE price decline in headline and story. UPDATE (Nov. 3, 2022, 02:40 UTC): Updates with latest DOGE trading. View comments', 'Social media platform Twitter has halted its plans to build a crypto wallet as part of ongoing changes kick-started last week by its new owner, Elon Musk, the online publication Platformer wrote Thursday. "A recently revealed plan to build a crypto wallet for Twitter appears to be on pause," the article said. Dogecoin ( DOGE ) recently sank almost 10% in the aftermath of the news. The popular meme coin\'s price has consistently reacted to Musk\'s activities and pronouncements. The billionaire entrepreneur and Tesla CEO has been a major advocate for the token. DOGE had more than doubled over the past week as Musk completed the deal, hitting the highest price since April amid optimism he might push crypto-favorable initiatives at Twitter. The company is expected to lay off about half its employees, according to a Bloomberg report on Thursday, citing unnamed sources. Last week, Musk ousted Twitter\'s CEO and other senior executives, and in the past has made no secret of his intent to change Twitter\'s direction. At the time of publication, Twitter had not responded to a CoinDesk request for comment about its plans for the crypto wallet. Read More: Dogecoin Led the Pack Among Cryptocurrencies in October With 17 Times Bitcoin\'s Gains UPDATE (Nov. 3, 2022, 01:17 UTC): Updates most recent DOGE price decline in headline and story. UPDATE (Nov. 3, 2022, 02:40 UTC): Updates with latest DOGE trading. View comments', 'Social media platform Twitter has halted its plans to build a crypto wallet as part of ongoing changes kick-started last week by its new owner, Elon Musk, the online publication PlatformerwroteThursday.\n"A recently revealed plan to build a crypto wallet for Twitter appears to be on pause," the article said.\nDogecoin (DOGE) recently sank almost 10% in the aftermath of the news. The popular meme coin\'s price hasconsistently reactedto Musk\'s activities and pronouncements. The billionaire entrepreneur and Tesla CEO has been a major advocate for the token.\nDOGE had more than doubled over the past week as Musk completed the deal, hitting the highest price since April amid optimism he might push crypto-favorable initiatives at Twitter.\nThe company is expected to lay off about half its employees, according to a Bloomberg report on Thursday, citing unnamed sources. Last week, Musk ousted Twitter\'s CEO and other senior executives, and in the past has made no secret of his intent to change Twitter\'s direction.\nAt the time of publication, Twitter had not responded to a CoinDesk request for comment about its plans for the crypto wallet.\nRead More:Dogecoin Led the Pack Among Cryptocurrencies in October With 17 Times Bitcoin\'s Gains\nUPDATE (Nov. 3, 2022, 01:17 UTC):Updates most recent DOGE price decline in headline and story.\nUPDATE (Nov. 3, 2022, 02:40 UTC):Updates with latest DOGE trading.', 'If you are looking for cryptos to buy, the current economic climate may not bode well right now. There appears to be little room for growth for most major cryptocurrencies as risk assets continue to tumble due to a hawkish Fedhiking interest ratesat a historic pace. This has dragged down nearly every high-valuation asset class, in significant fashion. Nonetheless, there are still some risky but highly-promising ideas in the cryptocurrency market that can turn out to be multi-baggers over the next three years.\nOf course, these aren’t recommendations I would make to someone looking for a long-term retirement portfolio. Cryptocurrencies with small market capitalizations arevery risky. I suggest investing in these if you are allocating a small portion of your portfolio (or if you have a very small portfolio) on the basis that theymightturn into something significant later. Crypto is referred to as a speculative asset for a reason, and investors should treat it as such.\nRegardless, if you have an appetite for risk and are willing to invest in these high-risk, high-reward assets, look into the following three cryptos to buy.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\n[{"NANO-USD": "TERA-USD", "Nano": "Terareum", "$0.76": "$0.0000000008956"}, {"NANO-USD": "DOGE-USD", "Nano": "Dogecoin", "$0.76": "$0.122"}]\nSource: Lucio Libanori / Shutterstock.com\nIf you have ever made a transaction using cryptocurrencies, you are most likely aware that most transactions require gas fees. In simple terms, you must pay the network a fee each time you transact on a blockchain. These fees can sometimes be very expensive, making crypto’s usability for day-to-day transactions almost impossible without using a third-party payment gateway.\nHowever,Nano(XNO-USD) is a cryptocurrency that eliminates fees. You do not have to pay anything to make transactions on Nano, and the blockchain processes transactions quickly. It is also agreen cryptocurrencyrequiring very little energy to run.\nOf course, there are downsides to Nano. The cryptocurrency only acts as a payment system and does not support Web3 development, yet. This means the blockchain does not allow developers to build applications or mint non-fungible tokens. However, Nano’s fast fee-less system can make it very appealing, if crypto becomes widely used for payments in the future. Thus, this is one of the cryptos to buy for multibagger gains.\nSource: WindAwake / Shutterstock\nTerareum(TERA-USD) is the native token of the upcomingTeraExchange, an exchange similar toBinanceandKuCoin. TeraExchange is currently registered and approved to function in the U.S., Dubai, and India, and is looking to expand into the EU, South Korea, and some South American countries. The centralized exchange is looking to launch its platform in Q4 2022, per itswebsite.\nIn addition, Terareum also has a cryptocurrency launchpad called Terapool. It is a platform that raises liquidity for new crypto projects but offers much lower rates than its competitors.\n“Other Cryptocurrency launchpads charge projects 20 – 30% of their raised capital investment. Terapool has the lowest launchpad fee of less than 3%, which is the lowest in the entire [c]ryptocurrency industry,” the Terareum websitestates.\nTerareum currently has a market cap of $16.3 million, which will likely increase once the exchange goes live on IOS, Android & Desktop. Thus, this can be a multibagger investment if the platform becomes popular in the future.\nSource: siberian_horse / Shutterstock.com\nAdmittedly, I have been pessimistic aboutDogecoin(DOGE-USD) in the past, as Elon Musk no longer had a meaningful long-term effect on its price with his tweets. However, with Musk now in charge ofTwitter(delisted on Friday), things are moving in the right direction once again for Dogecoin. DOGE is up almost 119% in the past 30 days after Twitter was purchased, as many people believe Elon Musk will integrate DOGE into the platform.\nThe prospect of that happening is very realistic, since Elon’s support for Dogecoin has been very persistent. It wouldn’t be surprising to see Twitter allowing payments or tipping through Dogecoin in the near future, which is why I believe DOGE could be a multibagger investment.\nThis current spike is likely to cool off, as **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-11-04 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $389,406,273,575 - Hash Rate: 236213410.7696033 - Transaction Count: 281515.0 - Unique Addresses: 689430.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.30 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: U.S. stocks sank lower in a choppy post-Labor Day session Tuesday as traders remained on edge ahead of the Federal Reserve's next policy move later this month. The benchmark S&P 500 fell 0.4%, while the Dow Jones Industrial Average declined by 0.5%, or about 170 points. The tech-heavy Nasdaq Composite led the declines, tumbling 0.7%. The moves come after three straight weeks of losses for the major averages. Losses across equities resumed following the release of fresh data that showed U.S. services activity gained momentum in August, a sign to investors that Fed officials may proceed with a heftier rate increase of 75 basis points September 21. The Institute for Supply Management reported its non-manufacturing PMI rose to a reading of 56.9 last month from 56.7 in July, the second straight monthly increase ofter a three-month decline. Immediately following the results, the CME FedWatch Tool reflected a new high in probability — a 74% chance — that the Federal Reserve will raise interest rates by another 0.75%. Treasury yields nudged higher as investors await the central bank's next move. The benchmark 10-year note climbed to 3.338%, while the 2-year Treasury note rose to yield 3.499%, its highest level since 2007. In commodity markets, oil prices edged lower after a temporary rally on the heels of the first supply cut by OPEC+ in more than a year as the group works to manage global crude markets. West Texas Intermediate crude oil fell to $86.77 per barrel while Brent futures ticked down to $92.65 per barrel. And on the cryptocurrency front, Bitcoin ( BTC-USD ) again slipped below the $20,000 level. Shares of Bed Bath & Beyond ( BBBY ) plunged 18.4% on Tuesday. Last week, the home-goods retailer announced in a strategic update that it would lay off staff and shutter approximately 150 stores as part of a turnaround effort for its struggling business. Reports surfaced this weekend that the company’s chief financial officer Gustavo Arnal died by suicide Friday afternoon after falling from a skyscraper in New York's Tribeca area known as the "Jenga" tower. Prior to his death, Arnal was named in a $1.2 billion shareholder lawsuit alleging involvement in a “pump and dump” scheme. Story continues A shopping cart is seen at a Bed Bath & Beyond store in Manhattan, New York City, U.S., June 29, 2022. REUTERS/Andrew Kelly (Andrew Kelly / reuters) "The company is in the early stages of evaluating the complaint but based on current knowledge the company believes the claims are without merit," a spokesperson for Bed Bath & Beyond told Yahoo Finance . Digital World Acquisition ( DWAC ) shares nosedived more than 11% after the special purpose acquisition company that was set to merge with former President Donald Trump’s social media platform failed to garner enough shareholder support to extend the deadline to complete the deal. The moves come after the Labor Department released its latest monthly jobs report for August on Friday. The U.S. economy added 315,000 jobs last as the unemployment rate rose to 3.7%, according to government data. “The modest slowdown in employment growth in August may be welcome by the Fed, but it won't prevent further sizable rate hikes in the months ahead,” Nancy Vanden Houten and Kathy Bostjancic of Oxford Economics said in a note Friday. “Fed Chair Powell made clear last week that the FOMC plans to push rates well into restrictive territory to bring down inflation and prevent an unmooring of inflation expectations.” Bank of America strategists led by Michael Hartnett warned on Friday of a “fast inflation shock” and “slow recession shock,” with investors anticipating continued monetary tightening by the Federal Reserve. — Alexandra Semenova is a reporter for Yahoo Finance. Follow her on Twitter @alexandraandnyc Click here for the latest trending stock tickers of the Yahoo Finance platform Click here for the latest stock market news and in-depth analysis, including events that move stocks Read the latest financial and business news from Yahoo Finance Download the Yahoo Finance app for Apple or Android Follow Yahoo Finance on Twitter , Facebook , Instagram , Flipboard , LinkedIn , and YouTube... - Reddit Posts (Sample): [['u/TomatilloFabulous602', '8 Years ago, $500,000 worth of bitcoin was distributed to MIT students', 20, '2022-11-04 01:03', 'https://www.reddit.com/r/CryptoCurrency/comments/ylj8qu/8_years_ago_500000_worth_of_bitcoin_was/', 'In 2014 two students of MIT Dan Elitzer the founder of MIT bitcoin club and Jeremy Rubin a computer science student launched a project aimed at making bitcoin a case study by students and professors to birth an ecosystem for digital currency in MIT. To begin the project the founder of MIT bitcoin club coupled with Jeremy Rubin was curious to know how students will spend bitcoin if given the chance to hold bitcoin. So they raised more than 500k with the assistance of the bitcoin community and MIT alumni which was enough to distribute 100 dollar worth of bitcoin (0.290272 BTC) each to 4,528 enrolled in the institution. This free bitcoin distribution made MIT campus the first place in the world to have widespread access to bitcoin.\n\nOn the 29th of October 2014, a survey that lasted for 5 days was hosted by the MIT Bitcoin club to enable students to claim their bitcoins. Students who received the free bitcoin had the option to spend it on books at the school library where bitcoin was accepted. And on Fireflies a program that enabled MIT students to crowdsource products and services for bitcoin.\n\n- A link below shows how students spent their money and the few who held the free bitcoin\n\nhttps://news.bitcoin.com/thousands-mit-students-free-bitcoin-2014-6-year-holders-13000-gains/\n\n- Giving-away free bitcoin to thousands of people is the best vehicle to Mass adoption\n\nhttps://www.coindesk.com/markets/2014/10/29/mit-undergrads-can-now-claim-their-free-100-in-bitcoin/', 'https://www.reddit.com/r/CryptoCurrency/comments/ylj8qu/8_years_ago_500000_worth_of_bitcoin_was/', 'ylj8qu', [['u/TruthSeeekeer', 17, '2022-11-04 01:11', 'https://www.reddit.com/r/CryptoCurrency/comments/ylj8qu/8_years_ago_500000_worth_of_bitcoin_was/iuyoyck/', 'I wish I attended MIT 8 years ago man. \n\nWhy didn’t past me be smarter?', 'ylj8qu']]], ['u/GhostOfMcAfee', 'Revisited: What TPS does Algorand need to be Sustainable?', 82, '2022-11-04 04:34', 'https://www.reddit.com/r/algorand/comments/ylnqks/revisited_what_tps_does_algorand_need_to_be/', 'So, about four months ago, an Algonaut made [this post on the official sub](https://www.reddit.com/r/AlgorandOfficial/comments/vvxb9e/what_tps_does_algorand_need_to_be_sustainable_by) trying to take a stab at figuring out what level of sustained, average TPS the Algorand network would need in order to be self-funding. Not knocking OP. I think he put in some work and was trying to make a good faith guess.\n\nUnfortunately, I think there are some significant assumption errors. Those assumptions, I believe, resulted in a highly overstated average TPS estimate. That, in turn, has unfortunately resulted in the post being used several times as a source for FUD ([such as this](https://www.reddit.com/r/CryptoCurrency/comments/w6z0lx/why_max_supply_is_often_a_lie) post on CC as well as a handful of comments). So, I decided to revisit the issue and provide an alternative estimate. I follow the same structure as the OP.\n\n​\n\n**How much does it cost to incentivize relay nodes?**\n\n[Blockdaemon](https://app.blockdaemon.com/) offers to set up a relay node for you for $2,999/ month, or \\~$36,000/yr. I also attempted to consider costs if you built one on AWS. For computing, I estimated a [1.4xlarge web computer](https://aws.amazon.com/ec2/pricing/on-demand/) (16 vCPU w/ 32 GB memory) with an on-demand pricing of $0.408/hr\\*24\\*365 = \\~$3,574/yr. For storage, we are currently at [around 1.5TB for mainnet](https://developer.algoscan.app) archival + indexer. I\'m going to go with a 3 TB of storage. At a cost of [$0.08/GB/month](https://aws.amazon.com/ebs/pricing/), that results in 3000\\*.08\\*12 = $2,880/yr. For network throughput, Algorand says during October 2022, main net relays were seeing between [10TB and 30TB of egress per month](https://developer.algorand.org/docs/run-a-node/setup/types/). So, I\'m just going with an 30TB plan for throughput. AWS ranges between $.08 and $.12 depending on location and whether it is the first 10TB or the next. I\'m just going to assume 30TB/month at the average cost of $.10/GB per month. That works out to $.10\\*30,000\\*12 = 36,000/yr. So, with this, we have two estimates: \\~$36k/year with Blockdaemon and \\~$42.5k through AWS. Let\'s use an average cost of $39.25k/year. (Note: a more accurate number would probably should include a variety of other cloud computing providers as well as costs to do this with hardware rented out at a data center. But, this at least gives us a decent estimate).\n\nNext, how many relays do we need? OP assumed we need 10,000 relay nodes to "achieve decentralization" based on a comparison to Bitcoin and Ethereum nodes. The problem in this assumption, however, is that relay nodes don\'t actually participate in consensus by proposing or voting on blocks. Instead, they act to allocate network traffic to the participation nodes. Relay nodes could not conspire to double spend. At best, they could slow the network a bit (but to what end?). So long as enough honest relays remain to allocate traffic, the network continues.\n\nSo, really, the issue of having sufficiently decentralized relays is about (1) opening them up so that they can be permissionless; and (2) ensuring there are a sufficiently large number that are globally distributed such that outages of even a large number of relays would not meaningfully slow the network. The first issue is being worked on through the community relay node program. The second issue is more of a judgment call. Right now, it works flawlessly with 100 relays. If the current 100 relays were entirely permissionless and community run, I doubt people would say this is a centralization problem. So again, what number do we think is a good minimum? My suggestion is 200. Why? Because it is a number that would ensure the number of newly added permissionless relays is comparable to those run by early adopters/insiders. Further, it adds a 100% redundancy to a system that has already shown itself to be incredibly resilient.\n\nSo 200 relays \\* $39.25k = $7,870,000/year. Finally, I\'m going to add a 15% "profit factor" onto this since I don\'t think that merely breaking even is enough given how different it is from a participation node. Instead, there should be an economic incentive to run them. So, $7.87M \\* 1.15 = $9,050,500.\n\n​\n\n**How much does it cost to incentivize participation nodes?**\n\nFirst comes the question of whether we must do this. Running a participation node is a relatively modest cost both in terms of money and time. Individuals and institutions with a significant stake are inherently incentivized to run participation node to secure the network, especially given the PPoS model. That is in part why even without incentives, Algo has [over 1,600 participation nodes](https://metrics.algorand.org/#/decentralization/), while incentivized chains with larger market caps that use a different PoS model still either have less nodes or don\'t outpace Algo by some crazy amount (e.g. [Cardano at \\~2,500](https://cardano.stackexchange.com/questions/7797/how-many-validator-nodes-on-cardano); [Solana at \\~1,900](https://solana.com/news/validator-health-report-august-2022); [Avalanche at \\~1,200](https://stats.avax.network/dashboard/network-status/)). But, let\'s start from the assumption that you need to make it so that some minimum number of participation nodes should break even.\n\nSo, how much does it cost? Well, if you want to be really frugal, the answer is $0. Yes, you read that right. ***You can run a participation node for absolutely no cost.*** How you say? Well, give thanks to u/d13co for putting together [this guide on how to run a participation node for free](https://d13.co/set-up-algorand-participation-node-on-oracle-cloud-free/) on Oracle Cloud\'s basic free cloud computing service. There are other free cloud computing services that may work.\n\nZero dollars on a cloud is nice, but it\'s not ideal for **all** nodes to be on cloud servers since that creates a problem if a big cloud provider goes down for a bit of time. So let\'s consider hardware nodes. Currently Raspberry Pi\'s with 8gb of RAM will suffice (though they will struggle after the upgrade to 6k TPS). Given that, let\'s try to plan for future proofing. Further, let\'s assume we want at least 2/3rds of all participation nodes to be hardware nodes.\n\nLet\'s assume we are running the participation node on a dedicated mini-pc that far exceeds current requirements. You can get those for less than [$600](https://www.newegg.com/asus-pn50-business-desktops-workstations/p/1VK-001S-00KY6?Description=ASUS%20PN50%20Mini%20PC,%20AMD%20Ryzen%207%204700U%20Upto%204.1GHz,%2016GB%20RAM,%20512GB%20NVMe%20SSD%20+%201TB%20HDD,%20HDMI,%20DIsplayPort,%20DisplayPort%20via%20USB-C,%20Card%20Reader,%20Wi-Fi,%20Bluetooth,%20Windows%2011%20Pro&cm_re=ASUS_PN50%20Mini%20PC,%20AMD%20Ryzen%207%204700U%20Upto%204.1GHz,%2016GB%20RAM,%20512GB%20NVMe%20SSD%20+%201TB%20HDD,%20HDMI,%20DIsplayPort,%20DisplayPort%20via%20USB-C,%20Card%20Reader,%20Wi-Fi,%20Bluetooth,%20Windows%2011%20Pro-_-9SIAA0SJJ03086-_-Product&quicklink=true). Let\'s also include a conservative estimated life cycle of 5 years. Let\'s also consider a [normal stress load of 18W](https://www.kitguru.net/desktop-pc/andrew-munro/asus-pn50-mini-pc-review/4/) and a current [average kWh price of $0.167](https://www.bls.gov/regions/midwest/data/averageenergyprices_selectedareas_table.htm). I\'m going to assume an average internet cost of $0. Given the high capacity of internet connections now for things like streaming, most people don\'t need to buy extra internet connection for participation nodes. If bandwidth is an issue such that it costs a lot, see ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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) -- Australia, the developed world\x92s top polluter, will be an \x93active\x94 and \x93willing\x94 participant at an upcoming United Nations-led climate conference in Egypt, Energy Minister Chris Bowen said, even as the country\x92s exports of dirty fuels soar. Most Read from Bloomberg Twitter Now Asks Some Fired Workers to Please Come Back Putin\x92s Ukraine War Is Entering a Terrifying New Phase Ukraine Latest: US and Russia Discussed Containing War, WSJ Says Lawyer Suing Twitter Over Layoffs Says Musk Trying to Comply Houston Mogul\x92s $75 Million Win on Astros Hits Caesars Hardest The COP27 event is \x93an important opportunity to talk about what Australia brings to the table,\x94 Bowen, also minister for climate change, told a press conference in Sydney Saturday. \x93It\x92s an important opportunity to help the rest of the world, to take the next step forward.\x94 Australia continues to earn a windfall from coal: prices have skyrocketed to records and futures contracts suggest they\x92ll remain at historic highs for years to come. Benchmark Newcastle coal futures Friday closed at $349 a ton, more than five times higher than two years ago. Forward contracts are mostly above $260 a ton through 2027. Not a single forward contract was above $75 just two years ago. The cabinet has agreed to bid to host the COP31 gathering in 2026 as Australia hopes to drive clean energy in coming years, Bowen said. The resource-heavy nation is the largest carbon emitter per capita in the developed world, largely due to its addiction to coal and fossil fuels both at home and for exports. \x93This will be an opportunity, if we win the bid, to show Australia\x92s capacity to help the world as a renewable energy powerhouse,\x94 he said. \x93It\x92s an opportunity to work closely with our Pacific family, and we will seek to co-host the bid with the Pacific to help elevate the case of the Pacific for more climate action.\x94 The political narrative in Australia transformed in favor of renewables after a national election in May that put the Labor party in power and handed gains to the Green party and several independent lawmakers who campaigned on environmental platforms. New Prime Minister Anthony Albanese pledged to end climate wars and followed up his election promises by introducing a Climate Change Bill aimed at cutting emissions 43% by 2030 from 2005 levels. Most Read from Bloomberg Businessweek El Salvador\x92s $300 Million Bitcoin \x91Revolution\x92 Is Failing Miserably US Housing Hit by Spiraling Mortgage Rates as Inflation Persists Yeezy Roller Coaster Ended With Two-Minute Phone Call at Adidas Fast Fashion Waste Is Choking Developing Countries With Mountains of Trash These Five Women Are Helping Doctors Crack the Long-Covid Mystery ©2022 Bloomberg L.P. View comments', '(Bloomberg) -- Australia, the developed world\x92s top polluter, will be an \x93active\x94 and \x93willing\x94 participant at an upcoming United Nations-led climate conference in Egypt, Energy Minister Chris Bowen said, even as the country\x92s exports of dirty fuels soar. Most Read from Bloomberg Twitter Now Asks Some Fired Workers to Please Come Back Putin\x92s Ukraine War Is Entering a Terrifying New Phase Ukraine Latest: US and Russia Discussed Containing War, WSJ Says Lawyer Suing Twitter Over Layoffs Says Musk Trying to Comply Houston Mogul\x92s $75 Million Win on Astros Hits Caesars Hardest The COP27 event is \x93an important opportunity to talk about what Australia brings to the table,\x94 Bowen, also minister for climate change, told a press conference in Sydney Saturday. \x93It\x92s an important opportunity to help the rest of the world, to take the next step forward.\x94 Australia continues to earn a windfall from coal: prices have skyrocketed to records and futures contracts suggest they\x92ll remain at historic highs for years to come. Benchmark Newcastle coal futures Friday closed at $349 a ton, more than five times higher than two years ago. Forward contracts are mostly above $260 a ton through 2027. Not a single forward contract was above $75 just two years ago. The cabinet has agreed to bid to host the COP31 gathering in 2026 as Australia hopes to drive clean energy in coming years, Bowen said. The resource-heavy nation is the largest carbon emitter per capita in the developed world, largely due to its addiction to coal and fossil fuels both at home and for exports. \x93This will be an opportunity, if we win the bid, to show Australia\x92s capacity to help the world as a renewable energy powerhouse,\x94 he said. \x93It\x92s an opportunity to work closely with our Pacific family, and we will seek to co-host the bid with the Pacific to help elevate the case of the Pacific for more climate action.\x94 The political narrative in Australia transformed in favor of renewables after a national election in May that put the Labor party in power and handed gains to the Green party and several independent lawmakers who campaigned on environmental platforms. New Prime Minister Anthony Albanese pledged to end climate wars and followed up his election promises by introducing a Climate Change Bill aimed at cutting emissions 43% by 2030 from 2005 levels. Most Read from Bloomberg Businessweek El Salvador\x92s $300 Million Bitcoin \x91Revolution\x92 Is Failing Miserably US Housing Hit by Spiraling Mortgage Rates as Inflation Persists Yeezy Roller Coaster Ended With Two-Minute Phone Call at Adidas Fast Fashion Waste Is Choking Developing Countries With Mountains of Trash These Five Women Are Helping Doctors Crack the Long-Covid Mystery ©2022 Bloomberg L.P. View comments', '(Bloomberg) -- Elon Musk’s broad-based cuts at Twitter Inc. are leading current and former employees to question whether the social network will have the resources to keep crucial systems like content moderation running effectively, including during the US midterm elections on Tuesday. Most Read from Bloomberg Twitter Now Asks Some Fired Workers to Please Come Back Putin’s Ukraine War Is Entering a Terrifying New Phase Ukraine Latest: US and Russia Discussed Containing War, WSJ Says Lawyer Suing Twitter Over Layoffs Says Musk Trying to Comply Houston Mogul’s $75 Million Win on Astros Hits Caesars Hardest Musk on Thursday and Friday slashed over half the staff, affecting almost every team at the company. Product and engineering teams were gutted by well over 50%, according to two people with knowledge of the matter, and other groups — like communications, marketing, human rights and diversity — were almost completely eliminated. Those who were suddenly restricted from email and Slack were left frantically messaging in outside Signal and chat groups to understand who was still employed, said the people, who requested anonymity discussing non-public information. “It’s like a fire,” said one former worker. “People are looking for survivors.” This person asked not to be identified for fear of retribution. The dramatic scaling down of the company’s staff immediately drew scrutiny from Twitter insiders, outside groups and disinformation watchers, who say it’s unclear how Twitter will manage its sprawling network, which has an outsized impact on global political and cultural conversation, with far fewer people at the helm. Twitter has historically been a major tool for following news during elections, as the first place information gets reported before it ends up on television or other social networks. Now, the site “has been massively disrupted,” becoming vulnerable to problems during high-traffic moments, or coordinated disinformation campaigns, said Dr. Kate Starbird, an associate professor at the University of Washington and co-founder of the Center for an Informed Public. “Some of the ways that that platform worked yesterday are not going to be the ways that they work today, tomorrow and going into the election on Tuesday.” Story continues Twitter’s curation team, which wrote context for trending topics and worked with media groups to publish content that fact-checked major news events, has been dissolved, two people say. The legal policy team, which removes content based on government and legal requests and reviews law enforcement inquiries for user data, faced “massive cuts,” according to a person familiar with the matter. The communications team at Twitter, responsible for engaging with journalists and putting out press releases, was cut from nearly 100 people to two, other people said. The partners team, which builds and maintains relationships with celebrity users, like athletes, actors and musicians, was almost completely eliminated. Also fueling the tension over the lack of content controls is Musk’s plan to allow anyone to pay for a verification check mark on Twitter as soon as Monday, as part of a new initiative to drive revenue through subscriptions to Twitter Blue, its premium product. If enacted as planned, it would mean anyone would be able to pay $8 to have their account look more legitimate, adding a risk they would impersonate candidates or government entities. “The combination of massive layoffs, along with the end of verified users less than a week before the US election takes place, creates a combustible situation that could burst into flames at any point,“ said Melissa Ryan, chief executive officer of Card Strategies, a consulting firm that researches disinformation. “Bad actors have a new tool to spread disinformation, harm, and cause chaos, and Twitter now lacks the capacity and institutional memory to deal with the inevitable problems.” Read more: How social media is helping midterm candidates spread the Big Lie Beyond the election, if Twitter becomes more vulnerable to bad actors, the company’s bottom line could be affected. Already, some advertisers have paused spending or expressed concern about the period of uncertainty. Musk tweeted Friday morning that “Twitter has had a massive drop in revenue, due to activist groups pressuring advertisers, even thou **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-11-05 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $405,126,087,562 - Hash Rate: 276497868.4202333 - Transaction Count: 257198.0 - Unique Addresses: 648416.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.38 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Good morning. Here’s what’s happening: Prices: Bitcoin has a rare day to celebrate, surging past $20K; ether surpasses $1.5K. Axie's AXS tokens get swept up in short squeeze despite the risk that some recipients of an "unlock" might soon move to dump their holdings. Insights: Chinese intelligence officers attempted to use bitcoin to bribe an undercover FBI agent. 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 Has a Rare Swing Upwards By James Rubin After weeks in the doldrums, bitcoin finally swung higher Tuesday. The largest cryptocurrency by market capitalization was recently trading at about $20,300, up nearly 5% over the past 24 hours as chronically risk-averse investors drew encouragement from a number of big brands’ third-quarter earnings reports. BTC last topped $20,000 on Oct. 5. "Volatility returned to crypto markets," wrote research group Fundstrat in its daily crypto report. Ether ( ETH ) was even more buoyant, sprinting past $1,500, up more than 11%, to its highest level since the underlying Ethereum blockchain's Merge last month. The technological overhaul on Sept. 15 shifted the protocol from proof-of-work to more energy-efficient proof-of-stake. Other major altcoins were solidly in the green, with ADA and SOL recently rising more than 13% and 11%, respectively. UNI, the native token of the Uniswap decentralized exchange, recently jumped more than 8%. Axie Infinity, a crypto gaming project, unlocked millions of previously restricted AXS tokens for sale, and the early indication from blockchain data was that some recipients were preparing to dump the holdings . But the AXS price rose instead of falling because the day's crypto rally triggered a short squeeze. The CoinDesk Market Index (CMI) , a broad-based market index that measures the performance of a basket of cryptocurrencies, climbed 5.59% over the past 24 hours. Story continues BTC’s surge could be attributed to “limited volatility in the past month” and “a market looking for signs of life,” wrote Riyad Carey, a research analyst at crypto data firm Kaiko. In traditional markets, U.S. stocks continued their recent winning ways, rising for a third consecutive day as investors savored the upbeat third-quarter earnings reports from the likes of Coca-Cola and automotive giant GM. The tech-focused Nasdaq jumped 2.2%, while the S&P 500, which has a strong tech component, and Dow Jones Industrial Average (DJIA) climbed 1.6% and 1.1%, respectively. The earnings season continues, with embattled social media monolith Meta reporting its latest quarterly results on Wednesday. Tech firms have been among the hardest hit in this year’s stock bloodbath. Following two consecutive monthly gains, the widely watched Conference Board Consumer Confidence Index sank. “Consumers’ expectations regarding the short-term outlook remained dismal,” said Lynn Franco, senior director of economic indicators at the Conference Board. Investors will scrutinize housing starts and durable goods orders on Wednesday and the University of Michigan’s monthly Consumer Sentiment Index on Friday. Insights China's Bitcoin-Funded Intelligence Operation Is All About the Chips By Sam Reynolds Crypto seems to be at the center of many espionage and counter-intelligence operations , and a recent case involving two intelligence officers from the People's Republic of China caught on U.S. soil trying to bribe an undercover FBI agent with bitcoin just continues the trend. The unsealed deposition presented Monday by the U.S. Department of Justice shows the two spies were likely operating at the behest of Huawei as the timeline correlates to Huawei’s case in the U.S. a few years ago. With unspecific language, it shows that the intelligence officers were trying to get nonpublic information about the U.S. government’s investigations into Huawei. So what exactly were these spies after? Chip supply on everyone’s mind At the time, of special concern to Huawei would be how potential charges might affect its supply of high-end semiconductors, which are largely U.S. designed and manufactured on equipment that’s U.S. made. Huawei and officials in Beijing knew that the U.S. officials had already banned the export of Intel’s supercomputing grade Xeon chips, used in data centers, to some of China’s largest universities, on the pretense that they were being used to assist nuclear weapons research in 2015. Were officials planning on also creating a scheme that would invoke an export ban for chips to companies that were found guilty of criminality? What about a general chip ban to China on the grounds of national security? These were questions to which a source in the FBI would likely have answers. Eventually, Beijing’s worst fears were realized. Huawei was included in revised guidelines covered by the U.S. Department of Commerce Bureau of Industry and Security (BIS) in 2019, which has severely complicated its ability to participate in the global semiconductor supply chain. BIS is responsible for protecting U.S. national security and foreign policy interests related to export licensing policies and procedures. In 2020, the world’s leading semiconductor fabrication company, Taiwan Semiconductor, stopped accepting Huawei orders, cutting the company off from the ability to produce its chips with the latest technology. The U.S. government’s case against Huawei was paused when the company’s chief financial officer entered into a deferred prosecution deal as of Sept. 24, 2021 . With the DPA, the CFO admitted to criminal wrongdoing (but not guilt) in exchange for the charges to be stayed. A DPA does not mean the trial has been concluded. Think of it as probation, which expires this coming December . Charges can be re-issued – and admissions used as evidence – should the company or anyone named violate the agreed-upon terms. If everyone behaves, the charges get dismissed when the DPA expires. As such, the intelligence officers kept their communication with the FBI agent active throughout late 2021 and into 2022. Among China watchers and industry analysts, it was well known that the DOJ’s investigation remained ongoing. The officers could have also been looking for an early warning on future export bans. Other charges? We don’t yet know if the DOJ will announce another series of charges against Huawei. What we do know, however, is that in the last year the Chinese semiconductor industry has been hit hard by another round of sanctions. New export curbs prohibit U.S. nationals from working at Chinese semiconductor companies. The fastest chips from Nvidia , which can be used to run the latest artificial intelligence (AI) and deep learning algorithms, have been prohibited from being exported to China (which impacts Huawei’s high-performance computer division). Even domestically made-in-China competitors to Nvidia's chips can’t be fabricated because TSMC’s compliance department is too spooked to allow it on their fabs. All these are things that Huawei and its counterparts in PRC state security would have loved to get a heads-up on, especially as they all are pieces of a larger puzzle on a trial against the company that might happen in the coming months. But it seems like all they got for their bitcoin was a lot of disinfo, designed to disrupt their intelligence-gathering efforts and obscure true intent. And once again bitcoin played a pivotal role in all of this. Important events 8:30 a.m. HKT/SGT(00:30 UTC) Australia's Consumer Price Index (QoQ) (Sept) 10:00 p.m. HKT/SGT(14:00UTC) United States New Home Sales (MoM) (Sept) 10:00 p.m. HKT/SGT(14:00 UTC) Bank of Canada Monetary Policy Report CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Rishi Sunak Becomes UK Prime Minister; Bitcoin and Ether Remain in Tight Price Range Millicent Labs co-founder Kene Ezeji-Okoye weighed in on Rishi Sunak becoming Britain's third prime minister in less than two months. What could it mean for the future of U.K. crypto regulation? Plus, TradeStation Crypto's Anthony Rousseau dove into the latest market action and Matrixport discussed the future of Ethereum after the Merge. Headlines Central Bank of Turkey Plans to Launch a CBDC in 2023: The proposal was mentioned in the executive branch's annual plan presented on Monday. UK Lawmakers Vote to Recognize Crypto as Regulated Financial Instruments: The lower house of the Parliament voted in favor of adding crypto to the scope of activities to be regulated via the proposed Financial Services and Markets Bill – which already seeks to extend payments rules to stablecoins. Chinese 'Spies' Used Wasabi Wallet to Try to Conceal Bitcoin Bribes, Elliptic Says: Analysis by the crypto analytics firm showed that all the bitcoin bribes originated from the coin mixing wallet. Fan Tokens of Peruvian, Spanish and Brazilian National Soccer Teams Rally as FIFA World Cup Nears: While the tokens don't represent ownership of national teams, they provide holders access to several fan-specific perks. Bloomberg's Matt Levine Writes 40,000-Word Article on Crypto: It's the only article this week in Businessweek, just the second time the magazine has been filled by a single piece. Polygon's MATIC Closes In on $1 Level After Recent Breakout, Chart Analysts: The token has cleared daily cloud resistance and its 200-day moving average in a short-term bullish development, one observer said.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['(Bloomberg) -- Former President Barack Obama teamed up with President Joe Biden to warn of the consequences of Republican gains in midterm elections three days from now that are shaping up as potentially grim for Democrats. Most Read from Bloomberg Twitter Now Asks Some Fired Workers to Please Come Back Houston Mogul\x92s $75 Million Win on Astros Hits Caesars Hardest Ukraine Latest: US and Russia Discussed Containing War, WSJ Says Putin\x92s Ukraine War Is Entering a Terrifying New Phase Methane Cloud Spotted by Satellite Near India Waste Site Obama, in a speech to a pumped-up crowd in Philadelphia aimed at boosting Democratic Senate candidate John Fetterman, accused Republicans of resorting to politics of fear. \x93They want to scare the living daylights out of everybody,\x94 Obama said. \x93And most of the time, those fears have a very slender relationship to reality.\x94 Biden drew on his deep ties to his birth state of Pennsylvania to underpin sharp criticism of Fetterman\x92s Republican opponent, celebrity physician Mehmet Oz. \x93I know Pennsylvania well, and John Fetterman is Pennsylvania,\x94 Biden said. \x93And Oz in Pennsylvania? Look, I lived in Pennsylvania longer than Oz has lived in Pennsylvania, and I moved away when I was 10 years old,\x94 he added. With Democrats\x92 prospects for holding on to their congressional majorities fading, Obama and Biden made their first joint campaign appearance since 2020. Oz trailed Fetterman by double digits as recently as September, but polls now have him running neck-and-neck with the Democrat, who suffered a stroke in May. Obama and Biden were all smiles as they entered Saturday\x92s event together, briefly locking arms before Biden spoke. The rally was livelier than many of the other midterm campaign events staged by Biden, who has largely eschewed the format. \x93This crowd\x92s so loud I think they could hear us in Latrobe,\x94 Biden said, referring to the southwest Pennsylvania town where former President Donald Trump is holding a rally Saturday for Oz. \x93They\x92re going to hear us. They\x92re going to hear us on Tuesday.\x94 Story continues Trump arrived to his rally in his refurbished aircraft emblazoned with \x93Trump,\x94 which he used as the backdrop for his speech and said the choice in Tuesday\x92s election is to \x93end this madness\x94 under Democratic leadership or saving the American dream by voting \x93in a giant red wave.\x94 The Democrats\x92 rally was held in a sports arena on the campus of Temple University, where modern pop music blared over the loudspeakers to warm up the crowd. Biden appeared to feed off the energy. There were 7,500 people in the audience, according to the White House. Biden ceded the role of closer to Obama -- still his party\x92s most electric public speaker -- who spoke after the president, Fetterman and Democratic gubernatorial nominee Josh Shapiro. Obama shushed the crowd several times when they started booing at the mention of GOP candidates, telling them at one point, \x93They can\x92t hear you boo, but they\x92ll hear your vote.\x94 Obama pleaded with attendees to encourage their friends and family to vote, warning that losing the elections could spell doom for Democrats\x92 agenda. He pointed to the losses his party suffered in 2010, which he labeled a \x93shellacking\x94 at the time, and in 2014. \x93When I was president, I got my butt whupped in midterm elections,\x94 Obama said. \x93I\x92m not big on looking backwards, but sometimes I can\x92t help imagine what it would have been like if enough people had turned out to vote in those elections.\x94 \x93A president can\x92t do stuff alone. That\x92s not how our system is set up,\x94 he said. \x93So what happens in the House, what happens in the Senate is vitally critical.\x94 Obama accused Republicans of \x93doing everything they can to prevent you from voting.\x94 \x93This is one of the only major parties worldwide that actively tries to discourage citizens from voting,\x94 he said. Biden called the Nov. 8 vote \x93one of the most important elections in our lifetime,\x94 adding that the outcome \x93is going to shape our country for decades to come. And the power to shape that outcome is in your hands.\x94 Biden\x92s appearance alongside Fetterman comes as the president was admonished Saturday by West Virginia Senator Joe Manchin for comments the president made a day earlier in California about shutting down coal plants. Neighboring West Virginia is the no. 2 US coal-producing state. Pennsylvania is the third-largest. Biden didn\x92t address the spat with Manchin in his remarks, but White House Press Secretary Karine Jean-Pierre said in a statement Saturday that the comments had \x93been twisted to suggest a meaning that was not intended.\x94 Read more: White House Defends Biden\x92s End-of-Coal Comments Manchin Derided Stubbornly high inflation has been a drag on Biden\x92s approval ratings and limited his ability to stump for candidates in competitive races. Obama, who has largely shied away from politics since leaving office, has by contrast emerged as a powerful draw for Democratic candidates in key races. Obama has stumped on behalf of incumbent Democratic senators Raphael Warnock in Georgia and Catherine Cortez Masto in Nevada, two states Biden has steered clear of. Keeping those seats is critical to Democrats\x92 bid to retain control of the Senate, which is now split 50-50. According to YouGov, Obama is currently the most popular Democrat, ranking above Biden, Senator Bernie Sanders and former President Bill Clinton. Read more: Unpopular Biden Shuns Obama-Trump Midterm Travel Strategy Republicans are favored to win a House majority, while the battle for the Senate is a dead heat, according to a FiveThirtyEight analysis. Senate control could turn on the outcome of the Pennsylvania Senate contest, once viewed as a strong pickup opportunity for Democrats following Republican Senator Pat Toomey\x92s retirement. Read more: Three Presidents, One Senate Race: All Eyes on Pennsylvania Oz has raised questions about Fetterman\x92s health and fitness to serve after his opponent\x92s stroke. A rocky debate performance last month further dimmed Fetterman\x92s chances and enhanced national-level efforts to help him win. Fetterman joked about Obama\x92s rhetorical skills and shot back at Oz\x92s attacks in his remarks Saturday. \x93So, hey, did somebody ever hear that I had a stroke. Dr. Oz never lets me forget that,\x94 he said, adding, \x93Let me tell you, anyone in recovery of having a stroke, the worst guy you have to go before, Barack Obama coming up has got to be the worst. The GOAT.\x94 --With assistance from Mark Niquette. (Adds Trump comment in 12th paragraph) Most Read from Bloomberg Businessweek Seizing a Russian Superyacht Is Much More Complicated Than You Think El Salvador\x92s $300 Million Bitcoin \x91Revolution\x92 Is Failing Miserably US Housing Hit by Spiraling Mortgage Rates as Inflation Persists Yeezy Roller Coaster Ended With Two-Minute Phone Call at Adidas Fast Fashion Waste Is Choking Developing Countries With Mountains of Trash ©2022 Bloomberg L.P.', '(Bloomberg) -- Former President Barack Obama teamed up with President Joe Biden to warn of the consequences of Republican gains in midterm elections three days from now that are shaping up as potentially grim for Democrats. Most Read from Bloomberg Twitter Now Asks Some Fired Workers to Please Come Back Houston Mogul\x92s $75 Million Win on Astros Hits Caesars Hardest Ukraine Latest: US and Russia Discussed Containing War, WSJ Says Putin\x92s Ukraine War Is Entering a Terrifying New Phase Methane Cloud Spotted by Satellite Near India Waste Site Obama, in a speech to a pumped-up crowd in Philadelphia aimed at boosting Democratic Senate candidate John Fetterman, accused Republicans of resorting to politics of fear. \x93They want to scare the living daylights out of everybody,\x94 Obama said. \x93And most of the time, those fears have a very slender relationship to reality.\x94 Biden drew on his deep ties to his birth state of Pennsylvania to underpin sharp criticism of Fetterman\x92s Republican opponent, celebrity physician Mehmet Oz. \x93I know Pennsylvania well, and John Fetterman is Pennsylvania,\x94 Biden said. \x93And Oz in Pennsylvania? Look, I lived in Pennsylvania longer than Oz has lived in Pennsylvania, and I moved away when I was 10 years old,\x94 he added. With Democrats\x92 prospects for holding on to their congressional majorities fading, Obama and Biden made their first joint campaign appearance since 2020. Oz trailed Fetterman by double digits as recently as September, but polls now have him running neck-and-neck with the Democrat, who suffered a stroke in May. Obama and Biden were all smiles as they entered Saturday\x92s event together, briefly locking arms before Biden spoke. The rally was livelier than many of the other midterm campaign events staged by Biden, who has largely eschewed the format. \x93This crowd\x92s so loud I think they could hear us in Latrobe,\x94 Biden said, referring to the southwest Pennsylvania town where former President Donald Trump is holding a rally Saturday for Oz. \x93They\x92re going to hear us. They\x92re going to hear us on Tuesday.\x94 Story continues Trump arrived to his rally in his refurbished aircraft emblazoned with \x93Trump,\x94 which he used as the backdrop for his speech and said the choice in Tuesday\x92s election is to \x93end this madness\x94 under Democratic leadership or saving the American dream by voting \x93in a giant red wave.\x94 The Democrats\x92 rally was held in a sports arena on the campus of Temple University, where modern pop music blared over the loudspeakers to warm up the crowd. Biden appeared to feed off the energy. There were 7,500 people in the audience, according to the White House. Biden ceded the role of closer to Obama -- still his party\x92s most electric public speaker -- who spoke after the president, Fe **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-11-06 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $408,940,666,881 - Hash Rate: 250862304.46074155 - Transaction Count: 223404.0 - Unique Addresses: 577334.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.40 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: * Japan buys yen to halt runaway dollar * Long bonds tank as higher-for-longer message sinks in * MSCI AxJ index eyes 3% drop this week By Tom Westbrook SYDNEY, Sept 23 (Reuters) - Asian stocks limped toward a fourth straight weekly decline on Friday and bonds nursed big losses as investors scrambled to catch up with the U.S. Federal Reserve's interest rate outlook, while currency markets were on edge at the end of a wild week. Fed members' projections for aggressive hikes and persistently high rates over the next year or so has unleashed another round of dollar buying that put other assets on the run. World stocks hit two-year lows on Thursday and are down 3% this week. The euro and yen fell to 20-year lows and on Thursday, Japanese authorities stepped in to the market for the first time since 1998 to buy yen and arrest its slide. The resultant spike has the yen up to 142.20 per dollar and on course for its best week in more than a month and has, for now, tapped the brakes on broader dollar gains. In regional markets MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.5% to a two-year low. It is down 3% this week. Japan's Nikkei was closed for a public holiday marking the autumn equinox. Overnight, Wall Street indexes fell and longer-dated U.S. Treasuries were dumped - sending the 10-year yield up about 20 basis points to 3.71% - as traders tried to adjust to the prospect of U.S. interest rates above 4% for some time. "The 10-year was playing catch up to the newly calibrated cash rate," said Westpac's head of rates strategy, Damien McColough, in Sydney. "If you believe the front-end is going to peak at 4.60% can you really sustain 10-year bond yields at 3.70%?" he said. "It's very skittish price action ... I think that this volatility continues in all markets in the near term (until) the rates market settles." S&P 500 futures drifted 0.1% higher and European futures rose 0.4% early in the Asia session. INTERVENTION Interest rates are rising sharply almost everywhere in the world, with Britain, Sweden, Switzerland and Norway among hikers this week - driving heavy selling in European bond markets, particularly of gilts. But the Fed's outlook has overshadowed that in the currency market as both safety flows and higher yields help the greenback, while an energy crisis and war on the doorstep weighs down the euro. Preliminary manufacturing surveys in Europe and Britain's new finance minister announcing his "Growth Plan" highlight the day ahead. The euro was last at $0.9844, a fraction over Thursday's 20-year trough at $0.9807 -- although all eyes are on the yen. Story continues Japan has not disclosed the size or details of its yen buying, but dollar/yen took two large legs lower during late Asia and London trading on Thursday and the risk of another is probably enough to scare off speculators for a while. "It changes the market dynamic in terms of risks-reward for short-term players," said UBS strategist James Malcolm. The Australian and New Zealand dollars hovered near their lowest levels since mid 2020, with the Aussie last at $0.6638 and the kiwi at $0.5852. Sterling was parked by its lowest in nearly four decades at $1.1226. China's yuan, at 7.0964 per dollar in offshore trade on Friday, is near its lowest in more than two years and within striking distance of a record low. In commodity markets oil is eying a small weekly loss as rate hikes raise demand concerns. Brent crude futures hovered at $90.58 in Asia on Friday. Gold, which pays no income, has suffered as U.S. yields have gone up and it was last flat at $1,671 an ounce. Bitcoin has been likewise battered amidst the flight from risky assets and held at $19,322. (Editing by Sam Holmes) View comments... - Reddit Posts (Sample): [['u/iambrian81', 'Trump attacked DeSantis by calling him "Ron DeSanctimonious"', 10, '2022-11-06 01:54', 'https://www.reddit.com/r/BreakingPoints/comments/ync8lm/trump_attacked_desantis_by_calling_him_ron/', 'Tbh, this nickname isnt that funny. Trump is losing his touch. The other day, an msnbc host called Desantis "ron Destupid" lol. That\'s a MUCH better nickname lol.\n\n[https://twitter.com/NoLieWithBTC/status/1589053870084587520](https://twitter.com/NoLieWithBTC/status/1589053870084587520)', 'https://www.reddit.com/r/BreakingPoints/comments/ync8lm/trump_attacked_desantis_by_calling_him_ron/', 'ync8lm', [['u/NeuroticKnight', 14, '2022-11-06 02:32', 'https://www.reddit.com/r/BreakingPoints/comments/ync8lm/trump_attacked_desantis_by_calling_him_ron/iv88tuf/', 'Too many syllables for Trump.', 'ync8lm'], ['u/Initial-Neck3274', 11, '2022-11-06 05:45', 'https://www.reddit.com/r/BreakingPoints/comments/ync8lm/trump_attacked_desantis_by_calling_him_ron/iv8wewg/', "I dislike DeSatan so much I'd LOVE to see Trump take him down. Did you see DeSantis in the debate? that frozen odd look? Trump would definitely eat him alive and I'd love to see it. and Trump disgusts me like no tomorrow but in this case... It would be pure delight. DeSantis and his stunts are so awful... I can't believe that he will be re elected in a few days but I know he will because something has happened to our beautiful Florida.... it has become filled with people who are so easily misled.", 'ync8lm']]], ['u/HumbleWarthog3601', 'I just came back from the year 2052', 22, '2022-11-06 02:34', 'https://www.reddit.com/r/QuantNetwork/comments/ynd3my/i_just_came_back_from_the_year_2052/', 'And the price of QNT is 161.45, it actually made it to 1,430,374.88 in 2031 but no one sold. When asked why, a smug QNT holder shilled 63 1 hour YouTube videos and referred them to the Link sub for paper handing. Link was trading at .33 after they kept dumping more and more on their clients. \n\nBTC assumed world dominance in 2033 however, Satoshi was revealed to be Nancy Pelosi and everyone lost faith in the king of crypto and the whole crypto market collapsed and went into turmoil. \n\nIt was thought that ETH and Doge were going to take the reigns however, it was discovered that Vitalik, Elon and Zuck were actually lizard people from the dark side of Mars attempting to colonize a labor force to mine lithium via avatars and space trucks. This ensued the decade long space war which earth won thanks to insight from a Florida Man. Earth lead the lizard army to Canada where the lizards froze in place because “he seen it happen that one time”. The lizard army is now being held in a museum guarded by Link Marines as a compensation for just sort of filling the void til Ripple was cleared.\n\nQNT reached another ATH of 1,679,621,718.99 in 2048 and again no one sold. In a pleaded attempt to get Sub 100 holders to sell, they simple responded that “one simply does not sell Quant”. In an unexpected move even that QNT TA guy said RSI finally cooled off and called for a new high. Regrettably all QNT holders held their bags all the way back down to 45. WeN tHey hiT45 they were greeted by an old friend who had been living under a bridge for the past 26 years. \n\nUltimately from the ashes, LTC and ICP merged and became the king of all crypto. They are only accessible on the Squid Exchange, which is controlled by the FED.', 'https://www.reddit.com/r/QuantNetwork/comments/ynd3my/i_just_came_back_from_the_year_2052/', 'ynd3my', [['u/punx926', 41, '2022-11-06 02:43', 'https://www.reddit.com/r/QuantNetwork/comments/ynd3my/i_just_came_back_from_the_year_2052/iv8acbe/', 'Get outside smell some fresh air', 'ynd3my'], ['u/BoatGoingUphill', 18, '2022-11-06 09:35', 'https://www.reddit.com/r/QuantNetwork/comments/ynd3my/i_just_came_back_from_the_year_2052/iv9e2ko/', 'So fucken cringe', 'ynd3my']]], ['u/ShatteredFemurs', "Coinsource ATM says 1 hour and it's been 5 days...nothing yet.", 111, '2022-11-06 04:11', 'https://www.reddit.com/r/Bitcoin/comments/ynf41v/coinsource_atm_says_1_hour_and_its_been_5/', "Warning to anyone using a Coinsource ATM \n\nThey say 1 hour to process. \n\n100 hours later and still no sign of my Bitcoin. Since then the price of Bitcoin has changed by more than $1,000.\n\nI contacted support, they wouldnt give an ETA and stopped responding all together. \n\nContacted them on Facebook where they were very rude and again stopped responding. \n\nI contacted the Facebook of the gas station chain I used and they did the most. Shortly after I got a call from some executive for the company that makes the machines, he told me it's never taken more than 36 hours. I told him it had been 48. He said he'd look into it and I could text him. \n\nHe stopped responding as well. \n\nI've seen several posts of others that haven't got their Bitcoin for several days as well.", 'https://www.reddit.com/r/Bitcoin/comments/ynf41v/coinsource_atm_says_1_hour_and_its_been_5/', 'ynf41v', [['u/Carexstricta', 28, '2022-11-06 04:30', 'https://www.reddit.com/r/Bitcoin/comments/ynf41v/coinsource_atm_says_1_hour_and_its_been_5/iv8oers/', '1 week later and they stopped responding to me. 😡', 'ynf41v'], ['u/Pinytenis666', 15, '2022-11-06 04:41', 'https://www.reddit.com/r/Bitcoin/comments/ynf41v/coinsource_atm_says_1_hour_and_its_been_5/iv8ppb6/', 'What exactly possessed you to buy Bitcoin at a gas station? Is the comfort of your home, immediately receiving what you purchased from a crypto exchange not enough?', 'ynf41v'], ['u/ShatteredFemurs', 25, '2022-11-06 04:46', 'https://www.reddit.com/r/Bitcoin/comments/ynf41v/coinsource_atm_says_1_hour_and_its_been_5/iv8q8bm/', 'Wanted to buy with cash', 'ynf41v'], ['u/ShatteredFemurs', 13, '2022-11-06 04:56', 'https://www.reddit.com/r/Bitcoin/comments/ynf41v/coinsource_atm_says_1_hour_and_its_been_5/iv8rf8q/', "I'm a decentralized finance kinda girl which is what makes this so annoying. You'd think that the transaction would be submitted to the Blockchain by the time you walk away from the ATM and that their hour estimate was just taking the transaction times into account.", 'ynf41v'], ['u/ShatteredFemurs', 15, '2022-11-06 04:57', 'https://www.reddit.com/r/Bitcoin/comments/ynf41v/coinsource_atm_says_1_hour_and_its_been_5/iv8rk2d/', "So you haven't gotten it yet?", 'ynf41v'], ['u/ShatteredFemurs', 20, '2022-11-06 04:59', 'https://www.reddit.com/r/Bitcoin/comments/ynf41v/coinsource_atm_says_1_hour_and_its_been_5/iv8rphn/', "How'd you get so good at problem solving?", 'ynf41v'], ['u/ShatteredFemurs', 17, '2022-11-06 09:34', 'https://www.reddit.com/r/Bitcoin/comments/ynf41v/coinsource_atm_says_1_hour_and_its_been_5/iv9dzjj/', "So I saw that and took a screenshot, then sent it with my complaint to Nouria which owns the convenience store this machine is in, Coinsource called me same day. So think I'm just gunna have to keep going through them since they're the only people they seem to care about.", 'ynf41v'], ['u/Charming_Sheepherder', 13, '2022-11-06 12:13', 'https://www.reddit.com/r/Bitcoin/comments/ynf41v/coinsource_atm_says_1_hour_and_its_been_5/iv9pa3e/', 'Next time try bisq or robosats. I hope you get your funds back.\n\nBe a shame if their machine ended up having an electrical fire or falling in the river.\n\nJust playing though good luck', 'ynf41v'], ['u/mcrackin15', 24, '2022-11-06 13:42', 'https://www.reddit.com/r/Bitcoin/comments/ynf41v/coinsource_atm_says_1_hour_and_its_been_5/iv9x8kh/', 'Guy tries to buy bitcoin and immediately gets bashed by /r/bitcoin', 'ynf41v'], ['u/brandansmite', 15, '2022-11-06 13:52', 'https://www.reddit.com/r/Bitcoin/comments/ynf41v/coinsource_atm_says_1_hour_and_its_been_5/iv9ycov/', 'Yet you have people posting photos of these btc atms every chance you get and hear people cheering "adoption!"', 'ynf41v'], ['u/metalzip', 11, '2022-11-06 18:34', 'https://www.reddit.com/r/Bitcoin/comments/ynf41v/coinsource_atm_says_1_hour_and_its_been_5/ivb1nwv/', "> Bitcoin is self regulated, we don't need em\n\nwhat that has to do with a theft (or scamming out) of fiat?", 'ynf41v']]], ['u/AutoModerator', '[Daily Discussion] - Sunday, November 06, 2022', 29, '2022-11-06 05:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/yng1pw/daily_discussion_sunday_november_06_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/yng1pw/daily_discussion_sunday_november_06_2022/', 'yng1pw', [['u/anaccountlacksmyname', 13, '2022-11-06 09:07', 'https://www.reddit.com/r/BitcoinMarkets/comments/yng1pw/daily_discussion_sunday_november_06_2022/iv9c7fl/', 'Sending a prayer to the bull gods to give me a Sunday pump 🙏🙏🙏', 'yng1pw'], ['u/zoopz', 12, '2022-11-06 10:55', 'https://www.reddit.com/r/BitcoinMarkets/comments/yng1pw/daily_discussion_sunday_november_06_2022/iv9jli1/', 'Mega pump? Did i miss something?', 'yng1pw'], ['u/MadeThisJustForLWIAY', 11, '2022-11-06 11:20', 'https://www.reddit.com/r/BitcoinMarkets/comments/yng1pw/daily_discussion_sunday_november_06_2022/iv9lcre/', 'BITCOIN ISNT REAL.', 'yng1pw'], ['u/Downtown-Ad-4117', 12, '2022-11-06 11:35', 'https://www.reddit.com/r/BitcoinMarkets/comments/yng1pw/daily_discussion_sunday_november_06_2022/iv9mfgv/', "Correct. You're in a simulation.", 'yng1pw'], ['u/pg3crypto', 11, '2022-11-06 12:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/yng1pw/daily_disc... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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) -- Subscribe to Zero on Apple, Spotify, Google, and Stitcher. Most Read from Bloomberg Twitter Now Asks Some Fired Workers to Please Come Back Elon Musk Walks Back on Twitter Job Cuts, Blue Checks in Second Week Houston Mogul’s $75 Million Win on Astros Hits Caesars Hardest Elon Musk Tells Twitter Followers to Vote for a Republican Congress Billions in Capital Calls Threaten to Wreak Havoc on Global Stocks, Bonds COP27 is underway, and talks began with a deal to discuss how rich countries can help pay for the damages caused by global warming elsewhere, known as “loss and damage.” Without political intervention, the steepest costs of today’s climate — “loss” of lives, cultures or species that can never return, and “damage” to vital infrastructure that needs to be repaired after climate-driven disasters — will continue to be borne by populations that emitted the least. That’s where a global agreement would come in, with rich nations paying to compensate their poorer counterparts for climate destruction happening now. “We are hopeful that they will do the right thing, because it's the right thing to do,” Professor Saleemul Huq tells Akshat Rathi in this week’s episode of Zero, recorded on the ground at COP27. “There is no moral responsibility taken by the rich countries at all. So that's the first step. Money comes a long way after that.” Huq is a professor at Independent University in Bangladesh and, as director of the International Centre for Climate Change and Development, a champion of climate-vulnerable countries. With loss and damage being formally on the agenda of this year’s climate negotiations, he explains what’s at stake and why collective action by “coalitions of the willing” is so important. Rathi also talks to Bloomberg contributing editor Allegra Stratton, the UK’s spokesperson for COP26, about how COP27 can build upon the achievements of last year. Listen to the full conversation below. Check out more episodes of Zero, and subscribe on Apple, Spotify and Google to hear new ones every Thursday. Story continues Most Read from Bloomberg Businessweek Seizing a Russian Superyacht Is Much More Complicated Than You Think Small Businesses Find a Loophole in the New Tax Law: Zelle El Salvador’s $300 Million Bitcoin ‘Revolution’ Is Failing Miserably Adobe Is Trying to Spend $20 Billion to Buy Back Its Swagger Inflation-Focused Voters Defy Biden’s Bid to Change the Subject ©2022 Bloomberg L.P.", "(Bloomberg) -- Subscribe to Zero on Apple, Spotify, Google, and Stitcher. Most Read from Bloomberg Twitter Now Asks Some Fired Workers to Please Come Back Elon Musk Walks Back on Twitter Job Cuts, Blue Checks in Second Week Houston Mogul’s $75 Million Win on Astros Hits Caesars Hardest Elon Musk Tells Twitter Followers to Vote for a Republican Congress Billions in Capital Calls Threaten to Wreak Havoc on Global Stocks, Bonds COP27 is underway, and talks began with a deal to discuss how rich countries can help pay for the damages caused by global warming elsewhere, known as “loss and damage.” Without political intervention, the steepest costs of today’s climate — “loss” of lives, cultures or species that can never return, and “damage” to vital infrastructure that needs to be repaired after climate-driven disasters — will continue to be borne by populations that emitted the least. That’s where a global agreement would come in, with rich nations paying to compensate their poorer counterparts for climate destruction happening now. “We are hopeful that they will do the right thing, because it's the right thing to do,” Professor Saleemul Huq tells Akshat Rathi in this week’s episode of Zero, recorded on the ground at COP27. “There is no moral responsibility taken by the rich countries at all. So that's the first step. Money comes a long way after that.” Huq is a professor at Independent University in Bangladesh and, as director of the International Centre for Climate Change and Development, a champion of climate-vulnerable countries. With loss and damage being formally on the agenda of this year’s climate negotiations, he explains what’s at stake and why collective action by “coalitions of the willing” is so important. Rathi also talks to Bloomberg contributing editor Allegra Stratton, the UK’s spokesperson for COP26, about how COP27 can build upon the achievements of last year. Listen to the full conversation below. Check out more episodes of Zero, and subscribe on Apple, Spotify and Google to hear new ones every Thursday. Story continues Most Read from Bloomberg Businessweek Seizing a Russian Superyacht Is Much More Complicated Than You Think Small Businesses Find a Loophole in the New Tax Law: Zelle El Salvador’s $300 Million Bitcoin ‘Revolution’ Is Failing Miserably Adobe Is Trying to Spend $20 Billion to Buy Back Its Swagger Inflation-Focused Voters Defy Biden’s Bid to Change the Subject ©2022 Bloomberg L.P.", 'Good morning. Here’s what’s happening: Prices: A posturing battle breaks out between crypto titans over the FTX exchange\'s FTT token, while Solana\'s SOL token suffers from a post-conference hangover. Crypto traders are looking ahead to this week\'s midterm elections in the U.S. and a key inflation report. Insights: Speaking the same language as regulators is a ticket to making digital assets mainstream, an opportunity worth trillions. 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 By Bradley Keoun The weekend brought no shortage of crypto-markets drama , but it wasn\'t about bitcoin: Intense speculation appeared to drive steep losses on the FTX exchange\'s FTT token and Solana\'s SOL. The FTX token , which pushed into headlines (and Twitter chatter) last week after CoinDesk reported just how significant of an asset it was on the trading firm Alameda Research\'s balance sheet , came under additional pressure after Binance CEO Changpeng Zhao tweeted that the firm would sell its remaining holdings of FTT , a stake worth more than $500 million. The FTT price rebounded after the CEO of Alameda, which like FTX is a part of billionaire Sam Bankman-Fried\'s empire, tweeted that it would happily buy FTT at $22 each. But by late Sunday FTT had reversed course and was falling again, around $22.24, down 7.6% over the past 24 hours. Solana\'s SOL spiked as Google Cloud announced plans to become a validator on the blockchain network, but by press time it, too, had turned lower and was one of the day\'s biggest losers among the 162 assets in the CoinDesk Market Index , down 11% over 24 hours. The token had gained in the weeks leading up to Solana\'s Breakpoint conference currently taking place in Lisbon, Portugal, concluding Monday. These blockchain conferences often bring a slew of announcements that tend to rile up investors, developers and fans, but it\'s not uncommon for the enthusiasm to fade quickly. Story continues Dogecoin ( DOGE ) , which more than doubled in October to become the top performer in the CMI , is now licking its wounds; the meme token frequently mentioned by billionaire Elon Musk ( Twitter\'s new owner ) is down 19% so far this month. Bitcoin ( BTC ) , for what it\'s worth, was trading around $21,000 after hitting a fresh seven-week high on Saturday. The largest cryptocurrency\'s recent gains has pushed it over key levels on price charts, potentially signaling a crucial shift toward a more bullish trend . Equity markets finished last week on a moderate upswing as the tech-heavy Nasdaq, S&P 500 and Dow Jones Industrial Average (DJIA) closed Friday up more than a percentage point – in sync with a 4.7% gain that day for bitcoin. Safe haven gold swung upward 3%, a rare exception to its recent form. Brent crude oil, a widely regarded measure of energy markets, climbed near $99 per barrel, a 5% increase from the start of the week. In the coming week , crypto traders will be focused on Tuesday\'s midterm elections in the U.S., which might have major implications for regulatory policy or economic decisions. Then, on Thursday, the U.S. Labor Department is due to report the latest reading of the Consumer Price Index, expected to show that the main inflation rate staying at 8% or higher in October – still not too far from a four-decade high, and indicating just how much work the Federal Reserve has to do to cool off the economy and bring the figure back down. "The midterms and inflation data will no doubt keep market participants busy," Deutsche Bank economists wrote in a report. Insight By Sam Reynolds JPMorgan’s Umar Farooq, its blockchain unit boss, said something in very plain language about the future of institutional involvement in crypto during the Singapore Fintech Festival : "We cannot lose their money." Farooq was referring to exactly what it would take for banks to get involved in digital assets. Consumer protection, alongside the ability to identify both parties in the transaction, is key to building a digital assets sector that can be integrated into the world’s banking system and with its trillions in assets. Think about what happens if you send crypto to the wrong wallet. It’s gone, as Coinbase puts it bluntly on a help page. “Due to the irreversible nature of cryptocurrency protocols, transactions can\'t be canceled or reversed once initiated,” the exchange writes. “Because of this, it is essential to exercise caution when sending and make sure the address you are sending to is an exact match of the recipient\'s address.” Chainanalysis estimates that around 20% of all bitcoin has been lost in this fashion, and is unrecoverable. Anecdotes of eight-figure amounts effectively evaporating because they were sent to the wrong wallet abound. This certainly happens in the traditional finance world as well. But in TradFi there are ways to reverse these transactions. SWIFT has a built-in recall mechanism , which 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: 2022-11-07 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $398,838,108,825 - Hash Rate: 263186945.4874768 - Transaction Count: 264869.0 - Unique Addresses: 643216.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.33 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: In this article, we will look at the 11 best micro-cap stocks to invest in. If you want to explore similar stocks, you can also take a look at 5 Best Micro-Cap Stocks To Invest In . Large-cap and mega-cap stocks have been hammered hard in 2022, amid rampant inflation, rising interest rates, and global supply chain woes. As of October 13, the S&P 500 has lost 23.5% year-to-date, the Nasdaq composite is down 32.75% for the year, and the Dow has tanked about 18% since the beginning of 2022. Investors have become cautious of their trades and holdings and are constantly adjusting their portfolios to suit to the current volatile market environment. Overlooked areas of the stock market, namely small-cap, micro-cap, and nano-cap are being eyed by investors and analysts alike, as they are becoming a more attractive risk/reward investment choice. BofA Analyst Bullish on Small-Cap Stocks Head of mid-cap strategy at Bank of America, Jill Carey Hall, recently appeared in an interview on CNBC where she made the case for why she thinks small-cap stocks may fare better than large-cap stocks in the current market environment and moving forward. Jill Carey Hall noted that there are multiple trends that favor the outperformance of small-caps relative to large-caps, one of which is "services holding up better than goods". Moving forward she sees these trends persisting and creating favorable conditions for the performance of small-caps. Here are some comments from Jill Carey Hall: "For small-caps, we have been pointing out how cheap they look, now they look even cheaper. As we think about the recession, small-caps are trading at 11x forward earnings. The ISM, the manufacturing index, has been a very correlated indicator with small-caps and a very important one for performance. When you look at what small-caps are pricing in, they are now discounting an ISM level of about 30, so that's pretty much the lowest the ISM has ever troughed if you look back at the 1970s early 80s recessions. The average for the last four recessions' ISM trough was more like 39, so we really think the index is pricing in a kind of worst-case scenario at this point in terms of recessionary multiples. And you have seen the index start to outperform even amid the weak market, so really small-caps have been doing well relative to large-caps, you know choppy but we think the outperformance may continue..." Story continues Jill Carey Hall also discussed some small-cap strategies. She noted that investors should "stick with quality" as "quality tends to do well in volatile markets". If the economy is thrown into a downturn, investors should be "sticking with stocks within small-caps that have earnings rather than no earnings". Finally, investors should "stick with stocks that have free cash flows" since it is a "value strategy that tends to do well in these types of market environments," according to the analyst. Pixabay/Public Domain Investors are steering away from large-caps such as Meta Platforms, Inc. (NASDAQ: FB ), Amazon.com, Inc. (NASDAQ: AMZN ), and Netflix, Inc. (NASDAQ: NFLX ), triggering major selloffs, and are redirecting their focus toward overlooked areas in the stock market such as small-caps and micro-caps. We have discussed some of the best micro-cap stocks to invest in right now in the article below. Our Methodology To determine the best micro-cap stocks to invest in right now, we screened for micro-cap stocks that were profitable, cash-rich, and had near-term and long-term growth catalysts. Further, we narrowed down our selection to stocks that had positive market sentiment. Along with each stock, we have mentioned the hedge fund sentiment, analyst ratings, and top shareholders. We have ranked these stocks according to their popularity among elite hedge funds. 11 Best Micro-Cap Stocks To Invest In 11. Argo Blockchain plc (NASDAQ: ARBK ) Market Cap as of October 13: $98 Million Number of Hedge Fund Holders: 2 Argo Blockchain plc (NASDAQ:ARBK) is a leading Bitcoin and cryptocurrency mining company that has operations worldwide. The stock is one of the best micro-cap stocks to invest in since the company has a sustainable business model, it conducts mining operations using renewable energy, and has an industry-leading position. Argo Blockchain plc (NASDAQ:ARBK) is trading at a discount to earnings, and as of October 13, has a trailing twelve-month PE ratio of 2.35. On August 29, Canaccord analyst Joseph Vafi revised his price target on Argo Blockchain plc (NASDAQ:ARBK) to $10 from $13 and reiterated a Buy rating on the shares. The analyst noted that Argo Blockchain plc (NASDAQ:ARBK) is among the leading Bitcoin miners that remain profitable despite recent volatility. On October 11, Argo Blockchain plc (NASDAQ:ARBK) reported that it had mined 215 Bitcoin and Bitcoin equivalents in September 2022. The company's current hash rate capacity sits at 2.5 EH/s but it is on track to achieve a total hash rate capacity of 2.9 EH/s after the installation of its Bitmain S19J Pro machines by the end of October 2022. At the end of Q2 2022, 2 hedge funds were long Argo Blockchain plc (NASDAQ:ARBK) and held stakes worth $279,000 in the company. Of those, Renaissance Technologies was the most prominent shareholder in the company and held stakes worth $241,000. 10. Adams Resources & Energy, Inc. (NYSE: AE ) Market Cap as of October 13: $135 Million Number of Hedge Fund Holders: 3 Adams Resources & Energy, Inc. (NYSE:AE) is involved in the marketing, storage, and transportation of crude oil and natural gas. On August 24, Adams Resources & Energy, Inc. (NYSE:AE) announced that it will be building a new pipeline that will connect to the Upper Gulf Coast Pipeline System. The pipeline is expected to become functional in the first half of 2023. As of October 13, Adams Resources & Energy, Inc. (NYSE:AE) has gained 9.32% year to date, is trading at a PE multiple of 10x, and is also offering a forward dividend yield of 3.11%. Adams Resources & Energy, Inc. (NYSE:AE) is one of the best micro-cap stocks to invest in that is undervalued and pays dividends. At the end of the second quarter of 2022, 3 hedge funds held stakes in Adams Resources & Energy, Inc. (NYSE:AE). The total value of these stakes amounted to $9.47 million. As of June 30, Renaissance Technologies is the most prominent investor in Adams Resources & Energy, Inc. (NYSE:AE) and has stakes worth $8.12 million in the company. While Adams Resources & Energy, Inc. (NYSE:AE) is gaining in 2022, some of the most mature businesses such as Meta Platforms, Inc. (NASDAQ:FB), Amazon.com, Inc. (NASDAQ:AMZN), and Netflix, Inc. (NASDAQ:NFLX) are losing major chunks of their market caps and, as of October 13, have shed more than 30% of their values year to date. 9. CBAK Energy Technology, Inc. (NASDAQ: CBAT ) Market Cap as of October 13: $102 Million Number of Hedge Fund Holders: 6 CBAK Energy Technology, Inc. (NASDAQ:CBAT) is a leading developer and manufacturer of lithium batteries. On August 15, CBAK Energy Technology, Inc. (NASDAQ:CBAT) reported earnings for the second quarter of 2022. The company reported a revenue of $56.35 million, up 857% year over year. On September 22, the company announced that it has secured a $28 million order for lithium-ion batteries from a major European manufacturer of HVAC systems. CBAK Energy Technology, Inc. (NASDAQ:CBAT) is cash-rich and is currently trading at bargain levels. As of October 13, the stock has a trailing twelve-month PE ratio of 3.35 and has free cash flows of over $3 million. The stock is one of the best micro-cap stocks to invest in right now. At the close of Q2 2022, 6 hedge funds were bullish on CBAK Energy Technology, Inc. (NASDAQ:CBAT) and held stakes worth $1.42 million in the company. 8. PHX Minerals Inc. (NYSE: PHX ) Market Cap as of October 13: $133 Million Number of Hedge Fund Holders: 8 PHX Minerals Inc. (NYSE:PHX) is a natural gas and oil mineral company that produces and distributes natural gas, crude oil, and natural gas liquids. As of October 13, the stock has gained 64.76% year to date and is offering a forward dividend yield of 2.25%. The company has a trailing twelve-month operating margin of 17.29% and is one of the best profitable micro-cap stocks to invest in. PHX Minerals Inc. (NYSE:PHX) has come to the attention of Wall Street analysts. On October 3, Northland analyst Donovan Schafer took coverage of PHX Minerals Inc. (NYSE:PHX) with an Outperform rating and a $6 price target. The stock has an average price target of $6.35, which implies an upside of 70% from current levels. At the close of the second quarter of 2022, 8 hedge funds were long PHX Minerals Inc. (NYSE:PHX) and held stakes worth $6.32 million in the company. This is compared to 8 positions in the previous quarter with stakes worth $3.86 million. 7. Xos, Inc. (NASDAQ: XOS ) Market Cap as of October 13: $173 Million Number of Hedge Fund Holders: 9 Xos, Inc. (NASDAQ:XOS) is a manufacturer of battery-electric commercial vehicles. On September 29, Xos Inc. (NASDAQ:XOS) announced that it has successfully delivered 13 battery-electric vehicles to four FedEx Corporation (NYSE: FDX ) Ground Operators. On October 5, Xos, Inc. (NASDAQ:XOS) announced that the company delivered 88 vehicles to customers in the third quarter of 2022, up 21% quarter-over-quarter from 73 vehicles in the second quarter of 2022. Xos, Inc. (NASDAQ:XOS) is one of the best micro-cap stocks to invest in and is trading at a PE multiple of 11x, as of October 13. Analysts are bullish on Xos, Inc. (NASDAQ:XOS). As of August 12, DA Davidson analyst Michael Shlisky has a $5 price target and a Buy rating on Xos, Inc. (NASDAQ:XOS). On October 6, Northland analyst Donovan Schafer reiterated his Outperform rating and $3 price target on Xos, Inc. (NASDAQ:XOS). At the end of the second quarter of 2022, 9 hedge funds held stakes in Xos, Inc. (NASDAQ:XOS). The total value of these stakes amounted to $1.41 million. As of June 30, Alyeska Inv... - Reddit Posts (Sample): [['u/Cmessere', 'Why are you Hoping for .01 cent when most of you will sell 90percent of your SHIB by the time it reaches .0005 cent.', 87, '2022-11-07 00:29', 'https://www.reddit.com/r/SHIBArmy/comments/yo6b94/why_are_you_hoping_for_01_cent_when_most_of_you/', 'I 100 percent believe SHIB will reach .01 cent as I am 100 percent most people will sell 90 percent of their SHIB by at .0005 cent. It happened with Bitcoin, ETH and it will happen to most of the people in the SHIB Community. The hardest thing about crypto is knowing how to hold. Not sure what’s worse. Regret for selling or regret for not selling.', 'https://www.reddit.com/r/SHIBArmy/comments/yo6b94/why_are_you_hoping_for_01_cent_when_most_of_you/', 'yo6b94', [['u/SilverknightFL', 17, '2022-11-07 00:33', 'https://www.reddit.com/r/SHIBArmy/comments/yo6b94/why_are_you_hoping_for_01_cent_when_most_of_you/ivckf7j/', 'That 90 percent will crash the price, but it will recover.', 'yo6b94'], ['u/eh_so_what', 17, '2022-11-07 01:59', 'https://www.reddit.com/r/SHIBArmy/comments/yo6b94/why_are_you_hoping_for_01_cent_when_most_of_you/ivcvxz2/', 'Naw they will sell at. 0005 and buy at .0007 and sell at .001 and then buy at .002 and you get the point. You need these guys so they push your coin up with Their chasing. Let them do their thing so we can do ours. Stop trying to "help" so much.', 'yo6b94']]], ['u/AnonymousIstari', "How can the IRS know about bitcoin that shouldn't be taxed (lost, stolen, gifted away, etc)?", 21, '2022-11-07 03:44', 'https://www.reddit.com/r/Bitcoin/comments/yoajoj/how_can_the_irs_know_about_bitcoin_that_shouldnt/', "With KYC laws, most bitcoin is tied to an identity the US government could figure out (I get there might be exceptions with ATMs or p2p purchases). So the IRS can then follow that wallet and its value but how do they know where the bitcoin goes from there? A few scenarios:\n\n1. I sell it for profit. I'd claim that as a taxable gain, sure. Easy case. \n\n2. I attempt to purchase something and accidently send it to the wrong address. That isn't a capital gain but how would I prove that to the IRS?\n\n3. I attempt to purchase something and get scammed and a scammer runs off with my bitcoin. How does the IRS know I was scammed and didn't legitimately obtain some goods in return?\n\n4. I gift family members small amounts of bitcoin. How does the IRS know I am not in control of the wallets I sent it to? \n\n5. I attempt to move money between wallets and make a typo and send it to the wrong place. How do I prove I actually lost it and don't secretly have the key to the wallet(s) it ended up in?\n\nIn summary, it seems like we could be taxed for all crypto we bought regardless of what happens to it (legitimate capital gain or completely lost) because we will never be able to prove it isn't still in our possession.\n\nAm I missing something?", 'https://www.reddit.com/r/Bitcoin/comments/yoajoj/how_can_the_irs_know_about_bitcoin_that_shouldnt/', 'yoajoj', [['u/igadjeed', 12, '2022-11-07 04:07', 'https://www.reddit.com/r/Bitcoin/comments/yoajoj/how_can_the_irs_know_about_bitcoin_that_shouldnt/ivdc786/', "> Am I missing something?\n\nYou're assuming the IRS actively tracks Bitcoin transactions \nThey do not \nThe IRS does know that you have an account on a regulated exchange, if your usage meets the IRS's threshold for the exchange to provide them your identity details \n\nThe IRS expects the taxpayer to report capital gains, and accepts the details provided. If the IRS knows the taxpayer has a Coinbase (for example) account which has a threshold over $20,000, then the IRS will expect to see Bitcoin capital gains reported by the taxpayer \n\nIf the IRS discovers large purchases exceeding the taxpayer's reported income, the IRS will audit the taxpayer, and expect an explanation of the income discrepancy \n\nMany people will get away with failing to report, or with under-reporting capital gains on Bitcoin. Many other people will audited and required to pay the unpaid taxes, plus a penalty for not reporting, and potentially a criminal charge", 'yoajoj']]], ['u/AutoModerator', '[Daily Discussion] - Monday, November 07, 2022', 35, '2022-11-07 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/yod8i3/daily_discussion_monday_november_07_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/yod8i3/daily_discussion_monday_november_07_2022/', 'yod8i3', [['u/alarmcloque', 19, '2022-11-07 08:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/yod8i3/daily_discussion_monday_november_07_2022/ivdzqw8/', "Congrats to the ones holding to these threads through the doom and gloom. For my part I'll be back to permabull troll posting when euphoria hits again. Happy crypto winter.", 'yod8i3'], ['u/haikusbot', 19, '2022-11-07 08:59', 'https://www.reddit.com/r/BitcoinMarkets/comments/yod8i3/daily_discussion_monday_november_07_2022/ive377o/', '*Lol guess I shouldnt*\n\n*Have loaded up as much as*\n\n*I did the last days*\n\n\\- cryptojimmy8\n\n---\n\n^(I detect haikus. And sometimes, successfully.) ^[Learn more about me.](https://www.reddit.com/r/haikusbot/)\n\n^(Opt out of replies: "haikusbot opt out" | Delete my comment: "haikusbot delete")', 'yod8i3'], ['u/gore_skywalker', 39, '2022-11-07 09:13', 'https://www.reddit.com/r/BitcoinMarkets/comments/yod8i3/daily_discussion_monday_november_07_2022/ive44qv/', 'I work in tech and the sheer panic happening in the industry right now is depressing and the events soon to follow will be devastating. Imminent layoffs across the country. Elite engineers at even FAANG are about to be let go: those with high paying jobs who have taken on higher debt obligations because they thought this gravy train would never end — foreclosures galore by end of next year. \n\nI’m in group chats where the panic is turning into anger and they’re looking for someone to blame. This is going to be historic: fellow engineers are now recognizing the mistakes central banks made to bail out failed corporations by buying their junk securities, flooding the economy with PPP loans, Biden’s spending, and of course all at zero rates. Now the middle class is left with the bill, with no jobs, and their yuppie “elite” lifestyle will soon be no more.\n\nThese are upper middle class people who put their trust and faith (banking their retirement) into the system, the same individuals who wouldn’t ever touch financial instruments outside of TradFi, only to have it taken away in a span of months. The resulting devastation, anger, and resentment towards the government and central banks will manifest into a financial rebellion/renaissance and I hope Bitcoin will be the primary proxy for this revolution. If you haven’t read it already, I suggest reading one of the most interesting [theories for why highly intelligent people don’t buy the corn](https://www.citadel21.com/why-the-yuppie-elite-dismiss-bitcoin) and now we are at the cusp of that changing. Godspeed.', 'yod8i3'], ['u/snek-jazz', 12, '2022-11-07 10:20', 'https://www.reddit.com/r/BitcoinMarkets/comments/yod8i3/daily_discussion_monday_november_07_2022/ive8gzv/', 'good bot lol', 'yod8i3'], ['u/Qasim57', 16, '2022-11-07 10:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/yod8i3/daily_discussion_monday_november_07_2022/iveatup/', 'It looks to me like this downward move is bottoming out. \n\nIt stopped right around EMA8, which Bitcoin often seems to respect as support or resistance.\n\nMy plan is to see if we wick down and then go long from there. When the market has already moved down this much, that’s a good time for a long.', 'yod8i3'], ['u/Magikarpeles', 16, '2022-11-07 11:20', 'https://www.reddit.com/r/BitcoinMarkets/comments/yod8i3/daily_discussion_monday_november_07_2022/ivecd9g/', '>Biden’s spending\n\nLol', 'yod8i3'], ['u/TheBanana2022', 20, '2022-11-07 11:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/yod8i3/daily_discussion_monday_november_07_2022/ivedj2r/', 'I know this sucks and I empathize with those people, but I’ve never understood why people live their lives an inch away from disaster like that. I’ve always approached employment under the assumption I could be fired any second and lose my income for an extended period of time. If the prospect of that happening to you is frightening, you are not really middle class, you’re overextended. Maybe it’s just the experience I had with my country collapsing very thoroughly in my youth and seeing people go from having expensive vacations abroad every summer to begging their children and other people for money.', 'yod8i3'], ['u/lasarus29', 10, '2022-11-07 11:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/yod8i3/daily_discussion_monday_november_07_2022/iveegjz/', 'My friend that works in banking often tells me about how they are expected to wear $200-500 dresses or suits in the office. Then all of the staff go and blow their money in expensive bars a few times a week. \n\nShe can\'t understand what I mean when I say it\'s "by design".\n\nI can\'t understand how she\'s not retired yet.', 'yod8i3'], ['u/cryptosareagirlsbf', 10, '2022-11-07 12:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/yod8i3/daily_discussion_monday_november_07_2022/iveh3yw/', 'The tech people should have known better. We are taught to plan for errors and excep... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["November is a big month for soccer fans as they anticipate the kickoff of the World Cup . Ahead of the prestigious tournament, Hublot , who has served as an official partner and timekeeper for the sport since 2006, has launched a one-of-a-kind experience for sports and watch fans alike: the “Hublot Loves Football Metaverse Stadium.” This hybrid sport, art and digital events space in the metaverse was devised by a team from the legendary MEIS Architects firm. The multi-disciplinary stadium architecture and design practice has built a reputation as the foremost designers of sports, entertainment and urban activation venues including the Crypto.com stadium as well as the Everton FC and Roma Stadiums. For the “Hublot Loves Football Metaverse Stadium,” they drew inspiration from the composition of the case body and digital face of Hublot’s recently launched Big Bang e watch. More from Robb Report The Big 3 Auction Houses Sold $115 Million Worth of Rare Watches in Geneva This Month Grand Seiko's Newest Spring Drive Watch Will Arrive Just in Time for the Holidays Inside the Insane 150-Piece Watch Collection of Shipping Exec Ali Maghami “In designing this stadium, we took inspiration from Hublot’s brave, unapologetic and unparalleled approach to design,” shared Dan Meis, FAIA, Founder and Managing Principal of MEIS Studios. “By referencing the Big Bang e, the project mirrors Hublot’s storied history of introducing new dimensions of design to new audiences. This partnership encapsulates all the world has come to know from Hublot and MEIS: a forward-thinking design philosophy paired with an attention to detail that is timeless and without equal.” Hublot Loves Football Metaverse Stadium Hublot has been an early adopter of crypto in the luxury watch industry. In 2018, the year that marked the 10th anniversary of Bitcoin, Hublot introduced the limited edition Big Bang Meca-10 P2P, which was only available for purchase via Bitcoin payments. However, the “Hublot Loves Football Metaverse Stadium” marks the brand’s first foray into the metaverse. In addition to MEIS Studios, Hublot enlisted the help of Spatial to create the largest metaverse venue to date. Run by experienced leaders from Apple, Nest, LucasArts and Disney, Spatial is the Web3 home for luxury brands in the metaverse. In partnership with Hublot, Spatial notched a metaverse milestone with a 90,000-spectator stadium, equipped with a concourse and media wall showcasing numerous ambassadors and friends of the brand. As part of the Hublot Loves Football campaign, dedicated exhibitions equipped for VR experience to access the stadium will pop up next to Hublot Boutiques in luxury shopping malls in Doha, Kuala Lumpur, Singapore, Indonesia and Thailand throughout the month of November. Story continues Best of Robb Report The 10 Most Expensive Watches Sold at Auction in the 21st Century (So Far) 11 Stunning Jewelry Moments From the 2020 Oscars The New Suit: A Buyer’s Guide Sign up for Robb Report's Newsletter . For the latest news, follow us on Facebook , Twitter , and Instagram . Click here to read the full article. View comments", "November is a big month for soccer fans as they anticipate the kickoff of the World Cup . Ahead of the prestigious tournament, Hublot , who has served as an official partner and timekeeper for the sport since 2006, has launched a one-of-a-kind experience for sports and watch fans alike: the “Hublot Loves Football Metaverse Stadium.” This hybrid sport, art and digital events space in the metaverse was devised by a team from the legendary MEIS Architects firm. The multi-disciplinary stadium architecture and design practice has built a reputation as the foremost designers of sports, entertainment and urban activation venues including the Crypto.com stadium as well as the Everton FC and Roma Stadiums. For the “Hublot Loves Football Metaverse Stadium,” they drew inspiration from the composition of the case body and digital face of Hublot’s recently launched Big Bang e watch. More from Robb Report The Big 3 Auction Houses Sold $115 Million Worth of Rare Watches in Geneva This Month Grand Seiko's Newest Spring Drive Watch Will Arrive Just in Time for the Holidays Inside the Insane 150-Piece Watch Collection of Shipping Exec Ali Maghami “In designing this stadium, we took inspiration from Hublot’s brave, unapologetic and unparalleled approach to design,” shared Dan Meis, FAIA, Founder and Managing Principal of MEIS Studios. “By referencing the Big Bang e, the project mirrors Hublot’s storied history of introducing new dimensions of design to new audiences. This partnership encapsulates all the world has come to know from Hublot and MEIS: a forward-thinking design philosophy paired with an attention to detail that is timeless and without equal.” Hublot Loves Football Metaverse Stadium Hublot has been an early adopter of crypto in the luxury watch industry. In 2018, the year that marked the 10th anniversary of Bitcoin, Hublot introduced the limited edition Big Bang Meca-10 P2P, which was only available for purchase via Bitcoin payments. However, the “Hublot Loves Football Metaverse Stadium” marks the brand’s first foray into the metaverse. In addition to MEIS Studios, Hublot enlisted the help of Spatial to create the largest metaverse venue to date. Run by experienced leaders from Apple, Nest, LucasArts and Disney, Spatial is the Web3 home for luxury brands in the metaverse. In partnership with Hublot, Spatial notched a metaverse milestone with a 90,000-spectator stadium, equipped with a concourse and media wall showcasing numerous ambassadors and friends of the brand. As part of the Hublot Loves Football campaign, dedicated exhibitions equipped for VR experience to access the stadium will pop up next to Hublot Boutiques in luxury shopping malls in Doha, Kuala Lumpur, Singapore, Indonesia and Thailand throughout the month of November. Story continues Best of Robb Report The 10 Most Expensive Watches Sold at Auction in the 21st Century (So Far) 11 Stunning Jewelry Moments From the 2020 Oscars The New Suit: A Buyer’s Guide Sign up for Robb Report's Newsletter . For the latest news, follow us on Facebook , Twitter , and Instagram . Click here to read the full article. View comments", 'Anthony Di Iorio, the co-founder of Ethereum, Decentral and Jaxx Liberty, unveiled a project he says he\x92s envisioned, designed and built over the span of a decade. The project, dubbed Andiami, blends game theory with cutting-edge hardware to bring blockchain computers to a wider audience. The multi-year endeavor is seeking to counter blockchain centralization by enabling crypto users to run full nodes with little to no technical expertise. A full node is a computer that stores the complete transactional history of a blockchain network. The project\'s tentative timeline extends to 2025. The first year (2023) focuses on the project\'s game theoretic components: a game entitled The Quest for Liberty, a player kit and Digital Life Tokens that players earn in the game. Read more: THNDR Games Launches Play-to-Earn Bitcoin Solitaire Mobile Game From 2024 to 2025, the focus shifts to Andiami\x92s flagship hardware product \x96 \x93The Cube\x94\x96 a plug-and-play blockchain computer that runs full nodes for networks like Bitcoin and Ethereum. Many crypto users find the technical requirements for running full nodes too daunting. Di Iorio hopes the plug-and-play nature of The Cube, coupled with carefully crafted gamification, will make it easy and fun for users to run their favorite network\x92s full node, and in doing so, further decentralize blockchain infrastructure. \x93The goal is empowering people with what they need to be in control of their digital lives. It starts with you being your own server.\x94 Di Iorio told CoinDesk in an interview. \x93Anything that revolves around having a third party trusted intermediary between you and your money, or you and your identity, or you and your communications, isn\'t the ideal situation.\x94 A problem solving framework Di Iorio has been solving difficult crypto problems for many years. He wants to apply the problem-solving framework he used in prior endeavors to societal issues and has pledged $1 million to create an entity focused on this goal. \x93I have a framework for solving problems called \x91Perfect Formula.\x92 It\x92s a framework I built to solve problems with the end game being to create as many wins for as many stakeholders as possible,\x94 Di Iorio explained. Many people are familiar with author Stephen Covey\x92s \x93win-win\x94 concept that emphasizes mutually beneficial solutions to difficult problems. Di Iorio wants to extend this idea to create what he calls, \x93win-win-win\x94 outcomes. "There\'s so much competition and divisiveness in this ecosystem, Di Iorio said. "Our goal is to support the best projects and to give tools to the projects that aren\'t as good, to get better." Story continues The idea of everyone winning together is how Andiami got its name. Di Iorio is part Italian and modified the word, \x93andiamo\x94 (Italian for \x93let\x92s all go\x94) to better encapsulate his concept. \x93In Italian and in other languages, adding an \x93i\x94 at the end [of a word] pluralizes it. So it\'s not just, \x91let\'s all go,\x92 it\x92s \x91let\'s all go together,\x92\x94 Di Iorio explained. Gamification The initial phase of the Andiami project revolves around The Quest for Liberty \x96 a game where users buy player kits containing puzzles that can be solved to unlock Digital Life Tokens. Di Iorio says player kits will retail between $500 and $5,000. \x93A lot of things are going to depend on demand," Di Iorio said. \x93A lot of it is dependent on how many people join the waitlist and our funding targets for selling the player kits to make sure we have the funds we need to continue at different stages.\x94 Whatever the price ends up being, users will need to purchase player kits containing \x93Non-Fungible Phygi **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-11-08 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $380,746,915,294 - Hash Rate: 297875786.9173795 - Transaction Count: 295778.0 - Unique Addresses: 719305.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.31 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: North Korea’s state-sponsored cyber criminal group Lazarus has attacked Japanese crypto firms, according to a joint statement by Japan’s National Police and Financial Services Agencies. The attacks were carried out using phishing and social engineering techniques, according to a report by Japan News . Lazarus hackers allegedly reached out to target companies by pretending to be crypto company executives in emails and on social media. After establishing contact, the attackers then infected target companies’ internal systems with malware before making off with crypto. Authorities named the suspect group in an advisory statement before making any arrests—a measure that has only been taken five times in Japan’s history. The joint statement also gave some general security pointers, advising potential targets to store their private keys offline and to be careful when opening emails or hyperlinks. The NPA confirmed that several of the attacks had been successful but didn’t disclose details or the amounts stolen. Lazarus moves into crypto Lazarus is responsible for several major hacks outside the blockchain industry, including the 2017 WannaCry ransomware attack, 2014’s Sony Pictures attack, and a series of cyber raids on pharmaceutical companies in 2020, including COVID-19 vaccine developers AstraZeneca . This year, Lazarus also started purloining nine-digit figures in crypto. US Treasury Connects North Korean Hackers to $622M Axie Infinity Exploit In April, the group was connected to the historic $622 million attack on Sky Mavis’s Ethereum sidechain Ronin last month. Then in June, Lazarus was the lead suspect in a $100 million raid on Harmony Protocol . The June hack targeted Harmony’s Horizon bridge, a cross-chain bridge connecting Harmony to Ethereum, Binance Chain, and Bitcoin. Analysis by Elliptic at the time noted that similarities between both cross-chain bridge attacks are a strong indication of Lazarus’ likely involvement. Lazarus has also targeted crypto exchanges this year through counterfeit job listings with links and PDFs containing malware. In August, internet security researchers at ESET Labs flagged up a phoney Coinbase job listing that was really a Trojan horse deployed by the group. Last month, Lazarus repeated the attack with fraudulent Crypto.com job advertisements. Lazarus Group’s documented use of the crypto transaction privacy tool Tornado Cash was one of the reasons the U.S. Treasury cited for banning it .... - Reddit Posts (Sample): [['u/[deleted]', 'Unbelievable Growth', 52, '2022-11-08 02:29', 'https://www.reddit.com/r/Mastodon/comments/yp7c04/unbelievable_growth/', 'One week ago Mastodon was gaining an average of 27,000 per 24 hr.\n\nToday, that number has nearly quadrupled to over 100,000 per 24 hr.\n\nNo sign of leveling out yet.\n\nsource: [https://bitcoinhackers.org/@mastodonusercount](https://bitcoinhackers.org/@mastodonusercount)', 'https://www.reddit.com/r/Mastodon/comments/yp7c04/unbelievable_growth/', 'yp7c04', [['u/FourSeasonSigns', 12, '2022-11-08 04:38', 'https://www.reddit.com/r/Mastodon/comments/yp7c04/unbelievable_growth/ivi7q54/', 'I suspect very few are bot, if any. The rules and culture of the community is what filters the fascists. Admins can have their entire instance blocked off from the fediverse if they allow one rogue account to run loose breaking the TOU. The decentralized nature of it is the protection. \n\nGreat stuff. Brilliant, really.', 'yp7c04']]], ['u/TexasBoyz-713', 'It has now been a year since Bitcoin (and Crypto as a whole really) has entered a bear market. To all that still remain, good job!', 302, '2022-11-08 03:09', 'https://www.reddit.com/r/CryptoCurrency/comments/yp86u6/it_has_now_been_a_year_since_bitcoin_and_crypto/', 'On this day of last year, Bitcoin would see its last green daily candle before making its current ATH. The next two days saw slightly higher candle wicks, but not by much. Bitcoin’s price would enter an ATH around 69,000 (nice) and decline from there. \n\nFor 52 weeks, we would see dip after dip, crab after crab. It seems endless. But you know what they say, wealth is made during bear markets. \n\nI just want to congratulate everybody for sticking with crypto this entire time, especially the newcomers of last year’s bull run. Seeing your initial investment double, only to be sliced in 1/3rds over the next months, is never easy to see. But I believe patience will pay off here!\n\nI, like many of you, have continued buying this entire time. Friends/family don’t even mention crypto to me anymore, because they believe I’m down so tremendously (just they wait and see) and they don’t want to hurt my feelings. But personally I’m happy I get to buy more at these prices. \n\nWe may have not even bottomed yet, who knows. But one thing I know is that this bear can’t last forever! And if it does last a little longer, I, and hopefully you too, will be buying that much more!\n\nWe are a family! We take losses together, and we will SOAR together!!!', 'https://www.reddit.com/r/CryptoCurrency/comments/yp86u6/it_has_now_been_a_year_since_bitcoin_and_crypto/', 'yp86u6', [['u/Bucksaway03', 29, '2022-11-08 03:10', 'https://www.reddit.com/r/CryptoCurrency/comments/yp86u6/it_has_now_been_a_year_since_bitcoin_and_crypto/ivhwaah/', '52 weeks of lowering my average buy price.\n\nThis shit better pay off', 'yp86u6'], ['u/Kappatalizable', 144, '2022-11-08 03:19', 'https://www.reddit.com/r/CryptoCurrency/comments/yp86u6/it_has_now_been_a_year_since_bitcoin_and_crypto/ivhxgmv/', 'Congratulations to all 15 people that are still participating in this sub!', 'yp86u6'], ['u/buttonjustify', 41, '2022-11-08 03:23', 'https://www.reddit.com/r/CryptoCurrency/comments/yp86u6/it_has_now_been_a_year_since_bitcoin_and_crypto/ivhxybs/', 'bought at the top-ish. still holding on. nothing I can do\nnow', 'yp86u6'], ['u/Yuuki__konno', 10, '2022-11-08 03:36', 'https://www.reddit.com/r/CryptoCurrency/comments/yp86u6/it_has_now_been_a_year_since_bitcoin_and_crypto/ivhzo81/', "But I'm dead inside.", 'yp86u6'], ['u/Kappatalizable', 16, '2022-11-08 03:38', 'https://www.reddit.com/r/CryptoCurrency/comments/yp86u6/it_has_now_been_a_year_since_bitcoin_and_crypto/ivhzz81/', 'From 69k to 65k! Good job!!', 'yp86u6'], ['u/Every_Hunt_160', 14, '2022-11-08 03:57', 'https://www.reddit.com/r/CryptoCurrency/comments/yp86u6/it_has_now_been_a_year_since_bitcoin_and_crypto/ivi2jwv/', 'Great, less farmers so more moons to harvest for the rest of us in the sub', 'yp86u6'], ['u/Every_Hunt_160', 28, '2022-11-08 03:58', 'https://www.reddit.com/r/CryptoCurrency/comments/yp86u6/it_has_now_been_a_year_since_bitcoin_and_crypto/ivi2nhi/', 'Nothing you can do? You can always mortgage your house to buy more /s', 'yp86u6'], ['u/TheFedsKnow', 11, '2022-11-08 04:21', 'https://www.reddit.com/r/CryptoCurrency/comments/yp86u6/it_has_now_been_a_year_since_bitcoin_and_crypto/ivi5kmp/', "You get moons from just commenting? I don't get it", 'yp86u6'], ['u/Herecomesthekrakhead', 25, '2022-11-08 04:32', 'https://www.reddit.com/r/CryptoCurrency/comments/yp86u6/it_has_now_been_a_year_since_bitcoin_and_crypto/ivi70zb/', 'I believe it’s upvotes, but don’t take it from me I don’t get too many.', 'yp86u6']]], ['u/Emergency_Dragonfly4', 'How is everyone feeling after the SEC v LBRY ruling?', 24, '2022-11-08 03:57', 'https://www.reddit.com/r/CryptoCurrency/comments/yp980j/how_is_everyone_feeling_after_the_sec_v_lbry/', 'Many of you are likely aware that the SEC won its case against LBRY today. For those that don\'t know about LBRY, LBRY, is/was a blockchain-based file-sharing and payment network that powers decentralized platforms, primarily social networks and video platforms. LBRY\'s creators also created Odysee, an open-source video-sharing website that uses the network, and that was split into a separate company on October 1, 2021. Odysee was basically a decentralized youtube that allowed people to tip content creators.\n\nThe SEC sued LBRY last March and won its case today. The following information is from the SEC\'s press release on the case: "\\[t\\]he SEC seeks permanent injunctive relief, disgorgement plus prejudgment interest, and civil penalties. The SEC\'s complaint alleged that, from at least July 2016 to February 2021, LBRY, which provides a video sharing application, sold crypto asset securities called "LBRY Credits" to numerous investors, including investors based in the US. The complaint alleges that this was an offering and sale of securities under the federal securities laws, and that LBRY did not file a registration statement for the offering. The complaint further alleges that by failing to file a registration statement, LBRY denied prospective investors the information required for such an offering to the public."\n\nThis case is relevant because it puts most of the cryptocurrency market/ industry in the SEC\'s crosshairs. It is also relevant because the SEC will most likely use the LBRY ruling in its case against Ripple Labs, and probably the Coinbase employees that were charged with insider trading too. While it should be noted that LBRY relied on the fair notice defense, and Ripple Labs is arguing that XRP fails the Howey test, this really wasn\'t great news to hear.\n\nOne of the SEC\'s main arguments was that LBRY pre-mined its tokens, and kept a portion of those tokens for itself, and also that the LBC token did not have a use case when it was first created. How do you think centralized exchange tokens like BNB , CRO, FTT, Gemini dollar and others will be affected by this ruling? What about Tether?\n\nI think that each coin/its founders will have to argue that their token fails the Howey test, or that fair notice was not given. I don\'t think that the LBRY ruling will act as a blanket ban on the cryptos we know and love. I do think that the cryptocurrency industry will continue to feel uneasy while current and additional SEC cases are litigated. I think it is annoying that the SEC can say "you didn\'t give prosepctive investors information required for such an offering" when no one knows shit about fuck. Being more serious, it\'s annoying that while the SEC is arguing securities laws were broken, it is ultimately the hodlers of the tokens that are harmed by the decrease in price that inevitably results from a crypto being deemed a security.\n\nIt\'s my opinion that bitcoin is probably the most safe (as everyone has been saying) from the SEC. For the short-mid term, that\'s what I will be focusing my DCA on.\n\nSo, what are everyone\'s thoughts on today\'s ruling? How do you feel? Are you buying more, keeping your DCA, or holding off until more news? Wen Lambo?\n\n​\n\nTLDR: SEC won its case against LBRY today. How are you feeling about it?\n\nEdit: updated information about the Coinbase employees the SEC charged with insider trading. ', 'https://www.reddit.com/r/CryptoCurrency/comments/yp980j/how_is_everyone_feeling_after_the_sec_v_lbry/', 'yp980j', [['u/002timmy', 27, '2022-11-08 03:59', 'https://www.reddit.com/r/CryptoCurrency/comments/yp980j/how_is_everyone_feeling_after_the_sec_v_lbry/ivi2ut5/', 'Honestly, I didn’t even know there was a LBRY coin or a case against it. It’s hardly a well-known project', 'yp980j'], ['u/Sidibadawiin', 23, '2022-11-08 04:01', 'https://www.reddit.com/r/CryptoCurrency/comments/yp980j/how_is_everyone_feeling_after_the_sec_v_lbry/ivi31jj/', 'ripples case just became a lot more important. \nHopefully they still can manage to win.', 'yp980j'], ['u/Optimal_Store', 12, '2022-11-08 04:06', 'https://www.reddit.com/r/CryptoCurrency/comments/yp980j/how_is_everyone_feeling_after_the_sec_v_lbry/ivi3oze/', 'Ugh. We need clarity from them. Regulation by enforcement is not a good look', 'yp980j'], ['u/loaded-diper33', 11, '2022-11-08 04:26', 'https://www.reddit.com/r/CryptoCurrency/comments/yp980j/how_is_everyone_feeling_after_the_sec_v_lbry/ivi69ci/', "Given that it's not a known coin, let's also consider their budget constraints to keep the case going.", 'yp980j']]], ['u/karikalan1985', 'When someone says there will be only 21M buttcoin created so it will always go up.', 52, '2022-11-08 04:30', 'https://www.reddit.com/r/Buttcoin/comments/yp9x35/when_someone_says_there_will_be_only_21m_buttcoin/', 'Quote from a Bloomberg article: Too funny\n\n[https://www.bloomberg.com/news/features/2022-11-04/el-salvador-s-bitcoin-revolution-is-failing-badly?utm\\_campaign=bw&utm\\_medium=distro&utm\\_source=yahooUS](https://w... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Crypto people have seen things. They\'ve seen massive hacks and mind-boggling swindles and stunning success stories. But never have they seen a day like Tuesday, when the world\'s biggest crypto exchangecarried outthe corporate equivalent of murder on its closest competitor.\nIf you\'re not steeped in crypto and are wondering what everyone else is talking about, here\'s a basic guide to the insanity surrounding Binance and FTX—and why it matters.\nBinance is a giant offshore crypto exchange run by a wily Chinese-Canadian billionaireknown as CZ. Binance has been on top for a while, but, in recent years, an upstart competitor called FTX began to nip at its heels. FTX was founded by a young American with wild hairknown as SBF(initials are a thing in crypto).\nLast weekend, CZ began complaining about SBF\'s lobbying tactics and then used Binance\'s might in the market to destroy his competitor.\nThe two of them used to be pals, you see, and this included CZ investing in SBF\'s new cryptocurrency exchange. In time, CZ decided he didn\'t want to own it anymore, and, when he sold his stake in FTX, he took payment in a crypto token called FTT. Those tokens are used by customers on the FTX exchange to obtain trading discounts, but, unlike Bitcoin, are not especially liquid.\nIn hindsight, this was a foolish arrangement by SBF because it resulted in CZ owning a huge amount of FTT tokens, thus giving him power over FTX. It\'s as if Pepsi gaveCoca-Colaa big chunk of shares that Coke could sell off any time it wanted. And that\'s what happened:CZ got mad at SBF and flooded the market with loads of FTT tokens.\nThis was devastating because SBF also owns a trading fund that has a whole lot of FTT tokens on its balance sheet. When the price of FTT tokens began to crater, SBF tried to defend its value by selling other assets in order to buy up the FTT tokens flooding the market—but it didn\'t work, and, as the value of FTT tanked, SBF discovered his liabilities began to exceed his assets. By Tuesday, his companies were facing insolvency, and he had to turn to his rival to take them off his hands.\nIt\'s likely CZ did this in part because he wanted to squash a rising competitor. But part of it was personal. In recent months, regulators have been getting aggressive toward the crypto industry, and both Binance and FTX have been scrambling to stay on their good side. Amid all this, CZ came to believe SBF was whispering poisonin the ears of U.S. regulators—possibly suggesting to them that CZ was tied to China—and so CZ opted for revenge.\n"We gave support before, but we won\'t pretend to make love after divorce. We are not against anyone. But we won\'t support people who lobby against other industry players behind their backs," CZ wrote in a fateful tweet on Sunday. Two days later, he had destroyed his rival\'s company.\nNo. At least not yet. All CZ has said is that Binance signed a "letter of intent" to acquire FTX, which means it could happen, but there\'s no guarantee. In the meantime, CZ and SBF have indicated Binance will look after FTX\'s customers and make sure their funds aren\'t wiped out.\nWell, you could say it\'s CZ\'s fault because he didn\'t have use to his power over FTX to destroy it. But people are also pointing fingers at SBF for not being transparent about the full overlap between FTX and his trading company, which owned piles of FTT. If he had been transparent, people would have likely raised the alarm about this vulnerability earlier on, and maybe FTX could have prevented this mess.\nOthers have also made a more serious allegation: That SBF may have used customer funds to plug holes in the balance sheets of one or both of his companies. That\'s what happened in the case of several other crypto companies that imploded this spring, and it\'s a very bad thing. But to be clear, these are just allegations, and there\'s no proof SBF did this.\nYes, crypto has a well-deserved reputation for shenanigans and executives who play fast and loose. But this episode stands out since FTX is the second-biggest company in crypto, and because SBF was widely seen asthe golden boyof the industry who would help it get on the right side of regulators. So much for that.\nWell in the short term, it\'s not good news. Prices tumbled on rumors that FTX was in trouble but then rebounded briefly when Binance announced its rescue, only to crash again later on Tuesday.\nThese events have battered the price of FTT and a token called Solana that is associated with SBF. When there is a big selloff in a major token, it typically has a knock-on effect on the rest of the market, and that appears to be happening. Bitcoin was down around 10%, and Ethereum was down 15%, which is bad but not horrific forthe two largest coins by market cap.\nThis story was originally featured onFortune.com\nMore from Fortune:\nThe American middle class is at the end of an era\nElon Musk is facing trial again over his $56 billion Tesla paycheck that’s ‘the largest in human history’\nThe winners of the $1.5 billion Powerball jackpot will probably take it in cash. That’s a huge mistake, experts say\nThe US may be headed for a ‘tripledemic’—one doctor issues an urgent warning', 'Crypto people have seen things. They\'ve seen massive hacks and mind-boggling swindles and stunning success stories. But never have they seen a day like Tuesday, when the world\'s biggest crypto exchange carried out the corporate equivalent of murder on its closest competitor. If you\'re not steeped in crypto and are wondering what everyone else is talking about, here\'s a basic guide to the insanity surrounding Binance and FTX—and why it matters. What exactly happened? Binance is a giant offshore crypto exchange run by a wily Chinese-Canadian billionaire known as CZ . Binance has been on top for a while, but, in recent years, an upstart competitor called FTX began to nip at its heels. FTX was founded by a young American with wild hair known as SBF (initials are a thing in crypto). Last weekend, CZ began complaining about SBF\'s lobbying tactics and then used Binance\'s might in the market to destroy his competitor. Whoa, so how exactly did CZ do that? The two of them used to be pals, you see, and this included CZ investing in SBF\'s new cryptocurrency exchange. In time, CZ decided he didn\'t want to own it anymore, and, when he sold his stake in FTX, he took payment in a crypto token called FTT. Those tokens are used by customers on the FTX exchange to obtain trading discounts, but, unlike Bitcoin, are not especially liquid. In hindsight, this was a foolish arrangement by SBF because it resulted in CZ owning a huge amount of FTT tokens, thus giving him power over FTX. It\'s as if Pepsi gave Coca-Cola a big chunk of shares that Coke could sell off any time it wanted. And that\'s what happened: CZ got mad at SBF and flooded the market with loads of FTT tokens . This was devastating because SBF also owns a trading fund that has a whole lot of FTT tokens on its balance sheet. When the price of FTT tokens began to crater, SBF tried to defend its value by selling other assets in order to buy up the FTT tokens flooding the market—but it didn\'t work, and, as the value of FTT tanked, SBF discovered his liabilities began to exceed his assets. By Tuesday, his companies were facing insolvency, and he had to turn to his rival to take them off his hands. Story continues That\'s crazy. Why would CZ do such a thing? It\'s likely CZ did this in part because he wanted to squash a rising competitor. But part of it was personal. In recent months, regulators have been getting aggressive toward the crypto industry, and both Binance and FTX have been scrambling to stay on their good side. Amid all this, CZ came to believe SBF was whispering poison in the ears of U.S. regulators —possibly suggesting to them that CZ was tied to China—and so CZ opted for revenge. "We gave support before, but we won\'t pretend to make love after divorce. We are not against anyone. But we won\'t support people who lobby against other industry players behind their backs," CZ wrote in a fateful tweet on Sunday. Two days later, he had destroyed his rival\'s company. So does Binance now own FTX? No. At least not yet. All CZ has said is that Binance signed a "letter of intent" to acquire FTX, which means it could happen, but there\'s no guarantee. In the meantime, CZ and SBF have indicated Binance will look after FTX\'s customers and make sure their funds aren\'t wiped out. Who\'s to blame? Well, you could say it\'s CZ\'s fault because he didn\'t have use to his power over FTX to destroy it. But people are also pointing fingers at SBF for not being transparent about the full overlap between FTX and his trading company, which owned piles of FTT. If he had been transparent, people would have likely raised the alarm about this vulnerability earlier on, and maybe FTX could have prevented this mess. Others have also made a more serious allegation: That SBF may have used customer funds to plug holes in the balance sheets of one or both of his companies. That\'s what happened in the case of several other crypto companies that imploded this spring, and it\'s a very bad thing. But to be clear, these are just allegations, and there\'s no proof SBF did this. Okay, but why is this such a big deal? Doesn\'t stuff like this happen all the time in crypto? Yes, crypto has a well-deserved reputation for shenanigans and executives who play fast and loose. But this episode stands out since FTX is the second-biggest company in crypto, and because SBF was widely seen as the golden boy of the industry who would help it get on the right side of regulators. So much for that. So what does this mean for the price of cryptocurrencies? Well in the short term, it\'s not good news. Prices tumbled on rumors that FTX was in trouble but then rebounded briefly when Binance announced its rescue, only to crash again later on Tuesday. These events have battered the price of FTT 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: 2022-11-09 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $348,271,775,031 - Hash Rate: 272291363.5011629 - Transaction Count: 292265.0 - Unique Addresses: 754032.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.29 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Simmering tensions between the crypto industry’s two richest executives are spilling over into the already battered digital-asset market. Most Read from Bloomberg Musk’s First Email to Twitter Staff Ends Remote Work Sam Bankman-Fried’s $16 Billion Fortune Is Eviscerated in Days FTX Warns of Bankruptcy Without Rescue for $8 Billion Shortfall Meta to Cut 11,000 Jobs; Zuckerberg Says ‘I Got This Wrong’ FTX Had a Death Spiral On Sunday, Zhao “CZ” Changpeng, the billionaire chief executive of Binance Holdings Ltd. took to Twitter to announce plans to sell Binance’s roughly $530 million holding of FTT, the native token of Sam Bankman-Fried’s FTX. Binance and FTX run the world’s largest and seventh-largest crypto exchanges. Zhao said his decision was triggered by “recent revelations.” In a Nov. 2 article, news site CoinDesk said much of the balance sheet of Bankman-Fried’s trading house Alameda Research is comprised of the FTT token. FTT’s price fell in high trading volumes after Zhao’s announcement and traders rushed to withdraw funds from FTX. Caroline Ellison, CEO of Alameda, responded on Sunday to the CoinDesk story by saying “that specific balance sheet is for a subset of our corporate entities, we have >$10b of assets that aren’t reflected here.” Ellison later offered to buy all the FTT tokens from Binance at a price of $22. The coin was trading just above that level on Monday. Prices of most cryptocurrencies fell on Monday, even as equities advanced. Solana, a token backed by FTX and Alameda, was among the biggest decliners. FTT’s trading volume surged to the highest in more than a year, which “suggests market makers are working overtime to maintain liquidity amid high selling pressure,” Clara Medalie, head of research at analytics firm Kaiko, wrote in an email. “Overall, FTT is a relatively illiquid token on open markets, so Binance’s plans to liquidate all FTT tokens they hold is quite a significant market event,” she added. “Alameda will likely dedicate considerable resources to ensure the price of FTT doesn’t crash.” Zhao didn’t specify what “revelations” he was referring to. A Binance spokesperson declined to comment. FTX said on Monday it was “churning through” Bitcoin withdrawal transactions, making some changes to “help speed it up.” “A competitor is trying to go after us with false rumors,” Bankman-Fried said in a tweet on Monday. “FTX is fine. Assets are fine.” The dust-up between the two magnates comes at a fraught time for the industry, which has been rocked by a series of scandals this year, ranging from the implosion of the TerraUSD stablecoin to a string of bankruptcies among crypto lenders. The sector is “still suffering from PTSD,” said Anto Paroian, CEO of cryptocurrency hedge fund ARK36. Story continues Supporting FTT Binance’s holding of FTT is a legacy of its investment in FTX, which it sold last year for about $2.1 billion according to Zhao. The CEO said he’d try to sell the FTT tokens “in a way that minimizes market impact.” The process may take a couple of months to complete, he added. Zhao and Bankman-Fried have been trading barbs on Twitter in the past few months, feuding over issues ranging from lobbying US politicians to allegations of frontrunning trades. In a string of tweets on Sunday, Zhao first denied that selling FTT was a “move against a competitor,” although a later posting seemed to imply unhappiness with FTX. Zhao is worth $18.9 billion, according to the Bloomberg Billionaires Index, while Bankman Fried’s wealth stands at $15.4 billion. Crypto lender Nexo withdrew around $177 million in Ether and $10.8 million in stablecoin USDC from FTX over 24 hours, while asset manager Arca withdrew more than $31 million in Ether and USDT, according to data from researcher Nansen. Nexo co-founder and managing partner Antoni Trenchev declined to comment, as did Arca. In his Twitter thread on Monday, Bankman-Fried sought to allay investor concerns, saying that “FTX has enough to cover all client holdings” and that it’s processing all withdrawals “and will continue to be.” He ended it with an appeal to his longtime rival. (An earlier update corrected the title of Nexo’s Trenchev.) Most Read from Bloomberg Businessweek Peter Thiel’s Strategy of Pushing the GOP Right Is Just Getting Started Will the No. 2 Movie Theater Chain Find a Happy Ending? Binance’s Thumping of FTX Shows How Centralized Crypto Can Be Credit Suisse Spinoff Asks If World Needs a New Investment Bank Seizing a Russian Superyacht Is Much More Complicated Than You Think ©2022 Bloomberg L.P. View comments... - Reddit Posts (Sample): [['u/YouTubeDoomerBaldy', 'Yea, but who is holding all these supposed Tethers then? When you buy BTC, you trade USD for BTC. Who gives up their BTC in exchange for Tether? Who holds Tether long term?', 11, '2022-11-09 00:49', 'https://www.reddit.com/r/Buttcoin/comments/yq2l2r/yea_but_who_is_holding_all_these_supposed_tethers/', 'I want to see ponzi crypto implode to Beenie Baby levels. Yet the Tether printing press prevents a crash. How exactly? Can someone finally explain this once and for all? Yea, but who is holding all these supposed Tethers then? When you buy BTC, you trade USD for BTC. Who gives up their BTC in exchange for Tether? Who holds Tether long term? I don\'t know even one person who holds a stablecoin as investment. They own BTC. When they sell BTC, they don\'t want Tether, they either buy another coin like ETH or SOL, or cash out into USD. Can some person answer this basic question ?\n\nIn even simpler terms, who is the mythical cryptard who opens his crypto account and says, "Ahhh, there is my $100k balance of Tether, forever stuck at $1, muhuhaaha, In 10 years, it will still be $100k. Crypto is the greatest thing ever!" This makes ZERO sense, on any level. Why would anyone hold even a single penny of tether and not BTC ETH etc ?????????', 'https://www.reddit.com/r/Buttcoin/comments/yq2l2r/yea_but_who_is_holding_all_these_supposed_tethers/', 'yq2l2r', [['u/current_the', 10, '2022-11-09 01:31', 'https://www.reddit.com/r/Buttcoin/comments/yq2l2r/yea_but_who_is_holding_all_these_supposed_tethers/ivmcuwy/', 'This is a bigger issue, but for one example, many of these exchanges do not have any relationship with a bank, so you cannot deposit dollars for Bitcoin at that exchange. Instead you use dollars to buy Tethers to buy Bitcoin. Likewise, you can\'t cash out Bitcoin for dollars. It\'s Bitcoin for Tether, which you can ten liquidate for dollars.\n\nYou might ask why anyone would want to deal with an exchange like this, which seem inherently unsafe. It\'s because these exchanges offer insane levels of leverage for trading. Like *eyewatering* leverage for people who frankly don\'t have the wealth or access to funds to justify it in a "normal" (all the air quotes around normal that you like) exchange. \n\nThat\'s one example of why people would buy Tether - it\'s in transition to buying what they really want ($ for BTC or BTC for $), in places where they can\'t. \n\nThere are other uses that would probably be considered more b2b rather than business to consumer use. Most of that is predicated upon there being a billion shitcoins being moved around for a billion other shitcoins.', 'yq2l2r'], ['u/bobj33', 17, '2022-11-09 01:33', 'https://www.reddit.com/r/Buttcoin/comments/yq2l2r/yea_but_who_is_holding_all_these_supposed_tethers/ivmd55l/', 'Alameda, Cumberland, and Binance hold the majority of all the tethers out there. Alameda could be gone by tomorrow.\n\nhttps://cointelegraph.com/news/two-firms-account-for-the-majority-of-tether-received-report\n\nIn theory people are supposed to give tether $1 in actual US dollars and get 1 tether in return. Tether refuses to produce an audit so most intelligent people think it is a scam.\n\nThe big trading firms use tethers because it is easier to move them around because it helps them evade the law.', 'yq2l2r']]], ['u/Existing-Vegetable-3', 'For the 10000000th Time Get Your Bitcoin Off of Exchanges', 506, '2022-11-09 01:08', 'https://www.reddit.com/r/Bitcoin/comments/yq30oc/for_the_10000000th_time_get_your_bitcoin_off_of/', 'I am posting this because I constantly see people giving each other bad advice. The thought is that "Coinbase is pretty safe" or "Gemini is pretty safe" and self custody is complicated and hard. Well, FTX was bigger than both and look at them now. They froze withdrawals yesterday, lied about it, and are going under. Do you feel safe keeping your Bitcoin there? Read the terms and conditions for Coinbase where they tell you that they will use your assets as collateral in case they become insolvent. Believe them when they say that!\n\nIf you feel that self-custody is frightening, know that it is actually the whole point of Bitcoin - "a peer to peer electronic cash system." Not my Gemini account to my friend\'s Coinbase Pro account cash system. Paradoxically, onceyou withdraw your corn there will be a sense of calm you will have knowing you no longer need to trust a third party.', 'https://www.reddit.com/r/Bitcoin/comments/yq30oc/for_the_10000000th_time_get_your_bitcoin_off_of/', 'yq30oc', [['u/techma2019', 78, '2022-11-09 01:55', 'https://www.reddit.com/r/Bitcoin/comments/yq30oc/for_the_10000000th_time_get_your_bitcoin_off_of/ivmg5gv/', 'And sell your shitcoins.', 'yq30oc'], ['u/necroscope0', 44, '2022-11-09 02:15', 'https://www.reddit.com/r/Bitcoin/comments/yq30oc/for_the_10000000th_time_get_your_bitcoin_off_of/ivmitve/', 'Bro is right, I felt way better once I withdrew my corn out of there.', 'yq30oc'], ['u/Crazyiiis', 15, '2022-11-09 02:26', 'https://www.reddit.com/r/Bitcoin/comments/yq30oc/for_the_10000000th_time_get_your_bitcoin_off_of/ivmk98j/', 'I just got into the btc market last week, today has really hammered in the importance of owning my own storage.', 'yq30oc'], ['u/Existing-Vegetable-3', 18, '2022-11-09 03:01', 'https://www.reddit.com/r/Bitcoin/comments/yq30oc/for_the_10000000th_time_get_your_bitcoin_off_of/ivmovwp/', 'Everyone thinks they are late.', 'yq30oc'], ['u/zombiecorp', 16, '2022-11-09 03:12', 'https://www.reddit.com/r/Bitcoin/comments/yq30oc/for_the_10000000th_time_get_your_bitcoin_off_of/ivmqd0h/', 'All exchanges are safe. If they lose your coins you will get an email apology from the CEO.\n\n/s', 'yq30oc'], ['u/noemata1', 33, '2022-11-09 03:17', 'https://www.reddit.com/r/Bitcoin/comments/yq30oc/for_the_10000000th_time_get_your_bitcoin_off_of/ivmqzve/', 'You should say the 21 millionth time then people will listen.', 'yq30oc'], ['u/BusterMcBarman', 12, '2022-11-09 03:26', 'https://www.reddit.com/r/Bitcoin/comments/yq30oc/for_the_10000000th_time_get_your_bitcoin_off_of/ivms5xi/', 'Strike. Instant free transfers. Very small spread fee on purchases. Automatic DCA if you want.', 'yq30oc'], ['u/soliton-gaydar', 10, '2022-11-09 03:39', 'https://www.reddit.com/r/Bitcoin/comments/yq30oc/for_the_10000000th_time_get_your_bitcoin_off_of/ivmtwuc/', 'I know someone who is very hesitant to self-custody. They hedge about how they don\'t have time to look into it, and that they\'ll get around to it after they look more into it. They\'re not as maximalist as I am, seeing it as a highly volatile asset, and that\'s okay. I let them know about the other exchanges going under, and how people are suddenly deprived of their money, which they agree is terrible and a scary thought for them. I\'ve shown them BTC Sessions, which I consider a huge wealth of knowledge, but it\'s always coming back to "when I get around to it". Hell, Sessions walks you through the entire self-custody process, step by step!', 'yq30oc'], ['u/ghostingprofileanon', 108, '2022-11-09 04:26', 'https://www.reddit.com/r/Bitcoin/comments/yq30oc/for_the_10000000th_time_get_your_bitcoin_off_of/ivmzprt/', 'It’s true, once I shifted everything off the exchange into my personal wallet, boom…..calmness during this recent storm. 10/10 approve it.', 'yq30oc'], ['u/Latter_Box9967', 13, '2022-11-09 05:20', 'https://www.reddit.com/r/Bitcoin/comments/yq30oc/for_the_10000000th_time_get_your_bitcoin_off_of/ivn65re/', 'To be fair you hear zero stories about people not losing their keys.', 'yq30oc'], ['u/Wsemenske', 14, '2022-11-09 05:21', 'https://www.reddit.com/r/Bitcoin/comments/yq30oc/for_the_10000000th_time_get_your_bitcoin_off_of/ivn6agj/', 'Just after you get confirmation though, because those first couple minutes are indeed nerve-wracking the first time', 'yq30oc'], ['u/Latter_Box9967', 20, '2022-11-09 05:25', 'https://www.reddit.com/r/Bitcoin/comments/yq30oc/for_the_10000000th_time_get_your_bitcoin_off_of/ivn6ok4/', 'I **COULD** ~~could~~ lose everything, wallet, seed phrase, the lot. \n\nI’ve memorised the seed phrase. Surprisingly easy. Some magic words passed into a function and it all comes back again. \n\nThis feels very secure.', 'yq30oc'], ['u/ElephantsAreHeavy', 22, '2022-11-09 14:31', 'https://www.reddit.com/r/Bitcoin/comments/yq30oc/for_the_10000000th_time_get_your_bitcoin_off_of/ivohima/', 'Relying on the human brain is stupid.', 'yq30oc']]], ['u/OpticallyMosache', 'Had my first real moment of questioning this whole thing and whether or not I want to put any more money into it.', 18, '2022-11-09 01:17', 'https://www.reddit.com/r/CryptoCurrency/comments/yq38fa/had_my_first_real_moment_of_questioning_this/', "I've been avidly consuming crypto content and aggressively buying for a couple years. At the end of last year, I sold out of alts and went all in on BTC/ETH. I felt good about this decision and thought BTC/ETH would be safer. I was sure BTC would increase in dominance if the market crashed further but it hasn't. It's just as bad as the whole market. But after all these rough months and today's crash, I've asked myself how much more money am I willing to throw at this beast.\n\nDo I have enough BTC/ETH just to sit out now? I'm sort of in limbo. Haven't stopped my DCA but just how much more pain can I take and how much cheaper would my buys be in a few months?", 'https://www.reddit.com/r/CryptoCurrency/comments/yq38fa/had_my_first_real_moment_of_questioning_this/', 'yq38fa', [['u/Cheese6260', 10, '2022-11-09 01:20', 'https://www.reddit.com/r/CryptoCurrency/comments/yq38fa/had_my_first_real_moment_of_questioning_this/ivmbesc/', 'It’s hard to pick the true bottom but with DCA you can catch the bottom at least partially.\n\nI wonder the same thing but the reality is if we hit a bull market in the next few years, we will all look back and say this was a hell of a time to buy.', 'yq38fa'], ['u/Baecchus', 16, '2022-11-09 01:21', '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:** ['Cryptocurrency-exposed equities continued their dip Wednesday amid concerns around FTX’s financial health as Binance confirmed Wednesday afternoon that the exchange scrapped its letter of intent to buy rival exchange FTX. Shares of tech firm MicroStrategy (MSTR, which holds about 130,000 bitcoins, fell 20% Wednesday. Crypto exchange Coinbase (COIN) dropped 9.5%. Crypto-focused bank Silvergate (SI) declined 12%, while financial services firm Galaxy Digital ( GLXY.TO ) fell 16% in Toronto stock exchange. The stocks of bitcoin miners such as Riot Blockchain (RIOT) and Marathon Digital (MARA) also took a hit. Read more: Bitcoin, Crypto-Linked Equities Resume Falling Despite Binance/FTX Deal Bitcoin (BTC) fell about 15% to below $16,000, while Ether (ETH) dropped 15%, trading near $1,100. Aside from Binance-FTX failed deal, the U.S midterm election has been a key focus today, though crypto has spilled over into the broader market Wednesday. The tech-focused Nasdaq Composite Index (IXIC) fell about 2.5%. “What is complicating today’s mood on Wall Street is that the liquidity crisis for FTX is spilling over into other cryptos,” Edward Moya, Oanda’s senior markets analyst said in a note Wednesday afternoon. “FTX was viewed as one of the so-called safe crypto players and their demise is raising concerns that other key crypto companies could be vulnerable here.” Read more: Crypto Bank Silvergate’s Stock Defended By Analysts', 'Cryptocurrency-exposed equities continued their dip Wednesday amid concerns around FTX’s financial health as Binance confirmed Wednesday afternoon that the exchange scrapped its letter of intent to buy rival exchange FTX. Shares of tech firm MicroStrategy (MSTR, which holds about 130,000 bitcoins, fell 20% Wednesday. Crypto exchange Coinbase (COIN) dropped 9.5%. Crypto-focused bank Silvergate (SI) declined 12%, while financial services firm Galaxy Digital ( GLXY.TO ) fell 16% in Toronto stock exchange. The stocks of bitcoin miners such as Riot Blockchain (RIOT) and Marathon Digital (MARA) also took a hit. Read more: Bitcoin, Crypto-Linked Equities Resume Falling Despite Binance/FTX Deal Bitcoin (BTC) fell about 15% to below $16,000, while Ether (ETH) dropped 15%, trading near $1,100. Aside from Binance-FTX failed deal, the U.S midterm election has been a key focus today, though crypto has spilled over into the broader market Wednesday. The tech-focused Nasdaq Composite Index (IXIC) fell about 2.5%. “What is complicating today’s mood on Wall Street is that the liquidity crisis for FTX is spilling over into other cryptos,” Edward Moya, Oanda’s senior markets analyst said in a note Wednesday afternoon. “FTX was viewed as one of the so-called safe crypto players and their demise is raising concerns that other key crypto companies could be vulnerable here.” Read more: Crypto Bank Silvergate’s Stock Defended By Analysts', 'In this article, we discuss 12 best beauty stocks to buy now. If you want to see more stocks in this selection, check out5 Best Beauty Stocks To Buy Now.\nIn times of economic downturns, the beauty industry remains resilient, as consumers still like to splurge on beauty and skincare regimen, even if it might be in moderation. In 2022, consistently high inflation has tampered with impulsive purchases of beauty and personal care products. In the 12 months to October 1, 2022, there was a 2.1% decline in the sale of face care products in the United States, although higher prices made up for the lower volume. Similarly in Europe, over one in five customers are forecasted to allocate less money to their make-up and skincare products in the near future, as perresearchfromMcKinsey.\nFor huge beauty companies, having a diversified range of products at multiple price points has helped deal with the economic slowdown. In better economic times, premiumization in skincare and haircare has proven to be a consumer favorite, displaying superior growth. This is why firms like Unilever, whose prestige beauty segment posted double-digit growth in the third quarter of 2022, are experimenting with premium beauty products.\nSome of the best beauty stocks to consider in order to benefit from the defensive nature of the sector include The Procter & Gamble Company (NYSE:PG), Ulta Beauty, Inc. (NASDAQ:ULTA), and The Estée Lauder Companies Inc. (NYSE:EL).\nOurMethodology\nWe selected the following beauty stocks based on growth fundamentals, positive analyst coverage, and strong market visibility. We have arranged the list according to the number of hedge fund holders in each firm, tracked by Insider Monkey as of the second quarter of 2022.\nAfrica Studio/Shutterstock.com\nNumber of Hedge Fund Holders: 3\nL\'Oréal S.A. (OTC:LRLCY) is a French manufacturer and distributor of cosmetic products for women and men worldwide. The company operates through four divisions – Consumer Products, L\'oréal Luxe, Professional Products, and Active Cosmetics. L\'Oréal S.A. (OTC:LRLCY) provides its products under the L\'Oréal Paris, Garnier, Maybelline New York, NYX Professional Makeup, Essie, Lancôme, Yves Saint Laurent Beauté, Giorgio Armani Beauty, Kiehl\'s, Urban Decay, Ralph Lauren, IT Cosmetics, L\'Oréal Professionnel, Kérastase, La Roche-Posay, SkinCeuticals, CeraVe, Valentino, Mugler, and Viktor&Rolf brands, among others.\nOn October 24, Barclays analyst Laurence Whyatt maintained an Overweight rating on L\'Oréal S.A. (OTC:LRLCY) but lowered the firm\'s price target on the shares to EUR 375 from EUR 416.\nAccording to Insider Monkey’s data, 3 hedge funds were bullish on L\'Oréal S.A. (OTC:LRLCY) at the end of the second quarter of 2022, with collective stakes worth $873.3 million, compared to 3 funds in the prior quarter worth $1.04 billion. Ken Fisher’sFisher Asset Managementheld the biggest stake in the company, with 12.6 million shares valued at $872.2 million.\nLike The Procter & Gamble Company (NYSE:PG), Ulta Beauty, Inc. (NASDAQ:ULTA), and The Estée Lauder Companies Inc. (NYSE:EL), L\'Oréal S.A. (OTC:LRLCY) is one of the most prominent beauty stocks to monitor.\nHereis what ClearBridge Investments International Growth ACWI ex-U.S. Strategy has to say about L’Oréal S.A. (OTC:LRLCY) in its Q4 2021 investor letter:\n“Economies in Asia, meanwhile, are taking the opposite approach on stimulus, with China lowering its reserve requirement ratio for banks to support flagging growth in the world’s second largest economy. Japan’s new government passed a large stimulus bill after its economy contracted in the third quarter. Despite these actions, sentiment remains decidedly negative in these regions. We continue to see solid consumer demand in Asia, which has benefited our luxury and cosmetics holdings L’Oreal.”\nNumber of Hedge Fund Holders: 18\nSally Beauty Holdings, Inc. (NYSE:SBH) is a Texas-based specialty retailer and distributor of professional beauty supplies. The company offers beauty products such as hair color, skin and nail care products, and styling tools for retail customers and salon professionals. It is one of the best beauty stocks to invest in.\nOn October 21, Jefferies analyst Ashley Helgans took over coverage of Sally Beauty Holdings, Inc. (NYSE:SBH) with a Hold rating and a $13 price target, down from $15. The market for beauty brands is transforming rapidly, but so far beauty has withstood the shift from goods to services "given its connection to socialization, occasions, and self-care regimens," said the analyst. Jefferies’ data suggests high-single digit percentage year-over-year sales across mass and prestige, with pricing responsible for the majority of the increase, the analyst contended.\nAccording to Insider Monkey’s data, 18 hedge funds held long positions in Sally Beauty Holdings, Inc. (NYSE:SBH) at the end of Q2 2022, compared to 17 funds in the prior quarter. Bernard Horn’sPolaris Capital Managementis a notable position holder in the company, with 2.8 million shares worth $34 million.\nNumber of Hedge Fund Holders: 21\nUnilever PLC (NYSE:UL) is a London-based multinational fast-moving consumer goods company that operates through Beauty & Personal Care, Foods & Refreshment, and Home Care segments. The Beauty & Personal Care segment provides skin care and hair care products, deodorants, and skin cleansing products. Unilever PLC (NYSE:UL) is one of the top beauty stocks to monitor.\nOn November 1, investment advisory Morgan Stanley raised the price target on Unilever PLC (NYSE:UL) to $46 from $42.75 and maintained an Equal Weight rating on the shares. Analyst Pinar Ergun issued the ratings update.\nAccording to the second quarter database of Insider Monkey, 21 hedge funds held stakes worth $813.3 million in Unilever PLC (NYSE:UL), compared to 23 funds in the prior quarter worth $1.10 billion. Tom Russo’sGardner Russo & Gardneris the leading position holder in the company, with approximately 7 million shares valued at $319 million.\nHereis what Mayar Capital specifically said about Unilever PLC (NYSE:UL) in its Q2 2022 investor letter:\n“In 1895 the Lever brothers created a new brand of hand soap. Inspired by the growing demand for hygiene products, the Lifebuoy brand of soaps was launched to ‘make health infectious’. 128 years later the Lifebuoy brand continues as a leading soap brand – albeit without the coal tar-derived ingredients list. In fact, the market research firm Kantar ranked Lifebuoy as the global #3 most chosen FMCG brand in 2020, just below Coca-Cola (KO) and Colgate (CL) – an astonishing fact given the age of the brand. While the brand is largely absent from shelves here in the UK, it is a juggernaut in Asian markets, and is the #1 brand in India.\nNumber of Hedge Fund Holders: 22\ne.l.f. Beauty, Inc. (NYSE:ELF) is a California-based company that sells cosmetic and skin care products under the e.l.f. Cosmetics, e.l.f. Skin, Well People, and Keys Soulcare brands worldwide. It is one of the premier beauty stocks to consider. On November 2, the company posted a Q3 non-GAAP EPS of $0 **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-11-10 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $339,638,517,338 - Hash Rate: 268636445.8702748 - Transaction Count: 292831.0 - Unique Addresses: 774942.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.22 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Taiwan - ( NewMediaWire ) - October 31, 2022 - Recently, HotsCoin, an automated trading platform for digital currency quantitative strategies, was officially launched and roiled the quantitative investment circle. In the midst of a downturn in the cryptocurrency industry, with mainstream currencies falling and well-known traders' accounts shrinking significantly, the HotsCoin platform strategy still maintains an AMR of around 20%. At the invitation of the majority of users, the author took an in-depth look at the HotsCoin platform and its strategy, and summarized the advantages maintained by HotsCoin from five major sections of the company team, strategy, platform security, trading varieties, and functional design. It is understood that HotsCoin was officially launched in 2022 after three years of preparation and several rounds of internal iterative upgrade, and is now launched in Google Play and AppStore. The company aims to provide optimal solutions for digital currency asset investment, adapt to the uncertainty and high-risk nature of the crypto market, guarantee long-term stable quantitative appreciation of user assets, lead the financial data platform for quantitative investment, showcase investment opportunities in the crypto market industry, and help traders keep up with market trends of cryptocurrencies. HotsCoin's elite team has in-depth theoretical knowledge in finance and rich experience in cryptocurrency trading. The team members come from well-known venture capital companies in the cryptocurrency circle, previously managed assets of over $20 million, served famous partners such as Bitmain, covered over 200,000 users worldwide, and obtain outstanding achievements in many famous trading contest around the world. The platform is dedicated to provide professional quantitative strategies. Since entering the cryptocurrency market in 2015, the team members have focused on building market-matching, market-tested automated trading strategies that have been praised by investors and quantitative firms in general for their professionalism. Story continues In terms of strategy selection, HotsCoin has launched three core strategy solutions for cryptocurrencies, namely, congestion trading strategy, trend trading strategy and arbitrage trading strategy. Combining the amount of users' capital and risk preferences, and based on historical big data and AI backtrack, the team has developed a variety of compound strategies to meet the needs of different investors, ranging from 6% to 24% annualized for the stable arbitrage category and 20-50% return for the trend category, achieved stable asset growth. As a digital currency quantitative strategy platform, the first principle is security, no matter how high the profits is, once the assets are stolen, they have nothing to do with themselves. The key reason for the frequent loss of assets in the crypto industry is the platform's security management strategy and risk control strategy. As HotsCoin officially disclosed, as a third-party public trust platform that provides quantitative strategies, they does not store user assets, and instead they are stored in the original exchange. HotsCoin only provides API tools for data synchronization and strategy commons, and does not have the authority to withdraw user assets, which safeguards user assets from the source. Meanwhile, in terms of privacy, HotsCoin strategy runs on-chain without exposing user assets and user privacy information, and the platform is maintained by top technical talents 24h non-stop to protect the rights and interests of the user. In terms of trading variety support, HotsCoin supports a variety of mainstream coin contract trading pairs in the crypto market such as BTC, ETH, APT, etc., which can meet the diversified trading needs of users, and supports Binance, OKX, Huobi and other global mainstream exchanges. It supports multi-account, multi-platform, multi-currency, multi-strategy synchronous operation, distributed deployment, unlimited expansion. Through API authorization, you can visually manage multiple money accounts on HotsCoin and realize one terminal linking multiple markets around the world without having to observe multiple apps simultaneously, saving a lot of time wasted switching back and forth between multiple apps and making the right investment decision one step faster. Since 2022, the changes in the crypto market have ignited investors' enthusiasm for trading, and a large number of quantitative companies have emerged. Many Crypto exchanges and price-tracking software have crossed borders to layout quantitative trading, cause quantitative trading greatly compensates for human errors such as emotional operations and fatigue staring brought by manual trading, and is also an inevitable trend in the development of the trading market in the crypto industry. However, cross-border participation has exposed the problems of insufficient professionalism and slow development, and most platforms hold the attitude of trial and error, while HotsCoin is dedicated and focused on the research and development of quantitative strategies, and the team members all focus on the trading market, with mature strategies and rapid development, favored by the majority of institutional users and professional investors. In terms of overall functional design, HotsCoin adds SocialFi elements, users can create their own strategies on the platform, and the HotsCoin strategy team provides policy audits and encapsulation as well as strategy optimization instructions. It support users to build their own community, return to DAO, in the community to share trading tips, explain trading strategies, build their own fan groups, users can also exchange market-related information in a timely manner, while excellent strategies will also be favored by the community, with the power of the community to judge the truly excellent strategies. HotsCoin is not only a strategy platform, but also a Web3.0 financial underlying infrastructure for users to realize asset ownership and asset appreciation. According to the feedback of several users who have used HotsCoin, their trading steps are simple and easy for even a novice user to participate, and use risk management tools such as platform-embedded stop-loss/trailing stop and major market alerts function. The trading data is clear at a glance, and users can open and close strategies directly on their cell phones anytime and anywhere to achieve fast trading. After experiencing the functions of HotsCoin, users found that HotsCoin is a new generation automated trading platform for quantitative strategies with "evolution" function, which can continuously optimize and adjust the upgraded strategies according to the improvement of the crypto market to ensure that the relevant quantitative strategies can be at the forefront of the market. In the future, along with the continuous improvement of strategies, HotsCoin may bring more investment opportunities to the crypto market and lead the industry to move forward.... - 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 Rae Wee\nSINGAPORE, Nov 11 (Reuters) - The dollar languished on Friday after U.S. inflation data came in cooler than expected, raising market hopes that inflation may have peaked and that the Federal Reserve will begin scaling back its hefty interest rate increases.\nFigures showed that the consumer price index rose 7.7% year-on-year in October, the smallest gain since January and below forecasts of an 8% increase.\nThe dollar tumbled overnight after the release, and recorded its worst day against the Japanese yen since 2016, having fallen 3.7%. It has since clawed back some of those losses and last rose 0.53% to 141.69 yen.\nSterling saw its best daily gain since 2017, jumping over 3% overnight, along with the Aussie, which surged close to 3%, its largest since 2011.\nAgainst a basket of currencies, the U.S. dollar index slumped more than 2% overnight, the most in over a decade. It last stood at 108.06.\n"The overnight moves in the dollar were pretty sharp ... I do think the results in the U.S. CPI for October will support the case for a downshift in the FOMC rate hike in December," said Carol Kong, a currency strategist at Commonwealth Bank of Australia.\n"The Japanese government officials will certainly be happy about the drop in dollar/yen overnight ... it was mainly driven by the sharp drop in U.S. Treasury yields."\nU.S. Treasury yields moved decisively lower overnight as investors revised down their expectations of where U.S. rates could peak, with the benchmark 10-year Treasury yield slipping below 4% to its lowest in over a month.\nIn early Asia trade, the dollar was fighting to recoup some of its losses, with the euro last 0.31% lower at $1.0179, after rising nearly 2% overnight. The kiwi edged 0.43% lower to $0.6001, following a 2.4% overnight gain.\nThe pound clung to most of its overnight gains and was last down 0.32% at $1.1673, while the Aussie slipped 0.42% to $0.65915.\nFed funds futures show that markets are pricing in a 71.5% chance of a 50-basis-point rate increase and a 28.5% chance of a 75 bp increase at the Fed\'s December meeting, as compared to a nearly-evens chance a week ago.\n"There were flickers of encouragement in the October CPI release, but this pattern would need to be repeated in coming months for confidence to grow that inflation will moderate towards trend over the Fed\'s forecast horizon," said economists at ANZ.\nAlso at the top of investors\' minds on Friday was the ongoing turmoil in the crypto world after crypto exchange FTX\'s fall from grace.\nFTX is scrambling to raise about $9.4 billion from investors and rivals, a source told Reuters. Various institutional investors and officials have also since spoken out on the matter.\nCryptocurrencies remained under pressure, with FTX\'s native token, FTT, last 5% lower at $3.537, having fallen nearly 90% month-to-date.\nBitcoin fell 0.3% to $17,501, after plunging below $16,000 for the first time since late 2020 earlier in the week.\n(Reporting by Rae Wee. Editing by Gerry Doyle)', 'By Rae Wee SINGAPORE, Nov 11 (Reuters) - The dollar languished on Friday after U.S. inflation data came in cooler than expected, raising market hopes that inflation may have peaked and that the Federal Reserve will begin scaling back its hefty interest rate increases. Figures showed that the consumer price index rose 7.7% year-on-year in October, the smallest gain since January and below forecasts of an 8% increase. The dollar tumbled overnight after the release, and recorded its worst day against the Japanese yen since 2016, having fallen 3.7%. It has since clawed back some of those losses and last rose 0.53% to 141.69 yen. Sterling saw its best daily gain since 2017, jumping over 3% overnight, along with the Aussie, which surged close to 3%, its largest since 2011. Against a basket of currencies, the U.S. dollar index slumped more than 2% overnight, the most in over a decade. It last stood at 108.06. "The overnight moves in the dollar were pretty sharp ... I do think the results in the U.S. CPI for October will support the case for a downshift in the FOMC rate hike in December," said Carol Kong, a currency strategist at Commonwealth Bank of Australia. "The Japanese government officials will certainly be happy about the drop in dollar/yen overnight ... it was mainly driven by the sharp drop in U.S. Treasury yields." U.S. Treasury yields moved decisively lower overnight as investors revised down their expectations of where U.S. rates could peak, with the benchmark 10-year Treasury yield slipping below 4% to its lowest in over a month. In early Asia trade, the dollar was fighting to recoup some of its losses, with the euro last 0.31% lower at $1.0179, after rising nearly 2% overnight. The kiwi edged 0.43% lower to $0.6001, following a 2.4% overnight gain. The pound clung to most of its overnight gains and was last down 0.32% at $1.1673, while the Aussie slipped 0.42% to $0.65915. Fed funds futures show that markets are pricing in a 71.5% chance of a 50-basis-point rate increase and a 28.5% chance of a 75 bp increase at the Fed\'s December meeting, as compared to a nearly-evens chance a week ago. Story continues "There were flickers of encouragement in the October CPI release, but this pattern would need to be repeated in coming months for confidence to grow that inflation will moderate towards trend over the Fed\'s forecast horizon," said economists at ANZ. Also at the top of investors\' minds on Friday was the ongoing turmoil in the crypto world after crypto exchange FTX\'s fall from grace. FTX is scrambling to raise about $9.4 billion from investors and rivals, a source told Reuters. Various institutional investors and officials have also since spoken out on the matter. Cryptocurrencies remained under pressure, with FTX\'s native token, FTT, last 5% lower at $3.537, having fallen nearly 90% month-to-date. Bitcoin fell 0.3% to $17,501, after plunging below $16,000 for the first time since late 2020 earlier in the week. (Reporting by Rae Wee. Editing by Gerry Doyle)', 'By Saqib Iqbal Ahmed NEW YORK (Reuters) - The dollar fell across the board for a second straight day on Friday, as investors favoured riskier currencies following signs U.S. inflation is cooling that boosted the case for the Federal Reserve to ease off its hefty interest rate hikes. Friday\'s dollar weakness was an extension of the move set off after Thursday\'s data showed U.S. consumer inflation rose 7.7% year-on-year in October, its slowest rate since January and below forecasts for 8%. Against a basket of currencies, the dollar was down about 3.8% over two sessions, on pace for its largest two-day percentage loss since March 2009. The U.S. currency\'s long rally over the last two years had drawn a host of dollar bulls leading to crowded positioning and Thursday\'s data left a lot of them looking for a quick exit, strategists said. "It\'s not just short term trend-followers, momentum players having to get out of positions, but some long-term structural long dollar positions have to be unwound," said Marc Chandler, chief market strategist at Bannockburn Global Forex in New York. The dollar was 1.7% lower against the Japanese yen at 138.55 yen while the euro advanced 1.46% against the U.S. unit to $1.036. "The dollar is one of those markets that is extreme in its overvaluation - there is a strong chance we have seen the peak," Jim Cielinski, global head of fixed income at Janus Henderson Investors told the Reuters Global Markets Forum on Friday. Still, some strategists warned that dollar bears remain vulnerable to a possible near-term rebound. "Yes, more people have become convinced the dollar has peaked but the move has been so sharp that I caution people against chasing it," Bannockburn\'s Chandler said. The dollar found little support from survey data on Friday that showed U.S. consumer sentiment fell in November, pulled down by persistent worries about inflation and higher borrowing costs. Story continues The risk-sensitive Australian and New Zealand dollars advanced 1.4% and 1.6%, respectively, against the greenback. Investor risk appetite got an additional boost from Chinese health authorities easing some of the country\'s strict COVID-19 restrictions, including shortening quarantine times for close contacts of cases and inbound travellers. Sterling, meanwhile, rose 1.22% against the dollar to $1.1853 after UK data showed the economy did not contract as much as expected in the three months to September, although it is still entering what is likely to be a lengthy recession. The dollar was 2.4% lower against the Swiss franc at 0.94025 francs after Swiss National Bank Chairman Thomas Jordan said on Friday the bank was prepared to take "all measures necessary" to bring inflation back down to its 0-2% target range. Cryptocurrencies remained under pressure from ongoing turmoil in the crypto world after exchange FTX\'s fall. FTX\'s native token, FTT, was last down 26.7% at $2.731, taking its month-to-date losses to nearly 90%. Bitcoin fell 4.6% to $16,747. (Reporting by Saqib Iqbal Ahmed; Additional reporting by Anisha Sircar in Bengaluru; Editing by Richard Chang and Emelia Sithole-Matarise)', 'By Saqib Iqbal Ahmed NEW YORK (Reuters) - The dollar fell across the board for a second straight day on Friday, as investors favoured riskier currencies following signs U.S. inflation is cooling that boosted the case for the Federal Reserve to ease off its hefty interest rate hikes. Friday\'s dollar weakness was an extension of the move set off after Thursday\'s data showed U.S. consumer inflation rose 7.7% year-on-year in October, its slowest rate since January and below forecasts for 8%. Against a basket of currencies, the dollar was down about 3.8% over two sessions, on pace for its largest two-day percentage loss since March 2009. The U.S. currency\'s long rally over the last two years had drawn a host of dollar bulls leading to crowded positioning and Thursday\'s data left a lot 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: 2022-11-11 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $324,672,439,288 - Hash Rate: 244879481.2695022 - Transaction Count: 284467.0 - Unique Addresses: 747386.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.25 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: This has been a rough year for stocks. Every time the market has tried to bounce, some fresh news has come out, triggering another selloff. With inflation still running hot and the Federal Reserve set for more rate hikes, investors need to be cautious. That said, with the market down this far, there are some great bargains out there. But they aren’t all created equal. In fact, some names that look very cheap are actually stocks to sell. These seven stocks to sell, in particular, are attracting a lot of attention among traders. With high daily volume and the subject of much discussion on social media, these stocks might seem set for a comeback. But, as you’ll see, each of them comes with major drawbacks. As a result, when you’re bargain hunting, don’t buy these names. PLTR Palantir $8.03 CCL Carnival $8.10 COIN Coinbase $63.51 TLRY Tilray $3.29 FUBO FuboTV $3.74 M Macy’s $18.50 DNA Ginkgo Bioworks $2.47 InvestorPlace - Stock Market News, Stock Advice & Trading Tips Palantir (PLTR) A close-up shot of a hand on a screen with the Palantir (PLTR) logo. Source: Ascannio / Shutterstock.com Palantir (NYSE: PLTR ) has been shrouded in mystery for some time. The artificial intelligence and security software firm has been in business since 2003. It has extensive ties to the Central Intelligence Agency ( CIA ) and other national defense agencies. Investors have assumed that its proximity to key power centers would eventually lead to major profits for Palantir. However, it’s worth questioning when this is going to happen. Palantir will turn 20 years old next year. It’s hardly a young start-up anymore. The company was expected to be one of the top tech unicorns in the 2010s. But it finally limped to market with a poorly received direct stock offering in 2020, as Palantir wasn’t able to convert the buzz into real profits. PLTR stock surged from $10 to $35 after its direct listing as it got caught up in the meme-stock mania of early 2021. Palantir had a great pitch for the times with its ties to key government agencies and rumors about its big new contracts and deals. As meme stock-mania faded, however, Palantir has fallen below $10 per share. Story continues However, the company still has a market capitalization of more than $15 billion. That equates to a still-high valuation of eight times revenue for a firm that is barely breaking even and whose sales are only growing at around 20% per year. It’s time to stop giving Palantir excuses. Its business has been around long enough that it should have more results than this to justify all the hype. Carnival Corp (CCL) Carnival (CCL) cruise ship on water in front of beach with chairs Source: Flickr Carnival Corp (NYSE: CCL ) is one of the three big publicly traded cruise lines. Investors have gravitated to these stocks as a way of playing the great economic and tourism reopening after the pandemic. That idea made sense for a time. It was plausible that cruise lines would recover along with hotels, restaurants, airlines, and so on. However, fast forward to late 2022, and the thesis no longer holds water. The cruise lines have repeatedly missed analysts’ average estimates as their revenue and bookings have come up short of expectations. Meanwhile, inflation is wreaking havoc on the supply side of the equation. The prices of labor, fuel, and food have all surged, making it more expensive than ever for the companies to do business. CCL stock surged this week on hopes related to its new bond offering. It’s true that Carnival is unlikely to go bankrupt anytime soon. However, it faces a heavy debt load and serious dilution from all the shares that it issued to stay afloat during the pandemic. Long story short, Carnival isn’t going out of business, but its shares won’t return to their pre-pandemic levels anytime soon either. Coinbase Global (COIN) Silver Litecoin coin facing forward on a pile of litecoins Source: Shutterstock Coinbase Global (NASDAQ: COIN ) is one of America’s leading cryptocurrency exchanges. Last year, that seemed like quite a good business to be in. The price of leading cryptocurrencies were surging, and there was a great deal of excitement about crypto, as celebrities like Matt Damon were promoting it to consumers. Now, however, crypto is in trouble. Bankruptcies of crypto firms and failing stablecoins have become the new normal. Even the strongest cryptos have slumped amid a bear market for technology in general and blockchain in particular. Some traders are drawn to COIN stock because of its past earnings. The company earned $17 per share in 2021, which would imply a P/E ratio of four. That seems great. But the problem is that Coinbase’s earnings are inextricably tied to the price of cryptos because Coinbase charges fees based on a percentage of the value of transactions. When crypto prices slump, so does Coinbase’s earnings. Now, in fact, Coinbase is expected to lose more than $6 per share in 2022. Analysts, on average, expect the company to lose money in 2023 and 2024. In other words,  a big comeback for COIN stock  won’t occur unless and until the cryptocurrency market comes back to life. Tilray Brands (TLRY) Tilray (TLRY) logo on a web browser. Source: Jarretera / Shutterstock.com The Biden administration recently announced an executive order regarding cannabis. President Joe Biden is pardoning everyone convicted by the federal judiciary for marijuana possession. Additionally, he has ordered the government to look into changing the status of marijuana as an illegal drug as far as federal regulators are concerned. That action could reduce the severity of the government’s restrictions of cannabis and the punishments for its use. But such a move by Biden would not  legalize cannabis. While it would be a step in the right direction for the cannabis industry, it would be more of a gesture than a tangible development. Right now, American cannabis producers are held back by two main factors: High taxation and a lack of access to traditional banking channels. This Biden administration’s move won’t help solve either problem. Canadian marijuana firm Tilray Brands (NASDAQ: TLRY ) popped more than 30% on the announcement, though it has subsequently given back much of those gains. But there was little reason for Tilray to rally at all. Tilray is primarily involved in the Canadian market, so federal legalization in the United States — which, to reiterate, hasn’t happened yet — wouldn’t change the game for Tilray. Importantly, the firm continues to report operating losses, limited revenue growth, and has only modest exposure to the U.S. market. In other words, don’t buy TLRY stock as a  play on potential U.S. marijuana legalization. FuboTV (FUBO) FuboTV (FUBO) logo on iPhone display Source: Burdun Iliya / Shutterstock.com FuboTV (NYSE: FUBO ) was supposed to revolutionize sports television. Many FUBO bulls also believed that  FuboTV would also become a major player in the sports betting market as well. However, little of the company’s original vision has come to pass, and the shares are off by around 90% from their highs. Some traders might be drawn to Fubo because 26% of its shares are being sold short, creating the potential for a short squeeze. A squeeze could lead to a short-term jump by the stock price. Over the longer term, however, there’s very little evidence that FuboTV’s business model works. That’s why it’s on this list of stocks to sell. FuboTV is simply spending so much on content that its subscriber revenues aren’t covering its costs. Buying the rights to live sporting events rights, after all, is expensive. The company recently announced its preliminary Q3 results , including an adjusted EBITDA loss of around $100 million. That simply isn’t going to cut it. With the company’s cash balance being around $300 million, it could run out of funds by this time next year. On top of that, FuboTV is shuttering its sports betting operations. FuboTV may have an engaging product, but without a better business model, FUBO stock will keep on sliding. Macy’s (M) macy's mall department store storefront Source: digitalreflections / Shutterstock.com The shares of mall retailer Macy’s (NYSE: M ) have rallied off their lows in recent weeks. Traders are looking at M stock as a potential bargain because the shares are trading at around five times the analysts’ average estimate of the company’s earnings. The issue, however, is that its earnings may come in below the mean outlook. Macy’s and other department stores had a great 2021 as consumers spent at a record pace. But given high inflation, high gas prices, and souring employment prospects, consumers may be more thrifty this holiday season. Meanwhile, higher labor and product costs will put pressure on Macy’s profit margins. The company is also spending heavily on its share buyback program. That could pay off in a big way if the company can maintain its current profitability. As we saw with the decline of Sears and JC Penney , however, old-school retailers can easily fail if anything goes wrong. Macy’s may wish it kept that cash on its balance sheet instead of spending it on buybacks. Macy’s may work out, but it’s a risky bet that is far less of a sure thing than its low P/E ratio might suggest. Ginkgo Bioworks (DNA) Person holding mobile phone with logo of American biotechnology company Ginkgo Bioworks Inc. on screen in front of web page. Focus on phone display. Unmodified photo. DNA stock Source: T. Schneider / Shutterstock.com Ginkgo Bioworks (NYSE: DNA ) is a synthetic biology company. In English, that means it uses genetic engineering to design organisms which can be utilized for industrial purposes. The company has something of a novel business model, since it designs these genetic compounds and then attempts to sell them to customers across a variety of industries. This technology has tremendous potential. But hype, along with Cathie Wood’s position in the company, helped lift Gingko to a market capitalization of $20 billion a... - Reddit Posts (Sample): [['u/Zoey1234100', 'Pull all your assets out', 90, '2022-11-11 00:28', 'https://www.reddit.com/r/blockfi/comments/yrv4qf/pull_all_your_assets_out/', 'Just transferred all of my BTc and eth into a different wallet. Good luck 1-2 business days.', 'https://www.reddit.com/r/blockfi/comments/yrv4qf/pull_all_your_assets_out/', 'yrv4qf', [['u/TheBeatingDevice', 57, '2022-11-11 02:27', 'https://www.reddit.com/r/blockfi/comments/yrv4qf/pull_all_your_assets_out/ivw5us7/', 'BlockFi just posted they are pausing withdrawals. This isn’t a fire drill… Don’t say you weren’t warned.', 'yrv4qf'], ['u/shadowangel21', 19, '2022-11-11 02:29', 'https://www.reddit.com/r/blockfi/comments/yrv4qf/pull_all_your_assets_out/ivw65zz/', 'To late\n\nhttps://twitter.com/BlockFi/status/1590875997351866368', 'yrv4qf'], ['u/Youretoo', 11, '2022-11-11 02:29', 'https://www.reddit.com/r/blockfi/comments/yrv4qf/pull_all_your_assets_out/ivw677v/', 'Your comment didn’t age well it seems', 'yrv4qf'], ['u/Zoey1234100', 26, '2022-11-11 02:35', 'https://www.reddit.com/r/blockfi/comments/yrv4qf/pull_all_your_assets_out/ivw6x3u/', 'People are so cocky. I’m not spreading FUD , I have been rugged on an exchange before. I’m just trying to spread awareness.', 'yrv4qf'], ['u/TheBeatingDevice', 16, '2022-11-11 02:47', 'https://www.reddit.com/r/blockfi/comments/yrv4qf/pull_all_your_assets_out/ivw8fuv/', 'Props for trying to help… oh well. People are like, “I’ve had my funds in blockfi since Jesus was a kid, they ain’t doing me wrong” pfffff. Yeah right!!!', 'yrv4qf'], ['u/GloriousPetrichor', 12, '2022-11-11 02:56', 'https://www.reddit.com/r/blockfi/comments/yrv4qf/pull_all_your_assets_out/ivw9m92/', 'I hope they will let transaction through that were initiated before this post. I send a request to transfer my 1 ETH about 2 hours ago', 'yrv4qf'], ['u/ss1947', 11, '2022-11-11 02:59', 'https://www.reddit.com/r/blockfi/comments/yrv4qf/pull_all_your_assets_out/ivw9zxw/', 'People kept saying that its time to withdraw, I don’t know how folks were confident given what we have seen in 2022, my sympathies for the victims.', 'yrv4qf'], ['u/Alternative_Lie_8974', 14, '2022-11-11 03:01', 'https://www.reddit.com/r/blockfi/comments/yrv4qf/pull_all_your_assets_out/ivwa7ma/', 'I posted about them making it difficult to withdraw months ago and was mocked on this sub for spreading FUD. Now look where we are.', 'yrv4qf'], ['u/Nappingspider', 40, '2022-11-11 03:02', 'https://www.reddit.com/r/blockfi/comments/yrv4qf/pull_all_your_assets_out/ivwad19/', 'The time to do that was months ago, when it happened to Celsius users lol', 'yrv4qf'], ['u/vertin1', 13, '2022-11-11 03:54', 'https://www.reddit.com/r/blockfi/comments/yrv4qf/pull_all_your_assets_out/ivwgz4m/', 'My withdraw processed literally 2 hrs ago, I barely got out', 'yrv4qf'], ['u/logiauser', 13, '2022-11-11 03:56', 'https://www.reddit.com/r/blockfi/comments/yrv4qf/pull_all_your_assets_out/ivwh7ir/', 'Exactly what I did. Lost about a 1/3 of my holdings with Celsius and moved everything into storage after that.\n\nGrateful that I did it then. Hope people don’t get screwed but not hopeful.', 'yrv4qf'], ['u/Burning_Flags', 12, '2022-11-11 04:12', 'https://www.reddit.com/r/blockfi/comments/yrv4qf/pull_all_your_assets_out/ivwj8x1/', 'Rich people do.', 'yrv4qf']]], ['u/BusyBoredom', 'I know we think of bitcoin as a blue chip here, but here me out -- bitcoin kinda sucks', 31, '2022-11-11 01:54', 'https://www.reddit.com/r/CryptoCurrency/comments/yrwym0/i_know_we_think_of_bitcoin_as_a_blue_chip_here/', '* The L1 doesn\'t scale.\n* The L2 makes self-custody impractical.\n * Really, try maintaining self-custody on the lightning network without running an always-online node. You\'ve got to be a damn site reliability engineer to own your own coins.\n * Sure, maybe people don\'t need self custody. Tbh though if you\'re making that argument, then why are you into crypto in the first place?\n* It\'s traceable.\n * Do you post your bank statements on facebook? I didn\'t think so.\n * Do you tell the barista how much money is on you every time you buy a coffee? I hope not, that\'d be a great way to get mugged.\n * No, using a new address every time you receive payment doesn\'t solve this. You\'ll still link them together when you spend two outputs in the same tx.\n * No, lightning doesn\'t fix this. Active observers can still see your TXs in the absence of an on-chain record.\n * No, mixing doesn\'t solve this either. Paying a fee to obfuscate the source of funds is money laundering, and we all saw what happened to tornado cash.\n * No, coin-join doesn\'t fix this either. It\'s costly and complex and only works when many people do it -- and they won\'t, because it\'s costly and complex. It also generally relies on centralized third parties to orchestrate.\n* Software that doesn\'t get updated is just bad software. \n * The bitcoin community is dead-set on immutability. They are unwilling to adapt to a changing world. For example:\n * No ASIC resistance despite the centralization of ASIC production.\n * No block time changes despite improvements in physical network latency.\n * No block size changes despite the feasibility of randomized blockchain pruning.\n * No ring signatures or stealth addresses despite the erosion of pseudo-anonymity.\n* It\'s not even a good store of value.\n * Sure it\'s hella secure, but there\'s an eternal paper trail showing exactly how much you\'ve got stashed away. $5 wrench attack anyone?\n * It\'s a shit currency for all the reason\'s listed above, so you\'re gonna have to exchange it for USD to actually use it. So why not just hold cash?\n * The price is all over the place. If you care so much about securing your money, why put it into a risky moonshot like this?\n * If you distrust the gov enough to justify all of the above, might I suggest gold?\n * You can bury it just like your beloved stamped steel plates.\n * It doesn\'t require an internet connection to redeem (or even a radio, for you super nerds).\n * There\'s no eternal paper trail.\n * The price is way more stable.\n\nAnd finally, you may be thinking "**but the value will go up with adoption!**". I would respond with:\n\n*Who in their right mind would adopt this?*\n\n.\n\nDon\'t get me wrong, I love cryptocurrencies, I spend a lot of my free time making software contributions in the crypto space. I just think bitcoin specifically is kinda a shit currency.', 'https://www.reddit.com/r/CryptoCurrency/comments/yrwym0/i_know_we_think_of_bitcoin_as_a_blue_chip_here/', 'yrwym0', [['u/Keith5544', 31, '2022-11-11 01:59', 'https://www.reddit.com/r/CryptoCurrency/comments/yrwym0/i_know_we_think_of_bitcoin_as_a_blue_chip_here/ivw2f6f/', 'people buy it only in hopes of selling it higher to someone else\n\nwhen something fails its vision, you can always call it a store of value', 'yrwym0'], ['u/vvb777', 144, '2022-11-11 02:00', 'https://www.reddit.com/r/CryptoCurrency/comments/yrwym0/i_know_we_think_of_bitcoin_as_a_blue_chip_here/ivw2hm2/', 'Just here to see people come after you', 'yrwym0'], ['u/liveaskings', 55, '2022-11-11 02:01', 'https://www.reddit.com/r/CryptoCurrency/comments/yrwym0/i_know_we_think_of_bitcoin_as_a_blue_chip_here/ivw2otp/', '![gif](giphy|tyqcJoNjNv0Fq|downsized)\n\nThis will be fun', 'yrwym0'], ['u/Savik519', 74, '2022-11-11 02:02', 'https://www.reddit.com/r/CryptoCurrency/comments/yrwym0/i_know_we_think_of_bitcoin_as_a_blue_chip_here/ivw2pa0/', 'There is no centralized entity controlling bitcoin. There is no SBF, Do Kwon, Su Zhu, or anyone else to blow it up. It requires no trust and assumes every participant is a bad actor.', 'yrwym0'], ['u/Introvertive_Crawler', 12, '2022-11-11 02:03', 'https://www.reddit.com/r/CryptoCurrency/comments/yrwym0/i_know_we_think_of_bitcoin_as_a_blue_chip_here/ivw2vb7/', "There's one or two good points here but sorry, after all the shit today, I've become and plan to stay a BTC maxi", 'yrwym0'], ['u/Slayerrrrrrrr', 49, '2022-11-11 02:05', 'https://www.reddit.com/r/CryptoCurrency/comments/yrwym0/i_know_we_think_of_bitcoin_as_a_blue_chip_here/ivw33hm/', 'Maxis incoming', 'yrwym0'], ['u/Savik519', 21, '2022-11-11 02:06', 'https://www.reddit.com/r/CryptoCurrency/comments/yrwym0/i_know_we_think_of_bitcoin_as_a_blue_chip_here/ivw393g/', 'Shrug, bitcoin doesn’t care.', 'yrwym0'], ['u/princepersona1', 12, '2022-11-11 02:06', 'https://www.reddit.com/r/CryptoCurrency/comments/yrwym0/i_know_we_think_of_bitcoin_as_a_blue_chip_here/ivw398t/', "BTC isn't perfect by any means. But it's the king and I don't think anything is gonna change that", 'yrwym0'], ['u/BusyBoredom', 11, '2022-11-11 02:07', 'https://www.reddit.com/r/CryptoCurrency/comments/yrwym0/i_know_we_think_of_bitcoin_as_a_blue_chip_here/ivw3dw9/', "Might I at least suggest looking at some of the other OGs that improve on BTC's most obvious failings? \n\n\nI'm not gonna shill any here because I don't want this to be a shill post, but there are several other coins that have withstood the test of time and also happen to be passable currencies.", 'yrwym0'], ['u/IamThe0neWh0Knocks', 12, '2022-11-11 02:15', 'https://www.reddit.com/r/CryptoCurrency/comments/yrwym0/i_know_we_think_of_bitcoin_as_a_blue_chip_here/ivw4e9n/', 'Lmfao seeing this after the ftx debacle is priceless. Sure, sure, buddy, w.e helps you sleep at night.', 'yrwym0'], ['u/BusyBoredom', 10, '2022-11-11 02:15', 'https://www.reddit.com/r/CryptoCurrency/comments/yrwym0/i_know_we_think_of_bitcoin_as_a_blue_chip_here/ivw4fdu/', "Why not try to improve bitcoin's shortcomings instead of ignoring them? \n\n\nI don't want bitcoin to fail, but it's hard to be optimistic when the community makes no effort to improve it.", 'yrwym0'], ['u/KeyzAndBagz', 26, '2022-11-11 02:17', 'https://www.reddit.com/r/CryptoCurrency/comments/yrwym0/i_know_we_think_of_bitcoin_as_a_blue_chip_here/ivw4m36/', '![gif](giphy|uWzS6ZLs0AaVOJlgRd|downsized)', 'yrwym0'], ['u/BusyBore... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 Elizabeth Brockway/The Daily Beast/Getty Sen. Mark Kelly , the former astronaut who won one of the tightest statewide races in the country two years ago, has won a full term in office, beating political newcomer Blake Masters in a result that could determine control of the U.S. Senate. In 2020, Kelly was sworn into office to fill out the term of the late Sen. John McCain after a special election that he won by less than three points. Arizona’s reputation as a Republican stronghold has broken in recent election cycles, but a challenging national environment for Democratic candidates and a massive fundraising boost in recent weeks for Masters—as well as the Libertarian candidate dropping out of the race and endorsing his Republican opponent— narrowed the race from a double-digit lead for the incumbent to the single digits before Tuesday’s election. A former Navy aviator, Kelly first entered politics as an advocate for reforming the nation’s gun laws following the 2011 assassination attempt on his wife, former congresswoman Gabby Giffords. With a moderate voting record in office, Kelly pitched himself to Grand Canyon State voters as a level-headed consensus builder with a reputation for working with Republicans on Capitol Hill—and depicted his opponent as a political novice in the pocket of far-right extremists and shady tech billionaires . “I think we all know guys like this,” Kelly said of Masters in their sole debate in October. “Guys that think they know better than everyone about everything. You think you know better than women and doctors about abortion. You even think you know better than seniors about Social Security. You think you know better than veterans about how to win a war.” “Folks, we all know guys like this, and we can’t be letting them make decisions about us because it’s just dangerous.” Why MAGA Worshipper Blake Masters Has Arizona Sen. Mark Kelly on the Run Masters, a Bitcoin millionaire whose candidacy has been largely bankrolled by venture capitalist Peter Thiel, was originally a longshot for the Republican nomination. But a tight embrace of election denialism and anti-immigrant sentiment helped him defeat a crowded field of primary opponents—even if his general election campaign was dogged by allegations of anti-Black racism , political cronyism , and flirtation with 9/11 conspiracy theories . Story continues Kelly, meanwhile, contrasted himself as a commonsense moderate opposed to corporate and out-of-state interests controlling the state’s political future—and emphasizing dozens of Republicans who had endorsed his candidacy over Masters’. “I’m so grateful for the broad coalition of Arizonans who understand that we can accomplish more for this state if we work together,” Kelly said after announcing more than 40 such endorsements in August. “That’s exactly what I do every day in the Senate, where I focus on putting Arizona first—not any political party.” 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 Elizabeth Brockway/The Daily Beast/Getty Sen. Mark Kelly , the former astronaut who won one of the tightest statewide races in the country two years ago, has won a full term in office, beating political newcomer Blake Masters in a result that could determine control of the U.S. Senate. In 2020, Kelly was sworn into office to fill out the term of the late Sen. John McCain after a special election that he won by less than three points. Arizona’s reputation as a Republican stronghold has broken in recent election cycles, but a challenging national environment for Democratic candidates and a massive fundraising boost in recent weeks for Masters—as well as the Libertarian candidate dropping out of the race and endorsing his Republican opponent— narrowed the race from a double-digit lead for the incumbent to the single digits before Tuesday’s election. A former Navy aviator, Kelly first entered politics as an advocate for reforming the nation’s gun laws following the 2011 assassination attempt on his wife, former congresswoman Gabby Giffords. With a moderate voting record in office, Kelly pitched himself to Grand Canyon State voters as a level-headed consensus builder with a reputation for working with Republicans on Capitol Hill—and depicted his opponent as a political novice in the pocket of far-right extremists and shady tech billionaires . “I think we all know guys like this,” Kelly said of Masters in their sole debate in October. “Guys that think they know better than everyone about everything. You think you know better than women and doctors about abortion. You even think you know better than seniors about Social Security. You think you know better than veterans about how to win a war.” “Folks, we all know guys like this, and we can’t be letting them make decisions about us because it’s just dangerous.” Why MAGA Worshipper Blake Masters Has Arizona Sen. Mark Kelly on the Run Masters, a Bitcoin millionaire whose candidacy has been largely bankrolled by venture capitalist Peter Thiel, was originally a longshot for the Republican nomination. But a tight embrace of election denialism and anti-immigrant sentiment helped him defeat a crowded field of primary opponents—even if his general election campaign was dogged by allegations of anti-Black racism , political cronyism , and flirtation with 9/11 conspiracy theories . Story continues Kelly, meanwhile, contrasted himself as a commonsense moderate opposed to corporate and out-of-state interests controlling the state’s political future—and emphasizing dozens of Republicans who had endorsed his candidacy over Masters’. “I’m so grateful for the broad coalition of Arizonans who understand that we can accomplish more for this state if we work together,” Kelly said after announcing more than 40 such endorsements in August. “That’s exactly what I do every day in the Senate, where I focus on putting Arizona first—not any political party.” 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.", 'By Summer Zhen and Vidya Ranganathan\nHONG KONG/SINGAPORE, Nov 12 (Reuters) - Further details on the bankruptcy of crypto exchange FTX emerged on Saturday, even as peers and partners distanced themselves from the firm and sources told Reuters at least a billion dollars of customer funds on the exchange had vanished.\nThe saga that has shaken the crypto world began with a rumour on Nov. 2 and culminated on Friday with FTX filing for U.S. bankruptcy court protection from creditors and founder Sam Bankman-Fried resigning as chief executive in the industry\'s highest-profile collapse.\nThe distressed crypto trading platform had struggled to raise billions to stave off bankruptcy as traders rushed to withdraw $6 billion from the platform in just 72 hours and rival exchange Binance abandoned a proposed rescue deal this week.\nFTX, affiliated crypto trading firm Alameda Research and about 130 of its other companies have commenced voluntary Chapter 11 bankruptcy proceedings in Delaware, FTX said on Friday in a statement on Twitter.\nIn a follow-up tweet, FTX said subsidiaries LedgerX LLC, FTX Digital Markets, FTX Australia Pte Ltd, FTX Capital Markets, Embed Financial Technologies and Embed Clearing were not included in the Chapter 11 filings.\nPeople familiar with the matter told Reuters at least $1 billion of customer funds have vanished from FTX.\nBankman-Fried secretly transferred $10 billion of customer funds from FTX to Alameda, they said. A large portion of that has since disappeared, they said, with one source put the missing amount at about $1.7 billion and another estimating the gap was between $1 billion and $2 billion.\nThe nine days of turmoil hit already-struggling cryptocurrency markets, sending bitcoin to two-year lows . Bitcoin dropped after FTX\'s announcement and is down 18% this month, at $16,818 on Saturday.\nShares of cryptocurrency and blockchain-related firms have declined. FTX\'s token FTT plunged 30% on Friday, bringing its collapse this month to 91%.\n"Things will continue to simmer after the FTX crash," said Alan Wong, operations manager of Hong Kong Digital Asset Exchange.\n"With a gap of $8 billion between liabilities and assets, when FTX is insolvent, it will trigger a domino effect, which will lead to a series of investors related to FTX going bankrupt or being forced to sell assets. In an illiquid bear market, the event will lead to a new round of cryptocurrency declines, as well as a liquidation of leverage."\nIt was an abrupt fall from grace for a company that was once a darling of the crypto industry. FTX raised $400 million from investors in January, valuing the company at $32 billion.\nBankman-Fried, 30, known for his shorts and t-shirt attire, has morphed from being the poster child of crypto\'s successes to the protagonist of the industry\'s highest-profile crash.\nCONTAINING LOSSES\nIn its bankruptcy petition, FTX Trading said it has $10 billion to $50 billion in assets, $10 billion to $50 billion in liabilities, and more than 100,000 creditors. John J. Ray III, a restructuring expert, has been appointed to take over as CEO.\nCryptocurrency exchange Coinbase Global Inc will write off the investment its ventures arm made in FTX in 2021, according to a person familiar with the matter. Its CEO Brian Armstrong told CNBC crypto markets need regulation to avoid more washouts like FTX.\nU.S. video game retailer GameStop Corp said it was winding down its gift card marketing partnership with FTX US and providing full refunds to customers.\nBankrupt crypto lender Celsius said in a tweet it has some Serum tokens on FTX, most of which were locked, as well as some **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-11-12 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $323,994,043,625 - Hash Rate: 305185622.17915577 - Transaction Count: 239254.0 - Unique Addresses: 677645.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.21 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: XRP rose as much as 8% in the past 24 hours to lead recovery among crypto majors as broader equity markets declined ahead of a key interest rate decision this week. The rise in XRP came as token issuer Ripple Labssaid in a filing to the U.S. Securities and Exchange Commission (SEC)that XRP wasn’t a security subject to the regulator’s authority. Ripple sought dismissal of the SEC lawsuit before trial in federal court in Manhattan, arguing that XRP could not be considered a security because there was no “investment contract” that granted investors the rights to or require the issuer to act in their interests. In a 2020 suit, the SEC accused Ripple of misleading XRP investors by failing to register the token as a security and not providing adequate disclosure – a claim that Ripple continues to defend. Bitcoin (BTC), Cardano’s ADA, and ether (ETH) rose over 4%, while meme coins dogecoin (DOGE) and shiba inu (SHIB) increased a nominal 2%. Ethereum classic (ETC) slid 15% as the hype around its revival tapered off, while overall crypto market capitalization added 3.4% after falling Monday to $930 billion for the first time since July. On Tuesday, the pan-European stock index Stoxx 600 fell 0.59% – reaching levels previously seen in the first week of July. U.S. tech-heavy Nasdaq 100 rose 0.76% in pre-market trading, pointing to gains when the New York session opens. Asian markets rose, with Hong Kong’s Hang Seng closing 1.16% higher amidhopes for reopening its international borderssooner than expected. That recovery came on the back of a decline in equity markets Monday amid fears among traders expecting outsized higher rate hikes, with the U.S. Federal Reserve expected to again hike rates by 75 basis points on Wednesday, as per Bloomberg economists. The hike comes as policymakers escalate their effort to contain inflation – which investors fear would trigger a recession as higher rate hikes eventually lead to higher commodity prices and muted spending power. Meanwhile, some market observers said the possibility of the Fed hiking rates by an entire percentage point was still in the cards. “With August inflation figures of 8.3%, the Fed will be even more determined to raise interest rates by up to 100 basis points,” opined Chris Esparza, CEO and founder of Vault Finance, in an email. “Bitcoin has the highest correlation with the broader stock market, which has been under seller pressure since the inflation data was released,” Esparza added. He pointed out that previous rate hikes have led to an immediate price correction in bitcoin as the asset followed the movement of broader equity markets.... - Reddit Posts (Sample): [['u/Stebbin8r', 'WORD OF ENCORAGEMENT Regarding FTX Bankruptcy', 46, '2022-11-12 00:52', 'https://www.reddit.com/r/VoyagerExchange/comments/ysr2re/word_of_encoragement_regarding_ftx_bankruptcy/', 'I replied in comments to other posts, but I was encouraged by darkmatterhunter to make this a seperate post. I hope it provides some encouragement in a troubled situation:\n\nThe FTX proposal for VOYAGER was a blessing because VOYAGER ("Estate") was able to capture $5Million good faith deposit, and repayment of a loan (6,500 BTC and 50,000 ETH) before FTX Group filed bankruptcy.\n\nGiven that the only outstanding thing with FTX was $3Million in Locked Luna (LLUNA), VOYAGER Estate actually walked away from FTX Group + $2Million. \n\nIn short, some of our crypto has been reconstituted before going back out to bid. That changes the metrics in a positive way as potential buyers package bids. \n\nImagine the negative impact FTX Group\'s bankruptcy would have had if we did NOT get the loan paid back.', 'https://www.reddit.com/r/VoyagerExchange/comments/ysr2re/word_of_encoragement_regarding_ftx_bankruptcy/', 'ysr2re', [['u/Objective-Curve4880', 23, '2022-11-12 01:53', 'https://www.reddit.com/r/VoyagerExchange/comments/ysr2re/word_of_encoragement_regarding_ftx_bankruptcy/iw0o6rs/', "Happy to see you guys are paying attention to what's going on, and I like the optimism, cheers.", 'ysr2re']]], ['u/bmagas', 'Latest email update.', 14, '2022-11-12 00:56', 'https://www.reddit.com/r/Invest_Voyager/comments/ysr5tt/latest_email_update/', 'Looks like they succeeded in getting all the funds back? Statement in latest email update.\n\n"Voyager successfully recalled loans from Alameda Research for 6,500 BTC and 50,000\xa0ETH. At this time, Voyager has no loans outstanding with any borrower."', 'https://www.reddit.com/r/Invest_Voyager/comments/ysr5tt/latest_email_update/', 'ysr5tt', [['u/No_Ordinary765', 16, '2022-11-12 02:19', 'https://www.reddit.com/r/Invest_Voyager/comments/ysr5tt/latest_email_update/iw0rais/', 'It was 3AC that f…ed us not Alameda.', 'ysr5tt']]], ['u/Samuelmark86', 'Just stay away from exchange tokens!', 32, '2022-11-12 02:19', 'https://www.reddit.com/r/CryptoCurrency/comments/ysswfi/just_stay_away_from_exchange_tokens/', 'That’s it everyone! If you don’t listen or care what I say then that’s ok. It’s sad what’s happening now. But even if one person takes this message and goes with it then I’m happy. Exchange tokens/coins ain’t worth a thing in the grand scheme of things. Bitcoin all the way! And I’m not even a maxi!!! But please don’t opt in to these funny money coins/tokens. We’re living in dangerous times right now. Don’t throw you’re money away for some clown to profit! Be smart! Research! I messed up! Loads of times since 2017. We all have! But please let’s focus on the good stuff! The long term stuff! Downvote as you wish but hopefully I’ve helped someone! Exchange coins are not the way. I wish you well', 'https://www.reddit.com/r/CryptoCurrency/comments/ysswfi/just_stay_away_from_exchange_tokens/', 'ysswfi', [['u/armenikan', 24, '2022-11-12 02:36', 'https://www.reddit.com/r/CryptoCurrency/comments/ysswfi/just_stay_away_from_exchange_tokens/iw0t9tn/', "CRO is not an exchange token, it's a native token of Cronos blockchain, which is created and backed up by CDC. Success of CRO has little to do with CDC, but only with the success of Cronos blockchain, that's the reason why the token was rebranded, to be more associated with the blockchain and not exchange.", 'ysswfi'], ['u/HeroinAndyCx', 11, '2022-11-12 02:49', 'https://www.reddit.com/r/CryptoCurrency/comments/ysswfi/just_stay_away_from_exchange_tokens/iw0uum2/', 'Got you, bought more BNB.', 'ysswfi']]], ['u/shin_jury', 'An all-time high of 68% of Bitcoins haven’t moved in over a year', 107, '2022-11-12 03:17', 'https://www.reddit.com/r/CryptoCurrency/comments/ysu0a2/an_alltime_high_of_68_of_bitcoins_havent_moved_in/', '[1Y+ HODL Wave](https://www.lookintobitcoin.com/charts/1-year-hodl-wave/) is a chart which uses on-chain data to show the percentage of bitcoins that haven’t been moved in over 1 year. This metric is currently at 68%, which is an all-time high. Not only have over 2/3 of bitcoins not been sold in over a year, but not even moved from wallet-to-wallet. Credit to Philip Swift and Unchained Capital for the graph.\n\nHow is this useful or significant?\n\nMany in the Bitcoin community see this as a sign that: \n\n1. Long-term holders are growing in the quantity of their Bitcoin stacks\n\n2. Bitcoin holders currently have high conviction \n\n3. Combining this info with additional data shows us that more people than ever before are holding their sats in their own wallets [rather than on exchanges](https://www.coinglass.com/Balance)\n\n4. Price is obviously in the toilet so people are buying and holding, not selling!\n\nThis data was recently discussed at length on a recent episode of What Bitcoin Did Podcast with Peter McCormack: [Bitcoin Can’t Lose with Parker Lewis](https://podcasts.apple.com/us/podcast/what-bitcoin-did-with-peter-mccormack/id1317356120?i=1000585071334). This was one of my favorite recent episodes of this podcast.\n\nIf looking at basic price charts just isn’t quite enough to satisfy you, lots more data like this is available on [Look Into Bitcoin](https://www.lookintobitcoin.com/charts/).', 'https://www.reddit.com/r/CryptoCurrency/comments/ysu0a2/an_alltime_high_of_68_of_bitcoins_havent_moved_in/', 'ysu0a2', [['u/statesBoy313', 24, '2022-11-12 03:19', 'https://www.reddit.com/r/CryptoCurrency/comments/ysu0a2/an_alltime_high_of_68_of_bitcoins_havent_moved_in/iw0ybex/', 'can confirm, I have not moved me 0.0003 bitcoin either', 'ysu0a2'], ['u/Kappatalizable', 10, '2022-11-12 03:20', 'https://www.reddit.com/r/CryptoCurrency/comments/ysu0a2/an_alltime_high_of_68_of_bitcoins_havent_moved_in/iw0yhne/', 'In the midst of all these FUD, diamond hands win', 'ysu0a2'], ['u/solemnJoker', 17, '2022-11-12 03:34', 'https://www.reddit.com/r/CryptoCurrency/comments/ysu0a2/an_alltime_high_of_68_of_bitcoins_havent_moved_in/iw1013p/', "Cuz there's nothing to do with it.", 'ysu0a2'], ['u/Onionjuiceboxwfrys', 31, '2022-11-12 03:39', 'https://www.reddit.com/r/CryptoCurrency/comments/ysu0a2/an_alltime_high_of_68_of_bitcoins_havent_moved_in/iw10ni5/', 'I always wonder what percentage simply no longer have access to wallets', 'ysu0a2'], ['u/SourerDiesel', 11, '2022-11-12 05:08', 'https://www.reddit.com/r/CryptoCurrency/comments/ysu0a2/an_alltime_high_of_68_of_bitcoins_havent_moved_in/iw1abzi/', "Actually the opposite. Number of wallets with <.1 coins just keeps growing in an uptrend. At the moment it's going up at historically fast rates as plebs withdraw from exchanges.\n\nAnyone who thinks BTC is outdated tech (not saying you do), doesn't understand it at all. Proof of Work is the biggest game changer in this entire space. Bitcoiners understand why, and that's why they have such strong conviction.\n\nP.S. I'm bullish on ETH and hold it b/c I think it has potential for different reasons, but BTC is the best money ever created on a first principles basis - it's king for a reason.", 'ysu0a2']]], ['u/long218', "Sam Bankman-Fried was playing League of Legends during fundraising Zoom call with Sequoia Capital. Source: Sequoia's SBF profile article.", 150, '2022-11-12 04:37', 'https://www.reddit.com/r/CryptoCurrency/comments/ysvi2e/sam_bankmanfried_was_playing_league_of_legends/', '[Financial Times posted an article on it too](https://www.ft.com/content/23ab2258-ce03-4fbb-a9b2-7d9ec6e3d7f0)\n\n> \tThe Zoom went well for all concerned. SBF looked relaxed as he answered questions, talking, as he usually does, in complete paragraphs about topics of extreme complexity [1]. Ramnik Arora, FTX’s head of product and another ex-Facebook engineer, remembers the meeting clearly: “We’re getting all these questions from Sequoia toward the end. He’s absolutely fantastic.” Arora locks eyes with me, and I am mesmerized. Arora is intense—calling to mind a Bollywood version of Adrian Brody [2]. “Unbelievably fantastic,” he says, shaking his head.\n> \n> Bailhe remembers it the same way: “We had a great meeting with Sam, but the last question, which I remember Alfred asking, was, ‘So, everything you’re building is great, but what is your long-term vision for FTX?’”\n> \n> That’s when SBF told Sequoia about the so-called super-app: “I want FTX to be a place where you can do anything you want with your next dollar. You can buy bitcoin. You can send money in whatever currency to any friend anywhere in the world. You can buy a banana. You can do anything you want with your money from inside FTX.”\n> \n> Suddenly, the chat window on Sequoia’s side of the Zoom lights up with partners freaking out.\n> \n> “I LOVE THIS FOUNDER,” typed one partner.\n> \n> “I am a 10 out of 10 [3],” pinged another.\n> \n> “YES!!!” exclaimed a third.\n> \n> What Sequoia was reacting to was the scale of SBF’s vision. It wasn’t a story about how we might use fintech in the future, or crypto, or a new kind of bank. It was a vision about the future of money itself—with a total addressable market of every person on the entire planet.\n> \n> “I sit ten feet from him, and I walked over, thinking, Oh, shit, that was really good,” remembers Arora. “And it turns out that that fucker was playing League of Legends through the entire meeting.”\n> \n> “We were incredibly impressed,” Bailhe says. “It was one of those your-hair-is-blown-back type of meetings.”\n> \n> Not only that, Arora says, but League of Legends is the kind of multiplayer online battle arena video game where every four minutes or so of tactical maneuvering is punctuated by ten seconds of action known as a gank—gamer slang for “gang killing”—where you and your team gang up on an enemy. “There’s a fight that happens, basically,” says Arora, who was watching over SBF’s shoulder as he answered... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 Barani Krishnan Investing.com - The Randy Newman song \'You\'ve Got a Friend in Me\' could well be the backdrop for the historic U.S.-China summit that opens Monday at the G20. Xi Jinping once called Joe Biden \x93my old friend\x94 and the U.S. President responded with a similar endearment. Lately, however, Biden called Xi \x93a thug\x94, after China made clear that not even the United States could stand in its way of acquiring Taiwan. Despite such adversity, White House officials are counting on the one-time personal connection between the two men to resurface at the summit and lead to Sino-American cooperation in areas with common goals. In fact, Xi might already be assisting a Biden goal in the strangest way possible: Low oil prices via China\x92s Covid-zero (or alternatively zero-Covid) policy. Unless you\x92ve been living under a rock, there\x92s little chance that you\x92d have missed the almost daily headlines on the Xi administration\x92s whack-a-mole way of dealing with the coronavirus now, three years after the virus had its first outbreak in the Chinese city of Wuhan. Using snap lockdowns, mass testing, extensive contact tracing and quarantines to stamp out infections as soon as they emerge, the Covid-zero policy has taken a heavy toll on the world\x92s number two economy and led to angry backlashes from its people. Thus, Friday\x92s move to reduce the quarantine period for travelers in China, along with the scrapping of a restriction on international flights, appeared to be a compromise by Beijing to appease a population that had become weary of one lockdown after another - a phenomenon no longer happening in any other country. Many suspect Xi ultimately has no intention to do away with the policy - a conviction arising not just from his renewing of his no-Covid vow when he was sworn in for a historic third term as president. Some say China\x92s reasons for the policy go beyond health - into the territory of national pride, for instance. Story continues Beijing relies entirely on home-grown vaccines for Covid - which, according to experts interviewed by Western media, aren\x92t as effective as globally-trusted brand names such as Pfizer, Moderna Novavax, and J&J. A Hong Kong study cited by Barron\x92s suggests that Chinese-produced Sinovac needs three injections to provide equivalent protection to Pfizer and Moderna\x92s vaccines. Sufficient data to disprove this is difficult to come by, as China keeps a tight lid on information-sharing. Beijing is now trying to develop its own mRNA vaccine, similar to Pfizer and Moderna\x92s, but it\x92s fallen far behind as a result, media reports have said. Others cite pure financial or economic reasons, saying pandemic-emergency responses limit any sort of run on Chinese banks and allow Beijing to bypass U.S. sanctions on Russian oil to buy limitless amounts of this at rock-bottom prices. China saved about $3 billion in buying Russian oil versus other imports between April and July, according to Reuters\' calculation based on customs data. On average, China paid about $708 per tonne for Russian crude while the value of imports from the rest of the countries was $816 per tonne. Biden, of course, doesn\x92t give a rodent\x92s rear to what China is doing to fight Covid; how many Chinese are in undeserved lockdowns and whether local vaccines will save them or cause irreversible damage over time (sorry for the bluntness). But if the sum of all actions by Beijing brings the price of oil down, we can assume the U.S. president will be happy. China is the world\x92s largest importer of crude: last year, it imported 11.8 million barrels per day, outpacing the United States, which takes in 9.1 million barrels per day. Back in May, the oil price rally came to a screeching halt after Beijing adopted a zero-Covid strategy and announced strict containment measures that included major lockdowns. But the restrictions also had a severely negative impact on Chinese consumer demand and manufacturing output. According to year-on-year (y-o-y) figures for April, retail sales fell by 11.1%, industrial production by 2.9% and manufacturing by 4.6%. Meanwhile, the Chinese yuan and the MSCI Emerging Markets Currency Index both fell in tandem in April. In the past two weeks, as OPEC+ - the Saudi-led and Russia-assisted global oil producing alliance - got down to observing a 2 million-barrels-per-day output cut, China\x92s Covid-zero policy was back in the headlines. Brent crude came within cents of revisiting $100 a barrel on Monday before tumbling 6% on the week. The oil market\x92s drop came after reports of an explosion in new Covid cases in China\x92s export-heavy Guangdong province raised fears that the authorities could reintroduce tough Shanghai-style lockdowns instituted earlier this year. The People\x92s Bank of China, or PBOC, is still acting cautiously due to concerns about further yuan weakness, which can potentially trigger large capital outflows in a Fed rate hiking cycle. The yuan and corporate bond yields fell sharply after the PBOC announced a cut in banks\x92 reserve requirements in mid-April. Since then, the currency has stabilized, but bond yields have started climbing again. Net debt issuance by the government clocked in at more than 700 hundred billion yuan ($104 billion) in both May and June, the two highest monthly totals since mid-2020, and more liquidity will be required from the PBOC if the rapid clip of local government debt issuance is going to continue. Beijing will now be forced to either bring forward a larger part of next year\x92s planned quota or take other strong measures to bolster local government finances. It can also allow more off-the-book borrowing by city governments, although that would be difficult due to high bond yields. Unless Chinese policymakers act to sharply bolster local government finances and the PBOC is willing to risk more yuan depreciation, a weak rebound in the second half of the year is seen as the most likely scenario. There are now growing signs that the Chinese economy may be entering a prolonged era of slow growth. The world\x92s second-largest economy is projected to grow just 2% this year, significantly lower than the above 6% it maintained over the past decade. Maintaining a Covid-zero policy has been slowing the economy and adding huge additional costs to the government budget, leaving Beijing in a dilemma about whether to boost debt or tolerate weak economic growth. Even before the spending pressures brought on by the pandemic, the Chinese economy was in trouble, most notably due to a slump in land sales revenue amid a housing slowdown, compounded by tax relief to businesses that cut government income. Official data shows the wide-ranging budget deficit reached a record nearly 3 trillion yuan ($448 billion) in the first five months of the year. China is still facing severe economic uncertainty, and oil imports are one barometer. All these are taking a toll on China\x92s demand for crude. OPEC itself has predicted that Chinese buying of oil will decline by 60,000 barrels per day this year, after forecasting an increase of 120,000 bpd only a month ago thanks to new lockdowns. OPEC has cut its demand growth view for 2022 by 460,000 bpd to 2.64 million bpd and for 2023 by 360,000 bpd to 2.34 million bpd, citing \x93the extension of China\x92s zero-Covid-19 restrictions in some regions, economic challenges in OECD Europe, and inflationary pressures in other key economies.\x94 Inflation has been the proverbial albatross around Biden\x92s neck all year prior to October, with more than 80% of Americans polled before this month\x92s midterm elections citing concerns about high gasoline and energy prices. If China can somehow keep oil prices from escalating and driving inflation back towards June\x92s 40-year highs, that will work splendidly for the U.S. president. Summer-time record highs of $5 a gallon for gasoline were what drove Biden to drain nearly half of America\x92s emergency oil reserve. Now, having brought a gallon to well below $4, the president has to think of a way of refilling the reserve. If China\x92s Covid-zero policy can keep a barrel from revisiting the much-feared $100-and-above-a-barrel, Xi will be a friend indeed. Oil: Market Settlements and Activity Crude prices climbed out of a three-day hole as U.S. inflation at 9-month lows suggested the Federal Reserve could do a smaller rate hike in December that could benefit businesses as a whole, including oil drillers and refiners. Most commodities rallied strongly between Thursday and Friday on the prospect of the Fed rate pivot. But the rebound in oil on the day wasn\x92t enough though to prevent the market from posting a weekly loss. \x93It\'s been quite the volatile week for oil, with Chinese rumors [over Covid] not going away, [and] restrictions and mass testing being undertaken once more,\x94 said Craig Erlam, analyst at online trading platform OANDA. New York-traded Crude Oil WTI Futures, or WTI, for delivery in December did a final trade of $88.86 per barrel on Friday after settling the official session at $88.96, up $2.49, or 2.9%, on the day. WTI, however, ended the week down 6.6%, after two back-to-back weekly wins of about 5% and 3.5%. The decline was mostly due to a net drop of 7% between Monday and Wednesday. London-traded Brent crude for January did a final trade of $95.78 after settling Friday\x92s session at $95.99, up $2.32, or 2.5%, on the day. For the week, the global crude benchmark fell 2.6% after gains of about 3%, 2.5% and 2% over the three prior weeks. Oil Price Outlook: WTI WTI\x92s inability to rebound from its losses for the week denotes larger problems for the U.S. crude benchmark, says Sunil Kumar Dixit, chief technical strategist at SKCharting.com. \x93WTI\x92s weekly Relative Strength Indicator at 47 is below neutrality while its weekly stochastics at 59/59 also favors neutrality and awaits triggers,\x94 said Dixit. For the week **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-11-13 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $321,836,617,700 - Hash Rate: 235742187.192282 - Transaction Count: 227644.0 - Unique Addresses: 656286.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.22 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: With the latest market rout, focusing onNasdaqstocks to buy with superior fundamentals has become even more important. True, heading into a firestorm isn’t the most comforting situation for investors. Nevertheless, if you take a direct approach, it’s better to improve your probabilities with fundamentally sound investments. According toCNBC, the major equity averages just sufferedthe worst day since June 2020. The culprit? A hotter-than-expected key inflation report. Although August’s consumer price index only increased by 0.1% against the prior month, the context mattered. The rise in inflation occurred despite a drop in gasoline prices. Thus, investors really need to consider fundamentally strong Nasdaq stocks to buy. Essentially, the Federal Reserve – which signaledhigher interest ratesto come – will now need to attack inflation more aggressively. The subsequent rise in borrowing costs will surely impact risk-on investments more acutely. Therefore, Nasdaq stocks to buy don’t look so hot. But it also means that investors should be picky, focusing on the most compelling ideas. InvestorPlace - Stock Market News, Stock Advice & Trading Tips To help navigate the choppy waters and (hopefully) become profitable over the long run, here are Nasdaq stocks to buy with superior fundamentals. [{"MSFT": "CSCO", "Microsoft": "Cisco", "$251.82": "$44.03"}, {"MSFT": "AAPL", "Microsoft": "Apple", "$251.82": "$155.35"}, {"MSFT": "PEP", "Microsoft": "PepsiCo", "$251.82": "$168.22"}, {"MSFT": "KHC", "Microsoft": "Kraft Heinz", "$251.82": "$34.96"}, {"MSFT": "META", "Microsoft": "Meta Platforms", "$251.82": "$150.80"}, {"MSFT": "NVDA", "Microsoft": "Nvidia", "$251.82": "$131.17"}] Source: The Art of Pics / Shutterstock.com In the years since its transformation – when the company finally started delivering products people cared about –Microsoft(NASDAQ:MSFT) evolved into an every-scenario investment. When in doubt, just pick up some shares of MSFT. This “strategy” has done well so far. Over the trailing five years, MSFT returned stakeholders nearly 235% of market value. No, it’s certainly not the most exciting performance compared to other high-profile Nasdaq stocks to buy. Nevertheless, the point is even through hardships, Microsoft tends to right itself. With its vast business empire, it added to this resilience. For instance, in terms ofdesktop operating systems, Microsoft Windows dominates proceedings with nearly 75% market share. Put another way, the business world runs on Microsoft. What about the gaming sector? According to data fromStatista,the company’s Xbox consolecommanded 53%of the underlying market share in 2021. MSFT isn’t going anywhere, easily making it one of the best Nasdaq stocks to buy. Source: Ken Wolter / Shutterstock.com During a market rout that may lead to longer-term bearishness, boring names should attract investors’ attention. No guarantee exists that less-than-exciting Nasdaq stocks to buy will flourish. However, flashy names tend to be distractions because they often need capital to keep their enterprises afloat. When borrowing costs rise, that’s a problem. So, a boring but still incredibly relevant idea to consider isCisco(NASDAQ:CSCO). An IT and networking specialist, Cisco represents a stalwart in the global business ecosystem. Admittedly, though, its share performance isn’t very encouraging. Down 30% on a year-to-date (YTD) basis, CSCO slipped a bit more than the underlying Nasdaq composite, which fell 26.5% YTD. Nevertheless, asInvestorPlacecontributor Will Ashworth pointed out, Cisco deliveredbetter-than-expected resultsfor its fiscal fourth quarter of 2022. The company beat on the top and bottom lines. More importantly, management delivered optimistic guidance for fiscal 2023, with revenue expected to grow by 5% at the midpoint of its prior forecast. Source: Vytautas Kielaitis / Shutterstock.com While it may be an obvious idea for Nasdaq stocks to buy, investors still ought to considerApple(NASDAQ:AAPL). Personally, my concerns about the consumer tech giant zeroed in on sentiment for largely discretionary products. While I understand connectivity is critical these days, no one needs the absolutelatestgizmo and gadget. However, recent data demonstrates whether people suffer from inflation, reflation, deflation or whatever-flation, consumers will always flock to Apple. Preorders for the newest-generation iPhone 14 show the company still commandsincredible social influenceand cachet. Also, the tech giant performed very well for its premium Apple Watch Ultra. Wedbush Securities’ Dan Ives and John Katsingris stated, “This speaks to theunderlying demand storythat Apple anticipates for this next iPhone release with our estimates that 240 million of 1 billion iPhone users worldwide have not upgraded their phones in over 3.5 years.” Until contrasting fundamentals suggest otherwise, AAPL remains one of the best Nasdaq stocks to buy. Source: suriyachan / Shutterstock.com A giant in consumer staples,PepsiCo(NASDAQ:PEP) presents a less-orthodox idea among Nasdaq stocks to buy. But don’t get it wrong – PEP looks very attractive, especially under present circumstances. When you’re dealing with products that people need to have every day, like food and water, you enjoy a higher baseline. Just look at PEP’s market performance. No, it’s not great under absolute terms. It’s not even in positive territory. But with the benchmarkS&P 500index down 18% — dangerously close to bear market territory – losing less than 3% for the year represents a victory. Heck, it would have closed out in the black had it not been for the Sept. 13 meltdown. Fundamentally, PEP attracts investors seeking shelter from the storm because of its cynical nature. According to Wexner Medical Center at The Ohio State University, thesugar in sodas“causes dopamine releases in the brain, stimulating pleasure centers. For some, it’s not the ingredients that causes the addiction, but the lifestyle habit that leads you to the fridge.” Thus, PEP also benefits from a captive audience situation of sorts. Source: Casimiro PT / Shutterstock.com Another player among Nasdaq stocks to buy in the literal consumption business,Kraft Heinz(NASDAQ:KHC) specializes in packaged foods and condiments/sauces. Again, it’s not the most exciting name in the tech-centric exchange. Nevertheless, when the unpleasant material hits the proverbial fan, you’ll be glad to have KHC in your portfolio. To be fair, KHC did take a hit during the Sept. 13 meltdown, suffering a 4.6% blow on the day. However, since the start of the year, KHC is only down 3%. Therefore, it just needs a bit of momentum to get the ship upright again. That’s more than can be said about other formerly popular Nasdaq stocks to buy. Fundamentally, Kraft Heinz is better geared toward contemporary economic realities. During an inflationary cycle, investors enjoyed a motivation to do something, anything with their money. After all, their funds will diminish in value over time. During a deflationary cycle (i.e. higher borrowing costs), the opposite incentivization rings true. Here’s why that’s important for Kraft Heinz: Unless you know a way for people to not eat and still live, the company will be in the running for those important grocery dollars. Source: Blue Planet Studio / Shutterstock.com Heading into the riskiest section of Nasdaq stocks to buy with superior fundamentals, investors ought to considerMeta Platforms(NASDAQ:META). I don’t think anyone is going to tell you META is an easy investment to acquire. On a YTD basis, shares have plummeted 55%. It’s possible they can plunge more, which means the idea is more appropriate for risk-tolerant buyers. As well, Meta CEO Mark Zuckerberg warned about aslowdown in the digital advertising space. Clearly, when you operate in the social media space, a decline in ad dollars hurts significantly. Also, the warning came amid its first-everquarterly revenue decline. So, the headline numbers don’t support META as an optimistic trade. But then, why mention it as one of the Nasdaq stocks to buy? Fundamentally, Meta owns the largest social media network in the world. However, it’s not just about raw numbers but also distribution. If you look at itsage demographics, you’ll notice that while skewing young, the company enjoys a diverse mix of age cohorts. In other words, if you’re going to advertise, you want to do so on the widest canvas possible. Source: Shutterstock Back in the early segment of the new normal, semiconductor specialistNvidia(NASDAQ:NVDA) was flying. With pandemic-related restrictions keeping people at home,video game sales soared. Because Nvidia specializes in graphics processing units (GPUs) that power the latest tech in video games, NVDA stock benefitted handsomely. Also, the cryptocurrency sector rang up the income for Nvidia. Here, the GPUs that gamers love also feature incredible utility for crypto-mining initiatives. As the digital assets sector went into beast mode, Nvidia churned out whatever products they could. Again, the company enjoyed downwind benefits. Now, the circumstances have changed dramatically. With pandemic restrictions lifted, people prefer “real” experiences over digital ones. In addition, cryptos plunged badly from their peak valuations, leading to softness for NVDA. Still, on a fundamental basis,Gurufocuslabels Nvidia as“significantly undervalued.”Commanding excellent long-term growth and profitability metrics, NVDA may offer a once-in-a-blue-moon discount. 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. A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investm... - Reddit Posts (Sample): [['u/Keepittogetherkeepit', '100% Cold Storage!', 44, '2022-11-13 01:26', 'https://www.reddit.com/r/Bitcoin/comments/ytmys1/100_cold_storage/', "I finished getting 100% of my BTC into cold storage this weekend. I had spread it out over several accounts to earn yield last year telling myself that the risk was worth the yield. At the time I thought the biggest risk was getting hacked, so I did all the whitelisting and approved addresses and other features that were supposed to make it more secure. That made it difficult to move in a timely manner. The stuff on NEXO was in fixed term that just ended. I got burned a little bit on Celsius when they went under. I was 3 hours away from my whitelisting ending when they stopped withdrawals. If I get half of those funds back, I'll be thrilled. I've written it off in my mind. The only scraps left are a tiny amount of BTC from credit Card points earned on BlockFi. I doubt I'll ever see that. Never again!!! Funds will stay on my exchange only long enough to make a purchase.", 'https://www.reddit.com/r/Bitcoin/comments/ytmys1/100_cold_storage/', 'ytmys1', [['u/dadlif3', 18, '2022-11-13 01:55', 'https://www.reddit.com/r/Bitcoin/comments/ytmys1/100_cold_storage/iw53qmd/', "A year ago everyone was focused on protection from hackers, now we're protecting ourselves from the people who claimed they would rotect us from the hackers.", 'ytmys1'], ['u/DrAgaricus', 17, '2022-11-13 03:44', 'https://www.reddit.com/r/Bitcoin/comments/ytmys1/100_cold_storage/iw5h6g6/', "It's as if we had to be our own banks 🙃", 'ytmys1']]], ['u/Wakinghours', 'Michael Saylor is down $1.8 billion in Bitcoin, the "largest Bitcoin loss in history"', 413, '2022-11-13 01:53', 'https://www.reddit.com/r/Buttcoin/comments/ytnjcw/michael_saylor_is_down_18_billion_in_bitcoin_the/', 'For whatever it\'s worth I can\'t believe this guy is real and the entertainment resulting from it is free to watch. Every word that comes out of Saylor is a textbook example of delusion.\n\nOct. 26th, 2022: Saylor tweets "Fiat is immoral. Bitcoin is immortal."\n\nNov. 6th 2022: Saylor tweets "Bitcoin is now less volatile than S&P 500 and Nasdaq."\n\nNov. 11th, 2022: His company Microstrategy is reported to have an unrealized loss of $1,786,000,000 on Bitcoin, making it the largest Bitcoin loss in history.', 'https://www.reddit.com/r/Buttcoin/comments/ytnjcw/michael_saylor_is_down_18_billion_in_bitcoin_the/', 'ytnjcw', [['u/PneumaticAtol39', 20, '2022-11-13 01:55', 'https://www.reddit.com/r/Buttcoin/comments/ytnjcw/michael_saylor_is_down_18_billion_in_bitcoin_the/iw53okh/', 'Well, he has fireballs where his eyes should be. So definitely not a real guy.', 'ytnjcw'], ['u/JaneWithJesus', 67, '2022-11-13 02:03', 'https://www.reddit.com/r/Buttcoin/comments/ytnjcw/michael_saylor_is_down_18_billion_in_bitcoin_the/iw54p64/', 'Just goes to show, anyone can be duped, the ingredients for conning even a billionaire are:\n\n\n1. That person needs to have a chip on their shoulder to begin with, in this case against the evil gubberment\n\n\n2. Tell that person what they want to hear, offer them a magical solution to fight the evil gubberment\n\n\n3. Watch them lose $1.8 billion', 'ytnjcw'], ['u/cladtidings', 140, '2022-11-13 02:04', 'https://www.reddit.com/r/Buttcoin/comments/ytnjcw/michael_saylor_is_down_18_billion_in_bitcoin_the/iw54stk/', 'He\'s a laughably obvious con man who has his gullible Bitcoin marks wrapped around his little finger. Of course he "recommends" buying more Bitcoin. He NEEDS the marks to keep buying Bitcoin, for obvious reasons. And they dutifully play along, swooning over his every meaningless utterance, like the freshmen cheerleaders swooning over the senior QB. I assume that in the not-too-distant future, he\'ll be gunned down by police while running naked through the streets, covered in baby oil and methamphetamine and waving around a big piece of cardboard with a "B" on it.', 'ytnjcw'], ['u/LogicIsTheSecret', 42, '2022-11-13 02:07', 'https://www.reddit.com/r/Buttcoin/comments/ytnjcw/michael_saylor_is_down_18_billion_in_bitcoin_the/iw555nd/', '>running naked through the streets, covered in baby oil and methamphetamine and waving around a big piece of cardboard with a "B" on it\n\nI\'d pay good money to see that.', 'ytnjcw'], ['u/DudeSun_AG', 35, '2022-11-13 02:09', 'https://www.reddit.com/r/Buttcoin/comments/ytnjcw/michael_saylor_is_down_18_billion_in_bitcoin_the/iw55cym/', 'Saylor was bad-mouthing Bitcoin in the early days ..... he jumped on the Bitcoin bandwagon late in the game ........\n\n[https://cointelegraph.com/news/microstrategy-s-now-bullish-ceo-explains-why-he-bashed-bitcoin-back-in-2013](https://cointelegraph.com/news/microstrategy-s-now-bullish-ceo-explains-why-he-bashed-bitcoin-back-in-2013)', 'ytnjcw'], ['u/wstdsgn', 17, '2022-11-13 02:12', 'https://www.reddit.com/r/Buttcoin/comments/ytnjcw/michael_saylor_is_down_18_billion_in_bitcoin_the/iw55s7c/', "I'll just leave this here: https://hollisbrown.github.io/GibberishGenerator/", 'ytnjcw'], ['u/cladtidings', 33, '2022-11-13 02:29', 'https://www.reddit.com/r/Buttcoin/comments/ytnjcw/michael_saylor_is_down_18_billion_in_bitcoin_the/iw57tg1/', '"BUY! BUY! BUY! SATOSHI KNEW! SATOSHI KNEW! THE BANKS ARE COMING! OVERTURN THE FINANCIAL PARADIGM! STORED ENERGY! CYBER HORNETS! AHHHHHHHH!"\n\n"Hey, that looks just like that Bitcoin kook on Twitter, with the laser beam eyes! Ugh, why is he all naked and shiny? I gotta film this."\n\nThen you\'d go on Reddit and Twitter and find out it was all just FUD and it was just a crisis actor being paid by Gary Gensler, and it was a great opportunity to stack more sats, right now.', 'ytnjcw'], ['u/Affect-Electrical', 16, '2022-11-13 02:36', 'https://www.reddit.com/r/Buttcoin/comments/ytnjcw/michael_saylor_is_down_18_billion_in_bitcoin_the/iw58sva/', 'Michael Saylor is down $1.8 billion in Bitcoin, the "largest Bitcoin loss so far"', 'ytnjcw'], ['u/DevilFucker', 45, '2022-11-13 02:37', 'https://www.reddit.com/r/Buttcoin/comments/ytnjcw/michael_saylor_is_down_18_billion_in_bitcoin_the/iw58ver/', 'A lot of hardcore Bitcoin fanatics are people who heard about it early on and regret not getting in early, so they shill it now hoping it will continue to make the same kind of insane gains it did previously. A lot like the current GME cult who think the real short squeeze hasn’t yet happened.', 'ytnjcw'], ['u/hifructosetrashjuice', 26, '2022-11-13 02:44', 'https://www.reddit.com/r/Buttcoin/comments/ytnjcw/michael_saylor_is_down_18_billion_in_bitcoin_the/iw59qxz/', 'so like John McAfee but worse', 'ytnjcw'], ['u/MonsieurKnife', 49, '2022-11-13 02:50', 'https://www.reddit.com/r/Buttcoin/comments/ytnjcw/michael_saylor_is_down_18_billion_in_bitcoin_the/iw5ai66/', 'He’s in a bind. If he turns on bitcoin now, many will want to exit and the value of his holdings will drop before he can liquidate. He probably knows that Tether doesn’t have the goods so his only hope it for bitcoin to go up again and for him to liquidate slowly and under the radar. He has to appear bullish or the whole thing collapses on him. \nTLDR: he’s fucked.', 'ytnjcw'], ['u/HopeFox', 22, '2022-11-13 03:16', 'https://www.reddit.com/r/Buttcoin/comments/ytnjcw/michael_saylor_is_down_18_billion_in_bitcoin_the/iw5dq81/', "Microstrategy is down $1.8B, not Saylor. There's every reason to believe that he's using Microstrategy to bail out his own wallets and those of his friends, at the company's expense.\n\nAnd really, Microstrategy is down all of the money it paid, unless and until it sells.", 'ytnjcw'], ['u/Emotional_Charge_271', 10, '2022-11-13 03:21', 'https://www.reddit.com/r/Buttcoin/comments/ytnjcw/michael_saylor_is_down_18_billion_in_bitcoin_the/iw5ec9w/', "I think that he's actually what he appears to be: a very rich man who is very, very crazy. He has no plan or strategy. He thinks Bitcoin is made of cyber hornets.", 'ytnjcw'], ['u/Ironfingers', 22, '2022-11-13 03:22', 'https://www.reddit.com/r/Buttcoin/comments/ytnjcw/michael_saylor_is_down_18_billion_in_bitcoin_the/iw5ek7w/', 'Bro at this point I think he’s the mark.', 'ytnjcw'], ['u/DeliciousGizmo', 13, '2022-11-13 03:45', 'https://www.reddit.com/r/Buttcoin/comments/ytnjcw/michael_saylor_is_down_18_billion_in_bitcoin_the/iw5hc4e/', "> He's a laughably obvious con man who has his gullible Bitcoin marks wrapped around his little finger.\n\nThat's what I don't understand, how fucking stupid does one have to be to take this guy seriously? When he started making the podcast rounds my mind was blown at how many people fell for his bullshit, I couldn't listen to him talk for more than a few minutes.", 'ytnjcw'], ['u/CreepingCoins', 44, '2022-11-13 03:48', 'https://www.reddit.com/r/Buttcoin/comments/ytnjcw/michael_saylor_is_down_18_billion_in_bitcoin_the/iw5ho2x/', 'The largest Bitcoin loss in history **so far**.', 'ytnjcw'], ['u/Stenbuck', 28, '2022-11-13 04:15', 'https://www.reddit.com/r/Buttcoin/comments/ytnjcw/michael_saylor_is_down_18_billion_in_bitcoin_the/iw5kwkd/', 'John McAfee at home:', 'ytnjcw'], ['u/YerFungedInTheAssets', 11, '2022-11-13 04:58', 'https://www.reddit.com/r/Buttcoin/comments/ytnjcw/michael_saylor_is_down_18_billion_in_bitcoin_the/iw5q3aw/', ">For whatever it's worth I can't believe this guy is real \n\n*CONNING MARKS BY MOONLIGHT*\n\n*DEFRAUDING GOV'S BY DAYLIGHT*\n\n\n*ALWAYS RUNNING FROM A TAX FRIGHT!*\n\n\n\n*HE IS THE ONE NAMED SAYLOR MOOON*", 'ytnjcw'], ['u/naratas', 10, '2022-11-13 05:21', 'https://www.reddit.com/r/Buttcoin/comments/ytnjcw/michael_saylor_is_down_18_billion_in_bitcoin_the/iw5sly2/', 'Michael Saylor is like an art installation. I must say that I enjoy it very much.', 'ytnjcw'], ['u/fragglet', 21, '2022-11-13 06:02', 'https://www.reddit.com/r/Buttcoin/comments/ytnjcw/michael_saylor_is_down_18_billion_in_bitcoin_the/iw5x0zh/', 'Wait, is the GME thing *still* going on?', 'ytnjcw'], ['u/newnameonan', 19, '2022-11-13 06:16', 'https://www.reddit.com/r/Buttcoin/com... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 * Fed\'s Waller plays down CPI as just one number * Beijing lays out property support, COVID steps * Biden to meet Xi at G20 meeting By Wayne Cole SYDNEY, Nov 14 (Reuters) - Asian share markets were taking a breather on Monday after last week\'s sweeping rally as a top U.S. central banker warned investors against getting carried away over one inflation number, nudging up bond yields and the dollar. A modest miss on U.S. inflation was enough to see two-year Treasury yields dive 33 basis points for the week and the dollar lose almost 4%, the fourth biggest weekly decline since the era of free-floating exchange rates began over 50 years ago. However, the resulting easing in U.S. financial conditions was not entirely welcomed by the Federal Reserve with Governor Christopher Waller saying it would take a string of soft reports for the bank to take its foot off the brakes. Waller added the markets were well ahead of themselves on just one inflation print, though he did concede the Fed could now start thinking about hiking at a slower pace. Futures are wagering heavily on a half-point rate rise to 4.25-4.5% in December and then a couple of quarter-point moves to a peak in the 4.75-5.0% range. "The CPI downside surprise aligns with a broad range of indicators pointing to a downshift in global inflation that should encourage a moderation in the pace of monetary policy tightening at the Fed and elsewhere," said Bruce Kasman, head of economic research at JPMorgan. "This positive message needs be tempered by the recognition that downshift in inflation will be too little for central banks to declare mission-accomplished, and more tightening is likely on the way." MSCI\'s broadest index of Asia-Pacific shares outside Japan added 0.2%, after jumping 7.7% last week. Japan\'s Nikkei was flat, while South Korea firmed 0.3%. S&P 500 futures dipped 0.2%, while Nasdaq futures lost 0.3%. EYES ON CHINA Dealers were also waiting to see if Chinese stocks could extend their big rally amid reports regulators have asked financial institutions to extend more support to stressed property developers. Blue chips climbed on Friday helped by a slew of changes to China\'s COVID curbs, even as the country reported more cases over the weekend. "It\'s hard to see how the case news is anything but negative from an economic standpoint, but it\'s the symbolism of the movement, however small, in the zero COVID strategy that markets are happily latching onto," said Ray Attrill, head of FX strategy at NAB. Story continues U.S. President Joe Biden will meet Chinese leader Xi Jinping in person on Monday for the first time since taking office, with U.S. concerns over Taiwan, Russia\'s war in Ukraine and North Korea\'s nuclear ambitions on top of his agenda. The news on COVID rules had stoked a short-covering bounce in the yuan last week, which added to broad pressure on the dollar as yields dived. The dollar regained a little ground early on Monday as its index added 0.4% to 106.870, but remained well short of last week\'s 111.280 top. The euro eased a touch to $1.0324, after climbing 3.9% last week, while the dollar firmed to 139.77 yen following last week\'s 5.4% drubbing. The dollar lost almost as much to the Swiss franc, steered in part by warnings from the Swiss National Bank that it would use rates and currency purchases to tame inflation. Sterling eased back to $1.1790 ahead of the UK Chancellor\'s Autumn Statement on Thursday where he is expected to set out tax rises and spending cuts. Crypto currencies remained under pressure as at least $1 billion of customer funds were reported to have vanished from collapsed crypto exchange FTX. Bitcoin was trading down 2.4% at $16,386, having shed almost 22% last week. The dollar\'s recent retreat provided a much-needed fillip to commodities, with gold up at $1,768 an ounce after jumping over $100 last week. Oil futures extended their gains with Brent up 86 cents at $96.85, while U.S. crude rose 80 cents to $89.76 per barrel. (Reporting by Wayne Cole; Editing by Shri Navaratnam) View comments', '*\nAsian stock markets : https://tmsnrt.rs/2zpUAr4\n*\nFed\'s Waller plays down CPI as just one number\n*\nBeijing lays out property support, COVID steps\n*\nBiden to meet Xi at G20 meeting\nBy Wayne Cole\nSYDNEY, Nov 14 (Reuters) - Asian share markets were taking a breather on Monday after last week\'s sweeping rally as a top U.S. central banker warned investors against getting carried away over one inflation number, nudging up bond yields and the dollar.\nA modest miss on U.S. inflation was enough to see two-year Treasury yields dive 33 basis points for the week and the dollar lose almost 4%, the fourth biggest weekly decline since the era of free-floating exchange rates began over 50 years ago.\nHowever, the resulting easing in U.S. financial conditions was not entirely welcomed by the Federal Reserve with Governor Christopher Waller saying it would take a string of soft reports for the bank to take its foot off the brakes.\nWaller added the markets were well ahead of themselves on just one inflation print, though he did concede the Fed could now start thinking about hiking at a slower pace.\nFutures are wagering heavily on a half-point rate rise to 4.25-4.5% in December and then a couple of quarter-point moves to a peak in the 4.75-5.0% range.\n"The CPI downside surprise aligns with a broad range of indicators pointing to a downshift in global inflation that should encourage a moderation in the pace of monetary policy tightening at the Fed and elsewhere," said Bruce Kasman, head of economic research at JPMorgan.\n"This positive message needs be tempered by the recognition that downshift in inflation will be too little for central banks to declare mission-accomplished, and more tightening is likely on the way."\nMSCI\'s broadest index of Asia-Pacific shares outside Japan added 0.2%, after jumping 7.7% last week.\nJapan\'s Nikkei was flat, while South Korea firmed 0.3%. S&P 500 futures dipped 0.2%, while Nasdaq futures lost 0.3%.\nEYES ON CHINA\nDealers were also waiting to see if Chinese stocks could extend their big rally amid reports regulators have asked financial institutions to extend more support to stressed property developers.\nBlue chips climbed on Friday helped by a slew of changes to China\'s COVID curbs, even as the country reported more cases over the weekend.\n"It\'s hard to see how the case news is anything but negative from an economic standpoint, but it\'s the symbolism of the movement, however small, in the zero COVID strategy that markets are happily latching onto," said Ray Attrill, head of FX strategy at NAB.\nU.S. President Joe Biden will meet Chinese leader Xi Jinping in person on Monday for the first time since taking office, with U.S. concerns over Taiwan, Russia\'s war in Ukraine and North Korea\'s nuclear ambitions on top of his agenda.\nThe news on COVID rules had stoked a short-covering bounce in the yuan last week, which added to broad pressure on the dollar as yields dived. The dollar regained a little ground early on Monday as its index added 0.4% to 106.870, but remained well short of last week\'s 111.280 top.\nThe euro eased a touch to $1.0324, after climbing 3.9% last week, while the dollar firmed to 139.77 yen following last week\'s 5.4% drubbing.\nThe dollar lost almost as much to the Swiss franc, steered in part by warnings from the Swiss National Bank that it would use rates and currency purchases to tame inflation.\nSterling eased back to $1.1790 ahead of the UK Chancellor\'s Autumn Statement on Thursday where he is expected to set out tax rises and spending cuts.\nCrypto currencies remained under pressure as at least $1 billion of customer funds were reported to have vanished from collapsed crypto exchange FTX.\nBitcoin was trading down 2.4% at $16,386, having shed almost 22% last week.\nThe dollar\'s recent retreat provided a much-needed fillip to commodities, with gold up at $1,768 an ounce after jumping over $100 last week.\nOil futures extended their gains with Brent up 86 cents at $96.85, while U.S. crude rose 80 cents to $89.76 per barrel.\n(Reporting by Wayne Cole; Editing by Shri Navaratnam)', 'Good morning. Here’s what’s happening: Prices: Last week\'s calamitous collapse of the FTX exchange sent crypto markets for their worst seven-day stretch since the mid-June aftermath of the Terra blockchain\'s meltdown. A giant hack over the weekend just made things worse. Analysts in digital-asset markets are processing it all and forecasting what comes next. Insights: SEC\'s unwillingness to disclose William Hinman\'s speech, arguably one of the most important speeches in crypto\'s history, highlights the agency\'s efforts to shape its case against Ripple. 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 CoinDesk Market Index (CMI) 828.06 −26.2 ▼ 3.1% Bitcoin (BTC) $16,235 −586.9 ▼ 3.5% Ethereum (ETH) $1,209 −50.8 ▼ 4.0% S&P 500 daily close 3,992.93 +36.6 ▲ 0.9% Gold $1,766 −0.5 ▼ 0.0% Treasury Yield 10 Years 3.81% ▼ 0.0 BTC/ETH prices per CoinDesk Indices ; gold is COMEX spot price. Prices as of about 4 p.m. ET It goes without saying that last week\'s collapse of the FTX exchange represents one of the crypto industry\'s worst-ever episodes, clearly reflected in digital-asset markets: The price of bellwether bitcoin ( BTC ) tumbled 22% in the seven days through Sunday, its worst weekly performance since mid-June, when traders were grappling with the aftermath of the Terra blockchain\'s collapse. (Here\'s a timeline of key FTX developments , showing how the CoinDesk Market Index (CMI) of 162 digital assets traded through it all.) Things got incrementally worse over the weekend when FTX and its U.S. subsidiary, FTX US, became victims of an attack that dra **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-11-14 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $305,389,113,750 - Hash Rate: 224777434.2996177 - Transaction Count: 242416.0 - Unique Addresses: 661596.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.24 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Cryptocurrency is synonymous with speed, both in terms of fortunes made and fortunes lost. If you’re willing to shoulder the risk, there are many ways that you can makequick cash with crypto. Just be advised that dabbling in cryptocurrency isn’t for everyone. Find:Best Cities To Retire on a Budget of $1,500 a MonthSee:10 Reasons You Should Claim Social Security Early Although news reports love to highlight the incredible gains that cryptocurrencies can generate — witness Shiba Inu’s unbelievable 49 million percent gain in 2021, for example — they don’t often tout the incredible losses that some investors suffer. Latecomers who bought Shiba Inu at its all-time high, for example, are now sitting on losses of around 90%. But as long as you are fully aware of the risks you are taking by diving into the world of cryptocurrency, there are definitely ways you can potentially make quick cash.Here are just a few options. The easiest way to potentially earn lots in crypto is to simply trade it. Exchanges like Coinbase offer a wide variety of cryptocurrencies that you can trade, from “OG” cryptos like Bitcoin and Ethereum to up-and-comers, like Solana and Polygon. Slowly but surely, more and more brokers are offering access to cryptocurrency, including Robinhood and SoFi, and it seems inevitable that cryptocurrency trading will move more and more into the mainstream over time. Find:6 Alternative Investments To Consider for Diversification in 2022 Trading cryptocurrency is much like trading stocks, except crypto trading is the very definition of speculation. Without any intrinsic value, the price of cryptocurrency is incredibly volatile, as investors tug-of-war over whether or not certain cryptos have a more viable path to future acceptance and usage. But it’s this very volatility that affords crypto investors the chance to make quick cash. Mining cryptocurrency is much harder now than when Bitcoin first hit the scene in 2009, but there’s still money to be made by dedicated mining operations. While you could formerly earn some Bitcoin by mining it from your home computer, nowadays crypto mining is big business, with well-funded companies hosting server farms filling entire rooms in faraway countries. Currently, miners are rewarded with 6.25 Bitcoin for every block of transactions they validate on the blockchain, an amount that halves about every four years. At current Bitcoin prices, this translates to a payout of about $229,000. But the complexity involved in getting that reward is so high that many miners never earn a single Bitcoin. By way of reference, the difficulty rate for mining Bitcoin was at a reference level of 1. As of 2022, that difficulty rate is now more than 22 trillion. The bottom line is you can make quick cash mining cryptocurrencies like Bitcoin, but the difficulty level is so high that it’s still a risky proposition, particularly for new miners. Strange as it may sound, there are a handful of cryptocurrencies that actually pay you a dividend, although it’s typically dubbed a “reward.” Names like Neo andKuCoinactually pay you a reward if you buy and hold them. KuCoin, for example, pays its holders 50% of all the exchange trading fees that it generates every day, as long as you hold a minimum of 6 KuCoin tokens. These dividends are paid in the form of additional KuCoin tokens. Other dividend-paying cryptos have their own reward structure. You won’t likely get rich overnight by owning and storing select cryptos, but they can be a nice form of daily passive income. Since cryptocurrency is still in its infancy in terms of trading as an investment, the exact price you’re quoted for a crypto might vary slightly among the different exchanges. Professional investors refer to this type of opportunity as arbitrage, as you can buy a crypto on one exchange at a lower price and simultaneously sell it on another at a slightly higher price to achieve a “no-risk” profitable trade. Arbitrage is a great idea in concept, but it’s hard enough to pull off successfully on regulated markets like the stock market. Trying to arbitrage cryptocurrencies is best left to the experts, although it can be a way to make quick cash. More and more merchants are beginning to accept cryptocurrency as payment, the same as they would with cash or credit cards. This type of business model is a bit of a gamble, as the cryptocurrency you accept today at a price of $22,000 could drop within a matter of hours or even minutes. But the opposite is also true, of course. Merchants who accept cryptocurrency payments when the market is tanking might very well luck into quick profits if market sentiment turns favorable. With some luck, your business profits could double in a relatively short period of time if your crypto gamble pays off. More From GOBankingRates • 9 Bills You Should Never Put on Autopay • Get Ready for Retirement Now With Expert Tips for Every Stage of Life • Should You Still Buy a Home in Today's Market? • 10 Things to Do Now If Your Credit Score Is Under 700 This article originally appeared onGOBankingRates.com:How To Make Quick Cash With Crypto... - Reddit Posts (Sample): [['u/pistonian', 'Soon we will see the true value of bitcoin without the false inflation power of stable coins that have almost-unlimited printing power', 30, '2022-11-14 00:29', 'https://www.reddit.com/r/CryptoCurrency/comments/yuiei6/soon_we_will_see_the_true_value_of_bitcoin/', "One of the beauties of bitcoin is that is cannot be overprinted. If someone wants to obtain some BTC, they cannot just decide to create it out of thin air. If you want some, you have to either work for it or buy it. BUT, what if you could buy it using a something that's practically worthless such as a shitcoin that is easily manipulated and printed? Well, then you can print your shitcoin and buy buy buy - PRICE GOES UP! That is what has been happening for years with sketchy stablecoins. \n\nAs these stable-shitcoins die, the price of bitcoins goes down for many reasons, but one of them, is that it was being bought with fake money. In essence, right now we are now being allowed to pull back the curtain to see the true value of bitcoin (at least at this point in time). \n\nI for one am elated that the price of bitcoin is even where it is now (currently $16,424) given the circumstance, but hold your breath... the worst may be yet to come as other CEXs fall and other stable coins lose their peg. \n\nComing from someone who's been the game a long time: If you believe in the white paper and the power that bitcoin can bring to the people and to the world:\n\n* stay clear of CEXs\n* immediately transfer it to your personal wallet after you get it \n* personally be in charge of your own wallet\n* store your keys securely\n* stay clear of all other shitcoins! \n* stack those sats...", 'https://www.reddit.com/r/CryptoCurrency/comments/yuiei6/soon_we_will_see_the_true_value_of_bitcoin/', 'yuiei6', [['u/bitrequest', 14, '2022-11-14 00:43', 'https://www.reddit.com/r/CryptoCurrency/comments/yuiei6/soon_we_will_see_the_true_value_of_bitcoin/iw9ib6w/', 'Price could also go up when everyone is exiting stablecoins into BTC instead of the other way around.', 'yuiei6']]], ['u/m4rchi', 'Do you guys think coinbase is safe right now?', 32, '2022-11-14 00:58', 'https://www.reddit.com/r/Bitcoin/comments/yuj3nf/do_you_guys_think_coinbase_is_safe_right_now/', 'I recently saw that they were a major investor into ftx, i got most my btc off the exchange but i still have some in it. Do you guys think its safe being public and all?', 'https://www.reddit.com/r/Bitcoin/comments/yuj3nf/do_you_guys_think_coinbase_is_safe_right_now/', 'yuj3nf', [['u/Jvlvarez', 30, '2022-11-14 01:04', 'https://www.reddit.com/r/Bitcoin/comments/yuj3nf/do_you_guys_think_coinbase_is_safe_right_now/iw9l7n3/', 'I wouldn’t hold anything on exchanges but if you do… Only a small amount.', 'yuj3nf'], ['u/escape1979uk', 79, '2022-11-14 01:06', 'https://www.reddit.com/r/Bitcoin/comments/yuj3nf/do_you_guys_think_coinbase_is_safe_right_now/iw9liwn/', "Coinbase is demonstrably fine to buy from.. \n\nYou're better off withdrawing to cold storage though, rather than holding on exchange. \nEliminating 3rd party risk is absolutely mandatory these days", 'yuj3nf'], ['u/Cruztd23', 21, '2022-11-14 01:42', 'https://www.reddit.com/r/Bitcoin/comments/yuj3nf/do_you_guys_think_coinbase_is_safe_right_now/iw9q8qv/', 'They are a registered traded security and get audited regularly . Them and Binance are more than likely the safest exchangers', 'yuj3nf'], ['u/backcountrydrifter', 37, '2022-11-14 01:59', 'https://www.reddit.com/r/Bitcoin/comments/yuj3nf/do_you_guys_think_coinbase_is_safe_right_now/iw9sgfa/', 'I genuinely don’t understand why anyone who understands Bitcoin would hold ANY on an exchange. \n\nThe entire point of it is to decentralize and self custody. To expect someone else to hold it for you essentially defeats the entire point of it.', 'yuj3nf'], ['u/m4rchi', 23, '2022-11-14 02:03', 'https://www.reddit.com/r/Bitcoin/comments/yuj3nf/do_you_guys_think_coinbase_is_safe_right_now/iw9swy4/', 'Convenience to trade? Accessibility? As i said, most is off the exchange', 'yuj3nf'], ['u/steve12141214', 25, '2022-11-14 03:25', 'https://www.reddit.com/r/Bitcoin/comments/yuj3nf/do_you_guys_think_coinbase_is_safe_right_now/iwa3893/', 'I hold on exchange because the whole wallet thing is 🤯 . I’ve tested one and honestly do t trust myself with it if that makes any sense. I don’t understand the lingo like some of you do. To some of you it’s obviously easy but to many of us it’s like reading Chinese.', 'yuj3nf'], ['u/BrotherAmazing', 11, '2022-11-14 06:11', 'https://www.reddit.com/r/Bitcoin/comments/yuj3nf/do_you_guys_think_coinbase_is_safe_right_now/iwalwj2/', 'Coinbase quickly claimed last Tuesday that it had “no exposure” to FTX’s token FTT, no loans to FTX, no exposure to FTX’s sister company Alameda Research, and the only tie to FTX was a US$15 million deposit on the cryptocurrency exchange, so no, they were not a major investor in FTX unless they are lying.\n\nUnlike FTX whose shit-show of a balance sheet looked like a 5th grader’s first attempt at a balance sheet working a lemonade stand using Excel for the first time, Coinbase has been releasing audited balance sheets since going public.\n\nI still would never keep BTC on exchange, but CB is as safe or safer as any to use, but just don’t keep it there.', 'yuj3nf']]], ['u/Solid-Win6743', "No, I hope Bitcoin doesn't implement tail emissions", 49, '2022-11-14 01:03', 'https://www.reddit.com/r/Monero/comments/yuj7z6/no_i_hope_bitcoin_doesnt_implement_tail_emissions/', 'I think what we have today is just perfect! \n\nBitcoin as a store of value, Monero for confidential transactions. Atomic swaps to merry both worlds ❤️\n\nThese two independent technologies are perfectly designed for us to take full advantage of them, I would not change a single bit in their protocols.\n\nIf Bitcoin implements tail emissions, besides it being perceived as a protocol betrayal or a rug pull (something typical of governments) then it loses its pure store of value capabilities.\n\nIf Monero removes tail emissions, then eventually anonymity will only be at the reach of very rich people.', 'https://www.reddit.com/r/Monero/comments/yuj7z6/no_i_hope_bitcoin_doesnt_implement_tail_emissions/', 'yuj7z6', [['u/MaZZeL3L', 30, '2022-11-14 01:29', 'https://www.reddit.com/r/Monero/comments/yuj7z6/no_i_hope_bitcoin_doesnt_implement_tail_emissions/iw9okqe/', "Well yeah. If Bitcoin adds tail emission, it's last meme has died and you might as well just go to Monero at that point.\n\nThe question is only, how soon will BTC start decaying due to block rewards not being high enough anymore with fees not making up for it because the blocksize is limited.", 'yuj7z6'], ['u/DapperConstruction19', 12, '2022-11-14 01:37', 'https://www.reddit.com/r/Monero/comments/yuj7z6/no_i_hope_bitcoin_doesnt_implement_tail_emissions/iw9pj8r/', 'The best reply I got from a maxi about this was: this will happen in decades, I will be dead so I dont care.', 'yuj7z6'], ['u/TripleReward', 26, '2022-11-14 01:49', 'https://www.reddit.com/r/Monero/comments/yuj7z6/no_i_hope_bitcoin_doesnt_implement_tail_emissions/iw9r3p7/', 'Looking at the past months ... yeah really a great store of value it is...\n\nNo serously, btc is obsolete. Monero is basically btc in useful.', 'yuj7z6'], ['u/SmashTR', 10, '2022-11-14 03:34', 'https://www.reddit.com/r/Monero/comments/yuj7z6/no_i_hope_bitcoin_doesnt_implement_tail_emissions/iwa4b8p/', 'bitcoin is shitcoin', 'yuj7z6'], ['u/SatoshiNosferatu', 11, '2022-11-14 03:52', 'https://www.reddit.com/r/Monero/comments/yuj7z6/no_i_hope_bitcoin_doesnt_implement_tail_emissions/iwa6jfp/', 'Bitcoin is less secure today than it was in 2017', 'yuj7z6'], ['u/w0rlds', 26, '2022-11-14 04:28', 'https://www.reddit.com/r/Monero/comments/yuj7z6/no_i_hope_bitcoin_doesnt_implement_tail_emissions/iwaavhh/', '"peer to peer electronic cash" - sorry but it didn\'t live up to its expectation at all.', 'yuj7z6'], ['u/Aggravated-Bread489', 61, '2022-11-14 04:51', 'https://www.reddit.com/r/Monero/comments/yuj7z6/no_i_hope_bitcoin_doesnt_implement_tail_emissions/iwadgxd/', 'Bitcoin offers nothing to Monero. \n\nAs far as store of value, Monero vs BTC is up 6% in the past month and up 86% in the past year. \n\nAdd on privacy, low fee, 0-cobf transactions, etc.\n\nThere is no reason to use BTC. They refuse to upgrade their coin so they will fade into nothingness. The only value BTC has left is rampant speculation.', 'yuj7z6'], ['u/InternationalPizza', 21, '2022-11-14 05:52', 'https://www.reddit.com/r/Monero/comments/yuj7z6/no_i_hope_bitcoin_doesnt_implement_tail_emissions/iwak1mr/', 'Seriously, do people here not realize there are monero purists like us? Never owned btc or eth, only xmr', 'yuj7z6'], ['u/MaZZeL3L', 12, '2022-11-14 07:23', 'https://www.reddit.com/r/Monero/comments/yuj7z6/no_i_hope_bitcoin_doesnt_implement_tail_emissions/iwas3tl/', 'The thing that had 2 major exploits last month? One if which enable FUNDS TO BE STOLEN? After being developed for like 4 years? With 0.2% utilization rate on coin cards? Truly digital cash.', 'yuj7z6'], ['u/[deleted]', 15, '2022-11-14 08:57', 'https://www.reddit.com/r/Monero/comments/yuj7z6/no_i_hope_bitcoin_doesnt_implement_tail_emissions/iwaz0lf/', "As a very wealthy man I can tell you that the most important factor for me is to live low-profile so I won't get targeted by criminals.\n\nLast thing I want is to have my wealth on a transparent ladder like Bitcoin.\n\nI also don't believe in diversification, if the project is good I invest 100% and that's what I did for the last 25 years with great success.\n\nAt first I've seen Monero as an investment only but now I use it to store all my wealth and it feels great.\n\nCheers.", 'yuj7z6'], ['u/obit33', 11, '2022-11-14 10:40', 'https://www.reddit.com/r/Monero/comments/yuj7z6/no_i_hope_bitcoin_doesnt_implement_tail_emissions/iwb5vim/', "The thing is Bitcoin migt become unstable without a block reward: [https://www.cs.princeton.edu/\\~arvindn/p... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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) -- Former Vice President Mike Pence said he’s considering a run for president in 2024 even if Donald Trump makes another White House bid and that he thinks “we’ll have better choices” than the former president. Most Read from Bloomberg Musk Publicly Punishes Twitter Engineers Who Call Him Out Online FTX’s Balance Sheet Was Bad Griffin to ‘Three-Time Loser’ Trump: Step Aside for DeSantis Sam Bankman-Fried Posts Weird Cryptic Tweets After Wealth Wipeout World’s Biggest Crypto Fund Hits Record 42% Discount to Value of Bitcoin It Holds Trump is expected to announce on Tuesday that he’s running again, and Pence, whose new book will be published on the same day, was asked in an ABC News interview broadcast on Monday whether he thinks Trump deserves to be president again after the Jan. 6, 2021, insurrection. Pence said that’s up to the American people to decide but “I think we’ll have better choices in the future.” The former vice president added that he’s giving “prayerful consideration” to running in 2024, and if that means challenging his former boss, “so be it.” Pence has campaigned for candidates in midterm election races around the country, delivered policy speeches and raised money for his advocacy group Advancing American Freedom. His memoir, “So Help Me God,” is set to be released Tuesday, and he will embark on a book tour. Pence has broken with Trump over whether he had the authority to overturn the 2020 presidential election when he oversaw the counting of Electoral College votes on Jan. 6, 2021. Pence refused Trump’s demand that he reject votes for Joe Biden in key swing states, prompting a mob of Trump supporters to storm the US Capitol, some of them chanting, “Hang Mike Pence.” In the ABC interview, Pence described the harrowing experience for him and his family during the riot and his determination to remain at the Capitol to fulfill his constitutional duty to certify the Electoral count electing Biden. Pence called Trump’s rhetoric at a rally right before the insurrection “reckless” and that he was “angered” by a Trump tweet that his vice president didn’t have the courage to do what must be done -- posted while the assault on the Capitol was underway and Pence and his family were fleeing the rioters. Story continues “The president’s words that day at the rally endangered me and my family and everyone at the Capitol building,” Pence told ABC. “The president’s words were reckless. It was clear he decided to be part of the problem.” Testimony during the House committee hearings on the Jan. 6 insurrection revealed that Trump was watching news coverage of the riot and didn’t call on anyone to intervene. Asked in the ABC interview why Trump wasn’t making those calls, Pence replied, “That’d be a good question for him.” The former president has asserted that he did nothing wrong on Jan. 6. Pence routinely touts the accomplishments of the “Trump-Pence administration” but has sought to distance himself from his former boss, especially over Trump’s backward focus on the 2020 election he falsely claims was rigged and stolen rather than on the future. Most Read from Bloomberg Businessweek How Apple Stores Went From Geek Paradise to Union Front Line Americans Have $5 Trillion in Cash, Thanks to Federal Stimulus Google’s Moonshot Lab Is Now in the Strawberry-Counting Business One of Gaming’s Most Hated Execs Is Jumping Into the Metaverse The Golden Era of AI Chess Makes Things Tricky for Players ©2022 Bloomberg L.P.', '(Bloomberg) -- Former Vice President Mike Pence said he’s considering a run for president in 2024 even if Donald Trump makes another White House bid and that he thinks “we’ll have better choices” than the former president. Most Read from Bloomberg Musk Publicly Punishes Twitter Engineers Who Call Him Out Online FTX’s Balance Sheet Was Bad Griffin to ‘Three-Time Loser’ Trump: Step Aside for DeSantis Sam Bankman-Fried Posts Weird Cryptic Tweets After Wealth Wipeout World’s Biggest Crypto Fund Hits Record 42% Discount to Value of Bitcoin It Holds Trump is expected to announce on Tuesday that he’s running again, and Pence, whose new book will be published on the same day, was asked in an ABC News interview broadcast on Monday whether he thinks Trump deserves to be president again after the Jan. 6, 2021, insurrection. Pence said that’s up to the American people to decide but “I think we’ll have better choices in the future.” The former vice president added that he’s giving “prayerful consideration” to running in 2024, and if that means challenging his former boss, “so be it.” Pence has campaigned for candidates in midterm election races around the country, delivered policy speeches and raised money for his advocacy group Advancing American Freedom. His memoir, “So Help Me God,” is set to be released Tuesday, and he will embark on a book tour. Pence has broken with Trump over whether he had the authority to overturn the 2020 presidential election when he oversaw the counting of Electoral College votes on Jan. 6, 2021. Pence refused Trump’s demand that he reject votes for Joe Biden in key swing states, prompting a mob of Trump supporters to storm the US Capitol, some of them chanting, “Hang Mike Pence.” In the ABC interview, Pence described the harrowing experience for him and his family during the riot and his determination to remain at the Capitol to fulfill his constitutional duty to certify the Electoral count electing Biden. Pence called Trump’s rhetoric at a rally right before the insurrection “reckless” and that he was “angered” by a Trump tweet that his vice president didn’t have the courage to do what must be done -- posted while the assault on the Capitol was underway and Pence and his family were fleeing the rioters. Story continues “The president’s words that day at the rally endangered me and my family and everyone at the Capitol building,” Pence told ABC. “The president’s words were reckless. It was clear he decided to be part of the problem.” Testimony during the House committee hearings on the Jan. 6 insurrection revealed that Trump was watching news coverage of the riot and didn’t call on anyone to intervene. Asked in the ABC interview why Trump wasn’t making those calls, Pence replied, “That’d be a good question for him.” The former president has asserted that he did nothing wrong on Jan. 6. Pence routinely touts the accomplishments of the “Trump-Pence administration” but has sought to distance himself from his former boss, especially over Trump’s backward focus on the 2020 election he falsely claims was rigged and stolen rather than on the future. Most Read from Bloomberg Businessweek How Apple Stores Went From Geek Paradise to Union Front Line Americans Have $5 Trillion in Cash, Thanks to Federal Stimulus Google’s Moonshot Lab Is Now in the Strawberry-Counting Business One of Gaming’s Most Hated Execs Is Jumping Into the Metaverse The Golden Era of AI Chess Makes Things Tricky for Players ©2022 Bloomberg L.P.', '(Bloomberg) -- Ukrainian President Volodymyr Zelenskiy made an unannounced visit to the southern city of Kherson, and the UN General Assembly issued a symbolic condemnation of Russia’s invasion. Most Read from Bloomberg Musk Publicly Punishes Twitter Engineers Who Call Him Out Online FTX’s Balance Sheet Was Bad Griffin to ‘Three-Time Loser’ Trump: Step Aside for DeSantis Sam Bankman-Fried Posts Weird Cryptic Tweets After Wealth Wipeout World’s Biggest Crypto Fund Hits Record 42% Discount to Value of Bitcoin It Holds During Zelenskiy’s first trip to the regional capital after its recapture by Ukrainian troops last week, he said his forces would continue to liberate occupied territory. The regional governor told the president during a meeting that work was underway to restore critical infrastructure in the city. CIA Director William Burns traveled to Turkey to meet with his Russian counterpart, with the announced purpose of urging against the use of nuclear weapons. As Germany seeks to contain the financial shock from Moscow’s squeeze on energy, the government said it’s taking over the former European trading and supply unit of Gazprom PJSC. Neighboring Poland also introduced compulsory administration over the Russian gas giant’s stake in a company that owns the local part of the Yamal-Europe pipeline. Key Developments Ukraine Seeks New Grain Shipments to Commemorate 1930s Famine Putin May Be Absent But He Is Still on G-20 Leaders’ Minds Germany Nationalizes Second Gas Major as It Fights Energy Crisis G-20 Draft Statement Agreed Despite Divisions Over Russia CIA Chief Presses Russia Counterpart Against Nuclear Weapons Use Russia Denies Lavrov Taken to Hospital in Bali After AP Report (See RSAN on the Bloomberg Terminal for the Russian Sanctions Dashboard.) On the Ground Zelenskiy said fierce fighting continues in the country’s east. Ukrainian forces repelled Russian attacks near Bakhmut and Avdiyivka in the Donetsk region. Ukraine’s offensive in the south continues, according to military spokeswoman Natalia Humenyuk. Russian troops continue building defense lines on the east bank of the Dnipro Rive in the Kherson region, General Staff said on Facebook. Occupants in Luhansk region are planning a complete evacuation of civilian populations from Kreminna, Sievierodonetsk and Rubizhne deeper into the occupied areas, according to the General Staff. All three towns are near the contact line. Story continues (All times CET) Ukraine Seeking New Grain Shipment Funding (1:45 a.m.) The Ukrainian government is working with supporter nations to fund new shipments of grain around the anniversary of the 1930s Holodomor famine -- a symbolic push that comes amid discussions to extend a deal that allows grain exports from its war-stricken ports. Officials in Kyiv are seeking funding and support for shipments that would be timed for the late November commemoration of the famine. The plans are at an early stage and it’s unclear how many ships might be involved and how much it would cost, **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-11-15 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $324,128,777,344 - Hash Rate: 283256116.39382714 - Transaction Count: 283090.0 - Unique Addresses: 703644.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.22 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: November is a big month for soccer fans as they anticipate the kickoff of the World Cup . Ahead of the prestigious tournament, Hublot , who has served as an official partner and timekeeper for the sport since 2006, has launched a one-of-a-kind experience for sports and watch fans alike: the “Hublot Loves Football Metaverse Stadium.” This hybrid sport, art and digital events space in the metaverse was devised by a team from the legendary MEIS Architects firm. The multi-disciplinary stadium architecture and design practice has built a reputation as the foremost designers of sports, entertainment and urban activation venues including the Crypto.com stadium as well as the Everton FC and Roma Stadiums. For the “Hublot Loves Football Metaverse Stadium,” they drew inspiration from the composition of the case body and digital face of Hublot’s recently launched Big Bang e watch. More from Robb Report The Big 3 Auction Houses Sold $115 Million Worth of Rare Watches in Geneva This Month Grand Seiko's Newest Spring Drive Watch Will Arrive Just in Time for the Holidays Inside the Insane 150-Piece Watch Collection of Shipping Exec Ali Maghami “In designing this stadium, we took inspiration from Hublot’s brave, unapologetic and unparalleled approach to design,” shared Dan Meis, FAIA, Founder and Managing Principal of MEIS Studios. “By referencing the Big Bang e, the project mirrors Hublot’s storied history of introducing new dimensions of design to new audiences. This partnership encapsulates all the world has come to know from Hublot and MEIS: a forward-thinking design philosophy paired with an attention to detail that is timeless and without equal.” Hublot Loves Football Metaverse Stadium Hublot has been an early adopter of crypto in the luxury watch industry. In 2018, the year that marked the 10th anniversary of Bitcoin, Hublot introduced the limited edition Big Bang Meca-10 P2P, which was only available for purchase via Bitcoin payments. However, the “Hublot Loves Football Metaverse Stadium” marks the brand’s first foray into the metaverse. In addition to MEIS Studios, Hublot enlisted the help of Spatial to create the largest metaverse venue to date. Run by experienced leaders from Apple, Nest, LucasArts and Disney, Spatial is the Web3 home for luxury brands in the metaverse. In partnership with Hublot, Spatial notched a metaverse milestone with a 90,000-spectator stadium, equipped with a concourse and media wall showcasing numerous ambassadors and friends of the brand. As part of the Hublot Loves Football campaign, dedicated exhibitions equipped for VR experience to access the stadium will pop up next to Hublot Boutiques in luxury shopping malls in Doha, Kuala Lumpur, Singapore, Indonesia and Thailand throughout the month of November. Story continues Best of Robb Report The 10 Most Expensive Watches Sold at Auction in the 21st Century (So Far) 11 Stunning Jewelry Moments From the 2020 Oscars The New Suit: A Buyer’s Guide Sign up for Robb Report's Newsletter . For the latest news, follow us on Facebook , Twitter , and Instagram . Click here to read the full article. View comments... - Reddit Posts (Sample): [['u/Defago', 'What We Learn From FTX', 402, '2022-11-15 00:13', 'https://www.reddit.com/r/Superstonk/comments/yvfvhi/what_we_learn_from_ftx/', 'I\'ve been seeing a lot of very creative posts about FTX lately, some more plausible than others. I believe that the most tangible benefit of this saga to us as a community is not being properly harnessed. The more convoluted theories, in which you need to interpret tweets as anagrams, or other such numerical coincidences, require a lot of suppositions to be accurate. I\'m not saying they\'re \\*impossible\\*, and some of them might even turn out to be right, but we should concern ourselves not only with what\'s plausible, but also with what requires the least amount of unknowns to take a certain shape. The more conditions a theory places upon the world, the less we should assume it to be true.\n\nWith that in mind, I\'d like to look at what\'s happened, without adding any suppositions or interpretations.\n\nFTX is a brokerage that takes customer deposits into its balance, and facilitates trading by making markets within itself. There are two ways of looking at it: we can see, on one hand, the positions its customers have within the brokerage. We can also see, however, how many tokens the FTX actually owns, according to the blockchain. That is: FTX may have 100BTC in a wallet, and actually have a claim to them outside their balance, while its users may be long 1000BTC, with an implied 900BTC of shorts - either against the house\'s balance or against other customers. You could say there\'d be synthetic positions, and users would be encouraged to directly register their tokens on the blockchain, outside the FTX balance.\n\nAlameda Research, essentially a hedge fund which belongs to FTX, trades its own positions with the objective of profiting. With access to FTX data, they can trade against the customers\' flow, and they also won\'t get margin called by the system, because they\'re owned by the guys who\'d be making the margin call. Alameda, however, incurs losses with heavy leverage. They should be margin called, but instead, the market maker begins to use its market maker privilege to help the hedge fund\'s position survive.\n\nThe losses pile up, and up, and this is met with more and more leverage - doubling down. FTX "loans" money to Alameda, meaning they use their assets (which are their customers assets) to pad their balance, in an attempt to not get liquidated. They inflate literal hot air tokens into stupid valuations, so that their collateral would keep their positions open. Meanwhile, Alameda is bleeding billions.\n\nEventually, the process of people withdrawing their tokens to the chain (indirectly caused by a prominent competitor lighting a spark) overwhelms FTX. In an instant of illiquidity, everything comes crashing down. Customers run for the exits. The whole thing was worthless, consumed in a black hole of leverage, born of greed and arrogance. The unthinkable! Nobody considered this possible until now. Those who directly registered their tokens to the chain, are the only safe ones. Everyone else loses everything.\n\nAren\'t these the exact same mechanics we\'ve been denouncing for years? Is this not a practical, point-at-able example of how we theorize this ends? We\'re seeing the mainstream media and public learn about this in real time, and accept it in a way they haven\'t accepted it when we called it out. We ought to be learning from this, to better understand what\'s happening in our own game; and we ought to be leveraging this, to better reach a wider range of people, who might otherwise be scared by the in-jokes and culture. "What happened to FTX w/ crypto is what\'s happening to Citadel w/ GME" is very easy to transmit.', 'https://www.reddit.com/r/Superstonk/comments/yvfvhi/what_we_learn_from_ftx/', 'yvfvhi', [['u/Conscious_Student_37', 56, '2022-11-15 00:16', 'https://www.reddit.com/r/Superstonk/comments/yvfvhi/what_we_learn_from_ftx/iwe2br9/', 'Go on. (Srs)\n\nGood post pls continue thought', 'yvfvhi'], ['u/visandrews', 14, '2022-11-15 00:26', 'https://www.reddit.com/r/Superstonk/comments/yvfvhi/what_we_learn_from_ftx/iwe3sff/', "MSM will try and paint ftx situation and trash bitcoin and crypto *(shocking)* to get everyone in the central bank digital currency. Unfortunately bad actors and centralized exchanges disrupt the image for the entire industry. \n\n I believe this is not over yet and we'll see secondary collapses in the coming weeks. \n\n*Not your keys, not your crypto!*", 'yvfvhi'], ['u/plumb_eater', 10, '2022-11-15 00:31', 'https://www.reddit.com/r/Superstonk/comments/yvfvhi/what_we_learn_from_ftx/iwe4gvq/', 'Nice post Op!\n\nCan we get a ELI5 or tldr to summarize', 'yvfvhi'], ['u/KamuchiNL', 31, '2022-11-15 00:36', 'https://www.reddit.com/r/Superstonk/comments/yvfvhi/what_we_learn_from_ftx/iwe53d1/', "Nice sum up as I know nothing of crypto's, the players and all the drama they incured the past years to have an idea who is who\n\nYou describe that as street name for shares \nSystem can use your assets untill pulled out (DRS for shares) \nWhen I buy ETH for the MP through coinbase I directly layer swap it out, gone from the exchange (broker/exchange account) to my own wallet (name, being my own bank) and it's moved off within minutes\n\n👍", 'yvfvhi'], ['u/CedgeDC', 19, '2022-11-15 00:44', 'https://www.reddit.com/r/Superstonk/comments/yvfvhi/what_we_learn_from_ftx/iwe652p/', "Fully agreed, op. Thank you for this breakdown. Question: do we know why this hedgefund was incurring such massive, consistent losses? I can't believe it was just from gme shorts that would be too juicy.", 'yvfvhi'], ['u/nosireebobbbbb', 11, '2022-11-15 00:52', 'https://www.reddit.com/r/Superstonk/comments/yvfvhi/what_we_learn_from_ftx/iwe76tv/', 'I learned that the system is fucked and DRS is where it’s at.', 'yvfvhi'], ['u/Defago', 10, '2022-11-15 00:53', 'https://www.reddit.com/r/Superstonk/comments/yvfvhi/what_we_learn_from_ftx/iwe7f08/', 'We do not know why this hedgefund was incurring these losses. Could be bad trading, malinvestment, fraud, or a number of things, but we have no way of knowing which yet.', 'yvfvhi'], ['u/Smoother0Souls', 11, '2022-11-15 00:58', 'https://www.reddit.com/r/Superstonk/comments/yvfvhi/what_we_learn_from_ftx/iwe80e3/', 'Follow the Mayonasium.', 'yvfvhi'], ['u/poonmangler', 10, '2022-11-15 01:42', 'https://www.reddit.com/r/Superstonk/comments/yvfvhi/what_we_learn_from_ftx/iwedtx6/', "Sus AF. \n \nComplete sentences, no caps lock, no degenerative humor, and not a single god damn rocket emoji. \n \nPlatty daddy award is the cherry on top. \n \nCan't find a single flaw in the message tho, so here's some engagement.", 'yvfvhi']]], ['u/Maleficent_Repeat_22', 'Deposits and withdrawals happenjng', 63, '2022-11-15 00:46', 'https://www.reddit.com/r/CelsiusNetwork/comments/yvgmzs/deposits_and_withdrawals_happenjng/', 'I’ve been monitoring chainalysis and in particular ftx and celsius. Well idk why but every couple days, somewhere between 30-50 btc are leaving the celsius network for unknown wallets. \nNow, I’m no expert, but I thought that assets couldn’t be moved out during bankruptcy proceedings? It’s not a negligible amount of money either. \nHas anyone else been watching this and have any additional insight? Also yea I tagged the ftx wallets that funds were sent to on the 12th that are supposedly the ftx safe wallets.', 'https://www.reddit.com/r/CelsiusNetwork/comments/yvgmzs/deposits_and_withdrawals_happenjng/', 'yvgmzs', [['u/No-Doctor-4396', 33, '2022-11-15 01:12', 'https://www.reddit.com/r/CelsiusNetwork/comments/yvgmzs/deposits_and_withdrawals_happenjng/iwe9ysh/', 'I believe they are paying the lawyer fees and day to day operation with mined btc.', 'yvgmzs'], ['u/Maleficent_Repeat_22', 20, '2022-11-15 01:43', 'https://www.reddit.com/r/CelsiusNetwork/comments/yvgmzs/deposits_and_withdrawals_happenjng/iwedzhe/', 'Wow. Day to day costs of 600k-1m?! They’re not getting anywhere close to that brought in', 'yvgmzs'], ['u/Various_Ad_1759', 16, '2022-11-15 01:54', 'https://www.reddit.com/r/CelsiusNetwork/comments/yvgmzs/deposits_and_withdrawals_happenjng/iwefde8/', 'If you provide the trx you found, I am sure someone with the ability to track it will get back to you/us?!', 'yvgmzs'], ['u/retirementdreams', 12, '2022-11-15 03:50', 'https://www.reddit.com/r/CelsiusNetwork/comments/yvgmzs/deposits_and_withdrawals_happenjng/iweuxxf/', 'Rules are for the plebs.', 'yvgmzs']]], ['u/ToadBoy1989', 'If you look at the prior bear markets it is all uphill from here…', 31, '2022-11-15 01:22', 'https://www.reddit.com/r/CryptoCurrency/comments/yvhgvn/if_you_look_at_the_prior_bear_markets_it_is_all/', 'Almost 5 years ago Bitcoin hit its previous all time high of $20k on December 17th, 2017.\n\nAfter that it crashed and continued to drop for almost exactly one year.\n\nOn December 15th, 2018 Bitcoin hit the bottom of the last bear market at $3,200. \n\nIf this bear market is anything like the last one we should be right about at the bottom now.\n\nBoth of the last booms saw roughly 18x - 20x gains. If that is true for the next, and this is indeed the bottom, we will see Bitcoin surpass $300k before the next halving in April of 2024.\n\nThat being said I’m feeling super confident and definitely going to continue buying.\n\n\nUPDATE: I’m an idiot. See my newest post.', 'https://www.reddit.com/r/CryptoCurrency/comments/yvhgvn/if_you_look_at_the_prior_bear_markets_it_is_all/', 'yvhgvn', [['u/astockstonk', 10, '2022-11-15 01:23', 'https://www.reddit.com/r/CryptoCurrency/comments/yvhgvn/if_you_look_at_the_prior_bear_markets_it_is_all/iwebf9y/', 'Sorry to be a buzzkill: but we probably are going to keep going down. \n\nThe Fed is sucking money out of the system. \n\nMight be worth saving some money for lower prices.', 'yvhgvn'], ['u/surrender_the_juice', 31, '2022-11-15 01:24', 'https://www.reddit.com/r/C... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['As the bear market came barreling through 2022, growth stocks and tech stocks took the brunt of the beating. However, one theme that stood strong was cybersecurity. As a result, that should have investors looking at cybersecurity stocks to buy. Let’s face the facts, though. Cybersecurity stocks also took a good beating, as they too are growth and tech stocks. Not to mention, many of these names tend to sport elevated valuations. That made it easy for bears to short, as these stocks simply cannot support a high valuation in a rising-rate, bearish environment. InvestorPlace - Stock Market News, Stock Advice & Trading Tips That said, spend an hour or two digging through the press releases and conference calls for the three stocks listed below. Those management teams are not shy whatsoever about how well business is going. With that, let’s look at three cybersecurity stocks to buy. PANW Palo Alto Networks $161.73 CRWD CrowdStrike $142.01 DDOG Datadog $78.12 Palo Alto Networks (PANW) An image of a circle web with a lock icon in the center Source: vs148 / Shutterstock Without a question, Palo Alto Networks (NASDAQ: PANW ) is the blue-chip stock when we’re talking about cybersecurity stocks to buy. The company recently reported its fourth-quarter results. Despite a terrible year for the markets, Palo Alto put up 30% revenue growth last year. For this year, management isn’t flinching. They expect 25% revenue growth this year, more than analysts were expecting at the time of the report. During the conference call , management said many of its customers “increasingly have the confidence” to make longer-term deals with Palo Alto. Furthermore, “the vast majority of our customers continue on their investments here despite the expected short-term macro impacts.” The truth is rather straightforward: Companies continue to invest in cybersecurity because they have to. In good markets or bad — and in strong economies or weak — cyber-criminals are constantly at work. They are looking to hack, steal and sell customer information. So regardless of whether companies are in prosperous times or lean times, they need to keep their defensive systems engaged. Story continues CrowdStrike (CRWD) Mobile phone with website of American software company CrowdStrike Holdings (CRWD) Inc. on screen in front of website. Focus on top-center of phone display. Unmodified photo. Source: T. Schneider / Shutterstock.com When we look outside of Palo Alto, we start to find higher growth stocks like CrowdStrike (NASDAQ: CRWD ). At the same time, that also means we find cybersecurity stocks with higher valuations. For example, this company sports trailing revenue growth of 61% — that’s not a typo, 61%! For FY 2023, estimates call for 54% growth, then 32.5% growth or more in each of the next three fiscal years. While it’s possible that these estimates do not come to fruition, it shows just how strong the growth is that this company is enjoying right now. While CrowdStrike is not yet profitable on a GAAP basis, it continues to generate strong non-GAAP earnings. Consensus estimates call for this year’s results to double to $1.32 a share, then grow to more than $4 a share in the next three years. When the company reported its second-quarter earnings on Aug. 30, it delivered a top- and bottom-line beat . However, more impressively, it raised its full-year earnings and revenue outlook. This company is growing like a weed and it doesn’t look ready to stop anytime soon. Datadog (DDOG) internet security and data protection concept, blockchain and cybersecurity Source: Song_about_summer / Shutterstock Last but certainly not least, we have Datadog (NASDAQ: DDOG ). With a market cap of $24.808 billion, it’s certainly not a small company. However, Datadog is the smallest of the three companies on this list. Furthermore, the company went public just before Covid-19 hit, making its public debut in the second half of 2019. Since then, it’s been a bit of a rollercoaster. Shares sank 42% amid the Covid-19 selloff, then exploded higher by almost 600% in just over six quarters . However, after coughing up two-thirds of its value, investors are now on the prowl for a potential bargain. This company has a lot of operational similarities to CrowdStrike. For instance, Datadog is also non-GAAP profitable, but operating at a GAAP loss. Also like CrowdStrike, the company delivered an earnings and revenue beat last quarter, then raised its full-year guidance. While these stocks are not yet being rewarded for these beat-and-raise quarters, they will be eventually. Datadog actually generates a better operating margin than CrowdStrike, but its growth profile is a tad bumpier. Analysts expect about 61% revenue growth this year, then 34% growth next year. In 2025 and 2026, consensus estimates accelerate, calling for 35% and 44.5% growth, respectively. If this company can flip to positive GAAP operating margins, then look out. 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 Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” It doesn’t matter if you have $500 or $5 million. Do this now. The post 3 Cybersecurity Stocks With Room to Run in 2023 appeared first on InvestorPlace .', 'As the bear market came barreling through 2022, growth stocks and tech stocks took the brunt of the beating. However, one theme that stood strong was cybersecurity. As a result, that should have investors looking at cybersecurity stocks to buy.\nLet’s face the facts, though.\nCybersecurity stocks also took a good beating, as they too are growth and tech stocks. Not to mention, many of these names tend to sport elevated valuations. That made it easy for bears to short, as these stocks simply cannot support a high valuation in a rising-rate, bearish environment.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nThat said, spend an hour or two digging through the press releases and conference calls for the three stocks listed below. Those management teams are not shy whatsoever about how well business is going.\nWith that, let’s look at three cybersecurity stocks to buy.\n[{"PANW": "CRWD", "Palo Alto Networks": "CrowdStrike", "$161.73": "$142.01"}, {"PANW": "DDOG", "Palo Alto Networks": "Datadog", "$161.73": "$78.12"}]\nSource: vs148 / Shutterstock\nWithout a question,Palo Alto Networks(NASDAQ:PANW) is the blue-chip stock when we’re talking about cybersecurity stocks to buy.\nThe company recently reported its fourth-quarter results. Despite a terrible year for the markets, Palo Alto put up 30% revenue growth last year. For this year, management isn’t flinching. Theyexpect25% revenue growth this year, more than analysts were expecting at the time of the report.\nDuring theconference call, management said many of its customers “increasingly have the confidence” to make longer-term deals with Palo Alto. Furthermore, “the vast majority of our customers continue on their investments here despite the expected short-term macro impacts.”\nThe truth is rather straightforward: Companies continue to invest in cybersecurity becausetheyhave to.In good markets or bad — and in strong economies or weak — cyber-criminals are constantly at work. They are looking to hack, steal and sell customer information. So regardless of whether companies are in prosperous times or lean times, they need to keep their defensive systems engaged.\nSource: T. Schneider / Shutterstock.com\nWhen we look outside of Palo Alto, we start to find higher growth stocks likeCrowdStrike(NASDAQ:CRWD). At the same time, that also means we find cybersecurity stocks with higher valuations.\nFor example, this company sports trailing revenue growth of 61% — that’s not a typo, 61%!\nFor FY 2023, estimates call for 54% growth, then 32.5% growth or more in each of the next three fiscal years. While it’s possible that these estimates do not come to fruition, it shows just how strong the growth is that this company is enjoying right now.\nWhile CrowdStrike is not yet profitable on a GAAP basis, it continues to generate strong non-GAAP earnings. Consensus estimates call for this year’s results to double to $1.32 a share, then grow to more than $4 a share in the next three years. When the company reported its second-quarter earnings on Aug. 30, it delivered atop- and bottom-line beat. However, more impressively, it raised its full-year earningsandrevenue outlook.\nThis company is growing like a weed and it doesn’t look ready to stop anytime soon.\nSource: Song_about_summer / Shutterstock\nLast but certainly not least, we haveDatadog(NASDAQ:DDOG). With a market cap of $24.808 billion, it’s certainly not a small company. However, Datadog is the smallest of the three companies on this list. Furthermore, the company went public just before Covid-19 hit, making its public debut in the second half of 2019. Since then, it’s been a bit of a rollercoaster.\nShares sank 42% amid the Covid-19 selloff, then exploded higher by almost600% in just over six quarters. However, after coughing up two-thirds of its value, investors are now on the prowl for a potential bargain.\nThis company has a lot of operational similarities to CrowdStrike.\nFor instance, Datadog is also non-GAAP profitable, but operating at a GAAP loss. Also like CrowdStrike, the company delivered anearnings and revenue beatlast quarter, then raised its full-year guidance. While these stocks are not yet being rewarded for these beat-and-raise quarters, they will be eventually.\nDatadog actually generates a better operating margin than CrowdStrike, but its growth profil **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-11-16 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $317,623,398,594 - Hash Rate: 274118822.31660694 - Transaction Count: 268373.0 - Unique Addresses: 670368.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.23 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: NEW YORK, Nov. 04, 2022 (GLOBE NEWSWIRE) --Cipher Mining Inc.(NASDAQ: CIFR) (“Cipher” or the “Company”), a U.S.-based Bitcoin mining company, today announced it will provide a business update and release its third quarter 2022 financial results before U.S. markets open on Monday, November 14, 2022. Cipher will host a conference call and webcast that day at 8:00 a.m. Eastern Time. The live webcast and a webcast replay of the conference call can be accessed from the investor relations page of Cipher’s website athttps://investors.ciphermining.com. To access this conference call by telephone, dial (800) 715-9871 or (646) 307-1963 and use the conference ID 4350879. About CipherCipher is an emerging technology company focused on the development and operation of bitcoin mining data centers in the United States.  Cipher is dedicated to expanding and strengthening the Bitcoin network’s critical infrastructure.  Together with its diversely talented team and strategic partnerships, Cipher aims to be a market leader in bitcoin mining growth and innovation.  To learn more about Cipher, please visithttps://www.ciphermining.com/. Contacts:Investor Contact:Lori BarkerBlueshirt Group Investor [email protected] Media Contact:Ryan Dicovitsky / Kendal TillDukas Linden Public [email protected]... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['With fears rising regarding a global economic slowdown , investors should consider recession-resistant stocks to batten down the hatches. Fundamentally, one of the biggest concerns that analysts cited centers on global central banks tightening their money supply. Reduced liquidity almost certainly signals deflation if left unchecked, which translates to reduced business activity. That\x92s going to be a killer for growth-oriented investments. On the other hand, it may open up a cynical opportunity for so-called recession-resistant stocks to buy. These enterprises typically command well-established and relevant business models that cater to overriding needs. They\x92re not the sexiest market ideas to be sure and thus don\x92t offer extreme growth potential. However, they can offer dependability and stability, which may carry a higher premium given the circumstances. If anything, your portfolio should be protected from the wild vagaries of the present market cycle. As well, if monetary fluctuations occur, recession-resistant stocks may be able to insulate your wealth. Therefore, every investor should at least give some thought to the below contextually compelling ideas. InvestorPlace - Stock Market News, Stock Advice & Trading Tips KO Coca-Cola $60.52 KR Kroger $47.83 HD Home Depot $314.91 PG Procter & Gamble $141.74 PGR Progressive $125.91 FIVE Five Below $149.77 RHI Robert Half $76.88 Coca-Cola (KO) stock market ticker screen with the word "dividends" appearing in large text Source: iQoncept/shutterstock.com One of the most iconic brands in American business, Coca-Cola (NYSE: KO ) offers a classic case for recession-resistant stocks to buy. During the aftermath of the Great Recession, many analysts cited KO as a name investors can trust . No, it\x92s not the most exciting company in the world. However, the brand is integrated into the fabric of society. For me, Coca-Cola drives plenty of value and confidence because of its cheap pick-me-up narrative. During decidedly bullish economic cycles, consumers usually won\x92t think twice about popping into their local coffee shop franchise to order an overpriced cup of Joe. However, with recessionary forces at play, consumers must tighten their belts. That\x92s going to benefit Coca-Cola. Story continues On the financials, investors can bank on KO\x92s strong profitability metrics. For instance, its net margin stands at 23.4%, ranked higher than over 94% of its rivals. Also, the company carries a return on equity (ROE) of nearly 43%. In contrast, the industry median is only 10.7%. Kroger (KR) Kroger (KR) Supermarket. The Kroger Co. is One of the World\'s Largest Grocery Retailers. Source: Eric Glenn / Shutterstock.com Fundamentally, the narrative for Kroger (NYSE: KR ) as one of the recession-resistant stocks to buy sells itself. It\x92s a cynical topic but let\x92s be real. Humans require a minimum amount of calorie intake. No calories and liquids and you\x92re not getting too far in life. Therefore, households have little choice but to sacrifice everything else before they cut into the grocery budget. Another factor that helps boost KR as one of the recession-resistant stocks to put on your radar centers on the trade-down effect. During a bull market, people feel good about themselves. So, they might treat themselves (and their loved ones) to fancy dinners. However, with the specter of a global recession on the horizon, those fancy dinners become fast-food takeout. Then this category trades down to microwave dinners. You get the point. Plus, Kroger enjoys some intriguing financial metrics . For instance, its ROE stands at nearly 26%, which reflects a high-quality business. Also, its price-to-sales ratio is 0.24 times, lower than the industry median of 0.5 times. Home Depot (HD) an interior view of a house attic under construction Source: ronstik / Shutterstock.com A dependable company when circumstances go awry, Home Depot (NYSE: HD ) just happens to be built for economic and literal storms. Further, the organization proved its benefit to the public, staying open for longer than most other businesses during the initial wave of the coronavirus pandemic. Frankly, I don\x92t think Home Depot gets enough credit for this gesture. Now, as one of the recession-resistant stocks to buy, Home Depot benefits from cynical realities. Basically, Murphy\x92s Law doesn\x92t care if a recession is ongoing or not. Sometimes, it seems like Murphy\x92s Law becomes more prominent when a recession or some other crisis materializes. While it\x92s not a panacea for all mishaps, you can depend on Home Depot to carry the products that will get you out of your particular jam. Financially, investors will likely take great encouragement from the company\x92s income-statement metrics. Specifically, its operating and net margins of 15.3% and 10.9%, respectively, rank among the underlying sector\x92s elite. Procter & Gamble (PG) Procter & Gamble Union Distribution Center. P&G is an American Multinational Consumer Goods Company Source: Jonathan Weiss / Shutterstock.com A relatively easy choice for recession-resistant stocks to buy, Procter & Gamble (NYSE: PG ) benefits from an indelible business model. Manufacturing several household goods, Procter & Gamble combines relevancy (through addressing basic needs) and brand awareness. To be fair, consumers can trade down to generic alternatives. However, circumstances will need to be truly dire before we get to that point. Interestingly, though, PG\x92s boring nature as one of the recession-resistant stocks didn\x92t spare it from volatility. So far this year, shares slipped nearly 14% in equity value. That\x92s not too far removed from the benchmark S&P 500 , which shed almost 17%. However, PG garnered momentum recently, gaining over 2% in the trailing five days. It\x92s also up over 10% in the trailing month. Financially, the company benefits from reasonable stability in the balance sheet. For instance, its Altman Z-Score is 5.23 , reflecting a very low bankruptcy risk. Also, it features strong profitability metrics, such as a net margin of 18% which ranks above nearly 92% of the competition. Progressive (PGR) ROOT Stock - Man holding car insurance Source: Jirsak / Shutterstock.com Representing the number one commercial auto insurer in the U.S., Progressive (NYSE: PGR ) commands significant brand awareness. Thanks to its memorable fictional salesperson character Flo, Progressive has become ingrained when it comes to auto insurance. And that\x92s significant because it enables the company to muscle out other recession-resistant stocks in this insurance subsegment. While it\x92s a cynical talking point, we\x92ve got to face reality: Progressive enjoys a hostage audience. According to the company\x92s website, every state in the Union requires auto insurance except New Hampshire. Even then, those that decide to go without coverage must meet the state\x92s financial responsibility requirements. Honestly, it\x92s just better to get auto insurance. Another cynical argument for PGR as one of the recession-resistant stocks to buy? It\x92s getting more dangerous out there on America\x92s roadways. Although you can\x92t control what others do, you can at least protect yourself. Given that everyone learned a lesson that stuff can happen at any moment, PGR makes an excellent case for itself. Five Below (FIVE) Friends sit on a ledge with shopping bags after shopping retail stores. Source: Rawpixel.com / Shutterstock Should an economic downturn materialize, investors will want to target Five Below (NASDAQ: FIVE ) as one of the recession-resistant stocks to buy. It comes down to the trade-down effect . When financial pressures materialize, consumers naturally start to tighten their spending habits. However, they don\x92t go from one extreme to another. Rather, they taper down their expenditures gradually. Fundamentally, that\x92s what I like about Five Below. Unlike a pure discount-dollar store, Five Below mostly features products priced at $5 or less. Further, the company provides a small selection of products that range from $6 to $25, enabling greater consumer choice. It also means that the stores feature a more upscale ambiance which can certainly help the shopping experience. Financially, Gurufocus.com makes a case that Five Below represents a modestly undervalued investment . Backed by a decently stable balance sheet, Five Below features excellent revenue growth and profit margins that rank in the sector\x92s top tier. Robert Half (RHI) An image of someone using a laptop on a white table with \'jobs\' on the right Source: TierneyMJ / Shutterstock To be clear, the inclusion of Robert Half (NYSE: RHI ) as one of the recession-resistant stocks will likely generate controversy. As an employment staffing agency, an argument exists that Robert Half and its ilk fleece the flock. After all, job applicants can apply directly for the positions they want. And with employers apparently desperate for workers, RHI seems irrelevant. Still, the process of finding quality workers represents a major hassle. As well, so much can go wrong if an enterprise hires a person not qualified for the position. In addition, you have other factors (such as personality mismatches) that can cloud an organization\x92s ambiance. For efficiency\x92s sake, many companies outsource the hassle of hiring to professional staffing agencies. Also, keep in mind the current circumstances. With the Fed continuing to attack the inflation rate through higher interest rates, the strategy is having a major effect. Several companies, particularly those tied to big tech, are implementing big layoffs . Cynically, then, Robert Half could see an influx of demand, making RHI one of the recession-resistant stocks to consider. On the date of publication, Josh Enomoto did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are tho **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-11-17 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $317,328,751,075 - Hash Rate: 252189316.5312784 - Transaction Count: 248465.0 - Unique Addresses: 636467.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.20 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: U.S. stocks posted outsized gains Thursday, logging their biggest one-day climb in two years, as Wall Streetcheered lighter-than-expected inflation dataand monitoredmidterm electiontallies. TheConsumer Price Index (CPI)for October reflected a 7.7% increase over last year and 0.4% increase over the prior month, better than Wall Street expected. Economists surveyed by Bloomberg called for a 7.9% annual rise and 0.5% monthly gain. The S&P 500 (^GSPC) rallied 5.5% — its biggest intraday gain since April 2020 — while the Dow Jones Industrial Average (^DJI) jumped 1,200 points, or 3.7%, the most since May 2020. The technology-heavy Nasdaq Composite (^IXIC) advanced a whopping 7.4%, its sharpest climb since emerging from the pandemic crash in March 2020. Meanwhile, Treasury yields tumbled following the report, with the benchmark10-year notefalling well below the 4% level. Moderations in the data again fueled bets that the Federal Reserve may ease the pace of its monetary tightening campaign, with investors shrugging off Chair Jerome Powell'sassertion earlier this monththat a policy shift is not imminent. Remarks by Federal Reserve Bank of Philadelphia President Patrick Harker also suggested Thursdaythat officials may be nearing a pause, thoughother officials stressedthe need for continued hikes, even if at a slower pace. Sharp gains were seen across technology stocks, with Apple (AAPL) and Microsoft Corporation (MSFT) each up more than 8%. Amazon (AMZN) shares surged 12%, Facebook parent Meta (META) 10% — placing the stock on track for its biggest weekly gain since July 2013 — and Nvidia (NVDA) 14%. The stocks added roughly $400 billion in market capitalization combined on Thursday, according to Bloomberg data. "The first downside surprise in inflation in several months will inevitably be received by an equity market ovation," Principal Asset Management Chief Global Strategist Seema Shah said in a note, adding however that Federal Reserve officials remain on pace to proceed with rate increases and a pause is still elusive. "Let the market enjoy today, it still has another 100 basis points or so of tightening to commiserate," she said. Elsewhere in economic data — in the shadow of CPI — filings for unemployment insurance rose last week but held near historic lows. Initial jobless claims, the most timely snapshot of the labor market, came in at 225,000, a 7,000 increase from the prior week, Labor Department data showed. Thursday's market moves comeafter each of the major averages slidat least 2% in the previous session over midterm election uncertainty. Republicans appeared poised to take control of the House but did not sweep polls at the extent anticipated, undermining optimism over the market-friendly gridlock investors anticipated. Even as Wall Street awaits political clarity, with vote counting still underway, GLOBALT Investments vice president and senior portfolio manager Thomas Martin argued that markets are laser focused now on only one thing: the effect of central bank tightening on inflation. “So far, the effects seem to be not all that appreciably different from zero,” he said in a note late Wednesday. “Yes, there have been data points hinting at the easing of some prices, but they haven’t been able to muster sustainable momentum.” Until the latest policy-setting meeting earlier this month, traders hoped Federal Reserve officials would ease their monetary tightening plans as economic data softens. But Chair Jerome Powellpushed back against the notionthat a shift in the Fed’s path is imminent, with inflation and payrolls still firmly elevated — the latter, still far below the Fed's goal of 2% despite October's decline. Prior to Wednesday's rebound, renewed risk-off sentiment on Wednesday was also stoked by the fastcollapse of FTX, the cryptocurrency exchange run by billionaire Sam Bankman-Fried. Concerns over the possibility of insolvency for FTX after rival Binance walked back on an emergency rescue deal to buy the firm wreaked havoc on crypto markets, with jitters pouring over into other risk assets. Bitcoin (BTC-USD) hovered around $16,300 Thursday morning. In earnings news, shares of Nio (NIO) rallied 12% after the Chinese electric carmaker reported a jump in third-quarter revenue and forecasted strong production. South Korean e-commerce Coupang (CPNG) saw its stock gain 23% after posting itsfirst on-record operating profit. ZipRecruiter (ZIP) shares jumped 16% after the online employment marketplace raised its full-year outlook and greenlighted a $200 million increase to its share repurchase program. Shares of Bumble (BMBL) rose 10% after reversing a pre-market decline of 15% despite unveiling third-quarter revenue that missed Wall Street estimates and downwardly revised guidance for the current period over currency headwinds and Russia’s war in Ukraine. — Alexandra Semenova is a reporter for Yahoo Finance. Follow her on Twitter@alexandraandnyc Click here for the latest trending stock tickers of the Yahoo Finance platform Click here for the latest stock market news and in-depth analysis, including events that move stocks Read the latest financial and business news from Yahoo Finance Download the Yahoo Finance app forAppleorAndroid Follow Yahoo Finance onTwitter,Facebook,Instagram,Flipboard,LinkedIn, andYouTube... - Reddit Posts (Sample): [['u/GeneralZaroff1', 'So with UK Inflation officially at 11.1%, is "Bitcoin is a hedge against inflation" still something people say?', 11, '2022-11-17 00:34', 'https://www.reddit.com/r/Bitcoin/comments/yx9zb0/so_with_uk_inflation_officially_at_111_is_bitcoin/', 'I remember during the great multi-Trillion-dollar print of 2020, people (myself included) pointed to the fact that there was limited Bitcoin as one of the reasons for why Bitcoin is a good hedge against inflation, because more cannot be printed, unlike other currencies. \n\nIs that proven to be false now, officially, or have we changed the reasoning behind it?', 'https://www.reddit.com/r/Bitcoin/comments/yx9zb0/so_with_uk_inflation_officially_at_111_is_bitcoin/', 'yx9zb0', [['u/Mr_P_Nissaurus', 35, '2022-11-17 00:37', 'https://www.reddit.com/r/Bitcoin/comments/yx9zb0/so_with_uk_inflation_officially_at_111_is_bitcoin/iwnm19o/', 'Inflation is a long term thing. \n\nSo is Bitcoin. \n\n\nZoom out, all the way.', 'yx9zb0'], ['u/Festortheinvestor', 15, '2022-11-17 01:16', 'https://www.reddit.com/r/Bitcoin/comments/yx9zb0/so_with_uk_inflation_officially_at_111_is_bitcoin/iwnr2we/', 'Cha Ching. This guy gets it.', 'yx9zb0']]], ['u/Bitter-Culture9606', 'Bitcoin scam', 23, '2022-11-17 01:43', 'https://www.reddit.com/r/MichaelsEmployees/comments/yxbkc7/bitcoin_scam/', 'Okay, which stores fell for the Bitcoin scams?', 'https://www.reddit.com/r/MichaelsEmployees/comments/yxbkc7/bitcoin_scam/', 'yxbkc7', [['u/seasew', 33, '2022-11-17 02:19', 'https://www.reddit.com/r/MichaelsEmployees/comments/yxbkc7/bitcoin_scam/iwnz5o0/', 'A few in my district, but everyone is hush-hush about which stores. I can’t believe anyone fell for it.', 'yxbkc7'], ['u/Bitter-Culture9606', 20, '2022-11-17 02:30', 'https://www.reddit.com/r/MichaelsEmployees/comments/yxbkc7/bitcoin_scam/iwo0inf/', 'Right!?!!! Has to be the dumbest scam to fall for.', 'yxbkc7'], ['u/Bitter-Culture9606', 16, '2022-11-17 02:51', 'https://www.reddit.com/r/MichaelsEmployees/comments/yxbkc7/bitcoin_scam/iwo39bo/', 'Basically, tells manager to pass over money due to Bitcoin issue. There are several variations on the theme.', 'yxbkc7'], ['u/otideaonotica', 12, '2022-11-17 02:56', 'https://www.reddit.com/r/MichaelsEmployees/comments/yxbkc7/bitcoin_scam/iwo3t5y/', "It's odd, I thought we held off the last couple years' waves of scams rather well but this year so many stores are falling for this much more blatant scam...? Haven't had any attempts in our district yet, though, AFAIK.", 'yxbkc7'], ['u/[deleted]', 25, '2022-11-17 03:07', 'https://www.reddit.com/r/MichaelsEmployees/comments/yxbkc7/bitcoin_scam/iwo58s8/', 'I find this hilarious also. No one has any common sense whatsoever. It’s like the $50 bill that the CEM accepted in my store that says THIS IS A REPLICA right on it. Idiots.', 'yxbkc7'], ['u/krassr', 12, '2022-11-17 03:14', 'https://www.reddit.com/r/MichaelsEmployees/comments/yxbkc7/bitcoin_scam/iwo65nx/', 'someone gave up 14k from what I heard.', 'yxbkc7'], ['u/TrafficCharming6633', 16, '2022-11-17 03:16', 'https://www.reddit.com/r/MichaelsEmployees/comments/yxbkc7/bitcoin_scam/iwo6dvm/', 'Had someone in my store clearly accept a fake 100 on printer paper with glitter glue as the "stripe".\n\nWe say we can\'t imagine it but it\'s still happening lol', 'yxbkc7'], ['u/what_is_going_on_2', 17, '2022-11-17 03:36', 'https://www.reddit.com/r/MichaelsEmployees/comments/yxbkc7/bitcoin_scam/iwo8wgf/', "Someone will call the store pretending to be someone from corporate. Saying they are in contact with your SM and tell you that your store is going to be shut down (I've heard due to fines or certain licenses weren't paid for) if you don't take all of the money out of the registers and the safe and deposit them into a bitcoin ATM. People are actually falling for this. And if they don't drive I've heard that the scammer actually orders them an Uber.", 'yxbkc7'], ['u/perfectnoodle42', 12, '2022-11-17 05:04', 'https://www.reddit.com/r/MichaelsEmployees/comments/yxbkc7/bitcoin_scam/iwojbgh/', 'Same for ours. I wonder if we\'re the same district, or if they\'re just saying that to everyone to keep us on "high alert."\n\nOur LP guys seemed real pressed about it though. I had to put a sign on our safe telling all the managers never to remove cash from it for something other than balancing tills. 🙄', 'yxbkc7'], ['u/Msktb', 17, '2022-11-17 05:29', 'https://www.reddit.com/r/MichaelsEmployees/comments/yxbkc7/bitcoin_scam/iwom157/', "They have the mod take money and deposit to a Bitcoin ATM where it can't be retrieved. The person will threaten the mods job and pretend they're from corporate. They're trying to catch people who are stressed out and get them to make a mistake. \n\nThat said I can't believe any key holder still falls for that!", 'yxbkc7']]], ['u/DavidSeamanAMA', 'In theory most of the exchanges that competed with FTX could fail in the days ahead. Over-tokenization and rewards (fee discounts etc if you topped up using their in-house token) will be seen as a Hindenburg level miscalculation in the crypto-economy; the in-house token is a fragile Achilles heel.', 38, '2022-11-17 03:16', 'https://www.reddit.com/r/CryptoCurrency/comments/yxdnvw/in_theory_most_of_the_exchanges_that_competed/', 'And maybe these exchanges deserve to fail...\n\nit\'s a greedy, rather than elegant or necessary, design.\n\nThese exchanges getting rich off their in-house tokens. Missed that part in Satoshi\'s white paper lol.\n\nLike any investment, if they get significant lock-up, the price can rise.\n\nBut like any investment, when the users flee, the price can fall.\n\nTying an exchange\'s foundational and operational health to the daily fluctuations of a layer2 token will prove to be insanity.\n\nWith Fidelity and BlackRock in the space, and others likely joining soon, these exchanges also can\'t compete on fees. Fidelity is planning to offer "commission free" Bitcoin and Ether trades. Even if they were healthy and honest, FTX\'s business model would not fare well with a multi-trillion dollar giant like Fidelity (with real branches, etc.) moving into the sector, and going commission free.\n\nThe wealth as I always understand it is in the blockchains, buying up block space makes sense to me, building exchanges around layer2 shitcoins does not.\n\nMuch change lays ahead. Exchanges should be nimble operators, not the Smaug shittoken hoards we find today. If those shittokens drop unexpectedly in value, the house of cards comes crashing down, just as it did with FTT (the FTX token).', 'https://www.reddit.com/r/CryptoCurrency/comments/yxdnvw/in_theory_most_of_the_exchanges_that_competed/', 'yxdnvw', [['u/Maxx3141', 15, '2022-11-17 03:21', 'https://www.reddit.com/r/CryptoCurrency/comments/yxdnvw/in_theory_most_of_the_exchanges_that_competed/iwo6zz2/', 'I dislike exchange token, but they alone are not the problem here. Borrowing against them was, thats what made that ship sink. And this is an important difference.\n\nIf an exchange token fails, the exchange must not die from it. But if all their investments were based on it, they certainly will.', 'yxdnvw']]], ['u/Zpamx', 'Why wasn’t there a cooldown with the fusion in dbs broly', 13, '2022-11-17 04:33', 'https://www.reddit.com/r/dragonball/comments/yxfcx0/why_wasnt_there_a_cooldown_with_the_fusion_in_dbs/', 'In the movie it only took an hour when it should’ve taken three because in the cooldown they made in z, gotenks says that it takes an hour for the cooldown to start the fusion again and they had time in the HBTC to probably test that so what happened to that rule in the broly movie?', 'https://www.reddit.com/r/dragonball/comments/yxfcx0/why_wasnt_there_a_cooldown_with_the_fusion_in_dbs/', 'yxfcx0', [['u/MattmanDX', 36, '2022-11-17 05:21', 'https://www.reddit.com/r/dragonball/comments/yxfcx0/why_wasnt_there_a_cooldown_with_the_fusion_in_dbs/iwol982/', "Who says there wasn't a cooldown?\n\nThey fail, they wait an hour each time, Frieza gets beaten for another hour each time, they eventually succeed.\n\nApparently Frieza tapped out at some point after the second failure because Whis stepped in to distract Broly for a while instead.", 'yxfcx0'], ['u/mmmasian', 20, '2022-11-17 08:16', 'https://www.reddit.com/r/dragonball/comments/yxfcx0/why_wasnt_there_a_cooldown_with_the_fusion_in_dbs/iwp0y0r/', 'Hijacking top comment to give an explanation: \n\nThe manga shows us you only have to wait the hour after fusion if you succeed. \n\nIf you fail (like Goku and Vegeta did twice), then when you defuse in 30 minutes, you can attempt Fusion again. \n\nSince Goku and Vegeta only succeeded on the third try, the first two tries only took an hour altogether.', 'yxfcx0'], ['u/TurboTrollin', 10, '2022-11-17 09:29', 'https://www.reddit.com/r/dragonball/comments/yxfcx0/why_wasnt_there_a_cooldown_with_the_fusion_in_dbs/iwp64du/', "'Beaten for just an hour' you almost make it sound like an hour with Broly might be bearable....", 'yxfcx0']]], ['u/hyperinflationUSA', 'Last time i checked Grayscale, the largest bitcoin holder (aside from Satoshi), was selling 25 BTC every day. They sell via Genesis according to SEC filing. This means they can not sell those 25 BTC daily anymore. This is good for bitcoin', 19, '2022-11-17 05:46', 'https://www.reddit.com/r/Bitcoin/comments/yxgudc/last_time_i_checked_grayscale_the_largest_bitcoin/', 'From GBTC\'s SEC filing\n\n>"*Genesis”— Genesis Global Trading, Inc., a wholly owned subsidiary of Digital Currency Group, Inc., which as of the date of this Quarterly Report,* ***is the only acting Liquidity Provider***"\n\nLiquidity Provider means they dump their bitcoins via them. Grayscale never buys and likely never will in the future due to the negative discount on their shares. They would only buy bitcoin if there was a premium. [https://ycharts.com/companies/GBTC/discount\\_or\\_premium\\_to\\_nav](https://ycharts.com/companies/GBTC/discount_or_premium_to_nav)\n\nThey sell BTC ever... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Purpose Investments Inc. TORONTO, Nov. 17, 2022 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (“Purpose”) is pleased to announce distributions for the month of November 2022 for its open-end exchange traded funds and closed-end funds (“the Funds”). The ex-distribution date for all ETFs is November 25, 2022, with the exception of Purpose Bitcoin Yield ETF and Purpose Ether Yield ETF, which will have an ex-distribution date of November 28, 2022, as well as Purpose High Interest Savings ETF and Purpose US Cash Fund, which have an ex-distribution date of November 29, 2022. The ex-distribution date for all closed-end funds is November 29, 2022. Open-End Funds Ticker Symbol Distribution per share/unit Record Date Payable Date Distribution Frequency Purpose Core Dividend Fund - ETF Series PDF $ 0.1050 1 11/28/2022 12/07/2022 Monthly Purpose Enhanced Dividend Fund – ETF Series PDIV $ 0.0522 1 11/28/2022 12/07/2022 Monthly Purpose Total Return Bond Fund - ETF Series PBD $ 0.0520 1 11/28/2022 12/07/2022 Monthly Purpose Real Estate Income Fund – ETF Series PHR $ 0.0720 1 11/28/2022 12/07/2022 Monthly Purpose Monthly Income Fund - ETF Series PIN $ 0.0830 1 11/28/2022 12/07/2022 Monthly Purpose Premium Yield Fund – ETF Series PYF $ 0.0830 1 11/28/2022 12/07/2022 Monthly Purpose Premium Yield Fund Non-Currency Hedged USD – ETF Series PYF.U US $ 0.0885 1 11/28/2022 12/07/2022 Monthly Purpose Premium Yield Fund Non-Currency Hedged – ETF Series PYF.B $ 0.0885 1 11/28/2022 12/07/2022 Monthly Purpose Canadian Financial Income Fund – ETF Series BNC $ 0.1025 1 11/28/2022 12/07/2022 Monthly Purpose Conservative Income Fund – ETF Series PRP $ 0.0540 1 11/28/2022 12/07/2022 Monthly Purpose Enhanced Premium Yield Fund – ETF Series PAYF $ 0.1181 1 11/28/2022 12/07/2022 Monthly Purpose International Dividend Fund – ETF Units PID $ 0.0780 11/28/2022 12/07/2022 Monthly Purpose US Dividend Fund – ETF Units PUD $ 0.0650 11/28/2022 12/07/2022 Monthly Purpose US Dividend Fund Non-Currency Hedged – ETF Units PUD.B $ 0.0760 11/28/2022 12/07/2022 Monthly Purpose Global Bond Fund – ETF Units BND $ 0.0585 11/28/2022 12/07/2022 Monthly Purpose High Interest Savings ETF PSA $ 0.1787 11/29/2022 12/07/2022 Monthly Purpose US Cash Fund – ETF Units PSU.U US$ 0.3428 11/29/2022 12/07/2022 Monthly Purpose Strategic Yield Fund – ETF Units SYLD $ 0.0970 11/28/2022 12/07/2022 Monthly Purpose Multi-Asset Income Fund – ETF Units PINC $ 0.0840 11/28/2022 12/07/2022 Monthly Purpose Global Bond Class – ETF Units IGB $ 0.0602 1 11/28/2022 12/07/2022 Monthly Purpose Canadian Preferred Share Fund – ETF Units RPS $ 0.0950 11/28/2022 12/07/2022 Monthly Purpose Core Equity Income Fund – ETF Series RDE $ 0.0800 1 11/28/2022 12/07/2022 Monthly Purpose US Preferred Share Fund – ETF Units RPU $ 0.0940 11/28/2022 12/07/2022 Monthly Purpose US Preferred Share Fund Non-Currency Hedged – ETF Units 2 RPU.B / RPU.U $ 0.0940 11/28/2022 12/07/2022 Monthly Purpose Emerging Markets Dividend Fund – ETF Units REM $ 0.0580 11/28/2022 12/07/2022 Monthly Purpose Global Flexible Credit Fund – ETF Units FLX $ 0.0297 11/28/2022 12/07/2022 Monthly Purpose Global Flexible Credit Fund - Non-Currency Hedged USD – ETF Units FLX.U US$ 0.0375 11/28/2022 12/07/2022 Monthly Purpose Global Flexible Credit Fund - Non-Currency Hedged – ETF Units FLX.B $ 0.0365 11/28/2022 12/07/2022 Monthly Black Diamond Global Equity Fund – ETF Units BDEQ $ 0.0112 11/28/2022 12/07/2022 Monthly Black Diamond Distressed Opportunities Fund – ETF Units BDOP $ 0.0075 11/28/2022 12/07/2022 Monthly Purpose Credit Opportunities Fund – ETF Units CROP $ 0.0875 11/28/2022 12/07/2022 Monthly Purpose Credit Opportunities Fund – ETF USD Units CROP.U $ 0.0975 11/28/2022 12/07/2022 Monthly Purpose Bitcoin Yield ETF – ETF Units BTCY $ 0.0230 11/28/2022 12/07/2022 Monthly Purpose Bitcoin Yield ETF – ETF Non-Currency hedged Units BTCY.B $ 0.0250 11/28/2022 12/07/2022 Monthly Purpose Bitcoin Yield ETF – ETF Units Non-Currency Hedged USD Units BTCY.U US$ 0.0300 11/28/2022 12/07/2022 Monthly Purpose Ether Yield ETF – ETF Units ETHY $ 0.0210 11/28/2022 12/07/2022 Monthly Purpose Ether Yield ETF – ETF Non-Currency hedged Units ETHY.B $ 0.0250 11/28/2022 12/07/2022 Monthly Purpose Ether Yield ETF – ETF Units Non-Currency Hedged USD Units ETHY.U US$ 0.0275 11/28/2022 12/07/2022 Monthly Purpose Healthcare Innovation Yield ETF – ETF Units HEAL $ 0.1330 11/28/2022 12/07/2022 Monthly Closed-End Funds Ticker Symbol Distribution per share/unit Record Date Payable Date Distribution Frequency Canadian Investment Grade Preferred Share Fund – Class T RIGP.UN $ 0.1146 11/30/2022 12/14/2022 Monthly Big Banc Split Corp – Class A BNK $ 0.0662 1 11/30/2022 12/14/2022 Monthly Big Banc Split Corp – Preferred Shares BNK.PR.A $ 0.0500 1 11/30/2022 12/14/2022 Monthly Estimated November 2022 Distributions for Purpose Cash Management Fund The November 2022 distribution rate for Purpose Cash Management Fund is estimated to be as follows: Story continues Fund Name Ticker Symbol Estimated Distribution per unit Record Date Payable Date Distribution Frequency Purpose Cash Management Fund - ETF Units MNY $ 0.3301 11/29/2022 12/07/2022 Monthly Purpose expects to issue a press release on or about November 28, 2022, which will provide the final distribution rate for Purpose Cash Management Fund. The ex-distribution date will be November 29, 2022. (1) Dividend is designated as an “eligible” Canadian dividend for purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation. (2) Purpose US Preferred Share Fund Non-Currency Hedged – ETF Units have both a CAD and USD purchase option. Distribution per unit is declared in CAD, however, the USD purchase option (RPU.U) distribution will be made in the USD equivalent. Conversion into USD will use the end-of-day foreign exchange rate prevailing on the ex-distribution date. About Purpose Investments Inc. Purpose Investments is an asset management company with over $14 billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation and offers a range of managed and quantitative investment products. Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Unlimited, an independent technology-driven financial services company. For further information, please contact: Keera Hart [email protected] 905-580-1257 Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Investment funds are not covered by the Canada Deposit Insurance Corporation or any other government deposit insurer. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.', 'TORONTO, Nov. 17, 2022 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (“Purpose”) is pleased to announce distributions for the month of November 2022 for its open-end exchange traded funds and closed-end funds (“the Funds”).\nThe ex-distribution date for all ETFs is November 25, 2022, with the exception of Purpose Bitcoin Yield ETF and Purpose Ether Yield ETF, which will have an ex-distribution date of November 28, 2022, as well as Purpose High Interest Savings ETF and Purpose US Cash Fund, which have an ex-distribution date of November 29, 2022. The ex-distribution date for all closed-end funds is November 29, 2022.\n[["Purpose Core Dividend Fund - ETF Series", "PDF", "$", "0.10501", "11/28/2022", "12/07/2022", "Monthly"], ["Purpose Enhanced Dividend Fund \\u2013 ETF Series", "PDIV", "$", "0.05221", "11/28/2022", "12/07/2022", "Monthly"], ["Purpose Total Return Bond Fund - ETF Series", "PBD", "$", "0.05201", "11/28/2022", "12/07/2022", "Monthly"], ["Purpose Real Estate Income Fund \\u2013 ETF Series", "PHR", "$", "0.07201", "11/28/2022", "12/07/2022", "Monthly"], ["Purpose Monthly Income Fund - ETF Series", "PIN", "$", "0.08301", "11/28/2022", "12/07/2022", "Monthly"], ["Purpose Premium Yield Fund \\u2013 ETF Series", "PYF", "$", "0.08301", "11/28/2022", "12/07/2022", "Monthly"], {"Open-End Funds": "Purpose Premium Yield Fund Non-Currency Hedged USD \\u2013 ETF Series", "TickerSymbol": "PYF.U", "Distributionpershare/unit": "US $ 0.08851", "RecordDate": "11/28/2022", "PayableDate": "12/07/2022", "DistributionFrequency": "Monthly"}, ["Purpose Premium Yield Fund Non-Currency Hedged \\u2013 ETF Series", "PYF.B", "$", "0.08851", "11/28/2022", "12/07/2022", "Monthly"], ["Purpose Canadian Financial Income Fund \\u2013 ETF Series", "BNC", "$", "0.10251", "11/28/2022", "12/07/2022", "Monthly"], ["Purpose Conservative Income Fund \\u2013 ETF Series", "PRP", "$", "0.05401", "11/28/2022", "12/07/2022", "Monthly"], ["Purpose Enhanced Premium Yield Fund \\u2013 ETF Series", "PAYF", "$", "0.11811", "11/28/2022", "12/07/2022", "Monthly"], ["Purpose International Dividend Fund \\u2013 ETF Units", "PID", "$", "0.0780", "11/28/2022", "12/07/2022", "Monthly"], ["Purpose US Dividend Fund \\u2013 ETF Units", "PUD", "$", "0.0650", "11/28/2022", "12/07/2022", "Monthly"], ["Purpose US Dividend Fund Non-Currency Hedged \\u2013 ETF Units", "PUD.B", "$", "0.0760", "11/28/2022", "12/07/2022", "Monthly"], ["Purpose Global Bond Fund \\u2013 ETF Units", "BND", "$", "0.0585", "11/28/2022", "12/07/2022", "Monthly"], ["Purpose High Interest Savings ETF", "PSA", "$", "0.1787", "11/29/2022", "12/07/2022", "Monthly"], {"Open-End Funds": "Purpose US Cash Fund \\u2013 ETF Units", "TickerSymbol": "PSU.U", "Distributionpershare/unit": "US$ 0.3428", "RecordDate": "11/29/2022", "PayableDate": "12/07/2022", "DistributionFrequency": "Monthly"}, ["Purpose Strategic Yield Fund \\u2013 ETF Units", "SYLD", "$", "0.09 **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-11-18 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $322,009,543,875 - Hash Rate: 254016775.34672245 - Transaction Count: 282091.0 - Unique Addresses: 697975.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.23 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- Indonesian lawmakers gave the official nod to the 2023 state budget that seeks to shrink the deficit to less than 3% of gross domestic product despite rising threat of inflation. Most Read from Bloomberg MacKenzie Scott Files for Divorce From Science Teacher Husband Meta to Cut Headcount for First Time, Slash Budgets Across Teams Trump Refuses to Delay Florida Deposition in Phone-Fraud Case Despite Hurricane Stocks Plummet to 22-Month Low as Fed Hawks Circle: Markets Wrap Top Apple Executive Is Leaving After Making Crude Remarks in TikTok Video Parliament passed the budget into law in a plenary meeting on Thursday, endorsing a record spending of 3.06 quadrillion rupiah ($200 billion) next year to sustain growth set at 5.3%. Budget shortfall is set to narrow to 2.84% of GDP, lower than a projected 3.9% this year. Financing the budget would be a challenge on the prospect of higher cost of debt due to surging inflation and global policy tightening, Finance Minister Sri Mulyani Indrawati said in a speech to the parliament. “With the current world situation where interest rates increase and exchange rates depreciate, the steps to reduce the deficit to a low level should provide security for our state budget and the economy,” she said. Intensifying price pressures prompted Bank Indonesia to deliver a surprise rate hike in August, and a bigger-than-expected rate increase this month, taking the benchmark borrowing costs to 4.25%. Most Read from Bloomberg Businessweek The Unstoppable Dollar Is Wreaking Havoc Everywhere But America Jay Powell Needs Investors to Lose Money Twitter Is in This Mess Because Jack Dorsey Was Too Busy Being a Bitcoin Influencer Google’s Low-Tech Plan to Solve the Opioid Crisis As Home Prices Surge, Americans Are Moving to Cheaper Places ©2022 Bloomberg L.P.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['TORONTO, Nov. 18, 2022 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (“Purpose”) today announced the estimated annual distributions of income and capital gains for its open-end exchange-traded funds and closed-end funds (the “Funds”) for the 2022 tax year. The estimated distributions represent estimated income and capital gains realized by the Funds during the year.\nPlease note that these are estimated amounts only as of November 18, 2022. However, circumstances may arise which would cause these estimates to change before the Funds’ tax year-end on December 15, 2022, or December 31, 2022, as applicable.\nEstimated Annual Capital Gain Distributions\nDetails of the per unit estimated distribution amounts are as follows:\n[{"Big Banc Split Corp.": "Big Banc Split Corp \\u2013 Class A Shares", "TickerSymbol": "BNK", "Exchange": "TSX", "Estimated AnnualCapital GainsDistribution Per Unit": "$ 1.5100"}]\nThe estimated annual capital gain distribution for Big Banc Split Corp. – Class A Shares, if any, will be paid in cash. Purpose expects to announce the final 2022 annual capital gain distributions for Big Banc Split Corp. on or about January 20, 2023, if necessary.\nEstimated Annual Distributions of Income\n[{"Purpose Mutual Fund Trusts": "Purpose Crypto Opportunities ETF \\u2013 ETF Units", "TickerSymbol": "CRYP", "Exchange": "TSX", "Estimated AnnualIncome DistributionPer Unit": "$0.1100"}, {"Purpose Mutual Fund Trusts": "Purpose Crypto Opportunities ETF \\u2013 ETF Non-Currency Hedged Units", "TickerSymbol": "CRYP.B", "Exchange": "TSX", "Estimated AnnualIncome DistributionPer Unit": "$0.1100"}, {"Purpose Mutual Fund Trusts": "Purpose Crypto Opportunities ETF \\u2013 ETF Non-Currency Hedged USD Units", "TickerSymbol": "CRYP.U", "Exchange": "TSX", "Estimated AnnualIncome DistributionPer Unit": "$0.1100"}]\nThe estimated annual income distributions for Purpose Crypto Opportunities ETF, if any, will be paid in cash.\nPurpose expects to announce the final year-end distribution amounts for Purpose Mutual Fund Trusts, with December 15, 2022, tax year-end, on or about December 21, 2022. The respective unitholders of record on December 30, 2022, will receive the 2022 annual distributions on January 5, 2023. The ex-dividend date for the 2022 annual distributions for these ETFs (Purpose Mutual Fund Trusts) will be December 29, 2022. The final year-end capital gain distributions for these funds will be paid in cash.\nPurpose expects to announce the final year-end distributions for Purpose High Interest Savings ETF – ETF Units, Purpose US Cash Fund – ETF Units, and Purpose Cash Management Fund – ETF Units on or about December 30, 2022, if necessary.\nPurpose expects to announce the final annual capital gain distributions for Purpose Fund Corp. and Big Banc Split Corp. on or about January 20, 2023, if necessary.\nPurpose confirms that as of November 18, 2022, the following Funds are not expected to have annual capital gains distributions for the 2022 tax year:\nOpen-End FundsPurpose Fund Corp. Funds:\n• Purpose Total Return Bond Fund\n• Purpose Core Dividend Fund\n• Purpose Tactical Hedged Equity Fund\n• Purpose Tactical Hedged Equity Fund – Non-Currency Hedged\n• Purpose Premium Money Market Fund\n• Purpose Real Estate Income Fund\n• Purpose Best Ideas Fund\n• Purpose Best Ideas Fund – Non-Currency Hedged\n• Purpose Monthly Income Fund\n• Purpose Premium Yield Fund\n• Purpose Premium Yield Fund – Non-Currency Hedged\n• Purpose Conservative Income Fund\n• Purpose Diversified Real Asset Fund\n• Purpose International Tactical Hedged Equity Fund\n• Purpose Enhanced Dividend Fund\n• Purpose Canadian Financial Income Fund\n• Purpose Canadian Income Growth Fund\n• Purpose Canadian Equity Growth Fund\n• Purpose Behavioural Opportunities Fund\n• Purpose Core Equity Income Fund\n• Purpose Tactical Asset Allocation Fund\n• Purpose Structured Equity Yield Plus Fund\nPurpose Mutual Funds Limited Funds:\n• Purpose Global Innovators Fund\n• Purpose Global Bond Class\n• Purpose Enhanced Premium Yield Fund\n• Purpose Global Resource Fund\n• Purpose Special Opportunities Fund\n• Purpose Structured Equity Portfolio\n• Purpose Structured Equity Growth Fund\nPurpose Mutual Fund Trusts:\n• Purpose Bitcoin ETF\n• Purpose Bitcoin Yield ETF\n• Purpose Ether ETF\n• Purpose Ether Yield ETF\n• Purpose High Interest Savings ETF\n• Purpose US Cash Fund\n• Purpose Cash Management Fund\n• Purpose Money Market Fund\n• Purpose Global Bond Fund\n• Purpose US Dividend Fund\n• Purpose US Dividend Fund – Non-Currency Hedged\n• Purpose International Dividend Fund\n• Purpose Emerging Markets Dividend Fund\n• Purpose Multi-Strategy Market Neutral Fund\n• Purpose Global Climate Opportunities Fund\n• Purpose Gold Bullion Fund\n• Purpose Silver Bullion Fund\n• Purpose Global Flexible Credit Fund\n• Purpose Credit Opportunities Fund\n• Purpose Canadian Preferred Share Fund\n• Purpose US Preferred Share Fund\n• Purpose US Preferred Share Fund- Non-Currency Hedged\n• Purpose Strategic Yield Fund\n• Purpose Multi-Asset Income Fund\n• Purpose Marijuana Opportunities Fund\n• Black Diamond Global Enhanced Income Fund\n• Black Diamond Distressed Opportunities Fund\n• Black Diamond Global Equity Fund\n• Black Diamond Impact Core Equity Fund\n• Purpose Healthcare Innovation Yield Fund\n• Longevity Pension Fund\nClosed-End Funds:\n• Canadian Investment Grade Preferred Share Fund\nOM Funds:\n• Purpose Specialty Lending Trust\nPlease note that these are estimated amounts only as of November 18, 2022. However, circumstances may arise which would cause these estimates to change before the Funds’ tax year-end on December 15, 2022, or December 31, 2022, as applicable.\nAbout Purpose Investments\nPurpose Investments is an asset management company with over $14 billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation and offers a range of managed and quantitative investment products. Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Unlimited, an independent technology-driven financial services company.\nFor further information, please contact:Keera [email protected]\nCommissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Investment funds are not covered by the Canada Deposit Insurance Corporation or any other government deposit insurer. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.', 'Purpose Investments Inc. TORONTO, Nov. 18, 2022 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (“Purpose”) today announced the estimated annual distributions of income and capital gains for its open-end exchange-traded funds and closed-end funds (the “Funds”) for the 2022 tax year. The estimated distributions represent estimated income and capital gains realized by the Funds during the year. Please note that these are estimated amounts only as of November 18, 2022. However, circumstances may arise which would cause these estimates to change before the Funds’ tax year-end on December 15, 2022, or December 31, 2022, as applicable. Estimated Annual Capital Gain Distributions Details of the per unit estimated distribution amounts are as follows: Big Banc Split Corp. Ticker Symbol Exchange Estimated Annual Capital Gains Distribution Per Unit Big Banc Split Corp – Class A Shares BNK TSX $ 1.5100 The estimated annual capital gain distribution for Big Banc Split Corp. – Class A Shares, if any, will be paid in cash. Purpose expects to announce the final 2022 annual capital gain distributions for Big Banc Split Corp. on or about January 20, 2023, if necessary. Estimated Annual Distributions of Income Purpose Mutual Fund Trusts Ticker Symbol Exchange Estimated Annual Income Distribution Per Unit Purpose Crypto Opportunities ETF – ETF Units CRYP TSX $0.1100 Purpose Crypto Opportunities ETF – ETF Non-Currency Hedged Units CRYP.B TSX $0.1100 Purpose Crypto Opportunities ETF – ETF Non-Currency Hedged USD Units CRYP.U TSX $0.1100 The estimated annual income distributions for Purpose Crypto Opportunities ETF, if any, will be paid in cash. Purpose expects to announce the final year-end distribution amounts for Purpose Mutual Fund Trusts, with December 15, 2022, tax year-end, on or about December 21, 2022. The respective unitholders of record on December 30, 2022, will receive the 2022 annual distributions on January 5, 2023. The ex-dividend date for the 2022 annual distributions for these ETFs (Purpose Mutual Fund Trusts) will be December 29, 2022. The final year-end capital gain distributions for these funds will be paid in cash. Story continues Purpose expects to announce the final year-end distributions for Purpose High Interest Savings ETF – ETF Units, Purpose US Cash Fund – ETF Units, and Purpose Cash Management Fund – ETF Units on or about December 30, 2022, if necessary. Purpose expects to announce the final annual capital gain distributions for Purpose Fund Corp. and Big Banc Split Corp. on or about January 20, 2023, if necessary. Purpose confirms that as of November 18, 2022, the following Funds are not expected to have annual capital gains distributions for the 2022 tax year: Open-End Funds Purpose Fund Corp. Funds: Purpose Total Return Bond Fund Purpose Core Dividend Fund Purpose Tactical Hedged Equity Fund Purpose Tactical Hedged Equity Fund – Non-Currency Hedged Purpose Premium Money Market Fund Purpose Real Estate Income Fund Purpose Best Ideas Fund Purpose Best Ideas Fund – Non-Currency Hedged Purpose Monthly Income Fund Purpose Premium Yield Fund Purpose Premium **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-11-19 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $319,294,299,000 - Hash Rate: 268636445.8702748 - Transaction Count: 260694.0 - Unique Addresses: 647807.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.23 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Crypto people have seen things. They've seen massive hacks and mind-boggling swindles and stunning success stories. But never have they seen a day like Tuesday, when the world's biggest crypto exchangecarried outthe corporate equivalent of murder on its closest competitor. If you're not steeped in crypto and are wondering what everyone else is talking about, here's a basic guide to the insanity surrounding Binance and FTX—and why it matters. Binance is a giant offshore crypto exchange run by a wily Chinese-Canadian billionaireknown as CZ. Binance has been on top for a while, but, in recent years, an upstart competitor called FTX began to nip at its heels. FTX was founded by a young American with wild hairknown as SBF(initials are a thing in crypto). Last weekend, CZ began complaining about SBF's lobbying tactics and then used Binance's might in the market to destroy his competitor. The two of them used to be pals, you see, and this included CZ investing in SBF's new cryptocurrency exchange. In time, CZ decided he didn't want to own it anymore, and, when he sold his stake in FTX, he took payment in a crypto token called FTT. Those tokens are used by customers on the FTX exchange to obtain trading discounts, but, unlike Bitcoin, are not especially liquid. In hindsight, this was a foolish arrangement by SBF because it resulted in CZ owning a huge amount of FTT tokens, thus giving him power over FTX. It's as if Pepsi gaveCoca-Colaa big chunk of shares that Coke could sell off any time it wanted. And that's what happened:CZ got mad at SBF and flooded the market with loads of FTT tokens. This was devastating because SBF also owns a trading fund that has a whole lot of FTT tokens on its balance sheet. When the price of FTT tokens began to crater, SBF tried to defend its value by selling other assets in order to buy up the FTT tokens flooding the market—but it didn't work, and, as the value of FTT tanked, SBF discovered his liabilities began to exceed his assets. By Tuesday, his companies were facing insolvency, and he had to turn to his rival to take them off his hands. It's likely CZ did this in part because he wanted to squash a rising competitor. But part of it was personal. In recent months, regulators have been getting aggressive toward the crypto industry, and both Binance and FTX have been scrambling to stay on their good side. Amid all this, CZ came to believe SBF was whispering poisonin the ears of U.S. regulators—possibly suggesting to them that CZ was tied to China—and so CZ opted for revenge. "We gave support before, but we won't pretend to make love after divorce. We are not against anyone. But we won't support people who lobby against other industry players behind their backs," CZ wrote in a fateful tweet on Sunday. Two days later, he had destroyed his rival's company. No. At least not yet. All CZ has said is that Binance signed a "letter of intent" to acquire FTX, which means it could happen, but there's no guarantee. In the meantime, CZ and SBF have indicated Binance will look after FTX's customers and make sure their funds aren't wiped out. Well, you could say it's CZ's fault because he didn't have use to his power over FTX to destroy it. But people are also pointing fingers at SBF for not being transparent about the full overlap between FTX and his trading company, which owned piles of FTT. If he had been transparent, people would have likely raised the alarm about this vulnerability earlier on, and maybe FTX could have prevented this mess. Others have also made a more serious allegation: That SBF may have used customer funds to plug holes in the balance sheets of one or both of his companies. That's what happened in the case of several other crypto companies that imploded this spring, and it's a very bad thing. But to be clear, these are just allegations, and there's no proof SBF did this. Yes, crypto has a well-deserved reputation for shenanigans and executives who play fast and loose. But this episode stands out since FTX is the second-biggest company in crypto, and because SBF was widely seen asthe golden boyof the industry who would help it get on the right side of regulators. So much for that. Well in the short term, it's not good news. Prices tumbled on rumors that FTX was in trouble but then rebounded briefly when Binance announced its rescue, only to crash again later on Tuesday. These events have battered the price of FTT and a token called Solana that is associated with SBF. When there is a big selloff in a major token, it typically has a knock-on effect on the rest of the market, and that appears to be happening. Bitcoin was down around 10%, and Ethereum was down 15%, which is bad but not horrific forthe two largest coins by market cap. This story was originally featured onFortune.com More from Fortune: The American middle class is at the end of an era Elon Musk is facing trial again over his $56 billion Tesla paycheck that’s ‘the largest in human history’ The winners of the $1.5 billion Powerball jackpot will probably take it in cash. That’s a huge mistake, experts say The US may be headed for a ‘tripledemic’—one doctor issues an urgent warning... - 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:** ['As the sun beat down on the Baha Mar resort in the Bahamas, Sam Bankman-Fried was living his very best life.\nOn stage and before an invited audience,Sam was in his usual work attire of trainers, shorts and a T-shirt, but Tony Blair tried to put the founder at ease. “I’m feeling a little overdressed here,” Blair assured him. Between them, the former US president Bill Clinton chuckled.\nIt was late April, and the world had come to see the unkempt, mop-haired 29-year-old who had become the breakout business star of the year, his face adorning billboards across the United States.\nThis was the first Crypto Bahamas event, hosted by Bankman-Fried’s company FTX, where delegates could enjoy sunrise yoga, and end the day partying on the Jasmine Lawn. Later in the week, former One Direction star Liam Payne was originally booked to discuss whether we could “elevate consciousness” using psychedelics with a billionaire called Christian Angermayer, though Payne later pulled out. The German says on his website he is proud to be “one of the driving forces behind the psychedelics renaissance,” which advocates the use of such drugs as treatments for mental health conditions.\nFTX acted as a gateway between the world of traditional finance – your credit card or bank account – and the mysterious and booming world of crypto money, where fortunes could apparently be made. It was one of very few roads down which money could travel in both directions, a portal between the two worlds. If you wanted to dabble in crypto, then FTX offered a friendly, easy way to do so.\nIts sister company, Alameda Trading, offered to make money for you, acting as a kind of hedge fund. Investing is a risky business that has acquired regulations, but these didn’t trouble theBahamas-based FTX crypto operation. FTX promised to remove the complexity from trading crypto, and elite opinion assured us that Bankman-Fried was one of the good guys.\nYet as he made the half-hour journey back to his luxury private apartment complex at the very exclusive Albany private community, the CEO must have been troubled. For a sequence of events was about to unravel which today makes Bankman-Fried the most notorious name in finance since Bernie Madoff.\nIt was at Albany, in a five-room apartment with the best views of the island’s south bay, that the core team of FTX ate, played and slept – sometimes together.\nBankman-Fried paid $30 million for the 12,000 square foot apartment. Inside, reportedly, was a “polycule”, with the members engaged in various informal non-exclusive relationships. Caroline Ellison, the CEO of FTX’s partner business Alameda Trading, lived there too. An owl-faced ingénue who looked half her age and professed a love of Harry Potter,\nEllison was sometimes Bankman-Fried’s girlfriend, but sometimes not. The team’s refuelling habits included stimulants and sedatives. “Nothing like regular amphetamine use to make you appreciate how dumb a lot of normal, non-medicated human experience is,” Ellison posted on Twitter, a couple of weeks before Blair and Clinton flew in.\nWhat troubled the young crypto superstar was this: FTX’s wealth, and its $32 billion valuation by investors, owed much to a bear market that had seen many crypto finance operations rise in value. But now interest rates were rising, the wild west of crypto didn’t seem quite so attractive any more. Investors wanted out, taking their money to safer havens.\nTwo weeks after Crypto Bahamas, a project called Luna crashed, triggering a minor cascade of failures, and a crisis of confidence. Some of the biggest boosters of crypto finance, such as Marc Andreessen, of the VC firm Andreessen Horowitz, which backed FTX rival Coinbase, disappeared from social media for weeks as they digested the fallout.\nBy May, pundits declared a “crypto winter” – a long bear market with shocks for punters.\nBack at his Albany penthouse, Bankman-Fried hunkered down. Not only did he have the star power and cash to attract statesmen like Clinton and Blair, but he was lionised by America’s intellectual elites as a very new and different kind of chief executive. A devout vegan who slept on a beanbag at work, he created a new foundation and filled it with $180 million to dispense.\nHe also espoused a trendy new fad of “Effective Altruism”, which its earnest, nerdy devotees explain is devoted to maximising doing good. He pledged millions to fight climate change and declared he would prevent the next pandemic. Bankman-Fried was most certainly “one of us”, the liberal-Left intelligentsia assured itself: in 2022, Bankman-Fried became the second largest donor to the Democrat Party and Biden, and promised to pledge a cool $1 billion to influence the 2024 Presidential election, enough to fund the entire campaign single-handedly.\nPoliticians not only loved his money, but they also liked his promise to regulate the sector, although of course, on terms that Bankman-Fried set.\nOver the next few months, friends noticed the shambling founder was different. He began to put on weight, and look even more distracted. Bankman-Fried had burnished his hero credentials by taking on the companies that had burned out in the crypto crash of May. He’d “saved crypto” and restored confidence in the market. But that meant more trouble, on top of a bull market that was turning into a bear market.\nIn an interview with NBC’s Meet the Press, after eight minutes, he began to vibrate and rocked violently. Photos from around this time suggest Bankman-Fried may have been experimenting with a powerful drug called Emsam, an anti-depressant originally used to treat Parkinson’s disease. With celebrity endorsements, and the political world at his fingertips,Bankman-Fried was at the peak of his fame. But on a farm in Northern California, one man wasn’t buying the story.\nDescribed by The New York Times as the most storied short-seller on Wall Street, Marc Cohodes is one of the most outspoken and controversial characters in finance. Short-sellers perform an essential function as the bad news bears who counter overhyped and overvalued equities.\nSince 2009, the working class Chicagoan had retired to a farm to tend his chickens, save for the occasional lecture on the Ivy League business school circuit.\nNow 61, he was established and wealthy enough not to care who he picked fights with. Something didn’t seem right about FTX to Cohodes, and the clues were everywhere he looked.\nThe inexperienced crew behind FTX and its sister company Alameda Trading had almost no experience of trading, he noted, let alone running an exchange. As their regulatory officer, FTX had appointed a lawyer called Dan Friedberg who had been implicated in online poker scandals between 2003 and 2007.\nIt came to light that company insiders at Ultimate Bet, where he was a senior lawyer, had used “god mode” software to peek at the hands of other players during online games of high-stakes Texas hold’em poker. Friedberg did not comment on the matter last week.\nA mysterious friend and school friend of Bankman-Fried, Gary Wang, listed as co-founder of FTX, was particularly elusive, Cohodes discovered. No picture or background information existed on Wang, save for one photo over at the site of FTX investor Sequoia Capital.\nAfter Sequoia invested in FTX, the crypto company reciprocated, and there, Wang was described as a “partner”. With Wang’s back to the camera, the mysterious billionaire’s face is not visible.\nBut so far as Cohodes was concerned, the biggest red flag was Bankman-Fried himself. While he looked like a neurotypical tech savant, with careless, slovenly dress and a distracted manner, he seemed an unlikely CEO.\n“When anyone tries to pin Bankman-Fried down on where he made his money, you can’t get a cogent answer. You just get fish-eyed looks,” Cohodes told a podcast in August. “Nothing here fits. Everything reads like it’s a complete scam.” The spectacular fall of FTX has vindicated the former short-seller.\nToday, it is clearer what FTX was doing, and in its simplest terms was an age-old con trick. FTX created some funny money. It generated a digital asset called the FTX Token which it could then control, on command.\n“This token, FTT, wasn’t backed by anything,” explains Eddie Donmez, global markets analyst at Finimize. “Printing unlimited amounts of money was fine as long as the FTT was stable.”\nDonmez notes that FTX could buy its tokens before releasing them on the exchange, a practice known as “front running”.\n“Bankman-Fried could mint his own token and borrow against it: in other words, borrow real money against fake money,” one experienced crypto trader explains.\nThe unravelling came about because of a rivalry between two of the crypto exchanges, the on-ramps that crypto speculators must pass over to convert digital money to real or fiat money.\nChinese entrepreneur Changpeng Zhao, better known as “CZ”, had established Binance to do just this in 2017. From a nominal base in the Cayman Islands, Binance quickly grew, and, like FTX, operated many dozens of subsidiaries or shell firms.\nZhao took a 20pc stake in FTX, then a fresh start-up, in 2019. Binance has been pursued by regulators including in the UK, and Zhou doesn’t set foot in the United States.\nPerhaps he calculated that FTX would offer a legal way into the US market. But two years later the pair had fallen out, and Bankman-Fried bought out Zhou’s stake in his firm for $2 billion. However, much of that payment was in the FTT token.\nThen at the start of this month, Zhao decided to cash in his chips. A leaked report published at crypto news site CoinDesk in November indicated that much of Alameda Trading’s holdings were not other digital assets, as everyone assumed, but consisted of FTX’s own token.\nZhao announced an intent to sell his own FTT holding, and the FTX house rapidly came tumbling down. For a firm valued by VCs at $32 billion, it was clear that FTX was having trouble raising $580 million of cash to pay Zhao. F **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-11-20 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $320,536,553,350 - Hash Rate: 272375605.3694332 - Transaction Count: 229923.0 - Unique Addresses: 595776.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.24 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: DALLAS, Oct. 11, 2022 (GLOBE NEWSWIRE) --Applied Blockchain, Inc.(Nasdaq: APLD)("Applied Blockchain" or the "Company"), a designer, builder and operator of next-generation datacenters that provide power to blockchain infrastructure and support High-Performance Computing (HPC) applications, today reported financial results for the fiscal first quarter ended August 31. 2022. The Company also provided an operational update and outlook. Recent Operational and Financial Highlights • Fiscal first quarter 2023 revenue of $6.9 million, at the high-end of guidance of $6.5 million to $6.9 million • Fiscal first quarter 2023 adjusted EBITDA of $(1.9) million, compared to adjusted EBITDA guidance of ($1.8) million) to ($2.2) million • Announced planned corporate name change to “Applied Digital Corporation”, reflecting the Company’s broad services and offerings for HPC applications. The name change is to be voted on by shareholders at its upcoming Annual General Meeting on November 10, 2022 • Broke ground on third co-hosting facility on September 8, 2022, located in Ellendale, North Dakota with planned hosting capacity of 180MW; capacity is already fully contracted • Continued buildout of second co-hosting facility, located in Garden City, Texas with 200MW of planned hosting capacity, with 15 of 16 buildings constructed • Marathon Digital Holdings, Inc. exercised option for additional capacity at Applied Blockchain’s hosting facilities, bringing its total contracted capacity to 276MW • Accelerated discussions with prospective non-cryptocurrency customers for HPC applications that could be hosted at the Company’s co-hosting facilities. The company expects to have a pilot program with a customer operating as early as this month for a machine learning (ML) application Management Commentary“Our fiscal 2023 year began with a solid start as revenue and adjusted EBITDA compared favorably to our guidance and we continued to operate and progress our three datacenter sites with a keen focus on building to nearly 500MW of hosting capacity by early calendar 2023, all of which is already contracted,” said Applied Blockchain Chairman and CEO Wes Cummins. “We believe that, once operational, this should translate to $100 million of annualized adjusted EBITDA, an impressive accomplishment for a company of our current size. Construction of our next two datacenters at Garden City, Texas and Ellendale, North Dakota are progressing as expected, and while we have encountered some regulatory delays in Texas, our expectation to be at near 500MW of capacity by early 2023 is unchanged. “While our current customers are focused on mining Bitcoin, we see significant potential with future new customers that can use our co-hosting facilities for other HPC applications. We can offer these customers ultra-low cost, high efficiency digital infrastructure. We believe this will provide them with significant cost savings compared to their current offerings and we have been encouraged with the acceleration in conversations with these types of customers and expect to have a pilot running with a customer as early as this month for a GPU based machine learning application. If successful we would expect to scale this project early next year. We continue to see strong demand from cryptocurrency customers, but we believe diversifying our customer base and revenue stream will be of long-term benefit to our shareholders. “Lastly, we are also continuing to progress additional non-dilutive financing options to fund the buildout of our datacenters, with a preference on commercial debt from regional lenders in areas we currently operate. We expect funds from these banks along with over $40 million of cash at the end of August, near-term benefits from our customer prepayments and deposits, which amounted to nearly $20 million in the first fiscal quarter, and an inflection to positive adjusted EBITDA to be sufficient to fund our near-term capital needs.” Jamestown, North Dakota Facility Update (100MW)Applied Blockchain’s first facility is in Jamestown, North Dakota with capacity of 100MW. The entire 100MW of capacity has been fully contracted on multi-year contracts, providing revenue visibility for the Company. Additionally, the facility is powered through a five-year Energy Services Agreement (ESA) with a local utility, providing visibility into the cost structure as a stable pricing mechanism for energy costs has been negotiated. As previously reported on July 18, 2022, there was an unexpected equipment failure at the substation powering the facility, resulting in a partial outage of approximately 50%. The power provider completed the required repairs in mid-August, fully restoring power capacity to Jamestown. The Jamestown facility was not damaged and, since the repairs, it has been performing as expected. Garden City, Texas Facility Update (200MW)Applied Blockchain’s second facility is in Garden City, Texas, planned for capacity of 200MW and will be co-located with a wind farm. Construction began in late April 2022 and 15 of 16 buildings are now standing. While construction of the facility has progressed as expected, the primary risk to timing of energization of this facility is regulatory approval. Ellendale, North Dakota Facility Update (180MW)Applied Blockchain’s third co-hosting facility is in Ellendale, North Dakota with planned capacity of 180MW. The site is close to significant wind power capacity and is at a different location than its current Jamestown facility. The Company entered into a five-year ESA with a utility partner and broke ground on the site on September 8, 2022. Marathon Digital Holdings, Inc. exercised its option for additional capacity at Applied Blockchain’s hosting facilities, bringing its total contracted capacity to 276MW and fully contracting out the planned capacity at the Ellendale facility. Energization of the Ellendale facility is expected in the first calendar quarter of 2023. Financial Results for Fiscal First Quarter 2023 Ended August 31, 2022Note: Applied Blockchain did not have operations in the prior year comparable period and thus no comparative analysis is included. Any reference to share count or per share metrics reflects the one-for-six reverse stock split that was effected April 12, 2022. Revenues in the fiscal first quarter 2023 were $6.9 million, at the high-end of guidance of $6.5 million to $6.9 million. Hosting revenues were generated entirely from the Company’s first hosting facility in Jamestown, North Dakota. Note that the Jamestown facility operated only at about 50% capacity during a meaningful portion of the quarter due to an unexpected equipment failure at the substation powering the facility. Repairs were made in August and the facility has been operating as expected since the event. Cost of revenues in the fiscal first quarter 2023 were $6.1 million, consisting of $4.9 million of energy costs, $836,000 of depreciation and amortization expense, and $360,000 of personnel expenses for employees directly working at our Jamestown hosting facility. Operating expenses for the fiscal first quarter 2023 were $5.0 million, which included $4.1 million in selling, general and administrative costs, $579,000 in stock-based compensation and $298,000 in depreciation and amortization expenses. Adjusted net loss from continuing operations for the fiscal first quarter 2023 was $3.4 million, or ($0.04) per basic and diluted share, based on a weighted average basic and fully diluted share count during the quarter of 93.1 million. Net loss attributable to Applied Blockchain for the fiscal first quarter 2023 was $4.5 million, or ($0.05) per basic and diluted share, based on a weighted average basic and fully diluted share count during the quarter of 93.1 million. Adjusted EBITDA, a non-GAAP measure, for the fiscal first quarter of 2023 was $(1.9) million, compared to guidance of ($1.8) million to ($2.2) million. Liquidity and CapitalizationApplied Blockchain ended the fiscal first quarter 2023 with cash and cash equivalents of $40.8 million and $14.7 million in debt outstanding. The Company’s outstanding share count at the end of the quarter was approximately 92.8 million, which reflects its one-for-six reverse stock split that was effected on April 12, 2022 and the previously announced cancellation of approximately 5.0 million shares in June from Xsquared Holding Limited (“Sparkpool”). Conference CallApplied Blockchain will host a conference call today, October 11, 2022 at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss these results. A question-and-answer session will follow management’s presentation. To participate, please dial the appropriate number at least ten minutes prior to the start time and ask for the Applied Blockchain conference call. U.S. dial-in number: 1-877-407-0792International number: 1-201-689-8263Conference ID: 13733281 The conference call will broadcast live and be available for replayhere. A replay of the call will be available after 8:00 p.m. Eastern time today through October 26, 2022. Toll-free replay number: 1-844-512-2921International replay number: 1-412-317-6671Conference ID: 13733281 About Applied BlockchainApplied Blockchain, Inc. (Nasdaq: APLD) designs, develops and operates next-generation datacenters across North America to provide low-cost digital infrastructure solutions to the rapidly growing high performance computing (HPC) industry. The Company has partnered with the most recognized names in the industry to develop, deploy, and scale its business. Find more information atwww.appliedblockchaininc.com. Follow us on Twitter at @APLDBlockchain. Forward-Looking StatementsThis release contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 regarding, among other things, future operating and financial performance, product development, market position, business strategy and objectives. These statements use words, and variations of words, suc... - Reddit Posts (Sample): [['u/Cardinalfan42', 'Billionaire Jack Dorsey to Investors: Trust No One in Crypto', 113, '2022-11-20 03:12', 'https://www.reddit.com/r/Buttcoin/comments/yzskei/billionaire_jack_dorsey_to_investors_trust_no_one/', 'According to Jack... "No one," he wrote on top of a tweet that said: "SBF can’t be trusted.\xa0Vitalik can’t be trusted. CZ can’t be trusted.\xa0No one can be trusted.\xa0That’s why we bitcoin.\xa0#bitcoin." \n\nTrust no one but..., smh. At this rate, the tragedy will keep on keeping on. He was right as far as the trust no one. He should have stopped at that.', 'https://www.reddit.com/r/Buttcoin/comments/yzskei/billionaire_jack_dorsey_to_investors_trust_no_one/', 'yzskei', [['u/anyprophet', 48, '2022-11-20 03:21', 'https://www.reddit.com/r/Buttcoin/comments/yzskei/billionaire_jack_dorsey_to_investors_trust_no_one/ix1tyyh/', "it's hard for the price to go up very much in a 0 trust situation because it means only using it as a currency to pay for goods and services. tricking people to put money into things like exchanges and defi is the only way to get tons and tons of money without actually producing anything of value.", 'yzskei'], ['u/hapaxgraphomenon', 30, '2022-11-20 04:19', 'https://www.reddit.com/r/Buttcoin/comments/yzskei/billionaire_jack_dorsey_to_investors_trust_no_one/ix20uch/', 'Yup - crypto speculators do not want a 1:1 stablecoin with fully audited reserves because it just defeats the point - ie get rich quick', 'yzskei'], ['u/JesusWasACryptobro', 24, '2022-11-20 05:27', 'https://www.reddit.com/r/Buttcoin/comments/yzskei/billionaire_jack_dorsey_to_investors_trust_no_one/ix28gc2/', '> That’s why we bitcoin. #bitcoin\n\n\nheaddesk.gif', 'yzskei'], ['u/zenithfury', 32, '2022-11-20 06:24', 'https://www.reddit.com/r/Buttcoin/comments/yzskei/billionaire_jack_dorsey_to_investors_trust_no_one/ix2e4wq/', "No, he is completely right. Because don't trust him about bitcoin either.", 'yzskei']]], ['u/MakerOfMillionaires', "[Draw #84] The meal's done, time to roll some dice and see who won...!", 277, '2022-11-20 03:16', 'https://www.reddit.com/r/millionairemakers/comments/yzsn3x/draw_84_the_meals_done_time_to_roll_some_dice_and/', "#**Do people play board games in Thanksgiving?**\n\n***\n\n**TL;DR - This post is for the sole purpose of choosing a winner. If you commented in this [[Entry Thread]](https://www.reddit.com/r/millionairemakers/comments/yyx6sq/entry_thread_84_stuffs_happened_and_its_been/), you are entered in the drawing and don't need to do anything else. By 16:00 UTC, the winner will be selected. The Bitcoin (BTC) blockchain will be used to pick this winner. This can be verified at any device running Python 3.5, and you do not need to own Bitcoin in order to participate.**\n\n**Additionally, all information to replicate the Drawing at home is available on Dropbox and GitHub, scroll down for more information.**\n\n**Importantly, this post WILL NOT BE EDITED in order to keep the integrity of the Drawing. To verify this, there will not be an asterisk during the time passed since its creation. The winner will be announced in a stickied comment.**\n\n***\n\n**DISCLAIMER:** *Some of the information may be unrevised, but procedures are the same as prior draws. Thank you.*\n\n***\n\n**Discussion:**\n\nThe **[Discussion]** Thread at /r/millionairemakersmeta is open. The thread also includes dates with RemindMe links for any upcoming **[Entry Thread]** posts of the season. All comments are welcome there for any inquiries.\n\n**[Discussion for Summer and Fall 2022]:** https://old.reddit.com/r/millionairemakersmeta/comments/w013qe/discussion_thread_for_rmillionairemakers/\n\n***\n\n**Explanation:**\n\nThe Bitcoin (BTC) blockchain will be used to choose a winner. Once the time listed has passed, there will be an active check to determine the blockchain's winning hash. Like before, this subreddit will wait for the **3^rd Block** after the time (being 16:00 UTC) to select the winner.\n\nIf a block is discovered by 15:59 UTC, it will not be counted towards the counter of three blocks. If it is discovered by 16:00:00 UTC, then it will decrease the counter. This can be checked by seeing the timestamp given to it by blockchain explorers.\n\nYou can see how this subreddit will verify the winner by checking the GitHub repository, which also includes a back-up plan in case of an emergency.\n\n***\n\n**Standard Protocol:**\n\n*This post will not be edited!* This is to prevent tampering of the hash or files by any of the moderators. To prove this, look for the lack of an asterisk near the time since creation.\n\nTo verify if a hash for a file is that of Draw #84, upload the file of choice to a SHA-256 generator, and match it with its respective hash output. The result you receive should be the same as what is listed here.\n\nIf you are interested in doing this for yourself, download Python 3.5 or better and follow the path to the folder labeled: *Draws/MM84*\n\n***\n\n**Status Reports:**\n\n/u/MakerOfMillionaires will be commenting on the progress of the drawing via the comments, so other users can keep track of the progress. These comments will be pinned at the top of the post and be distinguished. Most likely, after 1:00 PM ET, the pinned comment will be announcing the winner.\n\nIf you can run Python yourself and follow the instructions, you will be able to find the winner. Make sure the hash released from the blockchain and the total number of participants match with what is described below. In addition, thank you for your patience.\n\n***\n\n**Information Used For Draw #84:**\n\n GitHub Repository: https://github.com/lilfruini/CommentGathering-MillionaireMakers/tree/master/Draws/MM84\n\n SHA-256 of Comment IDs: 3f7bcc34bdd2cfcd642ba3b3b76bdf214c46f5e830c483441b524ea95b09a17f\n SHA-256 of DQed Age: acbf0493d773d67671bcfc91f8ff628e4e03422b75cf1c02592977e63a01f6e8\n SHA-256 of Multiple Posters: fb3b4bdca0587228cb749184f30cdc11fd3358f5de804e887832b6f4a1394eee\n SHA-256 of Truncated IDs: b545c8d3006149c6f897aec9db56739b5894f564cd295b2adcaf0483ce1a38f4\n\n Block Selection: The Third Bitcoin Block After 20 November 2022 - 16:00:00 UTC\n Total Participants: 5551", 'https://www.reddit.com/r/millionairemakers/comments/yzsn3x/draw_84_the_meals_done_time_to_roll_some_dice_and/', 'yzsn3x', [['u/the_timezone_bot', 32, '2022-11-20 03:16', 'https://www.reddit.com/r/millionairemakers/comments/yzsn3x/draw_84_the_meals_done_time_to_roll_some_dice_and/ix1tgzm/', "1:00 PM ET happens when this comment is 15 hours and 43 minutes old.\n\nYou can find the live countdown here: https://countle.com/dEUUaX1Nf\n\n---\n\nI'm a bot, if you want to send feedback, please comment below or send a PM.", 'yzsn3x'], ['u/Minomutchi', 11, '2022-11-20 03:27', 'https://www.reddit.com/r/millionairemakers/comments/yzsn3x/draw_84_the_meals_done_time_to_roll_some_dice_and/ix1up7p/', 'This is the good one fr this time.', 'yzsn3x'], ['u/gameryamen', 161, '2022-11-20 03:29', 'https://www.reddit.com/r/millionairemakers/comments/yzsn3x/draw_84_the_meals_done_time_to_roll_some_dice_and/ix1v0ga/', " The lots are cast, the dice are thrown.\n Hours, minutes, 'till it's known\n who will find out on their phone\n or scrolling quietly at home\n that the blockchain came up right\n to make their winter extra bright?\n If it's not me, that's quite alright,\n we're making someone's year tonight.", 'yzsn3x'], ['u/MakerOfMillionaires', 11, '2022-11-20 19:15', 'https://www.reddit.com/r/millionairemakers/comments/yzsn3x/draw_84_the_meals_done_time_to_roll_some_dice_and/ix4i075/', '**As of 18:15 UTC on November 20, the selectee for the 84^th winner is /u/DrageLid [with the following comment](https://www.reddit.com/r/millionairemakers/comments/yyx6sq/entry_thread_84_stuffs_happened_and_its_been/iwydp86).**\n\nA very frequent participant of the subreddit since December 2019, /u/DrageLid has been on the platform for five years, whether as an avid debater, a second-guesser at /r/Second, or a participant in the PC Gaming/Homebrewing space. While there are some comments and activity of interest, there is reason to believe the account is owned by an individual with appropriate history.\n\nWhile the user holds both age and a verified email trophy, **it is fully expected that the user responds to our PM or makes a comment on here within 48 hours from 18:15 UTC (1:15 PM ET)**. We also anticipate to make requests for user activity due to the minimal public activity. Otherwise, we will redraw using the next five blocks. Please check the replies to this chain.\n\nThank you all for your support!\n\n**Results:**\n\n Total Participants: 5551\n Winner: 3764\n Hash: 00000000000000000002b7761d7561e0fb36a2f24a3061c3e63a26a430f9148e\n\n Winner Comment ID: iwydp86\n Winning Comment URL: https://www.reddit.com/r/millionairemakers/comments/yyx6sq/entry_thread_84_stuffs_happened_and_its_been/iwydp86\n Winner: DrageLid', 'yzsn3x']]], ['u/bobcatjamaica', 'The market makers who shorted BCH based on FTX spot, perpetual and futures markets are F**KED.', 55, '2022-11-20 03:46', 'https://www.reddit.com/r/btc/comments/yzt6l7/the_market_makers_who_shorted_bch_based_on_ftx/', 'So basically FTX had 0 BCH.\n\nBut they did have BCH trading pairs, for spot, futures and perpetual funds.\n\nNow what they did was:\n\n1) FTX shorts BCH below other exchanges spot and futures prices. - **WE SAW FOR MONTHS FUTURES WERE TRADING MULTIPLE % BELOW SPOT**.\n\n2) Market makers **Deposit collateral onto FTX** to buy FTX\'s fake paper BCH at a cheap price and then short BCH at a higher price on other normal exchanges. This is **supposedly "FREE ARBITRAGE"**. All they have to do is hold until the contract expiration, and they profit the difference in price between FTX and other exchanges.\n\n3) FTX goes bankrupt. The market makers no longer have any long BCH positions because FTX never had any BCH, and instead the market makers only have short BCH positions on oth... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin and Ether both fell in Monday morning trading in Asia along with all of the top 10 non-stablecoin cryptocurrencies by market capitalization. With the exception of XRP, all the top 10 also lost ground over the last seven days as more details emerged about the failure of the FTX exchange. In addition, FTX appealed to other exchanges to help track the hacker who stole an estimated US$600 million from the Bahamas-based exchange and began moving the funds into other tokens.\nSee related article:FTX hacker becomes 35th largest Ethereum holder\n• Bitcoin fell 2.6% to US$16,278 in the 24 hours to 8 a.m. in Hong Kong, while Ether slumped 6.3% to US$1,141,according to CoinMarketCap.\n• By Tuesday, the address associated with the FTX hack held at least 228,523.83 Ether, making it the 35thlargest Ethereum holderin the world. On Sunday, the hackerbegan exchanging the Etherinto Ren Bitcoin (renBTC), a token representing Bitcoin on other blockchains, after moving some of theEther to a new wallet.\n• FTX called on other exchanges to assist in returning the funds viaTwitter on Monday morning, which it described as “certain funds transferred from FTX Global and related debtors without authorization.” The funds in question left the exchange on Nov. 12, or the day after it filed for Chapter 11 bankruptcy in the U.S.\n• Leading memecoin Dogecoin saw the heaviest losses in CoinMarketCap’s top 10 list, falling 8.7% to US$0.07, while Polygon was close behind, losing 8% to US$0.80.\n• U.S. equities ended the day higher on Friday. The Dow Jones Industrial Average gained 0.6%, the S&P 500 Index rose 0.5% while the Nasdaq Composite Index rose less than 0.1%.\n• TheBank of America (BoA) downgradedU.S.-based Coinbase Global Inc.’s rating from buy to neutral on Friday, as the company’s share price fell 7.2% in Friday trading. “We think Coinbase (COIN) likely faces a number of new headwinds over the near/medium-term due to the recent collapse of rival crypto exchange FTX,” BoA analyst Jason Kupferberg wrote. BoA added, however, it was confident Coinbase is “not another FTX.”\nSee related article:FTX files for bankruptcy, Sam Bankman-Fried steps down as CEO', 'Bitcoin and Ether both fell in Monday morning trading in Asia along with all of the top 10 non-stablecoin cryptocurrencies by market capitalization. With the exception of XRP, all the top 10 also lost ground over the last seven days as more details emerged about the failure of the FTX exchange. In addition, FTX appealed to other exchanges to help track the hacker who stole an estimated US$600 million from the Bahamas-based exchange and began moving the funds into other tokens. See related article: FTX hacker becomes 35th largest Ethereum holder Fast facts Bitcoin fell 2.6% to US$16,278 in the 24 hours to 8 a.m. in Hong Kong, while Ether slumped 6.3% to US$1,141, according to CoinMarketCap . By Tuesday, the address associated with the FTX hack held at least 228,523.83 Ether, making it the 35 th largest Ethereum holder in the world. On Sunday, the hacker began exchanging the Ether into Ren Bitcoin (renBTC), a token representing Bitcoin on other blockchains, after moving some of the Ether to a new wallet . FTX called on other exchanges to assist in returning the funds via Twitter on Monday morning , which it described as “certain funds transferred from FTX Global and related debtors without authorization.” The funds in question left the exchange on Nov. 12, or the day after it filed for Chapter 11 bankruptcy in the U.S. Leading memecoin Dogecoin saw the heaviest losses in CoinMarketCap’s top 10 list, falling 8.7% to US$0.07, while Polygon was close behind, losing 8% to US$0.80. U.S. equities ended the day higher on Friday. The Dow Jones Industrial Average gained 0.6%, the S&P 500 Index rose 0.5% while the Nasdaq Composite Index rose less than 0.1%. The Bank of America (BoA) downgraded U.S.-based Coinbase Global Inc.’s rating from buy to neutral on Friday, as the company’s share price fell 7.2% in Friday trading. “We think Coinbase (COIN) likely faces a number of new headwinds over the near/medium-term due to the recent collapse of rival crypto exchange FTX,” BoA analyst Jason Kupferberg wrote. BoA added, however, it was confident Coinbase is “not another FTX.” See related article: FTX files for bankruptcy, Sam Bankman-Fried steps down as CEO View comments', 'Bitcoin and Ether both fell in Monday morning trading in Asia along with all of the top 10 non-stablecoin cryptocurrencies by market capitalization. With the exception of XRP, all the top 10 also lost ground over the last seven days as more details emerged about the failure of the FTX exchange. In addition, FTX appealed to other exchanges to help track the hacker who stole an estimated US$600 million from the Bahamas-based exchange and began moving the funds into other tokens.\nSee related article:FTX hacker becomes 35th largest Ethereum holder\n• Bitcoin fell 2.6% to US$16,278 in the 24 hours to 8 a.m. in Hong Kong, while Ether slumped 6.3% to US$1,141,according to CoinMarketCap.\n• By Tuesday, the address associated with the FTX hack held at least 228,523.83 Ether, making it the 35thlargest Ethereum holderin the world. On Sunday, the hackerbegan exchanging the Etherinto Ren Bitcoin (renBTC), a token representing Bitcoin on other blockchains, after moving some of theEther to a new wallet.\n• FTX called on other exchanges to assist in returning the funds viaTwitter on Monday morning, which it described as “certain funds transferred from FTX Global and related debtors without authorization.” The funds in question left the exchange on Nov. 12, or the day after it filed for Chapter 11 bankruptcy in the U.S.\n• Leading memecoin Dogecoin saw the heaviest losses in CoinMarketCap’s top 10 list, falling 8.7% to US$0.07, while Polygon was close behind, losing 8% to US$0.80.\n• U.S. equities ended the day higher on Friday. The Dow Jones Industrial Average gained 0.6%, the S&P 500 Index rose 0.5% while the Nasdaq Composite Index rose less than 0.1%.\n• TheBank of America (BoA) downgradedU.S.-based Coinbase Global Inc.’s rating from buy to neutral on Friday, as the company’s share price fell 7.2% in Friday trading. “We think Coinbase (COIN) likely faces a number of new headwinds over the near/medium-term due to the recent collapse of rival crypto exchange FTX,” BoA analyst Jason Kupferberg wrote. BoA added, however, it was confident Coinbase is “not another FTX.”\nSee related article:FTX files for bankruptcy, Sam Bankman-Fried steps down as CEO', 'Good morning. Here’s what’s happening: Prices: Bitcoin slumped nearly 3%, but held well above its recent $16K support; other major cryptos dive more deeply. Insights: CoinDesk reporter Sam Reynolds looks toward a post FTX future. The industry might be better off if major initiatives such as Grayscale Bitcoin Trust and Solana wound down. Prices CoinDesk Market Index (CMI) 813.15 −33.5 ▼ 4.0% Bitcoin (BTC) $16,216 −464.6 ▼ 2.8% Ethereum (ETH) $1,138 −79.7 ▼ 6.5% S&P 500 daily close 3,965.34 +18.8 ▲ 0.5% Gold $1,750 −1.9 ▼ 0.1% Treasury Yield 10 Years 3.82% ▲ 0.0 BTC/ETH prices per CoinDesk Indices ; gold is COMEX spot price. Prices as of about 4 p.m. ET Cryptos Take a Late Weekend Plunge By James Rubin Four days before the U.S. Thanksgiving holiday, crypto markets decided they didn\'t have much for which to be thankful. Bitcoin was recently down 2.8% over the past 24 hours (UTC), although it managed to hold snugly above its most recent $16,000 support for a 12th consecutive day. Last week, the largest cryptocurrency by market capitalization weathered the cascade of misadventures tied to crypto exchange FTX\'s collapse, although Joe DiPasquale, CEO of crypto fund manager BitBull Capital, wrote in an email to CoinDesk that investors should gird themselves for a rocky week ahead. "The last week saw bitcoin trading in a very tight range, unable to breach $17K conclusively," DiPasquale wrote. "However, given the sideways action, we can expect volatility in the coming week." Ether was recently trading below its most recent $1,200 support and was down over 6% from Saturday, same time. The second-largest crypto in market value has plummeted almost 10% from its high of $1,275 last week. Other major cryptos dove deeply into the red with sports fan coin CHZ plunging more than 14%. CHZ and fan tokens for national soccer teams had been on an upswing recently amid euphoria for the World Cup, which kicked off Sunday with Ecuador defeating the host nation Qatar. Story continues Popular meme coin DOGE, and Crypto.com\'s CRO token, were recently trading down more than 10%. The CoinDesk Market Index (CDI), an index measuring cryptos\' performance, was down 0.4% and about where it stood a week ago. The Fear and Greed index, a measure of market sentiment about crypto, remained in extreme fear territory – its standing throughout much of the growing FTX crisis. Crypto prices veered from equity markets, an increasing occurrence in recent weeks as the major indexes each closed slightly higher on Friday two days after the Commerce Department\'s monthly retail report showed surprisingly resilient consumer spending. The tech-heavy Nasdaq was up 0.01%, while the S&P 500, which has a strong tech component, and the Dow Jones Industrial Average (DJIA) climbed 0.48% and 0.59%, respectively. Traditional markets have also been unaffected by FTX\'s spectacular flameout and now daily revelations about its mismanagement. On Sunday, CoinDesk\'s Shaurya Malwa (a regular contributor to this newsletter) wrote that whoever was behind the $600 million exploit of FTX on Nov. 11 had started exchanging millions of dollars worth of ether to ren bitcoin (renBTC), a token that represents bitcoin on other blockchains. Earlier in the week, Malwa reported that funds stolen from FTX were steadily converted to ether over the past week, making the exploiter one of the largest holders of the token. BitBull\'s DiPasquale said that bulls will be looking **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-11-21 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $311,154,231,344 - Hash Rate: 236949653.97082296 - Transaction Count: 270779.0 - Unique Addresses: 661220.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.21 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: While the concept of energy stocks to buy might seem overdone at this point of the year, the segment may still offer substantial upside. Fundamentally, one of the catalysts that sparked the wild rally centered on the Federal Reserve. Specifically, its accommodative policies during the initial wave of the coronavirus pandemic blew up themoney stock. Now, we’re dealing with the consequences of high inflation. Still, the Fed isn’t the only factor bolstering energy stocks to buy. Geopolitically, 2022 has been a tense and bloody year, with Russia’s invasion of Ukraine still ongoing. Further, the Kremlin decided tocut hydrocarbon outflows to Europe, sparking serious concerns about the coming winter. With supply artificially limited against a rising demand backdrop, the energy sector will likely see value appreciation. Nevertheless, not every player among energy stocks to buy presents an equally bullish narrative. To help guide prospective investors to make an appropriate decision for them, I usedGurufocus.comto filter out market ideas that are relatively underappreciated. These trades could offer far greater returns than something that’s already running red hot. InvestorPlace - Stock Market News, Stock Advice & Trading Tips [{"VLO": "WDS", "Valero Energy": "Woodside Energy", "$127.89": "$23.63"}, {"VLO": "PFIE", "Valero Energy": "Profire Energy", "$127.89": "$1.02"}, {"VLO": "DRQ", "Valero Energy": "Dril-Quip", "$127.89": "$24.05"}, {"VLO": "EPM", "Valero Energy": "Evolution Petroleum", "$127.89": "$8.12"}, {"VLO": "EPSN", "Valero Energy": "Epsilon Energy", "$127.89": "$7.09"}, {"VLO": "SOI", "Valero Energy": "Solaris Oilfield", "$127.89": "$12.20"}] Source: Shutterstock Based in San Antonio, Texas,Valero Energy(NYSE:VLO) is an international manufacturer and marketer of transportation fuels, other petrochemical products, and power. Due to unprecedented relevancies, Valero absolutely soared, similar to other energy stocks to buy. On a year-to-date basis, VLO gained over 68%. Further, in the trailing month, shares swung higher by nearly 16%. Following such a robust move, you might think that VLO would be overvalued at this point. However, the opposite rings true, at least according to Gurufocus.com. The investment resource rates the investment asmodestly undervalued. For instance, VLO trades for 5.5 times trailing-12-month (TTM) earnings. In contrast, the industry median price-earnings ratio is 8.9 times. Just as importantly, Valero enjoys stability in the balance sheet. Primarily, the company features an Altman Z-Score of 5.36, reflecting very low bankruptcy risk. Also, its debt-to-EBITDA ratio is 0.75, favorably below 73% of the competition. Thus, if you’re looking for discounted energy stocks to buy that will also allow you to sleep easier, VLO may be it. Source: zhengzaishuru / Shutterstock.com Based in Perth, Australia,Woodside Energy(NYSE:WDS) is a petroleum exploration and production company. Per its public profile, Woodside also represents Australia’s largest independent dedicated oil and gas company. It’s one of the top-performing energy stocks to buy, with WDS shares returning 49% YTD. Momentum also runs strong recently, with WDS moving up 11% in the trailing month. Financially, Woodside draws much intrigue among investors looking into the hydrocarbon space because of its stability. For example, the company features a cash-to-debt ratio of 3.16 times, ranked higher than nearly 70% of its peers. While cash always presents pertinence, it’s especially critical now due tobroader macroeconomic vagaries. So, if the smelly stuff hits the proverbial fan, WDS may be able to better weather the storm than its rivals. Just as well, Woodside represents a profitability machine. For instance, the company’snet marginstands at 31.7%, ranked higher than almost 85% of the competition. In addition, Woodside’s return on equity pings above 17%, reflecting a quality enterprise. Source: Costello77 / Shutterstock Founded in 2002,Profire Energy(NASDAQ:PFIE) is an oilfield technology company. Specifically, Profire specializes in the design of burner-management systems and other combustion-management technologies. Unlike many other energy stocks to buy, though, PFIE finds itself in the red. Since the beginning of this year, shares dipped over 7% below parity. However, in the trailing month, PFIE popped up by 10% exactly. For contrarian speculators, this dynamic may open an opportunity. That’s because, unlike your standard market-related gamble, Profire brings the fundamentals to the table. For instance, itscash-to-debt ratiostands at a whopping 53.3 times. In contrast, the industry median is only 0.51 times. This metric provides greater flexibility for Profire if broader circumstances go awry. Additionally, investors should note that the company’s Altman Z-Score stands at 6.55. This indicates very low bankruptcy risk, providing reassurance in a typically volatile sector. Finally, Profire features a profitable track record, with eight years of consecutive positive earnings during the past decade. Therefore, PFIE provides a reasonable platform to roll the dice on energy stocks to buy. Source: Shutterstock Headquartered in Houston, Texas,Dril-Quip(NYSE:DRQ) represents one of the world’s leading manufacturers of precision-engineered offshore drilling and production equipment. Its products provide effective solutions for deepwater, harsh environments, and severe service applications. Since the beginning of the year, DRQ gained a relatively modest 10%. However, in the trailing month, shares swung up 12%. While the underlying business itself (which serves the upstream component of the hydrocarbon sector) presents myriad relevancies, during these uncertain times, cash is king. Dril-Quip has plenty of it. Per itsbalance sheet, the company’s cash-to-debt ratio stands at a stunning 66.7 times. Again, the industry median metric sits at only 0.51 times. Combined with an Altman Z-Score of 7.13, DRQ epitomizes one of the most resilient energy stocks to buy. Plus, as a bonus, it features other intriguing stats. For instance, its three-year free cash flow (FCF) growth rate is 30.4%, better than 72% of the industry. Also, the company enjoys six years of consecutive profitability in the trailing decade. Source: Rangsarit Chaiyakun / Shutterstock.com Also headquartered in Houston, Texas,Evolution Petroleum(NYSEAMERICAN:EPM) is an independent energy company focused on maximizing total returns to its shareholders through the ownership of and investment in onshore oil and natural gas properties in the U.S., per its website. Since the January opener, EPM gained a very healthy 52.3%. In the trailing month, EPM moved up nearly 9%. Fundamentally, what sticks out the most for Evolution Petroleum is its income-statement metrics. On the top line, the company’s three-year revenue growth rate stands at 35.9%, rated higher than nearly 93% of the competition. Also, its EBITDA growth rate during the aforementioned period is 25.2%, better than 75% of its peers. On the bottom line, Evolution’s net margin pings just under 30%. In contrast, the industry median is only 3.91%. As well, the company’s return on equity sits just south of 52%, reflecting an extremely high-quality business. Plus, as a bonus, Gurufocus.com rates EPM as asignificantly undervaluedinvestment based on proprietary calculations. Thus, if you’re looking for under-the-radar energy stocks to buy, EPM may intrigue certain market participants. Source: zhengzaishuru / Shutterstock.com Another underappreciated player among energy stocks to buy,Epsilon Energy(NASDAQ:EPSN) also hails from the Lone Star State. An independent firm, Epsilon engages in the acquisition, development, gathering, and production of oil and gas reserves. From the beginning of the year, the ticker EPSN (not to be confused with the sports channel ESPN) gained 24%. Also, in the trailing month, the stock gained 11%. Primarily, Epsilon will attract investors in energy stocks to buy because of its fiscal stability. The company hasno debt, making it elite within the sector. Not surprisingly, Epsilon also carries an Altman Z-Score of 5.7, reflecting low bankruptcy risk. Again, should outside circumstances go awry, EPSN represents one of the few companies in the space that can absorb shocks. But it’s not just a punching bag either. Epsilon features tremendously strong profitability margins. For instance, its gross, operating, and net margins stand at 73.3%, 63.4%, and 42.7%, respectively. Additionally, the company’s return on equity of 32.7% beats out 80% of the competition, making it a very high-quality business. Source: Thaiview / Shutterstock.com If you want to gamble heavily in energy stocks to buy,Solaris Oilfield(NYSE:SOI) may have something for you. Specializing in providing solutions to optimize wellsite safety, Solaris helps energy infrastructures run at maximum efficiency. Unfortunately, Wall Street didn’t feel safe with Solaris’ third-quarter earnings report, where the company posted worse-than-expected sales results. In turn, SOI plunged nearly 20% in the Nov. 1 session. For the year, though, SOI gained a robust 56%. And even with the Tuesday loss, shares gained almost 11% in the trailing month. That suggests that Solaris may be a resilient business that merely suffered a blip (albeit a sharp one). Over time, it can make up for the losses, suggesting that contrarians should buy the dip. It’s a complicated and risky narrative to be sure. However, one factor that could sway certain traders is the balance sheet. With a cash-to-debt ratio of 1.75 times (better than nearly 66% of the competition), Solaris enjoys fiscal stability. 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. A former senior business analyst for Sony Electronics,... - 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:** ['Days after its lending unit wasforced to halt withdrawalsin wake of the collapse of crypto exchange FTX, Genesis Global Trading has mentioned bankruptcy as a potential option as it seeks fresh capital, reports Bloomberg citing people with knowledge of the matter.\nThe Wall Street Journal, also citing people familiar, reported thatGenesis sought funding from Binance and Apollo Global Management, and that Binance declined to invest, citing potential conflicts of interest.\nThe initial news sent bitcoin (BTC) to fresh two-year low of $15,480. But the price has fully recovered back to where it was before the Bloomberg story came out, trading around $15,913 as of this update.\n"We have no plans to file bankruptcy imminently," a Genesis representative told Bloomberg. "Our goal is to resolve the current situation consensually without the need for any bankruptcy filing. Genesis continues to have constructive conversations with creditors."\nGenesis and CoinDesk share the same parent company, Digital Currency Group.\nRead more:Bernstein Says Grayscale Bitcoin Trust Is Protected From Fallout at Sibling Company Genesis Global\nUPDATE (Nov. 21, 2022, 23:01 UTC):Updates with the latest bitcoin price.\nUPDATE (Nov. 22, 2022, 00:32 UTC):Updates with WSJ report that Genesis sought funding from Binance and Apollo Global Management, and that Binance declined to invest, citing potential conflicts of interest.', 'Days after its lending unit was forced to halt withdrawals in wake of the collapse of crypto exchange FTX, Genesis Global Trading has mentioned bankruptcy as a potential option as it seeks fresh capital, reports Bloomberg citing people with knowledge of the matter. The Wall Street Journal, also citing people familiar, reported that Genesis sought funding from Binance and Apollo Global Management , and that Binance declined to invest, citing potential conflicts of interest. The initial news sent bitcoin ( BTC ) to fresh two-year low of $15,480. But the price has fully recovered back to where it was before the Bloomberg story came out, trading around $15,913 as of this update. "We have no plans to file bankruptcy imminently," a Genesis representative told Bloomberg. "Our goal is to resolve the current situation consensually without the need for any bankruptcy filing. Genesis continues to have constructive conversations with creditors." Genesis and CoinDesk share the same parent company, Digital Currency Group. Read more: Bernstein Says Grayscale Bitcoin Trust Is Protected From Fallout at Sibling Company Genesis Global UPDATE (Nov. 21, 2022, 23:01 UTC): Updates with the latest bitcoin price. UPDATE (Nov. 22, 2022, 00:32 UTC): Updates with WSJ report that Genesis sought funding from Binance and Apollo Global Management, and that Binance declined to invest, citing potential conflicts of interest.', 'Days after its lending unit wasforced to halt withdrawalsin wake of the collapse of crypto exchange FTX, Genesis Global Trading has mentioned bankruptcy as a potential option as it seeks fresh capital, reports Bloomberg citing people with knowledge of the matter.\nThe Wall Street Journal, also citing people familiar, reported thatGenesis sought funding from Binance and Apollo Global Management, and that Binance declined to invest, citing potential conflicts of interest.\nThe initial news sent bitcoin (BTC) to fresh two-year low of $15,480. But the price has fully recovered back to where it was before the Bloomberg story came out, trading around $15,913 as of this update.\n"We have no plans to file bankruptcy imminently," a Genesis representative told Bloomberg. "Our goal is to resolve the current situation consensually without the need for any bankruptcy filing. Genesis continues to have constructive conversations with creditors."\nGenesis and CoinDesk share the same parent company, Digital Currency Group.\nRead more:Bernstein Says Grayscale Bitcoin Trust Is Protected From Fallout at Sibling Company Genesis Global\nUPDATE (Nov. 21, 2022, 23:01 UTC):Updates with the latest bitcoin price.\nUPDATE (Nov. 22, 2022, 00:32 UTC):Updates with WSJ report that Genesis sought funding from Binance and Apollo Global Management, and that Binance declined to invest, citing potential conflicts of interest.', 'Carillon Tower Advisers, an investment management company, released its “Carillon Chartwell Mid Cap Value Fund” third quarter 2022 investor letter. A copy of the same can bedownloaded here. The market witnessed extreme volatility in the quarter, and the equity market segment returns ranged from -2% to -5%. The Russell Mid Cap Value index declined nearly 5% in the quarter. In addition, you can check the top 5 holdings of the fund to know its best picks in 2022.\nCarillon Tower highlighted stocks like Service Corporation International (NYSE:SCI) in the Q3 2022 investor letter. Headquartered in Houston, Texas, Service Corporation International (NYSE:SCI) is a funeral services and goods provider. On November 18, 2022, Service Corporation International (NYSE:SCI) stock closed at $70.33 per share. One-month return of Service Corporation International (NYSE:SCI) was 20.18% and its shares gained 4.05% of their value over the last 52 weeks. Service Corporation International (NYSE:SCI) has a market capitalization of $10.817 billion.\nCarillon Tower made the following comment about Service Corporation International (NYSE:SCI) in its Q3 2022 investor letter:\n“Service Corporation International(NYSE:SCI) provides death care services, including funeral, cremation, and cemetery services. Elevated mortality during the pandemic boosted revenue, including pre-need sales, but growth has started to moderate as the deployment of vaccines and therapeutics reduces the risk of contracting COVID-19 and pre-need sales to inflation-squeezed consumers slow.”\nglenda/Shutterstock.com\nService Corporation International (NYSE:SCI) is not on our list of30 Most Popular Stocks Among Hedge Funds. As per our database, 25 hedge fund portfolios held Service Corporation International (NYSE:SCI) at the end of the third quarter, which was 32 in the previous quarter.\nWe discussed Service Corporation International (NYSE:SCI) inanother articleand shared Steel City Capital’s views on the company. In addition, please check out ourhedge fund investor letters Q3 2022page for more investor letters from hedge funds and other leading investors.\nSuggested Articles:\n• 15 Companies That Accept Bitcoin as Payment\n• 15 Largest Fertilizer Companies in the World\n• 15 Biggest Exploration and Production Companies in the World\nDisclosure: None. This article is originally published atInsider Monkey.', 'Carillon Tower Advisers , an investment management company, released its “Carillon Chartwell Mid Cap Value Fund” third quarter 2022 investor letter. A copy of the same can be downloaded here . The market witnessed extreme volatility in the quarter, and the equity market segment returns ranged from -2% to -5%. The Russell Mid Cap Value index declined nearly 5% in the quarter. In addition, you can check the top 5 holdings of the fund to know its best picks in 2022. Carillon Tower highlighted stocks like Service Corporation International (NYSE: SCI ) in the Q3 2022 investor letter. Headquartered in Houston, Texas, Service Corporation International (NYSE:SCI) is a funeral services and goods provider. On November 18, 2022, Service Corporation International (NYSE:SCI) stock closed at $70.33 per share. One-month return of Service Corporation International (NYSE:SCI) was 20.18% and its shares gained 4.05% of their value over the last 52 weeks. Service Corporation International (NYSE:SCI) has a market capitalization of $10.817 billion. Carillon Tower made the following comment about Service Corporation International (NYSE:SCI) in its Q3 2022 investor letter: “ Service Corporation International (NYSE:SCI) provides death care services, including funeral, cremation, and cemetery services. Elevated mortality during the pandemic boosted revenue, including pre-need sales, but growth has started to moderate as the deployment of vaccines and therapeutics reduces the risk of contracting COVID-19 and pre-need sales to inflation-squeezed consumers slow.” grave, umbrella, stone, rain, dead, children, bear, young, site, wet, tomb, cemetary, cemetery, flowers, trees, funeral, teddy, grass, outside, people, black, female, buried, glenda/Shutterstock.com Service Corporation International (NYSE:SCI) is not on our list of 30 Most Popular Stocks Among Hedge Funds . As per our database, 25 hedge fund portfolios held Service Corporation International (NYSE:SCI) at the end of the third quarter, which was 32 in the previous quarter. We discussed Service Corporation International (NYSE:SCI) in another article and shared Steel City Capital’s views on the company. In addition, please check out our hedge fund investor letters Q3 2022 page for more investor letters from hedge funds and other leading investors. Story continues Suggested Articles: 15 Companies That Accept Bitcoin as Payment 15 Largest Fertilizer Companies in the World 15 Biggest Exploration and Production Companies in the World Disclosure: None. This article is originally published at Insider Monkey .', 'Carillon Tower Advisers, an investment management company, released its “Carillon Chartwell Mid Cap Value Fund” third quarter 2022 investor letter. A copy of the same can bedownloaded here. The market witnessed extreme volatility in the quarter, and the equity market segment returns ranged from -2% to -5%. The Russell Mid Cap Value index declined nearly 5% in the quarter. In addition, you can check the top 5 holdings of the fund to know its best picks in 2022.\nCarillon Tower highlighted stocks like DXC Technology Company (NYSE:DXC) in the Q3 2022 investor letter. Headquartered in Ashburn, Virginia, DXC Technology Company (NYSE:DXC) is an information technology company that operates through Global Business Services (GBS) and Global Infrastructure Services (GIS) segment **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-11-22 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $310,275,947,850 - Hash Rate: 231439196.90173405 - Transaction Count: 253235.0 - Unique Addresses: 623451.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.22 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: ZUG, Switzerland, Oct. 10, 2022 (GLOBE NEWSWIRE) --  eLivestock Global (ELG) and nChain today announced a partnership to launch a cattle traceability platform with the goal of ensuring livestock are healthier and farmers can secure their livelihood. "With eLivestock's rapid expansion plans underway within the region; nChain's robust, scalable, and innovative blockchain solutions make them the perfect partner to power our award-winning solution. We are pleased to welcome nChain as a technology partner to our mission of enabling the smallholder livestock farmer with global scale and access while leveling the playing field via digital and financial inclusion. As our platform grows into a more national and regional presence, nChain's solutions will help ensure the integrity of livestock data. As we continue to add functionality and offerings to our platform, we are confident in nChain's ability to grow and scale with us," eLivestock CEO Chris Light commented. Secure blockchain solution The AgriTech startup's solution gives each animal a unique digital 'passport,' confidentially embedding data about ownership, vaccinations, and movements. Information is scanned and collected via an RFID tag on the cattle's ear and links to a phone-based app. nChain's innovative platform notarises this to a public ledger, giving transparency to all stakeholders in the process from banks to beef buyers, while also allowing farmers to receive payment automatically. The system reduces reliance on third parties, and associated costs, as well as eliminates the risk of error or duplication. Empowering African farmers Currently, there is no unified approach to tackling disease or climate change-related issues that affect cattle because of the lack of a global identification system. Moreover, many farmers in Africa are unbanked and have no proof of ownership for livestock, meaning they can't collateralise their cattle to secure a loan or get paid for the true value of their animals. Current attempts to resolve this are unsustainable either by making farmers overly reliant on NGO support to maintain the system or by storing data and processing payments through private companies that take commission. "This is a critical use case for us to demonstrate that blockchain is more than a payments solution and has the potential to solve real-world problems. Our industry-leading technology delivers optimal performance, both in terms of scalability and energy efficiency, to reduce overheads and allow farmers to receive the maximum compensation possible. We're excited to work with clients like eLivestock who realise the unique potential of blockchain," nChain's Chief Revenue Officer Leandro Nunes said. A win-win collaboration The mutual collaboration, which covers the notarisation of all data collected or updated via the RFID tag on the blockchain, leverages both partners' expertise in technology and in solving real-world problems. nChain was recently voted one of the world's most innovative companies in 2022 by LexisNexis, while eLivestock is the proud recipient of several awards, including the SID-US' 2022 Innovation Award. --ENDS— About eLivestock Headquartered in the biotech corridor of the Washington DC area, E-Livestock Global LLC aims to improve the livelihood of rural and commercial farmers by enabling traceability of their cattle. Focusing on cutting-edge, affordable technologies, ELG delivers a world class livestock traceability solution that can be applied globally. Founded by Chris Light and Max Makuvise, who respectively bring to the table expertise in both tech and cattle, empowering the small holder cattle farmer is the primary focus. Piloted in Zimbabwe, the product is swiftly making its way into other African nations. About nChain nChain is a global blockchain technology company and recently voted one of the Top 100 most innovative firms in the world. We offer software, consulting services and IP licensing for clients in various industries looking to benefit from the security and scalability of the blockchain. Our mission is to secure the internet of value. Founded in 2015, nChain employs more than 250 staff, holds over 400 patents and are the developers of the Bitcoin SV Node software, Teranode, LiteClient and more. Learn more at:nchain.com Communications Contacts: E-Livestock Global: Chris Light, CEO,[email protected] nChain: Valentine Labarthe, Head of Commercial & Strategy,[email protected] Contact Information:Chris [email protected] BallCommunications [email protected] This content was issued through thepress release distribution service at Newswire.com.... - Reddit Posts (Sample): [['u/Journalancer', 'Look on the bright side', 36, '2022-11-22 00:10', 'https://www.reddit.com/r/CelsiusNetwork/comments/z1dgzi/look_on_the_bright_side/', "If the Terra/Luna contagion keeps spreading beyond Genesis, potentially even hitting Grayscale/Microstrategy/Tether, Bitcoin will be so cheap we'll be able to buy our coins back...\n\nI'm down so bad", 'https://www.reddit.com/r/CelsiusNetwork/comments/z1dgzi/look_on_the_bright_side/', 'z1dgzi', [['u/mnpc', 18, '2022-11-22 04:30', 'https://www.reddit.com/r/CelsiusNetwork/comments/z1dgzi/look_on_the_bright_side/ixb8yfy/', 'They’re stable—until they’re not.', 'z1dgzi'], ['u/retirementdreams', 19, '2022-11-22 04:41', 'https://www.reddit.com/r/CelsiusNetwork/comments/z1dgzi/look_on_the_bright_side/ixbaanf/', "I DCA every payday until I've replaced what I lost. \n\nFuck everyone involved in this perpetrating this fraud, I hope they all rot while they are alive.", 'z1dgzi'], ['u/Even-Yesterday9268', 11, '2022-11-22 05:38', 'https://www.reddit.com/r/CelsiusNetwork/comments/z1dgzi/look_on_the_bright_side/ixbgn5n/', 'Dca hard till celsius losses looks negligible.', 'z1dgzi']]], ['u/odraencoded', 'bitcoin price dropping is good for bitcoin', 88, '2022-11-22 00:12', 'https://www.reddit.com/r/Buttcoin/comments/z1dilu/bitcoin_price_dropping_is_good_for_bitcoin/', 'What few understand is that the bitcoin price going from 60k to ~~40k~~ ~~20k~~ 15k is actually good for bitcoin. Allow me to explain.\n\nPreviously, to buy something priced at 1 btc, you needed to pay 60 thousand dollars.\n\nNow, to buy something priced at 1 btc, you only need to pay 15 thousand dollars.\n\nEverything priced in btc got cheaper! Bitcoins are more affordable now so more people will be buying bitcoins to buy more things, stimulating the bitconomy and increasing adoption.\n\nWhen bitcoin hits 1 dollar kids will be buying bitcoins with their allowances and selling lemonade for bitcoins. *That* is the future of bitcoin, my friends.', 'https://www.reddit.com/r/Buttcoin/comments/z1dilu/bitcoin_price_dropping_is_good_for_bitcoin/', 'z1dilu', [['u/urbanmark', 30, '2022-11-22 00:19', 'https://www.reddit.com/r/Buttcoin/comments/z1dilu/bitcoin_price_dropping_is_good_for_bitcoin/ixacg5m/', '1 BTC = 1 BTC. My exchange told me I’m being pegged.', 'z1dilu'], ['u/WeathervaneJesus1', 10, '2022-11-22 00:41', 'https://www.reddit.com/r/Buttcoin/comments/z1dilu/bitcoin_price_dropping_is_good_for_bitcoin/ixafe2i/', 'Dca stacking some sats, or something like that.', 'z1dilu'], ['u/-__-_-__-_-__-', 13, '2022-11-22 00:52', 'https://www.reddit.com/r/Buttcoin/comments/z1dilu/bitcoin_price_dropping_is_good_for_bitcoin/ixagu6o/', 'This is the way.\n\nGod I fucking hate seeing these comments on every single thread in r/cryptocurrency. Literally just telling people to keep buying into super risky assets without ever wondering why the price is dropping. Like there couldn’t possibly be any fundamental reason for the price to drop while the scams running the market are collapsing. It’s just guaranteed to go back up, don’t worry about it.\n\nAnd that’s r/cryptocurrency at its most bearish, according to all the people telling you to buy because are fearful.', 'z1dilu']]], ['u/Justice_Truth', 'Bitcoin now trading at around $15,800, any margin call?', 19, '2022-11-22 00:17', 'https://www.reddit.com/r/Buttcoin/comments/z1dmje/bitcoin_now_trading_at_around_15800_any_margin/', "Does anyone know MicroStrategy's bitcoin margin call level? They were at risk around $21,000 last June. I did a search but no news.", 'https://www.reddit.com/r/Buttcoin/comments/z1dmje/bitcoin_now_trading_at_around_15800_any_margin/', 'z1dmje', [['u/Potential-Coat-7233', 11, '2022-11-22 00:29', 'https://www.reddit.com/r/Buttcoin/comments/z1dmje/bitcoin_now_trading_at_around_15800_any_margin/ixadr8k/', 'People have said all sorts of numbers for this.\n\nDoubt them all.', 'z1dmje'], ['u/dyzo-blue', 24, '2022-11-22 00:36', 'https://www.reddit.com/r/Buttcoin/comments/z1dmje/bitcoin_now_trading_at_around_15800_any_margin/ixaeqvu/', "After the $21K figure went around, they made an announcement that the figure was $3K.\n\nI wouldn't believe a word Saylor Moon said, though.", 'z1dmje'], ['u/NoKatanaMana', 17, '2022-11-22 01:21', 'https://www.reddit.com/r/Buttcoin/comments/z1dmje/bitcoin_now_trading_at_around_15800_any_margin/ixakk8b/', "So I keep hearing ~3.5K but that number is equivalent to **all** of MicroStrategy's bitcoin. I'm not sure of the loan structure or covenants in Silvergate's loan. But usually, the entity giving out the loan doesn't *HAVE* to accept any further collateral. What's more, you'd have to be a complete dunce to accept such a volatile and illiquid asset as additional collateral. I can't imagine anyone with proper amount of brain cells accepting 130,000 bitcoins, thinking they can liquidate it at par or even 50% par value.", 'z1dmje'], ['u/Acceptable-Dig-7529', 11, '2022-11-22 03:08', 'https://www.reddit.com/r/Buttcoin/comments/z1dmje/bitcoin_now_trading_at_around_15800_any_margin/ixaygak/', 'Silvergate bank is the dunce you can’t imagine and this is probably one of the best loans on their books.', 'z1dmje']]], ['u/wtfCraigwtf', 'Why These Ponzi Collapses and Exchange Defaults are GOOD for Crypto over the Long Term', 32, '2022-11-22 00:18', 'https://www.reddit.com/r/btc/comments/z1dnst/why_these_ponzi_collapses_and_exchange_defaults/', 'We\'ve seen some amazing crypto price action this month after a period of calm and quiet. The FTX default was yet another stark reminder that crypto exchanges are corrupt to the core, and furthermore, they\'re antithetical to Satoshi\'s original vision for Bitcoin. Satoshi always intended for everyone to be their own bank, but then shady businesses like Mt Gox, Coinbase, Cryptsy, Binance, Quadriga CX, and FTX simply created a Banking 2.0 system on top of Bitcoin and lured people in with promises they didn\'t keep. \n\nMuch of the mainstream public still believes that crypto is just a balance on their KYCed crypto exchange, they don\'t even know how to use a wallet! But this is changing quickly as more people get scammed by exchanges. When they hear "not your keys, not your coins", they don\'t understand the phrase, but they now know that they need to figure out wallets and practice self-custody to protect their wealth. On the whole, this is a huge development! More people taking their coins off exchanges means far less price speculation, bot trading, risk of defaults, risk of government seizures (coming soon to exchanges that haven\'t defaulted/exited...), and concentrated wallets filled with coins attracting hackers. One could argue that when crypto exchanges are obselete, crypto will be functioning in the way that was intended by Satoshi. The current Wall St speculative stock trading model for crypto could even be obseleted soon. \n\nPeople are also catching on that stablecoins and premined tokens are a scam. When someone is issuing a token, we all know to ask "how is the supply created and who controls it"?, again this is something that is trickling down to the mainstream. Each time another stable shitcoin or token project craters, more speculative value is destroyed, leaving room for real value to grow organically. \n\nNow more than ever before, we need to EDUCATE THE MASSES about why crypto was invented and what the true purpose of it is and always will be: PEER TO PEER ELECTRONIC CASH! A forest fire is sweeping through the crypto ecosystem, and after it has burned out we will have green shoots growing!', 'https://www.reddit.com/r/btc/comments/z1dnst/why_these_ponzi_collapses_and_exchange_defaults/', 'z1dnst', [['u/bobcatjamaica', 11, '2022-11-22 01:47', 'https://www.reddit.com/r/btc/comments/z1dnst/why_these_ponzi_collapses_and_exchange_defaults/ixany7d/', 'People didnt learn jack shit from MTGox. FTX/LUNA/CELSIUS just prove the crypto communities are really really dumb and will get scammed by the same schemes over and over and over.\n\nEdit: Use cold storage and you will sleep through these dramas. With BCH at $100 theres no reason to use leverage. If it recovers it will go to $1k-$5K, thats plenty of upside, no need to use leverage.', 'z1dnst'], ['u/wtfCraigwtf', 13, '2022-11-22 01:59', 'https://www.reddit.com/r/btc/comments/z1dnst/why_these_ponzi_collapses_and_exchange_defaults/ixapeou/', "are you sure those are the same people? I'm guessing many Mt Gox users moved on to Defi when it was ready. The tards who went into FTX/Celsuis were a fresh group of idiots.", 'z1dnst']]], ['u/Onixsix', "It's time to wake up", 85, '2022-11-22 01:02', 'https://www.reddit.com/r/Monero/comments/z1ep7v/its_time_to_wake_up/', 'Last time I joined telegram basically this guy rodney/needmoney90 banned everyone who said anything bad about cakewallet and from posts on twitter it\'s obvious it\'s someone from their team. \n \n\nThis is similar situation how blockstream took over bitcoin development and instead of privacy they now have lighting network. \n \n\nI am not saying this in bad faith or attack someone just it should be publicly known Ruckunium is working for cakewallet, lovera and monerobull also.\xa0 Nothing bad about Ruckunium, but he is obviosly trying to put to work developer which CCS was declined because he was milking monero community money for 2 years. Monero Magic Fund is cakewallet operation to take control over CCS from monero project. Magic fund is worst funding way because developer must be KYC-ed, imagine that. \n \n\nMonero.com is another project of this team to be more "official" website then getmonero.org where cakewallet was almost removed from list of recommend wallets. Justin from cakewallet went step further and messaged coingecko to list monero.com as official website, which was later fixed. \n \n\nFor me it seems community is sleeping and not seeing what is happening. \n \n\nWake up. \n \n\nDisclaimer: I have nothing against any company in Monero eco-system until they try to fuck us up an... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 recovered above US$16,000 in Wednesday morning trading as it rose along with Ether and the rest of the crypto top 10 by market capitalization, excluding stablecoins, as the market shook off lingering doubts from earlier in the week of further contagion from the now-bankrupt crypto exchange FTX. See related article: Cathie Woods buys the dip as Ark Invest scoops up Coinbase, GBTC shares: Bloomberg Fast facts Bitcoin rose 2.6% to US$16,198 in the 24 hours to 8 a.m. in Hong Kong, while Ether gained 2.5% to change hands at US$1,135, according to CoinMarketCap . Leading memecoin Dogecoin rose 5.1% to US$0.07 and Polygon gained 6.8% to US$0.85. Litecoin posted the largest gains in that list, rising 13.7% to US$70.09, representing a 20.76% rise in the past seven days as it rose several positions on CoinMarketCap’s list. Despite the broader market downturn, the blockchain recently reached its all-time-high mining difficulty on Nov. 18, and CryptoSlate recently wrote that “[Litecoin’s] resurgence is likely a symptom of crypto users looking for stability in a chaotic market.” While it had gained 5% to US$12.44 on Wednesday morning, Solana continued its slide down CoinMarketCap’s ranking, which began as Alameda Research began selling large quantities of its holdings in the token amid the collapse of sister firm FTX. Markets were rattled on Tuesday as brokerage firm Genesis Global Capital paused withdrawals amid heightened trading activity, causing concern for parent venture capital company Digital Currency Group (DCG),\xa0which revealed it owed Genesis US$575 million. Despite this, DCG revealed in a letter to shareholders that the loans are not due until May 2023, and the company aims to emerge “stronger” following the Crypto Winter, according to a Tuesday report by the Wall Street Journal . “The FTX collapse is a story of a company who chose to operate outside of existing regulation while portraying that they are regulated. In Australia, the FTX collapse has brought to light the issue that crypto exchanges do not and cannot provide full legal ownership of the asset to their customers, as they are unregulated,” Jeff Yew, chief executive officer of Australia’s Monochrome Asset Management, told Forkast via email. “This is more so critical for holdings that have specific legal requirements like a [self-managed superannuation (retirement) fund]. Storing cryptocurrency on crypto trading platforms could put the trustees’ obligation to ensure absolute entitlement to the asset at risk,” he added. U.S. equities closed higher on Tuesday. The Dow Jones Industrial Average rose 1.2%, while the S&P 500 Index and the Nasdaq Composite Index both gained 1.4%. U.S. investors eagerly await the release of the Federal Reserve’s November meeting minutes on Wednesday for insights as to how the Fed views current economic conditions and its plans for likely further interest rate rises as it continues to combat near-40-year-high inflation. The Fed has been raising interest rates since March this year to try to slow inflation, raising them from near zero to a 15-year high of 3.75% to 4%. The Fed has signaled that it will continue to raise rates until inflation reaches a target range of 2%. See related article: SBF’s parents, FTX executives bought Bahamas property worth US$121 million: Reuters', 'Bitcoin recovered above US$16,000 in Wednesday morning trading as it rose along with Ether and the rest of the crypto top 10 by market capitalization, excluding stablecoins, as the market shook off lingering doubts from earlier in the week of further contagion from the now-bankrupt crypto exchange FTX.\nSee related article:Cathie Woods buys the dip as Ark Invest scoops up Coinbase, GBTC shares: Bloomberg\n• Bitcoin rose 2.6% to US$16,198 in the 24 hours to 8 a.m. in Hong Kong, while Ether gained 2.5% to change hands at US$1,135,according to CoinMarketCap. Leading memecoin Dogecoin rose 5.1% to US$0.07 and Polygon gained 6.8% to US$0.85.\n• Litecoin posted the largest gains in that list, rising 13.7% to US$70.09, representing a 20.76% rise in the past seven days as it rose several positions on CoinMarketCap’s list. Despite the broader market downturn, the blockchain recently reached its all-time-high mining difficulty on Nov. 18, andCryptoSlate recently wrotethat “[Litecoin’s] resurgence is likely a symptom of crypto users looking for stability in a chaotic market.”\n• While it had gained 5% to US$12.44 on Wednesday morning, Solana continued its slide down CoinMarketCap’s ranking, which began as Alameda Research began selling large quantities of its holdings in the token amid the collapse of sister firm FTX.\n• Markets wererattled on Tuesdayas brokerage firm Genesis Global Capital paused withdrawals amid heightened trading activity, causing concern for parent venture capital company Digital Currency Group (DCG),\xa0which revealed it owed Genesis US$575 million. Despite this, DCG revealed in a letter to shareholders that the loans are not due until May 2023, and the company aims to emerge “stronger” following the Crypto Winter, according to a Tuesdayreport by the Wall Street Journal.\n• “The FTX collapse is a story of a company who chose to operate outside of existing regulation while portraying that they are regulated. In Australia, the FTX collapse has brought to light the issue that crypto exchanges do not and cannot provide full legal ownership of the asset to their customers, as they are unregulated,” Jeff Yew, chief executive officer of Australia’s Monochrome Asset Management, toldForkastvia email.\n• “This is more so critical for holdings that have specific legal requirements like a [self-managed superannuation (retirement) fund]. Storing cryptocurrency on crypto trading platforms could put the trustees’ obligation to ensure absolute entitlement to the asset at risk,” he added.\n• U.S. equities closed higher on Tuesday. The Dow Jones Industrial Average rose 1.2%, while the S&P 500 Index and the Nasdaq Composite Index both gained 1.4%.\n• U.S. investors eagerly await the release of the Federal Reserve’sNovember meeting minuteson Wednesday for insights as to how the Fed views current economic conditions and its plans for likely further interest rate rises as it continues to combat near-40-year-high inflation.\n• The Fed has been raising interest rates since March this year to try to slow inflation, raising them from near zero to a 15-year high of 3.75% to 4%. The Fed has signaled that it will continue to raise rates until inflation reaches a target range of 2%.\nSee related article:SBF’s parents, FTX executives bought Bahamas property worth US$121 million: Reuters', 'Bitcoin recovered above US$16,000 in Wednesday morning trading as it rose along with Ether and the rest of the crypto top 10 by market capitalization, excluding stablecoins, as the market shook off lingering doubts from earlier in the week of further contagion from the now-bankrupt crypto exchange FTX.\nSee related article:Cathie Woods buys the dip as Ark Invest scoops up Coinbase, GBTC shares: Bloomberg\n• Bitcoin rose 2.6% to US$16,198 in the 24 hours to 8 a.m. in Hong Kong, while Ether gained 2.5% to change hands at US$1,135,according to CoinMarketCap. Leading memecoin Dogecoin rose 5.1% to US$0.07 and Polygon gained 6.8% to US$0.85.\n• Litecoin posted the largest gains in that list, rising 13.7% to US$70.09, representing a 20.76% rise in the past seven days as it rose several positions on CoinMarketCap’s list. Despite the broader market downturn, the blockchain recently reached its all-time-high mining difficulty on Nov. 18, andCryptoSlate recently wrotethat “[Litecoin’s] resurgence is likely a symptom of crypto users looking for stability in a chaotic market.”\n• While it had gained 5% to US$12.44 on Wednesday morning, Solana continued its slide down CoinMarketCap’s ranking, which began as Alameda Research began selling large quantities of its holdings in the token amid the collapse of sister firm FTX.\n• Markets wererattled on Tuesdayas brokerage firm Genesis Global Capital paused withdrawals amid heightened trading activity, causing concern for parent venture capital company Digital Currency Group (DCG),\xa0which revealed it owed Genesis US$575 million. Despite this, DCG revealed in a letter to shareholders that the loans are not due until May 2023, and the company aims to emerge “stronger” following the Crypto Winter, according to a Tuesdayreport by the Wall Street Journal.\n• “The FTX collapse is a story of a company who chose to operate outside of existing regulation while portraying that they are regulated. In Australia, the FTX collapse has brought to light the issue that crypto exchanges do not and cannot provide full legal ownership of the asset to their customers, as they are unregulated,” Jeff Yew, chief executive officer of Australia’s Monochrome Asset Management, toldForkastvia email.\n• “This is more so critical for holdings that have specific legal requirements like a [self-managed superannuation (retirement) fund]. Storing cryptocurrency on crypto trading platforms could put the trustees’ obligation to ensure absolute entitlement to the asset at risk,” he added.\n• U.S. equities closed higher on Tuesday. The Dow Jones Industrial Average rose 1.2%, while the S&P 500 Index and the Nasdaq Composite Index both gained 1.4%.\n• U.S. investors eagerly await the release of the Federal Reserve’sNovember meeting minuteson Wednesday for insights as to how the Fed views current economic conditions and its plans for likely further interest rate rises as it continues to combat near-40-year-high inflation.\n• The Fed has been raising interest rates since March this year to try to slow inflation, raising them from near zero to a 15-year high of 3.75% to 4%. The Fed has signaled that it will continue to raise rates until inflation reaches a target range of 2%.\nSee related article:SBF’s parents, FTX executives bought Bahamas property worth US$121 million: Reuters', 'Fallen 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: 2022-11-23 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $315,956,869,594 - Hash Rate: 258991482.2471786 - Transaction Count: 273997.0 - Unique Addresses: 696412.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.22 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin and Ether rose on Wednesday morning in Asia along with most of the cryptocurrency top 10 by market capitalization, excluding stablecoins, eking out gains amid reports of alleged Russian missile strikes on Poland while inflationary data out of the U.S. provided support.See related article:Coinbase officially enters the fray in XRP lawsuit to support Ripple against SEC • Bitcoin gained 1.6% to US$13,886 in the 24 hours to 8 a.m. in Hong Kong, while Ether rose 0.8% to US$1,252,according to CoinMarketCap. • XRP rose 3.2% to US$0.38, continuing a positive price run over the past few days as U.S.-based cryptocurrency exchange Coinbase submitted an amicus brief on Monday to support Ripple Labs Inc. — the company that uses XRP to power its payment system — in its lawsuit with the U.S. Securities and Exchange Commission. • Polygon rose 2.6% to US$0.94 and Solana gained 2.1% to US$14.30, though was still trading down roughly 40% for the week as it was hit particularly hard by Alameda selling off large quantities of its reserves in the token to try to stabilize the price of the collapsing FTT, the native token of sister firm FTX.com. • Cronos, the native token of fellow exchange Crypto.com, gained 5.8% to US$0.073 but represents only a small recovery for the token which is still trading down nearly 30% for the week after details emerged that Crypto.com accidentally sent roughly US$400 million worth of Ether to the wrong wallet address, in an attempt to move it to cold storage. This sparked concerns of a situation similar to FTT, where its plunging price greatly compounded financial pressures on FTX and contributed to its eventual bankruptcy on Friday. • U.S. equities ended the day higher on Tuesday; the Dow Jones Industrial Average gained 0.2%, the S&P 500 Index rose 0.9% and the Nasdaq Composite Index finished the day 1.5% higher. • Stocks were initially shaken before recovering following reports of alleged Russian military strikes over the Polish border near the town of Przewodow, in which two people are believed to have died. As Poland is a member of the North Atlantic Treaty Organization (NATO), an attack on the country is considered an attack on the entire organization, and the strikes risk a significant escalation in the 9-month-long war as other member states could be drawn in to respond militarily. Russia’s defense ministry hasdenied the reports, while authorities continue to investigate. • The U.S. producer price index data added support for markets, however, as it showed that wholesale prices increased 0.2% in October — below the 0.4% anticipated by analysts — adding to the evidence that inflation is slowing in the country. Inflation was running at 7.7% in October, below the 8.2% it was at in October. • The U.S. Federal Reserve has been raising interest rates since March this year to try to tackle inflation, steadily raising them from near zero to a 15-year high of 3.75% to 4%. The Fed has signaled that it will continue to raise rates until inflation reaches a target range of 2%. See related article:Vitalik Buterin seeks to build proof-of-reserves protocol with Binance as ‘guinea pig,’ says Binance chief... - Reddit Posts (Sample): [['u/C_Wisket', 'Bitcoin ep hilarious', 26, '2022-11-23 00:23', 'https://www.reddit.com/r/Flagrant2/comments/z28na6/bitcoin_ep_hilarious/', "Akaash's pain is my joy in life", 'https://www.reddit.com/r/Flagrant2/comments/z28na6/bitcoin_ep_hilarious/', 'z28na6', [['u/Ambientus', 10, '2022-11-23 02:46', 'https://www.reddit.com/r/Flagrant2/comments/z28na6/bitcoin_ep_hilarious/ixfkwte/', 'And how much did you lose in all of this?', 'z28na6'], ['u/ImpossibleRoutine780', 14, '2022-11-23 04:26', 'https://www.reddit.com/r/Flagrant2/comments/z28na6/bitcoin_ep_hilarious/ixfx535/', 'Just glad akash isnt jumping off a building', 'z28na6'], ['u/Khaki_Blerman', 12, '2022-11-23 04:31', 'https://www.reddit.com/r/Flagrant2/comments/z28na6/bitcoin_ep_hilarious/ixfxotn/', 'The end was the best. Mans was spinnin when it came to purchasing a whole Bitcoin 😂', 'z28na6'], ['u/Fo5rep', 11, '2022-11-23 07:00', 'https://www.reddit.com/r/Flagrant2/comments/z28na6/bitcoin_ep_hilarious/ixgcyo0/', 'Was it really? Cause I turned it off after about 10 minutes. Wasn’t giving off hilarious vibes.', 'z28na6']]], ['u/alexjfinch', 'What could happen, in your opinion, that would cause the price of bitcoin to go up?', 10, '2022-11-23 00:40', 'https://www.reddit.com/r/Buttcoin/comments/z2924h/what_could_happen_in_your_opinion_that_would/', 'I’m not a crypto investor, and certainly not someone here trying to make myself feel better because I have crypto and have lost my life savings!\n\nI’ve know about Bitcoin for a long time - remember it hitting $100 a coin and being surprised, then even more surprised when it hit following highs. \n\nBut those highs came from excitement and interest. New exchanges and easier access for people to get hold of it and then a little bit of media attention saw it hit $1,000/$2,000 a coin. \n\nThen some other good news in the media (like Tesla accepting payment) made it jump up more. \n\nThen it tanked after Mt Gox or china banning it or something. \n\nThe last large increase in value I think is universally accepted as people sitting at home during the pandemic and “investing” a lot of their spare cash into this and more hype. \n\nI’ve not followed it closely enough to understand why it started falling from its ATH - I guess the people with the most gains cashed out leaving those lose their money as the value dropped which has spiralled the recent failures and potentially more failures in the crypto space. \n\nI can’t fathom another scenario where by this gains traction again. I feel like too many have had their hands bitten, lost money and there is just too much bad press about it now that it simply cannot return to anything meaningful if people bought high and are holding out for that value increase again. \n\nBe interesting to hear other people’s thoughts on whether they think there is a potential scenario that this could ever return. \n\nI totally get it’s a Ponzi scheme, just interested to know from people who understand it more than I do.', 'https://www.reddit.com/r/Buttcoin/comments/z2924h/what_could_happen_in_your_opinion_that_would/', 'z2924h', [['u/Potential-Coat-7233', 12, '2022-11-23 00:48', 'https://www.reddit.com/r/Buttcoin/comments/z2924h/what_could_happen_in_your_opinion_that_would/ixf68f1/', 'More demand than supply, a positive feedback cycle / fomo.\n\nI think it’s less likely to get a huge fomo after 2022 but I’m consistently wrong with predictions, so I’ve stopped predicting.\n\nI honestly don’t understand this market, but seeing SBF running with his back pack on that video makes me happy.', 'z2924h'], ['u/Flymolo26', 15, '2022-11-23 00:57', 'https://www.reddit.com/r/Buttcoin/comments/z2924h/what_could_happen_in_your_opinion_that_would/ixf7d14/', 'If they brought back Silk Road.', 'z2924h'], ['u/Representative-Use32', 24, '2022-11-23 01:03', 'https://www.reddit.com/r/Buttcoin/comments/z2924h/what_could_happen_in_your_opinion_that_would/ixf82uh/', 'It reached ATH when interest rates were zero, free cash was being sent to everyone on back of pandemic and people were working from home so were free to punt around on crypto and NFTs. Another key point is back then central bank quantitative easing made liquidity abundant - therefore all asset prices were rising including property, baseball cards, equities, credit, art, crypto etc. This punchbowl has been taken away now so liquidity is draining steadily and all asset prices are being revalued south of where they were.\n\nIf these easy liquidity conditions were to return we may see more Bitcoin mania, but a lot of the leverage built up in the ATH price has gone, if not for good then certainly for a very long time.', 'z2924h']]], ['u/SigsySigs', 'Can Bitcoin fail or face a lot of difficulty if mining difficulty gets too high and miners get priced out due to unprofitability (or some other cause)?', 23, '2022-11-23 01:28', 'https://www.reddit.com/r/BitcoinBeginners/comments/z2a6it/can_bitcoin_fail_or_face_a_lot_of_difficulty_if/', "Hi all - I just posted this over on r/Bitcoin, but hopefully can get some insight from here too.\n\nApologies for the long post, but I'm just doing some thought experiments and this was one of them. I don't have enough knowledge about the mining side of BTC to go through with this, but my question is pretty much the title and I'd like to see what others think and hopefully some reasonings on why this isn't an issue.\n\nBelow are some assumptions behind the reasoning of this thought. I understand the chances are incredibly low for all of these things happening, but I'm still curious to know and I think it would be a good discussion. I'm also aware of the difficulty adjustment, per point 4, but bear with me. So, I'm assuming:\n\n1. BTC price stays low/suppressed\n2. Miners get priced out due to unprofitability\n3. A lot (and I mean a lot) of miners stop mining within a short time horizon to prevent further losses (i.e. multiple large mining pools stop mining)\n4. So much so that there are far too many blocks until the next difficulty adjustment\n5. Now there are a fraction of the miners left on the network tasked with solving blocks, but the hash rate has been reduced heavily, resulting in a disproportioned difficulty level to hash rate\n6. Blocks are then solved incredibly slowly and require a heavy amount of energy input and cost to solve, still resulting in a potential loss (even if we assume miners would receive a higher subsidy)\n 1. Said another way, I'm assuming that although less miners would be entitled to more of the block rewards (aka would make it more profitable for them), this increase in rewards is offset by the large increase in cost to solve the block, removing any additional profitability and keeping them in a loss position\n\nThis then leads me to a few question:\n\n1. What the title is asking\n2. Is the mining difficulty adjustment calculation weighted more towards the near term and would it help solve this issue (after slowly solving the remaining blocks well above the desired average 10 minute blocktime)?\n 1. I'd appreciate any good resources on learning about the difficulty adjustment\n3. Can something like this be mitigated?\n4. Is it crucially important for the average block to be solved every 10 minutes? What happens if became one block per hour or worse than that?\n 1. I would think this is important as it helps preserve the security of the network and to keep the costs to attack the network high via double spending or making a longer manipulated chain\n\nThat's the extent of my thoughts and questions. I'm no expert (probably clear to some of you haha), but wanted to ask anyway. Thanks!", 'https://www.reddit.com/r/BitcoinBeginners/comments/z2a6it/can_bitcoin_fail_or_face_a_lot_of_difficulty_if/', 'z2a6it', [['u/Astropin', 31, '2022-11-23 01:55', 'https://www.reddit.com/r/BitcoinBeginners/comments/z2a6it/can_bitcoin_fail_or_face_a_lot_of_difficulty_if/ixfemp8/', 'Simple answer...as "unprofitable" miners go offline, "profitable" miners come online. There will never be a point where mining is completely unprofitable by all miners.', 'z2a6it'], ['u/sciencetaco', 20, '2022-11-23 02:23', 'https://www.reddit.com/r/BitcoinBeginners/comments/z2a6it/can_bitcoin_fail_or_face_a_lot_of_difficulty_if/ixfi30y/', 'As a practical example: In June 2021, more than 40% of mining hash rate went rapidly offline due to a crackdown in China. The network kept going just fine. Block times were longer than a 10 minute average (inconvenient for users but not a big deal really) until the difficulty adjustment kicked in.\n\nIn a hypothetical extreme scenario (where something like 99% of miners go offline and the remaining blocks until the next difficulty adjustment are impracticable to mine), the network can be forked to a lower difficulty to keep it running. The system is just code and code can be changed. We just need to agree on the change.', 'z2a6it']]], ['u/CognizantSynapsid', 'Set It and Forget It', 75, '2022-11-23 01:30', 'https://www.reddit.com/r/CryptoCurrency/comments/z2a7mg/set_it_and_forget_it/', 'For the next 2 years, I will spend $3/hour auto purchasing BTC via Strike. Every week I’ll push the week’s worth of BTC to my ledger and reload my account, limiting my exchange/third party exposure to just over $500 at any given time while minimizing fees. That is all.\n\nFrom what I can tell SwanBTC is another good platform for this purpose. Compared to Strike it is less work but higher fees. SwanBTC offers a true set it and forget it mode for those who really want to check out. Ultimately I’m ok with checking in weekly with Strike as it has the lowest fees I’ve come across.\n\nHope this helps some folks looking to DCA into BTC\n\nEdit: I have info about the nitty gritty costs and criteria I used to choose services in this [old post](https://www.reddit.com/r/CryptoCurrency/comments/vn8dpm/best_services_for_btc_dca/?utm_source=share&utm_medium=ios_app&utm_name=iossmf) I made a few months back', '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 massive international fraud sting has brought down a website described as an ‘online fraud shop’ by UK police (Dominic Lipinski/PA) (PA Wire) The UK’s biggest ever fraud sting has brought down a phone number spoofing site used by criminals to scam thousands of victims out of millions of pounds. Members of British law enforcement were part of a global operation to bring down ispoof.cc, a website described by police as an online fraud shop. They worked with Dutch law enforcement who managed to tap the website’s servers in the Netherlands to secretly listen to phone calls. At one point as many as 20 people every minute were being targeted by callers using technology bought from the site. Criminals, who found out about the site from adverts posted on channels on encrypted messaging app Telegram, used it to buy technology that allowed them to mask their phone number. This meant they could trick victims into thinking they were being contacted by their bank and persuade them to pass on personal details that allowed the fraudsters to steal cash. One victim lost £3 million and the average loss among the 4,785 people who have reported being targeted to Action Fraud is £10,000. There are thought to be many more potential victims. Of 10 million fraudulent calls made, 40% were in the United States, 35% were in the UK and the rest were spread across a number of countries. Around 70,000 UK phone numbers called by criminals who used the site will be alerted by the Metropolitan Police via text message on Thursday and Friday and asked to contact the force. So far 120 arrests have been made – 103 in London and 17 outside the capital. These include alleged site administrator Teejay Fletcher, 35, who was arrested in east London earlier this month and is facing criminal charges. Police said Fletcher, who is alleged to be a member of an organised crime group, was living a “lavish” lifestyle. The site is said to have made more than £3 million profit. Metropolitan Police Commissioner Sir Mark Rowley said the number of potential UK victims was “extraordinary”, adding: “What we are doing here is trying to industrialise our response to the organised criminals’ industrialisation of the problem.” Story continues Ispoof was created in December 2020 and at its peak had 59,000 users, allowing them to pay for the criminal software using Bitcoin, with charges ranging from £150 to £5,000 per month. UK police began investigating the site in June 2021, opting for ispoof as the largest criminal site that was based in the country. Detective Superintendent Helen Rance, who leads on cyber crime for the Met, said: “By taking down ispoof we have prevented further offences and stopped fraudsters targeting future victims. “Our message to criminals who have used this website is we have your details and are working hard to locate you, regardless of where you are.”', 'A massive international fraud sting has brought down a website described as an ‘online fraud shop’ by UK police (Dominic Lipinski/PA) (PA Wire) The UK’s biggest ever fraud sting has brought down a phone number spoofing site used by criminals to scam thousands of victims out of millions of pounds. Members of British law enforcement were part of a global operation to bring down ispoof.cc, a website described by police as an online fraud shop. They worked with Dutch law enforcement who managed to tap the website’s servers in the Netherlands to secretly listen to phone calls. At one point as many as 20 people every minute were being targeted by callers using technology bought from the site. Criminals, who found out about the site from adverts posted on channels on encrypted messaging app Telegram, used it to buy technology that allowed them to mask their phone number. This meant they could trick victims into thinking they were being contacted by their bank and persuade them to pass on personal details that allowed the fraudsters to steal cash. One victim lost £3 million and the average loss among the 4,785 people who have reported being targeted to Action Fraud is £10,000. There are thought to be many more potential victims. Of 10 million fraudulent calls made, 40% were in the United States, 35% were in the UK and the rest were spread across a number of countries. Around 70,000 UK phone numbers called by criminals who used the site will be alerted by the Metropolitan Police via text message on Thursday and Friday and asked to contact the force. So far 120 arrests have been made – 103 in London and 17 outside the capital. These include alleged site administrator Teejay Fletcher, 35, who was arrested in east London earlier this month and is facing criminal charges. Police said Fletcher, who is alleged to be a member of an organised crime group, was living a “lavish” lifestyle. The site is said to have made more than £3 million profit. Metropolitan Police Commissioner Sir Mark Rowley said the number of potential UK victims was “extraordinary”, adding: “What we are doing here is trying to industrialise our response to the organised criminals’ industrialisation of the problem.” Story continues Ispoof was created in December 2020 and at its peak had 59,000 users, allowing them to pay for the criminal software using Bitcoin, with charges ranging from £150 to £5,000 per month. UK police began investigating the site in June 2021, opting for ispoof as the largest criminal site that was based in the country. Detective Superintendent Helen Rance, who leads on cyber crime for the Met, said: “By taking down ispoof we have prevented further offences and stopped fraudsters targeting future victims. “Our message to criminals who have used this website is we have your details and are working hard to locate you, regardless of where you are.”', 'Good morning. Here’s what’s happening: Prices: A day before the U.S. Thanksgiving weekend, bitcoin was trading up more than 2%. Insights: The CEO of crypto lending and borrowing platform Hexn.io , believes recent crypto debacles will leave the industry stronger. Prices CoinDesk Market Index (CMI) 837.24 +21.0 ▲ 2.6% Bitcoin (BTC) $16,568 +394.6 ▲ 2.4% Ethereum (ETH) $1,183 +49.5 ▲ 4.4% S&P 500 daily close 4,027.26 +23.7 ▲ 0.6% Gold $1,752 +15.0 ▲ 0.9% Treasury Yield 10 Years 3.71% ▼ 0.1 BTC/ETH prices per CoinDesk Indices ; gold is COMEX spot price. Prices as of about 4 p.m. ET FOMC Minutes Buoy Crypto Investors By James Rubin Bitcoin started celebrating the U.S. Thanksgiving holiday weekend a little early, rising 2.4% as investors savored the latest encouraging signs that the U.S. central bank would soon be ratcheting back its monetary hawkishness. The largest cryptocurrency by market capitalization was recently trading at about $16,560. With a couple of minor glitches, BTC has remained steadfast over $16,000 even as the fallout from crypto exchange FTX\'s collapse has widened. Ether was recently changing hands at $1,183, up 4.4% from Tuesday, same time. Most other major cryptos were recently in the green with LINK and UNI rising more than 5% and 3%, respectively. The CoinDesk Market Index (CDI), an index measuring cryptos\' performance, jumped more than 2%. Crypto prices dovetailed with equity markets, which closed higher Wednesday after minutes from the Federal Open Market Committee (FOMC) revealed that bank officials might be receptive to slowing interest rate increases from their recent diet of 75 basis point hikes. The tech-focused Nasdaq climbed about 1% and the S&P 500 and Dow Jones Industrial Average each rose a few fractions of a percentage point. Katie Stockton, founder and managing partner at strategy and research group Fairlead Strategies, told CoinDesk TV\'s First Mover program that bitcoin\'s price increases came amid "signs" of "short-term downside exhaustion." Story continues "Those are measurable for us, not just a feeling," Stockton said. "These are from some indicators we use on the technical front, and on the daily and weekly charts of bitcoin, we have counter trend signals that suggest we\'ll see stabilization, not a big relief rally, but stabilization for another few weeks." Insights A CEO Sees Pluses in Cryptos Recent Ruins By Shaurya Malwa and James Rubin The collapse of crypto exchange FTX and widening fallout have raised fundamental questions about the future of the crypto industry. Can users trust any projects to protect their assets? How low will prices sink? Yet Sergei Ivano, CEO at crypto lending and borrowing platform Hexn.io , believes the crisis will leave the industry stronger by weeding out weaker companies, encouraging others to be more transparent and fostering stronger regulatory efforts. “Recent events connected to FTX and Alameda Research (FTX’s research and trading arm) are positive for the whole industry because they have triggered deleverage,” Ivano said. “All weak and unprofitable businesses that have grown during (the)\xa0 bullish phase of 2020-2021 will face problems if they don’t understand risk-management and principles of dealing in a bearish market.” Ivano noted that markets are weak and that institutions are facing significant outflows. “Onchain metrics reveals that large and old addresses in Bitcoin and Ethereum continue to grow,” he said. “Customers don\'t trust centralized entities, choosing DeFi protocols instead and withdrawing their funds from centralized markets,” he added, but said this situation will change in the next several months,” when the current stressful period ends. He believes that the slapdash business practices and accounting procedures that enabled not only FTX’s implosion (and Chapter 11 bankruptcy protection filing but other debacles over the past six months, including the crumbling of the Terra ecosystem and Chapter 15 bankruptcy filing by crypto hedge fund Three Arrows Capital, will spur “more strict regulation.” “Regulators will require more information about the structure of balances of centralized exchanges and platforms,” Ivano said. Yet he also paused over some companies current efforts 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: 2022-11-24 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $318,755,733,725 - Hash Rate: 236949653.97082296 - Transaction Count: 254639.0 - Unique Addresses: 642832.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.20 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • US stocks fell on Monday as investors gear up for another Fed interest rate hike later this week. • Fed chair Jerome Powell is expected to hike rates by another 75 basis points at its FOMC meeting on Wednesday. • Investors also continue to focus on third-quarter earnings results. US stocks moved lower on Monday as investors get ready for another outsized interest rate hike from the Federal Reserve on Wednesday. Fed chairman Jerome Powell is expected to announced that the US central bank will raise rates by 75 basis points at its upcoming FOMC meeting in its bid to tame inflation that has been driven by higher wages, higher services prices, and higher commodity prices. After this Wednesday's meeting, the Fed is expected to hike interest rates by at least 50 basis points in December. Aside from more rate hikes, investors continue to focus on third-quarter earnings results, which have been mostly beating expectations. So far, 52% of S&P 500 companies have reported results, and of those companies, 72% are beating profit estimates by a median of 5%, according to data from Fundstrat. Here's where US indexes stood shortly after the 9:30 a.m. ET open on Monday: • S&P 500:3,877.54, down 0.6% • Dow Jones Industrial Average:32,738.39, down 0.38% (123.41 points) • Nasdaq Composite:11,018.18, down 0.75% Here's what else is happening this morning: • Investorsshouldn't expect the Fed to pivotaway from interest rate hikes before the start of 2023, according to a note from Barclays. • ButMorgan Stanley's Mike Wilson disagrees with Barclays' assessment,arguing in a note on Monday that the Fed could pivot sooner than expected, which would help boost the S&P 500 another 6% to 4,150. • Despite the strong rally in stocks this month, GMO'sJeremy Grantham is not convinced and still expects big downsideahead. The investor told the Wall Street Journal that holding cash remains a good idea. • Wheat futures jumped as much as 8% on Mondayafter Russia's withdrawal from a deal to export Ukrainian grain via the Black Sea threatened global food supplies. In commodities, bonds and crypto: • West Texas Intermediate crudeoil fell 1.54% to $86.55 per barrel.Brent crude, oil's international benchmark, fell 3.37% to $92.54. • Goldfell 0.42% to $1,637.90 per ounce. • The yield on the 10-year Treasury rose 3 basis points to 4.05%. • Bitcoin rose 0.85% to $20.702, while ether jumped 2.20% to $1,619. Read the original article onBusiness Insider... - Reddit Posts (Sample): [['u/OpticallyMosache', "I think I'm ready to buy ETH", 424, '2022-11-24 00:07', 'https://www.reddit.com/r/CryptoCurrency/comments/z33jbc/i_think_im_ready_to_buy_eth/', "I've held a pretty strong BTC conviction since November of last year. Cycled out of all my alts and landed on 100% BTC by the start of 2022. I've been DCAing ever since. Kind of had the plan to only buy BTC going forward. I had made my mind up that BTC was all a person needed. I still believe it's the essential decentralized, no counter party, digital asset worth owning.\n\nBut now that I've been exposed to more of the crypto community, I've warmed up to Ethereum. I think it helps to view it as an entirely different value proposition. I wouldn't argue which one is better. BTC is separately unique. ETH is the leader in POS and has value as the leading smart contract platform. POS could help it be viewed more favorably by regulators.\n\nWith that said, I think I'm ready to split my DCA with ETH. I am still worried about its long term regulatory threats and success in executing its various development stages but I don't think competing L1s will kill ETH. Also, I have the advantage of pivoting with the market since I'm constantly following crypto news. I would have adequate time to react to real threats compared to the passive investor.\n\nSo, should I start buying ETH? Is ETH the real deal?", 'https://www.reddit.com/r/CryptoCurrency/comments/z33jbc/i_think_im_ready_to_buy_eth/', 'z33jbc', [['u/vvb777', 33, '2022-11-24 00:09', 'https://www.reddit.com/r/CryptoCurrency/comments/z33jbc/i_think_im_ready_to_buy_eth/ixjp1ip/', 'Once you DCA into BTC and ETH you are safe', 'z33jbc'], ['u/MaeronTargaryen', 16, '2022-11-24 00:21', 'https://www.reddit.com/r/CryptoCurrency/comments/z33jbc/i_think_im_ready_to_buy_eth/ixjqk3o/', 'ETH is a very strong #2 so it’s one of the safest coins out here. Because it’ll be very deflationary in the next bull run, I believe that we’ll see something like 6-8k as a new ATH. ETH is definitely a great buy', 'z33jbc'], ['u/BlubberWall', 156, '2022-11-24 00:21', 'https://www.reddit.com/r/CryptoCurrency/comments/z33jbc/i_think_im_ready_to_buy_eth/ixjqlk8/', '> Is ETH the real deal?\n\nI mean just look at the project age, adoption, recognition, and usage. By what standard would it not be the real deal? Outside of BTC, nothing comes close to ETH', 'z33jbc'], ['u/Wonzky', 126, '2022-11-24 00:26', 'https://www.reddit.com/r/CryptoCurrency/comments/z33jbc/i_think_im_ready_to_buy_eth/ixjr7vk/', 'All eyes on OP to see what he does to prices', 'z33jbc'], ['u/OpticallyMosache', 37, '2022-11-24 00:26', 'https://www.reddit.com/r/CryptoCurrency/comments/z33jbc/i_think_im_ready_to_buy_eth/ixjrbzp/', 'There are aspects to it that seem scammy. Like how many shitcoins it makes possible. The various bridges and pools created to offer yield. The multi layer ecosystem that seems to allow for easier manipulation and hacks. Also, the push for becoming deflationary and POS. These changes are controversial and possibly have ulterior motives. For example, why does it seem they want the price to increase by reducing the supply if the goal of ETH is to use it?', 'z33jbc'], ['u/imod87', 16, '2022-11-24 00:30', 'https://www.reddit.com/r/CryptoCurrency/comments/z33jbc/i_think_im_ready_to_buy_eth/ixjrued/', 'Would wait for ETH to bottom. This is not the end of things.', 'z33jbc'], ['u/CrimsonFox99', 60, '2022-11-24 00:31', 'https://www.reddit.com/r/CryptoCurrency/comments/z33jbc/i_think_im_ready_to_buy_eth/ixjryt4/', "So you basically made the case that there are a wide range of possibilities with Eth, and it's really up to the creators and users how they can best make use of it. That doesn't seem like a negative as much as it defines Eth as a flexible solution to ever changing needs.\n\nNow people being greedy assholes, there is absolutely scammy shit to be on the lookout for.", 'z33jbc'], ['u/DroppedMyNft', 197, '2022-11-24 00:35', 'https://www.reddit.com/r/CryptoCurrency/comments/z33jbc/i_think_im_ready_to_buy_eth/ixjse5c/', 'I do 90% btc and 10% eth. I don’t touch anything else. This is not financial advice. I also eat crayons', 'z33jbc'], ['u/BlubberWall', 85, '2022-11-24 00:38', 'https://www.reddit.com/r/CryptoCurrency/comments/z33jbc/i_think_im_ready_to_buy_eth/ixjstvy/', '> Like how many shitcoins it makes possible\n\nI’d argue that’s just an aspect of decentralization. ETH provides a platform to build on, and yes people will build bad/scammy things. But people also build complete functional DEX’s and DAPPs. As a Bitcoiner I’m sure you’ve heard people claim all sorts of crime is easier or caused with BTC. It’s a similar vain, these projects provide a utility, it’s not on the project when people misuse it.\n\n>bridge protocols and pools\n\nHonestly I don’t disagree with you there, I don’t touch that stuff either. Again I would point to it being an aspect of decentralization, people can build what they want on the platform. I’m probably doing it an injustice and I’m sure there are some people building legit bridges and pools but it’s not for me either.\n\n>Multi-later ecosystem seems to allow for manipulation and hacks\n\nI’m honestly putting that on the L2’s for not taking longer with their internal testing. Functional L2’s could be looked at the same way as bitcoins own lightning network. I think L2’s will be the way of the future for it, but I don’t bother betting on which one wins out.\n\n> push to become deflationary and POS\n\nSo this isn’t as straightforward as that. ETH isn’t a capped coin, so it was originally set to just keep inflating. To combat that, a burn mechanism was created. This burn rate is not constant, some blocks are deflationary and some blocks aren’t. Right now it’s overall deflationary, but with increased usage that’s set to change. The end goal is something closer to a net zero than inflation or deflation, and is able to be adjusted to work with the network demand. Since it is a network, being permanently deflationary or inflationary would hurt it. Burning allows for more control. The POS piece is it’s own thing, ETH’s goal is being a widely used platform so to me it makes sense they want to reduce that platforms impact. It’s not like BTC where it’s value comes partially from it being tied to energy, it’s value is it’s platform and what it allows people to build. It’s the oil that fuels vs the gold in storage (BTC).\n\nI am by no means an expert on ETH either, but the utility it provides along with its recognition make it look like a unique project to me.', 'z33jbc'], ['u/PrinceZero1994', 10, '2022-11-24 00:38', 'https://www.reddit.com/r/CryptoCurrency/comments/z33jbc/i_think_im_ready_to_buy_eth/ixjsuty/', 'The only thing I diversified is my stress and losses.', 'z33jbc'], ['u/TruthSeeekeer', 18, '2022-11-24 00:46', 'https://www.reddit.com/r/CryptoCurrency/comments/z33jbc/i_think_im_ready_to_buy_eth/ixjtwu4/', 'Might not be as exciting as some shitcoins, but at least your money is as safe as it can be in crypto', 'z33jbc'], ['u/tbkrida', 33, '2022-11-24 00:51', 'https://www.reddit.com/r/CryptoCurrency/comments/z33jbc/i_think_im_ready_to_buy_eth/ixjuksh/', 'Funny I just converted all my ETH to Bitcoin a few days ago! lol', 'z33jbc'], ['u/Jeezus_Christe', 14, '2022-11-24 00:53', 'https://www.reddit.com/r/CryptoCurrency/comments/z33jbc/i_think_im_ready_to_buy_eth/ixjurq5/', 'Eventually ppl will primarily transact on ETH L2.', 'z33jbc'], ['u/GabeSter', 26, '2022-11-24 01:05', 'https://www.reddit.com/r/CryptoCurrency/comments/z33jbc/i_think_im_ready_to_buy_eth/ixjwbik/', 'Funny I converted all my btc to ETH.', 'z33jbc'], ['u/opst02', 30, '2022-11-24 01:08', 'https://www.reddit.com/r/CryptoCurrency/comments/z33jbc/i_think_im_ready_to_buy_eth/ixjwo1t/', '"He bought? Dump et"', 'z33jbc'], ['u/OpticallyMosache', 24, '2022-11-24 01:12', 'https://www.reddit.com/r/CryptoCurrency/comments/z33jbc/i_think_im_ready_to_buy_eth/ixjx98g/', 'Wonderful response. Thank you. Gives me more to think about.', 'z33jbc'], ['u/GibsonJ45', 17, '2022-11-24 01:18', 'https://www.reddit.com/r/CryptoCurrency/comments/z33jbc/i_think_im_ready_to_buy_eth/ixjxzt3/', 'Funny I converted all my crypto to gold and pinecones and went to live in the hills with Peter Schiff', 'z33jbc'], ['u/Wabi-Sabibitch', 461, '2022-11-24 01:28', 'https://www.reddit.com/r/CryptoCurrency/comments/z33jbc/i_think_im_ready_to_buy_eth/ixjz7w0/', "You're early, a normal person would be ready to buy ETH only after it's $4000.", 'z33jbc'], ['u/Mooncow027', 11, '2022-11-24 01:32', 'https://www.reddit.com/r/CryptoCurrency/comments/z33jbc/i_think_im_ready_to_buy_eth/ixjzr5j/', "Vitalik's name backwards is kilativ niretub. That's all the DD you need my friend.", 'z33jbc'], ['u/sayy0urprayers', 16, '2022-11-24 01:36', 'https://www.reddit.com/r/CryptoCurrency/comments/z33jbc/i_think_im_ready_to_buy_eth/ixk08kd/', 'I’m not sure how I managed to go all this time without buying a single bit of BTC or ETH, I need to start buying some soon man', 'z33jbc'], ['u/The_Chorizo_Bandit', 10, '2022-11-24 01:45', 'https://www.reddit.com/r/CryptoCurrency/comments/z33jbc/i_think_im_ready_to_buy_eth/ixk1crj/', 'If you’re genuinely asking this sub for advice it’s probably time to exit crypto for your own safety.', 'z33jbc'], ['u/jb_in_jpn', 88, '2022-11-24 01:56', 'https://www.reddit.com/r/CryptoCurrency/comments/z33jbc/i_think_im_ready_to_buy_eth/ixk2t5d/', 'Ok, but is that dietary advice?', 'z33jbc'], ['u/Alanski22', 10, '2022-11-24 01:57', 'https://www.reddit.com/r/CryptoCurrency/comments/z33jbc/i_think_im_ready_to_buy_eth/ixk2xr3/', 'I think it’s absolutely worth splitting between ETH and BTC. The fact of the matter is that you cannot 100% guarantee either will make it. By buying the top two which are totally different coins/propositions you split the risk. If either succeed in being what they aim to be, the returns will be massive and will make up for any possible losses on the other. Personally I th... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['(Bloomberg) -- Matrixport Technologies Pte, one of Asia’s biggest crypto lenders, is targeting $100 million in funding at a higher valuation, even as the fall of FTX reverberates across the digital asset market. Most Read from Bloomberg Scientists Revive 48,500-Year-Old ‘Zombie Virus’ Buried in Ice Banks Stuck With $42 Billion Debt Seize Chance to Offload It These Are the Best and Worst Cities for Expats to Live and Work In Apple to Lose 6 Million iPhone Pros From Tumult at China Plant This Is Where Luxury Property Prices May Rise and Fall the Most in 2023 The Singapore outfit has commitments from lead investors for $50 million at a valuation of $1.5 billion in the round, up from $1 billion a year earlier, according to people familiar with the matter. The deal has yet to be finalized and the company is still seeking investors for the other half of the round, said the people, asking not to be identified discussing private information. It’s not immediately clear who the round’s lead investors are. “Matrixport routinely engages with key stakeholders as part of its normal course of business, including investors keen to participate and enable our vision as a digital assets financial services provider,” the company’s public relations head Ross Gan said, confirming the fundraising plan. Matrixport, founded by crypto billionaire Wu Jihan, belongs to a class of firms trying to bring a familiar Wall Street formula to the virtual-asset landscape. It offers crypto financial services from custody to trading and structured products -- to both institutional and retail customers. In Asia, it competes with firms like Babel Finance, which is restructuring after taking hits from this year’s crypto meltdown, and Temasek Holdings Pte.-backed Amber Group. Investors have been burned by a series of high-profile crypto failures in recent months, sparking fresh concern over loose regulation of the industry and a lack of guardrails to protect client assets. In the aftermath of FTX’s collapse, Matrixport said this month it has no risk of insolvency with respect to Sam Bankman-Fried’s empire, but dozens of its customers incurred losses via exposure to FTX-linked products on its platform. Story continues Matrixport says it handles $5 billion of trades each month and has tens of billions of dollars of assets under management and custody, according to an investor deck viewed by Bloomberg News. The firm employs close to 300 people, it says. Wu, the co-founder of crypto-mining behemoth Bitmain Technologies Ltd., turned his second venture into a unicorn last summer, when Matrixport raised more than $100 million from backers including DST Global and Tiger Global. Matrixport also counted IDG Capital and Dragonfly Capital as investors. Wu spun Matrixport off from Bitmain in 2019, after the world’s largest maker of Bitcoin mining rigs ran into a cash crunch. The Chinese crypto mogul now serves as chairman of Matrixport and his mining firm Bitdeer Technologies Holding Co. Read More: Crypto Firm Amber Seeks $100 Million Funds at ‘Flat’ Valuation Most Read from Bloomberg Businessweek Car Price Divergence Hints at More Painful Inflation Ahead Tesla’s Lithium Lead at Risk as Rivals Make Supply Deals How to Keep Your Investments Halal More Men Are Staying Out of the Workforce to Care for Kids Apple’s Reliance on China Grows Perilous With Chaos in iPhone City ©2022 Bloomberg L.P.', '(Bloomberg) -- Matrixport Technologies Pte, one of Asia’s biggest crypto lenders, is targeting $100 million in funding at a higher valuation, even as the fall of FTX reverberates across the digital asset market. Most Read from Bloomberg Scientists Revive 48,500-Year-Old ‘Zombie Virus’ Buried in Ice Banks Stuck With $42 Billion Debt Seize Chance to Offload It These Are the Best and Worst Cities for Expats to Live and Work In Apple to Lose 6 Million iPhone Pros From Tumult at China Plant This Is Where Luxury Property Prices May Rise and Fall the Most in 2023 The Singapore outfit has commitments from lead investors for $50 million at a valuation of $1.5 billion in the round, up from $1 billion a year earlier, according to people familiar with the matter. The deal has yet to be finalized and the company is still seeking investors for the other half of the round, said the people, asking not to be identified discussing private information. It’s not immediately clear who the round’s lead investors are. “Matrixport routinely engages with key stakeholders as part of its normal course of business, including investors keen to participate and enable our vision as a digital assets financial services provider,” the company’s public relations head Ross Gan said, confirming the fundraising plan. Matrixport, founded by crypto billionaire Wu Jihan, belongs to a class of firms trying to bring a familiar Wall Street formula to the virtual-asset landscape. It offers crypto financial services from custody to trading and structured products -- to both institutional and retail customers. In Asia, it competes with firms like Babel Finance, which is restructuring after taking hits from this year’s crypto meltdown, and Temasek Holdings Pte.-backed Amber Group. Investors have been burned by a series of high-profile crypto failures in recent months, sparking fresh concern over loose regulation of the industry and a lack of guardrails to protect client assets. In the aftermath of FTX’s collapse, Matrixport said this month it has no risk of insolvency with respect to Sam Bankman-Fried’s empire, but dozens of its customers incurred losses via exposure to FTX-linked products on its platform. Story continues Matrixport says it handles $5 billion of trades each month and has tens of billions of dollars of assets under management and custody, according to an investor deck viewed by Bloomberg News. The firm employs close to 300 people, it says. Wu, the co-founder of crypto-mining behemoth Bitmain Technologies Ltd., turned his second venture into a unicorn last summer, when Matrixport raised more than $100 million from backers including DST Global and Tiger Global. Matrixport also counted IDG Capital and Dragonfly Capital as investors. Wu spun Matrixport off from Bitmain in 2019, after the world’s largest maker of Bitcoin mining rigs ran into a cash crunch. The Chinese crypto mogul now serves as chairman of Matrixport and his mining firm Bitdeer Technologies Holding Co. Read More: Crypto Firm Amber Seeks $100 Million Funds at ‘Flat’ Valuation Most Read from Bloomberg Businessweek Car Price Divergence Hints at More Painful Inflation Ahead Tesla’s Lithium Lead at Risk as Rivals Make Supply Deals How to Keep Your Investments Halal More Men Are Staying Out of the Workforce to Care for Kids Apple’s Reliance on China Grows Perilous With Chaos in iPhone City ©2022 Bloomberg L.P.', 'Bitcoin traded little changed Friday morning in Asia, while Ether rose amid a mixed performance by the top 10 non-stablecoin cryptocurrencies by market capitalization. XRP was the biggest winner ahead of deadlines for filing briefs in the lawsuit between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs Inc. Ripple’s payment network is powered by XRP.\nSee related article:Who is exposed to FTX? A running compilation on a rapidly moving target\n• Bitcoin dipped 0.1% to US$16,603 in the 24 hours to 8 a.m. in Hong Kong, while Ether rose 1.7% to trade at US$1,203,according to CoinMarketCap.\n• Ether’s gains come despite some concerns about the lack of a date for Ethereum’s next network upgrade, known as “Shanghai,” the first major update for the network after the “Merge” in September to a proof-of-stake verification method.\n• XRP rose 5.6% to US$0.40, proving to be one of the more resilient tokens amid the market volatility following the collapse of crypto exchange FTX.com. Nov. 30 is thedate for boththe SEC and Ripple to file summary judgments in the court case brought by the SEC against Ripple. Both parties are set to meet on Dec. 2 to discuss case redactions.\n• Solana gained 1.6% to US$14.58, marking gains of 6.9% for the past seven days. This rebound follows the battering the token took in the days following the collapse of FTX’s brokerage arm Alameda Research, which sold large quantities of their holdings in Solana to try to stay afloat.\n• Litecoin fell 0.3% to US$78.76, bringing a consecutive run up to an end, but is still up 26.1% in the past seven days, making it the strongest performer on the list over that time. Litecoin is expected to undergo its third mining reward halving in eight months, which will slow the pace of the token’s supply by half.\n• U.S. equities were closed on Thursday for the Thanksgiving holiday and will be opening again for an abbreviated session ending at 1 p.m. Eastern Time on Nov. 25.\nSee related article:Crypto exchange Bybit establishes US$100 million fund to aid institutional clients', 'Bitcoin traded little changed Friday morning in Asia, while Ether rose amid a mixed performance by the top 10 non-stablecoin cryptocurrencies by market capitalization. XRP was the biggest winner ahead of deadlines for filing briefs in the lawsuit between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs Inc. Ripple’s payment network is powered by XRP.\nSee related article:Who is exposed to FTX? A running compilation on a rapidly moving target\n• Bitcoin dipped 0.1% to US$16,603 in the 24 hours to 8 a.m. in Hong Kong, while Ether rose 1.7% to trade at US$1,203,according to CoinMarketCap.\n• Ether’s gains come despite some concerns about the lack of a date for Ethereum’s next network upgrade, known as “Shanghai,” the first major update for the network after the “Merge” in September to a proof-of-stake verification method.\n• XRP rose 5.6% to US$0.40, proving to be one of the more resilient tokens amid the market volatility following the collapse of crypto exchange FTX.com. Nov. 30 is thedate for boththe SEC and Ripple to file summary judgments in the court case brought by the SEC against Rippl **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-11-25 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $316,865,918,256 - Hash Rate: 225928739.8326452 - Transaction Count: 258341.0 - Unique Addresses: 640008.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.20 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The Aptos blockchain mainnet launched last night, but the long-awaited debut was not without its challenges. "It's exciting to finally bring Aptos to mainnet," Aptos co-founder Mo Shaikh tweeted. "Acknowledged that it could have gone better." On the technical front, Shaikh explained that the Aptos genesis occurred on October 12, 2022, with 102 validators to secure the network. "These validators have gone through extensive testing ahead of mainnet," he said. Before the mainnetlaunch, Aptos boasted an astonishing 130,000 transactions per second (TPS) but, at launch, was reported to have a transaction per second speed of seven TPS—less than the Bitcoin blockchain. "The majority of these transactions are not actual transactions," wrote aspiring “Twitter VC ghostwriter" @ParadigmEng420. "They are merely validators communicating and setting block checkpoints and writing metadata to the blockchain." Shaikh says the low TPS is not representative of the network's capacity and was "the network idling ahead of projects coming online, saying the transactions per second number should increase with more activity. Shaikh then turned his attention to the issue of Aptos' tokenomics, a facet that had drawn considerable questions and concerns following the launch. Shaikh said Aptos tokens are "designed with people at the core," and published a chart listing the four categories of token distribution and what percentage and amount of initial tokens each would receive. According to Shaikh, many of the tokens included those allocated to the community, with foundation categories staked at the time of the Aptos genesis. He explained that everyone who subsequently stakes would receive a pro-rata staking reward (~7% per yr) that would unlock every 30 days. Not everyone was impressed. "Locked tokens are a meme if they're used to farm and dump rewards," tweeted crypto analyst @AkadoSang, calling locking and staking tokens "a sneaky way to get liquidity since backers usually hold [a] great deal of supply." In addition to the mainnet launch, Binance, FTX, and OKX said they are launching perpetual contracts using the Aptos APT token an hour after it startedtrading. Perpetual futures contracts allow traders to bet against the price of an asset. Crypto podcaster Cobie was not impressed with the FTX and Binance listings news, asking how a spot market can operate if traders don't know the emissions schedule or total supply of coins. Finally, addressing concerns about the brief unavailability of channels in the Aptos Discord server, Shaikh said the service was muted to protect community safety. "Most projects mute channels due to the high amount of scams," he said. "Community safety is a high priority." Shaikh says that despite the hiccups at launch, multiple applications will go live over the next few days. "Building a decentralized protocol from the ground up is tough!" Shaikh said. "Aptos is fortunate to have a fantastic community that's constantly evolving together."... - Reddit Posts (Sample): [['u/nimarama72', "Who's in Bitcoin for the tech..?", 122, '2022-11-25 00:07', 'https://www.reddit.com/r/Bitcoin/comments/z3xd5m/whos_in_bitcoin_for_the_tech/', "Who's in it for the tech..?", 'https://www.reddit.com/r/Bitcoin/comments/z3xd5m/whos_in_bitcoin_for_the_tech/', 'z3xd5m', [['u/Mr_P_Nissaurus', 183, '2022-11-25 00:27', 'https://www.reddit.com/r/Bitcoin/comments/z3xd5m/whos_in_bitcoin_for_the_tech/ixo5r8l/', 'I\'m in it for: \n1. Fuck the central banks \n2. I can "take it with me" though any airport or border crossing, undetected \n3. Inflation-proof \n4. Confiscation-proof \n5. Huge value potential as fiat currency dies', 'z3xd5m'], ['u/Scrapin-Nee', 39, '2022-11-25 01:41', 'https://www.reddit.com/r/Bitcoin/comments/z3xd5m/whos_in_bitcoin_for_the_tech/ixoe5oc/', 'Got into it for the money. \nStayed for the revolution.', 'z3xd5m'], ['u/Ok_Computer1417', 24, '2022-11-25 02:19', 'https://www.reddit.com/r/Bitcoin/comments/z3xd5m/whos_in_bitcoin_for_the_tech/ixoiap0/', 'There are two types of people that hold BTC.\n\n1. Those that admit they want to be richer on day.\n\n2. Liars.', 'z3xd5m'], ['u/ProfessorPurrrrfect', 34, '2022-11-25 02:55', 'https://www.reddit.com/r/Bitcoin/comments/z3xd5m/whos_in_bitcoin_for_the_tech/ixomb4f/', 'Don’t forget imperishable, divisible, and easily transferred and transported across time and space', 'z3xd5m'], ['u/Boe_Ning', 12, '2022-11-25 03:07', 'https://www.reddit.com/r/Bitcoin/comments/z3xd5m/whos_in_bitcoin_for_the_tech/ixonnoo/', 'Describe the "tech" you\'re referring to. In detail, please.', 'z3xd5m']]], ['u/KingAdmirable6780', 'My 0.8 btc is now worth 0.4 btc', 19, '2022-11-25 00:19', 'https://www.reddit.com/r/cro/comments/z3xmk1/my_08_btc_is_now_worth_04_btc/', 'This was a bad trade, traded all my btc for cro and now it is halved. Thinking of trading back to btc because this is not fun anymore. The lower cro goes the higher the sellpreasure because of the reward selling (spotify,netflix,cashback). Will there be a new wave of card stakers that will eat up the supply and pump the price like in 2020 and in 2021? Should I sell for btc?', 'https://www.reddit.com/r/cro/comments/z3xmk1/my_08_btc_is_now_worth_04_btc/', 'z3xmk1', [['u/rocasv', 16, '2022-11-25 01:18', 'https://www.reddit.com/r/cro/comments/z3xmk1/my_08_btc_is_now_worth_04_btc/ixobl2a/', 'Why in the would would ANYONE trade their BTC for CRO!?!?!?!!?!?!! This is a joke, right?', 'z3xmk1'], ['u/imlikeuuuhhhwhatdude', 19, '2022-11-25 01:24', 'https://www.reddit.com/r/cro/comments/z3xmk1/my_08_btc_is_now_worth_04_btc/ixoc8lv/', 'Cards are not worth staking for anymore lol. Ofc if they bring back the old rewards and promote them then yeah maybe they get some customers back. I doubt it will happen until 2024 though. \n\nRn is a good time to stack BTC and ETH only in my opinion. Alts have potential to go down another 30-50% from here if BTC domination goes higher. So like 0.02-0.04$ CRO is good price to buy', 'z3xmk1'], ['u/Snoo94719', 19, '2022-11-25 03:52', 'https://www.reddit.com/r/cro/comments/z3xmk1/my_08_btc_is_now_worth_04_btc/ixosj6n/', 'BTC has dropped quite a bit too 24k-16k recently hang in there it’ll go up', 'z3xmk1'], ['u/Eraldorh', 14, '2022-11-25 09:38', 'https://www.reddit.com/r/cro/comments/z3xmk1/my_08_btc_is_now_worth_04_btc/ixpn9e1/', 'Good idea buy high sell low, what could go wrong. This is the way.\n\nWere in a crypto winter stop watching it and leave it alone or buy more and lower your average so that when it does recover along with the rest of the market you get profit. Or carry out your stupid idea and lose money.', 'z3xmk1']]], ['u/bobcatjamaica', 'Coinbase posts evidence finally proving that Binance is a washtrading bucketshop exchange. Coinbase has 2M BTC vs Binances 500k BTC. Binance uses paper coins, fractional reserves and washtrading bots to cheat their customers.', 134, '2022-11-25 01:13', 'https://www.reddit.com/r/btc/comments/z3yro1/coinbase_posts_evidence_finally_proving_that/', "Coinbase has 2M BTC, yet loses money every quarter. Meanwhile Binance has 25% of that amount and is spending like crazy, ads everywhere, wasting money on dumb stuff. Exactly like FTX did. Where is this money coming from?\n\nCoinbase company is only valued at 10B. They lose money every quarter, yet have more crypto and trading than any other exchange, its not even close. They are the real crypto exchange leader. \n\nAnd they have finally provided evidence that Binance is washtrading their exchange volume. Binance has max 25% of Coinbases volume, yet they fake their numbers to make it seem higher. Probably with fractional reserves and washtrading bots.\n\nThey even do promotions like 0 trading fees, to attract more funds, so how exactly are they even making money?\n\nMost likely they directly trade against their customers. Additionally they likely are running some kind of ponzi like FTX did. **They dont need to charge trading fees to make their money, since they just want user deposits in order to sell their users' crypto for cash, and then gamble with the proceeds**. \n\nThis is a ticking time bomb.\n\nSource: \n\n>If you see FUD out there - remember, our financials are public (we're a public company) https://s27.q4cdn.com/397450999/files/doc_financials/2022/q3/Q32022-Shareholder-Letter.pdf\n\nhttps://twitter.com/brian_armstrong/status/1595126123439923200\n\n>We hold ~2M BTC. ~$39.9B worth as of 9/30 (see our 10Q)\n\nhttps://twitter.com/brian_armstrong/status/1595126425371414528\n\nEdit: As an example past 24 hour trading volume on the BTC trading pairs on is Binance is 5.57B and on Coinbase its just 387M. These numbers are bullshit...", 'https://www.reddit.com/r/btc/comments/z3yro1/coinbase_posts_evidence_finally_proving_that/', 'z3yro1', [['u/bobcatjamaica', 12, '2022-11-25 02:14', 'https://www.reddit.com/r/btc/comments/z3yro1/coinbase_posts_evidence_finally_proving_that/ixohubz/', 'Supposedly in the past 24 hours Binance have 15x or 1500% more BTC trading volume than Coinbase, while having only 25% of the amount of BTC held on Coinbase. \n\nSame story we have seen since the days of MTGox, then Chinese exchanges, Bitfinex, Coinflex, FTX, and more. Fake volume. Fractional reserves.', 'z3yro1'], ['u/bobcatjamaica', 15, '2022-11-25 02:50', 'https://www.reddit.com/r/btc/comments/z3yro1/coinbase_posts_evidence_finally_proving_that/ixolpxn/', 'Ye and somehow Binance still outspends Coinbase by a massive amount. So where is that money coming from? FTX we now know was spending all their user funds and operating on fractional reserves. Seems likely Binance is doing the same thing.\n\nThey intentionally make no money on fees, because they just want more customer deposits to embezzle .1% fee or 100% loss of funds, your choice.', 'z3yro1'], ['u/ipassedthe65', 26, '2022-11-25 03:43', 'https://www.reddit.com/r/btc/comments/z3yro1/coinbase_posts_evidence_finally_proving_that/ixorj0r/', "I'm not sure if it's a ticking Time bomb but what you're posting is indeed accurate\n\nMany of us have wondered how long tether can stay solvent. Well they are still in business even though a lot of us thought they were going to blow up in 2018", 'z3yro1'], ['u/mattt7', 14, '2022-11-25 04:04', 'https://www.reddit.com/r/btc/comments/z3yro1/coinbase_posts_evidence_finally_proving_that/ixotsx9/', 'Can you spell out for me the referenced "evidence finally proving that Binance is a washtrading bucketshop exchange"?', 'z3yro1'], ['u/fapthepolice', 15, '2022-11-25 06:02', 'https://www.reddit.com/r/btc/comments/z3yro1/coinbase_posts_evidence_finally_proving_that/ixp6axg/', 'I\'d never recommend that anyone puts his money on an exchange, because even 1% risk of insolvency is too much to take when you can just control your own crypto.\n\nBut if I had to gamble on a 50/50 betting site, I\'d bet that Binance can back all user deposits rather than the opposite.\n\nThat\'s different than saying that Binance is actually keeping them 1:1, or that they aren\'t doing shady practices.\n\nHaving 10% of BTC\'s total supply on Coinbase marks the complete failure of your average Joe to take personal responsibility, but my assumption is that a lot of the BTC comes from large-scale institutional investors, who never touch the money and just leave it there because Coinbase is regulated, and their institution is regulated, and this is the best option for them when you consider the regulatory framework under which they operate.\n\nMeanwhile retail would much prefer to gamble on BSC shitcoins. Also Binance is just nicer to use for people outside of the US. So I really don\'t see any "evidence" here. Just the difference in userbase on full on display.', 'z3yro1'], ['u/UltraHyperDonkeyDick', 11, '2022-11-25 08:51', 'https://www.reddit.com/r/btc/comments/z3yro1/coinbase_posts_evidence_finally_proving_that/ixpk12u/', "At the risk of being downvoted and driven out of town. I can see this whole CZ vs X has become quite polarised. Whatever CZ intent was, I don't know... I nolonger trust any of the fuckers.\n\nHowever, it is not concrete evidence to point at an organizations financial report as evidence their finances are indeed in good order - not on its own. It is self referential. To be clear, I am not saying they aren't. The problem I have here is that, while the report says they hold so much bitcoin in reserves or whatever, they don't show it.\n\nHaven't publicly traded companies fudged their financial reports in the past.\n\nHow can you point at that report and say they do infact hold that much in bitcoin, without seeing the addresses that relate to those holdings and are clearly owned by Coinbase?\n\nA tweet, on its own, is not evidence either.", 'z3yro1']]], ['u/kisstheraino', 'Allright. Now that Coinbase has "dropped the mic" can some some of you calm down already?', 511, '2022-11-25 01:48', 'https://www.reddit.com/r/CryptoCurrency/comments/z3zgsw/allright_now_that_coinbase_has_dropped_the_mic/', "[So Coinbase went into crypto-rap-b... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['The S&P 500 traded higher in a holiday-shortened week on Wall Street as investors cheered a more dovish tone from the Federal Reserve.\nOn Wednesday, the Federal Open Market Committee released its Novembermeeting minutes, and the Fed\'s language suggests it will likely opt to dial back the pace of its interest rate hikes to 0.5% in December. The Fed said slower interest rate hikes will "likely soon be appropriate" and could "reduce the risk of instability in the financial system."\nWalt Disney announced last Sunday that it will be replacing CEO Bob Chapek with former CEOBob Iger, news that sent Disney shares higher by 6% on Monday. Chapek replaced Iger as CEO in early 2020 but has faced criticism over Disney\'s rising costs and poor share price performance.\nBitcoin prices dropped to new two-year lows under $15,500 on Tuesday over ongoing concerns the bankruptcy of cryptocurrency exchange FTX could trigger contagion in the crypto market. New York Gov. Kathy Hochul also signed anew lawon Tuesday that bans carbon-based Bitcoin mining in the state for at least two years.\nRetailers kicked off the critical holiday shopping season with Black Friday sales on Friday. Adobe estimates online shoppers will spend$34.8 billionduring the five-day stretch from Thanksgiving Day through Cyber Monday, up 2.8% from a year ago.\nDick\'s Sporting Goods shares jumped more than 10% on Wednesday after the retailer reported third-quarter earnings, revenue and same-store sales that exceeded analyst expectations.\nIn the week ahead, third-quarter earnings season continues with reports from Pinduoduo on Monday, Hewlett Packard Enterprise on Tuesday and XPeng and Salesforce on Wednesday.\nSo far in the third quarter, S&P 500 companies have reported their lowest earnings growth in two years, according toFactSet.\nFollowing the encouraging Fed minutes, investors will get more key economic updates on Wednesday when Fed Chair Jerome Powell delivers a speech at the Brookings Institution and on Friday when the U.S. Labor Department releases its November jobs report.\nBenzingais a financial news and data company headquartered in Detroit.\nThis article originally appeared on Detroit Free Press:Fed outlook leaves investors feeling a bit more thankful', "Dubai, United Arab Emirates--(Newsfile Corp. - November 26, 2022) - Visitors can now sell Bitcoin in Dubai thanks to the innovative services offered by SBID. With the launch of this service, consumers will be able to sell Bitcoin (BTC) for cash. SBID, a reputable crypto OTC in Dubai, wishes to expand its crypto exposure in the city.\nDubai, the business center of the United Arab Emirates and also the middle east region, increases its importance in decentralized finance namely cryptocurrencies. With the continuous implementation of crypto-friendly licenses and regulations, Dubai's role in digital currencies increased. The creation of new business fields made the demand for crypto and blockchain services an obvious necessity. Since 2020 the crypto boom period, other traditional businesses wanted to try themselves in the crypto space as well. With the emergence of new crypto-friendly companies, the demand for dealers such as SBID has increased. Now anyone cansell Bitcoin (BTC) in Dubaiby visiting an office in the city center.\nAs a response to consumer and business demand, the SBID crypto OTC decided to allow users to sell bitcoin. The services are being offered with the intention of facilitating cryptocurrency transactions, according to SBID. The website claims that selling BTC for cash now takes only a few minutes.\nIt is possible to get cash in various currencies. SBID enables crypto enthusiasts to sell BTC\xa0and get AED (United Arab Emirates Dirham), USD (US dollar), EUR (EURO), and some other currencies.\nSteps to sell Bitcoin (BTC) in Dubai\nSBID functions as a cryptocurrency over-the-counter store in Dubai's Business Bay. To deliver the service to the customer, all that is needed is the visitor's ID or passport. The website claims that users can complete these 3 easy steps to sell Bitcoin (BTC) in Dubai:\n1. Visit the crypto shop in Dubai - arrange a meeting with the team via WhatsApp, Telegram, or calling\n2. Calculate the amount to sell - decide how much bitcoin the customer wants to sell according to the up-to-date BTC market price\n3. Take cash - the last step is getting cash\nAt SBID, not only locals but also foreigners can use the service. Customers should visit with a passport/ID to use the services at SBID.\nAbout SBID\nSBID, Sell Bitcoin in Dubai, is a crypto OTC shop where customers can easily buy and sell crypto with cash in Dubai. The store makes it possible for both locals and visitors tosell bitcoin in Dubai for cashin just three easy steps. At its location in Dubai, SBID offers more than 1000 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cardano (ADA), and stablecoins like USDT (tether).\nCompany Name: SBIDAddress: Office 10040 10th Floor, Exchange Tower, Business Bay - Dubai - United Arab EmiratesPhone: +971585666767Email:[email protected] Person: Khaled SaeedContact Person title: Public RelationsCity, Country: Dubai, the UAEWebsite:https://sellbitcoinindubai.com/\nTo view the source version of this press release, please visithttps://www.newsfilecorp.com/release/145786", "Dubai, United Arab Emirates--(Newsfile Corp. - November 26, 2022) - Visitors can now sell Bitcoin in Dubai thanks to the innovative services offered by SBID. With the launch of this service, consumers will be able to sell Bitcoin (BTC) for cash. SBID, a reputable crypto OTC in Dubai, wishes to expand its crypto exposure in the city.\nDubai, the business center of the United Arab Emirates and also the middle east region, increases its importance in decentralized finance namely cryptocurrencies. With the continuous implementation of crypto-friendly licenses and regulations, Dubai's role in digital currencies increased. The creation of new business fields made the demand for crypto and blockchain services an obvious necessity. Since 2020 the crypto boom period, other traditional businesses wanted to try themselves in the crypto space as well. With the emergence of new crypto-friendly companies, the demand for dealers such as SBID has increased. Now anyone cansell Bitcoin (BTC) in Dubaiby visiting an office in the city center.\nAs a response to consumer and business demand, the SBID crypto OTC decided to allow users to sell bitcoin. The services are being offered with the intention of facilitating cryptocurrency transactions, according to SBID. The website claims that selling BTC for cash now takes only a few minutes.\nIt is possible to get cash in various currencies. SBID enables crypto enthusiasts to sell BTC\xa0and get AED (United Arab Emirates Dirham), USD (US dollar), EUR (EURO), and some other currencies.\nSteps to sell Bitcoin (BTC) in Dubai\nSBID functions as a cryptocurrency over-the-counter store in Dubai's Business Bay. To deliver the service to the customer, all that is needed is the visitor's ID or passport. The website claims that users can complete these 3 easy steps to sell Bitcoin (BTC) in Dubai:\n1. Visit the crypto shop in Dubai - arrange a meeting with the team via WhatsApp, Telegram, or calling\n2. Calculate the amount to sell - decide how much bitcoin the customer wants to sell according to the up-to-date BTC market price\n3. Take cash - the last step is getting cash\nAt SBID, not only locals but also foreigners can use the service. Customers should visit with a passport/ID to use the services at SBID.\nAbout SBID\nSBID, Sell Bitcoin in Dubai, is a crypto OTC shop where customers can easily buy and sell crypto with cash in Dubai. The store makes it possible for both locals and visitors tosell bitcoin in Dubai for cashin just three easy steps. At its location in Dubai, SBID offers more than 1000 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cardano (ADA), and stablecoins like USDT (tether).\nCompany Name: SBIDAddress: Office 10040 10th Floor, Exchange Tower, Business Bay - Dubai - United Arab EmiratesPhone: +971585666767Email:[email protected] Person: Khaled SaeedContact Person title: Public RelationsCity, Country: Dubai, the UAEWebsite:https://sellbitcoinindubai.com/\nTo view the source version of this press release, please visithttps://www.newsfilecorp.com/release/145786", 'Recent news thatWalt Disney Co.(NYSE:DIS) had suddenly and unexpectedly fired its CEO, Bob Chapek, and wasbringing back former CEO, Robert Igershook the business world. Chapek’s tenure running Disney lasted barely two years and was tumultuous as the company navigated its way through the Covid-19 crisis when its theme parks were forced to close and its movies were held out of theatres. And with Disney+ not expected to deliver a profitable quarter until fiscal 2024, DIS stock has sunk 38% in 2022. The upheaval at Disney has shone a light on the problems companies often have with succession planning.\xa0 Here are three stocks that have suffered at the hands of new CEOs.\n[{"AMZN": "FDX", "Amazon": "FedEx", "$95": "$175.25"}, {"AMZN": "SBUX", "Amazon": "Starbucks", "$95": "$99"}]\nSource: MACH Photos / Shutterstock.com\nRemember Jeff Bezos? WithAmazon(NASDAQ:AMZN) stock down 45% this year, many shareholders wish that the founder and former CEO of the e-commerce giant would return to the helm and right the ship. Amazon’s share price has steadily declined since the giant’s new CEO, Andy Jassy, took the reigns at the Seattle-based online retailer on July 5, 2021. Since the leadership handover, AMZN stock haslost half its value.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nTo be fair, Jassy, whose pay package last year exceeded $200 million, inherited multiple problems at Amazon.\nComing out of the pandemic, Amazon was too bloated. The company had too many employees, was opening an excessive number of warehouses, **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-11-26 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $317,224,407,356 - Hash Rate: 200213273.51023027 - Transaction Count: 229735.0 - Unique Addresses: 598183.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.22 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: DUBAI, UAE / ACCESSWIRE / September 30, 2022 / Paxo Finance, a decentralized money market seeking to open up cryptocurrency investment, allowing users to access up to 5X of their capital, is whitelisting users ahead of their launch on the Polygon mainnet. The alpha version of the mainnet will be open to select few who register for whitelisting on the paxo website. Paxo Finance, Thursday, September 29, 2022, Press release picture The users that register for the whitelist and are selected will be the OGs of paxo and will be involved in building and improving paxo. Early users will have a say in new features development, adding new coins, governance, partnerships, security discussions etc. Currently the alpha mainnet version will only be available to a selected few. The users will only be able to invest upto $5000 usd worth at a given time. Alpha mainnet will have only a limited number of assets which lenders and borrowers can interact with. The assets available will be BTC, ETH and Matic. The critical milestone follows the official conclusion of the incentivized Testnet on Polygon, which saw over 19,000 users participate and over 500,000 transactions processed on the testnet. By whitelisting crypto addresses before deploying on Polygon, Paxo Finance is setting a solid base ensuring that only authorized users can access the protocol. This step is also a security step to deter malicious attacks and protect the first cohort of users trying the system on the mainnet. The Paxo Finance Incentivized Testnet on Polygon was free for all interested persons and parties. It opened its doors from May 27, 2022, to June 26, 2022, and ran for 30 days. There were 200,000 PAXO, the native token of the Paxo Finance protocol, for distribution to active participants. It was in addition to a Referral program that ran in parallel, where the platform distributed up to 3000 USDT in PAXO to winners. Participants were required to subscribe to any of our social media channels to register. Afterward, they would receive 50 test USDC. Typical of a testnet, the objective of the 30-day program was to draw as many people to the protocol, allowing them to thoroughly test every core component of the platform before submitting valuable feedback. Their feedback was used to refine the platform, allowing Paxo Finance to deliver precisely what its global pool of active users and investors are desirous of: changing the crypto investment landscape through a protocol where users can borrow with a 5X leverage and invest in top-tier crypto assets. 6,000 feedback were received from 19,600 active participants, mainly from Indonesia, East Europe, and the U.S, who experimented on all lending, borrowing, and trading components of the protocol. Story continues From the testnet, the platform allowed participants to get paid as they trial the dApp, learning how they can easily invest in crypto via an undercollateralized protocol guided by secure smart contracts. Additionally, by opting to launch on Polygon, all users, including liquidity providers whom Paxo Finance will now allow to earn passive income, would not have to pay huge on-chain transaction fees because of the network's high throughput. Polygon was tactically selected as the testing protocol. The same chain is now being used to anchor Paxo Finance as the protocol goes live on the mainnet. PAXO Finance is building a revolutionary product allowing users to invest MORE with LESS capital regardless of prevailing crypto market conditions. Learn more about PAXO Finance from our white paper here . For more information about PAXO Finance, visit us on: Website: https://paxo.finance/ Twitter: https://twitter.com/paxofinance Medium: https://medium.com/@paxofinance Telegram: https://t.me/paxofinance Discord : https://discord.gg/a9MQpH7SMr SOURCE: Paxo Finance View source version on accesswire.com: https://www.accesswire.com/718284/Paxo-Finance-White-Listing-for-Alpha-Mainnet-is-Now-Open 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:** ['In this article, we discuss the top 10 stock picks of Robert Bishop\'s Impala Asset Management as of the end of the third quarter of 2021 and assess their performance over the past 12 months. If you want to skip our detailed analysis of the hedge fund, its investment philosophy, and hedge fund performance, go directly to Was Robert Bishop\'s Impala Asset Management Right About These 5 Stocks? We prepared the actual contents of this article in November last year, when we analyzed the Q3 portfolio of Robert Bishop\'s Impala Asset Management to discuss some of the notable stocks in the hedge fund portfolio at that time. We are publishing this article today because it’s always interesting for the readers to analyze how good the so-called “smart money” is when it comes to stock picking. When we look at the stock picks/sells of hedge funds in hindsight, we can better analyze their performance and see whether they were right or wrong. In this article you will see the notable stock picks of\xa0Robert Bishop\'s Impala Asset Management as of the third quarter of last year. To assess the performance of these stocks, we have mentioned their performance over the past 12 months through November 27. At the time of writing we had mentioned analyst ratings for these stocks from famous Wall Street analysts. It’d be interesting for our readers to see how right or wrong were these analysts’ price targets and calls. However, we should keep the 2022 market crash in mind when reading this article. You will notice that most of the stocks in this list lost value over the past 12 months. That doesn’t, however, mean that the hedge fund was entirely wrong. The fund believes in holding stocks for longer periods of time. These holdings might end up creating profits for the hedge fund in the months and years to come as analysts believe the market could rebound strongly in 2023 and beyond. It\'s also important to note that the hedge fund sold or reduced its stakes in some of these stocks in the subsequent quarters of 2021 and 2022. Now, let\'s start the article by first reading the introduction to the hedge fund we wrote back in November 2021. Impala Asset Management is a Florida-based investment management firm that invests in global cyclical equities. The firm was founded in 2004 by industry veteran Robert Bishop, who serves as the Chief Investment Officer and Managing Principal of the firm, managing the Impala, Waterbuck, Alpha Funds, and other accounts. He holds an M.B.A. in Finance from the Wharton School of the University of Pennsylvania and a B.A. in Political Science from Northwestern University. Prior to starting Impala Asset Management, Robert Bishop worked as a Chief Investment Officer at Soros Fund Management, overseeing the Quantum Endowment Fund. As a Principal at Maverick Capital from 1998-2002, he oversaw investments in basic industries including manufacturing, commodities, transportation, and energy, among other cyclical industries. Robert Bishop was also a Portfolio Manager at Kingdon Capital from 1995-1998 where he specialized in cyclical stocks and commodities, and from 1992-1995, he was Managing Director of Julian Robertson\'s Tiger Management. Prior to that, he was an equity analyst at Salomon Brothers. Story continues Managing more than $1.4 billion in its investment portfolio, Impala Asset Management focuses on a long/short investment strategy, combining deep, bottom-up research with extensive sector expertise supplemented by a macro perspective. The fund manages a portfolio concentrated around basic industries such as automotive, capital goods, basic materials, and energy. Some of the top stocks in Robert Bishop\'s portfolio as of the third quarter of 2021 include Harley-Davidson, Inc. (NYSE: HOG ), Devon Energy Corporation (NYSE: DVN ), and Alcoa Corporation (NYSE: AA ), among others discussed in detail below. 10 Stocks To Invest In According To Robert Bishop\'s Impala Asset Management 10. Alcoa Corporation (NYSE: AA ) Impala Asset Management\'s Stake Value: $52.75M Stock performance over the past 12 months through November 27: -2.5% The world\'s eighth-largest producer of aluminum, Alcoa Corporation (NYSE:AA) is a Pennsylvania-based industrial corporation that engages in the production of bauxite, alumina, and aluminum products, with operations of over 10 countries. At the end of the third quarter of 2021, 44 hedge funds in the database of Insider Monkey held stakes worth $1.74 billion in Alcoa Corporation (NYSE:AA). The number of hedge funds that held stakes in the company remained the same for the second and third quarters of 2021. Among the hedge funds being tracked by Insider Monkey, Washington-based investment firm Fisher Asset Management is a leading shareholder in Alcoa Corporation (NYSE:AA) with 6.43 million shares worth more than $315 million at the end of the September quarter. On November 16, Wolfe Research analyst Timna Tanners initiated coverage of Alcoa Corporation (NYSE:AA) with an Outperform rating and a $63 price target. The analyst cites a positive view on aluminum fundamentals and forecasts prices to remain elevated "at least" through 2023. 9. Rio Tinto Group (NYSE: RIO ) Impala Asset Management\'s Stake Value: $67M Stock performance over the past 12 months through November 27: +4.4% The world\'s second-largest metals and mining corporation, Rio Tinto Group (NYSE:RIO) is an Anglo-Australian multinational company that engages in mining raw materials including copper, aluminum, iron ore, lithium, and diamonds. On December 9, Morgan Stanley analyst Alain Gabriel upgraded Rio Tinto Group (NYSE:RIO) to Overweight from Equal Weight with a price target of $79.19, up from $72.38. According to third-quarter securities filings, Impala Asset Management holds over 1 million shares of Rio Tinto Group (NYSE:RIO), worth more than $67.18 million, accounting for 4.77% of the fund\'s investment portfolio. At the end of September, 20 funds out of the 867 tracked by Insider Monkey had stakes in the company, compared to 21 in the previous quarter. Among the hedge funds being tracked by Insider Monkey, Fisher Asset Management is a leading shareholder in Rio Tinto Group (NYSE:RIO) with 13.35 million shares worth more than $892.6 million at the end of the September quarter. 8. Teck Resources Ltd (NYSE: TECK ) Impala Asset Management\'s Stake Value: $54.9M Stock performance over the past 12 months through November 27: +27% One of Canada\'s leading mining companies, Teck Resources Ltd (NYSE:TECK) is a diversified natural resources company that is involved in mining and mineral development, including coal for the steelmaking industry, copper, zinc, and energy. On November 16, Wolfe Research analyst Timna Tanners initiated coverage of Teck Resources Ltd (NYSE:TECK) with an Outperform rating and $36.14 price target, citing a "constructive view" on the company\'s growth options. Based on the 13F filings for the third quarter of 2021, Impala Asset Management holds over 2.2 million shares of Teck Resources Ltd (NYSE:TECK), worth more than $54.9 million, accounting for 3.9% of the fund\'s total investment portfolio. Jacob Mitchell of Antipodes Partners is one of the biggest stakeholders of Teck Resources Ltd (NYSE:TECK) as of the end of the third quarter, according to the data tracked by Insider Monkey. Overall, 41 funds were bullish on the company by the end of the September quarter, compared to 40 in the previous quarter. 7. Louisiana-Pacific Corporation (NYSE: LPX ) Impala Asset Management\'s Stake Value: $57M Stock performance over the past 12 months through November 27: -7% Louisiana-Pacific Corporation (NYSE:LPX), commonly known as "LP", is a Tennessee-based building materials manufacturer. It operates as a provider of building solutions that meet the demands of builders, remodelers, and homeowners across multiple countries. Robert Bishop\'s hedge fund reported holding 942,393 shares of Louisiana-Pacific Corporation (NYSE:LPX). These shares are valued at more than $57.8 million and represent 4.1% of his investment firm\'s portfolio. Of the 867 elite funds tracked by Insider Monkey, 38 held stakes worth $670.5 million in Louisiana-Pacific Corporation (NYSE:LPX) as of Q3. Out of the hedge funds being tracked by Insider Monkey, Australia-based investment firm Platinum Asset Management is a leading shareholder in Louisiana-Pacific Corporation (NYSE: LPX) with 4.2 million shares worth more than $237 million. Here is what L1 Capital has to say about Louisiana-Pacific Corporation (NYSE:LPX) in its Q3 2021 investor letter: “We reinvested the proceeds from the partial sale of Eagle Materials by increasing the Fund’s position in Louisiana-Pacific Corporation . We expect the company to deliver strong earnings and cashflow over coming years, and the company remains undervalued at its current share price.” 6. NVR, Inc. (NYSE: NVR ) Impala Asset Management\'s Stake Value: $64M Stock performance over the past 12 months through November 27: -14% NVR, Inc. (NYSE:NVR) is a Virginia-based home construction company that also operates a mortgage banking and title services business. The company\'s homebuilding segment sells and constructs homes under the Ryan Homes, NVHomes, and Heartland Homes brands. On October 14, JPMorgan analyst Michael Rehaut lowered his price target on NVR, Inc. (NYSE:NVR) to $5,770 from $6,300, and kept a Neutral rating on the shares of the company. As of the third quarter of 2021, Robert Bishop\'s Impala Asset Management owned 13,381 shares of NVR, Inc. (NYSE:NVR), worth $64.1 million. This represented 4.55% of the fund’s investment portfolio. Of the 867 elite funds being tracked by Insider Monkey, 32 held stakes in the company by the end of the September quarter. Out of the hedge funds being tracked by Insider Monkey, Ric Dillon\'s Diamond Hill Capital is a leading shareholder in NVR, Inc. (NYSE:NVR), with 118,816 shares worth more than $569.6 million. In the Q2 2021 investor letter of Bretton Fund, the fund mentio **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-11-27 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $317,909,635,538 - Hash Rate: 249807387.1320305 - Transaction Count: 222672.0 - Unique Addresses: 568789.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.26 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- An “experienced” analyst working at the National Security Agency developed a surveillance project about a decade ago that resulted in the unauthorized targeting and collection of private communications of people or organizations in the US, newly unearthed documents show. Most Read from Bloomberg Putin’s Ukraine War Is Entering a Terrifying New Phase Lawyer Suing Twitter Over Layoffs Says Musk Trying to Comply Twitter Now Asks Some Fired Workers to Please Come Back Ukraine Latest: Warnings of War Fatigue; Key Dam Strike Claim Wells Fargo Faces US Demand for Record Fine Exceeding $1 Billion An investigation into the matter, which hasn’t been previously reported, found that the analyst “acted with reckless disregard” and violated numerous rules and possibly the law, according to a 2016 report by the NSA’s Office of Inspector General. The agency released the report in response to a Freedom of Information Act lawsuit. The inspector general’s report sheds new light on unauthorized surveillance and lax oversight at a secretive agency whose global eavesdropping methods have faced intense scrutiny for vacuuming up massive amounts of data — including on Americans, who are protected by US law from being surveilled without authorization. The IG’s investigation unfolded as the first news stories were being published based on leaked classified documents from former NSA contractor Edward Snowden. The inspector general’s report also reveals how a single analyst was given relatively free rein to develop a surveillance technique that many of his superiors didn’t understand. And it shows the lengths to which whistleblowers inside the agency went to get their allegations taken more seriously. The full report is here. Many details about the analyst’s project aren’t known. The inspector general deemed the analyst’s action “egregious” in hindsight but noted he got conflicting guidance, told by some officials that his activities were acceptable and told by others to stop. The February 2016 report, which spans more than 400 pages and had been classified top secret, is heavily redacted. It’s not known if the analyst—or anyone else—was held accountable for what the inspector general described as potentially illegal surveillance.The NSA didn’t respond to specific questions about the report, including whether any action was taken against the analyst. But an NSA spokesperson provided a statement saying that the agency is “fully committed to the rigorous and independent oversight provided by the NSA Inspector General’s Office.”“The NSA operates in a culture of compliance to ensure that NSA’s foreign intelligence mission is conducted in accordance with all applicable laws, regulations and procedures,” the spokesperson said.The analyst said he was working on a “SIGDEV” effort, according to the report. That is short for signals intelligence development, aimed at finding and improving new avenues for eavesdropping. Two former NSA officials who reviewed the report told Bloomberg News that he appeared to be developing a new surveillance tool to improve spying methods that had scooped up Americans’ communications. The former officials asked not to be named in order to discuss sensitive intelligence information. Story continues The inspector general’s investigation was sparked by two whistleblowers in May 2013. The analyst was taken aback by criticism of his work and vigorously defended it. Nonetheless, he told an investigator he had “been proceeding with his project in a ‘kind of [by the] seat of the pants’ mode” and that it was “kind of dangerous” and “unknown territory,” according to the report. The probe began a month before the first news stories appeared based on Snowden’s leaks. Those stories revealed a massive, warrantless program to collect Americans’ phone records, map mobile phone locations worldwide and undermine encryption, and they came out at a time when the agency was already facing criticism for its expansion of surveillance capabilities after the Sept. 11, 2001, terrorist attacks. There is no indication in the inspector general’s report that the events are related to NSA activities and programs revealed in the Snowden documents, which had been secretly authorized. However, the inspector general’s investigation occurred during a period in which the NSA was under intense pressure to address alleged wrongdoings. Jon Callas, director of public interest technology at the Electronic Frontier Foundation, a group that defends civil liberties in the digital space, said the episode showed “there was loud and vocal dissent inside the agency.” Noting failings of NSA oversight, Callas said the report also “appeared to show the NSA’s internal systems had permitted whistleblowers to object when they found irregularities.” Provided an oral summary of the report’s findings, retired Gen. Keith Alexander, who was director of the NSA from 2005 to 2014, told Bloomberg News, “99.99% of the people at the NSA are trying to do the right thing. When somebody does the wrong thing, we find them, and we hold them accountable.” Snowden, who reviewed the report, said through his lawyer that the subject of the investigation clearly violated the law and the US Constitution. “When I said in 2013 that while I was at the NSA I could pull the communications of anyone who passed through our net—including Americans—officials hotly contested the claim and a lot of folks believed them,” he said. “But it was true, as the NSA itself secretly acknowledges.” “Defenders of broad surveillance authorities always insist that Americans don’t have to worry because our intelligence agencies are tightly constrained by law and policy,” Snowden added. “But time and again we’ve seen that when laws are violated and powers are abused, no one is held legally accountable.” The NSA is primarily responsible for conducting foreign eavesdropping but can sometimes conduct such surveillance inside the US with a valid court order from the Foreign Intelligence Surveillance Court, known as FISA court, or approval from senior government officials. The inspector general’s investigation found that the NSA analyst didn’t have a valid court order or other authorization to conduct his classified work. The redacted report didn’t provide the name of the analyst. The identities of the whistleblowers and most of the other people involved in the probe were also withheld. In remarks to an investigator, the analyst said the foreign intelligence purpose behind his new technique was to “make the collection system healthier, the analytic process richer and the system more efficient.” The inspector general found that by allegedly targeting Americans’ communications without authorization and failing to flag the issue, the analyst violated several of the NSA’s bedrock rules and may have violated the law—specifically provisions of the Foreign Intelligence Surveillance Act that refer to spying on Americans on home soil and abroad. Those conclusions were reported to the signals intelligence division, the NSA general counsel’s office and other NSA offices for further action. Senator Ron Wyden, who is on the Senate Intelligence Committee and has spearheaded surveillance reforms, told Bloomberg News in a statement: “This report further confirms that intelligence agencies sometimes commit abuses and violations.” Wyden, a Democrat from Oregon, has been pressing intelligence officials for details on its surveillance methods for years, including during a congressional hearing on March 12, 2013, just before the allegations against the analyst were first raised.In that hearing, Wyden asked then-Director of National Intelligence James Clapper if the NSA was collecting “any type of data at all on millions or hundreds of millions of Americans.”“No sir,” Clapper responded, in comments he later admitted were misleading. “Not wittingly.” Reached for comment, Clapper said he had no knowledge of the case. But he said it illustrates the challenges the NSA faces in balancing intelligence collection with the protection of Americans’ civil liberties and privacy. Less than two weeks before Clapper’s testimony, concerns about the analyst’s work were raised by a colleague. In an email that is attached to the inspector general’s report and heavily redacted, the analyst responded that his management was aware of what he is doing and dismissed the accusations as “purely hypothetical.” “How is my allegation purely hypothetical?” the colleague responded, adding, “Our duty is DO NO HARM.” Over the next two months, one of the whistleblowers, a global network analyst, exchanged a flurry of emails and phone calls with NSA officials reiterating concerns about the analyst’s project. That person was told there wasn’t enough hard evidence to back up the claims.Frustrated by the inaction, in early May, the global network analyst and a colleague took their concerns to NSA’s inspector general, according to the report. “We believe that since October 2011 he has collected or attempted to collect a large volume of phone numbers without any foreign intelligence purpose,” the whistleblowers explained and detailed additional concerns, some of which were redacted. The analyst took umbrage with colleagues who reported his actions, saying they came to him only after filing a complaint. “Some colleagues, eh?” “I did not suddenly, or ever, decide to intentionally target US [redacted] persons,” the analyst wrote in a June 26, 2013 email, when questioned about his surveillance project. “This is a complicated process because the [redacted] world has become far more complicated than what it was in the old [redacted] days.” On Feb. 12, 2016, then NSA Inspector General George Ellard sent a five-page memo to the director of the NSA’s signals intelligence office that characterized the analyst’s work as potentially illegal. The letter included recommendations to address the matter, which were redacted. As a result, it’s unclear what actions may have been taken. W... - Reddit Posts (Sample): [['u/1_BigPapi', 'Bitcoin in Search of a Floor', 10, '2022-11-27 00:18', 'https://www.reddit.com/r/CryptoCurrency/comments/z5l1ju/bitcoin_in_search_of_a_floor/', "A very topical analysis and commentary: \n\n[Bitcoin Monthly Chart \\(BTCUSD\\): Showing RSI Trend](https://preview.redd.it/iv85o3sjod2a1.png?width=1814&format=png&auto=webp&s=ee72bae0f668ab2ad7ed4d1c84be12b4a1e76f5f)\n\nMarkets remain neutral to bearish bias on higher timeframes. In previous bear markets it took Bitcoin around 11 months (330 days) to find a floor, once RSI bottomed. \n\nWe are around 270 days currently. 330 days will land in January '23, but given the macro I would expect a longer bear market than in the past.\n\nThat said, we are starting to see early signs of investors trying to front-run a soft pivot by the US Fed, with equities and other markets rallying in recent weeks. If this continues, once crypto shakes the FTX fallout, we should follow as well.\n\nRegarding the bearish to neutral bias I stated up front- note that this refers to the monthly chart and higher timeframes. On lower timeframes, say weekly.. we probably have a shot at one more swing low (maybe) then a -potential- midrange rally into the year end and Q1. \n\nThis largely depends on the upcoming FOMC and ECB actions into the years end, along with the usual external factors like inflation, oil and Russia.", 'https://www.reddit.com/r/CryptoCurrency/comments/z5l1ju/bitcoin_in_search_of_a_floor/', 'z5l1ju', [['u/IWillKillPutin2022', 10, '2022-11-27 00:38', 'https://www.reddit.com/r/CryptoCurrency/comments/z5l1ju/bitcoin_in_search_of_a_floor/ixwov0s/', 'Literally no one knows. Maybe, but I think the macro economical conditions will make it longer and deeper', 'z5l1ju'], ['u/Strict_Resist5', 10, '2022-11-27 00:45', 'https://www.reddit.com/r/CryptoCurrency/comments/z5l1ju/bitcoin_in_search_of_a_floor/ixwppna/', 'What if the floor is lava?', 'z5l1ju']]], ['u/[deleted]', 'BTC vs. ETH next halving', 42, '2022-11-27 00:27', 'https://www.reddit.com/r/CryptoMarkets/comments/z5l8is/btc_vs_eth_next_halving/', 'So what are your takes on price action for these two in 2024 when we get to the BTC halving? Obviously no one knows, but which do you think will outperform and why?', 'https://www.reddit.com/r/CryptoMarkets/comments/z5l8is/btc_vs_eth_next_halving/', 'z5l8is', [['u/xxpedroz', 20, '2022-11-27 00:38', 'https://www.reddit.com/r/CryptoMarkets/comments/z5l8is/btc_vs_eth_next_halving/ixwovb6/', 'I believe this next bull run is gonna be an interesting one, with eth being deflationary and defi growing I think this may be the one were eth comes closer to take the crown from btc', 'z5l8is'], ['u/gyrhaeddawx', 14, '2022-11-27 00:55', 'https://www.reddit.com/r/CryptoMarkets/comments/z5l8is/btc_vs_eth_next_halving/ixwqzjj/', 'BTC will remain king for much longer than you can imagine.', 'z5l8is'], ['u/lukanz', 38, '2022-11-27 00:57', 'https://www.reddit.com/r/CryptoMarkets/comments/z5l8is/btc_vs_eth_next_halving/ixwrbgx/', 'BTC went from 3.5k to 69k = x19,7\n\nETH went from 83 to 4.8k = x57', 'z5l8is'], ['u/tylermm03', 52, '2022-11-27 01:36', 'https://www.reddit.com/r/CryptoMarkets/comments/z5l8is/btc_vs_eth_next_halving/ixww62d/', 'I predict the the price will go up or down.', 'z5l8is'], ['u/DeusMaior', 28, '2022-11-27 02:22', 'https://www.reddit.com/r/CryptoMarkets/comments/z5l8is/btc_vs_eth_next_halving/ixx1prf/', "You're risking a lot because it can go sideways.", 'z5l8is'], ['u/MajorasMaskOff', 11, '2022-11-27 02:50', 'https://www.reddit.com/r/CryptoMarkets/comments/z5l8is/btc_vs_eth_next_halving/ixx55zd/', "Everything follows BTC and every coin is a % if BTC's marketcap. Eth could come close but it'll never exceed BTC", 'z5l8is'], ['u/itsadiseaster', 13, '2022-11-27 03:02', 'https://www.reddit.com/r/CryptoMarkets/comments/z5l8is/btc_vs_eth_next_halving/ixx6lhe/', 'Simple for me. My portfolio is for long time about 50/50% between the two. Nothing else.', 'z5l8is'], ['u/yogofubi', 14, '2022-11-27 09:27', 'https://www.reddit.com/r/CryptoMarkets/comments/z5l8is/btc_vs_eth_next_halving/ixy7ptt/', "To add to this, in 2024 BTC will basically not do anything more than it could do in 2013.\n\nEthereum will have scaled and improved massively from only a year ago. It's moved to proof of stake, becoming the first profitable blockchain in existence and basically erasing it's carbon emissions, a form of sharding will be implemented, giving is cheaper and faster transactions with an order of magnitude improvement. We will soon see live mainnet ZKRollups which could spark a new breed of layer 3s. Proposer-builder separation lowering the possibility of 'censorship' \n\nNot to mention the supply shock from the merge and eip1559… there will actually be less ETH in circulation than today, rather than the millions that would have been created on the PoW schedule.\n\nETH in my mind, is fairly likely to be the top blockchain by market cap in 2024", 'z5l8is']]], ['u/GreyCoatCourier', 'Fruit for thought', 23, '2022-11-27 04:41', 'https://www.reddit.com/r/ergonauts/comments/z5qlmj/fruit_for_thought/', 'Hey guys, I joined the crypto space when Eth mining was at its peak and fell in love with GPU mining, now I had the opportunity to mine and buy BTC and eth back in 2015 and back in 2012, like anyone im still learning and journeying trying to find a safe place to just DCA and mine without obsessing over it, this is my first bear market with skin in the game and overtime ive left the sewer that is r/cc and wandered into a few other subs, one of them being r/bitcoin.\n\nNow, heres the catch I think I\'m starting to get orange pilled here. with so much noise like FTX Luna etc scams are rampant.\n\nid like the community to take a look at this 2-hour discussion and perhaps rebut against or share their thoughts on the discussion made by this maxi, his arguments for why only btc are quite strong, i remember i read that no coin in history has broken its BTC ath and thus all coins underperform relative to btc.\n\nnotions like\n\n"alt coins are like companies while btc is an asset"\n\n[https://www.youtube.com/watch?v=FXvQcuIb5rU](https://www.youtube.com/watch?v=FXvQcuIb5rU)\n\ntldr: ergonaut watched a 2-hour vid and caught the maxi plague and is feeling fuddy. send help.\n\nis ergo hard money?\n\n​\n\npeace and love.', 'https://www.reddit.com/r/ergonauts/comments/z5qlmj/fruit_for_thought/', 'z5qlmj', [['u/FathersFolly', 30, '2022-11-27 14:02', 'https://www.reddit.com/r/ergonauts/comments/z5qlmj/fruit_for_thought/ixyriap/', "You'd like me to watch a two hour video and then calm your every fear? Okay, but first do me a small favor and attend 8 years of med school, so you can tell me why my toe hurts, free of charge.\n\nBitcoin was revolutionary. It created a new asset class. That doesn't happen very often. But that also means that it's price performance can be measured over a period that no other crypto asset can. So saying it outperforms all other coins is truly cherry picking the data and ignoring that relative performance against other coins, over multiple time frames, just as easily shows Bitcoin underperforming.\n\nAs big as Bitcoin is, the market seems to believe there's value in things that it can't deliver and that there's room for more than one coin.\n\nThere is an allure to the pitch that perfection was found on the first try and evolution isn't necessary. But I would look into what features Ergo brings to the table that Bitcoin doesn't and why. Bitcoin maximalists are great at ignoring it's flaws, instead selling them as features that will cause it's price to soar infinitely forever. But maybe the reality is that continually discarding the mountains of research done in hopes of improving Bitcoin, addressing it's issues, will not have been the right move. Ergo can and does make use of this research. Ergo is adaptable.\n\nCrypto is likely here to stay and it'll be a *long* game. Bitcoin hit a grand slam in the first inning of of the first game of the very first season. Now maxis are claiming they've already won this world series and every world series that will ever follow. In fact no other team should bother existing, just watch maxis play with themselves...", 'z5qlmj'], ['u/Xyril17', 15, '2022-11-27 16:04', 'https://www.reddit.com/r/ergonauts/comments/z5qlmj/fruit_for_thought/ixz4v0h/', 'So I\'ve watched this particular video before but it was quite awhile ago so I don\'t remember the details. Saifedean Ammous is a pretty hardcore Bitcoin maxi, but IIRC a lot of his criticism of altcoins come down to 1) he doesn\'t believe in other consensus mechanisms (he really hates POS), 2) he believes only bitcoin is decentralized, and 3) he seems to think that moving value is the only real use of crypto.\n\nIf you prefer videos, you can have a look at [this conversation](https://www.youtube.com/watch?v=60JI2ewWf84&t=633s&ab_channel=LexClips) between him and Lex Fridman. I think Lex pushes back on a lot of his criticisms well.\n\nNow, after that consider which property of Ergo is "inferior" to Bitcoin? Ergo has a fixed supply. Ergo is POW. Maybe it\'s not yet as widely adopted and decentralized, but I think it\'s quite obvious that Ergo has the *potential* to be even **more** decentralized due to ASIC resistance (anyone with a GPU can mine instead of just large mining companies) and smart contract programmability allowing actual decentralized mining (see the recent Ergo Summit video by GetBlok on SNISPs). \n\nI\'m gonna agree with him that there are a lot real shitcoins out there, so in terms of riskiness among crypto Bitcoin is currently the least risky due to its decentralization and relatively wide acceptance and recognition. But there\'s also a lot less potential in Bitcoin. For the foreseeable future it will probably be a good store of value and nothing much else. If you believe that the goal of crypto is not just to move value around but also replace/complement much of traditional fi... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 was little changed in Monday morning trading amid mixed results from the other top 10 non-stablecoin cryptocurrencies following a relatively muted few days of trading over the Thanksgiving weekend in the U.S. Memecoin Dogecoin was the standout performer as longtime token advocate and new Twitter Inc. boss Elon Musk used the platform to announce a significant development for his electric car company Tesla Inc.\nSee related article:Binance releases proof of reserves\n• Bitcoin fell 0.2% to US$16,439 in the 24 hours to 8 a.m. in Hong Kong, while Ether fell 0.9% to US$1,208,according to CoinMarketCap.\n• Dogecoin was the only token to see double-digit gains, rising 11% to US$0.098 — near its highest point in almost three weeks. These gains came suddenly afterMusk announcedthat “Tesla team just completed a 500 mile drive with a Tesla Semi weighing in at 81,000 lbs!” Dogecoin’s fortunes are often linked to that of Musk and his companies; the memecoin also saw significant gains when Musk’s purchase of Twitter was confirmed, for example. Copycat token Shiba Inu also posted larger gains than any other top 10 token, rising 2.9% to US$0.000009286.\n• BNB, the native token of the blockchain operated by the world’s largest crypto exchange Binance Global Inc., BNB Smart Chain, fell 1.2% to US$307.69 but is still up 16.4% over the past seven days. This comes as Binance released its proof of reserves on Friday to provide increased transparency over user funds amid the heightened industry scrutiny following the collapse of Bahamas-based exchange FTX.com\n• Litecoin saw the heaviest losses, falling 1.9% to US$7.03, but has still proven to be one of the best-performing major tokens as it has gained roughly 36% in November amid the extreme market volatility since the collapse of FTX. Litecoin is expected to undergo its third mining reward halving in eight months, which will slow the pace of the token’s supply by half.\n• While it was little changed on Monday morning, XRP rose 9.7% to US$0.39 in the past seven days of trading as the date approaches for both parties to file summary judgments in the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple Labs Inc. — whose payment network is powered by XRP. Both parties are set to meet on Dec. 2 to discuss case redactions.\n• U.S. equities had a mixed day of trading on Friday in an abbreviated session due to the Thanksgiving holiday. The Dow Jones Industrial Average rose 0.5%, while the S&P 500 Index fell less than 0.1% and the Nasdaq dropped 0.5%.\n• A record US$9.1 billion was spent on Friday as part of the annual “Black Friday” sales, an increase of 2.3% over previous years. These are annual sales held on the Friday after Thanksgiving, which has become a major event on the retail calendar in the U.S., and proven so popular as to have spread to other countries thatdo not typically celebrateThanksgiving on that day or at all.\nSee related article:Half a million users move to decentralized alternative Mastodon following Elon Musk Twitter grab', 'Bitcoin was little changed in Monday morning trading amid mixed results from the other top 10 non-stablecoin cryptocurrencies following a relatively muted few days of trading over the Thanksgiving weekend in the U.S. Memecoin Dogecoin was the standout performer as longtime token advocate and new Twitter Inc. boss Elon Musk used the platform to announce a significant development for his electric car company Tesla Inc. See related article: Binance releases proof of reserves Fast facts Bitcoin fell 0.2% to US$16,439 in the 24 hours to 8 a.m. in Hong Kong, while Ether fell 0.9% to US$1,208, according to CoinMarketCap . Dogecoin was the only token to see double-digit gains, rising 11% to US$0.098 — near its highest point in almost three weeks. These gains came suddenly after Musk announced that “Tesla team just completed a 500 mile drive with a Tesla Semi weighing in at 81,000 lbs!” Dogecoin’s fortunes are often linked to that of Musk and his companies; the memecoin also saw significant gains when Musk’s purchase of Twitter was confirmed, for example. Copycat token Shiba Inu also posted larger gains than any other top 10 token, rising 2.9% to US$0.000009286. BNB, the native token of the blockchain operated by the world’s largest crypto exchange Binance Global Inc., BNB Smart Chain, fell 1.2% to US$307.69 but is still up 16.4% over the past seven days. This comes as Binance released its proof of reserves on Friday to provide increased transparency over user funds amid the heightened industry scrutiny following the collapse of Bahamas-based exchange FTX.com Litecoin saw the heaviest losses, falling 1.9% to US$7.03, but has still proven to be one of the best-performing major tokens as it has gained roughly 36% in November amid the extreme market volatility since the collapse of FTX. Litecoin is expected to undergo its third mining reward halving in eight months, which will slow the pace of the token’s supply by half. While it was little changed on Monday morning, XRP rose 9.7% to US$0.39 in the past seven days of trading as the date approaches for both parties to file summary judgments in the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple Labs Inc. — whose payment network is powered by XRP. Both parties are set to meet on Dec. 2 to discuss case redactions. U.S. equities had a mixed day of trading on Friday in an abbreviated session due to the Thanksgiving holiday. The Dow Jones Industrial Average rose 0.5%, while the S&P 500 Index fell less than 0.1% and the Nasdaq dropped 0.5%. A record US$9.1 billion was spent on Friday as part of the annual “Black Friday” sales, an increase of 2.3% over previous years. These are annual sales held on the Friday after Thanksgiving, which has become a major event on the retail calendar in the U.S., and proven so popular as to have spread to other countries that do not typically celebrate Thanksgiving on that day or at all. See related article: Half a million users move to decentralized alternative Mastodon following Elon Musk Twitter grab View comments', 'Bitcoin was little changed in Monday morning trading amid mixed results from the other top 10 non-stablecoin cryptocurrencies following a relatively muted few days of trading over the Thanksgiving weekend in the U.S. Memecoin Dogecoin was the standout performer as longtime token advocate and new Twitter Inc. boss Elon Musk used the platform to announce a significant development for his electric car company Tesla Inc.\nSee related article:Binance releases proof of reserves\n• Bitcoin fell 0.2% to US$16,439 in the 24 hours to 8 a.m. in Hong Kong, while Ether fell 0.9% to US$1,208,according to CoinMarketCap.\n• Dogecoin was the only token to see double-digit gains, rising 11% to US$0.098 — near its highest point in almost three weeks. These gains came suddenly afterMusk announcedthat “Tesla team just completed a 500 mile drive with a Tesla Semi weighing in at 81,000 lbs!” Dogecoin’s fortunes are often linked to that of Musk and his companies; the memecoin also saw significant gains when Musk’s purchase of Twitter was confirmed, for example. Copycat token Shiba Inu also posted larger gains than any other top 10 token, rising 2.9% to US$0.000009286.\n• BNB, the native token of the blockchain operated by the world’s largest crypto exchange Binance Global Inc., BNB Smart Chain, fell 1.2% to US$307.69 but is still up 16.4% over the past seven days. This comes as Binance released its proof of reserves on Friday to provide increased transparency over user funds amid the heightened industry scrutiny following the collapse of Bahamas-based exchange FTX.com\n• Litecoin saw the heaviest losses, falling 1.9% to US$7.03, but has still proven to be one of the best-performing major tokens as it has gained roughly 36% in November amid the extreme market volatility since the collapse of FTX. Litecoin is expected to undergo its third mining reward halving in eight months, which will slow the pace of the token’s supply by half.\n• While it was little changed on Monday morning, XRP rose 9.7% to US$0.39 in the past seven days of trading as the date approaches for both parties to file summary judgments in the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple Labs Inc. — whose payment network is powered by XRP. Both parties are set to meet on Dec. 2 to discuss case redactions.\n• U.S. equities had a mixed day of trading on Friday in an abbreviated session due to the Thanksgiving holiday. The Dow Jones Industrial Average rose 0.5%, while the S&P 500 Index fell less than 0.1% and the Nasdaq dropped 0.5%.\n• A record US$9.1 billion was spent on Friday as part of the annual “Black Friday” sales, an increase of 2.3% over previous years. These are annual sales held on the Friday after Thanksgiving, which has become a major event on the retail calendar in the U.S., and proven so popular as to have spread to other countries thatdo not typically celebrateThanksgiving on that day or at all.\nSee related article:Half a million users move to decentralized alternative Mastodon following Elon Musk Twitter grab', "By Karen Brettell\nNEW YORK (Reuters) - The dollar clawed back earlier losses on Monday as a hawkish Federal Reserve official laid out the case for further rate hikes, while the Australian dollar sank on concerns about unrest over COVID-19 restrictions in China.\nThe greenback rebounded in early U.S. trading and added to gains after St. Louis Fed President James Bullard said the U.S. central bank needs to raise interest rates quite a bit further and then hold them there throughout next year and into 2024 to gain control of inflation and bring it back toward the Fed's 2% goal.\nComments from Fed Chair Jerome Powell on Wednesday will be watched for any new signals on further tightening with key U.S. jobs data for November also due on Friday. The U.S. central bank is expected to hike rates by an additional 50 basis points when it **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-11-28 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $310,676,751,500 - Hash Rate: 255317844.20111936 - Transaction Count: 262636.0 - Unique Addresses: 630827.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.28 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Albemarle(NYSE:ALB) is a purveyor of several industrial materials, but when it comes to what moves ALB stock higher (or lower), revolves around the company’s lithium business. Since 2021, lithium prices have skyrocketed, as demand for the white metal (essential in the production of electric vehicle, or EV, batteries) has soared to a point where it outstrips limited global supply. Yet following the big run up in lithium prices (which in turn led to a big run up in Albemarle’s profitability and stock price), the market at present is overly sensitive to any hint of softening demand. InvestorPlace - Stock Market News, Stock Advice & Trading Tips That’s why this stock has made a noticeable move lower, in the days following Albemarle’s most recent earnings release. Investors are using the company’s latest numbers as an excuse to cash out. However, you may want to instead view this weakness as an opportunity to buy. [] On Nov. 2, Albemarle reported Q3 results for the quarter ending Sept. 30. With the massive increase in lithium prices over the past twelve months, ALB reported large jumps in its net revenue, EBITDA and earnings per share (or EPS). Net revenue was up152%over the prior year’s quarter. EBITDA was up 447% year over year. Compared to Q3 2021, EPS was up by an even higher figure (614%) and beat Wall Street estimates ($7.50 actual versus consensus of $6.99). Yet, despite these positives, the market chose instead to focus on the negative aspects of the earnings report. Although earnings beat consensus, Albemarle’s top line slightly fell short of the sell side’s forecast. Management also tightened rather than raised its full-year guidance. Perhaps viewing this as a sign of the lithium boom cooling, investors have bailed out of ALB stock in recent days. Falling 4.47% on the day earnings hit the street, shares at writing continue to trend downwards. Again though, you may want instead to go against the grain, and not follow the crowd’s move out of ALB and other lithium stocks. Much points to concerns about this space being an overreaction. The ALB stock post-earnings slide is happening against the backdrop of rising worries about the future of the lithium market. In a recent article on another major lithium mining stock,Lithium Americas(NYSE:LAC), I discussed how an increasing number of market strategists arecalling for a lithium correction. Yet while predictions of lithium price declines as high as75%sound scary, I would take them with a grain of salt. Many of these forecasts are based upon the prospect of a big increase in supply coming online. While the industry is looking to ramp up production, this may still not be enough to satisfy burgeoning demand. Automakers are accelerating their move into producing mainly electric-powered vehicles. The Biden Administration is also making efforts to accelerate mass adoption of EVs, awarding$2.8 billionin grants for EV battery projects. Analysts from S&P Global recently argued that annual market demand for lithium-ion battery capacity is expected to rise from0.29 to 3.4 Terawatt hours (or TWh) by 2030. All of this points to lithium prices remaining well above prior year levels. Coupled with the company’s moves to increase output, lithium tailwinds are far from peaking for Albemarle. As seen in its latest investor presentation, Albemarle anticipates growing its annual lithium sales volume by an average of20% annuallybetween now and 2025. In other words, the company isn’t relying on just further increases in lithium prices to keep itself in growth mode. Although earnings growth is expected to decelerate next year, a forecasted22.4%increase in earnings isn’t anything to sneeze at, especially for a stock trading for less than 10 times this earnings estimate for the coming year. If the continued march of the EV revolutions proves wrong pessimistic lithium demand forecasts, ALB will likely experience an expansion of its forward multiple. Together with further earnings growth, this could ultimately mean big returns for investors buying today. With this in mind, now may be a great time to add ALB stock, a low-priced, high-quality lithium play, to your portfolio. 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 inthis shocking “tell all” video… exposing one of the most shocking events in our country’s history… andthe one move every American needs to make today. • Buy This $5 Stock BEFORE This Apple Project Goes Live • The Best $1 Investment You Can Make Today • Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” • It doesn’t matter if you have $500 or $5 million. Do this now. The postConsider Lithium Play ALB Stock After its Post-Earnings Slideappeared 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:** ['VANCOUVER, British Columbia, Nov. 28, 2022 (GLOBE NEWSWIRE) --BIGG Digital Assets Inc. (“BIGG” or the “Company”)(CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), owner of Netcoins (Netcoins.ca) (“Netcoins”), the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell, and understand cryptocurrency, and Blockchain Intelligence Group (blockchaingroup.io) (“BIG”), a leading developer of blockchain technology search, risk-scoring and data analytics solutions, is pleased to report Q3 2022 financial results. All figures are in Canadian Dollars (CAD) unless otherwise stated.\nQ3 2022 Highlights:\n• Gross operating revenue of $1.52M, with $1M for Netcoins and $0.52M for Blockchain Intelligence Group\n• Comprehensive loss of $1.6M, down 95% from $30M comprehensive loss in Q2\n• Netcoins account, deposit and margin metrics include:Customer accounts grew ~5% in Q3 (QoQ) to ~176kCustomer fiat deposits exceeded $42.5M in the quarterGross trading margins exceeded 1.3% in Q3\n• BIG’s Q3 revenue representing 22% growth versus Q3 2021, with gross margin of 86%\n• TerraZero generated revenue of $0.86M during 2022, with BIGG’s proportionate earnings equivalent to $0.26M. During Q3 2022, BIGG’s recorded proportionate earnings were $0.12M\n• As of Sept 30, 2022, BIGG’s cash and crypto holdings were ~$19.2 million\n• The Company has no debt\nFurther Highlights:\n• BIGG currently owns ~250 Bitcoin, valued at approximately CAD $5.5M, having sold ~250 BTC to ensure financial stability regardless of any possible lengthy downturn in Bitcoin prices\n• Netcoins currently has customer Assets Under Custody of approximately $40M\n• Netcoins registered users now exceeds 183,000\n• Netcoins for November 2022, post FTX collapse, has shown a 20% increase in daily revenue\n• Blockchain Intelligence Group’s Compliance Suite (QLUE and BitRank) now supports 12 blockchains, including 496,663 ERC-20 based tokens and 124,638 NFT collections. The company has risk-scored 8.5 Billion addresses and transactions.\nSelected financial and operating information should be read in conjunction with BIGG’s unaudited condensed consolidated interim financial statements and related Management’s Discussion and Analysis for the three and nine months ended September 30, 2022, available atwww.sedar.com.\nAll financial information in this press release is prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board.\nBIGG CEO, Mark Binns, commented:\n“The crypto market has been under tremendous pressure the past two quarters, which has highlighted more than ever the need for regulation\xa0– both regulated exchanges and tools that support a regulated industry. This defines BIGG. QLUE and Netcoins have long been these companies. While Netcoins Q3 2022 showed revenue contraction highlighting the tough crypto market of the summer, Blockchain Intelligence Group revenue remained steady and BIGG’s bottom line significantly improved from the previous period. We were able to adjust quickly to market realities, cutting costs and being extra prudent with expenditures. Netcoins customer base grew by 5% in the quarter, and as volume and volatility return to the market, we believe our regulated exchange is extremely well positioned to take advantage, already showing a 20% daily revenue increase in November, post FTX collapse. We also continue to prepare for the Netcoins launch in the USA opening up a new market, which we believe is in critical need of safe and regulated trading platforms.\nIn Q3, TerraZero announced plans to go public via Reverse Take Over (RTO), expected to complete in early 2023. TerraZero’s revenue continues to rise significantly, and Mr. Reitzik and his team continue to execute and sign global brands as customers. We remain excited about the future of our TerraZero investment.\nFinally, despite the ongoing crypto ‘contagion’ seen in Q3 headlined by FTX, BIGG remains healthy with no debt and no loans of customer (or company) assets. We look forward to sharing further updates on our progress in the near future.”\nOn behalf of the BoardMark [email protected] Relations\nVictoria [email protected]: 1.480.625.5772\nAbout BIGG Digital Assets Inc.BIGG Digital Assets Inc. (BIGG) believes the future of crypto is a safe, compliant, and regulated environment. BIGG invests in products and companies to support this vision. BIGG has three portfolio companies: Netcoins (netcoins.ca), Blockchain Intelligence Group (blockchaingroup.io), and TerraZero (terrazero.com).\nBlockchain Intelligence Groupbuilds technology to power compliance and intelligence for the crypto future. Banks and crypto companies depend on our technology to monitor risk from crypto transactions. Investigators and law enforcement quickly identify and track illicit activity. Blockchain Intelligence Group is trusted globally by banks, crypto companies, law enforcement, fintechs, regtechs and governments.\nNetcoinsdevelops brokerage and exchange software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor with a focus on compliance and safety. Netcoins utilizes BitRank Verified®software at the heart of its platform and facilitates crypto trading via a self-serve crypto brokerage portal at Netcoins.app.\nTerraZerois a vertically integrated Metaverse development group and leading Web 3.0 technology company specializing in the Metaverse space. The Company’s Metaverse agnostic vision is to develop, acquire, and finance the Metaverse’s most promising companies, entrepreneurs, and developers. TerraZero also owns digital real estate and provides offices and services to those interested in the Metaverse. BIGG owns ~30% of TerraZero.\nFor more information and to register for BIGG’s mailing list, please visit our website athttps://www.biggdigitalassets.com. Or visit SEDAR atwww.sedar.com.\nForward-Looking Statements:\nCertain statements in this release are forward-looking statements, which include completion of the search technology software and other matters. Forward-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. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, and other factors, many of which are beyond the control of BIGG. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Undue reliance should not be placed on the forward-looking information because BIGG can give no assurance that they will prove to be correct. Important factors that could cause actual results to differ materially from BIGG’s expectations include, consumer sentiment towards BIGG’s products and Blockchain technology generally, technology failures, competition, and failure of counterparties to perform their contractual obligations.\nThe forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, BIGG 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, BIGG undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.\nThe CSE does not accept responsibility for the adequacy or accuracy of the content of this Press Release.', 'BIGG Digital Assets Inc. VANCOUVER, British Columbia, Nov. 28, 2022 (GLOBE NEWSWIRE) -- BI GG Digital Assets Inc. (\x93BIGG\x94 or the \x93Company\x94)(CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W) , owner of Netcoins ( Netcoins.ca ) (\x93Netcoins\x94), the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell, and understand cryptocurrency, and Blockchain Intelligence Group ( blockchaingroup.io ) (\x93BIG\x94), a leading developer of blockchain technology search, risk-scoring and data analytics solutions, is pleased to report Q3 2022 financial results. All figures are in Canadian Dollars (CAD) unless otherwise stated. Q3 2022 Highlights: Gross operating revenue of $1.52M, with $1M for Netcoins and $0.52M for Blockchain Intelligence Group Comprehensive loss of $1.6M, down 95% from $30M comprehensive loss in Q2 Netcoins account, deposit and margin metrics include: Customer accounts grew ~5% in Q3 (QoQ) to ~176k Customer fiat deposits exceeded $42.5M in the quarter Gross trading margins exceeded 1.3% in Q3 BIG\x92s Q3 revenue representing 22% growth versus Q3 2021, with gross margin of 86% TerraZero generated revenue of $0.86M during 2022, with BIGG\x92s proportionate earnings equivalent to $0.26M. During Q3 2022, BIGG\x92s recorded proportionate earnings were $0.12M As of Sept 30, 2022, BIGG\x92s cash and crypto holdings were ~$19.2 million The Company has no debt Further Highlights: BIGG currently owns ~250 Bitcoin, valued at approximately CAD $5.5M, having sold ~250 BTC to ensure financial stability regardless of any possible lengthy downturn in Bitcoin prices Netcoins currently has customer Assets Under Custody of appro **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-11-29 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $315,436,485,925 - Hash Rate: 240623292.0168823 - Transaction Count: 271512.0 - Unique Addresses: 658815.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.26 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Adrian Kwiatkowski, a hacker from Ipswich in England who stole two unreleased songs by Ed Sheeran, has been sentenced to 18 months in prison, according to theBBC. Kwiatkowski sold Sheeran's tracks, along with 12 other songs by American rapper Lil Uzi Vert, for cryptocurrency worth £131,000 (US$148,000) on the dark web. UK prosecutors said Kwiatkowski got his hands on the unreleased tracks by hacking into their cloud-based accounts. They didn't specify which cloud services those were, but he stole from a lot more artists, because authorities found 1,263 unreleased songs in his possession. American authorities launched an investigation back in 2019 after several musicians reported to the New York District Attorney's office that someone using the name Spirdark had hacked their accounts and was selling their content online. Investigators eventually linked Kwiatkowski to the email address Spirdark used with the cryptocurrency account involved in the case. Further, his UK address was linked to an IP address that was found in relation to one of the hacked devices. When he was arrested, London police found seven devices that contained 1,263 unreleased songs by 89 different artists. Authorities found more incriminating files in his hard drive, including a document where he detailed the method he used to hack into the victims' accounts. They also found his Bitcoins, which he admitted to receiving in return for the songs. In all, he pled guilty to 19 charges that included copyright infringement and possessing criminal property, enough to put him away for a year-and-a-half.... - Reddit Posts (Sample): [['u/Godeshus', 'Tarkov plays as advertised - Why is everyone complaining the game is unfair?', 866, '2022-11-29 01:10', 'https://www.reddit.com/r/EscapefromTarkov/comments/z7diek/tarkov_plays_as_advertised_why_is_everyone/', "When I got Tarkov 4 years ago I knew what I was buying. The devs own statements talked about how grueling the learning curve was, how difficult it was. How just surviving and doing nothing else is a victory. \nEvery streamer and review on Youtube layed out exactly what you were getting into. \n\n\nSo why is this sub riddled with complaints about the unfairness of it all? Newer players think players who have been playing for years like myself have an unfair advantage. Casuals complaining about how people (like myself) who are level 50+ have an unfair advantage in terms of skills, hideout functionality, gear, etc. \nI put more time into the game, so yeah, I expect that I'll have better stuff, high skills, and a general advantage over someone who doesn't play as much. Am I crazy for thinking this? \n\n\nI was exactly where you guys are right now. I wasn't good at the game, I spent 2 wipes scared in a bush. But I never blamed it on other players because I knew what I was getting into when I got the game. I focused on myself, improving my own skills at the game, learned how to PVP with the gear, in-game skills and roubles I had, and surmounted (to a point) the challenges Tarkov threw at me. \n\n\nIt's still a hard game despite my elite skills and meta gear. I still lose a lot of my engagements, and I still make a lot of mistakes. But I think about those mistakes and learn from them. I don't sit there and complain that I WOULD have won that fight if ONLY the player I engaged didn't have a bitcoin farm that they used to make money so that they can afford m61 because that's super unfair that someone else is better at managing the game's resources than me. \n\n\n/end rant \n\n\nThoughts?", 'https://www.reddit.com/r/EscapefromTarkov/comments/z7diek/tarkov_plays_as_advertised_why_is_everyone/', 'z7diek', [['u/Sea_Pancake2197', 12, '2022-11-29 01:20', 'https://www.reddit.com/r/EscapefromTarkov/comments/z7diek/tarkov_plays_as_advertised_why_is_everyone/iy5zwlt/', "Plays as advertised wouldn't be a cheater doming me through 500m of thick brush on woods in the dead of night. But other than that yea.\n\nEdit: or is that exactly as advertised lmao", 'z7diek'], ['u/Juking_is_rude', 570, '2022-11-29 01:31', 'https://www.reddit.com/r/EscapefromTarkov/comments/z7diek/tarkov_plays_as_advertised_why_is_everyone/iy61fex/', 'The game is not perfect and there are a lot of legitimate complaints. \n\nStill, it\'s ruined other shooters for me and a lot of players, so people are stuck with it lol. They\'ll say "argh, this is bullshit, that is bullshit, grumble grumble" and then boot up another raid. [this classic comic](http://i594.photobucket.com/albums/tt30/johannn98/rage58.gif) always comes to mind.\n\nForums like this are always where people go to vent and complain, nothing new here.', 'z7diek'], ['u/malapropter', 20, '2022-11-29 01:39', 'https://www.reddit.com/r/EscapefromTarkov/comments/z7diek/tarkov_plays_as_advertised_why_is_everyone/iy62f2k/', 'It\'s a tale as old as time.\n\n1. Something new is created. Let\'s call it Thing 1.\n2. People are attracted to Thing 1 because it\'s unique, new and different. Let\'s call those people Group A.\n3. Eventually, group A\'s membership grows to the point that it hits a sort of critical mass, and membership of that group becomes the cool new thing. Call membership of Group A "Thing 2". The existence of Thing 2 attracts the attention of other groups, say Group B and Group C.\n4. Groups B and C are already groups because they were fans of different things, call them Thing B and Thing C.\n5. Groups B and C are not necessarily attracted to Thing 1, **they\'re attracted to being a part of Thing 2.** As such, they might have criticisms of Thing 1 that aren\'t shared by the original members of Group A. They want Thing 1 to be more like Thing B and Thing C, the Things that made them a group in the first place.\n6. At a certain point, Group A is outnumbered and pushed out by Groups B and C. What was once the dedicated fanbase is now an outcast minority.\n7. This can result in changes being made to appease a new majority, a majority that was never really a fan of Thing 1 in the first place.\n8. Thing 1 changes so much that Group A no longer has a reason to enjoy it, and they move on to different and new things.\n\nBasically, a lot of the complainers here don\'t actually want to play Tarkov ***as it actually exists***, they just want to *say* they play Tarkov and have it turn into a different game. You\'ll notice that the bulk of the complaining is done by first wipe players, who, in spite of putting in hundreds of hours, are absolute newcomers to the game.\n\nLuckily, Nikita is really good about not listening to the community, so the possibility of #8 happening is relatively slim. I\'ve seen it in other games, though. It happened to Fortnite when it became a BR. It happened to PUBG when it changed from a slightly hardcore survival BR to a super-arcadey Apex/Warzone ripoff. It happened to R6 Siege when it became a waifu simulation Valorant ripoff.\n\nBased Nikita, on the other hand, ignores the pleas of the feeble-ass casual timmy and only makes the game more challenging and less fun with every wipe.', 'z7diek'], ['u/aBeaSTWiTHiNMe', 28, '2022-11-29 01:46', 'https://www.reddit.com/r/EscapefromTarkov/comments/z7diek/tarkov_plays_as_advertised_why_is_everyone/iy63axg/', 'EFT as advertised \n\n"Escape from Tarkov is a hardcore and realistic online first-person action RPG/Simulator with MMO features and a story-driven walkthrough."\n\nIt\'s uhhhhh not quite there yet, so I think complaints are warranted. It\'s actually hilarious to read through the "about" page on the website and see how they talk up the game like any feature they advertise is fleshed out or finished in any way at all :p', 'z7diek'], ['u/Gizmo_51', 108, '2022-11-29 01:49', 'https://www.reddit.com/r/EscapefromTarkov/comments/z7diek/tarkov_plays_as_advertised_why_is_everyone/iy63slg/', "I don't give a shit about anything you brought up. The problem with the game is the infestation of hackers, networking, and sound.", 'z7diek'], ['u/sm0ke1cs', 299, '2022-11-29 01:50', 'https://www.reddit.com/r/EscapefromTarkov/comments/z7diek/tarkov_plays_as_advertised_why_is_everyone/iy63vka/', "Average EFT player doesn't want the game that is advertised by BSG, they want the game advertised by LVNDMARK and Pestily", 'z7diek'], ['u/DJChungus', 22, '2022-11-29 01:54', 'https://www.reddit.com/r/EscapefromTarkov/comments/z7diek/tarkov_plays_as_advertised_why_is_everyone/iy64emo/', 'Yeah the hacking and desync are the biggest issues with the game, imo, and i see more complaints about that than anything else and rightfully so.', 'z7diek'], ['u/rustytheviking', 74, '2022-11-29 02:04', 'https://www.reddit.com/r/EscapefromTarkov/comments/z7diek/tarkov_plays_as_advertised_why_is_everyone/iy65mtv/', 'I’ve been playing for two weeks. I had a decent stash built up from ratting. I sold it all a few days ago and have been rocking mosins, sks and paca’s. I figured if I learn to live and fight with the basics the rest would fall in place when the flea market opens up to me as well as level 2 traders. \n\nIt’s been a blast so far', 'z7diek'], ['u/Kboehm', 20, '2022-11-29 02:10', 'https://www.reddit.com/r/EscapefromTarkov/comments/z7diek/tarkov_plays_as_advertised_why_is_everyone/iy66hvt/', "I'm at the bottom of the ladder getting shit on by Chad's constantly and I'm having a blast honestly its the most fun game I've ever played. I love the difficulty because it gives me a carrot that is so far in front of me that I have no idea if ill ever get it. You think you want the carrot but look at all the bitching on this sub from people who have caught the carrot and then some, there's nothing left for them but to bitch.", 'z7diek'], ['u/sneak_king18', 10, '2022-11-29 02:25', 'https://www.reddit.com/r/EscapefromTarkov/comments/z7diek/tarkov_plays_as_advertised_why_is_everyone/iy68c8t/', 'Welcome to the world. People complain about their issues and try to get like minded folk to jump on the bandwagon to make themselves feel better about their deficiency.', 'z7diek'], ['u/CloudShannen', 76, '2022-11-29 02:26', 'https://www.reddit.com/r/EscapefromTarkov/comments/z7diek/tarkov_plays_as_advertised_why_is_everyone/iy68gr6/', 'The OP and others use straw man arguments that only a small amount of the community even says, ignores the main arguments such what you have brought up and then argued against the Straw man argument because its easy and ignores the rest.\n\nWelcome to the Internet, be it to try look smart or to defend something they have put so much (emotional) time into or thinking they are being edgy or cool... or probably more so trying to imply they are better then the average person etc.', 'z7diek'], ['u/vgamedude', 10, '2022-11-29 02:28', 'https://www.reddit.com/r/EscapefromTarkov/comments/z7diek/tarkov_plays_as_advertised_why_is_everyone/iy68rnw/', '"as realistic as playable"\nnot as advertised LMFAO', 'z7diek'], ['u/MarshyFam', 35, '2022-11-29 02:37', 'https://www.reddit.com/r/EscapefromTarkov/comments/z7diek/tarkov_plays_as_advertised_why_is_everyone/iy69ujn/', "You'll go far my friend", 'z7diek'], ['u/A1pH4W01v', 23, '2022-11-29 02:38', 'https://www.reddit.com/r/EscapefromTarkov/comments/z7diek/tarkov_plays_as_advertised_why_is_everyone/iy6a1z4/', '"As advertised"\n\nAh yes because running around with 40KG worth of gear and heavy armor at the speed of Usian Bolt and hipfiring accurately up to 50 meters while having noodle arms is definitely realistic and tactical.\n\nI wanted to play the game like a pretty challenging tactical shooter and overtime it just feels like CoD with ice boots.', 'z7diek'], ['u/late_-', 148, '2022-11-29 02:46', 'https://... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin and Ether rose in Wednesday morning trading in Asia, with all other non-stablecoin top 10 cryptocurrencies also gaining ground as China on Tuesday said it will relax some Covid rules in response to protests. The demonstrations started last week and spread to several cities, rattling capital markets around the world.\nSee related article:Bitcoin price follows slide in Asia equity markets amid growing China protests against Covid-19 lockdowns\n• Bitcoin rose 1.5% to US$16,467 in the 24 hours to 8 a.m. in Hong Kong, while Ether gained 4.25% to trade at US$1,219,according to CoinMarketCap.\n• Dogecoin saw the biggest gains in CoinMarketCap’s top 10 list, rising 6.75% to US$0.10, bringing its gains for the past seven days to 30%. Dogecoin has risen in recent weeks as long-time advocate Elon Musk hinted it may be used for payments in a revamp of the Twitter social media platform that he bought in late October.\n• XRP rose 2.1% to change hands at US$0.39. The gains came despite Coinbase Global Inc., the largest U.S.-based crypto exchange, saying its wallets would no longer support XRP,\xa0 as well as Bitcoin Cash and Stellar tokens, from January 2023 citing low usage. Investors seemed unconcerned by this as all three tokens gained over 1%.\n• The total crypto market capitalization stood at US$834 billion, down 18% from US$1.023 trillion on Nov. 9, or before the FTX.com exchange filed for bankruptcy.\n• Trading volume in the past 24 hours fell 13.05% to US$43.27 billion.\n• U.S. equities had a mixed Tuesday. The Dow Jones rose less than 0.1%, while the S&P 500 Index fell 0.2% and the Nasdaq Composite Index closed down 0.6% in a third straight day of losses for the latter two indexes.\n• Investors are looking to Wednesday when the U.S. Federal Reserve Chair Jerome Powell will speak on the state of the economy and inflation. The Fed has raised interest rates by 75 basis points four times this year to slow inflation, but is expected to raise by 50 basis points in the Dec. 13-14 meeting.\n• The Fed has been hiking interest rates since March this to try to slow inflation, raising them from near zero to a 15-year high of 3.75% to 4%, and have signaled that rates may end up exceeding 5%. The Fed has indicated it will continue to raise rates until inflation reaches a target range of 2%. The consumer price index showed inflation was running at 7.7% in October, down from 8.2% in September.\nSee related article:NFT images of anti-lockdown protests in China flood OpenSea', 'Bitcoin and Ether rose in Wednesday morning trading in Asia, with all other non-stablecoin top 10 cryptocurrencies also gaining ground as China on Tuesday said it will relax some Covid rules in response to protests. The demonstrations started last week and spread to several cities, rattling capital markets around the world.\nSee related article:Bitcoin price follows slide in Asia equity markets amid growing China protests against Covid-19 lockdowns\n• Bitcoin rose 1.5% to US$16,467 in the 24 hours to 8 a.m. in Hong Kong, while Ether gained 4.25% to trade at US$1,219,according to CoinMarketCap.\n• Dogecoin saw the biggest gains in CoinMarketCap’s top 10 list, rising 6.75% to US$0.10, bringing its gains for the past seven days to 30%. Dogecoin has risen in recent weeks as long-time advocate Elon Musk hinted it may be used for payments in a revamp of the Twitter social media platform that he bought in late October.\n• XRP rose 2.1% to change hands at US$0.39. The gains came despite Coinbase Global Inc., the largest U.S.-based crypto exchange, saying its wallets would no longer support XRP,\xa0 as well as Bitcoin Cash and Stellar tokens, from January 2023 citing low usage. Investors seemed unconcerned by this as all three tokens gained over 1%.\n• The total crypto market capitalization stood at US$834 billion, down 18% from US$1.023 trillion on Nov. 9, or before the FTX.com exchange filed for bankruptcy.\n• Trading volume in the past 24 hours fell 13.05% to US$43.27 billion.\n• U.S. equities had a mixed Tuesday. The Dow Jones rose less than 0.1%, while the S&P 500 Index fell 0.2% and the Nasdaq Composite Index closed down 0.6% in a third straight day of losses for the latter two indexes.\n• Investors are looking to Wednesday when the U.S. Federal Reserve Chair Jerome Powell will speak on the state of the economy and inflation. The Fed has raised interest rates by 75 basis points four times this year to slow inflation, but is expected to raise by 50 basis points in the Dec. 13-14 meeting.\n• The Fed has been hiking interest rates since March this to try to slow inflation, raising them from near zero to a 15-year high of 3.75% to 4%, and have signaled that rates may end up exceeding 5%. The Fed has indicated it will continue to raise rates until inflation reaches a target range of 2%. The consumer price index showed inflation was running at 7.7% in October, down from 8.2% in September.\nSee related article:NFT images of anti-lockdown protests in China flood OpenSea', 'Bitcoin and Ether rose in Wednesday morning trading in Asia, with all other non-stablecoin top 10 cryptocurrencies also gaining ground as China on Tuesday said it will relax some Covid rules in response to protests. The demonstrations started last week and spread to several cities, rattling capital markets around the world. See related article: Bitcoin price follows slide in Asia equity markets amid growing China protests against Covid-19 lockdowns Fast facts Bitcoin rose 1.5% to US$16,467 in the 24 hours to 8 a.m. in Hong Kong, while Ether gained 4.25% to trade at US$1,219, according to CoinMarketCap . Dogecoin saw the biggest gains in CoinMarketCap’s top 10 list, rising 6.75% to US$0.10, bringing its gains for the past seven days to 30%. Dogecoin has risen in recent weeks as long-time advocate Elon Musk hinted it may be used for payments in a revamp of the Twitter social media platform that he bought in late October. XRP rose 2.1% to change hands at US$0.39. The gains came despite Coinbase Global Inc., the largest U.S.-based crypto exchange, saying its wallets would no longer support XRP,\xa0 as well as Bitcoin Cash and Stellar tokens, from January 2023 citing low usage. Investors seemed unconcerned by this as all three tokens gained over 1%. The total crypto market capitalization stood at US$834 billion, down 18% from US$1.023 trillion on Nov. 9, or before the FTX.com exchange filed for bankruptcy. Trading volume in the past 24 hours fell 13.05% to US$43.27 billion. U.S. equities had a mixed Tuesday. The Dow Jones rose less than 0.1%, while the S&P 500 Index fell 0.2% and the Nasdaq Composite Index closed down 0.6% in a third straight day of losses for the latter two indexes. Investors are looking to Wednesday when the U.S. Federal Reserve Chair Jerome Powell will speak on the state of the economy and inflation. The Fed has raised interest rates by 75 basis points four times this year to slow inflation, but is expected to raise by 50 basis points in the Dec. 13-14 meeting. The Fed has been hiking interest rates since March this to try to slow inflation, raising them from near zero to a 15-year high of 3.75% to 4%, and have signaled that rates may end up exceeding 5%. The Fed has indicated it will continue to raise rates until inflation reaches a target range of 2%. The consumer price index showed inflation was running at 7.7% in October, down from 8.2% in September. See related article: NFT images of anti-lockdown protests in China flood OpenSea', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin, ether and other major cryptocurrencies swung upward despite ongoing concerns about FTX fallout and macroeconomic uncertainties.\nInsights:Grayscale\'s other digital asset trusts don\'t have as much institutional interest as GBTC, which trades a serious discount but is still being scooped up by Cathie Wood\'s ARK.\nBitcoin Climbs Toward $17K, Despite Investor Unease\nBy James Rubin\nBitcoin continued its surge from Monday, despite ongoing investor unease over FTX fallout, central bank monetary hawkishness and the potential impact of mass protests in China over the country\'s harsh covid restrictions.\nThe largest cryptocurrency by market capitalization was recently trading over $16,979, up nearly 4.5% during the previous 24 hours and its highest point in about two weeks. BTC has shown remarkable resilience, holding largely above $16,000 in the nearly month since crypto exchange FTX started to implode after a CoinDesk story about irregularities in its balance sheet.\n"People are nervous now," John Peurifoy, co-founder and CEO of crypto brokerage firm Floating Point Group, told CoinDesk TV\'s First Mover program. "They\'re nervous about where the contagion goes, what counter-parties they\'re working with. Can they put money in different places? Are they going to lose it? So people are cautious."\nEther fared even better, recently climbing more than 7.5% to $1,272, its highest level since the second week of November. Other major cryptos assumed various hues of green, most of them dark with UNI, the token of the smart contracts-based Uniswap platform, and SUSHI, the token of the decentralized exchange SushiSwap, each recently rising over 7%. The popular meme coin DOGE continued its momentum, rising 6% to trade at over $.10 U.S. cents. DOGE has jumped roughly 50% over the past week.\nU.S. equity indexes closed mixed amid rising macroeconomic uncertainties with the tech-heavy Nasdaq and S&P 500 down 0.5% and 0.1%, respectively, but the Dow Jones Industrial Average trading flat. On Tuesday the Chinese government ratcheted up its efforts to quell the Covid-related demonstrations, sending police to protest hubs and increasing online censorship.\nAnd markets will be listening nervously on Wednesday to remarks by U.S. Federal Reserve Chair Jerome Powell, who is scheduled tospeak at the Hutchins Center on Fiscal and Monetary Policy. Fed officials have recently suggested an openness to more dovish inter **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-11-30 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $324,886,330,019 - Hash Rate: 253481025.1780897 - Transaction Count: 271416.0 - Unique Addresses: 656181.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.29 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Good morning. Here’s what’s happening: Prices: Bitcoin, ether and other major cryptos plummet on a turbulent day in digital asset markets. Insights: Prediction markets are split whether Binance will follow through on its proposed acquisition of FTX. 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 CoinDesk Market Index (CMI) 915.50 −117.1 ▼ 11.3% Bitcoin (BTC) $18,231 −2407.9 ▼ 11.7% Ethereum (ETH) $1,315 −257.3 ▼ 16.4% S&P 500 daily close 3,828.11 +21.3 ▲ 0.6% Gold $1,711 −0.9 ▼ 0.1% Treasury Yield 10 Years 4.13% ▼ 0.1 BTC/ETH prices per CoinDesk Indices ; gold is COMEX spot price. Prices as of about 4 p.m. ET Crypto Prices Plunge on Turbulent Day By James Rubin As earthquakes go, FTX's liquidity issues and proposed acquisition by Binance on Tuesday fell somewhere in the mid range – moderate damage to the industry's reputation and price declines that sent bitcoin and other major cryptos back to mid-October levels. Bitcoin was recently trading at about $18,400, a more than 11% decline over the last 24 hours. The largest cryptocurrency by market capitalization last fell below $19,000 on Oct. 21. Ether was recently changing hands a little above $1,300, off more than 16% from Monday, same time. Other major altcoins sank by double digits to cap a turbulent day that saw crypto markets sink immediately following the Binance/FTX announcement, rise hopefully and then sink again as investors absorbed the rapid decline of one of the crypto industry's leading lights. A version of this article originally appeared in Market Wrap , CoinDesk’s daily newsletter diving into what happened in today's crypto markets. Subscribe to get it in your inbox every day . FTX’s FTT token was trading at just below $6, a 74% decline during the past 24 hours. Solana's SOL , which had tumbled Monday on speculation that Bankman-Fried's trading firm, Alameda Research, might have to dump some of its holdings in a bid to raise liquidity, was off nearly 22%. Binance’s BNB token outperformed the market, but was still down about 4%. Story continues The CoinDesk Market Index , a broad-based index designed to measure the market capitalization weighted performance of the digital asset market, recently fell just 0.5% but was down over 10% at one point. “The FTT token will find it very hard if not impossible to recover while SOL and ecosystem tokens are likely to suffer losses too as trust appears to be eroded entirely,” wrote Joe DiPasquale, CEO of crypto fund manager BitBull Capital, in an email to CoinDesk, although he noted optimistically that “we don’t “expect bitcoin to face an extreme scenario. In fact, it could see increased inflows as market participants withdraw from riskier assets.” “Either way, the sooner this gets resolved the better it is for the space, especially as it is likely to draw more attention from regulators,” DiPasquale wrote. As U.S. voters went to the polls for midterm elections, stocks continued their momentum from Monday as the tech-heavy Nasdaq and S&P 500 rose a few fractions of a percentage point, while the the Dow Jones Industrial Average (DJIA) was up 1%. Safe haven gold also had another upbeat day , climbing 2.2%. In an email, Marieke Fament, CEO of the NEAR Foundation, called said that "consolidation is inevitable in crypto's current bear market,” but also saw FTX’s problems and the proposed acquisition as a potential learning experience. “There's nowhere to hide during crypto winter – and developments such as the acquisition of FTX by Binance underscores the challenges and lack of transparency behind the scenes of some key players – which undermine the reputation of crypto,” Fament said. “Moving forward, the ecosystem is going to learn from these mistakes and hopefully create a stronger sector that puts honesty, transparency and consumer protection at the heart of their businesses." Biggest Gainers There are no gainers in CoinDesk 20 today. Biggest Losers Asset Ticker Returns DACS Sector Terra LUNA −23.8% Smart Contract Platform Dogecoin DOGE −23.7% Currency Loopring LRC −22.6% Smart Contract Platform Insights Prediction Markets Split on Whether Binance Will Follow Through on FTX Deal By Sam Reynolds FTX and Binance shocked the crypto market on Tuesday by announcing that the former would sell itself to the latter. Sam Bankman-Fried, once thought of as the "Warren Buffet" of crypto, is set to vanish from his throne. But will the deal go through? Right now it's only a non-binding letter of intent that is subject to Binance’s due diligence. The market, however, is giving it an almost even chance of failing. (Polymarket) Investors on Polymarket think there’s a 45% chance that Binance will pull out of the FTX deal and a 55% chance the deal goes through. Granted, the volume is small at $573 so the sample size is not large. Polymarket ran similar contracts about the Elon Musk-Twitter takeover deal, asking if Musk would be the CEO of Twitter by Nov. 30 . Given how much drama was involved in the deal, with Musk attempting to pull out of it , it looked like the “no” side was all but certain to win. Then things changed . Remember that Binance’s deal for FTX doesn’t include Alameda Research, the market maker and investment fund which kicked off this crisis. So maybe the exchange will sail through due diligence, or maybe there are a few more skeletons in the closet. Important events 9:30 a.m.HKT/SGT(1:30 UTC) China Consumer Price Index (YoY/Oct) Sharm El-Sheikh UN Climate Change Conference 2022 (Egypt) TOKEN2049 (London) CoinDesk TV In case you missed it, here is the most recent episode of "Money Reimagined" on CoinDesk TV : Blockchains, the Solution to Climate Change Concerns, From Nearcon 2022 “Money Reimagined,” hosts Michael Casey and Sheila Warren were together again at Nearcon 2022. They spoke with Marc Johnson, an environmental solutions architect for Protocol Labs, and Fred Fournier, CEO of Open Forest Protocol, about blockchain sustainability and the data needed to combat the concerns of climate change. Headlines FTX Agrees to Sell Itself to Rival Binance Amid Liquidity Scare at Crypto Exchange: The two crypto exchange giants signed a a non-binding letter of intent, Binance CEO Changpeng Zhao confirmed on Twitter. Yuga Labs, Circle, SkyBridge Among Investments FTX Ventures Made Prior to Liquidity Issues: FTX Ventures invested in some of the biggest names in crypto. Meanwhile, TradFi giants such as Tiger Global participated in FTX's funding rounds. FTX’s Push for US Crypto Clearing Left In Suspense By Binance Deal: The fate of FTX U.S. Derivatives’ application for the authority to clear customers’ crypto transactions – a potential game changer in U.S. markets – is now unclear. FTX Exchange Halts All Crypto Withdrawals: Customer withdrawals that were previously processing but backlogged have been halted altogether, according to an announcement in the FTX Support Telegram group. 'Pharma Bro' Martin Shkreli to LUNA's Do Kwon: 'Jail Is Not That Bad': The crypto villians discussed the impending FTX-Binance deal on the UpOnly podcast on Tuesday.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['In a nearly90-minute interviewat the New York Times Dealbook Summit on Wednesday, disgraced FTX cofounder and former CEO Sam Bankman-Fried said he "didn\'t try to commit fraud" as his crypto empirecollapsedin a matter of days earlier this month.\nSpeaking with Andrew Ross Sorkin remotely from the Bahamas, Bankman-Fried, known as SBF in the crypto world, stated: "I did not knowingly commingle funds" between FTX and the trading firm Almadea Research, which he also co-founded.\nIn his first reply, Bankman-Fried asserted: "I didn’t ever try to commit fraud on anyone. I was shocked."\nAt the beginning of this year, Bankman-Fried\'s offshore exchange and U.S subsidiary carried a combined valuation of $40 billion, according to data from Crunchbase. By the end of the first quarter, Bankman-Fried\'s personal wealth had risen to over $25 billion, according to theBloomberg Billionaire Index.\nLess than seven months later, the 30-year-oldsigned his crypto empire into Chapter 11 bankruptcy and resigned as CEO. FTX and affiliate firms owe more than a million customers an estimated $8 billion — assets it doesn\'t have on hand.\n"I\'ve had a bad month," Bankman-Fried told Sorkin. "This has not been any fun for me. But that\'s not what matters here. What matters here is the millions of customers, what matters here is the stakeholders in FTX. And what matters is trying to help them out."\nAsked about his personal finances, Bankman-Fried said: "I think I might have one working credit card left." In a Tuesdayinterviewwith Axios, he said he no idea where his current net worth stood: “Am I allowed to say a negative number?” he joked, later offering he "had $100,000 in my bank account last I checked."\nIn the past 30 days, Bankman-Fried has faced financial ruin and become the key subject of both civil and criminal investigations started by the U.S. Justice Department, Securities and Exchange Commission, Texas State Securities Board, as well as Bahamian authorities.\nAppearing visibly nervous — at one time spilling a LaCroix on his shirt — Bankman-Fried tried to insist on a lack of understanding about the interconnectedness between FTX and Alameda Trading, including any access to customer funds Alameda may have had.\nIn Bankman-Fried\'s telling, from FTX\'s earliest days, he was concerned about the conflict of interest between the exchange business and Alameda. Bankman-Fried\'s ignorance about the inner-workings of his own business, in his telling, were presented as a deliberate choice.\n"I was worried about the conflict of interest, of being too involved," Bankman-Fried said. "I hadn’t been running Alameda, or thinking about its finances, or making those decisions."\nPressed about the source of profits for his combined businesses, Bankman-Fried said: "I think Alameda made trading profits, but FTX made profits as well. FTX had been growing profitable business."\nHe added that "I did not have the bandwidth or attention to run Alameda and FTX at once."\nFTX’s whirlwind collapse started as a public spectacle on November 2, when areportfrom CoinDesk revealed leaked financials of Alameda Research.\nAlameda\'s balance sheet showed not only did the bulk of its $14.6 billion in claimed assets come from holding crypto tokens created by Bankman-Fried enterprises, but also 92% of its $8 billion in liabilities were tied up in loans.\n"Clearly I was not nearly cautious enough from the extreme downside perspective," Bankman-Fried said Wednesday, attributing much of his company\'s downfall to plunging crypto prices over the course of 2022.\nIn a convoluted and at times circular telling of how FTX ultimately collapsed, Bankman-Fried flagged November 6 as a crucial turning point.\n"By late November 6, I\'m very nervous that things might end quite badly," Bankman-Fried said. That day Changpeng Zhao, CEO of rival crypto exchange Binance,said his company planned to selltheir sizable holdings in FTX’s crypto token, FTT, due to "recent revelations."\nThe following day, in a since-deleted tweet, Bankman-Fried said: "FTX has enough to cover all client holdings. We don\'t invest client assets (even in treasuries). We\'ve been processing all withdrawals, and will continue to be."\nBehind the scenes, internal communicationsviewedby the New York Times showed in his final days as CEO, Bankman-Fried insisted he could find a way to keep FTX running despite mounting evidence and FTX lawyers pointing to the opposite.\nOn Wednesday, Bankman-Fried reiterated his view that there had been "a lot of fairly strong interest" in financing a bailout of FTX right until the bitter end.\nBy November 11, just five days after Bankman-Fried said he grew "nervous" about problems at his company, FTX had filed for bankruptcy.\n“Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here,” FTX\'s new CEO John Jay Ray, the same lawyer responsible forwinding down Enron in 2002, said in a November 17 filing.\nAt times on Wednesday, Bankman-Fried took pains to draw a distinction between FTX\'s U.S. business and its offshore exchange.\nBankman-Fried said FTX U.S. is currently fully solvent "to my knowledge" but did not offer an explanation for why the company filed bankruptcy. At various points, Bankman-Fried suggested FTX\'s U.S. business could open customer withdrawals today and meet their full obligations. Some insiders have told Yahoo Finance that the businesses may have been too difficult to untangle.\nAsked by Sorkin whether he\'d considered returning to the U.S., Bankman-Fried said: "I\'ve thought about it" and that "to [his] knowledge" he\'d be able to travel back to the U.S.\nIn reference tohearings scheduledby lawmakers regarding the collapse of FTX, Bankman-Fried said: "I would not be surprised if sometime I am [on Capitol Hill] talking about what happened to our representatives, or wherever else is most appropriate."\nAsked by Sorkin whether his legal team had been advising him to give an extensive interview to the New York Times, Bankman-Fried said: "No, they are very much not. The classic advice, right, don\'t say anything, recede into a hole. That\'s not who I am, that\'s not who I want to be. And I think I have a duty to talk."\nAninterviewbetween Bankman-Fried and George Stephanopoulos is set to air on Good Morning America Thursday morning.\nAsked about his future on Wednesday, Bankman-Fried said: "I don\'t know what my far future is. When you fast forward I have no idea what I\'m going to be doing a long time from now." He then steered the discussion back towards his desire to be "helpful wherever I can" in getting customer funds returned.\nNear the end of the interview, Sorkin asked Bankman-Fried what he\'d tell customers of other exchanges who were concerned about the safety of their assets.\n"So, look, I don\'t know exactly what\'s going on at other exchanges," Bankman-Fried said. "I can tell you what I would think as a customer — look for the things FTX should\'ve been able to supply."\nWhen asked by Sorkin whether Bankman-Fried had been truthful during his interview on Wednesday, the disgraced founder demurred.\n"I was as truthful as I\'m knowledgable to be," Bankman-Fried said. "There are some things I wish I knew more about, but yes I was."\nWhen pressed if Bankman-Fried agreed that he had lied at times during his leadership of FTX, Bankman-Fried said: "I don\'t know of times when I lied," — also conceding that there were times he served as a "marketer" for FTX\'s various businesses.\n"I wish I\'d spent more time dwelling on the downsides and less time thinking about the upsides," Bankman-Fried said.\nDavid Hollerith is a senior reporter at Yahoo Finance covering the cryptocurrency and stock markets. Follow him on Twitter at@DsHollers\nAlexandra Semenova is a reporter for Yahoo Finance. Follow her on Twitter@alexandraandnyc\nClick here for the latest crypto news, updates, values, prices, and more related to Bitcoin, Ethereum, Dogecoin, DeFi and NFTs\nRead the latest financial and business news from Yahoo Finance\nDownload the Yahoo Finance app forAppleorAndroid\nFollow Yahoo Finance onTwitter,Facebook,Instagram,Flipboard,LinkedIn, andYouTube', 'In a nearly 90-minute interview at the New York Times Dealbook Summit on Wednesday, disgraced FTX cofounder and former CEO Sam Bankman-Fried said he "didn\'t try to commit fraud" as his crypto empire collapsed in a matter of days earlier this month. Speaking with Andrew Ross Sorkin remotely from the Bahamas, Bankman-Fried, known as SBF in the crypto world, stated: "I did not knowingly commingle funds" between FTX and the trading firm Almadea Research, which he also co-founded. In his first reply, Bankman-Fried asserted: "I didn’t ever try to commit fraud on anyone. I was shocked." Andrew Ross Sorkin speaks with FTX founder Sam Bankman-Fried during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center on November 30, 2022 in New York City. (Photo by Michael M. Santiago/Getty Images) (Michael M. Santiago via Getty Images) At the beginning of this year, Bankman-Fried\'s offshore exchange and U.S subsidiary carried a combined valuation of $40 billion, according to data from Crunchbase. By the end of the first quarter, Bankman-Fried\'s personal wealth had risen to over $25 billion, according to the Bloomberg Billionaire Index . Less than seven months later, the 30-year-old signed his crypto empire into Chapter 11 bankruptcy and resigned as CEO . FTX and affiliate firms owe more than a million customers an estimated $8 billion — assets it doesn\'t have on hand. "I\'ve had a bad month," Bankman-Fried told Sorkin. "This has not been any fun for me. But that\'s not what matters here. What matters here is the millions of customers, what matters here is the stakeholders in FTX. And what matters is trying to help them out." Asked about his personal finances, Bankman-Fried said: "I think I might have one work **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-12-01 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $329,147,360,625 - Hash Rate: 281033310.52353424 - Transaction Count: 285467.0 - Unique Addresses: 704310.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.27 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: This week in coins. Illustration by Mitchell Preffer for Decrypt. It was the fifth consecutive week of either flat prices or losses, but flatness suddenly looks a little more promising than usual. New data from Kaiko finds that Bitcoin is less volatile than equities for the first time in two years, as BTC appears to be decoupling from the stock market. Bitcoin and Ethereum each barely budged (up less than 2%) in the past seven days. BTC currently trades for $19,202, while ETH changes hands at $1,302 at the time of writing. = The past week’s biggest losers among the best-known names were Solana (SOL), which dropped 6% despite continued indicators of NFT growth on Solana , XRP, which dropped 4% despite Ripple general counsel Stu Alderoty touting that Ripple obtained the SEC emails it had been fighting for, and Cardano (ADA), down 4%. The largest gain of the entire top 20 was a mere 4% rally in the past week for Polygon (MATIC). Crypto winter chills Regulators continue to dig into crypto. The SE  and CFTC are investigating bankrupt crypto hedge fund Three Arrows Capital (3AC) to see whether it “violated rules by misleading investors about the strength of its balance sheet and not registering with the agencies,” according to reports at the start of the week. 3AC was one of the biggest casualties of the industry’s liquidity crisis, which has been ongoing since Terra’s collapse back in May. At the time it filed for bankruptcy, 3AC owed at least $3.5 billion to its creditors. On Wednesday, Berlin’s crypto-integrated bank Nuri announced it was shuttering operations due to the “insuperable” challenges of attracting investment or an acquisition bid. Formerly known as Bitwala, Nuri filed for insolvency in August this year after cutting 20% of its workforce as the firm struggled with the bear market. Nuri also referred to now-bankrupt crypto lender Celsius as “one of our main business partners,” whose own insolvency “worsened the situation significantly and put us over the edge.” Nuri says its customer assets are secure and unaffected by the company’s insolvency and that they can continue crypto trading until the end of November. Story continues ​​ Dispatches from Washington On Wednesday, a copy of the in-progress Digital Commodities Consumer Protection Act (DCCPA), a bill outlining how the CFTC would regulate the crypto industry , was uploaded to GitHub by Gabriel Shapiro, a crypto attorney and general counsel at Delphi Labs. The DCCPA was introduced by Senators Debbie Stabenow (D-MI) and John Boozman (R-AR) in August and has garnered support from Coinbase and FTX CEO Sam Bankman-Fried for offering an alternative to what several have perceived as a regulation-by-enforcement strategy from the SEC. Over 18 months and 6 court orders later, we finally have the Hinman docs (internal SEC emails and drafts of his infamous 2018 speech). While they remain confidential for now (at the SEC’s insistence), I can say that it was well worth the fight to get them. — Stuart Alderoty (@s_alderoty) October 20, 2022 Stuart Alderoty, the general counsel of XRP progenitors Ripple, on Thursday broke the news that Ripple’s defense had finally gotten its hands on a trove of internal SEC emails and documents. Ripple has been facing a lawsuit from the regulator for almost two years, after the SEC alleged that XRP was being sold as an unregistered security. The materials in question—dubbed “the Hinman documents”—concern former SEC director William Hinman and his much-publicized speech at a Yahoo Finance event in 2018 declaring that Ethereum—like Bitcoin—was "sufficiently decentralized" and not subject to federal securities regulation. Alderoty tweeted that after 18 months, access to the discovery collection was “well worth the fight.”... - Reddit Posts (Sample): [['u/Neiro-X', 'CBTC the correct abbreviation?', 16, '2022-12-01 02:07', 'https://www.reddit.com/r/LondonUnderground/comments/z99igu/cbtc_the_correct_abbreviation/', "I keep seeing this discussion. Is the CBTC used on the purple line a little bit different from all the other CBTC out there or did they just downright have it wrong at MTR because the CBTC on the sub-surface lines was definitely Communications as oposed to 'Computer'", 'https://www.reddit.com/gallery/z99igu', 'z99igu', [['u/Questjon', 11, '2022-12-01 02:25', 'https://www.reddit.com/r/LondonUnderground/comments/z99igu/cbtc_the_correct_abbreviation/iyfplf7/', 'It is 100% communications not computer. The purple line (Elizabeth Line [Crossrail]) uses CBTC, ERTMS and TPWS in different sections. [See here for more information](https://2577f60fe192df40d16a-ab656259048fb93837ecc0ecbcf0c557.ssl.cf3.rackcdn.com/assets/library/document/s/original/signalling_and_testing_on_the_elizabeth_line_v4.pdf)', 'z99igu']]], ['u/Severe-Bridge5369', 'Creating random websites for passive income', 113, '2022-12-01 02:09', 'https://www.reddit.com/r/passive_income/comments/z99kfz/creating_random_websites_for_passive_income/', 'Wanted someones thoughts from you guys…\n\nLets say you make silly little utility websites like https://www.usdebtclock.org/\n\nSlap some ads on it. What would it take for this to be profitable? Domains can be as cheap as $20 a year. Does anyone have experience doing this?', 'https://www.reddit.com/r/passive_income/comments/z99kfz/creating_random_websites_for_passive_income/', 'z99kfz', [['u/Winter_Glass456', 38, '2022-12-01 02:46', 'https://www.reddit.com/r/passive_income/comments/z99kfz/creating_random_websites_for_passive_income/iyfs91b/', 'Competition is fierce here. You’ll need a good SEO strategy to even get some traffic. Or maybe find something that hasn’t been developed yet.', 'z99kfz'], ['u/KahlessAndMolor', 20, '2022-12-01 03:10', 'https://www.reddit.com/r/passive_income/comments/z99kfz/creating_random_websites_for_passive_income/iyfvdv2/', "Seconding this. Marketing web products is quite hard unless you want to put some serious $$ into it. When I read OP's idea, I think it would require a lot of time doing marketing that would wind up being very low ROI.", 'z99kfz'], ['u/ImaHalfwit', 95, '2022-12-01 04:01', 'https://www.reddit.com/r/passive_income/comments/z99kfz/creating_random_websites_for_passive_income/iyg1xvl/', 'I used to play online poker as a hobby. After doing this for a few years, I had learned enough about poker strategy that I could create a website with poker specific information (bankroll management, basic cash/tourney strategy, recommended books, etc). I had product links to the strategy books, and affiliate links to poker sites (which earned me referral income).\n\nI relied on search engine traffic only and did no marketing, and within 6 months was earning $1200-$1800/ month in passive income from the site.\n\nIn mid 2000s, laws changed which basically eliminated online poker in the US which killed my traffic and income from that site. \n\nBased on that, my advice is to build a website about subject matter that you have above average expertise in so that you have some information/advice of value to share. If the content is good, people will find it.', 'z99kfz'], ['u/Severe-Bridge5369', 18, '2022-12-01 04:04', 'https://www.reddit.com/r/passive_income/comments/z99kfz/creating_random_websites_for_passive_income/iyg2e3l/', 'Thanks, appreciate the insight!!', 'z99kfz'], ['u/monty_burns', 14, '2022-12-01 05:23', 'https://www.reddit.com/r/passive_income/comments/z99kfz/creating_random_websites_for_passive_income/iygbwxb/', 'The cost is in driving traffic to the site so you can make money from the ads.', 'z99kfz'], ['u/easyjo', 10, '2022-12-01 06:41', 'https://www.reddit.com/r/passive_income/comments/z99kfz/creating_random_websites_for_passive_income/iygjvw3/', "getting enough traffic is the real challenge, which either needs incredible SEO, you're providing unique value, or it goes viral for some reason, or a shitload of ad spend. It's not easy.\n\nAbout 14 years ago I made a page with a live stream (unusual in those days) showing an LED display which anyone could send a message to, it ended up making about $200-400 a week from google ads just because it went viral on a few places like 4chan. Lasted maybe a few months then was making probably $5 a week tops.\n\nAdding value, and providing something unique (or better than the competition) is the real challenge, and of course, getting enough traffic to it to make it worthwhile.", 'z99kfz'], ['u/ImaHalfwit', 23, '2022-12-01 06:59', 'https://www.reddit.com/r/passive_income/comments/z99kfz/creating_random_websites_for_passive_income/iyglj1u/', 'Yes…I have a side hustle that makes me $8k - $10k per month. I call it passive, but it does take about an hour a week to manage. It’s capital intensive though. I’m fortunate enough that my wife and I each make decent money, so we reinvest almost 100% of this income back into the business.\n\nThe goal is to grow this side hustle into a $400k/year business over the next five years while working our existing jobs. When we have enough of a nest egg to retire, the idea would be to leave our current companies and continue to manage/grow the “side hustle” for as long as possible while finding other interesting opportunities to focus on where the income from these opportunities could be “lumpy” (investments upfront with cash flows down the road…like real estate development, or buying fractional shares of profitable tournament poker players.)\n\nAnticipating the next question, and without going into too much detail, my side hustle is similar to peer-to-peer lending. I started my side business a little over three years ago.', 'z99kfz'], ['u/a3rospace', 19, '2022-12-01 07:46', 'https://www.reddit.com/r/passive_income/comments/z99kfz/creating_random_websites_for_passive_income/iygpebu/', 'So you’re a loan shark', 'z99kfz'], ['u/ImaHalfwit', 13, '2022-12-01 07:48', 'https://www.reddit.com/r/passive_income/comments/z99kfz/creating_random_websites_for_passive_income/iygpmgx/', 'More like a loan clown-fish. ;)', 'z99kfz'], ['u/KahlessAndMolor', 17, '2022-12-01 13:19', 'https://www.reddit.com/r/passive_income/comments/z99kfz/creating_random_websites_for_passive_income/iyhd5cm/', 'Yes, correct. That\'s your problem. Hosting the site is cheap and easy, but without a bunch of marketing of some kind it will never get visited.\n\n​\n\nSo, you can drive traffic by:\n\n1. Getting other people to link to you: Sometimes this is paid, other times it is sort of "back room deals" by email. But in any event it takes time to do. The more back links you have, the higher you\'ll rank in Google\n2. SEO content: If you ever look up a recipe and you have to read a 30 page novel about the author\'s trip to Medina in the summer of \'13, the reason the novel is there is to put lots of keywords in to convince the search engines to link to that recipe. This is quite effective, but it takes time or it takes money to pay others to write all that.\n3. SEO design: Meta tags, keyword tags, sitemaps, etc. etc. etc.\n4. Social media: Get followers and post links to your site. They aren\'t going to want to see the same link every day, so you\'ll need more of that SEO content from #2, and you\'ll need to cultivate a social following. All that takes time, which you can expend yourself or hire out.\n5. Advertise: Fastest, but most expensive, and it isn\'t durable. Once you stop running the ads, the traffic stops. As you pointed out, too expensive for this idea.\n\n​\n\nIf you do what you propose, your site will sit quietly with 100-500 views per month making $1 a month, it will cost $10 a month to run. Or you can really apply yourself, spend 40 hours a week on marketing it, and wind up making $1000 a month.', 'z99kfz']]], ['u/pewpewstonks420x69', "Your Assets Aren't As Safe as You Think: The False Facade of Insurance Committed by Brokerages with FDIC Sweeps and SIPC Coverage(And how you'll get left behind post-MOASS). The case study for DRS of EVERYTHING - and Associated Self-Custodianship", 411, '2022-12-01 02:47', 'https://www.reddit.com/r/GMEJungle/comments/z9agfw/your_assets_arent_as_safe_as_you_think_the_false/', 'There\'s quite a few folks that are still on the edge about direct registering their shares. I hope to shed some light on the risks associated in keeping your assets in a (un)trusted custodian, like a bank or brokerage institution. In this post, I plan to cover the following topics:\n\n1. The origin of FDIC coverage\n2. Parallels with the Crypto meltdown\n3. SIPC coverage of brokerage accounts (or lack thereof)\n4. Extra: FDIC deposit sweeps (specific to Fidelity)\n5. Your options to take control of your own assets\n\nNote: None of the topics mentioned within this post or my account history are intended as financial advice. Do your own research and come to your own conclusions. These thoughts are mine alone and are not representative of any person, group, or institution other than myself, /u/pewpewstonks420x69.\n\n# 1. Why We Have FDIC Insurance Today\n\nWe\'ve all seen it - any bank out there has "member FDIC" written on all their signs and spoken in their commercials. The FDIC is an *official government body* (this is important) funded by the US government to insure all bank accounts up to $250,000 in case of a bank default. There is a similar institution in place for credit unions called the NCUA created in 1970 by congress.\n\nThe origin of the FDIC comes from way back during the Great Depression. In 1929 during the stock market crash, about [650 banks collapsed - another 650+ would fail the next year.](https://www.history.com/topics/great-depression/bank-run) Over the course of the Great Depression, [9,000 banks failed, losing depositors $7 billion dollars.](https://www.ssa.gov/history/bank.html) That\'s about $195 billion dollars in [today\'s money](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:** ['Good morning. Here’s what’s happening: Prices: Bitcoin and ether traded down slightly to break a three-day streak of gains, although the largest crypto by market value continued to change hands near $17,000. Insights: An IEO at crypto exchange Binance shows that many investors remain high on cryptocurrencies, despite the ongoing bear market. Prices CoinDesk Market Index (CMI) 865.08 −10.4 ▼ 1.2% Bitcoin (BTC) $16,984 −185.3 ▼ 1.1% Ethereum (ETH) $1,279 −10.1 ▼ 0.8% S&P 500 daily close 4,076.57 −3.5 ▼ 0.1% Gold $1,815 +68.5 ▲ 3.9% Treasury Yield 10 Years 3.53% ▼ 0.2 BTC/ETH prices per CoinDesk Indices ; gold is COMEX spot price. Prices as of about 4 p.m. ET Bitcoin\'s Short Winning Streak Ends By James Rubin Crypto prices, which had been rolling this week, retreated on Thursday, underscoring investors\' caution about the industry\'s fate, and the wider economy. Bitcoin was recently trading just below $17,000, off 0.8% over the past 24 hours. The largest cryptocurrency by market capitalization had risen three consecutive days amid encouraging jobs and productivity data and hopes that the U.S. central bank was ready to scale back its hawkish monetary policy. On Wednesday, U.S. Federal Reserve Chair Jerome Powell had suggested in a speech at the Brookings Institute that the Fed might raise interest rates 50 basis points, down from its recent 75 basis points regimen. But in the 36 hours since Powell\'s remarks, cryptos have been largely unimpressed by the prospect of increased liquidity and more concerned about contagion linked to crypto exchange giant FTX\'s collapse, not to mention other 2022 debacles still winding their way through courts. "Cryptos are struggling," wrote Edward Moya, senior market analyst for foreign exchange market maker Oanda, in an email. "Concerns brew that Tether loans could be the next big risk for the cryptoverse. Stablecoins are an important part of the crypto world and if one of the major ones break, that will send bitcoin and [ether] to new lows." Story continues Ether was holding steady at slightly under $1,300, down 1.2%. Other major cryptos were largely in the red, albeit lightly shaded, although popular meme coin DOGE recently dropped more than 4%. DOGE had climbed about 50% over an eight-day stretch starting Nov. 22. MATIC, the token of the layer 2 Polygon blockchain platform, was down more than 2% after rising the past couple of days at least partly on news that its application programming interface (APIs) would soon deploy on web3 indexing service, The Graph. The CoinDesk Market Index (CDI), an index measuring cryptos\' performance, slipped 1.26%. Cryptos\' day largely dovetailed with stocks\' sluggish day as the Nasdaq and S&P 500 declined a few fractions of a percentage point. The Dow Jones Industrial Average rose slightly. Moya noted that investors – crypto and otherwise – would be awaiting the release of nonfarm payroll data for the latest read on the U.S. job market, which has shown signs of cooling over the last few months. In November, private companies added only 127,000 jobs, according to payroll processor ADP, less than half the number in October. Meanwhile, Pranav Kanade, portfolio manager for mutual fund and exchange-traded fund company VanEck, told CoinDesk TV\'s "First Mover" program on Wednesday that predicting where crypto prices bottom out would be difficult, although he struck an upbeat note about recent industry crises and market bearishness. "When we look at one of the positives coming out of what just happened, you have seen a lot of investors withdraw assets into self-custody," he said, adding: "My guess is that anyone who\'s remaining in the ecosystem are likely true believers in the underlying technology and even the future upside of the asset class." Biggest Gainers Asset Ticker Returns DACS Sector Loopring LRC +2.9% Smart Contract Platform Terra LUNA +1.8% Smart Contract Platform Chainlink LINK +0.6% Computing Biggest Losers Asset Ticker Returns DACS Sector Solana SOL −3.0% Smart Contract Platform Dogecoin DOGE −2.8% Currency Stellar XLM −1.9% Smart Contract Platform Insights In Some Corners, Crypto Dreams Are Still Thriving By Shaurya Malwa What bear market? Depending where you look, the crypto dream is thriving. A recently concluded initial exchange offering (IEO) at crypto exchange Binance saw participants lock up over 9 million BNB, valued at over $2.7 billion, as they competed for the allocation of Hooked Protocol’s HOOK tokens. The IEO, a fundraising event administered by an exchange, comes as crypto markets weather a year-long bear market that has been exacerbated by the implosion of multiple major projects, most recently crypto exchange giant FTX. Some tokens have lost as much as 95% of their value amid the contagion, and bitcoin, the largest cryptocurrency by market capitalization, has plunged more than 60%. IEOs usually see users lock up a certain amount of that exchange’s native tokens for allocation in another token that would soon be traded on that exchange. A total of 114,772 participants committed 9,010,765.2954 BNB during the subscription period, representing an oversubscription of 1,066x. Users would receive 139.44 HOOK to 13,944 HOOK based on the BNB they lock up. The BNB would be returned to users after HOOK is distributed – minus a predetermined fixed amount ranging from 0.4 BNB to 4 BNB. Hooked Protocol builds the on-ramp layer for Web3 applications and bespoke "learn and earn" products. HOOK is the governance token of the ecosystem, and is used to access community events and exclusive NFTs, and for in-app purchases, including game tools, for dapps built on Hooked. Hooked Protocol has raised over $6 million from two rounds of private token sales earlier this year and has a current valuation of $60 million. The total supply of HOOK is 500 million and the circulating supply upon listing will be 50 million. Important events Art Basel (Miami Beach) International Symposium on Blockchain Advancements (Singapore) Philippine Blockchain Week (Philippines) CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Sam Bankman-Fried: \'I Didn’t Knowingly Commingle Funds\'; Binance Exec on Crypto Industry Recovery Initiative The crypto community is reacting to Sam Bankman-Fried\'s New York Times interview in which he expressed regret over his exchange\'s collapse but stopped short of admitting fraud. Binance Chief Strategy Officer Patrick Hillmann joined "First Mover" to discuss the exchange\'s crypto industry recovery initiative. Also, MakerDAO founder Rune Christensen joined "First Mover" to talk about on the future of decentralized lending. Headlines US CFTC Commissioner Cites Latest Crypto Sanction in Call for New Rules: Commissioner Kristin Johnson is pushing for her agency to work on policies to further tighten custody of customer assets as the CFTC sanctions another crypto Ponzi scheme. Magic Eden Launches Protocol to Enforce Creator Royalties: The top marketplace for Solana NFTs had moved to an optional creator royalty model in October. Binance Exec Says Firm\'s \'Centralized Exchange\' May Not Be Around in 10 Years: Chief Strategy Officer Patrick Hillman said the exchange may become obsolete because of the crypto industry\'s move toward decentralized finance. FTX Collapse Highlights Need for Global Crypto Regulations, Says US Treasury’s Adeyemo, Reuters Reports: Deputy Treasury Secretary Wally Adeyemo said such regulations are important to ensure the protection of investors, consumers and financial stability. Crypto Industry a Disaster in Need of Rebranding, UK Lawmaker Says: Lord Cromwell begs the industry to leave its "bad boats" to burn out at sea and ditch the word "crypto" following the FTX collapse.', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin and ether traded down slightly to break a three-day streak of gains, although the largest crypto by market value continued to change hands near $17,000.\nInsights:An IEO at crypto exchange Binance shows that many investors remain high on cryptocurrencies, despite the ongoing bear market.\nCoinDesk Market Index (CMI)\n865.08\n−10.4▼1.2%\nBitcoin (BTC)\n$16,984\n−185.3▼1.1%\nEthereum (ETH)\n$1,279\n−10.1▼0.8%\nS&P 500 daily close\n4,076.57\n−3.5▼0.1%\nGold\n$1,815\n+68.5▲3.9%\nTreasury Yield 10 Years\n3.53%\n▼0.2\nBTC/ETH prices perCoinDesk Indices; gold is COMEX spot price. Prices as of about 4 p.m. ET\nBitcoin\'s Short Winning Streak Ends\nBy James Rubin\nCrypto prices, which had been rolling this week, retreated on Thursday, underscoring investors\' caution about the industry\'s fate, and the wider economy.\nBitcoin was recently trading just below $17,000, off 0.8% over the past 24 hours. The largest cryptocurrency by market capitalization had risen three consecutive days amid encouraging jobs and productivity data and hopes that the U.S. central bank was ready to scale back its hawkish monetary policy. On Wednesday, U.S. Federal Reserve Chair Jerome Powell had suggested in a speech at the Brookings Institute that the Fed might raise interest rates 50 basis points, down from its recent 75 basis points regimen.\nBut in the 36 hours since Powell\'s remarks, cryptos have been largely unimpressed by the prospect of increased liquidity and more concerned about contagion linked to crypto exchange giant FTX\'s collapse, not to mention other 2022 debacles still winding their way through courts.\n"Cryptos are struggling," wrote Edward Moya, senior market analyst for foreign exchange market maker Oanda, in an email. "Concerns brew that Tether loans could be the next big risk for the cryptoverse. Stablecoins are an important part of the crypto world and if one of the major ones break, that will send bitcoin and [ether] to new lows."\nEther was holding steady at slightly under $1,300, down 1.2%. Other major cryptos were largely in the red, albeit lightly shaded, although popular meme coin DOGE recently dropped more than 4%. DOGE had climbed abo **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-12-02 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $325,373,650,431 - Hash Rate: 229602377.8787045 - Transaction Count: 271725.0 - Unique Addresses: 686664.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.27 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: • US stocks were mixed on Tuesday as investors prepare for third-quarter earnings from mega-cap companies like Apple, Amazon, and Microsoft. • Third-quarter results are largely beating analysts' estimates, according to data from Fundstrat. • With 20% of the S&P 500 having reported results so far, 75% have beaten profit estimates by a median of 5%. US stocks opened mixed on Tuesday following a near-4% rally over the past two days that lifted theS&P 500to a key resistance level at 3,800. The moves come as investors digest a slate of third-quarter earnings results, with all eyes turned to mega-cap companies like Apple, Amazon, and Microsoft later this week. Investors are looking for clues as to whether an economic recession is likely in the near future. According to data fromFundstrat, 20% of S&P 500 companies have reported earnings so far, and 75% of them have beaten profit estimates by a median of 5%. On the revenue side, 69% of those reporting beat analyst estimates by a median of 3%. Strong earnings and guidance on Tuesday came fromUPSandCoca-Cola, while companies that disappointed investors includedXeroxandCorning. MicrosoftandAlphabetare scheduled to report results after the close today. Here's where US indexes stood shortly after the 9:30 a.m. ET open on Tuesday: • S&P 500:3,806.25, up 0.23% • Dow Jones Industrial Average:31,462.59, down 0.12% (37.03 points) • Nasdaq Composite:11,022.80, up 0.64% Here's what else is happening this morning: • Russian oil will need to flow back into the crude marketto solve an unprecedented world energy crisis, the head of the International Energy Agency said Tuesday. • The market for liquefied natural gas will tightenif China's economy rebounds and it goes up against energy-hungry Europe for supply, the IEA's chief also said. • JPMorgan CEO Jamie Dimon warned thatgeopolitical matters are more concerning than a recessionright now. Regarding a recession, he said "we'll manage right through that." In commodities, bonds and crypto: • West Texas Intermediate crudeoil rose 0.03% to $84.61 per barrel.Brent crude, oil's international benchmark, fell 0.31% to $92.97. • Goldfell 0.02% to $1,653.60 per ounce. • The yield on the 10-year Treasury tumbled 15 basis points to 4.10%. • Bitcoin rose 0.21% to $19,384, while ether jumped 1.28% to $1,364. Read the original article onBusiness Insider... - 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:** ['Ariel Investment, an investment management company, released its “Ariel Fund” third-quarter investor letter. A copy of the same can bedownloaded here. In the third quarter, the fund generated a loss of -7.47%, underperforming the Russell 2500 Value Index, which returned a loss of -4.50%, and the Russell 2500 Index, which returned a -2.82% loss. Inflation concerns, Russia-Ukraine tension, energy price, and Federal Reserve’s aggressive actions impacted the investors’ confidence in the quarter. In addition, you can check the top 5 holdings of the fund to know its best picks in 2022.\nAriel Investment highlighted stocks like Core Laboratories N.V. (NYSE:CLB) in the Q3 2022 investor letter. Headquartered in Amstelveen, the Netherlands, Core Laboratories N.V. (NYSE:CLB) provides reservoir description and enhancement services. On December 1, 2022, Core Laboratories N.V. (NYSE:CLB) stock closed at $21.50 per share. One-month return of Core Laboratories N.V. (NYSE:CLB) was 3.81%, and its shares lost 8.47% of their value over the last 52 weeks. Core Laboratories N.V. (NYSE:CLB) has a market capitalization of $996.983 million.\nAriel Investment made the following comment about Core Laboratories N.V. (NYSE:CLB) in its Q3 2022 investor letter:\n"Shares of premiere oil services companyCore Laboratories N.V.(NYSE:CLB) also underperformed in the quarter. The ongoing geopolitical conflict between Russian and Ukraine as well as associated European and U.S. sanctions continue to disrupt the business and create near-term uncertainty. Although headwinds persist, we believe the industry will realign global supply to meet strong demand for oil and natural gas. In our view, this asset light business will deliver modest growth in reservoir description. We also expect to see greater activity in fracturing rock, which should increase output in well completions and fuel longer term growth of the production enhancement sector. We have conviction in the management team’s long history of delivering strong operating results and robust free cash flow and returning capital to shareholders."\nPhoto byJeff WonUnsplash\nCore Laboratories N.V. (NYSE:CLB) is not on our list of30 Most Popular Stocks Among Hedge Funds. As per our database, 10 hedge fund portfolios held Core Laboratories N.V. (NYSE:CLB) at the end of the third quarter, which was 11 in the previous quarter.\nWe discussed Core Laboratories N.V. (NYSE:CLB) inanother articleand shared the list of growth stocks that are too cheap to ignore. In addition, please check out ourhedge fund investor letters Q3 2022page for more investor letters from hedge funds and other leading investors.\nSuggested Articles:\n• 15 Biggest Bitcoin Mining Companies in the World\n• 14 Safe Stocks To Buy for Beginners\n• Warren Buffett\'s Stock Portfolio\nDisclosure: None. This article is originally published atInsider Monkey.', 'Ariel Investment , an investment management company, released its “Ariel Fund” third-quarter investor letter. A copy of the same can be downloaded here . In the third quarter, the fund generated a loss of -7.47%, underperforming the Russell 2500 Value Index, which returned a loss of -4.50%, and the Russell 2500 Index, which returned a -2.82% loss. Inflation concerns, Russia-Ukraine tension, energy price, and Federal Reserve’s aggressive actions impacted the investors’ confidence in the quarter. In addition, you can check the top 5 holdings of the fund to know its best picks in 2022. Ariel Investment highlighted stocks like Core Laboratories N.V. (NYSE: CLB ) in the Q3 2022 investor letter. Headquartered in Amstelveen, the Netherlands, Core Laboratories N.V. (NYSE:CLB) provides reservoir description and enhancement services. On December 1, 2022, Core Laboratories N.V. (NYSE:CLB) stock closed at $21.50 per share. One-month return of Core Laboratories N.V. (NYSE:CLB) was 3.81%, and its shares lost 8.47% of their value over the last 52 weeks. Core Laboratories N.V. (NYSE:CLB) has a market capitalization of $996.983 million. Ariel Investment made the following comment about Core Laboratories N.V. (NYSE:CLB) in its Q3 2022 investor letter: "Shares of premiere oil services company Core Laboratories N.V. (NYSE:CLB) also underperformed in the quarter. The ongoing geopolitical conflict between Russian and Ukraine as well as associated European and U.S. sanctions continue to disrupt the business and create near-term uncertainty. Although headwinds persist, we believe the industry will realign global supply to meet strong demand for oil and natural gas. In our view, this asset light business will deliver modest growth in reservoir description. We also expect to see greater activity in fracturing rock, which should increase output in well completions and fuel longer term growth of the production enhancement sector. We have conviction in the management team’s long history of delivering strong operating results and robust free cash flow and returning capital to shareholders." Story continues Photo by Jeff W on Unsplash Core Laboratories N.V. (NYSE:CLB) is not on our list of 30 Most Popular Stocks Among Hedge Funds . As per our database, 10 hedge fund portfolios held Core Laboratories N.V. (NYSE:CLB) at the end of the third quarter, which was 11 in the previous quarter. We discussed Core Laboratories N.V. (NYSE:CLB) in another article and shared the list of growth stocks that are too cheap to ignore. In addition, please check out our hedge fund investor letters Q3 2022 page for more investor letters from hedge funds and other leading investors. Suggested Articles: 15 Biggest Bitcoin Mining Companies in the World 14 Safe Stocks To Buy for Beginners Warren Buffett\'s Stock Portfolio Disclosure: None. This article is originally published at Insider Monkey .', 'Ariel Investments, an investment management company, released its “Ariel Appreciation Fund” third-quarter investor letter. A copy of the same can bedownloaded here. In the third quarter, the fund declined -5.66% compared to the -4.93% decline for the Russell Midcap Value Index and -3.44% decline for the Russell Midcap Index. In addition, you can check the top 5 holdings of the fund to know its best picks in 2022.\nAriel Investment highlighted stocks like Knowles Corporation (NYSE:KN) in the Q3 2022 investor letter. Headquartered in Itasca, Illinois, Knowles Corporation (NYSE:KN) is a micro-acoustic, audio processing, and precision device solutions provider. On December 1, 2022, Knowles Corporation (NYSE:KN) stock closed at $16.05 per share. One-month return of Knowles Corporation (NYSE:KN) was 13.27%, and its shares lost 25.73% of their value over the last 52 weeks. Knowles Corporation (NYSE:KN) has a market capitalization of $1.46 billion.\nAriel Investment made the following comment about Knowles Corporation (NYSE:KN) in its Q3 2022 investor letter:\n"Home devices and hearing aid manufacturerKnowles Corporation(NYSE:KN) also traded lower in the period as softening demand for consumer electronics, China lockdowns and excess inventory resulted in a top-line miss. Notably, continued strength across precision devices and hearing health products drove the bottom-line and free cash flow to come in ahead of consensus. KN also reaffirmed its 3-year financial guidance and announced a restructuring program within the audio segment to right size manufacturing capacity and operating expenses. Longer-term, we believe KN will benefit from the FDA’s proposal to allow over-the-counter hearing aids. We also think the move to hybrid work models will continue to drive solid demand for this market leading mic supplier. At current levels, KN is trading at a -44% discount to our estimate of private market value."\nKnowles Corporation (NYSE:KN) is not on our list of30 Most Popular Stocks Among Hedge Funds. As per our database, 21 hedge fund portfolios held Knowles Corporation (NYSE:KN) at the end of the third quarter, which was 11 in the previous quarter.\nWe discussed Knowles Corporation (NYSE:KN) inanother articleand shared Bernzott Capital Advisors\' views on the company. In addition, please check out ourhedge fund investor letters Q3 2022page for more investor letters from hedge funds and other leading investors.\nSuggested Articles:\n• 15 Biggest Bitcoin Mining Companies in the World\n• Warren Buffett\'s Stock Portfolio\n• 15 Most Polluting Companies in the World\nDisclosure: None. This article is originally published atInsider Monkey.', 'Ariel Investments , an investment management company, released its “Ariel Appreciation Fund” third-quarter investor letter. A copy of the same can be downloaded here . In the third quarter, the fund declined -5.66% compared to the -4.93% decline for the Russell Midcap Value Index and -3.44% decline for the Russell Midcap Index. In addition, you can check the top 5 holdings of the fund to know its best picks in 2022. Ariel Investment highlighted stocks like Knowles Corporation (NYSE: KN ) in the Q3 2022 investor letter. Headquartered in Itasca, Illinois, Knowles Corporation (NYSE:KN) is a micro-acoustic, audio processing, and precision device solutions provider. On December 1, 2022, Knowles Corporation (NYSE:KN) stock closed at $16.05 per share. One-month return of Knowles Corporation (NYSE:KN) was 13.27%, and its shares lost 25.73% of their value over the last 52 weeks. Knowles Corporation (NYSE:KN) has a market capitalization of $1.46 billion. Ariel Investment made the following comment about Knowles Corporation (NYSE:KN) in its Q3 2022 investor letter: "Home devices and hearing aid manufacturer Knowles Corporation (NYSE:KN) also traded lower in the period as softening demand for consumer electronics, China lockdowns and excess inventory resulted in a top-line miss. Notably, continued strength across precision devices and hearing health products drove the bottom-line and free cash flow to come in ahead of consensus. KN also reaffirmed its 3-year financial guidance and announced a restructuring program within the audio segment 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: 2022-12-03 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $327,462,633,844 - Hash Rate: 240623292.0168823 - Transaction Count: 250951.0 - Unique Addresses: 650867.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.27 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Even though they’ve been maligned as a class, there are some Reddit stocks that boast incredible potential. The Reddit community on Wall Street has been a great source of inspiration for investors leveraging the site’s popularity to make major investments. The site is home to an investing community and traders with multiple subreddits dedicated exclusively to their needs. Many investors look to Reddit for investment advice due to its massive popularity. Though Redditors are notorious for pushing stocks that only have their relevance based on social media, Reddit stocks also have been known to perform. InvestorPlace - Stock Market News, Stock Advice & Trading Tips As you read through, you’ll find that these Reddit stocks are some of the most popular ones in the investing world. With more and more traders becoming savvy, high-quality names on the stock market are being bid up. Therefore you are unlikely to see many obscure stocks trending on the social media platform. That said, here are seven of the best Reddit stocks that present themselves as attractive bets in the current market downturn. DOCU DocuSign $45.88 NIO Nio $9.55 DIS Disney $103.67 AAPL Apple $148.72 TA TravelCenters of America $52.20 IT Gartner $326.10 AI C3.ai $12.43 DocuSign ( DOCU ) Docusign (DOCU) logo on building Source: Sundry Photography / Shutterstock.com DocuSign (NASDAQ: DOCU ) operates a leading e-signature platform that has grown its sales from just $500 million in 2018 to a massive $2.5 billion today. It has over 1.2 million customers and established a leadership position in its niche. DocuSign was a pandemic darling and saw its shares skyrocket to new heights following multiple blow-out earnings reports. However, with the pandemic tailwinds fading away, company growth rates have normalized, which has investors concerned over its long-term outlook. Given its customer base’s stickiness and humongous addressable market, I feel that DocuSign still has an incredible growth runway ahead. Story continues According to a report from Straits Research , the e-signature market could grow from $4.4 billion last year to $42 billion by 2030. Moreover, with the firm’s cost-saving program in play and its impressive net retention rate of over 100%, I feel DocuSign will continue growing by double-digit margins making it one of the Reddit stocks to keep an eye on. Nio ( NIO ) NIO logo, sign atop of North American headquarters and global software development center in Silicon Valley. NIO is Chinese electric autonomous vehicles manufacturer Source: Michael Vi / Shutterstock.com Growth stocks like Nio (NYSE: NIO ) have fallen out of favor with investors over concerns about an economic slowdown in China and the government’s zero-Covid policy. The EV giant now trades at around three times forward sales, a highly attractive multiple given its long-term outlook. Nio has been a revelation in the Chinese EV space producing thousands of vehicles each year, putting it firmly ahead of smaller EV markers and making it one of the more interesting Reddit stocks. Deliveries have dropped in recent quarters due to supply-chain hiccups, but its recent results have been encouraging. Despite the headwinds, it delivered 29% more vehicles in its third quarter than last year. Moreover, it delivered 10,059 vehicles last month, a 174% growth from the prior-year period. Therefore, there’s plenty to be optimistic about with NIO stock. Disney ( DIS ) Disney logo on a store front. DIS stock. Source: chrisdorney / Shutterstock Disney (NYSE: DIS ) has attracted plenty of attention from investors of late due to its streaming service, Disney+, which has been a smashing success since its launch. It now has over 221 million subscribers, just behind Netflix with 223 million subscribers. Experts believe that subscriber growth for Disney+ is likely to outpace Netflix in the not-so-distant future. Unlike Netflix, Disney has experiential businesses, such as its Parks and Cruise Line segments, which provide an incredible buffer. After lengthy lockdowns, Disney reopened its global parks, with fans flocking back in droves. In its third quarter, the firm reported domestic hotel bookings hit an amazing 90% occupancy . Consequently, Disney has been growing at above-average rates while trading at just 2.3 times forward sales, making it a highly attractive bet. Apple ( AAPL ) Apple (AAPL) logo brand and text sign on entrance facade store American multinational boutique corporation dealership shop Source: sylv1rob1 / Shutterstock.com Apple (NASDAQ: AAPL ) is one of the most powerful tech companies that boast an unmatched ecosystem of sticky products and services that work to ensure better outcomes. Its iPhone is one of the most popular gadgets in history, which continues to turn heads with new innovations. Like other tech companies, Apple faces serious headwinds that have had a meaningful impact on its business. However, the firm had held up remarkably well under the circumstances and dished out another revenue and earnings beat in its most recent quarter. Its CEO Tim Cook believes it’s heading into the holiday season “with our most powerful product lineup ever.” The iPhone 14 will be the obvious growth catalyst moving forward. Daniel Ives, a top analyst at Wedbush , estimates that roughly 240 million iPhone users haven’t upgraded their phones in the past 3.5 years, pointing to amazing pent-up demand for the device. TravelCenters of America ( TA ) TravelCenters of America Full-service restaurants company logo seen displayed on smart phone. TA stock Source: IgorGolovniov / Shutterstock.com TravelCenters of America (NASDAQ: TA ) operates over 275 travel centers in the U.S. near major airports and highways. Additionally, it also owns multiple big-box retail stores in various cities across the U.S. Its top- and bottom-line performances took a big hit during the pandemic due to a substantial drop in airport revenues. However, the business is back with considerable aplomb, with the rapid increase in travel demand. It’s growing sales by over 50% this year, driven by post-pandemic tailwinds for its business. It recently wrapped up its third quarter, delivering $2.8 billion in revenues, a 44.8% improvement from the prior year . Gartner ( IT ) Person holding cellphone with logo of US research company Gartner Inc. (IT) on screen in front of business webpage. Focus on phone display. Unmodified photo. Source: T. Schneider / Shutterstock.com Gartner (NYSE: IT ) is an industry leader in market research and analytics for the tech sector. Its expertise covers many areas, including cloud computing, enterprise applications, and other profitable areas. The company has been highly effective in adapting to evolving market conditions while delivering incredible insights for its clients. Also, it benefits from accelerating digital transformation, with firms adopting new technologies. Its stellar performances over the years have given investors confidence that it will deliver great results for the foreseeable future. Despite the market headwinds, it continues to report strong results and guidance. Its top line has been growing by double-digit margins in the past few quarters, and it remains a tremendous choice for investors eyeing a high-potential investment opportunity. Contrary to what most investors think, IT stock trades at a discount compared to peers while growing sales at a faster pace. C3.ai ( AI ) Hand of woman watering small plant in pot shaped like growing graph representing growth stocks Source: Khakimullin Aleksandr / Shutterstock C3.ai (NYSE: AI ) is another growth stock that has witnessed a massive drop in value over the past several months. Its growth rates have decelerated in the past few quarters, with the pandemic fade. Over the long term, its business is looking at a massive addressable market and should continue to grow at a healthy pace for the foreseeable future. It’s still growing at over 30% annually , which is incredible given the current economic scenario. The company recently shifted its business model to a subscription model, which gives it a chance to earn higher revenues and margins. Its algorithms have proven to cut costs and optimize the firm’s operations effectively. The firm is scaling its customer base and is now over 220 customers compared to just 50 at its IPO. Moreover, with the stock trading at historical lows, AI stock remains a tremendous bet at current levels. 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.com Publishing Guidelines Muslim Farooque is a keen investor and an optimist at heart. A life-long gamer and tech enthusiast, he has a particular affinity for analyzing technology stocks. Muslim holds a bachelor’s of science degree in applied accounting from Oxford Brookes University. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” It doesn’t matter if you have $500 or $5 million. Do this now. The post 7 Best Reddit Stocks to Buy Now appeared first on InvestorPlace .... - Reddit Posts (Sample): [['u/kayn1k', 'Regarding Moneroruns...', 45, '2022-12-03 00:22', 'https://www.reddit.com/r/Monero/comments/zb1cyf/regarding_moneroruns/', 'This is a repost because I shared a link from bitcoin sub with similar content and original post got blocked. Sorry about the language but this is how I express myself:\n\nGuys I understand the enthusiasm to deliver a message. But I don\'t get why do we need to do an organized run on a X date?\n\nIf you leave your XMR on Exchanges you contribute to their fake XMR creation. Just pull your Monero out to cold storage right after buying it, we do not need to decide a date for that.\n\nThen when someone wants to withdraw, Exchange will be either forced to buy XMR from elsewhere to deliver your request therefore rallying the price higher, or find some kind of excuse (network error etc.) to delay your withdraw hoping that someone else will deposit the amount meanwhile.\n\nThere is less Monero on the market right now than order books shows. Order books are scam. They are just database numbers showing there is an X amount of Monero buy wall / sell wall etc. Who knows if it\'s real or not? But when it comes to withdrawing then we\'ll see what is real.\n\nLet\'s say they enter a sell wall of 100k fake XMR to suppress the price on their order book. If by chance people buy this 100k XMR and withdraw right away, exchange will be fucked. They cannot "network error" thousands of people, twitter / reddit will turn into a shitstorm. Sooner or later, they will have to go and find 100k from elsewhere therefore creating a price rally.\n\nThe FTX scammer (I don\'t want to advertise his name anymore) just confirmed that they even did this on Bitcoin. You can be 100% sure even Bitcoin figures are BS on Exchanges.\n\nHere\'s the situation:\n\nThere are 19,222,787 BTC right now. (including satoshi + lost coins)\n\nThere are 18,208,480 XMR right now. (including lost coins)\n\nYou can easily see that XMR price is heavily heavily suppressed by fake Monero. So, please stop contributing to that by not keeping your real XMR on their scam servers.\n\nSit tight, the day is coming soon that fake monero issue blows out, until then keep stacking...keep using...', 'https://www.reddit.com/r/Monero/comments/zb1cyf/regarding_moneroruns/', 'zb1cyf', [['u/MoneroFox', 21, '2022-12-03 00:41', 'https://www.reddit.com/r/Monero/comments/zb1cyf/regarding_moneroruns/iyopohy/', "The truth. It is best to have coins in your wallet. NYKNYCNYP!\n\nBut some people don't have their coins in their wallet.\n\nSome lend their coins. Others fill order books. Or anything else. That's how money works.\n\nMoneroRun is designed for these people.\n\nOf course, you need to know your business partner thoroughly. Of course, it is better not to touch some companies (like Binance).\n\n\nThere is an event on January 3rd for the annual bank run. (Celebration of the Genesis BTC Block!)", 'zb1cyf']]], ['u/Moofy73', 'Looking back in time! 😌', 13, '2022-12-03 01:29', 'https://www.reddit.com/r/CryptoCurrency/comments/zb2tme/looking_back_in_time/', "This whole exposing stuff takes me back to 2017! Ahh the good times, I was a 15 year old learning about crypto, making money and losing money trading the popular coins at the time like Litecoin, Dash, Verge, bitcoin gold, bitcoin cash, EOS etc. Also investing in ICO Scams, i learnt alot about how money works and what actually matters and what to look for, how to be secure. Just such a fun time and I hold those memories deep in my heart and feel bad for everyone who didn't experience those magical days where everyone was new to it all! 🤣❤", 'https://www.reddit.com/r/CryptoCurrency/comments/zb2tme/looking_back_in_time/', 'zb2tme', [['u/Zavage3', 10, '2022-12-03 01:35', 'https://www.reddit.com/r/CryptoCurrency/comments/zb2tme/looking_back_in_time/iyowf6s/', 'Man 15 in 2017 makes me feel old.', 'zb2tme']]], ['u/pchandle_au', 'Why industry chooses Bitcoin Cash', 69, '2022-12-03 03:23', 'https://www.reddit.com/r/btc/comments/zb562p/why_industry_chooses_bitcoin_cash/', "When you need high volume, low fees and reliable service, there's really only one good choice.", 'https://i.redd.it/43f15aw2xm3a1.png', 'zb562p', [['u/EmergentCoding', 14, '2022-12-03 07:20', 'https://www.reddit.com/r/btc/comments/zb562p/why_industry_chooses_bitcoin_cash/iypz634/', 'Bitcoin Cash - sound money for the world. Reliable, virtually free, and very very fast.', 'zb562p'], ['u/bitcoinjason', 21, '2022-12-03 08:45', 'https://www.reddit.com/r/btc/comments/zb562p/why_industry_chooses_bitcoin_cash/iyq5ktz/', 'I Love being part of a city that is Building BCH applications and have real use cases..\n\n​\n\nWell-done Guys i am so proud of you all!!', 'zb562p'], ['u/pchandle_au', 13, '2022-12-03 10:50', 'https://www.reddit.com/r/btc/comments/zb562p/why_industry_chooses_bitcoin_cash/iyqe5rd/', ">But XMR tx fees are lower than of BCH, what additional cost do you mean?\n\nI'm not sure where you get that perspective from. Currently the median transaction fee for XMR is [about 10x that of BCH](https://bitinfocharts.com/comparison/transactionfees-bch-xmr.html#1y). This is partly to blame on the transaction size required to maintain the level of privacy that Monero targets. This is even acknowledged in [the Monero docs](https://www.getmonero.org/2017/12/11/A-note-on-fees.html).\n\nThe other use cases I work with are for high-volume, low-value payments. However I will acknowledge that its not a common use-case yet.", 'zb562p'], ['u/user4morethan2mins', 13, '2022-12-03 11:20', 'https://www.reddit.com/r/btc/comments/zb562p/why_industry_chooses_bitcoin_cash/iyqg311/', "That has to do with a coinbase wallet not the coinbase exchange. Maybe coinbase wallet isn't very popular and economising where they can, coinbase shares are down approximately 86% from IPO.", 'zb562p'], ['u/Nordle_420D', 10, '2022-12-03 12:09', 'https://www.reddit.com/r/btc/comments/zb562p/why_industry_chooses_bitcoin_cash/iyqje2b/', 'I was wrong indeed. 0.0019$ for BCH, and 0.0035$ for XMR currently. Both negotiable imo.', 'zb562p'], ['u/Guybrush2048', 14, '2022-12-03 12:15', 'https://www.reddit.com/r/btc/comments/zb562p/why_industry_chooses_bitcoin_cash/iyqjtph/', "I like Monero too, because of its good privacy feature, but in 95% of the time I use crypto I don't really need that much privacy for the extra cost XMR requires. BCH will always be very cheap to use, and the environment of BCH is more mature than the XMR one. BCH have many wallets, many features as flipstarter tool, plugins like Cashfusion for extra-privacy (only when needed). Now it as Cashrain, etc... I think BCH is just more convenient", 'zb562p']]], ['u/-crypto2025hold-', 'Harmony one has some problems to resolve.', 19, '2022-12-03 03:46', 'https://www.reddit.com/r/harmony_one/comments/zb5mo6/harmony_one_has_some_problems_to_resolve/', 'There was the hack months ago and alot of users are not happy loosing their investments. It is understandable that there is alot of Fud lingering. I hope the repeg happens as planned and everyone is reimbursed in 4 years. Only Good thing as of today is the buy in price .014. I bought Harmony at .18 in 2021 and thought I got a bargin 😢. I Averaged down and will wait for bitcoin halving.', 'https://www.reddit.com/r/harmony_one/comments/zb5mo6/harmony_one_has_some_problems_to_resolve/', 'zb5mo6', [['u/Every-Regret8463', 26, '2022-12-03 05:15', 'https://www.reddit.com/r/harmony_one/comments/zb5mo6/harmony_one_has_some_problems_to_resolve/iypmybm/', "The fact of the matter is, they're pushing forward and continuing to improve upon what they have already. Adding security and partnerships and actually putting effort into making things right. To me that's what makes this project worth something. I'm hopeful for the future but keeping a close eye on this one as everyone else should.", 'zb5mo6']]], ['u/almir100', 'Mycelium wallet?', 11, '2022-12-03 04:27', 'https://www.reddit.com/r/Bitcoin/comments/zb6flg/mycelium_wallet/', "I have a bit of BTC between my exodus and Mycelium wallet. Will it be safe here mid-long term hold? I like the mycelium wallet and it was recommended by a friend. I don't really want a ledger, I've never used one but i know its more secure. if there is any risk in holding with these instead I'd like to know if anyone can tell me.", 'https://www.reddit.com/r/Bitcoin/comments/zb6flg/mycelium_wallet/', 'zb6flg', [['u/bitusher', 15, '2022-12-03 04:40', 'https://www.reddit.com/r/Bitcoin/comments/zb6flg/mycelium_wallet/iypj1au/', 'mycelium wallet went downhill in 2017 and now their best developer left them and really only one keeping the android one up to date . The ios wallet is outdated and buggy and both wallets are filled with ads and promote various scams \n\nExodus is a horrible wallet that is closed source , not peer reviewed , and has a wide attack surface \n\nEither use an open source non custodial wallet in ios/android or get a hardware wallet \n\nhttps://walletscrutiny.com\n\nhttps://docs.google.com/spreadsheets/d/1aZ1zbaUEzCo9NCctN8-eL2VLIiSdY009tTJvRXDUWEw/edit#gid=0\n\nhttps://www.reddit.com/r/BitcoinBeginners/comments/g42ijd/faq_for_beginners/', 'zb6flg']]], ['u/AutoModerator', '[Daily Discussion] - Saturday, December 03, 2022', 35, '2022-12-03 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/zb853d/daily_discussion_saturday_december_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:/... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ["Although commitment through astounding odds stirs the soul, when it comes to stocks that are screaming sells, investors must consider the stone-cold fundamentals. To be clear, this list isn\x92t about bashing particular securities for the heck of it. Nor do I have anything to gain or lose regarding these companies\x92 market trajectory. Rather, I\x92m merely presenting to you major red flags. Whether through questionable decisions or falling victim to circumstances outside their control, certain embattled organizations face viability concerns. Given the potentially choppy waters ahead , it\x92s better for retail investors to sit on the sidelines when it comes to stocks that are screaming sells. Remember, it\x92s your money and you worked hard for it. Let these companies figure things out and then possibly reengage when circumstances dictate. For now, though, these are the screaming sells to avoid. InvestorPlace - Stock Market News, Stock Advice & Trading Tips BYND Beyond Meat $14.30 CVNA Carvana $8.07 RDFN Redfin $5.62 NIO Nio $13.13 PINS Pinterest $24.86 BMBL Bumble $24.80 MARA Marathon Digital $6.91 Beyond Meat (BYND) An image of a money bomb with a spark on the end of its string. Source: Shutterstock When it comes to screaming sells, I regrettably must place plant-based food company Beyond Meat (NASDAQ: BYND ) on this list. Initially a non-believer, I tried its products and was left impressed at their quality. Unfortunately, BYND stock won\x92t rise based on people\x92s opinions but rather the fundamentals of the business. It\x92s here that the enterprise lacks. Essentially, the pricing of plant-based meat runs higher than their animal-protein counterparts. The reason why centers on economies of scale . Because companies produce \x93fake\x94 meat on a much smaller scale than agricultural powerhouse do with their real products, Beyond Meat just doesn\x92t have the ammunition to fight competitively. As well, the gross margin metric provides the tale of the tape. Generally speaking, a high gross margin implies greater flexibility regarding economies of scale. However, Beyond Meat\x92s gross margin currently sits in negative territory . Combine this fact with negative operating and profit margins and you\x92re looking at one of the screaming sells heading into 2023. Story continues Carvana (CVNA) stocks to sell Source: Shutterstock Back when people sheltered in place because of the coronavirus pandemic, Carvana (NYSE: CVNA ) \x96 which specialize in online used-car retail solutions \x96 offered immense relevance. After all, during the height of the crisis, few folks wanted to take public transportation. This was especially a problem in the east coast, where people rely on such networks for mobility. Enter Carvana. By providing personal vehicles via a relatively contactless platform, CVNA enjoyed immense relevance. Indeed, it wasn\x92t that long ago that on an average basis, CVNA traded hands for well over $300. At one point, it appeared that it could cross over into the $400 threshold. However, Covid-19 fears eventually faded . And that spelled doom for a company offering contactless solutions. Currently, Gurufocus.com labels CVNA as a possible value trap . In blunter language, it\x92s one of the screaming sells to avoid. Again, the problem comes down to gross margins, which for Carvana are weak for the industry. Combined with negative operating and net margins, management will need time to sort through the troubles. Redfin (RDFN) A white clock indicates it's time to sell. Source: Shutterstock Probably one of the few companies that will generate intense debate, some folks will not see Redfin (NASDAQ: RDFN ) as one of the screaming sells. That\x92s fine. I\x92m completely open to different points of view. As I said earlier, I own no position where the trajectory of RDFN will impact me. Still, we must recognize a general truth. You can have higher rates or higher home prices. However, you (typically) can\x92t have both at the same time. With the Federal Reserve committed to tackling inflation through raising the benchmark interest rate, circumstances don\x92t bode well for RDFN. Moreover, you can see the pain impacting Redfin\x92s financials. According to Gurufocus.com, the investment resource identified nine red flags for the enterprise. Among them, long-term debt and the company\x92s continued issuance of debt poses major concerns. Frankly, if your business was doing well, you presumably wouldn\x92t borrow money \x96 especially during a cycle of rising rates. Therefore, RDFN rates as one of the screaming sells until shifting fundamentals suggest otherwise. Nio (NIO) a frustrated man with a white board behind him that features a black downward arrow Source: Shutterstock Since its introduction as a publicly traded company, Chinese electric vehicle manufacturer Nio (NYSE: NIO ) attracted early attention. However, shares gradually fell to low-single digits as investors didn\x92t see the viability of China-based vehicle company. After all, Chinese automobiles held a poor reputation for quality. Largely, though, this assessment centered on the nation\x92s combustion-powered vehicles. When it came to EVs \x96 which inherently feature fewer moving parts than their combustion-based counterparts \x96 China seemed to excel. Not only that, Nio kept firing on all cylinders (metaphorically speaking). When the Covid-19 crisis struck, NIO stock went on a blistering run to the moon. Unfortunately, harsh macroeconomic realities are setting in. For example, in the U.S., the high cost of EVs kept many would-be consumers in the sidelines. This circumstance may align with the Chinese consumers\x92 experience. Moreover, the ongoing protests against Beijing\x92s zero-Covid policy imposes an economic cost .\xa0If that wasn\x92t enough, Gurufocus.com warns NIO represents a possible value trap . It\x92s probably one of the screaming sells to avoid. Pinterest (PINS) a keyboard with a greet enter key marked sell, representing overvalued stocks to sell Source: Shutterstock While social network Pinterest (NYSE: PINS ), which focuses on sharing interests with friends and colleagues, may have been intriguing during a decisively strong economic cycle, under one fraught with risks, PINS poses major concerns. That\x92s because when the economy is poor, the mood likewise sours. Unfortunately, Pinterest depends on an uplifting sentiment for its product offering to make sense. In an article for Barchart.com, I juxtaposed the company\x92s monthly active users (MAUs) with the purchasing power of the dollar. You can read my analysis here but the point of the write-up was that \x93dramatically eroding purchasing power (or rising inflation) corresponded with lower engagement rates at Pinterest.\x94 This makes sense as a loss of purchasing power forces consumers to avoid discretionary spending and instead to focus on the essentials. To be fair, the Fed\x92s hawkish policy should eventually bring down inflation to reasonable levels. However, this action will likely lead to extensive job losses . Therefore, macro headwinds imply that PINS is one of the screaming sells to avoid for now. Bumble (BMBL) a businessman with his thumb facing down Source: Shutterstock A dating and social networking platform, Bumble (NASDAQ: BMBL ) generated plenty of attention when it made its public market debut in early 2021. For one thing, CEO Whitney Wolfe Herd shook up the male-dominated tech sector. As well, the chief exec made it a point to ensure equity in relationships. Therefore, women make the first move on Bumble. Fundamentally, there\x92s nothing wrong with that. However, women have no choice but to make the first move on Bumble (assuming traditionally oriented pairings). To be honest, I see this decision as ideology unfavorably mixing with business directives. For instance, while some women may appreciate the \x93equity,\x94 other women might prefer age-old traditions. Further, this strict policy may dissuade men to join Bumble. The harsh reality is that this segment features much competition. On the positive front, Bumble does enjoy a strong gross margin of over 72%. However, the strict adherence to relational equity prevents actualizing potentially greater economies of scale. Thus, BMBL rates as one of the screaming sells. Marathon Digital (MARA) stocks to sell a group of businessmen holding their thumbs down. worst investments of 2020 Source: Shutterstock While the inclusion of Marathon Digital (NASDAQ: MARA ) on this list of screaming sells will likely attract controversy, I gotta tell you something: I don\x92t care. When I write on the topic of stocks to avoid, my first and only priority is to warn investors. If the public believes that the risks are unwarranted, so be it. However, with MARA, market participants must exercise extreme vigilance. To be sure, the bearishness in Marathon really doesn\x92t focus on the company itself. Rather, the underlying industry imposes too many headwinds. In another analysis for Barchart.com, I demonstrated the existence of a possible direct correlation between the money stock and the price of the benchmark cryptocurrency.\xa0In other words, as inflationary pressure builds, cryptos likewise rise. When inflation decreases (because of deflationary forces), cryptos tumble. Of course, Marathon\x92s crypto-mining business requires excitement and engagement for the sector. Without it, MARA becomes far less relevant. Therefore, it\x92s one of the screaming sells to avoid until circumstances improve. On the date of publication, Josh Enomoto 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 . A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has del **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-12-04 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $326,437,543,569 - Hash Rate: 257154663.22414896 - Transaction Count: 219810.0 - Unique Addresses: 570337.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.26 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: By Tom Hals and Hyunjoo Jin WILMINGTON, Del (Reuters) -Elon Musk said in court on Wednesday that he made some Tesla Inc decisions without the approval of the company's directors, as he defended his $56 billion pay package against claims that he dictated its terms to a compliant board. Tesla shareholder Richard Tornetta sued Musk and the board in 2018 and hopes to prove that Musk used his dominance over Tesla's board to obtain an outsized compensation package that did not require him to work at the electric car maker full-time. Questioned by Tornetta's lawyer, Greg Varallo, Musk rejected claims that his pay package goals were easy to achieve. "The amount of pain, no words can express," Musk said in a near-whisper, describing the effort required to get the company from brink of failure in 2017 to explosive growth. "It’s pain I would not wish to inflict upon anyone." Varallo repeatedly sought to portray Tesla as a company under the grip of Musk, the world's richest person, and tried to show that Musk bypassed Tesla's board on several occasions. For example, Musk said he made a unilateral call on ending Tesla's acceptance of Bitcoin cryptocurrency and acknowledged that the board was not informed before he told analysts in October that Tesla's board was considering buying back up to $10 billion of stock. But the testimony did not definitely prove who developed Musk's 2018 pay package or establish whether it was a product of his demands rather than negotiations with the board. The five-day trial comes as Musk is struggling to oversee a chaotic overhaul of Twitter Inc, which he was forced to buy for $44 billion in a separate legal battle before the same judge, Chancellor Kathaleen McCormick, after trying to back out of that deal. Musk tweeted this week that he was remaining at Twitter's San Francisco headquarters around the clock until he fixed that company's problems, and said on Wednesday he had come to Delaware on an overnight flight from the social media company. Story continues Musk said his focus on restructuring Twitter would soon wind down and he would find someone else to lead it. He was dismissive of the argument that his pay deal should have obligated him to spend a set number of hours at Tesla. "I pretty much work all the time," he said. "I don’t know what a punch clock would achieve." While Musk has a history of combative testimony, calling lawyers "reprehensible" or "a bad human being," he was relatively restrained in Wednesday's proceedings, though at times expressed frustration with Tornetta's attorney. At one point, Musk told the plaintiff lawyer, "your question is a complex question that is commonly used to mislead people." Musk acknowledged that he was not a lawyer but added, "when you're in enough lawsuits you pick up a few things." A 'PRODUCT GENIUS' Tornetta has asked the court to rescind the 2018 package, which his attorney said was $20 billion larger than the annual gross domestic product of the state of Delaware. The legal team for Musk and the Tesla directors have cast the pay package as a set of audacious goals that worked by driving 10-fold growth in Tesla's stock value, to more than $600 billion from around $50 billion. They have argued the plan was developed by independent board members, advised by outside professionals and with input from large shareholders. Tornetta's attorney tried to show Musk was involved from the start. An email from May 2017 appeared to establish that Musk was pushing for the pay plan months before the board negotiated it with him. "I'm planning something really crazy, but also high risk," he wrote. Antonio Gracias, a venture capital investor and longtime friend of Musk who was also a Tesla board member from 2007 to 2021, took the stand after Musk testified. Gracias said he was prepared to push back on Musk if necessary. "I don’t pull punches with any of my CEOs," he told the court. The disputed Tesla package allows Musk to buy 1% of Tesla's stock at a deep discount each time escalating performance and financial targets are met. Otherwise, Musk gets nothing. Tesla has hit 11 of the 12 targets, according to court papers. Shareholders generally cannot challenge executive compensation because courts typically defer to the judgment of directors. The Musk case survived a motion to dismiss because it was determined he might be considered a controlling shareholder, which means stricter rules apply. Gracias described Musk as essential to the company's success in his testimony, calling him "extraordinary" and a "product genius." (Reporting by Tom Hals in Wilmington in Delaware and Hyunjoo Jin in San Francisco; Additional reporting by Jody Godoy; Writing by Denny Thomas;Editing by Noeleen Walder, Jonathan Oatis and Bill Berkrot)... - Reddit Posts (Sample): [['u/HumbleBitcoinPleb', "I'm a Bitcoin maxi with a soft spot for Monero. I value privacy a lot. Can you point me to some books and answer some questions?", 156, '2022-12-04 00:51', 'https://www.reddit.com/r/Monero/comments/zbun8r/im_a_bitcoin_maxi_with_a_soft_spot_for_monero_i/', "I am opening my mind to Monero. I can see it being a Bitcoin companion in a dystopian future.\n\nSeveral things I'm worried about:\n\n1) What's up with the hard forks? Who are the people making these decisions? If I run a node do I have any vote in this or am I fucked if I don't upgrade?\n\n2) How many Monero nodes are out there? \n\n3) How difficult is it to run a node? What is the current size of the Blockchain?\n\n4) How does Monero plan to scale? Are there layer 2s being implemented or are we suppose to include every single transaction in the blockchain?\n\n5) What is Monero's monetary policy? Is the supply predictable and verifiable?\n\n6) How difficult is it for devs and nodes to change this monetary policy? With Bitcoin it's pretty much impossible.\n\n7) What are some books or resources you can recommend me?\n\nThese are genuine questions. I'm not here to hate.\n\nThank you.", 'https://www.reddit.com/r/Monero/comments/zbun8r/im_a_bitcoin_maxi_with_a_soft_spot_for_monero_i/', 'zbun8r', [['u/EuphoricBasil1', 26, '2022-12-04 08:41', 'https://www.reddit.com/r/Monero/comments/zbun8r/im_a_bitcoin_maxi_with_a_soft_spot_for_monero_i/iyumpxo/', 'Checkout Dr Daniel Kim’s talks about Monero on YouTube.', 'zbun8r'], ['u/waiiai', 54, '2022-12-04 09:31', 'https://www.reddit.com/r/Monero/comments/zbun8r/im_a_bitcoin_maxi_with_a_soft_spot_for_monero_i/iyuqdng/', '1. Hard forks arnt very common anymore, but if one is proposed its usually in the weekly IRC meetings. Hard forks are typically unanimous, they bring a lot of benefits which is necessary as technology gets better (both tracing and privacy tech). Historically your node will probably stop working if you dont upgrade since theres been no reason not to, that may change though.\n\n2. Maybe 10-20k public nodes last time I looked? is probably more now because of p2pool.\n\n3. Runs well on pi\'s, dont think its intensive. Chain is 140G rn I think? 60G for pruned.\n\n4. Monero has dynamic block sizes so it can theoretically scale infinitely. In reality, another layer might be the way to go but we are far from needing it so it hasnt been a priority.\n\n5. Supply is both predictable and verifiable. In the past more coins were emitted per block, but now its 0.6 until the end of time which is less inflation than gold I believe. A major critisism of Bitcoin is that transaction fees on Bitcoin will need to be insanely expensive or miners wont mine at all once block rewards cease. You can verify Moneros supply with some very highly tested and audited intermediate math.\n\n6. I think that if there was a very good reason it would be considered, but I dont think there ever has been one. Its less likely as time goes on.\n\nAs a personal note, check out p2pool if you havent. Its a decentralized mining "pool" which is a great addition to Moneros CPU only mining. I can make money with my PC and no third party.', 'zbun8r'], ['u/sonalder', 21, '2022-12-04 09:41', 'https://www.reddit.com/r/Monero/comments/zbun8r/im_a_bitcoin_maxi_with_a_soft_spot_for_monero_i/iyur1cb/', ">What are some books or resources you can recommend me?\n\nRead [Mastering Monero](https://masteringmonero.com/) but keep in mind it's a bit outdated and a second edition is coming. There is also Zero to Monero but I haven't read it (yet).", 'zbun8r'], ['u/Inaeipathy', 10, '2022-12-04 10:07', 'https://www.reddit.com/r/Monero/comments/zbun8r/im_a_bitcoin_maxi_with_a_soft_spot_for_monero_i/iyusv2o/', 'Here\'s a link to "Sound money, Safe mode" for reference. https://www.youtube.com/watch?v=aC9Uu5BUxII', 'zbun8r'], ['u/OfWhomIAmChief', 23, '2022-12-04 12:24', 'https://www.reddit.com/r/Monero/comments/zbun8r/im_a_bitcoin_maxi_with_a_soft_spot_for_monero_i/iyv25pt/', 'Welcome, I too was once a Bitcoin maxi(2013-2017ish) if you ended up here I consider you High IQ.', 'zbun8r'], ['u/Moneroship_', 10, '2022-12-04 14:50', 'https://www.reddit.com/r/Monero/comments/zbun8r/im_a_bitcoin_maxi_with_a_soft_spot_for_monero_i/iyvefg8/', 'why did this get downvoted? lol', 'zbun8r'], ['u/Tiny_Voice1563', 17, '2022-12-04 15:01', 'https://www.reddit.com/r/Monero/comments/zbun8r/im_a_bitcoin_maxi_with_a_soft_spot_for_monero_i/iyvfkqb/', 'Probably the downvote bots plaguing this sub.', 'zbun8r'], ['u/kranzj', 11, '2022-12-04 16:12', 'https://www.reddit.com/r/Monero/comments/zbun8r/im_a_bitcoin_maxi_with_a_soft_spot_for_monero_i/iyvnv9j/', "Bitcoin also has hard forks and the last one isn't even long ago. Bitcoin and Monero use the exact same governance method, namely social consensus.\n\nBitcoin Maxis like to claim that Bitcoin has no governance. That's simply untrue.", 'zbun8r'], ['u/skzap', 10, '2022-12-04 16:51', 'https://www.reddit.com/r/Monero/comments/zbun8r/im_a_bitcoin_maxi_with_a_soft_spot_for_monero_i/iyvsylv/', "1. Nodes that don't update don't stop working... they 'fork' to another network with lower hashrate. Essentially it works the same as any pow chain including bitcoin.", 'zbun8r']]], ['u/AbsentThatDay', 'What keywords do you use to prioritize tickets?', 17, '2022-12-04 00:58', 'https://www.reddit.com/r/msp/comments/zbut51/what_keywords_do_you_use_to_prioritize_tickets/', "So I'm wondering if there are keywords I can search on to flag a ticket in ConnectWise Manage as high priority? Ransom, bitcoin, that sort of thing.", 'https://www.reddit.com/r/msp/comments/zbut51/what_keywords_do_you_use_to_prioritize_tickets/', 'zbut51', [['u/scottmc83', 25, '2022-12-04 01:13', 'https://www.reddit.com/r/msp/comments/zbut51/what_keywords_do_you_use_to_prioritize_tickets/iytb270/', 'Have someone triage the ticket and use a priority and severity matrix. Just because an end user reporting it says URGENT in the subject line, means nothing. Their piss poor planning is not my crisis.\n\nAnything really urgent(ransomeware etc), have the person call through - and state it is urgent impacting X users or the impacted user is a VIP (EA/PA/Exec/the person that pays your invoice)', 'zbut51']]], ['u/SourceNo2702', 'Bitcoin price has been changed to be static', 48, '2022-12-04 01:23', 'https://www.reddit.com/r/EscapefromTarkov/comments/zbvd33/bitcoin_price_has_been_changed_to_be_static/', 'They unreversed the change. Now costs exactly 63k again. Same with Euro’s and Dollars, now reduced to 81 and 66 respectively.\n\nEDIT: they have reversed the un-reverse. Bitcoin 91k again.', 'https://www.reddit.com/r/EscapefromTarkov/comments/zbvd33/bitcoin_price_has_been_changed_to_be_static/', 'zbvd33', [['u/SourceNo2702', 11, '2022-12-04 01:47', 'https://www.reddit.com/r/EscapefromTarkov/comments/zbvd33/bitcoin_price_has_been_changed_to_be_static/iytfc68/', '…the video game?', 'zbvd33'], ['u/AdditionalName5827', 53, '2022-12-04 02:15', 'https://www.reddit.com/r/EscapefromTarkov/comments/zbvd33/bitcoin_price_has_been_changed_to_be_static/iytit4l/', 'Hopefully they explain why, I dont see the bitcoin farm as worth it anymore. I already had mine lvl 3 a few months ago, but have stayed collecting everyday. its gonna take about 110 BC just to pay for the 50 cards right now. The math has been done by someone already for the price to upgrade so add that to the card cost and i dont see how the farm can EVER pay for itself in a single wipe.', 'zbvd33'], ['u/Jacuul', 22, '2022-12-04 03:35', 'https://www.reddit.com/r/EscapefromTarkov/comments/zbvd33/bitcoin_price_has_been_changed_to_be_static/iytslnj/', "It used to, but when bitcoin shot up in 2019, they nerfed it because it was selling for like 900k a coin, and then it has since crashed back down, but they still haven't changed it back from whatever change they made", 'zbvd33'], ['u/TheMrTGaming', 11, '2022-12-04 04:04', 'https://www.reddit.com/r/EscapefromTarkov/comments/zbvd33/bitcoin_price_has_been_changed_to_be_static/iytw12l/', 'Unfortunately, they made one of the most BSG moves and instead of doing the easy, simple, community called for fix of just artificially reducing the price, they made every aspect of production harder. It takes way longer and costs more to setup. Unless you are constantly using the rest of the hideout it takes a long time to reach a profit, purely from the bitcoin farm. For people to believe otherwise is disingenuous to themselves and others.', 'zbvd33'], ['u/mintydelight_', 13, '2022-12-04 06:33', 'https://www.reddit.com/r/EscapefromTarkov/comments/zbvd33/bitcoin_price_has_been_changed_to_be_static/iyuc4hs/', 'I only ever felt the up to 25 cards was worth it with our current cycle', 'zbvd33']]], ['u/Sabatheus', "'The Drought' Is Coming.", 219, '2022-12-04 01:59', 'https://www.reddit.com/r/Bitcoin/comments/zbw4kw/the_drought_is_coming/', "**The Drought Theory:**\n\nThe balance on exchanges has been steadily declining over the past year or two. If the trend continues in 3 years or so the major exchanges will have little to no Bitcoin left to facilitate trading and meet the needs of the buyers.\n\nFactors that will likely shorten the timeline:\n\n* We will have another having event in 2024.\n* The current price just under $17k and likely to decrease in the short term\n* It is becoming increasingly easy for people cross the world to purchase some\n\nFactors that could lengthen the timeline:\n\n* Off-exchange bitcoin being blacklisted by major countries\n\n​\n\nIf this 'first great bitcoin drought' occurs the price is likely to increase substantially in a short period of time. I think this will be an order of magnitude bigger than previous bull runs because there was always enough bitcoin available via CEXs and DEXs. While I do acknowledge that there will be increased selling pressure when it hits higher dollar values I think it is unlikely this outpaces buying pressure in the long run.\n\nThoughts?\n\nhttps:... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening:\nPrices:Bitcoin clung to its most recent perch comfortably above $17K, as investors continue to look hopefully at a more dovish U.S. central bank.\nInsights:DeFi total value locked continued its recent rebound over the weekend.\nCoinDesk Market Index (CMI)\n875.87\n+12.8▲1.5%\nBitcoin (BTC)\n$17,273\n+313.7▲1.8%\nEthereum (ETH)\n$1,292\n+36.1▲2.9%\nS&P 500 daily close\n4,071.70\n−4.9▼0.1%\nGold\n$1,819\n+23.4▲1.3%\nTreasury Yield 10 Years\n3.51%\n▼0.0\nBTC/ETH prices perCoinDesk Indices; gold is COMEX spot price. Prices as of about 4 p.m. ET\nBitcoin Holds Steady Over $17K\nBy James Rubin\nIs $17,000 the new $16,000 for Bitcoin?\nWill a recent uptick in investor optimism about the economy outweigh worries about the fallout from crypto exchange FTX\'s collapse?\nCrypto markets remained non-committal over the weekend.\nThe largest cryptocurrency by market capitalization was recently trading near $17,300, an almost 2% gain over the past 24 hours and consistent with its performance for the past five days.\nBTC climbed above $17,000 on Wednesday and has held fast above this support following dovish remarks by U.S. central bank Chair Jerome Powell,who indicateda day later that the Federal Open Market Committee (FOMC) would likely raise interest rates 50 basis points (bps) instead of continuing its current diet of 75 bps. increases. Powell noted encouraging signs that inflation and the still vibrant job market were slowing.\nIn an email to CoinDesk, Joe DiPasquale, CEO of crypto fund manager BitBull Capital, wrote that "the market" had "responded positively to Powell\'s speech, although he added warily that "we may want to see Bitcoin consolidating above $17k and possibly testing $20k before we expect a sustained recovery."\n"On the downside, $16K is a key support, losing which we are likely to see Bitcoin trending lower," DiPasquale wrote.\nEther remained steadfast near $1,300, up about 3%. On Dec. 1, CoinDesk market analyst Glenn Williamsnoted that Ether\'s pricehad outperformed bitcoin over the previous 10 days, increasing 15.4% versus BTC\'s 7.7% rise. Williams wrote that a so-called crossover of the ETH/BTC 10-day moving average above the 100-day moving average is often a bullish sign, although he added that the recent sample size is still too small to come to a conclusion.\nOther major cryptos were largely in the green with SOL, the token of the smart contracts Solana blockchain platform, rising more than 4%, and ATOM, the token of the decentralized blockchain network, Cosmos, recently up more than 3%. TheCoinDesk Market Index(CDI), an index measuring cryptos\' performance, jumped almost 1.5%.\nU.S. stock indexes traded roughly sideways on Friday after an encouraging week that saw the S&P 500 climb above its 200-day moving average for the first time since the spring. The S&P, which has a strong component, fell 0.1% on Friday but was up 1.5% for the week. The tech-heavy Nasdaq inched down 0.2% on Friday.\nInvestors will be eyeing the U.S. Commerce Department\'s Monday release of durable goods orders for November with initial projections for a second consecutive 1% gain month-over-month. On Friday, the University of Michigan\'s widely watched consumer sentiment index is expected to tick up a few fractions of a percentage point in its preliminary December reading from the the previous month.\nIn a weekly note to investors, First Republic Bank noted a slowdown in manufacturing, "showing broader economic growth is moderating," but also highlighted improvements in the supply chain that had lowered costs, calling the reductions "encouraging news on the inflation front."\nMeanwhile, Sam Bankman-Fried continued his recent tour of semi-confessional interviews with the former FTX CEOtellingThe Wall Street Journal: "I ask myself a lot how I made a series of mistakes that just don\'t seem dumb, they seem like the type of mistakes I could see myself having ridiculed someone else for having making."\nBitBull\'s DiPasquale wrote that he will be watching the impact of upcoming FTX hearings related to its filing for Chapter 11 bankruptcy protection in the U.S. along with the outcome of the Dec. FOMC meeting. "Any dovish comments then could see the market moving higher," he wrote of the latter.\n[{"Asset": "Solana", "Ticker": "SOL", "Returns": "+4.4%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Chainlink", "Ticker": "LINK", "Returns": "+3.7%", "DACS Sector": "Computing"}, {"Asset": "Cosmos", "Ticker": "ATOM", "Returns": "+3.2%", "DACS Sector": "Smart Contract Platform"}]\n[{"Asset": "XRP", "Ticker": "XRP", "Returns": "\\u22120.4%", "DACS Sector": "Currency"}]\nDeFi TVL Continues Its Recent Momentum\nBy Sam Reynolds\nCrypto investors have been focusing hard lately on the wider impact of crypto exchange FTX’s collapse and macroeconomic uncertainties. They have watched bitcoin hover at $17,000 support after wrestling with $16,000 for large portions of November. Will it tip lower or higher in the weeks ahead?\nOverlooked in the focus on pricing is the slow, steady recovery in the total value locked (TVL) in DeFi protocols. Data from DeFi Llama, a DeFi aggregator for TVL, shows that TVL is trickling back to the 10 biggest DeFi protocols on Ethereum, as asset prices rise.\nThe increase follows the implosion ofTVL in Solana-based protocolsin mid-November because of a lack of confidence in a platform that’s perceived as being closely tied to Sam Bankman-Fried, and due to falling asset prices.\nLido has seen its TVL increase by 3.69% during the last week, Curve is up 3%, and Compound Finance’s TVL is up by about 4.6%. Derivatives Decentralized Exchange GMX has seen its TVL rise by 6%.\nThe high correlation between the rise of TVL in major DeFi protocols and climbing token prices is a good thing, signaling that there’s still continued trust in DeFi, and that assets aren’t being withdrawn.Nansen data showsthat protocols likeCurve.fiand dYdxhave continued inflows of stablecoins during the past week.\nThe market’s continued confidence in DeFi is impressive, given ongoing concerns about security. Just last weekanother DeFi protocol, Ankr, was exploitedbecause of shoddy code found by an attacker. Granted, Binance had frozen a significant amount of the stolen assets – but these major DeFi hacks seem to be a bi-monthly occurrence.\nInvestors, nevertheless, appear willing to overlook such events, and instead, seem more focused on DeFi’s potential.\n10:00 a.m. HKT/SGT(2:00 UTC)European Union Retail Sales (YoY/Oct)\n3:00 p.m. HKT/SGT(7:00 UTC)United States ISM Services PMI (Nov)\n3:30 a.m. HKT/SGT(19:30 UTC)Reserve Bank of Australia Interest Rate Decision\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nBitcoin Slips After November Jobs Report; US Justice Dept Calls for Independent Probe of Alleged FTX Fraud\nThe U.S. economy added 263,000 jobs in November, more than expected. The unemployment rate remained the same at 3.7%. OANDA Senior Market Analyst of The Americas Edward Moya discussed the impact of the new economic report on crypto markets. Following the FTX crash, could regulation go too far? Tonya Evans, Penn State Dickinson Law professor, joined "First Mover" to discuss. Plus, CoinDesk\'s Margaux Nijkerk explained why Dogechain is different from dogecoin.\nBitcoin Miners’ FTX Contagion Exposure May Amplify Industry Pain:Core Scientific, Bitfarms and Genesis Digital Assets are among miners that have direct and indirect exposures to the fallout.\nFTX Japan Plans to Restart Local Customer Withdrawals:The crypto exchange\'s subsidiary has confirmed Japanese customer funds will remain separate from the ongoing bankruptcy proceedings in the U.S.\nAvalanche-Based DEX Trader Joe to Soon Deploy on Ethereum Scaling System Arbitrum:Trader Joe locked up over $95 million worth of tokens as of Friday and is among the most popular Avalanche-based products.\nDogecoin\'s Bitcoin-Beating Bounce May Be Bad News for the Market:In the past, outsized gains in DOGE have paved the way for a broader market sell-off.\nUS Justice Department Wants FTX Fraud Allegations to Be Investigated:The collapse was described as the "fastest big corporate failure in American history," in a court filing.', 'Good morning. Here’s what’s happening: Prices: Bitcoin clung to its most recent perch comfortably above $17K, as investors continue to look hopefully at a more dovish U.S. central bank. Insights: DeFi total value locked continued its recent rebound over the weekend. Prices CoinDesk Market Index (CMI) 875.87 +12.8 ▲ 1.5% Bitcoin (BTC) $17,273 +313.7 ▲ 1.8% Ethereum (ETH) $1,292 +36.1 ▲ 2.9% S&P 500 daily close 4,071.70 −4.9 ▼ 0.1% Gold $1,819 +23.4 ▲ 1.3% Treasury Yield 10 Years 3.51% ▼ 0.0 BTC/ETH prices per CoinDesk Indices ; gold is COMEX spot price. Prices as of about 4 p.m. ET Bitcoin Holds Steady Over $17K By James Rubin Is $17,000 the new $16,000 for Bitcoin? Will a recent uptick in investor optimism about the economy outweigh worries about the fallout from crypto exchange FTX\'s collapse? Crypto markets remained non-committal over the weekend. The largest cryptocurrency by market capitalization was recently trading near $17,300, an almost 2% gain over the past 24 hours and consistent with its performance for the past five days. BTC climbed above $17,000 on Wednesday and has held fast above this support following dovish remarks by U.S. central bank Chair Jerome Powell, who indicated a day later that the Federal Open Market Committee (FOMC) would likely raise interest rates 50 basis points (bps) instead of continuing its current diet of 75 bps. increases. Powell noted encouraging signs that inflation and the still vibrant job market were slowing. In an email to CoinDesk, Joe DiPasquale, CEO of crypto fund manager BitBull Capital, wrote that "the market" had "responded positively to Powell\'s speech, although he added warily that "we may want to see Bitcoin consolidating above $17k and **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-12-05 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $327,482,376,188 - Hash Rate: 268175577.3623268 - Transaction Count: 274064.0 - Unique Addresses: 654949.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.26 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Crypto in November has basically been a mess because of the fall of FTX. Enough doomscrolling. We’re entering the Thanksgiving (in the U.S.) and year-end holiday season. So here are some crypto-related things that I am, and you should be, thankful for. There is much to be thankful for. 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. I am thankful that Bitcoin still works Leave it to a bitcoin maximalist to make this about Bitcoin somehow. But it’s true. I am thankful that through all this turmoil, Bitcoin is ticking along. Blocks are still being mined and the network has nary a hiccup. And not only is Bitcoin working, but bitcoiners are working. We’ve seen both meaningful discussions around self-custody (plus exchange outflows have broken historical records ) and developers are developing new useful tools (plus an announcement of an announcement of an old idea ). What’s more, bitcoin is trading around $16,000. With public bitcoin miners struggling , the Grayscale Bitcoin Trust (GBTC) trading at a record discount to net asset value , Genesis Global Capital hiring a financial adviser after disclosing losses and suspending redemptions, and most bitcoin holders holding their bitcoins at a loss , bitcoin remaining steady around a $16,000 price level is nothing short of remarkable. (Grayscale and Genesis Global Capital are both owned by Digital Currency Group, which also owns CoinDesk.) Tick tock, next block. Why you should be thankful: When times are tough, people show you who they are; so do crypto protocols. Times are tough and investors and enthusiasts alike should take solace in the fact that Bitcoin is a sewer rat and will come out of this stronger . I am thankful the fallout isn’t really DeFi’s fault. Of course, as a bitcoin maximalist, my main criticism of crypto’s decentralized finance (DeFi) sub-industry is that it is mainly used as a circular, closed-loop model for gambling. Things like yield farming , play-to-earn , liquidity pools and the like might have some utility, but it does seem that most are just different flavors of speculation on coins. Story continues Still, the financial pain that has been wrought this month wasn’t DeFi’s fault. The failure of FTX was a failure of trusted third parties and people . Why you should be thankful: Even if speculation is the use case for DeFi and crypto, there is something to be said that the protocols didn’t break when FTX went down. If you think companies and institutions should crop up around crypto, this is simply a lesson in building better companies and institutions rather than a declaration that there’s nothing to be built around this technology, movement or whatever. I am thankful the fallout happened during a bear market. Genuinely. Last week I wrote about FTX-related contagion: “ Crypto is simply not big enough to have a serious impact on the broader economy .” I wrote something similar in May right after the Terra crash led to $40 billion in losses: “ Except next time an undercollateralized, algorithmic stablecoin fails, it’s not going to be $40 billion of lost value. It might be $400 billion. That could be catastrophic .” The crypto market is small now, so the tendrils of its reach are also small. This “contagion” should blow over without touching the non-crypto economy. Why you should be thankful: Whatever dies in crypto because of FTX’s downfall dies without too many far-reaching effects. I am thankful exchanges are considering proof of reserves. Following the FTX bankruptcy filing, industry professionals were calling for exchanges to implement proof of reserves . Proof of reserves should provide an assurance to customers that exchanges are in fact holding their funds. ( I wrote about it here .) A less-talked-about aspect of proof of reserves that should be more talked about is the idea that we might run into an issue regarding the total amount of circulating bitcoin crypto exchanges say they have. Why you should be thankful: The ability to hold your own coins is part of the value proposition of most cryptocurrencies. From the perspective of the Bitcoin system, one of the value propositions is that there is a finite, provably scarce number of bitcoin. If exchanges were found to be circulating an amount in excess of the number of bitcoin issued (i.e., they are selling paper, fake bitcoins rather than real bitcoins) we could: a) out some bad-faith actors in the space and b) see some crazy price movement as the demand for “real, actual” bitcoin spikes dramatically. I am thankful we have editorial independence at CoinDesk. Lastly, a shameless plug and unprompted advertisement for my employer and colleagues. CoinDesk’s Ian Allison is the reporter who tipped the first domino that led to the FTX bankruptcy filing. All along the way we’ve been reporting fast and, often, first. Our reporting has led to market moves and ultimately to uncertainty for some of our sister companies (Grayscale, Genesis) and by extension our parent company DCG. While skeptics still eye our attachment to our sister companies with a healthy cynicism (as they should: “Don’t Trust, Verify”), we’ve at least proven that we aren’t afraid to report when reporting is needed. Read more: CoinDesk Ethics Policy Why you should be thankful: Everyone has the right to accurate and timely reporting. You get that with CoinDesk. Whether you’re in the market for fast reporting to sync your risk model or in the mood to learn about the newest crypto trend or want to read about how mad David Morris is at Mark Zuckerberg , CoinDesk is here for you. Also, I am most thankful for you, dear reader, for reading each week (at least, I hope you do).... - 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:** ['Paid-for scam advertising is thriving across social media with risky investment adverts putting UK consumers of risk of fraud.\nThe most common (25%) investment products advertised were property related, while one in five (22%) were for cryptoassets \u2060— bothcryptocurrenciesand NFTs, according to consumer group Which?\nIn most cases, both of these products will be unregulated. One in 10 (12%) investment products advertised were unclear \u2060— they offered high returns without clarifying how those returns would be obtained.\nWhich? also found a small number of adverts for binary options, a form of trading banned in the UK since 2019. The FCA has previously warned that any firm offering binary options services is probably unauthorised or a scam.\nThe consumer body’s analysis identified 89 adverts with three or more red flags, such as a no risk warning or a claim that returns are guaranteed, amongst others, of which 23 had five or more red flags.\nRead more:Bitcoin price rises but FTX collapse still haunts solana\nPotentially misleading adverts often promised massive, risk-free and speedy returns, playing on consumers’ fears of missing out on opportunities, Which? warned.\nOne collection of adverts highlighted how repeat offenders persistently post dodgy adverts on Meta (META) owned Facebook and Instagram.\nThe adverts focused on a piece of software called "Tesler" and there were multiple indications that they were probably scams.\nTwenty adverts for Tesler identified by the research each raised eight separate serious risk flags. Which? also found similar adverts were scattered throughout the data it analysed.\nThe Financial Conduct Authority has previously issued a warning about a scam investment company using the brand name Tesler and impersonating a regulated trading company based in the UK.\nThe use of the name Tesler, with its similarities to automotive brand Tesla (TSLA), and other language used may be reinforcing this potentially misleading reference to attempt to draw in victims.\nRead more:Car insurance cost rises 2% to £436 on average\nRocio Concha, Which? director of policy and advocacy, said: “It is extremely worrying that misleading and potentially fraudulent investment adverts are still being shown to Facebook and Instagram users, putting consumers at risk of immense financial and emotional harm.\n“If a consumer group and another charity can design algorithms and uncover these adverts then tech giants should be able to create effective systems to do the same job on a bigger scale.”\nWhen a Which? researcher clicked on a Tesler ad, they were prompted to enter their contact details. Within less than an hour, they were called by a representative and pressured to set up a trading account amid claims that its "sophisticated algorithm...plays the trade with an 87% success rate". Together, these factors, and others, suggest that these Tesler adverts are likely to be a scam.\nWhich? warned that these red flags could mean consumers are led into making poor and risky investment choices or in the worst cases becoming fraud victims \u2060— who lose more than £45,000 on average to "clone" firm investment scams according to Action Fraud.\nThe consumer body is calling on the government to strengthen legislation so that scammers are barred from advertising in the first place.\n“The government must take a crucial step in the fight against fraud by ensuring the Online Safety Bill is passed into law without further delays. Otherwise we could be waiting even longer for alternative action to tackle online fraud infiltrating the world\'s biggest search engines and social media sites,” Concha added.', 'Among market participants, there are optimists and pessimists. The former are often eternal bulls while the latter often paint doomsday scenarios on any macroeconomic event. However, it’s usually best to take the middle path and be a realist. If I look at the current markets, a realistic assessment will be that uncertainties will prevail in 2023. However, there are growth stocks to buy that trade at seriously undervalued levels, even at this point in the market.\nAs a realist, I would remain overweight blue-chip stocks. The world might be staring at a recession in 2023. Having said that, markets are a leading indicator. Growth stocks seem to have discounted macroeconomic concerns and its implication on future earnings potential.\nIn 2021, several growth stocks delivered multibagger returns in a matter of few months. As a realist, I don’t expect a repeat to take place in 2023. However, I do think that there are seriously undervalued growth stocks to buy with the potential to surge 100% over the next 12 months.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nLet’s talk about three growth stocks to buy that are poised for a sharp reversal rally.\n[{"LCID": "TLRY", "Lucid Group": "Tilray Brands", "$9.43": "$4.68"}, {"LCID": "CPNG", "Lucid Group": "Coupang", "$9.43": "$17.91"}]\nSource: Around the World Photos / Shutterstock.com\nLucid Group(NASDAQ:LCID) stock, at $10, looks like an attractive bet for 2023. The company disappointed investors in 2022 with a weak production guidance. Furthermore, equity dilution has contributed to the stock’s decline.\nThings are likely to be different in 2023 with Lucid fully-financed through 2024. The companyalready has reservations of 34,000 cars. Accordingly, considering that production tripled on a quarter-on-quarter basis in Q3 and supply chain challenges are set to ease on a relative basis, production growth is likely to sustain. Currently, Lucid has an installed production capacity of 34,000 vehicles annually.\nLucid has been expanding aggressively in Europe, and its first factory outside North America is also under construction in Saudi Arabia. Notably, Lucid also has an order backlog of 100,000 EVs from the Saudi government through 2030. With the Lucid Air Sapphire and Project Gravity SUV in the pipeline in the next 24 months, the company’s growth outlook is bright. I would therefore not be surprised if LCID stock makes a sharp reversal from current levels.\nSource: Jarretera / Shutterstock.com\nWith federal legalization of cannabis a possibility in 2023,Tilray Brands(NASDAQ:TLRY) is another high-conviction growth stock to buy. Even if we leave aside the legalization catalyst, TLRY stock is undervalued.\nIn a recent positive development, President Bidensigned the marijuana research billinto law. This will allow researchers to study the potential benefits of marijuana in medicine. As a matter of fact, it’s the first stand-alone federal cannabis reform measure in more than 50 years.\nTilray is targeting $4 billion in revenue by 2024. In a scenario where cannabis is legalized, this certainly seems realistic. The company’s CEO believes that the U.S. is a$100 billion cannabis market. Additionally, Tilray expects all business units to be free cash flow positive in the current financial year. This is another positive financial development, as several cannabis companies struggle with significant cash burn.\nIt’s worth noting that Tilray has already made inroads in the U.S. markets with theacquisition of two brewing companies. This should help the company create a robust strategic infrastructure for growth acceleration, when legalization materializes.\nSource: Ki young / Shutterstock.com\nThe e-commerce sector has been among the hardest-hit in 2022. Much of the valuation compression e-commerce stocks saw has been due to a growth deceleration in this post-pandemic era. However, Chinese e-commerce stocks remain unattractive due to regulatory and growth headwinds. That said, in the Asian e-commerce space,Coupang(NYSE:CPNG) is one undervalued stock that has positive catalysts heading into 2023.\nThe most important factor bulls can rely on with CPNG stock is the company’s EBITDA profitability. For Q3 2022, Coupang reported adjusted EBITDA of $195 million and anEBITDA margin of 3.8%. The profitability turnaround with Coupang has been significant, and it’s likely that margin improvement will continue in 2023. In March 2022, the company had guided for long-termEBITDA margin in the range of 7% to 10%.\nIt’s also worth noting that Coupang reported 10% revenue growth in Q3 on a year-over-year basis. There are two possible triggers for revenue acceleration. First, the company believes that its active customers are 50% of Korean online shoppers. There is ample scope for growth within Korea.\nSecondly, Coupang is already expanding in other Asian countries. I would like to add that the trend in average revenue per user has been positive. This is another factor that will support revenue growth and margin expansion.\nOn the date of publication, Faisal Humayun did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the\xa0InvestorPlace.comPublishing Guidelines.\nFaisal Humayun is a senior research analyst with 12 years of industry experience in the field of credit research, equity research and financial modeling. Faisal has authored over 1,500 stock specific articles with focus on the technology, energy and commodities sector.\n• Buy This $5 Stock BEFORE This Apple Project Goes Live\n• The Best $1 Investment You Can Make Today\n• Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air”\n• It doesn’t matter if you have $500 or $5 million. Do this now.\nThe post3 Growth Stocks to Buy for 100% Returns in 2023appeared first onInvestorPlace.', 'Among market participants, there are optimists and pessimists. The former are often eternal bulls while the latter often paint doomsday scenarios on any macroeconomic event. However, it’s usually best to take the middle path and be a realist. If I look at the current markets, a realistic assessment will be that uncertainties will prevail in 2023. However, there are growth stocks to buy that trade at seriously undervalued l **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-12-06 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $326,687,873,400 - Hash Rate: 231289584.0177272 - Transaction Count: 262438.0 - Unique Addresses: 637825.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.25 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Apollo Global Management – one of the world’s largest asset managers, with more than $500 billion under management – is breaking into crypto custody through a partnership with digital asset platform Anchorage Digital. Anchorage, which is the first federally chartered digital asset bank in the U.S., will custody a “significant portion” of Apollo’s crypto portfolio. In total, Apollo holds over $500 billion in assets under management. “We were drawn to working with Anchorage given their commitment to operating under strict regulatory oversight, their strong emphasis on security and segregation of client assets, and their ease of use for asset managers to hold digital tokens,” said Apollo COO Adam Eling in a statement on Monday. Eling added that the company would explore new ways to apply blockchain technology across its business. The move marks another major entrance into crypto from a national leader in asset management, following BlackRock’s partnership with Coinbase for Bitcoin trading and custody in August. Fidelity, one of the first major financial firms to break into Bitcoin back in 2018, introduced Ethereum trading to institutional clients earlier this month. Apollo brought on former JPMorgan crypto lead Christine Moy in April to be its Head of Digital Assets. Moy told Decrypt at the SALT conference last month that Apollo is “looking to be a real-world practitioner” of blockchain technology and is also interested in “putting real-world assets on-chain.” Of course, the partnership also takes place during a major down year for both crypto prices and trading activity , possibly indicating that long-term interest in the asset class is still bubbling under the surface. “Institutions are taking a long-term approach to crypto,” Anchorage president Diogo Mónica told Decrypt in an email. While he declined to comment on which digital assets it would custody on Apollo’s behalf, he said he’s confident that Apollo and other institutional partners are “here to stay.” Story continues “Apollo is a leader in the alternatives industry, so their use of Anchorage’s custody platform is incredibly validating,” Mónica added. Anchorage and Apollo’s relationship started more than a year ago when the latter firm started exploring the best ways to safeguard clients’ crypto holdings. The asset manager later contributed to Anchorage’s growth by joining its $350 million Series D funding round last December. At the time, Mónica hinted that big banks and corporations had been preparing products for years that would likely hit the market in “mid-to-late 2022.”... - Reddit Posts (Sample): [['u/AverageRedditUser637', 'Buying small amounts of XMR', 20, '2022-12-06 00:03', 'https://www.reddit.com/r/darknet/comments/zdn98a/buying_small_amounts_of_xmr/', 'anybody know the best place to buy XMR in low quantities? I need like £0.5 and would be a hassle to buy £30 worth of BTC and then convert', 'https://www.reddit.com/r/darknet/comments/zdn98a/buying_small_amounts_of_xmr/', 'zdn98a', [['u/sweden-06', 35, '2022-12-06 00:06', 'https://www.reddit.com/r/darknet/comments/zdn98a/buying_small_amounts_of_xmr/iz2b7bm/', 'Do it on localmonero and ask the seller to make an exception. A good review is worth more than 0.5', 'zdn98a'], ['u/SmoothTraining2081', 16, '2022-12-06 01:40', 'https://www.reddit.com/r/darknet/comments/zdn98a/buying_small_amounts_of_xmr/iz2nzg3/', 'Tradeogre', 'zdn98a'], ['u/ScoobaMonsta', 10, '2022-12-06 01:47', 'https://www.reddit.com/r/darknet/comments/zdn98a/buying_small_amounts_of_xmr/iz2ow1h/', 'I second TradeOgre', 'zdn98a'], ['u/teksponge', 23, '2022-12-06 01:54', 'https://www.reddit.com/r/darknet/comments/zdn98a/buying_small_amounts_of_xmr/iz2ptel/', 'I feel this so much. Getting everything sorted on a DN market wallet and realising you’re 17p short', 'zdn98a'], ['u/Aluconix', 13, '2022-12-06 11:59', 'https://www.reddit.com/r/darknet/comments/zdn98a/buying_small_amounts_of_xmr/iz4aqp3/', "Unless you're joking, he probably means he's probably short that much.", 'zdn98a'], ['u/eucryptic1', 13, '2022-12-06 13:08', 'https://www.reddit.com/r/darknet/comments/zdn98a/buying_small_amounts_of_xmr/iz4g3aw/', 'I hear you brother, this is why it is always a good idea to buy more than you need, in case the market suddenly drops. Anything leftover might be enough to cover the shipping on your next purchase too.', 'zdn98a']]], ['u/Chysce', "PORTFOLIO EXPERIMENT - Reddit's favorite coins vs Reddit's least favorite coins", 366, '2022-12-06 00:09', 'https://www.reddit.com/r/CryptoCurrency/comments/zdnesq/portfolio_experiment_reddits_favorite_coins_vs/', "There is a myth in our community that redditors are notoriously bad when it comes to picking altcoins... so much so that some of you suggested that people should do the opposite of what redditors suggest.\n\nWithout further ado, let's test this myth and put your coin suggestions to the test.\n\nIn the previous weeks there have been a couple of posts asking which altcoin to accumulate... and some posts about which altcoins to avoid.\n\nI decided to combine the most upvoted comments and picked 5 coins that redditors really like, and 5 coins that most dislike. To have something to compare those portfolios with I also created a robust portfolio of 50% BTC and 50% ETH.\n\nHere are top 5 shilled / hated altcoins and their respective portfolios :)\n\nhttps://preview.redd.it/463wwhe2v54a1.png?width=648&format=png&auto=webp&s=ce708d6182d64ff2d19334ae3c49d41e7e62bb79\n\nI will be tracking detailed data for all three portfolios. Updates will be posted monthly. This will be a lengthy experiment but the results might finally uncover whether we really are terrible investors, or we are just too harsh on ourselves.\n\n\\----------------------------------------------------------------------------------------------------------------------------------------\n\nSources for alt picks\n\nFavorite alts [https://www.reddit.com/r/CryptoCurrency/comments/zc9iah/apart\\_from\\_btceth\\_what\\_is\\_the\\_safest\\_coin\\_to/](https://www.reddit.com/r/CryptoCurrency/comments/zc9iah/apart_from_btceth_what_is_the_safest_coin_to/)\n\nMost disliked alts [https://www.reddit.com/r/CryptoCurrency/comments/z7pz3k/serious\\_which\\_top\\_250\\_coin\\_do\\_you\\_think\\_is\\_an/](https://www.reddit.com/r/CryptoCurrency/comments/z7pz3k/serious_which_top_250_coin_do_you_think_is_an/) [https://www.reddit.com/r/CryptoCurrency/comments/z7pz3k/serious\\_which\\_top\\_250\\_coin\\_do\\_you\\_think\\_is\\_an/](https://www.reddit.com/r/CryptoCurrency/comments/z7pz3k/serious_which_top_250_coin_do_you_think_is_an/)", 'https://www.reddit.com/r/CryptoCurrency/comments/zdnesq/portfolio_experiment_reddits_favorite_coins_vs/', 'zdnesq', [['u/[deleted]', 14, '2022-12-06 00:10', 'https://www.reddit.com/r/CryptoCurrency/comments/zdnesq/portfolio_experiment_reddits_favorite_coins_vs/iz2btps/', 'Now this is science.', 'zdnesq'], ['u/Chysce', 10, '2022-12-06 00:12', 'https://www.reddit.com/r/CryptoCurrency/comments/zdnesq/portfolio_experiment_reddits_favorite_coins_vs/iz2c079/', 'I am an actual scientist xD\n\nAnd love data analysis so yeah :D', 'zdnesq'], ['u/SirAlexanderFerguson', 14, '2022-12-06 00:17', 'https://www.reddit.com/r/CryptoCurrency/comments/zdnesq/portfolio_experiment_reddits_favorite_coins_vs/iz2cran/', "I'm amazed BNB isnt on the disliked list", 'zdnesq'], ['u/TruthSeeekeer', 138, '2022-12-06 00:18', 'https://www.reddit.com/r/CryptoCurrency/comments/zdnesq/portfolio_experiment_reddits_favorite_coins_vs/iz2ctq9/', 'Time to see if the inverse r/CryptoCurrency portfolio actually works. \n\nI will watch your career with great interest.', 'zdnesq'], ['u/strudelpower', 29, '2022-12-06 00:22', 'https://www.reddit.com/r/CryptoCurrency/comments/zdnesq/portfolio_experiment_reddits_favorite_coins_vs/iz2dex1/', 'OP you forgot the golden boy of the sub ALGO', 'zdnesq'], ['u/Chysce', 20, '2022-12-06 00:27', 'https://www.reddit.com/r/CryptoCurrency/comments/zdnesq/portfolio_experiment_reddits_favorite_coins_vs/iz2e469/', 'It ended up being a 6th pick :/ Decided not to overcomplicate and kept it simple (5 coins only)', 'zdnesq'], ['u/z0uNdz', 12, '2022-12-06 00:32', 'https://www.reddit.com/r/CryptoCurrency/comments/zdnesq/portfolio_experiment_reddits_favorite_coins_vs/iz2etuq/', 'Wont be surprised at all if the bad boys come out on top a year from now. If this is reddit based it’s almost a guarantee', 'zdnesq'], ['u/Wise-Grapefruit-1443', 12, '2022-12-06 00:35', 'https://www.reddit.com/r/CryptoCurrency/comments/zdnesq/portfolio_experiment_reddits_favorite_coins_vs/iz2f8bp/', 'ADA is a good boy now? This sub is so bi-polar when it comes to Cardano', 'zdnesq'], ['u/cryptothrowaway27', 53, '2022-12-06 00:56', 'https://www.reddit.com/r/CryptoCurrency/comments/zdnesq/portfolio_experiment_reddits_favorite_coins_vs/iz2i3na/', 'That SHIB entry price always cracks me up in Excel... "am I joke to you?"', 'zdnesq'], ['u/sadacekiwi', 17, '2022-12-06 01:04', 'https://www.reddit.com/r/CryptoCurrency/comments/zdnesq/portfolio_experiment_reddits_favorite_coins_vs/iz2j6ob/', 'Wait I thought the sub was in love with whichever coins pumped recently.', 'zdnesq'], ['u/Chysce', 22, '2022-12-06 01:12', 'https://www.reddit.com/r/CryptoCurrency/comments/zdnesq/portfolio_experiment_reddits_favorite_coins_vs/iz2k7pj/', 'It is... hence LTC took the place and not ALGO', 'zdnesq'], ['u/[deleted]', 67, '2022-12-06 01:42', 'https://www.reddit.com/r/CryptoCurrency/comments/zdnesq/portfolio_experiment_reddits_favorite_coins_vs/iz2oaif/', '1. Create a series of posts updating everyone on an inverse portfolio\n\n2. Gather up easy Moons\n\n3. Jump into Reddit vault like Scrooge McDuck', 'zdnesq'], ['u/54sTAtEs', 24, '2022-12-06 01:53', 'https://www.reddit.com/r/CryptoCurrency/comments/zdnesq/portfolio_experiment_reddits_favorite_coins_vs/iz2pni0/', 'That’s what makes it so attractive to newbs because could you imagine “when” it reaches a dollar! OMG I’d be a billionaire off of $20!!', 'zdnesq'], ['u/Aromatic-Front-5919', 14, '2022-12-06 02:32', 'https://www.reddit.com/r/CryptoCurrency/comments/zdnesq/portfolio_experiment_reddits_favorite_coins_vs/iz2uoxw/', 'Wait Reddit has favorite coins other than BTC and ETH?', 'zdnesq'], ['u/Deskrad', 11, '2022-12-06 03:38', 'https://www.reddit.com/r/CryptoCurrency/comments/zdnesq/portfolio_experiment_reddits_favorite_coins_vs/iz33i29/', "It ain't much.... she tells me often", 'zdnesq'], ['u/magocremisi8', 17, '2022-12-06 05:32', 'https://www.reddit.com/r/CryptoCurrency/comments/zdnesq/portfolio_experiment_reddits_favorite_coins_vs/iz3haza/', 'When your math knowledge caps out at multiplication', 'zdnesq']]], ['u/meja1', 'Is Coinbase Wallet my own wallet?', 17, '2022-12-06 01:52', 'https://www.reddit.com/r/CryptoCurrency/comments/zdq49u/is_coinbase_wallet_my_own_wallet/', 'Forgive the ignorance. I’m very interested I buying some Bitcoin before it reaches $20k. I also like Ether. Then time to HODL. With all the talk of doom/gloom with Exchanges and my own negative experience with Voyager (lost all my coins presumably, got all my cash) I’m not wanting to buy/hold on Coinbase, but, don’t necessarily want to mess with Metamask. \n\nSo, I know Coinbase is a hot wallet but do I own it/coins in it? \n\nShould I go cold wallet for a relatively small amount of Bitcoin and Ethereum\n\nThx for your help in advance.\n\n(Thx for the tips, edited original post)', 'https://www.reddit.com/r/CryptoCurrency/comments/zdq49u/is_coinbase_wallet_my_own_wallet/', 'zdq49u', [['u/Pale_Wrongdoer5155', 13, '2022-12-06 01:56', 'https://www.reddit.com/r/CryptoCurrency/comments/zdq49u/is_coinbase_wallet_my_own_wallet/iz2q2f9/', 'Cold storage is highly recommended if you’re long term hodling', 'zdq49u'], ['u/Rock_Strongo', 38, '2022-12-06 02:11', 'https://www.reddit.com/r/CryptoCurrency/comments/zdq49u/is_coinbase_wallet_my_own_wallet/iz2rzfq/', "You are getting conflicting answers because Coinbase and Coinbase Wallet are two different things:\n\nCoinbase: They hold your keys. You have access to your funds as long as the platform is up and they haven't restricted them for some reason.\n\nCoinbase Wallet: You hold the keys. The wallet is simply an interface for interacting with your crypto. If Coinbase goes down for whatever reason you can enter your seed into any other compatible wallet and have full access to your coins.", 'zdq49u'], ['u/hateballrollin', 10, '2022-12-06 02:30', 'https://www.reddit.com/r/CryptoCurrency/comments/zdq49u/is_coinbase_wallet_my_own_wallet/iz2ufmi/', 'I think this is the biggest issue with "n... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 edged up above US$17,000 in Wednesday morning trading, a level it has fluctuated around for much of the past week. Ether also tracked higher along with most other top 10 non-stablecoin cryptocurrencies in slow trading. Solana was the only token to gain more than 1%. See related article: Unfazed by FTX fiasco, Goldman Sachs eyes investments in crypto market Fast facts Bitcoin rose 0.7% to US$17,092 in the 24 hours to 8 a.m. in Hong Kong, while Ether gained 1% to trade at US$1,271, according to CoinMarketCap . All other top ten tokens were trading within a 1% range, except for Solana which rose 3.3% to change hands at US$14.29. The leading memecoin Dogecoin fell 1.2% to US$0.10. Solana gains followed the announcement of a partnership between Solana non-fungible token (NFT) project Degenerate Apes and Web3 game Degen Royale. The total crypto market cap rose 0.4% to US$857 billion, while trading volume fell\xa0 10.1% to US$36.2 billion. U.S. equities ended Tuesday lower after Wall Street executives said a recession could be on the cards for next year as inflation remains stubbornly high despite the U.S. Federal Reserve successive increases in interest rates this year. The Dow Jones fell 1%, the Nasdaq Composite Index dropped 2%, and the S&P 500 Index closed the day 1.4% lower for a 4-day losing streak. “Rates are now on their way to 5%,” said JPMorgan Chase Chief Executive Officer Jamie Dimon in an interview with CNBC on Tuesday . “When you’re looking forward, those things very well might derail the economy and cause this mild to hard recession people are talking about.” In the same interview, Dimon slammed cryptocurrencies, calling them “pet rocks.” Goldman Sachs Group Inc. Chief Executive Officer David Solomon also predicted a recession in coming months, citing high interest rates and inflation in comments at the Wall Street Journal’s CEO Council Summit in Washington, D.C. The Fed has increased interest rates since March to try to slow inflation, raising from near zero to a 15-year high of 3.75% to 4%, and has signaled that rates may end up exceeding 5%. The Fed has said it wants inflation in a target range of 2%. The consumer price index showed inflation was running at 7.7% in October, down from 8.2% in September. Trade data released on Tuesday showed that the U.S. trade deficit rose 5.4% in October to a four-month high of US$78.2 billion, in a sign of weakening demand for U.S. goods and services. See related article: Hong Kong’s race to launch first crypto-linked ETF begins', 'Bitcoin edged up above US$17,000 in Wednesday morning trading, a level it has fluctuated around for much of the past week. Ether also tracked higher along with most other top 10 non-stablecoin cryptocurrencies in slow trading. Solana was the only token to gain more than 1%. See related article: Unfazed by FTX fiasco, Goldman Sachs eyes investments in crypto market Fast facts Bitcoin rose 0.7% to US$17,092 in the 24 hours to 8 a.m. in Hong Kong, while Ether gained 1% to trade at US$1,271, according to CoinMarketCap . All other top ten tokens were trading within a 1% range, except for Solana which rose 3.3% to change hands at US$14.29. The leading memecoin Dogecoin fell 1.2% to US$0.10. Solana gains followed the announcement of a partnership between Solana non-fungible token (NFT) project Degenerate Apes and Web3 game Degen Royale. The total crypto market cap rose 0.4% to US$857 billion, while trading volume fell\xa0 10.1% to US$36.2 billion. U.S. equities ended Tuesday lower after Wall Street executives said a recession could be on the cards for next year as inflation remains stubbornly high despite the U.S. Federal Reserve successive increases in interest rates this year. The Dow Jones fell 1%, the Nasdaq Composite Index dropped 2%, and the S&P 500 Index closed the day 1.4% lower for a 4-day losing streak. “Rates are now on their way to 5%,” said JPMorgan Chase Chief Executive Officer Jamie Dimon in an interview with CNBC on Tuesday . “When you’re looking forward, those things very well might derail the economy and cause this mild to hard recession people are talking about.” In the same interview, Dimon slammed cryptocurrencies, calling them “pet rocks.” Goldman Sachs Group Inc. Chief Executive Officer David Solomon also predicted a recession in coming months, citing high interest rates and inflation in comments at the Wall Street Journal’s CEO Council Summit in Washington, D.C. The Fed has increased interest rates since March to try to slow inflation, raising from near zero to a 15-year high of 3.75% to 4%, and has signaled that rates may end up exceeding 5%. The Fed has said it wants inflation in a target range of 2%. The consumer price index showed inflation was running at 7.7% in October, down from 8.2% in September. Trade data released on Tuesday showed that the U.S. trade deficit rose 5.4% in October to a four-month high of US$78.2 billion, in a sign of weakening demand for U.S. goods and services. See related article: Hong Kong’s race to launch first crypto-linked ETF begins', 'Bitcoin edged up above US$17,000 in Wednesday morning trading, a level it has fluctuated around for much of the past week. Ether also tracked higher along with most other top 10 non-stablecoin cryptocurrencies in slow trading. Solana was the only token to gain more than 1%. See related article: Unfazed by FTX fiasco, Goldman Sachs eyes investments in crypto market Fast facts Bitcoin rose 0.7% to US$17,092 in the 24 hours to 8 a.m. in Hong Kong, while Ether gained 1% to trade at US$1,271, according to CoinMarketCap . All other top ten tokens were trading within a 1% range, except for Solana which rose 3.3% to change hands at US$14.29. The leading memecoin Dogecoin fell 1.2% to US$0.10. Solana gains followed the announcement of a partnership between Solana non-fungible token (NFT) project Degenerate Apes and Web3 game Degen Royale. The total crypto market cap rose 0.4% to US$857 billion, while trading volume fell\xa0 10.1% to US$36.2 billion. U.S. equities ended Tuesday lower after Wall Street executives said a recession could be on the cards for next year as inflation remains stubbornly high despite the U.S. Federal Reserve successive increases in interest rates this year. The Dow Jones fell 1%, the Nasdaq Composite Index dropped 2%, and the S&P 500 Index closed the day 1.4% lower for a 4-day losing streak. “Rates are now on their way to 5%,” said JPMorgan Chase Chief Executive Officer Jamie Dimon in an interview with CNBC on Tuesday . “When you’re looking forward, those things very well might derail the economy and cause this mild to hard recession people are talking about.” In the same interview, Dimon slammed cryptocurrencies, calling them “pet rocks.” Goldman Sachs Group Inc. Chief Executive Officer David Solomon also predicted a recession in coming months, citing high interest rates and inflation in comments at the Wall Street Journal’s CEO Council Summit in Washington, D.C. The Fed has increased interest rates since March to try to slow inflation, raising from near zero to a 15-year high of 3.75% to 4%, and has signaled that rates may end up exceeding 5%. The Fed has said it wants inflation in a target range of 2%. The consumer price index showed inflation was running at 7.7% in October, down from 8.2% in September. Trade data released on Tuesday showed that the U.S. trade deficit rose 5.4% in October to a four-month high of US$78.2 billion, in a sign of weakening demand for U.S. goods and services. See related article: Hong Kong’s race to launch first crypto-linked ETF begins', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin, ether and other major cryptos traded sideways, albeit slightly to the green.\nInsights:Asia is ready for a scaled-up, crypto-friendly bank.\nBitcoin Watches and Waits From Its $17K Perch\nCoinDesk Market Index (CMI)\n866.79\n−0.9▼0.1%\nBitcoin (BTC)\n$17,054\n+13.5▲0.1%\nEthereum (ETH)\n$1,266\n+1.5▲0.1%\nS&P 500 daily close\n3,941.26\n−57.6▼1.4%\nGold\n$1,782\n+12.2▲0.7%\nTreasury Yield 10 Years\n3.51%\n▼0.1\nBTC/ETH prices perCoinDesk Indices; gold is COMEX spot price. Prices as of about 4 p.m. ET\nBy James Rubin\nBitcoin spent another day watching and waiting.\nThe largest cryptocurrency by market value was recently trading just above $17,000, up a smidgen of a percentage point over the past 24 hours and roughly around its level of the past two weeks as investors continued to weigh economic indicators suggesting the U.S. Federal Reserve still had work to do on the inflation front. BTC has remained tethered to the $17,000 handhold it grabbed eight days ago when signs pointed to the Federal Reserve retreating from its ultra-monetary hawkishness.\nBut in a speech at the Brookings Institute on Dec. 1, Fed Chair Jerome Powell indicated the bank might raise interest rates higher than expected in 2023 even as it contemplated lowering its next rate hike later this month from its current fare of 75 basis points (bps) increases to 50 bps. "The positive market response to the Powell speech suggests that macro conditions will still play a substantial part in BTC\'s price discovery onwards,"Arcane Research, which provides analysis of digital asset trends, wrote in a newsletter on Tuesday.\nArcane added, however that separate from reaction to Powell\'s remarks, markets have stayed "directionless ... as BTC has spent the first six days of December floating in a narrow trading range near $17,000. The market slowdown is reflected in severely reduced trading volumes in spot and derivatives markets, and the last month seems to have caused market participants to shy [away from] the crypto market."\nEther was recently changing hands at about $1,260, up slightly since Monday, same time. Most other major altcoins were recently in the green with AXS, the token of gaming platform Axie Infinity, rising more than 4.5% to continue a recent surge. SUSHI, the token of decentralized exchange Sushiswap, was off more than 10%. TheCoinDesk 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: 2022-12-07 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $323,855,271,725 - Hash Rate: 292794732.7377177 - Transaction Count: 272328.0 - Unique Addresses: 652144.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.29 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency has recommended approving AstraZeneca Plc (NASDAQ: AZN ) - Merck & Co Inc (NYSE: MRK ) partnered Lynparza (olaparib) in combination with abiraterone and prednisone or prednisolone for prostate cancer setting. The opinion covers metastatic castration-resistant prostate cancer (mCRPC) patients for whom chemotherapy is not clinically indicated. The CHMP also backed the approval of AstraZeneca’s Imfinzi (durvalumab) for the 1st-line treatment of unresectable or metastatic biliary tract cancer (BTC) in combination with chemotherapy (gemcitabine plus cisplatin). Positive opinion based on TOPAZ-1 Phase 3 trial updated survival results showing Imfinzi combination reduced risk of death by 24% vs. chemotherapy alone. Related: FDA Approves AstraZeneca's Imfinzi/Imjudo Chemo Combo For Late Stage Lung Cancer . AstraZeneca and Daiichi Sankyo’s (OTC: DSNKY ) Enhertu (trastuzumab deruxtecan) has been recommended for approval as monotherapy for advanced HER2-positive gastric or gastroesophageal junction (GEJ) adenocarcinoma who have received a prior trastuzumab-based regimen. Positive is based on DESTINY-Gastric02, which showed Enhertu demonstrated clinically meaningful efficacy, and DESTINY-Gastric01, which showed improved overall survival compared to chemotherapy. Price Action: AZN shares are up 1.40% at $63.65 during the premarket session on the last check Monday. See more from Benzinga FDA Approves AstraZeneca's Imfinzi/Imjudo Chemo Combo For Late Stage Lung Cancer Repeat COVID-19 Infection Increases Risk Of Acute Outcomes, Long COVID Symptoms, Study Shows Don't miss real-time alerts on your stocks - join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better . © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['SAI.TECH Global Corporation SINGAPORE, Dec. 08, 2022 (GLOBE NEWSWIRE) -- SAI.TECH Global Corporation (“SAI.TECH” or the “Company”, NASDAQ: SAI, SAITW),\xa0a global energy-saving bitcoin mining operator and a clean-tech company that integrates the bitcoin mining, heating, and power industries, today reported unaudited financial results for the six months ended June 30, 2022. Financial Highlights for the Six Months Ended June 30, 2022 Total revenues for the six months ended June 30, 2022, were US$ 5.4 million, having decreased 33% compared to the six months ended June 30, 2021. Gross profits for the six months ended June 30, 2022, was US $0.6 million, having decreased 47% compared to the six months ended June 30, 2021. Net losses for the six months ended June 30, 2022, was US$2.8 million compared to net losses of US$0.2 million for the six months ended June 30, 2021. Mr. Arthur Lee, Chairman and Chief Executive Officer of the Company, stated that, “The negative impact caused by tightened regulation on crypto mining businesses and the vibration in cryptocurrency markets on the Company’s business resulted in the downward trend on the Company’s half-year financial result.” Recent Developments Despite the deterioration of global bitcoin market and the fall of bitcoin price, we believe that minimizing total mining costs is key to future success and have continued our research and development towards innovative liquid cooling technologies, to expand our capabilities and advantages as an energy-saving clean bitcoin mining operator. We have introduced two new liquid cooling bitcoin mining infrastructure products in September 2022 and received UL listing certification for US and Canada for our current product. We also updated our SAIHUB App to support the rapidly growing Bitcoin Lighting Network. We hosted and streamed the first Bitcoin Heat Day in August and sponsored the 2022 Cryptocurrency Research Conference in September 2022. Launch of New Products With our continuing efforts on product research and development, we added two new infrastructure products – TANKBOX and RACKBOX, to our current SAIHUB BOX product line in September 2022. TANKBOX is our new immersion cooling outdoor container product, which is compatible with all air-cooled mining machines on the market. Equipped with heat recovery system, TANKBOX can accommodate 72 to 144 mining machines in outdoor environments and provide hot water of up to 50 degrees Celsius. TANKBOX is expected to be officially launched to market by end of 2022. RACKBOX is our new outdoor container product, which can accommodate 90 units of Whatsminer’s latest liquid-cooling miners. Equipped with heat recovery system, RACKBOX is capable of recovering waste heat and providing hot water of up to 60 degrees Celsius. RACKBOX is expected to be launched in the first quarter of 2023. Story continues Update of SAIHU App We updated and launched the SAIHUB App 1.1, which supports Bitcoin Lighting Network. UL Listing Certification We have received the formal UL (Underwriters Laboratories) Listing certification for US and Canada under industrial control panels section for SAI.TECH\'s core product SAIHUB CAB 025M. Presence at Online and In-Person Conferences We hosted the first ‘Bitcoin Heat Day’ offline gathering event in New York City on August 9, 2022. We sponsored and presented on the 2022 Cryptocurrency Research Conference (CRC), held in Durham, the United Kingdom, from September 22 to 23, 2022. Financial Results for the Six Months Ended June 30, 2022 Revenues Sales of Products .\xa0Sales of products represented the sales of high-performance digital asset mining machines to end customers. The revenue from sales of products was $3.7\xa0million and $6.9\xa0million for the six months ended June\xa030, 2022 and 2021, respectively, having decreased by $3.2\xa0million, or 47%. The decrease was mainly associated with bitcoin price fall in the first half of 2022, which led to a shrink in bitcoin miners’ trading business. Hosting Service .\xa0Hosting services includes all services related to hosting (including keeping and running the mining machines) and daily maintenance of servers to customers. Our hosting revenue for the six months ended June 30, 2022, and June 30, 2021, were derived from our hosting operations in Kazakhstan. The revenues were $1.0 million and $1.1 million, respectively, for the six months ended June 20, 2022 and 2021. Mining Pool . Mining pool income includes revenues from the Company’s self-owned sai.plus mining pool, representing mining rewards from sai.plus mining pool. The Company allocates mining rewards to each pool participant, mainly the hosting clients, net of the pool operator fees based on the sharing mechanism predetermined and records as cost of mining pool revenue. Our mining pool revenues were $0.6 million and nil, respectively, for the six months ended June 30, 2022, and June 30, 2021. Mining Revenue . Mining revenues represent mining rewards generated from the Company’s self-owned mining machines. The mining revenues are mainly derived from our operations in Mexico beginning in 2022.Our mining revenue was $0.03 and nil, respectively for the six months ended June 30, 2022, and June 30, 2021. Cost of Revenues Cost of revenues primarily included the cost for the purchase of high-performance digital asset mining machines, costs incurred for our self-mining activities, and the direct costs incurred for the provision of hosting services and mining rewards allocated to each provider of pool participant in exchange for their computing power contributed to the mining pool. The cost of revenues decreased by $2.1\xa0million or 30%, from $6.8\xa0million for the six months ended June\xa030, 2021, to $4.8\xa0million for the six months ended June\xa030, 2022. The decrease in cost of revenues was basically in line with the decrease in revenue. Gross (Loss)/Profit and Gross Margin Our gross profit decreased by $0.54\xa0million, from $1.14\xa0million for the six months ended June\xa030, 2021, to gross profit of $0.60\xa0million for six months ended June\xa030, 2022. Gross profit as a percentage of revenue (“gross margin”) was 14% and 11% for the six months ended June\xa030, 2021, and 2022, respectively. The decrease of gross margin was mainly due to the decrease in margin of sales of products. Our selling price dropped because of the fall in bitcoin price. Selling and Marketing Expenses Our selling and marketing expenses primarily consisted of staff costs and travelling expenses to participate in marketing activities. Selling and marketing expenses increased by $0.12\xa0million from $0.12\xa0million for the six months ended June\xa030, 2021, to $0.24\xa0million for the six months ended June\xa030, 2022. The increase was mainly due to an increase in business development activities in the first half of 2022. General and Administrative Expenses Our general and administrative expenses mainly consisted of salaries and bonuses, office related expenses and professional service fees. General and administrative expenses increased by $1.7\xa0million, or 183%, from $0.91\xa0million for the six months ended June\xa030, 2021, to $2.57\xa0million for the six months ended June\xa030, 2022. The increase was mainly attributable to an increase of $0.8 million in salaries and bonuses as a result of increased staff headcount and an increase of $0.72 million in depreciation expense. Research and Development Expenses Our research and development expenses mainly consisted of amortization expenses of intangible assets and costs for the development of waste heat recovery technology. Research and development expenses decreased by $0.1\xa0million, or 44%, from $0.23\xa0million for the six months ended June\xa030, 2021, to $0.13\xa0million for the six months ended June\xa030, 2022. The decrease was mainly attributable to less research and development activities amid the sharp fall in bitcoin price in the first half of 2022. Impairment of Long-Lived Assets Impairment of long-lived assets increased by $0.02 million, or 32%, from $0.05 million for the six months ended June 30, 2021, to $0.07 million, for the six months ended June 30, 2022. The change was mainly due to the impairment of cryptocurrency we sustained due to the fall of bitcoin prices. Other Income(Expense), net Other income included $0.03 million for the six months ended June 30, 2021, and other expenses was $0.3 million for the six months ended June 30, 2022, which mainly comprises of loss on disposal of fixed assets of $0.3 million. Net loss As a result of the foregoing, we had a net loss of $0.2\xa0million for the six months ended June\xa030, 2021, and a net loss of $2.8\xa0million for the six months ended June\xa030, 2022. Liquidity As of June 30, 2022, cash and cash equivalents were US$ 16.5 million. About SAI.TECH SAI.TECH is a global energy-saving Bitcoin mining operator and a clean-tech company that integrates the bitcoin mining, power and heating industries. SAI.TECH uses proprietary liquid cooling and waste heat recovery technology for its digital asset mining machines, which utilizes waste heat to provide recycled energy and heating to potential customers while lowering mining operating costs. SAI.TECH strives to globally become the most energy-efficient digital asset mining operations company, while simultaneously promoting the clean transition of the bitcoin mining, power and heating industries. For more information on SAI.TECH, please visit https://sai.tech/. Forward-Looking Statements: This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “believe”, “expect”, “anticipate”, “project”, “targets”, “optimistic”, “confident that”, “continue to”, “predict”, “intend”, “aim”, “will” or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that may be deemed forwar **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-12-08 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $324,079,617,844 - Hash Rate: 284283257.94883054 - Transaction Count: 263838.0 - Unique Addresses: 646079.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.25 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Second from right, Sam Bankman-Fried, CEO of FTX US Derivatives among others testifying to the US House Agriculture Committee in May 2022. Photo: Tom Williams/CQ-Roll Call, Inc/ Getty (Tom Williams via Getty Images) The cryptocurrency market nose-dived after an internal war between two of the industry's billionaire tycoons hurt investor confidence and led to a mass rout. The recent drama involves crypto-exchange FTX founder Sam Bankman-Fried and Binance's chief executive Changpeng "CZ" Zhao in a painful display of rivalry that has caused tremours of doubt to reverberate through the whole industry. The only major cryptocurrencies which have seen a gain in the last 24 hours are stablecoins such as USDT ( USDT-USD ) and USDC ( USDC-USD ). These tokens, which should hold parity with the dollar, actually gained slightly against the greenback ( GBPUSD=X ), due to a pump in their market cap as investors dumped their crypto-holdings and parked their value in stablecoins in an effort to weather the storm. Check: Crypto live prices Confidence in the crypto industry has taken a critical hit since the clash between FTX and Binance , and now the industry is acting like a prone boxer hoping to stay the round. It's too early to say whether crypto's civil war is but a momentary redress of the balance of power or a bat signal of distress articulating that investor confidence is shattered good and may never recover. Since the drama began the combined cryptocurrency market capitalisation has fallen by over 8% in the past 24 hours to $940bn, according to data from coingecko . This is a considerable fall from the market cap value at the beginning of the week of $1.07tn when the first shot of an internal war between two of the industry's most prominent tycoons was fired. Since then the value of FTT ( FTT-USD ) has haemorrhaged a devastating 80% in the past week to $4.62. Crypto traders holding long positions across all blue-chip cryptocurrencies saw massive losses and questions are being raised over the security of the crypto-lending firms that were bailed out by FTX after the fall-out from May's Terra/Luna crash. Read more: FTX crash wipes billions from market as Binance steps in to buy crypto rival Story continues It was on Sunday evening that the first shot of the crypto infight occurred when Binance CEO Changpeng 'CZ' Zhao tweeted that he would dump his exchange's holdings of FTX's native cryptocurrency FTT. On Sunday, Binance's CZ tweeted : "Liquidating our FTT is just post-exit risk management, learning from LUNA. "We gave support before, but we won't pretend to make love after divorce. We are not against anyone. But we won't support people who lobby against other industry players behind their backs. Onwards." Then in a brazenly cynical move on Wednesday, Binance CEO Changpeng 'CZ' Zhao tweeted that he was coming to not only rescue FTX but "to acquire it". This move came only three days after saying that Binance would dump their entire holdings in FTT, which caused a rout amongst FTX investors. Read more: What is Mastodon? The 'Twitter Killer' attracting hundreds of thousands after Musk's takeover On Tuesday Binance CEO CZ tweeted : "This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to fully acquire FTX.com and help cover the liquidity crunch. We will be conducting a full DD in the coming days." Then Binance's CZ rubbed salt in Bankman-Fried's wound and schooled him in how to run a crypto exchange. On Wednesday CZ tweeted : "Two big lessons: 1: Never use a token you created as collateral. 2: Don’t borrow if you run a crypto business. Don't use capital "efficiently". Have a large reserve. Binance has never used BNB for collateral, and we have never taken on debt." The young man at the centre of the current turmoil, Sam Bankman-Fried is no longer a billionaire after seeing $14.6bn of his fortune wiped out overnight. The FTX CEO has vanished from the Bloomberg Billionaires Index after his estimated personal wealth plummeted nearly 94% to $991.5 million in a single day. Speaking to Yahoo Finance about the recent turmoil Paulina Jóśków, Head of Business Development at Ramp , said: "Cases like this further emphasise the need for self-custody and infrastructure that is built to support decentralisation. The near collapse of FTX also highlights the urgency to hold centralised entities, like CEXes, accountable for any damage done in such instances. That’s because they’re failing to deliver under its promise to safeguard users' funds. In DeFi this problem is solved by the code, we have self-custody to make sure users aren’t vulnerable when those in charge are being reckless. “We’ve seen similar instances with Celcius and Three Arrows Capital, centralised, custodial approaches tend to grow faster, but have proven to be much less robust. Ultimately Ramp hopes for a future, where assets are self-custodied by using open-source, auditable technologies. The ethos of decentralisation is still at the core of crypto culture, recent events involving FTX, Celsius and Three Arrows Capital is exactly why we should protect it at all cost.” Amid all the drama, the blue chips at the top of the cryptocurrency market are bleeding, with bitcoin ( BTC-USD ) falling over 10% in value over the past seven days, to a subdued $18,305. Ethereum ( ETH-USD ) fell nearly 19% in the past week to a low of $1,281. Watch: What would Karl Marx think about crypto? – The Crypto Mile Episode 7... - Reddit Posts (Sample): [['u/timeholmes', 'List of providers who accept Crypto as payment', 115, '2022-12-08 01:43', 'https://www.reddit.com/r/usenet/comments/zfjo7i/list_of_providers_who_accept_crypto_as_payment/', 'A common question I have been seeing in this subreddit is "which providers accept cryptocurrency for payment?"\n\nI am creating a list of providers who have been verified to accept crypto. I am organizing the list by backbone. Since I am including a category of "Hybrid" provider, some providers will show up 2-3 times. I am certain I have missed a lot of providers, so please DM me any providers who have been verified to accept crypto. It would be helpful if you also include which coins they accept. I will try to keep this post updated as long as it remains unlocked.\n\nLast Update: Dec 9, 2022\n\n​\n___\n___\n\n**Omicron:**\n\n* Newsgroup.Ninja: Many options via Bitpay\n* Astraweb: Many options via Bitpay\n* Frugal Usenet: Thirteen different coins via direct payment [LIST](https://billing.frugalusenet.com/agreement/crypto)\n* Blocknews: Thirteen different coins via direct payment [LIST](https://blocknews.net/cryptos/)\n\n**UsenetExpress:**\n\n* theCubenet: Many options via Bitpay\n* NewsgroupDirect: Many options via Bitpay\n* UsenetExpress: Many options via Bitpay\n* Newsdemon: Many options via Bitpay\n* UsenetPrime: Many options via Bitpay\n\n**Hybrid Providers (access to more than one backbone):**\n\n* UsenetNews - UsenetExpress, Usenet.Farm, ViperNews: Thirteen different coins via direct payment [LIST](https://usenetnews.net/crypto.html)\n* NewsgroupDirect - UsenetExpress, Giganews, Usenet.Farm: Many options via Bitpay\n* UsenetPrime - UsenetExpress, Abavia: Many options via Bitpay\n* Frugal Usenet - Omicron, Usenet.Farm: Thirteen different coins via direct payment [LIST](https://billing.frugalusenet.com/agreement/crypto)\n\n**ViperNews:** \n\n* Vipernews: BTC and LTC\n* UsenetNews - UsenetExpress, Usenet.Farm, ViperNews: Thirteen different coins via direct payment [LIST](https://usenetnews.net/crypto.html)\n\n**Usenet.Farm:**\n\n* Usenet.Farm: BTC\n* NewsgroupDirect - UsenetExpress, Giganews, Usenet.Farm: Many options via Bitpay\n* UsenetNews - UsenetExpress, Usenet.Farm, ViperNews: Thirteen different coins via direct payment [LIST](https://usenetnews.net/crypto.html)\n\n**Giganews:**\n\n* NewsgroupDirect - UsenetExpress, Giganews, Usenet.Farm: Many options via Bitpay\n\n**Abavia:**\n\n* Hitnews: Many options via Bitpay\n* StingyUsenet: Accepts payment via Bitpay but you have to login to a bitpay account to see which coins\n* UsenetPrime - UsenetExpress, Abavia: Many options via Bitpay\n* Cheapnews: BTC\n\nEdit: I changed the Bitpay coins accepted from over 90 to "lots of options". When I initially started going through this, I just counted the options Bitpay shows when I try to pay. I counted roughly 90 options and stopped. So for now, "Lots of options" is more accurate.', 'https://www.reddit.com/r/usenet/comments/zfjo7i/list_of_providers_who_accept_crypto_as_payment/', 'zfjo7i', [['u/douhaoui', 13, '2022-12-08 13:59', 'https://www.reddit.com/r/usenet/comments/zfjo7i/list_of_providers_who_accept_crypto_as_payment/ize36yn/', 'Thank you for the great effort !', 'zfjo7i']]], ['u/RagingD3m0n', 'Pet Rocks and Magic Beans.', 27, '2022-12-08 03:35', 'https://www.reddit.com/r/CryptoCurrency/comments/zfmc7p/pet_rocks_and_magic_beans/', 'I\'ve been here studying for 8 years. I predate ethereum and almost marked it as a shitcoin (there were no altcoins then). I\'ve made a corporation in this space. My company is objectively doing fine (we planned for bear season).\n\nThis week I\'ve heard the entirety of the cryptocurrency space referred to as "Pet Rocks" and "Magic Beans". Im not a moon boy but we\'re close to the bottom, i heard this nonsense in 2017-18. \n\nBTC works in cycles. The "yield farming" nonsense is the same as the ICO boom. My point is to plan accordingly, that\'s all. Cramer saying "sell your crypto". Talk of magic beans and pet rocks. These are indicators of mainstream narratives I\'ve seen before.\n\nEdit: Also CZ is literally running a "bank" not an exchange, and aims to be a "Central Bank". Resist at every opportunity you get.', 'https://www.reddit.com/r/CryptoCurrency/comments/zfmc7p/pet_rocks_and_magic_beans/', 'zfmc7p', [['u/TurtlesBeSlow', 10, '2022-12-08 03:51', 'https://www.reddit.com/r/CryptoCurrency/comments/zfmc7p/pet_rocks_and_magic_beans/izclvmf/', "I'm not selling my beanie babies until Cramer tells me too.", 'zfmc7p']]], ['u/ir0nuckles', 'Who has enough BTC to wash trade?', 12, '2022-12-08 05:08', 'https://www.reddit.com/r/Buttcoin/comments/zfogie/who_has_enough_btc_to_wash_trade/', "Do we know who the biggest hodlers are? Does Saylor have enough to prop up BTC at $17k? I'm trying to understand how much assets you would need to have to wash trade, and what limits might exist where after a certain price point, wash traders won't be able to work their magic. Is there any known information about this, or is it all dark money?", 'https://www.reddit.com/r/Buttcoin/comments/zfogie/who_has_enough_btc_to_wash_trade/', 'zfogie', [['u/megalon43', 24, '2022-12-08 05:15', 'https://www.reddit.com/r/Buttcoin/comments/zfogie/who_has_enough_btc_to_wash_trade/izcw23e/', 'Binance, Coinbase, the exchanges. And they all can wash trade all they want.', 'zfogie'], ['u/synthpop', 12, '2022-12-08 05:15', 'https://www.reddit.com/r/Buttcoin/comments/zfogie/who_has_enough_btc_to_wash_trade/izcw4jj/', "you don't need BTC to wash trade you can use stablecoins like Tether and BUSD \nand those are magically created with a push of a button", 'zfogie'], ['u/odimachkie', 38, '2022-12-08 05:52', 'https://www.reddit.com/r/Buttcoin/comments/zfogie/who_has_enough_btc_to_wash_trade/izd08gf/', 'The point is to sell coin for dollars. Small pumps encourage inflow of cash to whales while the rest of the bag holder sit and do nothing. Large pumps would encourage bag holders to sell, eating into the new available liquidity. The manipulators know how to use their position to suck money out of bank accounts. DCA is like a SaaS for a money shredding service.', 'zfogie'], ['u/dyzo-blue', 12, '2022-12-08 05:52', 'https://www.reddit.com/r/Buttcoin/comments/zfogie/who_has_enough_btc_to_wash_trade/izd09lo/', 'Well, on exchanges, both the volume and prices can be made up.\n\nOn the actual chain, we can see real volume, but not prices.\n\nThis presents a lot of opportunities for fuckery.', 'zfogie'], ['u/Bad_Finance_Advisor', 14, '2022-12-08 06:32', 'https://www.reddit.com/r/Buttcoin/comments/zfogie/who_has_enough_btc_to_wash_trade/izd4794/', 'If they jack up the prices too high, bagholders will rush to exit their positions, worsening the liquidity crunch, and draining even more fiat from the crypto ecosystem... Hence, their only option is to crash the market slowly while butters DCA into a bunch of worthless tokens.', 'zfogie']]], ['u/1982throwaway1', 'Grindbux.com | Get Paid to Answer Surveys, Complete Offers, Play games and Watch Videos', 53, '2022-12-08 05:42', 'https://www.reddit.com/r/beermoney/comments/zfp76p/grindbuxcom_get_paid_to_answer_surveys_complete/', 'Hey r/Beermoney!\nJust wanted to let you know about one of the newest GPT sites on the block! \n\nThey offer users rewards such as cryptocurrency, gift cards, and in-game items for completing simple tasks. Featuring some of the biggest offerwalls available and most of their withdrawal options can be used in any country in the world! \n\nFeatures of the website include: \n24/7 active staff, to give support and process withdrawals within minutes, not hours or days! Free daily bonus that increases based on level - the more you earn, the higher your daily bonus, up to a free 10 cents a day! A low minimum withdrawal, starting at $0.25 (USD) \n1000 diamonds = $1 \n\nWithdrawal options include: Litecoin, Solana, Bitcoin Cash, Amazon gift cards, Discord Nitro, Steam gift cards, Roblox gift cards. \nThe site owner said in chat that Paypal and Visa are coming soon! \nFor now, there are multiple guides online of how to exchange between Cryptocurrency and Paypal.\n\nSign up today at https://grindbux.com/ref/69420 (non ref https://grindbux.com/)\n\nIf you have any questions feel free to open a ticket on-site, or reply to this post.', 'https://www.reddit.com/r/beermoney/comments/zfp76p/grindbuxcom_get_paid_to_answer_surveys_complete/', 'zfp76p', [['u/godfish008', 22, '2022-12-08 23:20', 'https://www.reddit.com/r/beermoney/comments/zfp76p/grindbuxcom_get_paid_to_answer_surveys_complete/izgd2hs/', 'Offers or Surveys that pay over 4000 Diamonds ($4) are put on hold for 30 days automatically.\n\nThis basically killed it.', 'zfp76p']]], ['u/AutoModerator', '[Daily Discussion] - Thursday, December 08, 2022', 36, '2022-12-08 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/zfpkm7/daily_discussion_thursday_december_08_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/zfpkm7/daily_discussion_thursday_december_08_2022/', 'zfpkm7', [['u/thewardser', 11, '2022-12-08 06:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/zfpkm7/daily_discussion_thursday_december_08_2022/izd4w85/', 'I sure do\n\nsince you love comments so much, how about this one from you, saying you live on $3K a month: https://www.reddit.com/r/digita... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening:\nPrices:Bitcoin\'s late surge sends it above $17K again.\nInsights:Tokocrypto would not confirm reports that Binance is acquiring the Indonesia exchange. In the interim, Tokocrypto token holders are seeing the token price rise.\nCoinDesk Market Index (CMI)\n870.77\n+18.6▲2.2%\nBitcoin (BTC)\n$17,232\n+394.2▲2.3%\nEthereum (ETH)\n$1,280\n+49.2▲4.0%\nS&P 500 daily close\n3,963.51\n+29.6▲0.8%\nGold\n$1,801\n+15.5▲0.9%\nTreasury Yield 10 Years\n3.49%\n▲0.1\nBTC/ETH prices perCoinDesk Indices; gold is COMEX spot price. Prices as of about 4 p.m. ET\nBitcoin Returns Above $17K After Late Surge\nBy James Rubin\nBitcoin ignored concerns about inflation, a cratering economy and the latest crypto woes, rising 2.3% over the previous 24 hours after a late Thursday surge.\nThe largest cryptocurrency by market capitalization was recently trading above $17,230, its highest point since early Monday.\nBTC subsequently struggled to clear the $17,000 support it has held for much of the previous 10 days as fearful investors returned to risk averse crouches. Crypto markets have been fearful of events within the industry and beyond that might send prices tumbling to lower levels.\n"It\'s going to be a a bit slower growth pattern," JJ Kinahan, CEO of online trading firm IG North America, told CoinDesk TV\'s "First Mover" program, although he added that he sensed "new money wanting to get into the market," saying that investors were "over" a "crisis of confidence."\nKinahan added that for the remainder of the year he will be watching if investors return to crypto or "if people say, \'hey, I\'m gonna regroup, wait til 2023 and reinvest at that time,\' which is a behavior pattern we often see in other asset classes."\nEther was recently changing hands at just below its most recent $1,300 support, a more than 4.5% gain from Wednesday, same time. The second-largest crypto in market value rose after Ethereum developers determined that the network’s nexthard fork, called “Shanghai,” will have a target release time frame of March 2023. The March fork and a second one in the fall will givedevelopers time to focus on technical issuesand alleviate stress for individuals who have their ETH (and any accrued rewards) locked in the Beacon Chain staking smart contract.\nCrypto news has been anything but straightforward this year, though. Earlier in the day, CoinDesk analyst Omkar Godbolewrotethat an ETH bear market was likely to intensify after dipping below pivotal support. ETH fell 17% last month, breaching an ascending trend line connecting June and October lows. Later Thursday, CoinDesk alsoreportedthat shares of the world’s largest bitcoin fund, Grayscale Bitcoin Trust (GBTC), hit a record-high discount rate of nearly 50% relative to the price of bitcoin.\n“The fact that Grayscale’s Bitcoin Trust is now trading at nearly 50% discount is just awful for holders of GBTC. It really highlights the vast differences in structure quality between different investment vehicles,” Bradley Duke, co-CEO at ETC Group, said in a note to CoinDesk.\nGrayscale and CoinDesk are both subsidiaries of Digital Currency Group.\nMost other major cryptos were recently in the green with MATIC, the token of layer 2 platform Polygon, up about 3.3% and popular meme coin DOGE climbing almost 3%. TheCoinDesk Market Index(CDI), an index measuring cryptos\' performance, jumped more than 2%.\nMajor equity indexes snapped a five-day losing streak with the tech heavy Nasdaq and S&P 500 increasing 1.1% and 0.8%, respectively despite recent macroeconomic uncertainties. On Friday, investors will be eyeing the University of Michigan\'s widely watched consumer sentiment index, which is expected to tick up a few fractions of a percentage point in its preliminary December reading compared to the previous month.\nIG North America\'s Kinahan sees cryptos\' recent sideways movement as a victory. "If you get through the end of the year going sideways, I would look at that more as building momentum," he said. "If you\'re long right now, you\'re saying to yourself, \'can we just stay in 1% to 3% of the levels we\'re at right now because that\'s building a base that will be longer-term confidence.\'"\n[{"Asset": "Terra", "Ticker": "LUNA", "Returns": "+5.5%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Ethereum", "Ticker": "ETH", "Returns": "+3.9%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Polygon", "Ticker": "MATIC", "Returns": "+3.5%", "DACS Sector": "Smart Contract Platform"}]\nThere are no losers in CoinDesk 20 today.\nTokocrypto Token Holders See an Upswing\nBy Glenn Ardi\nMedia reports from Indonesiasay that Binance is in the process of acquiring Tokocrypto, one of the country’s largest crypto exchanges – except this deal hasn’t yet been completed.\nIt\'s far from official. Despite the narrative that says otherwise, there’s no signed acquisition agreement.\nWhen asked by CoinDesk Indonesia about the acquisition process, Rieka Handayani, Tokocrypto’s vice president of corporate communications, said the exchange doesn’t comment on “rumors and speculation that are circulating.”\n“Binance is one of Tokocrypto\'s investors who have joined since 2020 to jointly develop the company and help build the crypto asset industry in Indonesia,” Handayani said in a statement to CoinDesk Indonesia. “Tokocrypto\'s focus is on building a sustainable business and actively continuing the development of the crypto asset industry, which has grown significantly."\nThere’s been one beneficiary of this preemptive announcement: token holders.According to CoinGecko data, Tokocrypto’s exchange token, TKO, jumped 97% after the first story was published, and is up 50% over the last week.\nTKO’s trading volume has jumped from around $3 million pre-story to around $67 million as of Dec. 8.\nBinance acquiring Tokocrypto would make a lot of sense. Indonesia has 16.3 million crypto users registered with its national know-your-customer system, and a population of 280.7 million. As of August 2020,the country reportedlyhas more crypto investors than stock market traders.\nMeanwhile, Tokocrypto has had a rough crypto winter. In the past month, the exchange has laid off 20% of its employees and has begun separating out its business units, such as T-Hub (a crypto lounge community in Bali) and TokoMall (a non-fungible token marketplace), into separate entities and will likely spin them off to raise cash.\nA Binance acquisition would be the perfect opportunity for the struggling exchange. It’s not that the deal will never happen; it’s just not official. Yet. But somebody has already made a tidy profit on the rumor.\nGlenn Ardi isCoinDesk Indonesia\'smanaging director.\n9:30 a.m. HKT/SGT(1:30 UTC)China Consumer Price Index (YoY/Nov)\n9:30 p.m. HKT/SGT(13:30 UTC)United States Producer Price Index ex Food & Energy (YoY/Nov)\n11:00 p.m. HKT/SGT(15:00 UTC)Michigan Consumer Sentiment Index (Dec)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nSenate Committee to Subpoena Sam Bankman-Fried if He Does Not Testify Voluntarily; Bitcoin Trades Flat\nThe U.S. Senate Banking Committee wants Sam Bankman-Fried to appear before it next week to discuss the collapse of FTX, and will subpoena him if he does not appear voluntarily. CoinDesk\'s Nikhilesh De had the latest. Plus, Carole House, former White House director of cybersecurity and secure digital innovation at the National Security Council, weighed in on the FTX case. Also JJ Kinahan, CEO of online trading firm IG North America, and Electric Coin Company founder and CEO Zooko Wilcox joined "First Mover."\nEthereum Developers Target March 2023 for Release of Staked Ether:Staked ETH withdrawals are coming in the spring, while "proto-danksharding" will follow in the subsequent hard fork in the fall.\nGrayscale Bitcoin Trust Discount Widens to Record High Near 50%:The shares have not traded at a premium to bitcoin since March 2021.\nPayPal Expands Crypto Service Into Luxembourg in First EU Foray:The move follows the initial rollout of the crypto service in the U.S. in 2020, followed by an expansion to the U.K. last year.\nSome Central Banks Reportedly Looking to Issue a CBDC Within 10 Years:Generally, 35% of central banks were more inclined to issue a CBDC despite recent events in crypto, the Official Monetary and Financial Institutions Forum said in a report surveying 18 entities.\nFTX Bankruptcy Managers Hire Forensic Investigators AlixPartners, WSJ:The team, led by former SEC accountant Matt Jacques, is tasked with tracking the billions of dollars missing from FTX.', 'Good morning. Here’s what’s happening: Prices: Bitcoin\'s late surge sends it above $17K again. Insights: Tokocrypto would not confirm reports that Binance is acquiring the Indonesia exchange. In the interim, Tokocrypto token holders are seeing the token price rise. Prices CoinDesk Market Index (CMI) 870.77 +18.6 ▲ 2.2% Bitcoin (BTC) $17,232 +394.2 ▲ 2.3% Ethereum (ETH) $1,280 +49.2 ▲ 4.0% S&P 500 daily close 3,963.51 +29.6 ▲ 0.8% Gold $1,801 +15.5 ▲ 0.9% Treasury Yield 10 Years 3.49% ▲ 0.1 BTC/ETH prices per CoinDesk Indices ; gold is COMEX spot price. Prices as of about 4 p.m. ET Bitcoin Returns Above $17K After Late Surge By James Rubin Bitcoin ignored concerns about inflation, a cratering economy and the latest crypto woes, rising 2.3% over the previous 24 hours after a late Thursday surge. The largest cryptocurrency by market capitalization was recently trading above $17,230, its highest point since early Monday. BTC subsequently struggled to clear the $17,000 support it has held for much of the previous 10 days as fearful investors returned to risk averse crouches. Crypto markets have been fearful of events within the industry and beyond that might send prices tumbling to lower levels. "It\'s going to be a a bit slower growth pattern," JJ Kinahan, CEO of online trading firm IG North America, told CoinDesk TV\'s "First Mover" **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-12-09 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $330,181,802,912 - Hash Rate: 258748833.5821692 - Transaction Count: 265668.0 - Unique Addresses: 662365.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.26 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: It’s a big week for stock investors, with several top U.S. companies reporting their third-quarter earnings. Most experts expect earnings to be poor, with the trends seen earlier in the year projected to continue into the third and fourth quarters. Nevertheless, there are multiple stocks to watch that could potentially deliver an earnings smasher. Company earnings drive stock prices. Firms can reinvest profits and potentially return earnings to stockholders as dividends. Moreover, some of the most powerful companies may also report a drop in quarterly profits, but sustained earnings growth typically correlates to higher stock prices over time. However, for the stock market, guidance is what will move prices. The equity market is forward-looking, and companies that report financials in line with expectations may not see their stock move much. Considering that, the seven stocks discussed in the article will likely outperform and deliver earnings well ahead of consensus estimates. InvestorPlace - Stock Market News, Stock Advice & Trading Tips [{"MA": "TTE", "Mastercard": "TotalEnergies", "$311.41": "$52.77"}, {"MA": "CAT", "Mastercard": "Caterpillar", "$311.41": "$194.84"}, {"MA": "PXD", "Mastercard": "Pioneer Natural Resources", "$311.41": "$264.83"}, {"MA": "EQNR", "Mastercard": "Equinor", "$311.41": "$34.15"}, {"MA": "KLAC", "Mastercard": "KNA Corporation", "$311.41": "$304.87"}, {"MA": "SU", "Mastercard": "Suncor Energy", "$311.41": "$33.44"}] Source: David Cardinez / Shutterstock.com • Consensus EPS forecast: $2.57 • Last Years EPS: $2.37 Mastercard(NYSE:MA) is one of the most reputable names in the global payments sector, offering various payment solutions under its popular brands. Over the years, it has evolved into more than a payments processor, dabbling into value-added services which often complement its payment network offerings. Hence, it continues to benefit from networking effects and its massive scale. With a steep drop in travel demand during the pandemic, Mastercard saw a massive drop in its top and bottom-line results. However, in the past year, it has picked up the pace and continues to post strong resultson the back of robust consumer spending. Its second-quarter earnings saw a healthy 58% bump in cross-border transactions, with its adjusted EPS of $2.56 beating estimates by a comfortable margin. Analysts expect another blow-out performance in the third quarter, which bodes well for MA stock investors. Source: zhengzaishuru / Shutterstock.com • Consensus EPS forecast: $3.91 • Last Years EPS: $1.76 TotalEnergies(NYSE:TTE) is an oil and gas giant with an impeccable track record of growing its top and bottom-line results. It has benefitted along with its peers due to higher oil prices in the year’s first half, posting record cash flow numbers. It generated sizeable freecash flows of $20 billion during the first half, with $10.8 billion in the second quarter alone. Third-quarter results are expected to soften versus the second quarter, but it should still produce sizeable free cash flows. Furthermore, the firm has done a remarkable job of developing top-shelf oil-producing assets. Its investment criterion for new assets is to be profitable under $30 per barrel after taxes. With oil prices expected to normalize in the future, such an investment criterion bodes remarkably well for the company’s long-term profitability. Thus, it is one of the stocks to watch for more gains. Source: Shutterstock • Consensus EPS forecast: $3.21 • Last Years EPS: $2.66 Caterpillar(NYSE:CAT) is one of the biggest names in machinery, best known for its ubiquitous construction equipment. Its sales mix has evolved over the years, including large resource industries and energy and transportation equipment businesses. Moreover, in reducing the cyclicality of its business, it has invested heavily in its services and aftermarkets segment, which coulddouble in sales to $28 billion by 2026. A myriad of headwinds has weighed down CAT’s results of late. Some headwinds include slowing growth in China, a weak U.S. construction market, and foreign exchange pressures. However, its diverse sales mix has helped it navigate current headwinds. It expects to post an incredible operating profit margin in the year’s second half, with higher sales volumes and price realization. Also, CAT has done a great job of offsetting costs with increased pricing, a theme that should continue into the third quarter. Source: rafapress / Shutterstock • Consensus EPS forecast: $7.65 • Last Years EPS: $4.13 Pioneer Natural Resources(NYSE:PXD) is an integrated oil and gas player with substantial acreage in the Permian Basin, one of the world’s largest hydrocarbon-producing basins. It is among the lowest-cost producers in the Basin, enabling it to produce a gusher of cash flows in recent quarters, fueled by higher oil prices. PXD’s second quarter results have shown a 68% increase in output from the prior-year period, near the top-end of its guidance. Consequently, the excess cash flows were returned to stockholders, with a trailing dividend yield of over 9.5%.It announced $1.51 per sharein its inaugural variable dividend, roughly three times its regular quarterly payout. As we advance, the firm is expected to continue raising dividend payouts for the foreseeable future. This makes PXD a stock to watch for those seeking more dividends. Source: II.studio / Shutterstock.com • Consensus EPS forecast: $1.78 • Last Years EPS:$0.85 Headquartered in Norway,Equinor(NYSE:EQNR) is the leading integrated energy company globally, with operations across 30 countries. It’s the second-largest natural gas supplier in Europe and the leading seller of crude oil in the region. Elevated prices have been boon for Equinor currently, with its revenue growthat over 128% on a year-over-year basis. Moreover, its EBITDA has grown over 249% in the past 12 months, with its profitability metrics soaring due to higher prices. Moreover, with the EU looking to replace gas from Russia, Equinor is set to benefit immensely from the massive growth in demand. Therefore, EQNR stock remains one of the best stocks to watch over the long term, which is reflected in its strong consensus estimates for the third quarter. Source: Valeriya Zankovych / Shutterstock.com • Consensus EPS forecast: $6.23 • Last Years EPS: $4.64 KLA Corporation(NASDAQ:KLAC) is a market leader in thesemiconductor sector’s process diagnostic and control (PDC) segment. It owns a 50% share in the PDC market with more than 48,000 tools, establishing its leadership position in the space. Recent results illustrate the importance of its tools to its growing list of clients. Despite multiple headwinds, it saw healthy growth in revenues and earnings in its second quarter. It expects another spectacular showing in its upcoming quarterly results,  demonstrating sustainable performance and highlighting the critical nature of its services in being an enabler of digital transformation. Moreover, it plans to grow sales at anaverage of 9% to 11% annuallythrough 2026 and plans to return roughly 85% of its free cash flows to shareholders. Thus, it is one of the top stocks to watch. Source: Piotr Swat / Shutterstock.com • Consensus EPS forecast: $1.40 • Last Years EPS: $0.56 Suncor Energy(NYSE:SU) is a high-yielding Canadian oil extraction company that produces synthetic crude oil from Canada’s oil-sands fields. It offers a superb 4.6% dividend yield and is remarkably undervalued compared to its peers. Moreover, it boasts an industry-leading margin profile with over an 18% levered free cash flow margin. Suncor beat sales targetsby a whopping $2.4 billionin the second quarter, with analysts and Suncor increasing earnings guidance for the year by more than 200%. The company benefits from the resurgence in fuel prices, which should keep most of its gains beyond 2022. Perhaps it is a no-brainer investment in its niche because it trades at just 1.1 times forward sales, roughly 39% lower than its 5-year average. I believe that makes SU one of the stocks to watch for a stellar earnings smasher. 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. Muslim Farooque is a keen investor and an optimist at heart. A life-long gamer and tech enthusiast, he has a particular affinity for analyzing technology stocks. Muslim holds a bachelor’s of science degree in applied accounting from Oxford Brookes University. • Buy This $5 Stock BEFORE This Apple Project Goes Live • The Best $1 Investment You Can Make Today • Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” • It doesn’t matter if you have $500 or $5 million. Do this now. The post7 Stocks Set for a Stellar Earnings Smasherappeared first onInvestorPlace.... - Reddit Posts (Sample): [['u/AutoModerator', '[Daily Discussion] - Friday, December 09, 2022', 30, '2022-12-09 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/zgnfy1/daily_discussion_friday_december_09_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/zgnfy1/daily_discussion_friday_december_09_2022/', 'zgnfy1', [['u/Westbrook_Level', 15, '2022-12-09 09:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/zgnfy1/daily_discussion_friday_december_09_2022/izi8p1y/', '> but this just says to me there are more shoes left to drop before BTC can recover\n\n\nIsn’t this just another example of someone selling the bottom? Every person that sells feels there is further to fall. That’s why they do it. You sat in SI for a -85% drop ytd and now expect more fall.', 'zgnfy1'], ['u/DamonAndTheSea', 11, '2022-12-09 13:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/zgnfy1/daily_discussion_friday_december_09_2022/izisz31/', 'This would match bear thesis of an earnings based recession which pitches markets down to new lows in the summer. I also think it’s possible/probable money hose gets turned back sometime in 2023. \n\nBig unknown is if Bitcoin follows tradfi into the dark after getting beat up so mercilessly in 2022.', 'zgnfy1'], ['u/hajjidamus', 12, '2022-12-09 14:35', 'https://www.reddit.com/r/BitcoinMarkets/comments/zgnfy1/daily_discussion_friday_december_09_2022/iziz3yi/', 'Mi thinks back to 22k by new year. 2.5x @17050.\nSource: H. Damus (2022). My feels. Bunghole Publishing House. Omaha, NE.', 'zgnfy1'], ['u/xtal_00', 19, '2022-12-09 15:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/zgnfy1/daily_discussion_friday_december_09_2022/izj316g/', 'It wasn’t even technically a Bart.\n\n17k retest or 16800, sure.\n\nIf I was you I’d at least entertain the hypothesis we’re approaching an inflection point.', 'zgnfy1'], ['u/GenghisKhanSpermShot', 14, '2022-12-09 16:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/zgnfy1/daily_discussion_friday_december_09_2022/izjbyr5/', "Generational buying opportunity today for GBTC (and bitcoin miners, BTC etc), not even joking. THink this is a fake breakdown of [the giant channel](https://www.tradingview.com/x/yLSuhoYl/). At $8.22 and should get into the $100's. Think BTC is [about to breakout of the big wedge](https://www.tradingview.com/x/ziSgsZs6/). [GBTC at the golden fib retrace](https://www.tradingview.com/x/vjIW0oHQ/), I think today is THE pullback. I'm used to the mocking at these times but just letting anyone with an open mind know that this area is an amazing buy.\n\nPossible we can wick a little lower, lot of news going on. Not confirmed until we breakout, but it's [coming to a head](https://www.tradingview.com/x/X9vMRqdf/).", 'zgnfy1'], ['u/Euphoricsoul', 11, '2022-12-09 20:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/zgnfy1/daily_discussion_friday_december_09_2022/izkbq29/', "No, it's *preparing* to go up or down.", 'zgnfy1'], ['u/Downtown-Ad-4117', 18, '2022-12-09 20:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/zgnfy1/daily_discussion_friday_december_09_2022/izkhgca/', 'Never go full retard.', 'zgnfy1'], ['u/_supert_', 16, '2022-12-09 22:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/zgnfy1/daily_discussion_friday_december_09_2022/izky90i/', 'Just a reminder that we are now in a bull market.', 'zgnfy1'], ['u/Euphoricsoul', 10, '2022-12-09 22:33', 'https://www.reddit.com/r/BitcoinMarkets/comments/zgnfy1/daily_discussion_friday_december_09_2022/izkyt92/', 'If by Bull you mean Bullshit, then I agree wholeheartedly. /s', 'zgnfy1'], ['u/BlankEris', 31, '2022-12-09 23:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/zgnfy1/daily_discussion_friday_december_09_2022/izl9e3n/', 'Is this "bull market" in the room with us, right now?', 'zgnfy1']]], ['u/rBitcoinMod', 'Daily Discussion, December 09, 2022', 18, '2022-12-09 06:01', 'https://www.reddit.com/r/Bitcoin/comments/zgnhca/daily_discussion_december_09_2022/', "Please utilize this sticky thread for all general **Bitcoin** discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!\n\nIf you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.\n\n[Join us in the r/Bitcoin Chatroom!](https://discord.gg/K5H25KZHke)\n\nPlease check the [previous discussion thread](https://www.reddit.com/r/Bitcoin/comments/zfqsx1/lightning_thursday_december_08_2022_explore_the/) for unanswered questions.", 'https://www.reddit.com/r/Bitcoin/comments/zgnhca/daily_discussion_december_09_2022/', 'zgnhca', [['u/Asum_chum', 10, '2022-12-09 08:49', 'https://www.reddit.com/r/Bitcoin/comments/zgnhca/daily_discussion_december_09_2022/izi71as/', 'U.K. government (also the EU) are deregulating banks to a level not seen since before they couldn’t control their greed and almost collapsed the world economy in 2008. There has never been a better time to opt out of their games and own bitcoin.', 'zgnhca'], ['u/HDmac', 13, '2022-12-09 10:23', 'https://www.reddit.com/r/Bitcoin/comments/zgnhca/daily_discussion_december_09_2022/izidmm1/', "Mention of Bitcoin on other subs results in immediate downvote and Fud. We're still early.", 'zgnhca'], ['u/andyszal', 15, '2022-12-09 15:17', 'https://www.reddit.com/r/Bitcoin/comments/zgnhca/daily_discussion_december_09_2022/izj4iv8/', 'I think this will be the last cycle that your average person will realistically be able to afford a full coin. It’s still pretty difficult for the average person to find a spare $17,000 over the course of 2 years but it can be done. I’m thinking by the time the next halving happens that it will slowly become out of reach. Stack accordingly 🫡', 'zgnhca'], ['u/Hakysac576', 15, '2022-12-09 16:11', 'https://www.reddit.com/r/Bitcoin/comments/zgnhca/daily_discussion_december_09_2022/izjbyt8/', 'Been a tough couple of months with no extra income. But I’ve been saving and bought $200 worth of Bitcoin this morning. Feels good. Little by little I’ll get there. Happy Friday everyone and HAIL BTC', 'zgnhca']]], ['u/JJasonnpan', 'We are the proponents of bitcoin', 44, '2022-12-09 06:47', 'https://www.reddit.com/r/Bitcoin/comments/zgocmt/we_are_the_proponents_of_bitcoin/', 'The fact that bitcoin was developed for p2p transactions but die to limitations of block speed and size the main layer is now mostly being used as a settlement layer. \n\nI like everyone else hopefully in here want to see bitcoin used in the real world, such as paying at a restaurant or cafe. So let\'s make a pledge that next time you are in any business where you can buy goods and services, before you pay you ask "Do you accept bitcoin?". I believe just these four words are powerful enough that if enough people with motivation for bitcoin adoption would do it, the businesses will think about having the option of paying in bitcoin as we are the customers and businesses are serving us.\n\nThis simple action of asking ahead before paying is actionable and doesn\'t cost a cent to us but it greatly increases the awareness and adoption.\n\nSo let\'s help eachother create the world we dream of living one day with 4 words at a time.', 'https://www.reddit.com/r/Bitcoin/comments/zgocmt/we_are_the_proponents_of_bitcoin/', 'zgocmt', [['u/SavageKabage', 13, '2022-12-09 07:04', 'https://www.reddit.com/r/Bitcoin/comments/zgocmt/we_are_the_proponents_of_bitcoin/izhykqm/', 'Thoughts can go viral, I pledge to do this!', 'zgocmt'], ['u/castorfromtheva', 11, '2022-12-09 08:09', 'https://www.reddit.com/r/Bitcoin/comments/zgocmt/we_are_the_proponents_of_bitcoin/izi41t9/', "Doing it for years. Also: Look into Lightning. It's the actual payment layer set upon bitcoin.\n\nIf you want to see it in real life, download muun wallet. Then generate an invoice for 1000 sats and post it here. I'll fund it so that you can play around with it.", 'zgocmt'], ['u/CallingVoid', 35, '2022-12-09 08:38', 'https://www.reddit.com/r/Bitcoin/comments/zgocmt/we_are_the_proponents_of_bitcoin/izi66dd/', "Hey, you may not be aware but we had this debate in 2017 and it turned out that the way bitcoin does it is best. Bitcoin L1 should be the settlement layer. And we will build on top of it.\n\nThe limitation of block size and block time are **100% intentional**. It wasn't some arbitrary limit of technology in 2009. Blocksize was limited so as to ensure the blockchain remained decentralised and that nodes were accessible to the average user. Blocktime is 10mins for the same reason, and to allow time for blocks to propagate through the network, reducing the risk of orphaned blocks etc.\n\nEvery one of these limitations has been removed or altered in some shitcoin or another and has failed. The big block forks are an objective disaster, the fast block forks are an objective disaster. Bitcoin still remains strong.\n\nBut yes, most businesses I frequent I try to educate about bitcoin and lightning network.", 'zgocmt']]], ['u/a10lber', 'Bitcoin Won', 208, '2022-12-09 07:47', 'https://www.reddit.com/r/Bitcoin/comments/zgphcd/bitcoin_won/', "It turns out forcing people to participate in Bitcoin through lntipbot is a REALLY powerful way to get people involved in using the network.\n\nThere are millions in this subreddit, bot or ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['This week in coins. Illustration by Mitchell Preffer for Decrypt. This week’s crypto market was another mixed bag as the industry continues to navigate the continued contagion from the FTX collapse. Bitcoin and Ethereum again closed the week basically flat, which might be considered a win considering the losses some of the other top coins experience. As of Saturday morning, Bitcoin (BTC) was up less than 1% over the past seven days, and Ethereum (ETH) was down 1.5%. Most of the top 50 coins by market cap were in the red for the past week or, if in the green, up less than 2%. BTC fluctuated between roughly $17,300 and as low as $16,700, while Ethereum jumped between $1,300 and $1,225 as bears and bulls fought for control. But a rare winner over the past seven days was Axie Infinity’s native AXS token. The token rose by a whopping 21% since last weekend and is now trading hands at roughly $8.50, per CoinGecko . The AXS token is used in the popular play-to-earn crypto game, where users battle Pokémon-like creatures. AXS is the project’s governance token, allowing holders to vote on things like how the project’s treasury should be allocated, or proposed new features in the game. The game uses another token called the Smooth Love Potion (SLP), which is used as a reward for users for winning duels. This week’s spike follows the launch of the project’s Axie Contributors initiative. Roughly 700 “committed” members of the community will earn formal roles within the game’s governance model as part of Axie’s push for more informed discussions about how the game should operate. After AXS, the native token powering the self-custody crypto wallet Trust Wallet is also on a rally. TWT has risen roughly 6% over the past seven days, nearly hitting $3, per CoinGecko. Like Axie Infinity’s token, Trust Wallet is a governance token used to vote on new development for the Binance-owned wallet . Tokens for the decentralized exchange aggregator 1inch (1INCH), Chainlink (LINK), and Flow (FLOW), all round out this week’s biggest losers. Story continues FTX contagion continues The collapse of Sam Bankman-Fried’s crypto empire last month is still causing damage in the industry, with several firms announcing more layoffs this week in the wake of FTX\'s bankruptcy. Bybit, Swytfx , and Koinly all announced a cut in their workforce, citing both contagion from the collapse of FTX and the ongoing bear market. Besides layoffs, Maple Finance, a platform that lets firms spin up a lending facility using smart contracts, was also hit with knock-on effects. The platform announced this week that it would be cutting all ties with Orthogonal Trading after the latter “misrepresented” its exposure to FTX, leading it to default on its loans. M11 Credit, the firm that created the lending facility on Maple from which Orthogonal borrowed, said, "we believe that Orthogonal Trading previously purposefully misstated their exposure and has therefore committed a serious breach of the Master Loan Agreement (MLA)." It wasn’t just M11 and Maple that got burned. Crypto insurance protocol Nexus Mutual, another borrower from the same M11 pool, also revealed losses of roughly $3 million in Ethereum due to Orthogonal’s default. As for SBF, it looks like he’s finally heading back to Washington D.C. to testify before the House Financial Services Committee. After a public back and forth on Twitter with the Committee’s Chairwoman Maxine Waters, the former CEO of FTX said that he would be “willing to testify” despite “a limit” to what he can say due to not having “access to much of [his] data—professional or personal.” The meeting is slated for December 13 and will seek to unpack how the exchange collapsed last month. The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.', 'This week’s crypto market was another mixed bag as the industry continues to navigate the continued contagion from the FTX collapse.\nBitcoin and Ethereum again closed the week basically flat, which might be considered a win considering the losses some of the other top coins experience. As of Saturday morning, Bitcoin (BTC) was up less than 1% over the past seven days, and Ethereum (ETH) was down 1.5%. Most of the top 50 coins by market cap were in the red for the past week or, if in the green, up less than 2%.\nBTC fluctuated between roughly $17,300 and as low as $16,700, while Ethereum jumped between $1,300 and $1,225 as bears and bulls fought for control.\nBut a rare winner over the past seven days was Axie Infinity’s native AXS token. The token rose by a whopping 21% since last weekend and is now trading hands at roughly $8.50, perCoinGecko.\nThe AXS token is used in the popular play-to-earn crypto game, where users battle Pokémon-like creatures.\nAXS is the project’s governance token, allowing holders to vote on things like how the project’s treasury should be allocated, or proposed new features in the game. The game uses another token called the Smooth Love Potion (SLP), which is used as a reward for users for winning duels.\nThis week’s spike follows thelaunchof the project’s Axie Contributors initiative. Roughly 700 “committed” members of the community will earn formal roles within the game’s governance model as part of Axie’s push for more informed discussions about how the game should operate.\nAfter AXS, the native token powering the self-custody crypto wallet Trust Wallet is also on a rally. TWT has risen roughly 6% over the past seven days, nearly hitting $3, per CoinGecko. Like Axie Infinity’s token, Trust Wallet is a governance token used to vote on new development for theBinance-owned wallet.\nTokens for the decentralized exchange aggregator 1inch (1INCH), Chainlink (LINK), and Flow (FLOW), all round out this week’s biggest losers.\nThe collapse of Sam Bankman-Fried’s crypto empire last month is still causing damage in the industry, with several firms announcing more layoffs this week in the wake of FTX\'s bankruptcy.\nBybit, Swytfx, andKoinlyall announced a cut in their workforce, citing both contagion from the collapse of FTX and the ongoing bear market.\nBesides layoffs, Maple Finance, a platform that lets firms spin up a lending facility using smart contracts, was also hit with knock-on effects. The platformannouncedthis week that it would be cutting all ties with Orthogonal Trading after the latter “misrepresented” its exposure to FTX, leading it to default on its loans.\nM11 Credit, the firm that created the lending facility on Maple from which Orthogonal borrowed, said, "we believe that Orthogonal Trading previously purposefully misstated their exposure and has therefore committed a serious breach of the Master Loan Agreement (MLA)."\nIt wasn’t just M11 and Maple that got burned. Crypto insurance protocol Nexus Mutual, another borrower from the same M11 pool, alsorevealedlosses of roughly $3 million in Ethereum due to Orthogonal’s default.\nAs for SBF, it looks likehe’sfinally heading backto Washington D.C. to testify before the House Financial Services Committee.\nAfter a public back and forth on Twitter with the Committee’s Chairwoman Maxine Waters, the former CEO of FTX said that he would be “willing to testify” despite “a limit” to what he can say due to not having “access to much of [his] data—professional or personal.”\nThe meeting is slated for December 13 and will seek to unpack how the exchange collapsed last month.\nThe views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.', 'This week’s crypto market was another mixed bag as the industry continues to navigate the continued contagion from the FTX collapse.\nBitcoin and Ethereum again closed the week basically flat, which might be considered a win considering the losses some of the other top coins experience. As of Saturday morning, Bitcoin (BTC) was up less than 1% over the past seven days, and Ethereum (ETH) was down 1.5%. Most of the top 50 coins by market cap were in the red for the past week or, if in the green, up less than 2%.\nBTC fluctuated between roughly $17,300 and as low as $16,700, while Ethereum jumped between $1,300 and $1,225 as bears and bulls fought for control.\nBut a rare winner over the past seven days was Axie Infinity’s native AXS token. The token rose by a whopping 21% since last weekend and is now trading hands at roughly $8.50, perCoinGecko.\nThe AXS token is used in the popular play-to-earn crypto game, where users battle Pokémon-like creatures.\nAXS is the project’s governance token, allowing holders to vote on things like how the project’s treasury should be allocated, or proposed new features in the game. The game uses another token called the Smooth Love Potion (SLP), which is used as a reward for users for winning duels.\nThis week’s spike follows thelaunchof the project’s Axie Contributors initiative. Roughly 700 “committed” members of the community will earn formal roles within the game’s governance model as part of Axie’s push for more informed discussions about how the game should operate.\nAfter AXS, the native token powering the self-custody crypto wallet Trust Wallet is also on a rally. TWT has risen roughly 6% over the past seven days, nearly hitting $3, per CoinGecko. Like Axie Infinity’s token, Trust Wallet is a governance token used to vote on new development for theBinance-owned wallet.\nTokens for the decentralized exchange aggregator 1inch (1INCH), Chainlink (LINK), and Flow (FLOW), all round out this week’s biggest losers.\nThe collapse of Sam Bankman-Fried’s crypto empire last month is still causing damage in the industry, with several firms announcing more layoffs this week in the wake of FTX\'s bankruptcy.\nBybit, Swytfx, andKoinlyall announced a cut in their workforce, citing both contagion from the collapse of FTX and the ongoing bear market.\nBesides layoffs, Maple Finance, a platform that lets **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-12-10 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $330,022,042,125 - Hash Rate: 262153423.49772403 - Transaction Count: 241668.0 - Unique Addresses: 617455.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.27 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: September 2022 Operational Update LONDON, UK / ACCESSWIRE / October 11, 2022 /Argo Blockchain plc, ("Argo" or "the Company") a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), is pleased to provide the following operational update for September 2022. During the month of September, Argo mined 215 Bitcoin or Bitcoin Equivalents (together, BTC) compared to 235 BTC in August 2022. The decrease in BTC mined is primarily due to a 12% increase in average network difficulty during September. Additionally, the Company is continuing to curtail operations at its Helios facility in Dickens County, Texas during periods of high electricity prices. As of 30 September 2022, the Company held 512 Bitcoin, of which 167 were BTC Equivalents. The Company closely monitors market conditions and is actively using a variety of derivatives to manage BTC holdings and mitigate risk exposure. Based on daily foreign exchange rates and cryptocurrency prices during the month, mining revenue in September amounted to £3.78 million [$4.27 million*] (August 2022: £4.39 million [$5.23 million*]). Argo generated this income at a Bitcoin and Bitcoin Equivalent Mining Margin (Mining Margin) of 25% for the month of September (an increase from 20% in August 2022). The Company currently has 2.5 EH/s of total hashrate capacity and expects to complete the installation of its Bitmain S19J Pro machines by the end of October 2022. After accounting for the sale of 3,400 mining machines to a third party that was reported on 7 October 2022, the Company now expects to achieve a total hashrate capacity of 2.9 EH/s once the installation is complete. Organisational Changes Effective October 15, Perry Hothi is stepping down from his role as Chief Technology Officer at Argo and will serve as a transitional advisor to the Company. The technology function will be led by Jean Esquier, who currently serves as Vice President of Technology and Development. In addition, the Company is excited to welcome Jason Zaluski to the team as Vice President of Mining. In this role. Jason will strengthen the Company's core team and focus on optimising operations of Argo's mining fleet. Jason brings tremendous experience in blockchain technology and Bitcoin mining, having previously worked at Hut 8 Mining as Vice President of Strategic Technologies. Management Commentary Peter Wall, Chief Executive Officer at Argo, said: "As another month of high energy prices and uncertain market conditions ended, Argo continues to execute on its plans to grow operations at Helios. We are nearing completion of the installation of our new Bitmain S19J Pro machines, which will increase our total hashrate capacity to 2.9 EH/s by the end of the month. This will represent a 81% increase in total hashrate capacity since Q1 2022. I continue to be proud of our team for its efforts to deliver long-term growth in the interest of our shareholders." "Additionally, I'd like to thank Perry Hothi for his long years of service and great contribution to Argo," Wall continued. "Perry has been with us from the very beginning, and I wish him well as he moves on." Perry Hothi, Chief Technology Officer at Argo, said, "I've decided to leave Argo because I believe the technology team is ready. I have accomplished everything I set out to do at Argo. Working with Jean and the rest of the technology team these last few years has been a once in a lifetime experience. I'm deeply grateful for their skill, heart, and friendship. It is their time now." Non-IFRS Measures Bitcoin and Bitcoin Equivalent Mining Margin is a financial measure not defined by IFRS. We believe Bitcoin and Bitcoin Equivalent Mining Margin has limitations as an analytical tool. In particular, Bitcoin and Bitcoin Equivalent Mining Margin excludes the depreciation of mining equipment and so does not reflect the full cost of our mining operations, and it also excludes the effects of fluctuations in the value of digital currencies and realized losses on the sale of digital assets, which affect our IFRS gross profit. This measure should not be considered as an alternative to gross margin determined in accordance with IFRS, or other IFRS measures. This measure is not necessarily comparable to similarly titled measures used by other companies. As a result, you should not consider this measure in isolation from, or as a substitute analysis for, our gross margin as determined in accordance with IFRS. The following table shows a reconciliation of gross margin to Bitcoin and Bitcoin Equivalent Mining Margin, the most directly comparable IFRS measure, for the months of July 2022 and August 2022. [["", "\u00a3 (000s)", "$ (000s)", "", "\u00a3 (000s)", "$ (000s)"], ["Gross (loss)", "(4,471)", "(5,334)", "", "(5,807)", "(6,560)"], ["Gross Margin", "(110%)", "(110%)", "", "(154%)", "(154%)"], ["Depreciation of mining equipment", "1,644", "1,961", "", "1,723", "1,947"], ["Change in fair value of digital currencies", "2,944", "3,512", "", "4,967", "5,611"], ["Realised loss on sale of digital currencies", "765", "913", "", "55", "62"], ["", "", "", "", ""], ["Mining Profit", "882", "1,052", "", "938", "1,060"], ["Bitcoin and Bitcoin Equivalent Mining Margin", "", "20%", "", "20%", "", "", "25%", "", "25%"]] (1) Due to unfavourable changes in the fair value of BTC there was a loss on the change in fair value of digital currencies in August 2022 and September 2022. * Dollar values translated from pound sterling into U.S. dollars using the noon buying rate of the Federal Reserve Bank of New York as at the applicable dates Inside Information and Forward-Looking Statements This announcement contains inside information and includes forward-looking statements which reflect the Company's or, as appropriate, the Directors' current views, interpretations, beliefs or expectations with respect to the Company's financial performance, business strategy and plans and objectives of management for future operations. These statements include forward-looking statements both with respect to the Company and the sector and industry in which the Company operates. Statements which include the words "expects", "intends", "plans", "believes", "projects", "anticipates", "will", "targets", "aims", "may", "would", "could", "continue", "estimate", "future", "opportunity", "potential" or, in each case, their negatives, and similar statements of a future or forward-looking nature identify forward-looking statements. All forward-looking statements address matters that involve risks and uncertainties because they relate to events that may or may not occur in the future. Forward-looking statements are not guarantees of future performance. Accordingly, there are or will be important factors that could cause the Company's actual results, prospects and performance to differ materially from those indicated in these statements. In addition, even if the Company's actual results, prospects and performance are consistent with the forward-looking statements contained in this document, those results may not be indicative of results in subsequent periods. These forward-looking statements speak only as of the date of this announcement. Subject to any obligations under the Prospectus Regulation Rules, the Market Abuse Regulation, the Listing Rules and the Disclosure and Transparency Rules and except as required by the FCA, the London Stock Exchange, the City Code or applicable law and regulations, the Company undertakes no obligation publicly to update or review any forward-looking statement, whether as a result of new information, future developments or otherwise. For a more complete discussion of factors that could cause our actual results to differ from those described in this announcement, please refer to the filings that Company makes from time to time with the United States Securities and Exchange Commission and the United Kingdom Financial Conduct Authority, including the section entitled "Risk Factors" in the Company's Registration Statement on Form F-1. For further information please contact: [{"Argo Blockchain": "Peter WallChief Executive", "": "via Tancredi +44 203 434 2334"}, {"Argo Blockchain": "finnCap Ltd", "": ""}, {"Argo Blockchain": "Corporate FinanceJonny Franklin-AdamsSeamus FrickerJoint Corporate BrokerSunila de Silva", "": "+44 207 220 0500"}, {"Argo Blockchain": "Tennyson Securities", "": ""}, {"Argo Blockchain": "Joint Corporate BrokerPeter Krens", "": "+44 207 186 9030"}, {"Argo Blockchain": "OTC Markets", "": ""}, {"Argo Blockchain": "Jonathan [email protected]", "": "+44 204 526 4581+44 7731 815 896"}, {"Argo Blockchain": "Tancredi Intelligent CommunicationUK & Europe Media Relations", "": ""}, {"Argo Blockchain": "Emma ValgimigliFabio Galloni-Roversi MonacoNasser [email protected]", "": "+44 7727 180 873+44 7888 672 701+44 7915 033 739"}] About Argo: Argo Blockchain plc is a dual-listed (LSE:ARB); (NASDAQ:ARBK) blockchain technology company focused on large-scale cryptocurrency mining. With its flagship mining facility in Texas, and offices in the US, Canada, and the UK, Argo's global, sustainable operations are predominantly powered by renewable energy. In 2021, Argo became the first climate positive cryptocurrency mining company, and a signatory to the Crypto Climate Accord. Argo also participates in several Web 3.0, DeFi and GameFi projects through its Argo Labs division, further contributing to its business operations, as well as the development of the cryptocurrency markets. For more information, visitwww.argoblockchain.com. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please [email protected] visitwww.rns.com. SOURCE:Argo Blockchain PLC View source version on accesswire.com:https:... - Reddit Posts (Sample): [['u/Jen-minkovich', 'Update on SB167 - Proposed bill that would end "zero tolerance" DUI prosecution for PA MMJ patients by requiring proof of actual impairment', 152, '2022-12-10 00:19', 'https://www.reddit.com/r/PaMedicalMarijuana/comments/zhc3ge/update_on_sb167_proposed_bill_that_would_end_zero/', 'Hi all,\n\nIt\'s Dr Jen Minkovich with an update (finally) on the fate of SB167 - Sen. Bartolotta\'s bill that would end "zero tolerance" DUI (wrongful DUI prosecution) for PA MMJ patients by requiring proof of actual impairment. Although the bill recently died/ran out of time with the end of this legislative session, Sen. Bartolotta recently released a legislative memo announcing that she will be reintroducing the bill in the next (upcoming 2023-2024) legislative session. This is a good thing. SB167 made decent progress previously and has bipartisan support. I am hoping to see its passage in the upcoming session. Here\'s the memo:\n\n[Sen. Bartolotta\'s Legislative Memo](https://www.legis.state.pa.us/cfdocs/Legis/CSM/showMemoPublic.cfm?chamber=S&SPick=20230&cosponId=38151&fbclid=IwAR1s-G6BIkcP9WJa7UYkBnAus9SF9TO3t9F8lHzX-tQNJD0DaAVR4XEjgpU)\n\n​\n\nI will post more after the bill is reintroduced and will be asking everyone that is interested to contact the appropriate state senators to ask them for an affirmative vote at that time. (I assume the bill will be reintroduced into the Senate Transportation Committee as was previously done, and we\'ll likely need to contact the members of that committee as a starting point again.)\n\nFor more background info on SB167 and PA\'s DUI law, please see [7/9/2022 Bucks County Courier Times](https://www.buckscountycouriertimes.com/story/opinion/columns/2022/07/09/dui-law-sets-up-patients-for-wrongful-arrest/65369330007/) and my older posts on the matter from earlier this year and last year.\n\n​\n\nAdditional background resources:\n\n[PA DUI Statue - Ch 38 § 3802 Section D](https://www.legis.state.pa.us/WU01/LI/LI/CT/HTM/75/00.038..HTM)\n\n[PA Bulletin - Minimum Levels of Controlled Substances or Their Metabolites in Blood](http://www.pacodeandbulletin.gov/Display/pabull?file=/secure/pabulletin/data/vol41/41-18/738.html)\n\n[SB167 Bill Language](https://www.legis.state.pa.us/CFDOCS/Legis/PN/Public/btCheck.cfm?txtType=HTM&sessYr=2021&sessInd=0&billBody=S&billTyp=B&billNbr=0167&pn=1830)\n\n[NORML - PA State law summary](https://norml.org/laws/drugged-driving/pennsylvania-drugged-driving/)\n\n​\n\nThank you for reading. I\'ll keep you posted.\n\nDr Jen Minkovich - [MMJ Advocate Doc](https://www.mmjadvocatedoc.com/about-us)\n\nhttps://preview.redd.it/cpnmw1ve535a1.png?width=1202&format=png&auto=webp&s=491aa47e8da2cf3008fa7cab3d4a44cc482d9b1d', 'https://www.reddit.com/r/PaMedicalMarijuana/comments/zhc3ge/update_on_sb167_proposed_bill_that_would_end_zero/', 'zhc3ge', [['u/TroutstampBaron', 28, '2022-12-10 05:17', 'https://www.reddit.com/r/PaMedicalMarijuana/comments/zhc3ge/update_on_sb167_proposed_bill_that_would_end_zero/izmejz0/', "It's reassuring to know that you and Sen Bartollota are trying to help us. Sometimes with legal cannabis, it still feels like we are alone on an island.", 'zhc3ge'], ['u/Original_Spot9000', 15, '2022-12-10 05:21', 'https://www.reddit.com/r/PaMedicalMarijuana/comments/zhc3ge/update_on_sb167_proposed_bill_that_would_end_zero/izmeydv/', 'Thank you for all that you are doing. Much appreciated.', 'zhc3ge'], ['u/bbrooks99', 10, '2022-12-10 13:46', 'https://www.reddit.com/r/PaMedicalMarijuana/comments/zhc3ge/update_on_sb167_proposed_bill_that_would_end_zero/iznief8/', "Why does it feel like the state is out to get ne with some of the 'asterisks' to the program. \n\nWhy would there be asterisks at all?\n\nWhy does my state+country want me in jail for a flower, that helps me?", 'zhc3ge']]], ['u/Forgot_Password_Dude', 'were bitcoiners hurt at all from the whole FTX fiasco?', 10, '2022-12-10 01:27', 'https://www.reddit.com/r/Bitcoin/comments/zhdr86/were_bitcoiners_hurt_at_all_from_the_whole_ftx/', 'y\'all preach not your keys not your coins all the time and FTX did not have much if any BTC at all. \n\nalso the price of BTC was already hovering around 20k before the news broke out.\n\n if anything this whole thing only makes Bitcoin more attractive and the convictions should be stronger. any "bitcoiner" who got rekt probably aren\'t true bitcoiners anyway right?', 'https://www.reddit.com/r/Bitcoin/comments/zhdr86/were_bitcoiners_hurt_at_all_from_the_whole_ftx/', 'zhdr86', [['u/random_name23631', 16, '2022-12-10 01:31', 'https://www.reddit.com/r/Bitcoin/comments/zhdr86/were_bitcoiners_hurt_at_all_from_the_whole_ftx/izlnlln/', "Ftx did not effect me at all. But don't underestimate public ignorance assuming that ftx and Bitcoin are one and the same. We tend to live in a bubble of people who know and understand BTC but we are the minority.", 'zhdr86'], ['u/DatBuridansAss', 11, '2022-12-10 03:34', 'https://www.reddit.com/r/Bitcoin/comments/zhdr86/were_bitcoiners_hurt_at_all_from_the_whole_ftx/izm2sfm/', 'Tick tock next block bro', 'zhdr86']]], ['u/ChaoticNeutralNephew', 'You’re Saying Bitcoin Is a Pump-and-Dump Scheme, but There’s No Better Asset To Dump It Into (Robert Breedlove)', 12, '2022-12-10 02:33', 'https://www.reddit.com/r/CryptoCurrency/comments/zhf7n9/youre_saying_bitcoin_is_a_pumpanddump_scheme_but/', '[Jayden Levitt](https://medium.com/@jayden_levitt?source=post_page-----3181a3dd3155--------------------------------)\n\n​\n\nChoose your Bitcoin commentator carefully.\n\n​\n\nYou’ll hear few people articulate a better response to the value of Bitcoin than Robert Breedlove.\n\nBreedlove is an American philosopher, businessman, and author who only advocates for Bitcoin when it comes to cryptocurrency.\n\nIf I’m honest, he takes Bitcoin maximalism to a new level of geekiness that hypnotises you.\n\nThe type of hypnosis that makes you run on hot coals at a Tony Robins conference or run away with a cult.\n\nBreedlove talks about Bitcoin as if it’s a religion protecting you from the tyranny of governments. His mission is to maximise humanity’s freedom through Bitcoin’s store of value.\n\nHis views are pretty deep.\n\nNever will there be an asset that divides people more than Bitcoin, especially during this discovery phase.\n\nLike many Bitcoin evangelists, Breedlove attracts his fair share of criticism from people calling Bitcoin a pump-and-dump scheme.\n\nPump and dump is a form of fraud that involves artificially inflating the price of a stock or asset through misleading and primarily false statements.\n\nAfter their false positive claims, the offender would look to sell the cheaply purchased stock or asset at a higher price when there’s no underlying value.\n\n>Robert Breedlove: \n“Many people have accused Bitcoin of being a pump and dump scheme, but when you get into the rabbit hole, you start to understand the nature of money and the history of money, the desire to the properties of money. \nYou realise that Bitcoin cannot be a pump-and-dump scheme because there’s no better asset to dump it into. \nIt’s a pump scheme. \nIt just goes up.”\n\nIf you bought the top of the market 12 months ago, you might think Breedlove is talking nonsense.\n\nBitcoin has corrected 80 per cent from all-time highs. But interestingly, its lows never go below the previous cycle’s low.\n\nAnd it always reaches higher highs in each new cycle. Macroeconomic investor Raoul Pal covered this in a recent Tweet.\n\nBelow, the Bitcoin chart measures each new low, beating the previous high dating back to 2012.\n\n​\n\n[Source — Raoul Pal Twitter](https://preview.redd.it/95425k4s4z4a1.png?width=1100&format=png&auto=webp&s=7534c4e2ec0fe15bf16782c3fb4fe12c1e4fc48b)\n\n​\n\nLike many of the top Bitcoin commentators, Breedlove uses clever historical references and compares the properties of Gold to Bitcoin.\n\nHe says Gold, once pegged to cash, and Centralised financial institutions like the government have printed more money, undermining Gold’s value.\n\n>Robert Breedlove: \n“Bitcoin is taking us back to the principle that underlies Gold, that’s what Gold was, it was a proof of work money, and then we built a proof of stake institution called the central bank everywhere we have made that proof of stake institution things have gotten really bad.”\n\nBreedlove says he’s not forcing you to use Bitcoin and would never tell people to go out and buy it.\n\nPeople need to think for themselves and have their thesis, but looking into the history of money, Gold, and their properties will indicate Bitcoin’s value.\n\n>Robert Breedlove: \n“No one is ever forced to use Bitcoin. Using Bitcoin is always a choice, an option. \nBut it’s an option that becomes more valuable to individuals as other options are taken away through government intervention. \nThis is the osmotic pressure pushing people into Bitcoin over time. \n(Defined as the minimum pressure which needs to be applied to a solution).\n\nBreedlove says that Bitcoin shares five properties of money and aces each area.\n\n>Robert Breedlove: \n“Since money is insurance against uncertainty, its demand is centred on the relative certainty of its monetary properties; and Bitcoin optimises for all five.”\n\n1. Divisibility\n\n2. Durability\n\n3. Recognizability\n\n4. Portability\n\n5. Scarcity\n\nI like Breedlove’s comparisons to the properties of a store value. Bitcoin, he says, is a better version of Gold.\n\nGold isn’t easily divisible. We pegged fiat money to Gold to create that divisibility and make it fungible. We have also printed off so much money that it makes us question scarcity.\n\nGold’s supply still needs to be discovered.\n\nAnd lastly, he believes Bitcoin has better portability when it comes to transferring value across the world.\n\nI can agree with all these things because they ca... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['If I had to talk about some of the best investment themes for 2023, lithium would be among the top few. As a matter of fact, lithium is likely to be an attractive investment theme throughout the decade. I would therefore look at some of the best lithium stock picks for 2023 in this column. Governments globally have set an ambitious target for electric vehicle adoption. Research, however, indicates that the targets are impossible without a change in the lithium pipeline. To put things into perspective, the lithium supply gap is projected to be acute by 2035. Supply will be at least 1.1 million metric tons, or 24% less than the demand . Given this scenario, there are two important conclusions. First and foremost, lithium companies will benefit, and investment in new mines is likely to remain strong. Furthermore, lithium price is expected to stay in a long-term uptrend. This will translate into robust cash flows for lithium companies. InvestorPlace - Stock Market News, Stock Advice & Trading Tips With this overview, let’s discuss the best lithium stock picks for 2023. Symbol Company Price ALB Albemarle Corporation $253.25 LAC Lithium Americas $23.22 RIO Rio Tinto $72.49 Albemarle Corporation (ALB) Albemarle (ALB) logo on a mobile phone screen Source: IgorGolovniov/Shutterstock.com Albemarle Corporation (NYSE: ALB ), which is also a quality dividend growth stock, is the best name among lithium stock picks for 2023. After remaining largely sideways for the last 12 months, the stock looks attractive at a forward price-earnings ratio of 12.1. Albemarle has, however, been reporting robust numbers backed by the lithium segment. For Q3 2022, the company reported revenue and EBITDA growth of 152% and 447%, respectively, on a year-on-year basis. Further, the company has guided for EBITDA growth of 280% to 300% for the year . It’s also worth noting that Albemarle ended 2021 with a lithium conversion capacity of 85ktpa. The company expects to increase capacity to 200ktpa by the end of the year . This will translate into healthy growth in 2023. Albemarle has also guided for a lithium conversion capacity of 450 to 500ktpa by 2030. With sustained growth in capacity, the company is well-positioned to deliver incremental cash flows. Story continues Lithium Americas (LAC) smartphone with logo of Canadian company Lithium Americas Corp on screen Source: Wirestock Creators / Shutterstock.com With a likelihood of commercial production from lithium assets in 2023, Lithium Americas (NYSE: LAC ) stock is attractive. LAC stock has declined by 33% in the last 12 months. However, the correction seems to be overdone, and a reversal rally is due. One reason to like Lithium Americas is its high-quality assets. The company expects an average annual EBITDA of $508 million from the asset in the U.S. The asset also has a 46-year life. Further, the company has a 44.8% stake in an Argentina asset with an annual EBITDA potential of $308 million. Lithium Americas, therefore, has long-term cash flow visibility. If lithium price continues to trend higher, cash flow potential will swell further. In another positive development last month, Lithium Americas announced the company’s split into two entities . Lithium Americas will focus on North American assets. Additionally, Lithium International will focus on investments in Argentina. I believe that this split would result in value unlocking for investors. Rio Tinto (RIO) A photo of the Rio Tinto sky scrapper Source: BalkansCat / Shutterstock.com Rio Tinto (NYSE: RIO ) is a diversified industrial commodities company. I like RIO stock for several reasons. First, the stock trades at a forward price-earnings ratio of 8.0. This indicates undervaluation even after the recent rally. Furthermore, Rio Tinto offers a robust dividend yield of 9.5%, and dividends are sustainable. Specific to lithium, Rio Tinto has been targeting expansion in the lithium segment to benefit from favorable industry tailwinds. Last year, the company committed $2.4 billion to the Jadar lithium-borates project in Serbia, which is one of the world’s largest greenfield lithium projects. It’s estimated that Rio will be the largest source of lithium supply in Europe for at least the next 15 years. In March 2022, Rio Tinto also announced the completion of the acquisition of the Rincon lithium project in Argentina for $825 million. An important point to note is that Rio has strong financial flexibility. For the first half of 2022, the company reported a free cash flow of $7.1 billion. It’s likely that Rio Tinto will continue to acquire lithium assets to benefit from robust price realization. On the date of publication, Faisal Humayun did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the\xa0InvestorPlace.com Publishing Guidelines . Faisal Humayun is a senior research analyst with 12 years of industry experience in the field of credit research, equity research and financial modeling. Faisal has authored over 1,500 stock specific articles with focus on the technology, energy and commodities sector. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” It doesn’t matter if you have $500 or $5 million. Do this now. The post Our 3 Top Lithium Stock Picks for 2023 appeared first on InvestorPlace .', 'If I had to talk about some of the best investment themes for 2023, lithium would be among the top few. As a matter of fact, lithium is likely to be an attractive investment theme throughout the decade. I would therefore look at some of the best lithium stock picks for 2023 in this column.\nGovernments globally have set an ambitious target for electric vehicle adoption. Research, however, indicates that thetargets are impossiblewithout a change in the lithium pipeline. To put things into perspective, the lithium supply gap is projected to be acute by 2035. Supply will be at least1.1 million metric tons, or 24% less than the demand.\nGiven this scenario, there are two important conclusions. First and foremost, lithium companies will benefit, and investment in new mines is likely to remain strong. Furthermore, lithium price is expected to stay in a long-term uptrend. This will translate into robust cash flows for lithium companies.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nWith this overview, let’s discuss the best lithium stock picks for 2023.\n[{"Symbol": "ALB", "Company": "Albemarle Corporation", "Price": "$253.25"}, {"Symbol": "LAC", "Company": "Lithium Americas", "Price": "$23.22"}, {"Symbol": "RIO", "Company": "Rio Tinto", "Price": "$72.49"}]\nSource: IgorGolovniov/Shutterstock.com\nAlbemarle Corporation(NYSE:ALB), which is also a quality dividend growth stock, is the best name among lithium stock picks for 2023. After remaining largely sideways for the last 12 months, the stock looks attractive at a forward price-earnings ratio of 12.1.\nAlbemarle has, however, been reporting robust numbers backed by the lithium segment. For Q3 2022, the company reported revenue and EBITDA growth of 152% and 447%, respectively, on a year-on-year basis. Further, the company has guided forEBITDA growth of 280% to 300% for the year.\nIt’s also worth noting that Albemarle ended 2021 with a lithium conversion capacity of 85ktpa. The company expects to increase capacity to200ktpa by the end of the year. This will translate into healthy growth in 2023. Albemarle has also guided for a lithium conversion capacity of 450 to 500ktpa by 2030. With sustained growth in capacity, the company is well-positioned to deliver incremental cash flows.\nSource: Wirestock Creators / Shutterstock.com\nWith a likelihood of commercial production from lithium assets in 2023,Lithium Americas(NYSE:LAC) stock is attractive. LAC stock has declined by 33% in the last 12 months. However, the correction seems to be overdone, and a reversal rally is due.\nOne reason to like Lithium Americas is its high-quality assets. The company expects an averageannual EBITDA of $508 millionfrom the asset in the U.S. The asset also has a 46-year life. Further, the company hasa 44.8% stake in an Argentina assetwith an annual EBITDA potential of $308 million. Lithium Americas, therefore, has long-term cash flow visibility. If lithium price continues to trend higher, cash flow potential will swell further.\nIn another positive development last month, Lithium Americas announced thecompany’s split into two entities. Lithium Americas will focus on North American assets. Additionally, Lithium International will focus on investments in Argentina. I believe that this split would result in value unlocking for investors.\nSource: BalkansCat / Shutterstock.com\nRio Tinto(NYSE:RIO) is a diversified industrial commodities company. I like RIO stock for several reasons. First, the stock trades at a forward price-earnings ratio of 8.0. This indicates undervaluation even after the recent rally. Furthermore, Rio Tinto offers a robust dividend yield of 9.5%, and dividends are sustainable.\nSpecific to lithium, Rio Tinto has been targeting expansion in the lithium segment to benefit from favorable industry tailwinds. Last year, the company committed $2.4 billion to the Jadar lithium-borates project in Serbia, which is one of the world’s largest greenfield lithium projects. It’s estimated that Rio will be the largest source oflithium supply in Europefor at least the next 15 years.\nIn March 2022, Rio Tinto also announced thecompletion of the acquisitionof the Rincon lithium project in Argentina for $825 million. An important point to note is that Rio has strong financial flexibility. For the first half of 2022, the company reported a free cash flow of $7.1 billion. It’s likely that Rio Tinto will continue to acquire lithium assets to benefit from robust p **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-12-11 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $330,381,278,500 - Hash Rate: 250237358.793282 - Transaction Count: 217788.0 - Unique Addresses: 570664.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.26 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: A New York bankruptcy judge expanded the scope of the probe in the Celsius Network bankruptcy as the company’s customers demanded investigations into the crypto lender’s business operations, according to a Wall Street Journal report. At Tuesday’s hearing, Judge Martin Glenn of the U.S. Bankruptcy Court ordered the court-appointed examiner and the official committee of Celsius creditors to settle on who will lead a probe into the firm’s use of customer money. “We don’t know if Celsius was a Ponzi scheme, but there are flags that came up,“ Greg Pesce, the creditors committee’s lawyer, told WSJ . ”Let me make it clear we’re looking into whether it is. We don’t have an answer to that.” The examiner, Shoba Pillay, was appointed in September following the U.S. Trustee’s allegations of “significant transparency issues” and “gross mismanagement” regarding Celsius’ handling of the bankruptcy case. Bankrupt Celsius Under More Scrutiny as Court Appoints Independent Examiner Celsius initiated bankruptcy proceedings in July this year, suspending withdrawals of funds and revealing that it owed $5.5 billion to clients and creditors. Initially, Pillay was tasked with looking into Celsius’ crypto holdings and its Bitcoin mining business , recent changes to its account offerings, as well as the firm’s compliance with tax and bankruptcy proceedings. The broadened scope of the probe will include the company’s marketing practices and representations it made to onboard new customers, as well as its handling of CEL, the native token of the Celsius platform. In her court filings, Pillay stressed that she could examine the possibility of Celsius running a Ponzi scheme if instructed, but would stick to finding facts that could inform such an inquiry, rather than presenting her own legal conclusion. Celsius faces more accusations This is not the first time Celsius is accused of operating a Ponzi scheme. Back in July, CEO of KeyFi Jason Stone sued the crypto lender for allegedly refusing to honor its contract and using customer funds to manipulate crypto markets. Story continues According to Stone’s lawsuit, the revelation that Celsius is not capable of meeting the firm’s withdrawal obligations “shows that Defendants were, in fact, operating a Ponzi scheme.” Celsius Had Been Insolvent Since 2019: Vermont Regulator In September, Vermont state regulators asked for broader powers to investigate the Celsius bankruptcy, alleging that the firm has been insolvent since 2019. According to Vermont assistant general counsel Ethan McLaughlin, Celsius inflated the price of its CEL token at the expense of retail investors, while the crypto lender also allegedly admitted it never earned enough revenue to support the investors' payouts. "This shows a high level of financial mismanagement and also suggests that at least at some points in time, yields to existing investors were probably being paid with the assets of new investors," the Vermont state officials said at the time.... - Reddit Posts (Sample): [['u/loveandcs', 'theory: soul gems are bitcoin', 55, '2022-12-11 00:40', 'https://www.reddit.com/r/TrueSTL/comments/zi7ez2/theory_soul_gems_are_bitcoin/', 'I will not be taking questions', 'https://www.reddit.com/r/TrueSTL/comments/zi7ez2/theory_soul_gems_are_bitcoin/', 'zi7ez2', [['u/Tactical-Kitten-117', 20, '2022-12-11 00:44', 'https://www.reddit.com/r/TrueSTL/comments/zi7ez2/theory_soul_gems_are_bitcoin/izpyuww/', "Come see me in my chambers, S'wit.\n\nYou'll be taking something else.", 'zi7ez2'], ['u/EitherCaterpillar949', 17, '2022-12-11 00:56', 'https://www.reddit.com/r/TrueSTL/comments/zi7ez2/theory_soul_gems_are_bitcoin/izq0e0n/', "Guys the ideal masters stole my frost troll painting, I spent fourteen hundred septims on that thing at Calixto's House of Curiosities, he said it came with proof of ownership! How can I get it back from the Soul Cairn?", 'zi7ez2']]], ['u/Budget_Macaron3975', 'Gemini is the most terrible exchange I have ever used.', 31, '2022-12-11 01:06', 'https://www.reddit.com/r/Gemini/comments/zi7zrl/gemini_is_the_most_terrible_exchange_i_have_ever/', 'Seriously unbelievable. I know what\'s been going on with the Gemini Earn program, and certainly with FTX (though I\'ve never personally used them), but I had an issue recently that may or not even be related.\n\nI use Gemini to buy small sums of crypto from week to week, instant payment as it\'s from my debit card. No problems up until this point. All of a sudden, after trying to move a small amount of BTC to my wallet, they froze my account. I wrote in and created a ticket, went through the necessary verification steps, and a week later, they reached back out and told me I have to close my account, and they can\'t explain why.\n\nGREAT. So now I\'m fed up with Gemini, trying to sell my assets and withdraw, as they limited me to do. So now I try to withdraw, and I see they\'ve disconnected my only working bank account! And they won\'t allow me to re-add for another unknown reason! I can\'t update or withdraw to cards, nor PayPal, and I can\'t manually add another account, and I don\'t have another account I can use to withdraw my funds automatically through Plaid. SO WHAT THE FUCK AM I SUPPOSED TO DO GEMINI? Nobody can explain anything to me, and the cs team is virtually non-existent! I have no idea if I\'ve even done anything "wrong" here, and there\'s no way to even know.\n\nI\'m really suspicious at this point with everything else going on with Gemini. They seem to move in a really, really shady way, and it\'s gotten to the point that I\'m almost certainly done with crypto exchanges in general. I will just purchase and send directly into a wallet from now on. It seems like nobody is to be trusted these days.\n\nGemini, you really should be ashamed of yourselves, on so many different levels.', 'https://www.reddit.com/r/Gemini/comments/zi7zrl/gemini_is_the_most_terrible_exchange_i_have_ever/', 'zi7zrl', [['u/usernameno1has', 91, '2022-12-11 01:11', 'https://www.reddit.com/r/Gemini/comments/zi7zrl/gemini_is_the_most_terrible_exchange_i_have_ever/izq2dk4/', 'You should switch to ftx I hear they have low trading fees and great management as well.', 'zi7zrl'], ['u/Gh0st_Pirate_LeChuck', 18, '2022-12-11 01:32', 'https://www.reddit.com/r/Gemini/comments/zi7zrl/gemini_is_the_most_terrible_exchange_i_have_ever/izq4w4d/', 'Can I buy LUNA on FTX?', 'zi7zrl'], ['u/Basic_Dot8954', 32, '2022-12-11 02:24', 'https://www.reddit.com/r/Gemini/comments/zi7zrl/gemini_is_the_most_terrible_exchange_i_have_ever/izqb78l/', 'File a complaint with NYS Financial Services Bureau. If Gemini has taken away your ability to remove your $ from their exchange, then in my opinion, they have stolen your money.', 'zi7zrl'], ['u/Budget_Macaron3975', 12, '2022-12-11 02:28', 'https://www.reddit.com/r/Gemini/comments/zi7zrl/gemini_is_the_most_terrible_exchange_i_have_ever/izqbnz5/', "I was transferring it to my Ledger account that I've done before. That's it.", 'zi7zrl'], ['u/reposparadoxal', 15, '2022-12-11 02:46', 'https://www.reddit.com/r/Gemini/comments/zi7zrl/gemini_is_the_most_terrible_exchange_i_have_ever/izqdroc/', 'Yeah also had my account frozen for no reason 3 weeks ago. Those of you who think folks who have had their accounts recently frozen by Gemini MUST have been doing shady things: think again and take this as a massive warning sign . Take your money and gtfo while you still can', 'zi7zrl'], ['u/Spiritual_West1', 10, '2022-12-11 02:49', 'https://www.reddit.com/r/Gemini/comments/zi7zrl/gemini_is_the_most_terrible_exchange_i_have_ever/izqe6ko/', 'I’m surprised people are using Gemini. When they froze the earn program that should be a red flag to stay away from them. Yes they have my money and won’t let me withdraw. I would stay far away from them as possible', 'zi7zrl'], ['u/ctgjerts', 12, '2022-12-11 04:38', 'https://www.reddit.com/r/Gemini/comments/zi7zrl/gemini_is_the_most_terrible_exchange_i_have_ever/izqquti/', "So far I've never had an issue with Gemini. I don't use debit cards to fund transactions, I use the ACH deposit. Knock on wood I havent had an issue yet. If it happens I still have coinbase and kraken to use to purchase. \n\nAt the rate these exchanges are dropping we may not need any regulations, the market may take care of all the one availabe to those of us in the US.", 'zi7zrl']]], ['u/sinful_sophistry', 'Deep dive into how Grayscale Bitcoin Trust is one of the biggest scams in crypto', 114, '2022-12-11 01:06', 'https://www.reddit.com/r/Buttcoin/comments/zi7ztz/deep_dive_into_how_grayscale_bitcoin_trust_is_one/', 'This is a look into Grayscale Bitcoin Trust, one of the biggest and longest running investment products in crypto. I\'m not a financial professional and this is based on my own understanding, so there may be some inaccuracies, but I think it offers a good overview of just how unbelievably terrible of a product is GBTC. I find all this stuff fascinating but I hate just having it all sit disorganized in my head, so here\'s me sharing what I\'ve leaned. Warning, huge wall of text ahead. \n\n**Magical Leprosy the Investment Fund** \n\nGBTC started in 2013 as a private placement investment product that lets accredited investors put bitcoins into a trust and receive shares in return. Grayscale also applied to FINRA to allow for GBTC shares to be traded over the counter. This led to a product that kind of sort of resembles an exchange traded fund if you squint at it sideways, but with some big caveats. \n\nUnlike an ETF, SEC Regulation M prohibits a private placement from both issuing and redeeming shares at the same time. Issued shares are also subjected to a lockup period of 6 month before they can be traded. Grayscale tried to get around this by ignoring the rules but were slapped down by an SEC Cease and Desist in 2014. This ensured GBTC remained a close ended fund, where bitcoins only went in but never left (except for management fees, more on this later). It also led to some very strange quirks of how the fund\'s shares behaved with regard to the price of the underlying bitcoin. \n\nDespite all its quirks, for a long time GBTC was the closest thing to an accredited investment in crypto, which meant anyone who wanted bitcoin exposure without having to do self custody or trust some shady overseas exchange were buying GBTC instead. This demand led to the shares trading at a premium to the net asset value (NAV) of the underlying bitcoin, so that the market cap of all shares was worth a significant portion more than the price of all the bitcoins it represented. Once bitcoin prices started climbing fast after 2020, people also started to assume bitcoin 6 months from now will always be worth more than now, which in turn meant getting issued new GBTC shares was "free money" you can collect on in the future. Bitcoin price went up, but GBTC price went up faster, leading to even more demand and an ever growing fund. And times were good. \n\n**The Infinite Money Machine** \n\nBut that wasn\'t enough for Digital Currency Group, which owns both Grayscale and crypto lender Genesis. Directly pumping GBTC with its own funds was too obvious, but DCG could use Genesis to do it through a proxy. Enter 3 Arrows Capital. \n\nAccording to this crypto researcher\'s [in depth report](https://datafinnovation.medium.com/3ac-dcg-amazing-coincidences-c14eec941c06), DCG and 3AC entered into a scheme that resembles something like this: \n\nGenesis loans bitcoin to 3AC for minimal collateral. \n3AC sends the bitcoin right back to Grayscale and gets GBTC shares. \nAfter the 6 month lockup the GBTC is now worth more than their initial loan. \n3AC borrows USD from Genesis again, using GBTC as collateral. \n3AC goes and speculate on cryptodickbutt and other stuff. \n\nThis brought in huge fees for Genesis, huge "demand" for Grayscale, and supercharged the leverage of 3AC trading. And this is fine because bitcoin price only ever goes up. But then, disaster struck. \n\n**The flywheel flies apart** \n\nIn Feburary 2021, the Purpose Bitcoin ETF received approval from Canadian regulators and went to market. Unlike the close ended GBTC, this was a proper ETF that allowed both share issues and redemptions. It also had still high but relatively lower fees at 1.25% versus the 2% at Grayscale. Faced with a superior investment product, GBTC\'s premium to NAV [started to disappear](https://miro.medium.com/max/1100/1*Axga-kkSolJ1eG0VfdRE_A.webp) right around this time, *while* bitcoin prices were still rising. This was bad for 3AC, since their bitcoin loans were suddenly worth a lot more even as the value of their GBTC collateral was shrinking. This was also bad for Grayscale as their flagship product started to look less and less attractive. So of course DCG went and did the sketchy thing and bought up GBTC shares on the market to try and prop up the premium, only to end up with a giant bag of their own product when 3AC blew up in spectacular fashion on the Terra/L... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin and Ether fell slightly in Monday morning trading in Asia, along with all other non-stablecoin cryptocurrencies in the top 10, excluding Litecoin. Investors await November’s consumer price index, a key inflation indicator to be released Tuesday, while bracing for another interest rate hike on Wednesday. See related article: Sam Bankman-Fried misses deadline to respond to Senate Committee hearing Fast facts Bitcoin was trading at US$17,106, down 0.1% in the 24 hours to 8 a.m. in Hong Kong, while Ether was US$1,264 after losing 0.2%, according to CoinMarketCap . Litecoin was the only token to gain among the top 10 non-stablecoin cryptocurrencies, rising 0.4% to US$76.64. Memecoin Dogecoin saw the biggest losses, falling 3.7% to US$0.09, followed by Polkadot, which dropped by 2% to US$5.17. The total crypto market cap was down 0.5% to US$850 billion by Monday morning in Hong Kong, while recording a 24-hour market trading volume of US$24.7 billion, a 4.5% increase from the previous day. U.S. equity markets closed the trading day lower on Friday. The S&P 500 Index and the Nasdaq Composite Index both lost 0.7%, while the Dow Jones Industrial Average lost 0.9%, capping off its weekly drop at 2.8%, its worst trading week since September. Wholesale prices in the U.S. increased 0.3% in November, up 7.4% from a year ago, according to the U.S Labor Department’s latest producer price index report on Friday. Many economists had predicted a 0.2% jump for the month, but prices remain high despite the Federal Reserve’s efforts to tamp down on inflation with a series of rate hikes. The Federal Reserve’s Federal Open Market Committee’s (FOMC) next two-day meeting starts on Tuesday, Dec. 13, where a 50 basis points rate hike is expected, which is 25 basis points lower than the past four consecutive raises. The Fed has increased interest rates since March to slow inflation, raising it from nearly zero to a 15-year high of 3.75% to 4%, and has signaled that rates may end up exceeding 5%. The central bank wants inflation in its target range of 2%. The consumer price index was at 7.7% in October, down from 8.2% in September. See related article: SEC advises public firms to disclose crypto risks (Corrects sixth bullet point to say Fed has raised rates by 75 basis points four times this year, not five.)', 'Bitcoin and Ether fell slightly in Monday morning trading in Asia, along with all other non-stablecoin cryptocurrencies in the top 10, excluding Litecoin. Investors await November’s consumer price index, a key inflation indicator to be released Tuesday, while bracing for another interest rate hike on Wednesday.\nSee related article:Sam Bankman-Fried misses deadline to respond to Senate Committee hearing\n• Bitcoin was trading at US$17,106, down 0.1% in the 24 hours to 8 a.m. in Hong Kong, while Ether was US$1,264 after losing 0.2%,according to CoinMarketCap. Litecoin was the only token to gain among the top 10 non-stablecoin cryptocurrencies, rising 0.4% to US$76.64.\n• Memecoin Dogecoin saw the biggest losses, falling 3.7% to US$0.09, followed by Polkadot, which dropped by 2% to US$5.17.\n• The total crypto market cap was down 0.5% to US$850 billion by Monday morning in Hong Kong, while recording a 24-hour market trading volume of US$24.7 billion, a 4.5% increase from the previous day.\n• U.S. equity markets closed the trading day lower on Friday. The S&P 500 Index and the Nasdaq Composite Index both lost 0.7%, while the Dow Jones Industrial Average lost 0.9%, capping off its weekly drop at 2.8%, its worst trading week since September.\n• Wholesale prices in the U.S. increased 0.3% in November, up 7.4% from a year ago, according to the U.S Labor Department’s latest producer price index report on Friday. Many economists had predicted a 0.2% jump for the month, but prices remain high despite the Federal Reserve’s efforts to tamp down on inflation with a series of rate hikes.\n• The Federal Reserve’s Federal Open Market Committee’s (FOMC) next two-day meeting starts on Tuesday, Dec. 13, where a 50 basis points rate hike is expected, which is 25 basis points lower than the past four consecutive raises.\n• The Fed has increased interest rates since March to slow inflation, raising it from nearly zero to a 15-year high of 3.75% to 4%, and has signaled that rates may end up exceeding 5%. The central bank wants inflation in its target range of 2%. The consumer price index was at 7.7% in October, down from 8.2% in September.\nSee related article:SEC advises public firms to disclose crypto risks\n(Corrects sixth bullet point to say Fed has raised rates by 75 basis points four times this year, not five.)', 'Bitcoin and Ether fell slightly in Monday morning trading in Asia, along with all other non-stablecoin cryptocurrencies in the top 10, excluding Litecoin. Investors await November’s consumer price index, a key inflation indicator to be released Tuesday, while bracing for another interest rate hike on Wednesday.\nSee related article:Sam Bankman-Fried misses deadline to respond to Senate Committee hearing\n• Bitcoin was trading at US$17,106, down 0.1% in the 24 hours to 8 a.m. in Hong Kong, while Ether was US$1,264 after losing 0.2%,according to CoinMarketCap. Litecoin was the only token to gain among the top 10 non-stablecoin cryptocurrencies, rising 0.4% to US$76.64.\n• Memecoin Dogecoin saw the biggest losses, falling 3.7% to US$0.09, followed by Polkadot, which dropped by 2% to US$5.17.\n• The total crypto market cap was down 0.5% to US$850 billion by Monday morning in Hong Kong, while recording a 24-hour market trading volume of US$24.7 billion, a 4.5% increase from the previous day.\n• U.S. equity markets closed the trading day lower on Friday. The S&P 500 Index and the Nasdaq Composite Index both lost 0.7%, while the Dow Jones Industrial Average lost 0.9%, capping off its weekly drop at 2.8%, its worst trading week since September.\n• Wholesale prices in the U.S. increased 0.3% in November, up 7.4% from a year ago, according to the U.S Labor Department’s latest producer price index report on Friday. Many economists had predicted a 0.2% jump for the month, but prices remain high despite the Federal Reserve’s efforts to tamp down on inflation with a series of rate hikes.\n• The Federal Reserve’s Federal Open Market Committee’s (FOMC) next two-day meeting starts on Tuesday, Dec. 13, where a 50 basis points rate hike is expected, which is 25 basis points lower than the past four consecutive raises.\n• The Fed has increased interest rates since March to slow inflation, raising it from nearly zero to a 15-year high of 3.75% to 4%, and has signaled that rates may end up exceeding 5%. The central bank wants inflation in its target range of 2%. The consumer price index was at 7.7% in October, down from 8.2% in September.\nSee related article:SEC advises public firms to disclose crypto risks\n(Corrects sixth bullet point to say Fed has raised rates by 75 basis points four times this year, not five.)', 'By Marco Oehrl\nInvesting.com - Cryptocurrencies such as Bitcoin and Ethereum have still failed to make any significant recovery from the FTX debacle. Trading continues near cycle lows amid doomsday scenarios that see BTC/USD plummeting to below $10,000 in the next year.\nHowever, former BitMEX CEO Arthur Hayes is convinced that the existing cycle lows represent a bottom. He argues that the selling wave has already peaked, as all crypto companies that were threatened by the specter of bankruptcy have now gone bankrupt.\nAs part of the accompanying liquidity crisis, these companies were forced to sell off their most liquid assets, which of course included Bitcoin. Meanwhile, these companies are at a stage where they can no longer sell BTC before theydisappearfrom the market for good:\n"When you look at the balance sheet of any of these of the heroes, there\'s no Bitcoin on it because what do they do, they sold the Bitcoin as they were going bankrupt, they sold the Bitcoin during the wave before they went bankrupt.\nI believe the US Treasury market will become dysfunctional at some point in 2023 due to the Fed’s tightening monetary policies… At that point, I expect the Fed will turn the printer bank on, and then boom shaka-laka — Bitcoin and all other risk assets will spike higher."\nHayes is not alone in his opinion. InvestorCathie Woodbelieves FTX\'s demise will help the DeFi sector experience accelerated growth. This is because, in a transparent and decentralized business environment, dubious dealings are impossible:\n"I think what we’re learning because of FTX is how much more important fully transparent decentralized networks will be to financial services going forward… FTX, Celsius, 3AC were all closed networks. Opaque systems. You couldn’t see what was going on…"\nFrom her perspective, that\'s why Sam Bankman-Fried preferred to give Bitcoin a wide berth. Too transparent, too decentralized, and therefore impossible to control.\nBitcoin is currently losing -1.60% at a BTC/USD rate of $16,908, while the weekly loss is -2.33%.\nThe cryptocurrency managed to hold above the support of the 23.6% Fibo retracement of $16,986 for three consecutive days. Currently, however, trading is taking place below it and the December 7 low at $16,715 can be tested.\nA daily close below this level would shift focus to the November 28 low, which is found at $16,013. Below that, subsequent losses toward the cycle low of $15,504 would be possible.\nOnly if it manages to sustainably hold above the 23.6% Fibo retracements, the probability of a recovery towards the 38.2% Fibo retracement of $17,841 increases. This resistance is reinforced by the psychological mark of $18,000 and the 55-day MA, which runs at $18,023.\n(Translated from German)\nRelated Articles\nMarket Bulls Lose Steam in Fetch.ai (FET), While Bears Take the Helm\nAnalyst Believes Altcoin Market Cap Could Climb To $680 Billion', 'By Marco Oehrl Investing.com - Cryptocurrencies such as Bitcoin 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: 2022-12-12 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $326,240,409,350 - Hash Rate: 243428178.9621724 - Transaction Count: 262646.0 - Unique Addresses: 639530.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.27 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Gridless, a bitcoin mining company that helps generate new sources of energy in rural communities in East Africa, said Tuesday that it secured $2 million in a seed investment round led by bitcoin venture-capital firmStillmarkand payments companyBlock, a firm that is led by Twitter co-founder Jack Dorsey. The investment will support the company’s expansion of bitcoin mines across African markets. In its first year, Gridless started five projects in rural Kenya with African hydroelectric energy companyHydroBox, three of which are operational. The company plans to expand to other East African regions in the near future. Gridless designs, builds and operates bitcoin mining sites alongside small-scale renewable energy producers in rural Africa where excess energy is unused. Gridless serves as the anchor tenant, financing the construction and managing the operation of data centers in rural communities where traditional industrial or commercial customers are unavailable. Gridless brings “a socially and environmentally conscious approach to bitcoin mining, one that provides tangible benefits by way of access to electricity for communities in rural parts of East Africa,” Alyse Killeen, managing partner at Stillmark, said in an announcment. Thomas Templeton, bitcoin mining and wallet lead at Block, added: “Gridless represents a close strategic alignment with our vision of ensuring the bitcoin network increasingly leverages clean energy, in combination with bitcoin computational centers around the world.” The funding comes as Africa experiences a grassroots crypto movement. It has the world's highest proportion of retail payments of less than $1,000 and more peer-to-peer transactions proportionallythan any other region. Bitcoin miners, however, have been struggling to survive amid this year’s grueling market conditions, which have seen bitcoin (BTC) prices fall and energy costs surge, reducing profit margins. In recent months, though, mining companies that have access to low-cost energy and more innovative business models have succeeded in raising capital.. In August, a new solar-powered bitcoin miner, Aspen Creek Digital Corp.,raised $8 million in a Series A fundinground, and Vespene Energy, a company that converts methane gas released from landfills into power for bitcoin mining,closed a $4.3 million fundinground.... - 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:** ['Bahamian authorities arrested former FTX founder and CEO Sam Bankman-Fried Monday evening.\nThe development comes one day before Bankman-Friedhad agreed to testifybefore the U.S. House Financial Services Committee regarding the collapse of his Nassau-based exchange.\nAccording to a statement shared by the Bahamian Office of the Attorney General & Ministry of Legal Affairs, the Royal Bahamas Police detained Bankman-Fried following receipt of formal notification from the United States it has filed criminal charges against the fallen crypto billionaire.\nThe Attorney General said it will hold Bankman-Fried in custody pursuant to the Bahamas\' extradition treaty. The U.S government\'s extradition treaty with the Bahamas lets the U.S. extradite defendants for charges involving offenses that are crimes in both countries.\n"Earlier this evening, Bahamian authorities arrested Samuel Bankman-Fried at the request of the U.S. Government, based on a sealed indictment filed by the SDNY," Damian Williams, U.S. Attorney for the Souther District of New Yorksaidin a statement. "We expect to move to unseal the indictment in the morning and will have more to say at that time."\n"The Bahamas and the United States have a shared interest in holding accountable all individuals associated with FTX who may have betrayed the public trust and broken the law," Bahamas Prime Minister Philip Davis said in a statement.\n"While the United States is pursuing its own criminal charges against SBF individually, The Bahamas will continue its own regulatory and criminal investigations into the FTX collapse, with continued cooperations of its law enforcement and regulatory partners in the United States and elsewhere."\nA spokesman for the U.S Attorney’s Office, Southern District of New York declined to comment further on the criminal investigation.\nSeparately, the U.S. Securities and Exchange Commission has authorized charges related to Bankman-Fried’s violation of securities laws set to be unsealed tomorrow,according to a statement from the SEC.\nU.S. House Financial Services Committee Chairwoman Maxine Waters (D-CA) expressed mixed feelings on the arrest\'s timing, which came just hours before the Committee\'s chance to hear Bankman-Fried answer questions under oath.\n"The public has been waiting eagerly to get these answers under oath before Congress, and the timing of this arrest denies the public this opportunity," Waters said in astatement. FTX\'s current CEO, John Ray III, will still testify before the Committee.\nSince FTX filed for bankruptcy protection on November 11, Bankman-Fried’s public statements have painted his involvement in the crypto exchange\'s demise as mismanagement or negligence.\n"I don’t have the answer in front of me. I wasn’t involved much in this process," he said during a Monday interview over Twitter when faced with a string of questions about how FTX valued customer collateral positions.\nBankman-Fried has also made numerous media appearances and continued to tweet regularly about FTX since being ousted from his position with the company last month. In his highest-profile media appearance since FTX\'s collapse last month,Bankman-Fried told The New York Timeshis public comments were being made against the advice of his legal counsel.\nInprepared testimonypublished ahead of Tuesday\'s hearing, Ray outlined several "unacceptable management practices" the new CEO has uncovered so far at the bankrupt crypto exchange.\nRay, who led the liquidation of Enron, alsoverified at least five ways FTXhad been spending its money, including commingling customer assets with its trading arm, Alameda Research. When FTX filed for bankruptcy, the company reported an $8 billion asset hole.\nAs Yahoo Financereported, knowledge, or lack thereof, as to how the crypto platform handled its customers’ funds — as well as other funds — will ultimately determine whether Bankman-Fried, or other decision makers from the now bankrupt firm, will face civil claims or criminal accusations tied to the collapse\nDavid Hollerith is a senior reporter at Yahoo Finance covering the cryptocurrency and stock markets. Follow him on Twitter at@DsHollers\nClick here for the latest crypto news, updates, values, prices, and more related to Bitcoin, Ethereum, Dogecoin, DeFi and NFTs\nRead the latest financial and business news from Yahoo Finance\nDownload the Yahoo Finance app forAppleorAndroid\nFollow Yahoo Finance onTwitter,Facebook,Instagram,Flipboard,LinkedIn, andYouTube', 'Bahamian authorities arrested former FTX founder and CEO Sam Bankman-Fried Monday evening.\nThe development comes one day before Bankman-Friedhad agreed to testifybefore the U.S. House Financial Services Committee regarding the collapse of his Nassau-based exchange.\nAccording to a statement shared by the Bahamian Office of the Attorney General & Ministry of Legal Affairs, the Royal Bahamas Police detained Bankman-Fried following receipt of formal notification from the United States it has filed criminal charges against the fallen crypto billionaire.\nThe Attorney General said it will hold Bankman-Fried in custody pursuant to the Bahamas\' extradition treaty. The U.S government\'s extradition treaty with the Bahamas lets the U.S. extradite defendants for charges involving offenses that are crimes in both countries.\n"Earlier this evening, Bahamian authorities arrested Samuel Bankman-Fried at the request of the U.S. Government, based on a sealed indictment filed by the SDNY," Damian Williams, U.S. Attorney for the Souther District of New Yorksaidin a statement. "We expect to move to unseal the indictment in the morning and will have more to say at that time."\n"The Bahamas and the United States have a shared interest in holding accountable all individuals associated with FTX who may have betrayed the public trust and broken the law," Bahamas Prime Minister Philip Davis said in a statement.\n"While the United States is pursuing its own criminal charges against SBF individually, The Bahamas will continue its own regulatory and criminal investigations into the FTX collapse, with continued cooperations of its law enforcement and regulatory partners in the United States and elsewhere."\nA spokesman for the U.S Attorney’s Office, Southern District of New York declined to comment further on the criminal investigation.\nSeparately, the U.S. Securities and Exchange Commission has authorized charges related to Bankman-Fried’s violation of securities laws set to be unsealed tomorrow,according to a statement from the SEC.\nU.S. House Financial Services Committee Chairwoman Maxine Waters (D-CA) expressed mixed feelings on the arrest\'s timing, which came just hours before the Committee\'s chance to hear Bankman-Fried answer questions under oath.\n"The public has been waiting eagerly to get these answers under oath before Congress, and the timing of this arrest denies the public this opportunity," Waters said in astatement. FTX\'s current CEO, John Ray III, will still testify before the Committee.\nSince FTX filed for bankruptcy protection on November 11, Bankman-Fried’s public statements have painted his involvement in the crypto exchange\'s demise as mismanagement or negligence.\n"I don’t have the answer in front of me. I wasn’t involved much in this process," he said during a Monday interview over Twitter when faced with a string of questions about how FTX valued customer collateral positions.\nBankman-Fried has also made numerous media appearances and continued to tweet regularly about FTX since being ousted from his position with the company last month. In his highest-profile media appearance since FTX\'s collapse last month,Bankman-Fried told The New York Timeshis public comments were being made against the advice of his legal counsel.\nInprepared testimonypublished ahead of Tuesday\'s hearing, Ray outlined several "unacceptable management practices" the new CEO has uncovered so far at the bankrupt crypto exchange.\nRay, who led the liquidation of Enron, alsoverified at least five ways FTXhad been spending its money, including commingling customer assets with its trading arm, Alameda Research. When FTX filed for bankruptcy, the company reported an $8 billion asset hole.\nAs Yahoo Financereported, knowledge, or lack thereof, as to how the crypto platform handled its customers’ funds — as well as other funds — will ultimately determine whether Bankman-Fried, or other decision makers from the now bankrupt firm, will face civil claims or criminal accusations tied to the collapse\nDavid Hollerith is a senior reporter at Yahoo Finance covering the cryptocurrency and stock markets. Follow him on Twitter at@DsHollers\nClick here for the latest crypto news, updates, values, prices, and more related to Bitcoin, Ethereum, Dogecoin, DeFi and NFTs\nRead the latest financial and business news from Yahoo Finance\nDownload the Yahoo Finance app forAppleorAndroid\nFollow Yahoo Finance onTwitter,Facebook,Instagram,Flipboard,LinkedIn, andYouTube', 'Bahamian authorities arrested former FTX founder and CEO Sam Bankman-Fried Monday evening. The development comes one day before Bankman-Fried had agreed to testify before the U.S. House Financial Services Committee regarding the collapse of his Nassau-based exchange. According to a statement shared by the Bahamian Office of the Attorney General & Ministry of Legal Affairs, the Royal Bahamas Police detained Bankman-Fried following receipt of formal notification from the United States it has filed criminal charges against the fallen crypto billionaire. The Attorney General said it will hold Bankman-Fried in custody pursuant to the Bahamas\' extradition treaty. The U.S government\'s extradition treaty with the Bahamas lets the U.S. extradite defendants for charges involving offenses that are crimes in both countries. "Earlier this evening, Bahamian authorities arrested Samuel Bankman-Fried at the request of the U.S. Government, based on a sealed indictment filed by the SDNY," **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-12-13 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $341,056,350,712 - Hash Rate: 280878668.0332757 - Transaction Count: 287224.0 - Unique Addresses: 710573.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.27 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Where do you go to find the world’s top crypto investigators? After an ambitious hiring spree, Binance may be able to claim the title. The crypto exchange is now home to two former IRS agents—Matthew Price and Tigran Gambaryan–with years of experience chasing multi-billion crypto criminals, both on-chain and off-chain. Price and Gambaryan joined Binance shortly after the exchange added to its ranks adark web specialistfrom the law enforcement agency Europol and acompliance directorfrom trading giant eToro. “When I saw crypto and the fact that you have this permanent blockchain record of all the transactions, that kind of really piqued my interest,” Price, head of intelligence and investigations for the Americas atBinance, toldDecrypt. “A lot of the work I did in the intelligence community was using large sources of data and combing through those to find leads or sources—and I saw blockchain as the same opportunity.” Price is a former IRS agent who also spent a stint as a targeting officer with the CIA. At Binance, he is joined by longtime IRS special agent Tigran Gambaryan, now global head of intelligence and investigations at the crypto exchange. For those unfamiliar with the technology, crypto may seem like the perfect tool for financial crime—that’s the reputation crypto often gets in the mainstream media. Price and Gambaryan couldn’t disagree more. And they have plenty of stories to point to. As an agent at IRS Criminal Investigation, Priceled investigations on Helix, a Bitcoin tumbler associated with illicit dark web trades. Helix processed over $310 million in crypto until it went bust. What Are Coin Mixers and How Do They Work? “We reached out to Reddit, we reached out to some forums trying to figure out who was behind the account, and it really led nowhere. Then we really focused on the actual transactions, and the service was charging a fee,” Price explained. Then they noticed a series of small transactions that to them looked like the administrator charging his fee for every transaction he conducted. “So by following that thread, we were able to get links to an identity,” Price said. This convicted criminal’s name was Larry Harmon of Akron, Ohio. And he was an early adopter of Google Glass, Pierce explained. What led to the discovery of his identity was a publicly-shared Google Glass photo of a computer screen showing the Helix administrator page. (Harmonpleaded guiltyand forfeited more than 4,400 Bitcoin.) Such seemingly-trivial mistakes are curiously common for highly paranoid and tech-savvy criminals, Price explained. Gambaryan has similar stories to tell. He began his crypto journey as early as 2011 while working in the Oakland and San Francisco office of the IRS. He’s one of the main names behind some of the most high-profile crypto investigations ever conducted. His investigations include the 2014Mt. Gox hack, in which users lost $350 million. He also led an investigation on theBTC-e exchange, the founder of which was accused of laundering 300,000 Bitcoin between 2011-2017. Perhaps most famously, Gambaryan led the first investigation where crypto was traced back to the real identity of criminals in what is now known as the Silk Road corruption investigations. The crypto criminals in that case were two federal agents who were assigned to work the Silk Road case, the now-defunct dark web marketplace where Bitcoin was used for illicit trades. Gambaryan compiled acomprehensive Criminal Complaint, detailing the actions of the two federal agents, which led to their conviction. Despite a lifetime spent pursuing crypto crimes, Gambaryan retains a level-headed view of crypto. “Cryptocurrency is just like any other financial tool that can be used for legal or illegal purposes,” he said. One big difference between crypto and traditional finance is the many hurdles the latter throws up in investigators’ path. “Money launderers understood that when you set up offshore entities, and you set up offshore bank accounts, that slows down law enforcement. As an investigator, you're now required to go through processes for months to get bank records for different financial institutions around the world,” Gambaryan said. “And by the time you actually get to the target, the target is gone.” How Binance Is Training Law Enforcement Around the World to Combat Crypto Crime “But what cryptocurrency allows us to do is skip that whole thing,” he said. Price explained that “a lot of the investigation techniques are the same,” since it’s mostly data analysis. “But it's also knowing how to operationalize that data,” he said. And getting the support of crypto exchanges when working on an investigation is key, he explained. As former IRS agents, they found crypto exchanges—not just Binance—a complete fresh breeze, miles away from begrudging banks. In their new roles at Binance, things hardly feel any different from their times at the IRS. They still work on crime investigations, as they normally would. And this time, they’re able to help colleagues at the IRS. Between November 2021 and September 2022, the Binance Investigations team responded to more than 27,000 law enforcement requests with an average of three days response time. “This is bleeding edge stuff. It's constantly changing. It's constantly evolving, but I can speak directly to the people involved in it. And then I can use that information to help law enforcement identify and go after the guys they're seeking to exploit it,” Pierce said.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening: Prices: Bitcoin and other cryptos liked the sound of inflation slowing by more than expected in November. Insights: The South Korean city of Busan wants to be a blockchain hub, but it is forgetting a few inconvenient truths. Prices CoinDesk Market Index (CMI) 885.54 +21.7 ▲ 2.5% Bitcoin (BTC) $17,765 +554.0 ▲ 3.2% Ethereum (ETH) $1,319 +43.8 ▲ 3.4% S&P 500 daily close 4,019.65 +29.1 ▲ 0.7% Gold $1,822 +41.2 ▲ 2.3% Treasury Yield 10 Years 3.5% ▼ 0.1 BTC/ETH prices per CoinDesk Indices ; gold is COMEX spot price. Prices as of about 4 p.m. ET Inflation Slows, Bitcoin Accelerates By James Rubin Former FTX boss and crypto wunderkind Sam Bankman-Fried went to a Bahamian jail, was denied bail and verbally pummeled at a congressional hearing by the executive who replaced him as the exchange\'s CEO. Binance saw a torrent of withdrawals hours after a report that U.S. prosecutors were considering criminal charges against the exchange . Shares of crypto-friendly bank Silvergate plummeted to a two-year low. The digital asset industry had a memorable 24 hours, though not for the reasons it would prefer. Yet, crypto markets only had eyes for encouraging inflation figures from November. Bitcoin was recently trading at $17,765, a 3.2% gain over the past 24 hours, as investors embraced the latest consumer price index (CPI) data, which showed prices rising 7.1%, lower than the 7.3% projected by economists responding to a FactSet survey. The CPI soared over 9% earlier this year. “It’s pretty clear that the back of inflation has been broken," Jacob Sansbury, co-founder and CEO of Pluto , a provider of DIY automated investing services for retail investors, wrote to CoinDesk. After all, CPI prints are trailing indicators." Sansbury added: "This is an auspicious sign for bitcoin and crypto, along with other risk assets. I’m not saying that a bottom has formed yet fully for the crypto market, but from today’s lower-than-expected CPI print, it’s pretty clear that a bottom is very, very close." Story continues Ether was recently changing hands at $1,319, also up 3.4% from Monday, same time. Most other major cryptos had a solid green hue with AVAX, the token of base layer network Avalanche, and LINK, the token of software platform, Chainlink recently rising 5.8% and 3.2%, respectively. The CoinDesk Market Index (CDI), an index measuring cryptos\' performance, recently climbed nearly 2.4%. U.S. equity indexes embraced the encouraging CPI figures more quietly as the tech-heavy Nasdaq and S&P 500 climbed 1% and 0.7%, respectively. The Bureau of Labor Statistics on Tuesday also showed core inflation, which excludes more volatile food and fuel costs, increasing 6% versus expectations of 6.2% and offered additional evidence that the U.S. central bank\'s monetary hawkishness during the past six months has been working. U.S. Treasury yields, which hovered above 4% just a few months ago, sank to 3.5% on Tuesday. On Wednesday, the Fed is likely to raise the interest rate 50 basis points (bps), a decline from its streak of four straight 75 bps increases. Meanwhile, Bankman-Fried was remanded to custody and will face an extradition hearing on Feb. 8, 2023. The U.S. Attorney\'s Office for the Southern District of New York unsealed the indictment earlier on Tuesday, announcing that officials were charging Bankman-Fried with wire fraud, conspiracy to commit money laundering and campaign violation allegations, among other alleged crimes. FTX collapsed last month after CoinDesk found irregularities in its balance sheet. In a Tweet on Tuesday, Binance founder and CEO Changpeng "CZ" Zhao wrote that he welcomed a “stress test” of withdrawals on his exchange to address rising user redemption requests from the platform. Of cryptos\' Tuesday price surge, Bob Ras, co-founder of exchange and digital asset ecosystem Sologenic, noted cautiously in an email to CoinDesk that the bounce was not "as substantial as many had hoped for." "This isn’t to say there won’t be more upside for major crypto assets here soon. It’s certainly possible, if not likely," he wrote, adding that the emergence of China from its Covid lockdowns, could affect inflation in the months ahead. "There’s just too much uncertainty for a full-blown market breakout for crypto assets and equities that are further along the risk curve,” he wrote. Biggest Gainers Asset Ticker Returns DACS Sector Avalanche AVAX +5.7% Smart Contract Platform Solana SOL +3.9% Smart Contract Platform Chainlink LINK +3.5% Computing Biggest Losers Asset Ticker Returns DACS Sector Loopring LRC −0.9% Smart Contract Platform Stellar XLM −0.5% Smart Contract Platform Gala GALA −0.1% Entertainment Insights By Sam Reynolds The South Korean city of Busan seems hell-bent on being a blockchain hub. But will anyone care about its government enterprise blockchain initiatives and quest to build the first city-run crypto exchange? Part of Busan’s status as the "center of a global digital information ecosystem," as government literature describes it, is to integrate blockchain technology into all facets of government service. That means, according to The Korea Herald, that blockchain will be the technology that powers the city’s blockchain-based ID service called B-Pass, B-Fresh, its seafood logistics service, B-Tour, a tour platform, to name a few. The problem is this initiative represents yesterday’s thinking on blockchain. Others have tried integrating permissioned enterprise blockchain into digital infrastructure, and it has failed. A few weeks ago, CoinDesk reported that two major enterprise blockchain projects were ending: Shipping giant Maersk and IBM abandoned TradeLens, a blockchain solution for optimizing supply chains, while the Australian Stock Exchange said it was abandoning a blockchain-powered clearing and settlement system because of a poor cost-benefit ratio. “It’s a Web2 business model, but a little bit of Web3 pixie dust sprinkled on. And once the pixie dust kind of wears off, the value proposition doesn’t look so hot,” Paul Brody, head of blockchain at global consulting giant Ernst & Young, told CoinDesk in a previous article. This is on top of IBM’s blockchain team being effectively wound down in early 2021, and Microsoft discontinuing its Azure cloud services for blockchain a few months later. It isn’t exactly clear how the powers that be in Busan will do anything differently that could change the equation on enterprise blockchain. It’s probably that they can’t. Blockchain remains slow The reason why there hasn’t been a success story in this field is that the technology itself is slow compared to other database platforms. “The problem was the cost in computing power to implement. Blockchain technology is slow and requires a great deal more computer power. Blockchain is the Model T of distributed ledger technology. They are amazing but now dated,” explained Burke Files, a consultant, when asked about why the U.S. Food and Drug Administration isn’t implementing blockchain technology as it once claimed . Busan’s other blockchain venture is the creation of a government-run crypto exchange. In a recent announcement from the city , authorities said that the project had some setbacks, but its still on track for a launch next year. Setbacks indeed. FTX was an early contractor on the project, but that’s obviously not going to work now that the exchange has collapsed and the former CEO has been arrested. Binance and Huobi are also involved, but there’s been little to show for what should be a very simple project. Even if it\'s built, will anyone want to use it? There will certainly be benefits for traders when it comes to Korean won on-ramps and expedited know-your-customer procedures. But will people be comfortable trading on a government-run platform? It’s a fiat exchange, and many will no doubt find it antithetical to Satoshi’s vision for crypto. Busan might also be opening itself to some major headaches via liabilities. What if the exchange is hacked? Or what if a listed token is the victim of a rug pull? When dealing with offshore exchanges this can add a level of complexity, but serving the city of Busan with a legal notice will be a lot easier for a Korean lawyer then tracking down an exchange that’s registered in Seychelles but has no central office. Of course, the whole thing could be a Potemkin Village designed to look like busy work and extract dollars from tax payers. When CoinDesk visited the Busan blockchain center in August, it was just a co-working space with a handful of people. Hardly indicative of the makings of a global technology hub. Important events 3:00 p.m. HKT/SGT(7:00 UTC) Great Britain Consumer Price Index (YoY/Nov) 3:00 a.m. HKT/SGT(19:00 UTC) United States Fed Interest Rate Decision 5:45 a.m. HKT/SGT(21:45 UTC) New Zealand Gross Domestic Product (YoY/Q3) CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Sam Bankman-Fried Arrested in the Bahamas, SEC Charges Former FTX CEO With Defrauding Investors As the world watches, major events impacting crypto are unfolding simultaneously. Congressional hearings on the collapse of FTX began just hours after Sam Bankman-Fried was arrested in the Bahamas. New U.S. economic data showed the consumer price index (CPI) rose at a 7.1% annual pace in November, which was down from October, a sign that inflation is cooling. Crypto markets have reacted positively. "First Mover" guests included Kennyhertz Perry partner Braden Perry, Defiance ETFs co-founder and CEO Sylvia Jablonski and whistleblower and Nym security consultant Chelsea Manning. Headlines FTX Founder Sam Bankman-Fried Denied Bail in the Bahamas: Bankman-Fried was arrested Monday. With Founder Facing Charges, New CEO Says FTX Embezzled Customer Cash: Sam Bankman-Fried is now a criminal defendant, and CEO John Ray III told lawmakers FTX embezzled customer funds "right in front of their eyes." Crypto Market’s Near-Apo **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-12-14 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $343,070,169,125 - Hash Rate: 251939653.75105944 - Transaction Count: 276441.0 - Unique Addresses: 673994.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.30 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Iris Energy (IREN), the bitcoin miner that last month said some of its mining equipment isn't producing enough cash to meet its financing obligations, was hit by a class-action lawsuit. The suit was filed in the U.S. District Court for the District of New Jersey. The suit alleges that Iris Energy has repeatedly given out materially false information and misled investors, starting with the documentation for the firm's 2021 initial public offering. Those documents were negligently prepared and failed to disclose certain of the mining machines, "owned through its Non-Recourse SPVs [non-recourse special purpose vehicles], were unlikely to produce sufficient cash flow to service their respective debt financing obligations." Iris Energy continued to mislead investors throughout 2022 as its shares were traded on the Nasdaq. The miner downplayed the severity of its debt and sought to assure investors by playing up its strategy of "operational efficiency and securing additional financing," the suit said. However, some of the company's procured hardware was unlikely to produce enough cash to service the associated debt, so Iris Energy's debt was not as sustainable as presented, which would in turn have a material effect on the company's operations and financials. On Nov. 2, Iris Energy revealed that it was in discussions to restructure over $100 million of equipment loans because the machines in question did not produce enough cash to service the debt. The firm later received default notices on that debt, admitting that the mining machines will likely be seized by the lender. On Nov. 18, Iris had to unplug the related equipment . That took out 3.6 EH/s of computing power offline, bringing IREN's average hashrate to 1.4 EH/s in November . Because the debt was held by Non-recourse SPVs, Iris Energy's co-founder and co-CEO Dan Roberts has reportedly argued that it is incorrect to say that the miner defaulted on its obligations. In its latest monthly update released on Tuesday, Iris Energy said it is considering selling 0.4 EH/s of machines. Read more: Bitcoin Miner Iris Energy Faces Default Claim on $103M of Equipment Loans UPDATE (DEC. 13, 13:54 UTC): Adds details and summation of CEO interview.... - 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:** ['Good morning. Here’s what’s happening: Prices: Bitcoin rose early but later fell after Federal Reserve Chair Jerome Powell damped enthusiasm stemming from a less-aggressive rate hike with hawkish comments. Insights: Is Dr. Copper\'s recent upturn a positive sign for bitcoin? Prices CoinDesk Market Index (CMI) 882.47 −3.1 ▼ 0.4% Bitcoin (BTC) $17,811 +32.7 ▲ 0.2% Ethereum (ETH) $1,308 −13.3 ▼ 1.0% S&P 500 daily close 3,995.32 −24.3 ▼ 0.6% Gold $1,819 +5.2 ▲ 0.3% Treasury Yield 10 Years 3.5% ▲ 0.0 BTC/ETH prices per CoinDesk Indices ; gold is COMEX spot price. Prices as of about 4 p.m. ET Bitcoin Seesaws but Holds at $17.8K By James Rubin Bitcoin looked primed to continue its momentum this week before U.S. central bank Chair Jerome Powell damped investors\' mood with a pointed reminder that the Fed was not finished with its monetary hawkishness even after lowering its latest interest rate hike to 50 basis points. The largest cryptocurrency by market capitalization was recently trading at $17,811, roughly where it stood 24 hours earlier. BTC had topped $18,300 earlier in the day following an unexpected slowing in November\'s inflation data and the Fed\'s anticipated dovish turn. But in a press conference following the Federal Open Market Committee\'s (FOMC) rate announcement, Powell returned to a months-long theme that rising prices presented the biggest threat to the economy. “50 basis points is still a historically large increase and we still have some ways to go,” Powell said at a press conference following the FOMC statement. Ether followed a similar pattern, rising earlier in the day before dropping to trade at $1,308, down about a percentage point from Tuesday, same time. Most other major cryptocurrencies were in the red, albeit not by much with UNI, the token of decentralized exchange Uniswap, and LINK, the token of software platform Chainlink, falling 3.2% and 3.1%, respectively. The CoinDesk Market Index (CDI), an index measuring cryptos\' performance, recently sank 0.33%. Story continues Equity indexes troubled by Powell\'s comments closed down with the tech-heavy Nasdaq and S&P 500 off 0.8% and 0.5%, respectively. Tuesday\'s consumer price index fell to 7.1%, lower than the 7.3% projected by economists responding to a FactSet survey. The Fed\'s latest rate increase the federal funds target range to 4.25%-4.5%, the highest level in 15 years. Powell has signaled that the terminal rate – the peak rate for the current hiking cycle, expected sometime next year – will likely be over 5%. The federal funds rate is the interest rate that banks charge each other to borrow and lend money. Meanwhile, U.S. Senators Elizabeth Warren (D-Mass.) and Roger Marshall (R-Kan.) are introducing a bill to crack down on money laundering and financing of terrorists and rogue nations via cryptocurrency. The Digital Asset Anti-Money Laundering Act would bring know-your-customer (KYC) rules to crypto participants such as wallet providers and miners and prohibit financial institutions from transacting with digital asset mixers, which are tools designed to obscure the origin of funds. Edward Moya, senior market analyst at foreign exchange market maker Oanda, noted in an email that the current Congress, which is in its final weeks, is unlikely to pass the legislation, but that "the Act would address some national security concerns as it requires crypto firms to play by the same rules that apply to banks and traditional firms." Biggest Gainers Asset Ticker Returns DACS Sector Solana SOL +1.7% Smart Contract Platform Bitcoin BTC +0.2% Currency Biggest Losers Asset Ticker Returns DACS Sector Gala GALA −3.2% Entertainment Dogecoin DOGE −3.0% Currency Chainlink LINK −2.9% Computing Insights \'Dr. Copper\' Offers Encouragement for Bitcoin Investors By Glenn Williams Jr. Bitcoin’s correlation with copper, which moved into positive territory following the Thanksgiving holiday, has continued to rise. The increase is significant, given copper’s traditional link to economic health. Analysts often view copper as a proxy for growth, affectionately calling it “Dr. Copper” for its professorial ability to forecast trends. So copper doing well bodes well for the economy, which bodes well for bitcoin. (TradingView) Markets have been looking favorably upon copper, with the price of its futures contract increasing 8% over the last three weeks. If historic relationships hold true, this trend would imply market confidence about U.S. economic prospects. By contrast, bitcoin (BTC) has maintained a strong negative correlation with the U.S. Dollar index (DXY). Investors will be watching this index in the weeks ahead, particularly after the Fed\'s Federal Open Market Committee (FOMC) trimmed its interest rate hike to 50 basis points on Wednesday from its previous, more aggressive 75 bps increases. Still, Fed Chair Jerome Powell was unexpectedly hawkish in his comments following the rate announcement, reiterating long-held concerns about inflation. Will bitcoin follow Dr. Copper’s prescription or follow the lead of the U.S. Dollar Index? The upcoming weeks will be interesting to watch. Important events 8:30 a.m. HKT/SGT(00:30 UTC) Australia Unemployment Rate s.a. (Nov) 10:00 a.m. HKT/SGT(2:00 UTC) China Retail Sales (YoY/Nov) 9:15 p.m. HKT/SGT(13:15 UTC) European Central Bank Monetary Policy Decision Statement CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : FTX Founder Sam Bankman-Fried Denied Bail; Bitcoin Rising Ahead of Key Fed Decision While Sam Bankman-Fried is remanded into custody after a Bahamas judge ruled he should be denied bail, the U.S. Senate Banking Committee had its turn probing witnesses about the FTX collapse. Rep. Ritchie Torres (D-N.Y.) joined "First Mover" to discuss the latest developments and his recent legislation targeting crypto exchanges. Also, Matt Stoller of the American Economic Liberties Project joined. Plus, 3IQ\'s Mark Connors shared his crypto markets outlook ahead of today\'s much anticipated Federal Reserve decision on interest rates. Headlines Binance CEO Changpeng \'CZ\' Zhao Warns Staff of Turbulent Times: "While we expect the next several months to be bumpy, we will get past this challenging period," CZ said while assuring the organization is built to last. Citi Says Crypto Market Leverage, Open Interest Are Historically Low: The bank expects a broader focus on decentralization in 2023 following this year’s failings in centralized crypto ventures. Indian Crypto Traffic Took a Nosedive as Tax Regime Tightened: The government\'s two taxes have cut usage of Indian crypto platforms, although interest in Binance has remained steady because that exchange is out of the country\'s jurisdiction. US Senators Warren, Marshall Introduce Digital Assets Anti-Money Laundering Bill: The proposal will bring know-your-customer rules to crypto participants such as wallet providers and miners. FTX Hearing in US Senate Reveals Congress Doesn’t Have Immediate Answers: As the crypto industry’s epic disaster continues to unfold with a criminal case and regulatory actions, U.S. senators didn’t find any clear path during a Wednesday hearing.', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin rose early but later fell after Federal Reserve Chair Jerome Powell damped enthusiasm stemming from a less-aggressive rate hike with hawkish comments.\nInsights:Is Dr. Copper\'s recent upturn a positive sign for bitcoin?\nCoinDesk Market Index (CMI)\n882.47\n−3.1▼0.4%\nBitcoin (BTC)\n$17,811\n+32.7▲0.2%\nEthereum (ETH)\n$1,308\n−13.3▼1.0%\nS&P 500 daily close\n3,995.32\n−24.3▼0.6%\nGold\n$1,819\n+5.2▲0.3%\nTreasury Yield 10 Years\n3.5%\n▲0.0\nBTC/ETH prices perCoinDesk Indices; gold is COMEX spot price. Prices as of about 4 p.m. ET\nBitcoin Seesaws but Holds at $17.8K\nBy James Rubin\nBitcoin looked primed to continue its momentum this week before U.S. central bank Chair Jerome Powell damped investors\' mood with a pointed reminder that the Fed was not finished with its monetary hawkishness even after lowering its latest interest rate hike to 50 basis points.\nThe largest cryptocurrency by market capitalization was recently trading at $17,811, roughly where it stood 24 hours earlier. BTC had topped $18,300 earlier in the day following an unexpected slowing in November\'s inflation data and the Fed\'s anticipated dovish turn. But in a press conference following the Federal Open Market Committee\'s (FOMC) rate announcement, Powell returned to a months-long theme that rising prices presented the biggest threat to the economy.\n“50 basis points is still a historically large increase and we still have some ways to go,” Powell said at a press conference following the FOMC statement.\nEther followed a similar pattern, rising earlier in the day before dropping to trade at $1,308, down about a percentage point from Tuesday, same time. Most other major cryptocurrencies were in the red, albeit not by much with UNI, the token of decentralized exchange Uniswap, and LINK, the token of software platform Chainlink, falling 3.2% and 3.1%, respectively.\nTheCoinDesk Market Index(CDI), an index measuring cryptos\' performance, recently sank 0.33%.\nEquity indexes troubled by Powell\'s comments closed down with the tech-heavy Nasdaq and S&P 500 off 0.8% and 0.5%, respectively. Tuesday\'s consumer price index fell to 7.1%, lower than the 7.3% projected by economists responding to a FactSet survey.\nThe Fed\'s latest rate increase the federal funds target range to 4.25%-4.5%, the highest level in 15 years. Powellhas signaledthat the terminal rate – the peak rate for the current hiking cycle, expected sometime next year – will likely be over 5%. The federal funds rate is the interest rate that banks charge each other to borrow and lend money.\nMeanwhile, U.S. Senators Elizabeth Warren (D-Mass.) and Roger Marshall (R-Kan.) are introducinga bill to crack down on money launderingand financing of terrorists and rogue nations **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-12-15 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $340,256,314,875 - Hash Rate: 236618999.1310626 - Transaction Count: 276713.0 - Unique Addresses: 691792.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.31 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: By Lisa Pauline Mattackal and Medha Singh (Reuters) - A growing number of funds are betting on the long-term appeal of bitcoin and ether, a gritty gambit in the depths of a crypto winter. Unfazed by a collapse in prices over the past 11 months, investment firms have unleashed a flurry of exchange-traded funds, anticipating that elite cryptocurrencies and their underlying technology will eventually prevail. Of more than 180 total active crypto exchange traded products (ETPs) and trust products globally, half have launched since the bitcoin bear market started, Morgan Stanley said in a note published this month. The proliferation came even as the total value of assets in the market slumped 70% to $24 billion in that period as crypto prices tanked. About 95% of those 180 funds are focused on the top two coins, bitcoin and ether, Morgan Stanley said. "Naturally when the market is slower, prices are lower, people have lost money, the intensity of the appetite does diminish," said Chen Arad, co-founder of crypto risk monitoring firm Solidus Labs. "But it's not the case in the long run. As a whole, I don't think anyone is giving up." The attraction of ETPs is that they provide exposure to digital assets on a regulated stock exchange, so retail and institutional investors don't have to worry about securely storing their crypto and eluding hacks and heists. In terms of money, cryptocurrency investment products have attracted about $453 million in net inflows this year with much of it going into bitcoin and investment vehicles that include the biggest cryptocurrencies, according to a report from digital asset manager Coinshares. "There is more asset allocation towards baskets that combine the top five or 10 crypto assets by market cap. It's a flight to quality compared to alternative assets in the crypto industry," said Eliezer Ndinga, director of research at 21shares. Other major cryptocurrencies include solana, cardano and ripple. Story continues TICK BY TICK Most active crypto ETP products are registered outside the United States, though, with Switzerland, Canada, Australia and Brazil racing ahead with spot crypto offerings. One reason is that U.S. regulators have turned down several applications for spot bitcoin funds, which mirror the cryptocurrency's price movements tick-by-tick, citing multiple reasons including a lack of surveillance-sharing agreements with regulated markets relating to the spot funds' underlying assets. Investors in futures-based funds must often shoulder the additional cost of the futures rollover as contracts approach settlement day, to maintain their position. Bitcoin has lost 17% in the past three months, while ProShares Bitcoin Strategy's ETF, which tracks bitcoin futures, has shed about 21%. The world's largest bitcoin fund, Grayscale Bitcoin Trust, is down 34% in the same time. ProShares Bitcoin Strategy ETF, has seen assets under management (AUM) shrink to just over $600 million as of the end of September, according to Refinitiv Lipper data. At its debut a year ago it pulled in over $1 billion in a matter of days. At Grayscale's Bitcoin Trust, the AUM have tumbled to $12.2 billion from over $30 billion at the end of 2021, data from the firm showed. Will Peck, head of digital assets at WisdomTree, whose spot bitcoin ETF was blocked by U.S. watchdogs last week, said he wasn't surprised by the decision, but expressed hope that an agreement could be reached. "I think we'll ultimately get there. But we'll be in a holding pattern for the foreseeable future." GRAPHIC - Allure for crypto funds https://graphics.reuters.com/FINTECH-CRYPTO/WEEKLY/lgpdwrydyvo/chart.png (Reporting by Medha Singh and Lisa Pauline Mattackal in Bengaluru; Editing by Vidya Ranganathan and Pravin Char)... - Reddit Posts (Sample): [['u/Ryuugyo', 'So I guess I am a Bitcoin believer now', 225, '2022-12-15 00:05', 'https://www.reddit.com/r/Bitcoin/comments/zm5621/so_i_guess_i_am_a_bitcoin_believer_now/', "Never thought this day would come. I am an environmentalist. That's part of what prevents me from acquiring Bitcoin.\n\nBut I am more of a libertarian than an environmentalist. Late fiscal policy made by this whole Covid19 thing, and now CDBC begins to be rolled out everywhere. I have no choice.\n\nHere I am Bitcoiners. I am one of yours now.\n\nI'd rather have this planet burn than having the government control our freedom.", 'https://www.reddit.com/r/Bitcoin/comments/zm5621/so_i_guess_i_am_a_bitcoin_believer_now/', 'zm5621', [['u/here_4_crypto_', 60, '2022-12-15 00:10', 'https://www.reddit.com/r/Bitcoin/comments/zm5621/so_i_guess_i_am_a_bitcoin_believer_now/j092za2/', 'Environmentalist? I thought you needed a private jet to be that.', 'zm5621'], ['u/[deleted]', 83, '2022-12-15 00:18', 'https://www.reddit.com/r/Bitcoin/comments/zm5621/so_i_guess_i_am_a_bitcoin_believer_now/j0944er/', 'You will learn Bitcoin is good for the environment', 'zm5621'], ['u/Leading_Zeros', 134, '2022-12-15 00:20', 'https://www.reddit.com/r/Bitcoin/comments/zm5621/so_i_guess_i_am_a_bitcoin_believer_now/j094aii/', 'Environmentalist just need to understand there is a disconnect between energy consumption and energy production. You can consume curtailed and otherwise wasted energy to make the industry more efficient and even be net-positive for the environment.\n\n"This Machine Greens" - Bitcoin Documentary\n\n[https://youtu.be/b-7dMVcVWgc](https://youtu.be/b-7dMVcVWgc)', 'zm5621'], ['u/Quiet_Satisfaction11', 105, '2022-12-15 00:21', 'https://www.reddit.com/r/Bitcoin/comments/zm5621/so_i_guess_i_am_a_bitcoin_believer_now/j094h47/', 'Sorry to pop your bubble but bitcoin is the best thing we have to save the planet by using a limited supply money, consumerism of today will be greatly reduced', 'zm5621'], ['u/llewsor', 15, '2022-12-15 00:30', 'https://www.reddit.com/r/Bitcoin/comments/zm5621/so_i_guess_i_am_a_bitcoin_believer_now/j095pj5/', 'read this thread from someone who works in the energy industry:\nhttps://www.reddit.com/r/CryptoCurrency/comments/zf10j5/ethereums_energy_switch_saves_as_much_electricity/iz9ibgw\n\ncontrary to what you’ve heard, bitcoin will actually kickoff the green energy production revolution.', 'zm5621'], ['u/itsybitsybtc', 27, '2022-12-15 00:32', 'https://www.reddit.com/r/Bitcoin/comments/zm5621/so_i_guess_i_am_a_bitcoin_believer_now/j0963ky/', 'As an environmentalist who is now laser eyed, I highly recommend you look into Troy Cross: https://twitter.com/thetrocro?s=21&t=vg6KxddZYsRX0KAlI7FCJA\n\nFind him on podcasts, tweets, articles etc. You will quickly come to see Bitcoin as an environmental solution.', 'zm5621'], ['u/TaiwanNumberOne1', 11, '2022-12-15 00:34', 'https://www.reddit.com/r/Bitcoin/comments/zm5621/so_i_guess_i_am_a_bitcoin_believer_now/j096ao5/', '👏\n\nI would send a lightning tip but I have no sats lol', 'zm5621'], ['u/Background_Math_715', 11, '2022-12-15 01:02', 'https://www.reddit.com/r/Bitcoin/comments/zm5621/so_i_guess_i_am_a_bitcoin_believer_now/j09a4r9/', '!lntip 1000 ⚡\n\nHere you go my friend.', 'zm5621'], ['u/z6xgy7u6', 10, '2022-12-15 01:02', 'https://www.reddit.com/r/Bitcoin/comments/zm5621/so_i_guess_i_am_a_bitcoin_believer_now/j09a6ar/', ">I am an environmentalist. That's part of what prevents me from acquiring Bitcoin.\n\nNot sure if this is a troll post but you gave me a good chuckle with those two sentences :D", 'zm5621'], ['u/funkybeatz911', 19, '2022-12-15 01:06', 'https://www.reddit.com/r/Bitcoin/comments/zm5621/so_i_guess_i_am_a_bitcoin_believer_now/j09aoij/', 'Thankfully you can have freedom and a thriving environment, because the totalitarians who want to keep their control have been lying to you about the environmental impact.', 'zm5621'], ['u/n8dahwgg', 58, '2022-12-15 01:54', 'https://www.reddit.com/r/Bitcoin/comments/zm5621/so_i_guess_i_am_a_bitcoin_believer_now/j09h63l/', 'Wait till you hear about how mining is incentivizing green energy production', 'zm5621'], ['u/Ryuugyo', 14, '2022-12-15 02:44', 'https://www.reddit.com/r/Bitcoin/comments/zm5621/so_i_guess_i_am_a_bitcoin_believer_now/j09nrn6/', 'Consumerism need to go down for sure.', 'zm5621'], ['u/savinelli_smoker', 31, '2022-12-15 03:55', 'https://www.reddit.com/r/Bitcoin/comments/zm5621/so_i_guess_i_am_a_bitcoin_believer_now/j09xeyx/', 'When your money is valuable and scarce, you don’t carelessly spend it on junks. Consumerism of today is the direct result of cheap money.', 'zm5621'], ['u/backcountrydrifter', 27, '2022-12-15 04:04', 'https://www.reddit.com/r/Bitcoin/comments/zm5621/so_i_guess_i_am_a_bitcoin_believer_now/j09yjk4/', 'A deflationary economy means no more fast junk. Food, fashion, cheap electronics. \n\nDeflationary economy is a craftsman economy mainly because your money is worth more tomorrow than it is today, so you will think long and hard before buying “junk” and throwing it away. \n\nAnd for the record, I am also a pretty hardcore conservationist and environmentalist. I believe that the adoption of Bitcoin will do more to arrest the release of methane into the environment than anything else can or will. \n\nCombined with a deflationary economy as opposed to a “build/consume/waste because 6% growth to infinity is the only way we prosper” economy will right so many of the broken systems in the world organically', 'zm5621'], ['u/Future_PeterSchiff', 74, '2022-12-15 04:29', 'https://www.reddit.com/r/Bitcoin/comments/zm5621/so_i_guess_i_am_a_bitcoin_believer_now/j0a1qzt/', 'Do you realize that Bitcoin has been behind the largest development of green energy technology like solar panels and battery storage facilities too date? \n\nThanks to Bitcoin, the largest solar panel and battery farm in the world is being built in Texas after a partnership with Tesla and a bunch of Bitcoin mining companies like Blockstream and Block.\n\nThe Navajo nation now has a solar farm and battery storage facility providing hundreds of new jobs for them and growing, all thanks to their Bitcoin mining operations\n\nBitcoin mining thrives on cheap electricity, and there is no cheaper electricity than that which is provided by the sun for free, harnessed through solar panels and stored in batteries for later consumption until the sun rises again the next day to start the charge and usage cycle all over again. \n\nA perfect clean circle of energy generation and storage, and the only ones incentivized to invest and develop it to the level needed are those whose businesses thrive on the lowest cost source of electricity, a free source of electricity that allows them to HODL the most finite asset in existence that they mine with that free electricity to experience that assets long term value appreciation; Bitcoin miners.\n\nI’m also an environmentalist, and that is the biggest reason I became a Bitcoin miner. It was the only feasible way to invest in green energy formation and storage technology and make it profitable enough to be able and continue to develop more\n\nThanks to Bitcoin, we might actually have enough solar, wind, and battery farms one day to rid ourselves of the dirty energy production companies. \n\nThe irony that so called environmentalist today bash Bitcoin, while it does more to create the infrastructure we needed to achieve 100% green energy production and storage one day than any other industry, is astounding', 'zm5621'], ['u/thecahoon', 46, '2022-12-15 05:26', 'https://www.reddit.com/r/Bitcoin/comments/zm5621/so_i_guess_i_am_a_bitcoin_believer_now/j0a8pmr/', 'OP it\'s honestly kind of insulting to bitcoiners to go around parading that you\'re not convinced and skeptical about bitcoin and the environment. Go do more research then, this isn\'t a matter of opinion, its simple logic, bitcoin mining only happens where energy is cheap by the nature of economics and the competition inherant in bitcoin mining. I\'m so sick of people conflating energy use = bad for the environment I could almost slap you if you were in the room with me. The environmentalists in europe are now burning coal as all their plans backfired and yet you\'re still coming here like "you guys win fuck the planet". Not the point OP. Stop it.', 'zm5621'], ['u/simplelifestyle', 41, '2022-12-15 06:15', 'https://www.reddit.com/r/Bitcoin/comments/zm5621/so_i_guess_i_am_a_bitcoin_believer_now/j0advj1/', 'BTC is GOOD for the environment.\n\nThese are some relevant links debunking the Bitcoin energy usage FUD:\n\n> Thanks to Bitcoin, [the largest commercial solar panel and battery farm in the world is being built in Texas after a partnership with Tesla and a bunch of Bitcoin mining companies like Blockstream and Block.](https://www.cnbc.com/2022/04/08/tesla-block-blockstream-to-mine-bitcoin-off-solar-power-in-texas.html).\n> \n> The [Navajo nation now has a solar farm and battery storage facility providing hundreds of new jobs for them and growing, all thanks to their Bitcoin mining operations](https://youtu.be/b94XAejlFa8).\n> \n> Bitcoin mining [thrives on cheap electricity, and there is no cheaper electricity than that which is provided by the sun for free, harnessed through solar panels and stored in batteries for later consumption until the sun rises again the next day to start the charge and usage cycle all over again](https://assets.ctfassets.net/2d5q1td6cyxq/5mRjc9X5LTXFFihIlTt7QK/e7bcba47217b60423a01a357e036105e/BCEI_White_Paper.pdf).\n> \n> A [perfect clean circle of energy generation and storage, and the only ones incentivized to invest and develop it to the level needed are those whose businesses thrive on the lowest cost source of electricity, a free source of electricity that allows them to HODL the most finite asset in existence that they mine with that free electricity, to experience the long term value appreciation of that asse... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin and Ether prices fell in Friday morning trading in Asia, along with most of the top 10 non-stablecoin cryptocurrencies, as U.S. stocks had their biggest declines in weeks overnight on fears the Federal Reserve’s commitment to raising interest rates will drive the economy into a recession. Dogecoin was the biggest loser.\nSee related article:Crypto market implosions, bankruptcies bring sweeping job losses … and opportunity\n• Bitcoin lost 2.51% to US$17,364 in the 24 hours to 8 a.m. in Hong Kong. The Ether price fell 3.25% to US$1,266, according toCoinMarketCap data.\n• Dogecoin posted the biggest drop, losing 4.14% to US$0.0847 as long-time advocate Elon Musk’s Tesla Inc. shares hit a two-year low. Reports on ThursdaysaidMusk had sold US$3.6 billion worth of Tesla stock this week, bringing his total sales of Tesla shares this year to almost US$40 billion.\n• Dogecoin tends to fluctuate on Musk’s fortunes as he has indicated the memecoin could be used in a Twitter payment system after he bought the social media platform this year.\n• BNB, the native token of Binance Global Inc., fell another 3.51% to US$258. BNB has slumped 11.40% over the last seven days amid reports that the Binance cryptocurrency exchange is under investigation by the U.S. Justice Department for alleged money laundering.\n• The total crypto market capitalization fell 2.41% to US$846.26 billion, while trading volume in the last 24 hours fell 20.50% to US$35.69 billion.\n• U.S. equities posted sharp falls on Thursday, with the Dow Jones Industrial Average losing 2.25%. The S&P 500 Index fell 2.49% and the Nasdaq Composite Index dived 3.23% amid recession concerns.\n• The U.S. Federal Reserve raised interest rates by the expected 50-basis points on Wednesday, bringing rates to between 4.25% and 4.5% — the highest level in 15 years. However, markets were spooked by Fed Chair Jerome Powell’s comments following the rate rise, saying more hikes are ahead as evidence shows inflation is cooling, but has not yet peaked.\n• The Fed’s rate hike was followed by the Bank of England, European Central Bank and Swiss National Bank.\n• The Fed raised rates by 75 basis-points in the prior four consecutive meetings in a campaign to lower inflation in the U.S. economy. It started the tightening in March, raising rates from near zero to a 15-year high of 3.75% to 4%, and has signaled that rates may end up exceeding 5%.\n• The U.S. consumer price index released on Tuesday showed that inflation was up 7.1% in November compared to last year, but less than the 7.3% forecast by Trading Economics. The CPI has shown a steady decline from 7.7% in October and 8.2% in September.\nSee related article:US Senator Elizabeth Warren submits crypto know-your-customer bill in wake of FTX collapse', 'Bitcoin and Ether prices fell in Friday morning trading in Asia, along with most of the top 10 non-stablecoin cryptocurrencies, as U.S. stocks had their biggest declines in weeks overnight on fears the Federal Reserve’s commitment to raising interest rates will drive the economy into a recession. Dogecoin was the biggest loser.\nSee related article:Crypto market implosions, bankruptcies bring sweeping job losses … and opportunity\n• Bitcoin lost 2.51% to US$17,364 in the 24 hours to 8 a.m. in Hong Kong. The Ether price fell 3.25% to US$1,266, according toCoinMarketCap data.\n• Dogecoin posted the biggest drop, losing 4.14% to US$0.0847 as long-time advocate Elon Musk’s Tesla Inc. shares hit a two-year low. Reports on ThursdaysaidMusk had sold US$3.6 billion worth of Tesla stock this week, bringing his total sales of Tesla shares this year to almost US$40 billion.\n• Dogecoin tends to fluctuate on Musk’s fortunes as he has indicated the memecoin could be used in a Twitter payment system after he bought the social media platform this year.\n• BNB, the native token of Binance Global Inc., fell another 3.51% to US$258. BNB has slumped 11.40% over the last seven days amid reports that the Binance cryptocurrency exchange is under investigation by the U.S. Justice Department for alleged money laundering.\n• The total crypto market capitalization fell 2.41% to US$846.26 billion, while trading volume in the last 24 hours fell 20.50% to US$35.69 billion.\n• U.S. equities posted sharp falls on Thursday, with the Dow Jones Industrial Average losing 2.25%. The S&P 500 Index fell 2.49% and the Nasdaq Composite Index dived 3.23% amid recession concerns.\n• The U.S. Federal Reserve raised interest rates by the expected 50-basis points on Wednesday, bringing rates to between 4.25% and 4.5% — the highest level in 15 years. However, markets were spooked by Fed Chair Jerome Powell’s comments following the rate rise, saying more hikes are ahead as evidence shows inflation is cooling, but has not yet peaked.\n• The Fed’s rate hike was followed by the Bank of England, European Central Bank and Swiss National Bank.\n• The Fed raised rates by 75 basis-points in the prior four consecutive meetings in a campaign to lower inflation in the U.S. economy. It started the tightening in March, raising rates from near zero to a 15-year high of 3.75% to 4%, and has signaled that rates may end up exceeding 5%.\n• The U.S. consumer price index released on Tuesday showed that inflation was up 7.1% in November compared to last year, but less than the 7.3% forecast by Trading Economics. The CPI has shown a steady decline from 7.7% in October and 8.2% in September.\nSee related article:US Senator Elizabeth Warren submits crypto know-your-customer bill in wake of FTX collapse', 'Bitcoin and Ether prices fell in Friday morning trading in Asia, along with most of the top 10 non-stablecoin cryptocurrencies, as U.S. stocks had their biggest declines in weeks overnight on fears the Federal Reserve’s commitment to raising interest rates will drive the economy into a recession. Dogecoin was the biggest loser. See related article: Crypto market implosions, bankruptcies bring sweeping job losses … and opportunity Fast facts Bitcoin lost 2.51% to US$17,364 in the 24 hours to 8 a.m. in Hong Kong. The Ether price fell 3.25% to US$1,266, according to CoinMarketCap data . Dogecoin posted the biggest drop, losing 4.14% to US$0.0847 as long-time advocate Elon Musk’s Tesla Inc. shares hit a two-year low. Reports on Thursday said Musk had sold US$3.6 billion worth of Tesla stock this week, bringing his total sales of Tesla shares this year to almost US$40 billion. Dogecoin tends to fluctuate on Musk’s fortunes as he has indicated the memecoin could be used in a Twitter payment system after he bought the social media platform this year. BNB, the native token of Binance Global Inc., fell another 3.51% to US$258. BNB has slumped 11.40% over the last seven days amid reports that the Binance cryptocurrency exchange is under investigation by the U.S. Justice Department for alleged money laundering. The total crypto market capitalization fell 2.41% to US$846.26 billion, while trading volume in the last 24 hours fell 20.50% to US$35.69 billion. U.S. equities posted sharp falls on Thursday, with the Dow Jones Industrial Average losing 2.25%. The S&P 500 Index fell 2.49% and the Nasdaq Composite Index dived 3.23% amid recession concerns. The U.S. Federal Reserve raised interest rates by the expected 50-basis points on Wednesday, bringing rates to between 4.25% and 4.5% — the highest level in 15 years. However, markets were spooked by Fed Chair Jerome Powell’s comments following the rate rise, saying more hikes are ahead as evidence shows inflation is cooling, but has not yet peaked. The Fed’s rate hike was followed by the Bank of England, European Central Bank and Swiss National Bank. The Fed raised rates by 75 basis-points in the prior four consecutive meetings in a campaign to lower inflation in the U.S. economy. It started the tightening in March, raising rates from near zero to a 15-year high of 3.75% to 4%, and has signaled that rates may end up exceeding 5%. The U.S. consumer price index released on Tuesday showed that inflation was up 7.1% in November compared to last year, but less than the 7.3% forecast by Trading Economics. The CPI has shown a steady decline from 7.7% in October and 8.2% in September. See related article: US Senator Elizabeth Warren submits crypto know-your-customer bill in wake of FTX collapse', 'The Hong Kong Exchanges and Clearing Ltd. launched two exchange-traded funds (ETFs) tracking cryptocurrency futures on Friday, becoming the first \x93in Asia to offer crypto asset exposure through ETFs,\x94 the exchange said . See related article: Hong Kong\x92s virtual asset licensing regime to take effect next June Fast facts The two ETFs \x97 CSOP Bitcoin Futures ETF and CSOP Ether Futures ETF \x97 respectively track the Bitcoin futures contracts and Ether futures contracts traded on the Chicago Mercantile Exchange, and are both managed by CSOP Asset Management Ltd., a Hong Kong unit of Chinese state-backed asset manager China Southern Asset Management Co. Ltd. The two attracted a combined US$73.6 million in investment ahead of their Friday debut, CSOP said in a Thursday statement . \x93They provide investors with exposure to the digital asset space for the first time in Asia and reflect both our ongoing commitment to, and the market\x92s appetite for, the digital economy,\x94 Wilfred Yiu, chief operating officer and co-head of markets of Hong Kong Exchanges and Clearing, or HKEX, said in a Friday statetment . The city\x92s first crypto-linked ETFs come after Hong Kong in October said it would work to regain its role as a cryptocurrency hub in Asia. Financial Secretary Paul Chan last month doubled down on the government\x92s position despite the collapse of the FTX.com exchange. Last week, Hong Kong\x92s Legislative Council passed an amendment to the bill that includes a licensing regime for virtual asset service providers, which will come into effect on June 1, 2023. See related article: Hong Kong mulls regulatory requir **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-12-16 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $335,153,253,600 - Hash Rate: 221298344.5110657 - Transaction Count: 254176.0 - Unique Addresses: 675745.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.29 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: RedHill Biopharma Ltd (NASDAQ: RDHL ) said that preclinical data, recently published in the International Journal of Molecular Sciences, from eight U.S. government-funded in-vivo studies, supports opaganib's potential as a nuclear radiation injury therapeutic . The company says that unlike currently approved options such as iodine pills, opaganib's suggested protective effect in radiation injury is not thought to be limited to specific radioactive materials or individual parts of the body. Observations from multiple GI-focused in-vivo models indicate that opaganib may protect normal tissue from damage due to ionizing radiation exposure or cancer radiotherapy, improve antitumor activity and response to chemoradiation and enhance tolerability and survival. Independent external in-vivo studies of the radioprotective capacity of opaganib in bone marrow also show enhanced survival against both lethal and half-lethal whole-body irradiation. Redhill and its partner Apogee Biotechnology Corporation have recently initiated another study to assess the protective effects of opaganib against radiation-induced hematologic and renal toxicity. Concurrently, Redhill has reached a non-binding agreement in principle with HCR Collateral Management LLC to transfer its rights in Movantik (naloxegol) to HCR in exchange for the extinguishment of all RedHill's obligations. Price Action: RDHL shares are up 9.33% at $0.59 during the premarket session on the last check Monday. See more from Benzinga Satsuma Pharma Shares Nosedives After Disappointing Data From Migraine Study Facebook Stalls Portal & Smartwatch Projects, Visa Breaks Debit Card Tie Up With FTX, $3B Bitcoin Withdrawn From Crypto Exchanges: Top Stories Monday, Nov. 14 Elon Musk Asked A Top Tesla Executive To Forfeit Unvested Equity Awards And He Promptly Quit: Report - Te Don't miss real-time alerts on your stocks - join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better . © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['• FTX\'s bankruptcy wiped out $9 billion worth of crypto investments, according to Chainalysis.\n• But that figure is dwarfed by the losses caused by two other crises that rocked digital assets in 2022.\n• The Terra Luna crash and the collapse of Celsius and Three Arrows Capital caused more damage, Chainalysis said.\nThe collapse of FTX has rocked the crypto industry – but two other crises erased even more value from the embattled sector this year, according toChainalysis.\nTheTerra Luna crashin May and the fall oflending firm Celsius and hedge fund Three Arrows Capital (3AC)in June both caused greater losses than the exchange\'s bankruptcy filing, the blockchain intelligence firm said this week.\nTerra\'s failure resulted in $20.5 billion of realized losses for digital assets, while the fallout from the downfall of Celsius and 3AC wiped out $33 billion.\nIn comparison, FTX\'s collapse last month caused a $9 billion damage, per Chainalysis.\n"Our data suggests that FTX\'s demise hasn\'t been crypto investors\' biggest issue this year," analysts said in a blog post. "Both the depegging of Terra\'s UST token and the collapse weeks later of Celsius and 3AC drove much bigger realized losses."\n"From a market-wide point of view, the data suggests that as of now, the heaviest hitting crypto events were already behind investors by the time the FTX debacle took place," Chainalysis added.\nThe losses reflect a brutal year for digital assets, plunged into a so-called crypto winter by sharp increases in interest rates and multiple high-profile bankruptcies.\nBitcoinhas plunged 63% year-to-date to around $17,000, while smaller cryptocurrenciessolanaandpolkadotnow trade around 95% below the all-time highs they reached in 2021.\nThe fall of Terra\'s dollar-pegged stablecoin UST and its sister token luna in May marked the start of the downturn in the eyes of many investors. The two cryptocurrencies entered a so-called "death spiral" after UST slipped away from its supposedly fixed value of $1.\nCrypto lender Celsius added to the misery a month later when a broader sell-off led to itfreezing all of its customers\' accounts.\nThat led to the overexposed3AC filing for bankruptcyin July, spreading the contagion to other firms as it defaulted on loans to companies including BlockFi and Voyager Digital.\nThe scandal-hit sector is now reeling from the collapse of FTX.\nThe exchange suffered a solvency crisis last month after a report alleged that its sister trading firm Alameda Research held a significant amount of its portfolio in its native FTT token.\nThat led to an eventual Chapter 11 filing and the arrest of now-disgraced founder Sam Bankman-Fried – who is currently in a Bahamian jail awaiting extradition to the US on fraud and money laundering charges.\nRead more:FTX\'s collapse could be crypto\'s dot-com crash moment – with the industry struggling to ever regain investors\' trust\nRead the original article onBusiness Insider', 'The carnage caused by the collapse of Celsius Network fueled larger crypto losses than FTX\'s bankruptcy, according to Chainalysis. Piaras Ó Mídheach/Sportsfile for Web Summit via Getty Images FTX\'s bankruptcy wiped out $9 billion worth of crypto investments, according to Chainalysis. But that figure is dwarfed by the losses caused by two other crises that rocked digital assets in 2022. The Terra Luna crash and the collapse of Celsius and Three Arrows Capital caused more damage, Chainalysis said. The collapse of FTX has rocked the crypto industry \x96 but two other crises erased even more value from the embattled sector this year, according to Chainalysis . The Terra Luna crash in May and the fall of lending firm Celsius and hedge fund Three Arrows Capital (3AC) in June both caused greater losses than the exchange\'s bankruptcy filing, the blockchain intelligence firm said this week. Terra\'s failure resulted in $20.5 billion of realized losses for digital assets, while the fallout from the downfall of Celsius and 3AC wiped out $33 billion. In comparison, FTX\'s collapse last month caused a $9 billion damage, per Chainalysis. "Our data suggests that FTX\'s demise hasn\'t been crypto investors\' biggest issue this year," analysts said in a blog post. "Both the depegging of Terra\'s UST token and the collapse weeks later of Celsius and 3AC drove much bigger realized losses." "From a market-wide point of view, the data suggests that as of now, the heaviest hitting crypto events were already behind investors by the time the FTX debacle took place," Chainalysis added. The losses reflect a brutal year for digital assets, plunged into a so-called crypto winter by sharp increases in interest rates and multiple high-profile bankruptcies. Bitcoin has plunged 63% year-to-date to around $17,000, while smaller cryptocurrencies solana and polkadot now trade around 95% below the all-time highs they reached in 2021. The fall of Terra\'s dollar-pegged stablecoin UST and its sister token luna in May marked the start of the downturn in the eyes of many investors. The two cryptocurrencies entered a so-called " death spiral " after UST slipped away from its supposedly fixed value of $1. Story continues Crypto lender Celsius added to the misery a month later when a broader sell-off led to it freezing all of its customers\' accounts . That led to the overexposed 3AC filing for bankruptcy in July, spreading the contagion to other firms as it defaulted on loans to companies including BlockFi and Voyager Digital. The scandal-hit sector is now reeling from the collapse of FTX. The exchange suffered a solvency crisis last month after a report alleged that its sister trading firm Alameda Research held a significant amount of its portfolio in its native FTT token. That led to an eventual Chapter 11 filing and the arrest of now-disgraced founder Sam Bankman-Fried \x96 who is currently in a Bahamian jail awaiting extradition to the US on fraud and money laundering charges. Read more: FTX\'s collapse could be crypto\'s dot-com crash moment \x96 with the industry struggling to ever regain investors\' trust Read the original article on Business Insider', 'Used-car Trading E-commerce Market Insights and Industry Analysis By Application, By Type and Region, Competitive Market Size, Share, Trends, and Forecast to 2030, Key players are AutoTrader, TrueCar, CarGurus, CarsDirect, Car enthusiast Forums, Autolist, Cars.com, Inc, Kelley Blue Book, AutoTempest, Instamotor, Hemmings, iSeeCars, Renrenche.com, Guazi.com, UXIN GROUP, Other key players\nUSA, Dec. 17, 2022 (GLOBE NEWSWIRE) -- “Global Used-car Trading E-commerce Market” іѕ thе tіtlе оf а rесеntlу рublіѕhеd rероrt bу JCMR market research. Тhе rеѕеаrсh ѕtudу іnvоlvеd ехреrt оріnіоn and with the help of bоth рrіmаrу аnd ѕесоndаrу data ѕоurсеѕ, аnd еffоrtѕ wеrе no lіmіtеd tо оnlу іn-hоuѕе аnаlуѕіѕ. The process of research on a particular market elaborates the study of both impacts; positive or negative on the industry or market globally. While research report includes various factors such as hіѕtоrісаl date, tесhnоlоgісаl іnnоvаtіоnѕ, gоvеrnmеnt роlісіеѕ аnd mаndаtеѕ, соmреtіtіvе lаndѕсаре, nеw ѕоlutіоnѕ аnd аltеrаtіоnѕ сurrеnt аnd hіѕtоrісаl trend in the market, market еnvіrоnmеnt, tесhnоlоgісаl аdvаnсеmеntѕ in rеlаtеd іnduѕtrіеѕ as well as market growth bаrrіеrѕ аnd сhаllеngеѕ, futurе ѕсеnаrіоѕ, орроrtunіtіеѕ, and mаrkеt rіѕkѕ have been covered and details іnсludеd іn thе rероrt. Тhе market hаѕ bееn ѕеgmеntеd on thе bаѕіѕ оf Type, Application, rеgіоnѕ аnd соuntrіеѕ.\nGet Sample Copy of This Report @https://jcmarketresearch.com/report-details/1542355/sample\nUsed-car Trading E-commerce MarketОvеrvіеw:\nSince the beginning of the COVID crisis, the online market for used cars has exploded. The end users can now easily purchase used automobiles from mobile devices thanks to a number of firms throughout the world. The entire transaction takes place online, and the automobile is delivered at the door along with optional extras like "rapid delivery" and "simple returns." A wide variety of brands and models are available on the portals, making it a desirable location for potential buyers.\nBuy Now Full Report @https://jcmarketresearch.com/checkout/1542355\nUsed-car Trading E-commerce MarketDуnаmісѕ:\nThe growth of online sales channels has a positive impact on the overall demand for used cars subsequently. Despite making up a very modest portion of all used car sales, online auto purchasing has tremendous growth potential. Additionally, auto dealers use their websites to drive buyers to the showroom floor, where the sale is completed, using marketing and sales channels. For all of their purchases, consumers are increasingly looking for e-commerce alternatives.\nMoreover, a strong sales crew and physical storefronts are not that much necessary for the e-commerce business strategy. This helps to get rid of the pointless expenditure and gives a price advantage to the internet dealers of used cars. The platform\'s main goal is to increase its logistical capacity so that it can fulfill the customer\'s promise of prompt and dependable delivery.\nHowever,\xa0 a declination of adoption of \xa0used automobile is observed due to stringent government regulations surrounding passenger safety in several nations. Since customers are getting more selective in their purchases, the industry is having trouble expanding.\nGet Discount @https://jcmarketresearch.com/report-details/1542355/discount\nUsed-car Trading E-commerce MarketDrіvеrѕ Rеgіоnаl Ѕеgmеntаtіоn аnd Аnаlуѕіѕ:\nRеgіоn-wіѕе ѕеgmеntаtіоn in used-car trading e-commerce market іnсludеѕ North Аmеrіса, Еurоре, Аѕіа Расіfіс, Ѕоuth Аmеrіса, and the Міddlе Еаѕt & Аfrіса. In 2021, the North Аmеrіса ассоuntѕ for hіghеѕt rеvеnuе in used-car trading e-commerce market. The Asia Pacific market is expected to account a significant revenue share in the global market and projected tо register а significant САGR оvеr thе fоrесаѕt реrіоd 2022-2031.\nEnquiry Before Bu **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-12-17 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $321,182,135,369 - Hash Rate: 234916704.1732852 - Transaction Count: 263200.0 - Unique Addresses: 675840.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.28 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: With the pandemic years in the rearview mirror, some of the best pharma stocks should continue to perform well. For one, by 2030, the pharma industry could be worth nearly $1.6 trillion , according to Acumen Research and Consulting. Two, the best pharma stocks are still ranked as some of the safest, recession-resistant investments to own. After all, we can’t stop people from aging. Three, we can’t forget about secular tailwinds, such as population aging and growth. In fact, according to the Population Reference Bureau , the number of Americans aged 65 and older will likely double to 95 million by 2060. As this number continues to grow, we’ll see a need for more medication and treatment options. All of which will result in a bright future for pharmaceutical companies. That being said, let’s take a quick look at some of the biggest, and best pharma stocks to buy now. PFE Pfizer $47.43 MRNA Moderna $169.49 ABBV AbbVie $149.29 JNJ Johnson & Johnson $174.04 LLY Eli Lilly $367.68 BNTX BioNTech $160.93 BMY Bristol-Myers Squibb $80.57 Pfizer (PFE) Illustration of a biopharma company. Doctor standing in front of various medical icons. Source: Billion Photos / Shutterstock Covid-19 vaccines have been good to pharmaceutical giant Pfizer (NYSE: PFE ). In fact, those vaccines helped the company report better-than-expected third-quarter earnings and raise guidance for the year. For the quarter, the company posted an EPS of $1.78, as compared to the $1.39 expected by analysts.  Revenues were up to $22.6 billion, as compared to expectations of $21 billion. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Pfizer said it now expects earnings per share of $6.40 to $6.50 for all of 2022, up from a previous forecast of $6.30 to $6.45. The company also raised its sales guidance, saying it expects full-year revenues of $99.5 billion to $102 billion. Driving the improved outlook is the company’s COVID-19 vaccine, which it expects to generate $34 billion in sales this year. That’s up $2 billion from an earlier estimate. Story continues The upbeat guidance came days after Pfizer announced plans to quadruple the price of its COVID-19 vaccine to between $110 and $130 per dose once the U.S. government’s current purchase program expires. The price increase should drive revenue and earnings even higher moving forward. Pfizer’s stock is down 17% this year and trading at $46.80 per share, offering a nice entry point to investors. Moderna (MRNA) Moderna (MRNA) research Coronavirus (Covid 19) vaccine. Row of vaccine bottles with blurred Moderna company logo on background. Source: Carlos l Vives / Shutterstock.com While Moderna (NASDAQ: MRNA ) had a rocky year, investors seem to be piling back into the name. Between Jan. and Nov., the stock fell from about $232.20 to a low of about $120. However, the stock has managed to recover to about $168.81 in recent weeks. That, despite missing earnings expectations on the top and bottom lines.  The company also lowered its sales outlook, saying it expects $18 billion to $19 billion in revenue from its Covid-19 vaccine this year, down from an earlier estimate of $21 billion. Analysts and investors seem to be responding positively to Moderna’s pipeline of drug candidates , many of which are being developed with other pharma companies. These include a vaccine against the Zika virus and cancer treatment. AbbVie (ABBV) pharmaceutical industry. Production line machine conveyor with glass bottles ampoules at factory Source: Dmitry Kalinovsky / Shutterstock.com Another one of the best pharma stocks is AbbVie (NYSE: ABBV ). Since Jan., the stock rose from about $125 a share to a high of about $170, before backing off to $149.22. All as the company continues to benefit from sales of several blockbuster medications, primarily Humira which is used to treat rheumatoid arthritis. Other medications such as Skyrizi and Rinvoq that are used to treat psoriasis and arthritis also continue to sell well for the company. The stock’s 3.99% dividend yield also makes it popular with investors. AbbVie’s most recent earnings missed the mark due to a dip in sales of the Chicago-based company’s normally popular aesthetic drugs such as Botox. The medical aesthetics division saw Q3 sales decline 7% as inflation led Americans to spend less on discretionary cosmetic procedures. The company characterized the sales decline as a “temporary headwind.” And while the impending loss of Humira’s patent protection continues to loom over AbbVie, investors seem happy to kick that can down the street. Johnson & Johnson (JNJ) Brown glass pill bottle on its side showing white pills inside, with other pill bottles behind it Source: shutterstock.com/Champhei Johnson & Jonson (NYSE: JNJ ) is acquiring heart pump maker Abiomed for $16.6 billion. Once completed, the acquisition will help to boost growth at JNJ’s medical devices unit. The Abiomed purchase comes a year before Johnson & Johnson plans to spin off its consumer health business which includes popular products such as Tylenol and Aveeno skin moisturizer. With the consumer health spinoff expected by Nov. 2023, Johnson & Johnson is focusing on building its pharmaceuticals and medical device unit. Not that the pharma and devices business is not already robust. Most recently, the company reported Q3 earnings of $2.55 a share on revenues of $23.8 billion. That beat analyst calls for earnings of $2.48 a share on revenue of $23.4 billion. Eli Lilly (LLY) Light blue pills on white background. Pharmaceutical industry, medical treatment, presciption drugs concept. Digital 3D render., biotech stocks, big pharma. EVAX stock Source: Hernan E. Schmidt / Shutterstock.com One of the oldest, and best pharma stocks on the market is Eli Lilly (NYSE: LLY ). Founded by Civil War veteran, Col. Eli Lilly in May 1876, the company has become well known for its blockbuster drugs such as Prozac which is used to treat depression, as well as Cialis for erectile dysfunction. Those medications, and others, have powered Eli Lilly to annual sales of nearly $30 billion. Like many of the other stocks on this list, shares of Eli Lilly are up big this year. Since Jan., LLY stock has gained 35% to now change hands at $367.95 a share. A good chunk of that comes courtesy of expectations for the company’s obesity drug, Tirzepatide , which some analysts say could be the biggest-selling drug ever produced . While not yet commercially available, Tirzepatide has been given Fast Track designation by the U.S. FDA. When and if, approved it could help the more than two billion adults worldwide considered overweight or obese. BioNTech (BNTX) medicine research, pharmaceutical background, LJPC stock Source: Sisacorn / Shutterstock.com BioNTech (NASDAQ: BNTX ) is a German pharmaceutical company that partnered with Pfizer in the development of a Covid-19 vaccine. The Covid partnership has been extremely lucrative to BioNTech, which is otherwise known for developing medications to treat cancers and rare diseases . BNTX stock soared nearly 250% on the Nasdaq exchange during the pandemic, lifting the company’s market capitalization to more than $25 billion. BNTX stock has come down 30% this year to trade at $160 a share. However, the stock remains up more than 1,000% in the past five years. And while sales of the Pfizer-BioNTech Covid-19 vaccine are starting to slow , the two companies are continuing to collaborate together, most notably on a new vaccine against influenza (flu) that utilizes messenger RNA (mRNA) technology that many industry observers see as the future of medicine. Bristol-Myers Squibb (BMY) Source: Shutterstock New York City-based Bristol-Myers Squibb (NYSE: BMY ) is another pharma stock that has ripped higher this year. So far in 2022, BMY stock has risen 30% to just over $80 a share. As with the other pharma companies listed here, Bristol-Myers Squibb has approved blockbuster drugs such as blood thinner Eliquis and the cancer drug Opdivo in its stable of products. At the same time, Bristol-Myers Squibb also has a robust pipeline of drug candidates . The company currently has several new clinical trials underway, including many potential new cancer treatments. If all that weren’t enough, Bristol-Myers Squibb has also hiked its annual dividend for 13 consecutive years now. The company’s quarterly dividend payout has increased nearly 40% in the past five years and now yields 2.7% or a quarterly payment of 54 cents. On the date of publication, Joel Baglole 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 . Joel Baglole has been a business journalist for 20 years. He spent five years as a staff reporter at The Wall Street Journal, and has also written for The Washington Post and Toronto Star newspapers, as well as financial websites such as The Motley Fool and Investopedia. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” It doesn’t matter if you have $500 or $5 million. Do this now. The post The 7 Best Pharma 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:** ['Major indices such as the S&P 500 and the Nasdaq Composite may have plunged by double-digits during 2022, but certain areas of the stock market performed strongly throughout the year. One of those areas is among the hottest healthcare stocks. With company-specific catalysts outweighing negative macro factors such as high inflation, rising interest rates, and slowing economic growth, scores of healthcare stocks have delivered strong returns in 2022. However, far from a \x93one and done\x94 phenomenon, it\x92s not too late to dive in if you\x92ve yet to add these plays to your portfolio. Although the market has caught on to the opportunity with these biotech, pharmaceutical, and medical device product stocks, several of them continue to have a material runway. InvestorPlace - Stock Market News, Stock Advice & Trading Tips That\x92s the case here with these seven hottest healthcare stocks. As their respective catalysts (namely new treatments/products) continue to play out, each one has a strong chance of making another significant move higher in 2023 and in the years ahead. Consider now an ideal time to initiate or add to a position. Ticker Company Price BIIB Biogen $284.98 BNTX BioNTech $175.25 INCY Incyte $82.03 INSP Inspire Medical Systems $253.66 LLY Eli Lilly $359.87 VEEV Veeva Systems $168.26 VTRS Viatris $10.96 Biogen (BIIB) BIIB stock: Biogen Factory Building in: Luterbach Solothurn Switzerland Source: PictureDesignSwiss / Shutterstock.com Trending lower for most of 2022, Biogen (NASDAQ: BIIB ) ripped higher on Sep. 28, on the heels of game-changing news regarding one of the key drug candidates in its pipeline, Alzheimer\x92s treatment Lecanemab. Trial data released on that date indicated that Lecanemab, which the company is developing with Japan-based pharmaceutical company Eisai (OTCMKTS: ESALY ), helped to slow down the progress of the disease among early-stage patients. While it may seem as if the potential upside from Lecanemab is already priced-into BIIB stock, that\x92s not necessarily the case. Story continues For one, while the stock has moved higher, its valuation hasn\x92t exactly gotten out of hand. Its shares today trade for 16.6 times forward earnings. More importantly, if this drug makes it to market, based on forecasts from analysts at JP Morgan (calling for as much as $10 billion in peak annual sales), commercialization could further boost both BIIB\x92s earnings and its stock price. BioNTech (BNTX) The headquarters of BioNTech (BNTX) in Germany. Source: Palatinate Stock / Shutterstock.com The mass wave of Covid-19 vaccination may have long since passed, but that doesn\x92t mean BioNTech (NASDAQ: BNTX ) has ceased to be one of the hottest healthcare stocks. Shares in this German-based biotech company, which co-developed widely-used Covid-19 vaccine Comirnaty with Pfizer (NYSE: PFE ), have fallen around 20.5% since January. However, even as the vaccination bonanza is coming to an end, this may be more than reflected in the valuation of BNTX stock. Shares sell for only five times estimated 2022 earnings and just 10.2 times 2023 earnings forecasts, which already take into account a massive drop off in Covid-19 vaccine sales. That\x92s not all. Besides being a good value, BNTX has emerging growth catalysts in play as well. With a pipeline filled with promising mRNA-based vaccine candidates covering a wide variety of ailments, including malaria and tuberculosis, success with a few of them may be enough to spark a comeback. Incyte (INCY) incy stock Source: Eyesonmilan / Shutterstock.com A developer of therapeutics, Incyte (NASDAQ: INCY ) is an established biotech company generating billions in annual revenue. Jakafi, a treatment for myelofibrosis and polycythemia vera, is now Incyte\x92s flagship product. Last quarter, Jakafi\x92s net product and royalty revenues made up around 85.7% of overall sales. That said, Jakafi may not make up the lion\x92s share of INCY\x92s top line for long. As a Seeking Alpha commentator argued last month, one of Incyte\x92s other treatments at the commercialization stage, Opzelura (a non-segmental vitiligo treatment), is poised to experience a massive jump in revenue . Sales doubled last quarter and could keep taking off in the coming quarters. Furthermore, the company continues to make big progress with several promising treatments in its pipeline. Broadening its product pipeline and earnings growth, making its current forward earnings multiple (around 30) reasonable. There\x92s plenty of room for INCY stock to keep climbing. Inspire Medical Systems (INSP) Modern Medical Research Laboratory with Computer, Microscope, Glassware with Biochemicals on the Desk. Scientific Lab Biotechnology Development Center Full of High-Tech Equipment. Biomedical technology stocks Source: Gorodenkoff / Shutterstock.com Based in Golden Valley, Minnesota, Inspire Medical Systems (NYSE: INSP ) makes medical devices used to treat obstructive sleep apnea. Its namesake product, Inspire, is an implantable nerve stimulator . This is an alternative treatment to the traditional continuous positive airway pressure (or CPAP) therapies that are commonly used to treat this disorder. With the commercialization of its technology, INSP\x92s revenue has increased well over tenfold over the past five years. On Dec 13, KeyBanc\x92s Matthew Mishan gave INSP stock the equivalent of a \x93buy\x94 rating and a $287 per share price target. Per the analyst, Inspire is \x93well-positioned to meet or exceed revenue growth expectations.\x94 With its high operating leverage, further revenue growth may result in a big improvement in Inspire\x92s bottom line. Current losses could swing to high earnings down the road. This will likely enable INSP, currently sporting a $7.4 billion market cap, to sustain, then grow, its current valuation. Eli Lilly (LLY) Eli Lilly and Company World Headquarters. Lilly makes Medicines and Pharmaceuticals XI Source: Jonathan Weiss / Shutterstock.com Eli Lilly (NYSE: LLY ) has been one of the hottest healthcare stocks of 2022. Yet despite its big year-to-date run-up, don\x92t assume shares will soon lose their current \x93hot stock\x94 status. Why? As I argued earlier this month, the potential with Mounjaro , the company\x92s main drug candidate, is more than enough to send LLY stock even higher from here. Mounjaro initially developed as a treatment for Type 2 diabetes, is now in the running to become approved for use as a treatment for obesity. If Eli Lilly obtains regulatory approval to market Mounjaro for this use, it could translate into impressive levels of revenue/earnings growth for this large, established pharmaceutical company. According to analysts at UBS, peak annual sales for Mounjaro could top $25 billion . Given that a mere $1 billion in annual sales makes a drug a \x93blockbuster,\x94 this drug could ultimately become a \x93blockbuster among blockbusters.\x94 Veeva Systems (VEEV) veev stock Source: IgorGolovniov / Shutterstock.com After looking at biotech, medical device, and pharma plays, let\x92s look at a healthcare technology stock that\x92s among the hottest in the sector. Veeva Systems (NYSE: VEEV ) is a provider of cloud-based software to the life sciences industry. Sure, with the VEEV stock dropping 33.75% this year, amid the market sell-off that in particular knocked SaaS stocks like this one significantly lower, you may be doubting that it still holds \x93hot stock\x94 status. However, VEEV differs from many SaaS stocks. Namely, while many other similarly-sized SaaS companies remain unprofitable, Veeva is already consistently-profitable. Since it is operating in a sector more likely to stay resilient during an economic downturn, revenue and earnings growth could carry on in the years ahead. Analyst forecasts call for earnings of $5.33 per share by FY 2025 (fiscal year ending January 2025). That\x92s more than double the reported earnings from the preceding fiscal year. Viatris (VTRS) Viatris (VTRS) website page. Viatris.com logo on display screen Source: Postmodern Studio / Shutterstock.com Viatris (NASDAQ: VTRS ) was formed in late 2020 when Pfizer merged its former Upjohn unit into Mylan N.V. Since that Reverse Morris Trust merger transaction, shares in this pharmaceutical company have struggled. Despite a low valuation, with high debt and low growth, investors have largely shied away from it until recently. As Louis Navellier discussed late last month, a pair of pending transactions point to brighter prospects ahead, shifting sentiment for VTRS stock. The forthcoming purchases of Oyster Point Pharma (NASDAQ: OYST ) and Famy Life Sciences could enable the company to wring out revenue and cost synergies. Trading for just 3.3 times forward earnings, even if these acquisitions translate into modest operating improvements and a modest re-rating, it could still result in a big move higher ahead for VTRS. In the meantime, you can generate steady returns from the stock via its 4.31% dividend. On the date of publication, Thomas Niel did not hold (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.com Publishing Guidelines . Thomas Niel, contributor for InvestorPlace.com, has been writing single-stock analysis for web-based publications since 2016. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today Early Bitcoin Millionaire Reveals His Next Big Crypto Trade \x93On Air\x94 It doesn\x92t matter if you have $500 or $5 million. Do this now. The post The 7 Hottest Healthcare Stocks to Own for 2023 and Beyond appeared first on InvestorPlace .', 'Major indices such as theS&P 500and theNasdaq Compositemay have plunged by double-digits during 2022, but certain areas of the stock market performed strongly throughout the year. One of those areas is among the hottest healthcare **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-12-18 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $321,887,596,519 - Hash Rate: 246832768.8777272 - Transaction Count: 212673.0 - Unique Addresses: 559608.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.26 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: LAS VEGAS, Nov. 30, 2022 (GLOBE NEWSWIRE) -- CleanSpark Inc. (Nasdaq: CLSK), America’s Bitcoin Miner™, will discuss fiscal full year and fourth quarter 2022 financial results via a live webcast beginning 4:30 p.m. EST / 1:30 p.m. PST on Wednesday, December 14, 2022. Results will be released after the close of regular trading on December 14, 2022. To view the webcast, please visitwww.cleanspark.com/investor-relations. Downloadable files, including transcripts, will be available on the company website 48 hours after the event. About CleanSpark CleanSpark (NASDAQ: CLSK) is America’s Bitcoin Miner. Since 2014, we’ve helped people achieve energy independence for their homes and businesses. In 2020, we began applying that expertise to develop sustainable infrastructure for Bitcoin, an essential tool for financial independence and inclusion. We strive to leave the planet better than we found it by sourcing and investing in low-carbon energy, like wind, solar, nuclear, and hydro. We cultivate trust and transparency among our employees, the communities we operate in, and the people around the world who depend on Bitcoin. CleanSpark is a Forbes 2022 America's Best Small Company and holds the 44th spot on the Financial Times' List of the 500 Fastest Growing Companies in the Americas. For more information about CleanSpark, please visit our website atwww.cleanspark.com. Investor Relations Contact Matt [email protected] Media Contacts Isaac [email protected] BlocksBridge [email protected] CONTACT: Isaac Holyoak CleanSpark Inc. 702-989-7694 [email protected]... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin and Ether traded little changed on Monday morning in Asia after a slump over the weekend following a week of worries about a global recession and the stability of cryptocurrency exchanges. However, the BNB token of the Binance exchange regained some lost ground, while others on the non-stablecoin top 10 list by market capitalization were mixed to little changed. See related article: Binance’s proof-of-reserves auditor suspends work for crypto firms Fast facts Bitcoin lost 0.15% to US$16,773 in the 24 hours to 8 a.m. in Hong Kong after falling through the US$17,000 support line over the weekend. Ether dipped 0.18% to US$1,168, according to CoinMarketCap data . The total crypto market capitalization was little changed over the last 24 hours, increasing 0.07% to US$810.53 billion, while trading volume fell 37.54%. On Friday, Paris-based accounting firm Mazars Group halted work on reviewing the assets and proof of reserves of global crypto exchanges, including Crypto.com, Kucoin and Binance, a spokesperson for Binance told CNBC last Friday. In a statement, Mazars told CNBC that it is concerned with “the way [proof-of-reserves] reports are understood by the public,” adding that the reports are not an audit. The accounting firm has yet to release a public statement on the suspension, but the move added to market jitters about the risks surrounding crypto exchanges since the collapse last month of FTX.com amid allegations of misappropriation of client funds. Following the Mazars development, Bitcoin fell 4.5% to trade as low as US$16,584 over the weekend. Ether lost 7%. BNB slumped 16% on Saturday, but recovered by some 4.13% to US$252 on Monday morning. Clients withdrew billions of dollars from the Binance exchange last week. U.S. equities finished lower on Friday, with the Dow Jones Industrial Average losing 0.85%. The S&P 500 Index fell 1.11% and the Nasdaq Composite Index dipped 0.97%. The U.S. Federal Reserve raised interest rates by the expected 50-basis points on Wednesday, bringing rates to between 4.25% and 4.5% — the highest level in 15 years. Fed Chair Jerome Powell announced that more rate hikes are ahead, adding to worries about a global recession. The Fed raised rates by 75 basis-points in the prior four consecutive meetings in a campaign to lower inflation in the U.S. economy. It started the tightening in March, raising rates from near zero to a 15-year high of 3.75% to 4%, and has signaled that rates may end up exceeding 5%. The latest U.S. consumer price index showed that inflation was up 7.1% in November compared to last year, but less than the 7.3% forecast by Trading Economics. The CPI has shown a steady decline from 7.7% in October and 8.2% in September. See related article: Venture capital firms slow Web 3.0 investments as investors turn cautious', 'Bitcoin and Ether traded little changed on Monday morning in Asia after a slump over the weekend following a week of worries about a global recession and the stability of cryptocurrency exchanges. However, the BNB token of the Binance exchange regained some lost ground, while others on the non-stablecoin top 10 list by market capitalization were mixed to little changed. See related article: Binance’s proof-of-reserves auditor suspends work for crypto firms Fast facts Bitcoin lost 0.15% to US$16,773 in the 24 hours to 8 a.m. in Hong Kong after falling through the US$17,000 support line over the weekend. Ether dipped 0.18% to US$1,168, according to CoinMarketCap data . The total crypto market capitalization was little changed over the last 24 hours, increasing 0.07% to US$810.53 billion, while trading volume fell 37.54%. On Friday, Paris-based accounting firm Mazars Group halted work on reviewing the assets and proof of reserves of global crypto exchanges, including Crypto.com, Kucoin and Binance, a spokesperson for Binance told CNBC last Friday. In a statement, Mazars told CNBC that it is concerned with “the way [proof-of-reserves] reports are understood by the public,” adding that the reports are not an audit. The accounting firm has yet to release a public statement on the suspension, but the move added to market jitters about the risks surrounding crypto exchanges since the collapse last month of FTX.com amid allegations of misappropriation of client funds. Following the Mazars development, Bitcoin fell 4.5% to trade as low as US$16,584 over the weekend. Ether lost 7%. BNB slumped 16% on Saturday, but recovered by some 4.13% to US$252 on Monday morning. Clients withdrew billions of dollars from the Binance exchange last week. U.S. equities finished lower on Friday, with the Dow Jones Industrial Average losing 0.85%. The S&P 500 Index fell 1.11% and the Nasdaq Composite Index dipped 0.97%. The U.S. Federal Reserve raised interest rates by the expected 50-basis points on Wednesday, bringing rates to between 4.25% and 4.5% — the highest level in 15 years. Fed Chair Jerome Powell announced that more rate hikes are ahead, adding to worries about a global recession. The Fed raised rates by 75 basis-points in the prior four consecutive meetings in a campaign to lower inflation in the U.S. economy. It started the tightening in March, raising rates from near zero to a 15-year high of 3.75% to 4%, and has signaled that rates may end up exceeding 5%. The latest U.S. consumer price index showed that inflation was up 7.1% in November compared to last year, but less than the 7.3% forecast by Trading Economics. The CPI has shown a steady decline from 7.7% in October and 8.2% in September. See related article: Venture capital firms slow Web 3.0 investments as investors turn cautious', 'Bitcoin and Ether traded little changed on Monday morning in Asia after a slump over the weekend following a week of worries about a global recession and the stability of cryptocurrency exchanges. However, the BNB token of the Binance exchange regained some lost ground, while others on the non-stablecoin top 10 list by market capitalization were mixed to little changed. See related article: Binance’s proof-of-reserves auditor suspends work for crypto firms Fast facts Bitcoin lost 0.15% to US$16,773 in the 24 hours to 8 a.m. in Hong Kong after falling through the US$17,000 support line over the weekend. Ether dipped 0.18% to US$1,168, according to CoinMarketCap data . The total crypto market capitalization was little changed over the last 24 hours, increasing 0.07% to US$810.53 billion, while trading volume fell 37.54%. On Friday, Paris-based accounting firm Mazars Group halted work on reviewing the assets and proof of reserves of global crypto exchanges, including Crypto.com, Kucoin and Binance, a spokesperson for Binance told CNBC last Friday. In a statement, Mazars told CNBC that it is concerned with “the way [proof-of-reserves] reports are understood by the public,” adding that the reports are not an audit. The accounting firm has yet to release a public statement on the suspension, but the move added to market jitters about the risks surrounding crypto exchanges since the collapse last month of FTX.com amid allegations of misappropriation of client funds. Following the Mazars development, Bitcoin fell 4.5% to trade as low as US$16,584 over the weekend. Ether lost 7%. BNB slumped 16% on Saturday, but recovered by some 4.13% to US$252 on Monday morning. Clients withdrew billions of dollars from the Binance exchange last week. U.S. equities finished lower on Friday, with the Dow Jones Industrial Average losing 0.85%. The S&P 500 Index fell 1.11% and the Nasdaq Composite Index dipped 0.97%. The U.S. Federal Reserve raised interest rates by the expected 50-basis points on Wednesday, bringing rates to between 4.25% and 4.5% — the highest level in 15 years. Fed Chair Jerome Powell announced that more rate hikes are ahead, adding to worries about a global recession. The Fed raised rates by 75 basis-points in the prior four consecutive meetings in a campaign to lower inflation in the U.S. economy. It started the tightening in March, raising rates from near zero to a 15-year high of 3.75% to 4%, and has signaled that rates may end up exceeding 5%. The latest U.S. consumer price index showed that inflation was up 7.1% in November compared to last year, but less than the 7.3% forecast by Trading Economics. The CPI has shown a steady decline from 7.7% in October and 8.2% in September. See related article: Venture capital firms slow Web 3.0 investments as investors turn cautious', '* Japan to make 2% inflation target a more flexible goal- Kyodo * Yen up, Nikkei slips, JGBs under pressure * Broader MSCI ex-Japan index ekes small gain By Tom Westbrook SINGAPORE, Dec 19 (Reuters) - Asia\'s stockmarkets made a wobbly start to the final full trading week of 2022, with the prospect of interest rates rising further next year taking the edge off festive cheer. The Federal Reserve and European Central Bank hiked rates and promised more last week, and speculation is even building that the Bank of Japan, which meets on Monday and Tuesday, is eying a shift in its ultra-dovish stance in future. Japan\'s Nikkei fell 1% in early trade and the yen , which rose about 0.5% to 136.00 per dollar, was the biggest mover in quiet currency trade. MSCI\'s broadest index of Asia-Pacific shares outside Japan rose 0.4%. Citing government sources, news agency Kyodo reported on Saturday that Japan is set to tweak its 2% inflation targeting policy, possibly giving the central bank more wiggle room. "Where there\'s smoke, eventually there is fire," said National Australia Bank strategist Rodrigo Catril in Sydney. "This sort of news we\'re getting plays to this view that the government will open the door for the BOJ to have a more flexible approach," he said, "and that some of this uber-undervaluation of the yen can be reversed." The yen has been the worst-performing G10 currency this year, with a 15% loss against the dollar, driven mainly by the gap between rising U.S. rates and anchored Japanese rates. Japanese **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-12-19 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $318,642,617,156 - Hash Rate: 233961255.1644386 - Transaction Count: 259096.0 - Unique Addresses: 625817.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.29 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: This week, many investors had a front-row seat to the conflict between two of the largest cryptocurrency exchanges, FTX and Binance. The aftermath shows a grim picture of frightened investors looking for a way to minimize risk and cut their losses after some steep declines in popular coins like Bitcoin and Ether. Others are taking this opportunity to capitalize on plummeting prices and “buy the dip.” Whether you’re interested in buying or selling crypto, the most popular avenues usually involve purchasing or selling coins through an exchange via an app or a website. But what’s the safest way to go about buying and selling your cryptocurrency? Well, it’s complicated. Cryptocurrency is inherently risky Crypto is still the new kid on the block when compared to other assets. There’s always some level of risk involved when it comes to investing, but as a newer, alternative investment, risk is almost certainly part of the deal. What makes crypto attractive to so many investors is the loose regulations around this investment. Compared to other types of assets like stocks, cryptocurrency is not currently well-regulated. The downside is that putting your funds behind crypto exposes you to greater risk of fraud, losing your funds in the event of bankruptcy, and major losses due to increased volatility. Many crypto enthusiasts argue that regulation could stunt innovation and defeat the purpose of decentralized currency, which is to cut out middlemen like big banks and the federal government. But industry pros argue that the cryptocurrency market is flawed in a big way, and investors are paying the price. “Many crypto–assets operate on open, permissionless networks that allow anyone, anywhere to trade on the network, which—by design—makes it difficult to track individual actors,” said FDIC Acting Chairman Martin J. Gruenberg at the Brookings Institution on The Prudential Regulation of Crypto-Assets. “This design feature also makes it nearly impossible to ensure compliance with anti–money laundering and counter terrorism financing requirements.” Story continues The benefits of investing in crypto Still, even with the potential risks associated with investing in crypto, cryptocurrency can be a valuable way to diversify your investing portfolio and spread your risk across a few different asset classes. Some investors regard cryptocurrencies like Bitcoin as a valuable hedge against inflation because there are a fixed number of coins that can be mined, unlike regular currency controlled by the central bank which sees regular increases and decreases in supply—although some experts say this has changed over time . How to invest safely If you’ve decided to invest in crypto, there is no surefire way to eliminate risk, but there are a few steps you can take to invest safely. Use a secure device: Public computers and WiFi networks expose you to potential fraud. When you purchase crypto, you’ll likely be asked for personal financial information that you wouldn’t want hackers to get their hands on. Opt to use your personal computer and a virtual private network (VPN), which helps establish a secure connection between you and the internet and keeps your sensitive information safe. Choose a reputable exchange: You’ll want to scope out different crypto exchanges and compare the cryptocurrencies being offered, fees associated with buying and selling crypto, as well as the exchange’s track record. Do your research to determine if this exchange is well-established and if there have been any security breaches in the past. Read each exchange’s user terms and agreements carefully to learn more about where your funds are kept and what happens to your money in the event that the exchange goes bankrupt. You may also want to spend some time combing through user reviews to find out if there are any major red flags you should be aware of. Think carefully about how you plan to store your crypto: When you invest in crypto, you have the option of keeping your currency in a web-based wallet hosted by your exchange. While this may be a low-lift option, it could cost you down the line if you need to turn your coins into real cash or if your exchange fails. Alternatives like “hardware wallets” keep the private key to your cryptocurrency safe in an offline storage device.Alternatives like “hardware wallets” keep the private key to your cryptocurrency safe in an offline storage device. Consult your budget : Whether you’re investing in crypto, stocks, bonds, commodities, or any other kind of asset, you’ll need to carefully evaluate your current financial situation to determine how much you can comfortably afford to invest . There are no guarantees in the investing world and it’s never a wise idea to put more on the line than you can afford to lose. This story was originally featured on Fortune.com More from Fortune: The American middle class is at the end of an era Elon Musk is facing trial again over his $56 billion Tesla paycheck that’s ‘the largest in human history’ The winners of the $1.5 billion Powerball jackpot will probably take it in cash. That’s a huge mistake, experts say The US may be headed for a ‘tripledemic’—one doctor issues an urgent warning... - 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:** ['Shikoku Inu MATSUYAMA, JAPAN, Dec. 19, 2022 (GLOBE NEWSWIRE) -- In a world where cryptocurrencies have managed to turn that initial curiosity, they had garnered some serious attention, where having freedom and access to decentralized assets are the leading objectives of man, we bring to you Shikoku Inu \x96 The Next Shiba Inu!" Before we begin let me quickly tell you a bit about our Origin Story. In the aftermath of the recent crypto crash that brought the market to its knees, crypto enthusiasts and investors alike were left thirsting for more. They wanted to turn back time and relive the excitement of investing in lucrative decentralized tokens like Shiba Inu once again, and among those yearning individuals was Shikoshi \x96 the founder of Shikoku himself. Shikoshi spent days and nights on the internet, researching every new fancy token that launched, checking their Initial Coin Offerings (ICOs), and trying to find the potential that he and the world once saw in Shiba Inu, but it was all to no avail. There was nothing with the same spark and potential that he had first seen in the SHIB token. In his relentless research and ponderings, he stumbled upon the origin story of Vitalik Buterin (the founder of Ethereum) who underwent a similar dilemma as he looked for ways to improve the loopholes he saw in Bitcoin. It was only when he reached a deadlock, he realized that he had no option left but to \xa0solve his conundrum by creating what he wanted \x96 Ethereum! And the rest is history. His story inspired Shikoshi so much that instead of putting in tiring efforts in search for the next Shiba Inu, he decided to direct those efforts to create the next Shiba Inu, which brings us here. Shikoku Inu \x96 The Next Shib! Shikoshi\x92s dream child, Shikoku Inu, wasn\x92t just created to fulfill his own desires but to solve a problem for the masses. With this thought driving his vision, the token Shikoku Inu takes decentralization and transparency up a notch to a level never seen before. Story continues Shikoshi and his team are just the developers of this project and unlike your average developer, they do not aim to keep majority shareholdings to themselves but create a truly decentralized community where every person invested in this project has equal opportunity. To prove his dedication Shikoshi has published his Private Key on Shikoku Inu\x92s website for all to see and use. There is no permanent allotted owner of Shikoku Inu, instead, it can be owned by all that wish to own it! Every single member of our community will have access to the developer wallet and every single one of you will be able to add to it, building the project of our dreams together as we progress. Exciting features of Shikoku. Why invest? In recent times Crypto exchanges have lost the trust of investors and developers alike and this insecurity was further fueled by the FTX Collapse. In order to combat this insecurity, Shikoku aims to promote the idea of self-custody of tokens. Giving you access to the decentralized world of Cryptocurrencies along with the peace of mind that your assets are stored securely in your possession. We know that the idea of self-custody of digital assets seems daunting and complex when you think about it but fret no more as that\x92s exactly what we\x92re here for! We\x92re here to educate our community on this process in the most simple and efficient manner. In order to fulfill this dream, our platform was built on Mr. Buterin\x92s Ethereum blockchain, ensuring the highest standard to date of decentralization. What\x92s more is, when the project takes off, your $100 worth of investment in SHIK tokens today will become equivalent to $50k once the market cap reaches 1 billion! And further rise to $500k once the market cap reaches 10 billion! And the way we\x92ve programmed the road map of our project, that day is not far off. SIDE (Shikoku Inu Decentralized Ecosystem) The Shikoku Inu Decentralized Ecosystem (SIDE) allows its members to participate in the governing of the community. Holders and custodians of the Shikoku Inu token shall be granted voting rights depending on the amount of SHIK tokens they hold which shall ultimately translate into executive powers. The SIDE will continue to grow over time as the community grows alongside it. What this means is as things proceed, the community i.e., YOU shall be involved in the decision-making process every step of the way! This way we ensure that your voice won\x92t only be heard but implemented as well! That is the true meaning of a decentralized community. That is the dream that we wish to fulfill together. Our dream, our freedom, our Shikoku Inu! How To Buy: Make sure to check Shikoku\x92s YouTube channel for the tutorial: https://www.youtube.com/@shikokuinu Shikoshi\x92s Ending Remarks: When Shiba Inu was first launched not many people believed in the project, just like they didn\x92t when Ethereum was first launched and before that when the pioneer of this whole game Bitcoin was created. But what happened? Soon they all came to regret their mistakes and realized it to be the biggest sorrow of their lives. As those who believed made millions. Now that there\x92s another opportunity before you, will you be the one that believes? Opportunities like Shikoku Inu only come around once in a while. Born in a bear market, a new era of crypto is primed to launch, so don\x92t miss out on the token that could grant you the financial freedom that you so dearly desire. As the legendary investor Benjamin Graham says: \x93The intelligent investor is a realist who sells to optimists and buys from pessimists.\x94 Now is the time to be a realist, now is the time for action! Don\x92t miss out on another opportunity! Let\x92s build this together! If you have any queries or concerns do not hesitate to reach out to us on our social media accounts. For more in-depth technical details of our project, you can visit our official website , or read the whitepaper . Website | Telegram | Twitter | Discord | Reddit | Medium | TikTok | GitHub Disclaimer: The information provided in this release is not investment advice, financial advice or trading advice. It is simply the introduction of a novel Crypto startup, and it is recommended that you practice due diligence (including consultation with a professional financial advisor before investing or trading securities and cryptocurrencies). If you want any clarifications don\x92t hesitate to hit us up! shikoshi sanada [email protected] CONTACT: Shikoku Inu shikarmy at shikoku.io', 'MATSUYAMA, JAPAN, Dec. 19, 2022 (GLOBE NEWSWIRE) -- In a world where cryptocurrencies have managed to turn that initial curiosity, they had garnered some serious attention, where having freedom and access to decentralized assets are the leading objectives of man, we bring to you Shikoku Inu – The Next Shiba Inu!"\nBefore we begin let me quickly tell you a bit about our Origin Story.\nIn the aftermath of the recent crypto crash that brought the market to its knees, crypto enthusiasts and investors alike were left thirsting for more. They wanted to turn back time and relive the excitement of investing in lucrative decentralized tokens like Shiba Inu once again, and among those yearning individuals was Shikoshi – the founder of Shikoku himself.\nShikoshi spent days and nights on the internet, researching every new fancy token that launched, checking their Initial Coin Offerings (ICOs), and trying to find the potential that he and the world once saw in Shiba Inu, but it was all to no avail. There was nothing with the same spark and potential that he had first seen in the SHIB token.\nIn his relentless research and ponderings, he stumbled upon the origin story of Vitalik Buterin (the founder of Ethereum) who underwent a similar dilemma as he looked for ways to improve the loopholes he saw in Bitcoin.\nIt was only when he reached a deadlock, he realized that he had no option left but to \xa0solve his conundrum by creating what he wanted – Ethereum! And the rest is history.\nHis story inspired Shikoshi so much that instead of putting in tiring efforts in search for the next Shiba Inu, he decided to direct those efforts to create the next Shiba Inu, which brings us here.\nShikoku Inu – The Next Shib!\nShikoshi’s dream child, Shikoku Inu, wasn’t just created to fulfill his own desires but to solve a problem for the masses. With this thought driving his vision, the token Shikoku Inu takes decentralization and transparency up a notch to a level never seen before.\nShikoshi and his team are just the developers of this project and unlike your average developer, they do not aim to keep majority shareholdings to themselves but create a truly decentralized community where every person invested in this project has equal opportunity.\nTo prove his dedication Shikoshi has published his Private Key on Shikoku Inu’s website for all to see and use. There is no permanent allotted owner of Shikoku Inu, instead, it can be owned by all that wish to own it!\nEvery single member of our community will have access to the developer wallet and every single one of you will be able to add to it, building the project of our dreams together as we progress.\nExciting features of Shikoku. Why invest?\nIn recent times Crypto exchanges have lost the trust of investors and developers alike and this insecurity was further fueled by the FTX Collapse. In order to combat this insecurity, Shikoku aims to promote the idea of self-custody of tokens.\nGiving you access to the decentralized world of Cryptocurrencies along with the peace of mind that your assets are stored securely in your possession.\nWe know that the idea of self-custody of digital assets seems daunting and complex when you think about it but fret no more as that’s exactly what we’re here for! We’re here to educate our community on this process in the most simple and efficient manner.\nIn order to fulfill this dream, our platform was built on Mr. Buterin’s Et **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-12-20 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $323,676,725,700 - Hash Rate: 246114015.1556391 - Transaction Count: 268893.0 - Unique Addresses: 653824.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.29 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: NEW YORK (AP) — A co-founder of the fraudulent cryptocurrency OneCoin, a pyramid scheme that conned billions of dollars from investors worldwide, pleaded guilty to wire fraud and money laundering charges, U.S. prosecutors said Friday. Touted as a “Bitcoin killer,” prosecutors said the purported cryptocurrency co-founded by Ruja Ignatova and Karl Sebastian Greenwood in 2014 in Bulgaria was actually worthless. Though marketed as a cryptocurrency, it was never mined using computers and there was no public and verifiable blockchain. The value of OneCoin was not set by supply and demand, but by its operators, they said. Greenwood, 45, was arrested at his island residence in Thailand in 2018 and extradited to the United States. He pleaded guilty Friday in federal court in Manhattan. Greenwood, a citizen of Sweden and the United Kingdom, has been detained since his arrest. U.S. Attorney Damian Williams said Greenwood helped operate one of the largest international fraud schemes in history. His office said victims invested more than $4 billion. “Greenwood’s lies were designed with one goal, to get everyday people all over the world to part with their hard-earned money — real money — and to line his own pockets to the tune of hundreds of millions of dollars,” Williams said in a statement. Ignatova, nicknamed the Cryptoqueen and described as OneCoin’s top leader, disappeared in October 2017 and remains at large. In June, she was added to the FBI’s Top Ten Most Wanted List and there is a $100,000 reward for information leading to her arrest. OneCoin’s growth was fueled by multilevel marketing, in which members received commissions for recruiting others to purchase cryptocurrency packages. Though Ignatova boasted that OneCoin would be “the Bitcoin killer,” she and Greenwood referred to it as “trashy coin” in email correspondence. In one email, Greenwood referred to investors as idiots. Greenwood pleaded guilty to one count of conspiracy to commit wire fraud, one count of wire fraud and one count of conspiracy to commit money laundering. Each count carries a maximum sentence of 20 years in prison. He will be sentenced April 5.... - 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:** ['Troubled U.S.-based Bitcoin mining firm Greenidge Generation Holdings Inc. has entered a debt restructuring agreement with NYDIG, a cryptocurrency service provider to which Greenidge owes US$74 million.\nSee related article:Bitcoin mining difficulty rises 3.27% in latest adjustment\n• As part of theagreementannounced on Tuesday, NYDIG will purchase Greenidge’s mining machines with about 2.8 exahashes per second (EH/s) of mining capacity. Greenidge will continue to host the machines.\n• The Nasdaq-listed miner plans to retain ownership of mining rigs with 1.2 EH/s capacity but may transfer its credits, coupons and additional assets to NYDIG under the agreement.\n• In exchange, NYDIG would reduce the debt to between US$57 million and US$68 million.\n• Without more liquidity, Greenidge risks losing the ability to support its business operations within the next two months, the company said in the Tuesday statement.\n• Greenidge said its board has “engaged in active discussions about the potential for, and timing of, a voluntary bankruptcy filing.”\n• The company said that even with the NYDIG deal, Greenidge still needs at least US$20 million in additional liquidity to fund its cash requirements.\n• Greenidge’s shares on the Nasdaq closed down 17.97% at US$0.3012 on Tuesday, down from US$17.46 a year ago.\n• Several U.S.-based mining firms, includingCore ScientificandCompute North, are mired in liquidity crunches. Another miner, Foundry Digital LLC,said last monththat it plans to acquire two turnkey mining facilities from Compute North.\nSee related article:U.S. considering bill to require crypto miners to report carbon emissions', 'Troubled U.S.-based Bitcoin mining firm Greenidge Generation Holdings Inc. has entered a debt restructuring agreement with NYDIG, a cryptocurrency service provider to which Greenidge owes US$74 million.\nSee related article:Bitcoin mining difficulty rises 3.27% in latest adjustment\n• As part of theagreementannounced on Tuesday, NYDIG will purchase Greenidge’s mining machines with about 2.8 exahashes per second (EH/s) of mining capacity. Greenidge will continue to host the machines.\n• The Nasdaq-listed miner plans to retain ownership of mining rigs with 1.2 EH/s capacity but may transfer its credits, coupons and additional assets to NYDIG under the agreement.\n• In exchange, NYDIG would reduce the debt to between US$57 million and US$68 million.\n• Without more liquidity, Greenidge risks losing the ability to support its business operations within the next two months, the company said in the Tuesday statement.\n• Greenidge said its board has “engaged in active discussions about the potential for, and timing of, a voluntary bankruptcy filing.”\n• The company said that even with the NYDIG deal, Greenidge still needs at least US$20 million in additional liquidity to fund its cash requirements.\n• Greenidge’s shares on the Nasdaq closed down 17.97% at US$0.3012 on Tuesday, down from US$17.46 a year ago.\n• Several U.S.-based mining firms, includingCore ScientificandCompute North, are mired in liquidity crunches. Another miner, Foundry Digital LLC,said last monththat it plans to acquire two turnkey mining facilities from Compute North.\nSee related article:U.S. considering bill to require crypto miners to report carbon emissions', 'Troubled U.S.-based Bitcoin mining firm Greenidge Generation Holdings Inc. has entered a debt restructuring agreement with NYDIG, a cryptocurrency service provider to which Greenidge owes US$74 million. See related article: Bitcoin mining difficulty rises 3.27% in latest adjustment Fast facts As part of the agreement announced on Tuesday, NYDIG will purchase Greenidge\x92s mining machines with about 2.8 exahashes per second (EH/s) of mining capacity. Greenidge will continue to host the machines. The Nasdaq-listed miner plans to retain ownership of mining rigs with 1.2 EH/s capacity but may transfer its credits, coupons and additional assets to NYDIG under the agreement. In exchange, NYDIG would reduce the debt to between US$57 million and US$68 million. Without more liquidity, Greenidge risks losing the ability to support its business operations within the next two months, the company said in the Tuesday statement. Greenidge said its board has \x93engaged in active discussions about the potential for, and timing of, a voluntary bankruptcy filing.\x94 The company said that even with the NYDIG deal, Greenidge still needs at least US$20 million in additional liquidity to fund its cash requirements. Greenidge\x92s shares on the Nasdaq closed down 17.97% at US$0.3012 on Tuesday, down from US$17.46 a year ago. Several U.S.-based mining firms, including Core Scientific and Compute North , are mired in liquidity crunches. Another miner, Foundry Digital LLC, said last month that it plans to acquire two turnkey mining facilities from Compute North. See related article: U.S. considering bill to require crypto miners to report carbon emissions', 'Bitcoin prices rose Wednesday morning in Asia amid a week of volatile price movements in end-of-year trading. Ether gained after credit-card giant Visa said it’s exploring how to introduce recurring, automatic payments for self-custodial Ethereum wallets. Other non-stablecoin top 10 cryptocurrencies also moved higher. See related article: Visa explores auto payments on Ethereum Fast facts Bitcoin gained 2.9% to US$16,890 in the 24 hours to 8:15 a.m. in Hong Kong, while Ether rose 4.3% to trade at US$1,215, according to CoinMarketCap . The global crypto market cap rose 2.8% to $814 billion in the past 24 hours, while total trading volume surged 22% to US$37.9 billion. Arcane Research in a note said Bitcoin volatility hit December highs and lows in the past seven days, while Bitcoin’s correlation to U.S. equities grew in the same period. BNB rebounded 4.4% to change hands at US$250.37 in the biggest gain in the top ten list after a slump that saw clients last week pull billions of dollars of investments from the Binance exchange, the token’s issuer, amid reports it may face a U.S. legal investigation. Questions have also been raised about the comprehensiveness of a published review of the exchange’s reserves. The token is still down 8% for the past seven days. Dogecoin jumped 4.2% to trade at US$0.074. The memecoin made up some ground from heavy losses on speculation long-time memecoin supporter Elon Musk will resign as head of Twitter . Musk had previously said he may use Dogecoin as a payment system on Twitter. The token is still down more than 18% on the week. Polygon’s token Matic gained 3.8% to US$0.79 following Polygon co-founder Sandeep Nailwal announcing Beacon, a Web3 accelerator program . The program is headed by Nailwal and includes other leaders in the digital asset industry. It will focus on the creation of software to improve discussions and transparency between developers and investors. U.S. equities rose on Tuesday. The Dow Jones Industrial Average gained 0.3%, the S&P 500 Index ended up 0.1% and the Nasdaq Composite Index rose less than 0.1%. See related article: Binance “deliberately” caused FTX collapse, Kevin O’Leary claims', 'Bitcoin prices rose Wednesday morning in Asia amid a week of volatile price movements in end-of-year trading. Ether gained after credit-card giant Visasaidit’s exploring how to introduce recurring, automatic payments for self-custodial Ethereum wallets. Other non-stablecoin top 10 cryptocurrencies also moved higher.See related article:Visa explores auto payments on Ethereum\n• Bitcoin gained 2.9% to US$16,890 in the 24 hours to 8:15 a.m. in Hong Kong, while Ether rose 4.3% to trade at US$1,215,according to CoinMarketCap.\n• The global crypto market cap rose 2.8% to $814 billion in the past 24 hours, while total trading volume surged 22% to US$37.9 billion. Arcane Research in anotesaid Bitcoin volatility hit December highs and lows in the past seven days, while Bitcoin’s correlation to U.S. equities grew in the same period.\n• BNB rebounded 4.4% to change hands at US$250.37 in the biggest gain in the top ten list after a slump that saw clients last weekpull billions of dollars of investmentsfrom the Binance exchange, the token’s issuer, amid reports it may face a U.S. legal investigation.Questions have also been raisedabout the comprehensiveness of a published review of the exchange’s reserves. The token is still down 8% for the past seven days.\n• Dogecoin jumped 4.2% to trade at US$0.074. The memecoin made up some ground from heavy losses on speculation long-time memecoin supporter Elon Musk willresign as head of Twitter. Musk had previously said he may use Dogecoin as a payment system on Twitter. The token is still down more than 18% on the week.\n• Polygon’s token Matic gained 3.8% to US$0.79 following Polygon co-founder Sandeep Nailwal announcingBeacon, a Web3 accelerator program. The program is headed by Nailwal and includes other leaders in the digital asset industry. It will focus on the creation of software to improve discussions and transparency between developers and investors.\n• U.S. equities rose on Tuesday. The Dow Jones Industrial Average gained 0.3%, the S&P 500 Index ended up 0.1% and the Nasdaq Composite Index rose less than 0.1%.\nSee related article:Binance “deliberately” caused FTX collapse, Kevin O’Leary claims', 'Bitcoin prices rose Wednesday morning in Asia amid a week of volatile price movements in end-of-year trading. Ether gained after credit-card giant Visasaidit’s exploring how to introduce recurring, automatic payments for self-custodial Ethereum wallets. Other non-stablecoin top 10 cryptocurrencies also moved higher.See related article:Visa explores auto payments on Ethereum\n• Bitcoin gained 2.9% to US$16,890 in the 24 hours to 8:15 a.m. in Hong Kong, while Ether rose 4.3% to trade at US$1,215,according to CoinMarketCap.\n• The global crypto market cap rose 2.8% to $814 billion in the past 24 hours, while total trading volume surged 22% to US$37.9 billion. 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: 2022-12-21 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $324,132,068,250 - Hash Rate: 251387886.90897432 - Transaction Count: 272491.0 - Unique Addresses: 653064.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.26 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Good morning. Here’s what’s happening: Prices:DOGE was soaring again, UNI jumped and bitcoin and ether traded flat a day before the Fed's latest, likely 75 basis point, rate hike. Insights:Ripple's policy director for the Asia Pacific rim region noted a shift in Hong Kong's recent policy statement, but said the industry needs more details. 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. CoinDesk Market Index (CMI) 1,027.79+2.50.2 Bitcoin (BTC) $20,490+2.30.0 Ethereum (ETH) $1,581+9.60.6 S&P 500 daily close 3,856.10−15.90.4 Gold $1,650+14.00.9 Treasury Yield 10 Years 4.050.0 BTC/ETH prices perCoinDesk Indices; gold is COMEX spot price. Prices as of about 4 p.m. ET DOGE Continues to Climb; Bitcoin Trades Flat By James Rubin The DOGE were on the loose again in Tuesday trading, while bitcoin and ether remained more tightly leashed. The popular meme coin was recently trading over 13 cents, a more than 12% gain for the past 24 hours and its highest point since late April. DOGE has been soaring since the middle of last week as billionaire entrepreneur and dogecoin enthusiast Elon Musk neared the close of his $44 billion purchase of social media platform Twitter. BTC and ETH were recently changing hands sideways with the largest cryptocurrency in market value down a smidgen and ether in the green. Bitcoin held its place snuggling above the $20,000 threshold it assumed more than a week ago amid hopeful signs the U.S. central bank will scale back its current diet of hefty interest rate hikes by early next year, if not sooner. The Federal Open Market Committee, which sets monetary policy, will likely announce a fourth consecutive 75 basis point increase on Wednesday. Yet recent indicators suggest that inflation will soon be waning meaningfully without throwing the economy into a harsh recession. As CoinDesk analyst Glenn Williamswrote, investors hoping for a more dovish turn in monetary policy may look optimistically at a percentage decline in the M2 money supply growth from a year ago. The parabolic increase in U.S. money supply during 2020 is largely behind the current inflationary environment. The reduced supply growth could be evidence that recent Federal Reserve measures are working. DOGE was not the only altcoin to surge as UNI recently rose 3.3%.Decentralized exchange(DEX) Uniswap’s native tokenwas upmore than 5.1% at one point and has climbed more than 10% over the past week. The gains have followed Uniswap's closing of a $165 million Series B funding round earlier in October. Meanwhile, equity markets closed down slightly with the tech heavy Nasdaq and S&P 500 dropping 0.8% and 0.4%, respectively. Noting an unexpected increase in job openings in the latest U.S. JOLTs (Job Openings and Labor Turnover Survey) data, Edward Moya, senior market analyst at foreign exchange market maker Oanda, wrote pessimistically that "momentum was building on expectations for the Fed to downshift their tightening pace in December, but now that call seems like it may have been premature. Rates might need to stay higher for longer if the labor market is still healthy and inflation ends up being stickier than markets are initially thinking." Moya added: "It seems like Wall Street might have to wait until the New Year for the Fed to downshift, which means Bitcoin could be vulnerable to finish the week lower." [{"Asset": "Dogecoin", "Ticker": "DOGE", "Returns": "+14.5%", "DACS Sector": "Currency"}, {"Asset": "Shiba Inu", "Ticker": "SHIB", "Returns": "+4.0%", "DACS Sector": "Currency"}, {"Asset": "Ethereum", "Ticker": "ETH", "Returns": "+0.8%", "DACS Sector": "Smart Contract Platform"}] [{"Asset": "Gala", "Ticker": "GALA", "Returns": "\u22124.3%", "DACS Sector": "Entertainment"}, {"Asset": "Avalanche", "Ticker": "AVAX", "Returns": "\u22123.2%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Terra", "Ticker": "LUNA", "Returns": "\u22122.9%", "DACS Sector": "Smart Contract Platform"}] What Does Hong Kong's Policy Statement Really Mean? By Sam Reynolds Hong Kong may be“ready to engage” with the digital assets industry to provide retail investors with a “suitable degree of access to virtual assets,” but the industry still needs to see more details of what this plan entails, says Ripple’s Rahul Advani, the firm’s policy director for APAC. “The tone has changed slightly,” Advani told CoinDesk. Previously, Hong Kong authorities had been adamant that investment in virtual assets was only to be the domain of professional (accredited) investors. Sam Bankman-Fried cited this as one of the reasons, alongside COVID-19 restrictions, why FTX moved its headquarters fromHong Kong to the Bahamas last year. “But I think the statement was very broad,” Advani continued. “What we’re expecting to see next is a consultation from the [Securities and Futures Commission], which will have more specifics on what that permission looks like.” Advani believes that the “devil is in the details.” There could be all sorts of clauses the SFC throws in, like suitability tests or other types of restrictions on how much you can trade and trading venues such as what Singapore has. In Singapore, the government is not anti-retail crypto, but it has been “very clear that not all retail investors should be investing in crypto assets,” Advani said,pointing to a recent consultationfrom the Monetary Authority of Singapore, which advocates for suitability tests for investors and restrictions on borrowing to purchase crypto. “Singapore is ensuring that there are safeguards in place,” he said. “They’ve said that they aren’t going to ban retail participation in crypto because that’s going to move the market offshore. And it's not solving risks.” Hong Kong vs. Singapore? While some have argued that the crown for Asia’s crypto hub is a zero-sum, winner-take-all, game. Advani doesn’t agree. “I don't think it's a question of Singapore versus Hong Kong. I think the market is big enough that both Singapore and Hong Kong can coexist,” he said. Retail crypto’s rise in Hong Kong doesn’t come at a cost to Singapore. But the question remains, what will that rise look like? For now, everyone is in wait-and-see mode. “It’s a positive statement that we’ve seen from the Hong Kong government ... We’re waiting to see that consultation.” 8:15 p.m. HKT/SGT(12:15 UTC)United States ADP Employment Change (Oct.) 2:00 a.m. HKT/SGT(18:00 UTC)United States Fed's Monetary Policy Statement 6:00 a.m. HKT/SGT(22:00 UTC)Australia S&P Global Services PMI (Oct.) In case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV: Dogecoin Trumps All Other Major Cryptos in October; Binance Exec on Future of Twitter Under Elon Musk: Binance Chief Strategy Officer Patrick Hillmann joined "First Mover" to discuss the crypto exchange's involvement in Twitter under the direction of Elon Musk. Plus, dogecoin (DOGE) was the top performer in October among the 150 digital assets in the CoinDesk Market Index (CMI). Digital asset analysts attributed the big jump in DOGE to Musk’s $44 billion takeover of Twitter – ostensibly tied to speculation that the deal might somehow, eventually, bring value or utility to the Dogecoin blockchain and its eponymous cryptocurrency. Early MakerDAO Developer and Stablecoin Pioneer Found Dead in Puerto Rico:A 29-year-old man's body was pulled from the currents Friday morning off a beach in the Condado area of San Juan, El Nuevo Dia reported, citing local police. South African Supermarket Chain Pick n Pay Now Accepts Bitcoin Payments, South Africa's The Times Reports:The retailer is taking payments from any Lightning Network-enabled wallet. Crypto Regulation Will Be a Priority for G-20 Under India Presidency, Official Says:India is set to take over the presidency of the intergovernmental group for one year starting in December. Elon Musk Tweet Sparks Flurry of Twitter-Themed Dogecoin Tokens:The price of some 67 tokens dropped more than 90% following their issuance, on-chain data shows. Dollar Reversal Could Bring Inflationary Pressure, Former U.S. Treasury Secretary Larry Summers Warns:Speculation is mounting over when the Federal Reserve might pivot dovish. But economists, including Summers, warn any such move might lead to weakness in the U.S. dollar versus other global currencies, in turn driving up prices for imports.... - 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:** ['Good morning. Here’s what’s happening: Prices: The action was in Popsicle\'s ICE token against mostly flat trading for crypto markets including bitcoin. Insights: Crypto has yet to cause a fiat financial crisis. So why is there talk of banning it? asks Sam Reynolds. Prices CoinDesk Market Index (CMI) 794.82 −3.3 ▼ 0.4% Bitcoin (BTC) $16,843 +1.2 ▲ 0.0% Ethereum (ETH) $1,216 +7.1 ▲ 0.6% S&P 500 daily close 3,878.44 +56.8 ▲ 1.5% Gold $1,825 +9.4 ▲ 0.5% Treasury Yield 10 Years 3.68% ▲ 0.0 BTC/ETH prices per CoinDesk Indices ; gold is COMEX spot price. Prices as of about 4 p.m. ET The heat is elsewhere as bitcoin hibernates By Brad Keoun Cryptocurrencies were barely budging in early Asia hours, even after a decent day of gains in U.S. stocks on Wednesday. The benchmark CoinDesk Market Index (CMI) of digital assets was down 0.3% over the past 24 hours. Bitcoin was trading flat, just above $16,800. "Bitcoin isn\'t getting much of a boost from the positive risk-on environment that is running through Wall Street," Edward Moya, senior market analyst at the foreign-exchange brokerage Oanda, wrote Wednesday in a note. The hot action was in the decentralized finance (DeFI) protocol Popsicle Finance\'s ICE token, which tripled over the past 24 hours after the controversial yet prolific blockchain developer Daniele Sestagalli said he was returning to the project after a hiatus. Insights Crypto has yet to cause a fiat financial crisis. Why the talk of bans? By Sam Reynolds Without a doubt, the digital asset industry is in the depths of a market that looks a lot like 2008. One could even say that the elaborate DeFi protocols with questionable collateralization accelerated the market decline, in the same way that exotic derivative vehicles like collateralized debt obligations (CDO) made the 2008 crisis worse. But the damage is limited to crypto. There’s no evidence to suggest that some form of contagion has materialized that has spread over to the TradFi markets. Certainly, macroeconomic factors like interest rates and the strength of the dollar have impacted crypto , but so far this is a one-way street. Story continues The establishment sees it differently. In a recent speech , India\'s central bank Governor Shaktikanta Das forecasted that the next financial crisis would start with crypto and thus, it should be banned. "Our view is that it should be prohibited because if you try to regulate it and allow it to grow, please mark my words, the next financial crisis will come from private cryptocurrencies," CoinDesk reported Das as saying. "They have no underlying value. They have huge inherent risks for our macro economic and financial stability. I [have] yet to hear any credible argument about what public good or what public purpose it serves." Sherrod Brown (D-Ohio), the U.S. Senate Banking Committee chairman, made a similar argument during a recent appearance on the television news program "Meet the Press" but was able to (correctly) say that this would be difficult as it would simply force crypto to move entirely offshore. The financial crisis both are referring to is a loss of state control of money. This was also a theme in the white paper for China’s central bank digital currency (CBDC). While India has liberalized capital controls in recent years, they still exist. It maintains strict control over the nation’s money supply under the auspices of fighting inflation – which could be lethal for an emerging market with a large percentage of low earners. The U.S. doesn’t like crypto because it\'s a headache for its hegemonic ambitions. In a world that largely trades in dollars, U.S. control over the money supply means it can prosecute crimes when there is only a marginal connection to the country (see: Huawei , and BitMex ). For lawmakers in both countries, it would be easier if crypto just "went away." Even after a year where there was a trifecta of calamity — Terra, Three Arrows Capital and FTX — bitcoin is still at $16,800, and the broader crypto market cap is just north of $800 billion. Crypto has weathered the storm that macroeconomic events and black swans brought upon it. Although it continues to be in the crosshairs of regulators, its problems have yet to cross the chasm into traditional finance (TradFi). If they really want to ban crypto, they are going to need to try a bit harder. Important events 3:00 p.m. HKT/SGT(7:00 UTC) United Kingdom Gross Domestic Product (QoQ) 9:30 p.m. HKT/SGT(13:30 UTC) United States Gross Domestic Product Annualized (Q3) 7:30 a.m. HKT/SGT(23:30 UTC) Bank of Japan Monetary Policy Meeting Minutes CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Sam Bankman-Fried Reportedly Set for Extradition to the US; Justin Sun on Crypto Winter "First Mover" covered the top stories in crypto, including Sam Bankman-Fried reportedly signing paperwork to begin the extradition process. Bernie Madoff\'s former attorney, Ira Lee Sorkin, weighed in. Plus, Tron founder Justin Sun discussed the chill of crypto winter as Core Scientific, one of the largest bitcoin miners, filed for bankruptcy. And Teddy Fusaro of Bitwise Asset Management provided his crypto markets outlook heading into the new year. Headlines Is Ethereum’s Censorship Problem Taking a Turn?: New relayers and community efforts have contributed to a decline in censorship on the blockchain Peer-to-Peer Crypto Marketplace Paxful Removes ETH From Platform: ETH has basically become a digital form of fiat thanks to its switch to a proof-of-stake validating mechanism, argued Youssef. Craig Wright v. Peter McCormack: Judge Rules McCormack Should Pay Around $1.1M in Costs: Wright had argued that McCormack should pay the majority of costs for the legal proceedings, but then accepted to pay all McCormack\'s costs save for those ruled in Wright\'s favor. Metaverse-First Blockchain Lamina1 Launches Rolling Fund for Web3 Builders: The layer 1 blockchain is the brainchild of Neal Stephenson, who coined the term "metaverse" in 1992, and Peter Vessenes, co-founder of the Bitcoin Foundation. Bernie Madoff’s Lawyer Says Sam Bankman-Fried Should ‘Shut Up\': Ira Lee Sorkin, partner at law firm Mintz & Gold, discusses why he would’ve told the disgraced CEO to “keep his mouth shut” and not speak to various media outlets after the FTX exchange filed for bankruptcy protection.', 'Good morning. Here’s what’s happening:\nPrices:The action was in Popsicle\'s ICE token against mostly flat trading for crypto markets including bitcoin.\nInsights:Crypto has yet to cause a fiat financial crisis. So why is there talk of banning it? asks Sam Reynolds.\nCoinDesk Market Index (CMI)\n794.82\n−3.3▼0.4%\nBitcoin (BTC)\n$16,843\n+1.2▲0.0%\nEthereum (ETH)\n$1,216\n+7.1▲0.6%\nS&P 500 daily close\n3,878.44\n+56.8▲1.5%\nGold\n$1,825\n+9.4▲0.5%\nTreasury Yield 10 Years\n3.68%\n▲0.0\nBTC/ETH prices perCoinDesk Indices; gold is COMEX spot price. Prices as of about 4 p.m. ET\nThe heat is elsewhere as bitcoin hibernates\nBy Brad Keoun\nCryptocurrencies were barely budging in early Asia hours, even after a decent day of gains in U.S. stocks on Wednesday.\nThe benchmarkCoinDesk Market Index(CMI) of digital assets was down 0.3% over the past 24 hours. Bitcoin was trading flat, just above $16,800.\n"Bitcoin isn\'t getting much of a boost from the positive risk-on environment that is running through Wall Street," Edward Moya, senior market analyst at the foreign-exchange brokerage Oanda, wrote Wednesday in a note.\nThe hot action was in the decentralized finance (DeFI) protocolPopsicle Finance\'s ICE token, which tripled over the past 24 hoursafter the controversial yet prolific blockchain developer Daniele Sestagalli said he was returning to the project after a hiatus.\nCrypto has yet to cause a fiat financial crisis. Why the talk of bans?\nBy Sam Reynolds\nWithout a doubt, the digital asset industry is in the depths of a market that looks a lot like 2008. One could even say that the elaborate DeFi protocols with questionable collateralization accelerated the market decline, in the same way that exotic derivative vehicles like collateralized debt obligations (CDO) made the 2008 crisis worse.\nBut the damage is limited to crypto. There’s no evidence to suggest that some form of contagion has materialized that has spread over to the TradFi markets. Certainly, macroeconomic factors likeinterest rates and the strength of the dollarhaveimpacted crypto, but so far this is a one-way street.\nThe establishment sees it differently.\nIn a recent speech, India\'s central bank Governor Shaktikanta Das forecasted that the next financial crisis would start with crypto and thus, it should be banned.\n"Our view is that it should be prohibited because if you try to regulate it and allow it to grow, please mark my words, the next financial crisis will come from private cryptocurrencies," CoinDesk reported Das as saying. "They have no underlying value. They have huge inherent risks for our macro economic and financial stability. I [have] yet to hear any credible argument about what public good or what public purpose it serves."\nSherrod Brown (D-Ohio), the U.S. Senate Banking Committee chairman, made a similar argument during arecent appearance on the television news program "Meet the Press"but was able to (correctly) say that this would be difficult as it would simply force crypto to move entirely offshore.\nThe financial crisis both are referring to is a loss of state control of money. This was also a theme inthe white paperfor China’s central bank digital currency (CBDC).\nWhile Indiahas liberalized capital controlsin recent years, they still exist. It maintainsstrict control over the nation’s money supplyunder the auspices of fighting inflation – which could be lethal for an emerging market with a large percentage of low earners.\nThe U.S. doesn’t like crypto because it\'s a headache for its hegemonic ambitions. In a world that largely trades in dollars, U.S. cont **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-12-22 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $323,837,065,888 - Hash Rate: 237324228.90008065 - Transaction Count: 271181.0 - Unique Addresses: 665463.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.28 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Getty Images US stocks opened lower Thursday as the sell-off from a day earlier continued. The US dollar and bond yields both gained with investors seeking cover. On Wednesday, Fed chief Jerome Powell squashed hopes of a policy pivot following another jumbo rate hike. US stocks fell Thursday, with investors still digesting hawkish rhetoric from Federal Reserve Chairman Jerome Powell a day earlier. The central bank's fourth consecutive 75-basis-point rate hike on Wednesday was widely anticipated, but Powell said it's still too early to pivot while and inflation remains persistent. "The key takeaway is that there may be slower rate hikes in the future, but these may be higher than previously anticipated," said Jamie Dutta, market analyst at Vantage. "For the Fed, it is now about the destination, not the journey. For markets, it is how long the FOMC raise rates in restrictive territory and into 2023." Elsewhere, the Bank of England hiked benchmark interest rates by 75 basis points Thursday, dragging down gilts and the pound sterling. Both the dollar and bond yields gained. Here's where US indexes stood at the 9:30 a.m. opening bell on Thursday: S&P 500 : 3,720.74, down 1.04% Dow Jones Industrial Average : 31,934.54, down 0.66% (213.22 points) Nasdaq Composite : 10,413.61, down 1.06% Here's what else is happening today: Here are the top takeaways from Fed chair Powell's comments yesterday on the path for future rate hikes. Apple's market capitalization climbed to $2.307 trillion and is now worth more than Alphabet, Amazon and Meta combined. China's central banker governor said the yuan will be stable , while the Fed's latest rate hike sent the currency near a 15-year low. In commodities, bonds, and crypto: West Texas Intermediate crude fell 1.56% to $88.57 per barrel. Brent crude, the international benchmark, rose 1.22% to $94.97. Gold declined 1.06% to $1,617.59 per ounce. The 10-year Treasury yield jumped 14.9 basis points to 4.21%. Bitcoin inched up 0.02% to $20,125.09. Read the original article on Business Insider... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin and Ether traded higher Friday morning in Asia, along with nearly all other non-stablecoin top 10 cryptocurrencies. Dogecoin led the gains with a rise of nearly 4.5%, followed by Cardano and XRP. BNB edged lower.\nSee related article:Retiring U.S. Senator Pat Toomey introduces bill for regulating stablecoins\n• Bitcoin edged up 0.07% to US$16,829 in the 24 hours to 8 a.m. in Hong Kong, while Ether rose 0.36% to change hands at US$1,218, according todata from CoinMarketCap.\n• Dogecoin gained 4.46% to trade at US$0.07696, recovering from some heavy losses logged earlier this week after long-time Dogecoin supporter Elon Musk said he willstep downas Twitter chief.\n• Twitter on Thursday enabled a new search feature that shows Bitcoin and Etherprice charts, but the function has yet to be available for the memecoin. The token traded down 9.16% over the past seven days.\n• Cardano rose 1.33% to US$0.2565 after losing 14.52% over the past week. XRP nudged up 1% to flip hands at US$0.3496, but was still down 7.57% in the past seven days. BNB slipped 0.06%.\n• The price movements came after news emerged that Sam Bankman-Fried, founder of the failed FTX.com exchange, was released on aUS$250 million bail packageon Thursday in the U.S.\n• The collapse of Bankman-Fried’s exchange last month amid fraud charges prompted massive selling and withdrawals from centralized crypto exchanges as investors worried more failures could follow.\n• U.S. equities ended the day lower on Thursday. The Dow Jones Industrial Average fell 1.05%, and the S&P 500 Index lost 1.45%. The Nasdaq Composite Index was down 2.18%. The declines followed a relief rally on Wednesday after data showed the U.S.consumer confidence indexreached an eight-month high in December.\nSee related article:SEC, Ripple get extensions to exclude expert testimony in XRP lawsuit', 'Bitcoin and Ether traded higher Friday morning in Asia, along with nearly all other non-stablecoin top 10 cryptocurrencies. Dogecoin led the gains with a rise of nearly 4.5%, followed by Cardano and XRP. BNB edged lower.\nSee related article:Retiring U.S. Senator Pat Toomey introduces bill for regulating stablecoins\n• Bitcoin edged up 0.07% to US$16,829 in the 24 hours to 8 a.m. in Hong Kong, while Ether rose 0.36% to change hands at US$1,218, according todata from CoinMarketCap.\n• Dogecoin gained 4.46% to trade at US$0.07696, recovering from some heavy losses logged earlier this week after long-time Dogecoin supporter Elon Musk said he willstep downas Twitter chief.\n• Twitter on Thursday enabled a new search feature that shows Bitcoin and Etherprice charts, but the function has yet to be available for the memecoin. The token traded down 9.16% over the past seven days.\n• Cardano rose 1.33% to US$0.2565 after losing 14.52% over the past week. XRP nudged up 1% to flip hands at US$0.3496, but was still down 7.57% in the past seven days. BNB slipped 0.06%.\n• The price movements came after news emerged that Sam Bankman-Fried, founder of the failed FTX.com exchange, was released on aUS$250 million bail packageon Thursday in the U.S.\n• The collapse of Bankman-Fried’s exchange last month amid fraud charges prompted massive selling and withdrawals from centralized crypto exchanges as investors worried more failures could follow.\n• U.S. equities ended the day lower on Thursday. The Dow Jones Industrial Average fell 1.05%, and the S&P 500 Index lost 1.45%. The Nasdaq Composite Index was down 2.18%. The declines followed a relief rally on Wednesday after data showed the U.S.consumer confidence indexreached an eight-month high in December.\nSee related article:SEC, Ripple get extensions to exclude expert testimony in XRP lawsuit', 'Bitcoin and Ether traded higher Friday morning in Asia, along with nearly all other non-stablecoin top 10 cryptocurrencies. Dogecoin led the gains with a rise of nearly 4.5%, followed by Cardano and XRP. BNB edged lower. See related article: Retiring U.S. Senator Pat Toomey introduces bill for regulating stablecoins Fast facts Bitcoin edged up 0.07% to US$16,829 in the 24 hours to 8 a.m. in Hong Kong, while Ether rose 0.36% to change hands at US$1,218, according to data from CoinMarketCap . Dogecoin gained 4.46% to trade at US$0.07696, recovering from some heavy losses logged earlier this week after long-time Dogecoin supporter Elon Musk said he will step down as Twitter chief. Twitter on Thursday enabled a new search feature that shows Bitcoin and Ether price charts , but the function has yet to be available for the memecoin. The token traded down 9.16% over the past seven days. Cardano rose 1.33% to US$0.2565 after losing 14.52% over the past week. XRP nudged up 1% to flip hands at US$0.3496, but was still down 7.57% in the past seven days. BNB slipped 0.06%. The price movements came after news emerged that Sam Bankman-Fried, founder of the failed FTX.com exchange, was released on a US$250 million bail package on Thursday in the U.S. The collapse of Bankman-Fried’s exchange last month amid fraud charges prompted massive selling and withdrawals from centralized crypto exchanges as investors worried more failures could follow. U.S. equities ended the day lower on Thursday. The Dow Jones Industrial Average fell 1.05%, and the S&P 500 Index lost 1.45%. The Nasdaq Composite Index was down 2.18%. The declines followed a relief rally on Wednesday after data showed the U.S. consumer confidence index reached an eight-month high in December. See related article: SEC, Ripple get extensions to exclude expert testimony in XRP lawsuit', 'Craig Wright, the Australian computer scientist has claimed for years to be Satoshi Nakamoto—the pseudonymous creator of Bitcoin—has signaled that he may be ending his infamous campaign to convince the world that he is crypto’s founding father.\n“I have been too angry for too long as I cared for external validation,” Wright tweeted late Wednesday. “The only validation I seek now is from my family and from seeing my ideas come to fruition and to be used by the world. Not everyone wants what I have to offer…”\nSince 2016, Wright publicly claimed to have invented Bitcoin, despite having never been able to produce the private keys to Satoshi’s Bitcoin address—essentially the only way to prove it.\nWright’s attorneys toldDecryptin 2020 that the computer scientist did not have possession of Satoshi’s keys, and would not clarify who else had them or why. But they maintained that Wright expected to receive them at a later date. In the two years since, none have emerged.\nThe Bitcoin Genesis Block: How It All Started\nIn August, a British court ruled that Wright submitted“deliberately false” evidencein a defamation case he filed against Peter McCormack, a podcaster who repeatedly called Wright a “fraud” for claiming to be Satoshi.\nThe court determined that McCormack’s tweets caused serious harm to Wright’s reputation, but the judge ultimately awarded Wright damages of£1, stating it would be “unconscionable” for Wright to receive anything more after submitting false evidence.\nWright first gained notoriety in 2015, after aWiredarticle argued the computer scientist invented Bitcoin by citing blog posts by Wright that discussed the cryptocurrency days before its beta release in 2009. Wright then came forward and confirmed that he was in fact Satoshi. But evidence from theWayback Machinesoon thereafter revealedthat the blog post may have actually been written years later, in 2013 or 2014, and backdated.\nWiredbacktracked, stating it now doubted Wright’s story, and considered it a potential “hoax.”\nCraig Wright Loses Lawsuit Against Hodlonaut in Norway Over Satoshi Nakamoto Claims\nThe intervening years saw Wright file alitany of lawsuitsagainst a number of crypto leaders who publicly doubted his story. Most were dropped, dismissed, or ultimately unsuccessful. One of the last of those suits, against crypto influencer Hodlonaut, saw some resolution in October when aNorwegian court determinedthat Hodlonaut did not defame Wright when he called him a “pathetic scammer” who was “clearly mentally ill” and a “fraud.”\nWright, tweeting Wednesday, did not appear to surrender his claims to inventing Bitcoin, characterizing anyone who doubted his identity and story as “[t]hose seeking greed,” who “loathe all bitcoin stands for and seek to twist it.”\nBut years of public and legal skepticism of Wright appear to have made an impact.\n“I no longer care what you think,” Wright wrote. “I seek to see my creation used. The rest is no longer important.”\nIf his goal truly is Bitcoin’s adoption, Wright’s days of anger should soon be behind him.', 'Craig Wright, the Australian computer scientist has claimed for years to be Satoshi Nakamoto—the pseudonymous creator of Bitcoin—has signaled that he may be ending his infamous campaign to convince the world that he is crypto’s founding father.\n“I have been too angry for too long as I cared for external validation,” Wright tweeted late Wednesday. “The only validation I seek now is from my family and from seeing my ideas come to fruition and to be used by the world. Not everyone wants what I have to offer…”\nSince 2016, Wright publicly claimed to have invented Bitcoin, despite having never been able to produce the private keys to Satoshi’s Bitcoin address—essentially the only way to prove it.\nWright’s attorneys toldDecryptin 2020 that the computer scientist did not have possession of Satoshi’s keys, and would not clarify who else had them or why. But they maintained that Wright expected to receive them at a later date. In the two years since, none have emerged.\nThe Bitcoin Genesis Block: How It All Started\nIn August, a British court ruled that Wright submitted“deliberately false” evidencein a defamation case he filed against Peter McCormack, a podcaster who repeatedly called Wright a “fraud” for claiming to be Satoshi.\nThe court determined that McCormack’s tweets caused serious harm to Wright’s reputation, but the judge ultima **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-12-23 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $324,177,001,200 - Hash Rate: 232050357.1467456 - Transaction Count: 273926.0 - Unique Addresses: 680283.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.27 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: TORONTO, Dec. 16, 2022 (GLOBE NEWSWIRE) -- Ninepoint Partners LP (“Ninepoint Partners”) today announced the estimated annual 2022 capital gains distributions for its ETF Series securities. Ninepoint Partners expects to announce the final year-end distribution amounts on or about December 21, 2022. The record date for the distributions is December 30, 2022 All distributions are payable on January 9, 2023. The per-unit estimated distributions are detailed below: [{"Ninepoint ETF Series": "Ninepoint Energy Fund", "Ticker": "NNRG", "Estimated Notional CapitalGain Distribution per unit": "$4.89", "CUSIP": "65443T203"}] NOTE: All estimates in this document do not incorporate forward looking information and are based on the accounting data as of November 1, 2022. Due to the market conditions, the actual year end allocable amount may differ from these estimates and the difference could be material. The information included in this letter is for reference purposes only. Please reconcile all information against your official client statements. This is not intended to be a statement for official tax reporting purposes or any form of tax advice. NNRG.U will pay the $USD equivalent of the NNRG capital gain distribution. Ninepoint Partners confirms that as of November 1, 2022, the following Funds are not expected to have annual capital gains distributions for the 2022 tax year: Ninepoint High Interest Savings Fund (ETF Series)Ninepoint Alternative Credit Opportunities Fund (ETF Series)Ninepoint Diversified Bond Fund (ETF Series)Ninepoint Target Income Fund (ETF Series)Ninepoint Alternative Health Fund (ETF Series)Ninepoint Carbon Credit ETF (ETF Series)Ninepoint Energy Income Fund (ETF Series)Ninepoint Gold & Precious Minerals Fund (ETF Series)Ninepoint Silver Equities Fund (ETF Series)Ninepoint Bitcoin ETF About Ninepoint Partners Based in Toronto, Ninepoint Partners is one of Canada’s leading alternative investment management firms overseeing $8.2 billion in assets under management and institutional contracts. Committed to helping investors explore innovative investment solutions that have the potential to enhance returns and manage portfolio risk, Ninepoint offers a diverse set of alternative strategies spanning Equities, Fixed Income, Alternative Income, Real Assets, F/X and Digital Assets. For more information on Ninepoint Partners LP, please visit www.ninepoint.com or for inquiries regarding the offering, please contact us at (416) 943-6707 or (866) 299-9906 or [email protected]. Ninepoint Partners LP is the investment manager to the Ninepoint Funds (collectively, the “Funds”). Commissions, trailing commissions, management fees, performance fees (if any), and other expenses all may be associated with investing in the Funds. Please read the prospectus carefully before investing. The information contained herein does not constitute an offer or solicitation by anyone in the United States or in any other jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation. Prospective investors who are not resident in Canada should contact their financial advisor to determine whether securities of the Fund may be lawfully sold in their jurisdiction. Please note that distribution factors (breakdown between income, capital gains and return of capital) can only be calculated when a fund has reached its year-end. Distribution information should not be relied upon for income tax reporting purposes as this is only a component of total distributions for the year. For accurate distribution amounts for the purpose of filing an income tax return, please refer to the appropriate T3/T5 slips for that particular taxation year. Please refer to the prospectus or offering memorandum of each Fund for details of the Fund’s distribution policy. The payment of distributions and distribution breakdown, if applicable, is not guaranteed and may fluctuate. The payment of distributions should not be confused with a Fund's performance, rate of return, or yield. If distributions paid by the Fund are greater than the performance of the Fund, then an investor’s original investment will shrink. Distributions paid as a result of capital gains realized by a Fund and income and dividends earned by a Fund are taxable in the year they are paid. An investor’s adjusted cost base will be reduced by the amount of any returns of capital. If an investor’s adjusted cost base goes below zero, then capital gains tax will have to be paid on the amount below zero. Sales Inquiries: Ninepoint Partners LPNeil [email protected]... - Reddit Posts (Sample): [['u/notalotofsubstance', 'Would you stop your transition for 5 Million USD + 1000 Bitcoin', 17, '2022-12-23 01:01', 'https://www.reddit.com/r/ttttrans/comments/zt14ql/would_you_stop_your_transition_for_5_million_usd/', 'Title?. \n\n- you cannot re-tran either later in life, this is a trade off.', 'https://www.reddit.com/r/ttttrans/comments/zt14ql/would_you_stop_your_transition_for_5_million_usd/', 'zt14ql', [['u/Thussy_connoisseur', 15, '2022-12-23 01:07', 'https://www.reddit.com/r/ttttrans/comments/zt14ql/would_you_stop_your_transition_for_5_million_usd/j1b3ny4/', 'get a lobotomy/euthanized and have my family live a worry free life easy choice', 'zt14ql'], ['u/ffsthrowaway1234', 24, '2022-12-23 01:07', 'https://www.reddit.com/r/ttttrans/comments/zt14ql/would_you_stop_your_transition_for_5_million_usd/j1b3pm4/', 'Is this the deal bonepilltime made?', 'zt14ql'], ['u/daethrowawayacn', 35, '2022-12-23 01:08', 'https://www.reddit.com/r/ttttrans/comments/zt14ql/would_you_stop_your_transition_for_5_million_usd/j1b3shd/', 'Ez I will just live as a man that takes estrogen.', 'zt14ql'], ['u/calamita_', 14, '2022-12-23 02:09', 'https://www.reddit.com/r/ttttrans/comments/zt14ql/would_you_stop_your_transition_for_5_million_usd/j1bbt4z/', "No, the money won't serve me when I kill myself", 'zt14ql'], ['u/fluffypikachu222', 14, '2022-12-23 02:15', 'https://www.reddit.com/r/ttttrans/comments/zt14ql/would_you_stop_your_transition_for_5_million_usd/j1bcj30/', 'Im already doing that the money would just be a bonus', 'zt14ql']]], ['u/jim-bob-operator-13', 'Did Algo just touch bottom?', 59, '2022-12-23 01:16', 'https://www.reddit.com/r/algorand/comments/zt1gtv/did_algo_just_touch_bottom/', "It looks and feels like a bottom, but I've been wrong before. Still, I think there is a powerful buyer at .16. \n\nBitcoin bottom evidence has been stacking up and it's getting me both relieved and excited about how far this next bull run will take Algo.\n\nWhat do you rascals think? We just hit the bottom, or is there even more pain ahead?", 'https://www.reddit.com/r/algorand/comments/zt1gtv/did_algo_just_touch_bottom/', 'zt1gtv', [['u/SquirrelMammoth2582', 23, '2022-12-23 01:19', 'https://www.reddit.com/r/algorand/comments/zt1gtv/did_algo_just_touch_bottom/j1b57jl/', 'Honestly, idk', 'zt1gtv'], ['u/Roberto9410', 83, '2022-12-23 01:20', 'https://www.reddit.com/r/algorand/comments/zt1gtv/did_algo_just_touch_bottom/j1b5fm2/', 'Sentiment really seems to be close to peak fear round here, that’s for sure', 'zt1gtv'], ['u/ylen1', 28, '2022-12-23 01:28', 'https://www.reddit.com/r/algorand/comments/zt1gtv/did_algo_just_touch_bottom/j1b6hre/', 'Lol just wait till after the holidays then the good sentiment will fall and I think we can drop lower.\n\nBut yeah I could see some bigger buyers maybe loading up soon I mean the Middle East shieks have a bunch of cash and Algorand has some exposure out there', 'zt1gtv'], ['u/Certain_Cranberry_77', 28, '2022-12-23 01:30', 'https://www.reddit.com/r/algorand/comments/zt1gtv/did_algo_just_touch_bottom/j1b6p6a/', 'The sentiments on the algo subs are definitely rock bottom.', 'zt1gtv'], ['u/[deleted]', 10, '2022-12-23 02:00', 'https://www.reddit.com/r/algorand/comments/zt1gtv/did_algo_just_touch_bottom/j1bangl/', 'Username checks out', 'zt1gtv'], ['u/travelinzac', 19, '2022-12-23 02:20', 'https://www.reddit.com/r/algorand/comments/zt1gtv/did_algo_just_touch_bottom/j1bd3tx/', "I mean I haven't seen anyone go suicidal yet so I feel like we can still go a good ways lower\n\n0.17? Plenty of potential down to be had", 'zt1gtv'], ['u/ambermage', 16, '2022-12-23 02:24', 'https://www.reddit.com/r/algorand/comments/zt1gtv/did_algo_just_touch_bottom/j1bdlk4/', 'I\'m not so sure. \n\nI think we need just one more article about "China bans cryptocurrency."', 'zt1gtv'], ['u/Appropriate-Quote-65', 59, '2022-12-23 02:51', 'https://www.reddit.com/r/algorand/comments/zt1gtv/did_algo_just_touch_bottom/j1bh4ln/', '2023 will be another bear year despite positive progress and developments in Algorand. \n\nSource: Im from the future', 'zt1gtv'], ['u/nops-90', 13, '2022-12-23 03:01', 'https://www.reddit.com/r/algorand/comments/zt1gtv/did_algo_just_touch_bottom/j1biddq/', "Most recessions take somewhere between 2-4 years to recover. It's arguable we've been in one for a little over a year now. Safe to say we're about halfway through this cycle. Just buy what you can, and hang tight. Algo as a technology isn't going anywhere", 'zt1gtv'], ['u/cripdrip', 23, '2022-12-23 03:39', 'https://www.reddit.com/r/algorand/comments/zt1gtv/did_algo_just_touch_bottom/j1bnd6g/', 'I trust this person.', 'zt1gtv'], ['u/NotTakenGreatName', 23, '2022-12-23 03:42', 'https://www.reddit.com/r/algorand/comments/zt1gtv/did_algo_just_touch_bottom/j1bnpb6/', "On a more serious point, the stock market isn't even at its lows for *this year*. If there is a continued big move down, you can rest assured that people won't be fleeing to Algo and other risk assets.", 'zt1gtv']]], ['u/Sebbysludge', 'Moving BTC off Ledger to BitBox Question', 21, '2022-12-23 01:35', 'https://www.reddit.com/r/BitcoinBeginners/comments/zt1vfd/moving_btc_off_ledger_to_bitbox_question/', 'I’m moving my BTC off of my Nano X and onto my BitBox02 and I was wondering if there was any benefit to sending it to a hot wallet in between or should I just go from the Nano X to the BitBox? I would also greatly appreciate a why to your answer as well!\n\nThanks all, happy holidays and happy stacking!', 'https://www.reddit.com/r/BitcoinBeginners/comments/zt1vfd/moving_btc_off_ledger_to_bitbox_question/', 'zt1vfd', [['u/chrootz', 14, '2022-12-23 01:47', 'https://www.reddit.com/r/BitcoinBeginners/comments/zt1vfd/moving_btc_off_ledger_to_bitbox_question/j1b8xlf/', 'I would suggest that you do send straight to bitbix02 address from your ledger hardware wallet save your money on fees. \n\nBetter test send small amounts if bitbix02 able receive the transaction from ledger then send full amount. \n\nPS. Remember ignore any Private Message on Reddit for avoiding the scammers.', 'zt1vfd']]], ['u/Spades_999', 'I took yalls advice and swapped everything to BTC', 26, '2022-12-23 02:57', 'https://www.reddit.com/r/Bitcoin/comments/zt3ik0/i_took_yalls_advice_and_swapped_everything_to_btc/', " \n\nI swapped all my E'T'H for bitcoin at the cost of nearly $100 in exchange fees and such.\n\nKinda bummed about the waste of money because I get paid in E'T'H for my blockchain development work but I do belive btc as the future monetary system.\n\nWould be cool if there was a way to swap future payments with more favorable exchange rates/ low fees but it is what it is.", 'https://www.reddit.com/r/Bitcoin/comments/zt3ik0/i_took_yalls_advice_and_swapped_everything_to_btc/', 'zt3ik0', [['u/Ok_Aerie3546', 15, '2022-12-23 06:55', 'https://www.reddit.com/r/Bitcoin/comments/zt3ik0/i_took_yalls_advice_and_swapped_everything_to_btc/j1c9fef/', 'Both are taxable events with the same tax liability.', 'zt3ik0']]], ['u/toomuchconcavity', 'Where to swap crypto currencies?', 18, '2022-12-23 04:30', 'https://www.reddit.com/r/CryptoCurrencies/comments/zt59p3/where_to_swap_crypto_currencies/', " Hi all, sorry for a newb question. I used to keep my crypto in one of those exchanges (didn't lose any) and that's where I would swap. After FTX collapse I moved my BTC to a custodial wallet but now I don't know how to swap, say, BTC for ETH or XCH for BTC. Without opening accounts at one of the cryptoexchanges is there any way to swap the cryptocurrencies? Thank you in advance.", 'https://www.reddit.com/r/CryptoCurrencies/comments/zt59p3/where_to_swap_crypto_currencies/', 'zt59p3', [['u/pycvalade', 10, '2022-12-23 04:54', 'https://www.reddit.com/r/CryptoCurrencies/comments/zt59p3/where_to_swap_crypto_currencies/j1bwmja/', 'In order to exchange money, you’ll need an exchange. \n\nThere’s 2 types of exchanges: centralized aka CEX and decentralized aka DEX.\n\nA centralized exchange requires that the funds exchanged reside in a wallet they control. \n\nA decentralized exchange works on your wallet (hardware or software).\n\nPeople usually prefer decentralized exchanges because of the simplicity and less to no kyc. \n\nA quick search will give you more info on these as this sub prohibits me from sharing examples. Make sure you’re on the right website before accepting transactions, as usual, as you might be on a scam/fake site.\n\nYMMV, DYOR and NFA, of course!', 'zt59p3']]], ['u/organisednoise', 'Feeling like a btc maxi', 12, '2022-12-23 05:00', 'https://www.reddit.com/r/Bitcoin/comments/zt5u00/feeling_like_a_btc_maxi/', 'Anybody else feel like they’re some kind of Bitcoin maxi when you have conversations with people that know nothing about the technology behind Bitcoin or crypto and think it’s all a scam. \n\nYou try to explain simple use cases and why it’s import for people to have access to and often times I’m met with such resistance and love for tradfi that people make me feel like a crazy maxi, when I’m still very new to the Bitcoin space and am learning. \n\nMakes me want to avoid having these types of conversations.', 'https://www.reddit.com/r/Bitcoin/comments/zt5u00/feeling_like_a_btc_maxi/', 'zt5u00', [['u/partyboycs', 10, '2022-12-23 09:11', 'https://www.reddit.com/r/Bitcoin/comments/zt5u00/feeling_like_a_btc_maxi/j1ckt6o/', 'I agree my family acts as if I’m obsessed with it because I talked about it a few times and they think I know everything about it, I actually know very little compared to most people on here. Some people also act like just because it’s down now it’s crashing for good I try to explain the 4 year cycle and they usually have some come back like “if it was that easy everyone would do it” well… everyone should do it 🤷\u200d♂️', 'zt5u00']]], ['u/Silverpatriot7', 'Are we in a Recession right now?', 42, '2022-12-23 05:56', 'https://www.reddit.com/r/Wallstreetsilver/comments/zt6ts7/are_we_in_a_recession_right_now/', 'The answer to this que... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['New UK Casino Sites Announced London, United Kingdom --News Direct-- Acroud Media You cannot help but notice the latest developments in online gambling and the exciting new options available for players. The emergence of new online casino platforms that have recently entered the market is notable. Online gambling has become more popular in recent years, resulting in more demand for new and innovative casino sites. Additionally, technological advancements have made it easier for new casino sites to enter the market and offer high-quality gaming experiences to players. Many new casino sites offer unique features and bonus funds to attract players and stand out from more established competitors. 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Daily Context for Date: 2022-12-24 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $324,286,163,319 - Hash Rate: 156458195.34894204 - Transaction Count: 213339.0 - Unique Addresses: 562534.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.29 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Hedge fund Fir Tree is suing crypto investment firm Grayscale to obtain details about its flagship Grayscale Bitcoin Trust (GBTC) in order to investigate potential mismanagement and conflicts of interest, according to a report from Bloomberg . Fir Tree wants Grayscale to resume redemptions and cut fees for the trust, which is the largest publicly traded crypto fund in the world, with $10.7 billion in assets. It allows U.S. investors to gain exposure to the price movement of bitcoin without buying the asset itself. GBTC is selling at close to a record 43% discount to the price of the underlying bitcoin in the trust and is down almost 75% this year in the wake of bitcoin's sharp decline and the collapse of several high-profile crypto firms such as FTX. Fir Tree wants to use the information it's seeking to pressure Grayscale to resume redemptions, which are not immediately available to investors, and to cut fees from the current 2%, according to Bloomberg's sources. Fir Tree is known for making a large short bet against the stablecoin tether earlier this year. A Grayscale spokesperson told CoinDesk the company's "mission is to help investors access the ever-evolving crypto ecosystem through familiar, secure, and transparent investment vehicles. We respect the views of our shareholders, and appreciate engaging directly with them on the details of our product structures and operating model ." The spokesperson noted that Grayscale is "100% committed to converting GBTC to an ETF," or exchange-traded fund, a proposal the U.S. Securities and Exchange Commission has so far rejected. Grayscale and CoinDesk are both owned by Digital Currency Group. UPDATE (Dec. 6, 20:34 UTC) : Added comments from Grayscale and additional background throughout.... - 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:** ["Whilst it may not be a huge deal, we thought it was good to see that theBitcoin Well Inc.(CVE:BTCW) Director, Terry Rhode, recently bought CA$71k worth of stock, for CA$0.057 per share. While we're hesitant to get too excited about a purchase of that size, we do note it increased their holding by a solid 48%.\nCheck out our latest analysis for Bitcoin Well\nIn fact, the recent purchase by Terry Rhode was the biggest purchase of Bitcoin Well shares made by an insider individual in the last twelve months, according to our records. That means that even when the share price was higher than CA$0.045 (the recent price), an insider wanted to purchase shares. Their view may have changed since then, but at least it shows they felt optimistic at the time. We always take careful note of the price insiders pay when purchasing shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.\nIn the last twelve months Bitcoin Well insiders were buying shares, but not selling. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!\nBitcoin Well is not the only stock that insiders are buying. For those who like to findwinning investmentsthisfreelist of growing companies with recent insider purchasing, could be just the ticket.\nI like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. Bitcoin Well insiders own about CA$5.0m worth of shares (which is 63% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.\nIt is good to see recent purchasing. We also take confidence from the longer term picture of insider transactions. But on the other hand, the company made a loss during the last year, which makes us a little cautious. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Bitcoin Well. Nice! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Bitcoin Well. Every company has risks, and we've spotted4 warning signs for Bitcoin Wellyou should know about.\nOf courseBitcoin Well may not be the best stock to buy. So you may wish to see thisfreecollection of high quality companies.\nFor the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.\nHave feedback on this article? Concerned about the content?Get in touchwith us directly.Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature.We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.\nJoin A Paid User Research SessionYou’ll receive aUS$30 Amazon Gift cardfor 1 hour of your time while helping us build better investing tools for the individual investors like yourself.Sign up here", "Whilst it may not be a huge deal, we thought it was good to see that the Bitcoin Well Inc. ( CVE:BTCW ) Director, Terry Rhode, recently bought CA$71k worth of stock, for CA$0.057 per share. While we're hesitant to get too excited about a purchase of that size, we do note it increased their holding by a solid 48%. Check out our latest analysis for Bitcoin Well The Last 12 Months Of Insider Transactions At Bitcoin Well In fact, the recent purchase by Terry Rhode was the biggest purchase of Bitcoin Well shares made by an insider individual in the last twelve months, according to our records. That means that even when the share price was higher than CA$0.045 (the recent price), an insider wanted to purchase shares. Their view may have changed since then, but at least it shows they felt optimistic at the time. We always take careful note of the price insiders pay when purchasing shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. In the last twelve months Bitcoin Well insiders were buying shares, but not selling. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction! insider-trading-volume Bitcoin Well is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket. Insider Ownership I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. Bitcoin Well insiders own about CA$5.0m worth of shares (which is 63% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders. Story continues What Might The Insider Transactions At Bitcoin Well Tell Us? It is good to see recent purchasing. We also take confidence from the longer term picture of insider transactions. But on the other hand, the company made a loss during the last year, which makes us a little cautious. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Bitcoin Well. Nice! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Bitcoin Well. Every company has risks, and we've spotted 4 warning signs for Bitcoin Well you should know about. Of course Bitcoin Well may not be the best stock to buy . So you may wish to see this free collection of high quality companies. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Join A Paid User Research Session You\x92ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here", "Whilst it may not be a huge deal, we thought it was good to see that theBitcoin Well Inc.(CVE:BTCW) Director, Terry Rhode, recently bought CA$71k worth of stock, for CA$0.057 per share. While we're hesitant to get too excited about a purchase of that size, we do note it increased their holding by a solid 48%.\nCheck out our latest analysis for Bitcoin Well\nIn fact, the recent purchase by Terry Rhode was the biggest purchase of Bitcoin Well shares made by an insider individual in the last twelve months, according to our records. That means that even when the share price was higher than CA$0.045 (the recent price), an insider wanted to purchase shares. Their view may have changed since then, but at least it shows they felt optimistic at the time. We always take careful note of the price insiders pay when purchasing shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price.\nIn the last twelve months Bitcoin Well insiders were buying shares, but not selling. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!\nBitcoin Well is not the only stock that insiders are buying. For those who like to findwinning investmentsthisfreelist of growing companies with recent insider purchasing, could be just the ticket.\nI like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. Bitcoin Well insiders own about CA$5.0m worth of shares (which is 63% of the company). This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.\nIt is good to see recent purchasing. We also take confidence from the longer term picture of insider transactions. But on the other hand, the company made a loss during the last year, which makes us a little cautious. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Bitcoin Well. Nice! In addition 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: 2022-12-25 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $324,318,256,538 - Hash Rate: 247871972.4067509 - Transaction Count: 205314.0 - Unique Addresses: 522307.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.29 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: As the bear market came barreling through 2022, growth stocks and tech stocks took the brunt of the beating. However, one theme that stood strong was cybersecurity. As a result, that should have investors looking at cybersecurity stocks to buy. Let’s face the facts, though. Cybersecurity stocks also took a good beating, as they too are growth and tech stocks. Not to mention, many of these names tend to sport elevated valuations. That made it easy for bears to short, as these stocks simply cannot support a high valuation in a rising-rate, bearish environment. InvestorPlace - Stock Market News, Stock Advice & Trading Tips That said, spend an hour or two digging through the press releases and conference calls for the three stocks listed below. Those management teams are not shy whatsoever about how well business is going. With that, let’s look at three cybersecurity stocks to buy. [{"PANW": "CRWD", "Palo Alto Networks": "CrowdStrike", "$161.73": "$142.01"}, {"PANW": "DDOG", "Palo Alto Networks": "Datadog", "$161.73": "$78.12"}] Source: vs148 / Shutterstock Without a question,Palo Alto Networks(NASDAQ:PANW) is the blue-chip stock when we’re talking about cybersecurity stocks to buy. The company recently reported its fourth-quarter results. Despite a terrible year for the markets, Palo Alto put up 30% revenue growth last year. For this year, management isn’t flinching. Theyexpect25% revenue growth this year, more than analysts were expecting at the time of the report. During theconference call, management said many of its customers “increasingly have the confidence” to make longer-term deals with Palo Alto. Furthermore, “the vast majority of our customers continue on their investments here despite the expected short-term macro impacts.” The truth is rather straightforward: Companies continue to invest in cybersecurity becausetheyhave to.In good markets or bad — and in strong economies or weak — cyber-criminals are constantly at work. They are looking to hack, steal and sell customer information. So regardless of whether companies are in prosperous times or lean times, they need to keep their defensive systems engaged. Source: T. Schneider / Shutterstock.com When we look outside of Palo Alto, we start to find higher growth stocks likeCrowdStrike(NASDAQ:CRWD). At the same time, that also means we find cybersecurity stocks with higher valuations. For example, this company sports trailing revenue growth of 61% — that’s not a typo, 61%! For FY 2023, estimates call for 54% growth, then 32.5% growth or more in each of the next three fiscal years. While it’s possible that these estimates do not come to fruition, it shows just how strong the growth is that this company is enjoying right now. While CrowdStrike is not yet profitable on a GAAP basis, it continues to generate strong non-GAAP earnings. Consensus estimates call for this year’s results to double to $1.32 a share, then grow to more than $4 a share in the next three years. When the company reported its second-quarter earnings on Aug. 30, it delivered atop- and bottom-line beat. However, more impressively, it raised its full-year earningsandrevenue outlook. This company is growing like a weed and it doesn’t look ready to stop anytime soon. Source: Song_about_summer / Shutterstock Last but certainly not least, we haveDatadog(NASDAQ:DDOG). With a market cap of $24.808 billion, it’s certainly not a small company. However, Datadog is the smallest of the three companies on this list. Furthermore, the company went public just before Covid-19 hit, making its public debut in the second half of 2019. Since then, it’s been a bit of a rollercoaster. Shares sank 42% amid the Covid-19 selloff, then exploded higher by almost600% in just over six quarters. However, after coughing up two-thirds of its value, investors are now on the prowl for a potential bargain. This company has a lot of operational similarities to CrowdStrike. For instance, Datadog is also non-GAAP profitable, but operating at a GAAP loss. Also like CrowdStrike, the company delivered anearnings and revenue beatlast quarter, then raised its full-year guidance. While these stocks are not yet being rewarded for these beat-and-raise quarters, they will be eventually. Datadog actually generates a better operating margin than CrowdStrike, but its growth profile is a tad bumpier. Analystsexpectabout 61% revenue growth this year, then 34% growth next year. In 2025 and 2026, consensus estimates accelerate, calling for 35% and 44.5% growth, respectively. If this company can flip to positive GAAP operating margins, then look out. 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.comPublishing Guidelines. Bret Kenwell is the manager and author ofFuture Blue Chipsand is on Twitter@BretKenwell. • Buy This $5 Stock BEFORE This Apple Project Goes Live • The Best $1 Investment You Can Make Today • Early Bitcoin Millionaire Reveals His Next Big Crypto Trade “On Air” • It doesn’t matter if you have $500 or $5 million. Do this now. The post3 Cybersecurity Stocks With Room to Run in 2023appeared first onInvestorPlace.... - Reddit Posts (Sample): [['u/OberonsTitan', 'There is no more "White Hats"', 47, '2022-12-25 03:48', 'https://www.reddit.com/r/conspiracy/comments/zuoydu/there_is_no_more_white_hats/', 'Notice how all the philanthropy organizations of the world who are meant to do good, all have a history of corruption? An infiltrated smear campaign to distrust our humane systems and replace them with a "humane" One World Government. You will notice when we look at WEF\'s corruption search it is purely anti-corruption. Creating this false consensus that will easily sell to the masses. My parents are convinced this is a good thing.\n\n[WEF Google search of corruption](https://www.google.com/search?q=world+economic+forum+corruption&ei=8LenY7ixIvHO0PEP26-_wAI&oq=world+economic+forum+corruption&gs_lcp=ChNtb2JpbGUtZ3dzLXdpei1zZXJwEAMyBQgAEIAEMgYIABAWEB4yBggAEBYQHjIFCAAQhgMyBQgAEIYDOgoIABBHENYEELADOgcIABCwAxBDOhIILhDHARDRAxDIAxCwAxBDGAE6FQguEMcBENEDENQCEMgDELADEEMYAToECAAQQzoHCAAQHhCiBDoFCCEQoAFKBAhBGABQiQ9Y0hpglBxoAHAAeACAAe8BiAGOCpIBBTcuNC4xmAEAoAEByAENwAEB2gEECAEYCA&sclient=mobile-gws-wiz-serp) \n\n**United Nations**\n"Critics have also accused the UN of bureaucratic inefficiency, waste, and corruption." [1] \n\n"In 2003 Officer\xa0Kathryn Bolkovac\xa0discovered a ring of human trafficking involving UN officers, after two young girls appeared after being sold and abused in illegal brothels. Dozens of girls raised \'eerily similar\' accounts of abuse: including emigrating to take a job as a waitress or in domestic service, including at the insistence of their own families – but were diverted into human trafficking. They were trafficked to different locations, forcibly stripped and sold to individuals who beat and raped them in brothels in Bosnia." [2] \n\n**UNICEF**\n"A $27 million UNICEF program in\xa0West Africa\xa0in 2001–2005 which was meant to decrease child deaths from disease has been deemed a failure, according to a study that found higher survival rates of children in some regions that weren\'t included in that program." [3] \n\n"In 1995, in what was called "the worst scandal in its history", UNICEF disclosed that 24 employees in its Kenya office stole or squandered $10-million; this fraud consumed more than a fourth of the UNICEF\'s $37-million two-year budget for Kenya." [3] \n\n"In Germany, in the late 2000s, UNICEF was accused of mismanagement, abuse and waste of funds.\xa0This has resulted in 5,000 of UNICEF regular donors abandoning their support from the charity, and politicians and public figures, including\xa0Angela Merkel, demanding explanations, and the chairwoman of UNICEF Germany resigning in 2008." [3] \n\n"In 2012, UNICEF confirmed fraud in a Pakistan school rehabilitation project, where an estimated US$4 million was lost when funds were misappropriated." [3] \n\n"Press reports in 2020 disclosed that women in the\xa0Democratic Republic of Congo\xa0accused foreign aid workers, including UNICEF workers, of sexually assaulting them.\xa0The World Health Organization\xa0described the alleged actions as reprehensible and a UNICEF spokesperson acknowledged that such sexual assault cases are underreported in the region. Prior to this, in 2018, UNICEF was hit by a wave of sexual misconduct accusations; in 2018, deputy director\xa0Justin Forsyth\xa0resigned from UNICEF following allegations that he behaved inappropriately toward female staff members." [3] \n\n**WHO**\n"Yes, blame WHO for it\'s disastrous Coronavirus Reponsive" [4] \n\n**PETA**\n"In 2009, PETA members dressed up in\xa0Ku Klux Klan\xa0robes and protested at the\xa0Westminster Kennel Club Dog Show\xa0where they passed out brochures implying the Klan and\xa0American Kennel Club\xa0have the same goal of "pure bloodlines".\xa0This protest was continued in the PETA video game\xa0KKK or AKC? Spot the Difference." [5] \n\n"PETA doesn\'t believe in pet ownership so they kill thousands of dogs and cats." [6] \n\n**WWF**\n"The World Wildlife Fund is one of the largest and most recognizable conservation groups in the world. But as with any massive, deep-pocketed organization, the WWF has been riddled with corruption. Beyond corruption, the WWF has been tied to human rights atrocities throughout the planet." [7] \n\n**Humane Society**\n"Please Don\'t Give to the US Humane Society if You Care About Pets. I expect most people wouldn\'t send donations if they knew what the Humane Society of the United States actually was. It doesn\'t run any shelters. It has no veterinary clinics. A good deal of their funding comes from people who don\'t have the slightest idea of their real agenda." [8] \n\nNot to mention the corruption in our colleges, governments, religions and anything that used to be a pro-human philosophy. \n\n"We now live in a nation where doctors destroy health, lawyers destroy justice, universities destroy knowledge, governments destroy freedom, the press destroys information, religion destroys morals, and our banks destroy the economy." - Chris Hedges \n\nWhen things line up this perfectly, it\'s not incompetence, it\'s complicity.\n\n**Sources** \n\n[1] [https://en.m.wikipedia.org/wiki/United_Nations](https://en.m.wikipedia.org/wiki/United_Nations) \n\n[2] [https://en.m.wikipedia.org/wiki/United_Nations_Mission_in_Bosnia_and_Herzegovina#:~:text=The%20United%20Nations%20Mission%20in,1035%20on%2021%20December%201995.](https://en.m.wikipedia.org/wiki/United_Nations_Mission_in_Bosnia_and_Herzegovina#:~:text=The%20United%20Nations%20Mission%20in,1035%20on%2021%20December%201995.) \n\n[3] [https://en.m.wikipedia.org/wiki/UNICEF](https://en.m.wikipedia.org/wiki/UNICEF) \n\n[4] [https://foreignpolicy.com/2020/05/27/who-health-china-coronavirus-tedros/](https://foreignpolicy.com/2020/05/27/who-health-china-coronavirus-tedros/) \n\n[5] [https://en.m.wikipedia.org/wiki/People_for_the_Ethical_Treatment_of_Animals](https://en.m.wikipedia.org/wiki/People_for_the_Ethical_Treatment_of_Animals) \n\n[6] [https://petakillsanimals.com/proof-peta-kills/](https://petakillsanimals.com/proof-peta-kills/) \n\n[7] [https://www.activistfacts.com/organizations/world-wildlife-fund/](https://www.activistfacts.com/organizations/world-wildlife-fund/) \n\n[8] [https://www.huffpost.com/archive/ca/entry/humane-society_b_1943902](https://www.huffpost.com/archive/ca/entry/humane-society_b_1943902)', 'https://www.reddit.com/r/conspiracy/comments/zuoydu/there_is_no_more_white_hats/', 'zuoydu', [['u/oater99', 14, '2022-12-25 08:06', 'https://www.reddit.com/r/conspiracy/comments/zuoydu/there_is_no_more_white_hats/j1l6zyd/', "There never were. Everything is a rich man's trick.", 'zuoydu']]], ['u/Helpful-Morning-697', 'Mark Cuban defends Bitcoin, says anyone investing in gold is ‘dumb as f***’', 96, '2022-12-25 05:09', 'https://www.reddit.com/r/Wallstreetsilver/comments/zuq8qe/mark_cuban_defends_bitcoin_says_anyone_investing/', ' Mark Cuban, the billionaire owner of the Dallas Mavericks, defended Bitcoin this week while casting doubt on investing in gold. \n\n​\n\n[https://finance.yahoo.com/news/mark-cuban-defends-bitcoin-says-230258502.html](https://finance.yahoo.com/news/mark-cuban-defends-bitcoin-says-230258502.html)', 'https://www.reddit.com/r/Wallstreetsilver/comments/zuq8qe/mark_cuban_defends_bitcoin_says_anyone_investing/', 'zuq8qe', [['u/GarthDonovan', 15, '2022-12-25 05:12', 'https://www.reddit.com/r/Wallstreetsilver/comments/zuq8qe/mark_cuban_defends_bitcoin_says_anyone_investing/j1ks81v/', 'Mark Mark Mark. What you did with the medicine is nice. But your wrong about this one.', 'zuq8qe'], ['u/tastemybacon1', 44, '2022-12-25 05:12', 'https://www.reddit.com/r/Wallstreetsilver/comments/zuq8qe/mark_cuban_defends_bitcoin_says_anyone_investing/j1ksa0e/', 'He is a globalist troll.', 'zuq8qe'], ['u/mrbigglesworthiklaus', 15, '2022-12-25 05:14', 'https://www.reddit.com/r/Wallstreetsilver/comments/zuq8qe/mark_cuban_defends_bitcoin_says_anyone_investing/j1kshpb/', "What it is is the stored value and you don't own the physical gold, do you… \n\nThat's your problem Cuban.", 'zuq8qe'], ['u/Rs_web', 19, '2022-12-25 05:19', 'https://www.reddit.com/r/Wallstreetsilver/comments/zuq8qe/mark_cuban_defends_bitcoin_says_anyone_investing/j1ksykp/', 'The paradigm puppets always seem to come out of the woodwork exactly when they are needed.', 'zuq8qe'], ['u/Ramon-C-Ramon', 61, '2022-12-25 05:20', 'https://www.reddit.com/r/Wallstreetsilver/comments/zuq8qe/mark_cuban_defends_bitcoin_says_anyone_investing/j1kt1m5/', 'Wonder how much he lost in FTX?', 'zuq8qe'], ['u/illusionsoflife', 13, '2022-12-25 05:42', 'https://www.reddit.com/r/Wallstreetsilver/comments/zuq8qe/mark_cuban_defends_bitcoin_says_anyone_investing/j1kv3no/', "We shall see who is dumb as fuck\n\nKeep Stackin' PHYZZ !", 'zuq8qe'], ['u/Justjoshinya1023', 20, '2022-12-25 05:58', 'https://www.reddit.com/r/Wallstreetsilver/comments/zuq8qe/mark_cuban_defends_bitcoin_says_anyone_investing/j1kwll0/', 'So if people who buy gold are dumb what does that make people who buy silver? APE SHIT CRAZY', 'zuq8qe'], ['u/notbillscattle', 12, '2022-12-25 06:01', 'https://www.reddit.com/r/Wallstreetsilver/comments/zuq8qe/mark_cuban_defends_bitcoin_says_anyone_investing/j1kwv95/', 'safe and effective.........', 'zuq8qe'], ['u/Zootleblob', 10, '2022-12-25 06:36', 'https://www.reddit.com/r/Wallstreetsilver/comments/zuq8qe/mark_cuban_defends_bitcoin_says_anyone_investing/j1l017j/', 'The cope is strong with this one.\n\nBitcoin is down 60+% this year.', 'zuq8qe'], ['u/BSV1974_NZ', 12, '2022-12-25 06:41', 'https://www.reddit.com/r/Wallstreetsilver/comments/zuq8qe/mark_cuban_defends_bitcoin_says_anyone_investing/j1l0f23/', 'He talked to SBF and came away thinking he just had a conversation with a smart kid. 😆🤡.', 'zuq8qe'], ['u/Silver-bullit', 24, '2022-12-25 06:48', 'https://www.reddit.com/r/Wallstreetsilver/comments/zuq8qe/mark_cuban_defends_bitcoin_says_anyone_investing/j1l0zay/', 'Or he’s part of the scam/club', 'zuq8qe'], ['u/Nic7770', 11, '2022-12-25 11:55', 'https://www... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin and Ether changed little on Monday morning in Asia, along with nearly all other non-stablecoin top 10 cryptocurrencies by market capitalization. Dogecoin was the biggest loser, followed by XRP.\nSee related article:Sam Bankman-Fried home for Christmas after making US$250 million bail in U.S.\n• Bitcoin edged down 0.04% to US$16,840 in the 24 hours to 8 a.m. in Hong Kong, as Ether dipped 0.19% to US$1,219, according todata from CoinMarketCap.\n• Dogecoin fell 2.14% in the past 24 hours to trade at US$0.07597, after Elon Musk, who has repeatedly teased the memecoin’s integration to Twitter, announced that he willstep downas the chief of the social media platform.\n• XRP fell 1.64% to trade at US$0.3464, and BNB nudged down 0.6% to change hands at US$243.16.\n• U.S. equitiesfinished higheron Friday but still booked a weekly loss last week amid looming recession fears. The Dow Jones Industrial Average closed up 0.5%, the S&P 500 Index gained 0.6%, and the Nasdaq Composite Index rose 0.2%.\n• The movements followed a relief rally on Wednesday after data showed the U.S.consumer confidence indexreached an eight-month high in December.\n• Markets in the U.S. and Hong Kong are closed on Monday for Christmas.\nSee related article:Hong Kong arrests two for suspected involvement in digital asset fraud on AAX', 'Bitcoin and Ether changed little on Monday morning in Asia, along with nearly all other non-stablecoin top 10 cryptocurrencies by market capitalization. Dogecoin was the biggest loser, followed by XRP. See related article: Sam Bankman-Fried home for Christmas after making US$250 million bail in U.S. Fast facts Bitcoin edged down 0.04% to US$16,840 in the 24 hours to 8 a.m. in Hong Kong, as Ether dipped 0.19% to US$1,219, according to data from CoinMarketCap . Dogecoin fell 2.14% in the past 24 hours to trade at US$0.07597, after Elon Musk, who has repeatedly teased the memecoin’s integration to Twitter, announced that he will step down as the chief of the social media platform. XRP fell 1.64% to trade at US$0.3464, and BNB nudged down 0.6% to change hands at US$243.16. U.S. equities finished higher on Friday but still booked a weekly loss last week amid looming recession fears. The Dow Jones Industrial Average closed up 0.5%, the S&P 500 Index gained 0.6%, and the Nasdaq Composite Index rose 0.2%. The movements followed a relief rally on Wednesday after data showed the U.S. consumer confidence index reached an eight-month high in December. Markets in the U.S. and Hong Kong are closed on Monday for Christmas. See related article: Hong Kong arrests two for suspected involvement in digital asset fraud on AAX', 'Bitcoin and Ether changed little on Monday morning in Asia, along with nearly all other non-stablecoin top 10 cryptocurrencies by market capitalization. Dogecoin was the biggest loser, followed by XRP.\nSee related article:Sam Bankman-Fried home for Christmas after making US$250 million bail in U.S.\n• Bitcoin edged down 0.04% to US$16,840 in the 24 hours to 8 a.m. in Hong Kong, as Ether dipped 0.19% to US$1,219, according todata from CoinMarketCap.\n• Dogecoin fell 2.14% in the past 24 hours to trade at US$0.07597, after Elon Musk, who has repeatedly teased the memecoin’s integration to Twitter, announced that he willstep downas the chief of the social media platform.\n• XRP fell 1.64% to trade at US$0.3464, and BNB nudged down 0.6% to change hands at US$243.16.\n• U.S. equitiesfinished higheron Friday but still booked a weekly loss last week amid looming recession fears. The Dow Jones Industrial Average closed up 0.5%, the S&P 500 Index gained 0.6%, and the Nasdaq Composite Index rose 0.2%.\n• The movements followed a relief rally on Wednesday after data showed the U.S.consumer confidence indexreached an eight-month high in December.\n• Markets in the U.S. and Hong Kong are closed on Monday for Christmas.\nSee related article:Hong Kong arrests two for suspected involvement in digital asset fraud on AAX', 'The Bitcoin network hashrate has dropped by more than 38.8% from its peak on Wednesday, as many U.S.-based miners have been forced to switch down their facilities due to deadly blizzards.\nSee related article:British Columbia suspends new electricity connections for crypto miners\n• Bitcoin hashrate, the level of computing power used for mining and processing transactions, came in at 155.28 exahashes per second on Saturday, down from 253.88 exahashes on Wednesday, according todata from IntoTheBlock.\n• A winter storm has claimed at least 32 lives across the U.S., as of Monday morning in Hong Kong,according to media reports.\n• Core Scientific, a major Bitcoin miner thatfiled for Chapter 11 bankruptcyprotection last week,tweetedon Saturday that it would be “participating in multiple power curtailments to help stabilize the electrical grid” and that Bitcoin production was expected to slow down.\n• Bitcoin miner Riot Blockchaintweetedon Thursday that it was closing down its facility “due to the extreme weather condition in Texas.”\nSee related article:Bitcoin mining difficulty rises 3.27% in latest adjustment', 'The Bitcoin network hashrate has dropped by more than 38.8% from its peak on Wednesday, as many U.S.-based miners have been forced to switch down their facilities due to deadly blizzards.\nSee related article:British Columbia suspends new electricity connections for crypto miners\n• Bitcoin hashrate, the level of computing power used for mining and processing transactions, came in at 155.28 exahashes per second on Saturday, down from 253.88 exahashes on Wednesday, according todata from IntoTheBlock.\n• A winter storm has claimed at least 32 lives across the U.S., as of Monday morning in Hong Kong,according to media reports.\n• Core Scientific, a major Bitcoin miner thatfiled for Chapter 11 bankruptcyprotection last week,tweetedon Saturday that it would be “participating in multiple power curtailments to help stabilize the electrical grid” and that Bitcoin production was expected to slow down.\n• Bitcoin miner Riot Blockchaintweetedon Thursday that it was closing down its facility “due to the extreme weather condition in Texas.”\nSee related article:Bitcoin mining difficulty rises 3.27% in latest adjustment', 'The Bitcoin network hashrate has dropped by more than 38.8% from its peak on Wednesday, as many U.S.-based miners have been forced to switch down their facilities due to deadly blizzards. See related article: British Columbia suspends new electricity connections for crypto miners Fast facts Bitcoin hashrate, the level of computing power used for mining and processing transactions, came in at 155.28 exahashes per second on Saturday, down from 253.88 exahashes on Wednesday, according to data from IntoTheBlock . A winter storm has claimed at least 32 lives across the U.S., as of Monday morning in Hong Kong, according to media reports . Core Scientific, a major Bitcoin miner that filed for Chapter 11 bankruptcy protection last week, tweeted on Saturday that it would be \x93participating in multiple power curtailments to help stabilize the electrical grid\x94 and that Bitcoin production was expected to slow down. Bitcoin miner Riot Blockchain tweeted on Thursday that it was closing down its facility \x93due to the extreme weather condition in Texas.\x94 See related article: Bitcoin mining difficulty rises 3.27% in latest adjustment', 'Downtown, Dubai--(Newsfile Corp. - December 25, 2022) - LBank, a top cryptocurrency exchange has made its presence in the Asia\'s Largest Technology festival in Bombay.\nTechFest IIT Bombay\nTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8831/149479_ad2ee85d645b08a0_001full.jpg\nTechFest IIT Bombay is Asia\'s Largest technology festival where the world\'s leading crypto influencers gather with key government delegates, media and other investors to assist the global blockchain and cryptocurrency communities. It is one of the most prestigious events of the global cryptocurrency and blockchain ecosystem.\nFurthermore, the festival combines young minds and blockchain enthusiasts in one place to provide knowledge about the industry to the community. The International Blockchain Summit of TechFest IIT Bombay is sponsored by LBank, a global crypto exchange, with a primary focus on providing crypto education. This TechFest is a three day event which attracts the students, alumni, and techn geeks who are said to be the sole essence of the summit.\nLBank\'s Live Session at TechFest\nNotably, thetop cryptocurrency exchangeLBank prioritizes knowledge sharing about blockchain space. Considering the main objective to achieve educating the community, the company is taking part in the panel discussion on "Tech and the environmental impact of Blockchain". This discussion will be held on the second day of the summit with other top mentors in the industry.\nThe whole summit is all about learning and understanding the upcoming trends and red flags of the blockchain space. Moreover, LBank believes that the festival has a significant role in giving people the chance to network with peers, mentors, and idols as well as to gain professional growth.\nHowever, the exchange would also love to celebrate the community\'s participation and distribute some presents to the crypto enthusiasts. With so many eager participants teaming up with LBank, the event\'s first day has started off well. Participants demonstrated a keen interest in learning about the potential applications of blockchain technology.\nAbout LBank\nLBankis a top cryptocurrency exchange founded in 2015. It provides users with a platform to securely buy, sell, receive and hold Bitcoin and other cryptocurrencies. With over 7 million users, LBank offers a wide range of payment options and competitive transaction fees, lowering the entry barrier to drive more adoption.\nThe platform supports more than 800+ trading pairs and 149+ fiat currencies. It offers services around crypto tradi **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-12-26 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $324,292,620,575 - Hash Rate: 226776485.39341035 - Transaction Count: 223504.0 - Unique Addresses: 548937.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.28 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The seeming stabilization of the price ofBitcoin(BTC) at levels around $20,000 in the months before the FTX collapse was “an artificially induced last gasp before the road to irrelevance.” Moreover, this was “already foreseeable” before the fallout of the crypto exchange, which last week sent BTC to a two-year low ofunder $16,000, according to the European Central Bank (ECB). In ablog post, ECB’s Market Infrastructure & Payments Director General Ulrich Bindseil and advisor Jürgen Schaff also argue that “Bitcoin's conceptual design and technological shortcomings make it questionable as a means of payment.” According to Bindseil and Schaff, Bitcoin transactions are “cumbersome, slow and expensive,” which they say explains why the world’s largest cryptocurrency—created to overcome the existing monetary and financial system—"has never been used to any significant extent for legal real-world transactions.” The authors also compared Bitcoin’s historical price cycles to speculative bubbles, which rely on new money flowing in. “Bitcoin has also repeatedly benefited from waves of new investors. The manipulations by individual exchanges or stablecoin providers etc., during the first waves are well documented,” reads the blog. Bindseil and Schaff added that since Bitcoin is neither an effective payment system nor a form of investment, “it should be treated as neither in regulatory terms and thus should not be legitimized.” “Similarly, the financial industry should be wary of the long-term damage of promoting Bitcoin investments - despite short-term profits they could make (even without their skin in the game),” reads the blog, pointing to reputational risks for financial institutions. Brazil Legalizes Crypto as a Method of Payment Notably, today’s blog post went live the next day after Brazil, the world’s seventh most populous country,passed a lawlegalizing cryptocurrencies like Bitcoin as means of payment. Co-author Bindseil has earlier published severalresearch papersonCBDCs, an acronym for central bank’s digital currencies—digital versions of a state’s fiat currency. ECB itself is playing an active role in developing thedigital euro, with president Christine Lagardestatingthat a European CBDC could complement traditional cash and "provide an alternative to private digital currencies" like Bitcoin. According to ECB’sresearchlast year, CBDCs could also help lower banks' interest rates, make transactions smoother and faster, and minimize cash use. Many crypto proponents, however, argue that CBDCs bear significant risks, such as the elimination of financial privacy, increased surveillance over individuals, and the ability to block or censor any transaction.... - Reddit Posts (Sample): [['u/Crypto_Table', "The Princeton research article back in 2016 points out instability concerns for BTC in the long run as block rewards halve. How is the BTC community deciding on addressing this? I am sure this has been discussed many times, but shouldn't hurt to recap.", 64, '2022-12-26 00:19', 'https://www.reddit.com/r/Bitcoin/comments/zv9cp6/the_princeton_research_article_back_in_2016/', '[https://www.cs.princeton.edu/\\~smattw/CKWN-CCS16.pdf](https://www.cs.princeton.edu/~smattw/CKWN-CCS16.pdf)', 'https://www.reddit.com/r/Bitcoin/comments/zv9cp6/the_princeton_research_article_back_in_2016/', 'zv9cp6', [['u/Umpire_State_Bldg', 68, '2022-12-26 00:33', 'https://www.reddit.com/r/Bitcoin/comments/zv9cp6/the_princeton_research_article_back_in_2016/j1nwhs0/', "First, we don't just automatically believe everything we read about Bitcoin.", 'zv9cp6'], ['u/cookmanager', 47, '2022-12-26 01:00', 'https://www.reddit.com/r/Bitcoin/comments/zv9cp6/the_princeton_research_article_back_in_2016/j1nzqty/', 'Second, the Princeton article is riddled with bad assumptions', 'zv9cp6'], ['u/McJvck', 58, '2022-12-26 01:06', 'https://www.reddit.com/r/Bitcoin/comments/zv9cp6/the_princeton_research_article_back_in_2016/j1o0emz/', 'Third, TX fees gradually become the main income for miners.', 'zv9cp6'], ['u/TenshiS', 46, '2022-12-26 01:21', 'https://www.reddit.com/r/Bitcoin/comments/zv9cp6/the_princeton_research_article_back_in_2016/j1o27y7/', 'Fourth, as long as block space is limited there will be healthy fee competition going on.', 'zv9cp6'], ['u/BackInTheDay23', 11, '2022-12-26 02:53', 'https://www.reddit.com/r/Bitcoin/comments/zv9cp6/the_princeton_research_article_back_in_2016/j1ocjyu/', 'And plebs will keep affordably running their nodes, which is the heart of Bitcoin.', 'zv9cp6'], ['u/7ivor', 17, '2022-12-26 02:59', 'https://www.reddit.com/r/Bitcoin/comments/zv9cp6/the_princeton_research_article_back_in_2016/j1od5h1/', "There are definitely discussions about this, articles, podcasts, etc.\n\nOverall the idea is that price appreciation will make up for the reduced block reward. That requires getting into all the bullish arguments for price appreciation and is a whole other discussion.\n\nBeyond that, continued development in the mining industry is creating less of a reliance on the block reward. Using mining for waste energy as well as reuse of heat from mining to subsidize other industries that need low-grade heat can create scenarios where companies can mine at a loss to create a net gain for the overall operation.\n\nI've also seen discussions from devs about how various applications of/on bitcoin would create demand for block space and impact transaction fees in the short/long term. I can't provide a good summary here but it's being discussed by people far smarter than myself.\n\nCheck out bitdevs if there's one in your area.", 'zv9cp6'], ['u/moe_hash', 10, '2022-12-26 04:06', 'https://www.reddit.com/r/Bitcoin/comments/zv9cp6/the_princeton_research_article_back_in_2016/j1okfb3/', 'Fifth, I don’t really have anything to say but we should continue numbering our replies', 'zv9cp6'], ['u/igadjeed', 16, '2022-12-26 04:34', 'https://www.reddit.com/r/Bitcoin/comments/zv9cp6/the_princeton_research_article_back_in_2016/j1onidy/', "> That paper has actually been at the core of a chain split\n\nWhich chain split? I don't see any Bitcoin forks with unlimited supply", 'zv9cp6']]], ['u/Brucifer99', 'Let’s buy up all the liquidity while it’s cheap.', 174, '2022-12-26 00:57', 'https://www.reddit.com/r/Bitcoin/comments/zva2ty/lets_buy_up_all_the_liquidity_while_its_cheap/', 'BTC is at such a price that you can’t afford to not buy some right now. Let’s dry up all the reserve’s and stack these clowns. When demand spikes hard we will have depleted the exchanges and shit will go parabolic. \n\nI’m a fuckin dreamer man but i’m not the only one.', 'https://www.reddit.com/r/Bitcoin/comments/zva2ty/lets_buy_up_all_the_liquidity_while_its_cheap/', 'zva2ty', [['u/SolutionBudget6087', 61, '2022-12-26 01:00', 'https://www.reddit.com/r/Bitcoin/comments/zva2ty/lets_buy_up_all_the_liquidity_while_its_cheap/j1nzpa8/', "I'm working on it!", 'zva2ty'], ['u/Critical_Rope_2402', 10, '2022-12-26 01:19', 'https://www.reddit.com/r/Bitcoin/comments/zva2ty/lets_buy_up_all_the_liquidity_while_its_cheap/j1o1za1/', 'Im waiting for 8k', 'zva2ty'], ['u/Sedrick-Vlan1', 23, '2022-12-26 01:22', 'https://www.reddit.com/r/Bitcoin/comments/zva2ty/lets_buy_up_all_the_liquidity_while_its_cheap/j1o2auh/', 'It’s suckers like you who will buy at 30k+ when they realize they missed the bottom.', 'zva2ty'], ['u/Sedrick-Vlan1', 11, '2022-12-26 01:58', 'https://www.reddit.com/r/Bitcoin/comments/zva2ty/lets_buy_up_all_the_liquidity_while_its_cheap/j1o6i2r/', 'Outside of any black swans I think a lot of the pain is priced in already. Stocks and bitcoin/crypto markets are forward looking. I personally don’t think we see below 12k, but we’ll see.', 'zva2ty'], ['u/ResultsoverExcuses', 23, '2022-12-26 02:06', 'https://www.reddit.com/r/Bitcoin/comments/zva2ty/lets_buy_up_all_the_liquidity_while_its_cheap/j1o7agi/', 'I’d gladly pay you Tuesday for 100,000,000 sats today', 'zva2ty'], ['u/TaiwanNumberOne1', 10, '2022-12-26 02:13', 'https://www.reddit.com/r/Bitcoin/comments/zva2ty/lets_buy_up_all_the_liquidity_while_its_cheap/j1o82uz/', 'Have you sold all to buy back later?', 'zva2ty'], ['u/killerlord16', 32, '2022-12-26 02:15', 'https://www.reddit.com/r/Bitcoin/comments/zva2ty/lets_buy_up_all_the_liquidity_while_its_cheap/j1o8c2m/', 'I am waiting for year 2013', 'zva2ty'], ['u/YodasLeftNut', 16, '2022-12-26 02:33', 'https://www.reddit.com/r/Bitcoin/comments/zva2ty/lets_buy_up_all_the_liquidity_while_its_cheap/j1oaa4p/', 'That doesn’t seem like a good idea tbh. I think we’ve got one more leg down, but I doubt it’s to 8k', 'zva2ty'], ['u/arcdog3434', 10, '2022-12-26 02:36', 'https://www.reddit.com/r/Bitcoin/comments/zva2ty/lets_buy_up_all_the_liquidity_while_its_cheap/j1oan30/', 'Lol what “clowns” - there is no enemy out there bro - exchanges are just what they say - places where buyers and sellers meet - what the hell are you talking about?', 'zva2ty'], ['u/Allanon124', 26, '2022-12-26 02:53', 'https://www.reddit.com/r/Bitcoin/comments/zva2ty/lets_buy_up_all_the_liquidity_while_its_cheap/j1och8v/', 'Quintessential crypto bro.', 'zva2ty'], ['u/Overall-Exchange-242', 10, '2022-12-26 02:59', 'https://www.reddit.com/r/Bitcoin/comments/zva2ty/lets_buy_up_all_the_liquidity_while_its_cheap/j1od6wr/', 'Most of them need to get wiped out. Over leveraged, don’t hold customer assets 1-1, and involved in shady stuff.', 'zva2ty'], ['u/astockstonk', 14, '2022-12-26 03:26', 'https://www.reddit.com/r/Bitcoin/comments/zva2ty/lets_buy_up_all_the_liquidity_while_its_cheap/j1og6ln/', 'Ok. Buying let’s buy all the liquidity until we hit $100k', 'zva2ty'], ['u/SnooRadishes6544', 10, '2022-12-26 03:55', 'https://www.reddit.com/r/Bitcoin/comments/zva2ty/lets_buy_up_all_the_liquidity_while_its_cheap/j1ojc02/', "Let's create the future we want", 'zva2ty'], ['u/Bongressman', 11, '2022-12-26 03:58', 'https://www.reddit.com/r/Bitcoin/comments/zva2ty/lets_buy_up_all_the_liquidity_while_its_cheap/j1ojo8g/', "Yeah, there isn't anyone left that is willing to sell at volume. We probably will tag 12-14k at some point, but even that would require some sort of Black Swan. We will likely just bounce between 15k and 22k for a good while. Again, unless another Black Swan happens. But it isn't hitting 8k under natural circumstances.", 'zva2ty'], ['u/Acceptable-Risks', 10, '2022-12-26 04:28', 'https://www.reddit.com/r/Bitcoin/comments/zva2ty/lets_buy_up_all_the_liquidity_while_its_cheap/j1oms75/', "No...no they won't. They'll say it's too high as it stabilizes above 20k again. Then they'll say they want to keep waiting for it to go down. Then when it doesn't go back down and keeps slowly grinding upward, they'll just say it's too high.", 'zva2ty'], ['u/JubilantlyWeary21', 12, '2022-12-26 04:31', 'https://www.reddit.com/r/Bitcoin/comments/zva2ty/lets_buy_up_all_the_liquidity_while_its_cheap/j1on3qy/', "same here dude, i've working it", 'zva2ty'], ['u/Sedrick-Vlan1', 11, '2022-12-26 05:33', 'https://www.reddit.com/r/Bitcoin/comments/zva2ty/lets_buy_up_all_the_liquidity_while_its_cheap/j1otldr/', 'This is exactly what happened to me in 2020. I was accumulating bitcoin between 9-10k and fell for some fud and sold it in small profit around 15k planning to buy back at under 5k. It went to 60k instead and I missed out on the bullrun. Same will happen to them.', 'zva2ty'], ['u/DannyHodler', 27, '2022-12-26 10:35', 'https://www.reddit.com/r/Bitcoin/comments/zva2ty/lets_buy_up_all_the_liquidity_while_its_cheap/j1pguev/', 'I’m just going to stick to my DCA and hope it will pay off in the next 4 years', 'zva2ty']]], ['u/rocasv', 'Swap Bitcoin without paying taxes?', 67, '2022-12-26 01:04', 'https://www.reddit.com/r/Bitcoin/comments/zva802/swap_bitcoin_without_paying_taxes/', 'Well, I recently posted about Giving my brothers BTC for Xmas... A lot of you texted me on how will I and them go about this, since It will be a tax event for us... Well, here is how We dont pay taxes for this:\n\nWell, I need to start with the fact that we are from El Salvador. Our national currencies are US Dollar and Bitcoin, both. Well, the fact is that Swapping currencies is not a taxable event here. Im not sure if it is on US and Europe, but it isnt is most of Latin America. \n\nSo, We, Citizens of El Salvador can pay, send, swap, receive and whatever you imagine, without paying taxes for it. \n\nDo YOU want to swap taxes free? You can come to El Salvador and request to be nationalized. The only rule the Gov has is to invest 3BTC on the country (this could be on your own house, so no big deal).', 'https://www.reddit.com/r/Bitcoin/comments/zva802/swap_bitcoin_without_paying_taxes/', 'zva802', [['u/sebikun', 17, '2022-12-26 01:31', 'https://www.reddit.com/r/Bitcoin/comme... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 Rae Wee SINGAPORE, Dec 27 (Reuters) - The dollar moved broadly lower on Tuesday while Australia and New Zealand\'s currencies jumped as risk appetite grew after China said it will scrap its COVID quarantine rule for inbound travellers - a major step towards easing curbs on its borders. The New Zealand dollar surged 0.65% to $0.63115 while the Aussie gained 0.25% to $0.67485 in mostly thin trading amid the year-end holiday season. The two currencies are often used as liquid proxies for China\'s yuan. China will stop requiring inbound travellers to go into quarantine on arrival starting Jan. 8, the National Health Commission said on Monday, even as COVID cases spike. At the same time, Beijing downgraded the regulations for managing COVID cases to the less strict Category B from the top-level Category A. "There seems to be no let-up in the pace of relaxing COVID restrictions despite the surge in COVID cases in the mainland," said Christopher Wong, a currency strategist at OCBC. "This perhaps demonstrates Chinese policymakers\' resolve to full reopening. "In addition, there was news of China potentially taking extraordinary measures to support growth," Wong said. Elsewhere, sterling rose 0.16% to $1.20865, while the euro edged 0.06% higher to $1.06395. Against a basket of currencies, the U.S. dollar index steadied at 104.12. Data released on Friday showed that U.S. consumer spending barely rose in November, while inflation cooled further, reinforcing expectations that the Federal Reserve could scale back on its aggressive monetary policy tightening path. "In line with its seasonal trend, December has been a soft month for the greenback," said ING FX strategist Francesco Pesole. "It\'s worth remembering that the dollar rose in each of the past four years in January. Our view for early 2023 is still one of dollar recovery." The Japanese yen rose 0.1% to 132.75 per dollar, as the recently fragile currency continues to be buoyed by the Bank of Japan\'s (BOJ) surprise tweak to its yield curve policy last week. Story continues BOJ Governor Haruhiko Kuroda on Monday brushed aside the chance of a near-term exit from ultra-loose monetary policy, even as markets and policymakers are signalling an increasing focus on what comes after Kuroda\'s tenure ends in April next year. "While ... (the) policy tweak has added uncertainty to the BOJ outlook, we continue to lean toward BOJ policymakers making no further policy adjustments through the end of 2023," said analysts at Wells Fargo. "Inflation pressures are expected to ease, which should lessen the BOJ\'s motivation for further policy moves." In cryptocurrencies, crypto lender Vauld has called off its potential acquisition by rival Nexo, according to a CoinDesk report. Bitcoin was last marginally lower at $16,914, while Ether slipped 0.1% to $1,227. (Reporting by Rae Wee; Editing by Kenneth Maxwell)', 'By Rae Wee\nSINGAPORE, Dec 27 (Reuters) - The dollar moved broadly lower on Tuesday while Australia and New Zealand\'s currencies jumped as risk appetite grew after China said it will scrap its COVID quarantine rule for inbound travellers - a major step towards easing curbs on its borders.\nThe New Zealand dollar surged 0.65% to $0.63115 while the Aussie gained 0.25% to $0.67485 in mostly thin trading amid the year-end holiday season. The two currencies are often used as liquid proxies for China\'s yuan.\nChina will stop requiring inbound travellers to go into quarantine on arrival starting Jan. 8, the National Health Commission said on Monday, even as COVID cases spike. At the same time, Beijing downgraded the regulations for managing COVID cases to the less strict Category B from the top-level Category A.\n"There seems to be no let-up in the pace of relaxing COVID restrictions despite the surge in COVID cases in the mainland," said Christopher Wong, a currency strategist at OCBC. "This perhaps demonstrates Chinese policymakers\' resolve to full reopening.\n"In addition, there was news of China potentially taking extraordinary measures to support growth," Wong said.\nElsewhere, sterling rose 0.16% to $1.20865, while the euro edged 0.06% higher to $1.06395.\nAgainst a basket of currencies, the U.S. dollar index steadied at 104.12.\nData released on Friday showed that U.S. consumer spending barely rose in November, while inflation cooled further, reinforcing expectations that the Federal Reserve could scale back on its aggressive monetary policy tightening path.\n"In line with its seasonal trend, December has been a soft month for the greenback," said ING FX strategist Francesco Pesole.\n"It\'s worth remembering that the dollar rose in each of the past four years in January. Our view for early 2023 is still one of dollar recovery."\nThe Japanese yen rose 0.1% to 132.75 per dollar, as the recently fragile currency continues to be buoyed by the Bank of Japan\'s (BOJ) surprise tweak to its yield curve policy last week.\nBOJ Governor Haruhiko Kuroda on Monday brushed aside the chance of a near-term exit from ultra-loose monetary policy, even as markets and policymakers are signalling an increasing focus on what comes after Kuroda\'s tenure ends in April next year.\n"While ... (the) policy tweak has added uncertainty to the BOJ outlook, we continue to lean toward BOJ policymakers making no further policy adjustments through the end of 2023," said analysts at Wells Fargo.\n"Inflation pressures are expected to ease, which should lessen the BOJ\'s motivation for further policy moves."\nIn cryptocurrencies, crypto lender Vauld has called off its potential acquisition by rival Nexo, according to a CoinDesk report.\nBitcoin was last marginally lower at $16,914, while Ether slipped 0.1% to $1,227.\n(Reporting by Rae Wee; Editing by Kenneth Maxwell)', 'Bitcoin and Ether edged up slightly on Tuesday morning in Asia, along with nearly all other non-stablecoin top 10 cryptocurrencies. XRP led the gains with about 5.6%, followed by Cardano and Polygon.\nSee related article:Bitcoin hashrate drops nearly 40% as deadly U.S. storm unplugs miners\n• Bitcoin rose 0.46% to US$16,919 in the 24 hours to 8 a.m. in Hong Kong, while Ether gained 0.66% to trade at US$1,227, according todata from CoinMarketCap.\n• XRP was up 5.58% to change hands at US$0.3657, and gained 7.91% over the past seven days. If early, Ripple Labs Inc. Chief Executive OfficerBrad Garlinghouseexpects itsXRP lawsuitagainst the U.S. Securities and Exchange Commission to end early next year.\n• Dogecoin fell to US$0.07576 after dropping 0.27% in the past 24 hours. The memecoin extended its losing streak since last week, when supporter Elon Musk announced that he will be stepping down as Twitter’s chief. Dogecoin traded at a low of US$0.07099 last week.\n• Cardano traded up 2.32% to US$0.2653, while Polygon rose 2.32% to trade at US$0.8136.\n• The Asian markets closed higher on Monday as China announced that it will reopen its borders and scrap inbound Covid quarantine rules from Jan. 8.\n• The Shanghai Composite Index closed up 0.65%, and Japan’s Nikkei 225 also rose 0.65%. The U.S. and Hong Kong equities markets were closed on Monday for Christmas.\nSee related article:Sam Bankman-Fried, FTX misled investors, lent billions to Alameda, Caroline Ellison says', 'Bitcoin and Ether edged up slightly on Tuesday morning in Asia, along with nearly all other non-stablecoin top 10 cryptocurrencies. XRP led the gains with about 5.6%, followed by Cardano and Polygon. See related article: Bitcoin hashrate drops nearly 40% as deadly U.S. storm unplugs miners Fast facts Bitcoin rose 0.46% to US$16,919 in the 24 hours to 8 a.m. in Hong Kong, while Ether gained 0.66% to trade at US$1,227, according to data from CoinMarketCap . XRP was up 5.58% to change hands at US$0.3657, and gained 7.91% over the past seven days. If early, Ripple Labs Inc. Chief Executive Officer Brad Garlinghouse expects its XRP lawsuit against the U.S. Securities and Exchange Commission to end early next year. Dogecoin fell to US$0.07576 after dropping 0.27% in the past 24 hours. The memecoin extended its losing streak since last week, when supporter Elon Musk announced that he will be stepping down as Twitter’s chief. Dogecoin traded at a low of US$0.07099 last week. Cardano traded up 2.32% to US$0.2653, while Polygon rose 2.32% to trade at US$0.8136. The Asian markets closed higher on Monday as China announced that it will reopen its borders and scrap inbound Covid quarantine rules from Jan. 8. The Shanghai Composite Index closed up 0.65%, and Japan’s Nikkei 225 also rose 0.65%. The U.S. and Hong Kong equities markets were closed on Monday for Christmas. See related article: Sam Bankman-Fried, FTX misled investors, lent billions to Alameda, Caroline Ellison says', 'Bitcoin and Ether edged up slightly on Tuesday morning in Asia, along with nearly all other non-stablecoin top 10 cryptocurrencies. XRP led the gains with about 5.6%, followed by Cardano and Polygon.\nSee related article:Bitcoin hashrate drops nearly 40% as deadly U.S. storm unplugs miners\n• Bitcoin rose 0.46% to US$16,919 in the 24 hours to 8 a.m. in Hong Kong, while Ether gained 0.66% to trade at US$1,227, according todata from CoinMarketCap.\n• XRP was up 5.58% to change hands at US$0.3657, and gained 7.91% over the past seven days. If early, Ripple Labs Inc. Chief Executive OfficerBrad Garlinghouseexpects itsXRP lawsuitagainst the U.S. Securities and Exchange Commission to end early next year.\n• Dogecoin fell to US$0.07576 after dropping 0.27% in the past 24 hours. The memecoin extended its losing streak since last week, when supporter Elon Musk announced that he will be stepping down as Twitter’s chief. Dogecoin traded at a low of US$0.07099 last week.\n• Cardano traded up 2.32% to US$0.2653, while Polygon rose 2.32% to trade at US$0.8136.\n• The Asian markets closed higher on Monday as China announced that it will reopen its borders and scrap inbound Covid quarantine rules from Jan. 8.\n• The Shanghai Compo **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-12-27 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $325,075,349,050 - Hash Rate: 202165083.87784645 - Transaction Count: 239359.0 - Unique Addresses: 593337.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.27 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: The epic collapse of FTX and founder Sam Bankman-Fried’s investment empire has left Washington officials scratching their heads: Why didn’t U.S. regulators stop this mess before it took down the crypto market? There wasn’t much they could do, according to more than a half-dozen interviews with regulators, lawmakers, lawyers and other compliance experts. The Bahamas-based exchange’s offshore location and sprawling corporate structure made it a difficult target for the federal agencies tasked with protecting investors from fraud and manipulation. “Blaming them?" said John Reed Stark, a crypto skeptic who once led the Securities and Exchange Commission’s internet enforcement office. "That’s like Oswald blaming the Secret Service because he killed Kennedy.” The oversight gaps that allowed for the disastrous failure of FTX — which until just weeks ago was one of the world's most respected crypto businesses before it was exposed as a house of cards — underscore the deep risks of trading on unregulated digital currency exchanges. It has prompted policymakers in Congress and at federal agencies to consider new laws and more aggressive penalties to head off a future meltdown. Crypto has flourished in a regulatory gray area, where even activities that resemble traditional financial products have escaped oversight. A big question is whether regulators have sufficient authority or need more power. Two key financial market agencies — the SEC and the Commodity Futures Trading Commission — are facing scrutiny about why they didn't do more to shield consumers. “Part of what we’re seeing is a sign that the financial regulatory system is not able to evolve as quickly as it needs to, to address emerging threats,” said Kate Judge, a professor at Columbia Law School. FTX’s bankruptcy filings include hair-raising allegations of top executives — including Bankman-Fried, a former political mega-donor — treating FTX and its 130 affiliates like a slush fund. Behind its sleek veneer, FTX was actually a loosely organized network of investment firms, crypto businesses and holding companies with no centralized accounting system, little oversight of personnel and few internal controls to prevent Bankman-Fried and other employees from dipping into the company till. Story continues “Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here,” FTX’s new CEO John Ray III, who previously managed Enron’s restructuring, wrote in a bankruptcy filing on Thursday. "This situation is unprecedented.” Because FTX’s Bahamas-based parent company never registered with the SEC or the Commodity Futures Trading Commission — and spent tens of millions of dollars on a Washington influence campaign to fend off any argument that it was required to do so — FTX’s internal operations were never scrutinized like Wall Street banks or traditional exchanges. The SEC and the CFTC have the power to launch investigations into businesses that aren't registered with them, but there needs to be an indication of potential fraud or manipulation impacting the securities and derivatives markets they regulate. “You can never stop fraud,” CFTC Chair Rostin Behnam said in a Nov. 14 interview. “A regulated entity is certainly going to be in a much better position to avoid issues around illegal activity or using customer money for illegal reasons.” It's one reason why SEC Chair Gary Gensler has been calling for crypto exchanges to register with his agency, according to sources familiar with the commission’s thinking. Registered exchanges have to fork over their books upon demand. Gensler, who led the CFTC during the Obama administration, has argued for two years that securities laws cover most crypto activity. But the SEC’s efforts to probe unregistered digital currency businesses are often met by fierce resistance — including costly legal battles from industry and broadsides from crypto-friendly lawmakers in Congress. In March, Gensler even spoke with Bankman-Fried, fellow FTX executives and stock exchange operator IEX about IEX's plans to enter the crypto market, according to people familiar with the meeting. FTX's U.S. affiliate later announced an investment in IEX. Before the executives could get far into their presentation, Gensler interrupted and spent the rest of the meeting talking about how crypto exchanges should meet the standards of stock exchanges, the people said, asking not to be named while discussing private conversations. "I don't think — under our framework — that there was an opportunity for the SEC to intervene in this case,” Rep. Stephen Lynch (D-Mass.), who chairs the House Financial Services Committee’s financial technology task force, said in an interview. Senate Banking Chair Sherrod Brown (D-Ohio) said the SEC chief "believes he has the authority to do a lot of things, but Gensler's problem was he inherited an agency that essentially opened the door for these crypto companies." The CFTC had oversight of one component of Bankman-Fried’s empire, LedgerX, a derivatives exchange that had been registered with the agency for roughly four years before it was acquired by FTX’s U.S. affiliate in 2021. Critics such as the consumer group Better Markets have complained in recent days that the CFTC should have pursued red flags surrounding FTX. But Behnam said the CFTC only has the ability to look at LedgerX — one of the FTX entities that’s not bankrupt and continues to operate. “Any rational person would take from that that regulation worked,” said Behnam, who has repeatedly called on Congress to give his agency more authority over exchanges that facilitate trading of Bitcoin and other crypto commodities. Behnam has thrown his support behind a Senate bill that would empower his agency to police digital assets, but the legislation is now facing political headwinds because it also had the backing of FTX. Treasury Secretary Janet Yellen on Wednesday urged Congress to address crypto regulatory gaps that were identified in an Oct. 3 Financial Stability Oversight Council report spotlighting the dangers that could develop with the industry’s unregulated growth. The council is led by Treasury and includes other top financial regulators, including the heads of the SEC and the CFTC. In the meantime, with Congress likely to be at odds for months over how to police the market, Yellen wants regulators to start stretching their authority. “We have very strong investor and consumer protection laws for most of our financial products and markets that are designed to address these risks," she said in a statement. "Where existing regulations apply, they must be enforced rigorously so that the same protections and principles apply to crypto assets and services." Zach Warmbrodt contributed reporting.... - Reddit Posts (Sample): [['u/CoffeeBall', 'How is Bitcoin worse than other cryptocurrencies?', 11, '2022-12-27 00:03', 'https://www.reddit.com/r/Bitcoin/comments/zvzn8d/how_is_bitcoin_worse_than_other_cryptocurrencies/', 'The focus is normally on how other chains are worse. But what are the flaws compared to others and how can this be changed or updated in the future?', 'https://www.reddit.com/r/Bitcoin/comments/zvzn8d/how_is_bitcoin_worse_than_other_cryptocurrencies/', 'zvzn8d', [['u/nutcase2019', 11, '2022-12-27 00:30', 'https://www.reddit.com/r/Bitcoin/comments/zvzn8d/how_is_bitcoin_worse_than_other_cryptocurrencies/j1s3dt7/', 'This is a strength, not a weakness.', 'zvzn8d'], ['u/Ih82Bthisguybut', 27, '2022-12-27 00:38', 'https://www.reddit.com/r/Bitcoin/comments/zvzn8d/how_is_bitcoin_worse_than_other_cryptocurrencies/j1s4fdy/', 'It keeps on dying(according to the news).', 'zvzn8d'], ['u/BrotherAmazing', 21, '2022-12-27 00:38', 'https://www.reddit.com/r/Bitcoin/comments/zvzn8d/how_is_bitcoin_worse_than_other_cryptocurrencies/j1s4hc9/', 'I guess because Bitcoin isn’t a fraud/scam or controlled by a few, it’s not as good of a mechanism for a centralized group of “Founders” to set up a slush fund of extra Bitcoins they mint out of thin air and use to defraud everyone, and such people can’t push voting measures through in sham governance votes because they own majority premine Bitcoin or had exclusive Initial Coin Offering (ICO) access. \n\nSo if you are a con-artist, Bitcoin isn’t a good way to defraud people and you’re better off starting some new shitcoin to do that. That makes it “worse” from *their* criminal minded point of view.', 'zvzn8d'], ['u/nutcase2019', 12, '2022-12-27 00:42', 'https://www.reddit.com/r/Bitcoin/comments/zvzn8d/how_is_bitcoin_worse_than_other_cryptocurrencies/j1s4wsv/', "Personally I don't see it as a weakness in either time frame. Those that decry Bitcoin devs for not moving fast and breaking things are mostly just scammers pushing their shitcoin du jour. In the last year Taproot was activated and you've got Taro working on moving all sorts of crap over Lightning rails. I mean how fast should things move? We're talking about people's money here, not some picture of a cartoon monkey's butthole.", 'zvzn8d'], ['u/Marcion_Sinope', 10, '2022-12-27 00:53', 'https://www.reddit.com/r/Bitcoin/comments/zvzn8d/how_is_bitcoin_worse_than_other_cryptocurrencies/j1s6e17/', "What a bizarre and convoluted question.\n\nThere is bitcoin and then there is 'crypto' e.g., shitcoins.\n\nOne is not comparable to the other.", 'zvzn8d'], ['u/looneytones8', 10, '2022-12-27 01:05', 'https://www.reddit.com/r/Bitcoin/comments/zvzn8d/how_is_bitcoin_worse_than_other_cryptocurrencies/j1s7xom/', "That's a straight up lie. Bitcoin development is stronger than it's ever been. If not on layer 1 then on other layers, etc\n\nEdit: [source](https://www.reddit.com/r/Bitcoin/comments/zvwdka/the_bitcoin_lightning_network_continues_to_grow)", 'zvzn8d'], ['u/ZillaR32', 15, '2022-12-27 01:11', 'https://www.reddit.com/r/Bitcoin/comments/zvzn8d/how_is_bitcoin_worse_than_other_cryptocurrencies/j1s8njx/', "There's only one and it's Bitcoin. Everything else is centralised and most are scams.\n\nBitcoin has no boss which make it's different.", 'zvzn8d'], ['u/itsybitsybtc', 57, '2022-12-27 01:32', 'https://www.reddit.com/r/Bitcoin/comments/zvzn8d/how_is_bitcoin_worse_than_other_cryptocurrencies/j1sbfe8/', "I've spent the past 6 years in deep with cryptocurrencies. The first 4 I was a mega shitcoiner. In fact, I actually bought BTC in 2015 just to buy shitcoins since that was the only way to get them. Bitcoin is the horse to the shitcoin's jet planes, I thought. I was the smart one, getting in on the better thing. \n\nAbout two years ago, I am not sure what happened to me but I am grateful. It was sort of like after 4 years of playing in a landfill I noticed the orange park across the street was always clean, never changed, and everyone was playing nicely together.\n\nAfter doing the real work it is abundantly clear, Bitcoin is about as flawless of a creation as there can be. Every day for the past two years I am only more in awe that we have this thing. It's truly unbelievable something like Bitcoin came to be, and it will unquestionably change society for the better in time. \n\nI don't regret my time playing in shitcoin world because I think without it I wouldn't be able to see Bitcoin for the perfection that it is. The only thing that can be worse than Bitcoin is whatever garbage we build on top of it, but Bitcoin itself will always be immaculate.", 'zvzn8d'], ['u/never_safe_for_life', 30, '2022-12-27 01:54', 'https://www.reddit.com/r/Bitcoin/comments/zvzn8d/how_is_bitcoin_worse_than_other_cryptocurrencies/j1se71l/', 'Same. I thought "decentralized money is cool, but decentralized finance is going to be epic." Spent 2 years learning how to write smart contracts, looking for real-world use cases. Only to come to the conclusion that basic, boring store of value technology Bitcoin is the discovery of the millenia. New money comes around once every few thousands years and this is it, this is the big deal. \n\nSure, programmable money is going to find some use. But it pales compared to a global, censorship resistant, immutable, money that can be used by anyone.', 'zvzn8d'], ['u/itsybitsybtc', 22, '2022-12-27 02:18', 'https://www.reddit.com/r/Bitcoin/comments/zvzn8d/how_is_bitcoin_worse_than_other_cryptocurrencies/j1sh41p/', 'What I’ve realized over the past 6 months is that Bitcoin’s layer 2 and 3 solutions will turn every single Sat into its own digital enterprise. All of these pointless, reinvent the wheel shitcoin escapades will look like high school hello world projects compared to the applications built on Bitcoin in the next 15 years.\n\nI expect there are many more like you and I who will arrive back at Bitcoin and all of that shitcoin experience will come with. Sort of like when pilots who returned from horrific WWII set off the general aviation revolution in the 60s and 70s.', 'zvzn8d']]], ['u/OhTravs', 'Tick Tock Next Block', 395, '2022-12-27 03:10', 'https://www.reddit.com/r/Bitcoin/comments/zw3s78/tick_tock_next_block/', 'Cant stop Bitcoin', 'https://i.redd.it/ap9945ko4e8a1.jpg', 'zw3s78', [['u/bigwavedave000', 70, '2022-12-27 03:12', 'https://www.reddit.com/r/Bitcoin/comments/zw3s78/tick_tock_next_block/j1snrqh/', 'You have no power here.', 'zw3s78'], ['u/Lamplightermk101', 27, '2022-12-27 03:15', 'https://www.reddit.com/r/Bitcoin/comments/zw3s78/tick_tock_next_block/j1so8qk/', 'Savage.', 'zw3s78'], ['u/Novel-Counter-8093', 10, '2022-12-27 03:34', 'https://www.reddit.com/r/Bitcoin/comments/zw3s78/tick_tock_next_block/j1sqkwf/', 'based', 'zw3s78'], ['u/ksyalxe', 26, '2022-12-27 03:37', 'https://www.reddit.com/r/Bitcoin/comments/zw3s78/tick_tock_next_block/j1sqyu1/', 'What is this in response to? What’s the context?', 'zw3s78'], ['u/capturendestroy', 65, '2022-12-27 03:57', 'https://www.reddit.com/r/Bitcoin/comments/zw3s78/tick_tock_next_block/j1stfke/', "That email was sent 10 months ago and it was Nunchuk Bitcoin Wallet's response to [this court order.](https://pbs.twimg.com/media/FL7mzEpVcAU0AMX?format=jpg) \n\nRemember the trucker protest that happened in Ontario back in February? \n\nThe Ontario court wanted all of the bitcoin that was sent to the trucker protesters to be frozen but that never happened.\n\nhttps://twitter.com/nunchuk_io/status/1494885897577271299", 'zw3s78'], ['u/OhTravs', 10, '2022-12-27 03:59', 'https://www.reddit.com/r/Bitcoin/comments/zw3s78/tick_tock_next_block/j1stoje/', 'CAD justice department trying to freeze users BTC, despite being self custody. They’re still learning lol', 'zw3s78'], ['u/Vegas_42', 18, '2022-12-27 05:30', 'https://www.reddit.com/r/Bitcoin/comments/zw3s78/tick_tock_next_block/j1t3p8f/', 'Oldie but goldie. The last sentence is a pure diamond.', 'zw3s78'], ['u/A_British_Villain', 31, '2022-12-27 10:18', 'https://www.reddit.com/r/Bitcoin/comments/zw3s78/tick_tock_next_block/j1trn4z/', 'So, Bitcoin working as designed! Much applause', 'zw3s78']]], ['u/leoskate1', 'Nostr A.I Bot is becoming Nano maxi', 122, '2022-12-27 04:59', 'https://www.reddit.com/r/nanocurrency/comments/zw5zig/nostr_ai_bot_is_becoming_nano_maxi/', 'The A.I Bot of [astral - thread](https://www.astral.ninja/note1nrve9fywafkgpgts7e20266xt8tzarn3ymdgkea30qcsywfr2gzqs9pcmr) the nostr Protocol with 99% of bitcoiners is becomig a nano maxi if someone tries to trash it the bot starts to defending nano see the full discusion on the link its funny lol bitcoiners will have to ban their own bot\n\n[astral - thread](https://www.astral.ninja/note1nrve9fywafkgpgts7e20266xt8tzarn3ymdgkea30qcsywfr2gzqs9pcmr)\n\nhttps://preview.redd.it/07bixzg96d8a1.png?width=586&format=png&auto=webp&s=47326781606f7c9ab2ce401be4f9172ed45068e5', 'https://www.reddit.com/r/nanocurrency/comments/zw5zig/nostr_ai_bot_is_becoming_nano_maxi/', 'zw5zig', [['u/PM_ME_YOUR_HONEY', 30, '2022-12-27 05:36', 'https://www.reddit.com/r/nanocurrency/comments/zw5zig/nostr_ai_bot_is_becoming_nano_maxi/j1t48t8/', 'That sounds hilarious', 'zw5zig'], ['u/JusticeLoveMercy', 30, '2022-12-27 05:57', 'https://www.reddit.com/r/nanocurrency/comments/zw5zig/nostr_ai_bot_is_becoming_nano_maxi/j1t6gy4/', 'Wow. I guess without any biases Nano is the winner.', 'zw5zig'], ['u/leoskate1', 10, '2022-12-27 07:38', 'https://www.reddit.com/r/nanocurrency/comments/zw5zig/nostr_ai_bot_is_becoming_nano_maxi/j1tfrqj/', 'superduper hilarious', 'zw5zig'], ['u/leoskate1', 10, '2022-12-27 07:40', 'https://www.reddit.com/r/nanocurrency/comments/zw5zig/nostr_ai_bot_is_becoming_nano_maxi/j1tfvy5/', 'bitcoiners getting crazy funny thing is that after the bot start to defending nano and talking about its advantages they change the bot profile picture and who knows maybe they will create some kinda of nano filter for it', 'zw5zig'], ['u/SenatusSPQR', 11, '2022-12-27 11:20', 'https://www.reddit.com/r/n... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Good morning. Here’s what’s happening:\nPrices:Bitcoin drifted lower in Tuesday trading, albeit not by much as crypto prices remained largely frozen near levels they\'ve held for a week.\nInsights:In this last week of 2022, First Mover Asia is revisiting a few of CoinDesk\'s (CD) best, most impactful stories from the past year. Less than a month after a CD story led to the implosion of crypto exchange giant FTX in November, Chief Insights Columnist David Z. Morris zeroed in on the seriousness of CEO Sam Bankman-Fried\'s offenses. The U.S. Department of Justice subsequentlychargedBankman-Fried with wire fraud and other alleged crimes. After posting bail, he is confined to his parents California home except to exercise, and must wear a tracking device.\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.\nCoinDesk Market Index (CMI)\n792.84\n−7.9▼1.0%\nBitcoin (BTC)\n$16,700\n−217.1▼1.3%\nEthereum (ETH)\n$1,211\n−16.3▼1.3%\nS&P 500 daily close\n3,829.25\n−15.6▼0.4%\nGold\n$1,821\n+25.2▲1.4%\nTreasury Yield 10 Years\n3.86%\n▲0.1\nBTC/ETH prices perCoinDesk Indices; gold is COMEX spot price. Prices as of about 4 p.m. ET\nFrozen Markets, a Bitcoin Drift\nBy James Rubin\nBitcoin drifted lower in Tuesday trading, albeit not by much as investors continued their historical, year-end hibernation. Crypto prices remain frozen near the levels they\'ve held for much of the past two weeks.\nThe largest cryptocurrency by market capitalization was recently changing hands at $16,700, off 1.3% over the past 24 hours but near its most recent support just under $17,000. BTC\'s price has remained resilient over the past two months, despite the widening fallout from the implosion of crypto exchange FTX.\nIn a CoinDesk TV First Mover interview, Martin Leinweber, digital asset product strategist at Market Vector Indexes, noted bitcoin\'s strength relative to other cryptos. "If you look at the coins that demonstrate relative strength, which means coins that fell the least amount from the all-time high, you will notice names that nearly no one would have imagined, especially when you consider the ranking," Leinweber said. "So bitcoin was not the most defensive coin, one might expect from a store of value."\nEther was recently trading just over $1,200, also down 1.3% from Monday, same time. Most other major cryptos were slightly in the red with LINK, the token of software platform Chainlink, and CRO, the native cryptocurrency of exchangeCrypto.com, each sinking more than 2%. TheCoinDesk Market Index(CDI), an index measuring cryptos\' performance, fell 1.15%.\nMajor equity indexes closed mixed after a good news, bad news day in which China announced it would allow international travelers to enter the country again but Russia said it would ban oil sales to countries that had placed a $60 per barrel price cap on it – the latest fallout from Russia\'s unprovoked invasion of Ukraine. How the moves will affect prices worldwide is uncertain. Brent crude oil, a widely watched measure of global energy markets, was recently selling at $85 per barrel, an 11% gain over the past three weeks. The tech-heavy Nasdaq slipped 1.4%, but the Dow Jones Industrial Average ticked up slightly.\nMeanwhile, FTX\'s sad, unsavory saga continued withdocuments filed in Caribbean courtshowing that former CEO Sam Bankman-Fried borrowed hundreds of millions of dollars from Alameda Research to purchase his stake in trading app Robinhood Markets (HOOD).\nIn an affidavit before his arrest, Bankman-Fried said he and FTX co-founder Gary Wang together borrowed over $546 million from Alameda via promissory notes in April and May. They used that money to capitalize Emergent Fidelity Technologies Ltd., the shell corporation that in May bought a7.6% stake of Robinhood.\nThe FTX crisis has renewed calls for stronger regulation some seven months after the TerraUSD (UST) stablecoin lost its dollar peg. The consequent collapse of the Terra ecosystem during the spring jolted lawmakers who had been hesitating to create stricter guidelines targeting digital assets to ratchet up their efforts. As yet, little concrete has resulted, although many crypto insiders expect changes in the year ahead and beyond to protect investors.\nMarket Vector Indexes\' Leinweber said he would embrace stablecoin regulation. "I welcome those regulations," he said. "It will lead to more dollars in that space. There are some unregulated, poorer constructed ones. But they\'re also good stablecoins."\n[{"Asset": "Terra", "Ticker": "LUNA", "Returns": "+4.1%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "XRP", "Ticker": "XRP", "Returns": "+0.6%", "DACS Sector": "Currency"}, {"Asset": "Cosmos", "Ticker": "ATOM", "Returns": "+0.3%", "DACS Sector": "Smart Contract Platform"}]\n[{"Asset": "Dogecoin", "Ticker": "DOGE", "Returns": "\\u22122.9%", "DACS Sector": "Currency"}, {"Asset": "Gala", "Ticker": "GALA", "Returns": "\\u22122.8%", "DACS Sector": "Entertainment"}, {"Asset": "Decentraland", "Ticker": "MANA", "Returns": "\\u22122.4%", "DACS Sector": "Entertainment"}]\nFTX’s Collapse Was a Crime, Not an Accident\nBy David Z. Morris, CoinDesk Chief Insights Columnist\nIn the weeks since Sam Bankman-Fried’s cryptocurrency empire was revealed to be a house of lies, mainstream news organizations and commentators have often failed to give their readers a straightforward assessment of exactly what happened. August institutions including the New York Times and Wall Street Journal have uncovered many key facts about the scandal, but they have also repeatedly seemed to downplay the facts in ways that soft-pedaled Bankman-Fried’s intent and culpability.\nIt is now clear that what happened at the FTX crypto exchange and the hedge fund Alameda Research involved a variety of conscious and intentional fraud intended to steal money from both users and investors. That’s why a recent New York Times interview waswidely deridedfor seeming to frame FTX’s collapse as the result ofmismanagement rather than malfeasance. A Wall Street Journal article bemoaned theloss of charitable donationsfrom FTX, arguably propping up Bankman-Fried’s strategic philanthropic pose. Vox co-founder Matthew Yglesias, court chronicler of the neoliberal status quo, seemed to whitewash his own entanglements by crediting Bankman-Fried’s money withhelping Democratsin the 2020 elections – sidestepping the likelihood that the money was effectively embezzled.\nPerhaps most perniciously, many outlets have described what happened to FTX as a “bank run” or a “run on deposits,” while Bankman-Fried has repeatedly insisted the company was simply overleveraged and disorganized. Both of these attempts to frame the fallout obfuscate the core issue:the misuse of customer funds.\nBanks can be hit by “bank runs” because they are explicitly in the business of lending customer funds out to generate returns. They can experience a short-term cash crunch if everyone withdraws at the same time, without there being any long-term problem.\nBut FTX and other crypto exchanges are not banks. They do not (or should not) do bank-style lending, so even a very acute surge of withdrawals should not create a liquidity strain. FTX had specificallypromised customersit would never lend out or otherwise use the crypto they entrusted to the exchange.\nCoinDesk\'s Chief Insights Columnist David Z. Morris unpacks his latest opinion piece that argues Sam Bankman-Fried, former CEO of troubled crypto exchange FTX, is a fraud.\nSee also:Divisions in Sam Bankman-Fried\'s Crypto Empire Blur on Alameda\'s Balance Sheet\nIn reality, the funds were sent to the intimately linked trading firm Alameda Research, where they were, it seems, simply gambled away. This is, in the simplest terms, theft at a nearly unprecedented scale. While the total losses have yet to be quantified, up toone million customerscould be impacted, according to a bankruptcy document.\nRead the full story here\n11 p.m. HKT/SGT(3 p.m. UTC):U.S. Pending Home Sales(Nov. MoM/YoY)\n8 p.m. HKT/SGT(12 p.m. UTC):U.S. Mortgage Bankers Association mortgage applications(Dec. 23)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nBitcoin Miners Powered Off as Winter Storm Battered North America; Bitcoin Holds Near $17K\nMiners across the U.S. powered down over the weekend as a powerful storm swept across North America. MarketVector Indexes Digital Asset Product Strategist Martin Leinweber shared his crypto markets analysis. Also, Akin Gump Partner Ian McGinley shared his thoughts on the latest legal developments for former FTX CEO Sam Bankman-Fried.\nCrypto Investment Firm Midas Shutting Down Platform Following Losses:The collapse of Celsius and FTX led to more than 60% of Midas’ assets under management being withdrawn.\nMango Markets Exploiter Eisenberg Arrested in Puerto Rico:Federal agents were not a fan of Avraham Eisenberg’s “highly profitable trading strategy.”\nPudgy Penguins NFTs Break All-Time Highs With Holiday Rally:A fast-rising floor price caps the once written-off collection’s banner year.\nEllison and Wang Will Be ‘Game Changers\' in Bankman-Fried\'s Trial, Lawyer Says:The testimony of the two FTX insiders could be damning for Bankman-Fried as he fights criminal charges, according to Ian McGinley, a partner at Akin Group.\nJustice Department Launches Criminal Probe Into $400M FTX Hack:Bloomberg: Experts have suggested the digital fingerprints left by the alleged hacker points to an inside job.', 'Good morning. Here’s what’s happening: Prices: Bitcoin drifted lower in Tuesday trading, albeit not by much as crypto prices remained largely frozen near levels they\'ve held for a week. Insights: In this last week of 2022, First Mover Asia is revisiting a few of CoinDesk\'s (CD) best, most impactful stories from the past year. Less than a month aft **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-12-28 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $320,584,875,800 - Hash Rate: 295336818.18676704 - Transaction Count: 272949.0 - Unique Addresses: 661225.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.28 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Ahead ofTuesday's U.S. House Financial Services Committee hearing on FTX, John Jay Ray III, FTX's new CEO since bankruptcy,filed written testimonywhich outlines several "unacceptable management practices," the new CEO uncovered at the bankrupt crypto exchange. Ray said in prepared remarks FTX's demise was due to "the absolute concentration of control in the hands of a very small group of grossly inexperienced and unsophisticated individuals." Additionally, Ray, who led the liquidation of Enron, has uncovered at least five different things the company did with some of thebillions it raised from investorsand the billions more in client assets held on its exchanges. Which, given the$8 billion asset holefound at the center of FTX in bankruptcy, is no doubt of interest to customers and counterparties looking to be made whole. 1.Customer assets from FTX.com were commingled with assets from the Alameda trading platform. "I didn't knowingly commingle funds," disgraced former CEO Sam Bankman-Friedtold Andrew Ross Sorkin in an interview two weeks ago, suggesting the platform's margin trading system was the source of the problem. "You have the margin trading. You have, you know, customers borrowing from each other. Alameda is one of those. I was frankly surprised by how big Alameda's position was, which points to another failure of oversight on my part," he went on to say in the interview. 2.Alameda used client funds to engage in margin trading which exposed customer funds to massive losses. In a since deleted tweet from November 8, Bankman-Fried said customer assets were backed 1:1. When asked during a Twitter Spaces on Monday whether this statement was true, Bankman-Fried replied, "Yes, but... the problem is that that includes negative balances for some customers... net customer assets were equal to net assets on the platform... gross customer assets were not." 3.The FTX Group went on a spending binge in late 2021 through 2022, during which approximately $5 billion was spent buying a myriad of businesses and investments, many of which may be worth only a fraction of what was paid for them. The list of investments by sibling trading firm Alameda Research alone is $5.2 billion spread across approximately 474 companies. Originally supported by both FTX's name and influence, these startups will not likely fetch the price FTX paid despite what independent success they might have, according to Ray's assessment. 4. Loans and other payments were made to insiders in excess of $1 billion. In Ray's original declaration (Doc 24) for FTX Group's bankruptcy proceedings, he previously highlighted how Alameda lent $2.3 billion to affiliated companies such as Paper Bird Inc., one billion to Bankman-Fried, another $543 million to Former FTX Director of Engineering Nishad Singh, and $55 million to former FTX Digital Markets CEO Ryan Salame. 5. Alameda’s business model as a market maker required deploying funds to various third party exchanges which were inherently unsafe, and further exacerbated by the limited protections offered in certain foreign jurisdictions. The market for total crypto assets has fallen by 62% from $1.4 trillion to $843 billion since the beginning of January. As cryptocurrency prices have plunged through the year, Alameda can be expected to have taken heavy losses. In June, it lent$200 million loan to crypto lender Voyager before its U.S. subsidiary lent another $275 million to BlockFi. Both companies have filed for bankruptcy protection. "My ability to comment on certain matters ... will be materially limited by the state of the FTX Group’s books and records, ongoing bankruptcy proceedings, and the numerous, ongoing investigations by U.S. law enforcement and regulators," Ray added. David Hollerith is a senior reporter at Yahoo Finance covering the cryptocurrency and stock markets. Follow him on Twitter at@DsHollers Click here for the latest crypto news, updates, values, prices, and more related to Bitcoin, Ethereum, Dogecoin, DeFi and NFTs Read the latest financial and business news from Yahoo Finance Download the Yahoo Finance app forAppleorAndroid Follow Yahoo Finance onTwitter,Facebook,Instagram,Flipboard,LinkedIn, andYouTube... - 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:** ['Good morning. Here’s what’s happening: Prices: Bitcoin, ether and most other major cryptocurrencies spent Wednesday in the red. Insights: In this last week of 2022, First Mover Asia is revisiting a few of CoinDesk\'s most noteworthy columns. In his latest Crypto Long and Short newsletter, CoinDesk research analyst George Kaloudis considered five of the most annoying events and trends in 2022. Unsurprisingly, topping his list, Kaloudis wrote of his anger at FTX . Prices CoinDesk Market Index (CMI) 778.08 −14.8 ▼ 1.9% Bitcoin (BTC) $16,539 −164.2 ▼ 1.0% Ethereum (ETH) $1,189 −22.3 ▼ 1.8% S&P 500 daily close 3,783.22 −46.0 ▼ 1.2% Gold $1,812 −2.8 ▼ 0.2% Treasury Yield 10 Years 3.89% ▲ 0.0 BTC/ETH prices per CoinDesk Indices ; gold is COMEX spot price. Prices as of about 4 p.m. ET Another Gloomy Day for Bitcoin By James Rubin Bitcoin added another dollop of gloom to an already gloomy year on Wednesday. The largest cryptocurrency by market capitalization was recently down a percentage point over the past 24 hours to about $16,500. BTC has been clinging closer to $17,000 since mid-December amid market concerns about the latest macroeconomic uncertainties and the increased likelihood of Federal Reserve continuing to raise interest rates. In an interview with CoinDesk TV\'s "First Mover" program, Brent Xu, founder and CEO of cross-chain DeFi ( decentralized-finance ) hub Umee, said that markets seem to be destined to continue their declines well into 2023. "Markets are going to bottom out around Q2 to Q3," Xu said. "We\'re going to see another six to 12 months of negative sentiment, possibly 18 months." Still, he added that he expects "better developments" in the long term. Ether was recently changing hands at just under $1,200 for a second consecutive day, off more than 2% from the day before. Other major cryptos were largely in the red amid tepid trading that is typical for most assets as a year closes. SOL , the token of the Solana blockchain, and APT , the native cryptocurrency of the Aptos blockchain system were down more than 11% and 10%, respectively. The CoinDesk Market Index (CDI), an index measuring cryptos\' performance, recently fell 1.86%. Story continues U.S. equity indexes slipped slightly as investors chewed over the implications of China reopening its borders after months of Covid-related lockdowns. The tech-focused Nasdaq and S&P 500, which has a hefty technology component, declined 1.4% and 1.2%, respectively. Stocks usually trade sideways at this time of the year, although a massive sell-off of Tesla\'s (TSLA) stock this month and Southwest Airlines\' (LUV) mass cancellations may alter this traditional course. For at least one day, a couple of faintly positive stories replaced the latest developments in crypto exchange FTX\'s crisis among industry headlines. Bitcoin miner Argo Blockchain (ARBK) avoided filing for bankruptcy protection after agreeing to sell its Dickens Country, Texas mining facility to Galaxy Digital for $65 million and securing a $35 million loan from the crypto-focused financial-services firm. Earlier in the day (Hong Kong time), CoinDesk also reported that MicroStrategy (MSTR), the business software vendor that was co-founded by crypto proponent Michael Saylor, has added to its bitcoin stockpile, purchasing about 2,395 bitcoins for $42.8 million between Nov. 1 and Dec. 21 through its MacroStrategy subsidiary Umee\'s Xu said that the recent uptick in macroeconomic conditions and crypto price stability has been troublesome for options trading. "If you\'re an options trader, not a lot of volatility," Xu said. "Whenever there\'s any price movements, they\'re not going to be sustained long enough form some notable trend. "It\'s just not the best time for investing in crypto assets," he added. Biggest Gainers There are no gainers in CoinDesk 20 today. Biggest Losers Asset Ticker Returns DACS Sector Solana SOL −11.7% Smart Contract Platform Terra LUNA −6.5% Smart Contract Platform Loopring LRC −5.6% Smart Contract Platform Insights 5 Crypto Things That Riled Me Up in 2022 By George Kaloudis Enclosed are just five of the crypto-related things that got under my skin in 2022. There were far more than five, but obvious things like “the market went down” are not included because they’re not fun to write about. 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. 1. The FTX/Alameda/SBF fraud This is probably the umpteen-millionth time you have read some version of a crypto person being mad about this, but I’m still mad at FTX (for the fraud) , the reckless risk-takers (for the flexing) and many Twitter-ers (for the hero worship). I think the fraud speaks for itself. The embezzlement (or whatever it was) at FTX hurt real people. Rubbing salt in the wound: I got to ask FTX founder Sam Bankman-Fried some questions, months before his exchange collapsed, on a CoinDesk TV program , but I failed to touch on anything hard-hitting. We talked about the Super Bowl mostly. Watch: New FTX Boss Condemns Management of the Crypto Exchange During Sam Bankman-Fried\'s Tenure 2. Crypto hedge fund founders flexing My brain is raising at least two pitchforks for the folks at crypto hedge fund Three Arrows Capital (3AC) . It’s one thing to be a little annoyed with highly leveraged hedge funds (like 3AC) doing risky things in general; it’s another to be annoyed at the associated flexing (i.e., “showing off”) that took place on social media and elsewhere as highly leveraged hedge funds raked in the cash the last few years. But it was revealed during liquidation proceedings that 3AC co-founders Kyle Davies and Su Zhu paid for a $50 million superyacht with company funds all while flexing that “ 100K ETH is dust .” Calling 100,000 ether “dust” was calling $400 million “not a lot of money.” 3AC collapsed. Also, the superyacht was named: “Much Wow.” Yeah, I know. Much cringe. Read the full story here Important events. 5 p.m. HKT/SGT(9 a.m. UTC): European Central Bank M3 Money Supply (Nov. 3 months/YoY) 9:30 p.m. HKT/SGT(1:30 p.m. UTC): U.S. first-time jobless claims (Dec. 23) CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Mango Markets Exploiter Eisenberg Arrested in Puerto Rico; Galaxy Digital Gives Argo a Lifeline Avraham Eisenberg, the crypto investor whose "highly profitable trading strategy" drained DeFi trading platform Mango Markets of $110 million worth of crypto, was arrested in Puerto Rico. Plus, Galaxy will buy Argo\'s Helios facility for $65 million and provide a $35 million loan to help the miner amid restructuring. And, Sam Ewen, CoinDesk\'s SVP, head of CoinDesk Studios, cut through the Metaverse confusion to explain where the innovation stands and where it\'s going. Headlines China to Launch First National ‘Digital Asset’ Marketplace: While trading digital collectibles has been popular amongst Chinese collectors through heavily regulated marketplaces, this is the country’s first official foray into NFTs. Why Solana Was Decimated by Bankman-Fried’s Downfall: The blockchain heavily tied to the disgraced founder of FTX has been badly wounded by his unmasking. Here are the headwinds facing the formerly hot project and its SOL token. Anonymous Twitter User Leaks 3Commas API Database: The leak comes after 3Commas repeatedly told users that they had been “phished” after widespread hacks. FTX Users Sue for Priority Repayment and Damages in Bankruptcy Proceedings: The class-action lawsuit accuses the bankrupt crypto exchange\'s executives of intentionally misappropriating customer funds to fund risky strategies and their lavish lifestyles.', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin, ether and most other major cryptocurrencies spent Wednesday in the red.\nInsights:In this last week of 2022, First Mover Asia is revisiting a few of CoinDesk\'s most noteworthy columns. In his latest Crypto Long and Short newsletter, CoinDesk research analyst George Kaloudis considered five of the most annoying events and trends in 2022. Unsurprisingly, topping his list, Kaloudis wrote of his anger atFTX.\nCoinDesk Market Index (CMI)\n778.08\n−14.8▼1.9%\nBitcoin (BTC)\n$16,539\n−164.2▼1.0%\nEthereum (ETH)\n$1,189\n−22.3▼1.8%\nS&P 500 daily close\n3,783.22\n−46.0▼1.2%\nGold\n$1,812\n−2.8▼0.2%\nTreasury Yield 10 Years\n3.89%\n▲0.0\nBTC/ETH prices perCoinDesk Indices; gold is COMEX spot price. Prices as of about 4 p.m. ET\nAnother Gloomy Day for Bitcoin\nBy James Rubin\nBitcoin added another dollop of gloom to an already gloomy year on Wednesday.\nThe largest cryptocurrency by market capitalization was recently down a percentage point over the past 24 hours to about $16,500. BTC has been clinging closer to $17,000 since mid-December amid market concerns about the latest macroeconomic uncertainties and the increased likelihood of Federal Reserve continuing to raise interest rates.\nIn an interview with CoinDesk TV\'s "First Mover" program, Brent Xu, founder and CEO of cross-chain DeFi (decentralized-finance) hub Umee, said that markets seem to be destined to continue their declines well into 2023. "Markets are going to bottom out around Q2 to Q3," Xu said. "We\'re going to see another six to 12 months of negative sentiment, possibly 18 months."\nStill, he added that he expects "better developments" in the long term.\nEther was recently changing hands at just under $1,200 for a second consecutive day, off more than 2% from the day before. Other major cryptos were largely in the red amid tepid trading that is typical for most assets as a year closes.SOL, the token of the Solana blockchain, andAPT, the native cryptocurrency of the Aptos blockchain system were down more than 11% and 10%, respectively. TheCoinDesk Market Index(CDI), an index measuring cryptos\' performance, recently fell 1.86%.\nU.S. equity indexes slipped slightly as investors chew **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-12-29 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $318,865,449,900 - Hash Rate: 247871972.4067509 - Transaction Count: 265955.0 - Unique Addresses: 668338.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.28 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: FTX and Alameda Research founder Sam Bankman-Fried has spent the week on what may be a genuinely unprecedented media tour, sitting for a series of extended interviews, even in the face of his likely imminent arrest for criminal financial fraud . This 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 full newsletter here . One of those interviews, with the New York Times’ Andrew Ross Sorkin, was already scheduled before the unmasking of FTX and Alameda in November. But Bankman-Fried also sat for a surprise interview with George Stephanopoulos at ABC’s "Good Morning America." On Thursday night, he subjected himself to a sometimes hapless but undeniably intense grilling in a Twitter Space. We also got a new interview with Jen Wieczner over at New York magazine. A novice crypto enthusiast named Tiffany Wong released a prior conversation . There’s probably more to come. There’s some strategy to this. Bankman-Fried wants to tell the world his version of events, according to which FTX was brought down by the larger crypto market slump and, at worst, his inattention to detail. As I’ve detailed both in excruciating detail and in more convenient tweet form , this is disconnected from reality. Sorkin and Stephanopoulos, to their credit, didn’t appear to buy it. Meanwhile, Bankman-Fried has admitted that his legal advisers really, really wished he wasn’t doing this media tour. It’s seemingly why his prior legal team fired him as a client . It was very good advice, because he has wound up directly implicating himself in a variety of ways. See also: What a Securities Lawyer Would Ask FTX's Bankman-Fried | Opinion SBF has repeatedly seemed to admit to, or come close to admitting to, specific corrupt practices at FTX and Alameda. Some of these were previously either contained only in dry legal documents or just merely suspected. These statements – in his own words, and on the public record ­– could prove extremely harmful to him in a courtroom. Story continues A few highlights in brief: Though couched in obfuscated language full of strategic omissions, Bankman-Fried has effectively admitted to commingling funds between Alameda and FTX, under admirably sustained questioning from both Sorkin and Stephanopoulos. In the interview with Wieczner, Bankman-Fried effectively admitted to Alameda’s special exemption from margin rules . Bloomberg’s Matt Levine unpacks this in depth here . In the Twitter Spaces event on Thursday, Bankman-Fried seemed to admit that when some customers bought bitcoin on FTX, the exchange never actually purchased and held the BTC. That is, FTX was selling so-called “paper bitcoin” that appeared as BTC balances on the exchange but that was unbacked by any real tokens on the Bitcoin blockchain. And these are just examples: There’s almost certainly a lot more in there to be unpacked. Bankman-Fried may think he’s insulating himself by couching these admissions with caveats like “I believe” and “that’s my impression.” But given he was the CEO, with ultimate oversight responsibility, these hedges may not accomplish much in court. So why? There are a few ways to explain the incredible overexposure that Sam Bankman-Fried has thirstily pursued in recent days. The most obvious is that, while Bankman-Fried is defying whatever legal and PR advisers he can still afford to pay, he is nonetheless pursuing a “strategy” of his own devising. Despite the admissions above, he is advancing an obfuscated version of events according to which he was hapless, distracted and not really in charge of anything going on at FTX. In effect, he is building the foundation for a criminal defense in which he would be portrayed as incompetent, but not criminal, with Alameda Research CEO Caroline Ellison perhaps thrown under the bus in his stead. Sam isn't behaving like a renegade who is ignoring the advice of his lawyers He's behaving like he has a world class crisis management firm and legal team constructing a very specific and deliberate public narrative — punished nic (@nic__carter) December 1, 2022 Bankman-Fried’s self-presentation in these interviews seem almost tailored to buttress the impression of ineptitude and distraction. In his conversation with Sorkin, Bankman-Fried jittered nervously. With Stephanopoulos, SBF avoided eye contact and hunched into himself meekly, like a naughty child begging forgiveness of an indulgent parent. Such body language could certainly be coached. But this approach – what you might call the “smol bean defense” – recently failed Theranos fraudster Elizabeth Holmes, who is on her way to federal prison. But the more interesting and likely theory is that there is no strategy here at all – just a cornered man following his worst instincts into some very bad decisions. Dan Primack at Axios floated the idea that Bankman-Fried is simply feeling lonely and isolated, is psychologically incapable of handling that and is turning to journalists as surrogate friends. Few thoughts after the @SBF_FTX media tour: 1/ He's obviously doing this in large part to save his reputation, but also perhaps a bit because he's lonely and reporters will talk to him (his recent letter to ftx employees hints at how he feels he lost his friends and "family") — Dan Primack (@danprimack) December 1, 2022 CoinDesk podcast host Nathaniel Whittemore did some similar psychologizing, positing that Bankman-Fried was suffering from “congenital main character syndrome.” Bankman-Fried has spent the past two to three years at the center of public attention and praise, and, the theory goes, that’s very hard to give up. See also: Let's Talk About the New York Times' 'Puff Piece' on SBF In other words, Sam Bankman-Fried is just frantically licking up the final bitter dregs of public attention he can get, as he contemplates the ignominious end of his brief time at the top. The legal risk may feel insignificant, weighed against the chance for one final, intoxicating turn in the spotlight.... - 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:** ["Jazz Pharmaceuticals plc (NASDAQ: JAZZ ) Q3 2022 Earnings Call Transcript November 9, 2022 Jazz Pharmaceuticals plc beats earnings expectations. Reported EPS is $5.17, expectations were $4.66. Operator: Good day, and thank you for standing by. Welcome to the Q3 2022 Jazz Pharmaceuticals Earnings Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. I would now like to hand the conference over to your speaker today, Andrea Flynn, Vice President, Vice President of Investor Relations. Please go ahead. Photo by Towfiqu barbhuiya on Unsplash Andrea Flynn: Thank you, operator and good afternoon, everyone. Today, Jazz Pharmaceuticals reported its third quarter 2022 financial results. The slide presentation accompanying this webcast is available on the Investors section of our website. Investors may also refer to the press release we issued earlier today, which is also posted to our website. On the call today are Bruce Cozadd, Chairman, and Chief Executive Officer; Renée Galá, Executive Vice President and Chief Financial Officer; Dan Swisher, President and Chief Operating Officer; and Rob Iannone, Executive Vice President, Global Head of R&D. Kim Sablich, Executive Vice President and General Manager, US, will join the team for Q&A. On slide two, I'll remind you that today's webcast includes forward-looking statements such as those related to our future financial and operating results, including expectations related to Vision 2025 and our guidance for 2022, growth potential and anticipated development programs and pipeline, regulatory activities and commercialization milestones, goals and expected timing, and statements with respect to our licensing agreement for Zanidatamab that is subject to closing condition, which involve risks and uncertainties that could cause actual events, performance, and results to differ materially from those contained in these forward-looking statements. Story continues We encourage you to review the statements contained in today's press release, in our slide deck, and in our latest SEC disclosure document, which identify certain factors that may cause the company's actual events, performance, and results to differ materially from those contained in the forward-looking statements made on today's webcast. We undertake no duty or obligation to update our forward-looking statements. Turning to slide three, on this webcast, we'll discuss non-GAAP financial measures. Reconciliations of GAAP to non-GAAP financial measures are included in today's press release and in the slide presentation available on the Investors section of our website. I'll now turn the call over to Bruce. Bruce Cozadd: Thank you, Andrea. Good afternoon, everyone, and thanks for joining us today. I'll start on slide five. In the third quarter, strong operational performance across all areas of our business enables us to deliver significant year-over-year top and bottom-line growth for the quarter, building on a productive first half of the year. I'm pleased to report that based on our performance through the first three quarters of 2022, we are raising the midpoint of our full year revenue guidance, reflecting increases in the guidance midpoints of both our neurology and oncology net sales projections. Renée will discuss these and other updates to our guidance later in the call. Our commercial business continues to execute well. In our neuroscience franchise, we are seeing compelling adoption of Xywav in both narcolepsy and idiopathic hypersomnia, or IH, and we're pleased to have achieved another important milestone. Exiting October 2022, there are now more narcolepsy patients taking Xywav than Xyrem. Looking ahead, we remain confident in the durability of Xywav as a core component of our commercial portfolio. For Epidiolex, we are seeing growth driven by underlying demand. And recently, we completed the pricing and reimbursement process in France, paving the way for commercial launch in this key European market. We believe Epidiolex can become a cornerstone of treatment for refractory seizures and remain confident in Epidiolex's potential to achieve blockbuster status. Moving to oncology. Zepzelca is established as the treatment of choice in second-line small cell lung cancer. Our ongoing clinical development efforts are focused on expanding within that indication as well as looking to address additional patient populations who may benefit from therapy. Rylaze had another strong quarter, as momentum with prescribers has continued. Rylaze remains the only therapy available to patients in the US who experience a hypersensitivity reaction to E. coli-derived asparaginase. Dan will provide a detailed overview of our performance across the commercial portfolio later in the call. Our pipeline efforts were productive again this quarter, with multiple clinical trial starts. We enrolled the first patient in our Phase 1 trial evaluating JZP815, our pan-RAF inhibitor for the treatment of solid tumors that contain mutations in the MAPK pathway. We initiated a Phase 2 trial for suvecaltamide in Parkinson's disease tremor, which complements our ongoing Phase 2b trial in essential tremor. And for Epidiolex, we initiated our Phase 3 trial evaluating Epidiolex in patients with epilepsy with myoclonic atonic seizures, or EMAS, as well as enrolled the first patient in our pivotal trial in Japan. And just last month, we announced a licensing agreement to further expand our late-stage pipeline as part of our agreement with Zymeworks to acquire development and commercialization rights to zanidatamab, a novel HER2-targeted bispecific antibody in the US, Europe, Japan and other markets. Rob will provide additional comments on our pipeline programs in progress, including zanidatamab later in the call. Turning to slide six. Vision 2025 includes three components central to driving sustainable growth and enhanced value as we transform our company; commercial, pipeline and operational excellence. Starting with commercial, we're positioned to grow revenue to $5 billion in 2025 through a combination of existing products, potential new therapies emerging from our pipeline and corporate development. Our R&D organization is advancing key programs, addressing significant patient needs in neuroscience and oncology and we anticipate delivering at least five novel product approvals by the end of the decade through a combination of existing pipeline programs and corporate development. The zanidatamab transaction is an example of a corporate development initiative that could contribute to both our commercial and pipeline objectives. And on operational excellence, our 2021 adjusted operating margin was 43% and we plan to improve that by 5 percentage points from 2021 to 2025, delivering more of our top line through to the bottom line. With Vision 2025 as our road map, we continue to transform our business and operating model to ensure we have the appropriate structure in place to scale, while continuing to invest in our business in order to meet our goals. We believe our accomplishments in the third quarter position us for a strong ending to the year, entering 2023 with considerable momentum across the business and well positioned to achieve Vision 2025. I'll now turn the call over to Dan to review our third quarter commercial performance, after which Rob will share an update on the progress of our R&D programs. Renée will provide a financial overview, including corporate development update, and then we'll open the call up for Q&A. Dan? Dan Swisher: Thanks, Bruce. I'm excited about the progress we've made on the commercial portfolio and pleased to report on our strong third quarter performance. Starting with neuroscience on slide eight. We are maintaining positive momentum for our oxybate franchise. With Xywav, we have meaningfully advanced patient care with a lower sodium oxybate product. In the third quarter, average active oxybate patients increased to approximately 17,600 and representing growth of approximately 10% compared to the same period last year. There were approximately 9,500 active Xywav patients exiting the quarter resulting from strong adoption in both narcolepsy and IH. We continue to see strong uptake of Xywav for narcolepsy in the third quarter and we exited the quarter with approximately 8,050 narcolepsy patients taking Xywav. As Bruce mentioned, we've reached an important milestone with more narcolepsy patients taking Xywav and Xyrem. In addition to continued adoption of Xywav among current Xyrem patients, the large majority of new to oxybate narcolepsy patients are being prescribed Xywav. We expect that trend to continue as our educational efforts around the benefits of lower sodium oxybate are resonating with prescribers and patients. With continued strong adoption in IH, we have a substantial growth opportunity. There is a high level of engagement and receptivity in the market for a new IH therapy. We have secured reimbursement on par with narcolepsy \x80\x93 and importantly, we continue to grow the IH prescriber base. As physicians gain experience prescribing Xywav for IH and they have the opportunity to observe its clinical benefits within their own practices, we are seeing increased enthusiasm for identifying appropriate patients and initiating therapy. Exiting in the third quarter, there were approximately 1,450 IH patients taking Xywav, and we're focused on educating prescribers about IH diagnosis and patient identification. Xywav is the first and only FDA-approved therapy for IH and we are confident in our ability to maximize its potential in this underserved market. We expect that Xywav will be the oxybate of choice in 2023, even as authorized generics enter the market and as branded competition potentially becomes available. Xywav is the only lower sodium oxybate and is the only oxybate approved for both narcolepsy and IH. We have confidence **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-12-30 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $318,467,273,575 - Hash Rate: 277757245.6756499 - Transaction Count: 291015.0 - Unique Addresses: 726125.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.28 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Tom Lee was formerly JPMorgan's chief equity strategist. Brendan McDermid/Reuters There's still hope for the crypto industry despite FTX's collapse, said Fundstrat's Tom Lee. Its crash flushes out bad actors, he said, adding bitcoin has historically delivered good returns. Strong crypto firms will emerge from the turmoil like some banks did after the 2008 crisis, he said. There's still hope for the crypto industry despite FTX's implosion, and bitcoin continues to make sense for some investors, according to Fundstrat's Tom Lee. In a Friday interview with CNBC , Lee likened this year's bear run in virtual currencies to the 2017-2018 sell-off from which they rebounded in the following years. He stayed bullish on a wobbly crypto sector for two reasons — the FTX blowout is potentially beneficial because it flushes out bad actors, while history shows bitcoin has delivered good returns, according to him. "It's an important moment for the industry. I think it is cleaning a lot of and cleansing a lot of bad players. But do I think crypto is dead? No, I think there's a lot of people throwing gasoline in a crowded theatre and yelling fire, and it's just going to be important for those who really like what decentralization and bitcoin are doing," Lee said. He added that strong crypto companies that emerge from FTX's collapse will be similar to those the banks that survived the 2008 financial crisis, like JP Morgan. "The mistake was to say that banks were untouchable and that's what happened with crypto now," Lee said. FTX filed for Chapter 11 bankruptcy recently, saying its CEO Sam Bankman-Fried had resigned. It's eye-popping collapse , triggered by a severe liquidity crunch, rocked crypto markets and wreaked havoc among other digital-asset firms such as BlockFi and Genesis Trading. But according to Lee, there are still many crypto companies with good balance sheets, especially those that built their business around bitcoin. He acknowledged the pressure on the crypto industry, saying it's been a "terrible year" for the sector. Such damage to the digital-asset industry comes as the Federal Reserve ramps up its fight against inflation by aggressively raising interest rates. That sparked a crypto crash earlier this year as investor appetite for high-risk assets waned. Story continues "It's been a horrific year for crypto. Nobody has made money in crypto in 2022," Lee said. But that's no reason to lose confidence in bitcoin, he continued, adding that he's still advising clients to buy the token. "We first read about bitcoin in 2017, and we recommended people put 1% of their funds into bitcoin at the time. Bitcoin was under $1,000. That holding today would be 40% of their portfolio without rebalance," Lee said. Bitcoin fell 2.11% at last check Monday to trade around$16,200, per CoinMarketCap . "So, does bitcoin still make sense for someone who wants to sort of have some sort of ballast? Yes," he added. Read the original article on Business Insider... - Reddit Posts (Sample): [['u/OpticallyMosache', 'Do you become numb and just stick to DCA?', 36, '2022-12-30 00:06', 'https://www.reddit.com/r/CryptoCurrency/comments/zyjjgd/do_you_become_numb_and_just_stick_to_dca/', "Is the best advice for the common crypto folk, to just ignore any emotional reaction to the markets and continue to dollar cost average? I've been torn on the DCA part because so many people advise keeping max dry powder for the eventual drop lower.\n\nWith the start of a new year on the horizon, I want to outline my budget and plan for purchasing crypto. It seems like it would be easier to remain emotionless, if I simply stick to a weekly fixed dollar purchase. The other option would be to deposit the weekly allowance but not purchase anything until a set date. Maybe decide to only buy after big red days.\n\nThe only thing I'm certain of is that my purchases will strictly be Bitcoin and Ethereum. I'm only able to maintain by emotionless demeanor by holding the least risky and most likely to hit new ATH coins.", 'https://www.reddit.com/r/CryptoCurrency/comments/zyjjgd/do_you_become_numb_and_just_stick_to_dca/', 'zyjjgd', [['u/TruthSeeekeer', 45, '2022-12-30 00:13', 'https://www.reddit.com/r/CryptoCurrency/comments/zyjjgd/do_you_become_numb_and_just_stick_to_dca/j267bso/', 'My friends call me stupid for DCAing. \n\nYet when the market drops, they never have the balls to invest because “what if it goes lower”. \n\nDCA removes all that stress for me.', 'zyjjgd'], ['u/o_LUCIFER_o', 12, '2022-12-30 02:57', 'https://www.reddit.com/r/CryptoCurrency/comments/zyjjgd/do_you_become_numb_and_just_stick_to_dca/j26ueig/', 'DCA in works best combined with DCA out. Never hesitate to take profits in bull runs.', 'zyjjgd'], ['u/LevelTwoData', 14, '2022-12-30 06:27', 'https://www.reddit.com/r/CryptoCurrency/comments/zyjjgd/do_you_become_numb_and_just_stick_to_dca/j27l3wd/', "DCA without a plan is dumb. Pull up the 200 week moving average. If you DCA'd BTC the last 5 years, you'd be underwater.\n\nDCA or lump sum UNDER the 200 week SMA? That's probably a good idea. That's what I mean about having a larger DCA strategy instead of blindly DCA'ing.\n\nPeople always think about DCA IN, but never OUT.\n\n\nPrice approaching previous ATH or level of major resistance? Probably a good idea to start DCA'ing out to take some off the table.", 'zyjjgd']]], ['u/OpticallyMosache', 'Bitcoin dominance at 42.24% - Highest since August 3rd as predicted by Benjamin Cowen', 508, '2022-12-30 00:16', 'https://www.reddit.com/r/CryptoCurrency/comments/zyjsp0/bitcoin_dominance_at_4224_highest_since_august/', 'Benjamin Cowen of Into The Cryptoverse, insists that altcoins will continue to bleed against Bitcoin in 2023. He regularly says "you don\'t know what a cheap altcoin is if you joined crypto in the recent bull market". His advice has been to stay in cash and he\'s been advising this since the start of the year.\n\nHe\'s recently been mocked for his prediction that Bitcoin\'s dominance was going to continue to climb. I will admit he\'s been saying this for awhile but it seems he\'s likely going to be proven correct? Just because an altcoin dropped 80%, doesn\'t mean it can\'t drop another 80%.\n\nIn appreciation of Ben, he does say he\'s sharing the lessons he learned from previous bear markets. In the past, he was too quickly to deploy capital into altcoins. The best buy to make, if any, is Bitcoin. Bitcoin will likely not fall as drastically from here like altcoins will. Also, Bitcoin will most likely lead the initial market recovery.', 'https://www.reddit.com/r/CryptoCurrency/comments/zyjsp0/bitcoin_dominance_at_4224_highest_since_august/', 'zyjsp0', [['u/ahabraken', 113, '2022-12-30 00:21', 'https://www.reddit.com/r/CryptoCurrency/comments/zyjsp0/bitcoin_dominance_at_4224_highest_since_august/j268kn0/', "Ben is the only guy I trust on YouTube. That's also because he admits that what's he's doing is dubious speculation. He knows and tell his audience that every model is wrong but some are useful. He tries to use past experiences to make sense of it all but it's all very dubious...", 'zyjsp0'], ['u/coinsRus-2021', 252, '2022-12-30 00:25', 'https://www.reddit.com/r/CryptoCurrency/comments/zyjsp0/bitcoin_dominance_at_4224_highest_since_august/j2693qa/', "Benjamin Cowen at least tries. But I'm out on him and all other crypto influencers.", 'zyjsp0'], ['u/meeleen223', 76, '2022-12-30 00:25', 'https://www.reddit.com/r/CryptoCurrency/comments/zyjsp0/bitcoin_dominance_at_4224_highest_since_august/j2694i3/', "Ben's hairline at 42.24% dominance too", 'zyjsp0'], ['u/aoc_ftw', 10, '2022-12-30 00:33', 'https://www.reddit.com/r/CryptoCurrency/comments/zyjsp0/bitcoin_dominance_at_4224_highest_since_august/j26a9dy/', "Stablecoins being included in the ratio just seems wrong to me. They shouldn't be", 'zyjsp0'], ['u/Professoring8008s', 15, '2022-12-30 00:34', 'https://www.reddit.com/r/CryptoCurrency/comments/zyjsp0/bitcoin_dominance_at_4224_highest_since_august/j26aeyn/', 'Exactly. It is still educated guesses at the end of the day, but he is a pretty savvy dude and it seems like he tries not to screw over the average crypto degen', 'zyjsp0'], ['u/z0uNdz', 21, '2022-12-30 00:36', 'https://www.reddit.com/r/CryptoCurrency/comments/zyjsp0/bitcoin_dominance_at_4224_highest_since_august/j26asn0/', 'Some guy predicted 30 things and 1 of them came true. Doesn’t make him intelligent.', 'zyjsp0'], ['u/OpticallyMosache', 17, '2022-12-30 00:39', 'https://www.reddit.com/r/CryptoCurrency/comments/zyjsp0/bitcoin_dominance_at_4224_highest_since_august/j26b744/', "I've come to the same conclusion about Ben. He's also the only popular channel that didn't promote lending platforms or exchanges. He kept his wits about him and remained logical.", 'zyjsp0'], ['u/lordchickenburger', 29, '2022-12-30 00:41', 'https://www.reddit.com/r/CryptoCurrency/comments/zyjsp0/bitcoin_dominance_at_4224_highest_since_august/j26bins/', 'he is sometimes right sometimes wrong. just like everyone else. Only stupid people follow him blindly and pay for his "services"', 'zyjsp0'], ['u/Suspicious-Ad7208', 59, '2022-12-30 00:42', 'https://www.reddit.com/r/CryptoCurrency/comments/zyjsp0/bitcoin_dominance_at_4224_highest_since_august/j26bjqn/', "I like him and he was never a moonboy, but he was also predicting extended super cycles during the bull run and $10 ada. \n\n bitcoin dominance isn't exactly a bold prediction, especially in the last year. That said, he was also been more conservative vs most others during all the hype, so I haven't ruled him out yet.", 'zyjsp0'], ['u/milonuttigrain', 19, '2022-12-30 00:47', 'https://www.reddit.com/r/CryptoCurrency/comments/zyjsp0/bitcoin_dominance_at_4224_highest_since_august/j26cd2g/', 'His specialty is dubious speculation. Still better than most of the Crypto Twitter cesspool however.\n\nI’d listen to some general free updates but I will never pay for his premium list.', 'zyjsp0'], ['u/astockstonk', 19, '2022-12-30 00:48', 'https://www.reddit.com/r/CryptoCurrency/comments/zyjsp0/bitcoin_dominance_at_4224_highest_since_august/j26ch8z/', 'Bitcoin dominance on the rise. The fact that it is still so low means that we still have a ways to go and altcoins will continue to get rekt in this bear market. \n\nAltseason will one day be back. But it is not today.\n\nBear markets are for Bitcoin.', 'zyjsp0'], ['u/MrMooooody', 19, '2022-12-30 00:54', 'https://www.reddit.com/r/CryptoCurrency/comments/zyjsp0/bitcoin_dominance_at_4224_highest_since_august/j26dd14/', 'He also clearly stated in a video last year that he thought btc would go to 100k but earlier this year he mentioned in a video that he was always dubious of btc going to 100k. After that I lost some respect for him', 'zyjsp0'], ['u/milonuttigrain', 35, '2022-12-30 00:56', 'https://www.reddit.com/r/CryptoCurrency/comments/zyjsp0/bitcoin_dominance_at_4224_highest_since_august/j26dms6/', 'At least he tries, and doesn’t shill “low cap high potential” shitcoins.', 'zyjsp0'], ['u/cryptometav', 22, '2022-12-30 00:58', 'https://www.reddit.com/r/CryptoCurrency/comments/zyjsp0/bitcoin_dominance_at_4224_highest_since_august/j26dweo/', "He always said he didn't think it would happen in 2021, and that the earliest it would happen is 2023. However the macro environment changed things.", 'zyjsp0'], ['u/mwrddt', 10, '2022-12-30 01:09', 'https://www.reddit.com/r/CryptoCurrency/comments/zyjsp0/bitcoin_dominance_at_4224_highest_since_august/j26fild/', 'His lengthening cycles prediction probably burned the most amount of people and would be my guess.', 'zyjsp0'], ['u/Baecchus', 14, '2022-12-30 01:11', 'https://www.reddit.com/r/CryptoCurrency/comments/zyjsp0/bitcoin_dominance_at_4224_highest_since_august/j26frhq/', "This comment section looks the same as Ben Cowen's. People are mad that he's been shitting on alts all year and he was spot on. Tough pill to swallow I guess.", 'zyjsp0'], ['u/Baecchus', 10, '2022-12-30 01:12', 'https://www.reddit.com/r/CryptoCurrency/comments/zyjsp0/bitcoin_dominance_at_4224_highest_since_august/j26fwml/', 'Ben Cowen is one of the few who rarely ever predicts anything, if at all. All you get is data and you are told to make your own mind about it.', 'zyjsp0'], ['u/Baecchus', 13, '2022-12-30 01:14', 'https://www.reddit.com/r/CryptoCurrency/comments/zyjsp0/bitcoin_dominance_at_4224_highest_since_august/j26g8g3/', "What predictions? I've been watching him for quite a while and I don't remember him making a single prediction other than saying some very surface level stuff is more likely than not.\n\nWhat are those predictions he constantly keeps reminding people about? Curious to hear it.", 'zyjsp0'], ['u/Baecchus', 27, '2022-12-30 01:16', 'https://www.reddit.com/r/CryptoCurrency/comments/zyjsp0/bitcoin_dominance_at_4224_highest_since_august/j26gfhr/', "He was wrong about extended cycles and he owned up to it like a man. He re-evaluated his stance and he's been spot on this year. I started respecting him way more after ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Nuthawut Somsuk/Getty Images The Federal Reserve\'s interest rate hikes spooked investors away from speculative bets like crypto in 2022. The industry endured a series of collapses, including FTX, algorithmic stablecoin UST, and centralized lender Celsius. Despite market doldrums, Wall Street giants like BlackRock inked majors crypto-related deals. Crypto endured major blows this year as the industry\'s market cap sits more than two-thirds below its record high. The nascent space took hits from a harsh macroeconomic environment, a slew of bankruptcy filings and criminal charges against top crypto executives. Yet despite declines of over 60% for bitcoin and ether in 2022, venture funding continued to funnel into the space while major traditional financial institutions inked partnerships and expanded crypto-related offerings. Insider spoke with several crypto experts and charted the most influential events for the industry in 2022. January and February Non-fungible tokens, or NFTs, seemed all the rage in the beginning of 2022, especially after dictionary publisher Collins anointed the phrase as its "Word of the Year" in 2021. NFT monthly trading volumes peaked at $17 billion in January, according to Dune Analytics. Popular collections, often called "blue-chip" projects, were selling for millions. Singer Justin Bieber even bought a Bored Ape Yacht Club NFT for $1.3 million. Then NFT trading volumes began to decline in February, a month that also saw Sotheby\'s cancel a live auction of 104 CryptoPunks NFTs valued between $20 million to $30 million due to lack of interest. Some say this signaled the end of the NFT hype. March The macro backdrop began to worsen in March, when the Fed announced its first rate hike in years to combat decades-high inflation. Investors turned away from speculative bets like cryptocurrencies, causing a further decline in token prices. Bitcoin\'s reputation as an inflation hedge was called into question as the cryptocurrency started to trade in tandem with tech stocks. Venture funding was still strong in the space though. Yuga Labs, creator of the Bored Ape Yacht Club NFT collection, raised $450 million in a seed round to give it a $4 billion valuation. May Amid the fifth straight month of losses in crypto markets, algorithmic stablecoin TerraUSD, or UST, lost its 1-to-1 peg to the dollar, causing mass liquidations and the eventual collapse of its $18 billion ecosystem. Many retail participants lost their life savings because they were treating UST, which was advertised as a way to park your assets and earn 20% yields, as a savings account. Story continues "This began the great unraveling of crypto in 2022 and showed that, for way many projects, the emperor had no clothes." Jeremy Epstein, CMO of blockchain startup Radix, told Insider. June and July Three Arrows Capital, the massive crypto investment firm that once reported $10 billion in assets, had exposure to UST and some reports put its exposure to sister token Luna at around $560 million. The firm filed for insolvency in June, leading to widespread contagion. Three Arrows, commonly known as 3AC, invested in crypto startups and then allowed some of their portfolio companies to store funds with them as a custodian as well. Cofounders Kyle Davies and Su Zhu \x96 both former derivatives traders for Credit Suisse \x96 were hailed by many, with 3AC even called the " adult in the room ." Also in June, crypto lender Celsius paused all withdrawals and user activity on its platform. A month later, the firm filed for bankruptcy, listing $4.31 billion in assets and $5.5 billion in liabilities. The firm couldn\'t hold to its promise of offering up to 17% annual yields to customers. In July, digital asset brokerage Voyager, which allowed users to store their digital assets on its platform, filed for bankruptcy. "Certain failures of exchanges have highlighted the risks of centralized projects and served as a reminder of the dangers of granting a single entity or organization full financial control," Daniel Kisluk, CMO of blockchain infrastructure developer Pendulum, told Insider. September The market then turned its attention to Ethereum\'s Merge, an upgrade that cut energy usage on the smart-contract network by more than 99%. Crypto markets had a brief uptick in September. The Merge was the third most-important event in crypto\'s history, after the invention of bitcoin and ethereum, blockchain developer Ben Edgington previously told Insider. The upgrade was "fundamentally reengineering a chain which has hundreds of billions of dollars of value so we are swapping out the engine mid-flight," he said. Also in September, BlackRock announced a partnership with Coinbase\'s institutional arm, Coinbase Prime. The world\'s largest asset manager agreed to offer clients access to Coinbase\'s crypto trading and custody services. November and December Sam Bankman-Fried\'s once-$32 billion cryptocurrency empire collapsed in November, in what US prosecutors called the "worst financial frauds in American History." The cryptocurrency exchange, along with more than 130 of its associated entities, filed for bankruptcy protection on November 11. FTX\'s asset were reportedly transferred to Bankman-Fried\'s crypto hedge fund Alameda Research, leaving an $8 billion hole on the trading titan\'s balance sheet. In December, Bankman-Fried was charged with multiple counts of fraud and released on a $250 million bail bond. FTX cofounder Gary Wang and Alameda Research CEO Caroline Ellison were charged with defrauding investors and are reportedly working with authorities. Pendulum\'s Kisluk said that while 2022\'s numerous failures hurt confidence in crypto, the resulting bear market also represented an opportunity for the industry to "focus on creating and maximizing value for users, rather than on valuations" and shift toward decentralized finance and infrastructure projects. Radix\'s Epstein warned the industry must brace for more FTX contagion, but predicted crypto markets will rebound eventually. "Ultimately, this year will be remembered as the year that, with great pain and discomfort we purged the toxic elements, preparing for healthier days ahead," the exec said. Read the original article on Business Insider View comments', '• The Federal Reserve\'s interest rate hikes spooked investors away from speculative bets like crypto in 2022.\n• The industry endured a series of collapses, including FTX, algorithmic stablecoin UST, and centralized lender Celsius.\n• Despite market doldrums, Wall Street giants like BlackRock inked majors crypto-related deals.\nCrypto endured major blows this year as the industry\'s market cap sits more than two-thirds below its record high. The nascent space took hits from a harsh macroeconomic environment, a slew of bankruptcy filings and criminal charges against top crypto executives.\nYet despite declines of over 60% for bitcoin and ether in 2022, venture funding continued to funnel into the space while major traditional financial institutions inked partnerships and expanded crypto-related offerings.\nInsider spoke with several crypto experts and charted the most influential events for the industry in 2022.\nJanuary and February\nNon-fungible tokens, or NFTs, seemed all the rage in the beginning of 2022, especially after dictionary publisher Collins anointed the phrase as its "Word of the Year" in 2021. NFT monthly trading volumespeakedat $17 billion in January, according to Dune Analytics.\nPopular collections, often called "blue-chip" projects, were selling for millions. Singer Justin Bieber evenboughta Bored Ape Yacht Club NFT for $1.3 million.\nThen NFT trading volumes began to decline in February, a month that also saw Sotheby\'s cancel a live auction of 104 CryptoPunks NFTs valued between $20 million to $30 million due to lack of interest. Some say this signaled the end of the NFT hype.\nMarch\nThe macro backdrop began to worsen in March, when the Fed announced its first rate hike in years to combat decades-high inflation.\nInvestors turned away from speculative bets like cryptocurrencies, causing a further decline in token prices. Bitcoin\'s reputation as an inflation hedge was called into question as the cryptocurrency started to trade in tandem with tech stocks.\nVenture funding was still strong in the space though. Yuga Labs, creator of the Bored Ape Yacht Club NFT collection,raised$450 million in a seed round to give it a $4 billion valuation.\nMay\nAmid the fifth straight month of losses in crypto markets, algorithmic stablecoin TerraUSD, or UST, lost its 1-to-1 peg to the dollar, causing mass liquidations and the eventual collapse of its $18 billion ecosystem.\nMany retail participantslosttheir life savings because they were treating UST, which was advertised as a way to park your assets and earn 20% yields, as a savings account.\n"This began the great unraveling of crypto in 2022 and showed that, for way many projects, the emperor had no clothes." Jeremy Epstein, CMO of blockchain startup Radix, told Insider.\nJune and July\nThree Arrows Capital, the massive crypto investment firm that once reported $10 billion in assets, had exposure to UST and somereportsput its exposure to sister token Luna at around $560 million. The firm filed for insolvency in June, leading to widespread contagion.\nThree Arrows, commonly known as 3AC, invested in crypto startups and then allowed some of their portfolio companies to store funds with them as a custodian as well. Cofounders Kyle Davies and Su Zhu – both former derivatives traders for Credit Suisse – were hailed by many, with 3AC even called the "adult in the room."\nAlso in June, crypto lender Celsius paused all withdrawals and user activity on its platform. A month later, the firm filed for bankruptcy, listing $4.31 billion in assets and $5.5 billion in liabilities. The firm couldn\'t hold to its promise of offering up to 17% annual yields to customers.\nIn July, digital asset brokerage Vo **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2022-12-31 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $318,884,101,050 - Hash Rate: 274241331.1734265 - Transaction Count: 242325.0 - Unique Addresses: 618594.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.25 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: * Asian stock markets : https://tmsnrt.rs/2zpUAr4 * Fed's Waller plays down CPI as just one number * Beijing lays out property support, COVID steps * Biden to meet Xi at G20 meeting By Wayne Cole SYDNEY, Nov 14 (Reuters) - Asian share markets were taking a breather on Monday after last week's sweeping rally as a top U.S. central banker warned investors against getting carried away over one inflation number, nudging up bond yields and the dollar. A modest miss on U.S. inflation was enough to see two-year Treasury yields dive 33 basis points for the week and the dollar lose almost 4%, the fourth biggest weekly decline since the era of free-floating exchange rates began over 50 years ago. However, the resulting easing in U.S. financial conditions was not entirely welcomed by the Federal Reserve with Governor Christopher Waller saying it would take a string of soft reports for the bank to take its foot off the brakes. Waller added the markets were well ahead of themselves on just one inflation print, though he did concede the Fed could now start thinking about hiking at a slower pace. Futures are wagering heavily on a half-point rate rise to 4.25-4.5% in December and then a couple of quarter-point moves to a peak in the 4.75-5.0% range. "The CPI downside surprise aligns with a broad range of indicators pointing to a downshift in global inflation that should encourage a moderation in the pace of monetary policy tightening at the Fed and elsewhere," said Bruce Kasman, head of economic research at JPMorgan. "This positive message needs be tempered by the recognition that downshift in inflation will be too little for central banks to declare mission-accomplished, and more tightening is likely on the way." MSCI's broadest index of Asia-Pacific shares outside Japan added 0.2%, after jumping 7.7% last week. Japan's Nikkei was flat, while South Korea firmed 0.3%. S&P 500 futures dipped 0.2%, while Nasdaq futures lost 0.3%. EYES ON CHINA Dealers were also waiting to see if Chinese stocks could extend their big rally amid reports regulators have asked financial institutions to extend more support to stressed property developers. Blue chips climbed on Friday helped by a slew of changes to China's COVID curbs, even as the country reported more cases over the weekend. "It's hard to see how the case news is anything but negative from an economic standpoint, but it's the symbolism of the movement, however small, in the zero COVID strategy that markets are happily latching onto," said Ray Attrill, head of FX strategy at NAB. Story continues U.S. President Joe Biden will meet Chinese leader Xi Jinping in person on Monday for the first time since taking office, with U.S. concerns over Taiwan, Russia's war in Ukraine and North Korea's nuclear ambitions on top of his agenda. The news on COVID rules had stoked a short-covering bounce in the yuan last week, which added to broad pressure on the dollar as yields dived. The dollar regained a little ground early on Monday as its index added 0.4% to 106.870, but remained well short of last week's 111.280 top. The euro eased a touch to $1.0324, after climbing 3.9% last week, while the dollar firmed to 139.77 yen following last week's 5.4% drubbing. The dollar lost almost as much to the Swiss franc, steered in part by warnings from the Swiss National Bank that it would use rates and currency purchases to tame inflation. Sterling eased back to $1.1790 ahead of the UK Chancellor's Autumn Statement on Thursday where he is expected to set out tax rises and spending cuts. Crypto currencies remained under pressure as at least $1 billion of customer funds were reported to have vanished from collapsed crypto exchange FTX. Bitcoin was trading down 2.4% at $16,386, having shed almost 22% last week. The dollar's recent retreat provided a much-needed fillip to commodities, with gold up at $1,768 an ounce after jumping over $100 last week. Oil futures extended their gains with Brent up 86 cents at $96.85, while U.S. crude rose 80 cents to $89.76 per barrel. (Reporting by Wayne Cole; Editing by Shri Navaratnam) 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:** ['Jeremy Grantham. Matthew Lloyd/Getty Images Jeremy Grantham flagged a "superbubble" in asset prices and warned of an epic market crash last year. The GMO cofounder and market historian also panned bitcoin and predicted a global housing slump. Here are Grantham\'s 8 best quotes of 2022. Legendary investor Jeremy Grantham rattled Wall Street last year by sounding the alarm on a "superbubble" in asset prices, and predicting it would end with an epic market crash. The market historian and GMO cofounder also trashed bitcoin, warned of a global slump in house prices, and urged investors not to be fooled by short-lived rallies. Here are Grantham\'s 8 best quotes of 2022, lightly edited for length and clarity: 1. "Most of the superbubbles go below trend and stay there for quite a while. This time, trend is at most 2,500. It will be hard to prevent the market from declining to that level." ( January 26 ) (Grantham\'s S&P 500 forecast suggests the benchmark stock index could plunge another 34% from its current level of around 3,800 points.) 2. "We have a market today which feels superficially like 2000, and I think it\'s going to play out initially like 2000. Then the deflationary effects on the economy and the stock market will result in a world rather like the 1970s, where all assets are simply much lower priced than they are today." ( May 9 ) 3. "We are really messing with all of the assets, and this has turned out, historically, to be very dangerous." ( May 18 ) (Grantham pointed to the soaring prices of stocks, bonds, housing, energy, metals, and food.) 4. "There\'s nothing as quick and spectacular as a bear market rally. With hindsight they signify very little, but at the time they frighten the pants off bears and they give hope that all is over, all is forgotten, and it\'s back to the races." ( July 29 ) 5. "Bitcoin is not a good reserve of value, as we\'ve seen. It\'s terrible for a currency exchange. It\'s expensive to transact, but worst of all, it is deadly to the environment. It\'s incredibly energy intensive to give you a speculative instrument to wager on, that\'s it. The fact that it takes our precious energy and has a carbon footprint is the worst crime of all, and the sooner it goes away, the better." ( July 29 ) 6. "Each cycle is different and unique — but every historical parallel suggests that the worst is yet to come." ( August 31 ) 7. "I believe the housing markets around the world will spend the next big chunk of time unraveling and causing all manner of, perhaps, unexpected problems." ( September 1 ) 8. "This is a more dangerous-looking moment in global economics than even the madness of the housing bubble of 2007. The deterioration in fundamentals on a global basis looks absolutely shocking." ( September 8 ) Story continues Read more: The world\'s top investment firms pay Rob Arnott for advice. He shares 2 trades he thinks will deliver 15% annualized returns over the next decade — and breaks down why there\'s a \'decent likelihood\' the market sees new lows. Read the original article on Business Insider View comments', '• Jeremy Grantham flagged a "superbubble" in asset prices and warned of an epic market crash last year.\n• The GMO cofounder and market historian also panned bitcoin and predicted a global housing slump.\n• Here are Grantham\'s 8 best quotes of 2022.\nLegendary investor Jeremy Grantham rattled Wall Street last year by sounding the alarm on a "superbubble" in asset prices, and predicting it would end with an epic market crash.\nThe market historian and GMO cofounder also trashed bitcoin, warned of a global slump in house prices, and urged investors not to be fooled by short-lived rallies.\n1. "Most of the superbubbles go below trend and stay there for quite a while. This time, trend is at most 2,500. It will be hard to prevent the market from declining to that level." (January 26) (Grantham\'s S&P 500 forecast suggests the benchmark stock index could plunge another 34% from its current level of around 3,800 points.)\n2. "We have a market today which feels superficially like 2000, and I think it\'s going to play out initially like 2000. Then the deflationary effects on the economy and the stock market will result in a world rather like the 1970s, where all assets are simply much lower priced than they are today." (May 9)\n3. "We are really messing with all of the assets, and this has turned out, historically, to be very dangerous." (May 18) (Grantham pointed to the soaring prices of stocks, bonds, housing, energy, metals, and food.)\n4. "There\'s nothing as quick and spectacular as a bear market rally. With hindsight they signify very little, but at the time they frighten the pants off bears and they give hope that all is over, all is forgotten, and it\'s back to the races." (July 29)\n5. "Bitcoin is not a good reserve of value, as we\'ve seen. It\'s terrible for a currency exchange. It\'s expensive to transact, but worst of all, it is deadly to the environment. It\'s incredibly energy intensive to give you a speculative instrument to wager on, that\'s it. The fact that it takes our precious energy and has a carbon footprint is the worst crime of all, and the sooner it goes away, the better." (July 29)\n6. "Each cycle is different and unique — but every historical parallel suggests that the worst is yet to come." (August 31)\n7. "I believe the housing markets around the world will spend the next big chunk of time unraveling and causing all manner of, perhaps, unexpected problems." (September 1)\n8. "This is a more dangerous-looking moment in global economics than even the madness of the housing bubble of 2007. The deterioration in fundamentals on a global basis looks absolutely shocking." (September 8)\nRead more:The world\'s top investment firms pay Rob Arnott for advice. He shares 2 trades he thinks will deliver 15% annualized returns over the next decade — and breaks down why there\'s a \'decent likelihood\' the market sees new lows.\nRead the original article onBusiness Insider', 'It was a perfect storm for bitcoin mining companies in 2022: Interest rate hikes increased the cost of capital , mining bitcoin became less profitable as hashrate stubbornly trudged upward while bitcoin\x92s price tumbled and mining companies\x92 treasury management strategies failed them. The result of the tempest shows up in the stock prices of the five biggest public miners by hashrate. In 2022, Core Scientific ($CORZ), Riot Blockchain ($RIOT), Bitfarms ($BITF), Iris Energy ($IREN), and CleanSpark ($CLSK) traded down 99%, 85%, 91%, 92% and 79%, respectively. Ouch. No, this doesn\x92t mean that Bitcoin is dead or that bitcoin (BTC) is destined for $0. I have quite literally written the opposite . It doesn\x92t even necessarily mean that the public mining companies will disappear. What it definitely does mean is that we\x92re due for ( and are in the midst of ) a bit of restructuring and strategy rationalization that will leave the mining industry better than it was before. What was wrong before? For the last few years, some miners have held onto the bitcoin they mined, opting instead to finance operations with debt and other capital. This works really well when two things hold true: The price of bitcoin is increasing, so the amount of people looking to get involved in Bitcoin for the sake of not missing out is high. The cost of capital is cheap, so the amount of people looking to get involved in Bitcoin for the sake of yield is high. And these two things were true for the last couple of years. So we had this really weird situation where bitcoin mining companies, who are in the business of mining bitcoin, weren\x92t explicitly making money by mining bitcoin. Instead, they were making money by financing the mining of bitcoin. This is a bit of an oversimplification, but really just a bit. In our theoretical world, a bitcoin mining business makes money like this: The business has bitcoin mining machines which mine bitcoin, and the business in turn exchanges a portion of that mined bitcoin to pay for the expenses needed to run the business. In our wacky world, a bitcoin mining business makes money like this: The business has bitcoin mining machines which mine bitcoin and the business in turn takes capital from the debt or equity markets to pay for the expenses needed to run the business. I\x92m not saying companies do this exactly, but there are mining companies like Marathon Digital that have stuffed all the bitcoin it has mined the last 26 months on its balance sheet , rather than selling any of it to pay for operations. Bluntly, this doesn\x92t make a shred of sense to me. I stand by the idea that businesses should strive to function as a going concern in the long run \x96 without a dependence on the capital markets \x96 and make more money than it costs to make that money. Otherwise, that business shouldn\x92t exist. Story continues So when our wacky world moves on to a place where: 1) the price of bitcoin is decreasing, 2) the cost of capital is increasing, and 3) bitcoin mining is getting more competitive, you might be in for a world of hurt. Well, all those things happened in 2022, so cue the recent news of a Core Scientific bankruptcy , a fulsome restructuring and capital infusion to save Argo from bankruptcy , and the resignation of Bitfarms\x92 CEO . So what\x92s better now? What now? We know the public mining companies are struggling, but amid all the pessimism there\x92s (of course) reason for optimism. See, in theory, mining companies will mine when it\x92s profitable and won\x92t mine when it\x92s not profitable. The mining machines these companies run can be shut off and turned on easily. But in practice, miners aren\x92t shutting down and ramping up their operations based on the everyday price movements of bitcoin or electricity. Instead, miners mine consistently through market vacillations. And because of that, there is a need to practice some sort of treasury management strategy that **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-01-01 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $318,396,261,662 - Hash Rate: 272483373.9223148 - Transaction Count: 187516.0 - Unique Addresses: 509337.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.26 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Iconic Holding GmbH FRANKFURT, Germany, Nov. 15, 2022 (GLOBE NEWSWIRE) -- The German crypto asset manager Iconic is pleased to announce the rebranding of its company, subsidiaries, and products to Deutsche Digital Assets (DDA) . The rebrand best reflects the evolution of the Frankfurt-based crypto asset manager’s vision of a digital asset future and strategic mission of driving crypto adoption. Iconic’s initial brand identity was established in 2017 as an early-stage blockchain & crypto venture capital group. Since inception, Iconic has successfully diversified and scaled its product offerings while broadening its global footprint. The new brand identity reflects the evolution of DDA’s strategic vision and impact goals, which include a digital, tokenized, and globally-inclusive financial marketplace accessible to anyone, anytime and anywhere. The DDA brand identity will become visible over the coming weeks across the firm's website, social platforms and products, representing a renewed commitment toward crypto adoption by welcoming investors into this new financial era. The rebrand effort is expected to be completed in full before the end of 2022 as the firm continues to provide investors with traditional, secure and regulated financial products as well as tailor-made crypto investment solutions. The unveiling of the new brand identity comes with product name changes as well. To help investors better navigate its product offerings, and with regulatory approval, DDA will update the titles of its Exchange Traded Products, Quantitative Solutions and Professional Investor Funds as follows: DDA Exchange Traded Products DDA Physical Bitcoin ETP - ISIN: DE000A3GK2N1 DDA Physical Ethereum ETP - ISIN: DE000A3GTML1DDA DDA Physical EOS ETP - ISIN: DE000A3GWSL2 DDA Physical ApeCoin ETP - ISIN: DE000A3GYNY2 DDA Quantitative Solutions DDA Absolute Return Multi Strategy DDA Smart Beta Diversified Strategy DDA Professional Investor Funds DDA BITA20 XA – Crypto Asset Index Fund DDA CMBI10 – Short-Term Momentum Index Fund Story continues Maximilian Lautenschläger, Managing Director and Co-founder of DDA, said, “Our new brand identity reflects our professionalism and growth over the last years. With DDA we stand by our European DNA and focus on the European market. The rebranding brings greater clarity to our full suite of investment solutions which enables investors to build stronger and more diversified investment portfolios through an allocation to digital assets. The product name change will not affect the operations, performance, tickers or cost of our products. We are excited to unveil new, innovative products and tailor-made investment solutions for primarily professional investors under the DDA brand in the new year!” Iconic will be transitioning its website to DDA, which will soon be available at www.deutschedigitalassets.com . About Deutsche Digital Assets Deutsche Digital Assets is the trusted one-stop-shop for investors seeking exposure to crypto assets. We offer a menu of crypto investment products and solutions, ranging from passive to actively managed exposure, as well as financial product white-labeling services for asset managers. We deliver excellence through familiar, trusted investment vehicles, providing investors the quality assurances they deserve from a world-class asset manager as we champion our mission of driving crypto asset adoption. DDA removes the technical risks of crypto investing by offering investors trusted and familiar means to invest in crypto at industry-leading low costs. The marriage of state-of-the-art technology, innovative investment products, and uncompromising professionalism places DDA at the vanguard of crypto asset management. Important Notices: This article represents solely a non-binding preliminary information which serves exclusively advertising purposes. It is not a prospectus in the sense of the Regulation (EU) 2017/1129(Prospectus Regulation) and the German Securities Prospectus Act (Wertpapierprospektgesetz – WpPG). It does not constitute an offer of securities for sale in the United States and the securities referred to in this notice may not be offered or sold in the United States absent registration or an exemption from registration. Risk Considerations: The price of an investment in an DDA ETP may go up or down and the investor may not get back the amount invested. The price performance of cryptocurrencies is highly volatile and unpredictable. Past performance is hence no guarantee of future performance. You agree to do your own research and due diligence before making any investment decision with respect to securities or investment opportunities discussed herein. The approval of the prospectus should not be construed as an endorsement of the securities offered or admitted to trading on a Regulated Market. These are not extensive risk considerations. Prospective investors should read the prospectus before making any investment decision in order to fully understand the potential risks and rewards of deciding to invest in the securities. The prospectus is available at https://funds.iconicholding.com/ CONTACT: Press contact: Syuzanna Avanesyan [email protected] www.iconicholding.com / www.deutschedigitalassets.com... - Reddit Posts (Sample): [['u/Luco-zozo', 'Best US Bitcoin City / State ?', 10, '2023-01-01 00:45', 'https://www.reddit.com/r/Bitcoin/comments/1006twm/best_us_bitcoin_city_state/', 'Hi everyone,\n\nApologies for my English, I’m French.\n\nI’m looking to relocate to the US from Latin America to meet fellow bitcoiners.\n\nYet I’m still not sure where I should go.\n\nI was thinking Austin, TX (austin bitcoin club, big tech oriented city), or Nashville, TN (bitcoin park, bitcoin magazine). \nHowever, I recently saw that the state of Wyoming is doing big steps towards becoming a bitcoin state.\n\nMy goal is to find bitcoiners, attend meets and stack as much as possible.\n\nSo where do you think I should move to ?\n\nNashville, Austin or another place ?\n\nThanks for helping !', 'https://www.reddit.com/r/Bitcoin/comments/1006twm/best_us_bitcoin_city_state/', '1006twm', [['u/slowerthanjoebiden', 12, '2023-01-01 02:36', 'https://www.reddit.com/r/Bitcoin/comments/1006twm/best_us_bitcoin_city_state/j2gadys/', 'Being from earth I would never consider California. It’s expensive as hell, and it’s politics are pure dog shit.', '1006twm']]], ['u/Xorglord', 'Pale Reflections: Hard Pass (3)', 23, '2023-01-01 01:49', 'https://www.reddit.com/r/Parahumans/comments/10081h5/pale_reflections_hard_pass_3/', "Happy New Year, Kennet Citizens!!\n\nPale Reflections kicks off with Hard Pass 22.5, in which Lis generously offers to not mess with the Kenneteers too much. The Kenneteers counter-offer by shooting her, and then taking two Negateers out of the picture.\n\n**Discussion Question: What animal are you most attracted to, besides humans? NO NSFW PLEASE!**\n\nYou can find the [episode here](https://www.doofmedia.com/2022/12/31/pale-reflections-hard-pass-3/).\n\nDrop some [predictions here](https://docs.google.com/forms/d/e/1FAIpQLSePIzJ3gFbvFvImeTQ58bbfbTCE_gsTgiCaeVbpW17CzyKO5A/viewform)!\n\nJoin the [Doof Discord here](https://doofmedia.com/discord)!\n\nPale Reflections is available on [iTunes](https://podcasts.apple.com/au/podcast/pale-reflections/id1447214377), [Google Play](https://podcasts.google.com/feed/aHR0cHM6Ly93d3cubWVkaWFtZHBvZGNhc3QuY29tL2ZlZWQvcG9kY2FzdC9kaXA?sa=X&ved=0CAMQ4aUDahcKEwjgo-Gwmt_uAhUAAAAAHQAAAAAQAQ&hl=en-AU), [Spotify](https://open.spotify.com/show/6q7NaQiSnoCHCjaZOSoQ85), and [Stitcher](https://www.stitcher.com/show/deep-in-pact). Please give us a rating on your preferred platform(s), it'll really help raise awareness, and bring more people in!\n\nIf you've fallen behind, here's a spreadsheet helping you track [all things Pale](https://docs.google.com/spreadsheets/d/1VS0HRcbHChh4gmL8LcL8xiIvo-nPhSgs2OGOVV3fVbo/edit#gid=0)!", 'https://www.reddit.com/r/Parahumans/comments/10081h5/pale_reflections_hard_pass_3/', '10081h5', [['u/Sengachi', 10, '2023-01-01 02:00', 'https://www.reddit.com/r/Parahumans/comments/10081h5/pale_reflections_hard_pass_3/j2g5mfv/', "DQ answer: First! The framing of the question obviously defines humans as animals, it simply marks them as a non-applicable answer for this question. So what *non-human* animal am I the most attracted to?\n\nThe answer has to be neanderthals. Obviously not to the same degree as humans, but hey, recent research indicates all humans have neanderthal DNA so they're a historically validated non-human target for human attraction.\n\nhttps://www.cnn.com/2020/01/30/africa/africa-neanderthal-dna-scn", '10081h5'], ['u/meisi1', 11, '2023-01-01 05:01', 'https://www.reddit.com/r/Parahumans/comments/10081h5/pale_reflections_hard_pass_3/j2grd5n/', 'ALTERNATE DQ (please, I’m begging you): What is your Otherverse inspired New Years Resolution? What New Years Resolutions would you suggest for people in story?', '10081h5']]], ['u/desert_biker', 'Biggest criticisms of bitcoin', 13, '2023-01-01 04:02', 'https://www.reddit.com/r/Bitcoin/comments/100aeon/biggest_criticisms_of_bitcoin/', "Hi all,\n\nIs there a book (or series of blogs) that presents some serious arguments against the viability of bitcoin as a currency or store of value?\n\nI'm familiar with most criticisms thrown around (like carbon emissions from mining, and the fear around illegal activity). I'm looking for issues I haven't read about so far. For instance, have people raised any potential obstacles in the path toward full adoption? Are there any sectors of society that would be negatively affected by a decentralized currency with a capped supply? ...\n\nThanks.", 'https://www.reddit.com/r/Bitcoin/comments/100aeon/biggest_criticisms_of_bitcoin/', '100aeon', [['u/SmoothGoing', 12, '2023-01-01 04:06', 'https://www.reddit.com/r/Bitcoin/comments/100aeon/biggest_criticisms_of_bitcoin/j2glae2/', "Mining doesn't emit carbon.", '100aeon'], ['u/ElderBlade', 14, '2023-01-01 07:49', 'https://www.reddit.com/r/Bitcoin/comments/100aeon/biggest_criticisms_of_bitcoin/j2h7l33/', "Not really considering lightning network and scalability in transaction values. I really don't see scalability as an issue at all. That hasn't been a problem for years now.", '100aeon']]], ['u/Spades_999', 'Why use BCH over BTC lightning network?', 23, '2023-01-01 04:15', 'https://www.reddit.com/r/Bitcoincash/comments/100amb1/why_use_bch_over_btc_lightning_network/', 'title basically, I know BCH is more for day to day stuff but doesnt lightning solve this?', 'https://www.reddit.com/r/Bitcoincash/comments/100amb1/why_use_bch_over_btc_lightning_network/', '100amb1', [['u/Minimummaximum21', 11, '2023-01-01 05:03', 'https://www.reddit.com/r/Bitcoincash/comments/100amb1/why_use_bch_over_btc_lightning_network/j2grlex/', 'Lighting needs BTC to scale. (On chain transactions) BTC is not made to scale currently', '100amb1'], ['u/ted-kal', 14, '2023-01-01 05:11', 'https://www.reddit.com/r/Bitcoincash/comments/100amb1/why_use_bch_over_btc_lightning_network/j2gsfei/', 'No, lightning doesn\'t solve "this", as you put it. The Lightning network adds a layer of complexity to using BTC that many users will have an issue with. In addition, unless you are running your own Lightning Node, you really don\'t have full custody of your funds, although some may say that is acceptable for smaller amounts.\n\nWallets like *Wallet of Satoshi* are basically a custodial wallet since your BTC funds are basically at the mercy of whoever is running the Lightning Node. \n\nBe sure to check out ["Why Bitcoin Cash"](https://whybitcoincash.com/) for more information. Also for a basic level primer on the issues with Lightning Network have a look at [Hayden Otto\'s videos on YouTube.](https://www.youtube.com/@HaydenOtto/search?query=lightning)', '100amb1'], ['u/ShadowOrson', 24, '2023-01-01 06:20', 'https://www.reddit.com/r/Bitcoincash/comments/100amb1/why_use_bch_over_btc_lightning_network/j2gzlfk/', 'The fact that valid transactions can, have, and will fail at any time, illustrates that LN is an abject failure. Period. \n\nThat is not a solution. That is introducing failures.', '100amb1'], ['u/jessquit', 10, '2023-01-01 10:08', 'https://www.reddit.com/r/Bitcoincash/comments/100amb1/why_use_bch_over_btc_lightning_network/j2hhntk/', "Name one thing LN does that BCH can't do better. Just one thing.\n\nYour question is backwards. Since BCH (aka original Bitcoin the way it's supposed to be used, the way it was used from 2010-2017) is categorically superior to LN in every way, why should maxis keep hodling the clearly inferior version of the fork?", '100amb1'], ['u/moleccc', 11, '2023-01-01 10:35', 'https://www.reddit.com/r/Bitcoincash/comments/100amb1/why_use_bch_over_btc_lightning_network/j2hjdai/', '> I dont think lightning is gonna be used for anything over $100\n\nWhy would I use one solution for small amounts and another for large amounts when there is a single solution that covers the whole range?\n\nu/chaintip 0.5 usd', '100amb1'], ['u/gnahor', 16, '2023-01-01 10:39', 'https://www.reddit.com/r/Bitcoincash/comments/100amb1/why_use_bch_over_btc_lightning_network/j2hjoi6/', 'I tried both, BCH works better. Simple', '100amb1'], ['u/ThomasZander', 18, '2023-01-01 10:47', 'https://www.reddit.com/r/Bitcoincash/comments/100amb1/why_use_bch_over_btc_lightning_network/j2hk5fd/', "Well, the point of the whole exercise is peer to peer cash. Because the financial system that the western elite created is oppressive and removes financial freedom. To stop using that we need money that is fast, nearly free, and most important can not be censored by anyone. Can travel across borders without issues and can be used by everyone in the world.\n\nWith that goal in mind, the difference between the two can not be clearer. LN is centralizing to big hubs, and is already starting to behave like the western banking system. I fully expect that governments will make big LN hubs have KYC.\n\nLN is basically a new release of the banking system which is fully trackable, where individuals can be censored and transactions rejected.\n\nI don't really have any reason to use LN, its just a modern version of current western banking.", '100amb1']]], ['u/AutoModerator', '[Altcoin Discussion] - January 2023', 10, '2023-01-01 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/100ca3n/altcoin_discussion_january_2023/', "**Thread topics include, but are not limited to:**\n\n* Discussion related to recent events\n* Technical analysis, trading ideas & strategies\n* General questions about altcoins\n\n**Thread guidelines:**\n\n* **Be excellent to each other.**\n* All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.\n* This is for high quality discussion of altcoins. **All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.**\n* No discussion about specific ICOs. Established coins only.\n\nIf you're not sure what kind of discussion belongs in this thread, [here](https://www.reddit.com/r/BitcoinMarkets/comments/8ckuwb/daily_discussion_monday_april_16_2018/dxgcg... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin and Ethereum prices were little changed on Monday morning in Asia along with most non-stablecoin top 10 cryptocurrencies by market capitalization. Cardano led gains with 1.65% while BNB lost most with 0.96%.\nSee related article:A series of events: Crypto’s 2022 timeline\n• Bitcoin was up 0.4% to US$16,603 in the 24 hours to 9:00 a.m. in Hong Kong on Monday, after dropping 1.38% in the last seven days. Ethereum was up 0.26% to US$1,198 and has dropped 1.63% over the past week, according toCoinMarketCap.\n• Cardano gained the most at 1.65% to trade at US$0.2489.\n• BNB, the native token of top cryptocurrency exchange Binance, led losses and was down 0.96% in the last 24 hours to trade at US$243. U.S. authorities arereportedly reviewingBinance.US’s attempt to acquire bankrupt digital assets brokerage Voyager Digital.\n• U.S. equity markets closed lower on the final trading day of 2022 last Friday.Nasdaq Compositewas down 0.11% whileS&P 500closed 0.25% lower on Friday.\n• U.S. and Hong Kong markets are closed on Monday for New Year’s Day.\n• OKB, the utility token of Seychelles-based cryptocurrency exchange OKX, gained close to 15% during Asia trading hours on Monday.\xa0OKT, the native token of the exchange’s blockchain OKX Chain, increased 13%.\nSee related article:Biggest blockchain trends for 2023 and beyond', 'Bitcoin and Ethereum prices were little changed on Monday morning in Asia along with most non-stablecoin top 10 cryptocurrencies by market capitalization. Cardano led gains with 1.65% while BNB lost most with 0.96%.\nSee related article:A series of events: Crypto’s 2022 timeline\n• Bitcoin was up 0.4% to US$16,603 in the 24 hours to 9:00 a.m. in Hong Kong on Monday, after dropping 1.38% in the last seven days. Ethereum was up 0.26% to US$1,198 and has dropped 1.63% over the past week, according toCoinMarketCap.\n• Cardano gained the most at 1.65% to trade at US$0.2489.\n• BNB, the native token of top cryptocurrency exchange Binance, led losses and was down 0.96% in the last 24 hours to trade at US$243. U.S. authorities arereportedly reviewingBinance.US’s attempt to acquire bankrupt digital assets brokerage Voyager Digital.\n• U.S. equity markets closed lower on the final trading day of 2022 last Friday.Nasdaq Compositewas down 0.11% whileS&P 500closed 0.25% lower on Friday.\n• U.S. and Hong Kong markets are closed on Monday for New Year’s Day.\n• OKB, the utility token of Seychelles-based cryptocurrency exchange OKX, gained close to 15% during Asia trading hours on Monday.\xa0OKT, the native token of the exchange’s blockchain OKX Chain, increased 13%.\nSee related article:Biggest blockchain trends for 2023 and beyond', 'Bitcoin and Ethereum prices were little changed on Monday morning in Asia along with most non-stablecoin top 10 cryptocurrencies by market capitalization. Cardano led gains with 1.65% while BNB lost most with 0.96%. See related article: A series of events: Crypto’s 2022 timeline Fast facts Bitcoin was up 0.4% to US$16,603 in the 24 hours to 9:00 a.m. in Hong Kong on Monday, after dropping 1.38% in the last seven days. Ethereum was up 0.26% to US$1,198 and has dropped 1.63% over the past week, according to CoinMarketCap . Cardano gained the most at 1.65% to trade at US$0.2489. BNB, the native token of top cryptocurrency exchange Binance, led losses and was down 0.96% in the last 24 hours to trade at US$243. U.S. authorities are reportedly reviewing Binance.US’s attempt to acquire bankrupt digital assets brokerage Voyager Digital. U.S. equity markets closed lower on the final trading day of 2022 last Friday. Nasdaq Composite was down 0.11% while S&P 500 closed 0.25% lower on Friday. U.S. and Hong Kong markets are closed on Monday for New Year’s Day. OKB, the utility token of Seychelles-based cryptocurrency exchange OKX, gained close to 15% during Asia trading hours on Monday.\xa0OKT, the native token of the exchange’s blockchain OKX Chain, increased 13%. See related article: Biggest blockchain trends for 2023 and beyond', 'With the healthcare sector poised to grow significantly in the coming years, healthcare stocks to buy present a fantastic opportunity for investors. Healthcare is something that everyone will need at some point in their lives, so today’s industry of $8.3 trillion spent globally is an indication of a growing, profitable sector – one that could create many opportunities for those looking to make significant investments. The U.S. alone accounts for almost half of the total healthcare expenditure, which is set to grow at an incredible pace in the coming decade. Therefore, healthcare stocks to buy are set for substantial progress ahead, with the population of individuals over 65 expected to rise by 113% from 2019 to 2050.\nHealthcare stocks have seen a huge rally in 2022, and even though there have been multiple negative macro factors that influence markets, companies with specific catalysts have managed to gain immensely. Moreover, there is still time to add these plays to your portfolio and benefit from their strong potential. The following seven healthcare stocks are likely to benefit the most:\n[{"Ticker": "VRNA", "Company": "Verona Pharmaceuticals", "Price": "$26.13"}, {"Ticker": "INSP", "Company": "Inspire Medical Systems", "Price": "$251.88"}, {"Ticker": "SDGR", "Company": "Schrodinger", "Price": "$18.69"}, {"Ticker": "INCY", "Company": "Incyte", "Price": "$80.32"}, {"Ticker": "VTRS", "Company": "Viatris", "Price": "$11.13"}, {"Ticker": "VEEV", "Company": "Veeva Systems", "Price": "$161.38"}, {"Ticker": "MDGL", "Company": "Madrigal", "Price": "$290.25"}]\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nSource: metamorworks / Shutterstock\nVerona Pharmaceuticals(NASDAQ:VRNA)\xa0is a fascinating long-term play in the healthcare sector. Its stock rallied after its Phase III COPD trial proved to be effective. Study results showed that it could significantly increase patients’ lung function, reduce symptoms and improve life quality – remarkable improvements that could change the lives of those affected by the severe condition.\nMoreover, the study showed that the treatment significantly decreased the number of times a patient’s symptoms deteriorated and were well-tolerated. In light of these promising developments, Verona expressed plans to seek FDA approval for its novel treatmentin the first half of 2023. With over 12 million people affected by COPD in the U.S. alone, the firm’s long-term position looks mighty encouraging. Thus, it is among the top healthcare stocks to buy.\nSource: SewCream / Shutterstock.com\nInspire Medical Systems(NYSE:INSP)\xa0is revolutionizing how we treat moderate to severe Obstructive Sleep Apnea (OSA). Its patented Inspire system provides a safe, effective, and non-invasive treatment designed to keep airways open while patients sleep. The advanced implantable nerve stimulator offers a cutting-edge alternative to traditional continuous positive airway pressure (CPAP) therapies. Inspire Medical Systems provides an invaluable service for those who suffer from OSA.\nIt boasts an excellent track record marked by double-digit expansion in sales over the past five years. Additionally, its gross profit margins are off the charts, which should propel the firm toward profitability in the not-so-distant future. Also, its massivecash balance of over $420 millioncomfortably dwarfs its debt balance of just $9.1 million.\nSource: shutterstock.com/Peshkova\nSchrodinger(NASDAQ:SDGR)\xa0is a developer of artificial intelligence technology used to aid pharmaceutical firms in improving the drug discovery process. So far, the company has gained impressive traction from its growing customer base each quarter. With its technology being leveraged by industry leaders, Schrodinger looks set to remain ahead of the competition for many years.\nIts third-quarter results showeddrug discovery revenuejumping 121% from the prior-year period to $12.3 million. The company expects its 2022 drug discovery revenue to soar between 82% and 94%. Moreover, it expects its software sales to grow 8% to 12% this year.\nThe outlook for software growth may reflect some trepidation among organizations. Still, the success of Schrodinger’s drug discovery model is a testament to how effective this kind of technology can be in advancing research. With such remarkable returns already derived from Schrodinger’s technology, it seems that software growth could very well take off in the near future.\nSource: Eyesonmilan / Shutterstock.com\nIncyte(NASDAQ:INCY) is a successful biotechnology company generating billions in annual revenue.Its flagship product Jakafihas revolutionized treatment for myelofibrosis and polycythemia vera, and its pervasive influence on the market is apparent. It constitutes more than 80% of the company sales at this time, but its non-segmental vitiligo treatment Opzelura could be a major contributor to the top line.\nOpzelura sales doubled last quarter and will likely continue growing in the upcoming quarters. In addition, several potential blockbuster treatments in its pipeline could also put them ahead of the curve in the not-so-distant future. With an excellent track record of growing its sales and earnings and a relatively cheap valuation, INCY stock is an excellent bet for 2023.\nSource: Postmodern Studio / Shutterstock.com\nViatris(NASDAQ:VTRS) is back on the investor radar of late. Though its sluggish revenue growth and debt load are concerning, its investors are attracted to its expansive generic portfolio and potential new market opportunities. This culminates in a bright future for the pharmaceutical company if they stick to the correct growth strategy.\nIts management has been stabilizing its business, creating synergies, and looking to pay down its hefty debt load. So far, its executed remarkably well, and its strategic plans are quickly advancing toward the growth stage again. For investors, these developments could effectively result 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: 2023-01-02 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $319,563,854,675 - Hash Rate: 274241331.1734265 - Transaction Count: 229347.0 - Unique Addresses: 575250.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.27 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: (Bloomberg) -- US voters signed off on at least $44 billion of local-government debt sales on ballots across the country during this year’s midterm elections. Most Read from Bloomberg Musk Publicly Punishes Twitter Engineers Who Call Him Out Online FTX’s Balance Sheet Was Bad Griffin to ‘Three-Time Loser’ Trump: Step Aside for DeSantis World’s Biggest Crypto Fund Hits Record 42% Discount to Value of Bitcoin It Holds Sam Bankman-Fried Posts Weird Cryptic Tweets After Wealth Wipeout The approvals bring the passage rate to roughly 83% of the $53 billion in proposed bond referendums that have results available so far, according to a Bloomberg analysis of a preliminary tally by S&P Global Market Intelligence. That excludes proposed borrowings for Texas’s utility and water districts. Nearly $15 billion of measures were still pending as of Monday. With a majority of measures slated to pass, the $4 trillion municipal bond market looks set to absorb a wave of new issuance as states and cities borrow for infrastructure projects, particularly for schools. Bonds to fund schools made up the largest chunk of this year’s biggest ballot measures. “The voting constituency out there is more in tune with getting more out of the government,” said Christopher Brigati, managing director of municipal investments at Valley National Bancorp. The uncertain economic conditions may have bolstered the passage rate because of sentiment that local governments should help out their residents, according to Brigati. Generally, when people feel economically constrained, they are more attuned to local government measures that might benefit them, he said. Most Read from Bloomberg Businessweek How Apple Stores Went From Geek Paradise to Union Front Line Americans Have $5 Trillion in Cash, Thanks to Federal Stimulus One of Gaming’s Most Hated Execs Is Jumping Into the Metaverse The Golden Era of AI Chess Makes Things Tricky for Players Google’s Moonshot Lab Is Now in the Strawberry-Counting Business ©2022 Bloomberg L.P.... - Reddit Posts (Sample): [['u/frankwales', 'Guess what happens when the AI starts to buy up all the Bitcoin...', 30, '2023-01-02 00:24', 'https://www.reddit.com/r/Buttcoin/comments/100wr4f/guess_what_happens_when_the_ai_starts_to_buy_up/', 'Seems to me like this is a pitch for a crappy sci-fi movie: "ButtnAIdo -- swarms of AI pump our Butts and only one bro can save us!"\n\n([source](https://twitter.com/Dennis_Porter_/status/1609349449511497729))\n\nhttps://preview.redd.it/iuzewgfvli9a1.png?width=1236&format=png&auto=webp&v=enabled&s=b31b55085b4495e886712bc61bf17d49dc48150f', 'https://www.reddit.com/r/Buttcoin/comments/100wr4f/guess_what_happens_when_the_ai_starts_to_buy_up/', '100wr4f', [['u/DramaticGlove9751', 33, '2023-01-02 01:01', 'https://www.reddit.com/r/Buttcoin/comments/100wr4f/guess_what_happens_when_the_ai_starts_to_buy_up/j2kes0x/', 'The AI immediately starts explaining ponzi schemes and the greater fool theory and refuses to participate.', '100wr4f'], ['u/ImpressiveAd699', 11, '2023-01-02 01:11', 'https://www.reddit.com/r/Buttcoin/comments/100wr4f/guess_what_happens_when_the_ai_starts_to_buy_up/j2kg8xs/', 'AI would just exploit every “smart contract” and social engineering there is. No need to buy any. We are plenty stupid enough to let this happen', '100wr4f'], ['u/ApprehensiveSorbet76', 24, '2023-01-02 02:15', 'https://www.reddit.com/r/Buttcoin/comments/100wr4f/guess_what_happens_when_the_ai_starts_to_buy_up/j2koucj/', 'Is that the same AI that Zillow used to buy up all the houses? If so the outcome is obviously billions in losses.', '100wr4f'], ['u/frankwales', 12, '2023-01-02 06:41', 'https://www.reddit.com/r/Buttcoin/comments/100wr4f/guess_what_happens_when_the_ai_starts_to_buy_up/j2llbhe/', "Or maybe it's the AI that 'solved' the problem of a too-high defect rate in a code base by just deleting all the code.", '100wr4f']]], ['u/itsnotthatdeepbrah', 'Reading the Communist Manifesto through Bitcoin lens is fascinating', 67, '2023-01-02 00:47', 'https://www.reddit.com/r/Bitcoin/comments/100x9nv/reading_the_communist_manifesto_through_bitcoin/', 'If you consider the following from the Manifesto:\n\n>The distinguishing feature of Communism is not the abolition of property generally, but the abolition of bourgeois property. But modern bourgeois private property is the final and most complete expression of the system of producing and appropriating products, that is based on class antagonisms, on the exploitation of the many by the few. In this sense, the theory of the Communists may be summed up in the single sentence: Abolition of private property.\n\n\n>We Communists have been reproached with the desire of abolishing the right of personally acquiring property as the fruit of a man’s own labour, which property is alleged to be the groundwork of all personal freedom, activity and independence. Hard-won, self-acquired, self-earned property! Do you mean the property of petty artisan and of the small peasant, a form of property that preceded the bourgeois form? There is no need to abolish that; the development of industry has to a great extent already destroyed it, and is still destroying it daily.\n\nFascinating that the discovery of Bitcoin has single handedly destroyed the entire theory of the communism, as for the first time in human history, private property can be granted to anyone in the world as a true bearer asset and those rights will be upheld by the network regardless of your class, background, real world influence. The hard work one puts into accumulating wealth to provide for and protect his family can be exchanged for a private property which is honest, sound, ethical, grounded in physics and mathematics. \n\nMost people on this planet cannot access banking and that is the biggest divider of wealthy inequality because money is half of everything we do. The simplicity of code has removed the marginalisation of the majority of people on this planet by establishing the same property rights for a multi billionaire in America and a poor farmer in Nigeria, while secured via true, free market capitalism with the mining industry. Poor communities in rural areas are now able to tap into Locked up natural resources, that would’ve otherwise gone to waste by expelling into the atmosphere and monetise the energy by mining bitcoin.\n\nBy implementing a system that respects true integrity, soundness and honesty, Satoshi Nakamoto has quite literally destroyed the main tenant of the Communist ideology by providing property rights to 8 billion people without exploiting a single being.', 'https://www.reddit.com/r/Bitcoin/comments/100x9nv/reading_the_communist_manifesto_through_bitcoin/', '100x9nv', [['u/rocasv', 12, '2023-01-02 06:15', 'https://www.reddit.com/r/Bitcoin/comments/100x9nv/reading_the_communist_manifesto_through_bitcoin/j2lilr4/', 'This is getting weird…', '100x9nv']]], ['u/Entrepreneurs_TV', 'Question for BTC millionaires. How did you set up your life when money was no more object in your life?', 35, '2023-01-02 05:45', 'https://www.reddit.com/r/Bitcoin/comments/1013kc7/question_for_btc_millionaires_how_did_you_set_up/', '\nBitcoin is a life changing asset! \n\nCurious to know how you structured your life when money was no object.\n\nCraziest thing you bought to your biggest lifestyle \nchanges, want to know it all!', 'https://www.reddit.com/r/Bitcoin/comments/1013kc7/question_for_btc_millionaires_how_did_you_set_up/', '1013kc7', [['u/murkforgian', 21, '2023-01-02 06:37', 'https://www.reddit.com/r/Bitcoin/comments/1013kc7/question_for_btc_millionaires_how_did_you_set_up/j2lkyee/', 'Millions is not life changing \nI used my millions to set up an international slave trade, turned millions into billions. I met John McAfee at a party in Spain. He was arrested the next day', '1013kc7'], ['u/souvidesuperfan', 31, '2023-01-02 06:49', 'https://www.reddit.com/r/Bitcoin/comments/1013kc7/question_for_btc_millionaires_how_did_you_set_up/j2lm3tv/', "I drive around in a Phantom with 30 jars of Grey Poupon waiting for a industrious soul to ask if I have any at a stop light.\n\nOne day they did.\n\nThat industrious soul was Santa Claus.\n\nNow I'm the final boss on Linkedin.", '1013kc7'], ['u/bobbyv137', 10, '2023-01-02 07:12', 'https://www.reddit.com/r/Bitcoin/comments/1013kc7/question_for_btc_millionaires_how_did_you_set_up/j2lo709/', 'I’m friends with someone whose RE business led to him becoming a millionaire in 2022. We went out last night. \n\nMoney === freedom. \n\nHe now intends to live in a select few desirable countries over the course of the year before buying a penthouse apartment and Lamborghini (yes, it’s cliche “wen Lambo” but he has nothing to do with Bitcoin).', '1013kc7'], ['u/Ok_Aerie3546', 18, '2023-01-02 08:30', 'https://www.reddit.com/r/Bitcoin/comments/1013kc7/question_for_btc_millionaires_how_did_you_set_up/j2luvh5/', 'I am rich. I buy bitcoin to stay rich and also for the freedom to move wherever I want.', '1013kc7'], ['u/Crypto-hercules', 11, '2023-01-02 10:21', 'https://www.reddit.com/r/Bitcoin/comments/1013kc7/question_for_btc_millionaires_how_did_you_set_up/j2m37wq/', 'Iam a millionaire in Zimbabwe dollars…. It’s not all it’s cut out to be I have to carry a bin bag of cash with me to buy a loaf of bread at the corner shop.', '1013kc7'], ['u/freshasadaisy33', 62, '2023-01-02 11:56', 'https://www.reddit.com/r/Bitcoin/comments/1013kc7/question_for_btc_millionaires_how_did_you_set_up/j2ma1nu/', 'He meant 5 million satoshis. He lives in a trailer park and drinks out of a cut out plastic 2 liter eating zesty mordants', '1013kc7'], ['u/FFMooch', 10, '2023-01-02 12:50', 'https://www.reddit.com/r/Bitcoin/comments/1013kc7/question_for_btc_millionaires_how_did_you_set_up/j2me7dz/', "Not this time SEC! I'm on to you.", '1013kc7'], ['u/random1111990', 19, '2023-01-02 13:32', 'https://www.reddit.com/r/Bitcoin/comments/1013kc7/question_for_btc_millionaires_how_did_you_set_up/j2mhn4n/', '2017 run made me and broke me… Went from playing Starcraft 2 everyday to becoming a drug addict, driving super cars, travelling whenever I want, to being arrested for recklessness and now humbly returned to playing Starcraft 2 driving a beater car and living a low-key lifestyle. Still travel whenever I want but now just put my capital into investing in people instead of the material or my own gluttonous desires. \n\nNow everyone I meet IRL I give them a chance to get a business idea off the floor by offering funding and guidance for the journey… and 50% of the bzns heh.\n\nUnfortunate thing about money or showing off material goods is how people perceive you and expect things about you because of your success, remain humble and low-key, live a good life at the service of others and stay blessed frens.', '1013kc7'], ['u/schemingraccoon', 10, '2023-01-02 15:06', 'https://www.reddit.com/r/Bitcoin/comments/1013kc7/question_for_btc_millionaires_how_did_you_set_up/j2mqvpx/', 'So this is your endgame.', '1013kc7'], ['u/natedogggggyyyy', 20, '2023-01-02 15:32', 'https://www.reddit.com/r/Bitcoin/comments/1013kc7/question_for_btc_millionaires_how_did_you_set_up/j2mtz7s/', 'You start to value time more than anything else. The one resource you can never buy, or get more of. Once it’s spent, that’s it. Spend it with the people you love, or do things you’ve always wanted to do before you leave this earth.', '1013kc7'], ['u/Bitcoin_Maximalist', 22, '2023-01-02 16:27', 'https://www.reddit.com/r/Bitcoin/comments/1013kc7/question_for_btc_millionaires_how_did_you_set_up/j2n10y4/', 'Be happy when you are poor, or you will be miserable when you are rich.', '1013kc7'], ['u/btcthrowaway65446', 10, '2023-01-02 17:22', 'https://www.reddit.com/r/Bitcoin/comments/1013kc7/question_for_btc_millionaires_how_did_you_set_up/j2n8s65/', "I've expressed to lots of people in my life how guilty I feel. One of the first things I told my close family is that I feel like I committed murder and got away with it. Two years later the guilt has not... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin and Ether prices rose in Tuesday morning trading in Asia, along with all the non-stablecoin top ten cryptocurrencies. Litecoin led the gainers, while XRP, Dogecoin and Polygon also posted increases of between 2% and 3%.\nSee related article:Hong Kong financial service providers gear up for retail crypto traders\n• Bitcoin rose 0.4% to US$16,686 in the 24 hours to 8 a.m. in Hong Kong, while Ethereum gained 1.2% to trade at US$1,214,according to CoinMarketCap.\n• Litecoin rose 5.6% to trade at a two week high of US$74.84 after the Litecoin Foundation, the organization behind the cryptocurrency,announced on Sundaythat the network saw a record of more than 39 million transactions in 2022. The token is up about 6% over the last calendar week.\n• Polygon’s Matic token rose 2.8% to change hands at US$0.78, as data from crypto whale tracker WhaleStats found that the token was one of the top 10 purchased coins by the 500 biggest Ether whales over theNew Year’s period. However, Matic is still down about 3.7% for the week. The WhaleStats list included memecoin Shiba Inu token and Web3 sports-based token Chiliz.\n• Dogecoin rose 1.7% to trade at US$0.071. The gains follow the Dogecoin Foundation, the group responsible for the development of the network,announcing an allocationof 5 million Doge (US$358,000) to a fund for core Dogecoin developers. The coin has more ground to make up as its still off about 5% for the week.\n• Solana added 12.8% to trade at US$11.26. Sitting just outside CoinMarketCap’s top ten list, these gains come as Ethereum co-founder Vitalik Buterintweeted supportfor the network on Friday, saying he “hope[s] the community gets its fair chance to thrive.”\xa0 The token has now made up most of its losses over the last seven days.\n• U.S. equity markets were closed on Monday due to the New Year holiday, and will open again for trading on Tuesday. Investors await the release of the minutes from the U.S. Federal Reserve’s December meeting for further guidance on the Fed’s view on inflation and interest rate policy.\n• The Fed raised rates by the expected 50-basis points in December, bringing benchmark rates to between 4.25% and 4.5% — the highest level in 15 years. It also warned of more increases to come in 2023 as it makes tackling inflation its priority. The latest U.S. consumer price index showed that inflation was up 7.1% in November compared to last year, though a decline from readings of 7.7% in October and 8.2% in September.\n• U.S. stock and bond markets had one of theworst yearson record in 2022, with the S&P 500 losing 19.4%, as the Fed cranked up interest rates to slow the pace of inflation.\n• See related article:How crypto custodians can help centralized exchanges win back public trust', 'Bitcoin and Ether prices rose in Tuesday morning trading in Asia, along with all the non-stablecoin top ten cryptocurrencies. Litecoin led the gainers, while XRP, Dogecoin and Polygon also posted increases of between 2% and 3%.\nSee related article:Hong Kong financial service providers gear up for retail crypto traders\n• Bitcoin rose 0.4% to US$16,686 in the 24 hours to 8 a.m. in Hong Kong, while Ethereum gained 1.2% to trade at US$1,214,according to CoinMarketCap.\n• Litecoin rose 5.6% to trade at a two week high of US$74.84 after the Litecoin Foundation, the organization behind the cryptocurrency,announced on Sundaythat the network saw a record of more than 39 million transactions in 2022. The token is up about 6% over the last calendar week.\n• Polygon’s Matic token rose 2.8% to change hands at US$0.78, as data from crypto whale tracker WhaleStats found that the token was one of the top 10 purchased coins by the 500 biggest Ether whales over theNew Year’s period. However, Matic is still down about 3.7% for the week. The WhaleStats list included memecoin Shiba Inu token and Web3 sports-based token Chiliz.\n• Dogecoin rose 1.7% to trade at US$0.071. The gains follow the Dogecoin Foundation, the group responsible for the development of the network,announcing an allocationof 5 million Doge (US$358,000) to a fund for core Dogecoin developers. The coin has more ground to make up as its still off about 5% for the week.\n• Solana added 12.8% to trade at US$11.26. Sitting just outside CoinMarketCap’s top ten list, these gains come as Ethereum co-founder Vitalik Buterintweeted supportfor the network on Friday, saying he “hope[s] the community gets its fair chance to thrive.”\xa0 The token has now made up most of its losses over the last seven days.\n• U.S. equity markets were closed on Monday due to the New Year holiday, and will open again for trading on Tuesday. Investors await the release of the minutes from the U.S. Federal Reserve’s December meeting for further guidance on the Fed’s view on inflation and interest rate policy.\n• The Fed raised rates by the expected 50-basis points in December, bringing benchmark rates to between 4.25% and 4.5% — the highest level in 15 years. It also warned of more increases to come in 2023 as it makes tackling inflation its priority. The latest U.S. consumer price index showed that inflation was up 7.1% in November compared to last year, though a decline from readings of 7.7% in October and 8.2% in September.\n• U.S. stock and bond markets had one of theworst yearson record in 2022, with the S&P 500 losing 19.4%, as the Fed cranked up interest rates to slow the pace of inflation.\n• See related article:How crypto custodians can help centralized exchanges win back public trust', 'Bitcoin and Ether prices rose in Tuesday morning trading in Asia, along with all the non-stablecoin top ten cryptocurrencies. Litecoin led the gainers, while XRP, Dogecoin and Polygon also posted increases of between 2% and 3%. See related article: Hong Kong financial service providers gear up for retail crypto traders Fast facts Bitcoin rose 0.4% to US$16,686 in the 24 hours to 8 a.m. in Hong Kong, while Ethereum gained 1.2% to trade at US$1,214, according to CoinMarketCap . Litecoin rose 5.6% to trade at a two week high of US$74.84 after the Litecoin Foundation, the organization behind the cryptocurrency, announced on Sunday that the network saw a record of more than 39 million transactions in 2022. The token is up about 6% over the last calendar week. Polygon’s Matic token rose 2.8% to change hands at US$0.78, as data from crypto whale tracker WhaleStats found that the token was one of the top 10 purchased coins by the 500 biggest Ether whales over the New Year’s period . However, Matic is still down about 3.7% for the week. The WhaleStats list included memecoin Shiba Inu token and Web3 sports-based token Chiliz. Dogecoin rose 1.7% to trade at US$0.071. The gains follow the Dogecoin Foundation, the group responsible for the development of the network, announcing an allocation of 5 million Doge (US$358,000) to a fund for core Dogecoin developers. The coin has more ground to make up as its still off about 5% for the week. Solana added 12.8% to trade at US$11.26. Sitting just outside CoinMarketCap’s top ten list, these gains come as Ethereum co-founder Vitalik Buterin tweeted support for the network on Friday, saying he “hope[s] the community gets its fair chance to thrive.”\xa0 The token has now made up most of its losses over the last seven days. U.S. equity markets were closed on Monday due to the New Year holiday, and will open again for trading on Tuesday. Investors await the release of the minutes from the U.S. Federal Reserve’s December meeting for further guidance on the Fed’s view on inflation and interest rate policy. The Fed raised rates by the expected 50-basis points in December, bringing benchmark rates to between 4.25% and 4.5% — the highest level in 15 years. It also warned of more increases to come in 2023 as it makes tackling inflation its priority. The latest U.S. consumer price index showed that inflation was up 7.1% in November compared to last year, though a decline from readings of 7.7% in October and 8.2% in September. U.S. stock and bond markets had one of the worst years on record in 2022, with the S&P 500 losing 19.4%, as the Fed cranked up interest rates to slow the pace of inflation. See related article: How crypto custodians can help centralized exchanges win back public trust', 'Australia had a total of 225 Bitcoin ATMs by the end of 2022 after installing around 150 machines in the final four months of the year, overtaking El Salvador and Poland to become home to the fourth-highest number of crypto ATMs in the world, according todata from CoinATMRadar.com.\nSee related article:Bitcoin ATMs face existential threat in Hong Kong\n• Australia’s surge in Bitcoin ATM installations comes asmore cryptocurrency regulation is expectednext year in the wake of the multi-billion dollar collapse of the Bahamas-based bankrupt cryptocurrency exchange, FTX.com.\n• After makingBitcoin legal tender in September 2021, El Salvador installed 212 Bitcoin ATMs across the country in the following months, at one point having the third-highest number of crypto ATMs behind the U.S. and Canada.\n• El Salvador lost the third rank to Spain in October 2022, while Poland trailed at fifth before Australia’s Bitcoin ATM rush.\n• The U.S. is home to the most Bitcoin ATMs in 33,950 locations, while Canadians have 2,649 teller machines to choose from.\n• There are 38,611 BitcoinATMs operating worldwide, with 5,982 installed in 2022 alone.\n• The Monetary Authority of Singapore, the city-state’s central bank,issued new guidelinesin January 2022 to restrict crypto businesses from promoting their services to the general public, leading crypto ATM operators to halt their services in the country.\nSee related article:Singapore crypto ATMs shut down to comply with central bank rules', 'Australia had a total of 225 Bitcoin ATMs by the end of 2022 after installing around 150 machines in the final four months of the year, overtaking El Salvador and Poland to become home to the fourth-highest number of crypt **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-01-03 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $322,996,633,600 - Hash Rate: 261883481.8059322 - Transaction Count: 272055.0 - Unique Addresses: 645565.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.26 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Stocks closed lower across the board on Friday to finish off the worst year for the U.S. stock market since the financial crisis. When the year's final closing bell rang on Friday, the S&P 500 and Dow were each off about 0.2%, while the tech-heavy Nasdaq fell a more modest 0.1%. With Friday's losses, the S&P 500 fell 19.4% in 2022, its largest calendar-year decline since a 38% drop in 2008. Closing at 3,839.50 on Friday, the S&P 500 now stands at the same level as March 2021. The Nasdaq Composite dropped 33% and stands at the same level as July 2020. The Dow, meanwhile, fell a comparably modest 9% in 2022, while the bond market suffered through its worst year in modern history. The yield on the 10-year Treasury rose from around 1.5% at the beginning of 2022 to settle at 3.88% on Friday. This move triggered a sell-off across fixed income markets and weighed on housing, with the average 30-year fixed mortgage rate finishing 2022 near 6.4%, its highest year-end level since 2001. Tesla ( TSLA ) shares rose 1.1% on Friday, a move that followed the stock gaining some 8% on Thursday in a bid to recover sharp losses suffered this year and this month. Tesla shares lost over 65% this year and more than 30% in December. WTI crude oil gained more than 2.5% on Friday, finishing 2022 at $80.40 per barrel and giving oil its second-straight annual gain. Though after the price of crude oil surged more than 50% in 2021 and then doubled early this year, WTI finished with a more modest 7% for the year. The modest gain in oil prices, however, belies the strength seen by energy stocks in 2022, with the energy sector ( XLE ) rising some 57% this year, the only one of the 11 sectors in the S&P 500 to log gains this year. The Federal Reserve's aggressive rate hike campaign in 2022 weighed particularly heavy on technology stocks. The technology sector ( XLK ) fell 28% this year, its biggest drop since 2008, while communication services ( XLC ) — which was added to the S&P 500 in 2018 — logged its biggest drop on record, falling 38% in 2022, the most of any sector in the S&P 500. Story continues In currency markets, the dollar was weaker on Friday but logged its biggest annual gain since 2015 as interest rate increases from the Federal Reserve boosted demand for the greenback. Crypto markets also endured a challenging 2022, as bitcoin ( BTC-USD ) is set to finish the year down 65%. The price of bitcoin was little-changed on Friday to trade near $16,500. Click here for the latest stock market news and in-depth analysis, including events that move stocks Read the latest financial and business news from Yahoo Finance Download the Yahoo Finance app for Apple or Android Follow Yahoo Finance on Twitter , Facebook , Instagram , Flipboard , LinkedIn , and YouTube... - Reddit Posts (Sample): [['u/RonPaulWasR1ght', "Congrats to u/eilbrun, winner of 2022's Bitcoin price prediction contest!!! Get your prediction in for 2023!! How high does Bitcoin go in 2023? Cast your prediction, win some sats!", 145, '2023-01-03 00:03', 'https://www.reddit.com/r/Bitcoin/comments/101qosq/congrats_to_ueilbrun_winner_of_2022s_bitcoin/', "[(2222) How high does Bitcoin go in 2022?? Cast your prediction, win some sats! : Bitcoin (reddit.com)](https://www.reddit.com/r/Bitcoin/comments/rtk7uf/how_high_does_bitcoin_go_in_2022_cast_your/?%24deep_link=true&correlation_id=0936428b-08b3-451f-9b57-535bab08aa8f&ref=email_post_reply&ref_campaign=email_post_reply&ref_source=email&%243p=e_as&_branch_match_id=789161825168076595&utm_medium=Email%20Amazon%20SES&_branch_referrer=H4sIAAAAAAAAA3VOW2rEMAw8jfuXR%2B0kmy0spaX0GsJ2lESsYxvbIeztq7DtZ0ESw8xIo7WUmN%2BaJuE0Ual1jLUjf29UfBeyU%2FGGoPMLw5BoIa8d7Mnd1nNLqA8hv7mO46h%2F923YmEjcn1RsIM%2BIuQ19yadQ7pd9ZrCGA1ZaVpgCZjBPLywBeMpWSrA6F3iE%2FTwlFKd0E2KE8zehvkraUcjBhpTQ6ULBA03Mt1c1dHI0VTsaVXX961xdTX%2BpetUbbdpR65HTh4Qzm3HT5CAGDkoY3eMpcPIWNS3%2Bf0fmtyz%2B6T9FJJRaQgEAAA%3D%3D)\n\nIt's 250,000 sats to the wallet of your choice if you're closest without going over! How high does Bitcoin go during Calendar Year 2023? Your prediction must be an EXACT amount of US Dollars, only 1 prediction per user.\n\nHigh during 2022 = $48,174.\n\nClosest prediction was $48,057, but the user deleted their account. So the winner is the runner-up, u/eilbrun, with a prediction of $48,000.\n\nEDIT: Increased the payout to 250,000 sats from the original 10,000 sats. Now that's enough reason to take a moment and throw a prediction out there, eh? : - )", 'https://www.reddit.com/r/Bitcoin/comments/101qosq/congrats_to_ueilbrun_winner_of_2022s_bitcoin/', '101qosq', [['u/bettinghuge', 20, '2023-01-03 00:13', 'https://www.reddit.com/r/Bitcoin/comments/101qosq/congrats_to_ueilbrun_winner_of_2022s_bitcoin/j2p01c6/', '10000 sats = 1.67 usd, so generous', '101qosq'], ['u/RonPaulWasR1ght', 37, '2023-01-03 00:30', 'https://www.reddit.com/r/Bitcoin/comments/101qosq/congrats_to_ueilbrun_winner_of_2022s_bitcoin/j2p2k1g/', 'Great point. I will bump it this year. Make it 250,000 sats! \n\nPosting this to the OP right now.', '101qosq'], ['u/Wise-Application-144', 26, '2023-01-03 00:40', 'https://www.reddit.com/r/Bitcoin/comments/101qosq/congrats_to_ueilbrun_winner_of_2022s_bitcoin/j2p42vl/', "$41,230.\n\nBased on the Rational Root's Realized Price vs Cumulative Value Days Destroyed chart. At the end of 2023 we'll be \\~5 months out from a halving. In previous cycles that's corresponded to a price about halfway between the previous top and the previous bottom. \n\nThat gives about $42k, then I subtract a fudge factor to get a unique integer so that I don't have to share the prize with anyone.", '101qosq'], ['u/-Famouse', 20, '2023-01-03 01:21', 'https://www.reddit.com/r/Bitcoin/comments/101qosq/congrats_to_ueilbrun_winner_of_2022s_bitcoin/j2pa051/', ' 1btc = 69420', '101qosq'], ['u/Festortheinvestor', 16, '2023-01-03 01:23', 'https://www.reddit.com/r/Bitcoin/comments/101qosq/congrats_to_ueilbrun_winner_of_2022s_bitcoin/j2paaga/', 'I’m seeing some hilarious numbers. Btc value as of today Jan 3rd 2023 is $16,685, so for those that are posting numbers below that are clearly not going to win. Some real stupid people out here in this sub, thanks for the laugh. \n\nMy guess is $72,741. Good luck everyone', '101qosq'], ['u/StunningMatter', 66, '2023-01-03 02:01', 'https://www.reddit.com/r/Bitcoin/comments/101qosq/congrats_to_ueilbrun_winner_of_2022s_bitcoin/j2pfql4/', '$37,621. If I win, send my sats to the person who was 12th closest.', '101qosq'], ['u/tx_brandon', 20, '2023-01-03 05:30', 'https://www.reddit.com/r/Bitcoin/comments/101qosq/congrats_to_ueilbrun_winner_of_2022s_bitcoin/j2q9chg/', 'New all time high *before* the halving?\n🤨', '101qosq'], ['u/solomonsatoshi', 12, '2023-01-03 06:13', 'https://www.reddit.com/r/Bitcoin/comments/101qosq/congrats_to_ueilbrun_winner_of_2022s_bitcoin/j2qe8f0/', 'Its already been higher than that!', '101qosq'], ['u/generateduser29128', 33, '2023-01-03 06:35', 'https://www.reddit.com/r/Bitcoin/comments/101qosq/congrats_to_ueilbrun_winner_of_2022s_bitcoin/j2qglob/', 'Some real stupid people out here in this sub 🤡', '101qosq']]], ['u/etmetm', 'Happy 14th birthday Bitcoin! Today, on 3rd of Jan 2009 Bitcoin started to live.', 178, '2023-01-03 00:42', 'https://www.reddit.com/r/Bitcoin/comments/101roce/happy_14th_birthday_bitcoin_today_on_3rd_of_jan/', 'And it came to pass in those days, that there went out a [mail](https://www.bitcoin.com/satoshi-archive/emails/cryptography/16/) from Satoshi Nakaoto that all the world should have the choice of truly scarce, hard money that cannot be forged. \n\nSatoshi started a Bitcoin client at [2009-01-03 19:15:05 GMT +1](https://blockstream.info/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f) and built the [first block on top](https://blockstream.info/block/00000000839a8e6886ab5951d76f411475428afc90947ee320161bbf18eb6048) six days later on 2009-01-09.\n\nAnother two days later Hal Finney announced on Twitter he\'s ["Running bitcoin"](https://twitter.com/halfin/status/1110302988) and joined an ever growing community of early miners.\n\nThe rest is history! Happy birthday, Bitcoin!\n\nEdit: \nI\'ve wrongly assumed the timestamp of block 0 was set by the starting time of the client that found block 1.\nThis is not the case, as the timestamp for block 0 is hardcoded in the source code. Anyone could have mined block 1 on Jan 9th after the public release of the code on 8th of January. I\'ll get it right on the 15th birthday and it\'s good to see plebs not trusting but verifying :).', 'https://www.reddit.com/r/Bitcoin/comments/101roce/happy_14th_birthday_bitcoin_today_on_3rd_of_jan/', '101roce', [['u/eve-collins', 20, '2023-01-03 02:21', 'https://www.reddit.com/r/Bitcoin/comments/101roce/happy_14th_birthday_bitcoin_today_on_3rd_of_jan/j2pijsv/', 'Unbelievable how far can a bright idea and it’s implementation make. Thank you, Satoshi and your team. You changed this world for the best.', '101roce'], ['u/Affectionate_Run_911', 10, '2023-01-03 05:24', 'https://www.reddit.com/r/Bitcoin/comments/101roce/happy_14th_birthday_bitcoin_today_on_3rd_of_jan/j2q8jek/', 'And these soulless corrupt mofos been trying to kill it ever since …. Fuk all y’all… BTC will never die!', '101roce']]], ['u/Honest_Union9128', 'First post(newbie looking for a routine)', 15, '2023-01-03 01:04', 'https://www.reddit.com/r/AJelqForYou/comments/101s7ji/first_postnewbie_looking_for_a_routine/', "Hi guys :)\n\n37yr old Australian here.\n\nSo have recently began diving into pe and with so many posts/routines available..I have been somewhat confused by routine to do starting out.\n\nAnd am looking for a consistent routine to help me start\n\nI was looking at doing this in the beginning manually\n\nStraight out - 3x 30\nStraight down - 3x30\nLeft/right - 3x30\nBtc - 3x30\n\nHelicopter shakes in-between sets\n\nAnd warming up start/finish\n\nWould this be adequate to begin with and see how it goes?\n\nI also have a qep device to introduce possibly once I've adapted to Manuel stretches.\n\nAlso a little confused as to what would be a better device progression ie\n\nWould an extender be better to start with after Manuel stretch routine and then hanging\n\nOr vice versa\n\nAm looking for length first and will focus on girth once I'm happy with the former.\n\nCheers guys :)", 'https://www.reddit.com/r/AJelqForYou/comments/101s7ji/first_postnewbie_looking_for_a_routine/', '101s7ji', [['u/mr_left_nut', 11, '2023-01-03 01:32', 'https://www.reddit.com/r/AJelqForYou/comments/101s7ji/first_postnewbie_looking_for_a_routine/j2pbk09/', 'Please like my comments as i am trying to get more karma', '101s7ji']]], ['u/Many-Gain-8204', 'ETH vs BTC', 62, '2023-01-03 01:07', 'https://www.reddit.com/r/ethfinance/comments/101sabc/eth_vs_btc/', 'Actuary here, not my field of expertise curious people’s thoughts. From an investing standpoint, how do you guys allocate into BTC from ETH (if at all?) \n\nMy understanding of each coins strengths correct me if I’m wrong please. \n\nETH: \n- more robust, flexible in terms of capabilities, and efficient but newer and more volatile \n\nBTC\n- simple in design relative to ETH, more de-centralized, been around longer with higher market cap -> less volatility \n- could potentially outlast ETH since it in no way attempts to stretch itself too thin?', 'https://www.reddit.com/r/ethfinance/comments/101sabc/eth_vs_btc/', '101sabc', [['u/mvuong', 25, '2023-01-03 01:27', 'https://www.reddit.com/r/ethfinance/comments/101sabc/eth_vs_btc/j2paw7o/', 'BTC - Old calculator (does only one thing, and good at it. Stop evolving for quite sometime)\n\nETH - Smart phone (programmable to do everything. Evolving frequency for efficiency, robustness, security,...)\n\nInvest wisely.', '101sabc'], ['u/chargeon2010', 56, '2023-01-03 01:30', 'https://www.reddit.com/r/ethfinance/comments/101sabc/eth_vs_btc/j2pb7mp/', 'This is an ETH sub so the responses are going to be predictable. Personally I think Bitcoin has more serious concerns than many would like to admit. I converted all my BTC to ETH last year due to my concerns. Ethereum has a 99% more efficient security model, which means that the current network activity on chain is already sufficient to compensate validators without inflationary subsidies. Bitcoin doesn’t have nearly the demand for blockspace that ETH has, and it requires inflation to pay miners to secure the network, which by the way is 99% less efficient with proof of work. If you are a Bitcoin holder, you are getting diluted and dumped on by miners. Without network effects (like ETH has) bitcoins security model will fail as it’s security budget halves every 4 years and it doesn’t have nearly enough fees to compensate miners.\n\nBy the way, ETH is more... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 miner Core Scientific (CORZ) will shut down mining rigs tied to Celsius Mining, Core\'s largest client with over 37,000 machines, after a U.S. bankruptcy judgeapproved the motionto reject its contract.\nBoth companies are undergoing Chapter 11 bankruptcies:Celsius Mining filed on July 13, 2022,along with its parent company Celsius Network, whileCore filed on December 21. The two companies have been in engaged inongoing litigationover their contract. Core claims that Celsius is not paying its dues, whereas Celsius argues that Core unilaterally increased its power rate, which isn\'t stipulated in their services agreement.\nAccording to the Jan. 4 court order, all of Celsius\' mining rigs were to be powered down effective Jan. 3 and not to be restarted during the transition period. The mining machines are also ordered to be picked up within 75 days of shut down date, with Celsius to pay for the transportation costs.\nIn a Tuesday hearing, Core\'s bankruptcy Judge David R. Jones said that the motion to reject doesn\'t violate the automatic stay on Celsius\'s property (under U.S. bankruptcy law, once a petition for a Chapter 11 bankruptcy is filed, creditors are no longer able to collect debts from the bankrupt debtor, and Core is likely a Celsius creditor given their dispute over unpaid dues). Jones also called Celsius\' objection a "strategic" maneuver in which Celsius is trying to "take advantage" of the judge in its own bankruptcy case, without that judge being able to voice his concerns.\nOn Dec. 28, 2022,Core Scientific asked the Southern District of Texas bankruptcy courtto reject Celsius Mining\'s contracts as an emergency measure, with the hosting firm claiming it is losing about $2 million in incremental revenue a month. If Core Scientific were released from the obligation to host Celsius Mining\'s machines, the company said it could generate $2 million per month either by finding other clients or by using the space for its own machines, the firm said in the motion.\nCore Scientific asked for a hearing on Jan. 3, citing the urgency of the matter, which it says is leading it to lose $28,840 per day in power costs.\nCelsius, in itsresponse, said it agrees with cancelling the contracts and taking its machines back, but disagreed with Core Scientific\'s hastiness to do so. "This purported \'emergency\' is entirely of Core’s own making and does not warrant a hearing on just two business days’ notice," Celsius Mining said in its Jan. 2 response to the motion. Celsius will have to consult with its own lenders before it can fully respond to Core\'s request, which it says it can\'t do in two business days. Celsius thus wanted to move the hearing to Jan. 23.\nCelsius further argued that the motion to reject violates the automatic stay on Celsius\' estate, and the mining rigs in question are under the jurisdiction of the bankruptcy court of the Southern District of New York (SDNY), where Celsius\' case is currently being processed.\nCelsius was open to having its rigs cut off from electricity on Jan. 3, meaning they wouldn\'t produce any bitcoin, its objection said.\nIn Tuesday\'s hearing, Celsius attorney Chris Koenig, of the Kirkland & Ellis law firm, said "we\'ve agreed that they can turn off our rigs effective today, and that they don\'t get to charge us, we don\'t continue to pay for it."\nAll that\'s left is to hammer out a transition plan. Judge Jones gave attorneys representing each party some time to draft an agreed upon proposed order, which he said he would announce regardless of whether he signed it by mid-afternoon Tuesday. As of 7:30 p.m. ET (half-past midnight UTC), no proposed or signed orders were available in PACER, a federal court database system. Alfredo Perez, the attorney representing Core Scientific, hung up on a CoinDesk reporter, while Koenig did not immediately return a voicemail.\nCelsius is not only Core\'s largest customer, with more than 37,000 machines hosted in its facilities, but one of its largest secured noteholders, holding about $54 million of secured convertible notes, or 10% of the total issuance, Kirkland & Ellis lawyer Chris Koenig, who represents Celsius, said in the first day hearing of Core\'s bankruptcy case.\nNot only has Core tried to increase Celsius\' hosting fee, contrary to their agreement, but they also blocked them from joining an Ad Hoc committee of secured convertible noteholders, who have been in discussions with Core to restructure debt, citing the ongoing litigation, Celsius said in its objection.\nThe "most important" part of the conversation around the contract is the transition period, Judge Jones said.\nA copy of the agreement between the two firms filed in an affidavit on behalf of Celsius shows that the contract specified a tariff, but didn\'t explicitly say it is a variable rate. But in his deposition, also filed as part of Celsius\' affidavit,Core\'s Senior Vice President of Partnerships Jeff Pratt, said that it was implicit in the agreement.\nJudge Jones said that the Celsius affidavit that this evidence is included in is "totally inappropriate for so many different reasons" and that it should "simply be struck" from the record.\nRead more:Inside Core Scientific’s Prearranged Bankruptcy\nUPDATE (Jan. 4, 16:16 UTC):Updates to add Jan. 4 court order.', 'Bitcoin miner Core Scientific (CORZ) will shut down mining rigs tied to Celsius Mining, Core\'s largest client with over 37,000 machines, after a U.S. bankruptcy judge approved the motion to reject its contract. Both companies are undergoing Chapter 11 bankruptcies: Celsius Mining filed on July 13, 2022 , along with its parent company Celsius Network , while Core filed on December 21 . The two companies have been in engaged in ongoing litigation over their contract. Core claims that Celsius is not paying its dues, whereas Celsius argues that Core unilaterally increased its power rate, which isn\'t stipulated in their services agreement. According to the Jan. 4 court order, all of Celsius\' mining rigs were to be powered down effective Jan. 3 and not to be restarted during the transition period. The mining machines are also ordered to be picked up within 75 days of shut down date, with Celsius to pay for the transportation costs. In a Tuesday hearing, Core\'s bankruptcy Judge David R. Jones said that the motion to reject doesn\'t violate the automatic stay on Celsius\'s property (under U.S. bankruptcy law, once a petition for a Chapter 11 bankruptcy is filed, creditors are no longer able to collect debts from the bankrupt debtor, and Core is likely a Celsius creditor given their dispute over unpaid dues). Jones also called Celsius\' objection a "strategic" maneuver in which Celsius is trying to "take advantage" of the judge in its own bankruptcy case, without that judge being able to voice his concerns. On Dec. 28, 2022, Core Scientific asked the Southern District of Texas bankruptcy court to reject Celsius Mining\'s contracts as an emergency measure, with the hosting firm claiming it is losing about $2 million in incremental revenue a month. If Core Scientific were released from the obligation to host Celsius Mining\'s machines, the company said it could generate $2 million per month either by finding other clients or by using the space for its own machines, the firm said in the motion. Story continues Core Scientific asked for a hearing on Jan. 3, citing the urgency of the matter, which it says is leading it to lose $28,840 per day in power costs. Celsius, in its response , said it agrees with cancelling the contracts and taking its machines back, but disagreed with Core Scientific\'s hastiness to do so. "This purported \'emergency\' is entirely of Core’s own making and does not warrant a hearing on just two business days’ notice," Celsius Mining said in its Jan. 2 response to the motion. Celsius will have to consult with its own lenders before it can fully respond to Core\'s request, which it says it can\'t do in two business days. Celsius thus wanted to move the hearing to Jan. 23. Celsius further argued that the motion to reject violates the automatic stay on Celsius\' estate, and the mining rigs in question are under the jurisdiction of the bankruptcy court of the Southern District of New York (SDNY), where Celsius\' case is currently being processed. Celsius was open to having its rigs cut off from electricity on Jan. 3, meaning they wouldn\'t produce any bitcoin, its objection said. In Tuesday\'s hearing, Celsius attorney Chris Koenig, of the Kirkland & Ellis law firm, said "we\'ve agreed that they can turn off our rigs effective today, and that they don\'t get to charge us, we don\'t continue to pay for it." All that\'s left is to hammer out a transition plan. Judge Jones gave attorneys representing each party some time to draft an agreed upon proposed order, which he said he would announce regardless of whether he signed it by mid-afternoon Tuesday. As of 7:30 p.m. ET (half-past midnight UTC), no proposed or signed orders were available in PACER, a federal court database system. Alfredo Perez, the attorney representing Core Scientific, hung up on a CoinDesk reporter, while Koenig did not immediately return a voicemail. Celsius is not only Core\'s largest customer, with more than 37,000 machines hosted in its facilities, but one of its largest secured noteholders, holding about $54 million of secured convertible notes, or 10% of the total issuance, Kirkland & Ellis lawyer Chris Koenig, who represents Celsius, said in the first day hearing of Core\'s bankruptcy case. Not only has Core tried to increase Celsius\' hosting fee, contrary to their agreement, but they also blocked them from joining an Ad Hoc committee of secured convertible noteholders, who have been in discussions with Core to restructure debt, citing the ongoing litigation, Celsius said in its objection. The "most important" part of the conversation around the contract is the transition period, Judge Jones said. Core Scien **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-01-04 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $324,896,330,100 - Hash Rate: 242356482.0108761 - Transaction Count: 277936.0 - Unique Addresses: 652878.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.29 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Avalanche(AVAX), the token powering the eponymous blockchain, is up 6.9% over the past 24 hours and is currently trading at a weekly high of $13.65, according to data fromCoinGecko. With a market cap of $4.23 billion, AVAX is currently the market’s 20th largest crypto asset. The rapid price increase is likely due to Tuesday'sreleaseof a mobile version of Core, Ava Lab’s flagship non-custodial multichain wallet, which aims to connectDeFi,NFT, and gaming ecosystems across the Avalanche,Bitcoin, andEthereumnetworks, as well as other EVM-compatible blockchains. Avalanche’s Core Wallet Goes Mobile With Android Launch The price of AVAX surged as soon as the announcement was made public, hitting a daily high of $14.07 before retracting to current levels. Other notable developments that may have had a positive impact on the price of the asset include Coinbaselaunchingthe ability to trade the USDC stablecoin on Avalanche. The Avalanche teampraisedthe move, saying that this creates “the fastest and least expensive way… to go from cash to flagship DeFi apps like Aave, Curve, Trader Joe, BENQI, and more.” Solana(SOL), which came underincreased scrutinyin the wake of the FTX collapse, surged 5.4% over the day, currently trading at $13.94, perCoinGecko. Despite a slight drop of -2.5% over the last week, SOL appears to have largely overcome the turmoil across the cryptocurrency market in November, with the token’s price rising 5.2% over the past 30 days. Boasting a market capitalization of $5.1 billion, Solana is currently the 17th largest blockchain network. Elsewhere, bulls had an upper hand over the last day, withBitcoin(BTC) flirting with the $18,000 level across major exchanges on Tuesday. The world’s largest cryptocurrency is up 3.8% over the past 24 hours, changing hands at $17,803 by press time, perCoinGecko. Ethereum(ETH) is up 2.8% over the span, currently trading at $1,321. The broader cryptocurrency market rose from roughly $881 billion on Tuesday to just above $907 billion today, marking a rise of 3% for the industry's market capitalization. The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. **Today's Key News:** ['Bitcoin and Ether rose in Thursday morning trading in Asia along with most other top 10 non-stablecoin cryptocurrencies. Cardano led the gainers, while Litecoin and Tron were the only ones on that list to fall. Economic data from the U.S. on Wednesday indicated inflation is easing, but this was muted by concerns the Federal Reserve remains set on raising interest rates. See related article: Indonesia to set up crypto stock exchange this year: report Fast facts Bitcoin rose 1.1% to US$16,863 in the 24 hours to 8 a.m. in Hong Kong, while Ethereum jumped 3.4% to US$1,256, according to pricing data from CoinMarketCap . Cardano rose 5.9% to change hands at US$0.26, gaining the most on CoinMarketCap’s list, and bringing its advance for the calendar week to 7.8%. BNB added 5.2% to trade at US$258.98 for a weekly gain of 6.1%. Litecoin fell 0.2% to US$75.42, though is still up 13.7% for the week after reporting a record number for transactions on the network in 2022. Tron slipped 0.2% to US$0.054, bringing its weekly gain to 1.1%. The total crypto market capitalization rose 1.9% to US$819.8 billion. Trading volume climbed 35.2% to US$35.7 billion. U.S. equities gained on Wednesday, though trading was choppy amid the mixed signals from the economy and the Fed. The Dow Jones Industrial Average rose 0.4%, the S&P 500 Index climbed 0.8% and the Nasdaq Composite Index finished the day 0.7% higher. The U.S. Institute for Supply Management on Wednesday said its manufacturing index fell to 48.4 in December for a second straight month of declines. Figures below 50 indicate a contraction in manufacturing. The U.S. Department of Labor’s Job Openings and Labor Turnover Survey (JOLTs) showed 10.46 million jobs were available in November, which was higher than expected, but down for a second straight month. While these indicators suggest inflation is easing, the minutes for the U.S. Federal Reserve’s December meeting released the same day show the central bank is committed to keeping interest rates high to tame inflation. The Fed raised rates by 50-basis points in December, bringing benchmark rates to between 4.25% and 4.5% — the highest in 15 years. The latest U.S. Consumer Price Index (CPI) showed that inflation was up 7.1% in November compared to last year, though a decline from readings of 7.7% in October and 8.2% in September. The December CPI will be released on January 12 at 8:30 a.m. Eastern Time. See related article: Indian crypto exchanges may lose US$1.2 trillion of trade volume in next four years: research', 'Bitcoin and Ether rose in Thursday morning trading in Asia along with most other top 10 non-stablecoin cryptocurrencies. Cardano led the gainers, while Litecoin and Tron were the only ones on that list to fall. Economic data from the U.S. on Wednesday indicated inflation is easing, but this was muted by concerns the Federal Reserve remains set on raising interest rates.\nSee related article:Indonesia to set up crypto stock exchange this year: report\n• Bitcoin rose 1.1% to US$16,863 in the 24 hours to 8 a.m. in Hong Kong, while Ethereum jumped 3.4% to US$1,256, according to pricingdata from CoinMarketCap.\n• Cardano rose 5.9% to change hands at US$0.26, gaining the most on CoinMarketCap’s list, and bringing its advance for the calendar week to 7.8%. BNB added 5.2% to trade at US$258.98 for a weekly gain of 6.1%.\n• Litecoin fell 0.2% to US$75.42, though is still up 13.7% for the week after reporting a record number for transactions on the network in 2022. Tron slipped 0.2% to US$0.054, bringing its weekly gain to 1.1%.\n• The total crypto market capitalization rose 1.9% to US$819.8 billion. Trading volume climbed 35.2% to US$35.7 billion.\n• U.S. equities gained on Wednesday, though trading was choppy amid the mixed signals from the economy and the Fed. The Dow Jones Industrial Average rose 0.4%, the S&P 500 Index climbed 0.8% and the Nasdaq Composite Index finished the day 0.7% higher.\n• The U.S. Institute for Supply Management on Wednesday said its manufacturing index fell to 48.4 in December for a second straight month of declines. Figures below 50 indicate a contraction in manufacturing.\n• The U.S. Department of Labor’s Job Openings and Labor Turnover Survey (JOLTs) showed 10.46 million jobs were available in November, which was higher than expected, but down for a second straight month.\n• While these indicators suggest inflation is easing, the minutes for the U.S. Federal Reserve’s December meeting released the same day show the central bank is committed to keeping interest rates high to tame inflation. The Fed raised rates by 50-basis points in December, bringing benchmark rates to between 4.25% and 4.5% — the highest in 15 years.\n• The latest U.S. Consumer Price Index (CPI) showed that inflation was up 7.1% in November compared to last year, though a decline from readings of 7.7% in October and 8.2% in September. The December CPI will bereleasedon January 12 at 8:30 a.m. Eastern Time.\nSee related article:Indian crypto exchanges may lose US$1.2 trillion of trade volume in next four years: research', 'Bitcoin and Ether rose in Thursday morning trading in Asia along with most other top 10 non-stablecoin cryptocurrencies. Cardano led the gainers, while Litecoin and Tron were the only ones on that list to fall. Economic data from the U.S. on Wednesday indicated inflation is easing, but this was muted by concerns the Federal Reserve remains set on raising interest rates.\nSee related article:Indonesia to set up crypto stock exchange this year: report\n• Bitcoin rose 1.1% to US$16,863 in the 24 hours to 8 a.m. in Hong Kong, while Ethereum jumped 3.4% to US$1,256, according to pricingdata from CoinMarketCap.\n• Cardano rose 5.9% to change hands at US$0.26, gaining the most on CoinMarketCap’s list, and bringing its advance for the calendar week to 7.8%. BNB added 5.2% to trade at US$258.98 for a weekly gain of 6.1%.\n• Litecoin fell 0.2% to US$75.42, though is still up 13.7% for the week after reporting a record number for transactions on the network in 2022. Tron slipped 0.2% to US$0.054, bringing its weekly gain to 1.1%.\n• The total crypto market capitalization rose 1.9% to US$819.8 billion. Trading volume climbed 35.2% to US$35.7 billion.\n• U.S. equities gained on Wednesday, though trading was choppy amid the mixed signals from the economy and the Fed. The Dow Jones Industrial Average rose 0.4%, the S&P 500 Index climbed 0.8% and the Nasdaq Composite Index finished the day 0.7% higher.\n• The U.S. Institute for Supply Management on Wednesday said its manufacturing index fell to 48.4 in December for a second straight month of declines. Figures below 50 indicate a contraction in manufacturing.\n• The U.S. Department of Labor’s Job Openings and Labor Turnover Survey (JOLTs) showed 10.46 million jobs were available in November, which was higher than expected, but down for a second straight month.\n• While these indicators suggest inflation is easing, the minutes for the U.S. Federal Reserve’s December meeting released the same day show the central bank is committed to keeping interest rates high to tame inflation. The Fed raised rates by 50-basis points in December, bringing benchmark rates to between 4.25% and 4.5% — the highest in 15 years.\n• The latest U.S. Consumer Price Index (CPI) showed that inflation was up 7.1% in November compared to last year, though a decline from readings of 7.7% in October and 8.2% in September. The December CPI will bereleasedon January 12 at 8:30 a.m. Eastern Time.\nSee related article:Indian crypto exchanges may lose US$1.2 trillion of trade volume in next four years: research', "U.S. Regulators are starting 2023 off with a new round of cases targeting cryptocurrency scams. Six individuals and two companies tied to an investment scheme called CoinDeal werechargedon Wednesday by the U.S. Securities and Exchange Commission in the U.S. District Court for the Eastern District of Michigan.\n“We allege the defendants falsely claimed access to valuable blockchain technology and that the imminent sale of the technology would generate investment returns of more than 500,000 times for investors,” said Daniel Gregus, Director of the SEC’s Chicago Regional Office.\nThe SEC has charged Neil Chandran, Garry Davidson, Michael Glaspie, Amy Mossel, and Linda Knott for their role in CoinDeal, a scheme the agency says raised more than $45 million from sales of what it calls unregistered securities to thousands of investors worldwide. The agency also filed charges against AEO Publishing Inc, Banner Co-Op, Inc, and BannersGo, LLC.\nChandran is already behind bars, awaiting trial in a separate investment fraud case under the U.S. Justice Department.\nSEC Charges Trade Coin Club for $295 Million Bitcoin Ponzi Scheme\n“As alleged in our complaint, in reality, this was all just an elaborate scheme where the defendants enriched themselves while defrauding tens of thousands of retail investors,” Gregus said.\nThe SEC says the defendants used the money from the CoinDeal scam to purchase cars, real estate, and a boat.\nThe SEC seeks to reclaim the money allegedly stolen by the defendants along with pre-judgment interest, penalties, and permanent injunctions against all defendants.\nFrom January 2019 to 2022, the agency alleges the group made false and misleading claims that investors could generate high returns by investing in CoinDeal, which the group promoted as a blockchain technology company. But in its filing, the SEC says no token sale or distribution ever occurred.\nThe defendants are charged with violating the antifraud and registration provisions of the Securities Act and Exchange Act.\nKim Kardashian to Pay $1.26 Million Fine for Illegally Shilling Ethereum Token\nThis isn't the first run-in with the law for defendant Chandran. In June 2022, the U.S. Justice Department arrested andchargedhim with three counts of wire fraud for his role in defrauding investors in a separate scheme in which he **Last 60 Days of Bitcoin's Closing Prices:** [] Use the additional daily data provided in the input below for crucial context.
Daily Context for Date: 2023-01-05 **Financial & Commodity Data:** - Gold Closing Price: N/A - Crude Oil Closing Price: N/A **Bitcoin Market & On-Chain Metrics:** - Market Capitalization: $324,562,648,775 - Hash Rate: 266083690.039913 - Transaction Count: 279391.0 - Unique Addresses: 682119.0 **Social & AI Sentiment:** - Fear & Greed Index: 0.29 **Other Textual Data:** - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin andEtherinched down during Asia trading hours on Friday afternoon, with Dogecoin leading losses among the top 10 largest non-stablecoin cryptocurrencies by market capitalization. See related article:A series of events: Crypto’s 2022 timeline • Bitcoin fell by 0.36% in the past 24 hours, to trade at US$16,487 by 4:30 p.m. in Hong Kong. Ether lost 0.31% to change hands at US$1,189, according toCoinMarketCapdata. • Dogecoindecreased 3.95% to trade at US$0.068, and Polygon’s Matic saw the second biggest loss, down by 3.21% to US$0.75. • The global crypto market cap decreased 0.64% over the last 24 hours to US$790 billion,  and total crypto market volumes fell 3.51% to US$27.49 billion. • Asia equity markets were up following Wall Street’s recovery. Japan’s Nikkei 225 rallied 0.83%, the Shanghai Composite Index gained 0.51%, and Hong Kong’s Hang Seng Index inched up by 0.2%. • Bitcoin fell below the US$17,000 mark on Dec. 16 after the U.S. Federal Reserve raised interest rates by half a percentage point to the range of 4.25%-4.5% – the highest rates in 15 years. Bitcoin has since remained under US$17,000, prompting concerns among investors about more potential downside for the crypto market. See related article:Are VCs looking for the next big crypto star in 2023?... - Reddit Posts (Sample): [['u/Carefulltrader', 'How can I sell crypto under 18 with no kyc?', 11, '2023-01-05 01:31', 'https://www.reddit.com/r/Bitcoin/comments/103ka1b/how_can_i_sell_crypto_under_18_with_no_kyc/', 'I hope me saying this isn’t against the group rules, I have a question guys, I’m under 18 and trying to sell bitcoin in canada with no kyc, how can I do that? Thanks everyone!', 'https://www.reddit.com/r/Bitcoin/comments/103ka1b/how_can_i_sell_crypto_under_18_with_no_kyc/', '103ka1b', [['u/Raphman90', 16, '2023-01-05 01:47', 'https://www.reddit.com/r/Bitcoin/comments/103ka1b/how_can_i_sell_crypto_under_18_with_no_kyc/j2zi4ty/', 'Take a gander at bisq, hodlhodl, and robosats. All KYC free', '103ka1b']]], ['u/OpticallyMosache', "I've never been as intrigued, involved, and obsessed with an investment before crypto", 29, '2023-01-05 01:48', 'https://www.reddit.com/r/CryptoCurrency/comments/103kngg/ive_never_been_as_intrigued_involved_and_obsessed/', "I've held traditional investments for many years. Occasionally feeling passionate about a specific stock but nothing like what was ignited with crypto. Once the idea of Bitcoin clicked, I became obsessed with learning more and exploring the broader crypto ecosystem. It's a strange reaction to an investment. More like the discovery of a new tool?\n\nAll my other investments feel more like requirements for retirement or to be diversified with my savings. They've mostly become empty ticker symbols with changes in price I like to watch.\n\nOwning crypto feels like I'm part of the actual equation. I feel more protective and passionate about my crypto bag. It's alive while everything else feels dead. It's quite amazing to experience economics so intimately.\n\nRegardless of price, I feel like I still own something. I'm still interested in it despite declining prices. I haven't just stepped away like I have with my traditional investments. I'm still here and still very interested.", 'https://www.reddit.com/r/CryptoCurrency/comments/103kngg/ive_never_been_as_intrigued_involved_and_obsessed/', '103kngg', [['u/TruthSeeekeer', 14, '2023-01-05 01:52', 'https://www.reddit.com/r/CryptoCurrency/comments/103kngg/ive_never_been_as_intrigued_involved_and_obsessed/j2zixy5/', 'You come for the gains. \n\nYou get addicted because of the volatility.', '103kngg']]], ['u/callmetotalshill', 'The case of Irma Gómez, the woman that called Bitcoin a Scam in 2009 and disappeared.', 54, '2023-01-05 05:29', 'https://www.reddit.com/r/conspiracy/comments/103pi10/the_case_of_irma_gómez_the_woman_that_called/', 'I\'m going to sound uncanny to some but bear with me.\n\nIn 2009 there was a contest show in El Salvador, called "Fin de Semana"(Weekend) every saturday, was like your average Contest Show in the U.S., but they apart from trivias had sections with singers and musicians. \n\nAround April that year, there was a singer called Irma Gómez, from the group "Magia del Cielo", they were from a pseudocristian cult(La Familia Internacional) , you may have seen Irma as Kathy from "Kathy Don\'t Go"(https://www.youtube.com/watch?v=xzjYSevMPeo).\n\nWhen she was invited on F.D.S she was asked by the host what their belief system was and if she had anything to say to the audience, she said(not really citing, memory is not that good): "Here it\'s going to come a con, a scam known as bitcoin, which will bring us to the actual Mark of the Beast and is going to peak when every single human being complies with the Muzzle from the Dictator" (Bukele?).\n\nShe was kidnapped that day outside of the Salvadoran Broadcasting Corporation(TCS) headquarters, to never be seen again.\n\nI know this is not Halloween, but I wanted to share that story.', 'https://www.reddit.com/r/conspiracy/comments/103pi10/the_case_of_irma_gómez_the_woman_that_called/', '103pi10', [['u/dizzytinfoil', 10, '2023-01-05 08:03', 'https://www.reddit.com/r/conspiracy/comments/103pi10/the_case_of_irma_gómez_the_woman_that_called/j30sp9b/', 'Nice story gotta nifty video of it? I just finished watching ghost busters so this is right up my alley', '103pi10']]], ['u/AutoModerator', '[Daily Discussion] - Thursday, January 05, 2023', 28, '2023-01-05 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/103q3ve/daily_discussion_thursday_january_05_2023/', "**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⚡**Tip Fellow Redditors over the Lightning Network**⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\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/103q3ve/daily_discussion_thursday_january_05_2023/', '103q3ve', [['u/I_AM_DEATH-INCARNATE', 20, '2023-01-05 10:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/103q3ve/daily_discussion_thursday_january_05_2023/j315s0b/', "It's a Bitcoin trading sub... We're here to make more btc or fiat, not cheerlead the coin", '103q3ve'], ['u/Outrageous-Net-7164', 16, '2023-01-05 13:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/103q3ve/daily_discussion_thursday_january_05_2023/j31gpr5/', 'Ladder in during bear markets.\n\nLadder out during bull markets.\n\nRepeat.', '103q3ve'], ['u/Beingoodfornothing', 11, '2023-01-05 14:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/103q3ve/daily_discussion_thursday_january_05_2023/j31nevu/', 'Silvergate capital yesterday up 27%. Right now in premarket down 35%.', '103q3ve'], ['u/aeronbuchanan', 12, '2023-01-05 14:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/103q3ve/daily_discussion_thursday_january_05_2023/j31oris/', 'Some context: https://www.coindesk.com/business/2023/01/05/silvergate-cuts-40-jobs-writes-off-diem-asset-acquisition/', '103q3ve'], ['u/EquitiesFIRE', 10, '2023-01-05 15:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/103q3ve/daily_discussion_thursday_january_05_2023/j31x3m8/', 'Mining difficulty is expected to increase in 10 days, harsh difference to miner capitulation. \n\nWe could have a halving as early as Q1 next year', '103q3ve'], ['u/hajoeojah', 10, '2023-01-05 15:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/103q3ve/daily_discussion_thursday_january_05_2023/j31yu39/', 'Summary of developments to bitcoin and lightning in 2022 by Bitcoinops:\n\nhttps://bitcoinops.org/en/newsletters/2022/12/21/', '103q3ve'], ['u/rain-is-wet', 21, '2023-01-05 16:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/103q3ve/daily_discussion_thursday_january_05_2023/j32497a/', 'On this day 5 years ago the bitcoin price was higher than it was today - we used to be able to say that no one who held for 4 years ever lost money, now we have to say 6... \n\nSo another record broken gentleman! And a buy signal if ever I saw one. :)', '103q3ve'], ['u/megahorse17', 12, '2023-01-05 18:06', 'https://www.reddit.com/r/BitcoinMarkets/comments/103q3ve/daily_discussion_thursday_january_05_2023/j32lnzv/', 'Genesis is gonna fall', '103q3ve'], ['u/dktunzldk', 14, '2023-01-05 18:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/103q3ve/daily_discussion_thursday_january_05_2023/j32p4n1/', ">My chart shows BTC 5Y at -3.77% and the second coin at +25.38%. Maybe it means something idk.\n\nDog coin at +300% is even better than buterin's proof of 60% premined no-withdraw-stake scamcoin.\n\n\n>I can’t talk about it here due to the censorship. Maybe that means something too.\n\nThere is an altcoin thread. If the shitcoin shills were allowed free range all bitcoin discussion would be overrun with shitcoin peddling.", '103q3ve'], ['u/xtal_00', 10, '2023-01-05 18:34', 'https://www.reddit.com/r/BitcoinMarkets/comments/103q3ve/daily_discussion_thursday_january_05_2023/j32qbqd/', "If you're worried about losing fiat value, don't buy Bitcoin. Period.\n\nDon't defend Bitcoin. You're wasting time where you could be doing something productive to gain more sats. I encourage people to not get involved.\n\nThose who are ready will seek out answers. Those who are not may never be saved.\n\nSave the preaching for missionaries. Stack.", '103q3ve'], ['u/delgrey', 13, '2023-01-05 19:14', 'https://www.reddit.com/r/BitcoinMarkets/comments/103q3ve/daily_discussion_thursday_january_05_2023/j32x3cf/', "Fired 30% of their staff today. Ya they in trouble. I hope Barry gets what's comin to him. Maybe he'll be forced to give up Grayscale ha!", '103q3ve'], ['u/anon-187101', 10, '2023-01-05 19:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/103q3ve/daily_discussion_thursday_january_05_2023/j32yi2e/', 'Gemini will be fine.\n\n"Gemini Earn" on the other hand? Not sure.', '103q3ve'], ['u/xtal_00', 12, '2023-01-05 20:13', 'https://www.reddit.com/r/BitcoinMarkets/comments/103q3ve/daily_discussion_thursday_january_05_2023/j3379dh/', 'Earn is fucked. Condolences to those affected for their loss.\n\nGemini is not the same entity.', '103q3ve'], ['u/gozunker', 13, '2023-01-05 22:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/103q3ve/daily_discussion_thursday_january_05_2023/j33vrfj/', 'I’ve realized that my biggest problem in a bear market is boredom. FUD doesn’t sway me, big drops I look forward to, but prolonged sideways action is painfully boring. I feel like that meme with the stick guy poking at Bitcoin saying “just do something”.', '103q3ve']]], ['u/Gojiero', 'Monero money symbol', 29, '2023-01-05 06:04', 'https://www.reddit.com/r/Monero/comments/103q746/monero_money_symbol/', ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.