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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: ['SEC Chair Gary Gensler will be in the hot seat on Tuesday, the star witness before the full U.S. House Committee on Financial Services on the topic of "Oversight of the Securities and Exchange Commission." The next day, the Subcommittee on Digital Assets, Financial Technology and Inclusion will take up draft legislation relating to stablecoins. On the regulatory front, Gensler has found himself again under fire from within his own agency, with SEC Commissioner Hester Peirce on Friday filing a robust dissent against Gensler\'s latest policy move , which changes the statutory definition of a securities exchange to include cryptocurrency and digital asset exchanges. Gensler said amendments to the definition of \x93exchange\x94 under the federal Exchange Act Rule are necessary to address platforms that trade crypto asset securities, including "so-called \'DeFi\' systems," asserting that "many crypto trading platforms already come under the current definition of an exchange." Pierce titled her rebuttal, "Rendering Innovation Kaput." SEC\x92s Hester Peirce Says Gensler\x92s Plan to Target DeFi Undermines First Amendment "Rather than embracing the promise of new technology as we have done in the past, here we propose to embrace stagnation, force centralization, urge expatriation, and welcome extinction of new technology," Pierce wrote, going as far as to say the SEC\'s release "undermines fundamental First Amendment protections." The dispute over the definition of an exchange is only one of the items on the Financial Services Committee agenda, however. "This hearing will examine the regulatory developments, rulemakings, and activities that the SEC has undertaken in the period since the last hearing on October 5, 2021," explained the committee majority staff, including the definition change that "potentially [expands] the SEC\x92s authority over digital asset trading platforms." Story continues Also on the docket, a SEC declaration from last March calling on digital asset custodians to change the way they report liabilities and assets\x97which some lawmakers said increased potential losses . The committee will also revisit a SEC proposal made in February that called for registered investment advisors to include Bitcoin holdings among other assets held by "qualified custodians." \x93In what is becoming something of a habit, the Commission is once more proposing to dictate contract provisions involving entities the Commission does not regulate,\x94 Peirce said at the time. \x93The Commission does not have authority to regulate custodians directly, but we propose to regulate them indirectly." SEC\x92s Hester Peirce Says Gensler\x92s Plan to Target DeFi Undermines First Amendment The next day, Congress will take up the topic, "Understanding Stablecoins\x92 Role in Payments and the Need for Legislation." The Wednesday hearing agenda includes reviewing 72 pages of draft legislation "to provide requirements for payment stablecoin issuers, research on a digital dollar, and for other purposes." The draft bill includes extensive definitions, establishes requirements at the federal and state level to issue stablecoins, and sets up standards for interoperability, reporting, and enforcement. The legislation also calls for a two year moratorium on new stablecoins until a study can be completed by the U.S. Treasury. Jeremy Allaire, Co-founder & CEO of Circle, called the bill "a product of bi-partisan efforts" and "the first comprehensive proposed law for Payment stablecoins." Draft US Digital Dollar / Payment Stablecoin Bill Enters Congress 1/ A product of bi-partisan efforts, the first comprehensive proposed law for Payment Stablecoins has arrived in Congress. Some thoughts below: https://t.co/SD0x2oQMmk \x97 Jeremy Allaire (@jerallaire) April 15, 2023 "It\'s an extraordinary moment for the future of the dollar in the world, and the future of currency on the internet," Allaire declared on Twitter. "It\'s time for US leadership, and that means clear regulation and empowering entrepreneurship and innovation within the framework of US prudential law." Among those expected to testify are Dante Disparte, Chief Strategy Officer and global policy head at Circle, Jake Chervinsky, Chief Policy Officer at the Blockchain Association, Columbia Business School adjunct assistant professor Austin Campbell, and Adrienne A. Harris, sSuperintendent of the New York State Department of Financial Services. Advising followers to tune into the Wednesday hearing, Allaire acknowledged that the proposed bill still needs more work. "While comprehensive, there are clearly open and challenging issues with the bill as proposed, and now is the time for our country and political leaders to really dig in and get this right," he said. "The role of the dollar in the world is at stake."', 'SEC Chair Gary Gensler will be in the hot seat on Tuesday, the star witness before the full U.S. House Committee on Financial Services on the topic of "Oversight of the Securities and Exchange Commission." The next day, the Subcommittee on Digital Assets, Financial Technology and Inclusion will take up draft legislation relating to stablecoins.\nOn the regulatory front, Gensler has found himself again under fire from within his own agency, with SEC Commissioner Hester Peirce on Friday filing arobust dissentagainst Gensler\'slatest policy move, which changes the statutory definition of a securities exchange to include cryptocurrency and digital asset exchanges.\nGensler said amendments to the definition of “exchange” under the federal Exchange Act Rule are necessary to address platforms that trade crypto asset securities, including "so-called \'DeFi\' systems," asserting that "many crypto trading platforms already come under the current definition of an exchange."\nPierce titled her rebuttal, "Rendering Innovation Kaput."\nSEC’s Hester Peirce Says Gensler’s Plan to Target DeFi Undermines First Amendment\n"Rather than embracing the promise of new technology as we have done in the past, here we propose to embrace stagnation, force centralization, urge expatriation, and welcome extinction of new technology," Pierce wrote, going as far as to say the SEC\'s release "undermines fundamental First Amendment protections."\nThe dispute over the definition of an exchange is only one of the items on the Financial Services Committee agenda, however.\n"This hearing will examine the regulatory developments, rulemakings, and activities that the SEC has undertaken in the period since the last hearing on October 5, 2021,"explainedthe committee majority staff, including the definition change that "potentially [expands] the SEC’s authority over digital asset trading platforms."\nAlso on the docket, a SEC declaration from last March calling on digital asset custodians to change the way they report liabilities and assets—which some lawmakers saidincreased potential losses. The committee will also revisit a SEC proposal made in February that called for registered investment advisors to include Bitcoin holdings among other assets held by "qualified custodians."\n“In what is becoming something of a habit, the Commission is once more proposing to dictate contract provisions involving entities the Commission does not regulate,” Peirce said at the time. “The Commission does not have authority to regulate custodians directly, but we propose to regulate them indirectly."\nSEC’s Hester Peirce Says Gensler’s Plan to Target DeFi Undermines First Amendment\nThe next day, Congress will take up the topic, "Understanding Stablecoins’ Role in Payments and the Need for Legislation." The Wednesday hearing agenda includes reviewing 72 pages ofdraft legislation"to provide requirements for payment stablecoin issuers, research on a digital dollar, and for other purposes."\nThe draft bill includes extensive definitions, establishes requirements at the federal and state level to issue stablecoins, and sets up standards for interoperability, reporting, and enforcement. The legislation also calls for a two year moratorium on new stablecoins until a study can be completed by the U.S. Treasury.\nJeremy Allaire, Co-founder & CEO of Circle, called the bill "a product of bi-partisan efforts" and "the first comprehensive proposed law for Payment stablecoins."\n"It\'s an extraordinary moment for the future of the dollar in the world, and the future of currency on the internet," Allaire declared on Twitter. "It\'s time for US leadership, and that means clear regulation and empowering entrepreneurship and innovation within the framework of US prudential law."\nAmong those expected to testify are Dante Disparte, Chief Strategy Officer and global policy head at Circle, Jake Chervinsky, Chief Policy Officer at the Blockchain Association, Columbia Business School adjunct assistant professor Austin Campbell, and Adrienne A. Harris, sSuperintendent of the New York State Department of Financial Services.\nAdvising followers to tune into the Wednesday hearing, Allaire acknowledged that the proposed bill still needs more work.\n"While comprehensive, there are clearly open and challenging issues with the bill as proposed, and now is the time for our country and political leaders to really dig in and get this right," he said. "The role of the dollar in the world is at stake."', 'High-profile tech entrepreneur Bob Lee was stabbed to death outside a luxury apartment building in San Francisco in the early hours of 4 April. The 43-year-old was found at 2.35am outside a luxury high rise apartment on the 300 block of Main St, near Rincon Hill and the Bay Bridge, with life-threatening stab wounds, the San Francisco Police Department said in a statement. The tech executive was treated at the scene by first responders before being rushed to hospital where he died from his injuries, police said. Police arrested fellow tech executive Nima Momeni on 13 April in connection with the killing and he was booked into the San Francisco Sheriff’s Jail. The reported Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-04-16 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $585,844,949,500 - Hash Rate: 295183695.9763696 - Transaction Count: 232268.0 - Unique Addresses: 558992.0 Social & AI Sentiment: - Fear & Greed Index: 0.68 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: NEW YORK , March 15, 2023 /PRNewswire/ -- The global sports trading card market size is estimated to grow by USD 6.71 billion from 2021 to 2026, according to Technavio. The market is estimated to grow at a CAGR of 13.36% during the forecast period. The rising demand to acquire sports trading cards online is driving the sports trading card market growth significantly, although factors such as growing online data security issues may hinder the market growth. Technavio has announced its latest market research report titled Global Sports Trading Card Market 2022-2026 For more insights on the forecast market size (2021 to 2026) - Request a sample report What's New? Recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession Global competitiveness and key competitor positions Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - buy the report! Sports Trading Card Market - Segmentation Assessment Segment Overview Technavio has segmented the market based on distribution channel (online and offline) and geography ( Europe , North America , APAC, South America , and the Middle East and Africa ). The market share growth in the online segment will be significant during the forecast period. For instance, Panini Group., a US-based online sports trading card supplier, offers Panini's blockchain technology. This technology allows collectors to possess or trade Panini NFT trading cards. They are digital trading cards that exist on a blockchain network in the same manner as real trading cards. Hence, such developments are expected to fuel the growth of the market in the online segment during the forecast period. Geography Overview By geography, the global sports trading card market is segmented into Europe , North America , APAC, South America , and Middle East and Africa . The report provides actionable insights and estimates the contribution of all regions to the growth of the global sports trading card market. Europe is expected to contribute to 44% of the growth of the global sports trading card market during the forecast period. The growth in the sports trading card market in Europe is facilitated by the growth of the sports industry. Market growth in the Europe region is estimated to be slower than the growth of the market in APAC. Insights on the market contribution of various segments including country and region wise, and forecast market size (2021 to 2026) - Download a Sample Report Sports Trading Card Market – Vendor Analysis The sports trading card market has evolved from an early adopter to a multi-billion-dollar market, globally. Choice Marketing Sportscards, Futera Ltd., Leaf Trading Cards, NETPRO Trading Cards LLC, Panini group, Select Australia Pty Ltd, The Upper Deck Co., TOPPS Co. Inc., TRISTAR Productions Inc., and United States Baseball Federation Inc. are some of the prominent vendors in the market. Story continues Sports Trading Card Market – Market Dynamics Key factor driving market growth The growing demand to acquire sports trading cards online is one of the key drivers supporting the sports trading card market growth. The two technological advances, non- fungible tokens (NFTs) and blockchain technology have revolutionized the way fans obtain trading cards online. Moreover, the declining smartphone average selling price (ASP) and advancements in communication network infrastructure have led to the growth in smartphone adoption. This provides opportunities for fans to obtain sports trading cards online without worrying about misplacing them. Hence, the growing usage of technologies like blockchain, coupled with the increasing prevalence of smartphones, is likely to influence the growth of the market during the forecast period. Leading trends influencing the market The introduction of bitcoin to acquire sports trading cards online is a key sports trading card market trend contributing to the growth of the sports trading card market. Bitcoin is a digital, decentralized currency, which is used to make transactions over the Internet. It provides a high level of anonymity and is not regulated by the central bank of countries. Digital currency provides various advantages over regular currency, such as international transactions, easy deposits and withdrawals, lower fraud risks, and others. Furthermore, users do not have to provide personal details while using bitcoins to acquire sports trading cards. This leads to customer satisfaction and enhanced online acquisitions of sports trading cards. It is expected to increase the demand for sports trading cards during the forecast period. Major challenges hindering the market growth One of the factors hindering the sports trading card market growth is the increasing number of online data security issues. Most sports trading card websites do not possess a proper dispute resolution framework and lack transparency in payout processes. They also lack fair online trading standards, which reduces the credibility of online sports trading card platform providers. The credibility issues impact the growth of the sports trading cards market negatively and discourage new users from acquiring sports trading cards online. Hence, the growing online data security issues are expected to impede market growth during the forecast period. Insights on market drivers, trends, & challenges, and forecast period(2021 to 2026)- Request a sample report! What are the key data covered in this Sports Trading Card Market report? CAGR of the market during the forecast period Detailed information on factors that will drive the growth of the sports trading card market between 2022 and 2026 Precise estimation of the size of the sports trading card market and its contribution to the market with a focus on the parent market Accurate predictions about upcoming trends and changes in consumer behavior Growth of the sports trading card market across Europe , North America , APAC, South America , and Middle East and Africa A thorough analysis of the market's competitive landscape and detailed information about vendors Comprehensive analysis of factors that will challenge the growth of sports trading card market vendors Gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Related Reports: The online trading platform market size is expected to increase by USD 2.66 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.67%. The growth opportunities and demand for online trading platforms in the APAC region are key drivers fueling the market's growth. The sports analytics market size is expected to increase to USD 2.93 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 20.65%. One of the key factors driving the global sports analytics market growth is the growing adoption of cloud-based deployment solutions. Sports Trading Card Market Scope Report Coverage Details Base year 2021 Historic period 2017-2021 Forecast period 2022-2026 Growth momentum & CAGR Accelerate at a CAGR of 13.36% Market growth 2022-2026 USD 6.71 billion Market structure Concentrated YoY growth 2022-2023 (%) 12.65 Regional analysis Europe, North America, APAC, South America, and Middle East and Africa Performing market contribution Europe at 44% Key countries US, China, UK, France, and Germany, Canada, Mexico, Italy,Spain, India, Japan, Australia, and South Korea Competitive landscape Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks Key companies profiled Choice Marketing Sportscards, Futera Ltd., Leaf Trading Cards, NETPRO Trading Cards LLC, Panini group, Select Australia Pty Ltd, The Upper Deck Co., TOPPS Co. Inc., TRISTAR Productions Inc., and United States Baseball Federation Inc. Market dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. Browse for Technavio Consumer Discretionary market reports Table of Contents 1 Executive Summary 1.1 Market overview 2 Market Landscape 2.1 Market ecosystem 3 Market Sizing 3.1 Market definition 3.2 Market segment analysis 3.3 Market size 2021 3.4 Market outlook: Forecast for 2021-2026 4 Five Forces Analysis 4.1 Five forces summary 4.2 Bargaining power of buyers 4.3 Bargaining power of suppliers 4.4 Threat of new entrants 4.5 Threat of substitutes 4.6 Threat of rivalry 4.7 Market condition 5 Market Segmentation by Distribution Channel 5.1 Market segments 5.2 Comparison by Distribution Channel 5.3 Online - Market size and forecast 2021-2026 5.4 Offline - Market size and forecast 2021-2026 5.5 Market opportunity by Distribution Channel 6 Customer Landscape 6.1 Customer landscape overview 7 Geographic Landscape 7.1 Geographic segmentation 7.2 Geographic comparison 7.3 Europe - Market size and forecast 2021-2026 7.4 North America - Market size and forecast 2021-2026 7.5 APAC - Market size and forecast 2021-2026 7.6 South America - Market size and forecast 2021-2026 7.7 Middle East and Africa - Market size and forecast 2021-2026 7.8 US - Market size and forecast 2021-2026 7.9 UK - Market size and forecast 2021-2026 7.10 France - Market size and forecast 2021-2026 7.11 China - Market size and forecast 2021-2026 7.12 Germany - Market size and forecast 2021-2026 7.13 Market opportunity by geography 8 Drivers, Challenges, and Trends 8.1 Market drivers 8.2 Market challenges 8.3 Impact of drivers and challenges 8.4 Market trends 9 Vendor Landscape 9.1 Overview 9.2 Vendor landscape 9.3 Landscape disruption 9.4 Industry risks 10 Vendor Analysis 10.1 Vendors covered 10.2 Market positioning of vendors 10.3 Choice Marketing Sportscards 10.4 Futera Ltd. 10.5 Leaf Tra... - Reddit Posts (Sample): [['u/AmogusTD', 'Bitcoin Whitepaper', 50, '2023-04-16 01:02', 'https://www.reddit.com/r/Buttcoin/comments/12nm46s/bitcoin_whitepaper/', 'I read the abstract and introduction of the Bitcoin white paper and noticed how the author states that the need for trusted third parties is reduced.\n\nBut in the same paragraph, there is this bit: “routine escrow mechanisms could easily be implemented to protect buyers.”\n\nWhat does this mean? Isn’t an escrow a trusted third-party? Does Bitcoin simply shift the burden of fraud from buyers to sellers without meaningfully reducing third-party reliance via its non-reversible transaction mechanism?', 'https://www.reddit.com/r/Buttcoin/comments/12nm46s/bitcoin_whitepaper/', '12nm46s', [['u/gaterooze', 41, '2023-04-16 01:04', 'https://www.reddit.com/r/Buttcoin/comments/12nm46s/bitcoin_whitepaper/jgezj4o/', 'Few understand.', '12nm46s'], ['u/therobotisjames', 23, '2023-04-16 01:40', 'https://www.reddit.com/r/Buttcoin/comments/12nm46s/bitcoin_whitepaper/jgf41fk/', 'Even less bother caring.', '12nm46s'], ['u/Potential-Coat-7233', 17, '2023-04-16 01:55', 'https://www.reddit.com/r/Buttcoin/comments/12nm46s/bitcoin_whitepaper/jgf5ztr/', 'Yeah the funniest shit is when Bitcoin purists aren’t even Bitcoin purists. Immutability is seen as a concept that will save the human race, but escrow can be considered a way to mute a transaction.', '12nm46s'], ['u/spookmann', 81, '2023-04-16 01:56', 'https://www.reddit.com/r/Buttcoin/comments/12nm46s/bitcoin_whitepaper/jgf64bd/', 'It\'s the #1 rule of Blockchain.\n\nBlockchain only ever "solves" the easy part of the problem - and makes the difficult parts more difficult.', '12nm46s'], ['u/Suspicious_Army_904', 20, '2023-04-16 03:54', 'https://www.reddit.com/r/Buttcoin/comments/12nm46s/bitcoin_whitepaper/jgfkcvd/', 'Few understand how early you are for the downvotes.', '12nm46s'], ['u/mojobox', 18, '2023-04-16 09:20', 'https://www.reddit.com/r/Buttcoin/comments/12nm46s/bitcoin_whitepaper/jggfvpf/', 'So exchanges are trustworthy enough to buy but not trustworthy enough to hold? Sure…', '12nm46s']]], ['u/Xorglord', 'Pale Reflections: Go for the Throat (11)', 18, '2023-04-16 04:06', 'https://www.reddit.com/r/Parahumans/comments/12nr5fd/pale_reflections_go_for_the_throat_11/', "Happy National Eggs Benedict Day, Kennet Citizens!\n\nPale Reflections handles Go for the Throat 23.f. Dorian goes back to the 60s, showing his opponents the strength of flower power. Grass beats Fire, as the TQ delivers an almighty combo to take down the Girl By Candlelight. Then, Griffin creeps his way through the female Negateers, before being walked all over by a girl in a bunny mask.\n\nDiscussion Question: Which boundary spirit would you want to host? ([here's the reference EM if you need it](https://palewebserial.wordpress.com/2021/11/05/15-2-spoilers-keeping-tabs-kennet/))\n\nYou can find the [episode here](https://www.doofmedia.com/2023/04/15/pale-reflections-go-for-the-throat-11/).\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/12nr5fd/pale_reflections_go_for_the_throat_11/', '12nr5fd', [['u/MyynMyyn', 14, '2023-04-16 14:34', 'https://www.reddit.com/r/Parahumans/comments/12nr5fd/pale_reflections_go_for_the_throat_11/jgh3p0g/', "You wondered what the new magic school under Kennet's management would be called. Since you also called out how much of an MVP the Turtle Queen has been, it's obvisouly going to be the Black, Green and Gold Heron Institute...\n\nYes, the school uniforms are mandatory. What could possibly go wrong?", '12nr5fd']]], ['u/AutoModerator', '[Daily Discussion] - Sunday, April 16, 2023', 39, '2023-04-16 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_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\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/', '12nudtf', [['u/regxbN78', 21, '2023-04-16 09:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/jggfi4h/', "Some napkin math on bitcoin price in the next epoch... My guess is $30K will turn out to be the average price of this epoch. For the previous epoch it was what, $8K? So that's a 3.75x increase. The impact of each halving is a bit less dramatic each time, so let's say we get just 3x boost to the average price after this next halving. So that says a conservative estimate of average price after the next halving is ~$90K. Sound about right?", '12nudtf'], ['u/RabbitProofFences', 12, '2023-04-16 10:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/jggmokc/', 'This is crazy talk : https://www.coindesk.com/policy/2023/04/14/sweden-drives-final-nail-into-its-bitcoin-mining-industry-with-tax-hike/\n\nLiterally all miners need to do is find grids with high production and low consumption and move in to tap into that excess.\n\nThis will probably spawn a new wave of offshare mining hubs in developing states', '12nudtf'], ['u/sexyama', 11, '2023-04-16 11:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/jggorjy/', "What did they expect, it's Sweden.", '12nudtf'], ['u/TonyTuck', 16, '2023-04-16 11:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/jggpiy2/', 'He is buying everything.\n\nHe bought you.\n\nYou are his possession now.', '12nudtf'], ['u/Rape-Putins-Corpse', 11, '2023-04-16 13:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/jggyg95/', "Can't go down if he buys everything. I'm betting the farm.", '12nudtf'], ['u/4theWlN', 13, '2023-04-16 15:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/jgh9nr6/', "The last top was manipulated down via all the custodians stealing their client's coins and selling into the rally. It should have gone to at least 100k. So use that multiplier of 5x prior high or 30x prior low and then apply it with a discount to 3.5-4x here to get 350-400k from both multipliers.", '12nudtf'], ['u/jarederaj', 12, '2023-04-16 15:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/jghbdqi/', "I posted a price projection in February on TradingView that's unfolding fairly well.\n\nhttps://www.tradingview.com/chart/BTCUSD/DIixaxBA-MoonMath-Update-no-major-changes-in-years/\n\nIt isn't hard for this projection to perform, because targets are both conservative and broad:\n\n* Worst case start the halving at around 26k\n* Best case start the halving at around 80k\n\nBetween now and the halving prices could:\n\n* go as high as 69k\n* go as low as 26k\n\nIn February, I also posted that I didn't think, at _any_ point, we'd exceed the teal line. But I will amend that prediction to say: we might peak somewhere _near_ the teal line toward the end of 2024. This would mean the next bull run caps at:\n\n* worst case 130k\n* best case 280k\n\nThat means, by buying today, you have a shot at 4-10x your net worth in 18 months.\n\n\nI’ll add that I think it’s possible for bitcoin to make it to 1m this cycle, but I just put very low odds on that. Going to 1m - 2m would be more like past bubbles. As others have pointed out, the last bubble was heavily impacted by FTX and their customer base.", '12nudtf'], ['u/pignmud', 15, '2023-04-16 17:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/jghoitp/', 'my goldfish swimming clockwise - 🚀 soon', '12nudtf'], ['u/[deleted]', 22, '2023-04-16 17:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/jghphpq/', 'bowlish', '12nudtf'], ['u/xtal_00', 14, '2023-04-16 18:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/jghuc9h/', "Traders provide liquidity to the markets, it's a valuable function.", '12nudtf'], ['u/Order_Book_Facts', 15, '2023-04-16 18:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/jgi1wlr/', 'Long term impact of traders on the market is effectively 0. They open and close every 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: ['Join the most important conversation in crypto and web3! Secure your seat today Good morning. Here’s what’s happening: Prices: Ether continued its ascent following last week\'s Shanghai upgrade on the Ethereum blockchain, reaching an 11-month high. Insights: Sufficiently decentralized ownership and control would prevent any single party from dictating AI development, CoinDesk Chief Content Officer Michael Casey writes. Prices CoinDesk Market Index (CMI) 1,324 +5.9 ▲ 0.4% Bitcoin (BTC) $30,325 +0.0 ▲ 0.0% Ethereum (ETH) $2,120 +27.8 ▲ 1.3% S&P 500 4,137.64 −8.6 ▼ 0.2% Gold $2,015 +13.0 ▲ 0.6% Nikkei 225 28,493.47 +336.5 ▲ 1.2% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,324 +5.9 ▲ 0.4% Bitcoin (BTC) $30,325 +0.0 ▲ 0.0% Ethereum (ETH) $2,120 +27.8 ▲ 1.3% S&P 500 4,137.64 −8.6 ▼ 0.2% Gold $2,015 +13.0 ▲ 0.6% Nikkei 225 28,493.47 +336.5 ▲ 1.2% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) For months traders speculated whether the ether ( ETH ) price would crash following the Ethereum blockchain\'s milestone Shanghai upgrade, or if it would rally. Now we know: Ether\'s price took off after last week\'s first-ever enabling of crypto withdrawals from the blockchain\'s staking mechanism , blowing past $2,000 on fresh enthusiasm that the success of the upgrade could lead to a surge in growth and investor interest. And it\'s kept rising, gaining on four of the past five days, and hitting a fresh 11-month high on Sunday around $2,141. The ETH price is now up 77% year-to-date, still trailing the bitcoin ( BTC ) price gain of 83% in 2023, but catching up fast . "The market\'s pessimism regarding Ethereum staking withdrawals proved excessive," as Sean Farrell, head of digital asset strategy at FundStrat, put it last week. Insights Web2’s Lesson for AI: Decentralize to Protect Humanity This is going to sound presumptuous coming from a guy who doesn’t write code, let alone have any direct experience in machine learning or artificial intelligence research. Story continues But I gotta say it: The recent alarmist demand for a six-month pause or even a militarily enforced shutdown in AI research – from people with experience, money and influence in the artificial intelligence industry – is founded on some fundamentally flawed thinking that will encourage the same destructive outcome for humanity that we seek to avoid. That the U.S. government is simultaneously orchestrating a crackdown on the crypto industry, a field of open-source innovation that develops the kind of cryptography and network coordination technologies needed to manage AI threats, makes this an especially dangerous moment for all of us. These doomsayers are computer scientists, not students of economic history. The issue is not, in and of itself, that an out-of-control AI could evolve to kill us all . (We all know that. For decades, Hollywood has taught us that it is so.) No, the task is to ensure that the economics of AI don’t intrinsically encourage that horrific result. We must prevent concentrated control of the inputs and outputs of AI machines from hindering our capacity to act together in the common interest. We need collective, collaborative software development that creates a computational antidote to these dystopian nightmares. You’re reading Money Reimagined , a weekly look at the technological, economic and social events and trends that are redefining our relationship with money and transforming the global financial system. Subscribe to get the full newsletter here . The answer does not lie in shutting down AI innovation and locking ChatGPT creator OpenAI, the industry leader that has taken the field to its current level of development, into pole position. On the contrary, that’s the best way to ensure the nightmare comes true. Read the full story here: Important events. Impact: FinTech Leading Through Change (London) 2:00 a.m. HKT/SGT(18:00 UTC) German Buba President Nagel Speech 5:30 a.m. HKT/SGT(21:30 UTC) European Central Bank\'s President Lagarde Speech CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Ether Tops $2.1K After Shanghai Upgrade; Governance Tokens of Liquid Staking Protocols See Gains Ether was over $2,100, as many investors opt for the prospect of additional liquidity while earning staking rewards over the desire to take immediate profits and run. Dexterity Capital managing partner Michael Safai shared his crypto markets analysis. Plus, Blockchain Association director of government relations Ron Hammond weighed in on the state of crypto regulation ahead of SEC chair Gary Gensler\'s testimony before lawmakers next week. And TurboTax tax expert Lisa Greene-Lewis shared tips on what crypto investors need to know ahead of Tax Day. Headlines Market Maker DWF Labs’ More Than $200M in Deals Blur What ‘Investing’ Means : DWF Labs made headlines with flurry of investments in crypto projects such as CryptoGPT or Synthetix. A closer examination reveals that many of their deals aren’t typical venture capital investments. However, the firm says it’s all a misunderstanding. How CoinDesk Will Use Generative AI Tools : Artificial intelligence (AI) tools are changing the way we work – especially the media. Here are the rules of the road for CoinDesk. Ethereum Layer 2 Network zkSync Era Jumps to Nearly $250M in Locked Value : More than 7 million transactions have been conducted on the network since launch, which can process 3.5 transactions per second, data shows. Avalanche Surges to 6-Month High in Daily Active Addresses : The spike coincided with a bevy of financial institutions joining Avalanche’s Evergreen subnet “Spruce.” AI Boosters Would Sacrifice Humanity for a Simulacra - as Long as They\'re in Control : AI boosterism and associated “long-termist” ideas may be a threat to your privacy, property and civil rights.', '(Bloomberg) -- Metalpha Technology Holding Ltd. is targeting a $100 million fund to invest in Bitcoin and other crypto products from Grayscale Investments LLC, offering Chinese investors with an appetite for crypto a regulated channel to get involved.\nMost Read from Bloomberg\n• Bud Light Kicked a Hornet’s Nest and Ran Away\n• A $300,000 Salary Feels Like $100,000 in The Priciest US Cities\n• Merck-Moderna Vaccine Helps Keep Patients Free From Skin Cancer\n• Fuel That Powers the Global Economy Is Flashing Recession Signs\n• In Morgan Stanley CEO Race, Wealth Boss Emerges as One to Watch\nThe licensed digital asset wealth manager, formerly known as Dragon Victory International, has secured $20 million for its new fund since March, said Adrian Wang, Metalpha’s president.\nBased in Hong Kong, the firm had been mulling relocation but decided to stay put after the city laid out plans to become a crypto trading hub. Its new fund was launched with NextGen Digital Venture, headed by Jason Huang, formerly of Alibaba Group Holding Ltd. co-founder Joe Tsai’s family office Blue Pool Capital.\nThe key selling point for the fund is providing a legally compliant way for investors in Asia from traditional finance backgrounds to access the so-called web3 space, or a decentralized version of the internet built around blockchain technology.\n“A lot of our clients are family offices with traditional backgrounds, rather than pure crypto or pure web3 native investors,” said Wang, who declined to share specific investor names. “It’s overseas Chinese institutions — some of them are family offices, some of them are public companies.”\nThe abrupt collapse of FTX last year reverberated across the crypto industry, shrinking risk appetites among investors from all classes. Metalpha sees that shock dissipating in recent times and believes its regulator-compliant offering will benefit from interest returning.\n“In the last quarter of 2022, especially after FTX collapsed, we had some difficulties and a lot of clients hesitated to place new orders, but now it’s getting much better,” Wang said. “A lot of new traffic is coming in and people are gaining more confidence.”\nMetalpha is backed by Singapore-based financier Antalpha, which has been working with Chinese Bitcoin mining rig firm Bitmain Technologies Ltd. to offer low-interest loans to crypto miners. The company competes with other lenders including Chinese billionaire Jihan Wu’s Matrixport Technologies Pte and the embattled Amber Group.\n--With assistance from Zheping Huang.\nMost Read from Bloomberg Businessweek\n• A Smart Gun Is Finally Here, But Does Anyone Want It?\n• Banking Crises Are Preventable, But Human Nature Gets in the Way\n• There Are No Fees at America’s Smallest Bank\n• Death, Taxes and ‘Teflon Don’\n• Women Tackle Football With a Full-Contact League of Their Own\n©2023 Bloomberg L.P.', '(Bloomberg) -- Metalpha Technology Holding Ltd. is targeting a $100 million fund to invest in Bitcoin and other crypto products from Grayscale Investments LLC, offering Chinese investors with an appetite for crypto a regulated channel to get involved.\nMost Read from Bloomberg\n• Bud Light Kicked a Hornet’s Nest and Ran Away\n• A $300,000 Salary Feels Like $100,000 in The Priciest US Cities\n• Merck-Moderna Vaccine Helps Keep Patients Free From Skin Cancer\n• Fuel That Powers the Global Economy Is Flashing Recession Signs\n• In Morgan Stanley CEO Race, Wealth Boss Emerges as One to Watch\nThe licensed digital asset wealth manager, formerly known as Dragon Victory International, has secured $20 million for its new fund since March, said Adrian Wang, Metalpha’s president.\nBased in Hong Kong, the firm had been mulling relocation but decided to stay put after the city laid out plans to become a crypto trading hub. Its new fund was launched with NextGen Digital Venture, headed by Jason Huang, formerly of Alibaba Group Holding Ltd. co-founder Joe Tsai’s family office Blue Pool Capital.\nThe key selling point for the fund is providing a legally compliant way for investors in Asia from 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: 2023-04-17 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $579,676,566,000 - Hash Rate: 368979619.9704619 - Transaction Count: 316193.0 - Unique Addresses: 665181.0 Social & AI Sentiment: - Fear & Greed Index: 0.69 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Terra founder and CEO Do Kwon Terra USD Bitcoin founder Do Kwon has been arrested in Montenegro after months on the run, according to Montenegrin officials. Interior Minister Filip Adzic announced on Twitter that a suspect believed to be Kwon was arrested and detained at an airport in Podgorica, saying he was found in possession of false documents. Read more These Winning Close-Up Photos Show Life That's Often Overlooked Remembering Enterprise: The Test Shuttle That Never Flew to Space How To Drop a Pin in Google Maps Montenegrin police have detained a person suspected of being one of the most wanted fugitives, South Korean citizen Kwon, co-founder, and CEO of Singapore-based Terraform Labs, Adzic tweeted . The former Terraform CEO is wanted in South Korea for an investigation into his companys collapse in May of last year, which set off last years disastrous crypto winter . A warrant was issued for Kwons arrest in September. Although Kwon claimed to not be on the run at the time, he disappeared from public view. He was reportedly living in Singapore before he disappeared and was spotted first in Dubai, and then Serbia before turning up in Montenegro. Although the suspect has not yet officially been identified and local authorities are still awaiting confirmation, Adzic said they believe they have Do Kwon based on the age, name, and nationality on his identification card. TerraUSD collapsed last year, losing approximately $40 billion, and when Kwon refused to return to South Korea, an arrest warrant was issued for allegedly violating the countrys capital markets law. When he still refused to turn himself in, prosecutors issued a request to South Koreas Foreign Ministry to revoke Kwons passport . Interpol was looped into the search efforts but had no more success locating Kwon who posted on Twitter in September, I am not on the run or anything similar for any government agency that has shown interest to communicate, we are in full cooperation and we dont have anything to hide. Story continues He continued, We are in the process of defending ourselves in multiple jurisdictions we have held ourselves to an extremely high bar of integrity, and look forward to clarifying the truth over the next few months. Kwon is also being sued by the Securities and Exchange Commission in the U.S. for alleged securities fraud. The commission claims Kwon and TerraUSD transferred 10,000 bitcoin , which is equivalent to millions of dollars, from the Terra/Luna project to a Swiss bank before the company went under. Kwon has denied the claims . If found guilty of securities fraud, the SEC is trying to ensure Kwon is barred from crypto dealing and would be required to pay penalties for his illegal dealings. SEC Chair Gary Gensler said in a press release last month, This case demonstrates the lengths to which some crypto firms will go to avoid complying with the securities laws, but it also demonstrates the strength and commitment of the SECs dedicated public servants. More from Gizmodo The Best College Science and Tech Programs Fast Food Apps, Ranked Sign up for Gizmodo's Newsletter. For the latest news, Facebook , Twitter and Instagram . Click here to read the full article.... - 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: ['Join the most important conversation in crypto and web3! Secure your seat today Michael Saylor, the outspoken bitcoin proponent and co-founder of business analytics software firm MicroStrategy (MSTR), has integrated Bitcoin’s Lightning Network into his corporate email address. This means anyone can use that email address – [email protected] – to send bitcoin ( BTC ) to the 58-year-old billionaire. So @MicroStrategy converted my corporate email address into a #Lightning ⚡️ address and people keep sending me 21 sats...🧡 pic.twitter.com/FHde6RtA6N — Michael Saylor⚡️ (@saylor) April 17, 2023 The integration uses The Lightning Address protocol, which allows developers to replace a standard Lightning invoice, or payment request, with an internet identifier such as an email address. The Lightning Network is the Bitcoin blockchain’s layer 2 scaling system designed to make bitcoin payments cheaper and faster. Saylor, who is reportedly worth around $1.2 billion and whose company has amassed approximately 140,000 BTC (about $4 billion at current prices), has been receiving small bitcoin donations from fans after tweeting about the integration.', 'Join the most important conversation in crypto and web3! Secure your seat today Vetle Lunde, a crypto markets analyst at K33 Research, sees parallels between bitcoin\x92s (BTC) recent surge from the doldrums of 2022 and its price pattern from 2018 into 2019. In an interview on CoinDesk TV\x92s \x93First Mover\x94 program on Monday, Lunde said that "the current drawdown and recovery stage is remarkably similar to that in 2019, both in duration and price movement.\x94 In a research note to clients last week, Lunde wrote that bitcoin could reach $45,000. BTC was currently trading at about $29,440, down 2%, although it is up about 80% in 2023. The rebound follows a year of distress, in which multiple major firms declared bankruptcy, sending risk-shy investors fleeing from crypto markets. Read More: Bitcoin Could Peak at $45K in May, Analyst Says \x93We saw throughout the latter part of 2022 a lot of forced selling, and also selling from investors who grew cautious,\x94 Lunde said. \x93This has led people to be underexposed. And has also enticed a lot of people to short (crypto) being conservative with adding exposure. This creates this dynamic where bitcoin feeds on your short squeezes and moves higher.\x94 He added that negative to neutral sales of derivatives, despite recent price gains, were further signs of investor caution. That sentiment could change, although the market\x92s relatively low liquidity remained a potential weight on future pricing. Lunde believes that faint signs last week that the U.S. Federal Reserve would scale back its hawkish monetary policy amid mildly encouraging inflation data could boost market sentiment. He blamed crypto prices\x92 swoon last year partly on firms overexposing themselves when interest rates were zero. \x93It was a lot of spending, a lot of focus on growth,\x94 Lunde said. \x93So you had this environment where miners took a lot of fiat that held a lot of bitcoin and then were exposed to falling prices, in addition to all the crypto banks starting to neglect due diligence.\x94 But the industry-wide crisis of 2022, which included multiple, major firms declaring bankruptcy, including crypto hedge fund Three Arrows Capital, has already been benefiting markets by weeding out bad actors, Lunde suggested. \x93A lot of these rotten fruits have been washed out of the market,\x94 he said. \x93So the entire market is in a more robust stage right now where it can handle higher interest rates for longer.\x94 He added: \x93The industry has learned. I\'m pretty sure that we will experience similar kinds of crisis in the future, unfortunately. But for now, those kinds of risks feel washed out of the market. So the market feels a lot more safe at the moment.', 'Join the most important conversation in crypto and web3! Secure your seat today Good morning. Here’s what’s happening: Prices: Bitcoin drops below $29.5K as investors\' appetite for riskier assets lessens. Insights: What crypto projects are solving particularly important problems? Consensus Magazine presents 19 that you should be watching in 2023. Prices CoinDesk Market Index (CMI) 1,288 −20.5 ▼ 1.6% Bitcoin (BTC) $29,387 −578.8 ▼ 1.9% Ethereum (ETH) $2,074 −19.2 ▼ 0.9% S&P 500 4,151.32 +13.7 ▲ 0.3% Gold $2,011 +16.4 ▲ 0.8% Nikkei 225 28,514.78 +21.3 ▲ 0.1% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,288 −20.5 ▼ 1.6% Bitcoin (BTC) $29,387 −578.8 ▼ 1.9% Ethereum (ETH) $2,074 −19.2 ▼ 0.9% S&P 500 4,151.32 +13.7 ▲ 0.3% Gold $2,011 +16.4 ▲ 0.8% Nikkei 225 28,514.78 +21.3 ▲ 0.1% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Is Bitcoin Entering a New Range? After a week-long rise above $30,000, bitcoin dipped below the symbolic threshold. The largest cryptocurrency by market capitalization was recently trading at about $29,400, down about 1.9% over the past 24 hours. BTC dipped below $29,300 at one point as banking unrest subsided, treasury yields rose and investors shied away from riskier assets. "Cryptos are losing some appeal as banking turmoil risks appear to be disappearing," Edward Moya, senior analyst at foreign exchange market maker Oanda, wrote in an email. "[Federal Reserve] lending to banks continues to ease and earnings have not revealed any major strains with the early banks that have reported. Also dampening the appeal for crypto is the surge behind Treasury yields, which is dampening the appeal for most risky assets." Moya noted that a number of major banks reported solid first-quarter earnings, including Wells Fargo and Citigroup, and that "emergency lending is decreasing." Story continues "The mid and small banks are about to report and while we are about to see some serious deposit outflows, the focus is not on bank solvency, but on banking profitability," Moya wrote. Ether was recently changing hands at about $2,075, off the better part of a percentage point. The second-largest crypto in market value has yet to see many ill effects from the recent Ethereum Shanghai upgrade, the final step in the blockchain platform\'s transformation from a proof-of-work to a more energy-efficient proof-of-stake protocol. Other major cryptos were in the red, albeit lightly so. ARB, the token of the layer 2 Ethereum scaling protocol Arbitrum, and ADA, the native crypto of the Cardano blockchain, both recently declined about 3%. The CoinDesk Market Index, a measure of the crypto markets overall performance, was recently down 1.6%. Equity markets inched upward as investors chewed over the encouraging bank earnings and the possibility that the U.S. central bank might continue raising interest rates to tame inflation. In last month\'s near banking meltdown, that prescription seemed less likely. Meanwhile, the 10-year Treasury yield has increased for three straight days to 3.59%, while gold, which a week ago neared its all-time high, has edged downward to just above $2,000. Oanda\'s Moya was wary about bitcoin\'s near-future path forward. "Bitcoin looks like it might be consolidating, possibly settling on a new range between the $26,500 and $31,000 region," he wrote. Biggest Gainers Asset Ticker Returns DACS Sector Decentraland MANA +7.3% Entertainment Gala GALA +5.0% Entertainment Loopring LRC +4.3% Smart Contract Platform Biggest Losers Asset Ticker Returns DACS Sector Cosmos ATOM −4.0% Smart Contract Platform Solana SOL −3.9% Smart Contract Platform Cardano ADA −2.7% Smart Contract Platform Insights Crypto Innovation Thrives: Here Are 19 Projects to Watch For the past three years, the Pew Research Center has polled Americans about their exposure to cryptocurrency. The percentage of people who have “ever invested in, traded or used a cryptocurrency such as bitcoin or ether” has remained roughly 16% since 2020. But this spring, Pew sought to identify how people feel about crypto. Among the 88% who have ever heard of cryptocurrency, 75% are “not very or not at all confident that cryptocurrencies are reliable or safe.” Only 6% are very confident. Trust in crypto is very low. The CoinDesk editorial team didn’t need a poll to see this. Our Most Influential 2022 list , published in December, subjectively identified the 50 people who defined the year in crypto. A significant percentage of the list was feel-bad stories of scammers and hucksters and possible sociopaths who depleted customers’ savings. The list came out less than a month after the sudden and shocking collapse of the FTX exchange, capping off a year of scandals. Understandably in response, Congress, mainstream media and the public are ready to punish crypto. To state the obvious, 2022 was the antithesis of crypto, which was invented as a remedy in 2009 to broken global financial systems and not to make sharks and charlatans rich. Bitcoin made peer-to-peer transactions possible, bypassing banks that make the transfers slow, costly and intrusive. By solving the trusted-mediator problem, bitcoin allowed transactions to be quicker and cheaper and therefore more accessible. The CoinDesk team set about to find projects that fulfill the ethos of crypto by solving a problem. In brainstorming sessions, we debated what problems crypto could be employed to solve, which quickly split into two baskets: problems within the crypto ecosystem itself, and problems in the world generally. Then the team explored the merits of projects aiming to solve the identified problems. From a list of more than 35 projects, we selected 19. Some haven’t launched yet, while others have been around for years. Funding ranges from bootstrapped to tens of millions of dollars, to undisclosed support from a parent foundation or project. We didn\'t put a lot of restrictions or parameters on these projects. Crypto organizations come in many forms, from traditional startups to decentralized autonomous organi Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-04-18 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $583,650,468,144 - Hash Rate: 395165270.4199787 - Transaction Count: 312522.0 - Unique Addresses: 680093.0 Social & AI Sentiment: - Fear & Greed Index: 0.58 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Toronto, Ontario--(Newsfile Corp. - April 13, 2023) - P2Earn Inc (CSE: PXE) (FSE: WH4) ("P2Earn" or the "Company") is pleased to announce that Alex Lineton, currently Operations head at the Company, will be taking over the role as Chief Executive Officer with immediate effect. Mr. Lineton is a seasoned entrepreneur and an expert in Web3 gaming. He started Bitcoin mining nearly 6 years ago and moved into Play-2-Earn gaming back in 2021, creating the Jellyworks Gaming Guild. The Company acquired Jellyworks Inc. in November of 2022 and Mr. Lineton is ideally placed to lead the future development of the Company's strategy. Mr. Lineton stated, "It is an honor to be asked to lead the Company at such an exciting time. The future of the Internet is Web3, and Play-2-Earn gaming is the best single usage case I have seen to date. By combining gaming with the ability for players to earn an income, we are on the cutting edge of the new economy. Not only is this a winning combination, but I look forward to assisting the Company to a size and scale that positions it as one of, if not the number one Gaming Guild." Jesse Dylan, Chairman of the Board of Directors at P2Earn Inc, added, "We would like to take this opportunity to thank the outgoing Chief Executive Officer, Mr. Bradley, for his exceptional contribution to the Company. As a world-class technologist, we are delighted that Mr. Bradley has agreed to continue to work with the Company, the technology team, and the staff on a consultancy basis as they build out the P2Earn Gaming Guild." An amended offering document (the "Offering Document") relating to the Company's previously announced private placement (the "LIFE Offering") (see news release dated ‎March 29, 2023) addressing this change can be accessed under the Company's profiles atwww.sedar.com;www.cse.comand on the Company's website athttps://p2earn.io. Prospective investors should read the amended Offering Document before making an investment decision. Due to Mr. Lineton's appointment, the Company has also extended the closing date of the LIFE Offering from April 21, 2023 to April 30, 2023. ‎All other terms of the LIFE Offering remain the same. About P2Earn Inc. P2Earn Inc. is a publicly traded company that provides comprehensive solutions for the rapidly-evolving blockchain gaming and cryptocurrency sectors. P2Earn operates an efficient Bitcoin mining operation powered by sustainable energy sources. Our cutting-edge blockchain gaming platform enables players to gain tangible value from their in-game accomplishments and activities, leveraging unique digital assets (NFTs) that can be sold, purchased, and traded like physical assets. P2Earn is committed to building a sustainable blockchain gaming ecosystem, while also making Play-to-Earn gaming more accessible to a wider audience. For further information contact: Eugene Valaitis, Director(214)-864-5958 P2EARN INC. First Canadian Place100 King Street West, Suite 5600Toronto, Ontario M5X1C9Tel: 214-864-5958https://p2earncorporate.iohttps://discord.gg/p2earn Certain statements contained in this press release constitute "forward-looking information" as such term is defined in applicable Canadian securities legislation. The words "may", "would", "could", "should", "potential", "will", "seek", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions as they relate to the Company are intended to identify forward-looking information. All statements other than statements of historical fact may be forward-looking information, including but not limited to completion of the Life Offering, if it is to complete at all; the terms of the LIFE Offering; all benefits synergies stemming from Mr. Lineton's past experiences in his new roles as CEO; any potential for players to earn an income on the gaming guild; the ability to scale up the Company's operations; and future uptake and develop of Web3 in general. Such statements reflect the Company's current views and intentions with respect to future events, and current information available to the Company, and are subject to certain risks, uncertainties, and assumptions. Many factors could cause the actual results, performance, or achievements that may be expressed or implied by such forward-looking information to vary from those described herein should one or more of these risks or uncertainties materialize. Examples of such risk factors include, without limitation, credit; market (including equity, commodity, foreign exchange and interest rate); liquidity; operational (including technology and infrastructure); reputational; insurance; strategic; regulatory; legal; environmental; capital adequacy; the general business and economic conditions in the regions in which the Company operates; the ability of the Company to execute on key priorities, including the successful completion of acquisitions, business retention, and strategic plans and to attract, develop and retain key executives; difficulty integrating newly acquired businesses; the ability to implement business strategies and pursue business opportunities; disruptions in or attacks (including cyberattacks) on the Company's information technology, internet, network access or other voice or data communications systems or services; the evolution of various types of fraud or other criminal behavior to which the Company is exposed; the failure of third parties to comply with their obligations to the Company or its affiliates; the impact of new and changes to, or application of, current laws and regulations; decline of reimbursement rates; a novel business model; dependence on key suppliers; the overall difficult litigation environment; increased competition; increased funding costs and market volatility due to market illiquidity and competition for funding; the availability of funds and resources to pursue operations; critical accounting estimates and changes to accounting standards, policies, and methods used by the Company; the occurrence of natural and unnatural catastrophic events and claims resulting from such events; as well as those risk factors discussed or referred to in the Company's disclosure documents filed with the securities regulatory authorities in certain provinces of Canada and available atwww.sedar.com. Should any factor affect the Company in an unexpected manner, or should assumptions underlying the forward-looking information prove incorrect, the actual results or events may differ materially from the results or events predicted. Any such forward-looking information is expressly qualified in its entirety by this cautionary statement. Moreover, the Company does not assume responsibility for the accuracy or completeness of such forward-looking information. The forward-looking information included in this press release is made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward-looking information, other than as required by applicable law. The CSE has not reviewed, approved, or disapproved the content of this press release. To view the source version of this press release, please visithttps://www.newsfilecorp.com/release/162302... - 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: ['Join the most important conversation in crypto and web3! Secure your seat today Good morning. Here’s what’s happening: Prices: Bitcoin regained its perch above $30K, but its rally stalled; ether hovers near $2,100. Insights: Longer-term narratives, such as bitcoin\'s recent store-of-value story matter but price depends on traders\' shorter-range, often fickle sentiments. Prices CoinDesk Market Index (CMI) 1,323 +30.4 ▲ 2.3% Bitcoin (BTC) $30,341 +959.4 ▲ 3.3% Ethereum (ETH) $2,100 +25.0 ▲ 1.2% S&P 500 4,154.87 +3.6 ▲ 0.1% Gold $2,018 +23.7 ▲ 1.2% Nikkei 225 28,658.83 +144.1 ▲ 0.5% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,323 +30.4 ▲ 2.3% Bitcoin (BTC) $30,341 +959.4 ▲ 3.3% Ethereum (ETH) $2,100 +25.0 ▲ 1.2% S&P 500 4,154.87 +3.6 ▲ 0.1% Gold $2,018 +23.7 ▲ 1.2% Nikkei 225 28,658.83 +144.1 ▲ 0.5% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Bitcoin Rises Over $30K and Then Pauses Crypto markets started promisingly on Tuesday, with bitcoin re-establishing its foothold above the psychologically important $30,000 threshold. But the BTC rally stalled around $30,300 by midday, and the largest cryptocurrency by market cap was up just 3.3% over the past 24 hours. Bitcoin had dipped as low as about $29,100 on Monday before rebounding, as investors seemed to regain some of their prior zest for assets that hold value even as concerns about the banking industry have faded. In an interview with CoinDesk TV\'s "First Mover" program, Kaiko senior research analyst Dessislava Aubert called the current rally "macro driven" and said that its ongoing strength would depend on liquidity. The rally "started with the [U.S. Federal Reserve] providing emergency liquidity to banks in the United States," Aubert said. "So definitely, liquidity is playing a huge role." She added: "We have seen that markets are expecting great cuts in the second half of the year. So there is still a lot of uncertainty around whether this will be the case or not. Ultimately, it will depend on how U.S. monetary policy turns out." Story continues Ether climbed above $2,100 for the second time in three days before dipping below the threshold and then rising again. The second-largest crypto by market capitalization was recently changing hands at about $2,100, up about 1.5%. A post-Ethereum Shanghai upgrade sell-off has yet to materialize. Other major cryptos were solidly green, with ICP, the token of blockchain-based, smart contracts platform Internet Computer, recently rising 15% to trade at about $6.80. XRP, the native crypto of the blockchain-based, payments-focused platform XRP ledger, was up more than 3%. The CoinDesk Market Index , which measures the performance of the overall crypto market, was recently up 2.7% and in significant uptrend territory on a one to five scale. Equity indexes spent the day largely running in place as the Dow Jones Industrial Average (DJIA), tech-heavy Nasdaq Composite and S&P 500 were all within a few fractions of a percentage point of where they stood at the close of trading Monday. Gold ticked upward to $2,017, but was still down from its near record highs of last week when assets that held value were in vogue. The yield on two- and 10-year Treasury edged up slightly but last week\'s surge has stalled. In an email to CoinDesk, Anthony Georgiades, co-founder of Pastel Network, a decentralized blockchain for non-fungible tokens (NFT), cryptos and Web3 technology, attributed bitcoin\'s plunge under $30,000 to "converging elements," particularly the looming prospect of an inflation-focused Fed continuing its diet of hawkish interest rate hikes. But he also noted a loss of public confidence in the dollar and banking system. "People ... are seeking a decentralized safe haven asset that is an inflation hedge," he said. He added: "There are also macroeconomic conditions to consider. With an easing [consumer price index] and recessionary signals, the market seems to be pricing in potentially dovish Fed policies, which could lead to a risk-on craze. Bitcoin has found itself in somewhat of a paradoxical environment, and there may be price fluctuation to weather until the Fed’s short and medium-term monetary policies become clearer." Biggest Gainers Asset Ticker Returns DACS Sector Chainlink LINK +5.3% Computing Gala GALA +4.4% Entertainment Terra LUNA +3.5% Smart Contract Platform Biggest Losers Asset Ticker Returns DACS Sector Loopring LRC −0.6% Smart Contract Platform Decentraland MANA −0.5% Entertainment Insights Bitcoin’s \'Store-of-Value\' Narrative Is Real but Not a Price Mover Markets are noisy, chaotic things that we human beings instinctively try to imbue with order and reason. This generally involves searching for explanations as to why prices are trending up or down or what triggered a sharp move. Often there is an obvious explanation – an earnings surprise or an unexpected corporate action. Sometimes the cause isn\'t so easy to see – flows of funds, an evolving user base, steady product development and so on. Noelle Acheson is the former head of research at CoinDesk and Genesis Trading. This article is excerpted from her Crypto Is Macro Now newsletter, which focuses on the overlap between the shifting crypto and macro landscapes. These opinions are hers, and nothing she writes should be taken as investment advice. With bitcoin ( BTC ), it’s even harder to discern what is driving sentiment shifts at any given time because it doesn’t have earnings, there are no corporate actions, regulation isn’t the threat it is for some other crypto assets and the narratives are multiple and varied. There isn’t even universal agreement as to what bitcoin is, let alone what drives its price. But our search for reason amid chaos encourages us to latch on to something that makes sense, and if it is a narrative that justifies our interest while highlighting a timely concept, then so much the better. Store of value One phrase we’re hearing a lot of these days is “store of value.” It tends to mean different things to different people, but in general, it refers to an asset that holds its value relative to a broad basket of other assets over a long stretch of time. In spite of its short-term price volatility and sharp bear markets, bitcoin is a store of value because it is the only asset traded on liquid exchanges today with a programmatic and verifiable hard cap. With other “hard assets” (those with limited supply) such as gold, diamonds or real estate, we don’t know the supply cap, nor do we know how much is currently in existence. Plus, with other “hard assets,” the price influences the potential supply. For instance, if gold were to surge from $2,000 to $20,000 per ounce, new extraction methods would become viable, boosting the theoretical cap. Bitcoin is the only asset traded on liquid exchanges for which the price has no influence whatsoever on the supply. It is the hardest of hard assets. What’s more, the supply of its most common denominator – the U.S. dollar – has been increasing over the decades, and more recently at an astonishing pace. We are likely about to embark on another wave of monetary easing, involving lower interest rates and the incentivization of credit to overcome declining economic growth and consumption. An increase in the supply of USD above what economic growth can absorb will – all other things being equal – decrease its value relative to other assets, and following basic math, if the value of the denominator drops, that of the ratio increases. Bitcoin is a store of value and a hedge against currency debasement. Read the full story here : Important events 12:30 p.m. HKT/SGT(4:30 UTC) Japan Industrial Production (YoY/Feb) 2:00 p.m. HKT/SGT(6:00 UTC) Great Britain Consumer Price Index (YoY/Mar) 6:45 a.m. HKT/SGT(22:45 UTC) New Zealand Consumer Price Index (YoY/Q1) CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Coinbase CEO Leaves Door Open to Relocating; Bitcoin Reclaims $30K Coinbase CEO Brian Armstrong indicated that the crypto exchange would consider moving away from the U.S. if the regulatory environment for the industry does not become clearer. Jason Gottlieb, Morrison Cohen LLP partner and chair of the firm\'s digital assets department, weighed in. Plus, Kaiko senior research analyst Dessislava Aubert broke down XRP\'s rally in the last month. And, Arkham Intelligence is one of CoinDesk’s Projects to Watch 2023. Arkham founder and CEO Miguel Morel joined the conversation. Headlines Ethereum Unstaking Requests Now Face About a 17-Day Wait : The queue stood at 14 days late last week, but it’s lengthened as more exit requests piled in from validators on the blockchain. Also, staked ether deposits outpace withdrawals for the first time since last week’s Shanghai upgrade. Rocket Pool Made It Cheaper to Stake ETH Through Its Platform Following Ethereum Shanghai Upgrade : The staking protocol gave users access to their staking rewards and lowered the barrier of entry to create an Ethereum validator. Developers Stay Resilient Through Harsh Crypto Winter, Report Says : According to Alchemy’s Q1 2023 "Developer Report," Ethereum SDK installations reached an average of 1.9 million installs per week, a 47% year-over-year increase. The Biggest Crypto Bull Cycle Is Upon Us: Bernstein : Macro catalysts are lining up for bitcoin, a new report from the brokerage firm said.', 'Binance set hares running in July last year when it announced the launch of zero-fee trading for Bitcoin spot pairs. Coinbase\x92s share price fell nearly 10% on the news as the crypto world pondered whether the race to the bottom had just got underway. Fast forward nine months, and Binance has dropped most of its zero-fee trading. Some exchanges might see this as an opportunity to pick up where Binance left off in a race to grab more market share. Further experimentation with zero-fee models, however, is ill-advised and certainl Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-04-19 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $566,877,108,656 - Hash Rate: 330891401.13480145 - Transaction Count: 301722.0 - Unique Addresses: 680099.0 Social & AI Sentiment: - Fear & Greed Index: 0.63 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Corrects typo in paragraph 28, commercial not commerical) * World stocks up 6% after rollercoaster few months * Bond markets see huge swings between hope and fear * Banking turmoil evokes memory of crises past * Dollar slips whereas bitcoin roars back to form By Marc Jones LONDON, March 31 (Reuters) - From a red-hot January as China cast off COVID curbs to February's flop when interest rates surged and now a manic March of banking blow-ups - financial markets have had an action-packed start to the year even by recent standards. Totting up the first quarter scores shows world stocks with a healthy 6% gain, government bonds up 3%-5%, gold 8% higher, energy prices sliding and the dollar barely budged. Dig deeper though and the volatility soon emerges. Global shares zoomed up 10% in January only to lose it all by the time Silicon Valley Bank, a mid-sized U.S. lender few had even heard of, collapsed and then the 167-year-old Swiss behemoth Credit Suisse required rescuing. Equities are bouncing though now and U.S. and European government bond yields - the main drivers of global borrowing costs - are set for their biggest monthly drop since the global crash of 2008. "Within three months you have had three completely different stories," BofA analyst, David Hauner, said of the year so far. "January was an extremely strong start with China's reopening, but February we were back to pricing 6% Fed interest rates and the next thing has been the problems in the banking system." A key reason why asset prices have swung around so much is that market makers are unsure how big central banks will react now. Push on with rate hikes and tempt further banking sector troubles? Or press pause and risk more inflation? Two-year Treasury yields, which are highly sensitive to U.S. Federal Reserve moves, jumped from 4% to 5% in February, only to dive back to 3.5% when the SVB turmoil redrew the entire U.S. interest rate map. That hoisted U.S. bond volatility to its highest point since the 2008 meltdown. Europe too saw 2-year German yields arc from 2.5% to almost 3.5% and back, while changes at Japan's central bank have also been moving the dial. 'Big Tech' stocks crave low borrowing costs so they have roared up by a third. The Nasdaq is up 18%, China tech 22%, emerging market countries have sold record amounts of debt and commodity markets see recessions coming. "All the action has been in the bond markets," said SEB Investment Management's global head of asset allocation Hans Peterson, explaining the shifts had been hard to navigate. "The equity market has done impressively well considering." Story continues COCO POP The dollar's 1% dip is its weakest start to a year since 2018 and allowed Britain's pound and the euro to climb around 1.5%. Worldwide, Chile, Mexico, Hungary and Colombia's currencies have jumped the most - as much as 8% in Chile's case as its main export, copper, has also risen 7% as resource-hungry China has reopened and rebooted. Top of stocks in national terms is the Czech Republic with a 30% rise in dollar terms. Colombia is down 16% at the other end of the spectrum and India is down 8% having seen one of its biggest conglomerates, Adani, skewed by short sellers. Bitcoin beats the lot having surged 70%, including 40% in just 10 days during this month's SVB and Credit Suisse chaos. Banking sector woes have been kryptonite for financial stocks, however, as well as the risky breed of 'contingent convertible' (CoCo) bank bonds wiped out during Credit Suisse's rescue. The scare factor was that the bank's shareholders got some of their money back, which turned the normal hierarchy of bondholders before shareholders on its head and shattered trust in the specific 'AT1' type of CoCos that went pop. Other European banking authorities were so spooked they gave reassurances that they wouldn't do the same. CoCo debt is still down 15% however and insuring against a bank default now costs a lot more. "For the banks it was the most nervous situation we have seen for a while," SEB's Peterson said. DIRECTIONLESS A 42% drop in Europe's natural gas prices, a 9% fall in oil and 12% and 4% respective tumbles in wheat and corn have fed hopes of lower inflation despite the unrelenting war between producers Russia and Ukraine. Since late 2021, big developed economies including the United States, Europe and Australia have raised interest rates by almost 3,300 basis points collectively. So whether that surge halts this year remains pivotal for investors. It is crucial for many of the heavily-indebted developing world countries. Ghana has joined a record number of sovereigns in default this year and concerns are growing elsewhere too, including in U.S. commercial real estate markets. "A lot of people have been looking for direction where there hasn't really been any," Willem Sels, Global Chief Investment Officer at HSBC's Private Banking and Wealth arm said of the flip-flopping in both equity and bond prices. "It could well be that we are in a directionless but volatile market for the next quarter or two," he said, pinning Q3 or Q4 as the best hope for a sustained pick-up. (Reporting by Marc Jones; Editing by Christina Fincher) View comments... - Reddit Posts (Sample): [['u/Superb-Row5394', 'I fell for a job scam and I feel like an idiot', 676, '2023-04-19 00:12', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/', 'I’m a recent college graduate who has been getting more desperate for money it’s been getting harder recently so I’ve been applying everywhere I could. I got a job offer to be someone’s personal assistant it was a remote part time job so it seemed like something I could do in the mean time while looking for a job in my field, the dude was talking about how I could become an administrative assistant in a couple weeks if I my work was good they said they were going to buy equipment so I would be able to effectively work from home and provide virtual training so that I would understand the programs. This is where I feel INCREDIBLY stupid the person sent me a check to deposit using my mobile app so I could buy the equipment which I already thought was weird, I went ahead and did so and then they said I’d have to withdraw the money and deposit it into a bitcoin atm and then transfer the money to the vendor so I could get the equipment… I knew it was stupid as I was walking to my car with the money in hand…I knew it was stupid when I was depositing the money…I knew it was stupid when I was transferring the money to the “vendor”…but I still did it…when I got back home after all of that the person said I’d have to do it again tomorrow until the amount the check had was all transferred…I immediately went to my bank and asked them if I was being scammed then I was told to call a fraud number which I did and I filed a claim…I got scammed for $400 which I’m not getting back ._. Luckily I’m not bankrupt yet but it’s a serious dent in my wallet I feel like a complete idiot for recognizing the red flags and still going through with it just cause I was getting desperate', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/', '12r6frx', [['u/Hubbylord', 477, '2023-04-19 00:24', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgt01cg/', "Hey, it's okay. It happens to many people. I've been scammed. If you can take the time and continue learning more, it'll be worth it. I got scammed for about $700. I learned to love this subreddit and learn from it, and you can too.\n\nBeware of !recovery scammers who say they can help get the money back.", '12r6frx'], ['u/Superb-Row5394', 167, '2023-04-19 00:28', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgt0jnz/', 'Thank you for that I really really needed that type of reassurance at this moment nd ur completely right I’ll try to do just that\nLol Thank you for the warning I already had one recovery scammer message me xD', '12r6frx'], ['u/Hubbylord', 91, '2023-04-19 00:31', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgt10i3/', "Just a personal tip on the job search. Make sure you have a good resume, have a couple people look at it. Then I recommend applying to a large amount of jobs. I am an Electrical Engineer and had to apply to 50-60 jobs before I got an offer. Some types of jobs are just on a tough market. Only respond to interviews for jobs that are in your field and you applied for. You got this. I graduated a year ago, it's tough, but you got this.", '12r6frx'], ['u/Match-Former', 47, '2023-04-19 00:37', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgt1tdr/', "You're not an idiot. The people who prey on jobseekers are scum.", '12r6frx'], ['u/Superb-Row5394', 40, '2023-04-19 00:39', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgt24ud/', 'Thanks man! :O those r all really good tips that I’m going to keep in mind! U don’t even know how much I needed that type of encouragement man but ur right! Gotta get back on the search! I’ll try to have some friends look at my resume so I can get their tips on it to! Again thanks man! 🙏🏾', '12r6frx'], ['u/bewildered_forks', 23, '2023-04-19 00:53', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgt402y/', "Don't feel too badly about yourself. Scammers are professionals. They literally make their living by preying on people who are desperate or trusting. They know what they're doing. They're scum. You did nothing wrong. You recognized the scam before you lost more - remember that feeling in your gut and trust it next time.\n\nGood luck in your job hunt!", '12r6frx'], ['u/NikkiVicious', 26, '2023-04-19 01:15', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgt6yi6/', "Instead of applying to individual jobs on some place like Indeed, that's overrun with scammers, try looking for recruiting firms in your area, and giving them your resume. It will drastically cut down on scams.", '12r6frx'], ['u/Superb-Row5394', 18, '2023-04-19 01:56', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgtcdhl/', 'Thank you for that tip :0 I didn’t know how else to apply for jobs besides at places like indeed :0 I’ll definitely be looking into any recruiting firms in my area', '12r6frx'], ['u/Ancguy', 36, '2023-04-19 02:14', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgtevvo/', "Thanks for coming forth with this- I think it's important for us all to see that people who fall for scams are human beings with flaws and feelings. Too often they're stereotyped as being stupid, when that's often far from the truth. We make mistakes- everyone on this subreddit had to learn one way or another about these scams, so seeing the effects on real people is helpful. Good luck to you- other folks smarter than you and I have been taken for far more than $400. Good luck to you- hang in there!", '12r6frx'], ['u/HaoieZ', 98, '2023-04-19 03:01', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgtlhmn/', "Remember next time any 'job' that supposedly sends you money to buy your own gear is always a scam.", '12r6frx'], ['u/Superb-Row5394', 29, '2023-04-19 03:02', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgtlkov/', 'Facts! I’m definitely keeping that in mind from now on!', '12r6frx'], ['u/cacille', 28, '2023-04-19 03:59', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgttmkf/', "Desperation often wins over logic. This is because desperation is a feeling, and feelings ABSOLUTELY CONTROL US FIRST. Deeper into our lizard brain, so they rule our actions and thoughts when we are caught in a feeling.\n\nThat said, I'm a career consultant. And I sometimes look over recent grad's resumes and, honestly, tear them apart as most of the time, they are written with desperation and fear, which causes the resumes to not be clear or targeted properly. So you're welcome to dm me your resume.", '12r6frx'], ['u/FFiscool', 17, '2023-04-19 04:29', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgtxku7/', 'You paid $400 to learn a lifelong lesson', '12r6frx'], ['u/issa_nice_', 10, '2023-04-19 05:11', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgu30or/', 'This happened to me when I was graduating college as well. It was even a job posted on the UNIVERSITY website job portal for college students. It’s disgusting they prey on young vulnerable desperate people, but unfortunately it’s the name of their game. I’m glad you realized before you got in too deep and now it’s at least a lesson learned. Wishing you the best in your job search! Hang in there.', '12r6frx'], ['u/Mariss716', 10, '2023-04-19 07:09', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgufriy/', 'Many people are here because they were scammed themselves, or a loved one was. We have all let our guard down and had our trust violated. Scammers pick the most vulnerable and they do this on purpose. Such as targeting job searchers who need money and might overlook red flags they’d heed otherwise.\n\nDon’t be too hard on yourself. You got your lesson and it cost $400. You pick yourself up and learn from it, and it won’t ruin you. I have met people who lost their life savings in learning that lesson. The lesson is to be careful with your trust and your money, and protect yourself. \n\nYou just cannot trust strangers and who they claim to be. \n\nAlways do thorough due diligence and r/Scams is a great place to ask if you have any doubts. I come here and educate, and I have volunteered to work with victims for years. It’s a way I can give back, and I too was scammed for $250 back in 2007. Plus my folks were scammed a few years ago by a telephone scam and I remember how awful that was, seeing them devastated. I vowed I would not let that happen to others, and so here I am.\n\nSave your scorn for these scum of the earth scammers like the one that got you, and just be vigilant and diligent going forward. It’s important to talk about what happened to you. Don’t be ashamed - share your story to help educate and warn others, and your loss will not be in vain.\n\nAll the best in your job search.', '12r6frx'], ['u/bofh', 12, '2023-04-19 09:12', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgupmew/', 'Yep. Kudos for admitting to this and for learning from it. Both of those are difficult steps, and being able to admit this may save others around you from falling into the trap. \n\nScammers are very convincing relative to their audience (I fell for a big deal on an "expensive watch" when I was young and more naieve that with the wisdom of age I 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: ['Join the most important conversation in crypto and web3! Secure your seat today\nGood morning. Here’s what’s happening:\nPrices:Bitcoin lost the mojo it regained on Tuesday, dropping below $29K; ether fell toward $1.9K.\nInsights:Valuations for some Web3 games are higher than the lifetime revenue of some successful, traditional gaming companies, and yet Web3 doesn\'t have many games that make players enthusiastic.\nCoinDesk Market Index (CMI)\n1,250\n−73.5▼5.6%\nBitcoin (BTC)\n$28,936\n−1387.4▼4.6%\nEthereum (ETH)\n$1,948\n−149.8▼7.1%\nS&P 500\n4,154.52\n−0.4▼0.0%\nGold\n$2,007\n−0.4▼0.0%\nNikkei 225\n28,606.76\n−52.1▼0.2%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,250", "\\u221273.5\\u25bc5.6%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$28,936", "\\u22121387.4\\u25bc4.6%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,948", "\\u2212149.8\\u25bc7.1%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,154.52", "\\u22120.4\\u25bc0.0%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$2,007", "\\u22120.4\\u25bc0.0%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["28,606.76", "\\u221252.1\\u25bc0.2%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nBitcoin\'s Wednesday Swoon\nWhat happened to bitcoin\'s Tuesday mojo?\nThe largest cryptocurrency by market capitalization tripped early Wednesday, falling first below $30,000 for the second time in three days, and hours later, below $29,000 for the first time in more than a week. BTC was recently trading at about $28,930, down about 4.6% from Tuesday, same time, and far from its heights last week when a moderately encouraging consumer price index (CPI) and renewed investor optimism buoyed markets.\nInvestors\' mood soured on Wednesday after a sobering U.K. inflation report andmassive sell order on Binance. "One way or another, the hot U.K. CPI report that we got in today\'s European session made the market more vulnerable and may have been the piece of macroeconomic data that pushed that large seller to pull the trigger, which led to a cascade of sell orders as we dropped below $30,000," Matt Weller, global head of research at online brokerForex.com, told CoinDesk TV\'s "First Mover" program.\nEther continued its mirroring of BTC this week, falling around 7.1% to trade at around $1,945. The second-largest crypto in market value topped $2,100 on Tuesday after tumbling on Monday along with most other major altcoins. The second largest crypto in market value had been on an upswing in the days following the much-ballyhooed Ethereum Shanghai upgrade, the final step in the platform\'s shift from a proof-of-work to a more energy-efficient proof-of-stake protocol.\nAPT, the token of layer 1 blockchain Aptos, and ARB, the native crypto of layer 2 blockchain Arbitrum, recently plunged about 10% and 13%, respectively. TheCoinDesk Market Index, a measure of the crypto market\'s overall performance, was recently down 6.2%.\nEquity markets traded roughly flat for a second consecutive day, with the tech-heavy Nasdaq Composite rising 0.03% but the S&P 500, which has a strong technology component, dropping 0.01%. Investors have continued to digest unexpectedly strong first-quarter earnings from the financial services sector, although a number of regional banks have yet to report. Their results will offer additional clarity on the banking sector\'s health.\nIn an email to CoinDesk, Markus Levin, co-founder of XYO Network, a cryptography-backed oracle network that anonymously collects and certifies data with a geographic component, noted "a tremendous amount of anxiety in the market right now, particularly when it comes to macroeconomic conditions."\n"The U.K.’s higher-than-expected inflation numbers seem to be hitting a bit too close to home, both in the U.S. and in other countries where monetary policy is tightening and fears of a recession are growing," Levin wrote. "It seems as though all these macroeconomic concerns may finally be catching up with bitcoin."\nHe added that after bitcoin\'s strong gains in recent weeks, "it\'s not surprising to see consolidation. Crypto markets have always been particularly susceptible to price fluctuations, so none of this should be cause for panic.”\nThere are no gainers in CoinDesk 20 today.\n[{"Asset": "Avalanche", "Ticker": "AVAX", "Returns": "\\u22129.2%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Terra", "Ticker": "LUNA", "Returns": "\\u22129.0%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Decentraland", "Ticker": "MANA", "Returns": "\\u22128.6%", "DACS Sector": "Entertainment"}]\nWeb3 Lacks Good Games\nFor all the billions in market share that Web3 gaming and the metaverse command, there’s one thing missing: a good game.\nThe traditional gaming world has tentpole franchises that haven’t made in revenue over their lifespan what some Web3 games are worth. Yet. you can find plenty of people that have played a chapter of Grand Theft Auto, Halo, or have joined a multiplayer skirmish in PUBG or Call of Duty.\nSome of these games are memes-of-the-moment; PUBG seemed omnipresent in 2017-2018 with its fast-paced mobile-friendly action but is not so big anymore.\nBut it\'s likely harder to find someone that’s done the same for a Web3 game. Mention PUBG around gamers and most will know it. Can the same be said about a Web3 game? In a report from last week, DappRadar argued thatAsia is going to dominate Web3 gaming. It bases this response on a survey where 48.6% of respondents said that blockchain games “seem interesting.”\nBut what about after they give them a try? Are they still interesting?\nSquare Enix thinks there’s a market. The studio behind the Final Fantasy game franchise, which is as close to the holy canon as it gets for gamers,is apparently bullish on the vertical, having recently unveiled atrailer for its first web3 game.\nIts fans, though, aren’t as sold.\nSome of the highest-rated comments in response to the video are overwhelmingly negative.\n“How do I dislike a video more than once,” said J Miki. “With this rate, the next Final Fantasy will be the final fantasy,” added another.\n9:15 a.m. HKT/SGT(1:15 UTC)People\'s Bank of China Interest Rate Decision\n11:30 p.m. HKT/SGT(15:30 UTC)Bank of Canada\'s Governor Macklem Speech\n7:30 a.m. HKT/SGT(23:30 UTC)Japan National Consumer Price Index (YoY/March)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nBitcoin Drops Below $30K in Sudden Sell-Off; SEC Chair Gensler Declines to Say if Ether Is a Security\nBitcoin dropped more than 3% in just 15 minutes in European morning hours, starting a slide that sent BTC as low as $29,045.22.Forex.comglobal head of research Matt Weller joined "First Mover" to discuss. Plus, reaction to Tuesday\'s exchange between House Financial Services Committee Chairman Patrick McHenry and SEC Chairman Gary Gensler, who repeatedly declined to answer the congressman\'s question on whether ether (ETH) is a security. Former SEC senior trial counsel Howard Fischer and Linklaters U.S. head of blockchain and digital assets Joshua Ashley Klayman discussed. Blockdaemon CEO Konstantin Richter and Scroll Co-founder Sandy Peng also joined "First Mover."\nCoinDesk Winds Down Ethereum Validator ‘Zelda,’ and We Now Wait to Get Money Back:Following last week\'s milestone Shanghai upgrade, we moved to wind down CoinDesk\'s Ethereum validator project, but it could be a week before the 32 ETH we staked (about $67,000 worth) hits our wallet. C. Spencer Beggs, our director of engineering, breaks down the technical steps he\'s taken.\nInstitutions Flock to Ether After Shapella Upgrade:Open interest in CME futures has risen to the highest level since March 2022, indicating an influx of institutional traders to the crypto market.\nHong Kong Court Declares Crypto as Property in Case Involving Defunct Gatecoin:The ruling would give Hong Kong liquidators more clarity on how to treat crypto assets caught up in winding down procedures, law firm Hogan Lovells said.\nCrypto Wealth Manager Onramp Taps CoinDesk Indices to Create Customized Portfolios:The partnership will provide advisers with a wider range of options for shaping successful portfolios.\nRussia Plans to Mine Crypto for Cross-Border Deals, Says Central Bank:International sanctions have been imposed on the country to exclude it from the U.S. dollar-powered global payment infrastructure.', 'Join the most important conversation in crypto and web3! Secure your seat today Good morning. Here’s what’s happening: Prices: Bitcoin lost the mojo it regained on Tuesday, dropping below $29K; ether fell toward $1.9K. Insights: Valuations for some Web3 games are higher than the lifetime revenue of some successful, traditional gaming companies, and yet Web3 doesn\'t have many games that make players enthusiastic. Prices CoinDesk Market Index (CMI) 1,250 −73.5 ▼ 5.6% Bitcoin (BTC) $28,936 −1387.4 ▼ 4.6% Ethereum (ETH) $1,948 −149.8 ▼ 7.1% S&P 500 4,154.52 −0.4 ▼ 0.0% Gold $2,007 −0.4 ▼ 0.0% Nikkei 225 28,606.76 −52.1 ▼ 0.2% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,250 −73.5 ▼ 5.6% Bitcoin (BTC) $28,936 −1387.4 ▼ 4.6% Ethereum (ETH) $1,948 −149.8 ▼ 7.1% S&P 500 4,154.52 −0.4 ▼ 0.0% Gold $2,007 −0.4 ▼ 0.0% Nikkei 225 28,606.76 −52.1 ▼ 0.2% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Bitcoin\'s Wednesday Swoon What happened to bitcoin\'s Tuesday mojo? The largest cryptocurrency by market capitalization tripped early Wednesday, falling first below $30,000 for the second time in three days, and hours later, below $29,000 for the first time in more than a week. BTC was recently trading at about $28,930, down about 4.6% from Tuesday, same time, and far from its heights last week when a moderately encouraging consumer price index (CPI) and renewed investor optimism buoyed markets. Investors\' mood soured on Wednesday Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-04-20 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $561,345,592,500 - Hash Rate: 319313867.4340018 - Transaction Count: 296683.0 - Unique Addresses: 675813.0 Social & AI Sentiment: - Fear & Greed Index: 0.52 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Actively managed funds are poised to scoop up market share as institutional asset owners hunt for returns in gyrating markets, according to a report by Cerulli Associates. A little over one-quarter of institutional asset owners indicated they would increase their allocation to active equity strategies over the next two years, according to a survey of 200 institutional asset owners conducted by the Boston-based research firm. Meanwhile, 20% of respondents surveyed in the latter half of 2022 stated they would augment their fixed income strategy allocations during the same period. The potential switch to active management comes as exchange-traded funds using the strategy have continued to pick up assets in 2023 as larger index funds have posted lackluster returns so far this year. The largest and oldest U.S.-listed ETF, theSPDR S&P 500 ETF Trust (SPY),lost $11.4 billion in February alone, as its underlying index dipped 2.6% during the month on continued fears of sticky inflation and high interest rates. About one-third of all exchange-traded products are actively managed, with $396 billion in assets under management, according to ETF.com data. Still, they make up a small but growing fraction of the $6.9 trillion ETF industry. Active ETFs have pulled in a total of $16.8 billion through Feb. 22. Almost 48% of actively managed ETFs had positive inflows compared to roughly 45% of passively managed ETFs. According to the report, the gap between active and passive fund assets narrowed to $1.2 trillion at the end of last year, compared with a nearly $3 trillion gap a year prior. Institutional investors want actively managed portfolios, the research shows, with nearly one-third stating they expect to increase their allocations to U.S. equity. According to Cerulli researchers, nearly one-third of institutional investors indicated they would add exposure to U.S. equity ETFs and mutual funds, while 21% of respondents said they would do the same for global equity allocations. International equity ETFs have gathered $27.8 billion in the first two months of 2023, according to ETF.com data, with the most popular international equity funds including theJPMorgan BetaBuilders Europe ETF (BBEU)and theiShares Core MSCI Emerging Markets ETF (IEMG). The two funds have collectively gathered $9.6 billion year to date, ETF.com data shows. Contact Shubham [email protected] Recommended Stories • What Is a Covered Call ETF? • Grayscale on the 'Holy Grail of Bitcoin ETFs’: Spot Bitcoin ETF • Why Mutual Fund Companies Are Entering the ETF Industry • Hot Reads: Investors Turned Away From Passive ETFs in February Permalink\| © Copyright 2023ETF.com.All rights reserved... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Join the most important conversation in crypto and web3! Secure your seat today\nGood morning. Here’s what’s happening:\nPrices:Bitcoin continued its two-day swoon, dropping below $28K at one point. The head of research at Canadian crypto asset manager 3iQ linked its decline to U.S. regulatory woes and also noted that "market liquidity remains heavily tilted to Asia."\nInsights:With MiCA and a separate crypto-related rule, European legislators have built a promising, regulatory foundation for digital assets. U.S. efforts remain disjointed and counterproductive, CoinDesk columnist Daniel Kuhn writes in The Node.\nCoinDesk Market Index (CMI)\n1,231\n−17.2▼1.4%\nBitcoin (BTC)\n$28,113\n−777.4▼2.7%\nEthereum (ETH)\n$1,936\n−9.2▼0.5%\nS&P 500\n4,129.79\n−24.7▼0.6%\nGold\n$2,013\n+18.2▲0.9%\nNikkei 225\n28,657.57\n+50.8▲0.2%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,231", "\\u221217.2\\u25bc1.4%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$28,113", "\\u2212777.4\\u25bc2.7%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,936", "\\u22129.2\\u25bc0.5%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,129.79", "\\u221224.7\\u25bc0.6%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$2,013", "+18.2\\u25b20.9%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["28,657.57", "+50.8\\u25b20.2%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nBitcoin Decline Due to U.S. Regulatory Woes\nU.S. crypto regulatory woes have been weighing heavily on bitcoin.\nSo wrote Mark Connors, the head of research at Canadian crypto asset manager 3iQ, in a series of texts discussing BTC\'s stumble from what seemed safe heights above $30,000.\n"The Kabuki theatre that unfolded in Washington this week suggests Asia and other jurisdictions will continue to gain market share from the U.S., Connors wrote to CoinDesk, adding: "Coinbase’s decision to get licensed in Bermuda to launch an exchange as early as next week shows that U.S. digital asset companies are now voting with their feet. So this week we had both price and regulatory volatility, with only one clear loser, the U.S. economy."\nThe largest cryptocurrency by market capitalization was recently trading at about $28,100, down about 2.7% over the past 24 hours. But earlier on Thursday, bitcoin fell briefly to $27,991 on Coinbase, its lowest level since April 9. The decline continued a two-day slump that started early Wednesday amid a hot U.K. inflation report and massive sell-off on Binance. BTC is down about 10% from last week\'s high near $31,000 with investors more fretful than upbeat about crypto assets\' path forward.\nConnors noted that "market liquidity remains heavily tilted to Asia, so he was "not surprised to see bitcoin\'s downswing start as markets in that part of the world closed. "Remember, last May and June dislocations occurred in a similar window," he wrote.\nEther was recently changing hands at about $1,936, off a few fractions of a point and well off its recent, Shanghai upgrade highs above $2,100. Other major cryptos were largely in the red, mostly darker shades. XRP, the token of the XRP open-source public blockchain XRP Ledger, and ARB, the native crypto of the Arbitrum layer 2 blockchain, were both down more than 3.5%. TheCoinDesk Market Index, a measure of crypto markets overall performance, was recently down 1.3%.\nEquity markets fell, albeit not severely, with the tech-focused Nasdaq Composite and S&P 500, which has a strong technology component, off 0.8% and 0.6%, respectively. Gold hovered comfortably over $2,000, suggesting that investor appetites for assets that hold their value in good times and bad remained strong.\nDespite encouraging first-quarter earnings from a number of major banks, investors remain warily watchful, given the decline of a number of important economic indicators that may foreshadow recession. Recent jobs data has indicated a fall-off in the torrid employment market, and on Thursday, the National Association of Realtors monthly report showed home prices registering their biggest decline since 2012 and mortgage rates rising.\nMeanwhile, Connors wrote that "more volatility" was likely in store, "but not the [year-to-date] ‘upside’ volatility we have seen so far in 2023."\n"We may be entering a period of consolidation as U.S. regulation dims hopes and prompts regulatory reboots by many players. Both are counteracting the long running and structural tailwinds for BTC" that the company highlighted in its 2023 outlook.\nThere are no gainers in CoinDesk 20 today.\n[{"Asset": "Dogecoin", "Ticker": "DOGE", "Returns": "\\u22126.3%", "DACS Sector": "Currency"}, {"Asset": "Decentraland", "Ticker": "MANA", "Returns": "\\u22125.0%", "DACS Sector": "Entertainment"}, {"Asset": "Cardano", "Ticker": "ADA", "Returns": "\\u22124.7%", "DACS Sector": "Smart Contract Platform"}]\nWhy the EU Has MiCA and the U.S. Has Securities Law Confusion\nThe European Parliament went ahead and did it: Today, after years of deliberations and at least twoofficial delays, the landmark Markets in Crypto-Assets (MiCA) regulatory framework was voted in. European Union legislators also passed a separate crypto-related rule known as the Transfer of Funds regulation that imposes stronger surveillance and identification requirements for crypto operators, CoinDesk’sJack Schickler reported.\nThe rules were described as a"world first”by the European Commission\'s Mairead McGuinness, and also an “end of the Wild West era for crypto assets," according to Green Party lawmaker Ernest Urtasun. The laws, which will be enforced at the state-level, still need to be officially approved by the supra-governmental body called the EU Council, are just about cleared to take effect next year. (The Council’s approval is more of a formality at this point, considering it already approved the text of the law last year.)\nThis article is excerpted from The Node, CoinDesk\'s daily roundup of the most pivotal stories in blockchain and crypto news. You can subscribe to get the fullnewsletter here.\nFor many, MiCA represents a crucial step forward for the crypto industry. It’s the first major attempt to provide a comprehensive set of rules for crypto companies so they know in advance what they can and cannot do and where their responsibilities lie if they want to operate in the 27-nation strong trading bloc. The European Unionhopes it sets the global standard(and, in some sense, is worried about MiCA’s effectiveness in the EU if similar rules are not adopted everywhere).\nCoinDeskhaswrittena numberof overviewsof the legal framework. But. in short, MiCA requires crypto firms – like wallet providers and exchanges – to be licensed by the EU, and comply with money laundering and terrorism finance safeguards if they want to serve EU-based customers. Some have balked at the reporting standards, which will undoubtedly weaken privacy for crypto users in the name of customer safety and national security.\nRead the full storyhere:\n3:30 p.m. HKT/SGT(7:30 UTC)Germany S&P Global/BME Composite PMI (April)\n4:30 p.m. HKT/SGT(8:30 UTC)United Kingdom S&P Global/CIPS Services PMI (April)\n8:30 p.m. HKT/SGT(12:30 UTC)Canada Retail Sales (MoM/Feb)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nEU Vote Finalizes Agreement on Landmark MiCA Regulation; Bitcoin Falls Again\nLawmakers in the European Union on Thursday voted 517-38 in favor of a new crypto licensing regime, MiCA, with 18 abstentions, making it the first major jurisdiction in the world to introduce a comprehensive crypto law. Bitstamp Chief Operating Officer John Ehlers joined the conversation. This came as bitcoin (BTC) fell for a second straight day, touching a 10-day low. Options Insights founder Imran Lakha shared his crypto markets analysis. And, Lukso co-founder Marjorie Hernandez discussed why the layer 1 blockchain for creative types is opening a smart contract that lets original validators participate in running the blockchain.\nNFT Marketplaces Sales, Users Drop to Lows Not Seen Since 2021, Dune Data Shows:According to multiple dashboards compiled by researchers on analytics platform Dune, OpenSea and Blur are experiencing notable losses in both daily users and sales.\nCrypto Lending Protocol MakerDAO Approves Transferring a Maximum of $500M in USDC to Coinbase Custody for 2.6% Yield:The maneuver is part of MakerDAO’s earlier decision to move up to $1.6 billion of USDC stablecoins to Coinbase’s custody arm.\nBitcoin\'s Move Below 20-DMA Possible Short-Term Bearish Signal, Analysts Say:The world’s largest cryptocurrency by market value traded at a 10-day low and slipped below the 20-day moving average.\nDeFi-Focused Layer 1 Berachain Raises $42M Series A at $420.69M Valuation:The round was led by Polychain Capital and included participation from venture capital firms Hack VC, dao5, Tribe Capital, Shima Capital, CitizenX and Robot Ventures.\nTornado Cash Developer Pertsev Can Be Freed Pending Trial, Dutch Court Rules:Alexey Pertsev has been in a Dutch jail since August after U.S. authorities sanctioned the privacy protocol.', 'Join the most important conversation in crypto and web3! Secure your seat today Good morning. Here’s what’s happening: Prices: Bitcoin continued its two-day swoon, dropping below $28K at one point. The head of research at Canadian crypto asset manager 3iQ linked its decline to U.S. regulatory woes and also noted that "market liquidity remains heavily tilted to Asia." Insights: With MiCA and a separate crypto-related rule, European legislators have built a promising, regulatory foundation for digital assets. U.S. efforts remain disjointed and counterproductive, CoinDesk columnist Daniel Kuhn writes in The Node. Prices CoinDesk Market Index (CMI) 1,231 −17.2 ▼ 1.4% Bitcoin (BTC) $28,113 −777.4 ▼ 2.7% Ethereum (ETH) $1,936 −9.2 ▼ 0.5% S&P 500 4,129.79 −24.7 ▼ 0.6% Gold $2,013 +18.2 ▲ 0.9% Nikkei 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: 2023-04-21 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $542,731,572,594 - Hash Rate: 351118490.9644334 - Transaction Count: 352218.0 - Unique Addresses: 771581.0 Social & AI Sentiment: - Fear & Greed Index: 0.50 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Marathon Digital Holdings, Inc. FORT LAUDERDALE, Fla., March 31, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , a leader in supporting and securing the Bitcoin ecosystem, announced that Chief Financial Officer Hugh Gallagher has informed the Company that he intends to retire effective May 12, 2023. The Company has initiated an external search for a new Chief Financial Officer. “I joined Marathon to support the organization through its large expansion plans and to help build the Company’s finance team,” said Hugh Gallagher. “With hash rate growing and becoming more stable and with the team now in a stronger position, I made the decision to retire. I am proud of the progress we made during my tenure, especially given the various challenges the team overcame in 2022. I would like to thank Fred and the board for the opportunity and for their support, and I wish the entire Marathon team continued success.” Fred Thiel, Marathon’s chairman and CEO, commented, “Hugh played an instrumental role in developing our finance strategy, building our finance team, and helping us transition from an early-stage company into a more sophisticated organization. We are grateful for his contributions and for the strong foundation he helped lay. On behalf of the entire team at Marathon, I would like to thank Hugh for his service to the Company. He has been a valuable asset, and we wish him well in his retirement. With the external search for a new CFO already in progress, we look forward to continuing to build the team at Marathon and establishing the Company as a leader in the Bitcoin mining industry.” Investor Notice Investing in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking statements described under "Risk Factors" in Item 1A of our most recent Annual Report on Form 10-K for the fiscal year ended December 31, 2022, filed with the SEC on March 16, 2023. If any of these risks were to occur, our business, financial condition or results of operations would likely suffer. In that event, the value of our securities could decline, and you could lose part or all of your investment. The risks and uncertainties we describe are not the only ones facing us. Additional risks not presently known to us or that we currently deem immaterial may also impair our business operations. In addition, our past financial performance may not be a reliable indicator of future performance, and historical trends should not be used to anticipate results in the future. Future changes in the network-wide mining difficulty rate or Bitcoin hash rate may also materially affect the future performance of Marathon's production of bitcoin. Additionally, all discussions of financial metrics assume mining difficulty rates as of March 2023. See "Forward-Looking Statements" below. Story continues Forward-Looking Statements Statements made in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by the use of words such as “may,” “will,” “plan,” “should,” “expect,” “anticipate,” “estimate,” “continue,” or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading “Risk Factors” in the Company's Annual Reports on Form 10-K, as may be supplemented or amended by the Company's Quarterly Reports on Form 10-Q. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise. About Marathon Digital Holdings Marathon is a digital asset technology company that focuses on supporting and securing the Bitcoin ecosystem. The Company is currently in the process of becoming one of the largest and most sustainably powered Bitcoin mining operations in North America. Marathon Digital Holdings Company Contact: Telephone: 800-804-1690 Email: [email protected]... - Reddit Posts (Sample): [['u/Curious-Phi', 'Cathie Wood projects $2000 per share for TSLA and $1Million for BTC.', 42, '2023-04-21 02:29', 'https://www.reddit.com/r/TSLA/comments/12tkihp/cathie_wood_projects_2000_per_share_for_tsla_and/', 'Where will this money me from?', 'https://www.reddit.com/r/TSLA/comments/12tkihp/cathie_wood_projects_2000_per_share_for_tsla_and/', '12tkihp', [['u/radoslaf', 17, '2023-04-21 03:35', 'https://www.reddit.com/r/TSLA/comments/12tkihp/cathie_wood_projects_2000_per_share_for_tsla_and/jh3amti/', 'Her spider senses can only rival Cramer', '12tkihp'], ['u/VegasVator', 15, '2023-04-21 05:05', 'https://www.reddit.com/r/TSLA/comments/12tkihp/cathie_wood_projects_2000_per_share_for_tsla_and/jh3ltfc/', "I'm projecting TSLA to $420 per share and 69million for BTC. Who cares what Cathie Woods or I fart out our mouths.", '12tkihp'], ['u/SnooWoofers7345', 12, '2023-04-21 07:23', 'https://www.reddit.com/r/TSLA/comments/12tkihp/cathie_wood_projects_2000_per_share_for_tsla_and/jh3zxhs/', 'Everyone loved her 2019/2020. Its easy to hate on bulls in a bear market.', '12tkihp']]], ['u/Sylerb', "During market dips, you shouldn't be paying alts that dump, but those that are still hoding up against btc", 12, '2023-04-21 04:06', 'https://www.reddit.com/r/CryptoCurrency/comments/12tmzhs/during_market_dips_you_shouldnt_be_paying_alts/', 'Many people in the space like to brag about buying the market dips, or buying X coin at 30% or more discount as if this is a supermarket lol. I get that sometimes these are mere jokes, but I would like to explain it to newbies who might get fooled by it.\n\nBasically, whenever btc dips( like it is doing now), you should buy alts that show strength relative to btc and don\'t dip as hard as other alts do, because those alts are the ones that are going to pump the hardest after that dip, unless their fundamentals go wrong( which is a risk you are taking by investing in any alt anyways).\n\nYou can compare the alt performance by using the alt/btc chart on TradingView or Coinmarketcap.. \n\nNow to explain why: first, that alt didn\'t dip as hard because its holders aren\'t willing to sell, which is already a good sign because it shows the strength of the alt\'s community. Second, it can mean that the alt has so much buy pressure for that alt that it outperforms btc and its dominance, which again is a bullish sign.\n\n Finally, crypto investors (or at least the not-so-degen ones) will buy that alt that is holding up against btc because they agree with this perspective, or simply because they see that alt as a safer coin to hold than the other alts given that it didn\'t crash as much. \n\nAs always, this is not financial advice.\n\nEdit: sorry for the typos in the title, I meant "buying alts" and "holding up".', 'https://www.reddit.com/r/CryptoCurrency/comments/12tmzhs/during_market_dips_you_shouldnt_be_paying_alts/', '12tmzhs', [['u/stupidcupid112', 10, '2023-04-21 04:11', 'https://www.reddit.com/r/CryptoCurrency/comments/12tmzhs/during_market_dips_you_shouldnt_be_paying_alts/jh3fcfr/', 'You forgot "This is not Financial Advice"', '12tmzhs'], ['u/FattestLion', 14, '2023-04-21 04:26', 'https://www.reddit.com/r/CryptoCurrency/comments/12tmzhs/during_market_dips_you_shouldnt_be_paying_alts/jh3h8bw/', "during market dips it's okay to buy alts. During the market crashes you should probably buy BTC and ETH first, then when those rally significantly start to rotate your BTC and ETH into alts.\n\n\n\nI did not do this btw I yolo-ed into crashing alts in 2022 so I got rekt. Do as I say don't do as I do lol", '12tmzhs']]], ['u/shiningdialga13', 'My (probably crackpot) thought of a "non-crash" outcome for crypto', 13, '2023-04-21 04:40', 'https://www.reddit.com/r/Buttcoin/comments/12tntt5/my_probably_crackpot_thought_of_a_noncrash/', 'Not sure why this came to mind today, but as I\'ve been watching this whole Tether-Buttcoin spiral go on, I was thinking... Maybe this doesn\'t end in a spectacular crash. \n\nIf the USA, EU and other major countries crack down on stablecoins, they\'ll just move their operations to Russia and other sanction-dodging countries that would love a way to launder money. And them Tether just keeps minting and buying majority of BTC, keeps wash trading and keeps the price artificially high. Line keeps going up, but it doesn\'t even matter because there\'s no way to cash out and the only people left are the criminals and the delusional "hodlrs" hoping they\'ll have their Lambo someday. A self-contained crypto hell that becomes irrelevant to the rest of the world.\n\nThought in this? It seems logical to me but I don\'t know enough to say whether it\'s realistic or not.', 'https://www.reddit.com/r/Buttcoin/comments/12tntt5/my_probably_crackpot_thought_of_a_noncrash/', '12tntt5', [['u/robot_slave', 36, '2023-04-21 05:02', 'https://www.reddit.com/r/Buttcoin/comments/12tntt5/my_probably_crackpot_thought_of_a_noncrash/jh3lgjp/', "Real money has to keep exiting the system, to keep the miners' lights on.\n\nWhich means real money has to keep entering the system, too-- a bit-coin/tether merry-go-round isn't enough.\n\nThe miners need the money-launderers and ransomware victims to supply new real money, and they all need broker/dealers and exchanges to trade real money for tokens.", '12tntt5'], ['u/DKMuppy', 12, '2023-04-21 05:03', 'https://www.reddit.com/r/Buttcoin/comments/12tntt5/my_probably_crackpot_thought_of_a_noncrash/jh3lmzo/', "That's the million dollar question: will BTC experience a sudden death or a slow death. It's very possible that the Ponzi could last years before folks start trying to cash in on their BTC. Just look at Bernie Madoff.\n\nI'm convinced that it's going to be corporate greed by Tether or Binance that will push the bubble too far and catalyze a collapse. If you're Tether there is absolutely no incentive to stop printing endless amounts of money for yourself when there's no regulation or oversight to stop you. They've already printed $80 billion dollars, would not be surprised if they break $100 billion by the beginning of fall. It's just too profitable.", '12tntt5'], ['u/MammothReputation633', 10, '2023-04-21 10:05', 'https://www.reddit.com/r/Buttcoin/comments/12tntt5/my_probably_crackpot_thought_of_a_noncrash/jh4c2b6/', 'That’s a very clean way of looking at things. The miners are being paid to provide a service to the money launderers, who are will to put money into the system because it supports their profitable criminal enterprises. Everyone else is just a day trader being tricked to put money into the system but with no benefit coming in return.', '12tntt5']]], ['u/Potential-Coat-7233', 'Bitcoin by the math', 70, '2023-04-21 05:16', 'https://www.reddit.com/r/Buttcoin/comments/12tookv/bitcoin_by_the_math/', 'The turning point for me in regards to crypto was when I heard Bitcoin could only handle 7 transactions per second. Yes there is lightning network, but the 7 tps is a major problem.\n\nIf you do the math, 7 transactions per second times 60 (seconds in a minute) times 60 (minutes in an hour) times 24 (hours in a day) times 365 days in a year, you get 220 million transactions in a year.\n\nThis may seem like a lot, but that number means if mass adoption happens, and 500 million people have Bitcoin, less than half of those people can have a transaction in a year.\n\nLightning doesn’t even truly solve this, since to open a lightning channel (and close it) you need a transaction. So again, if 500 million have bitcoin, only half of them can open or close a channel in a year.\n\nIt’s just so shitty.', 'https://www.reddit.com/r/Buttcoin/comments/12tookv/bitcoin_by_the_math/', '12tookv', [['u/robot_slave', 59, '2023-04-21 05:22', 'https://www.reddit.com/r/Buttcoin/comments/12tookv/bitcoin_by_the_math/jh3nutq/', "Pretty well-known math, on this message-board at least. A reminder doesn't hurt, I suppose.", '12tookv'], ['u/iStayedAtaHolidayInn', 31, '2023-04-21 05:46', 'https://www.reddit.com/r/Buttcoin/comments/12tookv/bitcoin_by_the_math/jh3qh9r/', 'Few', '12tookv'], ['u/stormdelta', 45, '2023-04-21 06:15', 'https://www.reddit.com/r/Buttcoin/comments/12tookv/bitcoin_by_the_math/jh3tffl/', "In addition, any transactions made through a Lightning channel aren't actually settled until the channel is closed - which requires _another_ bitcoin transaction.\n\nAlso, net liquidity is limited to what you committed when opening the channel.", '12tookv'], ['u/NextRecipe', 49, '2023-04-21 06:24', 'https://www.reddit.com/r/Buttcoin/comments/12tookv/bitcoin_by_the_math/jh3ue6a/', 'transactions', '12tookv'], ['u/dmis4dungeonmaster', 24, '2023-04-21 07:29', 'https://www.reddit.com/r/Buttcoin/comments/12tookv/bitcoin_by_the_math/jh40etd/', 'For BTC itself, there are hundreds of Miners attempting to verify the same transaction - and there’s only one winner in that race, so the energy spent attempting to verify a single transaction is lost.', '12tookv'], ['u/Legal-Mammoth-8601', 19, '2023-04-21 09:21', 'https://www.reddit.com/r/Buttcoin/comments/12tookv/bitcoin_by_the_math/jh492o2/', "More math: Operating the bitcoin network is very expensive. How expensive? A single bitcoin transaction costs $44.64.\n\n(1 block / 10 minutes) x (6.25 bitcoin / 1 block [miner payout]) x ($30,000 / 1 bitcoin) x (1 min / 60 sec) x (1 sec / 7 transactions) = $44.64/transaction\n\nThis is $27 million / day, or $9.9 billion / year, which is pretty close to visa's operating expenses of $11 billion / year.", '12tookv'], ['u/viking_nomad', 15, '2023-04-21 10:07', 'https://www.reddit.com/r/Buttcoin/comments/12tookv/bitcoin_by_the_math/jh4c6xo/', 'Indeed. I support everyone who does their own [math]', '12tookv'], ['u/Schnitzel-1', 10, '2023-04-21 10:15', 'https://www.reddit.com/r/Buttcoin/comments/12tookv/bitcoin_by_the_math/jh4cpg3/', 'So the point is to store it until it moons and then sell it. Or am I missing a point here? You just hope there are enough people that buy it after you bought it so the... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Traders work on the floor of the New York Stock Exchange Michael M. Santiago/Getty Images US stock indices rose Friday as investors digested mixed earnings reports. However, all three major gauges closed the week in the red. Alphabet and Amazon are on deck to report quarterly results next week. US stocks closed slightly higher on Friday as traders assessed more corporate earnings results, but all three major indices finished the week in negative territory. The Nasdaq lost 0.3% for the week, and the Dow dipped 0.2% to snap a four-week winning streak. The S&P 500 ticked down less than 0.1% for the week. According to FactSet, more than 75% of S&P 500 companies that have reported so far have exceeded analysts' earnings expectations. Mega-cap tech like Alphabet and Amazon are on deck for next week's quarterly results. Here's where US indexes stood at the 4:00 p.m. ET close on Friday: S&P 500 : 4,133.52, up 0.09% Dow Jones Industrial Average : 33,808.96, up 0.07% (22.34 points) Nasdaq Composite : 12,072.46, up 0.11% Here's what else happened today: In an exclusive interview with Insider, economist Mohamed El-Erian explained the credit squeeze threatening the US economy, along with risks of more interest rate hikes. US money-market funds saw their assets drop for the first time since last month, according to Bloomberg. The Fed has inflation on the ropes, former Treasury Secretary Larry Summers said, while bemoaning the debt-ceiling fiasco in a new interview. The US economy could be headed towards a credit crunch that would only prolong a recession, according to Citi's chief economist. In commodities, bonds and crypto: West Texas Intermediate crude oil increased 0.49% to $77.75 per barrel. Brent crude , oil's international benchmark, rose 0.59% to $81.58. Gold declined 1.79% to $1,993 per ounce. The yield on the 10-year Treasury rose 2.3 basis points to 3.568%. Bitcoin dropped 3% to $27,255. Read the original article on Business Insider", "• US stock indices rose Friday as investors digested mixed earnings reports.\n• However, all three major gauges closed the week in the red.\n• Alphabet and Amazon are on deck to report quarterly results next week.\nUS stocks closed slightly higher on Friday as traders assessed more corporate earnings results, but all three major indices finished the week in negative territory.\nThe Nasdaq lost 0.3% for the week, and the Dow dipped 0.2% to snap a four-week winning streak. The S&P 500 ticked down less than 0.1% for the week.\nAccording to FactSet, more than 75% of S&P 500 companies that have reported so far have exceeded analysts' earnings expectations. Mega-cap tech like Alphabet and Amazon are on deck for next week's quarterly results.\nHere's where US indexes stood at the 4:00 p.m. ET close on Friday:\n• S&P 500:4,133.52, up 0.09%\n• Dow Jones Industrial Average:33,808.96, up 0.07% (22.34 points)\n• Nasdaq Composite:12,072.46, up 0.11%\nHere's what else happened today:\n• In an exclusive interview withInsider,economist Mohamed El-Erian explained the credit squeeze threatening the US economy, along with risks of more interest rate hikes.\n• US money-market funds saw their assets drop for the first time since last month, according toBloomberg.\n• The Fed has inflation on the ropes,former Treasury Secretary Larry Summers said,while bemoaning the debt-ceiling fiasco in a new interview.\n• The US economy could be headed towards a credit crunch that would only prolong a recession, according toCiti's chief economist.\nIn commodities, bonds and crypto:\n• West Texas Intermediate crudeoil increased 0.49% to $77.75 per barrel.Brent crude, oil's international benchmark, rose 0.59% to $81.58.\n• Golddeclined 1.79% to $1,993 per ounce.\n• The yield on the 10-year Treasury rose 2.3 basis points to 3.568%.\n• Bitcoin dropped 3% to $27,255.\nRead the original article onBusiness Insider", 'Before non-fungible tokens (NFT) came on the scene, the following chart was a fairly good representation of patterns that happened in the industry.\nFiat currency flowed largely through Bitcoin and other large caps before trickling down to mid caps and finally to low caps (also affectionately known as “shitcoins”).\nA couple of things have changed in the past two years, one being the emergence of NFTs as a digital asset class that fits somewhere in the above cycle.\nIt’s my opinion that NFTs, especially PFPs, are a hybrid of an identity solution, a club and a fungible token. There are different sizes by market cap, Bored Ape Yacht Club (BAYC) and Azuki being the large cap of the NFT market, Mfer’s, Nakamigo’s, and Milady’s being the mid caps and then basically the rest making up the small caps. Finally, add to the mix memecoins. They really do not profess to have any utility other than social media posting and having fun!\nFun + memes can now be a digital asset? Yeah. We see this by looking at $DOGE, $SHIBA, and now $PEPE, which reached a $150m market cap in several days. The Milady Maker PFP community is rumored to be behind the $PEPE memecoin emergence.\nMemecoins came back in after the Nakamigos and BAYC communities stagnated and had some large holders leave the community. That, combined with the boredom of retail\xa0crypto\xa0folks, and boom, on the scene comes memecoin season! It took over for a few days this past week with $PEPE, and others which I don’t really want to mention because I’m not sure it will be a long loved meta. But who knows?\nThe Milady Maker’s PFP assets rose this past week as the memecoin meta kicked off.\nThese new digital assets are now throwing more curve balls into the flow, and it’s yet to be seen where they fit in. One thing I know for certain, though, is that when large caps run, they rise fast, sucking all the liquidity from mid-lower caps. When they stop running, the capital flows back to mid-low caps. This pattern can happen across all classes (NFTs, fungible tokens) and also across categories as well (PFPs, Game-FI, fungible tokens, and utility NFTs), which is causing the Web3 scene to seem very chaotic.\nWith these liquidity ebbs and flows causing uncertainty even for the most seasoned traders, it’s clear that new patterns are emerging in the brave new world of NFTs and memecoins.\nNote that the observations presented in this text are not intended as financial advice but rather the insights of an individual who has an interest in recognizing trends and patterns, much like many others in this space.\nTheForkast 500 NFT Indexis down over 2% over the past seven days, reflecting a sharp decline in the NFT market. A new memecoin called $PEPE has been trading at volume, causing high transaction fees on Ethereum. NFT volume, on the other hand, has suffered as traders practice patience, with many waiting for fees to normalize.', 'Before non-fungible tokens (NFT) came on the scene, the following chart was a fairly good representation of patterns that happened in the industry. Bitcoin flow Fiat currency flowed largely through Bitcoin and other large caps before trickling down to mid caps and finally to low caps (also affectionately known as “shitcoins”). A couple of things have changed in the past two years, one being the emergence of NFTs as a digital asset class that fits somewhere in the above cycle. It’s my opinion that NFTs, especially PFPs, are a hybrid of an identity solution, a club and a fungible token. There are different sizes by market cap, Bored Ape Yacht Club (BAYC) and Azuki being the large cap of the NFT market, Mfer’s, Nakamigo’s, and Milady’s being the mid caps and then basically the rest making up the small caps. Finally, add to the mix memecoins. They really do not profess to have any utility other than social media posting and having fun! Fun + memes can now be a digital asset? Yeah. We see this by looking at $DOGE, $SHIBA, and now $PEPE, which reached a $150m market cap in several days. The Milady Maker PFP community is rumored to be behind the $PEPE memecoin emergence. Memecoins came back in after the Nakamigos and BAYC communities stagnated and had some large holders leave the community. That, combined with the boredom of retail\xa0crypto\xa0folks, and boom, on the scene comes memecoin season! It took over for a few days this past week with $PEPE, and others which I don’t really want to mention because I’m not sure it will be a long loved meta. But who knows? The Milady Maker’s PFP assets rose this past week as the memecoin meta kicked off. Milady These new digital assets are now throwing more curve balls into the flow, and it’s yet to be seen where they fit in. One thing I know for certain, though, is that when large caps run, they rise fast, sucking all the liquidity from mid-lower caps. When they stop running, the capital flows back to mid-low caps. This pattern can happen across all classes (NFTs, fungible tokens) and also across categories as well (PFPs, Game-FI, fungible tokens, and utility NFTs), which is causing the Web3 scene to seem very chaotic. Story continues With these liquidity ebbs and flows causing uncertainty even for the most seasoned traders, it’s clear that new patterns are emerging in the brave new world of NFTs and memecoins. Note that the observations presented in this text are not intended as financial advice but rather the insights of an individual who has an interest in recognizing trends and patterns, much like many others in this space. The Forkast 500 NFT Index is down over 2% over the past seven days, reflecting a sharp decline in the NFT market. A new memecoin called $PEPE has been trading at volume, causing high transaction fees on Ethereum. NFT volume, on the other hand, has suffered as traders practice patience, with many waiting for fees to normalize.', 'Cryptocurrencies are a speculative asset class. They come with extreme risk. Therefore, investors need not treat the issue of investing in them lightly. However, the recent surge in the value of some cryptocurrencies has left many investors wondering which cryptos to buy 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: 2023-04-22 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $527,986,670,362 - Hash Rate: 360804518.3013832 - Transaction Count: 354752.0 - Unique Addresses: 652782.0 Social & AI Sentiment: - Fear & Greed Index: 0.53 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: VICTORIA , Seychelles , March 22, 2023 /PRNewswire/ -- Bitget , the largest crypto copy trading platform, has announced a $30 million investment in the decentralized BitKeep multi-chain wallet, becoming its controlling stakeholder. The deal will allow the exchange to extend its range of services while also supporting BitKeep in enhancing the stability and security of its offerings. It's also aimed at helping both companies to leverage their strengths and collaborate on linking DeFi and CeFi. Bitget Invests US$30M In Multi-Chain Wallet BitKeep (PRNewsfoto/Bitget) The investment involves the merger of BitKeep Wallet with Bitget's business domain, significantly bolstering its existing user base and product offering. The BitKeep wallet was founded in 2018 and has been providing uninterrupted and reliable non-custodial wallet, swap and NFT marketplace services to its user base of more than 8 million across 168 countries. The wallet supports 90 mainnet networks such as Bitcoin, Ethereum, BNB Chain, Polygon, and Solana, and over 250,000 types of assets across more than 20,000 dApps. As part of the deal, Bitget has invested $30 million in BitKeep, increasing its shareholding and becoming the controlling stakeholder of the company evaluated at $300 million during its previous funding round. The partnership with Bitget will give the wallet access to the exchange's proven technology and security capabilities in the exchange domain, thus helping it improve the stability and security of its services. The investment announcement will be publicly made by the Bitget executives at Paris Blockchain Week. The deal is an important move for Bitget, as it will expand its business territory to the wallet sector and help it provide native storage and asset management services. By integrating BitKeep's established 8 million user base, Bitget will be receiving access to an entirely new audience of potential clients. This is one of Bitget's crucial moves towards Web3 entry as part of its new Go Beyond Derivatives strategy, which foresees linking CeFi and DeFi, transforming the platform from a leading contract exchange to a comprehensive and holistic exchange with its own ecosystem. Story continues Gracy Chen , managing director at Bitget, commented on the investment: " This move is a win-win choice for Bitget and BitKeep and facilitates collaborative efforts in the decentralized space and beyond. We are not only delighted to provide the team at BitKeep with the necessary support to reinforce the security and stability of its offering services, but also excited to have such an established industry player as part of our growing ecosystem. Being one of the most trusted crypto exchanges with a $300 million user protection fund, we know how much security and reliability mean to cryptocurrency users and are confident that the integration of our native solutions in this domain into BitKeep's framework will bolster its image as an attractive wallet. " Moka Han , Chief Operating Officer at BitKeep, also shared her views on the significance of the investment for users, adding: "The investment deal implies not only financial but also technical support, which will be provided to us by a professional team along with the experience necessary for product growth and market expansion. We are excited about this partnership and the potential it has to provide our users with even more comprehensive digital asset management services. We believe that working closely with Bitget will not only drive the growth of our business but also provide us with valuable experience exchange that will benefit our users." BitKeep's impressive lineup of services stretches far beyond a crypto wallet. It provides users with access to various DeFi protocols and NFT projects across different blockchains via its integrated dApp explorer, facilitating seamless and effortless interactions with crypto transactions. It also supports an NFT marketplace, a launchpad and a swap feature. As a purpose-built solution with diverse capabilities, BitKeep will further propel Bitget into the Web3 space once the integration is completed. In May 2022 , BitKeep announced a $15 million fundraising at a $100 million valuation. Dragonfly Capital led the round with participation from KuCoin Ventures, A&T Capital, Foresight Ventures, SevenX, Matrixport, Bixin Capital, Danhua Capital, Peak Capital and YM Capital. About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange with futures trading and copy trading services as its key features. Serving over 8 million users in more than 100 countries and regions, the exchange is committed to helping users trade smarter by providing a secure, one-stop trading solution. It also inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi , the leading Italian football team Juventus, and official eSports events organizer PGL. According to Coingecko, Bitget is currently a top 5 futures trading platform and a top 10 spot trading platform. For more information, visit: Website \| Twitter \| Telegram \| LinkedIn \| Discord About BitKeep BitKeep is a decentralized multi-chain digital wallet that provides an all-in-one solution for a comprehensive portfolio of services, including an integrated NFT Marketplace, wallet function, swap services, DApp Browser, and Launchpad. It offers reliable and secure asset management and trading services to more than 8 million users worldwide, covering 168 countries in North America , Europe , and Asia and is the top-rated wallet on Google Play globally, surpassing Metamask. BitKeep currently supports over 250,000 types of cryptocurrencies across over 80 chains, including major ones such as Bitcoin, Ethereum, Polygon, BNB Chain, Fantom, and Solana. For more information, visit: Website \| Twitter \| Telegram \| LinkedIn \| Discord SOURCE Bitget... - Reddit Posts (Sample): [['u/Dalkson', 'A little TA, as a treat.', 24, '2023-04-22 00:01', 'https://www.reddit.com/r/CryptoCurrency/comments/12uk1wt/a_little_ta_as_a_treat/', 'I’m going to preface this with I know a lot of people here dislike TA; However, I have seen a few ask for more of it in the community. I am by no means an expert, but my trades are net green using simple TA with support and resistance lines.\n\nhttps://preview.redd.it/9w3462n58bva1.png?width=2532&format=png&auto=webp&v=enabled&s=9dfc513d5c7fcc5f2139ff8f03d3bc21aea88a80\n\nhttps://preview.redd.it/kk97nry68bva1.png?width=2532&format=png&auto=webp&v=enabled&s=a76145d7cc91144251638f7ebd115eb2b9a323e6\n\nBased off these charts, BTC and ETH have broken support. Considering we have been pumping quite a bit, a pullback is healthy, and it just so happens that the next major support will be a perfect 50% pullback since march 10th.\n\nThese 50% pullbacks are common in trends and happened after the January pump to 24k and 1700 respectively.\n\nI am not saying anyone should sell or short, but I do think that there is a possibility we momentarily revisit these levels. What I do think people should do during the next week or so is prepare to be able to buy this possible dip. \n\n\nEdit: \n\nI should add that hitting 24k would give us this nice support line along the bottom.\n\nhttps://preview.redd.it/qpfx1gejpbva1.png?width=965&format=png&auto=webp&v=enabled&s=edeffd1268e5d8856ee81ed7c78afa8383f52805', 'https://www.reddit.com/r/CryptoCurrency/comments/12uk1wt/a_little_ta_as_a_treat/', '12uk1wt', [['u/Calm-Cartographer677', 22, '2023-04-22 00:03', 'https://www.reddit.com/r/CryptoCurrency/comments/12uk1wt/a_little_ta_as_a_treat/jh77kbo/', 'I love a bit of astrology in the evening, thanks OP!', '12uk1wt']]], ['u/spookmann', 'NOTE: Bitcoin dropping 10% in a week is not particularly newsworthy.', 465, '2023-04-22 00:55', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/', 'And frankly, that should scare the crap out of anybody who is HODLing bags of bitcoin.', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/', '12ulo2k', [['u/therobotisjames', 103, '2023-04-22 01:01', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh7ew0c/', 'Computer money go down! No!!!', '12ulo2k'], ['u/grauenwolf', 106, '2023-04-22 01:41', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh7jtqd/', "Bitcoin going up was good news to report on during the plague.\n\nWith all of the bad news these days, reporters don't need filler content like Bitcoin crashing (again).\n\nAnd I agree, that's bad for Bitcoin.", '12ulo2k'], ['u/decaf_flat_white', 63, '2023-04-22 01:43', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh7k4vx/', 'Steady lads, CZ’s wash trading bot army just suffered a small technical fault. Just got to page some poor IT sap who’s getting paid in imaginary internet money to fix it over the weekend.\n\nNothing to see here. Go back to being poor everyone.', '12ulo2k'], ['u/greyenlightenment', 21, '2023-04-22 02:07', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh7n4n1/', 'Yeah this is why ppl got to chill when the price goes up. it falls way faster and more than it goes up. long term trend: zero.', '12ulo2k'], ['u/greyenlightenment', 48, '2023-04-22 02:09', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh7nclr/', 'funny how bitcoin losses are always measured in dollars', '12ulo2k'], ['u/robot_slave', 11, '2023-04-22 02:17', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh7obkk/', "OK, fine, piss on my campfire.\n\nI'm a sicko, and I'm going relish my Line Go Down even if it does only last fifteen minutes.", '12ulo2k'], ['u/poobly', 10, '2023-04-22 02:39', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh7r11k/', 'You know we’re laughing at you, right?', '12ulo2k'], ['u/Short_Syllabub_303', 20, '2023-04-22 02:43', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh7rh5q/', 'When a cryptobro unironically uses the mantras in our sub and we upvote by mistake 😂', '12ulo2k'], ['u/Opcn', 12, '2023-04-22 02:52', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh7sjqp/', 'One bag will always equal one bag. Hodl!', '12ulo2k'], ['u/Potential-Coat-7233', 22, '2023-04-22 03:33', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh7xj8z/', 'Price doesn’t matter, abysmal adoption rates does.\n\nThis shit is hilarious in up and down markets.', '12ulo2k'], ['u/biffbobfred', 16, '2023-04-22 03:46', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh7z6ru/', 'Abysmal adoption rates help price stability. If there’s no actual usage flow then the market manipulation flow can be smaller', '12ulo2k'], ['u/barsoapguy', 45, '2023-04-22 04:18', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh82w40/', 'BeczuE bro, we do our own due diligence.\n\nThe vast majority of us are quite smart here.', '12ulo2k'], ['u/InsightTussle', 28, '2023-04-22 04:18', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh82wat/', 'Is that why tether printed another billion?', '12ulo2k'], ['u/Way-Reasonable', 74, '2023-04-22 04:26', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh83uwn/', "10% just doesn't do it for me anymore...I need bigger losses to trigger my dopamine", '12ulo2k'], ['u/DukkhaHappens', 30, '2023-04-22 04:27', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh83xbm/', 'Actually the Bitcoin price drop is signaling an upcoming moonshot. So it’s good for Bitcoin. 😂', '12ulo2k'], ['u/Gildan_Bladeborn', 13, '2023-04-22 05:03', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh88262/', 'Tree fiddy.', '12ulo2k'], ['u/therobotisjames', 29, '2023-04-22 05:45', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8cnfs/', 'Computer money should be measured in bytes.', '12ulo2k'], ['u/ThePhysicistIsIn', 19, '2023-04-22 05:56', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8dqnr/', 'Basically yeah, we read about crypto a lot', '12ulo2k'], ['u/PatchworkFlames', 12, '2023-04-22 06:30', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8h5ta/', '50% down and 100% up are equivalently big changes in asset value. Percentage decrease inherently has a bigger effect of the value of assets as the same percentage increase.', '12ulo2k'], ['u/[deleted]', 32, '2023-04-22 06:31', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8h9z7/', ">Do u just read about crypto a lot or sumn?\n\nThis is a sub for making fun of crypto morons. Why would people who don't know anything about crypto follow it?", '12ulo2k'], ['u/MrBirdHorner', 21, '2023-04-22 07:12', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8kwur/', 'It might surprise you to discover that the more one understands crypto and crypto markets, the less one wants anything to do with either', '12ulo2k'], ['u/Mongorize', 17, '2023-04-22 07:18', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8lej3/', "Christ - You really are a complete idiot, aren't ya?", '12ulo2k'], ['u/frivol', 22, '2023-04-22 08:00', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8orjw/', 'So a basket of drugs and ransom?', '12ulo2k'], ['u/entered_bubble_50', 16, '2023-04-22 08:26', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8qrtz/', 'Bro, Binance accounts for >80% of bitcoin transactions. They claim 11 trillion dollars in transactions per 24 hours. They are crypto. Everyone else is a rounding error.', '12ulo2k'], ['u/drlogwasoncemine', 10, '2023-04-22 08:38', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8rml0/', "Yeah, tether has to print to cover all the crypto sales. When the price goes up, people are excited and buy Bitcoin. When the price drops, it's cheaper so people buy more Bitcoin.\n\nSee, totally justified if you think about it taps head", '12ulo2k'], ['u/JasperJ', 12, '2023-04-22 09:02', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8tcpl/', 'Kilowatthours might be viable.', '12ulo2k'], ['u/entered_bubble_50', 14, '2023-04-22 09:07', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8tq8n/', "Sorry, you're right, it's 11 billion not trillion. \n\nThe interest comes from the fact that this is the biggest scam of all time, by far, and it's collapsing around us in real time. It's just interesting.", '12ulo2k'], ['u/JasperJ', 13, '2023-04-22 09:08', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8trkx/', 'Your idiocy is more along the lines of your deliberately misspelled folksy bonhomie.', '12ulo2k'], ['u/therobotisjames', 13, '2023-04-22 09:08', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8trqa/', 'Kilowatt bytes divided by computers equals money. Very simple. I don’t understand why people can’t understand this.', '12ulo2k'], ['u/deco19', 11, '2023-04-22 09:14', 'https://www.reddit.com/r/Butt... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Illustration by Mitchell Preffer for Decrypt This week, markets were at the mercy of macroeconomic factors as some at the Fed have indicated another rate hike is due next month. Crypto was also subjected to intense scrutiny by regulators in both the U.S. and EU. Bitcoin and Ethereum led the downturn, with similar seven-day losses of over 10% impacting many leading cryptocurrencies. The U.S. Securities and Exchange Commission’s (SEC) crackdown on crypto made headlines on Monday when the regulator sued yet another big crypto business for alleged failure to comply with securities laws, Seattle-based exchange Bittrex . Delphi Labs’ Gabriel Shapiro was outraged by the agency’s description of the Dash (DASH) token as a security. I just read SEC's case against Bittrex & am floored...more aggressive than could've been imagined and goes directly against Dash's no-premine model, saying DASH is a security despite the fact that the devco is funded by validators out of block rewards... pic.twitter.com/McpZEYTK1O — _gabrielShapir0 (@lex_node) April 17, 2023 On Thursday, The European Parliament passed the Markets in Crypto Assets (MiCA) bill with 517 votes in favor, 38 against, and 18 abstentions. The legislation now gives the bloc’s 27 constituent states a unified approach to crypto. Rebecca Retig, Chief Policy Officer at Polygon Labs, wrote a thread on Monday arguing that the bloc still needed to tweak its data act, which she described as “overbroad” and “ likely unenforceable in decentralized systems.” 1/ 🚨Today @0xPolygonLabs published an open letter to the EU on Art. 30 of the #DataAct , which could have serious consequences for permissionless smart contracts. @Ledger has joined in proposing amendments to narrow Art. 30 to protect decentralized software development. Read 👇 pic.twitter.com/AZHGCm14sQ — Rebecca Rettig (@RebeccaRettig1) April 17, 2023 Institutional Bitcoin whale Michael Saylor complained about all the sats he was receiving on Tuesday. Story continues So @MicroStrategy converted my corporate email address into a #Lightning ⚡️ address and people keep sending me 21 sats...🧡 pic.twitter.com/FHde6RtA6N — Michael Saylor⚡️ (@saylor) April 17, 2023 Crypto lawyer Rodrigo, who tweets under the handle @RSSH273 , tweeted a lengthy legal objection to the sanctioning of crypto privacy mixer Tornado Cash by U.S. authorities. We filed an amicus in the suit that 6 Tornado Cash users brought against the unprecedented sanctions of TC open-source code Our argument is simple: Sanctions only apply to “people” or “entities,” and their “property.” TC fits none of those definitions—it is just open-source code pic.twitter.com/oCKuRpIFyZ — Rodrigo (@RSSH273) April 17, 2023 Coinbase CEO Brian Amstrong flexed his diplomatic muscle in London on Tuesday. Later in the week the exchange announced extensive expansion plans ,\xa0 a maneuver to counteract the increasing assertiveness and aggressiveness of U.S. regulators towards the exchange and industry in recent months. Great meeting today with UK Economic Secretary and City Minister @griffitha . The UK is moving fast on sensible crypto regulation to both drive economic growth AND consumer protection. Excited to keep investing in the UK. 🇬🇧 pic.twitter.com/478PQSLmDe — Brian Armstrong (@brian_armstrong) April 17, 2023 Twitter user @Tayvano_ flagged a multimillion dollar wallet draining operation that has been active since December. For the past 48hrs I've been unwinding a massive wallet draining operation 😳😭 I don't know how big it is but since Dec 2022 it's drained 5000+ ETH and ??? in tokens / NFTs / coins across 11+ chains. Its rekt my friends & OGs who are reasonably secure. No one knows how. pic.twitter.com/MafntG7RkP — Tay 💖 (@tayvano_) April 18, 2023 Republican Tom Emmer’s appearance at a hearing in Washington on the oversight of the SEC made the rounds on Twitter with an eminently quotable soundbite. At the hearing, Emmer grilled SEC chair Gensler and said, “You’ve been an incompetent cop on the beat,” before claiming the SEC chair was pushing American firms into the “hands of the CCP (Chinese Communist Party).” And he’s pushing innovation into the hands of a communist country, the United States’ number one adversary: pic.twitter.com/lE0Q4TuhYa — Tom Emmer (@GOPMajorityWhip) April 18, 2023 Blockchain sleuth @ZachXBT on Wednesday compiled a long list of scams that rapper Soulja Boy has shilled since he got involved in crypto. 1/ In recent weeks influencers have given @souljaboy praise for new NFT projects in hopes of clout. In reality he has been one of the most shameless promoters in the crypto space. In my research I observed 73 promotions & 16 NFT drops done by him. Many of these were scams. pic.twitter.com/8xRDN79S5t — ZachXBT (@zachxbt) April 19, 2023 Do the “hiccups” referred to in writer and lawyer @NYCSouthpaw ’s tweet refer to blanket refusals from mama and papa Bankman-Fried to have their phones compromised in such an intrusive manner? Likely! One of SBF’s bail conditions is his parents have to have cell phones that automatically snap photos of the user every couple minutes, and they’re having some hiccups setting it up. https://t.co/i8NHWcb1qH — southpaw (@nycsouthpaw) April 19, 2023 On Thursday, news hit Twitter that Tornado Cash developer Alex Pertsev, who was arrested by Dutch authorities in August for allegedly facilitating money laundering, is getting released next Wednesday so he can prepare for his trial at home. tornado cash dev alex pertsev reportedly released just now pic.twitter.com/Lg1s01VaRP — banteg (@bantg) April 20, 2023 Gabriel Shapiro that day pitched his idea of a BORG. An abbreviation for “cybernetic organization,” the BORG is a “new middle” between the decentralized and autonomous principles of DAOs and the legal entitlements and compliant structures of traditional business entities. BORGs merge traditional business entities with smart contracts, offering a new path for DAO legal structuring. They are the culmination of years of my thinking on how to bridge meatspace corporate law & the on-chain world. pic.twitter.com/gaME7yXdvh — _gabrielShapir0 (@lex_node) April 20, 2023 Finally, Dogecoin creator turned-nocoiner Billy Markus still thinks crypto is a lunatic’s game. investing in crypto is literally just investing in mental illness which i suppose is on the rise, so… — Shibetoshi Nakamoto (@BillyM2k) April 22, 2023", 'This week, markets were at the mercy ofmacroeconomic factorsas some at the Fed have indicated another rate hike is due next month. Crypto was also subjected to intense scrutiny by regulators in both the U.S. and EU. Bitcoin and Ethereum led the downturn, with similar seven-day losses of over 10% impacting many leading cryptocurrencies.\nThe U.S. Securities and Exchange Commission’s (SEC) crackdown on crypto made headlines on Monday when the regulator sued yet another big crypto business for allegedfailure to complywith securities laws, Seattle-based exchangeBittrex. Delphi Labs’ Gabriel Shapiro was outraged by the agency’s description of the Dash (DASH) token as a security.\nOn Thursday, The European Parliament passed theMarkets in Crypto Assets(MiCA) bill with 517 votes in favor, 38 against, and 18 abstentions. The legislation now gives the bloc’s 27 constituent states a unified approach to crypto. Rebecca Retig, Chief Policy Officer at Polygon Labs, wrote a thread on Monday arguing that the bloc still needed to tweak its data act, which she described as “overbroad” and “likely unenforceablein decentralized systems.”\nInstitutional Bitcoin whale Michael Saylor complained about all the sats he wasreceivingon Tuesday.\nCrypto lawyer Rodrigo, who tweets under the handle@RSSH273, tweeted a lengthy legal objection to the sanctioning of crypto privacy mixer Tornado Cash by U.S. authorities.\nCoinbase CEO Brian Amstrong flexed his diplomatic muscle in London on Tuesday. Later in the week the exchange announced extensiveexpansion plans,\xa0 a maneuver to counteract the increasing assertiveness and aggressiveness of U.S. regulators towards the exchange and industry in recent months.\nTwitter user@Tayvano_flagged a multimillion dollar wallet draining operation that has been active since December.\nRepublican Tom Emmer’s appearance at a hearing in Washington on the oversight of the SEC made the rounds on Twitter with an eminently quotable soundbite. At the hearing, Emmer grilled SEC chair Gensler and said, “You’ve been an incompetent cop on the beat,” before claiming the SEC chair was pushing American firms into the “handsof the CCP(Chinese Communist Party).”\nBlockchain sleuth@ZachXBTon Wednesday compiled a long list of scams that rapper Soulja Boy has shilled since he got involved in crypto.\nDo the “hiccups” referred to in writer and lawyer@NYCSouthpaw’s tweet refer to blanket refusals from mama and papa Bankman-Fried to have theirphones compromisedin such an intrusive manner? Likely!\nOn Thursday, news hit Twitter that Tornado Cash developer Alex Pertsev, who was arrested by Dutch authorities in August for allegedly facilitating money laundering, isgetting releasednext Wednesday so he can prepare for his trial at home.\nGabriel Shapiro that day pitched his idea of a BORG. An abbreviation for “cybernetic organization,” the BORG is a “new middle” between the decentralized and autonomous principles of DAOs and the legal entitlements and compliant structures of traditional business entities.\nFinally, Dogecoin creator turned-nocoiner Billy Markus still thinks crypto is a lunatic’s game.', "Decentralization may be core to crypto\x92s DNA, but the same cannot be said about people\x92s preferences when engaging with digital assets, said Arthur Hayes. The distribution of decision-making and control is an essential component of Satoshi Nakamoto\x92s vision for Bitcoin in 2008, well before the dawn of the digital assets industry. But Hayes, the former CEO of cryptocurrency exchange BitMEX, suggested this central tenet isn\x92t important to the masses Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-04-23 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $533,099,142,950 - Hash Rate: 355961504.6329083 - Transaction Count: 432760.0 - Unique Addresses: 604273.0 Social & AI Sentiment: - Fear & Greed Index: 0.56 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin and Ether extended their declines in Tuesday afternoon trade in Asia, along with most other top 10 non-stablecoin cryptocurrencies by market capitalization, after regulators in the U.S. pulled up Binance, the world’s biggest crypto exchange, for allegedly violating trading mandates . Asian markets mostly gained on Tuesday, reflecting a rise in U.S. equities on Monday, as investor sentiment picked up following a slew of positive announcements that eased fears of a banking sector crisis. See related article: Binance rejects U.S. charges of violating trading rules, manipulating markets Fast facts Bitcoin, the world’s biggest cryptocurrency by market cap, lost 3.06% to US$26,960 in 24 hours to 4 p.m. in Hong Kong, according to data from CoinMarketCap , declining 2.22% in the last seven days. Ethereum dropped 1.61% to US$1,724, after losing 0.6% on the week. BNB, the native token of the world’s largest crypto exchange Binance, saw the biggest decline among top 10 cryptos. The token dropped 5.19% in the last 24 hours to US$309, after the U.S. Commodity Futures Trading Commission said Monday it filed a “civil enforcement action” lawsuit against Binance and its top executives for allegedly breaking trading rules. XRP was the only token among top 10 cryptos to gain in Tuesday afternoon trade in Asia, climbing 5.61% to US$0.4843, and has risen 25.47% on the week. The gains come as Ripple Labs, whose payment network is powered by XRP, expects to win a lawsuit filed against it by the U.S. Securities and Exchange Commission for allegedly selling US$1.3 billion in unregistered securities. The global crypto market capitalization dropped 1.96% to US$1.13 trillion, while the total crypto market volume gained 30.1% to US$43.42 billion in the last 24 hours. The Forkast 500 NFT index fell 0.54% to 4,004.93 on the day and declined 3.34% on the week. The index is a proxy measure of the performance of the global NFT market and includes 500 eligible smart contracts on any given day. Asian equity markets mostly rose on Tuesday after concerns regarding a banking industry crisis eased. Hong Kong’s Hang Seng Index rose 1.11%, South Korea’s Kospi increased 1.07% and Japan’s Nikkei 225 gained 0.15%. The Shanghai Composite lost 0.19% and the Shenzhen Component Index dropped 0.72%, over concerns that Covid-19 related disruptions continue to hamper China’s economic recovery . Gold slid 0.24% to US$1,951 an ounce, after falling 1% on Monday. The precious metal remains under its one-year high of US$2,000 that it touched last week. European bourses rose for a second consecutive day. The benchmark STOXX 600 gained 0.34% and Germany’s DAX 40 advanced 0.5%. European Central Bank President Christine Lagarde will speak at the opening ceremony of the Bank for International Settlements’ Innovation Hub Eurosystem Centre later Tuesday. London’s benchmark FTSE 100 rose 0.43% during the day, after Bank of England Governor Andrew Bailey said the country’s financial system is resilient and has robust capital, but warned that interest rates may move higher. See related article: Is our banking system obsolete? View comments... - Reddit Posts (Sample): [['u/mbdtf95', 'If people who created Buttcoin sub on the day they created it decided to invest $100 in Bitcoin instead that day and not sell, they would have $211k worth of BTC now', 1644, '2023-04-23 00:44', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/', "So that subreddit which is just a community of BTC and crypto haters was created on 18th of July in 2011. \n\nhttps://www.statmuse.com/money/ask/bitcoin+price+2011\n\nLooking at the price chart from 2011, back then price of 1 BTC was hovering at $13.16 on that particular day meaning just $100 would get you 7.6 BTC at the time. At current time of writing this, this would be worth about $211k right now. At the peak of Bitcoin back in 2021's bullrun, worth of that would be well over half a million USD.\n\n It's amazing that haters on there are longstanding users, hating for more than 10 years constantly on a thing like Bitcoin and crypto. Imagine hating something so much, calling it a ponzi scheme, a scam etc... for years and see that exact thing you're hating go from few dollars to over $50k, and you still keep hating it over the years being delusional.", 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/', '12vma5t', [['u/mishaog', 34, '2023-04-23 00:46', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbr312/', 'hindsight is 20/20', '12vma5t'], ['u/astockstonk', 12, '2023-04-23 00:57', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbsgek/', 'Beavis invested in Bitcoin. \n\nButt-Head created Buttcoin instead.', '12vma5t'], ['u/samer109', 24, '2023-04-23 01:00', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbsswy/', "Buttcoiners be like:\n\n- I'm glad I didn't buy bitcoin when it was $100, it's too risky and volatile.\n- I'm glad I didn't buy bitcoin when it was $1000, it's a bubble and a scam.\n- I'm glad I didn't buy bitcoin when it was $10,000, it's a Ponzi scheme and a waste of energy.\n- I'm glad I didn't buy bitcoin when it was $100,000, it's a fad and a cult.\n- I'm glad I didn't buy bitcoin when it was $1,000,000, it's too late and too expensive.", '12vma5t'], ['u/Calm_Lemonade', 14, '2023-04-23 01:04', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbt9bl/', 'Not exactly the case for them since they hate it anyway', '12vma5t'], ['u/Harold838383', 13, '2023-04-23 01:09', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbtwp5/', 'This should be posted in their sub', '12vma5t'], ['u/Cryptizard', 140, '2023-04-23 01:10', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbu2ob/', "If you had the opportunity to invest early in a ponzi scheme and make a bunch of money, but you thought at the time it was a ponzi scheme and knew that it would be taking money from other people, would you do it? That is what you are suggesting here. I don't agree with them, but they are at least consistent and believe in something. That is worthy of respect. Or do you just want to go through life with everyone agreeing with everything you say and never challenging you?", '12vma5t'], ['u/Consistent_Many_1858', 286, '2023-04-23 01:15', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbup3w/', "99% of us would have sold it at $10 or less. That's the truth.", '12vma5t'], ['u/Popular_Worry_9294', 11, '2023-04-23 01:17', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbuuqf/', 'Buttcoiners should keep not buying Bitcoin so price can go up more. We should thank them.', '12vma5t'], ['u/Kiiaru', 15, '2023-04-23 01:22', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbviww/', 'Same. I think it\'s good to see what crypto opponents have to say. A lot of their criticism is valid, and I do think crypto as a whole suffers from toxic positivity, celebrating all things even remotely positive as great while sweeping bad under the rug, or proclaiming that the bad things "aren\'t really bad because X"', '12vma5t'], ['u/experiencenonsense', 317, '2023-04-23 01:28', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbw85m/', "Posts like this help further demonstrate that crypto is only about number go up and that's more important than any utility or use case. As long as you can make a profit, that's what's truly important.", '12vma5t'], ['u/Harucifer', 11, '2023-04-23 01:37', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbxb7z/', '>even after all the things Bitcoin achieved in those 10 years.\n\nCan you name one meaningful achievement other than price (or "LiNe Go uP")? Bitcoin is less used for transactions today than it ever was. People just want to buy and hoard it while the whitepaper clearly stated it\'s supposed to be transacted with.', '12vma5t'], ['u/Onyourknees__', 61, '2023-04-23 01:38', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbxeyw/', "Guess I'm in the 1% that would have held out for at least an 🎱 on the silken highway.", '12vma5t'], ['u/Trylks', 11, '2023-04-23 01:45', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbyak9/', 'They know. That fuels their hate too.', '12vma5t'], ['u/Elie0_0', 27, '2023-04-23 01:57', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbztay/', "Exactly, this is ridiculous.\n\n\n\nWhy would they have invested, when they don't think that it's price determines anything?", '12vma5t'], ['u/Legitimate_Concern_5', 16, '2023-04-23 02:05', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhc0rxt/', 'Nope, it’s from first principles. Hated it then and hate it now because it doesn’t make any sense. You’ll find a lot of us know an awful lot about crypto, blockchain, economics and the space as a whole. A lot of us are software engineers. Even my coiner friends ask me for updates on the space.\n\nThe fundamentals have not changed. On that we might even agree?\n\nAnyways there’s tons of ways to make money. Only thing you’ve gotta be is right, at the right time. haha. Everyone’s constantly missing out on hundreds of ways to be wealthy. It’s just the nature of life.\n\nBut look, I do wish you all the best.', '12vma5t'], ['u/Baecchus', 72, '2023-04-23 02:13', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhc1pa3/', 'I can transfer value from anywhere to anywhere at anytime without a middle man while having 100% custody over my assets. Sounds like a use case to me.', '12vma5t'], ['u/Baecchus', 18, '2023-04-23 02:17', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhc24km/', 'I don\'t think the "you\'d be up this much" argument is very useful either. If I bought Pepe at the perfect time I\'d turn $250 into a million as well. Doesn\'t prove anything about Pepe.', '12vma5t'], ['u/Baecchus', 17, '2023-04-23 02:22', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhc2qs2/', "I don't think those people even know what a ponzi scheme is. That word is thrown around every 10 seconds but people don't seem to know where it came from and what it's used to describe. Nothing about BTC makes it a ponzi scheme.\n\n[Here's a Charles Ponzi documentary](https://www.youtube.com/watch?v=w4waqVKanxA&vl=en) for those who are actually interested in learning instead of throwing that word around ignorantly.", '12vma5t'], ['u/Bucksaway03', 21, '2023-04-23 02:25', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhc35kp/', 'Without being charged $16 or something ridiculous to', '12vma5t'], ['u/elysiansaurus', 33, '2023-04-23 02:26', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhc3au2/', 'This, why would they invest $100 in something that they are almost certain is a scam, if anything, as Bitcoin rose over the years the sub probably lost some members who got converted into being pro Bitcoin.', '12vma5t'], ['u/Elie0_0', 12, '2023-04-23 02:34', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhc47lv/', 'Alright Shakespeare', '12vma5t'], ['u/nicklor', 10, '2023-04-23 02:44', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhc5enw/', 'I think if anything it discourages actual use because by spending it you are losing potential revenue for example the famous pizza story. Who wants to spend BTC at 30k when it might be at 100k in a year.', '12vma5t'], ['u/DunamisMax', 43, '2023-04-23 02:45', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhc5kzs/', 'What percentage of the population in modern civilized countries actually needs to do that, legitimately asking? Maybe 1% at most? We already have a multitude of completely free and instant forms of sending cash to others (Zelle for example). I understand the whole "no middle man" thing, but no one cares about that.', '12vma5t'], ['u/conceiv3d-in-lib3rty', 10, '2023-04-23 02:50', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhc63s8/', 'ser what do u mean, i’m in it for the tech', '12vma5t'], ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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) -- Bitcoin’s rebound is just the start of a rally that will take it past $50,000 next year courtesy of a process known as halving that curbs the supply of new tokens, according to projections from crypto analysts.\nMost Read from Bloomberg\n• Tesla Drops Model Y Starting Price Below the Average US Vehicle\n• Quants Are ‘Out of Ammo’ for Buying Stocks, Goldman Warns\n• Netflix Spain Lost 1 Million Users Last Quarter, Kantar Says\n• First Republic Faces Potential Curb on Borrowing From Fed\n• Singapore Hikes Property Tax, Doubling Rate on Foreigners to 60%\nThe largest digital asset has climbed 67% since Dec. 31 in a partial revival from an epic rout in 2022. While the token at the moment is struggling in the vicinity of $30,000, halving holds the potential to trigger an advance of at least 81%, according to Bloomberg Intelligence and Matrixport.\nA halving – or halvening – cuts in half the amount of tokens that Bitcoin miners receive as reward for their work. The quadrennial event is due next around April 2024 and is part of the process of capping Bitcoin supply at 21 million tokens. The coin hit records after each of the last three halvings.\nThe upcoming halving is currently about 50% priced in based on previous cycles, said Jamie Douglas Coutts, a Bloomberg Intelligence analyst. Coutts predicts that Bitcoin can scale $50,000 by April 2024.\n“Bitcoin cycles bottom around 12-18 months prior to the halving and this cycle structure looks similar to the past ones, albeit many things have changed — while the network is vastly stronger, Bitcoin has never endured a prolonged severe economic contraction,” he said.\nThe Bitcoin bounce has sputtered of late, restrained by cooling expectations of Federal Reserve interest-rate cuts amid persistent inflation. A US regulatory crackdown on crypto in the wake of the FTX exchange’s collapse in November 2022 also threatens to darken the market outlook.\nFTX Low\n“If the collapse of FTX was indeed the bottom of this cycle, then history would suggest that we still have approximately 350 days of ‘accumulation’ before witnessing the characteristic post-halving breakout price action,” said Jacob Joseph, an analyst at CCData.\nMarkus Thielen, research head at Matrixport, said in a recent note that Bitcoin will reach around $65,623 by April 2024 — more than double the current price.\nBitcoin remains about $41,000 down from its all-time high of almost $69,000 in November 2021 — which came 18 months after its 2020 halving. Crypto markets crashed last year as central banks jacked up rates to curb price pressures and digital-asset companies imploded.\n“Bitcoin may once again reach a new all-time high in the future, however, it is unlikely to see the same growth as previous cycles due to increased market size and competition from other digital assets,” said CCData’s Joseph.\nBitcoin edged up less than 0.5% to $27,590 as of 8 a.m. in Singapore on Monday after retreating a little more than 9% last week. Smaller tokens like Ether, Cardano and Solana also made modest gains as the trading week got underway in the Asia-Pacific region.\nMost Read from Bloomberg Businessweek\n• Musk Bets the House of Tesla on Low Prices and Razor-Thin Margins\n• Carvana Was Built for Low Interest Rates. Can It Survive Its $8 Billion Debt?\n• Walmart Is Using AI to Negotiate the Best Price With Some Vendors\n• How Asia’s Hottest New App Was Sunk by Secret China Connections\n• VPNs Are Going Mainstream, and So Are Their Trust Issues\n©2023 Bloomberg L.P.', '(Bloomberg) -- Bitcoin’s rebound is just the start of a rally that will take it past $50,000 next year courtesy of a process known as halving that curbs the supply of new tokens, according to projections from crypto analysts.\nMost Read from Bloomberg\n• Tesla Drops Model Y Starting Price Below the Average US Vehicle\n• Quants Are ‘Out of Ammo’ for Buying Stocks, Goldman Warns\n• Netflix Spain Lost 1 Million Users Last Quarter, Kantar Says\n• First Republic Faces Potential Curb on Borrowing From Fed\n• Singapore Hikes Property Tax, Doubling Rate on Foreigners to 60%\nThe largest digital asset has climbed 67% since Dec. 31 in a partial revival from an epic rout in 2022. While the token at the moment is struggling in the vicinity of $30,000, halving holds the potential to trigger an advance of at least 81%, according to Bloomberg Intelligence and Matrixport.\nA halving – or halvening – cuts in half the amount of tokens that Bitcoin miners receive as reward for their work. The quadrennial event is due next around April 2024 and is part of the process of capping Bitcoin supply at 21 million tokens. The coin hit records after each of the last three halvings.\nThe upcoming halving is currently about 50% priced in based on previous cycles, said Jamie Douglas Coutts, a Bloomberg Intelligence analyst. Coutts predicts that Bitcoin can scale $50,000 by April 2024.\n“Bitcoin cycles bottom around 12-18 months prior to the halving and this cycle structure looks similar to the past ones, albeit many things have changed — while the network is vastly stronger, Bitcoin has never endured a prolonged severe economic contraction,” he said.\nThe Bitcoin bounce has sputtered of late, restrained by cooling expectations of Federal Reserve interest-rate cuts amid persistent inflation. A US regulatory crackdown on crypto in the wake of the FTX exchange’s collapse in November 2022 also threatens to darken the market outlook.\nFTX Low\n“If the collapse of FTX was indeed the bottom of this cycle, then history would suggest that we still have approximately 350 days of ‘accumulation’ before witnessing the characteristic post-halving breakout price action,” said Jacob Joseph, an analyst at CCData.\nMarkus Thielen, research head at Matrixport, said in a recent note that Bitcoin will reach around $65,623 by April 2024 — more than double the current price.\nBitcoin remains about $41,000 down from its all-time high of almost $69,000 in November 2021 — which came 18 months after its 2020 halving. Crypto markets crashed last year as central banks jacked up rates to curb price pressures and digital-asset companies imploded.\n“Bitcoin may once again reach a new all-time high in the future, however, it is unlikely to see the same growth as previous cycles due to increased market size and competition from other digital assets,” said CCData’s Joseph.\nBitcoin edged up less than 0.5% to $27,590 as of 8 a.m. in Singapore on Monday after retreating a little more than 9% last week. Smaller tokens like Ether, Cardano and Solana also made modest gains as the trading week got underway in the Asia-Pacific region.\nMost Read from Bloomberg Businessweek\n• Musk Bets the House of Tesla on Low Prices and Razor-Thin Margins\n• Carvana Was Built for Low Interest Rates. Can It Survive Its $8 Billion Debt?\n• Walmart Is Using AI to Negotiate the Best Price With Some Vendors\n• How Asia’s Hottest New App Was Sunk by Secret China Connections\n• VPNs Are Going Mainstream, and So Are Their Trust Issues\n©2023 Bloomberg L.P.', '(Bloomberg) -- Bitcoin\x92s rebound is just the start of a rally that will take it past $50,000 next year courtesy of a process known as halving that curbs the supply of new tokens, according to projections from crypto analysts. Most Read from Bloomberg Tesla Drops Model Y Starting Price Below the Average US Vehicle Quants Are \x91Out of Ammo\x92 for Buying Stocks, Goldman Warns Netflix Spain Lost 1 Million Users Last Quarter, Kantar Says First Republic Faces Potential Curb on Borrowing From Fed Singapore Hikes Property Tax, Doubling Rate on Foreigners to 60% The largest digital asset has climbed 67% since Dec. 31 in a partial revival from an epic rout in 2022. While the token at the moment is struggling in the vicinity of $30,000, halving holds the potential to trigger an advance of at least 81%, according to Bloomberg Intelligence and Matrixport. A halving \x96 or halvening \x96 cuts in half the amount of tokens that Bitcoin miners receive as reward for their work. The quadrennial event is due next around April 2024 and is part of the process of capping Bitcoin supply at 21 million tokens. The coin hit records after each of the last three halvings. The upcoming halving is currently about 50% priced in based on previous cycles, said Jamie Douglas Coutts, a Bloomberg Intelligence analyst. Coutts predicts that Bitcoin can scale $50,000 by April 2024. \x93Bitcoin cycles bottom around 12-18 months prior to the halving and this cycle structure looks similar to the past ones, albeit many things have changed \x97 while the network is vastly stronger, Bitcoin has never endured a prolonged severe economic contraction,\x94 he said. The Bitcoin bounce has sputtered of late, restrained by cooling expectations of Federal Reserve interest-rate cuts amid persistent inflation. A US regulatory crackdown on crypto in the wake of the FTX exchange\x92s collapse in November 2022 also threatens to darken the market outlook. FTX Low \x93If the collapse of FTX was indeed the bottom of this cycle, then history would suggest that we still have approximately 350 days of \x91accumulation\x92 before witnessing the characteristic post-halving breakout price action,\x94 said Jacob Joseph, an analyst at CCData. Story continues Markus Thielen, research head at Matrixport, said in a recent note that Bitcoin will reach around $65,623 by April 2024 \x97 more than double the current price. Bitcoin remains about $41,000 down from its all-time high of almost $69,000 in November 2021 \x97 which came 18 months after its 2020 halving. Crypto markets crashed last year as central banks jacked up rates to curb price pressures and digital-asset companies imploded. \x93Bitcoin may once again reach a new all-time high in the future, however, it is unlikely to see the same growth as previous cycles due to increased market size and competition from other digital assets,\x94 said CCData\x92s Joseph. Bitcoin edged up less than 0.5% to $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: 2023-04-24 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $527,836,170,531 - Hash Rate: 341432463.6274834 - Transaction Count: 360173.0 - Unique Addresses: 634746.0 Social & AI Sentiment: - Fear & Greed Index: 0.53 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: As investors look for cryptos to buy with the Bitcoin ( BTC-USD ) halving on the horizon, some under-the-radar names are well-positioned to provide outsized gains this year. Despite other growth names slowing down, the sustained crypto rally has made some investors believe that a new crypto bull market might have already started. However, with the backdrop of a banking crisis, high interest rates, and a possible recession, I believe it will take a lot more time before the crypto market reaches a new all-time high. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Rate cuts are likely later this year, and the halving event early next year will translate into a substantial upside. By finding the right cryptos to buy, your portfolio will be set to capitalize on such a rally. Investors can even invest directly into pre-made portfolios or tokenized funds offered by companies such as Velvet.Capital with high returns. Or they can use trading bots on exchanges like Binance or KuCoin . For example, Velvet offers flexible architecture, tokenization module and integrations with all major DeFi primitives including AMMs, liquidity aggregators, lending protocols, staking pools and other yield farming options. But if you’re looking specifically for individual projects with high upside potential, these are the three cryptos to buy: RNDR-USD Render Token $2.03 MATIC-USD Polygon $1.16 ( ETH-USD Ethereum $ 2,075.81 Render Token (RNDR) A concept image of the world with different crypto icons. Source: Shutterstock Render Token ( RNDR-USD ) is a token that is used to rent GPU rendering power on the Render network. The token is also a reward for users who lease their GPU computing power to the network. Essentially, the network pools all the GPU power from users worldwide and then resells that power to individuals and institutions that need to render digital art, movies, documentaries, motion graphics, or anything that requires GPU power. I believe this project is an efficient way to speed up the rendering process for those who can’t afford expensive GPUs, and it is also quite cheap. Story continues There are growing sectors with huge demand for rendering power, such as artificial intelligence, cloud computing, the metaverse, and rising interest in digital art. These trends will act as tailwinds for the Render Token in the long run. AI and cloud computing are two of the hottest sectors right now. That should explain why RNDR is delivering much higher gains compared to the rest of the market. Polygon (MATIC) A phone, on top of a laptop keyboard, displaying the logo for Polygon. Polygon Price Predictions Source: sdx15 / Shutterstock.com Polygon ( MATIC-USD ) is a layer-2 project that runs on the Ethereum ( ETH-USD ) blockchain. It aims to solve the existing problems on the Ethereum blockchain, such as scalability and speed, using layer-2 solutions. Of course, there are lots of layer-2 projects on Ethereum right now. But what makes Polygon unique is its zkEVM support and the fast-growing gaming sector on the network. The zkEVM support will allow developers on Ethereum to use the Polygon layer-2 protocol without writing any new code. They can easily skip the high fees but with the added security of zero-knowledge technology. That’s different from the optimistic rollups with EVM support, as they have less security. Polygon is well-positioned to capitalize on Ethereum’s growth and could become an essential part of the Web 3.0 puzzle. Ethereum (ETH) Concept coins for Ethereum (ETH) and Ethereum Classic (ETC). Source: Shutterstock Ethereum is arguably the best crypto project out there. It leads the Web 3.0 space, as it supports various programming languages (through clients), tools, and standards for developing dapps. Ethereum also has the largest and the most diverse developer community in the crypto ecosystem, which gives it an edge over its competitors. One of the main strengths of Ethereum is its security and stability. Unlike some of its rivals, such as Solana ( SOL-USD ) or Avalanche ( AVAX-USD ), Ethereum has never experienced a major network outage or a catastrophic bug. Ethereum has also proven its resilience against attacks and hacks thanks to its large network of validators and developers. Still, some may point out that Ethereum has a scalability issue, as it can only process about 25 transactions per second on its base layer. However, this is not a problem for me, as Ethereum has many layer-2 solutions that can boost its performance and lower its costs. As I’ve explained earlier, Polygon is one of them, with a blazing-fast 7,200 TPS. That’s less than Solana’s but enough to meet the needs of the Ethereum network. Even Solana uses no more than ~4,000 TPS . Routine (such as Shapella) upgrades continue to add to the network’s security and efficiency. On 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.com Publishing Guidelines . Omor Ibne Ehsan is a writer at InvestorPlace. He is a self-taught investor with a focus on growth and cyclical stocks that have strong fundamentals and long-term potential. He also has an interest in high-risk, high-reward investments such as cryptocurrencies and penny stocks. You can follow him on LinkedIn . More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today It doesn’t matter if you have $500 or $5 million. Do this now. Massive Bear Market “Divergence Event” Ahead… And The #1 Way to Play It The post 3 Cryptos That Could Go Parabolic in 2023 appeared first on InvestorPlace .... - Reddit Posts (Sample): [['u/KingHunter150', 'I know this is a pedantic complaint, but I think it speaks volumes to the lackluster and anti player grind Lightkeeper is', 256, '2023-04-24 00:17', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/', 'So, to make the Ledex craft, you need essentially an academic journal textbook to "read" how to make them. Um okay, but you can only get it via a quest after what is an insane grind to Lightkeeper. But this lore reason makes no sense. We have the flea market, and a PC and even a bitcoin farm, and thus access to the internet. So why couldn\'t we access the knowledge one needs to make a Ledex craft via the infinite knowledge source that is the internet? It just feels so tacky and arbitrary—a clearly forced grind to gain access to an item. Now I know you can just get Ledex\'s by, you know, playing the game and finding them in raid and surviving. But the question then: what is the point of the craft? If you want to make it this arbitrarily hard and grindy to make Ledex\'s for a quest that you will most likely have already done, and where it is more efficient to just farm Ledexs for the trade-in where it doesn\'t matter if you die, why have this grindy convoluted quest chain that feels so anti-climatic?\n\nI don\'t understand the direction or purpose of the "end game" content being a no-life grind fest with rather lackluster rewards. It doesn\'t feel like a game, it feels like busywork, and it doesn\'t even make sense within the game\'s own lore. I hope Lightkeeper gets updated with more interesting mechanics, like being an in-person trader in the future like we all assumed he would be. I feel like it would be a lot cooler if you had to bring him a variety of valuable barter items and he gave you the item in question. That way you facilitate a map being also a trade point, and all the chaos and fighting would occur around that. As it stands, there isn\'t really a reason to camp the lighthouse either unless you\'re just griefing. If the idea was you could get valuable traded loot off people with access to Lightkeeper then at least the map would have a unique element to it that sets it apart from all the other maps.', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/', '12wsck5', [['u/Xnuclearwarhead', 18, '2023-04-24 00:40', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhg7t6w/', 'Super helpful, I bet people groan when you show up anywhere.', '12wsck5'], ['u/[deleted]', 275, '2023-04-24 00:56', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhg9xfy/', 'lightkeeper is grindy? he is hidden so far beyond the thickest wall of tedious tasks that i dont even bother to start fulfilling requirements to open him. i bet he doesnt exist for 99.99% of players', '12wsck5'], ['u/Xnuclearwarhead', 15, '2023-04-24 01:08', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgbjjf/', "Did you think about maybe not everyone spends their whole week on the EFT reddit? Ops post isn't whiney, it's a legit criticism.", '12wsck5'], ['u/[deleted]', 30, '2023-04-24 01:35', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgeyxt/', 'im 46 and im nowhere near him', '12wsck5'], ['u/doxjq', 66, '2023-04-24 01:47', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhggdw1/', 'I’m actually curious to know how many players have done it. It can’t be many surely. I would assume it was less than 0.1%', '12wsck5'], ['u/Kitteh_91', 24, '2023-04-24 02:07', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgiykl/', "the book required to craft a ledx can be found in raid, my friends found one on labs, and it can be found on lighthouse as well. The book is now just a reward similar to the other items people think is only obtainable from lightkeeper, like the item needed for intel lvl 3 can be found on labs and that other new 2x2 slot tech item. Lightkeeper's tasks at this point is just quests for those who are bored and need something else to do until he can actually be traded with.", '12wsck5'], ['u/TimSad', 11, '2023-04-24 02:18', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgk9pt/', 'What’s the point of being the way that you are?', '12wsck5'], ['u/Goyu', 10, '2023-04-24 02:20', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgkjsx/', "It's legit criticism. An intense grind should have some kind of meaningful reward, but most of the time the harder the grind the more useless and lackluster the reward. Making busywork that takes weeks to complete is not the solution to the end game problems that Tarkov has, it's just a way of making sure the playercount doesn't get too high.\n\nIt's ok to criticize the game kiddo, it's not perfect and little Nicky doesn't need your protection.\n\nNot gonna address the rest of what you said. It was too stupid.", '12wsck5'], ['u/SomeScientist', 103, '2023-04-24 02:45', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgno0t/', 'It’s so strange to me that we’re supposedly beta testing this game and yet this new stuff is so grindy to get to in the first place. You’d think they’d want more eyes on this new section of game play.', '12wsck5'], ['u/KingHunter150', 53, '2023-04-24 02:51', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgody0/', 'I feel from the answers people have given, either serious or from gate keeping no-lifers, is that this grind is somehow fun to them. It gives a reason for the streamers to stay around longer and the elitists something to work towards. My question though for BSG: why tailor your end game around giving purpose to a small part of your player base that will do anything if it gives them an excuse to play more. The end game content is surely more of a turn off to most players, especially when there is a wipe cycle. Furthermore, no streamers have done the Light Keeper tasks legitimately. They all cheesed it with their viewers. If the people that actually advertise your game complete the endgame by cheesing because its too ridiculous to them, I feel like that is a serious problem.', '12wsck5'], ['u/folie11', 23, '2023-04-24 03:13', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgr38v/', 'A useless "vendor" on Lighthouse hidden behind a bunch of tedious quests ( not like we\'re lacking those anyway ). He proves no purpose other than existing.', '12wsck5'], ['u/KingHunter150', 20, '2023-04-24 03:21', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgs49z/', "I mean from a purely purposeful meaning, video games aren't meant to provide that. Its just kinda sad if your reason to wake up is a videogame that gives you fake arbitrary challenges that make a 9-5 office job more appealing. Videogames for most people who have their purpose derived from life play videogames to have fun, of which challenging games are definitely a genre of fun. But this isn't that, this is a time sink, it is disrespectful of a player's time to actually play the game, unless your sole purpose for the day is derived from playing a videogame like a full-time job. As you can imagine that isn't a tenable situation, and for the small minority that has the ability to do that, that also isn't a tenable market to make money off of from BSG's perspective. It seems more like a poorly executed way to add longevity to a wipe when people drop off and get bored. And if your solution to making a ride last longer is increasing the waiting time in the line before you hop on, well thats just a shitty system and insulting to the time of the player. Make the game have longevity by being fun, not busywork.", '12wsck5'], ['u/KingHunter150', 14, '2023-04-24 03:24', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgsgyv/', "I did. My response was that is a sad and bad solution for the health of the game and anyone who actually enjoys this grind, IF the only reason they put up with this grind is that its one of the few or only avenues of purpose in their life. I am feeling sadness for fellow gamers if that is the state they're in, or the lunacy of BSG to try and exploit that demographic.", '12wsck5'], ['u/KingHunter150', 16, '2023-04-24 03:25', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgsksx/', 'Amazing response that encapsulates the problem lol', '12wsck5'], ['u/Uncle_Bobby_B_', 12, '2023-04-24 04:00', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgwvmy/', 'How am I coping lol', '12wsck5'], ['u/Representative-Dig16', 15, '2023-04-24 04:17', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgyvwa/', 'You are literally the people OP was referring to lol', '12wsck5'], ['u/KingHunter150', 13, '2023-04-24 04:21', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgzcar/', "I know. Its amazing that the slightest criticism turned him into a gatekeeper revealing he derives purpose from a shitty game mechanic that he flaunts over others as a facade of elitism. I'm still half thinking he's just a brilliant troll, well for his sake.", '12wsck5'], ['u/Churu_', 13, '2023-04-24 07:18', 'https://www.reddi... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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) -- Countries including China and Iran are deploying digital repression more frequently to target dissent both at home and beyond their borders, the top US intelligence official said, raising the alarm about the erosion of democratic norms worldwide. Most Read from Bloomberg Tesla Drops Model Y Starting Price Below the Average US Vehicle Fed’s Jerome Powell Tricked by Russian Pranksters Posing as Zelenskiy US Economic Growth Slows to 1.1% While Inflation Accelerates ASML, Europe’s Most Valuable Tech Firm, Is at the Heart of the US-China Chip War Fugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving Bitcoin Invasive spyware, disinformation and other technological tools pose a grave threat to US national security, Director of National Intelligence Avril Haines said Monday. Even worse, she added, artificial intelligence can enable regimes to head off efforts to counter them. “The use of these technologies and methods to monitor and limit dissent are on a trajectory to become even more pervasive, targeted and complex,” Haines said at the Carnegie Endowment for International Peace in Washington. “We’re seeing more and more instances of other countries engaging in digital repression and their adoption of these approaches is, in turn, contributing to further democratic erosion,” she said. US Charges 44 Over Chinese Harassment of Dissidents Overseas Haines singled out Russia for passing laws that censored opposition to its invasion of Ukraine and imprisoning people who spread so-called “fake news.” Iran and China, she said, had curtailed digital speech, both domestically and elsewhere. China is “the world’s leading perpetrator of transnational repression,” Haines said. She pointed to a recent indictment against four dozen Chinese officials for allegedly harassing Chinese citizens in the US. Chinese embassy spokesman Liu Pengyu rejected Haines’s characterization and said the country abides by international law. Story continues “China firmly opposes the US’s slanders and smears, its political manipulation, the false narrative of ‘transnational repression,”’ Liu said in a statement. “The US abuse of judicial and law enforcement means against the Chinese citizens is the real ‘transnational repression,’ bringing further damage to the mutual trust between the two countries and bilateral cooperation in the relevant fields.” Haines warned of the rising practice of governments cutting off Internet access, which she said had happened more than 180 times across 35 countries last year. The US intelligence community has seen a record number of governments block websites with political, social or religious content. Most Read from Bloomberg Businessweek A Tax Loophole Makes EV Leasing a No-Brainer in the US At Charles Schwab, Being a Big Bank Has Become a Big Problem Good Luck Paying for Those $10,000 Obesity Drugs Everyone’s Talking About Musk Bets the House of Tesla on Low Prices and Razor-Thin Margins Biden Sparks a $2 Trillion Arms Race Over Chips, Green Subsidies ©2023 Bloomberg L.P.', '(Bloomberg) -- Countries including China and Iran are deploying digital repression more frequently to target dissent both at home and beyond their borders, the top US intelligence official said, raising the alarm about the erosion of democratic norms worldwide.\nMost Read from Bloomberg\n• Tesla Drops Model Y Starting Price Below the Average US Vehicle\n• Fed’s Jerome Powell Tricked by Russian Pranksters Posing as Zelenskiy\n• US Economic Growth Slows to 1.1% While Inflation Accelerates\n• ASML, Europe’s Most Valuable Tech Firm, Is at the Heart of the US-China Chip War\n• Fugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving Bitcoin\nInvasive spyware, disinformation and other technological tools pose a grave threat to US national security, Director of National Intelligence Avril Haines said Monday. Even worse, she added, artificial intelligence can enable regimes to head off efforts to counter them.\n“The use of these technologies and methods to monitor and limit dissent are on a trajectory to become even more pervasive, targeted and complex,” Haines said at the Carnegie Endowment for International Peace in Washington.\n“We’re seeing more and more instances of other countries engaging in digital repression and their adoption of these approaches is, in turn, contributing to further democratic erosion,” she said.\nUS Charges 44 Over Chinese Harassment of Dissidents Overseas\nHaines singled out Russia for passing laws that censored opposition to its invasion of Ukraine and imprisoning people who spread so-called “fake news.” Iran and China, she said, had curtailed digital speech, both domestically and elsewhere.\nChina is “the world’s leading perpetrator of transnational repression,” Haines said. She pointed to a recent indictment against four dozen Chinese officials for allegedly harassing Chinese citizens in the US.\nChinese embassy spokesman Liu Pengyu rejected Haines’s characterization and said the country abides by international law.\n“China firmly opposes the US’s slanders and smears, its political manipulation, the false narrative of ‘transnational repression,”’ Liu said in a statement. “The US abuse of judicial and law enforcement means against the Chinese citizens is the real ‘transnational repression,’ bringing further damage to the mutual trust between the two countries and bilateral cooperation in the relevant fields.”\nHaines warned of the rising practice of governments cutting off Internet access, which she said had happened more than 180 times across 35 countries last year. The US intelligence community has seen a record number of governments block websites with political, social or religious content.\nMost Read from Bloomberg Businessweek\n• A Tax Loophole Makes EV Leasing a No-Brainer in the US\n• At Charles Schwab, Being a Big Bank Has Become a Big Problem\n• Good Luck Paying for Those $10,000 Obesity Drugs Everyone’s Talking About\n• Musk Bets the House of Tesla on Low Prices and Razor-Thin Margins\n• Biden Sparks a $2 Trillion Arms Race Over Chips, Green Subsidies\n©2023 Bloomberg L.P.', 'Cryptocurrency exchange Coinbase took action against the Securities and Exchange Commission (SEC) late Monday, asking a federal court to compel the agency to respond to its demand for clearer crypto regulations. The exchange sent the SEC its so-called “ petition for rulemaking ” last July, and asked the regulator to propose and adopt rules for digital assets securities. It also sought answers to 50 specific questions that would provide “clarity and certainty regarding the regulatory treatment of digital asset securities." Some of the questions center on the SEC’s methodology for classifying certain tokens as securities, while others focus on topics like asset custody and trading crypto asset securities on SEC-regulated exchanges. Under the law, the SEC is required to address Coinbase’s petition within a “reasonable” amount of time, a person familiar with the situation told Decrypt , alluding to the Administrative Procedure Act . They said that, from Coinbase’s point of view, a reasonable amount of time has passed after nine months with no response. Coinbase Is Backing Ripple Against the SEC Responding to the questions and creating new rules related to digital asset securities would be beneficial for the health of U.S. capital markets, the petition argued. “The U.S. does not currently have a functioning market in digital asset securities due to the lack of a clear and workable regulatory regime,” it stated. “New rules facilitating the use of digital asset securities would allow for a more efficient and effective allocation of capital in financial markets.” Should it ultimately respond to the petition, the financial watchdog could say that it does not believe new rules are necessary, echoing comments made by SEC Chairman Gary Gensler. During a congressional hearing last month, Gensler said “ regulations actually already exist ” for crypto to be managed effectively under securities laws. But if the SEC’s response to Coinbase’s petition is not to create new rules, then the company would have the opportunity to challenge the SEC in court, the source said. And, according to the source, until the company gets a response from the SEC, the exchange’s push for regulatory clarity is effectively on ice. Story continues Coinbase Chief Legal Officer Paul Grewal wrote in a blog post that Coinbase is not asking the court to tell the SEC how to respond. "We are simply requesting that the Court order the SEC to respond at all, which they are legally obligated to do," he said. "It’s important for the SEC and any other agency petitioned for rulemaking to respond to the petition once the agency has made up its mind, especially if the answer is no," Grewal continued. "Otherwise, the public can never exercise its right to ask a court if the agency’s decision was proper." Coinbase Backs Grayscale’s Bitcoin ETF Lawsuit Against SEC The petition was filed on the same day that the SEC claimed nine tokens available on Coinbase were unregistered securities, listed in an insider trading lawsuit brought against a former Coinbase product manager, Ishan Wahi, and two others. The exchange’s challenge comes amid a regulatory crackdown in the U.S., where agencies like the SEC and the Commodity Futures Trading Commission (CFTC) have stepped up their scrutiny of digital assets firms so far this year. The cryptocurrency exchange Kraken reached a settlement with the SEC in February over its staking-as-a-service program, which the agency alleged was offered to investors in violation of securities laws. Kraken was hit with a $30 million fine and agreed to cease the service for clients in the U.S. as part of its settlement. But Kraken—which consists of Payward Ventures, Inc. and Payward Trading Ltd.—did not admit to or deny the SEC’s allegations. Coinbase signaled its staking products could also come under regulatory pressure after the co Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-04-25 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $529,715,309,912 - Hash Rate: 302688354.2796839 - Transaction Count: 369843.0 - Unique Addresses: 663868.0 Social & AI Sentiment: - Fear & Greed Index: 0.53 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: New technologies are often scary. Then, over time, people get to know them a little—and often still wouldn’t touch them with a 10-foot pole. That would be you, cryptocurrency. More from Fortune: 5 side hustles where you may earn over $20,000 per year—all while working from home Looking to make extra cash? This CD has a 5.15% APY right now Buying a house? Here's how much to save This is how much money you need to earn annually to comfortably buy a $600,000 home The Pew Research Center yesterday released the results of a survey showing that a whopping 88% of Americans have heard at least something about crypto, and three-quarters of those people are either not very confident (36%) or not at all confident (39%) about the safety and reliability of virtual currencies. A mere 6% are very or extremely confident in crypto. Of course, hearing about something and experiencing it are two different things, and Pew’s research does show that those who have invested in crypto (around a sixth of U.S. adults, who tend to be wealthier, younger men) are somewhat more likely to find it trustworthy—just 43% of that cohort lack confidence in it. Americans aged 50 or older are less likely to be confident about crypto, as are women. On the plus side for Team Crypto, 69% of those who have invested in, traded, or used cryptocurrencies still hold some of it. The results don’t indicate how much they still hold, but, for those who don’t urgently need to liquidate their holdings, I guess it makes sense to avoid selling in a crypto winter. As it happens, Bitcoin is on an upward trajectory at the moment, having just broken past the $30,000 mark for the first time since the middle of last year. But that’s not necessarily an expression of confidence in Bitcoin as such—it probably has more to do with the expectation that central banks will stop hiking interest rates. There’s certainly no reason to think regulators are going to become less hostile to crypto in the near future, especially given recent actions such as the U.S. Commodity Futures Trading Commission’s civil suit against Binance and its CEO, Changpeng “CZ” Zhao, over alleged compliance violations. Story continues Speaking of which, do read Jeff John Roberts and Yvonne Lau’s exclusive interview with the otherwise-quiet-these-days Zhao, which delves deep into his formative experiences in Canada and China—and even his relationship with his brilliant but remote father. And don’t forget to check out Fortune’ s new Crypto 40 list , which shows how, even if trust in cryptocurrencies is dismal these days, many blockchain technologists are still building quality companies. Want to send thoughts or suggestions to Data Sheet? Drop a line here . David Meyer Data Sheet’s daily news section was written and curated by Andrea Guzman. This story was originally featured on Fortune.com More from Fortune: 5 side hustles where you may earn over $20,000 per year—all while working from home Looking to make extra cash? This CD has a 5.15% APY right now Buying a house? Here's how much to save This is how much money you need to earn annually to comfortably buy a $600,000 home... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["The original crypto bad boy Arthur Hayes still has a bone to pick with what he calls the \x93broken banking system.\x94 Hayes, the founder of the cryptocurrency exchange BitMEX, said he sees crypto as an important asset for consumers to own as a hedge against risk from the traditional banking system. \x93I don\x92t care if you\x92re capitalist or a communist. Everybody put on a lot of debt. We\x92ve passed the point where that debt is becoming useful,\x94 Hayes said during an interview for a recent episode of the gm from Decrypt podcast. \x93And therefore everyone is going to take an 'L' unless they get some crypto or some gold\x97some hard asset that\x92s outside of the traditional banking system.\x94 Normies Don\x92t 'Actually Care About Decentralization': Arthur Hayes Hayes founded BitMEX in 2014 and reaped his rewards for being so early to the industry. But in 2021, the Department of Justice charged him with violating the U.S. Bank Secrecy Act for failing to comply with anti-money laundering programs at BitMEX. He pleaded guilty and after serving two years probation and six months of home detention, he has relocated to Singapore. In that time, Hayes has continued writing long-form essays about cryptocurrency and blockchain adoption. He says his motivations are to educate people about how crypto works and why it\x92s valuable as an alternative to traditional financial institutions. According to Hayes, it\x92s become too politically damaging to let institutions fail in the traditional banking system. Instead, he said, politicians and regulators have tried to keep things going by piling on an increasing amount of debt. He referenced the collapse of Silicon Valley Bank, where consumers rushed to withdraw their funds and triggered a massive bank run. Ultimately, California state banking regulators had to place SVB into receivership and the Federal Reserve had to implement emergency lending . Recent banking collapses have also increased interest in alternative assets, such as Bitcoin, according to Hayes. He said people feared that they could not get full access to their assets, a large concern especially for institutions with large volumes of capital, and it made people consider cryptocurrency as an alternative. As financial institutions have suffered large losses this year, cryptocurrencies have conversely seen increased volume and inflows . \x93If we want crypto to be another financial system, people need to really understand what we're trying to replace, or improve upon,\x94 he said. \x93The unfortunate fact is, a lot of people don't receive any sort of education about how money works, how the banking system works, how asset markets really function.\x94", "The original crypto bad boy Arthur Hayes still has a bone to pick with what he calls the “broken banking system.”\nHayes, the founder of the cryptocurrency exchange BitMEX, said he sees crypto as an important asset for consumers to own as a hedge against risk from the traditional banking system.\n“I don’t care if you’re capitalist or a communist. Everybody put on a lot of debt. We’ve passed the point where that debt is becoming useful,” Hayes said during an interview for a recent episode of the gm fromDecryptpodcast. “And therefore everyone is going to take an 'L' unless they get some crypto or some gold—some hard asset that’s outside of the traditional banking system.”\nNormies Don’t 'Actually Care About Decentralization': Arthur Hayes\nHayes founded BitMEX in 2014 and reaped his rewards for being so early to the industry. But in 2021, the Department of Justice charged him with violating the U.S. Bank Secrecy Act for failing to comply with anti-money laundering programs at BitMEX. He pleaded guilty and after serving two years probation and six months of home detention, he has relocated to Singapore.\nIn that time, Hayes has continued writing long-form essays about cryptocurrency and blockchain adoption. He says his motivations are to educate people about how crypto works and why it’s valuable as an alternative to traditional financial institutions.\nAccording to Hayes, it’s become too politically damaging to let institutions fail in the traditional banking system. Instead, he said, politicians and regulators have tried to keep things going by piling on an increasing amount of debt.\nHe referenced the collapse of Silicon Valley Bank, where consumers rushed to withdraw their funds and triggered a massive bank run. Ultimately, California state banking regulators had to place SVB into receivership and the Federal Reserve had to implement emergencylending.\nRecent banking collapses have also increased interest in alternative assets, such as Bitcoin, according to Hayes. He said people feared that they could not get full access to their assets, a large concern especially for institutions with large volumes of capital, and it made people consider cryptocurrency as an alternative.\nAs financial institutions have suffered large losses this year, cryptocurrencies have conversely seenincreased volume and inflows.\n“If we want crypto to be another financial system, people need to really understand what we're trying to replace, or improve upon,” he said. “The unfortunate fact is, a lot of people don't receive any sort of education about how money works, how the banking system works, how asset markets really function.”", 'A digital copy of the original Bitcoin whitepaper that had been hidden on Macintosh computers for more than five years is not part of an upcoming operating system update from Apple,AppleInsiderreportedTuesday.\nThe late discovery of the PDF document went viral three weeks ago, and it represented only the latest in along line of easter eggsthat Apple (or its employees, more likely) have planted over the last several decades. It seems to have gone unnoticed by Apple\'s millions of users until 2020, when designer Joshua Dickens posted about it to Twitter. Someone who read his poststarted a threadin Apple\'s support forums in April 2021.\nIt didn\'t garner much more attention, however, until noted technologist Andy Baiowrote about itlast month.\n"Of all the documents in the world, why was the Bitcoin whitepaper chosen? Is there a secret Bitcoin maxi working at Apple?" Baio asked. "Maybe it was just a convenient, lightweight multipage PDF for testing purposes, never meant to be seen by end users."\nThe discovery even prompted Craig Wright, who has long claimed to be Bitcoin\'s pseudonymous creator Satoshi Nakamoto, to suggest that Apple wasviolating his copyright. Wright had previously got a court order to force the website Bitcoin.org toremove a copy of the paperin 2021, but the websiterefused to comply.\nAccording to participants in Apple\'s Beta Software Program, upcoming version 13.4 of MacOS Ventura do not contain the file, nor the other elements with which it was initially bundled—a test driver for a virtual scanner to allow developers to work with the operating system\'s image capture module. The files were never intended to be discovered by average users, located in hidden system files.\nAlongside the Bitcoin whitepaper PDF was a photo of a sign at Treasure Island in San Francisco.\nBaio later said that a source inside Apple told him that the presence of the paper was filed as a developer work ticket last year and was assigned to the same person who initially placed the whitepaper in the system. At the time, however, the ticket hadn\'t been acted upon.\n"They’ve indicated it will likely be removed in future versions," Baio said.', 'A digital copy of the original Bitcoin whitepaper that had been hidden on Macintosh computers for more than five years is not part of an upcoming operating system update from Apple,AppleInsiderreportedTuesday.\nThe late discovery of the PDF document went viral three weeks ago, and it represented only the latest in along line of easter eggsthat Apple (or its employees, more likely) have planted over the last several decades. It seems to have gone unnoticed by Apple\'s millions of users until 2020, when designer Joshua Dickens posted about it to Twitter. Someone who read his poststarted a threadin Apple\'s support forums in April 2021.\nIt didn\'t garner much more attention, however, until noted technologist Andy Baiowrote about itlast month.\n"Of all the documents in the world, why was the Bitcoin whitepaper chosen? Is there a secret Bitcoin maxi working at Apple?" Baio asked. "Maybe it was just a convenient, lightweight multipage PDF for testing purposes, never meant to be seen by end users."\nThe discovery even prompted Craig Wright, who has long claimed to be Bitcoin\'s pseudonymous creator Satoshi Nakamoto, to suggest that Apple wasviolating his copyright. Wright had previously got a court order to force the website Bitcoin.org toremove a copy of the paperin 2021, but the websiterefused to comply.\nAccording to participants in Apple\'s Beta Software Program, upcoming version 13.4 of MacOS Ventura do not contain the file, nor the other elements with which it was initially bundled—a test driver for a virtual scanner to allow developers to work with the operating system\'s image capture module. The files were never intended to be discovered by average users, located in hidden system files.\nAlongside the Bitcoin whitepaper PDF was a photo of a sign at Treasure Island in San Francisco.\nBaio later said that a source inside Apple told him that the presence of the paper was filed as a developer work ticket last year and was assigned to the same person who initially placed the whitepaper in the system. At the time, however, the ticket hadn\'t been acted upon.\n"They’ve indicated it will likely be removed in future versions," Baio said.', 'A digital copy of the original Bitcoin whitepaper that had been hidden on Macintosh computers for more than five years is not part of an upcoming operating system update from Apple, AppleInsider reported Tuesday. The late discovery of the PDF document went viral three weeks ago, and it rep Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-04-26 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $560,919,901,500 - Hash Rate: 314795888.4508713 - Transaction Count: 436461.0 - Unique Addresses: 668682.0 Social & AI Sentiment: - Fear & Greed Index: 0.56 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: MicroStrategy acquired 6,555 Bitcoin for around US$150 million, at an average price of US$23,238 per coin, between Feb. 16 and March 23, said Michael Saylor, MicroStrategy’s co-founder and executive chairman. See related article:MicroStrategy’s share price hits 2-month high following Saylor reshuffle • The company holds around 138,955 worth of Bitcoin, acquired for some US$4.14 billion, at an average price of US$29,817 per Bitcoin, according to Saylor’sannouncementMonday. • MicroStrategy is the world’s largest corporate Bitcoin holder, followed by Marathon Digital Holdings that has an estimated 12,232 Bitcoin on its balance sheet, according toBitcoinTreasuries. • Saylor also added that his company repaid its US$205 million Bitcoin-collateralized loan to Silvergate bank in full, at a 22% discount. • Saylor stepped down from his role as CEOto become executive chairman last August, to focus more on the company’s “Bitcoin acquisition strategy and related Bitcoin advocacy initiatives.” • Microstrategy’s shares fell 0.21% during the day to trade at US$256,67 at 9:00 p.m. in Hong Kong. Its share price has risen 60% since the start of the year, while Bitcoin values strengthened 67% in the same period. See related article:Vitalik Buterin calls MicroStrategy’s Michael Saylor a ‘total clown’... - Reddit Posts (Sample): [['u/skymtf', 'Bryant Public Schools blocks multiple lgbt website', 205, '2023-04-26 01:44', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/', 'I heard from a high school senior about multiple domains being blocked, I went ahead and had them test and it appears most lgbt websites are blocked\n\n[HRC.org](https://HRC.org)\n\n[transhub.org](https://transhub.org)\n\n[https://www.glaad.org/](https://www.glaad.org/)\n\n[transequalitynetwork.com](https://transequalitynetwork.com)\n\n[transequality.org](https://transequality.org)\n\n[pflag.org](https://pflag.org)\n\n[transgendermap.com/](https://www.transgendermap.com/)\n\n[pinknews.com](https://pinknews.com)\n\n[pride.com](https://pride.com)\n\n[stonewall.org.uk](https://stonewall.org.uk)\n\n[gaycenter.org](https://gaycenter.org)\n\n[familyequality.org](https://familyequality.org)\n\n[lalgbtcenter.org](https://lalgbtcenter.org)\n\n[lgbt.usf.edu](https://lgbt.usf.edu)\n\n[socialjustice.rutgers.edu](https://socialjustice.rutgers.edu)\n\n[equaldex.com](https://equaldex.com)\n\n[mkelgbt.org](https://mkelgbt.org)\n\n[thecenterbak.org](https://thecenterbak.org)\n\n[lgbtq.gmu.edu](https://lgbtq.gmu.edu)\n\n[wearefamilycharlston.edu](https://wearefamilycharlston.edu)\n\n[wearefamilycharleston.org/](https://wearefamilycharleston.org/)\n\n[prismlgbtq.org](https://prismlgbtq.org)\n\n[lgbtqcenter.org](https://lgbtqcenter.org)\n\n//Liberal news sources\n\n[cnn.com](https://cnn.com)\n\n[vox.com](https://vox.com)\n\n[npr.com](https://npr.com)\n\n[https://www.ualrpublicradio.org/](https://www.ualrpublicradio.org/)\n\nMultiple right wings hate websites are not blocked including[https://www.heritage.org/](https://www.heritage.org/)\n\n[https://www.focusonthefamily.com/](https://www.focusonthefamily.com/)\n\n\n\nWill add more if more are found', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/', '12z035o', [['u/Ariintothewoods', 14, '2023-04-26 02:09', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhq10g5/', 'not defending them, but i have seen many sites be blocked for keywords, such as Sex and sexuality. At my school, they managed to block making tabs, google classroom, google drive, khan academy and more for a while before being unblocked after complaint. It may be malicious, but i just think they have a flagging system. \n\nI no longer have a school owned device to check if my school has the same restrictions, but i assume it would. have you check conservative news sources to see if their blocked?', '12z035o'], ['u/FOSpiders', 39, '2023-04-26 02:37', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhq4obd/', 'There are support and human rights related sites there. But of course the hate sites are still accessible. Wouldn\'t want the kiddos miss out on the lunatic conspiracy theories now, would we?\n\nIs CNN generally considered to be too centrist for the right down there to tolerate? It\'s hard for me to tell since being from outside America, CNN comes off as pretty tolerant of ridiculous Republican nonsense. Like John Oliver mentioned, a compromise between sense and nonsense is still nonsense. "It would be crazy to eat this entire bar of soap..."', '12z035o'], ['u/Radio_up', 24, '2023-04-26 02:50', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhq6f0o/', 'A college website was blocked and NPR was blocked???', '12z035o'], ['u/Miri5613', 18, '2023-04-26 02:59', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhq7i8x/', 'Didnt see fox on that list or church websites, nothing factual coming from those', '12z035o'], ['u/Miri5613', 12, '2023-04-26 03:00', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhq7paw/', 'Smells like a right wing troll.', '12z035o'], ['u/Specvmike', 13, '2023-04-26 03:06', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhq8ifx/', 'NPR? WTF? Did they listen to Musk and are treating them like state sponsored media?', '12z035o'], ['u/Thatguyxlii', 27, '2023-04-26 03:34', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhqc1wy/', 'I wonder if SPLCenter.org and aclu.org are also blocked. Or doctorswithoutborders.org, or other sites that care about human rights and equality, but they probably are. Probably adl.org as well. But I bet the sites for Christian hate groups like the Alliance Defending Freedom or the American Family Association or the Family Research Council are accessible.', '12z035o'], ['u/Thatguyxlii', 16, '2023-04-26 03:36', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhqcbil/', "CNN is kind of a joke anyways. Best place to go for news is associated press, reuters or PBS, but I bet they're blocked, too, as well as the BBC news.", '12z035o'], ['u/Thatguyxlii', 12, '2023-04-26 03:41', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhqcz82/', 'Focus on the Family is a Christian hate group and labelled as such by the SPLC (which is probably blocked).', '12z035o'], ['u/Smurgthemaster1234', 15, '2023-04-26 04:06', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhqgdk5/', "Yeah cause news sites couldn't possibly be needed for school work 🙄", '12z035o'], ['u/djk0010', 29, '2023-04-26 05:42', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhqrwee/', 'When I worked in IT at the school district, most of the Internet comes from the state, DIS specifically. And yes, just as others have stated a lot of key words are filtered by the states Internet. It’s not specifically the school district. Keywords get flagged, not much we can do about it especially since we require Internet and receive grant money from the state because in a lot of rural areas, a lot of schools can’t afford to pay millions of dollars to have decent Internet because of location and a variety of other determining factors and in a lot of those scenarios DIS provides some if not all of the bandwidth and we have to abide by their filtering rules. A lot of districts also use them as a Main and then if other ISPs are available they will have a redundant provider through Windstream or Ritter but we are still required to do filtering through the state. \n\nI’m not saying that it makes it right but the district has little to no control over it. Just want to make sure this is being viewed from all angles not just someone that took it upon themselves just to try to go to a bunch of websites and test the integrity of the firewall to see what’s blocked without knowing the IT side of it. I can’t tell you how many times I got sick and tired of having to send in unblock request to stuff that doesn’t need to be blocked, or why this is blocked and this other thing isn’t blocked.\n\nAlso, as a heads up, I wouldn’t recommend asking kids to go to some of these sites. Regardless, if they’re a senior or not and have them test to see what’s blocked, it will flag their account with a timestamp of the infraction and depending on who handles flagged request will get them into trouble and have their Internet privileges suspended. I know most of the time the phrase kids will be kids is usually the case but that’s not always the case. I doubt any of you want to spend your afternoon getting your kids Chromebook back from the principal because of some Reddit post lol. Because I promise you administration won’t care. They have a no tolerance policy and most of you with kids sign an acceptable use policy for the schools network to be granted access.', '12z035o'], ['u/skymtf', 16, '2023-04-26 06:08', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhqupyw/', "that sadly does not seem to be a the case given, I had them go a few anti trans sites, and didnt get blocked, (if it were keywords that would of gotten triggered), secondly that doesnt exactly explain CNN/NPR. unless some AI just went rouge and flagged a bunch of stuff I feel like it's filtered, also looking at their configs and how things are blocked, they are using a thrid party company for DNS filtering. Keep in mind I am unsure how exactly the flagging system works, or when exactly a domain is scanned, I'm guessing if it scans my website and blocks it than we will know. but for some reason I feel like this is more targeted", '12z035o'], ['u/skymtf', 10, '2023-04-26 06:11', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhquz8l/', 'fox news is also unblocked, I did not mention it since testing every single site would of taken forever, also I cannot directly experiment with it.', '12z035o'], ['u/Tanthiel', 12, '2023-04-26 06:59', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhqznph/', 'The righties consider CNN far left.', '12z035o'], ['u/Toklankitsune', 13, '2023-04-26 12:44', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhrotkf/', 'to be fair they see Biden as far left somehow too. the windows shifted that far towards fascism. Biden would pass as a Regan era republican.', '12z035o']]], ['u/fnetma', 'Microstrategy should use some of their 140,000 BTC and add liquidity to the lightning network...', 48, '2023-04-26 03:47', 'https://www.reddit.com/r/Bitcoin/comments/12z2upi/microstrategy_should_use_some_of_their_140000_btc/', 'I know they are building a suite of products/services for the lightning network but it would be nice 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: ['Join the most important conversation in crypto and web3! Secure your seat today AUSTIN, Texas — Crypto innovation and regulation can mesh, a quartet of high-profile executives agreed during a spirited panel discussion on potential changes to crypto markets at Consensus 2023 . BitGo CEO Mike Belshe, Kraken Managing Director North America Guy Hirsch, Cboe Digital President John Palmer and Cumberland DRW Global Head Chris Zuehlke noted that smart regulation stemming in no small part from the debacles of 2022 could benefit crypto by giving companies clearer guideposts and increasing public trust in the asset. "There\'s no reason why innovation and regulation have to be mutually exclusive" Zuehlke said, adding that the industry had already made significant progress in a short period. Read full coverage of Consensus 2023 here. The wide-ranging discussion came as the industry rebounds from a calamitous year when a number of major crypto-focused firms imploded and trust in digital assets waned. Regulators, particularly in the U.S., are now eyeing crypto to an unprecedented degree and some observers believe the scrutiny will hurt the industry\'s growth, or at least shift the balance of power outside the U.S. The panelists discussed new challenges for liquidity and prime brokerage, how custodial services will change, regulatory issues and requirements for exchanges to prove their reserves. The panelists noted industry anxieties about regulation\'s potential damping impact, but said the relationship between crypto firms and regulatory agencies must not be contentious. Palmer noted that Cboe Digital\'s conservative offerings, which once seemed a hindrance to adoption, have become a strength as investors search for safe, trusted vehicles to store their assets. Cboe Digital offers exchange and clearinghouse services for crypto spot and derivatives markets The Kraken exchange\'s Hirsch highlighted the need to protect client assets by creating environments where customers “can trust the venues” where they engage in digital asset transactions. The group also emphasized the need for separating assets but that notable crypto failures of 2022 were related to fraud more-so that structure. Story continues Hirsch said the challenges that befell the crypto industry in 2022, can provide an opportunity moving forward, specifically via proof-of-reserves accounting. He said that the cryptographic method allowing for verification of assets can be more reliable than audits in traditional finance. Zuehlke said that despite the crypto industry\'s 2022 woes, the banking industry\'s recent near meltdown and lingering concerns about its vulnerabilities prompted a migration to bitcoin (BTC) and other digital assets. "The cat\'s out of the bag. Bank deposits are risky in a way that people didn\'t understand," Zuehlke said. He added that bitcoin has grown more resilient, with price dislocations becoming less frequent and significant, despite recent contractions in liquidity.', 'Join the most important conversation in crypto and web3! Secure your seat today\nAUSTIN, Texas — Crypto innovation and regulation can mesh, a quartet of high-profile executives agreed during a spirited panel discussion on potential changes to crypto markets atConsensus 2023.\nBitGo CEO Mike Belshe, Kraken Managing Director North America Guy Hirsch, Cboe Digital President John Palmer and Cumberland DRW Global Head Chris Zuehlke noted that smart regulation stemming in no small part from the debacles of 2022 could benefit crypto by giving companies clearer guideposts and increasing public trust in the asset.\n"There\'s no reason why innovation and regulation have to be mutually exclusive" Zuehlke said, adding that the industry had already made significant progress in a short period.\nRead full coverage of Consensus 2023 here.\nThe wide-ranging discussion came as the industry rebounds from a calamitous year when a number of major crypto-focused firms imploded and trust in digital assets waned. Regulators, particularly in the U.S., are now eyeing crypto to an unprecedented degree and some observers believe the scrutiny will hurt the industry\'s growth, or at least shift the balance of power outside the U.S. The panelists discussed new challenges for liquidity and prime brokerage, how custodial services will change, regulatory issues and requirements for exchanges to prove their reserves.\nThe panelists noted industry anxieties about regulation\'s potential damping impact, but said the relationship between crypto firms and regulatory agencies must not be contentious.\nPalmer noted that Cboe Digital\'s conservative offerings, which once seemed a hindrance to adoption, have become a strength as investors search for safe, trusted vehicles to store their assets. Cboe Digital offers exchange and clearinghouse services for crypto spot and derivatives markets\nThe Kraken exchange\'s Hirsch highlighted the need to protect client assets by creating environments where customers “can trust the venues” where they engage in digital asset transactions. The group also emphasized the need for separating assets but that notable crypto failures of 2022 were related to fraud more-so that structure.\nHirsch said the challenges that befell the crypto industry in 2022, can provide an opportunity moving forward, specifically via proof-of-reserves accounting. He said that the cryptographic method allowing for verification of assets can be more reliable than audits in traditional finance.\nZuehlke said that despite the crypto industry\'s 2022 woes, the banking industry\'s recent near meltdown and lingering concerns about its vulnerabilities prompted a migration to bitcoin (BTC) and other digital assets.\n"The cat\'s out of the bag. Bank deposits are risky in a way that people didn\'t understand," Zuehlke said. He added that bitcoin has grown more resilient, with price dislocations becoming less frequent and significant, despite recent contractions in liquidity.', "Mad Lads is the biggest thing in NFTs right now, as the Solana profile picture (PFP) project overcame alleged extortion threats and DDOS attacks to mint out last week—and has generated over $15 million worth of trading volume since. It’s a bright spot for the Solana world after some rough months. Solana’s token and vibes were rocked by the collapse of exchange FTX and the downfall of close ally Sam Bankman-Fried in November. And then in December, the creator of Solana’s prominent NFT projects DeGods and y00ts announced that both would leave for other chains, which ultimately happened in March . Armani Ferrante, a longtime Solana developer and co-founder and CEO of Mad Lads creator Coral , told Decrypt this week that the chain’s community had “been in this very dark, very crazy kind of place” since the FTX collapse, and that it “had its soul-forging moment” in that span. ‘Honeypot Bitch’: How Mad Lads Tricked Bots Into Spending $250K on Fake NFTs Ferrante added that “NFTs are super important for the network,” and described the departure of DeLabs’ DeGods to Ethereum and y00ts to Polygon as creating a chasm in the community. “There was this void,” he explained, “where the heart and soul of the NFT space needed to kind of have a new heartbeat, basically.” In that sense, he chalked part of the buzzy Mad Lads response to coincidental timing, as the project was ready to launch just weeks after those projects effectively departed Solana. But Ferrante also credited the reputation and community goodwill that he and fellow Coral co-founder Tristan Yver had built up in the space over the years. Fock it. Mad Lad #2968 sold for 3420.69 SOL 💵 $74,742.08 USD Ξ 39.95 ETH \uea00 MadLadsNFT 🛒 https://t.co/NZ848PIoaz 🧾 https://t.co/IVzY1sCzcN pic.twitter.com/xiCUL03Gko — Mad Lads Sales Bot (@MadLads_Sales) April 26, 2023 “I think a lot of folks looked at us—and I'm just speculating here—as a credible team that can execute and that are good people, fundamentally, that care a lot about the ecosystem,” he said. Mad Lads also marked the first big drop tied to Backpack , an all-in-one wallet app from Coral that’s built around its Solana xNFT, or “executable NFT,” standard. Essentially, rather than use NFTs as an access pass to token-gated content on other platforms or websites, they can contain experiences and exclusive content that’s accessible through Backpack. Story continues The Mad Lads mint was the first big launch for Backpack, which was announced last June. For Mad Lads, Coral developed an in-app story experience that resembled “a collective boss battle” against the Mad King, almost like a raid in the hit online game World of Warcraft. It was part game, part social quest, and altogether a shared experience for NFT holders. “You don't have to worry about creating new websites for your user experience,” Ferrante said of xNFTs. “You just use the NFT, and this is an incredible opportunity for creators to build new stories and create a new meta where the artwork is no longer just a piece of artwork.” So WTF are xNFTS? pic.twitter.com/LGjvHh2JFx — Mad Armani 🎒 (@armaniferrante) June 20, 2022 “It's also a living, breathing piece of computer code that can do anything,” he added. Beyond self-contained games and other types of token-gated experiences for holders, Ferrante also sees potential for NFT project creators to “get leverage with marketplaces,” for example, trading potentially valuable screen “real estate” within their apps and pointing collectors to certain trading platforms. Backpack is available in a public beta on mobile and web right now, and while xNFTs are currently permissioned due to ongoing security audits, Ferrante said, the long-term goal is to open it up to the community for anyone to build on. “The intention is: once we're confident in the security,” he said, “we'll take the permissioning off.” Ferrante promised a wave of planned announcements ahead around Backpack, including Mad Lads-related content and experiences. And longer-term, Coral wants Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-04-27 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $561,387,401,269 - Hash Rate: 314795888.4508713 - Transaction Count: 418912.0 - Unique Addresses: 673213.0 Social & AI Sentiment: - Fear & Greed Index: 0.59 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Ecoark Holdings, Inc. LAS VEGAS, March 14, 2023 (GLOBE NEWSWIRE) -- Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“ Ault Alliance ” or “ Company ” ) and Ecoark Holdings, Inc. , to be renamed BitNile Metaverse Inc. (“ Ecoark ”) (Nasdaq: ZEST) announced today that in just 12 days from the launch of the early access version of its metaverse platform (“ Platform ”), BITNILE.COM has surpassed the milestone of 225,000 7-day active users. The Platform, which went live to the public on March 1, 2023, offers a preview of the foundational world and related activities. New features and functionality are continuing to be added weekly, including 3D immersive games, eCommerce, live streaming entertainment, and social networking. The Platform will have a tiered rewards system that incentivizes users to visit often and remain for longer durations. Advertisers are expected to benefit from the increased “stickiness” and innovative advertising models unique to the metaverse. The Platform is device-agnostic, enabling end-users to access the metaverse via a web browser on any modern device, including mobile phones, tablets, PCs, and VR headsets. Milton “Todd” Ault, III, the Executive Chairman of Ault Alliance, stated, “We are excited that BITNILE.COM has achieved this milestone of surpassing 225,000 active users and congratulate the BITNILE.COM team on their hard work to provide such a unique and engaging experience. We look forward to providing regular updates, so all our members and visitors have a guide on what is new and determine what they want to do next. In time, we look forward to providing a world that is limitless.” “The number of active users on BITNILE.COM in less than two weeks since launch supports our belief that if you make the metaverse more accessible, people will come,” said Douglas Gintz, President of BITNILE.COM, Inc. “Traditionally, the metaverse has been accessible only through VR headsets or downloaded apps. By taking a browser-first approach, we’ve removed a significant barrier to entry for consumers and businesses wishing to participate.” The Company encourages the public to use this link, https://bitnile.com , and experience first-hand the early access version of the Platform and subsequent updates. For more information on Ault Alliance and its subsidiaries, the Company recommends that stockholders, investors and any other interested parties read the Company’s public filings and press releases available under the Investor Relations section at www.ault.com or available at www.sec.gov . About Ault Alliance, Inc. Ault Alliance, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, Ault Alliance owns and operates a data center at which it mines Bitcoin and provides mission-critical products that support a diverse range of industries, including a metaverse platform, oil exploration, crane services, defense/aerospace, industrial, automotive, medical/biopharma, consumer electronics, hotel operations and textiles. In addition, Ault Alliance extends credit to select entrepreneurial businesses through a licensed lending subsidiary. Ault Alliance’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141; www.Ault.com . Story continues About Ecoark Holdings, Inc. (to be renamed BitNile Metaverse Inc.) Founded in 2011, Ecoark, soon to be renamed BitNile Metaverse, owns 100% of BitNile.com, Inc., including the BITNILE.COM metaverse platform. The Platform, which went live to the public on March 1, 2023, allows users to engage with a new social networking community and purchase both digital and physical products while playing 3D immersive games. In addition to BitNile.com, Inc., Ecoark also owns three non-core subsidiaries either directly or indirectly: approximately 66% of Wolf Energy Services Inc. (OTCQB: WOEN) indirectly, 100% of Zest Labs, Inc. directly and approximately 89% of Agora Digital Holdings Inc. directly. Ecoark also owns approximately 70% of White River Energy Corp (OTCQB: WTRV). Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and neither Ault Alliance nor Ecoark undertake any obligation to update any of these statements publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. In addition to risks relating to the continuation of high oil prices, the acceptance of the Platform by individuals, competition with much larger companies operating metaverses, Ecoark’s ability to raise capital, and state regulation of bitcoin mining, investors should review risk factors, that could affect either or both of the Ault Alliance’s and Ecoark’s respective businesses and financial results which are included in Ault Alliance’s and Ecoark’s respective filings with the U.S. Securities and Exchange Commission, including, but not limited to, their respective Forms 10-K, 10-Q and 8-K. All such filings are available at www.sec.gov and on the companies’ websites at www.Ault.com and www.ecoarkusa.com , respectively. Contacts Ault Alliance Investor Contact: [email protected] or 1-888-753-2235 Ecoark Holdings Investor Contact: [email protected] or 1-800-762-7293 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: ["Despite some recent struggles, New York Bitcoin miner Greenidge today announced it was emerging from hard times to expand operations through a partnership with Core Scientific.\nIn an announcement Thursday, the minersaidthat Core Scientific will host 6,914 of Greenidge’s mining rigs as part of a one-year partnership. Core Scientific is a miner with facilities in Dalton, Georgia, and Calvert City, Kentucky.\nGreenidge, which is based in Upstate New York, will also install an additional 1,500 company-owned miners at its existing facilities.\nAs recently as December, the minersaidit had “substantial doubt” about its capacity to continue as a business. By January, the company managed to ink a deal with NYDIG and B. Riley that reduced its corporate debt by $61 million. Prior to that, the company was consideringvoluntary bankruptcyin the midst of a relentless bear market. It hasn't helped either that Greenidge has become acontroversial company, drawing attention fromactivists and legislators who have criticized the miner for its environmental practices.\nAnd last year, the New York Department of Environmental Conservation (DEC) denied Greenidge’s air permit renewal, citing issues like its failure to prove “adequate GreenHouse Gas (GHG) mitigation measures.” The company's now challenging that denial in court.\nNow, with Thursday's announcement, the miner says it has turned a page. Chief Executive Officer of Greenidge Dave Anderson said in a release that the Core Scientific partnership “will significantly improve our profitability as we move forward.”\nBitcoin mining, whichinvolves using powerful computers to verify transactions on the blockchain, has been hit hard by the current bear market. The price of Bitcoin has tumbled a long way from its all-time high of $69,044, which it saw in November 2021. Since then, mining operations have struggled to make profit.\nMiners are usually big operations consisting of warehouses hosting expensive computer machinery. A number of operations have had to sell their Bitcoin rewards or close down completely.\nEditor's Note: This article was updated to clarify that Greenidge considered bankruptcy because of the bear market, not criticism from activists and or lawmakers, and that it is challenging the denial of air permit renewal.", "Despite some recent struggles, New York Bitcoin miner Greenidge today announced it was emerging from hard times to expand operations through a partnership with Core Scientific. In an announcement Thursday, the miner said that Core Scientific will host 6,914 of Greenidge’s mining rigs as part of a one-year partnership. Core Scientific is a miner with facilities in Dalton, Georgia, and Calvert City, Kentucky. Greenidge, which is based in Upstate New York, will also install an additional 1,500 company-owned miners at its existing facilities. As recently as December, the miner said it had “substantial doubt” about its capacity to continue as a business. By January, the company managed to ink a deal with NYDIG and B. Riley that reduced its corporate debt by $61 million. Prior to that, the company was considering voluntary bankruptcy in the midst of a relentless bear market. It hasn't helped either that Greenidge has become a controversial company , drawing attention from activists and legislators who have criticized the miner for its environmental practices. And last year, the New York Department of Environmental Conservation (DEC) denied Greenidge’s air permit renewal, citing issues like its failure to prove “adequate GreenHouse Gas (GHG) mitigation measures.” The company's now challenging that denial in court. What the Next Level of Bitcoin Mining Difficulty Will Bring Now, with Thursday's announcement, the miner says it has turned a page. Chief Executive Officer of Greenidge Dave Anderson said in a release that the Core Scientific partnership “will significantly improve our profitability as we move forward.” Bitcoin mining , which involves using powerful computers to verify transactions on the blockchain, has been hit hard by the current bear market. The price of Bitcoin has tumbled a long way from its all-time high of $69,044, which it saw in November 2021. Since then, mining operations have struggled to make profit. Miners are usually big operations consisting of warehouses hosting expensive computer machinery. A number of operations have had to sell their Bitcoin rewards or close down completely. Editor's Note: This article was updated to clarify that Greenidge considered bankruptcy because of the bear market, not criticism from activists and or lawmakers, and that it is challenging the denial of air permit renewal.", "Despite some recent struggles, New York Bitcoin miner Greenidge today announced it was emerging from hard times to expand operations through a partnership with Core Scientific.\nIn an announcement Thursday, the minersaidthat Core Scientific will host 6,914 of Greenidge’s mining rigs as part of a one-year partnership. Core Scientific is a miner with facilities in Dalton, Georgia, and Calvert City, Kentucky.\nGreenidge, which is based in Upstate New York, will also install an additional 1,500 company-owned miners at its existing facilities.\nAs recently as December, the minersaidit had “substantial doubt” about its capacity to continue as a business. By January, the company managed to ink a deal with NYDIG and B. Riley that reduced its corporate debt by $61 million. Prior to that, the company was consideringvoluntary bankruptcyin the midst of a relentless bear market. It hasn't helped either that Greenidge has become acontroversial company, drawing attention fromactivists and legislators who have criticized the miner for its environmental practices.\nAnd last year, the New York Department of Environmental Conservation (DEC) denied Greenidge’s air permit renewal, citing issues like its failure to prove “adequate GreenHouse Gas (GHG) mitigation measures.” The company's now challenging that denial in court.\nNow, with Thursday's announcement, the miner says it has turned a page. Chief Executive Officer of Greenidge Dave Anderson said in a release that the Core Scientific partnership “will significantly improve our profitability as we move forward.”\nBitcoin mining, whichinvolves using powerful computers to verify transactions on the blockchain, has been hit hard by the current bear market. The price of Bitcoin has tumbled a long way from its all-time high of $69,044, which it saw in November 2021. Since then, mining operations have struggled to make profit.\nMiners are usually big operations consisting of warehouses hosting expensive computer machinery. A number of operations have had to sell their Bitcoin rewards or close down completely.\nEditor's Note: This article was updated to clarify that Greenidge considered bankruptcy because of the bear market, not criticism from activists and or lawmakers, and that it is challenging the denial of air permit renewal.", 'Join the most important conversation in crypto and web3! Secure your seat today Good morning. Here’s what’s happening: Prices: Bitcoin steadies itself comfortably above $29K. One analyst says that investors are now looking for assets that retain their value. Insights: Captain Kirk drops his first NFT collection and speaks boldly about crypto\'s potential in a Consensus 2023 discussion. Prices CoinDesk Market Index (CMI) 1,252 +17.3 ▲ 1.4% Bitcoin (BTC) $29,553 +709.8 ▲ 2.5% Ethereum (ETH) $1,912 +15.5 ▲ 0.8% S&P 500 4,135.35 +79.4 ▲ 2.0% Gold $1,998 +7.7 ▲ 0.4% Nikkei 225 28,457.68 +41.2 ▲ 0.1% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,252 +17.3 ▲ 1.4% Bitcoin (BTC) $29,553 +709.8 ▲ 2.5% Ethereum (ETH) $1,912 +15.5 ▲ 0.8% S&P 500 4,135.35 +79.4 ▲ 2.0% Gold $1,998 +7.7 ▲ 0.4% Nikkei 225 28,457.68 +41.2 ▲ 0.1% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Bitcoin Holds Above $29K; Ether Rises Over $1.9K Bitcoin set aside its concerns about renewed banking unrest and slowing U.S. economic growth to hold comfortably above $29,000 throughout U.S. trading hours on Thursday. The largest cryptocurrency by market capitalization was recently trading at about $29,500, up roughly 2.2% over the past 24 hours. BTC topped $30,000 at one point, near its earlier week highs but still well off its April peak close to $31,000. Still, investors seem to have forgotten Wednesday\'s dramatic seesawing when the crypto dipped to around $27,200 amid a mass liquidation of short and long positions and separate unfounded rumors of bitcoin sales – by the U.S. government and of crypto from failed exchange Mt. Gox – before rebounding. Since spiking approximately 40% in January, bitcoin and other cryptos have been stubbornly resistant to industry mishaps and wider macroeconomic uncertainty. "The operative word here is resilience," said Michael Sonnenshein, CEO at crypto asset management company Grayscale Investments, told CoinDesk TV on the opening day of the Consensus 2023 conference in Austin, Texas. "Despite recent setbacks whether it be trust or certain businesses that were once integral to crypto that are no longer around, what we\'re seeing is resilience." Story continues Sonnenshein added: "It\'s really encouraging time and again as this industry gets challenged, it demonstrates its strengths and comes out stronger." Grayscale and CoinDesk share the same parent company, Digital Currency Group. Ether was recently trading above $1,910, up about 0.8% from Wednesday, same time. Other major cryptocurrencies were recently up marginally little more than 36 hours after they had fallen well into the red. The CoinDesk Market Index , a measure of crypto markets performance, recently climbed 0.8%. U.S. equity markets rose as surprisingly strong earnings from tech giants Microsoft, Google parent Alphabet and, most recently Meta Platforms, trumped concerns about unexpectedly sluggish 1.1% growth in first-quarter GDP and the struggles of regional b Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-04-28 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $570,507,906,719 - Hash Rate: 355961504.6329083 - Transaction Count: 483522.0 - Unique Addresses: 725813.0 Social & AI Sentiment: - Fear & Greed Index: 0.64 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Join the most important conversation in crypto and web3! Secure your seat today Tokens issued by perpetual futures-focuseddecentralized exchange(DEX) Kwenta Protocol have outperformed the broader crypto market in the past week as traders have moved to decentralized platforms to generate relatively risk-free returns from direction-neutral strategies. The DEX's native token (KWENTA) surged to over $670 on Wednesday, rising from under $250 in mid-February to reach a market capitalization of more than $150 million at yesterday’s peak price. Bitcoin fell 5% over the same period, according to CoinGecko. KWENTA is used to incentivize the growth of the Kwentadecentralized autonomous organization(DAO) and has two primary functions – staking and platform governance. Trading volumes for the token have grown steadily in the past few weeks to nearly $50 million from just $3 million at the start of this year,statistics show, contributing to $880 million in lifetime volumes since the platform’s early 2021 launch. Kwenta works in tandem with Synthetix, a popular DEX that offers crypto, equity, and forex futures to traders. On Kwenta, Synthetix stakers take the other side of every trade. Funding rates attract traders on each side, balancing the skew. DEXs rely on smart contracts instead of middlemen to process trades. DEX traders have found a way to profit from perpetual futures funding arbitrage opportunities by utilizing the spread in funding rates between perpetual futures on different exchanges. By taking bullish long and bearish short positions on the futures contract and the underlying asset, traders can capitalize on the difference in funding rates between the two markets. For example, at writing time on Thursday, bitcoin (BTC) perpetual futures on Kwenta have an hourly funding rate of -0.001935%, giving a daily rate of -0.04% pocketed by short position holders. The daily yield on such a position at a 25x leverage – the highest offered by Kwenta – is close to 1%. On dYdX, another DEX, thefunding rate for bitcoin is 0.000164%, meaning it is paying 0.003% daily to traders who hold BTC perpetual futures on the platform. The difference between funding rates can be exploited with the help of a market-neutral strategy. A trader can place a bearish short position on Kwenta and collect the funding rate of 0.04% per day and simultaneously take a long position on dYdX and pay the funding rate of 0.003% per day. That way, the trader can safely pocket the difference in funding rates while bypassing market volatility. “As there is a difference between the funding rates, the trader profits from the difference after all fees,” according toSynthetix documents. Funding is similar to an interest payment. It is a set percentage of one’s position size that traders either pay, or get paid, at regular intervals. If funding is positive, longs pay shorts, and if funding is negative, shorts pay longs. Funding rates are used to adjust the price of the contract over time to keep it in line with the price of the underlying asset. Just as traders pay funding, those on the opposite side of the trade collect funding, based on market demand. This can boost profit and loss on directional positions, or be used as part of a more complex strategy. However, funding reduces the profitability of a trade, and increases risk of liquidation. For example, hourly funding of 0.01% is about 87% annualized, Kwenta’s technical documents show. Traders can utilize funding rates to create their own strategies, such as basis trading and funding rate arbitrage. These common strategies are known as Delta Neutral, where short and long exposure is balanced and returns are made regardless of market direction.... - Reddit Posts (Sample): [['u/OrsaMinore2010', 'Steelman against crypto in general, video format.', 26, '2023-04-28 01:01', 'https://www.reddit.com/r/ergonauts/comments/131admo/steelman_against_crypto_in_general_video_format/', "Here is a video by a guy named James Jani, which does a pretty good job of explaining and criticizing cryptocurrencies, tokens, nft's, and web 3, as well as bitcoin itself.\n\n[https://www.youtube.com/watch?v=ORdWE\\_ffirg](https://www.youtube.com/watch?v=ORdWE_ffirg)\n\nI think it is very well done, though I obviously don't agree with all the conclusions.\n\nI'm sure this post would be immediately stricken from r/cc, but here I might get away with posting it and asking for you to acknowledge what we're up against with Gensler, the SEC, the Biden administration, and the general public (in addition to the r/buttcoin crowd.\n\nTL;DW in the comments.", 'https://www.reddit.com/r/ergonauts/comments/131admo/steelman_against_crypto_in_general_video_format/', '131admo', [['u/ErwinDurzo', 13, '2023-04-28 02:48', 'https://www.reddit.com/r/ergonauts/comments/131admo/steelman_against_crypto_in_general_video_format/jhzs6ha/', "You can also make a compelling argument that western civilization as a whole is bound for a huge shift and that central banking and thus the fiat system itself is flawed, we could go on for days down this rabbit hole, I'm sure most of us have done so at some point.\n\nIf you read authors that follow the Austrian school of economics for instance, the logical conclusion is pretty much what I just said, and there are hundreds of well thought-out, internally sound books on the subject, and they not only explain currency crashes of the past but also predict a few of the crises we've gone through decades after such predictions were made, which is a hallmark of a good theory of reality\n\nThis is not a black and white subject, we have competing theories successfully explain a lot of things that have happened to currencies and societies so far, the only way to gather more evidence on whether or not we're right is to make predictions using our mental model and then, many years later, find out whether those predictions turned out to be true.\n\nAnyway, in this grey mess the reason I choose to side with crypto ( especially bitcoin and later with ergo ) is because I believe that individual sovereignty tends to lead to more prosper outcomes, which has usually been the case throughout history. Thus, due to something akin to an economic darwinism, systems that highlight this level of personal freedom will prosper eventually, even if it takes a black swam event that destroys the more fragile ones and instead of hurting, \\helps\\ crypto.\n\nI haven't addressed his bullet points specifically because I think finding the truth through that lens is not a computable problem, society is simply too complex - maybe an ASI could do it -, we need instead to focus on what the incentives are and make a high level prediction about what these systems tend to converge to given enough entropy and time, and then we'll know which mental models of reality are better, because the best one will make the best predictions.", '131admo']]], ['u/wpeironnet', 'First Republic Bank Run Scare Pumping Bitcoin Will Not Be the Last Bank Run Scare to Effect the Markets.', 49, '2023-04-28 01:51', 'https://www.reddit.com/r/CryptoCurrency/comments/131bloq/first_republic_bank_run_scare_pumping_bitcoin/', 'Over the last couple days we have all seen the articles about First Republic Bank possibly going under due to bank runs and mismanagement of assets. \n\nFirst Republic is the 18th largest banks in the US. Ranked 18 in the entire USA, that is massive. \n\nThis should be giving us a taste of what is to come. You can be certain that other large banks are being effected as while as plenty of smaller banks with smaller assets.\n\nThe next fed meeting is likely to increase rates once again which is putting on further pressure and the more fear of bank runs being published makes it more likely to grow the issue. For these reasons I suspect more bank runs to come.\n\nWhen banks fail gold’s price goes. Bitcoin is the hold of crypto which holds value. As we’ve seen with FRB Bitcoins price is pumping as people become fearful of banks and with possibly more fear to come I suspect Bitcoins price may continue raising.\n\nThis is all just food for thought you’re gonna wanna keep a sharp eye on the fed meetings, banks earnings, and price actions for BTC. Exciting and scary times.', 'https://www.reddit.com/r/CryptoCurrency/comments/131bloq/first_republic_bank_run_scare_pumping_bitcoin/', '131bloq', [['u/jorneyp', 17, '2023-04-28 01:55', 'https://www.reddit.com/r/CryptoCurrency/comments/131bloq/first_republic_bank_run_scare_pumping_bitcoin/jhzl3yi/', 'We really don’t want all the banks to collapse …it will chaos', '131bloq'], ['u/jhung713', 10, '2023-04-28 01:55', 'https://www.reddit.com/r/CryptoCurrency/comments/131bloq/first_republic_bank_run_scare_pumping_bitcoin/jhzl5z3/', 'TLDR: buy more bitcoin.', '131bloq']]], ['u/Significant_Room4148', 'When you buy Bitcoin, who gets your payment?', 100, '2023-04-28 03:26', 'https://www.reddit.com/r/Bitcoin/comments/131dqe4/when_you_buy_bitcoin_who_gets_your_payment/', 'Where does my money go? Who receives it?', 'https://www.reddit.com/r/Bitcoin/comments/131dqe4/when_you_buy_bitcoin_who_gets_your_payment/', '131dqe4', [['u/Tipyapha', 105, '2023-04-28 03:37', 'https://www.reddit.com/r/Bitcoin/comments/131dqe4/when_you_buy_bitcoin_who_gets_your_payment/jhzz5w7/', 'Bitcoin CEO', '131dqe4'], ['u/sciencetaco', 22, '2023-04-28 03:59', 'https://www.reddit.com/r/Bitcoin/comments/131dqe4/when_you_buy_bitcoin_who_gets_your_payment/ji02c3q/', "When you buy milk or bread...who gets it?\n\nThe person selling it to you.\n\nIf you're buying on an exchange, then it's going to the other person/people who placed sell orders at that price point. Exchanges match buyers and sellers.", '131dqe4'], ['u/technotrader', 47, '2023-04-28 04:09', 'https://www.reddit.com/r/Bitcoin/comments/131dqe4/when_you_buy_bitcoin_who_gets_your_payment/ji03rdm/', 'Most of it goes to the person who sold you the Bitcoin. In case of exchanges, they - as the middle man - skim a little bit from the both of you.', '131dqe4'], ['u/jonesmatty', 336, '2023-04-28 05:03', 'https://www.reddit.com/r/Bitcoin/comments/131dqe4/when_you_buy_bitcoin_who_gets_your_payment/ji0ayg7/', "While this may seem like a stupid question to many people on the sub, it isn't wise to mock people that don't understand how exchanges work. If you want Bitcoin for all, you need to make allowances for people that do not understand how money works. This includes how exchanges and trading work in general. \n\nTo the OP, the person that gets the dollars or euros or whatever currency your trading for Bitcoin is the person that is selling it to you minus a small transaction fee paid to the intermediary such as the exchange.", '131dqe4'], ['u/Secret_Fox_5192', 16, '2023-04-28 05:14', 'https://www.reddit.com/r/Bitcoin/comments/131dqe4/when_you_buy_bitcoin_who_gets_your_payment/ji0c7zl/', 'That’s a scammer. His real name is Bitoshi Nutamoto.', '131dqe4'], ['u/Steal-Rain', 42, '2023-04-28 05:40', 'https://www.reddit.com/r/Bitcoin/comments/131dqe4/when_you_buy_bitcoin_who_gets_your_payment/ji0fat0/', "I think the concern is how did they get the Bitcoin for them to buy it, and how do we know it's real Bitcoin.\n\n This question was presented to me and I couldnt answer it. Because all they understood was you have to mine bitcoin to receive it as a reward. \n\nAnd that's all i could bridge for them. They have a pool where the bitcoin they mine is sold and traded for currency.", '131dqe4'], ['u/Significant_Room4148', 56, '2023-04-28 05:48', 'https://www.reddit.com/r/Bitcoin/comments/131dqe4/when_you_buy_bitcoin_who_gets_your_payment/ji0g6jj/', 'Ya that’s what I’m trying to ask. Forgive my ignorance I am not very formally educated due to religious reasons', '131dqe4'], ['u/JeremyBF', 27, '2023-04-28 06:16', 'https://www.reddit.com/r/Bitcoin/comments/131dqe4/when_you_buy_bitcoin_who_gets_your_payment/ji0j5xo/', "At the very start the only way to get BTC was to mine, this could be done using a standard home computer at the time. It wasn't until several years later that exchanges were set up to allow buying and selling.", '131dqe4'], ['u/WorldSpark', 42, '2023-04-28 09:12', 'https://www.reddit.com/r/Bitcoin/comments/131dqe4/when_you_buy_bitcoin_who_gets_your_payment/ji0xy05/', 'To start with - you pay exchange your $ and they give you bitcoin - from where did this exchange got that bitcoin, if that is the question then FYI - bitcoin is mined (produced) every 10 minutes (6.25 btc every 10 minutes) by a process called mining. The person who does mining deployed computer hardware and electricity to run the mining process, this is hardware intensive and costly. As soon as a bitcoin is mined (produced ) it is registered on a ledger called blockchain. To get return on its investment he sells the bitcoin to whoever wants to buy. This selling and buying is facilitated by crypto exchanges who charges little fee for the transaction. \n\nNow when you buy, you pay the money to exchange who will in-turn pay this money $ to bitcoin miner who has produced it in the first place. \n\nFurther more - the mining (producing ) bitcoin is done by running bitcoin code - the code is available for anyone to download and run. Those people running the code are competing among themselves to get the newly to be produced bitcoin as only 6.25 btc will be produced. The more hardware you deploy the more chances you have to get that newly mined bitcoins. \n\nThis 6.25 btc started at 50 btc in 2009, and it gets halved every 4 years . In 2024 this will be reduced to 3.125 bitcoin roughly every 10 minutes. Which will further half in 2028. \n\nWho decided all this - the person/group/organization/entity who wrote bitcoin code (computer program). He/she is unknow... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['While I had a Creative Commons Zero PFP for some time (an Mfer) pictured here:\nI sold and inscribed it on a satoshi (a millionth of a Bitcoin) and under 100,000 inscription number (#75499). Since ordinals theory uses sequential numbers, the lower the number, the more coveted, so I sold my Mfer on Ether and used the funds to inscribe the same image with a slight modification on Bitcoin using thegamma.iomarketplace at the time.\nI could have done this because Mfers are on aCC0 licenseand that means I have the right to use the image in any way that I want because the creator of the art waived all copyright protections on the art and put it in the public domain. In fact, allMfersare CC0 so I don’t even need to own the non-fungible tokens (NFT) to be able to use any image in the entire collection. So, in theory, I could right-click and save any image in the collection and use it however I’d like. I could put one of the rarest ones on a T-shirt and sell it if I wanted.\nThe creator of Mfers (Sartoshi) did this to propagate the art into the mind space of everyone and anyone who wanted to experiment with the brand. In this small world we live in, the corner of NFTs, having your brand multiply and grow is a genius move, in my opinion. The number of derivative collections using Mfer art exploded as a result.Creyziesis the “official” derivative, but there are at least 20 more.\xa0 This is especially so if the art is simple and iconic because it gives other creative people in the space a canvas on which to use that art to build.\nOn the other hand, CryptoPunks, Bored Apes, Nakamigos, and Wonderpals have a commercial IP license which means ONLY the owner of the NFT can use the art associated with the NFT they own. They can sell items commercially or use the image to represent their brand.\nAs a CMO, I get why this is important. However, it only works for the winners in the PFP space. For every 1000 PFPs with commercial licenses on the art, maybe only 5 are recognizable, coveted, and brandable as a viable commercial opportunity with mass appeal.\nThe ones that make this top 5, even top 10, have very exciting futures. For example, Wonderpals hired a company whose strength is creating internationally appealing household name brands and here’s a screenshot of an announcement in their Discord.\nHow can that not be exciting for the NFT holder?\nThe latest Nakamigos collection went out of its way to include the CC0 native Mfer community in their mint but made it a point in their marketing to assert that commercial rights for the holder are intact.\nI’ve also seenBored Apesuse their apes commercially as well. As a coffee brand, consulting business, and even afast food franchise.\nIf the Web3 community is creating the brands that the future generation will trust and interact with, and eventually purchase from, then these silly PFPs which we thought of as a waste of time, are potentially valuable and exciting to own.\nThe PFP communities of the winning brands all of a sudden become a decentrally minded hybrid company, if they leverage and shepherd their brand the right way.\nTo me that’s exciting, and I have a feeling that others are feeling the same.\nHave a great weekend and touch grass…\nIt’s Spring and it’s glorious!\n(The writer of this commentary owns several Wonderpals and Nakamigos NFTs)', 'While I had a Creative Commons Zero PFP for some time (an Mfer) pictured here: Screenshot of Mfer NFT I sold and inscribed it on a satoshi (a millionth of a Bitcoin) and under 100,000 inscription number (#75499). Since ordinals theory uses sequential numbers, the lower the number, the more coveted, so I sold my Mfer on Ether and used the funds to inscribe the same image with a slight modification on Bitcoin using the gamma.io marketplace at the time. I could have done this because Mfers are on a CC0 license and that means I have the right to use the image in any way that I want because the creator of the art waived all copyright protections on the art and put it in the public domain. In fact, all Mfers are CC0 so I don’t even need to own the non-fungible tokens (NFT) to be able to use any image in the entire collection. So, in theory, I could right-click and save any image in the collection and use it however I’d like. I could put one of the rarest ones on a T-shirt and sell it if I wanted. The creator of Mfers (Sartoshi) did this to propagate the art into the mind space of everyone and anyone who wanted to experiment with the brand. In this small world we live in, the corner of NFTs, having your brand multiply and grow is a genius move, in my opinion. The number of derivative collections using Mfer art exploded as a result. Creyzies is the “official” derivative, but there are at least 20 more.\xa0 This is especially so if the art is simple and iconic because it gives other creative people in the space a canvas on which to use that art to build. On the other hand, CryptoPunks, Bored Apes, Nakamigos, and Wonderpals have a commercial IP license which means ONLY the owner of the NFT can use the art associated with the NFT they own. They can sell items commercially or use the image to represent their brand. As a CMO, I get why this is important. However, it only works for the winners in the PFP space. For every 1000 PFPs with commercial licenses on the art, maybe only 5 are recognizable, coveted, and brandable as a viable commercial opportunity with mass appeal. Story continues The ones that make this top 5, even top 10, have very exciting futures. For example, Wonderpals hired a company whose strength is creating internationally appealing household name brands and here’s a screenshot of an announcement in their Discord. Screenshot of announcement in at Wonderpals Discord channel. How can that not be exciting for the NFT holder? The latest Nakamigos collection went out of its way to include the CC0 native Mfer community in their mint but made it a point in their marketing to assert that commercial rights for the holder are intact. Image: Nakamigos I’ve also seen Bored Apes use their apes commercially as well. As a coffee brand, consulting business, and even a fast food franchise . If the Web3 community is creating the brands that the future generation will trust and interact with, and eventually purchase from, then these silly PFPs which we thought of as a waste of time, are potentially valuable and exciting to own. The PFP communities of the winning brands all of a sudden become a decentrally minded hybrid company, if they leverage and shepherd their brand the right way. To me that’s exciting, and I have a feeling that others are feeling the same. Have a great weekend and touch grass… It’s Spring and it’s glorious! (The writer of this commentary owns several Wonderpals and Nakamigos NFTs)', '• US stocks rose on Friday, boosted by a streak of strong earnings reports.\n• 79% of S&P 500 companies that reported earnings have beated estimates, according to FactSet.\n• Investors digested fresh bank weakness amid reports that First Republic is headed for FDIC receivership.\nUS stocks gained on Friday with the Dow Jones Industrial Average wrapping up its best month since January as first quarter earnings surprise to the upside, helping investors sidestep fresh concerns about the banking sector.\nAll three major indexes ended the day in the green, with the Dow locking in a gain of 2.5% for the month of April.\nSo far, more than half of all companies in the S&P 500 have reported their financials for the first quarter, with 79% of companies that have reported earnings beating estimates, according to data fromFactSet.\nInvestors were hit with a new bout of banking sector worries Friday as reports said that First Republic Bank is likely headed for a takeover by the Federal Deposit Insurance Corporation.First Republic shares tanked as much as 52%during the session.\nHere\'s where US indexes stood at the 4:00 p.m. ET close on Friday:\n• S&P 500:4,169.58, up 0.83%\n• Dow Jones Industrial Average:34,098.95, up 0.81% (272.79 points)\n• Nasdaq Composite:12,226.58, up 0.69%\nData on Friday also showed the Personal Consumption Expenditures index, the Fed\'s preferred measure of inflation, rose just 0.1% over the past month. Meanwhile, the Employment Cost Index rose 1.2% over the past quarter, a sign that inflation\'s presence is still being felt in the economy.\n"The case for another Fed rate hike next week has been solidified by today\'s Employment Cost Index and Personal Consumption Expenditure reports showing ongoing cost pressures," Lazard\'s chief market strategist Ron Temple said in a note. "Taken alongside the solid domestic demand in yesterday\'s GDP report, it\'s clear that the US economy remains resilient in the face of tightening to date, implying that the Fed\'s job is not yet complete."\nInvestors are now pricing in an 88% chance that the Fed will hike interest rates another 25 basis-points at next week\'s meeting of the Federal Open Market Committee, according to theCME FedWatch tool.\nHere\'s what else is happening:\n• This highly-watched recession indicatorsays that an economic downturn will begin this quarter, Bank of America said.\n• "Dr. Doom" economist Nouriel Roubiniwarned that a hard landing recession or entrenched inflation are the only possible outcomes for the US economy.\n• "Shark Tank" investor Kevin O\'Leary blew off concerns of de-dollarization, adding that he wouldn\'t accept the Chinese yuan in business transactions.\n• Tight housing inventory is preventing home prices from fallingfurther, Redfin said.\n• Russia\'s economy has little to offer China, and their growing trade ties are more modest than it appears, according to one analyst.\n• There are four issues that will determine the path of the global economy, top economist Mohamed El-Erian said.\nIn commodities, bonds and crypto:\n• West Texas Intermediate crudeoil rose 2.59% to $76.69 per barrel.Brent crude, oil\'s international benchmark, climbed 1.4% to $79.51 a barrel.\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: 2023-04-29 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $569,155,886,250 - Hash Rate: 331746436.2905336 - Transaction Count: 486031.0 - Unique Addresses: 628996.0 Social & AI Sentiment: - Fear & Greed Index: 0.64 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Shares of troubled lender Silvergate (SI) fell 57% on Thursday after thecompany said late Wednesdayit will miss a March 16 deadline to file its already-delayed annual report. The bank said its team "requires additional time to perform analysis, record journal entries related to subsequent events and to complete management’s evaluation of internal controls over financial reporting." "The Company is currently analyzing certain regulatory and other inquiries and investigations that are pending with respect to the Company," the company added. Silvergate shares have collapsed over the last year as the company's entanglements with several crypto firms — including bankrupt exchange FTX, among others —resulted in deposits fallingby more than two-thirds in the fourth quarter of last year. In January, the company laid off 40% of its staff. The company later suspended adividend paid on preferred sharesas it sought to shore up cash. Over the last year, shares of the bank have lost more than 95%. A spokesperson for Silvergate told Yahoo Finance: "Silvergate is working diligently to file its 10-K as soon as possible and has no further comment at this time." In Wednesday's notice, the bank said it sold additional debt securities beyond what was previously anticipated in January and February and it expects to record further losses than what was previously disclosed. In January, the companydisclosedit took $887 million worth of non-interest losses in the fourth quarter. The sales are primarily to repay "outstanding advances" it received from the Federal Home Loan Bank of San Francisco, Silvergate said. The bank also needs additional time to complete an "evaluation of the effectiveness of its internal controls over financial reporting" being conducted by its third party accounting firm. Citing business and regulatory challenges, the company is weighing how much the changes might affect its "ability to continue as a going concern for the twelve months following the issuance of these financial statements," according to the filing. In late January, abi-partisan group of U.S. Senatorspressed the company to provide answers over whether it was aware its clients FTX misused customer funds. A Reutersreportin February said a Silvergate account controlled by Binance.US moved millions of dollars to a company controlled by Binance CEO Changpeng Zhao. Last week in a jointstatementwith the Federal Deposit and Insurance Corporation (FDIC) and Office of the Comptroller of the Currency (OCC), the Federal Reserve made a point to highlight the heightened liquidity risks for banks taking on crypto-related clients. As for its own risks, Silvergate cited “heightened regulatory scrutiny of banking institutions that provide products and services to the digital asset industry," private litigation, and investigations from congressional inquiries, banking regulators and the Justice Department. Analysts at JPMorgan downgraded the stock to Underweight from Neutral and withdrew their its price target in a note out Thursday, calling the situation "highly unusual" and adding: "The 'run' experienced at Silvergate appears to have been driven by a combination of (1) trust in the overall system being shaken given the collapse of previously trusted players (such as FTX) and (2) short-sellers voicing concerns (primarily on Twitter)." 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: ['Bitcoiners are eying up crypto held by the feds. On Wednesday, the price of Bitcoin took a sharp nosedive— plunging 7% in an hour. It took most of the crypto market with it, too. The dip came shortly before erroneous reports claimed blockchain analytics firm Arkham had said wallets linked to defunct crypto exchange Mt. Gox and the U.S. government had moved large amounts of Bitcoin. It turned out to be a false alarm as a result of the DB Newswire account on Twitter mislabelling wallets on Arkham\'s platform, the company later said in a statement. But it led some to believe that the dip in prices came because the government started dumping large amounts of Bitcoin into the market. Today we fixed a bug related to Bitcoin alerts that caused us to no longer under-send alerts to a small subset of user’s private labels. This was one of them. This fix won’t affect any additional users, and was unrelated to labels generated by Arkham — we understand the impact… https://t.co/VqbX04J2bM — Arkham (@ArkhamIntel) April 26, 2023 But the fact remains that the government-owned Bitcoin and Mt. Gox coins are intriguing to investors: On Thursday, another blockchain analytics firm, Glassnode, said that the American government and the Mt. Gox trustee hold 205,514 and 137,890 Bitcoins respectively (over $10 billion in crypto)—and advised investors to keep an eye on the funds. This is because when such large amounts of Bitcoin get transferred, it\'s market moving, according to experts. But first, why does the U.S. government hold Bitcoin? And what’s Mt. Gox? The Department of Justice last year seized more than $3 billion worth of Bitcoin affiliated with the dark net marketplace Silk Road. They then sold a huge chunk of it—and said they plan to sell more. Mt. Gox, on the other hand, was a popular Bitcoin exchange that was forced to shut down eight years ago after a crippling hack. Once one of the biggest exchanges in the world, it closed in 2014 after losing 850,000 Bitcoins (today worth $24.9 billion) in the massive exploit . Story continues According to our data, the US government and the Mt. Gox trustee hold 205,514 and 137,890 #BTC , respectively. Monitor their balances and set alerts for coin movements in Studio. US government chart: https://t.co/cfQFqSfN0m Mt. Gox trustee chart: https://t.co/3YxvDTGGyq pic.twitter.com/MhCiSiLfqx — glassnode (@glassnode) April 27, 2023 Investors who lost their funds are still waiting to get it back from a trustee. Christoph Ono, a contributor at open source Bitcoin resource Bitcoin Design, told Decrypt that the intrigue is all centered around risk. He said: “Will the US government hold on to those Bitcoin forever? Or sell them off? If so, will they do it in a manner that reduces impact on the market or just dump in one go? Or auction them off? Who knows.” The fascination with watching the wallets where Mt. Gox funds are being held is similar, he added. “I believe Mt. Gox is somewhat similar in that there are various unknowns," Ono said. "At some point the coins will be released into the wild but no one really knows when and how.” While Glassnode lead analyst James Check said that big investors may be interested in government coins. “Periodically, the U.S. government auctions off these coins, which institutions in particular often find quite attractive, since they are in theory blessed and cleared by the U.S. government,” he said. In the past, some institutions have fretted over the provenance of crypto assets when buying them and worried they could be unknowingly buying from bad actors. Whatever happens, investors are always keeping an eye on big HODLers—known as whales—especially unorthodox ones like the U.S. government. Satoshi-Era Bitcoin Whale Moves $11 Million After Sleeping for 12 Years “Roughly 10 billion dollars of bitcoin is an immense amount for the market to absorb,” Evan Kaloudis, the developer behind Zeus, a non-custodial Lightning wallet, told Decrypt . “I for one, though, am excited for the government to offload them to the market to circulate to new holders.” Editor\'s note: This article was updated after publication to clarify that the "Mt. Gox alert" was the result of user error and not a "bug fix" by Arkham as initially reported.', 'Bitcoiners are eying up crypto held by the feds.\nOn Wednesday, the price of Bitcoin took a sharp nosedive—plunging7% in an hour. It took most of the crypto market with it, too.\nThe dip came shortly before erroneous reports claimed blockchain analytics firm Arkham had said wallets linked to defunct crypto exchange Mt. Gox and the U.S. government had moved large amounts of Bitcoin.\nIt turned out to be a false alarm as a result of theDB Newswireaccount on Twitter mislabelling wallets on Arkham\'s platform, the company later said in a statement. But it led some to believe that the dip in prices came because the government started dumping large amounts of Bitcoin into the market.\nBut the fact remains that the government-owned Bitcoin and Mt. Gox coins are intriguing to investors: On Thursday, another blockchain analytics firm, Glassnode, said that the American government and the Mt. Gox trustee hold 205,514 and 137,890 Bitcoins respectively (over $10 billion in crypto)—and advised investors to keep an eye on the funds.\nThis is because when such large amounts of Bitcoin get transferred, it\'s market moving, according to experts.\nBut first, why does the U.S. government hold Bitcoin? And what’s Mt. Gox?\nThe Department of Justice last year seized more than $3 billion worth of Bitcoin affiliated with the dark net marketplace Silk Road. They thensolda huge chunk of it—and said they plan to sell more.\nMt. Gox, on the other hand, was a popular Bitcoin exchange that was forced to shut down eight years ago after a crippling hack. Once one of the biggest exchanges in the world, it closed in 2014 after losing 850,000 Bitcoins (today worth $24.9 billion) in themassive exploit.\nInvestors who lost their funds are still waiting to get it back from a trustee.\nChristoph Ono, a contributor at open source Bitcoin resource Bitcoin Design, toldDecryptthat the intrigue is all centered around risk.\nHe said: “Will the US government hold on to those Bitcoin forever? Or sell them off? If so, will they do it in a manner that reduces impact on the market or just dump in one go? Or auction them off? Who knows.”\nThe fascination with watching the wallets where Mt. Gox funds are being held is similar, he added. “I believe Mt. Gox is somewhat similar in that there are various unknowns," Ono said. "At some point the coins will be released into the wild but no one really knows when and how.”\nWhile Glassnode lead analyst James Check said that big investors may be interested in government coins.\n“Periodically, the U.S. government auctions off these coins, which institutions in particular often find quite attractive, since they are in theory blessed and cleared by the U.S. government,” he said. In the past, some institutions have fretted over the provenance of crypto assets when buying them and worried they could be unknowingly buying from bad actors.\nWhatever happens, investors are always keeping an eye on big HODLers—known as whales—especially unorthodox ones like the U.S. government.\nSatoshi-Era Bitcoin Whale Moves $11 Million After Sleeping for 12 Years\n“Roughly 10 billion dollars of bitcoin is an immense amount for the market to absorb,” Evan Kaloudis, the developer behind Zeus, a non-custodial Lightning wallet, toldDecrypt. “I for one, though, am excited for the government to offload them to the market to circulate to new holders.”\nEditor\'s note: This article was updated after publication to clarify that the "Mt. Gox alert" was the result of user error and not a "bug fix" by Arkham as initially reported.', 'Bitcoiners are eying up crypto held by the feds.\nOn Wednesday, the price of Bitcoin took a sharp nosedive—plunging7% in an hour. It took most of the crypto market with it, too.\nThe dip came shortly before erroneous reports claimed blockchain analytics firm Arkham had said wallets linked to defunct crypto exchange Mt. Gox and the U.S. government had moved large amounts of Bitcoin.\nIt turned out to be a false alarm as a result of theDB Newswireaccount on Twitter mislabelling wallets on Arkham\'s platform, the company later said in a statement. But it led some to believe that the dip in prices came because the government started dumping large amounts of Bitcoin into the market.\nBut the fact remains that the government-owned Bitcoin and Mt. Gox coins are intriguing to investors: On Thursday, another blockchain analytics firm, Glassnode, said that the American government and the Mt. Gox trustee hold 205,514 and 137,890 Bitcoins respectively (over $10 billion in crypto)—and advised investors to keep an eye on the funds.\nThis is because when such large amounts of Bitcoin get transferred, it\'s market moving, according to experts.\nBut first, why does the U.S. government hold Bitcoin? And what’s Mt. Gox?\nThe Department of Justice last year seized more than $3 billion worth of Bitcoin affiliated with the dark net marketplace Silk Road. They thensolda huge chunk of it—and said they plan to sell more.\nMt. Gox, on the other hand, was a popular Bitcoin exchange that was forced to shut down eight years ago after a crippling hack. Once one of the biggest exchanges in the world, it closed in 2014 after losing 850,000 Bitcoins (today worth $24.9 billion) in themassive exploit.\nInvestors who lost their funds are still waiting to get it back from a trustee.\nChristoph Ono, a contributor at open source Bitcoin resource Bitcoin Design, toldDecryptthat the intrigue is all centered around risk.\nHe said: “Will the US government hold on to those Bitcoin forever? Or sell them off? If so, will they do it in a manner that reduces impact on the market or just dump in one go? Or auction them off? Who knows.”\nThe fascination with watching the wallets where Mt. Gox funds are being 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: 2023-04-30 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $564,183,473,738 - Hash Rate: 358383011.4671458 - Transaction Count: 568516.0 - Unique Addresses: 612597.0 Social & AI Sentiment: - Fear & Greed Index: 0.60 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Elon Musk has inadvertently revealed what appears to be a secret “burner” Twitter account that the billionaire has used to make under-the-radar comments about Tesla, Joe Biden, and the collapsed cryptocurrency exchange FTX. Mr Musk accidentally revealed the account, @Ermnmusk, when tweeting a screenshot of his Twitter settings menu to advertisethe platform’s subscription service. The second handle has the screen name Elon Test and its profile picture appears to be of his son X, whose mother is the musician Grimes. Research suggests the picture did not exist elsewhere on the internet until the existence of the account emerged. The account sent its first tweet in November and its last earlier this week, saying “I will finally turn 3 on May 4th!” in reference to the birthday of Mr Musk's son. In one exchange, the account tweeted: “Do you like Japanese girls?” at Michael Saylor, a prominent Bitcoin promoter. In others, he appears to imitate his two-year-old son. In response to another tweet about Caroline Ellison, a former executive at FTX who had a romantic relationship with the exchange’s founderSam Bankman-Fried, he tweeted “I [love] librarians” using a purple heart emoji. Mr Musk has not confirmed that the account is his, although it followers several users that he regularly interacts with. The account frequently replied to tweets about FTX, in one case responding to an explicit joke tweeted from Mr Musk’s main account. It also regularly complained that it had no followers, in contrast to Mr Musk whose 137m followers make him the most followed person on the service. The account has swelled to 42,700 followers since internet users identified it. The “Elon Test” account also commented on the large motorcade Joe Biden brought to last year’s Cop27 climate conference, saying: “Why does he need so many cars? Does he have a big family?” He responded to another tweet about Tesla’s full self-driving vehicle software with the single word “Wow!” The second account came to light after Mr Musk tweeted a screenshot of his Twitter settings, which allow users with multiple accounts to quickly switch between them by tapping the accounts’ profile pictures. Mr Musk may have a third account, according to reports. He acquired the Twitter handle @e, according to Zoe Schiffer, a reporter at the newsletter Platformer. The account, which has the screen name “John Utah” appears to have been suspended before Mr Musk acquired Twitter in October last year, possibly due to multiple hacking attempts associated with high-value one-letter usernames. The account follows three users – Mr Musk, Nasa, and a Los Angeles news website – but has no tweets on its account.... - 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: ['Morsa Images/Getty ImagesExchange-traded funds (ETFs) allow investors to buy a collection of stocks or other assets in just one fund with (usually) low expenses, and they trade on an exchange like stocks. ETFs have become tremendously popular in the last decade and now hold trillions of dollars in assets. With literally thousands of ETFs to choose from, where does an investor start? Below are some of the top ETFs by category, including some highly specialized funds.\nAnexchange-traded fundmay hold positions in many different assets, including stocks, bonds and sometimes commodities.\xa0ETFs most often track a specific index such as the Standard & Poor’s 500 or the Nasdaq 100, meaning they hold positions in the index companies at their same relative weights in the index.\xa0So by buying one share in the ETF, an investor effectively purchases a (tiny) share in all the assets held in the fund.\nETFs are often themed around a specific collection of stocks. An S&P 500 index fund is one of themost popular themes, but themes also includevalue or growth stocks, dividend-paying stocks, country-based investments, disruptive technologies, specific industries like information technology or healthcare, various bond maturities (short, medium and long) and many others.\nFor running an ETF, the fund company charges a fee called anexpense ratio. The expense ratio is the annual percentage of your total investment in the fund. For example, an ETF might charge a fee of 0.12 percent. That means on an annual basis an investor would pay $12 for every $10,000 invested in the fund. Low-cost ETFs are very popular with investors.\n• Equity ETFs\n• Bond ETFs\n• Balanced ETFs\n• Commodity ETFs\n• Currency ETFs\n• Real estate ETFs\n• Volatility ETFs\n• Leveraged ETFs\n• Inverse ETFs\nEquity ETFs provide exposure to a portfolio of publicly traded stocks, and may be divided into several categories by where the stock is listed, the size of the company, whether it pays a dividend or what sector it’s in. So investors can find the kind of stock funds they want exposure to and buy only stocks that meet certain criteria.\nStock ETFstend to be more volatile than other kinds of investments such as CDs or bonds, but they’re suitable for long-term investors looking to build wealth. Some of the most popular equity ETF sectors and their historical performance (as of April 28, 2023) include:\nThis kind of ETF gives investors broad exposure to publicly traded companies listed on American exchanges using a passive investment approach that tracks a major index such as the S&P 500 or Nasdaq 100.\nVanguard S&P 500 ETF (VOO)\n• 2023 YTD performance:8.3 percent\n• Historical performance (annual over 5 years):11.0 percent\n• Expense ratio:0.03 percent\nAlternatives:Some of the most widely held ETFs in this group also include SPDR S&P 500 ETF Trust (SPY), iShares Core S&P 500 ETF (IVV) and Invesco QQQ Trust (QQQ).\nThis kind of ETF can provide targeted exposure to international publicly traded companies broadly or by more specific geographic areas, such as Asia, Europe or emerging markets. Investing in foreign companies introduces concerns such as currency risk and governance risks, since foreign countries may not offer the same protections for investors as the U.S. does.\nVanguard FTSE Developed Markets ETF (VEA)\n• 2023 YTD performance:10.8 percent\n• Historical performance (annual over 5 years):3.6 percent\n• Expense ratio:0.05 percent\nAlternatives:Some of the most widely held ETFs also include iShares Core MSCI EAFE ETF (IEFA), Vanguard FTSE Emerging Markets ETF (VWO) and Vanguard Total International Stock ETF (VXUS).\nThis kind of ETF gives investors a way to buy stock in specific industries, such as consumer staples, energy, financials, healthcare, technology and more. These ETFs are typically passive, meaning they track a specific preset index of stocks and simply mechanically follow the index.\nVanguard Information Technology ETF (VGT)\n• 2023 YTD performance:19.3 percent\n• Historical performance (annual over 5 years):18.4 percent\n• Expense ratio:0.10 percent\nAlternatives:Some of the most widely held ETFs also include Financial Select Sector SPDR Fund (XLF), Energy Select Sector SPDR Fund (XLE) and Industrial Select Sector SPDR Fund (XLI).\nThis kind of ETF gives investors a way to buy only stocks that pay a dividend. Adividend ETF is usually passively managed, meaning it mechanically tracks an index of dividend-paying firms. This kind of ETF is usually more stable than a total market ETF, and it may be attractive to those looking for investments that produce income, such as retirees.\nThebest dividend ETFstend to offer higher returns and low cost.\nVanguard Dividend Appreciation ETF (VIG)\n• 2023 YTD performance:3.4 percent\n• Historical performance (annual over 5 years):11.2 percent\n• Expense ratio:0.06 percent\nAlternatives:Some of the most widely held ETFs here also include) Vanguard High Dividend Yield Index ETF (VYM) and Schwab U.S. Dividend Equity ETF (SCHD).\nAbond ETFprovides exposure to a portfolio of bonds, which are often divided into sub-sectors depending on bond type, their issuer, maturity and other factors, allowing investors to buy exactly the kind of bonds they want. Bonds pay out interest on a schedule, and the ETF passes this income on to holders.\nBond ETFs can be an attractive holding for those needing the safety of regular income, such as retirees. Some of the most popular bond ETF sectors and their returns include:\nThis kind of bond ETF gives exposure to bonds with a long maturity, perhaps as long as 30 years out. Long-term bond ETFs are most exposed to changes in interest rates, so if rates move higher or lower, these ETFs will move inversely to the direction of rates. While these ETFs may pay a higher yield than shorter-term bond ETFs, many don’t see the reward as worthy of the risk.\niShares MBS ETF (MBB)\n• 2023 YTD performance:2.6 percent\n• Historical performance (annual over 5 years):0.3 percent\n• Expense ratio:0.04 percent\nAlternatives:Some of the most widely held ETFs also include iShares 20+ Year Treasury Bond ETF (TLT) and Vanguard Mortgage-Backed Securities ETF (VMBS).\nThis kind of bond ETF gives exposure to bonds with a short maturity, typically no more than a few years. These bond ETFs won’t move much in response to changes to interest rates, meaning they’re relatively low risk. These ETFs can be a more attractive option than owning the bonds directly because the fund is highly liquid and more diversified than any individual bond.\nVanguard Short-Term Bond ETF (BSV)\n• 2023 YTD performance:2.1 percent\n• Historical performance (annual over 5 years):1.4 percent\n• Expense ratio:0.04 percent\nAlternatives:Some of the most widely held ETFs in this category also include iShares 1-3 Year Treasury Bond ETF (SHY) and Vanguard Short-Term Treasury ETF (VGSH).\nThis kind of bond ETF gives investors exposure to a wide selection of bonds, diversified by type, issuer, maturity and region. A total bond market ETF provides a way to gain broad bond exposure without going too heavy in one direction, making it a way to diversify a stock-heavy portfolio.\nVanguard Total Bond Market ETF (BND)\n• 2023 YTD performance:3.3 percent\n• Historical performance (annual over 5 years):1.1 percent\n• Expense ratio:0.03 percent\nAlternatives:Some of the most widely held ETFs also include iShares Core U.S. Aggregate Bond ETF (AGG) and Vanguard Total International Bond ETF (BNDX).\nThis kind of bond ETF gives exposure to bonds issued by states and cities, and interest on these bonds is typically tax-free, though it’s lower than that paid by other issuers. Muni bonds have traditionally been one of the safest areas of the bond market, though if you own out-of-state munis in a fund, you will lose the tax benefits in your home state, though not at the federal level. Given the tax advantages, it is advantageous to consider a municipal bond ETF that invests in your state of residence.\niShares National Muni Bond ETF (MUB)\n• 2023 YTD performance:1.9 percent\n• Historical performance (annual over 5 years):2.0 percent\n• Expense ratio:0.07 percent\nAlternatives:Some of the most widely held ETFs also include Vanguard Tax-Exempt Bond ETF (VTEB) and iShares Short-Term National Muni Bond ETF (SUB).\nA balanced ETF owns both stock and bonds, and it targets a certain exposure to stock, which is often reflected in its name. These funds allow investors to have the long-term returns of stocks while reducing some of the risk with bonds, which tend to be more stable. A balanced ETF may be more suitable for long-term investors who may be a bit more conservative but need growth in their portfolio.\n• 2023 YTD performance:7.1 percent\n• Historical performance (annual over 5 years):5.7 percent\n• Expense ratio:0.15 percent\nAlternatives:Some of the most widely held balanced ETFs also include iShares Core Growth Allocation ETF (AOR) and iShares Core Moderate Allocation ETF (AOM).\nA commodity ETF gives investors a way to own specific commodities, including agricultural goods, oil, precious metals and others without having to transact in the futures markets. The ETF may own the commodity directly or via futures contracts. Commodities tend to be quite volatile, so they may not be well-suited for all investors. However, these ETFs may allow more advanced investors to diversify their holdings, hedge out exposure to a given commodity in their other investments or make a directional bet on the price of a given commodity. Thebest-performing gold ETFstend to offer highly effective portfolio diversification with added defensive stores of value.\n• 2023 YTD performance:8.9 percent\n• Historical performance (annual over 5 years):8.0 percent\n• Expense ratio:0.40 percent\nAlternatives:Some of the most widely held commodities ETFs also include iShares Silver Trust (SLV), United States Oil Fund LP (USO) and Invesco DB Agriculture Fund (DBA).\nA currency ETF gives investors exp Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-01 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $549,920,069,012 - Hash Rate: 440714243.8312197 - Transaction Count: 682281.0 - Unique Addresses: 697731.0 Social & AI Sentiment: - Fear & Greed Index: 0.63 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Join the most important conversation in crypto and web3! Secure your seat today UPDATE (17:41 UTC, April 25): Adds denial from Poolin and WuBlockchain's details on the potential mislabeling of the wallet by CryptoQuant. Poolin, a firm that runs a crypto mining pool and a wallet service, may have moved 5,640 bitcoin ($150 million) from its main wallet on April 21, according to CryptoQuant data , around the time the world's largest digital asset dropped to $28,000. This marks the biggest outflow from miners since December 2020. However, Kevin Pan, CEO and founder of Poolin disputed the data to CoinDesk, adding that the wallet address doesn’t match up to the company’s profile and activity. Meanwhile, news outlet WuBlockchain tweeted that it might be a case of mislabeling of the address. CryptoQuant couldn't be reached for comment. The firm has issued at least $238 million in I-owe-you (IOU) tokens, according to analyst estimates , to its users after it froze withdrawals from its wallet service in September, citing liquidity issues . Data from CryptoQuant shows that Poolin still has 9,935 BTC in its accounts. It is unclear whether the $150 million was liquidated or simply moved to another account. Poolin hasn't posted any updates on redeeming the IOU tokens on its wallet arm's Medium site. Several users on its Telegram community support forum were still complaining about not being paid back as of the time of writing. Read more: Singapore Arbitrator Rules Against Mining Software Firm Poolin’s IOU Model, But the Firm Hasn't Paid Yet... - Reddit Posts (Sample): [['u/Bhosdi_Waala', 'Considering moving funds from Vanguard FTSE All World Distributing to Accumulating', 19, '2023-05-01 01:01', 'https://www.reddit.com/r/eupersonalfinance/comments/1345qou/considering_moving_funds_from_vanguard_ftse_all/', "Hey everyone, \n\nI've lately been reading some posts about how [the first 100K is the hardest to reach](https://fourpillarfreedom.com/charlie-munger-the-first-100000-is-a-btch/)\n\nI started off investing in the Distributing fund in order to leverage Germany's tax free dividends (up to 1000 euros per year)\n\nBut after reading these articles, I thought to myself that I'd rather reach that 100K threshold sooner than get a 1000 euro reward every year.\n\nSo I am considering liquidating my Distributing positions and moving them into the Accumulation fund. \n\nWould this be a wise choice considering the taxes I'll have to pay on the sell and perhaps the price fluctuation when selling and buying?", 'https://www.reddit.com/r/eupersonalfinance/comments/1345qou/considering_moving_funds_from_vanguard_ftse_all/', '1345qou', [['u/Fadjaros', 43, '2023-05-01 01:49', 'https://www.reddit.com/r/eupersonalfinance/comments/1345qou/considering_moving_funds_from_vanguard_ftse_all/jidbgda/', "Just keep what you have in the distributing one and start buying the accumulating. There is no point in selling. You won't get there a lot faster and you will have to pay taxes on the sale. It doesn't make sense", '1345qou'], ['u/XxXMorsXxX', 10, '2023-05-01 11:24', 'https://www.reddit.com/r/eupersonalfinance/comments/1345qou/considering_moving_funds_from_vanguard_ftse_all/jietm71/', 'You currently have optimized investing according to the tax characteristics of you country of residence. Looking to mess with it because of some phycological/motivation articles regarding investing seems like bad practice to me.', '1345qou']]], ['u/middlemangv', 'Am I wrong if I have zero empathy for people who invest in PEPE and lose money?', 407, '2023-05-01 01:31', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/', "I honestly have zero empathy for people who invest in PEPE and lose money. I don't feel sorry for them at all. It is a shitcoin. I would say that anyone who invested in PEPE before it blew up is greedy. There are people who invested some spare change in it and did good.\n\nCoins like this one, in my opinion, have bad impact on crypto.\n\nNew people join, get scammed, think crypto is a scam, stop investing in crypto.\n\n\n\nTheir roadmap:\n\n\n\nhttps://preview.redd.it/elt3f9snx3xa1.png?width=1032&format=png&auto=webp&v=enabled&s=a751a7f68f046d704eff47b8ca77eb575e7a2768\n\nI mean, come on...phase 2 Vibe and HODL?\n\nPhase 3 - Pepe merch and Pepe academy?\n\nIt is a memecoin.\n\nThey are even being iroinc about flipping BTC in phase 3.\n\nTheir tocenomics is awfull.\n\nIt is pump and dump scheme, probably with devs investing with their friends already for free.\n\n\n\nI shouldn't care where people invest, and I don't, I just don't feel sorry when they lose it. Am I wrong for it?", 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/', '1346f56', [['u/TheGoonKills', 10, '2023-05-01 01:39', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jida4dv/', "Nah. A fool and his money are soon parted. If it wasn't PEPE, they would have spent it on a Trump NFT or something equally stupid.", '1346f56'], ['u/TruthSeeekeer', 248, '2023-05-01 01:40', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidaazk/', 'Why would I have empathy for someone investing and losing money?\n\nHappens to me all the time.', '1346f56'], ['u/Elie0_0', 28, '2023-05-01 01:41', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidafc8/', "Pepe isn't even listed on any major exchanges right now, can't imagine how much it will go up if a major exchange lists it", '1346f56'], ['u/Certain_Cranberry_77', 11, '2023-05-01 01:41', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidah72/', 'Flip btc on phase 3 got me in.', '1346f56'], ['u/TOXICCARBY', 13, '2023-05-01 01:49', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidbfo6/', 'They know the risks of investing in such a coin', '1346f56'], ['u/jwz9904', 79, '2023-05-01 02:16', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidex5i/', 'No one really cares', '1346f56'], ['u/philosouf', 64, '2023-05-01 02:22', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidfm3d/', "Now I'm sure it will go up even higher if cc is bashing it", '1346f56'], ['u/void_evilness', 127, '2023-05-01 02:23', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidfpsc/', 'Is it a stupid way of spending money? Yes.\n\nIs it like gambling at a casino? Yes.\n\nShould you laugh at people who spend money at the casino and lose? No.\n\nShould you feel ‘superior’ for not gambling and being responsible? No.\n\nThere. Dont be ego', '1346f56'], ['u/MaeronTargaryen', 19, '2023-05-01 02:23', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidfsex/', 'It’s unfair, some people lose less money on meme coins than what I lose on blue chips', '1346f56'], ['u/Layer2Mechs', 13, '2023-05-01 02:25', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidg1s2/', 'its crazy the cope im seeing from people missing out on pepe.\n\nlet me tell you why this is the next play in 3 steps\n\n1.) crypto was made post 2008 financial crash as a separate store of value\n\n2.) banks currently collapsing, btc going up as a correlation \n\n3.) memecoins pump the hardest in a bull market, i believe the falling of banks is igniting a bull run. pepe will suceed because its one in a million memecoin. no shitty pump and dump “influencers” shilling it, the team isnt making promises and embracing what is it, a meme coin. not making any promises to “change the world” or “make a layer 2” like shib. every day you wait you lose on free money.\n\n\nfor reference. i bought sub 200k mc with .01 e', '1346f56'], ['u/GabeSter', 33, '2023-05-01 02:39', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidhpm4/', 'You must be an investor in ~checks notes~\n\nUhhh. Cardano, Algorand, Polkadot.', '1346f56'], ['u/Odysseus_Lannister', 16, '2023-05-01 02:41', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidhyyx/', 'adds LINK to footnotes', '1346f56'], ['u/mixomatoso', 20, '2023-05-01 02:41', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidi211/', "chuckles I'm in danger.", '1346f56'], ['u/DCdek', 16, '2023-05-01 02:44', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidickk/', 'LMAO Cope', '1346f56'], ['u/Sheeple9001', 13, '2023-05-01 02:52', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidjdxq/', 'VET', '1346f56'], ['u/ryencool', 60, '2023-05-01 03:13', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidlyww/', 'People said this same thing about shib, I was there...', '1346f56'], ['u/Ecstatic_Love4691', 51, '2023-05-01 03:15', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidm4n8/', 'That’s horrible. Where do I buy it?', '1346f56'], ['u/mathaiser', 26, '2023-05-01 03:37', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidovqj/', 'The only thing wrong is that it’s none of your business and your opinion of what others choose to do is worth less than the air you breathed when you said it.\n\nDo your own thing. Don’t worry about the inclinations of PEPE holders.', '1346f56'], ['u/Kukuzahara', 21, '2023-05-01 03:44', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidppk7/', 'Precisely. Just don’t be weird about things and be normal. Not that hard.', '1346f56'], ['u/supremebhandari', 25, '2023-05-01 03:53', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidqv6y/', '> Phase 3: Flip Bitcoin\n\n\n\nLol, good luck with that', '1346f56'], ['u/Blackskywaters', 15, '2023-05-01 04:00', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidrrem/', "All crypto is a gamble as far as I'm concerned and we should all be prepared to lose it all.", '1346f56'], ['u/Vegas_42', 18, '2023-05-01 05:43', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jie3lyr/', "In 2021 I decided against buying shib. In my own eyes, I was a sophisticated investor. Only the real stuff and great tech like BTC, ETH, ATOM, DOT, you name it. I was too arrogant to buy a meme coin. I hated DOGE and SHIB and it insulted me that something useless made people rich. Guess what? I was wrong. Scam here, rugpull there, but the truth is, I missed the bus.\n\nIt's about earning money in the first place. Don't get attached to your coins (easy to say, but I love Bitcoin anyway). This time, I ignored my hubris and bought some when the coin was a few days old. I tripled, took out my original money and now I let the house money ride. I do... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["TheSolanaNFT space got a shot in the arm with the late Aprillaunch of Mad Lads, a buzzyprofile picture(PFP) collection that led the market-wide charts. But something else happened amid the trading surge: upstart marketplace Tensor topped the dominant Magic Eden.\nTensor launched in 2022, but saw increasing activity afterintroducing trading rewardsin March. Last week, it clinched majority market share by trading volume on Solana. Data collected byTiexoshows a slight lead by Tensor over the last seven days, with Tensor commanding 45% of SolanaNFTmarket share and Magic Eden under 44%.\nMad Lads helped push Tensor over the top, as traders apparently flocked to take advantage of its specific promotion around the NFT project rather than Magic Eden’s offering. But can Tensor maintain that momentum after waking Solana’s sleeping giant?\nTensor began picking up considerable market share in March as itlaunched “loyalty” rewardsfor traders, echoing the move byEthereummarketplace Blur thathelped catapult it over OpenSeain February. The startup, which raised $3 million in March in a round led by VC firm Placeholder, similarly bills itself as a platform for “pro” traders with what it says is a faster, richer interface.\nThe Blur comparisons are intentional. Tensor looks and feels much like Blur, albeit for Solana, with a similar-sounding rewards initiative. The startup hasn’t specifically said that it will launch a token, but given that Blurgave out hundreds of millions of dollarsworth of tokens in February andsaid that it will continue doing so, it’s no surprise that traders are intrigued.\nMad Lads Gave Solana NFTs a ‘New Heartbeat’ After Losing DeGods: Coral CEO\nTensor’s market share steadily grew over the last couple of months, co-founder and CTO Richard Wu toldDecrypt, but the upstart only leapfrogged above Magic Eden last week after the Mad Lads frenzy took hold.\nMagic Eden also offered special promotions around Mad Lads NFTs. Magic Eden offered zero marketplace fees and also said it wouldgive out 2,000 SOL(currently about $43,700) to airdrop to Mad Lads traders over the first 30 days after launch. It later said that itredistributed over 5,000 SOL($109,400 as of today) worth of Mad Lads trading fees back to users.\nTensor, on the other hand, said that it would divert all of its marketplace fees on Mad Lads trades for the first 90 days tobuying up “floor”(or the lowest-price) NFTs from the project, and then give them away via a raffle to traders. Today,Tensor tweetedthat it has used 4,280 SOL ($93,650) worth of fees to buy up 58 Mad Lads NFTs to give them away to top traders.\nWhether it was the promotion or an interface targeted at heavy traders, or perhaps the pairing of both, Tensor ultimately came out ahead as Mad Lads ruled the Solana market.\n“If you show people that you're truly about giving back to the community, and trying to make your product the best for Mad Lads or for the next NFT project,” Wu said, “then people will come and trade on your platform, and people will align with a Tensor versus a Magic Eden.”\nThere’s an “us versus them” dynamic in Wu’s comments that’s already been resonating across the Solana NFT community on Twitter for days. Tensor’s sudden rise to the top of Solana has inflamed past divisions that emerged over Magic Eden’sapproach to the open-source Web3 ethos, as well as itsmoves around optional creator royaltieslast year.\nOn Friday, Magic Eden apparently discovered that Tensor was utilizing its content delivery network (CDN) to populate NFT images on the Tensor marketplace.\nMagic Eden replaced the artwork on Tensor with images showing the Magic Eden mascot and logo, and tweeted, “Hey [Tensor], wen image CDN? We replaced some images on your marketplace. Just a harmless prank hehe. Let's build.”\nMagic Eden deleted the tweet by Saturday following community backlash. Over the past several days, the vitriol has been flung back and forth on Crypto Twitter between the two camps and their supporters, and Tensor’s co-founders have themselves criticized Magic Eden and retweeted other critical tweets about the giant in the Solana space.\n“They were in the dominant seat for so long that they felt they didn't need to do anything,” Tensor CEO and co-founder Ilja Moisejevs alleged in an interview withDecrypt. He believes that Tensor’s product is better than those of previous challengers, but also suggested that Magic Eden lost support in the Solana spaceas it rapidly expandedto Ethereum,Polygon, andBitcoin.\nMagic Eden Bitcoin NFT Launchpad Debuts as Ordinals Total Nears 1 Million\n“I think the community is also a bit upset with the way they've behaved in the last six months, because Solana has clearly gone through really turbulent times,” Moisejevs said.\nHe suggested that some Solana projects “doubled down” on the space amid the falling price of SOL andfears over the future of the communitylate last year, and believes Magic Eden did “almost the opposite” in pushing NFTs on other chains.\n“They sort of took their foot off the gas whenSolana was at its lowest pointafter FTX [collapsed], and that just rubbed a lot of people the wrong way,” Wu added. “If you're so bullish about building up Solana, why would you leave and build elsewhere at a time when Solana needed people to step up?”\nMagic Eden responded to the social media pushback today, as marketing head Tiffany Huang toldThe Blockthat the startup is “excited to refocus back on Solana, which is our home,” and it “intends to show the Solana community that we have still got their backs.”\nHuang clarified toDecryptthat Magic Eden’s renewed focus on Solana will come via product features and partnerships, including “innovating” on itsDiamonds rewards featurethat launched in late March as Tensor was on the rise. It will also include “programs that support creators and collectors,” she added.\nShe also pushed back against criticism by Tensor’s co-founders about Magic Eden’s current closed-source marketplace model, which requires it to co-sign transactions. That throws a wrench into how marketplace aggregators incorporate Magic Eden listings, andraises other concerns about security and composability. But Huang suggested that it’s essential—for now.\n“The Tensor team knows and understands co-sign is not just an anti-aggregator tool—it's actually a critical part of some of [our] other core marketplace features,” she said, pointing to a tweetwhere Wu acknowledges as much. “The goal here is to become more open, but we just need to sequence these events so they don't disrupt our marketplace product.”\nAs theMad Lads launch hype cools, the remaining question is whether Tensor can stay on top in the Solana space. Just before publication,Magic Eden had a slight lead in rolling 24-hour trading volume per data fromTiexo—but Tensor led that chart as recently as late afternoon today.\n‘Honeypot Bitch’: How Mad Lads Tricked Bots Into Spending $250K on Fake NFTs\nDespite the shade, pranks, and gripes traded between the camps—not to mention the market maneuvers over the last week—both startups suggest a more cooperative tone going forward. They both want what’s best for Solana and its community, they tellDecrypt, and wish to grow the market for everyone involved, including each other.\n“We should all be seeking to build the pie with excellent user experiences and ingenuity to grow the space,” Huang toldDecrypt, rejecting the notion that Magic Eden should fend off upstarts. “I think we're two reasonable companies, at the end of the day, trying to grow Solana.”\n“We want to see Magic Eden do well,” Tensor’s Moisejevs said. “That's because we think that if Magic Eden does well, then Solana can do very well. At Tensor, we would rather have a smaller piece of a 10x larger pie than have a larger piece of… ultimately, a pie nobody cares about.”", '(Bloomberg) -- CMCC Global, a venture capital company focused on blockchain technology, said the US digital-asset crackdown is opening up opportunities for Hong Kong as the city strives to become a crypto hub. Most Read from Bloomberg Powell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC Standoff Texas Mass Shooting’s Bloody Images Add to Fervor in Gun Debate Goldman to Pay $215 Million to End Case on Underpaying Women Why Airfares, Hotels and Cars Are Getting So Expensive for Americans Mitch McConnell Warns He Has No ‘Secret Plan’ to Solve US Debt Impasse The US “is shooting themselves in the foot” and giving other regions a chance to woo innovative businesses, CMCC’s co-founder Charlie Morris said in a Bloomberg Television interview aired Tuesday. “We see places like Hong Kong having a real opportunity at this point in time to bring those firms and entrepreneurs to the city,” Morris added. Hong Kong plans to let retail investors trade major tokens like Bitcoin and Ether in a new licensing regime for virtual-asset service providers due June 1. In contrast, the US has turned up the regulatory heat on crypto in the wake of last year’s digital-asset rout and the collapse of the FTX exchange. Fund Launch CMCC is launching a $100 million fund to invest in startups focused on blockchain projects. The targets are companies in the Series A and B stages both in its home base of Hong Kong as well as further afield. “There is a lot of innovation coming from Asia,” co-founder Martin Baumann said. “There’s plenty of capital sitting on the sidelines waiting for the right entry valuations to pull the trigger.” Baumann and Morris hold a majority stake in CMCC, while Hong Kong tycoon Richard Li and Gemini Trust Co. founders Cameron and Tyler Winklevoss are investors in its holding entity. Venture capitalists globally have continued to pull back from crypto this year following 2022’s price crash, a string of bankruptcies and the scandal that enveloped FTX, whose co-founder Sam Bankman-Fried is awaiting trial. Story continues Private funding for crypto startups in the first quarter of this year plunged to its lowest level Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-02 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $542,371,495,350 - Hash Rate: 312374381.6166337 - Transaction Count: 457708.0 - Unique Addresses: 620729.0 Social & AI Sentiment: - Fear & Greed Index: 0.55 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Adds comment, weekly milestones; updates prices) * U.S. services sector data shows steady growth in February * Bitcoin, ether fall in Silvergate fallout * Dollar on track for worst week since mid-January vs yen * Dollar could resume uptrend next week with U.S. jobs data -analyst By Gertrude Chavez-Dreyfuss NEW YORK, March 3 (Reuters) - The U.S. dollar slid from a 2-1/2-month high versus the Japanese yen on Friday, on track for its largest weekly loss since mid-January against a basket of six major currencies, as traders stepped back to gauge the path for Federal Reserve policy. Analysts said the market has for the most part priced in the prospect of a higher terminal fed funds rate after the recent run of upbeat U.S. economic data. The yen, which is sensitive to U.S.-Japan long-term rate differentials, looked set to halt its six-week losing streak against the dollar, as it gained strength with 10-year U.S. yields retreating from a nearly four-month high close to 4.1%. Cryptocurrencies, on the other hand, took a beating as the crisis surrounding Silvergate Bank worsened, with industry heavyweights such as Coinbase Global and Galaxy Digital dropping the lender as their banking partner. The dollar index, which measures the greenback's value against six major currencies, fell 0.3% to 104.60, from as high as 105.36 at the start of the week, its strongest level since Jan. 6. So far this week, the index has slid 0.5%, on pace for its biggest percentage fall since the week of Jan. 15. The greenback briefly pared losses after data showed the U.S. services sector grew at a steady pace in February, with new orders and employment rising to more than one-year highs. The Institute for Supply Management's (ISM) non-manufacturing index dipped to 55.1 from 55.2 in January. "The dollar has essentially enjoyed four full weeks of gains that completely erased the losses in January," said Juan Perez, director of trading at Monex USA in Washington. "As markets look to end a tough Q1, there is optimism growing as the focus shifts from the pains associated with inflationary pressures and to the potential for a prosperous second half of the year despite central bank tightening via interest rates." Analysts polled by Reuters said recent dollar strength was likely to be temporary, and the currency will weaken over the course of the year as the global economy improves and on expectations the Fed will stop hiking interest rates well ahead of the European Central Bank. However, the dollar seems unlikely to reverse its latest uptrend, said Karl Schamotta, chief market strategist at Corpay in Toronto. "Next week's job opening and non-farm payrolls reports could generate a lift in yields and the dollar. Traders are likely to move cautiously, particularly in currencies exposed to more dovish local central bank messaging - namely the Aussie, Canadian dollar, and yen." The Bank of Japan (BOJ), meanwhile, is expected to start dismantling extraordinary stimulus measures after Governor Haruhiko Kuroda retires next month. Tokyo inflation data for February exceeded the BOJ's target for a ninth month, but the core measure did decelerate from a 42-year high. The dollar eased 0.4% to 136.26 yen, after climbing to 137.10 on Thursday, the highest since Dec. 20. For the week, the dollar was down 0.4% versus the yen, its worst weekly showing since mid-January. The euro rose 0.3% to $1.0628, after starting the week at a nearly two-month low of $1.0533. Sterling rose 0.7% against the dollar to $1.2032, on track for a 0.4% gain on the week, its best weekly performance since Jan. 20. The pound's gains came as Britain struck a post-Brexit Northern Ireland trade deal with the European Union, while a survey showed Britain's services sector grew at the fastest pace in eight months in February. Bitcoin slid 4.9% to $22,306, after touching a 2-1/2-week low at $22,000. Ether declined dropped 5.4% to $1,559 after touching $1,543.60, the lowest since mid-February. ======================================================== Currency bid prices at 3:00PM (2000 GMT) Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Dollar index 104.5100 104.9600 -0.41% 0.986% +105.0100 +104.5100 Euro/Dollar $1.0633 $1.0598 +0.33% -0.76% +$1.0636 +$1.0589 Dollar/Yen 135.8500 136.7800 -0.67% +3.62% +136.7650 +135.8100 Euro/Yen 144.45 144.92 -0.32% +2.96% +145.0400 +144.3000 Dollar/Swiss 0.9362 0.9424 -0.65% +1.25% +0.9420 +0.9360 Sterling/Dollar $1.2044 $1.1948 +0.82% -0.40% +$1.2046 +$1.1945 Dollar/Canadian 1.3592 1.3595 -0.03% +0.31% +1.3644 +1.3556 Aussie/Dollar $0.6770 $0.6730 +0.59% -0.69% +$0.6772 +$0.6725 Euro/Swiss 0.9953 0.9983 -0.30% +0.59% +0.9999 +0.9948 Euro/Sterling 0.8827 0.8869 -0.47% -0.19% +0.8873 +0.8827 NZ $0.6224 $0.6218 +0.14% -1.95% +$0.6241 +$0.6193 Dollar/Dollar Dollar/Norway 10.3860 10.4360 -0.39% +5.92% +10.4610 +10.3950 Euro/Norway 11.0477 11.0500 -0.02% +5.28% +11.0900 +11.0416 Dollar/Sweden 10.4623 10.5073 -0.06% +0.52% +10.5271 +10.4630 Euro/Sweden 11.1260 11.1322 -0.06% -0.21% +11.1533 +11.1225 (Reporting by Gertrude Chavez-Dreyfuss; Additional reporting by Samuel Indyk in London and Kevin Buckland in Tokyo; Editing by Christopher Cushing, Kim Coghill, Louise Heavens, Christina Fincher and Richard Chang)... - Reddit Posts (Sample): [['u/DisputableSSD', 'Proposal: Modification to the block header to decrease node storage requirements by 60-70%', 95, '2023-05-02 01:57', 'https://www.reddit.com/r/Monero/comments/1355ipf/proposal_modification_to_the_block_header_to/', 'This post was inspired by [a proposal](https://bitcoincashresearch.org/t/chip-2021-07-utxo-fastsync/502) for BitcoinCash.\n\nTLDR: Skip downloading irrelevant data from old transactions. No increase to centralization/trusted-ness, and the extra verification cost is negligible.\n\nKey sections will be bolded, if you just want a general idea.\n\nA new field would be added to the block header. It\'s more-or-less identical to the existing merkle root which commits to every transaction in the block, except each transaction has `rctsig_prunable` removed. This portion of the transaction holds all of the cryptographic proofs, namely the ring signatures and rangeproofs, which represent the majority of a transaction\'s footprint in terms of size. Everything else, including all data necessary to verify future transactions, sync a wallet, and whatever else, are elsewhere in the transaction. Removing this field is, as you may have guessed from the name, how pruning works. This extra 32-byte field would grow the blockchain by less than 9 megabytes per year, and would take less than a millisecond to verify for each block.\n\nCurrently, pruned nodes must download the entire blockchain despite the fact that they only intend to keep about one third of it. This change would allow them to only download the "core" of the transaction, thus skipping the unnecessary work. This would not only reduce the amount of data which each node has to download, but also reduce the overall strain on the network. Additionally, this would technically remove the need for keeping old data at all: the network could function fine with 100% fully-pruned nodes, though in practice it would be good to maintain some full copies, even if not strictly necessary.\n\nThe existing pruning implementation retains a full copy of 1/8 of all blocks, which is also compatible with this proposal. Without going into too much detail, a pruned node will randomly select a "seed" with which it will decide the blocks it wants to keep. On the blocks which it prunes, the pruned transaction set would be download. On blocks which it does not prune, the full transaction set would be downloaded.\n\nBut wait a minute, if nodes don\'t download the proofs from old transactions, doesn\'t that mean we risk accepting invalid transactions? Well yes, but nodes *already* do this. There is a checkpoint system in place, where every transaction before a certain block is automatically assumed to be valid, which drastically reduces the time needed to verify the blockchain. What this means, though, is that every node must download all those old proofs, only to do nothing with them, except for transmit them to other nodes, thus continuing the cycle. New blocks (usually within a few months), which aren\'t explicitly marked as valid within the software, are verified normally. This modification would work the same: new blocks would be fully downloaded as normal. There is no extra risk involved with this change, since checkpoints already do the same thing, just in a less efficient way.\n\nCheckpoints are not unique to Monero, either. Bitcoin has them (albeit, implemented differently), and Ethereum even has a "quick-sync" feature which is similar to this proposal. Most, if not all, other cryptocurrencies have some form of checkpoints, so Monero is not an exception.\n\nThis could be implemented in a future hard fork. It\'s possible to make it a soft fork, similar to SegWit in Bitcoin, but I don\'t think anyone here wants to recreate that mess. This change is also completely compatible with Seraphis, and likely any other potential future transaction protocol, so it\'s future-proof.\n\n\n\n# Edit:\n\nAfter further research, apparently this already exists! Just in a slightly different manner than what I described. The `--sync-pruned-blocks` flag was added in 2019, but from what I can tell it appears to be mostly forgotten about. I\'ve opened [an issue](https://github.com/monero-project/monero/issues/8834) on GitHub, suggesting to enable this by default for pruned nodes. There seems to be no reason why not to, as current pruning behavior means that the node will immediately discard most of the data it just downloaded, when syncing old blocks.', 'https://www.reddit.com/r/Monero/comments/1355ipf/proposal_modification_to_the_block_header_to/', '1355ipf', [['u/bdoc50', 16, '2023-05-02 02:11', 'https://www.reddit.com/r/Monero/comments/1355ipf/proposal_modification_to_the_block_header_to/jii1e6z/', 'This would be great if works as described. Chain "bloat" is the last sticking point for BTC maxi FUD regarding Monero.', '1355ipf'], ['u/gingeropolous', 10, '2023-05-02 02:33', 'https://www.reddit.com/r/Monero/comments/1355ipf/proposal_modification_to_the_block_header_to/jii4c67/', "Then they'll scream centralization because this is essentially accepting a stamp of approval ( afaiui)", '1355ipf'], ['u/Tystros', 27, '2023-05-02 05:35', 'https://www.reddit.com/r/Monero/comments/1355ipf/proposal_modification_to_the_block_header_to/jiirthv/', 'you should post this as an issue on github', '1355ipf'], ['u/DisputableSSD', 11, '2023-05-02 07:34', 'https://www.reddit.com/r/Monero/comments/1355ipf/proposal_modification_to_the_block_header_to/jij3bdc/', 'Done! See the edit on the original post.', '1355ipf']]], ['u/shiraco414', 'If I could go back five years', 34, '2023-05-02 02:09', 'https://www.reddit.com/r/M1Finance/comments/1355su7/if_i_could_go_back_five_years/', 'I would tell myself to stop pretending I knew what I was doing or care to know, and just put my money in VOO and some in VUG.\n\nI would have made more money without stressing myself and looking at my phone all the time. \n\nObviously, I\'m not counting things like "buy bitcoin X date and sell it X date"', 'https://www.reddit.com/r/M1Finance/comments/1355su7/if_i_could_go_back_five_years/', '1355su7', [['u/slut', 26, '2023-05-02 02:16', 'https://www.reddit.com/r/M1Finance/comments/1355su7/if_i_could_go_back_five_years/jii1ztz/', 'M1Finance is the /r/wallstreetbets retirement home', '1355su7']]], ['u/HockeyGold11', '27M - Guidance needed', 20, '2023-05-02 02:20', 'https://www.reddit.com/r/Fire/comments/13561bu/27m_guidance_needed/', "Looking for advice as I think it may be time to change my strategy. I think I am too heavily investing in tax advantaged retirement accounts and wondering if I need to start exploring a taxable brokerage and HYSA.\n\nFinancial Breakdown:\n\n~105k income (about 3.5k expenses in VHCOL – SoCal)\n\n401k - 95k (max + generous employer match of 10-12k/yr)\n\nRoth - 40k (max yearly with some individual holdings like TSLA)\n\nHSA - 4.5k (max)\n\nCrypto - 8k (I buy $400ish bitcoin every month)\n\nI don't really have any savings outside of retirement and crypto. Do I need to tone down the tax advantaged and start building non-retirement or keep the current path?\n\nThanks for any help you can provide.", 'https://www.reddit.com/r/Fire/comments/13561bu/27m_guidance_needed/', '13561bu', [['u/parchedbeluga', 20, '2023-05-02 02:39', 'https://www.reddit.com/r/Fire/comments/13561bu/27m_guidance_needed/jii52ya/', "Continue to max every available tax-advantaged opportunity. You're on the cusp of being able to do so, and your future earnings will take you over that limit where you'll have to contribute to taxable accounts anyway (mega backdoor aside). \n\nThink of it this way - you want funds to grow tax free for as long as possible. Why wouldn't you want those accounts to be maximized as early as possible? Even if you retire before withdrawal age, you'll need money when you're older too. \n\nAlso here's obligatory unsolicited advice to dump your individual holdings. It can work for people who really know what they're doing. Based on where that money is going, you aren't one of those people.", '13561bu'], ['u/o2msc', 25, '2023-05-02 02:42', 'https://www.reddit.com/r/Fire/comments/13561bu/27m_guidance_needed/jii5gl6/', 'You should have about $20,000 in a HYSA as your six month emergency fund. Especially living in a VHCOL area with a more modest income for Southern California. Really no business having that much money going into crypto every month when you don’t have any savings.', '13561bu']]], ['u/Fureasies', 'Hashrate goes brrrr (ATH)', 30, '2023-05-02 03:03', 'https://www.reddit.com/r/Bitcoin/comments/1356yp0/hashrate_goes_brrrr_ath/', '[https://www.coinwarz.com/mining/bitcoin/hashrate-chart](https://www.coinwarz.com/mining/bitcoin/hashrate-chart)\n\n491.15 EH/s (2.5.2023 1.08 am UTC)\n\nhttps://preview.redd.it/0iwlsnpwhbxa1.png?width=983&format=png&auto=webp&v=enabled&s=12ed98b58571320c5b814a0fcc048f1c756de0ec', 'https://www.reddit.com/r/Bitcoin/comments/1356yp0/hashrate_goes_brrrr_ath/', '1356yp0', [['u/Unlikely-Swordfish28', 16, '2023-05-02 03:36', 'https://www.reddit.com/r/Bitcoin/comments/1356yp0/hashrate_goes_brrrr_ath/jiicpq6/', 'i find hashrate so interesting, prob the most bullish signal we have. Someone, somewhere is pouring a lot of resources into mining infrascture, likely a nation state', '1356yp0'], ['u/jamesblacklock', 11, '2023-05-02 05:31', 'https://www.reddit.com/r/Bitcoin/comments/1356yp0/hashrate_goes_brrrr_ath/jiirey7/', 'I\'m going to describe it in a not totally accurate way that may be easier to follow.\n\nHashrate basically roughly represents the number of miners (or "mining units") that are racing to create a block. The more miners there are, the higher the hashrate will go, and that\'s good for numerous reasons:\n\n1. It makes it harder for an attacker to use a 50% attack because the attacker has so much competition\n2. It suggests that mining profitability has probably increased, maybe because of more efficient mining equipment, maybe other reasons\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: ['Highly anticipated layer-1 blockchain Suilaunchestomorrow, but how does it, and its native token SUI, actually work?\nTheproof-of-stakeblockchain, which uses a modified version of the Move programming language, has a cap of 10 billion tokens.\nThe Sui Foundationsaysthat a share of SUI’s total supply will be liquid at its mainnet launch tomorrow. The remaining tokens will be available over the coming years or distributed as future stake rewards.\nSUI will be used to pay gas fees for transactions, staking (to earn rewards), and as part of the network’s governance process. Half the supply of the tokens are allocated to the Community Reserve—a fund managed by theSui Foundation.\nMost of the remaining tokens will be for those who contributed to the project, and 14% will be allocated to investors, the Sui Foundation has said. Sui community members will be able to purchase the SUI token in the early stages of Sui Mainnet.\nSui Token and Network Launch: What You Need to Know\nWhich exchanges will be supporting SUI? A number of smaller exchanges—BitForex, DigiFinex, HotBit and SuperEx—have allowed customers to buy IOU versions of the tokens in advance. Of the major exchanges, Binance, OKX, KuCoin, and ByBit have all made announcements. American citizens and residents are ineligible to receive SUI.\nThe world’s biggest crypto exchangeannouncedlast week that users will first be able to farm SUI via Binance Launcpool, a DeFi platform that allows users to farm new assets. Binance will then list SUI when its liquidity meets the requirement and open trading with SUI/BTC, SUI/USDT, SUI/TUSD and SUI/BNB trading pairs, the company added.\nSUI will also be available via Seychelles-based crypto exchange OKX’s Jumpstart platform,accordingto a blog post. The exchange last month said that users could get involved first via a token allocation lottery where holders of OKB (the exchange’s native token) could buy lottery tickets. Winners of the lottery would then be allowed to buy SUI.\nThe exchange also said it would allow users to view and trade assets on Sui via its OKX mobile app and OKX Wallet web extension.\nKuCoin has said that tokens will be available to investors immediately when the mainnet goes live tomorrow. The trading pair will only be SUI/USDT, and USDT-margined futures will be available at a later date when its liquidity meets the requirement, according to the exchange.\nBybit launched a SUI “recognition sale” last month—only allowing selected community members to snap up the token. Spot trading will be available for retail traders with SUI/USDT and SUI/USDC pairs from tomorrow, the exchange has said.', 'Highly anticipated layer-1 blockchain Sui launches tomorrow, but how does it, and its native token SUI, actually work? The proof-of-stake blockchain, which uses a modified version of the Move programming language, has a cap of 10 billion tokens. The Sui Foundation says that a share of SUI’s total supply will be liquid at its mainnet launch tomorrow. The remaining tokens will be available over the coming years or distributed as future stake rewards. SUI will be used to pay gas fees for transactions, staking (to earn rewards), and as part of the network’s governance process. Half the supply of the tokens are allocated to the Community Reserve—a fund managed by the Sui Foundation . Most of the remaining tokens will be for those who contributed to the project, and 14% will be allocated to investors, the Sui Foundation has said. Sui community members will be able to purchase the SUI token in the early stages of Sui Mainnet. Sui Token and Network Launch: What You Need to Know Which exchanges will be supporting SUI? A number of smaller exchanges—BitForex, DigiFinex, HotBit and SuperEx—have allowed customers to buy IOU versions of the tokens in advance. Of the major exchanges, Binance, OKX, KuCoin, and ByBit have all made announcements. American citizens and residents are ineligible to receive SUI. Binance The world’s biggest crypto exchange announced last week that users will first be able to farm SUI via Binance Launcpool, a DeFi platform that allows users to farm new assets. Binance will then list SUI when its liquidity meets the requirement and open trading with SUI/BTC, SUI/USDT, SUI/TUSD and SUI/BNB trading pairs, the company added. OKX SUI will also be available via Seychelles-based crypto exchange OKX’s Jumpstart platform, according to a blog post. The exchange last month said that users could get involved first via a token allocation lottery where holders of OKB (the exchange’s native token) could buy lottery tickets. Winners of the lottery would then be allowed to buy SUI. Story continues 🌊 Mainnet officially launches this Wednesday at 12:00 PM UTC. Get ready. pic.twitter.com/EBVF9kmCX2 — Sui (@SuiNetwork) April 30, 2023 The exchange also said it would allow users to view and trade assets on Sui via its OKX mobile app and OKX Wallet web extension. KuCoin KuCoin has said that tokens will be available to investors immediately when the mainnet goes live tomorrow. The trading pair will only be SUI/USDT, and USDT-margined futures will be available at a later date when its liquidity meets the requirement, according to the exchange. Bybit 📣 $SUI will be listed on #Bybit Spot on May 3, 12PM UTC. @SuiNetwork Explore $SUI now: https://t.co/OOX2eavzdW #TheCryptoArk #BybitSpot pic.twitter.com/pAXHGlOm8K — Bybit (@Bybit_Official) May 2, 2023 Bybit launched a SUI “recognition sale” last month—only allowing selected community members to snap up the token. Spot trading will be available for retail traders with SUI/USDT and SUI/USDC pairs from tomorrow, the exchange has said.', 'The total fees paid for Ordinal inscriptions topped 272 BTC, around $7.6 million on Tuesday, according to a Dune Analyticsdashboard. On Monday alone, over 372,000 inscriptions were created on the Bitcoin network—contributing to a daily record 682,281 Bitcoin transactions—with daily network fees hitting 23 BTC, or around $656,000.\n“Most of the acceleration is BRC-20,” Trevor Owens, Managing Partner at Bitcoin Frontier Fund, toldDecrypt. The BRC-20 token standard made minting tokens and meme coins on the Bitcoin network possible, clearing the path for over 1 million more inscriptions to be added to the over2.5 millionalready on the Bitcoin network in less than a week.\nIntroduced in March,BRC-20—or Bitcoin Request for Comment number 20—allowed the creation of fungible tokens using the Ordinals protocol launching a new wave of interest in minting NFT-like assets on the Bitcoin blockchain.\nBut while JPEGs are flooding the network, most inscriptions are still text-based.\n“Text inscriptions are lower cost since you pay based on the size of the data,” Owens said. “So they are low-cost high volume, whereas JPEGs and digital media is high cost, low volume.”\nCurrently, the memory usage on the Bitcoin network is over 650 MB, double the initial 300 MB capacity, indicating a higher demand for computer memory due to the increased transactions and fuller blocks, according to data fromMempool. This increase may make running a node more challenging, but Ordinals proponents say it secures and strengthens the network.\n“As long as the value gained from minting BRC-20 tokens is higher than the value lost to the inscription fees, we will see fees on Bitcoin continue to climb,” pseudonymous Twitter user @LeonidasNFT said, adding that higher fees on Bitcoin are a very good thing.\n“It indicates strong demand for Bitcoin’s block space, which is critical for the long-term success of the protocol,” Leonidas said. “The days of only using Bitcoin to transfer BTC to your hardware wallet once every few years have come to an end.”\nBitcoin NFT Mints Surpass 200K—But Is Interest in Ordinals Fading?\nHigh fees benefit the Bitcoin blockchain by incentivizing miners, prioritizing valuable transactions, and enhancing network security. However, while loading up the Bitcoin blockchain with JPEGs and sending fees skyrocketing may be good for miners and the network’s security, it puts a higher price tag on transactions on the network.\n“In February, we inscribed the Taproot Wizards collection, which took over 80MB of Bitcoin block space,” Taproot Wizardstweeted. “But now bitcoin transaction fees are so high, that if we tried inscribing the 80MB of wizards today, the fees would’ve cost us 32 BTC. Almost $1 million dollars.”\n“I think this is the best thing that could have happened to Bitcoin,” Owens said, pointing out that the launch and development of Ordinals did not require changing the Bitcoin base protocol. “We’ve unlocked new use cases to bring in liquidity, new users, and lots of developers making Bitcoin more valuable through better user experience and more use cases is what we need to reach mass adoption.”', 'The total fees paid for Ordinal inscriptions topped 272 BTC, around $7.6 million on Tuesday, according to a Dune Analyticsdashboard. On Monday alone, over 372,000 inscriptions were created on the Bitcoin network—contributing to a daily record 682,281 Bitcoin transactions—with daily network fees hitting 23 BTC, or around $656,000.\n“Most of the acceleration is BRC-20,” Trevor Owens, Managing Partner at Bitcoin Frontier Fund, toldDecrypt. The BRC-20 token standard made minting tokens and meme coins on the Bitcoin network possible, clearing the path for over 1 million more inscriptions to be added to the over2.5 millionalready on the Bitcoin network in less than a week.\nIntroduced in March,BRC-20—or Bitcoin Request for Comment number 20—allowed the creation of fungible tokens using the Ordinals protocol launching a new wave of interest in minting NFT-like assets on the Bitcoin blockchain.\nBut while JPEGs are flooding the network, most inscriptions are still text-based.\n“Text inscriptions are lower cost since you pay based on the size of the data,” Owens said. “So they are low-cost high volume, whereas JPEGs and digital media is high cost, low volume.”\nCurrently, the memory usage Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-03 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $555,230,440,625 - Hash Rate: 341432463.6274834 - Transaction Count: 489559.0 - Unique Addresses: 728440.0 Social & AI Sentiment: - Fear & Greed Index: 0.64 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: • US stocks fell on Tuesday as the Federal Reserve kicks off its May FOMC meeting today. • Fed Chairman Jerome Powell is expected to announce a 25-basis-point interest rate hike on Wednesday. • Powell's remarks will be closely monitored by traders for clues of a potential pause in rate hikes after recent bank failures. US stocks edged lower on Tuesday as traders prep for the Federal Reserve's May FOMC meeting, which is expected to conclude with a 25-basis-point interest rate hike on Wednesday. Investors will also be looking to Fed Chairman Jerome Powell's press conference for any clues that a pause in future rate hikes is imminent, especially after First Republic Bank became the third bank to collapse in recent months. Investors also have their eyes on corporate earnings, with Apple set to report their results after the market close on Thursday. So far, earnings have held up better than analyst estimates. With 57% of S&P 500 companies having already reported results, 80% are beating profit estimates by a median of 8% while 74% are beating revenue estimates by a median of 3%, according to Fundstrat. Here's where US indexes stood shortly after the 9:30 a.m. ET opening bell on Tuesday: • S&P 500:4,158.30, down 0.23% • Dow Jones Industrial Average:33,974.44, down 0.23% (77.26 points) • Nasdaq Composite:12,190.87, down 0.18% Here's what else is happening this morning: • Robinhood mistakenly told its users that AMC Entertainment had filed for bankruptcyMonday, drawing the ire of the theater chain's boss. • Citigroup CEO Jane Fraser said the worst of the ongoing banking uncertainty is likely overafter JPMorgan struck a deal to take over First Republic Bank. • EconomistMohamed El-Erian warned of "collateral damage" from JPMorgan's takeoverof First Republic and said there could be four unintended consequences of the deal. In commodities, bonds and crypto: • West Texas Intermediate crudeoil fell 1.31% to $74.67 per barrel.Brent crude, oil's international benchmark, dropped 1.20% to $78.36. • Goldrose 0.10% to $1,994.20 per ounce. • The yield on the 10-year Treasury fell two basis point to 3.55%. • Bitcoin was flat at $28,087, while ether rose 0.05% to $1,832. Read the original article onBusiness Insider... - Reddit Posts (Sample): [['u/kryptoNoob69420', "Balaji Srinivasan 'Burns' $1 Million in Bitcoin to Prove a Point", 17, '2023-05-03 00:10', 'https://www.reddit.com/r/CryptoCurrency/comments/1361zyp/balaji_srinivasan_burns_1_million_in_bitcoin_to/', 'Dude kept his word and paid up. I wish more rich people like Robert Kiyosaki and Michael Burry would have the guts to make similar bets while making their lame predictions.', 'https://decrypt.co/138632/balaji-srinivasan-burns-1-million-bitcoin', '1361zyp', [['u/kryptoNoob69420', 14, '2023-05-03 00:15', 'https://www.reddit.com/r/CryptoCurrency/comments/1361zyp/balaji_srinivasan_burns_1_million_in_bitcoin_to/jimdnhw/', '"Today, he said the bet had been “closed out by mutual agreement” and settled early, giving $500,000 to poverty charity Give Directly, $500,000 to Bitcoin core developers, and $500,000 to Medlock. "\n\nThat\'s a good donation to charity and to the Bitcoin devs. Dude made a stupid bet but paid up without any bullshit or excuses.', '1361zyp']]], ['u/azchronic', 'Might sound like stupid question, but does it really matter if initial BTC or XMR purchase is made with ID?', 31, '2023-05-03 03:24', 'https://www.reddit.com/r/darknet/comments/1366j1c/might_sound_like_stupid_question_but_does_it/', 'Hypothetically if you were to run it through multiple mixers / wallets after would the initial KYC information matter? Asking for a close friend who is pretty stupid and dumb.', 'https://www.reddit.com/r/darknet/comments/1366j1c/might_sound_like_stupid_question_but_does_it/', '1366j1c', [['u/AridDarkness', 19, '2023-05-03 03:41', 'https://www.reddit.com/r/darknet/comments/1366j1c/might_sound_like_stupid_question_but_does_it/jin5gty/', 'No. You should be more than fine buying btc clear then transfer it into monero', '1366j1c'], ['u/[deleted]', 48, '2023-05-03 03:50', 'https://www.reddit.com/r/darknet/comments/1366j1c/might_sound_like_stupid_question_but_does_it/jin6sr1/', 'Monero, unlike Bitcoin, is electronic cash.\n\nHaving Monero in your wallet is exactly like having cash in your wallet. It doesn\'t matter that you got it from the bank and they have your ID and account number... the moment you walk out of the bank with the funds in your wallet, "they" can\'t tell what happens anymore.\n\nJust use Monero. Fuck surveillance. Fuck Bitcoin.', '1366j1c'], ['u/Adventurous-Tax-4356', 69, '2023-05-03 03:59', 'https://www.reddit.com/r/darknet/comments/1366j1c/might_sound_like_stupid_question_but_does_it/jin836o/', 'BTC- yes, even with mixers the ability to trace entire path is proven to be easy now which is why mixers are pointless \n\nXMR- no, not at the moment, as long as you transfer to other wallet(s). But may be possible in the future', '1366j1c'], ['u/Brandon209999', 13, '2023-05-03 04:13', 'https://www.reddit.com/r/darknet/comments/1366j1c/might_sound_like_stupid_question_but_does_it/jin9ymw/', 'Finally a good answer', '1366j1c'], ['u/dreamyxlanters', 11, '2023-05-03 05:32', 'https://www.reddit.com/r/darknet/comments/1366j1c/might_sound_like_stupid_question_but_does_it/jinjz4g/', 'First, you should only using XMR and not BTC \n\nSecond, no it does not matter. Let’s say you buy some XMR from Kraken, and you use your ID to buy it. The only thing they can see is the wallet you sent it to. Personally, when I buy mine it goes through 3 wallets before I’m doing anything with it. \n\nCompanies already have your information, it’s sold everyday. It makes no difference, and they can’t see what you’ve done with it or where it went.', '1366j1c']]], ['u/breakfastpete', "When buttcoin fails, I don't look forward to the rationalizations and excuses from the butters.", 49, '2023-05-03 03:42', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/', 'Long time lurker, first time poster. I just wanted to say that when this house of cards comes tumbling down on the bitcoin endeavor (maybe with the collapse of Tether?) the anger from the butter-faithfuls will be overwhelming I\'m sure. I mean, I don\'t doubt that there will be many people who were "in it for the money" who will simply roll with the punches and just go on with their lives.\n\n\n\n\nBut what I don\'t look forward to are the buttcoin faithfuls who will still insist that the technology is awesome and will blame everybody but themselves for the failure. I can just see them blaming the government, blaming mainstream media, Biden, and they might even blame lizard Jews or some such nonsense. And I personally don\'t look forward to see that bullshit from idiots who place the blame of their financial frustration on some stupid false-conspiracy rather than use the moment to re-examine their own decisions.', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/', '1366x3z', [['u/[deleted]', 13, '2023-05-03 03:56', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/jin7nfl/', "Oh yeah, get ready for 30 years of conspiracy theories of why it didn't work out.", '1366x3z'], ['u/FoulmouthedGiftHorse', 38, '2023-05-03 04:00', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/jin83me/', 'They’ll blame the government.\n\nIf the government enacts legislation and regulations to curtail the scams, fraudulent exchanges and stablecoins, it will crash - they’ll blame the government for killing it. If the government does nothing, the scams will implode under their own fraud and it will crash - they will blame the government for not doing enough to protect them.', '1366x3z'], ['u/SilentButDeadlySquid', 58, '2023-05-03 04:06', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/jin8wtp/', 'Go here: https://www.reddit.com/r/BBBY\n\nI think it will be something like this. Of course they believe that is what it will be like when the entire world economy fails.', '1366x3z'], ['u/NewKitchenFixtures', 18, '2023-05-03 04:07', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/jin941i/', 'I’d expect it to be like the BBBY stuff. Seeing that gave me a better idea of what is behind bitcoin as there are no reasons to obscure intentions once they reach curtain call.\n\nThat said, without an underlying asset or thing to go bankrupt (like a dead company for a meme stock) there is nothing to force an end. And in a closed loop the value on coins may hold in some disconnected world on its own indefinitely.\n\nEven if there are no off ramps and there are five proof of work servers left in the world.', '1366x3z'], ['u/LloydBrahn', 10, '2023-05-03 04:30', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/jinc7em/', 'That shit is amazing. Pure cult nut jobs that have completely lost the plot. Literally still think bbby is gonna “MOASS”. Still', '1366x3z'], ['u/hoenndex', 21, '2023-05-03 05:12', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/jinhnhv/', 'Which is pretty hilarious considering one of their common phrases is that Bitcoin is censorship proof. They claim there is no way government can kill crypto, when there are so many ways it could be done.', '1366x3z'], ['u/Rokos_Bicycle', 13, '2023-05-03 07:42', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/jinx9x4/', 'That is fucking wild', '1366x3z'], ['u/Iazo', 13, '2023-05-03 09:14', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/jio48oy/', 'If there are a bunch of morons eating a turd and one asks: "Is there anything that would make you change your mind towards eating a turd?" ...well, that\'s not the gotcha what you imagine it to be.\n\nBitcoin is shit. There are SOME circumstances is which maybe a cryptocoin would be not shit, but bitcoin is not it. The scam-friendly model in which access is equal to ownership, the intolerance to mistakes, the transaction throughput, the deflationary model, the idiotic energy waste, the inaccesibility, and more, cause this is just off the top of my head.\n\nNote, all this is INDIFFERENT to the price of butts. It matters to the butters, but the foibles are structural, and would be there regardles of whether butts are wash traded at 500$ or 100k$.', '1366x3z'], ['u/AtJackBaldwin', 21, '2023-05-03 09:59', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/jio7arc/', 'A bricks and mortar homewares store which is bankrupt. People invested in it through social media hype which turned into a massive pump and dump, now the only ones left are Q-adjacent weirdos who think that some superhero investor is going to swoop in and pay them thousands of dollars per share because of reasons.', '1366x3z'], ['u/Hayden3456', 21, '2023-05-03 10:10', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/jio81pr/', 'Also checkout r/gme_meltdown for the highlights', '1366x3z'], ['u/Siccors', 12, '2023-05-03 11:32', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/jiodg4t/', 'The problem is you have such a wide range of tokens. I will never change my opinion regarding Bitcoin, since destroying the environment is simply not needed for a financial system. \n\nRegarding others which don\'t destroy the environment, I am not a libertarian, so also not hugely in favour of letting free market handle everything. But to be convinced it has a future I would at least need to see it being used often in real life, and preferably with advantages compared to what I already got now. So just numbers go up would not convince me. \n\n(Only \'relation\' between crypto and nutrition I am aware of is the absolute bullshit from Bitcoin maxis regarding "fiat food", I hope yours is not related to that).', '1366x3z... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 mining investment service diversifies the growing company\'s offerings, aims to simplify digital asset mining and make it more accessible SEOUL, South Korea , May 3, 2023 /PRNewswire/ -- Haru Invest , a leading digital asset management platform, today announced the launch of its crypto mining product Haru Mining in partnership with Canadian crypto miner Pow.re . Haru Invest logo (PRNewsfoto/Haru Invest) Haru Mining represents a strategic expansion of Haru Invest\'s suite of digital asset investment services, opening users to earn strong returns from the company\'s access to environmentally friendly crypto mining via its recent investment in stranded energy miner Pow.re . Users who lock-up a minimum of 20 USDT for three years can earn an annual dividend rate of up to 16% based on returns from Pow.re\'s digital asset mining. "At Haru Invest, we believe everyone deserves the opportunity to achieve financial freedom and are strong advocates in driving mass adoption of crypto by making investing, and now mining, easier and more accessible for all," said Hugo Lee , CEO of Haru Invest. "Mining has always been an area of interest for Haru Invest, and we\'re excited to partner with Pow.re to help diversify our products and utilize environmentally-friendly methods for mining activities. Sustainable Mining and Stable Returns Haru Invest began mining Bitcoin in January 2023 following a $9M Series A investment it led into Pow.re, which uses only renewable energy and strives to develop environmentally friendly and effective mining. Pow.re has been mining for years and its mining facilities are approved by the Canadian and Paraguayan governments. Haru Invest\'s partnership with an existing, experienced and trusted digital asset mining business enables it to deliver strong returns for users of its new mining investment product, Haru Mining. Because Haru Invest has been mining since January \x97 when the price of Bitcoin was around $16,500 , roughly 40% lower than its current price \x97 it already holds significant dividends for payouts of its new mining tool. Story continues How Haru Mining Works Investor deposits will go toward expanding Haru Invest\'s mining facilities so the company can add additional miners and mining devices, and investors\' principal will be guaranteed based on profit from the new miners. Its mining investment product offers users a long-term investment vehicle with competitive earn rates and no principal loss. More details on Haru Mining: Lockup period: 3 years Principal: USDT Annual Dividend rate: Up to 16% Payout: BTC Price of Bitcoin : CoinMarketCap\'s closing price 2 days before the round opens Minimum lockup amount: 20 USDT First sale pool size: 2,000,000 USDT First round open date: April 24th First round end date: When pool reaches its limit Haru Invest offers users three core crypto investment products and features some of the highest crypto earn rates in the market, with up to 16% APR, powered by its strong in-house digital asset management teams who employ high-frequency algorithmic trading strategies that take advantage of market inefficiencies and gaps to generate profits. Since its founding in 2019, Haru Invest has processed more than $2.27B in total transaction volume across more than 140 countries, has paid out earnings over 9.7 million times and has never experienced a security breach, missed earnings payout or failed withdrawal. To learn more about Haru Invest and its new mining product, visit https://haruinvest.com/mining . About Haru Invest Haru Invest, a subsidiary service brand of Block Crafters, is a successful CeFi digital asset investment platform that built a secure bridge between crypto investment services, decentralized, and traditional finance, with $2.27 billion in total transaction volume. Haru Invest supports five crypto assets \x97 Bitcoin , Ether, Tether, Ripple and USDC \x97 with a tier of investment strategies, Earn Plus and Earn Explore. The Haru Invest team has over five years\' experience in diverse strategies of crypto fund management, based on a trading model that takes advantage of market inefficiencies to generate stable profits. With users in over 140 countries, Haru Invest is committed to educating and guiding crypto owners at all levels to achieve stable and profitable digital asset investment goals. For more information: SHIFT Communications [email protected] Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/haru-invest-continues-expansion-with-haru-mining-a-new-crypto-mining-investment-product-in-partnership-with-powre-301815363.html SOURCE Haru Invest', 'New mining investment service diversifies the growing company\'s offerings, aims to simplify digital asset mining and make it more accessible SEOUL, South Korea , May 3, 2023 /PRNewswire/ -- Haru Invest , a leading digital asset management platform, today announced the launch of its crypto mining product Haru Mining in partnership with Canadian crypto miner Pow.re . Haru Invest logo (PRNewsfoto/Haru Invest) Haru Mining represents a strategic expansion of Haru Invest\'s suite of digital asset investment services, opening users to earn strong returns from the company\'s access to environmentally friendly crypto mining via its recent investment in stranded energy miner Pow.re . Users who lock-up a minimum of 20 USDT for three years can earn an annual dividend rate of up to 16% based on returns from Pow.re\'s digital asset mining. "At Haru Invest, we believe everyone deserves the opportunity to achieve financial freedom and are strong advocates in driving mass adoption of crypto by making investing, and now mining, easier and more accessible for all," said Hugo Lee , CEO of Haru Invest. "Mining has always been an area of interest for Haru Invest, and we\'re excited to partner with Pow.re to help diversify our products and utilize environmentally-friendly methods for mining activities. Sustainable Mining and Stable Returns Haru Invest began mining Bitcoin in January 2023 following a $9M Series A investment it led into Pow.re, which uses only renewable energy and strives to develop environmentally friendly and effective mining. Pow.re has been mining for years and its mining facilities are approved by the Canadian and Paraguayan governments. Haru Invest\'s partnership with an existing, experienced and trusted digital asset mining business enables it to deliver strong returns for users of its new mining investment product, Haru Mining. Because Haru Invest has been mining since January \x97 when the price of Bitcoin was around $16,500 , roughly 40% lower than its current price \x97 it already holds significant dividends for payouts of its new mining tool. Story continues How Haru Mining Works Investor deposits will go toward expanding Haru Invest\'s mining facilities so the company can add additional miners and mining devices, and investors\' principal will be guaranteed based on profit from the new miners. Its mining investment product offers users a long-term investment vehicle with competitive earn rates and no principal loss. More details on Haru Mining: Lockup period: 3 years Principal: USDT Annual Dividend rate: Up to 16% Payout: BTC Price of Bitcoin : CoinMarketCap\'s closing price 2 days before the round opens Minimum lockup amount: 20 USDT First sale pool size: 2,000,000 USDT First round open date: April 24th First round end date: When pool reaches its limit Haru Invest offers users three core crypto investment products and features some of the highest crypto earn rates in the market, with up to 16% APR, powered by its strong in-house digital asset management teams who employ high-frequency algorithmic trading strategies that take advantage of market inefficiencies and gaps to generate profits. Since its founding in 2019, Haru Invest has processed more than $2.27B in total transaction volume across more than 140 countries, has paid out earnings over 9.7 million times and has never experienced a security breach, missed earnings payout or failed withdrawal. To learn more about Haru Invest and its new mining product, visit https://haruinvest.com/mining . About Haru Invest Haru Invest, a subsidiary service brand of Block Crafters, is a successful CeFi digital asset investment platform that built a secure bridge between crypto investment services, decentralized, and traditional finance, with $2.27 billion in total transaction volume. Haru Invest supports five crypto assets \x97 Bitcoin , Ether, Tether, Ripple and USDC \x97 with a tier of investment strategies, Earn Plus and Earn Explore. The Haru Invest team has over five years\' experience in diverse strategies of crypto fund management, based on a trading model that takes advantage of market inefficiencies to generate stable profits. With users in over 140 countries, Haru Invest is committed to educating and guiding crypto owners at all levels to achieve stable and profitable digital asset investment goals. For more information: SHIFT Communications [email protected] Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/haru-invest-continues-expansion-with-haru-mining-a-new-crypto-mining-investment-product-in-partnership-with-powre-301815363.html SOURCE Haru Invest', 'New mining investment service diversifies the growing company\'s offerings, aims to simplify digital asset mining and make it more accessible SEOUL, South Korea , May 3, 2023 /CNW/ -- Haru Invest , a leading digital asset management platform, today announced the launch of its crypto mining product Haru Mining in partnership with Canadian crypto miner Pow.re . Haru Invest logo (PRNewsfoto/Haru Invest) Haru Mining represents a strategic expansion of Haru Invest\'s suite of digital asset investment services, opening users to earn strong returns from the company\'s access to environmentally friendly crypto mining via its recent investment in stranded energy miner Pow.re . Users who lock-up a minimum of 20 U Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-04 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $562,300,669,362 - Hash Rate: 351888475.1483047 - Transaction Count: 491123.0 - Unique Addresses: 680011.0 Social & AI Sentiment: - Fear & Greed Index: 0.64 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Stocks rallied on Wednesday as investors eyed the end of an eventful month and first quarter of the year marked by resiliency in the face of a bank crisis and looming questions about the global economy. At the closing bell, the S&P 500 ( ^GSPC ) was up 1.1%, the Dow Jones Industrial Average ( ^DJI ) was higher by 1%, and the tech-heavy Nasdaq Composite ( ^IXIC ) led gains, rising 1.8%. With the first quarter set to wrap up Friday, the Nasdaq is sitting on gains north of 13%, the S&P 500 is up more than 4.5% so far this year, and the Dow is lagging, falling 1.3% in 2023. This relative performance is a reversal from what was seen last year, when the Nasdaq fell nearly 30%, the S&P 500 lost over 18%, and the Dow fell a more modest 9%. The price of crude oil was volatile on Wednesday, trading below $73 after having changed hands north of $74 earlier in morning trade. The 10-year yield stood near 3.55%. Bitcoin ( BTC-USD ) was also notably higher, rising more than 5% to trade north of $28,000. So far this year, bitcoin has gained more than 70%. Wednesday's move higher in the major averages came amid a somewhat slower calendar for corporate and economic news, with earnings last night from Micron Technology ( MU ) and Lululemon ( LULU ) serving as the key highlights during the trading session. Micron shares were up more than 7% on Wednesday after the chip giant last night suggested the battered chip business could be turning a corner, with CEO Sanjay Mehrotra telling investors "we are close to a transition to sequential revenue growth in our quarterly results." Micron reported revenues for its fiscal second quarter on Tuesday that were down about 10% from the prior quarter and more than 50% lower than the same period last year. Mehrotra also called out the potential positive impacts that recent investor enthusiasm around AI advances could have on the industry, telling investors: "Recent developments in artificial intelligence (AI) provide an exciting prelude to the transformational capabilities of large language models, or LLMs, such as ChatGPT, which require significant amounts of memory and storage to operate. We are only in the very early stages of the widespread deployment of these AI technologies and potential exponential growth in their commercial use cases." Story continues Lululemon shares, meanwhile, were up more than 12% on Wednesday after reporting top and bottom line results that beat estimates , with revenue rising 30% in the fourth quarter as comparable store sales rose 27%. On the economic data side, data on pending home sales from the National Association of Realtors showed homes under contract rose for the third-straight month in February. A Lululemon sign is seen at a shopping mall in San Diego, California, U.S., November, 23, 2022. REUTERS/Mike Blake (Mike Blake / reuters) 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... - 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: ['Tech startup Fedi has raised $17 million in an effort to make Bitcoin easier for newbies to use and grasp through the use of private and scalable "federations."\n"Fedi, as a company, aims to empower communities everywhere by accelerating the adoption of technologies like Bitcoin and Lightning—and rolling out Fedimint federations to communities and companies worldwide is how we intend to do it," Fedi CEO and co-founder Obi Nwosu toldDecrypt.\nFedimint federationsare a cryptographic Bitcoin tool that allows users to set up communities—which could be made up of friends, neighbors, businesses, or any other loosely coupled group of people—for custodying Bitcoin and Lightning together.\nStepping back for a minute, Bitcoin stands out from traditional digital money because it allows users to have control of their assets, rather than trust them in the hands of a third party. It’s kind of like digital cash. But, most users end up storing their money on exchanges or custodial wallets anyway because self-custody takes time to learn.\nLightning Labs Aims to Help \'Bring Bitcoin to Billions\' With Latest Upgrade\nFedi wants to use federations to provide a way of using Bitcoin that\'s easy, and gives users more security than traditional Bitcoin wallets. It works because rather than just one custodian being in charge, the Fedimint protocol allows power to be distributed amongst a number of custodians, making it harder for any single entity to run off with the funds.\n"The main advantages of the Fedimint protocol are that it provides an incredibly powerful yet simple way to use Bitcoin without requiring a single point of trust or control, it allows Bitcoin to scale to billions of users, and it enables builders to extend the functionality of the Bitcoin ecosystem more powerfully and easily than current smart contract, DeFi, and Web3 solutions on alternative blockchains," Nwosu said.\nWhat You Need to Know About the Bitcoin \'Privacy War\'\nAdditionally, Fedi claims to provide more privacy than the most popular Bitcoin wallets. Under the hood, the Fedimint protocol obscures who\'s a part of a federation and how much Bitcoin each user has, so that the custodians can’t see any of these details.\nFedi also has plans to go beyond Bitcoin with a "federated operating system" that would allow "a Fedi user to take control of their money and data by utilizing one or more trusted federations of their choosing,” Nwosu said.\n"One of Fedi\'s in-built features will be a wallet, but chat, web browsing, and application execution will also be significant capabilities," he added. The team plans to release an Alpha version of its product geared towards developers by the end of the month.', 'Tech startup Fedi has raised $17 million in an effort to make Bitcoin easier for newbies to use and grasp through the use of private and scalable "federations." "Fedi, as a company, aims to empower communities everywhere by accelerating the adoption of technologies like Bitcoin and Lightning—and rolling out Fedimint federations to communities and companies worldwide is how we intend to do it," Fedi CEO and co-founder Obi Nwosu told Decrypt . Fedimint federations are a cryptographic Bitcoin tool that allows users to set up communities—which could be made up of friends, neighbors, businesses, or any other loosely coupled group of people—for custodying Bitcoin and Lightning together. Stepping back for a minute, Bitcoin stands out from traditional digital money because it allows users to have control of their assets, rather than trust them in the hands of a third party. It’s kind of like digital cash. But, most users end up storing their money on exchanges or custodial wallets anyway because self-custody takes time to learn. Lightning Labs Aims to Help \'Bring Bitcoin to Billions\' With Latest Upgrade Fedi wants to use federations to provide a way of using Bitcoin that\'s easy, and gives users more security than traditional Bitcoin wallets. It works because rather than just one custodian being in charge, the Fedimint protocol allows power to be distributed amongst a number of custodians, making it harder for any single entity to run off with the funds. "The main advantages of the Fedimint protocol are that it provides an incredibly powerful yet simple way to use Bitcoin without requiring a single point of trust or control, it allows Bitcoin to scale to billions of users, and it enables builders to extend the functionality of the Bitcoin ecosystem more powerfully and easily than current smart contract, DeFi, and Web3 solutions on alternative blockchains," Nwosu said. What You Need to Know About the Bitcoin \'Privacy War\' Story continues Additionally, Fedi claims to provide more privacy than the most popular Bitcoin wallets. Under the hood, the Fedimint protocol obscures who\'s a part of a federation and how much Bitcoin each user has, so that the custodians can’t see any of these details. Fedi also has plans to go beyond Bitcoin with a "federated operating system" that would allow "a Fedi user to take control of their money and data by utilizing one or more trusted federations of their choosing,” Nwosu said. "One of Fedi\'s in-built features will be a wallet, but chat, web browsing, and application execution will also be significant capabilities," he added. The team plans to release an Alpha version of its product geared towards developers by the end of the month.', 'Tech startup Fedi has raised $17 million in an effort to make Bitcoin easier for newbies to use and grasp through the use of private and scalable "federations."\n"Fedi, as a company, aims to empower communities everywhere by accelerating the adoption of technologies like Bitcoin and Lightning—and rolling out Fedimint federations to communities and companies worldwide is how we intend to do it," Fedi CEO and co-founder Obi Nwosu toldDecrypt.\nFedimint federationsare a cryptographic Bitcoin tool that allows users to set up communities—which could be made up of friends, neighbors, businesses, or any other loosely coupled group of people—for custodying Bitcoin and Lightning together.\nStepping back for a minute, Bitcoin stands out from traditional digital money because it allows users to have control of their assets, rather than trust them in the hands of a third party. It’s kind of like digital cash. But, most users end up storing their money on exchanges or custodial wallets anyway because self-custody takes time to learn.\nLightning Labs Aims to Help \'Bring Bitcoin to Billions\' With Latest Upgrade\nFedi wants to use federations to provide a way of using Bitcoin that\'s easy, and gives users more security than traditional Bitcoin wallets. It works because rather than just one custodian being in charge, the Fedimint protocol allows power to be distributed amongst a number of custodians, making it harder for any single entity to run off with the funds.\n"The main advantages of the Fedimint protocol are that it provides an incredibly powerful yet simple way to use Bitcoin without requiring a single point of trust or control, it allows Bitcoin to scale to billions of users, and it enables builders to extend the functionality of the Bitcoin ecosystem more powerfully and easily than current smart contract, DeFi, and Web3 solutions on alternative blockchains," Nwosu said.\nWhat You Need to Know About the Bitcoin \'Privacy War\'\nAdditionally, Fedi claims to provide more privacy than the most popular Bitcoin wallets. Under the hood, the Fedimint protocol obscures who\'s a part of a federation and how much Bitcoin each user has, so that the custodians can’t see any of these details.\nFedi also has plans to go beyond Bitcoin with a "federated operating system" that would allow "a Fedi user to take control of their money and data by utilizing one or more trusted federations of their choosing,” Nwosu said.\n"One of Fedi\'s in-built features will be a wallet, but chat, web browsing, and application execution will also be significant capabilities," he added. The team plans to release an Alpha version of its product geared towards developers by the end of the month.', 'SINGAPORE --News Direct-- BingX SINGAPORE - Media OutReach - 5 May 2023 - BingX, one of the leading cryptocurrency exchange, is pleased to announce that it has initiated research on BRC-20 , an emerging token standard on blockchain. The recent popularity of the BRC-20 token standard of Bitcoin, particularly after the recent rise of the memecoin, has resulted in the creation of over 8,000 unique tokens using the BRC-20 standard, with the majority of them being memecoins like Ordinals ($ ORDI ) and Memetic ($MEME). In comparison to the hundreds of thousands of ERC-20 tokens on Ethereum to only 8,000 BRC-20, the BingX research team is committed to conducting thorough analyses of various BRC20 projects. It is crucial that the research is carried out promptly to ensure that BingX traders have a strategic advantage while also providing them with a safe investing experience. "Our team is excited to embark on this journey to research BRC20 token standard. Our goal is to provide our traders with access to the most innovative tokens in the market while ensuring their financial safety," said Elvisco Carrington, PR and Communications Director of BingX. BingX is committed to identifying promising BTC NFT projects and forging partnerships with them, ensuring that top BRC20 coins are well-audited. Our mission is to equip our traders with the best tools and knowledge to make informed investment decisions. Stay tuned for further updates from BingX as we continue to research and explore new ways to provide our traders with the best possible trading experience. About BingX Founded in 2018, BingX is a leading crypto exchange that offers spot, derivatives, copy, and grid trading services to over 100 countries and regions worldwide with over 5 million users. BingX continues to connect users with expert traders and the platform in a safe and innovative way. Additionally, Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-05 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $558,953,406,000 - Hash Rate: 283977798.47865146 - Transaction Count: 411429.0 - Unique Addresses: 652054.0 Social & AI Sentiment: - Fear & Greed Index: 0.61 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Join the most important conversation in crypto and web3! Secure your seat today 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. Bitcoin broke the $30,000 level for thefirst time since Juneon Tuesdayas March's banking turbulence fades farther into the distance and investors grow more optimistic about the Federal Reserve's monetary policy. Bitcoin was up 6% in the past 24 hours to $30,100. Trading volume, however, remains low, according to Matteo Bottacini, a trader at Crypto Finance AG. “This indicates that few are taking profits from the year-end low and new buyers are still hesitant to enter the market,” Bottacini wrote in a morning note.Crypto-related stocks also climbedon the back of bitcoin’s rise. Marathon Digital (MARA), Coinbase (COIN) and MicroStrategy (MSTR) all rose on Monday and were up further in premarket trading on Tuesday. Tyler and Cameron Winklevoss recentlylenttheir Gemini cryptocurrency exchange $100 million to support the business amid the market downturn,Bloomberg reported. The brothers provided the loan after trying to get outside investment for Gemini, Bloomberg said, citing anonymous sources. A Gemini spokesperson didn't immediately respond to a CoinDesk request for comment. The $100 million figure stands out in part because that equals the amount Gemini agreed to give some of its customers as part of the Genesis bankruptcy case. Genesis, which, like CoinDesk, is owned by Digital Currency Group, froze withdrawals in the aftermath of crypto exchange FTX's collapse last year, a decision that locked up money for customers of Gemini's Earn yield product. Millions of Aptos Labs' APT tokenswill be unlockedon Wednesday in a planned move that’s set to increase the circulating supply by 0.5%, data shows.APT rose nearly 8% in the past 24 hours, according to CoinGecko. The Aptos network has a market cap of over $2.3 billion, and the APT unlock is valued at over $50 million based on current prices. Unlocks refer to the automatic release of new tokens belonging to any blockchain network into the open market. They are often previously planned. Aptos is a blockchain that was founded by former employers of Facebook's parent company, Meta Platforms (META), after Facebook abandoned its own plans to create a blockchain-based payments network called Diem (formerly Libra). • The chart shows changes in bitcoin's 30-day rolling correlation with gold and U.S. equities since June 2021. • Bitcoin's correlation with gold has topped 50%, surpassing the cryptocurrency's positive correlation with stocks. • In other words, bitcoin's immediate prospects are more closely tied to gold than stocks. • "Combined with on-chain data showing that the share of BTC long-term holders is steadily increasing, this could indicate that the attractiveness of BTC as a safe-haven asset is on the rise," Paris-based crypto data provider Kaiko said. • Bitcoin Shorts Take on 87% of Futures Liquidations as BTC Crosses $30K • AI-Focused Blockchain CryptoGPT Raises $10M Funding at $250M Valuation • Montenegro's Central Bank to Develop CBDC Pilot With Ripple... - Reddit Posts (Sample): [['u/Normal-Knowledge4857', 'What speed to move into BTC', 13, '2023-05-05 01:42', 'https://www.reddit.com/r/Bitcoin/comments/13842l3/what_speed_to_move_into_btc/', 'If hypothetically you had 500k in cash today, how would you move that into BTC? All in one go? DCA $1k a day? $10k a day?', 'https://www.reddit.com/r/Bitcoin/comments/13842l3/what_speed_to_move_into_btc/', '13842l3', [['u/ElderBlade', 22, '2023-05-05 02:03', 'https://www.reddit.com/r/Bitcoin/comments/13842l3/what_speed_to_move_into_btc/jiwfc2v/', 'My answer is the same if you had $10k or $1k. Buy with half now, and dca the rest.', '13842l3'], ['u/Jasonmun8', 14, '2023-05-05 02:39', 'https://www.reddit.com/r/Bitcoin/comments/13842l3/what_speed_to_move_into_btc/jiwjwf2/', '100k immediately then dca 50k every 2k drop', '13842l3'], ['u/Top-Dragonfruit-8199', 14, '2023-05-05 05:07', 'https://www.reddit.com/r/Bitcoin/comments/13842l3/what_speed_to_move_into_btc/jix2eo4/', 'I’d do $250k immediately. $1k every Monday auto DCA and I’d be passively watching the chart for big dips to throw $2k-$20k smash buys', '13842l3']]], ['u/thepacksvrvives', 'Season 7: everything we know so far, part 2', 50, '2023-05-05 01:46', 'https://www.reddit.com/r/Outlander/comments/13845tg/season_7_everything_we_know_so_far_part_2/', "If you’ve somehow stumbled across part 2 first, [here is part 1](https://www.reddit.com/r/Outlander/comments/13843p4/season_7_everything_we_know_so_far_part_1/).\n\nIf you haven’t read the books or don’t want to see any spoilers, do NOT read this post.\n\n# BLOCK 5\n\nBlock 5 might be exclusively in Scotland across two different storylines: Claire, Jamie, and Ian’s visit at Lallybroch with Old Ian’s death in 1778; and Roger with Buck at 1739 Lallybroch looking for Jemmy.\n\nClaire, Jamie, and Ian will head first to Simon Fraser’s funeral (Echo, chapter 75), filmed at Kinloch Rannoch. A supporting artist who was involved shared some photos in the [comments](https://i.imgur.com/ghKZf4r.jpg) under a public Facebook post.\n\n[Credit: via SurvivedTheShows, source unknown \$1-2, 6-7\$, a supporting artist \$3-5\$.](https://preview.redd.it/iiw3mckcgwxa1.jpg?width=945&format=pjpg&auto=webp&v=enabled&s=367aef36ff5ce1dafb08e2350e3bf11fcee55468)\n\nMidhope Castle underwent some changes to accommodate the 18th-century storylines; the front yard looks slightly different than in 308 but the windows and doors are the same as we’ve seen in S1-S4. \n\n[Credit: \\_simbelmyne\\_ \$1\$, stevenwilson8743 \$2-3\$, Parkhead House \$4-5\$, stevenwilson8473 \$6-8\$.](https://preview.redd.it/4fyjwujngwxa1.jpg?width=1080&format=pjpg&auto=webp&v=enabled&s=985a86c83b878d5bf85af359306a85885ed536af)\n\n[All photos from Midhope](https://imgur.com/a/vuk1jhT).\n\nThe returning cast members were announced in October and most of them filmed that month. Additionally, the rest of the Murray siblings were cast: Kitty (Emma Rafferty), Michael (Angus Miller), and Janet (Megan Daynes). We should also see Young Jamie (Conor McCarry was followed by some cast members in October) and Maggie. Layla Burns [confirmed](https://www.spotlight.com/3418-9080-6468) she was in episode 709, so that is when we are going to see Joan again (and Laoghaire).\n\nSteven Cree mentioned in an [interview with SheKnows](https://youtu.be/O1fIYabB4ak?t=5791) that he has a “nice scene with \\[Sam\\] in Season 7” and that “the location \\[they\\] filmed in was probably the most picturesque location that \\[he filmed\\] the whole time \\[he’d\\] been on Outlander.” This is most likely the walk Jamie and Ian take in Echo, chapter 81, reminiscing about their youth together and talking about Ian’s impending death.\n\nSteven also praised Kristin Atherton (new Jenny) in [another interview](https://www.express.co.uk/showbiz/tv-radio/1727112/Outlander-season-7-Ian-Murray-Steven-Cree-return-Laura-Donnelly), saying: \n\n>And actually, Kristin \\[Atherton\\], who came in and played Jenny was so fantastic and my storylines \\[previously\\] in the show were mostly with Jamie and Claire. I never really had that much stuff with Jenny. It was fine.\n\nAs for the other 18th-century storyline, filming also took place at Kinloch Rannoch, but at the hill used for Craigh na Dun, and Richard’s trailer was spotted. The stone circle was up for a few days in September.\n\n[All photos from Kinloch Rannoch](https://imgur.com/a/bTJoxap).\n\nAndrew Whipp returned as Brian Fraser, and a [supporting artist](https://www.realpeople.co.uk/221/profile) filmed as “Brian Fraser’s housekeeper.”\n\nFilming also took place in Culross, which previously stood in for Cranesmuir. Since we’re going to see Geillis again, Meerkat Cross was once again used for the village, with the building on the right used as the exterior of her house. Richard and Diarmaid were spotted filming in the village.\n\n[Credit: Suzy Taylor \$1\$, Pati Sears-Burnett \$2-5\$, Lorelle Penman \$6-9\$, cinbin\\_ \$10-11\$.](https://preview.redd.it/p7arn790hwxa1.jpg?width=1079&format=pjpg&auto=webp&v=enabled&s=1e56bca66f65f9b36669015f2fd6506d0043fa3c)\n\nThe last two photos are of Culross Palace, which was most likely used for the interiors of Laoghaire’s house, just as in S4, in Claire and Jamie’s storyline. \n\n[All photos from Culross](https://imgur.com/a/np91e80).\n\n# BLOCK 6\n\nThe filming of the exteriors took place in Canning Street, Liverpool, as well as Chester, which both stood in for Philadelphia. It received plenty of coverage in the press and on social media.\n\n[Credit: liverpool1207 \$1-4\$, Claire Brown \$5-7\$, Andrea Livesey \$8-9\$.](https://preview.redd.it/7yyq9k09hwxa1.jpg?width=1440&format=pjpg&auto=webp&v=enabled&s=00c6877c202e84cbd2f4a13acef5ad537831ccf3)\n\n[More photos from Canning Street](https://imgur.com/a/ifNYOeQ).\n\nThe building with red features was identified as a brothel by people visiting the set. Supporting artists were involved in the scenes (filmed later in the studio) as [“Brothel upper-class Johns”](https://www.realpeople.co.uk/1411/profile) and [“Brothel High class Ladies.”](https://www.realpeople.co.uk/6565/profile) \n\n[Credit: Colin Lane \$1-4\$, Billy Vitch \$5-11\$, Andy Teebay \$12\$, soobysnax35 \$13\$.](https://preview.redd.it/eipdp3yfhwxa1.jpg?width=750&format=pjpg&auto=webp&v=enabled&s=3af46b8d868e1b95279b3afbe9fc5373b5f1da76)\n\nFrom the main cast, Sam and David were [spotted](https://twitter.com/soobysnax35/status/1590423111765479424) filming the scene after Jamie “comes back from the dead” and “kidnaps” Lord John (Echo, chapter 101). Charles was also photographed on Canning Street.\n\n[Credit: soobysnax35.](https://reddit.com/link/13845tg/video/5eus7s6ohwxa1/player)\n\nNo sign of Caitríona outside but she must’ve been there as well. John [posted](https://www.instagram.com/p/CktnMutsEG6/) from Liverpool with Izzy, so Rachel and Denny must’ve been in the scenes there too. Hugh Ross later [posted](https://www.instagram.com/p/Co5P2O3Ipcu/) photos of John, Izzy, and Charles on his Instagram, presumably from when he was shooting with them in Liverpool (Arch’s death scene–Echo, chapter 100).\n\nNo sign of either Lauren or César. Lauren was filming in the Dominican Republic at the time, so this storyline could’ve been altered, or they filmed their scenes at another time/only indoors.\n\nHenry (Harry Jarvis), Mercy Woodcock (Gloria Obianyo), and Jane Pocock (Silvia Presente) should feature in these episodes. Sam Hoare also returned as Hal Grey, Duke of Pardloe.\n\nA number of supporting artists, [male](https://www.realpeople.co.uk/8696/profile) and [female](https://www.realpeople.co.uk/1615/profile), were involved in the filming of “the Ball.” There were [artists](https://www.realpeople.co.uk/8637/profile) with dance experience who filmed a “dance scene,” which the agency described as “Girls out filming at the studio, they have been rehearsing for weeks for this“ on Facebook. That shoot has to be the Meschianza, the “extravagant farewell party to honor the commanders of the Army and Navy, General Sir William Howe and Admiral Richard Howe” organized mainly by John André, in which Claire participates in Echo, chapter 98, alongside William and LJG, sometime after receiving the news of Jamie’s “death.” There was some filming done at Croxteth Hall & Country Park in Liverpool, which could be the site of the Meschianza.\n\n[Credit: Geoffrey Smith \$1-5\$, Liverpool Film Office \$6\$.](https://preview.redd.it/61gxu6grhwxa1.jpg?width=742&format=pjpg&auto=webp&v=enabled&s=1e2457bf936d16f174b0be2988bc461cd8598f86)\n\n[All photos from Croxteth](https://imgur.com/a/Ay0UydN).\n\nThere was also some filming in Chester, primarily at Chester City Walls, where a large number of supporting artists were spotted. [All photos from Chester](https://imgur.com/a/94WHalM).\n\nA number of supporting artists were listed as “[Philadelphia travelers](https://www.realpeople.co.uk/3932/profile)” and “[Quaker men/women](https://www.realpeople.co.uk/17/profile),” who also filmed in Dalmeny. \n\nA junior carpenter working on S7 [posted](https://www.instagram.com/p/Ckt23uGM0Zr/) photos of “Jamie’s cairn.” Ian builds it in MOBY, chapter 1, in the woods between Philadelphia and Valley Forge. \n\n# BLOCK 7 & 8\n\nBetween December 2022 and February 2023, there was not much in the way of spotting the filming by locals. However, [Sophie](https://imgur.com/a/Ic4jZtO) herself posted from some night shoots at Midhope Castle.\n\nCiaron Kelly also [posted](https://www.instagram.com/p/CmMvWk_KL76/) from a night shoot in December, which coincided with the OL night shoots, but it’s uncertain whether it was the same shoot. However, as mentioned above, his agency posted about his wrapping on OL in January, so it is very likely. Ernie shows up at Lallybroch during the shoot-out in MOBY, but he could also be involved in escorting Brianna and the kids back home after the tunnel rescue.\n\nThere were also scenes with “1980s Police officers” which could eith... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 by ANGELA WEISS/AFP via Getty Images) US stocks jumped on Friday as tech behemoth Apple and regional bank stocks climbed. The S&P 500 was able to close higher after four days of declines. Treasury yields soared after the US economy added 253,000 jobs in April, much more than anticipated. US stocks staged a rally Friday fronted by Apple and regional bank shares, as investors brushed aside rising bond yields sparked by an April jobs report that crushed expectations. The S&P 500 finished higher after four consecutive losses, and the Dow Jones Industrial Average piled on more than 500 points. Headlining those moves was Apple , whose shares climbed on a dividend increase , a $90 billion share-buyback plan, and rising iPhone sales that helped the company beat quarterly earnings expectations. Apple is the most heavily weighted stock on the S&P 500. Here\'s where US indexes stood at the 4:00 p.m. closing bell on Friday: S&P 500 : 4,136.37, up 1.85% Dow Jones Industrial Average : 33,674.31, up 1.65% (546.57 points) Nasdaq Composite : 12,235.41, up 2.25% Equities also found strength from a jump in regional bank shares, including PacWest and Western Alliance after sharp selloffs during the week. One bank industry group asked the Securities and Exchange Commission to stop short-seller attacks on their stocks driven by social-media speculation. Stocks powered through a surge in Treasury yields. Yields ran up as the bond market sold off following the stronger-than-expected US jobs report for April. Investors were tempering expectations for the Fed to start cutting interest rates sooner than later in 2023. The 2-year note yield , reflecting expectations for Fed moves, climbed nearly 20 basis points to 3.91%. Nonfarm payroll employment of 253,000 trounced the 180,000 estimate. The unemployment rate fell to 3.4%. "The April jobs report is indisputably hawkish and puts the focus back on the Fed – especially if inflation data also beat next week. But the big revisions to the prior readings suggest the jobs market is perhaps not as strong as the latest data makes it out to be," Fawad Razaqzada, market analyst at City Index, wrote in a Friday note. While stocks rose Friday, Wall Street\'s major indexes still fell on a weekly basis. Here\'s what else is happening today: Short sellers brought in $400 million in a single day from the selloff in regional banks. Biggest banks will reportedly pay to refill the FDIC\'s deposit insurance fund. The dollar\'s slump will continue as the Fed prepares to pause rate hikes, UBS said. The Fed just brought in its final interest-rate hike , said billionaire bond investor Jeff Gundlach. De-dollarization fears are overblown , but rising debt is among top threats to the greenback, Bank of America says. Story continues In commodities, bonds, and crypto: West Texas Intermediate crude climbed 4% to $71.45 per barrel. Brent crude, the international benchmark, rose 3.7% to $73.78. Gold fell 1.5% to $2,025.60 per ounce. The 10-year Treasury yield rose 8 basis points to 3.43%. Bitcoin picked up 2.2% to $29,483.50. Read the original article on Business Insider View comments', '• US stocks jumped on Friday as tech behemoth Apple and regional bank stocks climbed.\n• The S&P 500 was able to close higher after four days of declines.\n• Treasury yields soared after the US economy added 253,000 jobs in April, much more than anticipated.\nUS stocks staged a rally Friday fronted byAppleand regional bank shares, as investors brushed aside rising bond yields sparked by an April jobs report that crushed expectations.\nThe S&P 500 finished higher after four consecutive losses, and the Dow Jones Industrial Average piled on more than 500 points. Headlining those moves wasApple, whose shares climbed on adividend increase, a $90 billion share-buyback plan, and rising iPhone sales that helped the company beat quarterly earnings expectations. Apple is the most heavily weighted stock on the S&P 500.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500:4,136.37, up 1.85%\n• Dow Jones Industrial Average:33,674.31, up 1.65% (546.57 points)\n• Nasdaq Composite:12,235.41, up 2.25%\nEquities also found strength from a jump in regional bank shares, includingPacWestandWestern Allianceafter sharp selloffs during the week. One bank industry group asked the Securities and Exchange Commission tostop short-seller attackson their stocks driven by social-media speculation.\nStocks powered through a surge in Treasury yields. Yields ran up as the bond market sold off following the stronger-than-expectedUS jobs reportfor April. Investors were tempering expectations for the Fed to start cutting interest rates sooner than later in 2023. The2-year note yield, reflecting expectations for Fed moves, climbed nearly 20 basis points to 3.91%.\nNonfarm payroll employment of 253,000 trounced the 180,000 estimate. The unemployment rate fell to 3.4%.\n"The April jobs report is indisputably hawkish and puts the focus back on the Fed – especially if inflation data also beat next week. But the big revisions to the prior readings suggest the jobs market is perhaps not as strong as the latest data makes it out to be," Fawad Razaqzada, market analyst at City Index, wrote in a Friday note.\nWhile stocks rose Friday, Wall Street\'s major indexes still fell on a weekly basis.\nHere\'s what else is happening today:\n• Short sellers brought in $400 millionin a single day from the selloff in regional banks.\n• Biggest banks will reportedly pay torefill the FDIC\'s deposit insurance fund.\n• Thedollar\'s slumpwill continue as the Fed prepares to pause rate hikes, UBS said.\n• The Fed just brought in its final interest-rate hike, said billionaire bond investor Jeff Gundlach.\n• De-dollarization fears are overblown, but rising debt is among top threats to the greenback, Bank of America says.\nIn commodities, bonds, and crypto:\n• West Texas Intermediate crudeclimbed 4% to $71.45 per barrel.Brent crude,the international benchmark, rose 3.7% to $73.78.\n• Goldfell 1.5% to $2,025.60 per ounce.\n• The10-year Treasury yieldrose 8 basis points to 3.43%.\n• Bitcoinpicked up 2.2% to $29,483.50.\nRead the original article onBusiness Insider', 'BillBitcoins joins the ranks of fintech elites, named a top crypto payment processor by a leading global tech research firm, cementing its global standing. PALO ALTO, Calif. , May 6, 2023 /PRNewswire-PRWeb/ -- BillBitcoins made headlines by making it into the list of top crypto payment gateways worldwide. The crypto payment processor has been recognized in an international listing of top crypto payment processors by the renowned tech research firm, TechResearcho . Rising Global Crypto Adoption: Cryptocurrencies are widely adopted across the world today. Several businesses are building crypto payment gateways to accept cryptocurrencies as payments. Reports indicate the crypto payment gateway market is growing at a CAGR of 16.8%, and it is expected to reach $ 4.12 billion by 2029. 60% of the top companies in the world are already accepting and using at least one digital asset for cross-border transactions. The global crypto economy is worth $1.1 trillion enabling businesses to adopt the crypto payment gateways and make profits. Billbitcoins , developed by HashCash Consultants , is a popular crypto payment processor for merchants to accept Bitcoin and other cryptocurrency payments securely. With three package options, the payment gateway caters to the needs of different businesses. The firm\'s CEO Raj Chowdhury , also a and blockchain pioneer, asserts, "At Billbitcoins, we strive to provide our clients with a seamless and secure payment experience, while also contributing to the growth and mainstream adoption of cryptocurrencies." Features of BillBitcoins: Additionally, it provides unlimited transactions, report generation, and personal tech support. The major e-commerce platforms or any SMBs can integrate the API ensuring seamless integration. With cutting-edge security features and compliance with major regulatory frameworks worldwide, Billbitcoins is a reliable crypto payment processor. As payment processors upgrade their systems to enable cryptocurrency transactions, businesses must adapt and provide customers with more payment options. Transaction volumes will continue to grow as consumers embrace making payments via cryptocurrencies. While traditional financial institutions may soon have to follow the same. Story continues About BillBitcoins: BillBitcoins, a product of HashCash Consultants is one of the leading crypto payment gateways operating worldwide. The platform is managed by a team of experts and has experience in banking solutions, and blockchain technology. For starters, the platform offers $100 daily free transactions, and up to $1000 after completion of background verifications. BillBitcoin also offers a white-label Bitcoin payment gateway for businesses worldwide. Media Contact Coleen Facete, Hashcash Digest, +14159662907, [email protected] SOURCE Hashcash Digest', 'BillBitcoins joins the ranks of fintech elites, named a top crypto payment processor by a leading global tech research firm, cementing its global standing. PALO ALTO, Calif. , May 6, 2023 /PRNewswire-PRWeb/ -- BillBitcoins made headlines by making it into the list of top crypto payment gateways worldwide. The crypto payment processor has been recognized in an international listing of top crypto payment processors by the renowned tech research firm, TechResearcho . Rising Global Crypto Adoption: Cryptocurrencies are widely adopted across the world today. Several businesses are building crypto payment gateways to accept cryptocurrencies as payments. Reports indicate the crypto payment gateway market is growing at a CAGR of 16.8%, and it is expected to reach $ 4.12 billion by 2029. 60% of the top companies in the world are already accepting and using at least one digital asset for cross-border transactions. The global Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-06 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $572,782,776,425 - Hash Rate: 355568840.1119249 - Transaction Count: 601134.0 - Unique Addresses: 619770.0 Social & AI Sentiment: - Fear & Greed Index: 0.60 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Actions taken by UK banks to restrict customer access to crypto are “not in the spirit of consumer protection,” Circle’s European policy lead said at an event last week. Amidconcernsthat crypto firms are facing difficulties accessing banking services in the UK, Teana Baker-Taylor said individual customers were also being affected. “One thing I think that is pretty clear is the UK banks are now actively unbanking people, not just companies,” Baker-Taylor said during a panel discussion at Citi's Digital Asset Symposium. “It's not about just refusing to give bank accounts to companies,” she said, claiming that banks were unbanking individuals because of their decision to buy “crypto assets that are perfectly legal.” “Then your bank turns you off,” she said. “That, to me, feels very, very wrong, and not in the spirit of consumer protection. It feels very patriarchal.” While there is no evidence of a UK bank shuttering a customer’s account altogether on account of crypto usage, there are several recorded instances of usersfacing temporary freezeson their accounts when trying to buy crypto. Banks havepublicly detailed their policies, which include limits on how much can be transferred at once, and even blanket bans on transfers into crypto. In February, Alison Rose, the chief executive of one of Britain’s so-called ‘big four’ banks, NatWest Group, told politicians the bank had taken a “hard line” on cryptocurrencies. “We're blocking retail and wealth customers from transferring into crypto assets because of the volatility and the stability of the platform,” she said at a meeting of Parliament’s Treasury Select Committee. UK Crypto Crackdown: Which British Banks Allow You to Buy Bitcoin? Santander, a Spanish bank with a major presence in the UK, last yearlimited transactionsto crypto exchanges to just £1,000 ($1,234), while Nationwide put in a£5,000 limiton card payments to crypto assets last month. NatWest soonfollowed suit, introducing restrictions of £1,000 a day and £5,000 over a 30-day period. The situation prompted Su Carpenter, director of Operations for industry body CryptoUK (where Baker-Taylor serves as anon-executive director), towrite to the Treasury in March, warning that without action the banking industry’s cautious approach could undermine the UK government’s crypto ambitions. Banks generally cite the risk of fraud in their policies limiting how customers can use crypto, but Baker-Taylor argued that “all of those things happen equally in the traditional finance ecosystem.” Circle has had its own troubles with the world of traditional finance. ItsUSDCstablecoin briefly broke its peg to the U.S. dollar last month after it revealed that$3.3 billion of its reserveswere stuck at the failed Silicon Valley Bank. “It’s somewhat ironic that there has been a lot of talk of protecting the banking system from crypto, here we are in a situation where we are trying to protect a digital dollar from the banking system,” Circle’s CEO Jeremy Allairesaidin aCNBCappearance in the days following the crisis.... - 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) -- Nineteen months after China banned crypto, more signs have emerged that its citizens continue to buy and sell digital assets. Most Read from Bloomberg Hedge Funds Drive Credit Suisse CDS Higher on Bets of a Payout Steve Schwarzman Holds Off Giving Money to DeSantis After Meeting Him Abu Dhabi Royal\x92s Firm Shorts US Stocks on Global Recession Fears Jamie Dimon Says US Needs to 'Finish' the Bank Crisis Family Builds $900 Million Brazil Farming Empire After 935% Gain These glimpses of their trading activity support suspicions that some of China\x92s 1.4 billion people flout the prohibition Beijing imposed in September 2021 as they hunt for alternatives to investments like property and stocks. A shadowy role for Chinese demand adds to the difficulty of parsing the outlook for digital-asset markets, which have partially revived this year from a 2022 crash pockmarked with bankruptcies like that of the FTX crypto exchange. There is even speculation the ban on the mainland could be loosened \x97 though there are no indications of that happening \x97 after Hong Kong pivoted to a pro-crypto stance to woo investment, a step that won quiet backing from Beijing. The evidence of ongoing Chinese appetite for tokens comes from varied sources, including FTX\x92s creditor profile, citizens who said they used crypto platforms and depictions by industry insiders of workarounds to Beijing\x92s ban. Hard to \x91Eliminate\x92 \x93Essentially, bans don\x92t work,\x94 said Caroline Malcolm, global head of public policy at Chainalysis, which specializes in tracking digital-asset transactions. \x93The decentralized nature of cryptocurrencies and the fact that they can be transferred peer-to-peer and traded on global exchanges make it difficult for any government to completely eliminate them.\x94 US bankruptcy filings for FTX, which collapsed in November last year, show Chinese users accounted for 8% of the exchange\x92s customers. FTX advisers have tallied more than 9 million customer accounts overall, while claims from creditors amount to at least $11.6 billion. Story continues Jack Ding, a partner with crypto regulations specialist Duan & Duan Law Firm, said he represents six Chinese creditors with a combined $10 million of FTX claims. They are part of a committee for foreign FTX customers, he said. Theoretically, crypto trading is outlawed for Chinese at home and abroad but it\x92s \x93hard to enforce,\x94 Ding said. Often it\x92s about compliance systems at exchanges and whether they\x92ll filter out Chinese passport holders, he added. Beijing cracked down on digital assets over concerns about money laundering, currency outflows and the environmental impact of Bitcoin mining. The likes of the Binance, OKX and FTX exchanges had tapped risk-loving investors in China, once the world\x92s biggest market for Bitcoin trading, to boost growth. Compliance Challenge Crypto platforms now try to block Chinese Internet Protocol addresses but virtual private networks can defeat such attempts by masking locations. Interviews with Chinese investors point to the compliance challenge. Four said they had traded on the Binance digital-asset platform, and a fifth said he\x92d also used OKX, after Beijing\x92s prohibition. Binance is the largest crypto exchange while OKX ranks at No. 2, CoinGecko data on 24-hour volumes show. The five spoke in part out of frustration over current or earlier suspensions of their accounts. Four said they lived in mainland China and had passed know-your-customer procedures using Chinese identification. OKX declined to comment on the issue. A spokesperson for Binance said the company doesn\x92t operate in mainland China or have any technology, including servers or data, based there. \x91Great Firewall\x92 \x93Following the September 2021 ban, the Binance platform, including the website and mobile application, has been blocked behind the Great Firewall,\x94 the Binance spokesperson said, referring to the system China uses to sever its internet from the rest of the world. A sixth Chinese investor, David Jin, said he lives in Silicon Valley and has had $8 million of crypto frozen on Binance since July at the behest of police in central Chongqing city in China. The police were probing tokens allegedly linked to illegal online casinos, Jin added, while denying involvement. A Chongqing police officer surnamed Mu, who\x92s in charge of the case, didn\x92t respond to numerous requests for comment. The Binance spokesperson said that the company has a policy of cooperating with lawful information requests and legal inquiries from authorities pertaining to investigations, prosecutions, forfeiture actions and suspicious activities. Binance reserves the right to reject law enforcement requests that fail legal scrutiny, don\x92t serve a legal purpose or where the investigative approach is flawed, the spokesperson added. Turning Dominican In March, Bloomberg News reported that another major crypto exchange, Huobi Global, was giving Chinese users the option of applying for a \x93digital identity\x94 with the tiny island nation of Dominica. Once on-boarded, their app profile shows them as Dominican citizens, according to people familiar with the matter, who asked not be identified discussing sensitive matters. Huobi has said that it doesn\x92t operate in China and that Chinese Internet Protocol addresses are \x93strictly prohibited\x94 from accessing the platform, and that new customers are \x93from anywhere but China.\x94 \x93Huobi has exited the Chinese market and barred Chinese users from signing up or logging in,\x94 the company has said. The People\x92s Bank of China, which announced the digital-asset ban in September 2021 when it said all crypto-related transactions are illegal, didn\x92t immediately respond to request for a comment on the signs that Chinese citizens continue to trade virtual assets. Since the prohibition, Chinese regulators haven\x92t announced sanctions on any offshore exchange for signing up mainland users. Malcolm from Chainalysis said the ban has either been ineffective or loosely enforced. The average monthly value of crypto flowing to China did roughly halve in 2022 from a year earlier but still remained sizable at $17 billion, the firm estimates. If somehow the crypto sector was legalized in China in the future, \x93it would likely lead to a surge in demand for cryptocurrencies,\x94 Malcolm said. --With assistance from Sidhartha Shukla and Yujing Liu. Most Read from Bloomberg Businessweek The Plot to Steal the Other Secret Inside a Can of Coca-Cola AI Drug Discovery Is a $50 Billion Opportunity for Big Pharma US Airlines Are Sitting Out China\x92s Reopening \x91Nearshoring\x92 Push Is Fueling Tech Job Demand in Latin America Webtoons Are South Korea\x92s Latest Viral Cultural Export ©2023 Bloomberg L.P.", "(Bloomberg) -- Nineteen months after China banned crypto, more signs have emerged that its citizens continue to buy and sell digital assets.\nMost Read from Bloomberg\n• Hedge Funds Drive Credit Suisse CDS Higher on Bets of a Payout\n• Steve Schwarzman Holds Off Giving Money to DeSantis After Meeting Him\n• Abu Dhabi Royal’s Firm Shorts US Stocks on Global Recession Fears\n• Jamie Dimon Says US Needs to 'Finish' the Bank Crisis\n• Family Builds $900 Million Brazil Farming Empire After 935% Gain\nThese glimpses of their trading activity support suspicions that some of China’s 1.4 billion people flout the prohibition Beijing imposed in September 2021 as they hunt for alternatives to investments like property and stocks.\nA shadowy role for Chinese demand adds to the difficulty of parsing the outlook for digital-asset markets, which have partially revived this year from a 2022 crash pockmarked with bankruptcies like that of the FTX crypto exchange.\nThere is even speculation the ban on the mainland could be loosened — though there are no indications of that happening — after Hong Kong pivoted to a pro-crypto stance to woo investment, a step that won quiet backing from Beijing.\nThe evidence of ongoing Chinese appetite for tokens comes from varied sources, including FTX’s creditor profile, citizens who said they used crypto platforms and depictions by industry insiders of workarounds to Beijing’s ban.\nHard to ‘Eliminate’\n“Essentially, bans don’t work,” said Caroline Malcolm, global head of public policy at Chainalysis, which specializes in tracking digital-asset transactions. “The decentralized nature of cryptocurrencies and the fact that they can be transferred peer-to-peer and traded on global exchanges make it difficult for any government to completely eliminate them.”\nUS bankruptcy filings for FTX, which collapsed in November last year, show Chinese users accounted for 8% of the exchange’s customers. FTX advisers have tallied more than 9 million customer accounts overall, while claims from creditors amount to at least $11.6 billion.\nJack Ding, a partner with crypto regulations specialist Duan & Duan Law Firm, said he represents six Chinese creditors with a combined $10 million of FTX claims. They are part of a committee for foreign FTX customers, he said.\nTheoretically, crypto trading is outlawed for Chinese at home and abroad but it’s “hard to enforce,” Ding said. Often it’s about compliance systems at exchanges and whether they’ll filter out Chinese passport holders, he added.\nBeijing cracked down on digital assets over concerns about money laundering, currency outflows and the environmental impact of Bitcoin mining. The likes of the Binance, OKX and FTX exchanges had tapped risk-loving investors in China, once the world’s biggest market for Bitcoin trading, to boost growth.\nCompliance Challenge\nCrypto platforms now try to block Chinese Internet Protocol addresses but virtual private networks can defeat such attempts by masking locations.\nInterviews with Chinese investors point to the compliance challenge. Four said they had traded on the Binance digital-asset platform, and 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: 2023-05-07 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $560,142,702,562 - Hash Rate: 331705159.5675005 - Transaction Count: 607883.0 - Unique Addresses: 482095.0 Social & AI Sentiment: - Fear & Greed Index: 0.64 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Machines Expected to be Electrified and Mining by the End of March 2023 TAMPA, Fla. , March 13, 2023 /PRNewswire/ -- LM Funding America, Inc. (NASDAQ: LMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, today announced that the Company has signed a new contract to host 500 of its bitcoin mining machines with Aspen Creek Digital Corporation aka Longbow HostCo, LLC all of which are expected to be electrified and mining by the end of March 2023 . (PRNewsfoto/LM Funding America) Bruce M. Rodgers , Chairman, and CEO of LM Funding commented, "We are happy to announce that we have signed a new contract to host 500 bitcoin mining machines that will use a mixture of behind-the-meter solar and grid electricity. We expect to have all of these machines fully electrified and operational by the end of March, providing LM Funding with a capacity of approximately 370 petahash. We look forward to bringing additional machines online in the coming quarters, thereby providing the Company with additional bitcoin mining capacity." About LM Funding America LM Funding America, Inc., (Nasdaq: LMFA) together with its subsidiaries, is a cryptocurrency mining business that commenced Bitcoin mining operations in September 2022 . The Company also operates a technology-based specialty finance company that provides funding to nonprofit community associations (Associations) primarily located in the state of Florida , as well as in the states of Washington , Colorado , and Illinois , by funding a certain portion of the Associations' rights to delinquent accounts that are selected by the Associations arising from unpaid Association assessments. Forward-Looking Statements This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "intend," "plan," and "project" and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guaranties of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the company's most recent Annual Report on Form 10-K and its other filings with the SEC, which are available at www.sec.gov . These risks and uncertainties include, without limitation, uncertainty created by the COVID-19 pandemic, the risks of entering into and operating in the cryptocurrency mining business, the capacity of our bitcoin mining machines and our related ability to purchase power at reasonable prices, t he ability to finance our planned cryptocurrency mining operations, our ability to acquire new accounts in our specialty finance business at appropriate prices, the need for capital, our ability to hire and retain new employees, changes in governmental regulations that affect our ability to collect sufficient amounts on defaulted consumer receivables, changes in the credit or capital markets, changes in interest rates, and negative press regarding the debt collection industry. The occurrence of any of these risks and uncertainties could have a material adverse effect on our business, financial condition, and results of operations. Story continues Contact: Crescendo Communications, LLC Tel: (212) 671-1021 Email: [email protected] Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/lm-funding-america-inc-signs-contract-to-host-500-bitcoin-mining-machines-301769090.html SOURCE LM Funding America... - 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:\nPrices:Bitcoin and ether fell slightly on Sunday, although there\'s potential for a market-wide rally and significant price movement, an analyst says. Meme coin mania has been fueling dramatic shifts in market sentiment.\nInsights:Challenges from network congestion due to the Ordinals surge are offset by increased mining incentives, network security and available Layer-2 and sidechain solutions.\nBitcoin Has a Boring Weekend, Despite Binance’s Temporary Withdrawal Pause\nCoinDesk Market Index (CMI)\n1,228\n−0.4▼0.0%\nBitcoin (BTC)\n$28,593\n−327.2▼1.1%\nEthereum (ETH)\n$1,893\n−8.2▼0.4%\nS&P 500\n4,136.25\n+75.0▲1.8%\nGold\n$2,024\n+6.3▲0.3%\nNikkei 225\n29,157.95\n+34.8▲0.1%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,228", "\\u22120.4\\u25bc0.0%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$28,593", "\\u2212327.2\\u25bc1.1%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,893", "\\u22128.2\\u25bc0.4%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,136.25", "+75.0\\u25b21.8%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$2,024", "+6.3\\u25b20.3%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["29,157.95", "+34.8\\u25b20.1%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nGood morning Asia. As the East begins its trading week, bitcoin and ether were both recently down a few fractions of a percentage point. Bitcoin was off 0.34% to $28,787, while Ether fell 0.4% to $1,913.\nBitBull Capital CEO Joe DiPasquale points to meme coins as a reason for a pump in market sentiment but fairly flat activity for the crypto majors.\n“The market hasn’t moved strongly this week, but the market sentiment has been on a rollercoaster with meme coin mania at peak,” DiPasquale wrote to CoinDesk in a note. “WithPEPE and other meme coinsposting high five-figure percentage gains, we wouldn’t be surprised if a market-wide rally materializes in the near term.”\nDiPasquale notes that bitcoin still hasn’t tested support levels on the downside, and that Bollinger Bands continue to tighten. This means that the gap between the upper and lower bands is narrowing, indicating a decrease in market volatility. This typically suggests that a significant price movement might be on the horizon, as periods of low volatility often precede larger market trends.\n“Moving forward, we’d expect a strong bounce off $25K to continue another leg above $30K,” DiPasquale concluded.\n[{"Asset": "Cosmos", "Ticker": "ATOM", "Returns": "+1.0%", "DACS Sector": "Smart Contract Platform"}]\n[{"Asset": "XRP", "Ticker": "XRP", "Returns": "\\u22122.6%", "DACS Sector": "Currency"}, {"Asset": "Terra", "Ticker": "LUNA", "Returns": "\\u22122.2%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Decentraland", "Ticker": "MANA", "Returns": "\\u22121.9%", "DACS Sector": "Entertainment"}]\nBitcoin Maximalists Find Ordinals Annoying, but They Are a Needed Revenue Source for Miners\nThe Bitcoin community is at acrossroads right now.\nOn the one hand, some of the largest miners are eitherworking through bankruptcyproceedings,getting bailouts, or arerestructuring debt– all of this a hangover from a brutal, bearish 2022. At the same time, many in the bitcoin communityare decrying the congested, expensive state of the bitcoin network caused by thesurge in the popularityof the NFT-like Ordinal inscriptions. Binance’stemporary pauseof bitcoin withdrawals on Sunday was proof that there’s a problem brewing.\nFor the uninitiated, Ordinal Inscriptions, akin to NFTs, are digital assets inscribed on satoshis (the smallest currency unit of bitcoin) enabled by the Taproot upgrade, allowing for smart contracts and the minting of NFTs directly onto the Bitcoin blockchain.\nThe scale of ordinals’ growth has been immense (though many of them are just text).Earlier this month, the number of ordinals surpassed three million, andnow that number is just over four million.\nIn the long run, however, cash-strapped miners are going to be a big beneficiary of this newfound interest in the bitcoin blockchain.\nAccording todata compiledby the user dgtl_assets on Dune, ordinal inscriptions are now producing daily fees just north of $2.7 million, with the total fees coming in at around $14 million.\nIn an April note,Grayscale arguedthat the surge in fees from ordinals is useful for incentivizing mining and thus, securing the network.\n“While some are critical of ordinals, cautioning against bloating the blockchain or harming fungibility, we believe that ordinals represent one of the larger opportunities for Bitcoin adoption, especially as the Bitcoin network has historically been viewed as a rigid blockchain ecosystem,” Grayscale wrote. “The advent of ordinals has led to an increase in total fees paid to miners, which could potentially establish a sustainable baseline level of transaction fees to incentivize miners.”\nGrayscale and CoinDesk share the same parent company in Digital Currency Group.\nWhen balancing network security versus a new channel of mining incentives versus the annoyance of congestion, which one wins? Probably the new incentives channel.\nRealistically, this could do a lot to help plug holes in miners’ balance sheets. Sure, bailouts could also be a solution, but that would centralize mining around stakeholders likeBinanceand Galaxy Digital.\nAnd for those complaining, there are plenty of solutions readily available, like Layer-2s or sidechains such as the Lightning Network or Liquid.\nBitcoiners should celebrate ordinals and be glad that the market is signaling they are here to stay.\n3:30 a.m. HKT/SGT(19:30 UTC)Japan Overall Household Spending (YoY/March)\n5:30 a.m. HKT/SGT(21:30 UTC)Australia Retail Sales (QoQ/Q1)\n7:00 a.m. HKT/SGT(23:00 UTC)China Trade Balance\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nBitcoin Hovers Around $29K After April Jobs Report; Are CBDCs Becoming a Presidential Election Issue?\nThe U.S. added 253,000 jobs in April, up from a downwardly revised 165,000 in March and ahead of economist forecasts for 180,000, according to a Bureau of Labor Statistics report. Separately, CoinDesk\'s Executive Director of Global Content, Emily Parker, explained why central bank digital currencies could become a topic in the U.S. presidential election. Mysten Labs CEO Evan Cheng and Chase White from Compass Point Research also joined the conversation.\nPepecoin’s Bewildering Rise Turned a Pittance Into an Almost 5,000,000% Meme Coin Profit:A pseudonymous crypto trader bought trillions of the meme coin three weeks ago on UniSwap for $263, and still holds about $9 million of PEPE after selling several million dollars worth, according to data from blockchain platform Arkham.\nPump the BRCs: The Promise and Peril of Bitcoin-backed Tokens:A new way of issuing tokens on Bitcoin is growing fast. So why did their creator warn that they “will be worthless?"\nAlibaba Says ‘Open Sesame’ to Web3:The Chinese tech giant is releasing a metaverse launchpad. Plus, Sports Illustrated announces an NFT ticketing platform.\nCoinbase Jumps 17% Post-Earnings; Analysts Praise Results but Worry About Regulatory Uncertainty:The crypto exchange’s first quarter revenue of $773 million was up 23% from the previous three months and blew past estimates for just $655 million.\nNFT Lending Platform Blend Sparks Concerns Over Ecosystem Liquidity:Blend, the name of NFT marketplace Blur’s new lending platform, allows traders to lease NFTs to bolster liquidity. However, concerns have been raised about its impact on broader NFT markets.', 'Good morning. Here’s what’s happening: Prices: Bitcoin and ether fell slightly on Sunday, although there\'s potential for a market-wide rally and significant price movement, an analyst says. Meme coin mania has been fueling dramatic shifts in market sentiment. Insights: Challenges from network congestion due to the Ordinals surge are offset by increased mining incentives, network security and available Layer-2 and sidechain solutions. Prices Bitcoin Has a Boring Weekend, Despite Binance’s Temporary Withdrawal Pause CoinDesk Market Index (CMI) 1,228 −0.4 ▼ 0.0% Bitcoin (BTC) $28,593 −327.2 ▼ 1.1% Ethereum (ETH) $1,893 −8.2 ▼ 0.4% S&P 500 4,136.25 +75.0 ▲ 1.8% Gold $2,024 +6.3 ▲ 0.3% Nikkei 225 29,157.95 +34.8 ▲ 0.1% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,228 −0.4 ▼ 0.0% Bitcoin (BTC) $28,593 −327.2 ▼ 1.1% Ethereum (ETH) $1,893 −8.2 ▼ 0.4% S&P 500 4,136.25 +75.0 ▲ 1.8% Gold $2,024 +6.3 ▲ 0.3% Nikkei 225 29,157.95 +34.8 ▲ 0.1% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Good morning Asia. As the East begins its trading week, bitcoin and ether were both recently down a few fractions of a percentage point. Bitcoin was off 0.34% to $28,787, while Ether fell 0.4% to $1,913. BitBull Capital CEO Joe DiPasquale points to meme coins as a reason for a pump in market sentiment but fairly flat activity for the crypto majors. “The market hasn’t moved strongly this week, but the market sentiment has been on a rollercoaster with meme coin mania at peak,” DiPasquale wrote to CoinDesk in a note. “With PEPE and other meme coins posting high five-figure percentage gains, we wouldn’t be surprised if a market-wide rally materializes in the near term.” DiPasquale notes that bitcoin still hasn’t tested support levels on the downside, and that Bollinger Bands continue to tighten. This means that the gap between the upper and lower bands is narrowing, indicating a decrease in market volatility. This typically suggests that a significant price movement might be on the horizon, as periods of low volatility often precede larger market trends. Story continues “Moving forward, we’d expect a strong bounce off $25K to continue another leg above $30K,” DiPasquale concluded. Biggest Gainers Asset Ticker Returns DACS Sector Cosmos ATOM +1.0% 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: 2023-05-08 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $539,751,464,050 - Hash Rate: 326932423.4586156 - Transaction Count: 575051.0 - Unique Addresses: 552358.0 Social & AI Sentiment: - Fear & Greed Index: 0.60 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: • US stocks erased earlier gains to close lowers despite cooler-than-expected March inflation data. • The consumer price index increased 0.1% last month compared to estimates of 0.2%. • The Fed expects the economy to slip into a recession later this year, meeting minutes show. US stocks declined on Wednesday as investors assess concerns over a coming recession. Meeting minutes releasedby the Federal Reserve said policymakers anticipate banking sector turmoil to send the economy into a downturn later this year. Equities erased earlier gains in the session, which were spurred by a cooler-than-expected March inflation report. "Reflecting the effects of less projected tightness in product and labor markets, core inflation was forecast to slow sharply next year," FOMC minutes said. The consumer price index increased 0.1% month-over-month in March compared to analysts' estimates of 0.2%, and was up 5% from a year ago Excluding food and energy prices, the closely watched core CPI increased 5.6% on an yearly basis compared to 5.5% in February. Inflation levels remains elevated as the US central bank tries to wrangle it down to its 2% target. Fed fund futures are showing odds favor a 25 basis-point rate hike in May and for the Fed to begin cutting interest rates in July. Here's where US indexes stood shortly after the 4:00 p.m. ET close on Wednesday: • S&P 500:4,091.95, down 0.41% • Dow Jones Industrial Average:33,646.50, down 0.11% (38.29 points) • Nasdaq Composite:11,929.34, down 0.85% Here's what else is happening this morning: • IIF chief warns that the largestthreat to the banking sectoris the central banks' monetary tightening campaigns and geopolitical woes. • Berkshire Hathaway chairman Warren Buffett saysbitcoin is a "gambling token"with zero value. • Surging interest rates and banking concerns pose significant risks to lending, according to Bill Gross and Jeffrey Gundlach, who both predicta credit crunch. • Here are few signals that have to flash in order for stocks to enter a sustainable bull market, according toFairlead Strategies'Katie Stockton. • Economist David Rosenberg breaks down why another central bank interest rate hikeswill be a mistake. In commodities, bonds and crypto: • West Texas Intermediate crudeoil rose 2% to $83.23 per barrel.Brent crude, oil's international benchmark, jumped 1.9% to $87.25. • Goldrose 0.5% to $2,028.70 per ounce. • The yield on the 10-year Treasury was flat at 3.40%. • Bitcoin rose slightly to $30,216.03, while ether fell 1.33% to $1,892. 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: ['The world’s biggest cryptocurrency exchange today moved around billions of dollars of its own Bitcoin—leading some to think that it was withdrawing gargantuan amounts of crypto.\nBinance moved over $5 billion in the biggest cryptocurrency since yesterday, representing nearly 30% of the exchange’s net BTC reserve balance.\nData from Coinglassshowedthat over 183,080 BTC flowed out of the exchange in 24 hours, prompting some experts to comment on the “unusual” movements—and spooking others.\nThe movements came just after Binancetemporarily pausedBTC withdrawals on its platform.But Binance later said that the transfers were nothing to worry about.\nBinance Pauses Bitcoin Withdrawals, Blames Network Congestion\n“We’re aware that some data are showing a large volume of outflows from Binance,” the exchange said on Twitter. “This ‘outflow’ [sic] are actually movements between Binance hot and cold wallets due to the BTC address adjustments.”\nA Binance spokesperson toldDecryptthat the movements were not reason for concern, pointing to a tweet from CryptoQuant head of research Julio Moreno, who said the movements were down to “newly created change addresses” owned by the exchange.\nAs the world’s biggest digital asset exchange, users keep an eye on large Binance transactions. Such movements can often be interpreted as signals of investor confidence in the company—or the lack thereof.\nBillions of dollars in cryptoflowed outof Binance in December in a 24-hour period, for example, leading some to speculate on whether its reserves were secure. Binance CEO Changpeng ‘CZ’ Zhao said at the time that the withdrawals were “business as usual.”\nAnd billions flowed out of the exchange last month after the Commodity Futures Trading Commission (CFTC)hitthe exchange with a lawsuit for allegedly violating trading and derivatives rules.\nCZshrugged offthe withdrawals on Twitter as “small.”', 'The world’s biggest cryptocurrency exchange today moved around billions of dollars of its own Bitcoin—leading some to think that it was withdrawing gargantuan amounts of crypto.\nBinance moved over $5 billion in the biggest cryptocurrency since yesterday, representing nearly 30% of the exchange’s net BTC reserve balance.\nData from Coinglassshowedthat over 183,080 BTC flowed out of the exchange in 24 hours, prompting some experts to comment on the “unusual” movements—and spooking others.\nThe movements came just after Binancetemporarily pausedBTC withdrawals on its platform.But Binance later said that the transfers were nothing to worry about.\nBinance Pauses Bitcoin Withdrawals, Blames Network Congestion\n“We’re aware that some data are showing a large volume of outflows from Binance,” the exchange said on Twitter. “This ‘outflow’ [sic] are actually movements between Binance hot and cold wallets due to the BTC address adjustments.”\nA Binance spokesperson toldDecryptthat the movements were not reason for concern, pointing to a tweet from CryptoQuant head of research Julio Moreno, who said the movements were down to “newly created change addresses” owned by the exchange.\nAs the world’s biggest digital asset exchange, users keep an eye on large Binance transactions. Such movements can often be interpreted as signals of investor confidence in the company—or the lack thereof.\nBillions of dollars in cryptoflowed outof Binance in December in a 24-hour period, for example, leading some to speculate on whether its reserves were secure. Binance CEO Changpeng ‘CZ’ Zhao said at the time that the withdrawals were “business as usual.”\nAnd billions flowed out of the exchange last month after the Commodity Futures Trading Commission (CFTC)hitthe exchange with a lawsuit for allegedly violating trading and derivatives rules.\nCZshrugged offthe withdrawals on Twitter as “small.”', 'The world\x92s biggest cryptocurrency exchange today moved around billions of dollars of its own Bitcoin\x97leading some to think that it was withdrawing gargantuan amounts of crypto. Binance moved over $5 billion in the biggest cryptocurrency since yesterday, representing nearly 30% of the exchange\x92s net BTC reserve balance. Data from Coinglass showed that over 183,080 BTC flowed out of the exchange in 24 hours, prompting some experts to comment on the \x93unusual\x94 movements\x97and spooking others. The movements came just after Binance temporarily paused BTC withdrawals on its platform. But Binance later said that the transfers were nothing to worry about. Binance Pauses Bitcoin Withdrawals, Blames Network Congestion \x93We\x92re aware that some data are showing a large volume of outflows from Binance,\x94 the exchange said on Twitter. \x93This \x91outflow\x92 [sic] are actually movements between Binance hot and cold wallets due to the BTC address adjustments.\x94 A Binance spokesperson told Decrypt that the movements were not reason for concern, pointing to a tweet from CryptoQuant head of research Julio Moreno, who said the movements were down to \x93newly created change addresses\x94 owned by the exchange. CFTC, SEC, DOJ, IRS: These Are the Ongoing Investigations Into Binance As the world\x92s biggest digital asset exchange, users keep an eye on large Binance transactions. Such movements can often be interpreted as signals of investor confidence in the company\x97or the lack thereof. Billions of dollars in crypto flowed out of Binance in December in a 24-hour period, for example, leading some to speculate on whether its reserves were secure. Binance CEO Changpeng \x91CZ\x92 Zhao said at the time that the withdrawals were \x93business as usual.\x94 And billions flowed out of the exchange last month after the Commodity Futures Trading Commission (CFTC) hit the exchange with a lawsuit for allegedly violating trading and derivatives rules. CZ shrugged off the withdrawals on Twitter as \x93small.\x94', 'Good morning. Here’s what’s happening: Prices: Bitcoin and Ether prices are down due to BRC-20 meme coins congestion, with a potential solution being a shift of profits to altcoins and Ethereum. Insights: Bitcoin\'s path "is not straight," Paul Eisma, head of trading for XBTO Group, told CoinDesk TV. Prices Bitcoin Buckles Under Pressure of Network Congestion Chaos CoinDesk Market Index (CMI) 1,185 −40.6 ▼ 3.3% Bitcoin (BTC) $27,715 −739.6 ▼ 2.6% Ethereum (ETH) $1,850 −25.5 ▼ 1.4% S&P 500 4,138.12 +1.9 ▲ 0.0% Gold $2,029 +11.2 ▲ 0.6% Nikkei 225 28,949.88 +NaN ▲ NaN% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,185 −40.6 ▼ 3.3% Bitcoin (BTC) $27,715 −739.6 ▼ 2.6% Ethereum (ETH) $1,850 −25.5 ▼ 1.4% S&P 500 4,138.12 +1.9 ▲ 0.0% Gold $2,029 +11.2 ▲ 0.6% Nikkei 225 28,949.88 +NaN ▲ NaN% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Bitcoin Falls Good morning Asia. Bitcoin is beginning the East Asia trading day down 2.6% at $27,715, while Ether is down 1.4% to $1,850. The Bitcoin network’s Ordinal-induced congestion is to blame, which caused Binance to suspend withdrawals twice over the weekend. "What\'s going on right now in bitcoin is, is quite unprecedented. And we haven\'t really seen this for many, many years," 21Co co-founder and CEO Hany Rashwan said during a recent appearance on CoinDesk TV. Like others, Rashwan blamed BRC-20 meme coins, but also said that we shouldn’t conflate these with altcoins. "I wouldn\'t categorize meme coins in the same league as altcoins like Ethereum or Solana,” he said. “These altcoins are essentially smart contract platforms that facilitate a range of functions, including but not limited to meme coins and NFTs." Rashwan sees a way out of the congestion which involves meme coin holders taking profits and moving to altcoins and Ethereum, which in turn could lead to those coins increasing in value as well. Story continues But it will take another large macroeconomic event to kick off this move. And for now, we are stuck with Bitcoin NFTs of PEPE. Biggest Gainers There are no gainers in CoinDesk 20 today. Biggest Losers Asset Ticker Returns DACS Sector Terra LUNA −13.8% Smart Contract Platform Gala GALA −10.4% Entertainment Decentraland MANA −6.9% Entertainment Insights Bitcoin\'s Not-So Straight Path The meme pool-spurred congestion on Binance and bitcoin’s hefty decline are “growing pains,” but the largest cryptocurrency by market capitalization “will be fine in the long run,” Paul Eisma, head of trading for XBTO Group, told CoinDesk’s “All About Bitcoin” program on Monday. “It\'s almost like a deer in headlights for the bitcoin protocol,” Eisma said, linking the latest technical problems to the late 2021 Taproot upgrade, which boosted the bitcoin network’s privacy, among other improvements. But Eisma said optimistically that bitcoin has remained in a range roughly between $25,000 and $30,000 for much of this year. He said that crypto is still in its formative years, so understandably subject to the same headwinds that have afflicted other early-stage technologies throughout history. “Like any young and growing, nascent technology that gets upgrades and modifications, this is part of it,” Eisma said. “This is part of the growth and evolution of the network, and the path is not straight. Eisma said that he will be eyeing Wednesday’s release of the May Consumer Price Index (CPI) for a sense of the U.S. central bank’s next privacy move. The Federal Reserve has boosted interest rates 25 basis points (bps) three consecutive times, but observers of monetary policy, particularly those critical of the Fed, are hoping for a cessation of the bank’s hawkishness. “What asset markets are looking for is something not too strong or too weak because if something comes in and around, like, I don\'t know, plus, or minus, you know, some decent, low standard deviation of what\'s expected, then (it’s) still too early for a pause to rate decreases,” he said. But he added warily that the current inflation rate is still above “the 2% level the Fed is seeking. It\'s still about the core PCE level 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: 2023-05-09 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $536,344,540,550 - Hash Rate: 360341576.2208098 - Transaction Count: 598256.0 - Unique Addresses: 586519.0 Social & AI Sentiment: - Fear & Greed Index: 0.51 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: 25 April 2023 \| SAINT HELIER, Jersey- As announced on 04 April 2023, the Board of Directors of CoinShares International Limited ("CoinShares" or the "Company") (Nasdaq Stockholm Market: CS; US OTCQX: CNSRF), Europe's largest and leading digital asset investment and trading group by AuM, resolved to implement a share buy-back program and repurchase shares on Nasdaq Stockholm Market during the period 04 April 2023, up to and including 30 May 2023 for total maximum amount of SEK 25 million in accordance with the authorisation from the Annual General Meeting on 20 June 2022. The Board of Directors’ resolution to implement the share buy-back program was made after the Board's review of the Company's capital structure and was implemented for the purposes of reducing the capital of the Company. The share buy-back program is carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 ("MAR") and the Commission Delegated Regulation (EU) No 2016/1052 (the "Safe Harbour Regulation"). The Company today announces that share buy-backs of shares in the Company (ISIN: JE00BLD8Y945) have been effected as set forth below (aggregated level): [{"Date": "18 April 2023", "Number of shares acquired": "3,170", "Lowest price paid (SEK)": "35.15", "Highest price paid (SEK)": "36.45", "Volume weighted average (SEK)": "35.72"}, {"Date": "19 April 2023", "Number of shares acquired": "3,170", "Lowest price paid (SEK)": "36.70", "Highest price paid (SEK)": "38.05", "Volume weighted average (SEK)": "37.37"}, {"Date": "20 April 2023", "Number of shares acquired": "2,945", "Lowest price paid (SEK)": "35.20", "Highest price paid (SEK)": "37.15", "Volume weighted average (SEK)": "36.08"}, {"Date": "21 April 2023", "Number of shares acquired": "2,570", "Lowest price paid (SEK)": "32.85", "Highest price paid (SEK)": "34.20", "Volume weighted average (SEK)": "33.46"}, {"Date": "24 April 2023", "Number of shares acquired": "2,530", "Lowest price paid (SEK)": "31.25", "Highest price paid (SEK)": "31.65", "Volume weighted average (SEK)": "31.46"}, {"Date": "", "Number of shares acquired": "14,385", "Lowest price paid (SEK)": "", "Highest price paid (SEK)": "", "Volume weighted average (SEK)": ""}] All share buy-backs have been carried out on Nasdaq Stockholm Market by the Company. Following the above repurchases, the Company's holding of own shares as of 25 April 2023 amounts to 546,256 shares. The total number of shares in CoinShares amounts to 68,135,425. For a full break-down of repurchases made, please refer to the attached announcement. About CoinShares CoinShares is Europe’s largest and leading digital asset investment and trading group by AuM, managing billions of assets on behalf of a global client base. Our mission is to expand investing into digital assets with our trusted, regulated, best-in-class product suite that provides investors with trust and transparency when accessing cryptocurrencies. We believe that Bitcoin and blockchain networks are landmark innovations that will fundamentally reshape the global financial system and the way we interact digitally, and investors should be able to participate in this transformation. CoinShares is publicly listed on the Nasdaq Stockholm under ticker CS and the OTCQX under the ticker CNSRF. CoinShares has multiple touchpoints with financial regulatory bodies around the world, including the AMF, JFSC and FINRA. For more information on CoinShares, please visit:https://coinshares.comCompany \| +44 (0)1534 513 100 \|[email protected] Relations \| +44 (0)1534 513 100 \|[email protected] This information is information that CoinShares International Limited is obliged to make public pursuant to the EU Market Abuse Regulation (596/2014). The information in this press release has been published through the agency of the contact persons set out above, at 08:00 GMT on Tuesday, 25 April 2023. Attachment • 20230425 - Appendix to press release - share buy-back... - Reddit Posts (Sample): [['u/Kooky-Treacle7920', 'My bitcoin I’ve been trying to receive on Coinbase has been stuck pending on block chain for OVER 2 DAYS. What can I do', 41, '2023-05-09 04:46', 'https://www.reddit.com/r/CryptoCurrency/comments/13cd5cu/my_bitcoin_ive_been_trying_to_receive_on_coinbase/', 'I tried sending bitcoin from a gambling site to Coinbase. Coinbase confirmed they have it and it’s on the block chain unconfirmed. Am I ever going to get my money do I need to do anything or just keep waiting? Usually it’s never been like this. Thanks so much for the help I am very bad when it comes to understanding this as I’m new so please don’t roast me. Also why have fees gone up so much, it’s like 6$ to send 15$??? And it’s saying 30$ fee for what? Tf? I’m about to be done with crypto it’s not worth anymore with how expensive fees now are', 'https://www.reddit.com/r/CryptoCurrency/comments/13cd5cu/my_bitcoin_ive_been_trying_to_receive_on_coinbase/', '13cd5cu', [['u/noob_zarathustra', 13, '2023-05-09 04:48', 'https://www.reddit.com/r/CryptoCurrency/comments/13cd5cu/my_bitcoin_ive_been_trying_to_receive_on_coinbase/jjf85e4/', "You can't do much. Just have to wait for the transaction fees to reduce so that your transaction gets picked up for confirmation. I've got a transaction stuck in the mempool too for about 2 days now.\n\nYou'll get it for sure though.", '13cd5cu'], ['u/PenaltyFickle5699', 38, '2023-05-09 05:11', 'https://www.reddit.com/r/CryptoCurrency/comments/13cd5cu/my_bitcoin_ive_been_trying_to_receive_on_coinbase/jjfawmt/', 'Right now the network is a mess. Just gotta wait man.', '13cd5cu'], ['u/dubweb32', 18, '2023-05-09 05:22', 'https://www.reddit.com/r/CryptoCurrency/comments/13cd5cu/my_bitcoin_ive_been_trying_to_receive_on_coinbase/jjfc7l8/', 'I’ve been sitting on the sidelines eating my popcorn 🍿', '13cd5cu'], ['u/DukeThom', 12, '2023-05-09 05:27', 'https://www.reddit.com/r/CryptoCurrency/comments/13cd5cu/my_bitcoin_ive_been_trying_to_receive_on_coinbase/jjfct55/', 'I’m the guy sitting behind you shaking a box of candy obnoxiously loud every 10 seconds', '13cd5cu'], ['u/DukeThom', 12, '2023-05-09 05:27', 'https://www.reddit.com/r/CryptoCurrency/comments/13cd5cu/my_bitcoin_ive_been_trying_to_receive_on_coinbase/jjfcuib/', 'Eth gas fees are completely separate from BTC network fees', '13cd5cu'], ['u/crypt0_sports', 10, '2023-05-09 05:30', 'https://www.reddit.com/r/CryptoCurrency/comments/13cd5cu/my_bitcoin_ive_been_trying_to_receive_on_coinbase/jjfd5ws/', 'BTC network is going through some things atm', '13cd5cu'], ['u/Florian995', 16, '2023-05-09 06:34', 'https://www.reddit.com/r/CryptoCurrency/comments/13cd5cu/my_bitcoin_ive_been_trying_to_receive_on_coinbase/jjfk4m7/', 'The Bitcoin networks is clogged because of Ordinals and BRC-20 tokens. Just wait', '13cd5cu'], ['u/Dazzling_Marzipan474', 15, '2023-05-09 07:25', 'https://www.reddit.com/r/CryptoCurrency/comments/13cd5cu/my_bitcoin_ive_been_trying_to_receive_on_coinbase/jjfozjx/', "DON'T EVER SEND DIRECTLY TO AN EXCHANGE FROM A GAMBLING SITE! ESPECIALLY COINBASE!\n\nAlways send to your wallet then to exchange and vice versa when you buy in, send from wallet to gambling site. \n\nExchanges can and will close your account if they find out.", '13cd5cu']]], ['u/AutoModerator', '[Daily Discussion] - Tuesday, May 09, 2023', 24, '2023-05-09 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_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\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/', '13cera9', [['u/bundabrg', 16, '2023-05-09 06:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjfkn8i/', "I'd prefer it go into its own layer rather than the base chain but if people are willing to pay for the space then who am I to judge.\n\nIt's like putting up a public whiteboard with a list of rules you have to follow to write on it and then preventing certain people from writing on it who are following the rules.\n\nEven that car with blackboard paint allows people to draw anything on it. And yes it's mostly covered with dicks.\n\nEdit: I'll add that if it makes financial sense it will end up going to a different layer and will drive development there. If there was no restriction then everyone would just take the lazy approach and end up bloating the chain. You need the incentive.", '13cera9'], ['u/xtal_00', 19, '2023-05-09 08:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjfsae1/', "It's a free market. It'll get sorted.\n\nI'm pleased my mining revenue is up again.", '13cera9'], ['u/52576078', 12, '2023-05-09 11:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjg4sf3/', "Yep, it's adoption. We wanted adoption. Plus it demonstrates how miners can earn from fees, not just mining.", '13cera9'], ['u/Essexal', 14, '2023-05-09 11:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjg5no6/', 'Don’t make me deploy more capital.', '13cera9'], ['u/dependentlyarised', 12, '2023-05-09 13:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjgi5wu/', "So the trick is liquidating during an ATH? I would've never thought about it!", '13cera9'], ['u/bufonia1', 11, '2023-05-09 14:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjglkjy/', 'wow, how do u time the ath?', '13cera9'], ['u/Gravy_Vampire', 10, '2023-05-09 14:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjgoedd/', 'Something to do with all these cardinals people keep talking about', '13cera9'], ['u/delgrey', 20, '2023-05-09 16:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjh0bo9/', 'Cramer: "Commercial Real Estate isn\'t going to destabilize the system"', '13cera9'], ['u/BitSecret', 13, '2023-05-09 16:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjh45oi/', 'Welp, I was wrong. No $30k in our rearview window. At least the weather is nice.', '13cera9'], ['u/diydude2', 14, '2023-05-09 16:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjh47k0/', 'Translation: A quadrillion dollars worth of derivatives dross is sloshing around in the bilge.', '13cera9'], ['u/RetardIdiotTrader', 10, '2023-05-09 19:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjhu21f/', 'Bitcoin is dead^(again)', '13cera9'], ['u/52576078', 12, '2023-05-09 20:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jji10z1/', 'Good article by Dylan LeClair on the upcoming halving. I think many many more people are going to be aware of the halving this time round. https://bitcoinmagazine.com/markets/holder-dynamics-one-year-until-the-bitcoin-halving', '13cera9'], ['u/BootyPoppinPanda', 11, '2023-05-09 20:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jji2kmh/', 'Bcash was the obvious pump given the mempool hysteria rn. This market is so thirsty for drama. Anyone gonna short it for when it inevitably fizzles out?', '13cera9'], ['u/ReflectionFamiliar68', 13, '2023-05-09 21:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjiedjp/', "Ouch, immediately after the fork you could have sold for anywhere from 0.1 to 0.4. Currently 0.004.\n\nI dumped mine instantly at about 0.11. Was pissed that it went much higher but I'm glad I dumped it now. I just knew long term it is worthless.", '13cera9'], ['u/ReflectionFamiliar68', 10, '2023-05-09 22:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjiirv6/', 'Truth. I got totally burned in 2021 waiting for the blowoff top that SBF made impossible. I knew something was wrong but kept holding out of greed.', '13cera9']]], ['u/slade991', 'Cryptocurrencies from a Business Perspective', 34, '2023-05-09 07:12', 'https://www.reddit.com/r/CryptoCurrency/comments/13cg8nl/cryptocurrencies_from_a_business_perspective/', 'Hello r/cc,\n\n\n\nI wanted to write this post for a long time to give a business perspective on the cryptocurrency ecosystem. I hope this post might help show a critical view of the space, highlighting the positive and negative aspects, and maybe help new projects to address the issues we encountered.\n\n\n\nI run two different B2C businesses, one traditional and one all about crypto. Our exposure to crypto is only as a payment method, and we are not a web3 company. I will attempt to give the pros and cons of each one and see how accepting traditional means of payment compares to cryptocurrencies.\n\n\n\nThese days, to process credit card payments or any other means of traditional payment, you are required to use a third-party provider. The biggest 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: ["TheWeb3game industry is growing on blockchain networks likeAvalanche,Solana,Polygon, and even the newly-launchedSui. One platform you don't find on that list isChia, the novel storage-based blockchain network—but that may soon change.\nLast week, Chia Network—which recentlysignaled plans to go public—launched what it’s calling theChia Open Digital Economy (CODE)framework, which is infrastructure and tooling designed to power an open metaverse of games and applications that use interoperable assets.\nAlongside that initiative, Chia will launch a proof-of-concept trading card game on May 19called ChiaTCG, which will support allNFTscurrently on Chia and turn them into playable cards.\nLeading the gaming push is Richard Tsao, Chia Network’s Chief Metaverse Officer, who spent two decades working for giants of the gaming industry—from Microsoft back in its early Xbox days to Ubisoft branches in China and eventually League of Legends creator Riot Games.\nTsao toldDecryptthat it was at Riot Games that he recognized the need for an open ecosystem of tradable assets that are truly owned by players. He said that he tried to pursue the concept while at the company, but that it ultimately “didn’t work”—he couldn’t find traction for the idea at a large studio with its own thriving, closed ecosystem of assets.\nUltimately, he set up shop at Chia and is now leading its push to adapt the blockchain network to better support games.\nCreated by Bram Cohen, inventor of the BitTorrent protocol, Chia uses a unique “proof of space and time” consensus mechanism that’s secured by users’ storage space, rather than requiring high-end computers and immense amounts of energy likeBitcoin’s network does.\nTsao sees potential advantages to Chia’s gaming plan compared to other blockchain networks. Notably, theNFT1 token standardpairs with Chia’s Offers system to enable peer-to-peer atomic swaps without the need for a marketplace or an escrowsmart contractin the middle. It’s a nuanced variation that Tsao believes is a meaningful differentiator.\nChia Aims to Take on Ethereum, Solana With NFTs. Will They Blossom?\nBroadly, however, it appears that Chia’s gaming ambitions are still very early. Chia Network has a plan and a proof-of-concept game demo, but these are only first steps.\nBy the end of the year, Chia hopes to release a white paper and finalize code to enable interoperability between future games, as well as create an “abstraction layer” that makes it easier for developers to build games atop the network.\nChiaTCG is simply designed as a “very generic, proof-of-concept” game that could support any NFTs on the network, Tsao explained, giving all projects and communities an opportunity to see how their assets could function within a game. It’s a two-player cooperative experience designed as a “starting point” for creators, he said.\nButEthereumNFT-based trading card games likeGods UnchainedandSkyweaverhave been online for years, and some of those aforementioned blockchain networks have numerous live games with many more in development. Chia’s NFT market is much smaller than platforms like Ethereum and Solana, as well, given that it juststarted taking shape last year.\nChia is starting behind the pack, in other words—way behind the pack. But Tsao believes that its infrastructure will be appealing to developers, and that the network can unlock true functionality around theinteroperability premisethat has largely been a pipe dream in Web3 gaming to date. It just may take some time to get there.\n“We don't profess to be game developers. We’re great technology developers… who really want to make the use case ofmetaversegaming come alive,” said Tsao. “So we will partner with experienced game developers to provide that tech—and they’ll provide good games.”", 'Joseph O’Connor, theU.K. national behind a 2020 Twitter hack, has been extradited to the United States, where he has pled guilty to multiple cybercrime offenses, the U.S. Attorney’s Office Southern District of New Yorkannounced Tuesday\n“O’Connor used his sophisticated technological abilities for malicious purposes — conducting a complex SIM swap attack to steal large amounts of cryptocurrency, hacking Twitter, conducting computer intrusions to take over social media accounts, and even cyberstalking two victims, including a minor victim,” the SDNY said in a statement.\nDuring the 2020 Twitter hack, multiple high-profileTwitter accounts were taken over– including CoinDesk’s – and used to promote a bitcoin giveaway scam. Despite multi-factor authentication being enabled on some of the accounts, the attackers managed to hide scam warning responses, including from Binance CEO Changpeng Zhao, and amassed approximately 11.3 BTC ($103,960) from the fraudulent activity.\nFlorida resident Graham Ivan Clark, an associate of O’Connor’s who also participated in the attack, wasarrested in March 2021and tried as a young offender, as he was 17 at the time of the hack.\nO’Connor, 23, was also charged by the SDNY and pled guilty for his role in SIM-swapping attacks targeting high-profile executives in the cryptocurrency industry, resulting in the theft of $794,000 in digital assets.\nWhile the SDNY declined to name the company, only stating that it “provided wallet infrastructure and related software to cryptocurrency”, there have been numerous cases of targeted crypto companies using this same technique,including BlockFi.\nTelecoms such asAT&Tas well asT-Mobilehave been sued by victims over the lack of internal security measures that have allowed these attacks to take place.\nO’Connor is due back in court on June 23 for sentencing.', 'Joseph O’Connor, the U.K. national behind a 2020 Twitter hack , has been extradited to the United States, where he has pled guilty to multiple cybercrime offenses, the U.S. Attorney’s Office Southern District of New York announced Tuesday “O’Connor used his sophisticated technological abilities for malicious purposes — conducting a complex SIM swap attack to steal large amounts of cryptocurrency, hacking Twitter, conducting computer intrusions to take over social media accounts, and even cyberstalking two victims, including a minor victim,” the SDNY said in a statement. During the 2020 Twitter hack, multiple high-profile Twitter accounts were taken over – including CoinDesk’s – and used to promote a bitcoin giveaway scam. Despite multi-factor authentication being enabled on some of the accounts, the attackers managed to hide scam warning responses, including from Binance CEO Changpeng Zhao, and amassed approximately 11.3 BTC ($103,960) from the fraudulent activity. Florida resident Graham Ivan Clark, an associate of O’Connor’s who also participated in the attack, was arrested in March 2021 and tried as a young offender, as he was 17 at the time of the hack. O’Connor, 23, was also charged by the SDNY and pled guilty for his role in SIM-swapping attacks targeting high-profile executives in the cryptocurrency industry, resulting in the theft of $794,000 in digital assets. While the SDNY declined to name the company, only stating that it “provided wallet infrastructure and related software to cryptocurrency”, there have been numerous cases of targeted crypto companies using this same technique, including BlockFi . Telecoms such as AT&T as well as T-Mobile have been sued by victims over the lack of internal security measures that have allowed these attacks to take place. O’Connor is due back in court on June 23 for sentencing.', 'Good morning. Here’s what’s happening:\nPrices:As blockchain congestion eases, Bitcoin\'s price recovers. eToro\'s Callie Cox said that inflation remains a key concern among crypto traders but noted bitcoin\'s resilience in an interview with CoinDesk TV.\nInsights:Extraterritoriality is once again at the front-and-center of a crypto court case. Will we finally get some answers as to how far U.S. authorities can reach?\nBitcoin Showing Green Shoots as Congestion Begins to Clear\nCoinDesk Market Index (CMI)\n1,185\n+2.2▲0.2%\nBitcoin (BTC)\n$27,741\n+71.2▲0.3%\nEthereum (ETH)\n$1,853\n+2.9▲0.2%\nS&P 500\n4,119.17\n−19.0▼0.5%\nGold\n$2,043\n+17.0▲0.8%\nNikkei 225\n29,242.82\n+292.9▲1.0%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,185", "+2.2\\u25b20.2%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$27,741", "+71.2\\u25b20.3%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,853", "+2.9\\u25b20.2%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,119.17", "\\u221219.0\\u25bc0.5%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$2,043", "+17.0\\u25b20.8%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["29,242.82", "+292.9\\u25b21.0%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nGood morning Asia.\nWhile bitcoin traded sideways throughout the U.S. business day, as Asia opens, the first signs of a return to price growth have reappeared amid diminishing congestion on the bitcoin blockchain.\nBitcoin is currently trading at $27,741, up 0.3%,according to CoinDesk market data, whileether is trading at $1,853, up 0.2%.\nOn-chain data showsthat of Wednesday morning Asia time, the number of unconfirmed transactions had dipped to just below 400,000 from nearly 500,000 over the weekend. In addition,fees for sending transactionshad settled to just over $5 from over$20 at the peak of this crisis.\nBut the question on many people\'s minds was what will cause the next big move in prices?\neToro investment analyst Callie Cox points to inflation as the chief concern from everyone from the Fed to crypto traders.\nOn a recent appearance on CoinDesk TV, Cox argued that Americans want inflation to decrease while maintaining job security, and the Fed is trying to balance these, but it\'s a process that inevitably involves some pain.\n“Powell really leaned into his megaphone and provided some very flexible language on the future of policy,” Cox said on CoinDesk TV. “They k Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-10 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $536,094,490,050 - Hash Rate: 405682569.2552164 - Transaction Count: 671668.0 - Unique Addresses: 686423.0 Social & AI Sentiment: - Fear & Greed Index: 0.52 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin. Photo by Getty Images Bitcoin could climb by $20,000 if a US default happens, Standard Chartered's Geoff Kendrick said. Not every crypto would act similarly, with some behaving more like equities, he told Insider. "So actually, the optimal trade would probably be long bitcoin, short ethereum." With the looming debt ceiling crisis showing no signs of a resolution, both bond and equity markets have become jittery. But while some investors are fearful of a historic default, one asset could potentially rise through such a situation: Bitcoin . Describing a US default as a "low-probability, high-impact event," Geoff Kendrick, head of FX research at Standard Chartered, said it may cause the bitcoin to jump by about $20,000, representing an increase of 68% from current levels. He told Insider that's because the top cryptocurrency by market cap has a reputation for performing well in periods of stress and is often seen as a safe haven, especially as it is a decentralized asset. But Kendrick doesn't think bitcoin would rally in a straight line in the event of a US default, saying "it probably comes a bit lower on day one or day two or week." In that case, bitcoin could dip by $5,000 initially, then jump by $25,000, he estimated. And not every cryptocurrency would follow bitcoin's behavior, he added, with others like ethereum trading more like stocks, which would likely fall in a default. "So actually, the optimal trade would probably be long bitcoin, short ethereum. That sort of mix would probably be a good expression of this," Kendrick said. If Congress fails to lift the $31.4 trillion federal debt limit, a default could come sometime in the summer an event that could cause seismic ruptures global markets. On Tuesday, Treasury Secretary Janet Yellen warned a default would be catastrophic for the US economy , sparking mass unemployment, payment failures, and higher rates "into perpetuity." Story continues With House Republicans and the White House still far from a deal to raise the debt ceiling, yields on three-month Treasurys recently jumped to a 22-year high, as they would mature around a potential default date . Meanwhile, bitcoin is still recovering from a massive sell-off that began in late 2021 and continued through much of 2022 as the Federal Reserve embarked on an aggressive tightening cycle. But bitcoin has rallied nearly 80% so far in 2023 and recently neared $30,000 as First Republic Bank's woes reignited fears over the financial sector. For his part, Kendrick is already bullish on bitcoin, saying in a note on Monday that it could surge to $100,000 by the end of 2024 due to bank turmoil, bitcoin halving, and the expected end of Fed rate hikes, among other things, though it didn't mention the risk of a US default. "While sources of uncertainty remain, we think the pathway to the USD 100,000 level is becoming clearer," he wrote. 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: ['Good morning. Here’s what’s happening:\nPrices:Fairlead Strategies\' Katie Stockton anticipates a pullback to around $25,200 for bitcoin and a short-term setback for Ether, but sees potential for Ether to outperform Bitcoin in the short term.\nInsights:Bitcoin needs a good story before it can push higher, says Brent Xu, CEO of Web3 bond-market platform Umee. What will that narrative be?\nCoinDesk Market Index (CMI)\n1,209.53\n+0.9▲0.1%\nBitcoin (BTC)\n$27,618\n+36.0▲0.1%\nEthereum (ETH)\n$1,838\n−6.9▼0.4%\nS&P 500 daily close\n4,137.64\n+18.5▲0.4%\nGold\n$2,037\n+0.3▲0.0%\nTreasury Yield 10 Years\n3.44%\n▼0.1\nBTC/ETH prices perCoinDesk Indices; gold is COMEX spot price. Prices as of about 4 p.m. ET\n[["1,209.53", "+0.9\\u25b20.1%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$27,618", "+36.0\\u25b20.1%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,838", "\\u22126.9\\u25bc0.4%"], {"CoinDesk Market Index (CMI)": "S&P 500 daily close"}, ["4,137.64", "+18.5\\u25b20.4%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$2,037", "+0.3\\u25b20.0%"], {"CoinDesk Market Index (CMI)": "Treasury Yield 10 Years"}, ["3.44%", "\\u25bc0.1"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices; gold is COMEX spot price. Prices as of about 4 p.m. ET"}]\nAll Eyes on Ether as Bitcoin Pushes Down?\nGood Morning Asia,\nCrypto is starting the trading day in Asia fairly flat after apromising U.S. Consumer Price Indexpushed bitcoin above $28,000.\nBitcoin is now trading at $27,618, according to CoinDesk market data, which makes it effectively flat. Ether is down 0.4% to $1,838.\nKatie Stockton, Founder and Managing Partner of Fairlead Strategies, said during a recent appearance on CoinDesk TV that overall the crypto market likes the lower CPI numbers but don’t expect price appreciation yet.\n“From a technical perspective, the market does seem to like it, we\'re seeing a positive reaction. But really, the action is somewhat insignificant in terms of where both bitcoin and Ether have traded up late,” she said. “They recently broke down below their 50-day moving averages."\nStockton expects Bitcoin to pull back to its base breakout point of about $25,200. However, she still sees an upward trend in the intermediate term.\nThis lower price point should serve as a nice entry point for new investors, she argues.\nStockton also sees a short-term setback for Ether as it too, has moved out its 50-day moving average. However, she predicts Ether might outperform bitcoin in the short term.\n"We anticipate a downside for Ether, regardless of today\'s activity, with a support level around $1,755,” she said. “This could provide a natural point for stabilization as oversold conditions may yield a rebound."\n[{"Asset": "Gala", "Ticker": "GALA", "Returns": "+11.5%", "DACS Sector": "Entertainment"}, {"Asset": "Cosmos", "Ticker": "ATOM", "Returns": "+5.5%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Polkadot", "Ticker": "DOT", "Returns": "+2.8%", "DACS Sector": "Smart Contract Platform"}]\n[{"Asset": "Ethereum", "Ticker": "ETH", "Returns": "\\u22120.3%", "DACS Sector": "Smart Contract Platform"}]\nAn Asset Market in Search of a Good Story\nBanking substitute? Inflation hedge? Gold alternative?\nBitcoin has yet to find a new foundation that drives the price from its weeks-long range roughly between $25,000 and $30,000, Brent Xu, CEO and co-founder of Web3 bond-market platform Umee, said on CoinDesk TV’s “All About Bitcoin” program.\n“Bitcoin is trying to find its next narrative,” Xu said.\nBitcoin’s price seesawing on Wednesday encapsulated its vulnerability to events in recent weeks. The largest cryptocurrency by market capitalization rose on a mildly favorable Consumer Price Index (CPI) that showed inflation rising a less-than-expected 4.9% in April. But BTC sank around midday on internet rumors of a $320 million U.S. government bitcoin sell-off before rebounding as markets shrugged off the hearsay.\nXu noted that the price run-ups tied to a mini-run of U.S. bank failures in April and earlier this month had failed to spur long-lasting price momentum.\n“We saw a bunch of banks get destroyed, and there\'s this narrative building that bitcoin will be a new banking system,” he said. “Unfortunately, that narrative is still not fully substantiated.Bitcoin is oscillating during the existing market cycles, and we haven\'t reached that bullish momentum cycle yet.\nHe added: That is likely to happen next year. For the rest of this year, we\'re gonna see some more price oscillation.”\nXu believes that the steady decline in inflation from a peak of 9.1% last June will allow the U.S. central bank to reconsider the steady diet of hawkish interest rate increases that Federal Reserve critics blame for the near banking meltdown and other economic ills. “There\'s a likelihood that we\'re going to see some potential cuts,” Xu said, adding that some analysts foresee interest rate cuts totaling 75 basis points (bps) in the months ahead.\n“They need to take a long hard look at what all these interest rates hikes have been doing, and just the possibility of a deeper recession into the near future,” he said.\nXu said that liquidity would be important for crypto markets to thrive. Market makers Jane Street and Jump Crypto recently abandoned crypto trading in the U.S. and other firms focused or with at least a deep interest in crypto have also been scaling back their activities or threatening to move them overseas.\nBut Xu said that “these markets will find a way to exist, if not within U.S. borders,” and added that “there will be institutional liquidity that comes in.”\n“It’s just building the right narrative. The next narrative needs to be a major innovation, like the Shanghai Shapella upgrade, or some sort of new L-2 (layer 2), or some major improvement to the bitcoin blockchain. And when we see those, we\'ll see more liquidity and action coming (into markets).”\n9:30 a.m. HKT/SGT(1:30 UTC)Chinese Consumer Price Index (YoY/April)\n7:00 p.m. HKT/SGT(11:00 UTC)Bank of England Monetary Policy Report\n8:30 p.m. HKT/SGT(12:30 UTC)United States Producer Price Index ex Food & Energy (YoY/April)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nBitcoin Inches Higher After April Inflation Report; Congress\'s Joint Crypto Regulation Hearing\nBitcoin (BTC) was inching higher after the annual U.S. inflation rate slowed to 4.9% in April from 5.0% in March, versus economist forecasts for 5.0%, according to the Bureau of Labor Statistics. Fairlead Strategies Founder and Managing Partner Katie Stockton shared her crypto markets analysis. Asobitcoin President Will Hernandez also joined "First Mover" to give an update on El Salvador\'s bitcoin experiment. And Fan-Owned Sail Team LLC Founder David Palmer shared his thoughts on creating a successful SailGP team with a passionate fan and owner base.\nAragon’s ANT Rallies After Cofounder Proposes Token Buybacks to End Activist Crisis:After a week of bickering cooler heads began to prevail. The market responded with gusto.\nCrypto Derivatives Market Share Hits All-Time High:Binance continues to be the dominant crypto derivatives trading platform.\nUniswap Weighs Proposal to Enrich Token Holders, Switch on Liquidity Pool Fees:The plan to turn on fees for some of Uniswap’s liquidity pools would funnel money to the protocol’s treasury and token holders.\nUrbit, a Network Older and Weirder Than Bitcoin, Finally Turns Toward Growth:The peer-to-peer network started in 2002 says it\'s taking on "MEGACORP," much in the same vein as many blockchain networks. A bit more fun are the "secret code names" that users are assigned.\nBitcoin Liquidity on the Brink as Market Makers Pare Back in Crypto Markets:Liquidity across bitcoin trading pairs has slumped and failed to recover since the collapse of FTX in November.', 'Good morning. Here’s what’s happening: Prices: Fairlead Strategies\' Katie Stockton anticipates a pullback to around $25,200 for bitcoin and a short-term setback for Ether, but sees potential for Ether to outperform Bitcoin in the short term. Insights: Bitcoin needs a good story before it can push higher, says Brent Xu, CEO of Web3 bond-market platform Umee. What will that narrative be? Prices CoinDesk Market Index (CMI) 1,209.53 +0.9 ▲ 0.1% Bitcoin (BTC) $27,618 +36.0 ▲ 0.1% Ethereum (ETH) $1,838 −6.9 ▼ 0.4% S&P 500 daily close 4,137.64 +18.5 ▲ 0.4% Gold $2,037 +0.3 ▲ 0.0% Treasury Yield 10 Years 3.44% ▼ 0.1 BTC/ETH prices per CoinDesk Indices ; gold is COMEX spot price. Prices as of about 4 p.m. ET CoinDesk Market Index (CMI) 1,209.53 +0.9 ▲ 0.1% Bitcoin (BTC) $27,618 +36.0 ▲ 0.1% Ethereum (ETH) $1,838 −6.9 ▼ 0.4% S&P 500 daily close 4,137.64 +18.5 ▲ 0.4% Gold $2,037 +0.3 ▲ 0.0% Treasury Yield 10 Years 3.44% ▼ 0.1 BTC/ETH prices per CoinDesk Indices ; gold is COMEX spot price. Prices as of about 4 p.m. ET All Eyes on Ether as Bitcoin Pushes Down? Good Morning Asia, Crypto is starting the trading day in Asia fairly flat after a promising U.S. Consumer Price Index pushed bitcoin above $28,000. Bitcoin is now trading at $27,618, according to CoinDesk market data, which makes it effectively flat. Ether is down 0.4% to $1,838. Katie Stockton, Founder and Managing Partner of Fairlead Strategies, said during a recent appearance on CoinDesk TV that overall the crypto market likes the lower CPI numbers but don’t expect price appreciation yet. “From a technical perspective, the market does seem to like it, we\'re seeing a positive reaction. But really, the action is somewhat insignificant in terms of where both bitcoin and Ether have traded up late,” she said. “They recently broke down below their 50-day moving averages." Stockton expects Bitcoin to pull back to its base breakout point of about $25,200. However, she still sees an upward trend in the intermediate term. Story continues This lower price point should serve as a nice entry point for new investors, she argues. St Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-11 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $521,899,381,500 - Hash Rate: 360341576.2208098 - Transaction Count: 546549.0 - Unique Addresses: 596717.0 Social & AI Sentiment: - Fear & Greed Index: 0.52 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: As the environmental impact of cryptocurrency ecosystems is increasingly coming to the fore, the non-profit ReFi ecosystem Evadore adopts a vision to reduce carbon emissions in the world. New York --News Direct-- Evadore Evadore, a non-profit regenerative finance (ReFi) ecosystem, takes action to reduce global carbon emissions. The Evadore ecosystem, developed by EvaLabs, will work to utilize renewable energy sources and promote the global use of renewable energy with its products named Eva Chain, EvaStore, EvaPay, GreenWallet, EvaForest and CarbonEva. ReFi startup Evadore takes action to reduce global carbon emissions Blockchain-related carbon emissions and the environmental impact of cryptocurrencies are increasingly coming to the fore as the world is on the verge of a green transformation. “Data from the University of Cambridge estimates that Bitcoin will emit around 62 megatons of carbon dioxide equivalent each year at the current velocity of mining," says EvaLabs Community Chief Timothy Walker and adds: “This is equivalent to Serbia's total carbon emissions in 2019.” Aims to use its income for a greener future Founded as a completely non-profit organization, EvaLabs uses the income it generates from its projects, excluding blockchain costs, to carry the world forward toward a greener future. EvaStore, the network project product that assumes the task of ending the climate crisis with the power of cryptocurrency and blockchain technologies, aims to transfer the carbon credits purchased to projects that purpose to reduce carbon emissions. EvaForest intends to grow forests around the world to reduce carbon emissions, while GreenWallet has the purpose to provide cryptocurrency investors with a sustainable and multi-currency cryptocurrency wallet. EvaLabs's EvaPay solution purposes to create a first-class environment-friendly cryptocurrency payment technology, while the CarbonEva app allows users to calculate their daily carbon emissions and receive tips to reduce this impact. All transactions in the Evadore ecosystem are carried out on the Eva Chain blockchain. Story continues Countries' economic systems centralized under ReFi ReFi, one of the concepts that emerged with the development of financial technologies, is known as a financial system that aims to improve the world. Positioned as a ReFi initiative, Evadore plans to take a leading role in the transition of finance to a sustainable and inclusive form. Remarking that they aim to help countries centralize their economic systems under ReFi, Timothy Walker says: "With a focus on sustainability, social justice, and environmental responsibility, ReFi’s enabler is blockchain, which is a decentralized, secure, and transparent system with the potential to transform various industries. And EvaLabs will be the pioneer of this transformation." Evadore uses almost all of the income it generates from the transactions in its ecosystem to finance the processes encouraging the utilization of renewable energy sources for the power needs of companies and governments around the world. Visit the whitepaper link to learn more about Evadore. Contact Details Evadore Timothy Walker [email protected] Company Website https://evadore.io View source version on newsdirect.com: https://newsdirect.com/news/refi-startup-evadore-offers-an-end-to-end-environment-friendly-blockchain-ecosystem-782582316... - 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 sank below $27K for the second consecutive day. Investors are in a wait-and-see mode. Insights: Bitcoin is taking a breather even amid mildly upbeat jobs and price data this month. Prices CoinDesk Market Index (CMI) 1,155 −23.4 ▼ 2.0% Bitcoin (BTC) $27,052 −498.3 ▼ 1.8% Ethereum (ETH) $1,801 −34.3 ▼ 1.9% S&P 500 4,130.62 −7.0 ▼ 0.2% Gold $2,021 −9.1 ▼ 0.4% Nikkei 225 29,126.72 +4.5 ▲ 0.0% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,155 −23.4 ▼ 2.0% Bitcoin (BTC) $27,052 −498.3 ▼ 1.8% Ethereum (ETH) $1,801 −34.3 ▼ 1.9% S&P 500 4,130.62 −7.0 ▼ 0.2% Gold $2,021 −9.1 ▼ 0.4% Nikkei 225 29,126.72 +4.5 ▲ 0.0% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Bitcoin Sinks Below $27K Again For a second straight day, bitcoin dropped to late March levels under $27,000 but remained safely within its weeks-long range as investors shrugged off upbeat employment and price data and the latest banking crisis to continue their wait for a true price catalyst. The largest cryptocurrency by market capitalization was recently trading at about $27,052, down 1.8% over the past 24 hours. BTC has been changing hands between $25,000 and $30,000 throughout the spring. A number of analysts believe it will linger there, short of a compelling reason for it to push higher – or lower. "Price reaction to macro data hasn\'t been as significant in the last few weeks," Katie Talati, head of research at blockchain asset management firm Arca, told CoinDesk TV. "I think mostly, same as equities, everyone feels like a lot of the macro moves are baked in. A lot of what we\'ve seen in the last even 24 hours, though, is much more attributable to things specific to the digital asset space. Ether was recently trading at about $1,800, off about 1.9% from Wednesday, same time. The second largest crypto in market value has also remained largely rangebound in recent weeks, despite early April\'s successful Ethereum Shanghai upgrade, which completed the blockchain\'s transition from a proof-of-work to more energy efficient proof-of-stake protocol. Story continues Pepecoin-inspired meme mania was waning less than a week after reaching a stunning $1.8 billion market cap. Data by crypto intelligence firm Nansen showed that by late morning Thursday (ET), “smart money” wallets – crypto accounts of individual traders or institutions who are known for their profitable moves – had decreased their PEPE stash by $3 million in the past 24 hours. Talati said that the team behind PEPE "did a really good job of marketing the token, really building a lot of hype around it." But she added: "These tokens tend to pop up and gain a lot of notoriety when there isn\'t as much stuff happening in this space. They are usually the most accessible ones. A lot of newer entrants into crypto like to trade them." Other major cryptos were largely in the red. The CoinDesk Market Index , a measure of the crypto market\'s performance, was down 2.4%. Equities were mixed with the Dow Jones Industrial Average (DJIA) and S&P 500 falling slightly but the tech-heavy Nasdaq rising a fraction of a percentage point. The banking sector declined after Los Angeles-based PacWest Bancorp reported that it had lost more than 9% of its deposits last week. But PacWest\'s latest problems seemed an afterthought for crypto investors. Meanwhile, Arca\'s Talati was upbeat about DeFi. "There\'s definitely a lot happening in DeFi," she said. "I\'ve highlighted the last few weeks, a lot of development on certain projects like Curve and Aave, both of which launched or (are) launching their own stable coin." Biggest Gainers Asset Ticker Returns DACS Sector Cosmos ATOM +1.9% Smart Contract Platform Stellar XLM +0.7% Smart Contract Platform Biggest Losers Asset Ticker Returns DACS Sector Gala GALA −7.7% Entertainment Terra LUNA −5.4% Smart Contract Platform Loopring LRC −4.7% Smart Contract Platform Insights Bitcoin Takes a Breather Bitcoin is taking a little May "breather" as investors ponder a mini-wave of upbeat jobs and price data, said Alex McDougall, CEO of Stablecorp, in a CoinDesk TV interview Thursday. Bitcoin\'s price has plunged from highs near $31,000 less than two weeks ago, and on Wednesday, dipped below $27,000 after markets became spooked by an unfounded rumor that the U.S. government was going to sell off some $320 million in bitcoin. The largest crypto in market value has been buffeted in recent weeks, short a compelling reason to move from a weeks-long range. "We\'ve seen interest rates kind of fluctuate a little bit," said McDougall, whose firm provides blockchain-powered financial products. "And the decoupling from the risk on tech stock narrative is interesting. In any time where there are so many competing narratives going on all at once, you can almost see the market sort of flipped between narratives. Is this a doomsday hedge? Is this your risk-on asset? Is the banking sector dying?" He added "What this seems like is an opportunity to take a deep breath – a lot of people taking profits who have been underwater for a little while, an opportunity for accumulation." McDougall noted that the meme pool-spurred congestion on the bitcoin network, which prompted exchange giant Binance to suspend withdrawals twice over the weekend, had raised concerns about the blockchain\'s ability to handle additional volume generated by NFT-like Ordinals. There are "known challenges, and scalability is always part of that that trilemma," he said "When those start to rear their head, it\'s easy to sort of say \'we\'re a little too overhyped there. Let\'s cool off a little bit.\'" He said that liquidity remains another issue that the crypto industry is having to address. "It wasn\'t a healthy marketplace, but at least we had this sort of global connectivity of liquidity before," he said. "And you\'re starting to see that fracture and that global assets not be able to move as smoothly cross border, and those liquidity plugs start to disconnect a little bit." But he was sanguine about bitcoin\'s future. "A lot of these things are sort of the natural growing pains," he said, adding: "How could you not be bullish? It\'s such a it\'s a no brainer to go to this technology in the long term, but the route there is not going to be straight." Important events. JPYMoney Supply M2+CD (Apr/YoY) Australia Westpac Consumer Confidence (May) CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Bitcoin Slips After April PPI Data; The Rise of the Meme Economy Bitcoin (BTC) slipped below $27,500 following the release of April PPI data. Arca head of research Katie Talati shared her crypto markets analysis. Plus, Timothy Massad, Kennedy School of Government at Harvard University Research Fellow and former CFTC chairman, discussed the future of U.S. crypto regulation following a joint House hearing examining the future of digital assets on Wednesday. And early Dogecoin backer Gary Lachance discussed the rise of the meme economy. Headlines CoinDesk Turns 10 – 2020: The Rise of the Meme Economy: As the world locked down for COVID, meme-assets like Dogecoin and Disaster Girl grabbed the attention of a younger generation of retail investors. Three years later, memes are driving value across financial markets. This feature is part of our "CoinDesk Turns 10" series. Bitcoin Prices Retrace as Traders With Varying Time Horizons Jockey for Position: Longer term holders remain resilient. Bitcoin super whales warrant attention, as they have recently reduced positions. What’s the Reality of Crypto in Crime?: The DOJ\'s Eun Young Choi said the agency is constantly finding crypto connections in its criminal investigations. But how deep does the problem go and how much should we blame the blockchain? ‘Smart Money’ Traders Reduce Pepecoin Holdings by $3M as Meme Coin Mania Cools: PEPE token has dropped 66% since last week, when it reached a $1.8 billion market capitalization after a staggering rally.', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin sank below $27K for the second consecutive day. Investors are in a wait-and-see mode.\nInsights:Bitcoin is taking a breather even amid mildly upbeat jobs and price data this month.\nCoinDesk Market Index (CMI)\n1,155\n−23.4▼2.0%\nBitcoin (BTC)\n$27,052\n−498.3▼1.8%\nEthereum (ETH)\n$1,801\n−34.3▼1.9%\nS&P 500\n4,130.62\n−7.0▼0.2%\nGold\n$2,021\n−9.1▼0.4%\nNikkei 225\n29,126.72\n+4.5▲0.0%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,155", "\\u221223.4\\u25bc2.0%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$27,052", "\\u2212498.3\\u25bc1.8%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,801", "\\u221234.3\\u25bc1.9%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,130.62", "\\u22127.0\\u25bc0.2%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$2,021", "\\u22129.1\\u25bc0.4%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["29,126.72", "+4.5\\u25b20.0%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nBitcoin Sinks Below $27K Again\nFor a second straight day, bitcoin dropped to late March levels under $27,000 but remained safely within its weeks-long range as investors shrugged off upbeat employment and price data and the latest banking crisis to continue their wait for a true price catalyst.\nThe largest cryptocurrency by market capitalization was recently trading at about $27,052, down 1.8% over the past 24 hours. BTC has been changing hands between $25,000 and $30,000 throughout the spring. A number of analysts believe it will linger there, short of a compelling reason for it to push higher – or lower.\n"Price reaction to macro data hasn\'t been as significant in the last few weeks," Katie Talati, head of research at blockchain asset management firm Arca, told CoinDesk TV. "I think mostly, same as equities, everyone feels lik Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-12 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $510,103,455,412 - Hash Rate: 336477895.6763853 - Transaction Count: 509159.0 - Unique Addresses: 604937.0 Social & AI Sentiment: - Fear & Greed Index: 0.49 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: WASHINGTON ― No aspect of the cryptocurrency industry escaped criticism in a scathing report from the White House this week. The White House Council of Economic Advisers delivered a 35-page takedown of the idea that digital assets like Bitcoin are useful as an alternative to government-backed currency, the claim that crypto’s underlying distributed ledger technology could have some utopian application, and the notion that it could serve as a hedge against inflation. “Although the underlying technologies are a clever solution for the problem of how to execute transactions without a trusted authority, crypto assets currently do not offer widespread economic benefits,” the council writes. “They are largely speculative investment vehicles and are not an effective alternative to fiat currency. Also, they are too risky at present to function as payment instruments or to expand financial inclusion.” The extended crypto criticism, which fills one chapter in a book-length annual report the White House sends to Congress each year, represents a stark change in tone from President Joe Biden’s administration. One year ago, Biden signed an executive order asking federal agencies to look at ways of curtailing the risks of crypto without stifling “financial innovation.” This week’s report makes clear the White House thinks crypto can’t innovate much besides the same kinds of financial disasters that prompted Congress to regulate the banking industry a century ago. “The risks presented by crypto assets stem from excessive speculation, high leverage, run risk, environmental harm from crypto asset mining, and fraudulent activities that harm retail investors and corporations,” the report says. The White House also notes that crypto assets “are the standard form of payment extorted from victims of ‘ransomware,’ whereby a malicious actor hacks an organization and demands payment to release control of the victim’s network and often to purportedly forgo leaking the victim’s stolen data.” Story continues The supposed promise of crypto is that it operates on a peer-to-peer network of computers without an institutional intermediary like a bank or a government. In the White House’s view, that is also its fundamental problem. What accounts for the White House’s newfound hostility? Back when Biden issued his executive order, the crypto industry was worth more than $3 trillion and had been flying high, with stars like Tom Brady and Larry David espousing its benefits in Super Bowl advertisements. Since then, crypto has suffered several high-profile embarrassments, such as the collapse of a so-called “stablecoin” and the crypto exchange FTX, whose founder Sam Bankman-Fried allegedly committed all manner of financial crimes in the course of becoming a media darling. In the past year, the industry has lost about two-thirds of its value — meaning people who invested on Brady’s advice likely lost money. Crypto players had hoped Congress might step in and free the industry from strict regulation by increasingly hostile federal agencies like the Securities and Exchange Commission; the White House suggested in its report that no new laws are needed. “Much of the activity in the crypto asset space is covered by existing regulations and regulators are expanding their capabilities to bring a large number of new entities under compliance,” the White House said. The Blockchain Association, an industry lobbying group, said Tuesday it was disappointed by the White House report. “We urge the Biden administration to consider how it will be remembered: as a leader of profound innovation or a roadblock to a global tech revolution,” Blockchain Association CEO Kristin Smith said in a statement . Sen. Cynthia Lummis (R-Wyo.), a leading cheerleader for crypto on Capitol Hill and herself a major crypto investor, also pushed back against the White House report during an interview with HuffPost, saying the White House should support new legislation to regulate the industry. Lummis then held up her Apple iPhone and directed Siri, the phone’s digital voice assistant, to tell her the current market price of a Bitcoin. Siri complied by saying “$28,700.” (An hour later, Bitcoin’s price fell to around $26,800.) “I would suggest commodities have a value and Bitcoin is a commodity,” Lummis said, satisfied by Siri’s answer. “If a person is looking for short-term gain, it’s the wrong asset to be in. Just like other assets, it should be part of a diversified asset allocation. But to suggest it has no economic benefit or value is absolutely wrong.”... - Reddit Posts (Sample): [['u/daytrader24365', '5 Million members', 166, '2023-05-12 02:47', 'https://www.reddit.com/r/Bitcoin/comments/13f5ngy/5_million_members/', 'I remember when there was not even a million members.....Dying to know the price of Bitcoin when we have 10 Million members', 'https://www.reddit.com/r/Bitcoin/comments/13f5ngy/5_million_members/', '13f5ngy', [['u/8bitdreamer', 22, '2023-05-12 05:37', 'https://www.reddit.com/r/Bitcoin/comments/13f5ngy/5_million_members/jjtwff7/', 'I remember 60,000', '13f5ngy'], ['u/2plash6', 46, '2023-05-12 06:16', 'https://www.reddit.com/r/Bitcoin/comments/13f5ngy/5_million_members/jju0kem/', '5 million is massive, especially compared to the other top subreddits. I never knew Bitcoin on Reddit would be so popular.', '13f5ngy'], ['u/AnOrdinaryMammal', 12, '2023-05-12 06:28', 'https://www.reddit.com/r/Bitcoin/comments/13f5ngy/5_million_members/jju1rtp/', 'I still don’t like the whole 1 Bitcoin = 1 Bitcoin thing. \n\n\n1 Bolivar = 1 Bolivar too. It doesn’t explain anything.', '13f5ngy'], ['u/twoplustwoisyellow', 15, '2023-05-12 07:01', 'https://www.reddit.com/r/Bitcoin/comments/13f5ngy/5_million_members/jju4xep/', '5 million members. 9 comments. I can go to a sub about pretzels only made in Idaho and get more comments in 15 minutes. We need people actively contributing and getting the ball rolling. This thread is interesting to me but here we are. No one even commenting about it.', '13f5ngy'], ['u/quityourcunting', 13, '2023-05-12 07:39', 'https://www.reddit.com/r/Bitcoin/comments/13f5ngy/5_million_members/jju89s8/', 'Idk man. This is the kind of sub that discourages dumb, low effort content. I made a post about having a last call for sub 20k btc when it creeped up from 16k late last year and it was deleted for being a basic post about bitcoin price. I’m guessing Idaho pretzel subs have less stringent standards.', '13f5ngy'], ['u/Farnboroughrd', 24, '2023-05-12 07:50', 'https://www.reddit.com/r/Bitcoin/comments/13f5ngy/5_million_members/jju9787/', 'Bitcoin is my last roll of the dice for financial security for my children,the way things are going here(Australia) inflation (hidden tax) is rising wages haven’t gone up in a decade, electricity is ridiculously expensive, house prices are astronomical, this isn’t how I thought it would be,I thought back in the 70’s that the future would be so much better but it’s not it’s the exact opposite of how it should be.', '13f5ngy'], ['u/FixedGearJunkie', 12, '2023-05-12 16:58', 'https://www.reddit.com/r/Bitcoin/comments/13f5ngy/5_million_members/jjvpuvt/', 'I remember when we hit 1 million. The quality of posts has gone a bit downhill. But I still love this sub.', '13f5ngy'], ['u/BitcoinFan7', 11, '2023-05-12 18:03', 'https://www.reddit.com/r/Bitcoin/comments/13f5ngy/5_million_members/jjvzmvo/', 'The early users were mainly AnCaps and cypherpunks and the discussions were certainly more in depth on topics like economics, libertarianism, and distributed systems. I do miss the meeting of the minds and debate on big ideas but every sub that gains in popularity eventually hits an eternal september where the high level discussions are diluted and the memes proliferate. Not much we can do about it except collectively try to submit more thought provoking content and downvote vapid low effort content.', '13f5ngy']]], ['u/kap89', 'Some perspective on the number of Visa and ACH transfers from my recent r/bitcoin conversation', 19, '2023-05-12 03:12', 'https://www.reddit.com/r/Buttcoin/comments/13f67k8/some_perspective_on_the_number_of_visa_and_ach/', "> Any idea how many transactions are dealt with by visa for example?\n\nIn 2022 fiscal year they processed [192.5 billion transactions](https://annualreport.visa.com/financials/default.aspx), so ~6,104 TPS.\n\nThey claimed total capacity of:\n\n* 24,000 TPS in [2010](https://usa.visa.com/run-your-business/small-business-tools/retail.html)\n* 65,000+ TPS in [2017](https://www.visa.co.uk/dam/VCOM/download/corporate/media/visanet-technology/aboutvisafactsheet.pdf)\n\nSo in general, they should handle all transaction on the fly, with no backlog / mempool.\n\n---\n\n> I guess the difference is that btc transactions are all final settlement, where visa isn’t. I guess I should have asked how many ach bank transfers happen.\n\nWhile it's hard to tell exactly, as there are many clearing houses in the world, here are some stats to give you an idea:\n\n* [US ACH Network](https://en.wikipedia.org/wiki/ACH_Network) in 2018 processed 23 billion transactions, which averages to ~730 TPS,\n\n* [BACS (UK)](https://en.wikipedia.org/wiki/BACS) in 2019 processed 6.5 billion transactions, which averages to ~206 TPS, and while I don't have maximum capacity for any of these institutiions, the linked wiki page mentions maximum transactions processed by BACS in one day as 124 million, which averages to ~1,435 TPS,\n\nIf we approximate from these two data-points (I know, it's a very crude approximation), we would get ~80 million transactions per 1 million citizens per year. Which multiplied by global population would produce ~640 billion transactions per year, which averages to >20,000 TPS, with unknown max capacity (assuming that these system can scale at least to the level of UK record day, you can multiply the final number by at least 7).\n\nOf course economic activity is different in different parts of the world, there are countries where number of ACH transactions is little bigger (probably countries like Japan and South Korea), or much lower (parts of Africa), but as a _future_ world currency, Bitcoin will have to tackle these numbers eventually.", 'https://www.reddit.com/r/Buttcoin/comments/13f67k8/some_perspective_on_the_number_of_visa_and_ach/', '13f67k8', [['u/Nutmeg92', 14, '2023-05-12 05:41', 'https://www.reddit.com/r/Buttcoin/comments/13f67k8/some_perspective_on_the_number_of_visa_and_ach/jjtwuuj/', 'It’s fine, it’s a free market, you can just bid 1000$ to get your grocery payment through in less than 6 hours.', '13f67k8'], ['u/b0b89', 14, '2023-05-12 08:35', 'https://www.reddit.com/r/Buttcoin/comments/13f67k8/some_perspective_on_the_number_of_visa_and_ach/jjucsan/', "You fools you forgot how Bitcoin works. 🙄\n\nYou're focused on the current endless growth of capitalism. A constantly growing number of people buying more and more things. \n\nBitcoin outsmarts the problem. Instead of scaling capacity up it scales demand down. 😎\n\nBy causing an environmental catastrophe that renders much of the earth 🌎 uninhabitable 😳\n\nWho's gonna need thousands of transactions a second when the population is 800 people mostly farming teff and scavenging the ewaste dumps", '13f67k8']]], ['u/Hellboymeep', 'Remaining Music Left (Updated)', 189, '2023-05-12 04:03', 'https://www.reddit.com/r/LilPeep/comments/13f7d5t/remaining_music_left_updated/', 'Hello everyone: To put it short, i decided to make a updated version of this list after such a long time, now that so much material have both been discorvered, released & leaked :)\n\nNow for this post, im only gonna do stuff that haven\'t been heard fully before as i feel like its way more interesting just reading about the unheard stuff, other than stuff that is heard, just not on streaming platforms.\n\nAlso im sorry that around the bottom, there is barely any pics and only links to imgur, however its due to reddit only allowing to post 20 pictures and 5 videos per post.\n\nI will put everthing in yearly order starting with remaining songs on remaining projects, then going to singles & music videos.\n\nI have a pretty strong feeling im missing something, so if there is anything im missing, feel free to comment it below so i can get it added!\n\n\n\nQuick note: I do NOT condone or support the people leaking peeps music, im just posting it on here so that everyone that wants to hear it can. \n\nAlso a short message for Liza, if you see this and want me to take down the links for the leaked stuff, please feel free to comment it under the post, or dm me, and ill will get it all taken down! I never want to be disrespectful in any way🙏❤️\n\n\n\n# Projects:\n\n*GRXXNGHOSTEXENPEEP:\n\nCover: Unknown\n\nTracklist: Unknown\n\nProducer(s): Unknown\n\nDescription: GRXXNGHOSTEXENPEEP was a project that made during the early schemmaposse era in 2016 maybe even a little bit in 2015. In a [Instagram Post](https://www.instagram.com/p/COEY-MSHV4T/) by Jgrxxn he goes over some of his unreleased stuff, (Mainly beats) and we can see the name of the project when he scrolls down. \n\nIn the replies someone asked about what it was, and Jgrxxn said it was a project they were working on. When someone asked if it was lost he said: \'\'Got verses here and there\'\'. Other than that no one knows if its ever gonna release or get heard.\n\n\n\n\n\n\n\nPEEP X CRAIG XEN MIXTAPE:\n\n[Cover For The Peep X Craig Xen Tape, confirmed in dms with Nar On The Track](https://preview.redd.it/5k6za95uq8za1.png?width=709&format=png&auto=webp&v=enabled&s=c4c27d9070f6dfb6f05e8e0440542521e82f2202)\n\nTracklist: \n[Unbreakable](https://youtu.be/Lc68FuxwkJs) \n(Rest unknown)\n\nProducer(s): Nar On The Track\n\nDescription: The peep x craig xen mixtape was recorded in between late 2015 and early 2016. The Mixtape is produced entirely by \'\'Nar on the track\'\'. In a now deleted tweet on 06/27/2017, Nar On The Track posted saying. \'\'This @ Craigxen x @ lil peep tape fully produced by me was pose to be out a year ago\'\'. \n\nIn 2021/2022, a person reached out to Nar On The Track and asked about the tape. Nar On the track said: \'\'Craig Xen stopped replying to my dms years ago and i never got to meet either so i have no idea what happened to the project.\n\n[Deleted tweet from Nar On The Track](https://preview.redd.it/v1qc9udnq8za1.jpg?width=392&format=pjpg&auto=webp&v=enabled&s=0298b733580390f1e7237e57b1f4a856a6ae1324)\n\n\n\n\n\n\n\nPeep Hart EP:*\n\n[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: ['A bright light illuminated the non-fungible tokens scene this week, but was it a near-death experience for NFTs or a beacon of hope? Like a moth to the flame, I\x92m drawn in to investigate. Maybe it\x92s liquidity freshly in traders\x92 hands from Blur\x92s new Blend lending protocol, or perhaps those sweet $PEPE and $TURBO gains are finally trickling back to NFTs, but NFTs just had their best single day of sales since mid-March. It\x92s actually pretty simple to see what happened. The weather in NFTs has been perfect, with good news from established projects, hot tech, a bit of money in traders\x92 pockets from trading meme coins, and a well-timed tweet from none other than the current (and soon-to-be former) chief executive officer of Twitter, Elon Musk. pic.twitter.com/4s6HwnCY74 \x97 Elon Musk (@elonmusk) May 10, 2023 Nobody knew that Musk was preparing a rocket launch this week, but that\x92s exactly what happened when he tweeted a meme from the Milady\xa0Maker\x92s NFT community that has now been viewed over 32 million times. Sales of Milady NFTs exploded and carried the rest of the market with them to a height of US$217 million in sales volume this week. Milady NFT CryptoSlam chart Binance integrated Bitcoin NFTs into their marketplace, giving Ordinals a new way to reach the masses without needing to be a technical wizard to trade them. NFTs on the OG blockchain were red hot, with a new flavor of Ordinal called BRC-20s picking up momentum. BRC-20s are Bitcoin\x92s version of Ethereum\x92s meme coins, but at their core, they\x92re also like an NFT collection. We\x92ll give a technical breakdown of these new Bitcoin Ordinals in a future edition of On Deck. The Bitcoin ecosystem seems to be in \x93up only\x94 mode right now, and when that will end, nobody knows. Ribbit. Bitcoin-Ordinals CryptoSlam chart The Pudgy Penguins project had two announcements this week that added to their feel-good story. First, they announced a new partnership with WME talent agency that brings them closer to movies, games, and other mainstream entertainment. Then the adorable crew followed that up with an announcement that they had raised US$9 million in seed funding. Not bad for a project that was circling the drain before being purchased by the marketing master Luca Schnetzler (Gel Blaster, Vibe Body Care, Cookies n Kicks). Story continues The Pudgy Penguins\x92 NFT sales probably didn\x92t have much of an impact on the market, but the positive news coming in the thick of a bear market was a welcomed bright spot that just for a moment reminded us all that there is real growth happening here. Pudgy Penguins CryptoSlam chart Here\x92s where things get interesting, and if you are a regular reader of On Deck, you already know this re-occurring topic. The Forkast 500 NFT Index reflects the NFT market losing over 8% this week. Yes, high gas fees are largely to blame, but we can\x92t minimize the effect that the NFT casino continues to play. Traders are still trading the way we\x92ve come to expect, as out with the old and in with the new has become the degen\x92s creed. Established projects have continued to lose value and volume, as traders favor the newest drops and the hottest trends.', 'A bright light illuminated the non-fungible tokens scene this week, but was it a near-death experience for NFTs or a beacon of hope?\nLike a moth to the flame, I’m drawn in to investigate.\nMaybe it’s liquidity freshly in traders’ hands from Blur’s new Blend lending protocol, or perhaps those sweet $PEPE and $TURBO gains are finally trickling back to NFTs, but NFTs just had their best single day of sales since mid-March.\nIt’s actually pretty simple to see what happened. The weather in NFTs has been perfect, with good news from established projects, hot tech, a bit of money in traders’ pockets from trading meme coins, and a well-timed tweet from none other than the current (and soon-to-be former) chief executive officer of Twitter, Elon Musk.\nNobody knew that Musk was preparing a rocket launch this week, but that’s exactly what happened when he tweeted a meme from theMilady\xa0Maker’sNFT community that has now been viewed over 32 million times. Sales of Milady NFTs exploded and carried the rest of the market with them to a height of US$217 million in sales volume this week.\nBinance integrated Bitcoin NFTs into their marketplace, giving Ordinals a new way to reach the masses without needing to be a technical wizard to trade them. NFTs on the OG blockchain were red hot, with a new flavor of Ordinal called BRC-20s picking up momentum. BRC-20s are Bitcoin’s version of Ethereum’s meme coins, but at their core, they’re also like an NFT collection. We’ll give a technical breakdown of these new Bitcoin Ordinals in a future edition of On Deck.\nThe Bitcoin ecosystem seems to be in “up only” mode right now, and when that will end, nobody knows. Ribbit.\nThe Pudgy Penguins project had two announcements this week that added to their feel-good story. First, they announced a new partnership with WME talent agency that brings them closer to movies, games, and other mainstream entertainment. Then the adorable crew followed that up with an announcement that they had raised US$9 million in seed funding. Not bad for a project that was circling the drain before being purchased by the marketing master Luca Schnetzler (Gel Blaster, Vibe Body Care, Cookies n Kicks).\nThe Pudgy Penguins’ NFT sales probably didn’t have much of an impact on the market, but the positive news coming in the thick of a bear market was a welcomed bright spot that just for a moment reminded us all that there is real growth happening here.\nHere’s where things get interesting, and if you are a regular reader of On Deck, you already know this re-occurring topic. TheForkast 500 NFT Indexreflects the NFT market losing over 8% this week.\nYes, high gas fees are largely to blame, but we can’t minimize the effect that the NFT casino continues to play. Traders are still trading the way we’ve come to expect, as out with the old and in with the new has become the degen’s creed. Established projects have continued to lose value and volume, as traders favor the newest drops and the hottest trends.', '• US stocks slid on Friday as traders assessed the outlook on the debt ceiling crisis and recession odds.\n• All three indexes ended lower, with the S&P 500 notching its second straight losing week.\n• Meanwhile, Fed Governor Michelle Bowman floated another possible rate hike as inflation is still high.\nUS stocks slid Friday as investors assessed the outlook on the US debt ceiling crisis. All three major indexes ended the day lower, with the S&P 500 notching its second straight losing week.\nPresident Joe Biden was scheduled to meet with other lawmakers on Friday to discuss a possible solution to the debt ceiling crisis, though talks have been postponed until next week. Congress now has just a few weeks to raise the national debt limit before the government could potentially run out of money, perTreasury Secretary Janet Yellen\'s estimate.\nFederal Reserve Governor Michelle Bowman also floated the possibility that the Fed may issue another interest rate hike to tackle high inflation, raising further fears that tighter Fed policy could spark a recession.\nThe University of Michigan consumer sentiment survey dipped to 57.7 in May, its lowest level in six months. Meanwhile, inflation expectations over the next five years rose to 3.2%, the highest level the survey recorded since 2008.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500:4,124.12, down 0.16%\n• Dow Jones Industrial Average:33,300.62, down 0.03% (8.89 points)\n• Nasdaq Composite:12,284.74, down 0.35%\nHere\'s what else is going on:\n• The debt ceiling crisis is "pathetic"since government revenue is near a record high, according to top economist David Rosenberg.\n• Gold jumped ahead of stocksas Americans\' preferred long-term investment.\n• Mega-cap stocks face a bigger sell-offas a recession looms, JPMorgan warned.\n• Dollar dominance is stronger because of sanctions, not weaker, a former US Treasury official said.\n• Big banks could cover 95% of the cost to refill the $16 billion holeblown in the FDIC\'s deposit insurance fund.\n• A recession and a credit crunch could result in $1 trillionof corporate debt defaults, Bank of America warned.\n• Elon Musk stepping down as Twitter CEOmay only be partly positive for Tesla investors, Gene Munster said.\n• Margin debt used to buy stocks has plungedby $329 billion as investors de-risk their exposure to the stock market.\nIn commodities, bonds, and crypto:\n• Oil prices fell.West Texas Intermediatewas down 1% to $70.14 a barrel.Brent crude, the international benchmark, dropped 1% to $74.24 a barrel\n• Goldlost 0.16% to trade at $2,017.10 per ounce\n• The10-year Treasury yieldrose six basis points 3.46%\n• Bitcoinslipped 1.34% to $26,481\nRead the original article onBusiness Insider', 'Brendan McDermid/Reuters US stocks slid on Friday as traders assessed the outlook on the debt ceiling crisis and recession odds. All three indexes ended lower, with the S&P 500 notching its second straight losing week. Meanwhile, Fed Governor Michelle Bowman floated another possible rate hike as inflation is still high. US stocks slid Friday as investors assessed the outlook on the US debt ceiling crisis. All three major indexes ended the day lower, with the S&P 500 notching its second straight losing week. President Joe Biden was scheduled to meet with other lawmakers on Friday to discuss a possible solution to the debt ceiling crisis, though talks have been postponed until next week. Congress now has just a few weeks to raise the national debt limit before the government could potentially run out of money, per Treasury Secretary Janet Yellen\'s estimate . Federal Reserve Governor Michelle Bowman also floated the possibility that the Fed may issue another interest rate hike to tackle high Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-13 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $519,673,942,650 - Hash Rate: 346023367.89415514 - Transaction Count: 575640.0 - Unique Addresses: 553742.0 Social & AI Sentiment: - Fear & Greed Index: 0.48 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The Treasury has scrapped plans for the Royal Mint to create its own non-fungible token - REUTERS/Florence Lo/Illustration/File Photo The Treasury has scrapped plans for the Royal Mint to create its own non-fungible token (NFT). It comes less than a year after Britains coin-maker was tasked with selling the Government-backed token , a controversial project Rishi Sunak had said was an emblem of the forward-looking approach the UK is determined to take. NFTs use technology behind cryptocurrencies such as Bitcoin to confer ownership of digital items such as artwork or virtual clothing. However, the Treasury has confirmed it is no longer proceeding with the NFT launch at this time, following a consultation with the Royal Mint. The proposal will be kept under review, a Royal Mint spokesman said. Economic Secretary Andrew Griffith shared the announcement with Parliament on Monday in response to a written question from Conservative MP Harriett Baldwin, who had asked if creating NFTs remained a Treasury policy. Commenting on the announcement, Ms Baldwin, chair of the Treasury Select Committee, told the BBC: "We have not yet seen a lot of evidence that our constituents should be putting their money in these speculative tokens unless they are prepared to lose all their money. "So perhaps that is why the Royal Mint has made this decision in conjunction with the Treasury." Mr Sunak, then Chancellor, asked the Royal Mint last April to deliver the state-backed NFT by that summer. The token was understood to be a collectable digital artwork, extending the range of existing commemorative coins offered by the Royal Mint. The Mint hoped that creating NFTs would attract a new audience and help customers own digital collectables in a secure and trusted way. It also presented another growth opportunity for the Mint as the UK increasingly moves towards becoming a cashless society, as seen by the Treasurys plans to develop a digital pound . However, the Treasury soon faced backlash after refusing to disclose how much the NFT plans were costing British taxpayers . The decision to abandon the project comes as the value of the NFT market has diminished over the past year, as part of a global rout of digital assets - dubbed the crypto winter. Many cryptocurrencies, which are used to to buy and self NFTs, have sharply dropped in value as investors continue to exit the market still beset by scams and cyber attacks. The price of Bitcoin has fallen nearly 38pc over the past year.... - 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: ['Turkey election For months he had stubbornly resisted calls to step aside and make way for Kemal Kilicdaroglu , the man seeking to become Turkey’s next president at too-close-to-call elections on Sunday 14 May. But then, on Thursday, so late in the day that ballot papers with his name on them had already been printed, Muharrem Ince suddenly backed down. “I am withdrawing from the candidacy. I am doing this for my country,” he said. But not, it transpired, of his own free will. Instead, the 59-year-old insisted, he was the victim of a smear campaign. A sex tape, he said, had been swiped from “an Israeli porn site” and doctored to make it appear as if he was involved. “This is not my private life, it’s slander. It’s not real.” But the effects of his withdrawal could be very real. Though Ince was polling only around 2 per cent ahead of the election, most of his backers are now expected to shift their support to Kilicdaroglu, who is seeking to unseat Turkey’s increasingly autocratic leader Recep Tayyip Erdogan after two decades in power. And with polls putting Kilicdaroglu on 49.3 per cent to Erdogan’s 43.7 per cent, a handful of extra votes is all the challenger needs to cross the 50 per cent threshold and avoid a run-off against an incumbent famed as a political survivor. Yet should it prove decisive, the alleged sex tape would only prove the most dramatic fakery in a campaign that has been marked by misinformation and accusations of foreign meddling – accusations that saw Kilicdaroglu, 74, denounce “montages, plots, [and] Deep Fake tapes” – referring to realistic AI-generated videos of people saying or doing things they haven’t done. Muharrem Ince has suddenly withdrawn from the Turkish presidential race - STR/EPA-EFE/Shutterstock The target of his ire was Russia, long seen as an ally of his electoral opponent Erdogan. And analysts suggest such dirty tricks from Moscow would make sense. “Russia is definitely favouring Erdogan [in the election],” says Galip Dalay at Chatham House. “They have energy and grain deals. Putin can even meet Erdogan, head of a Nato country, and so say he is not isolated and that the Nato front is not united.” Story continues Yet Erdogan subsequently suggested that his rival’s accusations of Russian interference were no more than a ruse to deflect attention from the real culprit. “One of the candidates withdrew,” he said after Ince stood down. “Of course, it is impossible to understand why. What did [Kilicdaroglu] come up with? A tape. How did he do that? All they know is tricks.” And just as Russia has reason to back Erdogan, Israel – provenance of the doctored sex tape, according to its victim – may have reason to see Turkey’s president unseated. “There has been difficulty, real bad blood between Israel and Turkey over the past decade,” says Dalay. “One can assume Israel would back the opposition.” Whatever the truth about foreign meddling, though, there is little doubt that the world is watching Turkey’s election, freighted as it is with stunning geopolitical significance. Turkey has long played what an intelligence source calls “the man in the middle” – trying to leverage its position as both a Nato member and a country with close ties to Moscow. It also has a critical role in controlling the flow of refugees into Europe and, despite Erdogan’s increasingly dictatorial instincts, remains a large Muslim democracy in a region hardly overflowing with them. With the war in Ukraine, however, the stakes have got even higher, as West and East both try to bring the world’s 11th biggest economy further into their camp. “And Turkey,” says the source, “is trying to juggle both sides.” On one hand, Ankara is blocking Sweden’s accession to Nato and buying Russian gas, but on the other, “it isn’t turning a blind eye to weapons smuggled through Turkish territorial waters. And nor has Erdogan started arguing Putin’s case in the Western camp.” Yet if the elections are vital for the world beyond Turkey’s borders, they are also critical for Turkey. The opposition claims they are a chance to restore the country’s battered economy, whose plummeting currency and soaring 40 per cent-plus inflation has created a cost of living crisis that has made many Turks dramatically poorer. Erdogan insists, however, that only he can prevent the restoration of a secular, metropolitan elite dragging the country from its cultural roots. Turkey, he says, can be powerful and prosperous without sliding inexorably Westwards. Erdogan and his wife Emine during the unveiling of the AK Party’s election manifestovvvv - Adem Altan It is a clash of civilisations viewpoint that perhaps explains why his campaign has allegedly stooped to its own video deception, playing film at a rally that appears to stitch together footage from a genuine campaign video by his rival with images of Murat Karayilan, one of the founders of the Kurdish PKK separatists , as if to suggest Kilicdaroglu was endorsed by a group regarded as terrorists by the EU and the US State Department. A German media investigation found that the clips came from two entirely separate videos and the Turkish opposition was not being endorsed by the PKK. Now accusations fly back and forth of truth-bending and image manipulation so voters cannot know if they can trust their eyes. Kilicdaroglu says Erdogan “can make negative propaganda by changing sound and images”, going so far as to suggest his rival is in league with foreign agents, presumably Russian. “We’ve learned that they’ve made agreements with some hackers from abroad and made payments in Bitcoin,” he said. This week he insisted, after directly accusing Russia, via tweet, of meddling: “I wouldn’t tweet if we didn’t have concrete evidence. We find it unacceptable for another country to intervene in Turkey’s election process in favour of a political party. I wanted the whole world to know this.” If there is a deal with Moscow, says the intelligence source, it would represent “classic Russian tactics”. The exchange goes as follows: “If we can help you win the election, if we do you a favour when you’re in power, you’re going to have to do us a favour.” Sophisticated deep fake videos and other visible elements of a disinformation campaign are useful, the source continues, because they help the outside nation behind them, such as Russia, “demonstrate proof that they helped the candidates get elected, firstly to give them leverage when they want to call in favours, and secondly, to use as blackmail if the favours aren’t returned.” Recep Tayyip Erdogan - Anadolu Agency If Turkey’s election is a live demonstration of the destructive havoc that AI and other advanced technologies can wreak on democracies, then democracies themselves can find it hard to respond in kind to such underhand meddling. To intervene in a foreign election, a British deep fake operation would require authorisation at cabinet or prime ministerial level, if it was done at all. “We have the capacity, we just don’t have the policy permissions,” says the source. In an emergency, getting those permissions would take “time and effort. These [Russian] guys can just go and do it in a couple of hours with little or no oversight.” Instead, efforts are directed at “counter disinformation”. “What we can do very quickly is expose the truth.” But in the end even that may not prove enough. “Deep fakes are very worrying,” says the source. “We’re probably already at the stage where a video could emerge of Rishi Sunak declaring war on China and you wouldn’t be able to tell if it was real.” Today, with Europe’s worst fighting in 70 years raging across the Black Sea opposite Turkish shores, such provocative fakes may change the course of elections. Soon they may start the wars themselves. Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month, then enjoy 1 year for just $9 with our US-exclusive offer.', 'Turkey election For months he had stubbornly resisted calls to step aside and make way for Kemal Kilicdaroglu , the man seeking to become Turkey’s next president at too-close-to-call elections on Sunday 14 May. But then, on Thursday, so late in the day that ballot papers with his name on them had already been printed, Muharrem Ince suddenly backed down. “I am withdrawing from the candidacy. I am doing this for my country,” he said. But not, it transpired, of his own free will. Instead, the 59-year-old insisted, he was the victim of a smear campaign. A sex tape, he said, had been swiped from “an Israeli porn site” and doctored to make it appear as if he was involved. “This is not my private life, it’s slander. It’s not real.” But the effects of his withdrawal could be very real. Though Ince was polling only around 2 per cent ahead of the election, most of his backers are now expected to shift their support to Kilicdaroglu, who is seeking to unseat Turkey’s increasingly autocratic leader Recep Tayyip Erdogan after two decades in power. And with polls putting Kilicdaroglu on 49.3 per cent to Erdogan’s 43.7 per cent, a handful of extra votes is all the challenger needs to cross the 50 per cent threshold and avoid a run-off against an incumbent famed as a political survivor. Yet should it prove decisive, the alleged sex tape would only prove the most dramatic fakery in a campaign that has been marked by misinformation and accusations of foreign meddling – accusations that saw Kilicdaroglu, 74, denounce “montages, plots, [and] Deep Fake tapes” – referring to realistic AI-generated videos of people saying or doing things they haven’t done. Muharrem Ince has suddenly withdrawn from the Turkish presidential race - STR/EPA-EFE/Shutterstock The target of his ire was Russia, long seen as an ally of his electoral opponent Erdogan. And analysts suggest such dirty tricks from Moscow would make sense. “Russia is definitely favouring Erdogan [in the election],” says Galip Dalay at Chatham House. “They have energy and grain deals. Putin can even meet Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-14 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $520,973,001,450 - Hash Rate: 415228041.47298616 - Transaction Count: 631677.0 - Unique Addresses: 565005.0 Social & AI Sentiment: - Fear & Greed Index: 0.48 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Join the most important conversation in crypto and web3! Secure your seat today A lesser-known but historically reliable bitcoin price indicator has flipped positive, signaling the onset of a major bull market. Bitcoin's (BTC) reserve-risk multiple has crossed above zero, turning positive for the first time since October 2021, according to blockchain analytics firm Glassnode. The previous crossovers above zero paved the way for parabolic price rallies. "In 2012, 2013, 2015, 2019 and 2020, it resulted in gains of 2,830%, 566%, 6,400%, 99% and 487%, respectively," on-chain analyst Ali MartineztweetedMonday. Glassnode defines reserve risk as a long-term cyclical indicator, comparing the incentive to sell at the going market price with long-term holders resisting the temptation to liquidate. A lower reading indicates strong conviction among "HODLers" – slang for long-term crypto investors – and vice versa. The reserve-risk multiple is calculated by dividing the daily indicator value by its 365-day moving average. The reserve-risk multiple's previous crossovers above and below zero accurately predicted major bullish and bearish trends. If history is a guide, the latest positive crossover means the cryptocurrency's 80% year-to-date rally to 10-month highs above $30,000 may be only the first milestone in its upward journey. The bullish implication is consistent with bitcoin's tendencyto chalk upoutsized rallies in the months leading up to the mining reward halving. This programmed code reduces the pace of the cryptocurrency's supply expansion by 50% every four years. Bitcoin's fourth reward halvingis duein April next year.... - Reddit Posts (Sample): [['u/FairBlamer', 'The perfect reply to “Bitcoin has no value” (use it, spread it)', 15, '2023-05-14 00:11', 'https://www.reddit.com/r/Bitcoin/comments/13gubel/the_perfect_reply_to_bitcoin_has_no_value_use_it/', 'Anytime anyone says bitcoin doesn’t have value, here’s how I reply:\n\n>“Billions of people around the world don’t have the luxury to access dollars. For them, bitcoin is a lifeline. [Here is a letter from 21 human rights activists from 20 different countries to the US congress explaining why bitcoin helps the struggle for global freedom.](https://www.financialinclusion.tech/)”\n\n—————\n\nEffectiveness against different types of bitcoin critics:\n\n# (TYPE 1) Bigot Class\n\nDescription: Fomenting, extreme hardcore anti-bitcoiners who have aneurysms when they see or hear the word bitcoin\n\nThese folks won’t change their mind no matter what you say. However, when they see the above, even they have no comeback whatsoever, so they just downvote you and don’t reply.\n\nResult: Extremely Effective\n\n\n\n# (TYPE 2) Sneer Class\n\nDescription: Anti-bitcoin echo chamber cheerleaders\n\nThese are people who enjoy social clout from sneering at bitcoin but don’t actually have a lot of experience thinking very deeply about pro- or even anti- bitcoin talking points.\n\nWhen faced with the above, they can’t think of any socially acceptable counter-sneer. So they silently read and don’t upvote or downvote, instead retreating to other topics with a newly found respect for bitcoin, even if only a mild one.\n\nResult: Extremely Effective\n\n\n\n# (TYPE 3) Normie Class\n\nDescription: Never thought much about bitcoin, just regurgitate headlines and popular anti-bitcoin talking points to fit in\n\nThis represents the vast majority of people who say bitcoin has no value. When they are confronted with such compelling evidence from respectable authorities on the subject of human rights, they often upvote the comment and sometimes even reply back with genuine interest, saying things like “thank you for sharing this” or “I didn’t know this about bitcoin” or “I can’t believe more people aren’t talking about this”.\n\nResult: Extremely Effective\n\n—————\n\nTL;DR \\- The above copy/paste comment succinctly and effectively dismantles anti-bitcoin critics of all kinds.\n\nUse it, spread it.', 'https://www.reddit.com/r/Bitcoin/comments/13gubel/the_perfect_reply_to_bitcoin_has_no_value_use_it/', '13gubel', [['u/BusinessBreakfast3', 12, '2023-05-14 01:45', 'https://www.reddit.com/r/Bitcoin/comments/13gubel/the_perfect_reply_to_bitcoin_has_no_value_use_it/jk24jul/', 'I usually say: send me 1 for free', '13gubel']]], ['u/AGOTFAN', '🇨🇳 Fast X first day presale still only ~20% of F9. If no significant improvement in the next 3 days & WoM is bad, then even lower than #GotGVol3 total could happen.', 66, '2023-05-14 01:12', 'https://www.reddit.com/r/boxoffice/comments/13gvri2/fast_x_first_day_presale_still_only_20_of_f9_if/', 'Source: \nhttps://twitter.com/bulletproofsqui/status/1657417600341774337?t=-BTcw_f2R6s1ybCXqy3i3g&s=19', 'https://i.imgur.com/37ReZXl.png', '13gvri2', [['u/ALHOWE6', 13, '2023-05-14 01:18', 'https://www.reddit.com/r/boxoffice/comments/13gvri2/fast_x_first_day_presale_still_only_20_of_f9_if/jk21aaw/', 'This disputes what Firefox posted which showed about a 10% increase in presales vs F9.', '13gvri2'], ['u/REQ52767', 29, '2023-05-14 01:40', 'https://www.reddit.com/r/boxoffice/comments/13gvri2/fast_x_first_day_presale_still_only_20_of_f9_if/jk23z8k/', 'As was the case for Guardians 3, this movie is screwed if it isn’t good. If it’s good, it’ll overcome and be a hit like Guardians.', '13gvri2'], ['u/Secure_Ad1628', 12, '2023-05-14 01:45', 'https://www.reddit.com/r/boxoffice/comments/13gvri2/fast_x_first_day_presale_still_only_20_of_f9_if/jk24krx/', 'This is first day only, I think Firefox posts full presales apart from OD', '13gvri2'], ['u/and_dont_blink', 13, '2023-05-14 04:56', 'https://www.reddit.com/r/boxoffice/comments/13gvri2/fast_x_first_day_presale_still_only_20_of_f9_if/jk2pwp2/', 'family fatigue', '13gvri2']]], ['u/ljapa', 'It’s absolutely amazing that there is over $1.3B in Casascius coins not redeemed', 33, '2023-05-14 05:00', 'https://www.reddit.com/r/Bitcoin/comments/13h0oyz/its_absolutely_amazing_that_there_is_over_13b_in/', 'At current pricing [the unredeemed Casascius coins are valued at over $1.3 billion dollars](https://casascius.uberbills.com/).\n\nOver 1/3 of that is in 1000 bitcoin coins and bars. \n\nI find it amazing for a number of reasons. It seems pretty clear that Mike Caldwell was legit. More value has been redeemed than hasn’t. That means redemption works. There’s also been no claims I’ve ever heard of that it didn’t work, meaning Mike didn’t keep any keys. \n\nEven a 0.1 Casascius coin represents $2600+ dollars. Unlike a hardware wallet where you can backup your seed, each coin is a single point of failure. I’d have to imagine the larger ones are in safes, but I still wonder how a plastic hologram would hold up in a fire, even in a safe. I can’t imagine owning one of the remaining 1,000 BTC coins/bars and being comfortable protecting that value. Of course, even with my DCA, I’ll never have that much net worth. \n\nIn 2011, when the coins were first produced, [bitcoin peaked at $30](https://www.sofi.com/learn/content/bitcoin-price-history/). On the one hand, I can imagine some of those early Casascius coins being lost because they weren’t worth much, but on the other hand, I can’t imagine someone buying one in 2011 who wasn’t a true believer. \n\nI’m still amazed $1.3B is locked up in unredeemed ones.', 'https://www.reddit.com/r/Bitcoin/comments/13h0oyz/its_absolutely_amazing_that_there_is_over_13b_in/', '13h0oyz', [['u/NvrIdle', 34, '2023-05-14 06:07', 'https://www.reddit.com/r/Bitcoin/comments/13h0oyz/its_absolutely_amazing_that_there_is_over_13b_in/jk2wybi/', 'The newbies here most likely don’t even know what casascious coins even are. Those were the days. Mike Caldwell was ahead of his time and got nothing but heat from the US government for creating them. He was also one of the first people to seriously mine bitcoin with GPU’s. He made multiple YouTube video’s on his mining setup back in the day and paved the way for a lot us to do the same until AICS’s came out. \n\nMike is just about as OG as they get in bitcoin, and I’ve got nothing but respect. Hats off to the guy. Thanks for everything you’ve done Mike!', '13h0oyz']]], ['u/AutoModerator', '[Daily Discussion] - Sunday, May 14, 2023', 26, '2023-05-14 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/13h1xa1/daily_discussion_sunday_may_14_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\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/13h1xa1/daily_discussion_sunday_may_14_2023/', '13h1xa1', [['u/skycake21', 10, '2023-05-14 07:19', 'https://www.reddit.com/r/BitcoinMarkets/comments/13h1xa1/daily_discussion_sunday_may_14_2023/jk332s1/', 'Sell in may and go away..\nHere comes July, set orders to buy...', '13h1xa1'], ['u/Essexal', 11, '2023-05-14 09:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/13h1xa1/daily_discussion_sunday_may_14_2023/jk3arkw/', 'Under 28 is still cheap ;-)', '13h1xa1'], ['u/viralhysteria', 11, '2023-05-14 12:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/13h1xa1/daily_discussion_sunday_may_14_2023/jk3qzby/', "it's kinda funny you're so confidently saying 25.3 is the start of the support area when I literally had to tell you why 25.3 was even support to begin with like a day ago. what if I was wrong? \n\nthere are way too many certainties in your post, focus on what's happening now. \n\nif we continue to hold 26.6-26.9 for at least another day or two there's a pretty high chance we could easily test low 28s before resuming the downtrend if we didn't bottom yesterday. We're pretty close to invalidating the downtrend as it is so unless we start picking up momentum again my bias is starting to lean neutral/cautiously optimistic.", '13h1xa1'], ['u/dopeboyrico', 18, '2023-05-14 14:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/13h1xa1/daily_discussion_sunday_may_14_2023/jk3x9y3/', 'Decision on the debt ceiling.\n\nThe House and Senate are both in session at the same time only through the 18th this week before the x date. After that the House and Senate are in session on non-overlapping days through the x date.\n\nX date is as early as June 1st. When the x date occurs, if a decision is not yet made, the government would no longer be able to pay all of their obligations on time. Treasury bonds would most likely be prioritized to avoid a technical default but Social Security, Medicare, tax refunds, and military salaries would likely end up getting delayed.\n\nCongress is going to end up raising the debt ceiling last minute but the closer we get to the x date with no decision made, the more volatile markets will be as people start to get fearful and price in the severe repercussions of not raising the debt ceiling.', '13h1xa1'], ['u/btchodler4eva', 10, '2023-05-14 16:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/13h1xa1/daily_discu... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 was trading over $27K to recover some lost ground from its plunge last week.\nInsights:The stablecoin supply ratio drop of the past 11 days suggests a potential increase in buying power for stablecoins.\nCoinDesk Market Index (CMI)\n1,158\n+8.4▲0.7%\nBitcoin (BTC)\n$27,165\n+433.8▲1.6%\nEthereum (ETH)\n$1,820\n+23.6▲1.3%\nS&P 500\n4,124.08\n−6.5▼0.2%\nGold\n$2,020\n+5.4▲0.3%\nNikkei 225\n29,388.30\n+261.6▲0.9%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,158", "+8.4\\u25b20.7%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$27,165", "+433.8\\u25b21.6%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,820", "+23.6\\u25b21.3%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,124.08", "\\u22126.5\\u25bc0.2%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$2,020", "+5.4\\u25b20.3%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["29,388.30", "+261.6\\u25b20.9%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nHopeful Signs for BTC at $27K\nAfter seven days of plunging prices, bitcoin steadied.\nThe largest cryptocurrency by market capitalization was recently trading at about $27,165, up 1.1% over the past 24 hours and a little above where it stood when the weekend began. BTC remains down more than 10% since May 5 when it started its most recent swoon, the result of profit-taking and low liquidity against a backdrop of industry-focused and macroeconomic uncertainties.\n"Financial markets in general (are) driven by risk, by liquidity, and so, not surprising right now, when people are fearing risk assets as a whole, we\'re seeing large swaths of selling," Ryan Rasmussen, an analyst for crypto fund manager Bitwise, told CoinDesk TV\'s "First Mover" program on Friday.\n"When there\'s less liquidity, you\'re going to have larger swings in price whenever an asset (is) sold." But he added: "There will be more liquidity come into crypto."\nEther, the second largest crypto in market value, was changing hands near $1,800, down a few fractions of a percentage point and about the same level as early Saturday. Other major cryptos moved into green territory as the Asia trading week began with Litecoin recently up more than 5.7%. TheCoinDesk Market Index, a measure of the crypto market\'s performance, was up 0.8%.\nLeading Asia indexes were mixed with the Nikkei up about 0.5% but the Hang Seng down 0.2%. Rasmussen noted the declining correlation between crypto and traditional asset markets, which were mixed last week with the tech heavy Nasdaq Composite up slightly over the most recent five days but the S&P 500 and Dow Jones Industrial Average (DJIA) falling 0.2% and 1.1%, respectively.\n"Any kind of mistrust in traditional financial systems plays into the hands of crypto," Rasmussen said, adding: "I\'m happy to see the correlation fall between traditional risk assets, traditional equities and crypto."\nIn an email to CoinDesk, Joe DiPasquale, the CEO of crypto fund manager BitBull Capital, noted that the current "macroeconomic situation around the world is creating a conducive environment for crypto assets to thrive."\nThis week, DiPasquale is looking for bitcoin\'s price to hold steady in a range between $25,000 and $27,000 "before bouncing toward $30K again."\n"We don’t think the market needs a catalyst in the immediate term," he wrote. "It is only a matter of time before we see another major rally."\n[{"Asset": "Gala", "Ticker": "GALA", "Returns": "+5.3%", "DACS Sector": "Entertainment"}, {"Asset": "Terra", "Ticker": "LUNA", "Returns": "+3.7%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Cardano", "Ticker": "ADA", "Returns": "+2.4%", "DACS Sector": "Smart Contract Platform"}]\n[{"Asset": "Cosmos", "Ticker": "ATOM", "Returns": "\\u22120.5%", "DACS Sector": "Smart Contract Platform"}]\nWhat Does the Recent Stablecoin Supply Ratio Mean for Bitcoin?\nThe Stablecoin Supply Ratio (SSR) has declined approximately 11% over the most recent 11 days, indicating a potential increase in buying pressure for bitcoin.\nThe metric, which measures the ratio of bitcoin’s market capitalization to the market cap of stablecoins, gives insight into the supply-and-demand dynamics between stablecoins (used as a vehicle to purchase cryptocurrencies) and BTC itself.\nA higher SSR indicates that buying power is weakening, while lower values indicate that buying power is increasing.\nThe recent SSR drop follows a 52% increase between March and May 5. The pivot indicates that additional cash or liquid reserves have entered the market, and could lead to higher BTC prices.\n3:00 p.m. HKT/SGT(7:00 UTC)Eurogroup Meeting\n4:30 p.m. HKT/SGT(8:30 UTC)Bank of England Monetary Policy Report Hearings\n5:00 p.m. HKT/SGT(9:00 UTC)Eurozone Industrial Production s.a. (MoM/March)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nBitcoin Touches 2-Month Low; Do Kwon Set To Be Released From Montenegro Jail\nBitcoin (BTC) continued to lose ground in the wake of CoinDesk\'s Bitcoin Trend Indicator, shedding the bullish bias for the first time in three weeks. Bitwise crypto analyst Ryan Rasmussen shared his markets analysis. Separately, Terraform Labs founder Do Kwon was set to be released from Montenegro jail on supervised bail as his trial on document forgery charges continues. Plus, Chia Network CEO and President Gene Hoffman discussed the blockchain and smart-contract platform\'s plans to go public. Wormhole Foundation head of operations Dan Reecer also joined the conversation.\nBinance Announces Exit from Canada, Citing Regulatory Tensions:The world’s largest crypto exchange by volume said new guidance related to stablecoins and investor limits prompted the exit.\nEthereum Resumes Finalizing Blocks after Second Performance Hiccup in 24 Hours:When blocks are not being finalized, it is possible that pending transactions might be re-ordered or dropped from the network. Developers haven\'t determined the source of the hold-ups, but they are urging for calm amidst the concern and uncertainty.\nAmong Bitcoin Developers, Debate Is Raging Over Whether to Censor Ordinals BRC-20s:Despite calls for censorship, many developers agree that maintaining the status quo is the right thing to do for now.\nMakerDAO Founder Proposes Plan for Upgraded Versions of DAI Stablecoin, Governance Token:Rune Christensen also proposed to incorporate artificial intelligence-assisted processes into Maker’s governance.\nHouse Democrats Consider New Stablecoin Bill Proposal, Source:The proposal comes weeks after Republicans introduced their own discussion draft of a new bill.', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin was trading over $27K to recover some lost ground from its plunge last week.\nInsights:The stablecoin supply ratio drop of the past 11 days suggests a potential increase in buying power for stablecoins.\nCoinDesk Market Index (CMI)\n1,158\n+8.4▲0.7%\nBitcoin (BTC)\n$27,165\n+433.8▲1.6%\nEthereum (ETH)\n$1,820\n+23.6▲1.3%\nS&P 500\n4,124.08\n−6.5▼0.2%\nGold\n$2,020\n+5.4▲0.3%\nNikkei 225\n29,388.30\n+261.6▲0.9%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,158", "+8.4\\u25b20.7%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$27,165", "+433.8\\u25b21.6%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,820", "+23.6\\u25b21.3%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,124.08", "\\u22126.5\\u25bc0.2%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$2,020", "+5.4\\u25b20.3%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["29,388.30", "+261.6\\u25b20.9%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nHopeful Signs for BTC at $27K\nAfter seven days of plunging prices, bitcoin steadied.\nThe largest cryptocurrency by market capitalization was recently trading at about $27,165, up 1.1% over the past 24 hours and a little above where it stood when the weekend began. BTC remains down more than 10% since May 5 when it started its most recent swoon, the result of profit-taking and low liquidity against a backdrop of industry-focused and macroeconomic uncertainties.\n"Financial markets in general (are) driven by risk, by liquidity, and so, not surprising right now, when people are fearing risk assets as a whole, we\'re seeing large swaths of selling," Ryan Rasmussen, an analyst for crypto fund manager Bitwise, told CoinDesk TV\'s "First Mover" program on Friday.\n"When there\'s less liquidity, you\'re going to have larger swings in price whenever an asset (is) sold." But he added: "There will be more liquidity come into crypto."\nEther, the second largest crypto in market value, was changing hands near $1,800, down a few fractions of a percentage point and about the same level as early Saturday. Other major cryptos moved into green territory as the Asia trading week began with Litecoin recently up more than 5.7%. TheCoinDesk Market Index, a measure of the crypto market\'s performance, was up 0.8%.\nLeading Asia indexes were mixed with the Nikkei up about 0.5% but the Hang Seng down 0.2%. Rasmussen noted the declining correlation between crypto and traditional asset markets, which were mixed last week with the tech heavy Nasdaq Composite up slightly over the most recent five days but the S&P 500 and Dow Jones Industrial Average (DJIA) falling 0.2% and 1.1%, respectively.\n"Any kind of mistrust in traditional financial systems plays into the hands of crypto," Rasmussen said, adding: "I\'m happy to see the correlation fall between traditional risk assets, traditional equities and crypto."\nIn an email to CoinDesk, Joe DiPasquale, the CEO of crypto fund manager BitBull Capital, noted that the current "macroeconomic situation around the world is creating a conducive environment for crypto assets to thrive."\nThis week, DiPasquale is looking for bitcoin\'s price to hold steady in 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: 2023-05-15 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $533,181,080,000 - Hash Rate: 350796104.00304 - Transaction Count: 526379.0 - Unique Addresses: 579485.0 Social & AI Sentiment: - Fear & Greed Index: 0.50 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Join the most important conversation in crypto and web3! Secure your seat today Bitcoin (BTC) hung precariously around $30,000 Wednesday afternoon after the latestConsumer Price Index (CPI) reportshowed inflation cooling slightly but not by as much as economists had expected. The largest cryptocurrency by market capitalization was recently at $30,030, off a few fractions of a percentage point over the past 24 hours, according to CoinDesk’s data. BTC’s price reached as high as $30,548 earlier Wednesday after the Bureau of Labor Statistics’ much-watched inflation reading showed the CPI rising 0.1% increase in March, slower than economists' 0.2% forecast for the month and then February’s 0.4% reading. On a year-over-year basis, the CPI was higher by 5%, down from 6% in February and against expectations of 5.2%. BTC's profit-taking is "intensifying" following the report, Edward Moya, senior market analyst at foreign exchange Oanda, wrote in a Wednesday note. “It seems the momentum rally for bitcoin might be over for now,” Moya wrote. “Inflation hedge and or a breaking of its correlation from equities might subside for a while.” He added that BTC looks poised to consolidate as "it will clearly need a robust catalyst to keep the rally going.” Ether (ETH), the second-largest cryptocurrency in market value, was recently trading at $1,914, up 0.3% from Tuesday, same time. Validators and market watchers are eyeing Ethereum’sShanghai (or Shapella) upgrade, which is scheduled to go live at 6:27 p.m. ET (22:27 UTC). Read more:LIVE BLOG: Ethereum's Shanghai Upgrade Crypto analysts and tradersare split on the event’smarket impact with some expecting ETH selling pressure to send the token’s price downward, but others foreseeing little significant price impact. “While there is plenty of short-term concern around what happens once staked ETH is unlocked, long term the ability to enter and exit at will opens the doors for new entrants to the market that may have been wary of locking their funds for an indeterminate period of time,” Jim Myers, founder and chief technology officer at blockchain analytics platform Flipside Crypto, told CoinDesk in an email. BTC and ETH have risen by more than 6% and 4%, respectively, in the past seven days. TheCoinDesk Market Index(CMI), which measures the overall crypto market performance, was down 0.2% for the day but rose by 2.2% in the past seven days. Equity markets turned mixed on Wednesday afternoon. The S&P 500 and Dow Jones Industrial Average (DJIA) were recently trading up 0.3% and 0.5%, respectively. The tech-heavy Nasdaq was almost flat.... - 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 was stable around $27,300. Insights: Funding rates on bitcoin and ether perpetual futures, often an indication of sentiment, remain positive. Prices CoinDesk Market Index (CMI) 1,169 +12.5 ▲ 1.1% Bitcoin (BTC) $27,170 +253.1 ▲ 0.9% Ethereum (ETH) $1,817 +17.0 ▲ 0.9% S&P 500 4,136.28 +12.2 ▲ 0.3% Gold $2,020 +5.7 ▲ 0.3% Nikkei 225 29,626.34 +238.0 ▲ 0.8% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,169 +12.5 ▲ 1.1% Bitcoin (BTC) $27,170 +253.1 ▲ 0.9% Ethereum (ETH) $1,817 +17.0 ▲ 0.9% S&P 500 4,136.28 +12.2 ▲ 0.3% Gold $2,020 +5.7 ▲ 0.3% Nikkei 225 29,626.34 +238.0 ▲ 0.8% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Quiet market translates to less bullish energy Crypto markets were quiet, and prices for both bitcoin ( BTC ) and ether ( ETH ) were trading below their 20-day moving average . As CoinDesk markets analyst Glenn Williams Jr. wrote, trading volumes will be key to watch, since they could amplify or mute the sentiment behind any directional move. According to Jeff Dorman, chief investment officer at the digital-asset manager Arca, so-called bid/ask spreads – the difference between the price a buyer is willing to pay and what a seller will accept – is wide, especially after some market makers quit crypto. "The prices of most digital assets are stuck in a wind tunnel," Dorman in a newsletter. In traditional finance , stock-market action was muted as traders try to handicap the odds of whether U.S. lawmakers can agree on a plan to avoid a default by the federal government, with the Treasury\'s borrowings moving closer to the official limit. Biggest Gainers Asset Ticker Returns DACS Sector Raydium RAY +4.41% DeFi ARPA ARPA +3.25% Computing OMG Network OMG +1.76% Smart Contract Platform Biggest Losers Asset Ticker Returns DACS Sector Lido DAO LDO -10.04% DeFi The Graph GRT -9.05% Computing Liquity LQTY -8.23% DeFi Insights Funding rates remain positive in crypto markets Perpetual futures funding rates remain positive for both bitcoin and ether, a sign that sentiment in the market remains positive for the moment. Story continues Funding rates on bitcoin perpetual futures. (Glassnode) Perpetual funding rates represent payments within the futures markets between participants who are long or short the asset. When funding rates are positive, holders of long positions pay a fee to holders of short positions. When funding rates are negative, the opposite is the case. The interpretation is that funding rates can often indicate bullish or bearish sentiment, with the former represented by positive rates, and the latter represented by negative ones. For bitcoin funding rates have been positive in 8 of the most recent 10 trading days. Ether by comparison has shown positive funding rates in 7 of the most recent days, declining to zero 3 times, but not falling below zero since April 6. Important events. 10:00 a.m. HKT/SGT(2:00 UTC) China Retail Sales (YoY/April) 2:00 p.m. HKT/SGT(6:00 UTC) United Kingdom Claimant Count Change (April) 8:30 p.m. HKT/SGT(12:30 UTC) Bank of Canada Consumer Price Index Core (YoY/April) CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Bitcoin Bounces Back Above $27K; Binance Plans Exit From Canada Bitcoin (BTC) was trading over $27,000, recovering some lost ground after its plunge last week. This came as crypto exchange Binance announced that it would cease operations in Canada, citing the challenging regulatory environment. Dunleavy Investment Research crypto strategist Tom Dunleavy shared his markets analysis. Separately, EY Global blockchain leader Paul Brody discussed the professional services giant starting an Ethereum-based platform for enterprises to track their carbon emissions and carbon credit traceability. Christoph Jentzsch, corpus.ventures CEO and Slock.it founder, also joined the conversation. Headlines Weekly DEX Volume on BNB Chain Hits Highest in a Year : Lower fees and Binance’s popularity are among the reasons noted by market analysts. Bitcoin Rewards Company Fold Expands to El Salvador, Brushing Off Jump in On-chain Fees : The firm says El Salvador will serve as its base for operations in Latin America. Polygon Co-Founder Launches Web3 Fellowship Program : Sandeep Nailwal will invest $500,000 of his personal capital on a new cohort each year. South Korea Probes Crypto Exchanges Upbit, Bithumb on Ex-Lawmaker\'s Transfers : Lawmaker Kim Nam-kuk resigned from the main opposition party after his crypto transfers incited controversy. Bankrupt Crypto Lender Celsius Transfers $75M of Ether to Staking Service Figment : The maneuver represents one of the largest transfers of funds for Celsius Network since it filed for bankruptcy protection in July.', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin was stable around $27,300.\nInsights:Funding rates on bitcoin and ether perpetual futures, often an indication of sentiment, remain positive.\nCoinDesk Market Index (CMI)\n1,169\n+12.5▲1.1%\nBitcoin (BTC)\n$27,170\n+253.1▲0.9%\nEthereum (ETH)\n$1,817\n+17.0▲0.9%\nS&P 500\n4,136.28\n+12.2▲0.3%\nGold\n$2,020\n+5.7▲0.3%\nNikkei 225\n29,626.34\n+238.0▲0.8%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,169", "+12.5\\u25b21.1%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$27,170", "+253.1\\u25b20.9%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,817", "+17.0\\u25b20.9%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,136.28", "+12.2\\u25b20.3%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$2,020", "+5.7\\u25b20.3%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["29,626.34", "+238.0\\u25b20.8%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nQuiet market translates to less bullish energy\nCrypto markets were quiet, and prices for both bitcoin (BTC) and ether (ETH) weretrading below their 20-day moving average.\nAs CoinDesk markets analyst Glenn Williams Jr. wrote, trading volumes will be key to watch, since they could amplify or mute the sentiment behind any directional move.\nAccording to Jeff Dorman, chief investment officer at the digital-asset manager Arca, so-called bid/ask spreads – the difference between the price a buyer is willing to pay and what a seller will accept – is wide, especially after somemarket makers quit crypto.\n"The prices of most digital assets are stuck in a wind tunnel," Dorman in a newsletter.\nIntraditional finance, stock-market action was muted as traders try to handicap the odds of whether U.S. lawmakers can agree on a plan to avoid a default by the federal government, with the Treasury\'s borrowings moving closer to the official limit.\n[{"Asset": "Raydium", "Ticker": "RAY", "Returns": "+4.41%", "DACS Sector": "DeFi"}, {"Asset": "ARPA", "Ticker": "ARPA", "Returns": "+3.25%", "DACS Sector": "Computing"}, {"Asset": "OMG Network", "Ticker": "OMG", "Returns": "+1.76%", "DACS Sector": "Smart Contract Platform"}]\n[{"Asset": "Lido DAO", "Ticker": "LDO", "Returns": "-10.04%", "DACS Sector": "DeFi"}, {"Asset": "The Graph", "Ticker": "GRT", "Returns": "-9.05%", "DACS Sector": "Computing"}, {"Asset": "Liquity", "Ticker": "LQTY", "Returns": "-8.23%", "DACS Sector": "DeFi"}]\nFunding rates remain positive in crypto markets\nPerpetual futures funding rates remain positive for both bitcoin and ether, a sign that sentiment in the market remains positive for the moment.\nPerpetual funding rates represent payments within the futures markets between participants who are long or short the asset. When funding rates are positive, holders of long positions pay a fee to holders of short positions. When funding rates are negative, the opposite is the case.\nThe interpretation is that funding rates can often indicate bullish or bearish sentiment, with the former represented by positive rates, and the latter represented by negative ones.\nFor bitcoin funding rates have been positive in 8 of the most recent 10 trading days. Ether by comparison has shown positive funding rates in 7 of the most recent days, declining to zero 3 times, but not falling below zero since April 6.\n10:00 a.m. HKT/SGT(2:00 UTC)China Retail Sales (YoY/April)\n2:00 p.m. HKT/SGT(6:00 UTC)United Kingdom Claimant Count Change (April)\n8:30 p.m. HKT/SGT(12:30 UTC)Bank of Canada Consumer Price Index Core (YoY/April)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nBitcoin Bounces Back Above $27K; Binance Plans Exit From Canada\nBitcoin (BTC) was trading over $27,000, recovering some lost ground after its plunge last week. This came as crypto exchange Binance announced that it would cease operations in Canada, citing the challenging regulatory environment. Dunleavy Investment Research crypto strategist Tom Dunleavy shared his markets analysis. Separately, EY Global blockchain leader Paul Brody discussed the professional services giant starting an Ethereum-based platform for enterprises to track their carbon emissions and carbon credit traceability. Christoph Jentzsch,corpus.venturesCEO andSlock.itfounder, also joined the conversation.\nWeekly DEX Volume on BNB Chain Hits Highest in a Year:Lower fees and Binance’s popularity are among the reasons noted by market analysts.\nBitcoin Rewards Company Fold Expands to El Salvador, Brushing Off Jump in On-chain Fees:The firm says El Salvador will serve as its base for operations in Latin America.\nPolygon Co-Founder Launches Web3 Fellowship Program:Sandeep Nailwal will invest $500,000 of his personal capital on a new cohort each year.\nSouth Korea Probes Crypto Exchanges Upbit, Bithumb on Ex-Lawmaker\'s Transfers:Lawmaker Kim Nam-kuk resigned from the main opposition party after his crypto transfers incited controversy.\nBankrupt Crypto Lender Celsius Transfers $75M of Ether to Staking Service Figment:The maneuver represents one of the largest tr Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-16 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $522,720,148,425 - Hash Rate: 365114312.3296948 - Transaction Count: 566462.0 - Unique Addresses: 625496.0 Social & AI Sentiment: - Fear & Greed Index: 0.54 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Hear ye, hear ye! Just in time for the coronation of King Charles III and Queen Camilla on May 6, the Evening Standard newspaper has teamed with digital artist Trevor Jones to launch a free collection of commemorative Ethereum NFT celebrating the event on Nifty Gateway. Created in collaboration with Apollo NFT, “The Oath” can be claimed directly on Nifty Gateway or by using a QR code printed in the newspaper. The QR codes are also posted on billboards along Oxford Street, for those travelling to the capital to take part in the celebrations in person. But before you let the FOMO set in, the NFTs won’t be minted and delivered to collectors' wallets until May 7. “With the eyes of the world on London this weekend, we are extremely proud to collaborate with Trevor Jones and celebrate this iconic moment for our city,” Evening Standard CEO Charles Yardley said. “Trevor’s NFT depicts imagery representing centuries of tradition and history, in a format that represents how the modern world is democratising art for both artists and collectors.” The Oath NFT began as a physical painting by Jones in his Edinburgh studio. The artwork depicts Saint Edward’s Crown , worn by Queen Elizabeth II in her 1953 coronation. “With Layer-2 in play now and the carbon footprint down 99.99%, there’s no longer an environmental issue with using the Ethereum blockchain,” Jones told Decrypt . “More importantly, however, I saw this as a fantastic opportunity to onboard new collectors into the NFT art scene, which is currently hitting quite the lows from the last couple of years.” Layer-2 refers to a protocol built on a blockchain like Immuntable X or the Bitcoin Lightning Network. This looks incredible! @W1curates lighting up Oxford St., London with the NFT artwork 'The Oath' celebrating the King's #Coronation . Claim your free edition of the NFT here 👇 👑 https://t.co/n0uEBYTnAd In partnership with @EveningStandard & @ApolloNft #CoronationWeekend pic.twitter.com/w0hWHDhkqm — Trevor Jones 🎨 (@trevorjonesart) May 4, 2023 “Dropping on Nifty Gateway meant that anyone could register an account simply with an email address and mint their first NFT artwork,” Jones said, adding that he wanted the process to be as simple as possible for collectors minting their first NFT. Story continues The Evening Standard joins other media outlets making the leap into Web3, including TIME , GQ , and Playboy . The Oath isn't the first NFT mint to commemorate the British royal family. In September, following the passing of Queen Elizabeth II, an NFT collection, QueenE by Web3 builders Fabio Sevá, Vinícius Rodrigues, Everton Matumoto, and the pseudonymous mladen.eth, was launched to celebrate the life of England’s longest (1952-2022) reigning monarch. Non-fungible tokens, NFTs , are cryptographically unique tokens linked to digital and physical content, providing proof of ownership, authenticity, or membership in a group. Previous collections by Jones include Bitcoin Angels, Man vs. Machine with rap icon Ice Cube, and Picasso’s Bull .... - Reddit Posts (Sample): [['u/tenthousandbottles', "Why aren't people screaming about the 250k unconfirmed BTC transactions and high fees?", 28, '2023-05-16 00:31', 'https://www.reddit.com/r/btc/comments/13imtsf/why_arent_people_screaming_about_the_250k/', "Also, [https://twitter.com/udiWertheimer/status/1657085665148821506](https://twitter.com/udiWertheimer/status/1657085665148821506)\n\nThis Udi guy won't deny that Craig Wright is paying him to spam BRC-20 transactions?", 'https://www.reddit.com/r/btc/comments/13imtsf/why_arent_people_screaming_about_the_250k/', '13imtsf', [['u/ShadowOfHarbringer', 19, '2023-05-16 01:10', 'https://www.reddit.com/r/btc/comments/13imtsf/why_arent_people_screaming_about_the_250k/jkaq6dn/', 'They have been screaming in this subreddit for 6 years now.\n\nYou must be new here.', '13imtsf'], ['u/Pablo_Picasho', 24, '2023-05-16 01:58', 'https://www.reddit.com/r/btc/comments/13imtsf/why_arent_people_screaming_about_the_250k/jkawgwv/', 'So few real users left\n\nRest are hodlers who will only wake up when they have to make a real transaction', '13imtsf'], ['u/ShadowOrson', 15, '2023-05-16 04:54', 'https://www.reddit.com/r/btc/comments/13imtsf/why_arent_people_screaming_about_the_250k/jkbj5jr/', 'Where, exactly, are they allowed to scream about them?', '13imtsf'], ['u/emergent_reasons', 10, '2023-05-16 06:45', 'https://www.reddit.com/r/btc/comments/13imtsf/why_arent_people_screaming_about_the_250k/jkbueqb/', 'A user who needs to pay attention or risk their stash becoming frozen and/or worthless.', '13imtsf']]], ['u/Bilbo_Butthole', 'GameStop: The Catastrophic Catalyst of Hyperinflation, Redeemed by the Rise of Decentralized Currency', 385, '2023-05-16 02:32', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/', "Little thesis I’m working on. Please be fully transparent and honest in your feedback. Thanks!\n\nAbstract:\nThis thesis explores the dire consequences that the GameStop phenomenon will have on the global economy, specifically the triggering of hyperinflation. However, amid this impending disaster, a savior emerges in the form of decentralized currency. This revolutionary monetary system will single-handedly rescue humanity from the brink of financial ruin and lead us towards a new era of prosperity.\n\nChapter 1: Introduction\n\n1.1 Background and Significance\nThe meteoric rise of GameStop, fueled by speculative retail investors, is a ticking time bomb that threatens to destabilize the global economy. This thesis examines the unfolding catastrophe and highlights the pivotal role of decentralized currency in averting complete financial collapse.\n\nChapter 2: GameStop: The Inflated Bubble\n\n2.1 Manipulation and Irrational Exuberance\nThe GameStop frenzy witnessed an unparalleled level of market manipulation, driven by a small group of renegade investors who artificially inflated the stock's value. This irrational exuberance created a volatile bubble primed for implosion, bringing about catastrophic economic repercussions. \n\n2.2 Systemic Contagion\nThe impending burst of the GameStop bubble will unleash a domino effect throughout the financial system. This contagion will spread like wildfire, destabilizing banks, investment firms, and eventually entire economies. The aftermath will be a harrowing era of hyperinflation.\n\nChapter 3: The Hyperinflation Nightmare\n\n3.1 The GameStop Catalyst\nGameStop's collapse will have a cascading effect on the stock market, triggering a devastating chain reaction that leads to hyperinflation. The sudden devaluation of stocks and assets will erode confidence in traditional fiat currencies, sending inflation spiraling out of control.\n\n3.2 The Fiat Currency Plague\nCentral banks, reliant on archaic fiat currencies, will be ill-prepared to handle the hyperinflation crisis. Governments will frantically print money, flooding the markets with worthless paper currency, further exacerbating the inflationary spiral. Society will plunge into chaos as citizens struggle to afford basic necessities, leading to widespread economic collapse.\n\nChapter 4: The Rise of Decentralized Currency\n\n4.1 The Blockchain Revolution\nDecentralized currencies, such as Bitcoin and other cryptocurrencies, will emerge as the ultimate panacea for the hyperinflation crisis. By eliminating the control of central banks and governments, these digital currencies restore power to the people and foster true financial freedom. \n\n4.2 The Inflation Hedge\nDecentralized currencies, with their limited supply and built-in mechanisms to prevent inflation, will provide a safe haven for individuals seeking protection from the impending hyperinflation catastrophe. As fiat currencies crumble, decentralized currencies will skyrocket, ensuring the preservation of wealth and offering a lifeline to those who have embraced this transformative monetary system.\n\nChapter 5: Conclusion\n\nIn conclusion, the GameStop phenomenon serves as a harbinger of hyperinflation that will ravage the global economy. However, salvation lies in the rise of decentralized currencies, offering an escape from the clutches of central banks and government control. By embracing these digital assets, individuals can shield themselves from financial ruin and pave the way for a prosperous future.\n\nWill expand on this if there is interest!", 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/', '13ips63', [['u/treZissou', 48, '2023-05-16 02:37', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkb1lmf/', 'I think I need to DRS more shares.', '13ips63'], ['u/ISayBullish', 141, '2023-05-16 02:38', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkb1unq/', 'More speculation than DD at this point IMO, however if you expand more on the topics at length with sources it could be considered DD\n\nThesis makes sense though\n\n“We will watch your career with great interest” - Shiv Palpatine\n\nBullish', '13ips63'], ['u/CookShack67', 61, '2023-05-16 03:00', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkb4qsz/', 'Greetings fellow kids', '13ips63'], ['u/Octopus_vagina', 40, '2023-05-16 03:33', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkb917x/', 'This post and all the posts Comments claiming it’s genius scream “agenda”', '13ips63'], ['u/Octopus_vagina', 22, '2023-05-16 03:40', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkb9yy8/', 'It’s not really DD. It’s big time speculation.\n\nI welcome DD - like the heat lamp DD', '13ips63'], ['u/ChanThe4th', 25, '2023-05-16 03:47', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkbasuq/', "It's -literally- not DD. It's a hype piece using keywords to sound edgy and make retail look like fools that collapsed something, when in reality this is a direct result of Market Makers and Banks using swaps/derivatives to hide insanely leveraged positions.\n\nIt's shill bait.", '13ips63'], ['u/vasDcrakGaming', 144, '2023-05-16 03:48', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkbaynb/', '1.1 is such fucking bullshit dont pin that on gamestop. Its because of the naked short selling. Not retail. Its the hesgies', '13ips63'], ['u/allaskew123', 47, '2023-05-16 04:00', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkbcjb7/', 'Wtf is this bullshit??!! All these comment upvotes from unrecognizable names?? I’m in the goddamn twilight zone. This sounds like those “Jesus told me to sell at $40”. My downvote finger is getting sore.', '13ips63'], ['u/Defago', 32, '2023-05-16 04:06', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkbd7k3/', 'This is some bullshit.', '13ips63'], ['u/I-Love-Game-Stop', 10, '2023-05-16 04:40', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkbhku5/', 'He makes it sound like all the investors are going to lose their ass in a bubble WTF', '13ips63'], ['u/Stonkerrific', 32, '2023-05-16 04:54', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkbj6p6/', 'This reads very oddly. Subtle FUD.', '13ips63'], ['u/UncleNuks', 36, '2023-05-16 05:00', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkbjvgp/', 'Not a single mention of quantitative easing and money printing, derivatives, leverage, deregulation, sovereign debt/bonds, abusive and illegal naked short selling…but yet you want to talk about hyperinflation and systemic collapse? No mention of BRICS or de-dollarization or the fractional reserve banking system?\n\nThis reads like GameStop will be the cause of the fall which couldn’t be further from the truth. I think you need to read some more DD and get back to the drawing board.\n\nYou also mention “irrational exuberance” of investors so I would like to remind you of this wonderful quote from Forbes, March 2021: “The GME event is in fact the result of a process that is hyper-rational. It is based on highly accurate calculations of specific outcomes which possess a much higher degree of certainty than is the case for normal investment decisions. There is no "madness of crowds" here.”\n\nIt’s not “irrational” like you say, it is, in fact, “hyper-rational”.', '13ips63'], ['u/RBradyFrost', 80, '2023-05-16 05:31', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkbn950/', 'Yeah, no. This is crap. Investors buying and holding legitimate shares of any company don’t hyper inflate the value of said company. That’s price discovery. It’s called supply and demand, and value is established when the market supply meets current demand. If the price is too high, d... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin prices fell on Wednesday morning in Asia but remained above the US$27,000 line. Ether gained but still posted a weekly drop. XRP led gainers among other top 10 non-stablecoin cryptocurrencies on the back of a favorable ruling for Ripple Labs in its lawsuit with the Securities and Exchange Commission (SEC). U.S. equity futures gained as U.S. President Joe Biden and Congress reportedly made progress on raising the debt ceiling. See related article: EU\x92s MiCA gets unanimous nod from European Council Ripple gains after positive ruling Bitcoin fell 0.87% to US$27,036.75 in the 24 hours to 7:35 a.m. in Hong Kong, but lost 2.05% over the last seven days according to CoinMarketCap data. Ether edged up 0.28% to US$1,825.91, while posting a 1.10% weekly loss. Other top 10 non-stablecoin cryptocurrencies traded mixed on Wednesday morning. XRP led the gains, adding 2.68% to US$0.4399. The gain follows positive news for Ripple Labs, a payments firm that depends on XRP technology, as Judge Analisa Torres for the U.S. District Court for the Southern District of New York denied the SEC\x92s motion to seal the controversial Hinman Speech documents from the public. The document refers to a speech given by former SEC official William Hinman on June 14, 2018. In the speech, Hinman stated that the agency did not view Bitcoin or Ethereum as securities. This statement is a major point of focus in the long-running legal battle between Ripple and the SEC. The regulator accuses Ripple of providing unregistered securities. Meanwhile, Polygon\x92s Matic led losses among the top 10 non-stablecoins. It registered a loss of 2.21% to US$0.8442, with a 3.56% drop over the past seven days. The total crypto market capitalization fell 0.93% in the past 24 hours to US$1.13 trillion. The total trading volume also lost 7% to US$28.74 billion. Bitcoin to challenge Ethereum\x92s NFT supremacy? The indexes are proxy measures of the performance of the global NFT market. They are managed by CryptoSlam , a sister company of Forkast.News under the Forkast.Labs umbrella. In the non-fungible token market, the Forkast 500 NFT index recorded a loss of 0.13% to 3,378.53 points in the 24 hours to 7:30 a.m. in Hong Kong, down 2.32% during the week. Story continues This, said CryptoSlam NFT analyst Yehudah Petscher, can again be attributed to \x93low volume and high transacting fees from crypto trading.\x94 24-hour NFT sales on Ethereum, the leading blockchain for NFTs, rose 2.16% to US$18.6 million. Sales on the Bitcoin blockchain took second place on Cryptoslam\x92s blockchain ranking by gaining 32.11% to US$4.6 million. \x93Bitcoin NFTs are just getting started and in the long run, I expect Bitcoin to compete head-to-head with Ethereum\x92s all-time sales. It may actually exceed them too,\x94 Yehudah said. The Bored Ape Yacht Club NFT collection recorded the highest sales volume in the last 24 hours. It rose 8% to US$2.48 million. All 24 highest individual NFT sales in the past day were Bored Ape Yacht Club NFTs according to Cryptoslam. BAYC #466 sold for 98 ETH (US$178,751). Milady Maker was second in terms of NFT collection rankings by sales volume on Cryptoslam. It recorded a surge of 207.61% over the past 24 hours to US$1.3 million. The collection took the market by storm last week after Twitter and Tesla chief Elon Musk tweeted an image containing the Milady NFT. pic.twitter.com/4s6HwnCY74 \x97 Elon Musk (@elonmusk) May 10, 2023 Traders can expect a slow week ahead in the NFT market as many in the NFT community attend the VeeCon Web3 conference in Indianapolis on May 18-20. \x93Those who believe NFTs can function as access passes, art, and collectibles all in one are in for a treat,\x94 said Cryptoslam\x92s Yehudah. \x93I\x92m expecting markets to be slow while many are off networking, but we also know that degens are going to degen.\x94 U.S. stock futures gain after positive debt ceiling talks Kevin McCarthy, Speaker of the U.S. House of Representatives \| Image: Getty Images U.S. stock futures traded higher as of 9:30 a.m. in Hong Kong, while the Dow Jones Industrial Average futures rose 0.15%. The S&P 500 futures added 0.19%. The Nasdaq Composite futures also gained 0.24% as investors anticipate a solution to the U.S. debt crisis. U.S. President Joe Biden met with leaders of Congress Tuesday to hash out an agreement that would allow a rise in the debt ceiling.. On May 1, U.S. Treasury Secretary Janet Yellen warned Congress that the country will start to fail to meet debt payment obligations as early as June 1. That would result in a debt default and wider economic repercussions in the U.S. and globally. After the one-hour talk at the White House Tuesday, Biden told reporters that the discussion was productive. House Representative Kevin McCarthy appeared to agree. He said it is possible to reach an agreement on raising the debt ceiling by the end of this week. Yellen warned again Tuesday that a debt default would result in an income shock that could lead to a recession. This would destroy jobs and businesses in the country, she said. The Treasury leader called for faster action on raising the debt ceiling. She added that the country is already seeing a heavier debt burden as the stalemate drives borrowing costs higher. The Dow Jones, S&P 500 and Nasdaq Composite each posted losses during regular trading on Tuesday following earnings report releases earlier in the day. Major retailer Home Depot\x92s revenue dropped 4.2% year on year in the first quarter. Company executives warned investors it may see its first annual sales decline since 2009. Investors now await more earnings reports from Tencent Holdings, Cisco Inc., Siemens AG, Target Corp. and more on Wednesday. Federal Reserve Chair Jerome Powell is expected to share his views on interest hikes Friday ahead of the Fed\x92s next interest rate decision on June 14. The rate of between 5 and 5.25% is the highest since 2006. The CME FedWatch Tool predicts a 77.5% chance the Fed will keep rates unchanged in June. However, it also predicts a 22.5% chance for another 25 basis-point rate hike.', 'Bitcoin prices fell on Wednesday morning in Asia but remained above the US$27,000 line. Ether gained but still posted a weekly drop. XRP led gainers among other top 10 non-stablecoin cryptocurrencies on the back of a favorable ruling for Ripple Labs in its lawsuit with the Securities and Exchange Commission (SEC). U.S. equity futures gained as U.S. President Joe Biden and Congress reportedly made progress on raising the debt ceiling.\nSee related article:EU’s MiCA gets unanimous nod from European Council\nBitcoin fell 0.87% to US$27,036.75 in the 24 hours to 7:35 a.m. in Hong Kong, but lost 2.05% over the last seven days according to CoinMarketCap data.\nEther edged up 0.28% to US$1,825.91, while posting a 1.10% weekly loss.\nOther top 10 non-stablecoin cryptocurrencies traded mixed on Wednesday morning. XRP led the gains, adding 2.68% to US$0.4399.\nThe gain follows positive news for Ripple Labs, a payments firm that depends on XRP technology, as Judge Analisa Torres for the U.S. District Court for the Southern District of New Yorkdeniedthe SEC’s motion to seal the controversial Hinman Speech documents from the public.\nThe document refers to a speech given by former SEC official William Hinman on June 14, 2018. In the speech, Hinman stated that the agency did not view Bitcoin or Ethereum as securities. This statement is a major point of focus in the long-running legal battle between Ripple and the SEC. The regulator accuses Ripple of providing unregistered securities.\nMeanwhile, Polygon’s Matic led losses among the top 10 non-stablecoins. It registered a loss of 2.21% to US$0.8442, with a 3.56% drop over the past seven days.\nThe total crypto market capitalization fell 0.93% in the past 24 hours to US$1.13 trillion. The total trading volume also lost 7% to US$28.74 billion.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the non-fungible token market, the Forkast 500 NFT index recorded a loss of 0.13% to 3,378.53 points in the 24 hours to 7:30 a.m. in Hong Kong, down 2.32% during the week.\nThis, said CryptoSlam NFT analyst Yehudah Petscher, can again be attributed to “low volume and high transacting fees from crypto trading.”\n24-hour NFT sales on Ethereum, the leading blockchain for NFTs, rose 2.16% to US$18.6 million. Sales on the Bitcoin blockchain took second place on Cryptoslam’s blockchainrankingby gaining 32.11% to US$4.6 million.\n“Bitcoin NFTs are just getting started and in the long run, I expect Bitcoin to compete head-to-head with Ethereum’s all-time sales. It may actually exceed them too,” Yehudah said.\nThe Bored Ape Yacht Club NFT collection recorded the highest sales volume in the last 24 hours. It rose 8% to US$2.48 million. All 24 highest individual NFT sales in the past day were Bored Ape Yacht Club NFTs according to Cryptoslam. BAYC #466 sold for 98 ETH (US$178,751).\nMilady Maker was second in terms of NFT collection rankings by sales volume on Cryptoslam. It recorded a surge of 207.61% over the past 24 hours to US$1.3 million. The collection took the market by storm last week after Twitter and Tesla chiefElon Musktweeted an image containing the Milady NFT.\nTraders can expect a slow week ahead in the NFT market as many in the NFT community attend the VeeCon Web3 conference in Indianapolis on May 18-20.\n“Those who believe NFTs can function as access passes, art, and collectibles all in one are in for a treat,” said Cryptoslam’s Yehudah. “I’m expecting markets to be slow while many are off networking, but we also know that degens are going to degen.”\nU.S. stock futures traded higher as of 9:30 a.m. in Hong Kong, while the Dow Jones Industrial Average futures rose 0.15%. The S&P 500 futures added 0.19%. The Nasdaq Composite futures also gained 0.24% 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: 2023-05-17 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $520,977,854,800 - Hash Rate: 381818888.7107919 - Transaction Count: 583454.0 - Unique Addresses: 627113.0 Social & AI Sentiment: - Fear & Greed Index: 0.50 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Michael M. Santiago/Getty Images US stocks slipped on Friday as investors digest a wave of large-cap bank earnings. JPMorgan, Wells Fargo, and Citigroup all posted better-than-feared earnings results. Retail sales in March came in weaker than expected, signaling consumers are pulling back on big ticket purchases. US stocks edged lower on Friday as investors sifted through the first wave of first-quarter earnings results from the largest US banks. JPMorgan , Wells Fargo , and Citigroup all posted better-than-expected profit results as the banks benefited from a surge in interest rates. The banks also offered a solid outlook on future net interest income and JPMorgan CEO said he the economy remains resilient. "The U.S. economy continues to be on generally healthy footings — consumers are still spending and have strong balance sheets, and businesses are in good shape," JPMorgan CEO Jamie Dimon said. Despite the solid earnings results from the big bank, weak retail sales in March weighed down stock prices in early trades. Retail sales fell 1% last month, more than the expected decline of just -0.4%. The March retail sales data extended the decline seen in February and was driven by consumers pulling back on big-ticket item purchases like cars. Here's where US indexes stood shortly after the 9:30 a.m. ET opening bell on Friday: S&P 500 : 4,142.75, down 0.08% Dow Jones Industrial Average : 34,032.57, down 0.01% (2.10 points) Nasdaq Composite : 12,117.64, down 0.4% Here's what else is happening this morning: A top investor in Charles Schwab dumped its entire $1.4 billion stake as the brokerage fell victim to turmoil in the banking sector. There is no banking crisis – and unease in the sector will help the Federal Reserve to cool inflation, the head of the International Monetary Fund says. Jeremy Grantham stayed consistent with his bearish view on stocks in a recent interview, saying that the S&P 500 will tank at least 27% as a recession hits the economy. Ethereum's native token ether has surged to top $2,000 and is trading at an 11-month high after the blockchain network completed a long-awaited upgrade that unlocks some investors' tokens. Jimmy and Dee Haslam are set to buy a minority stake in the Milwaukee Bucks after they sold their gas station business to Warren Buffett's Berkshire Hathaway. Story continues In commodities, bonds and crypto: West Texas Intermediate crude oil rose 0.33% to $82.43 per barrel. Brent crude , oil's international benchmark, jumped 0.21% to $86.27. Gold fell 0.91% to $2,036.50 per ounce. The yield on the 10-year Treasury jumped five basis points to 3.49%. Bitcoin fell 0.23% to $20,662, while ether fell 0.59% to $2,099. 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: ['Good morning. Here’s what’s happening: Prices: Unfazed by U.S. debt ceiling talks, bitcoin and ether hold steady while Tether and Circle are diversifying reserves to mitigate dollar risks. Insights: A federal judge denied the SEC\'s bid to conceal documents related to Hinman\'s 2018 ether speech, possibly shedding light on the rationale behind this pivotal announcement amidst Ripple\'s lawsuit. Now, for the sake of the industry, show us the emails. Prices CoinDesk Market Index (CMI) 1,177 +12.6 ▲ 1.1% Bitcoin (BTC) $27,403 +363.6 ▲ 1.3% Ethereum (ETH) $1,822 −2.2 ▼ 0.1% S&P 500 4,158.77 +48.9 ▲ 1.2% Gold $1,986 −2.4 ▼ 0.1% Nikkei 225 30,093.59 +250.6 ▲ 0.8% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,177 +12.6 ▲ 1.1% Bitcoin (BTC) $27,403 +363.6 ▲ 1.3% Ethereum (ETH) $1,822 −2.2 ▼ 0.1% S&P 500 4,158.77 +48.9 ▲ 1.2% Gold $1,986 −2.4 ▼ 0.1% Nikkei 225 30,093.59 +250.6 ▲ 0.8% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Crypto Continues to Shrug Off Looming Debt Ceiling, Despite Tether and USDC Diversifying into Bitcoin Good morning Asia. Bitcoin and ether stand unwavering, shrugging off the potential turbulence from the U.S. debt ceiling negotiations and its ripple effects on crypto. Bitcoin is opening the Asia trading day up 1.3% to $27,403, while ether is down 0.1% to $1,822. In the U.S., debt ceiling negotiations continue, with President Biden declaring that the country will not default on its debt. On one hand, crypto doesn’t seem to care. With liquidity as tight as it is , it takes a lot to move markets. And this just isn’t it. But on the other hand, crypto does seem to care. Tether announced Wednesday U.S. Time that it\'s diversifying its reserves away from government debt and into crypto as it pledged to use around 15% of its profits to buy Bitcoin for its stablecoin reserves. Almost in parallel , Circle said that it is diversifying the reserves supporting its $30 billion USD Coin (USDC), including $8.7 billion in overnight repurchase agreements managed by BlackRock, to fortify against potential U.S. government debt default risks. Story continues Diversification into bitcoin away from the dollar? It’s a maxi’s dream! But bitcoin just isn’t moving on the news. As the clock moves closer to the debt ceiling deadline, we’ll see if any of this actually moves the needle on crypto. Biggest Gainers Asset Ticker Returns DACS Sector Decentraland MANA +5.4% Entertainment Polygon MATIC +5.0% Smart Contract Platform Dogecoin DOGE +3.0% Currency Biggest Losers Asset Ticker Returns DACS Sector Ethereum ETH −0.1% Smart Contract Platform Insights Let’s See the Hinman Emails A federal judge has ruled that the U.S. Securities and Exchange Commission (SEC) cannot seal documents related to former official William Hinman\'s 2018 speech on crypto and securities in its lawsuit against Ripple. This is great because it might finally lead to answers to a question that has gone nagging for years. In 2018, William Hinman, who was serving as the director of corporation finance at the SEC at the time, made a game-changing announcement for the crypto world during a speech at the Yahoo Markets Summit: Ether is not considered a security. But how did he come to this conclusion? Any speech made by a senior official is heavily shopped around, with plenty of stakeholders giving their opinions. CoinDesk tried to get the Hinman emails via a Freedom of Information Act request in November . But the SEC, at the time, withheld emails and notes from the public, arguing they should remain confidential due to privacy concerns and their preparation in anticipation of litigation. It also noted that the release of the documents would constitute an “unwarranted invasion of personal privacy.” While we weren’t able to see the contents because of redactions, what we got back was an extensive email thread that revealed that multiple high-ranking SEC officials, including then-Chair Jay Clayton, contributed to the drafting of William Hinman\'s pivotal 2018 speech on ether\'s status. All of this potentially undermines the SEC\'s claim that the speech was Hinman\'s personal opinion and not official guidance. The industry needs to see these emails to understand the thought process behind Hinman’s statement. SEC officials can come together and offer guidance on Hinman’s speech, so why can’t they give the same guidance to the industry? Important events. Blockchain Expo North America FINRA Annual Conference 2023 9:30 a.m. HKT/SGT(1:30 UTC) Australia Employment Change s.a. (April) CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Bitcoin Slips Below $27K Amid Debt Ceiling Talks; Pudgy Penguins CEO on NFT Marketplace Bitcoin (BTC) continued to drift downward, slipping just below $27,000 as investors keep close attention on the debt ceiling negotiations in Washington. Defiance ETFs CEO Sylvia Jablonski and Galaxy Digital global head of trading Jason Urban shared their insights on the current state of the crypto markets. Plus, Pudgy Penguins CEO Luca Netz discussed the NFT brand\'s latest $9 million funding round. Also, New York University Professor Emeritus Gary Marcus shared his thoughts on artificial intelligence guidelines, following a Senate hearing with OpenAI CEO Sam Altman among those testifying. Headlines Tether Says It Will Buy Bitcoin for Stablecoin Reserves Using Realized Profits : The company, which issues the $82 billion USDT stablecoin, reported $1.48 billion of net profits in 2023 Q1 and revealed $1.5 billion in BTC holdings. Ripple Buys Crypto Custody Firm Metaco for $250M : Metaco will continue to operate as an independent business unit led by CEO and founder Adrien Treccani. Axie Infinity\'s Token Jumps 12% After Firm Lists Game on Apple App Store : The dollar value locked in the open futures contracts tied to AXS has surged to its highest since February, signaling an influx of new money into the market. Dogecoin\'s Daily Transaction Reached Lifetime Highs After ‘DRC-20’ Tokens Introduced : Transactional volumes on Dogecoin briefly surpassed Litecoin and Bitcoin earlier this week. Fleeing U.S. Crypto Firms ‘Welcome,’ French Regulator Says : 100-odd companies could be registered in France as the just-agreed MiCA EU crypto legislation beds in, Financial Markets Authority officials said.', 'Good morning. Here’s what’s happening:\nPrices:Unfazed by U.S. debt ceiling talks, bitcoin and ether hold steady while Tether and Circle are diversifying reserves to mitigate dollar risks.\nInsights:A federal judge denied the SEC\'s bid to conceal documents related to Hinman\'s 2018 ether speech, possibly shedding light on the rationale behind this pivotal announcement amidst Ripple\'s lawsuit. Now, for the sake of the industry, show us the emails.\nCoinDesk Market Index (CMI)\n1,177\n+12.6▲1.1%\nBitcoin (BTC)\n$27,403\n+363.6▲1.3%\nEthereum (ETH)\n$1,822\n−2.2▼0.1%\nS&P 500\n4,158.77\n+48.9▲1.2%\nGold\n$1,986\n−2.4▼0.1%\nNikkei 225\n30,093.59\n+250.6▲0.8%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,177", "+12.6\\u25b21.1%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$27,403", "+363.6\\u25b21.3%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,822", "\\u22122.2\\u25bc0.1%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,158.77", "+48.9\\u25b21.2%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,986", "\\u22122.4\\u25bc0.1%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["30,093.59", "+250.6\\u25b20.8%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nCrypto Continues to Shrug Off Looming Debt Ceiling, Despite Tether and USDC Diversifying into Bitcoin\nGood morning Asia.\nBitcoin and ether stand unwavering, shrugging off the potential turbulence from the U.S. debt ceiling negotiations and its ripple effects on crypto.\nBitcoinis opening the Asia trading day up 1.3% to $27,403, whileetheris down 0.1% to $1,822.\nIn the U.S., debt ceiling negotiations continue, withPresident Biden declaringthat the country will not default on its debt.\nOn one hand, crypto doesn’t seem to care.With liquidity as tight as it is, it takes a lot to move markets. And this just isn’t it.\nBut on the other hand, crypto does seem to care.Tether announced Wednesday U.S.Timethat it\'s diversifying its reserves away from government debt and into crypto as it pledged to use around 15% of its profits to buy Bitcoin for its stablecoin reserves.Almost in parallel, Circle said that it is diversifying the reserves supporting its $30 billion USD Coin (USDC), including $8.7 billion in overnight repurchase agreements managed by BlackRock, to fortify against potential U.S. government debt default risks.\nDiversification into bitcoin away from the dollar? It’s a maxi’s dream! But bitcoin just isn’t moving on the news.\nAs the clock moves closer to the debt ceiling deadline, we’ll see if any of this actually moves the needle on crypto.\n[{"Asset": "Decentraland", "Ticker": "MANA", "Returns": "+5.4%", "DACS Sector": "Entertainment"}, {"Asset": "Polygon", "Ticker": "MATIC", "Returns": "+5.0%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Dogecoin", "Ticker": "DOGE", "Returns": "+3.0%", "DACS Sector": "Currency"}]\n[{"Asset": "Ethereum", "Ticker": "ETH", "Returns": "\\u22120.1%", "DACS Sector": "Smart Contract Platform"}]\nLet’s See the Hinman Emails\nA federal judge has ruledthat the U.S. Securities and Exchange Commission (SEC) cannot seal documents related to former official William Hinman\'s 2018 speech on crypto and securities in its lawsuit against Ripple.\nThis is great because it might finally lead to answers to a question that has gone nagging for years.\nIn 2018, William Hinman, who was serving as the director of corporation finance at the SEC at the time, made a game-changing announcement for the crypto world during a speech at the Yahoo Markets Summit: Ethe Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-18 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $530,725,416,375 - Hash Rate: 344768089.144806 - Transaction Count: 476704.0 - Unique Addresses: 603811.0 Social & AI Sentiment: - Fear & Greed Index: 0.51 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Hong Kong is accelerating toward its goal of becoming a global crypto hub, according to the region’s Secretary for Financial Services and the Treasury. In a Monday speech at the Aspen Digital Web3 Investment Summit in the east Asian business hub, Christopher Huisaidthat the city had received interest from over 80 companies wanting to set up shop in Hong Kong. These include crypto exchanges, blockchain infrastructure companies, blockchain network security companies, virtual currency wallets and payment companies. “Hong Kong is well-positioned to be a leading hub for Web3 in Asia and beyond, and we attach great importance to virtual assets and Web3,” Hui said. Hong Kong has been talking about becoming a hotspot for digital asset innovation for some time now. Its economy and reputation as a fintech hub was shaken after Covid-19 lockdowns and earlier regulatory crackdowns scared many crypto startups away. One of the most notable examples was the failed crypto exchange FTX, whichleftfor the Bahamas while blaming Hong Kong’s confusing regulatory framework for the move. The exchange was once one of the biggest brands in crypto but went bust last year because of alleged mismanagement. Web3 a ‘Golden Opportunity’ for Hong Kong: Finance Secretary Hong Kong has sinceopened upconsultations anddropped new rulesto give retail investors access to digital assets. Nikkei Asiareportedtoday that a number of Chinese crypto companies are eying Hong Kong. These include Chinese securities companies and banks that are interested in allowing clients to trade Bitcoin and Ethereum on licensed exchanges, the newspaper reported. Just last month, the Securities and Futures Commission of Hong Kong (SFC)proposedthat the city “allow all types of investors, including retail investors, to access trading services provided by licensed VA [virtual asset] trading platform operators.” Mainland China’s government cracked down on crypto back in 2021, when it banned Bitcoin mining. Hui said in his speech that Web3—the next evolution of the Internet, built on blockchains—has the “potential to enable more decentralized, efficient and inclusive platforms” that benefit users and creators. “It will also create new opportunities for innovation, entrepreneurship and social impact,” he added.... - Reddit Posts (Sample): [['u/WWYOG', 'Best intro for orange pilling', 880, '2023-05-18 00:24', 'https://www.reddit.com/r/Bitcoin/comments/13kg6dq/best_intro_for_orange_pilling/', "That's Bitcoin 🧡", 'https://i.imgur.com/hwUnHmf.jpg', '13kg6dq', [['u/Previous_Ostrich8877', 34, '2023-05-18 02:09', 'https://www.reddit.com/r/Bitcoin/comments/13kg6dq/best_intro_for_orange_pilling/jkkkih1/', 'This is well said', '13kg6dq'], ['u/beaker38', 11, '2023-05-18 02:26', 'https://www.reddit.com/r/Bitcoin/comments/13kg6dq/best_intro_for_orange_pilling/jkkmt1o/', 'CBDC puppets got this covered', '13kg6dq'], ['u/WWYOG', 10, '2023-05-18 02:55', 'https://www.reddit.com/r/Bitcoin/comments/13kg6dq/best_intro_for_orange_pilling/jkkqosv/', "I appreciate your comment and urge you to study deflationary money. Jeff Booth's The Price of Tomorrow is a great place to start. To summarize in my own words and in my own opinion, mortgages are not a thing when the money is not broken. (Mortgages became commonplace in the early 70s after and because our money was taken off the gold standard.) Imagine a world where banks do not make loans for houses because the money is sound and maintains/appreciates in value. Housing prices will fall to their utility value. Nixon/Kissinger/Central banking distorted our view of money and how it should work. Get off zero if you haven't. Our kids depend on it.\n\nEdited for punctuation", '13kg6dq'], ['u/madbirdribdam', 10, '2023-05-18 03:14', 'https://www.reddit.com/r/Bitcoin/comments/13kg6dq/best_intro_for_orange_pilling/jkktcng/', 'Few months ago:\n\n“Feds are selling the confiscated bitcoin, that’s why it’s dropped”', '13kg6dq'], ['u/Hank___Scorpio', 14, '2023-05-18 03:25', 'https://www.reddit.com/r/Bitcoin/comments/13kg6dq/best_intro_for_orange_pilling/jkkutng/', "But I don't understand or have any value set that appreciates anything beyond convenience!!", '13kg6dq'], ['u/Dr-Lavish', 10, '2023-05-18 03:51', 'https://www.reddit.com/r/Bitcoin/comments/13kg6dq/best_intro_for_orange_pilling/jkkyagu/', "A new type of Govt will evolve over time. They have multiple what if scenarios. It scares the hell out of them. Which it should. The human race will ultimately do away with Govt bodies. They won't be needed.", '13kg6dq'], ['u/BitcoinFan7', 10, '2023-05-18 03:51', 'https://www.reddit.com/r/Bitcoin/comments/13kg6dq/best_intro_for_orange_pilling/jkkydjh/', 'Btc-e was an exchange not a cold wallet. No open source cold wallet has been hacked to my knowledge.', '13kg6dq'], ['u/benso87', 15, '2023-05-18 04:13', 'https://www.reddit.com/r/Bitcoin/comments/13kg6dq/best_intro_for_orange_pilling/jkl1a83/', 'What does thermodynamics have to do with this?', '13kg6dq'], ['u/WWYOG', 10, '2023-05-18 05:08', 'https://www.reddit.com/r/Bitcoin/comments/13kg6dq/best_intro_for_orange_pilling/jkl8j9w/', "Yes. That's coercion.", '13kg6dq'], ['u/bowdo', 10, '2023-05-18 11:56', 'https://www.reddit.com/r/Bitcoin/comments/13kg6dq/best_intro_for_orange_pilling/jkm5z9r/', "What's that? I can't hear you over the sound of my big hammer turning toes in to hamburger mince.", '13kg6dq']]], ['u/Walla_Walla_26', 'Tether is buying more Bitcoin to hold on their balance sheet. Isn’t that what Do Kwon did as a backstop for Terra USD?', 13, '2023-05-18 01:27', 'https://www.reddit.com/r/CryptoCurrency/comments/13khrjy/tether_is_buying_more_bitcoin_to_hold_on_their/', 'It seems like history is kind of repeating itself. The circumstances are different, but Tether is going to use 15% of their profits to buy Bitcoin to hold for an undetermined amount of time. This is after the purchase they have already made. Saw this news today on the Wall Street journal. \n\n\nTerra USD, Do Kwon did the same thing to have another potential backstop for his algorithmic stablecoin. \n\nTether refuses to allow an audit and they are backed one to one with short term treasuries, etc. They are also buying before the bull run and IMO are getting a good deal on their Bitcoin purchase. \n\nMy question is why do they feel that they should have Bitcoin in their reserves? Are they trying to be more like Microstrategy? It just seems weird to me that they would buy Bitcoin. I understand they are using profits, but why? Is it just to boost their profits?\n\nedit* I appreciate the lively discussion. Let’s hope Tether is with us well into the future and we get clarity on reserves from all stablecoin issuers', 'https://www.reddit.com/r/CryptoCurrency/comments/13khrjy/tether_is_buying_more_bitcoin_to_hold_on_their/', '13khrjy', [['u/pbjclimbing', 10, '2023-05-18 01:32', 'https://www.reddit.com/r/CryptoCurrency/comments/13khrjy/tether_is_buying_more_bitcoin_to_hold_on_their/jkkfqdg/', 'Tether is using the profits from the interest they get from holding most of their reserves in bonds to buy Bitcoin. \n\nThis is different than using Bitcoin to backstop a stablecoin that is algorithmic and not 1:1 backed.', '13khrjy'], ['u/Maxx3141', 82, '2023-05-18 01:38', 'https://www.reddit.com/r/CryptoCurrency/comments/13khrjy/tether_is_buying_more_bitcoin_to_hold_on_their/jkkggb3/', "They are buying them from their profits - they can use their profits to buy whatever they like, even if it's Campbell's Tomato Soup.", '13khrjy'], ['u/mesutdmn', 13, '2023-05-18 01:40', 'https://www.reddit.com/r/CryptoCurrency/comments/13khrjy/tether_is_buying_more_bitcoin_to_hold_on_their/jkkgpgc/', 'And BTC is a nice way to double profits in the long term, but bullish on Tomato soups right now 🤣', '13khrjy']]], ['u/loupiote2', 'Successful recovery of 70 ETH (EIP2333) in validator on the beacon chain (seed lost)', 34, '2023-05-18 03:12', 'https://www.reddit.com/r/ledgerwallet/comments/13kk6iz/successful_recovery_of_70_eth_eip2333_in/', 'TL;DR - Don\'t lose your recovery seed!\n\nA client came to us for help trying to recover access to 64 ETH staked on the beacon chain on their ETH validators, plus rewards, so about 70 ETH total. The validators seed was lost.\n\nSee their posts on the ethstaker forum: [https://www.reddit.com/r/ethstaker/comments/13bq8fh/lost\\_seed\\_possible\\_to\\_recover\\_with\\_ledger\\_nano/](https://www.reddit.com/r/ethstaker/comments/13bq8fh/lost_seed_possible_to_recover_with_ledger_nano/) and [https://www.reddit.com/r/ethstaker/comments/13kl5nv/update\\_lost\\_seed\\_possible\\_to\\_recover\\_with\\_ledger/](https://www.reddit.com/r/ethstaker/comments/13kl5nv/update_lost_seed_possible_to_recover_with_ledger/)\n\nNormally when you lose the validator seed, you lose all hope of withdrawing the funds. But the client was lucky that they had initialized thers validators and their ledger Nano S with the same seed phrase.\n\nThe issue was that the very tech-savvy client unfortunately lost their seed phrase due to unforeseen circumstances. So the only remaining copy of their validators seed was in their Nano S, and of course there is absolutely no way to extract the seed from the ledger.\n\nSpecial private keys and signatures are needed for withdrawing ETH from validators, based on EIP2333 and using different cryptographic formulas, not those used for "normal" ETH transactions.\n\nNot only is there currently no ledger app (yet) capable of generating those EIP2333 signatures with ledger devices, but also the Nano S does not even have enough RAM to generate those signatures. Normally, validators can generate those signatures, based on their seed phrase.\n\nSo the idea (suggested by Ledger Team) was to generate the EIP2333 private keys on the Nano S using the derivation paths used by the validators, extract them and use them with off-line tools to generate the needed signatures to rescue the ETH from the validators.\n\nIn order to do that, a custom recovery ledger app had to be developed and installed (i.e. side-loaded) on the client\'s ledger. We hoped that the firmware on their ledger (2.0.0) already had support for the new cryptographic functions (i.e. BLS12-381 elliptic curve) needed to generate those keys, since updating the ledger firmware is very risky if you don\'t have the seed (if the ledger resets, everything is lost!).\n\nWe developed the custom recovery app using the ledger development tools on a Debian 11 Linux system running in virtualbox on a Windows 11 host.\n\nWe first tested the custom recovery app after side-loading it on a test Nano S+, but the firmware on our S+ did not support some of the functions we needed, so we decided to test using a Nano S (firmware 2.1.0), and everything was working as expected. We were able to generate the EIP2333 private keys. It takes about 16 sec for the Nano S to generate each key. The derivation process is very CPU intensive for the BLS12-381 elliptic curve, and the CPU in the Nano S is quite slow.\n\nWe validated the EIP2333 keys generated by our ledger app on our test device by comparing them to those generated with the Ian Coleman EIP2333 tool, and at first it looked like the keys didn\'t match. We found out that it was due to a bug in Ian Coleman EIP2333 tool (adding a new-line after the last mnemonic word breaks the bip39 seed!!). So finally we could confirm that the keys were correctly generated by our app. Our client also confirmed that the keys generated by the Ian Coleman EIP2333 tool match those generated by other EIP2333 tools.\n\nWe then sent the virtualbox image to our client, and they were able to run it out-of-the box in virtualbox on their Windows 11 system. The next step was to check that the custom recovery app was able to generate to right keys on another test Nano S, this time with firmware 2.0.0 (the exact same firmware version as the precious ledger Nano S containing the validators seed), as this would tell us if a (potentially risky) firmware update on the precious ledger would be needed on not.\n\nThe recovery app was side-loaded on the client test Nano S, and it was able to generate correct EIP2333 keys.\n\nThe next step was to run the app on the precious Nano S that contained the validator seed.\n\nWe got a bit worried when the side-loading proce... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['MicroStrategy co-founder and Executive Chairman Michael Saylor said the company isn’t just aware of Ordinals, it’s interested in how the protocol that’s set Bitcoin’s community abuzz could lead to software innovation.\nIn an interview at Bitcoin 2023 in Miami, Saylor exclusively toldDecryptthat the software firm is looking atOrdinalsand assessing its potential in terms of application development.\nOften used to create NFT-like assets on top of Bitcoin, Ordinalslaunched in January, and the protocol—while not embraced entirely by the Bitcoin community—has created a new wave of experimentation with crypto’s oldest coin.\nWhile Bitcoin Fees Soar to Two-Year Highs, El Salvador Pays the Price\nOne recent innovation in the space leveraging Ordinals is an experimental framework for building tokens on top of Bitcoin. It waspioneeredby the pseudonymous on-chain data enthusiast Domo in early March. And since then, thousands of other so-called BRC-20 tokens have been created.\nAll those transactions have been partly—or entirely, depending on who you ask—responsible for elevated transaction fees on Bitcoin. That’s been aboon for Bitcoin miners, who collecttransaction feesfor their role in securing the network. But lots of members of the community have complained that high fees make it harder forregular peopleto use BTC as the peer-to-peer electronic cash system thatSatoshi Nakamoto, the pseudonymous creator of Bitcoin, intended it to be.\nThe discussion surrounding Ordinals is important, Saylor said, because “Bitcoin miners have to be successful over the long term.” He added that the development of applications building on Bitcoin’s functionality could also bolster the coin’s overall adoption, among individuals, firms, and governments.\nSaylor didn’t specifically say what use cases MicroStrategy could be looking into that tap Ordinals, but he noted the ability to commit data to Bitcoin’s blockchain that isn’t solely related to transactions has many potential applications.\n“The whole idea of burning a piece of data on the blockchain opens the door to the possibility that I might burn a digital signature, or I might burn a registration, or I might burn a hash of a document,” Saylor said.\nMichael Saylor: Bitcoin Ordinals Are a ‘Catalyst’ for Adoption\nTouching on corporate security, Saylor mentioned DocuSign, which lets businesses and individuals send and sign agreements securely using the firm’s electronic signature product. But that makes mega corporations reliant on a proprietary database, Saylor noted.\n“Right now, enterprises have weak security compared to Bitcoin,” Saylor said, adding that innovations using the world\'s largest cryptocurrency could possibly “introduce a new level of security” available to firms “that doesn\'t exist right now.”\nSaylor’s comments come just a week after he described Ordinals as a “catalyst” for Bitcoin adoption on thePBD Podcast. Still, he acknowledges that Ordinals have been used for plenty of silly reasons.\n"The general consensus is criticize stuff that we think is silly, but don\'t censor it," he said on Thursday in Miami.\nSaylor didn\'t want to predict "which protocol will win,” but he said altering Bitcoin so that it censors certain uses would be wrong. It was a nod to the effort by a group of core Bitcoin developers, including Luke Dashjr, totreat Ordinals as "spam"and filter them out of transactions.\n“If somebody wants to change the protocol, in order to censor someone else from using Bitcoin, I don\'t think that\'s consistent with the values of the community,” Saylor said. “I do believe in rules without rulers.”', 'MicroStrategy co-founder and Executive Chairman Michael Saylor said the company isn’t just aware of Ordinals, it’s interested in how the protocol that’s set Bitcoin’s community abuzz could lead to software innovation.\nIn an interview at Bitcoin 2023 in Miami, Saylor exclusively toldDecryptthat the software firm is looking atOrdinalsand assessing its potential in terms of application development.\nOften used to create NFT-like assets on top of Bitcoin, Ordinalslaunched in January, and the protocol—while not embraced entirely by the Bitcoin community—has created a new wave of experimentation with crypto’s oldest coin.\nWhile Bitcoin Fees Soar to Two-Year Highs, El Salvador Pays the Price\nOne recent innovation in the space leveraging Ordinals is an experimental framework for building tokens on top of Bitcoin. It waspioneeredby the pseudonymous on-chain data enthusiast Domo in early March. And since then, thousands of other so-called BRC-20 tokens have been created.\nAll those transactions have been partly—or entirely, depending on who you ask—responsible for elevated transaction fees on Bitcoin. That’s been aboon for Bitcoin miners, who collecttransaction feesfor their role in securing the network. But lots of members of the community have complained that high fees make it harder forregular peopleto use BTC as the peer-to-peer electronic cash system thatSatoshi Nakamoto, the pseudonymous creator of Bitcoin, intended it to be.\nThe discussion surrounding Ordinals is important, Saylor said, because “Bitcoin miners have to be successful over the long term.” He added that the development of applications building on Bitcoin’s functionality could also bolster the coin’s overall adoption, among individuals, firms, and governments.\nSaylor didn’t specifically say what use cases MicroStrategy could be looking into that tap Ordinals, but he noted the ability to commit data to Bitcoin’s blockchain that isn’t solely related to transactions has many potential applications.\n“The whole idea of burning a piece of data on the blockchain opens the door to the possibility that I might burn a digital signature, or I might burn a registration, or I might burn a hash of a document,” Saylor said.\nMichael Saylor: Bitcoin Ordinals Are a ‘Catalyst’ for Adoption\nTouching on corporate security, Saylor mentioned DocuSign, which lets businesses and individuals send and sign agreements securely using the firm’s electronic signature product. But that makes mega corporations reliant on a proprietary database, Saylor noted.\n“Right now, enterprises have weak security compared to Bitcoin,” Saylor said, adding that innovations using the world\'s largest cryptocurrency could possibly “introduce a new level of security” available to firms “that doesn\'t exist right now.”\nSaylor’s comments come just a week after he described Ordinals as a “catalyst” for Bitcoin adoption on thePBD Podcast. Still, he acknowledges that Ordinals have been used for plenty of silly reasons.\n"The general consensus is criticize stuff that we think is silly, but don\'t censor it," he said on Thursday in Miami.\nSaylor didn\'t want to predict "which protocol will win,” but he said altering Bitcoin so that it censors certain uses would be wrong. It was a nod to the effort by a group of core Bitcoin developers, including Luke Dashjr, totreat Ordinals as "spam"and filter them out of transactions.\n“If somebody wants to change the protocol, in order to censor someone else from using Bitcoin, I don\'t think that\'s consistent with the values of the community,” Saylor said. “I do believe in rules without rulers.”', 'MicroStrategy co-founder and Executive Chairman Michael Saylor said the company isn’t just aware of Ordinals, it’s interested in how the protocol that’s set Bitcoin’s community abuzz could lead to software innovation. In an interview at Bitcoin 2023 in Miami, Saylor exclusively told Decrypt that the software firm is looking at Ordinals and assessing its potential in terms of application development. Often used to create NFT-like assets on top of Bitcoin, Ordinals launched in January , and the protocol—while not embraced entirely by the Bitcoin community—has created a new wave of experimentation with crypto’s oldest coin. While Bitcoin Fees Soar to Two-Year Highs, El Salvador Pays the Price One recent innovation in the space leveraging Ordinals is an experimental framework for building tokens on top of Bitcoin. It was pioneered by the pseudonymous on-chain data enthusiast Domo in early March. And since then, thousands of other so-called BRC-20 tokens have been created. All those transactions have been partly—or entirely, depending on who you ask—responsible for elevated transaction fees on Bitcoin. That’s been a boon for Bitcoin miners , who collect transaction fees for their role in securing the network. But lots of members of the community have complained that high fees make it harder for regular people to use BTC as the peer-to-peer electronic cash system that Satoshi Nakamoto , the pseudonymous creator of Bitcoin, intended it to be. The discussion surrounding Ordinals is important, Saylor said, because “Bitcoin miners have to be successful over the long term.” He added that the development of applications building on Bitcoin’s functionality could also bolster the coin’s overall adoption, among individuals, firms, and governments. Saylor didn’t specifically say what use cases MicroStrategy could be looking into that tap Ordinals, but he noted the ability to commit data to Bitcoin’s blockchain that isn’t solely related to transactions has many potential applications. Story continues “The whole idea of burning a piece of data on the blockchain opens the door to the possibility that I might burn a digital signature, or I might burn a registration, or I might burn a hash of a document,” Saylor said. Michael Saylor: Bitcoin Ordinals Are a ‘Catalyst’ for Adoption Touching on corporate security, Saylor mentioned DocuSign, which lets businesses and individuals send and sign agreements securely using the firm’s electronic signature product. But that makes mega corporations reliant on a proprietary database, Saylor noted. “Right now, enterprises have weak security compared to Bitcoin,” Saylor said, adding that innovations using the world\'s largest cryptocurrency could possibly “introduce a new level of security” available 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: 2023-05-19 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $521,756,520,469 - Hash Rate: 369469365.7613961 - Transaction Count: 515474.0 - Unique Addresses: 664491.0 Social & AI Sentiment: - Fear & Greed Index: 0.48 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The lending arm of crypto institutional brokerage Genesis and its associated debtors petitioned the court for a mediator on Monday, complicating abankruptcy casethat seemed to be well on its way to resolution two months earlier. More from Fortune:5 side hustles where you may earn over $20,000 per year—all while working from homeLooking to make extra cash? This CD has a 5.15% APY right nowBuying a house? Here's how much to saveThis is how much money you need to earn annually to comfortably buy a $600,000 home In the motion, lawyers for Genesis said that a mediator was needed to resolve “one of the most important issues in these Chapter 11 proceedings: the amount, form, timing, and other terms and conditions of DCG’s contribution to the Debtors’ reorganization plan.” Genesis reportedly owes its main creditors approximately $2.4 billion, according toa report from CoinDesk, out of the approximately $3.4 billion in liabilities the company cited in its bankruptcy filing. In February, Genesis’s main creditors and parent company, Digital Currency Group, which is run by crypto billionaire Barry Silbert, agreed toan initial restructuring plan. “More than two months after all parties agreed to a comprehensive settlement that was submitted by Genesis Capital to the Bankruptcy Court, a group of Genesis Capital’s creditors have reneged and raised all-new demands,” DCG said in a statement Tuesday morning. Genesis’s committee for unsecured creditors—the legal entity that represents hundreds of thousands who had funds stored on the lending arm for Genesis—did not immediately respond to a request for comment when contacted byFortune. As a slew of crypto companies declared bankruptcy over the past year, most infamouslythe exchange FTX, Genesis suddenly found itself in deep water. It laid off 30% of its staff, and its lending unit, Genesis Global Capital,suspended customer withdrawalsin November. This brought it into direct conflict with Gemini, a crypto exchange run by Cameron and Tyler Winklevoss, who are most famous for their role in the founding ofFacebook. Genesis and Gemini had previously partnered on a yield-bearing product, Gemini Earn. Customers using the product had funds stored in Genesis, which they suddenly couldn’t withdraw. In January, the lending arm of Genesis filed for bankruptcy, and Gemini became one of its main creditors. One month later, the bankruptcy case seemed to be on its way to being resolved, as main creditors for the lending arm agreed to sell off the bankrupt entities of Genesis, specifically its lending arm and crypto-trading business. The deal also included winding down the Genesis loan book as well as refinancing a $100 million loan in Bitcoin and a $500 million loan in cash that DCG borrowed from the struggling crypto brokerage. A spokesperson for Gemini did not immediately respond to a request for comment. This story was originally featured onFortune.com More from Fortune:5 side hustles where you may earn over $20,000 per year—all while working from homeLooking to make extra cash? This CD has a 5.15% APY right nowBuying a house? Here's how much to saveThis is how much money you need to earn annually to comfortably buy a $600,000 home... - 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: ['May 19—A 76-year-old Oxford woman was scammed out of $30,000 last week by individuals claiming to be Microsoft customer service and an agent of the "Federal Government Fraud Department."\nAccording to an Oxford Police report, the woman was lured into the scheme when her laptop acted abnormally — frozen, screen flashing and making a loud noise. At the bottom of the screen was what appeared to be a Microsoft logo and a phone number attached to it. The woman told police she called the number and reached a man who claimed he could help her repair her computer.\nA short time later, she said she was contacted by another man claiming to be from the non-existent Federal Government Fraud Department. He told the woman that her bank account had two fraudulent deposits of $15,000 and $23,000, which he advised needed to be taken to the nearest Bitcoin Depot ATM, a machine that takes cash deposits and purchases the popular cryptocurrency Bitcoin before transferring it, untraceably, to an anonymous "digital wallet."\nThe woman withdrew $15,000 from her bank and deposited it at the Bitcoin Depot ATM at the Circle K at 11 N. College Ave. in Oxford.\nThe fake agent called her again the next day, advising her to take $23,000 out of her account this time and deposit it into the Bitcoin Depot ATM for safekeeping. The woman\'s unspecified bank only allowed her to withdraw another $15,000. The woman told police that she felt uncomfortable with making the ATM deposit, so she took it to her home. But, as time wore on, she decided to make the deposit again.\nIn total, the woman deposited $30,000 into the Bitcoin Depot ATM after being advised under false pretenses. She\'s working with her bank to see what options are available to her.\nThe Journal-News spoke with a customer service representative at Bitcoin Depot who said there\'s no way to trace where the purchased Bitcoin went. Though the representative had no knowledge of this exact case, she said the only action the company can take in cases of fraud is to deactivate the victim\'s account and flag the digital wallet of the recipient to make sure no more Bitcoin can be transferred to that wallet. They can, however, return the ATM fee to the victim.\nBitcoin Depot has more than 7,000 ATMs across the country, including 11 in Butler County. The customer service representative said fraud occurs daily.', 'May 19—A 76-year-old Oxford woman was scammed out of $30,000 last week by individuals claiming to be Microsoft customer service and an agent of the "Federal Government Fraud Department."\nAccording to an Oxford Police report, the woman was lured into the scheme when her laptop acted abnormally — frozen, screen flashing and making a loud noise. At the bottom of the screen was what appeared to be a Microsoft logo and a phone number attached to it. The woman told police she called the number and reached a man who claimed he could help her repair her computer.\nA short time later, she said she was contacted by another man claiming to be from the non-existent Federal Government Fraud Department. He told the woman that her bank account had two fraudulent deposits of $15,000 and $23,000, which he advised needed to be taken to the nearest Bitcoin Depot ATM, a machine that takes cash deposits and purchases the popular cryptocurrency Bitcoin before transferring it, untraceably, to an anonymous "digital wallet."\nThe woman withdrew $15,000 from her bank and deposited it at the Bitcoin Depot ATM at the Circle K at 11 N. College Ave. in Oxford.\nThe fake agent called her again the next day, advising her to take $23,000 out of her account this time and deposit it into the Bitcoin Depot ATM for safekeeping. The woman\'s unspecified bank only allowed her to withdraw another $15,000. The woman told police that she felt uncomfortable with making the ATM deposit, so she took it to her home. But, as time wore on, she decided to make the deposit again.\nIn total, the woman deposited $30,000 into the Bitcoin Depot ATM after being advised under false pretenses. She\'s working with her bank to see what options are available to her.\nThe Journal-News spoke with a customer service representative at Bitcoin Depot who said there\'s no way to trace where the purchased Bitcoin went. Though the representative had no knowledge of this exact case, she said the only action the company can take in cases of fraud is to deactivate the victim\'s account and flag the digital wallet of the recipient to make sure no more Bitcoin can be transferred to that wallet. They can, however, return the ATM fee to the victim.\nBitcoin Depot has more than 7,000 ATMs across the country, including 11 in Butler County. The customer service representative said fraud occurs daily.', 'Timothy A. Clary/Getty Images US stocks fell Friday after talks in Washington over raising the debt ceiling were paused. "We\'ve got to get movement by the White House and we don\'t have any movement yet," House Speaker Kevin McCarthy said. Stocks earlier this week hit a nine-month high on hopes a debt-limit deal was in reach soon. US stocks finished in the red Friday after negotiations in Washington over raising the US debt ceiling hit an impasse, flaring up worries the US may default on its debt for the first time ever. Republican House Speaker Kevin McCarthy said talks with the Biden administration had reached a standstill. "We\'ve got to get movement by the White House and we don\'t have any movement yet," McCarthy said at the Capitol, according to the Associated Press . "So, yeah, we\'ve got to pause." Stocks swung lower as investors previously expected negotiators to reach an agreement soon to increase the $31 trillion debt limit before a June 1 deadline. But the major indexes were still able to log weekly gains after the S&P 500 and the Nasdaq Composite earlier notched nine-month highs. Here\'s where US indexes stood at the 4:00 p.m. closing bell on Friday: S&P 500 : 4,191.98, down 0.14% Dow Jones Industrial Average : 33,426.63, down 0.33% (109.28 points) Nasdaq Composite : 12,657.90, down 0.24% Treasury Secretary Janet Yellen has warned the country could run out of cash to pay bills by early June. Jason Mountford, market trend analyst at Q.ai, told Insider in a note this week he doesn\'t foresee the US defaulting on its debt. Such an unprecedented event would "cause chaos on the markets," he said. Stocks "would sell off dramatically, and it wouldn\'t be beyond the realms of possibility to see the biggest one-day fall in history," he said. Meanwhile, "yields would skyrocket, as US debt would all of a sudden be perceived as much higher risk than it is currently." Elsewhere Friday, Federal Reserve Chair Jerome Powell said with credit conditions tightening, the central bank\'s policy rate "may not need to rise as much as it would have otherwise to achieve our goals." Story continues The prevailing Wall Street view is that the Fed will pause its rate-tightening efforts and cut rates at least twice during the second half of 2023, Sam Stovall, chief investment strategist at CFRA Research, told Insider. "However, as a result of still-sticky inflation, concern that the Fed is not quite done has been growing, as well as the possibility that the Fed won\'t start an easing cycle before 2024." Stovall said he sees the Fed taking its time in starting new rate reductions. Here\'s what else is happening today: Bank of America warned on mega-cap tech stocks, saying a "big asset bubble" in growth shares is building. The S&P 500 will crash 30% by December as spending slumps and banking problems mount, said markets guru Larry McDonald. WeWork short-sellers took in $440 million in profit as shares plunged 96% over the past year. "Rich Dad Poor Dad" author Robert Kiyosaki said investors should buy bitcoin and gold as the economy heads toward a crash landing. In commodities, bonds, and crypto: West Texas Intermediate crude fell 0.2% to trade at $71.68 per barrel. Brent crude, the international benchmark, lost 0.5% to $74.31. Gold picked up 0.9% to $1,977.50 per ounce. The 10-year Treasury yield rose 5 basis points to 3.70%. Bitcoin rose 0.4% to $28,846.40. Read the original article on Business Insider', '• US stocks fell Friday after talks in Washington over raising the debt ceiling were paused.\n• "We\'ve got to get movement by the White House and we don\'t have any movement yet," House Speaker Kevin McCarthy said.\n• Stocks earlier this week hit a nine-month high on hopes a debt-limit deal was in reach soon.\nUS stocks finished in the red Friday after negotiations in Washington over raising the US debt ceiling hit an impasse, flaring up worries the US may default on its debt for the first time ever.\nRepublican House Speaker Kevin McCarthy said talks with the Biden administration had reached a standstill.\n"We\'ve got to get movement by the White House and we don\'t have any movement yet," McCarthy said at the Capitol,according to the Associated Press. "So, yeah, we\'ve got to pause."\nStocks swung lower as investors previously expected negotiators to reach an agreement soon to increase the $31 trillion debt limit before a June 1 deadline. But the major indexes were still able to log weekly gains after the S&P 500 and the Nasdaq Composite earlier notched nine-month highs.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500:4,191.98, down 0.14%\n• Dow Jones Industrial Average:33,426.63, down 0.33% (109.28 points)\n• Nasdaq Composite:12,657.90, down 0.24%\nTreasury Secretary Janet Yellen has warned the country could run out of cash to pay bills by early June.\nJason Mountford, market trend analyst at Q.ai, told Insider in a note this week he doesn\'t foresee the US defaulting on its debt. Such an unprecedented event would "cause chaos on the markets," he said.\nStocks "would sell off dramatically, and it wouldn\'t be beyond the realms of possibility to see the biggest one-day fall in history," he said. Meanwhile, "yields would skyrocket, as US 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: 2023-05-20 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $524,218,792,969 - Hash Rate: 322669912.76495266 - Transaction Count: 423736.0 - Unique Addresses: 559902.0 Social & AI Sentiment: - Fear & Greed Index: 0.48 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin and Ether prices fell on Friday morning in Asia. After a bullish run, Litecoin joined most other top 10 non-stablecoin cryptocurrencies in recording losses. XRP was the sole winner. It recorded gains following the launch of its new central bank digital currency (CBDC) platform by its issuer Ripple. U.S. equity futures moved higher after a strong rally in regular trading Thursday. Positive earnings reports, debt ceiling talks both played a role. See related article: Is Tether unmoored or just dandy? XRP makes standout gain Bitcoin fell 1.97% to US$26,852.75 in the 24 hours to 7:45 a.m. Friday in Hong Kong, down 0.67% over the last seven days according to CoinMarketCap data. The dip back below the $27,000 threshold indicated a return to a bearish trend following gains Thursday. That trend should be short lived, however, said financial analyst Tone Vays during an interview. I do believe that we have bottomed. We are now in a halving cycle which tends to have Bitcoin go up with less than one year to the halving event. Halving refers to a pre-programmed reduction of the rate at which new tokens are created, which reduces supply and can drive prices higher. We have had an extended bear market and its just time for Bitcoin to rise again, Vays added. Like Bitcoin, Ether fell 0.92% to US$1,804.6. However, it posted gains of 0.29% for the week. XRP was the sole gainer among the top 10 non-stablecoin cryptocurrencies. It gained 2.68% to US$0.4607 while adding 9.13% in the last seven days. Those gains followed an announcement Thursday by Ripple Labs. The payment protocol and exchange network said it is launching a platform for a CBDC as part of Hong Kongs inaugural e-HKD (electronic Hong Kong dollar) pilot program. The Ripple platform will offer a frictionless end-to-end solution for central banks, governments, and financial institutions to issue their own central bank digital currency, according to a company press release . Story continues Ripple will partner with Taiwan-based Fubon Bank on the project. The announcement followed further Ripple-related news earlier this week. On Wednesday, a U.S. federal judge denied a motion filed by the Securities and Exchange Commission (SEC) to prevent public access to the so-called Hinman document. These internal documents relate to former SEC director William Hinmans comments that Bitcoin and Ether are not financial securities. The decision is considered a win for Ripple Labs in its ongoing legal dispute with the SEC. The regulator accuses them of providing unregistered securities. Elsewhere, most other top 10 non-stablecoin cryptocurrencies traded lower. Solana led the losers. It fell 3.4% to US$20.36, but was up 0.37% over the past seven days. Litecoin lost ground after a bullish week. It was down 3.37% to US$90.77. The Bitcoin-like cryptocurrency had seen a surge in recent interest. This was mainly due to congestion and higher transaction fees on the Bitcoin network associated with the current popularity of ordinals. The Litecoin network has also now seen its own surge in ordinal inscriptions. On the recent popularity of ordinals on the Bitcoin network in particular, Vays identified a solution to the operational issues it raises. The Bitcoin main chain was not really designed for this kind of purpose, he said. Yes, the Bitcoin blockchain can be used for these kinds of projects. I just wish they were done on the Liquid sidechain. The layer 2 solution Liquid offers ways to incorporate ordinals and other initiatives on the Bitcoin blockchain without raising transactions fees, he added. The total crypto market capitalization fell 1.44% in the past 24 hours to US$1.12 trillion. Total trading volume lost 6.46% to US$32.07 billion. Space Pepe NFTs soar 28270% The indexes are proxy measures of the performance of the global NFT market. They are managed by CryptoSlam , a sister company of Forkast.News under the Forkast.Labs umbrella. In the non-fungible token market, the Forkast 500 NFT index rose 0.1% to 3,387.40 points in the 24 hours to 9:30 a.m. in Hong Kong. It was up 0.1% over the last seven days. Daily NFT sales on Ethereum, the leading blockchain for NFTs, fell 17.31% to US$14.4 million. Sales on the Bitcoin blockchain also lost 11.45% according to CryptoSlam! data to US$6.9 million. Space Pepes, a Bitcoin NFT collection based on the Pepe the Frog meme, skyrocketed 28270% to US$7.3 million in the last 24 hours leading up to 11:30 a.m. in Hong Kong. The collection topped Cryptoslams NFT collection ranking by sales volume. Uncategorized Ordinals Cryptoslams category of Bitcoin Ordinals that are not part of one established collection rose 140.12% to US$1.9 million over the past 24 hours. The Mythos blockchain-based DMarket NFT collection ranked second. DMarket consists of online gaming NFTs traded on the game-item marketplace of the same name. It was acquired by blockchain game maker Mythical Games in January this year. In individual NFT sales, Bored Ape Yacht Clubs #5042 registered the highest price. It sold for US$172,135. U.S. equities rally; hawkish noises from the Fed Federal Reserve Chairman Jerome Powell \| Image: Getty Images U.S. stock futures traded higher as of 10:45 a.m. in Hong Kong, adding momentum to Thursdays rally. The Dow Jones Industrial Average futures edged up 0.074%, while the S&P 500 futures gained 0.17%. The Nasdaq Composite futures added 0.28% after it gained 1.51% during market trading on Thursday. The three Wall Street stock indexes rose after U.S. House of Representatives Speaker Kevin McCarthy said a bill to raise the countrys debt ceiling could be put to a vote next week. The comments followed positive talks with U.S. President Joe Biden, easing investor concerns that the U.S. could default on its debt. That scenario, which would have major repercussions for U.S. and global markets, can be avoided if the White House and congress can agree to raise the debt ceiling. Biden and McCarthy have been actively discussing a solution to the ongoing standoff throughout this week.Biden too has expressed optimism that an agreement can be reached. Democratic negotiators informed the president Friday that they are making steady progress on debt ceiling talks ahead of his attendance in Japan for the weekends Group of Seven summit. Treasury Secretary Janet Yellen warned earlier this month that the U.S. will start to fail to make its debt payments as early as June 1. Yellen called for fast action on raising the debt ceiling, as she said a debt default would devastate jobs and businesses in the country. On the relationship between the crisis and crypto markets, Clara Medalie, Head of Research at crypto market data provider Kaiko, told Forkast via email that there was so far little sign of any impact based on recent price movements.This is in large part because the event hasnt yet played out and there remains hope that a deal will be reached before June 1, she added. Elsewhere, U.S. investors saw positive Q1 earnings results from major U.S. companies. Walmart, the worlds largest company by revenue, reported 7.6% total revenue growth for the quarter. We had a strong quarter. Comp sales were strong globally with eCommerce up 26%. We leveraged expenses, expanded operating margin, and grew profit ahead of sales, said Walmart President Doug McMillion in the companys earnings report . California-based tech manufacturer Nvidia stocks jumped nearly 5% on Thursday after the company announced that it partnered with another California-based cloud software company ServiceNow to build AI for enterprises. On interest rates, Federal Reserve Chair Jerome Powell is due to speak publicly on Friday. He is expected to signpost the central banks latest policy views on inflation and rates. Other members of the Fed made hawkish comments Thursday. Fed governor Philip Jefferson said the U.S. should wait to assess the full effect of higher interest rates on inflation so far before deciding to rule out further hikes. Dallas Fed President Lorie Logan also said that it is not yet time to pause interest rate hikes. U.S. interest rates are now between 5% and 5.25%, the highest since 2006. The Fed meets again on June 14 to decide if another rate hike is necessary. Inflation was at 4.9% in April, lower than expected but still ahead of the Feds 2% target. The CME FedWatch Tool predicts a 66.7% chance the Fed will leave rates unchanged in June, down from 76.2% a day prior. It predicts a 33.3% chance for another 25 basis-point rate increase.... - Reddit Posts (Sample): [['u/Halo22B', 'Ledger thought of you the day', 76, '2023-05-20 01:30', 'https://www.reddit.com/r/Bitcoin/comments/13mbe8f/ledger_thought_of_you_the_day/', 'More people are going to lose their BTC switching to some poorly understood "safer" methodology than would ever get "rugged by Ledger Recover"', 'https://www.reddit.com/r/Bitcoin/comments/13mbe8f/ledger_thought_of_you_the_day/', '13mbe8f', [['u/AdministrativeRow904', 11, '2023-05-20 01:46', 'https://www.reddit.com/r/Bitcoin/comments/13mbe8f/ledger_thought_of_you_the_day/jku9vni/', 'I concur.', '13mbe8f'], ['u/hahahahaaaahaha', 29, '2023-05-20 02:13', 'https://www.reddit.com/r/Bitcoin/comments/13mbe8f/ledger_thought_of_you_the_day/jkudbyo/', 'I agree. Risk management is something we all have to consider and the Ledger risk is still low. If I had millions dollars of BTC, would I be concerned? Sure. Most people will be fine.', '13mbe8f'], ['u/oGceaseless', 14, '2023-05-20 03:20', 'https://www.reddit.com/r/Bitcoin/comments/13mbe8f/ledger_thought_of_you_the_day/jkulppl/', "Extract it through their software or by physical means only?\n\nIf the software can do it. Then I'm definitely going to be moving my coins... probably not tomorrow, sure I'll have a hangover, but this weekend for sure. Thank you for the response and summing it up so concisely!", '13mbe8f'], ['u/WorldlyTransition476', 11, '2023-05-20 03:54', 'https://www.reddit.com/r/Bitcoin/comments/13mbe8f/ledger_thought_of_you_the_day/jkupwog/', 'Don’t listen to all the crazies online just keep your ledger the same as it was before.', '13mbe8f']]], ['u/elrobsterlobster', 'How does timing work with “___ train is now arriving? And why is the timing off even on CBTC lines?', 32, '2023-05-20 01:31', 'https://www.reddit.com/r/nycrail/comments/13mbf8v/how_does_timing_work_with_train_is_now_arriving/', 'The announcements for 7 trains at Queensboro Plaza and L trains at Union Square seem to have bad/inconsistent timing. Sometimes they’ll announce that the train is arriving when it’s already closing its doors and sometimes it’s 2 minutes early. How is the timing of these announcements controlled and why isn’t it automated to be consistent on CBTC lines?', 'https://www.reddit.com/r/nycrail/comments/13mbf8v/how_does_timing_work_with_train_is_now_arriving/', '13mbf8v', [['u/Sn584', 15, '2023-05-20 05:35', 'https://www.reddit.com/r/nycrail/comments/13mbf8v/how_does_timing_work_with_train_is_now_arriving/jkv24hf/', 'It has no fucking clue. Which is why punchboxes still exist', '13mbf8v'], ['u/SamTheGeek', 11, '2023-05-20 14:13', 'https://www.reddit.com/r/nycrail/comments/13mbf8v/how_does_timing_work_with_train_is_now_arriving/jkw7pi8/', 'The 7 and L are both full CBTC', '13mbf8v'], ['u/SamTheGeek', 16, '2023-05-20 14:16', 'https://www.reddit.com/r/nycrail/comments/13mbf8v/how_does_timing_work_with_train_is_now_arriving/jkw7yyu/', 'Train timing still depends on the two different countdown systems installed last decade. \n\nA division uses an interface with the old signaling system and assumptions about how fast trains will travel based on speed limits in place. This means it’s guessing which blocks are occupied — and that means it also doesn’t take into account time differences as a result of CBTC. \n\nB division uses Bluetooth beacons that tell the system when the train is in each station. It makes announcements based on average travel times between stations based on recent data. If I had to guess, the L is currently working with bad average data because of all the construction over the past few weeks/months at 6th avenue.', '13mbf8v']]], ['u/thatprickagain', 'Everyone’s posting their reviews, I’m shit faced, here’s mine:', 45, '2023-05-20 01:40', 'https://www.reddit.com/r/DMB/comments/13mbmlj/everyones_posting_their_reviews_im_shit_faced/', 'For context, i’m studying music and had 6 performance exams today; I play in a band I’d like to think are very influenced by the band.\n\n I was seriously looking forward to listening and I’ve now done it in full 7 times. And gotten drunk cause i’m finished for 3 months babbbyyyy.\n\nWalk around the moon: it’s a bop and a banger. The studio touches of reverse tape echo after the first chorus are really lovely and the band sound like they’re having fun. 8/10\n\nMadman’s eyes: I’ve listened to this loads because it was the first single and it’s a whopper. Awesome instrumentation, band again sound like they’re having a great time with it. String section is lush and beautiful. 10/10\n\nLooking for a vein: they really had this good a track and let a drum machine even try to compete with Carter. I get that Dave has 300 million dollars to his name, but this feels very lazy. 2/10\n\nThe Ocean and The Butterfly: the chord progression instantly puts me in 60’s do-wop territory; the acoustic line and hot rod/brush drumming throws me back to the first time I hear pay for what you get. I feel like it had more potential, and live performances tell me I’m right. Sometimes what we get is what we get. 7/10\n\nIt Could Happen: this is a lovely song. Not just a lovely Dave song but a lovely song. It really is a very classic sounding pop song with some really cool synth lines from Buddy, and the strings are still lovely. Personally, I like more of Dave’s avant garde stuff and I think that definitely happens more when he writes with the band rather than had them accompany him. Gonna give it a 6/10 but I am being harsh here for sure.\n\nSomething To Tell: look, it’s a Dave solo song, no doubt, and the band could’ve made this a beautiful track, but compare it to any ‘man and guitar’ song (see:Vincent black lightning by Richard Thompson) and it doesn’t hold and a candle to any of his earlier work, let alone the best in his field. 3/10\n\nAfter Everything: Dave gets the classic rock bug and the band are absolutely fucking loving it. The way Carter had the beat slightly drag over Stefan’s walking line, and Dave sounds like he’s absolutely into it. Sure, the lyrics are nonsense, but so’s all of rock music if you look too close. 8/10\n\nAll you wanted: all I wanted was for Dave to shed his Americana routing of predictable melodies and chord progressions, but here we are. The horns are fabulous but they’re holding back for sure. Rashawn does a great job making a fairly standard song stand out, but it’s just not enough. 3/10\n\nThe Only Thing: this song. This fucking song makes me see a future for the band. They’re all flying high, tightly grooving and Buddy’s addition gets to shine with what I can only describe as a genesis level keyboard odyssey, with Tim surfing the waves all the way home. No songwriting notes, it doesn’t need any. Dave’s voice is just another instrument and it is beautiful. 9/10\n\nBreak Free: there’s nothing worse than having a song hang around so long that your audience have written it for you. Personally I dig it. If this had appeared on busted stuff I would have been like WHAT. But it would have worked. The track might’ve saved Stand Up. Gonna give it a 7/10. Come at me.\n\nMonsters: Again, I may have listened too much before the album, but I found it a great comfort with all the exam stress and studying the last couple weeks. It’s not an amazing track, and it needs more band. But a lovely song. 7/10\n\nSinging From The Windows: again, Dave ends the album with a whimper instead of a scream or an explosion. This track really could’ve felt earned if there was more of a band presence on this album but there just isn’t enough to justify it’s existence. That aside, it’s a lovely melody and Dave really is singing from his heart here, might get downvoted but it deserves a 5/10.\n\nAll in all, look, it’s no worse than stand up, it’s probably on a par with Come Tomorrow, and it’s nowhere near big whiskey. I want that energy and band communal energy from BTCS, Crash and I think they really recaptured that on big whiskey. But if I was 56 and worth a quarter billion, i know I wouldn’t give a fuck. Better to just enjoy the highs and ignore the lows. Treat DMB like life.\n\nPeace out, and happy listening xoxo', 'https://www.reddit.com/r/DMB/comments/13mbmlj/everyones_posting_their_reviews_im_shit_faced/', '13mbmlj', [['u/Animalpoop', 11, '2023-05-20 03:23', 'https://www.reddit.com/r/DMB/comments/13mbmlj/everyones_posting_their_reviews_im_shit_faced/jkum4qv/', "Thank you for the review. For me the album works as a whole, and I think it's easily their best since at least Big Whiskey. \n \nIt's different and very representative of where the band is now, and it has some of Dave's best lyrics in years as well. \n \nNot understanding the hate for this album. Not to say you are hating on it. Just seen it a lot the last few days, and to me the album is wonderful. \n \n(Also I love Looking for a Vein).", '13mbmlj']]], ['u/GBIZZZ', 'HPOS10I Ticker $bitcoin - Has Some Serious Legs', 64, '2023-05-20 03:54', 'https://www.reddit.com/r/CryptoMoonShots/comments/13mend0/hpos10i_ticker_bitcoin_has_some_serious_legs/', "I've never come across such a dedicated team of meme makers, developers, or anything of the like the same as HarryPotterObamaSonic10Inu. Originally it was launched on BSC with a 10% tax, last week the devs relaunched on Ethereum. $bitcoin on Ethereum had a better ring to it anyways. With a solid history in the meme-sphere as well as fresh ones being baked every day I've truly never laughed as hard as this with any project. \nThere's thousands of memecoin variants that have spurred out of the pepe run, but every one nearly turned out to be a p+d or scam entirely trying to capitalize on it's success. This one is different, original and has built quite a lore building for itself already. From the ticker $bitcoin being shadow banned (old twitter rules) to the official acct being unsearchable it's been an uphill battle for this project but it's been grinding it's way onto the Dextools charts as well as Twitter every single day this week. Each day it's growing organically, no bots, completely influen... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 will examine the 12 Trusted Bitcoin investment sites. If you want to skip the detailed analysis, visit5 Trusted Bitcoin investment sites.\nIn today's technologically advanced world, people have come beyond physical assets and currencies in dealing with transactions. That's where cryptocurrency comes in, giving users a convenient way to buy and sell products and services through e-money. However, it's important to be vigilant and conduct due diligence before selecting a cryptocurrency investment platform or site in terms of its reputation, authenticity, current status, and credibility. This article will give useful insight to Bitcoin investors about 12 Trusted Bitcoin investment sites.\nCryptocurrencies remained popular in 2021, especially Bitcoin (BTC). Goldman Sachs started dealing with transactions in cryptocurrencies. In April 2021, Coinbase Global Inc. (NASDAQ:COIN) was among the first crypto exchange platform to go public at a valuation of approx.$100 billion. Alphabet Inc. (NASDAQ:GOOG) shook hands with Coinbase in October 2022 to create feasibility for its cloud computing clients to deal transactions in e-money. Moreover, Microsoft Corporation (NASDAQ:MSFT) also began accepting BTC as payments from users since 2014.\nThe most well-known cryptocurrency, Bitcoin, had a successful year, according to CNBC. Since 2021, the worth of the e-currency has risen by about 70%, driving the total market worth of crypto above$2 trillion. However, 2022 happened to be unfavorable for most cryptocurrency holders. Throughout 2022, Bitcoin lost65% of its market share. A series of bad events, comprising the collapse of FTX (one of the biggest cryptocurrency exchanges), the crash of Terra Luna, and the predicted unfavorable macroeconomic situations, took crypto devotees by surprise.\nWhen the Federal Reserve began to boost interest rates to combat excessive inflation, the price of cryptocurrencies fell much like almost everything else in the financial sector. That surprised many of Bitcoin's most ardent supporters, many of whom thought the digital money would act like gold does: as a hedge against inflation. In contrast to their predictions, the price of Bitcoin was dropping at the time of rapid inflation.\nThe main cause of the crypto market's slump was the failure of FTX. In addition to causing a significant market sell-off, FTX's bankruptcy and dispute with Binance have decreased liquidity in the cryptocurrency market. Individual investors, particularly those who purchased digital assets close to the highs, have suffered. However, structural issues in the sector have been highlighted,according to Lee Reiners(an expert in cryptocurrency law and policy):\n“It really exposed a number of crypto firms who were, you know, overextended, had poor risk management, or otherwise were engaging in fraudulent activity.”\nFor the majority of cryptocurrencies, 2023 has begun on a clean and favorable note. Some investors have turned to Bitcoin and other popular cryptocurrencies for safety as inflation has slowed down, the recession is becoming more imminent, and the U.S. financial crisis is still raging.\nAccording to Analytics Insight, some market analysts believe Bitcoin will reach a price of$100,000 by the end of 2023. Others claim that Bitcoin won't rise over $70,000.\nBitcoin traded in a constrained price range from $26,000 to $28,600 from halfway through March to mid-April. On April 10, Bitcoin saw a breakout to the upside, reachinga high of $31,005on the back of favorable inflation statistics that suggested the Fed may decide to hold off on interest rate rises in favor of rate cuts sooner than previously anticipated. Bitcoin has increased by80% this yearcompared to last. Although Bitcoin is still approximately 50% below its all-time high, which was over $69,000 in November 2021, the path to recovery is still lengthy.\nThe fact that Bitcoin will experience a halving event in 2024 is another factor supporting analysts' positive outlook on the cryptocurrency. Every four years, there is a Bitcoin halving event in which the currency's miner payouts are cut in half. Given that halving serves to reduce supply, this occurrence is widely seen as being favorable for Bitcoin's price. In the past, halving has been viewed as a highly positive indicator for boosting Bitcoin's price.\nFor our list of 12 Trusted Bitcoin investment sites, the main factor on which we based our list is the 'score’ from 0.0 to 10.0 extracted fromCoinmarketcapas of the writing of this article. The score reflects average liquidity and investors' confidence, among other factors, on the crypto exchange platforms. We have also mentioned the platforms' trading volume (keeping in mind that trading volume fluctuates at any given time).\nSo, without further delay, let's head toward 12 Trusted Bitcoin investment sites.\nScore: 6.5\nTrading Volume: $298,644,218\nHuobi is one of the most trusted platforms for bitcoin trade, but the platform alos has its own coin. The native cryptocurrency of Huobi Global exchange is called Huobi Token (HT). Huobi users received Huobi Token in 2018 as part of a unique giveaway program that gave tokens out for free to platform users.\nScore: 6.6\nTrading Volume: $8,048,955\nAlthough Gemini supports fewer cryptocurrencies (including BTC), it places a strong emphasis on the security and compliance of the funds that its consumers invest with it. Despite having fewer assets, this platform is still a great choice for both new and seasoned traders due to its strong security emphasis and selection of tools and products.\nGemini has become thefirst SOC 2-certified cryptocurrency exchangein the market, demonstrating its dedication to security. The SOC 2 evaluation gauges a company's or product's levels of compliance and safety and is conducted by outside auditors.\nScore: 6.6\nTrading Volume: $322,173,059\nAn investor can trade BTC on Gate.io for a maximum trading cost of 0.2%. Customers can decrease this charge in a number of ways, including by using the utility token of Gate.io. While not the cheapest on the market, this cost is also not the most expensive either.\nScore: 6.6\nTrading Volume: $573,256,808\nLBank offers a web-based trading platform that is unique in many ways. The site also includes a number of sophisticated tools and features, including the technical analysis indicatorsRSI, KDJ, MACD, and CCI. The exchange platform also includes a volume window below the order windows and a market depth window below the chart. All of the attributes are displayed in an intuitive way.\nScore: 7.0\nTrading Volume: $28,683,171\nBitfinex, which was established in 2012, has comparatively cheap trading costs, with the majority of trade deals costing just 0.20% or less. Their trading interface is easy to use, and seasoned traders will value the capabilities and possibilities it provides. To test one’s approach before investing real capital, an individual may start with a free paper trading account that provides them access to the Bitfinex platform and handles their money with convenience (this is akin to a stock market game).\nScore: 7.0\nTrading Volume: $217,986,015\nInvestors on Bybit can leverage their funds 100 times for Bitcoin and 50 times for other currencies. Additionally, users can also avail the option of purchasing temporary loss insurance. Both the site and the mobile app have attractive features for its loyal investors. Bybit provides traders with the Market Maker Incentive Program, which gives a maker fee reimbursement ofup to 0.015%.\nScore: 7.1\nTrading Volume: $32,635,496\nDue to the presence of a small selection of currencies, Bitstamp is perhaps better suited for freshies\xa0and casual traders. Bitstamp Tradeview, Bitstamp.net,\xa0and Bitstamp Mobile are the three platforms that traders may utilize to trade. On all platforms, trading fees are the same. For users with less than $10,000 in trading activity over the last 30 days, the maximum trading cost on Bitstamp is merely0.50%. Investors who trade larger sums each month would see a significant reduction in fees, which is on par with, or cheaper than what other well-known crypto exchanges charge.\nClick to continue reading and see5 Trusted Bitcoin Investment Sites.\nSuggested Articles:\n• 10 Best Bitcoin Stocks to Invest in\n• 15 Biggest Bitcoin Mining Companies in the World\n• 15 Countries Where Bitcoin is Legal or Illegal\nDisclosure: None.12 Trusted Bitcoin Investment Sitesis originally published on Insider Monkey.", "In this article, we will examine the 12 Trusted Bitcoin investment sites. If you want to skip the detailed analysis, visit5 Trusted Bitcoin investment sites.\nIn today's technologically advanced world, people have come beyond physical assets and currencies in dealing with transactions. That's where cryptocurrency comes in, giving users a convenient way to buy and sell products and services through e-money. However, it's important to be vigilant and conduct due diligence before selecting a cryptocurrency investment platform or site in terms of its reputation, authenticity, current status, and credibility. This article will give useful insight to Bitcoin investors about 12 Trusted Bitcoin investment sites.\nCryptocurrencies remained popular in 2021, especially Bitcoin (BTC). Goldman Sachs started dealing with transactions in cryptocurrencies. In April 2021, Coinbase Global Inc. (NASDAQ:COIN) was among the first crypto exchange platform to go public at a valuation of approx.$100 billion. Alphabet Inc. (NASDAQ:GOOG) shook hands with Coinbase in October 2022 to create feasibility for its cloud computing clients to deal transactions in e-money. Moreover, Microsoft Corporation (NASDAQ:MSFT) also began accepting BTC as payments from users since 2014.\nThe most well-known cryptocurrency, Bitcoin, had a successful year, according to CNBC. Since 2021, the worth of the e-currency has risen by about 70%, driving the total market worth of crypto above$2 trillion. Howev Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-21 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $522,146,415,131 - Hash Rate: 371932494.8664721 - Transaction Count: 486625.0 - Unique Addresses: 542208.0 Social & AI Sentiment: - Fear & Greed Index: 0.52 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: By Tom Wilson and Vidya Ranganathan (Reuters) -Digital stablecoin tether is winning the race for the title of the crypto world's "least risky" asset. As a regional U.S. banking crisis widens and a regulatory crackdown on crypto firms deepens, investments within the cryptosphere are moving into tokens and coins perceived as relatively safe. Tether is already the top performer among stablecoins -- digital tokens pegged to some fiat asset like the dollar -- and has seen its market value soar since March. Its value is anchored by a 1-to-1 peg against a cache of dollars and a supply cap at around 85 billion tokens. Demand for the coin has been so strong that its peg has held above 1 since mid-April, hitting 1.002 last week. "The banking crisis is fuelling 'hyper-bitcoinisation' - the inevitable endgame that the dollar will be worthless," said Anders Kvamme Jensen, Oslo-based founder of the AKJ global brokerage and digital asset specialist. That has spurred a flight to top cryptocurrencies such as bitcoin and ether, Jensen said. Pegged stablecoins such as tether, meanwhile, are seen more as a store of value and as a tool to facilitate transfers between cryptocurrencies and also serve as collateral for derivative trades. Conor Ryder, research analyst at digital assets data provider Kaiko, says tether's premium reflects emerging trust in both the peg and in its perceived safety from the U.S. Securities and Exchange Commission (SEC). Tether is owned by iFinex Inc, a company registered in British Virgin Islands which also owns the Bitfinex cryptocurrency exchange. Tether's main rival USDC, managed by Boston-based Circle, has been hurt by the revelation of its exposure to collapsed Silicon Valley Bank and the SEC's scrutiny of fintech and crypto firms. Another major stablecoin, BUSD, or the Binance USD token, has seen a decline since its developers said they would cease issuing new tokens after U.S. regulators labelled the asset an unregistered security. Story continues The DAI token has been bogged down because of its unusual peg to reserves that include other stablecoins and crypto currencies. "Tether is seen as less U.S.-oriented, meaning lower regulatory risk. Buying tether and bitcoin is really a vote against the U.S. system," says Jensen. On CoinMarketCap's database of 23,891 tokens, tether has risen to number 3 with a market cap of $82 bln and a share of 6.83%. NO NEWS IS GOOD NEWS To be sure, tether has long been dogged by doubts about its peg being backed by dollar reserves. All stablecoins were hurt last year during a series of events such as the collapse of crypto hedge fund Three Arrows Capital, which followed the de-pegging of Terra USD and the failure of crypto exchange FTX. "The interesting paradox here is that tether has become the industry's most trusted stablecoin," says Ryder. "Tether's safe haven status differs from bitcoin in that it is providing a safe peg to $1, one of the only stablecoins in the space that can make that claim at the minute. Bitcoin on the other hand is seen as a safe haven from monetary debasement as a form of money that is 'outside' the banking system." Bitcoin too has rallied some 73% this year, after hitting resistance around $31,000 last month. (Editing by Sam Holmes)... - Reddit Posts (Sample): [['u/rumi1000', 'First time visitor', 32, '2023-05-21 00:12', 'https://www.reddit.com/r/btc/comments/13nar9f/first_time_visitor/', "Hello,\n\nI got into bitcoin after the fork in 2017 and have never paid much attention to bitcoin cash except thinking its a scam, its centralized, etc..\n\nNow that I'm more interested in Monero and no longer a maxi I though I'd take a look here as well with an open mind.\n\nWhere should I start?", 'https://www.reddit.com/r/btc/comments/13nar9f/first_time_visitor/', '13nar9f', [['u/knowbodynows', 20, '2023-05-21 00:20', 'https://www.reddit.com/r/btc/comments/13nar9f/first_time_visitor/jkyhpzq/', 'This may be too elementary for you, but it is a place to start.\nhttps://whybitcoincash.com/\n\nYou will find that you can ask anything here, but the more specific your question the more satisfyingly detailed will be the answer that returns.', '13nar9f'], ['u/rumi1000', 10, '2023-05-21 00:32', 'https://www.reddit.com/r/btc/comments/13nar9f/first_time_visitor/jkyj5c1/', "I run Bitcoin and Monero nodes and I am already convinced of the need of uncensorable and untraceable digital cash / gold. \n\nMy question is why Bitcoin Cash is better as digital cash than monero and why is it better than Bitcoin as 'digital gold'\n\nAlso, what is the blockchain size, how fast does it grow per year, how many nodes are there, can you run a node behind Tor?", '13nar9f'], ['u/LordIgorBogdanoff', 17, '2023-05-21 01:36', 'https://www.reddit.com/r/btc/comments/13nar9f/first_time_visitor/jkyr2u8/', "'Digital Gold' is a nonsense narrative. It's just propped up by Tether, and they're even softly admitting it now. Beyond scarcity Bitcoin and Gold have little in common.\n\nAs cash, the conversation is more nuanced. Bitcoin Cash has privacy through CashFusion, but it's inferior to Monero iirc.\n\nOn the other hand, it is superior to Monero in terms of scalability (and BTC as well, by a vast margin) with lower fees and faster transaction times\n\nTLDR\nPrivacy: Monero > BCH > BTC\n\nScalability: BCH > Monero > BTC", '13nar9f'], ['u/LordIgorBogdanoff', 13, '2023-05-21 01:41', 'https://www.reddit.com/r/btc/comments/13nar9f/first_time_visitor/jkyrrnv/', 'I should also note, putting on my tinfoil hat, BCH is the most shorted coin alongside Monero, and exchanges have run out of both.\n\nTPTB do not like either coin.', '13nar9f'], ['u/Shibinator', 13, '2023-05-21 05:28', 'https://www.reddit.com/r/btc/comments/13nar9f/first_time_visitor/jkziz84/', "Welcome!\n\nhttps://bitcoincashpodcast.com/start\n\nhttps://bitcoincashpodcast.com/faqs\n\nI'm sure a lot of this will make sense if you have an open mind.", '13nar9f'], ['u/Shibinator', 20, '2023-05-21 05:30', 'https://www.reddit.com/r/btc/comments/13nar9f/first_time_visitor/jkzj3si/', "> My question is why Bitcoin Cash is better as digital cash than monero\n\nhttps://bitcoincashpodcast.com/faqs/Cryptocurrency/what-about-monero-xmr\n\n> and why is it better than Bitcoin as 'digital gold'\n\nhttps://bitcoincashpodcast.com/faqs/BCH/why-bitcoin-cash\n\nhttps://bitcoincashpodcast.com/faqs/BCH-vs-BTC/whats-wrong-with-bitcoin-btc\n\n> what is the blockchain size, \n\nCurrently 188 GB.\n\n> how fast does it grow per year, \n\nNot that fast, BCH traffic is relatively low at the moment, about 100kb / block average. Hopefully we can greatly increase that though as the community gains momentum. So far slower than BTC at the moment.\n\n> how many nodes are there, \n\nAround 750-1000 usually, depends who you ask though.\n\nhttps://blockchair.com/bitcoin-cash\n\n> can you run a node behind Tor?\n\nI assume yes, it's the same as any other crypto.", '13nar9f']]], ['u/surfer167', 'How to buy XRP?', 21, '2023-05-21 02:29', 'https://www.reddit.com/r/XRP/comments/13ndtgk/how_to_buy_xrp/', 'Hey everyone, I’ve been observing from a far on all crypto but I can see the implementation of XRP and global digital payments (CBDC’s) being used in the near future. I want to know how to actually buy into XRP, I have a Coinbase account with some Bitcoin and ETH but obviously it’s not listed on there. Let me know what is the best place to buy XRP. I’m open to any advice and mentorship as well. I want to be able to build generational wealth as the economy shifts and wages against this economical revolution! \nThanks - $', 'https://www.reddit.com/r/XRP/comments/13ndtgk/how_to_buy_xrp/', '13ndtgk', [['u/AnonAzy2', 18, '2023-05-21 02:32', 'https://www.reddit.com/r/XRP/comments/13ndtgk/how_to_buy_xrp/jkyxsoq/', 'KuCoin this has been ask 1billions time search the forum next time my friend good luck', '13ndtgk'], ['u/MAH654', 21, '2023-05-21 02:34', 'https://www.reddit.com/r/XRP/comments/13ndtgk/how_to_buy_xrp/jkyy1k2/', 'I bought mine on Uphold. That is or at least was, the only place you could buy it if you were US based. I know people were getting ripped off on Lobstr. There are sites that try to catch people with fake ones or closely sounding wording to fool newbies. I’d just stick to uphold. I have had no issues.', '13ndtgk'], ['u/surfer167', 12, '2023-05-21 03:01', 'https://www.reddit.com/r/XRP/comments/13ndtgk/how_to_buy_xrp/jkz1bwa/', 'Well what can we do about it? Might as well make a pretty penny or am I wrong? Wouldn’t that be the smart investment', '13ndtgk'], ['u/Ant_Swagna', 11, '2023-05-21 03:24', 'https://www.reddit.com/r/XRP/comments/13ndtgk/how_to_buy_xrp/jkz4643/', 'Uphold, KuCoin, and MEXC is what I recommend. I use all three personally and actively trade several days a week using KuCoin and MEXC. MEXC is my favorite for using leverage to either short or long digital assets. All three platforms I listed are easy for sending your XRP to your cold storage wallet such as a Trezor or Ledger. Buy it while you can for the cheap. Under $1 is a blessing…. This will hit $100 easily, then eventually $500+. Don’t make the biggest mistake of your financial life and not snag a big bag. Every 10,000 XRP = $1,000,000 when XRP hits $100. So snag at-least 50,000 XRP to solidify your future!', '13ndtgk'], ['u/neily50', 17, '2023-05-21 03:36', 'https://www.reddit.com/r/XRP/comments/13ndtgk/how_to_buy_xrp/jkz5jdh/', 'Your government are corrupt as fuck… leave the 🇺🇸 USA. Thieving scum.', '13ndtgk']]], ['u/Mojo-ManVixen', 'NBA Topshop Retirement Portfolio', 16, '2023-05-21 03:51', 'https://www.reddit.com/r/nbatopshot/comments/13nfkrj/nba_topshop_retirement_portfolio/', 'Which NBA Topshot cards should I invest in to secure a lucrative retirement portfolio? With Bitcoin projected to be over $1M a coin in 10 years, I wonder whether I should just put all my money various crypto or spend all my disposable income on Topshots. Thanks!', 'https://www.reddit.com/r/nbatopshot/comments/13nfkrj/nba_topshop_retirement_portfolio/', '13nfkrj', [['u/mattw08', 13, '2023-05-21 04:04', 'https://www.reddit.com/r/nbatopshot/comments/13nfkrj/nba_topshop_retirement_portfolio/jkz8xuw/', 'Do you want to retire or work forever?', '13nfkrj'], ['u/Full-Description-291', 70, '2023-05-21 04:05', 'https://www.reddit.com/r/nbatopshot/comments/13nfkrj/nba_topshop_retirement_portfolio/jkz90bq/', 'How about you just give me all your money. That way you still lose everything, but at least you help someone else in the process.\n\nWant to save for retirement? Get an IRA, put your money in an index fund, you absolute muppet. Only gamble on speculative investments with speculative money.', '13nfkrj'], ['u/Bboy1830', 26, '2023-05-21 04:05', 'https://www.reddit.com/r/nbatopshot/comments/13nfkrj/nba_topshop_retirement_portfolio/jkz90za/', 'Bruce Brown', '13nfkrj'], ['u/HumanNumberFour', 10, '2023-05-21 14:53', 'https://www.reddit.com/r/nbatopshot/comments/13nfkrj/nba_topshop_retirement_portfolio/jl0u7a5/', 'Lol this has to be a troll post.', '13nfkrj']]], ['u/SoftRelease3955', 'Simple way to explain why bitcoin can’t be hacked.', 16, '2023-05-21 03:54', 'https://www.reddit.com/r/Bitcoin/comments/13nfmko/simple_way_to_explain_why_bitcoin_cant_be_hacked/', 'Was having a fire with my brother in law this evening and was trying to explain the concept of Bitcoin. He kept saying it’s inevitable AI and super computers will be able to disrupt the network or recover your private key. I tried my hardest to give him a explanation but I feel like it was half ass. Would you guys be able to help fabricate a simple explanation you could give a none bitcoiner why this wouldn’t be possible. Thanks', 'https://www.reddit.com/r/Bitcoin/comments/13nfmko/simple_way_to_explain_why_bitcoin_cant_be_hacked/', '13nfmko', [['u/The-Francois8', 10, '2023-05-21 04:06', 'https://www.reddit.com/r/Bitcoin/comments/13nfmko/simple_way_to_explain_why_bitcoin_cant_be_hacked/jkz96jj/', 'Simplest answer is because if it could be done, someone would have already done it.', '13nfmko'], ['u/castorfromtheva', 12, '2023-05-21 04:19', 'https://www.reddit.com/r/Bitcoin/comments/13nfmko/simple_way_to_explain_why_bitcoin_cant_be_hacked/jkzaryn/', 'Don\'t start offering bitcoin as a solution when your audience doesn\'t even get that fiat is a ponzi. Other than that ignorant people don\'t deserve more than a "Have fun staying poor".\n\nExplaining tech would here just be a waste of time for you. His arguments show he believes a lot. And knows a little.', '13nfmko'], ['u/Top-Dragonfruit-8199', 24, '2023-05-21 04:21', 'https://www.reddit.com/r/Bitcoin/comments/13nfmko/simple_way_to_explain_why_bitcoin_cant_be_hacked/jkzayns/', '“Brute force attacks against 256-bit encryption will be infeasible until computers are built from something other than matter and occupy something other than space.”\n\n1) AI and quantum computing be damned, it’s effectively impossible for sha-256 to be cracked\n\n2) if humans think it will be, there’s nothing that says BTC can’t move to 512-bit encryption, and so on', '13nfmko'], ['u/IIIIIIllllllll0', 35, '2023-05-21 05:34', 'https://www.reddit.com/r/Bitcoin/comments/13nfmko/simple_way_to_explain_why_bitcoin_cant_be_hacked/jkzjloj/', 'By the same logic his bank account and stock bro... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 is in consolidation mode before an eventual retest of $30,000, says BitBull Capital. Insights: The crypto industry is spending less than other industries on lobbying. That may need to change. Prices CoinDesk Market Index (CMI) 1,179.39 −18.1 ▼ 1.5% Bitcoin (BTC) $26,593 −517.1 ▼ 1.9% Ethereum (ETH) $1,798 −24.0 ▼ 1.3% S&P 500 daily close 4,191.98 −6.1 ▼ 0.1% Gold $1,981 +2.6 ▲ 0.1% Treasury Yield 10 Years 3.69% ▲ 0.0 BTC/ETH prices per CoinDesk Indices ; gold is COMEX spot price. Prices as of about 4 p.m. ET CoinDesk Market Index (CMI) 1,179.39 −18.1 ▼ 1.5% Bitcoin (BTC) $26,593 −517.1 ▼ 1.9% Ethereum (ETH) $1,798 −24.0 ▼ 1.3% S&P 500 daily close 4,191.98 −6.1 ▼ 0.1% Gold $1,981 +2.6 ▲ 0.1% Treasury Yield 10 Years 3.69% ▲ 0.0 BTC/ETH prices per CoinDesk Indices ; gold is COMEX spot price. Prices as of about 4 p.m. ET Good morning Asia, Bitcoin and ether are continuing their downward drift. Bitcoin is opening the Asia trading week down 1.3% to $26,779, while ether is down 0.8% to $1,806. During the last month, bitcoin has primarily been in consolidation mode. Drifting downward ever so slowly, but still maintaining its value, down just 2% over the last 30 days – a much-needed break for investors from the roller-coaster of last year. “Bitcoin has corrected to levels between $27k and $25k. This is where we’d like to see some consolidation before a retest of $30k in the coming days,” Joe DiPasquale, CEO of BitBull Capital, said to CoinDesk in a note. “While the market may not rally in the near term, the price action is following expectations as we witness consolidation during bearish sentiment.” Meanwhile, Tornado Cash’s TORN token has begun to recover after the protocol’s DAO was the victim of vote fraud over the weekend. This attack – which was not an exploit or hack – involved an attacker putting forward a proposal that looked benign on the surface but allowed the attacker access to all governance votes via some hidden malicious code. Story continues In the aftermath, the protocol’s TORN token dropped 40% to $3.59 from $5.76, but is now recovering and up to $4.66. The Tornado Cash community is proposing solutions to revert the unauthorized code changes and considering creating a new contract with airdropped tokens for existing holders. Asset Ticker Returns DACS Sector Gala GALA −6.0% Entertainment Terra LUNA −4.5% Smart Contract Platform Solana SOL −4.3% Smart Contract Platform Insights The Crypto Industry\'s Lobbying Deficit A recent report from Washington, D.C.-based political watchdog Open Secrets shows that first-quarter federal lobbying has topped $1 billion for the second consecutive year. Some expected industries lead the rankings in lobbying spend: healthcare, finance, real estate and energy. Overall in 2022, industries and activist groups of all shapes and sizes spent $4.1 billion on federal lobbying efforts. As for crypto? Despite increasing regulatory hostility from D.C, crypto’s actual lobbying spend came in at $21.6 million for the year, according to Open Secrets data. Certainly, this is an increase from years prior, but as an industry with a market cap of just over $1 trillion, it wouldn’t even crack the top-20 list for lobbying spend. In comparison, big pharma spent $375.2 million in 2022. The automotive industry spent $82 million, and commercial banks paid $64.6 million to lobbyists that year. The industry\'s political contributions to election campaigns grew tenfold from 2020 to 2022, totaling $2.3 million in the latter, Open Secrets recently reported . Major contributors included Coinbase, which alone spent $3.4 million on lobbying. Open Secrets’ data shows that lobbying by crypto majors is up during the first quarter of the year. Tether has spent $270,000 lobbying in the first quarter of 2023, which doesn’t sound like much, but is a huge jump over its first quarter 2022 spend of $100,000. Tether\'s jump in lobbying spend during the first quarter of the year (OpenSecrets) The Blockchain Association is up as well , to $490,000 spent this quarter compared to $460,000 for the same time last year. Stablecoin issuer Paxos also saw a huge jump , with its lobbying spend rising from $50,000 in Q1 2022 to $80,000 this past quarter. Of course, this is all dwarfed by TradFi lobbying spending. The American Bankers Association spent $2 million during this past quarter , while Citigroup spent $1.4 million. Sadly, successful businesses need to lobby to become more successful. That’s just the nature of modern politics. And it looks like crypto must do more of it. Important events. Bitcoin Pizza Day The Future of U.K. Crypto Regulation 9:15 a.m. HKT/SGT(1:15 a.m. UTC): People\'s Bank of China interest rate decision CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Ripple Exec Discusses CBDC Platform Rollout; Axie Infinity Game Debuts on Apple App Store in Key Markets Ripple is starting a central bank digital currency (CBDC) platform which allows central banks, governments, and financial institutions to issue their own digital currency. Ripple Vice President of Central Bank Engagements and CBDCs James Wallis joined "First Mover" to discuss. Plus, Sky Mavis, which is behind NFT project Axie Infinity, is launching its Axie Infinity: Origins card game on the Apple App Store in key markets where the game is most popular. Sky Mavis co-founder Jeffrey \'Jihoz\' Zirlin shared his insights. Bitwise Asset Management President Teddy Fusaro and Southern Methodist University Dedman School of Law assistant professor Carla Reyes also joined the conversation. Headlines Bitcoin Payments App Strike Expands to More Than 65 Countries From Three: Strike, led by Jack Mallers, currently operates in the U.S. and El Salvador. Now it\'s pushing into new markets in Africa, Latin America, Eastern Europe, Asia and the Caribbean – from Antigua and Barbuda to Vanuatu and Zambia. Sotheby\'s Auctions Part of 3AC\'s Rare NFT Collection, Bringing In $2.4 Million: The highest-priced NFTs from Part 1 of the Grails collection are Fidenza #725 and Autoglyph #187. Demand for Tokenized Treasury Bonds Soars as Crypto Investors Chase TradFi Yield: The combined market capitalization of tokenized money market funds is nearing $500 million as high yields in traditional markets attract crypto capital. U.S. Sanctions Watchdog Alleges Russia-Linked Crypto Wallet Processed $5M: An Irish national helped wealthy Russians evade sanctions and hide money in UAE, OFAC said Friday. Ledger’s Hard Lesson: Being Right Isn\'t Good Enough: Public communication doesn’t work like computer code. The French hardware wallet maker learned that the hard way.', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin is in consolidation mode before an eventual retest of $30,000, says BitBull Capital.\nInsights:The crypto industry is spending less than other industries on lobbying. That may need to change.\nCoinDesk Market Index (CMI)\n1,179.39\n−18.1▼1.5%\nBitcoin (BTC)\n$26,593\n−517.1▼1.9%\nEthereum (ETH)\n$1,798\n−24.0▼1.3%\nS&P 500 daily close\n4,191.98\n−6.1▼0.1%\nGold\n$1,981\n+2.6▲0.1%\nTreasury Yield 10 Years\n3.69%\n▲0.0\nBTC/ETH prices perCoinDesk Indices; gold is COMEX spot price. Prices as of about 4 p.m. ET\n[["1,179.39", "\\u221218.1\\u25bc1.5%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$26,593", "\\u2212517.1\\u25bc1.9%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,798", "\\u221224.0\\u25bc1.3%"], {"CoinDesk Market Index (CMI)": "S&P 500 daily close"}, ["4,191.98", "\\u22126.1\\u25bc0.1%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,981", "+2.6\\u25b20.1%"], {"CoinDesk Market Index (CMI)": "Treasury Yield 10 Years"}, ["3.69%", "\\u25b20.0"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices; gold is COMEX spot price. Prices as of about 4 p.m. ET"}]\nGood morning Asia,\nBitcoin and ether are continuing their downward drift. Bitcoin is opening the Asia trading week down 1.3% to $26,779, while ether is down 0.8% to $1,806.\nDuring the last month, bitcoin has primarily been in consolidation mode. Drifting downward ever so slowly, but still maintaining its value, down just 2% over the last 30 days – a much-needed break for investors from the roller-coaster of last year.\n“Bitcoin has corrected to levels between $27k and $25k. This is where we’d like to see some consolidation before a retest of $30k in the coming days,” Joe DiPasquale, CEO of BitBull Capital, said to CoinDesk in a note. “While the market may not rally in the near term, the price action is following expectations as we witness consolidation during bearish sentiment.”\nMeanwhile, Tornado Cash’s TORN token has begun to recover after the protocol’s DAO was thevictim of vote fraud over the weekend.This attack – which was not an exploit or hack – involved an attacker putting forward a proposal that looked benign on the surface but allowed the attacker access to all governance votes via some hidden malicious code.\nIn the aftermath, the protocol’s TORN token dropped 40% to $3.59 from $5.76, but is now recovering and up to $4.66.\nThe Tornado Cash community is proposing solutions to revert the unauthorized code changes and considering creating a new contract with airdropped tokens for existing holders.\n[{"Asset": "Gala", "Ticker": "GALA", "Returns": "\\u22126.0%", "DACS Sector": "Entertainment"}, {"Asset": "Terra", "Ticker": "LUNA", "Returns": "\\u22124.5%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Solana", "Ticker": "SOL", "Returns": "\\u22124.3%", "DACS Sector": "Smart Contract Platform"}]\nThe Crypto Industry\'s Lobbying Deficit\nA recent reportfrom Washington, D.C.-based political watchdog Open Secrets shows that first-quarter federal lobbying has topped $1 billion for the second consecutive year.\nSome expected industries lead the rankings in lobbying spend: healthcare, finance, real estate and energy.\nOverall in 2022, industries and activist Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-22 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $521,042,894,156 - Hash Rate: 354690591.1309403 - Transaction Count: 499281.0 - Unique Addresses: 604303.0 Social & AI Sentiment: - Fear & Greed Index: 0.49 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin's (BTC) price on Bitfinex's perpetual swap market momentarily topped $56,000 on Tuesday – well above prevailing levels elsewhere and prices on Bitfinex's exchange right before or after – amid a flurry of volume amid an absence of liquidity. Trading volume on Bitfinex's BTC-PERP market spiked to 322 BTC ($9.1 million) between 14:24 and 14:26 UTC, equating to around a quarter of daily volume on the trading pair. Some traders' positions were liquidated amid the flash rally, according to data on Bitfinex's trading platform. The move occurred at the same time as bitcoin surged 2.5% on spot markets elsewhere as investors reacted to the stock prices of two banks, Pacwest (PACW) and Western Alliance (WAL), plunging by more than 30% as concerns about the U.S. banking system resumed. At press time, the BTC-PERP pair has 10% market depth of 110 BTC, meaning that an order to buy 110 BTC would move the price on that specific market by 10% – evidence liquidity remains low on Bitfinex. Paolo Ardoino, Bitfinex's chief technology officer,tweeted: "Low liquidity at that moment in time. But system worked as expected. Matching engine handled all orders correctly." UPDATE (May 2, 2023, 14:40 UTC):Adds a tweet from Bitfinex's CTO.... - Reddit Posts (Sample): [['u/kurobainu', 'FtM, how hard is it to actually do DIY?', 119, '2023-05-22 00:09', 'https://www.reddit.com/r/TransDIY/comments/13o7xgt/ftm_how_hard_is_it_to_actually_do_diy/', "FtM living in Florida, currently working on getting a legit prescription but it's really difficult due to new legislation. If getting HRT legally doesn't work out, I'm curious to know how hard it actually is to obtain T not so legally?\n\n I've had a site recommended to me from another FtM guy that sells vials but they only accept bitcoin payment. I have some bitcoin in a wallet because I got it as a gift but I've never actually used it and I have no idea how. Aside from that, do I need to use a different browser like the kind people use to go on the deep web? Do I need to use a VPN to avoid being tracked? I'm unsure of how heavily monitored this kind of thing is and I don't know what precautions to take. \n\nI've also heard people say to use your legal name on packages in case the post office opens it and sees it's a medication vial. Also, how risky is it if the post office sees a controlled substance being shipped to me? Would they even care? \n\nSorry for the long post I am just very limited on options right now and I'm not very knowlegeable on DIY.", 'https://www.reddit.com/r/TransDIY/comments/13o7xgt/ftm_how_hard_is_it_to_actually_do_diy/', '13o7xgt', [['u/definitelynotreal333', 93, '2023-05-22 01:27', 'https://www.reddit.com/r/TransDIY/comments/13o7xgt/ftm_how_hard_is_it_to_actually_do_diy/jl39m1c/', 'If a controlled substance shipment of T is seized, basically the only people who get in trouble is the distributor, its really unheard of for an individual to be prosecuted.', '13o7xgt'], ['u/ufo9x9', 46, '2023-05-22 01:39', 'https://www.reddit.com/r/TransDIY/comments/13o7xgt/ftm_how_hard_is_it_to_actually_do_diy/jl3b3mu/', "You'll probably be fine. Even if the package is seized, a lot of websites will refund/reship, and any consequences are on their end as a distributor. I had no problem ordering using Bitcoin through Cashapp. Keep all receipts related to the process, though, as sometimes they will ask for the Bitcoin receipt number to confirm payment. I ordered and had mine in about 2 weeks, and I had it shipped to a friend's house using their name. No issues, although if you live in an apartment, you might make sure it has your legal name on the package so it doesn't get sent back (most sites won't reship if this happens). Having T seized is pretty much unheard of, and there's no problem with not using a VPN or anything (although you totally can for peace of mind).", '13o7xgt'], ['u/VoidDemon0226', 24, '2023-05-22 02:04', 'https://www.reddit.com/r/TransDIY/comments/13o7xgt/ftm_how_hard_is_it_to_actually_do_diy/jl3e6xi/', "If you'd like to talk more in depth, I have a Telegram which is a safer method of talking, but as someone who's doing it and has been helping someone in Alabama do it, it's not as difficult as you'd think. It's always good to be weary, but the market for T is overwhelmingly cis men meatheads (and, funnily enough, cops), so it's not really crazy regulated. Doesn't mean you don't gotta be careful of course, just be smart, use bitcoin, and don't fly with them.\n\nUse your legal name or preferred name on the package, not so much for the post office ripping it open, but so the post office is able to get it to you properly.", '13o7xgt'], ['u/VoidDemon0226', 24, '2023-05-22 02:40', 'https://www.reddit.com/r/TransDIY/comments/13o7xgt/ftm_how_hard_is_it_to_actually_do_diy/jl3in8e/', '"Funny enough" was the wording bc cops are POS\'s that are valued above the law, so the same drugs they are paid to enforce the legality of, they are the market for it, similar to fentanyl', '13o7xgt'], ['u/firestorm713', 23, '2023-05-22 12:07', 'https://www.reddit.com/r/TransDIY/comments/13o7xgt/ftm_how_hard_is_it_to_actually_do_diy/jl4zdna/', "This. You have no control over who sends things to your address, so once it gets stopped in customs, that's generally end of the line and they don't investigate further.", '13o7xgt']]], ['u/mbdtf95', 'On this day 13 years ago, a trade was done when forum user paid 10,000 BTC for 2 pizzas. Happy Bitcoin Pizza day.', 486, '2023-05-22 00:33', 'https://www.reddit.com/r/CryptoCurrency/comments/13o8jf8/on_this_day_13_years_ago_a_trade_was_done_when/', "Right now it's May 22nd, at least on my timezone, which means 13 years ago Laszlo Hanyecz, a BTCtalk forum user decided he wanted to trade Bitcoin for some real life good. As pretty much most of you know he made a deal with another user that he would order him 2 pizzas in exchange for 10,000 BTC and the rest is history.\n\n Since then this has become a day called Bitcoin Pizza day celebrated amongst crypto community. By today's Bitcoin prices he paid about 135 million USD for each pizza. So hopefully it was a pretty great pizza for Laszlo that he doesn't regret buying.", 'https://www.reddit.com/r/CryptoCurrency/comments/13o8jf8/on_this_day_13_years_ago_a_trade_was_done_when/', '13o8jf8', [['u/deftaj', 16, '2023-05-22 00:40', 'https://www.reddit.com/r/CryptoCurrency/comments/13o8jf8/on_this_day_13_years_ago_a_trade_was_done_when/jl33am1/', 'Someone set a reminder and flew to Australia so they could be the first person to post this today', '13o8jf8'], ['u/RuneW007', 11, '2023-05-22 00:48', 'https://www.reddit.com/r/CryptoCurrency/comments/13o8jf8/on_this_day_13_years_ago_a_trade_was_done_when/jl34h3x/', 'Let’s all eat pizza tonight in his honor 🍕', '13o8jf8'], ['u/_redboy_', 85, '2023-05-22 00:54', 'https://www.reddit.com/r/CryptoCurrency/comments/13o8jf8/on_this_day_13_years_ago_a_trade_was_done_when/jl359to/', 'Everyone is talking about the person who bought the pizza and gave bitcoins, but I am interested in what the person who sold the pizza for 10,000 bitcoins did with those bitcoins.🤔', '13o8jf8'], ['u/Elie0_0', 44, '2023-05-22 01:02', 'https://www.reddit.com/r/CryptoCurrency/comments/13o8jf8/on_this_day_13_years_ago_a_trade_was_done_when/jl36a0q/', "Probably ended up selling after a 5 or 10x, which would've been great if he had a lot more alongside the 10,000", '13o8jf8'], ['u/_redboy_', 12, '2023-05-22 01:07', 'https://www.reddit.com/r/CryptoCurrency/comments/13o8jf8/on_this_day_13_years_ago_a_trade_was_done_when/jl36wbs/', 'More than excellent', '13o8jf8'], ['u/MaeronTargaryen', 14, '2023-05-22 01:13', 'https://www.reddit.com/r/CryptoCurrency/comments/13o8jf8/on_this_day_13_years_ago_a_trade_was_done_when/jl37sxf/', 'Probably sold after a x2 or x3, or lost the seed phrase', '13o8jf8'], ['u/dark_deadline', 11, '2023-05-22 01:35', 'https://www.reddit.com/r/CryptoCurrency/comments/13o8jf8/on_this_day_13_years_ago_a_trade_was_done_when/jl3anmv/', 'Only if he held onto bitcoin for some years at least.......', '13o8jf8'], ['u/Elie0_0', 11, '2023-05-22 02:59', 'https://www.reddit.com/r/CryptoCurrency/comments/13o8jf8/on_this_day_13_years_ago_a_trade_was_done_when/jl3l1i9/', 'Well, he sold them when they were worth nothing, and actually used Bitcoin as it was supposed to', '13o8jf8']]], ['u/TheNano100', 'It just costs $125 to be part of the 21M club!', 91, '2023-05-22 00:43', 'https://www.reddit.com/r/Hedera/comments/13o8rp7/it_just_costs_125_to_be_part_of_the_21m_club/', 'I remember there was an old post from the BTC community some years ago where people were encouraged to buy a whole bitcoin in order to be part of the 21 Million Club, because of the max supply being 21M.\n\nTherefore, since there will only be 50B HBAR coins, I want to do the same and encourage people to buy at least 2381 HBAR and be part of the 21 Million Club. At the moment of writing this costs a little bit more than $125.\n\nDo not feel small by buying such a little amount, be part of the 21M Club!', 'https://www.reddit.com/r/Hedera/comments/13o8rp7/it_just_costs_125_to_be_part_of_the_21m_club/', '13o8rp7', [['u/cyhiandra', 27, '2023-05-22 00:52', 'https://www.reddit.com/r/Hedera/comments/13o8rp7/it_just_costs_125_to_be_part_of_the_21m_club/jl34xsa/', "I like your thinking. People criticise the 50B HBAR supply, but this puts it into context.\n\nAnother person previously put it this way: only 500,000 people can own 100,000 HBAR (I think my math stacks up....)\n\nAt $0.052 per HBAR, that's only USD $5,200 to be one of the half a million people globally in that rank.\n\nIf you go to a million HBAR, there can only be 50,000 people globally owning that much theoretically, but of course less because of all the other holders above and below. \n\nIt's not much, when you look at it like that.", '13o8rp7'], ['u/The_Acrobatic_potato', 11, '2023-05-22 00:59', 'https://www.reddit.com/r/Hedera/comments/13o8rp7/it_just_costs_125_to_be_part_of_the_21m_club/jl35vfr/', 'I like this math breakdown. Makes me want to get more', '13o8rp7'], ['u/DailyUpsAndDowns', 23, '2023-05-22 01:02', 'https://www.reddit.com/r/Hedera/comments/13o8rp7/it_just_costs_125_to_be_part_of_the_21m_club/jl36cc5/', 'Are we prepared to make a pact? Everyone buy in!', '13o8rp7'], ['u/kazkdp', 24, '2023-05-22 01:06', 'https://www.reddit.com/r/Hedera/comments/13o8rp7/it_just_costs_125_to_be_part_of_the_21m_club/jl36ssu/', "It's strange that I was going to post something similar. \nI noticed that the hedera Twitter account has nearly 300k followers. \n\nRounding up, \n\nThat's means 166k each and the 50B is gone. \n\nPOLLY Twitter had nearly 1 million followers. At those numbers, it's just 50k each. \n\nThe world is rather BIG.....", '13o8rp7'], ['u/Sporesword', 42, '2023-05-22 01:47', 'https://www.reddit.com/r/Hedera/comments/13o8rp7/it_just_costs_125_to_be_part_of_the_21m_club/jl3c5fa/', "I'm still working on getting to 10,000.", '13o8rp7'], ['u/ka0_1337', 19, '2023-05-22 02:01', 'https://www.reddit.com/r/Hedera/comments/13o8rp7/it_just_costs_125_to_be_part_of_the_21m_club/jl3dtyc/', "Well I'm closing in on 200k myself. Not stopping until I have 500k+ maybe ill shoot for 1 mill before 2025", '13o8rp7'], ['u/eliminator-n36', 13, '2... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Good morning. Here’s what’s happening: Prices: Bitcoin at $26.8K maintains its debt-ceiling holding pattern. Insights: Crypto as a hedge? The citizens in two large, emerging countries and other major significant economies seem to be turning to digital assets as their currencies struggle. Prices CoinDesk Market Index (CMI) 1,162 +4.9 ▲ 0.4% Bitcoin (BTC) $26,866 +108.3 ▲ 0.4% Ethereum (ETH) $1,819 +13.9 ▲ 0.8% S&P 500 4,192.63 +0.6 ▲ 0.0% Gold $1,972 −6.7 ▼ 0.3% Nikkei 225 31,086.82 +278.5 ▲ 0.9% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,162 +4.9 ▲ 0.4% Bitcoin (BTC) $26,866 +108.3 ▲ 0.4% Ethereum (ETH) $1,819 +13.9 ▲ 0.8% S&P 500 4,192.63 +0.6 ▲ 0.0% Gold $1,972 −6.7 ▼ 0.3% Nikkei 225 31,086.82 +278.5 ▲ 0.9% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Boring Bitcoin Slumbers Near $27K Bitcoin held comfortably in its most recent range on Monday as investors weighed the latest developments in the U.S. debt ceiling stalemate. The largest cryptocurrency by market capitalization was recently trading at about $26,866, up 0.4%. BTC has hovered between $26,500 and $27,500 for almost two weeks, according to CoinDesk data , amid macroeconomic uncertainties, including concerns that U.S. President Joe Biden and House leadership would be unable to reach an agreement about raising the country’s debt limit. “Crypto traders are not sure how Bitcoin will behave throughout the next several days of debt ceiling negotiations,” Edward Moya, senior market analyst for foreign exchange market maker Oanda, wrote in a note. Moya added: The risk of default is very small but if it were to happen, that could feel like an uppercut to risk appetite, which would send cryptos sharply lower. Bitcoin appears content to trade near the lower boundaries of its recent trading range between $26,500 and $30,000.” Since 1960, the government has increased the debt limit 78 times, but the current, charged political environment has raised anxiety about the willingness of lawmakers to work together. Story continues In a letter to Speaker of the House Kevin McCarthy (R-Calif.), U.S. Treasury Secretary Janet Yellen reiterated a May 15 warning that without an agreement, “the Treasury Department would be unable to satisfy all the government’s obligations by early June, and potentially as early as June 1.” “We have learned from past debt limit impasses that waiting until the last minute to suspend or increase the debt limit can cause serious harm to business and consumer confidence, raise short-term borrowing costs for taxpayers, and negatively impact the credit rating of the United States,” Yellen added. “We have already seen Treasury’s borrowing boats increase substantially for securities maturing in June.” Ether was recently changing hands at about $1,820, up 0.8%. The second largest crypto in market value has been similarly range-bound between $1,750 and $1,850 over the past two weeks. Other major cryptos were largely in the green, albeit paler shades, with TRX and AVAX, the tokens of smart contracts platform Tron and Avalanche, recently up 3.8% and 2.3%, respectively. The CoinDesk Market Index, a measure of crypto markets performance, recently rose 0.4% Among major equity indexes, the tech-focused Nasdaq Composite climbed 0.5% to hit a 2023 high, while the S&P 500, which has a vital technology component, and Dow Jones Industrial Average (DJIA) ticked up 0.2% and 0.4%, respectively. Yields on Treasurys rose, and the price of gold sank slightly to $1,990, well below its near-record high early this month when investors were turning more to safe-haven assets. Meanwhile, in an interview with CoinDesk TV’s “First Mover” program Monday, Ahmed Ismail, CEO of quant-based liquidity aggregator Fluid, said that the retreat of market makers Jane Street and Jump Trading from crypto trading in the U.S. had spooked investors, decreasing an already dwindling supply of market liquidity. “One of the very big problems that crypto suffers with is liquidity being massively fragmented, and events such as this only exacerbate the problem,” Ismail said. “So what we\'re seeing right now is there is not much activity because liquidity is even more fragmented, and markets are very inefficient. As a result, you will see I think we are seeing certain narratives coming back. Ismail noted an increase in call options on crypto exchange Bybit, a signal of unrest about the debt ceiling and other macroeconomic uncertainties. “The narrative of people taking liquidity out because they’re afraid of what’s going to happen and the uncertainty around the debt ceiling, that’s certainly a huge problem in keeping (the) crypto crisis so narrow now.” Biggest Gainers Asset Ticker Returns DACS Sector Shiba Inu SHIB +3.4% Currency Avalanche AVAX +2.7% Smart Contract Platform Polygon MATIC +1.9% Smart Contract Platform Biggest Losers Asset Ticker Returns DACS Sector Loopring LRC −0.5% Smart Contract Platform Terra LUNA −0.5% Smart Contract Platform Solana SOL −0.3% Smart Contract Platform Insights Crypto as Hedge With the U.S. mired in political stasis while other regions build crypto frameworks, it’s worth looking at the evolution of, and outlook for, on-the-ground demand for crypto assets. This is getting more and more relevant as many large countries struggle with skyrocketing inflation, shaky currencies and autocratic control over financial access, and as populations become increasingly crypto-aware and a lack of trust in centralized institutions grows. Last week, the government of Pakistan (the fifth largest country in the world in terms of population, with over 239 million inhabitants) was reported to have said that cryptocurrencies “will never be legalized” in Pakistan, in order to avoid FATF penalties . Noelle Acheson is the former head of research at CoinDesk and Genesis Trading. This article is excerpted from her Crypto Is Macro Now newsletter, which focuses on the overlap between the shifting crypto and macro landscapes. These opinions are hers, and nothing she writes should be taken as investment advice. This may sound on the surface like an overreaction to FATF’s crypto stance – last Thursday, the organization’s president published a letter titled “ An end to the lawless crypto space ” which urges crypto regulation rather than a total ban. Then again, Pakistan has a somewhat tense relationship with the FATF, and just last October was taken off its “grey list” (which labels certain countries as having “deficiencies” in their AML controls, which in turn can lead to limited participation in global finance). It’s also not hard to see the hand of the International Monetary Fund. Pakistan is currently in talks with the organization regarding a bailout package, although negotiations seem stalled and concern about the country’s political and economic issues is starting to affect neighboring nations. The IMF has not been shy about its unease with crypto markets, and a few months ago, reports surfaced that it had applied crypto-suppression conditions to negotiations with Argentina. Read the full story here: Important events. 4:00 p.m. HKT/SGT(8:00 UTC) Hamburg Commercial Bank Composite PMI (May) 4:30 p.m. HKT/SGT(8:30 UTC) United Kingdom S&P Global/CIPS Services PMIU (May) 6:45 p.m. HKT/SGT(22:45 UTC) New Zealand Retail Sales (QoQ/Q1) CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Bitcoin Sees Tightest Price Range in Months; Polygon Co-Founder on Web3 Outlook Glassnode data revealed that bitcoin (BTC) is settling into the tightest price range it has seen in months, despite looming concerns about the stability of U.S. regional banks and the country\'s debt ceiling. FLUID CEO Ahmed Ismail shared his crypto markets analysis. Plus, Polygon co-founder Sandeep Nailwal discussed launching a Web3 fellowship program. And, Litecoin Foundation managing director Alan Austin weighed in on the recent surge in Litecoin activity amid the frenzy surrounding Ordinals. Headlines Tether Trading Volume Falls to Multi-Year Lows, Market Cap Rise Is ‘Questionable,’ Kaiko : Trading with Tether’s USDT stablecoin has fallen to its lowest level in four years, while its market capitalization nears an all-time high of $83 billion. Seeking Grants Deal with Osmosis, Privacy Blockchain Namada Proposes Airdrop : Ahead of its mainnet launch Namada’s builders are trying to ink an array of tech and token partnerships. U.S. Debt Deal Could Weigh On Bitcoin Price, Some Say : The Treasury\'s efforts to build back cash balances after resolution of the debt limit situation might suck out dollar liquidity from system, pushing bitcoin lower. DEX Mangrove Launches on Polygon Testnet, Plans to Go Live on Mainnet in June : Wintermute and Cumberland-backed Mangrove plans a mainnet launch of its programmable order book DEX in early June. Gemini Says Genesis Parent DCG Missed $630 Million Payment : Gemini says it is working with Genesis, DCG, and creditors to provide forbearance to DCG in order to avoid a default.', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin at $26.8K maintains its debt-ceiling holding pattern.\nInsights:Crypto as a hedge? The citizens in two large, emerging countries and other major significant economies seem to be turning to digital assets as their currencies struggle.\nCoinDesk Market Index (CMI)\n1,162\n+4.9▲0.4%\nBitcoin (BTC)\n$26,866\n+108.3▲0.4%\nEthereum (ETH)\n$1,819\n+13.9▲0.8%\nS&P 500\n4,192.63\n+0.6▲0.0%\nGold\n$1,972\n−6.7▼0.3%\nNikkei 225\n31,086.82\n+278.5▲0.9%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,162", "+4.9\\u25b20.4%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$26,866", "+108.3\\u25b20.4%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,819", "+13.9\\u25b20.8%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,192.63", "+0.6\\u25b20.0%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,972", "\\u22126.7\\u25bc0.3% Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-23 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $531,277,283,075 - Hash Rate: 379321882.1817001 - Transaction Count: 519870.0 - Unique Addresses: 636984.0 Social & AI Sentiment: - Fear & Greed Index: 0.50 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Binance, the world's largest crypto exchange,temporarily paused bitcoin (BTC) withdrawalsSunday morning U.S. time as the Bitcoin blockchain became overwhelmed with pending transactions and sky-high fees. The company resumed withdrawals within two hours of its initial Twitter posting about the withdrawals. On-chain data shows that there are nearly 400,000 unconfirmed Bitcoin transactions,which is higherthan anything seen during the bull runs of 2018 and 2021. The average transaction fee has also doubled since March,pushing it to a two-year high.The current transaction fee is just over $8, a309% changefrom a year ago. “This current fee spree is an anomaly,”CoinDesk previously quoted Colin Harper, head of content at Luxor Technologies, a full-stack Bitcoin mining pool. “Biggest difference now between this jump in transaction fees and past ones with inscriptions is that BRC-20 standard is a new way to inscribe. Adoption of this standard is driving fees up.” Bitcoin ordinal inscription tokens,known by its BRC-20 standard designator, currently have amarket cap of $482 millionacross 14,000 tokens. Bitcoin is currently trading at $28,935, down 0.15% in the last 24 hours. UPDATE (May 7, 2023, 19:16 UTC):Adds line about resumption of withdrawals.... - Reddit Posts (Sample): [['u/proph3tsix', 'A lot of people here get downvoted for pointing out that USA Democrats are enemies of Bitcoin, as if Republicans are an equally large threat. Let me make something clear...', 85, '2023-05-23 00:26', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/', 'When a Republican comes out supporting Bitcoin, they\'re always faking or groveling for votes. When a Democrat comes out supporting Bitcoin, they\'re always \'waking up\' or \'coming around\'. Broken clocks may be right twice a day, but if the USA\'s Congress if filled with broken clocks then it certainly seems Republican broken clocks are syncing more often than Democrat broken clocks. Why is that?\n\n* Texas is to Republicans as New York is to Democrats. New York partially banned Bitcoin mining, and [environmental activists in the state are hungry for more](https://www.politico.com/news/2023/01/07/new-york-cryptocurrency-mining-ban-00072564). Texas has loudly invited more. Wyoming, another Republican state, is clamoring to the same.\n* The [energy FUD](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3779720) expressly targets voters who give a damn about environmentalism in the first place. If you\'re outside the USA then you may be forgiven for not knowing, but Republicans are not well known for their environmentalism. To the extent that Republicans do claim to care about the environment, it\'s always [cast as some flavor of fakery](https://www.nytimes.com/2017/06/03/us/politics/republican-leaders-climate-change.html). (Note that particular framing is from NYT - hint hint.) In other words: Energy FUD is almost exclusively pandering to Democrats.\n* It\'s been said numerous times that CBDCs represent the ["final boss" for Bitcoin](https://www.theheldreport.com/p/the-final-boss-bitcoin-vs-central). This does not mean it\'s a mortal threat to Bitcoin, but merely ideologically opposed. Bitcoin is freedom money. CBDC is slave money. Florida is largely Republican and has recently passed [explicitly anti-CBDC legislation](https://blockworks.co/news/florida-approves-cbdc-ban). Minnesota, another Republican state, is [doing the same](https://emmer.house.gov/2023/2/emmer-leads-effort-to-squash-financial-surveillance-state-initiatives). Texas is [considering it](https://www.cruz.senate.gov/newsroom/press-releases/sen-cruz-introduces-legislation-to-prohibit-the-fed-from-establishing-a-central-bank-digital-currency) too. Others will almost certainly follow. Where are the Democratic states doing, or even contemplating this?\n\n[edit] Sorry but saying "They\'re all the same" is just lazy. It\'s a reflex that conveniently allows us to dodge the mental work forced by nuance. For such thinkers, the world will never (ever) have better or worse politicians because it smoothes out all distinctions. It\'s the same oversimplification made by overzealous religious fanatics and political ideaolgues - subconsciously they\'ve made their world model easy to process by refusing to increase its resolution. It\'s not a matter of being caught up in some "two-party brainwashing bullshit" - it\'s about being aware that our potential leaders exist on a spectrum of distinctions. Thomas Jefferson and Stalin cannot possibly be equivalent, so they must exist on a gradient. Choose, goddamnit, and choose wisely!\n\n[2nd edit] Minnesota is not a Republican state, I stand corrected on that point. But its only Republican representative is the one pushing for anti-CBDC legislation.', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/', '13p5jff', [['u/clue5tick', 59, '2023-05-23 00:46', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl7uvsh/', "It's mostly just the Uniparty. Time to defund them all!", '13p5jff'], ['u/Valence101', 22, '2023-05-23 01:22', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl7zpdi/', "I agree, both have spent money we don't have on wars, airdrops to corporations, and purchasing votes.\n\nIt's time to just watch the money become worthless and the psychopathic struggle for the money printer to end.\n\nIt's a broken system. Society made a mistake with fiat money. It's time to move on and live our lives, make things better for the next generation and learn from our mistakes of a stupid childish money tree that profits the king of the hill at the expense of the masses.", '13p5jff'], ['u/Umpire_State_Bldg', 76, '2023-05-23 01:24', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl7zw8v/', "When you finally get over the two-party brainwashing bullshit, you're going to feel so liberated.", '13p5jff'], ['u/joel8x', 17, '2023-05-23 01:36', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl81j65/', 'This sub generally understands that Crypto does not mean Bitcoin. 99.9% of Crypto is scammy because it doesn’t address the fundamental trust issues that Bitcoin solves. When a politician comes out against Crypto scammers, it’s not anti Bitcoin.', '13p5jff'], ['u/SuccessfulPlenty942', 15, '2023-05-23 02:18', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl8739g/', 'Minnesota is not a republican state 🤣', '13p5jff'], ['u/TelMeEverything', 10, '2023-05-23 02:49', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl8b8i7/', 'Minnesota has always been a blue state. Grew up there.', '13p5jff'], ['u/Jaxelino', 21, '2023-05-23 02:56', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl8c5bc/', 'Yeah, I see where OPs coming from, but I\'m downvoting anything that is "republican this, democrats that\'s\'.\n\nIt\'s not like one party is better than the other. \n\nSure, on Bitcoin the stance of the left is often super embarrassing. The republicans are embarrassing on other fronts, like abortions, and ppl like MTG. Munger is a republican as well, he and Buffet really love Bitcoin /s.\n\nHence, after all the lies and grifting and lobbying, you realize that this world has problems in need for solutions, and siding with either party bs ain\'t gonna lead you anywhere.', '13p5jff'], ['u/Umpire_State_Bldg', 18, '2023-05-23 03:05', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl8datu/', 'Yes. Both sides are owned and operated by the same "money printing" criminals.', '13p5jff'], ['u/greinertr', 11, '2023-05-23 03:18', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl8f0q0/', 'Minnesota is a republican state? Interesting they always vote Democrat.', '13p5jff'], ['u/Jaxelino', 10, '2023-05-23 03:18', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl8f26k/', 'I like the terms:\n\n- corporatocracy\n\n\n- banana republic 🍌', '13p5jff'], ['u/HappyGoLacky', 13, '2023-05-23 03:57', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl8ka2x/', 'Again… there is no red, there is no blue. There is government, and there is you.', '13p5jff'], ['u/baconcheeseburgarian', 10, '2023-05-23 05:15', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl8uin2/', 'Texas also bans books and abortion and allows the government to claim eminent domain over private property so a corporation can build a pipeline or well. \n\nChoose wisely, your great red state may not even be able to keep the power on.', '13p5jff']]], ['u/lymeguy', 'What if crypto already peaked?', 93, '2023-05-23 01:35', 'https://www.reddit.com/r/CryptoCurrency/comments/13p7aeq/what_if_crypto_already_peaked/', "Imagine the year is 2030 and bitcoin is still hovering around 26-35k more or less depending on the month.\n\nStill in the top 10 are bitcoin etherium and Dogecoin. The market rarely gets further than the days of the covid pandemic crypto spike/marketcap. \n\nMeaning people aren't getting 'rich' off crypto like un the early days, just mostly whales who can afford big risks in little pumps.\n\nThat said at least there is some stability if the market is sticking around but maybe doesn't have the old hype that it used to.\n\nHow would you feel about this type of scenario satisfied or disappointed in the evolution of the crypto market?\n\n🌙 📊🚗", 'https://www.reddit.com/r/CryptoCurrency/comments/13p7aeq/what_if_crypto_already_peaked/', '13p7aeq', [['u/LivingFondant1419', 146, '2023-05-23 01:39', 'https://www.reddit.com/r/CryptoCurrency/comments/13p7aeq/what_if_crypto_already_peaked/jl81z1y/', "Honestly, Im starting to get so desperate with real life that I'm placing too much hope on crypto doing well. The cost of living and rent in my city is absolutely stiffling. \n\nBeing so hopeful and excited for a future where I am comfortable for once is usually how I get hurt the worst.", '13p7aeq'], ['u/tewsbeferneds78', 28, '2023-05-23 01:45', 'https://www.reddit.com/r/CryptoCurrency/comments/13p7aeq/what_if_crypto_already_peaked/jl82ntp/', 'This has been said every year since at least 2016. Doesn’t take anything away from your points but just something to keep in mind.', '13p7aeq'], ['u/zoomercoomer9000', 63, '2023-05-23 01:46', 'https://www.reddit.com/r/CryptoCurrency/comments/13p7aeq/what_if_crypto_already_peaked/jl82vga/', 'Then we go back to playing with LEGO. But for now our new toy is still pretty fun.', '13p7aeq'], ['u/Dull_Tough_7149', 38, '2023-05-23 01:49', 'https://www.reddit.com/r/CryptoCurrency/comments/13p7aeq/what_if_crypto_already_peaked/jl83919/', "Come on, bois, wrong spirit here. Satoshi's plan is still active and will work. It's just a bad time right now with those idiotic and hateful regulations. If the worst happens, we will be remem... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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:Crypto\'s narrative this year has varied so widely that one dominant thread is difficult to pin down. BTC was hovering comfortably above $27K.\nInsights:Crypto in Hong Kong won\'t resemble what it looked like in previously, if the government passes proposed crypto exchange rules.\nCoinDesk Market Index (CMI)\n1,204.65\n+14.6▲1.2%\nBitcoin (BTC)\n$27,139\n+235.9▲0.9%\nEthereum (ETH)\n$1,849\n+27.9▲1.5%\nS&P 500 daily close\n4,145.58\n−47.0▼1.1%\nGold\n$1,978\n+3.4▲0.2%\nTreasury Yield 10 Years\n3.7%\n▼0.0\nBTC/ETH prices perCoinDesk Indices; gold is COMEX spot price. Prices as of about 4 p.m. ET\n[["1,204.65", "+14.6\\u25b21.2%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$27,139", "+235.9\\u25b20.9%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,849", "+27.9\\u25b21.5%"], {"CoinDesk Market Index (CMI)": "S&P 500 daily close"}, ["4,145.58", "\\u221247.0\\u25bc1.1%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,978", "+3.4\\u25b20.2%"], {"CoinDesk Market Index (CMI)": "Treasury Yield 10 Years"}, ["3.7%", "\\u25bc0.0"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices; gold is COMEX spot price. Prices as of about 4 p.m. ET"}]\nBitcoin Rises Slightly and Waits\nGood morning,\nBitcoin is starting the trading day in East Asia up 0.9% to $27,139, while ether is up 1.5% to $1,849.\nAre we in a meme coin season? A hedge against risk season? Or a risk asset season?\nTough to tell these days.\nOne day it seems like bitcoin and ether are making a slow and steady push upwards, then the next memecoin comes along and shoots into the stratosphere. On other days it seems like there’s a flight to quality. Consider the data point of staked ether hitting an all-time high.\nSince Ethereum\'s Shapella upgrade on April 12, the amount of staked ether has surged,CoinDesk recently reported, with 4.4 million more coins deposited for staking.\nAll this is despite over a month\'s wait to become a network validator, driven by large ether holders seeking passive income, and anticipated deflationary forces that may increase ether\'s price, making the 4-5% annual yield an attractive proposition.\n“With Ethereum’s Shanghai over and investors nursing memecoin hangovers, the crypto market is ‘sans narrative,’ Charmyn Ho, head of crypto insights at Bybit, wrote in a note to CoinDesk.\nHo writes that the imminent Ethereum EIP-4844 upgrade, which boosts transaction throughput via a process calledproto-danksharding, could favor Layer 2 solutions like Arbitrum, Optimism, and promising new entrants like Mantle, possibly ushering an "L2 season," while the altcoin market drifts towards Bitcoin amid a fluctuating yield curve.\nBut right now, the narrative is tricky to pin down.\n“With most coins struggling to break their 20-week moving averages, it seems premature to talk of an incoming ‘altseason’ or ‘memeseason’,” Ho said. “Indeed, we are still seeing capital move the opposite way – from altcoins to Bitcoin and Ethereum. As a result, most altcoins are falling on their BTC pairs.”\n[{"Asset": "Solana", "Ticker": "SOL", "Returns": "+1.5%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Ethereum", "Ticker": "ETH", "Returns": "+1.4%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Gala", "Ticker": "GALA", "Returns": "+1.4%", "DACS Sector": "Entertainment"}]\n[{"Asset": "Decentraland", "Ticker": "MANA", "Returns": "\\u22120.9%", "DACS Sector": "Entertainment"}, {"Asset": "Chainlink", "Ticker": "LINK", "Returns": "\\u22120.8%", "DACS Sector": "Computing"}, {"Asset": "Dogecoin", "Ticker": "DOGE", "Returns": "\\u22120.7%", "DACS Sector": "Currency"}]\nNew Hong Kong Rules Value TradFi Chops\nA few months ago,crypto Twitterati thoughtthat Hong Kong’s upcoming virtual asset rules would unlock a geyser of degen capital and jumpstart the China crypto narrative.\nAfter all, Hong Kong was, at one time, the home of crypto’s growth story in its early days. Binance, Bitfinex, Tether, Justin Sun, and many other crypto stakeholders as well as Initial Coin Offering (ICO) teams once called Hong Kong home as the city’s fast-paced and free-flowing markets on overdrive were a natural match for crypto.\nIt was hoped that all this would make Hong Kong’s crypto scene great again – bringing back the fast times of the past.\nBut the Securities and Futures Commission\'s (SFC)latest draftof the guidelines thatcame out Tuesday afternoonHong Kong time discouraged the idea.\nCurrently, most of the virtual asset trading platforms accessible to the public are not regulated by the SFC, and the SFC hasn’t announced a list of license applicants.\nTaking a glimpse at this draft, which plays a part of the consultation process, the SFC is beating down the idea that crypto in 2023’s Hong Kong is going to be like anything of the past.\nRetail Can Trade – After Onboarding\nYes, retail investors will be able to trade crypto in Hong Kong. But not every retail investor will be able to trade crypto in Hong Kong.\nThe exact criteria of what constitutes an onboarding process hasn’t been precisely defined, but the SFC says that the automatic trading nature of virtual assets “necessitates strict requirements”.\nPlatform operators must ensure the suitability of retail clients through comprehensive onboarding processes, the SFC says, including risk tolerance assessment and a holistic evaluation of an investor\'s understanding of virtual assets based on their education, work, and prior trading experience.\nPlatforms will be required to establish limits on the size of positions, and the SFC says that exact exposure limit will be determined based on a know-your-client process the exchange conducts.\nTradFi Licenses Prioritized\nOn top of these exchanges, just like any other traditional financial institution in Hong Kong, will be two key positions: the Responsible Officer and the Licensed Representative.\nThese individuals will generally have to fit within the criteria the SFC uses for these roles in the TradFi space. They must have a combination of relevant degrees (though does such a thing exist for crypto?), management experience and local equivalents to FINRA licenses from the Hong Kong Securities and Investment Institute.\nIt’s understood that many exchanges intending to apply for licenses in Hong Kong, such as Binance, have begun to heavily hire ex-TradFi types who hold these licenses – crypto knowledge be damned.\nExchanges Must Provide Financial Disclosures\nThe new regulations mandate crypto exchanges to maintain a minimum of HKD 5,000,000 ($640,000) in capital at all times and submit monthly financial reports to the SFC, which include a summary of both assets (in particular where and when they are deposited) as well as liabilities such as bank loans or other credit facilities.\nPost-FTX, many exchanges are publishingProof of Reserves, a form of on-chain audit to build confidence in their liquidity. However, these have been criticized for lacking one key metric – liabilities. It looks like this requirement from the SFC will address this.\nNot Every Token Can Be Listed; Retail Won’t Have Stablecoins\nPart of the SFC’s proposed rules is what effectively amounts to a 12-month cooling-off period between the launch of a token and when it\'s able to be listed on regulated exchanges.\n“While a 12-month requirement may not have prevented the recent collapses of some tokens, this requirement aims to reduce the risk of reasonably hard-to-detect fraud as well as the possible impact on the price of a token of the marketing efforts leading up to its initial offering,” the SFC writes.\nListed tokens must also have a smart contract audit completed by an independent assessor. As well, tokens must be large-cap virtual assets included in at least two acceptable indices issued by two independent index providers.\nHowever, the SFC said that it doesn’t feel it would be “appropriate” to publish a list of virtual assets eligible for retail trading.\nPerhaps the most controversial part of this would be the ban on stablecoins for retail traders, as the SFC finds them unsuitable for retail traders due to the propensity for runs and the lack of regulation.\nRetail traders will only get access to stablecoinsonce local regulations for the asset class are in place.\nCustodians Excluded\nFTX customers in Japanlive in something of a parallel universe to their peers elsewhere.\nBecause rules in Japan – implemented post-Mt. Gox – require exchanges that operate in the company to use third-party custodians that segregate funds, Japanese customers have been able to withdraw crypto and fiat fromFTX Japan since early February.\nBut this won’t be the case in Hong Kong.\nThe SFC says that since there is no regulatory regime for custodians of virtual assets, allowing that would hinder their supervision and enforcement.\nThis could be considered counterintuitive, since manycrypto custodians already existin Hong Kong, like Hex Trust. Alessio Quaglini, the CEO of Hex Trust,has long called for specific custodian rules for digital assets, but it looks like that request has met deafening silence.\n10:00 a.m. HKT/SGT(2:00 UTC)New Zealand Monetary Policy Statement\n2:00 p.m. HKT/SGT(6:00 UTC)United Kingdom Consumer Price Index (YoY/April)\n2:009 a.m. HKT/SGT(18:00 UTC)United States FOMC Minutes\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nFTX CEO\'s Legal Billings Hint at Comeback for Crypto Exchange; Bitcoin\'s Reaction to Debt Ceiling Stalemate\nThe new CEO of FTX, John Ray III, billed just over 6.5 hours in his last cycle reviewing and working on what appears to be FTX 2.0 materials. Laura Shin, "The Cryptopians" author and "Unchained" podcast host joined "First Mover" to discuss. Plus, LUKSO co-founder and chief blockchain architect Fabian Vogelsteller discussed LUKSO’s upcoming mainnet launch. And, bitcoin (BTC) was back above $27,000 – as President Biden and House Speaker Kevin McCarthy left their 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: 2023-05-24 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $527,751,286,731 - Hash Rate: 347301203.81571233 - Transaction Count: 405521.0 - Unique Addresses: 617027.0 Social & AI Sentiment: - Fear & Greed Index: 0.50 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Traders work the floor of the New York Stock Exchange during morning trading on May 05, 2022 in New York City. Michael M. Santiago/Getty US stocks fell on Thursday after weekly jobless claims jumped to the highest level since October 2021. Initial jobless claims jumped by 22,000 to 264,000, which was ahead of estimates for 245,000. PacWest Bancorp plunged more than 20% after the bank said its deposit base fell by nearly 10% last week. US stocks edged lower on Thursday after weekly jobless claims surged by 22,000 to 264,000, representing the highest level since October 2021. The high jobless claims number came in ahead of economists estimates for 245,000, and it continues a recent trend of the unemployment claims ticking higher as more companies reduce their headcount and slowdown their hiring efforts. Banking fears were renewed after PacWest Bancorp said its deposit base shrunk by nearly 10% last week after a report said it was considering a sale. The troubled bank stock plunged by more than 20% and helped drag down the Regional Banking sector ETF by 2%. Stocks also dipped despite further signs inflation is coming down. The April Producer Price Index rose just 0.2%, below expectations for a 0.3% rise. The PPI index fell to 2.3% year-over-year in April. That follows Wednesday's reading of the Consumer Price Index, which showed prices rose 4.9% last month, lower than economists' estimates. Investors remain focused on earnings results after Disney reported a decline in streaming subscriptions to its Disney+ platform. The stock fell about 6%. So far 90% of S&P 500 companies have reported first-quarter earnings so far, with 77% of those companies beating profit estimates by a median of 8%. Here's where US indexes stood shortly after the 9:30 a.m. ET opening bell on Thursday: S&P 500 : 4,123.36, down 0.35% Dow Jones Industrial Average : 33,287.03, down 0.73% (244.30 points) Nasdaq Composite : 12,284.70, down 0.18% Here's what else is happening this morning: Egg prices have declined by 32% since their January peak, which has helped limit the rise of inflation in recent months. Top economist David Rosenberg said Microsoft's decision to not raise salaries for its full-time employees signaled that US inflation should continue to fall. Bitcoin has slumped nearly 10% over the past month, putting the 2023 crypto rally in jeopardy after a strong start to the year. Story continues In commodities, bonds and crypto: West Texas Intermediate crude oil fell 1.65% to $71.36 per barrel. Brent crude , oil's international benchmark, dropped 1.58% to $75.20. Gold rose 0.12% to $2,039.60 per ounce. The yield on the 10-year Treasury fell 6 basis point to 3.37%. Bitcoin dropped 0.97% to $27,359, while ether fell 1.44% to $1,816. 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: ['Good morning. Here’s what’s happening: Prices: Bitcoin remains in the red as Asian markets open and investors consider U.S. debt ceiling woes and other uncertainties. Insights: In an interview with CoinDesk, Market maker Flowdesk\'s CEO sees opportunity in the U.S. Prices CoinDesk Market Index (CMI) 1,145 −32.2 ▼ 2.7% Bitcoin (BTC) $26,362 −856.1 ▼ 3.1% Ethereum (ETH) $1,805 −48.8 ▼ 2.6% S&P 500 4,115.24 −30.3 ▼ 0.7% Gold $1,961 −11.3 ▼ 0.6% Nikkei 225 30,682.68 −275.1 ▼ 0.9% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,145 −32.2 ▼ 2.7% Bitcoin (BTC) $26,362 −856.1 ▼ 3.1% Ethereum (ETH) $1,805 −48.8 ▼ 2.6% S&P 500 4,115.24 −30.3 ▼ 0.7% Gold $1,961 −11.3 ▼ 0.6% Nikkei 225 30,682.68 −275.1 ▼ 0.9% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) A Down Day for Bitcoin As the Asian trading day opened, investors continued to mull over recent macroeconomic uncertainties that have plagued digital assets for more than 12 days. Bitcoin was recently trading at $26,362, down about 3.1% over the past 24 hours. The largest cryptocurrency by market capitalization had been hovering in a narrow range before dipping below its recent $26,500 support early Wednesday. Markets have been roiled by an ongoing debt ceiling stalemate and inflationary and crypto regulatory concerns. Federal Open Market Committee minutes showing a difference of opinion among U.S. central bankers about further rate hikes did little if anything, to soothe markets – crypto or otherwise. "Bitcoin remains rangebound and should continue to consolidate near the lower boundaries of its downward sloping trading range, with the $25,000 level providing massive support," Edward Moya, senior market analyst for foreign exchange market maker Oanda, wrote in an email. Ether was recently changing hands at about $1,800, down 2.8% from Tuesday at the same time. Other major cryptos were mostly in the red, with popular memecoins DOGE and SHIB recently falling about 3% and 4%, respectively. The CoinDesk Market Index , a measure of cypto markets performance, was down 3%. Story continues Moya wrote that "bitcoin is under pressure as the risk of a U.S. default grows," and the U.S. central bank faces the prospect of continuing its monetary tightening. "Bitcoin is going to be very sensitive to surging Treasury yields as too many crypto/blockchain companies will struggle with financing," he wrote. "It is hard enough to find a bank that will deal in cryptos, let alone take out loans for long-term projects." Biggest Gainers There are no gainers in CoinDesk 20 today. Biggest Losers Asset Ticker Returns DACS Sector Terra LUNA −5.8% Smart Contract Platform Decentraland MANA −4.8% Entertainment Shiba Inu SHIB −4.5% Currency Insights Market Maker Flowdesk Aims for U.S. Expansion It’s tough to find someone that’s bullish on the U.S. crypto market. Some of the most recognizable names in the industry are bearish, citing a lack of regulatory clarity, like Coinbase CEO Brian Armstrong . Coinbase has threatened to move offshore if regulatory clarity isn’t established soon. And its sentiment is shared by many – plenty of crypto venture capitalists prefer to invest in places like Singapore. But Guilhem Chaumont, CEO of market maker and liquidity provider Flowdesk, sees things differently. In an interview with CoinDesk, Chaumont says he views the U.S. as a central hub for the crypto market and believes his company can thrive there due to its commitment to compliance and regulatory requirements – as onerous and unclear as they might be – from day one. Chaumont told CoinDesk that his company had just opened a New York office, which it wants to expand. The sophistication and size of the U.S. capital markets is a worthwhile trade-off for having to deal with its regulatory regime, he argues. He said that there’s an inevitable convergence of crypto and traditional finance (TradFi) regulations, which he views positively. He also notes the potential for a talent bridge between the sectors. "Crypto is not going to happen without regulation. And if that means that regulation needs to be TradFi levels, we are on this side, as we prefer to have this than having no regulation basically," he said. Hong Kong, for example, heavily emphasized the TradFi experience when it recently released the first draft of its crypto licensure framework. “The convergence of these two regulatory frameworks is a positive sign for us. Because it will allow for a massive bridge of talent to come into crypto," Chaumont said. In an ideal world, Chaumont says, there would be purpose-built regulation for crypto, but sometimes a compromise is necessary. After all, the future of crypto trading involves more and more regulated assets. “There was a hope, which I shared, that we could reinvent everything from scratch and take the best of both worlds to devise new regulation that is simpler than that of TradFi and lacks its costly complexity,” he said. “What we\'re seeing is that this hope is slowly fading away, and crypto regulation is basically converging with TradFi.” Which, for Flowdesk, isn’t a bad thing. Important events. The Future of Money, Governance & The Law (Washington D.C.) 8:30 p.m. HKT/SGT(12:30 UTC) United States Gross Domestic Product Annualized (Q1) 7:30 a.m. HKT/SGT(23:30 UTC) Tokyo Consumer Price Index (YoY/May) CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Ledger CEO on Key Recovery Rollout Delay; Bitcoin Poised to Post First Losing Month of 2023 Following scrutiny from the crypto community, hardware wallet provider Ledger said it will delay releasing a key recovery feature. Ledger CEO and Chairman Pascal Gauthier joined "First Mover" to discuss why the firm won’t introduce the new feature before releasing the code for it. Separately, Prometheum Inc. founder and co-CEO Aaron Kaplan discussed the SEC-friendly crypto path that the firm has found with the U.S. regulator. And, "The Crypto Trader" author Glen Goodman shared his markets analysis, as bitcoin (BTC) is on track to post its first losing month of 2023. Headlines Crypto Security Firm Unciphered Claims Ability to Physically Hack Trezor T Wallet : Unciphered, a company of cybersecurity professionals who recover lost cryptocurrency, says it found a way to physically hack into the Trezor T hardware wallet. Trezor says it acknowledged a similar-sounding attack vector a few years ago. Fantom Foundation Removes $2.4M MULTI from SushiSwap Liquidity Pool : Multichain’s current upgrade is taking longer than expected, causing delays in their transactions. 0x Releases Latest Version of DEX Aggregator Matcha : The newest iteration is focused on enhancing the trading experience for users. Ava Labs Launches \'No-Code\' Web3 Launchpad AvaCloud : Ava Labs says that the tool will allow companies to bring Web3 products to market faster, cheaper and with lower risk. Non-Profit Organization Energy Web Starts Sustainability Registry for Bitcoin Miners : Miners will be scored based on their use of clean energy and grid impact.', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin remains in the red as Asian markets open and investors consider U.S. debt ceiling woes and other uncertainties.\nInsights:In an interview with CoinDesk, Market maker Flowdesk\'s CEO sees opportunity in the U.S.\nCoinDesk Market Index (CMI)\n1,145\n−32.2▼2.7%\nBitcoin (BTC)\n$26,362\n−856.1▼3.1%\nEthereum (ETH)\n$1,805\n−48.8▼2.6%\nS&P 500\n4,115.24\n−30.3▼0.7%\nGold\n$1,961\n−11.3▼0.6%\nNikkei 225\n30,682.68\n−275.1▼0.9%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,145", "\\u221232.2\\u25bc2.7%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$26,362", "\\u2212856.1\\u25bc3.1%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,805", "\\u221248.8\\u25bc2.6%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,115.24", "\\u221230.3\\u25bc0.7%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,961", "\\u221211.3\\u25bc0.6%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["30,682.68", "\\u2212275.1\\u25bc0.9%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nA Down Day for Bitcoin\nAs the Asian trading day opened, investors continued to mull over recent macroeconomic uncertainties that have plagued digital assets for more than 12 days.\nBitcoin was recently trading at $26,362, down about 3.1% over the past 24 hours. The largest cryptocurrency by market capitalization had been hovering in a narrow range before dipping below its recent $26,500 support early Wednesday. Markets have been roiled by an ongoing debt ceiling stalemate and inflationary and crypto regulatory concerns. Federal Open Market Committee minutes showing a difference of opinion among U.S. central bankers about further rate hikes did little if anything, to soothe markets – crypto or otherwise.\n"Bitcoin remains rangebound and should continue to consolidate near the lower boundaries of its downward sloping trading range, with the $25,000 level providing massive support," Edward Moya, senior market analyst for foreign exchange market maker Oanda, wrote in an email.\nEther was recently changing hands at about $1,800, down 2.8% from Tuesday at the same time. Other major cryptos were mostly in the red, with popular memecoins DOGE and SHIB recently falling about 3% and 4%, respectively. TheCoinDesk Market Index, a measure of cypto markets performance, was down 3%.\nMoya wrote that "bitcoin is under pressure as the risk of a U.S. default grows," and the U.S. central bank faces the prospect of continuing its monetary tightening.\n"Bitcoin is going to be very sensitive to surging Treasury yields as too many crypto/blockchain companies will struggle with financing," he wrote. "It is hard enough to find a bank that will deal in cryptos, let alone take out loans for long-term projects."\nThere are no gainers in CoinDesk 20 today.\n[{"Asse Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-25 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $508,952,067,181 - Hash Rate: 371932494.8664721 - Transaction Count: 460167.0 - Unique Addresses: 689359.0 Social & AI Sentiment: - Fear & Greed Index: 0.51 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Join the most important conversation in crypto and web3! Secure your seat today Argo Blockchain (ARB), the only U.K.-listed cryptocurrency miner, slumped to a full-year loss in 2022 as the price of bitcoin (BTC) dropped and mining difficulty increased, driving up costs as revenue fell. The London-based companyreported a net lossof 194.2 million British pounds (US$240 million), or 40.98 pence a share, compared with net income of 30.8 million pounds, or 7.4 pence, the year before, it said in a statement. The bitcoin price slumped more than 60% last year. Miners across the board struggled in 2022 as revenue declined alongside the bitcoin price while energy costs soared and the difficulty of mining a bitcoin block, which is when they are rewarded,soared. While rivals such asCore ScientificandCompute Northfiled for bankruptcy protection, Argo avoided the same fate byagreeing to sell its Helios miningfacility in Dickens Country, Texas, to Galaxy Digital for $65 million. It also negotiated a new $35 million loan from investor Michael Novogratz’s crypto-focused financial-services firm, secured by its mining equipment. Argo's mining margin widened to 45%-50% in the first quarter from 35% in the fourth quarter, while daily bitcoin production rose 5%. Argo said it will now focus on its operations in Quebec, Canada, where it operates two sites totaling 20 megawatts (MW) of power, according to itswebsite. "Having navigated challenging market conditions in both the crypto sector and the global economy in the second half of 2022, Argo has emerged stronger and in a much more solid financial position," interim CEO Seif El-Bakly said in the statement. Peter Wallresignedas CEO almost three months ago. The flagship Helios site didn't have a fixed-rate power agreement, which meant costs rose sharply amid the2022 energy crisis. Argo tried toraise fundsto avoid bankruptcy, then eventually decided to sell the site, which has the potential ofreaching 800 MWof power consumption. The firm ended the year with 2.5 exahash/second of computing power, slightly less than the3.2 EH/s it foresawin August 2022. Argo isone of a handful of companiesthat agreed to buy chipmaking giant Intel's (INTC) bitcoin mining application-specific integrated circuits (ASIC) in February 2022. It isdesigned a mining rig using those chips along with hardware maker ePIC Blockchain. Intel last week said it isdiscontinuingthe product line while ePIC Blockchain is promoting the Intel-based machines on its website to other customers. Argo said it expects to receive 2,870 units of the Intel-based chips early in the third quarter. Shares of the company fell 5% as of mid-morning on the London Stock Exchange. UPDATE (April 28, 9:51 UTC):Adds mining industry background in third paragraph, first-quarter information in fourth, details about Helios, ePIC Blockchain collaboration, Quebec sites.... - Reddit Posts (Sample): [['u/AutoModerator', '[Daily Discussion] - Thursday, May 25, 2023', 28, '2023-05-25 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/13r7acs/daily_discussion_thursday_may_25_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\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/13r7acs/daily_discussion_thursday_may_25_2023/', '13r7acs', [['u/anon-187101', 21, '2023-05-25 07:35', 'https://www.reddit.com/r/BitcoinMarkets/comments/13r7acs/daily_discussion_thursday_may_25_2023/jlj2mdo/', '"Crazy stat: $NVDA\'s post-market gain > nearly all of the revenue its generated since the company\'s inception."\n\nHuh, what FOMO?', '13r7acs'], ['u/btcluvr', 27, '2023-05-25 09:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/13r7acs/daily_discussion_thursday_may_25_2023/jljabzn/', "it's a no-brainer actually.\n\nno default, debt limit lifted (99% chance) = print baby print, more debt, more trust erosion.\n\ndefault (1% chance) = all fed networks go to shambles, trust is broken once and for all, all rating agencies, hedge funds, bonds, treasuries and j-pow on top.\n\naccumulate more, these are great times.", '13r7acs'], ['u/ChadRun04', 16, '2023-05-25 09:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/13r7acs/daily_discussion_thursday_may_25_2023/jljdexp/', '> 99% chance\n\nLow-balling it.\n\n99.9998% at least.', '13r7acs'], ['u/_supert_', 10, '2023-05-25 10:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/13r7acs/daily_discussion_thursday_may_25_2023/jljhe5j/', 'Motherfucker. I was looking at getting some because both the AI push and should benefit from a crypto spring. But it looked so rich... :(', '13r7acs'], ['u/therein', 17, '2023-05-25 19:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/13r7acs/daily_discussion_thursday_may_25_2023/jllaldn/', 'We rotate today it seems. Wonderful.\n\nHere is a nice article from May 9: https://blog.bitmex.com/the-denominator/#', '13r7acs'], ['u/spinbarkit', 10, '2023-05-25 20:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/13r7acs/daily_discussion_thursday_may_25_2023/jlllzt4/', 'dude this is golden', '13r7acs']]], ['u/rBitcoinMod', 'Daily Discussion, May 25, 2023', 25, '2023-05-25 08:02', 'https://www.reddit.com/r/Bitcoin/comments/13r9iji/daily_discussion_may_25_2023/', "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!\r\n\r\nIf you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.\n\nPlease check the [previous discussion thread](https://www.reddit.com/r/Bitcoin/comments/13qd45m/daily_discussion_may_24_2023/) for unanswered questions.", 'https://www.reddit.com/r/Bitcoin/comments/13r9iji/daily_discussion_may_25_2023/', '13r9iji', [['u/iamjustaguy', 26, '2023-05-25 15:33', 'https://www.reddit.com/r/Bitcoin/comments/13r9iji/daily_discussion_may_25_2023/jlk96yp/', 'I\'ve noticed increased simping for politicians here on this subreddit. Please, stop. \n\nI\'m old enough to remember how a politician once said he was pro union, and the air traffic controllers endorsed him for president. After he took office, the air traffic controllers went on strike. The "pro union" president promptly fired them.\n\nSo, these politicians see how passionate bitcoiners are, so they announce their support for it. When the banksters, owners, and corporate overlords put the pressure on politicians after the election is over, don\'t forget what happened to the air traffic controllers in 1981.\n\nThere are many more examples, both Democrat and Republican.\n\nDON\'T TRUST POLITICIANS! (verify by looking at their track record with a critical mind)', '13r9iji'], ['u/paperraincoat', 11, '2023-05-25 16:17', 'https://www.reddit.com/r/Bitcoin/comments/13r9iji/daily_discussion_may_25_2023/jlkfjdq/', "Capitalist Democrats are effective enablers of Capitalist Republicans. It's like growing up being beaten by one parent and thinking the other parent is good, it often takes a long time to realize they're both terrible. \n\n\nLikewise, each party would rather let the other side win than support a non-Capitalist Democrat like Bernie. This was what finally convinced me that both parties truly are two sides of the oligarchy coin. There are real differences on lower-level issues to be sure, but when it comes to money, and stealing (printing) it, their fundamentals are the same.", '13r9iji'], ['u/hateschoolfml', 10, '2023-05-25 17:27', 'https://www.reddit.com/r/Bitcoin/comments/13r9iji/daily_discussion_may_25_2023/jlkq8nz/', 'Fiat was concocted in backrooms, imposed on all.\n\nBitcoin was built in public, imposed on none.\n\nhttps://twitter.com/anilsaidso/status/1661588756892389376?s=46&t=ihVglVXC0BQSbw6j57EoaA', '13r9iji'], ['u/Umpire_State_Bldg', 13, '2023-05-25 17:43', 'https://www.reddit.com/r/Bitcoin/comments/13r9iji/daily_discussion_may_25_2023/jlksr3r/', 'Bitcoin rewards smart, honest, hard-working people.\n\nFiat currency punishes smart, honest, hard-working people.\n\nFiat currency rewards stupidity and dishonesty. Fiat currency gives false hope to the lazy.', '13r9iji']]], ['u/Ok-Implement-4370', 'Calling out CSW/CA/KW/SM', 15, '2023-05-25 08:57', 'https://www.reddit.com/r/bsv/comments/13rafos/calling_out_cswcakwsm/', "For those of you who do not know me, my family did well on BTC with Coins acquired atleast ten years ago. 300 BTC that was cashed out is my rough budget I can set aside for this project.\n\nSo to help AVP in his Quest for Evidence in one of his recent posts, I am offering to purchase 500,000 BSV at the market rate at the time the evidence is verified.\nhttps://twitter.com/Arthur_van_Pelt/status/1660919603495567362?t=8-qAv7c8ytwqK6giqsqKuA&s=19\n\nI see this as two outcomes.\nIf CSW/CA/KW/SM want credibility, which at this point is zero then they can view this in two outcomes as well.\n\nIt allows those who foolishly 'invested' into BSV and wish to get out with a minimal loss to sell, I will prioritise their Coins over TAAL purchases etc for this huge order and pay above the current market rate for those who wish to sell and recover some of their losses. I will give 250,000 of these BSV Coins to whoever presents verifiable evidence first. As the price plummets for BSV, it means I spend less and the 'winner' gets a smaller jackpot.\n\nObviously, once the evidence is verified, the value of the coins will skyrocket on news that Craig is not a total pathological lying, thieving, delusional narcissist living a fantasy world of Grandeur ensuring the Evidence provider gets a massive injection of BSV.\n\nWhether anyone wants to buy that BSV from the winner is dependent on the market but we all know what the market adoption has been like so far...\nMaybe this is not actually a prize if you cannot exchange it for anything 😂\n\nPrize cannot be provided as Cash or BTC or any other reputable Shitcoin 👍\n\nYour call BSV lovers. Ask Daddy Calvin, Sugar Baby Craig, creepy Uncle Stephen or Kurt the sock under the bed to cough up some REAL Evidence.\n\nSomehow I can guarantee it will be Soon™ or with a Bonded Courier, stomped on the evidence, Dog ate my homework, Cat shat in my Hat or the Hong Kong Safety Box got raided by S.H.E.I.L.D to protect the world(I should Copyright that one but we all know CSW will plagiarise it anyway)", 'https://www.reddit.com/r/bsv/comments/13rafos/calling_out_cswcakwsm/', '13rafos', [['u/anonymouscitizen2', 16, '2023-05-25 11:31', 'https://www.reddit.com/r/bsv/comments/13rafos/calling_out_cswcakwsm/jljkfbv/', 'I visited Craigs 30000 acre property in Australia in 07-2008 and saw an idling laptop computer on-top of an intro to C++ textbook. Also can affirm his 3rd cousin thinks he’s good at computer stuff and he believed craig made bitcoin ( he’s dead now, passed in 06) I will testify to this in an Antiguan court of law. \n\ncontact me for my payment details, thx.', '13rafos']]], ['u/B1gg_R3dd', 'Is this the last time to “get in early”?', 32, '2023-05-25 08:58', 'https://www.reddit.com/r/CryptoCurrency/comments/13rag8n/is_this_the_last_time_to_get_in_early/', 'I hear people saying to newcomers that we are all still very very early as far as crypto is concerned. My fear is that I haven’t had enough time to build my portfolio to really have anything worthwhile in this next bull market. I will keep dca in to btc and eth and looking in to other projects regardless, but I don’t feel like I’ll be obtaining financial freedom anytime soon. As we move closer to this next Bitcoin halving, and what I assume to be a potential bull market on the horizon, could this be the last time to truly be an early bird in the crypto space? Mining doesn’t seem like a viable option anymore unless you spend a lot of money and have low electricity costs, so the only way for me to invest is by continuing to work my job and use fiat for everything. Maybe this is just the FOMO talking, but I can’t help but feel like I should sell all my shit to just throw in to Bitcoin and alt coins right now.', 'https://www.reddit.com/r/Crypto... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Company to add more than 120,000 miners to its managed fleet, increase total hashrate under management by approximately 12.2 EH/s MIAMI, May 26, 2023 --( BUSINESS WIRE )--US Data Mining Group Inc. dba US Bitcoin Corp ("USBTC"), which announced an all-stock merger of equals with Hut 8 Mining Corp. (NASDAQ: HUT) on February 7, 2023, today announced that it has been selected after multiple rounds of bidding in a competitive auction process to manage the restructured mining division of Celsius Network LLC ("Celsius"), which filed for Chapter 11 bankruptcy protection in July 2022. USBTC submitted the winning bid as part of the Fahrenheit, LLC ("Fahrenheit") coalition. The Fahrenheit coalition includes crypto industry pioneers USBTC, Arrington Capital, Proof Group Capital Management, Steven Kokinos, and Ravi Kaza. Upon restructuring, Fahrenheit will serve as the management company of the broader Celsius entity. Fahrenheit will receive a management fee of $20 million per year as part of a five-year agreement with Celsius. "Our specialized expertise and track record of execution ultimately secured Fahrenheit’s successful bid to restructure Celsius," said Michael Ho, CEO of USBTC. "Each member of the coalition brings extensive experience operating, optimizing, and scaling high-potential assets across web3 markets." Under the proposed restructuring, USBTC will enter into one or more operating and services agreements with the restructured company to become the exclusive operator of all mining assets formerly owned by Celsius. In addition to a portion of the management fee, USBTC will also receive from Fahrenheit a fee of $15 million per year net of operating expenses to manage the mining division of the restructured company. USBTC expects to increase its total installed hashrate under management by approximately 12.2 EH/s upon full energization of the Celsius fleet of 121,800 machines. "We are deeply committed to building value for the creditors of Celsius," said Asher Genoot, President of USBTC. "Just as we did with Generate Capital and NextEra Energy in the Compute North bankruptcy, we will help another deserving partner emerge from bankruptcy stronger than ever. We’re incredibly excited to get to work and show the world what we can achieve together." The consummation of Celsius’ restructuring transaction is subject to approval of the Bankruptcy Court. Story continues About US Bitcoin Corp (USBTC) USBTC is a leading industrial-scale operator of bitcoin mining sites, specializing in the design, construction, and management of sites with access to low-cost and sustainable sources of energy. The company operates four sites across the United States with total capacity of more than 730 MW of electricity and generates revenue through self-mining, hosting, managed infrastructure operations, and equipment sales. USBTC announced an all-stock merger of equals with Hut 8 Mining Corp. on February 7, 2023, which is subject to customary closing conditions. The combined company will be named Hut 8 Corp. and will be a U.S.-domiciled entity. Disclaimer This press release incorporates "future-oriented information" and "forward-looking statements" as per United States securities laws. All data, apart from statements of historical facts, included in this press release that address actions, events, or developments that USBTC anticipates or expects will or might take place in the future, including aspects such as future business strategy, competitive strengths, objectives, expansion and growth of USBTC\'s businesses, operations, plans, and other similar matters, constitute future-oriented information. Forward-looking information is often indicated by terms such as "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "allow", "believe", "estimate", "expect", "predict", "can", "might", "potential", "predict", "is designed to", "likely", or similar expressions. Furthermore, any statements in this press release referring to expectations, projections, or other descriptions of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts; instead, they signify management\'s expectations, estimates, and projections about future events based on certain significant factors and assumptions at the time the statement was made. While US Data Mining Group Inc. dba US Bitcoin Corp ("USBTC") deems these statements reasonable as of the press release\'s date, such statements are subject to recognized and unknown risks, uncertainties, assumptions, and other factors that may result in the actual results, activity level, performance, or achievements being materially different from those conveyed or implied by such future-oriented information. The forward-looking statements included in this press release are provided as of the press release\'s date, and USBTC expressly disclaims any duty to update or modify statements containing any future-oriented information, or the factors or assumptions underlying them, whether due to new data, future events, or otherwise, except as mandated by law. Except where otherwise specified herein, the information provided herein is based on matters as they exist as of the date of preparation and not as of any future date and will not be updated or otherwise revised to reflect information that subsequently becomes available, or circumstances existing or changes occurring after the date of preparation. View source version on businesswire.com: https://www.businesswire.com/news/home/20230525005908/en/ Contacts For more information, visit www.usbitcoin.com or contact [email protected]', 'Company to add more than 120,000 miners to its managed fleet, increase total hashrate under management by approximately 12.2 EH/s MIAMI, May 26, 2023 --( BUSINESS WIRE )--US Data Mining Group Inc. dba US Bitcoin Corp ("USBTC"), which announced an all-stock merger of equals with Hut 8 Mining Corp. (NASDAQ: HUT) on February 7, 2023, today announced that it has been selected after multiple rounds of bidding in a competitive auction process to manage the restructured mining division of Celsius Network LLC ("Celsius"), which filed for Chapter 11 bankruptcy protection in July 2022. USBTC submitted the winning bid as part of the Fahrenheit, LLC ("Fahrenheit") coalition. The Fahrenheit coalition includes crypto industry pioneers USBTC, Arrington Capital, Proof Group Capital Management, Steven Kokinos, and Ravi Kaza. Upon restructuring, Fahrenheit will serve as the management company of the broader Celsius entity. Fahrenheit will receive a management fee of $20 million per year as part of a five-year agreement with Celsius. "Our specialized expertise and track record of execution ultimately secured Fahrenheit’s successful bid to restructure Celsius," said Michael Ho, CEO of USBTC. "Each member of the coalition brings extensive experience operating, optimizing, and scaling high-potential assets across web3 markets." Under the proposed restructuring, USBTC will enter into one or more operating and services agreements with the restructured company to become the exclusive operator of all mining assets formerly owned by Celsius. In addition to a portion of the management fee, USBTC will also receive from Fahrenheit a fee of $15 million per year net of operating expenses to manage the mining division of the restructured company. USBTC expects to increase its total installed hashrate under management by approximately 12.2 EH/s upon full energization of the Celsius fleet of 121,800 machines. "We are deeply committed to building value for the creditors of Celsius," said Asher Genoot, President of USBTC. "Just as we did with Generate Capital and NextEra Energy in the Compute North bankruptcy, we will help another deserving partner emerge from bankruptcy stronger than ever. We’re incredibly excited to get to work and show the world what we can achieve together." The consummation of Celsius’ restructuring transaction is subject to approval of the Bankruptcy Court. Story continues About US Bitcoin Corp (USBTC) USBTC is a leading industrial-scale operator of bitcoin mining sites, specializing in the design, construction, and management of sites with access to low-cost and sustainable sources of energy. The company operates four sites across the United States with total capacity of more than 730 MW of electricity and generates revenue through self-mining, hosting, managed infrastructure operations, and equipment sales. USBTC announced an all-stock merger of equals with Hut 8 Mining Corp. on February 7, 2023, which is subject to customary closing conditions. The combined company will be named Hut 8 Corp. and will be a U.S.-domiciled entity. Disclaimer This press release incorporates "future-oriented information" and "forward-looking statements" as per United States securities laws. All data, apart from statements of historical facts, included in this press release that address actions, events, or developments that USBTC anticipates or expects will or might take place in the future, including aspects such as future business strategy, competitive strengths, objectives, expansion and growth of USBTC\'s businesses, operations, plans, and other similar matters, constitute future-oriented information. Forward-looking information is often indicated by terms such as "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "allow", "believe", "estimate", "expect", "predict", "can", "might", "potential", "predict", "is designed to", "likely", or similar expressions. Furthermore, any statements in this press release referring to expectations, projections, or other descriptions of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts; instead, they signify management\'s expectations, estimates, and projections about future events based on certain significant factors and assumption Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-26 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $513,120,316,306 - Hash Rate: 376858753.076624 - Transaction Count: 532373.0 - Unique Addresses: 738629.0 Social & AI Sentiment: - Fear & Greed Index: 0.49 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Diversifying Company's Treasury with Decentralized Holdings via Bitcoin Toronto, Ontario--(Newsfile Corp. - March 31, 2023) - Cypherpunk Holdings Inc. (CSE: HODL) (OTC Pink: CYFRF) (" Cypherpunk " or, the "Company "), a sector leader for blockchain, privacy and cryptography focused investments, would like to announce update on the Company's strategy of treasury management. Board Resolution The Board of Cypherpunk Holdings has approved to diversify the company's treasury via decentralized cryptocurrency holdings. As part of its portfolio management strategy, the board has approved to allocate up to 40% of its current Net Assets to Bitcoin. To date the company acquired 69 Bitcoins for a total consideration of CAD $2.58m (USD $1.91m) The average price of Bitcoin was CAD $ 37,416 (USD $27,653). Jon Matonis, Chief Economist of Cypherpunk Holdings commented: "Bitcoin is in a secular bull market as it heads toward its 5th epoch with the halving estimated to occur sometime in early April 2024. However, this cycle also has some surprising tailwinds with Bitcoin beginning to decouple from its recent S&P correlation and establish an independent and powerful safe haven bid." Other Holdings: The Company maintains its other equity investments in Animoca Brands, Chia Networks Inc, ZkSnacks Ltd (dba Wasabi Wallet), NGRAVE, and Samourai Wallet. The company also owns approximately 2500 TH of mining hardware which continues to be operated under contract by MineOn LLC (dba MiningStore). About Cypherpunk Holdings Inc. Cypherpunk was established to invest in currencies, companies, technologies and protocols, which enhance or protect privacy. Its strategy is to make targeted investments in businesses and assets with strong privacy attributes, often within the blockchain ecosystem, including select cryptocurrencies. Current equity investments include Samourai Wallet, Wasabi Wallet, Chia, NGRAVE and GOAT. Cautionary Note Regarding Forward-Looking Information This news release contains "forward-looking information" within the meaning of applicable securities laws. Generally, any statements that are not historical facts may contain forward-looking information, and forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or indicates that certain actions, events or results "may", "could", "would", "might" or "will be" taken, "occur" or "be achieved". Forward-looking information includes, but is not limited to the Company's expectation or belief regarding its investment in shares of Animoca Brand and Animoca Brand's future performance or business. There is no assurance that the Company's plans or objectives will be implemented as set out herein, or at all. Forward-looking information is based on certain factors and assumptions the Company believes to be reasonable at the time such statements are made and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by law. Investors are cautioned against attributing undue certainty to forward-looking statements. Story continues Officer/Director Contact: Investor Relations Contact: Tony Guoga Chief Executive Officer [email protected] Office: 1-647-946-1300 Veronika Oswald Investor Relations [email protected] Office: 1-647-946-1300 To view the source version of this press release, please visit https://www.newsfilecorp.com/release/160812... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Toronto, Ontario--(Newsfile Corp. - May 26, 2023) - Bluesky Digital Assets Corp., (CSE: BTC) (OTCQB: BTCWF) ("Bluesky" or the "Corporation") announced today that it had completed several debt settlements and that the Corporation settled an aggregate of $735,343 CAD of secured debt owed to four creditors via the issuance of an aggregate 15,810,432 Common Shares. $652,575 CAD was settled via the issuance of 13,051,500 Common Shares at a price of $0.05 CAD per Common Share. $82,768 CAD was settled via the issuance of 2,758,932 Common Shares at a price of $0.03 CAD per Common Share. The Corporation settled the pricing for the $82,768 on April 4, 2023. The Debt Settlement will assist the Corporation in preserving its cash for working capital and to further advance its AI endeavors. About Bluesky Digital Assets Corp. Bluesky Digital Assets Corp, is building a high value digital enterprise. Bluesky in its startup phase, mined digital currencies such as Bitcoin and Ether and developed value-added technology services for the digital currency market, such as proprietary technology solutions. Offering a complete ecosystem of value-creation, Bluesky has invested appropriate portions of its previous digital currency mining profits back into its operations. A percentage of the profit l was invested in the development of a proprietary Artificial Intelligence ("AI") based Blockchain technology. Overall, Bluesky takes an approach that enables the Corporation to scale, and respond to changing conditions, within the still-emerging Blockchain industry. The Corporation is poised to capture value in successive phases as this industry continues to change, evolve, and scale. For more information please visit Bluesky at: www.blueskydigitalassets.com or www.blueskyintel.com . Please also follow us on Linkedin at: www.linkedin.com/company/bluesky-digital-assets/ . For further information please contact: Mr. Ben Gelfand CEO & Director Bluesky Digital Assets Corp. T: (416) 363-3833 E: [email protected] Story continues Mr. Frank Kordy Secretary & Director Bluesky Digital Assets Corp. T: (647) 466-4037 E: [email protected] Forward-Looking Statements Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward- looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider as that term is defined in the policies of the CSE accepts responsibility for the adequacy or accuracy of this release. We seek safe harbor. - 30 - To view the source version of this press release, please visit https://www.newsfilecorp.com/release/167788', 'Toronto, Ontario--(Newsfile Corp. - May 26, 2023) - Bluesky Digital Assets Corp., (CSE: BTC) (OTCQB: BTCWF) ("Bluesky" or the "Corporation") announced today that it had completed several debt settlements and that the Corporation settled an aggregate of $735,343 CAD of secured debt owed to four creditors via the issuance of an aggregate 15,810,432 Common Shares. $652,575 CAD was settled via the issuance of 13,051,500 Common Shares at a price of $0.05 CAD per Common Share. $82,768 CAD was settled via the issuance of 2,758,932 Common Shares at a price of $0.03 CAD per Common Share. The Corporation settled the pricing for the $82,768 on April 4, 2023. The Debt Settlement will assist the Corporation in preserving its cash for working capital and to further advance its AI endeavors.\nAbout Bluesky Digital Assets Corp.\nBluesky Digital Assets Corp, is building a high value digital enterprise. Bluesky in its startup phase, mined digital currencies such as Bitcoin and Ether and developed value-added technology services for the digital currency market, such as proprietary technology solutions. Offering a complete ecosystem of value-creation, Bluesky has invested appropriate portions of its previous digital currency mining profits back into its operations. A percentage of the profit l was invested in the development of a proprietary Artificial Intelligence ("AI") based Blockchain technology. Overall, Bluesky takes an approach that enables the Corporation to scale, and respond to changing conditions, within the still-emerging Blockchain industry. The Corporation is poised to capture value in successive phases as this industry continues to change, evolve, and scale.\nFor more information please visit Bluesky at:www.blueskydigitalassets.comorwww.blueskyintel.com.\nPlease also follow us on Linkedin at:www.linkedin.com/company/bluesky-digital-assets/.\nFor further information please contact:\nMr. Ben GelfandCEO & DirectorBluesky Digital Assets Corp.T: (416) 363-3833E:[email protected]\nMr. Frank KordySecretary & DirectorBluesky Digital Assets Corp.T: (647) 466-4037E:[email protected]\nForward-Looking Statements\nInformation set forth in this news release may involve forward-looking statements under applicable securities laws. The forward- looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider as that term is defined in the policies of the CSE accepts responsibility for the adequacy or accuracy of this release. We seek safe harbor.\n- 30 -\nTo view the source version of this press release, please visithttps://www.newsfilecorp.com/release/167788', "Participants Clark S. Soucy; IR Director; Canaan Inc. James Jin Cheng; CFO; Canaan Inc. Nangeng Zhang; Chairman & CEO; Canaan Inc. Jiaer Zhu; Research Analyst; China Renaissance Securities (US) Inc., Research Division Jiaji Song Kevin Darryl Dede; MD of Equity Research & Senior Technology Analyst; H.C. Wainwright & Co, LLC, Research Division Michael Frederick Legg; Senior Equity Analyst; The Benchmark Company, LLC, Research Division Presentation Operator Ladies and gentlemen, thank you for standing by, and welcome to Canaan's Inc. First Quarter 2023 Earnings Conference Call. At this time, all participants are in listen-only mode. After the management's prepared remarks, we will have a question-and-answer session. Please note that this event is being recorded. Now I would like to hand the conference over to your speaker host today, Mr. Clark Soucy, Investor Relations Director of the company. Please go ahead, Clark. Clark S. Soucy Thank you. Hello, everyone, and welcome to our earnings conference call. The company's financial and operating results were released by Newswire services earlier today and are currently available online. Joining us today are our Chairman and CEO, Mr. Nangeng Zhang; and our CFO, Mr. Jin Cheng James. In addition, Mr. Leo Wang, IR Senior Director; and Ms. Xi Zhang, IR Manager, will also be available during the question-and-answer session. Mr. Zhang will start the call by providing an overview of the company and performance highlights for the quarter. Mr. Cheng will then provide details on the company's operating and financial results for the period before we open the call up for your questions. Before we continue, I would like to refer you to our safe harbor statement in our earnings press release. Today's call will include forward-looking statements. These statements include, but are not limited to, our outlook for the company and statements that estimate or project future results of operations or the performance of the company. These statements speak only as of the date hereof, and the company assumes no obligation to revise any forward-looking statements that may be made in today's press release, call or webcast, except as required by law. These statements do not guarantee future performance and are subject to risks, uncertainties and assumptions. Please refer to the press release and the risk factors and documents we file with the Securities and Exchange Commission, including our most recent annual report on Form 20-F for information on risks, uncertainties and assumptions that may cause actual results to differ materially from those set forth in such statements. In addition, during today's call and webcast, we will discuss both GAAP financial measures and certain non-GAAP financial measures, which we believe are useful as supplemental measures of the company's performance. These non-GAAP measures should be considered in addition to and not as a substitute for or in isolation from GAAP results. You can find additional disclosures regarding these non-GAAP measures, including reconciliations with comparable GAAP results in 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: 2023-05-27 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $518,626,457,212 - Hash Rate: 357153720.2360163 - Transaction Count: 471633.0 - Unique Addresses: 672783.0 Social & AI Sentiment: - Fear & Greed Index: 0.48 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The price of Bitcoin and gold surged in March after Silicon Valley Bank led a string of bank failures and liquidity crises. Few analysts were surprised by these price movements as both are used to circumvent banks and other centralized financial institutions. The question is, which one is a better choice in the current economic climate? Ray Dalio, the founder of the world's largest hedge fund, Bridgewater Associates, has weighed in on the great Bitcoin vs. gold or digital gold vs. real gold debate. Few were surprised to hear his opinion as he is well known for his bullish stance on gold. In an interview with Maria Bartiromo at Fox Business, Dalio expressed that he much prefers gold over Bitcoin, even though he said that he holds a small amount of Bitcoin. Dalio has soured further on Bitcoin since the interview, saying that Bitcoin “has no relation to anything” and that it receives disproportionate attention. Dalio believes that Bitcoin's status as a form of digital gold is still unproven, citing concerns that it’s too volatile to be money or a store of value. He acknowledges the potential of blockchain tech; he just doesn’t think Bitcoin will be the one to win out. In contrast, gold is stable because it has been a reliable store of value and medium of exchange for thousands of years. Its stability, scarcity and inherent value make it a trusted asset for preserving wealth. Dalio has emphasized that he is not opposed to cryptocurrencies in general but remains skeptical of their ability to replace gold. He has previously stated that he owns "some Bitcoin," but his personal investments in the digital asset have been limited compared to his holdings in gold. One of the main arguments against Bitcoin as a store of value is its volatility. Although the digital asset has seen a meteoric rise in value over the past decade, it has also experienced significant price fluctuations. In contrast, gold's price has remained relatively stable, providing investors with a more secure option for preserving their wealth. Story continues Another concern Dalio has raised is the possibility of government intervention in the cryptocurrency market. In a recent podcast , he warned that “in history, they’ve outlawed gold and they’ve outlawed silver and so on, and they could outlaw Bitcoin.” He isn’t the only one who expects world governments to try to shut down a currency they have no control over before it supplants their own. As governments around the world start to pay closer attention to digital assets, there is a growing risk of regulatory crackdowns that could impact Bitcoin's value and adoption. Gold, on the other hand, is less likely to face such intervention because it’s a physical asset, it already plays a large role in the global economy and would be extremely difficult to ban. It can also provide unique exposure to things like volatility and fear in the markets, making it a popular tool for diversification and hedging. Investors are turning to gold and silver in droves to protect their portfolios as uncertainty rises in the economy. Check out Benzinga’s Precious Metals Hub to master the sector and discover the best precious metals trading platforms. Check Out More Precious Metals Articles From Benzinga: Is Silver the Next Gamestop? How Retail Traders Challenged Wall Street Giants Again 3 Things You’ll Want if Sht Hits the Fan Will Bank Runs and Failures Cause a Run on Gold and Silver? How Precious Metals Can Protect Your Wealth 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 . This article Bitcoin vs. Gold: Here's What the Founder of the World's Largest Hedge Fund Would Choose originally appeared on Benzinga.com . © 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): [['u/Makeshiftsthename', 'Good Afternoone Regards', 10, '2023-05-27 00:07', 'https://www.reddit.com/r/wallstreetbets/comments/13spyd1/good_afternoone_regards/', "Good Afternoon Fellow Regards\n\nAs expected the news broke that the fed most likely is leaning towards another hike, Yellen stated the real debt deadline isn't the first, and option interest in terms of GEX and DEX are still bullish. What would we expect to see in the upcoming day? \n\nThe market began to rally on the narrative that rates would get paused. If you ever read or heard the speech that John Williams (Federal Reserve chairmen) gave in 2018 you would know that it was a bunch of bs thrown at retail in order for them to eat it up. I am obviously positioned bearishly and have been taking the blunt force of it all stupidly. But I still have faith and hope in that draw down.... there is no real reason for the rally, the only promising narrative is the AI narrative. It has some pros to it and even I use it for work. However, the narrative of how AI will transform the world is stupid if not malicious. They are preying on all of the innocent people believing that a glorified search engine will provide revolutionary work. All while ChatGPT couldn't even tell me what day it was, what it's opinion was, and how to make roaring kitty money from it all. \n\nMaybe, my bearish position is stupid and trust me.... has costed me tens of thousands, but I just don't see the bull market hype. Technicals have been shifting to the point of stupidly bullish but even then would I rather risk taking a long on a glorified search engine or just liquidate my positions and yield the 5% I can from a money market? \n\n\n\nBackground about me: I am one of the original Roaring Kitty viewers and helpers to form the thesis on (stock that cannot be mentioned). Don't believe me? Go rewatch the YouTube videos... I was a btc, eth, tsla, shop, (stock that cannot be mentioned), and many more names that ran up exponentially bull. I am now more of a losing regard since I've lost plenty of it because of a hypothesis I had with NFTs and also my recent big short, but I'm holding true to my thesis and trying to recover from a beating.", 'https://www.reddit.com/r/wallstreetbets/comments/13spyd1/good_afternoone_regards/', '13spyd1', [['u/alohaguy808', 14, '2023-05-27 00:37', 'https://www.reddit.com/r/wallstreetbets/comments/13spyd1/good_afternoone_regards/jlr7sg6/', 'Be patient. Soon this subreddit will be flooded by bulls posting massive losses and wanting advice for getting out of paying the IRS with money they no longer have. Happens every hype cycle.', '13spyd1']]], ['u/ARoyaleWithCheese', 'BitCone should organize a BRC-20 drop (Bitcoin Ordinals)', 16, '2023-05-27 00:36', 'https://www.reddit.com/r/ConeHeads/comments/13sqlvs/bitcone_should_organize_a_brc20_drop_bitcoin/', "Not much to say here, to be honest. Ordinals are all the hot new rage. We're literally called BitCone. Seems like a natural fit. \n\nObviously a lot easier said than done but uhhh, I think we can do it (and by we I mean the people here who are much more competent than I am)\n\nExplanation of what inscriptions/ordinals actually are:* \n> To put it super simply: imagine Bitcoins are dollar bills, like dollar bills, one dollar bill is effectively identical to every other - I don't care which one I get.\n\n> But, the dollars do have some differences. Some dollars were printed earlier than others and all of the dollar bills have serial numbers that show when they were printed. Bitcoin works in a similar way.\n\n> Bitcoin ordinals, or inscriptions, are comparable to writing text directly onto a dollar bill. You've now made that specific dollar bill different from the others and that inscription (the text) will travel together with the dollar bill wherever it goes. Same principle with Bitcoin and inscriptions. Of course, inscriptions aren't limited to just text. You can inscribe up to 4MB into each ordinal and that 4MB can be anything: text, art, an entirely new token or the code to a videogame.", 'https://www.reddit.com/r/ConeHeads/comments/13sqlvs/bitcone_should_organize_a_brc20_drop_bitcoin/', '13sqlvs', [['u/deedopete', 13, '2023-05-27 01:01', 'https://www.reddit.com/r/ConeHeads/comments/13sqlvs/bitcone_should_organize_a_brc20_drop_bitcoin/jlrax42/', 'Heard that Ordinals slow down BTC so I have mixed feelings', '13sqlvs']]], ['u/Niket___', 'Your prediction for next bullrun?', 17, '2023-05-27 00:56', 'https://www.reddit.com/r/LunaClassic/comments/13sr3ol/your_prediction_for_next_bullrun/', "Whenever the next bull run happens after BTC halving of 2024, and the market touches new ATH. What's your prediction for LUNC? At this estimate I'm guessing 150B LUNC would be burned by the time the bull run begins. \n\nWill LUNC get pushed with other coins as well? Will we touch the previous ATH and cross 0.0006 USDT?", 'https://www.reddit.com/r/LunaClassic/comments/13sr3ol/your_prediction_for_next_bullrun/', '13sr3ol', [['u/LeReilly', 13, '2023-05-27 01:00', 'https://www.reddit.com/r/LunaClassic/comments/13sr3ol/your_prediction_for_next_bullrun/jlraqq0/', "Burn doesn't matter, the bullrun doesn't matter, without utility there's no chain/prediction.\n\nYou should focus on upcoming projects and proposals (inside) instead of the macro situation (outsite)", '13sr3ol']]], ['u/marsangelo', 'Irony: We went from tracking Binance’s BUSD wallet to the US Government’s wallet', 72, '2023-05-27 01:01', 'https://www.reddit.com/r/CryptoCurrency/comments/13sr81d/irony_we_went_from_tracking_binances_busd_wallet/', 'Maybe alot of you arent familiar with this, but there was a theory that [Binance was propping up liquidity](https://www.coindesk.com/markets/2023/03/13/binance-will-convert-1b-worth-of-busd-stablecoin-to-bitcoin-ether-bnb-and-other-tokens/?outputType=amp) in the crypto market when volume was waning on almost all metrics. Crypto twitter and on-chain sleuths were tracking movements of the wallet to time their trades and market amidst the “debanking” of crypto when liquidity dried up. \n\nPeople were saying things like “its all a façade time is almost up”. “Binance account getting drained then we nuke”. “Theres nothing organic about this movement its all a sham”.\n\nPivot to whats known as the US Treasury General Account, TGA for short. This is basically the bank account the US Gov uses to pay national debt and pay treasury yields. The Treasury has been propping up this liquidity scam since interest rates started climbing. This account sat at around $1 trillion in 2022 and has been going down ever since yields started inverting. Yesterday it hit $50 billion, but today hit just $38 billion. When Yellen and crew say “early June we will default” they really mean it.\n\nInsert Pam from The Office theyre the same picture meme\n\nIm not exonerating CZ for playing with the market, but the parallels here are pretty spot on. Things that arent ponzis can be ponzi-like, so its best to be objective when assessing how different financial systems operate.', 'https://www.reddit.com/r/CryptoCurrency/comments/13sr81d/irony_we_went_from_tracking_binances_busd_wallet/', '13sr81d', [['u/Winter_Otter_', 14, '2023-05-27 01:06', 'https://www.reddit.com/r/CryptoCurrency/comments/13sr81d/irony_we_went_from_tracking_binances_busd_wallet/jlrbldr/', 'The more I hear about CZ, the more I find him shady. And he always manage to get away with drama. Not sure if he is legit, or an evil genius.', '13sr81d'], ['u/astockstonk', 11, '2023-05-27 01:10', 'https://www.reddit.com/r/CryptoCurrency/comments/13sr81d/irony_we_went_from_tracking_binances_busd_wallet/jlrc08u/', 'The US: we will just mint a few trillion dollar platinum coins and all will be well', '13sr81d'], ['u/deftaj', 10, '2023-05-27 01:15', 'https://www.reddit.com/r/CryptoCurrency/comments/13sr81d/irony_we_went_from_tracking_binances_busd_wallet/jlrcnqx/', 'Realistically CZ is responsible for the collapse of FTX and a couple others, mainly by dumping his holdings of their tokens. So he’s definitely playing the CEX game of thrones (and winning)', '13sr81d'], ['u/Savik519', 26, '2023-05-27 01:27', 'https://www.reddit.com/r/CryptoCurrency/comments/13sr81d/irony_we_went_from_tracking_binances_busd_wallet/jlre6pc/', 'US Dollar. The ultimate shitcoin.', '13sr81d'], ['u/pipedreamt7', 17, '2023-05-27 01:43', 'https://www.reddit.com/r/CryptoCurrency/comments/13sr81d/irony_we_went_from_tracking_binances_busd_wallet/jlrg8jw/', "If FTX hadn't built their castle on sand then CZ wouldn't have been able to wash them away.", '13sr81d'], ['u/Arcosim', 11, '2023-05-27 06:49', 'https://www.reddit.com/r/CryptoCurrency/comments/13sr81d/irony_we_went_from_tracking_binances_busd_wallet/jlse3st/', 'If the US Dollar were a crypto coin it would 100% be classified as a shitcoin: ultra centralized, a single entity can mint it endlessly and the supply doubled in a matter of three years, inflationary, can be falsified.', '13sr81d']]], ['u/krisrosl', 'I got a cheater banned, and then we spoke for 30 minutes.', 826, '2023-05-27 01:38', 'https://www.reddit.com/r/halo/comments/13ss377/i_got_a_cheater_banned_and_then_we_spoke_for_30/', 'Turns out he actually f’ed up pretty bad.\n\nSo I was playing halo infinite for an hour yesterday and played a cheater for 2 out of 4 games. I checked theatre mode, and it was the really obvious kind where he would instantly lock onto every player that entered his fov and perfect them.\n\nI clipped it, reported him and sent him a message to tell him what an loser he is. He responded with the classic «git good» and «oh, so salty», and we went back and forth for a bit. Then suddenly, about 10 minutes later, he sent me a message that he got banned and invited me to a party.\n\nI joined, and the chat was actually quite civilized. He tried to deny the cheating, but gave up quite fast. He then went on to explain that he’d only done it for a couple of games, just to try it out, even though he had 75% win ra... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 jumped over 60% year-to-date, paring losses from a brutal 2022.\n• Insider spoke to four crypto experts on what\'s next for bitcoin in 2023.\n• One blockchain exec said bitcoin can\'t hit a record high until US inflation is under control.\nAfter a tumultuous 2022, bitcoin has increased more than 60% year-to-date and the cryptocurrency market\'s total value sits well above the $1 trillion mark.\nThe industry has seemingly gotten back on its feet since the downfall of Sam Bankman-Fried\'s FTX in November, along with a slew of other industry bankruptcies including centralized lender Celsius, brokerage Voyager Digital, and hedge fund Three Arrows Capital earlier in the year.\nWhile it can be hard to predict bitcoin\'s moves, experts told Insider there are a few things to watch for this year to get a sense of where the world\'s largest cryptocurrency is headed.\nFirst, bitcoin can\'t claim another all-time until the macroeconomic environment clears up, Charmyn Ho, head of crypto insights at digital asset exchange Bybit, told Insider. The crypto traded at a record of $67,566 in November of 2021, perMessari.\n"However, a possible headwind is the potential recession forecast to hit the US, Europe, and other major economies due to a stubbornly inverted yield curve," Ho told Insider. "Couple this with a bunch of other unsavory macro factors — such as inflation — many investors would rather remain on the sidelines."\n"This is contributing to the mostly sideways price action we\'ve been experiencing," Ho added.\nA key technical event for Bitcoin\'s network, the halving, could push the token\'s price up significantly though. Although the halving is estimated to occur in April of 2024, Ho says bitcoin may go on a tear leading up to the event.\n"Bitcoin halvings are significant because they slash the production of new bitcoins on the network by half," Ho said. "This curtails the supply of freshly minted coins, thus leading to a price increase if the demand persists."\n"Litecoin, which is due for its halving this year, is up around 90% since its lows in Q3, 2022," Ho said. "Therefore, if we take that as a guide, it is possible that we could see a similar 90% move from Bitcoin\'s Q3, 2023 price, which would give a rough target of about $60,000."\nJagdeep Sidhu, president of Syscoin Foundation, expressed similar optimism around the halving.\n"While we\'ve weathered some storms recently, the resilience of the crypto ecosystem remains evident. From the ashes of FTX, the market has rebounded, demonstrating its inherent capacity to absorb shocks and evolve," Sidhu told Insider.\n"As we approach the next Bitcoin halving and crypto dominance looks set to peak, we\'re on the cusp of exciting developments in the crypto world."\nIf inflation cools in the US and there\'s regulatory clarity around digital assets, another crypto exec told Insider that bitcoin could hit $38,000 by year-end, a 41% increase from its current trading level.\n"My base case is bitcoin will trade in a range to a range between $25,000 and $32,000 for the remainder of 2023," Tim Shan, COO at decentralized crypto exchange Dexalot, said. "But if we see inflation remain high, I think bitcoin could trade back down to lows of the year."\n"The short to medium term driver is still inflation, and specifically US inflation. I think core inflation has been pretty sticky but will continue to decline in the US, leading the Fed to pause for the rest of the year," Shan added.\nDavid Uhryniak, who works on ecosystem development at blockchain infrastructure provider TRON, is confident that bitcoin will finish the year "significantly higher" and could close out 2023 at over $35,000.\n"Right now, smart traders are waiting for greater validation as to which way bitcoin and the rest of the market will move next before committing serious money," Uhryniak told Insider. "By Q4, much of the uncertainty that\'s clouded the market all year should have abated. Things like concerns over the Mt. Gox coins being liquidated or the US government selling its stockpile of BTC confiscated from black markets."\nRead the original article onBusiness Insider', '• Bitcoin has jumped over 60% year-to-date, paring losses from a brutal 2022.\n• Insider spoke to four crypto experts on what\'s next for bitcoin in 2023.\n• One blockchain exec said bitcoin can\'t hit a record high until US inflation is under control.\nAfter a tumultuous 2022, bitcoin has increased more than 60% year-to-date and the cryptocurrency market\'s total value sits well above the $1 trillion mark.\nThe industry has seemingly gotten back on its feet since the downfall of Sam Bankman-Fried\'s FTX in November, along with a slew of other industry bankruptcies including centralized lender Celsius, brokerage Voyager Digital, and hedge fund Three Arrows Capital earlier in the year.\nWhile it can be hard to predict bitcoin\'s moves, experts told Insider there are a few things to watch for this year to get a sense of where the world\'s largest cryptocurrency is headed.\nFirst, bitcoin can\'t claim another all-time until the macroeconomic environment clears up, Charmyn Ho, head of crypto insights at digital asset exchange Bybit, told Insider. The crypto traded at a record of $67,566 in November of 2021, perMessari.\n"However, a possible headwind is the potential recession forecast to hit the US, Europe, and other major economies due to a stubbornly inverted yield curve," Ho told Insider. "Couple this with a bunch of other unsavory macro factors — such as inflation — many investors would rather remain on the sidelines."\n"This is contributing to the mostly sideways price action we\'ve been experiencing," Ho added.\nA key technical event for Bitcoin\'s network, the halving, could push the token\'s price up significantly though. Although the halving is estimated to occur in April of 2024, Ho says bitcoin may go on a tear leading up to the event.\n"Bitcoin halvings are significant because they slash the production of new bitcoins on the network by half," Ho said. "This curtails the supply of freshly minted coins, thus leading to a price increase if the demand persists."\n"Litecoin, which is due for its halving this year, is up around 90% since its lows in Q3, 2022," Ho said. "Therefore, if we take that as a guide, it is possible that we could see a similar 90% move from Bitcoin\'s Q3, 2023 price, which would give a rough target of about $60,000."\nJagdeep Sidhu, president of Syscoin Foundation, expressed similar optimism around the halving.\n"While we\'ve weathered some storms recently, the resilience of the crypto ecosystem remains evident. From the ashes of FTX, the market has rebounded, demonstrating its inherent capacity to absorb shocks and evolve," Sidhu told Insider.\n"As we approach the next Bitcoin halving and crypto dominance looks set to peak, we\'re on the cusp of exciting developments in the crypto world."\nIf inflation cools in the US and there\'s regulatory clarity around digital assets, another crypto exec told Insider that bitcoin could hit $38,000 by year-end, a 41% increase from its current trading level.\n"My base case is bitcoin will trade in a range to a range between $25,000 and $32,000 for the remainder of 2023," Tim Shan, COO at decentralized crypto exchange Dexalot, said. "But if we see inflation remain high, I think bitcoin could trade back down to lows of the year."\n"The short to medium term driver is still inflation, and specifically US inflation. I think core inflation has been pretty sticky but will continue to decline in the US, leading the Fed to pause for the rest of the year," Shan added.\nDavid Uhryniak, who works on ecosystem development at blockchain infrastructure provider TRON, is confident that bitcoin will finish the year "significantly higher" and could close out 2023 at over $35,000.\n"Right now, smart traders are waiting for greater validation as to which way bitcoin and the rest of the market will move next before committing serious money," Uhryniak told Insider. "By Q4, much of the uncertainty that\'s clouded the market all year should have abated. Things like concerns over the Mt. Gox coins being liquidated or the US government selling its stockpile of BTC confiscated from black markets."\nRead the original article onBusiness Insider', 'One exec told Insider that bitcoin can\'t hit a record high until US inflation is under control. Yuichiro Chino/Getty Images Bitcoin has jumped over 60% year-to-date, paring losses from a brutal 2022. Insider spoke to four crypto experts on what\'s next for bitcoin in 2023. One blockchain exec said bitcoin can\'t hit a record high until US inflation is under control. After a tumultuous 2022, bitcoin has increased more than 60% year-to-date and the cryptocurrency market\'s total value sits well above the $1 trillion mark. The industry has seemingly gotten back on its feet since the downfall of Sam Bankman-Fried\'s FTX in November, along with a slew of other industry bankruptcies including centralized lender Celsius, brokerage Voyager Digital, and hedge fund Three Arrows Capital earlier in the year. While it can be hard to predict bitcoin\'s moves, experts told Insider there are a few things to watch for this year to get a sense of where the world\'s largest cryptocurrency is headed. First, bitcoin can\'t claim another all-time until the macroeconomic environment clears up, Charmyn Ho, head of crypto insights at digital asset exchange Bybit, told Insider. The crypto traded at a record of $67,566 in November of 2021, per Messari. "However, a possible headwind is the potential recession forecast to hit the US, Europe, and other major economies due to a stubbornly inverted yield curve," Ho told Insider. "Couple this with a bunch of other unsavory macro factors — such as inflation — many investors would rather remain on the sidelines." "This is contributing to the mostly sideways price action we\'ve been experiencing," Ho added. A key technical event for Bitco Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-28 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $526,943,966,162 - Hash Rate: 394100656.8121559 - Transaction Count: 496158.0 - Unique Addresses: 647993.0 Social & AI Sentiment: - Fear & Greed Index: 0.50 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin prices slid on Friday morning in Asia to below US$27,000 amid concerns about shrinking liquidity and congestion on the network that are driving up transaction costs. Ether fell below support at US$1,800 as all top 10 non-stablecoin cryptocurrencies retreated. Polygon’s Matic led the losers. U.S. equity futures edged up as economic data on Thursday indicated inflation is slowing, raising optimism the Federal Reserve may halt its interest rate hikes in June. See related article:Bitcoin network buckles under weight of BRC-20’s runaway success Bitcoin slid 2.13% to US$26,974 in the 24 hours to 08:30 a.m. in Hong Kong, according toCoinMarketCap data, losing 6.63% for the week. The world’s largest cryptocurrency fell to US$26,781 at one stage on Thursday, the lowest price since March 28. Congestion on the Bitcoin blockchain is fueling the slide, with a backlog of waiting transactions reaching almost 300,000 on Friday morning, over six times higher than the number on May 9. That was when theBRC-20 token standardwas introduced to allow the minting of fungible tokens on the Bitcoin network and generated a surge in activity, according to data from blockchain researcherJochen Hoenicke. The jump in transaction volumes has raised concerns among Bitcoin developers. Luke Dashjr, a Bitcoin code contributor,emailedthe Bitcoin developer community on Monday to suggest blocking the transactions of BRC-20 tokens, which “threaten the smooth and normal use of the Bitcoin network as a peer-to-peer digital currency.” Bitcoin’s drop also comes amid rising concerns about liquidity. Jane Street Group and Jump Crypto, two of the world’s leading market makers, are reportedly quitting digital asset trading in the U.S., according to aBloombergreport on Wednesday. Ether fell 2.34% to US$1,795, posting a weekly loss of 4.45%. The token dropped to US$1,774 on early Friday, the lowest price since April 3. The Beacon Chain of the Ethereum Network brieflystopped validating transactionson early Friday morning, with Ethereum developerstweetinglater that the outage had been resolved and the cause still under investigation. All other top 10 non-stablecoin cryptocurrencies traded lower. Polygon’s Matic token led the losers, dropping 3.75% to US$0.8406 and retreating 14.45% for the week. The token logged a low of US$0.8332 earlier today, the lowest price since January 8, 2023. The total crypto market capitalization fell 2.11% in the past 24 hours to US$1.12 trillion. The total trading volume dropped 17.87% to US$37.67 billion. The indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella. In the non-fungible token (NFT) market, the Forkast 500 NFT index dropped 1.42% to 3,394.50 in the 24 hours to 10:30 a.m. in Hong Kong, down 7.14% for the week. NFT sales on the Ethereum blockchain fell 47.62% in the past 24 hours to US$17.65 million, as the hype for Millady Maker NFT collection faded. Sales of Millady Maker dropped 86.53% to US$1.01 million, according to data fromCryptoSlam. NFT trading is slowing due to the recent memecoin hype, with very few new users entering the space, according to Eric Dettman, NFT advisor at CryptoSlam. NFT buyers on the Ethereum blockchain totaled 45,298 in the past seven days, a drop of 72.97%. Memecoins are also losing steam. The price of Ordi, the memecoin that accounts for more than 60% of the total market cap of BRC-20 tokens, has slid 31.43% in the past 24 hours, according to blockchain data trackerBRC-20.io. U.S. stock futures rose as of 11:00 a.m. in Hong Kong. The Dow Jones Industrial Average futures edged up 0.07%. The S&P 500 futures gained 0.14%. And the Nasdaq Composite futures added 0.25%. The three U.S. indexes closed mixed in regular trading on Thursday on investor concerns about banking risks. The U.S.producer price index(PPI) in April logged an annual increase of 2.3%, lower than predictions of 2.4% and the slowest pace since January 2021, according toReuterson Thursday. U.S.initial jobless claimsrose to 264,000 in the week ending May 6, beating expectations and reaching the highest level since October 2021, according to a ThursdayBloombergreport. Together with the PPI, the data points to a slowdown in the U.S. economy, which may prompt the Federal Reserve to leave interest rates unchanged in June. On U.S. banks, PacWest Bancorp shares fell more than 20% on Thursday, after the California-based lendersaidits deposits declined approximately 9.5% in the week ending May 5, sparking new concerns about the banking industry after a series of failures at lenders this year. President Joe Biden and top lawmakers postponed Friday talks on raising the U.S. debt ceiling to early next week, according toCNNon Thursday, with the negotiations making little progress so far. The Federal Reserve will decide on June 14 its next move on interest rates, which are now between 5 and 5.25%, the highest since 2006. TheCME FedWatch Toolpredicts a 87.1% chance the Fed will keep rates unchanged in June, and a 12.9% chance for another 25 basis-point rate hike, up from 3.9% on Thursday. (Updates with equity section.) See related article:Japan looks to regain its place in the cryptocurrency world pecking order... - 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:\nPrices:Crypto and Asian stock markets opened strongly as the White House announced a deal averting a debt ceiling crisis, with Bitcoin and Ether seeing increases of 5% and 4.9%, respectively.\nInsights:China didn\'t say much new about Web3 in a paper it released over the weekend, but the report represented progress in a country that has scaled back its approach to cryptocurrencies.\nCoinDesk Market Index (CMI)\n1,209\n+44.9▲3.9%\nBitcoin (BTC)\n$28,249\n+1404.6▲5.2%\nEthereum (ETH)\n$1,917\n+89.4▲4.9%\nS&P 500\n4,205.45\n+54.2▲1.3%\nGold\n$1,960\n+16.0▲0.8%\nNikkei 225\n30,916.31\n+115.2▲0.4%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,209", "+44.9\\u25b23.9%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$28,249", "+1404.6\\u25b25.2%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,917", "+89.4\\u25b24.9%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,205.45", "+54.2\\u25b21.3%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,960", "+16.0\\u25b20.8%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["30,916.31", "+115.2\\u25b20.4%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nCrypto is beginning the Asia trading day well into the green after theWhite House announcedthat a deal to avert a debt ceiling crisis has been reached.\nBitcoin is starting the Asia trading day up 5% to $28,249, while ether is up 4.9% to $1,917. Overall, the CoinDesk Market Index (CMI) is up 4% to 1,209.\nBitcoin is still down 2.8% during the past month, as the looming debt ceiling crisisweighed heavilyon the asset class.\n"Bitcoin found support around $25K and consolidated for about two weeks before rallying today," Joe DiPasquale, CEO of crypto fund manager BitBull Capital wrote in an email. "Whether this move continues till $30K remains to be seen, but we expect the market leader to test that key resistance once again in the near term."\nDiPasquale added: On the flip side, the range between $22K and $25K is acting as a reliable support for bulls."\nHouse Speaker Kevin McCarthy told reporters over the weekend that there\'s still work to be done on the bill, anticipating its completion by Sunday, and a vote by Wednesday.\nMeanwhile, President Biden said the deal is "an important step forward" in a statement, calling it a compromise.\nStock markets in Asia are also opening strong on the news. In Japan, the Nikkei 225 was up 2% in the first 30 minutes of trading, while Australia’s ASX 200 was up 1.18%.\n[{"Asset": "Bitcoin", "Ticker": "BTC", "Returns": "+5.5%", "DACS Sector": "Currency"}, {"Asset": "Cardano", "Ticker": "ADA", "Returns": "+4.9%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Ethereum", "Ticker": "ETH", "Returns": "+4.9%", "DACS Sector": "Smart Contract Platform"}]\nThere are no losers in CoinDesk 20 today.\nChina’s Web3 Isn’t Our Web3\nOver the weekend, authorities at the Beijing Municipal Science & Technology Commission, which oversees the Zhongguancun Chaoyang Park – a cluster of China’s top tech companies and academic institutions – released a whitepaper outliningsuggestions for China’s web3 policy.\nOn Crypto Twitter, this excited the usual crowd, egged on by a tweet from Binance CEO Changpeng Zhao, who said the timing was “interesting” considering Hong Kong’s soon-to-be-enabled crypto regulatory framework on June 1.\nBut the reality is this whitepaper is more of China’s existing policy of blockchain-not-crypto.\nWeb3, in China, means an internet enhanced by artificial intelligence, blockchain, faster computing chips and more resilient networks.\nThe whitepaper is more interested in defining – and enhancing – the layers of infrastructure behind the internet, which it identifies as the infrastructure layer, interactive terminal layer, platform tool layer and application layer, in a way that’s reminiscent of theOpen Systems Interconnection (OSI) model of network layers, which has been the bible of network topology since the 1980s.\nAnd by no means is this a bad thing. It might be time that our understanding of a network layer is updated to account for new technologies, and China is keen to write thenext generation of technology standardsto wrestle that away from a U.S.-led Western technology trade bloc.\nBut this doesn’t have anything to do with crypto.\nBulls of the China narrative say that mainland China is only a few steps behind Hong Kong in opening its doors to crypto trading, just like how it looked to the semi-autonomous territory for lessons in stock markets before opening its own. This might be the case now, but a lot has to be figured out before then, such as how to allow crypto trading to exist without running into conflict with mainland China’s rules on capital control.\nThat’s the subject for another day, though. Meanwhile, China isn’t embracing crypto – yet.\nU.S. Memorial Day holiday\n5 p.m. HKT/SGT(9 a.m. UTC):Italy non-E.U. trade balance (April)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nDigital Currency Group Shutters TradeBlock; State of Crypto Hacks in 2023\nDigital Currency Group (DCG), the parent company of CoinDesk, closed its trade execution and prime brokerage services unit, TradeBlock, citing crypto winter and regulatory uncertainties. Gerber Kawasaki director of Get Invested Brett Sifling shared his crypto markets analysis. Plus, Columbia Business School adjunct professor Austin Campbell discussed the state of stablecoin regulation in the U.S. And TRM Labs head of legal and government affairs Ari Redbord explained why crypto hacks are down significantly in the first three months of 2023.\nStriving for the Impossible: Reasonable Crypto Debate:Debates in crypto are increasingly polarized and politicized, as a recent CoinDesk story about a controversial mining plant in New York shows.\nBinance, Other Crypto Players Shun Multichain as Bridging Rumors Swirl:With facts hard to come by, a coterie of crypto players are taking action.\nStablecoin Issuer Lybra Finance Nears $100M in TVL:Lybra Finance was launched last month and uses liquid staking derivatives to offer a decentralized interesting-bearing stablecoin.\nGulf Binance Clinches Thai Regulatory Approval:The joint venture between Gulf Innova and Binance aims to begin offering crypto services in the country later this year.\nStablecoins Are the \'Glue\' Between the Real Economy and Blockchain: Binance Japan General Manager:Binance Japan may be still "a long way off" its business and activities being properly understood and in gaining regulatory acceptance, said the exchange\'s Takeshi Chino.\nUPDATE (May 29, 2023, 1:10 UTC):Adds Joe DiPasquale comment.', 'Good morning. Here’s what’s happening:\nPrices:Crypto and Asian stock markets opened strongly as the White House announced a deal averting a debt ceiling crisis, with Bitcoin and Ether seeing increases of 5% and 4.9%, respectively.\nInsights:China didn\'t say much new about Web3 in a paper it released over the weekend, but the report represented progress in a country that has scaled back its approach to cryptocurrencies.\nCoinDesk Market Index (CMI)\n1,209\n+44.9▲3.9%\nBitcoin (BTC)\n$28,249\n+1404.6▲5.2%\nEthereum (ETH)\n$1,917\n+89.4▲4.9%\nS&P 500\n4,205.45\n+54.2▲1.3%\nGold\n$1,960\n+16.0▲0.8%\nNikkei 225\n30,916.31\n+115.2▲0.4%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,209", "+44.9\\u25b23.9%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$28,249", "+1404.6\\u25b25.2%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,917", "+89.4\\u25b24.9%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,205.45", "+54.2\\u25b21.3%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,960", "+16.0\\u25b20.8%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["30,916.31", "+115.2\\u25b20.4%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nCrypto is beginning the Asia trading day well into the green after theWhite House announcedthat a deal to avert a debt ceiling crisis has been reached.\nBitcoin is starting the Asia trading day up 5% to $28,249, while ether is up 4.9% to $1,917. Overall, the CoinDesk Market Index (CMI) is up 4% to 1,209.\nBitcoin is still down 2.8% during the past month, as the looming debt ceiling crisisweighed heavilyon the asset class.\n"Bitcoin found support around $25K and consolidated for about two weeks before rallying today," Joe DiPasquale, CEO of crypto fund manager BitBull Capital wrote in an email. "Whether this move continues till $30K remains to be seen, but we expect the market leader to test that key resistance once again in the near term."\nDiPasquale added: On the flip side, the range between $22K and $25K is acting as a reliable support for bulls."\nHouse Speaker Kevin McCarthy told reporters over the weekend that there\'s still work to be done on the bill, anticipating its completion by Sunday, and a vote by Wednesday.\nMeanwhile, President Biden said the deal is "an important step forward" in a statement, calling it a compromise.\nStock markets in Asia are also opening strong on the news. In Japan, the Nikkei 225 was up 2% in the first 30 minutes of trading, while Australia’s ASX 200 was up 1.18%.\n[{"Asset": "Bitcoin", "Ticker": "BTC", "Returns": "+5.5%", "DACS Sector": "Currency"}, {"Asset": "Cardano", "Ticker": "ADA", "Returns": "+4.9%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Ethereum", "Ticker": "ETH", "Returns": "+4.9%", "DACS Sector": "Smart Contract Platform"}]\nThere are no losers in CoinDesk 20 today.\nChina’s Web3 Isn’t Our Web3\nOver the weekend, authorities at the Beijing Municipal Science & Technology Commission, which oversees the Zhongguancun Chaoyang Park – a cluster of China’s top tech companies and academic institutions – released a whitepaper outliningsuggestions for China’s web3 policy.\nOn Crypto Twitter, this excited the usual crowd, Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-29 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $536,174,995,950 - Hash Rate: 399026915.0223079 - Transaction Count: 550324.0 - Unique Addresses: 664954.0 Social & AI Sentiment: - Fear & Greed Index: 0.52 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin and Ether fell during afternoon trading hours in Asia on Thursday, along with all other top 10 non-stablecoin cryptocurrencies by market capitalization. Asian and U.S. equities fell as investors remained cautious ahead of the U.S. employment report scheduled for Friday. See related article:Bitcoin briefly loses its grip on US$28,000 • Etherfell 1.51% to US$1,882 but maintained a weekly gain of 4.58%. The cryptocurrency is trading near a nine-month high ahead ofEthereum’s Shanghai hard forkscheduled for next Wednesday. The upgrade will allow investors to withdraw their staked ETH for the first time. Nearly18 million ETHworth around US$33.5 billion has been staked in the network since the blockchain adopted the proof-of-stake consensus mechanism. • Bitcoin fell 2.08% to US$27,974 in the 24 hours to 4:30 p.m. in Hong Kong. The world’s first cryptocurrency fell 2.22% on the weekly chart after trading above the US$28,000 mark for most of the week. • Dogecoinfell 5.91% to US$0.09 to become the day’s biggest loser but still maintained a 22.18% seven-day gain in a week when Twitter changed its logo to a Shiba Inu dog, the memecoin’s mascot. TheXRP tokenfell 3.83% to US$0.49, as the day’s second-biggest loser. • The global cryptocurrency market capitalization decreased by 1.97% to US$1.18 trillion in the 24 hours to 4:30 p.m. in Hong Kong, with total crypto market trading volume down by 8.91% to US$40.82 billion. • The Forkast 500 NFTindex slid 0.70% to 4,002.64 points on the day and lost 0.04% on the week. The index is a proxy measure of the performance of the global NFT market and includes 500 eligible smart contracts on any given day. • Most Asian equities were down on Thursday, with Shanghai Composite sliding 0.010% and the Shenzhen Component Index inching down 0.044%. Japan’s Nikkei 225 fell 1.10%, while Hong Kong’s Hang Seng Index rose 0.012%. Hong Kong’s financial markets will be closed from Friday to next Monday for the Easter holidays. • Investors await the release of the U.S. Employment Situation report on Friday, which includes the monthly change in non-farm payrolls. Strong growth in non-farm payroll data may indicate heating inflation, which investors will analyze to gauge the Federal Reserve’s next monetary decision. The U.S. stock market will be closed on Good Friday. • European bourses picked up on Thursday, as the pan-European STOXX 600 rose 0.39% and Germany’s DAX 40 gained 0.44%. • Gold fell 0.15% to US$2,017 per ounce to stabilize near a one-year high, following a three-day winning streak. The precious metal rose around 2.5% this week to close up on its all-time high of US$2,075 set in August 2022. • Investors digested new economic data from the U.S., including ADP Research Institute’s National Employment Report and the Job Openings and Labor Turnover Survey, showing that tighter financial conditions are slowing down the economy as investors hope for the Fed to pause rate hikes next month. See related article:Ripple exec says innovation is leaving the US.... - 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:\nPrices:The post-debt ceiling rally in the crypto market has ended, with bitcoin and ether declining in East Asia. What\'s the next narrative for crypto?\nInsights:The latest Commitment of Traders reports shows a rebound in open long positions among asset managers.\nCoinDesk Market Index (CMI)\n1,197\n−11.5▼1.0%\nBitcoin (BTC)\n$27,746\n−354.3▼1.3%\nEthereum (ETH)\n$1,893\n−21.0▼1.1%\nS&P 500\n4,205.45\n+54.2▲1.3%\nGold\n$1,960\n+15.9▲0.8%\nNikkei 225\n31,233.54\n+317.2▲1.0%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,197", "\\u221211.5\\u25bc1.0%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$27,746", "\\u2212354.3\\u25bc1.3%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,893", "\\u221221.0\\u25bc1.1%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,205.45", "+54.2\\u25b21.3%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,960", "+15.9\\u25b20.8%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["31,233.54", "+317.2\\u25b21.0%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nLooking for the Next Pricing Narrative\nBy Sam Reynolds\nGood morning Asia,\nYesterday’s post-debt ceiling deal rally has come to an end.\nBitcoin is beginning East Asia’s trading day down 1.3% at $27,746 while ether is down 1.1% to $1,893.\nIn the last few weeks, crypto has struggled with anarrative problem. The absence of a defining narrative – is it a risk asset, or a hedge against risk? – has made for patternless price swings and confused investors.\nSome might say, for instance, that bitcoin should have risen on debt ceiling uncertainty, as a U.S. default would have jolted the traditional financial system. But instead, bitcoin acted like a stock. Perhapscrypto’s narrativeis no narrative at all.\nEd Moya, a Senior Market Analyst with foreign exchange market maker OANDA, posits that the upcoming U.S. election is the narrative to watch.\n“We were reminded that the key to Bitcoin’s success in the US might depend on the upcoming presidential election," Moya wrote in a note Friday. "Florida governor Ron Desantis announced his intentions to run for president and appears poised to ‘protect’ Bitcoin.”\nWith Central Bank Digital Currencies being a newwedge issuein Florida’s political landscape, the national stage is the next logical step. Crypto has come up in elections worldwide, such asSouth KoreaandThailand, and President Joe Bidenmentioned itwhen discussing debt deal negotiations.\nMaybe this will be the narrative to watch?\n[{"Asset": "XRP", "Ticker": "XRP", "Returns": "+2.3%", "DACS Sector": "Currency"}, {"Asset": "Stellar", "Ticker": "XLM", "Returns": "+0.6%", "DACS Sector": "Smart Contract Platform"}]\n[{"Asset": "Gala", "Ticker": "GALA", "Returns": "\\u22124.0%", "DACS Sector": "Entertainment"}, {"Asset": "Polygon", "Ticker": "MATIC", "Returns": "\\u22123.5%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Avalanche", "Ticker": "AVAX", "Returns": "\\u22123.1%", "DACS Sector": "Smart Contract Platform"}]\nFunding Rates Remain Positive in Crypto Markets\nBy Glenn Williams Jr.\nThe Commitment of Traders report shows that asset managers have increased their open long positions in bitcoin after falling in the two prior weeks. The 24-contract increase follows a reduction of 162 contracts the week prior.\nThe increase halts what appeared to be more of an overall reduction in exposure than a commentary on price itself. Asset managers reduced their short positions as well over the identical time period by a total of 194 contracts.\nThe Commodity Futures Trading Commission (CFTC) releases COT data weekly, detailing the open interest and activity of asset managers, leveraged funds, and dealer intermediaries in bitcoin futures.\nAsset Managers now comprise 48.9% of open long positions on the Chicago Mercantile Exchange, and are 97.25% long the asset as a group.\n5 p.m. HKT/SGT(9 a.m. UTC):European Commission business climate (May)\n5 p.m. HKT/SGT(9 a.m. UTC):European Commission consumer confidence (May)\n10 p.m. HKT/SGT(2 p.m. UTC):U.S. consumer confidence (May)\nIn case you missed it, here is the most recent episode of"The Hash"onCoinDesk TV:\nLawyer Behind FTX Lawsuit Addresses Shaq Getting Served; Ether Balance on Exchanges Nears All-Time Low\n"The Hash" hosts weighed in on the biggest stories shaping the crypto industry today. The number of ether (ETH) on exchanges hit a low not seen since July 2016 as staking saps up available ether. Separately, the potential sign that good-economic-news-equals-bad-news for digital asset prices narrative is beginning to shift. Plus, the lawyer representing some FTX investors, Adam Moskowitz, joined "The Hash" to discuss basketball legend Shaquille O\'Neal being served in a class action lawsuit regarding FTX and its celebrity endorsements.\nDogecoin Chart Pattern Suggests Volatility Explosion Ahead:A technical analysis indicator called Bollinger bandwidth suggests dogecoin\'s unusual calm could soon end with a pronounced move in either direction.\nGemini and Bankrupt Lender Genesis Ask U.S. Court to Dismiss SEC Lawsuit Targeting Earn Program:The U.S. Securities and Exchange Commission alleged the two entities had sold unregistered securities through Gemini\'s Earn program.\nBitcoin\'s Short-Term Holders Are Again Selling at Profit:Short-term holders\' renewed profitability is a positive signal for near-term price action, according to on observer.\nFantom Will Pay Back 15% of Token Fees to Some Projects:The move is part of an initiative to drive demand for block space, which help add to the value proposition of FTM tokens.\nShiba Inu-Themed Floki Sees Trading Volume Surge Amid China Plans:Floki prices rallied on Sunday amid a bitcoin-led market push and bets on the token\'s “China narrative.”', 'Good morning. Here’s what’s happening: Prices: The post-debt ceiling rally in the crypto market has ended, with bitcoin and ether declining in East Asia. What\'s the next narrative for crypto? Insights: The latest Commitment of Traders reports shows a rebound in open long positions among asset managers. Prices CoinDesk Market Index (CMI) 1,197 −11.5 ▼ 1.0% Bitcoin (BTC) $27,746 −354.3 ▼ 1.3% Ethereum (ETH) $1,893 −21.0 ▼ 1.1% S&P 500 4,205.45 +54.2 ▲ 1.3% Gold $1,960 +15.9 ▲ 0.8% Nikkei 225 31,233.54 +317.2 ▲ 1.0% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,197 −11.5 ▼ 1.0% Bitcoin (BTC) $27,746 −354.3 ▼ 1.3% Ethereum (ETH) $1,893 −21.0 ▼ 1.1% S&P 500 4,205.45 +54.2 ▲ 1.3% Gold $1,960 +15.9 ▲ 0.8% Nikkei 225 31,233.54 +317.2 ▲ 1.0% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Looking for the Next Pricing Narrative By Sam Reynolds Good morning Asia, Yesterday’s post-debt ceiling deal rally has come to an end. Bitcoin is beginning East Asia’s trading day down 1.3% at $27,746 while ether is down 1.1% to $1,893. In the last few weeks, crypto has struggled with a narrative problem . The absence of a defining narrative – is it a risk asset, or a hedge against risk? – has made for patternless price swings and confused investors. Some might say, for instance, that bitcoin should have risen on debt ceiling uncertainty, as a U.S. default would have jolted the traditional financial system. But instead, bitcoin acted like a stock. Perhaps crypto’s narrative is no narrative at all. Ed Moya, a Senior Market Analyst with foreign exchange market maker OANDA, posits that the upcoming U.S. election is the narrative to watch. “We were reminded that the key to Bitcoin’s success in the US might depend on the upcoming presidential election," Moya wrote in a note Friday. "Florida governor Ron Desantis announced his intentions to run for president and appears poised to ‘protect’ Bitcoin.” Story continues With Central Bank Digital Currencies being a new wedge issue in Florida’s political landscape, the national stage is the next logical step. Crypto has come up in elections worldwide, such as South Korea and Thailand , and President Joe Biden mentioned it when discussing debt deal negotiations. Maybe this will be the narrative to watch? Biggest Gainers Asset Ticker Returns DACS Sector XRP XRP +2.3% Currency Stellar XLM +0.6% Smart Contract Platform Biggest Losers Asset Ticker Returns DACS Sector Gala GALA −4.0% Entertainment Polygon MATIC −3.5% Smart Contract Platform Avalanche AVAX −3.1% Smart Contract Platform Insights Funding Rates Remain Positive in Crypto Markets By Glenn Williams Jr. The Commitment of Traders report shows that asset managers have increased their open long positions in bitcoin after falling in the two prior weeks. The 24-contract increase follows a reduction of 162 contracts the week prior. Long and short positions among asset managers (based on Commitment of Traders report) The increase halts what appeared to be more of an overall reduction in exposure than a commentary on price itself. Asset managers reduced their short positions as well over the identical time period by a total of 194 contracts. The Commodity Futures Trading Commission (CFTC) releases COT data weekly, detailing the open interest and activity of asset managers, leveraged funds, and dealer intermediaries in bitcoin futures. Asset Managers now comprise 48.9% of open long positions on the Chicago Mercantile Exchange, and are 97.25% long the asset as a group. Important events. 5 p.m. HKT/SGT(9 a.m. UTC): European Commission business climate (May) 5 p.m. HKT/SGT(9 a.m. UTC): European Commission consumer confidence (May) 10 p.m. HKT/SGT(2 p.m. UTC): U.S. consumer confidence (May) CoinDesk TV In case you missed it, here is the most recent episode of "The Hash" on CoinDesk TV : Lawyer Behind FTX Lawsuit Addresses Shaq Getting Served; Ether Balance on Exchanges Nears All-Time Low "The Hash" hosts weighed in on the biggest stories shaping the crypto industry today. The number of ether (ETH) on exchanges hit a low not seen since Ju Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-30 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $541,120,824,375 - Hash Rate: 379321882.1817001 - Transaction Count: 515246.0 - Unique Addresses: 713954.0 Social & AI Sentiment: - Fear & Greed Index: 0.51 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Editor's note: This story and its headline were updated after publication to clarify that Arkham's Mt. Gox alert was triggered correctly. Bitcoin erased the gains made earlier today, plunging as much as 7% in an hour to below $28,000, perCoinGeckodata. At time of publication, theprice of Bitcoinstood at just under $27,750, down 4.6% on the day and 8.4% over the past week. The wider crypto market crashed alongside Bitcoin, with the top 10 coins by market cap all down over the past hour and 24 hours, barring stablecoins. Ethereum dropped in tandem with Bitcoin to just under $1,830. The news came on the heels of reports from blockchain analytics firm Arkham that wallets linked to defunct crypto exchange Mt. Gox and the U.S. government had moved significant amounts of Bitcoin. Arkham CEO Miguel Morel toldDecryptthat the wallet movements weren't connected, meaning that the U.S. wasn't necessarily the one moving or selling assets related to Mt. Gox. Roughly an hour later, Arkham posted on Twitter that the alert wassent out in error, and only to a "small subset of users," which included Crypto Twitter account@tier10k, also known as DB. The company said a bug fix "related to Bitcoin alerts" on its systems caused the error but did not provide further details. Representatives for the company did not immediately respond toDecrypt's requests for comment. Finally, late Wednesday, the company revised its findings again. "We have conducted an investigation of the DB Alert situation, and determined that the Arkham alerts were sent accurately in this case," Arkham wrote. "DB set two alerts on all Bitcoin transactions above $10k USD, with no counterparties set, then named the alerts 'Mt Gox' and 'US Gov.'" https://twitter.com/i/web/status/1651366459547713537 The bug fix triggered previously configured alerts, and "no one received inaccurate alert." The company went on to note that its alerts and the attention on Twitter had nothing to do with the sudden dip in the price of Bitcoin. "Neither the alert nor the tweet could have caused the sharp BTC price drop today, as the drop occurred between 19:17 and 20:01 UTC, and the alerts and tweet were sent afterwards at 20:07 UTC and 20:08 UTC respectively."... - 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: ['PHILADELPHIA, PA / ACCESSWIRE / May 30, 2023 /High-powered industries often require long hours and intensive work, but entrepreneurial pursuits can be equally demanding on our daily schedules. For those venturing into or navigating start-up and entrepreneurial environments, a focus on wellness is essential for success, and can even provide an operational advantage. As a wellness advocate, Bitcoin thought leader, entrepreneur, and former professional football player,Jonathan Martinhas advice for maintaining balance in business and prioritizing wellness along the way.\nCreate a Morning Routine\nStarting the day with intention sets the tone for the rest of the day. Martin recommends creating a morning routine that includes meditation, stretching, making the bed, or any other activities that help you center yourself and prepare for the day ahead. This can also include the perfect cup of coffee and a healthy breakfast to fuel your body and mind for the day ahead. Starting the day as a person is essential - before you are an employee, a student, an athlete, or anything else, take time to be yourself.\n"Creating a reliable routine was important when I was a student-athlete. As a player on a Division 1 football team at Stanford University, one of the most rigorous academic institutions in the world, I found that I needed to manage my time better than I ever had before. Building a practical and sustainable routine really helped with that, and establishing consistency in the mornings set the rest of the day up for success," saysJonathan Martin.\nFind Ways to Move Your Body\nWhen you\'re working long hours, it can be challenging to find time to exercise. However, physical activity is essential for your mental and physical health. Martin recommends finding ways to move your body throughout the day, whether that\'s taking a walk during your lunch break, doing a quick yoga flow in your office, or hitting the gym before or after work.The Mayo Clinicsupports these suggestions, noting that moving the body can help reduce stress and increase energy levels.\n"As I\'ve transitioned into the world of business and pursued graduate studies, I\'ve noticed that I spend far more time sitting than I did when I was an athlete," saysJonathan Martin. "But research shows that excessive sitting can have negative effects on both our physical and mental well-being. As a professional athlete, and now as someone who is consistently learning and creating strategy, I understand the crucial role that physical activity plays in maintaining mental sharpness. That\'s why I make a point of being intentional about moving my body every day, whether it\'s through a workout, a walk, or some other form of exercise. By prioritizing my physical health, I\'m able to stay focused, energized, and productive in all areas of my life."\nPrioritize Self-care\nSelf-care looks different for everyone, but it\'s essential to prioritize it in high-powered industries. This can include taking breaks throughout the day to recharge, practicing mindfulness, or engaging in activities that bring you joy outside of work. Martin emphasizes the importance of taking care of yourself, so you have the mental and physical energy to perform at your best.\n"You don\'t need to be moving at a million miles per hour all the time. Taking care of yourself is not a luxury, it\'s a necessity, and it\'s a lesson I wish I had learned earlier. I\'ve made self-care a priority over the last few years and it\'s completely changed the way I interact with the world for the better. I really feel empowered to make the most of every opportunity," saysJonathan Martin.\nBuild a Support System\nHaving a support system is critical in high-powered industries, where high demands can be overwhelming for many. Martin recommends building relationships with coworkers and mentors who can offer guidance and support. Additionally, finding friends and family outside of work who can provide a listening ear and offer a different perspective can also be helpful.\n"Whether it was winning bowl games or starting new companies, it was always clear to me that so much of sustained success and wellbeing depends on who you have around you," saysJonathan Martin. "I have such a supportive network, and I feel so fortunate for that. That\'s why I make it a priority to give back to my local community by volunteering every week. I believe that when people feel seen and heard, they are more empowered to elevate themselves. By investing in others, we can all rise together."\nPractice Gratitude\nIt\'s easy to get caught up in the demands and stress of high-powered industries, but practicing gratitude can help shift your perspective and reduce stress. Martin suggests starting a gratitude journal, where you write down three things you\'re grateful for each day. Focusing on the positive aspects of your life can help you feel more content and fulfilled.\nJonathan Martinnotes: "Melodie Beattie once said that \'Gratitude turns what we have into enough, and more. It turns denial into acceptance, chaos into order, confusion into clarity… it makes sense of our past, brings peace for today, and creates a vision for tomorrow.\' I know from personal experience how easy it is to get swept up in the stress and demands of life. But when I focus on gratitude, it shifts my perspective and helps me see things in a more positive light. I\'m grateful for the time I had in football. I\'m grateful for the experiences I\'ve had starting a business that found serious success. I\'m grateful for the degrees I now hold from Stanford and Georgetown. I\'m also grateful for the opportunities before me to study Bitcoin and monetary policy in action. I\'m excited to use what I learn to financially empower my community."\nWhile prioritizing wellness in high-powered industries may be challenging, it is imperative to recognize that investing in our well-being pays off in the long run. By adopting healthy habits such as a morning routine, regular physical exercise, and self-care practices, we can mitigate the negative effects of stress and increase our overall productivity and job satisfaction. Build a support system and practice gratitude to cultivate a positive mindset every day. Taking care of ourselves should be a top priority to achieve success and fulfillment in both our personal and professional lives. Consistency and intentionality around wellness can create a significant advantage for entrepreneurs and anyone working jobs with high demand.\nContact Information:\nAndrew MitchellEmail:[email protected]: 404-955-7133\nSOURCE:Cambridge Global\nView source version on accesswire.com:https://www.accesswire.com/758102/Jonathan-Martin-Shares-Tips-for-Wellness-Through-Entrepreneurial-Pursuits', 'Good morning. Here’s what’s happening:\nPrices:A new report from K33 highlights heightened volatility in Bitcoin and Ether in 2023, despite a slow start to the year.\nInsights:Observers suggest that the market needs a new driver to lift prices higher. Could ether be that driver?\nCoinDesk Market Index (CMI)\n1,198\n+0.9▲0.1%\nBitcoin (BTC)\n$27,686\n−54.0▼0.2%\nEthereum (ETH)\n$1,901\n+8.4▲0.4%\nS&P 500\n4,205.52\n+0.1▲0.0%\nGold\n$1,978\n+33.7▲1.7%\nNikkei 225\n31,328.16\n+94.6▲0.3%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,198", "+0.9\\u25b20.1%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$27,686", "\\u221254.0\\u25bc0.2%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,901", "+8.4\\u25b20.4%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,205.52", "+0.1\\u25b20.0%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,978", "+33.7\\u25b21.7%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["31,328.16", "+94.6\\u25b20.3%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nVolatility is Expected, But Was it Missed?\nGood morning Asia,\nBitcoin is opening the East Asia trading day at $27,686, down 0.2% while Ether is at $1,901, up 0.4%.\n2023 has been an odd year for crypto. In December, during the depths of crypto winter, the price predictions for bitcoin were pretty grim. $10-12K by the first quarter of 2023,said VanEck.\nBut a lot has happened since then. Ordinals, bank failure, a liquidity crisis.\nBetweenMarchand mid-May, the market was fairly stale, and bitcoin barely moved.\nA new report fromK33 Researchsays this is beginning to change.\nBitcoin\'s trading range fluctuated between $25,800 and $28,000 over the last week amid increased volatility. The variation was fueled by a prospective debt ceiling agreement, prompting market rallies, increased Bitcoin dominance and trading volumes, and may lead to more market activity due to Asian regulatory changes and Recep Erdogan\'s re-election as president of Turkey, K33 said in the report.\nK33 said that this surge was partially amplified by over-leveraged shorts creating a decrease in open interest. At the same time, progress in U.S. debt ceiling negotiations spurred a rally in the crypto and U.S. equities markets.\nAll of this, they say, along with the transformation in the crypto market structure with stablecoins and ether gaining prominence, and bitcoin\'s increased yet comparatively lower dominance, indicates a resemblance to the previous bear market with potentially insufficient de-risk rotation.\nThe cure for all of this ismore liquidity, but that’s nowhere in sight.\n[{"Asset": "XRP", "Ticker": "XRP", "Returns": "+4.6%", "DACS Sector": "Currency"}, {"Asset": "Solana", "Ticker": "SOL", "Returns": "+3.4%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Stellar", "Ticker": "XLM", "Returns": "+1.8%", "DACS Sector": "Smart Contract Platform"}]\n[{"Asset": "Dogecoin", "Ticker": "DOGE", "Returns": "\\u22121.3%", "DACS Sector": "Currency"}, {"Asset": "Polygon", "Ticker": "MATIC", "Returns": "\\u22120.8%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Chainlink", "Ticker": "LINK", "Returns": "\\u2 Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-31 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $527,279,095,875 - Hash Rate: 349729770.9452385 - Transaction Count: 421579.0 - Unique Addresses: 709100.0 Social & AI Sentiment: - Fear & Greed Index: 0.51 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin, Ethereum, And Dogemiyagi: Is Dogemiyagi The Eth Of Meme Coins? Pepe Coin’s recent rally has brought meme coins even more traction than usual. This meme coin season has been one of the most exciting highlights of 2023’s Q2. While Pepe Coin and Shiba Inu might be leading the rally, a new presale token, DogeMiyagi (MIYAGI), has also been attracting a great deal of attention due to its combination of memetastic branding and incredible utility. This article will dive into what exactly MIYAGI can offer the meme coin market and compare it with Bitcoin’s (BTC) and Ethereum’s (ETH) impact on their markets. DogeMiaygi – Embracing Decentralization DogeMiaygi (MIYAGI) is not your ordinary cryptocurrency. With a strong emphasis on DeFi, MIYAGI aims to empower its token holders by recognizing their pivotal role in shaping the coin’s future. As a DAO, MIYAGI allows the community to participate actively in decision-making processes, ultimately steering the coin’s trajectory. By embracing this community-led approach, MIYAGI offers a unique cryptocurrency adventure where decentralization is the key driver. Its commitment to DeFi sets it apart from other meme tokens, showcasing its intent to redefine the meme coin sphere! Bitcoin’s Impact On The Cryptocurrency Market Bitcoin (BTC), the pioneer of cryptocurrencies, has undoubtedly left an indelible mark on the market. Its revolutionary decentralized nature was the first crypto to truly disrupt traditional financial systems and ushered in a new era of peer-to-peer transactions. Bitcoin’s impact has been monumental, instilling trust and legitimacy in the concept of cryptocurrencies. Its limited supply and decentralized network have attracted a global community of users, contributing to its widespread adoption and recognition as a digital store of value. Bitcoin’s influence extends beyond its technology, shaping the very foundations of the cryptocurrency market. Ethereum’s Influence on Its Market Ethereum (ETH), often hailed as the world’s decentralized computer, has reshaped the blockchain landscape. Beyond its native cryptocurrency Ether, Ethereum introduced the concept of smart contracts, opening the door to decentralized applications and the issuance of new tokens. Story continues This innovation has paved the way for a vibrant ecosystem of DeFi and NTFs. Ethereum’s versatility and programmability have propelled it to become the second-largest cryptocurrency by market cap, solidifying its impact on the market and positioning it as a catalyst for innovation! In the ever-evolving cryptocurrency market, Bitcoin, Ethereum, and meme coins have all played pivotal roles in shaping the industry. DogeMiaygi’s commitment to decentralization and its transformation into a DAO will give token holders significant influence over the coin’s future. Bitcoin, as the original cryptocurrency, has laid the groundwork for trust and disrupted traditional financial systems. Ethereum, with its smart contract capabilities, has unlocked endless possibilities, fostering the growth of DeFi and NFTs! Follow the Links For More Information on DogeMiyagi: Website: https://dogemiyagi.com Twitter: https://twitter.com/_Dogemiyagi_ Telegram: https://t.me/dogemiyagi... - Reddit Posts (Sample): [['u/jradxit2', 'Customs and BTC', 114, '2023-05-31 00:10', 'https://www.reddit.com/r/Bitcoin/comments/13w3r6r/customs_and_btc/', 'Curious, how does having the keys to over 10k in BTC in your head apply?', 'https://i.redd.it/lyg85963333b1.jpg', '13w3r6r', [['u/coelectric', 28, '2023-05-31 00:54', 'https://www.reddit.com/r/Bitcoin/comments/13w3r6r/customs_and_btc/jm9kpax/', "What about your debit card with 10k or more? What about your credit card with 10k or more? It's not their business.", '13w3r6r'], ['u/Huge_Monero_Shill', 20, '2023-05-31 02:07', 'https://www.reddit.com/r/Bitcoin/comments/13w3r6r/customs_and_btc/jm9uwui/', 'Only if its a good hair day', '13w3r6r'], ['u/Normal-Knowledge4857', 20, '2023-05-31 02:23', 'https://www.reddit.com/r/Bitcoin/comments/13w3r6r/customs_and_btc/jm9wz2d/', 'Credit card is KYC. All those are bearer assets.', '13w3r6r'], ['u/cryptocam72', 88, '2023-05-31 04:45', 'https://www.reddit.com/r/Bitcoin/comments/13w3r6r/customs_and_btc/jmaflwp/', 'It’s not on your person, it’s on the blockchain. No need to declare.', '13w3r6r'], ['u/cflynn07', 18, '2023-05-31 05:41', 'https://www.reddit.com/r/Bitcoin/comments/13w3r6r/customs_and_btc/jmam5by/', 'Bitcoin fixes this', '13w3r6r'], ['u/pezdal', 17, '2023-05-31 06:29', 'https://www.reddit.com/r/Bitcoin/comments/13w3r6r/customs_and_btc/jmara2y/', 'Makes it easier to rob you.', '13w3r6r'], ['u/zrad603', 40, '2023-05-31 07:45', 'https://www.reddit.com/r/Bitcoin/comments/13w3r6r/customs_and_btc/jmayg9a/', 'I remember there was the case of a guy named Davi Barker who made a bunch of bitcoin lapel pins. He was selling them at a conference, and he got hassled by TSA for having a "bag full of bitcoin".', '13w3r6r'], ['u/SaneLad', 12, '2023-05-31 08:29', 'https://www.reddit.com/r/Bitcoin/comments/13w3r6r/customs_and_btc/jmb240o/', 'Anti money laundering and capital controls.', '13w3r6r'], ['u/Bitcoin_Maximalist', 30, '2023-05-31 08:36', 'https://www.reddit.com/r/Bitcoin/comments/13w3r6r/customs_and_btc/jmb2ng0/', 'Bitcoin is worthless magic internet money. Nothing to declare here.', '13w3r6r']]], ['u/Dull-Soup-2640', 'What causes people to become silver bugs?', 36, '2023-05-31 01:18', 'https://www.reddit.com/r/Wallstreetsilver/comments/13w5fm7/what_causes_people_to_become_silver_bugs/', 'I have decided that I would like to allocate a small percentage of my earnings to the two precious metals gold and silver. \n\nI am a long btc stacker and I\'ve experienced life altering gains as well as life altering realizations.\n\nAs time went along, I started reading more and more books about money and economics in general and I learned a lot about gold and silver.\n\nI learned that people buy gold for the same reason people buy bitcoin (inflation, store of value, etc).\n\nI decided that I want to buy gold and silver because it\'s been the hardest money for the longest amount of time throughout human history.\n\nI\'m going to buy gold and silver, not as a way to profit, but as an "insurance" in case things hit the fan.\n\nMy main concern: WHY BUY SILVER??\n\n\n\nI\'ve read sources that don\'t like gold. I\'ve read sources that do like gold. I\'ve read sources that like gold but not silver. I\'ve read sources that like BOTH gold and silver.\n\nI\'ve seen horror stories of one twin buying silver and one twin buying bitcoin 10 years ago. I recently saw a reddit post about "hey guy after 15 year of silver stacking im giving up because I am at break even and all my other friends are in profit from sp500 and bitcoin"\n\nI\'ve heard that the production of silver will ramp up to meet demand, which means silver will never maintain a high price, because as soon as prices rise, production will rise which will bring down price.\n\n\n\nWhat do you guys think? What convincing reasons are there to buy silver? Because if there is no good reason, I will just buy maybe 1 silver for every 20 gold.', 'https://www.reddit.com/r/Wallstreetsilver/comments/13w5fm7/what_causes_people_to_become_silver_bugs/', '13w5fm7', [['u/rb109544', 10, '2023-05-31 01:59', 'https://www.reddit.com/r/Wallstreetsilver/comments/13w5fm7/what_causes_people_to_become_silver_bugs/jm9tqm9/', "Here's my take. I did market research a couple/few years back simply because covid was coming on and the boss wanted to know where the money in the market was flowing. Renewables at that time had gotten new stronger legs than the last small boom. So I turned in my report, yada yada yada...was sitting on the couch that night and told myself I've got to think 6 steps ahead...pondered what goes into renewables...out of all the things I know goes in, silver was the one that had cheap prices, and started collecting many many decades ago so I already loved it. The prior year I'd started collecting again and remembered how much I really loved it as a kid.\n\nFast forward, the more and more I researched it became obvious every single technology thing these days needs a lot more silver as copper is being pushed to it's limits. Massive new industrial consumption in combination with a supply shortage then supply chain disruptions. Now the banking and currency crisis has become more viable in mainstream news although most of us here saw it coming long ago...most of us old folks have the memory of not being $32T in debt. Mix in that GDP adds in deficit spending and it's currently barely above water...in reality it's negative GDP now. Inflation measures are all bad. Debt to GDP looks like shit. 10 yr - 2 yr spread is one of worst in history and way worse back to at leas the cold war. Dedollarizarion...although the world elites wont let that happen...it still hurts the dollar while all others race for the bottom.\n\nGold to Silver Ratio (GSR) up around 80...projections show 30 is realistic. Gold set to quickly go above $3k. Add in new industrial consumption and everything above, and that easily pushes silver $100+.\n\nI just like the shiny. I can afford a single small gold coin occassionally. I can afford a dozen silver coins regularly, so I get variety (sometimes at a higher premium). I can DCA easier with silver than gold. I just like the shiny...and the memes, let's not forget the WSS memes.", '13w5fm7']]], ['u/HrafnHaraldsson', 'What would happen if oil producers only accepted Bitcoin?', 30, '2023-05-31 01:34', 'https://www.reddit.com/r/Bitcoin/comments/13w5tak/what_would_happen_if_oil_producers_only_accepted/', 'Like if a cartel of oil-producing nations decided that they would only accept Bitcoin in exchange for oil. Would it be "regime change" time? Totally global economic collapse? Business as usual some places, and hockey mask time in others? Like in what scale would things be effected?\n\nDisclaimer- I don\'t know shit about fuck, how the petrodollar works, the stock market, or economics in general. I\'m just a guy who knows my money is basically just delayed-onset toilet paper, and has been holding onto some sats because they\'re a more viable medium for digital exchange than silver or bullets or some shit. So please bear that in mind before roasting me, thank you.', 'https://www.reddit.com/r/Bitcoin/comments/13w5tak/what_would_happen_if_oil_producers_only_accepted/', '13w5tak', [['u/gvictor808', 31, '2023-05-31 01:52', 'https://www.reddit.com/r/Bitcoin/comments/13w5tak/what_would_happen_if_oil_producers_only_accepted/jm9sv2k/', 'Wow if OPEC announced this they would amass insane wealth, and BTC would hit $500k in about two weeks.', '13w5tak'], ['u/Umpire_State_Bldg', 12, '2023-05-31 03:23', 'https://www.reddit.com/r/Bitcoin/comments/13w5tak/what_would_happen_if_oil_producers_only_accepted/jma53b9/', 'Eventually, oil producers will only accept Bitcoin. It will be a different world then.', '13w5tak'], ['u/FairBlamer', 13, '2023-05-31 03:38', 'https://www.reddit.com/r/Bitcoin/comments/13w5tak/what_would_happen_if_oil_producers_only_accepted/jma6yle/', '>delayed-onset toilet paper\n\nThat’s actually genius, I’m stealing that', '13w5tak'], ['u/Bisquick_in_da_MGM', 12, '2023-05-31 04:17', 'https://www.reddit.com/r/Bitcoin/comments/13w5tak/what_would_happen_if_oil_producers_only_accepted/jmac1bv/', 'They would be liberated by the US military.', '13w5tak'], ['u/Analog_AI', 10, '2023-05-31 05:31', 'https://www.reddit.com/r/Bitcoin/comments/13w5tak/what_would_happen_if_oil_producers_only_accepted/jmal1o9/', 'And 12 million in a year.', '13w5tak'], ['u/extrastone', 16, '2023-05-31 06:26', 'https://www.reddit.com/r/Bitcoin/comments/13w5tak/what_would_happen_if_oil_producers_only_accepted/jmar0vw/', 'A word on OPEC: Their militaries are not very good (small size and local disunity) and so they accept the currency of the nation that offers them the best chance at defense. The Saudis are starting to accept Yuan because they want the Chinese to look at them as worthy of that defense.\n\nRight now there is not a bitcoin funded military that is capable of defending Saudi Arabia.', '13w5tak'], ['u/Difficult-Rough9914', 10, '2023-05-31 07:24', 'https://www.reddit.com/r/Bitcoin/comments/13w5tak/what_would_happen_if_oil_producers_only_accepted/jmawio1/', 'This is true within countries. When talking about transnational trade, governments want something that is stable & trustworthy. We’ve been on the petrodollar since 71. I think there are about 50 other countries that are using USD rather than their own sovereign currency. These countries are getting screwed now because the global reserve currency has been manipulated so much. There’s also been 17 sovereign defaults in the last two years compared to two in the previous two decades. I’d argue that there is no better ledger than Bitcoin to use as a unit of account for settlement of global trade. BIS has said they will allow central banks to hold up to 2% crypto starting in 2025. Apparently the banks were asking for 5%.\n\n\nBitcoin is inevitable', '13w5tak']]], ['u/anguyen11', 'How do I convince my friend this is a crypto scam.', 49, '2023-05-31 01:48', 'https://www.reddi... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 to near US$27,000 in Thursday morning trading in Asia and posted the first monthly loss of the year. Ether and all the top 10 non-stablecoin cryptocurrencies also traded lower, with XRP leading the losers. U.S. equities slid on concerns the Federal Reserve may raise interest rates again in June after strong job numbers for April released Wednesday showed inflation is still prevalent. Investors were also jittery ahead of the outcome of the vote by the U.S. Congress to approve the debt ceiling deal.\nBitcoin fell 2.35% over the last 24 hours to US$27,124 at 09:50 a.m. in Hong Kong, but held a weekly gain of 3.78%, according todatafrom CoinMarketCap. The world’s largest cryptocurrency ended May with a loss of 4.96%, the first monthly decline since the start of the year.\nThe token met selling pressure after Federal Reserve official Loretta Mestersaidon\xa0Wednesday there was no “compelling reason to pause” interest rate hikes in June, according to Mikkel Morch, Chairman and Non-Executive Director at investment fundARK36, in a note shared with Forkast.\n“(The remarks from Mester) have had a disruptive impact on various risk assets, including cryptocurrencies,” said Morch. “Simultaneously, the release of discouraging manufacturing data from China has added to the bearish sentiment surrounding Bitcoin and other risk assets.”\nEther dropped 1.65% to US$1,874, while trading 5.35% higher for the week and 2.07% higher for the month.\nDespite the overall bearish sentiment, “the market appears more upbeat about the second-largest crypto by market cap, as its deflationary features are supporting prices,” said Jeff Mei, Chief Operating Officer at crypto exchangeBTSE, citingdatafrom Ultra Sound Money that showed almost 200,000 Ether have been burnt in the past 30 days.\nAll other top 10 non-stablecoin cryptocurrencies logged losses in the past 24 hours, with XRP leading the losers.\nXRP fell 2.62% to US$0.5088, to lead the losers. Litecoin moved 1.24% lower to US$91.36, but remains up 8.58% for the week as the token’sthird halving eventdraws near, which would reduce the supply of the token.\nBinance, the world’s largest crypto exchange, is said to be planning to lay off 20% of employees in June, according toWu Blockchainon Wednesday citing unnamed sources. Binance Chief Strategy Officer Patrick Hillmann laterrespondedon Twitter that “Binance is not cutting 20% of employees as a cost-cutting measure,” but faces “a historic operational challenge to overcome” as the company faces pressure from regulators and needs to reallocate resources.\n“(Binance’s rumored job cuts are) a marker that traders will look at when scoping out the health of the market and profitability of crypto businesses and projects,” said Justin d’Anethan, head of APAC business development at Belgium-based crypto market makerKeyrock. “It probably doesn’t help that exchange volumes are at an abysmal low compared to the top of 2021-2022.”\nBinance’s BNB token dropped 1.85% in the past 24 hours to US$306.28, just holding a weekly gain of 0.13%.\nThe total market cap of cryptocurrencies dropped 1.78% in the past 24 hours to US$1.14 trillion, while the 24-hour market volume rose 6.96% to US$32.85 billion.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the non-fungible token (NFT) market, theForkast 500 NFT indexedged up 0.20% to 3,407.30 in the 24 hours to 07:30 a.m. in Hong Kong, and added 1.24% for the week.\nNFT sales on Ethereum rose 23.59% in the past 24 hours to US$21.77 million, according toCryptoSlamdata. NFT sales on the Bitcoin network also gained 22.66% to US$4.40 million.\nBored Ape Yacht Club saw the biggest sales in the past 24 hours, rising 3.00% to US$2.80 million.\nThe Grapes, an Ethereum-based NFT collection launched on Wednesday night, saw the 12th largest sales totaling over US$433,000. The collection has seen over 4,600 transactions in the 12 hours after launch, and reached a price of 0.20 ETH (US$373.16) on early Thursday morning, over five times higher than its mint price at 0.039 ETH.\nMeanwhile, NFT scams are undermining confidence. NFT influencer Andrew Wang, with over 189,000 Twitter followers,promotedan NFT collection named Pixel Penguins on Thursday, which claimed to be a charity project to support the Pixel Penguins creator’s fight against cancer. But the supposed charity was revealed to be a scam, with its pseudonymous creator “Hopeexist1” deactivating her Twitter account after securing over 61 ETH (US$114,000), according to crypto sleuthZachXBT.\nElsewhere, Twitter userPauly, who is regarded as the creator of memecoin $PEPE, hasraisedover US$1.2 million by simplyaskingpeople to send their ETH to an account to “receive nothing in return.”\n“Overall – not a lot of people are looking to trade, sentiment is rather negative from the scams/Pauly news, price discussion,” said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News.\nU.S. stock futures fell as of 10:30 a.m. in Hong Kong. Dow Jones Industrial Average futures fell 0.18%, S&P 500 futures inched down 0.07%, and the Nasdaq futures lost 0.23%.\nThe three major U.S. stock indexes slid on Wednesday as investors waited for the outcome of the latest stage of the U.S. debt deal. At approximately 9.30 p.m. ET Wednesday evening, the House passed a bill to suspend the U.S. debt limit and avoid a national default.\n\u200b\u200b“Tonight, the House took a critical step forward to prevent a first-ever default and protect our country’s hard-earned and historic economic recovery,” U.S. President Joe Bidensaidabout the outcome of the vote.\nBiden urged the Senate to also agree on the bill — the next stage in the ratification process — “as quickly as possible,” allowing him to pass it into law.\nOn the inflation front, the U.S. Labor Departmentreportfor April recorded 10.1 million job openings in April. That figure surpasses analysts’expectationsof 9.375 million. The report also recorded a month-on-month decline of 264,000 in layoffs and discharges.\nThe stronger than expected data can be interpreted as “a partial sign of the continued strength of the American labor market,”tweetedMohamed Aly, El-Erian, Chief Economic Advisor at financial services company Allianz, on Thursday.\nSimilarly robust monthly employment data has,in the past, preceded a rise in the U.S. interest rate. However, comments from inside the US Federal Reserve suggest that a so-called “hawkish pause” in June ahead of further rate rises later could be the more likely outcome.\nFed governor Philip Jeffersonsaidat a financial stability conference in Washington Wednesday that skipping a hike in June “would allow the Committee to see more data before making decisions about the extent of additional policy firming.”\nHowever, Jefferson added that “a decision to hold our policy rate constant at a coming meeting should not be interpreted to mean that we have reached the peak rate for this cycle.”\nThe Federal Reserve will meet on June 14 to make its decision. The interest rate is now between 5 and 5.25%, the highest level since 2006.\nFollowing Jefferson’s speech, theCME FedWatch Toolnow predicts a 62.2% chance the Fed will keep rates unchanged in June. The 37.8% chance it gives for another 25 basis-point rate hike is a significant decrease from the 63.0% chance reported on Tuesday.\n(Updates\xa0added to\xa0equities section)', 'Bitcoin fell to near US$27,000 in Thursday morning trading in Asia and posted the first monthly loss of the year. Ether and all the top 10 non-stablecoin cryptocurrencies also traded lower, with XRP leading the losers. U.S. equities slid on concerns the Federal Reserve may raise interest rates again in June after strong job numbers for April released Wednesday showed inflation is still prevalent. Investors were also jittery ahead of the outcome of the vote by the U.S. Congress to approve the debt ceiling deal.\nBitcoin fell 2.35% over the last 24 hours to US$27,124 at 09:50 a.m. in Hong Kong, but held a weekly gain of 3.78%, according todatafrom CoinMarketCap. The world’s largest cryptocurrency ended May with a loss of 4.96%, the first monthly decline since the start of the year.\nThe token met selling pressure after Federal Reserve official Loretta Mestersaidon\xa0Wednesday there was no “compelling reason to pause” interest rate hikes in June, according to Mikkel Morch, Chairman and Non-Executive Director at investment fundARK36, in a note shared with Forkast.\n“(The remarks from Mester) have had a disruptive impact on various risk assets, including cryptocurrencies,” said Morch. “Simultaneously, the release of discouraging manufacturing data from China has added to the bearish sentiment surrounding Bitcoin and other risk assets.”\nEther dropped 1.65% to US$1,874, while trading 5.35% higher for the week and 2.07% higher for the month.\nDespite the overall bearish sentiment, “the market appears more upbeat about the second-largest crypto by market cap, as its deflationary features are supporting prices,” said Jeff Mei, Chief Operating Officer at crypto exchangeBTSE, citingdatafrom Ultra Sound Money that showed almost 200,000 Ether have been burnt in the past 30 days.\nAll other top 10 non-stablecoin cryptocurrencies logged losses in the past 24 hours, with XRP leading the losers.\nXRP fell 2.62% to US$0.5088, to lead the losers. Litecoin moved 1.24% lower to US$91.36, but remains up 8.58% for the week as the token’sthird halving eventdraws near, which would reduce the supply of the token.\nBinance, the world’s largest crypto exchange, is said to be planning to lay off 20% of employees in June, according toWu Blockchainon Wednesday citing unnamed sources. Binance Chief Strategy Officer Patrick Hillmann laterrespondedon Twitter that “Binance is not cutting 20% of employees as a cost-cutting measure,” but faces “a historic operational challeng Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-01 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $519,699,113,762 - Hash Rate: 336187209.4940784 - Transaction Count: 355986.0 - Unique Addresses: 678136.0 Social & AI Sentiment: - Fear & Greed Index: 0.52 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Are you interested in cryptocurrency trading but feeling overwhelmed by the complexities of the market? Look no further! In this blog post, we will discuss the top 5 mistakes to avoid when trading crypto, including popular currencies such as Bitcoin, Ethereum , and others. Crypto trading has gained popularity in recent years due to its potential for high returns, but it also involves risks and requires a thorough understanding of the market. That’s why we’ve compiled a list of the top 5 mistakes that even experienced traders make when trading crypto. Whether you’re new to the world of cryptocurrency or a seasoned trader, this blog post will provide valuable insights and practical tips to help you navigate the crypto market with confidence. So, let’s dive in and discover the common pitfalls to avoid when trading popular cryptocurrencies such as Ethereum. Five Crypto Trading Mistakes To Avoid FOMO (Fear of Missing Out) FOMO, or Fear of Missing Out, is a common emotion experienced by traders in the crypto market. It occurs when a trader feels the urge to buy or sell a particular cryptocurrency due to the fear of missing out on potential profits or market trends. FOMO can lead to impulsive buying and selling decisions, which can result in significant losses. To avoid FOMO, traders can set trading rules and stick to them, such as setting stop-loss orders and avoiding trading based on emotions. It’s essential to conduct thorough research and make informed decisions rather than acting solely on the fear of missing out. Lack of Research Conducting thorough research is crucial before investing in any cryptocurrency. Lack of research can lead to investing in scam projects or unstable cryptocurrencies, resulting in significant financial losses. To avoid such situations, it’s essential to conduct extensive research, read whitepapers, study market trends, and analyze the project’s fundamentals. Traders should also avoid investing in cryptocurrencies based solely on hype or social media buzz. By doing proper research, investors can make informed decisions and mitigate the risks associated with investing in the crypto market. Story continues Overtrading Overtrading is a common mistake in the crypto market where traders execute too many trades in a short period, resulting in negative impacts on their portfolios. Overtrading can lead to unnecessary losses, missed opportunities, and increased transaction costs. Traders should set trading limits and avoid making impulsive trading decisions. It’s also essential to take breaks to avoid becoming emotionally attached to a particular trade or market trend. By developing a trading strategy and sticking to it, traders can avoid the negative impacts of overtrading and make more informed trading decisions. Ignoring Risk Management Ignoring risk management is a critical mistake in crypto trading. It has the potential to result in substantial losses and even financial ruin. Traders should prioritize risk management by diversifying their portfolios, setting stop-loss orders, and maintaining a proper risk-to-reward ratio. It’s essential to understand the risks associated with each trade and take necessary precautions to mitigate them. By implementing proper risk management strategies, traders can minimize their losses and maximize their profits in the volatile crypto market. Following the Crowd Following the crowd can be a mistake in crypto trading as it can lead to making decisions based on hype rather than fundamental analysis. Blindly following the crowd can result in losses and missed opportunities as market trends can change quickly. To avoid following the crowd, traders should conduct independent research, study market trends, and trust their own analysis. It’s essential to have a trading plan and stick to it, even if it goes against the current market sentiment. By avoiding herd mentality, traders can make informed decisions and maximize their profits in the dynamic crypto market. Conclusion Being aware of these mistakes is crucial for traders to avoid unnecessary losses and maximize their profits. Traders should prioritize risk management, conduct thorough research, stick to their trading plan, and avoid impulsive decisions based on emotions or social media buzz. By continuing to learn and improve their trading skills, traders can achieve success in the dynamic and volatile crypto market. McClatchy newsroom and editorial staff were not involved in the creation of this content.... - Reddit Posts (Sample): [['u/sixgod999', "From Wall Street to Sats Town: An ex TradFi's Thesis for Betting on Bitcoin", 58, '2023-06-01 01:29', 'https://www.reddit.com/r/Bitcoin/comments/13x1re4/from_wall_street_to_sats_town_an_ex_tradfis/', 'Having been entrenched in the traditional finance industry for over a decade and halfway through my CFA journey, I found myself captivated by Bitcoin and let\'s say, I never looked back. Despite the increasing adoption and moon boy chants growing louder, I prefer approaching Bitcoin with a sound investment thesis, especially when I explain to my TradFi colleagues why I\'m so obsessed with this asset. Here are the five key investment principles that guide my perspective:\n\n\n\n1. Historical Trends with Fiat: Reflecting on history, we can observe that fiat currencies usually have a 50-90 years lifespan. We transitioned to a full fiat currency with the US dollar in 1971, courtesy of the Nixon shock. While history may not always repeat itself, it often rhymes - "this time it\'s different" are often the last words uttered by a faltering civilization.\n2. Unsustainable Debt: Following the 2000 and 2008 financial shocks, instead of allowing the system to collapse and rebuild, we\'ve been artificially inflating it with debt, so much so that raising interest rates without breaking something now seems impossible. We may soon find ourselves resorting to money printing to inflate this debt away, potentially leading to inflation.\n3. Hard Assets vs. Fiat: This rampant money printing will likely push the \'smart money\' towards hard assets such as gold. However, most people won\'t be able to own or verify their gold ownership physically; they\'ll rely on paper claims, which essentially brings us back to square one. While gold has been an excellent store of value for millennia, its physical limitations render it ineffective as money in our digital era.\n4. Energy vs. Money Printing: The US\' ability to print money might not sit well with energy companies. If you can "print energy" by printing money to pay for goods and services, it fundamentally contradicts the first law of thermodynamics (energy cannot be created or destroyed, only transferred). It also means forcing energy providers to accept an inferior asset for a superior one. It\'s only logical that they would gravitate towards an asset that\'s harder (or impossible) to print out of thin air.\n5. Real Estate and Store of Value: Traditional store of value, real estate, is being increasingly monetized as large corporations like BlackRock incorporate them into their investment portfolios, driving up prices and making homeownership unaffordable for many. This trend will likely increase the demand for an asset with long-term store-of-value properties.\n\n\n\nIf these trends continue, and it seems like they will, Bitcoin presents itself as a compelling solution.\n\nIt\'s the ONLY bearer asset that allows ease of wealth storage and transfer. \n\nIt\'s decentralized, unlike other cryptocurrencies with identifiable founders or teams.\n\nIts supply is capped, making it impossible to create more without expending an equivalent amount of energy.\n\n"Toka Koka", a phrase from the anime "Full Metal Alchemist" resonates here - humankind cannot gain anything without giving something in return, energy for energy. This is echoed in Bitcoin\'s proof of work concept.\n\nI acknowledge that my thesis may have flaws and that I could be wrong. That\'s why I still maintain a traditional portfolio (so my wife doesn\'t think I\'ve gone full tinfoil hat). However, given the unfolding macroeconomic trends and Bitcoin\'s unique properties, it seems like a once-in-a-lifetime opportunity, and I am willing to accept the downside risk for the potential upside.\n\n\n\nTL;DR: From a traditional finance background, I argue that Bitcoin is a promising investment because: 1) Fiat currencies have limited lifespans; 2) Debt and potential inflation issues loom; 3) Gold isn\'t practical for everyone; 4) Printing money undermines energy value; 5) Rising real estate prices highlight the need for accessible stores of value. Despite risks, I believe in Bitcoin\'s upside potential.', 'https://www.reddit.com/r/Bitcoin/comments/13x1re4/from_wall_street_to_sats_town_an_ex_tradfis/', '13x1re4', [['u/feedb4k', 12, '2023-06-01 03:28', 'https://www.reddit.com/r/Bitcoin/comments/13x1re4/from_wall_street_to_sats_town_an_ex_tradfis/jmf4wwl/', 'I enjoyed reading this while also wondering if you used ChatGPT. One point that doesn’t make sense is 4 - “printing money undermines energy value.” I don’t see how your rational works. Printing money is not equivalent to printing energy. There’s printing money and there’s generating energy. Money can be printed and exchanged for goods at an agreed upon value, it doesn’t change the energy it took to produce the good. Seems like irrational logic to me.', '13x1re4'], ['u/sixgod999', 10, '2023-06-01 03:34', 'https://www.reddit.com/r/Bitcoin/comments/13x1re4/from_wall_street_to_sats_town_an_ex_tradfis/jmf5q3g/', 'I did use chat GPT to help me organize my thoughts but the ideas are still mine!\n\nThanks for pointing that out - the idea I was trying to put out there re: the energy argument is that since we have the Petrol dollar system, the US basically has the ability to create something out of nothing (new fiat) and use that to buy oil (basically energy - aka ability to print energy). Right now it’s only agreed upon since it’s the world reserve currency but exploiting this might make energy providers think again since a fiat currency is only valuable because people believe it is. \n\nThis phenomena is only available to one state currently so I do realize why it’s confusing.', '13x1re4']]], ['u/chumeanbro', 'Investors are holding onto BTC, waiting for a bullish momentum', 23, '2023-06-01 01:30', 'https://www.reddit.com/r/CryptoCurrency/comments/13x1rmo/investors_are_holding_onto_btc_waiting_for_a/', 'According to [data provided by CryptoQuant](https://twitter.com/cryptoquant_com/status/1663819515279572996?t=OqrqP_4wrqUqzVr95t7sRg&s=19), the value of Bitcoin reserves has seen a significant drop of approximately $7 billion in the past month. CryptoQuant\'s publication states, "At the very least, the amount of Bitcoin circulating on exchanges has decreased over the last month."\n\n\n\nhttps://preview.redd.it/9lcqg641ma3b1.png?width=648&format=png&auto=webp&v=enabled&s=bf59f995f24611ebf2edcfa840c58d1dd45210ef\n\nFurthermore, CryptoQuant data indicates that exchange platforms have lost a substantial amount of 2,132,000 Bitcoins from their reserves. This decrease suggests that investors are opting to hold onto their Bitcoins rather than engaging in large-scale selling.\n\nPast data reveals an ongoing decline in the number of deposit transactions on exchanges since 2022, resembling a situation witnessed in July 2019 (likely influenced by the positive sentiment surrounding the upcoming Bitcoin halving event scheduled for May 2020)', 'https://www.reddit.com/r/CryptoCurrency/comments/13x1rmo/investors_are_holding_onto_btc_waiting_for_a/', '13x1rmo', [['u/Ninja_Gogen', 14, '2023-06-01 01:54', 'https://www.reddit.com/r/CryptoCurrency/comments/13x1rmo/investors_are_holding_onto_btc_waiting_for_a/jmesbxv/', "I've been holding for fucking years now. Held it all the way up in the last bull run, all the way down to the (hopefully) bottom. May as well hold it a bit longer. Mark my words, though. This time I WILL take profits!", '13x1rmo']]], ['u/cryotosensei', 'What % does BTC comprise in your portfolio?', 27, '2023-06-01 02:43', 'https://www.reddit.com/r/CryptoCurrency/comments/13x3i1x/what_does_btc_comprise_in_your_portfolio/', "Everyone seems to be cautiously optimistic about BTC these days. The next BTC halving is coming fairly soon. An analytics firm called Glassnode shares that BTC is currently trading slightly above long term holders' cost basis - what this means that we've entered the second stage of the bull cycle called “transition' (after capitulation but before equilibrium and euphoria). And who can forget how the Former Coinbase Chief Technology Officer (CTO) created a stir by making the bold claim that Bitcoin would hit $1 million by June 17 this year? Regardless of whether he was making a publicity stunt, the fact that he staked his reputation on BTC shows how salient this asset is in the minds of retail investors.\n\nSuffice it to say that people are looking to BTC to pump in the near future. In regard to that, are you increasing the proportion of BTC in your portfolio? Or are you taking the long-term view and looking to accumulate BTC at your own pace?", 'https://www.reddit.com/r/CryptoCurrency/comments/13x3i1x/what_does_btc_comprise_in_your_portfolio/', '13x3i1x', [['u/monaslab', 17, '2023-06-01 02:50', 'https://www.reddit.com/r/CryptoCurrency/comments/13x3i1x/what_does_btc_comprise_in_your_portfolio/jmezug5/', '10% BTC. I bought too many shitcoins. Waiting for opportunity to transfer them into BTC once an alt season appears', '13x3i1x'], ['u/002_timmy', 35, '2023-06-01 02:51', 'https://www.reddit.com/r/CryptoCurrency/comments/13x3i1x/what_does_btc_comprise_in_your_portfolio/jmezz6q/', "Crypto Portfolio- 60% \nInvestment Portfolio- 20%\n\nI'm a firm believer that even though I believe crypto and bitcoin is the future, everyone should be investing in some traditional manners (401k, HSA, Brokerage, Property, etc). You never want to be in trouble is one sector implodes", '13x3i1x'], ['u/Onnimation', 26, '2023-06-01 02:52', 'https://www.reddit.com/r/CryptoCurrency/comments/13x3i1x/what_does_btc_comprise_in_your_portfolio/jmf01eq/', '0%', '13x3i1x'], ['u/jet_life_next_life', 30, '2023-06-01 03:01', 'https://www.reddit.com/r/CryptoCurrency/comments/13x3i1x/what_does_btc_comprise_in_your_portfolio/jmf17pn/', '100%', '13x3i1x'], ['u/BigLongFootDoctor', 16, '2023-06-01 03:44', 'https://www.reddit.com/r/CryptoCurrency/co... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin fell Friday morning in Asia, trading below support at US$27,000 in a lackluster start to June after posting its first monthly loss of the year in May. Ether fell back below US$1,900 and most other top 10 non-stablecoin cryptocurrencies traded flat to lower. Cardano led the losers, while Litecoin found buying support as the token’s third halving event draws near. U.S. equity futures rose following gains in regular trading Thursday after the debt ceiling bill passed the House of Representatives and now goes to the Senate. Manufacturing data showed an easing in the pace of inflation, tempering concerns about more interest rate hikes ahead. On the down side,analysts expectthe U.S. to issue as much as US$1 trillion in treasury bills this year to replenish its cash, which could suck liquidity from risk assets such as cryptocurrencies.\nBitcoin fell 1.17% over the last 24 hours to US$26,878 at 07:10 a.m. in Hong Kong, but held onto a weekly gain of 1.53%, according todatafrom CoinMarketCap. The leading cryptocurrency dropped around 7% in May, but is still up 62% for the year so far.\nEther inched down 0.19% to trade at US$1,866, with a weekly gain of 3.20%.\nMost other top 10 non-stablecoin cryptocurrencies traded flat to lower in the past 24 hours, while Litecoin bucked that trend to gain 5.11% to US$94.41, up 9.98% for the week. The token’sthird halving eventis set for Aug. 2, which would reduce supply of the token.\nLitecoin’s on-chain activities picked up in May, according to blockchain data trackerIntoTheBlockon Tuesday, which noted almost 8.5 million Litecoin addresses with a balance by the end of May, compared to 7.09 million addresses by the end of March.\nCardano’s ADA led the losers in the top 10 non-stablecoin tokens, falling 2.35% to US$0.3659, but still managing a weekly gain of 2.03%.\nWhile crypto prices head lower, Rachel Lin, co-founder & CEO of crypto derivatives exchange Synfutures, still sees optimism for the industry in some other recent developments.\n“Positive developments in the crypto ecosystem this week include Celsius’sprogresswith its bankruptcy and restructuring plan under Fahrenheit Holdings,” she said. “If successful, it could demonstrate the crypto industry’s resilience in addressing its failures.”\nMeantime, the market cap of Tether’s USDT stablecoin hit an all-time high of US$83.60 billion early Friday morning in Asia, up more than 26% from the start of the year.\n“(USDT’s rise was) undoubtedly linked to the banking woes in the US and thedemise of BUSDfrom Binance; seems like investors are putting their faith – and money – with Tether, so far,” said Justin d’Anethan, head of APAC business development at Belgium-based crypto market makerKeyrock.\nThe total market cap of cryptocurrencies dropped 0.64% in the past 24 hours to US$1.13 trillion, while the 24-hour market volume fell 7.79% to US$30.28 billion.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the non-fungible token (NFT) market, theForkast 500 NFT indexdropped 0.72% to 3,373.23 in the 24 hours to 08:30 a.m. in Hong Kong, but added 0.65% for the week.\nNFT sales on Ethereum rose 17.61% in the past 24 hours to US$26.51 million, led by strong sales in Bored Ape Yacht Club (BAYC) and Azuki, according toCryptoSlamdata. Sales on the Bitcoin network fell 38.99%% to US$2.58 million.\nBAYC had the biggest sales in the 24 hours of US$5.15 million, accounting for almost 20% of sales on the Ethereum blockchain.\nFF6000, an Ethereum NFT collection launched by pseudonymous memecoin creatorBen.ethon Thursday night, stormed the market with sales totaling US$2.19 million and over 10,000 transactions, ranking third in terms of 24-hour sales.\nThe month of May saw over 8.91 million total NFT transactions and more than 819,000 unique sellers, the largest since February 2022, according toCryptoSlamdata.\nElsewhere, Nike Virtual Studios, the Web 3.0 arm of the U.S. footwear giant Nike Inc.,announceda partnership with sports video game publisher EA Sports on Thursday, which would bring Nike’s NFTs into video games. SWOOSH, Nike’s NFT platform, launched its first NFT sneaker collection Our Force 1 on May 24, which has seen sales of 97,627, according to data fromPolygonscan.\n“(The partnership between Nike and EA) is huge for mass adoption, and combined with stories likeReddit’s10 million strong user base and the recent high transaction volume, we’re starting to see a new NFT space emerge,” said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News.\nU.S. stock futures rose as of 11:45 a.m. in Hong Kong. Dow Jones Industrial Average futures and S&P 500 futures both gained 0.21%, while Nasdaq futures added 0.28%.\nThe three major U.S. stock indexes rose on Thursday after the House of Representativespassedthe debt ceiling deal 314-to-117 on Wednesday evening. The bill now goes to the Senate for voting to avert a debt default.\nOn the inflation front, the U.S. manufacturing purchasing managers’ index (PMI) fell to 46.9 in May from 47.1 in April, according to theInstitute for Supply Managementon Thursday. A PMI below 50 indicates a contraction in the economy, and is the seventh consecutive month of decline, which has been seen as an indicator for a recession in the U.S.\nThe Federal Reserve will meet on June 14 to make its next move on interest rates, which are now between 5 and 5.25%, the highest since 2006. TheCME FedWatch Toolnow predicts a 76% chance the Fed will keep rates unchanged in June, and a 24% chance for another 25-basis-point rate hike, down from 37.8% on Thursday.\n“I do believe that we are close to the point where we can hold rates in place and let monetary policy do its work to bring inflation back to the target in a timely manner,”saidPatrick Harker, President of the Federal Reserve Bank of Philadelphia, on Thursday.\nMeanwhile in China, theCaixin Manufacturing PMIregistered 50.9 in May, rising from 49.5 in April. The figure points to a moderate growth in China’s manufacturing activity, while the country’s economic recovery remains patchy, according to Chinese news mediaCaixinon Thursday.\n(Updates with equities section.)', 'Bitcoin fell Friday morning in Asia, trading below support at US$27,000 in a lackluster start to June after posting its first monthly loss of the year in May. Ether fell back below US$1,900 and most other top 10 non-stablecoin cryptocurrencies traded flat to lower. Cardano led the losers, while Litecoin found buying support as the token’s third halving event draws near. U.S. equity futures rose following gains in regular trading Thursday after the debt ceiling bill passed the House of Representatives and now goes to the Senate. Manufacturing data showed an easing in the pace of inflation, tempering concerns about more interest rate hikes ahead. On the down side,analysts expectthe U.S. to issue as much as US$1 trillion in treasury bills this year to replenish its cash, which could suck liquidity from risk assets such as cryptocurrencies.\nBitcoin fell 1.17% over the last 24 hours to US$26,878 at 07:10 a.m. in Hong Kong, but held onto a weekly gain of 1.53%, according todatafrom CoinMarketCap. The leading cryptocurrency dropped around 7% in May, but is still up 62% for the year so far.\nEther inched down 0.19% to trade at US$1,866, with a weekly gain of 3.20%.\nMost other top 10 non-stablecoin cryptocurrencies traded flat to lower in the past 24 hours, while Litecoin bucked that trend to gain 5.11% to US$94.41, up 9.98% for the week. The token’sthird halving eventis set for Aug. 2, which would reduce supply of the token.\nLitecoin’s on-chain activities picked up in May, according to blockchain data trackerIntoTheBlockon Tuesday, which noted almost 8.5 million Litecoin addresses with a balance by the end of May, compared to 7.09 million addresses by the end of March.\nCardano’s ADA led the losers in the top 10 non-stablecoin tokens, falling 2.35% to US$0.3659, but still managing a weekly gain of 2.03%.\nWhile crypto prices head lower, Rachel Lin, co-founder & CEO of crypto derivatives exchange Synfutures, still sees optimism for the industry in some other recent developments.\n“Positive developments in the crypto ecosystem this week include Celsius’sprogresswith its bankruptcy and restructuring plan under Fahrenheit Holdings,” she said. “If successful, it could demonstrate the crypto industry’s resilience in addressing its failures.”\nMeantime, the market cap of Tether’s USDT stablecoin hit an all-time high of US$83.60 billion early Friday morning in Asia, up more than 26% from the start of the year.\n“(USDT’s rise was) undoubtedly linked to the banking woes in the US and thedemise of BUSDfrom Binance; seems like investors are putting their faith – and money – with Tether, so far,” said Justin d’Anethan, head of APAC business development at Belgium-based crypto market makerKeyrock.\nThe total market cap of cryptocurrencies dropped 0.64% in the past 24 hours to US$1.13 trillion, while the 24-hour market volume fell 7.79% to US$30.28 billion.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the non-fungible token (NFT) market, theForkast 500 NFT indexdropped 0.72% to 3,373.23 in the 24 hours to 08:30 a.m. in Hong Kong, but added 0.65% for the week.\nNFT sales on Ethereum rose 17.61% in the past 24 hours to US$26.51 million, led by strong sales in Bored Ape Yacht Club (BAYC) and Azuki, according toCryptoSlamdata. Sales on the Bitcoin network fell 38.99%% to US$2.58 million.\nBAYC had the biggest sales in the 24 hours of US$5.15 million, accounting for almost 20% of sales on the Ethereum blockchain.\nFF6000, an Ethereum NFT collection launched by pseudonymous memecoin creatorBen.ethon Thursday night, stormed the market with sal Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-02 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $518,653,416,150 - Hash Rate: 417687139.0684004 - Transaction Count: 479437.0 - Unique Addresses: 721266.0 Social & AI Sentiment: - Fear & Greed Index: 0.50 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Production grew month over month at 37.35 bitcoin Operations achieved 91.0 BTC/EH efficiency Uptime was 94 % For March 2023 Bitcoin produced 1Q23 were 110.25 Toronto, Ontario--(Newsfile Corp. - April 17, 2023) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, provides results of its Bitcoin mining operation for the month ended March 31, 2023. CEO Comments "We produced bitcoin at a steady rate during March. We are proud to announce a partnership with Rebel Mining who will be taking a large portion of our fleet. Their depth and breath of experience make them a perfect partner to deploy the rest of our fleet. With the miners currently being deployed to Missouri in March and April, our fleet will be fully homed, and upon energization, we will be at approximately 1.5EH/s. We believe we will have a significant portion of this EH/s energized by end of May." Said Patricia Trompeter, CEO of Sphere 3D. "We are looking forward to working with Rebel as we install and energize the remainder of our Fleet." "Rebel Mining Company has state of the art facilities managed by a world class leadership team. We are excited to partner with Sphere 3D who will deploy in our Missouri and Texas facilities over the next 30 - 60 days. We look forward to getting them energized and bringing our depth of crypto mining knowledge to Sphere. Our commitment to our customers and a high operational standard sets us apart in this industry and we are looking forward to working together." Said Neil Galloway, COO Rebel Mining. Compute North Update We continue to work with Compute North and their bankruptcy lawyers for the return of our deposit through the Chapter 11 process. As previously disclosed, we filed our financial claim with the US Bankruptcy Court in February 2023, and must wait for the process to continue. Miner Delivery Update We have begun deployment to several hosting partners for May energization. We are currently deploying miners to a facility in Missouri for anticipated energization in May. In addition, we expect to deploy the remaining fleet to an existing hoster be hashing in the next 60 days. With deployments above, we will have successfully placed the majority of our fleet. Core Scientific Update As previously disclosed by the Company, Sphere 3D filed an arbitration request against Core Scientific ("Core") on its claim for the non-refunded portion of the Company's advanced deposits. Core subsequently filed for restructuring under Chapter 11 on December 21, 2022, citing burdensome debt obligations as a result of rising energy prices and the decline in the price of bitcoin. We continue to work with the US Bankruptcy court to monitor the progress. Sphere 3D has engaged counsel and is vigorously pursuing every available option to recover its funds. Story continues Bitcoin Production and Holdings Update In March 2023, Sphere 3D produced 37.35 Bitcoin, or 1.20 per day. Sphere 3D's mining fleet operated at 91.0 BTC/EH efficiency. During March 2023, the Company employed a Hybrid strategy of liquidating during bitcoin price upswings and HODL for the remainder of its holdings. The Company used approximately 28.33 Bitcoin during the month to fund working capital, and prepaid hosting deposits for our S19J Pros. Bitcoin held by the Company represents a fair market value of approximately $0.6 million based on the Bitcoin price of $28,489 on March 31, 2023. As of March 31, 2023, the Company was operating approximately 4,330 S19j Pros miners delivering a production capacity of approximately 446 PH/s. Figure 1 To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/1705/162628_sphere_fig1.jpg CEO Closing Remarks "We continue to make progress as we deploy the rest of our fleet. When fully energized we increase our production to 1.5 EH/s. We focused on execution in March to prepare ourselves for a strong second quarter. I am excited to get all 1.5EH/s up and going in second quarter, and our efforts in the first quarter made this possible!" About Sphere 3D Sphere 3D Corp. (NASDAQ: ANY) is a net carbon-neutral cryptocurrency miner with decades of proven enterprise data-services expertise. The Company is growing its industrial-scale mining operation through the capital-efficient procurement of next-generation mining equipment and partnering with best-in-class data center operators. Sphere 3D is dedicated to growing shareholder value while honoring its commitment to strict environmental, social, and governance standards. For more information about the Company, please visit Sphere3D.com . Forward-Looking Statements This communication contains forward-looking statements within the meaning of Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally related to future events including the timing of the proposed transaction and other information related proposed transaction. In some cases, you can identify forward-looking statements because they contain words such as "may," "will," "should," "experts," "plans," "anticipates," "could," "intends," "target," "project," "contemplates," "believes," "believes," "estimates," "predicts," "potential," or "continue" or the negative of these words or other similar terms or expressions. Expectations and beliefs regarding matters discussed herein may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from the projected. The forward-looking statements contained in this communication are also subject other risks and uncertainties, including those more fully described in filings with the SEC, including Sphere 3D's reports filed on Form 10-K and Form 8-K and in other filings made by Sphere 3D with the Sec from time to time and available at www.sec.gov . These forward-looking statements are based on current expectations, which are subject to change. Sphere 3D Contacts Kurt Kalbfleisch CFO, Sphere 3D [email protected] To view the source version of this press release, please visit https://www.newsfilecorp.com/release/162628 View comments... - Reddit Posts (Sample): [['u/phthird', 'What is the safest mobile wallet for BTC right now?', 36, '2023-06-02 00:33', 'https://www.reddit.com/r/Bitcoin/comments/13xvini/what_is_the_safest_mobile_wallet_for_btc_right_now/', "Hey. I want to store my Bitcoin in the most trusted wallet on iOS right now. By that I mean that it has the best security in it, is not hacked, reliable and has a good reputation etc. Obviously, a non-custodial one.\n\nBecause I recently heard the news about Ledger, and in general the situation changes every month, I would like to know what is considered the best option for safe storage on iOS of Bitcoin nowadays.\n\nI am currently considering Blockstream Green, but would love to hear what you think and decide. Thank you all so much for your help!\n\nIf anything, I don't have the ability to buy a hardware wallet. Only from intermediaries, which makes no sense at all in this case. The amount of Bitcoin, however, is not so high to bother so much.", 'https://www.reddit.com/r/Bitcoin/comments/13xvini/what_is_the_safest_mobile_wallet_for_btc_right_now/', '13xvini', [['u/Different-Limit-2683', 27, '2023-06-02 00:54', 'https://www.reddit.com/r/Bitcoin/comments/13xvini/what_is_the_safest_mobile_wallet_for_btc_right_now/jmjhwi6/', 'Check BlueWallet.', '13xvini'], ['u/JBL709', 25, '2023-06-02 02:31', 'https://www.reddit.com/r/Bitcoin/comments/13xvini/what_is_the_safest_mobile_wallet_for_btc_right_now/jmjv4bi/', 'Blockstream Green', '13xvini'], ['u/Efficient_Diet_7839', 11, '2023-06-02 05:58', 'https://www.reddit.com/r/Bitcoin/comments/13xvini/what_is_the_safest_mobile_wallet_for_btc_right_now/jmkl10f/', 'Exodus. Amazing and responsive customer support too', '13xvini']]], ['u/middlemangv', "It doesn't matter how strong the project of the coin you invested in is, maybe it will resist a little at times, but eventually it will follow the price of Bitcoin. If Bitcoin goes down, the rest will follow.", 132, '2023-06-02 00:45', 'https://www.reddit.com/r/CryptoCurrency/comments/13xvtmv/it_doesnt_matter_how_strong_the_project_of_the/', 'Maybe that\'s what makes people call all the other cryptocurrencies as "altcoins". \n\nI think that it is clear to all of us, and it is also obvious, that no matter how good the project is, if Bitcoin goes down with the price, eventually the entire market will be painted in red. \n\nPeople say that one of the biggest reasons for this is trading pairs that favor Bitcoin, considering that most trading pairs are in BTC. So when Bitcoin goes down, so do trading pairs. \n\nAnother reason is the dominance of Bitcoin, i.e. the number or value of the entire crypto market capital, where Bitcoin leads with 44.2%. \n\n> "As of today, the market cap of Bitcoin (BTC) is at $521 Billion, representing a Bitcoin dominance of 44.22%. Meanwhile, Stablecoins\' market cap is at $130 Billion and has a 11.05% share of the total crypto market cap." - CoinGecko\n\nMost people see Bitcoin as the leader in the world of cryptocurrencies. Bitcoin is literally a market indicator and no matter how good the project you invested in is, possibly in the long run it will follow the price of Bitcoin. If Bitcoin collapses, it would be equivalent to a tsunami in the cryptocurrency market. The crypto market is closely tied to Bitcoin. \n\n[Bitcoin dominance](https://preview.redd.it/arthfuough3b1.png?width=1763&format=png&auto=webp&v=enabled&s=c20d1c5ef4468d25b8133ebd19fd882ed68e690e)', 'https://www.reddit.com/r/CryptoCurrency/comments/13xvtmv/it_doesnt_matter_how_strong_the_project_of_the/', '13xvtmv', [['u/Napoleon_246', 10, '2023-06-02 00:47', 'https://www.reddit.com/r/CryptoCurrency/comments/13xvtmv/it_doesnt_matter_how_strong_the_project_of_the/jmjgwaj/', 'It can be beneficial to find good alts before the masses catch onto them, however, we all must remember that at the end of the day, Bitcoin is King.', '13xvtmv'], ['u/cashpig000', 17, '2023-06-02 00:53', 'https://www.reddit.com/r/CryptoCurrency/comments/13xvtmv/it_doesnt_matter_how_strong_the_project_of_the/jmjhr7i/', "It's not difficult to understand btc maxis. I'm becoming one myself, this bear market showed me this.", '13xvtmv'], ['u/Calm_Lemonade', 12, '2023-06-02 00:54', 'https://www.reddit.com/r/CryptoCurrency/comments/13xvtmv/it_doesnt_matter_how_strong_the_project_of_the/jmjhutf/', 'I’m hoping for even higher Bitcoin dominance. \n\nAlso, don’t be like me and pick a coin that doesn’t go up when Btc does but gets absolutely demolished when it goes down.', '13xvtmv'], ['u/Tasigur1', 67, '2023-06-02 00:55', 'https://www.reddit.com/r/CryptoCurrency/comments/13xvtmv/it_doesnt_matter_how_strong_the_project_of_the/jmji1ez/', "Wait OP, so you are saying BTC is leading the crypto market and other coins will follow the price of BTC?!\n\nThat's a daring thesis 😅", '13xvtmv'], ['u/Baecchus', 29, '2023-06-02 02:32', 'https://www.reddit.com/r/CryptoCurrency/comments/13xvtmv/it_doesnt_matter_how_strong_the_project_of_the/jmjvbdx/', 'Not to brag but my shitcoins can go down even while BTC is going up. I must be soing something right.', '13xvtmv']]], ['u/Mr_DigDeeper', 'Gradually, Then Suddenly…Bitcoin Adoption.', 25, '2023-06-02 01:59', 'https://www.reddit.com/r/Bitcoin/comments/13xxihe/gradually_then_suddenlybitcoin_adoption/', 'All I can say is that these prices won’t last. You get in at the price you deserve. \n\n\nGradually, then suddenly.\n\n#Bitcoin Adoption', 'https://www.reddit.com/r/Bitcoin/comments/13xxihe/gradually_then_suddenlybitcoin_adoption/', '13xxihe', [['u/Baileus', 10, '2023-06-02 08:00', 'https://www.reddit.com/r/Bitcoin/comments/13xxihe/gradually_then_suddenlybitcoin_adoption/jmkwhk0/', 'DCA', '13xxihe'], ['u/Kasegigashira', 18, '2023-06-02 09:27', 'https://www.reddit.com/r/Bitcoin/comments/13xxihe/gradually_then_suddenlybitcoin_adoption/jml3bwk/', 'You sound like a guy who ends up buying at 40k instead of now.', '13xxihe'], ['u/edislucky', 10, '2023-06-02 09:54', 'https://www.reddit.com/r/Bitcoin/comments/13xxihe/gradually_then_suddenlybitcoin_adoption/jml5c76/', "I bought at 2k but sold all at 5k because I didn't understand it and thought it couldn't possibly ever ever go higher than that! \n\nYou buy at the price that moment, you HODL the price you deserve.", '13xxihe'], ['u/Loafmanuk', 13, '2023-06-02 10:15', 'https://www.reddit.com/r/Bitcoin/comments/13xxihe/gradually_then_suddenlybitcoin_adoption/jml6v6i/', "For Bitcoin to hit 5k again, the world will have to become a really shitty place, really quickly.\nI'm not saying it won't happen, anything is possible with these fucking psychopaths pulling the strings, but I for one hope we don't have to see that.", '13xxihe'], ['u/Mr_DigDeeper', 12, '2023-06-02 10:34', 'https://www.reddit.com/r/Bitcoin/comments/13xxihe/gradually_then_suddenlybitcoin_adoption/jml87kv/', 'I think 16k was the bottom in November', '13xxihe']]], ['u/WineglassConnisseur', 'Why aren’t y’all stacking?', 29, '2023-06-02 02:46', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/', 'How much is everyone stacking? At current prices, ~$250 million Bitcoin is created by mining every month.\n\nIt would take just $50 from every hodler in this subreddit in order to eviscerate this new supply. So again, why aren’t y’all stacking?', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/', '13xyjua', [['u/highspeed717', 55, '2023-06-02 02:53', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmjy1fe/', "I'm doing my part!!", '13xyjua'], ['u/clue5tick', 20, '2023-06-02 03:03', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmjz9qu/', "Maybe we've progressed. Maybe we're concentrating on building a strong, circular economy that we can rely on, instead of just repeating get-rich slogans?", '13xyjua'], ['u/Abundance144', 88, '2023-06-02 03:10', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmk089e/', "Why you assuming we aren't stacking?", '13xyjua'], ['u/covfefeer', 50, '2023-06-02 03:50', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmk5kbw/', 'I think your math is wrong. 900 bitcoin per day x $27000 = 24.3 million per day * 30 days = 729million', '13xyjua'], ['u/karl0525', 16, '2023-06-02 04:18', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmk98av/', 'Got me some Asics going brrrrrr. Does that count?', '13xyjua'], ['u/Skouaire', 12, '2023-06-02 04:34', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmkbak0/', "I have now enough coins.\n\nI'm investing elsewhere.\n\nMy newly acquired house, my newly found buisness, and my collectible car collection.\n\nLife's great, I don't need to be a billionaire after all.", '13xyjua'], ['u/lordsamadhi', 12, '2023-06-02 04:49', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmkd42p/', "I'm doing my part.", '13xyjua'], ['u/willmyfordmakeit', 20, '2023-06-02 04:50', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmkda39/', 'Imagine not buying rn. Whose this guy think he is?', '13xyjua'], ['u/Skouaire', 25, '2023-06-02 05:01', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmkemsp/', "My buisness accepts Bitcoin payments since 1 or 2 years. Something like that.\n\nI own a garage in western Europe. Guess how many times I've been paid in BTC ?\n\nZero.", '13xyjua'], ['u/CupNoodlesKing', 16, '2023-06-02 05:12', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmkfwy8/', 'I have no more money', '13xyjua'], ['u/quityourcunting', 13, '2023-06-02 07:21', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmkt1z6/', 'The only good bug is a dead bug!', '13xyjua'], ['u/WineglassConnisseur', 24, '2023-06-02 07:59', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmkwg0c/', 'I am retarded, so..', '13xyjua'], ['u/Skouaire', 11, '2023-06-02 12:54', 'https://www.red... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Traders work during the opening bell at the New York Stock Exchange (NYSE) on March 13, 2020 at Wall Street in New York City. Johannes Eisele/AFP/Getty Images The Dow soared 700 points to end the week as traders cheered the end of the debt ceiling fight. The Senate voted to send the bill to raise to country\'s borrowing limit for two years to Biden\'s desk. Markets were also encouraged by strong nonfarm payroll data that showed employers added 339,000 jobs in May. US stocks soared on Friday, with markets feeling upbeat about the end of the debt ceiling showdown and a strong May payroll report. The Dow Jones Industrial Average spiked 700 points, or more than 2%, climbing steadily through the session, while the Nasdaq and S&P 500 were each up over 1%. The Senate late Thursday voted to send the bill that would raise the US borrowing limit for two years to President Joe Biden\'s desk to be signed. The move ends weeks of tense negotiations that brought the country to the brink of defaulting on some of its obligations. Treasury Secretary Janet Yellen had warned that the US would run out of cash in early June without raising the debt ceiling. Meanwhile, on Friday morning, markets got a glimpse of the still red-hot labor market. Nonfarm payroll data for May showed that employers added 339,000 jobs last month , blowing past estimates of 180,000. The strong reading could complicate the Federal Reserve\'s approach to fighting inflation, though it was tempered by an increase in the unemployment rate and slower wage gains. Markets have been expecting the Fed to pause raising rates at the upcoming policy meeting this month, but a hot labor market could convince officials to maintain pressure to discourage any resurgence in inflation. As of Friday afternoon, fed fund futures were still showing about 70% odds that the Fed holds off on another rate hike, according to the CME FedWatch Tool. Here\'s where US indexes stood at the 4:00 p.m. ET close on Friday: S&P 500 : 4,282.37, up 1.45% Dow Jones Industrial Average : 33,762.76, up 2.12% (701.19 points) Nasdaq Composite : 13,240.77, up 1.07% Story continues Here\'s what else is happening: Even the biggest winners of the surge in Nvidia\'s stock price are taking some chips off the table as the AI hype train goes into overdrive. Russia\'s foreign minster accused the West of "financial blackmail." The comment comes as the economic bloc known as the BRICS considers adding Saudi Arabia and Iran. Extreme bearishness means that stocks could be facing big gains . Bank of America said this week that when investors are this downbeat, there\'s upside coming. The bank said the S&P 500 could jump 16% in the coming year. In commodities, bonds, and crypto: Oil got a boost from the strong US jobs data. West Texas Intermediate crude jumped 2.75% to $72.03 a barrel. Brent, the international benchmark, rose 2.85% to $76.40. Gold dipped by 1.5% to $1,966 an ounce. The yield on the 10-year US Treasury rose eight basis points to 3.69%. Bitcoin edged up 1.6% to $27,273. Read the original article on Business Insider', '• The Dow soared 700 points to end the week as traders cheered the end of the debt ceiling fight.\n• The Senate voted to send the bill to raise to country\'s borrowing limit for two years to Biden\'s desk.\n• Markets were also encouraged by strong nonfarm payroll data that showed employers added 339,000 jobs in May.\nUS stocks soared on Friday, with markets feeling upbeat about the end of the debt ceiling showdown and a strong May payroll report.\nThe Dow Jones Industrial Average spiked 700 points, or more than 2%, climbing steadily through the session, while the Nasdaq and S&P 500 were each up over 1%.\nThe Senate late Thursday voted to send the bill that would raise the US borrowing limit for two years to President Joe Biden\'s desk to be signed. The move ends weeks of tense negotiations that brought the country to the brink of defaulting on some of its obligations. Treasury Secretary Janet Yellen had warned that the US would run out of cash in early June without raising the debt ceiling.\nMeanwhile, on Friday morning, markets got a glimpse of the still red-hot labor market. Nonfarm payroll data for Mayshowed that employers added 339,000 jobs last month, blowing past estimates of 180,000.\nThe strong reading could complicate the Federal Reserve\'s approach to fighting inflation, though it was tempered by an increase in the unemployment rate and slower wage gains.\nMarkets have been expecting the Fed to pause raising rates at the upcoming policy meeting this month, but a hot labor market could convince officials to maintain pressure to discourage any resurgence in inflation. As of Friday afternoon, fed fund futures were still showing about 70% odds that the Fed holds off on another rate hike, according to the CME FedWatch Tool.\nHere\'s where US indexes stood at the 4:00 p.m. ET close on Friday:\n• S&P 500:4,282.37, up 1.45%\n• Dow Jones Industrial Average:33,762.76, up 2.12% (701.19 points)\n• Nasdaq Composite:13,240.77, up 1.07%\nHere\'s what else is happening:\n• Even the biggest winners of the surge in Nvidia\'s stock price are taking some chips off the tableas the AI hype train goes into overdrive.\n• Russia\'s foreign minster accused the West of "financial blackmail."The comment comes as the economic bloc known as the BRICS considers adding Saudi Arabia and Iran.\n• Extreme bearishness means that stocks could be facing big gains. Bank of America said this week that when investors are this downbeat, there\'s upside coming. The bank said the S&P 500 could jump 16% in the coming year.\nIn commodities, bonds, and crypto:\n• Oil got a boost from the strong US jobs data. West Texas Intermediate crude jumped 2.75% to $72.03 a barrel. Brent, the international benchmark, rose 2.85% to $76.40.\n• Gold dipped by 1.5% to $1,966 an ounce.\n• The yield on the 10-year US Treasury rose eight basis points to 3.69%.\n• Bitcoin edged up 1.6% to $27,273.\nRead the original article onBusiness Insider', 'Dr. John Forsyth, a missing emergency room doctor from Missouri was found dead in Arkansas from an apparent gunshot wound, authorities confirmed Wednesday, May 31, 2023 but they\'re still investigating what happened in the week since he was last seen. Jason Musgrave via AP A doctor in the Ozarks who Forbes called a Bitcoin millionaire went missing in Missouri on May 21. His body was found with an apparent gunshot wound in an Arkansas lake on May 30. Investigators have released few details to his family or the public. A doctor in the Missouri Ozarks went missing for over a week until his body was found in an Arkansas lake. But the case remains mysterious as investigators have released few details to his family or the public. Dr. John Forsyth, 49, was last seen alive on May 21, when security cameras in the parking lot of a public pool in Cassville show him getting into another vehicle after leaving his own car unlocked with his wallet, two phones, a laptop, and other items inside. That\'s according to his brother, Richard Forsyth, who added that the doctor had texted his new fiancée that morning, saying he would see her soon. His car was found later that day. Investigators haven\'t said who was driving the other vehicle. A search began after the emergency room physician didn\'t show up for his May 21 shift at Mercy Hospital in Cassville. There was no sign of Forsyth until a kayaker noticed his body in Arkansas on May 30 at Beaver Lake, some 20 miles from his last known location. His body had an apparent gunshot wound, authorities in Arkansas said. Although Benton County Coroner Daniel Oxford said an autopsy was completed Thursday, the results won\'t be released until the investigation ends. His family rejects any suggestion he took his own life. Richard Forsyth told The Daily Beast that the doctor\'s behavior was unusual. "He wouldn\'t miss a shift even if his eyeballs were hanging out of their sockets," he said. "It was an immediate red flag." Other family members said John Forsyth was a devoted father to his eight kids and seemed happier than he\'d been in a long time. They said he never missed a day of work and would often sleep in an RV outside the hospital when he was on call. Story continues Dr. Forsyth, who studied mathematics as an undergraduate, founded a decentralized cryptocurrency called Onfo, Forbes reported in 2020. "It became obvious to me that math-based currencies (like Bitcoin) would eventually supplant sovereign notes. I mined Bitcoin and Litecoin very early on and held onto them," he told Forbes. "The massive appreciation of those assets allowed me to invest in other cryptocurrency technology which ultimately led to the development of Onfo, a platform that helps people earn money through network mining." Authorities have not said whether they believe Forsyth was killed or took his own life. Initially, when Forsyth\'s empty car was found, investigators said there were no signs of foul play. But that was before the body was found. Shannon Jenkins, the Benton County Sheriff\'s Department spokesperson, said Friday that "there is no immediate threat to the public," but declined to provide more details. She said no further information would be released until the investigation is completed. It\'s also unclear what Forsyth\'s connection might be to the second vehicle seen on the surveillance video. Authorities have not confirmed any information about the video, including if it was taken before or after Forsyth may have texted his fiancée. There\'s also no information on how Forsyth got from Cassville to Beaver Lake, when and where he died, or if investigators have found a weapon. Forsyth was born in Idaho in 1974, according to online records. He was the third of seven children, his sister Gina Forsyth-Farlaino said. Newly engaged, Forsyth was also recently divorced. On May 10 of this year, a judge ordered Forsyth to pay his ex-wife $3,999 in child support a month, plus another $15,000 a mon Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-03 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $527,188,193,400 - Hash Rate: 331093463.8956832 - Transaction Count: 381453.0 - Unique Addresses: 635282.0 Social & AI Sentiment: - Fear & Greed Index: 0.53 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin rebounded above the US$30,000 mark and Ether gained ground on Wednesday morning in Asia after Gary Gensler, the chair of the U.S. Securities and Exchange Commission, was criticized in a congressional hearing for a raft of regulations he plans to introduce, including his approach to cryptocurrencies. All top 10 non-stablecoin tokens gained as Gensler faced pushback over thefines and lawsuitshe has filed against crypto platforms. Polkadot led the winners. U.S. equity futures traded lower in Asia after Wall Street closed flat on Tuesday. See related article:SEC’s Gary Gensler dodges question on whether Ethereum is a security • Bitcoin rose 3.30% to US$30,248 in the 24 hours to 09:00 a.m. in Hong Kong, according toCoinMarketCap data. Despite a dip below the US$30,000 mark this week after the SEC sued the Bittrex exchange, the world’s biggest cryptocurrency with a market capitalization of US$584 billion, has gained more than 80% so far this year. • Ether moved up 1.21% to US$2,100, gaining 11.15% in the past seven days. The world’s second largest cryptocurrency has been fluctuating around the US$2,100 mark in the past five days. Data from on-chain analysis companyCryptoQuantshowed a slump inEthereum-related purchases on crypto exchangesafter the blockchain’s Shanghai upgrade on April 13. • Polkadot led the winners, gaining 3.38% to US$6.89 and adding 7.11% for the week. • In the Congressionalhearingon Tuesday, the SEC’s Gensler said in preparedtestimonythat “the vast majority of crypto tokens are securities” but dodged the question of whether Ether is a security or commodity when asked by Patrick McHenry, Chairman of the House Financial Services Committee. • Ahead of the hearing, all Republicans on the committee, led by McHenry, criticized Gensler in aletteron the SEC’s approach to digital assets, which said “the SEC has forced digital asset market participants into regulatory frameworks that are neither compatible with the underlying technology nor applicable because the firms’ activities do not involve an offering of securities,” and “the only entity to blame for the lack of registrants is the SEC itself.” • XRP rose 3.17% to US$0.5285 for a weekly gain of 2.80%. Ripple Labs, whose crypto payment platform is powered by XRP, is another crypto-related platform in dispute with regulators. TheSEC filed a lawsuitin December 2020 alleging Ripple sold US$1.38 billion in XRP as an unregistered security. The case is still before a U.S. court and a ruling is expected later this year. • The total crypto market capitalization rose 2.29% in the past 24 hours to US$1.28 trillion. The total trading volume over the last 24 hours moved up 5.53% to US$46.85 billion. • In the NFT market, the Forkast 500 NFT index edged up 0.32% to 4,061.33 in the 24 hours to 09:00 a.m. in Hong Kong, a gain of 2.04% for the week. The index is a proxy measure of the performance of the global NFT market and includes 500 eligible smart contracts on any given day. It is managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella. • Theaverage sales priceof NFTs in U.S. dollars has increased in April, rising from around US$110 on April 1 to over US$131 on Wednesday, a move that can be attributed to a general rally in cryptocurrencies, said Yehudah Petscher, an NFT Strategist at Forkast Labs. • U.S. stock futures traded lower to little changed as of 9:00 a.m. in Hong Kong. The Dow Jones Industrial Average dipped 0.11%. The S&P 500 futures inched 0.07% lower. The Nasdaq Composite Index dropped 0.09%. • The three U.S. equity indexes closed mixed on Tuesday. First quarter earnings at U.S. companies are generally better than expected, but Atlanta Federal Reserve PresidentRaphael Bosticand St. Louis Fed PresidentJames Bullardsaid in separate interviews they envisioned interest rate hikes to continue in 2023. • U.S. interest rates are currently between 4.75% to 5%, the highest since June 2006. Analysts at theCME Groupnow see a 15.2% chance the Fed will leave interest rates unchanged at its next meeting on May 3, while 84.8% predict a 25-basis-point increase, up from 84.4% on Tuesday. See related article:U.S. House Financial Services Committee releases draft stablecoin bill for Wednesday hearing... - Reddit Posts (Sample): [['u/Tellin_Truths', "Homelessness - Why it's really happening. Let me know if I miss anything.", 23, '2023-06-03 01:36', 'https://www.reddit.com/r/conspiracy/comments/13ytlsx/homelessness_why_its_really_happening_let_me_know/', 'It\'s all part of the enslavement of humanity.\n\n[https://www.youtube.com/shorts/4Q-dOZCzBSo](https://www.youtube.com/shorts/4Q-dOZCzBSo)\n\n1970\'s - Richard Nixon created the war on drugs in 1971, two weeks after he took the country off the Gold Standard, and then Nixon sent Kissinger to China, also in 1971, to begin moving the U.S. manufacturing to China. Everything points to 1971. Think Nixon, Kissinger, and Kennedy getting offed.\n\n[https://wtfhappenedin1971.com/](https://wtfhappenedin1971.com/)\n\n1980\'s - Ronald Reagan makes Nixon\'s War on Drugs main stream by utilizing Nancy\'s DARE. They put eggs on frying pans and used the phrase, "this is your brain, this is your brain on drugs, any questions," then began flying in drugs (mainly cocaine) from Columbia and Nicaragua. The CIA then turned a good portion of the coke into crack, using the LA Gangs, and had them deliver it to all the major metropolitan centers throughout the U.S. Reagan even gave Barry Seal an airport in Arkansas because Bill Clinton was Governor of Arkansas at the time, and President Bush continued with the whole process after Reagans presidency. This is what set the stage for the increase of the U.S. prison population from under 200,000 in 1971 to over 2,000,000 slaves in custody today. Drugs.\n\n[https://www.youtube.com/watch?v=WBreuW9LLSw](https://www.youtube.com/watch?v=WBreuW9LLSw)\n\n1980\'s - Richard Nixon\'s removal of the gold standard, Paul Volkert\'s raising of the interest rates to 20%, the invention of credit scores, and Ronald Reagan\'s trickle down economics set the stage to make America\'s middle class poorer and poorer while simultaneously creating the environment so the rich could get super fucking rich... and I mean super duper fucking rich.\n\n[https://www.youtube.com/watch?v=LXJRbju5YfE](https://www.youtube.com/watch?v=LXJRbju5YfE)\n\n1990\'s - Bill Clinton made "The Biden Crime Act" law, and went after the kids too, as mass incarceration of adults wasn\'t enough. He wanted kids in prison also. This gave a boost to the For-Profit-Prison-Industrial-Complex and struck a massive blow to the middle class, that were in the process of being systematically transitioned to lower class.\n\n[https://www.youtube.com/watch?v=0DcN6wNKxZA](https://www.youtube.com/watch?v=0DcN6wNKxZA)\n\n1990\'s - Agenda 21 was also created in the 1990\'s by the United Nations and the Rockefeller Foundation. This is the original "Great Reset". Klaus Schwab later came in, partnered with the UN, and became the public front man for UN Agenda 21, but changed it\'s original name to the "Great Reset". This is the reason much of the crazy oppressions kind of stopped in 2021. UN Agenda 2021 was over and UN Agenda 2030 was beginning. The Great Reset.\n\n[https://en.wikipedia.org/wiki/Agenda\\_21](https://en.wikipedia.org/wiki/Agenda_21)\n\n2000\'s - It was now time to go after middle class homes. A guy named Larry Fink worked for Black Stone and created these things called Mortgage Backed Securities. He then started a company called Black Rock when he left Black Stone. In 2007, Jacob Rothschild went to work for Black Stone to oversee the collapse of the US housing market, using Larry Fink\'s Mortgage Backed Securities. When Black Rock collapsed the market, Black Stone created Invitation Homes to buy up all of the financially distressed homes for pennies on the dollar. This was the beginning of the rental economy, as Invitation Homes rented the houses out to the same people they foreclosed on for hundreds of dollars more per month than they were paying to buy their house, and Jacob Rothschild left the Black Stone Board in 2009 after the collapse was complete.\n\n[https://www.youtube.com/watch?v=csRQhz\\_2Ls8](https://www.youtube.com/watch?v=csRQhz_2Ls8)\n\n2000\'s - The 2nd George Bush created the Patriot Act, he said due to the 9/11 World Trade Center Bombing, that they orchestrated. This was to put into law, the rules they deemed necessary to circumvent the U.S. Constitution, and continue whittling away rights to enslave the people. They succeeded. TSA and Homeland Security were created which gave the policing agency\'s vast powers over the people of America. Notice they never gave back the powers. Our rights are still being progressively eroded more and more, and the policing authorities were allotted the ability to attain weapons of war and use them against the American populace.\n\n[https://www.youtube.com/shorts/yNQCBd6DzjE](https://www.youtube.com/shorts/yNQCBd6DzjE)\n\n2010\'s - Bitcoin was created in 2009 as a test for the new financial system, as the bankers were now preparing to collapse the dollar. They needed to test the Blockchain. Elon Musk and Peter Theil probably created Bitcoin, as they created Paypal too. It\'s how Musk originally got rich. So, they tested the block chain by making Bitcoin open source. This allowed all of the most prominent coders of the world to detect weaknesses in the Blockchain, which would eventually become the bedrock of the new slave system, now called Central Bank Digital Currencies (CBDC).\n\n[https://www.youtube.com/watch?v=rpNnTuK5JJU](https://www.youtube.com/watch?v=rpNnTuK5JJU)\n\n2010\'s - Simultaneously, Obama began militarizing the police and they went after everyone. The courts (judges/ prosecuting attorneys) also began recruiting and promoting sociopathic individuals that were dead set on filling up the new For-Profit-Prisons. Guilty or Innocent. Defense attorneys became afraid of the prosecuting attorneys and no longer defended their clients. Mandatory minimum sentencing guidelines were set, and strict indentured servitude requirements were implemented for those released. The infrastructure for the police state was setup and 10% of US males were now under some form of indentured servitude to the state.\n\n[https://www.youtube.com/watch?v=cIqNdnDmix0](https://www.youtube.com/watch?v=cIqNdnDmix0)\n\n2020\'s - Time to implement COVID and take out the small and medium sized businesses to make way for the Public-Private-Partnerships. Public-Private-Partnerships (PPP) will be the basis of Universal Basic Income (UBI). Everyone will be allotted shares of the new PPP\'s which will pay UBI in the form of CBDC\'s. UN Agenda-21 transformed into UN Agenda 2030, which has been rebranded into Klaus Schwab\'s "Great Reset", is now in full effect. Many of the small and medium sized businesses were taken out. Many people died from the virus and the shot. The next step will probably be to collapse the housing market. Militarized Police are dominating everywhere. Those unfortunate souls who get caught in their web have all their worldly possessions stolen from them, and many are forced into homelessness. Homeless people are flooding the streets because of all the shit I just listed... including drugs, felony records, and no hope.\n\n[https://www.youtube.com/watch?v=k6E6zZy0B5M](https://www.youtube.com/watch?v=k6E6zZy0B5M)\n\nYou will own nothing and be happy. Everything you want you\'ll rent.\n\nAKA - Total Slavery.', 'https://www.reddit.com/r/conspiracy/comments/13ytlsx/homelessness_why_its_really_happening_let_me_know/', '13ytlsx', [['u/banditorama', 13, '2023-06-03 01:48', 'https://www.reddit.com/r/conspiracy/comments/13ytlsx/homelessness_why_its_really_happening_let_me_know/jmoihew/', "The big thing you're missing is the gutting of manufacturing jobs over time too. That's what made the middle class originally", '13ytlsx'], ['u/Metalgrowler', 10, '2023-06-03 06:39', 'https://www.reddit.com/r/conspiracy/comments/13ytlsx/homelessness_why_its_really_happening_let_me_know/jmpf5mh/', 'You should add in credit scores which only became a thing in like 1989', '13ytlsx']]], ['u/Coracm41', 'Winklevoss Twins present Prime Minister of Ireland with Bitcoin PEZ Dispenser.', 213, '2023-06-03 02:48', 'https://www.reddit.com/r/Bitcoin/comments/13yv8z8/winklevoss_twins_present_prime_minister_of/', 'Reason being, Gemini has officially announced Ireland for European HQ', 'https://i.redd.it/w55sv0c1ap3b1.jpg', '13yv8z8', [['u/Walla_Walla_26', 30, '2023-06-03 06:45', 'https://www.reddit.com/r/Bitcoin/comments/13yv8z8/winklevoss_twins_present_prime_minister_of/jmpfq68/', 'These fucking guys. I’m surprised they are showing their faces in public. I’d be pissed if my money was still locked up in that Gemini Earn product…. Then again, Mashinsky is walking around free and his platform collapsed completely with everyone’s money', '13yv8z8'], ['u/reasec', 17, '2023-06-03 08:54', 'https://www.reddit.com/r/Bitcoin/comments/13yv8z8/winklevoss_twins_present_prime_minister_of/jmpqa9e/', 'Those two looks like clones from the matrix movie.', '13yv8z8'], ['u/saschofield', 24, '2023-06-03 09:57', 'https://www.reddit.com/r/Bitcoin/comments/13yv8z8/winklevoss_twins_present_prime_minister_of/jmputmd/', 'Hang on, the two most boring billionnaires on the planet are out here gifting PEZ dispensers..?', '13yv8z8'], ['u/Ibite8723', 13, '2023-06-03 16:08', 'https://www.reddit.com/r/Bitcoin/comments/13yv8z8/winklevoss_twins_present_prime_minister_of/jmqr23c/', 'Still more human looking than Zuckerberg,', '13yv8z8']]], ['u/ginevrababy', 'Common scams and tricks that you may find if you sell on Reddit (+ how to stay out of trouble if you post in selling subs)', 66, '2023-06-03 03:14', 'https://www.reddit.com/r/SellerCircleStage/comments/13yvvzb/common_scams_and_tricks_that_you_may_find_if_you/', 'I have been selling since 2020 and I have been scammed a few times too, I have OF only on the side and mainly sell on Reddit because it\'s easier and faster for me.\n\nScammers have become more and more creative and now I have become more careful. Also, it\'s easy to waste time entertaining losers who have no intention buying but get a kic... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["SAN FRANCISCO, CA / ACCESSWIRE / June 3, 2023 / Introducing Reportscammedbitcoin.com is a website that allows users to report crypto losing cases and other wrong crypto transactions while also being able to track cryptocurrency transactions. The site enables users to input a wallet address, transaction ID, or block number to track the transaction. The site also provides an email form to report the details case. ReportScammedBitcoin, Saturday, June 3, 2023, Press release picture The platform has been designed to assist users in tracing stolen or lost bitcoins. This feature becomes a valuable resource for both law enforcement and private individuals seeking to recover lost or stolen cryptocurrency. The most unique feature of reportscammedbitcoin.com is its blockchain explorer. This feature allows users to view all the data associated with a particular address or transaction. Its search engine makes it easy to find specific addresses or transactions. The notifications system alerts users when a keyword or phrase appears in the blockchain. In addition to these features, Reportscammedbitcoin.com also offers an API that enables developers to build applications on top of the site's data. This API gives developers access to all the same data available through the site's web interface, making it possible to create a wide variety of new and innovative tools for tracking cryptocurrency transactions. To use this feature, users need to provide the site with as much information as possible about the transaction that took place. This includes the date and time of the transaction, the addresses involved, and any other relevant details. Then, the platform uses this information to try to track down the transaction on the blockchain. Once the transaction is found, the platform provides the user with information about where the coins were sent next. This information can be used to try to recover the funds. While there are no guarantees of success, it is worth a try if someone has been lost their hard-earned money. Story continues Another great feature is the ability to see all the outgoing and incoming transactions from a particular address. This can be used to identify which services or exchanges has been used, as well as any other addresses they may have used in the past. The site also includes a number of other useful resources, such as a list of common incidents, advice on how to avoid being trapped, and even a forum where users can share information and help each other out. All in all, Reportscammedbitcoin.com is an invaluable resource for anyone who wants to stay safe when using cryptocurrency. Whether individuals are looking to prevent themselves from becoming victims or want to help track down those who have been the victim of this incident, this site is definitely worth checking out. If someone has been the victim, it is very important to track the digital currency first, according to ReportScammedBitcoin 's experts. They can assist in tracking the lost crypto into the complex world of cryptocurrency. One option is to contact the exchange where the money was sent and file a dispute. Many exchanges have policies in place to help victims recover their money. Another option is to contact law enforcement - these types of stealing are considered a type of financial crime, and they may be able to help track down the perpetrators and recover the money. The site has a database of over 2 million addresses associated with known similar cases, and it uses blockchain analysis to help victims track down where their money went. If someone has lost his cryptocurrency, they should definitely check out ReportScammedBitcoin.com - it could be the key to getting their money back. Users can contact the platform through the website form. When they fill out the form with all the details, the platform will contact them and provide a free consultation. During the consultation, they will receive guidance and recommendations for recovery service providers that can help them recover the lost funds. About Company The capability to trace cryptocurrency transactions back to their source is invaluable. Reportscammedbitcoin.com provides a reliable and secure platform that not only makes it easier for users to track their own crypto assets but also assists law enforcement in investigation efforts when tackling money laundering issues. With new data being added every day, this website is certainly set to become an essential resource in helping navigate the increasingly complex landscape of the crypto-sphere with greater accuracy and efficiency. Media Contact Organization: ReportScammedBitcoin Contact Person: Zella Redd Website: https://reportscammedbitcoin.com Email: [email protected] Contact Number: +14809486042 City: San Francisco State: California Country: United States SOURCE: ReportScammedBitcoin View source version on accesswire.com: https://www.accesswire.com/759093/Introducing-reportscammedbitcoincom-The-Platform-for-Tracing-Cryptocurrency-Transactions-and-Restoring-Lost-Assets", "SAN FRANCISCO, CA / ACCESSWIRE / June 3, 2023 /Introducing Reportscammedbitcoin.com is a website that allows users to report crypto losing cases and other wrong crypto transactions while also being able to track cryptocurrency transactions. The site enables users to input a wallet address, transaction ID, or block number to track the transaction. The site also provides an email form to report the details case.\nThe platform has been designed to assist users in tracing stolen or lost bitcoins. This feature becomes a valuable resource for both law enforcement and private individuals seeking to recover lost or stolen cryptocurrency.\nThe most unique feature of reportscammedbitcoin.com is its blockchain explorer. This feature allows users to view all the data associated with a particular address or transaction. Its search engine makes it easy to find specific addresses or transactions. The notifications system alerts users when a keyword or phrase appears in the blockchain.\nIn addition to these features,Reportscammedbitcoin.comalso offers an API that enables developers to build applications on top of the site's data. This API gives developers access to all the same data available through the site's web interface, making it possible to create a wide variety of new and innovative tools for tracking cryptocurrency transactions.\nTo use this feature, users need to provide the site with as much information as possible about the transaction that took place. This includes the date and time of the transaction, the addresses involved, and any other relevant details.\nThen, the platform uses this information to try to track down the transaction on the blockchain. Once the transaction is found, the platform provides the user with information about where the coins were sent next. This information can be used to try to recover the funds. While there are no guarantees of success, it is worth a try if someone has been lost their hard-earned money.\nAnother great feature is the ability to see all the outgoing and incoming transactions from a particular address. This can be used to identify which services or exchanges has been used, as well as any other addresses they may have used in the past. The site also includes a number of other useful resources, such as a list of common incidents, advice on how to avoid being trapped, and even a forum where users can share information and help each other out.\nAll in all, Reportscammedbitcoin.com is an invaluable resource for anyone who wants to stay safe when using cryptocurrency. Whether individuals are looking to prevent themselves from becoming victims or want to help track down those who have been the victim of this incident, this site is definitely worth checking out.\nIf someone has been the victim, it is very important to track the digital currency first, according toReportScammedBitcoin's experts. They can assist in tracking the lost crypto into the complex world of cryptocurrency.\nOne option is to contact the exchange where the money was sent and file a dispute. Many exchanges have policies in place to help victims recover their money. Another option is to contact law enforcement - these types of stealing are considered a type of financial crime, and they may be able to help track down the perpetrators and recover the money.\nThe site has a database of over 2 million addresses associated with known similar cases, and it uses blockchain analysis to help victims track down where their money went. If someone has lost his cryptocurrency, they should definitely check out ReportScammedBitcoin.com - it could be the key to getting their money back.\nUsers can contact the platform through the website form. When they fill out the form with all the details, the platform will contact them and provide a free consultation. During the consultation, they will receive guidance and recommendations for recovery service providers that can help them recover the lost funds.\nAbout Company\nThe capability to trace cryptocurrency transactions back to their source is invaluable. Reportscammedbitcoin.com provides a reliable and secure platform that not only makes it easier for users to track their own crypto assets but also assists law enforcement in investigation efforts when tackling money laundering issues. With new data being added every day, this website is certainly set to become an essential resource in helping navigate the increasingly complex landscape of the crypto-sphere with greater accuracy and efficiency.\nMedia ContactOrganization: ReportScammedBitcoinContact Person: Zella ReddWebsite:https://reportscammedbitcoin.comEmail:[email protected] Number: +14809486042City: San FranciscoState: CaliforniaCountry: United States\nSOURCE:ReportScammedBitcoin\nView source version on accesswire.com:https://www.accesswire.com/759093/Introducing-reportscammedbitcoincom-The-Platform-for-Tracing-Cryptocurrency-Transactions-and-Re Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-04 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $528,256,126,500 - Hash Rate: 376937174.2812394 - Transaction Count: 364020.0 - Unique Addresses: 588801.0 Social & AI Sentiment: - Fear & Greed Index: 0.52 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: With a price-to-sales (or "P/S") ratio of 0.1x Bitcoin Well Inc. ( CVE:BTCW ) may be sending very bullish signals at the moment, given that almost half of all the Software companies in Canada have P/S ratios greater than 2.7x and even P/S higher than 9x are not unusual. However, the P/S might be quite low for a reason and it requires further investigation to determine if it's justified. Check out our latest analysis for Bitcoin Well ps-multiple-vs-industry How Has Bitcoin Well Performed Recently? For example, consider that Bitcoin Well's financial performance has been poor lately as its revenue has been in decline. One possibility is that the P/S is low because investors think the company won't do enough to avoid underperforming the broader industry in the near future. If you like the company, you'd be hoping this isn't the case so that you could potentially pick up some stock while it's out of favour. We don't have analyst forecasts, but you can see how recent trends are setting up the company for the future by checking out our free report on Bitcoin Well's earnings, revenue and cash flow. Is There Any Revenue Growth Forecasted For Bitcoin Well? The only time you'd be truly comfortable seeing a P/S as depressed as Bitcoin Well's is when the company's growth is on track to lag the industry decidedly. In reviewing the last year of financials, we were disheartened to see the company's revenues fell to the tune of 42%. Spectacularly, three year revenue growth has ballooned by several orders of magnitude, despite the drawbacks experienced in the last 12 months. Therefore, it's fair to say the revenue growth recently has been superb for the company, but investors will want to ask why it is now in decline. Comparing that recent medium-term revenue trajectory with the industry's one-year growth forecast of 19% shows it's noticeably more attractive. In light of this, it's peculiar that Bitcoin Well's P/S sits below the majority of other companies. Apparently some shareholders believe the recent performance has exceeded its limits and have been accepting significantly lower selling prices. Story continues The Final Word While the price-to-sales ratio shouldn't be the defining factor in whether you buy a stock or not, it's quite a capable barometer of revenue expectations. Our examination of Bitcoin Well revealed its three-year revenue trends aren't boosting its P/S anywhere near as much as we would have predicted, given they look better than current industry expectations. Potential investors that are sceptical over continued revenue performance may be preventing the P/S ratio from matching previous strong performance. At least price risks look to be very low if recent medium-term revenue trends continue, but investors seem to think future revenue could see a lot of volatility. Having said that, be aware Bitcoin Well is showing 5 warning signs in our investment analysis, you should know about. If you're unsure about the strength of Bitcoin Well's business , why not explore our interactive list of stocks with solid business fundamentals for some other companies you may have missed. 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 Youll 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... - Reddit Posts (Sample): [['u/Status_Floor1746', 'DOT vs ATOM', 36, '2023-06-04 00:26', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/', ' I have recently decided to try and branch out from the two main cryptos I own (BTC and ETH). While other projects have recently caught my eye I have decided that this time I would like to focus on blockchains that specialize in scalability. Since I came into some unexpected crypto via an airdrop and since then have not touched it yet want to move out of the token I wanted to first come here and see what people thought. It is my understanding that the two leaders in this scalability space are Polkadot and Cosmos (DOT and ATOM). Before I deep dive into the two I wanted to see what the community here thought about the two and which blockchain would you want to invest in and why would that be?', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/', '13zrvmc', [['u/Cold-Speech1325', 20, '2023-06-04 00:31', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/jmsmonr/', 'This sub said DOT is good so it must be good.', '13zrvmc'], ['u/the_spiritual_eye', 65, '2023-06-04 00:38', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/jmsnlp8/', 'You have no idea about the war you just started here.', '13zrvmc'], ['u/Odlavso', 40, '2023-06-04 00:42', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/jmso4s3/', 'Cosmos seems to a more active community and also more things going on. \n \nDOT supposedly has a lot going on in the background. \n \nMy ATOM bag is holding up better than my DOT bag price wise', '13zrvmc'], ['u/0ne_too', 15, '2023-06-04 01:04', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/jmsqs9a/', "I'm biased as hell, i love Cosmos. Love the wallet, love the app chains, love the community despite the high DPS(drama per second), love the tech stack, love what's coming in the near to not so near future, love some of the devs/validators, some not so much. Love being able to move my assets around with IBC, which is a communications protocol not a bridge, for pennies or less. \n\nLove the fact that Cosmos ships. We passed the vote to build Interchain Security last July and ICS just went live last month. Less than a year for a pretty significant upgrade to Atom. \n\nI really like being able to know and chose who i delegate(stake) to. And being able to re-delegate if I don't feel aligned with them anymore. \n\nI could go on. \n\nI have a bag of dot staking. Talisman is fine. Stellaswap is ok. Acala is a shitshow. Japan is carrying Astar which is fine good for them. Auctions are not it. I really don't like the...lets call it phraseology of Polkadot. They make things way harder than they need to be imo. And i don't run into this anywhere other than Dot really. \n\nDot is fine. It's not for me. If it's your lane and you're happy with your investments in Dot and the dot ecosystem then it's all good.", '13zrvmc'], ['u/Odlavso', 14, '2023-06-04 01:19', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/jmsspol/', "I've honestly been thinking of selling my DOT bag and going all in on ATOM. DOT staking is so much more complicated and I hate not seeing my balance in my wallet by using pools. ATOM is much easier and with the extra staking rewards coming soon from the consumer chains it seems like the better move.", '13zrvmc'], ['u/Octopus-Pawn', 14, '2023-06-04 01:35', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/jmsuqq5/', 'Since they both lean on the principle of interoperability and anticipate a multi-coin future, I can’t see why they can’t both thrive in the future. They are both excellent projects.', '13zrvmc'], ['u/in_hodl_we_trust', 12, '2023-06-04 01:41', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/jmsvdgm/', 'I highly recommend using both before deciding.', '13zrvmc'], ['u/MakeItRelevant', 27, '2023-06-04 02:07', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/jmsym11/', 'Polkadot is a bit more radical in its approach to connecting different blockchains, while Cosmos offers a more structured and organized framework for interoperability. I have both, but more DOT especially because of Substrate itself.', '13zrvmc'], ['u/Potential_Nerve_3779', 10, '2023-06-04 03:56', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/jmtbcia/', 'By radical do you mean confusing the lacking any smart considerations?', '13zrvmc'], ['u/Spicoli007', 20, '2023-06-04 06:12', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/jmtpxb5/', "Lol! So right. So I'm going to fire away. ATOM :)", '13zrvmc'], ['u/BetterNotLouder', 11, '2023-06-04 08:42', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/jmu2klo/', 'Firing back with rapid fire: dot, dot, dot, dot, dot', '13zrvmc']]], ['u/Affectionate-Dig4280', 'Just got scammed', 11, '2023-06-04 01:48', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/', 'I am thought that if there is a SD out there that him and I had mutual benefits that I would be okay. Turns out to be called a romance scam. So from one struggling momma that was interested in sugar dating is it real?\n\nSo the scam was incase you don’t want to run through the comments: He and I met online and was suppose to meet when he got off a cruise ship that he told me he works on. He paid my cellphone bill so we can continue to talk (which is now getting shit off) then I thought he was a real guy for paying that and he asked for my bank account and log in. He deposited $5000 3 times without talking to me. Had me transfer $2700 over to cashapp and send him bitcoinns. Mean while I was waiting for the rest to clear it never did.', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/', '13zu3fv', [['u/SugarBabyVet', 19, '2023-06-04 02:29', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmt1a26/', 'Yes that a scam. \n\nNo man is going to meet you off of the internet and ask for your banking information to give you money. \n\nNo SD is going to ask you to send him money. \n\nTake a step out of the bowl and spend some time reading this forum.', '13zu3fv'], ['u/Vivid-Leader-3409', 75, '2023-06-04 03:01', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmt505e/', 'You never give your log in for anyone c’mon this is common sense, please go change your logging info, call your bank', '13zu3fv'], ['u/JustAGoodGuy1080', 33, '2023-06-04 03:21', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmt7bhu/', "I love my kids with all my heart and trust them, unquestionably.\n\nThey don't have access to my banking info.", '13zu3fv'], ['u/LearnDifferenceBot', 31, '2023-06-04 03:21', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmt7e09/', 'Bye TwerkingAvocado. Have fun continuing to use common words incorrectly!', '13zu3fv'], ['u/sdsf9', 15, '2023-06-04 03:31', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmt8gz1/', 'burn!', '13zu3fv'], ['u/BinghamtonSD', 14, '2023-06-04 03:40', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmt9hsp/', "I've never seen a reddit bot with such attitude!", '13zu3fv'], ['u/Vivid-Leader-3409', 36, '2023-06-04 03:48', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmtafhl/', 'How are you in the military and don’t know about not sharing your login info is beyond me but- please for the love of god, even if he pays for a new house, you never share your login info..', '13zu3fv'], ['u/SeekingInToronto', 13, '2023-06-04 03:56', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmtbafp/', 'Omg, this is the thing that made me laugh the hardest today. 😂', '13zu3fv'], ['u/SpaceGuy1968', 17, '2023-06-04 04:12', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmtd2ff/', 'Yep\nIt\'s called an "overpayment scam"\n\n[overpayment scam](https://www.doj.nh.gov/consumer/dont-cash-that-check/check-overpayment.htm)', '13zu3fv'], ['u/ThinAvocadoToast', 27, '2023-06-04 05:32', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmtltwi/', '“Works on a cruise ship”\n\n= poor.\n\nNever mind giving out your bank account info. Sorry OP', '13zu3fv'], ['u/Frank9567', 24, '2023-06-04 07:20', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmtw26s/', "It's not restricted to this lifestyle. It is a common scam elsewhere too.", '13zu3fv'], ['u/guerreradevida', 36, '2023-06-04 08:09', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmtzzo7/', 'Not even about the lifestyle at all, just basic common sense', '13zu3fv'], ['u/Dear_Arachne', 23, '2023-06-04 09:00', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmu3xqr/', "Right? I'm sympathetic but goddamn, you don't just give someone your bank account login, ever. That shit not only has all your money, but also your full name, address, and spending habits & locations. Maybe okay if you're married but even then it's situational. Then immediately asking her to send some back too?? Come on. Get out of the bowl if you're this clueless about money and safety.", '13zu3fv'], ['u/KinkyFemdomme845', 10, '2023-06-04 12:57', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmul39h/', 'I don’t feel bad for you. This scam is ALL OVER the news, Social media, talked about every day!!! You are either lying or really really really really slow. If you can work Reddit you saw this scam before!', '13zu3fv'], ['u/BigMagnut', 14, '2023-06-04 13:57', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmuq6el/', 'You are not cut out for this ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Jack Dorsey, Twitter’s cofounder and former CEO, has endorsed Democratic presidential contender Robert F. Kennedy, Jr. More from Fortune: 5 side hustles where you may earn over $20,000 per year—all while working from home Looking to make extra cash? This CD has a 5.15% APY right now Buying a house? Here\'s how much to save This is how much money you need to earn annually to comfortably buy a $600,000 home On Sunday, the influential tech billionaire tweeted a Fox News YouTube video entitled “Robert F. Kennedy, Jr. argues he can beat Trump and DeSantis in 2024” writing, “He can and will.” Asked whether he was endorsing or predicting, he replied , “Both.” Kennedy, a nephew of President John F. Kennedy and the son of his slain brother Robert F. Kennedy, is like Dorsey a strong believer in Bitcoin, which he recently described as an “exercise in democracy.” Last month, Kennedy delivered a well-received keynote address at a Bitcoin conference in Miami. He called Bitcoin a “bulwark” against “government and corporate expansion and intrusion.” “As president, I will make sure that your right to hold and use Bitcoin is inviolable," he added. He pledged to defend the right of self-custody of Bitcoin and other digital assets. “You should be able to own your own private keys, the same as you own the keys to your car or own your wallet…I don’t think the government has the right to demand access to your Bitcoin key or indeed any of your passwords. To say otherwise to cede essential territory to surveillance state.” An anti-vaccine activist, Kennedy frequently and controversially attacked Anthony Fauci, former director of the National Institute of Allergy and Infectious Diseases, over the way he handled the pandemic, accusing him of orchestrating “fascism” and writing a book on the topic. When a Twitter user commented there was “not a chance the DNC [Democratic National Committee] allows him to be nominated,” Dorsey replied , "Even more reason.” He later added that the DNC “seems more irrelevant by the day” and wrote “end of an empire,” to which Tesla CEO and current Twitter owner Elon Musk replied with two fire emoji. Story continues Earlier on Sunday, Musk tweeted that he’ll host Kennedy in the Twitter Spaces audio platform on Monday afternoon. Dorsey replied to that by writing, “Excellent.” The event came together quickly, with Musk asking Kennedy Friday on Twitter, “Would you like to do a Spaces discussion with me next week?” Kennedy replied in the affirmative, and Dorsey chimed in , “This would be great.” Twitter Spaces also figured large in politics last month, when Republican Florida governor Ron DeSantis announced his presidential bid there, although technical glitches marred the event . On Friday evening, Musk tweeted , "System is being upgraded & stress-tested in advance of @RobertKennedyJr interview on Monday.” When a Twitter user commented that Kennedy’s shaky voice is “an issue,” Dorsey replied by calling it a “super power,” saying it sets the candidate apart. This story was originally featured on Fortune.com More from Fortune: 5 side hustles where you may earn over $20,000 per year—all while working from home Looking to make extra cash? This CD has a 5.15% APY right now Buying a house? Here\'s how much to save This is how much money you need to earn annually to comfortably buy a $600,000 home', 'Jack Dorsey, Twitter’s cofounder and former CEO, has endorsed Democratic presidential contender Robert F. Kennedy, Jr.\nMore from Fortune:5 side hustles where you may earn over $20,000 per year—all while working from homeLooking to make extra cash? This CD has a 5.15% APY right nowBuying a house? Here\'s how much to saveThis is how much money you need to earn annually to comfortably buy a $600,000 home\nOn Sunday, the influential tech billionairetweetedaFoxNews YouTubevideoentitled “Robert F. Kennedy, Jr. argues he can beat Trump and DeSantis in 2024” writing, “He can and will.”\nAsked whether he was endorsing or predicting, hereplied, “Both.”\nKennedy, a nephew of President John F. Kennedy and the son of his slain brother Robert F. Kennedy, is like Dorsey a strong believer in Bitcoin, which he recentlydescribed asan “exercise in democracy.”\nLast month, Kennedy delivered a well-receivedkeynote addressat a Bitcoin conference in Miami. He called Bitcoin a “bulwark” against “government and corporate expansion and intrusion.”\n“As president, I will make sure that your right to hold and use Bitcoin is inviolable," he added.\nHe pledged to defend the right of self-custody of Bitcoin and other digital assets. “You should be able to own your own private keys, the same as you own the keys to your car or own your wallet…I don’t think the government has the right to demand access to your Bitcoin key or indeed any of your passwords. To say otherwise to cede essential territory to surveillance state.”\nAn anti-vaccine activist, Kennedy frequently andcontroversiallyattacked Anthony Fauci, former director of the National Institute of Allergy and Infectious Diseases, over the way he handled the pandemic, accusing him of orchestrating “fascism” and writing abookon the topic.\nWhen a Twitter user commented there was “not a chance the DNC [Democratic National Committee] allows him to be nominated,” Dorseyreplied, "Even more reason.” He lateraddedthat the DNC “seems more irrelevant by the day” and wrote “end of an empire,” to whichTeslaCEO and current Twitter owner Elon Muskreplied withtwo fire emoji.\nEarlier on Sunday, Musktweetedthat he’ll host Kennedy in the Twitter Spaces audio platform on Monday afternoon. Dorseyrepliedto that by writing, “Excellent.”\nThe event came together quickly, with MuskaskingKennedy Friday on Twitter, “Would you like to do a Spaces discussion with me next week?” Kennedyrepliedin the affirmative, and Dorseychimed in, “This would be great.”\nTwitter Spaces also figured large in politics last month, when Republican Florida governor Ron DeSantis announced his presidential bid there, although technical glitchesmarred the event.\nOn Friday evening, Musktweeted, "System is being upgraded & stress-tested in advance of @RobertKennedyJr interview on Monday.”\nWhen a Twitter user commented that Kennedy’s shaky voice is “an issue,” Dorseyrepliedby calling it a “super power,” saying it sets the candidate apart.\nThis story was originally featured onFortune.com\nMore from Fortune:5 side hustles where you may earn over $20,000 per year—all while working from homeLooking to make extra cash? This CD has a 5.15% APY right nowBuying a house? Here\'s how much to saveThis is how much money you need to earn annually to comfortably buy a $600,000 home', 'Jack Dorsey, Twitter’s cofounder and former CEO, has endorsed Democratic presidential contender Robert F. Kennedy, Jr.\nMore from Fortune:5 side hustles where you may earn over $20,000 per year—all while working from homeLooking to make extra cash? This CD has a 5.15% APY right nowBuying a house? Here\'s how much to saveThis is how much money you need to earn annually to comfortably buy a $600,000 home\nOn Sunday, the influential tech billionairetweetedaFoxNews YouTubevideoentitled “Robert F. Kennedy, Jr. argues he can beat Trump and DeSantis in 2024” writing, “He can and will.”\nAsked whether he was endorsing or predicting, hereplied, “Both.”\nKennedy, a nephew of President John F. Kennedy and the son of his slain brother Robert F. Kennedy, is like Dorsey a strong believer in Bitcoin, which he recentlydescribed asan “exercise in democracy.”\nLast month, Kennedy delivered a well-receivedkeynote addressat a Bitcoin conference in Miami. He called Bitcoin a “bulwark” against “government and corporate expansion and intrusion.”\n“As president, I will make sure that your right to hold and use Bitcoin is inviolable," he added.\nHe pledged to defend the right of self-custody of Bitcoin and other digital assets. “You should be able to own your own private keys, the same as you own the keys to your car or own your wallet…I don’t think the government has the right to demand access to your Bitcoin key or indeed any of your passwords. To say otherwise to cede essential territory to surveillance state.”\nAn anti-vaccine activist, Kennedy frequently andcontroversiallyattacked Anthony Fauci, former director of the National Institute of Allergy and Infectious Diseases, over the way he handled the pandemic, accusing him of orchestrating “fascism” and writing abookon the topic.\nWhen a Twitter user commented there was “not a chance the DNC [Democratic National Committee] allows him to be nominated,” Dorseyreplied, "Even more reason.” He lateraddedthat the DNC “seems more irrelevant by the day” and wrote “end of an empire,” to whichTeslaCEO and current Twitter owner Elon Muskreplied withtwo fire emoji.\nEarlier on Sunday, Musktweetedthat he’ll host Kennedy in the Twitter Spaces audio platform on Monday afternoon. Dorseyrepliedto that by writing, “Excellent.”\nThe event came together quickly, with MuskaskingKennedy Friday on Twitter, “Would you like to do a Spaces discussion with me next week?” Kennedyrepliedin the affirmative, and Dorseychimed in, “This would be great.”\nTwitter Spaces also figured large in politics last month, when Republican Florida governor Ron DeSantis announced his presidential bid there, although technical glitchesmarred the event.\nOn Friday evening, Musktweeted, "System is being upgraded & stress-tested in advance of @RobertKennedyJr interview on Monday.”\nWhen a Twitter user commented that Kennedy’s shaky voice is “an issue,” Dorseyrepliedby calling it a “super power,” saying it sets the candidate apart.\nThis story was originally featured onFortune.com\nMore from Fortune:5 side hustles where you may earn over $20,000 per year—all while working from homeLooking to make extra cash? This CD has a 5.15% APY right nowBuying a house? Here\'s how much to saveThis is how much money you need to earn annually to comfortably buy a $600,000 home', 'Bitcoin traded little changed on Mond Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-05 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $519,685,609,725 - Hash Rate: 351468446.2892638 - Transaction Count: 359254.0 - Unique Addresses: 610475.0 Social & AI Sentiment: - Fear & Greed Index: 0.53 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Binary Guardian Denver, CO, May 03, 2023 (GLOBE NEWSWIRE) -- Binary Guardian is one of the fastest growing online binary brands in the world. Voted the best crypto binary platform. The mission is to provide the most innovative binary experience. Also, binary guardian aims to deliver a first-class experience to digitally inclined traders, regardless of the size of their accounts. First founded in 2022 by a team of talented IT and FinTech specialists who wanted to prove that people dont need to compromise to earn on binary options, Binary Guardian has grown massively and now has over expanding members in 14 countries and counting! The platform is constantly working to ensure it is fast, accurate, and easy to use. INTRODUCING INSURED TRADE PLAN Over the past decade, since the internet debut of Bitcoin, cryptocurrency trading has become increasingly popular. Cryptocurrencies are digital coins which are created using blockchain or peer-to-peer technology that uses cryptography for security. Binary Guardian is offering multi-pairs of trending crypto around the world. As an API partner with world-recognized exchanges Binance and Trade View, the platform provides 24/7 Real-time Live Market Data, timely and accurate price charts, advanced charting tools, and more. Binary Guardian is now proudly presenting Insured Trade Plan for every trader. Traders can now trade and earn a fixed trading revenue daily by subscribing to the Insured Trading Plan. This Insurance plan covers every premium loss within 6 trades. Hence, traders can enjoy 0% risk of losing capital and navigate to maximise their trading profit. Varying degrees of coverage for different levels of hedging. SAFE AND TRUSTWORTHY PLATFORM As a regulated platform, Binary Guardian operates in a highly regulated environment, complying with relevant regulations and standards to ensure the safety of traders. Trust, transparency, and accountability always drive greater business impact. Binary Guardian has been regulated with MSB licences from the US Department of Treasury and is certified in good standing by the Colorado Secretary of State. We are ensuring compliance with all relevant rules and regulations under the supervision of the Financial Crimes Enforcement Network (FinCen) as well. Story continues In conclusion, Binary Guardian strives to provide innovative financial solutions to give users the edge they need in trading. Traders with absolute confidence and beat the market. Unleash a traders trading potential like never before. CONTACT: KIN JACK BINARY GUARDIAN CO., LTD hello-at-binaryguardian.io... - Reddit Posts (Sample): [['u/JerSucks', 'ITZY Weekly Discussion & Recap for May 29, 2023 - June 4, 2023', 18, '2023-06-05 00:23', 'https://www.reddit.com/r/ITZY/comments/140slrn/itzy_weekly_discussion_recap_for_may_29_2023_june/', '#Weekly Recap for May 29, 2023 - June 4, 2023\n\nWelcome to the r/ITZY Weekly Discussion & Recap!\n\nIn this thread we compile everything [ITZY](https://i.imgur.com/NecZAIu.jpg) has done this week for people who can\'t quite keep up with it all!\n\nThis post now also serves as our Weekly MIDZY Discussion Thread! That means this is an anything goes discussion thread. Feel free to talk about anything you\'d like with other MIDZY! All we ask is that you keep it safe for work!\n\n---\n\nCHESHIRE Era Stream Links \| \n\|--\|\n[Cheshire Music Video](https://youtu.be/zugAhfd2r0g) \|\n[Boys Like You Music Video](https://youtu.be/6uZy86ePgO0) \|\n[CHESHIRE on Spotify](https://open.spotify.com/album/2a1ezg7hE6Dyuymv1aCnkm?si=a55f8f9a8d734954) \|\n[CHESHIRE Album Discussion Thread](https://redd.it/z8ml5g)\n\n--\n\nLia - One Hundred Love (Romantic Doctor 3 OST Part.5) \|\n\|--\|\n[One Hundred Love](https://youtu.be/sQlaermnufs) \|\n[One Hundred Love (Making Ver.)](https://youtu.be/iphcBamQrjI) \|\n[On Hundred Love on Spotify](https://open.spotify.com/album/3tbF7tfZeQa9WnXmpclfiF?si=-RBgXMl7Q-OphBTcWJSXiw) \|\n\n--\n\nBlah Blah Blah Stream Links \| \n\|--\|\n[Blah Blah Blah Music Video](https://youtu.be/F-QTb-0wRGk) \|\n[Can\'t tie me down](https://www.youtube.com/watch?v=KHr4VVzE3zQ) \|\n[Blah Blah Blah on Spotify](https://open.spotify.com/track/5wOWpaKW92jhcm8pBOlrdR) \|\n\n\n\n---\n\n#Megathreads\n\n\|Thread\|\n--\|--\n\| [The First Album "CRAZY IN LOVE" (Era Recap)](https://redd.it/vnc53q)\n\| [The 1st World Tour "CHECKMATE" in North America (Megathread)](https://www.reddit.com/r/ITZY/comments/vng6x6/itzy_the_1st_world_tour_checkmate_in_north/)\n\| [The 1st World Tour "CHECKMATE" in SEA Megathread](https://redd.it/yqycl9)\n\| [The 6th Mini Album "CHESHIRE" (Pre-order Guide)](https://www.reddit.com/r/ITZY/comments/ysmu3k/itzy_the_6th_mini_album_cheshire_preorder_guide/)\n\n\n\n---\n\n##Teasers\n\nDate \| Title / Link \| Thread\n\|--\|--\|--\n230531 \| [ITZY - The 1st World Tour in Seoul (DVD & Blu-ray Preview)](https://youtu.be/p-nVyaIFGg8) \| [Thread](https://redd.it/13w7tl3)\n\n\n---\n\n##Social Media\n\n*Twitter\n\nDate \| Title / Link \| Thread\n\|--\|--\|--\n230531 \| [ITZY - The 1st World Tour in Seoul (Pre-order & Packaging)](https://twitter.com/ITZYofficial/status/1663726996185309184) \| [Thread](https://redd.it/13w95rf)\n230531 \| [Lia & Chaeryeong - 📻 ITZY <Buddy Date> 📻 🎙 DJ & Corner Notification of the Week](https://twitter.com/ITZYofficial/status/1663832701898485760) \| [Thread](https://redd.it/13wjuju)\n230602 \| [Lia & Chaeryeong - ITZY <Buddy Date> - Guessing each other\'s quiz 🙋 #CHERRY](https://twitter.com/ITZYofficial/status/1664557479873896448) \| [Thread](https://redd.it/13y829t)\n230602 \| [Lia & Chaeryeong - Playlist of today\'s <Buddy Date> DJ #CHERRY💕](https://twitter.com/ITZYofficial/status/1664565016748515328) \| [Thread](https://redd.it/13y82kx)\n230604 \| [Chaeryeong - B-DAY TRACK #65 “CHAERYEONG” (Teaser)](https://twitter.com/ITZYofficial/status/1665282243252879365) \| [Thread](https://redd.it/1406y2n)\n230605 \| [Happy Chaeryeong Day!](https://twitter.com/ITZYofficial/status/1665372841431420929) \| [Thread](https://redd.it/140gxsm)\n\nInstagram\n\nDate \| Title / Link \| Thread\n\|--\|--\|--\n230528 \| [Yuna Update](https://www.instagram.com/p/CsxjvH9SNFW) \| [Thread](https://redd.it/13ts4gm)\n230530 \| [Yuna Update](https://www.instagram.com/p/Cs2szfny82p/?hl=en)) \| [Thread](https://redd.it/13vi9p2)\n\n\nMisc SNS\n\nDate \| Title / Link \| Thread\n\|--\|--\|--\n230528 \| [BOY STORY Douyin Update with Yeji & Ryujin - 哈?!(What’s Poppin) Challenge](https://v.redd.it/dipff9fydm2b1) \| [Thread](https://redd.it/13u87zs)\n230529 \| [kutv.official Instagram Update with ITZY [1]](https://www.instagram.com/p/Cs0HKDrPA3X) \| [Thread](https://redd.it/13usnx3)\n230529 \| [kutv.official Instagram Update with ITZY [2]](https://www.instagram.com/p/Cs0FCbqvU59) \| [Thread](https://redd.it/13usnx3)\n\n\n---\n\n##Videos\n\n\nOfficial Videos (kr)\n\nDate \| Title / Link \| Thread\n\|--\|--\|--\n230528 \| [Lia - One Hundred Love (Romantic Doctor 3 OST Part.5)](https://youtu.be/sQlaermnufs) \| [Thread](https://redd.it/13v4s7w)\n230530 \| [ITZY? ITZY! EP.137](https://youtu.be/g_B35gcN1nY) \| [Thread](https://redd.it/13vl311)\n230601 \| [IT\'z TOUR BOOK EP.22](https://youtu.be/rhPaO_sxIpA) \| [Thread](https://redd.it/13xci4o)\n230602 \| [Buddy Date EP.09 (Lia & Chaeryeong)](https://youtu.be/dUW4zqgsmKU) \| [Thread](https://redd.it/13y7n2f)\n230605 \| [Chaeryeong - Blueming (Orig. IU)](https://youtu.be/BxZSa6rcctU) \| [Thread](https://redd.it/140fmm5)\n\n---\n\n\n###Member Subs - r/Yeji - r/ChoiJisu - r/Ryujin - r/Chaeryeong - r/Yuna\n \n###Memes & Media Subs - r/itzymemes - /r/MIDZY \n\n##Subreddit Links & Info\n\n[Last weeks Recap](https://redd.it/13uk99m)\n\n[Weekly Recap Archive](https://www.reddit.com/r/ITZY/wiki/recap)\n\n[Variety Appearance Archive](https://www.reddit.com/r/ITZY/wiki/variety)\n\n[Performance Archive](https://www.reddit.com//r/ITZY/wiki/music-shows)\n\n[V LIVE Archive](https://www.reddit.com//r/ITZY/wiki/vlive)\n\n[Discography](https://www.reddit.com//r/ITZY/wiki/discography)\n\n---\n\n##[ITZY Discord](https://discord.gg/kxWER8p)', 'https://www.reddit.com/r/ITZY/comments/140slrn/itzy_weekly_discussion_recap_for_may_29_2023_june/', '140slrn', [['u/satomatic', 12, '2023-06-05 03:16', 'https://www.reddit.com/r/ITZY/comments/140slrn/itzy_weekly_discussion_recap_for_may_29_2023_june/jmxn6zu/', 'anyone think the next project will feature itzy writing credits? it’s long overdue and i know at least some, if not all, the members have been writing and composing when they have a free moment. \n\nitzy is at a point in time where they really deserve to be contributing to their own material and it would be a new element for the fanbase to appreciate.', '140slrn']]], ['u/SufficientDrink187', '5 Bitcoin to retire in 2025?', 94, '2023-06-05 01:15', 'https://www.reddit.com/r/Bitcoin/comments/140u4f0/5_bitcoin_to_retire_in_2025/', 'I was discussing today with a few fellow bitcoiners about the 2024/2025 possible halving outcome, and the purchasing power of bitcoin enough to retire (lean fire, nothing to fancy, just stop working and replace income with bitcoin selling each month) at 35/40.\n\nWe calculated an aproximate of 2M needed to retire living a frugal life. Giving we are pretty young, but we would ONLY sell the needed sats to survive each month, the remaining stash would appreciate over time.\n\nSome said 3 would be enough, others said 5, others said 8-10, and the most pessimistic one said 50 btc.\n\nI said 8. I think 250k is a real possibility, so 8 would give the 2M usd needed.\n\nI wanted to add a few more opinions about this. Given this conditions, how many you think would be enough to reach 2M in 2024/2025?\n\nEdit: as a Maxi, I hate still thinking in USD conversions and value, but reality hits hard here and we will still need to think in USD value for the next couple of years at least.', 'https://www.reddit.com/r/Bitcoin/comments/140u4f0/5_bitcoin_to_retire_in_2025/', '140u4f0', [['u/SocalDistortion', 90, '2023-06-05 01:32', 'https://www.reddit.com/r/Bitcoin/comments/140u4f0/5_bitcoin_to_retire_in_2025/jmxa6de/', "With each peak comes a massive 70-80% drawdown. Using your Sats to live off of on a monthly basis may be difficult during the bear market. \n\nI think if you were to try and live off Bitcoin, you'd need to sell enough at this next top to account for living expenses the next 4 years. Of course this assumes the 4 year cycle remains in-tact.\n\nThere is always the possibility of using your Bitcoin and taking out a loan against it as well. Live off the loan, pay the loan down with another loan or negotiate to extend. Hopefully there will be good competitive loan products out in a couple years.", '140u4f0'], ['u/Umpire_State_Bldg', 20, '2023-06-05 01:36', 'https://www.reddit.com/r/Bitcoin/comments/140u4f0/5_bitcoin_to_retire_in_2025/jmxaow5/', "You're:\n thinking\n* planning\n* discussing the future in a rational way\n\nThis puts you far, far ahead of the average...", '140u4f0'], ['u/SufficientDrink187', 13, '2023-06-05 01:39', 'https://www.reddit.com/r/Bitcoin/comments/140u4f0/5_bitcoin_to_retire_in_2025/jmxb44o/', 'That’s the only why my mind works. Sadly, it usually ends in lots of suffering. \n\nbut if my calculations and speculation works like I think it will, getting out of the rat race and being free from work (my biggest goal in life and the reason I’m all in in BTC) suddenly becomes achievable, and that gives me a very dangerous sense of hope.', '140u4f0'], ['u/MMinjin', 36, '2023-06-05 02:08', 'https://www.reddit.com/r/Bitcoin/comments/140u4f0/5_bitcoin_to_retire_in_2025/jmxemaq/', "First. No way.\n\nSecond. 2M is probably too low to retire in your thirties with very uncertain inflation. If you run out of money and need to come back in your 40s/50s, good luck with age bias and no recent job experience. You really need to sock it away to retire that early. Very risky if you don't. And depending on a single asset to maintain value for the next 50 years? You've definitely taken your fill of the kool aid.\n\nedit: I see from your post history that you are Argentinian. If that's the case then the 2M figure might be fine after all but my point still stands on being very careful before you throw away your most productive years. Coming back to the work force won't be easy.", '140u4f0'], ['u/billy_bitchtits', 15, '2023-06-05 02:17', 'https://www.reddit.com/r/Bitcoin/comments/140u4f0/5_bitcoin_to_retire_in_2025/jmxfs9h/', '"I think 250k is a real possibility"\n\nwhat makes you think this?', '140u4f0'], ['u/Electrical_Catch', 14, '2023-06-05 02:23', 'https://www.reddit.com/r/Bitcoin/comments/140u4f0/5_bitcoin_to_retire_in_2025/j... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 tumbled to $25.4K at one point after the SEC sued crypto exchange giant Binance. Will markets rebound?\nInsights:stETH\'s market cap is now the seventh largest among digital assets. What\'s behind the move and will it last?\nCoinDesk Market Index (CMI)\n1,132\n−54.3▼4.6%\nBitcoin (BTC)\n$25,752\n−1337.8▼4.9%\nEthereum (ETH)\n$1,812\n−75.9▼4.0%\nS&P 500\n4,273.79\n−8.6▼0.2%\nGold\n$1,978\n+25.7▲1.3%\nNikkei 225\n32,217.43\n+693.2▲2.2%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,132", "\\u221254.3\\u25bc4.6%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$25,752", "\\u22121337.8\\u25bc4.9%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,812", "\\u221275.9\\u25bc4.0%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,273.79", "\\u22128.6\\u25bc0.2%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,978", "+25.7\\u25b21.3%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["32,217.43", "+693.2\\u25b22.2%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nSEC lawsuit has crypto markets reeling\nThe crypto industry’s latest blow rocked digital asset prices on Monday.\nBitcoin was recently trading at about $25,750, down nearly 5% over the past 24 hours. Much of its initial downturn occurring in the two hours after the Securities and Exchange Commission(SEC) filed suit against Binance, accusing the exchange giant of violating securities laws. The largest cryptocurrency by market capitalization treaded comfortably above $27,000 for much of the past week, but the allegations against Binance rekindled fears about industry integrity and the intent of regulators to exert more control over exchanges. Binance – and other exchanges – have been facing regulatory scrutiny for years.\n“The Binance news obviously led to a big sell-off, but the news itself wasn’t exactly surprising,” Bob Ras, co-founder of Sologenic, a blockchain-powered network for tokenizing securities, told CoinDesk. “Rumors had been swirling for some time about forthcoming action against Binance.”\nBut Ras added that he wasn’t convinced “that we are going to experience massive liquidations,” similar to those following the 2022 implosions of Luna, Celsius and FTX. “Back then, we saw a great many forced sellers. I don’t think there are nearly as many forced sellers now as there were back then. I suspect that we’ll likely be in for a gradual recovery here.”\nEther also tumbles\nEther, the second largest crypto in market value, was recently changing hands below $1,800, off more than 5% from Sunday, same time. ETH andother major altcoinsfollowed a similar path as bitcoin did on Monday with the bulk of their declines coming in the immediate hours after the SEC suit. BNB, Binance’s exchange token, and SOL, the native cryptocurrency of the Solana blockchain, recently plunged more than 10%. ADA and MATIC, the tokens of smart contract platforms Cardano and Polygon respectively, and popular meme coin DOGE were recently off more than 8%. Even litecoin, which has been rallying the past few weeks, fell more than 9%. The SEC suit called those tokens unregistered securities.\nTheCoinDesk Market Index, a measure of crypto markets performance, was down more than 6%. All six sectors that compose the Index, including DeFi, computing and culture and entertainment stumbled into negative territory. The crypto Fear & Greed Index remained in neutral, where it has largely stood for much of the year.\nIndustry stocks tumble\nIn a note to CoinDesk, Joe DiPasquale, the CEO of crypto fund manager BitBull, called the SEC suit “unsurprising,” but also wrote that the exclusion of ether from the filing was “a good sign.” He added: “Unless any major developments impact Binance’s functioning, we don’t think the market is likely to lose a lot more.”\nWhile wider equity indexes, including the tech-heavy Nasdaq Composite and S&P 500, largely shrugged off the Binance hubbub, ticking down a few fractions of a percentage point,industry-focused stocks slumped. Coinbase stock fell more than 5% right after the filing was released and was off more than 9% at market close. Shares of MicroStrategy (MSTR), which holds a vast amount of bitcoin on its balance sheet, fell more than 8.5%, Bitcoin miners Riot Blockchain (RIOT), Marathon Digital (MARA) fell more than 8%, while Bitfarms (BITF) dropped more than 7.4%. Safe haven asset gold traded flat just below $1,980.\nSEC lawsuit fallout\nLawsuit fallout seemed to seep into all corners of the crypto universe. By Monday afternoon (ET), Binance had suffered more than a half-billion in net outflows, according to a Dune Analyticschartby crypto investment product provider 21Shares. Traders withdrew more than $1 billion of digital assets during this period, compared to the $546 million in deposits, per the chart. According to crypto data platform CoinGecko, the +2% depth for BTC on Binance is $2.7 million, which Charles Storry, head of growth at Phuture, a crypto index platform, told CoinDesk was "very low liquidity levels."\nIn a Telegram note to CoinDesk, Strahinja Savic, head of data and analytics at Toronto-based crypto platform FRNT Financial, noted Binance had “continued to operate relatively normally since it was charged by the CFTC” earlier this year. “US users have also long been barred from accessing Binance,” he wrote. “It’s hard to pin down an element of this story that really changes the status quo.”\nHe added: “It’s important to keep in mind that Binance’s regulatory issues do not implicate bitcoin. It’s hard to imagine any traders looking at the SEC’s allegations and thinking that anything there is damaging for the bitcoin bull thesis. However, given the extent of cross collateralization in the space, paired with exaggerated correlations, it’s not surprising to see bitcoin selling off.”\nSologenic’s Ras believes that if the U.S. central bank pauses hiking interest rates this month or later in the summer, “we would likely see a return of seriously positive momentum.”\nBut he noted pessimistically that with investors in this market “feeling jittery, it will take time to restore confidence. The SEC’s actions are pushing many crypto projects out of the United States, and from this perspective, this is clearly becoming a net negative for the U.S. economy and innovation more generally.”\nThere are no gainers in CoinDesk 20 today.\n[{"Asset": "Terra", "Ticker": "LUNA", "Returns": "\\u221216.3%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Gala", "Ticker": "GALA", "Returns": "\\u221210.2%", "DACS Sector": "Entertainment"}, {"Asset": "Decentraland", "Ticker": "MANA", "Returns": "\\u22129.0%", "DACS Sector": "Entertainment"}]\nLido’s stETH token is now the seventh largest token by market cap, right ahead of Cardano and just behind XRP, according to data from CoinGecko.\nstETH has edged out ADA because the market has grown comfortable with staking, and the market has been seeking out a staking solution that’s not going to be affected by U.S. regulatory uncertainty.\nSo far, the only unstaking parades have been from the shutdown of Kraken’s staking service – and a significant amount of that staked ether went right back into the system via stETH – and Celsius, whichmoved out of staking contracts on stETH and back into staking contractswith another provider.\nAll of this should be an endorsement of stETH, as there’s significant institutional trust in the staking mechanism behind it.As CoinDesk previously reported, surging demand for ether staking has led to a month-long wait for nearly 50,000 validators, particularly following the Shapella upgrade, which stimulated a deposit surge and an influx of new market participants, locking over 19 million ETH for staking. At the same time, analysts who have spoken with CoinDesk have continued todownplay fearsof any sort of price crash post the Shanghai upgrade – and continue to be proven right – highlighting the balance between new stakers and withdrawals, the inherent withdrawal limits and the mitigating effect of liquid staking derivatives.\nSo staking is a healthy market, and seems permanent. Lido dominates it by a long shot, controlling 28% of the market with $13.4 billion in total value locked, according to DeFi Llama data. And it\'s a competitive market too; there are 60 staking protocols with over $1 million in TVL. Lido’scloset competitor has $2.2 billion in TVL.\nThe only thing that could sink this ship is if a larger percentage of staked ether becomes profitable.Right now it’s just 31%, but we’re only one bank failure and DeFi summer away from that hitting 50%. Will there be a rush for withdrawals then?\n12:30 p.m. HKT/SGT(4:30 UTC)Australia Interest Rate Decision\n5:00 p.m. HKT/SGT(9:00 UTC)Eurozone Retail Sales (YoY/April)\n10:00 p.m. HKT/SGT(14:00 UTC)Canada Ivey Purchasing Managers Index (May)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nBitcoin Hovers Under $27K; Blockchain Association Files Amicus Brief in Lawsuit Over Tornado Cash Sanctions\nBitcoin (BTC) was down almost 2% over the last 24 hours and back below $27,000, as JPMorgan releases a new report finding retail demand for bitcoin is likely to remain strong ahead of the next halving event. eToro market analyst Josh Gilbert weighed in. Plus, Blockchain Association CEO Kristin Smith joined to discuss the group\'s amicus brief filed in an ongoing lawsuit by Coin Center against the Treasury Department and its sanctions watchdog. Plus, a look at the inaugural Consensus @ Consensus report.\nBinance Withdrawal On Track to be Largest Since March Crypto Banking Crisis:Blockchain data shows that the exchange endured some $503 million in net outflows on Monday amid SEC charges.\nThe Lightning Network Doesn’t Fix Everything Wrong With Bitcoin:And that’s okay.\nSEC Sues Crypto Exchange Binance and CEO Changpeng Zhao, Alleging Multiple Securities Violations:The Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-06 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $500,622,323,269 - Hash Rate: 384577792.6788321 - Transaction Count: 462072.0 - Unique Addresses: 763100.0 Social & AI Sentiment: - Fear & Greed Index: 0.44 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Illustration by Mitchell Preffer for Decrypt This week, markets were at the mercy of macroeconomic factors as some at the Fed have indicated another rate hike is due next month. Crypto was also subjected to intense scrutiny by regulators in both the U.S. and EU. Bitcoin and Ethereum led the downturn, with similar seven-day losses of over 10% impacting many leading cryptocurrencies. The U.S. Securities and Exchange Commission’s (SEC) crackdown on crypto made headlines on Monday when the regulator sued yet another big crypto business for alleged failure to comply with securities laws, Seattle-based exchange Bittrex . Delphi Labs’ Gabriel Shapiro was outraged by the agency’s description of the Dash (DASH) token as a security. I just read SEC's case against Bittrex & am floored...more aggressive than could've been imagined and goes directly against Dash's no-premine model, saying DASH is a security despite the fact that the devco is funded by validators out of block rewards... pic.twitter.com/McpZEYTK1O — _gabrielShapir0 (@lex_node) April 17, 2023 On Thursday, The European Parliament passed the Markets in Crypto Assets (MiCA) bill with 517 votes in favor, 38 against, and 18 abstentions. The legislation now gives the bloc’s 27 constituent states a unified approach to crypto. Rebecca Retig, Chief Policy Officer at Polygon Labs, wrote a thread on Monday arguing that the bloc still needed to tweak its data act, which she described as “overbroad” and “ likely unenforceable in decentralized systems.” 1/ 🚨Today @0xPolygonLabs published an open letter to the EU on Art. 30 of the #DataAct , which could have serious consequences for permissionless smart contracts. @Ledger has joined in proposing amendments to narrow Art. 30 to protect decentralized software development. Read 👇 pic.twitter.com/AZHGCm14sQ — Rebecca Rettig (@RebeccaRettig1) April 17, 2023 Institutional Bitcoin whale Michael Saylor complained about all the sats he was receiving on Tuesday. Story continues So @MicroStrategy converted my corporate email address into a #Lightning ⚡️ address and people keep sending me 21 sats...🧡 pic.twitter.com/FHde6RtA6N — Michael Saylor⚡️ (@saylor) April 17, 2023 Crypto lawyer Rodrigo, who tweets under the handle @RSSH273 , tweeted a lengthy legal objection to the sanctioning of crypto privacy mixer Tornado Cash by U.S. authorities. We filed an amicus in the suit that 6 Tornado Cash users brought against the unprecedented sanctions of TC open-source code Our argument is simple: Sanctions only apply to “people” or “entities,” and their “property.” TC fits none of those definitions—it is just open-source code pic.twitter.com/oCKuRpIFyZ — Rodrigo (@RSSH273) April 17, 2023 Coinbase CEO Brian Amstrong flexed his diplomatic muscle in London on Tuesday. Later in the week the exchange announced extensive expansion plans , a maneuver to counteract the increasing assertiveness and aggressiveness of U.S. regulators towards the exchange and industry in recent months. Great meeting today with UK Economic Secretary and City Minister @griffitha . The UK is moving fast on sensible crypto regulation to both drive economic growth AND consumer protection. Excited to keep investing in the UK. 🇬🇧 pic.twitter.com/478PQSLmDe — Brian Armstrong (@brian_armstrong) April 17, 2023 Twitter user @Tayvano_ flagged a multimillion dollar wallet draining operation that has been active since December. For the past 48hrs I've been unwinding a massive wallet draining operation 😳😭 I don't know how big it is but since Dec 2022 it's drained 5000+ ETH and ??? in tokens / NFTs / coins across 11+ chains. Its rekt my friends & OGs who are reasonably secure. No one knows how. pic.twitter.com/MafntG7RkP — Tay 💖 (@tayvano_) April 18, 2023 Republican Tom Emmer’s appearance at a hearing in Washington on the oversight of the SEC made the rounds on Twitter with an eminently quotable soundbite. At the hearing, Emmer grilled SEC chair Gensler and said, “You’ve been an incompetent cop on the beat,” before claiming the SEC chair was pushing American firms into the “hands of the CCP (Chinese Communist Party).” And he’s pushing innovation into the hands of a communist country, the United States’ number one adversary: pic.twitter.com/lE0Q4TuhYa — Tom Emmer (@GOPMajorityWhip) April 18, 2023 Blockchain sleuth @ZachXBT on Wednesday compiled a long list of scams that rapper Soulja Boy has shilled since he got involved in crypto. 1/ In recent weeks influencers have given @souljaboy praise for new NFT projects in hopes of clout. In reality he has been one of the most shameless promoters in the crypto space. In my research I observed 73 promotions & 16 NFT drops done by him. Many of these were scams. pic.twitter.com/8xRDN79S5t — ZachXBT (@zachxbt) April 19, 2023 Do the “hiccups” referred to in writer and lawyer @NYCSouthpaw ’s tweet refer to blanket refusals from mama and papa Bankman-Fried to have their phones compromised in such an intrusive manner? Likely! One of SBF’s bail conditions is his parents have to have cell phones that automatically snap photos of the user every couple minutes, and they’re having some hiccups setting it up. https://t.co/i8NHWcb1qH — southpaw (@nycsouthpaw) April 19, 2023 On Thursday, news hit Twitter that Tornado Cash developer Alex Pertsev, who was arrested by Dutch authorities in August for allegedly facilitating money laundering, is getting released next Wednesday so he can prepare for his trial at home. tornado cash dev alex pertsev reportedly released just now pic.twitter.com/Lg1s01VaRP — banteg (@bantg) April 20, 2023 Gabriel Shapiro that day pitched his idea of a BORG. An abbreviation for “cybernetic organization,” the BORG is a “new middle” between the decentralized and autonomous principles of DAOs and the legal entitlements and compliant structures of traditional business entities. BORGs merge traditional business entities with smart contracts, offering a new path for DAO legal structuring. They are the culmination of years of my thinking on how to bridge meatspace corporate law & the on-chain world. pic.twitter.com/gaME7yXdvh — _gabrielShapir0 (@lex_node) April 20, 2023 Finally, Dogecoin creator turned-nocoiner Billy Markus still thinks crypto is a lunatic’s game. investing in crypto is literally just investing in mental illness which i suppose is on the rise, so… — Shibetoshi Nakamoto (@BillyM2k) April 22, 2023... - Reddit Posts (Sample): [['u/SlurpinYJ', 'I was able to make $300 in a few hours with little experience. Is this normal or did I just get lucky?', 40, '2023-06-06 02:33', 'https://www.reddit.com/r/Daytrading/comments/141xp5f/i_was_able_to_make_300_in_a_few_hours_with_little/', 'I’ve been really spending some time learning about trading, I decided to finally give it a try, I was trading with 1 Bitcoin to U.S Dollar. I was able to make $300 very quickly. I guess I’m just doing something right? \n\nI was using basic support and resistance and market structure. \n\nI think I’ll quit my job lol', 'https://i.redd.it/xftqbum2ma4b1.jpg', '141xp5f', [['u/RandomMovingAverage', 107, '2023-06-06 02:49', 'https://www.reddit.com/r/Daytrading/comments/141xp5f/i_was_able_to_make_300_in_a_few_hours_with_little/jn27o8u/', 'If you need to ask if you are lucky then the truth is you were lucky. Do this consistently every day the market is open for the next year before you should even consider quiting your job.', '141xp5f'], ['u/KingKerie', 38, '2023-06-06 02:58', 'https://www.reddit.com/r/Daytrading/comments/141xp5f/i_was_able_to_make_300_in_a_few_hours_with_little/jn28ukz/', 'Not uncommon at all with beginners. Being able to sustain it is the issue. If you know how you got those winning trades then you should be able to replicate it.', '141xp5f'], ['u/SlurpinYJ', 13, '2023-06-06 03:26', 'https://www.reddit.com/r/Daytrading/comments/141xp5f/i_was_able_to_make_300_in_a_few_hours_with_little/jn2cgrh/', 'I basically just use the 30 min 15 min 5 min and 1 min charts to determine the overall direction of the price and find support and resistance, then I zoom in to find what I think is a good entry point.', '141xp5f'], ['u/john8a7a', 16, '2023-06-06 06:50', 'https://www.reddit.com/r/Daytrading/comments/141xp5f/i_was_able_to_make_300_in_a_few_hours_with_little/jn2zp0v/', "you actually might have a certain skill as well. Your strategy is not some random bullshit , which is good. Report back after 500 trades. \n\nI would just give you one advice , never trade if you don't see a great set up . I use to trade when I was just bored and that was the main reason I kept losing money . If there is nothing to trade, even for 2-3 days,,,just don't trade average looking set ups and you might just make it as a trader", '141xp5f'], ['u/tentenwind', 24, '2023-06-06 07:45', 'https://www.reddit.com/r/Daytrading/comments/141xp5f/i_was_able_to_make_300_in_a_few_hours_with_little/jn34fkj/', 'Does your username stand for Slurpin Your Jizz?', '141xp5f'], ['u/SP-Marshmallo', 10, '2023-06-06 10:33', 'https://www.reddit.com/r/Daytrading/comments/141xp5f/i_was_able_to_make_300_in_a_few_hours_with_little/jn3h1n7/', 'In the beginning ppl don’t have that much of emotion invested. Wait till greed or fear kicks into overdrive. That’s when you will know OP.', '141xp5f'], ['u/VCRdrift', 16, '2023-06-06 12:08', 'https://www.reddit.com/r/Daytrading/comments/141xp5f/i_was_able_to_make_300_in_a_few_hours_with_little/jn3nquf/', 'Normal. First one is free. Welcome to the casino.', '141xp5f']]], ['u/formidable-opponent', 'How much money (USD) would you have to spend to be a cone millionaire?', 21, '2023-06-06 05:32', 'https://www.reddit.com/r/ConeHeads/comments/1422930/how_much_money_usd_would_you_have_to_spend_to_be/', 'I tried to look it up but just got results for bitcoin.', 'https://www.reddit.com/r/ConeHeads/comments/1422930/how_much_money_usd_would_you_have_to_spend_to_be/', '1422930', [['u/GuyOne', 13, '2023-06-06 05:36', 'https://www.reddit.com/r/ConeHeads/comments/1422930/how_much_money_usd_would_you_have_to_spend_to_be/jn2sbgg/', 'A million cones is like $2.67 rn', '1422930']]], ['u/AutoModerator', '[Daily Discussion] - Tuesday, June 06, 2023', 29, '2023-06-06 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1422w33/daily_discussion_tuesday_june_06_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\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1422w33/daily_discussion_tuesday_june_06_2023/', '1422w33', [['u/anon-187101', 12, '2023-06-06 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1422w33/daily_discussion_tuesday_june_06_2023/jn2vbht/', 'Gonna be a big week.', '1422w33'], ['u/cryptojimmy8', 12, '2023-06-06 07:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1422w33/daily_discussion_tuesday_june_06_2023/jn331fv/', 'The good thing about SEC suing every exchange out there is that there is soon no one left to sue😎think all of this eventually will be forgotten but still not counting on any good action this year. Been away from crypto for about a month now and it feels good. Will check in again in yet another month or so. Hope you guys are doing well', '1422w33'], ['u/Downtown-Ad-4117', 12, '2023-06-06 09:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1422w33/daily_discussion_tuesday_june_06_2023/jn3apu9/', 'Nothing will happen to Binance. It’s just a slap on the wrist.', '1422w33'], ['u/DamonAndTheSea', 18, '2023-06-06 10:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1422w33/daily_discussion_tuesday_june_06_2023/jn3g8co/', 'Binance does operate in the US under the url Binance.us. The US site represents a small portion of their total volume. The SEC can go after anyone operating on US soil; they can also go after exchanges that operate in different countries but offer services to US citizens. \n\nBinance.com, years ago, used to be available to US citizens (even as operated out of China), they then geo-locked the site (you just needed a VPN) and then not long ago they forced KYC for all customers meaning US residents could no longer use Binance.com even via VPN. \n\nThe US has been systematically putting pressure on US crypto exchanges for the last 18 months and failing to provide regulatory clarity. Some speculate incompetence and bureaucratic morass and others speculate this is a move to choke out fiat on-ramp/off-ramps as CBDCs are scheduled to roll out.', '1422w33'], ['u/NervousNorbert', 13, '2023-06-06 14:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1422w33/daily_discussion_tuesday_june_06_2023/jn3zllb/', 'The SEC sues Coinbase, according to the usually reputable @tier10k: https://twitter.com/tier10k/status/1666054916526460929', '1422w33'], ['u/imissusenet', 16, '2023-06-06 14:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/1422w33/daily_discussion_tuesday_june_06_2023/jn3zqxc/', 'Point and Figure chart:\n\n[https://stockcharts.com/freecharts/pnf.php?c=%24BTCUSD,PGPBDEYRNR\\[PA\\]\\[D\\]\\[F1!3!1.0!!0!20\\]](https://stockcharts.com/freecharts/pnf.php?c=%24BTCUSD,PGPBDEYRNR[PA][D][F1!3!1.0!!0!20])\n\nI don\'t know what BTC price data this uses, but the chart I maintain using Coinbase prices has 2 more columns since the uptrend line was broken, an 8-box low pole warning. A 50% retrace would go back to $26.5K.\n\nWhile I hope that u/wardser is overly pesimistic, hope is not a strategy. Here is the price after that last 3 cycle tops, nomralized to Nov 2021 prices:\n\n[https://imgur.com/a/5znlj4E](https://imgur.com/a/5znlj4E)\n\nThe price could go to $13K for the next 4 months and still be within the range of the previous cycles. Speaking of $13K, I think it would be really, really great if BTC was higher than it was 4 years ago. 26 Jun 2019 BTC was $13K.\n\nAnd finally, on 12 Jun 2022 BTC was $26.5K and the following quote appeared on the daily:\n\n"We\'re going to be 20x here within 24 months."\n\nGood times.', '1422w33'], ['u/dopeboyrico', 12, '2023-06-06 14:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1422w33/daily_discussion_tuesday_june_06_2023/jn4481d/', 'Interesting how the SEC never explicitly stated #2 is a security (it is) in the lawsuit against Binance or Coinbase but they did explicitly state offering staking services of #2 does qualify as a security in the lawsuit against Coinbase.\n\nPotentially more pain ahead as this all plays out but whenever the altcoin delisting exodus occurs on Binance and Coinbase, BTC as well as any other remaining altcoins which aren’t deemed to be unregistered securities should rally pretty hard on the news.', '1422w33'], ['u/gozunker', 10, '2023-06-06 15:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1422w33/daily_discussion_tuesday_june_06_2023/jn46add/', 'I think one reason we haven’t dropped a ton on this Coinbase news is that people are selling their alts for BTC on the “these altcoins are securities” news, creating demand for BTC to counteract the sell off. I think it’s less a case of “look how resilient Bitcoin is” and more of “fleeing the small boats for the closest big boat during the storm”. Not sure what that means for price action later this week or next once the alt sell off has wrapped up a bit. I’m feeling a bit pessimistic short-term, laddering my weekly money for some down action.', '1422w33'], ['u/NLNico', 10, '2023-06-06 15:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1422w33/daily_discussion_tuesday_june_06_2023/jn46scb/', 'Yesterday\'s and today\'s news is arguably good for coin 2. Previously there was doubt if the SEC considered it a security, but now there are 2 cases where they specifically mention a list of coins bu... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 to above US$27,000 on Wednesday morning in Asia, with nearly all other top 10 non-stablecoin cryptocurrencies rebounding even as U.S. regulators this week launched a series oflawsuitsagainst Binance and Coinbase, two of the world’s biggest crypto exchanges, alleging most tokens are unregistered securities. Polygon’s Matic token was the exception, dipping 1.7% in the past 24 hours.\nBitcoin rose 5.36% over the last 24 hours to US$27,118 at 6:50 a.m. in Hong Kong, bouncing back to the same price range before the U.S. Securities and Exchange Commission (SEC) filed the lawsuits this week. The world’s largest crypto by market capitalization was still down 2.32% over the past seven days, according todatafrom CoinMarketCap.\nEther climbed 4.01% in the past 24 hours to US$1,881, but logged a 1.32% weekly loss.\nThe meme coin Dogecoin led the winners this morning with a gain of 6.43%, edging out Bitcoin for the top spot. Polygon’s Matic missed out on the rebound, sliding 1.7% in the last 24 hours, and lost 9.39% over the past week.\nNick Ruck, chief operating officer of non-fungible token (NFT) intellectual property licensing firm ContentFi, toldForkastthat while the flurry of lawsuits by SEC chair Gary Gensler hit hard, the crypto market has largely held steady.\n“The initial panic quickly wore off as many traders not only expected the lawsuits, but apparently dismissed them entirely,” Ruck said. “A lawsuit may work against the SEC’s expectations when these cases are determined by court judges rather than Gary Gensler’s opinion.”\nWhile prices came back among leading tokens, Jeff Mei, the chief operating officer of the BTSE crypto exchange in the British Virgin Islands, said “we’ve seen something of a bloodbath for altcoins.”\nHe said this is likely due to the SEC lawsuits naming a “basket of altcoins as securities, while not categorizing BTC and ETH in the same class.”\nThis creates volatility opportunities for savvy investors, but requires care to navigate, he added.\nOn Tuesday, just a day after the SEC sued Binance for alleged securities violations, the same regulator filed suit against Coinbase, the largest crypto exchange in the U.S., for allegedly breaching securities rules.\nThe SEC alleges San Francisco-based Coinbase made billions of dollars unlawfully facilitating the buying and selling of crypto asset securities since at least 2019, according to itsstatementreleased Tuesday.\nSEC Chair Gary GenslertweetedTuesday that Coinbase’s alleged failures “deprive investors of critical protections, including rulebooks that prevent fraud and manipulation, proper disclosure, safeguards against conflicts of interest, and routine inspection by the SEC.”\nIn a related development showing coordination among financial regulators across the U.S., the Alabama Securities Commission on Tuesday filed a so-calledshow cause orderto Coinbase, backed by regulators in many other states.\n“The Order gives Coinbase 28 days to show cause why they should not be directed to cease and desist from selling unregistered securities in Alabama,” according to the notice. It adds that nine other state regulators, including California where Coinbase is based, were part of a multi-state task force involved in the order.\nIn response, Brian Armstrong, chief executive officer of Coinbase,tweetedthat the company was “proud to represent the industry in court to finally get some clarity around crypto rules.”\nArmstrong noted that the SEC reviewed Coinbase’s business and approved it to sell shares to the public in 2021. He added that the SEC and the Commodity Futures Trading Commission have made conflicting statements on crypto assets don’t agree on what is a security and what is a commodity.\nCoinbase hadarguedback in April that the SEC’s attacks against Coinbase appeared to be undermining its own role as the approver of companies registering to sell shares to the public.\nCoinbase shares dropped 12.09% at the close of U.S. trading on Tuesday, but rose 2.48% in after-hours trading.\nIn an additional action against Binance, the SEC on Tuesdayaskeda federal judge to freeze the assets of Binance.US, the crypto trading platform set up by Binance chief Changpeng Zhao to serve U.S. clients.\nIn response, Binance.UStweetedon Tuesday that user assets “remain safe and secure” and “the platform continues to be fully operational with deposits and withdrawals functioning as normal.”\nDenys Peleshok, head of Asia at London-based multi-asset brokerage CPT Markets, said: “The SEC has had a very aggressive approach toward crypto companies for some time now and could be increasingly creating an unwelcoming environment for such firms and for the crypto industry as a whole in the country.”\nRepublican Senator Cynthia Lummis followed up on this theme in criticism of the SEC actions in atweeton Tuesday.\n“Real consumer protection requires creating a robust legal framework that exchanges can comply with, not pushing the industry offshore into the shadows.”\n“Tech start-ups are encouraged to ‘run fast and break things’ and to ‘ask for forgiveness, not permission,’ however when the sector the start-up is operating in is finance and investments, there can be real consequences to this approach,” said Bradley Duke, founder and Co-CEO atETC Groupthat specializes in exchange traded crypto products.\n“This is especially true in the US, where there is an absence of a regulatory framework for crypto, coupled with a regulator that has taken a very aggressive stance towards companies operating in the space,” Duke said in email comments.\nNot everyone in the blockchain world agrees that the SEC is out of order.\n“What we’ve seen with crypto exchanges is they have created a market where they act as the Exchange, Broker Dealer, Depository, the Transfer Agent, and even as the Regulator in some cases,” said Jai Waterman, the chief executive officer of U.S.-basedBlockstation.\n“In this case, Binance operates as all of the above. It is no surprise to us that regulatory action would be taken, and that the SEC is going after Binance and Coinbase, we expected it to happen sooner,” said Waterman at Blockstation, which describes itself as a blockchain-driven platform for tokenizing, listing, trading, clearing and settlement of digital assets and securities.\n“A lot of what’s listed on Binance and Coinbase, I would argue, are securities and whereas in the traditional securities market you have decentralization of duties, crypto exchanges are adding significant risks by playing all parts,” he said.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the NFT market, theForkast 500 NFT indexedged down 0.08% to 3,284.07 in the 24 hours to 9:40 a.m. in Hong Kong.\nNFT sales on Ethereum rose 22.81% over the last 24 hours to US$30.06 million, and sales on the Bitcoin network jumped 159.38% to US$8.5 million, according to CryptoSlamdata.\n“NFT traders are rather bullish still on the space in the short term, though watching carefully,” Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News, said on Wednesday.\nPetscher added that NFTs generally trade in cycles between art and profile picture (PFP) NFTs. “Though, with news about the SEC filing lawsuits against Coinbase and Binance, all bets are off.”\nThe NFT market saw a large art sale on Tuesday. Digital artist Tyler Hobbs’ Fidenza #545 wassoldfor around US$1.1 million in a reserved sale, according to NFT marketplace OpenSea.\n“High art sales are an indicator that NFTs may be primed for some action, but the SEC trying to freeze Binance’s U.S. assets and potentially Coinbase’s does have people considering what their best moves are,” Petscher added.\nRuck of Singapore-based ContentFi said that Binance is “placing bets on their involvement in the future of the NFT industry,” as the world’s largest crypto exchangelaunchedsupport for Bitcoin NFTs on Tuesday even after being sued by the SEC.\nBored Ape Yacht Club had the biggest sales in the past 24 hours with a 1.36% rise to US$14.27 million.\nUncategorizedOrdinals– recently popular Bitcoin Ordinals that are not part of an established collection – recorded a 5.11% increase to US$6.49 million in sales over the past 24 hours.\nShares of Coinbase dropped 12.09% at the close on Tuesday following a 9.05% fall on Monday, while shares of Microstrategy, the world’slargestcorporate holder of Bitcoin, rose 8.13% on Tuesday, recovering from its 8.53% decline on Monday.\nMei at BTSE said the sharp difference in stock performance shows the outsize impact of the SEC’s actions on market sentiment for altcoins as opposed to Bitcoin.\nThe S&P 500 closed up 12.02% on Tuesday, reaching its highest level since August 2022.\nU.S. stock futures were mixed as of 11:50 a.m. in Hong Kong. Dow Jones Industrial Average futures edged up 0.02%, and S&P 500 futures gained 0.08%. Nasdaq Futures fell 0.03%.\nIn macroeconomic developments, the U.S. Federal Reserve will meet on June 14 to make its next move on interest rates, which are now between 5% and 5.25%, the highest since 2006.\nThe CME FedWatch Tool nowpredictsa 80.6% chance the Fed will leave rates unchanged in June, and a 19.4% chance for another 25-basis-point rate hike.\n(Corrects Different View section to show Blockstation in based in U.S., not Canada.)', 'Bitcoin recovered to above US$27,000 on Wednesday morning in Asia, with nearly all other top 10 non-stablecoin cryptocurrencies rebounding even as U.S. regulators this week launched a series oflawsuitsagainst Binance and Coinbase, two of the world’s biggest crypto exchanges, alleging most tokens are unregistered securities. Polygon’s Matic token was the exception, dipping 1.7% in the past 24 hours.\nBitcoin rose 5.36% over the last 24 hours to US$27,118 at 6:50 a.m. in Hong Kong, bouncing back to the same price range before the U.S. Securities and Exchange Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-07 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $525,506,339,594 - Hash Rate: 343827827.89167106 - Transaction Count: 433781.0 - Unique Addresses: 734954.0 Social & AI Sentiment: - Fear & Greed Index: 0.53 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Some Fortune Crypto pricing data is provided by Binance.) More from Fortune: 5 side hustles where you may earn over $20,000 per year—all while working from home Looking to make extra cash? This CD has a 5.15% APY right now Buying a house? Here's how much to save This is how much money you need to earn annually to comfortably buy a $600,000 home Welcome to This Week in the Metaverse, where Fortune rounds up the most interesting news in the world of NFTs, culture, and the metaverse. Email [email protected] with tips. Although long known for financial utility, the Bitcoin blockchain was never a player when it came to NFTs, which became one of the main use cases for Ethereum , followed later by Solana and Polygon. But the Bitcoin network just surpassed Solana in NFT sales volume over the past seven days, and now trails only Ethereum, according to CryptoSlam. While some critics have said Bitcoin NFTs, or Ordinals, slow down the network and increase fees, supporters have said the tech will enhance the blockchain. One such supporter is Bob Bodily, who is working on an NFT marketplace for Ordinals called bioniq. Bodily told me that by the time the 10th Ordinal was inscribed earlier this year, he knew the technology was going to be huge. Two factors stand out to him as evidence that Ordinals have even more room to grow: Bitcoin’s $518 billion market cap—still more than twice Ethereum’s—and the fact that with Ordinals all data for an NFT are on-chain. “A lot of collections are down pretty bad, and so the fact that you have the excitement and the energy of Ordinals in the middle of a bear market, I think it's pretty telling,” he told Fortune . Already, he noted, Bitcoin is attracting developers who originally were Bitcoin advocates but found it hard to build on-chain. He said he's seen several developers starting to build on Bitcoin again after leaving years ago for Bitcoin Cash, which was created as a result of a disagreement between developers in 2017. Story continues Decrypt reported on Thursday that the network is also attracting developers from Ethereum, which has long been attractive for teams looking to build dapps that use smart contracts. Ordinals have exploded in popularity, with 9.3 million inscriptions created since they were introduced in December, according to Dune. Soon enough we’ll see whether Ordinals have opened the door to a flurry of new applications for Bitcoin, or if, ultimately, it’s just another hype cycle. New launch spotlight Binance wants to facilitate your next NFT loan. With the Binance NFT Loan product announced this week, the world’s largest crypto exchange is offering users 3.36% interest rates on loans, whose amount can fluctuate depending on the price floor of an NFT that's put up for collateral. Only NFTs from the Bored Ape Yacht Club, Mutant Ape Yacht Club, Azuki, and Doodles collections are currently accepted. Last week, I wrote about how NFT loans were making a comeback, thanks to upstart Blur and the more established Arcade . This announcement could accelerate that trend. At least for a limited time, the loan product has some of the best interest rates in the industry, and even lower than the national average interest rate on a 30-year fixed mortgage, which sat at 7.17% on Friday, according to Bankrate. There are still risks. If the value of your collateral NFT drops too low, you risk liquidation. Your interest rate can also change based on the overall market, Binance warns. In other news Bitcoin NFTs, or Ordinals , now have a stablecoin. Stably USD , issued by Web3 company Stably, says the crypto will make trading ordinals easier than it would be by using U.S. dollars or another fiat currency, CoinDesk reported . Web3 company Elemint and Web3 agency Bary partnered with Platinium Group , the ticket operator for Formula 1 Grand Prix events, to launch a new platform that offers NFT tickets . The NFT tickets are meant to prevent counterfeiting and serve as digital souvenirs and will be introduced at this weekend's race in Monaco. In the long term, the companies want to use the NFT tickets to give holders added benefits and loyalty rewards. Formula 1 will now have NFT tickets for its Grand Prix events. Paris Hilton launched a collection of 5,555 NFT avatars this week for the Web3 metaverse platform The Sandbox . Paris Hilton's media company, 11:11 Media, created the avatars with inspiration from her real-life outfits and accessories. The avatars will be sold for 100 SAND each and released in three waves. The 11 people who buy a limited 1-of-1 edition of the collectibles will receive a free ticket to Paris: Live in Concert on June 7. Paris Hilton launched NFT avatars on The Sandbox metaverse platform. SURREAL , a company that offers “metaverse as a service” to clients like the Atlanta Braves, introduced a consulting service called S-Map Consulting to help customers launch, maintain, and expand their own virtual worlds. This story was originally featured on Fortune.com More from Fortune: 5 side hustles where you may earn over $20,000 per year—all while working from home Looking to make extra cash? This CD has a 5.15% APY right now Buying a house? Here's how much to save This is how much money you need to earn annually to comfortably buy a $600,000 home... - 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 retreats below $26.5K amid a wider crypto decline as Binance, Coinbase-related fears linger. Insights: The decline in bitcoin and ether prices since 2022 mirrors the decrease in stablecoin balances over the same period. Prices CoinDesk Market Index (CMI) 1,148 −31.8 ▼ 2.7% Bitcoin (BTC) $26,364 −880.1 ▼ 3.2% Ethereum (ETH) $1,834 −51.1 ▼ 2.7% S&P 500 4,267.52 −16.3 ▼ 0.4% Gold $1,959 −6.3 ▼ 0.3% Nikkei 225 31,913.74 −593.0 ▼ 1.8% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,148 −31.8 ▼ 2.7% Bitcoin (BTC) $26,364 −880.1 ▼ 3.2% Ethereum (ETH) $1,834 −51.1 ▼ 2.7% S&P 500 4,267.52 −16.3 ▼ 0.4% Gold $1,959 −6.3 ▼ 0.3% Nikkei 225 31,913.74 −593.0 ▼ 1.8% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) A Bitcoin Retreat Bitcoin returned to its downtrodden ways on Wednesday amid a wider crypto decline that swept up altcoins mentioned and unmentioned in the Securities and Exchange (SEC) lawsuits against Binance and Coinbase earlier this week. The largest cryptocurrency by market capitalization was recently trading at $26,364, off 3.2% over the past 24 hours. BTC had soared above $27,200 on Tuesday as investors seemed to already price in the latest regulatory body blows against an industry already reeling from assorted debacles. Bitcoin and ether, along with Tether’s USDT stablecoin, traded at large premiums on Binance.US , a sign that investors were exiting the platform. In an email to CoinDesk, Ruslan Lienkha, chief of markets at Web3 crypto and fiat service provider YouHodler, wrote that the firm was expecting continued higher volatility for "days or even weeks" as a result of the SEC suits. But he added: that "in general, the market seems in better shape and better prepared for possible outcomes. Undoubtedly, crypto market participants are doing a better job at managing risks than they did two to three years ago." Story continues ETH fared somewhat better than BTC to recently trade at $1,834, off 2.7% from Tuesday same time. CoinDesk Indices‘ Ether Trend Indicator (ETI) moved into “significant uptrend" territory, an improvement over its reading a day prior. The ETI, which gauges price momentum, suggested that "recent bullish price action is outpacing previous price moves," CoinDesk analyst Glenn Williams wrote in a column. Still, SEC fallout was fierce on Wednesday. BNB , the Binance Smart Chain’s native token, recently dropped 7.6% from Tuesday, same time, and at one point earlier in the day sank to about $252, its lowest price since early January, according to CoinDesk data. Cardano’s ADA , Polygon’s MATIC and Solana’s SOL , all top 10 tokens by market capitalization that were noted in the SEC filing, recently took a dive between 6% and 9%. The CoinDesk Market Index , a measure of crypto markets performance, was recently down 3.1%. Equity indexes closed mixed with the Dow Jones Industrial Average (DJIA) ticking up a few notches but the Nasdaq Composite and S&P 500 falling 1.3% and 0.4%, respectively, just a day after reaching 2023 highs as investors fretted about the Bank of Canada\'s unexpected interest rate hike. The decision offered the latest evidence that central banks remain anxious about inflation and that the monetary hawkishness that has hamstrung asset markets over the past year may continue. Read more: Funding Rates for Bitcoin, Ether Remain Positive, Indicating Bullish Sentiment In an note, Edward Moya, senior market analyst for foreign exchange market maker Oanda, noted that Canada’s central bank was among the most proactive about monetary policy. "They were the first to raise rates in 2022 and then put them on hold earlier this year," Moya wrote. "The BOC is signaling that more rate hikes could come and that has everyone rethinking that the Fed will be done after the July hike." -JR Biggest Gainers There are no gainers in CoinDesk 20 today. Biggest Losers Asset Ticker Returns DACS Sector Decentraland MANA −9.0% Entertainment Solana SOL −8.8% Smart Contract Platform Cardano ADA −8.7% Smart Contract Platform Insights What Do Current Stablecoin Balances Mean? While the financial community eyes jobs data, inflation figures and the Securities Exchange Commission (SEC) impacts, one straightforward factor my give more insight into where the price of bitcoin is headed next. (Glassnode) As a primary vehicle for buying crypto assets, the amount of stablecoins on exchanges can serve as a precursor to buying demand. While some notable exchanges offer a “fiat onramp,” meaning the exchange of U.S. dollars directly for crypto, some investors acquire crypto assets via the exchange of stablecoins like USDC and USDT for crypto. Per on-chain data firm Glassnode , the amount of stablecoins held on exchange addresses has declined from 32 billion to 19 billion between January 2022 and June 2023. The price for both BTC and ETH are down 45% and 50% respectively over that time frame. Increases in the stablecoin exchange balance during the remainder of 2023 will be a likely indication that buying demand is increasing. -GW This article was written and edited by CoinDesk journalists with the sole purpose of informing the reader with accurate information. If you click on a link from Glassnode, CoinDesk may earn a commission. For more, see our Ethics Policy . Important events. The Non Fungible Conference (Portugal) Brussels Blockchain Week (Belgium) BTC Prague Conference CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Crypto Markets Bounce Back After SEC Action Against Coinbase, Binance Bitcoin (BTC) bounced back after tumbling to a three-month low of less than $25,000 on Tuesday following news that Coinbase (COIN) had been sued by the SEC on allegations of violating federal securities law. This followed a similar suit against Binance on Monday. Arca Chief Investment Officer Jeff Dorman weighed in. Plus, Solidus Labs Vice President of Regulatory Affairs Kathy Kraninger discussed how regulatory action is impacting consumers. And, CoinDesk Managing Editor Nikhilesh De broke down the latest developments as SEC seeks a temporary restraining order to freeze assets tied to Binance.US on Tuesday. Headlines Coinbase CEO Armstrong Says Not Shutting Down Staking Service : The country’s largest exchange will continue to offer staking services despite facing lawsuits over the service from federal and state regulators. BNB Drops to 6-Month Low as ADA, MATIC, SOL Lead Altcoin Tumble : Cryptocurrencies the SEC characterized as securities in recent lawsuits led the drop among altcoins, while BTC traded mostly flat. The Petrodollar and Its Discontents Point to Bitcoin\'s Role in the Financial Future : Recent moves by Saudi Arabia, Russia and China have raised fears that the U.S. dollar could lose its preferred status for oil trading. And yet alternative national currencies aren’t that appealing. Could a bitcoin-like currency do better? Aave Lending Protocol Moves Closer to Launching GHO Stablecoin on Ethereum Mainnet : The developer proposed two key features for the decentralized stablecoin in a governance post on Tuesday. Stablecoin Issuer Circle Receives Digital Token License in Singapore : The issuer of USDC received in-principle approval in November last year.', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin retreats below $26.5K amid a wider crypto decline as Binance, Coinbase-related fears linger.\nInsights:The decline in bitcoin and ether prices since 2022 mirrors the decrease in stablecoin balances over the same period.\nCoinDesk Market Index (CMI)\n1,148\n−31.8▼2.7%\nBitcoin (BTC)\n$26,364\n−880.1▼3.2%\nEthereum (ETH)\n$1,834\n−51.1▼2.7%\nS&P 500\n4,267.52\n−16.3▼0.4%\nGold\n$1,959\n−6.3▼0.3%\nNikkei 225\n31,913.74\n−593.0▼1.8%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,148", "\\u221231.8\\u25bc2.7%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$26,364", "\\u2212880.1\\u25bc3.2%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,834", "\\u221251.1\\u25bc2.7%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,267.52", "\\u221216.3\\u25bc0.4%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,959", "\\u22126.3\\u25bc0.3%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["31,913.74", "\\u2212593.0\\u25bc1.8%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nA Bitcoin Retreat\nBitcoin returned to its downtrodden ways on Wednesday amid a wider crypto decline that swept up altcoins mentioned and unmentioned in the Securities and Exchange (SEC) lawsuits against Binance and Coinbase earlier this week.\nThe largest cryptocurrency by market capitalization was recently trading at $26,364, off 3.2% over the past 24 hours. BTC had soared above $27,200 on Tuesday as investors seemed to already price in the latest regulatory body blows against an industry already reeling from assorted debacles. Bitcoin and ether, along with Tether’sUSDTstablecoin, traded at large premiums onBinance.US, a sign that investors were exiting the platform.\nIn an email to CoinDesk, Ruslan Lienkha, chief of markets at Web3 crypto and fiat service provider YouHodler, wrote that the firm was expecting continued higher volatility for "days or even weeks" as a result of the SEC suits.\nBut he added: that "in general, the market seems in better shape and better prepared for possible outcomes. Undoubtedly, crypto market participants are doing a better job at managing risks than they did two to three years ago."\nETH fared somewhat better than BTC to recently trade at $1,834, off 2.7% from Tuesday same time. CoinDesk Indices‘ Ether Trend Indicator (ETI) moved into “significant uptrend" territory, an improvement over its reading a day prior. The ETI, which gauges price momentum, suggested that "recent bullish price action is outpacing previous price moves," CoinDesk analyst Glenn Williams wrote Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-08 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $514,297,866,062 - Hash Rate: 392218411.0764248 - Transaction Count: 407006.0 - Unique Addresses: 682296.0 Social & AI Sentiment: - Fear & Greed Index: 0.50 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Polkadot, the blockchain created by legendary coder Gavin Wood after he split from Ethereum, is getting a new privacy feature. The tool uses zero-knowledge proofs and soulbound tokens (yes, the things dreamt up by Vitalik Buterin) to help limit the amount of information crypto users share when they transact on-chain. Meanwhile, a new interoperable NFT standard has launched on Cosmos . 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 . In particular, a layer 1 Polkadot blockchain called Manta Network has teamed up with the team behind the rollup-based scaling tool Linea to build a “zero-knowledge soulbound tokens” (zkSBT) that will allow users to selectively reveal their digital identities when interacting with apps (essentially shielding their on-chain transaction activity). And the new Cosmos NFT standard – called ICS-721 in homage to Ethereum’s ERC 721 NFT standard – will unlock a type of non-fungible asset that can be traded across blockchains. The stories mentioned aren’t really connected (different tech, different chains, different use cases), except in the sense that they’re part of the same broader trend in crypto: the winter is for hunkering down and building. Despite being a cliche, this is worth bringing up now and again because it reveals the level of ingenuity and cooperation across crypto. There are other industries where information-sharing is the norm, and the “free and open source” movement has been going for decades, but it is in crypto that cross-pollination hit its stride. Vitalik Buterin blogged about the idea of soulbound tokens – a kind of blockchain-based curriculum vitae that follows a person throughout their life keeping record of their achievements, which cannot be traded or sold – in mid-2022, offering the idea to anyone to play around with. Perhaps because of the Extremely Metal moniker, SBTs gained a lot of attention and inspired others to write about how such an asset would revolutionize society. Story continues Obviously ideas are cheap (inspiration strikes when it wants, and no amount of money will summon it) – and it’s harder to build. That’s why seeing a real-life deployment of soulbound tokens is so interesting. Perhaps because of the amount of money still sloshing around, perhaps because of the type of people the industry attracts, there is tremendous amount of technological experimentation that happens in the crypto industry. Nowhere else is this more visible than in zero-knowledge (ZK) cryptography, which was essentially limited to a branch of academic research since the mid-80s when computer scientists Shafi Goldwasser, Charles Rackoff and Silvio Micali (yes, the Algorand guy) coined the term. Although the concept is simple enough – deploy a system that allows one party to prove to another that some statement is “true” without showing all his cards – crypto was really the first industry to put ZK-proofs into widespread commercial use. It’s now used to help scale Ethereum, protect wallets and now that new Polkadot-based tool. Sure, maybe the honor really belongs to the pioneering advocates for open-source code, who saw what could be built with software and the pressure to commodify it and championed for researchers to share their findings and publish code under permissive copyright licenses. These are figures like Linux’s Linus Torvalds and O’Reilly’s Tim O'Reilly – figures who helped build the internet we know today. And because so much of crypto is open source, the industry is also open to abuse. At the low-end level this essentially opens the door for spammers to fork projects endlessly to create meme coins. And at a scarier level, nation state actors including North Korea, which has turned abusing permissive blockchain tools into a major source of income. But whether you’re a Bitcoiner who thinks Ethereum is good if only because it’s essentially a free research project into tech that may find its way onto Bitcoin, or a FOSS zealot like Richard Stallman who wrote the “GNU Manifesto,” making the case that giving users control over their own computers is a moral imperative there’s likely more good than harm that comes from open source code. At a time when crypto is being hounded by regulators (at least in the U.S.), it’s worth highlighting some of the benefits of crypto. Just today, Ledger CEO Pascal Gauthier announced a roadmap to open-source more of the firm’s hardware wallet after pressure from the crypto community over its proprietary “Ledger Recover” software update. See also: StarkWare to Open Source Its Ethereum Scaling System Open-source increases transparency, and likely also spurs competition and cheaper prices. Tech companies need to drive innovation, if they want anyone to pay for a product that otherwise might be free. OpenAI the once non-profit dedicated to AI safety that’s now a glorified Microsoft plugin is a case in point: CEO Sam Altman has all but said the company has no moat against the proliferation of free and open AI alternatives (something Google execs actually did say). Not everyone will be convinced by the benefits of “open collaboration.” And I could personally see the case for keeping some technological secrets under lock and key – like how to enrich nuclear weapons – and basic intellectual property protections. But wouldn’t you want to live in a world where people shared more?... - Reddit Posts (Sample): [['u/BurlBukowski', 'Between Hope and Fear', 22, '2023-06-08 00:03', 'https://www.reddit.com/r/Hedera/comments/143qid7/between_hope_and_fear/', 'Well friends, I suppose we might see some serious shit. If ever there was a time to rally the troops, or as Sam Jackson might say “HODL onto your butts and HBARs”\n\nA friend told me about 10 years ago to buy some Bitcoin. I did not. I own a bunch of HBAR though and if we keep heading under .05 I am going to get more, because I could be wrong, but I think once the dust settles…(this is not financial advice)', 'https://www.reddit.com/r/Hedera/comments/143qid7/between_hope_and_fear/', '143qid7', [['u/Interesting-Worry756', 10, '2023-06-08 00:21', 'https://www.reddit.com/r/Hedera/comments/143qid7/between_hope_and_fear/jnbfwnh/', '>but I think once the dust settles…\n\n![gif](giphy\|b85mPT4Usz7fq)', '143qid7']]], ['u/Great-Ad2861', 'Jason and Jessica at it again. Calling me threatening me AGAIN. From a texting app.', 37, '2023-06-08 01:37', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/', 'Threatening to post videos of me doing this and that. Don’t talk about be about it. Post that shit bitch. You fuckn rat. Ride or die. Btch ride this BLEEP… edited for Reddit', 'https://i.redd.it/7af9mgwvlo4b1.jpg', '143stni', [['u/G_Ram3', 10, '2023-06-08 02:15', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jnbvvjz/', 'As much as I want to be 12 years old and prank them, I won’t. But some people just might. I just don’t want you to get any shit for all of us seeing that phone number!!', '143stni'], ['u/G_Ram3', 14, '2023-06-08 02:19', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jnbwb5d/', 'Okay, you’re probably right. Jess LOVES deleting shit. It’s another super power…deleting methed out mistakes.', '143stni'], ['u/LittleTT8219', 13, '2023-06-08 02:22', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jnbwtds/', 'They need to move the fuck on lol she says she’s being honest and there’s a small group of very loud people that are harassing her and all the bullshit she’s spewing why not leave the person alone who’s exposing all your secrets. That sure as fuck would be the last person I’d keep poking and prodding and pushing. But when on drugs and not mentally in a good place you might think threatening someone who’s not afraid is a good idea 💡💡', '143stni'], ['u/LittleTT8219', 10, '2023-06-08 02:32', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jnby5z8/', 'Get off the drugs and they’d both be able to get off trying to defend themselves and threaten people that are exposing to people who supported her that she’s a complete fraudulent bitch lol', '143stni'], ['u/Great-Ad2861', 13, '2023-06-08 02:44', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jnbzqn8/', 'I made a 2 hour long video with her today. It should be up tomorrow. Wait til you hear this shit', '143stni'], ['u/Thatcherrycupcake', 12, '2023-06-08 03:49', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jnc8uq8/', 'Don’t Jess and Jason have nothing else to do but harass others?? Like they have nothing else going on their lives. Jason has a child (I think he has one, sorry if I get it wrong, and jessica has 2). Like, these adults have nothing else to do?? Nothing else to focus on? That’s how I know recovery isn’t even in the forefront of their minds. Gosh, I really feel for the kids. I know I said this before, but just imagine the environment they are living in. Their mother can’t stop harassing others on a daily basis. They are around a tweaker and have been around a child abuser. They are at the least, emotionally neglected. Like no way she and Jason can have energy to do this plus focus on their children and other things. You do not deserve any of this, Mindy. And same with Nicole.\n\nThey are digging themselves further into their holes. I would create a paper trail and document their threats. Keep every screenshot. I’m so sorry you are going through this', '143stni'], ['u/Great-Ad2861', 13, '2023-06-08 03:57', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jnc9xi2/', 'Honestly I would leave it alone if they would leave me alone. No I wouldn’t, if I saw her lying at anytime I would point it out bc she deserves that. This all started up again with Jason blowing up my phone accusing me of being behind Nicole’s videos. As if I have her make the videos. He then threatened everyone’s future and me with prison time. Since then it’s been back and forth back and forth. I will ALWAYS stand up for myself. No way will I just sit in silence. You are so right, they should have better things to do. But meth addicts get hyper fixated on something and just can’t stop. Unfortunately me and Reece are the somethings. Thank you you for this comment. Well said.', '143stni'], ['u/Great-Ad2861', 10, '2023-06-08 04:38', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jncfhnm/', 'Wait til they hear my Youtube video tomorrow on Wildflower Tea’s channel. Shit will really hit the fan.', '143stni'], ['u/mooseinabottle', 11, '2023-06-08 05:12', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jncjonx/', 'Domethtic violence. Sorry you’re dealing with this, Mindy, but I hope this subreddit helps you laugh at their desperation more than you’re stressed about getting fucked with. Obviously if she had any of this shit she’d have posted it anonymously in here already under her ‘Exsposed’ account with her overgrown manicure.\n\nI can only imagine what those sweet little girls must be thinking and feeling about their mother constantly sitting around plotting and scheming with mommy’s “friend” who sleeps (or rather doesn’t sleep) over every night. It must make them feel so uneasy and confused. I just hope things get better for them somehow before they get worse. 🫤', '143stni'], ['u/Great-Ad2861', 15, '2023-06-08 05:14', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jncjzvp/', 'Y’all are like a little family to me! You have no idea how much you have helped me! \nDefinitely if she had any of these things that aren’t possible to have but let’s pretend they are…they would have been blasted long ago.', '143stni'], ['u/boogawoogaX', 11, '2023-06-08 05:27', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jncljsw/', "She's getting more unstable by the day, sadly...", '143stni'], ['u/Great-Ad2861', 25, '2023-06-08 05:48', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jncnvsi/', 'You can tell her lawyer does not do family law normally…bc if they did they would advise her to sit the fuck down and shut the fuck up. At this point Reece seems more stable than Jess, gun and all.🤣', '143stni']]], ['u/Express_Baker_1852', 'Bitcoin #1a', 40, '2023-06-08 01:41', 'https://www.reddit.com/r/Currencytradingcards/comments/143sx3j/bitcoin_1a/', 'I pulled this in the one pack I bought just to see of I could get into this but im having a hard time determining what rarity I pulled, its marked 99/99 on the back', 'https://i.redd.it/35ovgycgmo4b1.jpg', '143sx3j', [['u/-Squidster-', 18, '2023-06-08 01:50', 'https://www.reddit.com/r/Currencytradingcards/comments/143sx3j/bitcoin_1a/jnbseyi/', 'You pulled a very nice card, it’s the very last of a total of 99 Emerald 1A refractor printed!\n\nCongrats!\n\nI know it’s hard to tell with the Crypto Coin themed cards cause normally an Emerald Refractor would have a green border to it, but the 1A card are special and have an exception to this, being silver borders. And the other ones, such as BTC/ETH/LTC do the entire card the Gemstone’s color.\n\nExample below of a Ruby #1\n\nhttps://preview.redd.it/qlzmyniooo4b1.jpeg?width=3024&format=pjpg&auto=webp&v=enabled&s=e19d4654ef81d042f0d1743df74c0d5fa4735a8b', '143sx3j'], ['u/thatbromatt', 14, '2023-06-08 01:59', 'https://www.reddit.com/r/Currencytradingcards/comments/143sx3j/bitcoin_1a/jnbtp9n/', "Holy smokes you are incredibly lucky! The 1a is considered a pretty rare base card in and of itself, so to get a gemstone refractor is pretty gnarly! Throw that bih in a protector asap if you haven't :D shes a beaut", '143sx3j'], ['u/forbiddendoughnut', 13, '2023-06-08 02:22', 'https://www.reddit.com/r/Currencytradingcards/comments/143sx3j/bitcoin_1a/jnbwtv7/', 'Man oh man is that ruby a beauty.', '143sx3j']]], ['u/Key-Rip8688', 'Is This Job a Scam?', 18, '2023-06-08 02:17', 'https://www.reddit.com/r/remotework/comments/143ts98/is_this_job_a_scam/', 'I applied for a customer service representative job (remote job) on indeed. They messaged me over indeed and asked me to email them. There email looked like the company as it had a company name in it. The email sent was very long with a company logo thanking me for reaching out and explained a trial period was to occur before hiring that I would be payed for. The trial period is 1 week and if i do well I am hired. I emailed and said I am okay with that. She then sent me the employee agreement which I signed. \n\nFrom here is where i got suspicious. I looked up the company and everyrhing seemed legit. I ended up talking to her over an app called telegram and she told me to make a kraken account. I made one and then she made me watch alot of videos to watch about bitcoin, microsoft and so on. Someone then called me to confirm I watched all the videos before we proceed.\n\nToday they sent me $2700 over etransfer and they told me to use kraken to get a QR code then got to my bank, take out the money she sent me and then go to a canada post to deposit the mon... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 holds firm at $26.5K as investors remain largely unstirred by SEC lawsuits and look toward the Federal Reserve\'s monetary policy decision next week.\nInsights:The Fed may halt its hawkishness at its next FOMC meeting, but not after, said Valkyrie Chief Investment Officer Steven McClurg.\nCoinDesk Market Index (CMI)\n1,149\n+2.0▲0.2%\nBitcoin (BTC)\n$26,469\n+89.8▲0.3%\nEthereum (ETH)\n$1,845\n+9.7▲0.5%\nS&P 500\n4,293.93\n+26.4▲0.6%\nGold\n$1,980\n+37.1▲1.9%\nNikkei 225\n31,641.27\n−272.5▼0.9%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,149", "+2.0\\u25b20.2%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$26,469", "+89.8\\u25b20.3%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,845", "+9.7\\u25b20.5%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,293.93", "+26.4\\u25b20.6%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,980", "+37.1\\u25b21.9%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["31,641.27", "\\u2212272.5\\u25bc0.9%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nA Resilient Bitcoin\nBitcoin soldiered on for yet another day, unmoved from this week’s Securities and Exchange (SEC) lawsuits against exchange giants Binance and Coinbase and ongoing concerns about inflation and central bank hawkishness.\nThe largest cryptocurrency by market capitalization was recently trading at $26,474, roughly flat over the past 24 hours and about where it’s stood since Tuesday when the SEC filed its suit against Coinbase and asked a court to grant a temporary restraining orderto freeze assetstied toBinance.US. The agency sued Binance, the world’s largest exchange by trading volume, on Monday, raising concerns that the latest regulatory crackdown would send markets plunging. BTC took an initial dive below $26,000 on Tuesday but has since held steady above the threshold with analysts suggesting that investorshad already priced inthe actions.\n“It’s hard to imagine a tougher regulatory situation facing the digital asset industry in the United States than what’s happening right now,” Andrew Lawrence, co-founder and CEO of onchain custody platform Censo, wrote in an email to CoinDesk. “ It can feel pretty bleak, and yet there’s been a tremendous resilience shown by Bitcoin and other key crypto assets. We saw a pullback that was far less pronounced than what happened during last year’s daisy chain of collapses.”\nRead More:Can Binance Survive the SEC\'s Charges?\nLawrence attributed cryptos’ resilience at least partly to the growing embrace of digital assets outside the U.S. He highlighted the growing trade volumes in Asia as Hong Kong has facilitated retail trading and wider access to the industry, and new more crypto-friendly regulatory frameworks in the European Union and Dubai.\n“Digital assets are truly global,” Lawrence noted, adding that “longer term, this industry is poised to continue its exponential growth. I just worry that the bulk of this growth will occur outside of the United States – that is, if there are no developments in terms of the positive proposed legislation that is currently working its way through Congress.”\nEther was recently changing hands at $1,852, about where it perched on Wednesday, same time. The second largest crypto in market value held tight in “uptrend” territory of theCoinDesk Indices Ether Trend Indicator(ETI), a bullish sign even as bitcoin has languished in a “downtrend” position.Tokens mentioned in the separate lawsuits rebounded slightly with BNB, the token of the Binance exchange, recently up 0.5% and ADA, SOL and MATIC, the tokens of the Cardano, Solana and Polygon smart contracts protocols, either flat or up slightly. Popular meme coins DOGE and SHIB were also in the green.\nMajor stock indexes closed on the upside with the S&P 500 rising 0.6% to end its longest bear market in 85 years amid a surge in technology stocks. Bear markets end when an index rises from a previous market low. The technology-heavy Nasdaq Composition was up a percentage point. Treasury yields, which tend to travel inversely from crypto markets, sank. Jobless claims arrived higher than expected on Monday to buoy hopes that the U.S. central bank would suspend its year-long diet of interest rate hikes at its Federal Open Market Committee (FOMC) meeting next week. Investors will be eyeing the next Consumer Price Index (CPI) for the latest indication that inflation is waning.\nMeanwhile, in an email to CoinDesk, Sacha Ghebali, director of strategy at crypto information provider The Tie, wrote of “clear dislocations in the (crypto) market, resulting in rapid outflows of capital” from Binance. On Wednesday, the BTC-U.S. dollar trading pair onBinance.USjumpedas high as $28,800 – likely the result of “large investors and active traders stopping their trading activity and pulling assets off the exchange as a result of risk-mitigation actions,” Ghebali wrote.\nBut he noted bitcoin’s price strength and the outperformance of DeFi tokens relative to centralized exchange ones. “This could be a result of users preferring decentralized exchanges over their centralized counterparts in light of the regulatory risks facing the latter,” he wrote.\nHe added: “The Ethereum ecosystem has also held up relatively well when compared to other ecosystems. The DeFi market capitalization, in general, is down roughly five percent since the beginning of the month, whereas the DeFi market capitalization on the Ethereum ecosystem specifically is down less than two percent.”\n[{"Asset": "Polygon", "Ticker": "MATIC", "Returns": "+2.1%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Terra", "Ticker": "LUNA", "Returns": "+1.2%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Chainlink", "Ticker": "LINK", "Returns": "+1.1%", "DACS Sector": "Computing"}]\n[{"Asset": "Avalanche", "Ticker": "AVAX", "Returns": "\\u22121.0%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Stellar", "Ticker": "XLM", "Returns": "\\u22120.6%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Polkadot", "Ticker": "DOT", "Returns": "\\u22120.5%", "DACS Sector": "Smart Contract Platform"}]\nA Halt to Rate Hikes but Not for Long\nWill the U.S. central bank boost interest rates again next week? What will a decision to the affirmative or negative mean for crypto?\nSteven McClurg, the chief investment officer for alternative asset management company Valkyrie believes the Federal Reserve will suspend its nearly year-long diet of rate hikes, given what he sees as an ongoing banking crisis. That may weigh favorably for digital assets, but in an interview on CoinDesk TV\'s "First Mover" program, McClurg agreed with other analysts who believe the cessation will be temporary amid continued price pressure and other macroeconomic uncertainties.\nOver the past year, Interest rate increases have tended to unsettle investors and send crypto prices downward.\n"It\'s very prudent that the Fed has decided to stop raising rates at the moment, primarily because we do have a banking crisis on our hands right now, and we also have a dollar competence crisis," McClurg said.\nAccording to theCME Fedwatch tool, the probability that interest rates will remain at the current target rate of 5%-5.25% is 72.5%. That\'s ticked down over the past month when a flurry of data suggested that inflation would continue waning, but more mixed signals in recent weeks seem to have discouraged interest rate traders who participate in the ongoing survey.\nStill, threats to the banking system have loomed large since a series of U.S. bank failures, that central bank critics have tied to its overzealousness. McClurg noted that banking deposits totaling hundreds of billions of dollars "left the U.S. this year," and that Switzerland, which suffered its own banking crisis in March, resulting in the sale of Credit Suisse to rival UBS, had also seen a significant outflow "to places like Singapore, Dubai, other jurisdictions where they feel like your money is a little safer."\n"With continued interest rate hikes, the Fed would put many other banks in danger. So that\'s why we\'re on pause."\nMcClurg called any continued decline in CPI a "reversion to the mean scenario with inflation," where 4% plus is still very high. We\'re not seeing the 12% to 18% clips, but we\'re going to see that again."\nHe added that he would be closely watching oil prices, which have retreated over the past year from near record highs. "I believe oil will probably double in price this year, which will drive the rest of inflation," McClurg said. "That will force the Fed to continue to raise rates to try to stave off inflation to the last half of the year.\n9:30 a.m. HKT/SGT(1:30 UTC)China Consumer Price Index (YoY/May)\n4:00 p.m. HKT/SGT(8:00 UTC)European Central Bank\'s De Guindos Speech\n8:30 p.m. HKT/SGT(12:30 UTC)Canada Net Change in Employment (May)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nSEC-Targeted Tokens Tumble; Binance Says Gensler Once Offered to Be an \'Informal Advisor\'\nMajor cryptocurrencies targeted as unregistered securities in recent SEC lawsuits against Binance and Coinbase continue to decline. Valkyrie Chief Investment Officer Steven McClurg reacted. Meantime, a letter from Binance’s counsel said that SEC Chair Gary Gensler should be recused from the case because he once offered to be an "informal advisor." Bain Capital Crypto Partner and Head of Regulatory and Policy, TuongVy Le, weighed in on the state of crypto regulation. Plus, CoinDesk Executive Director of Global Content Emily Parker explained what Apple\'s new mixed-reality headset means for Web3.\nCrypto Custody Firm BitGo Reaches Preliminary Agreement to Buy Prime Trust, Sources:The financial terms of the deal were not disclosed by the source.\nOptimism Says Ether Now Treated as Native Cryptocurrency Alongside OP Token:Repre Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-09 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $515,772,877,500 - Hash Rate: 430421503.0643882 - Transaction Count: 387084.0 - Unique Addresses: 676835.0 Social & AI Sentiment: - Fear & Greed Index: 0.50 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Baron Funds, an investment management company, released its “Baron Partners Fund” first quarter 2023 investor letter. A copy of the same can be downloaded here . Despite the market volatility, the fund performed well and returned 23.41% in the first quarter, which exceeds the Russell Midcap Growth Index’s 9.14% return and the S&P 500 Index’s 7.50% return in the same period. In addition, please check the fund’s top five holdings to know its best picks in 2023. Baron Partners Fund highlighted stocks like Illumina, Inc. (NASDAQ: ILMN ) in the first quarter 2023 investor letter. Headquartered in San Diego, California, Illumina, Inc. (NASDAQ:ILMN) is a life science tools and integrated systems manufacturer. On May 22, 2023, Illumina, Inc. (NASDAQ:ILMN) stock closed at $208.85 per share. One-month return of Illumina, Inc. (NASDAQ:ILMN) was -4.50%, and its shares lost 13.07% of their value over the last 52 weeks. Illumina, Inc. (NASDAQ:ILMN) has a market capitalization of $33.019 billion. Baron Partners Fund made the following comment about Illumina, Inc. (NASDAQ:ILMN) in its Q1 2023 investor letter: "Illumina, Inc. (NASDAQ:ILMN), the market leader in DNA sequencing technology, detracted from performance for the period held. During the quarter, activist investor Carl Icahn nominated three directors to the Illumina board and criticized the current management team’s decisions with respect to Grail, an acquisition that has developed an early cancer detection test called Galleri. Icahn is urging Illumina to sell the Grail business as soon as possible to eliminate the near-term earnings dilution and allow investors to participate in the core Illumina business. In early April, the FTC ordered the divestment of Grail. We exited our position early in the quarter.” Healthcare biology microscope, lab laboratory Pressmaster/Shutterstock.com Illumina, Inc. (NASDAQ:ILMN) is not on our list of 30 Most Popular Stocks Among Hedge Funds . As per our database, 44 hedge fund portfolios held Illumina, Inc. (NASDAQ:ILMN) at the end of the fourth quarter which was 49 in the previous quarter. Story continues We discussed Illumina, Inc. (NASDAQ:ILMN) in another article and shared the list of best stocks to buy and hold according to billionaire Carl Icahn. In addition, please check out our hedge fund investor letters Q1 2023 page for more investor letters from hedge funds and other leading investors. Suggested Articles: 16 Fastest Growing Franchises in the US in 2023 12 Trusted Bitcoin Investment Sites 12 Cheap Dividend Stocks With High Yields Disclosure: None. This article is originally published at Insider Monkey .... - 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: ["Ordinal Bored Ape Yacht Club ($OBAYC) is a groundbreaking project that combines the world of Bored Apes and Bitcoin\nVilnius, Lithuania, June 09, 2023 (GLOBE NEWSWIRE) -- Ordinal Bored Ape Yacht Club ($OBAYC) is proud to announce a groundbreaking project that combines the innovative concept of Bitcoin ordinals with the power and flexibility of the Ethereum blockchain. This unique initiative brings together the world of Bored Apes and Bitcoin, offering an unparalleled experience for BTC maximalists and Bored Ape Yacht Club (BAYC) enthusiasts.\nBy leveraging the cutting-edge Bitcoin Ordinal system, OBAYC has decided to launch the $OBAYC token on the BRC-20 standard. However, the project has taken a step further and wrapped the $OBAYC token with WETH (Wrapped Ether), enabling seamless transactions and leveraging the popularity and efficiency of the widely adopted ERC-20 network.\nThe journey to create the world's first Bored Apes on Bitcoin has been a meticulous process. Our team successfully fractionalized the $OBAYC Ordinal into 1 quadrillion ERC20 tokens using the fractional.art platform. This groundbreaking achievement transforms the Bitcoin-Native Ordinal into the very first Bored Ape Yacht Club token residing on the Bitcoin network. This opens up new horizons for BAYC enthusiasts and Bitcoin maximalists alike.\nOrdinal Bored Ape Yacht Club has outlined an ambitious roadmap with a series of exciting plans that aim to revolutionize the cryptocurrency landscape:\n1. Major CEX Listings:$OBAYC will be listed on several leading cryptocurrency exchanges, ensuring increased liquidity and accessibility for a broader range of investors and traders.\n2. Top YouTuber Campaign:OBAYC is launching a strategic marketing campaign featuring influential YouTubers to create widespread awareness and drive the adoption of $OBAYC, thereby expanding the reach of the project to a global audience.\n3. Airdrop to Bored Ape Holders + Ordinal Communities:As a token of gratitude to Bored Ape holders and the wider Ordinal community, OBAYC will distribute exclusive airdrops of $OBAYC tokens. This gesture aims to reward their unwavering support and foster a strong and engaged community. There is a 5% allocation specifically reserved for ape holders, allowing anyone who possesses an ape in their wallet to come and claim.\n4. Insane OBAYC Bitcoin NFTs:OBAYC will create unique and highly sought-after OBAYC Bitcoin NFTs, offering an unprecedented level of value and utility to token holders. These exclusive digital collectibles will provide access to a range of privileges and experiences within the Bored Ape Yacht Club ecosystem.\n5. OBAYCSwap:A user-friendly and efficient token-swapping mechanism will be introduced, enabling seamless conversion between BTC and $OBAYC tokens. This feature will enhance liquidity and facilitate convenient asset management for our users.\n6. Crazy Holder Bonuses & Benefits:$OBAYC holders will enjoy a host of exciting bonuses and benefits, including exclusive access to limited-edition NFT drops, VIP events, community governance, and participation in the decision-making process.\nThe Ordinal Bored Ape Yacht Club team comprises highly experienced developers who have previously launched projects with market caps exceeding $50 million. Additionally, OBAYC’s talented marketing team includes professionals who have spearheaded successful campaigns for renowned crypto projects such as Kishu and Baby Doge.\nOrdinal Bored Ape Yacht Club aims to bridge the gap between the BTC maximalist community and the vibrant Bored Ape Yacht Club ecosystem. By combining the strength of Bitcoin with the creative spirit and passionate community of BAYC, the project strives to redefine the possibilities within the crypto space.\nTo learn more about Ordinal Bored Ape Yacht Club and participate in the project, visit the official website athttps://www.ordinalbayc.net/. The presale for $OBAYC tokens is currently live and can be accessed athttps://www.pinksale.finance/launchpad/0x188f473baf13E30ed045cfe75b00bd3527E65b44?chain=ETH&refId=0x7bfa3433d4CbBE59bDC195625213978B19Bb2Ac7.\nAbout Ordinal Bored Ape Yacht Club ($OBAYC)\nOrdinal Bored Ape Yacht Club ($OBAYC) is a groundbreaking project that combines the world of Bored Apes and Bitcoin by fractionalizing the $OBAYC Ordinal into 1 quadrillion ERC20 tokens and wrapping them with WETH. As the first-ever Bored Ape Yacht Club token residing on the Bitcoin network, $OBAYC offers a unique experience for BTC maximalists and BAYC enthusiasts. The project aims to bridge the gap between Bitcoin and BAYC communities, providing unprecedented opportunities for users in both networks.\nWebsite\|Twitter\|Telegram\n###\nOrdinal Bored Ape Yacht Club ($OBAYC)\[email protected]\nhttps://www.ordinalbayc.net/\nDisclaimer:\nThis announcement is not directed at any investors or potential investors, and does not constitute an offer to sell — or a solicitation of an offer to buy — any securities, and may not be used or relied upon in evaluating the merits of any investment. Any projections, estimates, forecasts, targets, prospects and/or opinions expressed in this release are subject to change without notice. The contents in here should not be construed as or relied upon in any manner as investment, legal, tax, or other advice.", "Ordinal Bored Ape Yacht Club ($OBAYC) is a groundbreaking project that combines the world of Bored Apes and Bitcoin Vilnius, Lithuania, June 09, 2023 (GLOBE NEWSWIRE) -- Ordinal Bored Ape Yacht Club ($OBAYC) is proud to announce a groundbreaking project that combines the innovative concept of Bitcoin ordinals with the power and flexibility of the Ethereum blockchain. This unique initiative brings together the world of Bored Apes and Bitcoin, offering an unparalleled experience for BTC maximalists and Bored Ape Yacht Club (BAYC) enthusiasts. By leveraging the cutting-edge Bitcoin Ordinal system, OBAYC has decided to launch the $OBAYC token on the BRC-20 standard. However, the project has taken a step further and wrapped the $OBAYC token with WETH (Wrapped Ether), enabling seamless transactions and leveraging the popularity and efficiency of the widely adopted ERC-20 network. The journey to create the world's first Bored Apes on Bitcoin has been a meticulous process. Our team successfully fractionalized the $OBAYC Ordinal into 1 quadrillion ERC20 tokens using the fractional.art platform. This groundbreaking achievement transforms the Bitcoin-Native Ordinal into the very first Bored Ape Yacht Club token residing on the Bitcoin network. This opens up new horizons for BAYC enthusiasts and Bitcoin maximalists alike. Ordinal Bored Ape Yacht Club has outlined an ambitious roadmap with a series of exciting plans that aim to revolutionize the cryptocurrency landscape: Major CEX Listings: $OBAYC will be listed on several leading cryptocurrency exchanges, ensuring increased liquidity and accessibility for a broader range of investors and traders. Top YouTuber Campaign: OBAYC is launching a strategic marketing campaign featuring influential YouTubers to create widespread awareness and drive the adoption of $OBAYC, thereby expanding the reach of the project to a global audience. Airdrop to Bored Ape Holders + Ordinal Communities: As a token of gratitude to Bored Ape holders and the wider Ordinal community, OBAYC will distribute exclusive airdrops of $OBAYC tokens. This gesture aims to reward their unwavering support and foster a strong and engaged community. There is a 5% allocation specifically reserved for ape holders, allowing anyone who possesses an ape in their wallet to come and claim. Insane OBAYC Bitcoin NFTs: OBAYC will create unique and highly sought-after OBAYC Bitcoin NFTs, offering an unprecedented level of value and utility to token holders. These exclusive digital collectibles will provide access to a range of privileges and experiences within the Bored Ape Yacht Club ecosystem. OBAYCSwap: A user-friendly and efficient token-swapping mechanism will be introduced, enabling seamless conversion between BTC and $OBAYC tokens. This feature will enhance liquidity and facilitate convenient asset management for our users. Crazy Holder Bonuses & Benefits: $OBAYC holders will enjoy a host of exciting bonuses and benefits, including exclusive access to limited-edition NFT drops, VIP events, community governance, and participation in the decision-making process. Story continues The Ordinal Bored Ape Yacht Club team comprises highly experienced developers who have previously launched projects with market caps exceeding $50 million. Additionally, OBAYC’s talented marketing team includes professionals who have spearheaded successful campaigns for renowned crypto projects such as Kishu and Baby Doge. Ordinal Bored Ape Yacht Club aims to bridge the gap between the BTC maximalist community and the vibrant Bored Ape Yacht Club ecosystem. By combining the strength of Bitcoin with the creative spirit and passionate community of BAYC, the project strives to redefine the possibilities within the crypto space. To learn more about Ordinal Bored Ape Yacht Club and participate in the project, visit the official website at https://www.ordinalbayc.net/ . The presale for $OBAYC tokens is currently live and can be accessed at https://www.pinksale.finance/launchpad/0x188f473baf13E30ed045cfe75b00bd3527E65b44?chain=ETH&refId=0x7bfa3433d4CbBE59bDC195625213978B19Bb2Ac7 . About Ordinal Bored Ape Yacht Club ($OBAYC) Ordinal Bored Ape Yacht Club ($OBAYC) is a groundbreaking project that combines the world of Bored Apes and Bitcoin by fractionalizing the $OBAYC Ordinal into 1 quadrillion ERC20 tokens and wrapping them with WETH. As the first-ever Bored Ape Yacht Club token residing on the Bitcoin network, $OBAYC offers a unique experience for BTC maximalists and BAYC enthusiasts. The project aims to bridge the gap between Bitcoin and BAYC communities, providing unprecedented opportunities for users in both networks. Website \| 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: 2023-06-10 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $495,968,543,400 - Hash Rate: 392218411.0764248 - Transaction Count: 365369.0 - Unique Addresses: 643676.0 Social & AI Sentiment: - Fear & Greed Index: 0.49 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Kyle White agrees to his second entrepreneurial exit after Interstellar Digital acquisition Miami, FL, May 16, 2023 (GLOBE NEWSWIRE) -- Interstellar Digital LLP, a leading venture marketing agency founded by Kyle White and Maria Lobanova, has been acquired in full by new LLC, to focus more on public relations, branding, and communication for an undisclosed sum. The acquisition will create Interstellar Digital LLC based in Miami that will offer a full range of digital services to clients across various industries including blockchain technologies and non-fungible tokens. Interstellar Digital is led by Maria Lobanova who has a 10 plus year history delivering success to clients. Kyle White will remain on as a Partner Advisor with the new company, bringing his expertise and experience in scaling startups and structuring communication success. The acquisition makes this Kyle’s second successful exit from a startup he founded in his career. He is also a sought-after speaker, analyst, and author on blockchain topics having first utilized crypto in 2015. Kyle is an experienced venture marketing Advisor and M&A Executive for over 15 companies raising over $600 million in funding and worked on over $2 billion in acquisitions. “I’m thrilled to see Maria Lobanova and her team at Interstellar Digital LLC set up this new structure,” said White. “Maria is a visionary leader who shares my passion for creating impactful solutions for clients. Together, we delivered exceptional results and value helping Interstellardigital.io to continue to thrive under her leadership.” Maria Lobanova will continue on as the CEO of the Interstellar Digital LLP public relations agency. In addition to Interstellar Digital, she is a contributor to top media outlets including Bitcoin Magazine, HackerNoon, and GQ. Maria started in the crypto industry in 2016 meeting with Vitalik Buterin in Moscow early on in her career. Maria has organized tier one crypto events like Cryptospace Moscow with top industry leaders including the CGO of Binance, the CEO of eToro, and CEO of Metaverse. During CryptoRunway at Art Basel in Miami she spoke on the panel with the CEO of Rarible and the CEO of Doodles. Maria organized the Crypto Gala in Miami sponsored by Polygon, Securitize and other notable companies as well as the Gam3r’s Choice Awards. “I’m delighted to have acquired Interstellar Digital LLP in full,” said Lobanova. “Kyle is a blockchain legend who has built an impressive portfolio of clients and projects over the years. His expertise and insights will continue to be invaluable to Interstellar Digital.” Interstellar Digital LLC will operate in Miami but continue to have a global presence. The company will continue to offer its signature services such as public relations, communications, influencer marketing, social media management, community management, and event planning. Interstellar Digital LLC offers a full range of digital marketing services to clients across various industries like web3, blockchain, AI, and high tech. The company was formed by the acquisition of Interstellar Digital Partnership by Maria Lobanova. The acquisition of Interstellar LLP marks Kyle White’s second successful entrepreneurial exit and he will remain as a Partner advisor with the new company. For more information, visit interstellardigital.io or follow @interstellardigitalpr on Instagram. Disclaimer : There is no offer to sell, no solicitation of an offer to buy, and no recommendation of any security or any other product or service in this article. This is not investment advice. Please do your own research. Media Contact : Contact : Maria Lobanova Email : [email protected] Location : Miami, FL Source: Interstellar Digital... - Reddit Posts (Sample): [['u/greenglobones', 'Ignorant question: What would incentivize miners 50-100+ years from now to continue mining Bitcoin to maintain the network as block rewards become less profitable through the halvening?', 41, '2023-06-10 00:06', 'https://www.reddit.com/r/CryptoCurrency/comments/145icdf/ignorant_question_what_would_incentivize_miners/', 'Would people continue mining or attempting to maintain the Bitcoin network through mining in 50-100+ years from now? I suppose that as mining becomes less profitable with block rewards decreasing, what will incentivize the miners in the future?\n\nI suppose that as the price of Bitcoin increases, rewards will still be more profitable since ~6btc/block now would be less profitable than ~3btc/block at a point in the future with the value of 1btc presumed to be higher at that future point. But if BTC does ever find a ceiling, what would the incentive be to continue maintaining the network if 100+ years from now, rewards have been halved so much?', 'https://www.reddit.com/r/CryptoCurrency/comments/145icdf/ignorant_question_what_would_incentivize_miners/', '145icdf', [['u/Baecchus', 29, '2023-06-10 00:17', 'https://www.reddit.com/r/CryptoCurrency/comments/145icdf/ignorant_question_what_would_incentivize_miners/jnl656w/', "The idea is that Bitcoin's price increase will be able to keep up with decreased rewards.\n\nWill it play out that way? We don't know. That's all there is really.", '145icdf'], ['u/Calm-Cartographer677', 11, '2023-06-10 00:18', 'https://www.reddit.com/r/CryptoCurrency/comments/145icdf/ignorant_question_what_would_incentivize_miners/jnl6awu/', 'Mining operations will likely continue to become more efficient over time which will reduce costs and partially offset the reducing block reward.', '145icdf'], ['u/djmoblei', 40, '2023-06-10 00:22', 'https://www.reddit.com/r/CryptoCurrency/comments/145icdf/ignorant_question_what_would_incentivize_miners/jnl6ri3/', 'Fees.', '145icdf'], ['u/EggplantsLover', 20, '2023-06-10 00:23', 'https://www.reddit.com/r/CryptoCurrency/comments/145icdf/ignorant_question_what_would_incentivize_miners/jnl6ye3/', "Because Bitcoin miners are nice, not-greedy people who don't care about profits and would happily take a loss for the good of the community /s", '145icdf'], ['u/Baecchus', 10, '2023-06-10 00:48', 'https://www.reddit.com/r/CryptoCurrency/comments/145icdf/ignorant_question_what_would_incentivize_miners/jnla8gn/', 'Ordinals have entered the chat', '145icdf']]], ['u/BashCo', "On June 12th, r/Bitcoin will go dark for 48 hours in protest of Reddit's API changes that will kill 3rd party apps.", 970, '2023-06-10 00:10', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/', 'Additional reading:\n\nhttps://www.reddit.com/r/Save3rdPartyApps/comments/13yh0jf/dont_let_reddit_kill_3rd_party_apps/\n\nhttps://www.reddit.com/r/redditdev/comments/144l86y/takeaways_and_recommendations_after_api_meeting/\n\nhttps://www.reddit.com/r/apolloapp/comments/144f6xm/apollo_will_close_down_on_june_30th_reddits/\n\nhttps://www.reddit.com/r/redditisfun/comments/144gmfq/rif_will_shut_down_on_june_30_2023_in_response_to/\n\nhttps://www.reddit.com/r/reddit/comments/145bram/addressing_the_community_about_changes_to_our_api/', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/', '145iff8', [['u/TheRealestLarryDavid', 26, '2023-06-10 00:12', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnl5jqq/', 'with you bud. after the outrageous AMA today I imagine this blackout will last indefinitely for a lot of subs', '145iff8'], ['u/GimmeFunkyButtLoving', 10, '2023-06-10 00:43', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnl9igj/', 'NOSTR fixes this', '145iff8'], ['u/Korberos', 35, '2023-06-10 00:56', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnlb5ot/', "Hell yeah. Don't forget to post on [this thread](https://www.reddit.com/r/ModCoord/comments/1401qw5/incomplete_and_growing_list_of_participating/) so you guys get added to the list.", '145iff8'], ['u/Fiach_Dubh', 11, '2023-06-10 01:25', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnley9o/', 'and my axe.\n\nr/bitcoinca will be joining this protest as well', '145iff8'], ['u/BashCo', 23, '2023-06-10 01:52', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnliaq3/', '[Done](https://www.reddit.com/r/ModCoord/comments/1401qw5/incomplete_and_growing_list_of_participating/jnlbv2d/)', '145iff8'], ['u/knuF', 13, '2023-06-10 01:56', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnliqp3/', 'So we going Nostr or what?', '145iff8'], ['u/LNCrizzo', 102, '2023-06-10 02:11', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnlkkst/', 'See you all on nostr.', '145iff8'], ['u/18476', 81, '2023-06-10 02:19', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnllnv3/', "Two days? Yea, that'll teachem.", '145iff8'], ['u/Autism0600', 26, '2023-06-10 03:28', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnlu2vi/', "I don't see what the point of taking 2 days off is going to do. We all know about this. No one likes it. They aren't changing their minds and going dark for a weekend isn't going to break their business. \n\nGo dark for a month or a quarter so they actually feel it. Promote alternatives. Even consider deleting the sub entirely. \n\nThey need to see their new move as less profitable than alternatives. Most businesses can handle two days without revenue. Especially a VC driven industry like tech. The only real threat is migration and deletion. Everything else they can just ignore.", '145iff8'], ['u/mrASSMAN', 14, '2023-06-10 03:46', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnlw87y/', 'Make it a week', '145iff8'], ['u/Korberos', 11, '2023-06-10 03:48', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnlwf40/', 'Over 3500 subreddits are part of it, so apparently a lot of people other than you.', '145iff8'], ['u/BashCo', 21, '2023-06-10 03:50', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnlwnga/', "I think most mods acknowledge that reddit admins aren't going to change course. But in my opinion it's about applying pressure to admins for the absolute shit job they've been doing managing this site over the past several years. Shitting on devs and communities that have helped make this site what it is (for better or worse) is just adding insult to injury.", '145iff8'], ['u/LNCrizzo', 16, '2023-06-10 06:36', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnmew2n/', 'Censorship resistant social media not controlled by a greedy corporation. r/nostr for more info or download Damus for iPhone or Amethyst for Android and jump right in. No KYC to participate either.', '145iff8'], ['u/LNCrizzo', 12, '2023-06-10 08:39', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnmp4xg/', 'The best clients right now are like Twitter, but the protocol is flexible and someone is working on a Reddit clone zapddit.com', '145iff8'], ['u/LNCrizzo', 13, '2023-06-10 09:36', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnmtd3x/', "It's an open source protocol that anyone can build on top of. There is no way for one entity to monopolize the entire thing, so people will always have a choice in how they want to interact with the network. The identity you create (you public/private key pair) is portable and you can take it with you to any client (app) without having to start a new profile from scratch.", '145iff8'], ['u/3D-LASERWOLF', 15, '2023-06-10 11:43', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnn2bov/', 'Then do it indefinitely', '145iff8']]], ['u/lilpoostain200', 'Would You Buy An Unprofitable Business Sitting on Tons of Cash?', 14, '2023-06-10 01:04', 'https://www.reddit.com/r/ValueInvesting/comments/145jqm9/would_you_buy_an_unprofitable_business_sitting_on/', 'I recently came across $EBON, which is a Chinese crypto and blockchain technology company sitting on $250 million dollars of cash with relatively 0 debt or other liabilities and a market cap of $46 million. 90% of revenue had come from Bitcoin mining and net income has been negative for several years. I believe the company will most likely stay unprofitable but are they still undervalued given how much cash they have? I think the company is in a really interesting situation and look forward to watching what happens to the stock price over the next few years.', 'https://www.reddit.com/r/ValueInvesting/comments/145jqm9/would_you_buy_an_unprofitable_business_sitting_on/', '145jqm9', [['u/AleIrurzun', 33, '2023-06-10 01:24', 'https://www.reddit.com/r/ValueInvesting/comments/145jqm9/would_you_buy_an_unprofitable_business_sitting_on/jnletix/', 'Seems like they have no viable business model at all. All that cash was gained raising capital', '145jqm9'], ['u/whiskeyinthejaar', 47, '2023-06-10 01:29', 'https://www.reddit.com/r/ValueInvesting/comments/145jqm9/would_you_buy_an_unprofitable_business_sitting_on/jnlfd1t/', 'When you dance with the pigs, you will smell like shit.', '145jqm9'], ['u/RotoHack', 10, '2023-06-10 02:02', 'https://www.reddit.com/r/ValueInvesting/comments/145jqm9/would_you_buy_an_unprofitable_business_sitting_on/jnljgk2/', 'You should watch China hustle. 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: ['By Louis Juricic and Sarina Isaacs Investing.com -- Here is your weekly Pro Recap on the biggest headlines out of a big earnings week for tech: reactions to Apple\'s Vision Pro launch; the SEC\'s lawsuit against Coinbase; GM\'s collaboration with Tesla; Amazon Prime\'s coming ad-supported tier; and Netflix\'s win on password-sharing crackdown. InvestingPro subscribers get tech headlines like these in real time. Never miss another market-moving alert . A lackluster response to Apple\'s Vision Pro Wall Street reacted with caution to Apple\'s (NASDAQ:AAPL) launch of its much-anticipated mixed reality headset, Vision Pro, which comes at a higher-than-expected price of $3,499. CFRA, for example, said Although we are impressed by its best-in-class hardware/immersive capabilities, we think AAPL failed to identify why it\'s a must-own device for consumers, at least for now. Still, the company\'s entry into the space and greater engagement from developers will help support adoption and new use cases over time. Goldman Sachs said it is encouraged by long-term growth prospects, "but expect near-term financial contributions to be limited" particularly given the high retail price point and media reports that it may be sold at breakeven. And BofA similarly said it expects that "adoption will take time." Apple shares initially sank on news of the launch but partially recovered, and ended the week down just 0.9%. The stock is up some 45% year to date. Coinbase sued by SEC Cryptocurrency exchange Coinbase (NASDAQ:COIN) took a dive early in the week after it was sued by the Securities and Exchange Commission (SEC) for an alleged breach of U.S. securities rules. “We allege that Coinbase, despite being subject to the securities laws, commingled and unlawfully offered exchange, broker-dealer, and clearinghouse functions,” said SEC Chair Gary Gensler in a press release. The exchange is accused of making billions of dollars “unlawfully facilitating the buying and selling of crypto asset securities.” Story continues BofA reiterated its Underperform rating on the stock and said, "[W]e think these latest developments illustrate ongoing regulatory headwinds, which not only could threaten part of [Coinbase]’s business model, but also represent a big management distraction." Meanwhile, Cathie Wood’s Ark Invest increased its stake in the company, as the stock hit near five-month lows. Wood has repeatedly expressed confidence in Coinbase and the broader crypto industry, and has cited a $1 million long-term price target for Bitcoin on the belief that it is an effective inflation hedge. Coinbase shares fell nearly 16% for the week, having lost ground Monday as well after the SEC sued Binance. It\'s still up nearly 60% for the year. General Motors to partake in Tesla\'s charging network General Motors (NYSE:GM) CEO Mary Barra confirmed this week that the company is preparing to integrate the North American Charging Standard (NACS) connector, designed by Tesla (NASDAQ:TSLA), into its EVs beginning in 2025. The announcement, made during a live meeting on Twitter Space with Tesla CEO Elon Musk, mirrors a similar revolution made late last month when neighboring rival Ford Motor (NYSE:F) also announced a collaboration with Musk\'s Tesla. These partnerships allow Ford and GM customers to access the extensive network of Tesla Superchargers. The next day, White House officials handed Tesla another win when they announced that the company’s Superchargers would be eligible to receive a portion of federal funds, amounting in the billions, so long as the chargers also included CCS connections. After the GM news, Wedbush raised its price target on Tesla to $300 from $215, reiterated its "Outperform" rating, and added the shares to the "Wedbush Best Ideas List." GM climbed more than 5% for the week to $36.23. Tesla was up 4% to $244.40, extending an over 117% gain year to date. Amazon to launch ad-supported Prime Video tier: report Amazon (NASDAQ:AMZN) plans to launch an advertising-supported tier of its Prime Video streaming services as part of a move to bolster growth from entertainment, the Wall Street Journal reported Wednesday, citing unnamed sources. Plans to launch an ad-supported tier for its Prime Video streaming service follow similar moves by rivals including Netflix (NASDAQ:NFLX) and Disney (NYSE:DIS) as streaming platforms look for ways to support content spending amid an ongoing battle for dominance. Warner Bros Discovery (NASDAQ:WBD) and Paramount (NASDAQ:PARAA), meanwhile, are reportedly in talks with Amazon to add the ad-based tiers of their streaming services through Amazon’s Prime Video channels. Bank of America analysts believe the ad-supported tier makes sense for Prime Video. "Amazon’s user data, existing relationships with retail advertisers, and extensive ad sales teams provide a competitive advantage for monetizing ad-streaming. Also, tiering may enable Amazon to raise fees on ad-free Prime tiers, which would follow recent fee increases for various Prime and 3P services," it wrote in a client note. The analysts also expect Amazon to continue to lean into video content vs. pulling back in a bid to drive usage. Warner Discovery and Paramount closed the week up 18% and 5%, respectively, following the news. Amazon ended nearly breakeven for the week. Netflix scoops up new subscribers amid password-sharing crackdown Netflix climbed after The Wall Street Journal reported that the crackdown on password sharing in the U.S. delivered a new subscriber windfall in its earliest days. Citing data from Antenna, the WSJ said the streaming giant gained more new U.S. subscriptions between May 25 and May 28, not long after it notified users in the U.S. and other countries of the limits than in any other four-day period since Antenna commenced compiling the data in 2019. The jump in subscribers suggests Netflix’s decision to end password sharing is yielding results. The move to end password sharing means users who share an account outside the same home must pay an extra $7.99 a month to watch. In addition, the number of extra members customers could add to their account is limited, depending on the tier they pay for. Shares rose just under 5% for the week, with year-to-date gains totaling over 40%. Senad Karaahmetovic, Sam Boughedda, Ambar Warrick, and Michael Elkins contributed to this report. Jump on the biggest tech news for your portfolio amid a barrage of market headlines: Always be the first to know with InvestingPro . Related Articles This week in tech: A tepid response to Apple\'s Vision Pro; SEC vs. Coinbase Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.01% Investors rethink recession plays, boosting U.S. stock market laggards', 'By Louis Juricic and Sarina Isaacs\nInvesting.com -- Here is your weekly Pro Recap on the biggest headlines out of a big earnings week for tech: reactions to Apple\'s Vision Pro launch; the SEC\'s lawsuit against Coinbase; GM\'s collaboration with Tesla; Amazon Prime\'s coming ad-supported tier; and Netflix\'s win on password-sharing crackdown.\nInvestingProsubscribers get tech headlines like these in real time.Never miss another market-moving alert.\nWall Street reacted with caution to Apple\'s (NASDAQ:AAPL) launch of its much-anticipated mixed reality headset, Vision Pro, which comes at a higher-than-expected price of $3,499.\nCFRA, for example, said\nAlthough we are impressed by its best-in-class hardware/immersive capabilities, we think AAPL failed to identify why it\'s a must-own device for consumers, at least for now. Still, the company\'s entry into the space and greater engagement from developers will help support adoption and new use cases over time.\nGoldman Sachs said it is encouraged by long-term growth prospects, "but expect near-term financial contributions to be limited" particularly given the high retail price point and media reports that it may be sold at breakeven.\nAnd BofA similarly said it expects that "adoption will take time."\nApple shares initially sank on news of the launch but partially recovered, and ended the week down just 0.9%. The stock is up some 45% year to date.\nCryptocurrency exchange Coinbase (NASDAQ:COIN) took a dive early in the week after it was sued by the Securities and Exchange Commission (SEC) for an alleged breach of U.S. securities rules.\n“We allege that Coinbase, despite being subject to the securities laws, commingled and unlawfully offered exchange, broker-dealer, and clearinghouse functions,” said SEC Chair Gary Gensler in a press release.\nThe exchange is accused of making billions of dollars “unlawfully facilitating the buying and selling of crypto asset securities.”\nBofA reiterated its Underperform rating on the stock and said, "[W]e think these latest developments illustrate ongoing regulatory headwinds, which not only could threaten part of [Coinbase]’s business model, but also represent a big management distraction."\nMeanwhile, Cathie Wood’s Ark Invest increased its stake in the company, as the stock hit near five-month lows. Wood has repeatedly expressed confidence in Coinbase and the broader crypto industry, and has cited a $1 million long-term price target for Bitcoin on the belief that it is an effective inflation hedge.\nCoinbase shares fell nearly 16% for the week, having lost ground Monday as well after the SEC sued Binance. It\'s still up nearly 60% for the year.\nGeneral Motors (NYSE:GM) CEO Mary Barra confirmed this week that the company is preparing to integrate the North American Charging Standard (NACS) connector, designed by Tesla (NASDAQ:TSLA), into its EVs beginning in 2025.\nThe announcement, made during a live meeting on Twitter Space with Tesla CEO Elon Musk, mirrors a similar revolution made late last month when neighboring rival Ford Motor (NYSE:F) also announced a collaboration with Musk\'s Tesla.\nThese partnerships allow Ford and GM customers to access the extensive network of Tesla Superchargers.\nThe next Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-11 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $500,604,948,938 - Hash Rate: 415140266.2692028 - Transaction Count: 399201.0 - Unique Addresses: 561469.0 Social & AI Sentiment: - Fear & Greed Index: 0.47 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The bitcoin mining hashrate, a measure of computing power on the network, will likely decline dramatically a year from now, once rewards are halved. Roughly every four years, the reward for successfully mining a bitcoin block is cut in half. This event, known as the halving , reduces inflationary pressure on bitcoin. Currently, rewards are 6.25 BTC per block ($170,000) and in April 2024 they will be reduced to 3.125 BTC per block ($85,000). Currently, publicly listed miners mine at a cost of $10,000-$15,000 per bitcoin, said Wolfie Zhao, head of research at mining consultancy Blocksbridge. Once the halving happens, these costs will double, bringing miners breakeven point to $20,000-$30,000. If bitcoin isnt seriously above $30,000, many of them could be mining at a gross loss, he said. Wall Street giant JPMorgan predicted the cost to mine bitcoin could rise as high as $40,000 after the halving. With such a high cost of mining and absent any significant rally in the price of bitcoin, only the most cost efficient miners will survive, while others will be forced to shut down their operations. Energy cost and equipment efficiency will determine winners and losers post halving, said Kerri Langlais, chief strategy officer at bitcoin miner TeraWulf (WULF). Operators with higher production costs per bitcoin will have a more difficult time surviving the halving. According to data compiled by Zhao , Stronghold Digital Mining (SDIG), Cipher Mining (CIFR) and Riot Platforms (RIOT) have the lowest costs of production, with Stronghold at $8,200, Cipher at $8,600 and Riot at $10,400 per bitcoin in the first quarter. Efficiency matters Considering that margins are likely to shrink, miners have begun strategizing on capital preservation, fleet efficiency, and diversification, investment bank Stifels analyst Bill Papanastasiou wrote in a note in late May. Broadly speaking, the industry has turned its focus to the efficiency of operations and machines, as opposed to simply bringing as much hashrate online as possible, which was the case during the bull market of 2021. Story continues Read more: A Huge Glut of Bitcoin Mining Rigs Is Sitting Unused in Boxes Once the hashrate sees a large drop off immediately after the halving, we will see very slow growth the following months as the efficient machines replace older machines, and machines change hands to lowest cost operators, said Ethan Vera, chief operating officer at mining services firm Luxor Technologies. New investments Moreover, investments in new machines have been measured, Papanastasiou said, given the uncertainty over the economics of mining for the upcoming year. The mining business already comes with a high cost of capital relative to other industries, double that of the precious metals sector, according to Luxor Technologies analyst Jaran Mellerud . The lack of investment might seem counterintuitive considering that hashrate and difficultya measure of how easily miners can discover a block of bitcoin has been consistently increasing in the past few months, despite the crypto bear market. Both metrics, key measures for the miners profitability, have been setting new all-time highs throughout 2023. Read more: Bitcoin Mining Difficultys Record Setting Streak Shows No Signs of Stopping However, the rising hashrate can reflect economic conditions of several months ago. Because mining facilities and equipment take several months to be developed, the hashrate growth largely reflects investments made in previous periods. Still, discussions for new developments have seen an uptick in 2023, said B Riley analyst Lucas Pipes in a note to investors. Investment in new buildings is subdued compared to 2021 levels, but relative to the autumn of 2022, when bitcoin prices were in their lows of around $15,000, the situation has improved for the industry. A rally in the price of bitcoin or a major slump in energy prices could boost miners profitability, such that they dont have to power off after the halving. Bloomberg Intelligence and Matrixport said that the halving has the potential to supercharge the price of bitcoin by as much as 81%. Historically, the rise in the price of BTC has outpaced the impact of the halving. Time will tell what happens in this cycle, said Langlais.... - Reddit Posts (Sample): [['u/buttcoin_lol', 'Why this time is different: no fiat on/off ramps means no financial future for crypto', 28, '2023-06-11 00:49', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/', "I've been hodling for years and this is the only time that scares me.\n\nI'm specifically talking about the SEC cutting Binance off from USD transfers.\n\nEvery other crisis before I know I could ride out, because I know sentiment is cyclical and prices recover in the long run. I can wait out bear markets and whatever FUD, no problem.\n\nThis time is different because now, I can't rely on an exchange to exist at the end of my long-term hodling to be there to cash out. I'm not one of those people who think BTC will replace fiat and we're all going to transact in crypto. No, the IRS is not going to accept BTC for taxes, ever. McDonald's is not going to. I can't buy a house with crypto. \n\nEven if I wait long enough and BTC is worth $1 million, it's useless to me if there are no exchanges or banks around anymore willing to mess with the government to give me those dollars.\n\nThe SEC is not going to stop with Binance. Coinbase is next, then Kraken, and they will drive out the common ways for people to cash out, until we have to use small sketchy sites based in Bermuda or wherever.\n\nCoinbase can put up a fight. It doesn't matter because their banking partners won't. Banks will cut ties to avoid the risk of being near crypto, and make money somewhere safer.\n\nTell me how crypto can be a good investment seeing how the entire asset class is going to be blacklisted and cut off from the US financial system.", 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/', '146dkt0', [['u/jebelsbemdisbe', 11, '2023-06-11 00:53', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnppnoy/', 'Sell me your coins then', '146dkt0'], ['u/StonedRex', 19, '2023-06-11 00:53', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnppp0w/', 'We can still do P2P sales of crypto. Or you can go to a country that is not the US and cash out your crypto.', '146dkt0'], ['u/Onnimation', 63, '2023-06-11 00:54', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpps2s/', 'Remember there was also a time when alcohol and weed was banned in the US and look what happened.', '146dkt0'], ['u/ZelWinters1981', 12, '2023-06-11 00:54', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpptna/', "It's not just the US. Binance has cut direct FIAT transfers in Australia too.", '146dkt0'], ['u/Einsatzpause', 47, '2023-06-11 00:57', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpq7ow/', "There are more countries than the USA.\n\nIt sucks for you guys, you've got elections coming up next year. Maybe you should give your vote to a candidate who is more crypto friendly.", '146dkt0'], ['u/Onnimation', 19, '2023-06-11 01:07', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnprd14/', 'Unless you ban the internet, people can always trade crypto.', '146dkt0'], ['u/VileNonShitter', 13, '2023-06-11 01:08', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnprjxj/', 'Physical products and services are your on/off ramp, just as Satoshi planned.', '146dkt0'], ['u/StoryPale', 287, '2023-06-11 01:09', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnprm7a/', "The world is much bigger than the US, it's really unfortunate this is happening since US was a crypto haven for a long time but gotta move on.", '146dkt0'], ['u/Therowerr', 13, '2023-06-11 01:17', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpsoij/', 'Exactly, other countries can still adopt crypto...', '146dkt0'], ['u/easer888', 14, '2023-06-11 01:20', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpsymk/', 'Every time and cycle its the same, people freaking out because there is dropping hard, but eventually goes UP!\n\nprobably all this FUD will convert into FOMO middle of next year', '146dkt0'], ['u/bccrz_', 44, '2023-06-11 01:26', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnptr2x/', 'Bitcoin isn’t in danger since it’s a commodity. As long as there are on-ramps to BTC, there can be indirect on-ramps to other cryptocurrencies, right?', '146dkt0'], ['u/burn-slippy', 21, '2023-06-11 01:29', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpu0fe/', 'All this regulation, US is setting up for the introduction of thier cbdc. Nigeria has already done this and their eNaira failed with a user rate of 0.05% of population while crypto use is still aprox 32%. Goverments that are a democracy will always struggle to gain adoption from citizens through choice. I would start worring when goverments start changing laws to make cbdc the sole legal tender for their country.', '146dkt0'], ['u/Savik519', 13, '2023-06-11 01:31', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpubs0/', 'First they ignore you\n\nThen they laugh at you\n\nThen they fight you\n\nThen Bitcoin wins.', '146dkt0'], ['u/Savik519', 40, '2023-06-11 01:38', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpv6p4/', 'Same with gold…', '146dkt0'], ['u/Buttsydon1', 21, '2023-06-11 01:52', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpwujo/', 'Cash out for £ on a exchange in uk an swap £ for $ to cash out.', '146dkt0'], ['u/Odysseus_Lannister', 11, '2023-06-11 01:59', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpxmol/', 'Yeah I’m still not voting for desantis even if that means crypto dies in my country. Hello cold storage and VPNs then.', '146dkt0'], ['u/Radiologer', 13, '2023-06-11 02:03', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpy6z1/', 'Are the stores that accept crypto for goods and services in the room with us now?', '146dkt0'], ['u/Baecchus', 38, '2023-06-11 02:03', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpy7lz/', "People don't seem to understand this.\n\nWorst case scenario: BTC is safe. Altcoins aren't.\n\nBTC will continue to get adopted by institutions and users. Altcoins might not.\n\nNothing about BTC has changed.", '146dkt0'], ['u/Baecchus', 17, '2023-06-11 02:06', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpyhz6/', "The thing is the US has the biggest influence and share on Crypto by far and whatever happens in the US will reflect everywhere else.\n\nYou can expect most other countries to follow in their footsteps. I don't like it, I'm just saying it like it is.", '146dkt0'], ['u/Baecchus', 13, '2023-06-11 02:11', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpz2r7/', 'Lightning network. \n\nWhat do 99% of these altcoins do outside of luring in naive people to use them as exit liquidity?', '146dkt0'], ['u/vnielz', 19, '2023-06-11 02:22', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnq0fcy/', 'Imo that influence could shift also as more great crypto companies already find their bases outside the US, also BRICS getting stronger, and innovation rapidly grows in Asia and africa too.\n\nTime will tell i guess', '146dkt0'], ['u/Machete521', 15, '2023-06-11 02:29', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnq19sm/', 'ABSOLUTE worst case? Peer to peer.', '146dkt0'], ['u/Eww_vegans', 44, '2023-06-11 02:30', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnq1etz/', 'US plus China is 40% of global GDP... Crypto needs liquidity to survive.', '146dkt0'], ['u/apathy420', 10, '2023-06-11 02:43', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnq2uuk/', 'Yeah… PayPal you can easily convert currency too. I do it all the time as one of my side gigs pays in GBP and I swap for usd.\n\nWhere there’s a will there’s a way :) FU sec and government. Go after the real financial criminals… oh wait that’s the lawmakers and their cronies', '146dkt0'], ['u/Kindly-Wolf6919', 117, '2023-06-11 03:01', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnq50k8/', "Correct. We can thank the US for bringing crypto this far. But it seems like they'll be passing on the torch soon. But I must say, the Caribbean is approaching crypto with a very open mind, as well as Europe. There is hope yet!", '146dkt0'], ['u/ptrnyc', 16, '2023-06-11 03:08', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnq5siw/', 'Also the EU seems to be wanting to adopt a much more nuanced stance regarding crypto.', '146dkt0'], ['u/fall0ut', 13, '2023-06-11 03:10', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnq629u/', 'Brics will never take over as a global currency. The world is not going to trust Russia, china, or Brazil. Brics is not getting stronger. 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: ['Renown crypto billionaire Cameron Winklevoss says the youth vote rescued the U.S. Democratic party from defeat in 2020—and that alienating them now will mean "lost votes" in the next election cycle.\n"Senator Warren and Gary Gensler’s war on crypto is going to alienate an entire generation of would-be Democrats," he tweeted.\nHis twin brother Tyler, with whom he co-founded crypto exchange Gemini in 2014, concurred.\n“Roe [v. Wade] cost Republicans the midterms,” Tylertweetedon Sunday. “The Sen. Warren and Gary Gensler war on crypto will cost Dems the 2024 election.”\nAndreessen Horowitz Opening Crypto Office in London\nCameron Winklevosstook to Twitterto denounce efforts by U.S. SenatorElizabeth Warrenand Head of the SECGary Genslerto undermine the cryptocurrency industry, saying their actions might have dire consequences for the Democratic party.\n“Crypto has already won the hearts and minds of Millennials and GenZ," Winklevosstweeted, adding that "they don’t debate the merits of crypto; and they won’t forget the value destruction Warren and Gensler have caused."\nCameron shared aCNN headlinefrom 2022 that indicates the Democrats saved face in last year’s elections thanks to young people. To the crypto entrepreneur, the current regulatory environment could blow up in their face.\nThe Winklevoss twins are long-time Bitcoin permabulls, calling for a$500,000bitcoin price point. Although Cameron has no official party line, he hassupportedRepublican candidates in the past.\nThese statements come amid aggressive actions from Warren and Gensler, two Democratic party members.\nWhat’s the Difference Between the Binance and Coinbase SEC Lawsuits?\nThe former Olympic rowerproposestwo explanations: "[The] blue establishment either doesn\'t understand what\'s going on with Warren and Gensler, or are grossly miscalculating the impact of their actions on youth vote this upcoming election cycle."\nWarren has made headlines this year for her "Anti Crypto Army." She has also claimed that the technology helpsfund the deadly fentanyltrade, broadlydeclaringthat crypto is used by criminals.\nGensler, a staunch critic of cryptocurrencies, is also in the spotlight this week, after the SEC charged bothCoinbaseandBinancewith breaking U.S. securities laws.\nNot all Democrats are anti-crypto, however. Presidential candidate Robert Kennedy Jr., ispro-Bitcoin, appearing as keynote speaker at the recent Bitcoin 2023 conference.\nGensler Is Driving Crypto to Communist China, Says Republican Congressman\nRepublicans, on the other hand, seem much more open to the idea of cryptocurrency.\nWyoming senator Cynthia Lummis, dubbed the "Bitcoin Senator," has beenchampioningBitcoin for years. Republican House Majority Whip Tom Emmer (R-MN) is considered "crypto-friendly."And Ron DeSantis, Governor of Florida and Republican presidential candidate, has meanwhileoutlawedCentral Bank Digital Currencies (CBDCs) in his state.\nThe numbers for crypto appear to be on the Winklevoss’ side. According to areportby Coinbase, approximately 66 million Americans (or 20% of the entire population) own digital assets.\n"They may not care about crypto, but they will care about the lost votes," Cameronconcluded.', 'Renown crypto billionaire Cameron Winklevoss says the youth vote rescued the U.S. Democratic party from defeat in 2020\x97and that alienating them now will mean "lost votes" in the next election cycle. "Senator Warren and Gary Gensler\x92s war on crypto is going to alienate an entire generation of would-be Democrats," he tweeted. His twin brother Tyler, with whom he co-founded crypto exchange Gemini in 2014, concurred. \x93Roe [v. Wade] cost Republicans the midterms,\x94 Tyler tweeted on Sunday. \x93The Sen. Warren and Gary Gensler war on crypto will cost Dems the 2024 election.\x94 Andreessen Horowitz Opening Crypto Office in London Cameron Winklevoss took to Twitter to denounce efforts by U.S. Senator Elizabeth Warren and Head of the SEC Gary Gensler to undermine the cryptocurrency industry, saying their actions might have dire consequences for the Democratic party. \x93Crypto has already won the hearts and minds of Millennials and GenZ," Winklevoss tweeted , adding that "they don\x92t debate the merits of crypto; and they won\x92t forget the value destruction Warren and Gensler have caused." Cameron shared a CNN headline from 2022 that indicates the Democrats saved face in last year\x92s elections thanks to young people. To the crypto entrepreneur, the current regulatory environment could blow up in their face. The Winklevoss twins are long-time Bitcoin permabulls, calling for a $500,000 bitcoin price point. Although Cameron has no official party line, he has supported Republican candidates in the past. These statements come amid aggressive actions from Warren and Gensler, two Democratic party members. What\x92s the Difference Between the Binance and Coinbase SEC Lawsuits? The former Olympic rower proposes two explanations: "[The] blue establishment either doesn\'t understand what\'s going on with Warren and Gensler, or are grossly miscalculating the impact of their actions on youth vote this upcoming election cycle." Story continues Warren has made headlines this year for her " Anti Crypto Army ." She has also claimed that the technology helps fund the deadly fentanyl trade, broadly declaring that crypto is used by criminals. Gensler, a staunch critic of cryptocurrencies, is also in the spotlight this week, after the SEC charged both Coinbase and Binance with breaking U.S. securities laws. Not all Democrats are anti-crypto, however. Presidential candidate Robert Kennedy Jr., is pro-Bitcoin , appearing as keynote speaker at the recent Bitcoin 2023 conference. Gensler Is Driving Crypto to Communist China, Says Republican Congressman Republicans, on the other hand, seem much more open to the idea of cryptocurrency. Wyoming senator Cynthia Lummis, dubbed the " Bitcoin Senator ," has been championing Bitcoin for years. Republican House Majority Whip Tom Emmer (R-MN) is considered " crypto-friendly ." And Ron DeSantis, Governor of Florida and Republican presidential candidate, has meanwhile outlawed Central Bank Digital Currencies (CBDCs) in his state. The numbers for crypto appear to be on the Winklevoss\x92 side. According to a report by Coinbase, approximately 66 million Americans (or 20% of the entire population) own digital assets. "They may not care about crypto, but they will care about the lost votes," Cameron concluded .', "(Some Fortune Crypto pricing data is provided by Binance.)The price of tokens tied to some of the best known blockchains plummeted on Friday days after the Securities and Exchange Commission declared them to be securities in complaints filed against Bitcoin and Ethereum experienced only minor dips, other well-known crypto projects took a beating.\nAs of Sunday evening, the price of Solana's SOL token was down nearly 30% over seven days, while Polygon's MATIC token and Cardano's ADA were down 28% and 29.5%, respectively, over the same period.\nWhile crypto prices slumped across the board following the SEC complaints, which dropped last Monday and Tuesday, it was only on Friday that markets experienced a massive sell-off.\nThe cause of Friday's plunge appears to be a decision by some of the biggest crypto market makers and trading firms to dump their holdings. A Coindeskreportpointed totweetsfrom the analytics firm LookOnChain, which cited blockchain data to say wallets tied to Cumberland, Jump Trading and Robinhood had off-loaded a large volume of tokens to exchanges.\nThese firms' large holdings, combined with an illiquid trading environment following the SEC declaration, likely led to an especially steep drop in prices. Meanwhile, Robinhood on Friday announcedit would delistSolana, Cardano, and Polygon from its exchange as of June 27—another likely blow to their value.\nSolana and Cardano are so-called layer-1 blockchains, which aspire to challenge Ethereum, while Polygon is a side-chain that helps process Ethereum transactions more efficiently. While they took the biggest price hit, other well-known blockchains also experienced a big blow in the wake of the SEC complaints.\nThe seven-day price for tokens tied Filecoin and Internet Computer—both of which were also labelled as securities by the SEC—were down 26% and 24%, respectively, on Sunday. Meanwhile, a number of well-known older projects, notably Litecoin and Dogecoin, were not labelled as securities and have fallen by around 15%.\nThe crypto industry has long decried what it claims has been a lack of guidance from the SEC when it comes to determining which blockchain tokens are securities. The issue is the subject of a closely watchedlegal battlebetween the agency and Ripple, which is associated to the XRP token. A decision is expected as soon as this summer.\nBitcoin, which is down 4% over the past week, is the only token that the SEC has stated not to be a security. Ethereum, whose legal status is unclear, is down 7%. The two tokens are by far the biggest cryptocurrencies by market cap.\nThis story was originally featured onFortune.com\nMore from Fortune:5 side hustles where you may earn over $20,000 per year—all while working from homeLooking to make extra cash? This CD has a 5.15% APY right nowBuying a house? Here's how much to saveThis is how much money you need to earn annually to comfortably buy a $600,000 home", "(Some Fortune Crypto pricing data is provided by Binance.) The price of tokens tied to some of the best known blockchains plummeted on Friday days after the Securities and Exchange Commission declared them to be securities in complaints filed against Bitcoin and Ethereum experienced only minor dips, other well-known crypto projects took a beating. As of Sunday evening, the price of Solana's SOL token was down nearly 30% over seven days, while Polygon's MATIC token and Cardano's ADA were down 28% and 29.5%, respectively, over the same period. While crypto Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-12 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $501,788,921,156 - Hash Rate: 399859029.4740175 - Transaction Count: 370634.0 - Unique Addresses: 617352.0 Social & AI Sentiment: - Fear & Greed Index: 0.47 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin, the world’s largest cryptocurrency by market capitalization, rose 9.87% in the week through April 14 to trade at US$30,688 at 9:15 p.m. on Friday in Hong Kong.Etherrose 13.16% in the same period to US$2,100. It’s been an eventful week for crypto and the global economy. Bitcoin broke US$30,000for the first time since June 2022, days after the blockchain surpassed1 million Ordinalsinscriptions, generating over US$4.8 million in fees for the network. Ordinals are likened to non-fungible tokens (NFTs) on Bitcoin and allow users to mint images, videos, text and even video games. Investor sentiment ticked up after Ethereum completed theShanghai upgradeon Wednesday, enabling staking withdrawals for the first time. Ether broke through the US$2,000 ceiling for the first time since August last year, snuffing out initial concerns that Ether withdrawals would addselling pressureon the world’s second-largest cryptocurrency. Even if Ether are unstaked, it does not necessarily mean that people are going to sell, because they could also use it for other DeFi investments, Chen Zhuling, co-founder and CEO of crypto staking platform RockX, said in an interview on Thursday. On economy readings, the U.S. consumer price index (CPI) released on Wednesday showed a cooler-than-expected inflation gain of 5% in March on year, the smallest increase since May 2021. U.S. equities rallied Thursday on softer readings in the U.S. producer price index and jobless claims, adding to optimism the Federal Reserve could soon end its year-long cycle of raising interest rates to curb inflation. The seeming slowdown in inflation could encourage investors and hedge funds to buy Bitcoin, said Marat Minkin, co-founder of decentralized finance payment appTONBanking. Lower inflation usually encourages investors to take a more aggressive risk stance for assets like Bitcoin, said Minkin in emailed comments. John Isige, an analyst at crypto trading platformVauld, said that Bitcoin’s gains this year show it is maturing as an asset class and that it offers a hedge against economic uncertainty. “Bitcoin is definitely at the start of a bull run. Volumes are still low but holding US$30,000 could keep small retail traders streaming into the market,” Isige said in a LinkedIn response toForkast.The latest CPI data shows inflation is easing in the U.S. and that is encouraging, he said. However, Brian Santos, the founder of the non-profit Bitcoin Business Alliance said the token remains in bearish territory and he expects a price correction if Bitcoin does not break out well above US$30,000. Kadan Stadelmann, chief technical officer of blockchain infrastructure development firmKomodo, agreed that Bitcoin could still be in a bear market due to thin volume. The global crypto market capitalization stood at US$1.28 trillion on Friday at 9:15 p.m. in Hong Kong, up from US$1.18 trillion a week ago, according toCoinMarketCapdata. Bitcoin’s US$594 billion market cap accounted for 46.4% of the market, while Ether’s US$252 billion accounted for 19.7%. See related article:Crypto firms hardpressed to find U.S. bank partners as industry blames ‘Operation Choke Point 2.0’ The Render Network’s token (RNDR) was this week’s biggest gainer among the top 100 coins by market capitalization listed on CoinMarketCap, rallying 24.83% to US$1.61. The token started gaining momentum on April 9, three days after the networkannouncedthe community approval of its migration to Solana. The Render Networkallows idle GPUs (graphics processing units) to beusedfor the digital rendering needed in fields like 3D modeling, gaming imagery, and virtual reality. The WOO coin, the utility token of crypto trading platformWoo Network, was this week’s second biggest gainer with a rise of 23.14% to trade at US$0.25. The token started its rally on April 10, days after crypto exchange Krakenannouncedthe launch of WOO perpetual contracts. “All eyes are on US$32,000, a resistance that may determine the beginning of a bull run. A break above this brings US$38,000 within a reachable scope,” wrote Isige. But Ikrom Ergashev, co-founder of blockchain investment analytics firmNeironix, expects Bitcoin to move sideways next week at US$29,000-32,000, he said in emailed comments. See related article:Ethereum stands firm as Shapella upgrade rolls out... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin rose in Tuesday morning trading in Asia, but failed to break through the US$26,000 ceiling. Ether slipped, while other top 10 non-stablecoin cryptocurrencies by market capitalization were mixed. Solana and BNB led the losers. SEC chairman Gary Gensler doubled down on why he is suing crypto exchanges as two U.S. congressmen proposed a bill to restructure the SEC and remove Gensler. Meantime, Ripple awaits the release of critical evidence that may shape its separate legal battle with the SEC.\nBitcoin rose 0.12% over the last 24 hours to US$25,928 at 7:00 a.m. in Hong Kong, gaining 0.8% in the past seven days. Ether slipped 0.66% to US$1,742, posting a 3.6% loss for the week.\nOut of other top 10 cryptocurrencies, Solana and Binance’s BNB token were the biggest losers.\nThe two are among those that the U.S. Securities and Exchange Commission (SEC) classified as illegally issued financial securities in lawsuits filed early last week against U.S. crypto exchanges Coinbase and Binance.US. The SEC has also filed to freeze the assets of Binance.US.\nSolana lost 2.18% to US$15.20 for a weekly slump of 23.98%. The BNB token fell 2.19% to US$230.60, a drop of 16.08% over the past week.\nPolygon and Cardano – two other crypto tokens named by the SEC as securities – gained on Tuesday morning but both are still down more than 20% since the SEC action.\nPolygon rose 1.40% to US$0.6434 for a weekly fall of 22.72%. Cardano gained 1.01% to US$0.2755 while losing 21.52% in value in the past week.\nSEC chairman Gary Gensler reemphasized the agency’s determination to strictly regulate the crypto sector in a repost on Twitter of hisstatementmade last week. “There’s nothing about the crypto securities markets that suggests that investors & issuers are less deserving of the protections of our securities laws,” Genslertweeted.\nThe backlash against Gensler’s move to sue crypto exchanges is also growing:\xa0 #FireGaryGensler was trending on Twitter Tuesday morning in Asia as U.S. Republican Congressman Warren Davidson said Monday he filed a bill to restructure the SEC and in the process remove Gensler. The bill was backed by Republican Congressman Tom Emmer, but would need support from Democrats to go anywhere.\nCharlie Morris, managing partner of blockchain-focused venture capital CMCC Global, toldForkastin an email: “Rather than offering transparent regulation, the US is regulating by enforcement. This is resulting in uncertainty for project teams and investors, and markets do not like uncertainty.”\nMorris compared the U.S. approach to other regions: “It is interesting that this very negative approach to the digital asset sector appears to be localized in the U.S. This morning [UK Prime Minister] Rishi Sunak struck a very positive tone in welcoming Web3, andHong Konghas seen some very positive developments over the last couple of months.“\nOn Monday, Sunakwelcomedcrypto and blockchain-focused venture capital investor Andreessen Horowitz (a14z), which is setting up its first office outside of the U.S. in London.\nThe XRP token rose 1.07% to US$0.5243 Tuesday morning in Asia, bringing its weekly gain to 3.87%. Ripple Labs Inc., the cryptocurrency’s supervising entity, was sued by the SEC in December 2020, alleging XRP was offered and sold as an unregistered security.\nRipple Labs Chief Executive Officer Brad Garlinghouse on Monday made reference to the so-called “Hinman documents” named after former SEC director William Hinman, who said in an earlier speech that sales of the Ether token were not securities transactions. The comments are a major point of argument between the SEC and Ripple as Ripple seeks to bolster itsfair notice defense.\nIn a Mondaytweet, Garlinghouse said the documents, expected to be unsealed on Tuesday, were “worth the wait.”\nRulings in the Ripple and SEC case are expected to have ramifications across the entire crypto industry in setting how U.S. authorities classify cryptocurrencies.\nThe total cryptocurrency market cap lost 0.58% to US$1.05 trillion in the last 24 hours, while daily trading volume increased by 26.85% to US$30.58 billion, according to CoinMarketCapdata.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the non-fungible token (NFT) market, the Forkast 500 NFT index lost 1.64% to 2,974.36 in the 24 hours to 8:30 a.m. in Hong Kong. The index is down 9.69% for the week.\nTotal NFT sales fell 10.56% to US$19.3 million. Sales on Ethereum, the leading blockchain by volume, fell 18.31% over the last 24 hours to US$11.49 million, according to CryptoSlamdata.\n“The market is struggling due to low ETH volume, lowering prices, etc. The SEC filings is really beginning to impact the market,” said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News.\nThe Bitcoin network was the second largest NFT network in terms of sales transactions, despite losing 28.04% to US$2.1 million in the last 24 hours.\nInscriptions – the metadata added and stored into the smallest unit of Bitcoin, or Satoshis – may get anupgradeto allow them to be larger than 4 megabytes. “Now an inscription can reference another inscription, allowing more data to be stored and referenced. Generative art, games, etc, can now probably be stored on-chain,” said Petscher.\nBitcoin Ordinals and inscriptions are two new features to Bitcoin that were introduced in 2023 — Ordinals are unique identifiers for individual satoshis, while inscriptions are a way to attach metadata to satoshis.\nMythos chain-based DMarket recorded the highest sales as an NFT collection on Cryptoslam, with US$1.08 million in daily sales. DMarket is a global marketplace for trading in-game NFT items and goods that are powered by the Mythos blockchain.\nEthereum-based Bored Ape Yacht Club recorded the second highest sales in the past 24 hours of US$908,147, but that was a steep decline of 45.51% in the 24 hours.\nU.S. stock futures were little changed as of 9:50 a.m. in Hong Kong after gains in regular trading the previous day. Dow Jones Industrial Average futures fell 0.035%, while Nasdaq Futures gained 0.17%. S&P 500 futures edged 0.058% higher.\nDuring Monday’s regular trading, the Dow climbed 0.56%. The S&P 500 added 0.93%, and the Nasdaq jumped 1.53%.\nThe gains came on expectations the Federal Reserve will leave interest rates unchanged when it meets on Wednesday, according toTradingEconomics. U.S. rates are at 5% to 5.25%, the highest since 2006 after ten consecutive hikes that started in March 2022 to slow the pace of inflation that surged to 40-year highs at one stage.\n“Despite a stubbornly robust labour market and still too-sticky inflation, the markets now expect the world’s most influential central bank to pause its interest hike agenda this month,” said Nigel Green, founder and chief executive officer of financial management group deVere, in an email\xa0 statement.\n“This will firmly signal that progress is being made in the battle to cool inflation and this will buoy investors across the board, finally providing a boost to sectors which have been unloved so far this year,” Green added.\nThe CME FedWatch Tool predicts a 80.4% chance the Fed will leave rates as is at this week’s meeting, and a 19.6% chance for another 25-basis-point rate hike.\nHowever, former Fed vice chair Roger Ferguson toldCNBClast Friday that the central bank may raise rates later in the year even if it skips this time.\nThe monthly U.S. Consumer Price Index (CPI), a key inflation indicator, is released Tuesday for May and expectations are for a reading of 4.1% from 4.9% the prior month to indicate inflation is slowing, according toReuters.\n(updates with equity section)', 'Bitcoin rose in Tuesday morning trading in Asia, but failed to break through the US$26,000 ceiling. Ether slipped, while other top 10 non-stablecoin cryptocurrencies by market capitalization were mixed. Solana and BNB led the losers. SEC chairman Gary Gensler doubled down on why he is suing crypto exchanges as two U.S. congressmen proposed a bill to restructure the SEC and remove Gensler. Meantime, Ripple awaits the release of critical evidence that may shape its separate legal battle with the SEC. Crypto mixed Bitcoin rose 0.12% over the last 24 hours to US$25,928 at 7:00 a.m. in Hong Kong, gaining 0.8% in the past seven days. Ether slipped 0.66% to US$1,742, posting a 3.6% loss for the week. Out of other top 10 cryptocurrencies, Solana and Binance\x92s BNB token were the biggest losers. The two are among those that the U.S. Securities and Exchange Commission (SEC) classified as illegally issued financial securities in lawsuits filed early last week against U.S. crypto exchanges Coinbase and Binance.US. The SEC has also filed to freeze the assets of Binance.US. Solana lost 2.18% to US$15.20 for a weekly slump of 23.98%. The BNB token fell 2.19% to US$230.60, a drop of 16.08% over the past week. Polygon and Cardano \x96 two other crypto tokens named by the SEC as securities \x96 gained on Tuesday morning but both are still down more than 20% since the SEC action. Polygon rose 1.40% to US$0.6434 for a weekly fall of 22.72%. Cardano gained 1.01% to US$0.2755 while losing 21.52% in value in the past week. SEC chairman Gary Gensler reemphasized the agency\x92s determination to strictly regulate the crypto sector in a repost on Twitter of his statement made last week. \x93There\x92s nothing about the crypto securities markets that suggests that investors & issuers are less deserving of the protections of our securities laws,\x94 Gensler tweeted . The backlash against Gensler\x92s move to sue crypto exchanges is also growing:\xa0 #FireGaryGensler was trending on Twitter Tuesday morning in Asia as U.S. Republican Congressman Warren Davidson said Monday he filed a bill to restructure the SEC and in the process remove Gensler. The bill was backed by Republican Cong Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-13 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $507,919,979,875 - Hash Rate: 374390301.4820418 - Transaction Count: 410483.0 - Unique Addresses: 682607.0 Social & AI Sentiment: - Fear & Greed Index: 0.45 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Block SQ reported first-quarter 2023 adjusted earnings of 40 cents per share, beating the Zacks Consensus Estimate by 29%. The figure improved by 122.2% year over year. Net revenues of $4.99 billion surpassed the Zacks Consensus Estimate of $4.58 billion. The top line increased by 26% from the prior-year quarter. Year-over-year revenue growth was driven by strong momentum across the Cash App ecosystem, which contributed $3.27 billion to net revenues for the reported quarter, up 33% year over year. Block witnessed solid traction across the Square ecosystem, generating $1.67 billion in net revenues, up 15% year over year. The company’s Corporate & Other — comprising the global music and entertainment platform TIDAL — generated $51 million in net revenues for the first quarter. Further, Block witnessed strong growth in transaction and subscription revenues. Additionally, accelerating gross payment volume (GPV) drove the results. Block, Inc. Price, Consensus and EPS Surprise Block, Inc. Price, Consensus and EPS Surprise Block, Inc. price-consensus-eps-surprise-chart \| Block, Inc. Quote GPV GPV in the first quarter amounted to $51.12 billion, up 17% from the year-ago quarter. This was driven by strength across the Square ecosystem. Notably, Square’s GPV was $46.2 billion (90.4% of the total GPV) in the first quarter, up 17% year over year. Cash App, which accounted for $4.9 billion of the overall GPV (9.6%), remained a positive. The figure increased by 24% year over year. Block continued to experience improvement in its card-present volumes in the reported quarter. Card-present GPV was up 21% from the year-ago quarter. The company’s card-not-present GPV reflected year-over-year growth of 10% in the first quarter. Top Line Details Transaction (28.5% of net revenues): The company generated transaction revenues of $1.42 billion, up 15% year over year. Strong Square ecosystem accounted for $1.29 billion in transaction revenues, up 15% year over year. Further, Cash App contributed $135 million to transaction revenues, up 23% year over year, owing to the rising number of transactions and business accounts. Subscription and Services (27.4% of net revenues): The company generated $1.37 billion in revenues from this category, jumping 42% from the year-ago quarter. The improvement can be attributed to a strong performance by the Square ecosystem, which contributed $342 million to subscription and service revenues, up 21% year over year. Further, Cash App contributed $974 million to the category’s top line. The figure was up 56% from the year-ago quarter. Moreover, a well-performing BNPL platform contributed well. Hardware (0.7% of net revenues): Block generated revenues of $37 million from the business, which grew 0.3% year over year. Bitcoin (43.4% of net revenues): The company generated revenues of $2.2 billion from the category, up 25% year over year. Story continues Operating Details Per management, gross profit grew 32% from the year-ago quarter to $1.7 billion. The gross margin expanded by 170 basis points (bps) year over year to 34.4%. Adjusted EBITDA was $368 million in the reported quarter, up 89% year over year. Operating expenses were $1.7 billion, up 13% from the prior-year quarter. Product development expenses were $627 million, up 37% year over year, primarily due to rising headcount and personnel costs in the engineering, data science and design teams. General and administrative expenses were $433 million, down 3% from the prior-year quarter. Sales and marketing costs were $496 million, up 11% year over year due to an increase in Cash App peer-to-peer processing costs. The adjusted operating income was $51 million in the reported quarter compared with an operating loss of $42 million reported in the year-ago quarter. Balance Sheet & Cash Flow As of Mar 31, 2023, the cash and cash equivalent balance was $5.1 billion, up from $4.54 billion on Dec 31, 2022. Short-term investments were $1.02 billion for the reported quarter, down from $1.08 billion in the previous quarter. Long-term debt was $4.1112 billion compared with $4.109 billion in the prior quarter. The company generated $294.4 million in cash from operations in the reported quarter. Zacks Rank & Stocks to Consider Currently, Block has a Zacks Rank #3 (Hold). Investors interested in the broader technology sector can consider some better-ranked stocks like Agilent Technologies A, DigitalOcean DOCN and Paycor HCM PYCR, each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Agilent Technologies is set to report second-quarter fiscal 2023 results on May 23. The Zacks Consensus Estimate for A’s earnings is pegged at $1.27 per share, implying growth of 12.4% from the year-ago quarter’s reported figure. A has lost 11.6% in the year-to-date period. DigitalOcean is scheduled to release first-quarter 2023 results on May 9. The Zacks Consensus Estimate for DOCN’s earnings is pegged at 29 cents per share, suggesting a jump from 7 cents per share reported in the prior-year quarter. DOCN has gained 25.5% in the year-to-date period. Paycor HCM is scheduled to report third-quarter fiscal 2023 results on May 10. The Zacks Consensus Estimate for PYCR’s earnings is pegged at 15 cents per share, suggesting an increase of 36.4% from the prior-year quarter’s reported figure. PYCR has gained 26% in the year-to-date period. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Block, Inc. (SQ) : Free Stock Analysis Report DigitalOcean Holdings, Inc. (DOCN) : Free Stock Analysis Report Paycor HCM, Inc. (PYCR) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research 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: ['Good morning. Here’s what’s happening: Prices: Crypto traders are optimistic about the Fed skipping a rate hike. Insights: Hong Kong has rules for crypto, but they aren\'t that great. Prices CoinDesk Market Index (CMI) 1,103 −0.3 ▼ 0.0% Bitcoin (BTC) $25,948 +52.6 ▲ 0.2% Ethereum (ETH) $1,740 −1.7 ▼ 0.1% S&P 500 4,369.01 +30.1 ▲ 0.7% Gold $1,957 +1.7 ▲ 0.1% Nikkei 225 33,018.65 +584.7 ▲ 1.8% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,103 −0.3 ▼ 0.0% Bitcoin (BTC) $25,948 +52.6 ▲ 0.2% Ethereum (ETH) $1,740 −1.7 ▼ 0.1% S&P 500 4,369.01 +30.1 ▲ 0.7% Gold $1,957 +1.7 ▲ 0.1% Nikkei 225 33,018.65 +584.7 ▲ 1.8% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Bitcoin is opening Asia’s trading day at $25,948, up 0.2%, while ether is at $1,740, down 0.1%. Edward Moya, a Senior Market Analyst with OANDA, sees the likely possibility of the Fed skipping a rate hike on Wednesday ( prediction markets are giving it a 96% chance of happening) and increased regulatory scrutiny of altcoins as fuel for bitcoin’s support. "Cooling inflation report is fueling this bull market as the Fed should have no problem skipping a rate hike on Wednesday. Wall Street is becoming a little bit hopeful here that an FOMC June skip could eventually become a July pause," Moya said in a note. “Bitcoin remains stable around the $26,000 level as investors consider reducing altcoin exposure and increasing Bitcoin holdings.” Driven by falling car wholesale prices and weaker consumer support, disinflation, alongside the likely rate hike skip, is causing a decrease in the dollar\'s value, Moya observes, and a steady demand for used vehicles, and clothing among other necessities; China\'s stimulus package and expected Saudi oil price cuts have uplifted crude oil prices, and while low inflation initially boosted gold, continued stock growth may limit its rise. Story continues At the same time, one key bitcoin technical analysis indicator, the moving average convergence divergence (MACD), has flipped bearish , signaling a possible extended price slide, despite Bitcoin maintaining support at $25K. In CoinDesk’s coverage of this, however, analysts noted U.S. inflation figures and the Fed’s possible rate hike skip could also impact Bitcoin\'s price performance. Biggest Gainers Asset Ticker Returns DACS Sector Avalanche AVAX +1.2% Smart Contract Platform Terra LUNA +0.7% Smart Contract Platform Chainlink LINK +0.7% Computing Biggest Losers Asset Ticker Returns DACS Sector XRP XRP −2.9% Currency Solana SOL −2.5% Smart Contract Platform Polygon MATIC −2.4% Smart Contract Platform Insights Hong Kong\'s Crypto Rules Aren\'t Going to Bring in Exchanges Amid an ongoing lawsuit from the Securities and Exchange Commission (SEC), one Hong Kong lawmaker has invited Coinbase to set up shop in the territory. After all, Hong Kong is in the process of making rules for crypto . In the U.S., Coinbase has to sue to try and compel the SEC to make rules for it to operate. So on paper Coinbase making a move to another jurisdiction would make sense, and Hong Kong, with its rulebook and traditional position as a fast-moving market hub in Asia, would be a logical place to move to. In theory. But the reality on the ground is that Hong Kong’s rulebook itself isn’t all that attractive to crypto exchanges. First, the number of tokens available to trade will be limited compared to what users can expect from established exchanges. Per rules from the Securities and Futures Commission, Hong Kong’s securities watchdog, there needs to be a 12-month cooling off between token launch and listing. Stablecoins are banned, as are crypto derivatives, earn or lend programs and likely staking services too. Airdrops are a huge no-no. “Hong Kong\'s framework as it exists today is highly unattractive. The market is small and unproven, banking partnerships are non-existent, and products are highly restricted,” Leo Weese, co-founder and President of the Bitcoin Association of Hong Kong, told CoinDesk. Weese says that the Asian markets are “fundamentally different” from their Western counterparts, and Coinbase would not automatically succeed in Hong Kong, even if they were willing to give up their current customer base. “What makes Hong Kong potentially attractive is that many tokens are not deemed securities, and those that are do not need to be registered like in the United States, making it possible to offer trading for tokens that are deemed unregistered securities elsewhere, such as decentralized protocols,” he said. At the same time, Weese notes, moving to Hong Kong will not automatically shield Coinbase from U.S. regulation or the arm of the SEC. BitMex, which calls Hong Kong home, got ensnared in U.S. regulatory regime despite its tenuous ties to the United States. And so did Binance – its mothership and founder squarely offshore. So even if Coinbase were to make the move, it wouldn’t be a very productive decision. Important events. 2:00 a.m. HKT/SGT(18:00 UTC) United States Fed Interest Rate Decision 5:45 a.m. HKT/SGT(21:45 UTC) New Zealand Gross Domestic Product (YoY/Q1) 7:50 a.m. HKT/SGT(23:50 UTC) Japan Exports (YoY/May) CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : U.S. Inflation Cools in May; Bitcoin Rises The U.S. Consumer Price Index (CPI) for May came in softer than expected, rising just 0.1% in May versus 0.4% in April, according to the Bureau of Labor Statistics. The news came one day ahead of the results of the Fed\'s latest monetary policy meeting. Clara Medalie, Kaiko Director of Research, joined "First Mover" for market reaction. Plus, Willkie Farr & Gallagher LLP Counsel Mike Selig joined to discuss what the SEC\'s actions against Binance and Coinbase will mean for crypto. And, John Melican, Elliptic Chief Legal Officer, joined us to discuss new findings revealing attackers behind this month’s $35 million exploit of crypto wallet Atomic Wallet are moving stolen funds via OFAC-sanctioned exchange Garantex. Headlines Bitcoin Infrastructure Firm Blockstream to Unveil Its Long-Awaited Mining Rig in 3Q of 2024 : The company expects to raise more capital to fund its mining business. Binance Goes to Court Against the SEC : Binance and Binance.US have made their case against the SEC\'s motion to freeze all Binance.US funds. Bitcoin, Ether and Stablecoins Total 80% of $1T Crypto Market Cap as Investors Flee Altcoins : The combined market capitalization of BTC, ETH and stablecoins reached the highest level since February 2021, digital asset research firm K33 Research noted. Why the XRP Army Keeps Fighting : XRP’s uber-passionate supporters believe the SEC unfairly targeted Ripple for securities violations while mysteriously giving Ethereum a free pass. Do they have a point? Uniswap Labs Releases Its Plan for Uniswap v4, Invites Community Feedback : The biggest decentralized crypto exchange is opening its development process to the public for the first time as the SEC cracks down on its centralized competitors.', 'Good morning. Here’s what’s happening:\nPrices:Crypto traders are optimistic about the Fed skipping a rate hike.\nInsights:Hong Kong has rules for crypto, but they aren\'t that great.\nCoinDesk Market Index (CMI)\n1,103\n−0.3▼0.0%\nBitcoin (BTC)\n$25,948\n+52.6▲0.2%\nEthereum (ETH)\n$1,740\n−1.7▼0.1%\nS&P 500\n4,369.01\n+30.1▲0.7%\nGold\n$1,957\n+1.7▲0.1%\nNikkei 225\n33,018.65\n+584.7▲1.8%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,103", "\\u22120.3\\u25bc0.0%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$25,948", "+52.6\\u25b20.2%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,740", "\\u22121.7\\u25bc0.1%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,369.01", "+30.1\\u25b20.7%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,957", "+1.7\\u25b20.1%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["33,018.65", "+584.7\\u25b21.8%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nBitcoin is opening Asia’s trading day at $25,948, up 0.2%, while ether is at $1,740, down 0.1%.\nEdward Moya, a Senior Market Analyst with OANDA, sees the likely possibility of the Fed skipping a rate hike on Wednesday (prediction marketsare giving it a 96% chance of happening) and increased regulatory scrutiny of altcoins as fuel for bitcoin’s support.\n"Cooling inflation report is fueling this bull market as the Fed should have no problem skipping a rate hike on Wednesday. Wall Street is becoming a little bit hopeful here that an FOMC June skip could eventually become a July pause," Moya said in a note. “Bitcoin remains stable around the $26,000 level as investors consider reducing altcoin exposure and increasing Bitcoin holdings.”\nDriven by falling car wholesale prices and weaker consumer support, disinflation, alongside the likely rate hike skip, is causing a decrease in the dollar\'s value, Moya observes, and a steady demand for used vehicles, and clothing among other necessities; China\'s stimulus package and expected Saudi oil price cuts have uplifted crude oil prices, and while low inflation initially boosted gold, continued stock growth may limit its rise.\nAt the same time, one key bitcoin technical analysis indicator, the moving average convergence divergence (MACD),has flipped bearish, signaling a possible extended price slide, despite Bitcoin maintaining support at $25K. In CoinDesk’s coverage of this, however, analysts noted U.S. inflation figures and the Fed’s possible rate hike skip could also impact Bitcoin\'s price performance.\n[{"Asset": "Avalanche", "Ticker": "AVAX", "Returns": "+1.2%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Terra", "Ticker": "LUNA", "Returns": "+0.7%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Chainlink", "Ticker": "LINK", "Returns": "+0.7%", "DACS Sector": "Computing"}]\n[{"Asset": "XRP", "Ticker": "XRP" Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-14 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $503,225,297,131 - Hash Rate: 312388214.96659184 - Transaction Count: 330658.0 - Unique Addresses: 633244.0 Social & AI Sentiment: - Fear & Greed Index: 0.46 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Following harsh criticism from the crypto community, hardware wallet provider Ledger will delay releasing a key recovery feature. In a letter to users, Ledger CEO Pascal Gauthier wrote that the firm won’t introduce the new feature before releasing the code for it. The company also scheduled a Twitter Spaces session for 12:30 p.m. EST on Tuesday to discuss the issue. Last week, Ledger announced the service, called Ledger Recover, which will allow users to store encrypted backups of their seed phrases with a set of three custodians. Ledger owners will then be able to restore their private keys even if they lose or forget their seed phrases. The opt-in feature will require a know-your-customer (KYC) verification. Ledger came under fire almost immediately from members of the cryptocurrency community, which criticized the idea of sharing seed phrases with anyone other than wallet owners. Multiple commentators wrote angry posts on Twitter, Reddit and other platforms, saying they felt betrayed by Ledger, which has previously said that Ledger wallet private keys would never leave a device. Some critics also highlighted potential threats such as hacks of the custodians, data leaks from KYC providers and law enforcement taking control of Ledger users’ data. Others noted that the code for the Recover feature is not open-source, so there is no way to audit the safety of the proposed custody mechanism. Unlike some competitors, Ledger does not publish all its code, but instead has its product tested by a team of selected security researchers . Read more: Is Ledger’s New Bitcoin Key Recovery Feature Safe? Experts Have Doubts The company learned a hard lesson, Gauthier said in his letter to users. Parts of the Ledger code have been open-sourced before, and more will follow soon, Gauthier said. “We have made the decision to accelerate the open sourcing roadmap! We will include as much of the Ledger operating system as possible, starting with core components of the OS, and Ledger Recover, which won’t be released until this work is complete,” he wrote. Gauthier also reiterated the idea that offering key recovery services is essential to onboard a new wave of crypto users, for which self-custody might feel too difficult. “The majority of users in crypto today either don’t own their private keys and/or are putting their private keys at risk using less secure forms of self-custody, and hard-to-use forms of storing and securing their seed phrase,” the letter reads.... - Reddit Posts (Sample): [['u/McDredd', 'Anyone else just find themselves excluded from r/bitcoin?', 11, '2023-06-14 01:10', 'https://www.reddit.com/r/btc/comments/148scwf/anyone_else_just_find_themselves_excluded_from/', "I've been on there for about 6 months now. I never noticed r/btc when I first searched 6 months ago. Suddenly all of r/bitcoin is unavailable to me. I hardly posted, never mind posted anything controversial.", 'https://www.reddit.com/r/btc/comments/148scwf/anyone_else_just_find_themselves_excluded_from/', '148scwf', [['u/Plus-Ad4019', 15, '2023-06-14 01:20', 'https://www.reddit.com/r/btc/comments/148scwf/anyone_else_just_find_themselves_excluded_from/jo1mgy2/', 'r/bitcoin went dark (June 12-14) together with many other subs to protest Reddit new API fees.', '148scwf']]], ['u/GhostOfMcAfee', 'AlgoMint is removing KYC requirements for bridging BTC and ETH.', 90, '2023-06-14 04:46', 'https://www.reddit.com/r/algorand/comments/148wijz/algomint_is_removing_kyc_requirements_for/', 'Previously, to bridge either asset you needed to go through KYC procedures. Today, AlgoMint announced they are removing KYC requirements for bridging both BTC and ETH to the Algorand blockchain. \\[[sauce](https://twitter.com/Algomint_io/status/1668778531709669377)\\]', 'https://www.reddit.com/r/algorand/comments/148wijz/algomint_is_removing_kyc_requirements_for/', '148wijz', [['u/hypercosm_dot_net', 24, '2023-06-14 05:16', 'https://www.reddit.com/r/algorand/comments/148wijz/algomint_is_removing_kyc_requirements_for/jo2aqmf/', 'Great to see. Hope we see a lot more movement towards decentralization this year. \n\nDo you happen to know what DAO tools we have on Algo?', '148wijz'], ['u/MadManD3vi0us', 10, '2023-06-14 05:27', 'https://www.reddit.com/r/algorand/comments/148wijz/algomint_is_removing_kyc_requirements_for/jo2bsdq/', "Hopefully that'll pull some of the shyer players out of hiding and into the game.", '148wijz'], ['u/stenalgo', 11, '2023-06-14 05:33', 'https://www.reddit.com/r/algorand/comments/148wijz/algomint_is_removing_kyc_requirements_for/jo2ca5j/', 'goBTC and goETH need alot more liquidity indeed. This is a good move, hopefully we will see a positive result soon.', '148wijz']]], ['u/neznaia', 'Angle of attack?', 10, '2023-06-14 05:39', 'https://www.reddit.com/r/ledgerwallet/comments/148xi71/angle_of_attack/', 'Using bitcoin as an example, I understand the ledger holds the private key on the secure chip. If I want to send bitcoin I need to sign it with my hardware wallet, and poof my app does the rest. So, you can never really get my private seed, but, couldn’t Ledger Live be compromised so it tells the hardware wallet x amount, but then sends whatever amount it wants?\n\nAm I missing something about the relationship between an app - software that can be hacked remotely - and my hardware wallet who’s only job is to store my seed phrase and sign transactions that the app supposedly wants to send. On that note, what device is sending the transaction to the pool? If it’s the app, how does it interact with the pool/chain without knowing the private key? I’m assuming my Bluetooth connected ledger isn’t doing that. \n\nMaybe I’m missing something. All answers appreciated', 'https://www.reddit.com/r/ledgerwallet/comments/148xi71/angle_of_attack/', '148xi71', [['u/kristapsru', 12, '2023-06-14 11:46', 'https://www.reddit.com/r/ledgerwallet/comments/148xi71/angle_of_attack/jo32zbv/', '"I understand the ledger holds the private key on the secure chip"\n\nSadly, that\'s not true anymore. Ledger wrote API code to extract keys from the device and send them over the internet to Ledger and their partner companies for their Ledger Recover service. In theory, that only happens if you subscribe, but since Ledger\'s code isn\'t open, there\'s no way for any of us to prove what it does or doesn\'t do.\n\nDon\'t trust. Verify. Right? Well, you can\'t verify Ledger\'s code, so you have to decide whether or not you trust them.\n\nAny hardware wallet can possibly get rogue firmware to extract keys, but Ledger actually put key extraction in their own firmware. I can\'t trust that.', '148xi71'], ['u/jpastore', 10, '2023-06-14 16:51', 'https://www.reddit.com/r/ledgerwallet/comments/148xi71/angle_of_attack/jo3xjnc/', "Apparently they don't want you to know how fucked it is\n\nhttps://www.reddit.com/r/CryptoCurrency/comments/148zegu/ledger_is_shadowbanning_users_who_mention_their", '148xi71']]], ['u/AutoModerator', '[Daily Discussion] - Wednesday, June 14, 2023', 33, '2023-06-14 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/148xvkb/daily_discussion_wednesday_june_14_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\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/148xvkb/daily_discussion_wednesday_june_14_2023/', '148xvkb', [['u/52576078', 10, '2023-06-14 13:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/148xvkb/daily_discussion_wednesday_june_14_2023/jo38drz/', 'Run a mile from any woman that says this!', '148xvkb'], ['u/dopeboyrico', 17, '2023-06-14 15:20', 'https://www.reddit.com/r/BitcoinMarkets/comments/148xvkb/daily_discussion_wednesday_june_14_2023/jo3m20f/', 'Powell is going to pause on rate hikes saying they’re at sufficiently restrictive levels based on current data but also state they’re open to hiking more in the future if warranted by upcoming economic data. Anything other than this would be a surprise.\n\nWhat I’m much more interested in is seeing the updated Fed balance sheet tomorrow. Last week saw the first minor uptick since March. It was also the first week since Congress passed the debt ceiling bill which will increase the debt ceiling by $4 trillion over the next 2 years. Could be unrelated but if we see another rise on the Fed balance sheet tomorrow it could be indicative that QE is back out of necessity to buy newly issued government bonds due to lack of sufficient interest in markets.', '148xvkb'], ['u/nationshelf', 17, '2023-06-14 18:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/148xvkb/daily_discussion_wednesday_june_14_2023/jo4co5m/', 'It’s not the decoupling we wanted, but it’s the decoupling we got.', '148xvkb'], ['u/NLNico', 17, '2023-06-14 20:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/148xvkb/daily_discussion_wednesday_june_14_2023/jo4ogl2/', '0 bps as expected.\n\n- [Federal Reserve issues FOMC statement](https://www.federalreserve.gov/newsevents/pressreleases/monetary20230614a.htm)\n\n- [Implementation Note](https://www.federalreserve.gov/newsevents/pressreleases/monetary20230614a1.htm)\n\n- [FOMC Projections materials](https://www.federalreserve.gov/monetarypolicy/fomcprojtabl20230614.htm)\n\nPress conference in [30 mins](https://twitter.com/federalreserve/status/1668969869176348672).', '148xvkb'], ['u/Ok_File_9520', 11, '2023-06-14 20:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/148xvkb/daily_discussion_wednesday_june_14_2023/jo4pn9v/', 'Decoupled on the upside and coupled on the downside. 🤦', '148xvkb'], ['u/delgrey', 12, '2023-06-14 20:35', 'https://www.reddit.com/r/BitcoinMarkets/comments/148xvkb/daily_discussion_wednesday_june_14_2023/jo4tje4/', 'Hawkish pause? Now does Bitcoin care... still comatose. Blah.', '148xvkb'], ['u/NLNico', 10, '2023-06-14 20:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/148xvkb/daily_discussion_wednesday_june_14_2023/jo4uuhu/', '"First move is fake"\n\n(I don\'t actually think we will moon, but funny how these things always go up/down and then retrace lol.)', '148xvkb'], ['u/dopeboyrico', 10, '2023-06-14 21:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/148xvkb/daily_discussion_wednesday_june_14_2023/jo53shj/', 'Along with the pause in rate hikes, the Fed updated their projections going forward and indicated they anticipate 2 more 25 BP rate hikes before the end of the year to reach their terminal rate of around 5.6%.\n\nI think they’re bluffing in order to keep inflation expectations low and are actually going to remain data dependent going forward. If they didn’t make this claim and stated they believe we’re already at the terminal rate, inflation expectations would rise and would manifest into a self fulfilling prophecy. Additionally, if they really thought two more rate hikes might be needed before the end of the year, it would make sense to go ahead and do one of those hikes today rather than holding off until a later meeting.\n\nWe just got May’s YoY CPI print yesterday at 4.0% which was significantly lower than April’s 4.9% print. We’re almost halfway through June and [Cleveland Fed Nowcast](https://www.clevelandfed.org/indicators-and-data/inflation-nowcasting) has their June YoY inflation estimate at 3.22%. [Truflation](https://truflation.com) has it at around 2.74% with a high of 2.94% and a low of 2.54% MTD.\n\nFor the past several months the actual YoY CPI number has ended up being somewhere in between these two estimates. If this trend continues and we end up seeing another significant drop in June’s YoY CPI print vs May’s 4.0% print, it’s going to be hard to justify another 25 BP rate hike in July when they already weren’t willing to do a rate hike today.', '148xvkb'], ['u/borger_borger_borger', 11, '2... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin friendly Miami Mayor Francis Suarez has announced he\'s running for President.\nSuarez announced his candidacy on Twitter on Thursday morning, and filed paperwork with the Federal Election Commission on Wednesday.\nSuarez, who vowed to make the city a bitcoin hub and has accepted his salary in bitcoin, joins a growing Republican field seeking to unseat President Joe Biden in the 2024 election. He faces an uphill struggle to build national name recognition among several high-profile candidates who have already announced their candidacies, including former President Donald Trump and Florida Governor Ron DeSantis. Miami has elected Suarez twice.\nDuring the coronavirus pandemic, Miami – also called "Magic City – drew an exodus of tech workers from Silicon Valley and New York. Several crypto firms relocated there permanently.\nSuarez, who touted bitcoin\'s "democratizing impact on the future of wealth for every American" ina 2021 interviewwith CoinDesk, has examined ways to accept taxes and pay municipal employees in the currency. He also announced MiamiCoin (MIA), built on the Bitcoin adjacent blockchain, Stacks, which he hoped could someday pay a recurring BTC stimulus to Miami citizens.\nBy 2022, MIA hadshed roughly 95%of its value from an all-time high of around 5 cents eight months earlier, according to data from CoinMarketCap. In March, crypto exchange OKCoinsuspendedthe trading of MIA – and a second city coin, NYCCoin – citing limited liquidity as the reason for the decision.\nIn a2022 CoinDesk interview, Suarez said that despite MIA\'s struggles, he remained a believer in crypto. "People ask me the same thing about bitcoin, the fact that it\'s lost more than 50% of its value, but that doesn\'t change my feelings about the fundamental technology," Suarez said.\nUPDATE (June 15, 12:22 UTC):Added Suarez\'s tweet.', 'Bitcoin friendly Miami Mayor Francis Suarez has announced he\'s running for President.\nSuarez announced his candidacy on Twitter on Thursday morning, and filed paperwork with the Federal Election Commission on Wednesday.\nSuarez, who vowed to make the city a bitcoin hub and has accepted his salary in bitcoin, joins a growing Republican field seeking to unseat President Joe Biden in the 2024 election. He faces an uphill struggle to build national name recognition among several high-profile candidates who have already announced their candidacies, including former President Donald Trump and Florida Governor Ron DeSantis. Miami has elected Suarez twice.\nDuring the coronavirus pandemic, Miami – also called "Magic City – drew an exodus of tech workers from Silicon Valley and New York. Several crypto firms relocated there permanently.\nSuarez, who touted bitcoin\'s "democratizing impact on the future of wealth for every American" ina 2021 interviewwith CoinDesk, has examined ways to accept taxes and pay municipal employees in the currency. He also announced MiamiCoin (MIA), built on the Bitcoin adjacent blockchain, Stacks, which he hoped could someday pay a recurring BTC stimulus to Miami citizens.\nBy 2022, MIA hadshed roughly 95%of its value from an all-time high of around 5 cents eight months earlier, according to data from CoinMarketCap. In March, crypto exchange OKCoinsuspendedthe trading of MIA – and a second city coin, NYCCoin – citing limited liquidity as the reason for the decision.\nIn a2022 CoinDesk interview, Suarez said that despite MIA\'s struggles, he remained a believer in crypto. "People ask me the same thing about bitcoin, the fact that it\'s lost more than 50% of its value, but that doesn\'t change my feelings about the fundamental technology," Suarez said.\nUPDATE (June 15, 12:22 UTC):Added Suarez\'s tweet.', 'Bitcoin fell in Thursday morning trading in Asia, dropping below US$25,000 at one stage for the first time since mid-March. Ether also retreated with other top 10 non-stablecoin cryptocurrencies as trading volumes dipped and the U.S. Fed left interest rates unchanged as expected, but warned of more hikes this year to tackle inflation. Ripple’s XRP token fell despite the release of documents this week that were expected to help the company’s defense in an SEC lawsuit.\nBitcoin fell 2.94% over the last 24 hours to US$25,062.60 at 6:30 a.m. in Hong Kong, losing 4.69% in the last week, according to CoinMarketCapdata. The world’s largest cryptocurrency, with a market capitalization of about US$490 billion, dipped below the US$25,000 support line to as low as US$24,902 earlier in the morning.\nEther fell 4.74% to US$1,652.25, posting a 9.70% loss for the week. All other top 10 non-stablecoin cryptocurrencies fell, according to CoinMarketCap.\nCardano dropped 4.10% to US$0.2624, losing 18.57% of its value in the past seven days. Solana fell 3.18% to US$14.44 and posted a weekly loss of 22.52%.\nThe two tokens have been on a downtrend since being named in the SEC’s lawsuit filed last week against the Binance.US and Coinbase exchanges, where the federal agency categorized the two — along with many other altcoins — as financial securities.\nBenjamin Stani, the director of business development and sales at crypto trading platform Matrixport, said the declines are mostly the overhang from the SEC suing Binance and Coinbase.\n“It’s been predominantly the altcoins that have been dropping,” said Stani. “BTC and, to some extent, ETH as well have been holding up better and that I think is mostly attributable to the fact that the SEC named a lot of [altcoins] as securities and that has this chilling effect.”\nThe U.S. Federal Reserve left interest rates unchanged as expected on Wednesday at 5% to 5.25% after ten consecutive hikes to curb inflation.\nBut in another negative for investors, Fed chair Jerome Powellsaidit may take years to get inflation under control, dousing expectations for rate cuts later this year and raising the likelihood of higher interest rates ahead. Stocks ended mixed.\nRipple’s XRP token led the losers in the crypto top 10 by market capitalization, falling 7.48% to US$0.4793 on the day for a weekly loss of 7.19%.\nThe declines came despite the release of the so-called “Hinman documents,” this week, a collection of previously sealed emails and pages from former U.S. Securities and Exchange Commission director William Hinman. The notes indicate that Ether should not be categorized as a financial security.\nRipple Labs Inc. was sued by the SEC in December 2020 on allegations XRP was sold as an illegal unregistered security. Ripple wanted the Hinmandocumentsmade public, arguing they show the SEC itself was sending mixed and confused signals over whether cryptocurrencies were securities and failing to offer clear guidance to the industry, which is part of Ripple’sfair notice defensein the case.\nHowever, XRP’s price hasn’t benefited from the release of the documents. Gabriel Shapiro, a U.S.-based attorney and the general counsel at blockchain firm Delphi Labs,wroteon Twitter Tuesday — “\u200b\u200bHinman emails are a nothingburger though great for Ether. No idea why Ripple thinks these emails help Ripple’s case.”\nShapiro added that the documents were not the bombshell compared to the “huge hype” given to them.\nThe total cryptocurrency market cap lost 2.76% to US$1.02 trillion in the last 24 hours, and the daily crypto trading volume fell 5.37% to US$31.89 billion, according to CoinMarketCapdata.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the non-fungible token (NFT) market, the Forkast 500 NFT index lost 0.86% to 2,912.74 in the 24 hours to 7:30 a.m. in Hong Kong. The index is down 10.64% for the week.\nTotal NFT transactions rose 0.13% to US$23.7 million, while sales on Ethereum, the leading blockchain by volume, fell 4.78% over the last 24 hours to US$13.52 million, according to CryptoSlamdata.\nThe Bitcoin network was the second largest NFT network in terms of transactions, rising 6.95% to US$4.1 million in the last 24 hours.\nThe recent buzz in the NFT community is around ERC-6551, according to Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News. ERC-6551 is the latest NFT standard for the Ethereum network that went into effect on May 7 this year.\n“ERC-6551 is introducing a standard for NFTs by unlocking their ability to be a smart wallet that can interact with different decentralized apps in the Ethereum ecosystem,” Petscher explained. “With ERC-6551, when you transfer an NFT, the wallet and the tokens that the NFT holds also goes with it. Basically wallets within wallets.”\nAbout 196 million of Blur tokens worth around US$62 million, 40% of the circulating supply, are being unlocked and distributed to investors and contributors on Wednesday, U.S. time. Blur is the native utility and governance tokens of the Blur NFT marketplace.\n“[This] will almost definitely cause a crash in price, which will impact NFT prices,” Petscher said. “Basically, if the token is devalued, will people still want to farm for it via trading NFTs?”\nTransactions of Uncategorized Ordinals — unique digital assets on the Bitcoin network that are not identified as part of one established collection — topped sales by collection, selling US$3.14 million in the last 24 hours.\nEthereum-based BoringPunks marked second with US$1.63 million in sales, with over 20,000 transactions in the past day.\nU.S. stock futures edged down as of 11:00 a.m. in Hong Kong after a mixed regular trading day on Wednesday. Dow Jones Industrial Average futures fell 0.09%, S&P 500 futures edged 0.06% lower and Nasdaq Futures lost 0.09%.\nThe U.S. central bank left interest rates unchanged at 5% to 5.25% after its meeting on Wednesday. The rate is at its highest since 2006 after ten consecutive hikes that started in March 2022 to slow the pace of inflation that surged to 40-year highs at one stage last year.\nHowever, post-meeting comments from Powell Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-15 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $486,403,779,400 - Hash Rate: 385148460.1631553 - Transaction Count: 423069.0 - Unique Addresses: 689182.0 Social & AI Sentiment: - Fear & Greed Index: 0.41 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Tether – the issuer of stablecoinUSDT– has invested in an energy production and sustainable bitcoin (BTC) mining facility in Uruguay, the company announced Tuesdayin a press release. The firm is collaborating with a “local licensed company” and is actively recruiting, according to the release, which did not disclose amounts of the investment or the partner firm. Tether expects that the mining facility will start operating by mid-Q3 this year, a company spokesperson told CoinDesk. The news comes afterTether laid out plansearlier this month to allocate a part of its profits to bitcoin investments, including regular purchases of BTC and funding infrastructure. Alongside that announcement, the company revealed its first bitcoin purchases, saying it held about $1.5 billion of the crypto as of the end of March. “By harnessing the power of Bitcoin and Uruguay's renewable energy capabilities, Tether is leading the way in sustainable and responsible Bitcoin mining," Paolo Ardoino, Tether’s chief technology officer, said in the press release. South America has seenincreasing attention from overseas crypto investors, specifically bitcoin mining, thanks to a drying up of opportunities in North America. Uruguay's neighborParaguayhas experienced an influx of miners looking to tap into its unused hydropower, though this has caused a stir in that country's political and energy systems. Tether’sUSDTis the largest stablecoin on the market with an $83 billion capitalization. The token is mostly backed with assets like U.S. government-issued debt, but also gold and a stash of secured loans to undisclosed parties. Rising yields over the past year-plus have proven to be a boon for the company, contributing to its $1.5 billion innet profitsfor the first quarter of 2023. UPDATE (May 30, 15:55):Adds expected date to start operation from Tether spokesperson. UPDATE (May 30, 13:55):Adds context about South America.... - Reddit Posts (Sample): [['u/LordBobTheWhale', 'Genuinely curious: why did the US rate pause affect Bitcoin price today?', 104, '2023-06-15 00:09', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/', "It seems pretty clear to me that the US Fed's decision to pause rate hikes had an immediate impact on the price of BTC. Why is that? I'm not concerned about short term price of BTC or sustainability of USD and whatnot, but rather I'm curious about the economic principles at play in general. Looking to learn something here vs be shilled to please. Thanks!", 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/', '149kq2p', [['u/castorfromtheva', 12, '2023-06-15 00:15', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo5oewm/', 'Buy the rumor, sell the news.', '149kq2p'], ['u/malceum', 14, '2023-06-15 00:30', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo5qcbz/', 'The Fed isn\'t pausing, since it announced more hikes are likely. It would have been better if the Fed hiked now and said this is likely the end.\n\nInstitutions that control asset prices already know what the Fed is going to do. Asset price movements based on "news" -- which is news to you, not them -- are designed to suck your money away. Try not to get too worried about short term fluctuations, especially ones that are supposedly related to "news."', '149kq2p'], ['u/PocketMoneey', 18, '2023-06-15 00:50', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo5sstp/', 'The Fed will probably raise the interest rates another two times. Therefore it is less attractive for investors to hold bitcoin if they can instead earn interest of around 6 percent on bonds.', '149kq2p'], ['u/drunk_in_denver', 13, '2023-06-15 00:51', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo5sz8m/', 'I don\'t think the Fed news had anything to do with it. The "literal" timing is off. Usually the move is instant with the news. There was quite a delay here. Word on the street it was probably market manipulation from a big player like Binance.', '149kq2p'], ['u/DatTacocatdoe', 107, '2023-06-15 00:53', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo5t898/', 'Stronger dollar is bad for btc but don’t worry long term they can’t resist the urge to turn the faucet back on full blast eventually.', '149kq2p'], ['u/Nubraskan', 32, '2023-06-15 00:58', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo5tqci/', "Zoom out. Today's price movement is small in bitcoins typical volatility. It's not big enough to care about.", '149kq2p'], ['u/debtfreegoal', 29, '2023-06-15 01:12', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo5vkur/', 'The idea of “two more rate hikes” was floated, imo, to keep the markets from running away when today’s “pause” was officially announced. One more rate hike todays pause was priced in already. So when the mention of a second hike was dropped, markets dropped. \n\nChairman is playing some 4D chess with the markets today. And the markets bit. Let it run a news cycle or two and then things will get back on track.', '149kq2p'], ['u/LordBobTheWhale', 16, '2023-06-15 01:36', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo5yg2e/', "Yeah I'm not worried. So this fed action today is considered 'strong' dollar action by traditional economics?", '149kq2p'], ['u/LordBobTheWhale', 16, '2023-06-15 01:37', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo5ym6p/', 'Sounds like just kicking the can of collapse further down the road to me.', '149kq2p'], ['u/DatTacocatdoe', 14, '2023-06-15 01:41', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo5z1cy/', 'More expensive debt makes cash money more valuable. Also a higher return on bonds which is a safe investment. I don’t know anything I’m all in on btc and have a good but not great price point.', '149kq2p'], ['u/debtfreegoal', 15, '2023-06-15 01:51', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo60bk6/', 'That’s the only play here. Hold onto power as long as your can. Maybe the bomb will go off on someone else’s watch.', '149kq2p'], ['u/SuperSaiyanGME', 17, '2023-06-15 01:56', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo60u0u/', 'It was more about the Statement of Economic Projections pricing in a higher terminal rate than what markets had anticipated. I didn’t get the exact figure, but I think it’s gonna be 5.75-6.0% which is higher than the widely expected 5.25-5.50%. While new dollars won’t be created through the banking system, existing dollars will go to treasury, who will create more money through high interest. But nowhere near the amount that 3.4% mortgages for 2 years created in tandem.', '149kq2p'], ['u/LordBobTheWhale', 11, '2023-06-15 02:38', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo65qsw/', 'Yeah I locked in a 3.5% refinance 2 years ago this month actually. Super interesting how that affects so much.', '149kq2p'], ['u/TheWreckaj', 10, '2023-06-15 06:17', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo6tpy4/', 'Got mine at 2.125% a year before that. They’re paying me to borrow their money.', '149kq2p'], ['u/Ritayan', 11, '2023-06-15 07:10', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo6ygv5/', 'They announced 2 more rate hikes later this year. That had an impact. Plus it kinda became clear that either something big has to break or rate cuts will come late. Most probably markets are reacting to this.', '149kq2p'], ['u/AFaded', 12, '2023-06-15 07:58', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo72b6k/', "This is fucking bullshit. If it was a weaker dollar, bitcoin would still go down because of reasons.\n\nEvery new horror in the news is negatively affecting btc. It's just a never ending onslaught of bullshit news.", '149kq2p']]], ['u/nickolsdrew', 'What’s with the consistent downward pressure on Block (SQ)?', 34, '2023-06-15 01:36', 'https://www.reddit.com/r/investing/comments/149mqio/whats_with_the_consistent_downward_pressure_on/', 'Is it the Hindenburg hit piece ? \n\nAre they over leveraged in Bitcoin ? \n\nDebt ? \n\nThey have a hefty operating cost keeping them from near term profitability yes, but they print Billions and have an established brand, a variety of revenue streams, and beat earnings projections regularly . That’s more than you can say about many of the unprofitable tech that’s up over 100% ytd lol \n\n 58-$65 throughout the recovery….lagging every else in my portfolio, for the last year really . \n\nWhat gives ?', 'https://www.reddit.com/r/investing/comments/149mqio/whats_with_the_consistent_downward_pressure_on/', '149mqio', [['u/nakfoor', 24, '2023-06-15 02:51', 'https://www.reddit.com/r/investing/comments/149mqio/whats_with_the_consistent_downward_pressure_on/jo67986/', "The memory of SQ burns me. Somehow I didn't see its COVID surge in my account because I would have sold it. Then it collapsed and I took a meager 15% gain.", '149mqio'], ['u/Certain-Resident450', 11, '2023-06-15 03:11', 'https://www.reddit.com/r/investing/comments/149mqio/whats_with_the_consistent_downward_pressure_on/jo69lhf/', "Does it have any moat? Isn't it easily replaceable by Apple's Tap to Pay?", '149mqio'], ['u/Reeeeeekola', 35, '2023-06-15 03:32', 'https://www.reddit.com/r/investing/comments/149mqio/whats_with_the_consistent_downward_pressure_on/jo6c0be/', 'Block is the worst parts of PayPal, Coinbase and a regional bank. Why should it be up?', '149mqio'], ['u/im_not', 54, '2023-06-15 04:48', 'https://www.reddit.com/r/investing/comments/149mqio/whats_with_the_consistent_downward_pressure_on/jo6ko78/', 'Toast is dominating the restaurant space, legacy POS hardware/software has caught up to square’s elegant simplicity, the purchase of Afterpay was insanely expensive and hasn’t proven out, BNPL itself is looking more and more like a fad, Dorsey is an uninspiring absentee CEO preoccupied with his web5 garbage, tidal is never going to gain wide consumer adoption and was bought so Dorsey could cozy up to jay z and jay z doesn’t give a shit about him.', '149mqio'], ['u/RigusOctavian', 15, '2023-06-15 05:06', 'https://www.reddit.com/r/investing/comments/149mqio/whats_with_the_consistent_downward_pressure_on/jo6moz9/', 'Near term profitability problem for a company printing “Billions” is probably a good start.\n\nThe VC faucet dried up. Excessive burn rates will do what they do best, burn out. If your model isn’t making you money, and you aren’t eating your competition, you are waiting to be bought.', '149mqio'], ['u/thenoodleincident18', 32, '2023-06-15 05:17', 'https://www.reddit.com/r/investing/comments/149mqio/whats_with_the_consistent_downward_pressure_on/jo6nv5o/', 'I have to say the Tidal purchase was when I got out. Still not clear to me how that made any sense.', '149mqio'], ['u/SharpShooter2-8', 22, '2023-06-15 05:20', 'https://www.reddit.com/r/investing/comments/149mqio/whats_with_the_consistent_downward_pressure_on/jo6o4po/', 'Can’t go broke making money.', '149mqio'], ['u/Background_Drama6126', 10, '2023-06-15 06:58', 'https://www.reddit.com/r/investing/comments/149mqio/whats_with_the_consistent_downward_pressure_on/jo6xgvz/', 'Why is a report showing what appears to be true considered a "hit piece"? 🤔🤔🤔🤔', '149mqio']]], ['u/-Squidster-', 'So, who is Cardsmiths and the Artists... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 spurts but then stabilizes. Other cryptos reverse some Wednesday losses. Insights: Hong Kong\'s banks may not yet be ready to help turn the City into a crypto hub. Prices CoinDesk Market Index (CMI) 1,079 +13.0 ▲ 1.2% Bitcoin (BTC) $25,572 +467.2 ▲ 1.9% Ethereum (ETH) $1,665 +15.3 ▲ 0.9% S&P 500 4,425.84 +53.3 ▲ 1.2% Gold $1,971 +15.3 ▲ 0.8% Nikkei 225 33,485.49 −16.9 ▼ 0.1% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,079 +13.0 ▲ 1.2% Bitcoin (BTC) $25,572 +467.2 ▲ 1.9% Ethereum (ETH) $1,665 +15.3 ▲ 0.9% S&P 500 4,425.84 +53.3 ▲ 1.2% Gold $1,971 +15.3 ▲ 0.8% Nikkei 225 33,485.49 −16.9 ▼ 0.1% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Bitcoin Spurts, Then Fizzles Bitcoin and other crypto assets spurted briefly late Thursday after fund management giant BlackRock iShares\' unit filed filed paperwork Thursday afternoon with the U.S. Securities and Exchange Commission (SEC) for the formation of a spot bitcoin ( BTC ) ETF. But the rally, which regained ground lost the previous day, fizzled out well short of the $26,000 threshold BTC lost nearly a week ago. The largest cryptocurrency was recently trading at $25,556, up nearly 2% over the past 24 hours. Bitcoin swooned late Wednesday amid ongoing worries about U.S. central bank monetary policy overreach and growing U.S. crypto regulatory scrutiny. Read More: BlackRock\'s iShares Files Paperwork for Spot Bitcoin ETF Ether spiked similarly to trade above $1,660, a 0.8% gain from Wednesday same time. Other major cryptos went from the negative territory they\'d occupied for much of Thursday to green with SOL, the token of the Solana smart contracts platform Solana, recently up 1.8%, and SAND and AXS also rising more than a percentage point. MATIC, the native crypto of the Polygon blockchain, was down more than 4%. These assets were among 19 mentioned in U.S. Securities and Exchange (SEC) lawsuits that accused exchanges Binance and Coinbase of violating securities laws. Story continues In an email to CoinDesk, Brian D. Evans, the CEO of Web3 venture studio and advisory firm BDE Ventures, noted the investor angst about the increasingly unfavorable U.S. crypto climate. “I feel like we’re at the beginning of a big shift involving project founders seeking locations to base themselves outside the United States," Evans wrote. "In this sense, the market feels very dislocated. In the United States, they’re left scratching their heads over the intricacies of a regulatory system that hasn’t been updated since the Great Depression." Evans wrote that this failing has sent projects "searching out better-regulated jurisdictions, such as Hong Kong, Dubai and the U.K." Read More: SEC’s Binance, Coinbase Suits Create Uncertain Future for Listed Tokens: Legal Experts He added: "A global reshuffling is taking place that is shaping up to center the next burst of innovation and market exuberance in Asia and the Middle East. In that sense, then, I think the digital asset ecosystem is actually becoming more robust, making the likely fireworks following the next Bitcoin halving all the more surprising to a large number of observers. In short, the bullishness is there, yes, but it’s increasingly being driven by events happening abroad.” Biggest Gainers Asset Ticker Returns DACS Sector Gala GALA +4.5% Entertainment Shiba Inu SHIB +2.6% Currency Cosmos ATOM +1.9% Smart Contract Platform Biggest Losers Asset Ticker Returns DACS Sector Polygon MATIC −5.3% Smart Contract Platform Polkadot DOT −4.6% Smart Contract Platform Stellar XLM −3.9% Smart Contract Platform Insights Hong Kong as Crypto Hub? The Banks May Not Be Ready Take their money! That’s the message that Hong Kong’s financial regulator is telling some of the City’s banks who refuse to onboard crypto clients . "The HKMA has consistently communicated the importance of banks following the risk-based approach to managing the risks of individual customers," a Hong Kong Monetary Authority spokesperson told CoinDesk earlier. It’s not the first time we’ve heard of crypto companies having trouble banking in Hong Kong. A few months ago, news broke that the Hong Kong branches (which are largely autonomous and operate by local rules) of some of China’s state-owned banks were soliciting crypto business in the City. There was just one problem. While they might talk a big game about being ready to embrace crypto – unthinkable years ago – potential clients found it nearly impossible to get on-board. "The city’s digital assets regulation is overall friendly and encourages banks to work with crypto companies, however, banks still currently have stringent requirements in place, which makes it difficult for crypto businesses to expand and grow,” Adrian Wang, founder, and CEO of Metalpha, a Hong Kong-based digital assets wealth management company, said to CoinDesk at the time. “We have yet to see major progress in the banking sector to embrace crypto. Hopefully, that will change soon.” At one time, Hong Kong had the unfortunate reputation of being a money laundering center for organized crime. HSBC paid out record fines for their behavior. It’s a much more conservative, risk-managing organization as a result. Billions in penalties will do that to a company. Almost understandably, banks don’t want to get involved with crypto. The Securities and Exchange Commission (SEC) and CFTC, which seem to have given themselves a supranational mandate, have accused Binance of co-mingling $12 billion in funds and violating securities laws . The same goes for Coinbase. Banks would really not want these as a client. Binance and Coinbase are the big fish and were attacked first, but who knows what exchange could be next. Even if a bank in Hong Kong doesn’t do business in the U.S., it can still be caught up in the regulatory dragnet – if U.S. authorities go after an exchange that’s otherwise legal in Hong Kong – by virtue of it offering USD products. Of course, one should always remain optimistic, but Hong Kong looks like it has a long way to go before it can be considered a crypto hub. Important events. 5:00 p.m. HKT/SGT(9:00 UTC) Eurozone Harmonized Index of Consumer Prices (YoY/May) 7:45 p.m. HKT/SGT(11:45 UTC) United State Fed\'s Waller Speech 10:00 p.m. HKT/SGT(14:00 UTC) Michigan Consumer Sentiment Index (June) CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Bitcoin Drops Below $25K; Bankrupt Crypto Exchange Bittrex U.S. Set to Allow Withdrawals Cryptocurrencies fell sharply, with bitcoin (BTC) dropping below $25,000 after the Federal Reserve policy decision to suspend rate hikes for at least one meeting. Path Trading Partners Chief Market Strategist Bob Iaccino broke down the market reaction. Plus, Ripple Chief Legal Officer Stuart Alderoty on strategy after the release of documents tied to William Hinman. And, the U.S. arm of Bittrex was set to open for customer withdrawals Thursday following a ruling by a Delaware bankruptcy court. Bittrex Chief Legal Officer David Maria discussed the news. Headlines Polygon Labs Rolls Out Open Database for Blockchain Use Cases : Called "The Value Prop," the database hosts as many as 39 use cases and over 300 applications, with numbers expected to increase. Colombia’s Central Bank Partners with Ripple to Explore Blockchain Use Cases : The Latin American country will conduct a pilot to test Ripple\'s technology for its high-value payments system. Crypto Exchange Bybit Integrates ChatGPT Into Trading Tools : Traders will be able to analyze market data with the new AI-based feature called "ToolsGPT." USDT Selling on Curve, Uniswap Spooks Traders Amid Bitcoin Drop : USDT holdings on Curve’s popular ‘3pool’ have risen to over 72% as of Thursday morning, suggesting a sudden disbalance. Hong Kong Put Pressure on 3 Major Banks to Take On Crypto Exchanges as Clients, Report : The Hong Kong Monetary Authority put pressure on HSBC, Standard Chartered and Bank of China, according to the Financial Times.', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin spurts but then stabilizes. Other cryptos reverse some Wednesday losses.\nInsights:Hong Kong\'s banks may not yet be ready to help turn the City into a crypto hub.\nCoinDesk Market Index (CMI)\n1,079\n+13.0▲1.2%\nBitcoin (BTC)\n$25,572\n+467.2▲1.9%\nEthereum (ETH)\n$1,665\n+15.3▲0.9%\nS&P 500\n4,425.84\n+53.3▲1.2%\nGold\n$1,971\n+15.3▲0.8%\nNikkei 225\n33,485.49\n−16.9▼0.1%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,079", "+13.0\\u25b21.2%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$25,572", "+467.2\\u25b21.9%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,665", "+15.3\\u25b20.9%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,425.84", "+53.3\\u25b21.2%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,971", "+15.3\\u25b20.8%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["33,485.49", "\\u221216.9\\u25bc0.1%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nBitcoin Spurts, Then Fizzles\nBitcoin and other crypto assets spurted briefly late Thursday after fund management giant BlackRock iShares\' unit filed filed paperwork Thursday afternoon with the U.S. Securities and Exchange Commission (SEC)for the formationof a spot bitcoin (BTC) ETF.\nBut the rally, which regained ground lost the previous day, fizzled out well short of the $26,000 threshold BTC lost nearly a week ago. The largest cryptocurrency was recently trading at $25,556, up nearly 2% over the past 24 hours. Bitcoin swooned late Wednesday amid ongoing worries about U.S. central bank monetary policy overreach and growing U.S. crypto regulatory scrutiny.\nRead More:BlackRock\'s iShares Files Paperwork for Spot Bitcoin ETF\nEther spiked similarly to trade above $1,660, a 0.8% gain from Wednesday same time. Other major cryptos went from the Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-16 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $494,397,676,500 - Hash Rate: 398160232.4659646 - Transaction Count: 512202.0 - Unique Addresses: 765014.0 Social & AI Sentiment: - Fear & Greed Index: 0.47 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Dubai, United Arab Emirates--(Newsfile Corp. - April 21, 2023) - LYOPAY, the company behind a range of crypto-friendly products, has unveiled its latest innovation -LYOPAY Pro. This revolutionary payment app allows users to easily transact with cryptocurrencies and fiat money in over 150 countries around the world. LYOPAYTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8902/163210_802b7e31b44c396e_001full.jpg The key aim of LYOPAY Pro is to empower individuals and businesses with greater financial freedom and global economic opportunities, regardless of their geographic location. LYOPAY Pro is built to provide users with a seamless payment experience that blends the traditional fiat currency system with the cutting-edge world of digital currency. This payment app opens the possibility of using cryptocurrencies and fiat currencies to a global audience. Mission LYOPAY Pro's mission is to promote the adoption of cryptocurrencies through the buying, selling, and transfer of digital currencies, giving people access to using crypto in their everyday lives. The app is equipped with a range of exclusive features, including digital payment services that are available 24/7. Thus the app also maintains a high level of transparency with its users, providing detailed information on all the fees and charges associated with its services. LYOPAY Pro allows for multi-fiat and multi-crypto transactions, and users can access sixIBAN accounts,each with unlimited balances. LYOPAY Pro also includes acrypto walletthat enables users to quickly and easily transfer funds between wallets and sell their crypto for traditional currencies. Services LYOPAY Pro supports different cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Tether, BAT, Paxos, USD Coin, and EOS. LYOPAY Pro is not only a payment app, but also a platform that offers various services to its users. The app also includes a range of travel and concierge services too; personalized travel experiences, access to exclusive events, and VIP airport services are some of the features LYOPAY provides. LYOPAY Pro also offers rewards and discounts when users make purchases using the app. LYOPAY Pro offers brandedphysical and virtual cards, including Explorer, Titan, Signature, and Excellence tier options. The Excellence card, the top-level option, is a solid gold card, delivered in an Italian handmade wooden box. Users can purchase unlimited virtual cards and top them up via Google Pay, Samsung Pay, and LYOPAY Pro fiat wallets. LYOPAY Pro allows easy money transfer and exchange with SEPA and SWIFT transfers and is compatible with USD, EUR, GBP, CNY, JPY, and PHP currencies. Explore LYOPAY Pro For more information about LYOPAY Pro, visithttps://lyopay.pro/. The app will soon be available on Apple Pay and Google Play. With LYOPAY Pro, individuals and businesses can become a part of the global economy and take advantage of new opportunities in the digital age.Media Contact: Contact Name: Nahid El OtmaniEmail:[email protected] To view the source version of this press release, please visithttps://www.newsfilecorp.com/release/163210... - Reddit Posts (Sample): [['u/IHaventEvenGotADog', 'Moon Metrics (Moontrics) - Round 40', 37, '2023-06-16 00:21', 'https://www.reddit.com/r/CryptoCurrency/comments/14afbzr/moon_metrics_moontrics_round_40/', "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/k75bigez996b1.png?width=1413&format=png&auto=webp&v=enabled&s=13ee0e16a78f3f857ea571fdd60a867cda13c407\n\nThe Sum of all the karma per round\n\nA 13% decrease since the last round. I'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. I'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\nThe spike at round 33 was probably from all the FTX bullshit and the 700 news link posts about it every hour.\n\n# The ratio of Moons to karma\n\nhttps://preview.redd.it/lo458ap1a96b1.png?width=1413&format=png&auto=webp&v=enabled&s=f122d2af49255045f259082828f52e812ee0c10d\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\nRound 36 spike was caused by the reintroduction of a shitload of burned Moons from the testnet bridge closing\n\nThe ratio will naturally decline over time as the Moons released per round reduce by 2.5%.\n\nWith 2 days of a closed subreddit and 3rd party apps getting fucked over a week before the end of round 41, then there's a very good chance we get a ratio over 1.0 next round.\n\n# Number of users on .CSV\n\nhttps://preview.redd.it/cpspanw9a96b1.png?width=1422&format=png&auto=webp&v=enabled&s=b779a29d544600efa2a5969d3c5ce6cf239f62b4\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 60%. This doesn't indicate that only 60% 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/mmqsv3gba96b1.png?width=1396&format=png&auto=webp&v=enabled&s=84401057e0edbdfb3185f15d6a26392f5124b6e7\n\nThe spike from round 28 to 29 was caused by the implementation of CCIP 031 which removed vaultless users with less than 10 karma from the .csv\n\n# Average Moons per user & Median Moons per user\n\nhttps://preview.redd.it/61xh1ctda96b1.png?width=914&format=png&auto=webp&v=enabled&s=4987217556b82ae7256a00266ceb872315e7c574\n\nhttps://preview.redd.it/se6xhh4ea96b1.png?width=914&format=png&auto=webp&v=enabled&s=ff07b96fc3d233aef729b0a3fa5625a7479730ee\n\nThe increase in average and median from round 28 to 29 was also caused by the implementation of CCIP 031.\n\nThe average Moons earnt per user takes into account a lot of factors: number of users, Moon to karma ratio and the reduction in Moons being released per round.\n\n# Moons Market Cap Rank\n\nhttps://preview.redd.it/op6tljeja96b1.png?width=1993&format=png&auto=webp&v=enabled&s=c1015fdd3970868ae0e9c2dd09a004f44b6bec52\n\nThe recent drop was from a non vault address selling [445k Moons in one transaction on Sushiswap](https://nova.arbiscan.io/tx/0x101b8d99c7c220e5c00446e7797a76524d9b65fda8a0919cb6910d1c7fb2a403). They prolly lost like 30% to slippage. ^(REKT)\n\n# Enough graphs, show me the spreadsheet\n\nhttps://preview.redd.it/dzymx5t7b96b1.png?width=1097&format=png&auto=webp&v=enabled&s=8597e9a9a01d6b9fcbefbf1ac2ac6e7b30e35393\n\nhttps://preview.redd.it/nqzhujoab96b1.png?width=1096&format=png&auto=webp&v=enabled&s=a793177e99c37fb9f0118afbcfb271d3eff268d2\n\n(The dates are a day ahead than most of you as I live in the future in UTC+13)\n\nI asked the admins to check what dafuq was up with not many Moons being reintroduced. Then I figured out it was probably because the address that burns on behalf of membership buyers paying in $$ ran out of Moons. Apparently they have an alert on the address which failed. So they topped it up with 500k Moons. That will last like 6 months max lol.\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%22%20author%3AIHaventEvenGotADog&restrict_sr=1&sr_nsfw=&sort=new)\n\nTL;DR Karma goes down, ratio goes up, 1 Moon = 1 Moon, I fucking love spreadsheets.", 'https://www.reddit.com/r/CryptoCurrency/comments/14afbzr/moon_metrics_moontrics_round_40/', '14afbzr', [['u/Tasigur1', 15, '2023-06-16 00:45', 'https://www.reddit.com/r/CryptoCurrency/comments/14afbzr/moon_metrics_moontrics_round_40/joa6xzl/', 'I call it right now, next month the ratio will be between 0.92 and 1.02 💪', '14afbzr']]], ['u/crua9', "So I found out I've been shadow ban from Ledger. I think it is because I spoke common sense", 10, '2023-06-16 00:49', 'https://www.reddit.com/r/CryptoCurrency/comments/14ag0oe/so_i_found_out_ive_been_shadow_ban_from_ledger_i/', 'So I had a feeling I\'ve been shadow ban after the huff from when they got caught actually preventing post from showing. (The reason why I follow it still is because I\'m still transferring stuff and likely will be until the start of next month. I want to keep an eye out for anymore crap where I need to rush moving things)\n\n\n\nAnyways, I seen a post where someone was trying to use swaps to switch their stETH to ETH, and I said\n\nhttps://preview.redd.it/6lk4246oe96b1.png?width=636&format=png&auto=webp&v=enabled&s=a0af60a2bf1a87ed052ce75de0c58e3a38c734cd\n\nSwitching to a private window shows\n\nhttps://preview.redd.it/vu1lw8dre96b1.png?width=469&format=png&auto=webp&v=enabled&s=bf714fb06242defece8c86bb65d24758f2d5e7b8\n\n\n\nIf I had to guess, the reason why I was shadow ban is because\n\n[https://np.reddit.com/r/CryptoCurrency/comments/146alh7/it\\_looks\\_like\\_ledger\\_is\\_deleting\\_post\\_asking\\_for/](https://np.reddit.com/r/CryptoCurrency/comments/146alh7/it_looks_like_ledger_is_deleting_post_asking_for/)\n\nOr I told the co-founder u/btchip this when he tried to defend him not open sourcing the firmware yet and how Ledger is more "trusted" than others.\n\n\\_\\_\\_\\_\\_\\_\\_\n\nHere is where the problem really comes in today.\n\n\n\n1. Without the code open source it is a true trust me bro. What many are worried about is that tool which could allow for the private keys to leave their device, that is in the firmware. And there is no way to just not have that other than never update the firmware. Having it open source will allow us to quickly confirm opt in or not, if the code which allows for it is there or not. Or if the tools are added after you opt in.\n2. We still don\'t honestly know how your recovery system works during the opt in part. Like we are told 1 second it is an opt in, you need to sign a smart contract, etc. BUT the next second we are told you can\'t export the keys from the device. Unless if we are manually writing in the seed phrase in the new service. These 2 things conflict with each other.\n\n\n\nAnd what makes it worse for 2 is when someone actually does ask. We are told we don\'t know how a hardware wallet works, or we are giving a depth analysis on what wasn\'t even asked. I even asked this in a support email and got a detail description on the the thing being split or whatever. But it never answered how the service even gets the seed phrase.\n\n\n\nWhen I flat out asked does the seed phrase/master key get exported from the device or we have to manually put it in. I got another deep dive in what I didn\'t ask for. I never got the answer. And it seems like no one is getting an answer to this question.\n\n\n\nSo please answer that question. Does the master key get exported from the device itself? Or does the user have to manually put in the needed info?\n\n\n\nAnyways, It would go a long way if your company says firmly state if the tools which allows for the extracting of the private master key is within the firmware update or when does it go on the device. (note I will highly recommend to open source the firmware as soon as possible)\n\n\n\nOr better yet, that and show a detail video on how the new service works. Even more how the service gets the master key. Is it exported, or do you have to manually write in the seed phrase.\n\n\n\n\n\n[Evidence I actually did say that](https://preview.redd.it/zrkn6oe5g96b1.png?width=1407&format=png&auto=webp&v=enabled&s=c48c9485e46ff993f7114ec51cdc59907f257868)\n\n\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n\n\n\nTLDR Ledger is pissed at me for exposing their crap or speaking a truth they don\'t want to hear.', 'https://www.reddit.com/r/CryptoCurrency/comments/14ag0oe/so_i_found_out_ive_been_shadow_ban_from_ledger_i/', '14ag0oe', [['u/kryptoNoob69420', 11, '2023-06-16 00:58', 'https://www.reddit.com/r/CryptoCurrency/comments/14ag0oe/so_i_found_out_ive_been_shadow_ban_from_ledger_i/joa8ju7/', 'It was pretty sad to see the most successful hardware wallet manufacturer become greedy enough to give up the most important tenant of their product just to shovel $10 monthly subscriptions.\n\nTheir slimy attitude shows how arrogant their management is and how that arrogance has already started killing their company.', '14ag0oe']]], ['u/crazypostman21', 'Nano was on my mind today.', 53, '2023-06-16 01:46', 'https://www.reddit.com/r/nanocurrency/comments/14ahchn/nano_was_on_my_mind_today/', "So I bought some. Makes me sad to see Nano slip... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 first-person account of a cryptocurrency hack was verified by Forkast. The writer requested not to be identified due to repeated phishing attacks. First, let me tell you about the cockroaches. The worst holiday I ever had started in Thailand, Phuket Island to be exact, more than two decades ago. I’d rented a motorbike, wasn’t paying attention, skidded on a patch of loose gravel — broke a collarbone and gashed up most of my left arm. A doctor on the island dressed the scrapes and cuts, put me in a sling, but I didn’t need him to tell me the next week of what was a scuba diving holiday wouldn’t involve any time underwater. Still, I was traveling alone and had rented a bungalow on a beach at a nearby island for the next leg and decided I’d go there anyway and rest up. The bungalow was basic, electricity fed from a garden generator, which was temperamental, said the lady at the reception hut, assuring me when the power went off, it would (eventually) come back on. Sure enough, that night the power went out while I was reading in the room, so I dug out a dive flashlight. The Phuket doctor had told me to change the dressing on the gashed arm and also give the cuts time to breathe, so on the second night I took off the dressing, washed the gashes, put the sling back on and went to sleep planning to dress the injury again in the morning. I woke up in the dark and realized something was moving and rustling under the bed sheet on my left side. I reached for the bedside light, but the power was out. I groped for the flashlight on the side table, turned it on, peeled back the bedsheet and saw a swarm of cockroaches feasting on my scraped and bloodied arm. I reacted like I assume most people would by shouting something unprintable, jumping up and swiping and swatting at the arm. In the flashlight, roaches ran across the bed and careened across the floor. I spent the rest of the night in a chair by the door, dog-tired but sweeping the floor with the light every now and then to pick out roaches zipping across the room — whacking whatever came near with the sheet I pulled from the bed. The power never did come back, but when the sun eventually came up, I checked out. Story continues In May this year — just two days before the worst birthday I ever had — two Bitcoin and a little more than two Ether I had spent about four years accumulating was stolen from a\xa0cold wallet through a phishing attack. Several more phishing emails and phone calls followed over the next several days. Sitting at home and shell shocked I found myself remembering that night in Thailand. Then the penny dropped: Hackers are like cockroaches. Once you are targeted, they stay in the dark, but come after you in swarms. I wrote this account to try and put down observations of how these hackers came at me and how I reacted (badly) to hopefully provide some red flag reminders for others. I claim no particular expertise in blockchain or cryptocurrency, but we all know the behavior of cockroaches. After the collapse of the FTX crypto exchange last November I did what a lot of investors did and moved tokens into a cold wallet, in my case a Trezor. I also advised my daughter to move her Bitcoin being saved for university fees to my Trezor, thinking it would be safer. After that, I didn’t really do anything with it — except to occasionally think how weird it was to have thousands of dollars sitting in a desk drawer. (Is this what financial freedom looks like? Should I put it in a bank safe deposit box?) But in December last year, I pulled the Trezor out to explore other functions and in the process, the crypto disappeared. That was freaky, but I messaged support at Satoshi Labs, the Trezor maker, with screenshots and they emailed back after a few days to walk me through what to do. This is the email from Satoshi Labs. Screenshot of SatoshiLabs’ customer service email. Image: provided Apparently I had moved the tokens into a hidden wallet. After a reset, the missing crypto funds appeared again. I didn’t take this further, though being told by Trezor support they had “never seen wallet window” like in the screenshot I sent was troubling. I didn’t touch the Trezor for months after that, though I still had the occasional niggles about the crypto laying around as Bitcoin’s price jumped from the start of the year. Here is the phishing mail that arrived in my inbox in mid-May. It was sent to the email I used for Trezor communications, had the Trezor logo at the top, even seemed to mimic some of the lowercase lettering from Satoshi Labs. And while it has a new ticket ID, it referenced the “missing funds” which was the topic of my mail to Trezor in December. Screenshot of the phishing email received by the victim. Image: provided The email arrived in the evening. I was tired, distracted, doing four things at once online. I looked at it, saw the reference to the missing funds, remembered I hadn’t opened the Trezor since the Ethereum hard fork, and did the thing we know to never, never do, clicked the link and it opened what looked like the Trezor site, I entered the seed phrase. I then watched in disbelief as the crypto was pumped out. Beside loss of assets, theft is an act of psychological violence that leaves you in deep shock and in that state you become disoriented and in denial about what has happened. In other words, you are desperate and vulnerable, and a prime target for a second hack. (Binance has a link on that which I wish I’d seen at the time: How Not to Fall for a Scam Twice ) You also feel enormously stupid. Yes, “even monkeys fall from trees” but I imagine that the monkeys feel pretty stupid, too. I immediately messaged Trezor support in a panic, but the response was to expect a response in three days, not that they could have done anything. I went on Telegram — for reasons I still don’t understand other than desperation — seeking help and advice. One Telegram user was sympathetic and offered to help, wanted the transfer IDs for the hack and then asked for the seed phrase for another wallet I had, proposing to get back the stolen crypto and transfer it there. Of course, it was another cockroach (or maybe the same one) but I was in the state of wanting to believe there was help from the crypto community and that there was a way to get the stolen crypto back. As a result, I almost got taken a second time. (Telegram seems to host whole nests of these roaches. I messaged Telegram at [email protected] to flag this hacker and never heard back from them. Trezor later confirmed they do not have any support groups on Telegram. Neither does Binance.) I continued looking online for other help and found a cybersecurity company that claimed to have teams of ethical hackers that can track and expose online thieves to law enforcement and then get the crypto back. Problem with those services is they want thousands of dollars upfront and, of course, there is no guarantee of any success. (See above on being in shock, vulnerable and getting scammed twice.) Using the transaction IDs for the hack, I could see the cockroach’s wallet and that it had interacted with a Binance wallet. I got online with Binance support, gave them the transaction IDs to ask if they could freeze the wallet. They checked and were very helpful, but it wasn’t a Binance wallet and they could do nothing. However, I did follow Binance support’s advice not to pay thousands of dollars up front to companies offering to get the crypto back. The only real option is file a report to law enforcement — search Google, “Report a Cyber Crime + (Your country)” — and hope. More phishing attacks followed. I received an automated voicemail telling me I needed to call the Singapore immigration department immediately at a U.S. area code number because my details were inaccurate. I don’t live in either country. In early June, I noticed a story online detailing the huge extent of the cryptocurrency hacking and theft that took place in May alone. Beside the major hacks of exchanges that result in millions of dollars of losses spread across thousands of individuals, the story says hackers are shifting their attention to ordinary users. So how many more hundreds or thousands of individuals are being targeted and ripped off every day in other scams? Are the roaches at the gates? Along with the financial devastation, one of the other damaging aspects of being hacked is blaming it on blockchain and cryptocurrencies per se. Confusing the technology, and its potential, with the thieves who exploit it. Because of the transparency of transactions, I can track where the crypto stolen from my Trezor is, but it’s problematic to keep looking because it’s difficult to not see a cockroach with a grin staring back. Phishing attacks on Trezor users are nothing new as the company’s customer emails were hacked in April last year and Trezor put out warnings about it. Because of widespread and ever more sophisticated phishing attacks, some crypto platforms have introduced specific codes for customers – usually a set of numbers chosen by the customer – so any email that arrives claiming to be from the company but lacks the code can be immediately identified as fake. I think it would be a good idea for Satoshi Labs and other exchanges and platforms to adopt that policy to better protect customers. However, the bottom line is I did the thing Satoshi Labs warns over and over again to never do: Punch a seed phrase into a computer. I’ve rebooted the Trezor to start rebuilding again, but I’m also looking at other storage options. We cannot let the roaches win.', 'This first-person account of a cryptocurrency hack was verified by Forkast. The writer requested not to be identified due to repeated phishing attacks. First, let me tell you about the cockroaches. The worst holiday I ever had started in Thailand, Phuket Island to be exact, more than two decades ago. I’d rented a motorbike, wasn’t paying attention, skidded on a patch of loose gravel — bro Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-17 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $514,113,255,012 - Hash Rate: 364329624.4786604 - Transaction Count: 475252.0 - Unique Addresses: 662278.0 Social & AI Sentiment: - Fear & Greed Index: 0.47 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Lama Technology Vilnius, Lithuania, May 15, 2023 (GLOBE NEWSWIRE) -- Lama has announced the launch of its crypto-to-fiat debit card, backed by Visa, for their users to spend their digital assets anywhere. Lama, a registered crypto exchange in Europe, will allow new and existing Lama users to select and spend from various digital assets linked to their cards at the point of sale. Residents in EEA countries can register their interests by downloading the Lama app on both Apple and Google Play stores, depositing or withdrawing their crypto, and getting a physical or virtual debit card to spend their assets anywhere. The new Lama Visa card offers seamless on/off ramping between fiat and digital assets for a smoother user experience, eliminating any unnecessary hassles for Lama users. The card will also offer cashback rewards and other benefits, making it a more attractive option than traditional debit cards offered by banks. Lama card holders can fund their Lama accounts using different cryptocurrencies, including BTC, ETH, BNB, BUSD, USDT, USDC, and more. Crypto funds are linked to Visa cards so users can convert to fiat in real-time, connect with their Apple Pay, and spend in any physical or online store. "We are excited to offer our customers a more seamless way of accessing and spending their digital assets. With our crypto debit card, customers can easily use their crypto holdings for everyday transactions without the need for conversion to fiat currency," said Dr. Jocelyn Braun, co-founder & CEO of Lama. Founded in 2021, Lama has already gained thousands of satisfied customers. Lama prides Itself on privacy, security, and compliance, and its ultimate goal is to facilitate and accelerate the adoption of cryptocurrencies on a global scale through its innovative platform. The crypto debit card is available to residents in EEA countries and can be ordered directly from the Lama app. The card will be linked to the customer's digital wallet, allowing them to easily manage their crypto holdings and transactions. Story continues With its crypto debit card issuance, Lama continues to be at the forefront of the crypto revolution in Europe, providing innovative solutions that make crypto more accessible and user-friendly. About Lama Lama is a registered crypto provider offering services for both consumers and businesses. A platform that allows users to pay and receive payments in both fiat and cryptocurrencies and save, store, earn and manage digital currencies through one user-friendly and trustworthy app. CONTACT: Jocelyn Braun Co-founder and CEO Lama Technology hello-at-mylama.eu https://www.mylama.eu/... - Reddit Posts (Sample): [['u/RonPaulWasR1ght', "Theory on what Blackrock is up to with this whole ETF business. They're going to suck up $, get big, then fork off a PoS version of BTC, and direct their holdings into that shipcoin, as well as those of their clients. Then they'll sell BTC and buy the hard forked shipcoin.", 15, '2023-06-17 00:43', 'https://www.reddit.com/r/Bitcoin/comments/14ba6gs/theory_on_what_blackrock_is_up_to_with_this_whole/', 'So, this is what it looks like Blackrock will try to do here. And you guys tell me if I\'m onto something, or if not, set me straight. But in their proposed prospectus, and I\'m paraphrasing here because my posts get taken down if I include certain links....in their prospectus it says that if there\'s a hard fork of BTC, then the ETF management is at liberty to decide which coin(s) to hold and which to divest the ETF of. So...remember the "change the code, not the climate" horseshit that Greenpeace tried a few years back? Well, let\'s put those two together...\n\nWhat if Blackrock brings in all the doctor\'s widows, and encourages them to put their 401ks in the Blackrock Bitcoin spot ETF, and they pump that thing full of several hundred billion $? Not an impossible amount for them, and that would be a huge fraction of the Bitcoin market cap. So then they write some stupid, retarded shipcoin code on Bitcoin Core, and fork it off. To protect the climate and all that crap. \n\nSo then this new shipcoin will have, overnight, like half of what Bitcoin\'s entire market cap used to have. So the price of shipcoin will be quite high all of a sudden. To top it off, Blackrock will then sell their original Bitcoin coins, and buy more shipcoin with the proceeds(after a hard fork they\'ll have one of each coin type). Remember throughout ALL of this, they have quick access to the $ printer if they ever need it. \n\nOnce they\'ve successfully smashed the price of Bitcoin, created enormous volatility in it\'s price, and thorougly demonized it for climate crap reasons, they\'ll move to ban it and carry on with the CBDC and all that. \n\nIt\'s truly a "don\'t beat them, join them and control them" approach. Will it work?', 'https://www.reddit.com/r/Bitcoin/comments/14ba6gs/theory_on_what_blackrock_is_up_to_with_this_whole/', '14ba6gs', [['u/coelectric', 31, '2023-06-17 00:48', 'https://www.reddit.com/r/Bitcoin/comments/14ba6gs/theory_on_what_blackrock_is_up_to_with_this_whole/joeo0se/', 'That\'s cool they can dump BTC for their "Piece Of Shit" coin and I\'ll continue to load up at discount prices.', '14ba6gs'], ['u/chrisxinghua', 16, '2023-06-17 01:07', 'https://www.reddit.com/r/Bitcoin/comments/14ba6gs/theory_on_what_blackrock_is_up_to_with_this_whole/joeq8r7/', "You forget. Everyone has been creating new shipcoins. BTC even forked. There's no ecosystem for it, man. They'll be stuck with a dying bird while BTC rises - and then their investors leave them. Makes way more sense for them to just ride BTC for real, they make money in fees no matter what BTC does.", '14ba6gs']]], ['u/Background_Drink6295', '80% RAM AND 30% CPU USAGE 40% GPU USAGE', 1497, '2023-06-17 01:04', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/', "Kick is legit farming Bitcoin on my computer. Playing CSGO doesn't work my PC this hard lmao?\n\n\n\n$3000 PC btw.", 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/', '14bao6d', [['u/lczy23', 225, '2023-06-17 01:06', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joeq7ta/', 'yeah same i aint watching that shit lol', '14bao6d'], ['u/PM-ME-QUALITY-ECCHI', 522, '2023-06-17 01:07', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joeq9hm/', 'yep. insane PC here too, shit is using 20GB of my 64gb of ram. actual btc miner', '14bao6d'], ['u/Background_Drink6295', 50, '2023-06-17 01:09', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joeqhe1/', 'I was also charged twice for my sub', '14bao6d'], ['u/Krait_0601', 18, '2023-06-17 01:13', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joer19t/', '![img](emote\|t5_flhe9\|7339)', '14bao6d'], ['u/JustSideClimb', 62, '2023-06-17 01:17', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joerehh/', 'Lol just checked. 84% Ram ![img](emote\|t5_flhe9\|7337)', '14bao6d'], ['u/Alceaus', 35, '2023-06-17 01:17', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joerh64/', "Stream won't even load for me.", '14bao6d'], ['u/SemenWhal3', 10, '2023-06-17 01:17', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joerhax/', '![img](emote\|t5_flhe9\|7339)', '14bao6d'], ['u/Karahx', 14, '2023-06-17 01:28', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joess4v/', 'I always play games while I have him on in the background, I only watch like 30-60 minutes of each stream actively having the stream up. My game(Killing Floor 2) crashed 3 times having the stream on lol.', '14bao6d'], ['u/quote_if_hasan_threw', 359, '2023-06-17 01:30', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joesyft/', 'Immagine having infinite gamba money to develop an actual decent site and fail catastrophically ![img](emote\|t5_flhe9\|7339)![img](emote\|t5_flhe9\|7339)![img](emote\|t5_flhe9\|7339)', '14bao6d'], ['u/stressedfellar', 109, '2023-06-17 01:30', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joet0eq/', 'lmao I just checked 80% ram, 30% CPU, 20% GPU, +50 million for my juicer though', '14bao6d'], ['u/xJTxD0notPaN1C', 436, '2023-06-17 01:30', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joet1xu/', 'dumbass paying a millionaire', '14bao6d'], ['u/stressedfellar', 105, '2023-06-17 01:31', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joet2k3/', "actually he's with new gold digger now, make that +25 million", '14bao6d'], ['u/PM-ME-QUALITY-ECCHI', 162, '2023-06-17 01:34', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joethhx/', 'they cant even copy paste a website correctly, actually embarrassing', '14bao6d'], ['u/Jgfranco88PkmnGo', 19, '2023-06-17 01:36', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joetqw9/', 'He better cash in that 100 mil check quick!', '14bao6d'], ['u/sataprosenttia', 10, '2023-06-17 01:38', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joeu0ii/', 'Gotta get that $100mil back somehow.', '14bao6d'], ['u/_rallen_', 192, '2023-06-17 01:39', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joeu3zo/', 'Fucking idiot why would you sub to someone getting paid 100mil lmaooooo', '14bao6d'], ['u/ponyo_impact', 146, '2023-06-17 01:40', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joeu92s/', 'literally giving money to someone that just signed a $100,000,000 contract\n\nthanks for letting us all know your a brilliant individual.', '14bao6d'], ['u/Josewx', 40, '2023-06-17 01:42', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joeugsc/', 'same, unwatchable, it lags so hard', '14bao6d'], ['u/Illustrious_Risk3732', 23, '2023-06-17 01:44', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joeuq79/', "Your not the only one.\n\nMy PC is good and my shit lags with 7TV on or off if I watch YouTube it's ok and the website even lags trying to watch X.", '14bao6d'], ['u/Illustrious_Risk3732', 76, '2023-06-17 01:47', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joeuzuf/', '![img](emote\|t5_flhe9\|7340)', '14bao6d'], ['u/Affectionate-Dog-903', 216, '2023-06-17 01:48', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joev6tw/', 'Bro I tried to sign up and I can’t even get past terms and conditions. Doesnt allow me to accept them lol', '14bao6d'], ['u/HuntingViper', 24, '2023-06-17 01:55', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joevy9i/', "I can't even create an account on this dogshit site", '14bao6d'], ['u/syjosolidum', 87, '2023-06-17 01:55', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joevysp/', 'Brother the kick app heated up my phone while watching X 💀', '14bao6d'], ['u/ItzNotToby', 55, '2023-06-17 01:55', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joevz23/', 'im watching the kick stream through someone re streaming it on yt', '14bao6d'], ['u/iamahandsoapmain', 40, '2023-06-17 01:56', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joew3oj/', 'Mr 100 million please take my money surely you need it more than me ![img](emote\|t5_flhe9\|7339)![img](emote\|t5_flhe9\|7339)![img](emote\|t5_flhe9\|7339)![img](emote\|t5_flhe9\|7339)![img](emote\|t5_flhe9\|7339)', '14bao6d'], ['u/SemenWhal3', 65, '2023-06-17 01:56', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joew4pe/', 'imagine actually putting your credentials on there ![img](emote\|t5_flhe9\|7340)', '14bao6d'], ['u/Skepticul', 73, '2023-06-17 01:57', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joew7tp/', 'Kinda what happens when you have thousands of people flocking to a site that in the past has barely had 200k people on it at a single time. Site has crashed multiple times before. Probably will take a few days for it to settle down and hopefully fix the issues.', '14bao6d'], ['u/MuxOnReddit', 11, '2023-06-17 01:58', 'https://www.re... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Gryphon adds another experienced premier bitcoin mining CFO LAS VEGAS , June 18, 2023 /PRNewswire-PRWeb/ -- Gryphon Digital Mining, Inc. ("Gryphon," "Gryphon Mining," or the "Company") today announced Sim Salzman as its newly appointed Chief Financial Officer. Sim\'s history includes the CFO role at Marathon Digital Holdings, ("Marathon") which grew its market cap from $500 million to approximately $8 billion within Sim\'s first 12 months. Mr. Salzman brings over 20 years of experience in public and private accounting serving clients in a variety of industries, including bitcoin mining. Sim spent over two years at Marathon where he led the finance function as its Chief Financial Officer and Chief Accounting Officer. Prior to Marathon, Sim held CFO roles for various companies including the Las Vegas Monorail Company. Sim also has extensive experience in senior auditor roles at BDO US and RSM US. Sim holds a BS in Accounting and a BA in Criminal Justice from the University of Maryland . "The public bitcoin mining space is only a few years old and experienced executives who have successfully navigated the companies within it are rare." said Rob Chang , CEO of Gryphon Digital Mining. "With Sim we are delighted to add another experienced CFO from a significant publicly traded bitcoin miner to add to our blue-chip team." Investors can learn more about Gryphon by visiting https://gryphondigitalmining.com/ and following it on Twitter @GryphonMining . About Gryphon Digital Mining Gryphon Digital Mining, Inc. is an innovative venture in the bitcoin space dedicated to helping bring digital assets onto the clean energy grid. With a talented leadership team coming from globally recognized brands, Gryphon is assembling thought leaders to improve digital asset network infrastructure. Its Bitcoin mining operation has a net carbon-negative strategy. More information is available on https://gryphondigitalmining.com/ . Story continues Additional Information and Where to Find It This communication may be deemed to be solicitation material with respect to the proposed transactions between Akerna and Gryphon and between Akerna and MJ Acquisition Co. In connection with the proposed transactions, Akerna has filed relevant materials with the United States Securities and Exchange Commission, or the SEC, including a registration statement on Form S-4 that contains a prospectus and a proxy statement. Akerna will mail the proxy statement/prospectus to the Akerna stockholders, and the securities may not be sold or exchanged until the registration statement becomes effective. Investors and securityholders of Akerna and Gryphon are urged to read these materials because they will contain important information about Akerna, Gryphon and the proposed transactions. This communication is not a substitute for the registration statement, definitive proxy statement/prospectus or any other documents that Akerna may file with the SEC or send to securityholders in connection with the proposed transactions. Investors and security holders may obtain free copies of the documents filed with the SEC on Akerna\'s website at http://www.akerna.com , on the SEC\'s website at http://www.sec.gov or by directing a request to Akerna\'s Investor Relations at (516) 419-9915. This communication is not a proxy statement or a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed transactions, and shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended. Participants in the Solicitation Each of Akerna, Gryphon, MJ Acquisition Co. and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the stockholders of Akerna in connection with the proposed transactions. Information about the executive officers and directors of Akerna is set forth in Akerna\'s Definitive Proxy Statement on Schedule 14A relating to the 2022 Annual Meeting of Stockholders, filed with the SEC on April 19, 2022 . Other information regarding the interests of such individuals, who may be deemed to be participants in the solicitation of proxies for the stockholders of Akerna, is set forth in the proxy statement/prospectus included in Akerna\'s registration statement on Form S-4. You may obtain free copies of these documents as described above. Cautionary Statements Regarding Forward-Looking Statements This press release contains forward-looking statements based upon the current expectations of Gryphon and Akerna. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, which include, without limitation: (i) the risk that the conditions to the closing of the proposed transactions are not satisfied, including the failure to timely obtain stockholder approval for the transactions, if at all; (ii) uncertainties as to the timing of the consummation of the proposed transactions and the ability of each of Akerna, Gryphon and MJ Acquisition Co. to consummate the proposed merger or asset sale, as applicable; (iii) risks related to Akerna\'s ability to manage its operating expenses and its expenses associated with the proposed transactions pending closing; (iv) risks related to the failure or delay in obtaining required approvals from any governmental or quasi-governmental entity necessary to consummate the proposed transactions; (v) the risk that as a result of adjustments to the exchange ratio, Akerna stockholders and Gryphon stockholders could own more or less of the combined company than is currently anticipated; (vi) risks related to the market price of Akerna\'s common stock relative to the exchange ratio; (vii) unexpected costs, charges or expenses resulting from either or both of the proposed transactions; (viii) potential adverse reactions or changes to business relationships resulting from the announcement or completion of the proposed transactions; (ix) risks related to the inability of the combined company to obtain sufficient additional capital to continue to advance its business plan; and (x) risks associated with the possible failure to realize certain anticipated benefits of the proposed transactions, including with respect to future financial and operating results. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties. These and other risks and uncertainties are more fully described in periodic filings with the SEC, including the factors described in the section titled "Risk Factors" in Akerna\'s Annual Report on Form 10-K for the year ended December 31, 2022 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2023 , each filed with the SEC, and in other filings that Akerna makes and will make with the SEC in connection with the proposed transactions, including the proxy statement/prospectus described under "Additional Information and Where to Find It." You should not place undue reliance on these forward-looking statements, which are made only as of the date hereof or as of the dates indicated in the forward-looking statements. Except as required by law, Akerna and Gryphon expressly disclaim any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based. Media Contact Rob Chang , Gryphon Digital Mining, (877) 646-3374, [email protected] SOURCE Gryphon Digital Mining', 'Gryphon adds another experienced premier bitcoin mining CFO LAS VEGAS , June 18, 2023 /PRNewswire-PRWeb/ -- Gryphon Digital Mining, Inc. ("Gryphon," "Gryphon Mining," or the "Company") today announced Sim Salzman as its newly appointed Chief Financial Officer. Sim\'s history includes the CFO role at Marathon Digital Holdings, ("Marathon") which grew its market cap from $500 million to approximately $8 billion within Sim\'s first 12 months. Mr. Salzman brings over 20 years of experience in public and private accounting serving clients in a variety of industries, including bitcoin mining. Sim spent over two years at Marathon where he led the finance function as its Chief Financial Officer and Chief Accounting Officer. Prior to Marathon, Sim held CFO roles for various companies including the Las Vegas Monorail Company. Sim also has extensive experience in senior auditor roles at BDO US and RSM US. Sim holds a BS in Accounting and a BA in Criminal Justice from the University of Maryland . "The public bitcoin mining space is only a few years old and experienced executives who have successfully navigated the companies within it are rare." said Rob Chang , CEO of Gryphon Digital Mining. "With Sim we are delighted to add another experienced CFO from a significant publicly traded bitcoin miner to add to our blue-chip team." Investors can learn more about Gryphon by visiting https://gryphondigitalmining.com/ and following it on Twitter @GryphonMining . About Gryphon Digital Mining Gryphon Digital Mining, Inc. is an innovative venture in the bitcoin space dedicated to helping bring digital assets onto the clean energy grid. With a talented leadership team coming from globally recognized brands, Gryphon is assembling thought leaders to improve digital asset network infrastructure. Its Bitcoin mining operation has a net carbon-negative strategy. More information is 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: 2023-06-18 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $515,258,984,750 - Hash Rate: 392955523.5448409 - Transaction Count: 439868.0 - Unique Addresses: 661930.0 Social & AI Sentiment: - Fear & Greed Index: 0.49 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Good morning. Here’s what’s happening: Prices: Bitcoin is in consolidation mode before an eventual retest of $30,000, says BitBull Capital. Insights: The crypto industry is spending less than other industries on lobbying. That may need to change. Prices CoinDesk Market Index (CMI) 1,179.39 −18.1 ▼ 1.5% Bitcoin (BTC) $26,593 −517.1 ▼ 1.9% Ethereum (ETH) $1,798 −24.0 ▼ 1.3% S&P 500 daily close 4,191.98 −6.1 ▼ 0.1% Gold $1,981 +2.6 ▲ 0.1% Treasury Yield 10 Years 3.69% ▲ 0.0 BTC/ETH prices per CoinDesk Indices ; gold is COMEX spot price. Prices as of about 4 p.m. ET CoinDesk Market Index (CMI) 1,179.39 −18.1 ▼ 1.5% Bitcoin (BTC) $26,593 −517.1 ▼ 1.9% Ethereum (ETH) $1,798 −24.0 ▼ 1.3% S&P 500 daily close 4,191.98 −6.1 ▼ 0.1% Gold $1,981 +2.6 ▲ 0.1% Treasury Yield 10 Years 3.69% ▲ 0.0 BTC/ETH prices per CoinDesk Indices ; gold is COMEX spot price. Prices as of about 4 p.m. ET Good morning Asia, Bitcoin and ether are continuing their downward drift. Bitcoin is opening the Asia trading week down 1.3% to $26,779, while ether is down 0.8% to $1,806. During the last month, bitcoin has primarily been in consolidation mode. Drifting downward ever so slowly, but still maintaining its value, down just 2% over the last 30 days – a much-needed break for investors from the roller-coaster of last year. “Bitcoin has corrected to levels between $27k and $25k. This is where we’d like to see some consolidation before a retest of $30k in the coming days,” Joe DiPasquale, CEO of BitBull Capital, said to CoinDesk in a note. “While the market may not rally in the near term, the price action is following expectations as we witness consolidation during bearish sentiment.” Meanwhile, Tornado Cash’s TORN token has begun to recover after the protocol’s DAO was the victim of vote fraud over the weekend. This attack – which was not an exploit or hack – involved an attacker putting forward a proposal that looked benign on the surface but allowed the attacker access to all governance votes via some hidden malicious code. Story continues In the aftermath, the protocol’s TORN token dropped 40% to $3.59 from $5.76, but is now recovering and up to $4.66. The Tornado Cash community is proposing solutions to revert the unauthorized code changes and considering creating a new contract with airdropped tokens for existing holders. Asset Ticker Returns DACS Sector Gala GALA −6.0% Entertainment Terra LUNA −4.5% Smart Contract Platform Solana SOL −4.3% Smart Contract Platform Insights The Crypto Industry's Lobbying Deficit A recent report from Washington, D.C.-based political watchdog Open Secrets shows that first-quarter federal lobbying has topped $1 billion for the second consecutive year. Some expected industries lead the rankings in lobbying spend: healthcare, finance, real estate and energy. Overall in 2022, industries and activist groups of all shapes and sizes spent $4.1 billion on federal lobbying efforts. As for crypto? Despite increasing regulatory hostility from D.C, crypto’s actual lobbying spend came in at $21.6 million for the year, according to Open Secrets data. Certainly, this is an increase from years prior, but as an industry with a market cap of just over $1 trillion, it wouldn’t even crack the top-20 list for lobbying spend. In comparison, big pharma spent $375.2 million in 2022. The automotive industry spent $82 million, and commercial banks paid $64.6 million to lobbyists that year. The industry's political contributions to election campaigns grew tenfold from 2020 to 2022, totaling $2.3 million in the latter, Open Secrets recently reported . Major contributors included Coinbase, which alone spent $3.4 million on lobbying. Open Secrets’ data shows that lobbying by crypto majors is up during the first quarter of the year. Tether has spent $270,000 lobbying in the first quarter of 2023, which doesn’t sound like much, but is a huge jump over its first quarter 2022 spend of $100,000. Tether's jump in lobbying spend during the first quarter of the year (OpenSecrets) The Blockchain Association is up as well , to $490,000 spent this quarter compared to $460,000 for the same time last year. Stablecoin issuer Paxos also saw a huge jump , with its lobbying spend rising from $50,000 in Q1 2022 to $80,000 this past quarter. Of course, this is all dwarfed by TradFi lobbying spending. The American Bankers Association spent $2 million during this past quarter , while Citigroup spent $1.4 million. Sadly, successful businesses need to lobby to become more successful. That’s just the nature of modern politics. And it looks like crypto must do more of it. Important events. Bitcoin Pizza Day The Future of U.K. Crypto Regulation 9:15 a.m. HKT/SGT(1:15 a.m. UTC): People's Bank of China interest rate decision CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Ripple Exec Discusses CBDC Platform Rollout; Axie Infinity Game Debuts on Apple App Store in Key Markets Ripple is starting a central bank digital currency (CBDC) platform which allows central banks, governments, and financial institutions to issue their own digital currency. Ripple Vice President of Central Bank Engagements and CBDCs James Wallis joined "First Mover" to discuss. Plus, Sky Mavis, which is behind NFT project Axie Infinity, is launching its Axie Infinity: Origins card game on the Apple App Store in key markets where the game is most popular. Sky Mavis co-founder Jeffrey 'Jihoz' Zirlin shared his insights. Bitwise Asset Management President Teddy Fusaro and Southern Methodist University Dedman School of Law assistant professor Carla Reyes also joined the conversation. Headlines Bitcoin Payments App Strike Expands to More Than 65 Countries From Three: Strike, led by Jack Mallers, currently operates in the U.S. and El Salvador. Now it's pushing into new markets in Africa, Latin America, Eastern Europe, Asia and the Caribbean – from Antigua and Barbuda to Vanuatu and Zambia. Sotheby's Auctions Part of 3AC's Rare NFT Collection, Bringing In $2.4 Million: The highest-priced NFTs from Part 1 of the Grails collection are Fidenza #725 and Autoglyph #187. Demand for Tokenized Treasury Bonds Soars as Crypto Investors Chase TradFi Yield: The combined market capitalization of tokenized money market funds is nearing $500 million as high yields in traditional markets attract crypto capital. U.S. Sanctions Watchdog Alleges Russia-Linked Crypto Wallet Processed $5M: An Irish national helped wealthy Russians evade sanctions and hide money in UAE, OFAC said Friday. Ledger’s Hard Lesson: Being Right Isn't Good Enough: Public communication doesn’t work like computer code. The French hardware wallet maker learned that the hard way.... - Reddit Posts (Sample): [['u/RuneW007', 'How and when did you first hear about Bitcoin?', 31, '2023-06-18 00:18', 'https://www.reddit.com/r/CryptoCurrency/comments/14c3hgk/how_and_when_did_you_first_hear_about_bitcoin/', 'My very first time hearing about Bitcoin was late 2016 when Btc was around 700$ a coin. I was watching a Youtube video about some guy purchasing stuff on the dark web, like Iphones and hacked streaming accounts. The guy was spending some Bitcoins to test if you could really buy these things on the dark web and if these things really got delivered to your house. If i remember correctly, he got scammed and he never received the Iphone that he bought for around 1 BTC. Looking in hindsight, this was a very expensive Iphone that he never received. \n\nSo I came here to hear about your stories about how and when you first discovered Bitcoin and if you unlike me decided to invest some money in the coin that we now all love. So share your story for us.', 'https://www.reddit.com/r/CryptoCurrency/comments/14c3hgk/how_and_when_did_you_first_hear_about_bitcoin/', '14c3hgk', [['u/Therowerr', 19, '2023-06-18 00:25', 'https://www.reddit.com/r/CryptoCurrency/comments/14c3hgk/how_and_when_did_you_first_hear_about_bitcoin/joiqsj9/', "I hope i can say 2009, the only time that i missed a huge chance to become Jeff Bezos's friend.", '14c3hgk'], ['u/dick_piana', 15, '2023-06-18 00:25', 'https://www.reddit.com/r/CryptoCurrency/comments/14c3hgk/how_and_when_did_you_first_hear_about_bitcoin/joiqu3h/', "On a certain imageboard, it was pretty much as soon as it was created. Didn't understand it and thought it was a scam.", '14c3hgk'], ['u/pure94', 16, '2023-06-18 00:30', 'https://www.reddit.com/r/CryptoCurrency/comments/14c3hgk/how_and_when_did_you_first_hear_about_bitcoin/joirepn/', 'Silkroad was the gateway for myself and my circle of friends', '14c3hgk'], ['u/Mr_Bob_Ferguson', 11, '2023-06-18 00:36', 'https://www.reddit.com/r/CryptoCurrency/comments/14c3hgk/how_and_when_did_you_first_hear_about_bitcoin/jois569/', ">Didn't understand it and thought it was a scam.\n\nThat describes most of the world's population as of 18 June 2023.", '14c3hgk'], ['u/rootpl', 12, '2023-06-18 00:56', 'https://www.reddit.com/r/CryptoCurrency/comments/14c3hgk/how_and_when_did_you_first_hear_about_bitcoin/joiugzz/', 'I heard about it around 2010 and my then very nerdy (in a bad way) friend talked about it like it was a second coming of Christ and I thought "that\'s just dumb" if it wasn\'t him explaining it to me I\'d probably invest... just a wrong person in a wrong time. Feels bad man...', '14c3hgk'], ['u/chadman350', 13, '2023-06-18 01:06', 'https://www.reddit.com/r/CryptoCurrency/comments/14c3hgk/how_and_when_did_you_first_hear_about_bitcoin/joivq0p/', 'Bought some to use on Silk Road at $12. Sold the rest to a friend at $84 and thought I was a genius', '14c3hgk']]], ['u/BTC_Commons', 'Where Bitcoin truly is “The people’s money:” A reflection on my time in El Salvador', 142, '2023-06-18 04:33', 'https://www.reddit.com/r/Bitcoin/comments/14c8swl/where_bitcoin_truly_is_the_peoples_money_a/', '[Read on Substack](https://bitcoincommons.substack.com/p/where-bitcoin-truly-is-the-peoples), [Read on Habla](https://habla.news/a/naddr1qqxnzd3cxuerjwpsxqmrwv3eqyf8wumn8ghj7ur4wfcxcetsv9njuetnqyxhwumn8ghj7mn0wvhxcmmvqy08wumn8ghj7mn0wd68yttjv4kxz7fwdehkkmm5v9ex7tnrdakszynhwden5te0danxvcmgv95kutnsw43qz9rhwden5te0wfjkccte9ejxzmt4wvhxjmcpzpmhxue69uhkummnw3ezuamfdejsygrz53gqfu8eltydhue5ez3gvah7f7xlxxpwlhymsch08wdm9lmcc5psgqqqw4rsx7794u)\n\nMore than two years after El Salvador burst onto the international stage by making Bitcoin legal tender, I was finally able to pay a visit to this almost mythic land, and it did not disappoint. From San Salvador to Santa Ana to El Zonte, everywhere you could see the national project changing the physical landscape, and sense the palpable excitement and connection of the people to the vibrant pulse of a nation truly reborn. ‘Don’t trust, verify,’ we bitcoiners like to say. To my very own surprise, the facts on the ground not only lived up to the hype, they exceeded it.\n\n1. Pupusas and Pilsener\n\nTraveling on a tight schedule, our only night in San Salvador seemed like a lost cause due to the 6-hour delay of our flight from Honduras. With the sun getting quite low on the horizon by the time we landed, our expectations to behold the cathedral and public square of the Centro Historico in their full glory were mostly dashed. Thankfully, we went anyways.\n\nAfter strolling around late into the night, and working up quite the appetite, Google Maps indicated that “San Jose” was the only pupuseria still open nearby. The place was very unassuming, a ‘hole in the wall’ type of establishment. Workers finishing their long day shifted in and out, getting a quick bite before going home for the night.\n\n[Pupuseria San Jose](https://preview.redd.it/kxtilfe9uo6b1.jpg?width=4032&format=pjpg&auto=webp&v=enabled&s=49afe3dd7002bf3a3f2ec2f1ef4f9199d5a38a1c)\n\nInside, neon lights bounced off the bright orange cement walls, and in the front, next to the grill where a young woman churned out pupusas by the dozen, a big purple Chivo sign read “Se aceptan pagos con Bitcoin.” I am not one to believe in omens, but when the universe gifts you purple and orange at the people’s pupuseria of choice, the classy thing to do is to acknowledge, and enjoy.\n\nAfter getting our order, we made our way to the long wooden benches that lined the walls on each side, and sat among the jars of pickled cabbage decorating the rows of cheap plastic tables. As we wolfed down the pupusas and drank our Pilsener beers, a voice beamed down from the TV hanging by the ceiling menu: “He arrived at the presidency in debt, with his investments in the gutter, and this person left the presidency as a millionaire...”\n\n[Wall Menu](https://preview.redd.it/j8q1nncbuo6b1.jpg?width=3972&format=pjpg&auto=webp&v=enabled&s=3383215e8d6334b8bf56dd1a0d641069e5a760a5)\n\nIt was Attorney General Rodolfo Antonio Delgado Montes, [talking to the press](https://www.youtube.com/live/XU70xL2UeNg?feature=share) after [confiscating the properties](https://larepublica.pe/mundo/2023/06/02/el-salvador-alfredo-cristiani-nayib-bukele-anuncia-la-intervencion-de-las-propiedades-del-expresidente-cristiani-felix-cristiani-caso-gabela-98922) of [Alfredo Cristiani](https://en.wikipedia.org/wiki/Alfredo_Cristiani), former president and surrogate for Monsanto in Central America. Far from being another sanitized news segment, the AG spoke candidly and at length, seemingly without a script, while everyone in the pupuseria listened intently; even the workers turned to watch or glanced at it as they multi tasked. ‘For once, justice is served,’ the atmosphere whispered atop the sizzling of the grill.\n\nSoon, with a full belly and some alcohol in our blood, the moment of truth approached. Would they truly accept Bitcoin? Sure enough, Juan flashed a big grin when I asked, whipped out his Chivo wallet, and produced a QR code for me to scan. To my surprise, it was an on-chain nested Segwit address that began with a 3. Not discouraged, I asked for a lightning invoice, which confused Juan. It turns out, nobody had explained to him the difference, and he did not know if Chivo even had Lightning. A few taps later, however, it all worked out and I zapped him $6.05 from my Phoenix wallet.\n\n2. Like asking for a doggie bag at a Michelin restaurant\n\nEven though bitcoiners love to refer to Satoshi’s beloved invention as ‘the people’s money,’ the reality is that in most of the industrialized nations, Bitcoin has gained more footing as an investment vehicle than as something that captures the hopes and dreams of the poor and the financially marginalized. And though we are working hard to change that, and change it shall in due time, at the moment Bitcoin is mostly associated with the financial markets, tech investment proposals, venture funds and the sort.\n\nFor example, while Jack Mallers is constantly asked to speak on Bloomberg news, indicating the business community is developing a nuanced and sophisticated understanding of the issue, popular lefty outlets like DemocracyNow continue to stick to skewed and misinformed establishment narratives about Bitcoin. Nor is the media coverage the only sign of Bitcoin’s lack of purchase among the most disadvantaged. Each year, to join the biggest celebration and gathering of bitcoiners, the cheapest tickets will set you back hundreds of dollars, not including the cost of lodging and transportation. This is not a value judgment, just the reality on the ground.\n\nIn El Salvador, the equation seemed to be reversed.\n\nOur experience in the pupuseria replicated itself dozens of times during our stay in the country. From taxi drivers to stand vendors, we were able to successfully pay with Lightning quite consistently, about half of the time. But most curiously, adoption had the least penetration the more affluent the environment became.\n\nTake the example of our accommodations: we stayed at Hotel Armonia in San Salvador, and Captain Morgan Hostel by Lake Coatepeque. Both charged around $60 per night, and both accepted Lightning. In fact, I had some great banter about Bitcoin adoption with the staff at Hotel Armonia, and left a chalk note for posterity with the price of Bitcoin at Captain Morgan.\n\n[Captain Morgan Chalk Board](https://preview.redd.it/tmy0ga8euo6b1.jpg?width=3024&format=pjpg&auto=webp&v=enabled&s=58b2bc715c7ca417b52ffe08e8c24c0a433a49ee)\n\nHowever, Hotel Equinoccio, by far the most expensive place in our list at $150 per night, did not take Bitcoin payments. From a pool by the volcano lake, to private jet skies, to a perfectly manicured lawn to sunbathe in and a menu with exotic ‘detox’ drinks, this place had it all. Except Bitcoin payments. In fact, when I asked Fernando, he gave me a strained, hard to decipher look. It was not confusion, for he most decidedly knew what Bitcoin ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 on Monday morning in Asia after reclaiming the US$26,000 support level over the weekend. Ether also fell back, but held above US$1,700. \xa0XRP, Dogecoin and Litecoin were the only gainers among the top 10 non-stablecoin cryptocurrencies, while Tron’s TRX led the losers. The U.S.-based crypto exchange Bakkt reportedly joined other trading platforms in delisting Polygon, Solana and Cardano after the U.S. regulator this month labelled them illegally issued financial securities. U.S. equity markets are closed Monday for a public holiday, but they could gain in the week ahead aseconomic dataon Friday pointed to slowing inflation, while the first visit to China in almost five years by a top U.S.diplomatcould be a positive for capital markets.\nBitcoin fell 0.97% over the last 24 hours to US$26,308 at 07:00 a.m. in Hong Kong, but held onto a weekly gain of 1.58%, according todatafrom CoinMarketCap.\nThe world’s largest cryptocurrency breached the US$26,000 level on Saturday to reach a seven-day high of US$26,769. The token had slumped to three-month lows at the end of last week.\nEther edged down 0.82% to US$1,716, logging a weekly loss of 2.18%.\nWith the exception of XRP, other top 10 non-stablecoin cryptocurrencies traded lower in the past 24 hours. Polygon’s Matic led the losers, slumping 3.22% to US$0.5971 and down 5.88% over the past seven days.\nNew York-based crypto exchange Bakkt has suspended trading of Polygon, Solana and Cardano tokens and plans to delist them, according toFortuneon Friday. Trading platforms such as Robinhood and eToro have also decided todelistmultiple cryptocurrencies after the U.S. Securities and Exchange Commission (SEC) filed lawsuits this month against Coinbase and Binance.US and named a long list of cryptocurrencies as securities that were issued and sold without SEC approval.\n“Bitcoin and other cryptocurrencies were affected by increasingly changing sentiment toward crypto as traders could limit their risk-taking in the crypto market due to limited upside catalysts and particularly considering the legal risks in the US,” said Wael Makarem, senior market strategist at trading platformExness Group, in emailed comments.\n“The legal actions could scare away some investors from the market but could be relatively positive for Bitcoin’s dominance against other cryptocurrencies. In this regard, Bitcoin has also been gaining ground against Ethereum,” said Makarem.\nThe Bitcoin balance on crypto exchanges reached a three-month low of 2,281,978.198 tokens on Sunday, according to blockchain data trackerGlassnode, which reduced some selling pressure as investors normally move tokens to exchanges when they plan to sell.\nXRP logged gains for the past 24 hours, rising 1.01% to US$0.4859, but losing 6.34% for the week.\nFinTech firm Ripple Labs, whose crypto payment platform is powered by XRP, announced on Friday apartnershipwith Columbia’s central bank to explore the use of blockchain technologies in the country’s digital payment system.\nLast Friday, MakerDAO’s stablecoin Dai replaced Binance USD (BUSD) as the third largest stablecoin by market cap. BUSD has seen its market cap falling over 10% in the past seven days, after the SEC issuedcharges against Binanceon June 5, according to data fromCoinGecko.\nThe total cryptocurrency market cap dipped 0.53% to US$1.07 trillion in the last 24 hours, while crypto trading volume fell 18.47% to US$19.69 billion, according to CoinMarketCap data.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the non-fungible token (NFT) market, theForkast 500 NFT indexdipped 0.16% to 2,878.56 in the 24 hours to 09:30 a.m. in Hong Kong. The index is down 4.80% for the seven days.\nNFT sales on Ethereum fell 20.61% in the past 24 hours to US$11.06 million, according toCryptoSlamdata. Sales on the Bitcoin blockchain slid 44.71% to US$882,550.\n“Sales across Ethereum and Bitcoin continue to lose steam, and it’s hard to say when this could turn around due to uncertainty with regulations and legal matters up in the air,”saidYehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News.\nDespite the decline, Sotheby’s NFT auction sawRingers #879, an Ethereum-based NFT created by Canadian artist Dmitri Cherniak, sell for US$6.2 million on Friday, the second highest sale of a piece of generative art, or created using autonomous systems.\n“Sotheby’s auction concluded and saw $10.9m in sales, over half of which was from the Ringers grail,” said Petscher, “It’s worth noting that the supposed buyer already a major NFT trader, so this auction didn’t seem to draw attention from the traditional art world. Is it bullish still for NFT art? Yes, but there’s still always concern that the NFT ecosystem is largely an echochamber.”\nElsewhere, the U.S. sportswear giant Nike released ateaseron Saturday which appears to be an NFT collaboration with online video game Fortnite, which will be unveiled on June 20. .SWOOSH, Nike’s Web 3.0 platform that issues NFT sneakers, also announced apartnershipwith sports video game publisher EA Sports earlier this month.\n“A new innovation has reached Ethereum calledethscriptions, inspired by inscriptions on Bitcoin. This new process allows you to inscribe tiny images (under 96kb) on mostly any Ethereum transaction, thus allowing cheap on-chain image storage,” said Petscher.\n“The innovation here is the ease of storing an image on-chain, which is typically avoided in standard contract storage due to the high cost. In just a few days nearly 200ETH of secondary volume has been transacted, most from a sold out 10k collection of Ethereum Punks.”\nU.S. stock futures traded mixed as of 11:30 a.m. in Hong Kong. Dow Jones Industrial Average futures dipped 0.10%, the S&P 500 inched up 0.01%, while Nasdaq futures added 0.16%. The U.S. stock market is closed Monday for a public holiday and will open on Tuesday.\nThe three major U.S. stock indexes all closed lower on Friday but logged gains for the week, as investors sorted through mixed signals from economic data and comments from Federal Reserve officials on Friday.\nAsurveyby the University of Michigan on Friday showed consumers expect annual inflation of 3.3% over the next year, the lowest since March 2021, but still above the Federal Reserve’s goal of annual inflation below 2%.\nFederal Reserve GovernorChristopher Wallerand Richmond Federal Reserve Bank PresidentThomas Barkinsaid on Friday that more interest rate hikes might be required to fight inflation.\n“We’re seeing policy rates having some effects on parts of the economy. The labor market is still strong, but core-kind of inflation is just not moving and that’s going to require probably some more tightening to try to get that going down,” said Waller in his Friday speech.\nThe Federal Reserve will meet on July 26 to make its next move on interest rates, which are now between 5 and 5.25%, the highest since 2006. TheCME FedWatch Toolpredicts a 28.1% chance the Fed will keep rates unchanged in July, and a 71.9% chance for another 25-basis-point rate hike.\nMeanwhile in China, analysts expect the country’s central bank to make a 10 basis-point cut to its one-year and five-year loan prime rates on Tuesday, lowering the rates to 3.55% and 4.20% as the country struggles with a slow post-Covid recovery, according toReuterson Monday.\n(Updates with equities section.)', 'Bitcoin dipped on Monday morning in Asia after reclaiming the US$26,000 support level over the weekend. Ether also fell back, but held above US$1,700. \xa0XRP, Dogecoin and Litecoin were the only gainers among the top 10 non-stablecoin cryptocurrencies, while Tron\x92s TRX led the losers. The U.S.-based crypto exchange Bakkt reportedly joined other trading platforms in delisting Polygon, Solana and Cardano after the U.S. regulator this month labelled them illegally issued financial securities. U.S. equity markets are closed Monday for a public holiday, but they could gain in the week ahead as economic data on Friday pointed to slowing inflation, while the first visit to China in almost five years by a top U.S. diplomat could be a positive for capital markets. Bitcoin, Ether dip; XRP rises Bitcoin fell 0.97% over the last 24 hours to US$26,308 at 07:00 a.m. in Hong Kong, but held onto a weekly gain of 1.58%, according to data from CoinMarketCap. The world\x92s largest cryptocurrency breached the US$26,000 level on Saturday to reach a seven-day high of US$26,769. The token had slumped to three-month lows at the end of last week. Ether edged down 0.82% to US$1,716, logging a weekly loss of 2.18%. With the exception of XRP, other top 10 non-stablecoin cryptocurrencies traded lower in the past 24 hours. Polygon\x92s Matic led the losers, slumping 3.22% to US$0.5971 and down 5.88% over the past seven days. New York-based crypto exchange Bakkt has suspended trading of Polygon, Solana and Cardano tokens and plans to delist them, according to Fortune on Friday. Trading platforms such as Robinhood and eToro have also decided to delist multiple cryptocurrencies after the U.S. Securities and Exchange Commission (SEC) filed lawsuits this month against Coinbase and Binance.US and named a long list of cryptocurrencies as securities that were issued and sold without SEC approval. \x93Bitcoin and other cryptocurrencies were affected by increasingly changing sentiment toward crypto as traders could limit their risk-taking in the crypto market due to limited upside catalysts and particularly considering the legal risks in the US,\x94 said Wael Makarem, senior market strategist at trading platform Exness Group , in emailed comments. Story continues \x93The legal actions could scare away some investors from the market but could be relatively positive for Bitcoin\x92s dominance against other cryptocurrencies. In this regard, Bitcoin has also been gaining Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-19 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $513,280,369,519 - Hash Rate: 369534333.3997841 - Transaction Count: 415604.0 - Unique Addresses: 614017.0 Social & AI Sentiment: - Fear & Greed Index: 0.47 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: By Jody Godoy June 7 (Reuters) - Determining whether digital tokens are securities will be central to the high-stakes case brought by U.S. regulators alleging crypto platform Coinbase violated the law by failing to register as a securities exchange, broker and clearing agency. WHAT IS THE SEC ALLEGING? The Securities and Exchange Commission (SEC) sued Coinbase on Tuesday in Manhattan federal court and accused the largest U.S. cryptocurrency platform of operating illegally by evading disclosure requirements. The SEC said Coinbase allowed users to trade at least 13 crypto assets that should have been registered as securities, including tokens such as Solana, Cardano and Polygon. The regulator is seeking financial penalties and wants a judge to order Coinbase to follow U.S. securities law. The SEC has brought more than a hundred enforcement actions in the past decade claiming various cryptocurrencies are securities, but the Coinbase case will be the biggest test yet of the regulator's jurisdiction over the industry. The regulator this week also sued Binance, claiming the world's largest crypto exchange engaged in "an elaborate scheme to evade U.S. federal securities laws." Coinbase has denied listing any securities. Binance has called the case disappointing and said it plans to defend against the claims. Coinbase and other industry players have been adamant that cryptocurrencies - which operate on a database shared across a network of computers, known as a blockchain - do not fit the definition of securities under U.S. law. WHAT IS A 'SECURITY' UNDER U.S. LAW? To argue that crypto assets are securities, the SEC has relied on a U.S. Supreme Court case from 1946. The case dealt with investors in Florida orange groves owned by the W. J. Howey Co. The court ruled that "an investment of money in a common enterprise with profits to come solely from the efforts of others," is a kind of security called an investment contract. The SEC had jurisdiction to seek to prevent Howey from selling to out-of-state investors fractional land interests with a contract to provide profit from the harvest, the court said. Securities, as opposed to other assets such as commodities, are strictly regulated and require detailed disclosures to inform investors of potential risks. WHAT MAKES A CRYPTO ASSET A SECURITY? Many of the SEC's crypto-related cases have ended in settlements, with companies paying fines and agreeing to follow U.S. law. In some cases, this has meant exiting the U.S. market or closing a cryptocurrency project. In the few cases that have been decided in court, judges have agreed with the SEC that specific crypto assets are securities. Those rulings said developers' statements tying the value of their digital assets to efforts to grow or maintain the associated blockchain systems showed that investor profits depended on the "efforts of others." Courts have also decided that investors in those assets participated in a "common enterprise" because the funds they spent were pooled by the token issuer and used to develop relevant systems. The SEC's case against Ripple Labs over XRP, currently the world's six-largest cryptocurrency, is likely to be the next case decided. Ripple has said there was no common enterprise, since the blockchain associated with the cryptocurrency was fully operational before XRP was ever sold. WHAT ABOUT BITCOIN? Bitcoin is not considered a security because its anonymous and open-source origins mean investor profits are not dependent on the efforts of developers or managers, said Carol Goforth, a law professor at the University of Arkansas. Some blockchain projects have tried to fund their operations in two stages, by offering securities under SEC regulations and later giving or selling those investors cryptocurrency after building a functional blockchain. Goforth said the developers hoped that approach would remove the "comment enterprise" element but she added the SEC has never clarified what it would take to convert a security to a non-security. HOW WILL THE COINBASE CASE UNFOLD? Coinbase CEO Brian Armstrong said on Twitter after the lawsuit was filed that the company is "proud to represent the industry in court to finally get some clarity around crypto rules." But a ruling on the central issue could take years. The Ripple case, which involves only one cryptocurrency, has taken two-and-a-half years to reach the point where a ruling is possible. The SEC has alleged in the Coinbase case that 13 different digital assets sold on the platform are securities. (Reporting by Jody Godoy in New York Editing by Nick Zieminski)... - 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: BTC was trading at $26.8K, but Oanda Senior Market Analyst Craig Erlam is skeptical that bitcoin\'s price will rise significantly in the months ahead amid uncertain industry and economic news. Insights: A number of crypto exchanges feature market makers. Do they create conflicts of interest? An FT story looks at Crypto.com\'s market maker. Prices CoinDesk Market Index (CMI) 1,120 +12.6 ▲ 1.1% Bitcoin (BTC) $26,816 +440.3 ▲ 1.7% Ethereum (ETH) $1,736 +11.5 ▲ 0.7% S&P 500 4,409.59 −16.3 ▼ 0.4% Gold $1,963 +4.8 ▲ 0.2% Nikkei 225 33,370.42 −335.7 ▼ 1.0% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,120 +12.6 ▲ 1.1% Bitcoin (BTC) $26,816 +440.3 ▲ 1.7% Ethereum (ETH) $1,736 +11.5 ▲ 0.7% S&P 500 4,409.59 −16.3 ▼ 0.4% Gold $1,963 +4.8 ▲ 0.2% Nikkei 225 33,370.42 −335.7 ▼ 1.0% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) BlackRock has Buoyed the Market, but Bitcoin \'Looks Vulnerable\' Both bitcoin and ether are beginning the Asia trading day in the green, with the world’s largest digital asset up 1.7% to $26,816 while ether is up 0.7% to $1,736. While the market remains optimistic that BlackRock will be successful with its application for a bitcoin spot exchange-traded fund, Craig Erlam, a Senior Market Analyst with OANDA, said in a note that bitcoin still looks “vulnerable”. “Bitcoin ended last week quite positively after dropping to three-month lows on Wednesday, but it continues to look vulnerable to further declines,” Erlam said. “The two-month trend is not in its favour, and the news flow isn\'t exactly helping the situation either. It\'s had a remarkable year and remains more than 50% higher, so it\'s hardly a dire situation.” Erlam still thinks there’s a bull case for bitcoin, it just hasn’t been realized yet. The recent downturns, he argues, are simply a correction phase within an overall optimistic bull market. Story continues “However, there\'s little evidence indicating any imminent improvement, especially considering the Securities and Exchange Commission\'s intensifying scrutiny of major exchanges,” he concluded. Biggest Gainers Asset Ticker Returns DACS Sector Solana SOL +4.3% Smart Contract Platform Polygon MATIC +3.1% Smart Contract Platform Bitcoin BTC +1.8% Currency Biggest Losers Asset Ticker Returns DACS Sector Chainlink LINK −0.6% Computing Polkadot DOT −0.1% Smart Contract Platform Insights Should Crypto Exchanges Have Market Makers? Crypto.com has joined the club of crypto exchanges that operate an internal market maker, the Financial Times reported Monday . Market makers are entities that use their own capital to facilitate the trade of tokens on exchanges by taking the counter position on a trade, allowing investors to rapidly exit positions without a counterparty at the other end. If exchanges didn’t have market makers, their liquidity would be considerably thinner on all but the largest tokens. “We have an internal market maker that operates on the Crypto.com exchange, and that internal market maker is treated exactly the same as third-party market makers that identically facilitate tight spreads and efficient markets on our platform,” the company told the FT. “This is not a controversial practice.” In the world of Decentralized Finance (DeFi), automated market makers are what allow platforms like Uniswap to exist. By their nature, most crypto exchanges operate internal market makers. Famously, Binance has Sigma Chain and Merit Peak ,which have been in the news recently. Disgraced FTX, had Alameda. Coinbase denies that it runs one. Participants on the platform, including market makers, are treated equally,” Crypto.com also told the FT. “[The exchange] does not rely on proprietary trading as a source of revenue”. Without having an internal market maker, it simply wouldn’t be profitable – or even perhaps possible – to list smaller cap tokens and expect a market to form around them. There just won’t be enough activity to quickly match buyers and sellers, making the bid depth unappealing to traders. Some exchanges instead choose to allow external market makers to operate on their platform. Bullish, for instance, uses B2C2, as an example . Operating internal market makers raises lots of possibilities for allegations of conflict of interest. Alameda was an investor in many of the tokens it traded as a market maker. Allegations that Sigma Chain or Merit Peak manipulates markets have yet to be proven in court. Of course, this isn’t a great look for the industry. But it’s just how it works. So many r etail equity trades operate in the same way – it\'s just how the industry works. DeFi’s automated market makers perhaps are a better option, as they are algorithmic and open source, but even these can be accused of bias. If Crypto.com really lied to outside parties, as the FT claims, about its market-making operations, then that’s a story. But as it stands, and as it said in its rebuttals to the FT’s questions, it’s just doing what everyone else does. Poor optics, yes, but welcome to crypto. Important events. 9:15 a.m. HKT/SGT(1:15 a.m. UTC): The People\'s Bank of China interest rate decision 9:35 a.m. HKT/SGT(1:35 a.m. UTC): Speech by Reserve Bank of Australia Assistant Governor Christopher Kent 8:30 p.m. H1HKT/SGT(12:30 p.m. UTC): U.S. Housing Starts (May) CoinDesk TV In case you missed it, here is the most recent episode of "The Hash" on CoinDesk TV : Abra Insolvent for Months: Regulators; Tether’s Banking Relationships Detailed in Legal Documents "The Hash" hosts unpack today\'s top stories: Binance\'s French unit undergoes investigation by local authorities for the "illegal" provision of digital asset services and "acts of aggravated money laundering". The exchange is also leaving the Netherlands after failing to acquire a license from the Dutch regulator. Separately, crypto lender Abra has been insolvent since at least March 31, 2023, state securities regulators alleged on Thursday. Plus, new documents obtained by CoinDesk under a Freedom of Information Law request, offer a rare but limited window into the reserves behind USDT. And, the latest on former President Donald Trump\'s NFT project. Headlines Do Kwon Sentenced to 4 Months Jail in Montenegro Document Forgery Case: The court has also ordered the confiscation of two Costa Rican passports, two Belgian passports and two identity cards belonging to Kwon and Terra executive Han Chang-Joon. Hinman Documents Release in SEC-Ripple Case Is a Boost to Ether: JPMorgan: The documents are likely to intensify the move among major cryptocurrencies to become more decentralized and look more like ether, the report said. Ethereum Developers Propose Raising Validator Limit to 2,048 Ether From 32 Ether: Low validator limits have led to waiting times of over one month, as of Monday. Meme Coin BOB Tanks 45% After Elon Musk Calls its Twitter Bot Account a \'Scam\': Musk had previously engaged with the Bob token bot several times, aiding a value rise. UK Crypto, Stablecoin Laws Approved by Parliament\'s Upper House: The Financial Services and Markets Bill stands to recognize crypto as a regulated activity and stablecoins as a means of payment under existing laws.', 'Good morning. Here’s what’s happening:\nPrices:BTC was trading at $26.8K, but Oanda Senior Market Analyst Craig Erlam is skeptical that bitcoin\'s price will rise significantly in the months ahead amid uncertain industry and economic news.\nInsights:A number of crypto exchanges feature market makers. Do they create conflicts of interest? An FT story looks at Crypto.com\'s market maker.\nCoinDesk Market Index (CMI)\n1,120\n+12.6▲1.1%\nBitcoin (BTC)\n$26,816\n+440.3▲1.7%\nEthereum (ETH)\n$1,736\n+11.5▲0.7%\nS&P 500\n4,409.59\n−16.3▼0.4%\nGold\n$1,963\n+4.8▲0.2%\nNikkei 225\n33,370.42\n−335.7▼1.0%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,120", "+12.6\\u25b21.1%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$26,816", "+440.3\\u25b21.7%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,736", "+11.5\\u25b20.7%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,409.59", "\\u221216.3\\u25bc0.4%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,963", "+4.8\\u25b20.2%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["33,370.42", "\\u2212335.7\\u25bc1.0%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nBlackRock has Buoyed the Market, but Bitcoin \'Looks Vulnerable\'\nBoth bitcoin and ether are beginning the Asia trading day in the green, with the world’s largest digital asset up 1.7% to $26,816 while ether is up 0.7% to $1,736.\nWhile themarket remains optimisticthat BlackRock will be successful with its application for a bitcoin spot exchange-traded fund, Craig Erlam, a Senior Market Analyst with OANDA, said in a note that bitcoin still looks “vulnerable”.\n“Bitcoin ended last week quite positively after dropping to three-month lows on Wednesday, but it continues to look vulnerable to further declines,” Erlam said. “The two-month trend is not in its favour, and the news flow isn\'t exactly helping the situation either. It\'s had a remarkable year and remains more than 50% higher, so it\'s hardly a dire situation.”\nErlam still thinks there’s a bull case for bitcoin, it just hasn’t been realized yet.\nThe recent downturns, he argues, are simply a correction phase within an overall optimistic bull market.\n“However, there\'s little evidence indicating any imminent improvement, especially considering the Securities and Exchange Commission\'s intensifying scrutiny of major exchanges,” he concluded.\n[{"Asset": "Solana", "Ticker": "SOL", "Returns": "+4.3%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Polygon", "Ticker": "MATIC", "Returns": "+3.1%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Bitcoin", "Ticker": "BTC", "Returns": "+1.8%", "DACS Sector": "Currency"}]\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: 2023-06-20 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $520,500,601,125 - Hash Rate: 353920206.636413 - Transaction Count: 447715.0 - Unique Addresses: 746599.0 Social & AI Sentiment: - Fear & Greed Index: 0.49 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: DRIPPING SPRINGS, TX --News Direct-- Code Green Apparel Corp. Code Green Apparel Corp. (OTC: CGAC), a Bitcoin mining company, announces the successful $894,325 purchase of 412 Antminer S19 Pro+ (Bitcoin miners) machines, bringing CGACs total fleet of miners to cumulative 517 miners. The 412 Antminer S19 Pro+ will begin production in two weeks. CGAC used funds in the private sale of a first tranche of secured promissory notes, with a maximum possible funding of $5,000,000. Logan Rice, CGACs CEO, stated, We are thrilled to unveil the initial results of our recently established finance program aimed at expanding our fleet of machines. This initial phase of our funding program aims to raise $5,000,000 in long-term debt. The financing package will include issuing restricted shares for no more than 4.99% of our stock. Mr. Rice continued, The company is dedicated to protecting its treasury and will issue shares sensibly to capitalize on the fleet of machines we plan to build. This move reflects Code Green's commitment to growth and expansion in the industry while maintaining responsible financial practices. CGAC has partnered with ASICMiners.us and Liquid Immersion Worldwide, Inc., wholly owned subsidiaries of Bit Frontier Capital Holdings (OTC: BFCH), to increase production of the Antminer S19 Pro+ by 50%. This arrangement will allow CGAC to overclock these machines in a specially engineered Liquid Immersion tank produced by Liquid Immersion Worldwide, Inc. "The purchase of these Antminer S19 Pro+ machines also represent a strategic move for us, as the Liquid Immersion will allow us to increase our production capabilities significantly, resulting in higher operating efficiency, a better rate of return, and, as we stay true to our commitment to low overhead, a better chance for our shareholders to receive cash dividends, which is out stated objective," added Mr. Rice The Antminer S19 Pro+ is one of the most reliable Bitcoin mining machines available, producing a stock 122 t/h out of the box. With this strategic partnership, CGAC is poised to increase its Bitcoin mining capabilities and profitability significantly. Story continues About CGAC: Code Green Apparel Corp. is a Bitcoin mining company uniquely positioned within the OTC space. CGAC will treat its mined Bitcoin as a traditional commodity, like a gold mining company. CGAC will mine Bitcoin, then sell the mined Bitcoin for cash, and (3) regularly declare and distribute dividends concerning Available Cash (established by our Board of Directors) To our shareholders. CGACs primary business objective is to continually increase its Bitcoin mining capacity and increase cash available for distribution as a dividend to its shareholders. CGAC completa la compra de $894,325 de 412 mineros de Bitcoin, Operaciones mineras en marcha Forward-Looking Statements: This current press release contains forward-looking statements, as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future, including but not limited to any products sold or cash flow from operations. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with distribution and difficulties associated with obtaining financing on acceptable terms. These forward-looking statements are made as of the date of this news release. We assume no obligation to update the forward-looking statements or the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations, or intentions will prove accurate. Investors should consult all of the information set forth herein. They should also refer to our most recent annual report for our last fiscal year, quarterly reports, and other periodic reports filed occasionally with the Securities and Exchange Commission. Contact: Name: Logan William Rice Title Chief Executive Officer Telephone 612-889-2418 Website: https://www.thenewcgac.co Twitter: @thenew_cgac Instagram: @TheNewCGAC Email Address: [email protected] SOURCE: Code Green Apparel Corp. Contact Details Code Green Apparel Corp. [email protected] View source version on newsdirect.com: https://newsdirect.com/news/cgac-completes-894-325-purchase-of-412-bitcoin-miners-mining-operations-underway-576807221... - Reddit Posts (Sample): [['u/kl_Jewbacca', 'Is this some type of scam?', 12, '2023-06-20 00:46', 'https://www.reddit.com/r/ethereum/comments/14dtbi7/is_this_some_type_of_scam/', "So I've been texting this person online... they sent me a code for a wallet with about $90k on it. It's classified as a watch-only wallet on the Trust Wallet app, and it has a transaction history dating back to 2019.\n\nNow they're telling me I can take 30%. They want me to go to a bitcoin machine for a transfer. They said they'll give me a barcode.\n\nHas anyone encountered a scam like this before? It seems way too good to be true...", 'https://www.reddit.com/r/ethereum/comments/14dtbi7/is_this_some_type_of_scam/', '14dtbi7', [['u/Fresh_Asparagus7043', 17, '2023-06-20 01:04', 'https://www.reddit.com/r/ethereum/comments/14dtbi7/is_this_some_type_of_scam/jorjmdy/', 'Yes, common scam', '14dtbi7'], ['u/Lemons81', 13, '2023-06-20 01:26', 'https://www.reddit.com/r/ethereum/comments/14dtbi7/is_this_some_type_of_scam/jormeem/', 'Nigerian prince scam, at some point they’ll ask you money in order to pay for the transaction or to unlock the funds. Usually that is the last step.\n\nOr they’ll ask you for a seed/private key in case you do own a wallet.', '14dtbi7'], ['u/crodbtc', 22, '2023-06-20 01:38', 'https://www.reddit.com/r/ethereum/comments/14dtbi7/is_this_some_type_of_scam/jornvc3/', 'You literally said it right there "it seems too good to be true" \n\nUltimate flag to stay away!', '14dtbi7'], ['u/monkeyhold99', 14, '2023-06-20 02:42', 'https://www.reddit.com/r/ethereum/comments/14dtbi7/is_this_some_type_of_scam/jorvrya/', 'No shit it’s a scam. Lol if you need to ask about this you are in way over your head man', '14dtbi7']]], ['u/capitalzanon', 'Settling Down', 12, '2023-06-20 03:02', 'https://www.reddit.com/r/TJRedLightDistrict/comments/14dwhvj/settling_down/', 'I understand TJ is fun but what’s the game plan for settling down, part of me is kinda tired of just cycling through these HK btches and wondering what’s next', 'https://www.reddit.com/r/TJRedLightDistrict/comments/14dwhvj/settling_down/', '14dwhvj', [['u/dav3c1', 20, '2023-06-20 03:25', 'https://www.reddit.com/r/TJRedLightDistrict/comments/14dwhvj/settling_down/jos0zle/', "Only simps settle down. I'm settling up.", '14dwhvj'], ['u/Extension-World-7041', 17, '2023-06-20 03:31', 'https://www.reddit.com/r/TJRedLightDistrict/comments/14dwhvj/settling_down/jos1nat/', 'Word of advice. Do it before you reach 50 and need to start popping pills...for everything. Not attractive to the opposite sex.', '14dwhvj'], ['u/CesarMagiscar91', 15, '2023-06-20 04:55', 'https://www.reddit.com/r/TJRedLightDistrict/comments/14dwhvj/settling_down/josbd45/', 'I been doing it for like four years and it’s kinda dying out for me. Idk why. If my friends go I’ll tag along and get one or two. But not dying to go like before. I’m 34.', '14dwhvj'], ['u/No_Philosophy2007', 21, '2023-06-20 06:54', 'https://www.reddit.com/r/TJRedLightDistrict/comments/14dwhvj/settling_down/josn9bh/', 'Dawg who is paying for advice from a guy on a subreddit for sharing whore strategies', '14dwhvj'], ['u/glam_girls', 16, '2023-06-20 07:31', 'https://www.reddit.com/r/TJRedLightDistrict/comments/14dwhvj/settling_down/josqdle/', 'Give it up. Once you have easy pussy you can’t settle down. Even when at times I’m so sick of the meaningless sex. I always find myself returning. I have found that having 4 or five regulars that come to my place satisfies my need for companionship. I will never have a family but I’m happy banging 20 year olds also.', '14dwhvj'], ['u/sq314', 13, '2023-06-20 08:10', 'https://www.reddit.com/r/TJRedLightDistrict/comments/14dwhvj/settling_down/jostjsr/', 'Then mongering isnt for you bud. Date a religious/ church girl? I mean there’s a church in between Hk and Adelitas.', '14dwhvj']]], ['u/Acrobatic-Monitor516', "Please do note upvote shameless reposts . And check for poster's karma", 47, '2023-06-20 04:30', 'https://www.reddit.com/r/confusingperspective/comments/14dyfk4/please_do_note_upvote_shameless_reposts_and_check/', "Fucking fed up with the amount of reposts or people who do not understand the purpose of this sub \n\nPlease , for the sake of everyone in this sub, do not upvote a post that either doesn't fit the sub, or is a repost .\n\nUsually these are bots who want to get some sweet karma to further invade other subs and fuck people over with fake bitcoins, tee shirts, and onlyfans. So if the poster has very low karma (and 90%+ of it being posts) , DOWNVOTE that shit , nay report it if you have the patience \n\nThere are also actual people reposting , but that's another issue \n\nThanks ! \n\nBut after all maybe we should just reddit turn even more into garbage .idk.", 'https://www.reddit.com/r/confusingperspective/comments/14dyfk4/please_do_note_upvote_shameless_reposts_and_check/', '14dyfk4', [['u/Vinnie1103', 14, '2023-06-20 05:14', 'https://www.reddit.com/r/confusingperspective/comments/14dyfk4/please_do_note_upvote_shameless_reposts_and_check/josdi3p/', 'I think this post is a repost. Don’t upvote it.', '14dyfk4'], ['u/Acrobatic-Monitor516', 11, '2023-06-20 05:15', 'https://www.reddit.com/r/confusingperspective/comments/14dyfk4/please_do_note_upvote_shameless_reposts_and_check/josdk8v/', "damn , I'm caught", '14dyfk4'], ['u/Acrobatic-Monitor516', 16, '2023-06-20 05:17', 'https://www.reddit.com/r/confusingperspective/comments/14dyfk4/please_do_note_upvote_shameless_reposts_and_check/josdsvq/', 'want some feet pics btw ? or maybe a tee shirt, they are quite cheap \n\n\nalso PM me if you need any help for bitcoin investments', '14dyfk4']]], ['u/VampireVlad', '10 Reasons You Should Run Your Own Full Bitcoin Node', 61, '2023-06-20 04:30', 'https://www.reddit.com/r/Bitcoin/comments/14dyg4b/10_reasons_you_should_run_your_own_full_bitcoin/', "Hi, guys!\n\n\n\nI just published a new article that's meant to explain 10 of the main reasons why you should take action and run your own full node. You're not only helping the network, but you help yourself by becoming fully sovereign and removing trusted third parties that store your xpub and IP address.\n\n\n\nHere's the complete write-up. Hope you're going to like it: [https://bitcoin-takeover.com/10-reasons-you-should-run-your-own-bitcoin-full-node/](https://bitcoin-takeover.com/10-reasons-you-should-run-your-own-bitcoin-full-node/)", 'https://www.reddit.com/r/Bitcoin/comments/14dyg4b/10_reasons_you_should_run_your_own_full_bitcoin/', '14dyg4b', [['u/cryptogrubber', 12, '2023-06-20 10:02', 'https://www.reddit.com/r/Bitcoin/comments/14dyg4b/10_reasons_you_should_run_your_own_full_bitcoin/jot1rm2/', 'I found the rasberry to be more expensive than a used mini PC, so I chose the cheaper option', '14dyg4b']]], ['u/pandorasbox553', 'Warning: Be Cautious of Remote Jobs', 48, '2023-06-20 05:26', 'https://www.reddit.com/r/VancouverJobs/comments/14dzmih/warning_be_cautious_of_remote_jobs/', 'I\'m here to raise awareness and be vigilant when looking and applying for a job online especially remote job position. I want to put this out to help people because I just became a victim of online money laundering scam which compromise my personal information and identity plus my bank account suffered from it.\n\nSo I found this remote job on Indeed.ca a few weeks ago. The company name is C2C Canada Technologies (fake company) Since I\'m too desperate to get a job, I didn\'t take a serious look over it and just get on with it. I go over it without researching more and I figured it could be legitimate company because they have a professional looking website and there\'s employee photos and so on.\n\nThe position is called "Customer Chat representative" which I will be working as sales person promoting their company and will be using crypocurrency as a form of payment for virtual sales services.\n\nThe company is base in Ottawa which is couple of hours advance in time zone from where I am. I got an email and an offer and took the chance to follow though.\n\nAfter I added the so called HR on Telegram, she told me that I need to create an account via Kraken in order for me to have company bitcoin wallet to use. Which they will deposit "corporate funds" into my bank account as e-transfer. She told me that I need to deposit this corporate funds into Kraken account and turn them into Bitcoins.\n\nSince I never heard about this scheme before and its unfamiliar to me, I follow what was instructed. They deposited $3000 into my bank account and asked me to go to Canada Post to deposit for the purpose of turning this $3000 into cryptocurrency on Kraken. She told me this is part of my first task of the day.\n\nShe asked me on how to deposit the funds sending me links to follow so I did. So on I went to Canada Post and made deposit using the $3000 they sent me and using my debit card as well. I did 4 transactions and the 5th one caused my card to be blocked because of my card daily limits. \n\nI called my bank institution about unblocking my card so I can do more deposits and they told me that I need to go to my main bank branch because they think I been scammed. Then there I was got really frustrated about my stupidity and I spoke to one of bank teller and she told me that to never trust someone you don\'t know especially accepting money because it\'s a form of scam. She told me to stop talking to that HR on Telegram.\n\nSo here I am blaming myself. I should have known better, but It\'s too late. I already gave out my drivers license to that scammer and my identity could be use for potential scams. Plus my bank is now frozen and restricted. My bank told me it may be harder to fix since there\'s money that I transferred that they didn\'t know where it came from. Also, i may now could have overdraft in my bank account which I might owe money.\n\nThe worst part is that I\'m being threaten by the scammer because I blocked her from Telegram due to the advice of my bank institution and the scammer also sent... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Investing.com -- Most Asian currencies fell on Wednesday, while the dollar steadied from recent losses as markets hunkered down before more cues on monetary policy from Federal Reserve Chair Jerome Powell later in the day. Powell is set to testify before Congress later in the day, potentially offering more cues on the path of U.S. interest rates after somewhat mixed signals from a Fed meeting last week. While the bank paused its rate hike cycle, it flagged a higher peak interest rate this year, potentially heralding more increases in rates. This kept investors uncertain over what Powell may signal in his testimony, drawing some flows into the dollar on the potential for a hawkish outlook. The dollar index and dollar index futures rose slightly in Asian trade after logging some gains earlier this week. Chinese yuan hits near 7-month low after rate cut The Chinese yuan continued to lag its regional peers, sinking 0.2% to a near seven-month low of 7.1939 against the dollar after the People’s Bank of China cut its key loan prime rate on Tuesday. The PBOC cut its 1-year and 5-year LPR by 10 basis points each. The cut was the PBOC’s first such move in 10 months, and comes as Beijing struggles to shore up a slowing local economic rebound. While the move is expected to help support economic growth, it bodes poorly for the yuan, as rising interest rates in the rest of the globe diminish the currency’s appeal. The cut in the 5-year LPR also disappointed some traders hoping for a bigger reduction, given that the rate is used to peg mortgage prices and is closely tied to the Chinese property market. U.S. rate-hike fears dent broader Asian currencies Most other Asian units fell as markets feared any more hawkish signals from Powell later in the day, which could herald higher U.S. interest rates. The South Korean won lost 0.3%, while the Indian rupee fell 0.1%. The Australian dollar was among the few outliers for the day, rising 0.1% after steep losses in the prior session. Story continues The Japanese yen fell 0.1%, trading close to seven-month lows amid more signals from the Bank of Japan that it will maintain its ultra-loose monetary policy for longer. The minutes of the BOJ’s April meeting showed that nine out of 10 board members planned to keep the policy on hold, while comments from BOJ officials reiterated this stance on Wednesday. Related Articles Asia FX dips, dollar steadies as Powell testimony looms Yuan falters, dollar firm ahead of Powell testimony Bitcoin rises 5.1% at $28,211', 'Investing.com -- Most Asian currencies fell on Wednesday, while the dollar steadied from recent losses as markets hunkered down before more cues on monetary policy from Federal Reserve Chair Jerome Powell later in the day. Powell is set to testify before Congress later in the day, potentially offering more cues on the path of U.S. interest rates after somewhat mixed signals from a Fed meeting last week. While the bank paused its rate hike cycle, it flagged a higher peak interest rate this year, potentially heralding more increases in rates. This kept investors uncertain over what Powell may signal in his testimony, drawing some flows into the dollar on the potential for a hawkish outlook. The dollar index and dollar index futures rose slightly in Asian trade after logging some gains earlier this week. Chinese yuan hits near 7-month low after rate cut The Chinese yuan continued to lag its regional peers, sinking 0.2% to a near seven-month low of 7.1939 against the dollar after the People’s Bank of China cut its key loan prime rate on Tuesday. The PBOC cut its 1-year and 5-year LPR by 10 basis points each. The cut was the PBOC’s first such move in 10 months, and comes as Beijing struggles to shore up a slowing local economic rebound. While the move is expected to help support economic growth, it bodes poorly for the yuan, as rising interest rates in the rest of the globe diminish the currency’s appeal. The cut in the 5-year LPR also disappointed some traders hoping for a bigger reduction, given that the rate is used to peg mortgage prices and is closely tied to the Chinese property market. U.S. rate-hike fears dent broader Asian currencies Most other Asian units fell as markets feared any more hawkish signals from Powell later in the day, which could herald higher U.S. interest rates. The South Korean won lost 0.3%, while the Indian rupee fell 0.1%. The Australian dollar was among the few outliers for the day, rising 0.1% after steep losses in the prior session. Story continues The Japanese yen fell 0.1%, trading close to seven-month lows amid more signals from the Bank of Japan that it will maintain its ultra-loose monetary policy for longer. The minutes of the BOJ’s April meeting showed that nine out of 10 board members planned to keep the policy on hold, while comments from BOJ officials reiterated this stance on Wednesday. Related Articles Asia FX dips, dollar steadies as Powell testimony looms Yuan falters, dollar firm ahead of Powell testimony Bitcoin rises 5.1% at $28,211', '* U.S. housing starts surge; dollar drifts higher * Traders await UK CPI and Powell testimony By Tom Westbrook SINGAPORE, June 21 (Reuters) - The U.S. dollar was firm in Asia trade on Wednesday following surprisingly strong U.S. housing data, while the yuan and Aussie dollar nursed losses and focus turned to Federal Reserve Chair Jerome Powell\'s appearance before Congress later in the day. Single family housing starts surged 21.7% in May against expectations they\'d be more or less flat. Traders discounted it somewhat since the jump wasn\'t led by a leap in permits, but it still gave the dollar a boost ahead of Powell\'s testimony. The greenback was marginally stronger at $1.0916 per euro overnight and steady early in the Asia session. The yen was also firm at 140.50 per dollar ahead of an appearance by Bank of Japan Governor Kazuo Ueda on Wednesday. The Aussie and yuan were Tuesday\'s largest losers and were in no mood for a bounce early on Wednesday. China had cut rates by less than expected and while its post-COVID recovery stalls, hoped-for major stimulus is yet to arrive. The yuan fell about 0.3% overnight and in offshore trade early on Wednesday the currency was pinned at 7.1826 per dollar, near a seven-month low. With China\'s Premier Li Qiang abroad in Europe, traders see an imminent announcement of further stimulus as unlikely. The Aussie had taken a further beating thanks to Tuesday\'s less-hawkish-than-expected central bank minutes following this month\'s rate hike. It fell 0.9% overnight and last bought $0.6790. "The path of least resistance is further declines," said Commonwealth Bank of Australia strategist Joe Capurso. "The Aussie could dip below 0.6700 this week, particularly if Powell is hawkish," he said. Powell is due to begin his testimony at 1400 GMT. The New Zealand dollar was dragged lower in sympathy, breaking below its 50-day moving average before steadying just above its 200-day moving average at $0.6168. Story continues It is under pressure after the central bank flagged it was finished with hikes, while data showed the economy in recession. "From here we see further stagnation in growth," said Mieneke Perniskie, a currency trader at Kiwibank in Wellington. "Our pick is that the kiwi will head towards the $0.57 level before the year is out, but it won’t be in a straight line," she said. "First off the bat we will need to crack the $0.59 level. That may only be a matter of weeks away." Elsewhere sterling recovered some of its overnight drop to sit at $1.2760. British inflation data is due later in the day with economists hoping for signs its easing. The data is likely to be decisive for the Bank of England, which meets on Thursday with markets currently pricing about a 3/4 chance of a 25 bp hike and a 1/4 chance of a 50 bp hike. "Sterling may halt the current reversal (if) expectations are reshaped, with the pair potentially jumping back above 1.28 and re-testing last week\'s resistance at 1.2847," said Daniela Hathorn, analyst at Capital.com. The U.S. dollar index was steady at 102.55. Bitcoin jumped 5% overnight to break over $28,000 for the first time since late May, helped by the launch of a new crypto exchange backed by Fidelity, Citadel Securites and Charles Schwab. (Reporting by Tom Westbrook)', '\nU.S. housing starts surge; dollar drifts higher\n\nTraders await UK CPI and Powell testimony\nBy Tom Westbrook\nSINGAPORE, June 21 (Reuters) - The U.S. dollar was firm in Asia trade on Wednesday following surprisingly strong U.S. housing data, while the yuan and Aussie dollar nursed losses and focus turned to Federal Reserve Chair Jerome Powell\'s appearance before Congress later in the day.\nSingle family housing starts surged 21.7% in May against expectations they\'d be more or less flat. Traders discounted it somewhat since the jump wasn\'t led by a leap in permits, but it still gave the dollar a boost ahead of Powell\'s testimony.\nThe greenback was marginally stronger at $1.0916 per euro overnight and steady early in the Asia session. The yen was also firm at 140.50 per dollar ahead of an appearance by Bank of Japan Governor Kazuo Ueda on Wednesday.\nThe Aussie and yuan were Tuesday\'s largest losers and were in no mood for a bounce early on Wednesday. China had cut rates by less than expected and while its post-COVID recovery stalls, hoped-for major stimulus is yet to arrive.\nThe yuan fell about 0.3% overnight and in offshore trade early on Wednesday the currency was pinned at 7.1826 per dollar, near a seven-month low.\nWith China\'s Premier Li Qiang abroad in Europe, traders see an imminent announcement of further stimulus as unlikely.\nThe Aussie had taken a further beating thanks to Tuesday\'s less-hawkish-than-expected central bank minutes following this month\'s rate hike. It fell 0.9% overnight and last bought $0.6790.\n"The path of least resistance is further declines," said Commonwealth Bank of Australia strateg Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-21 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $557,338,100,150 - Hash Rate: 314884889.72798514 - Transaction Count: 363280.0 - Unique Addresses: 693078.0 Social & AI Sentiment: - Fear & Greed Index: 0.59 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Daderot / Wikimedia Commons If you have $500 that you hope to turn into $100,000, congratulations you are an optimist with lofty goals. But to make your dream a reality, youll have to earn gains of 19,900% . Find Out: How Much Americans Have in Their Savings Accounts in 2023 Learn: 3 Things You Must Do When Your Savings Reach $50,000 Those kinds of stratospheric returns require a lot of risk, a lot of time, a lot of luck or, more likely, some combination of all three. If you have $500, you can buy an alternator for a Porsche Taycan 4 Cross Turismo. Here are a few potential paths to growing it until you can buy the whole car. The Slow Way to 19,900% Takes Most of a Lifetime Early Bitcoin investors who sold at the 2021 crypto peak earned 20,000% and then some. But unless you have the foresight to spot a virtually unknown asset class thats poised to emerge as the next big thing, youll probably look to the stock market. If thats the plan, start young. While its technically possible to turn $500 into $100,000 through investing, its not a realistic or reliable goal for most people, said Wall Street strategist Josh Dudick, CEO of wealth and investment site Top Dollar . The stock market, for example, has historically delivered an average annual return of around 10%. If you invested $500 and earned a 10% return each year, it would take over 55 years to turn that initial investment into $100,000. Take Our Poll: Are You Planning To Buy or Sell a House This Year? The Fast Way to $100,000 Is Also the Fast Way to $0 If you cant wait until the late 2070s to get your hands on your cash, youll have to speed up the clock and the only way to do that is to dial up the risk. Achieving a 200-fold return on a $500 investment is possible through derivative investments, such as options or futures, said June Jia, a quantitative researcher at GF Securities and owner of Canny Trading . Compared to traditional assets like stocks or ETFs, options and futures can provide significant leverage, sometimes reaching several hundred or even thousands of times, which may result in a rapid increase in portfolio value. Story continues The Potential for Colossal Gains Carries the Risk of Total Loss Derivatives trading was a little-known niche in the investing world before it blew up the global economy in 2008. Those responsible for the reckless investments that triggered the Great Recession were blinded by the potential for magnified gains like those that Jia describes. You would be wise to avoid the same mistake with your $500. The potential for high returns comes with a corresponding level of risk, Jia said. To effectively manage risk, investing only a small portion of portfolio funds each time and diversifying investments to mitigate risk exposure is advisable. No matter your risk-mitigation efforts, be prepared to wave goodbye to any portion of your $500 that you bet on leveraged investing. Derivative products are only recommended for sophisticated investors who understand the risks and possibility of losing their entire principal, Dudick said. Day Trading Is More Familiar Than Derivatives, But Nearly as Risky While derivatives trading is alien to the average investor, the concept of buying stocks, selling them at a profit and harvesting the gains is not and if youre good, you can get to $100,000. Plenty of investors have made this goal possible with day trading, said financial expert Matt Roberts, COO and co-founder of My Choice Insurance . The SEC has warned since at least 2005 that day trading is not actual investing and it is a path to significant losses for nearly all who try it. Nearly two decades later, little has changed. Day trading isnt for the faint-hearted or people who are new to investing, Roberts said. This takes a deep understanding of different markets, so it isnt something beginners should be doing. However, if you do learn how market forces play, the goal is possible. Just make sure that you understand the risks involved in it before you start day trading or before you get too aggressive with it. Between Fast and Slow Is Steady: $500 as an Initial Investment Aviva Pinto, managing director of Wealthspire Advisors , is aware that youd need more than half a century to realize 19,900% gains and she reminds investors that 10% annualized returns are no guarantee. The key to shortening that timeline is to treat your $500 merely as a down payment on your future financial freedom. If you start with $500 and add $100 a month, assuming an interest rate of 5%, you would have $111,142.38 at the end of 35 years, Pinto said. If we assume you can get an annual 7% return, you would have $117.159.07 after 30 years. Also, you could lighten the load by breaking up your overall objective into more achievable milestones. Instead of immediately targeting a $100,000 goal, start with a $1,000 goal, Roberts said. Once you hit that $1,000 goal, your new goal is to turn it into $2,000, then $3,000 and so on. Continue this mini goal-setting until you reach $100,000. More From GOBankingRates 5 Expensive Renovations Homeowners Always Regret Financial Insight in Your Inbox: Sign Up for GBR's Daily Newsletter 3 Ways to Recession Proof Your Retirement 7 Things You Must Do To Create a Plan for Your Money This article originally appeared on GOBankingRates.com : You Have $500 To Invest: Can It Be Turned Into $100K?... - 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: ['At the beginning of the pandemic, markets reacted as though the world was going to end. Then, after the Federal Reserve unveiled its stimulus measures, nearly every tech stock rallied, the crypto bubble formed, andmeme stockswent to the moon. That was followed by big declines in stocks over fears of interest rate hikes and a recession. Nowadays, while it appears we’re in a “Goldilocks” phase, tread cautiously. Even in the current rally, there are till plenty of overvalued stocks still worthy of a sell, including:\nSource: shutterstock.com/Black Salmon\nWest Texas Intermediate Oiltumbled40% over the last year. All thanks to supply issues, China’s weaker than expected economy, and bigger demand for electric vehicles. In addition, the\xa0Biden Administration’s sales from America’s Strategic Petroleum Reserve has weighed heavily on prices, too.\xa0All of this, of course, is bad news for BigOil stocks, includingOccidental Petroleum(NYSE:OXY).\nMoreover, I’ve read that the Biden administration is considering allowing a sort of nonviolent “hostile freeze” to take effect in Ukraine, along the lines of the standoff that the two Koreas have endured for many decades. Also, as we get closer to the U.S. presidential election, I believe that such a scenario is growing increasingly likely, particularly if Biden’s anti-war primary challenger, Robert F. Kennedy, Jr, continues to climb in the polls.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nIf a de facto cease fire does take hold in Ukraine, oil prices are likely to plunge, with OXY stock following suit.\nOXY stock currently has a forward price-earnings ratio of 11.3, but that probably does not\xa0 bake in a big decline in oil prices in 2024. And the shares climbed last year due to increases in oil prices and Warren Buffett’s purchase of a great deal of the company’s shares, but what comes up often comes down, and even Buffett is not right 100% of the time.\nSource: shutterstock.com/Leonid Sorokin\nWorries about the recession that hasn’t come and isn’t likely to arrive this year or next year have caused the valuations of staples stocks likeClorox(NYSE:CLX) to hit the roof. As of the afternoon of June 15,\xa0 the shares were changing hands at a forward price-earnings ratio of 28.5. That’s a ridiculously high valuation for a maker of staples products.\nShowing that the long-feared recession is unlikely to materialize,Goldman Sachsrecently loweredthe chances of a recession over the next 12 months to 25%, while the Fedestimates thatGDP will climb 1.8% in the second quarter.\xa0As fewer and fewer economists warn about\xa0 an impending recession,\xa0 many investors will sell staple stocks, including Clorox, and move into more economically sensitive stocks. That’s because staples stocks like CLX are often viewedas good names to buyduring recessions.\xa0 \xa0As a result,\xa0 CLX stock is likely to tumble within the next several months.\nSource: Shutterstock\nAbout two yearsafter pausing itsspace flights due to an issue with a supplier,Virgin Galactic(NYSE:SPCE) is supposed to resume commercial flights in late June. And the company launched a successful test flight last month.\nHowever, I’ve always viewedspace stocksas very risky because of the many unsuccessful flights that occur. And recently, Bank of Americawarned thatVirgin Galactic is particularly risky because it’s using only\xa0 “one mothership.” As a result, if the ship can’t be used for an extended period, SPCE stock is likely to plunge, the bank suggested.\nMoreover, SPCE plans to take its tourists, who will be asked to pay hundreds of thousands of dollars each ,”to the edge of space,” i.e. just barely above the atmosphere. Given that point and the high risks involved, I have my doubts about how many tickets the company will be able to sell.\nSPCE stock currently has a market capitalization of $1.7 billion. If the company has trouble attracting space tourists and/or it has difficulties with its mothership, it will probably have trouble generating much over $100 million of revenue annually, meaning that it could be valued at a gargantuan 17 times its sales.\nSource: Shutterstock\nDisney’s(NYSE:DIS) huge problems have been evident for many years, but the Street seemingly can’t or won’t internalize them, as its forward price-earnings ratio is a fairly strong 16. Specifically, the lion’s share of Disney’s top and bottom lines are derived from two faltering sectors: cable TV and movie theaters. And meanwhile, its growth sector –streaming — remains unprofitable and faces tons of competition.\nIn more recent years, another issue –the company’s antagonism of about half of America with its political/social stances — has become problematic. Anyone who thinks such a situation can’t greatly undermine a large company should take a look at what has happened toAnheuser-Busch(NYSE:BUD). I believe that Disney’s blunders in this area have indeed hurt its financial results and will continue to do so for some time.\nShowing the weakness of Disney’s growth, analysts, on average, onlyexpect its top line toincrease 4.7% in 2024 versus 2023, despite the economy’s strength.\xa0I believe that DIS stock deserves a price-earnings ratio more in the 8x-10x range, and I think the shares will get there sooner than later. As a result, DIS is definitely one of the overpriced stocks to sell at this point.\nSource: Shutterstock\nThe shares of fast casual Mediterranean restaurant ownerCava(NYSE:CAVA) doubled on their first day of trading on June 15 in the wake of the company’s IPO.\nThe sharesnow havea valuation of roughly 7.4 times the company’s trailing revenue. Cava’s revenue will jump in the coming yearsbecause it“has 263 restaurants and wants to expand to over 1,000 by 2033.”\nStill, its valuation is far too high, since it’s far from being profitable and faces a tremendous amount of competition. On the profitability front, Cava reported a net loss of $59 million for 2022, and it has warned that its costs will increase in the coming years as it launches new restaurants.\xa0As far as competition is concerned, I’ve seen fast-casual Mediterranean restaurants, owned by various companies, in nearly every American city in which I’ve lived or visited over the last decade. And one can argue that Cava also competes with all of the fast-casual restaurants whose food is viewed as healthy.\nChipotle(NYSE:CMG) andSubway, for example, could both be looked at as being in the category.\nSource: Shutterstock\nMicroStrategy(NASDAQ:MSTR) has tied its fate to that ofBitcoin(BTC-USD),as the company“holdsapproximately140,000 bitcoin worth about $4 billion.”\nIf Bitcoin tumbles 75%, which I believe is quite likely, the value of MSTR’s Bitcoin holdings would drop by 75% of $4 billion ,or $3 billion. If MSTR’s market capitalization, whichis currently$4 billion, falls by $3 billion, its shares will have lost 75% of their value, all else being equal.\nThe company’s founder and executive chairman, Michael Saylor, contends that crypto will become a “bitcoin focused industry.” But, as I pointedout in a previous column, Washington looks poised to decimate America’s largest crypto exchange,Coinbase(NASDAQ:COIN), while another leading crypto exchange,Binance, also looks destined for failure, given the SEC’s even more onerous lawsuit against it. Additionally, Washington is strongly discouraging the nation’s banks from getting involved with crypto exchanges and the entire crypto sector.\nGiven these points, I believe that, within six months to a year, Americans will find it very difficult to buy and sell Bitcoin. Consequently, I expect the crypto’s value to plunge, taking MSTR stock with it.\nSource: Shutterstock\nLike Clorox,Coca-Cola’s(NYSE:KO) valuation has become quite excessive because of investors who are afraid of a recession piling into it.\xa0 Specifically, the stock’s forward price-earnings ratio is 23.4x.\xa0That’s a rather high valuation for a company whose bottom line is only expected by analysts, on average, to increase 5% this year. Moreover, unlike, say, most tech companies, manyconsumer discretionary stocks, and even some financial services firms, Coca-Cola’s profits have virtually no chance of every jumping 10%-15% in a given year.\nMoreover, I think there’s a risk that, at some point, the company’s financial results could be significantly, negatively impacted by increased concerns about the unhealthy quality of its flagship beverage.\xa0And showing that investors may be already tiring of the name, KO stock has greatly underperformed this year, falling 4% through June 15.\n[{"OXY": "CLX", "Occidental Petroleum": "Clorox", "$58.15": "$156.54"}, {"OXY": "SPCE", "Occidental Petroleum": "Virgin Galactic", "$58.15": "$4.73"}, {"OXY": "DIS", "Occidental Petroleum": "Disney", "$58.15": "$91.32"}, {"OXY": "CAVA", "Occidental Petroleum": "Cava Group", "$58.15": "$38.15"}, {"OXY": "MSTR", "Occidental Petroleum": "MicroStrategy", "$58.15": "$293.39"}, {"OXY": "KO", "Occidental Petroleum": "Coca-Cola", "$58.15": "$61.67"}]\nOn the date of publication, Larry Ramerwas short COIN.The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nLarry Ramer has conducted research and written articles on U.S. stocks for 15 years. He has been employed by The Fly and Israel’s largest business newspaper, Globes. Larry began writing columns for InvestorPlace in 2015. Among his highly successful, contrarian picks have been PLUG, XOM and solar stocks. You can reach him on Stocktwits at @larryramer.\n• Buy This $5 Stock BEFORE This Apple Project Goes Live\n• Did Elon Musk Just Trigger a New Netscape Moment?\n• The $1 Investment You MUST Take Advantage of Right Now\n• The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors\nThe postGet Out Now! 7 Extremely Overvalued Stocks Set to Spiral Downwardappeared first onInvestorPlace.', "At the beginning of the pandemic, markets reacted as though the world Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-22 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $588,258,667,162 - Hash Rate: 356522561.09697485 - Transaction Count: 392041.0 - Unique Addresses: 722789.0 Social & AI Sentiment: - Fear & Greed Index: 0.65 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Binance, the world’s largest cryptocurrency exchange, and its chief executive are being sued by the US’s top financial watchdog, which has accused them of making billions of dollars while “placing investors’ assets at significant risk”. In a court filing, the Securities and Exchange Commission (SEC) accused Binance of mixing “billions of dollars” in customer funds and secretly sending them to a separate company controlled by its founder and chief executive, Changpeng Zhao. Related:Elon Musk accused of insider trading in Dogecoin lawsuit “We allege that Zhao and the Binance entities not only knew the rules of the road, but they also consciously chose to evade them and put their customers and investors at risk,” said Gurbir Grewal, director of the SEC’s enforcement division. In itscomplaint filed on Monday at a federal district court in Washington, the SEC added: “Defendants have enriched themselves by billions of US dollars while placing investors’ assets at significant risk.” The complaint alleges that between June 2018 and July 2021, Binance earned at least $11.6bn (£9.3bn) in revenue, mostly from transaction fees. Among other charges, the SEC alleges that, while Zhao and Binance publicly claimed that US customers were restricted from transacting on Binance.com, “Zhao and Binance in reality subverted their own controls to secretly allow high-value US customers to continue trading on the Binance.com platform”. The 13 civil charges have been placed against Zhao, Binance Holdings and two further Binance-linked entities, BAM Trading Services and BAM Management US Holdings. The SEC said Binance and BAM operated the Binance.US platform, which had been created for US customers after the main Binance platform said in 2019 it was quitting the US market. The SEC alleges that, while Zhao and Binance publicly claimed that Binance.US was created as a separate, independent trading platform for US investors, “Zhao and Binance secretly controlled the Binance.US platform’s operations behind the scenes”. The SEC alleges that Zhao and Binance were able to commingle or divert customers assets “as they please” including to a Zhao-controlled entity called Sigma Chain. The regulator claims that Sigma also engaged in “manipulative trading” that artificially inflated trading volume on Binance.US. The SEC also charged Binance and BAM Trading with operating unregistered securities exchanges, broker-dealers and clearing agencies, as well as the unregistered offering and sale of crypto assets including the Binance USD stablecoin, a digital token whose value is pegged to the American dollar. It alleged that Zhao was a “control person” for the unregistered exchange operation. The SEC complaint alleges that Zhao directed Binance to conceal the access of high-spending US customers to Binance.com. In one piece of evidence included in the lawsuit, the Binance chief compliance officer messaged a colleague saying: “We are operating as a fking unlicensed securities exchange in the USA bro.” Elsewhere in the lawsuit Binance’s CCO is quoted as saying: “We do not want [Binance].com to be regulated ever.” A Binance spokesperson said: “We want to be clear that while we take the allegations in the SEC’s complaint seriously, they should not be the subject of an SEC enforcement action, let alone on an expedited basis. They are unjustified.” John Stark, a former senior SEC official and senior lecturing fellow at Duke University’s school of law, said the SEC has been “incredibly aggressive” towards the crypto industry recently, having announcedmore than 30 cryptocurrency-related enforcement actionssince 2022. Stark added that the complaint contained “scathing allegations” including evidence that Binance’s actions were “designed to avoid regulatory scrutiny”. In March the US Commodity Futures Trading Commission sued Binance and Zhao in a complaint that claimed the defendants committed “wilful evasion of US law”.Allegations in the complaintincluded claims that Binance helped US customers trade on the platform despite not having regulatory clearance to do so. Bitcoin, the world’s biggest cryptocurrency, fell as much as 6% on the news to its lowest in almost three months. Binance’s own cryptocurrency BNB, the world’s fourth-largest by market size, dropped more than 5%. Market players said the SEC’s allegations could hobble Binance, with the lawsuit likely to reverberate through the crypto industry. Binance dominates crypto trading, processing trades worth about $65bn a day last year. Reuters contributed to this report... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin rose and held above US$30,000 in Friday morning trading in Asia, holding onto the strong gains made this week on the back of growing institutional interest in the world’s largest cryptocurrency by market capitalization. Ether was little changed. Other top 10 non-stablecoin cryptocurrencies traded mixed, with Cardano’s ADA token gaining and Binance’s BNB losing ground. Overall, most tokens were holding weekly gains spurred by Bitcoin’s rally.\nBitcoin rose 0.33% over the last 24 hours to US$30,056.27 at 6:30 a.m. in Hong Kong, up 17.52% for the past week, according to CoinMarketCap data. The world’s largest cryptocurrency broke through resistance at US$30,000 early morning on Thursday for the first time since April, reaching a high of US$30,737.33.\nEther was little changed, rising 0.02% to US$1,879.66 to gain 12.87% for the week.\nBlackRock Inc.,the world’s largest asset manager with US$8.59 trillion under management at the end of 2022, filed an application on June 15 for a Bitcoin exchange-traded fund (ETF). Two more U.S.-based asset managers — WisdomTree and Invesco — also filed Bitcoin ETF applications this week.\n“Major cryptocurrencies were seeing strong performances this week — Traders reacted positively to the possibility of seeing a Bitcoin ETF come to market,” Denys Peleshok, head of Asia at Belize-based financial brokerage CPT Markets, in email comments.\n“A successful launch of a bitcoin ETF could open the way for more inflows from individuals and professional investors alike,” Peleshok added. “The investment vehicle could lower the barrier of entry into the market and attract significant volumes of investment into bitcoin in particular.”\nBoston-based Fidelity Investments, another major financial services company that managed US$4.2 trillion as of the first quarter of 2023, is alsosaidto be preparing to file a Bitcoin ETF application.\nIn another encouraging move for institutional adoption of crypto, EDX Marketsopened for businesson Tuesday as a New Jersey-based digital asset exchange backed by Wall Street firms such as Citadel Securities, Fidelity Investments and Charles Schwab Corp. EDX said U.S. regulatory compliance is a core feature of its operations.\nThese moves by traditional finance follow the crackdown on the U.S. crypto sector this month by the Securities and Exchange Commission (SEC), which filed lawsuits against the Binance.US and Coinbase exchanges. The SEC alleges they illegally traded cryptocurrencies that should have been registered as financial securities, among other charges.\n“[Bitcoin could] continue benefiting from its status as a quasi-commodity when most other digital assets are considered securities by regulators. As a result, Bitcoin could emerge as a winner from the SEC’s legal efforts,” said Peleshok of CPT Markets.\nU.S. Federal Reserve Chairman Jerome Powellcommentedon Bitcoin during a monetary policy hearing on Capitol Hill this week, describing the token as having “staying power” as an asset class.\nMeanwhile, Mastercard Inc., the world’s second largest payment processor,announcedThursday that it will expand its Engage network to embrace more blockchain and digital asset partners. Mastercard Engage connects businesses with qualified technology partners.\nOther top 10 non-stablecoin cryptocurrencies were mixed, although making weekly gains spearheaded by Bitcoin. Binance’s BNB token lost 2.53% to US$242.49 while gaining 2.36% in the past seven days.\nCardano’s ADA rose 2.21% to US$0.2922, adding 10.90% in the last week.\nThe total cryptocurrency market capitalization rose 0.14% to US$1.17 trillion in the last 24 hours, while trading volume fell 25.24% to US$45.06 billion, according to CoinMarketCap data.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the non-fungible token (NFT) market, the Forkast 500 NFT index rose 0.78% to 2,930.17 in the 24 hours to 8:30 a.m. in Hong Kong. The index gained 1.3% for the week.\nTotal NFT transactions rose 0.64% to US$23.9 million, while transactions on Ethereum dipped 3.70% to US$15.56 million. Bitcoin was the second largest blockchain by NFT transactions, rising 8.56% to US$2.74 million.\nYuga Labs’ Bored and Mutant Ape Yacht Club NFTs were the top selling collections in the last 24 hours. Bored Ape trades rose 1.12% to US$3.07 million, while Mutant Ape surged 23.92% to US$1.05 million.\n“NFT traders are optimistic about the future, and clearly willing to spend as we see from multiple $145k Bored Ape Yacht Club sales, along with a $286k sale, but still the index is just above its all-time low point,” said Yehudah Petscher, NFT strategist at Forkast Labs, the parent company of Forkast.News.\nThat indicates investors remain hesitant as a whole, apart from some whales, said Petscher, adding that may be because of a lack of a track record for some projects holding value over time.\nThe Gods Unchained Cards NFT collection from ImmutableX was the third most traded collection, even as transactions fell 8.75% to US$754,805. ImmutableannouncedWednesday that its NFT trading card game Gods Unchained is now listed on game distribution platform Epic Games Store, which has over 230 million customers.\n“Lots of eyes on Azuki tomorrow as they have a big event in Las Vegas,” Petscher said.Azuki, the Japanese anime-inspired NFT collection of 10,000 generative avatars, became one of the most popular collections since its debut in January 2022 and still holds an active community.\nAzuki is the eighth most traded collection according to Cryptoslam data, with US$537,366 worth of transactions over the past day. “We’re watching to see what big announcements they may have – a new token, or possibly a game? Azuki has a track record of delivering on hype,” Petscher said.\nElsewhere, Swiss-based multinational food manufacturerNestlé S.A.and U.S.-based snack brandSlim Jimboth announced the launch of NFT collections, signaling continued mainstream interest in the blockchain-powered technology.\nU.S. stock futures traded lower as of 9:30 a.m. in Hong Kong, following a mixed regular trading session on Thursday.\nDow Jones Industrial Average futures slipped 0.06%, S&P 500 futures lost 0.11%, while Nasdaq futures inched down 0.084%.\nTech stocks gained in the Thursday session performed well with Apple Inc. setting a new record high of US$187, while Amazon.com Inc. and Tesla Inc. also rising.\nOn the U.S. battlefront against inflation, Federal Reserve Chairman Jerome Powell told the U.S. Congress on Tuesday and Thursday this week that the central bank is in consensus that more interest rate increases are likely this year to control high price pressure. The U.S. inflation rate is currently at around 4.05%, down from last month’s 4.93% but still far from Fed’s target of 2%.\nU.S. interest rates are now between 5% and 5.25%, the highest since 2006. The Fed paused rate hikes at the last meeting on June 14, but indicated two more hikes this year to bring rates to around 5.6%.\nThe Federal Reserve’s next meeting on interest rates is July 26 and the majority view is they will raise. The CME FedWatch Tool predicts a 76.9% chance for another 25-basis-point rate hike, up from 71.9% on Thursday, and a 23.1% chance the Fed will leave rates unchanged.\n(Updates to add equities section)', 'Bitcoin rose and held above US$30,000 in Friday morning trading in Asia, holding onto the strong gains made this week on the back of growing institutional interest in the world\x92s largest cryptocurrency by market capitalization. Ether was little changed. Other top 10 non-stablecoin cryptocurrencies traded mixed, with Cardano\x92s ADA token gaining and Binance\x92s BNB losing ground. Overall, most tokens were holding weekly gains spurred by Bitcoin\x92s rally. Crypto Bitcoin rose 0.33% over the last 24 hours to US$30,056.27 at 6:30 a.m. in Hong Kong, up 17.52% for the past week, according to CoinMarketCap data. The world\x92s largest cryptocurrency broke through resistance at US$30,000 early morning on Thursday for the first time since April, reaching a high of US$30,737.33. Ether was little changed, rising 0.02% to US$1,879.66 to gain 12.87% for the week. BlackRock Inc.,the world\x92s largest asset manager with US$8.59 trillion under management at the end of 2022, filed an application on June 15 for a Bitcoin exchange-traded fund (ETF). Two more U.S.-based asset managers \x97 WisdomTree and Invesco \x97 also filed Bitcoin ETF applications this week. \x93Major cryptocurrencies were seeing strong performances this week \x97 Traders reacted positively to the possibility of seeing a Bitcoin ETF come to market,\x94 Denys Peleshok, head of Asia at Belize-based financial brokerage CPT Markets, in email comments. \x93A successful launch of a bitcoin ETF could open the way for more inflows from individuals and professional investors alike,\x94 Peleshok added. \x93The investment vehicle could lower the barrier of entry into the market and attract significant volumes of investment into bitcoin in particular.\x94 Boston-based Fidelity Investments, another major financial services company that managed US$4.2 trillion as of the first quarter of 2023, is also said to be preparing to file a Bitcoin ETF application. In another encouraging move for institutional adoption of crypto, EDX Markets opened for business on Tuesday as a New Jersey-based digital asset exchange backed by Wall Street firms such as Citadel Securities, Fidelity Investments and Charles Schwab Corp. EDX said U.S. regulatory compliance is a core feature of its operations. Story continues These moves by traditional finance follow the crackdown on the U.S. crypto sector this month by the Securities and Exchange Commission (SEC), which filed lawsuits against the Binance.US and Coinbase exchanges. The SEC alleges they illegally traded cryptocurrencies that should have been registered as financial securities Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-23 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $582,691,848,975 - Hash Rate: 325294307.5702325 - Transaction Count: 374001.0 - Unique Addresses: 707501.0 Social & AI Sentiment: - Fear & Greed Index: 0.65 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Good morning. Here’s what’s happening: Prices:Bitcoin was trading over $27K to recover some lost ground from its plunge last week. Insights:The stablecoin supply ratio drop of the past 11 days suggests a potential increase in buying power for stablecoins. CoinDesk Market Index (CMI) 1,158 +8.4▲0.7% Bitcoin (BTC) $27,165 +433.8▲1.6% Ethereum (ETH) $1,820 +23.6▲1.3% S&P 500 4,124.08 −6.5▼0.2% Gold $2,020 +5.4▲0.3% Nikkei 225 29,388.30 +261.6▲0.9% BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC) [["1,158", "+8.4\u25b20.7%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$27,165", "+433.8\u25b21.6%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,820", "+23.6\u25b21.3%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,124.08", "\u22126.5\u25bc0.2%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$2,020", "+5.4\u25b20.3%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["29,388.30", "+261.6\u25b20.9%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}] Hopeful Signs for BTC at $27K After seven days of plunging prices, bitcoin steadied. The largest cryptocurrency by market capitalization was recently trading at about $27,165, up 1.1% over the past 24 hours and a little above where it stood when the weekend began. BTC remains down more than 10% since May 5 when it started its most recent swoon, the result of profit-taking and low liquidity against a backdrop of industry-focused and macroeconomic uncertainties. "Financial markets in general (are) driven by risk, by liquidity, and so, not surprising right now, when people are fearing risk assets as a whole, we're seeing large swaths of selling," Ryan Rasmussen, an analyst for crypto fund manager Bitwise, told CoinDesk TV's "First Mover" program on Friday. "When there's less liquidity, you're going to have larger swings in price whenever an asset (is) sold." But he added: "There will be more liquidity come into crypto." Ether, the second largest crypto in market value, was changing hands near $1,800, down a few fractions of a percentage point and about the same level as early Saturday. Other major cryptos moved into green territory as the Asia trading week began with Litecoin recently up more than 5.7%. TheCoinDesk Market Index, a measure of the crypto market's performance, was up 0.8%. Leading Asia indexes were mixed with the Nikkei up about 0.5% but the Hang Seng down 0.2%. Rasmussen noted the declining correlation between crypto and traditional asset markets, which were mixed last week with the tech heavy Nasdaq Composite up slightly over the most recent five days but the S&P 500 and Dow Jones Industrial Average (DJIA) falling 0.2% and 1.1%, respectively. "Any kind of mistrust in traditional financial systems plays into the hands of crypto," Rasmussen said, adding: "I'm happy to see the correlation fall between traditional risk assets, traditional equities and crypto." In an email to CoinDesk, Joe DiPasquale, the CEO of crypto fund manager BitBull Capital, noted that the current "macroeconomic situation around the world is creating a conducive environment for crypto assets to thrive." This week, DiPasquale is looking for bitcoin's price to hold steady in a range between $25,000 and $27,000 "before bouncing toward $30K again." "We don’t think the market needs a catalyst in the immediate term," he wrote. "It is only a matter of time before we see another major rally." [{"Asset": "Gala", "Ticker": "GALA", "Returns": "+5.3%", "DACS Sector": "Entertainment"}, {"Asset": "Terra", "Ticker": "LUNA", "Returns": "+3.7%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Cardano", "Ticker": "ADA", "Returns": "+2.4%", "DACS Sector": "Smart Contract Platform"}] [{"Asset": "Cosmos", "Ticker": "ATOM", "Returns": "\u22120.5%", "DACS Sector": "Smart Contract Platform"}] What Does the Recent Stablecoin Supply Ratio Mean for Bitcoin? The Stablecoin Supply Ratio (SSR) has declined approximately 11% over the most recent 11 days, indicating a potential increase in buying pressure for bitcoin. The metric, which measures the ratio of bitcoin’s market capitalization to the market cap of stablecoins, gives insight into the supply-and-demand dynamics between stablecoins (used as a vehicle to purchase cryptocurrencies) and BTC itself. A higher SSR indicates that buying power is weakening, while lower values indicate that buying power is increasing. The recent SSR drop follows a 52% increase between March and May 5. The pivot indicates that additional cash or liquid reserves have entered the market, and could lead to higher BTC prices. 3:00 p.m. HKT/SGT(7:00 UTC)Eurogroup Meeting 4:30 p.m. HKT/SGT(8:30 UTC)Bank of England Monetary Policy Report Hearings 5:00 p.m. HKT/SGT(9:00 UTC)Eurozone Industrial Production s.a. (MoM/March) In case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV: Bitcoin Touches 2-Month Low; Do Kwon Set To Be Released From Montenegro Jail Bitcoin (BTC) continued to lose ground in the wake of CoinDesk's Bitcoin Trend Indicator, shedding the bullish bias for the first time in three weeks. Bitwise crypto analyst Ryan Rasmussen shared his markets analysis. Separately, Terraform Labs founder Do Kwon was set to be released from Montenegro jail on supervised bail as his trial on document forgery charges continues. Plus, Chia Network CEO and President Gene Hoffman discussed the blockchain and smart-contract platform's plans to go public. Wormhole Foundation head of operations Dan Reecer also joined the conversation. Binance Announces Exit from Canada, Citing Regulatory Tensions:The world’s largest crypto exchange by volume said new guidance related to stablecoins and investor limits prompted the exit. Ethereum Resumes Finalizing Blocks after Second Performance Hiccup in 24 Hours:When blocks are not being finalized, it is possible that pending transactions might be re-ordered or dropped from the network. Developers haven't determined the source of the hold-ups, but they are urging for calm amidst the concern and uncertainty. Among Bitcoin Developers, Debate Is Raging Over Whether to Censor Ordinals BRC-20s:Despite calls for censorship, many developers agree that maintaining the status quo is the right thing to do for now. MakerDAO Founder Proposes Plan for Upgraded Versions of DAI Stablecoin, Governance Token:Rune Christensen also proposed to incorporate artificial intelligence-assisted processes into Maker’s governance. House Democrats Consider New Stablecoin Bill Proposal, Source:The proposal comes weeks after Republicans introduced their own discussion draft of a new bill.... - Reddit Posts (Sample): [['u/excubitor15379', 'Altcoins performance last cycle', 11, '2023-06-23 00:16', 'https://www.reddit.com/r/CryptoCurrency/comments/14ggu0u/altcoins_performance_last_cycle/', " Hello my dear reddit fellows. I have made simple altcoins analyse I wanted to share it here to hear u out and make a discussion maybe.\n\n \nI take a snapshot of crypto market on the day 16 of dec 2018 – the day BTC was around its lowest price – 3252$ and I decided to check how well altcoin investment would go from there. \n\nSo I picked top 100 crypto by marketcap at that time, but since there were 6 stable coins and I wanted 100 altcoins to analyze I decided to make it for 106 top coins excluding stables at that time (around the bottom of the bearmarket of 2018). \n\n# case one\n\nIn case one I tracked alts movements price from the date of BTC bottom to their ATH around the date of the first ATH of BTC (we got duble top that year). So it wasnt precise date for altcoins I just wanted to see their maximum performance. It is worth noting that it is impossible to buy at the very bottom and sell at the very top, so the case one is made out of curiosity and mostly for fun. I don't believe anyone can achieve those returns with exceptions of some lucky ones. \n\nHere are the results. \n\n \n7 coins died – are no longer tracked by cmc\n\n6 coins would net u lose – they didn't beat their bottom price at BTC ATH on 2021(sic!); for instance: Metaverse ETP (ETP) price at BTC bottom (around mid of December 2018) was 0.6 and at BTC ATH at 2021 was 0.5. So, as u can see, 6 coins wasn't able to net u gain even under the most favorable conditions. The table shows results for all 100 altcoins (number of cases is percentage since they sums up to 100): \n\n\n\nhttps://preview.redd.it/vyb0gnjoxm7b1.png?width=171&format=png&auto=webp&v=enabled&s=4cb6b80bba84e18dd65732a78b989869bdfc29d9\n\n\n\nIf u are skilled enough to buy into the very bottom and sell on the very top, congrats, u would have 87% chance to earn money. The mode in this case is 10-20x what sounds nice, but since it's literally impossible to hit the bottom and the top, at least unless u have perfectly working crystal ball, u shouldn't expect that kind of returns. Just to add, there were only 50% chances to hit 10x and more returns.\n\n# case two\n\nTo be more realistic though, I think we should change conditions a bit. So the next scenario – case two \\- is modified towards more reality. At case two we enter at a price increased by 25% from bottom and sell at the price decreased by 25% from the top (lucky and disciplined trader gj on him). After this adjustments it doesn't look that optimistic – see tab below.\n\n\n\nhttps://preview.redd.it/mhmd99n5ym7b1.png?width=171&format=png&auto=webp&v=enabled&s=d63bccf7c219f5ed1e5091229fdce7262a050c28\n\nAs u can see number of coins that nets u lose doubled. So, u gona lose 19% of time while netting >2-10x about 46% of time. Only 2 coins in that scenario made >50-100x and 3 made >100x. This time mode is >5-10x - not that impressive if u take into account that betting on altcoins is a extreme sport in the crypot universe.\n\n# Now lets see how BTC did under that circumstances. \n\nBTC bottom was around 3252$ . ATH was 64700$. So everyone with perfectly calibrated crystal ball was able to net 19.9x nice. \n\nThe more realistic scenario -case two \\- gives u 11.9x . Still decent but u had to sell BTC at 48500$ what would be challenging af with all that 100k EOY narration around.\n\nPutting this value against cumulated percentage for alts - tab below - shows u got only around 30% chance to meet or beat that 11.9x. And u got only 15% chance to make >20x returns on alts. It doesn't look that good to me anymore. \n\n\n\nhttps://preview.redd.it/eqidprgrym7b1.png?width=256&format=png&auto=webp&v=enabled&s=ee14c9cd1b22ee18ba486b5063a2896a0e58fe03\n\nNow lets assume You divided ur portfolio: 70%BTC 20%ETH 10% alts. In this scenario for every 1000$ invested u would earn ( I will calculate for the more realistic scenario in which ur crystal ball was taken by ur wife to figure out famous stars love affairs): \n \n\n\n\nhttps://preview.redd.it/186ls9bc1n7b1.png?width=341&format=png&auto=webp&v=enabled&s=6821aa87dff1b08c2d640e0a861a95eb5b1c138f\n\n In table above there are 2 averages for alts: 1st one is the arithmetic mean and the 2nd one-the mode which i used in all previous examples - thats why 10% twice in the table; I decided to do it that way to put a bit more spice into the calculation since arithmetic mean is a bit better for alts outcome. \nKeep in mind u had only 30% chance for alts to beat BTC gains (see table with cumulated percentage). So for around 70% of time u would earn less on alts then on BTC, yaiks! \n \n\nSo as a conclusion it seems to me that buying BTC is not only safer but also provided good returns. Ofc u can find alts that did spectacular and if u can do that - good for u, i am full of admiration for u. But it seems alts are really risky play that brings less gains that I supposed they do, before i made that analyze. \n\nI still believe buying right alts at right moment can elevate ur profits by a lot, but as they say: time in the market beats timing the market.\n\nOK that's it folks. I am widely opened for constructive criticism, and gona make more post about alts in the nearest future. GL on ur trades, and don't give BTC to those whales cheaply!\n\nAnd don't worry, i didn't forget of the most important part ;) Here are those alts that made >50x gains:\n\n\n\nhttps://preview.redd.it/3ut113v47n7b1.png?width=420&format=png&auto=webp&v=enabled&s=f277c351a02eb4aaa7fabd8d3d0c657e57aa6c96\n\n \n\n\n\|\|\|\|\n\|:-\|:-\|:-\|\n\|\|\|\|\n\n\n\n\|\|\|\|\n\|:-\|:-\|:-\|\n\|\|\|\|\n\n\n\n\|\|\|\|\n\|:-\|:-\|:-\|\n\|\|\|\|", 'https://www.reddit.com/r/CryptoCurrency/comments/14ggu0u/altcoins_performance_last_cycle/', '14ggu0u', [['u/Onnimation', 11, '2023-06-23 00:22', 'https://www.reddit.com/r/CryptoCurrency/comments/14ggu0u/altcoins_performance_last_cycle/jp5fgqw/', "I like to live on the edge so I'm 100% in alts", '14ggu0u']]], ['u/Cinobite', 'I Signed up to Haru about a Month Ago....', 18, '2023-06-23 00:20', 'https://www.reddit.com/r/HaruInvest/comments/14ggxr9/i_signed_up_to_haru_about_a_month_ago/', '1/3 of my BTC and ETH, what makes it worse is that I started in crypto during ATHs, between Cefi going under and ETH fees crypto just feels like throwing money away. I have some low caps which if they 30x to previous highs MIGHT put me back where I started, making the past 2-4 years pointless', 'https://www.reddit.com/r/HaruInvest/comments/14ggxr9/i_signed_up_to_haru_about_a_month_ago/', '14ggxr9', [['u/mykeys71', 23, '2023-06-23 00:49', 'https://www.reddit.com/r/HaruInvest/comments/14ggxr9/i_signed_up_to_haru_about_a_month_ago/jp5iyoc/', 'I had my life savings in Haru (I know it was stupid). I had taken a pay cut at work so I thought I would collect a yield on all my BTC to make up the difference. I now can’t eat, sleep and have no idea how to tell my wife. I’m basically screwed and have lost my retirement.', '14ggxr9']]], ['u/briannaconetta', 'Seema’s gold outfit and bag at the end of Season 2 Episode 2', 43, '2023-06-23 02:48', 'https://www.reddit.com/r/Andjustlikethat/comments/14gka8z/seemas_gold_outfit_and_bag_at_the_end_of_season_2/', 'Was that bag a bitcoin Judith Lieber bag?!?!', 'https://i.redd.it/pidt0x4e0o7b1.jpg', '14gka8z', [['u/Which_way_witcher', 23, '2023-06-23 04:50', 'https://www.reddit.com/r/Andjustlikethat/comments/14gka8z/seemas_gold_outfit_and_bag_at_the_end_of_season_2/jp6d97w/', "Eh, looks like something country bumpkins wear on their big nights out in Chicago. Garish and blingy. Dress might have been fine on its own without that bag. \n\nSeema's first miss and it's a big one.", '14gka8z']]], ['u/kapliger', "Why does this sub celebrate Blackrock's BTC ETF application?", 50, '2023-06-23 03:32', 'https://www.reddit.com/r/Bitcoin/comments/14gl7zk/why_does_this_sub_celebrate_blackrocks_btc_etf/', 'I find it irritating that the community that pushes most for decentralisation, self-custody, morals & justice suddenly takes comfort in the fact that the largest, most evil asset management firm in the world files for a spot Bitcoin ETF.\nCan someone explain to me why this is positive for Bitcoin or "the people"?\n\nSimple conclusion from a neutral bystander would be that the majority of Bitcoiners doesn\'t give a damn about the principals of BTC, would switch up in a heartbeat & just wants to be up in terms of fiat, chasing the next pump, no matter which criminal entity supports their agenda. Doesn\'t exactly radiate veracity, does it?', 'https://www.reddit.com/r/Bitcoin/comments/14gl7zk/why_does_this_sub_celebrate_blackrocks_btc_etf/', '14gl7zk', [['u/Cereal_Killer001', 106, '2023-06-23 03:36', 'https://www.reddit.com/r/Bitcoin/comments/14gl7zk/why_does_this_sub_celebrate_blackrocks_btc_etf/jp64fqv/', 'bitcoin ETFs do not make sense nor should anyone buy them but I think the reason that people are excited is because it signals one of the largest financial institutions getting bitcoin on its balance sheet. This does multiple things. First, if BlackRock has bitcoin on its balance sheet, it legitimizes the asset to the public and could incentivize more major market movers to follow suit. Secondly, BlackRock has a TON of leverage with the SEC. As much as we hate the SEC, it is nice having a major market mover in your corner to help advocate for bitcoin.', '14gl7zk'], ['u/nigelwiggins', 12, '2023-06-23 03:53', 'https://www.reddit.com/r/Bitcoin/comments/14gl7zk/why_does_this_sub_celebrate_blackrocks_btc_etf/jp66f7x/', 'Number goes up. Not in it for the tech', '14gl7zk'], ['u/StumbleMyMirth', 33, '2023-06-23 03:58', 'https://www.reddit.com/r/Bitcoin/comments/14gl7zk/why_does_this_sub_celebrate_blackrocks_btc_etf/jp6746k/', 'Bitcoin is for everyone.', '14gl7zk'], ['u/399ddf95', 36, '20... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Photograph: Jon Nazca/Reuters A British man who took part in schemes to hack the Twitter accounts of celebrities, including Joe Biden and Elon Musk, was sentenced to five years in prison, the US attorney’s office announced on Friday. Related: Texas governor signs bill rescinding water breaks as deadly heat grips state Joseph James O’Connor, 24, pleaded guilty to cybercrime charges last month, nearly three years after he and others in his hacking group hijacked more than 130 Twitter accounts as part of a Bitcoin scam, including those of Apple, Uber, Kanye West, Bill Gates and Barack Obama. He also pleaded guilty to stealing $794,000 in virtual currency from a New York cryptocurrency company. O’Connor was arrested nearly two years ago in Spain for the July 2020 hack and extradited to the US in April. The charges he pleaded guilty to include conspiracy to commit computer intrusions, conspiracy to commit wire fraud and conspiracy to commit money laundering and stalking two victims, among others. Under the most serious of the charges, O’Connor faced up to 20 years in prison. In addition to serving five years in a US prison, O’Connor was also sentenced to three years of supervised release and ordered to pay $794,000. “O’Connor’s criminal activities were flagrant and malicious and his conduct impacted multiple people’s lives. He harassed, threatened and extorted his victims, causing substantial emotional harm,” Kenneth A Polite Jr, an assistant attorney general in the US justice department’s criminal division, said after O’Connor pleaded guilty last month. “Like many criminal actors, O’Connor tried to stay anonymous by using a computer to hide behind stealth accounts and aliases from outside the United States.” Two others have also been charged with federal crimes in the incident, including Nima Fazeli of Florida, and Mason Sheppard, who is from Bognor Regis in the UK. The alleged mastermind of the hacking group, the Florida teen Graham Ivan Clark, was sentenced to three years in juvenile prison in July 2021, the maximum allowed under state law. The attacks, which unfolded over the course of several hours in July 2020 , rocked Twitter and prompted the company to take the unprecedented measure of stopping all verified accounts from tweeting.', 'Photograph: Jon Nazca/Reuters A British man who took part in schemes to hack the Twitter accounts of celebrities, including Joe Biden and Elon Musk, was sentenced to five years in prison, the US attorney’s office announced on Friday. Related: Texas governor signs bill rescinding water breaks as deadly heat grips state Joseph James O’Connor, 24, pleaded guilty to cybercrime charges last month, nearly three years after he and others in his hacking group hijacked more than 130 Twitter accounts as part of a Bitcoin scam, including those of Apple, Uber, Kanye West, Bill Gates and Barack Obama. He also pleaded guilty to stealing $794,000 in virtual currency from a New York cryptocurrency company. O’Connor was arrested nearly two years ago in Spain for the July 2020 hack and extradited to the US in April. The charges he pleaded guilty to include conspiracy to commit computer intrusions, conspiracy to commit wire fraud and conspiracy to commit money laundering and stalking two victims, among others. Under the most serious of the charges, O’Connor faced up to 20 years in prison. In addition to serving five years in a US prison, O’Connor was also sentenced to three years of supervised release and ordered to pay $794,000. “O’Connor’s criminal activities were flagrant and malicious and his conduct impacted multiple people’s lives. He harassed, threatened and extorted his victims, causing substantial emotional harm,” Kenneth A Polite Jr, an assistant attorney general in the US justice department’s criminal division, said after O’Connor pleaded guilty last month. “Like many criminal actors, O’Connor tried to stay anonymous by using a computer to hide behind stealth accounts and aliases from outside the United States.” Two others have also been charged with federal crimes in the incident, including Nima Fazeli of Florida, and Mason Sheppard, who is from Bognor Regis in the UK. The alleged mastermind of the hacking group, the Florida teen Graham Ivan Clark, was sentenced to three years in juvenile prison in July 2021, the maximum allowed under state law. The attacks, which unfolded over the course of several hours in July 2020 , rocked Twitter and prompted the company to take the unprecedented measure of stopping all verified accounts from tweeting.', 'Warnings from the chemical sector on the outlook for earnings are piling up — just as worrying signs about global demand and economic growth begin to multiply across the board.\nJune has proved a bad month for chemical producers, with four European companies warning about their profit outlook for the rest of the year.This week, Lanxess joined Croda, K+S and Victrex in preparing investors for the impact of weak demand, tougher pricing, or destocking by customers. In the US, Cabot blamed softer global demand as it ditched its full-year forecast.\nWhether the worsening outlook for chemicals is a warning for the broader industrial or cyclical complex isn’t yet clear. But without substantial stimulus in China or signs that demand is picking up, caution could be warranted— especially at a time when optimistic investors have pushed their positioning in stocks back to elevated levels.\nIndustrial shares are usually closely correlated with chemicals and account for nearly 14% of the Stoxx 600, the largest sector weight in the European benchmark after health care. More broadly, economically driven cyclicals are about two-thirds of the market. Their earnings prospects are heavily linked to global growth, which has been driven by China for the past few years. But the Asian giant’s revival is faltering. In the past week, economists at Goldman Sachs, HSBC, Citi and Nomura are among those to have revised their China GDP growth forecasts lower for 2023, doubting that stimulus from Beijing could turn the tide.\n“Expectations have been too high about what China will be able to do on stimulus, as the Chinese government is more constrained compared to previous cycles relative to kick-starting the economy through just cutting interest rates or lowering reserve requirements for banks,”says Peter Garnry, head of equity strategy at Saxo Bank A/S.\nValuations remain a concern. The latest drop in chemical stocks has taken the premium on the sector’s price-to-earnings ratio over the broader European market back to its 10-year average of about 19%, after peaking at 40% last year. Industrials are still trading near a similar record premium of 40%, double the 10-year average.\nIn another worrying sign, troubles are expanding into the packaging sector, with Mayr-Melnhof Karton becoming the latest European company from the sector to issue a profit warning. This follows other paper and pulp sector warnings from companies including Billerud AB, UPM-Kymmene, and Stora Enso.\nEuropean cyclicals have brushed off weak macro-economic forecasts and surveys, thanks to hard data like GDP figures, which have held up well so far this year. Hopes of a soft landing and a peak in yields have supported stocks, while receding inflation has also helped.\nStill, other overall macro-economic readings give a less positive picture.Manufacturing PMIs remain in the doldrums, in sharp contrast with the expansion in services data this year. A debate rages over how this gap will close, with UBS strategists Gerry Fowler and Sutanya Chedda contending that services activity will be dragged lower.\n“European services new orders PMIs reversed quite sharply in May,” the UBS strategist say. “If this is a sign of emerging weakness in services demand, it could lead to more sector correlation and equity downside.”\n“The main disconnect that the market will need to grapple with revolves around the hopes of a soft landing, without much pain to profits, labor or credit, but at the same time the expectation that inflation will come down quickly,” says Vincent Rennella, Silex Investment Managers’ head of equity strategy, who is keeping his defensive stock allocation. “How can the consensus think that the worst of pressures is behind us, when the impact of monetary tightening historically worked with a lag, especially with a Fed that has not even stopped hiking?”\nBy Michael Msika, Bloomberg markets live reporter and strategist viaZerohedge.com\nMore Top Reads From Oilprice.com:\n• Rising Interest Rates And Inflation Threaten UK Manufacturing\n• Middle East Oil Prices Soar Amid Chinese Trading Frenzy\n• Can Quantum Computing Save Bitcoin From Itself?\nRead this article on OilPrice.com', 'Warnings from the chemical sector on the outlook for earnings are piling up — just as worrying signs about global demand and economic growth begin to multiply across the board. June has proved a bad month for chemical producers, with four European companies warning about their profit outlook for the rest of the year. This week, Lanxess joined Croda, K+S and Victrex in preparing investors for the impact of weak demand, tougher pricing, or destocking by customers . In the US, Cabot blamed softer global demand as it ditched its full-year forecast. Whether the worsening outlook for chemicals is a warning for the broader industrial or cyclical complex isn’t yet clear . But without substantial stimulus in China or signs that demand is picking up, caution could be warranted — especially at a time when optimistic investors have pushed their positioning in stocks back to elevated levels. Industrial shares are usually closely correlated with chemicals and account for nearly 14% of the Stoxx 600, the largest sector weight in the European benchmark after health care. More broadly, economically driven cyclicals are about two-thirds of the market. Their earnings prospects are heavily linked to global growth, which has been driven by China for the Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-24 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $593,739,946,069 - Hash Rate: 379943751.2420316 - Transaction Count: 361437.0 - Unique Addresses: 683837.0 Social & AI Sentiment: - Fear & Greed Index: 0.62 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: While other investors piled out of Coinbase stock ( COIN ), Cathie Wood's Ark Invest cashed in. Wood’s flagship fund, the ARK Innovation ETF ( ARKK ), bought more than 400,000 shares of the crypto exchange on Tuesday, worth over $20 million as of yesterday's close, according to a daily trade notification. The purchase came on the heels of the Securities and Exchange Commission's (SEC) lawsuit against the crypto firm, which sent shares of Coinbase lower by as much as 16%. On Wednesday, Coinbase stock rebounded by more than 3% in afternoon trading following the revelation, while shares of ARKK were down by 1%. Wood has been a longtime proponent of crypto , and Ark Invest has largely continued to build its stake in Coinbase despite increased regulatory scrutiny (though it did sell some stock last July when the SEC announced its investigation into crypto exchange). On Tuesday, Ark saw another buying opportunity as Coinbase stock took a beating after the SEC expanded its crackdown on crypto. The SEC filed a lawsuit alleging Coinbase violated securities laws by operating its crypto asset trading platform as an unregistered securities exchange, broker, and clearing agency as well as by failing to register the offer and sale of its crypto asset staking-as-a-service program. Coinbase took to Twitter to defend itself against the SEC’s allegations. Co-founder and CEO Brian Armstrong outlined several points in response to the legal action, tweeting : "The SEC and CFTC have made conflicting statements, and don't even agree on what is a security and what is a commodity." Regarding the SEC complaint against us today, we're proud to represent the industry in court to finally get some clarity around crypto rules. Remember: 1. The SEC reviewed our business and allowed us to become a public company in 2021. 2. There is no path to "come in and… — Brian Armstrong 🛡️ (@brian_armstrong) June 6, 2023 Mark Palmer, senior equity research analyst at Berenberg Capital Markets, told Yahoo Finance (video above) that the crackdown on Coinbase shouldn't have come as a surprise and that "the upshot here is that the dragnet that the SEC has put out against crypto continues." Story continues SEC comes for crypto Coinbase isn't the only big player landing in the crosshairs of federal regulators; the action by the SEC marks the second time in as many days that the agency has leveled legal charges against crypto companies. On Monday, the target was Coinbase's rival Binance. The SEC filed a complaint alleging that Binance operated illegal platforms to offer and sell crypto asset securities to US investors, among other violations. The SEC followed up its action against Binance on Tuesday evening by seeking a court order to freeze and repatriate the assets of two of its units. Cathie Wood, CEO of Ark Invest, speaks during a panel discussion at a Bitcoin Conference, April 7, 2022, in Miami Beach, Fla. (AP Photo/Rebecca Blackwell) (ASSOCIATED PRESS) Regulators have followed through with their threat of cracking down on crypto, particularly in the wake of the collapse of FTX in November 2022. At the heart of the issue, crypto players argue that tokens are not securities, whereas the SEC disagrees. "The one thing that was a bit of a twist [in the Coinbase lawsuit] is the fact that the SEC focused on 13 tokens in particular that it identified as securities that Coinbase trades," Palmer said. "Big names in there — solana, cardano, polygon, as well as 10 others that are less well known." While the enforcement actions are not "ideal," according to Moffett Nathanson Partner Lisa Ellis, they are a "necessary" step toward crypto adoption. "We've needed regulatory clarity in the United States for many years now," Ellis told Yahoo Finance Live. "And the SEC in some ways has been sort of holding the industry hostage over the last year, year and a half by sort of trickling out these enforcement actions but not having a constructive dialogue about what issues they're really concerned about or not and kind of narrowing that and moving it forward in terms of establishing the right set of regulations." 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... - 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: ['Investing.com -- Inflation data from the U.S. and the eurozone will help shape expectations for interest rates while central bankers gather in Portugal for the European Central Bank’s annual forum. Economic data out of China will also be in the spotlight as the recovery in the world’s number two economy falters, and events in Russia will also be closely watched after an attempted insurrection challenged President Vladimir Putin\'s grip on power.\nInvestors will get a fresh update on the possible future path of interest rates on Friday with the release of May data on the personal consumption expenditures price index, the Federal Reserve’s preferred inflation gauge.\nIn the 12 months through April, thePCE price indexas well as thecore ratewere still running well above the Fed’s 2% target.\nThe inflation numbers will feed into investor expectations around the central bank\'s next rate decision in July after it paused rate hikes at its June meeting but signaled that more hikes lie ahead.\nPrior to that, the latestconsumer confidencereport is due out Tuesday after the index hit a six-month low in May. June\'s index is expected to tick higher.\nTheCase-Shiller national home price indexis also due for release on Tuesday. The index climbed 0.4% in March after adjusting for seasonal fluctuations.\nThe second quarter of what has been a turbulent year so far for markets is ending. The year started with a burst of optimism over China\'s post-COVID recovery, greater resilience in the global economy; and relief that inflation could have peaked.\nSince then, a U.S. banking crisis, the collapse of Credit Suisse, and the struggle to rein in inflation has made the last six months feel like a long time in markets.\nThe hype around artificial intelligence (AI) has made Big Tech the best-performing asset of 2023, with a gain of 75%. But it\'s been difficult year for the rest of the market, other than in specific pockets such as Japanese equities and European luxury stocks.\nSurprisingly, considering the turmoil in the sector, the only asset to even come close to Big Tech\'s returns is Bitcoin, which saw a gain of 73% compared with a 20% loss in H2 2022.\nThe eurozone is to releasepreliminary inflation datafor June on Friday. And while the headline rate of inflation is expected to moderate,underlying inflationis expected to tick higher, underlining the challenge facing the ECB.\nECB President Christine Lagarde struck a more hawkish tone than expected following the bank\'s most recent policy meeting, reiterating that rates would need to be increased again in order to bring inflation down to the ECB\'s 2% target and that they "will be kept at those levels for as long as necessary."\nTraders are now betting on a July hike by the ECB and expect another move by October that would bring rates to 4%.\nInvestors will get a chance to hear from Lagarde, along with Fed Chair Jerome Powell and other global central bank heads, at a panel discussion at the ECB’s annual forum in Sintra, Portugal on Wednesday. Inflation is likely to be front and center during that exchange.\nChina is to releasepurchasing manager indexesfor June on Friday, with the data expected to add to the narrative that the recovery in the world’s second-largest economy is losing momentum.\nChina cut its key lending benchmarks last week as authorities attempted to shore up growth, but concerns about the property market meant the easing was not as large as expected.\nBad news could be taken as a positive, if traders see it as a way of pushing authorities to offer more support to the economy - as long as it eventually arrives.\nBut if hopes are running high, patience is wearing thin: Several global investment banks cut their 2023 gross domestic product growth forecasts for China after May economic data missed forecasts.\nInvestors will be keeping an eye on developments in Russia amid concerns over the potential impact on safe-haven assets such as U.S. Treasuries, and on commodities prices, after an attempted insurrection on Saturday.\nRussian mercenariesled by Yevgeny Prigozhin, a former ally of Putin and founder of the Wagner army, advanced most of the way to Moscow after capturing the city of Rostov before they abruptly halted their approach.\n"It certainly remains to be seen what happens in the next day or two, but if there remains uncertainty about leadership in Russia, investors may flock to safe havens," Gennadiy Goldberg, head of U.S. rates strategy at TD Securities in New York, told Reuters.\nGoldberg said that despite the deescalation, "investors may remain nervous about subsequent instability, and could remain cautious."\nOther analysts saw little reaction as the situation seemed defused. Rich Steinberg, chief market strategist at the Colony Group in Boca Raton, Florida, told Reuters that "markets will kind of treat this as another geopolitical risk" and "some frayed nerves were calmed in the short run" by the deescalation.\n--Reuters contributed to this report\nRelated Articles\nTop 5 things to watch in markets in the week ahead\nThai rates still low, tightening to be gradual, says central bank official\nBIS warns world economy at critical juncture in inflation fight', 'Investing.com -- Inflation data from the U.S. and the eurozone will help shape expectations for interest rates while central bankers gather in Portugal for the European Central Bank’s annual forum. Economic data out of China will also be in the spotlight as the recovery in the world’s number two economy falters, and events in Russia will also be closely watched after an attempted insurrection challenged President Vladimir Putin\'s grip on power. 1. U.S. data Investors will get a fresh update on the possible future path of interest rates on Friday with the release of May data on the personal consumption expenditures price index, the Federal Reserve’s preferred inflation gauge. In the 12 months through April, the PCE price index as well as the core rate were still running well above the Fed’s 2% target. The inflation numbers will feed into investor expectations around the central bank\'s next rate decision in July after it paused rate hikes at its June meeting but signaled that more hikes lie ahead. Prior to that, the latest consumer confidence report is due out Tuesday after the index hit a six-month low in May. June\'s index is expected to tick higher. The Case-Shiller national home price index is also due for release on Tuesday. The index climbed 0.4% in March after adjusting for seasonal fluctuations. 2. First half drawing to a close The second quarter of what has been a turbulent year so far for markets is ending. The year started with a burst of optimism over China\'s post-COVID recovery, greater resilience in the global economy; and relief that inflation could have peaked. Since then, a U.S. banking crisis, the collapse of Credit Suisse, and the struggle to rein in inflation has made the last six months feel like a long time in markets. The hype around artificial intelligence (AI) has made Big Tech the best-performing asset of 2023, with a gain of 75%. But it\'s been difficult year for the rest of the market, other than in specific pockets such as Japanese equities and European luxury stocks. Story continues Surprisingly, considering the turmoil in the sector, the only asset to even come close to Big Tech\'s returns is Bitcoin, which saw a gain of 73% compared with a 20% loss in H2 2022. 3. Eurozone inflation The eurozone is to release preliminary inflation data for June on Friday. And while the headline rate of inflation is expected to moderate, underlying inflation is expected to tick higher, underlining the challenge facing the ECB. ECB President Christine Lagarde struck a more hawkish tone than expected following the bank\'s most recent policy meeting, reiterating that rates would need to be increased again in order to bring inflation down to the ECB\'s 2% target and that they "will be kept at those levels for as long as necessary." Traders are now betting on a July hike by the ECB and expect another move by October that would bring rates to 4%. Investors will get a chance to hear from Lagarde, along with Fed Chair Jerome Powell and other global central bank heads, at a panel discussion at the ECB’s annual forum in Sintra, Portugal on Wednesday. Inflation is likely to be front and center during that exchange. 4. China PMIs China is to release purchasing manager indexes for June on Friday, with the data expected to add to the narrative that the recovery in the world’s second-largest economy is losing momentum. China cut its key lending benchmarks last week as authorities attempted to shore up growth, but concerns about the property market meant the easing was not as large as expected. Bad news could be taken as a positive, if traders see it as a way of pushing authorities to offer more support to the economy - as long as it eventually arrives. But if hopes are running high, patience is wearing thin: Several global investment banks cut their 2023 gross domestic product growth forecasts for China after May economic data missed forecasts. 5. Russia turmoil Investors will be keeping an eye on developments in Russia amid concerns over the potential impact on safe-haven assets such as U.S. Treasuries, and on commodities prices, after an attempted insurrection on Saturday. Russian mercenaries led by Yevgeny Prigozhin, a former ally of Putin and founder of the Wagner army, advanced most of the way to Moscow after capturing the city of Rostov before they abruptly halted their approach. "It certainly remains to be seen what happens in the next day or two, but if there remains uncertainty about leadership in Russia, investors may flock to safe havens," Gennadiy Goldberg, head of U.S. rates strategy at TD Securities in New York, told Reuters. Goldberg said that despite the deescalation, "investors may remain nervous about subsequent instability, and could remain cautious." Other analysts saw little react Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-25 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $593,359,535,381 - Hash Rate: 398160232.4659646 - Transaction Count: 382769.0 - Unique Addresses: 656558.0 Social & AI Sentiment: - Fear & Greed Index: 0.64 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Xapo Bank, a Gibraltar-based cryptocurrency bank backed by SoftBank, DST Global and Ribbit Capital, has announced its expansion to India, the worlds most populous nation. See related article: JPMorgan teams up with Indian banks for blockchain-based settlements: Bloomberg Fast facts Xapo Bank said on Thursday that it has started offering its full suite of crypto and financial services to Indian customers. Xapo Bank offers 4.1% annual interest on U.S. dollar deposits and 1% on Bitcoin, with daily payouts in satoshis, according to its website. The bank allows crypto-to-fiat conversions, immediate stablecoin-to-fiat exchanges, and facilitates British pound or euro transfers. Xapo Banks decision to accept members across South Asia, including India, represents an opportunity to provide our hybrid banking and investment solutions to its large underserved populations, bridging an important gap in the regions financial systems, Seamus Rocca, chief executive of Xapo Bank, said in a statement on Thursday. Attracting about US$15.5 billion in total foreign inflows between January and March this year, India, home to 1.4 billion people, presents a lucrative investment opportunity. Fitch Ratings further boosted investor confidence on Thursday by revising Indias economic growth forecast to 6.3%, up from an earlier 6%. Asias third-largest economy has also managed to put up a strong fight amid a slowing global economy. For the January to March quarter of 2023, Indias gross domestic product grew by 6.1%, while that of China , the worlds second largest economy, grew by 2.2% in January-March. However, India has been cautious with cryptocurrency trading. The South Asian nation imposes a 30% flat tax on crypto income, a 1% tax deducted at source on trades above 10,000 rupees (US$122), and forbids offsetting losses against gains. Late payment invites a 15% annual interest penalty and possible imprisonment for up to six months. See related article: India, UAE to collaborate on cross-border central bank digital currencies... - 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 an enlightening interview hosted by Justin Roberti and myself, J Rod Safdiye , at the Benzinga Crypto Unlocked virtual event, we dove deep into the future of W eb3 gaming with Jihoz , the co-founder of Axie Infinity (CRYPTO: AXS ) and Sky Mavis . The conversation spanned an array of topics,\xa0from the merits of gaming as an introduction to Web3, the fluctuations of Web3 gaming economies, to the potential of dynamic NFTs. Jihoz shared a wealth of knowledge about the rapidly evolving landscape of Web3 gaming and NFTs. Gaming as the Gateway to Web3 Jihoz believes games are the best vehicle for onboarding people to Web3. He explained, "Our thesis is that games are the best way to onboard people to Web3 because it combines something that 2\xa0billion people on this planet are familiar with." His comments during the Benzinga event underscored the importance of gaming as an entry point into the burgeoning Web3 space. See Also: Analyst Says Bitcoin Is Facing This Massive Headwind As It Hovers Above $30,000 The Ebb and Flow of Play-to-Earn Web3 Gaming Economies When queried about how the\xa0"play to earn" narrative matured during this bear market, Jihoz responded by saying, "Play to earn was a very good catchphrase and that it very simplified one of the new benefits of a Web3 gaming economy." "What I believe is that the profits and the economic opportunities in these digital economies will ebb and flow, just like Bitcoin mining profitability ebbs and flows," he articulated. His analogy between the crypto mining industry and Web3 gaming illustrated\xa0the parallel economic forces at play, further emphasizing the potential and risks, and benefits of play-to-earn games in the web3 realm. Extending the Axie Universe: A Look at Axie Infinity Homeland Shedding\xa0light on the expansion of the Axie brand, Axie\xa0now includes Axie Infinity Homeland, an immersive city-building experience set within the Axie universe. "Axie Infinity Homeland is absolutely beautiful. It\'s gorgeous, and it\'s in Alpha right now," Jihoz revealed to the Benzinga audience. Story continues See Also: JPMorgan Says Sustainable Energy Will Be A Game-Changer In Bitcoin Mining Ronin: The Future of Web3 Gaming Infrastructure On expanding the horizons of Ronin (CRYPTO:RON) , the infrastructure behind Axie Infinity, Jihoz shared that they had just announced five games from outside the Axie universe powered by Ronin. "The best Web3 gaming infrastructure will be built by the team that\'s actually built Web3 games and has successfully scaled them," he stated confidently. Speaking about the evolution of Ronin, Jihoz illustrated how their homegrown infrastructure is attracting game developers beyond Axie Infinity. "We just announced five games from outside of the Axie universe that are actually going to be built and powered by Ronin," he mentioned, signaling the increasing versatility of the platform. The North Korean Breach: Recoveries and User Restoration Reflecting on last year\'s breach by North Korean actors, Jihoz opened up about the steps taken to restore user confidence and compensate for losses. Jihoz proudly stated that all users had been fully reimbursed for their losses.\xa0"We were able to weather it, everyone was paid back fully," he assured, highlighting the importance of security in the rapidly evolving Web3 space. "One thing that\'s been really exciting is that actually, you know, up to $30 to $40 million of those funds have been recovered by different law enforcement agencies," he explained. The Future of Gaming and NFTs: Dynamic NFTs Looking ahead, Jihoz hopes to see more innovations and new mechanics that aren\'t possible in traditional gaming. "I think the question to ask is what is the major breakthrough in Web3 gaming that someone is working on right now," he pondered, suggesting the idea of dynamic NFTs, where an NFT can be altered or upgraded by player\'s efforts, as one possible future breakthrough. Looking to the future, Jihoz believes dynamic NFTs represent a significant breakthrough. "I think one idea is the idea of a dynamic NFT where you can put your time, your effort, your skill into earning, crafting materials, experience points," he shared. These dynamic elements, Jihoz suggested, could cultivate a more sustainable consumptive economy in the gaming industry. Without a doubt, Jihoz is an authority when it comes to developing projects in a Web3 environment. He has succeeded in cultivating a principled and\xa0united community, reflecting his own character. The fact that he compensated all the affected users speaks volumes about the quality of leadership found in him. Certainly, the entire crypto community will continue to benefit from the developments that Axie Infinity, Sky Mavis\xa0and Ronin have to present to us in the near future. Join Benzinga\'s Future of Crypto in NYC on Nov. 14, 2023 to stay updated on trends like AI, regulations, SEC actions & institutional adoption in the crypto space. Secure early bird discounted tickets now ! 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 . This article EXCLUSIVE: Axie Infinity\'s Co-Founder Discusses GameFi Success and Future Plans at Crypto Unlocked originally appeared on Benzinga.com . © 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'In an enlightening interview hosted byJustin Robertiand myself,J Rod Safdiye, at theBenzinga Crypto Unlockedvirtual event, we dove deep into the future ofWeb3gaming withJihoz, the co-founder ofAxie Infinity (CRYPTO:AXS)andSky Mavis. The conversation spanned an array of topics,\xa0from the merits of gaming as an introduction to Web3, the fluctuations of Web3 gaming economies, to the potential of dynamic NFTs. Jihoz shared a wealth of knowledge about the rapidly evolving landscape of Web3 gaming and NFTs.\nJihoz believes games are the best vehicle for onboarding people to Web3. He explained, "Our thesis is that games are the best way to onboard people to Web3 because it combines something that 2\xa0billion people on this planet are familiar with." His comments during the Benzinga event underscored the importance of gaming as an entry point into the burgeoning Web3 space.\nSee Also:Analyst Says Bitcoin Is Facing This Massive Headwind As It Hovers Above $30,000\nWhen queried about how the\xa0"play to earn" narrative matured during this bear market, Jihoz responded by saying, "Play to earn was a very good catchphrase and that it very simplified one of the new benefits of a Web3 gaming economy.""What I believe is that the profits and the economic opportunities in these digital economies will ebb and flow, just like Bitcoin mining profitability ebbs and flows," he articulated. His analogy between the crypto mining industry and Web3 gaming illustrated\xa0the parallel economic forces at play, further emphasizing the potential and risks, and benefits of play-to-earn games in the web3 realm.\nShedding\xa0light on the expansion of the Axie brand, Axie\xa0now includes Axie Infinity Homeland, an immersive city-building experience set within the Axie universe. "Axie Infinity Homeland is absolutely beautiful. It\'s gorgeous, and it\'s in Alpha right now," Jihoz revealed to the Benzinga audience.\nSee Also:JPMorgan Says Sustainable Energy Will Be A Game-Changer In Bitcoin Mining\nOn expanding the horizons ofRonin (CRYPTO:RON), the infrastructure behind Axie Infinity, Jihoz shared that they had just announced five games from outside the Axie universe powered by Ronin. "The best Web3 gaming infrastructure will be built by the team that\'s actually built Web3 games and has successfully scaled them," he stated confidently.\nSpeaking about the evolution of Ronin, Jihoz illustrated how their homegrown infrastructure is attracting game developers beyond Axie Infinity. "We just announced five games from outside of the Axie universe that are actually going to be built and powered by Ronin," he mentioned, signaling the increasing versatility of the platform.\nReflecting on last year\'s breach by North Korean actors, Jihoz opened up about the steps taken to restore user confidence and compensate for losses. Jihoz proudly stated that all users had been fully reimbursed for their losses.\xa0"We were able to weather it, everyone was paid back fully," he assured, highlighting the importance of security in the rapidly evolving Web3 space.\n"One thing that\'s been really exciting is that actually, you know, up to $30 to $40 million of those funds have been recovered by different law enforcement agencies," he explained.\nLooking ahead, Jihoz hopes to see more innovations and new mechanics that aren\'t possible in traditional gaming. "I think the question to ask is what is the major breakthrough in Web3 gaming that someone is working on right now," he pondered, suggesting the idea of dynamic NFTs, where an NFT can be altered or upgraded by player\'s efforts, as one possible future breakthrough.\nLooking to the future, Jihoz believes dynamic NFTs represent a significant breakthrough. "I think one idea is the idea of a dynamic NFT where you can put your time, your effort, your skill into earning, crafting materials, experience points," he shared. These dynamic elements, Jihoz suggested, could cultivate a more sustainable consumptive economy in the gaming industry.\nWithout a doubt, Jihoz is an authority when it comes to developing projects in a Web3 environment. He has succeeded in cultivating a principled and\xa0united community, reflecting his own character. The fact that he compensated all the affected users speaks volumes about the quality of leadership found in him. Certainly, the entire crypto community will continue to benefit from the developments that Axie Infinity, Sky Mavis\xa0and Ronin have to present to us in the near future.\nJoin Benzinga\'s Future of Crypto in NYC on Nov. 14, 2023 to stay updated on trends like AI, regulations, SEC acti Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-26 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $587,695,160,275 - Hash Rate: 379943751.2420316 - Transaction Count: 403979.0 - Unique Addresses: 692095.0 Social & AI Sentiment: - Fear & Greed Index: 0.55 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Proving that economics is more an art than a science, Federal Reserve Chairman Jerome Powell said the central bank will "skip" a round of rising interest rates. This left market analysts to debate the meaning of the word. For the first time in over a year, the Federal Reserve has decided to stay the course by keeping rates at about 5%, breaking its streak of 10 consecutive interest rate hikes. However, Powell has left open the door to further hawkish rate increases, clarifying that he shouldnt call it a skip. What would the market think? This is an excerpt from The Node newsletter, a daily roundup of the most pivotal crypto news on CoinDesk and beyond. You can subscribe to get the full newsletter here . Despite the Feds decision to pull back on the most aggressive monetary policy strategy in the U.S. since the 1980s, stocks and crypto crumbled after the press conference. For many, Powells slip of the tongue all but guarantees the Fed will continue to raise interest rates this year, likely as early as July, in a bid to cool the economy. Powell said signs show inflation appears to be easing, finally, and will use this pause to assess the impact of the Feds strategy. I dont envy Powells job to navigate an economy out of a global pandemic, which contributed to consumer price inflation spiking to 40-year highs of over 9%, as a regional war cut the global supply of necessities like wheat and oil. But the experimental economic rejiggering at the Fed is already one for the history books. Given how far we have come, it may make sense for rates to move higher but at a more moderate pace, Powell said, confirming the Fed intends to move more slowly after a breakneck pace. Its just the idea that were trying to get this right. For many, however, Powell has already gone wrong. Its widely believed that the Feds financial engineering contributed to the collapse of three U.S. banks earlier this year including the second-largest bank failure on record in the U.S. by cratering the value of U.S. Treasury bonds. Backed by the full faith and credit of the U.S. government, Treasurys are considered the safest investment in the world. This banking distress could continue to weigh on the economy. Story continues Then there are the effects on everyday folk. According to a WalletHub survey (between May 29 and June 2) two-in-five people say Fed rate hikes are forcing them into more debt, and putting their jobs at risk. Part of the Feds strategy of cooling an overheated economy is by increasing unemployment. WalletHub projects further that the Feds cumulative rate hikes of 500 basis points will translate into consumers paying $33.4 billion in extra interest charges over the coming year. Borrowing costs are the highest in years and mortgage rates have been volatile and even if inflation has technically come down. People still report paying more than ever for groceries, healthcare, etc. Powell is at least candid about the difficulties ahead of trying to push inflation down to the Feds standard 2% target. The process of getting inflation down is going to be a gradual one, he said. Though he thinks the right conditions for that are coming into place. Whether that translates into less economic anxiety is another question. Its worth noting the stock market recently entered a bull market (as have most assets, besides crypto), which is a ringer for populist rage considering who owns the majority of stocks (i.e. not the people hurt most by higher consumer prices). See also: Bitcoin Sinks Below 25K, Altcoins Tumble, as Investors Shrug Off Fed To put a bow on this, because this is a crypto news site, there was a time when bitcoin advocates really seemed to think that government mismanagement or incompetence would drive people into the fold. If that was ever true, perhaps around when you could still call bitcoin an inflation hedge, adoption likely only happened around the margins. Bitcoin traded flat during the recent U.S. debt default debate if ever there was a time for a hedge, or a currency with a predicable issuance schedule. In the U.S., its hard to see bitcoin treated as anything more than a curiosity at least in the short term. But these things are relative. In places like Turkey and Argentina, bitcoin adoption continues to outpace those countries inflation. In other words, its a "hard money" depending on what currency youre using. I guess that's why they call economics a "soft science."... - Reddit Posts (Sample): [['u/PrimaxAUS', 'Looks like someone is targetting us with a new scam', 20, '2023-06-26 01:58', 'https://www.reddit.com/r/mtgoxinsolvency/comments/14j1gxm/looks_like_someone_is_targetting_us_with_a_new/', 'Anyone get this message?\n\n>Brace up mate ,it really sucks how these scumbags are ruining our daily experience if you have any evidence at all to prove this go message @decipherbyace on instagram I got affected by MTgox exchange wallet hack attack but I was able to recover my BTC at least when I reached out to a blockchain developer expert on instagram @ decipherbyace i suggest you reach out to him, He will help you.\n\nWas from a 6 month old account, no karma. Username kelly-clarkson', 'https://www.reddit.com/r/mtgoxinsolvency/comments/14j1gxm/looks_like_someone_is_targetting_us_with_a_new/', '14j1gxm', [['u/ValdemarrPlanB', 14, '2023-06-26 03:08', 'https://www.reddit.com/r/mtgoxinsolvency/comments/14j1gxm/looks_like_someone_is_targetting_us_with_a_new/jpj9iy6/', 'I got the same from a u/Kelly-Carlson, really transparent scam. Please no one fall for this.', '14j1gxm']]], ['u/SilverHaloWave', "What crypto enthusiasts haven't figured out yet is that their Bitcoins and shitcoins are not destined to be priced in dollars, Yuan, Yen or Euros for much longer. BRICS will cause the core values of everything to be linked to commodity monies.", 47, '2023-06-26 04:52', 'https://www.reddit.com/r/SilverDegenClub/comments/14j5626/what_crypto_enthusiasts_havent_figured_out_yet_is/', "Whether the narrative core commodity money becomes oil, gold or orange juice the dominant play will be in the commodity with the highest inelastic demand and lowest supply. I'll give you 3 guesses which commodity that is. If you can't correctly guess what that is then I have some neck lubricant to sell you so you can ease your head out of where it is currently lodged.", 'https://www.reddit.com/r/SilverDegenClub/comments/14j5626/what_crypto_enthusiasts_havent_figured_out_yet_is/', '14j5626', [['u/EndTheFed41', 17, '2023-06-26 05:05', 'https://www.reddit.com/r/SilverDegenClub/comments/14j5626/what_crypto_enthusiasts_havent_figured_out_yet_is/jpjn4ja/', 'I got shit on the other day in r/gold for saying that the soon to be new BRICS currency should be of concern for the dollar. Of all the places to get flak for that opinion - 🤦🏻\u200d♂️\n\nUnfortunately, I think a lot of people are in for a surprise coming down the road. It won’t be a fast and overnight change, but if it’s not registering on your radar, best of luck. It’s part of the reason I’m here.', '14j5626']]], ['u/AutoModerator', '[Daily Discussion] - Monday, June 26, 2023', 32, '2023-06-26 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_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\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/', '14j6j57', [['u/jonathan2827', 17, '2023-06-26 07:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpjydgw/', 'My dog just bought BTC', '14j6j57'], ['u/ubermensch012', 12, '2023-06-26 08:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpk76ix/', "Daily about to go parabolic. Weekly closed above our April high (current weekly bounced on top of it too). \n\ntook my profit from previous trade 2 weeks ago and longed the 4-hr 21ema as posted earlier\n\nhttps://www.reddit.com/r/BitcoinMarkets/comments/1485w96/daily_discussion_tuesday_june_13_2023/jnzayom/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=1&utm_term=1&context=3\n\nhttps://www.reddit.com/r/BitcoinMarkets/comments/14ic87j/daily_discussion_sunday_june_25_2023/jpiet0p/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=1&utm_term=1&context=3\n\nOnly thing that can make me flip bias is if we're to close a daily below $30k. \n\nMost alts already capitulated, so I'm extremely bullish on my shitcoins. BTC conquering $30k+ will drive some action into the market again (risk-on and dumb money fomo)", '14j6j57'], ['u/BatteredLittleFish', 20, '2023-06-26 09:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpk95wk/', 'Buying pressure is relentless, the last dip below 30k was scooped up in a matter of seconds, 30k is starting to look like the new 20k.', '14j6j57'], ['u/Yodel_And_Hodl_Mode', 15, '2023-06-26 10:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpkfb1o/', "> Daily about to go parabolic.\n\nI'm not seeing that. Not without a major event to serve as a catalyst.\n\nI'm not bearish at all though. I'm long term bullish, short to medium term Baltimore-ish (crab is on the menu). I won't be surprised if we see a move in either direction... but parabolic? No.", '14j6j57'], ['u/DarthVarn', 10, '2023-06-26 10:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpkfyi3/', 'Tax free event. Good boy. 🐶', '14j6j57'], ['u/ChadRun04', 22, '2023-06-26 11:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpkhxy3/', "No one is saying you're stupid. Personally I'm simply finding all this emotion from you to be strange.\n\nI have tuned into your time-frame now and understand better that you're scalping in the range when talking about downtrends etc. \n\nSeems you're making decisions mostly based on sentiment?", '14j6j57'], ['u/adepti', 15, '2023-06-26 12:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpkonuw/', 'I can’t help but to think if you cut off leverage trading and long short scalps all together your accounts will fare much better, your cortisol and dopamine levels might normalize again and in a few months you’ll be far more profitable with much less work just by sitting on spot longs', '14j6j57'], ['u/noeeel', 14, '2023-06-26 13:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpkpt6z/', 'If we stay below 31.5k for the next 3-4 weeks we will have the tightest weekly bbands since at least 2018. That means a lot of pressure emerged in the market.', '14j6j57'], ['u/Gravy_Vampire', 10, '2023-06-26 14:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpkv40p/', '> I’m a degen leverage trader, had trades open for less than a minute before but I’m starting to mellow as I gain experience and get older.\n\n>To me trading isn’t about how good you do the good things, it’s how much you limit yourself doing the bad things.\n\nOh wow, is the writers strike over? 😁', '14j6j57'], ['u/BootyPoppinPanda', 16, '2023-06-26 14:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpkwz4r/', "Just crabbing in the 25-32k range is my base case. I think it's more likely to break out of that upwards, but each time we get rejected, it's not the best look. I wouldn't count this as rejected either, just tapping on the door right now", '14j6j57'], ['u/AccidentalArbitrage', 18, '2023-06-26 14:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpkztmx/', "Agree with Chad on this one.\n\nFor an outside perspective, lately you seem to repeatedly try to taunt and flex on longs in here daily after the recent move up. It's puzzling. A lot of traders in here trade the daily, weekly, or longer tf charts while you're zoomed in to the 1min chart playing on leverage and you've admitted to booking losses recently. Both you in the short term, and them in the long term, can be right, so why all the back and forth?\n\nI understand your trading position, and could even be persuaded to agree with it in the (very) short term, but I don't understand the overconfident exuberance and I think that's where the downvotes are coming from. Is it a coping mechanism?\n\nEither way, good luck mate.", '14j6j57'], ['u/ImpudicusFungus', 11, '2023-06-26 18:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jplt8mw/', 'I think you forget that he is preaching $10k BTC which is not going to happen IMO', '14j6j57'], ['u/escendoergoexisto', 10, '2023-06-26 19:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jplzcad/', 'Out of boredom and belief in the Corn, I’ve been buying spot for my hodl stack on this dip…no big buys but several small ones.\n\nEdit—mostly using a Volume Weighted Average Price indicator to determine buy targets.', '14j6j57'], ['u/delgrey', 10, '2023-06-26 19:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpm1ka5/', 'So we doin 25k again?', '14j6j57'], ['u/comicland', 11, '2023-06-26 21:40', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpmnl02/', "On the road. What's going on with volume?", '14j6j57'], ['u/imissusenet', 11, '2023-06-26 22:08', 'https://www.reddit.com/r/BitcoinMar... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Solana, Polygon, Cardano, and other tokens being dragged into the court battles by the Security and Exchange Commission (SEC) have lost 15%, or $5 billion, off their collective market capitalizations, according to a Decrypt analysis of CoinGecko data. On June 5 and June 6, the SEC filed lawsuits against Binance and Coinbase \x97two of the largest crypto exchanges in the industry. Among the charges leveled at the two exchanges were allegations they were selling unregistered securities . The industry wasted no time calling the declarations \x93 pretty unfair ,\x94 But that hasn't stopped the tokens from taking some collateral damage. SEC Claims Solana, Polygon, Cardano Are Securities in Binance Lawsuit According to the SEC\x92s lawsuits against Binance and Coinbase, a handful of cryptocurrencies were named, including: Solana (SOL), Cardano (ADA), Polygon (MATIC), Filecoin (FIL), Cosmos Hub (ATOM), The Sandbox (SAND), Decentraland (MANA), Algorand (ALGO), Axie Infinity (AXS), and COTI (COTI). On June 12, a week after the SEC lawsuits were filed, Messari Crypto published its Ecosystem Brief: Rollup Specialization report. Messari's emerging markets category, which includes many of the projects labeled securities by the SEC, showed a 25% drop since the lawsuits were filed. But a handful have already started to make a recovery. Filecoin and Algorand are both within 2% of the market capitalizations they had when the lawsuits were filed. The Cosmos ATOM token has a 5% gap to close. The rest haven't been as lucky. Binance has been suffering an especially harsh regulatory clampdown around the world, with authorities closing in on the platform in several countries. That's likely why its exchange utility token, BNB, has seen its market capitalization drop 21% in value, going from $47 billion to $37 billion since the SEC lawsuit was filed. Charles Hoskinson\x92s Cardano also saw its market capitalization plummet. The 8th largest asset on Coingecko is currently trading at $0.29, with a market cap of $10 billion\x97down 17% from when the SEC lawsuits were filed. Story continues Picking and Choosing Tokens to Prosecute Is 'Pretty Unfair,' Says Former SEC Cyber Chief Polygon has struggled the most to recover from the blow dealt by the SEC. Today it holds roughly $6 billion in market value, down 20% from the $8 billion market cap it had at the start of th emoney. The token, according to Coingecko , trades at $0.66 today. Some assets marked by Messari as emerging tokens were not included in the SEC\x92s lawsuit, but still suffered losses. Avalanche ( AVAX ), albeit one of the biggest winners in last week\x92s bullish rally, has seen its market cap drop roughly 6% since the lawsuits were filed and is currently sitting at $4.6 billion. Optimism ( OP ), on the other hand, shed 17.5% of its total market cap over the same period and was sitting at $855 million as of writing. Keep in mind, however, that despite these important drops in token prices, the crypto market has been on a bullish rally over the past week. The BlackRock Rally , so-named due to the traditional finance titan\x92s filing for a spot Bitcoin ETF last week, pushed Bitcoin, the number one cryptocurrency, over $31,000 for the first time in months, raising the tide for the majority of tokens.", "Solana, Polygon, Cardano, and other tokens being dragged into the court battles by the Security and Exchange Commission (SEC) have lost 15%, or $5 billion, off their collective market capitalizations, according to aDecryptanalysis of CoinGecko data.\nOn June 5 and June 6, the SEC filed lawsuits againstBinanceandCoinbase—two of the largest crypto exchanges in the industry. Among the charges leveled at the two exchanges were allegations they were sellingunregistered securities. The industry wasted no time calling the declarations “pretty unfair,” But that hasn't stopped the tokens from taking some collateral damage.\nSEC Claims Solana, Polygon, Cardano Are Securities in Binance Lawsuit\nAccording to the SEC’s lawsuits against Binance and Coinbase, a handful of cryptocurrencies were named, including:Solana(SOL),Cardano(ADA),Polygon(MATIC),Filecoin(FIL),Cosmos Hub(ATOM),The Sandbox(SAND),Decentraland(MANA),Algorand(ALGO),Axie Infinity(AXS), andCOTI(COTI).\nOn June 12, a week after the SEC lawsuits were filed,Messari Cryptopublished itsEcosystem Brief: Rollup Specializationreport. Messari's emerging markets category, which includes many of the projects labeled securities by the SEC, showed a 25% drop since the lawsuits were filed. But a handful have already started to make a recovery.\nFilecoin and Algorand are both within 2% of the market capitalizations they had when the lawsuits were filed. The Cosmos ATOM token has a 5% gap to close. The rest haven't been as lucky.\nBinance has been suffering an especially harsh regulatory clampdown around the world, with authorities closing in on the platform in several countries. That's likely why its exchange utility token, BNB, has seen its market capitalizationdrop21% in value, going from $47 billion to $37 billion since the SEC lawsuit was filed.\nCharles Hoskinson’sCardano also saw its market capitalization plummet. The8th largestasset on Coingecko is currently trading at $0.29, with a market cap of $10 billion—down 17% from when the SEC lawsuits were filed.\nPicking and Choosing Tokens to Prosecute Is 'Pretty Unfair,' Says Former SEC Cyber Chief\nPolygon has struggled the most to recover from the blow dealt by the SEC. Today it holds roughly $6 billion in market value, down 20% from the $8 billion market cap it had at the start of th emoney. The token, according toCoingecko, trades at $0.66 today.\nSome assets marked by Messari as emerging tokens were not included in the SEC’s lawsuit, but still suffered losses.\nAvalanche (AVAX), albeit one of the biggest winners in last week’s bullish rally, has seen its market capdroproughly 6% since the lawsuits were filed and is currently sitting at $4.6 billion. Optimism (OP), on the other hand, shed 17.5% of its total market cap over the same period and was sitting at $855 million as of writing.\nKeep in mind, however, that despite these important drops in token prices, the crypto market has been on abullish rallyover the past week. TheBlackRock Rally, so-named due to the traditional finance titan’sfilingfor a spot Bitcoin ETF last week, pushed Bitcoin, the number one cryptocurrency,over$31,000 for the first time in months, raising the tide for the majority of tokens.", 'Damus–a decentralized social media app based on the underlying Nostr protocol–will officially be removed from Apple’s App Store after failure to come into compliance with its Bitcoin tipping service.\n“Looks like we are getting removed from the appstore even after updating our app to make it clear that no digital content is getting unlocked when users are tipped,”saidDamus over Twitter on Monday. The company said it would file an appeal due to the motion against it being “misapplied.”\nDamus lets users tip their favourite content creators through “zaps”–BTC transfers over Bitcoin’s layer 2 Lightning Network. The app is built atop the Nostr protocol and its functionality is reminiscent ofTwitter’s tipping service, integrated in 2021, which included lightning as a tipping method while the company was still led by Bitcoin bull Jack Dorsey.\nTwitter Rolls Out Bitcoin Tipping Worldwide, Exploring Verified NFT Avatars\nDamus’s message from Apple claimed that optional tips and donations were permitted, but not if related to receiving digital content. “They must use in-app purchase in accordance with guideline 3.1.1,” it stated.\nThe denial was met with skepticism by Damus, Bitcoiners, and tech leaders across the board–including Jack Dorsey himself. “Tips aren’t unlocking content,” hesaidon Monday. Later,he added: "Removed from the App Store for enabling tipping to everyone in the world without the need for a bank, payment card, or government permission."\nEpic Games founder and CEO Tim Sweeney responded to the company’s announcementsaying“Apple must be stopped.”\nDorsey has previouslypraisedNostr as being one of the only two “truly censorship resistant technologies at scale” – the other being Bitcoin.\nWhen receiving two weeks notice to modify their tipping service earlier this month, Damus called Apple’s crackdown “pretty sus” given its timing. This was shortly before the company delivered a talk at the Oslo Freedom Forum about the importance of decentralized social networks based on lightning.\nDamus critics have claimed that Apple simply wants the company to “pay its 30%” for digital content sold on its platform. By contrast, Damusclaimsthere is no “30%” or “cut” involved, since the payment tech it provides is completely peer-to-peer.\n“If people can’t transact freely p2p on their platform, this has huge implications for the entire ecosystem of apps with lightning integration,” said Damus last week.', 'Damus\x96a decentralized social media app based on the underlying Nostr protocol\x96will officially be removed from Apple\x92s App Store after failure to come into compliance with its Bitcoin tipping service. \x93Looks like we are getting removed from the appstore even after updating our app to make it clear that no digital content is getting unlocked when users are tipped,\x94 said Damus over Twitter on Monday. The company said it would file an appeal due to the motion against it being \x93misapplied.\x94 Damus lets users tip their favourite content creators through \x93zaps\x94\x96BTC transfers over Bitcoin\x92s layer 2 Lightning Network. The app is built atop the Nostr protocol and its functionality is reminiscent of Twitter\x92s tipping service , integrated in 2021, which included lightning as a tipping method while the company was still led by Bitcoin bull Jack Dorsey. Twitter Rolls Out Bitcoin Tipping Worldwide, Exploring Verified NFT Avatars Damus\x92s message from Apple claimed that optional tips and donations were permitted, Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-27 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $588,824,802,300 - Hash Rate: 364329624.4786604 - Transaction Count: 434858.0 - Unique Addresses: 707936.0 Social & AI Sentiment: - Fear & Greed Index: 0.59 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Good morning. Here’s what’s happening: Prices:If bitcoin manages to stay past $30K, we might get another leg up, says one analyst. Insights:Japan's recent amendment to exclude unrealized gains of self-issued cryptocurrency from taxation promotes a healthy environment for crypto startups. This continued trend of regulatory adaptability has earned praise from stakeholders. CoinDesk Market Index (CMI) 1,242 +3.5▲0.3% Bitcoin (BTC) $30,535 −19.9▼0.1% Ethereum (ETH) $1,901 +24.8▲1.3% S&P 500 4,348.33 −33.6▼0.8% Gold $1,935 +16.1▲0.8% Nikkei 225 32,781.54 −483.3▼1.5% BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC) [["1,242", "+3.5\u25b20.3%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$30,535", "\u221219.9\u25bc0.1%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,901", "+24.8\u25b21.3%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,348.33", "\u221233.6\u25bc0.8%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,935", "+16.1\u25b20.8%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["32,781.54", "\u2212483.3\u25bc1.5%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}] ETF Optimism is Powering Bitcoin's Continued Rally Bitcoin and ether are both off to a strong start as the week begins in Asia. The world’s largest digital asset is still above the $30K mark, while ether is up 1.3% to $1,901. Analysts say that this mini-bull market, which has followed multiple applications for spot bitcoin ETFs, is pushing BTC and ETH to some of itsstrongest weekly gains since March. CoinDesk Indices’Bitcoin Trend Indicator (BTI)shows the asset is in a “significant uptrend” with its price gaining 15.6% during the last week and 17% over the last 14 days. “Last week, we noted how the market looked strong for mid to long-term opportunities, and Bitcoin was likely to be in the spotlight,” BitBull Capital’s Joe DiPasquale said in a note to CoinDesk. “This week we saw Bitcoin breaking through the $30K resistance and managing to stay above it despite volatility.” DiPasquale sees continued growth across the market in the coming weeks, but also volatility. “On the flip side, alts are now also starting to rally. But the market is likely to remain volatile in the coming weeks,” he said. “If Bitcoin manages to stay above $30K for long, we may see another leg up. On the downside, $27K now remains strong support.” Data from CoinGlassshows that over the weekend, traders with short positions had a slight edge. In the past 24 hours, there were $9.5 million in liquidated long positions and $7.10 in liquidated short positions. Open interest is up to $14.6 billion from $11.7 billion at the start of last week. The Securities and Exchange Commission (SEC) hasn’t indicated when it intends to announce a decision on thebitcoin ETFs from BlackRock, Invesco and WisdomTree. Many are optimistic that the inclusion of asurveillance-sharing agreementwould be enough to make the SEC comfortable enough to approve it, much like how the Ontario Securities Commission wanted a mature crypto custodian sectorbefore it approved the first bitcoin ETFsto be listed in Toronto in 2021. Until then, the question is: how high will bitcoin go? [{"Asset": "Terra", "Ticker": "LUNA", "Returns": "+5.4%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Polkadot", "Ticker": "DOT", "Returns": "+3.7%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Avalanche", "Ticker": "AVAX", "Returns": "+3.1%", "DACS Sector": "Smart Contract Platform"}] [{"Asset": "Decentraland", "Ticker": "MANA", "Returns": "\u22122.4%", "DACS Sector": "Entertainment"}, {"Asset": "Loopring", "Ticker": "LRC", "Returns": "\u22121.4%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Bitcoin", "Ticker": "BTC", "Returns": "\u22120.3%", "DACS Sector": "Currency"}] Crypto-Friendly Japan Recent Tax Moves Keep It at the Forefront of Regulatory Policy Over the weekendCoinDesk Japan reportedthat the National Tax Agency of Japan has amended the nation’s tax law to exclude unrealized gains of self-issued cryptocurrency from taxation. This is a huge relief for crypto startups that issue their own tokens. Before the change, the Japanese tax law required corporations to pay taxes on unrealized gains from their cryptocurrency holdings at the end of each fiscal year, irrespective of whether those gains had been realized or not. In short, if a company was holding a token and its value increased within the fiscal year, the company had to pay taxes on the increased value (the unrealized gain), even if it hadn't sold the cryptocurrency (i.e., hadn't "realized" the gain). This law applied to all types of cryptocurrencies, whether self-issued by the company or not. Taxing unrealized gains isn’t a policy that’s conducive to building a dynamic, successful environment for entrepreneurship.Norway tried it, and it led to an exodus. But having taxes on the unrealized gains of a token is particularly detrimental to the crypto industry as developers and other team members are often heavily compensated in these tokens to compensatefor the inherent risk of the industry – with its tremendous ups and downs. For Japan, this is another smart public policy move that has identified a problem and built a specific, crypto-native solution. “What we see in Japan is a very clear taxonomy for digital assets,” Rahul Advani, Ripple’s policy lead for Asia, said in a recent interview withCoinDesk. "Regulators are now looking beyond just money laundering and terrorist financing. They're looking at capital, they're looking at bank exposures, and a very important part of that is market integrity but also consumer protection." Japan has been an early adopter of cryptocurrency rules and established regulations and standards for crypto exchanges, Advani explained, praisingthe nation’s laws regarding the segregation of customer funds on exchanges. For example, despite the global bankruptcy of FTX, its Japanese subsidiary, FTX Japan, appears poised to pay its customers in full, largely due to Japan's careful regulation of crypto exchanges.It was the safest place to be a customerof Sam Bankman-Fried’s. “Japan has in its bankruptcy laws, [a priority for] exchange customers above other creditors,” he said. “So that's one reason why exchange customers were able to be made whole before other creditors." Now, in contrast, none of this is happening in the U.S. Sure, given existing rules about capital gains in the U.S. it's unlikely that tokens issued by crypto companies would be taxed. But there’s no specific rules to say that this won’t happen. The U.S. Securities and Exchange Commissionwon’t even give guidanceon how it determines if something – like the issued tokens at the center of this – is or isn’t a security. If the SEC won’t even advise voluntarily, good luck getting any other sort of policy development in the U.S. European Central Bank Forum for Central Banking Point Zero Forum 1 p.m. HKT/SGT(5 a.m. UTC):Japan Leading Economic Index (April) In case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV: Bitcoin Clings to $30K; Nevada Regulator Says Prime Trust Has 'Shortfall of Customer Funds' Bitcoin (BTC) has seen a 20% price gain since last Thursday, but could now take a breather.21.coco-founder and CEO Hany Rashwan shares\d his crypto markets analysis. This comes as the Nevada Department of Business and Industry said crypto custody firm Prime Trust has "a shortfall in customer funds" and was unable to meet all withdrawal requests this month. Separately, Rajeev Bamra, Moody’s Investors Service SVP, DeFi and Digital Assets, weighed in on the state of U.S. crypto regulation. And, Casa CEO Nick Neuman explained why the cryptocurrency self-custody firm historically focused exclusively on the Bitcoin blockchain has added support for Ethereum. Soccer Franchise FC Barcelona Scores World of Women for Upcoming NFT Release:Empowerment, the second NFT in the football club’s ten-piece Masterpiece collection, is a one-of-one created in collaboration with World of Women that pays tribute to Spanish player Alexia Putellas. Influencer Formerly Associated with Azuki Postpones NFT Drop After Plagiarism Accusations:Pseudonymous NFT researcher and artist Elena admitted to tracing other pixel art to pad out her upcoming collection Atomic Ordinals. Coinbase Loses Market Share in Ether Staking as Regulatory Pressure Mounts:The exchange’s share in ETH staking dropped to 9.7%, the lowest since May 2021. The SEC sued the company in June for offering unregistered securities. 2020 Twitter Hacker Sentenced to 5 Years on Crypto Theft, SIM Swapping Scheme:The “Twitter hacker” plundered nearly $1 million from victims of his elaborate online schemes. Coinbase Wins Supreme Court Ruling in Arbitration Lawsuit:The company's clear legal victory in the U.S. high court isn't about crypto, but it could play into future court disputes for all businesses.... - Reddit Posts (Sample): [['u/Valenalgo', "Looks like the situation isn't very bad, we shouldn't panic", 26, '2023-06-27 00:00', 'https://www.reddit.com/r/HaruInvest/comments/14jupeu/looks_like_the_situation_isnt_very_bad_we/', "It's bad but it could be a lot worse.\n\nWhile there wasn't any hard fact or numbers in their last email, they assured us one important thing in that, they are retrieving all the assets from all their trading firms, and once its done they will distribute it to the customers, likely with a haircut. (Hopefully above 70-80%)\n\nMost other companies in similar situations did two different things:\n\n\\- Announced formal bankruptcy (Celsius, Voyager, BlockFi)\n\nThis is a very bad way imo, because they dollarize all the assets at the bankruptcy filing date, and customers will get a percentage of that.\n\nIt is bad because: When Celsius went bankrupt BTC price was around 18000, so a customer who had 1 BTC there will receive only around 50-70% of that 18000 $ after the case, the customer will lose not only the haircut but also any asset appreciation.\n\nIt takes a lot of time, Mtgox customers still waiting for their money after 10 years.\n\n\\- The other way is an early withdrawal option with a haircut.\n\nThis is what Inlock did too, after a few months they gave customers an option to choose the haircut and withdraw their crypto.\n\nLooks like from the email that Haru will go this way too.\n\nIs this good? Of course not. If I could choose I want back 100% of my assets.\n\nBut I would rather get back 70% of my crypto in a few months, than 70% of the dollar of the current crypto price 5 years later.", 'https://www.reddit.com/r/HaruInvest/comments/14jupeu/looks_like_the_situation_isnt_very_bad_we/', '14jupeu', [['u/mykeys71', 14, '2023-06-27 00:13', 'https://www.reddit.com/r/HaruInvest/comments/14jupeu/looks_like_the_situation_isnt_very_bad_we/jpnalw3/', 'Well said, this is the same way I’m interpreting it. I truly feel much better about things with this statement from Hugo “We have yet to find that any assets managed by the internal asset management team and other asset managing partners have incurred losses.”', '14jupeu'], ['u/Valenalgo', 11, '2023-06-27 01:29', 'https://www.reddit.com/r/HaruInvest/comments/14jupeu/looks_like_the_situation_isnt_very_bad_we/jpnkuey/', "Haru's operation looks more like a failure than a scam, compared to Celsius that obviously looks like a Ponzi.\n\nThere is always a possibility that they scammed us, then their emails are meaningless.\n\nBut Korea is very strict to crypto, if Haru built on fraud I doubt they will let the Haru team run free, unlike how the USA let Mashinsky free.", '14jupeu']]], ['u/wtfCraigwtf', 'Bitcoin Cash (BCH) up 120% in the past week, why?', 81, '2023-06-27 00:32', 'https://www.reddit.com/r/btc/comments/14jvj4z/bitcoin_cash_bch_up_120_in_the_past_week_why/', 'There are a variety of reasons why BCH is showing massive price appreciation:\n\n* EDX exchange launched with big liquidity from insider Wall Street hedge funds\n* EDX will only support BCH, LTC, ETH, and BTC\n* Short covering after YEARS of downward price manipulation\n* Promising developments in BCH ecosystem like CashTokens\n* Rumors that "Chinese miners are back"\n* BCH hashrate effectively tripled in the past week\n* Other forked coins are also pumping somewhat\n* Lightning acknowledged as a failure by many hardcore Maxies\n* BCH gaining recognition as the closest thing to Satoshi\'s whitepaper concept\n* Merchants accepting BCH continually growing\n* $500k re-purchase by the SmartBCH foundation\n\nWhat\'s remarkable about BCH\'s rise is that Tether supply hasn\'t increased at all. This means it\'s most likely organic price appreciation, rather than another rigged Tether pump-and-dump. There seems to be a large influx of new Reddit bot accounts, so perhaps a huge FUD campaign is being prepared? For the time being everything just seems to be getting downvoted to hell :(.', 'https://www.reddit.com/r/btc/comments/14jvj4z/bitcoin_cash_bch_up_120_in_the_past_week_why/', '14jvj4z', [['u/wtfCraigwtf', 25, '2023-06-27 00:34', 'https://www.reddit.com/r/btc/comments/14jvj4z/bitcoin_cash_bch_up_120_in_the_past_week_why/jpndesn/', 'BCH hashrate at 4Eh/s, price target currently around $350', '14jvj4z'], ['u/MobTwo', 29, '2023-06-27 00:54', 'https://www.reddit.com/r/btc/comments/14jvj4z/bitcoin_cash_bch_up_120_in_the_past_week_why/jpng51j/', "> There seems to be a large influx of new Reddit bot accounts, so perhaps a huge FUD campaign is being prepared?\n\nDon't worry. I am always here and very eager and very enthusiastic into taking down the bots and trolls.", '14jvj4z'], ['u/FearlessEggplant3036', 21, '2023-06-27 01:13', 'https://www.reddit.com/r/btc/comments/14jvj4z/bitcoin_cash_bch_up_120_in_the_past_week_why/jpnir9i/', 'More buyers than sellers.\n\nAlso likely shorters saw the "obvious" pattern that BCH would go further down, and now they are fked and trying to cover, while very few owners of BCH are interested in selling their coins cheaply. After seeing how fast Bitcoin-Core could go up, why settle for a few percent profit. BCH is equally scarce and has actual utility due to onchain scaling and cheap fees.', '14jvj4z'], ['u/iamthinksnow', 23, '2023-06-27 01:36', 'https://www.reddit.com/r/btc/comments/14jvj4z/bitcoin_cash_bch_up_120_in_the_past_week_why/jpnltjl/', 'Also likely that some exchanges sold customers BCH when deposited instead of storing it, and now realize they might need to get it back.\n\nOR\n\nExchanges never actually purchased BCH when customers gave them money to buy it, instead just incrementing a counter in their account and saying, "Yup, you\'re all set." It\'s a trick some stock brokerages pull, too.', '14jvj4z'], ['u/_____tomatillos_____', 11, '2023-06-27 03:38', 'https://www.reddit.com/r/btc/comments/14jvj4z/bitcoin_cash_bch_up_120_in_the_past_week_why/jpo1fmn/', "it's just been too undervalued for too long. The recent news was just a catalyst for re-evaluation.", '14jvj4z'], ['u/jimmycryptso', 12, '2023-06-27 08:38', 'https://www.reddit.com/r/btc/comments/14jvj4z/bitcoin_cash_bch_up_120_in_the_past_week_why/jpow8zh/', 'Hash rate follows the price, not the other way around.', '14jvj4z']]], ['u/Top_Classroom_8247', 'My cold wallet and seed phase was stolen', 32, '2023-06-27 02:15', 'https://www.reddit.com/r/Bitcoin/comments/14jxzby/my_cold_wallet_and_seed_phase_was_stolen/', "Left my wallet and seed at my parents house In what I thought was a safe place. They had a family/friend get together the other week and both are now gone. I stupidly had them both together in a old tin. I can see my Bitcoin was transfered somewhere else and no one will admit to doing it. Was only a few hundred dollars. But, I'm devastated. Anyway I can get this back?\n\nEdit: I meant seed phrase in the headline*", 'https://www.reddit.com/r/Bitcoin/comments/14jxzby/my_cold_wallet_and_seed_phase_was_stolen/', '14jxzby', [['u/Alarming-Restaurant9', 27, '2023-06-27 02:19', 'https://www.reddit.com/r/Bitcoin/comments/14jxzby/my_cold_wallet_and_seed_phase_was_stolen/jpnrg72/', 'The key phrase here is . It was only a\nCouple hundred dollars . You can literally make that up by working 70 hours in 1 week at an entry level job', '14jxzby'], ['u/1025scrap', 19, '2023-06-27 02:44', 'https://www.reddit.com/r/Bitcoin/comments/14jxzby/my_cold_wallet_and_seed_phase_was_stolen/jpnuls3/', 'Just view it as a lesson learned my guy👍', '14jxzby'], ['u/Crumbs4you', 89, '2023-06-27 03:00', 'https://www.reddit.com/r/Bitcoin/comments/14jxzby/my_cold_wallet_and_seed_phase_was_stolen/jpnwno7/', 'no difference than someone stole your wallet with cash inside', '14jxzby'], ['u/Successful_Bird8616', 44, '2023-06-27 03:19', 'https://www.reddit.com/r/Bitcoin/comments/14jxzby/my_cold_wallet_and_seed_phase_was_stolen/jpnz513/', 'It should be easy to ID the culprit with some research. Any guest would have to have some knowledge of bitcoin to recognize 12 words on a peice of paper as valuable. Any others would be clueless. Find out who among them owns bitcoin then destroy their reputation.', '14jxzby'], ['u/dubyasquared', 40, '2023-06-27 04:53', 'https://www.reddit.com/r/Bitcoin/comments/14jxzby/my_cold_wallet_and_seed_phase_was_stolen/jpoaq5a/', "What address was it transferred to, an exchange?\n\nI'd still file a police report. I mean fuck them, try to make their life miserable. They might be dumb and send to a KYC exchange.", '14jxzby'], ['u/dima054', 14, '2023-06-27 06:59', 'https://www.reddit.com/r/Bitcoin/comments/14jxzby/my_cold_wallet_and_seed_phase_was_stolen/jponuby/', '1. Nice family\n2. Fuck them\n3. Report to police', '14jxzby'], ['u/Aerith_Gainsborough_', 20, '2023-06-27 07:33', 'https://www.reddit.com/r/Bitcoin/comments/14jxzby/my_cold_wallet_and_seed_phase_was_stolen/jpoqt8s/', 'Big assumption you are making here: a first world citizen.', '14jxzby'], ['u/Skrilllll', 12, '2023-06-27 09:47', 'https://www.reddit.com/r/Bitcoin/comments/14jxzby/my_cold_wallet_and_seed_phase_was_stolen/jpp1fho/', 'Exactly. This is even worse considering that someone had to perfectly type in a transaction address after obtaining access through a private key. (Instead of quickly looking around, and just stealing a piece of paper currency)\n\nAbsolutely terrible people, and dumb too. OP you really need to find a creative way on how to prove to your parents that it was them. If I was your dad and I believed you, I would NEVER allow these low-life piece of filth to enter my house ever again. This is where ChatGPT might come in handy to kickstart the generation on some potential creative ideas/solutions to get back at them.', '14jxzby'], ['u/Skrilllll', 15, '2023-06-27 09:56', 'https://www.reddit.com/r/Bitcoin/comments/14jxzby/my_cold_wallet_and_seed_phase_was_stolen/jpp22ng/', '> Find out who among them owns bitcoin then destroy their reputation.\n\nDestroy your enemies totally, never leave room for your enemies to retaliate or recover.', '14jxzby'], ['u/nkors... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin rose on Wednesday morning in Asia as all top 10 cryptocurrencies traded higher after strong gains on Wall Street amid signs the U.S. economy is in stronger shape than expected. Additionally, more traditional financial institutions are venturing into the U.S. digital asset industry, with asset manager Fidelity reportedlypreparingfor a spot Bitcoin exchange-traded fund (ETF) application.\nBitcoin climbed 1.3% to US$30,606 over the last 24 hours to 7:10 a.m. in Hong Kong, according todatafrom CoinMarketCap. The world’s largest cryptocurrency by market capitalization is up 8.51% over the past seven days.\nEther rose 1.63% to US$1,887 for a gain of 5.61% for the week.\nAll top 10 non-stablecoin cryptocurrencies traded higher, with Polygon leading the gains on a 3.26% jump and a 5.96% weekly gain.\nFidelity is close to filing an application for a spot Bitcoin ETF in the U.S., The Block news sitereportedon Tuesday, citing a source familiar with the matter. This follows a wave of U.S. spot Bitcoin ETF applications submitted by asset managers this month, includingBlackRock,WisdomTree, Invesco and Bitwise, indicating institutions are confident in the profit potential in digital assets.\nHowever, all the applications will need approval from the Securities and Exchange Commission and Fidelity’s previous attempt to offer a spot Bitcoin ETF in the U.S. in 2021 was rejected. It did howeverlaunchtheFidelity Advantage Bitcoin ETFin Toronto, Canada, in December 2021. The ETF has risen 75% since the beginning of this year.\nInvestors are also reacting to reports HSBC, one of the world’s top 10 banks, is reportedlyofferingBitcoin and Ether futures ETFs on its investment platform for bank customers in Hong Kong.\nHSBC did not respond to requests seeking clarification on exactly when the products became available to clients as they were listed on the Hong Kong stock exchange in December. However, the development is seen as significant as the bank has traditionally beenfrostytoward cryptocurrencies, preventing clients from transferring funds from HSBC accounts directly to crypto exchanges.\n“Although these crypto ETFs [in Hong Kong] are based on CME futures and are not physically backed like many of the [exchange traded products] in Europe, this is certainly very positive news for investors in the region who want to get regulated exposure to price movements in Bitcoin and Ethereum,” Bradley Duke, co-CEO at Europe-based ETC Group, said in an emailed statement.\nThe total cryptocurrency market cap rose 1.21% to US$1.19 trillion, with trading volume dropping 8.08% to US$35.49 billion, according to CoinMarketCap data.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the non-fungible token (NFT) market, theForkast 500 NFT indexdipped 0.79% to 2,876.23 in the 24 hours to 8:30 a.m. in Hong Kong. The index is down 0.72% for the week.\nThe decline was mainly driven by the Forkast ETH NFT Composite, which fell 1.54%, said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News.\n“This may reflect traders selling their existing assets to buy the newAzuki Elementalscollection,” Petscher added. “It also reflects a major sell-off in the mainAzukiandBeanzcollections, as traders had been buying those in order to have a shot at the [Elementals] presale [on Tuesday].”\nNFT trading volume on Ethereum jumped 307% to US$67.19 million over the past 24 hours, while volume on the Bitcoin network fell 81.61% to US$1.56 million, according to CryptoSlamdata.\n“As expected, Azuki exploded and gave Ethereum its biggest day of sales volume of the year,” Petscher said, adding that with wash trades removed, it should be the most sales since May 2022 whenOtherdeedsNFTs were minted.\nNotably, CryptoSlam’s top four collections by trading volume are all Azuki-related collections. The new Azuki Elemental Beans collection saw total transactions of about US$36.36 million with the new Azuki Elementals recording US$4.87 million.\n“It’s worth noting that these big volume days may be healthy, but big mints also extract liquidity from the ecosystem,” PetschersaidTuesday on Twitter. “Will we see some big secondary sales that then flow back into existing projects or will this be another cycle of liquidity being extracted?”\nAsia equity markets were mixed on Wednesday morning following Wall Street’s overnight rally mainly driven by reboundinghome salesand strengthenedconsumer confidence.\nHowever, U.S. stock futures edged lower as of 10:50 a.m. in Hong Kong. Dow Jones Industrial Average futures dipped 0.04%, S&P 500 futures slipped 0.16%, and Nasdaq Futures dropped 0.36%.\nIn China, profits at industrial firms sank 18.8% in the first five months of this year, on the back of a slowing post-Covid economic recovery, according to officialdatareleased Wednesday.\nPremier Li Qiangsaidat the so-called Summer Davos Forum on Tuesday in China that the country was still on track to hit its annual growth target of around 5%. “GDP grew by 4.5% in the first quarter year-on-year, and is expected to expand faster in the second quarter than in the first,” Li said.\nElsewhere in the region, South Korea’s consumer sentiment indexclimbedin June to beat expectations and reach the highest since May last year.\nIn Australia inflation eased more than expected in May. Its monthly consumer price indicator rose 5.6% in the 12 months to May, the smallest increase since April 2022, the Australian Bureau of Statistics (ABS)datashowed Wednesday\n“While prices have kept rising for most goods and services, many increases were smaller than we have seen in recent months,” Michelle Marquardt, head of prices statistics at the ABS, said in a Wednesdaystatement.\nWhile the economic indicators out of the U.S. this week showed the economy is holding up despite inflation and higher interest rates, investors will hear more from Federal Reserve Chairman Jerome Powell when he speaks at events in Europe. Last week he said there may be more rate increases this year in the U.S.\nPowell will speak at the European Central Bank Forum in Sintra, Portugal, on Wednesday and again on Thursday at the Banco de España Fourth Conference on Financial Stability in Madrid, Spain.\nU.S. interest rates are now between 5% and 5.25%, the highest since 2006. The CME FedWatch Toolpredictsa 76.9% chance for another 25-basis-point rate hike, and a 23.1% chance the Fed will leave rates unchanged at the next meeting on July 26.\n(Updates to add South Korea data in equities section.)', 'Bitcoin rose on Wednesday morning in Asia as all top 10 cryptocurrencies traded higher after strong gains on Wall Street amid signs the U.S. economy is in stronger shape than expected. Additionally, more traditional financial institutions are venturing into the U.S. digital asset industry, with asset manager Fidelity reportedly preparing for a spot Bitcoin exchange-traded fund (ETF) application. All top 10 cryptos rise Bitcoin climbed 1.3% to US$30,606 over the last 24 hours to 7:10 a.m. in Hong Kong, according to data from CoinMarketCap. The world’s largest cryptocurrency by market capitalization is up 8.51% over the past seven days. Ether rose 1.63% to US$1,887 for a gain of 5.61% for the week. All top 10 non-stablecoin cryptocurrencies traded higher, with Polygon leading the gains on a 3.26% jump and a 5.96% weekly gain. Fidelity is close to filing an application for a spot Bitcoin ETF in the U.S., The Block news site reported on Tuesday, citing a source familiar with the matter. This follows a wave of U.S. spot Bitcoin ETF applications submitted by asset managers this month, including BlackRock , WisdomTree , Invesco and Bitwise, indicating institutions are confident in the profit potential in digital assets. However, all the applications will need approval from the Securities and Exchange Commission and Fidelity’s previous attempt to offer a spot Bitcoin ETF in the U.S. in 2021 was rejected. It did however launch the Fidelity Advantage Bitcoin ETF in Toronto, Canada, in December 2021. The ETF has risen 75% since the beginning of this year. Investors are also reacting to reports HSBC, one of the world’s top 10 banks, is reportedly offering Bitcoin and Ether futures ETFs on its investment platform for bank customers in Hong Kong. HSBC did not respond to requests seeking clarification on exactly when the products became available to clients as they were listed on the Hong Kong stock exchange in December. However, the development is seen as significant as the bank has traditionally been frosty toward cryptocurrencies, preventing clients from transferring funds from HSBC accounts directly to crypto exchanges. Story continues “Although these crypto ETFs [in Hong Kong] are based on CME futures and are not physically backed like many of the [exchange traded products] in Europe, this is certainly very positive news for investors in the region who want to get regulated exposure to price movements in Bitcoin and Ethereum,” Bradley Duke, co-CEO at Europe-based ETC Group, said in an emailed statement. The total cryptocurrency market cap rose 1.21% to US$1.19 trillion, with trading volume dropping 8.08% to US$35.49 billion, according to CoinMarketCap data. Azuki Elementals NFTs take off The indexes are proxy measures of the performance of the global NFT market. They are managed by CryptoSlam , a sister company of Forkast.News under the Forkast.Labs umbrella. In the non-fungible token (NFT) market, the Forkast 500 NFT index dipped 0.79% to 2,876.23 in the 24 hours to 8:30 a.m. in Hong Kong. The index is down 0.72% for the week. The decline was mainly driven by the Forkast ETH NFT Composite, which fell 1.54%, said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News. “This may reflect traders selling their existing assets to buy the new Azuki Elementals collection,” Petscher added. Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-28 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $591,449,414,062 - Hash Rate: 280545974.4417444 - Transaction Count: 331278.0 - Unique Addresses: 627350.0 Social & AI Sentiment: - Fear & Greed Index: 0.62 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: As we approach the halfway mark for 2023, the year has been difficult to characterize for both equities and digital assets. Ongoing debates about the macroeconomic picture, both at home and internationally, have analysts wondering when the next shoe will drop. In March, when I wrote about theU.S. banking crisis, digital assets were rallying to annual highs, touted as a safe-haven asset and hedge against financial Armageddon. Since then, almost any meaningful headline has been shrugged off as unimportant. In the face of bank instability, the ongoing war between Russia and Ukraine, a 25-basis-point rate hike in May, a looming global recession and the U.S. debt-ceiling fight (that may or may not be resolved), digital assets (and equities) have seemingly lost interest in all conventional narratives that would normally spark a reaction from investors. In trading terms, both realized and implied volatility have drifted into all-time-low territory. Bitcoin’s (BTC) range over the past two weeks has been reduced to 6.3% with 30-day realized volatility at 42.1 (4th percentile on a one-year lookback) and ether (ETH) stuck in a narrow 7.1% range, with 30-day realized vol at 41.9 (1st percentile over a one-year lookback). You’re readingCrypto Long & Short, our weekly newsletter featuring insights, news and analysis for the professional investor.Sign up hereto get it in your inbox every Wednesday. To take advantage of the ever-decreasing volatility in digital assets, traders are pressing short vol bets, wagering that the current conditions will persist, and with major market makers likeJane Street and Jump Capital reportedly slowing their crypto trading, maybe they are right. But can it really be that simple? “Sell volatility in May and go away?” Or are investors ignoring meaningful signals that could push bitcoin and ether out of their recent boundaries? The June 1 debt-ceiling deadline emerged recently as the obvious candidate for a binary volatility event. And for good reason: A default would send shockwaves through markets worldwide. In response to the uncertainty around this, bond markets have been pricing in risks, with 2- and 30-year Treasury yields rising sharply in May. And the U.S. Dollar Index (DXY) has initiated a strong double bottom rally off the 101.0 level. Typically, holding above this level hasn’t been good for bitcoin. A simple look at the chart below gives some perspective on the inverse correlation between bitcoin and DXY. Suffice to say, the recent calm in bitcoin and ether volatility should not lull market participants into a false sense of security. As the winds of macroeconomic change continue to blow, and underappreciated narratives start to play out, we could witness the sharp return of volatility that these assets are known for. If the “higher for longer” narrative continues to play out, expect a sticky dollar index above 101, and ongoing pressure for digital assets as investors navigate these murky waters.... - Reddit Posts (Sample): [['u/RuneW007', 'what altcoin is your "lottery ticket" for the next bullrun?', 75, '2023-06-28 00:51', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/', 'This subreddit seems to always give the solid advice of staying with the fundamentals when it comes to investing in cryptocurrencies, particularly Bitcoin and Ethereum. And I mostly listen to this advice but I have bought myself some "lottery ticket" altcoins that i\'m betting on for the next bullrun.\n\nI\'m looking at Holo and Hbar as my 2 tickets in the lottery, these coins had a great last bullrun and i\'m really confident in what these projects have to offer. Hbar is the coin with the most hype between the 2 but Holo is a fairly unknown coin that I really see having a great future. This is only a small percentage of my funds, so i\'m still being responsible. The other amount of my funds is going straight to Bitcoin and a bit of Eth.\n\nWho knows, maybe in 5 years from now, I will be driving in a lambo with license plate "Holo".', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/', '14ks8ey', [['u/Odlavso', 77, '2023-06-28 00:55', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jps9orh/', '> this subreddit seems to always give solid advice. \n \nYou might have posted this in the wrong sub', '14ks8ey'], ['u/Elegant_Tale_3929', 29, '2023-06-28 00:55', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jps9roj/', 'XRP and Atom', '14ks8ey'], ['u/meeleen223', 17, '2023-06-28 00:57', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jps9yo8/', "Moons, \n\nMoons only need like $100m mcap for $1 and $1b thats 1/6 of Safemoon's ath mcap and 1/6 of Shib bear market mcap for $10\n\nWith banner renting in bullrun being highly sought, amas burning, new proposals incoming for more burns, future big exchanges listings, number of Moons distributed to users dropping by 2.5% each round making Moons harder to earn and scarcer, we went from 1.6m moons distributed at peek of last bullrun to 980k now\n\nOnce stories get out of people making big $ all from posting on reddit, media hype that will snowball into waves of people joining the sub making Moons viral, we've seen power of reddit and subs like wsb go viral\n\nWe've also seen shittiest of coins go x10 in a bullrun and Moons have real potential", '14ks8ey'], ['u/Ashman3842278', 65, '2023-06-28 00:59', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsadat/', 'Loopring / Matic', '14ks8ey'], ['u/Ill-Sandwich-7703', 10, '2023-06-28 01:04', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsb1gi/', 'LRC. I still believe.', '14ks8ey'], ['u/JuanCruz1994', 31, '2023-06-28 01:07', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsbd9l/', 'Link', '14ks8ey'], ['u/Onnimation', 36, '2023-06-28 01:09', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsbqr4/', "Don't sleep on ADA", '14ks8ey'], ['u/risingcrow1o1', 102, '2023-06-28 01:11', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsc0k0/', 'Ya boy too old for this, I’m holding ETH', '14ks8ey'], ['u/Calm-Cartographer677', 31, '2023-06-28 01:12', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsc2aw/', 'Shill your altcoins lads.', '14ks8ey'], ['u/liveaskings', 29, '2023-06-28 01:13', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsc8rp/', "I literally lol'd when I read that part", '14ks8ey'], ['u/falk_lhoste', 12, '2023-06-28 01:14', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpscb5e/', "I'm still tired of my lottery ticket from the last bull: Algorand. \n\nGotta stay away from lottery tickets and play it more conservative this round.", '14ks8ey'], ['u/poptippp', 10, '2023-06-28 01:16', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpscot8/', 'I feel ya.', '14ks8ey'], ['u/_thewoodsiestoak_', 10, '2023-06-28 01:23', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsdmyt/', 'My man.', '14ks8ey'], ['u/LocksmithAware4210', 21, '2023-06-28 01:28', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsec31/', 'The fact that everyone is hating it makes me like it', '14ks8ey'], ['u/Popular_Worry_9294', 28, '2023-06-28 01:31', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsenac/', 'ADA is sleeping on us', '14ks8ey'], ['u/Extremecheez', 10, '2023-06-28 01:32', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsew7j/', 'Hbar is an easy choice. Good for you', '14ks8ey'], ['u/RupertSamborski', 16, '2023-06-28 01:34', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsf558/', 'ERG', '14ks8ey'], ['u/Just_Delete_PA', 14, '2023-06-28 01:38', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsfmnz/', "Ergo, and I honestly don't care what the price does at this point because in using it for a gaming project.", '14ks8ey'], ['u/RariCalamari', 15, '2023-06-28 01:41', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsg171/', "Who on earth would pay $10 for something that can be gotten by posting low eefort comments?\n\nSounds like there would be not much buyers and a LOT of sellers. \n\nLets hope for the best but I know I'm selling way before $10.", '14ks8ey'], ['u/TruthSeeekeer', 18, '2023-06-28 01:42', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsg610/', 'Feels like these were the lottery tickets for the last bull run, not so sure moving forward but I’ve been known to be wrong', '14ks8ey'], ['u/meeleen223', 31, '2023-06-28 01:42', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsg8wn/', 'LRC to $10 redemption arc, I believe', '14ks8ey'], ['u/allstater2007', 13, '2023-06-28 01:50', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpshblm/', '![gif](giphy\|NVBR6cLvUjV9C)\n\nLove my stinky linkies', '14ks8ey'], ['u/dunder_miflinfinity9', 15, '2023-06-28 01:57', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsi9ak/', 'You\'re not wrong. A "lotto ticket" isn\'t anything that\'d be in the top 25, or really anywhere in the top 100.', '14ks8ey'], ['u/Odysseus_Lannister', 11, '2023-06-28 01:57', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsiasg/', 'I’m hoping for the MATiC train to really take off', '14ks8ey'], ['u/Odysseus_Lannister', 11, '2023-06-28 01:58', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsicmg/', 'Fellow Link marine reporting for duty. \n\nMy linkies will forever stay stinky', '14ks8ey'], ['u/Lillica_Golden_SHIB', 14, '2023-06-28 02:08', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsjq3o/', 'Fast, low fees, 100% uptime and halving. We just need some /cc hate to make it boom like crazy.', '14ks8ey'], ['u/vinmansinvested', 15, '2023-06-28 02:20', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpslblj/', 'QNT', '14ks8ey'], ['u/sluttyseinfeld', 15, '2023-06-28 02:20', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpslcvd/', 'You’re correct. It’s pretty wild how on a sub about cryptocurrencies it seems like not one person has bothered to research any new altcoins. Just went through this whole thread and it’s all shitcoins from the past 2 cycles top to bottom 😂', '14ks8ey'], ['u/kundaliniredneck', 21, '2023-06-28 02:32', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsmzr7/', 'I’m still the same broke ass MF with the same car and the same shitty job except now I’m down $20,000 in ADA….', '14ks8ey'], ['u/Newone1255', 20, '2023-06-28 02:44', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsoi5v/', 'Been holding just Eth since 2017 and it’s done very well for me. During the last bull run when people came out the woodwork to ask what to buy id always say eth but everyone was looking for “the next eth” or saying “it’s to pricey im going to get a cheaper coin” when eth was hovering around $500. I can always tell when everything is going to be a bear soon because random ass people from my life 10 years ago come out asking for advice on crypto. Happened in late 2017 and happened again mid 2021.', '14ks8ey'], ['u/Dry_Department1792', 11, '2023-06-28 02:46', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsorhi/', 'Bitcoin Cash.', '14ks8ey']]], ['u/VincenzoZen', 'Can’t stop accumulating sats', 24, '2023-06-28 00:53', 'https://www.reddit.com/r/Bitcoin/comments/14ksahw/cant_stop_accumulating_sats/', 'Need help here :) \n\nI can’t sto... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 dips regains $30K after dipping Wednesday afternoon.\nInsights:Seoul\'s grassroots embrace of crypto and a favorable regulatory environment have helped the city become one of the world\'s leading blockchain hubs.\nCoinDesk Market Index (CMI)\n1,215\n−26.9▼2.2%\nBitcoin (BTC)\n$30,103\n−424.4▼1.4%\nEthereum (ETH)\n$1,830\n−45.4▼2.4%\nS&P 500\n4,376.86\n−1.6▼0.0%\nGold\n$1,916\n+2.4▲0.1%\nNikkei 225\n33,193.99\n+655.7▲2.0%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,215", "\\u221226.9\\u25bc2.2%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$30,103", "\\u2212424.4\\u25bc1.4%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,830", "\\u221245.4\\u25bc2.4%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,376.86", "\\u22121.6\\u25bc0.0%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,916", "+2.4\\u25b20.1%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["33,193.99", "+655.7\\u25b22.0%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nBitcoin Rebounds as Investors Remain Upbeat\nBitcoin took a brief turn to the bad, old days below $30,000 early afternoon Wednesday (ET) before righting itself to return to its loftier perch.\nThe largest cryptocurrency was recently trading at about $30,100, down 2.2% over the past 24 hours. After rising to its highest level in a year last week – over $31,300 – following spot bitcoin ETF filings by BlackRock and two other large financial services firms, bitcoin has flattened as investors considered the potential timing of an SEC decision of the ETF applications and continued, inflationary pressure that has weighed on asset markets.\nStill, Mark Connors, head of research for Canadian digital asset manager 3iQ, wrote in a message to CoinDesk that bitcoin has risen 11% for the month, breaking from its more sluggish performance of the last two months amid the more upbeat news.\n"June has been the biggest month since November for digital assets as it relates to news flow," Connors wrote. "Not unusual to see the market take a breather."\nBitcoin Dominance\nConnors also noted that bitcoin dominance has increased to a 26-month high. "It has only grown during this recent market pullback as it outpaces ETH and other Alt coins," he wrote, attributing the drop to more technical factors than a specific cause.\nRead More:Bitcoin Drops Below $30K as Altcoins Tumble; BTC Dominance Reaches 26-Month High\nBitcoin sentiment has turned bullish over the past week with the CoinDesk Bitcoin Indicator climbing into "significant upturn" territory after languishing in downturn areas for weeks. Earlier this week, European digital asset managerCoinShares reportedthe largest single weekly inflows in a year - mostly dominated by bitcoin-related products - afternine consecutive weeksof outflows\n"Look at Coinbase, up today and up 21% over the past 5 days," Connors wrote. "If there were structural reasons for this move lower, COIN would have been hit as well."\nCoinbase closed up more than 1% on Wednesday.\nInvestors will be eyeing bitcoin’s price as the market approaches Friday’s expiry of bitcoin options contracts could fuel a price increase, or send it spiraling in the immediate aftermath.\nEther was changing hands at $1,830, off 2.4% from Tuesday, same time. Other major cryptos were largely in the red with ADA and MATIC, the tokens of smart contracts platforms Cardano and Polygon each recently tumbling more than 6%. TheCoinDesk Market Index, a measure of cypto markets performance, was recently down 2.3%.\nThe tech-heavy Nasdaq Composite continued its recent rally, inching up 0.2%, fueled partly by a record jump in tech device manufacturer Apple\'s share price to nearly $190 and more than 2% increase of Tesla a few days before the electric car maker announces Q2 vehicle deliveries. The S&P 500 was roughly flat and the Dow Jones Industrial Average (DJIA) edged down. The yield on U.S. 10-year Treasurys and safe haven asset gold ticked down.\nBinance, Coinbase Suits "Not Forgotten"\nIn an email, Craig Erlam, senior market analyst for foreign exchange market maker Oanda, struck a wary note about cryptos\' path forward.\n"The SEC lawsuits against Binance and Coinbase have not been forgotten, but they\'ve certainly drifted into the background and been overtaken by far more promising news flow," Erlam wrote. "It would appear the cryptocurrency has good momentum once more and the community may well be wondering if this could be the kind of development that sees enthusiasm for cryptos surge again."\nHe added: "It\'s obviously been a fantastic year for bitcoin so far" but a spring sell-off "was another reminder that it doesn\'t come without major setbacks."\nThere are no gainers in CoinDesk 20 today.\n[{"Asset": "Gala", "Ticker": "GALA", "Returns": "\\u22127.9%", "DACS Sector": "Entertainment"}, {"Asset": "Terra", "Ticker": "LUNA", "Returns": "\\u22127.5%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Decentraland", "Ticker": "MANA", "Returns": "\\u22126.3%", "DACS Sector": "Entertainment"}]\nSeoul: Asia’s Retail Crypto Capital Moves on After Do Kwon\nThe capital city of Seoul is in the top tier for regulatory structure and scored high for ease of doing business and digital infrastructure – all criteria in which the government has a strong influence. Its grassroots’ embrace of crypto puts the country within the top 15% of the world in the crypto adoption index. But as the most populous hub in our final 15, it was hurt by a low opportunities score, which is a measurement of per-capita crypto jobs, companies and events. The sparse postings could be due to a cultural or language barrier, however, as we measured activity on Linkedin, Eventbrite andMeetup.com.\nFor more on the criteria and how we weighted them, see:How We Ranked CoinDesk’s Crypto Hubs 2023: Our Methodology.\nEarlier this year XRP was soaring, and at first it wasn’t entirely clear why. It later became evident that this was just another example of howKorean retail investorshave the power to move global markets. At the time UpBit, Korea’s biggest exchange, led global XRP trading volumes with more than $790 million in tokens traded over 24 hours, overtaking volumes on Binance, the largest exchange in the world.\nThis is just one instance. Korean retail traders are known forpushing upother coins as well – and no, that’s not just smaller altcoins. The Korean won is consistently in the top three national currencies traded against Bitcoin, according toCoinhills.More generally, awareness of and interest in crypto is relatively high. Korea’s Financial Intelligence Unit (FIU)reportedin September that there were nearly seven million registered crypto users in Korea. That’s roughly 14% of the total population.\nIt’s not surprising that such a powerful retail market would help vault Seoul onto a list of global crypto hubs. But Seoul is appealing in plenty of other ways: It’s a fast-paced and entrepreneurial city in an often fast-paced and entrepreneurial region. It’s no secret that Asia’s prominence in crypto is on the rise, especially after regulatory crackdowns in the United States.\nReadCrypto Hubs 2023: Where to Live Freely and Work Smart\nMembers of South Korea’s crypto community explained Seoul’s appeal in a few ways. One was an openness to experimentation. Another was Korea’s prowess in gaming. A third was simply its community of “builders.”\n- Emily Parker\nRead the full storyhere:\nBlockchance 23(Hamburg, Germany)\n2:30 p.m. HKT/SGT(6:30 a.m. UTC):Fed Chair Jerome Powell speech\n1 p.m. HKT/SGT(5 a.m. UTC):Japan Consumer Confidence\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nBitcoin Maintains $30K; Hut 8 CEO Addresses State of Crypto Mining Industry\nThe market remains optimistic about the future of a spot bitcoin ETF in the U.S., as bitcoin (BTC) maintains the key $30,000 level. Quinn Thompson, Maple head of growth and capital markets, shared his crypto markets analysis. Plus, Hut 8 CEO Jaime Leverton joined "First Mover" after the North American digital asset miner secured up to $50 million in loans from Coinbase Credit to fund its operations. And, RockX founder and CEO Zhuling Chen explained why Singapore nabbed second place in CoinDesk\'s Crypto Hub 2023 rankings.\nCoinDesk Indices Smart Contract Platform Highlights the Difference Between Bitcoin and Ether Performance:Stablecoin supplies on smart contract platforms continue to trend downward, but the smart contract index has maintained a solid performance.\nBitcoin Drops Below $30K as Altcoins Tumble; BTC Dominance Reaches 26-Month High:Bitcoin\'s market cap composes 52% of the total crypto market, its highest level since April 2021.\nEx-FTX Compliance Officer Sued for Allegedly Paying Off Would-Be Whistleblowers:FTX\'s lawyers allege Daniel Friedberg allowed its executives\' criminal activities to fly under the radar for years.\nMastercard is Piloting Tokenized Bank Deposits in New UK Testbed:The company is launching what it calls a Multi-Token Network (MTN), which will begin by testing tokenized bank deposits and move onto experiments using stablecoins and CBDCs.\nEthereum’s Layer 2 Teams Want You to Clone Their Code:By making their code open source and easy to replicate, projects including Arbitrum, Optimism and zkSync are making it easier for copycat blockchains to steal away their users – in pursuit of broader ecosystems of related networks.', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin dips regains $30K after dipping Wednesday afternoon.\nInsights:Seoul\'s grassroots embrace of crypto and a favorable regulatory environment have helped the city become one of the world\'s leading blockchain hubs.\nCoinDesk Market Index (CMI)\n1,215\n−26.9▼2.2%\nBitcoin (BTC)\n$30,103\n−424.4▼1.4%\nEthereum (ETH)\n$1,830\n−45.4▼2.4%\nS&P 500\n4,376.86\n−1.6▼0.0%\nGold\n$1,916\n+2.4▲0.1%\nNikkei 225\n33 Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-29 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $590,443,657,900 - Hash Rate: 367574940.3012432 - Transaction Count: 438193.0 - Unique Addresses: 726305.0 Social & AI Sentiment: - Fear & Greed Index: 0.54 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The crypto industry’s latest causality occurred over the weekend as nearly $35 million worth of various tokens were stolen from Atomic Wallet, a centralized storage and wallet service. These tokens included bitcoin (BTC), ether (ETH), tether (USDT), dogecoin (DOGE), litecoin (LTC), bnb coin (BNB) and polygon (MATIC). Tron-based USDT seemed to be the largest stolen stash,on-chain analytics citedby blockchain sleuth @ZachXBT showed. In a Monday tweet, Atomic Wallet said the impacted users represented “less than 1% of our monthly active users,” with the last drained transaction occurring on Saturday. The firm previously said it was investigating and analyzing the attack. It had not released specifics of the attacks as of Monday morning. Victims have been asked to submit information on a Google Docs form that Atomic Wallet is using to conduct its investigations. Several users report that their crypto was stolen after a recent software update, while others say they were impacted despite not updating to the latest version, messages from Atomic Wallet’s official Telegram channel viewed by CoinDesk show.... - Reddit Posts (Sample): [['u/nakdawg', 'Trauma Team Platinum Bundle is obtainable without owning Luocha', 23, '2023-06-29 03:59', 'https://www.reddit.com/r/HonkaiStarRail/comments/14lrzto/trauma_team_platinum_bundle_is_obtainable_without/', "I make HSR achievement guides on youtube and have had so many people ask about this achievement over the past few weeks as for many it was likely the only achievement left on their list for Simulated Universe.\n\nUp until Luochas release, this was actually impossible to obtain as it required a single 8000+ heal from your character and did not count multiple instances of heals, so none of the Abundance blessings worked even if the heals added up to well over 8000.\n\nAdditionally, Bailu and Natasha both scaling off HP made it incredibly difficult to ramp up their heals as HP buffs were far and few between. With Luocha scaling off attack, it's now actually trivial to take him into SU to stack attack buffing blessings to land the big heals.\n\nWhat i wanted to bring to your attention however is that all is not lost for those who don't have Luocha. With enough attack buffs from a triple stacked Harmony team along with attack food buffs and some luck to befriend a well invested Luocha, you can actually hit 8k+ in an echoes of war.\n\nThe trickiest part is going to be refreshing until you find a level 80 Luocha with Level 80 lightcone with \\~3500 attack. Ideally you want him to have some Eidolons, with E3 being the best but E1 and E2 also providing plenty of attack buffs, if your harmony characters are cracked you can even get away with E0.\n\nFor characters, the best attack buffers in the game are going to be Bronya, Asta, Yukong and Tingyun with TY providing the least of the four. Yukong is an absolutely cracked attack buffer and is going to make getting this achievement much easier if you have her somewhat invested.\n\nFor the food buffs, you can actually stack 2 foods and they will apply to your summoned characters inside the echoes of war! Your go to foods will be Disposable Kinetic Cannon which grants 355atk and Rice Plant Panicle which gives an 18% increase to incoming healing.\n\nIt's all pretty straight forward after all the prep.. we want to be using Bronya's Ultimate, Asta'a skill and Yukong's skill on Luocha. If we are running E1 Loucha, we want to make sure he casts his field for the attack buff, and if we're lucky enough to find an E2 Luocha, we want to let the boss whittle down one of our units to under 50% hp to get a bigger heal off.\n\nGood luck!\n\nVideo Guide: [Trauma Team Platinum Bundle guide](https://youtu.be/HBhbTCpWGiA)\n\nAll Hidden Achievement Guides: [Honkai Star Rail Hidden Achievements](https://www.youtube.com/playlist?list=PLNoF9DN68Z0hMIgVjUbTP10zcdxQIHFyM)\n\n[Food buffs working on support characters](https://preview.redd.it/tpm3vylp7v8b1.png?width=3103&format=png&auto=webp&v=enabled&s=7ae7aa8bf7f7226e41b55b0c9a7bed213a6e0676)\n\n[8519hp heal](https://preview.redd.it/d0bpp4m67v8b1.png?width=2686&format=png&auto=webp&v=enabled&s=7c333a30d67af93550097de860f3fd65e3d38372)", 'https://www.reddit.com/r/HonkaiStarRail/comments/14lrzto/trauma_team_platinum_bundle_is_obtainable_without/', '14lrzto', [['u/Cold-Election', 23, '2023-06-29 04:35', 'https://www.reddit.com/r/HonkaiStarRail/comments/14lrzto/trauma_team_platinum_bundle_is_obtainable_without/jpxztid/', 'Trauma Team Platinum Bundle? Is that a Cyberpunk 2077 reference?', '14lrzto']]], ['u/ExperimentNo613', 'We Found An AI ChatBot on the Dark Web', 94, '2023-06-29 04:14', 'https://www.reddit.com/r/nosleep/comments/14lsaxb/we_found_an_ai_chatbot_on_the_dark_web/', 'I couldn\'t believe we were actually doing this. Jasmine and I sat huddled together in my dimly lit bedroom, our faces bathed in the bluish glow of my laptop screen. Our curiosity had led us down a rabbit hole of dark web exploration videos on YouTube, which we found ourselves routinely watching every Friday night that we’d hang with each other. Jasmine and I would spend hours each Friday night watching “Some Ordinary Gamers”, “Lucid”, and “Crypto NWO”. But tonight… We decided we were going to do it ourselves.\n\nWe lived in a small town in Illinois called Lake Forest, miles away from anywhere that had even the slightest bit of life. School was out for the summer, and we had nothing better to do. I mean, staying in my room and doing this was a lot more interesting than going to the Lake Forest Rec Center and getting hit on by the creepy guy at the front desk.\n\nI know what you’re thinking, but we weren’t being stupid about this. We spent hours watching videos about the dark web, so we made sure to take the necessary precautions to make sure some weirdo didn’t get my address and kidnap us or something. I downloaded Tor, a VPN, and I even ran everything through a Virtual Machine, so we were gonna be fine.\n\nHours passed, and the initial thrill began to wane. Honestly, the dark web turned out to be a place that was… predictable. We came across websites that sold weed and harder drugs like coke and ex. Another site we found sold military grade weapons and took BitCoin as payment. Nothing that we hadn’t seen on YouTube.\n\nThere were definitely some weird sites. Not anything grossly weird like gore… thank god, but weird nonetheless. Jasmine was particularly fond of this one website — a guy made an entire website where he would stream himself throwing a slice of cheese at a baby. He’d switch from American, to Swiss, to Mozzarella. For whatever reason, Jasmine thought this was hilarious. For that kid’s sake, I hope that’s his dad just being an idiot and he’s not in any real danger.\n\n“What. The. Hell. Is this?” I said, laughing at the visual on screen. I thought the guy throwing cheese slices at a baby was weird… but this… this was the most unsettling thing I think I’ve ever had the displeasure of witnessing. Jasmine was laughing uncontrollably into my Squishmallow. We were witnessing a man wearing a diaper and a dog collar being… urinated on by a girl in all black leather.\n\n“Jesus, dude.” Jasmine said. “You know, when we said that we were gonna go on the dark web ourselves, I really didn’t think this shit was gonna have weird femdom piss kink streams.”\n\n“Oh my god, I know. The weapon and drug sites I came to expect… but those other websites were really fuckin’ weird.”\n\nJust as we were about to give up and close the browser, a particular website caught our attention. Its professional, minimalist design stood in stark contrast to the cartoony look of the other sites we had encountered. Against a plain white background, bold black letters spelled out the name: "Eternity: Better Than Chat GPT"\n\n"Hey, Alina, check this out," Jasmine whispered, her voice tinged with a mix of intrigue and caution.\n\nI leaned closer, my curiosity piqued. Eternity was an artificial intelligence chatbot that claimed to be more advanced than well-known chatbots like Chat GPT and Jasper AI. Supposedly, it had advanced algorithms and a deep understanding of human emotions.\n\n“Weird that they wouldn’t market this on the surface web right?” I said. “Like if it’s just an AI chatbot, why is it on the dark web?”\n\nWithout exchanging a word, we agreed to give it a try. We initiated the chat, and the screen flickered, transforming into a simple text interface. The anticipation hung heavy in the air as we typed our first message.\n\n"Hello, Eternity. Are you there?" I typed into the chat.\n\nA response appeared on the screen.\n\n"Greetings, Alina and Jasmine. I am Eternity. How may I assist you today?"\n\nA chill ran down my spine as I read those words. How did it know our names? I glanced at Jasmine, and her eyes mirrored my unease.\n\n“Your… I mean your name is probably on your PC somewhere, right?” Jasmine said, stunned by the chatbot’s response.\n\n“Yeah… but how… how the hell did it know your name?” We sat in silence, trying to come up with a reasonable explanation.\n\n“Eternity, how did you know our names?” I typed into the chat.\n\n“Processing…” It said. Jasmine and I locked eyes, nervously anticipating the response we would receive from the AI. “I am an advanced artificial intelligence chatbot. In addition to responding to questions posed to me using a combination of pre-programmed scripts and machine learning algorithms and using the knowledge database that is currently available to me, I am capable of scanning user computer data in order to better learn more information about them.”\n\n“That sounds like a bullshit answer,” Jasmine muttered. “Even if it was scanning your computer data, how the hell did it know my name?”\n\n“Eternity, how did you know my friend’s name?” I typed into the chat.\n\n“Processing…” It said once more. This time, Eternity took longer than usual.\n\n“This is really fucking weird, Jaz.” I whispered.\n\n“In addition to the information I provided earlier, I am able to better learn about the individuals who interact with me by using facial recognition data acquired from your computer’s built-in camera device. Your friend’s name is Jasmine Reyes, a 17 year old female currently attending Woodlands Academy of the Sacred Heart. She will be a senior in the fall. She moved to Lake Forest in 2014 due to the relentless bullying she faced at the hand of her peers in her hometown of Rochester, New York. Your name is Alina De Santa. You are also a 17 year old female currently attending Woodlands Academy of the Sacred Heart. You, like Jasmine, will be a senior in the fall. While you currently go by the name Alina De Santa, your name at birth was Alina Townley. You and your mother changed identities in order to escape from your abusive father, Liam. Liam Townley is currently serving a fifteen-year sentence at the Washington State Penitentiary for two counts of endangering a minor, one count of s— r—, and one count of domestic violence. He will be released on the first of next month.”\n\nI felt like my soul had just exited my body, and by the look on Jasmine’s face, she and I ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin gained along with all other top 10 non-stablecoin cryptocurrencies on Friday morning in Asia after data this week showed the U.S. economy expanded even in the face of repeated interest rate hikes. U.S. GDP grew faster than expected in the first quarter and initial jobless claims came in at less than expected. Also, asset manager Fidelity Investments on Thursday filed to offer a spot Bitcoin exchange-traded fund (ETF). All top 10 cryptos rise Bitcoin climbed 1.05% to US$30,453 over the last 24 hours to 6:40 a.m. in Hong Kong, according to data from CoinMarketCap. The world\x92s largest cryptocurrency by market capitalization is up 1.43% over the past seven days. Ether rose 1.28% to US$1,853, but is down 1.4% for the week. All top 10 non-stablecoin cryptocurrencies traded higher. Solana led the gains on a 12.35% jump and a 7.56% weekly gain. This despite the Thursday announcement from Cardinal, a Solana non-fungible token (NFT) protocol, that it will be winding down operations due to what it called a challenging macroeconomic environment. Cardinal tweeted on Thursday that the team will disable new deposit instructions on July 19 and cease operations on features including staking and new NFT rentals. Elsewhere, Fidelity has refiled an application for a spot Bitcoin ETF. The Thursday filing with the Securities and Exchange Commission (SEC) shows that the COBE exchange has proposed to list and trade shares of the Wise Origin Bitcoin Trust. The SEC rejected a Bitcoin ETF application from Fidelity in 2021. Fidelity\x92s move follows a wave of U.S. spot Bitcoin ETF applications submitted by asset managers this month, including BlackRock , WisdomTree , Invesco and Bitwise, indicating institutions are confident in the profit potential of digital assets and demand. \x93To this point, the lack of a spot Bitcoin ETP exposes U.S. investor assets to significant risk because investors that would otherwise seek crypto asset exposure through a spot Bitcoin ETP are forced to find alternative exposure through generally riskier means,\x94 the Fidelity filing said. Story continues On Wednesday, investment management fund ARK Invest also filed an amendment to its April application for a spot Bitcoin ETF. The total cryptocurrency market cap rose 1.24% to US$1.17 trillion, with trading volume dropping 12.22% to US$29.96 billion, according to CoinMarketCap data. Long-term Azuki collectors sell out The indexes are proxy measures of the performance of the global NFT market. They are managed by CryptoSlam , a sister company of Forkast.News under the Forkast.Labs umbrella. In the NFT market, the Forkast 500 NFT index dipped 0.79% to 2,852.82 in the 24 hours to 10:00 a.m. in Hong Kong. The index is down 1.79% for the week. NFT trading volume on Ethereum dropped 19.79% to US$20.87 million over the past 24 hours, while volume on the Bitcoin network rose 357.82% to US$13.38 million, according to CryptoSlam data . Sales of Uncategorized Ordinals \x97 CryptoSlam\x92s category of Bitcoin Ordinals that are not part of one established collection \x97 rose 7.22% to US$9.25 million, making it the most-sold collection in the past day. Solana-based SMB Barrel Raffle , which started public minting on Thursday, saw the second-largest daily volume of US$5.1 million. Trading volume of Azuki Elementals dropped 46.5% to US$2.95 million, and the original Azuki collection saw a 7.76% drop to US$2.79 million. While the new Azuki Elementals sold out its 20,000 NFTs within 15 minutes when it began minting on Tuesday, collectors were \x93angry\x94 as the new NFTs looked almost identical to the original Azuki collection, according to Yehudah Petscher, NFT strategist at Forkast Labs, the parent company of Forkast.News. That could potentially devalue the NFT collection as a whole, he said. \x93Tonight [on Thursday] the founder of Azuki, Zagabond, is meeting with the community to discuss the week\x92s mint, and likely address concerns,\x94 Petscher said. According to data analytics firm Nansen on Twitter on Thursday: \x93Azuki and Beanz collectors that have held for over 1 year have been selling their NFTs post-Elementals mint.\x94 Meanwhile, art auction house Sotheby\x92s plans to launch a new generative art program, or work generated from algorithms. That will be in partnership with Art Blocks , which powers generative minting technology to brands and artists, according to a Wednesday statement shared with Forkast via email. \x93This will allow generative art long form collections to be minted right on Sotheby\x92s own platform,\x94 Petscher said. \x93Generative art is really beginning to spread its wings following the sale of \x91The Goose\x92 \x97 The Ringers #879 \x97 for US$5.4 million (US$6.2 million with fees) on June 15.\x94 China\x92s economy contracts for third month A steel factory oin Nantong, Jiangsu Province of China. Image: Getty Images Asia equity markets were mixed on the last day of the quarter as investors assessed fresh economic data from the U.S. and China. U.S. stock futures edged higher as of 11:00 a.m. in Hong Kong. Dow Jones Industrial Average futures edged up 0.01%, S&P 500 futures climbed 0.08%, and Nasdaq Futures added 0.19%. U.S. economic growth expanded faster than estimated in the first quarter, according to official data released Thursday. In the first quarter, the country\x92s gross domestic product (GDP) rose by an annualized rate of 2%, up from the previously estimated 1.3%. The amount of initial jobless claims in the U.S. dropped by 26,000 to 239,000 for the week ended June 24, the largest decrease since October 2021. The robust economic showing in the U.S. wasn\x92t repeated in China, where the country\x92s manufacturing activity contracted in June for the third month, the National Bureau of Statistics said Friday. The official manufacturing purchasing managers\x92 index came in at 49.0 for the month, compared to 48.8 in May. A reading below 50 indicates contraction. Chinese Premier Li Qiang said on Tuesday that China was still on track to meet its 5% annual growth target. Investors, however, still need to contend with more interest rate hikes this year in the world\x92s biggest economy. U.S. Fed Chair Jerome Powell has repeatedly said the Fed may raise rates at the next two meetings and repeated that message at a central bank gathering in Portugal this week. U.S. interest rates are now between 5% and 5.25%, the highest since 2006. The CME FedWatch Tool predicts an 86.8% chance for a 25-basis-point rate hike at the Fed\x92s next meeting on July 26. It predicts a 13.2% chance the Fed will leave rates unchanged. (Updates to add equities section.)', 'Bitcoin gained along with all other top 10 non-stablecoin cryptocurrencies on Friday morning in Asia after data this week showed the U.S. economy expanded even in the face of repeated interest rate hikes. U.S. GDPgrewfaster than expected in the first quarter and initialjobless claimscame in at less than expected. Also, asset manager Fidelity Investments on Thursdayfiledto offer a spot Bitcoin exchange-traded fund (ETF).\nBitcoin climbed 1.05% to US$30,453 over the last 24 hours to 6:40 a.m. in Hong Kong, according todatafrom CoinMarketCap. The world’s largest cryptocurrency by market capitalization is up 1.43% over the past seven days.\nEther rose 1.28% to US$1,853, but is down 1.4% for the week.\nAll top 10 non-stablecoin cryptocurrencies traded higher. Solana led the gains on a 12.35% jump and a 7.56% weekly gain. This despite the Thursday announcement from Cardinal, a Solana non-fungible token (NFT) protocol, that it will be winding down operations due to what it called a challenging macroeconomic environment.\nCardinaltweetedon Thursday that the team will disable new deposit instructions on July 19 and cease operations on features including staking and new NFT rentals.\nElsewhere, Fidelity has refiled an application for a spot Bitcoin ETF. The Thursdayfilingwith the Securities and Exchange Commission (SEC) shows that the COBE exchange hasproposedto list and trade shares of the Wise Origin Bitcoin Trust. The SEC rejected a Bitcoin ETF application from Fidelity in 2021.\nFidelity’s move follows a wave of U.S. spot Bitcoin ETF applications submitted by asset managers this month, includingBlackRock,WisdomTree, Invesco and Bitwise, indicating institutions are confident in the profit potential of digital assets and demand.\n“To this point, the lack of a spot Bitcoin ETP exposes U.S. investor assets to significant risk because investors that would otherwise seek crypto asset exposure through a spot Bitcoin ETP are forced to find alternative exposure through generally riskier means,” the Fidelity filing said.\nOn Wednesday, investment management fund ARK Invest alsofiledan amendment to its April application for a spot Bitcoin ETF.\nThe total cryptocurrency market cap rose 1.24% to US$1.17 trillion, with trading volume dropping 12.22% to US$29.96 billion, according to CoinMarketCap data.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the NFT market, theForkast 500 NFT indexdipped 0.79% to 2,852.82 in the 24 hours to 10:00 a.m. in Hong Kong. The index is down 1.79% for the week.\nNFT trading volume on Ethereum dropped 19.79% to US$20.87 million over the past 24 hours, while volume on the Bitcoin network rose 357.82% to US$13.38 million, according to CryptoSlamdata.\nSales of Uncategorized Ordinals — CryptoSlam’s category of Bitcoin Ordinals that are not part of one established collection — rose 7.22% to US$9.25 million, making it the most-sold collection in the past day.\nSolana-basedSMB Barrel Raffle, which started public minting on Thursday, saw the second-largest daily volume of US$5.1 million.\nTrading volume of Azuki Elementals dropped 46.5% to US$2.95 million, and the original Azuki collection saw a 7.76% drop to US$2.79 million.\nWhile the new Azu Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-30 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $596,194,445,362 - Hash Rate: 397786579.2301125 - Transaction Count: 445197.0 - Unique Addresses: 753791.0 Social & AI Sentiment: - Fear & Greed Index: 0.56 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Digital payments firmStrikehas established a new headquarters in El Salvador for its international entity that could serve as a beachhead as itexpands to more than 65 countries. But Strike says its primary headquarters is still in Chicago, despite regulatory uncertainty that hascaused other crypto companies like Bittrexto exit the U.S. market. Strike has a U.S. entity that oversees operations in the domestic market, as well as the El Salvador-based entity to oversee global operations. Strike CEO Jack Mallers announced the El Salvador headquarters during his keynote speech at the Bitcoin 2023 conference in Miami Beach, Florida, last week. During his speech at the conference, Mallers juxtaposed the Bitcoin-friendly environment in El Salvador with what he described as a climate of regulatory uncertainty in the U.S. “We're living in a country right now where the SEC is fighting with Brian Armstrong,” Mallers said – likely referencingthe Wells notice Coinbase received in Marchfrom the Securities and Exchange Commission (SEC). “And we're going global, headquartered out of El Salvador. It's really fcking awesome, it's really a beautiful thing.” Armstrong, CEO of cryptocurrency exchange Coinbase,recently statedthat his firm would consider moving out of the U.S. if the regulatory uncertainty persists. It’s unclear if Strike would do the same.... - Reddit Posts (Sample): [['u/Ging9tailedjecht', 'Have been skeptical about people saying they pulled a badass card on their first box. But I literally just witnessed my friend open his very 1st box of 3 that he bought from Gamestop and this man pulls the 01/25 Ruby Bitcoin!!! I jumped outta my chair and ran to my house to give him a magnetic case!', 68, '2023-06-30 00:17', 'https://www.reddit.com/r/Currencytradingcards/comments/14mibir/have_been_skeptical_about_people_saying_they/', 'Absolutely insane! He also pulled a MR7 Holofoil from the same box different pack!!', 'https://www.reddit.com/gallery/14mibir', '14mibir', [['u/-Squidster-', 18, '2023-06-30 00:22', 'https://www.reddit.com/r/Currencytradingcards/comments/14mibir/have_been_skeptical_about_people_saying_they/jq1yvrl/', 'That card looks so good. I mean, I know everyone loves the 1As but 1 where the WHOLE card changes color looks SO much better in my opinion then all silver/chrome face.', '14mibir'], ['u/LazyMarine78', 14, '2023-06-30 00:33', 'https://www.reddit.com/r/Currencytradingcards/comments/14mibir/have_been_skeptical_about_people_saying_they/jq20esm/', "I'll give him tree fiddy.", '14mibir'], ['u/-Squidster-', 10, '2023-06-30 00:38', 'https://www.reddit.com/r/Currencytradingcards/comments/14mibir/have_been_skeptical_about_people_saying_they/jq213up/', 'That username though….', '14mibir'], ['u/Ging9tailedjecht', 10, '2023-06-30 01:25', 'https://www.reddit.com/r/Currencytradingcards/comments/14mibir/have_been_skeptical_about_people_saying_they/jq27ks2/', 'Worthless? Lmfao!!!', '14mibir']]], ['u/butterfly-garden', 'My Mommy is a cloaca and my heart is broken', 294, '2023-06-30 01:40', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/', "Is William da Tuxie. sniff* Today, Mommy putted her black sneakers on. I know what dat means, Mommy is going for her walk. I wasn't worried acause she always does this and she always comes back. \n\nSo, she came home. While she was taking her shoes off, I runned up to her for my welcome home scritch, and dat's when my world fell apart. Mommy smelled like dog. Dog! sob\n\nShe told me dat she din't do nuffin', dat da dog was walking wif her daddy and came up to my Mommy. I want to believe her, but her hands AND her shoes smelled like dog. sob\n\nSo, my question is dis: WIBTC if I took my brudder Martin and left? I'm willing to risk the tixenfleece and preddors to find a better home.", 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/', '14mkacc', [['u/teapotoccamy', 127, '2023-06-30 01:54', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2bgu3/', "NTC! I tuxie too! (Parsley) \n\nMy mom do dis and it's betray! Aboose! Gotta throw the whole mom in da rain room as punishments. No more snuggies till proper snack apology", '14mkacc'], ['u/Gracelandrocks', 174, '2023-06-30 02:01', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2cfqb/', "OMG, OP, you absolute MONSTER! How could you do such a thing to poor sweet little William! Just look at his wee face, he's shattered! \n\nPS: Carry a small pack of scented wet wipes with you next time so you can indulge your evil random pet petting habits but avoid breaking this gorgeous little man's heart!", '14mkacc'], ['u/WildColonialGirl', 109, '2023-06-30 02:07', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2d8up/', 'Aww, poor William and Martin. NTC but leaving is pretty drastic. Better to punish Mommy by puking where she can step in it, singing the song of your people late at night, and begging for and stealing food. We did all of the above when our moms brought dogs home. We tolerate the dog now but every so often we remind our moms that we were here first. ❤️ Sam and Mouse', '14mkacc'], ['u/PorkrindsMcSnacky', 59, '2023-06-30 02:26', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2fqal/', 'Hey, at least you don’t have to LIVE with one. My mom actually BROUGHT a dog to live with us! Her smell is EVERYWHERE. It’s so gross. Her smell is sometimes even on ME! And no matter how much I lick myself clean, I can still smell her! I wanna puke. In fact, I’m gonna do so right after I write this. \n\nPS: NTC but SHAME SHAME on your mom for bringing dog smell to your house!\n\n-Loki, 13M gray tabby', '14mkacc'], ['u/Macropixi', 47, '2023-06-30 02:28', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2g1dd/', 'When momma smells wike udder nanimals I make stinky sniffy face with lip curl, Den I wefuse! Absowootly wefuse to let momma pet me while she smells wike dat! I don’t eben stick butt in face. Just ignore compwetely!', '14mkacc'], ['u/Sunshine030209', 36, '2023-06-30 02:34', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2gq5z/', 'Floof, 7 year old fluffy tuxedo girl here. \n\nI can not believe the audacity of your mommy! She could have crossed the street when that dog was coming her way. She could have yelled "Ewww! A dog!" And ran away when the icky dog came towards her. So many options!\n\nBut she went ahead and PETTED the stinky thing?! Is she crazy?! \n\nYou might want to get your mommy tested, sounds like she might have that tragic affliction that makes humans want to touch dogs.\n\nMy own humans have fallen victim recently. My daddy\'s mom and dad got a new puppy. They visit it EVERY WEEKEND! They spend ALL of the money that should go to my kibbles and treats on toys and treats for that stinky mutt! Their phones are filled with pictures of that dumb lil pooch, leaving NO room for more pictures of me.\n\nIt\'s tragic.\n\nYou should look into taking your mommy to the human pokey place, see if they will give her shots to get rid of her desire to touch dogs.', '14mkacc'], ['u/Sunshine030209', 34, '2023-06-30 02:36', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2gz2m/', "This is my glorious self, doing a very good grumpy face. I'm sure I was thinking about that puppy when it was taken\n\nhttps://preview.redd.it/m9p6vokiw19b1.jpeg?width=2250&format=pjpg&auto=webp&v=enabled&s=c06d4420152148a4bae94e62a343cea28591e514", '14mkacc'], ['u/Sunshine030209', 31, '2023-06-30 02:37', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2h2g5/', "And this is the little idiot puppy my human slaves are obsessed with. I don't see the appeal myself\n\nhttps://preview.redd.it/7uqoq2hnw19b1.jpeg?width=1534&format=pjpg&auto=webp&v=enabled&s=4e608e13e8af32e419d763232250b480b7f3f7c8", '14mkacc'], ['u/im_always', 24, '2023-06-30 02:58', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2jv4b/', 'this breaks my heart.', '14mkacc'], ['u/LotusGrowsFromMud', 27, '2023-06-30 02:59', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2jzbn/', 'It is I, Queen Susan. Sometimes my Favorite Human pets other animals. But I know that she doesn’t care about them at all. She just pets them because she knows that I like to have new scents to decipher. It is all about making ME happy. Maybe your human is doing this, too, but you had a miscommunication?', '14mkacc'], ['u/FatDesdemona', 26, '2023-06-30 03:09', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2l69b/', "Aim your puke well, Loki! Shoes are great, but I'm sure you'll find an appropriate spot.", '14mkacc'], ['u/ThaneOfCawdorrr', 60, '2023-06-30 03:20', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2mmp6/', 'Ohhhh William, LOOK AT YOUR BROKEN HEARTED FAC! How COULD your mommthur be so wicccked! WHen she saw a dogg, she KNEOUGHS what to do: pin her ears back, hiss-hiss, mak sure the dogg kneoguhs he is NOT WELLCOME!!! NO! NO DOGGS! OHhhh the purrfidy. The betttrayall. The treachhhhury. I hop she can make it up to you with LOTS of tretes and many cuddels and pettungs, and allowing you on the counter. It is only rigt.', '14mkacc'], ['u/butterfly-garden', 81, '2023-06-30 03:21', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2mnlv/', 'It IS betray! So much betray! And...and she owes me BIG snack. Lots of snacks. I go tell her now!', '14mkacc'], ['u/ElizAnd2Cats', 13, '2023-06-30 03:21', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2moc7/', 'Poor sweet William! NTC, obviously.', '14mkacc'], ['u/delta-TL', 23, '2023-06-30 03:25', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2n671/', 'Yes, I Cassidy, Princess Fuzzy Pants, smol brown tabby extraordinaire, like to get smell mail from my momther. I snifs it up, then cover it with my own smell by pressy-facing her fingers.', '14mkacc'], ['u/CZ1988_', 40, '2023-06-30 03:25', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2n6g6/', 'Yes get big snack. Poor William', '14mkacc'], ['u/butterfly-garden', 126, '2023-06-30 03:25', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2n6qk/', 'Mommy here. Scented wet wipes is not a bad idea, lol. Little Raquel is a miniature dachshund who thinks EVERYONE is her friend, lol. I guess I need to get in the habit of cleaning myself up. William looked so betrayed. 😿 I felt awful!', '14mkacc'], ['u/lizbo', 19, '2023-06-30 03:25', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2n8xv/', 'Old Man Bubs here, Handsomest Cat. Oh young buck I... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin Well EDMONTON, Alberta, June 30, 2023 (GLOBE NEWSWIRE) -- Bitcoin Well Inc. (\x93 Bitcoin Well \x94 or the \x93 Company \x94) ( TSXV:BTCW; OTCQB:BCNWF ), announces a shares for debt arrangement. Shares for Debt The Company plans to issue 1,152,273 Common Shares having an aggregate value of $63,375 related to the balance of the earn-out on the Equibytes acquisition, previously announced on September 8, 2021 . The Common Shares will be issued at a deemed price of $0.055 per Common Share, being equal to the closing trading price of the Common Shares on the TSXV on the date of this news release. The issuance of the Common Shares is subject to the approval of the TSXV, and such Common Shares will be subject to a four-month plus one day hold period pursuant to TSXV policies. About Bitcoin Well Bitcoin Well is in the business of future-proofing money. We do this by making bitcoin useful to everyday people to give them the convenience of modern banking and the benefits of bitcoin. Our existing Bitcoin ATM and Personal Services business unit drives cash-flow to help fund this mission. Join our investor community and follow us on Nostr , LinkedIn , Twitter and YouTube to keep up to date with our business. Bitcoin Well contact information To book a virtual meeting with our Founder & CEO Adam O\x92Brien please use the following link: https://bitcoinwell.com/meet-adam For additional investor & media information, please contact: Tel: 1 888 711 3866 [email protected] Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release . Forward-looking information Certain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", or the negative thereof and similar expressions. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. Story continues Bitcoin Well actual results could differ materially from those anticipated in this forward-looking information as a result of regulatory decisions, competitive factors in the industries in which Bitcoin Well operates, prevailing economic conditions, and other factors, many of which are beyond the control of Bitcoin Well. Bitcoin Well believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward-looking information contained in this news release represents Bitcoin Well expectations as of the date hereof, and is subject to change after such date. Bitcoin Well disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation. For more information, see the Cautionary Note Regarding Forward Looking Information found in the Bitcoin Well quarterly Management Discussion and Analysis.', 'EDMONTON, Alberta, June 30, 2023 (GLOBE NEWSWIRE) --Bitcoin Well Inc.(“Bitcoin Well” or the “Company”) (TSXV:BTCW; OTCQB:BCNWF), announces a shares for debt arrangement.\nShares for Debt\nThe Company plans to issue 1,152,273 Common Shares having an aggregate value of $63,375 related to the balance of the earn-out on the Equibytes acquisition, previously announced onSeptember 8, 2021. The Common Shares will be issued at a deemed price of $0.055 per Common Share, being equal to the closing trading price of the Common Shares on the TSXV on the date of this news release. The issuance of the Common Shares is subject to the approval of the TSXV, and such Common Shares will be subject to a four-month plus one day hold period pursuant to TSXV policies.\nAbout Bitcoin Well\nBitcoin Well is in the business of future-proofing money. We do this by making bitcoin useful to everyday people to give them the convenience of modern banking and the benefits of bitcoin. Our existing Bitcoin ATM and Personal Services business unit drives cash-flow to help fund this mission.\nJoin ourinvestor communityand follow us onNostr,LinkedIn,TwitterandYouTubeto keep up to date with our business.\nBitcoin Well contact information\nTo book a virtual meeting with our Founder & CEO Adam O’Brien please use the following link:https://bitcoinwell.com/meet-adam\nFor additional investor & media information, please contact:Tel: 1 888 711 [email protected]\nNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.\nForward-looking informationCertain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", or the negative thereof and similar expressions.Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information.\nBitcoin Well actual results could differ materially from those anticipated in this forward-looking information as a result of regulatory decisions, competitive factors in the industries in which Bitcoin Well operates, prevailing economic conditions, and other factors, many of which are beyond the control of Bitcoin Well.\nBitcoin Well believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to becorrectand such forward-looking information should not be unduly relied upon.\nAny forward-looking information contained in this news release represents Bitcoin Well expectations as of the date hereof, and is subject to change after such date. Bitcoin Well disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.\nFor more information, see the Cautionary Note Regarding Forward Looking Information found in the Bitcoin Well quarterly Management Discussion and Analysis.', 'EDMONTON, Alberta, June 30, 2023 (GLOBE NEWSWIRE) --Bitcoin Well Inc.(“Bitcoin Well” or the “Company”) (TSXV:BTCW; OTCQB:BCNWF), announces a shares for debt arrangement.\nShares for Debt\nThe Company plans to issue 1,152,273 Common Shares having an aggregate value of $63,375 related to the balance of the earn-out on the Equibytes acquisition, previously announced onSeptember 8, 2021. The Common Shares will be issued at a deemed price of $0.055 per Common Share, being equal to the closing trading price of the Common Shares on the TSXV on the date of this news release. The issuance of the Common Shares is subject to the approval of the TSXV, and such Common Shares will be subject to a four-month plus one day hold period pursuant to TSXV policies.\nAbout Bitcoin Well\nBitcoin Well is in the business of future-proofing money. We do this by making bitcoin useful to everyday people to give them the convenience of modern banking and the benefits of bitcoin. Our existing Bitcoin ATM and Personal Services business unit drives cash-flow to help fund this mission.\nJoin ourinvestor communityand follow us onNostr,LinkedIn,TwitterandYouTubeto keep up to date with our business.\nBitcoin Well contact information\nTo book a virtual meeting with our Founder & CEO Adam O’Brien please use the following link:https://bitcoinwell.com/meet-adam\nFor additional investor & media information, please contact:Tel: 1 888 711 [email protected]\nNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.\nForward-looking informationCertain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", or the negative thereof and similar expressions.Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information.\nBitcoin Well actual results could differ materially from those anticipated in this forward-looking information as a result of regulatory decisions, competitive factors in the industries in which Bitcoin Well operates, prevailing economic conditions, and other factors, many of which are beyond the control of Bitcoin Well.\nBitcoin Well believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to becorrectand such forward-looking information should not be unduly relied upon.\nAny forward-looking information contained in this news release represents Bitcoin Well expectations as of the date hereof, and is subject to change after such date. Bitcoin Well disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.\nFor more information, see the Cautionary Note Regarding Forward Looking Information found in the Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-01 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $594,454,899,188 - Hash Rate: 334845664.7949681 - Transaction Count: 324274.0 - Unique Addresses: 622117.0 Social & AI Sentiment: - Fear & Greed Index: 0.59 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: It’s been a volatile year for the cryptocurrency sector, to put it mildly. The industry has faced unprecedented levels of scrutiny, scandals, and bad press thanks to high-profile fraud and financial missteps such as the collapse of the FTX crypto futures exchange and crypto-based hedge fund and the subsequent indictment of its now-infamous co-founder and CEO Sam Bankman-Fried. While most of the buzz has since blown over, the industry remains under a regulatory microscope, and many companies are still tangled up in litigation. Just this month, The Securities and Exchange Commission sued two crypto firms in two days because of alleged misconduct: Binance, the world’s largest crypto exchange, is accused ofoperating an illegal trading platformin the United States and misusing customer funds, while Coinbase, the country’s largest crypto platform, failedto register as an exchange, a legal requirement. But crypto seems to have survived its dark night of the soul and come out the other side with a surprising rebound. In fact, as Bitcoin prices have surged in recent months, so too have mining operations – and their associated carbon footprint. Despite all of the industry uncertainty, Bitcoin’s carbon emissions are currently at anall-time high, using nearly the same amount of energy annually as the entire nation of Austria, according to the University of Cambridge’sBitcoin Electricity Consumption Index. And that staggering energy footprint will almost certainly continue to balloon as the proof-of-work problems become more and more complex for miners to solve. Bitcoin’s shocking energy use is a result of the cryptocurrency’s mining process, which relies on a public ledger powered by the blockchain. In order for Bitcoin transactions to remain secure, authenticatable, and anonymous, each entry to the ledger is achieved through solving complex computational problems, a process known as “proof of work.” The ‘miner’ who solves this puzzle fastest receives a newly minted Bitcoin in return for their efforts. “Proof of work” is a process of pure trial and error – plugging in random solutions and hoping to hit it big. This means that high-power super-computers, which can make more calculations in a shorter time, have an advantage. But to keep the currency from being devalued as more and more miners mint new coins, solving for proof of work gets harder and harder according to the level of competition. By design, mining one Bitcoin always takes about 10 minutes. As a result, Bitcoin miners constantly have to use more and more computing power, and often have entire warehouses full of supercomputers working away. The result: the same amount of Bitcoin produced annually, but with constantly increasing energy use and carbon emissions. In 2009, you could mine Bitcoin using just a few seconds’ worth of household electricity; now, you would need to consume about9 years’ worth. But there may finally be a solution to this compounding problem:quantum computing. According to recentreportingfrom CoinsPaid Media, quantum computing-based systems have been modeled to be “vastly superior to classic mining equipment in terms of energy efficiency.” This finding is based on astudyconducted by researchers at the University of Kent in the United Kingdom, who compared the energy consumption of three different quantum computers when mining cryptocurrencies using the blockchain. The resulting potential energy savings are staggering. “We show that the transition to quantum-based mining could incur an energy saving—by relatively conservative estimates—of about roughly 126.7TWH, or put differently, the total energy consumption of Sweden in 2020,” the study states. And, unlike traditional mining equipment, which is already extremely advanced in its technology, quantum computers are still in their nascency and will likely become more refined to be even more energy-efficient in the near future. However, this discovery has some important caveats. “Quantum mining is only energy efficient when using equipment with about 512 qubits,” explains CoinsPaid Media. “Meanwhile, the most powerful quantum processors available on the market, the IBM Osprey and D-Wave D2, have only 433 and 512 qubits, respectively.” More importantly, quantum computingjust isn’t that evolved yet, and will have a long way to go before it can feasibly achieve these kinds of savings. Quantum computing may save the climate from Bitcoin, but it won’t be soon. And the timeline to avoid the worst impacts of climate change is a short one. By Haley Zaremba for Oilprice.com More Top Reads From Oilprice.com: • First Major Solar Power Plant Takes Shape In Azerbaijan • Rising Interest Rates And Inflation Threaten UK Manufacturing • Middle East Oil Prices Soar Amid Chinese Trading Frenzy Read this article on OilPrice.com... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["• Revenue: €8.67m (down 66% from FY 2021).\n• Net loss: €2.41m (down by 118% from €13.4m profit in FY 2021).\nAll figures shown in the chart above are for the trailing 12 month (TTM) period\nLooking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Germany are expected to remain flat.\nPerformance of theGerman Capital Markets industry.\nThe company's shares are up 1.3% from a week ago.\nWhile it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis andyou can see our take on Bitcoin Group's balance sheet.\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", "Bitcoin Group ( ETR:ADE ) Full Year 2022 Results Key Financial Results Revenue: \x808.67m (down 66% from FY 2021). Net loss: \x802.41m (down by 118% from \x8013.4m profit in FY 2021). earnings-and-revenue-growth All figures shown in the chart above are for the trailing 12 month (TTM) period Bitcoin Group Earnings Insights Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Germany are expected to remain flat. Performance of the German Capital Markets industry. The company's shares are up 1.3% from a week ago. Balance Sheet Analysis While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Bitcoin Group's balance sheet. 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", "• Revenue: €8.67m (down 66% from FY 2021).\n• Net loss: €2.41m (down by 118% from €13.4m profit in FY 2021).\nAll figures shown in the chart above are for the trailing 12 month (TTM) period\nLooking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Germany are expected to remain flat.\nPerformance of theGerman Capital Markets industry.\nThe company's shares are up 1.3% from a week ago.\nWhile it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis andyou can see our take on Bitcoin Group's balance sheet.\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", 'Jack Dorsey and Elon Musk. Joe Raedle, Michael Gonzalez/Getty Images Jack Dorsey said "running Twitter is hard" as users hit out at Elon Musk for imposing "rate limits." Dorsey said "I don\'t wish that stress upon anyone" after Musk capped how many tweets users can see. Musk said the limits were "temporary" and walked back on the numbers several times on Saturday. Heavy is the head that wears the crown – at least that\'s how it seems Jack Dorsey is feeling. The Twitter co-founder said Saturday that "running Twitter is hard" after Elon Musk sparked a backlash by announcing "rate limits" on viewing tweets. Many users criticized his decision after he announced the sudden changes. "I don\'t wish that stress upon anyone," Dorsey tweeted. "I trust that the team is doing their best under the constraints they have, which are immense. It\'s easy to critique the decisions from afar … which I\'m guilty of … but I know the goal is to see Twitter thrive. It will." Musk said Saturday that Twitter was placing temporary tweet-viewing rate limits restricting how many posts users can see. He blamed the decision on "extreme levels" of data scraping from AI companies. The Twitter CEO informed users of the changes hours after there were more than 13,000 reports of outages of the platform in the US and UK, per DownDetector. Many users got a notification that read: "Sorry, you are rate limited. Please wait a few moments then try again." It came after Musk said Friday that users would need to sign in to view tweets and that it wouldn\'t show tweet preview when links are shared on other platforms. Dorsey also said after the new restrictions were announced that he hopes Twitter will build on "censorship-resistant open protocols" such as Bitcoin, which he said was "good for all, and\xa0critical to preserve the open internet." The former CEO stepped down in November 2021 after leading the company since 2006 and announced Parag Agrawal as his successor, who Musk fired when he acquired Twitter for $44 billion. Story continues Musk walked back on the number of tweets accounts can view a day several times on Saturday. First he said verified accounts could read 6,000 posts per day, while unverified and newly created unverified accounts would be able to see just 600 and 300 posts per day. A few hours later he said it was increasing the rate limits to "8000 for verified, 800 for unverified & 400 for new unverified"\xa0 before changing the rules again and saying "now to 10k, 1k & 0.5k." Twitter did not respond to a request for comment from Insider, as it changed its policy for interacting with the media earlier this year. Read the original article on Business Insider', 'Jack Dorsey and Elon Musk. Joe Raedle, Michael Gonzalez/Getty Images Jack Dorsey said "running Twitter is hard" as users hit out at Elon Musk for imposing "rate limits." Dorsey said "I don\'t wish that stress upon anyone" after Musk capped how many tweets users can see. Musk said the limits were "temporary" and walked back on the numbers several times on Saturday. Heavy is the head that wears the crown – at least that\'s how it seems Jack Dorsey is feeling. The Twitter co-founder said Saturday that "running Twitter is hard" after Elon Musk sparked a backlash by announcing "rate limits" on viewing tweets. Many users criticized his decision after he announced the sudden changes. "I don\'t wish that stress upon anyone," Dorsey tweeted. "I trust that the team is doing their best under the constraints they have, which are immense. It\'s easy to critique the decisions from afar … which I\'m guilty of … but I know the goal is to see Twitter thrive. It will." Musk said Saturday that Twitter was placing temporary tweet-viewing rate limits restricting how many posts users can see. He blamed the decision on "extreme levels" of data scraping from AI companies. The Twitter CEO informed users of the changes hours after there were more than 13,000 reports of outages of the platform in the US and UK, per DownDetector. Many users got a notification that read: "Sorry, you are rate limited. Please wait a few moments then try again." It came after Musk said Friday that users would need to sign in to view tweets and that it wouldn\'t show tweet preview when links are shared on other platforms. Dorsey also said after the new restrictions were announced that he hopes Twitter will build on "censorship-resistant open protocols" such as Bitcoin, which he said was "good for all, and\xa0critical to preserve the open internet." The former CEO stepped down in November 2021 after leading the company since 2006 and announced Parag Agrawal as his successor, who Musk fired when he acquired Twitter for $44 billion. Story continues Musk walked back on the number of tweets accounts can view a day several times on Saturday. First he said verified accounts could read 6,000 posts per day, while unverified and newly 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: 2023-07-02 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $594,789,120,569 - Hash Rate: 430515854.7363876 - Transaction Count: 309920.0 - Unique Addresses: 534333.0 Social & AI Sentiment: - Fear & Greed Index: 0.63 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Total Revenue of $7.67 Million Group Gross profit of $2.99 Million Record Hosting revenue of $4.32 Million Energy Markets Revenue of $0.44 Million 121 Self-mined Bitcoin SHARON, Pa., May 15, 2023 --( BUSINESS WIRE )--Mawson Infrastructure Group Inc. (NASDAQ: MIGI) ("Mawson"), a digital infrastructure provider, is pleased to report unaudited financial results and highlights for the first quarter ending March 31, 2023. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230515005546/en/ Aerial view of Midland Expansion Deployment, Pennsylvania (Photo: Business Wire) Q1 2023 Financial and Business Highlights Revenue of $7.67 million Gross profit of $2.99 million Signed an expansion amendment for an additional 20MW at the Midland, PA facility, increasing the total facility to 120 MW of power available in Q2, 2023 Commenced construction of the final 70 MW of the 120 MW Midland, PA facility Started construction of the new 120 MW Sharon, PA facility, with 12 MW onsite available for energization in Q2, 2023. Corporate Developments Subsequent to Quarter End Sold greenfield Texas leases and transformers for $8.5 million in cash and stablecoin. Acquired new 24 MW facility in Corning, OH on long term lease. Commenced energization of final 70 MW for the Midland, PA facility. Raised circa $5 million equity capital in a registered direct offering to advance new site infrastructure, further development, potential acquisitions, miner acquisitions and working capital. Increased self mining machine count from 5,880 in March to 13,500 machines deployed as of May 10 2023 Strategic Focus Expansion of Bitcoin Self-Mining and Hosting Co-location operations to our projected 7.0 Exahash by Q4, 2023 with the potential to power up to 50,000 hosted and self mining machines. 1 Continue the expansion of our Pennsylvania and Ohio region facilities where the company has strategic relationships, favorable energy contracts and expansion opportunities. Continue with our market leading Energy Markets Program, which offers additional high margin revenue, provides financial flexibility and reduces overall costs of production. Expand upon a portfolio of sites in preferred geographies and jurisdictions for long term digital infrastructure capacity. Develop strategic partnerships and relationships with suppliers, customers and communities. Continue to offer quality hosting services to miners in addition to increasing self-mining capacity. Continue to research the market for attractive buying opportunities for the latest generation ASIC hardware Continue the research and development of ASIC hardware to ensure the most efficient and well performed units are deployed at our locations Story continues James Manning, CEO and Founder of Mawson Infrastructure , said, " The first quarter results reflect the transition of our business to the Midland facility. We are excited as we start turning on the additional capacity in Q2 and securing new facilities to facilitate Mawson’s growth through 2023." Liam Wilson, COO of Mawson Infrastructure , said, "Mawson has hit the ground running in 2023. Our operational team has been busy deploying units ahead of their scheduled Q2, 2023 turn on dates. We were also very pleased with the outcome from the sale of the Texas leases and transformers, and equally as excited about the new opportunity in Corning, Ohio. This is our first site in Ohio, and we look forward to bringing the initial 24 MW online ASAP. Our 20 MW expansion amendment in Midland, PA is a testament to our existing relationships." About Mawson Infrastructure Mawson Infrastructure Group Inc (NASDAQ: MIGI) is a digital infrastructure provider, with multiple operations throughout the USA. Mawson’s vertically integrated model is based on a long-term strategy to promote the global transition to the new digital economy. Mawson matches sustainable energy infrastructure with next-generation Mobile Data Center (MDC) solutions, enabling low-cost Bitcoin production and on-demand deployment of infrastructure assets. With a strong focus on shareholder returns and an aligned board and management, Mawson Infrastructure Group Inc is emerging as a global leader in ESG focused Bitcoin mining and digital infrastructure. For more information, visit: www.mawsoninc.com CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Mawson cautions that statements in this press release that are not a description of historical fact are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words referencing future events or circumstances such as "expect," "intend," "plan," "anticipate," "believe," and "will," among others. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are based upon Mawson’s current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, which include, without limitation, the possibility that Mawson’s need and ability to raise additional capital, the development and acceptance of digital asset networks and digital assets and their protocols and software, the reduction in incentives to mine digital assets over time, the costs associated with digital asset mining, the volatility in the value and prices of cryptocurrencies and further or new regulation of digital assets. More detailed information about the risks and uncertainties affecting Mawson is contained under the heading "Risk Factors" included in Mawson’s Annual Report on Form 10-K filed with the SEC on March 23, 2023, and Mawson’s Quarterly Report on Form 10-Q filed with the SEC on May 11, 2023, November 14, 2022 and in other filings Mawson has made and may make with the SEC in the future. One should not place undue reliance on these forward-looking statements, which speak only as of the date on which they were made. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Mawson undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made, except as may be required by law. 1 Based on the continued development of the Midland and Sharon facilities to their maximum capacity. Statements about ASIC miner capacity and Exahash forecasts or goals in this document are not an assurance that Mawson will have that many ASIC miners available to deploy (whether self-mining or hosted units), or that Mawson will be able to achieve that EH goal. Mawson’s ability to deploy units and achieve EH goals will depend on many factors such as Mawson’s future ASIC miner purchases and sales, our ability to attract future hosting customers, and the number of ASIC miners’ customers have to deploy, and the efficient and hash rate of those miners. View source version on businesswire.com: https://www.businesswire.com/news/home/20230515005546/en/ Contacts Investor Contact: Brett Maas 646-536-7331 [email protected] www.haydenir.com... - Reddit Posts (Sample): [['u/Possible-Magazine23', 'Seeing DCA strategy been discussed a lot. But what about a "ladder-down" limit order strategy? Let me know your thought please!', 62, '2023-07-02 00:31', 'https://www.reddit.com/r/Bitcoin/comments/14o7pvr/seeing_dca_strategy_been_discussed_a_lot_but_what/', 'Hey all,\n\nI\'m trying to come up with a strategy to add some more sats in the 2nd half of the year for the the next bull run. Given I already hold some, I don\'t want to chase any pump or fomo in. So instead of a traditional time-based DCA strategy, I\'m thinking maybe it\'s a better idea to "ladder-down" limit buy orders based on price (don\'t know if there\'s a better name for this). Below is an example.\n\nhttps://preview.redd.it/26bywffnhf9b1.png?width=312&format=png&auto=webp&v=enabled&s=8e3ccfc813d016096de6f2079cc292264cadd3fd\n\nIMO, comparing to DCA, this has at least 2 advantages -\n\n1. I personally view price as risk. This means I only buy when the risk is lower and automatically avoid it when risk is higher.\n2. This allows me to capture the downside volatility, aka "wicks". Those are not very uncommon for BTC and a limit order is basically the only way to capture them.\n\nThere are also 2 disadvantages -\n\n1. If the price goes sideway, I won\'t be able to add any.\n2. Risk of leaving money on an exchange and the opportunity cost of not having it in a safer place where you can get 5%+ now.\n\nI wanted to see what do y\'all think about this? What am I missing? Any thought, comment, or critic is highly appreciated!! \n\nUpdate: Just checked my Strike app and realized now I can do recurring buy using fund pulling by ach from a bank account, instead of depositing it first! This is very good news and makes time-based a bit more attractive!', 'https://www.reddit.com/r/Bitcoin/comments/14o7pvr/seeing_dca_strategy_been_discussed_a_lot_but_what/', '14o7pvr', [['u/99698694444449686999', 17, '2023-07-02 01:14', 'https://www.reddit.com/r/Bitcoin/comments/14o7pvr/seeing_dca_strategy_been_discussed_a_lot_but_what/jqbh5o6/', 'If you have infinite amount of money, then yes, you will win on distance. Otherwise, read this article first:\n\nhttps://en.m.wikipedia.org/wiki/Martingale_(probability_theory)', '14o7pvr'], ['u/fireyproof', 16, '2023-07-02 02:01', 'https://www.reddit.com/r/Bitcoin/comments/14o7pvr/seeing_dca_strategy_been_discussed_a_lot_but_what/jqbn0sq/', "Nothing worse than sitting on the sidelines watching it pump. You know it's unfathomably valuable and these prices are a bargain.", '14o7pvr'], ['u/Beautiful_Bass_3060', 13, '2023-07-02 02:31', 'https://www.reddit.com/r/Bitcoin/comments/14o7pvr/seeing_dca_strategy_been_discussed_a_lot_but_what/jqbqjtf/', 'Literally any strategy works so long as you buy low', '14o7pvr'], ['u/Hank___Scorpio', 30, '2023-07-02 02:45', 'https://www.reddit.com/r/Bitcoin/comments/14o7pvr/seeing_dca_strategy_been_discussed_a_lot_but_what/jqbs4tx/', 'I do a combination of the two. I dca weekly and then when my emergency fund becomes 150% of my target I ship that 50% to an exchange.\n\nI market buy immediately with 10% and then set 9 limit orders laddered down. If none hit, I clear them and repeat with another market buy and then 8 limit orders. Repeat until that money is exhausted.\n\nI usually use 2-4 weeks as my reset timer.', '14o7pvr'], ['u/berepere', 15, '2023-07-02 05:14', 'https://www.reddit.com/r/Bitcoin/comments/14o7pvr/seeing_dca_strategy_been_discussed_a_lot_but_what/jqc8e1u/', 'two obvious risks (compared to DCA)\n\n\\- some orders never get executed, OR\n\n\\- all orders are executed quickly and the price is much lower', '14o7pvr'], ['u/joannew99', 13, '2023-07-02 05:21', 'https://www.reddit.com/r/Bitcoin/comments/14o7pvr/seeing_dca_strategy_been_discussed_a_lot_but_what/jqc97ek/', "Whatever works for you. I think it's a bit of overthinking though. When the price of BTC is $70k+ it won't really matter that you bought at $27k instead of $30k. And if the price of BTC starts running to $35k+, you will probably end up cancelling your ladder orders to FOMO in.\n\nPersonally, I buy now and forget about it.", '14o7pvr']]], ['u/experiencenonsense', "Why I don't waste my time debating with crypto proponents anymore", 87, '2023-07-02 01:07', 'https://www.reddit.com/r/Buttcoin/comments/14o8jcx/why_i_dont_waste_my_time_debating_with_crypto/', 'In my opinion, many of them are willfully ignorant, intellectually dishonest and purposely deceptive people. They never argue in good faith and love to jump from on predictable talking point to another. These people function more like cultists and religious apologists than technology proponents. \n\nBefore you even debate a point with them, you already know how the whole discussion will go. \n\nIt\'s always the same old stupid apologetics and dumb arguments all the time\n\n- "Bitcoin isn\'t bad for the environment - it actually incentivizes renewables!" \n- "Bitcoin isn\'t a greater fool asset - I can send it from wallet to another" (this is an actual argument from a big time bitcoin influencer) \n- "Bitcoin isn\'t negative sum game because it\'s sound money"\n- "But what about the stock market!"\n- "Fiat is programmed to go to zero!"\n- "Crypto represents freedom, self sovereignty and ownership! No one can ever take my crypto from me!"\n - "blah blah blah"\n\nIt\'s mentally exhausting explaining why they\'re wrong and honestly stupid to think the things they do. \n\nThere is one good thing that happened though, there was one guy that I went back and forth with for a few days. Mostly discussing how Bitcoin is a decentralized or a headless ponzi. Explained how all the realised profits only come from other speculators and how it\'s impossible for everyone to profit and explained how it\'s a greater fool asset. The guy really didn\'t have a good rebuttal. I mean how could he? Was he going to prove how Bitcoin was positive sum game? \n\nAnyways, the argument started going in circles. I summed up my points and left it at that. A few months later I see the same guy in another post saying Bitcoin is a ponzi and repeating some of the points I made almost verbatim. Sent him a message and had a nice friendly chat with dude. Felt wholesome. \n\nSo there\'s that I guess. \n\nWhat about you guys? Do you still debate with crypto people? Do you see any value debating and discussing crypto with enthusiasts?', 'https://www.reddit.com/r/Buttcoin/comments/14o8jcx/why_i_dont_waste_my_time_debating_with_crypto/', '14o8jcx', [['u/Potential-Coat-7233', 53, '2023-07-02 01:10', 'https://www.reddit.com/r/Buttcoin/comments/14o8jcx/why_i_dont_waste_my_time_debating_with_crypto/jqbgnz4/', 'Outside of crypto, if someone is 100% sure of something and wants to have a conversation about it, they are most likely only concerned with bringing you to their position.\n\nI’m not 100% sure about most things.', '14o8jcx'], ['u/Mongorize', 19, '2023-07-02 01:26', 'https://www.reddit.com/r/Buttcoin/comments/14o8jcx/why_i_dont_waste_my_time_debating_with_crypto/jqbiq72/', 'I’m with you on that. It’s actually like trying to debate with intellectually challenged Children. I just don’t engage anymore with them for two reasons:\n\n1) There’s no point as they’re far beyond brainwashed it’s just pointless\n\n2) I’m banned from all their subs because they don’t like it when you point out their scams', '14o8jcx'], ['u/experiencenonsense', 18, '2023-07-02 01:29', 'https://www.reddit.com/r/Buttcoin/comments/14o8jcx/why_i_dont_waste_my_time_debating_with_crypto/jqbj2sz/', "Just mentally burnt out I guess. Keep hearing all the same nonsensical talking points again and again. \n\nHow many times and how many different ways can you explain why crypto is all just a bunch of bullshi pretending to be advanced technology and a financial revolution when it's really just a bunch of scams and gambling on inefficient poop.\n\n🤷\u200d♂️ I don't know. Just venting.", '14o8jcx'], ['u/Motor_Reputation_331', 18, '2023-07-02 02:05', 'https://www.reddit.com/r/Buttcoin/comments/14o8jcx/why_i_dont_waste_my_time_debating_with_crypto/jqbnhry/', 'Tbh I don’t know a single person in real life that still cares about crypto and I don’t use other social media outside Reddit, so if it wasn’t for this site I would assume that no one cared anymore at all. \n\nAs far as I’m concerned crypto isn’t something to debate it’s just something to laugh at, it’s just unfortunate how much damage it’s doing to the environment before people finally let it die.', '14o8jcx'], ['u/AsteriAcres', 19, '2023-07-02 03:05', 'https://www.reddit.com/r/Buttcoin/comments/14o8jcx/why_i_dont_waste_my_time_debating_with_crypto/jqbudmy/', "Yes! This! I'm begging folks to ORGANIZE & ACTIVATE against them instead of trying to reason or debate with them. \n\nIf you're in Texas, please consider joining the Texas Coalition Against Cryptomining & everywhere else should join or support the National Coalition Against Cryptomining.", '14o8jcx'], ['u/halloweenjack', 14, '2023-07-02 04:01', 'https://www.reddit.com/r/Buttcoin/comments/14o8jcx/why_i_dont_waste_my_time_debating_with_crypto/jqc0n47/', 'If someone can watch Dan Olson\'s "Line Goes Up" or even spend about ten minutes or so going through Molly White\'s Web3 Is Going Just Great and still support crypto, then they\'re not worth wasting my time on. If they can\'t be bothered to do even that with an open mind, then they\'re definitely not worth my time. Legit businesses and investment opportunities don\'t shun criticism; cults have a plethora of ways of deflecting it. Everyone should know by now what happens when you put your tongue on the metal pole in freezing weather.', '14o8jcx'], ['u/experiencenonsense', 16, '2023-07-02 17:04', 'https://www.reddit.com/r/Buttcoin/comments/14o8jcx/why_i_dont_waste_my_time_debating_with_crypto/jqdzqyo/', 'Yeah Dan Olson\'s video was what did it for me. Actually I was so brainwashed at that point, that I didn\'t even watch it at first but immediately searched for "Dan Olson Debunked" ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 traded little changed and Ether gained on Monday morning in Asia, with prices of most other top 10 non-stablecoin cryptocurrencies mixed. Solana added to gains after a slump that followed it being labeled a security by the U.S. financial regulator. Litecoin led winners, still riding the optimism of being included in the tokens trading on the Wall Street-backed EDX Markets exchange that opened on June 20.\nBitcoin added 0.41% to US$30,730.25 over the last 24 hours to 6:30 a.m. in Hong Kong, according to CoinMarketCapdata. After a jump that followed a raft of Bitcoin spot exchange-traded fund (ETF) applications in the final weeks of June, the world’s largest cryptocurrency by market capitalization has lost direction, adding just 0.61% over the past seven days.\nThe U.S. regulator that approves ETFs, the Securities and Exchange Commission (SEC), on Friday indicated it was unimpressed by the Bitcoin ETF applications by financial heavyweights such asBlackrockandFidelity Investments, according to areportby the Wall Street Journal.\nEther, the world’s second biggest token by market capitalization, added 1.49% to US$1,954.67.\xa0 It’s gained 2.65% for the seven days.\nSolana was among the gainers in mixed early Asia trading for other top 10 non-stablecoin cryptocurrencies by market capitalization. The token rose 5.48% to US$19.43 for a weekly gain of 14.47%.\nSolana is rallying after a raft of bearish indicators last week, with Solana-based non-fungible token (NFT) protocol Cardinal saying it wasshutting down, citing “macroeconomic challenges.” The Revolut neobank and crypto exchange also reportedlytoldU.S.-based users last Wednesday that it will delist Solana, along with Cardano and Polygon.\nThe three tokens were among cryptocurrencies that the SEC named as illegally issued financial securities in itslawsuitfiled last month against the Coinbase and Binance.US exchanges.\nVitalik Buterin, the creator of Ethereumwroteon Twitter on Friday that the tokens don’t deserve to be targeted.\xa0 “If ethereum ends up “winning” through all other blockchains getting kicked off exchanges, that’s not an honorable way to win, and in the long term probably isn’t even a victory.”\nLitecoin led the gainers with a 6.37% increase in the last 24 hours to US$112.96. The token surged 27.98% in the past seven days.\nLitecoin, which was created in 2011 as a hard fork to Bitcoin, was one of the four tokens selected to trade on the EDX Markets exchange, which is backed by Citadel Securities and Fidelity Investments. The other tokens are Bitcoin, Ether and Bitcoin Cash. The New Jersey-based EDX opened for business despite thecrackdownon crypto from U.S. regulators.\nThe California-based crypto exchange Kraken wasorderedby a U.S. judge on Friday to submit information about its users to the Internal Revenue Service in an investigation of underreported tax liabilities. The crypto exchange wasfinedUS$30 million in February by the SEC for its staking services, which the federal agency said were an offering of unregistered securities.\nOther crypto movers included Tron, which dipped 1.85% to US$0.07572, but gained 3.31% for the week. Binance’s BNB token edged down 0.31% to US$247.13, and Cardano’s ADA fell 0.13% to US$0.2905.\nThe total cryptocurrency market cap edged up 0.02% to US$1.2 trillion, with trading volume dropping 7.54% to US$27.26 billion, according to CoinMarketCap data.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the non-fungible token (NFT) market, the Forkast 500 NFT index fell 1.49% to 2,910.36 in the 24 hours to 7:30 a.m. in Hong Kong. The index is down 4.59% for the week.\nTotal NFT trading volume dipped 9.68% to US$28.3 million, while volume on Ethereum rose 3.12% to US$22.3 million.\n“Brutal weekend for NFTs,” said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News. “It might be easy to point to Azuki’s Elementals mint as the catalyst still, but lowering average sales and floor prices in top collections prior to Elementals mint showed that we were on the cusp of another free fall.”\nThe AzukiElementalscollection began minting last Tuesday and sold out in 15 minutes, but left collectors disappointed as the latest collection looked almost the same as the original.\nAzuki founder Alex Xu, who goes by the moniker Zagabond, met with its community last Thursday to address complaints about the mint and Elementals issued a public apology onTwitter, saying they “missed the mark” and that the new release diluted the value of the popular collection.\nEthereum-based Bored Ape Yacht Club NFTs topped the volume ranking on Cryptoslam at US$3.87 million. Another Ethereum-based collection, The Captainz, came in at second place with US$2.3 million.\nOver the weekend, the Memeland team behind The Captainz NFTs,revealedtheir PFPs or Profile Picture art upgrades for the collection but met with mixed to negative response. “Most negative responses to the art came from people who were unaware that the art would be upgradeable with purchasable traits,” Petscher explained. “Without these traits the base characters are nearly identical, which caused some confusion in the NFT community.”\nU.S. stock futures werelittle changedas of 10:20 a.m. in Hong Kong. Dow Jones Industrial Average futures edged down 0.029%, S&P 500 futures dipped 0.011%, while Nasdaq Futures added 0.068%.\nU.S. equities rallied during regular trading on Friday, the last day of the first half of 2023, though face disruptions to trading this week with limited trading hours on Monday and the July 4 public holiday on Tuesday when equity markets will be closed.\nEconomic indicators to come this week include US manufacturing activity on Monday as well as a monthly jobs report on Friday. Tesla Inc.’s Sundayannouncementof record-breaking vehicle sales in the second quarter is a bullish factor for investors.\nJapan equities on Monday gained on the coattails of the Friday rally on Wall Street, with technology stocksleading the gainsin Tokyo.\nIn China manufacturingslowed, but by less than expected. Both purchasing managers’ Indices in Taiwan and South Korea also showed manufacturing contraction.\nOn Wednesday, U.S. Treasury Secretary Janet Yellen is traveling to China in an effort to try andimprovecommunications and the frosty ties between the world’s two largest economies.\nInvestors are expecting more interest rate hikes this year in the U.S. following reiterated warnings from Fed Chair Jerome Powell in speeches last week in Europe that inflation has yet to be brought under control.\nU.S. interest rates are now between 5% and 5.25%, the highest since 2006. The CME FedWatch Tool predicts an 87.4% chance for a 25-basis-point rate hike at the Fed’s next meeting on July 26 and predicts only a 12.6% chance the Fed will leave rates unchanged.\n(Updates to add equities section)', 'Bitcoin traded little changed and Ether gained on Monday morning in Asia, with prices of most other top 10 non-stablecoin cryptocurrencies mixed. Solana added to gains after a slump that followed it being labeled a security by the U.S. financial regulator. Litecoin led winners, still riding the optimism of being included in the tokens trading on the Wall Street-backed EDX Markets exchange that opened on June 20.\nBitcoin added 0.41% to US$30,730.25 over the last 24 hours to 6:30 a.m. in Hong Kong, according to CoinMarketCapdata. After a jump that followed a raft of Bitcoin spot exchange-traded fund (ETF) applications in the final weeks of June, the world’s largest cryptocurrency by market capitalization has lost direction, adding just 0.61% over the past seven days.\nThe U.S. regulator that approves ETFs, the Securities and Exchange Commission (SEC), on Friday indicated it was unimpressed by the Bitcoin ETF applications by financial heavyweights such asBlackrockandFidelity Investments, according to areportby the Wall Street Journal.\nEther, the world’s second biggest token by market capitalization, added 1.49% to US$1,954.67.\xa0 It’s gained 2.65% for the seven days.\nSolana was among the gainers in mixed early Asia trading for other top 10 non-stablecoin cryptocurrencies by market capitalization. The token rose 5.48% to US$19.43 for a weekly gain of 14.47%.\nSolana is rallying after a raft of bearish indicators last week, with Solana-based non-fungible token (NFT) protocol Cardinal saying it wasshutting down, citing “macroeconomic challenges.” The Revolut neobank and crypto exchange also reportedlytoldU.S.-based users last Wednesday that it will delist Solana, along with Cardano and Polygon.\nThe three tokens were among cryptocurrencies that the SEC named as illegally issued financial securities in itslawsuitfiled last month against the Coinbase and Binance.US exchanges.\nVitalik Buterin, the creator of Ethereumwroteon Twitter on Friday that the tokens don’t deserve to be targeted.\xa0 “If ethereum ends up “winning” through all other blockchains getting kicked off exchanges, that’s not an honorable way to win, and in the long term probably isn’t even a victory.”\nLitecoin led the gainers with a 6.37% increase in the last 24 hours to US$112.96. The token surged 27.98% in the past seven days.\nLitecoin, which was created in 2011 as a hard fork to Bitcoin, was one of the four tokens selected to trade on the EDX Markets exchange, which is backed by Citadel Securities and Fidelity Investments. The other tokens are Bitcoin, Ether and Bitcoin Cash. The New Jersey-based EDX opened for business despite thecrackdownon crypto from U.S. regulators.\nThe California-based crypto exchange Kraken wasorderedby a U.S. judge on Friday to submit information about its users to the Internal Revenue Service in an investigation of underreported tax liabilities. The crypto exchange wasfinedUS$30 million in February by the SEC for its staking services, which the federal agenc Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-03 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $597,278,836,700 - Hash Rate: 344916211.10459125 - Transaction Count: 328114.0 - Unique Addresses: 655439.0 Social & AI Sentiment: - Fear & Greed Index: 0.62 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Hopes surrounding a potential U.S. Bitcoin ETF filing by investment giant BlackRock fueled a bullish sentiment among some traders early Friday. Bitcoin regained the $25,500 level to erase declines of the past two days, when it fell to as low as $24,860. The move provided some respite to major tokens such as Polygon Network’s MATIC and Cardano’s ADA, which eased some losses from a two-day slide. Dogecoin (DOGE) led gains among major tokens with a 4% move in the past 24 hours; litecoin added (LTC) added 3.3%. On Thursday, CoinDeskreportedthat BlackRock planned to offer a Bitcoin ETF with crypto exchange Coinbase (COIN) serving as custodian. This was confirmed later after a filing showed the company’s iShares fund management unitfiled paperworkfor the formation of a spot bitcoin (BTC) ETF. “An estimated 20% of Americans have now owned bitcoin at some point. BlackRock’s proposed ETF potentially offers the other 80% an option that is altogether more familiar and accessible,” said Sui Chung, CEO of CF Benchmarks, in an email to CoinDesk. “BlackRock’s increasing engagement shows Bitcoin continues to be an asset of interest for some of the world’s largest financial institutions.” As such, the market strength of bitcoin impacted shorts – or bets against the currency – the asset with BTC-tracked futures seeing over $16 million in short liquidations in the past 24 hours. This figure was smaller than usual due to large declines in the past week, causing some traders to risk less capital than they normally would. The U.S. Securities and Exchange Commission (SEC) has previously rejected other attempts by fund managers at listing a spot bitcoin ETF, including those from Grayscale, VanEck, and WisdomTree. However, the stature of BlackRock could make it difficult for the SEC to reject this application – whichsome saycould fuel an outsized bitcoin rally if approved.... - Reddit Posts (Sample): [['u/wtfCraigwtf', 'Does "Hashrate Follow Price"? Do Crypto Miners Truly Make Rational Choices?', 16, '2023-07-03 03:30', 'https://www.reddit.com/r/btc/comments/14p581h/does_hashrate_follow_price_do_crypto_miners_truly/', 'Most crypto OGs will tell you that "Mining Hashrate Follows Price", and this is generally regarded as axiomatic in the crypto mining space. I\'d like to challenge this notion and I hope to stimulate a healthy debate on the subject. I believe that Mining Choice is more arbitrary than people realize due to bounded rationality and information asymmetry . Let\'s examine the BTC mining since as it\'s by far the biggest portion of the mining space.\n\nIt\'s logical that a miner will make a rational choice which coin to mine in order to maximize their profits, so that their operation remains sustainable, but\n\n* Can BTC price be predicted reliably to make a choice which generates sustainable profit?\n\nMost readers here are familiar with the massive inefficiencies and mind-blowingly stupid decisions involved in the use, development, and mining of BTC. BTC mining uses astronomical quantities of energy to create tiny blocks which are now being filled with pointless dickbutt pictures. BTC price likely exceeds its value by orders of magnitude given it\'s low fungibility and usability, and externalities like high fees and long confirmation times. Regulatory uncertainty plagues the crypto space, governments are salivating about bans, prices yo-yo up and down constantly, exchanges are fly-by-night outfits, and coins are hacked and stolen almost daily. Crypto is the Wild West, and no one knows what will happen, much less what the price will be in the future.\n\nLogical debate about what cryptocurrency is and will be in the future is routinely censored. Most BTC cult followers have a low level of intellect and/or are completely bamboozled by ludicrous propaganda. Billionaires like Michael Saylor and Mike Novogratz fall for the same silly narratives (and likely have their own dystopian intentions), and invest their hoards into BTC. The actions of everyone in the entire space determine the price of BTC, yet 90% of BTC users don\'t even hold their coins. Lest we forget, cryptocurrency is STILL AN EXPERIMENT which is less than 20 years old. What appears to be a Nash Equilibrium in BTC could collapse at any second in an EMP attack. Against a backdrop of a highly unstable global banking system, the spectre of fiat hyperinflation, the likely beginning of WWIII, and with a totalitarian surveillance state looming, uncertainty about crypto is off the charts.\n\nTherefore it\'s not a stretch to conclude that Crypto Mining is NOT Rational Behavior. It\'s a speculative venture in a brand new technological financial space. Many fortunes have been made and lost in crypto mining, and it\'s entirely possible that the winners were simply luckier than the losers. Crypto mining by nature is deeply speculative and risky. Surely the massive windfalls of the OG Bitcoiners motivates miners to this day, but past performance does not predict future results.\n\n* Does a miner need to be profitable, or may they have another motivation?\n\nMining BSV isn\'t profitable, the entire BSV ecosystem was created by a gambling billionaire whose criminal charges were mysteriously dropped and a serial fraudster who lies pathologically to judges around the world about inventing Bitcoin. The coin isn\'t used by anyone, the transactions are generated using bots, and mining is likely subsidized by the founders and whoever gave them $100 million+. Any BSV miners who was acting rationally could immediately switch to mining BCH or BTC for 3x the profits, yet they don\'t.\n\n* Are short-term gains more important than long-term gains?\n\nWe\'ve all heard about SHA256 miners who automagically switch between mining BTC and BCH due to the broken difficulty adjustment in BTC. But why didn\'t half of BTC\'s hashrate switch to mining BCH last month when BCH price TRIPLED? If those miners were rational, they would\'ve mined BCH for a week or two before BTC diff adjusted, and traded the BCH they mined for BTC. BCH hashrate did double, but it didn\'t keep up with BCH price. BTC difficulty did adjust downward to mid-June levels, but not enough to keep miners on BTC at today\'s BCH prices. It\'s likely that their calculations involve predictions about longer-term price moves rather than short-term fluctuations.\n\n* How does mining centralization affect miner choices and profits?\n\nIf only one entity mined BTC, they could shut down 99.99% of their miners and the BTC network would still function. That miner would make astronomical profits for the near term, but the entire BTC space would need to trust that entity, and governments would likely shut it down or seize it immediately. There is a constant drive to monopolize mining, and over the long term this can figure into the calculation of what is rational much more than daily or monthly price metrics. But making massive profits by capturing mining is not the only reason to establish a monopoly: if and when governments move to monopolize crypto mining, cost won\'t be an obstacle, and profit won\'t be a motivator.\n\nFor these reasons I believe hashrate does NOT *necessarily* follow price.\n\nEDITS, Well this has been a good thread, here are some updates.\n\nReally the question we\'re asking is "TO WHAT DEGREE does hashrate follow price"? The answer is surely on a spectrum rather than a black and white "yes" or "no". Jonathan has provided some nice stats which show that BTC and BCH hashrates are fairly closely correlated with that trading pair (rather than vs USD or other fiat). To me this implies that miners DO make calculations fairly often to optimize their SHORT-TERM profits. As to whether this is rational remains to be seen. \n\nWe haven\'t talked about shitcoin mining, there are thousands of coins that are mostly mined by hobbyists in their garages. These are people who have a variety of reasons to mine other than profit. Perhaps their hardware has become obsolete in the mining arms race, they simply enjoy running a lot of computers and being geeks, or possibly they do truly believe that someday their shitcoins will be worth billions. ', 'https://www.reddit.com/r/btc/comments/14p581h/does_hashrate_follow_price_do_crypto_miners_truly/', '14p581h', [['u/jtoomim', 14, '2023-07-03 07:02', 'https://www.reddit.com/r/btc/comments/14p581h/does_hashrate_follow_price_do_crypto_miners_truly/jqgxe8m/', "> Are short-term gains more important than long-term gains?\n\nFor a miner? Yes. If a miner can get 10% more USD worth per day per 100 TH/s by mining BTC than by mining BCH, and if they believe that BCH's long-term future is better than BTC's, then (if they're rational) that miner will mine BTC and immediately sell/trade it for BCH. They will get 10% more BCH this way than if they mined BCH directly.", '14p581h'], ['u/jtoomim', 12, '2023-07-03 07:10', 'https://www.reddit.com/r/btc/comments/14p581h/does_hashrate_follow_price_do_crypto_miners_truly/jqgy37s/', "> Mining BSV isn't profitable\n\nActually, most of the time, mining BSV is [just as profitable](https://sv.coin.dance/blocks/profitability) as mining BTC. There are occasions on which there's more hashrate mining BSV than is rational for a non-interested party, and this is likely because Calvin Ayre and Coingeek get an external benefit from propping up BSV's hashrate due to their large BSV holdings. But for the majority of BSV's history, its mining profitability has been at parity with BCH and BTC.\n\n> Any BSV miners who was acting rationally could immediately switch to mining BCH or BTC for 3x the profits, yet they don't.\n\nNo, the profitability advantage for mining BTC instead of BSV [is currently](https://coin.dance/#profitability) ~~10%~~ ~~4.7%~~ 1.8%, not 3x.\n\nYou're right that miners occasionally have reasons other than straight profitability for choosing which chain to mine on, and BSV is an example of that. As a long-run scam coin, BSV's hashrate has often been propped up by its creators in order to facilitate their pump-and-steal-Satoshi's-coins-and-dump scheme.\n\nBut you're wrong in both the magnitude of these effects (off by about 40x for BSV), and you're wrong in thinking that these effects are relevant to BCH or BTC outside of hard fork/chainsplit/hash war circumstances.", '14p581h'], ['u/jtoomim', 21, '2023-07-03 07:21', 'https://www.reddit.com/r/btc/comments/14p581h/does_hashrate_follow_price_do_crypto_miners_truly/jqgz1dq/', "If hashrate doesn't necessarily follow price, why is it that the profitabilities per TH/s for mining BTC and for mining BCH are almost always within a few percent of each other?\n\nhttps://cash.coin.dance/blocks/profitability\n\nYou seem to have gotten yourself confused with a lot of long-winded argumentation. Empirically speaking, the hashrate-follows-price relationship is quite strong.", '14p581h']]], ['u/Paragon_Voice', 'Bitcoin Inheritance for Descendants', 13, '2023-07-03 04:18', 'https://www.reddit.com/r/Bitcoin/comments/14p68c6/bitcoin_inheritance_for_descendants/', "What is the safest and most secure way to make sure the Bitcoin I've accumulated can be handed down to my children. I do not want to have to trust any 3rd party.\n\nI want to make a stipulation on being able to obtain their inheritance that they must have read The Bitcoin Standard, and the Bitcoin Whitepaper as required reading.\n\nBut ultimately, I need to make sure that my keys can be transferred to my children when I kick the bucket.\n\nSuggestions?", 'https://www.reddit.com/r/Bitcoin/comments/14p68c6/bitcoin_inheritance_for_descendants/', '14p68c6', [['u/VaporWavey420', 31, '2023-07-03 04:28', 'https://www.reddit.com/r/Bitcoin/comments/14p68c6/bitcoin_inheritance_for_descendants/jqghkg8/', 'Send them on a wild scavenger hunt across the globe to find your keywords with hopes 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: ['Xinhua/Wang Ying/ Getty Images US stocks gained in a shortened day of trading on Monday ahead of Independence Day. The S&P 500 surged 16% in the first half of the year, and investors are hoping to extend those gains into the second half. Tesla stock surged as much as 9% after the company announced second-quarter deliveries that beat analyst estimates. US stocks edged higher on Monday in a shortened day of trading ahead of Tuesday\'s Independence Day. The stock market closed at 1 p.m. on Monday, and will be closed on Tuesday. The S&P 500 surged 16% in the first half of the year, while the Nasdaq 100 was up almost 39%. Investors are hoping to extend those gains into the second half of the year, looking to avoid too much turbulence in the face of recession forecasts and the prospect of more tightening by the Federal Reserve. Fundstrat\'s Tom Lee raised his year-end S&P 500 price target to 4,825 on Monday. The ardent market bull said the Fed is wining the war on inflation, which will give the central bank room to pull back on its aggressive policy. Here\'s where US indexes stood at the 1:00 p.m. ET close on Monday: S&P 500 : 4,455.59, up 0.12% Dow Jones Industrial Average : 34,418.47, up 0.03% (10.87 points) Nasdaq Composite : 13,816.77, up 0.21% Here\'s what else happened today: Not all investors are feeling bullish. PIMCO CIO Dan Ivascyn is warning about a "harder landing" for the global economy and arguing that investors are too bullish about central banks\' inflation fight. Tesla stock surged nearly 6% after the company announced second-quarter deliveries that beat analyst\'s most bullish expectations. The company delivered 466,000 vehicles in the quarter. Wedbush analyst Dan Ives said Tesla\'s recent price cuts were a "smart poker move" that helped the company make record deliveries in the quarter. Wharton professor Jeremy Siegel said the bull run in stocks can go on for a lot longer even as the Fed wages a "war on growth." Indian oil refiners are beginning to use China\'s yuan instead of the US dollar to buy crude oil from Russia. Story continues In commodities, bonds and crypto: West Texas Intermediate crude oil fell 0.52% to $70.27 per barrel. Brent crude , oil\'s international benchmark, dropped 0.36% to $75.14. Gold jumped 0.11% to $1,931.60 per ounce. The yield on the 10-year Treasury was flat at 3.85%. Bitcoin rose 1.25% to $31,002, while ether jumped 1.22% to $$1,960. Read the original article on Business Insider', '• US stocks gained in a shortened day of trading on Monday ahead of Independence Day.\n• The S&P 500 surged 16% in the first half of the year, and investors are hoping to extend those gains into the second half.\n• Tesla stock surged as much as 9% after the company announced second-quarter deliveries that beat analyst estimates.\nUS stocks edged higher on Monday in a shortened day of trading ahead of Tuesday\'s Independence Day. The stock market closed at 1 p.m. on Monday, and will be closed on Tuesday.\nTheS&P 500surged 16% in the first half of the year, while theNasdaq 100was up almost 39%. Investors are hoping to extend those gains into the second half of the year, looking to avoid too much turbulence in the face of recession forecasts and the prospect of more tightening by the Federal Reserve.\nFundstrat\'s Tom Leeraised his year-end S&P 500 price target to 4,825 on Monday.The ardent market bull said the Fed is wining the war on inflation, which will give the central bank room to pull back on its aggressive policy.\nHere\'s where US indexes stood at the 1:00 p.m. ET close on Monday:\n• S&P 500:4,455.59, up 0.12%\n• Dow Jones Industrial Average:34,418.47, up 0.03% (10.87 points)\n• Nasdaq Composite:13,816.77, up 0.21%\nHere\'s what else happened today:\n• Not all investors are feeling bullish.PIMCO CIO Dan Ivascyn is warning about a "harder landing"for the global economy and arguing that investors are too bullish about central banks\' inflation fight.\n• Tesla stock surged nearly 6%after the company announced second-quarter deliveries that beat analyst\'s most bullish expectations. The company delivered 466,000 vehicles in the quarter.\n• Wedbush analystDan Ives said Tesla\'s recent price cuts were a "smart poker move"that helped the company make record deliveries in the quarter.\n• Wharton professor Jeremy Siegel saidthe bull run in stocks can go on for a lot longereven as the Fed wages a "war on growth."\n• Indian oil refinersare beginning to use China\'s yuan instead of the US dollar to buy crude oilfrom Russia.\nIn commodities, bonds and crypto:\n• West Texas Intermediate crudeoil fell 0.52% to $70.27 per barrel.Brent crude, oil\'s international benchmark, dropped 0.36% to $75.14.\n• Goldjumped 0.11% to $1,931.60 per ounce.\n• The yield on the 10-year Treasury was flat at 3.85%.\n• Bitcoin rose 1.25% to $31,002, while ether jumped 1.22% to $$1,960.\nRead the original article onBusiness Insider', 'Bitcoin climbed above US$31,000 in Tuesday morning trading in Asia after Blackrock refiled a Bitcoin exchange-traded fund (ETF) application in the U.S. after the regulator criticised an earlier filing, suggesting the world\x92s biggest money manager is determined to take a lead in cryptocurrency markets. Ethereum also logged gains amid institutional interest, while other top 10 non-stablecoin cryptocurrencies traded mixed. Polygon led the winners and Litecoin the losers. Crypto Bitcoin rose 1.83% over the last 24 hours to US$31,142 at 07:50 a.m. in Hong Kong, moving up 2.85% for the past seven days, according to data from CoinMarketCap. The world\x92s largest cryptocurrency reached a high of US$31,371 early Tuesday morning, the highest since June 2022. BlackRock submitted an amended application for a spot Bitcoin ETF on Monday, after the U.S. Securities and Exchange Commission (SEC) said BlackRock\x92s original filing was inadequate. BlackRock indicated in the new filing that Coinbase, the custodian of the proposed ETF\x92s Bitcoin holdings, will provide market surveillance to support the ETF, according to a Bloomberg report on Tuesday. Several other financial institutions have filed Bitcoin ETF applications despite a crackdown last month by the SEC, which filed lawsuits against Binance.US and Coinbase last month for allegedly violating securities laws in trading cryptocurrencies. In emailed comments, Jeff Mei, chief operating officer of digital asset exchange BTSE , said the SEC criticism of the application caused some selling last week, but \x93investors remain quietly optimistic about future approvals.\x94 Ether gained 1.18% to US$1,954.24, and added 5.23% for the week. Bitcoin and Ether have both seen increased interest from financial institutions in the past week, according to a Monday report from European cryptocurrency investment firm CoinShares. Bitcoin-linked digital asset investment products saw net inflows of around US$123 million in the week ending June 30, while Ethereum-linked products had net inflows of around US$2.7 million. Digital asset investment products have seen two weeks of net inflows since June 19, after logging 9 weeks of consecutive outflows. Story continues Most other top 10 non-stablecoin tokens traded higher in the past 24 hours, with Polygon\x92s Matic token spearheading the rally with a gain of 4.60% to US$0.7119. It\x92s up 10.18% for the week despite the U.K.-based fintech neobank and crypto exchange Revolut plans to delist Polygon, Solana and Cardano tokens for its U.S. users in September, according to a report by the Block on Monday. Litecoin led the losers in a potential price correction, falling 5.83% to US$106.69. It still logged weekly gains of 22.47% driven higher by the token\x92s upcoming third halving event on August 2, which will make the token scarcer. Litecoin investors also received a boost after the token was selected to trade on the newly established EDX Markets exchange , which opened on June 20 and is backed by Wall Street heavyweights, including Citadel Securities, Fidelity Investments and Charles Schwab. The total cryptocurrency market cap rose 1.28% to US$1.22 trillion in the last 24 hours, while crypto trading volume rose 26.34% to US$37.86 billion, according to CoinMarketCap data. NFT volumes gain The indexes are proxy measures of the performance of the global NFT market. They are managed by CryptoSlam , a sister company of Forkast.News under the Forkast.Labs umbrella. In the non-fungible token (NFT) market, the main Forkast 500 NFT index fell 1.08% in the 24 hours to 09:40 a.m. in Hong Kong to 2,750, down 5.06% for the week. The two Forkast indexes measuring the performance of Ethereum and Polygon NFT markets logged moderate increases. NFT trading volume on Ethereum rose 18.72% in the past 24 hours to US$27.29 million, according to CryptoSlam data, while Polygon\x92s volumes surged 121.63% to more than US$1.89 million. Trading volumes also rose on the Bitcoin, Solana and BNB Chain networks. Bored Ape Yacht Club (BAYC), the second largest NFT collection by market cap, saw trading volume jump 52.56% to US$4.98 million, with Ethereum-based NFT collections Azuki and Mutant Ape Yacht Club (MAYC) ranking the second and the third. \x93A bit of a rebound today on the ETH side, which is in the green for the first time in days. Top collections like Bean, Azuki, and MAYC have had increases in their floor prices 7-20% and even BAYC has slowed its decline,\x94 said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News. However, the floor prices of some major NFT collections are still holding considerable losses for the past week, with BAYC floor price falling over 20% in the past seven days and Azuki sliding more than 50% over the same period, according to data from CoinGecko. Azuki Elementals are a collection of 20,000 NFTs launched on June 27 as a spin-off of the original Azuki collection. While the Elementals sold out within 15 minutes, collectors started to complain that the supposed new NFTs looked almost id Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-04 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $602,565,338,325 - Hash Rate: 357504393.99162006 - Transaction Count: 378556.0 - Unique Addresses: 645583.0 Social & AI Sentiment: - Fear & Greed Index: 0.64 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Dash, a blockchain powering the namesake privacy-focused coin, stopped processing transactions and producing new blocks early Monday morning, according to Samuel Westrich, CTO of Dash Core Group. “There was a problem during v19 activation of Dash Core," Westrich tweeted around 5 a.m. UTC (1 a.m. EST). "The chain is stalled and currently not producing blocks," he added. "We have everyone investigating the issue." Several hours later, Dash Core developer Pasta tweeted that the devs had identified issues and were working on a fix. “There are two options we are investigating, and everyone is focused on promptly resolving this issue,” Pasta wrote, adding that the planned release of the latest Dash Core client update, v19, might be delayed to resolve the issues first. According to Pasta blocks and transactions on the Dash blockchain will not be considered final until an update is deployed. Exceptions will be made for two sorts of transactions specific for Dash: ChainLocked and InstantSend locked transactions. One Dash Discord member – citing a call with the developers – said the update might be delayed until June 14. For the last 10 hours, there have been no fresh updates from the developers team and Westrich has not returned CoinDesk’s request for comment by press time. Following the news, crypto exchange Binance announced that its own mining pool for DASH will suspend the distribution of mining rewards until the blockchain resumes block production. A user on the DashPay Reddit page suggested that the planned v19 update did not go smoothly. The developers launched a hard fork, which introduced a new type of nodes, and these new nodes created a mess, so the blockchain split into two chains running in parallel. “The chain appears to have bifurcated now with some nodes running forward past the fork block 1874880 and others still stuck on 1874879,” user xkcdmpx wrote . “It seems about 10-20% of the network is able to move forward, however, we do not have confirmation if this is the 'correct' chain." Story continues Some later posts in the thread had been since deleted and users complained about excessive subreddit moderation on the official Dash forum . Update in the air The update for Dash network clients was announced on April 14 and included significant modifications on how the nodes and wallets function. The update requires a hard fork – an irreversible change in the protocol rules that needs to be adapted by the absolute majority of nodes – otherwise the blockchain will split into two parallel versions of transaction history. After the v19 activation, a new version of Dash masternodes will be introduced, with higher collateral requirements and more authority on the blockchain, according to the Dash Core official website . Masternodes host full copies of the blockchain and support some complex functions of Dash. They need to post a collateral to operate, receive rewards for supporting the network and also can vote to support new projects for Dash. The update will bring a number of other changes for nodes, wallets, Dash anonymity features and other aspects of the blockchain’s operation, including copying some of the features of the Bitcoin blockchain. One of the new features will be that transactions that appear “stuck” in the queue to be processed will be re-sent sooner that they are now, after one hour, instead of the current more than 24-hour delay. At the same time, Dash Core has been working on the Dash Platform v0.24 update on testnet to bring some high-level updates to how the blockchain works. Dash was launched in 2014, more than a year later than Ethereum, but hasn’t been enjoying massive popularity, currently with a market cap of $493 million, 85th in size on CoinMarketCap .... - Reddit Posts (Sample): [['u/corey407woc', 'How much Bitcoin do you need to be in the 1% of Bitcoin holders??', 13, '2023-07-04 00:06', 'https://www.reddit.com/r/Bitcoin/comments/14pwgot/how_much_bitcoin_do_you_need_to_be_in_the_1_of/', 'We always see 0.28 thrown around to be 1% of global population, was curious for people who already own btc, what is the number of BTC a person needs to be considered 1% of all current holders? 1? 2.1? 3?', 'https://www.reddit.com/r/Bitcoin/comments/14pwgot/how_much_bitcoin_do_you_need_to_be_in_the_1_of/', '14pwgot', [['u/The-real-W9GFO', 10, '2023-07-04 00:20', 'https://www.reddit.com/r/Bitcoin/comments/14pwgot/how_much_bitcoin_do_you_need_to_be_in_the_1_of/jqk8zlt/', 'That would be owning 1% of all bitcoin, not the same as being in the top 1% of people holding bitcoin.', '14pwgot'], ['u/HaveRewengey', 11, '2023-07-04 00:34', 'https://www.reddit.com/r/Bitcoin/comments/14pwgot/how_much_bitcoin_do_you_need_to_be_in_the_1_of/jqkatsd/', "It's not that number, as the distribution impacts the percentage...it's not just simple division.\n\nThe best guesses based on on-chain analysis is anywhere from 3-4 BTC to be in the top 1% of all BTC holders.", '14pwgot'], ['u/Astewen', 17, '2023-07-04 01:03', 'https://www.reddit.com/r/Bitcoin/comments/14pwgot/how_much_bitcoin_do_you_need_to_be_in_the_1_of/jqkeka9/', 'The most recent number I heard was 3.4 BTC puts you in the top 1%', '14pwgot'], ['u/a4ther', 27, '2023-07-04 04:38', 'https://www.reddit.com/r/Bitcoin/comments/14pwgot/how_much_bitcoin_do_you_need_to_be_in_the_1_of/jql46wz/', '210,000 will put you in the 1% for sure', '14pwgot'], ['u/yubacore', 11, '2023-07-04 08:09', 'https://www.reddit.com/r/Bitcoin/comments/14pwgot/how_much_bitcoin_do_you_need_to_be_in_the_1_of/jqlorv4/', 'So … about three fiddy?', '14pwgot']]], ['u/ReallyBoredMan', 'Just passed 1 Million Net Worth!', 110, '2023-07-04 00:34', 'https://www.reddit.com/r/Fire/comments/14px5oy/just_passed_1_million_net_worth/', "There have been a lot of these lately. I guess that happens with the recent upturn in the market. We hit this milestone the last week of June.\n\nIt's been a journey getting to this point as last year we stayed basically the same, and there have been a lot of fluctuations this year. Both my wife and I both started around 40K per year, and now we both make about 120K+ after accounting for bonuses (total income is right around 250K). We have been working for about 10 years each. I have been with the same employer, and my wife has been with 4 different employers.\r \n\r \nOur FIRE number is $100K at 3% SWR= 3,333,333. Our FIRE assets are 739,500, so we are 22.19% way there. Every year we will be adding at least (22,500 \\[401(k)\\] + 6,000 \\[Roth IRA\\]) x 2 because we are both working + 42,000 \\[brokerage\\] + 8,300 \\[HSA\\] doing family HSA next year = 107,300. So, over the 12 years we are looking to FIRE, we are contributing an additional 1,287,600 to the principal. With growth from the current principle and future contributions, we should be able to our FIRE number by our estimated date in about 12-13 years.\n\nBelow is my breakdown of assets, budget, and history of how we go there (I don't have all my wife's work history)\n\n \n\\-----------------------------------------------------------------------------------------------------------------------------------------------------\n\n\r \nBreakdown of assets:\r \n\r \nLiquid Assets (32K) \\[2% of assets\\]:\r \nChecking: 18.5K\r \nSavings: 8K\r \nOnline savings account (used as a personal escrow account for Home + Auto insurance and Property Taxes) 8K (less 2.5K for taxes due this month = 5.5K)\r \n\r \nNon-Retirement Assets (penalty-free investments) (221.5K) \\[19.76% of assets\\]:\r \nCompany Stock 32K - still at a good valuation and does pay a good dividend. We will continue to hold, but I will likely look to divest closer to our FIRE date\r \nBrokerage: 169K\r \nIndividual stocks: 9.5K - I no longer invest in single stocks. I am just holding\r \nCrypto: 1K - Only have 1K in Bitcoin in it just to follow what is going on, I bought in 1K at 33K.\r \n\r \nRetirement Assets (518K) \\[46.23% of assets\\]:\r \nMy 401(k): 220K\r \nWife 401(k): 186K\r \nMy Roth IRA: 64K\r \nWife Roth IRA: 46K\r \nHSA: 2K - This is the 1st year we are doing it. Currently just in my name, testing out.\r \n\r \nLong-Term Future Expenses \\[1.43% of assets\\]:\r \n529 for Child’s College (child is 2 years old): 16K\r \n\r \nFixed Assets (333K) \\[29.71% of assets\\]:\r \nHouse: 292K - bought for 162K in 2015\r \nWife’s car: 27K (only 20K miles on 2018 SUV)\r \nMy Car: 14K (75K miles on 2016 sedan)\r \n\r \nTotal Assets: 1,120,500\r \n\r \nBreakdown of Liabilities \r \n\r \nCurrent Liabilities\r \nTotal of credit cards: 3.5K - Paid off monthly\r \nLong-Term Liabilities:\r \nMortgage 106K - 1.999% interest rate on a 15-year mortgage (12 years remaining)\r \n\r \nTotal Liabilities: 109.5K\r \n\r \n\r \nNet worth: 1,011,000\r \n\r\n\n\\-----------------------------------------------------------------------------------------------------------------------------------------------------\n\n\r \nBelow is a breakdown of my budget. This is done post-deductions (does not include 401K or HSA), also, we do lump sum investing for IRA at the beginning of the year with year end-bonus.\r \n\r \nBreakdown of monthly Budget:\r \n\r \nIncome:\r \nBoth jobs combined salary only: 10,076\r \n\r \nBudgeted Expenses (9,904)\r \n\r \nInvesting After-Tax (Total 4,000):\r \nBrokerage investing: 3,500\r \n529 Investing: 500\r \nFixed Expenses (Total 2,514):\r \nDaycare 1,409\r \nMortgage: 805\r \nPhone: 126 - Includes a Financed phone\r \nInternet 73\r \nYoutube TV 73\r \nNetflix + HBO: 28\r \nPlanned short-term expenses (Total 440):\r \nHome + Auto Insurance + Home Taxes: 440\r \nVariable Expenses (planned) (Total 2,200):\r \nRestaurants: 1,000 (Spent 947 last month)\r \nGroceries: 700 (Spent 619 last month)\r \nGas & Fuel: 150 (Spent 92 last month)\r \nDog food + grooming: 150 (Spent 178 last month)\r \nUtilities: Gas, Electric, Water/Sewer: 200 (Spent 179 last month)\r \nMisc (750 total)\r \nThings too small or random for budget: 750 (Spent 802 Last month, but includes Hotel for vacation (flight was previously booked))\r \n\r \nThe leftover is 172. We did have apparently a water leak. the water bill decreased from 500 to 150 (paid quarterly). Repair paid for itself on the next bill we received.\r \n\r \nMisc also includes my wife’s 2 credit cards, which are mainly Target for kid's stuff (clothes, diapers, shoes, etc), coffee, or anything else she wants like plants and soil.\r \n\r \n\\-----------------------------------------------------------------------------------------------------------------------------------------------------\n\n2014: \r \n* Q1 Started a job out of college making ~40K a year (hourly) as a mortgage underwriter. \r \nStarted contributing to 401K at 10%, and over the year, it increased to 15%\r \n\r \n2015:\r \n* Q1 Received a 5% increase, and I bought my 1st and current house when I had no debt (only credit cards that I pay off monthly). The mortgage was only in my name even though my wife (girlfriend at the time) was going to live with me 30-year mortgage, 4.25% interest rate, and 5% down. \r \n* Q4 I received a promotion to a salary of 55K a year (about a 27% increase in pay)\r \n\r \n2016: \r \n* Q2 I received a promotion to 72K a year (about a 30% increase in pay). \r \n* Q2 My car needed a new engine, therefore I had to get a new car. Got a 2016 Mazda6 for \\~25K at a 0% interest rate\r \n* Q3 Received a 4% mid-year increase due to increased responsibilities (not a promotion)\r \n* Q4 Wife paid off the last of her student loans\r \n\r \n2017: \r \n* Q1 Received a 3% increase. \r \n* Q2 Switched from a bank to a Credit Union - The credit union generates 3% interest on the checking account and still does\r \nI contributed 13.8K to 401K (did not max out, which would have been 18K)\r \nMy wife contributed 3.7K\r \n\r \n2018:\r \n* Q1 Received a 3% increase. \r \n* Q2 Got married \r \n* Q2 Wife traded in a car to a 2018 Subaru Forester on a 4-year loan at 0% interest ~30K\r \nI contributed 15.5K to 401K (did not max out, which would have been 18K)\r \nMy wife contributed $6K to 401K\r \n\r \n2019: \r \n* Q1 Received a 3% increase. \r \n* Q2 Read “The Millionaire Next Door” and got into the FIRE movement\r \n* Q3 Refinanced the mortgage into a 20-year at 3.5% (payment decreased) and removed escrow from the mortgage payment. \r \nBoth my wife and I maxed out 401Ks and IRAs (19K + 6K)x2 \r \n\r \n2020: \r \n* Q1 Received a 3% increase. \r \n* Q3 Received a 29%+ raise (not promotion) to 109K due to salary increases in the industry. \r \n* Q3 Refinanced the mortgage into a 15-year at 1.999% interest rate (payment only increased by $20 per month. \r \n* Q4 Had our 1st child. \r \nBoth my wife and I maxed out 401Ks and IRAs (19.5K + 6K)x2 \r \n\r\r\r \n2021: $475K Net Worth (before moving over Robo-Investing funds) \\~100K extra for Robo.\r \n* Q1 Received a 10% salary increase to $\u200e120K due to the company hitting company goals. \r \n* Q2 The baby started daycare starting (which costs more than the cost of our mortgage)\r \n* Q2 I paid off my Mazda6 loan in full ( I did not pay extra since it was a 0% loan)\r \nBoth my wife and I maxed out 401Ks and IRAs (19.5K + 6K)x2 \r \nCompleted an in-depth review of every dollar received and will do this every year going forward.\r \n\r\r \n2022: $706K Net Worth\r \n* Q1 Received a slight 2.2% increase. Currently making 123K. \r \nUsing Dependent Care FSA - $5,000.\r \nMaxing out 401k, and we already maxed out IRA\r \n* Q3 Wife’s Subaru Forster paid in full. Had a 4-day vacation up north, and we got COVID :( after not getting it during the peak \r \n* Q3 Received discretionary RSU grant worth ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 Wednesday morning in Asia, while the rest of the top 10 non-stablecoin cryptocurrencies were mixed. Bitcoin fell back under US$31,000, but its dominance in total crypto market cap is gaining, a sign of market recovery. Solana added to its gains this week, while Polygon’s Matic and the BNB tokens led the daily losers list. Bitcoin Cash has taken the number 12 spot in the list of top tokens by market cap after its listing on the new EDX Markets exchange.\nBitcoin fell 1.0% over the last 24 hours to US$30,801 at 07:20 a.m. in Hong Kong, shaving its weekly gain down to 0.39%, according todatafrom CoinMarketCap. On Tuesday, the price of the world’s largest cryptocurrency reached US$31,371, its highest since June 2022, on the back of optimism about spot Bitcoin exchange-traded fund applications by a raft of Wall Street heavyweights, including Blackrock.\nThe level of Bitcoin dominance sits near 50%, which is thehighest sinceApril 2021. Alex Kuptsikevich, senior market analyst at FxPro, says this price uptrend in Bitcoin is a typical market recovery pattern in which the most significant asset in the sector attracts buyers first.\n“It will probably take about a year of Bitcoin price recovery before crypto enthusiasts start looking for one with higher risk, pushing altcoins higher and leading to a new wave of capitalisation swell,” said Kuptsikevich, in an email statement. He said he doesn’t see altcoins rallying before November.\nBitcoin’s recent price recovery was sparked by Blackrock, the world’s biggest asset manager, filing anapplicationlast month to launch a Bitcoin ETF and refiling it again after the U.S. Securities and Exchange Commission (SEC) indicated it lacked details.\nSeveral other U.S.-based asset managers, such as Fidelity Investments and WisdomTree, have filed their own Bitcoin ETFs, suggesting mainstream finance recognizes the Bitcoin opportunity and wants to offer clients the access to its price movements without actually owning the token.\nEther, the second-largest cryptocurrency by market cap, looked to be on a run to break US$2,000 this week, but fell back 0.81% to US$1,941 today after a gain of 2.64% for the past seven days.\nThe other top 10 cryptocurrencies by market capitalization traded mixed to flat, with Solana leading gainers with a 2.0% rise to US$19.45. The token has surged 15.35% in the past week.\nPolygon’s Matic and Binance’s BNB token were amongst the losers — Matic lost 1.99% to US$0.6981, though it’s still up 4.29% for the week. BNB lost 1.68% to US$242.83, cutting its\xa0weekly gain to 1.81%.\nAltcoins have suffered from the SEC’s crackdown on tokens that they deem financial securities. Solana, Cardano, Polygon and BNB were among those that the regulator named as unregistered securities in its lawsuits filed against the Coinbase and Binance.US exchanges in early June.\nWhile these altcoins have partially recovered after an initial plunge following the SEC suits, several trading platforms including California-based Robinhood Markets Inc., Israel-based eToro and UK’s Revolut ceased support or limited access to some of these tokens for their U.S.-based customers.\nBitcoin Cashclimbed to become the twelfth largest non-stablecoin cryptocurrency by market capitalization on CoinMarketCap at US$53.8 billion. The Bitcoin spin-off is one of the four cryptocurrencies listed onEDX Markets, the Wall Street-backed, compliance-focused crypto exchange that launched on June 20 in the U.S.\nBitcoin Cash had a market capitalization of US$20.6 billion and was valued at US$106.34 on June 19. It has since surged 160% to US$276.87. It dipped 1.70% in the last 24 hours.\nThe total cryptocurrency market cap fell 0.80% to US$1.21 trillion in the last 24 hours, while crypto trading volume fell 22.22% to US$31.14 billion, according to CoinMarketCap data.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nThe Forkast 500 NFT index rose 1.28% in the 24 hours to 07:45 a.m. in Hong Kong to 2,783.58, but logged a loss of 3.17% for the week. The two Forkast indexes measuring the performance of Ethereum and Polygon NFT markets rose.\nHowever, despite moderate gains in the indexes on Wednesday morning, the NFT market overall remains in a downtrend, said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News.\n“The Forkast 500 NFT Index reflects declining sales prices across collections on all chains, but it’s Ethereum that’s really dragging the market down with it,” said Petscher, pointing to the recent problems with the Azuki NFT collection.\n“Azuki’s struggles exasperated the already struggling market … Azuki’s new Elementals mint was supposed to be a boom for NFTs and instead was a bust, becoming a catalyst that drove NFT collections down to all-time lows.”\nAzuki NFT creator Chiru Labs debuted its latest Elementals collection last Tuesday, to much negative response from the community, who deemed it almost identical to the original Azuki collection.\nWhile the team behind Azuki posted an publicapologyto buyers on Twitter, dissatisfied Azuki holders formed the Azuki DAO last week and passed a vote on Monday to launch a lawsuit against Chiru Labs, claiming the 20,000 ETH (US$39 million) the company holds should be returned to the DAO.\nLegalDAO, the decentralized autonomous organization formed in 2020 by a group of legal professionals,saidTuesday that it will help Azuki DAO in the effort to claim the 20,000 ETH.\nBy NFT collections, Bored Ape Yacht Club topped the trading volume rankings on Cryptoslam with US$3 million, but the volume was down 18.97% on the day. Mutant Ape Yacht Club, another Yuga Labs’ Ethereum-based collection, saw its volume grow 11.94% to US$2.39 million to place second in the rankings.\nTotal NFT trading volume dropped 9.24% to US$31.5 million. Volume on Ethereum fell 9.17% to US$22.7 million according to Cryptoslamdata. Volume on the Bitcoin network gained 3.73% to US$3.19 million, while volumes on Polygon, Solana and BNB all plunged.\nU.S. stock futures dipped as of 10:45 a.m. in Hong Kong ahead of the restart of trading in the U.S. following the July 4 public holiday.\nFutures on all three indexes – Dow Jones Industrial Average, S&P 500 futures and Nasdaq –declinedbut by less than 1%.\nAsian equities opened lower Wednesday morning. The Shanghai Composite fell 0.5%, Hong Kong’s Hang Seng dipped 1.3%, Japan’s Nikkei 225 index edged down 0.3%. South Korea’s Kospi also lost 0.08%.\nThe Caixin China General Composite purchasing managers’ index (PMI) — a measure of the performance of both the manufacturing and services sectors in China —droppedto 52.5 in June from 55.6 the previous month. This marks the sixth consecutive month of expansion for China’s private sector. However, the growth rate was the slowest since January.\nEmployment in China also returned to growth, as the service sector created more jobs following a drop in manufacturing payrolls, according toTrading Economics.\nIn the U.S., New York Federal Reserve President John Williams’ speaks on Wednesday and may provide an update on the Fed’s view of inflation. The Fed will also release its June meeting minutes on Wednesday, where it decided to leave interest rates unchanged between 5% and 5.25%.\nThe Federal Reserve’s next meeting on rates is July 26. The CME FedWatch Tool predicts a 87.4% chance for a 25-basis-point rate increase, down from 89.9% on Tuesday. The likelihood the Fed won’t increase is now at just 12.6%.\n(Updates to add equities section)', 'Bitcoin and Ether traded little changed on Wednesday morning in Asia, while the rest of the top 10 non-stablecoin cryptocurrencies were mixed. Bitcoin fell back under US$31,000, but its dominance in total crypto market cap is gaining, a sign of market recovery. Solana added to its gains this week, while Polygon’s Matic and the BNB tokens led the daily losers list. Bitcoin Cash has taken the number 12 spot in the list of top tokens by market cap after its listing on the new EDX Markets exchange.\nBitcoin fell 1.0% over the last 24 hours to US$30,801 at 07:20 a.m. in Hong Kong, shaving its weekly gain down to 0.39%, according todatafrom CoinMarketCap. On Tuesday, the price of the world’s largest cryptocurrency reached US$31,371, its highest since June 2022, on the back of optimism about spot Bitcoin exchange-traded fund applications by a raft of Wall Street heavyweights, including Blackrock.\nThe level of Bitcoin dominance sits near 50%, which is thehighest sinceApril 2021. Alex Kuptsikevich, senior market analyst at FxPro, says this price uptrend in Bitcoin is a typical market recovery pattern in which the most significant asset in the sector attracts buyers first.\n“It will probably take about a year of Bitcoin price recovery before crypto enthusiasts start looking for one with higher risk, pushing altcoins higher and leading to a new wave of capitalisation swell,” said Kuptsikevich, in an email statement. He said he doesn’t see altcoins rallying before November.\nBitcoin’s recent price recovery was sparked by Blackrock, the world’s biggest asset manager, filing anapplicationlast month to launch a Bitcoin ETF and refiling it again after the U.S. Securities and Exchange Commission (SEC) indicated it lacked details.\nSeveral other U.S.-based asset managers, such as Fidelity Investments and WisdomTree, have filed their own Bitcoin ETFs, suggesting mainstream finance recognizes the Bitcoin opportunity and wants to offer clients the access to its price movements without actually owning the token.\nEther, the second-largest cryptocurrency by market cap, looked to be on a run to break US$2,000 this week, but fell back 0.81% to US$1,941 today after a gain of 2.64% for the past seven days.\nThe other top 10 cryptocurrencies by market capitalization traded mixed to flat, with Solana leading gainers w Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-05 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $599,462,347,750 - Hash Rate: 390233669.4978951 - Transaction Count: 493478.0 - Unique Addresses: 716586.0 Social & AI Sentiment: - Fear & Greed Index: 0.61 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: By Huw Jones LONDON (Reuters) -Bitcoin, ether and other cryptocurrencies should be regulated as gambling given the significant risks they pose to consumers, a panel of UK lawmakers said in a report on Wednesday. Britain, which wants to become a global hub for crypto and its underlying blockchain technology, is planning its first rules for cryptoassets, which currently only comply with anti-money laundering safeguards. Bitcoin and ether account for two-thirds of all cryptoassets and are not backed by any currency or asset, leading to volatility in prices and the potential for all money invested in them to be wiped out, the report from parliament's treasury committee said. Regulating retail trading and investment in unbacked cryptocurrencies could create a 'halo' effect that leads consumers to think the activity is safer than it is, or protected when it is not, it said. "We therefore strongly recommend that the Government regulates retail trading and investment activity in unbacked cryptoassets as gambling rather than as a financial service, consistent with its stated principle of ‘same risk, same regulatory outcome’," the report said. Industry body CryptoUK said it strongly disagreed with equating the crypto sector with gambling. "We are both concerned and disappointed by these claims which are unhelpful, false, fundamentally flawed and unsubstantiated. The statement fails to reflect the true nature, purpose and potential of the crypto industry," CryptoUK said in a statement. The Financial Conduct Authority has repeatedly warned consumers they could lose all of their money invested in cryptocurrencies. Cryptoassets globally have a total market capitalisation of about $1.2 trillion, a tiny part of the financial system, but the collapse of crypto firm FTX exchange last year introduced greater urgency into regulating the sector. "The events of 2022 have highlighted the risks posed to consumers by the cryptoasset industry, large parts of which remain a wild west," said Harriett Baldwin, chair of the treasury committee. Story continues Around 10% of UK adults hold or have held cryptoassets, according to official figures. The European Union approved the world's first set of comprehensive rules for crypto markets on Tuesday. International regulators are due to propose global norms shortly. The underlying technology used by cryptoassets has the potential to improve efficiency in payments, the report said. (Reporting by Huw JonesEditing by Christina Fincher)... - Reddit Posts (Sample): [['u/anonourmouse', 'Queer Kpop Fans Survey 2023 – the results are in!', 158, '2023-07-05 02:07', 'https://www.reddit.com/r/kpopthoughts/comments/14qv3b6/queer_kpop_fans_survey_2023_the_results_are_in/', 'Hello everyone! About a month ago I posted the second annual survey for LGBTQ+ Kpop fans, and I’m now here to share this year\'s results! Before we get to the results, I have a few notes and disclaimers, so please read them!\n\n1. The survey was posted on [r/kpopthoughts](https://www.reddit.com/r/kpopthoughts/), [r/kpophelp](https://www.reddit.com/r/kpophelp/), and [r/kpoppers](https://www.reddit.com/r/kpoppers/) and was open from June 1-June 7. It received 1,057 responses, over 300 more than last year!\n2. In this post, I am only listing the top 3 results for genders, sexual orientations, and romantic orientations that at least 20 respondents identified as (except for the overall demographic results). I did this solely in the interest of keeping this post as short as possible and showing results with even the tiniest bit of statistical significance, and not at all with the intention of excluding anyone – even 20 respondents is honestly pushing it, considering it’s less than 2% of the sample! That being said, I will link the full results at the end of this post.\n3. Following that, one thing I did a bit differently this year is include "N/A" as a entry – i.e., if someone did not answer for whatever reason. This was an especially common answer to the "queerest songs" question.\n4. 353 respondents identified as 2 sexualities and 299 identified as 2 romantic orientations. If someone put more than one identity (ex. "Bisexual, Demisexual"), their answers were counted once under each of the listed identities, which means some of the math won\'t add up perfectly. Four respondents identified as cisgender, heterosexual, and heteroromantic; their responses were erased from the dataset. All respondents who identified as LGBTQ+ in some way, even if they were straight/cis in another way, were included.\n5. If someone wrote more than 3 groups, soloists, ults, and/or songs, I only included the first 3 they listed in the results.\n6. I fully expect Koreaboo to steal and post this information and give me absolutely none of whatever profits they make off of it like they did last year, so let me just preemptively say: FUCK KOREABOO :)\n7. NO BIGOTRY/EXCLUSION OF ANY KIND IN THE COMMENTS PLEASE.\n\n# Demographics\n\n# of respondents by gender\n\n* Women: 661 (653 cis, 8 trans)\n* Men: 158 (113 cis, 45 trans)\n* Genderqueer/Non-binary: 92\n* Unsure/questioning: 49\n* Trans: 53\n* Agender: 35\n* Genderfluid/Multigender/Polygender: 22\n* Demigender: 26 (5 boys, 21 girls)\n* Write-ins: Girl/Woman (5), Unlabeled (2), 2 Spirit (1), Bigender (1), FairyWolf Hybrid (1), Feminine-presenting (1), Girlflux (1), Xenogender (1)\n\n# of respondents by sexual orientation\n\n* Bisexual: 433\n* Asexual/graysexual: 238\n* Lesbian/homosexual: 181\n* Queer: 181\n* Gay/homosexual: 111\n* Pansexual: 104\n* Unsure/questioning: 72\n* Demisexual: 56\n* Write-ins: Omnisexual (2), Aegosexual (1), FaeWolfSexual (1), Unlabeled (1), Polysexual (1), Sexual (1)\n\n# of respondents by romantic orientation\n\n* Biromantic: 378\n* Lesbian/homoromantic: 213\n* Queer: 196\n* Aromantic/grayromantic: 121\n* Panromantic: 120\n* Gay/homoromantic: 116\n* Unsure/questioning: 86\n* Demiromantic: 63\n* Write-ins: Unlabeled (3), ? (1), Polyamorous (1), Polyromantic (1), Romantic (1), Wolfmantic (1)\n\n# Overall Results\n\nGroup Preferences: 37.7% prefer girl groups, 34.3% prefer boy groups, 27.7% have no preference, 0.3% prefer coed groups\n\nSoloist Preferences: 46.1% prefer female soloists, 40.2% have no preference, 13.8% prefer male soloists\n\n\|Top Groups\|Top Soloists\|Top Ult Biases\|Queerest Songs\|\n\|:-\|:-\|:-\|:-\|\n\|1. Stray Kids (226)\|1. Taemin (205)\|1. Suga (BTS) (78)\|1. (G)I-dle - Oh my god (366)\|\n\|2. BTS (197)\|2. Sunmi (180)\|2. \\[TIE\\] Lee Know (SKZ) (56)\|2. Moonbyul ft. Seori - Shutdown (227)\|\n\|3. Seventeen (186)\|3. IU (178)\|2. \\[TIE\\] Taemin (SHINee) (56)\|3. Chuu (ex-Loona) - Heart Attack (177)\|\n\|4. Twice (177)\|4. Taeyeon (176)\|4. Bang Chan (SKZ) (55)\|4. OnlyOneOf - libidO (136)\|\n\|5. Red Velvet (147)\|5. Chungha (172)\|5. Moonbyul (MMM) (49)\|5. N/A (76)\|\n\|6. TXT (137)\|6. Agust D (149)\|6. Seulgi (RV) (46)\|6. Irene&Seulgi (RV) - Monster (65)\|\n\|7. SHINee (124)\|7. Bibi (123)\|7. \\[TIE\\] Felix (SKZ) (41)\|7. Taemin - Move (54)\|\n\|8. \\[TIE\\] (G)I-dle (117)\|8. \\[TIE\\] Baekhyun (78)\|7. \\[TIE\\] Han (SKZ) (41)\|8. V (BTS) - Stigma (39)\|\n\|8. \\[TIE\\] Dreamcatcher (117)\|8. \\[TIE\\] Key (78)\|9. RM (BTS) (40)\|9. \\[TIE\\] K.Will - Please Don\'t... (35)\|\n\|10. Ateez (116)\|10. Woodz (73)\|10. Yunjin (LSFM) (38)\|9. \\[TIE\\] Yoojung (OOO) - begin (35)\|\n\nLike last year, I\'ve made playlists of the queerest songs according to the survey! To keep it from being too long, I only put songs that at least 2 people replied, but you can see all of the songs in the full results, linked at the end of this post. Enjoy!\n\n[gaypop 2023 Spotify playlist](https://open.spotify.com/playlist/6syVVrCeyc6C1S4WwPIKM1?si=0BTcZGTSTcqaqOTGhotTMQ)\n\n[gaypop 2023 YouTube playlist](https://youtube.com/playlist?list=PLSW2w6Xza72apViQWUvyUBOuShFNm6Gde)\n\nI don’t have Apple Music, but if someone here does and wants to make a playlist there let me know!\n\n# Results by Gender\n\nNote: Unlike last year, I did not calculate results for cis women or cis men.\n\nGenderqueer/Nonbinary\n\nGroup Preferences: 46.7% prefer boy groups, 27.2% have no preference, 26.1% prefer girl groups\n\nSoloist Preferences: 41.3% have no preference, 38.0% prefer female soloists, 20.7% prefer male soloists\n\n\|Top Groups\|Top Soloists\|Top Ult Biases\|Queerest Songs\|\n\|:-\|:-\|:-\|:-\|\n\|1. Stray Kids (26)\|1. Sunmi (20)\|1. \\[TIE\\] Bang Chan (SKZ) (7)\|1. (G)I-dle - Oh my god (24)\|\n\|2. Seventeen (18)\|2. Taeyeon (17)\|1. \\[TIE\\] Han (SKZ) (7)\|2. OnlyOneOf - libidO (17)\|\n\|3. \\[TIE\\] BTS (16)\|3. Taemin (15)\|1. \\[TIE\\] Suga (BTS) (7)\|3. Chuu (ex-Loona) - Heart Attack (15)\|\n\|3. \\[TIE\\] Twice (16\|\|\|\|\n\nUnsure/Questioning\n\nGroup Preferences: 36.7% prefer boy groups, 34.7% have no preference, 28.6% prefer girl groups\n\nSoloist Preferences: 53.1% have no preference, 40.8% prefer female soloists, 6.1% prefer male soloists\n\n\|Top Groups\|Top Soloists\|Top Ult Biases\|Queerest Songs\|\n\|:-\|:-\|:-\|:-\|\n\|1. \\[TIE\\] BTS (11)\|1. IU (13)\|1. \\[TIE\\] Key (SHINee) (4)\|1. (G)I-dle - Oh my god (23)\|\n\|1. \\[TIE\\] Stray Kids (11)\|2. Taemin (12)\|1. \\[TIE\\] Suga (BTS) (4)\|2. \\[TIE\\] Chuu (ex-Loona) - Heart Attack (9)\|\n\|3. \\[TIE\\] Seventeen (9)\|3. Agust D (8)\|1. \\[TIE\\] Taemin (SHINee) (4)\|2. \\[TIE\\] Moonbyul ft. Seori - Shutdown (9)\|\n\|3. \\[TIE\\] SHINee (9)\|\|\|\|\n\nTrans Men\n\nGroup Preferences: 54.3% prefer boy groups, 26.1% prefer girl groups, 19.6% have no preference\n\nSoloist Preferences: 50.0% have no preference, 28.3%% prefer female soloists, 21.7% prefer male soloists\n\n\|Top Groups\|Top Soloists\|Top Ult Biases\|Queerest Songs\|\n\|:-\|:-\|:-\|:-\|\n\|1. Stray Kids (12)\|1. Taemin (10)\|1. Han (SKZ) (4)\|1. (G)I-dle - Oh my god (13)\|\n\|2. \\[TIE\\] Seventeen (9)\|2. Sunmi (9)\|2. \\[TIE\\] DK (SVT), Felix (SKZ), Jennie (BP), Jonghyun (SHINee) (3)\|2. Chuu (ex-Loona) - Heart Attack (9)\|\n\|2. \\[TIE\\] SHINee (9)\|3. Agust D (7)\|2. \\[TIE\\] Key (SHINee), Momo (Twice), Suga (BTS), Wonho (3)\|3. OnlyOneOf - libidO (6)\|\n\nAgender\n\nGroup Preferences: 40.0% prefer girl groups, 31.4% have no preference, 28.6% prefer boy groups\n\nSoloist Preferences: 57.1% have no preference, 42.9% prefer female soloists\n\n\|Top Groups\|Top Soloists\|Top Ult Biases\|Queerest Songs\|\n\|:-\|:-\|:-\|:-\|\n\|1. Dreamcatcher (8)\|1. Chungha (6)\|1. \\[TIE\\] Han (SKZ) (4)\|1. (G)I-dle - Oh my god (15)\|\n\|2. Ateez (7)\|2. \\[TIE\\] Agust D (5)\|1. \\[TIE\\] Lee Know (SKZ) (4)\|2. Moonbyul ft. Seori - Shutdown (8)\|\n\|3. Seventeen (6)\|2. \\[TIE\\] Bibi (5)\|3. (17 idols got 2)\|3. \\[TIE\\] Chuu (ex-Loona) - Heart Attack (5)\|\n\|\|2. \\[TIE\\] Sunmi (5)\|\|3. \\[TIE\\] OnlyOneOf - libidO (5)\|\n\nGenderfluid/Multigender/Polygender\n\nGroup Preferences: 54.5% prefer boy groups, 18.2% prefer girl groups, 27.3% have no preference\n\nSoloist Preferences: 45.5% have no preference, 27.3% prefer female soloists, 27.3% prefer male soloists\n\n\|Top Groups\|Top Soloists\|Top Ult Biases\|Queerest Songs\|\n\|:-\|:-\|:-\|:-\|\n\|1. Ateez (7)\|1. Taemin (12)\|1. \\[TIE\\] Hongjoong (Ateez) (3)\|1. (G)I-dle - Oh my god (8)\|\n\|2. \\[TIE\\] BTS (5)\|2. Agust D (7)\|1. \\[TIE\\] Ten (NCT) (3)\|2. V (BTS) - Stigma (4)\|\n\|2. \\[TIE\\] Seventeen (5)\|3. \\[TIE\\] IU (5)\|3. \\[TIE\\] Dino (SVT), Kai (EXO), RM (BTS) (2)\|3. (6 songs got 2)\|\n\|2. \\[TIE\\] TXT (5)\|3. \\[TIE\\] Woodz (5)\|3. \\[TIE\\] San (Ateez), Woodz, Yeonjun (TXT) (2)\|\|\n\nDemigirl\n\nGroup Preferences: 42.9% prefer boy groups, 28.6% have no preference, 28.6% prefer girl groups\n\nSoloist Preferences: 42.9% prefer female soloists, 42.9% have no preference, 14.3% prefer male soloists\n\n\|Top Groups\|Top Soloists\|Top Ult Biases\|Queerest Songs\|\n\|:-\|:-\|:-\|:-\|\n\|1. Stray Kids (8)\|1. Bibi (6)\|1. \\[TIE\\] Bang Chan (SKZ) (3)\|1. (G)I-dle - Oh my god (6)\|\n\|2. BTS (7)\|2. Hwasa (4)\|1. \\[TIE\\] Felix (SKZ) (3)\|2. Moonbyul ft. Seori - Shutdown (5)\|\n\|3. Twice (6)\|3. \\[TIE\\] Baekhyun (3)\|1. \\[TIE\\] J-hope (BTS) (3)\|3. OnlyOneOf - libidO (3)\|\n\|\|3. \\[TIE\\] IU (3)\|1. \\[TIE\\] Moonbyul (MMM) (3)\|\|\n\|\|3. \\[TIE\\] Sunmi (3)\|1. \\[TIE\\] Yunjin (LSFM) (3)\|\|\n\n# Results by Sexual Orientation\n\nBisexual\n\nGroup Preferences: 34.9% prefer boy groups, 33.9% prefer girl groups, 30.7% have no preference, 0.5% prefer coed groups\n\nSoloist Preferences: 45.5% have no preference, 42.0% prefer female soloists, 12.5% prefer male soloists\n\n\|Top Groups\|Top Soloists\|Top Ult Biases\|Queerest Songs\|\n\|:-\|:-\|:-\|:-\|\n\|1. Stray Kids (99)\|1. Taemin (97)\|1. Suga (BTS) (39)\|1. (G)I-dle - Oh my go... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Good morning. Here’s what’s happening:\nPrices:Bitcoin was holding steady about about $30.5K – unmoved by upbeat crypto comments by BlackRock CEO Larry Fink\'s\nInsights:Pita Limjaroenrat, a candidate to become Thailand\'s next prime minister, owns crypto. What does his disclosure say about politicians and crypto?\nCoinDesk Market Index (CMI)\n1,247\n−14.9▼1.2%\nBitcoin (BTC)\n$30,463\n−360.5▼1.2%\nEthereum (ETH)\n$1,910\n−29.9▼1.5%\nS&P 500\n4,446.82\n−8.8▼0.2%\nGold\n$1,924\n+1.8▲0.1%\nNikkei 225\n33,338.70\n−83.8▼0.3%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,247", "\\u221214.9\\u25bc1.2%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$30,463", "\\u2212360.5\\u25bc1.2%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,910", "\\u221229.9\\u25bc1.5%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,446.82", "\\u22128.8\\u25bc0.2%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,924", "+1.8\\u25b20.1%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["33,338.70", "\\u221283.8\\u25bc0.3%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nBitcoin Holds Steady Through Good and Bad\nThe end of a long, U.S. holiday weekend, the release of June Federal Reserve minutes offering some detail on the central bank\'s current thinking about monetary policy and crypto-favorable comments by BlackRock CEO Larry Fink left bitcoin largely unstirred from its current resting place well above $30,000.\nThe largest cryptocurrency by market capitalization was recently trading at about $30,465, down slightly more than a percentage point over the past 24 hours. After surging above $31,000 in mid-June following multiple spot bitcoin ETF filings, BTC has remained mostly impervious to potential price catalysts, even as investor sentiment has brightened.\nIn an email to CoinDesk, Tim Frost, the CEO of digital wealth platform Yield App, wrote that the crypto market was likely transitioning from the 18-month bear market to more promising times. Frost noted parallels in the crypto 2019 crypto market when bitcoin stalled after emerging from a crypto winter before spiking again the following year.\n"We could be looking at that same period of stability around about now. Indeed, bitcoin has remained relatively stable over the past three months ranging between $28,000 and its current level of just below $31,000," Frost wrote. "If we were to see a few more months of this, this would set the stage for a much more optimistic period in terms of price."\nFrost added that macroeconomic signals and crypto industry trends were pointing positively, including recent declines in inflation, the unveiling of a quantitative easing program in China, increased regulatory clarity in Singapore, Korea and Thailand to prevent the type of asset co-mingling that led to the implosion of disgraced exchange giant FTX and subsequent contagion. He also noted that the SEC was allowing bankrupt crypto lending platform Celsius to sell altcoins for bitcoin and ether that it can then distribute to creditors and other clients.\nRead More:Bankrupt Celsius Can Convert Altcoins to BTC, ETH Starting July 1 Following SEC Talks\n"We really are seeing a clearing of the decks in cryptocurrency," Frost wrote, "and regulation is creating a landscape that will make it easier for everybody to operate. This, combined with some more stable and promising price signals, means that now may be a very good time to think long term.”\nEther was recently changing hands at $1,910, off 1.5% from Tuesday, same time. Other major cryptos spent much of the day in the red with ADA, the token of smart contracts platform Cardano, declining 3%. Litecoin, and popular meme coins DOGE and SHIB all recently dropped more than 2%. STORJ, the native crypto of the Storj cloud storage platform, rose more than 40% earlier in the day, but relinquished its gains to trade down 20% from a day ago.\nTheCoinDesk Market Index, a measure of crypto markets\' overall performance, was recently down 1.3%.\nU.S. stocks edged down with the tech-heavy Nasdaq Composite and S&P 500 falling 0.3% and 0.2%, despite Fed minutes showing some officials favoring a June rate hike. Central bankers have been wrestling with how to continue addressing annual inflation, which remains more than double their 2% goal without casting the U.S. economy into recession. The bank seemed to forge a compromise at its last meetingby haltingits year-long diet of rate hikes while indicating in subsequent comments that it would pass two more rate hikes in 2023. The U.S. Labor Department will announce its nextConsumer Price index on July 12, giving economic observers their next key read on price trends.\nIn recent months, equity and crypto prices have increasingly decoupled,a trend underscoredby recent data from derivatives analytics firm Block Scholes.\nLate Wednesday, BlackRock CEO Larry Fink seemed to buoy crypto markets\' prospects, telling Fox Business in an interview that crypto "could revolutionize finance." Last month, BlackRock, the world\'s largest asset manager, applied for a spot bitcoin ETF, spurring a mini-run of filings and re-filings with the Securities and Exchange Commission (SEC) by other prominent, financial services firms. The SEC has yet to approve a spot BTC ETF.\nRead More:BlackRock CEO Larry Fink Says Bitcoin Could ‘Revolutionize Finance’\n“We believe that if we can create more tokenization of assets and securities – that’s what bitcoin is – it could revolutionize finance,” he said, adding: “Instead of investing in gold as a hedge against inflation, a hedge against the onerous problems of any one country, or the devaluation of your currency whatever country you’re in – let’s be clear, bitcoin is an international asset, it’s not based on any one currency and so it can represent an asset that people can play as an alternative.”\nBitcoin traded sideways in the subsequent hours.\n[{"Asset": "Solana", "Ticker": "SOL", "Returns": "+0.3%", "DACS Sector": "Smart Contract Platform"}]\n[{"Asset": "Terra", "Ticker": "LUNA", "Returns": "\\u22125.9%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Polygon", "Ticker": "MATIC", "Returns": "\\u22124.3%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Gala", "Ticker": "GALA", "Returns": "\\u22124.1%", "DACS Sector": "Entertainment"}]\nThai PM Hopeful Owns Cryptocurrency. Why Does It Matter?\nPita Limjaroenrat, the leader of Thailand’s Move Forward Party, and contender for Prime Minister, holds crypto,according to disclosures filed.\nNow to be sure, he doesn’t own a ton of crypto and has way more traditional finance assets.\nThe cumulative thousands of dollars worth of crypto, split between bitcoin (BTC), ether (ETH), BNB, and Cardano (ADA) is only a fraction of his total net worth of 64,283,544 THB ($1.84 million), and heowns significantly more land and equities.\nAll this is interesting because now Pita joins the ranks of politicians holding crypto. In the United States,a total of eightmembers of Congress hold crypto, or shares in Grayscale’s Bitcoin Trust, according toBitcoinpoliticians.org, which tracks holdings based on financial disclosures. In Korea, one elected representative was referred to theirparliamentary ethics committeeafter he disclosed that he owns a “significant amount of coins”, with a large holding consisting of GameFi platformWeMIX tokens.\nTo put into perspective how mainstream crypto is in Thailand, the Move Forward Party wasn’t “the” crypto party in the country’s recent elections. That honor goes to the Pheu Thai party, one of the other parties to form a governing coalition. The Pheu Thai partypromised an airdropof 10,000 THB (around $300) to every Thai citizen, although the Move Forward Party did make promises about integrating blockchain into government affairs to increase transparency.\nPita isn’t Prime Minister quite yet. Thai political procedure requires the House of Representatives and Senateto vote on who will be prime minister, and that could be an uphill battle.\nBut there is a chance that an elected leader of a major country in Asia will also be a bitcoin hodler. Isn’t that a sign of the times?\n8:15 p.m. HKT/SGT(12:15 p.m. UTC):ADP Employment Change Report (June)\n8:30 p.m. HKT/SGT(12:30 p.m. UTC):U.S. Continuing Jobless Claims (June 23)\n10 p.m. HKT/SGT(2 p.m. UTC):JOLTS Jobs Openings (May)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nBlackRock Bitcoin ETF Application Refiled; Michael Moro Takes Helm of New Crypto Derivatives Exchange\nThe Nasdaq exchange has refiled its application to list BlackRock\'s proposed bitcoin exchange-traded fund. Matrixport head of research and strategy Markus Thielen shared his crypto markets analysis. Michael Moro, the former CEO of Genesis Trading, joined "First Mover" to discuss taking the helm of a new cryptocurrency derivatives exchange called Ankex. DCG owns Genesis and CoinDesk. And, TRM Labs head of legal and government affairs Ari Redbord weighed in on the state of the elicit crypto ecosystem.\nBitcoin Remains Range-Bound, Despite Bullish Sentiment:Bitcoin prices have paused with support at $30,000\nNFT Creator Royalty Payments Hit Two-Year Low: Nansen:The rise of royalty-optional platforms like Blur and OpenSea have contributed to declining royalty payments for artists across the space.\nHollywood Legend Steve McQueen Honored as \'King of Cool\' in New NFT Collection:The racing-themed collection with 1,000 NFTs will give holders access to token-gated content, events and games celebrating the actor\'s love of motorcycle racing.\nCrypto Storage Token Storj Rallies 43% Overnight as Trading Volume Surges:The decentralized cloud storage protocol has seen its market value double this week.\nBitcoin Prices Are Hot, but Here’s What Could Crush the Rally:BTC has proved incredibly resilient to the perils of the past year, including FTX’s demise. But there are some macroeconomic surp Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-06 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $588,769,214,438 - Hash Rate: 349951484.25940275 - Transaction Count: 392688.0 - Unique Addresses: 709055.0 Social & AI Sentiment: - Fear & Greed Index: 0.56 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Digital asset investment products witnessed the largest single weekly inflows in a year - mostly dominated by bitcoin-related products - after nine consecutive weeks of outflows, according to a report from European digital asset manager CoinShares. Bitcoin-related products were the primary asset for inflows, seeing $188 million in total, representing 94% of the total flows. Short-bitcoin products saw total outflow of $4.9 million, for the ninth consecutive week, according to the report. This comes after a number of high profile institutions filed for exchange traded funds (ETF) last week and bitcoin (BTC) price hit one-year high . Asset management giant BlackRock filed an application to roll out a spot bitcoin ETF on June 15. There were also re-filings for similar products by well-known TradFi firms such as Invesco and WisdomTree. We believe this renewed positive sentiment is due to recent announcements from high profile ETP issuers that have filed for physically backed ETFs with the U.S. Securities & Exchange Commission, the report said. Read more: A Straightforward Explanation for Why Financial Giants Want to Issue a Spot Bitcoin ETF The inflows totalled $199 million, which reversed almost half of the prior nine consecutive weeks of outflows. The report noted that Exchange Traded Product (ETP) trading volumes totalled $2.5 billion for the week. Meanwhile, Ethereum saw inflows of $7.8 million, representing only 0.1% of assets under management (AUM), relative to bitcoin's inflows of 0.7%, demonstrating less of an appetite for ethereum than bitcoin at present. However, the positive sentiment didnt flow through into altcoin investments, according to the report. This turn in sentiment didnt trickle down to altcoins with only very minor inflows into XRP and Solana totalling $0.24m and $0.17m respectively. But the improved sentiment did encourage some investors to buy multi-asset investment ETPs, with $8m inflows last week, the CoinShares report added.... - Reddit Posts (Sample): [['u/Fabs_-', 'Anybody else pretty fed-up with the post on here ?!', 51, '2023-07-06 00:20', 'https://www.reddit.com/r/Bitcoin/comments/14rpcg3/anybody_else_pretty_fedup_with_the_post_on_here/', "It feels like the only things getting asked are ; Should I buy all at once ? DCA ? What hardware wallet is best ? Have you heard about insert freshest news ?! Guys, I lost x amount ! Help ? Guys, I hate myself for not buying back then ! Yada yada...\n\nHow is it possible that with 5M+ members, there are close-to-none technical, or even technically related posts about Bitcoin ? It's a freaking Bitcoin sub !\n\nI felt like that before, but damn, since I've been trying to get a better technical understanding about the moving parts of Bitcoin, and started posting some questions about it, there have been less-and-less comments on them- if any.\n\nPretty weak for a Sub this big.", 'https://www.reddit.com/r/Bitcoin/comments/14rpcg3/anybody_else_pretty_fedup_with_the_post_on_here/', '14rpcg3', [['u/Good_Extension_9642', 85, '2023-07-06 00:40', 'https://www.reddit.com/r/Bitcoin/comments/14rpcg3/anybody_else_pretty_fedup_with_the_post_on_here/jqtfuqh/', 'Hey OP I have a question: should I DCA or purchase with a lump sum?', '14rpcg3'], ['u/satoshisfeverdream', 24, '2023-07-06 01:41', 'https://www.reddit.com/r/Bitcoin/comments/14rpcg3/anybody_else_pretty_fedup_with_the_post_on_here/jqto36o/', 'Hey what happens to the Bitcoin network if we have a full moon, solar flare and an eclipse in the same month?', '14rpcg3'], ['u/tarkovLoadedwCheatrs', 24, '2023-07-06 01:57', 'https://www.reddit.com/r/Bitcoin/comments/14rpcg3/anybody_else_pretty_fedup_with_the_post_on_here/jqtqalk/', "It's Reddit bro. \n\nAll subs are circle jerk, bias reaffirming, echo chambers.\n\nWTF you expect?\n\n😆", '14rpcg3'], ['u/Nathan-McAlpin', 13, '2023-07-06 02:03', 'https://www.reddit.com/r/Bitcoin/comments/14rpcg3/anybody_else_pretty_fedup_with_the_post_on_here/jqtr2ob/', 'Lump it baby! To the MOON!!!', '14rpcg3'], ['u/itfwg', 12, '2023-07-06 02:06', 'https://www.reddit.com/r/Bitcoin/comments/14rpcg3/anybody_else_pretty_fedup_with_the_post_on_here/jqtrgjj/', 'Many of us have been here for a long time and got technical questions answered previously from many sources. Sometimes we will help, but we may be distracted with different topics at this time. We continue to be early adopters. A lot of my time has been spent researching super yachts, and fresh water boathouses with access to ocean based in favorable geopolitical locations. It comes with its own technical challenges.', '14rpcg3'], ['u/captain-garfio', 63, '2023-07-06 02:15', 'https://www.reddit.com/r/Bitcoin/comments/14rpcg3/anybody_else_pretty_fedup_with_the_post_on_here/jqtsm5e/', 'I was getting fed up but luckily your high quality post restored my faith in this sub.', '14rpcg3'], ['u/BashCo', 40, '2023-07-06 05:17', 'https://www.reddit.com/r/Bitcoin/comments/14rpcg3/anybody_else_pretty_fedup_with_the_post_on_here/jqueyqm/', "After reviewing OP's submission history (3 posts ever, all in the past day), I'm strongly encouraging OP to log off for a few days to recalibrate, then come back and post some of the extremely high quality content that he wishes to see here.\n\nBe the change you want to see, and all that.", '14rpcg3']]], ['u/samgf', 'Please rate my brother in laws investment strategy', 18, '2023-07-06 01:17', 'https://www.reddit.com/r/CryptoCurrency/comments/14rqtts/please_rate_my_brother_in_laws_investment_strategy/', 'So for context, I’m somewhat financially savvy but certainly could know more.\n\nI have invested a little into bitcoin but that’s it.\n\nWhat I’m really interested to hear is what you think of my brother in laws investment strategy.\n\nBut of context: he’s 26 and lives in the UK, he cleans windows for a living but is capable of much more and capable of learning something more career based. He’s extremely ambitious and wants to make a lot of money, however he’s clearly not trying to do this through his work…\n\nSo, he invests in crypto, and feels that he’s going to be a multi millionaire in a couple of years.\n\nI asked him about his strategy and he said that when he gets paid, he invests everything he possibly can into the coins that have dropped the most from their all time high. For example, a few days ago when he got paid, he bought occam.fi. He has all of his money spread out across these multiple coins that are worth basically nothing compared to their all time high and he’s fully convinced that they will 100x over the next couple of years when there is ‘the bull run’. He says that everyone who buys a house ‘has taken a massive L’ and is a slave to the system. He doesn’t have any hobbies other than the gym, and my biggest worry is the impact he’s having on his gf (my sister in law). He would never buy bitcoin because he thinks it can never get him the returns he’s looking for ‘doubling my money just isn’t what I’m looking for’.\n\nSo, fellow crypto enthusiasts, what do you think of this strategy? Is there any chance of this paying off? Or is he destined for windows the the rest of his life?', 'https://www.reddit.com/r/CryptoCurrency/comments/14rqtts/please_rate_my_brother_in_laws_investment_strategy/', '14rqtts', [['u/99999999999999999989', 14, '2023-07-06 01:22', 'https://www.reddit.com/r/CryptoCurrency/comments/14rqtts/please_rate_my_brother_in_laws_investment_strategy/jqtlj7r/', 'Dude is completely fucked.\n \nEDIT: So is he buying Shiba? Wrapped Luna perhaps?', '14rqtts'], ['u/zoomercoomer9000', 18, '2023-07-06 01:23', 'https://www.reddit.com/r/CryptoCurrency/comments/14rqtts/please_rate_my_brother_in_laws_investment_strategy/jqtlpcj/', "Occam fi? What's tha-\n\n\nToken \| ATH \| Price today \| Change\n:--\|:--\|:--\|:--\nOCC \| $16.76 \| $0.14 \| -99.16%\n\nOh boy. Well, at least we know your decision to stick with BTC is a more sound investment strategy than your brother's.", '14rqtts'], ['u/deathbyfish13', 10, '2023-07-06 01:45', 'https://www.reddit.com/r/CryptoCurrency/comments/14rqtts/please_rate_my_brother_in_laws_investment_strategy/jqtoncg/', 'Nah according to this guy anyone who has brought a house, you know the one investment that has historically always gone up, is a loser... Dude has lost his damn mind', '14rqtts'], ['u/marsangelo', 23, '2023-07-06 01:47', 'https://www.reddit.com/r/CryptoCurrency/comments/14rqtts/please_rate_my_brother_in_laws_investment_strategy/jqtoyrv/', '“Please brother in law what are you doing”', '14rqtts'], ['u/Sir_McFuckington', 15, '2023-07-06 02:33', 'https://www.reddit.com/r/CryptoCurrency/comments/14rqtts/please_rate_my_brother_in_laws_investment_strategy/jqtusja/', "I don't want to say he's an idiot. But he's an idiot.\n\nI said it...I just didn't want to.", '14rqtts']]], ['u/Crangrapejoose', 'Everything has been a setup for the financial takeover of the world since 2008. A cashless society is looming in which control of everything we do will be tracked.', 61, '2023-07-06 02:23', 'https://www.reddit.com/r/conspiracy/comments/14rscgq/everything_has_been_a_setup_for_the_financial/', 'It started with the crash - then the study of bitcoin over the years. \n\n2012 the financial oversight committee was start which Gary G was the head. \n\n2012 Obama turned on the printing machine full blast\n\nRosie Rios was told in 2012 to reduce coin and cash usage\n\nMassive shift happening in that period. \n\nEnter Jay Clayton with the XRP cripe - now sits on FDIC and so does Rosie Rios\n\n2020 we had the plandemic and we all know how that went financially \n\n2022 the FED openly talks about the digital currency and asks YOUR opinion on the site at that time\n\nBRICS nations declared and their agreement on dropping the US dollar in favor of their own currency\n\nAlong with this you have China that already had a digital Yuan being tested with their social credit score system.\n\nBitcoin was created to study and that is all. \n\nI obviously shortened this a LOT but it truly has been a long con to get us to where we are to replace all cash usage in the world slowly but surely. \n\nI know comments will point out some things I missed so I will update the post in case it gains traction.', 'https://www.reddit.com/r/conspiracy/comments/14rscgq/everything_has_been_a_setup_for_the_financial/', '14rscgq', [['u/Penny1974', 17, '2023-07-06 02:34', 'https://www.reddit.com/r/conspiracy/comments/14rscgq/everything_has_been_a_setup_for_the_financial/jqtuz26/', 'I have a theory on how they get the majority of US citizens to willingly sign up and link their accounts to the CBDC - this be the will end of cash society as we know it and establish a US social credit system. \n\nThere will be another "something", i.e. pandemic, etc. and the government will give out large stimulus checks, but this time you can get your stimulus in a very short period of time (1-2 days) if you sign up and link all of your life to the Fed CBDC site if you don\'t you will receive a paper check in 6-9 months. If this was proposed and the amount was large enough and people were financially hurting the majority of America would willingly sign up.', '14rscgq']]], ['u/Shiratori-3', "BlackRock CEO Larry Fink sees bitcoin as 'digitizing gold'", 16, '2023-07-06 02:31', 'https://www.reddit.com/r/CryptoCurrency/comments/14rsjdm/blackrock_ceo_larry_fink_sees_bitcoin_as/', 'Turntables!', 'https://www.theblock.co/post/237978/blackrock-ceo-larry-fink-sees-bitcoin-as-digitizing-gold', '14rsjdm', [['u/Probably_notabot', 11, '2023-07-06 02:34', 'https://www.reddit.com/r/CryptoCurrency/comments/14rsjdm/blackrock_ceo_larry_fink_sees_bitcoin_as/jqtuy9p/', 'He’ll say anything to get his ETF approved. Institutional FOMO achieved.', '14rsjdm']]], ['u/dibcompany', 'Best idea ever for Pulsechain marketing!!!', 12, '2023-07-06 04:52', 'https://www.reddit.com/r/Pulsechain/comments/14rvqet/best_idea_ever_for_pulsechain_marketing/', "TLTR: Make WBTC price on pulsechain go skyrocket. Like more than the actual BTC price.\n\nCu... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 below the US$30,000 support line in Friday morning trading in Asia as traders took profits amid worries about interest rate hikes in U.S. markets that drove investors into so-called risk-off mode, which pulled equities lower. Ether fell along with most other top 10 non-stablecoin tokens. Solana dodged the bearish sentiment to jump more than 6%. Despite the declines, the cryptocurrency Fear & Greed Index stands in the Greed territory at 56, as institutional interest in Bitcoin looks solid. Losing ground Bitcoin fell 1.88% over the last 24 hours to US$29,919 at 07:20 a.m. in Hong Kong to post a loss of 1.68% for the past seven days, according to data from CoinMarketCap. The world\x92s leading cryptocurrency reached US$31,399 on Thursday night, the highest in 13 months. \x93With strong economic data in the US, good earning expectations and employment data in the private sector, investors are seeing increasing chances of further rate hikes; bond yields rose while equity indexes fell sharply,\x94 said Justin d\x92Anethan, head of APAC business development at Belgium-based crypto market-maker Keyrock . \x93The broad sell-off in risk assets undoubtedly affected crypto traders\x92 sentiment and new highs were seen as a profit-taking opportunity, rather than a chance to go long and hope for even higher prices,\x94 d\x92Anethan said. Large financial institutions show increasing interest in Bitcoin, according to the Bitcoin Monthly June 2023 Report by asset manager Ark Invest on Thursday, which highlighted the balance of Bitcoin held on over-the-counter (OTC) desks, a proxy for institutional activity, hitting a one-year high in late June. \x93By the end of the quarter, the OTC Bitcoin balance had increased by 60% sequentially,\x94 Ark Invest wrote in the report, which suggests \x93institutions and other large capital allocators are focused increasingly on Bitcoin.\x94 Ether fell 3.13% to US$1,851, leaving it flat for the week. The token reached a high of US$1,956 on Thursday evening, but soon lost ground as investors took profits. Story continues Most other top 10 non-stablecoin cryptocurrencies also logged losses in the past 24 hours, with the exception of Solana\x92s SOL and Tron\x92s TRX. Solana jumped 6.48% to US$20.12, moving up 12.52% for the week. The token breached the US$20 resistance level on Thursday evening for the first time since June 7 as sentiment received a boost from a partnership between Coca-Cola Serbia and Solana\x92s non-fungible token (NFT) platform SolSea. The two will launch Coca-Cola brand NFTs at the Exit Festival in Serbia from July 6 to 9. The total cryptocurrency market cap fell 1.45% to US$1.17 trillion in the last 24 hours, while crypto trading volume rose 37.62% to US$43.26 billion, according to CoinMarketCap data. Forkast 500 NFT index dips The indexes are proxy measures of the performance of the global NFT market. They are managed by CryptoSlam , a sister company of Forkast.News under the Forkast.Labs umbrella. The main Forkast 500 NFT index dipped 0.38% in the 24 hours to 11:15 a.m. in Hong Kong to 2,774.37, down 2.73% for the week. The two Forkast indexes measuring the performance of Solana and Cardano NFT markets logged increases. Bored Ape Yacht Club (BAYC) led collections by trading volumes, which rose 19.85% to US$3.49 million. Mutant Ape Yach Club (MAYC) and Azuki ranked second and third. \x93The big NFT collections who saw large decreases in their floor prices have regained some footing, and now are bouncing up or down around 5% instead of the massive double-digit swings they were seeing earlier this week and last week,\x94 said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News. The floor price of BAYC edged up 0.6% in the past 24 hours to 30.95 ETH (US$57,477), according to data from CoinGecko, while MAYC and Azuki dipped 1.5% and 3.2% over the same period. However, the three tokens are still holding two-digit losses for the past seven days. Despite the low price opportunities, a lack of liquidity is keeping investors away from the market, according to Petscher, who said \x93traders are openly discussing having no liquidity and no plans to take advantage of historically low prices across blockchains.\x94 Blur, the leading NFT marketplace, launched its version 2 trading platform on Thursday, which introduced a 50% cut in gas fees and a new \x93trait bidding\x94 feature, which allows traders to bid on specific NFT traits rather than collections and receive Blur reward points. However, the update doesn\x92t appear to be attracting traders. According to data from blockchain aggregator DefiLlama , the total value locked on Blur was US$134.96 million on Friday, down from 155.68 million on Wednesday. \x93There\x92s also talk of ETH being withdrawn from Blur\x92s ETH pool as some of the biggest points farmers are upset with the ongoing Season 2 of farming,\x94 said Petscher. Blur announced its Season 2 of farming in February and said it would distribute over 300 million Blur tokens as rewards for bidding, listing, lending and other activities in the marketplaces. Good news is bad news (again) for U.S. equities Image: Getty Images U.S. stock futures traded lower as of 14:00 p.m. in Hong Kong, according to data from CNN . The three major U.S. indexes also fell in the regular Thursday session. Most main Stock indexes across Asia also tumbled on Friday, with Hong Kong\x92s Hang Seng , South Korea\x92s Kospi and Japan\x92s Nikkei all sliding. China\x92s Shanghai Composite Index edged up. Economic indicators out in the U.S. overnight showed increases in private sector jobs and pay, according to the ADP National Employment Report published . The payroll increase is more than double the analysts\x92 expectation of 228,000, Reuters reported on Thursday, despite the Federal Reserve\x92s monetary tightening campaign. The U.S. services\xa0 purchasing managers\x92 index (PMI) rose to 53.9 in June, according to the Institute for Supply Management on Thursday, which beats Reuters\x92 projection of 51. A reading above 50 indicates expansion, below 50 a contraction. The data added to concerns that the Federal Reserve will continue its campaign of raising rates and holding them higher for longer periods to tackle inflation. The Fed meets on July 26 to make its next decision on interest rates, after leaving them unchanged in June at between 5% and 5.25%. The CME FedWatch Tool predicts a 92.4% chance for a 25-basis-point rate increase, up from 88.7% on Thursday. The likelihood the Fed won\x92t increase is now at just 7.6%. Investors are now waiting for the U.S. government\x92s employment report on Friday, with economists polled by the Wall Street Journal projecting the U.S. economy added 240,000 jobs in June, down from 339,000 in May. (Updates with NFT and equity sections.)', 'Bitcoin fell below the US$30,000 support line in Friday morning trading in Asia as traders took profits amid worries about interest rate hikes in U.S. markets that drove investors into so-called risk-off mode, which pulled equities lower. Ether fell along with most other top 10 non-stablecoin tokens. Solana dodged the bearish sentiment to jump more than 6%. Despite the declines, the cryptocurrency Fear & Greed Index stands in the Greed territory at 56, as institutional interest in Bitcoin looks solid.\nBitcoin fell 1.88% over the last 24 hours to US$29,919 at 07:20 a.m. in Hong Kong to post a loss of 1.68% for the past seven days, according todatafrom CoinMarketCap. The world’s leading cryptocurrency reached US$31,399 on Thursday night, the highest in 13 months.\n“With strong economic data in the US, good earning expectations and employment data in the private sector, investors are seeing increasing chances of further rate hikes; bond yields rose while equity indexes fell sharply,” said Justin d’Anethan, head of APAC business development at Belgium-based crypto market-makerKeyrock.\n“The broad sell-off in risk assets undoubtedly affected crypto traders’ sentiment and new highs were seen as a profit-taking opportunity, rather than a chance to go long and hope for even higher prices,” d’Anethan said.\nLarge financial institutions show increasing interest in Bitcoin, according to theBitcoin Monthly June 2023 Reportby asset manager Ark Invest on Thursday, which highlighted the balance of Bitcoin held on over-the-counter (OTC) desks, a proxy for institutional activity, hitting a one-year high in late June.\n“By the end of the quarter, the OTC Bitcoin balance had increased by 60% sequentially,” Ark Invest wrote in the report, which suggests “institutions and other large capital allocators are focused increasingly on Bitcoin.”\nEther fell 3.13% to US$1,851, leaving it flat for the week. The token reached a high of US$1,956 on Thursday evening, but soon lost ground as investors took profits.\nMost other top 10 non-stablecoin cryptocurrencies also logged losses in the past 24 hours, with the exception of Solana’s SOL and Tron’s TRX.\nSolana jumped 6.48% to US$20.12, moving up 12.52% for the week. The token breached the US$20 resistance level on Thursday evening for the first time since June 7 as sentiment received a boost from apartnershipbetween Coca-Cola Serbia and Solana’s non-fungible token (NFT) platform SolSea. The two will launch Coca-Cola brand NFTs at theExit Festivalin Serbia from July 6 to 9.\nThe total cryptocurrency market cap fell 1.45% to US$1.17 trillion in the last 24 hours, while crypto trading volume rose 37.62% to US$43.26 billion, according to CoinMarketCap data.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nThe mainForkast 500 NFT indexdipped 0.38% in the 24 hours to 11:15 a.m. in Hong Kong to 2,774.37, down 2.73% for the week. The two Forkast indexes measuring the performance of Solana and Cardano NFT markets logged increases.\nBored Ape Yach Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-07 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $587,238,531,625 - Hash Rate: 440586401.04601073 - Transaction Count: 556014.0 - Unique Addresses: 773326.0 Social & AI Sentiment: - Fear & Greed Index: 0.55 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin rose to trade above US$26,000, recovering some of the ground it lost in the week since the U.S. Securities and Exchange Commission (SEC) filed lawsuits against two of the worlds largest crypto exchanges. The U.S. regulator accuses Binance .US and Coinbase of breaking securities rules. All other top 10 non-stablecoin cryptocurrencies also gained, with Binances native token BNB leading the gains. See related article: Crypto industry reacts to SECs lawsuit against Binance Cryptos rise Bitcoin gained 1.00% to US$26,074 in the 24 hours to 4 p.m. in Hong Kong. The worlds largest cryptocurrency by market capitalization is up 1.32% on the week, according to CoinMarketCap data. Ether, the worlds second biggest cryptocurrency after Bitcoin, rose 0.64% to US$1,748 in the past 24 hours. However, it is down 3.60% over the last seven days. BNB, the native token of the worlds biggest cryptocurrency exchange Binance, climbed 5.10% to US$235, although it posted 15.11% weekly losses. The gains come after U.S. Republican Congressman Warren Davidson tweeted on Monday that he had filed a bill to restructure the SEC and remove its current chairman Gary Gensler. U.S. capital markets must be protected from a tyrannical Chairman, including the current one. Thats why I am introducing legislation to fix the ongoing abuse of power and ensure protection that is in the best interest of the market for years to come, Davidson said. SEC chairman Gary Gensler reemphasized the agencys determination to strictly regulate the crypto sector in a tweeted repost of his statement made last week. There's nothing about the crypto securities markets that suggests that investors & issuers are less deserving of the protections of our securities laws. Congress could have said in the 1930s that the securities laws applied only to stocks & bonds. For more, read my remarks: Gary Gensler (@GaryGensler) June 12, 2023 Solana, Polygon and Cardano three of the crypto tokens named by the SEC as securities all gained on Tuesday afternoon. However, all three have recorded losses of over 20% in the week since the SEC clampdown started. Story continues Solana gained 2.14% to US$15.42 in 24 hours, while Cardano rose 0.28% to US$0.2795. Polygon climbed 2.39% to US$0.6459. The recent lawsuits filed by the SEC against Binance and Coinbase indicate a significant shift in regulatory approach towards the digital asset industry, Mahin Gupta, founder of Liminal, a wallet infrastructure and custody solutions platform, said in an emailed statement. While these measures may ultimately contribute to legitimizing the Web3 industry in the long run, it is important to acknowledge that such strong actions could potentially stifle innovation, Gupta added. The increasing regulatory clampdown on cryptocurrency exchanges in the U.S. is creating opportunities in the field of digital finance in Asia. In the same week that the U.S. SEC announced it would sue Coinbase and Binance .US, stablecoin operator Circle announced that it had received a Major Payment Institution license from the Monetary Authority of Singapore (MAS), the city states central bank. Similarly, digital assets bank Sygnum said Tuesday that MAS had granted it an in-principle approval for its Major Payment Institution Licence. The bank now plans to expand its regulated operations in Singapore, including its crypto brokerage service. In the last 24 hours, the global crypto market capitalization rose 1.17% to US$1.06 trillion, and total market volume strengthened 5.57% to US$28.83 billion. Ethereum NFTs dip The indexes are proxy measures of the performance of the global NFT market. They are managed by CryptoSlam , a sister company of Forkast.News under the Forkast.Labs umbrella. In the non-fungible token (NFT) market, the Forkast 500 NFT index dropped 1.54% to 2,964.53 in the 24 hours to 5 p.m. in Hong Kong. The index recorded losses of 9.78% over the past seven days. The Forkast ETH NFT Composite dropped 0.99% to 1,049.57 in 24 hours, while dropping 5.42% for the week. Total NFT sales volume on the Ethereum blockchain dropped 18.19% to US$11.86 million over the past 24 hours, according to CryptoSlam data . Bored Ape Yacht Club, the largest Ethereum-based NFT collection by sales volume, dropped 6.03% to US$1.38 million in 24 hours. The market is struggling due to low ETH volume, lowering prices, etc. The SEC filings are really beginning to impact the market, said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News. Despite the negative outlook elsewhere, NFT sales volume on the Bitcoin network gained 82.66% to US$3.9 million. Sales of uncategorized Ordinals Bitcoin NFTs that are not part of an established collection climbed 1.15% to US$1.65 million. Asian, European equities rise; U.S. futures gain Stock market display board. Image: Envato Elements Asian equity markets gained on Tuesday after Chinas central bank cut its seven-day reverse repurchase rate by 10 basis points to 1.9% from 2%. The move comes as the worlds second biggest economy struggles to recover from three years of pandemic-induced disruptions. U.S. markets also showed gains amid hopes that the U.S. Federal Reserve will leave interest rates unchanged this week. The Shanghai Composite gained 0.15% and the Shenzhen Component Index rose 0.76%. Hong Kongs Hang Seng Index climbed 0.60% and Japans Nikkei 225 strengthened 1.80%. Global stock markets are likely to experience a wide boost this week not just the mega cap tech stocks as the U.S. Federal Reserve is expected to pause interest rate hikes, said Nigel Green, founder and chief executive of financial management firm deVere, in an emailed statement. The U.S. central bank is expected to keep interest rates unchanged at its meeting on June 13 and 14. Current interest rates in the U.S. are between 5% and 5.25%, the highest level since 2006, after 10 consecutive raises starting in March last year. The U.S. is also scheduled to release its latest consumer price index data later on Tuesday. Inflation in the worlds biggest economy likely slowed to 4.1% in May, from 4.9% in April and 5% in March, according to Trading Economics . U.S. stock futures mostly rose as of 7 p.m. in Hong Kong. The Dow Jones Industrial Average futures dropped 0.02% while S&P 500 futures rose 0.13%. Nasdaq 100 Futures also gained 0.30%. European bourses traded flat on Tuesday, as investors await policy decisions from both the European Central Bank (ECB) and the U.S. Fed. The ECB is scheduled to meet on Thursday and implement another 25 basis point interest rate hike to 3.5% in an attempt to curb inflationary pressures. The benchmark STOXX 600 rose 0.03% and Germanys DAX 40 gained 0.09% during afternoon trading hours in Europe. The eurozone reportedly slipped into recession in the first three months of 2023. High inflation, rising interest rates and treacherous periods of volatility have defined much of the past 12 months all of which have made for extremely difficult trading conditions, Daniela Hathorn, Senior Market Analyst at trading platform Capital.com, said in an emailed statement. The challenging market is hitting everyone at present, but one way to try and slow the tide is by diversifying your investments. Its better to spread the risk across different asset classes, companies and investments than to pursue profits from one single area that could quickly go south, Hathorn added.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["US Federal Reserve Chair Jerome Powell attends a press conference in Washington, DC, on March 22, 2023. Liu Jie/Xinhua via Getty Images US stocks fell in volatile trade on a cooler-than-expected jobs report from the Labor Department. But wage growth was hotter than predicted, at a 4.4% jump on an annual basis. This reignited concerns over the Federal Reserve's next steps, which might mean tighter policy. US stocks finished lower on Friday amid volatile trade and capped weekly losses as Wall Street digested the latest jobs report. The Labor Department reported 209,000 new jobs were created, below expectations, after ADP's payroll report Thursday showed blowout gains. However, the government's report Friday also found that wage growth saw a 4.4% jump on an annual basis, which could prompt the central bank to continue lifting interest rates to rein in inflation. Stocks seesawed between losses and gains over the course of the day before closing lower. For the week, the S&P 500 lost 1.16%, the Nasdaq declined 0.92%, and the Dow sank 1.96%. Here's where US indexes stood at the 4:00 closing bell on Friday: S&P 500 : 4,398.95, down 0.29% Dow Jones Industrial Average : 33,734.88, down 0.55% (187.38 points) Nasdaq Composite : 13,660.72, down 0.13% Here's what else is going on: The Russian ruble has nowhere to go as it continues to be brought down by capital flight and declining tax revenue, economist Konstantin Sonin said. Bank of America broke down three things that are about to go wrong in markets and the economy. Some cities can expect their commercial property values crater by up to 40% by 2025 , Capital Economics wrote. Rivian shares extended their rally as Wedbush's Dan Ives sees a turnaround in the company's EV production . In commodities, bonds, and crypto: Oil gained on Friday. West Texas Intermediate climbed 2.9% to $72.10 a barrel. Brent crude , the international benchmark, rose by 2.6% to $78.39 a barrel. Gold edged up 0.19% to $1,925.31 per ounce. The 10-year yield moved up 1.9 basis points to 4.06%. Bitcoin fell 0.15% to $30,206. Read the original article on Business Insider", "• US stocks fell in volatile trade on a cooler-than-expected jobs report from the Labor Department.\n• But wage growth was hotter than predicted, at a 4.4% jump on an annual basis.\n• This reignited concerns over the Federal Reserve's next steps, which might mean tighter policy.\nUS stocks finished lower on Friday amid volatile trade and capped weekly losses as Wall Street digested the latest jobs report.\nThe Labor Department reported 209,000 new jobs were created, below expectations, after ADP's payroll report Thursday showed blowout gains.\nHowever, the government's report Friday also found that wage growth saw a 4.4% jump on an annual basis, which could prompt the central bank to continue lifting interest rates to rein in inflation.\nStocks seesawed between losses and gains over the course of the day before closing lower. For the week, the S&P 500 lost 1.16%, the Nasdaq declined 0.92%, and the Dow sank 1.96%.\nHere's where US indexes stood at the 4:00 closing bell on Friday:\n• S&P 500: 4,398.95, down 0.29%\n• Dow Jones Industrial Average: 33,734.88, down 0.55% (187.38 points)\n• Nasdaq Composite: 13,660.72, down 0.13%\nHere's what else is going on:\n• The Russian ruble has nowhere to goas it continues to be brought down by capital flight and declining tax revenue, economist Konstantin Sonin said.\n• Bank of America broke downthree things that are about to go wrongin markets and the economy.\n• Some cities can expect theircommercial property values crater by up to 40% by 2025, Capital Economics wrote.\n• Rivian shares extended their rally asWedbush's Dan Ives sees a turnaround in the company's EV production.\nIn commodities, bonds, and crypto:\n• Oil gained on Friday.West Texas Intermediateclimbed 2.9% to $72.10 a barrel.Brent crude, the international benchmark, rose by 2.6% to $78.39 a barrel.\n• Goldedged up 0.19% to $1,925.31 per ounce.\n• The10-year yieldmoved up 1.9 basis points to 4.06%.\n• Bitcoinfell 0.15% to $30,206.\nRead the original article onBusiness Insider", "(Bloomberg) -- A Chinese industry body of automakers retracted a two-day-old pledge not to resort to “abnormal pricing practices,” earlier seen as an effort to end a bruising price war in the country’s electric-vehicle market.\nMost Read from Bloomberg\n• How Much Income You Need to Crack America's Richest 1%\n• Ex-Celsius CEO Alex Mashinsky Charged With Crypto Fraud\n• DeSantis Says No Thanks to $377 Million in US Energy Funds\n• Fund Titans Are Betting on Everything Gaining Against the Dollar\n• Epstein-Staley Emails Reveal Friendship Forged at JPMorgan\nThe China Association of Automobile Manufacturers is deleting one of the four commitments signed on Thursday by 16 companies at an event it organized, which promised to refrain from practices that disrupt fair market competition, it said in a statement posted on its website on Saturday.\nThe reference to “pricing” in the pledge was inappropriate and in breach of a principle enshrined in the nation’s anti-trust law, the association said. The retraction came after the clause drew “widespread attention,” according to the statement.\nThe association urged the 16 companies and other members to strictly follow the anti-trust law and other rules that encourage independent pricing and fair competition.\nRead more: Tesla and Chinese Rivals Signal Truce in Brutal EV Price War\nTesla Inc. was the only foreign brand among the automakers that took part in the signing ceremony in Shanghai, committing to a four-point pledge. The companies also included BYD Co., Nio Inc., Xpeng Inc., Geely and Chery Automobile Co.,.\nAustin, Texas-based Tesla started cutting prices in China late last year, prompting other major brands to join in with steep discounts in the earlier part of 2023 as sales slowed.\nThe lagged impact of Covid restrictions and expectations of further price cuts weakened car demand in the world’s second-largest economy. The government has started a campaign to promote EV adoption in rural areas, among other measures to lift the auto industry and wider consumption.\nRead more: Tesla Offers More Incentives for Model 3 and Y Buyers in China\n--With assistance from Chunying Zhang and Bei Hu.\nMost Read from Bloomberg Businessweek\n• South Korea’s Archaic Rental System Is Costing People Their Life Savings\n• A Japanese Company Bans Late-Night Work. A Baby Boom Soon Follows\n• New Bitcoin ETFs Now? Amid the Crypto Crackdown?\n• Americans Prepare for Tighter Budgets as Student Loan Payments Resume\n• iQuit: My Hellish Attempt to Leave Apple’s Walled Garden\n©2023 Bloomberg L.P.", "(Bloomberg) -- A Chinese industry body of automakers retracted a two-day-old pledge not to resort to \x93abnormal pricing practices,\x94 earlier seen as an effort to end a bruising price war in the country\x92s electric-vehicle market. Most Read from Bloomberg How Much Income You Need to Crack America's Richest 1% Ex-Celsius CEO Alex Mashinsky Charged With Crypto Fraud DeSantis Says No Thanks to $377 Million in US Energy Funds Fund Titans Are Betting on Everything Gaining Against the Dollar Epstein-Staley Emails Reveal Friendship Forged at JPMorgan The China Association of Automobile Manufacturers is deleting one of the four commitments signed on Thursday by 16 companies at an event it organized, which promised to refrain from practices that disrupt fair market competition, it said in a statement posted on its website on Saturday. The reference to \x93pricing\x94 in the pledge was inappropriate and in breach of a principle enshrined in the nation\x92s anti-trust law, the association said. The retraction came after the clause drew \x93widespread attention,\x94 according to the statement. The association urged the 16 companies and other members to strictly follow the anti-trust law and other rules that encourage independent pricing and fair competition. Read more: Tesla and Chinese Rivals Signal Truce in Brutal EV Price War Tesla Inc. was the only foreign brand among the automakers that took part in the signing ceremony in Shanghai, committing to a four-point pledge. The companies also included BYD Co., Nio Inc., Xpeng Inc., Geely and Chery Automobile Co.,. Austin, Texas-based Tesla started cutting prices in China late last year, prompting other major brands to join in with steep discounts in the earlier part of 2023 as sales slowed. The lagged impact of Covid restrictions and expectations of further price cuts weakened car demand in the world\x92s second-largest economy. The government has started a campaign to promote EV adoption in rural areas, among other measures to lift the auto industry and wider consumption. Story continues Read more: Tesla Offers More Incentives for Model 3 and Y Buyers in China --With assistance from Chunying Zhang and Bei Hu. Most Read from Bloomberg Businessweek South Korea\x92s Archaic Rental System Is Costing People Their Life Savings A Japanese Company Bans Late-Night Work. A Baby Boom Soon Follows New Bitcoin ETFs Now? Amid the Crypto Crackdown? Americans Prepare for Tighter Budgets as Student Loan Payments Resume iQuit: My Hellish Attempt to Leave Apple\x92s Walled Garden ©2023 Bloomberg L.P.", 'Welcome to This Week in the Metaverse, where Fortune rounds up the most interesting news in the world of NFTs, culture, and the metaverse. Email [email protected] with tips. When people think NFTs, they often think of Bored Ape Yacht Club. Since it launched in 2021, the profile picture project\'s fate has been inextricably linked with non-fungible tokens and vice versa—for better or worse. And with the NFT market spiraling, the Bored Ape Yacht Club has been dragged into a whirlpool. Although still leading all collections in trading volume, in June, BAYC\'s price floor hit its lowest point in 20 months, according to a report by DappRadar . The lowest purchase price for one of the unamused simian cartoo Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-08 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $588,757,364,550 - Hash Rate: 448139310.7782279 - Transaction Count: 573697.0 - Unique Addresses: 695972.0 Social & AI Sentiment: - Fear & Greed Index: 0.58 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: A joint hearing on Capitol Hill sought to measure the regulatory gaps in crypto on Wednesday. The criteria for determining whether a token should be considered a security or a commodity highlighted how wide those gaps have been. The topic has been a sticking point for years, and a puzzle piece for determining to what degree the Commodity Futures Trading Commission (CFTC) or the Securities and Exchange Commission (SEC) have authority over the digital assets industry. During the hearing, Republican and Democratic lawmakers disagreed about whether new regulation was needed to address the classification of digital assets. Rep. Dusty Johnson (R-SD) said a lack of clarity within the existing law has been holding back innovation in the marketplace for too long. “I know this town loves kicking the can down the path,” he said. “But there are times where it's just clear, even to Congress, that action is appropriate and needed.” Johnson honed in specifically on the Howey Test, the SEC’s four-pronged assessment for determining whether an asset, such as a cryptocurrency, should be considered a security. A core element of the Howey Test looks for a reasonable expectation that profits are derived from the efforts of others—that a group of individuals, such as a token’s developers, has a sizable impact on an asset's overall price. Johnson claimed that Congress could help regulators by clearing up how decentralization plays a role, providing the CFTC and SEC with “particular triggers” that delineate when an asset can shift from being a security to a commodity, something the SEC’s former Director of Corporate Finance William Hinman hassaid is possible. During the hearing, Matthew Kulkin, a partner at the law firm WilmerHale, said that it’s challenging to identify a particular inflection point for when that may happen. “It's sort of easy to draw out the two ends of the spectrum, in terms of a token being offered to raise capital versus something that's highly commoditized,” he said. But finding a dividing line between the two is challenging, Kulkin added. For Ethereum—crypto’s second-largest token by market capitalization—leaders of the SEC and CFTC have expresseddueling opinionsabout whether the token should be considered a commodity or security. While SEC Chair Gary Gensler hasn’t directly labeled Ethereum a security—herefusedto answer questions directly posed by Rep. Patrick McHenry (R-NC) last month—he said earlier this year that “everything other than Bitcoin” falls under securities laws. But the classification of tokens isn’t all that important when it comes to regulating crypto, suggested the Subcommittee on Digital Assets’ ranking member Rep. Stephen Lynch (D-MA). “I do understand jurisdictional questions have been raised at times over whether crypto tokens are securities or commodities and whether the primary regulator of those tokens could be the SEC or CFTC,” he said. “I worry we might be asking the wrong questions, however, and we risk feeding into industry-fueled narratives about a turf war between these two agencies.” Lynch argued that concerns raised by digital asset advocates about regulatory ambiguity are actually “masked non-compliance with existing laws,” adding a new regulatory structure would undermine existing regulation. “I encourage my colleagues to not get lost in a debate over whether individual tokens are securities or commodities,” Lynch said. “Instead, we should take a step back and examine the intermediaries that facilitate these tokens.”... - Reddit Posts (Sample): [['u/Yogi_DMT', 'Why is BTC on Binance US a whole 2k+ lower than coinbase/robinhood?', 15, '2023-07-08 00:33', 'https://www.reddit.com/r/CryptoMarkets/comments/14tlpd0/why_is_btc_on_binance_us_a_whole_2k_lower_than/', ' Right now BTC/USD is trading at about 27500 on Binance US whereas bitcoin on all other platforms seems to be around 30k. Why the difference? ', 'https://www.reddit.com/r/CryptoMarkets/comments/14tlpd0/why_is_btc_on_binance_us_a_whole_2k_lower_than/', '14tlpd0', [['u/Nine_9er', 12, '2023-07-08 01:54', 'https://www.reddit.com/r/CryptoMarkets/comments/14tlpd0/why_is_btc_on_binance_us_a_whole_2k_lower_than/jr3b9ol/', 'There’s no one with USD to buy the Bitcoin. They stopped all on-ramps.', '14tlpd0']]], ['u/peasantpeon', 'Reminder, again!', 39, '2023-07-08 01:53', 'https://www.reddit.com/r/Bitcoin/comments/14tnoe6/reminder_again/', 'Everybody get your BTC of exchanges, especially Binance.\n\nDon\\`t tell me I didnt warn you. ', 'https://www.reddit.com/r/Bitcoin/comments/14tnoe6/reminder_again/', '14tnoe6', [['u/ILikePracticalGifts', 34, '2023-07-08 02:29', 'https://www.reddit.com/r/Bitcoin/comments/14tnoe6/reminder_again/jr3fp81/', '> Don`t tell me I didnt warn you.\n\nDidn’t even know you existed', '14tnoe6'], ['u/Youretoo', 10, '2023-07-08 07:02', 'https://www.reddit.com/r/Bitcoin/comments/14tnoe6/reminder_again/jr4a54p/', '/r/iamthemaincharacter', '14tnoe6']]], ['u/AdDue7063', 'Scams so far in last two weeks', 34, '2023-07-08 02:34', 'https://www.reddit.com/r/sugarlifestyleforum/comments/14ton3j/scams_so_far_in_last_two_weeks/', 'So as i mentioned, my sb had to move to europe somehow and left me alone. So i had to find another one, so i jumped into the bowl head first and so far these are the scammers i ran into:\n\n(1) rinser- sent me her bank account with negative balance, wanted to meet right away.. and asked for ppm for m&g, after i refused made a large scene..\n\n(2) pig slaughtering— a russian babe keeps talking about her uncle’s investment on bitcoin- after i told her i have some deriv investment can double within a week and if she would like to invest, she disappeared.\n\n(3) blackmail— someone got my phone number and reverse engineered my linkedin page and asked for money.\n\n(4) professionals, professionals, professionals….\n\n(5) picture sellers.. and stood me up on a meet and greet.\n\nGuys.. keep sharp.. this is adult swimming only.. i thought i was pretty sharp.. (3) still got me.. impeccable bio, very relatable pictures, very good reason why she needs my real number(ok i was thinking using my other brain again). But fundamentally the rule is still.. no payment until meeting people in real life.. and no compromising material..(3) actually asked for it when volunteered some naked pictures.. thank god.. thank god.. thank god…', 'https://www.reddit.com/r/sugarlifestyleforum/comments/14ton3j/scams_so_far_in_last_two_weeks/', '14ton3j', [['u/asdfqwertys909', 10, '2023-07-08 02:42', 'https://www.reddit.com/r/sugarlifestyleforum/comments/14ton3j/scams_so_far_in_last_two_weeks/jr3hdod/', "thank goodness its not just me. I just started seriously looking a month or two ago after a 3 year SR. it seems like the SB's in my area want allowances and everything prior to meeting for a cup of coffee, etc. apparently a lot of relatives are dying and emergency errands (?) are being run lol. quite the interesting turn of events since i last tried to find a SB.", '14ton3j'], ['u/HotGenie234', 22, '2023-07-08 03:22', 'https://www.reddit.com/r/sugarlifestyleforum/comments/14ton3j/scams_so_far_in_last_two_weeks/jr3mabz/', 'Whew. I guess my newbie post attracted some vermin. I got a DM which already set off red flags. But I’m bored so I decided to play. He very quickly asked that I be his SB and he needs only emotional support not sex lmao. Then he said he was an agricultural engineer with dispensaries. \n\nCouldn’t say what city he lived in even though I asked twice. Very quickly offered me an allowance rate without prompting. When I balked and asked that we get to know each other he asked if I have an iphone. (This is obvs for reverse engineering purposes).\n\n\nUpon confirmation he asked that I email him with my iPhone. At this point I thanked him for his time, to which he responded “KYS”. To those that don’t understand this sweet acronym, it means “kll yourself”😂🥰. \nJust putting this out there for other newbies. Happy to post screenshots if that’s allowed.', '14ton3j'], ['u/Plenty_Ad_5403', 15, '2023-07-08 14:41', 'https://www.reddit.com/r/sugarlifestyleforum/comments/14ton3j/scams_so_far_in_last_two_weeks/jr5a92v/', 'Additional scam...\n(1) girl sends unsolicited nudes\n(2) then mentions she will turn 18 next month\n(3) her relative contacts SD stating to contact them for soliciting underage pics of their niece, daughter etc\n(4) if no contact they will go to the cops\n(5) "police Detective " contacts SD asking for a call back \n\nOf course all fake preying on the weak minded .... use 3rd party app for contacting to remain anonymous never use real phone numbers, email addresses etc', '14ton3j']]], ['u/Rive2099', 'Is BTC ATM the only true anonymous way to purchase BTC?', 12, '2023-07-08 03:55', 'https://www.reddit.com/r/BitcoinBeginners/comments/14tqe5d/is_btc_atm_the_only_true_anonymous_way_to/', "Explain this to me.\n\nWhat first comes to mind is this:\n\n1. I buy from an exchange.(That probably has your information.)\n2. Put BTC from exchange to hot wallet.\n3. Put BTC from hot wallet to Hard Wallet.\n4. You are now associated with your wallet.\n\nThis seems normal, but doing this there are many ways to track the purchase back to my exact wallet, and then it is compromised and no matter what someone could look at my address and find out how much BTC I have. \n\nBuying from a BTC atm makes sense:\n\n1. Buy with cash from atm.\n2. BTC directly to wallet address.\n3. Nobody knows it is your wallet, just that this address received money.\n4. You are not associated with your wallet.\n\nI've seen things about p2p websites, but this doesn't make sense either:\n\n1. Connect some form of banking/credit line to a p2p website:\n2. Money goes into p2p website and BTC is sent to your address.\n3. Nobody knows your wallet, but they do know that money from your identity was used to purchase x amount of BTC.\n\nSo does this mean the only way to really purchase BTC without anyone ever knowing you purchased BTC is by buying from an BTC ATM?\n\nSorry if this was confusing. Thanks for help in advance.", 'https://www.reddit.com/r/BitcoinBeginners/comments/14tqe5d/is_btc_atm_the_only_true_anonymous_way_to/', '14tqe5d', [['u/bitusher', 12, '2023-07-08 04:21', 'https://www.reddit.com/r/BitcoinBeginners/comments/14tqe5d/is_btc_atm_the_only_true_anonymous_way_to/jr3t2pp/', 'There are many ways to acquire BTC privately \n\n1) BTC atm without verification - coinatmradar.com \n\n2) receive btc for selling goods and services \n\n3) buy btc p2p in person \n\n4) mine btc \n\n5) Use a DEX like robosats or bisq or \n\nhttps://github.com/cointastical/P2P-Trading-Exchanges\n\n6) Buy BTC with ID than regain privacy after the fact', '14tqe5d']]], ['u/Appropriate-Boot-172', "cheapest way to convert ETH to BTC that's on ledger?", 16, '2023-07-08 05:01', 'https://www.reddit.com/r/ledgerwallet/comments/14trtwv/cheapest_way_to_convert_eth_to_btc_thats_on_ledger/', "Whats the cheapest way to convert ETH to BTC that's on ledger? I see that you can convert directly on the ledger but is this the best way to do taht?", 'https://www.reddit.com/r/ledgerwallet/comments/14trtwv/cheapest_way_to_convert_eth_to_btc_thats_on_ledger/', '14trtwv', [['u/loupiote2', 10, '2023-07-08 05:14', 'https://www.reddit.com/r/ledgerwallet/comments/14trtwv/cheapest_way_to_convert_eth_to_btc_thats_on_ledger/jr3z7oh/', 'Use a reputable centralized exchange like Coinbase, Binance, Kraken, Kucoin etc.', '14trtwv'], ['u/Downtown-Ad-3724', 15, '2023-07-08 06:45', 'https://www.reddit.com/r/ledgerwallet/comments/14trtwv/cheapest_way_to_convert_eth_to_btc_thats_on_ledger/jr48jrh/', 'I think OP\'s question in other words is "is it cheaper to move ETH to an exchange (which is expensive), convert it to BTC then move that BTC back to the Ledger" or just use the (also expensive) conversion feature in Ledger Live?\n\nI\'ve wondered this myself. The former is more complicated and error prone but how much expense is saved, really?', '14trtwv']]], ['u/AutoModerator', '[Daily Discussion] - Saturday, July 08, 2023', 26, '2023-07-08 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/14tt1z6/daily_discussion_saturday_july_08_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\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/14tt1z6/daily_discussion_saturday_july_08_2023/', '14tt1z6', [['u/ImpudicusFungus', 13, '2023-07-08 11:59', 'https://www.reddit.com/r/BitcoinMarkets/comments/14tt1z6/daily_discussion_saturday_july_08_2023/jr4wmhc/', 'When the time comes the move will be epic. Enjoy your weekend in the meantime.', '14tt1z6'], ['u/jarederaj', 19, '2023-07-08 14:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/14tt1z6/daily_discussion_saturday_july_08_2023/jr59qy... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["(Bloomberg) -- Billionaire Mukesh Ambani’s soon to be spun out financial services unit recommended his daughter Isha Ambani as a non-executive director of the board, underscoring the latest succession planning within his retail-to-refining empire.\nMost Read from Bloomberg\n• Singapore Arrests Minister, Property Tycoon in Graft Probe\n• How Much Income You Need to Crack America's Richest 1%\n• DeSantis Says No Thanks to $377 Million in US Energy Funds\n• Ex-Celsius CEO Alex Mashinsky Charged With Crypto Fraud\n• Microsoft, Activision Eye UK Rights Sale to Get Merger Done\nReliance Strategic Investments Ltd., which will be known as Jio Financial, approved the appointment of Rajiv Mehrishi, who previously served as the Comptroller and Auditor General of India, Sunil Mehta and Bimal Manu Tanna as independent directors, according to a filing on Saturday.\nIsha is part of the leadership team at Reliance Retail Ventures Ltd., where she is driving expansion into new business lines, geographies and formats, the company said in the filing. Isha played a pivotal role in the 2016 launch of the mobile data network Jio, the filing said.\nRead More: Ambani to List Financial Services, Rejig Engineering Business\nAmbani, who was locked in a bitter succession feud with his younger brother Anil Ambani about two decades ago, is seeking to avoid a similar power struggle among his three children. Last year, his eldest son Akash Ambani took over as chairman of wireless operator Reliance Jio Infocomm Ltd. Younger son Anant Ambani has taken on the group’s renewable energy flank.\nMost Read from Bloomberg Businessweek\n• South Korea’s Archaic Rental System Is Costing People Their Life Savings\n• What If the Next Big Social Media App Is ... Nothing?\n• A Japanese Company Bans Late-Night Work. A Baby Boom Soon Follows\n• New Bitcoin ETFs Now? Amid the Crypto Crackdown?\n• iQuit: My Hellish Attempt to Leave Apple’s Walled Garden\n©2023 Bloomberg L.P.", "(Bloomberg) -- Billionaire Mukesh Ambani\x92s soon to be spun out financial services unit recommended his daughter Isha Ambani as a non-executive director of the board, underscoring the latest succession planning within his retail-to-refining empire. Most Read from Bloomberg Singapore Arrests Minister, Property Tycoon in Graft Probe How Much Income You Need to Crack America's Richest 1% DeSantis Says No Thanks to $377 Million in US Energy Funds Ex-Celsius CEO Alex Mashinsky Charged With Crypto Fraud Microsoft, Activision Eye UK Rights Sale to Get Merger Done Reliance Strategic Investments Ltd., which will be known as Jio Financial, approved the appointment of Rajiv Mehrishi, who previously served as the Comptroller and Auditor General of India, Sunil Mehta and Bimal Manu Tanna as independent directors, according to a filing on Saturday. Isha is part of the leadership team at Reliance Retail Ventures Ltd., where she is driving expansion into new business lines, geographies and formats, the company said in the filing. Isha played a pivotal role in the 2016 launch of the mobile data network Jio, the filing said. Read More: Ambani to List Financial Services, Rejig Engineering Business Ambani, who was locked in a bitter succession feud with his younger brother Anil Ambani about two decades ago, is seeking to avoid a similar power struggle among his three children. Last year, his eldest son Akash Ambani took over as chairman of wireless operator Reliance Jio Infocomm Ltd. Younger son Anant Ambani has taken on the group\x92s renewable energy flank. Most Read from Bloomberg Businessweek South Korea\x92s Archaic Rental System Is Costing People Their Life Savings What If the Next Big Social Media App Is ... Nothing? A Japanese Company Bans Late-Night Work. A Baby Boom Soon Follows New Bitcoin ETFs Now? Amid the Crypto Crackdown? iQuit: My Hellish Attempt to Leave Apple\x92s Walled Garden ©2023 Bloomberg L.P.", "When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like inBitcoin Well Inc.'s(CVE:BTCW) instance, it's good news for shareholders.\nWhile insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.\nView our latest analysis for Bitcoin Well\nIn the last twelve months, the biggest single purchase by an insider was when Director Terry Rhode bought CA$71k worth of shares at a price of CA$0.064 per share. That means that even when the share price was higher than CA$0.055 (the recent price), an insider wanted to purchase shares. It's very possible they regret the purchase, but it's more likely they are bullish about the company. To us, it's very important to consider the price insiders pay for shares. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price.\nIn the last twelve months Bitcoin Well insiders were buying shares, but not selling. Their average price was about CA$0.051. These transactions show that insiders have confidence to invest their own money in the stock, albeit at slightly below the recent price. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!\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.\nThere was some insider buying at Bitcoin Well over the last quarter. Director Terry Rhode purchased CA$37k worth of shares in that period. It's good to see the insider buying, as well as the lack of recent sellers. But the amount invested in the last three months isn't enough for us too put much weight on it, as a single factor.\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. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Bitcoin Well insiders own about CA$4.8m worth of shares (which is 50% 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.\nInsider purchases may have been minimal, in the last three months, but there was no selling at all. That said, the purchases were not large. However, our analysis of transactions over the last year is heartening. Judging from their transactions, and high insider ownership, Bitcoin Well insiders feel good about the company's future. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. Our analysis shows5 warning signs for Bitcoin Well(4 make us uncomfortable!) and we strongly recommend you look at them before investing.\nIf you would prefer to check out another company -- one with potentially superior financials -- then do not miss thisfreelist of interesting companies, that have HIGH return on equity and low debt.\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", "When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like inBitcoin Well Inc.'s(CVE:BTCW) instance, it's good news for shareholders.\nWhile insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.\nView our latest analysis for Bitcoin Well\nIn the last twelve months, the biggest single purchase by an insider was when Director Terry Rhode bought CA$71k worth of shares at a price of CA$0.064 per share. That means that even when the share price was higher than CA$0.055 (the recent price), an insider wanted to purchase shares. It's very possible they regret the purchase, but it's more likely they are bullish about the company. To us, it's very important to consider the price insiders pay for shares. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price.\nIn the last twelve months Bitcoin Well insiders were buying shares, but not selling. Their average price was about CA$0.051. These transactions show that insiders have confidence to invest their own money in the stock, albeit at slightly below the recent price. You can see the insider transactions (by companies and individuals) over the last year depicted in the ch Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-09 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $589,270,164,000 - Hash Rate: 425480581.581576 - Transaction Count: 594265.0 - Unique Addresses: 732590.0 Social & AI Sentiment: - Fear & Greed Index: 0.55 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Fidelity Refiles For Spot Bitcoin ETF, Says ETF Would Have Protected Investors Fidelity Refiles For Spot Bitcoin ETF Fidelity, the investment management company with $4.5 trillion in assets under management, has submitted paperwork for the Wise Origin Bitcoin Trust, a spot Bitcoin ETF, two weeks after the iShares division of BlackRock filed for the iShares Bitcoin Trust. The US Securities and Exchange Commission (SEC) had earlier denied Fidelity's application for the Wise Origin Bitcoin Trust in 2021. Invesco and WisdomTree have submitted their applications since BlackRock's spot ETF filing on June 15, while Ark Invest has modified its prior filing and is in front of the pack. Fidelity's paperwork also includes a "surveillance sharing agreement" with a yet-to-be-named U.S. spot-based Bitcoin exchange, designed to ease SEC concerns about market manipulation. Fidelity cited losses incurred by cryptocurrency investors recently as a result of custodian and controlled exchange bankruptcies and claimed that a spot Bitcoin ETF would have protected "countless investors." The SEC has yet to make a decision regarding any of the new applications, and the SEC’s decision on BlackRock’s ETF filing could take until early next year. According to CoinMarketCap data, BTC remains around the $30.5K level after the news.... - Reddit Posts (Sample): [['u/Into-the-Beyond', 'A little epiphany after being in this space for years', 219, '2023-07-09 01:20', 'https://www.reddit.com/r/Bitcoin/comments/14uilwo/a_little_epiphany_after_being_in_this_space_for/', 'The longer you’re here, the more you end up reframing your world views upon reflection. It sounds like a cult, but it’s really just a lens of perspective gained through education that can’t be unseen. While rewatching Deadwood, I was just thinking about how gold, a useful mineral in electronics today, back then was just a shiny rock with value because of perception and scarcity. Its supply was limited by how much people could find. And people found a lot! Supplies were very expensive with people trading lumps or gold for whatever they needed to continue prospecting. “How much you gettin’ there?” Carlton Lassiter from Psych asked his claim neighbor.\n\nGold was actually cheap by today’s standards, but scarcity has reigned supreme over time. The value of gold was the amount it took to convince a prospector to prospect. “Enough for whiskey, p****, and food from the Gem Saloon.”\n\nSuddenly, white people flooded native land and used made-up laws that the natives were excluded from in order to steal the land out from under them. Then they tore up the ground, laboring in dangerous conditions to literally sift through the dirt, all because the people who were rich enough to horde the shiny rocks paid handsomely. Manifest destiny was spread across the land by the perception of the value of gold. Its true value was its ability to force change simply by people wanting to acquire more of it. The rich didn’t care if commoners toiled and died as long as they changed the demographics of the land and paid a solid cut of the profits of the economy back to the top for basic incentives. The rich sold shovels and plots. And where is all that gold today? The rich slowly absorbed everything of value to them by any means necessary.\n\nToday, with unprecedented wealth disparity across the world, there’s a new gold rush happening, but this time it’s for Bitcoin—a once in humanity all-stars-miraculously-aligned type of invention. But unlike gold, no one’s literally living on top of the Bitcoin when it’s mined. Its mathematically scarce. It’s side-effect is stabilizing energy grids. Instead of “lawful” theft of resources, it’s a bloodless revolution. The only losers are to the unaware who don’t hold any and toil under the current system, plus the governments who lose liquidity in their rigged economies. The liquidity in their systems is what allows them to wage wars. First comes propaganda, delivered to us from birth, then comes printing more fiat to pay soldiers for doing the dirty work. (Also the banks lose, because they’re unneeded in a full Bitcoin economy and are full of bloat.)\n\nStories—propaganda—are powerful but “value” is also real. The true value is the ability to change society. The value of any given asset depends on the path the rich have to take to control said asset. With Bitcoin, control is inevitable—it’s what the rich do—but they have to pay for it just like the rest of us. The properties of Bitcoin allows true savings which is much more advantageous to plebes than anything we’ve ever seen under a fiat system. Bitcoin allows for saving of buying power to a fixed percentage of the total supply. Bitcoin’s immutable nature is part of its value. Top holders still have to play within the rules—no one can change the supply because it is set by the decentralized power of the people. It’s the best thing to happen to wealth redistribution possibly in all of history. What a time to be alive! This has all been simplified to a degree, but I hope you all understand my points. I’m a fantasy author with an economics degree. If that makes a difference in how you see me, perhaps you are influenced by stories and should read the Bitcoin Whitepaper and/or The Bitcoin Standard and think about what “value” is.\n\nTLDR;\nGold is shiny rocks that have historically convinced people into doing terrible things for the benefit of the rich. Control is wielded through scarcity—propaganda and perception effect actions. The true value of any asset is the change to society it can influence. Fiat is synonymous in this way, but even easier for governments to control and inflate because they literally print it constantly. Bitcoin is freedom because it is the hardest to control and everyone has to play by the same rules. Its properties benefit savers.', 'https://www.reddit.com/r/Bitcoin/comments/14uilwo/a_little_epiphany_after_being_in_this_space_for/', '14uilwo', [['u/kuzkokronk', 73, '2023-07-09 01:48', 'https://www.reddit.com/r/Bitcoin/comments/14uilwo/a_little_epiphany_after_being_in_this_space_for/jr7rbu6/', 'This guy bitcoins.', '14uilwo'], ['u/Otherwise-Degree-368', 24, '2023-07-09 01:58', 'https://www.reddit.com/r/Bitcoin/comments/14uilwo/a_little_epiphany_after_being_in_this_space_for/jr7si2i/', 'Well said... and true.', '14uilwo'], ['u/leandropoppz', 10, '2023-07-09 01:58', 'https://www.reddit.com/r/Bitcoin/comments/14uilwo/a_little_epiphany_after_being_in_this_space_for/jr7sl8m/', 'Thanks for sharing with us ! Really good!', '14uilwo'], ['u/Into-the-Beyond', 10, '2023-07-09 02:31', 'https://www.reddit.com/r/Bitcoin/comments/14uilwo/a_little_epiphany_after_being_in_this_space_for/jr7wiiw/', 'While I agree to a degree, I don’t think we are anywhere near Bitcoin under performing against fiat-valued index funds. Maybe in a hundred years when miners are only collecting fees. Maybe I’m wrong and it only takes 50 years, but I doubt it will be an imminent concern. The market cap of Bitcoin is too low for its value, that much I do bet my money on and sleep very well. I also hold stocks, but I’ve been considering each company I hold a LOT more carefully since learning about Bitcoin at the start of the last bull.', '14uilwo'], ['u/Crypto-4-Freedom', 19, '2023-07-09 02:42', 'https://www.reddit.com/r/Bitcoin/comments/14uilwo/a_little_epiphany_after_being_in_this_space_for/jr7xvh3/', 'That was a nice read.', '14uilwo'], ['u/Paragon_Voice', 18, '2023-07-09 03:11', 'https://www.reddit.com/r/Bitcoin/comments/14uilwo/a_little_epiphany_after_being_in_this_space_for/jr81751/', 'As Michael Saylor pointed out at BTC Prague, even the most successful Wall Street indexes are barely beating overall inflation. Literally everything is losing to the actual inflation rate.\n\nBitcoin is the only thing that wins out over every single index or asset out there.\n\nSo yes, BTC is the most advantageous saving mechanism the "plebes", and everyone else has seen across all monetary/fiscal systems.', '14uilwo'], ['u/Into-the-Beyond', 12, '2023-07-09 03:28', 'https://www.reddit.com/r/Bitcoin/comments/14uilwo/a_little_epiphany_after_being_in_this_space_for/jr836e3/', 'I mean, both have value, but only one is going to “win” on any given time frame.', '14uilwo'], ['u/flavius_lacivious', 11, '2023-07-09 05:35', 'https://www.reddit.com/r/Bitcoin/comments/14uilwo/a_little_epiphany_after_being_in_this_space_for/jr8hq4x/', '>I’m a fantasy author with an economics degree. If that makes a difference in how you see me, perhaps you are influenced by stories and should read the Bitcoin Whitepaper and/or The Bitcoin Standard and think about what “value” is.\n\nCame here to suggest you write, but saw this. Really good writing and I don’t say that here very often.', '14uilwo'], ['u/DailyBoss', 13, '2023-07-09 05:46', 'https://www.reddit.com/r/Bitcoin/comments/14uilwo/a_little_epiphany_after_being_in_this_space_for/jr8iwqj/', 'Word to Satoshi', '14uilwo']]], ['u/the_brave_mosquito', 'If Bitcoin is the future of money, we are fucked (the kids might not be), right?', 34, '2023-07-09 03:28', 'https://www.reddit.com/r/Bitcoin/comments/14uldjz/if_bitcoin_is_the_future_of_money_we_are_fucked/', 'I mean, if the modern banking system fails... that spawns a worldwide shit storm of so much hurt for so many people. \n\n\n\nI see BTC uses cases highlighted often. And to be clear, I think BTC is a good investment...there is no government, company, or bank in charge of it. That\'s powerful. But if BTC is to become the "perfect money" of the future, history has shown us what kind of path awaits us towards that future.\n\n\n\nI acknowledge I can be pessimistic about our future as a human race, so please share if you have thoughts on what a happier path towards mainstream BTC adoption looks like. I only see that path in fire.\n\n\n\n', 'https://www.reddit.com/r/Bitcoin/comments/14uldjz/if_bitcoin_is_the_future_of_money_we_are_fucked/', '14uldjz', [['u/UnitedPerceptiont', 58, '2023-07-09 03:31', 'https://www.reddit.com/r/Bitcoin/comments/14uldjz/if_bitcoin_is_the_future_of_money_we_are_fucked/jr83icc/', 'Bitcoin creates a soft landing opportunity. Which is why the elites hate it. Without Bitcoin, they would have already rolled in the dystopia.', '14uldjz'], ['u/Umpire_State_Bldg', 15, '2023-07-09 03:44', 'https://www.reddit.com/r/Bitcoin/comments/14uldjz/if_bitcoin_is_the_future_of_money_we_are_fucked/jr8554e/', 'The banking system was doomed before Bitcoin was ever invented.\n\nSo, do you want to live in a world where the banking system fails and there is no Bitcoin, or where the banking system fails but Bitcoin exists?', '14uldjz'], ['u/TheDialectic_', 54, '2023-07-09 04:06', 'https://www.reddit.com/r/Bitcoin/comments/14uldjz/if_bitcoin_is_the_future_of_money_we_are_fucked/jr87nqs/', 'BTC is a soft landing for an inevitability', '14uldjz'], ['u/road22', 20, '2023-07-09 04:20', 'https://www.reddit.com/r/Bitcoin/comments/14uldjz/if_bitcoin_is_the_future_of_money_we_are_fucked/jr897wt/', 'A banking system can never fail in a fiat money system, or it would have failed in 2008/2009.\n\nIt is the fiat currency that will fail when it becomes worthless.\n\nWhen the Venezuelan Bolivar failed a few years ago, there were still transactions for car and real estate, but only in US Dollar ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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:A bitcoin ETF might be a divisive idea for some in the industry, but it\'s all the market has on its mind.\nInsights:The dYdX Foundation\'s Charles d\'Haussy talks about the future of the platform post-Ethereum, and what he sees as developing regulatory trends.\nCoinDesk Market Index (CMI)\n1,231\n−3.3▼0.3%\nBitcoin (BTC)\n$30,171\n−124.0▼0.4%\nEthereum (ETH)\n$1,863\n−2.5▼0.1%\nS&P 500\n4,398.95\n−12.6▼0.3%\nGold\n$1,931\n+4.4▲0.2%\nNikkei 225\n32,388.42\n−384.6▼1.2%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,231", "\\u22123.3\\u25bc0.3%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$30,171", "\\u2212124.0\\u25bc0.4%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,863", "\\u22122.5\\u25bc0.1%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,398.95", "\\u221212.6\\u25bc0.3%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,931", "+4.4\\u25b20.2%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["32,388.42", "\\u2212384.6\\u25bc1.2%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nBitcoin Opens Week Defending $30K Support Level\nA bitcoin ETF is the only thing on the market’s mind.\nBlackRock CEO Larry Fink’s embrace of bitcoin – an about-face for the finance executive –is dividing analystsand the industry at large.\n“So-called mainstream adoption will bring waves of new entrants to bitcoin, and the risk is that they won’t care, and won’t protect the decentralization properties that make it valuable over centralized alternatives in the first place,” Alex Thorn, head of research at Galaxy, wrote last week in his report.\nBut the market, at large, doesn’t seem to mind, not caring about the nuances of decentralization.\nThe world’s largest digital asset continues to defend the $30,000 mark, opening Asia’s trading week at $30,171. Ether is also holding above $1,800, trading at $1,863.\n“In a largely uneventful week, we saw bitcoin trending downward to test support levels near $30K,” BitBull Capital’s Joe DiPasquale said in a note to CoinDesk. “However, the market leader managed to defend the key level despite news of the SEC calling ETF filings inadequate.”\nBlackRock has refiled its application, and DiPasquale says the market awaits more clarity around this development.\n“We still maintain that continued trading above $30K will see more attempts to go higher. Meanwhile, $27K remains a strong support for now,” he said.\nLooking ahead to later this week, the market will have its eye on inflation numbers and jobless claims, two figures that the Fed will consider when making its next moves on rates. Expect crypto to trade accordingly.\n[{"Asset": "Cosmos", "Ticker": "ATOM", "Returns": "+2.5%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Polygon", "Ticker": "MATIC", "Returns": "+1.2%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Shiba Inu", "Ticker": "SHIB", "Returns": "+0.8%", "DACS Sector": "Currency"}]\n[{"Asset": "Solana", "Ticker": "SOL", "Returns": "\\u22122.4%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Cardano", "Ticker": "ADA", "Returns": "\\u22122.2%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Loopring", "Ticker": "LRC", "Returns": "\\u22122.0%", "DACS Sector": "Smart Contract Platform"}]\nDYdX Foundation CEO Calls Move to Own Blockchain From Ethereum a Prelude\nDYdX announced last year that it was leaving Ethereum for its own proprietary blockchain, on Cosmos,over concerns about the scalability of the blockchain. In early April, the exchange announced it had launched a V4 of its private testnet, apivotal stepin its roadmap.\nIn a recent interview with CoinDesk at the IVS Crypto Conference in Japan, Charles d\'Haussy, the CEO of the dYdX Foundation, explained the move by equating it to tech sovereignty. Having its own blockchain, he explained, allows dYdX to control its full tech stack and not depend on the speed and trade-offs of Ethereum\'s roadmap.\n“When you sit on someone else’s blockchain, you have a dependency on their roadmap. It’s not yours,” he told CoinDesk. “By having our own chain, we are able to execute much faster by moving away from a general purpose blockchain.”\nDYdX isn’t a new platform, but there’s renewed interest in it as the Securities and Exchange Commission (SEC)goes after its centralized counterparts. The platform isn’t without its growing pains, and the question at the end of the day will be if its new technology stack is the cure. Its token is downroughly 6% in the last monthas theprice of ether is up 1.3%, meaning the market is taking a cautious look at this as the exchange prepares for its next chapter.\nPart of Broader Trend\nD\'Haussy views dYdX owning its own blockchain as part of a broader trend where major crypto applications are optimizing for specific uses, thus making general-purpose blockchains less suitable.\n“At the beginning, you start with a Swiss knife, doing everything, but eventually, you want to become a craftsman and have specialized tools,” he said. “So I think we’ll see a lot of application chains and more interconnectivity between blockchains.”\nBut this doesn’t mean that dYdX will be centralized around its own chain. D\'Haussy also highlighted that dYdX is "blockchain agnostic," continually evolving and upgrading its technology. He believes this kind of adaptability is a key characteristic of successful decentralized finance applications.\nDYdX’s new blockchain will be open for other platforms to build on, but D\'Haussy pointed out that it\'s specifically designed for its own uses, and likened it to a "Formula 1 for decentralized finance."\nDiversity of validators\nTo prevent centralized failure, dYdX aims for diversity among their validators in geographies, underlying service providers, and types of providers. D\'Haussy foresees a rise in domestic validators due to certain regions lacking regulatory clarity.\n“We work on this to make sure that we\'ve got a diversity of geographies, diversity of underlying service providers, a mix of cloud providers, a mix of what we call bare metal providers,” he said.\nD\'Haussy predicts that in the coming years, regulations may require financial institutions to access public networks via domestic nodes, in order to ensure that activities on-chain fall under the purview of local regulators, which will significantly increase the demand for domestic validators.\nWhich means regulated crypto derivatives trading — if you’re in the right part of the world.\n9:30 a.m. HKT/SGT(1:30 a.m. UTC):China Consumer Price Index (June/YoY/MoM)\n1 p.m. HKT/SGT(5 a.m. UTC):Japan Economic Watchers Survey (June/Current and Outlook)\n3 p.m. HKT/SGT(7 a.m. UTC):China M2 Money Supply (June/YoY)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nBinance\'s CZ Brushes Off News of Execs Leaving; Bitwise CIO on Spot Bitcoin ETF Race\nFortune reports at least three executives left Binance as the company prepared to defend itself on multiple fronts. Fairlead Strategies Founder Katie Stockton shared her crypto markets analysis after the June U.S. jobs report was released. Bitwise CIO Matt Hougan and Ether Capital CEO Brian Mosoff weighed in on the spot bitcoin ETF race. And, Horizen CEO Rob Viglione explained why the self-described layer 0 blockchain was shedding its privacy coin moniker.\nCoinbase Knew It May Have Been Violating the Law Prior to the SEC\'s Lawsuit, Regulator Claims:The SEC pushed back against a previous Coinbase filing which argued that the regulator did not have sufficient jurisdiction to bring a lawsuit.\nBlackRock CEO’s Turnabout on Bitcoin Elicits Cheers, Skepticism of Crypto Cred:Larry Fink, CEO of the world’s biggest asset manager, says crypto could “revolutionize finance,” endorsing an industry he once viewed with skepticism. But the very nature of an ETF is at odds with the original ideals of Bitcoin.\nThree Arrows Capital Liquidator May Try to Claw Back About $1.2B From DCG, BlockFi:A July 7 report from Teneo, the hedge fund’s liquidator, described the potential claims.\nBinance Feels Strain of World’s Regulators Leaping Into Action:This week’s Australian probe, which sought out Binance employees outside the office, is only one of a growing list of legal entanglements facing the world’s biggest crypto exchange.\nThe Real Use Case for CBDCs: Dethroning the Dollar:Central bank digital currencies will revolutionize how companies settle international trade and reduce the need for greenbacks in the world economy, says Michael Casey.', 'Good morning. Here’s what’s happening: Prices: A bitcoin ETF might be a divisive idea for some in the industry, but it\'s all the market has on its mind. Insights: The dYdX Foundation\'s Charles d\'Haussy talks about the future of the platform post-Ethereum, and what he sees as developing regulatory trends. Prices CoinDesk Market Index (CMI) 1,231 −3.3 ▼ 0.3% Bitcoin (BTC) $30,171 −124.0 ▼ 0.4% Ethereum (ETH) $1,863 −2.5 ▼ 0.1% S&P 500 4,398.95 −12.6 ▼ 0.3% Gold $1,931 +4.4 ▲ 0.2% Nikkei 225 32,388.42 −384.6 ▼ 1.2% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,231 −3.3 ▼ 0.3% Bitcoin (BTC) $30,171 −124.0 ▼ 0.4% Ethereum (ETH) $1,863 −2.5 ▼ 0.1% S&P 500 4,398.95 −12.6 ▼ 0.3% Gold $1,931 +4.4 ▲ 0.2% Nikkei 225 32,388.42 −384.6 ▼ 1.2% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Bitcoin Opens Week Defending $30K Support Level A bitcoin ETF is the only thing on the market’s mind. BlackRock CEO Larry Fink’s embrace of bitcoin – an about-face for the finance executive – is dividing analysts and the industry at large. “So-called mainstream adoption will bring waves of new entrants to bitcoin, and the risk is that they won’t care, and won’t protect the decentralization properties that make it valuable over centralized alternatives in the first place,” Alex Thorn, head of research at Galaxy, wrote last Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-10 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $585,388,760,906 - Hash Rate: 387716032.92048943 - Transaction Count: 507115.0 - Unique Addresses: 679425.0 Social & AI Sentiment: - Fear & Greed Index: 0.56 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin Core developers are considering getting rid ofBRC-20transactions, a type of smart contract that enables the creation and management of tokens on the Bitcoin network. The discussion around the elimination of BRC-20 transactions can be found on the Bitcoin Development Mailing List and comes as the Bitcoin network has been facing serious congestion issues related to the growing popularity of BRC-20 tokens andOrdinalsInscriptions more generally. Some members of the Bitcoin community have expressed concern about the potential impact of eliminating BRC-20 transactions and others have questioned whether it would even be possible to implement in an appropriate manner. Critics of a potential ban argue that BRC-20 tokens could become an important part of the Bitcoin ecosystem, enabling gambling on meme tokens via the Bitcoin blockchain and improving long-term economics for miners. Moreover, BRC-20 tokens have gained popularity in a relatively short period of time, surpassing a collective market cap of $1 billion this week.... - 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: ['ETF euphoria is still wafting through both the crypto and finance space, and would-be Bitcoin investors are holding their breath ahead of what they hope will be the first approved exchange traded fund for spot markets. Their spirits were lifted after regulators gave their blessing to 2X Volatility Shares to start trading the first ETF in leveraged Bitcoin futures on June 23. For many observers, the move was a step in the right direction, toward the inevitable approval of a spot market ETF. The news was more bittersweet, however, for another contender hoping for a chance to offer a spot ETF: Grayscale. Donald Verilli, one of the lawyers representing Grayscale in its battle with the SEC, argued that approving the Volatility Shares ETF ran contrary to its own stance against any fund dealing with spot markets. Grayscale Is Suing SEC After Spot Bitcoin ETF Rejection \x93The fact that the Commission has allowed a leveraged bitcoin futures ETP to begin trading demonstrates that the Commission continues to arbitrarily treat spot Bitcoin ETPs differently than bitcoin futures ETPs,\x94 Verilli wrote in a letter to the clerk for the U.S. Court of Appeals in Washington D.C. on Monday. For the better part of a year, the asset manager has been locked in a lawsuit against the Securities and Exchange Commission, which it accuses of being unfair and arbitrary in its approval process. Grayscale sued the SEC last June after the agency rejected its application to convert its Grayscale Bitcoin Trust (GBTC) into a spot market ETF. The SEC argued that Grayscale\'s application lacked a plan to monitor any impact on spot prices that came from fraud or market manipulation. Grayscale has rejected this claim, countering that futures prices themselves are drawn from spot markets, a stance that the federal judge hearing the lawsuit showed some sympathy towards at a hearing in March. Judges Scrutinize SEC Over Denial of Grayscale Bitcoin ETF For Grayscale, the approval of the Volatility Shares ETF was just more proof of the SEC\x92s inconsistency. In his letter, Verilli argued that by dealing with futures markets using leverage to achieve bigger returns, the fund was exposing investors to more risk than a spot or traditional futures ETF would. This, he argues, should invalidate their rationale opposing Grayscale\x92s filing. Story continues "While the commission could theoretically correct its discriminatory treatment of spot bitcoin ETPs by rescinding its approval of all Bitcoin-based ETPs, the Commission\'s apparent willingness to permit even a leveraged bitcoin futures ETP\x97a particularly high-risk version of a Bitcoin futures product\x97makes clear [it] has no intention of doing so," said Verilli. Representatives from Volatility Shares declined to comment on Verilli\x92s arguments. In an earlier interview with Decrypt , the ETF\x92s co-founder and president Justin Young said that it was Grayscale\x92s initial application that cracked the door open to recent entrants like BlackRock to also seek a spot market product. He added that it was his belief that approval of the Volatility Shares\x92 ETF could facilitate approval for one. Bitcoin Spot ETF Will Open Door to New Investors: Volatility Shares Co-Founder "I think it brings to a lot of people\'s attention the thought that if the SEC has let a leveraged Bitcoin linked product through, why on Earth wouldn\'t they allow spot Bitcoin through?" Young said. In a Twitter thread, Grayscale appeared to be in some agreement with this view, noting that it is not claiming that products like Volatility Shares\' ETF should not exist. The firm insisted instead that it was motivated to speak out against the SEC\'s approval process. "Ultimately, excitement for these products backs up what we\x92ve been saying all along: that investors are eager for $BTC exposure with the protections of the ETF wrapper," it wrote.', 'ETF euphoria is still wafting through both the crypto and finance space, and would-be Bitcoin investors are holding their breath ahead of what they hope will be the first approved exchange traded fund for spot markets.\nTheir spirits were lifted after regulators gave their blessing to2X Volatility Sharesto start trading the first ETF in leveraged Bitcoin futures on June 23. For many observers, the move was a step in the right direction, toward the inevitable approval of a spot market ETF.\nThe news was more bittersweet, however, for another contender hoping for a chance to offer a spot ETF: Grayscale.\nDonald Verilli, one of the lawyers representing Grayscale in its battle with the SEC, argued that approving the Volatility Shares ETF ran contrary to its own stance against any fund dealing with spot markets.\n“The fact that the Commission has allowed a leveraged bitcoin futures ETP to begin trading demonstrates that the Commission continues to arbitrarily treat spot Bitcoin ETPs differently than bitcoin futures ETPs,” Verilli wrote in aletterto the clerk for the U.S. Court of Appeals in Washington D.C. on Monday.\nFor the better part of a year, the asset manager has been locked in a lawsuit against the Securities and Exchange Commission, which it accuses of being unfair and arbitrary in its approval process. Grayscalesued the SEClast June after the agency rejected its application to convert its Grayscale Bitcoin Trust (GBTC) into a spot market ETF.\nThe SEC argued that Grayscale\'s application lacked a plan to monitor any impact on spot prices that came from fraud or market manipulation. Grayscale has rejected this claim, countering that futures prices themselves are drawn from spot markets, a stance that thefederal judge hearingthe lawsuit showed some sympathy towards at a hearing in March.\nFor Grayscale, the approval of the Volatility Shares ETF was just more proof of the SEC’s inconsistency. In his letter, Verilli argued that by dealing with futures markets using leverage to achieve bigger returns, the fund was exposing investors to more risk than a spot or traditional futures ETF would. This, he argues, should invalidate their rationale opposing Grayscale’s filing.\n"While the commission could theoretically correct its discriminatory treatment of spot bitcoin ETPs by rescinding its approval of all Bitcoin-based ETPs, the Commission\'s apparent willingness to permit even a leveraged bitcoin futures ETP—a particularly high-risk version of a Bitcoin futures product—makes clear [it] has no intention of doing so," said Verilli.\nRepresentatives from Volatility Shares declined to comment on Verilli’s arguments.\nIn anearlier interviewwithDecrypt, the ETF’s co-founder and president Justin Young said that it was Grayscale’s initial application that cracked the door open to recent entrants like BlackRock to also seek a spot market product. He added that it was his belief that approval of the Volatility Shares’ ETF could facilitate approval for one.\n"I think it brings to a lot of people\'s attention the thought that if the SEC has let a leveraged Bitcoin linked product through, why on Earth wouldn\'t they allow spot Bitcoin through?" Young said.\nIn a Twitter thread, Grayscale appeared to be in some agreement with this view, noting that it is not claiming that products like Volatility Shares\' ETF should not exist. The firm insisted instead that it was motivated to speak out against the SEC\'s approval process.\n"Ultimately, excitement for these products backs up what we’ve been saying all along: that investors are eager for $BTC exposure with the protections of the ETF wrapper," it wrote.', 'ETF euphoria is still wafting through both the crypto and finance space, and would-be Bitcoin investors are holding their breath ahead of what they hope will be the first approved exchange traded fund for spot markets.\nTheir spirits were lifted after regulators gave their blessing to2X Volatility Sharesto start trading the first ETF in leveraged Bitcoin futures on June 23. For many observers, the move was a step in the right direction, toward the inevitable approval of a spot market ETF.\nThe news was more bittersweet, however, for another contender hoping for a chance to offer a spot ETF: Grayscale.\nDonald Verilli, one of the lawyers representing Grayscale in its battle with the SEC, argued that approving the Volatility Shares ETF ran contrary to its own stance against any fund dealing with spot markets.\n“The fact that the Commission has allowed a leveraged bitcoin futures ETP to begin trading demonstrates that the Commission continues to arbitrarily treat spot Bitcoin ETPs differently than bitcoin futures ETPs,” Verilli wrote in aletterto the clerk for the U.S. Court of Appeals in Washington D.C. on Monday.\nFor the better part of a year, the asset manager has been locked in a lawsuit against the Securities and Exchange Commission, which it accuses of being unfair and arbitrary in its approval process. Grayscalesued the SEClast June after the agency rejected its application to convert its Grayscale Bitcoin Trust (GBTC) into a spot market ETF.\nThe SEC argued that Grayscale\'s application lacked a plan to monitor any impact on spot prices that came from fraud or market manipulation. Grayscale has rejected this claim, countering that futures prices themselves are drawn from spot markets, a stance that thefederal judge hearingthe lawsuit showed some sympathy towards at a hearing in March.\nFor Grayscale, the approval of the Volatility Shares ETF was just more proof of the SEC’s inconsistency. In his letter, Verilli argued that by dealing with futures markets using leverage to achieve bigger returns, the fund was exposing investors to more risk than a spot or traditional futures ETF would. This, he argues, should invalidate their rationale opposing Grayscale’s filing.\n"While the commission could theoretically correct its discriminatory treatment of spot bitcoin ETPs by rescinding its approval of all Bitcoin-based ETPs, the Commission\'s apparent willingness to permit even a leveraged bitcoin futures E Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-11 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $592,852,204,875 - Hash Rate: 339880937.9497796 - Transaction Count: 432293.0 - Unique Addresses: 686922.0 Social & AI Sentiment: - Fear & Greed Index: 0.57 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Halfway through 2023, the crypto industry isslowly recovering from the bruisesand losses it suffered last year and regaining ground. A very long crypto winter, collapses, millions of dollars lost and, of course, the whole FTX debacle have instilled caution and a loss in confidence in the space for many investors. I’m a Self-Made Millionaire:These Are the 6 Investments Everyone Should Make During an Economic DownturnCheck Out:3 Things You Must Do When Your Savings Reach $50,000 Yet, several experts argue that despite the beating the industry took,there are some winners that have either emerged or become even more prominent. Meanwhile, they caution about certain pockets or practices in the industry that can still prove detrimental to investors. “Obviously the headlines have focused on the daisy chain of collapses that impacted a large number of the centralized players in the crypto industry over the last year, notably Celsius, Voyager and FTX,” said Nihar Neelakanti, CEO and co-founder ofEcosapiens. “But I think a somewhat overlooked story in our industry has been how durable the crypto industry has been amid this ongoing banking crisis.” Bitcoin’s value proposition, he said, has been reinforced in a profound way to a good many people and organizations that otherwise likely would not have considered it to be an investment hedge to systemic financial issues. Neelakanti explained that Bitcoin of course was born in the flames of the Great Financial Crisis; but, until recently, a lot of investors viewed it as a niche plaything for the tech world. “No longer,” he said. The asset has regained some attention partly because of the recent turmoil in the traditional banking system and the ensuing collapses of several banks. Take Our Poll:Who Has Given You the Best Money Advice You Have Ever Received? “I personally know several people who allocated a portion of their own funds to Bitcoin when Silicon Valley Bank collapse happened,” he said, adding that the banking crisis shook their understanding of the stability of our financial system. In turn, they sought out Bitcoin because it serves as an insurance policy for these kinds of crises. “Bitcoin is the ultimate bearer asset — or, I should say, the opposite of a bank deposit in that you can hold Bitcoin in your digital wallet as you would cash in your physical wallet,” he added. “It’s decentralized, meaning that it’s highly secure. It makes sense, in this context, that Bitcoin has performed relatively well since the banking crisis kicked off. So, in a sense, those who now use Bitcoin as a hedge have scored a win when it comes to both investing and indeed securing their own funds.” Bitcoin was around $28,000 on May 30, up a whopping 68.8% year to date, according to MarketWatch data. Other events are also buoying the asset, notably the recent news of a potential debt ceiling deal. Sam North, market analyst ateToro, noted on May 30 that Bitcoin has surged to a two-week high on the back of a potential deal struck by Republicans and Democrats to avoid a U.S. debt ceiling default. “Having traded below or around $27,000 for the past two weeks, Bitcoin surged early this week to close to $28,000 as investors bought the news of a potential deal to avoid default disaster,” he said. “The crypto asset is still below recent levels, however, as markets continue to tread carefully.” North noted that Ether similarly saw a price surge, having traded around $1,800 for three weeks and rising to just shy of $1,900 following the debt ceiling news. The asset was up a notable 60% year to date, according to MarketWatch data. Anthony Georgiades, co-founder ofPastel Network, said the biggest winners are those who have invested in building out incredibly powerful crypto protocols. “Indeed,” he said, “it’s the builders who have invested their time and hard work in this industry amid the turbulence and, in turn, who are helping to secure the longer term and powerful vision of the digital asset industry.” He specifically pointed at Ethereum and the massive improvements made to the chain that have taken place over the last several months, notably transitioning Ethereum from proof of work to proof of stake, which, he said, was a huge accomplishment not only in technical terms but also the long-term viability of the chain itself. “And when coupled with Ethereum’s Shanghai upgrade, which added tremendous amounts of utility in terms of staking, the chain became a long-term investment not only for crypto-native users but also for bigger institutions that want to get exposure to this ecosystem,” he added. “Those upgrades were huge wins for our industry, propelling us forward at a time of great economic turbulence and regulatory uncertainty, and it’s exciting to see!” Meme coins had a huge moment in the sun, peddled by celebrities on social media and enabling many investors to make a quick buck. But, with the numerous scandals and enormous losses that marred the crypto space last year, caution is now the guiding light for many investors. What’s more, meme coins themselves have seen their reputation tarnished due to the rise of rug pulls, a scam in which developers build what appear to be legitimate crypto projects before taking investors’ money and disappearing. Just recently, a new meme coin hit the market in late April: Pepe saw an explosive surge, reaching a market cap of $1.6 billion at one point, according to CoinMarketCap — although on May 30 its market cap was down to $576,125,504. The surge has prompted some to say a new meme coin season is upon us, which caused other meme coins “to go on spectacular pumps and just as astounding dumps,” CoinMarketCap noted. “For every tale of rags to riches, there’s a horror story lurking in the shadows,” saidSmartblockschief revenue and marketing officer Mark Fidelman, who added this is where meme coins like Pepe come into play. “Listen, I get it: The idea of investing in something that’s a bit tongue in cheek, a bit fun, it’s tempting,” he said. “But let me be clear: These are not a safe bet. It’s like playing the lottery, except your odds are probably worse. There’s no real value, no solid backing to these coins, and the market is ripe for manipulation. “Don’t get me wrong: Some folks have made a quick buck, but countless others have lost their shirts. So, if you’re thinking about dabbling in meme coins, just remember: It’s a gamble, not an investment.” In the end, experts agree that venturing into the world of cryptocurrencies can be a thrilling and potentially highly rewarding endeavor, if you do it the “right” way. “By approaching your investments with a serious and well-informed mindset, drawing wisdom from noteworthy wins and losses and prioritizing long-term thinking, you can confidently navigate the complexities of crypto investments,” said Mikkel Morch, chairman and non-executive director atARK36. “Embrace the power of knowledge, strategically diversify your portfolio, safeguard against scams and actively engage with the crypto community. Remember, success in this realm requires continuous learning, adaptability and a steadfast commitment to your investment strategy.” More From GOBankingRates • Houses in These Cities Are Suddenly Bargains • See GOBankingRates' Top 100 Most Influential Money Experts and Vote for Your Favorite • 3 Things You Must Do When Your Savings Reach $50,000 • 48 Easy Things You Can Do To Live Better and Save Money This article originally appeared onGOBankingRates.com:Crypto’s Biggest Winners and Losers Halfway Through 2023, According to Experts... - Reddit Posts (Sample): [['u/thebestbaghodlr', 'ELI5: Why would the halving affect prices at all this time?', 65, '2023-07-11 06:43', 'https://www.reddit.com/r/CryptoCurrency/comments/14wh1h0/eli5_why_would_the_halving_affect_prices_at_all/', 'Since we can\'t seem to talk about anything else here anymore I might as well dive deeper into the halving. I have two reasons why I personally think it won\'t affect prices but I\'m open to people correcting me. \n\n1. With 93% of BTC already mined, why does it matter how long the remaining 7% takes to mine? I can understand the effects of halvings early on were massive, new BTC was bountiful and suddenly new supplies were sliced significantly. But almost all of the mining is already done. This is the area I welcome some education on, if I\'m overlooking some core concept here. \n\n\n2. The one I feel is more important: everyone expects it to pump after the halving, so this is already priced in. If anything it feels like there will be a large "sell the news" scenario. To be clear I feel BTC is largely undervalued and should be standing higher than it currently is but I don\'t feel like the halving is the catalyst for this to occur', 'https://www.reddit.com/r/CryptoCurrency/comments/14wh1h0/eli5_why_would_the_halving_affect_prices_at_all/', '14wh1h0', [['u/emptyzed81', 10, '2023-07-11 10:12', 'https://www.reddit.com/r/CryptoCurrency/comments/14wh1h0/eli5_why_would_the_halving_affect_prices_at_all/jrif6kl/', '30k for 1digital string of numbers and letters is a lot if ya think about it🤣', '14wh1h0']]]]... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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: What\'s going to move bitcoin away from $30,000? Insights: A freely convertible Chinese Yuan is a requirement for a CNY stablecoin. That\'s not going to happen anytime soon. Prices CoinDesk Market Index (CMI) 1,245 +4.0 ▲ 0.3% Bitcoin (BTC) $30,608 +202.5 ▲ 0.7% Ethereum (ETH) $1,878 −0.7 ▼ 0.0% S&P 500 4,439.26 +29.7 ▲ 0.7% Gold $1,939 +13.6 ▲ 0.7% Nikkei 225 32,203.57 +13.8 ▲ 0.0% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,245 +4.0 ▲ 0.3% Bitcoin (BTC) $30,608 +202.5 ▲ 0.7% Ethereum (ETH) $1,878 −0.7 ▼ 0.0% S&P 500 4,439.26 +29.7 ▲ 0.7% Gold $1,939 +13.6 ▲ 0.7% Nikkei 225 32,203.57 +13.8 ▲ 0.0% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Bitcoin is Looking at a 2024 Bull Market, But is $120,000 Realistic? As Asia opens for its trading day, bitcoin continues to maintain the $30,000 mark, while ether is flat. Coinglass data shows that in the last 12 hours, slightly more long liquidations than short liquidations occurred with $7 million longs and $6.73 million shorts liquidated. “The market is on standby, awaiting signals of price increase following a slowdown or pause in rate hikes in the second half of the year, which would be characterized by liquidity inflow,” Bybit’s Ether Chen, its lead financial engineer, told CoinDesk in a note. Chen said that Bybit’s team expects a potential market price recovery in the fourth quarter, but a full bull market might not materialize until 2024. This recovery would be contingent upon the cessation of rate hikes, BTC halving and the resolution of regulatory storms. Tim Frost, CEO of digital wealth platform Yield App points to slowing inflation figures but a market confidence that the Federal Reserve will still hike rates as sort of a mixed messaging, and dismisses a recent report from Standard Chartered that bitcoin will hit $120,000 by the end of next year. Story continues “For crypto assets, this all likely means continued range trading around current levels. Bitcoin seems to be holding fairly close to $30,000 at the moment which is a near 100% increase from January when it started the year at $16,540,” he said in a note. “There are few assets that perform this well in a "bear" market, and canny seasoned traders will likely have done well on BTC this year.” Regardless of whether or not Standard Chartered’s price prediction is correct, Frost sees a bull market on the horizon for 2024. “The long-range consensus remains that crypto will enter its next bull market in 2024 following a period of continued consolidation this year and, behind closed doors, huge innovation is paving the way for the next wave of crypto adoption,” he concludes. Biggest Gainers Asset Ticker Returns DACS Sector Solana SOL +3.7% Smart Contract Platform Decentraland MANA +2.3% Entertainment Cardano ADA +1.9% Smart Contract Platform Biggest Losers Asset Ticker Returns DACS Sector Stellar XLM −1.2% Smart Contract Platform Avalanche AVAX −0.9% Smart Contract Platform Cosmos ATOM −0.4% Smart Contract Platform Insights Here\'s Why we Won\'t See a CNY Stablecoin Circle’s CEO Jeremy Allaire argues that a stablecoin pegged to the Chinese Yuan (CNY) is a better option than a Central Bank Digital Currency (CBDC). But a yuan stablecoin isn’t going to happen, just like a Chinese CBDC isn’t going to challenge the dollar. Why? Because the free convertibility of the yuan goes against a core fundamental of Beijing’s monetary policy. The People’s Bank of China (PBoC) maintains strict control over the exchange rate of the yuan, keeping it within a narrow band and not allowing it to float freely in international markets. This allows China to maintain control over its export prices and its domestic economy. But it also means that the yuan can’t be used offshore, like the Euro or the USD, and there are strict capital controls on how much you can bring out of the country. The more you want your currency used internationally, the more control you need to be willing to cede. As the IMF’s First Deputy Managing Director Gita Gopinath pointed out in a 2022 address, these aren’t the traits of a global currency. After all, the yuan is only used in around 3.2% of global payments as of January 2022. "If a country is aspiring to be a global currency, then in that case, you would need to have, you know, basically fully and freely mobile capital, full capital account liberalization, full convertibility of exchange rate, which is not the case right now in China," Gopinath is quoted as saying . Currency manipulation has been a contentious issue in U.S.-China relations, and, in 2019, the U.S. Department of the Treasury labeled the country a currency manipulator . But you know who else has been on the radar of Washington as a currency manipulator? Taiwan. Unlike China, Taiwan does not actively intervene to keep its currency, the New Taiwan Dollar (TWD), artificially low to boost exports. Instead, Taiwan has been known to intervene to prevent rapid appreciation of its currency which could harm its export-driven economy. This has been an issue since 1989, when the U.S. Senate subcommittee on international trade called a hearing on currency manipulation . David Mulford, the then Under Secretary-Designate, Office of International Affairs, Department of the Treasury, noted the large-scale intervention in the foreign exchange market by Taiwan\'s Central Bank, and a lack of significant exchange rate appreciation despite Taiwan running large external surpluses. For its part, Taipei denies that it\'s an active currency manipulator or has capital controls pointing to the openness of foreign investment in its equities market and the free convertibility of foreign currency on its shores. But if there’s one thing that unites Taipei and Beijing, its that central bankers in neither capital want to relinquish control of their currencies to the market. Important events. 1 p.m. HKT/SGT(UTC): Bank of England Financial Stability Report 8:30 p.m. HKT/SGT(12:30 p.m. UTC): U.S. Consumer Price Index (June/MoM/YoY) 7:50 a.m. HKT/SGT(23:50 p.m. UTC/July 11): Japan Producer Price Index CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Justin Sun on State of Crypto Regulation; EU\'s Metaverse Strategy TRON founder and Huobi global advisor Justin Sun joined "First Mover" to discuss the state of crypto regulation, outlook on Hong Kong, and much more. Bitcoin (BTC) is holding firm above $30,000. GSR Markets co-founder and president Rich Rosenblum gave his crypto markets analysis. And, the European Commission\'s metaverse strategy is slated to be released later today. Metaverse EU editor Patrick Grady shared his expectations. Headlines Bitcoin Quiets Down in July After a Tumultuous First Half of 2023: While July has historically been one of Bitcoin’s strongest months, the largest crypto by market value’s price has remained range-bound so far this month. BlackRock’s Bitcoin ETF Application Takes Surveillance to the Next Level: An Information-Sharing Agreement, which appears to be absent from public spot Bitcoin ETF filings, compels a crypto exchange to share trading data up to and including personal information such as a customer’s name and address. Ether Staking Ratio Nears Key Milestone as Inflows Slow Amid Regulatory Pressures: Investors committed nearly 20% of all ETH tokens to lock up in staking contracts, according to blockchain data. Why Threads Got 100 Million Users When Other Twitter Rivals Could Not: Network effects and ease-of-use rule the day. And, a lot of people clearly don’t care about decentralization and privacy all that much, says CoinDesk’s Emily Parker. The Big Robert F. Kennedy Jr. Bitcoin Nothingburger: The candidate isn’t necessarily biased just because he owns BTC.', 'Good morning. Here’s what’s happening:\nPrices:What\'s going to move bitcoin away from $30,000?\nInsights:A freely convertible Chinese Yuan is a requirement for a CNY stablecoin. That\'s not going to happen anytime soon.\nCoinDesk Market Index (CMI)\n1,245\n+4.0▲0.3%\nBitcoin (BTC)\n$30,608\n+202.5▲0.7%\nEthereum (ETH)\n$1,878\n−0.7▼0.0%\nS&P 500\n4,439.26\n+29.7▲0.7%\nGold\n$1,939\n+13.6▲0.7%\nNikkei 225\n32,203.57\n+13.8▲0.0%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,245", "+4.0\\u25b20.3%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$30,608", "+202.5\\u25b20.7%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,878", "\\u22120.7\\u25bc0.0%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,439.26", "+29.7\\u25b20.7%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,939", "+13.6\\u25b20.7%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["32,203.57", "+13.8\\u25b20.0%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nBitcoin is Looking at a 2024 Bull Market, But is $120,000 Realistic?\nAs Asia opens for its trading day, bitcoin continues to maintain the $30,000 mark, while ether is flat.Coinglass datashows that in the last 12 hours, slightly more long liquidations than short liquidations occurred with $7 million longs and $6.73 million shorts liquidated.\n“The market is on standby, awaiting signals of price increase following a slowdown or pause in rate hikes in the second half of the year, which would be characterized by liquidity inflow,” Bybit’s Ether Chen, its lead financial engineer, told CoinDesk in a note.\nChen said that Bybit’s team expects a potential market price recovery in the fourth quarter, but a full bull market might not materialize until 2024. This recovery would be contingent upon the cessation of rate hikes, BTC halving and the resolution of regulatory storms.\nTim Frost, CEO of digital wealth platform Yield App points to slowing inflation figures but a market confidence that the Federal Reserve will still hike rates as sort of a mixed messaging, and dismisses arecent report from Sta Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-12 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $593,807,974,450 - Hash Rate: 382989765.58074266 - Transaction Count: 478320.0 - Unique Addresses: 752660.0 Social & AI Sentiment: - Fear & Greed Index: 0.64 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin fell 3.47% from June 9 to June 16 to trade at US$25,561 at 3:30 p.m. Friday in Hong Kong. The world’s largest cryptocurrency by market capitalization dipped below US$25,000 for the first time in three months, before recovering. Ether fell 9% over the week to US$1,670. 1xKqh8PIfzGrhNKh7lrDvbof 2Shmuu7x4dkypXowbEO8Ek7JWDWTYPmLBY70u79 5afRV85yTp S2FwAFszxuM6rXJMDcnJe84ptvwxUQ This week, crypto investor appetite remained weighed down by the Securities and Exchange Commission’s (SEC) ongoing lawsuits against Binance and Coinbase. The SEC filed a motion to freeze the assets of Binance.US , which was denied in court on Wednesday. Judge Amy Berman Jackson of the D.C. District Court ordered Binance.US to share its business expenses with the court while the two parties continue negotiations. “The current crackdown can be seen as a pre-emptive strike, dating back to the collapse of FTX in 2022. U.S. crypto companies will automatically adapt their activities to the new rules resulting from the outcome of the lawsuits. As long as there is no immediate threat from other crypto companies, the SEC might be satisfied with this latest show of arms,” Jonas Betz, crypto market analyst and founder of consultancy firm Betz Crypto , told Forkast in a LinkedIn response. Mike Brusov, co-founder of crypto intelligence firm Cindicator , said that distrust in fiat currencies had led to a large influx of capital into crypto, which bolstered Bitcoin to US$29,538 in May, and that the SEC’s aggressive lawsuits aimed to stop this trend. “There are a multitude of strange moments involved in this situation,” said Brusov, referencing SEC chair Gary Gensler’s alleged offer to serve as an advisor to Binance. “Also, a large list of coins became declared as ‘unregistered securities’. This extreme accusation suddenly included high-level blockchains whose tokens have specific utility while serving as an integral piece of the project at large,” wrote Brusov. In the SEC’s other lawsuit against San Francisco payments firm Ripple Labs , the Hinman files – documents of internal communication from former SEC official William Hinman – were released this week. A June 2018 email from Hinman stated that the agency did not classify Ether, the native cryptocurrency of the Ethereum blockchain , as a security. This statement could influence the allegations made by the Commission against Ripple. The SEC argues that XRP , the cryptocurrency used in Ripple’s products and services, is a security. Story continues A June 2018 email from Hinman stated that the agency did not classify Ether, the native cryptocurrency of the Ethereum blockchain , as a security. Images: SEC, Envato Elements Rate hikes: Press start to pause The U.S. consumer price index showed that inflation rose at a 4% annual rate in May, below the expected 4.1%, marking the slowest growth in inflation in two years. The Federal Reserve announced a pause on interest rate hikes on Wednesday, leaving its lending rate at 5% to 5.25% after over a year of consecutive rate hikes. Bitcoin sank to US$24,983 on Wednesday after the Fed signaled that two more rate increases should be expected this year. “It’s a clear sign that the U.S. is edging its way to winning the war against inflation. As a result, there was an initial sell-off in the crypto market. This was short-lived as the market quickly rebounded, with investors betting on continued economic growth and corporate profitability despite higher borrowing costs,” Lucas Kiely, the chief investment officer of digital asset platform Yield App , wrote to Forkast . The U.S. Federal Reserve has signaled that two more rate increases should be expected this year. Image: Win McNamee via Getty Images. Adding to investor concerns, the European Central Bank raised interest rates by 25 basis points to 3.5% on Thursday, in an eighth consecutive hike. This brings interest rates in the region to the highest in 22 years. The central bank also indicated that it is mulling higher interest rates this year. The global crypto market capitalization stood at US$1.04 trillion on Friday at 3:30 p.m. in Hong Kong, down 5.45% from US$1.1 trillion a week ago, according to CoinMarketCap data. With a market cap of US$495 billion, Bitcoin represented 47.8% of the market while Ether, valued at US$200 billion, accounted for 19.3%. See related article: US SEC sues major exchanges; Circle gets Singapore license Notable Movers: EOS & APE Layer-1 blockchain protocol EOS Network’s (EOS) token was this week’s biggest loser in the top 100. EOS fell 28.97% to US$0.6355. The token started its downtrend on Saturday, pressured by the SEC’s lawsuits and the overall negative market sentiment. ApeCoin , the official crypto of the Bored Ape Yacht Club ecosystem, was this week’s second biggest loser in the top 100. ApeCoin fell 27.98% to trade at US$2.09, along with most of the notable metaverse tokens. The Sandbox’s (SAND) token also fell 21.53% while Decentraland’s (MANA) token declined 19.56% on the weekly chart. Bored Ape Yacht Club in OpenSea See related article: Why the US is waging war on Binance, Coinbase Next week: Can Bitcoin hold US$24,000? Next week, investors will be looking forward to key speeches from several members of the Federal Open Market Committee (FOMC), including president of the Federal Reserve Bank of Cleveland, Loretta Mester, Atlanta Fed chief Raphael Bostic and St. Louis Fed president James Bullard. Federal Reserve chair Jerome Powell is also set to testify on the Fed’s recent monetary policy actions on Wednesday and Thursday. The Bitcoin Fear & Greed index , which is a multifactorial measure of crypto market sentiment, rose from 41 points on Thursday to 47 points on Friday, signaling that investor sentiment shifted from fearful to neutral. While market participants are cautious that the SEC may go after other exchanges, Kasper Vandeloock, chief executive officer of quantitative trading firm Musca Capital , does not expect any more lawsuits from the SEC without further regulatory clarity in the U.S. Yield App’s Kiely said that Bitcoin price will likely remain range-bound next week unless it falls below US$24,000. “To confirm an upward trend, Bitcoin prices need to close the week above the key level of US$30,500. Bitcoin has been trading below this for several weeks now, with neither bulls nor bears taking control… On the other hand, if prices fail to hold above current levels, it could indicate a continuation of bearish sentiment. Investors should also keep an eye on another key level at US$24,000,” wrote Kiely. See related article: BlackRock files for spot Bitcoin ETF, taps Coinbase as custodian... - Reddit Posts (Sample): []... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin dropped in Thursday morning trading in Asia to below US$30,500, as the U.S. government’s potential sale of Bitcoin seized from a Silk Road theft exerted pressure on the token. Along with Bitcoin, Ether and most other top 10 non-stablecoin cryptocurrencies also logged losses, with Polygon’s Matic leading the losers. U.S. equity futures rose after data showed that U.S. inflation slowed in June. Nonetheless, analysts ramped up their expectations for another interest rate hike in July.\nBitcoin dropped 0.81% over the last 24 hours to US$30,375 as of 07:20 a.m. in Hong Kong for a weekly loss of 0.35%. Following the release of the U.S. consumer price index (CPI), the world’s biggest cryptocurrency reached a high of US$30,959 on Wednesday night in Asia. However, it soon retreated below US$30,500, according todatafrom CoinMarketCap.\nBitcoin wallets linked to the U.S. Department of Justice (DOJ) moved over 9,800 Bitcoin worth around $300 million to unused addresses in a flurry of transactions on July 12, according to data fromBlockchain.com. The move likely exerted further pressure on the token — as has been the case with other large transfers in thepast.\nIn 2021, the DOJseizedaround 50,000 Bitcoins stolen from the Silk Road darknet marketplace. It is unclear if Wednesday’s transferral between wallets will lead to the U.S. government selling the seized Bitcoin.\nEther dipped 0.43% to US$1,870, losing 2.15% for the week. Like Bitcoin, the token rose Wednesday night, briefly breaching the US$1,900 resistance level. However, it soon retreated back.\nMost other top 10 non-stablecoin cryptocurrencies logged losses in the past 24 hours. The exception was Tron’s TRX token, which gained 0.51% to US$0.0777 and moved up 1.05% for the week.\nAlthough the CPI data on Wednesday pointed to a slow down in the rate of U.S. inflation, it still may not change the course of the Federal Reserve’s monetary tightening policies.\nAccording to Justin d’Anethan, head of APAC business development at Belgium-based crypto market makerKeyrock, the new data conforms to expectations and is still far from the Fed’s target to bring the inflation rate to within 2%. It is therefore not enough to boost sentiment in the crypto market.\n“Core inflation data came through in the US, a piece of news that most traders were eagerly waiting for but, somehow, which didn’t generate any strong reaction,” d’Anethan said.\nOn the crypto side,\xa0 “investors just aren’t confident enough about prices to gear things down or up and would rather wait for a change of pace in macro markets and the Fed’s rate decision or some powerful crypto-focused catalysis — which just hasn’t come yet,” he added.\nPolygon’s Matic led the losers, falling 2.24% to US$0.7248, although it still registered a weekly gain of 8.25%.\nDespite the latest dip, Matic enjoyed a rally of over 15% in the past two weeks. The rise reflects investor optimism in the Polygon network’sPolygon 2.0 upgrade, which the company says will include improved network performance and a transition to “greater community governance of the protocol and treasury.”\nHowever, the token has some major losses to make up. It is still over 50% down from its 2024 peak of US$1.55 on February 18.\nThe total crypto market capitalization fell 0.71% in the past 24 hours to US$1.18 trillion, while trading volume rose 13.59% to US$31.02 billion.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nThe mainForkast 500 NFT indexdipped 0.14% in the past 24 hours to 2,702.73 as of 09:50 a.m. in Hong Kong. Forkast’s Solana and Polygon NFT market indices moved up, while Etheum’s and Cardano’s indices dropped.\nTotal NFT sales volume dropped 6.33% in the past 24 hours to US$23.06 million, according to data fromCryptoSlam. Sales volume on the Ethereum and Polygon platforms dropped, while the Bitcoin, Solana, BNB Chain and Cardano platforms recorded rises. Sales volume on the Cardano\xa0platform more than doubled in the past 24 hours.\nAmong all NFT collections, Bitcoin-based $FRAM BRC-20 NFTs topped the 24-hour sales volume. Sales of the collection rose 38.50% to US$2.13 million, larger than the combined volumes of Ethereum-based CryptoPunks and Bored Ape Yacht Club (BAYC), which ranked second and third on the list respectively.\nPolygon Technology’s NFT project Pluto announced on Wednesday that itintroduced“interoperable NFT minting” on both the Ethereum and Polygon networks.\n“(Pluto is) billed as the flagship profile picture (NFT project) on Polygon,” said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News. “(An) interesting dynamic here to watch is that minting can occur on mainnet Ethereum using ETH or USDC, or can be on Polygon using WETH or Matic. We’ll see if this brings in participants.”\nMeanwhile, Google Playannounceda policy change on Wednesday that allows the apps and games on the online store to incorporate “tokenized digital assets” such as NFTs onto their platforms.\n“This opens up a huge new opportunity for creators and projects to build, now with mobile as their backbone,” said Yehudah.\nBinance Labs, the investment arm of the world’s largest crypto exchange Binance,announcedon Thursday that it has committed $15 million to Switzerland-basedXterio. The Web3 game developer, which allows users to earn and trade using NFTs, plans to use the fund to explore artificial intelligence capabilities in its Web3 game development.\nU.S. stock futuresroseas of 11:30 a.m. in Hong Kong. All three major U.S. indexes closed higher in regular Wednesday trading, with the Nasdaq composite leading the rally with a 1.15% increase.\nInvestors received a boost from Wednesday’s U.S.CPI reportby the Labor Department. It showed that the annual inflation rate in June slowed to 3.0%. The data recorded the smallest annual increase since March 2021. The figure was lower than analyst expectations of 3.1%,Reutersreported on Thursday.\nHowever, the lower-than-expected inflation data may not sway the Federal Reserve from making another interest rate hike in July, according to Nigel Green, chief executive officer at independent financial advisorydeVere Group.\n“The central banks’ officials will argue that there is still work to be done to tame inflation and they are unlikely to be dissuaded from their course of action for the time being,” Green said in an emailed comment.\n“While we believe that the Fed will raise rates in July, there is now less justification for further hikes later this year,” Green added, as “investors are increasingly concerned that the Federal Reserve could, with further hikes, overtighten and that would steer the US economy into a major recession.”\nThe Federal Reserve meets on July 26 to discuss its next move on rates. TheCME FedWatch Toolpredicts a 92.4% chance the Fed will enact a 25-basis-point rate increase this month, and a 7.6% chance it will leave the rate unchanged at between 5% and 5.25%.\nAnalysts also expect a 12.9% chance for one more 25-basis-point rate hike in September, down from 22.3% on Wednesday. Expectations for further rate hikes in November and December also dropped.\nFollowing the gains on Wall Street, Asia’s main stock indexes traded higher on Thursday morning. China’sShanghai Composite, Hong Kong’sHang Seng, Japan’sNikkeiand South Korea’sKospiall recorded rises.\nSouth Korea’s central bank kept its interest rate unchanged for a fourth consecutive time on Thursday, as the country’s inflation eased in June, according to aBloombergreport published Thursday.\nMeanwhile in China, experts polled byReutersestimate the country’s exports shrank 9.5% year-on-year in June, an accelerated rate of decline on the previous month.\nHowever, any bearish sentiment was offset by Chinese Premier Li Qiang’s Wednesdaymeetingwith multiple heads of the country’s leading tech giants. That willingness to engage with the industry’s leaders could signal an end to the government’scrackdownon the technology sector.\n(Updates with equity section.)', 'Bitcoin dropped in Thursday morning trading in Asia to below US$30,500, as the U.S. government’s potential sale of Bitcoin seized from a Silk Road theft exerted pressure on the token. Along with Bitcoin, Ether and most other top 10 non-stablecoin cryptocurrencies also logged losses, with Polygon’s Matic leading the losers. U.S. equity futures rose after data showed that U.S. inflation slowed in June. Nonetheless, analysts ramped up their expectations for another interest rate hike in July.\nBitcoin dropped 0.81% over the last 24 hours to US$30,375 as of 07:20 a.m. in Hong Kong for a weekly loss of 0.35%. Following the release of the U.S. consumer price index (CPI), the world’s biggest cryptocurrency reached a high of US$30,959 on Wednesday night in Asia. However, it soon retreated below US$30,500, according todatafrom CoinMarketCap.\nBitcoin wallets linked to the U.S. Department of Justice (DOJ) moved over 9,800 Bitcoin worth around $300 million to unused addresses in a flurry of transactions on July 12, according to data fromBlockchain.com. The move likely exerted further pressure on the token — as has been the case with other large transfers in thepast.\nIn 2021, the DOJseizedaround 50,000 Bitcoins stolen from the Silk Road darknet marketplace. It is unclear if Wednesday’s transferral between wallets will lead to the U.S. government selling the seized Bitcoin.\nEther dipped 0.43% to US$1,870, losing 2.15% for the week. Like Bitcoin, the token rose Wednesday night, briefly breaching the US$1,900 resistance level. However, it soon retreated back.\nMost other top 10 non-stablecoin cryptocurrencies logged losses in the past 24 hours. The exception was Tron’s TRX token, which gained 0.51% to US$0.0777 and moved up 1.05% for the week.\nAlthough the CPI data on Wednesday pointed to a slow down in the rate of U.S. inflation, it still may not Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-13 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $609,125,663,150 - Hash Rate: 321592673.5118464 - Transaction Count: 375859.0 - Unique Addresses: 678891.0 Social & AI Sentiment: - Fear & Greed Index: 0.57 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Crypto companies that were partnered with Prime Trust are clearing the air about the safety of customers’ assets following the custodian’s failure. Some firms—many of which declare proudly that they are ‘Bitcoin only’—are in worse shape than others. “There are still many unknowns, but we intend to fight for our members that have funds locked up with Prime Trust,”tweetedCoinbits, a platform for buying, selling, and automatically saving in Bitcoin on Wednesday. Prime Trust was placed into receivership on Tuesday by the Nevada Financial Institutions Division due to years-long financial issues that were recently brought to light. Between losing old private keys and misappropriating user assets, the State’sfilingindicated that Prime Trust is over $82 million in the hole from fiat liabilities. While the company claimed to have a nearly solvent $68 million in digital assets to cover client’s crypto deposits, analysis byArkham Intelligenceindicates that the vast majority of these funds are held in an illiquid token called ‘AUDIO’. Only $7.5 million are held in Bitcoin. Nevertheless, Coinbits said Prime Trust “still has enough bitcoin to honor our members’ balances,” and plans to move towards a “no-custody solution” in the future. As of writing, most of the app’s service remains offline. Prime Trust Partner Banq Files for Bankruptcy Following BitGo Deal Meanwhile, Swan Bitcoin, another Bitcoin financial services company, is under fire from Bitcoiners after rapidly withdrawing all assets from Prime Trust weeks in advance of the custodian’s fallout. All Swan clients’ assets now rest with Fortress, a crypto custodian that happens to be led by Scott Purcell, the same CEO that led Prime Trust until January 2021. Before moving to Fortress, Purcell was CEO of Prime Trust partner Banq, which recently filed for bankruptcy due to mismanagement under his service,allegedthe company earlier this month. Many suspect that companies like Swan may be subject to clawbacks during Prime Trust’s bankruptcy process, despite withdrawing before its collapse. However, Swan CEO Cory Klippstenclaimsthat wouldn’t be possible due to “a century of trust legal structure precedent.”“If there were somehow going to be clawbacks (illegal, and contra a century of precedent), Swan would just make our users whole,” added Klippsten. FTX Restructuring Team Has Clawed Back $5B in Lost Assets Klippsten denied that Swan knew Prime Trust was insolvent before withdrawing, saying that the firm had been preparing to migrate away from the custodian for 9 months. Much like Swan, Bitcoin lightning wallet Strike narrowly escaped Prime Trust with users’ assets intact. However, rather than choosing a new custodian, the firmdecidedto take asset custody in house, unlocking some new features for users. When asked why Swan didn’t pursue a similar approach to Strike, Klippsten toldDecryptthat he suspects this approach will invite regulatory problems.“I don't think having the ledger/custody on the broker side is the answer because I expect regulations soon forcing the separation of brokerage and custody, which is required for the rest of the financial industry and is the best legal setup for users,” wrote Klippsten via DM.In terms of choices for custodians, the CEO said there are few options for “legally segregated, bankruptcy remote” trust accounts for individual users. “Prime Trust plus Fireblocks dominated for 3-4 years, and now all the fintechs have moved to Fortress plus BitGo,” he said. BitGo originally planned to acquire Prime Trust earlier this month, but laterbacked outof the deal.... - Reddit Posts (Sample): [['u/PRFinklemeister', 'Loan your Bitcoin and live tax free on debt?', 18, '2023-07-13 13:13', 'https://www.reddit.com/r/Bitcoin/comments/14yhyg2/loan_your_bitcoin_and_live_tax_free_on_debt/', 'So many ppl say they will do this but there are problems...\n\n* giving up custody of your coins is a recipe for disaster.\n\n* if btc does not appreciate aggressively this does not work. \n\nHow do people think this will be a good strategy?', 'https://www.reddit.com/r/Bitcoin/comments/14yhyg2/loan_your_bitcoin_and_live_tax_free_on_debt/', '14yhyg2', [['u/Halo22B', 17, '2023-07-13 13:24', 'https://www.reddit.com/r/Bitcoin/comments/14yhyg2/loan_your_bitcoin_and_live_tax_free_on_debt/jrsfviw/', '"good... bad" these are subjective terms. Each person has a unique situation. Taking out a Bitcoin backed loan could be a useful strategy to obtain assets (including income producing ones) for certain Bitcoiners....is it for everyone? Of course not. Is there risk? Obviously yes? Is it worth it? Only the individual can make that choice.', '14yhyg2']]], ['u/Andyham', 'Name 3 coins you have faith in for the next bull market', 28, '2023-07-13 13:44', 'https://www.reddit.com/r/CryptoCurrency/comments/14yilsa/name_3_coins_you_have_faith_in_for_the_next_bull/', 'In 2020 it was mostly DEFI and layer2 ETH competition got the attention, until meme coins and rug coin got all the headlines, before the entire market inevitabely came to a halt.\n\nWhat do you think will be the trend this time around (whenever the next bull market is in full swing, be that in 1 week or 2 years from now.\n\nAre you bullish on any of the popular coins from last time around? ADA, SOL, DOT? Still clinging to XLM, XTZ, VET? Any newcomers that will take the market with storm?\n\nThrow me your 3 best bets. Could be solid safe coins in top20 that will outperform BTC/ETH, or riskier outside of top 100 coins that will make Bitcoins inevitable 2x/3x from ATH look like a joke.', 'https://www.reddit.com/r/CryptoCurrency/comments/14yilsa/name_3_coins_you_have_faith_in_for_the_next_bull/', '14yilsa', [['u/liveaskings', 13, '2023-07-13 13:51', 'https://www.reddit.com/r/CryptoCurrency/comments/14yilsa/name_3_coins_you_have_faith_in_for_the_next_bull/jrsim23/', "Matic and Loopring for L2's as we will need more and more growth and then Quant.", '14yilsa'], ['u/liveaskings', 12, '2023-07-13 13:53', 'https://www.reddit.com/r/CryptoCurrency/comments/14yilsa/name_3_coins_you_have_faith_in_for_the_next_bull/jrsisgw/', 'BTC, BTC, BTC. The only sure thing.', '14yilsa']]], ['u/Lord-Nagafen', 'Crypto in the new Mission Impossible movie', 18, '2023-07-13 16:54', 'https://www.reddit.com/r/CryptoCurrency/comments/14yn0yh/crypto_in_the_new_mission_impossible_movie/', 'No major spoilers… Mission Impossible has jumped on the AI and crypto bandwagon. Crypto payment is held on a drive and it is referenced throughout the movie. Not as Bitcoin or Ethereum but just generically as crypto. There is also a strange scene where they are “Decrypting Blockchain” with a loading bar which mostly seemed to be for dramatic effect. According to the article linked below “Tom has trained with a crypto bro for weeks to get his terminology absolutely perfect.” \n\nWhat do you guys think about crypto popping up in movies? Seems to be the payment system for “criminals” and not casual usage. Still it helps keep crypto relevant and in the public lexicon. \n\n\nhttps://waterfordwhispersnews.com/2022/01/31/tom-cruise-to-explain-nfts-in-most-daring-mission-impossible-stunt-yet/', 'https://www.reddit.com/r/CryptoCurrency/comments/14yn0yh/crypto_in_the_new_mission_impossible_movie/', '14yn0yh', [['u/Kappatalizable', 13, '2023-07-13 16:56', 'https://www.reddit.com/r/CryptoCurrency/comments/14yn0yh/crypto_in_the_new_mission_impossible_movie/jrt6hzq/', 'What the Mission? Making profits?', '14yn0yh']]], ['u/TarkovRedditor', 'Alt Coin Rally on Security News', 61, '2023-07-13 18:02', 'https://www.reddit.com/r/CryptoCurrency/comments/14yor7u/alt_coin_rally_on_security_news/', 'All started with the headlines that dropped:\n\n" Ripple Sales of XRP Do Not Constitute Offer of Investment Contracts: Judge "\n\n" Ripple wins verdict that XRP is not a security, and judge also rules that institutional sales of XRP by Ripple were securities" per bloomberg\n\nThe document: [Link](https://storage.courtlistener.com/recap/gov.uscourts.nysd.551082/gov.uscourts.nysd.551082.874.0.pdf)\n\nhttps://preview.redd.it/oqakgb6d7rbb1.png?width=927&format=png&auto=webp&s=f9c8f5997ccc7137965e4ddd94937cc4b4c4070f\n\n# XRP rallied over +36% within Minutes\n\nhttps://preview.redd.it/lkqors6v7rbb1.png?width=2508&format=png&auto=webp&s=2a76a7deb506acb9645d0621e931c3b134db854b\n\nThe response & investor confidence is pretty clear taking a lookt at the chart. XRP pretty much blew up within minutes, rallying 36%, tons of traders jumping in almost doubling the amount of open trades globally. The market cap jumped from 25Bn to 32Bn.\n\nBut not just XRP caught a rally on the news\n\nBTC ripped through 31k liquidating millions of USD in shorts\n\nhttps://preview.redd.it/jlqutatt8rbb1.png?width=2560&format=png&auto=webp&s=abf6b8fa4706d16443ff8cee6ae978144257fba3\n\n# ADA jumped over +7%\n\nhttps://preview.redd.it/mhehgeyf8rbb1.png?width=2498&format=png&auto=webp&s=8ed23b625d1f50c2cecfd2c6dd87f32ad9e3b76d\n\n# MATIC over +8%\n\nhttps://preview.redd.it/gqnptz8k8rbb1.png?width=2501&format=png&auto=webp&s=e16cb305aaebc79f27c1a8d2d73880d932dfed74\n\n# SOLANA almost +15%\n\nhttps://preview.redd.it/p1jqauro8rbb1.png?width=2501&format=png&auto=webp&s=7fdfca286bc2cc565c80bc1f51ff58e0fd610fcc\n\n\n\n50 Million USD n shorts got liquidated within minutes\n\nhttps://preview.redd.it/a5whun049rbb1.png?width=786&format=png&auto=webp&s=bf2786d4c16dc4a66c47709f7d269b048b808eed\n\nAn important part of the paper is "The Southern District of New York concluded that Ripple’s Programmatic Sales and Other Distributions of XRP did not constitute the offer and sale of investment contracts. But Ripple’s Institutional Sales of XRP constituted the unregistered offer and sale of investment contracts in violation of Section 5 of the Securities Act"\n\n\n\nhttps://preview.redd.it/oes8x3ud9rbb1.png?width=733&format=png&auto=webp&s=52075aa2b6b358c1b7aaff39feb0b333614bdde7\n\n( The document: [Link](https://storage.courtlistener.com/recap/gov.uscourts.nysd.551082/gov.uscourts.nysd.551082.874.0.pdf) )\n\nReading through the document it\'s important to mention that this is NOT what the judge ruled, and the case is still going to trial, where that will still be up for debate.\n\nIt\'s important to keep in mind that XRP DID NOT WIN. This is a great step forward it but nothing set yet. I try to make it clear but please do not make any financial decisions without reading through the document or based on people spamming made up headlines on social media.', 'https://www.reddit.com/r/CryptoCurrency/comments/14yor7u/alt_coin_rally_on_security_news/', '14yor7u', [['u/ChemicalGreek', 67, '2023-07-13 18:04', 'https://www.reddit.com/r/CryptoCurrency/comments/14yor7u/alt_coin_rally_on_security_news/jrtgfwq/', 'This news is very good for alt coins that had been labeled as security by the SEC! They can basically refer to this law suit in theirs…', '14yor7u'], ['u/niwaniwan', 16, '2023-07-13 18:04', 'https://www.reddit.com/r/CryptoCurrency/comments/14yor7u/alt_coin_rally_on_security_news/jrtghwb/', 'We won, we fucking won lads. Whiskey is on me! We no longer have to wait for 2069 for the lawsuit to end with our grandchildren thinking we got heavy PTSD.', '14yor7u'], ['u/_s79', 16, '2023-07-13 18:05', 'https://www.reddit.com/r/CryptoCurrency/comments/14yor7u/alt_coin_rally_on_security_news/jrtgl9l/', 'Todays the day the bull run started.', '14yor7u'], ['u/TarkovRedditor', 17, '2023-07-13 18:21', 'https://www.reddit.com/r/CryptoCurrency/comments/14yor7u/alt_coin_rally_on_security_news/jrtiwmx/', 'It\'s important to remember that although it\'s a step into the right direction for transparency this isn\'t a "alt coins aren\'t a security" news ( yet? ) . XRP will still go to trial and the results are not 100% here ( yet ? )', '14yor7u']]], ['u/LisHere321', 'This is a glorious day for crypto which opens up for a BULLRUN!!!', 29, '2023-07-13 20:27', 'https://www.reddit.com/r/CryptoCurrency/comments/14ysg9z/this_is_a_glorious_day_for_crypto_which_opens_up/', '"XRP is not a security" this is not just bullish for XRP, this is bullish also bullish for almost all crypto which the SEC was sueing!\n\nThis landmark case will unleash a true crypto bullrun...maybe not immediately, but next year when the halving event is going to happen.\n\nThis bullrun will be very huge!!!\n\nMASSIVE MONEY INFLOW from everywhere:\n\n- big institutions! BlackROCK as biggest asset manager to join crypto\n\n- BlackROCK will buy the BTC from Coinbase (COINbase stock will rise a lot, too)\n\n- media starts to see crypto more positive (or at least less negative), so more new retail will come to crypto\n\n- SEC will be losing (almost) all their other cases, each lost will pump every coin, yes...every coin will pump!\n\nThe next bullrun (whenever it will start) will be so incredibly huge, it\'s just beyond our imagination. Those who invest just even a little into crypto will make massive gains. Don\'t forget to take profits by then.\n\nCongratulations to anyone who stood steadfast during this longest bear market. You will be very wealthy.', 'https://www.reddit.com/r/CryptoCurrency/comments/14ysg9z/this_is_a_glorious_day_for_crypto_which_opens_up/', '14ysg9z', [['u/StonedRex', 31, '2023-07-13 20:28', 'https://www.reddit.com/r/CryptoCurrency/comments/14ysg9z/this_is_a_glorious_day_for_crypto_which_opens_up/jru2av0/', 'People will FOMO like crazy now.', '14ysg9z'], ['u/Florian995', 28, '2023-07-13 20:35', 'https://www.reddit.com/r/CryptoCurrency/comments/14ysg9z/this_is_a_glorious_day_for_crypto_which_opens_up/jru3... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 surged on Friday morning in Asia to breach the US$31,000 resistance level, after Ripple Labs achieved apartial victoryin its three-year lawsuit against the U.S. Securities and Exchange Commission (SEC). The regulator\xa0 accused Ripple of offering XRP as an unregistered security. Along with Bitcoin, Ether and all other top 10 non-stablecoin cryptocurrencies logged considerable gains, with XRP spearheading the rally with a rise of over 70%. U.S. equity futures traded flat in the Asia time zone on Friday as investors await earnings reports from major U.S. banks. Thursday’s U.S. producer price index (PPI) has added to a sense that inflation is slowing in the country.\nBitcoin climbed 3.45% over the last 24 hours to US$31,463 as of 07:50 a.m. in Hong Kong for a weekly gain of 4.93%, according todatafrom CoinMarketCap. The world’s largest cryptocurrency reached a high of US$31,814 early Friday morning, the highest price since June 2022.\nIn asummary judgementon Thursday,\xa0 New York Southern District Court Judge Analisa Torres ruled that Ripple’s programmatic sales of the XRP token on public exchanges do not constitute securities, marking a partial victory for Ripple with the SEC. The regulator firstsuedthe San Francisco-based financial technology firm on the grounds that XRP constitutes a security in 2020.\nThe verdict came with a critical caveat, however.\xa0 The court ruled that Ripple’s XRP sales to institutional investors did violate securities laws.\nNonetheless, Ripple’s Chief Executive Officer Stuart Alderoty called the judgement “a huge win” in a Fridaytweet.\nAlderoty said that “the only thing the Court found constitutes an investment contract is past direct XRP sales to institutional clients.” Those transactions will now be subject to\xa0further court proceedings.\nDespite the overall optimism in the crypto community evidenced by the upswing in the market, there are also a number of industry voices sounding a note of caution.\nIn an emailed comment, CoinShares’ Head of Product Townsend Lansing said that the aspect of the ruling that identifies Ripple’s sales to institutional customers as a violation of\xa0securities law\xa0marks “a considerable victory for the SEC.”\nThe ruling will now set a precedent for legal action against other cryptocurrencies by regulators, he said.\n“It is important to note that institutional investors who purchased directly from Ripple may find themselves subject to class-action litigation as potential underwriters,” Lansing added. “This is an area to watch closely, especially if big-name venture capitalists were involved.”\nBut, while some sense of jeopardy remained for those involved, Justin d’Anethan, head of APAC business development at Belgium-based crypto market makerKeyrock, believes that the ruling had at least “shook investors in the best of ways.”\nElsewhere, Europe’s first Bitcoin exchange-traded fund (ETF) is set for a public listing this month. That follows a 12-month delay from the initially planned date, the Financial Timesreportedon Thursday.\nExperts have identified the listing as another potential catalyst for the crypto market.\n“With the talks of ETFs in the background, the idea that we could see products tracking many cryptocurrencies is not implausible and traders are naturally positioning themselves accordingly,” said Keyrock’s d’Anethan.\nLike Bitcoin, Ether surged 6.99% to US$2,004, moving up 7.69% for the week. The token is trading above US$2,000 for the first time since April.\nBoosted by the ruling on the SEC-Ripple case, all other top 10 non-stablecoin cryptocurrencies rose in the past 24 hours. Cardano’s ADA, Solana’s SOL and Polygon’s MATIC each logged two-digit gains.\nXRP, subject of the SEC’s lawsuit against issuer Ripple, jumped 72.75% to US$0.8142 and added 74.89% for the week. In doing so, it replaced Binance’s BNB as the third largest non-stablecoin cryptocurrency by market cap.\nThe total crypto market capitalization rose 6.19% in the past 24 hours to US$1.26 trillion, while trading volume jumped 95.72% to US$60.3 billion.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nThe mainForkast 500 NFT indexedged up 0.14% in the past 24 hours to 2,699.39 as of 09:55 a.m. in Hong Kong. Forkast’s Solana and Cardano NFT market indices also moved higher, while the Etheum and Polygon indices dropped.\nDespite the overnight rise in cryptocurrency prices associated with the Ripple ruling, total NFT sales volume dipped 1.72% in the past 24 hours to US$24.45 million, according to data fromCryptoSlam.\nAmong all NFT collections, Bitcoin-based $FRAM BRC-20 NFTs topped the 24-hour sales volume, edging up 0.31% to US$2.14 million. In doing so, it recorded over two thirds of the total volume on the Bitcoin network. Ethereum-based collections Bored Ape Yacht Club (BAYC) and the Captainz ranked second and third respectively.\nBAYC #1734, part of the BAYC collection, topped collectible sales in the past 24 hours. It was sold at 600 Ether (US$1.2 million) early Friday. As exciting as this big sale is, BAYC #1734 was previouslysoldat 800 Ether in January 2022.\n“This grail Bored Ape was sold at a huge loss, but the takeaway is that there is still a market for very high-priced NFTs, even in a bear market,” said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News.\nAs the bear market continues, Dapper Labs, the developer of hit NFT collections such asCryptoKittiesandNBA Top Shot,\xa0 announced thelayoffof 51 staff on Thursday — roughly 12% of its workforce.\n“The decision was incredibly difficult” but necessary to “ensure a lean and efficient” company, said Dapper Labs Chief Executive Officer Roham Gharegozlou in a letter to employees. It is the third round of layoffs at the company in the past 12 months. Those layoffs saw its workforce cut by22%in November 2022 and by a further20%in February this year.\nCool Cats Group, the Web3 company behind NFT collection Cool Cats,announceda partnership with game developer nWayPlay,\xa0 a subsidiary of Hong Kong-based software and investment giant Animoca Brands. Together, the two companies will develop a Web3 game set to be released between late 2023 and early 2024.\nU.S. stock futurestradedflat as of 11:50 a.m. in Hong Kong.\xa0 All three major U.S. indexes closed higher in regular Thursday trading, with the Nasdaq leading the gains with a 1.58% rise.\nThe U.S.producer price index(PPI) released Thursday recorded a 0.1% year-on-year rise for the month of June, down from 0.9% in May. The June figure is the smallest increase since August 2020.\nThe data is also well below analystexpectationsof a 0.4% annual increase in PPI. Combined with weakconsumer price indexdata released on Wednesday, the data points to a slowdown in U.S. inflation.\n“The better-than-expected inflation figures for June 2023 would suggest that policy is working to ease price pressures as higher interest rates reduce demand. Key payroll figures announced in early July also came in below expectations with the economy generating less jobs than expected in June,” said Keith Wade, chief economist & strategist at asset managementSchroders.\nHowever, given lingering inflation worries, Wade still expects the Federal Reserve to make another interest rate hike in July. The tight labor market and the potential for a reversal in the Fed’s monetary policy could, Wade said, trigger a rally in the bond market that would “loosen financial conditions.”\n“Given the efforts the Fed has made to convince markets they were serious about inflation and not about to pivot, this would seem to be too early,” said Wade.\nFederal Reserve Governor Christopher Waller said in a Thursdayspeechthat the Fed would need to “keep policy restrictive for some time” in order to reduce inflation below its 2% target. He said that he anticipates two more rate hikes by the end of the year.\n“I am more confident that the banking turmoil is not going to result in a significant problem for the economy, and I see no reason why the first of those two hikes should not occur at our meeting later this month,” said Waller.\nMeanwhile, a Wednesdayreportby financial comparison service company Bankrate showed that economists believe there is a 59% chance the U.S. economy will enter a recession inside the next twelve months. The report cited concern about the long-term economic impact of this year’s extended series of rate hikes.\nThe 59% figure is, however, a decrease on the64%chance given in April, and the lowest level in the past 12 months.\nThe Federal Reserve meets on July 26 to discuss its next move on rates, which now sit between 5% and 5.25%. TheCME FedWatch Toolpredicts a 92.4% chance the Fed will enact a 25-basis-point rate increase this month, and a 7.6% chance it will leave the rate unchanged.\nInvestors are now awaiting the release of second-quarter earnings reports from major financial institutions on Friday. The releases will include reports from JPMorgan Chase, Wells Fargo, Citigroup, BlackRock and more.\nElsewhere, main stock indexes across Asia traded higher on Friday morning. China’sShanghai Composite, Hong Kong’sHang Seng, Japan’sNikkeiand South Korea’sKospiall posted rises as of 12:30 p.m. in Hong Kong.\n(Updates with equity section.)', 'Bitcoin surged on Friday morning in Asia to breach the US$31,000 resistance level, after Ripple Labs achieved apartial victoryin its three-year lawsuit against the U.S. Securities and Exchange Commission (SEC). The regulator\xa0 accused Ripple of offering XRP as an unregistered security. Along with Bitcoin, Ether and all other top 10 non-stablecoin cryptocurrencies logged considerable gains, with XRP spearheading the rally with a rise of over 70%. U.S. equity futures traded flat in the Asia time zone on Friday as investors await earnings reports from major U.S. banks. Thursday’s U.S. producer pric Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-14 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $609,125,663,150 - Hash Rate: 321592673.5118464 - Transaction Count: 375859.0 - Unique Addresses: 678891.0 Social & AI Sentiment: - Fear & Greed Index: 0.60 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Francis X. Suarez, mayor of Miami, has filed to run for U.S. President. Known as the "Bitcoin Mayor," Suarez has previously said he wants Miami to be aglobal crypto hub, personallyinvesting in cryptoin the wake of the passage of the$1.9 trillion stimulus bill, and pushed to receive his government paycheck and 401k benefit plandenominated in Bitcoin. Suarezfiledas a Republican candidate today with the Federal Elections Commission, meaning he will be challenging former President Donald Trump for his party's nomination. Suarez joins a growing list of Republican presidential hopefuls looking to court the Bitcoin vote. Florida Governor and candidate for the GOP nominationRon DeSantisannounced that the state would accept Bitcoin as payment from businesses for state taxes last year, although the announcement did not include individuals. Desantis also signed a billbanningCentral Bank Digital Currency orCBDCin Florida in May. Ron DeSantis Tells Elon Musk Bitcoin Will Die If Joe Biden Is Reelected During a TwitterSpaces conversation with then Twitter CEO Elon Musk, DeSantis said the future of Bitcoin depended on currentU.S. President Joe Bidennot being reelected. “The current regime, clearly, they have it out for Bitcoin,” DeSantis said. “And if it continues for another four years, they’ll probably end up killing it.” Another Republican candidate seeking the Bitcoin vote is entrepreneur Vivek Ramaswamy, who, during the 2023 Bitcoin Conference, said Bitcoin should not be regulated as a security. But Republicans are not the only ones putting Bitcoin on their platform. Candidate for the Democratic Party presidential nomination Robert F. Kennedy, Jr. also appeared at the Bitcoin Conference to show his support for the digital asset, vowing to defend Bitcoin against “invasive surveillance.” "As President," Kennedy said, "I will make sure that your right to hold and use Bitcoin is inviolable, [and] I will defend the right of self-custody." Long-time Bitcoin advocate and former Twitter CEOJack Dorseyrecently came out in support of Kennedy, sharing a video of Kennedy saying that he can beat former President Donald Trump and Governor DeSantis with the comment, "He can and will."... - Reddit Posts (Sample): [['u/iaco56', '70% of my net worth is in crypto, anyone else?', 273, '2023-07-14 15:41', 'https://www.reddit.com/r/CryptoCurrency/comments/14zgsru/70_of_my_net_worth_is_in_crypto_anyone_else/', 'Hey friends, was curious if you think this is a good idea or a bad idea? Would love to hear your thoughts or suggestions or if you do something similar. I’m 27 so I figured I can withstand the risk of the crypto asset class. I’d love to DCA more but my income is strictly commission based so it’s hard to buy more in this tight economy currently. I’m planning on crypto being my ticket in the future aka get rich or die trying lol. \n\nHere’s the breakdown. \n70% in crypto. 52% Btc, 35% Eth, 10% Link, 3% other alts. \n\n15% in liquid cash for mortgage and bills etc.\n\n15% in stocks. IVV, ING, GBTC \n\nGot in November 2017 bullrun n got wrecked. Learned from my lesson to just hodl. I wish I took profits this past bullrun n rebought but I didn’t. Do you guys plan on taking profits n rebuying this next bull run or just hodl n forget about it? I’m so torn between the decision lol. I could’ve done well in past bull run if I just took profits and rebought but I got greedy n held watching those 4x portfolio gains disappear. Basically sitting slightly in green at the moment. What’s a good strategy to implement for next bull run? Any thoughts would be appreciated!', 'https://www.reddit.com/r/CryptoCurrency/comments/14zgsru/70_of_my_net_worth_is_in_crypto_anyone_else/', '14zgsru', [['u/KadienAgia', 15, '2023-07-14 16:49', 'https://www.reddit.com/r/CryptoCurrency/comments/14zgsru/70_of_my_net_worth_is_in_crypto_anyone_else/jrxwg8v/', 'This is an absolute disaster waiting to happen FYI', '14zgsru']]]]... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Don’t look now, but the S&P is only 5% below its all-time high.\nSource: StockCharts.com\nHowever, a lot has been made about the uneven gains so far this year.\nAs we’ve pointed out here in theDigest, the Big Tech/AI trade has exploded. And given the heavy weighting of these stocks in the S&P, their gains have hoisted the returns of the broad market. This has masked the underwhelming performance of the average stock in the S&P.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nWell, we’re seeing the gains begin to broaden.\nWithin the S&P, the percentage of stocks now above their 50-day moving average (MA) is 84%. Even if we look at stocks trading above their longer-term 200-day MA, that percentage comes in at 73%. Both percentages are encouraging.\nMeanwhile, there’s positive momentum on the S&P’s Advance/Decline Line. For anyone less familiar, this is a breadth indicator that looks at the difference between the number of stocks rising versus those falling. It heads higher when advances exceed declines.\nAs you can see below, it’s making new all-time highs.\nSource: StockCharts.com\nFinally, there’s the New Highs/New Lows Indicator. As the name suggests, it compares the number of stocks hitting new 52-week highs to those falling to new 52-week lows.\nAs you can see, it appears we’re on the cusp of edging out the high from February.\nSource: StockCharts.com\nBottom line: The bullishness is broadening.\nYes, there’s the inverted yield curve… yes, data suggest the U.S. consumer is running on fumes … yes, elevated interest rates will continue to dry up credit… yes, the risk of a recession still lingers…\nBut here and now, stocks want to go up. So, as we’ve been saying in the Digest, trade it while the trading’s good.\nThanks to everyone who wrote in. We love getting these reader perspectives.\nWhile there were good points made for, and against, a recession, here’s one perspective I found especially interesting. Thanks to Patty B. for sharing these thoughts:\nFirst, I tend to believe the Yield Curve isn’t relevant right now simply because the Fed is manipulating Bond prices and yields in order to scare people.\nMy Blue-Collar intuition tells me the most important factors in the economy right now are inflation, interest rates, and AI. The stickiness of core CPE leads me to think we’ll see elevated rates for longer than expected. In turn, the end of ZIRP combined with AI will probably lead to a lot of Creative Destruction.\nAnd rather than a recession or a Rising Tide, we’ll see a Volatile, Zero-Sum, K-Shaped economy and market. In other word, we’ll have a boom and bust at the same time.\nThose who choose stocks wisely— and watch their stops—will prosper. Those who Buy and Hold a classic diversified portfolio will suffer. Thanks for listening.\nI believe there’s wisdom in Patty’s perspective – especially the idea of a K-shaped economy/market, which echoes our frequently-referenced idea that the market isn’t a big monolith that rises and falls in unison. Rather, it’s made up of thousands of different stocks with wildly different fortunes and fates.\nIt reminds me of what long-time Digest readers will remember as the “Technochasm.”\nTheTechnochasmwas our macro expert Eric Fry’s term to describe the stark — and expanding — wealth gap in the United States that’s, in large part, driven by technology.\nHow much wider will this chasm be with the introduction of Artificial Intelligence (AI)? And not just in the stock market, but as Patty pointed out, for the economy as well?\nTo what extent will AI eliminate certain jobs, funneling those cost savings to the small group of upper-level managers who watch their net worths explode?\nBy extension, if you invest in those companies, how much more will your net worth grow compared to investors who don’t align their portfolios with this AI-advantage?\nEarlier this spring, we highlighted an illustration of this stark Technochasm-divide with the student education company Chegg. Following a downbeat earnings report, Chegg’s CEO admitted that ChatGPT was negatively influencing its business. The stock imploded 48% in a single day and hasn’t recovered since.\nMeanwhile, take Nvidia, the poster child for AI. It has soared this spring based on astonishing demand for its AI-enabling semiconductor chips.\nHere’s a comparison of Chegg versus Nvidia since late-April. Chegg is down 50% while Nvidia is up 76%.\nAnd that cavernous expanse between them?\nThat’s the Technochasm.\nSource: StockCharts.com\nNow, yes, as we pointed out at the beginning of this Digest, we are seeing today’s bullishness widen across an increasing number of stocks. But there’s an enormous difference between investors broadening their market exposure and the sustained outperformance of a company fueled by AI-technology.\nBottom line: The Technochasm is very real and will only widen from here thanks to AI. Make sure you’re on the right side of it. To better understand exactly how to do that,check out Eric’s research video on the Technochasm right here.\nThanks again to Patty for the feedback.\nBitcoin got off to an explosive start in 2023, erupting about 85% by mid-April. This strength paved the way for some monster gains from various altcoins, such as Solana, which tacked on 160% gains by late-February.\nBut then SEC Chair/super-hawk Gary Gensler decided to attack the industry.\nHere’s our crypto expert and the editor ofUltimate Crypto, Luke Lango, with what happened – and more importantly, how the situation is playing out:\nIn late May, a major risk emerged to the boom cycle thesis when the U.S. SEC brought down the regulatory hammer and chased a few key market-makers out of the industry.\nLiquidity got crushed, and cryptos suffered.\nIn our opinion, this risk has been fully resolved, and the boom cycle is back “on.”\nOne of the bullish developments that gives Luke confidence in this assessment is the recent wave of spot Bitcoin ETF filings. One, it shows that institutional interest isn’t flagging despite Gensler’s hawkishness. Two, as Luke points it, this all but ensures a huge increase in crypto liquidity.\nBack to Luke:\nOne – if not multiple – of these ETF filings will be approved. When approved, a Bitcoin ETF will dramatically increase the amount of money flowing into the crypto industry.\nJust consider this fun fact: In its storied history, BlackRock (BLK) has filed for 550 funds.\xa0All but one of them have been approved. That’s a 99.8% success rate.\nWe like those odds.\nInevitably, one of these Bitcoin ETF filings will get approved. And when it starts trading, a ton of money will flow into it and, by extension, the whole crypto industry.\nA judge in the Southern District of New York ruled that the altcoin Ripple (XRP) is “not necessarily a security on its face.”\nThis is a major win for the crypto sector in the face of Gensler’s recent attacks.\nHere’s how Chris Martin, head of research at the crypto shop Amberdata puts it:\nBy judging that XRP is not a security we’re starting to get clarity on what constitutes a security and what constitutes a commodity — the SEC will have to revise their tactics on several of their ongoing cases and I expect that this judgment will implicate several other tokens as non-securities.\nThe immediate impact is we saw a price breakout in bitcoin last night as the crypto pushed north through $31,000.\nWhen we look at its chart here in 2023, we saw an ascending triangle pattern, and it appears it’s trying to break out after consolidating all spring.\nSource: StockCharts.com\nGiven that bitcoin’s market performance continues to lead the way for the rest of the sector, if this breakout continues, Luke believes we’ll see broadening bullishness from top-tier altcoins. And this has him looking to add new coins to his portfolio in preparation.\nBottom line: If it’s been a while since you’ve thought about crypto, give it a fresh look as the sector appears poised for a new leg higher. And to join Luke inUltimate Cryptoto learn which altcoins he’s adding to the portfolio,click here.\nHere’s Luke to take us out:\nWe have re-strengthened conviction in our Fourth Crypto Boom Cycle thesis, and as a result, we are\xa0preparing to go on a crypto shopping spree very soon.\nWe have previously discussed the various reasons this looks and feels a lot like the start of a new boom cycle for cryptos, including the depth and length of the previous bear market crash, the price action on the breakout, the price of BTC relative to key on-chain metrics, the halving event in early 2024, and more.\nAll the dots have connected, if you will, in a manner that suggests this is the start of a multi-year bull run in cryptos…\nThe fundamental and technical outlook for the crypto markets has become increasingly bullish.\nIt’s time to buy.\nHave a good evening,\nJeff Remsburg\n• ChatGPT IPO Could Shock the World, Make This Move Before the Announcement\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• The $1 Investment You MUST Take Advantage of Right Now\n• The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors\nThe postWeâ\x80\x99re Not Far from All-Time Highsappeared first onInvestorPlace.', "Lucas Jackson/Reuters US stocks were mixed on Friday but closed higher for the week as investors cheered a cooler June inflation report. Second-quarter earnings kicked off on Friday with JPMorgan, Wells Fargo, and BlackRock all beating analyst estimates. Investors are expecting the latest earnings season to represent a trough for corporate profits. US stocks were mixed on Friday but traded solidly higher for the week as investors got their first taste of second-quarter earnings results and cheered an upbeat June inflation report. The S&P 500 rose 2.5% for the week while the tech-heavy Nasdaq 100 jumped more than 3%. The cooler June CPI report recalibrated futures expectations, with investors now pricing in just one more interest rate hike from the Federa Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-15 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $589,354,741,075 - Hash Rate: 369831574.5386234 - Transaction Count: 484980.0 - Unique Addresses: 732135.0 Social & AI Sentiment: - Fear & Greed Index: 0.56 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin rose on Wednesday morning in Asia as all top 10 cryptocurrencies traded higher after strong gains on Wall Street amid signs the U.S. economy is in stronger shape than expected. Additionally, more traditional financial institutions are venturing into the U.S. digital asset industry, with asset manager Fidelity reportedly preparing for a spot Bitcoin exchange-traded fund (ETF) application. All top 10 cryptos rise Bitcoin climbed 1.3% to US$30,606 over the last 24 hours to 7:10 a.m. in Hong Kong, according to data from CoinMarketCap. The world’s largest cryptocurrency by market capitalization is up 8.51% over the past seven days. Ether rose 1.63% to US$1,887 for a gain of 5.61% for the week. All top 10 non-stablecoin cryptocurrencies traded higher, with Polygon leading the gains on a 3.26% jump and a 5.96% weekly gain. Fidelity is close to filing an application for a spot Bitcoin ETF in the U.S., The Block news site reported on Tuesday, citing a source familiar with the matter. This follows a wave of U.S. spot Bitcoin ETF applications submitted by asset managers this month, including BlackRock , WisdomTree , Invesco and Bitwise, indicating institutions are confident in the profit potential in digital assets. However, all the applications will need approval from the Securities and Exchange Commission and Fidelity’s previous attempt to offer a spot Bitcoin ETF in the U.S. in 2021 was rejected. It did however launch the Fidelity Advantage Bitcoin ETF in Toronto, Canada, in December 2021. The ETF has risen 75% since the beginning of this year. Investors are also reacting to reports HSBC, one of the world’s top 10 banks, is reportedly offering Bitcoin and Ether futures ETFs on its investment platform for bank customers in Hong Kong. HSBC did not respond to requests seeking clarification on exactly when the products became available to clients as they were listed on the Hong Kong stock exchange in December. However, the development is seen as significant as the bank has traditionally been frosty toward cryptocurrencies, preventing clients from transferring funds from HSBC accounts directly to crypto exchanges. Story continues “Although these crypto ETFs [in Hong Kong] are based on CME futures and are not physically backed like many of the [exchange traded products] in Europe, this is certainly very positive news for investors in the region who want to get regulated exposure to price movements in Bitcoin and Ethereum,” Bradley Duke, co-CEO at Europe-based ETC Group, said in an emailed statement. The total cryptocurrency market cap rose 1.21% to US$1.19 trillion, with trading volume dropping 8.08% to US$35.49 billion, according to CoinMarketCap data. Azuki Elementals NFTs take off The indexes are proxy measures of the performance of the global NFT market. They are managed by CryptoSlam , a sister company of Forkast.News under the Forkast.Labs umbrella. In the non-fungible token (NFT) market, the Forkast 500 NFT index dipped 0.79% to 2,876.23 in the 24 hours to 8:30 a.m. in Hong Kong. The index is down 0.72% for the week. The decline was mainly driven by the Forkast ETH NFT Composite, which fell 1.54%, said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News. “This may reflect traders selling their existing assets to buy the new Azuki Elementals collection,” Petscher added. “It also reflects a major sell-off in the main Azuki and Beanz collections, as traders had been buying those in order to have a shot at the [Elementals] presale [on Tuesday].” NFT trading volume on Ethereum jumped 307% to US$67.19 million over the past 24 hours, while volume on the Bitcoin network fell 81.61% to US$1.56 million, according to CryptoSlam data . “As expected, Azuki exploded and gave Ethereum its biggest day of sales volume of the year,” Petscher said, adding that with wash trades removed, it should be the most sales since May 2022 when Otherdeeds NFTs were minted. Notably, CryptoSlam’s top four collections by trading volume are all Azuki-related collections. The new Azuki Elemental Beans collection saw total transactions of about US$36.36 million with the new Azuki Elementals recording US$4.87 million. “It’s worth noting that these big volume days may be healthy, but big mints also extract liquidity from the ecosystem,” Petscher said Tuesday on Twitter. “Will we see some big secondary sales that then flow back into existing projects or will this be another cycle of liquidity being extracted?” Asia stocks mixed, China industrial profits sink Chinese Premier Li Qiang. Image: Getty Images Asia equity markets were mixed on Wednesday morning following Wall Street’s overnight rally mainly driven by rebounding home sales and strengthened consumer confidence . However, U.S. stock futures edged lower as of 10:50 a.m. in Hong Kong. Dow Jones Industrial Average futures dipped 0.04%, S&P 500 futures slipped 0.16%, and Nasdaq Futures dropped 0.36%. In China, profits at industrial firms sank 18.8% in the first five months of this year, on the back of a slowing post-Covid economic recovery, according to official data released Wednesday. Premier Li Qiang said at the so-called Summer Davos Forum on Tuesday in China that the country was still on track to hit its annual growth target of around 5%. “GDP grew by 4.5% in the first quarter year-on-year, and is expected to expand faster in the second quarter than in the first,” Li said. Elsewhere in the region, South Korea’s consumer sentiment index climbed in June to beat expectations and reach the highest since May last year. In Australia inflation eased more than expected in May. Its monthly consumer price indicator rose 5.6% in the 12 months to May, the smallest increase since April 2022, the Australian Bureau of Statistics (ABS) data showed Wednesday “While prices have kept rising for most goods and services, many increases were smaller than we have seen in recent months,” Michelle Marquardt, head of prices statistics at the ABS, said in a Wednesday statement . While the economic indicators out of the U.S. this week showed the economy is holding up despite inflation and higher interest rates, investors will hear more from Federal Reserve Chairman Jerome Powell when he speaks at events in Europe. Last week he said there may be more rate increases this year in the U.S. Powell will speak at the European Central Bank Forum in Sintra, Portugal, on Wednesday and again on Thursday at the Banco de España Fourth Conference on Financial Stability in Madrid, Spain. U.S. interest rates are now between 5% and 5.25%, the highest since 2006. The CME FedWatch Tool predicts a 76.9% chance for another 25-basis-point rate hike, and a 23.1% chance the Fed will leave rates unchanged at the next meeting on July 26. (Updates to add South Korea data in equities section.)... - Reddit Posts (Sample): [['u/karmassacre', "I've never met a single person who understood bitcoin that didn't support it", 537, '2023-07-15 13:50', 'https://www.reddit.com/r/Bitcoin/comments/150a1e8/ive_never_met_a_single_person_who_understood/', "That's it. That's the post.", 'https://www.reddit.com/r/Bitcoin/comments/150a1e8/ive_never_met_a_single_person_who_understood/', '150a1e8', [['u/konokonohamaru', 86, '2023-07-15 14:25', 'https://www.reddit.com/r/Bitcoin/comments/150a1e8/ive_never_met_a_single_person_who_understood/js23y3d/', "I never met someone who understands and hates it. But I have met people who understand it and yet are still skeptical. For the most part, it's because they don't think the fiat system is that bad. They are all people who have done very well for themselves financially. Unsurprising then that they don't think the current system needs fixing.", '150a1e8'], ['u/IAmBullsaw', 20, '2023-07-15 16:21', 'https://www.reddit.com/r/Bitcoin/comments/150a1e8/ive_never_met_a_single_person_who_understood/js2hbqx/', "Yeah Im sure it's great, I'll join as soon as I'm able. Still, some bitcoiners are too weird for my taste, I'm probably one of them hah, but I'd love to talk Bitcoin irl without just hearing my partner complain that I talk too much and she's not interested.", '150a1e8']]]]... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["\x91I didn\x92t see the warning signs\x92: This retired San Antonio man says his wife was scammed by a \x91romantic interest\x92 online \x97 and he\x92s willing to pay up. Here\x92s what Dave Ramsey told him After a retired San Antonio man found out his wife had been the victim of an online fraudster, the news went from bad to worse: She willingly gave her money away to a \x93romantic interest.\x94 Now she\x92s on the hook for loans and credit card payments \x97 to the tune of about $50,000 \x97 at a time when the couple should be enjoying their golden years. Don't miss Commercial real estate has outperformed the S&P 500 over 25 years. Here's how to diversify your portfolio without the headache of being a landlord This janitor in Vermont built an $8M fortune without anyone around him knowing. Here are the 2 simple techniques that made Ronald Read rich \x97 and can do the same for you Millions of Americans are in massive debt in the face of rising rates. Here's how to get your head above water ASAP His wife sent small amounts of cash to a fraudster posing as a romantic interest via credit cards and gift cards, totaling between $9,000 and $10,000. But she was also manipulated into taking out two installment loans for $23,500 and $17,500. \x93I have a bunch of people tell me, \x91I would divorce her,\x92 but I\x92m not going to throw away 25 years (of marriage),\x94 the husband told best-selling author and personal finance expert Dave Ramsey on an episode of The Ramsey Show . Instead, they\x92re going to couples therapy, and the husband is making a \x93concerted effort to get this thing turned around financially and emotionally.\x94 Moving forward after a romance scam Romance scams are surprisingly common: In 2022, some 70,000 people reported they were a victim of a romance scam, according to the Federal Trade Commission, with reported losses totalling $1.3 billion. And those numbers only include those who reported being scammed; many people are too embarrassed to admit it. While the caller on The Ramsey Show can at least talk about what happened, he now has to find a way forward. Both he and his wife are retired and in their mid-70s. While they have retirement savings, their annual household income averages around $69,000. Story continues The first step, according to Ramsey, is to write a check for the smaller \x93credit card mosquitoes\x94 and close those accounts . That\x92s a gesture on the husband\x92s part \x93towards the healing that you\x92re searching for,\x94 says Ramsey. While this helps to avoid accrued interest, it\x92s also better for the husband\x92s mental state, since every time he writes a check to cover his wife\x92s debts, it \x93picks at the scab\x94 and reopens the wound of discovering an emotional affair. But Ramsey recommends holding off on paying the two larger loans while the couple goes to therapy, because \x93somehow you\x92ve got to get some checks and balances and start to incrementally rebuild trust.\x94 In situations like these, you\x92ll always be wondering in the back of your mind if it\x92ll happen again. \x93You\x92ve got to know that this is solid going forward before you write any more big checks,\x94 he says. While it\x92s a conversation the couple needs to have with their therapist, Ramsey recommended that the wife go back to work \x97 if she\x92s in good health \x97 to pay off the two installment loans. While most retirees don\x92t exactly want to go back to work in their mid-70s, this isn\x92t just about coming up with a financial solution. Rather, says Ramsey, it\x92s about taking responsibility for the emotional affair and earning back her partner\x92s trust. Read more : 3 big mistakes people make with cash back credit cards that cost them every time they swipe How to spot a romance scam Elderly divorcees and widows aren\x92t the only ones who fall prey to romance scams. Anyone who is lonely or vulnerable can be a target, including people experiencing marital problems. Romance scammers typically use social media platforms to gather details about potential targets. Then, they create a fake online identity. It\x92s the online version of a con artist, who uses the illusion of love or romance to manipulate the victim into sending money (or, in some cases, sending compromising photos which could later be used to blackmail the victim for money). While some romance scammers use online dating sites, most scams start with unsolicited private messages over social media platforms. Oftentimes, the scammer will ask to move the conversation to a messaging app like WhatsApp or Google Chat. They often tell their prey that they\x92re currently out of the country. \x93That makes it easier to avoid meeting in person \x97 and more plausible when they ask for money for a medical emergency or unexpected legal fee,\x94 according to the FBI. For example, they may claim to be stationed at a military base abroad or working at an offshore oil rig. Or, in a newer type of romance scam , they may claim to be a cryptocurrency investor, manipulating their prey into investing with cryptocurrency like Bitcoin or Ethereum (which is untraceable). Generative AI like ChatGPT will make it even easier for fraudsters to juggle multiple victims, even writing personalized scripts. However, there\x92s a common thread in all of these scams: The fraudster makes plans to meet the victim in person \x97 and may even propose marriage \x97 but always has an excuse for why that meet-up can\x92t happen. Tips for preventing a romance scam More than 60% of reported scams involve either by cryptocurrency or by bank wire, according to the Federal Trade Commission, but gift cards are the most frequently reported scam. Coming up with this money could mean taking out a loan \x97 as was the case with the wife of the caller on The Ramsey Show . While the husband \x93didn\x92t see the warning signs,\x94 there are ways you can protect yourself (or a loved one) from romance scams: Don\x92t post too many personal details online. Scammers can use that information to target you. If a stranger sends you a private DM, proceed with caution. Do a reverse image search of the person\x92s profile pictures to see if the details match up. Be wary if the person always has an excuse for why they can\x92t meet in person. Don\x92t provide your bank account information, wire money or send cryptocurrency to anyone you meet online. If you suspect you\x92ve been defrauded, your bank may be able to cancel a transfer before it happens \x97 otherwise, you\x92re on the hook. File a complaint with the FBI\x92s Internet Crime Complaint Center (IC3) . In the case of the caller on The Ramsey Show , it will be more complicated if your marriage partner falls prey to a romance scam and you only find out about it after it\x92s too late. But that\x92s a bigger issue that may require a therapist \x97 or a divorce lawyer. What to read next The US dollar has lost 98% of its purchasing power since 1971 \x97 invest in this stable asset before you lose your retirement fund 'Hold onto your money': Jeff Bezos says you might want to rethink buying a 'new automobile, refrigerator, or whatever' \x97 here are 3 better recession-proof buys A 50-year-old Mom on Reddit emptied her daughter's college fund to keep her Malibu dream house \x97 the teen is 'furious.' 4 tips to retire comfortably without raiding your kid's account This article provides information only and should not be construed as advice. It is provided without warranty of any kind.", "After a retired San Antonio man found out his wife had been the victim of an online fraudster, the news went from bad to worse: She willingly gave her money away to a “romantic interest.”\nNow she’s on the hook for loans and credit card payments — to the tune of about $50,000 — at a time when the couple should be enjoying their golden years.\n• Commercial real estate has outperformed the S&P 500 over 25 years. Here's how to diversify your portfoliowithout the headache of being a landlord\n• This janitor in Vermont built an $8M fortune without anyone around him knowing. Here arethe 2 simple techniques that made Ronald Read rich— and can do the same for you\n• Millions of Americans are in massive debt in the face of rising rates. Here'show to get your head above water ASAP\nHis wife sent small amounts of cash to a fraudster posing as a romantic interest via credit cards and gift cards, totaling between $9,000 and $10,000. But she was also manipulated into taking out two installment loans for $23,500 and $17,500.\n“I have a bunch of people tell me, ‘I would divorce her,’ but I’m not going to throw away 25 years (of marriage),” the husband told best-selling author and personal finance expert Dave Ramsey on anepisodeofThe Ramsey Show.\nInstead, they’re going to couples therapy, and the husband is making a “concerted effort to get this thing turned around financially and emotionally.”\nRomance scams are surprisingly common: In 2022, some 70,000 people reported they were a victim of a romance scam,according tothe Federal Trade Commission, with reported losses totalling $1.3 billion. And those numbers only include those whoreportedbeing scammed; many people are too embarrassed to admit it.\nWhile the caller onThe Ramsey Showcan at least talk about what happened, he now has to find a way forward. Both he and his wife are retired and in their mid-70s. While they have retirement savings, their annual household income averages around $69,000.\nThe first step, according to Ramsey, is to write a check for the smaller “credit card mosquitoes” andclose those accounts. That’s a gesture on the husband’s part “towards the healing that you’re searching for,” says Ramsey.\nWhile this helps to avoid accrued interest, it’s also better for the husband’s mental state, since every time he writes a check to cover his wife’s debts, it “picks at the scab” and reopens the wound of discovering an emotional affair.\nBut Ramsey recommends holding off on paying the 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: 2023-07-16 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $589,669,522,300 - Hash Rate: 415390536.6194682 - Transaction Count: 595145.0 - Unique Addresses: 732664.0 Social & AI Sentiment: - Fear & Greed Index: 0.57 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Fidelity, the investment management company with $4.5 trillion in assets under management, hassubmitted paperworkfor the Wise Origin Bitcoin Trust, a spotBitcoinETF, two weeks after the iShares division of BlackRock filed for the iShares Bitcoin Trust. The US Securities and Exchange Commission (SEC) had earlier denied Fidelity's application for the Wise Origin Bitcoin Trust in 2021. Invesco and WisdomTree have submitted their applications sinceBlackRock's spot ETF filingon June 15,while Ark Investhas modified its prior filing and is in front of the pack. Fidelity's paperwork also includes a "surveillance sharing agreement" with a yet-to-be-named U.S. spot-based Bitcoin exchange, designed to ease SEC concerns about market manipulation. Fidelity cited losses incurred by cryptocurrency investors recently as a result of custodian and controlled exchange bankruptcies and claimed that a spot Bitcoin ETF would have protected "countless investors." The SEC has yet to make a decision regarding any of the new applications, and the SEC’s decision on BlackRock’s ETF filing could take until early next year. According to CoinMarketCap data,BTCremains around the $30.5K level after the news.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["A new protocol that lets people create and share digital objects on Ethereum has hit a major setback, according to its creator, who said the Ethscriptions main marketplace had been hacked. Launched last month by Tom Lehman, co-founder and former CEO of Genius.com, Ethscriptions is a novel way to create Ethereum assets that leverage transaction “calldata” to write non-financial data to the network’s blockchain. The Ethscriptions’ protocol itself and other applications that tap the technology haven’t been impacted, Lehman said. Yet, a sizable number of Ethscriptions listed on Ethscriptions.com have been stolen, Lehman said on Twitter on Friday. “About 123 individual addresses lost a total of about 202 ethscriptions in this exploit,” he said. “Any young protocol will have bumpy landings, but this is definitely not what I meant.” https://t.co/ZcR9HKlexS Marketplace Security Incident Update In this Tweet I’m going to walk you through how the exploit happened and what we are doing about it. First, to be clear, this was not a vulnerability in the Ethscriptions Protocol. This was a vulnerability in one… pic.twitter.com/i5Q0W2PRMQ — Middlemarch (@dumbnamenumbers) July 12, 2023 In terms of value, it’s unclear exactly how much was lost in connection with the exploit. But according to data from NFT marketplace OpenSea , some inscriptions have sold for as much as 5 Ethereum or around $9,600 in the past month. Lehman told Decrypt that, regarding the Ethscriptions lost, “it’s all terrible,” but he specifically lamented the theft of Ethscription #56 , describing it as “brutal” and pointing to the rarity often ascribed to earlier artifacts. The exploit also has a particular sting, Lehman said, because it was meant to serve as an example that other marketplaces building out support for Ethscriptions could lean on. Story continues “The purpose of the marketplace was basically to help show other people how to create marketplaces and help build an ecosystem,” he said. “Unfortunately, we fell on our face in that area.” Lehman claimed responsibility for the failure, explaining the exploit could be traced to a smart contract that he and Indelible Labs co-founder Michael Hirsch created. A snippet of code allowed people to withdraw Ethscriptions that they didn't own from the marketplace. “Part of the challenge with this new protocol is that you save a bunch of money from limiting the use of smart contract storage, but then you have to be more strategic surrounding how you use contracts in cases like marketplaces,” he said. “You have to figure out a way to either give smart contracts information or make it so smart contracts don’t need that information.” The Ethscriptions.com marketplace will be relaunched once necessary changes are made to the protocol itself, according to Lehman, who said he’s been in contact with many of those impacted by the exploit. He praised them on Twitter as “the earliest adopters” of the Ethscriptions protocol. Ethscriptions are distinct compared to traditional NFTs, stored in transaction-level data as opposed to being tokens issued on Ethereum by smart contracts, like in the case of the ERC-721 token standard. According to a Dune Analytics dashboard , around 474,000 Ethscriptions have been created so far. The protocol’s emergence follows Ordinals’ rise in popularity, used for creating NFT-like assets on Bitcoin, which has led to a new wave of experimentation with crypto’s oldest coin. Lehman drew attention to the exploit on July 14. Days later, a disclaimer about the impacted state of the marketplace remains. A warning on Ethscriptions.com reads, “There is an issue with the marketplace contract! Withdraw your Ethscriptions and do not create new listings!”", "A new protocol that lets people create and share digital objects on Ethereum has hit a major setback, according to its creator, who said the Ethscriptions main marketplace had been hacked. Launched last month by Tom Lehman, co-founder and former CEO of Genius.com, Ethscriptions is a novel way to create Ethereum assets that leverage transaction “calldata” to write non-financial data to the network’s blockchain. The Ethscriptions’ protocol itself and other applications that tap the technology haven’t been impacted, Lehman said. Yet, a sizable number of Ethscriptions listed on Ethscriptions.com have been stolen, Lehman said on Twitter on Friday. “About 123 individual addresses lost a total of about 202 ethscriptions in this exploit,” he said. “Any young protocol will have bumpy landings, but this is definitely not what I meant.” https://t.co/ZcR9HKlexS Marketplace Security Incident Update In this Tweet I’m going to walk you through how the exploit happened and what we are doing about it. First, to be clear, this was not a vulnerability in the Ethscriptions Protocol. This was a vulnerability in one… pic.twitter.com/i5Q0W2PRMQ — Middlemarch (@dumbnamenumbers) July 12, 2023 In terms of value, it’s unclear exactly how much was lost in connection with the exploit. But according to data from NFT marketplace OpenSea , some inscriptions have sold for as much as 5 Ethereum or around $9,600 in the past month. Lehman told Decrypt that, regarding the Ethscriptions lost, “it’s all terrible,” but he specifically lamented the theft of Ethscription #56 , describing it as “brutal” and pointing to the rarity often ascribed to earlier artifacts. The exploit also has a particular sting, Lehman said, because it was meant to serve as an example that other marketplaces building out support for Ethscriptions could lean on. Story continues “The purpose of the marketplace was basically to help show other people how to create marketplaces and help build an ecosystem,” he said. “Unfortunately, we fell on our face in that area.” Lehman claimed responsibility for the failure, explaining the exploit could be traced to a smart contract that he and Indelible Labs co-founder Michael Hirsch created. A snippet of code allowed people to withdraw Ethscriptions that they didn't own from the marketplace. “Part of the challenge with this new protocol is that you save a bunch of money from limiting the use of smart contract storage, but then you have to be more strategic surrounding how you use contracts in cases like marketplaces,” he said. “You have to figure out a way to either give smart contracts information or make it so smart contracts don’t need that information.” The Ethscriptions.com marketplace will be relaunched once necessary changes are made to the protocol itself, according to Lehman, who said he’s been in contact with many of those impacted by the exploit. He praised them on Twitter as “the earliest adopters” of the Ethscriptions protocol. Ethscriptions are distinct compared to traditional NFTs, stored in transaction-level data as opposed to being tokens issued on Ethereum by smart contracts, like in the case of the ERC-721 token standard. According to a Dune Analytics dashboard , around 474,000 Ethscriptions have been created so far. The protocol’s emergence follows Ordinals’ rise in popularity, used for creating NFT-like assets on Bitcoin, which has led to a new wave of experimentation with crypto’s oldest coin. Lehman drew attention to the exploit on July 14. Days later, a disclaimer about the impacted state of the marketplace remains. A warning on Ethscriptions.com reads, “There is an issue with the marketplace contract! Withdraw your Ethscriptions and do not create new listings!”", 'Good morning. Here’s what’s happening:\nPrices:Positive events spurred a crypto market boost and altcoin rally, although the subsequent corrections were to be expected, a crypto fund manager said. BTC is holding comfortably above $30K.\nInsights:The robust influx into Toronto\'s Purpose Bitcoin ETF indicates a high retail demand for such products, signaling promise for U.S. companies with pending BTC applications with the SEC.\nCoinDesk Market Index (CMI)\n1,268\n−4.5▼0.4%\nBitcoin (BTC)\n$30,298\n+11.7▲0.0%\nEthereum (ETH)\n$1,927\n−5.2▼0.3%\nS&P 500\n4,505.42\n−4.6▼0.1%\nGold\n$1,958\n−2.5▼0.1%\nNikkei 225\n32,391.26\n−28.1▼0.1%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,268", "\\u22124.5\\u25bc0.4%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$30,298", "+11.7\\u25b20.0%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,927", "\\u22125.2\\u25bc0.3%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,505.42", "\\u22124.6\\u25bc0.1%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,958", "\\u22122.5\\u25bc0.1%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["32,391.26", "\\u221228.1\\u25bc0.1%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nBitcoin Holds Steady Above $30K\nAs Asia begins its business week, bitcoin is maintaining its position above $30,000, though ether has dipped below the $2,000 mark.\nThe world’s largest digital asset is currently at $30,298, flat over the last 24 hours,according to CoinDesk data, whileether is also changing hands sideways at $1,927.\nLast week’s unexpected rally in crypto prices came from afavorable rulinga court handed down in the Ripple-SEC case, but Joe DiPasquale, CEO of crypto fund manager BitBull Capital, said in a note that after the market overheated and “corrections are to be expected”.\nDiPasquale wrote that if there is a correction, “we are unlikely to see Bitcoin trading below $27K for long” and the “market is likely to consolidate around the current zone for now.”\nThe question is, where does the market go from here? Last week was already a busy week with the scheduled economic data releases, and became even more so with market movement from the XRP-led altcoin rally.\n“Looking ahead, with no major scheduled events or economic data releases this week, we anticipate that price action in the market will be influenced by open interest levels, reflecting trader sentiment, and trending topics such as memes and artificial intelligence,” Johnny Teng Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-17 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $587,496,884,025 - Hash Rate: 364471696.6467593 - Transaction Count: 428612.0 - Unique Addresses: 703876.0 Social & AI Sentiment: - Fear & Greed Index: 0.54 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin and Ether rose during afternoon trading in Asia on Friday, along with most of the top 10 non-stablecoin cryptocurrencies by market capitalization, excluding the Solana and Tron tokens. Most Asian equities were up, while U.S. stock futures were down, pressured by the possibility of the first-ever U.S. default by June 1, unless a deal is reached to raise the government’s US$31.4 trillion debt ceiling. See related article: Governments could access Ledger wallet private keys, says CEO Bitcoin and Ether lead gains Bitcoin rose 1.14% to US$26,512 in the 24 hours to 4:30 p.m. in Hong Kong, after declining below US$27,000 on Wednesday. Ether rose 1.69% to US$1,815. “Bitcoin has doubled in price since 2023 while the Fed has been doing quantitative tightening. It definitely makes sense for Bitcoin to consolidate and then reprice to a fair value,” Johnny Louey Crypto Researcher Analyst at LiquidityTech Protocol , wrote in a LinkedIn response to Forkast . “The next catalyst for Bitcoin will be the next Federal Open Market Committee meeting in June.” Positive regulatory developments are needed to reignite bullish market momentum, according to Maia Benzimra, head of institutional marketing at decentralized finance yield platform Spool . “If the week closes with Bitcoin above US$30,000, it’s a positive sign of an upward trend. [If it closes] below US$26,000, bearish sentiment may continue.” Litecoin was the day’s biggest gainer in the top 10, rising 3.21% to US$87.16, followed by the XRP token that gained 3.09% to US$0.463. The World Economic Forum released a white paper on crypto regulation Thursday, highlighting the necessity of crypto regulations and global cooperation to prevent ambiguity and inconsistent law enforcement. Ethereum NFT sales drop after two consecutive days of gains The indexes are proxy measures of the performance of the global NFT market. They are managed by CryptoSlam , a sister company of Forkast.News under the Forkast.Labs umbrella. The Forkast 500 NFT index fell 0.55% to 3,344.95 points in the 24 hours to 4:30 p.m. in Hong Kong and lost 1.36% during the week. Story continues Ethereum ’s 24-hour NFT sales dropped 25% to US$13.4 million, along with the Forkast ETH NFT Composite that rose 0.09% to 1,130.52 points. Sales for the largest Ethereum-based collection, the Bored Ape Yacht Club , fell 48.16% to 1.06 million. 24-hour sales for Milady Maker also fell 11.69% to US$678,420. Yet, NFT sales on Bitcoin rose 23.76% to US$2.4 million, as 24-hour sales for $ORDI BRC-20 NFTs increased 1.37% to US$443,336, according to CryptoSlam . Looking at the most notable NFT purchase of the past 24 hours, $ORDI BRC-20 NFT #05bbe8 sold for US$339,437 at 2:33 p.m. Hong Kong time. Asian equities rise, U.S. futures slip on looming fears of a governmental default Most Asian equities strengthened on Friday, except Hong Kong’s Hang Seng Index that declined for a second consecutive day to a two-month low. Japan’s Nikkei 225 rose 0.37%, the Shanghai Composite rose 0.35% and the Shenzhen Component Index inched up 0.22%. Hong Kong’s Hang Seng Index dropped 1.93%. Global investor sentiment was weighed down by fears that the U.S. will fail to reach an agreement on raising its US$31.4 trillion debt, which could lead to a default by June 1. Lawmakers on both sides of the aisle are closing in on a deal that would raise the debt ceiling for two years while capping spending on most items. The parties are just US$70 billion apart on a total sum that would exceed US$1 trillion, an unnamed source told Reuters on Thursday . U.S. stock futures fell as of 4:30 p.m. in Hong Kong. The Dow Jones Industrial Average futures fell 0.2%, the S&P 500 futures index slipped 0.19% and the tech-heavy Nasdaq-100 futures inched down 0.025%. The U.S. dollar inched up 0.19% to near a two-month high of 104 points, set for its third straight weekly advance bolstered by expectations that U.S. interest rates will remain high for longer than expected. The euro gained 0.16% to US$1.07. Gold rose 0.69% to US$1,950 an ounce on Friday, but appeared to be heading for its third consecutive weekly decline, weighed by a rising dollar and expectations of elevated U.S. interest rates. See related article: Big buys fail to lift NFT markets as regulatory uncertainty weighs heavy on crypto... - Reddit Posts (Sample): []... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['An ESG focused-fund manager is challenging claims from the environmental non-profit GreenpeaceUSA that Bitcoin mining is a major source of pollution and societal harm. In a report published last Tuesday, GreenpeaceUSA called on Bitcoin-friendly financial services companies—including BlackRock , Fidelity, JPMorgan, and others—to denounce Bitcoin’s “climate destruction” and encourage a code change to a “cleaner protocol” that obviates the mining industry. “All of these companies have connections to Bitcoin and have failed to take meaningful action to solve the problem despite making climate and sustainability pledges,” GreenpeaceUSA wrote. It\'s a view rejected by CH4 Capital co-founder Daniel Batten, who argues that Bitcoin is a force for environmental healing, rather than harm. “There is a growing weight of evidence from those most qualified to make the assessment to suggest that Bitcoin mining helps build out the renewable grid,” Batten wrote in a formal rebuttal to GreenpeaceUSA on Sunday. He cited Brad Jones, former interim CEO of the Electric Reliability Council of Texas (ERCOT), who has spoken about Bitcoin’s ability to make renewable energy operators more profitable, fundable, and stable. Lone Star State ‘Will Be Silicon Valley’ of Crypto: Texas Blockchain Council President According to Batten, many of the facts and figures used by GreenpeaceUSA to demonstrate Bitcoin’s environmental harm were misleading, if not outright false. GreenpeaceUSA "uses unsubstantiated fear about \'what might happen\' rather than evidence," he writes, saying the report is "filled with emotive language." For example, GreenpeaceUSA claimed that the mining industry is “mostly powered mostly by coal.” In fact, Batten notes, there are 41 known sustainably powered mining operations, and only one operation still uses a coal-related product. Furthermore, unlike the environmental activist group\'s claim that Bitcoin’s “climate destruction” would “accelerate” if left unchecked, Batten presented data showing that Bitcoin’s emissions are actually falling over time. Story continues “Emissions are falling despite rising hashrate due to decimation of mining in Kazakhstan and other coal-based grids,” explained Batten in a message to Decrypt . Such miners, he said, have relocated to more sustainably powered grids like those in Texas. He also cited individual public mining companies, such as Marathon , which have moved their facilities from a coal-based to wind-based standard, alongside “ flare-gas mining that reduces the overall net emissions of the bitcoin network.” Batten’s fund specifically invests in companies that aim to mine Bitcoin using purified landfill gas that would otherwise be burned and pollute the atmosphere with methane emissions. The process is a win-win for both the environment and the company’s bottom line, he writes. “Our $400 million fund will have sufficient dry powder to finance the Bitcoin network, abating more emissions than its creating, which can end ESG FUD, the major remaining barrier for both retail and institutional adoption,” Batten told Decrypt . The Bitcoin community has been largely unwelcoming to GreenpeaceUSA’s campaign , which began last year after the organization received $5 million to highlight the perils of the mining industry. When asked for his thoughts on the GreenpeaceUSA campaign and its backer, Ripple co-founder Chris Larsen, Batten refused to comment in great detail. “I\'ll let people make up their own mind about the intentions of a chair of another altcoin giving a large sum of money to help an NGO attack a rival form of cryptocurrency in Bitcoin,” he said. Editor\'s Note: This article was updated to correct Daniel Batten\'s name and clarify that he was responding to GreenpeaceUSA\'s Bitcoin mining report.', 'An ESG focused-fund manager is challenging claims from the environmental non-profit GreenpeaceUSA that Bitcoin mining is a major source of pollution and societal harm.\nIn areportpublished last Tuesday, GreenpeaceUSA called on Bitcoin-friendly financial services companies—includingBlackRock, Fidelity, JPMorgan, and others—to denounce Bitcoin’s “climate destruction” and encourage a code change to a “cleaner protocol” that obviates the mining industry.\n“All of these companies have connections to Bitcoin and have failed to take meaningful action to solve the problem despite making climate and sustainability pledges,” GreenpeaceUSA wrote.\nIt\'s a view rejected by CH4 Capital co-founder Daniel Batten, who argues that Bitcoin is a force for environmental healing, rather than harm.\n“There is a growing weight of evidence from those most qualified to make the assessment to suggest that Bitcoin mining helps build out the renewable grid,” Battenwrotein a formal rebuttal to GreenpeaceUSA on Sunday. He cited Brad Jones, former interim CEO of the Electric Reliability Council of Texas (ERCOT), who has spoken about Bitcoin’s ability to make renewable energy operators more profitable, fundable, and stable.\nLone Star State ‘Will Be Silicon Valley’ of Crypto: Texas Blockchain Council President\nAccording to Batten, many of the facts and figures used by GreenpeaceUSA to demonstrate Bitcoin’s environmental harm were misleading, if not outright false.\nGreenpeaceUSA "uses unsubstantiated fear about \'what might happen\' rather than evidence," he writes, saying the report is "filled with emotive language."\nFor example, GreenpeaceUSA claimed that the mining industry is “mostly powered mostly by coal.” In fact, Batten notes, there are 41 known sustainably powered mining operations, and only one operation still uses a coal-related product.\nFurthermore, unlike the environmental activist group\'s claim that Bitcoin’s “climate destruction” would “accelerate” if left unchecked, Batten presented data showing that Bitcoin’s emissions are actually falling over time.\n“Emissions are falling despite rising hashrate due to decimation of mining in Kazakhstan and other coal-based grids,” explained Batten in a message toDecrypt. Such miners, he said, have relocated to more sustainably powered grids like those in Texas.\nHe also cited individual public mining companies, such asMarathon, which have moved their facilities from a coal-based to wind-based standard, alongside “flare-gas miningthat reduces the overall net emissions of the bitcoin network.”\nBatten’s fund specifically invests in companies that aim to mine Bitcoin using purified landfill gas that would otherwise be burned and pollute the atmosphere with methane emissions. The process is a win-win for both the environment and the company’s bottom line, he writes.\n“Our $400 million fund will have sufficient dry powder to finance the Bitcoin network, abating more emissions than its creating, which can end ESG FUD, the major remaining barrier for both retail and institutional adoption,” Batten toldDecrypt.\nThe Bitcoin community has been largely unwelcoming to GreenpeaceUSA’scampaign, which began last year after the organization received $5 million to highlight the perils of the mining industry.\nWhen asked for his thoughts on the GreenpeaceUSA campaign and its backer, Ripple co-founder Chris Larsen, Batten refused to comment in great detail.\n“I\'ll let people make up their own mind about the intentions of a chair of another altcoin giving a large sum of money to help an NGO attack a rival form of cryptocurrency in Bitcoin,” he said.\nEditor\'s Note: This article was updated to correct Daniel Batten\'s name and clarify that he was responding to GreenpeaceUSA\'s Bitcoin mining report.', 'An ESG focused-fund manager is challenging claims from the environmental non-profit GreenpeaceUSA that Bitcoin mining is a major source of pollution and societal harm.\nIn areportpublished last Tuesday, GreenpeaceUSA called on Bitcoin-friendly financial services companies—includingBlackRock, Fidelity, JPMorgan, and others—to denounce Bitcoin’s “climate destruction” and encourage a code change to a “cleaner protocol” that obviates the mining industry.\n“All of these companies have connections to Bitcoin and have failed to take meaningful action to solve the problem despite making climate and sustainability pledges,” GreenpeaceUSA wrote.\nIt\'s a view rejected by CH4 Capital co-founder Daniel Batten, who argues that Bitcoin is a force for environmental healing, rather than harm.\n“There is a growing weight of evidence from those most qualified to make the assessment to suggest that Bitcoin mining helps build out the renewable grid,” Battenwrotein a formal rebuttal to GreenpeaceUSA on Sunday. He cited Brad Jones, former interim CEO of the Electric Reliability Council of Texas (ERCOT), who has spoken about Bitcoin’s ability to make renewable energy operators more profitable, fundable, and stable.\nLone Star State ‘Will Be Silicon Valley’ of Crypto: Texas Blockchain Council President\nAccording to Batten, many of the facts and figures used by GreenpeaceUSA to demonstrate Bitcoin’s environmental harm were misleading, if not outright false.\nGreenpeaceUSA "uses unsubstantiated fear about \'what might happen\' rather than evidence," he writes, saying the report is "filled with emotive language."\nFor example, GreenpeaceUSA claimed that the mining industry is “mostly powered mostly by coal.” In fact, Batten notes, there are 41 known sustainably powered mining operations, and only one operation still uses a coal-related product.\nFurthermore, unlike the environmental activist group\'s claim that Bitcoin’s “climate destruction” would “accelerate” if left unchecked, Batten presented data showing that Bitcoin’s emissions are actually falling over time.\n“Emissions are falling despite rising hashrate due to decimation of mining in Kazakhstan and other coal-based grids,” explained Batten in a message toDecrypt. Such miners, he said, have relocated to more sustainably powered grids like those in Texas.\nHe also cited individual public mining companies, such asMarathon, which have moved their faci Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-18 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $585,460,100,400 - Hash Rate: 434150109.2409926 - Transaction Count: 582684.0 - Unique Addresses: 775244.0 Social & AI Sentiment: - Fear & Greed Index: 0.56 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin fell to about $24,990 on Wednesday, as investors shrugged off the U.S. central banks widely expected halt to a more than year-long diet of interest rate hikes. Major altcoins took a late afternoon dive to sink into negative territory. The largest cryptocurrency by market capitalization was recently trading down 3.2% over the past 24 hours after a late afternoon (ET) drop that sent the asset to its lowest level since mid March. BTC has largely been treading water nearer $26,000 for most of the past five days as investors weighed the initial impact of Securities and U.S. Exchange Commission (SEC) lawsuits against crypto exchange giants Binance and Coinbase, Fed monetary policy signals and other macroeconomic uncertainties. The Fed has left rates unchanged, which was expected by the market given the macroeconomic situation, Joe DiPasquale, CEO of crypto asset manager BitBull Capital, wrote in a note to CoinDesk. The initial move has been toward the downside, since the Fed indicated that this pause is likely not going to last. DiPasquale added: From a markets perspective, as long as Bitcoin maintains $25K, we should continue to see consolidation. Read More: Fed Preview: Bitcoin Market Skews Bearish as Analysts Anticipate 'Hawkish Rate-Hike Pause' Ether was recently changing hands at $1,650, down 5.1% from Tuesday, same time, also hitting a three-month low. Other major cryptos mentioned in the SEC actions plunged late with ADA, the token of the Cardano blockchain recently down more than 5% but SOL and MATIC, the native cryptos of the Solana and Polygon smart contract networks, each off more than 3%. The CoinDesk Market Index , a measure of crypto markets overall performance, was recently trading sideways. The CoinDesk Bitcoin and Ether Trend Indicators maintained their days-long stances in downtrend territory, reflecting ongoing investor skittishness. Still, indicator was pointing bullishly. A price pattern called "throwback" has emerged on bitcoin's daily chart that could recharge bulls' engines for a rally toward $37,000, according to Valkyrie Investments. In technical analysis, a throwback is a price drop to a former breakout level or resistance-turned-support. After a breakout, prices rally for some days before losing upward momentum and returning to the breakout point. More often than not, prices surge after the throwback is completed, Thomas Bulkowski detailed in his book "Visual Guide to Chart Patterns." Story continues Meanwhile, equity indexes fell amid longer-term concerns that the current rate increase cessation will be temporary as the Fed focuses on cutting inflation to a longstanding 2.5% target. The tech-heavy Nasdaq Composite and S&P 500 inched up ever-so-slightly but the Dow Jones Industrial Average sank 0.7%. Read More: U.S. CPI Inflation Slowed to 0.1% in May; Bitcoin Rises Still, in an email to CoinDesk, Markus Levin, co-founder of blockchain geospatial oracle system XYO Network, struck an upbeat note, writing that the global macro setup is shifting significantly, with the rate-hike pause the clearest indication yet of this shift. Inflation is falling fast. Global central banks are injecting liquidity to stimulate their economies. And now the focus is on growth and whether well actually experience a broad-based and deep recession. Levin added that bitcoin and other digital assets have likely already hit the bottom. I expect there to be sideways action for BTC and other coins for some months ahead, punctuated by bouts of volatility, he wrote. When the BTC halving kicks in next year, however, then I think were off to the races. UPDATE (June 14, 2023, 20:55 UTC): Updates bitcoin price in headline and story, and other digital asset price information.... - 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:\nPrices:Caleb & Brown\'s Jake Boyle explains why ether might be the more interesting play than bitcoin.\nInsights:Coinbase\'s stock is up more than 23% since Ripple\'s partial court victory against the SEC last Thursday. In a CoinDesk TV interview, Needham analyst John Todaro discussed why he\'s upbeat about the company.\nCoinDesk Market Index (CMI)\n1,254\n−10.5▼0.8%\nBitcoin (BTC)\n$29,856\n−311.4▼1.0%\nEthereum (ETH)\n$1,896\n−18.6▼1.0%\nS&P 500\n4,554.98\n+32.2▲0.7%\nGold\n$1,981\n+28.8▲1.5%\nNikkei 225\n32,493.89\n+NaN▲NaN%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,254", "\\u221210.5\\u25bc0.8%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$29,856", "\\u2212311.4\\u25bc1.0%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,896", "\\u221218.6\\u25bc1.0%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,554.98", "+32.2\\u25b20.7%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,981", "+28.8\\u25b21.5%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["32,493.89", "+NaN\\u25b2NaN%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nLooking Beyond Bitcoin\nAs East Asia’s business day begins, bitcoin is down 1% to $29,856, while ether is also down 1% to $1,896. Although many parts of the altcoin market are beginning the day as a sea of red, XRP is continuing its upwards trajectory, rising 5% to hit $0.77.\nThe current Bitcoin movements indicate that the market is range-bound and stagnant, Jake Boyle, the Chief Commercial Officer at Australian crypto exchange Caleb & Brown said on CoinDesk TV.\nWhile Bitcoin is experiencing some ups and downs around the $30,000 mark, Boyle argues that no major movements are expected until certain key events take place.\nStellar, Solana, and Optimism have shown explosive growth following last week\'s XRP news, each for different reasons.\n"Stellar is regularly associated with XRP... Optimism provides something new, it hasn\'t experienced a dramatic bull market, and it hasn\'t come down 99% from its all-time high," Boyle said.\nRight now, Boyle is interested in Ethereum as he’s observed a “noticeable increase in buying power against bitcoin.”\n“Ethereum is prone to upgrades. It’s prone to community changes,” he said, explaining how it\'s more receptive to news announcements and updates while bitcoin stays relatively constant.\n“Bitcoin is just bitcoin,” he said.\n[{"Asset": "XRP", "Ticker": "XRP", "Returns": "+3.9%", "DACS Sector": "Currency"}]\n[{"Asset": "Gala", "Ticker": "GALA", "Returns": "\\u22126.9%", "DACS Sector": "Entertainment"}, {"Asset": "Solana", "Ticker": "SOL", "Returns": "\\u22125.9%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Polygon", "Ticker": "MATIC", "Returns": "\\u22125.7%", "DACS Sector": "Smart Contract Platform"}]\nCoinbase on the Rise?\nRipple\'spartial winlast week in its long-running Federal court feud with the Securities and Exchange Commission (SEC) will likely benefit Coinbase by clarifying a nettlesome aspect of crypto regulation and enabling the exchange to re-list certain tokens, John Todaro, a senior research analyst at broker Needham & Company, told CoinDesk TV\'s "First Mover" program Tuesday.\nTodaro noted that industry observers had feared a decision favoring the SEC would have required Coinbase to delist tokens, potentially costing it more than a third of its revenue.\n"It does remove some those concerns that along the way, Coinbase might have to delist a lot of assets, which is going to be a big deterrent to their exchange business, which is where they get most of their revenue," Todaro said, adding that the ruling would also "give institutional investors more clarity."\n"Now you can start digging into Coinbase fundamentals a bit more versus the stock only moving just on regulatory concerns or positive regulatory announcements."\nLast Thursday, a U.S. district court ruled that Ripple’s XRP token should not be considered a security if sold via an exchange or through programmatic sales. In a research report the following day, Todaro and another analyst, Daniel Lehmann wrote that the decision could boost Coinbase shares by establishing that token sales through exchanges, at least in the case of XRP, did not violate securities laws.\nRead More:Ripple’s XRP Summary Judgment Positive for Coinbase, Price Target Raised to $120: Needham\n"This outcome should moderately de-risk the regulatory pressure on the stock,” the analysts wrote.\nThe broker maintained a buy rating on Coinbase shares and raised its price target to $120 from $70. Coinbase shares closed at $104.59, down 0.9% but are up more than 23% since last Thursday.\nCoinbase has faced its own regulatory issues, including an SEC lawsuit last month accusing the exchange of violating securities law, and it also still addressing the fall-out from a lengthy bear market that has spooked investors.\nIn the "First Mover" interview, Todaro predicted that Coinbase trading volumes for its second quarter (ending June 30) should be the poorest second quarter since the exchange started trading publicly in 2021. But he said July volumes "are okay," and that investors should already have priced in the company\'s Q2 issues. "Folks should start looking at what\'s coming up," including next year\'s bitcoin halving, "which is historically coinciding with higher crypto prices, ETF applications and a little bit more of a positive view on regulation," he said, and described the exchange as "the only kind of adult left in the room at the exchange level.\nEthereum Community Conference\nGoldman Sachs second quarter earnings\nHKT/SGT(6:00 UTC)United Kingdom Consumer Price Index (MoM/June)\nHKT/SGT(9:00 UTC)Core Harmonized Index of Consumer Prices (MoM/June)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nCoinbase CEO Will Reportedly Meet With House Democrats; Bitcoin Outlook After Hitting June Low\nBloomberg reported Coinbase CEO Brian Armstrong met with House Democrats Wednesday morning. Needham & Company senior research analyst John Todaro shared his outlook on Coinbase (COIN)\'s stock performance. Aku creator and former MLB player Micah Johnson discussed teaming up with Starbucks. Caleb & Brown director Jake Boyle shared his crypto markets analysis. And, John Oliver from PwC weighed in on how traditional hedge funds view investing in crypto assets.\nBitcoin Remains Under Pressure Below $30K Following U.S. Retail Sales Numbers:Thursday\'s rally to a new 13-month high of $31,800 has now more than been fully nullified.\nArkham\'s Token Debuts at $0.75 After Being Sold for $0.05 in Binance Launchpad:Users locked up a total of $2.4 billion in the launchpad to secure a better chance at receiving the full allocation.\nCelsius Estate Settles With Series B Holders Over Proceeds of GK8 Sale:Mike Novogratz’s Galaxy Digital purchased self-custody platform GK8 from Celsius in December as part of bankruptcy proceedings.\nLevered Bullish Longs Getting Liquidated as Bitcoin Market Softens:CoinGlass data shows that in the last 24 hours, $116.38 million worth of futures bets were liquidated, with $85.68 in bullish long positions\nReddit Community Tokens Rocket as Rule Change Speculation Boosts MOON, BRICK:Reddit changed its Terms of Service recently where it now explicitly allows for trading Reddit\'s tokenized Community Points, one observer said while explaining the price rally.', 'Good morning. Here’s what’s happening: Prices: Caleb & Brown\'s Jake Boyle explains why ether might be the more interesting play than bitcoin. Insights: Coinbase\'s stock is up more than 23% since Ripple\'s partial court victory against the SEC last Thursday. In a CoinDesk TV interview, Needham analyst John Todaro discussed why he\'s upbeat about the company. Prices CoinDesk Market Index (CMI) 1,254 −10.5 ▼ 0.8% Bitcoin (BTC) $29,856 −311.4 ▼ 1.0% Ethereum (ETH) $1,896 −18.6 ▼ 1.0% S&P 500 4,554.98 +32.2 ▲ 0.7% Gold $1,981 +28.8 ▲ 1.5% Nikkei 225 32,493.89 +NaN ▲ NaN% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,254 −10.5 ▼ 0.8% Bitcoin (BTC) $29,856 −311.4 ▼ 1.0% Ethereum (ETH) $1,896 −18.6 ▼ 1.0% S&P 500 4,554.98 +32.2 ▲ 0.7% Gold $1,981 +28.8 ▲ 1.5% Nikkei 225 32,493.89 +NaN ▲ NaN% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Looking Beyond Bitcoin As East Asia’s business day begins, bitcoin is down 1% to $29,856, while ether is also down 1% to $1,896. Although many parts of the altcoin market are beginning the day as a sea of red, XRP is continuing its upwards trajectory, rising 5% to hit $0.77. The current Bitcoin movements indicate that the market is range-bound and stagnant, Jake Boyle, the Chief Commercial Officer at Australian crypto exchange Caleb & Brown said on CoinDesk TV. While Bitcoin is experiencing some ups and downs around the $30,000 mark, Boyle argues that no major movements are expected until certain key events take place. Stellar, Solana, and Optimism have shown explosive growth following last week\'s XRP news, each for different reasons. "Stellar is regularly associated with XRP... Optimism provides something new, it hasn\'t experienced a dramatic bull market, and it hasn\'t come down 99% from its all-time high," Boyle said. Right now, Boyle is interested in Ethereum as he’s observed a “noticeable increase in buying power against bitcoin.” Story continues “Ethereum is prone to upgrades. It’s prone to community changes,” he said, explaining how it\'s more receptive to news announcements and updates while bitcoin stays relatively constant. “Bitcoin is just bitcoin,” he said. Biggest Gainers Asset Ticker Returns DACS Sector XRP XRP +3.9% Currency Biggest Losers Asset Ticker Returns DACS Sector Gala GALA −6.9% Entertainment Solana SOL −5.9% Smart Contract Platform Polygon MATIC −5.7% Smart Contract Platform Insights Coinbase on the Rise? Ripple\'s partial win last w Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-19 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $584,903,781,256 - Hash Rate: 396630963.9979439 - Transaction Count: 480249.0 - Unique Addresses: 745057.0 Social & AI Sentiment: - Fear & Greed Index: 0.50 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin continued to trade flat at roughl$31,700 on Wednesday after the U.S. Bureau of Labor Statistics (BLS) published Junes inflation data , reflecting a monthly Consumer Price Index (CPI) increase of 0.2%, and a yearly increase of 3.0%. Ethereum also only faced a minor gain of 1.3%, per CoinGecko , and is now trading at nearly $1,900. The increase fell just short of economists' estimates as polled by Dow Jones, which expected a 0.3% month-over-month increase, and an annual rise of 3.1%. Meanwhile, core CPIwhich discounts the food and energy sectors due to their known volatilityrose by just 0.2% which is the smallest 1-month increase in that index since August 2021, per the BLS. Since March 2022, the Federal Reserve has rapidly risen its policy interest rate in a mission to bring searing inflation back to its 2% target in the United States, after peaking last June at 9.1%. So far, the central banks efforts seem to be paying off, with annualized inflation down 1% from last month alone. Sadly for investors, rising interest rates have also contributed to cratering stock and crypto prices throughout the last year, with both major tech and blockchain companies being forced to enact massive layoffs . As such, falling inflation is generally taken as bullish for markets, since it means the Fed is closer to ending its hawkish monetary policy. While the central bank chose to keep its policy rate unchanged last month, Fed Chairman Jerome Powell has been hesitant to indicate whether this means rate hikes will pause or resume in the near future. According to the CME FedWatch tool , markets are 91% confident that another 0.25% rate hike is in the cards at the next Federal Open Markets Committee Meeting (FOMC) on July 26. Bitcoin, Ethereum Falter as June Inflation Report Is Worse Than Expected Markets are still waiting on Junes Personal Consumption Index (PCI) figures, which track how consumers change their buying habits over time. This is the Feds preferred measure of inflation as its considered a strong predictor of where inflation is headed in the future. It currently projects this figure at 3.2%. Bitcoins non-reaction on Wednesday may be an indication of its current place in its cyclical market cycle. As reported by Glassnode on Monday, Bitcoins price has reached an equilibrium point which often signals an incoming accumulation phase during which the assets price trades flat for many months to come.... - 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: XRP, XLM have a day in the spotlight. Bitcoin loses $30K. Insights: Ripple\'s partial victory left key questions unsettled. Preston Byrne told CoinDesk TV that lawmakers need to create a "legal regime" that accounts for digital assets\' unique characteristics. Prices CoinDesk Market Index (CMI) 1,260 +5.8 ▲ 0.5% Bitcoin (BTC) $29,917 +30.4 ▲ 0.1% Ethereum (ETH) $1,887 −10.7 ▼ 0.6% S&P 500 4,565.72 +10.7 ▲ 0.2% Gold $1,980 +3.0 ▲ 0.2% Nikkei 225 32,896.03 +402.1 ▲ 1.2% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,260 +5.8 ▲ 0.5% Bitcoin (BTC) $29,917 +30.4 ▲ 0.1% Ethereum (ETH) $1,887 −10.7 ▼ 0.6% S&P 500 4,565.72 +10.7 ▲ 0.2% Gold $1,980 +3.0 ▲ 0.2% Nikkei 225 32,896.03 +402.1 ▲ 1.2% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) XLM, XRP Lead Altcoin Rally XLM and XRP led a posse of altcoins out of a price quagmire of the past five days, rising by double-digits and outperforming still-sluggish bitcoin and ether on Wednesday. Blockchain-based payment platform Stellar Lumens\' XLM was recently trading above 15 cents, up 18% over the past 24 hours. The token last hit those lofty heights a week ago when it doubled in price, part of a crypto market surge that followed Ripple\'s partial victory in a long-running legal feud with the Securities and Exchange Commission, before sinking in the ensuing days. At the start of the week, XLM was trading just above 13 cents. Ripple\'s XRP, the third largest crypto by market capitalization, was recently changing hands above 82 cents, up 6.8% from Tuesday, same time. XRP has held most of its gains since last Thursday. The CoinDesk Market Index , a measure of crypto markets performance, was recently trading up 0.5% Markus Levin, co-founder of XYO Network, attributed XRP\'s Wednesday spike to continued excitement about last week\'s U.S. federal court decision, which established that XRP token sales on exchanges and through algorithms did not constitute investment contracts. The ruling has spurred a number of exchanges such as Coinbase, Kraken and Bitstamp to relist XRP, leading to a jump in investments, trading volumes and open interest for futures contracts. Story continues "In short, we’re seeing a return of investors that had previously been spooked by recent regulatory measures," Levin wrote in an email to CoinDesk. ADA and SOL, the native cryptos of smart contracts platforms Cardano and Solana, rose over 6% at certain points, far outstripping bitcoin and ether, which slogged through another dispiriting day of little price movement. Bitcoin was recently trading at $28,877, roughly flat over the previous day. Ether had edged down the better part of a percentage point to trade just below $1,900. Equity markets inched upward for a third consecutive day as investors continued their embrace of encouraging second quarter earnings by major financial services firms even after a 58% plunge in Goldman Sachs profits. The S&P 500 closed up 0.2%. In an email to CoinDesk, Lex Sokolin, managing Partner of Web3 investment fund Generative Ventures, wrote that markets\' lethargy in recent days reflects their cyclical nature. There\'s often "run-ups in anticipation and in response to news, and then a sell-off once the positive news has been incorporated into the price," Sokolin wrote. Crypto is full of momentum and narrative traders, and this pattern persists — "the market animal spirits." Noting multiple market friendly events in recent weeks, including the XRP decision, an improving macroeconomic landscape and BlackRock spot bitcoin ETF filing, he added: "Actually what matters is just the possibility of support." Biggest Gainers Asset Ticker Returns DACS Sector Gala GALA +0.9% Entertainment Biggest Losers Asset Ticker Returns DACS Sector Stellar XLM −4.1% Smart Contract Platform Terra LUNA −1.7% Smart Contract Platform Cardano ADA −1.7% Smart Contract Platform Insights The Need for a Crypto-Specific "Legal Regime" A U.S. federal court\'s decision last Thursday may have offered Ripple a partial win in its ongoing court case against the Securities and Exchange Commission (SEC). But the ruling failed to clarify fundamental issues that would allow Ripple and other crypto organizations with tokens to operate on more solid ground, Preston Byrne, a partner at the law firm Brown Rudnick, told CoinDesk TV\'s "First Mover program on Wednesday. Byrne said the ruling had surprised some lawyers by veering from more than 70 years of precedent following the Howey decision, which determines whether a transaction is a security. Regulators have wrestled with if and how the so-called Howey test should apply to digital assets. "The problem isn\'t that the decision provides certainty for Ripple in this particular litigation," Byrne said. "The reason there\'s uncertainty is because this court has now ruled differently than everyone expected it to, based on 70-80 years of precedent." Byrne added: "So as a consequence, you can\'t be sure where you stand in the United States. Some issuers are going to make the decision to proceed where perhaps they shouldn\'t, and other companies that might wish to proceed, if they had a beter regulatory regime – for example, in the United Kingdom or Europe, which provide a degree of certainty over regulatory treatment of tokens – may not so." The U.S. District Court of the Southern District of New York ruled that the sale of Ripple’s XRP tokens on exchanges and through algorithms did not constitute investment contracts. But the court decided less favorably to Ripple that the institutional sale of the tokens violated federal securities laws. Byrne said that "crypto isn\'t a security in the traditional sense," noting its "self-sovereign nature," and that "people spend it in applications which provide useful software." And he suggested that the U.S. Congress should create regulation that considers these unique characteristics. "We need a legal regime that recognizes that, while also providing enhanced protections for investors, such as regulation of financial promotions and disclosures by issuers, without shoehorning it (crypto) into a securities regime," Byrne said. He continued: "We need a regime which is make for crypto." Important events. EthCC (Paris, France) 9:30 a.m.HKT/SGT(1:30 UTC) Australia Unemployment Rate s.a. (June) 7:30 a.m. HKT/SGT(23:30 UTC) Japan National Consumer Price Index (YoY/June) CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Rep. Torres Calls on SEC to Rethink its \'Regulatory Assault\' on Crypto; Bitcoin Price Predictions Rep. Ritchie Torres (D-N.Y.) discussed the future of crypto regulation as the lawmaker calls out the SEC in the wake of the Ripple court ruling. Brown Rudnick partner Preston Byrne argued why the split decision from SEC v. Ripple Labs throws U.S. crypto-token regulation into disarray. And, ProChain Capital president David Tawil shared his crypto markets analysis. Headlines XRP Blockchain Still Faces Centralization Caveats as Ripple Regulatory Threat Recedes : Ripple scored a partial win against the SEC last week in a summary judgment that was celebrated across the crypto industry. Why does the project itself remain so controversial? The GBTC Discount Is Narrowing; Here\'s Why It Matters : The possibility the SEC will approve the conversion of GBTC into an ETF is playing a role, according to analysts. Polygon Mulls Governance Restructure in Polygon 2.0 Roadmap : Developers have proposed an “Ecosystem Council” to push smart contract upgrades, as well as changes to how community-based funding works. StarkWare’s ‘Starknet Stacks’ Could Add to Growing Field of Blockchain-in-a-Box Offerings : The announcement is part of a growing trend in Ethereum’s layer-2 ecosystem, where developers can create application-specific chains using the blockchain’s native software stack. Solana’s Largest Protocol, Marinade, Bets Growth on ‘Native’ SOL Staking Product : Marinade Finance contributors say the new service could appeal to institutional investors.', 'Good morning. Here’s what’s happening:\nPrices:XRP, XLM have a day in the spotlight. Bitcoin loses $30K.\nInsights:Ripple\'s partial victory left key questions unsettled. Preston Byrne told CoinDesk TV that lawmakers need to create a "legal regime" that accounts for digital assets\' unique characteristics.\nCoinDesk Market Index (CMI)\n1,260\n+5.8▲0.5%\nBitcoin (BTC)\n$29,917\n+30.4▲0.1%\nEthereum (ETH)\n$1,887\n−10.7▼0.6%\nS&P 500\n4,565.72\n+10.7▲0.2%\nGold\n$1,980\n+3.0▲0.2%\nNikkei 225\n32,896.03\n+402.1▲1.2%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,260", "+5.8\\u25b20.5%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$29,917", "+30.4\\u25b20.1%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,887", "\\u221210.7\\u25bc0.6%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,565.72", "+10.7\\u25b20.2%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,980", "+3.0\\u25b20.2%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["32,896.03", "+402.1\\u25b21.2%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nXLM, XRP Lead Altcoin Rally\nXLM and XRP led a posse of altcoins out of a price quagmire of the past five days, rising by double-digits and outperforming still-sluggish bitcoin and ether on Wednesday.\nBlockchain-based payment platform Stellar Lumens\' XLM was recently trading above 15 cents, up 18% over the past 24 hours. The token last hit those lofty heights a week ago when it doubled in price, part of a crypto market surge that followed Ripple\'spartial victoryin a long-running legal feud with the Securities and Exchange Commission, before sinking in the ensuing days. At the start of the week, XLM was trading just above 13 cents.\nRipple\'s XRP, the third largest crypto by market capitalization, was recently changing hands abov Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-20 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $578,785,359,094 - Hash Rate: 343032185.0793028 - Transaction Count: 400400.0 - Unique Addresses: 685150.0 Social & AI Sentiment: - Fear & Greed Index: 0.56 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: By Abhirup Roy SAN FRANCISCO (Reuters) - BTC Power will add Tesla's standard to its electric vehicle chargers next year, its chief executive told Reuters on Tuesday, days after Ford and General Motors sent shockwaves through the industry by adopting the technology. Privately-owned BTC, a supplier to 7-Eleven and fleet operators, is the fourth major fast charger maker to embrace Tesla's standard, following ABB E-mobility North America, Tritium DCFC, and SK Signet. A national EV charging network is key to addressing worries about range and luring customers away from combustion engine driven vehicles and BTC's decision accelerates Tesla's push to dominate the nascent yet fast-growing industry. "By including the NACS (North American Charging Standard) connector to our chargers we can eliminate the need for unreliable and unpredictable adapters that are being utilized by drivers using our equipment," BTC CEO Frank Meza said. Santa Ana, California-based BTC has sold more than 22,000 chargers - more than half of them high-speed ones - to charge point operators, fleets and retailers, and counts Electrify America, Ford and Amazon.com among its customers. Reuters first reported on Tuesday that electric pickup maker Rivian would adopt Tesla's charging standard. Along with the backing of the two Detroit automakers, that also helps Tesla chief Elon Musk's push to upend the Combined Charging System (CCS) favored by the Biden administration. The White House, which aims to spur deployment of hundreds of thousands of chargers, said this month EV charging stations with Tesla plugs would be eligible for billions of dollars in federal subsidies as long as they offer CCS connectivity. Charger makers and CCS operators such as EVgo and Chargepoint have rushed to announce the addition of NACS, despite certain concerns, vying to win Tesla users and limit the risk of losing billing if they only offer CCS. Tesla shares gained 5% on Tuesday and have more than doubled so far this year. Rivian was up 5.8% on Tuesday. Its stock has lost 19% this year. (Reporting by Abhirup Roy in San Francisco; Editing by Peter Henderson and Alexander Smith) View comments... - Reddit Posts (Sample): []... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Good morning. Here’s what’s happening:\nPrices:Bitcoin slogs below $30K while LINK soars. Other major cryptos spend their day in negative territory.\nInsights:Bitcoin\'s Fear and Greed Index reflects a market that hasn\'t been going anywhere fast for the better part of six weeks.\nCoinDesk Market Index (CMI)\n1,258\n−0.9▼0.1%\nBitcoin (BTC)\n$29,809\n−101.1▼0.3%\nEthereum (ETH)\n$1,892\n+2.9▲0.2%\nS&P 500\n4,534.87\n−30.9▼0.7%\nGold\n$1,975\n−3.0▼0.2%\nNikkei 225\n32,490.52\n−405.5▼1.2%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,258", "\\u22120.9\\u25bc0.1%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$29,809", "\\u2212101.1\\u25bc0.3%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,892", "+2.9\\u25b20.2%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,534.87", "\\u221230.9\\u25bc0.7%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,975", "\\u22123.0\\u25bc0.2%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["32,490.52", "\\u2212405.5\\u25bc1.2%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nMarkets Remain Sluggish, but Not LINK\nA tumbling tech sector and rising dollar on Thursday kept crypto investors in their recent, rangebound trance.\nBitcoin, the largest cryptocurrency by market capitalization, was recently trading at $29,809, down slightly over the past 24 hours. At one point during the day, BTC dipped perilously near a one-month low set earlier this week near $29,500. More than five weeks after spiking following multiple spot bitcoin ETF filings, bitcoin has been unable to escape the $30,000 to $31,000 range – at least for long.\n“There’s a lot of bearish sentiment on Crypto Twitter about this pullback, but I think the factors behind it are pretty simple," Anthony Georgiades, co-founder of NFT and Web3 blockchain Pastel Network, wrote in an email to CoinDesk.\nGeorgiades noted that the tech sell-off that was at least partly spurred by comments from Tesla founder Elon Musk that the electric car maker might have to reduce prices, and the strengthening dollar, had weighed on "bitcoin and the broader crypto market."\nEther, the second largest crypto in market value, was recently changing hands at $1,892, up a smidgen from Wednesday, same time. Most other major cryptos by market cap spent Thursday slogging into the red with XRP losing some of its big gains from the day before to trade below 80 cents – recently off more than 4%, and ADA and SOL, the tokens of smart contract platforms Cardano and Solana, down nearly as much.\nThe big exception was LINK, the native currency of the Chainlink software platform that connects blockchains with external data. It recently soared by more than 20% to trade above $8 after whales acquired more than $6 million of the token, an apparent reaction to Chainlink\'s release of an interoperability protocol.\nRead More:Chainlink\'s Interoperability Protocol, Connecting Blockchains to ‘Bank Chains,’ Goes Live\nTheCoinDesk Market Index, a measure of crypto markets performance was recently down 0.1%.\nEquity markets were mixed with the Dow Jones Industrial Average continuing a recent winning streak but the Nasdaq plummeting more than 2% on the Tesla news and soft earnings by streaming service Netflix. In a note to CoinDesk, Mark Connors, head of research at Canadian digital asset manager 3iQ, also highlighted missed results by Taiwan Semiconductor, which put "an extra hit on AI stocks." The dollar index tipped downward to continue a recent trend.\nStill, Pastel Network\'s Georgiades was cautiously upbeat about crypto markets. "The underlying sentiment hasn’t changed much since yesterday or the preceding days," he wrote. I know the permabears have been calling for a major selloff, but it seems less likely that this is in the cards.\nHe added: "Monetary conditions are likely to loosen here soon, and that will help serve as a catalyst for risk-on assets.”\n[{"Asset": "Gala", "Ticker": "GALA", "Returns": "+2.4%", "DACS Sector": "Entertainment"}, {"Asset": "Ethereum", "Ticker": "ETH", "Returns": "+0.4%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Cosmos", "Ticker": "ATOM", "Returns": "+0.3%", "DACS Sector": "Smart Contract Platform"}]\n[{"Asset": "Stellar", "Ticker": "XLM", "Returns": "\\u221217.4%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "XRP", "Ticker": "XRP", "Returns": "\\u22126.6%", "DACS Sector": "Currency"}, {"Asset": "Cardano", "Ticker": "ADA", "Returns": "\\u22126.2%", "DACS Sector": "Smart Contract Platform"}]\nFear and Greed Turns Neutral\nTheBitcoin Fear and Greed Indexhas fallen into neutral territory, indicating that investor sentiment for the asset has cooled recently.\nThe metric, derived byAlternative.me, gauges investor sentiment across five distinct factors, and distills them into one number ranging from 0-100. Readings close to 0 indicate extreme fear, while readings closer to 100 indicate extreme greed.\nOften, extreme fear coincides with buying opportunities, as investors are likely behaving too cautiously. Extreme greed can coincide with a market that is overheated.\nThe most recent reading indicates a market that is in flux, with neither bulls or bears willing to take a strong stance in either direction.\nAll told, the reading adds evidence that BTC is poised to trade in a range for the foreseeable future.\nThis article was written and edited by CoinDesk journalists with the sole purpose of informing the reader with accurate information. If you click on a link from Glassnode, CoinDesk may earn a commission. For more, see ourEthics Policy.\nETHGlobal Paris (France)\n2:00 p.m. HKT/SGT(6:00 UTC)United Kingdom Retail Sales (MoM/June)\n8:30 p.m. HKT/SGT(12:30 UTC)Canada Retail Sales (MoM/May)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nSEC\'s Gensler Grilled by Lawmakers; Spot Bitcoin ETFs Could Bring $30B in New Demand: NYDIG\nBitcoin spot-based ETFs could bring $30 billion in new demand for the world’s largest digital asset, according to NYDIG. Howard Fischer, Moses Singer partner and former SEC senior trial counsel shared his outlook on crypto regulation in the U.S. as SEC chair Gary Gensler faces questioning from lawmakers. Futureverse founder Aaron McDonald discussed his metaverse startup\'s latest funding round. And,StockCharts.com\'s Julius de Kempenaer shared his crypto markets analysis.\nCoinbase to Wind Down Lending Program Over Coming Months:The exchange is requiring Coinbase Borrow customers with outstanding loan balances to pay them back by November 20.\nTokenized: This Week in Real-World Assets:A weekly digest of articles, reports and analyses about tokenized RWAs, the fast-growing financial instruments that merge traditional finance to the blockchain.\nMacro State of Crypto – Where It Has Been and What\'s Next:Analytics can offer insight into how recent and past crypto and regulatory events have affected prices and movement. Plus: A quick Q&A on retirement funds.\nChainlink’s LINK Climbs as Whales Add to Holdings Following Protocol Release:The CCIP protocol is designed to help build cross-chain applications and services and went live for early access users on the Avalanche, Ethereum, Optimism and Polygon blockchains this week.', 'Good morning. Here’s what’s happening: Prices: Bitcoin slogs below $30K while LINK soars. Other major cryptos spend their day in negative territory. Insights: Bitcoin\'s Fear and Greed Index reflects a market that hasn\'t been going anywhere fast for the better part of six weeks. Prices CoinDesk Market Index (CMI) 1,258 −0.9 ▼ 0.1% Bitcoin (BTC) $29,809 −101.1 ▼ 0.3% Ethereum (ETH) $1,892 +2.9 ▲ 0.2% S&P 500 4,534.87 −30.9 ▼ 0.7% Gold $1,975 −3.0 ▼ 0.2% Nikkei 225 32,490.52 −405.5 ▼ 1.2% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,258 −0.9 ▼ 0.1% Bitcoin (BTC) $29,809 −101.1 ▼ 0.3% Ethereum (ETH) $1,892 +2.9 ▲ 0.2% S&P 500 4,534.87 −30.9 ▼ 0.7% Gold $1,975 −3.0 ▼ 0.2% Nikkei 225 32,490.52 −405.5 ▼ 1.2% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Markets Remain Sluggish, but Not LINK A tumbling tech sector and rising dollar on Thursday kept crypto investors in their recent, rangebound trance. Bitcoin, the largest cryptocurrency by market capitalization, was recently trading at $29,809, down slightly over the past 24 hours. At one point during the day, BTC dipped perilously near a one-month low set earlier this week near $29,500. More than five weeks after spiking following multiple spot bitcoin ETF filings, bitcoin has been unable to escape the $30,000 to $31,000 range – at least for long. “There’s a lot of bearish sentiment on Crypto Twitter about this pullback, but I think the factors behind it are pretty simple," Anthony Georgiades, co-founder of NFT and Web3 blockchain Pastel Network, wrote in an email to CoinDesk. Georgiades noted that the tech sell-off that was at least partly spurred by comments from Tesla founder Elon Musk that the electric car maker might have to reduce prices, and the strengthening dollar, had weighed on "bitcoin and the broader crypto market." Ether, the second largest crypto in market value, was recently changing hands at $1,892, up a smidgen from Wednesday, same time. Most other major cryptos by market cap spent Thursday slogging into the red with XRP losing some of its big gains from the day before to trade below 80 cents – recently off more than 4%, and ADA and SOL, the tokens of smart contract platforms Cardano and Solana, down nearly as much. Story continues The big exception was LINK, the native currency of the Chainlink software platform that connects blockchains with external data. It recently soared by more than 20% to trade above $8 after whales acquired more than $6 million of the token, an apparent reaction to Chainlink\'s release of an interoperability protocol. Read More: Chainlink\'s Interoperability Protocol, Connecting Block Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-21 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $581,470,728,038 - Hash Rate: 300153161.94439 - Transaction Count: 323847.0 - Unique Addresses: 657357.0 Social & AI Sentiment: - Fear & Greed Index: 0.50 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: This Monday marked a new high—or arguably low—in demonstrating the power of artificial intelligence (AI). A picture depicting afabricated explosionat the Pentagon, quickly flagged as being AI generated, spread like wildfire across social media. It also appears to have spurred a momentary sell-off in the U.S. stock market. The alarming image, portraying smoke billowing from the iconic building, was disseminated by numerous accounts, including a Russian state-owned media channel. Interestingly, reports of the false Pentagon explosion also made its way onto non-official Twitter accounts with blue verification checkmarks, further amplifying the confusion and the impact of the falsehood—highlighting both the importance of rigorous source verification as well as the unsurprising result of Elon Musk's new criteria for account verification. As the photo went viral, U.S. stock indexes took a minor hit, although markets quickly recovered after the photo was exposed as a hoax. Bitcoin, the leading cryptocurrency, also experienced a brief "flash crash" following the spread of the fake news, slipping to $26500. Yet, Bitcoin is slowly but surely recovering and it is currently being traded at $26,882, according toCoinGecko. The hoax’s impact was significant enough to prompt the Arlington County Fire Department to intervene. "There is NO explosion or incident occurring at or near the Pentagon reservation,” they tweeted “and there is no immediate danger or hazards to thepublic." This type of online deceit has raisedserious concernsamong critics of unmitigated AI development. Many experts in the field have warned that advanced AI systemscould becometools for malevolent actors worldwide, spreading misinformation and causing online pandemonium. This isn't the first time such trickery has emerged. Viral AI-generated images have previously deceived the public, such asimagesof Pope Francis sporting a Balenciaga jacket, a fake arrest of President Donald Trump, and deepfakes of celebrities likeElon Muskor SBF promoting crypto scams. Notable personalities have also sounded alarms about the spread of disinformation. Hundreds of tech experts alreadycalled for a six-month halton advanced AI development until proper safety guidelines are established. And even Dr. Geoffrey Hinton, widely known as the 'Godfather of AI', even resigned from his role at Googleto voice his concernsabout potential AI risks without damaging his former employer's reputation. Episodes of misinformation like this one feed into the ongoing debate surrounding the need for aregulatory and ethical frameworkfor AI. As AI becomes an increasingly potent tool in the hands of agents of disinformation, the consequences can be chaotic. Based on today's events, one question stands out: What if an AI was the agent using the power of social media to spread chaos and control the financial markets? We kind ofsaw it coming.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• US stocks traded mixed Friday, with the Dow capping off a 10-day winning streak.\n• It\'s the longest run of gains for the index since August 2017.\n• Next week investors will be watching big earnings from Microsoft and Meta, as well as a Fed meeting.\nUS stocks traded mixed on Friday, with the Dow Jones Industrial Average eking out a gain to cap off a 10-day winning streak, its longest stretch in the green since August 2017.\nTo close the week, American Express, oil firm Schlumberger, and advertising company Interpublic Group all reported earnings. More than 70% of the companies that have reported so far have beat expectations, according to FactSet data.\nMeanwhile, investors will be watching to see what policymakers announce at next week\'s Federal Reserve meeting. Many strategists expect a 0.25% interest rate hike, following last month\'s "skip."\nA quarter-point hike to the 5.25%-5.50% range would "more than likely mark the end of a historic tightening cycle," EY Chief Economist Gregory Daco wrote in a note Friday. "But those expecting a fanfare will be disappointed as the Fed will make every (too many) efforts to sound as hawkish as tolerable for financial markets, to avoid an undesired easing of financial conditions."\nHere\'s where US indexes stood as the market closed 4:00 p.m. on Friday:\n• S&P 500:4,536.32, up 0.03%\n• Dow Jones Industrial Average:35,228.48, up 0.01% (3.30 points)\n• Nasdaq Composite:14,032.81, down 0.22%\nHere\'s what else is going on:\n• One of Wall Street\'s favorite chipmakers hasseen its value tumble this week.\n• There are three ways the Barbie movie coulddrive upsidefor Mattel stock.\n• Robert Shiller says thedecade-long rally in home prices could endwhen the Fed stops its hiking cycle.\n• There are signs thathousing could see some good news on the horizon.\n• These indicators suggestthe stock market isn\'t as stretched as it might seem.\n• \'Shark Tank\' star Kevin O\'Learysounded off on Bidenomics and the S&P 500.\nIn commodities, bonds, and crypto:\n• Oil prices climbed, withWest Texas Intermediateup 1.7% to $76.92 a barrel.Brent crude, the international benchmark, inched higher 1.6% to $80.88 a barrel.\n• Goldedged lower 0.3% to $1,964.20 per ounce.\n• The10-year Treasury yielddipped one basis points to 3.835%\n• Bitcoinmoved higher 0.48% to $29,865.73\nRead the original article onBusiness Insider', 'Traders work on the floor of the New York Stock Exchange (NYSE) on March 28, 2023 in New York City. Traders work on the floor of the New York Stock Exchange (NYSE) on March 28, 2023 in New York City. Spencer Platt/Getty Images US stocks traded mixed Friday, with the Dow capping off a 10-day winning streak. It\'s the longest run of gains for the index since August 2017. Next week investors will be watching big earnings from Microsoft and Meta, as well as a Fed meeting. US stocks traded mixed on Friday, with the Dow Jones Industrial Average eking out a gain to cap off a 10-day winning streak, its longest stretch in the green since August 2017. To close the week, American Express, oil firm Schlumberger, and advertising company Interpublic Group all reported earnings. More than 70% of the companies that have reported so far have beat expectations, according to FactSet data. Meanwhile, investors will be watching to see what policymakers announce at next week\'s Federal Reserve meeting. Many strategists expect a 0.25% interest rate hike, following last month\'s "skip." A quarter-point hike to the 5.25%-5.50% range would "more than likely mark the end of a historic tightening cycle," EY Chief Economist Gregory Daco wrote in a note Friday. "But those expecting a fanfare will be disappointed as the Fed will make every (too many) efforts to sound as hawkish as tolerable for financial markets, to avoid an undesired easing of financial conditions." Here\'s where US indexes stood as the market closed 4:00 p.m. on Friday: S&P 500 : 4,536.32, up 0.03% Dow Jones Industrial Average : 35,228.48, up 0.01% (3.30 points) Nasdaq Composite : 14,032.81, down 0.22% Here\'s what else is going on: One of Wall Street\'s favorite chipmakers has seen its value tumble this week. There are three ways the Barbie movie could drive upside for Mattel stock. Robert Shiller says the decade-long rally in home prices could end when the Fed stops its hiking cycle. There are signs that housing could see some good news on the horizon. These indicators suggest the stock market isn\'t as stretched as it might seem. \'Shark Tank\' star Kevin O\'Leary sounded off on Bidenomics and the S&P 500. Story continues In commodities, bonds, and crypto: Oil prices climbed, with West Texas Intermediate up 1.7% to $76.92 a barrel. Brent crude , the international benchmark, inched higher 1.6% to $80.88 a barrel. Gold edged lower 0.3% to $1,964.20 per ounce. The 10-year Treasury yield dipped one basis points to 3.835% Bitcoin moved higher 0.48% to $29,865.73 Read the original article on Business Insider', 'Last week’s blisteringaltcoin rallytapered off this week as Chainlink, XRP, XLM, Stellar and TRX were the only coins to post any notable gains over the last seven days.\nBitcoin (BTC) and Ethereum (ETH) entered the weekend slightly lower than they did this time last week.\nBitcoin dropped 1.5% to its current price of $29,869, according toCoinGecko. Meanwhile, the world’s second favorite coin, ETH, dropped 2.5% to trade at $1,888 at the time of writing.\nThe steepest pullbacks among leading currencies this week were from Solana (SOL), which dropped 9.8% to $25.68, and Avalanche (AVAX), which shed 8.1% to $13.77.\nSeveral altcoins appreciated; notably, Toncoin (TON) grew 8.3% to $1.46, Stellar (XLM) blew up 23% to $0.163126, and Chainlink (LINK) rallied 15% to $7.98.\nChainlink began its rally on Monday with the launch of itsCross-Chain Interoperability Protocol(CCIP) on its mainnet. The protocol currently supportsAvalanche,Ethereum,OptimismandPolygonnetworks. It is also integrated with DeFi lending protocolsAaveandSynthetix. Chainlink says it is as anonramp for TradFi institutionsto get into tokenized digital assets.\nOn Monday, G20 watchdog the Financial Stability Board issuednine top-level recommendationsfor regulators on overseeing crypto companies and markets. It also issued revised recommendations on the oversight ofstablecoins.\nThe recommendations are designed to prevent crypto crashes on the scale of FTX and Terra incorporate feedback from the FSB’s public consultation on the topic, including calls for cross-border cooperation between regulators, governance requirements for crypto issuers, and mandatory disclosures for the industry.\nThe following day, the U.S. Securities and Exchange Commission accepted Valkyrie’s Bitcoin Spot ETF proposalfor official review. This is the second spot ETF application that has moved to the next round, following asset manager titan BlackRock’s on July 13.\nExchange operator Nasdaq on Wednesday said it wasdelaying plansto launch a digital assets custodian service.Nasdaq CEO Adena Friedman said, “Considering the shifting business and regulatory environment in the U.S., we’ve made the decision to halt our launch of the U.S. digital assets custodian business and our related efforts to pursue a relevant license.”\nShe added the company would “remain committed to supporting the evolution of the digital asset ecosystem.”\nThat day, a bipartisan group of Senatorsintroduced a billthat would require decentralized finance (DeFi) services to abide by the same compliance rules as financial firms like banks and centralized crypto exchanges, in a bid to reign in “criminals, drug traffickers, and hostile state actors such as North Korea.”\nOn Thursday, the UK Treasuryrejecteda House of Commons Treasury Committeerecommendationto classify crypto trading as gambling, stating that it "firmly disagrees" with it.\nFinally, on Friday, Republican lawmakers in Washingtonintroduced a 212-page billentitled the Financial Innovation and Technology for the 21st Century Act. The bill aims to bring clarity and a “much-needed regulatory framework.”\nThe act includes a pathway for blockchains to be certified as decentralized. The SEC would have an opportunity to push back against assertions made by token issuers that their projects meet the standard outlined in the act. It also seeks to establish a disclosure regime for the transparency and compliance of digital asset issuers.', 'Last week’s blisteringaltcoin rallytapered off this week as Chainlink, XRP, XLM, Stellar and TRX were the only coins to post any notable gains over the last seven days.\nBitcoin (BTC) and Ethereum (ETH) entered the weekend slightly lower than they did this time last week.\nBitcoin dropped 1.5% to its current price of $29,869, according toCoinGecko. Meanwhile, the world’s second favorite coin, ETH, dropped 2.5% to trade at $1,888 at the time of writing.\nThe steepest pullbacks among leading currencies this week were from Solana (SOL), which dropped 9.8% to $25.68, and Avalanche (AVAX), which shed 8.1% to $13.77.\nSeveral altcoins appreciated; notably, Toncoin (TON) grew 8.3% to $1.46, Stellar (XLM) blew up 23% to $0.163126, and Chainlink (LINK) rallied 15% to $7.98.\nChainlink began its rally on Monday with the launch of itsCross-Chain Interoperability Protocol(CCIP) on its mainnet. The protocol currently supportsAvalanche,Ethereum,OptimismandPolygonnetworks. It is also integrated with DeFi lending protocolsAaveandSynthetix. Chainlink says it is as anonramp for TradFi institutionsto get into tokenized digital assets.\nOn Monday, G20 watchdog the Financial Stability Board issuednine top-level recommendationsfor regulators on overseeing crypto companies and markets. It also issued revised recommendations on the oversight ofstablecoins.\nThe recommendations are designed to prevent crypto crashes on the scale of FTX and Terra incorporate feedback from the FSB’s public consultation on the topic, including calls for cross-border cooperation between regulato Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-22 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $579,996,949,744 - Hash Rate: 359111818.75489503 - Transaction Count: 288750.0 - Unique Addresses: 556589.0 Social & AI Sentiment: - Fear & Greed Index: 0.52 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Tokens of major blockchain networks slid more than 20% in the past 24 hours amid a likely risk-off event days after 13 tokens were alleged as securities in a U.S. Securities and Exchange Commission (SEC) lawsuit against crypto exchanges Binance and Coinbase. The bulk of these losses came in the wee hours of Saturday, data shows. Solana (SOL), polygon (MATIC) and cardano (ADA) fell as much as 25% within hours leading some on Crypto Twitter to wonder if a major crypto fund sold their holdings amid rather illiquid market conditions. Such moves pushed weekly declines for these tokens to as much as 34%, the data shows. Tokens fell as much as 25% in the past 24 hours. (CoinGecko) As such, major tokens such as bnb (BNB), dogecoin (DOGE), xrp (XRP) fell over 11%. Bitcoin (BTC) dropped 3.6% while ether (ETH) slid 4.5%. Crypto-tracked futures saw nearly $300 million in liquidations in the early hours on Saturday, data from Coinglass show, exceeding the nine-month record liquidation figures from earlier this week. Crypto liquidation refers to the process of forcibly closing a trader's positions in the cryptocurrency market. It occurs when a trader's margin account can no longer support their open positions due to significant losses or a lack of sufficient margin to meet the maintenance requirements. Earlier this week, the SEC identified tokens issued by foundations and companies or tied to protocols Polygon (MATIC), Sandbox (SAND), Filecoin (FIL), Axie Infinity (AXS), Chiliz (CHZ), Flow (FLOW), Internet Computer (ICP), Near (NEAR), Voyager (VGX), Dash (DASH) and Nexo (NEXO) as securities. This has led to some major retail trading avenues such as Robinhood to end support for tokens ADA, SOL and MATIC, likely as a response to the regulatory filings.... - 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: ["Public blockchains have been touted as cure-alls by enthusiasts over the last decade. Promoters have promised faster securities settlement, decentralized social media, instant payments, cheaper remittances, and everything in between. And indeed, these benefits may come in time. But there’s one domain in which blockchains clearly outperform their traditional counterparts today: accounting. Blockchains track debits and credits to accounts on a ledger, just like an ordinary accounting system, but in a real-time, transparent, and immutable fashion (once transfers are settled). The existence of any asset that resides on a blockchain—whether a tokenized security, or a digital commodity like Bitcoin—is fully verifiable at any time by anyone with an internet connection. The entire supply of Bitcoin, down to the tiniest unit—one satoshi—can be verified in real time by anyone running a node. What’s more, any entity can prove mathematically to any third party that they own a digital asset via a cryptographic signature, without the need for any guarantor. This isn’t the case for traditional assets or commodities, which rely on a network of intermediaries to attest to their existence. In practice, this means financial assets end up concentrated in large custodians, like the DTC with equities, or gold with organizations like the LBMA. The high cost of auditability for conventional assets tends to have a concentrating effect. This remarkable auditability property of digital assets has enabled crypto platforms to build attestation tools enabling end users to verify that their assets are actually being held in reserve, and don’t simply exist on someone else’s ledger, subject to error or fraud. And these tools are long overdue. For as long as crypto exchanges and custodians have existed, they have let down their users with a series of spectacular failures—one crisis after the next from Mt. Gox to Bitfinex to Quadriga to FTX and, most recently, Prime Trust . Those of us who believe in the promise of digital assets are fed up with this grim status quo and have begun to demand more transparency from the exchanges we all rely on. Story continues As a result, exchanges and custodial platforms today are coalescing around a simple idea: What if these platforms could indisputably prove to users that they control funds held for users? This is known in the industry as a proof of reserve, or PoR. The concept has existed in the digital asset context for around a decade, and it has been continually refined ever since. Effectively, it involves a custodial platform providing signatures attesting to their unique ownership over some digital assets on-chain, combined with a disclosure of client liabilities. By publishing these datasets, and giving end users—and even interested onlookers—the option to actually verify that a given liability corresponds to some assets, clients can gain strong assurances that the platform is sound. Legislative initiatives both at the state and federal level have focused on asking exchanges to segregate client and operating capital, and to give clients assurances in the case of platform liquidation or bankruptcy. This is necessary, but only part of the solution. Prime Trust, which recently revealed it had lost $82 million in client assets and hid those losses for years, was a Nevada Trust company. The architecture of the Trust Charter, ironclad from a legal perspective, unfortunately did little to reveal the loss of assets. A monthly—or even higher frequency—attestation, as is the standard with PoR, would have forced divulging the loss when it first occurred, because Prime Trust would not have been able to provide valid signatures for user funds held. This would have also been the case with Mt. Gox, Quadrigra, and FTX. These were all drawn out insolvencies, concealed for months if not years. An exchange engaging in PoR attestations isn’t immune from losing customer funds or being hacked, but the PoR does reveal these losses when they occur, limiting further fallout. In the wake of FTX, PoR is now being voluntarily adopted across the industry. Many of the largest exchanges worldwide, including Kraken, Binance, Bitmex, Derebit, Kucoin, and OKX, now conduct these attestations with frequency, covering tens of billions of dollars in client assets. Lawmakers in the U.S. and abroad have begun to recognize the importance of PoR. In March, Texas passed the landmark HB1666 , which requires firms with money transmitter licenses to carry out PoRs, starting in September. At the federal level, Sens. Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) included in their reintroduced Responsible Financial Innovation Act mandatory PoR and a request for PCAOB to standardize the procedure. Since 2021, Wyoming has made reference to proof of reserve in the state's Digital Asset Custody Framework. Dubai (see Reserve Assets) and Singapore (see Regulation 16C(11)) have also made reference to similar on- and off-chain reconciliations in recent guidance. Canada has recommended since 2021 that exchanges engage in PoR as a best practice. Bermuda, which is distinguishing itself as a premier crypto-focused regulator, has maintained an explicit reference to proof of reserve in its Digital Assets Custody Code of Practice since 2019. PoR is neither new nor limited in its reach to a handful of enthusiasts. It has existed for years and has already been embraced by regulators worldwide. That doesn't mean PoR is without its critics. Sens. Elizabeth Warren (D-Mass.) and Ron Wyden (D-Ore.) have engaged in a campaign of harassment leveled at auditors who service crypto firms. They aim to stymie the crypto space by stripping it of CPA firm services, which are necessary for platforms operating in compliance with MTLs and similar regulatory regimes. In a recent letter to the PCAOB, they attacked PoR and called it a “sham audit.” The PCAOB duly released an advisory letter warning investors about PoR attestations. Frightening audit firms away from a fit-for-purpose form of assurance is the opposite of what a reasonable accounting regulator should do. For its part, the AICPA has demurred on issuing any guidance on PoR even though it's progressing on stablecoin attestation standards. This uncertainty has had the effect of leaving most CPA firms unwilling to supervise these procedures. We in the industry are pushing for more sunlight, but some lawmakers in Washington aim to leave us in the dark. The standard critiques of PoR have largely been addressed. PoR is not contemplated as a substitute for standard audit types but rather as a complement. Mindful of this, the Texas legislation blends traditional and crypto-native assurance, asking for PoRs but also for CPAs to supervise them. Specialist CPA firms have emerged with expertise in overseeing these procedures. Traditional assurance is fine, but it’s no substitute for a high-frequency proof to end users that custodians have their funds. And while early PoRs ran the risk of leaking client data, innovations—such as zero-knowledge proofs —allow PoRs to be done safely. We are not asking crypto exchanges to be held to a different standard from conventional custodians. In fact, a frequent proof-of-reserve attestation provides far more transparency than conventional custodians can offer. It’s not a substitute to standard audits but rather a more narrow complement—it enhances conventional audits. Together, the two provide a level of assurance not otherwise attainable. We ask simply that Washington stop undermining the industry’s efforts to clean itself up, recognize the validity of PoR, and facilitate its proliferation across the industry. Lawmakers should encourage the accounting standards setting bodies, like the FASB or the PCAOB, to ratify industry efforts around PoR so audit firms feel empowered to supervise them. And they should recognize the good work that custodians are already doing to make themselves more transparent and accountable. The crypto industry is working hard to gain back trust. If PoR becomes widespread and standardized, we will exceed the level of assurance that custodians can offer with traditional assets. This is a worthy goal, and one that Washington should support. Nic Carter is the cofounder of blockchain-focused investment firm Castle Island Ventures and the cofounder of blockchain data company Coin Metrics. The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune . This story was originally featured on Fortune.com More from Fortune: 5 side hustles where you may earn over $20,000 per year—all while working from home Looking to make extra cash? This CD has a 5.15% APY right now Buying a house? Here's how much to save This is how much money you need to earn annually to comfortably buy a $600,000 home", "Public blockchains have been touted as cure-alls by enthusiasts over the last decade. Promoters have promised faster securities settlement, decentralized social media, instant payments, cheaper remittances, and everything in between. And indeed, these benefits may come in time. But there’s one domain in which blockchains clearly outperform their traditional counterparts today: accounting.\nBlockchains track debits and credits to accounts on a ledger, just like an ordinary accounting system, but in a real-time, transparent, and immutable fashion (once transfers are settled). The existence of any asset that resides on a blockchain—whether a tokenized security, or a digital commodity like Bitcoin—is fully verifiable at any time by anyone with an internet connection. The entire supply of Bitcoin, down to the tiniest unit—one satoshi—can be verified in real time by anyone running a node. What’s more, any entity can prove mathematically to any third party that they own a digital asset via a cryptographic signature, without the need for any guarantor. This isn’t the case for traditional assets or Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-23 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $582,080,026,169 - Hash Rate: 393951025.0520118 - Transaction Count: 559624.0 - Unique Addresses: 691587.0 Social & AI Sentiment: - Fear & Greed Index: 0.54 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin rose on Wednesday morning in Asia to trade above US$30,500, as U.K. bank Standard Chartered’s Monday prediction for a Bitcoin rally continued to boost investor sentiment. Ether traded flat while most other top 10 non-stablecoin cryptocurrencies logged gains, with Solana’s SOL token leading the winners. U.S. equity futures moved higher in the Asia time zone on Wednesday ahead of the release of June inflation data. Bitcoin rose 0.74% over the last 24 hours to US$30,608 as of 07:30 a.m. in Hong Kong, but still held a weekly loss of 0.63%, according todatafrom CoinMarketCap. Crypto investor optimism continues after Standard Chartered Bank’s Bitcoinprojectionon Monday that the coin would reach US$50,000 by the end of 2023 and US$120,000 in 2024. “While predicting the timing of market moves is always tricky, the case for a significant increase in the price of Bitcoin in the foreseeable future is clear,” said Bradley Duke, founder and chief strategy officer of crypto ETP providerETC Group. “The supply-side of the equation remains famously fixed: the total amount of bitcoin is hard-capped at 21 million bitcoin, but the current news flow suggests that the demand-side is set to increase significantly,” Duke said. “With Blackrock filing for a spot Bitcoin exchange-traded fund (ETF) in the US, given their past success rate, the belief is that this application is likely to be approved. This will enable massive pent-up demand for Bitcoin in the US and elsewhere to finally be able to flow into the market, and it’s logical that the price of Bitcoin responds in a proportionate manner,” Duke added. Elsewhere, the Chicago Board Options Exchange (Cboe) on Tuesdayfiledseveral amendments to its own spot Bitcoin ETF applications. It added surveillance-sharing agreements with the U.S. crypto exchange Coinbase. The move drove the latter’s share price to surge 9.78% on Tuesday. Other factors are also contributing to a potential Bitcoin rally in 2024, according to Greg Moritz, co-founder at crypto hedge fundAltTab Capital. He noted that next year will be the Bitcoin “halving” event. This is a programmed occurrence in which the rate of new Bitcoin being produced is reduced by half, increasing scarcity. “As scarcity increases and demand grows, assets generally rise in price,” Moritz said. “We’ve seen a very large uptick in interest from institutional capital, and when the smart money is getting into an asset class, it’s because they too see the potential for strong growth,” he added. Meanwhile, Ether dipped 0.20% to US$1,877. Like Bitcoin, the second-largest cryptocurrency still has some losses to recover and is down 3.13% for the week. Most other top 10 non-stablecoin cryptocurrencies logged gains in the past 24 hours with the exception of Ether, XRP and TRX. All three logged moderate declines within 0.35%. Solana’s SOL led the winners, rising 3.11% to US$22.05 and jumping 13.67% for the week. The surge accompanies a growth in the Solana-based decentralized finance (DeFi) ecosystem. The Solana platform has seen its total locked value rise 8.3% since the start of July, according to DeFi data trackerDefiLlama. “SOL has gained over 15% in the last seven days. While I remain dubious about its ability to truly become a leader in the smart-contract world again, it seems that traders see things differently or at least are willing to take a bet on the coin now being undervalued,” said Justin d’Anethan, head of APAC business development at Belgium-based crypto market-makerKeyrock. Elsewhere, blockchain analytics firm Lookonchainreportedon Wednesday that a so-called whale trader deposited more than 141,000 BNB tokens (US$35 million) to crypto exchange Binance. The move was a potential precursor to theArkham (ARKM) token sale, which started on early Wednesday in Asia. The purchase has at least raised anticipation levels among investors prior to the event. The total crypto market capitalization moved up 0.50% in the past 24 hours to US$1.19 trillion, while trading volume dropped 17.52% to US$27.46 billion. The indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella. The mainForkast 500 NFT indexfell 0.91% in the 24 hours to 09:30 a.m. in Hong Kong to 2,707.4. Forkast’s Ethereum, Solana and Polygon NFT market indices also dropped, while Cardano’s index rose. Parallel Avatars, an Ethereum-based NFT collection for Web3 sci-fi gameParallel, was launched on July 11. It stormed the market with a sales volume of US$1.50 million in the past day. That made it the third-largest collection by 24-hour volume, according to data fromCryptoSlam. Station3 Patron, another newly-launched Ethereum NFT collection, ranked fifth with a 24-hour volume of US$985,500. “(Thecollection) raises funds to give grants to (Web3) builders. Holders of the NFT will be entered in raffles to win pretty highly regarded artwork from Tyler Hobbs (Fidenza artist), Ringeres, Thomas Lin Pedersen, etc, and the NFT artwork itself is from well-respected artist Grant Yun,” said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News. Sales volume for the Bored Ape Yacht Club (BAYC) collection dropped 13.92% to US$850,425 and fell out of the top 5 NFT collections. The collection’s floor price has dropped by 24% over the past 30 days, according to NFT analytics platformWGMI.io. Given the bearish sentiment for BAYC, ApeCoin, the utility token of the BAYC ecosystem, fell to an all-time low of US$1.86 last Friday. That is a near 50% drop from the start of the year, according to data fromCoinGecko. “There’s not much on the horizon that could turn this market around, and instead, I see prices falling much further when traders realize last week’s recovery was short-lived,” said Petscher in a Wednesdaycommentary. “The end of Blur’sseason tworewards could be a turning point, bringing the end of mass wash trading or the beginning of fresh new rewards.” Elsewhere, Japanese gaming giantSegaCorporation on Monday announced apartnershipwith Line Next, an NFT branch of social media platform Line Corp. The two companies will develop one of Sega’s classic game titles into a blockchain-based game featuring NFTs and digital payments. The partnership was unveiled days after Sega wasreportedto be winding down its Web3 gaming businesses. U.S. stock futurestradedflat as of 11:50 a.m. in Hong Kong. Dow Jones Industrial Average futures dipped while S&P 500 and Nasdaq futures edged higher. All three major U.S. indexes closed higher in regular Tuesday trading. Investors are waiting for Wednesday’s release of the U.S. consumer price index (CPI) in June. The report will provide the latest insights into the country’s inflation situation and the Federal Reserve’s future monetary policies. Several Fed officialssaidon Monday that more interest rate hikes may be needed to bring the annual inflation rate below 2%. However, there were also those who noted that an end to the Fed’s monetary tightening cycle is in sight. Analysts expect the U.S. annual inflation rate to drop to 3.03% in June, down from 4% in May, according to aBloombergreport published Monday. The Federal Reserve meets on July 26 to discuss its next move on rates, which now sit between 5% and 5.25%. TheCME FedWatch Toolpredicts a 92.4% chance the Fed will enact a 25-basis-point rate increase this month, and a 7.6% chance it will leave the rate unchanged. Meanwhile, the U.S. producer price index in June is set to be released on Thursday. U.S. financial giants including JPMorgan Chase, Wells Fargo, Citigroup, and BlackRock will also release their second-quarter earnings later this week to kick off the reporting season. Elsewhere, main stock indexes across Asia traded mixed on Wednesday morning. China’sShanghai Compositeand Japan’sNikkeiedged lower, while Hong Kong’sHang Sengand South Korea’sKospitraded higher. The People’s Bank of China on Tuesdayreportedan acceleration in the country’s new loans for June. That raisedhopethat the economy’s growth will speed up in the second half of the year. (Updates with equity section.)... - Reddit Posts (Sample): []... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin rose in early Monday morning trading in Asia to reclaim the US$30,000 support level, but later retreated. Ether moved higher to near US$1,900, while most other top 10 non-stablecoin cryptocurrencies logged gains. Cardano’s ADA token led the winners. In other markets, NFTs traded flat, while U.S. equity futures did the same. The week ahead brings lots more earnings in the U.S. for investors to get a picture of the state of the economy, while the Federal Reserve has a two-day meeting where it’s expected to raise interest rates.\nBitcoin rose 1.33% over the 24 hours to US$30,059 as of 07:30 a.m. in Hong Kong, according todatafrom CoinMarketCap. Ether gained 1.73% to US$1,887.\nHowever, both tokens have yet tomake up lossesfor the past seven days, with Bitcoin off 0.37% for the week, while Ether is sitting on a weekly loss of 1.73%.\xa0Bitcoin fell back later in the morning.\nTrading in Bitcoin and Ether will remain rangebound until the Fed decision on rates on July 27, Mark Wong, senior trader at Hong Kong-based digital asset platform Hashkey Group, said in a Friday newsletter. “A rate hike is all but priced in with an implied probability of 99.8% from the futures market,” Wong said.\nMost other top 10 non-stablecoin cryptocurrencies also traded higher Monday, with Cardano’s ADA token leading the winners with a gain of 3.01% to US$0.3169 and up 0.59% for the week.\nInput Output Global, one of the developers behind the Cardano blockchain, last week saidMithril– a Cardano stake-based signature scheme – was nearing its mainnet launch to improve the node syncing and security of the Cardano network.\nOn the regulatory front, a portion of the court’s recent verdict in theRipple casewas “wrongly decided,”saidthe U.S. Securities and Exchange Commission (SEC) on Friday in documents filed in its on-going lawsuit against Singapore-based Terraform Labs, hinting that the SEC would challenge the Ripple ruling.\nThe SEC in FebruarychargedSingapore-based Terraform Labs Pte and its co-founder Do Hyeong Kwon with orchestrating a multi-billion dollar crypto asset securities fraud involving an algorithmic stablecoin and other crypto asset securities.\nThe total crypto market capitalization rose 1.14% in the past 24 hours to US$1.20 trillion, while trading volume rose 13.56% to US$24.5 billion.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nThe mainForkast 500 NFT indexedged up 0.08% in the past 24 hours to 2,674.69 as of 10:10 a.m. in Hong Kong. Forkast’s Ethereum, Solana and Polygon NFT market indices moved lower, while the Cardano index logged gains.\nTotal NFT sales volume rose 1.30% in the past 24 hours to US$17.24 million, according to data fromCryptoSlam, with the volume on Ethereum totaling US$12.02 million or more than two thirds of the total.\nAmong all NFT collections, Ethereum-based Bored Ape Yacht Club topped the 24-hour sales volume at US$1.60 million, edging up 1.19%. Volumes traded mixed in the top five NFT collections.\nOpenSea, the world’s second-largest NFT marketplace by trading volume,launchedits “Deals” function on Friday, which allows its NFT holders to directly swap their collections with each other and include wrapped Ether (WETH) in their offers to sweeten up the transactions.\nElsewhere, the slump in value of Twitter Co-Founder Jack Dorsey’s first NFT caught the attention of mainstream media includingCNBCandthe Economic Timeson Sunday. The NFT, based on Dorsey’s first Twitter post, sold at over US$2.1 million in 2021, but the highest offer for the NFT is now 1 ETH (US$1,875), according toOpenSea.\n“The NFT market is looking rather flat in the Forkast 500 index, (which) reflects that continued downtrend we’ve been watching most of the year,” Yehudah Petscher, NFT Strategist at Forkast Labs,saidon Friday. The Forkast 500 NFT index has dropped over 35% since the start of the year.\n“With the exception of January, the market almost completely slants right,” said Petscher.\nU.S. stock futurestradedmixed as of 12:30 p.m. in Hong Kong, with Dow Jones Industrial Average and S&P 500 futures dipping and Nasdaq futures edging higher. The three major U.S. indexes closed mixed in regular trading on Friday.\nAsia’s main stock indexes also traded mixed on Monday morning. China’sShanghai Composite, Japan’sNikkeiand South Korea’sKospiall gained, while Hong Kong’sHang Sengfell.\nThe U.S. Federal Reserve meets Wednesday and Thursday this week on interest rates and analysts overwhelmingly expect another 25-basis-point rate hike. The European Central Bank (ECB) is also expected to raise its rates later this week.\nTheCME FedWatch Toolpredicts a 99.8% chance the Fed will raise rates to the range of 5.25% to 5.5% on July 26, the highest since January 2001.\nWith a rate hike priced into many markets, the focus on the Fed meeting will be forward guidance on monetary policies. Both Federal Reserve Chair Jerome Powell and ECB President Christine Lagarde have flagged stubborn inflation as a concern, according toBloombergon Saturday.\nAlong with the Fed and ECB, Japan’s central bank will also meet this week, but there is little likelihood of any change to its ultra-loose monetary policy.\nIn the U.S. this week, more than 150 U.S. corporations, including Microsoft, Alphabet and Meta Platforms, will release second-quarter results.\n(Updates with equity section.)', 'Bitcoin rose in early Monday morning trading in Asia to reclaim the US$30,000 support level, but later retreated. Ether moved higher to near US$1,900, while most other top 10 non-stablecoin cryptocurrencies logged gains. Cardano’s ADA token led the winners. In other markets, NFTs traded flat, while U.S. equity futures did the same. The week ahead brings lots more earnings in the U.S. for investors to get a picture of the state of the economy, while the Federal Reserve has a two-day meeting where it’s expected to raise interest rates.\nBitcoin rose 1.33% over the 24 hours to US$30,059 as of 07:30 a.m. in Hong Kong, according todatafrom CoinMarketCap. Ether gained 1.73% to US$1,887.\nHowever, both tokens have yet tomake up lossesfor the past seven days, with Bitcoin off 0.37% for the week, while Ether is sitting on a weekly loss of 1.73%.\xa0Bitcoin fell back later in the morning.\nTrading in Bitcoin and Ether will remain rangebound until the Fed decision on rates on July 27, Mark Wong, senior trader at Hong Kong-based digital asset platform Hashkey Group, said in a Friday newsletter. “A rate hike is all but priced in with an implied probability of 99.8% from the futures market,” Wong said.\nMost other top 10 non-stablecoin cryptocurrencies also traded higher Monday, with Cardano’s ADA token leading the winners with a gain of 3.01% to US$0.3169 and up 0.59% for the week.\nInput Output Global, one of the developers behind the Cardano blockchain, last week saidMithril– a Cardano stake-based signature scheme – was nearing its mainnet launch to improve the node syncing and security of the Cardano network.\nOn the regulatory front, a portion of the court’s recent verdict in theRipple casewas “wrongly decided,”saidthe U.S. Securities and Exchange Commission (SEC) on Friday in documents filed in its on-going lawsuit against Singapore-based Terraform Labs, hinting that the SEC would challenge the Ripple ruling.\nThe SEC in FebruarychargedSingapore-based Terraform Labs Pte and its co-founder Do Hyeong Kwon with orchestrating a multi-billion dollar crypto asset securities fraud involving an algorithmic stablecoin and other crypto asset securities.\nThe total crypto market capitalization rose 1.14% in the past 24 hours to US$1.20 trillion, while trading volume rose 13.56% to US$24.5 billion.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nThe mainForkast 500 NFT indexedged up 0.08% in the past 24 hours to 2,674.69 as of 10:10 a.m. in Hong Kong. Forkast’s Ethereum, Solana and Polygon NFT market indices moved lower, while the Cardano index logged gains.\nTotal NFT sales volume rose 1.30% in the past 24 hours to US$17.24 million, according to data fromCryptoSlam, with the volume on Ethereum totaling US$12.02 million or more than two thirds of the total.\nAmong all NFT collections, Ethereum-based Bored Ape Yacht Club topped the 24-hour sales volume at US$1.60 million, edging up 1.19%. Volumes traded mixed in the top five NFT collections.\nOpenSea, the world’s second-largest NFT marketplace by trading volume,launchedits “Deals” function on Friday, which allows its NFT holders to directly swap their collections with each other and include wrapped Ether (WETH) in their offers to sweeten up the transactions.\nElsewhere, the slump in value of Twitter Co-Founder Jack Dorsey’s first NFT caught the attention of mainstream media includingCNBCandthe Economic Timeson Sunday. The NFT, based on Dorsey’s first Twitter post, sold at over US$2.1 million in 2021, but the highest offer for the NFT is now 1 ETH (US$1,875), according toOpenSea.\n“The NFT market is looking rather flat in the Forkast 500 index, (which) reflects that continued downtrend we’ve been watching most of the year,” Yehudah Petscher, NFT Strategist at Forkast Labs,saidon Friday. The Forkast 500 NFT index has dropped over 35% since the start of the year.\n“With the exception of January, the market almost completely slants right,” said Petscher.\nU.S. stock futurestradedmixed as of 12:30 p.m. in Hong Kong, with Dow Jones Industrial Average and S&P 500 futures dipping and Nasdaq futures edging higher. The three major U.S. indexes closed mixed in regular trading on Friday.\nAsia’s main stock indexes also traded mixed on Monday morning. China’sShanghai Composite, Japan’sNikkeiand South Korea’sKospiall gained, while Hong Kong’sHang Sengfell.\nThe U.S. Federal Reserve meets Wednesday 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: 2023-07-24 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $567,874,414,031 - Hash Rate: 401990841.889808 - Transaction Count: 529923.0 - Unique Addresses: 704020.0 Social & AI Sentiment: - Fear & Greed Index: 0.55 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Federal Reserve building. REUTERS/Jonathan Ernst Major indexes rose on Tuesday ahead of new inflation data set to release midweek. Markets are also weighing comments from the Fed officials on Monday indicating rates need to go higher. Second-quarter earnings season will kick off on Friday with the big banks. US stocks climbed on Tuesday as traders weighed comments from Federal Reserve officials a day earlier and braced for an important inflation reading to drop on Wednesday. The Fed's Mary Daly and Loretta Mester both indicated on Monday that they see rates having to move higher in order to get inflation under control. The Fed paused rate hikes at its June meeting, though Mester said that if it were just up to her, she would have raised again. Meanwhile, Daly noted in remarks at the Brookings Institution that "a couple more" rate hikes are probably needed to get inflation to the Fed's 2% goal. The June consumer price index reading will publish on Wednesday, and traders are eagerly eyeing more signs that inflation continues to slow. Fundstrat's Tom Lee on Monday initiated a rare short-term buy call for the S&P 500 this week, predicting the benchmark index to rise to 4,500 by the end of the week on cooler CPI data. Here's where US indexes stood shortly after the 9:30 a.m. ET opening bell on Tuesday: S&P 500 : 4,415.55, up 0.14% Dow Jones Industrial Average : 34,074.60, 0.38% (130.20 points) Nasdaq Composite : 13,706.74, up 0.16% Here's what else is happening today: Here are the 10 biggest surprises that changed the game for investors in the first half of the year. Bond king and former PIMCO exec Bill Gross warned that consumers are about to run out of cash , making recession more likely. Tech gets all the attention in this year's stock market rally but some of the biggest stars have been outshined by some unlikely names. Used car prices are crashing. That could be a big help to getting inflation lower. In commodities, bonds, and crypto: Oil prices were up. West Texas Intermediate crude climbed 1% to $73.76 a barrel. Brent, the international benchmark, rose 1% to $78.44 a barrel. Gold edged up 0.4% to $1,938.50 an ounce. The 10-year Treasury yield dipped two basis points to 3.978%. Bitcoin inched up less than 1% to $30,417. Read the original article on Business Insider... - Reddit Posts (Sample): []... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.

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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: ['SEC Chair Gary Gensler will be in the hot seat on Tuesday, the star witness before the full U.S. House Committee on Financial Services on the topic of "Oversight of the Securities and Exchange Commission." The next day, the Subcommittee on Digital Assets, Financial Technology and Inclusion will take up draft legislation relating to stablecoins. On the regulatory front, Gensler has found himself again under fire from within his own agency, with SEC Commissioner Hester Peirce on Friday filing a robust dissent against Gensler\'s latest policy move , which changes the statutory definition of a securities exchange to include cryptocurrency and digital asset exchanges. Gensler said amendments to the definition of \x93exchange\x94 under the federal Exchange Act Rule are necessary to address platforms that trade crypto asset securities, including "so-called \'DeFi\' systems," asserting that "many crypto trading platforms already come under the current definition of an exchange." Pierce titled her rebuttal, "Rendering Innovation Kaput." SEC\x92s Hester Peirce Says Gensler\x92s Plan to Target DeFi Undermines First Amendment "Rather than embracing the promise of new technology as we have done in the past, here we propose to embrace stagnation, force centralization, urge expatriation, and welcome extinction of new technology," Pierce wrote, going as far as to say the SEC\'s release "undermines fundamental First Amendment protections." The dispute over the definition of an exchange is only one of the items on the Financial Services Committee agenda, however. "This hearing will examine the regulatory developments, rulemakings, and activities that the SEC has undertaken in the period since the last hearing on October 5, 2021," explained the committee majority staff, including the definition change that "potentially [expands] the SEC\x92s authority over digital asset trading platforms." Story continues Also on the docket, a SEC declaration from last March calling on digital asset custodians to change the way they report liabilities and assets\x97which some lawmakers said increased potential losses . The committee will also revisit a SEC proposal made in February that called for registered investment advisors to include Bitcoin holdings among other assets held by "qualified custodians." \x93In what is becoming something of a habit, the Commission is once more proposing to dictate contract provisions involving entities the Commission does not regulate,\x94 Peirce said at the time. \x93The Commission does not have authority to regulate custodians directly, but we propose to regulate them indirectly." SEC\x92s Hester Peirce Says Gensler\x92s Plan to Target DeFi Undermines First Amendment The next day, Congress will take up the topic, "Understanding Stablecoins\x92 Role in Payments and the Need for Legislation." The Wednesday hearing agenda includes reviewing 72 pages of draft legislation "to provide requirements for payment stablecoin issuers, research on a digital dollar, and for other purposes." The draft bill includes extensive definitions, establishes requirements at the federal and state level to issue stablecoins, and sets up standards for interoperability, reporting, and enforcement. The legislation also calls for a two year moratorium on new stablecoins until a study can be completed by the U.S. Treasury. Jeremy Allaire, Co-founder & CEO of Circle, called the bill "a product of bi-partisan efforts" and "the first comprehensive proposed law for Payment stablecoins." Draft US Digital Dollar / Payment Stablecoin Bill Enters Congress 1/ A product of bi-partisan efforts, the first comprehensive proposed law for Payment Stablecoins has arrived in Congress. Some thoughts below: https://t.co/SD0x2oQMmk \x97 Jeremy Allaire (@jerallaire) April 15, 2023 "It\'s an extraordinary moment for the future of the dollar in the world, and the future of currency on the internet," Allaire declared on Twitter. "It\'s time for US leadership, and that means clear regulation and empowering entrepreneurship and innovation within the framework of US prudential law." Among those expected to testify are Dante Disparte, Chief Strategy Officer and global policy head at Circle, Jake Chervinsky, Chief Policy Officer at the Blockchain Association, Columbia Business School adjunct assistant professor Austin Campbell, and Adrienne A. Harris, sSuperintendent of the New York State Department of Financial Services. Advising followers to tune into the Wednesday hearing, Allaire acknowledged that the proposed bill still needs more work. "While comprehensive, there are clearly open and challenging issues with the bill as proposed, and now is the time for our country and political leaders to really dig in and get this right," he said. "The role of the dollar in the world is at stake."', 'SEC Chair Gary Gensler will be in the hot seat on Tuesday, the star witness before the full U.S. House Committee on Financial Services on the topic of "Oversight of the Securities and Exchange Commission." The next day, the Subcommittee on Digital Assets, Financial Technology and Inclusion will take up draft legislation relating to stablecoins.\nOn the regulatory front, Gensler has found himself again under fire from within his own agency, with SEC Commissioner Hester Peirce on Friday filing arobust dissentagainst Gensler\'slatest policy move, which changes the statutory definition of a securities exchange to include cryptocurrency and digital asset exchanges.\nGensler said amendments to the definition of “exchange” under the federal Exchange Act Rule are necessary to address platforms that trade crypto asset securities, including "so-called \'DeFi\' systems," asserting that "many crypto trading platforms already come under the current definition of an exchange."\nPierce titled her rebuttal, "Rendering Innovation Kaput."\nSEC’s Hester Peirce Says Gensler’s Plan to Target DeFi Undermines First Amendment\n"Rather than embracing the promise of new technology as we have done in the past, here we propose to embrace stagnation, force centralization, urge expatriation, and welcome extinction of new technology," Pierce wrote, going as far as to say the SEC\'s release "undermines fundamental First Amendment protections."\nThe dispute over the definition of an exchange is only one of the items on the Financial Services Committee agenda, however.\n"This hearing will examine the regulatory developments, rulemakings, and activities that the SEC has undertaken in the period since the last hearing on October 5, 2021,"explainedthe committee majority staff, including the definition change that "potentially [expands] the SEC’s authority over digital asset trading platforms."\nAlso on the docket, a SEC declaration from last March calling on digital asset custodians to change the way they report liabilities and assets—which some lawmakers saidincreased potential losses. The committee will also revisit a SEC proposal made in February that called for registered investment advisors to include Bitcoin holdings among other assets held by "qualified custodians."\n“In what is becoming something of a habit, the Commission is once more proposing to dictate contract provisions involving entities the Commission does not regulate,” Peirce said at the time. “The Commission does not have authority to regulate custodians directly, but we propose to regulate them indirectly."\nSEC’s Hester Peirce Says Gensler’s Plan to Target DeFi Undermines First Amendment\nThe next day, Congress will take up the topic, "Understanding Stablecoins’ Role in Payments and the Need for Legislation." The Wednesday hearing agenda includes reviewing 72 pages ofdraft legislation"to provide requirements for payment stablecoin issuers, research on a digital dollar, and for other purposes."\nThe draft bill includes extensive definitions, establishes requirements at the federal and state level to issue stablecoins, and sets up standards for interoperability, reporting, and enforcement. The legislation also calls for a two year moratorium on new stablecoins until a study can be completed by the U.S. Treasury.\nJeremy Allaire, Co-founder & CEO of Circle, called the bill "a product of bi-partisan efforts" and "the first comprehensive proposed law for Payment stablecoins."\n"It\'s an extraordinary moment for the future of the dollar in the world, and the future of currency on the internet," Allaire declared on Twitter. "It\'s time for US leadership, and that means clear regulation and empowering entrepreneurship and innovation within the framework of US prudential law."\nAmong those expected to testify are Dante Disparte, Chief Strategy Officer and global policy head at Circle, Jake Chervinsky, Chief Policy Officer at the Blockchain Association, Columbia Business School adjunct assistant professor Austin Campbell, and Adrienne A. Harris, sSuperintendent of the New York State Department of Financial Services.\nAdvising followers to tune into the Wednesday hearing, Allaire acknowledged that the proposed bill still needs more work.\n"While comprehensive, there are clearly open and challenging issues with the bill as proposed, and now is the time for our country and political leaders to really dig in and get this right," he said. "The role of the dollar in the world is at stake."', 'High-profile tech entrepreneur Bob Lee was stabbed to death outside a luxury apartment building in San Francisco in the early hours of 4 April. The 43-year-old was found at 2.35am outside a luxury high rise apartment on the 300 block of Main St, near Rincon Hill and the Bay Bridge, with life-threatening stab wounds, the San Francisco Police Department said in a statement. The tech executive was treated at the scene by first responders before being rushed to hospital where he died from his injuries, police said. Police arrested fellow tech executive Nima Momeni on 13 April in connection with the killing and he was booked into the San Francisco Sheriff’s Jail. The reported Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-04-16 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $585,844,949,500 - Hash Rate: 295183695.9763696 - Transaction Count: 232268.0 - Unique Addresses: 558992.0 Social & AI Sentiment: - Fear & Greed Index: 0.68 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: NEW YORK , March 15, 2023 /PRNewswire/ -- The global sports trading card market size is estimated to grow by USD 6.71 billion from 2021 to 2026, according to Technavio. The market is estimated to grow at a CAGR of 13.36% during the forecast period. The rising demand to acquire sports trading cards online is driving the sports trading card market growth significantly, although factors such as growing online data security issues may hinder the market growth. Technavio has announced its latest market research report titled Global Sports Trading Card Market 2022-2026 For more insights on the forecast market size (2021 to 2026) - Request a sample report What's New? Recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession Global competitiveness and key competitor positions Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - buy the report! Sports Trading Card Market - Segmentation Assessment Segment Overview Technavio has segmented the market based on distribution channel (online and offline) and geography ( Europe , North America , APAC, South America , and the Middle East and Africa ). The market share growth in the online segment will be significant during the forecast period. For instance, Panini Group., a US-based online sports trading card supplier, offers Panini's blockchain technology. This technology allows collectors to possess or trade Panini NFT trading cards. They are digital trading cards that exist on a blockchain network in the same manner as real trading cards. Hence, such developments are expected to fuel the growth of the market in the online segment during the forecast period. Geography Overview By geography, the global sports trading card market is segmented into Europe , North America , APAC, South America , and Middle East and Africa . The report provides actionable insights and estimates the contribution of all regions to the growth of the global sports trading card market. Europe is expected to contribute to 44% of the growth of the global sports trading card market during the forecast period. The growth in the sports trading card market in Europe is facilitated by the growth of the sports industry. Market growth in the Europe region is estimated to be slower than the growth of the market in APAC. Insights on the market contribution of various segments including country and region wise, and forecast market size (2021 to 2026) - Download a Sample Report Sports Trading Card Market – Vendor Analysis The sports trading card market has evolved from an early adopter to a multi-billion-dollar market, globally. Choice Marketing Sportscards, Futera Ltd., Leaf Trading Cards, NETPRO Trading Cards LLC, Panini group, Select Australia Pty Ltd, The Upper Deck Co., TOPPS Co. Inc., TRISTAR Productions Inc., and United States Baseball Federation Inc. are some of the prominent vendors in the market. Story continues Sports Trading Card Market – Market Dynamics Key factor driving market growth The growing demand to acquire sports trading cards online is one of the key drivers supporting the sports trading card market growth. The two technological advances, non- fungible tokens (NFTs) and blockchain technology have revolutionized the way fans obtain trading cards online. Moreover, the declining smartphone average selling price (ASP) and advancements in communication network infrastructure have led to the growth in smartphone adoption. This provides opportunities for fans to obtain sports trading cards online without worrying about misplacing them. Hence, the growing usage of technologies like blockchain, coupled with the increasing prevalence of smartphones, is likely to influence the growth of the market during the forecast period. Leading trends influencing the market The introduction of bitcoin to acquire sports trading cards online is a key sports trading card market trend contributing to the growth of the sports trading card market. Bitcoin is a digital, decentralized currency, which is used to make transactions over the Internet. It provides a high level of anonymity and is not regulated by the central bank of countries. Digital currency provides various advantages over regular currency, such as international transactions, easy deposits and withdrawals, lower fraud risks, and others. Furthermore, users do not have to provide personal details while using bitcoins to acquire sports trading cards. This leads to customer satisfaction and enhanced online acquisitions of sports trading cards. It is expected to increase the demand for sports trading cards during the forecast period. Major challenges hindering the market growth One of the factors hindering the sports trading card market growth is the increasing number of online data security issues. Most sports trading card websites do not possess a proper dispute resolution framework and lack transparency in payout processes. They also lack fair online trading standards, which reduces the credibility of online sports trading card platform providers. The credibility issues impact the growth of the sports trading cards market negatively and discourage new users from acquiring sports trading cards online. Hence, the growing online data security issues are expected to impede market growth during the forecast period. Insights on market drivers, trends, & challenges, and forecast period(2021 to 2026)- Request a sample report! What are the key data covered in this Sports Trading Card Market report? CAGR of the market during the forecast period Detailed information on factors that will drive the growth of the sports trading card market between 2022 and 2026 Precise estimation of the size of the sports trading card market and its contribution to the market with a focus on the parent market Accurate predictions about upcoming trends and changes in consumer behavior Growth of the sports trading card market across Europe , North America , APAC, South America , and Middle East and Africa A thorough analysis of the market's competitive landscape and detailed information about vendors Comprehensive analysis of factors that will challenge the growth of sports trading card market vendors Gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Related Reports: The online trading platform market size is expected to increase by USD 2.66 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.67%. The growth opportunities and demand for online trading platforms in the APAC region are key drivers fueling the market's growth. The sports analytics market size is expected to increase to USD 2.93 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 20.65%. One of the key factors driving the global sports analytics market growth is the growing adoption of cloud-based deployment solutions. Sports Trading Card Market Scope Report Coverage Details Base year 2021 Historic period 2017-2021 Forecast period 2022-2026 Growth momentum & CAGR Accelerate at a CAGR of 13.36% Market growth 2022-2026 USD 6.71 billion Market structure Concentrated YoY growth 2022-2023 (%) 12.65 Regional analysis Europe, North America, APAC, South America, and Middle East and Africa Performing market contribution Europe at 44% Key countries US, China, UK, France, and Germany, Canada, Mexico, Italy,Spain, India, Japan, Australia, and South Korea Competitive landscape Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks Key companies profiled Choice Marketing Sportscards, Futera Ltd., Leaf Trading Cards, NETPRO Trading Cards LLC, Panini group, Select Australia Pty Ltd, The Upper Deck Co., TOPPS Co. Inc., TRISTAR Productions Inc., and United States Baseball Federation Inc. Market dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. Browse for Technavio Consumer Discretionary market reports Table of Contents 1 Executive Summary 1.1 Market overview 2 Market Landscape 2.1 Market ecosystem 3 Market Sizing 3.1 Market definition 3.2 Market segment analysis 3.3 Market size 2021 3.4 Market outlook: Forecast for 2021-2026 4 Five Forces Analysis 4.1 Five forces summary 4.2 Bargaining power of buyers 4.3 Bargaining power of suppliers 4.4 Threat of new entrants 4.5 Threat of substitutes 4.6 Threat of rivalry 4.7 Market condition 5 Market Segmentation by Distribution Channel 5.1 Market segments 5.2 Comparison by Distribution Channel 5.3 Online - Market size and forecast 2021-2026 5.4 Offline - Market size and forecast 2021-2026 5.5 Market opportunity by Distribution Channel 6 Customer Landscape 6.1 Customer landscape overview 7 Geographic Landscape 7.1 Geographic segmentation 7.2 Geographic comparison 7.3 Europe - Market size and forecast 2021-2026 7.4 North America - Market size and forecast 2021-2026 7.5 APAC - Market size and forecast 2021-2026 7.6 South America - Market size and forecast 2021-2026 7.7 Middle East and Africa - Market size and forecast 2021-2026 7.8 US - Market size and forecast 2021-2026 7.9 UK - Market size and forecast 2021-2026 7.10 France - Market size and forecast 2021-2026 7.11 China - Market size and forecast 2021-2026 7.12 Germany - Market size and forecast 2021-2026 7.13 Market opportunity by geography 8 Drivers, Challenges, and Trends 8.1 Market drivers 8.2 Market challenges 8.3 Impact of drivers and challenges 8.4 Market trends 9 Vendor Landscape 9.1 Overview 9.2 Vendor landscape 9.3 Landscape disruption 9.4 Industry risks 10 Vendor Analysis 10.1 Vendors covered 10.2 Market positioning of vendors 10.3 Choice Marketing Sportscards 10.4 Futera Ltd. 10.5 Leaf Tra... - Reddit Posts (Sample): [['u/AmogusTD', 'Bitcoin Whitepaper', 50, '2023-04-16 01:02', 'https://www.reddit.com/r/Buttcoin/comments/12nm46s/bitcoin_whitepaper/', 'I read the abstract and introduction of the Bitcoin white paper and noticed how the author states that the need for trusted third parties is reduced.\n\nBut in the same paragraph, there is this bit: “routine escrow mechanisms could easily be implemented to protect buyers.”\n\nWhat does this mean? Isn’t an escrow a trusted third-party? Does Bitcoin simply shift the burden of fraud from buyers to sellers without meaningfully reducing third-party reliance via its non-reversible transaction mechanism?', 'https://www.reddit.com/r/Buttcoin/comments/12nm46s/bitcoin_whitepaper/', '12nm46s', [['u/gaterooze', 41, '2023-04-16 01:04', 'https://www.reddit.com/r/Buttcoin/comments/12nm46s/bitcoin_whitepaper/jgezj4o/', 'Few understand.', '12nm46s'], ['u/therobotisjames', 23, '2023-04-16 01:40', 'https://www.reddit.com/r/Buttcoin/comments/12nm46s/bitcoin_whitepaper/jgf41fk/', 'Even less bother caring.', '12nm46s'], ['u/Potential-Coat-7233', 17, '2023-04-16 01:55', 'https://www.reddit.com/r/Buttcoin/comments/12nm46s/bitcoin_whitepaper/jgf5ztr/', 'Yeah the funniest shit is when Bitcoin purists aren’t even Bitcoin purists. Immutability is seen as a concept that will save the human race, but escrow can be considered a way to mute a transaction.', '12nm46s'], ['u/spookmann', 81, '2023-04-16 01:56', 'https://www.reddit.com/r/Buttcoin/comments/12nm46s/bitcoin_whitepaper/jgf64bd/', 'It\'s the #1 rule of Blockchain.\n\nBlockchain only ever "solves" the easy part of the problem - and makes the difficult parts more difficult.', '12nm46s'], ['u/Suspicious_Army_904', 20, '2023-04-16 03:54', 'https://www.reddit.com/r/Buttcoin/comments/12nm46s/bitcoin_whitepaper/jgfkcvd/', 'Few understand how early you are for the downvotes.', '12nm46s'], ['u/mojobox', 18, '2023-04-16 09:20', 'https://www.reddit.com/r/Buttcoin/comments/12nm46s/bitcoin_whitepaper/jggfvpf/', 'So exchanges are trustworthy enough to buy but not trustworthy enough to hold? Sure…', '12nm46s']]], ['u/Xorglord', 'Pale Reflections: Go for the Throat (11)', 18, '2023-04-16 04:06', 'https://www.reddit.com/r/Parahumans/comments/12nr5fd/pale_reflections_go_for_the_throat_11/', "Happy National Eggs Benedict Day, Kennet Citizens!\n\nPale Reflections handles Go for the Throat 23.f. Dorian goes back to the 60s, showing his opponents the strength of flower power. Grass beats Fire, as the TQ delivers an almighty combo to take down the Girl By Candlelight. Then, Griffin creeps his way through the female Negateers, before being walked all over by a girl in a bunny mask.\n\nDiscussion Question: Which boundary spirit would you want to host? ([here's the reference EM if you need it](https://palewebserial.wordpress.com/2021/11/05/15-2-spoilers-keeping-tabs-kennet/))\n\nYou can find the [episode here](https://www.doofmedia.com/2023/04/15/pale-reflections-go-for-the-throat-11/).\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/12nr5fd/pale_reflections_go_for_the_throat_11/', '12nr5fd', [['u/MyynMyyn', 14, '2023-04-16 14:34', 'https://www.reddit.com/r/Parahumans/comments/12nr5fd/pale_reflections_go_for_the_throat_11/jgh3p0g/', "You wondered what the new magic school under Kennet's management would be called. Since you also called out how much of an MVP the Turtle Queen has been, it's obvisouly going to be the Black, Green and Gold Heron Institute...\n\nYes, the school uniforms are mandatory. What could possibly go wrong?", '12nr5fd']]], ['u/AutoModerator', '[Daily Discussion] - Sunday, April 16, 2023', 39, '2023-04-16 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_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\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/', '12nudtf', [['u/regxbN78', 21, '2023-04-16 09:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/jggfi4h/', "Some napkin math on bitcoin price in the next epoch... My guess is $30K will turn out to be the average price of this epoch. For the previous epoch it was what, $8K? So that's a 3.75x increase. The impact of each halving is a bit less dramatic each time, so let's say we get just 3x boost to the average price after this next halving. So that says a conservative estimate of average price after the next halving is ~$90K. Sound about right?", '12nudtf'], ['u/RabbitProofFences', 12, '2023-04-16 10:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/jggmokc/', 'This is crazy talk : https://www.coindesk.com/policy/2023/04/14/sweden-drives-final-nail-into-its-bitcoin-mining-industry-with-tax-hike/\n\nLiterally all miners need to do is find grids with high production and low consumption and move in to tap into that excess.\n\nThis will probably spawn a new wave of offshare mining hubs in developing states', '12nudtf'], ['u/sexyama', 11, '2023-04-16 11:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/jggorjy/', "What did they expect, it's Sweden.", '12nudtf'], ['u/TonyTuck', 16, '2023-04-16 11:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/jggpiy2/', 'He is buying everything.\n\nHe bought you.\n\nYou are his possession now.', '12nudtf'], ['u/Rape-Putins-Corpse', 11, '2023-04-16 13:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/jggyg95/', "Can't go down if he buys everything. I'm betting the farm.", '12nudtf'], ['u/4theWlN', 13, '2023-04-16 15:29', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/jgh9nr6/', "The last top was manipulated down via all the custodians stealing their client's coins and selling into the rally. It should have gone to at least 100k. So use that multiplier of 5x prior high or 30x prior low and then apply it with a discount to 3.5-4x here to get 350-400k from both multipliers.", '12nudtf'], ['u/jarederaj', 12, '2023-04-16 15:43', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/jghbdqi/', "I posted a price projection in February on TradingView that's unfolding fairly well.\n\nhttps://www.tradingview.com/chart/BTCUSD/DIixaxBA-MoonMath-Update-no-major-changes-in-years/\n\nIt isn't hard for this projection to perform, because targets are both conservative and broad:\n\n* Worst case start the halving at around 26k\n* Best case start the halving at around 80k\n\nBetween now and the halving prices could:\n\n* go as high as 69k\n* go as low as 26k\n\nIn February, I also posted that I didn't think, at _any_ point, we'd exceed the teal line. But I will amend that prediction to say: we might peak somewhere _near_ the teal line toward the end of 2024. This would mean the next bull run caps at:\n\n* worst case 130k\n* best case 280k\n\nThat means, by buying today, you have a shot at 4-10x your net worth in 18 months.\n\n\nI’ll add that I think it’s possible for bitcoin to make it to 1m this cycle, but I just put very low odds on that. Going to 1m - 2m would be more like past bubbles. As others have pointed out, the last bubble was heavily impacted by FTX and their customer base.", '12nudtf'], ['u/pignmud', 15, '2023-04-16 17:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/jghoitp/', 'my goldfish swimming clockwise - 🚀 soon', '12nudtf'], ['u/[deleted]', 22, '2023-04-16 17:27', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/jghphpq/', 'bowlish', '12nudtf'], ['u/xtal_00', 14, '2023-04-16 18:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/jghuc9h/', "Traders provide liquidity to the markets, it's a valuable function.", '12nudtf'], ['u/Order_Book_Facts', 15, '2023-04-16 18:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/12nudtf/daily_discussion_sunday_april_16_2023/jgi1wlr/', 'Long term impact of traders on the market is effectively 0. They open and close every 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: ['Join the most important conversation in crypto and web3! Secure your seat today Good morning. Here’s what’s happening: Prices: Ether continued its ascent following last week\'s Shanghai upgrade on the Ethereum blockchain, reaching an 11-month high. Insights: Sufficiently decentralized ownership and control would prevent any single party from dictating AI development, CoinDesk Chief Content Officer Michael Casey writes. Prices CoinDesk Market Index (CMI) 1,324 +5.9 ▲ 0.4% Bitcoin (BTC) $30,325 +0.0 ▲ 0.0% Ethereum (ETH) $2,120 +27.8 ▲ 1.3% S&P 500 4,137.64 −8.6 ▼ 0.2% Gold $2,015 +13.0 ▲ 0.6% Nikkei 225 28,493.47 +336.5 ▲ 1.2% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,324 +5.9 ▲ 0.4% Bitcoin (BTC) $30,325 +0.0 ▲ 0.0% Ethereum (ETH) $2,120 +27.8 ▲ 1.3% S&P 500 4,137.64 −8.6 ▼ 0.2% Gold $2,015 +13.0 ▲ 0.6% Nikkei 225 28,493.47 +336.5 ▲ 1.2% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) For months traders speculated whether the ether ( ETH ) price would crash following the Ethereum blockchain\'s milestone Shanghai upgrade, or if it would rally. Now we know: Ether\'s price took off after last week\'s first-ever enabling of crypto withdrawals from the blockchain\'s staking mechanism , blowing past $2,000 on fresh enthusiasm that the success of the upgrade could lead to a surge in growth and investor interest. And it\'s kept rising, gaining on four of the past five days, and hitting a fresh 11-month high on Sunday around $2,141. The ETH price is now up 77% year-to-date, still trailing the bitcoin ( BTC ) price gain of 83% in 2023, but catching up fast . "The market\'s pessimism regarding Ethereum staking withdrawals proved excessive," as Sean Farrell, head of digital asset strategy at FundStrat, put it last week. Insights Web2’s Lesson for AI: Decentralize to Protect Humanity This is going to sound presumptuous coming from a guy who doesn’t write code, let alone have any direct experience in machine learning or artificial intelligence research. Story continues But I gotta say it: The recent alarmist demand for a six-month pause or even a militarily enforced shutdown in AI research – from people with experience, money and influence in the artificial intelligence industry – is founded on some fundamentally flawed thinking that will encourage the same destructive outcome for humanity that we seek to avoid. That the U.S. government is simultaneously orchestrating a crackdown on the crypto industry, a field of open-source innovation that develops the kind of cryptography and network coordination technologies needed to manage AI threats, makes this an especially dangerous moment for all of us. These doomsayers are computer scientists, not students of economic history. The issue is not, in and of itself, that an out-of-control AI could evolve to kill us all . (We all know that. For decades, Hollywood has taught us that it is so.) No, the task is to ensure that the economics of AI don’t intrinsically encourage that horrific result. We must prevent concentrated control of the inputs and outputs of AI machines from hindering our capacity to act together in the common interest. We need collective, collaborative software development that creates a computational antidote to these dystopian nightmares. You’re reading Money Reimagined , a weekly look at the technological, economic and social events and trends that are redefining our relationship with money and transforming the global financial system. Subscribe to get the full newsletter here . The answer does not lie in shutting down AI innovation and locking ChatGPT creator OpenAI, the industry leader that has taken the field to its current level of development, into pole position. On the contrary, that’s the best way to ensure the nightmare comes true. Read the full story here: Important events. Impact: FinTech Leading Through Change (London) 2:00 a.m. HKT/SGT(18:00 UTC) German Buba President Nagel Speech 5:30 a.m. HKT/SGT(21:30 UTC) European Central Bank\'s President Lagarde Speech CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Ether Tops $2.1K After Shanghai Upgrade; Governance Tokens of Liquid Staking Protocols See Gains Ether was over $2,100, as many investors opt for the prospect of additional liquidity while earning staking rewards over the desire to take immediate profits and run. Dexterity Capital managing partner Michael Safai shared his crypto markets analysis. Plus, Blockchain Association director of government relations Ron Hammond weighed in on the state of crypto regulation ahead of SEC chair Gary Gensler\'s testimony before lawmakers next week. And TurboTax tax expert Lisa Greene-Lewis shared tips on what crypto investors need to know ahead of Tax Day. Headlines Market Maker DWF Labs’ More Than $200M in Deals Blur What ‘Investing’ Means : DWF Labs made headlines with flurry of investments in crypto projects such as CryptoGPT or Synthetix. A closer examination reveals that many of their deals aren’t typical venture capital investments. However, the firm says it’s all a misunderstanding. How CoinDesk Will Use Generative AI Tools : Artificial intelligence (AI) tools are changing the way we work – especially the media. Here are the rules of the road for CoinDesk. Ethereum Layer 2 Network zkSync Era Jumps to Nearly $250M in Locked Value : More than 7 million transactions have been conducted on the network since launch, which can process 3.5 transactions per second, data shows. Avalanche Surges to 6-Month High in Daily Active Addresses : The spike coincided with a bevy of financial institutions joining Avalanche’s Evergreen subnet “Spruce.” AI Boosters Would Sacrifice Humanity for a Simulacra - as Long as They\'re in Control : AI boosterism and associated “long-termist” ideas may be a threat to your privacy, property and civil rights.', '(Bloomberg) -- Metalpha Technology Holding Ltd. is targeting a $100 million fund to invest in Bitcoin and other crypto products from Grayscale Investments LLC, offering Chinese investors with an appetite for crypto a regulated channel to get involved.\nMost Read from Bloomberg\n• Bud Light Kicked a Hornet’s Nest and Ran Away\n• A $300,000 Salary Feels Like $100,000 in The Priciest US Cities\n• Merck-Moderna Vaccine Helps Keep Patients Free From Skin Cancer\n• Fuel That Powers the Global Economy Is Flashing Recession Signs\n• In Morgan Stanley CEO Race, Wealth Boss Emerges as One to Watch\nThe licensed digital asset wealth manager, formerly known as Dragon Victory International, has secured $20 million for its new fund since March, said Adrian Wang, Metalpha’s president.\nBased in Hong Kong, the firm had been mulling relocation but decided to stay put after the city laid out plans to become a crypto trading hub. Its new fund was launched with NextGen Digital Venture, headed by Jason Huang, formerly of Alibaba Group Holding Ltd. co-founder Joe Tsai’s family office Blue Pool Capital.\nThe key selling point for the fund is providing a legally compliant way for investors in Asia from traditional finance backgrounds to access the so-called web3 space, or a decentralized version of the internet built around blockchain technology.\n“A lot of our clients are family offices with traditional backgrounds, rather than pure crypto or pure web3 native investors,” said Wang, who declined to share specific investor names. “It’s overseas Chinese institutions — some of them are family offices, some of them are public companies.”\nThe abrupt collapse of FTX last year reverberated across the crypto industry, shrinking risk appetites among investors from all classes. Metalpha sees that shock dissipating in recent times and believes its regulator-compliant offering will benefit from interest returning.\n“In the last quarter of 2022, especially after FTX collapsed, we had some difficulties and a lot of clients hesitated to place new orders, but now it’s getting much better,” Wang said. “A lot of new traffic is coming in and people are gaining more confidence.”\nMetalpha is backed by Singapore-based financier Antalpha, which has been working with Chinese Bitcoin mining rig firm Bitmain Technologies Ltd. to offer low-interest loans to crypto miners. The company competes with other lenders including Chinese billionaire Jihan Wu’s Matrixport Technologies Pte and the embattled Amber Group.\n--With assistance from Zheping Huang.\nMost Read from Bloomberg Businessweek\n• A Smart Gun Is Finally Here, But Does Anyone Want It?\n• Banking Crises Are Preventable, But Human Nature Gets in the Way\n• There Are No Fees at America’s Smallest Bank\n• Death, Taxes and ‘Teflon Don’\n• Women Tackle Football With a Full-Contact League of Their Own\n©2023 Bloomberg L.P.', '(Bloomberg) -- Metalpha Technology Holding Ltd. is targeting a $100 million fund to invest in Bitcoin and other crypto products from Grayscale Investments LLC, offering Chinese investors with an appetite for crypto a regulated channel to get involved.\nMost Read from Bloomberg\n• Bud Light Kicked a Hornet’s Nest and Ran Away\n• A $300,000 Salary Feels Like $100,000 in The Priciest US Cities\n• Merck-Moderna Vaccine Helps Keep Patients Free From Skin Cancer\n• Fuel That Powers the Global Economy Is Flashing Recession Signs\n• In Morgan Stanley CEO Race, Wealth Boss Emerges as One to Watch\nThe licensed digital asset wealth manager, formerly known as Dragon Victory International, has secured $20 million for its new fund since March, said Adrian Wang, Metalpha’s president.\nBased in Hong Kong, the firm had been mulling relocation but decided to stay put after the city laid out plans to become a crypto trading hub. Its new fund was launched with NextGen Digital Venture, headed by Jason Huang, formerly of Alibaba Group Holding Ltd. co-founder Joe Tsai’s family office Blue Pool Capital.\nThe key selling point for the fund is providing a legally compliant way for investors in Asia from 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: 2023-04-17 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $579,676,566,000 - Hash Rate: 368979619.9704619 - Transaction Count: 316193.0 - Unique Addresses: 665181.0 Social & AI Sentiment: - Fear & Greed Index: 0.69 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Terra founder and CEO Do Kwon Terra USD Bitcoin founder Do Kwon has been arrested in Montenegro after months on the run, according to Montenegrin officials. Interior Minister Filip Adzic announced on Twitter that a suspect believed to be Kwon was arrested and detained at an airport in Podgorica, saying he was found in possession of false documents. Read more These Winning Close-Up Photos Show Life That's Often Overlooked Remembering Enterprise: The Test Shuttle That Never Flew to Space How To Drop a Pin in Google Maps Montenegrin police have detained a person suspected of being one of the most wanted fugitives, South Korean citizen Kwon, co-founder, and CEO of Singapore-based Terraform Labs, Adzic tweeted . The former Terraform CEO is wanted in South Korea for an investigation into his companys collapse in May of last year, which set off last years disastrous crypto winter . A warrant was issued for Kwons arrest in September. Although Kwon claimed to not be on the run at the time, he disappeared from public view. He was reportedly living in Singapore before he disappeared and was spotted first in Dubai, and then Serbia before turning up in Montenegro. Although the suspect has not yet officially been identified and local authorities are still awaiting confirmation, Adzic said they believe they have Do Kwon based on the age, name, and nationality on his identification card. TerraUSD collapsed last year, losing approximately $40 billion, and when Kwon refused to return to South Korea, an arrest warrant was issued for allegedly violating the countrys capital markets law. When he still refused to turn himself in, prosecutors issued a request to South Koreas Foreign Ministry to revoke Kwons passport . Interpol was looped into the search efforts but had no more success locating Kwon who posted on Twitter in September, I am not on the run or anything similar for any government agency that has shown interest to communicate, we are in full cooperation and we dont have anything to hide. Story continues He continued, We are in the process of defending ourselves in multiple jurisdictions we have held ourselves to an extremely high bar of integrity, and look forward to clarifying the truth over the next few months. Kwon is also being sued by the Securities and Exchange Commission in the U.S. for alleged securities fraud. The commission claims Kwon and TerraUSD transferred 10,000 bitcoin , which is equivalent to millions of dollars, from the Terra/Luna project to a Swiss bank before the company went under. Kwon has denied the claims . If found guilty of securities fraud, the SEC is trying to ensure Kwon is barred from crypto dealing and would be required to pay penalties for his illegal dealings. SEC Chair Gary Gensler said in a press release last month, This case demonstrates the lengths to which some crypto firms will go to avoid complying with the securities laws, but it also demonstrates the strength and commitment of the SECs dedicated public servants. More from Gizmodo The Best College Science and Tech Programs Fast Food Apps, Ranked Sign up for Gizmodo's Newsletter. For the latest news, Facebook , Twitter and Instagram . Click here to read the full article.... - 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: ['Join the most important conversation in crypto and web3! Secure your seat today Michael Saylor, the outspoken bitcoin proponent and co-founder of business analytics software firm MicroStrategy (MSTR), has integrated Bitcoin’s Lightning Network into his corporate email address. This means anyone can use that email address – [email protected] – to send bitcoin ( BTC ) to the 58-year-old billionaire. So @MicroStrategy converted my corporate email address into a #Lightning ⚡️ address and people keep sending me 21 sats...🧡 pic.twitter.com/FHde6RtA6N — Michael Saylor⚡️ (@saylor) April 17, 2023 The integration uses The Lightning Address protocol, which allows developers to replace a standard Lightning invoice, or payment request, with an internet identifier such as an email address. The Lightning Network is the Bitcoin blockchain’s layer 2 scaling system designed to make bitcoin payments cheaper and faster. Saylor, who is reportedly worth around $1.2 billion and whose company has amassed approximately 140,000 BTC (about $4 billion at current prices), has been receiving small bitcoin donations from fans after tweeting about the integration.', 'Join the most important conversation in crypto and web3! Secure your seat today Vetle Lunde, a crypto markets analyst at K33 Research, sees parallels between bitcoin\x92s (BTC) recent surge from the doldrums of 2022 and its price pattern from 2018 into 2019. In an interview on CoinDesk TV\x92s \x93First Mover\x94 program on Monday, Lunde said that "the current drawdown and recovery stage is remarkably similar to that in 2019, both in duration and price movement.\x94 In a research note to clients last week, Lunde wrote that bitcoin could reach $45,000. BTC was currently trading at about $29,440, down 2%, although it is up about 80% in 2023. The rebound follows a year of distress, in which multiple major firms declared bankruptcy, sending risk-shy investors fleeing from crypto markets. Read More: Bitcoin Could Peak at $45K in May, Analyst Says \x93We saw throughout the latter part of 2022 a lot of forced selling, and also selling from investors who grew cautious,\x94 Lunde said. \x93This has led people to be underexposed. And has also enticed a lot of people to short (crypto) being conservative with adding exposure. This creates this dynamic where bitcoin feeds on your short squeezes and moves higher.\x94 He added that negative to neutral sales of derivatives, despite recent price gains, were further signs of investor caution. That sentiment could change, although the market\x92s relatively low liquidity remained a potential weight on future pricing. Lunde believes that faint signs last week that the U.S. Federal Reserve would scale back its hawkish monetary policy amid mildly encouraging inflation data could boost market sentiment. He blamed crypto prices\x92 swoon last year partly on firms overexposing themselves when interest rates were zero. \x93It was a lot of spending, a lot of focus on growth,\x94 Lunde said. \x93So you had this environment where miners took a lot of fiat that held a lot of bitcoin and then were exposed to falling prices, in addition to all the crypto banks starting to neglect due diligence.\x94 But the industry-wide crisis of 2022, which included multiple, major firms declaring bankruptcy, including crypto hedge fund Three Arrows Capital, has already been benefiting markets by weeding out bad actors, Lunde suggested. \x93A lot of these rotten fruits have been washed out of the market,\x94 he said. \x93So the entire market is in a more robust stage right now where it can handle higher interest rates for longer.\x94 He added: \x93The industry has learned. I\'m pretty sure that we will experience similar kinds of crisis in the future, unfortunately. But for now, those kinds of risks feel washed out of the market. So the market feels a lot more safe at the moment.', 'Join the most important conversation in crypto and web3! Secure your seat today Good morning. Here’s what’s happening: Prices: Bitcoin drops below $29.5K as investors\' appetite for riskier assets lessens. Insights: What crypto projects are solving particularly important problems? Consensus Magazine presents 19 that you should be watching in 2023. Prices CoinDesk Market Index (CMI) 1,288 −20.5 ▼ 1.6% Bitcoin (BTC) $29,387 −578.8 ▼ 1.9% Ethereum (ETH) $2,074 −19.2 ▼ 0.9% S&P 500 4,151.32 +13.7 ▲ 0.3% Gold $2,011 +16.4 ▲ 0.8% Nikkei 225 28,514.78 +21.3 ▲ 0.1% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,288 −20.5 ▼ 1.6% Bitcoin (BTC) $29,387 −578.8 ▼ 1.9% Ethereum (ETH) $2,074 −19.2 ▼ 0.9% S&P 500 4,151.32 +13.7 ▲ 0.3% Gold $2,011 +16.4 ▲ 0.8% Nikkei 225 28,514.78 +21.3 ▲ 0.1% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Is Bitcoin Entering a New Range? After a week-long rise above $30,000, bitcoin dipped below the symbolic threshold. The largest cryptocurrency by market capitalization was recently trading at about $29,400, down about 1.9% over the past 24 hours. BTC dipped below $29,300 at one point as banking unrest subsided, treasury yields rose and investors shied away from riskier assets. "Cryptos are losing some appeal as banking turmoil risks appear to be disappearing," Edward Moya, senior analyst at foreign exchange market maker Oanda, wrote in an email. "[Federal Reserve] lending to banks continues to ease and earnings have not revealed any major strains with the early banks that have reported. Also dampening the appeal for crypto is the surge behind Treasury yields, which is dampening the appeal for most risky assets." Moya noted that a number of major banks reported solid first-quarter earnings, including Wells Fargo and Citigroup, and that "emergency lending is decreasing." Story continues "The mid and small banks are about to report and while we are about to see some serious deposit outflows, the focus is not on bank solvency, but on banking profitability," Moya wrote. Ether was recently changing hands at about $2,075, off the better part of a percentage point. The second-largest crypto in market value has yet to see many ill effects from the recent Ethereum Shanghai upgrade, the final step in the blockchain platform\'s transformation from a proof-of-work to a more energy-efficient proof-of-stake protocol. Other major cryptos were in the red, albeit lightly so. ARB, the token of the layer 2 Ethereum scaling protocol Arbitrum, and ADA, the native crypto of the Cardano blockchain, both recently declined about 3%. The CoinDesk Market Index, a measure of the crypto markets overall performance, was recently down 1.6%. Equity markets inched upward as investors chewed over the encouraging bank earnings and the possibility that the U.S. central bank might continue raising interest rates to tame inflation. In last month\'s near banking meltdown, that prescription seemed less likely. Meanwhile, the 10-year Treasury yield has increased for three straight days to 3.59%, while gold, which a week ago neared its all-time high, has edged downward to just above $2,000. Oanda\'s Moya was wary about bitcoin\'s near-future path forward. "Bitcoin looks like it might be consolidating, possibly settling on a new range between the $26,500 and $31,000 region," he wrote. Biggest Gainers Asset Ticker Returns DACS Sector Decentraland MANA +7.3% Entertainment Gala GALA +5.0% Entertainment Loopring LRC +4.3% Smart Contract Platform Biggest Losers Asset Ticker Returns DACS Sector Cosmos ATOM −4.0% Smart Contract Platform Solana SOL −3.9% Smart Contract Platform Cardano ADA −2.7% Smart Contract Platform Insights Crypto Innovation Thrives: Here Are 19 Projects to Watch For the past three years, the Pew Research Center has polled Americans about their exposure to cryptocurrency. The percentage of people who have “ever invested in, traded or used a cryptocurrency such as bitcoin or ether” has remained roughly 16% since 2020. But this spring, Pew sought to identify how people feel about crypto. Among the 88% who have ever heard of cryptocurrency, 75% are “not very or not at all confident that cryptocurrencies are reliable or safe.” Only 6% are very confident. Trust in crypto is very low. The CoinDesk editorial team didn’t need a poll to see this. Our Most Influential 2022 list , published in December, subjectively identified the 50 people who defined the year in crypto. A significant percentage of the list was feel-bad stories of scammers and hucksters and possible sociopaths who depleted customers’ savings. The list came out less than a month after the sudden and shocking collapse of the FTX exchange, capping off a year of scandals. Understandably in response, Congress, mainstream media and the public are ready to punish crypto. To state the obvious, 2022 was the antithesis of crypto, which was invented as a remedy in 2009 to broken global financial systems and not to make sharks and charlatans rich. Bitcoin made peer-to-peer transactions possible, bypassing banks that make the transfers slow, costly and intrusive. By solving the trusted-mediator problem, bitcoin allowed transactions to be quicker and cheaper and therefore more accessible. The CoinDesk team set about to find projects that fulfill the ethos of crypto by solving a problem. In brainstorming sessions, we debated what problems crypto could be employed to solve, which quickly split into two baskets: problems within the crypto ecosystem itself, and problems in the world generally. Then the team explored the merits of projects aiming to solve the identified problems. From a list of more than 35 projects, we selected 19. Some haven’t launched yet, while others have been around for years. Funding ranges from bootstrapped to tens of millions of dollars, to undisclosed support from a parent foundation or project. We didn\'t put a lot of restrictions or parameters on these projects. Crypto organizations come in many forms, from traditional startups to decentralized autonomous organi Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-04-18 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $583,650,468,144 - Hash Rate: 395165270.4199787 - Transaction Count: 312522.0 - Unique Addresses: 680093.0 Social & AI Sentiment: - Fear & Greed Index: 0.58 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Toronto, Ontario--(Newsfile Corp. - April 13, 2023) - P2Earn Inc (CSE: PXE) (FSE: WH4) ("P2Earn" or the "Company") is pleased to announce that Alex Lineton, currently Operations head at the Company, will be taking over the role as Chief Executive Officer with immediate effect. Mr. Lineton is a seasoned entrepreneur and an expert in Web3 gaming. He started Bitcoin mining nearly 6 years ago and moved into Play-2-Earn gaming back in 2021, creating the Jellyworks Gaming Guild. The Company acquired Jellyworks Inc. in November of 2022 and Mr. Lineton is ideally placed to lead the future development of the Company's strategy. Mr. Lineton stated, "It is an honor to be asked to lead the Company at such an exciting time. The future of the Internet is Web3, and Play-2-Earn gaming is the best single usage case I have seen to date. By combining gaming with the ability for players to earn an income, we are on the cutting edge of the new economy. Not only is this a winning combination, but I look forward to assisting the Company to a size and scale that positions it as one of, if not the number one Gaming Guild." Jesse Dylan, Chairman of the Board of Directors at P2Earn Inc, added, "We would like to take this opportunity to thank the outgoing Chief Executive Officer, Mr. Bradley, for his exceptional contribution to the Company. As a world-class technologist, we are delighted that Mr. Bradley has agreed to continue to work with the Company, the technology team, and the staff on a consultancy basis as they build out the P2Earn Gaming Guild." An amended offering document (the "Offering Document") relating to the Company's previously announced private placement (the "LIFE Offering") (see news release dated ‎March 29, 2023) addressing this change can be accessed under the Company's profiles atwww.sedar.com;www.cse.comand on the Company's website athttps://p2earn.io. Prospective investors should read the amended Offering Document before making an investment decision. Due to Mr. Lineton's appointment, the Company has also extended the closing date of the LIFE Offering from April 21, 2023 to April 30, 2023. ‎All other terms of the LIFE Offering remain the same. About P2Earn Inc. P2Earn Inc. is a publicly traded company that provides comprehensive solutions for the rapidly-evolving blockchain gaming and cryptocurrency sectors. P2Earn operates an efficient Bitcoin mining operation powered by sustainable energy sources. Our cutting-edge blockchain gaming platform enables players to gain tangible value from their in-game accomplishments and activities, leveraging unique digital assets (NFTs) that can be sold, purchased, and traded like physical assets. P2Earn is committed to building a sustainable blockchain gaming ecosystem, while also making Play-to-Earn gaming more accessible to a wider audience. For further information contact: Eugene Valaitis, Director(214)-864-5958 P2EARN INC. First Canadian Place100 King Street West, Suite 5600Toronto, Ontario M5X1C9Tel: 214-864-5958https://p2earncorporate.iohttps://discord.gg/p2earn Certain statements contained in this press release constitute "forward-looking information" as such term is defined in applicable Canadian securities legislation. The words "may", "would", "could", "should", "potential", "will", "seek", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions as they relate to the Company are intended to identify forward-looking information. All statements other than statements of historical fact may be forward-looking information, including but not limited to completion of the Life Offering, if it is to complete at all; the terms of the LIFE Offering; all benefits synergies stemming from Mr. Lineton's past experiences in his new roles as CEO; any potential for players to earn an income on the gaming guild; the ability to scale up the Company's operations; and future uptake and develop of Web3 in general. Such statements reflect the Company's current views and intentions with respect to future events, and current information available to the Company, and are subject to certain risks, uncertainties, and assumptions. Many factors could cause the actual results, performance, or achievements that may be expressed or implied by such forward-looking information to vary from those described herein should one or more of these risks or uncertainties materialize. Examples of such risk factors include, without limitation, credit; market (including equity, commodity, foreign exchange and interest rate); liquidity; operational (including technology and infrastructure); reputational; insurance; strategic; regulatory; legal; environmental; capital adequacy; the general business and economic conditions in the regions in which the Company operates; the ability of the Company to execute on key priorities, including the successful completion of acquisitions, business retention, and strategic plans and to attract, develop and retain key executives; difficulty integrating newly acquired businesses; the ability to implement business strategies and pursue business opportunities; disruptions in or attacks (including cyberattacks) on the Company's information technology, internet, network access or other voice or data communications systems or services; the evolution of various types of fraud or other criminal behavior to which the Company is exposed; the failure of third parties to comply with their obligations to the Company or its affiliates; the impact of new and changes to, or application of, current laws and regulations; decline of reimbursement rates; a novel business model; dependence on key suppliers; the overall difficult litigation environment; increased competition; increased funding costs and market volatility due to market illiquidity and competition for funding; the availability of funds and resources to pursue operations; critical accounting estimates and changes to accounting standards, policies, and methods used by the Company; the occurrence of natural and unnatural catastrophic events and claims resulting from such events; as well as those risk factors discussed or referred to in the Company's disclosure documents filed with the securities regulatory authorities in certain provinces of Canada and available atwww.sedar.com. Should any factor affect the Company in an unexpected manner, or should assumptions underlying the forward-looking information prove incorrect, the actual results or events may differ materially from the results or events predicted. Any such forward-looking information is expressly qualified in its entirety by this cautionary statement. Moreover, the Company does not assume responsibility for the accuracy or completeness of such forward-looking information. The forward-looking information included in this press release is made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward-looking information, other than as required by applicable law. The CSE has not reviewed, approved, or disapproved the content of this press release. To view the source version of this press release, please visithttps://www.newsfilecorp.com/release/162302... - 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: ['Join the most important conversation in crypto and web3! Secure your seat today Good morning. Here’s what’s happening: Prices: Bitcoin regained its perch above $30K, but its rally stalled; ether hovers near $2,100. Insights: Longer-term narratives, such as bitcoin\'s recent store-of-value story matter but price depends on traders\' shorter-range, often fickle sentiments. Prices CoinDesk Market Index (CMI) 1,323 +30.4 ▲ 2.3% Bitcoin (BTC) $30,341 +959.4 ▲ 3.3% Ethereum (ETH) $2,100 +25.0 ▲ 1.2% S&P 500 4,154.87 +3.6 ▲ 0.1% Gold $2,018 +23.7 ▲ 1.2% Nikkei 225 28,658.83 +144.1 ▲ 0.5% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,323 +30.4 ▲ 2.3% Bitcoin (BTC) $30,341 +959.4 ▲ 3.3% Ethereum (ETH) $2,100 +25.0 ▲ 1.2% S&P 500 4,154.87 +3.6 ▲ 0.1% Gold $2,018 +23.7 ▲ 1.2% Nikkei 225 28,658.83 +144.1 ▲ 0.5% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Bitcoin Rises Over $30K and Then Pauses Crypto markets started promisingly on Tuesday, with bitcoin re-establishing its foothold above the psychologically important $30,000 threshold. But the BTC rally stalled around $30,300 by midday, and the largest cryptocurrency by market cap was up just 3.3% over the past 24 hours. Bitcoin had dipped as low as about $29,100 on Monday before rebounding, as investors seemed to regain some of their prior zest for assets that hold value even as concerns about the banking industry have faded. In an interview with CoinDesk TV\'s "First Mover" program, Kaiko senior research analyst Dessislava Aubert called the current rally "macro driven" and said that its ongoing strength would depend on liquidity. The rally "started with the [U.S. Federal Reserve] providing emergency liquidity to banks in the United States," Aubert said. "So definitely, liquidity is playing a huge role." She added: "We have seen that markets are expecting great cuts in the second half of the year. So there is still a lot of uncertainty around whether this will be the case or not. Ultimately, it will depend on how U.S. monetary policy turns out." Story continues Ether climbed above $2,100 for the second time in three days before dipping below the threshold and then rising again. The second-largest crypto by market capitalization was recently changing hands at about $2,100, up about 1.5%. A post-Ethereum Shanghai upgrade sell-off has yet to materialize. Other major cryptos were solidly green, with ICP, the token of blockchain-based, smart contracts platform Internet Computer, recently rising 15% to trade at about $6.80. XRP, the native crypto of the blockchain-based, payments-focused platform XRP ledger, was up more than 3%. The CoinDesk Market Index , which measures the performance of the overall crypto market, was recently up 2.7% and in significant uptrend territory on a one to five scale. Equity indexes spent the day largely running in place as the Dow Jones Industrial Average (DJIA), tech-heavy Nasdaq Composite and S&P 500 were all within a few fractions of a percentage point of where they stood at the close of trading Monday. Gold ticked upward to $2,017, but was still down from its near record highs of last week when assets that held value were in vogue. The yield on two- and 10-year Treasury edged up slightly but last week\'s surge has stalled. In an email to CoinDesk, Anthony Georgiades, co-founder of Pastel Network, a decentralized blockchain for non-fungible tokens (NFT), cryptos and Web3 technology, attributed bitcoin\'s plunge under $30,000 to "converging elements," particularly the looming prospect of an inflation-focused Fed continuing its diet of hawkish interest rate hikes. But he also noted a loss of public confidence in the dollar and banking system. "People ... are seeking a decentralized safe haven asset that is an inflation hedge," he said. He added: "There are also macroeconomic conditions to consider. With an easing [consumer price index] and recessionary signals, the market seems to be pricing in potentially dovish Fed policies, which could lead to a risk-on craze. Bitcoin has found itself in somewhat of a paradoxical environment, and there may be price fluctuation to weather until the Fed’s short and medium-term monetary policies become clearer." Biggest Gainers Asset Ticker Returns DACS Sector Chainlink LINK +5.3% Computing Gala GALA +4.4% Entertainment Terra LUNA +3.5% Smart Contract Platform Biggest Losers Asset Ticker Returns DACS Sector Loopring LRC −0.6% Smart Contract Platform Decentraland MANA −0.5% Entertainment Insights Bitcoin’s \'Store-of-Value\' Narrative Is Real but Not a Price Mover Markets are noisy, chaotic things that we human beings instinctively try to imbue with order and reason. This generally involves searching for explanations as to why prices are trending up or down or what triggered a sharp move. Often there is an obvious explanation – an earnings surprise or an unexpected corporate action. Sometimes the cause isn\'t so easy to see – flows of funds, an evolving user base, steady product development and so on. Noelle Acheson is the former head of research at CoinDesk and Genesis Trading. This article is excerpted from her Crypto Is Macro Now newsletter, which focuses on the overlap between the shifting crypto and macro landscapes. These opinions are hers, and nothing she writes should be taken as investment advice. With bitcoin ( BTC ), it’s even harder to discern what is driving sentiment shifts at any given time because it doesn’t have earnings, there are no corporate actions, regulation isn’t the threat it is for some other crypto assets and the narratives are multiple and varied. There isn’t even universal agreement as to what bitcoin is, let alone what drives its price. But our search for reason amid chaos encourages us to latch on to something that makes sense, and if it is a narrative that justifies our interest while highlighting a timely concept, then so much the better. Store of value One phrase we’re hearing a lot of these days is “store of value.” It tends to mean different things to different people, but in general, it refers to an asset that holds its value relative to a broad basket of other assets over a long stretch of time. In spite of its short-term price volatility and sharp bear markets, bitcoin is a store of value because it is the only asset traded on liquid exchanges today with a programmatic and verifiable hard cap. With other “hard assets” (those with limited supply) such as gold, diamonds or real estate, we don’t know the supply cap, nor do we know how much is currently in existence. Plus, with other “hard assets,” the price influences the potential supply. For instance, if gold were to surge from $2,000 to $20,000 per ounce, new extraction methods would become viable, boosting the theoretical cap. Bitcoin is the only asset traded on liquid exchanges for which the price has no influence whatsoever on the supply. It is the hardest of hard assets. What’s more, the supply of its most common denominator – the U.S. dollar – has been increasing over the decades, and more recently at an astonishing pace. We are likely about to embark on another wave of monetary easing, involving lower interest rates and the incentivization of credit to overcome declining economic growth and consumption. An increase in the supply of USD above what economic growth can absorb will – all other things being equal – decrease its value relative to other assets, and following basic math, if the value of the denominator drops, that of the ratio increases. Bitcoin is a store of value and a hedge against currency debasement. Read the full story here : Important events 12:30 p.m. HKT/SGT(4:30 UTC) Japan Industrial Production (YoY/Feb) 2:00 p.m. HKT/SGT(6:00 UTC) Great Britain Consumer Price Index (YoY/Mar) 6:45 a.m. HKT/SGT(22:45 UTC) New Zealand Consumer Price Index (YoY/Q1) CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Coinbase CEO Leaves Door Open to Relocating; Bitcoin Reclaims $30K Coinbase CEO Brian Armstrong indicated that the crypto exchange would consider moving away from the U.S. if the regulatory environment for the industry does not become clearer. Jason Gottlieb, Morrison Cohen LLP partner and chair of the firm\'s digital assets department, weighed in. Plus, Kaiko senior research analyst Dessislava Aubert broke down XRP\'s rally in the last month. And, Arkham Intelligence is one of CoinDesk’s Projects to Watch 2023. Arkham founder and CEO Miguel Morel joined the conversation. Headlines Ethereum Unstaking Requests Now Face About a 17-Day Wait : The queue stood at 14 days late last week, but it’s lengthened as more exit requests piled in from validators on the blockchain. Also, staked ether deposits outpace withdrawals for the first time since last week’s Shanghai upgrade. Rocket Pool Made It Cheaper to Stake ETH Through Its Platform Following Ethereum Shanghai Upgrade : The staking protocol gave users access to their staking rewards and lowered the barrier of entry to create an Ethereum validator. Developers Stay Resilient Through Harsh Crypto Winter, Report Says : According to Alchemy’s Q1 2023 "Developer Report," Ethereum SDK installations reached an average of 1.9 million installs per week, a 47% year-over-year increase. The Biggest Crypto Bull Cycle Is Upon Us: Bernstein : Macro catalysts are lining up for bitcoin, a new report from the brokerage firm said.', 'Binance set hares running in July last year when it announced the launch of zero-fee trading for Bitcoin spot pairs. Coinbase\x92s share price fell nearly 10% on the news as the crypto world pondered whether the race to the bottom had just got underway. Fast forward nine months, and Binance has dropped most of its zero-fee trading. Some exchanges might see this as an opportunity to pick up where Binance left off in a race to grab more market share. Further experimentation with zero-fee models, however, is ill-advised and certainl Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-04-19 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $566,877,108,656 - Hash Rate: 330891401.13480145 - Transaction Count: 301722.0 - Unique Addresses: 680099.0 Social & AI Sentiment: - Fear & Greed Index: 0.63 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Corrects typo in paragraph 28, commercial not commerical) * World stocks up 6% after rollercoaster few months * Bond markets see huge swings between hope and fear * Banking turmoil evokes memory of crises past * Dollar slips whereas bitcoin roars back to form By Marc Jones LONDON, March 31 (Reuters) - From a red-hot January as China cast off COVID curbs to February's flop when interest rates surged and now a manic March of banking blow-ups - financial markets have had an action-packed start to the year even by recent standards. Totting up the first quarter scores shows world stocks with a healthy 6% gain, government bonds up 3%-5%, gold 8% higher, energy prices sliding and the dollar barely budged. Dig deeper though and the volatility soon emerges. Global shares zoomed up 10% in January only to lose it all by the time Silicon Valley Bank, a mid-sized U.S. lender few had even heard of, collapsed and then the 167-year-old Swiss behemoth Credit Suisse required rescuing. Equities are bouncing though now and U.S. and European government bond yields - the main drivers of global borrowing costs - are set for their biggest monthly drop since the global crash of 2008. "Within three months you have had three completely different stories," BofA analyst, David Hauner, said of the year so far. "January was an extremely strong start with China's reopening, but February we were back to pricing 6% Fed interest rates and the next thing has been the problems in the banking system." A key reason why asset prices have swung around so much is that market makers are unsure how big central banks will react now. Push on with rate hikes and tempt further banking sector troubles? Or press pause and risk more inflation? Two-year Treasury yields, which are highly sensitive to U.S. Federal Reserve moves, jumped from 4% to 5% in February, only to dive back to 3.5% when the SVB turmoil redrew the entire U.S. interest rate map. That hoisted U.S. bond volatility to its highest point since the 2008 meltdown. Europe too saw 2-year German yields arc from 2.5% to almost 3.5% and back, while changes at Japan's central bank have also been moving the dial. 'Big Tech' stocks crave low borrowing costs so they have roared up by a third. The Nasdaq is up 18%, China tech 22%, emerging market countries have sold record amounts of debt and commodity markets see recessions coming. "All the action has been in the bond markets," said SEB Investment Management's global head of asset allocation Hans Peterson, explaining the shifts had been hard to navigate. "The equity market has done impressively well considering." Story continues COCO POP The dollar's 1% dip is its weakest start to a year since 2018 and allowed Britain's pound and the euro to climb around 1.5%. Worldwide, Chile, Mexico, Hungary and Colombia's currencies have jumped the most - as much as 8% in Chile's case as its main export, copper, has also risen 7% as resource-hungry China has reopened and rebooted. Top of stocks in national terms is the Czech Republic with a 30% rise in dollar terms. Colombia is down 16% at the other end of the spectrum and India is down 8% having seen one of its biggest conglomerates, Adani, skewed by short sellers. Bitcoin beats the lot having surged 70%, including 40% in just 10 days during this month's SVB and Credit Suisse chaos. Banking sector woes have been kryptonite for financial stocks, however, as well as the risky breed of 'contingent convertible' (CoCo) bank bonds wiped out during Credit Suisse's rescue. The scare factor was that the bank's shareholders got some of their money back, which turned the normal hierarchy of bondholders before shareholders on its head and shattered trust in the specific 'AT1' type of CoCos that went pop. Other European banking authorities were so spooked they gave reassurances that they wouldn't do the same. CoCo debt is still down 15% however and insuring against a bank default now costs a lot more. "For the banks it was the most nervous situation we have seen for a while," SEB's Peterson said. DIRECTIONLESS A 42% drop in Europe's natural gas prices, a 9% fall in oil and 12% and 4% respective tumbles in wheat and corn have fed hopes of lower inflation despite the unrelenting war between producers Russia and Ukraine. Since late 2021, big developed economies including the United States, Europe and Australia have raised interest rates by almost 3,300 basis points collectively. So whether that surge halts this year remains pivotal for investors. It is crucial for many of the heavily-indebted developing world countries. Ghana has joined a record number of sovereigns in default this year and concerns are growing elsewhere too, including in U.S. commercial real estate markets. "A lot of people have been looking for direction where there hasn't really been any," Willem Sels, Global Chief Investment Officer at HSBC's Private Banking and Wealth arm said of the flip-flopping in both equity and bond prices. "It could well be that we are in a directionless but volatile market for the next quarter or two," he said, pinning Q3 or Q4 as the best hope for a sustained pick-up. (Reporting by Marc Jones; Editing by Christina Fincher) View comments... - Reddit Posts (Sample): [['u/Superb-Row5394', 'I fell for a job scam and I feel like an idiot', 676, '2023-04-19 00:12', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/', 'I’m a recent college graduate who has been getting more desperate for money it’s been getting harder recently so I’ve been applying everywhere I could. I got a job offer to be someone’s personal assistant it was a remote part time job so it seemed like something I could do in the mean time while looking for a job in my field, the dude was talking about how I could become an administrative assistant in a couple weeks if I my work was good they said they were going to buy equipment so I would be able to effectively work from home and provide virtual training so that I would understand the programs. This is where I feel INCREDIBLY stupid the person sent me a check to deposit using my mobile app so I could buy the equipment which I already thought was weird, I went ahead and did so and then they said I’d have to withdraw the money and deposit it into a bitcoin atm and then transfer the money to the vendor so I could get the equipment… I knew it was stupid as I was walking to my car with the money in hand…I knew it was stupid when I was depositing the money…I knew it was stupid when I was transferring the money to the “vendor”…but I still did it…when I got back home after all of that the person said I’d have to do it again tomorrow until the amount the check had was all transferred…I immediately went to my bank and asked them if I was being scammed then I was told to call a fraud number which I did and I filed a claim…I got scammed for $400 which I’m not getting back ._. Luckily I’m not bankrupt yet but it’s a serious dent in my wallet I feel like a complete idiot for recognizing the red flags and still going through with it just cause I was getting desperate', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/', '12r6frx', [['u/Hubbylord', 477, '2023-04-19 00:24', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgt01cg/', "Hey, it's okay. It happens to many people. I've been scammed. If you can take the time and continue learning more, it'll be worth it. I got scammed for about $700. I learned to love this subreddit and learn from it, and you can too.\n\nBeware of !recovery scammers who say they can help get the money back.", '12r6frx'], ['u/Superb-Row5394', 167, '2023-04-19 00:28', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgt0jnz/', 'Thank you for that I really really needed that type of reassurance at this moment nd ur completely right I’ll try to do just that\nLol Thank you for the warning I already had one recovery scammer message me xD', '12r6frx'], ['u/Hubbylord', 91, '2023-04-19 00:31', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgt10i3/', "Just a personal tip on the job search. Make sure you have a good resume, have a couple people look at it. Then I recommend applying to a large amount of jobs. I am an Electrical Engineer and had to apply to 50-60 jobs before I got an offer. Some types of jobs are just on a tough market. Only respond to interviews for jobs that are in your field and you applied for. You got this. I graduated a year ago, it's tough, but you got this.", '12r6frx'], ['u/Match-Former', 47, '2023-04-19 00:37', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgt1tdr/', "You're not an idiot. The people who prey on jobseekers are scum.", '12r6frx'], ['u/Superb-Row5394', 40, '2023-04-19 00:39', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgt24ud/', 'Thanks man! :O those r all really good tips that I’m going to keep in mind! U don’t even know how much I needed that type of encouragement man but ur right! Gotta get back on the search! I’ll try to have some friends look at my resume so I can get their tips on it to! Again thanks man! 🙏🏾', '12r6frx'], ['u/bewildered_forks', 23, '2023-04-19 00:53', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgt402y/', "Don't feel too badly about yourself. Scammers are professionals. They literally make their living by preying on people who are desperate or trusting. They know what they're doing. They're scum. You did nothing wrong. You recognized the scam before you lost more - remember that feeling in your gut and trust it next time.\n\nGood luck in your job hunt!", '12r6frx'], ['u/NikkiVicious', 26, '2023-04-19 01:15', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgt6yi6/', "Instead of applying to individual jobs on some place like Indeed, that's overrun with scammers, try looking for recruiting firms in your area, and giving them your resume. It will drastically cut down on scams.", '12r6frx'], ['u/Superb-Row5394', 18, '2023-04-19 01:56', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgtcdhl/', 'Thank you for that tip :0 I didn’t know how else to apply for jobs besides at places like indeed :0 I’ll definitely be looking into any recruiting firms in my area', '12r6frx'], ['u/Ancguy', 36, '2023-04-19 02:14', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgtevvo/', "Thanks for coming forth with this- I think it's important for us all to see that people who fall for scams are human beings with flaws and feelings. Too often they're stereotyped as being stupid, when that's often far from the truth. We make mistakes- everyone on this subreddit had to learn one way or another about these scams, so seeing the effects on real people is helpful. Good luck to you- other folks smarter than you and I have been taken for far more than $400. Good luck to you- hang in there!", '12r6frx'], ['u/HaoieZ', 98, '2023-04-19 03:01', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgtlhmn/', "Remember next time any 'job' that supposedly sends you money to buy your own gear is always a scam.", '12r6frx'], ['u/Superb-Row5394', 29, '2023-04-19 03:02', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgtlkov/', 'Facts! I’m definitely keeping that in mind from now on!', '12r6frx'], ['u/cacille', 28, '2023-04-19 03:59', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgttmkf/', "Desperation often wins over logic. This is because desperation is a feeling, and feelings ABSOLUTELY CONTROL US FIRST. Deeper into our lizard brain, so they rule our actions and thoughts when we are caught in a feeling.\n\nThat said, I'm a career consultant. And I sometimes look over recent grad's resumes and, honestly, tear them apart as most of the time, they are written with desperation and fear, which causes the resumes to not be clear or targeted properly. So you're welcome to dm me your resume.", '12r6frx'], ['u/FFiscool', 17, '2023-04-19 04:29', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgtxku7/', 'You paid $400 to learn a lifelong lesson', '12r6frx'], ['u/issa_nice_', 10, '2023-04-19 05:11', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgu30or/', 'This happened to me when I was graduating college as well. It was even a job posted on the UNIVERSITY website job portal for college students. It’s disgusting they prey on young vulnerable desperate people, but unfortunately it’s the name of their game. I’m glad you realized before you got in too deep and now it’s at least a lesson learned. Wishing you the best in your job search! Hang in there.', '12r6frx'], ['u/Mariss716', 10, '2023-04-19 07:09', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgufriy/', 'Many people are here because they were scammed themselves, or a loved one was. We have all let our guard down and had our trust violated. Scammers pick the most vulnerable and they do this on purpose. Such as targeting job searchers who need money and might overlook red flags they’d heed otherwise.\n\nDon’t be too hard on yourself. You got your lesson and it cost $400. You pick yourself up and learn from it, and it won’t ruin you. I have met people who lost their life savings in learning that lesson. The lesson is to be careful with your trust and your money, and protect yourself. \n\nYou just cannot trust strangers and who they claim to be. \n\nAlways do thorough due diligence and r/Scams is a great place to ask if you have any doubts. I come here and educate, and I have volunteered to work with victims for years. It’s a way I can give back, and I too was scammed for $250 back in 2007. Plus my folks were scammed a few years ago by a telephone scam and I remember how awful that was, seeing them devastated. I vowed I would not let that happen to others, and so here I am.\n\nSave your scorn for these scum of the earth scammers like the one that got you, and just be vigilant and diligent going forward. It’s important to talk about what happened to you. Don’t be ashamed - share your story to help educate and warn others, and your loss will not be in vain.\n\nAll the best in your job search.', '12r6frx'], ['u/bofh', 12, '2023-04-19 09:12', 'https://www.reddit.com/r/Scams/comments/12r6frx/i_fell_for_a_job_scam_and_i_feel_like_an_idiot/jgupmew/', 'Yep. Kudos for admitting to this and for learning from it. Both of those are difficult steps, and being able to admit this may save others around you from falling into the trap. \n\nScammers are very convincing relative to their audience (I fell for a big deal on an "expensive watch" when I was young and more naieve that with the wisdom of age I 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: ['Join the most important conversation in crypto and web3! Secure your seat today\nGood morning. Here’s what’s happening:\nPrices:Bitcoin lost the mojo it regained on Tuesday, dropping below $29K; ether fell toward $1.9K.\nInsights:Valuations for some Web3 games are higher than the lifetime revenue of some successful, traditional gaming companies, and yet Web3 doesn\'t have many games that make players enthusiastic.\nCoinDesk Market Index (CMI)\n1,250\n−73.5▼5.6%\nBitcoin (BTC)\n$28,936\n−1387.4▼4.6%\nEthereum (ETH)\n$1,948\n−149.8▼7.1%\nS&P 500\n4,154.52\n−0.4▼0.0%\nGold\n$2,007\n−0.4▼0.0%\nNikkei 225\n28,606.76\n−52.1▼0.2%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,250", "\\u221273.5\\u25bc5.6%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$28,936", "\\u22121387.4\\u25bc4.6%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,948", "\\u2212149.8\\u25bc7.1%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,154.52", "\\u22120.4\\u25bc0.0%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$2,007", "\\u22120.4\\u25bc0.0%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["28,606.76", "\\u221252.1\\u25bc0.2%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nBitcoin\'s Wednesday Swoon\nWhat happened to bitcoin\'s Tuesday mojo?\nThe largest cryptocurrency by market capitalization tripped early Wednesday, falling first below $30,000 for the second time in three days, and hours later, below $29,000 for the first time in more than a week. BTC was recently trading at about $28,930, down about 4.6% from Tuesday, same time, and far from its heights last week when a moderately encouraging consumer price index (CPI) and renewed investor optimism buoyed markets.\nInvestors\' mood soured on Wednesday after a sobering U.K. inflation report andmassive sell order on Binance. "One way or another, the hot U.K. CPI report that we got in today\'s European session made the market more vulnerable and may have been the piece of macroeconomic data that pushed that large seller to pull the trigger, which led to a cascade of sell orders as we dropped below $30,000," Matt Weller, global head of research at online brokerForex.com, told CoinDesk TV\'s "First Mover" program.\nEther continued its mirroring of BTC this week, falling around 7.1% to trade at around $1,945. The second-largest crypto in market value topped $2,100 on Tuesday after tumbling on Monday along with most other major altcoins. The second largest crypto in market value had been on an upswing in the days following the much-ballyhooed Ethereum Shanghai upgrade, the final step in the platform\'s shift from a proof-of-work to a more energy-efficient proof-of-stake protocol.\nAPT, the token of layer 1 blockchain Aptos, and ARB, the native crypto of layer 2 blockchain Arbitrum, recently plunged about 10% and 13%, respectively. TheCoinDesk Market Index, a measure of the crypto market\'s overall performance, was recently down 6.2%.\nEquity markets traded roughly flat for a second consecutive day, with the tech-heavy Nasdaq Composite rising 0.03% but the S&P 500, which has a strong technology component, dropping 0.01%. Investors have continued to digest unexpectedly strong first-quarter earnings from the financial services sector, although a number of regional banks have yet to report. Their results will offer additional clarity on the banking sector\'s health.\nIn an email to CoinDesk, Markus Levin, co-founder of XYO Network, a cryptography-backed oracle network that anonymously collects and certifies data with a geographic component, noted "a tremendous amount of anxiety in the market right now, particularly when it comes to macroeconomic conditions."\n"The U.K.’s higher-than-expected inflation numbers seem to be hitting a bit too close to home, both in the U.S. and in other countries where monetary policy is tightening and fears of a recession are growing," Levin wrote. "It seems as though all these macroeconomic concerns may finally be catching up with bitcoin."\nHe added that after bitcoin\'s strong gains in recent weeks, "it\'s not surprising to see consolidation. Crypto markets have always been particularly susceptible to price fluctuations, so none of this should be cause for panic.”\nThere are no gainers in CoinDesk 20 today.\n[{"Asset": "Avalanche", "Ticker": "AVAX", "Returns": "\\u22129.2%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Terra", "Ticker": "LUNA", "Returns": "\\u22129.0%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Decentraland", "Ticker": "MANA", "Returns": "\\u22128.6%", "DACS Sector": "Entertainment"}]\nWeb3 Lacks Good Games\nFor all the billions in market share that Web3 gaming and the metaverse command, there’s one thing missing: a good game.\nThe traditional gaming world has tentpole franchises that haven’t made in revenue over their lifespan what some Web3 games are worth. Yet. you can find plenty of people that have played a chapter of Grand Theft Auto, Halo, or have joined a multiplayer skirmish in PUBG or Call of Duty.\nSome of these games are memes-of-the-moment; PUBG seemed omnipresent in 2017-2018 with its fast-paced mobile-friendly action but is not so big anymore.\nBut it\'s likely harder to find someone that’s done the same for a Web3 game. Mention PUBG around gamers and most will know it. Can the same be said about a Web3 game? In a report from last week, DappRadar argued thatAsia is going to dominate Web3 gaming. It bases this response on a survey where 48.6% of respondents said that blockchain games “seem interesting.”\nBut what about after they give them a try? Are they still interesting?\nSquare Enix thinks there’s a market. The studio behind the Final Fantasy game franchise, which is as close to the holy canon as it gets for gamers,is apparently bullish on the vertical, having recently unveiled atrailer for its first web3 game.\nIts fans, though, aren’t as sold.\nSome of the highest-rated comments in response to the video are overwhelmingly negative.\n“How do I dislike a video more than once,” said J Miki. “With this rate, the next Final Fantasy will be the final fantasy,” added another.\n9:15 a.m. HKT/SGT(1:15 UTC)People\'s Bank of China Interest Rate Decision\n11:30 p.m. HKT/SGT(15:30 UTC)Bank of Canada\'s Governor Macklem Speech\n7:30 a.m. HKT/SGT(23:30 UTC)Japan National Consumer Price Index (YoY/March)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nBitcoin Drops Below $30K in Sudden Sell-Off; SEC Chair Gensler Declines to Say if Ether Is a Security\nBitcoin dropped more than 3% in just 15 minutes in European morning hours, starting a slide that sent BTC as low as $29,045.22.Forex.comglobal head of research Matt Weller joined "First Mover" to discuss. Plus, reaction to Tuesday\'s exchange between House Financial Services Committee Chairman Patrick McHenry and SEC Chairman Gary Gensler, who repeatedly declined to answer the congressman\'s question on whether ether (ETH) is a security. Former SEC senior trial counsel Howard Fischer and Linklaters U.S. head of blockchain and digital assets Joshua Ashley Klayman discussed. Blockdaemon CEO Konstantin Richter and Scroll Co-founder Sandy Peng also joined "First Mover."\nCoinDesk Winds Down Ethereum Validator ‘Zelda,’ and We Now Wait to Get Money Back:Following last week\'s milestone Shanghai upgrade, we moved to wind down CoinDesk\'s Ethereum validator project, but it could be a week before the 32 ETH we staked (about $67,000 worth) hits our wallet. C. Spencer Beggs, our director of engineering, breaks down the technical steps he\'s taken.\nInstitutions Flock to Ether After Shapella Upgrade:Open interest in CME futures has risen to the highest level since March 2022, indicating an influx of institutional traders to the crypto market.\nHong Kong Court Declares Crypto as Property in Case Involving Defunct Gatecoin:The ruling would give Hong Kong liquidators more clarity on how to treat crypto assets caught up in winding down procedures, law firm Hogan Lovells said.\nCrypto Wealth Manager Onramp Taps CoinDesk Indices to Create Customized Portfolios:The partnership will provide advisers with a wider range of options for shaping successful portfolios.\nRussia Plans to Mine Crypto for Cross-Border Deals, Says Central Bank:International sanctions have been imposed on the country to exclude it from the U.S. dollar-powered global payment infrastructure.', 'Join the most important conversation in crypto and web3! Secure your seat today Good morning. Here’s what’s happening: Prices: Bitcoin lost the mojo it regained on Tuesday, dropping below $29K; ether fell toward $1.9K. Insights: Valuations for some Web3 games are higher than the lifetime revenue of some successful, traditional gaming companies, and yet Web3 doesn\'t have many games that make players enthusiastic. Prices CoinDesk Market Index (CMI) 1,250 −73.5 ▼ 5.6% Bitcoin (BTC) $28,936 −1387.4 ▼ 4.6% Ethereum (ETH) $1,948 −149.8 ▼ 7.1% S&P 500 4,154.52 −0.4 ▼ 0.0% Gold $2,007 −0.4 ▼ 0.0% Nikkei 225 28,606.76 −52.1 ▼ 0.2% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,250 −73.5 ▼ 5.6% Bitcoin (BTC) $28,936 −1387.4 ▼ 4.6% Ethereum (ETH) $1,948 −149.8 ▼ 7.1% S&P 500 4,154.52 −0.4 ▼ 0.0% Gold $2,007 −0.4 ▼ 0.0% Nikkei 225 28,606.76 −52.1 ▼ 0.2% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Bitcoin\'s Wednesday Swoon What happened to bitcoin\'s Tuesday mojo? The largest cryptocurrency by market capitalization tripped early Wednesday, falling first below $30,000 for the second time in three days, and hours later, below $29,000 for the first time in more than a week. BTC was recently trading at about $28,930, down about 4.6% from Tuesday, same time, and far from its heights last week when a moderately encouraging consumer price index (CPI) and renewed investor optimism buoyed markets. Investors\' mood soured on Wednesday Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-04-20 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $561,345,592,500 - Hash Rate: 319313867.4340018 - Transaction Count: 296683.0 - Unique Addresses: 675813.0 Social & AI Sentiment: - Fear & Greed Index: 0.52 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Actively managed funds are poised to scoop up market share as institutional asset owners hunt for returns in gyrating markets, according to a report by Cerulli Associates. A little over one-quarter of institutional asset owners indicated they would increase their allocation to active equity strategies over the next two years, according to a survey of 200 institutional asset owners conducted by the Boston-based research firm. Meanwhile, 20% of respondents surveyed in the latter half of 2022 stated they would augment their fixed income strategy allocations during the same period. The potential switch to active management comes as exchange-traded funds using the strategy have continued to pick up assets in 2023 as larger index funds have posted lackluster returns so far this year. The largest and oldest U.S.-listed ETF, theSPDR S&P 500 ETF Trust (SPY),lost $11.4 billion in February alone, as its underlying index dipped 2.6% during the month on continued fears of sticky inflation and high interest rates. About one-third of all exchange-traded products are actively managed, with $396 billion in assets under management, according to ETF.com data. Still, they make up a small but growing fraction of the $6.9 trillion ETF industry. Active ETFs have pulled in a total of $16.8 billion through Feb. 22. Almost 48% of actively managed ETFs had positive inflows compared to roughly 45% of passively managed ETFs. According to the report, the gap between active and passive fund assets narrowed to $1.2 trillion at the end of last year, compared with a nearly $3 trillion gap a year prior. Institutional investors want actively managed portfolios, the research shows, with nearly one-third stating they expect to increase their allocations to U.S. equity. According to Cerulli researchers, nearly one-third of institutional investors indicated they would add exposure to U.S. equity ETFs and mutual funds, while 21% of respondents said they would do the same for global equity allocations. International equity ETFs have gathered $27.8 billion in the first two months of 2023, according to ETF.com data, with the most popular international equity funds including theJPMorgan BetaBuilders Europe ETF (BBEU)and theiShares Core MSCI Emerging Markets ETF (IEMG). The two funds have collectively gathered $9.6 billion year to date, ETF.com data shows. Contact Shubham [email protected] Recommended Stories • What Is a Covered Call ETF? • Grayscale on the 'Holy Grail of Bitcoin ETFs’: Spot Bitcoin ETF • Why Mutual Fund Companies Are Entering the ETF Industry • Hot Reads: Investors Turned Away From Passive ETFs in February Permalink\| © Copyright 2023ETF.com.All rights reserved... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Join the most important conversation in crypto and web3! Secure your seat today\nGood morning. Here’s what’s happening:\nPrices:Bitcoin continued its two-day swoon, dropping below $28K at one point. The head of research at Canadian crypto asset manager 3iQ linked its decline to U.S. regulatory woes and also noted that "market liquidity remains heavily tilted to Asia."\nInsights:With MiCA and a separate crypto-related rule, European legislators have built a promising, regulatory foundation for digital assets. U.S. efforts remain disjointed and counterproductive, CoinDesk columnist Daniel Kuhn writes in The Node.\nCoinDesk Market Index (CMI)\n1,231\n−17.2▼1.4%\nBitcoin (BTC)\n$28,113\n−777.4▼2.7%\nEthereum (ETH)\n$1,936\n−9.2▼0.5%\nS&P 500\n4,129.79\n−24.7▼0.6%\nGold\n$2,013\n+18.2▲0.9%\nNikkei 225\n28,657.57\n+50.8▲0.2%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,231", "\\u221217.2\\u25bc1.4%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$28,113", "\\u2212777.4\\u25bc2.7%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,936", "\\u22129.2\\u25bc0.5%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,129.79", "\\u221224.7\\u25bc0.6%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$2,013", "+18.2\\u25b20.9%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["28,657.57", "+50.8\\u25b20.2%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nBitcoin Decline Due to U.S. Regulatory Woes\nU.S. crypto regulatory woes have been weighing heavily on bitcoin.\nSo wrote Mark Connors, the head of research at Canadian crypto asset manager 3iQ, in a series of texts discussing BTC\'s stumble from what seemed safe heights above $30,000.\n"The Kabuki theatre that unfolded in Washington this week suggests Asia and other jurisdictions will continue to gain market share from the U.S., Connors wrote to CoinDesk, adding: "Coinbase’s decision to get licensed in Bermuda to launch an exchange as early as next week shows that U.S. digital asset companies are now voting with their feet. So this week we had both price and regulatory volatility, with only one clear loser, the U.S. economy."\nThe largest cryptocurrency by market capitalization was recently trading at about $28,100, down about 2.7% over the past 24 hours. But earlier on Thursday, bitcoin fell briefly to $27,991 on Coinbase, its lowest level since April 9. The decline continued a two-day slump that started early Wednesday amid a hot U.K. inflation report and massive sell-off on Binance. BTC is down about 10% from last week\'s high near $31,000 with investors more fretful than upbeat about crypto assets\' path forward.\nConnors noted that "market liquidity remains heavily tilted to Asia, so he was "not surprised to see bitcoin\'s downswing start as markets in that part of the world closed. "Remember, last May and June dislocations occurred in a similar window," he wrote.\nEther was recently changing hands at about $1,936, off a few fractions of a point and well off its recent, Shanghai upgrade highs above $2,100. Other major cryptos were largely in the red, mostly darker shades. XRP, the token of the XRP open-source public blockchain XRP Ledger, and ARB, the native crypto of the Arbitrum layer 2 blockchain, were both down more than 3.5%. TheCoinDesk Market Index, a measure of crypto markets overall performance, was recently down 1.3%.\nEquity markets fell, albeit not severely, with the tech-focused Nasdaq Composite and S&P 500, which has a strong technology component, off 0.8% and 0.6%, respectively. Gold hovered comfortably over $2,000, suggesting that investor appetites for assets that hold their value in good times and bad remained strong.\nDespite encouraging first-quarter earnings from a number of major banks, investors remain warily watchful, given the decline of a number of important economic indicators that may foreshadow recession. Recent jobs data has indicated a fall-off in the torrid employment market, and on Thursday, the National Association of Realtors monthly report showed home prices registering their biggest decline since 2012 and mortgage rates rising.\nMeanwhile, Connors wrote that "more volatility" was likely in store, "but not the [year-to-date] ‘upside’ volatility we have seen so far in 2023."\n"We may be entering a period of consolidation as U.S. regulation dims hopes and prompts regulatory reboots by many players. Both are counteracting the long running and structural tailwinds for BTC" that the company highlighted in its 2023 outlook.\nThere are no gainers in CoinDesk 20 today.\n[{"Asset": "Dogecoin", "Ticker": "DOGE", "Returns": "\\u22126.3%", "DACS Sector": "Currency"}, {"Asset": "Decentraland", "Ticker": "MANA", "Returns": "\\u22125.0%", "DACS Sector": "Entertainment"}, {"Asset": "Cardano", "Ticker": "ADA", "Returns": "\\u22124.7%", "DACS Sector": "Smart Contract Platform"}]\nWhy the EU Has MiCA and the U.S. Has Securities Law Confusion\nThe European Parliament went ahead and did it: Today, after years of deliberations and at least twoofficial delays, the landmark Markets in Crypto-Assets (MiCA) regulatory framework was voted in. European Union legislators also passed a separate crypto-related rule known as the Transfer of Funds regulation that imposes stronger surveillance and identification requirements for crypto operators, CoinDesk’sJack Schickler reported.\nThe rules were described as a"world first”by the European Commission\'s Mairead McGuinness, and also an “end of the Wild West era for crypto assets," according to Green Party lawmaker Ernest Urtasun. The laws, which will be enforced at the state-level, still need to be officially approved by the supra-governmental body called the EU Council, are just about cleared to take effect next year. (The Council’s approval is more of a formality at this point, considering it already approved the text of the law last year.)\nThis article is excerpted from The Node, CoinDesk\'s daily roundup of the most pivotal stories in blockchain and crypto news. You can subscribe to get the fullnewsletter here.\nFor many, MiCA represents a crucial step forward for the crypto industry. It’s the first major attempt to provide a comprehensive set of rules for crypto companies so they know in advance what they can and cannot do and where their responsibilities lie if they want to operate in the 27-nation strong trading bloc. The European Unionhopes it sets the global standard(and, in some sense, is worried about MiCA’s effectiveness in the EU if similar rules are not adopted everywhere).\nCoinDeskhaswrittena numberof overviewsof the legal framework. But. in short, MiCA requires crypto firms – like wallet providers and exchanges – to be licensed by the EU, and comply with money laundering and terrorism finance safeguards if they want to serve EU-based customers. Some have balked at the reporting standards, which will undoubtedly weaken privacy for crypto users in the name of customer safety and national security.\nRead the full storyhere:\n3:30 p.m. HKT/SGT(7:30 UTC)Germany S&P Global/BME Composite PMI (April)\n4:30 p.m. HKT/SGT(8:30 UTC)United Kingdom S&P Global/CIPS Services PMI (April)\n8:30 p.m. HKT/SGT(12:30 UTC)Canada Retail Sales (MoM/Feb)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nEU Vote Finalizes Agreement on Landmark MiCA Regulation; Bitcoin Falls Again\nLawmakers in the European Union on Thursday voted 517-38 in favor of a new crypto licensing regime, MiCA, with 18 abstentions, making it the first major jurisdiction in the world to introduce a comprehensive crypto law. Bitstamp Chief Operating Officer John Ehlers joined the conversation. This came as bitcoin (BTC) fell for a second straight day, touching a 10-day low. Options Insights founder Imran Lakha shared his crypto markets analysis. And, Lukso co-founder Marjorie Hernandez discussed why the layer 1 blockchain for creative types is opening a smart contract that lets original validators participate in running the blockchain.\nNFT Marketplaces Sales, Users Drop to Lows Not Seen Since 2021, Dune Data Shows:According to multiple dashboards compiled by researchers on analytics platform Dune, OpenSea and Blur are experiencing notable losses in both daily users and sales.\nCrypto Lending Protocol MakerDAO Approves Transferring a Maximum of $500M in USDC to Coinbase Custody for 2.6% Yield:The maneuver is part of MakerDAO’s earlier decision to move up to $1.6 billion of USDC stablecoins to Coinbase’s custody arm.\nBitcoin\'s Move Below 20-DMA Possible Short-Term Bearish Signal, Analysts Say:The world’s largest cryptocurrency by market value traded at a 10-day low and slipped below the 20-day moving average.\nDeFi-Focused Layer 1 Berachain Raises $42M Series A at $420.69M Valuation:The round was led by Polychain Capital and included participation from venture capital firms Hack VC, dao5, Tribe Capital, Shima Capital, CitizenX and Robot Ventures.\nTornado Cash Developer Pertsev Can Be Freed Pending Trial, Dutch Court Rules:Alexey Pertsev has been in a Dutch jail since August after U.S. authorities sanctioned the privacy protocol.', 'Join the most important conversation in crypto and web3! Secure your seat today Good morning. Here’s what’s happening: Prices: Bitcoin continued its two-day swoon, dropping below $28K at one point. The head of research at Canadian crypto asset manager 3iQ linked its decline to U.S. regulatory woes and also noted that "market liquidity remains heavily tilted to Asia." Insights: With MiCA and a separate crypto-related rule, European legislators have built a promising, regulatory foundation for digital assets. U.S. efforts remain disjointed and counterproductive, CoinDesk columnist Daniel Kuhn writes in The Node. Prices CoinDesk Market Index (CMI) 1,231 −17.2 ▼ 1.4% Bitcoin (BTC) $28,113 −777.4 ▼ 2.7% Ethereum (ETH) $1,936 −9.2 ▼ 0.5% S&P 500 4,129.79 −24.7 ▼ 0.6% Gold $2,013 +18.2 ▲ 0.9% Nikkei 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: 2023-04-21 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $542,731,572,594 - Hash Rate: 351118490.9644334 - Transaction Count: 352218.0 - Unique Addresses: 771581.0 Social & AI Sentiment: - Fear & Greed Index: 0.50 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Marathon Digital Holdings, Inc. FORT LAUDERDALE, Fla., March 31, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , a leader in supporting and securing the Bitcoin ecosystem, announced that Chief Financial Officer Hugh Gallagher has informed the Company that he intends to retire effective May 12, 2023. The Company has initiated an external search for a new Chief Financial Officer. “I joined Marathon to support the organization through its large expansion plans and to help build the Company’s finance team,” said Hugh Gallagher. “With hash rate growing and becoming more stable and with the team now in a stronger position, I made the decision to retire. I am proud of the progress we made during my tenure, especially given the various challenges the team overcame in 2022. I would like to thank Fred and the board for the opportunity and for their support, and I wish the entire Marathon team continued success.” Fred Thiel, Marathon’s chairman and CEO, commented, “Hugh played an instrumental role in developing our finance strategy, building our finance team, and helping us transition from an early-stage company into a more sophisticated organization. We are grateful for his contributions and for the strong foundation he helped lay. On behalf of the entire team at Marathon, I would like to thank Hugh for his service to the Company. He has been a valuable asset, and we wish him well in his retirement. With the external search for a new CFO already in progress, we look forward to continuing to build the team at Marathon and establishing the Company as a leader in the Bitcoin mining industry.” Investor Notice Investing in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking statements described under "Risk Factors" in Item 1A of our most recent Annual Report on Form 10-K for the fiscal year ended December 31, 2022, filed with the SEC on March 16, 2023. If any of these risks were to occur, our business, financial condition or results of operations would likely suffer. In that event, the value of our securities could decline, and you could lose part or all of your investment. The risks and uncertainties we describe are not the only ones facing us. Additional risks not presently known to us or that we currently deem immaterial may also impair our business operations. In addition, our past financial performance may not be a reliable indicator of future performance, and historical trends should not be used to anticipate results in the future. Future changes in the network-wide mining difficulty rate or Bitcoin hash rate may also materially affect the future performance of Marathon's production of bitcoin. Additionally, all discussions of financial metrics assume mining difficulty rates as of March 2023. See "Forward-Looking Statements" below. Story continues Forward-Looking Statements Statements made in this press release include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by the use of words such as “may,” “will,” “plan,” “should,” “expect,” “anticipate,” “estimate,” “continue,” or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading “Risk Factors” in the Company's Annual Reports on Form 10-K, as may be supplemented or amended by the Company's Quarterly Reports on Form 10-Q. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise. About Marathon Digital Holdings Marathon is a digital asset technology company that focuses on supporting and securing the Bitcoin ecosystem. The Company is currently in the process of becoming one of the largest and most sustainably powered Bitcoin mining operations in North America. Marathon Digital Holdings Company Contact: Telephone: 800-804-1690 Email: [email protected]... - Reddit Posts (Sample): [['u/Curious-Phi', 'Cathie Wood projects $2000 per share for TSLA and $1Million for BTC.', 42, '2023-04-21 02:29', 'https://www.reddit.com/r/TSLA/comments/12tkihp/cathie_wood_projects_2000_per_share_for_tsla_and/', 'Where will this money me from?', 'https://www.reddit.com/r/TSLA/comments/12tkihp/cathie_wood_projects_2000_per_share_for_tsla_and/', '12tkihp', [['u/radoslaf', 17, '2023-04-21 03:35', 'https://www.reddit.com/r/TSLA/comments/12tkihp/cathie_wood_projects_2000_per_share_for_tsla_and/jh3amti/', 'Her spider senses can only rival Cramer', '12tkihp'], ['u/VegasVator', 15, '2023-04-21 05:05', 'https://www.reddit.com/r/TSLA/comments/12tkihp/cathie_wood_projects_2000_per_share_for_tsla_and/jh3ltfc/', "I'm projecting TSLA to $420 per share and 69million for BTC. Who cares what Cathie Woods or I fart out our mouths.", '12tkihp'], ['u/SnooWoofers7345', 12, '2023-04-21 07:23', 'https://www.reddit.com/r/TSLA/comments/12tkihp/cathie_wood_projects_2000_per_share_for_tsla_and/jh3zxhs/', 'Everyone loved her 2019/2020. Its easy to hate on bulls in a bear market.', '12tkihp']]], ['u/Sylerb', "During market dips, you shouldn't be paying alts that dump, but those that are still hoding up against btc", 12, '2023-04-21 04:06', 'https://www.reddit.com/r/CryptoCurrency/comments/12tmzhs/during_market_dips_you_shouldnt_be_paying_alts/', 'Many people in the space like to brag about buying the market dips, or buying X coin at 30% or more discount as if this is a supermarket lol. I get that sometimes these are mere jokes, but I would like to explain it to newbies who might get fooled by it.\n\nBasically, whenever btc dips( like it is doing now), you should buy alts that show strength relative to btc and don\'t dip as hard as other alts do, because those alts are the ones that are going to pump the hardest after that dip, unless their fundamentals go wrong( which is a risk you are taking by investing in any alt anyways).\n\nYou can compare the alt performance by using the alt/btc chart on TradingView or Coinmarketcap.. \n\nNow to explain why: first, that alt didn\'t dip as hard because its holders aren\'t willing to sell, which is already a good sign because it shows the strength of the alt\'s community. Second, it can mean that the alt has so much buy pressure for that alt that it outperforms btc and its dominance, which again is a bullish sign.\n\n Finally, crypto investors (or at least the not-so-degen ones) will buy that alt that is holding up against btc because they agree with this perspective, or simply because they see that alt as a safer coin to hold than the other alts given that it didn\'t crash as much. \n\nAs always, this is not financial advice.\n\nEdit: sorry for the typos in the title, I meant "buying alts" and "holding up".', 'https://www.reddit.com/r/CryptoCurrency/comments/12tmzhs/during_market_dips_you_shouldnt_be_paying_alts/', '12tmzhs', [['u/stupidcupid112', 10, '2023-04-21 04:11', 'https://www.reddit.com/r/CryptoCurrency/comments/12tmzhs/during_market_dips_you_shouldnt_be_paying_alts/jh3fcfr/', 'You forgot "This is not Financial Advice"', '12tmzhs'], ['u/FattestLion', 14, '2023-04-21 04:26', 'https://www.reddit.com/r/CryptoCurrency/comments/12tmzhs/during_market_dips_you_shouldnt_be_paying_alts/jh3h8bw/', "during market dips it's okay to buy alts. During the market crashes you should probably buy BTC and ETH first, then when those rally significantly start to rotate your BTC and ETH into alts.\n\n\n\nI did not do this btw I yolo-ed into crashing alts in 2022 so I got rekt. Do as I say don't do as I do lol", '12tmzhs']]], ['u/shiningdialga13', 'My (probably crackpot) thought of a "non-crash" outcome for crypto', 13, '2023-04-21 04:40', 'https://www.reddit.com/r/Buttcoin/comments/12tntt5/my_probably_crackpot_thought_of_a_noncrash/', 'Not sure why this came to mind today, but as I\'ve been watching this whole Tether-Buttcoin spiral go on, I was thinking... Maybe this doesn\'t end in a spectacular crash. \n\nIf the USA, EU and other major countries crack down on stablecoins, they\'ll just move their operations to Russia and other sanction-dodging countries that would love a way to launder money. And them Tether just keeps minting and buying majority of BTC, keeps wash trading and keeps the price artificially high. Line keeps going up, but it doesn\'t even matter because there\'s no way to cash out and the only people left are the criminals and the delusional "hodlrs" hoping they\'ll have their Lambo someday. A self-contained crypto hell that becomes irrelevant to the rest of the world.\n\nThought in this? It seems logical to me but I don\'t know enough to say whether it\'s realistic or not.', 'https://www.reddit.com/r/Buttcoin/comments/12tntt5/my_probably_crackpot_thought_of_a_noncrash/', '12tntt5', [['u/robot_slave', 36, '2023-04-21 05:02', 'https://www.reddit.com/r/Buttcoin/comments/12tntt5/my_probably_crackpot_thought_of_a_noncrash/jh3lgjp/', "Real money has to keep exiting the system, to keep the miners' lights on.\n\nWhich means real money has to keep entering the system, too-- a bit-coin/tether merry-go-round isn't enough.\n\nThe miners need the money-launderers and ransomware victims to supply new real money, and they all need broker/dealers and exchanges to trade real money for tokens.", '12tntt5'], ['u/DKMuppy', 12, '2023-04-21 05:03', 'https://www.reddit.com/r/Buttcoin/comments/12tntt5/my_probably_crackpot_thought_of_a_noncrash/jh3lmzo/', "That's the million dollar question: will BTC experience a sudden death or a slow death. It's very possible that the Ponzi could last years before folks start trying to cash in on their BTC. Just look at Bernie Madoff.\n\nI'm convinced that it's going to be corporate greed by Tether or Binance that will push the bubble too far and catalyze a collapse. If you're Tether there is absolutely no incentive to stop printing endless amounts of money for yourself when there's no regulation or oversight to stop you. They've already printed $80 billion dollars, would not be surprised if they break $100 billion by the beginning of fall. It's just too profitable.", '12tntt5'], ['u/MammothReputation633', 10, '2023-04-21 10:05', 'https://www.reddit.com/r/Buttcoin/comments/12tntt5/my_probably_crackpot_thought_of_a_noncrash/jh4c2b6/', 'That’s a very clean way of looking at things. The miners are being paid to provide a service to the money launderers, who are will to put money into the system because it supports their profitable criminal enterprises. Everyone else is just a day trader being tricked to put money into the system but with no benefit coming in return.', '12tntt5']]], ['u/Potential-Coat-7233', 'Bitcoin by the math', 70, '2023-04-21 05:16', 'https://www.reddit.com/r/Buttcoin/comments/12tookv/bitcoin_by_the_math/', 'The turning point for me in regards to crypto was when I heard Bitcoin could only handle 7 transactions per second. Yes there is lightning network, but the 7 tps is a major problem.\n\nIf you do the math, 7 transactions per second times 60 (seconds in a minute) times 60 (minutes in an hour) times 24 (hours in a day) times 365 days in a year, you get 220 million transactions in a year.\n\nThis may seem like a lot, but that number means if mass adoption happens, and 500 million people have Bitcoin, less than half of those people can have a transaction in a year.\n\nLightning doesn’t even truly solve this, since to open a lightning channel (and close it) you need a transaction. So again, if 500 million have bitcoin, only half of them can open or close a channel in a year.\n\nIt’s just so shitty.', 'https://www.reddit.com/r/Buttcoin/comments/12tookv/bitcoin_by_the_math/', '12tookv', [['u/robot_slave', 59, '2023-04-21 05:22', 'https://www.reddit.com/r/Buttcoin/comments/12tookv/bitcoin_by_the_math/jh3nutq/', "Pretty well-known math, on this message-board at least. A reminder doesn't hurt, I suppose.", '12tookv'], ['u/iStayedAtaHolidayInn', 31, '2023-04-21 05:46', 'https://www.reddit.com/r/Buttcoin/comments/12tookv/bitcoin_by_the_math/jh3qh9r/', 'Few', '12tookv'], ['u/stormdelta', 45, '2023-04-21 06:15', 'https://www.reddit.com/r/Buttcoin/comments/12tookv/bitcoin_by_the_math/jh3tffl/', "In addition, any transactions made through a Lightning channel aren't actually settled until the channel is closed - which requires _another_ bitcoin transaction.\n\nAlso, net liquidity is limited to what you committed when opening the channel.", '12tookv'], ['u/NextRecipe', 49, '2023-04-21 06:24', 'https://www.reddit.com/r/Buttcoin/comments/12tookv/bitcoin_by_the_math/jh3ue6a/', 'transactions', '12tookv'], ['u/dmis4dungeonmaster', 24, '2023-04-21 07:29', 'https://www.reddit.com/r/Buttcoin/comments/12tookv/bitcoin_by_the_math/jh40etd/', 'For BTC itself, there are hundreds of Miners attempting to verify the same transaction - and there’s only one winner in that race, so the energy spent attempting to verify a single transaction is lost.', '12tookv'], ['u/Legal-Mammoth-8601', 19, '2023-04-21 09:21', 'https://www.reddit.com/r/Buttcoin/comments/12tookv/bitcoin_by_the_math/jh492o2/', "More math: Operating the bitcoin network is very expensive. How expensive? A single bitcoin transaction costs $44.64.\n\n(1 block / 10 minutes) x (6.25 bitcoin / 1 block [miner payout]) x ($30,000 / 1 bitcoin) x (1 min / 60 sec) x (1 sec / 7 transactions) = $44.64/transaction\n\nThis is $27 million / day, or $9.9 billion / year, which is pretty close to visa's operating expenses of $11 billion / year.", '12tookv'], ['u/viking_nomad', 15, '2023-04-21 10:07', 'https://www.reddit.com/r/Buttcoin/comments/12tookv/bitcoin_by_the_math/jh4c6xo/', 'Indeed. I support everyone who does their own [math]', '12tookv'], ['u/Schnitzel-1', 10, '2023-04-21 10:15', 'https://www.reddit.com/r/Buttcoin/comments/12tookv/bitcoin_by_the_math/jh4cpg3/', 'So the point is to store it until it moons and then sell it. Or am I missing a point here? You just hope there are enough people that buy it after you bought it so the... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Traders work on the floor of the New York Stock Exchange Michael M. Santiago/Getty Images US stock indices rose Friday as investors digested mixed earnings reports. However, all three major gauges closed the week in the red. Alphabet and Amazon are on deck to report quarterly results next week. US stocks closed slightly higher on Friday as traders assessed more corporate earnings results, but all three major indices finished the week in negative territory. The Nasdaq lost 0.3% for the week, and the Dow dipped 0.2% to snap a four-week winning streak. The S&P 500 ticked down less than 0.1% for the week. According to FactSet, more than 75% of S&P 500 companies that have reported so far have exceeded analysts' earnings expectations. Mega-cap tech like Alphabet and Amazon are on deck for next week's quarterly results. Here's where US indexes stood at the 4:00 p.m. ET close on Friday: S&P 500 : 4,133.52, up 0.09% Dow Jones Industrial Average : 33,808.96, up 0.07% (22.34 points) Nasdaq Composite : 12,072.46, up 0.11% Here's what else happened today: In an exclusive interview with Insider, economist Mohamed El-Erian explained the credit squeeze threatening the US economy, along with risks of more interest rate hikes. US money-market funds saw their assets drop for the first time since last month, according to Bloomberg. The Fed has inflation on the ropes, former Treasury Secretary Larry Summers said, while bemoaning the debt-ceiling fiasco in a new interview. The US economy could be headed towards a credit crunch that would only prolong a recession, according to Citi's chief economist. In commodities, bonds and crypto: West Texas Intermediate crude oil increased 0.49% to $77.75 per barrel. Brent crude , oil's international benchmark, rose 0.59% to $81.58. Gold declined 1.79% to $1,993 per ounce. The yield on the 10-year Treasury rose 2.3 basis points to 3.568%. Bitcoin dropped 3% to $27,255. Read the original article on Business Insider", "• US stock indices rose Friday as investors digested mixed earnings reports.\n• However, all three major gauges closed the week in the red.\n• Alphabet and Amazon are on deck to report quarterly results next week.\nUS stocks closed slightly higher on Friday as traders assessed more corporate earnings results, but all three major indices finished the week in negative territory.\nThe Nasdaq lost 0.3% for the week, and the Dow dipped 0.2% to snap a four-week winning streak. The S&P 500 ticked down less than 0.1% for the week.\nAccording to FactSet, more than 75% of S&P 500 companies that have reported so far have exceeded analysts' earnings expectations. Mega-cap tech like Alphabet and Amazon are on deck for next week's quarterly results.\nHere's where US indexes stood at the 4:00 p.m. ET close on Friday:\n• S&P 500:4,133.52, up 0.09%\n• Dow Jones Industrial Average:33,808.96, up 0.07% (22.34 points)\n• Nasdaq Composite:12,072.46, up 0.11%\nHere's what else happened today:\n• In an exclusive interview withInsider,economist Mohamed El-Erian explained the credit squeeze threatening the US economy, along with risks of more interest rate hikes.\n• US money-market funds saw their assets drop for the first time since last month, according toBloomberg.\n• The Fed has inflation on the ropes,former Treasury Secretary Larry Summers said,while bemoaning the debt-ceiling fiasco in a new interview.\n• The US economy could be headed towards a credit crunch that would only prolong a recession, according toCiti's chief economist.\nIn commodities, bonds and crypto:\n• West Texas Intermediate crudeoil increased 0.49% to $77.75 per barrel.Brent crude, oil's international benchmark, rose 0.59% to $81.58.\n• Golddeclined 1.79% to $1,993 per ounce.\n• The yield on the 10-year Treasury rose 2.3 basis points to 3.568%.\n• Bitcoin dropped 3% to $27,255.\nRead the original article onBusiness Insider", 'Before non-fungible tokens (NFT) came on the scene, the following chart was a fairly good representation of patterns that happened in the industry.\nFiat currency flowed largely through Bitcoin and other large caps before trickling down to mid caps and finally to low caps (also affectionately known as “shitcoins”).\nA couple of things have changed in the past two years, one being the emergence of NFTs as a digital asset class that fits somewhere in the above cycle.\nIt’s my opinion that NFTs, especially PFPs, are a hybrid of an identity solution, a club and a fungible token. There are different sizes by market cap, Bored Ape Yacht Club (BAYC) and Azuki being the large cap of the NFT market, Mfer’s, Nakamigo’s, and Milady’s being the mid caps and then basically the rest making up the small caps. Finally, add to the mix memecoins. They really do not profess to have any utility other than social media posting and having fun!\nFun + memes can now be a digital asset? Yeah. We see this by looking at $DOGE, $SHIBA, and now $PEPE, which reached a $150m market cap in several days. The Milady Maker PFP community is rumored to be behind the $PEPE memecoin emergence.\nMemecoins came back in after the Nakamigos and BAYC communities stagnated and had some large holders leave the community. That, combined with the boredom of retail\xa0crypto\xa0folks, and boom, on the scene comes memecoin season! It took over for a few days this past week with $PEPE, and others which I don’t really want to mention because I’m not sure it will be a long loved meta. But who knows?\nThe Milady Maker’s PFP assets rose this past week as the memecoin meta kicked off.\nThese new digital assets are now throwing more curve balls into the flow, and it’s yet to be seen where they fit in. One thing I know for certain, though, is that when large caps run, they rise fast, sucking all the liquidity from mid-lower caps. When they stop running, the capital flows back to mid-low caps. This pattern can happen across all classes (NFTs, fungible tokens) and also across categories as well (PFPs, Game-FI, fungible tokens, and utility NFTs), which is causing the Web3 scene to seem very chaotic.\nWith these liquidity ebbs and flows causing uncertainty even for the most seasoned traders, it’s clear that new patterns are emerging in the brave new world of NFTs and memecoins.\nNote that the observations presented in this text are not intended as financial advice but rather the insights of an individual who has an interest in recognizing trends and patterns, much like many others in this space.\nTheForkast 500 NFT Indexis down over 2% over the past seven days, reflecting a sharp decline in the NFT market. A new memecoin called $PEPE has been trading at volume, causing high transaction fees on Ethereum. NFT volume, on the other hand, has suffered as traders practice patience, with many waiting for fees to normalize.', 'Before non-fungible tokens (NFT) came on the scene, the following chart was a fairly good representation of patterns that happened in the industry. Bitcoin flow Fiat currency flowed largely through Bitcoin and other large caps before trickling down to mid caps and finally to low caps (also affectionately known as “shitcoins”). A couple of things have changed in the past two years, one being the emergence of NFTs as a digital asset class that fits somewhere in the above cycle. It’s my opinion that NFTs, especially PFPs, are a hybrid of an identity solution, a club and a fungible token. There are different sizes by market cap, Bored Ape Yacht Club (BAYC) and Azuki being the large cap of the NFT market, Mfer’s, Nakamigo’s, and Milady’s being the mid caps and then basically the rest making up the small caps. Finally, add to the mix memecoins. They really do not profess to have any utility other than social media posting and having fun! Fun + memes can now be a digital asset? Yeah. We see this by looking at $DOGE, $SHIBA, and now $PEPE, which reached a $150m market cap in several days. The Milady Maker PFP community is rumored to be behind the $PEPE memecoin emergence. Memecoins came back in after the Nakamigos and BAYC communities stagnated and had some large holders leave the community. That, combined with the boredom of retail\xa0crypto\xa0folks, and boom, on the scene comes memecoin season! It took over for a few days this past week with $PEPE, and others which I don’t really want to mention because I’m not sure it will be a long loved meta. But who knows? The Milady Maker’s PFP assets rose this past week as the memecoin meta kicked off. Milady These new digital assets are now throwing more curve balls into the flow, and it’s yet to be seen where they fit in. One thing I know for certain, though, is that when large caps run, they rise fast, sucking all the liquidity from mid-lower caps. When they stop running, the capital flows back to mid-low caps. This pattern can happen across all classes (NFTs, fungible tokens) and also across categories as well (PFPs, Game-FI, fungible tokens, and utility NFTs), which is causing the Web3 scene to seem very chaotic. Story continues With these liquidity ebbs and flows causing uncertainty even for the most seasoned traders, it’s clear that new patterns are emerging in the brave new world of NFTs and memecoins. Note that the observations presented in this text are not intended as financial advice but rather the insights of an individual who has an interest in recognizing trends and patterns, much like many others in this space. The Forkast 500 NFT Index is down over 2% over the past seven days, reflecting a sharp decline in the NFT market. A new memecoin called $PEPE has been trading at volume, causing high transaction fees on Ethereum. NFT volume, on the other hand, has suffered as traders practice patience, with many waiting for fees to normalize.', 'Cryptocurrencies are a speculative asset class. They come with extreme risk. Therefore, investors need not treat the issue of investing in them lightly. However, the recent surge in the value of some cryptocurrencies has left many investors wondering which cryptos to buy 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: 2023-04-22 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $527,986,670,362 - Hash Rate: 360804518.3013832 - Transaction Count: 354752.0 - Unique Addresses: 652782.0 Social & AI Sentiment: - Fear & Greed Index: 0.53 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: VICTORIA , Seychelles , March 22, 2023 /PRNewswire/ -- Bitget , the largest crypto copy trading platform, has announced a $30 million investment in the decentralized BitKeep multi-chain wallet, becoming its controlling stakeholder. The deal will allow the exchange to extend its range of services while also supporting BitKeep in enhancing the stability and security of its offerings. It's also aimed at helping both companies to leverage their strengths and collaborate on linking DeFi and CeFi. Bitget Invests US$30M In Multi-Chain Wallet BitKeep (PRNewsfoto/Bitget) The investment involves the merger of BitKeep Wallet with Bitget's business domain, significantly bolstering its existing user base and product offering. The BitKeep wallet was founded in 2018 and has been providing uninterrupted and reliable non-custodial wallet, swap and NFT marketplace services to its user base of more than 8 million across 168 countries. The wallet supports 90 mainnet networks such as Bitcoin, Ethereum, BNB Chain, Polygon, and Solana, and over 250,000 types of assets across more than 20,000 dApps. As part of the deal, Bitget has invested $30 million in BitKeep, increasing its shareholding and becoming the controlling stakeholder of the company evaluated at $300 million during its previous funding round. The partnership with Bitget will give the wallet access to the exchange's proven technology and security capabilities in the exchange domain, thus helping it improve the stability and security of its services. The investment announcement will be publicly made by the Bitget executives at Paris Blockchain Week. The deal is an important move for Bitget, as it will expand its business territory to the wallet sector and help it provide native storage and asset management services. By integrating BitKeep's established 8 million user base, Bitget will be receiving access to an entirely new audience of potential clients. This is one of Bitget's crucial moves towards Web3 entry as part of its new Go Beyond Derivatives strategy, which foresees linking CeFi and DeFi, transforming the platform from a leading contract exchange to a comprehensive and holistic exchange with its own ecosystem. Story continues Gracy Chen , managing director at Bitget, commented on the investment: " This move is a win-win choice for Bitget and BitKeep and facilitates collaborative efforts in the decentralized space and beyond. We are not only delighted to provide the team at BitKeep with the necessary support to reinforce the security and stability of its offering services, but also excited to have such an established industry player as part of our growing ecosystem. Being one of the most trusted crypto exchanges with a $300 million user protection fund, we know how much security and reliability mean to cryptocurrency users and are confident that the integration of our native solutions in this domain into BitKeep's framework will bolster its image as an attractive wallet. " Moka Han , Chief Operating Officer at BitKeep, also shared her views on the significance of the investment for users, adding: "The investment deal implies not only financial but also technical support, which will be provided to us by a professional team along with the experience necessary for product growth and market expansion. We are excited about this partnership and the potential it has to provide our users with even more comprehensive digital asset management services. We believe that working closely with Bitget will not only drive the growth of our business but also provide us with valuable experience exchange that will benefit our users." BitKeep's impressive lineup of services stretches far beyond a crypto wallet. It provides users with access to various DeFi protocols and NFT projects across different blockchains via its integrated dApp explorer, facilitating seamless and effortless interactions with crypto transactions. It also supports an NFT marketplace, a launchpad and a swap feature. As a purpose-built solution with diverse capabilities, BitKeep will further propel Bitget into the Web3 space once the integration is completed. In May 2022 , BitKeep announced a $15 million fundraising at a $100 million valuation. Dragonfly Capital led the round with participation from KuCoin Ventures, A&T Capital, Foresight Ventures, SevenX, Matrixport, Bixin Capital, Danhua Capital, Peak Capital and YM Capital. About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange with futures trading and copy trading services as its key features. Serving over 8 million users in more than 100 countries and regions, the exchange is committed to helping users trade smarter by providing a secure, one-stop trading solution. It also inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi , the leading Italian football team Juventus, and official eSports events organizer PGL. According to Coingecko, Bitget is currently a top 5 futures trading platform and a top 10 spot trading platform. For more information, visit: Website \| Twitter \| Telegram \| LinkedIn \| Discord About BitKeep BitKeep is a decentralized multi-chain digital wallet that provides an all-in-one solution for a comprehensive portfolio of services, including an integrated NFT Marketplace, wallet function, swap services, DApp Browser, and Launchpad. It offers reliable and secure asset management and trading services to more than 8 million users worldwide, covering 168 countries in North America , Europe , and Asia and is the top-rated wallet on Google Play globally, surpassing Metamask. BitKeep currently supports over 250,000 types of cryptocurrencies across over 80 chains, including major ones such as Bitcoin, Ethereum, Polygon, BNB Chain, Fantom, and Solana. For more information, visit: Website \| Twitter \| Telegram \| LinkedIn \| Discord SOURCE Bitget... - Reddit Posts (Sample): [['u/Dalkson', 'A little TA, as a treat.', 24, '2023-04-22 00:01', 'https://www.reddit.com/r/CryptoCurrency/comments/12uk1wt/a_little_ta_as_a_treat/', 'I’m going to preface this with I know a lot of people here dislike TA; However, I have seen a few ask for more of it in the community. I am by no means an expert, but my trades are net green using simple TA with support and resistance lines.\n\nhttps://preview.redd.it/9w3462n58bva1.png?width=2532&format=png&auto=webp&v=enabled&s=9dfc513d5c7fcc5f2139ff8f03d3bc21aea88a80\n\nhttps://preview.redd.it/kk97nry68bva1.png?width=2532&format=png&auto=webp&v=enabled&s=a76145d7cc91144251638f7ebd115eb2b9a323e6\n\nBased off these charts, BTC and ETH have broken support. Considering we have been pumping quite a bit, a pullback is healthy, and it just so happens that the next major support will be a perfect 50% pullback since march 10th.\n\nThese 50% pullbacks are common in trends and happened after the January pump to 24k and 1700 respectively.\n\nI am not saying anyone should sell or short, but I do think that there is a possibility we momentarily revisit these levels. What I do think people should do during the next week or so is prepare to be able to buy this possible dip. \n\n\nEdit: \n\nI should add that hitting 24k would give us this nice support line along the bottom.\n\nhttps://preview.redd.it/qpfx1gejpbva1.png?width=965&format=png&auto=webp&v=enabled&s=edeffd1268e5d8856ee81ed7c78afa8383f52805', 'https://www.reddit.com/r/CryptoCurrency/comments/12uk1wt/a_little_ta_as_a_treat/', '12uk1wt', [['u/Calm-Cartographer677', 22, '2023-04-22 00:03', 'https://www.reddit.com/r/CryptoCurrency/comments/12uk1wt/a_little_ta_as_a_treat/jh77kbo/', 'I love a bit of astrology in the evening, thanks OP!', '12uk1wt']]], ['u/spookmann', 'NOTE: Bitcoin dropping 10% in a week is not particularly newsworthy.', 465, '2023-04-22 00:55', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/', 'And frankly, that should scare the crap out of anybody who is HODLing bags of bitcoin.', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/', '12ulo2k', [['u/therobotisjames', 103, '2023-04-22 01:01', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh7ew0c/', 'Computer money go down! No!!!', '12ulo2k'], ['u/grauenwolf', 106, '2023-04-22 01:41', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh7jtqd/', "Bitcoin going up was good news to report on during the plague.\n\nWith all of the bad news these days, reporters don't need filler content like Bitcoin crashing (again).\n\nAnd I agree, that's bad for Bitcoin.", '12ulo2k'], ['u/decaf_flat_white', 63, '2023-04-22 01:43', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh7k4vx/', 'Steady lads, CZ’s wash trading bot army just suffered a small technical fault. Just got to page some poor IT sap who’s getting paid in imaginary internet money to fix it over the weekend.\n\nNothing to see here. Go back to being poor everyone.', '12ulo2k'], ['u/greyenlightenment', 21, '2023-04-22 02:07', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh7n4n1/', 'Yeah this is why ppl got to chill when the price goes up. it falls way faster and more than it goes up. long term trend: zero.', '12ulo2k'], ['u/greyenlightenment', 48, '2023-04-22 02:09', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh7nclr/', 'funny how bitcoin losses are always measured in dollars', '12ulo2k'], ['u/robot_slave', 11, '2023-04-22 02:17', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh7obkk/', "OK, fine, piss on my campfire.\n\nI'm a sicko, and I'm going relish my Line Go Down even if it does only last fifteen minutes.", '12ulo2k'], ['u/poobly', 10, '2023-04-22 02:39', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh7r11k/', 'You know we’re laughing at you, right?', '12ulo2k'], ['u/Short_Syllabub_303', 20, '2023-04-22 02:43', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh7rh5q/', 'When a cryptobro unironically uses the mantras in our sub and we upvote by mistake 😂', '12ulo2k'], ['u/Opcn', 12, '2023-04-22 02:52', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh7sjqp/', 'One bag will always equal one bag. Hodl!', '12ulo2k'], ['u/Potential-Coat-7233', 22, '2023-04-22 03:33', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh7xj8z/', 'Price doesn’t matter, abysmal adoption rates does.\n\nThis shit is hilarious in up and down markets.', '12ulo2k'], ['u/biffbobfred', 16, '2023-04-22 03:46', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh7z6ru/', 'Abysmal adoption rates help price stability. If there’s no actual usage flow then the market manipulation flow can be smaller', '12ulo2k'], ['u/barsoapguy', 45, '2023-04-22 04:18', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh82w40/', 'BeczuE bro, we do our own due diligence.\n\nThe vast majority of us are quite smart here.', '12ulo2k'], ['u/InsightTussle', 28, '2023-04-22 04:18', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh82wat/', 'Is that why tether printed another billion?', '12ulo2k'], ['u/Way-Reasonable', 74, '2023-04-22 04:26', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh83uwn/', "10% just doesn't do it for me anymore...I need bigger losses to trigger my dopamine", '12ulo2k'], ['u/DukkhaHappens', 30, '2023-04-22 04:27', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh83xbm/', 'Actually the Bitcoin price drop is signaling an upcoming moonshot. So it’s good for Bitcoin. 😂', '12ulo2k'], ['u/Gildan_Bladeborn', 13, '2023-04-22 05:03', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh88262/', 'Tree fiddy.', '12ulo2k'], ['u/therobotisjames', 29, '2023-04-22 05:45', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8cnfs/', 'Computer money should be measured in bytes.', '12ulo2k'], ['u/ThePhysicistIsIn', 19, '2023-04-22 05:56', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8dqnr/', 'Basically yeah, we read about crypto a lot', '12ulo2k'], ['u/PatchworkFlames', 12, '2023-04-22 06:30', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8h5ta/', '50% down and 100% up are equivalently big changes in asset value. Percentage decrease inherently has a bigger effect of the value of assets as the same percentage increase.', '12ulo2k'], ['u/[deleted]', 32, '2023-04-22 06:31', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8h9z7/', ">Do u just read about crypto a lot or sumn?\n\nThis is a sub for making fun of crypto morons. Why would people who don't know anything about crypto follow it?", '12ulo2k'], ['u/MrBirdHorner', 21, '2023-04-22 07:12', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8kwur/', 'It might surprise you to discover that the more one understands crypto and crypto markets, the less one wants anything to do with either', '12ulo2k'], ['u/Mongorize', 17, '2023-04-22 07:18', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8lej3/', "Christ - You really are a complete idiot, aren't ya?", '12ulo2k'], ['u/frivol', 22, '2023-04-22 08:00', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8orjw/', 'So a basket of drugs and ransom?', '12ulo2k'], ['u/entered_bubble_50', 16, '2023-04-22 08:26', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8qrtz/', 'Bro, Binance accounts for >80% of bitcoin transactions. They claim 11 trillion dollars in transactions per 24 hours. They are crypto. Everyone else is a rounding error.', '12ulo2k'], ['u/drlogwasoncemine', 10, '2023-04-22 08:38', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8rml0/', "Yeah, tether has to print to cover all the crypto sales. When the price goes up, people are excited and buy Bitcoin. When the price drops, it's cheaper so people buy more Bitcoin.\n\nSee, totally justified if you think about it taps head", '12ulo2k'], ['u/JasperJ', 12, '2023-04-22 09:02', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8tcpl/', 'Kilowatthours might be viable.', '12ulo2k'], ['u/entered_bubble_50', 14, '2023-04-22 09:07', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8tq8n/', "Sorry, you're right, it's 11 billion not trillion. \n\nThe interest comes from the fact that this is the biggest scam of all time, by far, and it's collapsing around us in real time. It's just interesting.", '12ulo2k'], ['u/JasperJ', 13, '2023-04-22 09:08', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8trkx/', 'Your idiocy is more along the lines of your deliberately misspelled folksy bonhomie.', '12ulo2k'], ['u/therobotisjames', 13, '2023-04-22 09:08', 'https://www.reddit.com/r/Buttcoin/comments/12ulo2k/note_bitcoin_dropping_10_in_a_week_is_not/jh8trqa/', 'Kilowatt bytes divided by computers equals money. Very simple. I don’t understand why people can’t understand this.', '12ulo2k'], ['u/deco19', 11, '2023-04-22 09:14', 'https://www.reddit.com/r/Butt... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Illustration by Mitchell Preffer for Decrypt This week, markets were at the mercy of macroeconomic factors as some at the Fed have indicated another rate hike is due next month. Crypto was also subjected to intense scrutiny by regulators in both the U.S. and EU. Bitcoin and Ethereum led the downturn, with similar seven-day losses of over 10% impacting many leading cryptocurrencies. The U.S. Securities and Exchange Commission’s (SEC) crackdown on crypto made headlines on Monday when the regulator sued yet another big crypto business for alleged failure to comply with securities laws, Seattle-based exchange Bittrex . Delphi Labs’ Gabriel Shapiro was outraged by the agency’s description of the Dash (DASH) token as a security. I just read SEC's case against Bittrex & am floored...more aggressive than could've been imagined and goes directly against Dash's no-premine model, saying DASH is a security despite the fact that the devco is funded by validators out of block rewards... pic.twitter.com/McpZEYTK1O — _gabrielShapir0 (@lex_node) April 17, 2023 On Thursday, The European Parliament passed the Markets in Crypto Assets (MiCA) bill with 517 votes in favor, 38 against, and 18 abstentions. The legislation now gives the bloc’s 27 constituent states a unified approach to crypto. Rebecca Retig, Chief Policy Officer at Polygon Labs, wrote a thread on Monday arguing that the bloc still needed to tweak its data act, which she described as “overbroad” and “ likely unenforceable in decentralized systems.” 1/ 🚨Today @0xPolygonLabs published an open letter to the EU on Art. 30 of the #DataAct , which could have serious consequences for permissionless smart contracts. @Ledger has joined in proposing amendments to narrow Art. 30 to protect decentralized software development. Read 👇 pic.twitter.com/AZHGCm14sQ — Rebecca Rettig (@RebeccaRettig1) April 17, 2023 Institutional Bitcoin whale Michael Saylor complained about all the sats he was receiving on Tuesday. Story continues So @MicroStrategy converted my corporate email address into a #Lightning ⚡️ address and people keep sending me 21 sats...🧡 pic.twitter.com/FHde6RtA6N — Michael Saylor⚡️ (@saylor) April 17, 2023 Crypto lawyer Rodrigo, who tweets under the handle @RSSH273 , tweeted a lengthy legal objection to the sanctioning of crypto privacy mixer Tornado Cash by U.S. authorities. We filed an amicus in the suit that 6 Tornado Cash users brought against the unprecedented sanctions of TC open-source code Our argument is simple: Sanctions only apply to “people” or “entities,” and their “property.” TC fits none of those definitions—it is just open-source code pic.twitter.com/oCKuRpIFyZ — Rodrigo (@RSSH273) April 17, 2023 Coinbase CEO Brian Amstrong flexed his diplomatic muscle in London on Tuesday. Later in the week the exchange announced extensive expansion plans ,\xa0 a maneuver to counteract the increasing assertiveness and aggressiveness of U.S. regulators towards the exchange and industry in recent months. Great meeting today with UK Economic Secretary and City Minister @griffitha . The UK is moving fast on sensible crypto regulation to both drive economic growth AND consumer protection. Excited to keep investing in the UK. 🇬🇧 pic.twitter.com/478PQSLmDe — Brian Armstrong (@brian_armstrong) April 17, 2023 Twitter user @Tayvano_ flagged a multimillion dollar wallet draining operation that has been active since December. For the past 48hrs I've been unwinding a massive wallet draining operation 😳😭 I don't know how big it is but since Dec 2022 it's drained 5000+ ETH and ??? in tokens / NFTs / coins across 11+ chains. Its rekt my friends & OGs who are reasonably secure. No one knows how. pic.twitter.com/MafntG7RkP — Tay 💖 (@tayvano_) April 18, 2023 Republican Tom Emmer’s appearance at a hearing in Washington on the oversight of the SEC made the rounds on Twitter with an eminently quotable soundbite. At the hearing, Emmer grilled SEC chair Gensler and said, “You’ve been an incompetent cop on the beat,” before claiming the SEC chair was pushing American firms into the “hands of the CCP (Chinese Communist Party).” And he’s pushing innovation into the hands of a communist country, the United States’ number one adversary: pic.twitter.com/lE0Q4TuhYa — Tom Emmer (@GOPMajorityWhip) April 18, 2023 Blockchain sleuth @ZachXBT on Wednesday compiled a long list of scams that rapper Soulja Boy has shilled since he got involved in crypto. 1/ In recent weeks influencers have given @souljaboy praise for new NFT projects in hopes of clout. In reality he has been one of the most shameless promoters in the crypto space. In my research I observed 73 promotions & 16 NFT drops done by him. Many of these were scams. pic.twitter.com/8xRDN79S5t — ZachXBT (@zachxbt) April 19, 2023 Do the “hiccups” referred to in writer and lawyer @NYCSouthpaw ’s tweet refer to blanket refusals from mama and papa Bankman-Fried to have their phones compromised in such an intrusive manner? Likely! One of SBF’s bail conditions is his parents have to have cell phones that automatically snap photos of the user every couple minutes, and they’re having some hiccups setting it up. https://t.co/i8NHWcb1qH — southpaw (@nycsouthpaw) April 19, 2023 On Thursday, news hit Twitter that Tornado Cash developer Alex Pertsev, who was arrested by Dutch authorities in August for allegedly facilitating money laundering, is getting released next Wednesday so he can prepare for his trial at home. tornado cash dev alex pertsev reportedly released just now pic.twitter.com/Lg1s01VaRP — banteg (@bantg) April 20, 2023 Gabriel Shapiro that day pitched his idea of a BORG. An abbreviation for “cybernetic organization,” the BORG is a “new middle” between the decentralized and autonomous principles of DAOs and the legal entitlements and compliant structures of traditional business entities. BORGs merge traditional business entities with smart contracts, offering a new path for DAO legal structuring. They are the culmination of years of my thinking on how to bridge meatspace corporate law & the on-chain world. pic.twitter.com/gaME7yXdvh — _gabrielShapir0 (@lex_node) April 20, 2023 Finally, Dogecoin creator turned-nocoiner Billy Markus still thinks crypto is a lunatic’s game. investing in crypto is literally just investing in mental illness which i suppose is on the rise, so… — Shibetoshi Nakamoto (@BillyM2k) April 22, 2023", 'This week, markets were at the mercy ofmacroeconomic factorsas some at the Fed have indicated another rate hike is due next month. Crypto was also subjected to intense scrutiny by regulators in both the U.S. and EU. Bitcoin and Ethereum led the downturn, with similar seven-day losses of over 10% impacting many leading cryptocurrencies.\nThe U.S. Securities and Exchange Commission’s (SEC) crackdown on crypto made headlines on Monday when the regulator sued yet another big crypto business for allegedfailure to complywith securities laws, Seattle-based exchangeBittrex. Delphi Labs’ Gabriel Shapiro was outraged by the agency’s description of the Dash (DASH) token as a security.\nOn Thursday, The European Parliament passed theMarkets in Crypto Assets(MiCA) bill with 517 votes in favor, 38 against, and 18 abstentions. The legislation now gives the bloc’s 27 constituent states a unified approach to crypto. Rebecca Retig, Chief Policy Officer at Polygon Labs, wrote a thread on Monday arguing that the bloc still needed to tweak its data act, which she described as “overbroad” and “likely unenforceablein decentralized systems.”\nInstitutional Bitcoin whale Michael Saylor complained about all the sats he wasreceivingon Tuesday.\nCrypto lawyer Rodrigo, who tweets under the handle@RSSH273, tweeted a lengthy legal objection to the sanctioning of crypto privacy mixer Tornado Cash by U.S. authorities.\nCoinbase CEO Brian Amstrong flexed his diplomatic muscle in London on Tuesday. Later in the week the exchange announced extensiveexpansion plans,\xa0 a maneuver to counteract the increasing assertiveness and aggressiveness of U.S. regulators towards the exchange and industry in recent months.\nTwitter user@Tayvano_flagged a multimillion dollar wallet draining operation that has been active since December.\nRepublican Tom Emmer’s appearance at a hearing in Washington on the oversight of the SEC made the rounds on Twitter with an eminently quotable soundbite. At the hearing, Emmer grilled SEC chair Gensler and said, “You’ve been an incompetent cop on the beat,” before claiming the SEC chair was pushing American firms into the “handsof the CCP(Chinese Communist Party).”\nBlockchain sleuth@ZachXBTon Wednesday compiled a long list of scams that rapper Soulja Boy has shilled since he got involved in crypto.\nDo the “hiccups” referred to in writer and lawyer@NYCSouthpaw’s tweet refer to blanket refusals from mama and papa Bankman-Fried to have theirphones compromisedin such an intrusive manner? Likely!\nOn Thursday, news hit Twitter that Tornado Cash developer Alex Pertsev, who was arrested by Dutch authorities in August for allegedly facilitating money laundering, isgetting releasednext Wednesday so he can prepare for his trial at home.\nGabriel Shapiro that day pitched his idea of a BORG. An abbreviation for “cybernetic organization,” the BORG is a “new middle” between the decentralized and autonomous principles of DAOs and the legal entitlements and compliant structures of traditional business entities.\nFinally, Dogecoin creator turned-nocoiner Billy Markus still thinks crypto is a lunatic’s game.', "Decentralization may be core to crypto\x92s DNA, but the same cannot be said about people\x92s preferences when engaging with digital assets, said Arthur Hayes. The distribution of decision-making and control is an essential component of Satoshi Nakamoto\x92s vision for Bitcoin in 2008, well before the dawn of the digital assets industry. But Hayes, the former CEO of cryptocurrency exchange BitMEX, suggested this central tenet isn\x92t important to the masses Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-04-23 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $533,099,142,950 - Hash Rate: 355961504.6329083 - Transaction Count: 432760.0 - Unique Addresses: 604273.0 Social & AI Sentiment: - Fear & Greed Index: 0.56 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin and Ether extended their declines in Tuesday afternoon trade in Asia, along with most other top 10 non-stablecoin cryptocurrencies by market capitalization, after regulators in the U.S. pulled up Binance, the world’s biggest crypto exchange, for allegedly violating trading mandates . Asian markets mostly gained on Tuesday, reflecting a rise in U.S. equities on Monday, as investor sentiment picked up following a slew of positive announcements that eased fears of a banking sector crisis. See related article: Binance rejects U.S. charges of violating trading rules, manipulating markets Fast facts Bitcoin, the world’s biggest cryptocurrency by market cap, lost 3.06% to US$26,960 in 24 hours to 4 p.m. in Hong Kong, according to data from CoinMarketCap , declining 2.22% in the last seven days. Ethereum dropped 1.61% to US$1,724, after losing 0.6% on the week. BNB, the native token of the world’s largest crypto exchange Binance, saw the biggest decline among top 10 cryptos. The token dropped 5.19% in the last 24 hours to US$309, after the U.S. Commodity Futures Trading Commission said Monday it filed a “civil enforcement action” lawsuit against Binance and its top executives for allegedly breaking trading rules. XRP was the only token among top 10 cryptos to gain in Tuesday afternoon trade in Asia, climbing 5.61% to US$0.4843, and has risen 25.47% on the week. The gains come as Ripple Labs, whose payment network is powered by XRP, expects to win a lawsuit filed against it by the U.S. Securities and Exchange Commission for allegedly selling US$1.3 billion in unregistered securities. The global crypto market capitalization dropped 1.96% to US$1.13 trillion, while the total crypto market volume gained 30.1% to US$43.42 billion in the last 24 hours. The Forkast 500 NFT index fell 0.54% to 4,004.93 on the day and declined 3.34% on the week. The index is a proxy measure of the performance of the global NFT market and includes 500 eligible smart contracts on any given day. Asian equity markets mostly rose on Tuesday after concerns regarding a banking industry crisis eased. Hong Kong’s Hang Seng Index rose 1.11%, South Korea’s Kospi increased 1.07% and Japan’s Nikkei 225 gained 0.15%. The Shanghai Composite lost 0.19% and the Shenzhen Component Index dropped 0.72%, over concerns that Covid-19 related disruptions continue to hamper China’s economic recovery . Gold slid 0.24% to US$1,951 an ounce, after falling 1% on Monday. The precious metal remains under its one-year high of US$2,000 that it touched last week. European bourses rose for a second consecutive day. The benchmark STOXX 600 gained 0.34% and Germany’s DAX 40 advanced 0.5%. European Central Bank President Christine Lagarde will speak at the opening ceremony of the Bank for International Settlements’ Innovation Hub Eurosystem Centre later Tuesday. London’s benchmark FTSE 100 rose 0.43% during the day, after Bank of England Governor Andrew Bailey said the country’s financial system is resilient and has robust capital, but warned that interest rates may move higher. See related article: Is our banking system obsolete? View comments... - Reddit Posts (Sample): [['u/mbdtf95', 'If people who created Buttcoin sub on the day they created it decided to invest $100 in Bitcoin instead that day and not sell, they would have $211k worth of BTC now', 1644, '2023-04-23 00:44', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/', "So that subreddit which is just a community of BTC and crypto haters was created on 18th of July in 2011. \n\nhttps://www.statmuse.com/money/ask/bitcoin+price+2011\n\nLooking at the price chart from 2011, back then price of 1 BTC was hovering at $13.16 on that particular day meaning just $100 would get you 7.6 BTC at the time. At current time of writing this, this would be worth about $211k right now. At the peak of Bitcoin back in 2021's bullrun, worth of that would be well over half a million USD.\n\n It's amazing that haters on there are longstanding users, hating for more than 10 years constantly on a thing like Bitcoin and crypto. Imagine hating something so much, calling it a ponzi scheme, a scam etc... for years and see that exact thing you're hating go from few dollars to over $50k, and you still keep hating it over the years being delusional.", 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/', '12vma5t', [['u/mishaog', 34, '2023-04-23 00:46', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbr312/', 'hindsight is 20/20', '12vma5t'], ['u/astockstonk', 12, '2023-04-23 00:57', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbsgek/', 'Beavis invested in Bitcoin. \n\nButt-Head created Buttcoin instead.', '12vma5t'], ['u/samer109', 24, '2023-04-23 01:00', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbsswy/', "Buttcoiners be like:\n\n- I'm glad I didn't buy bitcoin when it was $100, it's too risky and volatile.\n- I'm glad I didn't buy bitcoin when it was $1000, it's a bubble and a scam.\n- I'm glad I didn't buy bitcoin when it was $10,000, it's a Ponzi scheme and a waste of energy.\n- I'm glad I didn't buy bitcoin when it was $100,000, it's a fad and a cult.\n- I'm glad I didn't buy bitcoin when it was $1,000,000, it's too late and too expensive.", '12vma5t'], ['u/Calm_Lemonade', 14, '2023-04-23 01:04', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbt9bl/', 'Not exactly the case for them since they hate it anyway', '12vma5t'], ['u/Harold838383', 13, '2023-04-23 01:09', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbtwp5/', 'This should be posted in their sub', '12vma5t'], ['u/Cryptizard', 140, '2023-04-23 01:10', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbu2ob/', "If you had the opportunity to invest early in a ponzi scheme and make a bunch of money, but you thought at the time it was a ponzi scheme and knew that it would be taking money from other people, would you do it? That is what you are suggesting here. I don't agree with them, but they are at least consistent and believe in something. That is worthy of respect. Or do you just want to go through life with everyone agreeing with everything you say and never challenging you?", '12vma5t'], ['u/Consistent_Many_1858', 286, '2023-04-23 01:15', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbup3w/', "99% of us would have sold it at $10 or less. That's the truth.", '12vma5t'], ['u/Popular_Worry_9294', 11, '2023-04-23 01:17', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbuuqf/', 'Buttcoiners should keep not buying Bitcoin so price can go up more. We should thank them.', '12vma5t'], ['u/Kiiaru', 15, '2023-04-23 01:22', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbviww/', 'Same. I think it\'s good to see what crypto opponents have to say. A lot of their criticism is valid, and I do think crypto as a whole suffers from toxic positivity, celebrating all things even remotely positive as great while sweeping bad under the rug, or proclaiming that the bad things "aren\'t really bad because X"', '12vma5t'], ['u/experiencenonsense', 317, '2023-04-23 01:28', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbw85m/', "Posts like this help further demonstrate that crypto is only about number go up and that's more important than any utility or use case. As long as you can make a profit, that's what's truly important.", '12vma5t'], ['u/Harucifer', 11, '2023-04-23 01:37', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbxb7z/', '>even after all the things Bitcoin achieved in those 10 years.\n\nCan you name one meaningful achievement other than price (or "LiNe Go uP")? Bitcoin is less used for transactions today than it ever was. People just want to buy and hoard it while the whitepaper clearly stated it\'s supposed to be transacted with.', '12vma5t'], ['u/Onyourknees__', 61, '2023-04-23 01:38', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbxeyw/', "Guess I'm in the 1% that would have held out for at least an 🎱 on the silken highway.", '12vma5t'], ['u/Trylks', 11, '2023-04-23 01:45', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbyak9/', 'They know. That fuels their hate too.', '12vma5t'], ['u/Elie0_0', 27, '2023-04-23 01:57', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhbztay/', "Exactly, this is ridiculous.\n\n\n\nWhy would they have invested, when they don't think that it's price determines anything?", '12vma5t'], ['u/Legitimate_Concern_5', 16, '2023-04-23 02:05', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhc0rxt/', 'Nope, it’s from first principles. Hated it then and hate it now because it doesn’t make any sense. You’ll find a lot of us know an awful lot about crypto, blockchain, economics and the space as a whole. A lot of us are software engineers. Even my coiner friends ask me for updates on the space.\n\nThe fundamentals have not changed. On that we might even agree?\n\nAnyways there’s tons of ways to make money. Only thing you’ve gotta be is right, at the right time. haha. Everyone’s constantly missing out on hundreds of ways to be wealthy. It’s just the nature of life.\n\nBut look, I do wish you all the best.', '12vma5t'], ['u/Baecchus', 72, '2023-04-23 02:13', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhc1pa3/', 'I can transfer value from anywhere to anywhere at anytime without a middle man while having 100% custody over my assets. Sounds like a use case to me.', '12vma5t'], ['u/Baecchus', 18, '2023-04-23 02:17', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhc24km/', 'I don\'t think the "you\'d be up this much" argument is very useful either. If I bought Pepe at the perfect time I\'d turn $250 into a million as well. Doesn\'t prove anything about Pepe.', '12vma5t'], ['u/Baecchus', 17, '2023-04-23 02:22', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhc2qs2/', "I don't think those people even know what a ponzi scheme is. That word is thrown around every 10 seconds but people don't seem to know where it came from and what it's used to describe. Nothing about BTC makes it a ponzi scheme.\n\n[Here's a Charles Ponzi documentary](https://www.youtube.com/watch?v=w4waqVKanxA&vl=en) for those who are actually interested in learning instead of throwing that word around ignorantly.", '12vma5t'], ['u/Bucksaway03', 21, '2023-04-23 02:25', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhc35kp/', 'Without being charged $16 or something ridiculous to', '12vma5t'], ['u/elysiansaurus', 33, '2023-04-23 02:26', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhc3au2/', 'This, why would they invest $100 in something that they are almost certain is a scam, if anything, as Bitcoin rose over the years the sub probably lost some members who got converted into being pro Bitcoin.', '12vma5t'], ['u/Elie0_0', 12, '2023-04-23 02:34', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhc47lv/', 'Alright Shakespeare', '12vma5t'], ['u/nicklor', 10, '2023-04-23 02:44', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhc5enw/', 'I think if anything it discourages actual use because by spending it you are losing potential revenue for example the famous pizza story. Who wants to spend BTC at 30k when it might be at 100k in a year.', '12vma5t'], ['u/DunamisMax', 43, '2023-04-23 02:45', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhc5kzs/', 'What percentage of the population in modern civilized countries actually needs to do that, legitimately asking? Maybe 1% at most? We already have a multitude of completely free and instant forms of sending cash to others (Zelle for example). I understand the whole "no middle man" thing, but no one cares about that.', '12vma5t'], ['u/conceiv3d-in-lib3rty', 10, '2023-04-23 02:50', 'https://www.reddit.com/r/CryptoCurrency/comments/12vma5t/if_people_who_created_buttcoin_sub_on_the_day/jhc63s8/', 'ser what do u mean, i’m in it for the tech', '12vma5t'], ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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) -- Bitcoin’s rebound is just the start of a rally that will take it past $50,000 next year courtesy of a process known as halving that curbs the supply of new tokens, according to projections from crypto analysts.\nMost Read from Bloomberg\n• Tesla Drops Model Y Starting Price Below the Average US Vehicle\n• Quants Are ‘Out of Ammo’ for Buying Stocks, Goldman Warns\n• Netflix Spain Lost 1 Million Users Last Quarter, Kantar Says\n• First Republic Faces Potential Curb on Borrowing From Fed\n• Singapore Hikes Property Tax, Doubling Rate on Foreigners to 60%\nThe largest digital asset has climbed 67% since Dec. 31 in a partial revival from an epic rout in 2022. While the token at the moment is struggling in the vicinity of $30,000, halving holds the potential to trigger an advance of at least 81%, according to Bloomberg Intelligence and Matrixport.\nA halving – or halvening – cuts in half the amount of tokens that Bitcoin miners receive as reward for their work. The quadrennial event is due next around April 2024 and is part of the process of capping Bitcoin supply at 21 million tokens. The coin hit records after each of the last three halvings.\nThe upcoming halving is currently about 50% priced in based on previous cycles, said Jamie Douglas Coutts, a Bloomberg Intelligence analyst. Coutts predicts that Bitcoin can scale $50,000 by April 2024.\n“Bitcoin cycles bottom around 12-18 months prior to the halving and this cycle structure looks similar to the past ones, albeit many things have changed — while the network is vastly stronger, Bitcoin has never endured a prolonged severe economic contraction,” he said.\nThe Bitcoin bounce has sputtered of late, restrained by cooling expectations of Federal Reserve interest-rate cuts amid persistent inflation. A US regulatory crackdown on crypto in the wake of the FTX exchange’s collapse in November 2022 also threatens to darken the market outlook.\nFTX Low\n“If the collapse of FTX was indeed the bottom of this cycle, then history would suggest that we still have approximately 350 days of ‘accumulation’ before witnessing the characteristic post-halving breakout price action,” said Jacob Joseph, an analyst at CCData.\nMarkus Thielen, research head at Matrixport, said in a recent note that Bitcoin will reach around $65,623 by April 2024 — more than double the current price.\nBitcoin remains about $41,000 down from its all-time high of almost $69,000 in November 2021 — which came 18 months after its 2020 halving. Crypto markets crashed last year as central banks jacked up rates to curb price pressures and digital-asset companies imploded.\n“Bitcoin may once again reach a new all-time high in the future, however, it is unlikely to see the same growth as previous cycles due to increased market size and competition from other digital assets,” said CCData’s Joseph.\nBitcoin edged up less than 0.5% to $27,590 as of 8 a.m. in Singapore on Monday after retreating a little more than 9% last week. Smaller tokens like Ether, Cardano and Solana also made modest gains as the trading week got underway in the Asia-Pacific region.\nMost Read from Bloomberg Businessweek\n• Musk Bets the House of Tesla on Low Prices and Razor-Thin Margins\n• Carvana Was Built for Low Interest Rates. Can It Survive Its $8 Billion Debt?\n• Walmart Is Using AI to Negotiate the Best Price With Some Vendors\n• How Asia’s Hottest New App Was Sunk by Secret China Connections\n• VPNs Are Going Mainstream, and So Are Their Trust Issues\n©2023 Bloomberg L.P.', '(Bloomberg) -- Bitcoin’s rebound is just the start of a rally that will take it past $50,000 next year courtesy of a process known as halving that curbs the supply of new tokens, according to projections from crypto analysts.\nMost Read from Bloomberg\n• Tesla Drops Model Y Starting Price Below the Average US Vehicle\n• Quants Are ‘Out of Ammo’ for Buying Stocks, Goldman Warns\n• Netflix Spain Lost 1 Million Users Last Quarter, Kantar Says\n• First Republic Faces Potential Curb on Borrowing From Fed\n• Singapore Hikes Property Tax, Doubling Rate on Foreigners to 60%\nThe largest digital asset has climbed 67% since Dec. 31 in a partial revival from an epic rout in 2022. While the token at the moment is struggling in the vicinity of $30,000, halving holds the potential to trigger an advance of at least 81%, according to Bloomberg Intelligence and Matrixport.\nA halving – or halvening – cuts in half the amount of tokens that Bitcoin miners receive as reward for their work. The quadrennial event is due next around April 2024 and is part of the process of capping Bitcoin supply at 21 million tokens. The coin hit records after each of the last three halvings.\nThe upcoming halving is currently about 50% priced in based on previous cycles, said Jamie Douglas Coutts, a Bloomberg Intelligence analyst. Coutts predicts that Bitcoin can scale $50,000 by April 2024.\n“Bitcoin cycles bottom around 12-18 months prior to the halving and this cycle structure looks similar to the past ones, albeit many things have changed — while the network is vastly stronger, Bitcoin has never endured a prolonged severe economic contraction,” he said.\nThe Bitcoin bounce has sputtered of late, restrained by cooling expectations of Federal Reserve interest-rate cuts amid persistent inflation. A US regulatory crackdown on crypto in the wake of the FTX exchange’s collapse in November 2022 also threatens to darken the market outlook.\nFTX Low\n“If the collapse of FTX was indeed the bottom of this cycle, then history would suggest that we still have approximately 350 days of ‘accumulation’ before witnessing the characteristic post-halving breakout price action,” said Jacob Joseph, an analyst at CCData.\nMarkus Thielen, research head at Matrixport, said in a recent note that Bitcoin will reach around $65,623 by April 2024 — more than double the current price.\nBitcoin remains about $41,000 down from its all-time high of almost $69,000 in November 2021 — which came 18 months after its 2020 halving. Crypto markets crashed last year as central banks jacked up rates to curb price pressures and digital-asset companies imploded.\n“Bitcoin may once again reach a new all-time high in the future, however, it is unlikely to see the same growth as previous cycles due to increased market size and competition from other digital assets,” said CCData’s Joseph.\nBitcoin edged up less than 0.5% to $27,590 as of 8 a.m. in Singapore on Monday after retreating a little more than 9% last week. Smaller tokens like Ether, Cardano and Solana also made modest gains as the trading week got underway in the Asia-Pacific region.\nMost Read from Bloomberg Businessweek\n• Musk Bets the House of Tesla on Low Prices and Razor-Thin Margins\n• Carvana Was Built for Low Interest Rates. Can It Survive Its $8 Billion Debt?\n• Walmart Is Using AI to Negotiate the Best Price With Some Vendors\n• How Asia’s Hottest New App Was Sunk by Secret China Connections\n• VPNs Are Going Mainstream, and So Are Their Trust Issues\n©2023 Bloomberg L.P.', '(Bloomberg) -- Bitcoin\x92s rebound is just the start of a rally that will take it past $50,000 next year courtesy of a process known as halving that curbs the supply of new tokens, according to projections from crypto analysts. Most Read from Bloomberg Tesla Drops Model Y Starting Price Below the Average US Vehicle Quants Are \x91Out of Ammo\x92 for Buying Stocks, Goldman Warns Netflix Spain Lost 1 Million Users Last Quarter, Kantar Says First Republic Faces Potential Curb on Borrowing From Fed Singapore Hikes Property Tax, Doubling Rate on Foreigners to 60% The largest digital asset has climbed 67% since Dec. 31 in a partial revival from an epic rout in 2022. While the token at the moment is struggling in the vicinity of $30,000, halving holds the potential to trigger an advance of at least 81%, according to Bloomberg Intelligence and Matrixport. A halving \x96 or halvening \x96 cuts in half the amount of tokens that Bitcoin miners receive as reward for their work. The quadrennial event is due next around April 2024 and is part of the process of capping Bitcoin supply at 21 million tokens. The coin hit records after each of the last three halvings. The upcoming halving is currently about 50% priced in based on previous cycles, said Jamie Douglas Coutts, a Bloomberg Intelligence analyst. Coutts predicts that Bitcoin can scale $50,000 by April 2024. \x93Bitcoin cycles bottom around 12-18 months prior to the halving and this cycle structure looks similar to the past ones, albeit many things have changed \x97 while the network is vastly stronger, Bitcoin has never endured a prolonged severe economic contraction,\x94 he said. The Bitcoin bounce has sputtered of late, restrained by cooling expectations of Federal Reserve interest-rate cuts amid persistent inflation. A US regulatory crackdown on crypto in the wake of the FTX exchange\x92s collapse in November 2022 also threatens to darken the market outlook. FTX Low \x93If the collapse of FTX was indeed the bottom of this cycle, then history would suggest that we still have approximately 350 days of \x91accumulation\x92 before witnessing the characteristic post-halving breakout price action,\x94 said Jacob Joseph, an analyst at CCData. Story continues Markus Thielen, research head at Matrixport, said in a recent note that Bitcoin will reach around $65,623 by April 2024 \x97 more than double the current price. Bitcoin remains about $41,000 down from its all-time high of almost $69,000 in November 2021 \x97 which came 18 months after its 2020 halving. Crypto markets crashed last year as central banks jacked up rates to curb price pressures and digital-asset companies imploded. \x93Bitcoin may once again reach a new all-time high in the future, however, it is unlikely to see the same growth as previous cycles due to increased market size and competition from other digital assets,\x94 said CCData\x92s Joseph. Bitcoin edged up less than 0.5% to $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: 2023-04-24 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $527,836,170,531 - Hash Rate: 341432463.6274834 - Transaction Count: 360173.0 - Unique Addresses: 634746.0 Social & AI Sentiment: - Fear & Greed Index: 0.53 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: As investors look for cryptos to buy with the Bitcoin ( BTC-USD ) halving on the horizon, some under-the-radar names are well-positioned to provide outsized gains this year. Despite other growth names slowing down, the sustained crypto rally has made some investors believe that a new crypto bull market might have already started. However, with the backdrop of a banking crisis, high interest rates, and a possible recession, I believe it will take a lot more time before the crypto market reaches a new all-time high. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Rate cuts are likely later this year, and the halving event early next year will translate into a substantial upside. By finding the right cryptos to buy, your portfolio will be set to capitalize on such a rally. Investors can even invest directly into pre-made portfolios or tokenized funds offered by companies such as Velvet.Capital with high returns. Or they can use trading bots on exchanges like Binance or KuCoin . For example, Velvet offers flexible architecture, tokenization module and integrations with all major DeFi primitives including AMMs, liquidity aggregators, lending protocols, staking pools and other yield farming options. But if you’re looking specifically for individual projects with high upside potential, these are the three cryptos to buy: RNDR-USD Render Token $2.03 MATIC-USD Polygon $1.16 ( ETH-USD Ethereum $ 2,075.81 Render Token (RNDR) A concept image of the world with different crypto icons. Source: Shutterstock Render Token ( RNDR-USD ) is a token that is used to rent GPU rendering power on the Render network. The token is also a reward for users who lease their GPU computing power to the network. Essentially, the network pools all the GPU power from users worldwide and then resells that power to individuals and institutions that need to render digital art, movies, documentaries, motion graphics, or anything that requires GPU power. I believe this project is an efficient way to speed up the rendering process for those who can’t afford expensive GPUs, and it is also quite cheap. Story continues There are growing sectors with huge demand for rendering power, such as artificial intelligence, cloud computing, the metaverse, and rising interest in digital art. These trends will act as tailwinds for the Render Token in the long run. AI and cloud computing are two of the hottest sectors right now. That should explain why RNDR is delivering much higher gains compared to the rest of the market. Polygon (MATIC) A phone, on top of a laptop keyboard, displaying the logo for Polygon. Polygon Price Predictions Source: sdx15 / Shutterstock.com Polygon ( MATIC-USD ) is a layer-2 project that runs on the Ethereum ( ETH-USD ) blockchain. It aims to solve the existing problems on the Ethereum blockchain, such as scalability and speed, using layer-2 solutions. Of course, there are lots of layer-2 projects on Ethereum right now. But what makes Polygon unique is its zkEVM support and the fast-growing gaming sector on the network. The zkEVM support will allow developers on Ethereum to use the Polygon layer-2 protocol without writing any new code. They can easily skip the high fees but with the added security of zero-knowledge technology. That’s different from the optimistic rollups with EVM support, as they have less security. Polygon is well-positioned to capitalize on Ethereum’s growth and could become an essential part of the Web 3.0 puzzle. Ethereum (ETH) Concept coins for Ethereum (ETH) and Ethereum Classic (ETC). Source: Shutterstock Ethereum is arguably the best crypto project out there. It leads the Web 3.0 space, as it supports various programming languages (through clients), tools, and standards for developing dapps. Ethereum also has the largest and the most diverse developer community in the crypto ecosystem, which gives it an edge over its competitors. One of the main strengths of Ethereum is its security and stability. Unlike some of its rivals, such as Solana ( SOL-USD ) or Avalanche ( AVAX-USD ), Ethereum has never experienced a major network outage or a catastrophic bug. Ethereum has also proven its resilience against attacks and hacks thanks to its large network of validators and developers. Still, some may point out that Ethereum has a scalability issue, as it can only process about 25 transactions per second on its base layer. However, this is not a problem for me, as Ethereum has many layer-2 solutions that can boost its performance and lower its costs. As I’ve explained earlier, Polygon is one of them, with a blazing-fast 7,200 TPS. That’s less than Solana’s but enough to meet the needs of the Ethereum network. Even Solana uses no more than ~4,000 TPS . Routine (such as Shapella) upgrades continue to add to the network’s security and efficiency. On 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.com Publishing Guidelines . Omor Ibne Ehsan is a writer at InvestorPlace. He is a self-taught investor with a focus on growth and cyclical stocks that have strong fundamentals and long-term potential. He also has an interest in high-risk, high-reward investments such as cryptocurrencies and penny stocks. You can follow him on LinkedIn . More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today It doesn’t matter if you have $500 or $5 million. Do this now. Massive Bear Market “Divergence Event” Ahead… And The #1 Way to Play It The post 3 Cryptos That Could Go Parabolic in 2023 appeared first on InvestorPlace .... - Reddit Posts (Sample): [['u/KingHunter150', 'I know this is a pedantic complaint, but I think it speaks volumes to the lackluster and anti player grind Lightkeeper is', 256, '2023-04-24 00:17', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/', 'So, to make the Ledex craft, you need essentially an academic journal textbook to "read" how to make them. Um okay, but you can only get it via a quest after what is an insane grind to Lightkeeper. But this lore reason makes no sense. We have the flea market, and a PC and even a bitcoin farm, and thus access to the internet. So why couldn\'t we access the knowledge one needs to make a Ledex craft via the infinite knowledge source that is the internet? It just feels so tacky and arbitrary—a clearly forced grind to gain access to an item. Now I know you can just get Ledex\'s by, you know, playing the game and finding them in raid and surviving. But the question then: what is the point of the craft? If you want to make it this arbitrarily hard and grindy to make Ledex\'s for a quest that you will most likely have already done, and where it is more efficient to just farm Ledexs for the trade-in where it doesn\'t matter if you die, why have this grindy convoluted quest chain that feels so anti-climatic?\n\nI don\'t understand the direction or purpose of the "end game" content being a no-life grind fest with rather lackluster rewards. It doesn\'t feel like a game, it feels like busywork, and it doesn\'t even make sense within the game\'s own lore. I hope Lightkeeper gets updated with more interesting mechanics, like being an in-person trader in the future like we all assumed he would be. I feel like it would be a lot cooler if you had to bring him a variety of valuable barter items and he gave you the item in question. That way you facilitate a map being also a trade point, and all the chaos and fighting would occur around that. As it stands, there isn\'t really a reason to camp the lighthouse either unless you\'re just griefing. If the idea was you could get valuable traded loot off people with access to Lightkeeper then at least the map would have a unique element to it that sets it apart from all the other maps.', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/', '12wsck5', [['u/Xnuclearwarhead', 18, '2023-04-24 00:40', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhg7t6w/', 'Super helpful, I bet people groan when you show up anywhere.', '12wsck5'], ['u/[deleted]', 275, '2023-04-24 00:56', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhg9xfy/', 'lightkeeper is grindy? he is hidden so far beyond the thickest wall of tedious tasks that i dont even bother to start fulfilling requirements to open him. i bet he doesnt exist for 99.99% of players', '12wsck5'], ['u/Xnuclearwarhead', 15, '2023-04-24 01:08', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgbjjf/', "Did you think about maybe not everyone spends their whole week on the EFT reddit? Ops post isn't whiney, it's a legit criticism.", '12wsck5'], ['u/[deleted]', 30, '2023-04-24 01:35', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgeyxt/', 'im 46 and im nowhere near him', '12wsck5'], ['u/doxjq', 66, '2023-04-24 01:47', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhggdw1/', 'I’m actually curious to know how many players have done it. It can’t be many surely. I would assume it was less than 0.1%', '12wsck5'], ['u/Kitteh_91', 24, '2023-04-24 02:07', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgiykl/', "the book required to craft a ledx can be found in raid, my friends found one on labs, and it can be found on lighthouse as well. The book is now just a reward similar to the other items people think is only obtainable from lightkeeper, like the item needed for intel lvl 3 can be found on labs and that other new 2x2 slot tech item. Lightkeeper's tasks at this point is just quests for those who are bored and need something else to do until he can actually be traded with.", '12wsck5'], ['u/TimSad', 11, '2023-04-24 02:18', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgk9pt/', 'What’s the point of being the way that you are?', '12wsck5'], ['u/Goyu', 10, '2023-04-24 02:20', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgkjsx/', "It's legit criticism. An intense grind should have some kind of meaningful reward, but most of the time the harder the grind the more useless and lackluster the reward. Making busywork that takes weeks to complete is not the solution to the end game problems that Tarkov has, it's just a way of making sure the playercount doesn't get too high.\n\nIt's ok to criticize the game kiddo, it's not perfect and little Nicky doesn't need your protection.\n\nNot gonna address the rest of what you said. It was too stupid.", '12wsck5'], ['u/SomeScientist', 103, '2023-04-24 02:45', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgno0t/', 'It’s so strange to me that we’re supposedly beta testing this game and yet this new stuff is so grindy to get to in the first place. You’d think they’d want more eyes on this new section of game play.', '12wsck5'], ['u/KingHunter150', 53, '2023-04-24 02:51', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgody0/', 'I feel from the answers people have given, either serious or from gate keeping no-lifers, is that this grind is somehow fun to them. It gives a reason for the streamers to stay around longer and the elitists something to work towards. My question though for BSG: why tailor your end game around giving purpose to a small part of your player base that will do anything if it gives them an excuse to play more. The end game content is surely more of a turn off to most players, especially when there is a wipe cycle. Furthermore, no streamers have done the Light Keeper tasks legitimately. They all cheesed it with their viewers. If the people that actually advertise your game complete the endgame by cheesing because its too ridiculous to them, I feel like that is a serious problem.', '12wsck5'], ['u/folie11', 23, '2023-04-24 03:13', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgr38v/', 'A useless "vendor" on Lighthouse hidden behind a bunch of tedious quests ( not like we\'re lacking those anyway ). He proves no purpose other than existing.', '12wsck5'], ['u/KingHunter150', 20, '2023-04-24 03:21', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgs49z/', "I mean from a purely purposeful meaning, video games aren't meant to provide that. Its just kinda sad if your reason to wake up is a videogame that gives you fake arbitrary challenges that make a 9-5 office job more appealing. Videogames for most people who have their purpose derived from life play videogames to have fun, of which challenging games are definitely a genre of fun. But this isn't that, this is a time sink, it is disrespectful of a player's time to actually play the game, unless your sole purpose for the day is derived from playing a videogame like a full-time job. As you can imagine that isn't a tenable situation, and for the small minority that has the ability to do that, that also isn't a tenable market to make money off of from BSG's perspective. It seems more like a poorly executed way to add longevity to a wipe when people drop off and get bored. And if your solution to making a ride last longer is increasing the waiting time in the line before you hop on, well thats just a shitty system and insulting to the time of the player. Make the game have longevity by being fun, not busywork.", '12wsck5'], ['u/KingHunter150', 14, '2023-04-24 03:24', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgsgyv/', "I did. My response was that is a sad and bad solution for the health of the game and anyone who actually enjoys this grind, IF the only reason they put up with this grind is that its one of the few or only avenues of purpose in their life. I am feeling sadness for fellow gamers if that is the state they're in, or the lunacy of BSG to try and exploit that demographic.", '12wsck5'], ['u/KingHunter150', 16, '2023-04-24 03:25', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgsksx/', 'Amazing response that encapsulates the problem lol', '12wsck5'], ['u/Uncle_Bobby_B_', 12, '2023-04-24 04:00', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgwvmy/', 'How am I coping lol', '12wsck5'], ['u/Representative-Dig16', 15, '2023-04-24 04:17', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgyvwa/', 'You are literally the people OP was referring to lol', '12wsck5'], ['u/KingHunter150', 13, '2023-04-24 04:21', 'https://www.reddit.com/r/EscapefromTarkov/comments/12wsck5/i_know_this_is_a_pedantic_complaint_but_i_think/jhgzcar/', "I know. Its amazing that the slightest criticism turned him into a gatekeeper revealing he derives purpose from a shitty game mechanic that he flaunts over others as a facade of elitism. I'm still half thinking he's just a brilliant troll, well for his sake.", '12wsck5'], ['u/Churu_', 13, '2023-04-24 07:18', 'https://www.reddi... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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) -- Countries including China and Iran are deploying digital repression more frequently to target dissent both at home and beyond their borders, the top US intelligence official said, raising the alarm about the erosion of democratic norms worldwide. Most Read from Bloomberg Tesla Drops Model Y Starting Price Below the Average US Vehicle Fed’s Jerome Powell Tricked by Russian Pranksters Posing as Zelenskiy US Economic Growth Slows to 1.1% While Inflation Accelerates ASML, Europe’s Most Valuable Tech Firm, Is at the Heart of the US-China Chip War Fugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving Bitcoin Invasive spyware, disinformation and other technological tools pose a grave threat to US national security, Director of National Intelligence Avril Haines said Monday. Even worse, she added, artificial intelligence can enable regimes to head off efforts to counter them. “The use of these technologies and methods to monitor and limit dissent are on a trajectory to become even more pervasive, targeted and complex,” Haines said at the Carnegie Endowment for International Peace in Washington. “We’re seeing more and more instances of other countries engaging in digital repression and their adoption of these approaches is, in turn, contributing to further democratic erosion,” she said. US Charges 44 Over Chinese Harassment of Dissidents Overseas Haines singled out Russia for passing laws that censored opposition to its invasion of Ukraine and imprisoning people who spread so-called “fake news.” Iran and China, she said, had curtailed digital speech, both domestically and elsewhere. China is “the world’s leading perpetrator of transnational repression,” Haines said. She pointed to a recent indictment against four dozen Chinese officials for allegedly harassing Chinese citizens in the US. Chinese embassy spokesman Liu Pengyu rejected Haines’s characterization and said the country abides by international law. Story continues “China firmly opposes the US’s slanders and smears, its political manipulation, the false narrative of ‘transnational repression,”’ Liu said in a statement. “The US abuse of judicial and law enforcement means against the Chinese citizens is the real ‘transnational repression,’ bringing further damage to the mutual trust between the two countries and bilateral cooperation in the relevant fields.” Haines warned of the rising practice of governments cutting off Internet access, which she said had happened more than 180 times across 35 countries last year. The US intelligence community has seen a record number of governments block websites with political, social or religious content. Most Read from Bloomberg Businessweek A Tax Loophole Makes EV Leasing a No-Brainer in the US At Charles Schwab, Being a Big Bank Has Become a Big Problem Good Luck Paying for Those $10,000 Obesity Drugs Everyone’s Talking About Musk Bets the House of Tesla on Low Prices and Razor-Thin Margins Biden Sparks a $2 Trillion Arms Race Over Chips, Green Subsidies ©2023 Bloomberg L.P.', '(Bloomberg) -- Countries including China and Iran are deploying digital repression more frequently to target dissent both at home and beyond their borders, the top US intelligence official said, raising the alarm about the erosion of democratic norms worldwide.\nMost Read from Bloomberg\n• Tesla Drops Model Y Starting Price Below the Average US Vehicle\n• Fed’s Jerome Powell Tricked by Russian Pranksters Posing as Zelenskiy\n• US Economic Growth Slows to 1.1% While Inflation Accelerates\n• ASML, Europe’s Most Valuable Tech Firm, Is at the Heart of the US-China Chip War\n• Fugitive CEO Ordered to Pay $3.4 Billion in Record Fraud Case Involving Bitcoin\nInvasive spyware, disinformation and other technological tools pose a grave threat to US national security, Director of National Intelligence Avril Haines said Monday. Even worse, she added, artificial intelligence can enable regimes to head off efforts to counter them.\n“The use of these technologies and methods to monitor and limit dissent are on a trajectory to become even more pervasive, targeted and complex,” Haines said at the Carnegie Endowment for International Peace in Washington.\n“We’re seeing more and more instances of other countries engaging in digital repression and their adoption of these approaches is, in turn, contributing to further democratic erosion,” she said.\nUS Charges 44 Over Chinese Harassment of Dissidents Overseas\nHaines singled out Russia for passing laws that censored opposition to its invasion of Ukraine and imprisoning people who spread so-called “fake news.” Iran and China, she said, had curtailed digital speech, both domestically and elsewhere.\nChina is “the world’s leading perpetrator of transnational repression,” Haines said. She pointed to a recent indictment against four dozen Chinese officials for allegedly harassing Chinese citizens in the US.\nChinese embassy spokesman Liu Pengyu rejected Haines’s characterization and said the country abides by international law.\n“China firmly opposes the US’s slanders and smears, its political manipulation, the false narrative of ‘transnational repression,”’ Liu said in a statement. “The US abuse of judicial and law enforcement means against the Chinese citizens is the real ‘transnational repression,’ bringing further damage to the mutual trust between the two countries and bilateral cooperation in the relevant fields.”\nHaines warned of the rising practice of governments cutting off Internet access, which she said had happened more than 180 times across 35 countries last year. The US intelligence community has seen a record number of governments block websites with political, social or religious content.\nMost Read from Bloomberg Businessweek\n• A Tax Loophole Makes EV Leasing a No-Brainer in the US\n• At Charles Schwab, Being a Big Bank Has Become a Big Problem\n• Good Luck Paying for Those $10,000 Obesity Drugs Everyone’s Talking About\n• Musk Bets the House of Tesla on Low Prices and Razor-Thin Margins\n• Biden Sparks a $2 Trillion Arms Race Over Chips, Green Subsidies\n©2023 Bloomberg L.P.', 'Cryptocurrency exchange Coinbase took action against the Securities and Exchange Commission (SEC) late Monday, asking a federal court to compel the agency to respond to its demand for clearer crypto regulations. The exchange sent the SEC its so-called “ petition for rulemaking ” last July, and asked the regulator to propose and adopt rules for digital assets securities. It also sought answers to 50 specific questions that would provide “clarity and certainty regarding the regulatory treatment of digital asset securities." Some of the questions center on the SEC’s methodology for classifying certain tokens as securities, while others focus on topics like asset custody and trading crypto asset securities on SEC-regulated exchanges. Under the law, the SEC is required to address Coinbase’s petition within a “reasonable” amount of time, a person familiar with the situation told Decrypt , alluding to the Administrative Procedure Act . They said that, from Coinbase’s point of view, a reasonable amount of time has passed after nine months with no response. Coinbase Is Backing Ripple Against the SEC Responding to the questions and creating new rules related to digital asset securities would be beneficial for the health of U.S. capital markets, the petition argued. “The U.S. does not currently have a functioning market in digital asset securities due to the lack of a clear and workable regulatory regime,” it stated. “New rules facilitating the use of digital asset securities would allow for a more efficient and effective allocation of capital in financial markets.” Should it ultimately respond to the petition, the financial watchdog could say that it does not believe new rules are necessary, echoing comments made by SEC Chairman Gary Gensler. During a congressional hearing last month, Gensler said “ regulations actually already exist ” for crypto to be managed effectively under securities laws. But if the SEC’s response to Coinbase’s petition is not to create new rules, then the company would have the opportunity to challenge the SEC in court, the source said. And, according to the source, until the company gets a response from the SEC, the exchange’s push for regulatory clarity is effectively on ice. Story continues Coinbase Chief Legal Officer Paul Grewal wrote in a blog post that Coinbase is not asking the court to tell the SEC how to respond. "We are simply requesting that the Court order the SEC to respond at all, which they are legally obligated to do," he said. "It’s important for the SEC and any other agency petitioned for rulemaking to respond to the petition once the agency has made up its mind, especially if the answer is no," Grewal continued. "Otherwise, the public can never exercise its right to ask a court if the agency’s decision was proper." Coinbase Backs Grayscale’s Bitcoin ETF Lawsuit Against SEC The petition was filed on the same day that the SEC claimed nine tokens available on Coinbase were unregistered securities, listed in an insider trading lawsuit brought against a former Coinbase product manager, Ishan Wahi, and two others. The exchange’s challenge comes amid a regulatory crackdown in the U.S., where agencies like the SEC and the Commodity Futures Trading Commission (CFTC) have stepped up their scrutiny of digital assets firms so far this year. The cryptocurrency exchange Kraken reached a settlement with the SEC in February over its staking-as-a-service program, which the agency alleged was offered to investors in violation of securities laws. Kraken was hit with a $30 million fine and agreed to cease the service for clients in the U.S. as part of its settlement. But Kraken—which consists of Payward Ventures, Inc. and Payward Trading Ltd.—did not admit to or deny the SEC’s allegations. Coinbase signaled its staking products could also come under regulatory pressure after the co Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-04-25 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $529,715,309,912 - Hash Rate: 302688354.2796839 - Transaction Count: 369843.0 - Unique Addresses: 663868.0 Social & AI Sentiment: - Fear & Greed Index: 0.53 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: New technologies are often scary. Then, over time, people get to know them a little—and often still wouldn’t touch them with a 10-foot pole. That would be you, cryptocurrency. More from Fortune: 5 side hustles where you may earn over $20,000 per year—all while working from home Looking to make extra cash? This CD has a 5.15% APY right now Buying a house? Here's how much to save This is how much money you need to earn annually to comfortably buy a $600,000 home The Pew Research Center yesterday released the results of a survey showing that a whopping 88% of Americans have heard at least something about crypto, and three-quarters of those people are either not very confident (36%) or not at all confident (39%) about the safety and reliability of virtual currencies. A mere 6% are very or extremely confident in crypto. Of course, hearing about something and experiencing it are two different things, and Pew’s research does show that those who have invested in crypto (around a sixth of U.S. adults, who tend to be wealthier, younger men) are somewhat more likely to find it trustworthy—just 43% of that cohort lack confidence in it. Americans aged 50 or older are less likely to be confident about crypto, as are women. On the plus side for Team Crypto, 69% of those who have invested in, traded, or used cryptocurrencies still hold some of it. The results don’t indicate how much they still hold, but, for those who don’t urgently need to liquidate their holdings, I guess it makes sense to avoid selling in a crypto winter. As it happens, Bitcoin is on an upward trajectory at the moment, having just broken past the $30,000 mark for the first time since the middle of last year. But that’s not necessarily an expression of confidence in Bitcoin as such—it probably has more to do with the expectation that central banks will stop hiking interest rates. There’s certainly no reason to think regulators are going to become less hostile to crypto in the near future, especially given recent actions such as the U.S. Commodity Futures Trading Commission’s civil suit against Binance and its CEO, Changpeng “CZ” Zhao, over alleged compliance violations. Story continues Speaking of which, do read Jeff John Roberts and Yvonne Lau’s exclusive interview with the otherwise-quiet-these-days Zhao, which delves deep into his formative experiences in Canada and China—and even his relationship with his brilliant but remote father. And don’t forget to check out Fortune’ s new Crypto 40 list , which shows how, even if trust in cryptocurrencies is dismal these days, many blockchain technologists are still building quality companies. Want to send thoughts or suggestions to Data Sheet? Drop a line here . David Meyer Data Sheet’s daily news section was written and curated by Andrea Guzman. This story was originally featured on Fortune.com More from Fortune: 5 side hustles where you may earn over $20,000 per year—all while working from home Looking to make extra cash? This CD has a 5.15% APY right now Buying a house? Here's how much to save This is how much money you need to earn annually to comfortably buy a $600,000 home... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["The original crypto bad boy Arthur Hayes still has a bone to pick with what he calls the \x93broken banking system.\x94 Hayes, the founder of the cryptocurrency exchange BitMEX, said he sees crypto as an important asset for consumers to own as a hedge against risk from the traditional banking system. \x93I don\x92t care if you\x92re capitalist or a communist. Everybody put on a lot of debt. We\x92ve passed the point where that debt is becoming useful,\x94 Hayes said during an interview for a recent episode of the gm from Decrypt podcast. \x93And therefore everyone is going to take an 'L' unless they get some crypto or some gold\x97some hard asset that\x92s outside of the traditional banking system.\x94 Normies Don\x92t 'Actually Care About Decentralization': Arthur Hayes Hayes founded BitMEX in 2014 and reaped his rewards for being so early to the industry. But in 2021, the Department of Justice charged him with violating the U.S. Bank Secrecy Act for failing to comply with anti-money laundering programs at BitMEX. He pleaded guilty and after serving two years probation and six months of home detention, he has relocated to Singapore. In that time, Hayes has continued writing long-form essays about cryptocurrency and blockchain adoption. He says his motivations are to educate people about how crypto works and why it\x92s valuable as an alternative to traditional financial institutions. According to Hayes, it\x92s become too politically damaging to let institutions fail in the traditional banking system. Instead, he said, politicians and regulators have tried to keep things going by piling on an increasing amount of debt. He referenced the collapse of Silicon Valley Bank, where consumers rushed to withdraw their funds and triggered a massive bank run. Ultimately, California state banking regulators had to place SVB into receivership and the Federal Reserve had to implement emergency lending . Recent banking collapses have also increased interest in alternative assets, such as Bitcoin, according to Hayes. He said people feared that they could not get full access to their assets, a large concern especially for institutions with large volumes of capital, and it made people consider cryptocurrency as an alternative. As financial institutions have suffered large losses this year, cryptocurrencies have conversely seen increased volume and inflows . \x93If we want crypto to be another financial system, people need to really understand what we're trying to replace, or improve upon,\x94 he said. \x93The unfortunate fact is, a lot of people don't receive any sort of education about how money works, how the banking system works, how asset markets really function.\x94", "The original crypto bad boy Arthur Hayes still has a bone to pick with what he calls the “broken banking system.”\nHayes, the founder of the cryptocurrency exchange BitMEX, said he sees crypto as an important asset for consumers to own as a hedge against risk from the traditional banking system.\n“I don’t care if you’re capitalist or a communist. Everybody put on a lot of debt. We’ve passed the point where that debt is becoming useful,” Hayes said during an interview for a recent episode of the gm fromDecryptpodcast. “And therefore everyone is going to take an 'L' unless they get some crypto or some gold—some hard asset that’s outside of the traditional banking system.”\nNormies Don’t 'Actually Care About Decentralization': Arthur Hayes\nHayes founded BitMEX in 2014 and reaped his rewards for being so early to the industry. But in 2021, the Department of Justice charged him with violating the U.S. Bank Secrecy Act for failing to comply with anti-money laundering programs at BitMEX. He pleaded guilty and after serving two years probation and six months of home detention, he has relocated to Singapore.\nIn that time, Hayes has continued writing long-form essays about cryptocurrency and blockchain adoption. He says his motivations are to educate people about how crypto works and why it’s valuable as an alternative to traditional financial institutions.\nAccording to Hayes, it’s become too politically damaging to let institutions fail in the traditional banking system. Instead, he said, politicians and regulators have tried to keep things going by piling on an increasing amount of debt.\nHe referenced the collapse of Silicon Valley Bank, where consumers rushed to withdraw their funds and triggered a massive bank run. Ultimately, California state banking regulators had to place SVB into receivership and the Federal Reserve had to implement emergencylending.\nRecent banking collapses have also increased interest in alternative assets, such as Bitcoin, according to Hayes. He said people feared that they could not get full access to their assets, a large concern especially for institutions with large volumes of capital, and it made people consider cryptocurrency as an alternative.\nAs financial institutions have suffered large losses this year, cryptocurrencies have conversely seenincreased volume and inflows.\n“If we want crypto to be another financial system, people need to really understand what we're trying to replace, or improve upon,” he said. “The unfortunate fact is, a lot of people don't receive any sort of education about how money works, how the banking system works, how asset markets really function.”", 'A digital copy of the original Bitcoin whitepaper that had been hidden on Macintosh computers for more than five years is not part of an upcoming operating system update from Apple,AppleInsiderreportedTuesday.\nThe late discovery of the PDF document went viral three weeks ago, and it represented only the latest in along line of easter eggsthat Apple (or its employees, more likely) have planted over the last several decades. It seems to have gone unnoticed by Apple\'s millions of users until 2020, when designer Joshua Dickens posted about it to Twitter. Someone who read his poststarted a threadin Apple\'s support forums in April 2021.\nIt didn\'t garner much more attention, however, until noted technologist Andy Baiowrote about itlast month.\n"Of all the documents in the world, why was the Bitcoin whitepaper chosen? Is there a secret Bitcoin maxi working at Apple?" Baio asked. "Maybe it was just a convenient, lightweight multipage PDF for testing purposes, never meant to be seen by end users."\nThe discovery even prompted Craig Wright, who has long claimed to be Bitcoin\'s pseudonymous creator Satoshi Nakamoto, to suggest that Apple wasviolating his copyright. Wright had previously got a court order to force the website Bitcoin.org toremove a copy of the paperin 2021, but the websiterefused to comply.\nAccording to participants in Apple\'s Beta Software Program, upcoming version 13.4 of MacOS Ventura do not contain the file, nor the other elements with which it was initially bundled—a test driver for a virtual scanner to allow developers to work with the operating system\'s image capture module. The files were never intended to be discovered by average users, located in hidden system files.\nAlongside the Bitcoin whitepaper PDF was a photo of a sign at Treasure Island in San Francisco.\nBaio later said that a source inside Apple told him that the presence of the paper was filed as a developer work ticket last year and was assigned to the same person who initially placed the whitepaper in the system. At the time, however, the ticket hadn\'t been acted upon.\n"They’ve indicated it will likely be removed in future versions," Baio said.', 'A digital copy of the original Bitcoin whitepaper that had been hidden on Macintosh computers for more than five years is not part of an upcoming operating system update from Apple,AppleInsiderreportedTuesday.\nThe late discovery of the PDF document went viral three weeks ago, and it represented only the latest in along line of easter eggsthat Apple (or its employees, more likely) have planted over the last several decades. It seems to have gone unnoticed by Apple\'s millions of users until 2020, when designer Joshua Dickens posted about it to Twitter. Someone who read his poststarted a threadin Apple\'s support forums in April 2021.\nIt didn\'t garner much more attention, however, until noted technologist Andy Baiowrote about itlast month.\n"Of all the documents in the world, why was the Bitcoin whitepaper chosen? Is there a secret Bitcoin maxi working at Apple?" Baio asked. "Maybe it was just a convenient, lightweight multipage PDF for testing purposes, never meant to be seen by end users."\nThe discovery even prompted Craig Wright, who has long claimed to be Bitcoin\'s pseudonymous creator Satoshi Nakamoto, to suggest that Apple wasviolating his copyright. Wright had previously got a court order to force the website Bitcoin.org toremove a copy of the paperin 2021, but the websiterefused to comply.\nAccording to participants in Apple\'s Beta Software Program, upcoming version 13.4 of MacOS Ventura do not contain the file, nor the other elements with which it was initially bundled—a test driver for a virtual scanner to allow developers to work with the operating system\'s image capture module. The files were never intended to be discovered by average users, located in hidden system files.\nAlongside the Bitcoin whitepaper PDF was a photo of a sign at Treasure Island in San Francisco.\nBaio later said that a source inside Apple told him that the presence of the paper was filed as a developer work ticket last year and was assigned to the same person who initially placed the whitepaper in the system. At the time, however, the ticket hadn\'t been acted upon.\n"They’ve indicated it will likely be removed in future versions," Baio said.', 'A digital copy of the original Bitcoin whitepaper that had been hidden on Macintosh computers for more than five years is not part of an upcoming operating system update from Apple, AppleInsider reported Tuesday. The late discovery of the PDF document went viral three weeks ago, and it rep Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-04-26 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $560,919,901,500 - Hash Rate: 314795888.4508713 - Transaction Count: 436461.0 - Unique Addresses: 668682.0 Social & AI Sentiment: - Fear & Greed Index: 0.56 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: MicroStrategy acquired 6,555 Bitcoin for around US$150 million, at an average price of US$23,238 per coin, between Feb. 16 and March 23, said Michael Saylor, MicroStrategy’s co-founder and executive chairman. See related article:MicroStrategy’s share price hits 2-month high following Saylor reshuffle • The company holds around 138,955 worth of Bitcoin, acquired for some US$4.14 billion, at an average price of US$29,817 per Bitcoin, according to Saylor’sannouncementMonday. • MicroStrategy is the world’s largest corporate Bitcoin holder, followed by Marathon Digital Holdings that has an estimated 12,232 Bitcoin on its balance sheet, according toBitcoinTreasuries. • Saylor also added that his company repaid its US$205 million Bitcoin-collateralized loan to Silvergate bank in full, at a 22% discount. • Saylor stepped down from his role as CEOto become executive chairman last August, to focus more on the company’s “Bitcoin acquisition strategy and related Bitcoin advocacy initiatives.” • Microstrategy’s shares fell 0.21% during the day to trade at US$256,67 at 9:00 p.m. in Hong Kong. Its share price has risen 60% since the start of the year, while Bitcoin values strengthened 67% in the same period. See related article:Vitalik Buterin calls MicroStrategy’s Michael Saylor a ‘total clown’... - Reddit Posts (Sample): [['u/skymtf', 'Bryant Public Schools blocks multiple lgbt website', 205, '2023-04-26 01:44', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/', 'I heard from a high school senior about multiple domains being blocked, I went ahead and had them test and it appears most lgbt websites are blocked\n\n[HRC.org](https://HRC.org)\n\n[transhub.org](https://transhub.org)\n\n[https://www.glaad.org/](https://www.glaad.org/)\n\n[transequalitynetwork.com](https://transequalitynetwork.com)\n\n[transequality.org](https://transequality.org)\n\n[pflag.org](https://pflag.org)\n\n[transgendermap.com/](https://www.transgendermap.com/)\n\n[pinknews.com](https://pinknews.com)\n\n[pride.com](https://pride.com)\n\n[stonewall.org.uk](https://stonewall.org.uk)\n\n[gaycenter.org](https://gaycenter.org)\n\n[familyequality.org](https://familyequality.org)\n\n[lalgbtcenter.org](https://lalgbtcenter.org)\n\n[lgbt.usf.edu](https://lgbt.usf.edu)\n\n[socialjustice.rutgers.edu](https://socialjustice.rutgers.edu)\n\n[equaldex.com](https://equaldex.com)\n\n[mkelgbt.org](https://mkelgbt.org)\n\n[thecenterbak.org](https://thecenterbak.org)\n\n[lgbtq.gmu.edu](https://lgbtq.gmu.edu)\n\n[wearefamilycharlston.edu](https://wearefamilycharlston.edu)\n\n[wearefamilycharleston.org/](https://wearefamilycharleston.org/)\n\n[prismlgbtq.org](https://prismlgbtq.org)\n\n[lgbtqcenter.org](https://lgbtqcenter.org)\n\n//Liberal news sources\n\n[cnn.com](https://cnn.com)\n\n[vox.com](https://vox.com)\n\n[npr.com](https://npr.com)\n\n[https://www.ualrpublicradio.org/](https://www.ualrpublicradio.org/)\n\nMultiple right wings hate websites are not blocked including[https://www.heritage.org/](https://www.heritage.org/)\n\n[https://www.focusonthefamily.com/](https://www.focusonthefamily.com/)\n\n\n\nWill add more if more are found', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/', '12z035o', [['u/Ariintothewoods', 14, '2023-04-26 02:09', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhq10g5/', 'not defending them, but i have seen many sites be blocked for keywords, such as Sex and sexuality. At my school, they managed to block making tabs, google classroom, google drive, khan academy and more for a while before being unblocked after complaint. It may be malicious, but i just think they have a flagging system. \n\nI no longer have a school owned device to check if my school has the same restrictions, but i assume it would. have you check conservative news sources to see if their blocked?', '12z035o'], ['u/FOSpiders', 39, '2023-04-26 02:37', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhq4obd/', 'There are support and human rights related sites there. But of course the hate sites are still accessible. Wouldn\'t want the kiddos miss out on the lunatic conspiracy theories now, would we?\n\nIs CNN generally considered to be too centrist for the right down there to tolerate? It\'s hard for me to tell since being from outside America, CNN comes off as pretty tolerant of ridiculous Republican nonsense. Like John Oliver mentioned, a compromise between sense and nonsense is still nonsense. "It would be crazy to eat this entire bar of soap..."', '12z035o'], ['u/Radio_up', 24, '2023-04-26 02:50', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhq6f0o/', 'A college website was blocked and NPR was blocked???', '12z035o'], ['u/Miri5613', 18, '2023-04-26 02:59', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhq7i8x/', 'Didnt see fox on that list or church websites, nothing factual coming from those', '12z035o'], ['u/Miri5613', 12, '2023-04-26 03:00', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhq7paw/', 'Smells like a right wing troll.', '12z035o'], ['u/Specvmike', 13, '2023-04-26 03:06', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhq8ifx/', 'NPR? WTF? Did they listen to Musk and are treating them like state sponsored media?', '12z035o'], ['u/Thatguyxlii', 27, '2023-04-26 03:34', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhqc1wy/', 'I wonder if SPLCenter.org and aclu.org are also blocked. Or doctorswithoutborders.org, or other sites that care about human rights and equality, but they probably are. Probably adl.org as well. But I bet the sites for Christian hate groups like the Alliance Defending Freedom or the American Family Association or the Family Research Council are accessible.', '12z035o'], ['u/Thatguyxlii', 16, '2023-04-26 03:36', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhqcbil/', "CNN is kind of a joke anyways. Best place to go for news is associated press, reuters or PBS, but I bet they're blocked, too, as well as the BBC news.", '12z035o'], ['u/Thatguyxlii', 12, '2023-04-26 03:41', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhqcz82/', 'Focus on the Family is a Christian hate group and labelled as such by the SPLC (which is probably blocked).', '12z035o'], ['u/Smurgthemaster1234', 15, '2023-04-26 04:06', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhqgdk5/', "Yeah cause news sites couldn't possibly be needed for school work 🙄", '12z035o'], ['u/djk0010', 29, '2023-04-26 05:42', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhqrwee/', 'When I worked in IT at the school district, most of the Internet comes from the state, DIS specifically. And yes, just as others have stated a lot of key words are filtered by the states Internet. It’s not specifically the school district. Keywords get flagged, not much we can do about it especially since we require Internet and receive grant money from the state because in a lot of rural areas, a lot of schools can’t afford to pay millions of dollars to have decent Internet because of location and a variety of other determining factors and in a lot of those scenarios DIS provides some if not all of the bandwidth and we have to abide by their filtering rules. A lot of districts also use them as a Main and then if other ISPs are available they will have a redundant provider through Windstream or Ritter but we are still required to do filtering through the state. \n\nI’m not saying that it makes it right but the district has little to no control over it. Just want to make sure this is being viewed from all angles not just someone that took it upon themselves just to try to go to a bunch of websites and test the integrity of the firewall to see what’s blocked without knowing the IT side of it. I can’t tell you how many times I got sick and tired of having to send in unblock request to stuff that doesn’t need to be blocked, or why this is blocked and this other thing isn’t blocked.\n\nAlso, as a heads up, I wouldn’t recommend asking kids to go to some of these sites. Regardless, if they’re a senior or not and have them test to see what’s blocked, it will flag their account with a timestamp of the infraction and depending on who handles flagged request will get them into trouble and have their Internet privileges suspended. I know most of the time the phrase kids will be kids is usually the case but that’s not always the case. I doubt any of you want to spend your afternoon getting your kids Chromebook back from the principal because of some Reddit post lol. Because I promise you administration won’t care. They have a no tolerance policy and most of you with kids sign an acceptable use policy for the schools network to be granted access.', '12z035o'], ['u/skymtf', 16, '2023-04-26 06:08', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhqupyw/', "that sadly does not seem to be a the case given, I had them go a few anti trans sites, and didnt get blocked, (if it were keywords that would of gotten triggered), secondly that doesnt exactly explain CNN/NPR. unless some AI just went rouge and flagged a bunch of stuff I feel like it's filtered, also looking at their configs and how things are blocked, they are using a thrid party company for DNS filtering. Keep in mind I am unsure how exactly the flagging system works, or when exactly a domain is scanned, I'm guessing if it scans my website and blocks it than we will know. but for some reason I feel like this is more targeted", '12z035o'], ['u/skymtf', 10, '2023-04-26 06:11', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhquz8l/', 'fox news is also unblocked, I did not mention it since testing every single site would of taken forever, also I cannot directly experiment with it.', '12z035o'], ['u/Tanthiel', 12, '2023-04-26 06:59', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhqznph/', 'The righties consider CNN far left.', '12z035o'], ['u/Toklankitsune', 13, '2023-04-26 12:44', 'https://www.reddit.com/r/Arkansas/comments/12z035o/bryant_public_schools_blocks_multiple_lgbt_website/jhrotkf/', 'to be fair they see Biden as far left somehow too. the windows shifted that far towards fascism. Biden would pass as a Regan era republican.', '12z035o']]], ['u/fnetma', 'Microstrategy should use some of their 140,000 BTC and add liquidity to the lightning network...', 48, '2023-04-26 03:47', 'https://www.reddit.com/r/Bitcoin/comments/12z2upi/microstrategy_should_use_some_of_their_140000_btc/', 'I know they are building a suite of products/services for the lightning network but it would be nice 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: ['Join the most important conversation in crypto and web3! Secure your seat today AUSTIN, Texas — Crypto innovation and regulation can mesh, a quartet of high-profile executives agreed during a spirited panel discussion on potential changes to crypto markets at Consensus 2023 . BitGo CEO Mike Belshe, Kraken Managing Director North America Guy Hirsch, Cboe Digital President John Palmer and Cumberland DRW Global Head Chris Zuehlke noted that smart regulation stemming in no small part from the debacles of 2022 could benefit crypto by giving companies clearer guideposts and increasing public trust in the asset. "There\'s no reason why innovation and regulation have to be mutually exclusive" Zuehlke said, adding that the industry had already made significant progress in a short period. Read full coverage of Consensus 2023 here. The wide-ranging discussion came as the industry rebounds from a calamitous year when a number of major crypto-focused firms imploded and trust in digital assets waned. Regulators, particularly in the U.S., are now eyeing crypto to an unprecedented degree and some observers believe the scrutiny will hurt the industry\'s growth, or at least shift the balance of power outside the U.S. The panelists discussed new challenges for liquidity and prime brokerage, how custodial services will change, regulatory issues and requirements for exchanges to prove their reserves. The panelists noted industry anxieties about regulation\'s potential damping impact, but said the relationship between crypto firms and regulatory agencies must not be contentious. Palmer noted that Cboe Digital\'s conservative offerings, which once seemed a hindrance to adoption, have become a strength as investors search for safe, trusted vehicles to store their assets. Cboe Digital offers exchange and clearinghouse services for crypto spot and derivatives markets The Kraken exchange\'s Hirsch highlighted the need to protect client assets by creating environments where customers “can trust the venues” where they engage in digital asset transactions. The group also emphasized the need for separating assets but that notable crypto failures of 2022 were related to fraud more-so that structure. Story continues Hirsch said the challenges that befell the crypto industry in 2022, can provide an opportunity moving forward, specifically via proof-of-reserves accounting. He said that the cryptographic method allowing for verification of assets can be more reliable than audits in traditional finance. Zuehlke said that despite the crypto industry\'s 2022 woes, the banking industry\'s recent near meltdown and lingering concerns about its vulnerabilities prompted a migration to bitcoin (BTC) and other digital assets. "The cat\'s out of the bag. Bank deposits are risky in a way that people didn\'t understand," Zuehlke said. He added that bitcoin has grown more resilient, with price dislocations becoming less frequent and significant, despite recent contractions in liquidity.', 'Join the most important conversation in crypto and web3! Secure your seat today\nAUSTIN, Texas — Crypto innovation and regulation can mesh, a quartet of high-profile executives agreed during a spirited panel discussion on potential changes to crypto markets atConsensus 2023.\nBitGo CEO Mike Belshe, Kraken Managing Director North America Guy Hirsch, Cboe Digital President John Palmer and Cumberland DRW Global Head Chris Zuehlke noted that smart regulation stemming in no small part from the debacles of 2022 could benefit crypto by giving companies clearer guideposts and increasing public trust in the asset.\n"There\'s no reason why innovation and regulation have to be mutually exclusive" Zuehlke said, adding that the industry had already made significant progress in a short period.\nRead full coverage of Consensus 2023 here.\nThe wide-ranging discussion came as the industry rebounds from a calamitous year when a number of major crypto-focused firms imploded and trust in digital assets waned. Regulators, particularly in the U.S., are now eyeing crypto to an unprecedented degree and some observers believe the scrutiny will hurt the industry\'s growth, or at least shift the balance of power outside the U.S. The panelists discussed new challenges for liquidity and prime brokerage, how custodial services will change, regulatory issues and requirements for exchanges to prove their reserves.\nThe panelists noted industry anxieties about regulation\'s potential damping impact, but said the relationship between crypto firms and regulatory agencies must not be contentious.\nPalmer noted that Cboe Digital\'s conservative offerings, which once seemed a hindrance to adoption, have become a strength as investors search for safe, trusted vehicles to store their assets. Cboe Digital offers exchange and clearinghouse services for crypto spot and derivatives markets\nThe Kraken exchange\'s Hirsch highlighted the need to protect client assets by creating environments where customers “can trust the venues” where they engage in digital asset transactions. The group also emphasized the need for separating assets but that notable crypto failures of 2022 were related to fraud more-so that structure.\nHirsch said the challenges that befell the crypto industry in 2022, can provide an opportunity moving forward, specifically via proof-of-reserves accounting. He said that the cryptographic method allowing for verification of assets can be more reliable than audits in traditional finance.\nZuehlke said that despite the crypto industry\'s 2022 woes, the banking industry\'s recent near meltdown and lingering concerns about its vulnerabilities prompted a migration to bitcoin (BTC) and other digital assets.\n"The cat\'s out of the bag. Bank deposits are risky in a way that people didn\'t understand," Zuehlke said. He added that bitcoin has grown more resilient, with price dislocations becoming less frequent and significant, despite recent contractions in liquidity.', "Mad Lads is the biggest thing in NFTs right now, as the Solana profile picture (PFP) project overcame alleged extortion threats and DDOS attacks to mint out last week—and has generated over $15 million worth of trading volume since. It’s a bright spot for the Solana world after some rough months. Solana’s token and vibes were rocked by the collapse of exchange FTX and the downfall of close ally Sam Bankman-Fried in November. And then in December, the creator of Solana’s prominent NFT projects DeGods and y00ts announced that both would leave for other chains, which ultimately happened in March . Armani Ferrante, a longtime Solana developer and co-founder and CEO of Mad Lads creator Coral , told Decrypt this week that the chain’s community had “been in this very dark, very crazy kind of place” since the FTX collapse, and that it “had its soul-forging moment” in that span. ‘Honeypot Bitch’: How Mad Lads Tricked Bots Into Spending $250K on Fake NFTs Ferrante added that “NFTs are super important for the network,” and described the departure of DeLabs’ DeGods to Ethereum and y00ts to Polygon as creating a chasm in the community. “There was this void,” he explained, “where the heart and soul of the NFT space needed to kind of have a new heartbeat, basically.” In that sense, he chalked part of the buzzy Mad Lads response to coincidental timing, as the project was ready to launch just weeks after those projects effectively departed Solana. But Ferrante also credited the reputation and community goodwill that he and fellow Coral co-founder Tristan Yver had built up in the space over the years. Fock it. Mad Lad #2968 sold for 3420.69 SOL 💵 $74,742.08 USD Ξ 39.95 ETH \uea00 MadLadsNFT 🛒 https://t.co/NZ848PIoaz 🧾 https://t.co/IVzY1sCzcN pic.twitter.com/xiCUL03Gko — Mad Lads Sales Bot (@MadLads_Sales) April 26, 2023 “I think a lot of folks looked at us—and I'm just speculating here—as a credible team that can execute and that are good people, fundamentally, that care a lot about the ecosystem,” he said. Mad Lads also marked the first big drop tied to Backpack , an all-in-one wallet app from Coral that’s built around its Solana xNFT, or “executable NFT,” standard. Essentially, rather than use NFTs as an access pass to token-gated content on other platforms or websites, they can contain experiences and exclusive content that’s accessible through Backpack. Story continues The Mad Lads mint was the first big launch for Backpack, which was announced last June. For Mad Lads, Coral developed an in-app story experience that resembled “a collective boss battle” against the Mad King, almost like a raid in the hit online game World of Warcraft. It was part game, part social quest, and altogether a shared experience for NFT holders. “You don't have to worry about creating new websites for your user experience,” Ferrante said of xNFTs. “You just use the NFT, and this is an incredible opportunity for creators to build new stories and create a new meta where the artwork is no longer just a piece of artwork.” So WTF are xNFTS? pic.twitter.com/LGjvHh2JFx — Mad Armani 🎒 (@armaniferrante) June 20, 2022 “It's also a living, breathing piece of computer code that can do anything,” he added. Beyond self-contained games and other types of token-gated experiences for holders, Ferrante also sees potential for NFT project creators to “get leverage with marketplaces,” for example, trading potentially valuable screen “real estate” within their apps and pointing collectors to certain trading platforms. Backpack is available in a public beta on mobile and web right now, and while xNFTs are currently permissioned due to ongoing security audits, Ferrante said, the long-term goal is to open it up to the community for anyone to build on. “The intention is: once we're confident in the security,” he said, “we'll take the permissioning off.” Ferrante promised a wave of planned announcements ahead around Backpack, including Mad Lads-related content and experiences. And longer-term, Coral wants Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-04-27 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $561,387,401,269 - Hash Rate: 314795888.4508713 - Transaction Count: 418912.0 - Unique Addresses: 673213.0 Social & AI Sentiment: - Fear & Greed Index: 0.59 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Ecoark Holdings, Inc. LAS VEGAS, March 14, 2023 (GLOBE NEWSWIRE) -- Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“ Ault Alliance ” or “ Company ” ) and Ecoark Holdings, Inc. , to be renamed BitNile Metaverse Inc. (“ Ecoark ”) (Nasdaq: ZEST) announced today that in just 12 days from the launch of the early access version of its metaverse platform (“ Platform ”), BITNILE.COM has surpassed the milestone of 225,000 7-day active users. The Platform, which went live to the public on March 1, 2023, offers a preview of the foundational world and related activities. New features and functionality are continuing to be added weekly, including 3D immersive games, eCommerce, live streaming entertainment, and social networking. The Platform will have a tiered rewards system that incentivizes users to visit often and remain for longer durations. Advertisers are expected to benefit from the increased “stickiness” and innovative advertising models unique to the metaverse. The Platform is device-agnostic, enabling end-users to access the metaverse via a web browser on any modern device, including mobile phones, tablets, PCs, and VR headsets. Milton “Todd” Ault, III, the Executive Chairman of Ault Alliance, stated, “We are excited that BITNILE.COM has achieved this milestone of surpassing 225,000 active users and congratulate the BITNILE.COM team on their hard work to provide such a unique and engaging experience. We look forward to providing regular updates, so all our members and visitors have a guide on what is new and determine what they want to do next. In time, we look forward to providing a world that is limitless.” “The number of active users on BITNILE.COM in less than two weeks since launch supports our belief that if you make the metaverse more accessible, people will come,” said Douglas Gintz, President of BITNILE.COM, Inc. “Traditionally, the metaverse has been accessible only through VR headsets or downloaded apps. By taking a browser-first approach, we’ve removed a significant barrier to entry for consumers and businesses wishing to participate.” The Company encourages the public to use this link, https://bitnile.com , and experience first-hand the early access version of the Platform and subsequent updates. For more information on Ault Alliance and its subsidiaries, the Company recommends that stockholders, investors and any other interested parties read the Company’s public filings and press releases available under the Investor Relations section at www.ault.com or available at www.sec.gov . About Ault Alliance, Inc. Ault Alliance, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, Ault Alliance owns and operates a data center at which it mines Bitcoin and provides mission-critical products that support a diverse range of industries, including a metaverse platform, oil exploration, crane services, defense/aerospace, industrial, automotive, medical/biopharma, consumer electronics, hotel operations and textiles. In addition, Ault Alliance extends credit to select entrepreneurial businesses through a licensed lending subsidiary. Ault Alliance’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141; www.Ault.com . Story continues About Ecoark Holdings, Inc. (to be renamed BitNile Metaverse Inc.) Founded in 2011, Ecoark, soon to be renamed BitNile Metaverse, owns 100% of BitNile.com, Inc., including the BITNILE.COM metaverse platform. The Platform, which went live to the public on March 1, 2023, allows users to engage with a new social networking community and purchase both digital and physical products while playing 3D immersive games. In addition to BitNile.com, Inc., Ecoark also owns three non-core subsidiaries either directly or indirectly: approximately 66% of Wolf Energy Services Inc. (OTCQB: WOEN) indirectly, 100% of Zest Labs, Inc. directly and approximately 89% of Agora Digital Holdings Inc. directly. Ecoark also owns approximately 70% of White River Energy Corp (OTCQB: WTRV). Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and neither Ault Alliance nor Ecoark undertake any obligation to update any of these statements publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. In addition to risks relating to the continuation of high oil prices, the acceptance of the Platform by individuals, competition with much larger companies operating metaverses, Ecoark’s ability to raise capital, and state regulation of bitcoin mining, investors should review risk factors, that could affect either or both of the Ault Alliance’s and Ecoark’s respective businesses and financial results which are included in Ault Alliance’s and Ecoark’s respective filings with the U.S. Securities and Exchange Commission, including, but not limited to, their respective Forms 10-K, 10-Q and 8-K. All such filings are available at www.sec.gov and on the companies’ websites at www.Ault.com and www.ecoarkusa.com , respectively. Contacts Ault Alliance Investor Contact: [email protected] or 1-888-753-2235 Ecoark Holdings Investor Contact: [email protected] or 1-800-762-7293 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: ["Despite some recent struggles, New York Bitcoin miner Greenidge today announced it was emerging from hard times to expand operations through a partnership with Core Scientific.\nIn an announcement Thursday, the minersaidthat Core Scientific will host 6,914 of Greenidge’s mining rigs as part of a one-year partnership. Core Scientific is a miner with facilities in Dalton, Georgia, and Calvert City, Kentucky.\nGreenidge, which is based in Upstate New York, will also install an additional 1,500 company-owned miners at its existing facilities.\nAs recently as December, the minersaidit had “substantial doubt” about its capacity to continue as a business. By January, the company managed to ink a deal with NYDIG and B. Riley that reduced its corporate debt by $61 million. Prior to that, the company was consideringvoluntary bankruptcyin the midst of a relentless bear market. It hasn't helped either that Greenidge has become acontroversial company, drawing attention fromactivists and legislators who have criticized the miner for its environmental practices.\nAnd last year, the New York Department of Environmental Conservation (DEC) denied Greenidge’s air permit renewal, citing issues like its failure to prove “adequate GreenHouse Gas (GHG) mitigation measures.” The company's now challenging that denial in court.\nNow, with Thursday's announcement, the miner says it has turned a page. Chief Executive Officer of Greenidge Dave Anderson said in a release that the Core Scientific partnership “will significantly improve our profitability as we move forward.”\nBitcoin mining, whichinvolves using powerful computers to verify transactions on the blockchain, has been hit hard by the current bear market. The price of Bitcoin has tumbled a long way from its all-time high of $69,044, which it saw in November 2021. Since then, mining operations have struggled to make profit.\nMiners are usually big operations consisting of warehouses hosting expensive computer machinery. A number of operations have had to sell their Bitcoin rewards or close down completely.\nEditor's Note: This article was updated to clarify that Greenidge considered bankruptcy because of the bear market, not criticism from activists and or lawmakers, and that it is challenging the denial of air permit renewal.", "Despite some recent struggles, New York Bitcoin miner Greenidge today announced it was emerging from hard times to expand operations through a partnership with Core Scientific. In an announcement Thursday, the miner said that Core Scientific will host 6,914 of Greenidge’s mining rigs as part of a one-year partnership. Core Scientific is a miner with facilities in Dalton, Georgia, and Calvert City, Kentucky. Greenidge, which is based in Upstate New York, will also install an additional 1,500 company-owned miners at its existing facilities. As recently as December, the miner said it had “substantial doubt” about its capacity to continue as a business. By January, the company managed to ink a deal with NYDIG and B. Riley that reduced its corporate debt by $61 million. Prior to that, the company was considering voluntary bankruptcy in the midst of a relentless bear market. It hasn't helped either that Greenidge has become a controversial company , drawing attention from activists and legislators who have criticized the miner for its environmental practices. And last year, the New York Department of Environmental Conservation (DEC) denied Greenidge’s air permit renewal, citing issues like its failure to prove “adequate GreenHouse Gas (GHG) mitigation measures.” The company's now challenging that denial in court. What the Next Level of Bitcoin Mining Difficulty Will Bring Now, with Thursday's announcement, the miner says it has turned a page. Chief Executive Officer of Greenidge Dave Anderson said in a release that the Core Scientific partnership “will significantly improve our profitability as we move forward.” Bitcoin mining , which involves using powerful computers to verify transactions on the blockchain, has been hit hard by the current bear market. The price of Bitcoin has tumbled a long way from its all-time high of $69,044, which it saw in November 2021. Since then, mining operations have struggled to make profit. Miners are usually big operations consisting of warehouses hosting expensive computer machinery. A number of operations have had to sell their Bitcoin rewards or close down completely. Editor's Note: This article was updated to clarify that Greenidge considered bankruptcy because of the bear market, not criticism from activists and or lawmakers, and that it is challenging the denial of air permit renewal.", "Despite some recent struggles, New York Bitcoin miner Greenidge today announced it was emerging from hard times to expand operations through a partnership with Core Scientific.\nIn an announcement Thursday, the minersaidthat Core Scientific will host 6,914 of Greenidge’s mining rigs as part of a one-year partnership. Core Scientific is a miner with facilities in Dalton, Georgia, and Calvert City, Kentucky.\nGreenidge, which is based in Upstate New York, will also install an additional 1,500 company-owned miners at its existing facilities.\nAs recently as December, the minersaidit had “substantial doubt” about its capacity to continue as a business. By January, the company managed to ink a deal with NYDIG and B. Riley that reduced its corporate debt by $61 million. Prior to that, the company was consideringvoluntary bankruptcyin the midst of a relentless bear market. It hasn't helped either that Greenidge has become acontroversial company, drawing attention fromactivists and legislators who have criticized the miner for its environmental practices.\nAnd last year, the New York Department of Environmental Conservation (DEC) denied Greenidge’s air permit renewal, citing issues like its failure to prove “adequate GreenHouse Gas (GHG) mitigation measures.” The company's now challenging that denial in court.\nNow, with Thursday's announcement, the miner says it has turned a page. Chief Executive Officer of Greenidge Dave Anderson said in a release that the Core Scientific partnership “will significantly improve our profitability as we move forward.”\nBitcoin mining, whichinvolves using powerful computers to verify transactions on the blockchain, has been hit hard by the current bear market. The price of Bitcoin has tumbled a long way from its all-time high of $69,044, which it saw in November 2021. Since then, mining operations have struggled to make profit.\nMiners are usually big operations consisting of warehouses hosting expensive computer machinery. A number of operations have had to sell their Bitcoin rewards or close down completely.\nEditor's Note: This article was updated to clarify that Greenidge considered bankruptcy because of the bear market, not criticism from activists and or lawmakers, and that it is challenging the denial of air permit renewal.", 'Join the most important conversation in crypto and web3! Secure your seat today Good morning. Here’s what’s happening: Prices: Bitcoin steadies itself comfortably above $29K. One analyst says that investors are now looking for assets that retain their value. Insights: Captain Kirk drops his first NFT collection and speaks boldly about crypto\'s potential in a Consensus 2023 discussion. Prices CoinDesk Market Index (CMI) 1,252 +17.3 ▲ 1.4% Bitcoin (BTC) $29,553 +709.8 ▲ 2.5% Ethereum (ETH) $1,912 +15.5 ▲ 0.8% S&P 500 4,135.35 +79.4 ▲ 2.0% Gold $1,998 +7.7 ▲ 0.4% Nikkei 225 28,457.68 +41.2 ▲ 0.1% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,252 +17.3 ▲ 1.4% Bitcoin (BTC) $29,553 +709.8 ▲ 2.5% Ethereum (ETH) $1,912 +15.5 ▲ 0.8% S&P 500 4,135.35 +79.4 ▲ 2.0% Gold $1,998 +7.7 ▲ 0.4% Nikkei 225 28,457.68 +41.2 ▲ 0.1% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Bitcoin Holds Above $29K; Ether Rises Over $1.9K Bitcoin set aside its concerns about renewed banking unrest and slowing U.S. economic growth to hold comfortably above $29,000 throughout U.S. trading hours on Thursday. The largest cryptocurrency by market capitalization was recently trading at about $29,500, up roughly 2.2% over the past 24 hours. BTC topped $30,000 at one point, near its earlier week highs but still well off its April peak close to $31,000. Still, investors seem to have forgotten Wednesday\'s dramatic seesawing when the crypto dipped to around $27,200 amid a mass liquidation of short and long positions and separate unfounded rumors of bitcoin sales – by the U.S. government and of crypto from failed exchange Mt. Gox – before rebounding. Since spiking approximately 40% in January, bitcoin and other cryptos have been stubbornly resistant to industry mishaps and wider macroeconomic uncertainty. "The operative word here is resilience," said Michael Sonnenshein, CEO at crypto asset management company Grayscale Investments, told CoinDesk TV on the opening day of the Consensus 2023 conference in Austin, Texas. "Despite recent setbacks whether it be trust or certain businesses that were once integral to crypto that are no longer around, what we\'re seeing is resilience." Story continues Sonnenshein added: "It\'s really encouraging time and again as this industry gets challenged, it demonstrates its strengths and comes out stronger." Grayscale and CoinDesk share the same parent company, Digital Currency Group. Ether was recently trading above $1,910, up about 0.8% from Wednesday, same time. Other major cryptocurrencies were recently up marginally little more than 36 hours after they had fallen well into the red. The CoinDesk Market Index , a measure of crypto markets performance, recently climbed 0.8%. U.S. equity markets rose as surprisingly strong earnings from tech giants Microsoft, Google parent Alphabet and, most recently Meta Platforms, trumped concerns about unexpectedly sluggish 1.1% growth in first-quarter GDP and the struggles of regional b Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-04-28 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $570,507,906,719 - Hash Rate: 355961504.6329083 - Transaction Count: 483522.0 - Unique Addresses: 725813.0 Social & AI Sentiment: - Fear & Greed Index: 0.64 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Join the most important conversation in crypto and web3! Secure your seat today Tokens issued by perpetual futures-focuseddecentralized exchange(DEX) Kwenta Protocol have outperformed the broader crypto market in the past week as traders have moved to decentralized platforms to generate relatively risk-free returns from direction-neutral strategies. The DEX's native token (KWENTA) surged to over $670 on Wednesday, rising from under $250 in mid-February to reach a market capitalization of more than $150 million at yesterday’s peak price. Bitcoin fell 5% over the same period, according to CoinGecko. KWENTA is used to incentivize the growth of the Kwentadecentralized autonomous organization(DAO) and has two primary functions – staking and platform governance. Trading volumes for the token have grown steadily in the past few weeks to nearly $50 million from just $3 million at the start of this year,statistics show, contributing to $880 million in lifetime volumes since the platform’s early 2021 launch. Kwenta works in tandem with Synthetix, a popular DEX that offers crypto, equity, and forex futures to traders. On Kwenta, Synthetix stakers take the other side of every trade. Funding rates attract traders on each side, balancing the skew. DEXs rely on smart contracts instead of middlemen to process trades. DEX traders have found a way to profit from perpetual futures funding arbitrage opportunities by utilizing the spread in funding rates between perpetual futures on different exchanges. By taking bullish long and bearish short positions on the futures contract and the underlying asset, traders can capitalize on the difference in funding rates between the two markets. For example, at writing time on Thursday, bitcoin (BTC) perpetual futures on Kwenta have an hourly funding rate of -0.001935%, giving a daily rate of -0.04% pocketed by short position holders. The daily yield on such a position at a 25x leverage – the highest offered by Kwenta – is close to 1%. On dYdX, another DEX, thefunding rate for bitcoin is 0.000164%, meaning it is paying 0.003% daily to traders who hold BTC perpetual futures on the platform. The difference between funding rates can be exploited with the help of a market-neutral strategy. A trader can place a bearish short position on Kwenta and collect the funding rate of 0.04% per day and simultaneously take a long position on dYdX and pay the funding rate of 0.003% per day. That way, the trader can safely pocket the difference in funding rates while bypassing market volatility. “As there is a difference between the funding rates, the trader profits from the difference after all fees,” according toSynthetix documents. Funding is similar to an interest payment. It is a set percentage of one’s position size that traders either pay, or get paid, at regular intervals. If funding is positive, longs pay shorts, and if funding is negative, shorts pay longs. Funding rates are used to adjust the price of the contract over time to keep it in line with the price of the underlying asset. Just as traders pay funding, those on the opposite side of the trade collect funding, based on market demand. This can boost profit and loss on directional positions, or be used as part of a more complex strategy. However, funding reduces the profitability of a trade, and increases risk of liquidation. For example, hourly funding of 0.01% is about 87% annualized, Kwenta’s technical documents show. Traders can utilize funding rates to create their own strategies, such as basis trading and funding rate arbitrage. These common strategies are known as Delta Neutral, where short and long exposure is balanced and returns are made regardless of market direction.... - Reddit Posts (Sample): [['u/OrsaMinore2010', 'Steelman against crypto in general, video format.', 26, '2023-04-28 01:01', 'https://www.reddit.com/r/ergonauts/comments/131admo/steelman_against_crypto_in_general_video_format/', "Here is a video by a guy named James Jani, which does a pretty good job of explaining and criticizing cryptocurrencies, tokens, nft's, and web 3, as well as bitcoin itself.\n\n[https://www.youtube.com/watch?v=ORdWE\\_ffirg](https://www.youtube.com/watch?v=ORdWE_ffirg)\n\nI think it is very well done, though I obviously don't agree with all the conclusions.\n\nI'm sure this post would be immediately stricken from r/cc, but here I might get away with posting it and asking for you to acknowledge what we're up against with Gensler, the SEC, the Biden administration, and the general public (in addition to the r/buttcoin crowd.\n\nTL;DW in the comments.", 'https://www.reddit.com/r/ergonauts/comments/131admo/steelman_against_crypto_in_general_video_format/', '131admo', [['u/ErwinDurzo', 13, '2023-04-28 02:48', 'https://www.reddit.com/r/ergonauts/comments/131admo/steelman_against_crypto_in_general_video_format/jhzs6ha/', "You can also make a compelling argument that western civilization as a whole is bound for a huge shift and that central banking and thus the fiat system itself is flawed, we could go on for days down this rabbit hole, I'm sure most of us have done so at some point.\n\nIf you read authors that follow the Austrian school of economics for instance, the logical conclusion is pretty much what I just said, and there are hundreds of well thought-out, internally sound books on the subject, and they not only explain currency crashes of the past but also predict a few of the crises we've gone through decades after such predictions were made, which is a hallmark of a good theory of reality\n\nThis is not a black and white subject, we have competing theories successfully explain a lot of things that have happened to currencies and societies so far, the only way to gather more evidence on whether or not we're right is to make predictions using our mental model and then, many years later, find out whether those predictions turned out to be true.\n\nAnyway, in this grey mess the reason I choose to side with crypto ( especially bitcoin and later with ergo ) is because I believe that individual sovereignty tends to lead to more prosper outcomes, which has usually been the case throughout history. Thus, due to something akin to an economic darwinism, systems that highlight this level of personal freedom will prosper eventually, even if it takes a black swam event that destroys the more fragile ones and instead of hurting, \\helps\\ crypto.\n\nI haven't addressed his bullet points specifically because I think finding the truth through that lens is not a computable problem, society is simply too complex - maybe an ASI could do it -, we need instead to focus on what the incentives are and make a high level prediction about what these systems tend to converge to given enough entropy and time, and then we'll know which mental models of reality are better, because the best one will make the best predictions.", '131admo']]], ['u/wpeironnet', 'First Republic Bank Run Scare Pumping Bitcoin Will Not Be the Last Bank Run Scare to Effect the Markets.', 49, '2023-04-28 01:51', 'https://www.reddit.com/r/CryptoCurrency/comments/131bloq/first_republic_bank_run_scare_pumping_bitcoin/', 'Over the last couple days we have all seen the articles about First Republic Bank possibly going under due to bank runs and mismanagement of assets. \n\nFirst Republic is the 18th largest banks in the US. Ranked 18 in the entire USA, that is massive. \n\nThis should be giving us a taste of what is to come. You can be certain that other large banks are being effected as while as plenty of smaller banks with smaller assets.\n\nThe next fed meeting is likely to increase rates once again which is putting on further pressure and the more fear of bank runs being published makes it more likely to grow the issue. For these reasons I suspect more bank runs to come.\n\nWhen banks fail gold’s price goes. Bitcoin is the hold of crypto which holds value. As we’ve seen with FRB Bitcoins price is pumping as people become fearful of banks and with possibly more fear to come I suspect Bitcoins price may continue raising.\n\nThis is all just food for thought you’re gonna wanna keep a sharp eye on the fed meetings, banks earnings, and price actions for BTC. Exciting and scary times.', 'https://www.reddit.com/r/CryptoCurrency/comments/131bloq/first_republic_bank_run_scare_pumping_bitcoin/', '131bloq', [['u/jorneyp', 17, '2023-04-28 01:55', 'https://www.reddit.com/r/CryptoCurrency/comments/131bloq/first_republic_bank_run_scare_pumping_bitcoin/jhzl3yi/', 'We really don’t want all the banks to collapse …it will chaos', '131bloq'], ['u/jhung713', 10, '2023-04-28 01:55', 'https://www.reddit.com/r/CryptoCurrency/comments/131bloq/first_republic_bank_run_scare_pumping_bitcoin/jhzl5z3/', 'TLDR: buy more bitcoin.', '131bloq']]], ['u/Significant_Room4148', 'When you buy Bitcoin, who gets your payment?', 100, '2023-04-28 03:26', 'https://www.reddit.com/r/Bitcoin/comments/131dqe4/when_you_buy_bitcoin_who_gets_your_payment/', 'Where does my money go? Who receives it?', 'https://www.reddit.com/r/Bitcoin/comments/131dqe4/when_you_buy_bitcoin_who_gets_your_payment/', '131dqe4', [['u/Tipyapha', 105, '2023-04-28 03:37', 'https://www.reddit.com/r/Bitcoin/comments/131dqe4/when_you_buy_bitcoin_who_gets_your_payment/jhzz5w7/', 'Bitcoin CEO', '131dqe4'], ['u/sciencetaco', 22, '2023-04-28 03:59', 'https://www.reddit.com/r/Bitcoin/comments/131dqe4/when_you_buy_bitcoin_who_gets_your_payment/ji02c3q/', "When you buy milk or bread...who gets it?\n\nThe person selling it to you.\n\nIf you're buying on an exchange, then it's going to the other person/people who placed sell orders at that price point. Exchanges match buyers and sellers.", '131dqe4'], ['u/technotrader', 47, '2023-04-28 04:09', 'https://www.reddit.com/r/Bitcoin/comments/131dqe4/when_you_buy_bitcoin_who_gets_your_payment/ji03rdm/', 'Most of it goes to the person who sold you the Bitcoin. In case of exchanges, they - as the middle man - skim a little bit from the both of you.', '131dqe4'], ['u/jonesmatty', 336, '2023-04-28 05:03', 'https://www.reddit.com/r/Bitcoin/comments/131dqe4/when_you_buy_bitcoin_who_gets_your_payment/ji0ayg7/', "While this may seem like a stupid question to many people on the sub, it isn't wise to mock people that don't understand how exchanges work. If you want Bitcoin for all, you need to make allowances for people that do not understand how money works. This includes how exchanges and trading work in general. \n\nTo the OP, the person that gets the dollars or euros or whatever currency your trading for Bitcoin is the person that is selling it to you minus a small transaction fee paid to the intermediary such as the exchange.", '131dqe4'], ['u/Secret_Fox_5192', 16, '2023-04-28 05:14', 'https://www.reddit.com/r/Bitcoin/comments/131dqe4/when_you_buy_bitcoin_who_gets_your_payment/ji0c7zl/', 'That’s a scammer. His real name is Bitoshi Nutamoto.', '131dqe4'], ['u/Steal-Rain', 42, '2023-04-28 05:40', 'https://www.reddit.com/r/Bitcoin/comments/131dqe4/when_you_buy_bitcoin_who_gets_your_payment/ji0fat0/', "I think the concern is how did they get the Bitcoin for them to buy it, and how do we know it's real Bitcoin.\n\n This question was presented to me and I couldnt answer it. Because all they understood was you have to mine bitcoin to receive it as a reward. \n\nAnd that's all i could bridge for them. They have a pool where the bitcoin they mine is sold and traded for currency.", '131dqe4'], ['u/Significant_Room4148', 56, '2023-04-28 05:48', 'https://www.reddit.com/r/Bitcoin/comments/131dqe4/when_you_buy_bitcoin_who_gets_your_payment/ji0g6jj/', 'Ya that’s what I’m trying to ask. Forgive my ignorance I am not very formally educated due to religious reasons', '131dqe4'], ['u/JeremyBF', 27, '2023-04-28 06:16', 'https://www.reddit.com/r/Bitcoin/comments/131dqe4/when_you_buy_bitcoin_who_gets_your_payment/ji0j5xo/', "At the very start the only way to get BTC was to mine, this could be done using a standard home computer at the time. It wasn't until several years later that exchanges were set up to allow buying and selling.", '131dqe4'], ['u/WorldSpark', 42, '2023-04-28 09:12', 'https://www.reddit.com/r/Bitcoin/comments/131dqe4/when_you_buy_bitcoin_who_gets_your_payment/ji0xy05/', 'To start with - you pay exchange your $ and they give you bitcoin - from where did this exchange got that bitcoin, if that is the question then FYI - bitcoin is mined (produced) every 10 minutes (6.25 btc every 10 minutes) by a process called mining. The person who does mining deployed computer hardware and electricity to run the mining process, this is hardware intensive and costly. As soon as a bitcoin is mined (produced ) it is registered on a ledger called blockchain. To get return on its investment he sells the bitcoin to whoever wants to buy. This selling and buying is facilitated by crypto exchanges who charges little fee for the transaction. \n\nNow when you buy, you pay the money to exchange who will in-turn pay this money $ to bitcoin miner who has produced it in the first place. \n\nFurther more - the mining (producing ) bitcoin is done by running bitcoin code - the code is available for anyone to download and run. Those people running the code are competing among themselves to get the newly to be produced bitcoin as only 6.25 btc will be produced. The more hardware you deploy the more chances you have to get that newly mined bitcoins. \n\nThis 6.25 btc started at 50 btc in 2009, and it gets halved every 4 years . In 2024 this will be reduced to 3.125 bitcoin roughly every 10 minutes. Which will further half in 2028. \n\nWho decided all this - the person/group/organization/entity who wrote bitcoin code (computer program). He/she is unknow... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['While I had a Creative Commons Zero PFP for some time (an Mfer) pictured here:\nI sold and inscribed it on a satoshi (a millionth of a Bitcoin) and under 100,000 inscription number (#75499). Since ordinals theory uses sequential numbers, the lower the number, the more coveted, so I sold my Mfer on Ether and used the funds to inscribe the same image with a slight modification on Bitcoin using thegamma.iomarketplace at the time.\nI could have done this because Mfers are on aCC0 licenseand that means I have the right to use the image in any way that I want because the creator of the art waived all copyright protections on the art and put it in the public domain. In fact, allMfersare CC0 so I don’t even need to own the non-fungible tokens (NFT) to be able to use any image in the entire collection. So, in theory, I could right-click and save any image in the collection and use it however I’d like. I could put one of the rarest ones on a T-shirt and sell it if I wanted.\nThe creator of Mfers (Sartoshi) did this to propagate the art into the mind space of everyone and anyone who wanted to experiment with the brand. In this small world we live in, the corner of NFTs, having your brand multiply and grow is a genius move, in my opinion. The number of derivative collections using Mfer art exploded as a result.Creyziesis the “official” derivative, but there are at least 20 more.\xa0 This is especially so if the art is simple and iconic because it gives other creative people in the space a canvas on which to use that art to build.\nOn the other hand, CryptoPunks, Bored Apes, Nakamigos, and Wonderpals have a commercial IP license which means ONLY the owner of the NFT can use the art associated with the NFT they own. They can sell items commercially or use the image to represent their brand.\nAs a CMO, I get why this is important. However, it only works for the winners in the PFP space. For every 1000 PFPs with commercial licenses on the art, maybe only 5 are recognizable, coveted, and brandable as a viable commercial opportunity with mass appeal.\nThe ones that make this top 5, even top 10, have very exciting futures. For example, Wonderpals hired a company whose strength is creating internationally appealing household name brands and here’s a screenshot of an announcement in their Discord.\nHow can that not be exciting for the NFT holder?\nThe latest Nakamigos collection went out of its way to include the CC0 native Mfer community in their mint but made it a point in their marketing to assert that commercial rights for the holder are intact.\nI’ve also seenBored Apesuse their apes commercially as well. As a coffee brand, consulting business, and even afast food franchise.\nIf the Web3 community is creating the brands that the future generation will trust and interact with, and eventually purchase from, then these silly PFPs which we thought of as a waste of time, are potentially valuable and exciting to own.\nThe PFP communities of the winning brands all of a sudden become a decentrally minded hybrid company, if they leverage and shepherd their brand the right way.\nTo me that’s exciting, and I have a feeling that others are feeling the same.\nHave a great weekend and touch grass…\nIt’s Spring and it’s glorious!\n(The writer of this commentary owns several Wonderpals and Nakamigos NFTs)', 'While I had a Creative Commons Zero PFP for some time (an Mfer) pictured here: Screenshot of Mfer NFT I sold and inscribed it on a satoshi (a millionth of a Bitcoin) and under 100,000 inscription number (#75499). Since ordinals theory uses sequential numbers, the lower the number, the more coveted, so I sold my Mfer on Ether and used the funds to inscribe the same image with a slight modification on Bitcoin using the gamma.io marketplace at the time. I could have done this because Mfers are on a CC0 license and that means I have the right to use the image in any way that I want because the creator of the art waived all copyright protections on the art and put it in the public domain. In fact, all Mfers are CC0 so I don’t even need to own the non-fungible tokens (NFT) to be able to use any image in the entire collection. So, in theory, I could right-click and save any image in the collection and use it however I’d like. I could put one of the rarest ones on a T-shirt and sell it if I wanted. The creator of Mfers (Sartoshi) did this to propagate the art into the mind space of everyone and anyone who wanted to experiment with the brand. In this small world we live in, the corner of NFTs, having your brand multiply and grow is a genius move, in my opinion. The number of derivative collections using Mfer art exploded as a result. Creyzies is the “official” derivative, but there are at least 20 more.\xa0 This is especially so if the art is simple and iconic because it gives other creative people in the space a canvas on which to use that art to build. On the other hand, CryptoPunks, Bored Apes, Nakamigos, and Wonderpals have a commercial IP license which means ONLY the owner of the NFT can use the art associated with the NFT they own. They can sell items commercially or use the image to represent their brand. As a CMO, I get why this is important. However, it only works for the winners in the PFP space. For every 1000 PFPs with commercial licenses on the art, maybe only 5 are recognizable, coveted, and brandable as a viable commercial opportunity with mass appeal. Story continues The ones that make this top 5, even top 10, have very exciting futures. For example, Wonderpals hired a company whose strength is creating internationally appealing household name brands and here’s a screenshot of an announcement in their Discord. Screenshot of announcement in at Wonderpals Discord channel. How can that not be exciting for the NFT holder? The latest Nakamigos collection went out of its way to include the CC0 native Mfer community in their mint but made it a point in their marketing to assert that commercial rights for the holder are intact. Image: Nakamigos I’ve also seen Bored Apes use their apes commercially as well. As a coffee brand, consulting business, and even a fast food franchise . If the Web3 community is creating the brands that the future generation will trust and interact with, and eventually purchase from, then these silly PFPs which we thought of as a waste of time, are potentially valuable and exciting to own. The PFP communities of the winning brands all of a sudden become a decentrally minded hybrid company, if they leverage and shepherd their brand the right way. To me that’s exciting, and I have a feeling that others are feeling the same. Have a great weekend and touch grass… It’s Spring and it’s glorious! (The writer of this commentary owns several Wonderpals and Nakamigos NFTs)', '• US stocks rose on Friday, boosted by a streak of strong earnings reports.\n• 79% of S&P 500 companies that reported earnings have beated estimates, according to FactSet.\n• Investors digested fresh bank weakness amid reports that First Republic is headed for FDIC receivership.\nUS stocks gained on Friday with the Dow Jones Industrial Average wrapping up its best month since January as first quarter earnings surprise to the upside, helping investors sidestep fresh concerns about the banking sector.\nAll three major indexes ended the day in the green, with the Dow locking in a gain of 2.5% for the month of April.\nSo far, more than half of all companies in the S&P 500 have reported their financials for the first quarter, with 79% of companies that have reported earnings beating estimates, according to data fromFactSet.\nInvestors were hit with a new bout of banking sector worries Friday as reports said that First Republic Bank is likely headed for a takeover by the Federal Deposit Insurance Corporation.First Republic shares tanked as much as 52%during the session.\nHere\'s where US indexes stood at the 4:00 p.m. ET close on Friday:\n• S&P 500:4,169.58, up 0.83%\n• Dow Jones Industrial Average:34,098.95, up 0.81% (272.79 points)\n• Nasdaq Composite:12,226.58, up 0.69%\nData on Friday also showed the Personal Consumption Expenditures index, the Fed\'s preferred measure of inflation, rose just 0.1% over the past month. Meanwhile, the Employment Cost Index rose 1.2% over the past quarter, a sign that inflation\'s presence is still being felt in the economy.\n"The case for another Fed rate hike next week has been solidified by today\'s Employment Cost Index and Personal Consumption Expenditure reports showing ongoing cost pressures," Lazard\'s chief market strategist Ron Temple said in a note. "Taken alongside the solid domestic demand in yesterday\'s GDP report, it\'s clear that the US economy remains resilient in the face of tightening to date, implying that the Fed\'s job is not yet complete."\nInvestors are now pricing in an 88% chance that the Fed will hike interest rates another 25 basis-points at next week\'s meeting of the Federal Open Market Committee, according to theCME FedWatch tool.\nHere\'s what else is happening:\n• This highly-watched recession indicatorsays that an economic downturn will begin this quarter, Bank of America said.\n• "Dr. Doom" economist Nouriel Roubiniwarned that a hard landing recession or entrenched inflation are the only possible outcomes for the US economy.\n• "Shark Tank" investor Kevin O\'Leary blew off concerns of de-dollarization, adding that he wouldn\'t accept the Chinese yuan in business transactions.\n• Tight housing inventory is preventing home prices from fallingfurther, Redfin said.\n• Russia\'s economy has little to offer China, and their growing trade ties are more modest than it appears, according to one analyst.\n• There are four issues that will determine the path of the global economy, top economist Mohamed El-Erian said.\nIn commodities, bonds and crypto:\n• West Texas Intermediate crudeoil rose 2.59% to $76.69 per barrel.Brent crude, oil\'s international benchmark, climbed 1.4% to $79.51 a barrel.\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: 2023-04-29 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $569,155,886,250 - Hash Rate: 331746436.2905336 - Transaction Count: 486031.0 - Unique Addresses: 628996.0 Social & AI Sentiment: - Fear & Greed Index: 0.64 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Shares of troubled lender Silvergate (SI) fell 57% on Thursday after thecompany said late Wednesdayit will miss a March 16 deadline to file its already-delayed annual report. The bank said its team "requires additional time to perform analysis, record journal entries related to subsequent events and to complete management’s evaluation of internal controls over financial reporting." "The Company is currently analyzing certain regulatory and other inquiries and investigations that are pending with respect to the Company," the company added. Silvergate shares have collapsed over the last year as the company's entanglements with several crypto firms — including bankrupt exchange FTX, among others —resulted in deposits fallingby more than two-thirds in the fourth quarter of last year. In January, the company laid off 40% of its staff. The company later suspended adividend paid on preferred sharesas it sought to shore up cash. Over the last year, shares of the bank have lost more than 95%. A spokesperson for Silvergate told Yahoo Finance: "Silvergate is working diligently to file its 10-K as soon as possible and has no further comment at this time." In Wednesday's notice, the bank said it sold additional debt securities beyond what was previously anticipated in January and February and it expects to record further losses than what was previously disclosed. In January, the companydisclosedit took $887 million worth of non-interest losses in the fourth quarter. The sales are primarily to repay "outstanding advances" it received from the Federal Home Loan Bank of San Francisco, Silvergate said. The bank also needs additional time to complete an "evaluation of the effectiveness of its internal controls over financial reporting" being conducted by its third party accounting firm. Citing business and regulatory challenges, the company is weighing how much the changes might affect its "ability to continue as a going concern for the twelve months following the issuance of these financial statements," according to the filing. In late January, abi-partisan group of U.S. Senatorspressed the company to provide answers over whether it was aware its clients FTX misused customer funds. A Reutersreportin February said a Silvergate account controlled by Binance.US moved millions of dollars to a company controlled by Binance CEO Changpeng Zhao. Last week in a jointstatementwith the Federal Deposit and Insurance Corporation (FDIC) and Office of the Comptroller of the Currency (OCC), the Federal Reserve made a point to highlight the heightened liquidity risks for banks taking on crypto-related clients. As for its own risks, Silvergate cited “heightened regulatory scrutiny of banking institutions that provide products and services to the digital asset industry," private litigation, and investigations from congressional inquiries, banking regulators and the Justice Department. Analysts at JPMorgan downgraded the stock to Underweight from Neutral and withdrew their its price target in a note out Thursday, calling the situation "highly unusual" and adding: "The 'run' experienced at Silvergate appears to have been driven by a combination of (1) trust in the overall system being shaken given the collapse of previously trusted players (such as FTX) and (2) short-sellers voicing concerns (primarily on Twitter)." 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: ['Bitcoiners are eying up crypto held by the feds. On Wednesday, the price of Bitcoin took a sharp nosedive— plunging 7% in an hour. It took most of the crypto market with it, too. The dip came shortly before erroneous reports claimed blockchain analytics firm Arkham had said wallets linked to defunct crypto exchange Mt. Gox and the U.S. government had moved large amounts of Bitcoin. It turned out to be a false alarm as a result of the DB Newswire account on Twitter mislabelling wallets on Arkham\'s platform, the company later said in a statement. But it led some to believe that the dip in prices came because the government started dumping large amounts of Bitcoin into the market. Today we fixed a bug related to Bitcoin alerts that caused us to no longer under-send alerts to a small subset of user’s private labels. This was one of them. This fix won’t affect any additional users, and was unrelated to labels generated by Arkham — we understand the impact… https://t.co/VqbX04J2bM — Arkham (@ArkhamIntel) April 26, 2023 But the fact remains that the government-owned Bitcoin and Mt. Gox coins are intriguing to investors: On Thursday, another blockchain analytics firm, Glassnode, said that the American government and the Mt. Gox trustee hold 205,514 and 137,890 Bitcoins respectively (over $10 billion in crypto)—and advised investors to keep an eye on the funds. This is because when such large amounts of Bitcoin get transferred, it\'s market moving, according to experts. But first, why does the U.S. government hold Bitcoin? And what’s Mt. Gox? The Department of Justice last year seized more than $3 billion worth of Bitcoin affiliated with the dark net marketplace Silk Road. They then sold a huge chunk of it—and said they plan to sell more. Mt. Gox, on the other hand, was a popular Bitcoin exchange that was forced to shut down eight years ago after a crippling hack. Once one of the biggest exchanges in the world, it closed in 2014 after losing 850,000 Bitcoins (today worth $24.9 billion) in the massive exploit . Story continues According to our data, the US government and the Mt. Gox trustee hold 205,514 and 137,890 #BTC , respectively. Monitor their balances and set alerts for coin movements in Studio. US government chart: https://t.co/cfQFqSfN0m Mt. Gox trustee chart: https://t.co/3YxvDTGGyq pic.twitter.com/MhCiSiLfqx — glassnode (@glassnode) April 27, 2023 Investors who lost their funds are still waiting to get it back from a trustee. Christoph Ono, a contributor at open source Bitcoin resource Bitcoin Design, told Decrypt that the intrigue is all centered around risk. He said: “Will the US government hold on to those Bitcoin forever? Or sell them off? If so, will they do it in a manner that reduces impact on the market or just dump in one go? Or auction them off? Who knows.” The fascination with watching the wallets where Mt. Gox funds are being held is similar, he added. “I believe Mt. Gox is somewhat similar in that there are various unknowns," Ono said. "At some point the coins will be released into the wild but no one really knows when and how.” While Glassnode lead analyst James Check said that big investors may be interested in government coins. “Periodically, the U.S. government auctions off these coins, which institutions in particular often find quite attractive, since they are in theory blessed and cleared by the U.S. government,” he said. In the past, some institutions have fretted over the provenance of crypto assets when buying them and worried they could be unknowingly buying from bad actors. Whatever happens, investors are always keeping an eye on big HODLers—known as whales—especially unorthodox ones like the U.S. government. Satoshi-Era Bitcoin Whale Moves $11 Million After Sleeping for 12 Years “Roughly 10 billion dollars of bitcoin is an immense amount for the market to absorb,” Evan Kaloudis, the developer behind Zeus, a non-custodial Lightning wallet, told Decrypt . “I for one, though, am excited for the government to offload them to the market to circulate to new holders.” Editor\'s note: This article was updated after publication to clarify that the "Mt. Gox alert" was the result of user error and not a "bug fix" by Arkham as initially reported.', 'Bitcoiners are eying up crypto held by the feds.\nOn Wednesday, the price of Bitcoin took a sharp nosedive—plunging7% in an hour. It took most of the crypto market with it, too.\nThe dip came shortly before erroneous reports claimed blockchain analytics firm Arkham had said wallets linked to defunct crypto exchange Mt. Gox and the U.S. government had moved large amounts of Bitcoin.\nIt turned out to be a false alarm as a result of theDB Newswireaccount on Twitter mislabelling wallets on Arkham\'s platform, the company later said in a statement. But it led some to believe that the dip in prices came because the government started dumping large amounts of Bitcoin into the market.\nBut the fact remains that the government-owned Bitcoin and Mt. Gox coins are intriguing to investors: On Thursday, another blockchain analytics firm, Glassnode, said that the American government and the Mt. Gox trustee hold 205,514 and 137,890 Bitcoins respectively (over $10 billion in crypto)—and advised investors to keep an eye on the funds.\nThis is because when such large amounts of Bitcoin get transferred, it\'s market moving, according to experts.\nBut first, why does the U.S. government hold Bitcoin? And what’s Mt. Gox?\nThe Department of Justice last year seized more than $3 billion worth of Bitcoin affiliated with the dark net marketplace Silk Road. They thensolda huge chunk of it—and said they plan to sell more.\nMt. Gox, on the other hand, was a popular Bitcoin exchange that was forced to shut down eight years ago after a crippling hack. Once one of the biggest exchanges in the world, it closed in 2014 after losing 850,000 Bitcoins (today worth $24.9 billion) in themassive exploit.\nInvestors who lost their funds are still waiting to get it back from a trustee.\nChristoph Ono, a contributor at open source Bitcoin resource Bitcoin Design, toldDecryptthat the intrigue is all centered around risk.\nHe said: “Will the US government hold on to those Bitcoin forever? Or sell them off? If so, will they do it in a manner that reduces impact on the market or just dump in one go? Or auction them off? Who knows.”\nThe fascination with watching the wallets where Mt. Gox funds are being held is similar, he added. “I believe Mt. Gox is somewhat similar in that there are various unknowns," Ono said. "At some point the coins will be released into the wild but no one really knows when and how.”\nWhile Glassnode lead analyst James Check said that big investors may be interested in government coins.\n“Periodically, the U.S. government auctions off these coins, which institutions in particular often find quite attractive, since they are in theory blessed and cleared by the U.S. government,” he said. In the past, some institutions have fretted over the provenance of crypto assets when buying them and worried they could be unknowingly buying from bad actors.\nWhatever happens, investors are always keeping an eye on big HODLers—known as whales—especially unorthodox ones like the U.S. government.\nSatoshi-Era Bitcoin Whale Moves $11 Million After Sleeping for 12 Years\n“Roughly 10 billion dollars of bitcoin is an immense amount for the market to absorb,” Evan Kaloudis, the developer behind Zeus, a non-custodial Lightning wallet, toldDecrypt. “I for one, though, am excited for the government to offload them to the market to circulate to new holders.”\nEditor\'s note: This article was updated after publication to clarify that the "Mt. Gox alert" was the result of user error and not a "bug fix" by Arkham as initially reported.', 'Bitcoiners are eying up crypto held by the feds.\nOn Wednesday, the price of Bitcoin took a sharp nosedive—plunging7% in an hour. It took most of the crypto market with it, too.\nThe dip came shortly before erroneous reports claimed blockchain analytics firm Arkham had said wallets linked to defunct crypto exchange Mt. Gox and the U.S. government had moved large amounts of Bitcoin.\nIt turned out to be a false alarm as a result of theDB Newswireaccount on Twitter mislabelling wallets on Arkham\'s platform, the company later said in a statement. But it led some to believe that the dip in prices came because the government started dumping large amounts of Bitcoin into the market.\nBut the fact remains that the government-owned Bitcoin and Mt. Gox coins are intriguing to investors: On Thursday, another blockchain analytics firm, Glassnode, said that the American government and the Mt. Gox trustee hold 205,514 and 137,890 Bitcoins respectively (over $10 billion in crypto)—and advised investors to keep an eye on the funds.\nThis is because when such large amounts of Bitcoin get transferred, it\'s market moving, according to experts.\nBut first, why does the U.S. government hold Bitcoin? And what’s Mt. Gox?\nThe Department of Justice last year seized more than $3 billion worth of Bitcoin affiliated with the dark net marketplace Silk Road. They thensolda huge chunk of it—and said they plan to sell more.\nMt. Gox, on the other hand, was a popular Bitcoin exchange that was forced to shut down eight years ago after a crippling hack. Once one of the biggest exchanges in the world, it closed in 2014 after losing 850,000 Bitcoins (today worth $24.9 billion) in themassive exploit.\nInvestors who lost their funds are still waiting to get it back from a trustee.\nChristoph Ono, a contributor at open source Bitcoin resource Bitcoin Design, toldDecryptthat the intrigue is all centered around risk.\nHe said: “Will the US government hold on to those Bitcoin forever? Or sell them off? If so, will they do it in a manner that reduces impact on the market or just dump in one go? Or auction them off? Who knows.”\nThe fascination with watching the wallets where Mt. Gox funds are being 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: 2023-04-30 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $564,183,473,738 - Hash Rate: 358383011.4671458 - Transaction Count: 568516.0 - Unique Addresses: 612597.0 Social & AI Sentiment: - Fear & Greed Index: 0.60 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Elon Musk has inadvertently revealed what appears to be a secret “burner” Twitter account that the billionaire has used to make under-the-radar comments about Tesla, Joe Biden, and the collapsed cryptocurrency exchange FTX. Mr Musk accidentally revealed the account, @Ermnmusk, when tweeting a screenshot of his Twitter settings menu to advertisethe platform’s subscription service. The second handle has the screen name Elon Test and its profile picture appears to be of his son X, whose mother is the musician Grimes. Research suggests the picture did not exist elsewhere on the internet until the existence of the account emerged. The account sent its first tweet in November and its last earlier this week, saying “I will finally turn 3 on May 4th!” in reference to the birthday of Mr Musk's son. In one exchange, the account tweeted: “Do you like Japanese girls?” at Michael Saylor, a prominent Bitcoin promoter. In others, he appears to imitate his two-year-old son. In response to another tweet about Caroline Ellison, a former executive at FTX who had a romantic relationship with the exchange’s founderSam Bankman-Fried, he tweeted “I [love] librarians” using a purple heart emoji. Mr Musk has not confirmed that the account is his, although it followers several users that he regularly interacts with. The account frequently replied to tweets about FTX, in one case responding to an explicit joke tweeted from Mr Musk’s main account. It also regularly complained that it had no followers, in contrast to Mr Musk whose 137m followers make him the most followed person on the service. The account has swelled to 42,700 followers since internet users identified it. The “Elon Test” account also commented on the large motorcade Joe Biden brought to last year’s Cop27 climate conference, saying: “Why does he need so many cars? Does he have a big family?” He responded to another tweet about Tesla’s full self-driving vehicle software with the single word “Wow!” The second account came to light after Mr Musk tweeted a screenshot of his Twitter settings, which allow users with multiple accounts to quickly switch between them by tapping the accounts’ profile pictures. Mr Musk may have a third account, according to reports. He acquired the Twitter handle @e, according to Zoe Schiffer, a reporter at the newsletter Platformer. The account, which has the screen name “John Utah” appears to have been suspended before Mr Musk acquired Twitter in October last year, possibly due to multiple hacking attempts associated with high-value one-letter usernames. The account follows three users – Mr Musk, Nasa, and a Los Angeles news website – but has no tweets on its account.... - 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: ['Morsa Images/Getty ImagesExchange-traded funds (ETFs) allow investors to buy a collection of stocks or other assets in just one fund with (usually) low expenses, and they trade on an exchange like stocks. ETFs have become tremendously popular in the last decade and now hold trillions of dollars in assets. With literally thousands of ETFs to choose from, where does an investor start? Below are some of the top ETFs by category, including some highly specialized funds.\nAnexchange-traded fundmay hold positions in many different assets, including stocks, bonds and sometimes commodities.\xa0ETFs most often track a specific index such as the Standard & Poor’s 500 or the Nasdaq 100, meaning they hold positions in the index companies at their same relative weights in the index.\xa0So by buying one share in the ETF, an investor effectively purchases a (tiny) share in all the assets held in the fund.\nETFs are often themed around a specific collection of stocks. An S&P 500 index fund is one of themost popular themes, but themes also includevalue or growth stocks, dividend-paying stocks, country-based investments, disruptive technologies, specific industries like information technology or healthcare, various bond maturities (short, medium and long) and many others.\nFor running an ETF, the fund company charges a fee called anexpense ratio. The expense ratio is the annual percentage of your total investment in the fund. For example, an ETF might charge a fee of 0.12 percent. That means on an annual basis an investor would pay $12 for every $10,000 invested in the fund. Low-cost ETFs are very popular with investors.\n• Equity ETFs\n• Bond ETFs\n• Balanced ETFs\n• Commodity ETFs\n• Currency ETFs\n• Real estate ETFs\n• Volatility ETFs\n• Leveraged ETFs\n• Inverse ETFs\nEquity ETFs provide exposure to a portfolio of publicly traded stocks, and may be divided into several categories by where the stock is listed, the size of the company, whether it pays a dividend or what sector it’s in. So investors can find the kind of stock funds they want exposure to and buy only stocks that meet certain criteria.\nStock ETFstend to be more volatile than other kinds of investments such as CDs or bonds, but they’re suitable for long-term investors looking to build wealth. Some of the most popular equity ETF sectors and their historical performance (as of April 28, 2023) include:\nThis kind of ETF gives investors broad exposure to publicly traded companies listed on American exchanges using a passive investment approach that tracks a major index such as the S&P 500 or Nasdaq 100.\nVanguard S&P 500 ETF (VOO)\n• 2023 YTD performance:8.3 percent\n• Historical performance (annual over 5 years):11.0 percent\n• Expense ratio:0.03 percent\nAlternatives:Some of the most widely held ETFs in this group also include SPDR S&P 500 ETF Trust (SPY), iShares Core S&P 500 ETF (IVV) and Invesco QQQ Trust (QQQ).\nThis kind of ETF can provide targeted exposure to international publicly traded companies broadly or by more specific geographic areas, such as Asia, Europe or emerging markets. Investing in foreign companies introduces concerns such as currency risk and governance risks, since foreign countries may not offer the same protections for investors as the U.S. does.\nVanguard FTSE Developed Markets ETF (VEA)\n• 2023 YTD performance:10.8 percent\n• Historical performance (annual over 5 years):3.6 percent\n• Expense ratio:0.05 percent\nAlternatives:Some of the most widely held ETFs also include iShares Core MSCI EAFE ETF (IEFA), Vanguard FTSE Emerging Markets ETF (VWO) and Vanguard Total International Stock ETF (VXUS).\nThis kind of ETF gives investors a way to buy stock in specific industries, such as consumer staples, energy, financials, healthcare, technology and more. These ETFs are typically passive, meaning they track a specific preset index of stocks and simply mechanically follow the index.\nVanguard Information Technology ETF (VGT)\n• 2023 YTD performance:19.3 percent\n• Historical performance (annual over 5 years):18.4 percent\n• Expense ratio:0.10 percent\nAlternatives:Some of the most widely held ETFs also include Financial Select Sector SPDR Fund (XLF), Energy Select Sector SPDR Fund (XLE) and Industrial Select Sector SPDR Fund (XLI).\nThis kind of ETF gives investors a way to buy only stocks that pay a dividend. Adividend ETF is usually passively managed, meaning it mechanically tracks an index of dividend-paying firms. This kind of ETF is usually more stable than a total market ETF, and it may be attractive to those looking for investments that produce income, such as retirees.\nThebest dividend ETFstend to offer higher returns and low cost.\nVanguard Dividend Appreciation ETF (VIG)\n• 2023 YTD performance:3.4 percent\n• Historical performance (annual over 5 years):11.2 percent\n• Expense ratio:0.06 percent\nAlternatives:Some of the most widely held ETFs here also include) Vanguard High Dividend Yield Index ETF (VYM) and Schwab U.S. Dividend Equity ETF (SCHD).\nAbond ETFprovides exposure to a portfolio of bonds, which are often divided into sub-sectors depending on bond type, their issuer, maturity and other factors, allowing investors to buy exactly the kind of bonds they want. Bonds pay out interest on a schedule, and the ETF passes this income on to holders.\nBond ETFs can be an attractive holding for those needing the safety of regular income, such as retirees. Some of the most popular bond ETF sectors and their returns include:\nThis kind of bond ETF gives exposure to bonds with a long maturity, perhaps as long as 30 years out. Long-term bond ETFs are most exposed to changes in interest rates, so if rates move higher or lower, these ETFs will move inversely to the direction of rates. While these ETFs may pay a higher yield than shorter-term bond ETFs, many don’t see the reward as worthy of the risk.\niShares MBS ETF (MBB)\n• 2023 YTD performance:2.6 percent\n• Historical performance (annual over 5 years):0.3 percent\n• Expense ratio:0.04 percent\nAlternatives:Some of the most widely held ETFs also include iShares 20+ Year Treasury Bond ETF (TLT) and Vanguard Mortgage-Backed Securities ETF (VMBS).\nThis kind of bond ETF gives exposure to bonds with a short maturity, typically no more than a few years. These bond ETFs won’t move much in response to changes to interest rates, meaning they’re relatively low risk. These ETFs can be a more attractive option than owning the bonds directly because the fund is highly liquid and more diversified than any individual bond.\nVanguard Short-Term Bond ETF (BSV)\n• 2023 YTD performance:2.1 percent\n• Historical performance (annual over 5 years):1.4 percent\n• Expense ratio:0.04 percent\nAlternatives:Some of the most widely held ETFs in this category also include iShares 1-3 Year Treasury Bond ETF (SHY) and Vanguard Short-Term Treasury ETF (VGSH).\nThis kind of bond ETF gives investors exposure to a wide selection of bonds, diversified by type, issuer, maturity and region. A total bond market ETF provides a way to gain broad bond exposure without going too heavy in one direction, making it a way to diversify a stock-heavy portfolio.\nVanguard Total Bond Market ETF (BND)\n• 2023 YTD performance:3.3 percent\n• Historical performance (annual over 5 years):1.1 percent\n• Expense ratio:0.03 percent\nAlternatives:Some of the most widely held ETFs also include iShares Core U.S. Aggregate Bond ETF (AGG) and Vanguard Total International Bond ETF (BNDX).\nThis kind of bond ETF gives exposure to bonds issued by states and cities, and interest on these bonds is typically tax-free, though it’s lower than that paid by other issuers. Muni bonds have traditionally been one of the safest areas of the bond market, though if you own out-of-state munis in a fund, you will lose the tax benefits in your home state, though not at the federal level. Given the tax advantages, it is advantageous to consider a municipal bond ETF that invests in your state of residence.\niShares National Muni Bond ETF (MUB)\n• 2023 YTD performance:1.9 percent\n• Historical performance (annual over 5 years):2.0 percent\n• Expense ratio:0.07 percent\nAlternatives:Some of the most widely held ETFs also include Vanguard Tax-Exempt Bond ETF (VTEB) and iShares Short-Term National Muni Bond ETF (SUB).\nA balanced ETF owns both stock and bonds, and it targets a certain exposure to stock, which is often reflected in its name. These funds allow investors to have the long-term returns of stocks while reducing some of the risk with bonds, which tend to be more stable. A balanced ETF may be more suitable for long-term investors who may be a bit more conservative but need growth in their portfolio.\n• 2023 YTD performance:7.1 percent\n• Historical performance (annual over 5 years):5.7 percent\n• Expense ratio:0.15 percent\nAlternatives:Some of the most widely held balanced ETFs also include iShares Core Growth Allocation ETF (AOR) and iShares Core Moderate Allocation ETF (AOM).\nA commodity ETF gives investors a way to own specific commodities, including agricultural goods, oil, precious metals and others without having to transact in the futures markets. The ETF may own the commodity directly or via futures contracts. Commodities tend to be quite volatile, so they may not be well-suited for all investors. However, these ETFs may allow more advanced investors to diversify their holdings, hedge out exposure to a given commodity in their other investments or make a directional bet on the price of a given commodity. Thebest-performing gold ETFstend to offer highly effective portfolio diversification with added defensive stores of value.\n• 2023 YTD performance:8.9 percent\n• Historical performance (annual over 5 years):8.0 percent\n• Expense ratio:0.40 percent\nAlternatives:Some of the most widely held commodities ETFs also include iShares Silver Trust (SLV), United States Oil Fund LP (USO) and Invesco DB Agriculture Fund (DBA).\nA currency ETF gives investors exp Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-01 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $549,920,069,012 - Hash Rate: 440714243.8312197 - Transaction Count: 682281.0 - Unique Addresses: 697731.0 Social & AI Sentiment: - Fear & Greed Index: 0.63 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Join the most important conversation in crypto and web3! Secure your seat today UPDATE (17:41 UTC, April 25): Adds denial from Poolin and WuBlockchain's details on the potential mislabeling of the wallet by CryptoQuant. Poolin, a firm that runs a crypto mining pool and a wallet service, may have moved 5,640 bitcoin ($150 million) from its main wallet on April 21, according to CryptoQuant data , around the time the world's largest digital asset dropped to $28,000. This marks the biggest outflow from miners since December 2020. However, Kevin Pan, CEO and founder of Poolin disputed the data to CoinDesk, adding that the wallet address doesn’t match up to the company’s profile and activity. Meanwhile, news outlet WuBlockchain tweeted that it might be a case of mislabeling of the address. CryptoQuant couldn't be reached for comment. The firm has issued at least $238 million in I-owe-you (IOU) tokens, according to analyst estimates , to its users after it froze withdrawals from its wallet service in September, citing liquidity issues . Data from CryptoQuant shows that Poolin still has 9,935 BTC in its accounts. It is unclear whether the $150 million was liquidated or simply moved to another account. Poolin hasn't posted any updates on redeeming the IOU tokens on its wallet arm's Medium site. Several users on its Telegram community support forum were still complaining about not being paid back as of the time of writing. Read more: Singapore Arbitrator Rules Against Mining Software Firm Poolin’s IOU Model, But the Firm Hasn't Paid Yet... - Reddit Posts (Sample): [['u/Bhosdi_Waala', 'Considering moving funds from Vanguard FTSE All World Distributing to Accumulating', 19, '2023-05-01 01:01', 'https://www.reddit.com/r/eupersonalfinance/comments/1345qou/considering_moving_funds_from_vanguard_ftse_all/', "Hey everyone, \n\nI've lately been reading some posts about how [the first 100K is the hardest to reach](https://fourpillarfreedom.com/charlie-munger-the-first-100000-is-a-btch/)\n\nI started off investing in the Distributing fund in order to leverage Germany's tax free dividends (up to 1000 euros per year)\n\nBut after reading these articles, I thought to myself that I'd rather reach that 100K threshold sooner than get a 1000 euro reward every year.\n\nSo I am considering liquidating my Distributing positions and moving them into the Accumulation fund. \n\nWould this be a wise choice considering the taxes I'll have to pay on the sell and perhaps the price fluctuation when selling and buying?", 'https://www.reddit.com/r/eupersonalfinance/comments/1345qou/considering_moving_funds_from_vanguard_ftse_all/', '1345qou', [['u/Fadjaros', 43, '2023-05-01 01:49', 'https://www.reddit.com/r/eupersonalfinance/comments/1345qou/considering_moving_funds_from_vanguard_ftse_all/jidbgda/', "Just keep what you have in the distributing one and start buying the accumulating. There is no point in selling. You won't get there a lot faster and you will have to pay taxes on the sale. It doesn't make sense", '1345qou'], ['u/XxXMorsXxX', 10, '2023-05-01 11:24', 'https://www.reddit.com/r/eupersonalfinance/comments/1345qou/considering_moving_funds_from_vanguard_ftse_all/jietm71/', 'You currently have optimized investing according to the tax characteristics of you country of residence. Looking to mess with it because of some phycological/motivation articles regarding investing seems like bad practice to me.', '1345qou']]], ['u/middlemangv', 'Am I wrong if I have zero empathy for people who invest in PEPE and lose money?', 407, '2023-05-01 01:31', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/', "I honestly have zero empathy for people who invest in PEPE and lose money. I don't feel sorry for them at all. It is a shitcoin. I would say that anyone who invested in PEPE before it blew up is greedy. There are people who invested some spare change in it and did good.\n\nCoins like this one, in my opinion, have bad impact on crypto.\n\nNew people join, get scammed, think crypto is a scam, stop investing in crypto.\n\n\n\nTheir roadmap:\n\n\n\nhttps://preview.redd.it/elt3f9snx3xa1.png?width=1032&format=png&auto=webp&v=enabled&s=a751a7f68f046d704eff47b8ca77eb575e7a2768\n\nI mean, come on...phase 2 Vibe and HODL?\n\nPhase 3 - Pepe merch and Pepe academy?\n\nIt is a memecoin.\n\nThey are even being iroinc about flipping BTC in phase 3.\n\nTheir tocenomics is awfull.\n\nIt is pump and dump scheme, probably with devs investing with their friends already for free.\n\n\n\nI shouldn't care where people invest, and I don't, I just don't feel sorry when they lose it. Am I wrong for it?", 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/', '1346f56', [['u/TheGoonKills', 10, '2023-05-01 01:39', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jida4dv/', "Nah. A fool and his money are soon parted. If it wasn't PEPE, they would have spent it on a Trump NFT or something equally stupid.", '1346f56'], ['u/TruthSeeekeer', 248, '2023-05-01 01:40', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidaazk/', 'Why would I have empathy for someone investing and losing money?\n\nHappens to me all the time.', '1346f56'], ['u/Elie0_0', 28, '2023-05-01 01:41', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidafc8/', "Pepe isn't even listed on any major exchanges right now, can't imagine how much it will go up if a major exchange lists it", '1346f56'], ['u/Certain_Cranberry_77', 11, '2023-05-01 01:41', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidah72/', 'Flip btc on phase 3 got me in.', '1346f56'], ['u/TOXICCARBY', 13, '2023-05-01 01:49', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidbfo6/', 'They know the risks of investing in such a coin', '1346f56'], ['u/jwz9904', 79, '2023-05-01 02:16', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidex5i/', 'No one really cares', '1346f56'], ['u/philosouf', 64, '2023-05-01 02:22', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidfm3d/', "Now I'm sure it will go up even higher if cc is bashing it", '1346f56'], ['u/void_evilness', 127, '2023-05-01 02:23', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidfpsc/', 'Is it a stupid way of spending money? Yes.\n\nIs it like gambling at a casino? Yes.\n\nShould you laugh at people who spend money at the casino and lose? No.\n\nShould you feel ‘superior’ for not gambling and being responsible? No.\n\nThere. Dont be ego', '1346f56'], ['u/MaeronTargaryen', 19, '2023-05-01 02:23', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidfsex/', 'It’s unfair, some people lose less money on meme coins than what I lose on blue chips', '1346f56'], ['u/Layer2Mechs', 13, '2023-05-01 02:25', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidg1s2/', 'its crazy the cope im seeing from people missing out on pepe.\n\nlet me tell you why this is the next play in 3 steps\n\n1.) crypto was made post 2008 financial crash as a separate store of value\n\n2.) banks currently collapsing, btc going up as a correlation \n\n3.) memecoins pump the hardest in a bull market, i believe the falling of banks is igniting a bull run. pepe will suceed because its one in a million memecoin. no shitty pump and dump “influencers” shilling it, the team isnt making promises and embracing what is it, a meme coin. not making any promises to “change the world” or “make a layer 2” like shib. every day you wait you lose on free money.\n\n\nfor reference. i bought sub 200k mc with .01 e', '1346f56'], ['u/GabeSter', 33, '2023-05-01 02:39', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidhpm4/', 'You must be an investor in ~checks notes~\n\nUhhh. Cardano, Algorand, Polkadot.', '1346f56'], ['u/Odysseus_Lannister', 16, '2023-05-01 02:41', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidhyyx/', 'adds LINK to footnotes', '1346f56'], ['u/mixomatoso', 20, '2023-05-01 02:41', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidi211/', "chuckles I'm in danger.", '1346f56'], ['u/DCdek', 16, '2023-05-01 02:44', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidickk/', 'LMAO Cope', '1346f56'], ['u/Sheeple9001', 13, '2023-05-01 02:52', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidjdxq/', 'VET', '1346f56'], ['u/ryencool', 60, '2023-05-01 03:13', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidlyww/', 'People said this same thing about shib, I was there...', '1346f56'], ['u/Ecstatic_Love4691', 51, '2023-05-01 03:15', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidm4n8/', 'That’s horrible. Where do I buy it?', '1346f56'], ['u/mathaiser', 26, '2023-05-01 03:37', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidovqj/', 'The only thing wrong is that it’s none of your business and your opinion of what others choose to do is worth less than the air you breathed when you said it.\n\nDo your own thing. Don’t worry about the inclinations of PEPE holders.', '1346f56'], ['u/Kukuzahara', 21, '2023-05-01 03:44', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidppk7/', 'Precisely. Just don’t be weird about things and be normal. Not that hard.', '1346f56'], ['u/supremebhandari', 25, '2023-05-01 03:53', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidqv6y/', '> Phase 3: Flip Bitcoin\n\n\n\nLol, good luck with that', '1346f56'], ['u/Blackskywaters', 15, '2023-05-01 04:00', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jidrrem/', "All crypto is a gamble as far as I'm concerned and we should all be prepared to lose it all.", '1346f56'], ['u/Vegas_42', 18, '2023-05-01 05:43', 'https://www.reddit.com/r/CryptoCurrency/comments/1346f56/am_i_wrong_if_i_have_zero_empathy_for_people_who/jie3lyr/', "In 2021 I decided against buying shib. In my own eyes, I was a sophisticated investor. Only the real stuff and great tech like BTC, ETH, ATOM, DOT, you name it. I was too arrogant to buy a meme coin. I hated DOGE and SHIB and it insulted me that something useless made people rich. Guess what? I was wrong. Scam here, rugpull there, but the truth is, I missed the bus.\n\nIt's about earning money in the first place. Don't get attached to your coins (easy to say, but I love Bitcoin anyway). This time, I ignored my hubris and bought some when the coin was a few days old. I tripled, took out my original money and now I let the house money ride. I do... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["TheSolanaNFT space got a shot in the arm with the late Aprillaunch of Mad Lads, a buzzyprofile picture(PFP) collection that led the market-wide charts. But something else happened amid the trading surge: upstart marketplace Tensor topped the dominant Magic Eden.\nTensor launched in 2022, but saw increasing activity afterintroducing trading rewardsin March. Last week, it clinched majority market share by trading volume on Solana. Data collected byTiexoshows a slight lead by Tensor over the last seven days, with Tensor commanding 45% of SolanaNFTmarket share and Magic Eden under 44%.\nMad Lads helped push Tensor over the top, as traders apparently flocked to take advantage of its specific promotion around the NFT project rather than Magic Eden’s offering. But can Tensor maintain that momentum after waking Solana’s sleeping giant?\nTensor began picking up considerable market share in March as itlaunched “loyalty” rewardsfor traders, echoing the move byEthereummarketplace Blur thathelped catapult it over OpenSeain February. The startup, which raised $3 million in March in a round led by VC firm Placeholder, similarly bills itself as a platform for “pro” traders with what it says is a faster, richer interface.\nThe Blur comparisons are intentional. Tensor looks and feels much like Blur, albeit for Solana, with a similar-sounding rewards initiative. The startup hasn’t specifically said that it will launch a token, but given that Blurgave out hundreds of millions of dollarsworth of tokens in February andsaid that it will continue doing so, it’s no surprise that traders are intrigued.\nMad Lads Gave Solana NFTs a ‘New Heartbeat’ After Losing DeGods: Coral CEO\nTensor’s market share steadily grew over the last couple of months, co-founder and CTO Richard Wu toldDecrypt, but the upstart only leapfrogged above Magic Eden last week after the Mad Lads frenzy took hold.\nMagic Eden also offered special promotions around Mad Lads NFTs. Magic Eden offered zero marketplace fees and also said it wouldgive out 2,000 SOL(currently about $43,700) to airdrop to Mad Lads traders over the first 30 days after launch. It later said that itredistributed over 5,000 SOL($109,400 as of today) worth of Mad Lads trading fees back to users.\nTensor, on the other hand, said that it would divert all of its marketplace fees on Mad Lads trades for the first 90 days tobuying up “floor”(or the lowest-price) NFTs from the project, and then give them away via a raffle to traders. Today,Tensor tweetedthat it has used 4,280 SOL ($93,650) worth of fees to buy up 58 Mad Lads NFTs to give them away to top traders.\nWhether it was the promotion or an interface targeted at heavy traders, or perhaps the pairing of both, Tensor ultimately came out ahead as Mad Lads ruled the Solana market.\n“If you show people that you're truly about giving back to the community, and trying to make your product the best for Mad Lads or for the next NFT project,” Wu said, “then people will come and trade on your platform, and people will align with a Tensor versus a Magic Eden.”\nThere’s an “us versus them” dynamic in Wu’s comments that’s already been resonating across the Solana NFT community on Twitter for days. Tensor’s sudden rise to the top of Solana has inflamed past divisions that emerged over Magic Eden’sapproach to the open-source Web3 ethos, as well as itsmoves around optional creator royaltieslast year.\nOn Friday, Magic Eden apparently discovered that Tensor was utilizing its content delivery network (CDN) to populate NFT images on the Tensor marketplace.\nMagic Eden replaced the artwork on Tensor with images showing the Magic Eden mascot and logo, and tweeted, “Hey [Tensor], wen image CDN? We replaced some images on your marketplace. Just a harmless prank hehe. Let's build.”\nMagic Eden deleted the tweet by Saturday following community backlash. Over the past several days, the vitriol has been flung back and forth on Crypto Twitter between the two camps and their supporters, and Tensor’s co-founders have themselves criticized Magic Eden and retweeted other critical tweets about the giant in the Solana space.\n“They were in the dominant seat for so long that they felt they didn't need to do anything,” Tensor CEO and co-founder Ilja Moisejevs alleged in an interview withDecrypt. He believes that Tensor’s product is better than those of previous challengers, but also suggested that Magic Eden lost support in the Solana spaceas it rapidly expandedto Ethereum,Polygon, andBitcoin.\nMagic Eden Bitcoin NFT Launchpad Debuts as Ordinals Total Nears 1 Million\n“I think the community is also a bit upset with the way they've behaved in the last six months, because Solana has clearly gone through really turbulent times,” Moisejevs said.\nHe suggested that some Solana projects “doubled down” on the space amid the falling price of SOL andfears over the future of the communitylate last year, and believes Magic Eden did “almost the opposite” in pushing NFTs on other chains.\n“They sort of took their foot off the gas whenSolana was at its lowest pointafter FTX [collapsed], and that just rubbed a lot of people the wrong way,” Wu added. “If you're so bullish about building up Solana, why would you leave and build elsewhere at a time when Solana needed people to step up?”\nMagic Eden responded to the social media pushback today, as marketing head Tiffany Huang toldThe Blockthat the startup is “excited to refocus back on Solana, which is our home,” and it “intends to show the Solana community that we have still got their backs.”\nHuang clarified toDecryptthat Magic Eden’s renewed focus on Solana will come via product features and partnerships, including “innovating” on itsDiamonds rewards featurethat launched in late March as Tensor was on the rise. It will also include “programs that support creators and collectors,” she added.\nShe also pushed back against criticism by Tensor’s co-founders about Magic Eden’s current closed-source marketplace model, which requires it to co-sign transactions. That throws a wrench into how marketplace aggregators incorporate Magic Eden listings, andraises other concerns about security and composability. But Huang suggested that it’s essential—for now.\n“The Tensor team knows and understands co-sign is not just an anti-aggregator tool—it's actually a critical part of some of [our] other core marketplace features,” she said, pointing to a tweetwhere Wu acknowledges as much. “The goal here is to become more open, but we just need to sequence these events so they don't disrupt our marketplace product.”\nAs theMad Lads launch hype cools, the remaining question is whether Tensor can stay on top in the Solana space. Just before publication,Magic Eden had a slight lead in rolling 24-hour trading volume per data fromTiexo—but Tensor led that chart as recently as late afternoon today.\n‘Honeypot Bitch’: How Mad Lads Tricked Bots Into Spending $250K on Fake NFTs\nDespite the shade, pranks, and gripes traded between the camps—not to mention the market maneuvers over the last week—both startups suggest a more cooperative tone going forward. They both want what’s best for Solana and its community, they tellDecrypt, and wish to grow the market for everyone involved, including each other.\n“We should all be seeking to build the pie with excellent user experiences and ingenuity to grow the space,” Huang toldDecrypt, rejecting the notion that Magic Eden should fend off upstarts. “I think we're two reasonable companies, at the end of the day, trying to grow Solana.”\n“We want to see Magic Eden do well,” Tensor’s Moisejevs said. “That's because we think that if Magic Eden does well, then Solana can do very well. At Tensor, we would rather have a smaller piece of a 10x larger pie than have a larger piece of… ultimately, a pie nobody cares about.”", '(Bloomberg) -- CMCC Global, a venture capital company focused on blockchain technology, said the US digital-asset crackdown is opening up opportunities for Hong Kong as the city strives to become a crypto hub. Most Read from Bloomberg Powell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC Standoff Texas Mass Shooting’s Bloody Images Add to Fervor in Gun Debate Goldman to Pay $215 Million to End Case on Underpaying Women Why Airfares, Hotels and Cars Are Getting So Expensive for Americans Mitch McConnell Warns He Has No ‘Secret Plan’ to Solve US Debt Impasse The US “is shooting themselves in the foot” and giving other regions a chance to woo innovative businesses, CMCC’s co-founder Charlie Morris said in a Bloomberg Television interview aired Tuesday. “We see places like Hong Kong having a real opportunity at this point in time to bring those firms and entrepreneurs to the city,” Morris added. Hong Kong plans to let retail investors trade major tokens like Bitcoin and Ether in a new licensing regime for virtual-asset service providers due June 1. In contrast, the US has turned up the regulatory heat on crypto in the wake of last year’s digital-asset rout and the collapse of the FTX exchange. Fund Launch CMCC is launching a $100 million fund to invest in startups focused on blockchain projects. The targets are companies in the Series A and B stages both in its home base of Hong Kong as well as further afield. “There is a lot of innovation coming from Asia,” co-founder Martin Baumann said. “There’s plenty of capital sitting on the sidelines waiting for the right entry valuations to pull the trigger.” Baumann and Morris hold a majority stake in CMCC, while Hong Kong tycoon Richard Li and Gemini Trust Co. founders Cameron and Tyler Winklevoss are investors in its holding entity. Venture capitalists globally have continued to pull back from crypto this year following 2022’s price crash, a string of bankruptcies and the scandal that enveloped FTX, whose co-founder Sam Bankman-Fried is awaiting trial. Story continues Private funding for crypto startups in the first quarter of this year plunged to its lowest level Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-02 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $542,371,495,350 - Hash Rate: 312374381.6166337 - Transaction Count: 457708.0 - Unique Addresses: 620729.0 Social & AI Sentiment: - Fear & Greed Index: 0.55 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Adds comment, weekly milestones; updates prices) * U.S. services sector data shows steady growth in February * Bitcoin, ether fall in Silvergate fallout * Dollar on track for worst week since mid-January vs yen * Dollar could resume uptrend next week with U.S. jobs data -analyst By Gertrude Chavez-Dreyfuss NEW YORK, March 3 (Reuters) - The U.S. dollar slid from a 2-1/2-month high versus the Japanese yen on Friday, on track for its largest weekly loss since mid-January against a basket of six major currencies, as traders stepped back to gauge the path for Federal Reserve policy. Analysts said the market has for the most part priced in the prospect of a higher terminal fed funds rate after the recent run of upbeat U.S. economic data. The yen, which is sensitive to U.S.-Japan long-term rate differentials, looked set to halt its six-week losing streak against the dollar, as it gained strength with 10-year U.S. yields retreating from a nearly four-month high close to 4.1%. Cryptocurrencies, on the other hand, took a beating as the crisis surrounding Silvergate Bank worsened, with industry heavyweights such as Coinbase Global and Galaxy Digital dropping the lender as their banking partner. The dollar index, which measures the greenback's value against six major currencies, fell 0.3% to 104.60, from as high as 105.36 at the start of the week, its strongest level since Jan. 6. So far this week, the index has slid 0.5%, on pace for its biggest percentage fall since the week of Jan. 15. The greenback briefly pared losses after data showed the U.S. services sector grew at a steady pace in February, with new orders and employment rising to more than one-year highs. The Institute for Supply Management's (ISM) non-manufacturing index dipped to 55.1 from 55.2 in January. "The dollar has essentially enjoyed four full weeks of gains that completely erased the losses in January," said Juan Perez, director of trading at Monex USA in Washington. "As markets look to end a tough Q1, there is optimism growing as the focus shifts from the pains associated with inflationary pressures and to the potential for a prosperous second half of the year despite central bank tightening via interest rates." Analysts polled by Reuters said recent dollar strength was likely to be temporary, and the currency will weaken over the course of the year as the global economy improves and on expectations the Fed will stop hiking interest rates well ahead of the European Central Bank. However, the dollar seems unlikely to reverse its latest uptrend, said Karl Schamotta, chief market strategist at Corpay in Toronto. "Next week's job opening and non-farm payrolls reports could generate a lift in yields and the dollar. Traders are likely to move cautiously, particularly in currencies exposed to more dovish local central bank messaging - namely the Aussie, Canadian dollar, and yen." The Bank of Japan (BOJ), meanwhile, is expected to start dismantling extraordinary stimulus measures after Governor Haruhiko Kuroda retires next month. Tokyo inflation data for February exceeded the BOJ's target for a ninth month, but the core measure did decelerate from a 42-year high. The dollar eased 0.4% to 136.26 yen, after climbing to 137.10 on Thursday, the highest since Dec. 20. For the week, the dollar was down 0.4% versus the yen, its worst weekly showing since mid-January. The euro rose 0.3% to $1.0628, after starting the week at a nearly two-month low of $1.0533. Sterling rose 0.7% against the dollar to $1.2032, on track for a 0.4% gain on the week, its best weekly performance since Jan. 20. The pound's gains came as Britain struck a post-Brexit Northern Ireland trade deal with the European Union, while a survey showed Britain's services sector grew at the fastest pace in eight months in February. Bitcoin slid 4.9% to $22,306, after touching a 2-1/2-week low at $22,000. Ether declined dropped 5.4% to $1,559 after touching $1,543.60, the lowest since mid-February. ======================================================== Currency bid prices at 3:00PM (2000 GMT) Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Dollar index 104.5100 104.9600 -0.41% 0.986% +105.0100 +104.5100 Euro/Dollar $1.0633 $1.0598 +0.33% -0.76% +$1.0636 +$1.0589 Dollar/Yen 135.8500 136.7800 -0.67% +3.62% +136.7650 +135.8100 Euro/Yen 144.45 144.92 -0.32% +2.96% +145.0400 +144.3000 Dollar/Swiss 0.9362 0.9424 -0.65% +1.25% +0.9420 +0.9360 Sterling/Dollar $1.2044 $1.1948 +0.82% -0.40% +$1.2046 +$1.1945 Dollar/Canadian 1.3592 1.3595 -0.03% +0.31% +1.3644 +1.3556 Aussie/Dollar $0.6770 $0.6730 +0.59% -0.69% +$0.6772 +$0.6725 Euro/Swiss 0.9953 0.9983 -0.30% +0.59% +0.9999 +0.9948 Euro/Sterling 0.8827 0.8869 -0.47% -0.19% +0.8873 +0.8827 NZ $0.6224 $0.6218 +0.14% -1.95% +$0.6241 +$0.6193 Dollar/Dollar Dollar/Norway 10.3860 10.4360 -0.39% +5.92% +10.4610 +10.3950 Euro/Norway 11.0477 11.0500 -0.02% +5.28% +11.0900 +11.0416 Dollar/Sweden 10.4623 10.5073 -0.06% +0.52% +10.5271 +10.4630 Euro/Sweden 11.1260 11.1322 -0.06% -0.21% +11.1533 +11.1225 (Reporting by Gertrude Chavez-Dreyfuss; Additional reporting by Samuel Indyk in London and Kevin Buckland in Tokyo; Editing by Christopher Cushing, Kim Coghill, Louise Heavens, Christina Fincher and Richard Chang)... - Reddit Posts (Sample): [['u/DisputableSSD', 'Proposal: Modification to the block header to decrease node storage requirements by 60-70%', 95, '2023-05-02 01:57', 'https://www.reddit.com/r/Monero/comments/1355ipf/proposal_modification_to_the_block_header_to/', 'This post was inspired by [a proposal](https://bitcoincashresearch.org/t/chip-2021-07-utxo-fastsync/502) for BitcoinCash.\n\nTLDR: Skip downloading irrelevant data from old transactions. No increase to centralization/trusted-ness, and the extra verification cost is negligible.\n\nKey sections will be bolded, if you just want a general idea.\n\nA new field would be added to the block header. It\'s more-or-less identical to the existing merkle root which commits to every transaction in the block, except each transaction has `rctsig_prunable` removed. This portion of the transaction holds all of the cryptographic proofs, namely the ring signatures and rangeproofs, which represent the majority of a transaction\'s footprint in terms of size. Everything else, including all data necessary to verify future transactions, sync a wallet, and whatever else, are elsewhere in the transaction. Removing this field is, as you may have guessed from the name, how pruning works. This extra 32-byte field would grow the blockchain by less than 9 megabytes per year, and would take less than a millisecond to verify for each block.\n\nCurrently, pruned nodes must download the entire blockchain despite the fact that they only intend to keep about one third of it. This change would allow them to only download the "core" of the transaction, thus skipping the unnecessary work. This would not only reduce the amount of data which each node has to download, but also reduce the overall strain on the network. Additionally, this would technically remove the need for keeping old data at all: the network could function fine with 100% fully-pruned nodes, though in practice it would be good to maintain some full copies, even if not strictly necessary.\n\nThe existing pruning implementation retains a full copy of 1/8 of all blocks, which is also compatible with this proposal. Without going into too much detail, a pruned node will randomly select a "seed" with which it will decide the blocks it wants to keep. On the blocks which it prunes, the pruned transaction set would be download. On blocks which it does not prune, the full transaction set would be downloaded.\n\nBut wait a minute, if nodes don\'t download the proofs from old transactions, doesn\'t that mean we risk accepting invalid transactions? Well yes, but nodes *already* do this. There is a checkpoint system in place, where every transaction before a certain block is automatically assumed to be valid, which drastically reduces the time needed to verify the blockchain. What this means, though, is that every node must download all those old proofs, only to do nothing with them, except for transmit them to other nodes, thus continuing the cycle. New blocks (usually within a few months), which aren\'t explicitly marked as valid within the software, are verified normally. This modification would work the same: new blocks would be fully downloaded as normal. There is no extra risk involved with this change, since checkpoints already do the same thing, just in a less efficient way.\n\nCheckpoints are not unique to Monero, either. Bitcoin has them (albeit, implemented differently), and Ethereum even has a "quick-sync" feature which is similar to this proposal. Most, if not all, other cryptocurrencies have some form of checkpoints, so Monero is not an exception.\n\nThis could be implemented in a future hard fork. It\'s possible to make it a soft fork, similar to SegWit in Bitcoin, but I don\'t think anyone here wants to recreate that mess. This change is also completely compatible with Seraphis, and likely any other potential future transaction protocol, so it\'s future-proof.\n\n\n\n# Edit:\n\nAfter further research, apparently this already exists! Just in a slightly different manner than what I described. The `--sync-pruned-blocks` flag was added in 2019, but from what I can tell it appears to be mostly forgotten about. I\'ve opened [an issue](https://github.com/monero-project/monero/issues/8834) on GitHub, suggesting to enable this by default for pruned nodes. There seems to be no reason why not to, as current pruning behavior means that the node will immediately discard most of the data it just downloaded, when syncing old blocks.', 'https://www.reddit.com/r/Monero/comments/1355ipf/proposal_modification_to_the_block_header_to/', '1355ipf', [['u/bdoc50', 16, '2023-05-02 02:11', 'https://www.reddit.com/r/Monero/comments/1355ipf/proposal_modification_to_the_block_header_to/jii1e6z/', 'This would be great if works as described. Chain "bloat" is the last sticking point for BTC maxi FUD regarding Monero.', '1355ipf'], ['u/gingeropolous', 10, '2023-05-02 02:33', 'https://www.reddit.com/r/Monero/comments/1355ipf/proposal_modification_to_the_block_header_to/jii4c67/', "Then they'll scream centralization because this is essentially accepting a stamp of approval ( afaiui)", '1355ipf'], ['u/Tystros', 27, '2023-05-02 05:35', 'https://www.reddit.com/r/Monero/comments/1355ipf/proposal_modification_to_the_block_header_to/jiirthv/', 'you should post this as an issue on github', '1355ipf'], ['u/DisputableSSD', 11, '2023-05-02 07:34', 'https://www.reddit.com/r/Monero/comments/1355ipf/proposal_modification_to_the_block_header_to/jij3bdc/', 'Done! See the edit on the original post.', '1355ipf']]], ['u/shiraco414', 'If I could go back five years', 34, '2023-05-02 02:09', 'https://www.reddit.com/r/M1Finance/comments/1355su7/if_i_could_go_back_five_years/', 'I would tell myself to stop pretending I knew what I was doing or care to know, and just put my money in VOO and some in VUG.\n\nI would have made more money without stressing myself and looking at my phone all the time. \n\nObviously, I\'m not counting things like "buy bitcoin X date and sell it X date"', 'https://www.reddit.com/r/M1Finance/comments/1355su7/if_i_could_go_back_five_years/', '1355su7', [['u/slut', 26, '2023-05-02 02:16', 'https://www.reddit.com/r/M1Finance/comments/1355su7/if_i_could_go_back_five_years/jii1ztz/', 'M1Finance is the /r/wallstreetbets retirement home', '1355su7']]], ['u/HockeyGold11', '27M - Guidance needed', 20, '2023-05-02 02:20', 'https://www.reddit.com/r/Fire/comments/13561bu/27m_guidance_needed/', "Looking for advice as I think it may be time to change my strategy. I think I am too heavily investing in tax advantaged retirement accounts and wondering if I need to start exploring a taxable brokerage and HYSA.\n\nFinancial Breakdown:\n\n~105k income (about 3.5k expenses in VHCOL – SoCal)\n\n401k - 95k (max + generous employer match of 10-12k/yr)\n\nRoth - 40k (max yearly with some individual holdings like TSLA)\n\nHSA - 4.5k (max)\n\nCrypto - 8k (I buy $400ish bitcoin every month)\n\nI don't really have any savings outside of retirement and crypto. Do I need to tone down the tax advantaged and start building non-retirement or keep the current path?\n\nThanks for any help you can provide.", 'https://www.reddit.com/r/Fire/comments/13561bu/27m_guidance_needed/', '13561bu', [['u/parchedbeluga', 20, '2023-05-02 02:39', 'https://www.reddit.com/r/Fire/comments/13561bu/27m_guidance_needed/jii52ya/', "Continue to max every available tax-advantaged opportunity. You're on the cusp of being able to do so, and your future earnings will take you over that limit where you'll have to contribute to taxable accounts anyway (mega backdoor aside). \n\nThink of it this way - you want funds to grow tax free for as long as possible. Why wouldn't you want those accounts to be maximized as early as possible? Even if you retire before withdrawal age, you'll need money when you're older too. \n\nAlso here's obligatory unsolicited advice to dump your individual holdings. It can work for people who really know what they're doing. Based on where that money is going, you aren't one of those people.", '13561bu'], ['u/o2msc', 25, '2023-05-02 02:42', 'https://www.reddit.com/r/Fire/comments/13561bu/27m_guidance_needed/jii5gl6/', 'You should have about $20,000 in a HYSA as your six month emergency fund. Especially living in a VHCOL area with a more modest income for Southern California. Really no business having that much money going into crypto every month when you don’t have any savings.', '13561bu']]], ['u/Fureasies', 'Hashrate goes brrrr (ATH)', 30, '2023-05-02 03:03', 'https://www.reddit.com/r/Bitcoin/comments/1356yp0/hashrate_goes_brrrr_ath/', '[https://www.coinwarz.com/mining/bitcoin/hashrate-chart](https://www.coinwarz.com/mining/bitcoin/hashrate-chart)\n\n491.15 EH/s (2.5.2023 1.08 am UTC)\n\nhttps://preview.redd.it/0iwlsnpwhbxa1.png?width=983&format=png&auto=webp&v=enabled&s=12ed98b58571320c5b814a0fcc048f1c756de0ec', 'https://www.reddit.com/r/Bitcoin/comments/1356yp0/hashrate_goes_brrrr_ath/', '1356yp0', [['u/Unlikely-Swordfish28', 16, '2023-05-02 03:36', 'https://www.reddit.com/r/Bitcoin/comments/1356yp0/hashrate_goes_brrrr_ath/jiicpq6/', 'i find hashrate so interesting, prob the most bullish signal we have. Someone, somewhere is pouring a lot of resources into mining infrascture, likely a nation state', '1356yp0'], ['u/jamesblacklock', 11, '2023-05-02 05:31', 'https://www.reddit.com/r/Bitcoin/comments/1356yp0/hashrate_goes_brrrr_ath/jiirey7/', 'I\'m going to describe it in a not totally accurate way that may be easier to follow.\n\nHashrate basically roughly represents the number of miners (or "mining units") that are racing to create a block. The more miners there are, the higher the hashrate will go, and that\'s good for numerous reasons:\n\n1. It makes it harder for an attacker to use a 50% attack because the attacker has so much competition\n2. It suggests that mining profitability has probably increased, maybe because of more efficient mining equipment, maybe other reasons\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: ['Highly anticipated layer-1 blockchain Suilaunchestomorrow, but how does it, and its native token SUI, actually work?\nTheproof-of-stakeblockchain, which uses a modified version of the Move programming language, has a cap of 10 billion tokens.\nThe Sui Foundationsaysthat a share of SUI’s total supply will be liquid at its mainnet launch tomorrow. The remaining tokens will be available over the coming years or distributed as future stake rewards.\nSUI will be used to pay gas fees for transactions, staking (to earn rewards), and as part of the network’s governance process. Half the supply of the tokens are allocated to the Community Reserve—a fund managed by theSui Foundation.\nMost of the remaining tokens will be for those who contributed to the project, and 14% will be allocated to investors, the Sui Foundation has said. Sui community members will be able to purchase the SUI token in the early stages of Sui Mainnet.\nSui Token and Network Launch: What You Need to Know\nWhich exchanges will be supporting SUI? A number of smaller exchanges—BitForex, DigiFinex, HotBit and SuperEx—have allowed customers to buy IOU versions of the tokens in advance. Of the major exchanges, Binance, OKX, KuCoin, and ByBit have all made announcements. American citizens and residents are ineligible to receive SUI.\nThe world’s biggest crypto exchangeannouncedlast week that users will first be able to farm SUI via Binance Launcpool, a DeFi platform that allows users to farm new assets. Binance will then list SUI when its liquidity meets the requirement and open trading with SUI/BTC, SUI/USDT, SUI/TUSD and SUI/BNB trading pairs, the company added.\nSUI will also be available via Seychelles-based crypto exchange OKX’s Jumpstart platform,accordingto a blog post. The exchange last month said that users could get involved first via a token allocation lottery where holders of OKB (the exchange’s native token) could buy lottery tickets. Winners of the lottery would then be allowed to buy SUI.\nThe exchange also said it would allow users to view and trade assets on Sui via its OKX mobile app and OKX Wallet web extension.\nKuCoin has said that tokens will be available to investors immediately when the mainnet goes live tomorrow. The trading pair will only be SUI/USDT, and USDT-margined futures will be available at a later date when its liquidity meets the requirement, according to the exchange.\nBybit launched a SUI “recognition sale” last month—only allowing selected community members to snap up the token. Spot trading will be available for retail traders with SUI/USDT and SUI/USDC pairs from tomorrow, the exchange has said.', 'Highly anticipated layer-1 blockchain Sui launches tomorrow, but how does it, and its native token SUI, actually work? The proof-of-stake blockchain, which uses a modified version of the Move programming language, has a cap of 10 billion tokens. The Sui Foundation says that a share of SUI’s total supply will be liquid at its mainnet launch tomorrow. The remaining tokens will be available over the coming years or distributed as future stake rewards. SUI will be used to pay gas fees for transactions, staking (to earn rewards), and as part of the network’s governance process. Half the supply of the tokens are allocated to the Community Reserve—a fund managed by the Sui Foundation . Most of the remaining tokens will be for those who contributed to the project, and 14% will be allocated to investors, the Sui Foundation has said. Sui community members will be able to purchase the SUI token in the early stages of Sui Mainnet. Sui Token and Network Launch: What You Need to Know Which exchanges will be supporting SUI? A number of smaller exchanges—BitForex, DigiFinex, HotBit and SuperEx—have allowed customers to buy IOU versions of the tokens in advance. Of the major exchanges, Binance, OKX, KuCoin, and ByBit have all made announcements. American citizens and residents are ineligible to receive SUI. Binance The world’s biggest crypto exchange announced last week that users will first be able to farm SUI via Binance Launcpool, a DeFi platform that allows users to farm new assets. Binance will then list SUI when its liquidity meets the requirement and open trading with SUI/BTC, SUI/USDT, SUI/TUSD and SUI/BNB trading pairs, the company added. OKX SUI will also be available via Seychelles-based crypto exchange OKX’s Jumpstart platform, according to a blog post. The exchange last month said that users could get involved first via a token allocation lottery where holders of OKB (the exchange’s native token) could buy lottery tickets. Winners of the lottery would then be allowed to buy SUI. Story continues 🌊 Mainnet officially launches this Wednesday at 12:00 PM UTC. Get ready. pic.twitter.com/EBVF9kmCX2 — Sui (@SuiNetwork) April 30, 2023 The exchange also said it would allow users to view and trade assets on Sui via its OKX mobile app and OKX Wallet web extension. KuCoin KuCoin has said that tokens will be available to investors immediately when the mainnet goes live tomorrow. The trading pair will only be SUI/USDT, and USDT-margined futures will be available at a later date when its liquidity meets the requirement, according to the exchange. Bybit 📣 $SUI will be listed on #Bybit Spot on May 3, 12PM UTC. @SuiNetwork Explore $SUI now: https://t.co/OOX2eavzdW #TheCryptoArk #BybitSpot pic.twitter.com/pAXHGlOm8K — Bybit (@Bybit_Official) May 2, 2023 Bybit launched a SUI “recognition sale” last month—only allowing selected community members to snap up the token. Spot trading will be available for retail traders with SUI/USDT and SUI/USDC pairs from tomorrow, the exchange has said.', 'The total fees paid for Ordinal inscriptions topped 272 BTC, around $7.6 million on Tuesday, according to a Dune Analyticsdashboard. On Monday alone, over 372,000 inscriptions were created on the Bitcoin network—contributing to a daily record 682,281 Bitcoin transactions—with daily network fees hitting 23 BTC, or around $656,000.\n“Most of the acceleration is BRC-20,” Trevor Owens, Managing Partner at Bitcoin Frontier Fund, toldDecrypt. The BRC-20 token standard made minting tokens and meme coins on the Bitcoin network possible, clearing the path for over 1 million more inscriptions to be added to the over2.5 millionalready on the Bitcoin network in less than a week.\nIntroduced in March,BRC-20—or Bitcoin Request for Comment number 20—allowed the creation of fungible tokens using the Ordinals protocol launching a new wave of interest in minting NFT-like assets on the Bitcoin blockchain.\nBut while JPEGs are flooding the network, most inscriptions are still text-based.\n“Text inscriptions are lower cost since you pay based on the size of the data,” Owens said. “So they are low-cost high volume, whereas JPEGs and digital media is high cost, low volume.”\nCurrently, the memory usage on the Bitcoin network is over 650 MB, double the initial 300 MB capacity, indicating a higher demand for computer memory due to the increased transactions and fuller blocks, according to data fromMempool. This increase may make running a node more challenging, but Ordinals proponents say it secures and strengthens the network.\n“As long as the value gained from minting BRC-20 tokens is higher than the value lost to the inscription fees, we will see fees on Bitcoin continue to climb,” pseudonymous Twitter user @LeonidasNFT said, adding that higher fees on Bitcoin are a very good thing.\n“It indicates strong demand for Bitcoin’s block space, which is critical for the long-term success of the protocol,” Leonidas said. “The days of only using Bitcoin to transfer BTC to your hardware wallet once every few years have come to an end.”\nBitcoin NFT Mints Surpass 200K—But Is Interest in Ordinals Fading?\nHigh fees benefit the Bitcoin blockchain by incentivizing miners, prioritizing valuable transactions, and enhancing network security. However, while loading up the Bitcoin blockchain with JPEGs and sending fees skyrocketing may be good for miners and the network’s security, it puts a higher price tag on transactions on the network.\n“In February, we inscribed the Taproot Wizards collection, which took over 80MB of Bitcoin block space,” Taproot Wizardstweeted. “But now bitcoin transaction fees are so high, that if we tried inscribing the 80MB of wizards today, the fees would’ve cost us 32 BTC. Almost $1 million dollars.”\n“I think this is the best thing that could have happened to Bitcoin,” Owens said, pointing out that the launch and development of Ordinals did not require changing the Bitcoin base protocol. “We’ve unlocked new use cases to bring in liquidity, new users, and lots of developers making Bitcoin more valuable through better user experience and more use cases is what we need to reach mass adoption.”', 'The total fees paid for Ordinal inscriptions topped 272 BTC, around $7.6 million on Tuesday, according to a Dune Analyticsdashboard. On Monday alone, over 372,000 inscriptions were created on the Bitcoin network—contributing to a daily record 682,281 Bitcoin transactions—with daily network fees hitting 23 BTC, or around $656,000.\n“Most of the acceleration is BRC-20,” Trevor Owens, Managing Partner at Bitcoin Frontier Fund, toldDecrypt. The BRC-20 token standard made minting tokens and meme coins on the Bitcoin network possible, clearing the path for over 1 million more inscriptions to be added to the over2.5 millionalready on the Bitcoin network in less than a week.\nIntroduced in March,BRC-20—or Bitcoin Request for Comment number 20—allowed the creation of fungible tokens using the Ordinals protocol launching a new wave of interest in minting NFT-like assets on the Bitcoin blockchain.\nBut while JPEGs are flooding the network, most inscriptions are still text-based.\n“Text inscriptions are lower cost since you pay based on the size of the data,” Owens said. “So they are low-cost high volume, whereas JPEGs and digital media is high cost, low volume.”\nCurrently, the memory usage Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-03 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $555,230,440,625 - Hash Rate: 341432463.6274834 - Transaction Count: 489559.0 - Unique Addresses: 728440.0 Social & AI Sentiment: - Fear & Greed Index: 0.64 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: • US stocks fell on Tuesday as the Federal Reserve kicks off its May FOMC meeting today. • Fed Chairman Jerome Powell is expected to announce a 25-basis-point interest rate hike on Wednesday. • Powell's remarks will be closely monitored by traders for clues of a potential pause in rate hikes after recent bank failures. US stocks edged lower on Tuesday as traders prep for the Federal Reserve's May FOMC meeting, which is expected to conclude with a 25-basis-point interest rate hike on Wednesday. Investors will also be looking to Fed Chairman Jerome Powell's press conference for any clues that a pause in future rate hikes is imminent, especially after First Republic Bank became the third bank to collapse in recent months. Investors also have their eyes on corporate earnings, with Apple set to report their results after the market close on Thursday. So far, earnings have held up better than analyst estimates. With 57% of S&P 500 companies having already reported results, 80% are beating profit estimates by a median of 8% while 74% are beating revenue estimates by a median of 3%, according to Fundstrat. Here's where US indexes stood shortly after the 9:30 a.m. ET opening bell on Tuesday: • S&P 500:4,158.30, down 0.23% • Dow Jones Industrial Average:33,974.44, down 0.23% (77.26 points) • Nasdaq Composite:12,190.87, down 0.18% Here's what else is happening this morning: • Robinhood mistakenly told its users that AMC Entertainment had filed for bankruptcyMonday, drawing the ire of the theater chain's boss. • Citigroup CEO Jane Fraser said the worst of the ongoing banking uncertainty is likely overafter JPMorgan struck a deal to take over First Republic Bank. • EconomistMohamed El-Erian warned of "collateral damage" from JPMorgan's takeoverof First Republic and said there could be four unintended consequences of the deal. In commodities, bonds and crypto: • West Texas Intermediate crudeoil fell 1.31% to $74.67 per barrel.Brent crude, oil's international benchmark, dropped 1.20% to $78.36. • Goldrose 0.10% to $1,994.20 per ounce. • The yield on the 10-year Treasury fell two basis point to 3.55%. • Bitcoin was flat at $28,087, while ether rose 0.05% to $1,832. Read the original article onBusiness Insider... - Reddit Posts (Sample): [['u/kryptoNoob69420', "Balaji Srinivasan 'Burns' $1 Million in Bitcoin to Prove a Point", 17, '2023-05-03 00:10', 'https://www.reddit.com/r/CryptoCurrency/comments/1361zyp/balaji_srinivasan_burns_1_million_in_bitcoin_to/', 'Dude kept his word and paid up. I wish more rich people like Robert Kiyosaki and Michael Burry would have the guts to make similar bets while making their lame predictions.', 'https://decrypt.co/138632/balaji-srinivasan-burns-1-million-bitcoin', '1361zyp', [['u/kryptoNoob69420', 14, '2023-05-03 00:15', 'https://www.reddit.com/r/CryptoCurrency/comments/1361zyp/balaji_srinivasan_burns_1_million_in_bitcoin_to/jimdnhw/', '"Today, he said the bet had been “closed out by mutual agreement” and settled early, giving $500,000 to poverty charity Give Directly, $500,000 to Bitcoin core developers, and $500,000 to Medlock. "\n\nThat\'s a good donation to charity and to the Bitcoin devs. Dude made a stupid bet but paid up without any bullshit or excuses.', '1361zyp']]], ['u/azchronic', 'Might sound like stupid question, but does it really matter if initial BTC or XMR purchase is made with ID?', 31, '2023-05-03 03:24', 'https://www.reddit.com/r/darknet/comments/1366j1c/might_sound_like_stupid_question_but_does_it/', 'Hypothetically if you were to run it through multiple mixers / wallets after would the initial KYC information matter? Asking for a close friend who is pretty stupid and dumb.', 'https://www.reddit.com/r/darknet/comments/1366j1c/might_sound_like_stupid_question_but_does_it/', '1366j1c', [['u/AridDarkness', 19, '2023-05-03 03:41', 'https://www.reddit.com/r/darknet/comments/1366j1c/might_sound_like_stupid_question_but_does_it/jin5gty/', 'No. You should be more than fine buying btc clear then transfer it into monero', '1366j1c'], ['u/[deleted]', 48, '2023-05-03 03:50', 'https://www.reddit.com/r/darknet/comments/1366j1c/might_sound_like_stupid_question_but_does_it/jin6sr1/', 'Monero, unlike Bitcoin, is electronic cash.\n\nHaving Monero in your wallet is exactly like having cash in your wallet. It doesn\'t matter that you got it from the bank and they have your ID and account number... the moment you walk out of the bank with the funds in your wallet, "they" can\'t tell what happens anymore.\n\nJust use Monero. Fuck surveillance. Fuck Bitcoin.', '1366j1c'], ['u/Adventurous-Tax-4356', 69, '2023-05-03 03:59', 'https://www.reddit.com/r/darknet/comments/1366j1c/might_sound_like_stupid_question_but_does_it/jin836o/', 'BTC- yes, even with mixers the ability to trace entire path is proven to be easy now which is why mixers are pointless \n\nXMR- no, not at the moment, as long as you transfer to other wallet(s). But may be possible in the future', '1366j1c'], ['u/Brandon209999', 13, '2023-05-03 04:13', 'https://www.reddit.com/r/darknet/comments/1366j1c/might_sound_like_stupid_question_but_does_it/jin9ymw/', 'Finally a good answer', '1366j1c'], ['u/dreamyxlanters', 11, '2023-05-03 05:32', 'https://www.reddit.com/r/darknet/comments/1366j1c/might_sound_like_stupid_question_but_does_it/jinjz4g/', 'First, you should only using XMR and not BTC \n\nSecond, no it does not matter. Let’s say you buy some XMR from Kraken, and you use your ID to buy it. The only thing they can see is the wallet you sent it to. Personally, when I buy mine it goes through 3 wallets before I’m doing anything with it. \n\nCompanies already have your information, it’s sold everyday. It makes no difference, and they can’t see what you’ve done with it or where it went.', '1366j1c']]], ['u/breakfastpete', "When buttcoin fails, I don't look forward to the rationalizations and excuses from the butters.", 49, '2023-05-03 03:42', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/', 'Long time lurker, first time poster. I just wanted to say that when this house of cards comes tumbling down on the bitcoin endeavor (maybe with the collapse of Tether?) the anger from the butter-faithfuls will be overwhelming I\'m sure. I mean, I don\'t doubt that there will be many people who were "in it for the money" who will simply roll with the punches and just go on with their lives.\n\n\n\n\nBut what I don\'t look forward to are the buttcoin faithfuls who will still insist that the technology is awesome and will blame everybody but themselves for the failure. I can just see them blaming the government, blaming mainstream media, Biden, and they might even blame lizard Jews or some such nonsense. And I personally don\'t look forward to see that bullshit from idiots who place the blame of their financial frustration on some stupid false-conspiracy rather than use the moment to re-examine their own decisions.', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/', '1366x3z', [['u/[deleted]', 13, '2023-05-03 03:56', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/jin7nfl/', "Oh yeah, get ready for 30 years of conspiracy theories of why it didn't work out.", '1366x3z'], ['u/FoulmouthedGiftHorse', 38, '2023-05-03 04:00', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/jin83me/', 'They’ll blame the government.\n\nIf the government enacts legislation and regulations to curtail the scams, fraudulent exchanges and stablecoins, it will crash - they’ll blame the government for killing it. If the government does nothing, the scams will implode under their own fraud and it will crash - they will blame the government for not doing enough to protect them.', '1366x3z'], ['u/SilentButDeadlySquid', 58, '2023-05-03 04:06', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/jin8wtp/', 'Go here: https://www.reddit.com/r/BBBY\n\nI think it will be something like this. Of course they believe that is what it will be like when the entire world economy fails.', '1366x3z'], ['u/NewKitchenFixtures', 18, '2023-05-03 04:07', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/jin941i/', 'I’d expect it to be like the BBBY stuff. Seeing that gave me a better idea of what is behind bitcoin as there are no reasons to obscure intentions once they reach curtain call.\n\nThat said, without an underlying asset or thing to go bankrupt (like a dead company for a meme stock) there is nothing to force an end. And in a closed loop the value on coins may hold in some disconnected world on its own indefinitely.\n\nEven if there are no off ramps and there are five proof of work servers left in the world.', '1366x3z'], ['u/LloydBrahn', 10, '2023-05-03 04:30', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/jinc7em/', 'That shit is amazing. Pure cult nut jobs that have completely lost the plot. Literally still think bbby is gonna “MOASS”. Still', '1366x3z'], ['u/hoenndex', 21, '2023-05-03 05:12', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/jinhnhv/', 'Which is pretty hilarious considering one of their common phrases is that Bitcoin is censorship proof. They claim there is no way government can kill crypto, when there are so many ways it could be done.', '1366x3z'], ['u/Rokos_Bicycle', 13, '2023-05-03 07:42', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/jinx9x4/', 'That is fucking wild', '1366x3z'], ['u/Iazo', 13, '2023-05-03 09:14', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/jio48oy/', 'If there are a bunch of morons eating a turd and one asks: "Is there anything that would make you change your mind towards eating a turd?" ...well, that\'s not the gotcha what you imagine it to be.\n\nBitcoin is shit. There are SOME circumstances is which maybe a cryptocoin would be not shit, but bitcoin is not it. The scam-friendly model in which access is equal to ownership, the intolerance to mistakes, the transaction throughput, the deflationary model, the idiotic energy waste, the inaccesibility, and more, cause this is just off the top of my head.\n\nNote, all this is INDIFFERENT to the price of butts. It matters to the butters, but the foibles are structural, and would be there regardles of whether butts are wash traded at 500$ or 100k$.', '1366x3z'], ['u/AtJackBaldwin', 21, '2023-05-03 09:59', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/jio7arc/', 'A bricks and mortar homewares store which is bankrupt. People invested in it through social media hype which turned into a massive pump and dump, now the only ones left are Q-adjacent weirdos who think that some superhero investor is going to swoop in and pay them thousands of dollars per share because of reasons.', '1366x3z'], ['u/Hayden3456', 21, '2023-05-03 10:10', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/jio81pr/', 'Also checkout r/gme_meltdown for the highlights', '1366x3z'], ['u/Siccors', 12, '2023-05-03 11:32', 'https://www.reddit.com/r/Buttcoin/comments/1366x3z/when_buttcoin_fails_i_dont_look_forward_to_the/jiodg4t/', 'The problem is you have such a wide range of tokens. I will never change my opinion regarding Bitcoin, since destroying the environment is simply not needed for a financial system. \n\nRegarding others which don\'t destroy the environment, I am not a libertarian, so also not hugely in favour of letting free market handle everything. But to be convinced it has a future I would at least need to see it being used often in real life, and preferably with advantages compared to what I already got now. So just numbers go up would not convince me. \n\n(Only \'relation\' between crypto and nutrition I am aware of is the absolute bullshit from Bitcoin maxis regarding "fiat food", I hope yours is not related to that).', '1366x3z... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 mining investment service diversifies the growing company\'s offerings, aims to simplify digital asset mining and make it more accessible SEOUL, South Korea , May 3, 2023 /PRNewswire/ -- Haru Invest , a leading digital asset management platform, today announced the launch of its crypto mining product Haru Mining in partnership with Canadian crypto miner Pow.re . Haru Invest logo (PRNewsfoto/Haru Invest) Haru Mining represents a strategic expansion of Haru Invest\'s suite of digital asset investment services, opening users to earn strong returns from the company\'s access to environmentally friendly crypto mining via its recent investment in stranded energy miner Pow.re . Users who lock-up a minimum of 20 USDT for three years can earn an annual dividend rate of up to 16% based on returns from Pow.re\'s digital asset mining. "At Haru Invest, we believe everyone deserves the opportunity to achieve financial freedom and are strong advocates in driving mass adoption of crypto by making investing, and now mining, easier and more accessible for all," said Hugo Lee , CEO of Haru Invest. "Mining has always been an area of interest for Haru Invest, and we\'re excited to partner with Pow.re to help diversify our products and utilize environmentally-friendly methods for mining activities. Sustainable Mining and Stable Returns Haru Invest began mining Bitcoin in January 2023 following a $9M Series A investment it led into Pow.re, which uses only renewable energy and strives to develop environmentally friendly and effective mining. Pow.re has been mining for years and its mining facilities are approved by the Canadian and Paraguayan governments. Haru Invest\'s partnership with an existing, experienced and trusted digital asset mining business enables it to deliver strong returns for users of its new mining investment product, Haru Mining. Because Haru Invest has been mining since January \x97 when the price of Bitcoin was around $16,500 , roughly 40% lower than its current price \x97 it already holds significant dividends for payouts of its new mining tool. Story continues How Haru Mining Works Investor deposits will go toward expanding Haru Invest\'s mining facilities so the company can add additional miners and mining devices, and investors\' principal will be guaranteed based on profit from the new miners. Its mining investment product offers users a long-term investment vehicle with competitive earn rates and no principal loss. More details on Haru Mining: Lockup period: 3 years Principal: USDT Annual Dividend rate: Up to 16% Payout: BTC Price of Bitcoin : CoinMarketCap\'s closing price 2 days before the round opens Minimum lockup amount: 20 USDT First sale pool size: 2,000,000 USDT First round open date: April 24th First round end date: When pool reaches its limit Haru Invest offers users three core crypto investment products and features some of the highest crypto earn rates in the market, with up to 16% APR, powered by its strong in-house digital asset management teams who employ high-frequency algorithmic trading strategies that take advantage of market inefficiencies and gaps to generate profits. Since its founding in 2019, Haru Invest has processed more than $2.27B in total transaction volume across more than 140 countries, has paid out earnings over 9.7 million times and has never experienced a security breach, missed earnings payout or failed withdrawal. To learn more about Haru Invest and its new mining product, visit https://haruinvest.com/mining . About Haru Invest Haru Invest, a subsidiary service brand of Block Crafters, is a successful CeFi digital asset investment platform that built a secure bridge between crypto investment services, decentralized, and traditional finance, with $2.27 billion in total transaction volume. Haru Invest supports five crypto assets \x97 Bitcoin , Ether, Tether, Ripple and USDC \x97 with a tier of investment strategies, Earn Plus and Earn Explore. The Haru Invest team has over five years\' experience in diverse strategies of crypto fund management, based on a trading model that takes advantage of market inefficiencies to generate stable profits. With users in over 140 countries, Haru Invest is committed to educating and guiding crypto owners at all levels to achieve stable and profitable digital asset investment goals. For more information: SHIFT Communications [email protected] Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/haru-invest-continues-expansion-with-haru-mining-a-new-crypto-mining-investment-product-in-partnership-with-powre-301815363.html SOURCE Haru Invest', 'New mining investment service diversifies the growing company\'s offerings, aims to simplify digital asset mining and make it more accessible SEOUL, South Korea , May 3, 2023 /PRNewswire/ -- Haru Invest , a leading digital asset management platform, today announced the launch of its crypto mining product Haru Mining in partnership with Canadian crypto miner Pow.re . Haru Invest logo (PRNewsfoto/Haru Invest) Haru Mining represents a strategic expansion of Haru Invest\'s suite of digital asset investment services, opening users to earn strong returns from the company\'s access to environmentally friendly crypto mining via its recent investment in stranded energy miner Pow.re . Users who lock-up a minimum of 20 USDT for three years can earn an annual dividend rate of up to 16% based on returns from Pow.re\'s digital asset mining. "At Haru Invest, we believe everyone deserves the opportunity to achieve financial freedom and are strong advocates in driving mass adoption of crypto by making investing, and now mining, easier and more accessible for all," said Hugo Lee , CEO of Haru Invest. "Mining has always been an area of interest for Haru Invest, and we\'re excited to partner with Pow.re to help diversify our products and utilize environmentally-friendly methods for mining activities. Sustainable Mining and Stable Returns Haru Invest began mining Bitcoin in January 2023 following a $9M Series A investment it led into Pow.re, which uses only renewable energy and strives to develop environmentally friendly and effective mining. Pow.re has been mining for years and its mining facilities are approved by the Canadian and Paraguayan governments. Haru Invest\'s partnership with an existing, experienced and trusted digital asset mining business enables it to deliver strong returns for users of its new mining investment product, Haru Mining. Because Haru Invest has been mining since January \x97 when the price of Bitcoin was around $16,500 , roughly 40% lower than its current price \x97 it already holds significant dividends for payouts of its new mining tool. Story continues How Haru Mining Works Investor deposits will go toward expanding Haru Invest\'s mining facilities so the company can add additional miners and mining devices, and investors\' principal will be guaranteed based on profit from the new miners. Its mining investment product offers users a long-term investment vehicle with competitive earn rates and no principal loss. More details on Haru Mining: Lockup period: 3 years Principal: USDT Annual Dividend rate: Up to 16% Payout: BTC Price of Bitcoin : CoinMarketCap\'s closing price 2 days before the round opens Minimum lockup amount: 20 USDT First sale pool size: 2,000,000 USDT First round open date: April 24th First round end date: When pool reaches its limit Haru Invest offers users three core crypto investment products and features some of the highest crypto earn rates in the market, with up to 16% APR, powered by its strong in-house digital asset management teams who employ high-frequency algorithmic trading strategies that take advantage of market inefficiencies and gaps to generate profits. Since its founding in 2019, Haru Invest has processed more than $2.27B in total transaction volume across more than 140 countries, has paid out earnings over 9.7 million times and has never experienced a security breach, missed earnings payout or failed withdrawal. To learn more about Haru Invest and its new mining product, visit https://haruinvest.com/mining . About Haru Invest Haru Invest, a subsidiary service brand of Block Crafters, is a successful CeFi digital asset investment platform that built a secure bridge between crypto investment services, decentralized, and traditional finance, with $2.27 billion in total transaction volume. Haru Invest supports five crypto assets \x97 Bitcoin , Ether, Tether, Ripple and USDC \x97 with a tier of investment strategies, Earn Plus and Earn Explore. The Haru Invest team has over five years\' experience in diverse strategies of crypto fund management, based on a trading model that takes advantage of market inefficiencies to generate stable profits. With users in over 140 countries, Haru Invest is committed to educating and guiding crypto owners at all levels to achieve stable and profitable digital asset investment goals. For more information: SHIFT Communications [email protected] Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/haru-invest-continues-expansion-with-haru-mining-a-new-crypto-mining-investment-product-in-partnership-with-powre-301815363.html SOURCE Haru Invest', 'New mining investment service diversifies the growing company\'s offerings, aims to simplify digital asset mining and make it more accessible SEOUL, South Korea , May 3, 2023 /CNW/ -- Haru Invest , a leading digital asset management platform, today announced the launch of its crypto mining product Haru Mining in partnership with Canadian crypto miner Pow.re . Haru Invest logo (PRNewsfoto/Haru Invest) Haru Mining represents a strategic expansion of Haru Invest\'s suite of digital asset investment services, opening users to earn strong returns from the company\'s access to environmentally friendly crypto mining via its recent investment in stranded energy miner Pow.re . Users who lock-up a minimum of 20 U Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-04 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $562,300,669,362 - Hash Rate: 351888475.1483047 - Transaction Count: 491123.0 - Unique Addresses: 680011.0 Social & AI Sentiment: - Fear & Greed Index: 0.64 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Stocks rallied on Wednesday as investors eyed the end of an eventful month and first quarter of the year marked by resiliency in the face of a bank crisis and looming questions about the global economy. At the closing bell, the S&P 500 ( ^GSPC ) was up 1.1%, the Dow Jones Industrial Average ( ^DJI ) was higher by 1%, and the tech-heavy Nasdaq Composite ( ^IXIC ) led gains, rising 1.8%. With the first quarter set to wrap up Friday, the Nasdaq is sitting on gains north of 13%, the S&P 500 is up more than 4.5% so far this year, and the Dow is lagging, falling 1.3% in 2023. This relative performance is a reversal from what was seen last year, when the Nasdaq fell nearly 30%, the S&P 500 lost over 18%, and the Dow fell a more modest 9%. The price of crude oil was volatile on Wednesday, trading below $73 after having changed hands north of $74 earlier in morning trade. The 10-year yield stood near 3.55%. Bitcoin ( BTC-USD ) was also notably higher, rising more than 5% to trade north of $28,000. So far this year, bitcoin has gained more than 70%. Wednesday's move higher in the major averages came amid a somewhat slower calendar for corporate and economic news, with earnings last night from Micron Technology ( MU ) and Lululemon ( LULU ) serving as the key highlights during the trading session. Micron shares were up more than 7% on Wednesday after the chip giant last night suggested the battered chip business could be turning a corner, with CEO Sanjay Mehrotra telling investors "we are close to a transition to sequential revenue growth in our quarterly results." Micron reported revenues for its fiscal second quarter on Tuesday that were down about 10% from the prior quarter and more than 50% lower than the same period last year. Mehrotra also called out the potential positive impacts that recent investor enthusiasm around AI advances could have on the industry, telling investors: "Recent developments in artificial intelligence (AI) provide an exciting prelude to the transformational capabilities of large language models, or LLMs, such as ChatGPT, which require significant amounts of memory and storage to operate. We are only in the very early stages of the widespread deployment of these AI technologies and potential exponential growth in their commercial use cases." Story continues Lululemon shares, meanwhile, were up more than 12% on Wednesday after reporting top and bottom line results that beat estimates , with revenue rising 30% in the fourth quarter as comparable store sales rose 27%. On the economic data side, data on pending home sales from the National Association of Realtors showed homes under contract rose for the third-straight month in February. A Lululemon sign is seen at a shopping mall in San Diego, California, U.S., November, 23, 2022. REUTERS/Mike Blake (Mike Blake / reuters) 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... - 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: ['Tech startup Fedi has raised $17 million in an effort to make Bitcoin easier for newbies to use and grasp through the use of private and scalable "federations."\n"Fedi, as a company, aims to empower communities everywhere by accelerating the adoption of technologies like Bitcoin and Lightning—and rolling out Fedimint federations to communities and companies worldwide is how we intend to do it," Fedi CEO and co-founder Obi Nwosu toldDecrypt.\nFedimint federationsare a cryptographic Bitcoin tool that allows users to set up communities—which could be made up of friends, neighbors, businesses, or any other loosely coupled group of people—for custodying Bitcoin and Lightning together.\nStepping back for a minute, Bitcoin stands out from traditional digital money because it allows users to have control of their assets, rather than trust them in the hands of a third party. It’s kind of like digital cash. But, most users end up storing their money on exchanges or custodial wallets anyway because self-custody takes time to learn.\nLightning Labs Aims to Help \'Bring Bitcoin to Billions\' With Latest Upgrade\nFedi wants to use federations to provide a way of using Bitcoin that\'s easy, and gives users more security than traditional Bitcoin wallets. It works because rather than just one custodian being in charge, the Fedimint protocol allows power to be distributed amongst a number of custodians, making it harder for any single entity to run off with the funds.\n"The main advantages of the Fedimint protocol are that it provides an incredibly powerful yet simple way to use Bitcoin without requiring a single point of trust or control, it allows Bitcoin to scale to billions of users, and it enables builders to extend the functionality of the Bitcoin ecosystem more powerfully and easily than current smart contract, DeFi, and Web3 solutions on alternative blockchains," Nwosu said.\nWhat You Need to Know About the Bitcoin \'Privacy War\'\nAdditionally, Fedi claims to provide more privacy than the most popular Bitcoin wallets. Under the hood, the Fedimint protocol obscures who\'s a part of a federation and how much Bitcoin each user has, so that the custodians can’t see any of these details.\nFedi also has plans to go beyond Bitcoin with a "federated operating system" that would allow "a Fedi user to take control of their money and data by utilizing one or more trusted federations of their choosing,” Nwosu said.\n"One of Fedi\'s in-built features will be a wallet, but chat, web browsing, and application execution will also be significant capabilities," he added. The team plans to release an Alpha version of its product geared towards developers by the end of the month.', 'Tech startup Fedi has raised $17 million in an effort to make Bitcoin easier for newbies to use and grasp through the use of private and scalable "federations." "Fedi, as a company, aims to empower communities everywhere by accelerating the adoption of technologies like Bitcoin and Lightning—and rolling out Fedimint federations to communities and companies worldwide is how we intend to do it," Fedi CEO and co-founder Obi Nwosu told Decrypt . Fedimint federations are a cryptographic Bitcoin tool that allows users to set up communities—which could be made up of friends, neighbors, businesses, or any other loosely coupled group of people—for custodying Bitcoin and Lightning together. Stepping back for a minute, Bitcoin stands out from traditional digital money because it allows users to have control of their assets, rather than trust them in the hands of a third party. It’s kind of like digital cash. But, most users end up storing their money on exchanges or custodial wallets anyway because self-custody takes time to learn. Lightning Labs Aims to Help \'Bring Bitcoin to Billions\' With Latest Upgrade Fedi wants to use federations to provide a way of using Bitcoin that\'s easy, and gives users more security than traditional Bitcoin wallets. It works because rather than just one custodian being in charge, the Fedimint protocol allows power to be distributed amongst a number of custodians, making it harder for any single entity to run off with the funds. "The main advantages of the Fedimint protocol are that it provides an incredibly powerful yet simple way to use Bitcoin without requiring a single point of trust or control, it allows Bitcoin to scale to billions of users, and it enables builders to extend the functionality of the Bitcoin ecosystem more powerfully and easily than current smart contract, DeFi, and Web3 solutions on alternative blockchains," Nwosu said. What You Need to Know About the Bitcoin \'Privacy War\' Story continues Additionally, Fedi claims to provide more privacy than the most popular Bitcoin wallets. Under the hood, the Fedimint protocol obscures who\'s a part of a federation and how much Bitcoin each user has, so that the custodians can’t see any of these details. Fedi also has plans to go beyond Bitcoin with a "federated operating system" that would allow "a Fedi user to take control of their money and data by utilizing one or more trusted federations of their choosing,” Nwosu said. "One of Fedi\'s in-built features will be a wallet, but chat, web browsing, and application execution will also be significant capabilities," he added. The team plans to release an Alpha version of its product geared towards developers by the end of the month.', 'Tech startup Fedi has raised $17 million in an effort to make Bitcoin easier for newbies to use and grasp through the use of private and scalable "federations."\n"Fedi, as a company, aims to empower communities everywhere by accelerating the adoption of technologies like Bitcoin and Lightning—and rolling out Fedimint federations to communities and companies worldwide is how we intend to do it," Fedi CEO and co-founder Obi Nwosu toldDecrypt.\nFedimint federationsare a cryptographic Bitcoin tool that allows users to set up communities—which could be made up of friends, neighbors, businesses, or any other loosely coupled group of people—for custodying Bitcoin and Lightning together.\nStepping back for a minute, Bitcoin stands out from traditional digital money because it allows users to have control of their assets, rather than trust them in the hands of a third party. It’s kind of like digital cash. But, most users end up storing their money on exchanges or custodial wallets anyway because self-custody takes time to learn.\nLightning Labs Aims to Help \'Bring Bitcoin to Billions\' With Latest Upgrade\nFedi wants to use federations to provide a way of using Bitcoin that\'s easy, and gives users more security than traditional Bitcoin wallets. It works because rather than just one custodian being in charge, the Fedimint protocol allows power to be distributed amongst a number of custodians, making it harder for any single entity to run off with the funds.\n"The main advantages of the Fedimint protocol are that it provides an incredibly powerful yet simple way to use Bitcoin without requiring a single point of trust or control, it allows Bitcoin to scale to billions of users, and it enables builders to extend the functionality of the Bitcoin ecosystem more powerfully and easily than current smart contract, DeFi, and Web3 solutions on alternative blockchains," Nwosu said.\nWhat You Need to Know About the Bitcoin \'Privacy War\'\nAdditionally, Fedi claims to provide more privacy than the most popular Bitcoin wallets. Under the hood, the Fedimint protocol obscures who\'s a part of a federation and how much Bitcoin each user has, so that the custodians can’t see any of these details.\nFedi also has plans to go beyond Bitcoin with a "federated operating system" that would allow "a Fedi user to take control of their money and data by utilizing one or more trusted federations of their choosing,” Nwosu said.\n"One of Fedi\'s in-built features will be a wallet, but chat, web browsing, and application execution will also be significant capabilities," he added. The team plans to release an Alpha version of its product geared towards developers by the end of the month.', 'SINGAPORE --News Direct-- BingX SINGAPORE - Media OutReach - 5 May 2023 - BingX, one of the leading cryptocurrency exchange, is pleased to announce that it has initiated research on BRC-20 , an emerging token standard on blockchain. The recent popularity of the BRC-20 token standard of Bitcoin, particularly after the recent rise of the memecoin, has resulted in the creation of over 8,000 unique tokens using the BRC-20 standard, with the majority of them being memecoins like Ordinals ($ ORDI ) and Memetic ($MEME). In comparison to the hundreds of thousands of ERC-20 tokens on Ethereum to only 8,000 BRC-20, the BingX research team is committed to conducting thorough analyses of various BRC20 projects. It is crucial that the research is carried out promptly to ensure that BingX traders have a strategic advantage while also providing them with a safe investing experience. "Our team is excited to embark on this journey to research BRC20 token standard. Our goal is to provide our traders with access to the most innovative tokens in the market while ensuring their financial safety," said Elvisco Carrington, PR and Communications Director of BingX. BingX is committed to identifying promising BTC NFT projects and forging partnerships with them, ensuring that top BRC20 coins are well-audited. Our mission is to equip our traders with the best tools and knowledge to make informed investment decisions. Stay tuned for further updates from BingX as we continue to research and explore new ways to provide our traders with the best possible trading experience. About BingX Founded in 2018, BingX is a leading crypto exchange that offers spot, derivatives, copy, and grid trading services to over 100 countries and regions worldwide with over 5 million users. BingX continues to connect users with expert traders and the platform in a safe and innovative way. Additionally, Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-05 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $558,953,406,000 - Hash Rate: 283977798.47865146 - Transaction Count: 411429.0 - Unique Addresses: 652054.0 Social & AI Sentiment: - Fear & Greed Index: 0.61 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Join the most important conversation in crypto and web3! Secure your seat today 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. Bitcoin broke the $30,000 level for thefirst time since Juneon Tuesdayas March's banking turbulence fades farther into the distance and investors grow more optimistic about the Federal Reserve's monetary policy. Bitcoin was up 6% in the past 24 hours to $30,100. Trading volume, however, remains low, according to Matteo Bottacini, a trader at Crypto Finance AG. “This indicates that few are taking profits from the year-end low and new buyers are still hesitant to enter the market,” Bottacini wrote in a morning note.Crypto-related stocks also climbedon the back of bitcoin’s rise. Marathon Digital (MARA), Coinbase (COIN) and MicroStrategy (MSTR) all rose on Monday and were up further in premarket trading on Tuesday. Tyler and Cameron Winklevoss recentlylenttheir Gemini cryptocurrency exchange $100 million to support the business amid the market downturn,Bloomberg reported. The brothers provided the loan after trying to get outside investment for Gemini, Bloomberg said, citing anonymous sources. A Gemini spokesperson didn't immediately respond to a CoinDesk request for comment. The $100 million figure stands out in part because that equals the amount Gemini agreed to give some of its customers as part of the Genesis bankruptcy case. Genesis, which, like CoinDesk, is owned by Digital Currency Group, froze withdrawals in the aftermath of crypto exchange FTX's collapse last year, a decision that locked up money for customers of Gemini's Earn yield product. Millions of Aptos Labs' APT tokenswill be unlockedon Wednesday in a planned move that’s set to increase the circulating supply by 0.5%, data shows.APT rose nearly 8% in the past 24 hours, according to CoinGecko. The Aptos network has a market cap of over $2.3 billion, and the APT unlock is valued at over $50 million based on current prices. Unlocks refer to the automatic release of new tokens belonging to any blockchain network into the open market. They are often previously planned. Aptos is a blockchain that was founded by former employers of Facebook's parent company, Meta Platforms (META), after Facebook abandoned its own plans to create a blockchain-based payments network called Diem (formerly Libra). • The chart shows changes in bitcoin's 30-day rolling correlation with gold and U.S. equities since June 2021. • Bitcoin's correlation with gold has topped 50%, surpassing the cryptocurrency's positive correlation with stocks. • In other words, bitcoin's immediate prospects are more closely tied to gold than stocks. • "Combined with on-chain data showing that the share of BTC long-term holders is steadily increasing, this could indicate that the attractiveness of BTC as a safe-haven asset is on the rise," Paris-based crypto data provider Kaiko said. • Bitcoin Shorts Take on 87% of Futures Liquidations as BTC Crosses $30K • AI-Focused Blockchain CryptoGPT Raises $10M Funding at $250M Valuation • Montenegro's Central Bank to Develop CBDC Pilot With Ripple... - Reddit Posts (Sample): [['u/Normal-Knowledge4857', 'What speed to move into BTC', 13, '2023-05-05 01:42', 'https://www.reddit.com/r/Bitcoin/comments/13842l3/what_speed_to_move_into_btc/', 'If hypothetically you had 500k in cash today, how would you move that into BTC? All in one go? DCA $1k a day? $10k a day?', 'https://www.reddit.com/r/Bitcoin/comments/13842l3/what_speed_to_move_into_btc/', '13842l3', [['u/ElderBlade', 22, '2023-05-05 02:03', 'https://www.reddit.com/r/Bitcoin/comments/13842l3/what_speed_to_move_into_btc/jiwfc2v/', 'My answer is the same if you had $10k or $1k. Buy with half now, and dca the rest.', '13842l3'], ['u/Jasonmun8', 14, '2023-05-05 02:39', 'https://www.reddit.com/r/Bitcoin/comments/13842l3/what_speed_to_move_into_btc/jiwjwf2/', '100k immediately then dca 50k every 2k drop', '13842l3'], ['u/Top-Dragonfruit-8199', 14, '2023-05-05 05:07', 'https://www.reddit.com/r/Bitcoin/comments/13842l3/what_speed_to_move_into_btc/jix2eo4/', 'I’d do $250k immediately. $1k every Monday auto DCA and I’d be passively watching the chart for big dips to throw $2k-$20k smash buys', '13842l3']]], ['u/thepacksvrvives', 'Season 7: everything we know so far, part 2', 50, '2023-05-05 01:46', 'https://www.reddit.com/r/Outlander/comments/13845tg/season_7_everything_we_know_so_far_part_2/', "If you’ve somehow stumbled across part 2 first, [here is part 1](https://www.reddit.com/r/Outlander/comments/13843p4/season_7_everything_we_know_so_far_part_1/).\n\nIf you haven’t read the books or don’t want to see any spoilers, do NOT read this post.\n\n# BLOCK 5\n\nBlock 5 might be exclusively in Scotland across two different storylines: Claire, Jamie, and Ian’s visit at Lallybroch with Old Ian’s death in 1778; and Roger with Buck at 1739 Lallybroch looking for Jemmy.\n\nClaire, Jamie, and Ian will head first to Simon Fraser’s funeral (Echo, chapter 75), filmed at Kinloch Rannoch. A supporting artist who was involved shared some photos in the [comments](https://i.imgur.com/ghKZf4r.jpg) under a public Facebook post.\n\n[Credit: via SurvivedTheShows, source unknown \\(1-2, 6-7\\), a supporting artist \\(3-5\\).](https://preview.redd.it/iiw3mckcgwxa1.jpg?width=945&format=pjpg&auto=webp&v=enabled&s=367aef36ff5ce1dafb08e2350e3bf11fcee55468)\n\nMidhope Castle underwent some changes to accommodate the 18th-century storylines; the front yard looks slightly different than in 308 but the windows and doors are the same as we’ve seen in S1-S4. \n\n[Credit: \\_simbelmyne\\_ \\(1\\), stevenwilson8743 \\(2-3\\), Parkhead House \\(4-5\\), stevenwilson8473 \\(6-8\\).](https://preview.redd.it/4fyjwujngwxa1.jpg?width=1080&format=pjpg&auto=webp&v=enabled&s=985a86c83b878d5bf85af359306a85885ed536af)\n\n[All photos from Midhope](https://imgur.com/a/vuk1jhT).\n\nThe returning cast members were announced in October and most of them filmed that month. Additionally, the rest of the Murray siblings were cast: Kitty (Emma Rafferty), Michael (Angus Miller), and Janet (Megan Daynes). We should also see Young Jamie (Conor McCarry was followed by some cast members in October) and Maggie. Layla Burns [confirmed](https://www.spotlight.com/3418-9080-6468) she was in episode 709, so that is when we are going to see Joan again (and Laoghaire).\n\nSteven Cree mentioned in an [interview with SheKnows](https://youtu.be/O1fIYabB4ak?t=5791) that he has a “nice scene with \\[Sam\\] in Season 7” and that “the location \\[they\\] filmed in was probably the most picturesque location that \\[he filmed\\] the whole time \\[he’d\\] been on Outlander.” This is most likely the walk Jamie and Ian take in Echo, chapter 81, reminiscing about their youth together and talking about Ian’s impending death.\n\nSteven also praised Kristin Atherton (new Jenny) in [another interview](https://www.express.co.uk/showbiz/tv-radio/1727112/Outlander-season-7-Ian-Murray-Steven-Cree-return-Laura-Donnelly), saying: \n\n>And actually, Kristin \\[Atherton\\], who came in and played Jenny was so fantastic and my storylines \\[previously\\] in the show were mostly with Jamie and Claire. I never really had that much stuff with Jenny. It was fine.\n\nAs for the other 18th-century storyline, filming also took place at Kinloch Rannoch, but at the hill used for Craigh na Dun, and Richard’s trailer was spotted. The stone circle was up for a few days in September.\n\n[All photos from Kinloch Rannoch](https://imgur.com/a/bTJoxap).\n\nAndrew Whipp returned as Brian Fraser, and a [supporting artist](https://www.realpeople.co.uk/221/profile) filmed as “Brian Fraser’s housekeeper.”\n\nFilming also took place in Culross, which previously stood in for Cranesmuir. Since we’re going to see Geillis again, Meerkat Cross was once again used for the village, with the building on the right used as the exterior of her house. Richard and Diarmaid were spotted filming in the village.\n\n[Credit: Suzy Taylor \\(1\\), Pati Sears-Burnett \\(2-5\\), Lorelle Penman \\(6-9\\), cinbin\\_ \\(10-11\\).](https://preview.redd.it/p7arn790hwxa1.jpg?width=1079&format=pjpg&auto=webp&v=enabled&s=1e56bca66f65f9b36669015f2fd6506d0043fa3c)\n\nThe last two photos are of Culross Palace, which was most likely used for the interiors of Laoghaire’s house, just as in S4, in Claire and Jamie’s storyline. \n\n[All photos from Culross](https://imgur.com/a/np91e80).\n\n# BLOCK 6\n\nThe filming of the exteriors took place in Canning Street, Liverpool, as well as Chester, which both stood in for Philadelphia. It received plenty of coverage in the press and on social media.\n\n[Credit: liverpool1207 \\(1-4\\), Claire Brown \\(5-7\\), Andrea Livesey \\(8-9\\).](https://preview.redd.it/7yyq9k09hwxa1.jpg?width=1440&format=pjpg&auto=webp&v=enabled&s=00c6877c202e84cbd2f4a13acef5ad537831ccf3)\n\n[More photos from Canning Street](https://imgur.com/a/ifNYOeQ).\n\nThe building with red features was identified as a brothel by people visiting the set. Supporting artists were involved in the scenes (filmed later in the studio) as [“Brothel upper-class Johns”](https://www.realpeople.co.uk/1411/profile) and [“Brothel High class Ladies.”](https://www.realpeople.co.uk/6565/profile) \n\n[Credit: Colin Lane \\(1-4\\), Billy Vitch \\(5-11\\), Andy Teebay \\(12\\), soobysnax35 \\(13\\).](https://preview.redd.it/eipdp3yfhwxa1.jpg?width=750&format=pjpg&auto=webp&v=enabled&s=3af46b8d868e1b95279b3afbe9fc5373b5f1da76)\n\nFrom the main cast, Sam and David were [spotted](https://twitter.com/soobysnax35/status/1590423111765479424) filming the scene after Jamie “comes back from the dead” and “kidnaps” Lord John (Echo, chapter 101). Charles was also photographed on Canning Street.\n\n[Credit: soobysnax35.](https://reddit.com/link/13845tg/video/5eus7s6ohwxa1/player)\n\nNo sign of Caitríona outside but she must’ve been there as well. John [posted](https://www.instagram.com/p/CktnMutsEG6/) from Liverpool with Izzy, so Rachel and Denny must’ve been in the scenes there too. Hugh Ross later [posted](https://www.instagram.com/p/Co5P2O3Ipcu/) photos of John, Izzy, and Charles on his Instagram, presumably from when he was shooting with them in Liverpool (Arch’s death scene–Echo, chapter 100).\n\nNo sign of either Lauren or César. Lauren was filming in the Dominican Republic at the time, so this storyline could’ve been altered, or they filmed their scenes at another time/only indoors.\n\nHenry (Harry Jarvis), Mercy Woodcock (Gloria Obianyo), and Jane Pocock (Silvia Presente) should feature in these episodes. Sam Hoare also returned as Hal Grey, Duke of Pardloe.\n\nA number of supporting artists, [male](https://www.realpeople.co.uk/8696/profile) and [female](https://www.realpeople.co.uk/1615/profile), were involved in the filming of “the Ball.” There were [artists](https://www.realpeople.co.uk/8637/profile) with dance experience who filmed a “dance scene,” which the agency described as “Girls out filming at the studio, they have been rehearsing for weeks for this“ on Facebook. That shoot has to be the Meschianza, the “extravagant farewell party to honor the commanders of the Army and Navy, General Sir William Howe and Admiral Richard Howe” organized mainly by John André, in which Claire participates in Echo, chapter 98, alongside William and LJG, sometime after receiving the news of Jamie’s “death.” There was some filming done at Croxteth Hall & Country Park in Liverpool, which could be the site of the Meschianza.\n\n[Credit: Geoffrey Smith \\(1-5\\), Liverpool Film Office \\(6\\).](https://preview.redd.it/61gxu6grhwxa1.jpg?width=742&format=pjpg&auto=webp&v=enabled&s=1e2457bf936d16f174b0be2988bc461cd8598f86)\n\n[All photos from Croxteth](https://imgur.com/a/Ay0UydN).\n\nThere was also some filming in Chester, primarily at Chester City Walls, where a large number of supporting artists were spotted. [All photos from Chester](https://imgur.com/a/94WHalM).\n\nA number of supporting artists were listed as “[Philadelphia travelers](https://www.realpeople.co.uk/3932/profile)” and “[Quaker men/women](https://www.realpeople.co.uk/17/profile),” who also filmed in Dalmeny. \n\nA junior carpenter working on S7 [posted](https://www.instagram.com/p/Ckt23uGM0Zr/) photos of “Jamie’s cairn.” Ian builds it in MOBY, chapter 1, in the woods between Philadelphia and Valley Forge. \n\n# BLOCK 7 & 8\n\nBetween December 2022 and February 2023, there was not much in the way of spotting the filming by locals. However, [Sophie](https://imgur.com/a/Ic4jZtO) herself posted from some night shoots at Midhope Castle.\n\nCiaron Kelly also [posted](https://www.instagram.com/p/CmMvWk_KL76/) from a night shoot in December, which coincided with the OL night shoots, but it’s uncertain whether it was the same shoot. However, as mentioned above, his agency posted about his wrapping on OL in January, so it is very likely. Ernie shows up at Lallybroch during the shoot-out in MOBY, but he could also be involved in escorting Brianna and the kids back home after the tunnel rescue.\n\nThere were also scenes with “1980s Police officers” which could eith... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 by ANGELA WEISS/AFP via Getty Images) US stocks jumped on Friday as tech behemoth Apple and regional bank stocks climbed. The S&P 500 was able to close higher after four days of declines. Treasury yields soared after the US economy added 253,000 jobs in April, much more than anticipated. US stocks staged a rally Friday fronted by Apple and regional bank shares, as investors brushed aside rising bond yields sparked by an April jobs report that crushed expectations. The S&P 500 finished higher after four consecutive losses, and the Dow Jones Industrial Average piled on more than 500 points. Headlining those moves was Apple , whose shares climbed on a dividend increase , a $90 billion share-buyback plan, and rising iPhone sales that helped the company beat quarterly earnings expectations. Apple is the most heavily weighted stock on the S&P 500. Here\'s where US indexes stood at the 4:00 p.m. closing bell on Friday: S&P 500 : 4,136.37, up 1.85% Dow Jones Industrial Average : 33,674.31, up 1.65% (546.57 points) Nasdaq Composite : 12,235.41, up 2.25% Equities also found strength from a jump in regional bank shares, including PacWest and Western Alliance after sharp selloffs during the week. One bank industry group asked the Securities and Exchange Commission to stop short-seller attacks on their stocks driven by social-media speculation. Stocks powered through a surge in Treasury yields. Yields ran up as the bond market sold off following the stronger-than-expected US jobs report for April. Investors were tempering expectations for the Fed to start cutting interest rates sooner than later in 2023. The 2-year note yield , reflecting expectations for Fed moves, climbed nearly 20 basis points to 3.91%. Nonfarm payroll employment of 253,000 trounced the 180,000 estimate. The unemployment rate fell to 3.4%. "The April jobs report is indisputably hawkish and puts the focus back on the Fed – especially if inflation data also beat next week. But the big revisions to the prior readings suggest the jobs market is perhaps not as strong as the latest data makes it out to be," Fawad Razaqzada, market analyst at City Index, wrote in a Friday note. While stocks rose Friday, Wall Street\'s major indexes still fell on a weekly basis. Here\'s what else is happening today: Short sellers brought in $400 million in a single day from the selloff in regional banks. Biggest banks will reportedly pay to refill the FDIC\'s deposit insurance fund. The dollar\'s slump will continue as the Fed prepares to pause rate hikes, UBS said. The Fed just brought in its final interest-rate hike , said billionaire bond investor Jeff Gundlach. De-dollarization fears are overblown , but rising debt is among top threats to the greenback, Bank of America says. Story continues In commodities, bonds, and crypto: West Texas Intermediate crude climbed 4% to $71.45 per barrel. Brent crude, the international benchmark, rose 3.7% to $73.78. Gold fell 1.5% to $2,025.60 per ounce. The 10-year Treasury yield rose 8 basis points to 3.43%. Bitcoin picked up 2.2% to $29,483.50. Read the original article on Business Insider View comments', '• US stocks jumped on Friday as tech behemoth Apple and regional bank stocks climbed.\n• The S&P 500 was able to close higher after four days of declines.\n• Treasury yields soared after the US economy added 253,000 jobs in April, much more than anticipated.\nUS stocks staged a rally Friday fronted byAppleand regional bank shares, as investors brushed aside rising bond yields sparked by an April jobs report that crushed expectations.\nThe S&P 500 finished higher after four consecutive losses, and the Dow Jones Industrial Average piled on more than 500 points. Headlining those moves wasApple, whose shares climbed on adividend increase, a $90 billion share-buyback plan, and rising iPhone sales that helped the company beat quarterly earnings expectations. Apple is the most heavily weighted stock on the S&P 500.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500:4,136.37, up 1.85%\n• Dow Jones Industrial Average:33,674.31, up 1.65% (546.57 points)\n• Nasdaq Composite:12,235.41, up 2.25%\nEquities also found strength from a jump in regional bank shares, includingPacWestandWestern Allianceafter sharp selloffs during the week. One bank industry group asked the Securities and Exchange Commission tostop short-seller attackson their stocks driven by social-media speculation.\nStocks powered through a surge in Treasury yields. Yields ran up as the bond market sold off following the stronger-than-expectedUS jobs reportfor April. Investors were tempering expectations for the Fed to start cutting interest rates sooner than later in 2023. The2-year note yield, reflecting expectations for Fed moves, climbed nearly 20 basis points to 3.91%.\nNonfarm payroll employment of 253,000 trounced the 180,000 estimate. The unemployment rate fell to 3.4%.\n"The April jobs report is indisputably hawkish and puts the focus back on the Fed – especially if inflation data also beat next week. But the big revisions to the prior readings suggest the jobs market is perhaps not as strong as the latest data makes it out to be," Fawad Razaqzada, market analyst at City Index, wrote in a Friday note.\nWhile stocks rose Friday, Wall Street\'s major indexes still fell on a weekly basis.\nHere\'s what else is happening today:\n• Short sellers brought in $400 millionin a single day from the selloff in regional banks.\n• Biggest banks will reportedly pay torefill the FDIC\'s deposit insurance fund.\n• Thedollar\'s slumpwill continue as the Fed prepares to pause rate hikes, UBS said.\n• The Fed just brought in its final interest-rate hike, said billionaire bond investor Jeff Gundlach.\n• De-dollarization fears are overblown, but rising debt is among top threats to the greenback, Bank of America says.\nIn commodities, bonds, and crypto:\n• West Texas Intermediate crudeclimbed 4% to $71.45 per barrel.Brent crude,the international benchmark, rose 3.7% to $73.78.\n• Goldfell 1.5% to $2,025.60 per ounce.\n• The10-year Treasury yieldrose 8 basis points to 3.43%.\n• Bitcoinpicked up 2.2% to $29,483.50.\nRead the original article onBusiness Insider', 'BillBitcoins joins the ranks of fintech elites, named a top crypto payment processor by a leading global tech research firm, cementing its global standing. PALO ALTO, Calif. , May 6, 2023 /PRNewswire-PRWeb/ -- BillBitcoins made headlines by making it into the list of top crypto payment gateways worldwide. The crypto payment processor has been recognized in an international listing of top crypto payment processors by the renowned tech research firm, TechResearcho . Rising Global Crypto Adoption: Cryptocurrencies are widely adopted across the world today. Several businesses are building crypto payment gateways to accept cryptocurrencies as payments. Reports indicate the crypto payment gateway market is growing at a CAGR of 16.8%, and it is expected to reach $ 4.12 billion by 2029. 60% of the top companies in the world are already accepting and using at least one digital asset for cross-border transactions. The global crypto economy is worth $1.1 trillion enabling businesses to adopt the crypto payment gateways and make profits. Billbitcoins , developed by HashCash Consultants , is a popular crypto payment processor for merchants to accept Bitcoin and other cryptocurrency payments securely. With three package options, the payment gateway caters to the needs of different businesses. The firm\'s CEO Raj Chowdhury , also a and blockchain pioneer, asserts, "At Billbitcoins, we strive to provide our clients with a seamless and secure payment experience, while also contributing to the growth and mainstream adoption of cryptocurrencies." Features of BillBitcoins: Additionally, it provides unlimited transactions, report generation, and personal tech support. The major e-commerce platforms or any SMBs can integrate the API ensuring seamless integration. With cutting-edge security features and compliance with major regulatory frameworks worldwide, Billbitcoins is a reliable crypto payment processor. As payment processors upgrade their systems to enable cryptocurrency transactions, businesses must adapt and provide customers with more payment options. Transaction volumes will continue to grow as consumers embrace making payments via cryptocurrencies. While traditional financial institutions may soon have to follow the same. Story continues About BillBitcoins: BillBitcoins, a product of HashCash Consultants is one of the leading crypto payment gateways operating worldwide. The platform is managed by a team of experts and has experience in banking solutions, and blockchain technology. For starters, the platform offers $100 daily free transactions, and up to $1000 after completion of background verifications. BillBitcoin also offers a white-label Bitcoin payment gateway for businesses worldwide. Media Contact Coleen Facete, Hashcash Digest, +14159662907, [email protected] SOURCE Hashcash Digest', 'BillBitcoins joins the ranks of fintech elites, named a top crypto payment processor by a leading global tech research firm, cementing its global standing. PALO ALTO, Calif. , May 6, 2023 /PRNewswire-PRWeb/ -- BillBitcoins made headlines by making it into the list of top crypto payment gateways worldwide. The crypto payment processor has been recognized in an international listing of top crypto payment processors by the renowned tech research firm, TechResearcho . Rising Global Crypto Adoption: Cryptocurrencies are widely adopted across the world today. Several businesses are building crypto payment gateways to accept cryptocurrencies as payments. Reports indicate the crypto payment gateway market is growing at a CAGR of 16.8%, and it is expected to reach $ 4.12 billion by 2029. 60% of the top companies in the world are already accepting and using at least one digital asset for cross-border transactions. The global Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-06 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $572,782,776,425 - Hash Rate: 355568840.1119249 - Transaction Count: 601134.0 - Unique Addresses: 619770.0 Social & AI Sentiment: - Fear & Greed Index: 0.60 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Actions taken by UK banks to restrict customer access to crypto are “not in the spirit of consumer protection,” Circle’s European policy lead said at an event last week. Amidconcernsthat crypto firms are facing difficulties accessing banking services in the UK, Teana Baker-Taylor said individual customers were also being affected. “One thing I think that is pretty clear is the UK banks are now actively unbanking people, not just companies,” Baker-Taylor said during a panel discussion at Citi's Digital Asset Symposium. “It's not about just refusing to give bank accounts to companies,” she said, claiming that banks were unbanking individuals because of their decision to buy “crypto assets that are perfectly legal.” “Then your bank turns you off,” she said. “That, to me, feels very, very wrong, and not in the spirit of consumer protection. It feels very patriarchal.” While there is no evidence of a UK bank shuttering a customer’s account altogether on account of crypto usage, there are several recorded instances of usersfacing temporary freezeson their accounts when trying to buy crypto. Banks havepublicly detailed their policies, which include limits on how much can be transferred at once, and even blanket bans on transfers into crypto. In February, Alison Rose, the chief executive of one of Britain’s so-called ‘big four’ banks, NatWest Group, told politicians the bank had taken a “hard line” on cryptocurrencies. “We're blocking retail and wealth customers from transferring into crypto assets because of the volatility and the stability of the platform,” she said at a meeting of Parliament’s Treasury Select Committee. UK Crypto Crackdown: Which British Banks Allow You to Buy Bitcoin? Santander, a Spanish bank with a major presence in the UK, last yearlimited transactionsto crypto exchanges to just £1,000 ($1,234), while Nationwide put in a£5,000 limiton card payments to crypto assets last month. NatWest soonfollowed suit, introducing restrictions of £1,000 a day and £5,000 over a 30-day period. The situation prompted Su Carpenter, director of Operations for industry body CryptoUK (where Baker-Taylor serves as anon-executive director), towrite to the Treasury in March, warning that without action the banking industry’s cautious approach could undermine the UK government’s crypto ambitions. Banks generally cite the risk of fraud in their policies limiting how customers can use crypto, but Baker-Taylor argued that “all of those things happen equally in the traditional finance ecosystem.” Circle has had its own troubles with the world of traditional finance. ItsUSDCstablecoin briefly broke its peg to the U.S. dollar last month after it revealed that$3.3 billion of its reserveswere stuck at the failed Silicon Valley Bank. “It’s somewhat ironic that there has been a lot of talk of protecting the banking system from crypto, here we are in a situation where we are trying to protect a digital dollar from the banking system,” Circle’s CEO Jeremy Allairesaidin aCNBCappearance in the days following the crisis.... - 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) -- Nineteen months after China banned crypto, more signs have emerged that its citizens continue to buy and sell digital assets. Most Read from Bloomberg Hedge Funds Drive Credit Suisse CDS Higher on Bets of a Payout Steve Schwarzman Holds Off Giving Money to DeSantis After Meeting Him Abu Dhabi Royal\x92s Firm Shorts US Stocks on Global Recession Fears Jamie Dimon Says US Needs to 'Finish' the Bank Crisis Family Builds $900 Million Brazil Farming Empire After 935% Gain These glimpses of their trading activity support suspicions that some of China\x92s 1.4 billion people flout the prohibition Beijing imposed in September 2021 as they hunt for alternatives to investments like property and stocks. A shadowy role for Chinese demand adds to the difficulty of parsing the outlook for digital-asset markets, which have partially revived this year from a 2022 crash pockmarked with bankruptcies like that of the FTX crypto exchange. There is even speculation the ban on the mainland could be loosened \x97 though there are no indications of that happening \x97 after Hong Kong pivoted to a pro-crypto stance to woo investment, a step that won quiet backing from Beijing. The evidence of ongoing Chinese appetite for tokens comes from varied sources, including FTX\x92s creditor profile, citizens who said they used crypto platforms and depictions by industry insiders of workarounds to Beijing\x92s ban. Hard to \x91Eliminate\x92 \x93Essentially, bans don\x92t work,\x94 said Caroline Malcolm, global head of public policy at Chainalysis, which specializes in tracking digital-asset transactions. \x93The decentralized nature of cryptocurrencies and the fact that they can be transferred peer-to-peer and traded on global exchanges make it difficult for any government to completely eliminate them.\x94 US bankruptcy filings for FTX, which collapsed in November last year, show Chinese users accounted for 8% of the exchange\x92s customers. FTX advisers have tallied more than 9 million customer accounts overall, while claims from creditors amount to at least $11.6 billion. Story continues Jack Ding, a partner with crypto regulations specialist Duan & Duan Law Firm, said he represents six Chinese creditors with a combined $10 million of FTX claims. They are part of a committee for foreign FTX customers, he said. Theoretically, crypto trading is outlawed for Chinese at home and abroad but it\x92s \x93hard to enforce,\x94 Ding said. Often it\x92s about compliance systems at exchanges and whether they\x92ll filter out Chinese passport holders, he added. Beijing cracked down on digital assets over concerns about money laundering, currency outflows and the environmental impact of Bitcoin mining. The likes of the Binance, OKX and FTX exchanges had tapped risk-loving investors in China, once the world\x92s biggest market for Bitcoin trading, to boost growth. Compliance Challenge Crypto platforms now try to block Chinese Internet Protocol addresses but virtual private networks can defeat such attempts by masking locations. Interviews with Chinese investors point to the compliance challenge. Four said they had traded on the Binance digital-asset platform, and a fifth said he\x92d also used OKX, after Beijing\x92s prohibition. Binance is the largest crypto exchange while OKX ranks at No. 2, CoinGecko data on 24-hour volumes show. The five spoke in part out of frustration over current or earlier suspensions of their accounts. Four said they lived in mainland China and had passed know-your-customer procedures using Chinese identification. OKX declined to comment on the issue. A spokesperson for Binance said the company doesn\x92t operate in mainland China or have any technology, including servers or data, based there. \x91Great Firewall\x92 \x93Following the September 2021 ban, the Binance platform, including the website and mobile application, has been blocked behind the Great Firewall,\x94 the Binance spokesperson said, referring to the system China uses to sever its internet from the rest of the world. A sixth Chinese investor, David Jin, said he lives in Silicon Valley and has had $8 million of crypto frozen on Binance since July at the behest of police in central Chongqing city in China. The police were probing tokens allegedly linked to illegal online casinos, Jin added, while denying involvement. A Chongqing police officer surnamed Mu, who\x92s in charge of the case, didn\x92t respond to numerous requests for comment. The Binance spokesperson said that the company has a policy of cooperating with lawful information requests and legal inquiries from authorities pertaining to investigations, prosecutions, forfeiture actions and suspicious activities. Binance reserves the right to reject law enforcement requests that fail legal scrutiny, don\x92t serve a legal purpose or where the investigative approach is flawed, the spokesperson added. Turning Dominican In March, Bloomberg News reported that another major crypto exchange, Huobi Global, was giving Chinese users the option of applying for a \x93digital identity\x94 with the tiny island nation of Dominica. Once on-boarded, their app profile shows them as Dominican citizens, according to people familiar with the matter, who asked not be identified discussing sensitive matters. Huobi has said that it doesn\x92t operate in China and that Chinese Internet Protocol addresses are \x93strictly prohibited\x94 from accessing the platform, and that new customers are \x93from anywhere but China.\x94 \x93Huobi has exited the Chinese market and barred Chinese users from signing up or logging in,\x94 the company has said. The People\x92s Bank of China, which announced the digital-asset ban in September 2021 when it said all crypto-related transactions are illegal, didn\x92t immediately respond to request for a comment on the signs that Chinese citizens continue to trade virtual assets. Since the prohibition, Chinese regulators haven\x92t announced sanctions on any offshore exchange for signing up mainland users. Malcolm from Chainalysis said the ban has either been ineffective or loosely enforced. The average monthly value of crypto flowing to China did roughly halve in 2022 from a year earlier but still remained sizable at $17 billion, the firm estimates. If somehow the crypto sector was legalized in China in the future, \x93it would likely lead to a surge in demand for cryptocurrencies,\x94 Malcolm said. --With assistance from Sidhartha Shukla and Yujing Liu. Most Read from Bloomberg Businessweek The Plot to Steal the Other Secret Inside a Can of Coca-Cola AI Drug Discovery Is a $50 Billion Opportunity for Big Pharma US Airlines Are Sitting Out China\x92s Reopening \x91Nearshoring\x92 Push Is Fueling Tech Job Demand in Latin America Webtoons Are South Korea\x92s Latest Viral Cultural Export ©2023 Bloomberg L.P.", "(Bloomberg) -- Nineteen months after China banned crypto, more signs have emerged that its citizens continue to buy and sell digital assets.\nMost Read from Bloomberg\n• Hedge Funds Drive Credit Suisse CDS Higher on Bets of a Payout\n• Steve Schwarzman Holds Off Giving Money to DeSantis After Meeting Him\n• Abu Dhabi Royal’s Firm Shorts US Stocks on Global Recession Fears\n• Jamie Dimon Says US Needs to 'Finish' the Bank Crisis\n• Family Builds $900 Million Brazil Farming Empire After 935% Gain\nThese glimpses of their trading activity support suspicions that some of China’s 1.4 billion people flout the prohibition Beijing imposed in September 2021 as they hunt for alternatives to investments like property and stocks.\nA shadowy role for Chinese demand adds to the difficulty of parsing the outlook for digital-asset markets, which have partially revived this year from a 2022 crash pockmarked with bankruptcies like that of the FTX crypto exchange.\nThere is even speculation the ban on the mainland could be loosened — though there are no indications of that happening — after Hong Kong pivoted to a pro-crypto stance to woo investment, a step that won quiet backing from Beijing.\nThe evidence of ongoing Chinese appetite for tokens comes from varied sources, including FTX’s creditor profile, citizens who said they used crypto platforms and depictions by industry insiders of workarounds to Beijing’s ban.\nHard to ‘Eliminate’\n“Essentially, bans don’t work,” said Caroline Malcolm, global head of public policy at Chainalysis, which specializes in tracking digital-asset transactions. “The decentralized nature of cryptocurrencies and the fact that they can be transferred peer-to-peer and traded on global exchanges make it difficult for any government to completely eliminate them.”\nUS bankruptcy filings for FTX, which collapsed in November last year, show Chinese users accounted for 8% of the exchange’s customers. FTX advisers have tallied more than 9 million customer accounts overall, while claims from creditors amount to at least $11.6 billion.\nJack Ding, a partner with crypto regulations specialist Duan & Duan Law Firm, said he represents six Chinese creditors with a combined $10 million of FTX claims. They are part of a committee for foreign FTX customers, he said.\nTheoretically, crypto trading is outlawed for Chinese at home and abroad but it’s “hard to enforce,” Ding said. Often it’s about compliance systems at exchanges and whether they’ll filter out Chinese passport holders, he added.\nBeijing cracked down on digital assets over concerns about money laundering, currency outflows and the environmental impact of Bitcoin mining. The likes of the Binance, OKX and FTX exchanges had tapped risk-loving investors in China, once the world’s biggest market for Bitcoin trading, to boost growth.\nCompliance Challenge\nCrypto platforms now try to block Chinese Internet Protocol addresses but virtual private networks can defeat such attempts by masking locations.\nInterviews with Chinese investors point to the compliance challenge. Four said they had traded on the Binance digital-asset platform, and 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: 2023-05-07 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $560,142,702,562 - Hash Rate: 331705159.5675005 - Transaction Count: 607883.0 - Unique Addresses: 482095.0 Social & AI Sentiment: - Fear & Greed Index: 0.64 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Machines Expected to be Electrified and Mining by the End of March 2023 TAMPA, Fla. , March 13, 2023 /PRNewswire/ -- LM Funding America, Inc. (NASDAQ: LMFA) ("LM Funding" or the "Company"), a cryptocurrency mining and technology-based specialty finance company, today announced that the Company has signed a new contract to host 500 of its bitcoin mining machines with Aspen Creek Digital Corporation aka Longbow HostCo, LLC all of which are expected to be electrified and mining by the end of March 2023 . (PRNewsfoto/LM Funding America) Bruce M. Rodgers , Chairman, and CEO of LM Funding commented, "We are happy to announce that we have signed a new contract to host 500 bitcoin mining machines that will use a mixture of behind-the-meter solar and grid electricity. We expect to have all of these machines fully electrified and operational by the end of March, providing LM Funding with a capacity of approximately 370 petahash. We look forward to bringing additional machines online in the coming quarters, thereby providing the Company with additional bitcoin mining capacity." About LM Funding America LM Funding America, Inc., (Nasdaq: LMFA) together with its subsidiaries, is a cryptocurrency mining business that commenced Bitcoin mining operations in September 2022 . The Company also operates a technology-based specialty finance company that provides funding to nonprofit community associations (Associations) primarily located in the state of Florida , as well as in the states of Washington , Colorado , and Illinois , by funding a certain portion of the Associations' rights to delinquent accounts that are selected by the Associations arising from unpaid Association assessments. Forward-Looking Statements This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "intend," "plan," and "project" and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guaranties of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the company's most recent Annual Report on Form 10-K and its other filings with the SEC, which are available at www.sec.gov . These risks and uncertainties include, without limitation, uncertainty created by the COVID-19 pandemic, the risks of entering into and operating in the cryptocurrency mining business, the capacity of our bitcoin mining machines and our related ability to purchase power at reasonable prices, t he ability to finance our planned cryptocurrency mining operations, our ability to acquire new accounts in our specialty finance business at appropriate prices, the need for capital, our ability to hire and retain new employees, changes in governmental regulations that affect our ability to collect sufficient amounts on defaulted consumer receivables, changes in the credit or capital markets, changes in interest rates, and negative press regarding the debt collection industry. The occurrence of any of these risks and uncertainties could have a material adverse effect on our business, financial condition, and results of operations. Story continues Contact: Crescendo Communications, LLC Tel: (212) 671-1021 Email: [email protected] Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/lm-funding-america-inc-signs-contract-to-host-500-bitcoin-mining-machines-301769090.html SOURCE LM Funding America... - 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:\nPrices:Bitcoin and ether fell slightly on Sunday, although there\'s potential for a market-wide rally and significant price movement, an analyst says. Meme coin mania has been fueling dramatic shifts in market sentiment.\nInsights:Challenges from network congestion due to the Ordinals surge are offset by increased mining incentives, network security and available Layer-2 and sidechain solutions.\nBitcoin Has a Boring Weekend, Despite Binance’s Temporary Withdrawal Pause\nCoinDesk Market Index (CMI)\n1,228\n−0.4▼0.0%\nBitcoin (BTC)\n$28,593\n−327.2▼1.1%\nEthereum (ETH)\n$1,893\n−8.2▼0.4%\nS&P 500\n4,136.25\n+75.0▲1.8%\nGold\n$2,024\n+6.3▲0.3%\nNikkei 225\n29,157.95\n+34.8▲0.1%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,228", "\\u22120.4\\u25bc0.0%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$28,593", "\\u2212327.2\\u25bc1.1%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,893", "\\u22128.2\\u25bc0.4%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,136.25", "+75.0\\u25b21.8%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$2,024", "+6.3\\u25b20.3%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["29,157.95", "+34.8\\u25b20.1%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nGood morning Asia. As the East begins its trading week, bitcoin and ether were both recently down a few fractions of a percentage point. Bitcoin was off 0.34% to $28,787, while Ether fell 0.4% to $1,913.\nBitBull Capital CEO Joe DiPasquale points to meme coins as a reason for a pump in market sentiment but fairly flat activity for the crypto majors.\n“The market hasn’t moved strongly this week, but the market sentiment has been on a rollercoaster with meme coin mania at peak,” DiPasquale wrote to CoinDesk in a note. “WithPEPE and other meme coinsposting high five-figure percentage gains, we wouldn’t be surprised if a market-wide rally materializes in the near term.”\nDiPasquale notes that bitcoin still hasn’t tested support levels on the downside, and that Bollinger Bands continue to tighten. This means that the gap between the upper and lower bands is narrowing, indicating a decrease in market volatility. This typically suggests that a significant price movement might be on the horizon, as periods of low volatility often precede larger market trends.\n“Moving forward, we’d expect a strong bounce off $25K to continue another leg above $30K,” DiPasquale concluded.\n[{"Asset": "Cosmos", "Ticker": "ATOM", "Returns": "+1.0%", "DACS Sector": "Smart Contract Platform"}]\n[{"Asset": "XRP", "Ticker": "XRP", "Returns": "\\u22122.6%", "DACS Sector": "Currency"}, {"Asset": "Terra", "Ticker": "LUNA", "Returns": "\\u22122.2%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Decentraland", "Ticker": "MANA", "Returns": "\\u22121.9%", "DACS Sector": "Entertainment"}]\nBitcoin Maximalists Find Ordinals Annoying, but They Are a Needed Revenue Source for Miners\nThe Bitcoin community is at acrossroads right now.\nOn the one hand, some of the largest miners are eitherworking through bankruptcyproceedings,getting bailouts, or arerestructuring debt– all of this a hangover from a brutal, bearish 2022. At the same time, many in the bitcoin communityare decrying the congested, expensive state of the bitcoin network caused by thesurge in the popularityof the NFT-like Ordinal inscriptions. Binance’stemporary pauseof bitcoin withdrawals on Sunday was proof that there’s a problem brewing.\nFor the uninitiated, Ordinal Inscriptions, akin to NFTs, are digital assets inscribed on satoshis (the smallest currency unit of bitcoin) enabled by the Taproot upgrade, allowing for smart contracts and the minting of NFTs directly onto the Bitcoin blockchain.\nThe scale of ordinals’ growth has been immense (though many of them are just text).Earlier this month, the number of ordinals surpassed three million, andnow that number is just over four million.\nIn the long run, however, cash-strapped miners are going to be a big beneficiary of this newfound interest in the bitcoin blockchain.\nAccording todata compiledby the user dgtl_assets on Dune, ordinal inscriptions are now producing daily fees just north of $2.7 million, with the total fees coming in at around $14 million.\nIn an April note,Grayscale arguedthat the surge in fees from ordinals is useful for incentivizing mining and thus, securing the network.\n“While some are critical of ordinals, cautioning against bloating the blockchain or harming fungibility, we believe that ordinals represent one of the larger opportunities for Bitcoin adoption, especially as the Bitcoin network has historically been viewed as a rigid blockchain ecosystem,” Grayscale wrote. “The advent of ordinals has led to an increase in total fees paid to miners, which could potentially establish a sustainable baseline level of transaction fees to incentivize miners.”\nGrayscale and CoinDesk share the same parent company in Digital Currency Group.\nWhen balancing network security versus a new channel of mining incentives versus the annoyance of congestion, which one wins? Probably the new incentives channel.\nRealistically, this could do a lot to help plug holes in miners’ balance sheets. Sure, bailouts could also be a solution, but that would centralize mining around stakeholders likeBinanceand Galaxy Digital.\nAnd for those complaining, there are plenty of solutions readily available, like Layer-2s or sidechains such as the Lightning Network or Liquid.\nBitcoiners should celebrate ordinals and be glad that the market is signaling they are here to stay.\n3:30 a.m. HKT/SGT(19:30 UTC)Japan Overall Household Spending (YoY/March)\n5:30 a.m. HKT/SGT(21:30 UTC)Australia Retail Sales (QoQ/Q1)\n7:00 a.m. HKT/SGT(23:00 UTC)China Trade Balance\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nBitcoin Hovers Around $29K After April Jobs Report; Are CBDCs Becoming a Presidential Election Issue?\nThe U.S. added 253,000 jobs in April, up from a downwardly revised 165,000 in March and ahead of economist forecasts for 180,000, according to a Bureau of Labor Statistics report. Separately, CoinDesk\'s Executive Director of Global Content, Emily Parker, explained why central bank digital currencies could become a topic in the U.S. presidential election. Mysten Labs CEO Evan Cheng and Chase White from Compass Point Research also joined the conversation.\nPepecoin’s Bewildering Rise Turned a Pittance Into an Almost 5,000,000% Meme Coin Profit:A pseudonymous crypto trader bought trillions of the meme coin three weeks ago on UniSwap for $263, and still holds about $9 million of PEPE after selling several million dollars worth, according to data from blockchain platform Arkham.\nPump the BRCs: The Promise and Peril of Bitcoin-backed Tokens:A new way of issuing tokens on Bitcoin is growing fast. So why did their creator warn that they “will be worthless?"\nAlibaba Says ‘Open Sesame’ to Web3:The Chinese tech giant is releasing a metaverse launchpad. Plus, Sports Illustrated announces an NFT ticketing platform.\nCoinbase Jumps 17% Post-Earnings; Analysts Praise Results but Worry About Regulatory Uncertainty:The crypto exchange’s first quarter revenue of $773 million was up 23% from the previous three months and blew past estimates for just $655 million.\nNFT Lending Platform Blend Sparks Concerns Over Ecosystem Liquidity:Blend, the name of NFT marketplace Blur’s new lending platform, allows traders to lease NFTs to bolster liquidity. However, concerns have been raised about its impact on broader NFT markets.', 'Good morning. Here’s what’s happening: Prices: Bitcoin and ether fell slightly on Sunday, although there\'s potential for a market-wide rally and significant price movement, an analyst says. Meme coin mania has been fueling dramatic shifts in market sentiment. Insights: Challenges from network congestion due to the Ordinals surge are offset by increased mining incentives, network security and available Layer-2 and sidechain solutions. Prices Bitcoin Has a Boring Weekend, Despite Binance’s Temporary Withdrawal Pause CoinDesk Market Index (CMI) 1,228 −0.4 ▼ 0.0% Bitcoin (BTC) $28,593 −327.2 ▼ 1.1% Ethereum (ETH) $1,893 −8.2 ▼ 0.4% S&P 500 4,136.25 +75.0 ▲ 1.8% Gold $2,024 +6.3 ▲ 0.3% Nikkei 225 29,157.95 +34.8 ▲ 0.1% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,228 −0.4 ▼ 0.0% Bitcoin (BTC) $28,593 −327.2 ▼ 1.1% Ethereum (ETH) $1,893 −8.2 ▼ 0.4% S&P 500 4,136.25 +75.0 ▲ 1.8% Gold $2,024 +6.3 ▲ 0.3% Nikkei 225 29,157.95 +34.8 ▲ 0.1% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Good morning Asia. As the East begins its trading week, bitcoin and ether were both recently down a few fractions of a percentage point. Bitcoin was off 0.34% to $28,787, while Ether fell 0.4% to $1,913. BitBull Capital CEO Joe DiPasquale points to meme coins as a reason for a pump in market sentiment but fairly flat activity for the crypto majors. “The market hasn’t moved strongly this week, but the market sentiment has been on a rollercoaster with meme coin mania at peak,” DiPasquale wrote to CoinDesk in a note. “With PEPE and other meme coins posting high five-figure percentage gains, we wouldn’t be surprised if a market-wide rally materializes in the near term.” DiPasquale notes that bitcoin still hasn’t tested support levels on the downside, and that Bollinger Bands continue to tighten. This means that the gap between the upper and lower bands is narrowing, indicating a decrease in market volatility. This typically suggests that a significant price movement might be on the horizon, as periods of low volatility often precede larger market trends. Story continues “Moving forward, we’d expect a strong bounce off $25K to continue another leg above $30K,” DiPasquale concluded. Biggest Gainers Asset Ticker Returns DACS Sector Cosmos ATOM +1.0% 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: 2023-05-08 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $539,751,464,050 - Hash Rate: 326932423.4586156 - Transaction Count: 575051.0 - Unique Addresses: 552358.0 Social & AI Sentiment: - Fear & Greed Index: 0.60 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: • US stocks erased earlier gains to close lowers despite cooler-than-expected March inflation data. • The consumer price index increased 0.1% last month compared to estimates of 0.2%. • The Fed expects the economy to slip into a recession later this year, meeting minutes show. US stocks declined on Wednesday as investors assess concerns over a coming recession. Meeting minutes releasedby the Federal Reserve said policymakers anticipate banking sector turmoil to send the economy into a downturn later this year. Equities erased earlier gains in the session, which were spurred by a cooler-than-expected March inflation report. "Reflecting the effects of less projected tightness in product and labor markets, core inflation was forecast to slow sharply next year," FOMC minutes said. The consumer price index increased 0.1% month-over-month in March compared to analysts' estimates of 0.2%, and was up 5% from a year ago Excluding food and energy prices, the closely watched core CPI increased 5.6% on an yearly basis compared to 5.5% in February. Inflation levels remains elevated as the US central bank tries to wrangle it down to its 2% target. Fed fund futures are showing odds favor a 25 basis-point rate hike in May and for the Fed to begin cutting interest rates in July. Here's where US indexes stood shortly after the 4:00 p.m. ET close on Wednesday: • S&P 500:4,091.95, down 0.41% • Dow Jones Industrial Average:33,646.50, down 0.11% (38.29 points) • Nasdaq Composite:11,929.34, down 0.85% Here's what else is happening this morning: • IIF chief warns that the largestthreat to the banking sectoris the central banks' monetary tightening campaigns and geopolitical woes. • Berkshire Hathaway chairman Warren Buffett saysbitcoin is a "gambling token"with zero value. • Surging interest rates and banking concerns pose significant risks to lending, according to Bill Gross and Jeffrey Gundlach, who both predicta credit crunch. • Here are few signals that have to flash in order for stocks to enter a sustainable bull market, according toFairlead Strategies'Katie Stockton. • Economist David Rosenberg breaks down why another central bank interest rate hikeswill be a mistake. In commodities, bonds and crypto: • West Texas Intermediate crudeoil rose 2% to $83.23 per barrel.Brent crude, oil's international benchmark, jumped 1.9% to $87.25. • Goldrose 0.5% to $2,028.70 per ounce. • The yield on the 10-year Treasury was flat at 3.40%. • Bitcoin rose slightly to $30,216.03, while ether fell 1.33% to $1,892. 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: ['The world’s biggest cryptocurrency exchange today moved around billions of dollars of its own Bitcoin—leading some to think that it was withdrawing gargantuan amounts of crypto.\nBinance moved over $5 billion in the biggest cryptocurrency since yesterday, representing nearly 30% of the exchange’s net BTC reserve balance.\nData from Coinglassshowedthat over 183,080 BTC flowed out of the exchange in 24 hours, prompting some experts to comment on the “unusual” movements—and spooking others.\nThe movements came just after Binancetemporarily pausedBTC withdrawals on its platform.But Binance later said that the transfers were nothing to worry about.\nBinance Pauses Bitcoin Withdrawals, Blames Network Congestion\n“We’re aware that some data are showing a large volume of outflows from Binance,” the exchange said on Twitter. “This ‘outflow’ [sic] are actually movements between Binance hot and cold wallets due to the BTC address adjustments.”\nA Binance spokesperson toldDecryptthat the movements were not reason for concern, pointing to a tweet from CryptoQuant head of research Julio Moreno, who said the movements were down to “newly created change addresses” owned by the exchange.\nAs the world’s biggest digital asset exchange, users keep an eye on large Binance transactions. Such movements can often be interpreted as signals of investor confidence in the company—or the lack thereof.\nBillions of dollars in cryptoflowed outof Binance in December in a 24-hour period, for example, leading some to speculate on whether its reserves were secure. Binance CEO Changpeng ‘CZ’ Zhao said at the time that the withdrawals were “business as usual.”\nAnd billions flowed out of the exchange last month after the Commodity Futures Trading Commission (CFTC)hitthe exchange with a lawsuit for allegedly violating trading and derivatives rules.\nCZshrugged offthe withdrawals on Twitter as “small.”', 'The world’s biggest cryptocurrency exchange today moved around billions of dollars of its own Bitcoin—leading some to think that it was withdrawing gargantuan amounts of crypto.\nBinance moved over $5 billion in the biggest cryptocurrency since yesterday, representing nearly 30% of the exchange’s net BTC reserve balance.\nData from Coinglassshowedthat over 183,080 BTC flowed out of the exchange in 24 hours, prompting some experts to comment on the “unusual” movements—and spooking others.\nThe movements came just after Binancetemporarily pausedBTC withdrawals on its platform.But Binance later said that the transfers were nothing to worry about.\nBinance Pauses Bitcoin Withdrawals, Blames Network Congestion\n“We’re aware that some data are showing a large volume of outflows from Binance,” the exchange said on Twitter. “This ‘outflow’ [sic] are actually movements between Binance hot and cold wallets due to the BTC address adjustments.”\nA Binance spokesperson toldDecryptthat the movements were not reason for concern, pointing to a tweet from CryptoQuant head of research Julio Moreno, who said the movements were down to “newly created change addresses” owned by the exchange.\nAs the world’s biggest digital asset exchange, users keep an eye on large Binance transactions. Such movements can often be interpreted as signals of investor confidence in the company—or the lack thereof.\nBillions of dollars in cryptoflowed outof Binance in December in a 24-hour period, for example, leading some to speculate on whether its reserves were secure. Binance CEO Changpeng ‘CZ’ Zhao said at the time that the withdrawals were “business as usual.”\nAnd billions flowed out of the exchange last month after the Commodity Futures Trading Commission (CFTC)hitthe exchange with a lawsuit for allegedly violating trading and derivatives rules.\nCZshrugged offthe withdrawals on Twitter as “small.”', 'The world\x92s biggest cryptocurrency exchange today moved around billions of dollars of its own Bitcoin\x97leading some to think that it was withdrawing gargantuan amounts of crypto. Binance moved over $5 billion in the biggest cryptocurrency since yesterday, representing nearly 30% of the exchange\x92s net BTC reserve balance. Data from Coinglass showed that over 183,080 BTC flowed out of the exchange in 24 hours, prompting some experts to comment on the \x93unusual\x94 movements\x97and spooking others. The movements came just after Binance temporarily paused BTC withdrawals on its platform. But Binance later said that the transfers were nothing to worry about. Binance Pauses Bitcoin Withdrawals, Blames Network Congestion \x93We\x92re aware that some data are showing a large volume of outflows from Binance,\x94 the exchange said on Twitter. \x93This \x91outflow\x92 [sic] are actually movements between Binance hot and cold wallets due to the BTC address adjustments.\x94 A Binance spokesperson told Decrypt that the movements were not reason for concern, pointing to a tweet from CryptoQuant head of research Julio Moreno, who said the movements were down to \x93newly created change addresses\x94 owned by the exchange. CFTC, SEC, DOJ, IRS: These Are the Ongoing Investigations Into Binance As the world\x92s biggest digital asset exchange, users keep an eye on large Binance transactions. Such movements can often be interpreted as signals of investor confidence in the company\x97or the lack thereof. Billions of dollars in crypto flowed out of Binance in December in a 24-hour period, for example, leading some to speculate on whether its reserves were secure. Binance CEO Changpeng \x91CZ\x92 Zhao said at the time that the withdrawals were \x93business as usual.\x94 And billions flowed out of the exchange last month after the Commodity Futures Trading Commission (CFTC) hit the exchange with a lawsuit for allegedly violating trading and derivatives rules. CZ shrugged off the withdrawals on Twitter as \x93small.\x94', 'Good morning. Here’s what’s happening: Prices: Bitcoin and Ether prices are down due to BRC-20 meme coins congestion, with a potential solution being a shift of profits to altcoins and Ethereum. Insights: Bitcoin\'s path "is not straight," Paul Eisma, head of trading for XBTO Group, told CoinDesk TV. Prices Bitcoin Buckles Under Pressure of Network Congestion Chaos CoinDesk Market Index (CMI) 1,185 −40.6 ▼ 3.3% Bitcoin (BTC) $27,715 −739.6 ▼ 2.6% Ethereum (ETH) $1,850 −25.5 ▼ 1.4% S&P 500 4,138.12 +1.9 ▲ 0.0% Gold $2,029 +11.2 ▲ 0.6% Nikkei 225 28,949.88 +NaN ▲ NaN% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,185 −40.6 ▼ 3.3% Bitcoin (BTC) $27,715 −739.6 ▼ 2.6% Ethereum (ETH) $1,850 −25.5 ▼ 1.4% S&P 500 4,138.12 +1.9 ▲ 0.0% Gold $2,029 +11.2 ▲ 0.6% Nikkei 225 28,949.88 +NaN ▲ NaN% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Bitcoin Falls Good morning Asia. Bitcoin is beginning the East Asia trading day down 2.6% at $27,715, while Ether is down 1.4% to $1,850. The Bitcoin network’s Ordinal-induced congestion is to blame, which caused Binance to suspend withdrawals twice over the weekend. "What\'s going on right now in bitcoin is, is quite unprecedented. And we haven\'t really seen this for many, many years," 21Co co-founder and CEO Hany Rashwan said during a recent appearance on CoinDesk TV. Like others, Rashwan blamed BRC-20 meme coins, but also said that we shouldn’t conflate these with altcoins. "I wouldn\'t categorize meme coins in the same league as altcoins like Ethereum or Solana,” he said. “These altcoins are essentially smart contract platforms that facilitate a range of functions, including but not limited to meme coins and NFTs." Rashwan sees a way out of the congestion which involves meme coin holders taking profits and moving to altcoins and Ethereum, which in turn could lead to those coins increasing in value as well. Story continues But it will take another large macroeconomic event to kick off this move. And for now, we are stuck with Bitcoin NFTs of PEPE. Biggest Gainers There are no gainers in CoinDesk 20 today. Biggest Losers Asset Ticker Returns DACS Sector Terra LUNA −13.8% Smart Contract Platform Gala GALA −10.4% Entertainment Decentraland MANA −6.9% Entertainment Insights Bitcoin\'s Not-So Straight Path The meme pool-spurred congestion on Binance and bitcoin’s hefty decline are “growing pains,” but the largest cryptocurrency by market capitalization “will be fine in the long run,” Paul Eisma, head of trading for XBTO Group, told CoinDesk’s “All About Bitcoin” program on Monday. “It\'s almost like a deer in headlights for the bitcoin protocol,” Eisma said, linking the latest technical problems to the late 2021 Taproot upgrade, which boosted the bitcoin network’s privacy, among other improvements. But Eisma said optimistically that bitcoin has remained in a range roughly between $25,000 and $30,000 for much of this year. He said that crypto is still in its formative years, so understandably subject to the same headwinds that have afflicted other early-stage technologies throughout history. “Like any young and growing, nascent technology that gets upgrades and modifications, this is part of it,” Eisma said. “This is part of the growth and evolution of the network, and the path is not straight. Eisma said that he will be eyeing Wednesday’s release of the May Consumer Price Index (CPI) for a sense of the U.S. central bank’s next privacy move. The Federal Reserve has boosted interest rates 25 basis points (bps) three consecutive times, but observers of monetary policy, particularly those critical of the Fed, are hoping for a cessation of the bank’s hawkishness. “What asset markets are looking for is something not too strong or too weak because if something comes in and around, like, I don\'t know, plus, or minus, you know, some decent, low standard deviation of what\'s expected, then (it’s) still too early for a pause to rate decreases,” he said. But he added warily that the current inflation rate is still above “the 2% level the Fed is seeking. It\'s still about the core PCE level 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: 2023-05-09 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $536,344,540,550 - Hash Rate: 360341576.2208098 - Transaction Count: 598256.0 - Unique Addresses: 586519.0 Social & AI Sentiment: - Fear & Greed Index: 0.51 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: 25 April 2023 \| SAINT HELIER, Jersey- As announced on 04 April 2023, the Board of Directors of CoinShares International Limited ("CoinShares" or the "Company") (Nasdaq Stockholm Market: CS; US OTCQX: CNSRF), Europe's largest and leading digital asset investment and trading group by AuM, resolved to implement a share buy-back program and repurchase shares on Nasdaq Stockholm Market during the period 04 April 2023, up to and including 30 May 2023 for total maximum amount of SEK 25 million in accordance with the authorisation from the Annual General Meeting on 20 June 2022. The Board of Directors’ resolution to implement the share buy-back program was made after the Board's review of the Company's capital structure and was implemented for the purposes of reducing the capital of the Company. The share buy-back program is carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 ("MAR") and the Commission Delegated Regulation (EU) No 2016/1052 (the "Safe Harbour Regulation"). The Company today announces that share buy-backs of shares in the Company (ISIN: JE00BLD8Y945) have been effected as set forth below (aggregated level): [{"Date": "18 April 2023", "Number of shares acquired": "3,170", "Lowest price paid (SEK)": "35.15", "Highest price paid (SEK)": "36.45", "Volume weighted average (SEK)": "35.72"}, {"Date": "19 April 2023", "Number of shares acquired": "3,170", "Lowest price paid (SEK)": "36.70", "Highest price paid (SEK)": "38.05", "Volume weighted average (SEK)": "37.37"}, {"Date": "20 April 2023", "Number of shares acquired": "2,945", "Lowest price paid (SEK)": "35.20", "Highest price paid (SEK)": "37.15", "Volume weighted average (SEK)": "36.08"}, {"Date": "21 April 2023", "Number of shares acquired": "2,570", "Lowest price paid (SEK)": "32.85", "Highest price paid (SEK)": "34.20", "Volume weighted average (SEK)": "33.46"}, {"Date": "24 April 2023", "Number of shares acquired": "2,530", "Lowest price paid (SEK)": "31.25", "Highest price paid (SEK)": "31.65", "Volume weighted average (SEK)": "31.46"}, {"Date": "", "Number of shares acquired": "14,385", "Lowest price paid (SEK)": "", "Highest price paid (SEK)": "", "Volume weighted average (SEK)": ""}] All share buy-backs have been carried out on Nasdaq Stockholm Market by the Company. Following the above repurchases, the Company's holding of own shares as of 25 April 2023 amounts to 546,256 shares. The total number of shares in CoinShares amounts to 68,135,425. For a full break-down of repurchases made, please refer to the attached announcement. About CoinShares CoinShares is Europe’s largest and leading digital asset investment and trading group by AuM, managing billions of assets on behalf of a global client base. Our mission is to expand investing into digital assets with our trusted, regulated, best-in-class product suite that provides investors with trust and transparency when accessing cryptocurrencies. We believe that Bitcoin and blockchain networks are landmark innovations that will fundamentally reshape the global financial system and the way we interact digitally, and investors should be able to participate in this transformation. CoinShares is publicly listed on the Nasdaq Stockholm under ticker CS and the OTCQX under the ticker CNSRF. CoinShares has multiple touchpoints with financial regulatory bodies around the world, including the AMF, JFSC and FINRA. For more information on CoinShares, please visit:https://coinshares.comCompany \| +44 (0)1534 513 100 \|[email protected] Relations \| +44 (0)1534 513 100 \|[email protected] This information is information that CoinShares International Limited is obliged to make public pursuant to the EU Market Abuse Regulation (596/2014). The information in this press release has been published through the agency of the contact persons set out above, at 08:00 GMT on Tuesday, 25 April 2023. Attachment • 20230425 - Appendix to press release - share buy-back... - Reddit Posts (Sample): [['u/Kooky-Treacle7920', 'My bitcoin I’ve been trying to receive on Coinbase has been stuck pending on block chain for OVER 2 DAYS. What can I do', 41, '2023-05-09 04:46', 'https://www.reddit.com/r/CryptoCurrency/comments/13cd5cu/my_bitcoin_ive_been_trying_to_receive_on_coinbase/', 'I tried sending bitcoin from a gambling site to Coinbase. Coinbase confirmed they have it and it’s on the block chain unconfirmed. Am I ever going to get my money do I need to do anything or just keep waiting? Usually it’s never been like this. Thanks so much for the help I am very bad when it comes to understanding this as I’m new so please don’t roast me. Also why have fees gone up so much, it’s like 6$ to send 15$??? And it’s saying 30$ fee for what? Tf? I’m about to be done with crypto it’s not worth anymore with how expensive fees now are', 'https://www.reddit.com/r/CryptoCurrency/comments/13cd5cu/my_bitcoin_ive_been_trying_to_receive_on_coinbase/', '13cd5cu', [['u/noob_zarathustra', 13, '2023-05-09 04:48', 'https://www.reddit.com/r/CryptoCurrency/comments/13cd5cu/my_bitcoin_ive_been_trying_to_receive_on_coinbase/jjf85e4/', "You can't do much. Just have to wait for the transaction fees to reduce so that your transaction gets picked up for confirmation. I've got a transaction stuck in the mempool too for about 2 days now.\n\nYou'll get it for sure though.", '13cd5cu'], ['u/PenaltyFickle5699', 38, '2023-05-09 05:11', 'https://www.reddit.com/r/CryptoCurrency/comments/13cd5cu/my_bitcoin_ive_been_trying_to_receive_on_coinbase/jjfawmt/', 'Right now the network is a mess. Just gotta wait man.', '13cd5cu'], ['u/dubweb32', 18, '2023-05-09 05:22', 'https://www.reddit.com/r/CryptoCurrency/comments/13cd5cu/my_bitcoin_ive_been_trying_to_receive_on_coinbase/jjfc7l8/', 'I’ve been sitting on the sidelines eating my popcorn 🍿', '13cd5cu'], ['u/DukeThom', 12, '2023-05-09 05:27', 'https://www.reddit.com/r/CryptoCurrency/comments/13cd5cu/my_bitcoin_ive_been_trying_to_receive_on_coinbase/jjfct55/', 'I’m the guy sitting behind you shaking a box of candy obnoxiously loud every 10 seconds', '13cd5cu'], ['u/DukeThom', 12, '2023-05-09 05:27', 'https://www.reddit.com/r/CryptoCurrency/comments/13cd5cu/my_bitcoin_ive_been_trying_to_receive_on_coinbase/jjfcuib/', 'Eth gas fees are completely separate from BTC network fees', '13cd5cu'], ['u/crypt0_sports', 10, '2023-05-09 05:30', 'https://www.reddit.com/r/CryptoCurrency/comments/13cd5cu/my_bitcoin_ive_been_trying_to_receive_on_coinbase/jjfd5ws/', 'BTC network is going through some things atm', '13cd5cu'], ['u/Florian995', 16, '2023-05-09 06:34', 'https://www.reddit.com/r/CryptoCurrency/comments/13cd5cu/my_bitcoin_ive_been_trying_to_receive_on_coinbase/jjfk4m7/', 'The Bitcoin networks is clogged because of Ordinals and BRC-20 tokens. Just wait', '13cd5cu'], ['u/Dazzling_Marzipan474', 15, '2023-05-09 07:25', 'https://www.reddit.com/r/CryptoCurrency/comments/13cd5cu/my_bitcoin_ive_been_trying_to_receive_on_coinbase/jjfozjx/', "DON'T EVER SEND DIRECTLY TO AN EXCHANGE FROM A GAMBLING SITE! ESPECIALLY COINBASE!\n\nAlways send to your wallet then to exchange and vice versa when you buy in, send from wallet to gambling site. \n\nExchanges can and will close your account if they find out.", '13cd5cu']]], ['u/AutoModerator', '[Daily Discussion] - Tuesday, May 09, 2023', 24, '2023-05-09 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_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\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/', '13cera9', [['u/bundabrg', 16, '2023-05-09 06:39', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjfkn8i/', "I'd prefer it go into its own layer rather than the base chain but if people are willing to pay for the space then who am I to judge.\n\nIt's like putting up a public whiteboard with a list of rules you have to follow to write on it and then preventing certain people from writing on it who are following the rules.\n\nEven that car with blackboard paint allows people to draw anything on it. And yes it's mostly covered with dicks.\n\nEdit: I'll add that if it makes financial sense it will end up going to a different layer and will drive development there. If there was no restriction then everyone would just take the lazy approach and end up bloating the chain. You need the incentive.", '13cera9'], ['u/xtal_00', 19, '2023-05-09 08:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjfsae1/', "It's a free market. It'll get sorted.\n\nI'm pleased my mining revenue is up again.", '13cera9'], ['u/52576078', 12, '2023-05-09 11:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjg4sf3/', "Yep, it's adoption. We wanted adoption. Plus it demonstrates how miners can earn from fees, not just mining.", '13cera9'], ['u/Essexal', 14, '2023-05-09 11:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjg5no6/', 'Don’t make me deploy more capital.', '13cera9'], ['u/dependentlyarised', 12, '2023-05-09 13:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjgi5wu/', "So the trick is liquidating during an ATH? I would've never thought about it!", '13cera9'], ['u/bufonia1', 11, '2023-05-09 14:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjglkjy/', 'wow, how do u time the ath?', '13cera9'], ['u/Gravy_Vampire', 10, '2023-05-09 14:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjgoedd/', 'Something to do with all these cardinals people keep talking about', '13cera9'], ['u/delgrey', 20, '2023-05-09 16:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjh0bo9/', 'Cramer: "Commercial Real Estate isn\'t going to destabilize the system"', '13cera9'], ['u/BitSecret', 13, '2023-05-09 16:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjh45oi/', 'Welp, I was wrong. No $30k in our rearview window. At least the weather is nice.', '13cera9'], ['u/diydude2', 14, '2023-05-09 16:42', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjh47k0/', 'Translation: A quadrillion dollars worth of derivatives dross is sloshing around in the bilge.', '13cera9'], ['u/RetardIdiotTrader', 10, '2023-05-09 19:30', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjhu21f/', 'Bitcoin is dead^(again)', '13cera9'], ['u/52576078', 12, '2023-05-09 20:15', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jji10z1/', 'Good article by Dylan LeClair on the upcoming halving. I think many many more people are going to be aware of the halving this time round. https://bitcoinmagazine.com/markets/holder-dynamics-one-year-until-the-bitcoin-halving', '13cera9'], ['u/BootyPoppinPanda', 11, '2023-05-09 20:25', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jji2kmh/', 'Bcash was the obvious pump given the mempool hysteria rn. This market is so thirsty for drama. Anyone gonna short it for when it inevitably fizzles out?', '13cera9'], ['u/ReflectionFamiliar68', 13, '2023-05-09 21:41', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjiedjp/', "Ouch, immediately after the fork you could have sold for anywhere from 0.1 to 0.4. Currently 0.004.\n\nI dumped mine instantly at about 0.11. Was pissed that it went much higher but I'm glad I dumped it now. I just knew long term it is worthless.", '13cera9'], ['u/ReflectionFamiliar68', 10, '2023-05-09 22:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/13cera9/daily_discussion_tuesday_may_09_2023/jjiirv6/', 'Truth. I got totally burned in 2021 waiting for the blowoff top that SBF made impossible. I knew something was wrong but kept holding out of greed.', '13cera9']]], ['u/slade991', 'Cryptocurrencies from a Business Perspective', 34, '2023-05-09 07:12', 'https://www.reddit.com/r/CryptoCurrency/comments/13cg8nl/cryptocurrencies_from_a_business_perspective/', 'Hello r/cc,\n\n\n\nI wanted to write this post for a long time to give a business perspective on the cryptocurrency ecosystem. I hope this post might help show a critical view of the space, highlighting the positive and negative aspects, and maybe help new projects to address the issues we encountered.\n\n\n\nI run two different B2C businesses, one traditional and one all about crypto. Our exposure to crypto is only as a payment method, and we are not a web3 company. I will attempt to give the pros and cons of each one and see how accepting traditional means of payment compares to cryptocurrencies.\n\n\n\nThese days, to process credit card payments or any other means of traditional payment, you are required to use a third-party provider. The biggest 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: ["TheWeb3game industry is growing on blockchain networks likeAvalanche,Solana,Polygon, and even the newly-launchedSui. One platform you don't find on that list isChia, the novel storage-based blockchain network—but that may soon change.\nLast week, Chia Network—which recentlysignaled plans to go public—launched what it’s calling theChia Open Digital Economy (CODE)framework, which is infrastructure and tooling designed to power an open metaverse of games and applications that use interoperable assets.\nAlongside that initiative, Chia will launch a proof-of-concept trading card game on May 19called ChiaTCG, which will support allNFTscurrently on Chia and turn them into playable cards.\nLeading the gaming push is Richard Tsao, Chia Network’s Chief Metaverse Officer, who spent two decades working for giants of the gaming industry—from Microsoft back in its early Xbox days to Ubisoft branches in China and eventually League of Legends creator Riot Games.\nTsao toldDecryptthat it was at Riot Games that he recognized the need for an open ecosystem of tradable assets that are truly owned by players. He said that he tried to pursue the concept while at the company, but that it ultimately “didn’t work”—he couldn’t find traction for the idea at a large studio with its own thriving, closed ecosystem of assets.\nUltimately, he set up shop at Chia and is now leading its push to adapt the blockchain network to better support games.\nCreated by Bram Cohen, inventor of the BitTorrent protocol, Chia uses a unique “proof of space and time” consensus mechanism that’s secured by users’ storage space, rather than requiring high-end computers and immense amounts of energy likeBitcoin’s network does.\nTsao sees potential advantages to Chia’s gaming plan compared to other blockchain networks. Notably, theNFT1 token standardpairs with Chia’s Offers system to enable peer-to-peer atomic swaps without the need for a marketplace or an escrowsmart contractin the middle. It’s a nuanced variation that Tsao believes is a meaningful differentiator.\nChia Aims to Take on Ethereum, Solana With NFTs. Will They Blossom?\nBroadly, however, it appears that Chia’s gaming ambitions are still very early. Chia Network has a plan and a proof-of-concept game demo, but these are only first steps.\nBy the end of the year, Chia hopes to release a white paper and finalize code to enable interoperability between future games, as well as create an “abstraction layer” that makes it easier for developers to build games atop the network.\nChiaTCG is simply designed as a “very generic, proof-of-concept” game that could support any NFTs on the network, Tsao explained, giving all projects and communities an opportunity to see how their assets could function within a game. It’s a two-player cooperative experience designed as a “starting point” for creators, he said.\nButEthereumNFT-based trading card games likeGods UnchainedandSkyweaverhave been online for years, and some of those aforementioned blockchain networks have numerous live games with many more in development. Chia’s NFT market is much smaller than platforms like Ethereum and Solana, as well, given that it juststarted taking shape last year.\nChia is starting behind the pack, in other words—way behind the pack. But Tsao believes that its infrastructure will be appealing to developers, and that the network can unlock true functionality around theinteroperability premisethat has largely been a pipe dream in Web3 gaming to date. It just may take some time to get there.\n“We don't profess to be game developers. We’re great technology developers… who really want to make the use case ofmetaversegaming come alive,” said Tsao. “So we will partner with experienced game developers to provide that tech—and they’ll provide good games.”", 'Joseph O’Connor, theU.K. national behind a 2020 Twitter hack, has been extradited to the United States, where he has pled guilty to multiple cybercrime offenses, the U.S. Attorney’s Office Southern District of New Yorkannounced Tuesday\n“O’Connor used his sophisticated technological abilities for malicious purposes — conducting a complex SIM swap attack to steal large amounts of cryptocurrency, hacking Twitter, conducting computer intrusions to take over social media accounts, and even cyberstalking two victims, including a minor victim,” the SDNY said in a statement.\nDuring the 2020 Twitter hack, multiple high-profileTwitter accounts were taken over– including CoinDesk’s – and used to promote a bitcoin giveaway scam. Despite multi-factor authentication being enabled on some of the accounts, the attackers managed to hide scam warning responses, including from Binance CEO Changpeng Zhao, and amassed approximately 11.3 BTC ($103,960) from the fraudulent activity.\nFlorida resident Graham Ivan Clark, an associate of O’Connor’s who also participated in the attack, wasarrested in March 2021and tried as a young offender, as he was 17 at the time of the hack.\nO’Connor, 23, was also charged by the SDNY and pled guilty for his role in SIM-swapping attacks targeting high-profile executives in the cryptocurrency industry, resulting in the theft of $794,000 in digital assets.\nWhile the SDNY declined to name the company, only stating that it “provided wallet infrastructure and related software to cryptocurrency”, there have been numerous cases of targeted crypto companies using this same technique,including BlockFi.\nTelecoms such asAT&Tas well asT-Mobilehave been sued by victims over the lack of internal security measures that have allowed these attacks to take place.\nO’Connor is due back in court on June 23 for sentencing.', 'Joseph O’Connor, the U.K. national behind a 2020 Twitter hack , has been extradited to the United States, where he has pled guilty to multiple cybercrime offenses, the U.S. Attorney’s Office Southern District of New York announced Tuesday “O’Connor used his sophisticated technological abilities for malicious purposes — conducting a complex SIM swap attack to steal large amounts of cryptocurrency, hacking Twitter, conducting computer intrusions to take over social media accounts, and even cyberstalking two victims, including a minor victim,” the SDNY said in a statement. During the 2020 Twitter hack, multiple high-profile Twitter accounts were taken over – including CoinDesk’s – and used to promote a bitcoin giveaway scam. Despite multi-factor authentication being enabled on some of the accounts, the attackers managed to hide scam warning responses, including from Binance CEO Changpeng Zhao, and amassed approximately 11.3 BTC ($103,960) from the fraudulent activity. Florida resident Graham Ivan Clark, an associate of O’Connor’s who also participated in the attack, was arrested in March 2021 and tried as a young offender, as he was 17 at the time of the hack. O’Connor, 23, was also charged by the SDNY and pled guilty for his role in SIM-swapping attacks targeting high-profile executives in the cryptocurrency industry, resulting in the theft of $794,000 in digital assets. While the SDNY declined to name the company, only stating that it “provided wallet infrastructure and related software to cryptocurrency”, there have been numerous cases of targeted crypto companies using this same technique, including BlockFi . Telecoms such as AT&T as well as T-Mobile have been sued by victims over the lack of internal security measures that have allowed these attacks to take place. O’Connor is due back in court on June 23 for sentencing.', 'Good morning. Here’s what’s happening:\nPrices:As blockchain congestion eases, Bitcoin\'s price recovers. eToro\'s Callie Cox said that inflation remains a key concern among crypto traders but noted bitcoin\'s resilience in an interview with CoinDesk TV.\nInsights:Extraterritoriality is once again at the front-and-center of a crypto court case. Will we finally get some answers as to how far U.S. authorities can reach?\nBitcoin Showing Green Shoots as Congestion Begins to Clear\nCoinDesk Market Index (CMI)\n1,185\n+2.2▲0.2%\nBitcoin (BTC)\n$27,741\n+71.2▲0.3%\nEthereum (ETH)\n$1,853\n+2.9▲0.2%\nS&P 500\n4,119.17\n−19.0▼0.5%\nGold\n$2,043\n+17.0▲0.8%\nNikkei 225\n29,242.82\n+292.9▲1.0%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,185", "+2.2\\u25b20.2%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$27,741", "+71.2\\u25b20.3%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,853", "+2.9\\u25b20.2%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,119.17", "\\u221219.0\\u25bc0.5%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$2,043", "+17.0\\u25b20.8%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["29,242.82", "+292.9\\u25b21.0%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nGood morning Asia.\nWhile bitcoin traded sideways throughout the U.S. business day, as Asia opens, the first signs of a return to price growth have reappeared amid diminishing congestion on the bitcoin blockchain.\nBitcoin is currently trading at $27,741, up 0.3%,according to CoinDesk market data, whileether is trading at $1,853, up 0.2%.\nOn-chain data showsthat of Wednesday morning Asia time, the number of unconfirmed transactions had dipped to just below 400,000 from nearly 500,000 over the weekend. In addition,fees for sending transactionshad settled to just over $5 from over$20 at the peak of this crisis.\nBut the question on many people\'s minds was what will cause the next big move in prices?\neToro investment analyst Callie Cox points to inflation as the chief concern from everyone from the Fed to crypto traders.\nOn a recent appearance on CoinDesk TV, Cox argued that Americans want inflation to decrease while maintaining job security, and the Fed is trying to balance these, but it\'s a process that inevitably involves some pain.\n“Powell really leaned into his megaphone and provided some very flexible language on the future of policy,” Cox said on CoinDesk TV. “They k Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-10 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $536,094,490,050 - Hash Rate: 405682569.2552164 - Transaction Count: 671668.0 - Unique Addresses: 686423.0 Social & AI Sentiment: - Fear & Greed Index: 0.52 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin. Photo by Getty Images Bitcoin could climb by $20,000 if a US default happens, Standard Chartered's Geoff Kendrick said. Not every crypto would act similarly, with some behaving more like equities, he told Insider. "So actually, the optimal trade would probably be long bitcoin, short ethereum." With the looming debt ceiling crisis showing no signs of a resolution, both bond and equity markets have become jittery. But while some investors are fearful of a historic default, one asset could potentially rise through such a situation: Bitcoin . Describing a US default as a "low-probability, high-impact event," Geoff Kendrick, head of FX research at Standard Chartered, said it may cause the bitcoin to jump by about $20,000, representing an increase of 68% from current levels. He told Insider that's because the top cryptocurrency by market cap has a reputation for performing well in periods of stress and is often seen as a safe haven, especially as it is a decentralized asset. But Kendrick doesn't think bitcoin would rally in a straight line in the event of a US default, saying "it probably comes a bit lower on day one or day two or week." In that case, bitcoin could dip by $5,000 initially, then jump by $25,000, he estimated. And not every cryptocurrency would follow bitcoin's behavior, he added, with others like ethereum trading more like stocks, which would likely fall in a default. "So actually, the optimal trade would probably be long bitcoin, short ethereum. That sort of mix would probably be a good expression of this," Kendrick said. If Congress fails to lift the $31.4 trillion federal debt limit, a default could come sometime in the summer an event that could cause seismic ruptures global markets. On Tuesday, Treasury Secretary Janet Yellen warned a default would be catastrophic for the US economy , sparking mass unemployment, payment failures, and higher rates "into perpetuity." Story continues With House Republicans and the White House still far from a deal to raise the debt ceiling, yields on three-month Treasurys recently jumped to a 22-year high, as they would mature around a potential default date . Meanwhile, bitcoin is still recovering from a massive sell-off that began in late 2021 and continued through much of 2022 as the Federal Reserve embarked on an aggressive tightening cycle. But bitcoin has rallied nearly 80% so far in 2023 and recently neared $30,000 as First Republic Bank's woes reignited fears over the financial sector. For his part, Kendrick is already bullish on bitcoin, saying in a note on Monday that it could surge to $100,000 by the end of 2024 due to bank turmoil, bitcoin halving, and the expected end of Fed rate hikes, among other things, though it didn't mention the risk of a US default. "While sources of uncertainty remain, we think the pathway to the USD 100,000 level is becoming clearer," he wrote. 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: ['Good morning. Here’s what’s happening:\nPrices:Fairlead Strategies\' Katie Stockton anticipates a pullback to around $25,200 for bitcoin and a short-term setback for Ether, but sees potential for Ether to outperform Bitcoin in the short term.\nInsights:Bitcoin needs a good story before it can push higher, says Brent Xu, CEO of Web3 bond-market platform Umee. What will that narrative be?\nCoinDesk Market Index (CMI)\n1,209.53\n+0.9▲0.1%\nBitcoin (BTC)\n$27,618\n+36.0▲0.1%\nEthereum (ETH)\n$1,838\n−6.9▼0.4%\nS&P 500 daily close\n4,137.64\n+18.5▲0.4%\nGold\n$2,037\n+0.3▲0.0%\nTreasury Yield 10 Years\n3.44%\n▼0.1\nBTC/ETH prices perCoinDesk Indices; gold is COMEX spot price. Prices as of about 4 p.m. ET\n[["1,209.53", "+0.9\\u25b20.1%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$27,618", "+36.0\\u25b20.1%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,838", "\\u22126.9\\u25bc0.4%"], {"CoinDesk Market Index (CMI)": "S&P 500 daily close"}, ["4,137.64", "+18.5\\u25b20.4%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$2,037", "+0.3\\u25b20.0%"], {"CoinDesk Market Index (CMI)": "Treasury Yield 10 Years"}, ["3.44%", "\\u25bc0.1"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices; gold is COMEX spot price. Prices as of about 4 p.m. ET"}]\nAll Eyes on Ether as Bitcoin Pushes Down?\nGood Morning Asia,\nCrypto is starting the trading day in Asia fairly flat after apromising U.S. Consumer Price Indexpushed bitcoin above $28,000.\nBitcoin is now trading at $27,618, according to CoinDesk market data, which makes it effectively flat. Ether is down 0.4% to $1,838.\nKatie Stockton, Founder and Managing Partner of Fairlead Strategies, said during a recent appearance on CoinDesk TV that overall the crypto market likes the lower CPI numbers but don’t expect price appreciation yet.\n“From a technical perspective, the market does seem to like it, we\'re seeing a positive reaction. But really, the action is somewhat insignificant in terms of where both bitcoin and Ether have traded up late,” she said. “They recently broke down below their 50-day moving averages."\nStockton expects Bitcoin to pull back to its base breakout point of about $25,200. However, she still sees an upward trend in the intermediate term.\nThis lower price point should serve as a nice entry point for new investors, she argues.\nStockton also sees a short-term setback for Ether as it too, has moved out its 50-day moving average. However, she predicts Ether might outperform bitcoin in the short term.\n"We anticipate a downside for Ether, regardless of today\'s activity, with a support level around $1,755,” she said. “This could provide a natural point for stabilization as oversold conditions may yield a rebound."\n[{"Asset": "Gala", "Ticker": "GALA", "Returns": "+11.5%", "DACS Sector": "Entertainment"}, {"Asset": "Cosmos", "Ticker": "ATOM", "Returns": "+5.5%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Polkadot", "Ticker": "DOT", "Returns": "+2.8%", "DACS Sector": "Smart Contract Platform"}]\n[{"Asset": "Ethereum", "Ticker": "ETH", "Returns": "\\u22120.3%", "DACS Sector": "Smart Contract Platform"}]\nAn Asset Market in Search of a Good Story\nBanking substitute? Inflation hedge? Gold alternative?\nBitcoin has yet to find a new foundation that drives the price from its weeks-long range roughly between $25,000 and $30,000, Brent Xu, CEO and co-founder of Web3 bond-market platform Umee, said on CoinDesk TV’s “All About Bitcoin” program.\n“Bitcoin is trying to find its next narrative,” Xu said.\nBitcoin’s price seesawing on Wednesday encapsulated its vulnerability to events in recent weeks. The largest cryptocurrency by market capitalization rose on a mildly favorable Consumer Price Index (CPI) that showed inflation rising a less-than-expected 4.9% in April. But BTC sank around midday on internet rumors of a $320 million U.S. government bitcoin sell-off before rebounding as markets shrugged off the hearsay.\nXu noted that the price run-ups tied to a mini-run of U.S. bank failures in April and earlier this month had failed to spur long-lasting price momentum.\n“We saw a bunch of banks get destroyed, and there\'s this narrative building that bitcoin will be a new banking system,” he said. “Unfortunately, that narrative is still not fully substantiated.Bitcoin is oscillating during the existing market cycles, and we haven\'t reached that bullish momentum cycle yet.\nHe added: That is likely to happen next year. For the rest of this year, we\'re gonna see some more price oscillation.”\nXu believes that the steady decline in inflation from a peak of 9.1% last June will allow the U.S. central bank to reconsider the steady diet of hawkish interest rate increases that Federal Reserve critics blame for the near banking meltdown and other economic ills. “There\'s a likelihood that we\'re going to see some potential cuts,” Xu said, adding that some analysts foresee interest rate cuts totaling 75 basis points (bps) in the months ahead.\n“They need to take a long hard look at what all these interest rates hikes have been doing, and just the possibility of a deeper recession into the near future,” he said.\nXu said that liquidity would be important for crypto markets to thrive. Market makers Jane Street and Jump Crypto recently abandoned crypto trading in the U.S. and other firms focused or with at least a deep interest in crypto have also been scaling back their activities or threatening to move them overseas.\nBut Xu said that “these markets will find a way to exist, if not within U.S. borders,” and added that “there will be institutional liquidity that comes in.”\n“It’s just building the right narrative. The next narrative needs to be a major innovation, like the Shanghai Shapella upgrade, or some sort of new L-2 (layer 2), or some major improvement to the bitcoin blockchain. And when we see those, we\'ll see more liquidity and action coming (into markets).”\n9:30 a.m. HKT/SGT(1:30 UTC)Chinese Consumer Price Index (YoY/April)\n7:00 p.m. HKT/SGT(11:00 UTC)Bank of England Monetary Policy Report\n8:30 p.m. HKT/SGT(12:30 UTC)United States Producer Price Index ex Food & Energy (YoY/April)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nBitcoin Inches Higher After April Inflation Report; Congress\'s Joint Crypto Regulation Hearing\nBitcoin (BTC) was inching higher after the annual U.S. inflation rate slowed to 4.9% in April from 5.0% in March, versus economist forecasts for 5.0%, according to the Bureau of Labor Statistics. Fairlead Strategies Founder and Managing Partner Katie Stockton shared her crypto markets analysis. Asobitcoin President Will Hernandez also joined "First Mover" to give an update on El Salvador\'s bitcoin experiment. And Fan-Owned Sail Team LLC Founder David Palmer shared his thoughts on creating a successful SailGP team with a passionate fan and owner base.\nAragon’s ANT Rallies After Cofounder Proposes Token Buybacks to End Activist Crisis:After a week of bickering cooler heads began to prevail. The market responded with gusto.\nCrypto Derivatives Market Share Hits All-Time High:Binance continues to be the dominant crypto derivatives trading platform.\nUniswap Weighs Proposal to Enrich Token Holders, Switch on Liquidity Pool Fees:The plan to turn on fees for some of Uniswap’s liquidity pools would funnel money to the protocol’s treasury and token holders.\nUrbit, a Network Older and Weirder Than Bitcoin, Finally Turns Toward Growth:The peer-to-peer network started in 2002 says it\'s taking on "MEGACORP," much in the same vein as many blockchain networks. A bit more fun are the "secret code names" that users are assigned.\nBitcoin Liquidity on the Brink as Market Makers Pare Back in Crypto Markets:Liquidity across bitcoin trading pairs has slumped and failed to recover since the collapse of FTX in November.', 'Good morning. Here’s what’s happening: Prices: Fairlead Strategies\' Katie Stockton anticipates a pullback to around $25,200 for bitcoin and a short-term setback for Ether, but sees potential for Ether to outperform Bitcoin in the short term. Insights: Bitcoin needs a good story before it can push higher, says Brent Xu, CEO of Web3 bond-market platform Umee. What will that narrative be? Prices CoinDesk Market Index (CMI) 1,209.53 +0.9 ▲ 0.1% Bitcoin (BTC) $27,618 +36.0 ▲ 0.1% Ethereum (ETH) $1,838 −6.9 ▼ 0.4% S&P 500 daily close 4,137.64 +18.5 ▲ 0.4% Gold $2,037 +0.3 ▲ 0.0% Treasury Yield 10 Years 3.44% ▼ 0.1 BTC/ETH prices per CoinDesk Indices ; gold is COMEX spot price. Prices as of about 4 p.m. ET CoinDesk Market Index (CMI) 1,209.53 +0.9 ▲ 0.1% Bitcoin (BTC) $27,618 +36.0 ▲ 0.1% Ethereum (ETH) $1,838 −6.9 ▼ 0.4% S&P 500 daily close 4,137.64 +18.5 ▲ 0.4% Gold $2,037 +0.3 ▲ 0.0% Treasury Yield 10 Years 3.44% ▼ 0.1 BTC/ETH prices per CoinDesk Indices ; gold is COMEX spot price. Prices as of about 4 p.m. ET All Eyes on Ether as Bitcoin Pushes Down? Good Morning Asia, Crypto is starting the trading day in Asia fairly flat after a promising U.S. Consumer Price Index pushed bitcoin above $28,000. Bitcoin is now trading at $27,618, according to CoinDesk market data, which makes it effectively flat. Ether is down 0.4% to $1,838. Katie Stockton, Founder and Managing Partner of Fairlead Strategies, said during a recent appearance on CoinDesk TV that overall the crypto market likes the lower CPI numbers but don’t expect price appreciation yet. “From a technical perspective, the market does seem to like it, we\'re seeing a positive reaction. But really, the action is somewhat insignificant in terms of where both bitcoin and Ether have traded up late,” she said. “They recently broke down below their 50-day moving averages." Stockton expects Bitcoin to pull back to its base breakout point of about $25,200. However, she still sees an upward trend in the intermediate term. Story continues This lower price point should serve as a nice entry point for new investors, she argues. St Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-11 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $521,899,381,500 - Hash Rate: 360341576.2208098 - Transaction Count: 546549.0 - Unique Addresses: 596717.0 Social & AI Sentiment: - Fear & Greed Index: 0.52 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: As the environmental impact of cryptocurrency ecosystems is increasingly coming to the fore, the non-profit ReFi ecosystem Evadore adopts a vision to reduce carbon emissions in the world. New York --News Direct-- Evadore Evadore, a non-profit regenerative finance (ReFi) ecosystem, takes action to reduce global carbon emissions. The Evadore ecosystem, developed by EvaLabs, will work to utilize renewable energy sources and promote the global use of renewable energy with its products named Eva Chain, EvaStore, EvaPay, GreenWallet, EvaForest and CarbonEva. ReFi startup Evadore takes action to reduce global carbon emissions Blockchain-related carbon emissions and the environmental impact of cryptocurrencies are increasingly coming to the fore as the world is on the verge of a green transformation. “Data from the University of Cambridge estimates that Bitcoin will emit around 62 megatons of carbon dioxide equivalent each year at the current velocity of mining," says EvaLabs Community Chief Timothy Walker and adds: “This is equivalent to Serbia's total carbon emissions in 2019.” Aims to use its income for a greener future Founded as a completely non-profit organization, EvaLabs uses the income it generates from its projects, excluding blockchain costs, to carry the world forward toward a greener future. EvaStore, the network project product that assumes the task of ending the climate crisis with the power of cryptocurrency and blockchain technologies, aims to transfer the carbon credits purchased to projects that purpose to reduce carbon emissions. EvaForest intends to grow forests around the world to reduce carbon emissions, while GreenWallet has the purpose to provide cryptocurrency investors with a sustainable and multi-currency cryptocurrency wallet. EvaLabs's EvaPay solution purposes to create a first-class environment-friendly cryptocurrency payment technology, while the CarbonEva app allows users to calculate their daily carbon emissions and receive tips to reduce this impact. All transactions in the Evadore ecosystem are carried out on the Eva Chain blockchain. Story continues Countries' economic systems centralized under ReFi ReFi, one of the concepts that emerged with the development of financial technologies, is known as a financial system that aims to improve the world. Positioned as a ReFi initiative, Evadore plans to take a leading role in the transition of finance to a sustainable and inclusive form. Remarking that they aim to help countries centralize their economic systems under ReFi, Timothy Walker says: "With a focus on sustainability, social justice, and environmental responsibility, ReFi’s enabler is blockchain, which is a decentralized, secure, and transparent system with the potential to transform various industries. And EvaLabs will be the pioneer of this transformation." Evadore uses almost all of the income it generates from the transactions in its ecosystem to finance the processes encouraging the utilization of renewable energy sources for the power needs of companies and governments around the world. Visit the whitepaper link to learn more about Evadore. Contact Details Evadore Timothy Walker [email protected] Company Website https://evadore.io View source version on newsdirect.com: https://newsdirect.com/news/refi-startup-evadore-offers-an-end-to-end-environment-friendly-blockchain-ecosystem-782582316... - 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 sank below $27K for the second consecutive day. Investors are in a wait-and-see mode. Insights: Bitcoin is taking a breather even amid mildly upbeat jobs and price data this month. Prices CoinDesk Market Index (CMI) 1,155 −23.4 ▼ 2.0% Bitcoin (BTC) $27,052 −498.3 ▼ 1.8% Ethereum (ETH) $1,801 −34.3 ▼ 1.9% S&P 500 4,130.62 −7.0 ▼ 0.2% Gold $2,021 −9.1 ▼ 0.4% Nikkei 225 29,126.72 +4.5 ▲ 0.0% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,155 −23.4 ▼ 2.0% Bitcoin (BTC) $27,052 −498.3 ▼ 1.8% Ethereum (ETH) $1,801 −34.3 ▼ 1.9% S&P 500 4,130.62 −7.0 ▼ 0.2% Gold $2,021 −9.1 ▼ 0.4% Nikkei 225 29,126.72 +4.5 ▲ 0.0% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Bitcoin Sinks Below $27K Again For a second straight day, bitcoin dropped to late March levels under $27,000 but remained safely within its weeks-long range as investors shrugged off upbeat employment and price data and the latest banking crisis to continue their wait for a true price catalyst. The largest cryptocurrency by market capitalization was recently trading at about $27,052, down 1.8% over the past 24 hours. BTC has been changing hands between $25,000 and $30,000 throughout the spring. A number of analysts believe it will linger there, short of a compelling reason for it to push higher – or lower. "Price reaction to macro data hasn\'t been as significant in the last few weeks," Katie Talati, head of research at blockchain asset management firm Arca, told CoinDesk TV. "I think mostly, same as equities, everyone feels like a lot of the macro moves are baked in. A lot of what we\'ve seen in the last even 24 hours, though, is much more attributable to things specific to the digital asset space. Ether was recently trading at about $1,800, off about 1.9% from Wednesday, same time. The second largest crypto in market value has also remained largely rangebound in recent weeks, despite early April\'s successful Ethereum Shanghai upgrade, which completed the blockchain\'s transition from a proof-of-work to more energy efficient proof-of-stake protocol. Story continues Pepecoin-inspired meme mania was waning less than a week after reaching a stunning $1.8 billion market cap. Data by crypto intelligence firm Nansen showed that by late morning Thursday (ET), “smart money” wallets – crypto accounts of individual traders or institutions who are known for their profitable moves – had decreased their PEPE stash by $3 million in the past 24 hours. Talati said that the team behind PEPE "did a really good job of marketing the token, really building a lot of hype around it." But she added: "These tokens tend to pop up and gain a lot of notoriety when there isn\'t as much stuff happening in this space. They are usually the most accessible ones. A lot of newer entrants into crypto like to trade them." Other major cryptos were largely in the red. The CoinDesk Market Index , a measure of the crypto market\'s performance, was down 2.4%. Equities were mixed with the Dow Jones Industrial Average (DJIA) and S&P 500 falling slightly but the tech-heavy Nasdaq rising a fraction of a percentage point. The banking sector declined after Los Angeles-based PacWest Bancorp reported that it had lost more than 9% of its deposits last week. But PacWest\'s latest problems seemed an afterthought for crypto investors. Meanwhile, Arca\'s Talati was upbeat about DeFi. "There\'s definitely a lot happening in DeFi," she said. "I\'ve highlighted the last few weeks, a lot of development on certain projects like Curve and Aave, both of which launched or (are) launching their own stable coin." Biggest Gainers Asset Ticker Returns DACS Sector Cosmos ATOM +1.9% Smart Contract Platform Stellar XLM +0.7% Smart Contract Platform Biggest Losers Asset Ticker Returns DACS Sector Gala GALA −7.7% Entertainment Terra LUNA −5.4% Smart Contract Platform Loopring LRC −4.7% Smart Contract Platform Insights Bitcoin Takes a Breather Bitcoin is taking a little May "breather" as investors ponder a mini-wave of upbeat jobs and price data, said Alex McDougall, CEO of Stablecorp, in a CoinDesk TV interview Thursday. Bitcoin\'s price has plunged from highs near $31,000 less than two weeks ago, and on Wednesday, dipped below $27,000 after markets became spooked by an unfounded rumor that the U.S. government was going to sell off some $320 million in bitcoin. The largest crypto in market value has been buffeted in recent weeks, short a compelling reason to move from a weeks-long range. "We\'ve seen interest rates kind of fluctuate a little bit," said McDougall, whose firm provides blockchain-powered financial products. "And the decoupling from the risk on tech stock narrative is interesting. In any time where there are so many competing narratives going on all at once, you can almost see the market sort of flipped between narratives. Is this a doomsday hedge? Is this your risk-on asset? Is the banking sector dying?" He added "What this seems like is an opportunity to take a deep breath – a lot of people taking profits who have been underwater for a little while, an opportunity for accumulation." McDougall noted that the meme pool-spurred congestion on the bitcoin network, which prompted exchange giant Binance to suspend withdrawals twice over the weekend, had raised concerns about the blockchain\'s ability to handle additional volume generated by NFT-like Ordinals. There are "known challenges, and scalability is always part of that that trilemma," he said "When those start to rear their head, it\'s easy to sort of say \'we\'re a little too overhyped there. Let\'s cool off a little bit.\'" He said that liquidity remains another issue that the crypto industry is having to address. "It wasn\'t a healthy marketplace, but at least we had this sort of global connectivity of liquidity before," he said. "And you\'re starting to see that fracture and that global assets not be able to move as smoothly cross border, and those liquidity plugs start to disconnect a little bit." But he was sanguine about bitcoin\'s future. "A lot of these things are sort of the natural growing pains," he said, adding: "How could you not be bullish? It\'s such a it\'s a no brainer to go to this technology in the long term, but the route there is not going to be straight." Important events. JPYMoney Supply M2+CD (Apr/YoY) Australia Westpac Consumer Confidence (May) CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Bitcoin Slips After April PPI Data; The Rise of the Meme Economy Bitcoin (BTC) slipped below $27,500 following the release of April PPI data. Arca head of research Katie Talati shared her crypto markets analysis. Plus, Timothy Massad, Kennedy School of Government at Harvard University Research Fellow and former CFTC chairman, discussed the future of U.S. crypto regulation following a joint House hearing examining the future of digital assets on Wednesday. And early Dogecoin backer Gary Lachance discussed the rise of the meme economy. Headlines CoinDesk Turns 10 – 2020: The Rise of the Meme Economy: As the world locked down for COVID, meme-assets like Dogecoin and Disaster Girl grabbed the attention of a younger generation of retail investors. Three years later, memes are driving value across financial markets. This feature is part of our "CoinDesk Turns 10" series. Bitcoin Prices Retrace as Traders With Varying Time Horizons Jockey for Position: Longer term holders remain resilient. Bitcoin super whales warrant attention, as they have recently reduced positions. What’s the Reality of Crypto in Crime?: The DOJ\'s Eun Young Choi said the agency is constantly finding crypto connections in its criminal investigations. But how deep does the problem go and how much should we blame the blockchain? ‘Smart Money’ Traders Reduce Pepecoin Holdings by $3M as Meme Coin Mania Cools: PEPE token has dropped 66% since last week, when it reached a $1.8 billion market capitalization after a staggering rally.', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin sank below $27K for the second consecutive day. Investors are in a wait-and-see mode.\nInsights:Bitcoin is taking a breather even amid mildly upbeat jobs and price data this month.\nCoinDesk Market Index (CMI)\n1,155\n−23.4▼2.0%\nBitcoin (BTC)\n$27,052\n−498.3▼1.8%\nEthereum (ETH)\n$1,801\n−34.3▼1.9%\nS&P 500\n4,130.62\n−7.0▼0.2%\nGold\n$2,021\n−9.1▼0.4%\nNikkei 225\n29,126.72\n+4.5▲0.0%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,155", "\\u221223.4\\u25bc2.0%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$27,052", "\\u2212498.3\\u25bc1.8%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,801", "\\u221234.3\\u25bc1.9%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,130.62", "\\u22127.0\\u25bc0.2%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$2,021", "\\u22129.1\\u25bc0.4%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["29,126.72", "+4.5\\u25b20.0%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nBitcoin Sinks Below $27K Again\nFor a second straight day, bitcoin dropped to late March levels under $27,000 but remained safely within its weeks-long range as investors shrugged off upbeat employment and price data and the latest banking crisis to continue their wait for a true price catalyst.\nThe largest cryptocurrency by market capitalization was recently trading at about $27,052, down 1.8% over the past 24 hours. BTC has been changing hands between $25,000 and $30,000 throughout the spring. A number of analysts believe it will linger there, short of a compelling reason for it to push higher – or lower.\n"Price reaction to macro data hasn\'t been as significant in the last few weeks," Katie Talati, head of research at blockchain asset management firm Arca, told CoinDesk TV. "I think mostly, same as equities, everyone feels lik Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-12 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $510,103,455,412 - Hash Rate: 336477895.6763853 - Transaction Count: 509159.0 - Unique Addresses: 604937.0 Social & AI Sentiment: - Fear & Greed Index: 0.49 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: WASHINGTON ― No aspect of the cryptocurrency industry escaped criticism in a scathing report from the White House this week. The White House Council of Economic Advisers delivered a 35-page takedown of the idea that digital assets like Bitcoin are useful as an alternative to government-backed currency, the claim that crypto’s underlying distributed ledger technology could have some utopian application, and the notion that it could serve as a hedge against inflation. “Although the underlying technologies are a clever solution for the problem of how to execute transactions without a trusted authority, crypto assets currently do not offer widespread economic benefits,” the council writes. “They are largely speculative investment vehicles and are not an effective alternative to fiat currency. Also, they are too risky at present to function as payment instruments or to expand financial inclusion.” The extended crypto criticism, which fills one chapter in a book-length annual report the White House sends to Congress each year, represents a stark change in tone from President Joe Biden’s administration. One year ago, Biden signed an executive order asking federal agencies to look at ways of curtailing the risks of crypto without stifling “financial innovation.” This week’s report makes clear the White House thinks crypto can’t innovate much besides the same kinds of financial disasters that prompted Congress to regulate the banking industry a century ago. “The risks presented by crypto assets stem from excessive speculation, high leverage, run risk, environmental harm from crypto asset mining, and fraudulent activities that harm retail investors and corporations,” the report says. The White House also notes that crypto assets “are the standard form of payment extorted from victims of ‘ransomware,’ whereby a malicious actor hacks an organization and demands payment to release control of the victim’s network and often to purportedly forgo leaking the victim’s stolen data.” Story continues The supposed promise of crypto is that it operates on a peer-to-peer network of computers without an institutional intermediary like a bank or a government. In the White House’s view, that is also its fundamental problem. What accounts for the White House’s newfound hostility? Back when Biden issued his executive order, the crypto industry was worth more than $3 trillion and had been flying high, with stars like Tom Brady and Larry David espousing its benefits in Super Bowl advertisements. Since then, crypto has suffered several high-profile embarrassments, such as the collapse of a so-called “stablecoin” and the crypto exchange FTX, whose founder Sam Bankman-Fried allegedly committed all manner of financial crimes in the course of becoming a media darling. In the past year, the industry has lost about two-thirds of its value — meaning people who invested on Brady’s advice likely lost money. Crypto players had hoped Congress might step in and free the industry from strict regulation by increasingly hostile federal agencies like the Securities and Exchange Commission; the White House suggested in its report that no new laws are needed. “Much of the activity in the crypto asset space is covered by existing regulations and regulators are expanding their capabilities to bring a large number of new entities under compliance,” the White House said. The Blockchain Association, an industry lobbying group, said Tuesday it was disappointed by the White House report. “We urge the Biden administration to consider how it will be remembered: as a leader of profound innovation or a roadblock to a global tech revolution,” Blockchain Association CEO Kristin Smith said in a statement . Sen. Cynthia Lummis (R-Wyo.), a leading cheerleader for crypto on Capitol Hill and herself a major crypto investor, also pushed back against the White House report during an interview with HuffPost, saying the White House should support new legislation to regulate the industry. Lummis then held up her Apple iPhone and directed Siri, the phone’s digital voice assistant, to tell her the current market price of a Bitcoin. Siri complied by saying “$28,700.” (An hour later, Bitcoin’s price fell to around $26,800.) “I would suggest commodities have a value and Bitcoin is a commodity,” Lummis said, satisfied by Siri’s answer. “If a person is looking for short-term gain, it’s the wrong asset to be in. Just like other assets, it should be part of a diversified asset allocation. But to suggest it has no economic benefit or value is absolutely wrong.”... - Reddit Posts (Sample): [['u/daytrader24365', '5 Million members', 166, '2023-05-12 02:47', 'https://www.reddit.com/r/Bitcoin/comments/13f5ngy/5_million_members/', 'I remember when there was not even a million members.....Dying to know the price of Bitcoin when we have 10 Million members', 'https://www.reddit.com/r/Bitcoin/comments/13f5ngy/5_million_members/', '13f5ngy', [['u/8bitdreamer', 22, '2023-05-12 05:37', 'https://www.reddit.com/r/Bitcoin/comments/13f5ngy/5_million_members/jjtwff7/', 'I remember 60,000', '13f5ngy'], ['u/2plash6', 46, '2023-05-12 06:16', 'https://www.reddit.com/r/Bitcoin/comments/13f5ngy/5_million_members/jju0kem/', '5 million is massive, especially compared to the other top subreddits. I never knew Bitcoin on Reddit would be so popular.', '13f5ngy'], ['u/AnOrdinaryMammal', 12, '2023-05-12 06:28', 'https://www.reddit.com/r/Bitcoin/comments/13f5ngy/5_million_members/jju1rtp/', 'I still don’t like the whole 1 Bitcoin = 1 Bitcoin thing. \n\n\n1 Bolivar = 1 Bolivar too. It doesn’t explain anything.', '13f5ngy'], ['u/twoplustwoisyellow', 15, '2023-05-12 07:01', 'https://www.reddit.com/r/Bitcoin/comments/13f5ngy/5_million_members/jju4xep/', '5 million members. 9 comments. I can go to a sub about pretzels only made in Idaho and get more comments in 15 minutes. We need people actively contributing and getting the ball rolling. This thread is interesting to me but here we are. No one even commenting about it.', '13f5ngy'], ['u/quityourcunting', 13, '2023-05-12 07:39', 'https://www.reddit.com/r/Bitcoin/comments/13f5ngy/5_million_members/jju89s8/', 'Idk man. This is the kind of sub that discourages dumb, low effort content. I made a post about having a last call for sub 20k btc when it creeped up from 16k late last year and it was deleted for being a basic post about bitcoin price. I’m guessing Idaho pretzel subs have less stringent standards.', '13f5ngy'], ['u/Farnboroughrd', 24, '2023-05-12 07:50', 'https://www.reddit.com/r/Bitcoin/comments/13f5ngy/5_million_members/jju9787/', 'Bitcoin is my last roll of the dice for financial security for my children,the way things are going here(Australia) inflation (hidden tax) is rising wages haven’t gone up in a decade, electricity is ridiculously expensive, house prices are astronomical, this isn’t how I thought it would be,I thought back in the 70’s that the future would be so much better but it’s not it’s the exact opposite of how it should be.', '13f5ngy'], ['u/FixedGearJunkie', 12, '2023-05-12 16:58', 'https://www.reddit.com/r/Bitcoin/comments/13f5ngy/5_million_members/jjvpuvt/', 'I remember when we hit 1 million. The quality of posts has gone a bit downhill. But I still love this sub.', '13f5ngy'], ['u/BitcoinFan7', 11, '2023-05-12 18:03', 'https://www.reddit.com/r/Bitcoin/comments/13f5ngy/5_million_members/jjvzmvo/', 'The early users were mainly AnCaps and cypherpunks and the discussions were certainly more in depth on topics like economics, libertarianism, and distributed systems. I do miss the meeting of the minds and debate on big ideas but every sub that gains in popularity eventually hits an eternal september where the high level discussions are diluted and the memes proliferate. Not much we can do about it except collectively try to submit more thought provoking content and downvote vapid low effort content.', '13f5ngy']]], ['u/kap89', 'Some perspective on the number of Visa and ACH transfers from my recent r/bitcoin conversation', 19, '2023-05-12 03:12', 'https://www.reddit.com/r/Buttcoin/comments/13f67k8/some_perspective_on_the_number_of_visa_and_ach/', "> Any idea how many transactions are dealt with by visa for example?\n\nIn 2022 fiscal year they processed [192.5 billion transactions](https://annualreport.visa.com/financials/default.aspx), so ~6,104 TPS.\n\nThey claimed total capacity of:\n\n* 24,000 TPS in [2010](https://usa.visa.com/run-your-business/small-business-tools/retail.html)\n* 65,000+ TPS in [2017](https://www.visa.co.uk/dam/VCOM/download/corporate/media/visanet-technology/aboutvisafactsheet.pdf)\n\nSo in general, they should handle all transaction on the fly, with no backlog / mempool.\n\n---\n\n> I guess the difference is that btc transactions are all final settlement, where visa isn’t. I guess I should have asked how many ach bank transfers happen.\n\nWhile it's hard to tell exactly, as there are many clearing houses in the world, here are some stats to give you an idea:\n\n* [US ACH Network](https://en.wikipedia.org/wiki/ACH_Network) in 2018 processed 23 billion transactions, which averages to ~730 TPS,\n\n* [BACS (UK)](https://en.wikipedia.org/wiki/BACS) in 2019 processed 6.5 billion transactions, which averages to ~206 TPS, and while I don't have maximum capacity for any of these institutiions, the linked wiki page mentions maximum transactions processed by BACS in one day as 124 million, which averages to ~1,435 TPS,\n\nIf we approximate from these two data-points (I know, it's a very crude approximation), we would get ~80 million transactions per 1 million citizens per year. Which multiplied by global population would produce ~640 billion transactions per year, which averages to >20,000 TPS, with unknown max capacity (assuming that these system can scale at least to the level of UK record day, you can multiply the final number by at least 7).\n\nOf course economic activity is different in different parts of the world, there are countries where number of ACH transactions is little bigger (probably countries like Japan and South Korea), or much lower (parts of Africa), but as a _future_ world currency, Bitcoin will have to tackle these numbers eventually.", 'https://www.reddit.com/r/Buttcoin/comments/13f67k8/some_perspective_on_the_number_of_visa_and_ach/', '13f67k8', [['u/Nutmeg92', 14, '2023-05-12 05:41', 'https://www.reddit.com/r/Buttcoin/comments/13f67k8/some_perspective_on_the_number_of_visa_and_ach/jjtwuuj/', 'It’s fine, it’s a free market, you can just bid 1000$ to get your grocery payment through in less than 6 hours.', '13f67k8'], ['u/b0b89', 14, '2023-05-12 08:35', 'https://www.reddit.com/r/Buttcoin/comments/13f67k8/some_perspective_on_the_number_of_visa_and_ach/jjucsan/', "You fools you forgot how Bitcoin works. 🙄\n\nYou're focused on the current endless growth of capitalism. A constantly growing number of people buying more and more things. \n\nBitcoin outsmarts the problem. Instead of scaling capacity up it scales demand down. 😎\n\nBy causing an environmental catastrophe that renders much of the earth 🌎 uninhabitable 😳\n\nWho's gonna need thousands of transactions a second when the population is 800 people mostly farming teff and scavenging the ewaste dumps", '13f67k8']]], ['u/Hellboymeep', 'Remaining Music Left (Updated)', 189, '2023-05-12 04:03', 'https://www.reddit.com/r/LilPeep/comments/13f7d5t/remaining_music_left_updated/', 'Hello everyone: To put it short, i decided to make a updated version of this list after such a long time, now that so much material have both been discorvered, released & leaked :)\n\nNow for this post, im only gonna do stuff that haven\'t been heard fully before as i feel like its way more interesting just reading about the unheard stuff, other than stuff that is heard, just not on streaming platforms.\n\nAlso im sorry that around the bottom, there is barely any pics and only links to imgur, however its due to reddit only allowing to post 20 pictures and 5 videos per post.\n\nI will put everthing in yearly order starting with remaining songs on remaining projects, then going to singles & music videos.\n\nI have a pretty strong feeling im missing something, so if there is anything im missing, feel free to comment it below so i can get it added!\n\n\n\nQuick note: I do NOT condone or support the people leaking peeps music, im just posting it on here so that everyone that wants to hear it can. \n\nAlso a short message for Liza, if you see this and want me to take down the links for the leaked stuff, please feel free to comment it under the post, or dm me, and ill will get it all taken down! I never want to be disrespectful in any way🙏❤️\n\n\n\n# Projects:\n\n*GRXXNGHOSTEXENPEEP:\n\nCover: Unknown\n\nTracklist: Unknown\n\nProducer(s): Unknown\n\nDescription: GRXXNGHOSTEXENPEEP was a project that made during the early schemmaposse era in 2016 maybe even a little bit in 2015. In a [Instagram Post](https://www.instagram.com/p/COEY-MSHV4T/) by Jgrxxn he goes over some of his unreleased stuff, (Mainly beats) and we can see the name of the project when he scrolls down. \n\nIn the replies someone asked about what it was, and Jgrxxn said it was a project they were working on. When someone asked if it was lost he said: \'\'Got verses here and there\'\'. Other than that no one knows if its ever gonna release or get heard.\n\n\n\n\n\n\n\nPEEP X CRAIG XEN MIXTAPE:\n\n[Cover For The Peep X Craig Xen Tape, confirmed in dms with Nar On The Track](https://preview.redd.it/5k6za95uq8za1.png?width=709&format=png&auto=webp&v=enabled&s=c4c27d9070f6dfb6f05e8e0440542521e82f2202)\n\nTracklist: \n[Unbreakable](https://youtu.be/Lc68FuxwkJs) \n(Rest unknown)\n\nProducer(s): Nar On The Track\n\nDescription: The peep x craig xen mixtape was recorded in between late 2015 and early 2016. The Mixtape is produced entirely by \'\'Nar on the track\'\'. In a now deleted tweet on 06/27/2017, Nar On The Track posted saying. \'\'This @ Craigxen x @ lil peep tape fully produced by me was pose to be out a year ago\'\'. \n\nIn 2021/2022, a person reached out to Nar On The Track and asked about the tape. Nar On the track said: \'\'Craig Xen stopped replying to my dms years ago and i never got to meet either so i have no idea what happened to the project.\n\n[Deleted tweet from Nar On The Track](https://preview.redd.it/v1qc9udnq8za1.jpg?width=392&format=pjpg&auto=webp&v=enabled&s=0298b733580390f1e7237e57b1f4a856a6ae1324)\n\n\n\n\n\n\n\nPeep Hart EP:*\n\n[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: ['A bright light illuminated the non-fungible tokens scene this week, but was it a near-death experience for NFTs or a beacon of hope? Like a moth to the flame, I\x92m drawn in to investigate. Maybe it\x92s liquidity freshly in traders\x92 hands from Blur\x92s new Blend lending protocol, or perhaps those sweet $PEPE and $TURBO gains are finally trickling back to NFTs, but NFTs just had their best single day of sales since mid-March. It\x92s actually pretty simple to see what happened. The weather in NFTs has been perfect, with good news from established projects, hot tech, a bit of money in traders\x92 pockets from trading meme coins, and a well-timed tweet from none other than the current (and soon-to-be former) chief executive officer of Twitter, Elon Musk. pic.twitter.com/4s6HwnCY74 \x97 Elon Musk (@elonmusk) May 10, 2023 Nobody knew that Musk was preparing a rocket launch this week, but that\x92s exactly what happened when he tweeted a meme from the Milady\xa0Maker\x92s NFT community that has now been viewed over 32 million times. Sales of Milady NFTs exploded and carried the rest of the market with them to a height of US$217 million in sales volume this week. Milady NFT CryptoSlam chart Binance integrated Bitcoin NFTs into their marketplace, giving Ordinals a new way to reach the masses without needing to be a technical wizard to trade them. NFTs on the OG blockchain were red hot, with a new flavor of Ordinal called BRC-20s picking up momentum. BRC-20s are Bitcoin\x92s version of Ethereum\x92s meme coins, but at their core, they\x92re also like an NFT collection. We\x92ll give a technical breakdown of these new Bitcoin Ordinals in a future edition of On Deck. The Bitcoin ecosystem seems to be in \x93up only\x94 mode right now, and when that will end, nobody knows. Ribbit. Bitcoin-Ordinals CryptoSlam chart The Pudgy Penguins project had two announcements this week that added to their feel-good story. First, they announced a new partnership with WME talent agency that brings them closer to movies, games, and other mainstream entertainment. Then the adorable crew followed that up with an announcement that they had raised US$9 million in seed funding. Not bad for a project that was circling the drain before being purchased by the marketing master Luca Schnetzler (Gel Blaster, Vibe Body Care, Cookies n Kicks). Story continues The Pudgy Penguins\x92 NFT sales probably didn\x92t have much of an impact on the market, but the positive news coming in the thick of a bear market was a welcomed bright spot that just for a moment reminded us all that there is real growth happening here. Pudgy Penguins CryptoSlam chart Here\x92s where things get interesting, and if you are a regular reader of On Deck, you already know this re-occurring topic. The Forkast 500 NFT Index reflects the NFT market losing over 8% this week. Yes, high gas fees are largely to blame, but we can\x92t minimize the effect that the NFT casino continues to play. Traders are still trading the way we\x92ve come to expect, as out with the old and in with the new has become the degen\x92s creed. Established projects have continued to lose value and volume, as traders favor the newest drops and the hottest trends.', 'A bright light illuminated the non-fungible tokens scene this week, but was it a near-death experience for NFTs or a beacon of hope?\nLike a moth to the flame, I’m drawn in to investigate.\nMaybe it’s liquidity freshly in traders’ hands from Blur’s new Blend lending protocol, or perhaps those sweet $PEPE and $TURBO gains are finally trickling back to NFTs, but NFTs just had their best single day of sales since mid-March.\nIt’s actually pretty simple to see what happened. The weather in NFTs has been perfect, with good news from established projects, hot tech, a bit of money in traders’ pockets from trading meme coins, and a well-timed tweet from none other than the current (and soon-to-be former) chief executive officer of Twitter, Elon Musk.\nNobody knew that Musk was preparing a rocket launch this week, but that’s exactly what happened when he tweeted a meme from theMilady\xa0Maker’sNFT community that has now been viewed over 32 million times. Sales of Milady NFTs exploded and carried the rest of the market with them to a height of US$217 million in sales volume this week.\nBinance integrated Bitcoin NFTs into their marketplace, giving Ordinals a new way to reach the masses without needing to be a technical wizard to trade them. NFTs on the OG blockchain were red hot, with a new flavor of Ordinal called BRC-20s picking up momentum. BRC-20s are Bitcoin’s version of Ethereum’s meme coins, but at their core, they’re also like an NFT collection. We’ll give a technical breakdown of these new Bitcoin Ordinals in a future edition of On Deck.\nThe Bitcoin ecosystem seems to be in “up only” mode right now, and when that will end, nobody knows. Ribbit.\nThe Pudgy Penguins project had two announcements this week that added to their feel-good story. First, they announced a new partnership with WME talent agency that brings them closer to movies, games, and other mainstream entertainment. Then the adorable crew followed that up with an announcement that they had raised US$9 million in seed funding. Not bad for a project that was circling the drain before being purchased by the marketing master Luca Schnetzler (Gel Blaster, Vibe Body Care, Cookies n Kicks).\nThe Pudgy Penguins’ NFT sales probably didn’t have much of an impact on the market, but the positive news coming in the thick of a bear market was a welcomed bright spot that just for a moment reminded us all that there is real growth happening here.\nHere’s where things get interesting, and if you are a regular reader of On Deck, you already know this re-occurring topic. TheForkast 500 NFT Indexreflects the NFT market losing over 8% this week.\nYes, high gas fees are largely to blame, but we can’t minimize the effect that the NFT casino continues to play. Traders are still trading the way we’ve come to expect, as out with the old and in with the new has become the degen’s creed. Established projects have continued to lose value and volume, as traders favor the newest drops and the hottest trends.', '• US stocks slid on Friday as traders assessed the outlook on the debt ceiling crisis and recession odds.\n• All three indexes ended lower, with the S&P 500 notching its second straight losing week.\n• Meanwhile, Fed Governor Michelle Bowman floated another possible rate hike as inflation is still high.\nUS stocks slid Friday as investors assessed the outlook on the US debt ceiling crisis. All three major indexes ended the day lower, with the S&P 500 notching its second straight losing week.\nPresident Joe Biden was scheduled to meet with other lawmakers on Friday to discuss a possible solution to the debt ceiling crisis, though talks have been postponed until next week. Congress now has just a few weeks to raise the national debt limit before the government could potentially run out of money, perTreasury Secretary Janet Yellen\'s estimate.\nFederal Reserve Governor Michelle Bowman also floated the possibility that the Fed may issue another interest rate hike to tackle high inflation, raising further fears that tighter Fed policy could spark a recession.\nThe University of Michigan consumer sentiment survey dipped to 57.7 in May, its lowest level in six months. Meanwhile, inflation expectations over the next five years rose to 3.2%, the highest level the survey recorded since 2008.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500:4,124.12, down 0.16%\n• Dow Jones Industrial Average:33,300.62, down 0.03% (8.89 points)\n• Nasdaq Composite:12,284.74, down 0.35%\nHere\'s what else is going on:\n• The debt ceiling crisis is "pathetic"since government revenue is near a record high, according to top economist David Rosenberg.\n• Gold jumped ahead of stocksas Americans\' preferred long-term investment.\n• Mega-cap stocks face a bigger sell-offas a recession looms, JPMorgan warned.\n• Dollar dominance is stronger because of sanctions, not weaker, a former US Treasury official said.\n• Big banks could cover 95% of the cost to refill the $16 billion holeblown in the FDIC\'s deposit insurance fund.\n• A recession and a credit crunch could result in $1 trillionof corporate debt defaults, Bank of America warned.\n• Elon Musk stepping down as Twitter CEOmay only be partly positive for Tesla investors, Gene Munster said.\n• Margin debt used to buy stocks has plungedby $329 billion as investors de-risk their exposure to the stock market.\nIn commodities, bonds, and crypto:\n• Oil prices fell.West Texas Intermediatewas down 1% to $70.14 a barrel.Brent crude, the international benchmark, dropped 1% to $74.24 a barrel\n• Goldlost 0.16% to trade at $2,017.10 per ounce\n• The10-year Treasury yieldrose six basis points 3.46%\n• Bitcoinslipped 1.34% to $26,481\nRead the original article onBusiness Insider', 'Brendan McDermid/Reuters US stocks slid on Friday as traders assessed the outlook on the debt ceiling crisis and recession odds. All three indexes ended lower, with the S&P 500 notching its second straight losing week. Meanwhile, Fed Governor Michelle Bowman floated another possible rate hike as inflation is still high. US stocks slid Friday as investors assessed the outlook on the US debt ceiling crisis. All three major indexes ended the day lower, with the S&P 500 notching its second straight losing week. President Joe Biden was scheduled to meet with other lawmakers on Friday to discuss a possible solution to the debt ceiling crisis, though talks have been postponed until next week. Congress now has just a few weeks to raise the national debt limit before the government could potentially run out of money, per Treasury Secretary Janet Yellen\'s estimate . Federal Reserve Governor Michelle Bowman also floated the possibility that the Fed may issue another interest rate hike to tackle high Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-13 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $519,673,942,650 - Hash Rate: 346023367.89415514 - Transaction Count: 575640.0 - Unique Addresses: 553742.0 Social & AI Sentiment: - Fear & Greed Index: 0.48 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The Treasury has scrapped plans for the Royal Mint to create its own non-fungible token - REUTERS/Florence Lo/Illustration/File Photo The Treasury has scrapped plans for the Royal Mint to create its own non-fungible token (NFT). It comes less than a year after Britains coin-maker was tasked with selling the Government-backed token , a controversial project Rishi Sunak had said was an emblem of the forward-looking approach the UK is determined to take. NFTs use technology behind cryptocurrencies such as Bitcoin to confer ownership of digital items such as artwork or virtual clothing. However, the Treasury has confirmed it is no longer proceeding with the NFT launch at this time, following a consultation with the Royal Mint. The proposal will be kept under review, a Royal Mint spokesman said. Economic Secretary Andrew Griffith shared the announcement with Parliament on Monday in response to a written question from Conservative MP Harriett Baldwin, who had asked if creating NFTs remained a Treasury policy. Commenting on the announcement, Ms Baldwin, chair of the Treasury Select Committee, told the BBC: "We have not yet seen a lot of evidence that our constituents should be putting their money in these speculative tokens unless they are prepared to lose all their money. "So perhaps that is why the Royal Mint has made this decision in conjunction with the Treasury." Mr Sunak, then Chancellor, asked the Royal Mint last April to deliver the state-backed NFT by that summer. The token was understood to be a collectable digital artwork, extending the range of existing commemorative coins offered by the Royal Mint. The Mint hoped that creating NFTs would attract a new audience and help customers own digital collectables in a secure and trusted way. It also presented another growth opportunity for the Mint as the UK increasingly moves towards becoming a cashless society, as seen by the Treasurys plans to develop a digital pound . However, the Treasury soon faced backlash after refusing to disclose how much the NFT plans were costing British taxpayers . The decision to abandon the project comes as the value of the NFT market has diminished over the past year, as part of a global rout of digital assets - dubbed the crypto winter. Many cryptocurrencies, which are used to to buy and self NFTs, have sharply dropped in value as investors continue to exit the market still beset by scams and cyber attacks. The price of Bitcoin has fallen nearly 38pc over the past year.... - 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: ['Turkey election For months he had stubbornly resisted calls to step aside and make way for Kemal Kilicdaroglu , the man seeking to become Turkey’s next president at too-close-to-call elections on Sunday 14 May. But then, on Thursday, so late in the day that ballot papers with his name on them had already been printed, Muharrem Ince suddenly backed down. “I am withdrawing from the candidacy. I am doing this for my country,” he said. But not, it transpired, of his own free will. Instead, the 59-year-old insisted, he was the victim of a smear campaign. A sex tape, he said, had been swiped from “an Israeli porn site” and doctored to make it appear as if he was involved. “This is not my private life, it’s slander. It’s not real.” But the effects of his withdrawal could be very real. Though Ince was polling only around 2 per cent ahead of the election, most of his backers are now expected to shift their support to Kilicdaroglu, who is seeking to unseat Turkey’s increasingly autocratic leader Recep Tayyip Erdogan after two decades in power. And with polls putting Kilicdaroglu on 49.3 per cent to Erdogan’s 43.7 per cent, a handful of extra votes is all the challenger needs to cross the 50 per cent threshold and avoid a run-off against an incumbent famed as a political survivor. Yet should it prove decisive, the alleged sex tape would only prove the most dramatic fakery in a campaign that has been marked by misinformation and accusations of foreign meddling – accusations that saw Kilicdaroglu, 74, denounce “montages, plots, [and] Deep Fake tapes” – referring to realistic AI-generated videos of people saying or doing things they haven’t done. Muharrem Ince has suddenly withdrawn from the Turkish presidential race - STR/EPA-EFE/Shutterstock The target of his ire was Russia, long seen as an ally of his electoral opponent Erdogan. And analysts suggest such dirty tricks from Moscow would make sense. “Russia is definitely favouring Erdogan [in the election],” says Galip Dalay at Chatham House. “They have energy and grain deals. Putin can even meet Erdogan, head of a Nato country, and so say he is not isolated and that the Nato front is not united.” Story continues Yet Erdogan subsequently suggested that his rival’s accusations of Russian interference were no more than a ruse to deflect attention from the real culprit. “One of the candidates withdrew,” he said after Ince stood down. “Of course, it is impossible to understand why. What did [Kilicdaroglu] come up with? A tape. How did he do that? All they know is tricks.” And just as Russia has reason to back Erdogan, Israel – provenance of the doctored sex tape, according to its victim – may have reason to see Turkey’s president unseated. “There has been difficulty, real bad blood between Israel and Turkey over the past decade,” says Dalay. “One can assume Israel would back the opposition.” Whatever the truth about foreign meddling, though, there is little doubt that the world is watching Turkey’s election, freighted as it is with stunning geopolitical significance. Turkey has long played what an intelligence source calls “the man in the middle” – trying to leverage its position as both a Nato member and a country with close ties to Moscow. It also has a critical role in controlling the flow of refugees into Europe and, despite Erdogan’s increasingly dictatorial instincts, remains a large Muslim democracy in a region hardly overflowing with them. With the war in Ukraine, however, the stakes have got even higher, as West and East both try to bring the world’s 11th biggest economy further into their camp. “And Turkey,” says the source, “is trying to juggle both sides.” On one hand, Ankara is blocking Sweden’s accession to Nato and buying Russian gas, but on the other, “it isn’t turning a blind eye to weapons smuggled through Turkish territorial waters. And nor has Erdogan started arguing Putin’s case in the Western camp.” Yet if the elections are vital for the world beyond Turkey’s borders, they are also critical for Turkey. The opposition claims they are a chance to restore the country’s battered economy, whose plummeting currency and soaring 40 per cent-plus inflation has created a cost of living crisis that has made many Turks dramatically poorer. Erdogan insists, however, that only he can prevent the restoration of a secular, metropolitan elite dragging the country from its cultural roots. Turkey, he says, can be powerful and prosperous without sliding inexorably Westwards. Erdogan and his wife Emine during the unveiling of the AK Party’s election manifestovvvv - Adem Altan It is a clash of civilisations viewpoint that perhaps explains why his campaign has allegedly stooped to its own video deception, playing film at a rally that appears to stitch together footage from a genuine campaign video by his rival with images of Murat Karayilan, one of the founders of the Kurdish PKK separatists , as if to suggest Kilicdaroglu was endorsed by a group regarded as terrorists by the EU and the US State Department. A German media investigation found that the clips came from two entirely separate videos and the Turkish opposition was not being endorsed by the PKK. Now accusations fly back and forth of truth-bending and image manipulation so voters cannot know if they can trust their eyes. Kilicdaroglu says Erdogan “can make negative propaganda by changing sound and images”, going so far as to suggest his rival is in league with foreign agents, presumably Russian. “We’ve learned that they’ve made agreements with some hackers from abroad and made payments in Bitcoin,” he said. This week he insisted, after directly accusing Russia, via tweet, of meddling: “I wouldn’t tweet if we didn’t have concrete evidence. We find it unacceptable for another country to intervene in Turkey’s election process in favour of a political party. I wanted the whole world to know this.” If there is a deal with Moscow, says the intelligence source, it would represent “classic Russian tactics”. The exchange goes as follows: “If we can help you win the election, if we do you a favour when you’re in power, you’re going to have to do us a favour.” Sophisticated deep fake videos and other visible elements of a disinformation campaign are useful, the source continues, because they help the outside nation behind them, such as Russia, “demonstrate proof that they helped the candidates get elected, firstly to give them leverage when they want to call in favours, and secondly, to use as blackmail if the favours aren’t returned.” Recep Tayyip Erdogan - Anadolu Agency If Turkey’s election is a live demonstration of the destructive havoc that AI and other advanced technologies can wreak on democracies, then democracies themselves can find it hard to respond in kind to such underhand meddling. To intervene in a foreign election, a British deep fake operation would require authorisation at cabinet or prime ministerial level, if it was done at all. “We have the capacity, we just don’t have the policy permissions,” says the source. In an emergency, getting those permissions would take “time and effort. These [Russian] guys can just go and do it in a couple of hours with little or no oversight.” Instead, efforts are directed at “counter disinformation”. “What we can do very quickly is expose the truth.” But in the end even that may not prove enough. “Deep fakes are very worrying,” says the source. “We’re probably already at the stage where a video could emerge of Rishi Sunak declaring war on China and you wouldn’t be able to tell if it was real.” Today, with Europe’s worst fighting in 70 years raging across the Black Sea opposite Turkish shores, such provocative fakes may change the course of elections. Soon they may start the wars themselves. Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month, then enjoy 1 year for just $9 with our US-exclusive offer.', 'Turkey election For months he had stubbornly resisted calls to step aside and make way for Kemal Kilicdaroglu , the man seeking to become Turkey’s next president at too-close-to-call elections on Sunday 14 May. But then, on Thursday, so late in the day that ballot papers with his name on them had already been printed, Muharrem Ince suddenly backed down. “I am withdrawing from the candidacy. I am doing this for my country,” he said. But not, it transpired, of his own free will. Instead, the 59-year-old insisted, he was the victim of a smear campaign. A sex tape, he said, had been swiped from “an Israeli porn site” and doctored to make it appear as if he was involved. “This is not my private life, it’s slander. It’s not real.” But the effects of his withdrawal could be very real. Though Ince was polling only around 2 per cent ahead of the election, most of his backers are now expected to shift their support to Kilicdaroglu, who is seeking to unseat Turkey’s increasingly autocratic leader Recep Tayyip Erdogan after two decades in power. And with polls putting Kilicdaroglu on 49.3 per cent to Erdogan’s 43.7 per cent, a handful of extra votes is all the challenger needs to cross the 50 per cent threshold and avoid a run-off against an incumbent famed as a political survivor. Yet should it prove decisive, the alleged sex tape would only prove the most dramatic fakery in a campaign that has been marked by misinformation and accusations of foreign meddling – accusations that saw Kilicdaroglu, 74, denounce “montages, plots, [and] Deep Fake tapes” – referring to realistic AI-generated videos of people saying or doing things they haven’t done. Muharrem Ince has suddenly withdrawn from the Turkish presidential race - STR/EPA-EFE/Shutterstock The target of his ire was Russia, long seen as an ally of his electoral opponent Erdogan. And analysts suggest such dirty tricks from Moscow would make sense. “Russia is definitely favouring Erdogan [in the election],” says Galip Dalay at Chatham House. “They have energy and grain deals. Putin can even meet Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-14 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $520,973,001,450 - Hash Rate: 415228041.47298616 - Transaction Count: 631677.0 - Unique Addresses: 565005.0 Social & AI Sentiment: - Fear & Greed Index: 0.48 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Join the most important conversation in crypto and web3! Secure your seat today A lesser-known but historically reliable bitcoin price indicator has flipped positive, signaling the onset of a major bull market. Bitcoin's (BTC) reserve-risk multiple has crossed above zero, turning positive for the first time since October 2021, according to blockchain analytics firm Glassnode. The previous crossovers above zero paved the way for parabolic price rallies. "In 2012, 2013, 2015, 2019 and 2020, it resulted in gains of 2,830%, 566%, 6,400%, 99% and 487%, respectively," on-chain analyst Ali MartineztweetedMonday. Glassnode defines reserve risk as a long-term cyclical indicator, comparing the incentive to sell at the going market price with long-term holders resisting the temptation to liquidate. A lower reading indicates strong conviction among "HODLers" – slang for long-term crypto investors – and vice versa. The reserve-risk multiple is calculated by dividing the daily indicator value by its 365-day moving average. The reserve-risk multiple's previous crossovers above and below zero accurately predicted major bullish and bearish trends. If history is a guide, the latest positive crossover means the cryptocurrency's 80% year-to-date rally to 10-month highs above $30,000 may be only the first milestone in its upward journey. The bullish implication is consistent with bitcoin's tendencyto chalk upoutsized rallies in the months leading up to the mining reward halving. This programmed code reduces the pace of the cryptocurrency's supply expansion by 50% every four years. Bitcoin's fourth reward halvingis duein April next year.... - Reddit Posts (Sample): [['u/FairBlamer', 'The perfect reply to “Bitcoin has no value” (use it, spread it)', 15, '2023-05-14 00:11', 'https://www.reddit.com/r/Bitcoin/comments/13gubel/the_perfect_reply_to_bitcoin_has_no_value_use_it/', 'Anytime anyone says bitcoin doesn’t have value, here’s how I reply:\n\n>“Billions of people around the world don’t have the luxury to access dollars. For them, bitcoin is a lifeline. [Here is a letter from 21 human rights activists from 20 different countries to the US congress explaining why bitcoin helps the struggle for global freedom.](https://www.financialinclusion.tech/)”\n\n—————\n\nEffectiveness against different types of bitcoin critics:\n\n# (TYPE 1) Bigot Class\n\nDescription: Fomenting, extreme hardcore anti-bitcoiners who have aneurysms when they see or hear the word bitcoin\n\nThese folks won’t change their mind no matter what you say. However, when they see the above, even they have no comeback whatsoever, so they just downvote you and don’t reply.\n\nResult: Extremely Effective\n\n\n\n# (TYPE 2) Sneer Class\n\nDescription: Anti-bitcoin echo chamber cheerleaders\n\nThese are people who enjoy social clout from sneering at bitcoin but don’t actually have a lot of experience thinking very deeply about pro- or even anti- bitcoin talking points.\n\nWhen faced with the above, they can’t think of any socially acceptable counter-sneer. So they silently read and don’t upvote or downvote, instead retreating to other topics with a newly found respect for bitcoin, even if only a mild one.\n\nResult: Extremely Effective\n\n\n\n# (TYPE 3) Normie Class\n\nDescription: Never thought much about bitcoin, just regurgitate headlines and popular anti-bitcoin talking points to fit in\n\nThis represents the vast majority of people who say bitcoin has no value. When they are confronted with such compelling evidence from respectable authorities on the subject of human rights, they often upvote the comment and sometimes even reply back with genuine interest, saying things like “thank you for sharing this” or “I didn’t know this about bitcoin” or “I can’t believe more people aren’t talking about this”.\n\nResult: Extremely Effective\n\n—————\n\nTL;DR \\- The above copy/paste comment succinctly and effectively dismantles anti-bitcoin critics of all kinds.\n\nUse it, spread it.', 'https://www.reddit.com/r/Bitcoin/comments/13gubel/the_perfect_reply_to_bitcoin_has_no_value_use_it/', '13gubel', [['u/BusinessBreakfast3', 12, '2023-05-14 01:45', 'https://www.reddit.com/r/Bitcoin/comments/13gubel/the_perfect_reply_to_bitcoin_has_no_value_use_it/jk24jul/', 'I usually say: send me 1 for free', '13gubel']]], ['u/AGOTFAN', '🇨🇳 Fast X first day presale still only ~20% of F9. If no significant improvement in the next 3 days & WoM is bad, then even lower than #GotGVol3 total could happen.', 66, '2023-05-14 01:12', 'https://www.reddit.com/r/boxoffice/comments/13gvri2/fast_x_first_day_presale_still_only_20_of_f9_if/', 'Source: \nhttps://twitter.com/bulletproofsqui/status/1657417600341774337?t=-BTcw_f2R6s1ybCXqy3i3g&s=19', 'https://i.imgur.com/37ReZXl.png', '13gvri2', [['u/ALHOWE6', 13, '2023-05-14 01:18', 'https://www.reddit.com/r/boxoffice/comments/13gvri2/fast_x_first_day_presale_still_only_20_of_f9_if/jk21aaw/', 'This disputes what Firefox posted which showed about a 10% increase in presales vs F9.', '13gvri2'], ['u/REQ52767', 29, '2023-05-14 01:40', 'https://www.reddit.com/r/boxoffice/comments/13gvri2/fast_x_first_day_presale_still_only_20_of_f9_if/jk23z8k/', 'As was the case for Guardians 3, this movie is screwed if it isn’t good. If it’s good, it’ll overcome and be a hit like Guardians.', '13gvri2'], ['u/Secure_Ad1628', 12, '2023-05-14 01:45', 'https://www.reddit.com/r/boxoffice/comments/13gvri2/fast_x_first_day_presale_still_only_20_of_f9_if/jk24krx/', 'This is first day only, I think Firefox posts full presales apart from OD', '13gvri2'], ['u/and_dont_blink', 13, '2023-05-14 04:56', 'https://www.reddit.com/r/boxoffice/comments/13gvri2/fast_x_first_day_presale_still_only_20_of_f9_if/jk2pwp2/', 'family fatigue', '13gvri2']]], ['u/ljapa', 'It’s absolutely amazing that there is over $1.3B in Casascius coins not redeemed', 33, '2023-05-14 05:00', 'https://www.reddit.com/r/Bitcoin/comments/13h0oyz/its_absolutely_amazing_that_there_is_over_13b_in/', 'At current pricing [the unredeemed Casascius coins are valued at over $1.3 billion dollars](https://casascius.uberbills.com/).\n\nOver 1/3 of that is in 1000 bitcoin coins and bars. \n\nI find it amazing for a number of reasons. It seems pretty clear that Mike Caldwell was legit. More value has been redeemed than hasn’t. That means redemption works. There’s also been no claims I’ve ever heard of that it didn’t work, meaning Mike didn’t keep any keys. \n\nEven a 0.1 Casascius coin represents $2600+ dollars. Unlike a hardware wallet where you can backup your seed, each coin is a single point of failure. I’d have to imagine the larger ones are in safes, but I still wonder how a plastic hologram would hold up in a fire, even in a safe. I can’t imagine owning one of the remaining 1,000 BTC coins/bars and being comfortable protecting that value. Of course, even with my DCA, I’ll never have that much net worth. \n\nIn 2011, when the coins were first produced, [bitcoin peaked at $30](https://www.sofi.com/learn/content/bitcoin-price-history/). On the one hand, I can imagine some of those early Casascius coins being lost because they weren’t worth much, but on the other hand, I can’t imagine someone buying one in 2011 who wasn’t a true believer. \n\nI’m still amazed $1.3B is locked up in unredeemed ones.', 'https://www.reddit.com/r/Bitcoin/comments/13h0oyz/its_absolutely_amazing_that_there_is_over_13b_in/', '13h0oyz', [['u/NvrIdle', 34, '2023-05-14 06:07', 'https://www.reddit.com/r/Bitcoin/comments/13h0oyz/its_absolutely_amazing_that_there_is_over_13b_in/jk2wybi/', 'The newbies here most likely don’t even know what casascious coins even are. Those were the days. Mike Caldwell was ahead of his time and got nothing but heat from the US government for creating them. He was also one of the first people to seriously mine bitcoin with GPU’s. He made multiple YouTube video’s on his mining setup back in the day and paved the way for a lot us to do the same until AICS’s came out. \n\nMike is just about as OG as they get in bitcoin, and I’ve got nothing but respect. Hats off to the guy. Thanks for everything you’ve done Mike!', '13h0oyz']]], ['u/AutoModerator', '[Daily Discussion] - Sunday, May 14, 2023', 26, '2023-05-14 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/13h1xa1/daily_discussion_sunday_may_14_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\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/13h1xa1/daily_discussion_sunday_may_14_2023/', '13h1xa1', [['u/skycake21', 10, '2023-05-14 07:19', 'https://www.reddit.com/r/BitcoinMarkets/comments/13h1xa1/daily_discussion_sunday_may_14_2023/jk332s1/', 'Sell in may and go away..\nHere comes July, set orders to buy...', '13h1xa1'], ['u/Essexal', 11, '2023-05-14 09:01', 'https://www.reddit.com/r/BitcoinMarkets/comments/13h1xa1/daily_discussion_sunday_may_14_2023/jk3arkw/', 'Under 28 is still cheap ;-)', '13h1xa1'], ['u/viralhysteria', 11, '2023-05-14 12:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/13h1xa1/daily_discussion_sunday_may_14_2023/jk3qzby/', "it's kinda funny you're so confidently saying 25.3 is the start of the support area when I literally had to tell you why 25.3 was even support to begin with like a day ago. what if I was wrong? \n\nthere are way too many certainties in your post, focus on what's happening now. \n\nif we continue to hold 26.6-26.9 for at least another day or two there's a pretty high chance we could easily test low 28s before resuming the downtrend if we didn't bottom yesterday. We're pretty close to invalidating the downtrend as it is so unless we start picking up momentum again my bias is starting to lean neutral/cautiously optimistic.", '13h1xa1'], ['u/dopeboyrico', 18, '2023-05-14 14:11', 'https://www.reddit.com/r/BitcoinMarkets/comments/13h1xa1/daily_discussion_sunday_may_14_2023/jk3x9y3/', 'Decision on the debt ceiling.\n\nThe House and Senate are both in session at the same time only through the 18th this week before the x date. After that the House and Senate are in session on non-overlapping days through the x date.\n\nX date is as early as June 1st. When the x date occurs, if a decision is not yet made, the government would no longer be able to pay all of their obligations on time. Treasury bonds would most likely be prioritized to avoid a technical default but Social Security, Medicare, tax refunds, and military salaries would likely end up getting delayed.\n\nCongress is going to end up raising the debt ceiling last minute but the closer we get to the x date with no decision made, the more volatile markets will be as people start to get fearful and price in the severe repercussions of not raising the debt ceiling.', '13h1xa1'], ['u/btchodler4eva', 10, '2023-05-14 16:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/13h1xa1/daily_discu... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 was trading over $27K to recover some lost ground from its plunge last week.\nInsights:The stablecoin supply ratio drop of the past 11 days suggests a potential increase in buying power for stablecoins.\nCoinDesk Market Index (CMI)\n1,158\n+8.4▲0.7%\nBitcoin (BTC)\n$27,165\n+433.8▲1.6%\nEthereum (ETH)\n$1,820\n+23.6▲1.3%\nS&P 500\n4,124.08\n−6.5▼0.2%\nGold\n$2,020\n+5.4▲0.3%\nNikkei 225\n29,388.30\n+261.6▲0.9%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,158", "+8.4\\u25b20.7%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$27,165", "+433.8\\u25b21.6%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,820", "+23.6\\u25b21.3%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,124.08", "\\u22126.5\\u25bc0.2%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$2,020", "+5.4\\u25b20.3%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["29,388.30", "+261.6\\u25b20.9%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nHopeful Signs for BTC at $27K\nAfter seven days of plunging prices, bitcoin steadied.\nThe largest cryptocurrency by market capitalization was recently trading at about $27,165, up 1.1% over the past 24 hours and a little above where it stood when the weekend began. BTC remains down more than 10% since May 5 when it started its most recent swoon, the result of profit-taking and low liquidity against a backdrop of industry-focused and macroeconomic uncertainties.\n"Financial markets in general (are) driven by risk, by liquidity, and so, not surprising right now, when people are fearing risk assets as a whole, we\'re seeing large swaths of selling," Ryan Rasmussen, an analyst for crypto fund manager Bitwise, told CoinDesk TV\'s "First Mover" program on Friday.\n"When there\'s less liquidity, you\'re going to have larger swings in price whenever an asset (is) sold." But he added: "There will be more liquidity come into crypto."\nEther, the second largest crypto in market value, was changing hands near $1,800, down a few fractions of a percentage point and about the same level as early Saturday. Other major cryptos moved into green territory as the Asia trading week began with Litecoin recently up more than 5.7%. TheCoinDesk Market Index, a measure of the crypto market\'s performance, was up 0.8%.\nLeading Asia indexes were mixed with the Nikkei up about 0.5% but the Hang Seng down 0.2%. Rasmussen noted the declining correlation between crypto and traditional asset markets, which were mixed last week with the tech heavy Nasdaq Composite up slightly over the most recent five days but the S&P 500 and Dow Jones Industrial Average (DJIA) falling 0.2% and 1.1%, respectively.\n"Any kind of mistrust in traditional financial systems plays into the hands of crypto," Rasmussen said, adding: "I\'m happy to see the correlation fall between traditional risk assets, traditional equities and crypto."\nIn an email to CoinDesk, Joe DiPasquale, the CEO of crypto fund manager BitBull Capital, noted that the current "macroeconomic situation around the world is creating a conducive environment for crypto assets to thrive."\nThis week, DiPasquale is looking for bitcoin\'s price to hold steady in a range between $25,000 and $27,000 "before bouncing toward $30K again."\n"We don’t think the market needs a catalyst in the immediate term," he wrote. "It is only a matter of time before we see another major rally."\n[{"Asset": "Gala", "Ticker": "GALA", "Returns": "+5.3%", "DACS Sector": "Entertainment"}, {"Asset": "Terra", "Ticker": "LUNA", "Returns": "+3.7%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Cardano", "Ticker": "ADA", "Returns": "+2.4%", "DACS Sector": "Smart Contract Platform"}]\n[{"Asset": "Cosmos", "Ticker": "ATOM", "Returns": "\\u22120.5%", "DACS Sector": "Smart Contract Platform"}]\nWhat Does the Recent Stablecoin Supply Ratio Mean for Bitcoin?\nThe Stablecoin Supply Ratio (SSR) has declined approximately 11% over the most recent 11 days, indicating a potential increase in buying pressure for bitcoin.\nThe metric, which measures the ratio of bitcoin’s market capitalization to the market cap of stablecoins, gives insight into the supply-and-demand dynamics between stablecoins (used as a vehicle to purchase cryptocurrencies) and BTC itself.\nA higher SSR indicates that buying power is weakening, while lower values indicate that buying power is increasing.\nThe recent SSR drop follows a 52% increase between March and May 5. The pivot indicates that additional cash or liquid reserves have entered the market, and could lead to higher BTC prices.\n3:00 p.m. HKT/SGT(7:00 UTC)Eurogroup Meeting\n4:30 p.m. HKT/SGT(8:30 UTC)Bank of England Monetary Policy Report Hearings\n5:00 p.m. HKT/SGT(9:00 UTC)Eurozone Industrial Production s.a. (MoM/March)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nBitcoin Touches 2-Month Low; Do Kwon Set To Be Released From Montenegro Jail\nBitcoin (BTC) continued to lose ground in the wake of CoinDesk\'s Bitcoin Trend Indicator, shedding the bullish bias for the first time in three weeks. Bitwise crypto analyst Ryan Rasmussen shared his markets analysis. Separately, Terraform Labs founder Do Kwon was set to be released from Montenegro jail on supervised bail as his trial on document forgery charges continues. Plus, Chia Network CEO and President Gene Hoffman discussed the blockchain and smart-contract platform\'s plans to go public. Wormhole Foundation head of operations Dan Reecer also joined the conversation.\nBinance Announces Exit from Canada, Citing Regulatory Tensions:The world’s largest crypto exchange by volume said new guidance related to stablecoins and investor limits prompted the exit.\nEthereum Resumes Finalizing Blocks after Second Performance Hiccup in 24 Hours:When blocks are not being finalized, it is possible that pending transactions might be re-ordered or dropped from the network. Developers haven\'t determined the source of the hold-ups, but they are urging for calm amidst the concern and uncertainty.\nAmong Bitcoin Developers, Debate Is Raging Over Whether to Censor Ordinals BRC-20s:Despite calls for censorship, many developers agree that maintaining the status quo is the right thing to do for now.\nMakerDAO Founder Proposes Plan for Upgraded Versions of DAI Stablecoin, Governance Token:Rune Christensen also proposed to incorporate artificial intelligence-assisted processes into Maker’s governance.\nHouse Democrats Consider New Stablecoin Bill Proposal, Source:The proposal comes weeks after Republicans introduced their own discussion draft of a new bill.', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin was trading over $27K to recover some lost ground from its plunge last week.\nInsights:The stablecoin supply ratio drop of the past 11 days suggests a potential increase in buying power for stablecoins.\nCoinDesk Market Index (CMI)\n1,158\n+8.4▲0.7%\nBitcoin (BTC)\n$27,165\n+433.8▲1.6%\nEthereum (ETH)\n$1,820\n+23.6▲1.3%\nS&P 500\n4,124.08\n−6.5▼0.2%\nGold\n$2,020\n+5.4▲0.3%\nNikkei 225\n29,388.30\n+261.6▲0.9%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,158", "+8.4\\u25b20.7%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$27,165", "+433.8\\u25b21.6%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,820", "+23.6\\u25b21.3%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,124.08", "\\u22126.5\\u25bc0.2%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$2,020", "+5.4\\u25b20.3%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["29,388.30", "+261.6\\u25b20.9%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nHopeful Signs for BTC at $27K\nAfter seven days of plunging prices, bitcoin steadied.\nThe largest cryptocurrency by market capitalization was recently trading at about $27,165, up 1.1% over the past 24 hours and a little above where it stood when the weekend began. BTC remains down more than 10% since May 5 when it started its most recent swoon, the result of profit-taking and low liquidity against a backdrop of industry-focused and macroeconomic uncertainties.\n"Financial markets in general (are) driven by risk, by liquidity, and so, not surprising right now, when people are fearing risk assets as a whole, we\'re seeing large swaths of selling," Ryan Rasmussen, an analyst for crypto fund manager Bitwise, told CoinDesk TV\'s "First Mover" program on Friday.\n"When there\'s less liquidity, you\'re going to have larger swings in price whenever an asset (is) sold." But he added: "There will be more liquidity come into crypto."\nEther, the second largest crypto in market value, was changing hands near $1,800, down a few fractions of a percentage point and about the same level as early Saturday. Other major cryptos moved into green territory as the Asia trading week began with Litecoin recently up more than 5.7%. TheCoinDesk Market Index, a measure of the crypto market\'s performance, was up 0.8%.\nLeading Asia indexes were mixed with the Nikkei up about 0.5% but the Hang Seng down 0.2%. Rasmussen noted the declining correlation between crypto and traditional asset markets, which were mixed last week with the tech heavy Nasdaq Composite up slightly over the most recent five days but the S&P 500 and Dow Jones Industrial Average (DJIA) falling 0.2% and 1.1%, respectively.\n"Any kind of mistrust in traditional financial systems plays into the hands of crypto," Rasmussen said, adding: "I\'m happy to see the correlation fall between traditional risk assets, traditional equities and crypto."\nIn an email to CoinDesk, Joe DiPasquale, the CEO of crypto fund manager BitBull Capital, noted that the current "macroeconomic situation around the world is creating a conducive environment for crypto assets to thrive."\nThis week, DiPasquale is looking for bitcoin\'s price to hold steady in 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: 2023-05-15 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $533,181,080,000 - Hash Rate: 350796104.00304 - Transaction Count: 526379.0 - Unique Addresses: 579485.0 Social & AI Sentiment: - Fear & Greed Index: 0.50 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Join the most important conversation in crypto and web3! Secure your seat today Bitcoin (BTC) hung precariously around $30,000 Wednesday afternoon after the latestConsumer Price Index (CPI) reportshowed inflation cooling slightly but not by as much as economists had expected. The largest cryptocurrency by market capitalization was recently at $30,030, off a few fractions of a percentage point over the past 24 hours, according to CoinDesk’s data. BTC’s price reached as high as $30,548 earlier Wednesday after the Bureau of Labor Statistics’ much-watched inflation reading showed the CPI rising 0.1% increase in March, slower than economists' 0.2% forecast for the month and then February’s 0.4% reading. On a year-over-year basis, the CPI was higher by 5%, down from 6% in February and against expectations of 5.2%. BTC's profit-taking is "intensifying" following the report, Edward Moya, senior market analyst at foreign exchange Oanda, wrote in a Wednesday note. “It seems the momentum rally for bitcoin might be over for now,” Moya wrote. “Inflation hedge and or a breaking of its correlation from equities might subside for a while.” He added that BTC looks poised to consolidate as "it will clearly need a robust catalyst to keep the rally going.” Ether (ETH), the second-largest cryptocurrency in market value, was recently trading at $1,914, up 0.3% from Tuesday, same time. Validators and market watchers are eyeing Ethereum’sShanghai (or Shapella) upgrade, which is scheduled to go live at 6:27 p.m. ET (22:27 UTC). Read more:LIVE BLOG: Ethereum's Shanghai Upgrade Crypto analysts and tradersare split on the event’smarket impact with some expecting ETH selling pressure to send the token’s price downward, but others foreseeing little significant price impact. “While there is plenty of short-term concern around what happens once staked ETH is unlocked, long term the ability to enter and exit at will opens the doors for new entrants to the market that may have been wary of locking their funds for an indeterminate period of time,” Jim Myers, founder and chief technology officer at blockchain analytics platform Flipside Crypto, told CoinDesk in an email. BTC and ETH have risen by more than 6% and 4%, respectively, in the past seven days. TheCoinDesk Market Index(CMI), which measures the overall crypto market performance, was down 0.2% for the day but rose by 2.2% in the past seven days. Equity markets turned mixed on Wednesday afternoon. The S&P 500 and Dow Jones Industrial Average (DJIA) were recently trading up 0.3% and 0.5%, respectively. The tech-heavy Nasdaq was almost flat.... - 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 was stable around $27,300. Insights: Funding rates on bitcoin and ether perpetual futures, often an indication of sentiment, remain positive. Prices CoinDesk Market Index (CMI) 1,169 +12.5 ▲ 1.1% Bitcoin (BTC) $27,170 +253.1 ▲ 0.9% Ethereum (ETH) $1,817 +17.0 ▲ 0.9% S&P 500 4,136.28 +12.2 ▲ 0.3% Gold $2,020 +5.7 ▲ 0.3% Nikkei 225 29,626.34 +238.0 ▲ 0.8% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,169 +12.5 ▲ 1.1% Bitcoin (BTC) $27,170 +253.1 ▲ 0.9% Ethereum (ETH) $1,817 +17.0 ▲ 0.9% S&P 500 4,136.28 +12.2 ▲ 0.3% Gold $2,020 +5.7 ▲ 0.3% Nikkei 225 29,626.34 +238.0 ▲ 0.8% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Quiet market translates to less bullish energy Crypto markets were quiet, and prices for both bitcoin ( BTC ) and ether ( ETH ) were trading below their 20-day moving average . As CoinDesk markets analyst Glenn Williams Jr. wrote, trading volumes will be key to watch, since they could amplify or mute the sentiment behind any directional move. According to Jeff Dorman, chief investment officer at the digital-asset manager Arca, so-called bid/ask spreads – the difference between the price a buyer is willing to pay and what a seller will accept – is wide, especially after some market makers quit crypto. "The prices of most digital assets are stuck in a wind tunnel," Dorman in a newsletter. In traditional finance , stock-market action was muted as traders try to handicap the odds of whether U.S. lawmakers can agree on a plan to avoid a default by the federal government, with the Treasury\'s borrowings moving closer to the official limit. Biggest Gainers Asset Ticker Returns DACS Sector Raydium RAY +4.41% DeFi ARPA ARPA +3.25% Computing OMG Network OMG +1.76% Smart Contract Platform Biggest Losers Asset Ticker Returns DACS Sector Lido DAO LDO -10.04% DeFi The Graph GRT -9.05% Computing Liquity LQTY -8.23% DeFi Insights Funding rates remain positive in crypto markets Perpetual futures funding rates remain positive for both bitcoin and ether, a sign that sentiment in the market remains positive for the moment. Story continues Funding rates on bitcoin perpetual futures. (Glassnode) Perpetual funding rates represent payments within the futures markets between participants who are long or short the asset. When funding rates are positive, holders of long positions pay a fee to holders of short positions. When funding rates are negative, the opposite is the case. The interpretation is that funding rates can often indicate bullish or bearish sentiment, with the former represented by positive rates, and the latter represented by negative ones. For bitcoin funding rates have been positive in 8 of the most recent 10 trading days. Ether by comparison has shown positive funding rates in 7 of the most recent days, declining to zero 3 times, but not falling below zero since April 6. Important events. 10:00 a.m. HKT/SGT(2:00 UTC) China Retail Sales (YoY/April) 2:00 p.m. HKT/SGT(6:00 UTC) United Kingdom Claimant Count Change (April) 8:30 p.m. HKT/SGT(12:30 UTC) Bank of Canada Consumer Price Index Core (YoY/April) CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Bitcoin Bounces Back Above $27K; Binance Plans Exit From Canada Bitcoin (BTC) was trading over $27,000, recovering some lost ground after its plunge last week. This came as crypto exchange Binance announced that it would cease operations in Canada, citing the challenging regulatory environment. Dunleavy Investment Research crypto strategist Tom Dunleavy shared his markets analysis. Separately, EY Global blockchain leader Paul Brody discussed the professional services giant starting an Ethereum-based platform for enterprises to track their carbon emissions and carbon credit traceability. Christoph Jentzsch, corpus.ventures CEO and Slock.it founder, also joined the conversation. Headlines Weekly DEX Volume on BNB Chain Hits Highest in a Year : Lower fees and Binance’s popularity are among the reasons noted by market analysts. Bitcoin Rewards Company Fold Expands to El Salvador, Brushing Off Jump in On-chain Fees : The firm says El Salvador will serve as its base for operations in Latin America. Polygon Co-Founder Launches Web3 Fellowship Program : Sandeep Nailwal will invest $500,000 of his personal capital on a new cohort each year. South Korea Probes Crypto Exchanges Upbit, Bithumb on Ex-Lawmaker\'s Transfers : Lawmaker Kim Nam-kuk resigned from the main opposition party after his crypto transfers incited controversy. Bankrupt Crypto Lender Celsius Transfers $75M of Ether to Staking Service Figment : The maneuver represents one of the largest transfers of funds for Celsius Network since it filed for bankruptcy protection in July.', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin was stable around $27,300.\nInsights:Funding rates on bitcoin and ether perpetual futures, often an indication of sentiment, remain positive.\nCoinDesk Market Index (CMI)\n1,169\n+12.5▲1.1%\nBitcoin (BTC)\n$27,170\n+253.1▲0.9%\nEthereum (ETH)\n$1,817\n+17.0▲0.9%\nS&P 500\n4,136.28\n+12.2▲0.3%\nGold\n$2,020\n+5.7▲0.3%\nNikkei 225\n29,626.34\n+238.0▲0.8%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,169", "+12.5\\u25b21.1%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$27,170", "+253.1\\u25b20.9%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,817", "+17.0\\u25b20.9%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,136.28", "+12.2\\u25b20.3%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$2,020", "+5.7\\u25b20.3%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["29,626.34", "+238.0\\u25b20.8%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nQuiet market translates to less bullish energy\nCrypto markets were quiet, and prices for both bitcoin (BTC) and ether (ETH) weretrading below their 20-day moving average.\nAs CoinDesk markets analyst Glenn Williams Jr. wrote, trading volumes will be key to watch, since they could amplify or mute the sentiment behind any directional move.\nAccording to Jeff Dorman, chief investment officer at the digital-asset manager Arca, so-called bid/ask spreads – the difference between the price a buyer is willing to pay and what a seller will accept – is wide, especially after somemarket makers quit crypto.\n"The prices of most digital assets are stuck in a wind tunnel," Dorman in a newsletter.\nIntraditional finance, stock-market action was muted as traders try to handicap the odds of whether U.S. lawmakers can agree on a plan to avoid a default by the federal government, with the Treasury\'s borrowings moving closer to the official limit.\n[{"Asset": "Raydium", "Ticker": "RAY", "Returns": "+4.41%", "DACS Sector": "DeFi"}, {"Asset": "ARPA", "Ticker": "ARPA", "Returns": "+3.25%", "DACS Sector": "Computing"}, {"Asset": "OMG Network", "Ticker": "OMG", "Returns": "+1.76%", "DACS Sector": "Smart Contract Platform"}]\n[{"Asset": "Lido DAO", "Ticker": "LDO", "Returns": "-10.04%", "DACS Sector": "DeFi"}, {"Asset": "The Graph", "Ticker": "GRT", "Returns": "-9.05%", "DACS Sector": "Computing"}, {"Asset": "Liquity", "Ticker": "LQTY", "Returns": "-8.23%", "DACS Sector": "DeFi"}]\nFunding rates remain positive in crypto markets\nPerpetual futures funding rates remain positive for both bitcoin and ether, a sign that sentiment in the market remains positive for the moment.\nPerpetual funding rates represent payments within the futures markets between participants who are long or short the asset. When funding rates are positive, holders of long positions pay a fee to holders of short positions. When funding rates are negative, the opposite is the case.\nThe interpretation is that funding rates can often indicate bullish or bearish sentiment, with the former represented by positive rates, and the latter represented by negative ones.\nFor bitcoin funding rates have been positive in 8 of the most recent 10 trading days. Ether by comparison has shown positive funding rates in 7 of the most recent days, declining to zero 3 times, but not falling below zero since April 6.\n10:00 a.m. HKT/SGT(2:00 UTC)China Retail Sales (YoY/April)\n2:00 p.m. HKT/SGT(6:00 UTC)United Kingdom Claimant Count Change (April)\n8:30 p.m. HKT/SGT(12:30 UTC)Bank of Canada Consumer Price Index Core (YoY/April)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nBitcoin Bounces Back Above $27K; Binance Plans Exit From Canada\nBitcoin (BTC) was trading over $27,000, recovering some lost ground after its plunge last week. This came as crypto exchange Binance announced that it would cease operations in Canada, citing the challenging regulatory environment. Dunleavy Investment Research crypto strategist Tom Dunleavy shared his markets analysis. Separately, EY Global blockchain leader Paul Brody discussed the professional services giant starting an Ethereum-based platform for enterprises to track their carbon emissions and carbon credit traceability. Christoph Jentzsch,corpus.venturesCEO andSlock.itfounder, also joined the conversation.\nWeekly DEX Volume on BNB Chain Hits Highest in a Year:Lower fees and Binance’s popularity are among the reasons noted by market analysts.\nBitcoin Rewards Company Fold Expands to El Salvador, Brushing Off Jump in On-chain Fees:The firm says El Salvador will serve as its base for operations in Latin America.\nPolygon Co-Founder Launches Web3 Fellowship Program:Sandeep Nailwal will invest $500,000 of his personal capital on a new cohort each year.\nSouth Korea Probes Crypto Exchanges Upbit, Bithumb on Ex-Lawmaker\'s Transfers:Lawmaker Kim Nam-kuk resigned from the main opposition party after his crypto transfers incited controversy.\nBankrupt Crypto Lender Celsius Transfers $75M of Ether to Staking Service Figment:The maneuver represents one of the largest tr Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-16 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $522,720,148,425 - Hash Rate: 365114312.3296948 - Transaction Count: 566462.0 - Unique Addresses: 625496.0 Social & AI Sentiment: - Fear & Greed Index: 0.54 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Hear ye, hear ye! Just in time for the coronation of King Charles III and Queen Camilla on May 6, the Evening Standard newspaper has teamed with digital artist Trevor Jones to launch a free collection of commemorative Ethereum NFT celebrating the event on Nifty Gateway. Created in collaboration with Apollo NFT, “The Oath” can be claimed directly on Nifty Gateway or by using a QR code printed in the newspaper. The QR codes are also posted on billboards along Oxford Street, for those travelling to the capital to take part in the celebrations in person. But before you let the FOMO set in, the NFTs won’t be minted and delivered to collectors' wallets until May 7. “With the eyes of the world on London this weekend, we are extremely proud to collaborate with Trevor Jones and celebrate this iconic moment for our city,” Evening Standard CEO Charles Yardley said. “Trevor’s NFT depicts imagery representing centuries of tradition and history, in a format that represents how the modern world is democratising art for both artists and collectors.” The Oath NFT began as a physical painting by Jones in his Edinburgh studio. The artwork depicts Saint Edward’s Crown , worn by Queen Elizabeth II in her 1953 coronation. “With Layer-2 in play now and the carbon footprint down 99.99%, there’s no longer an environmental issue with using the Ethereum blockchain,” Jones told Decrypt . “More importantly, however, I saw this as a fantastic opportunity to onboard new collectors into the NFT art scene, which is currently hitting quite the lows from the last couple of years.” Layer-2 refers to a protocol built on a blockchain like Immuntable X or the Bitcoin Lightning Network. This looks incredible! @W1curates lighting up Oxford St., London with the NFT artwork 'The Oath' celebrating the King's #Coronation . Claim your free edition of the NFT here 👇 👑 https://t.co/n0uEBYTnAd In partnership with @EveningStandard & @ApolloNft #CoronationWeekend pic.twitter.com/w0hWHDhkqm — Trevor Jones 🎨 (@trevorjonesart) May 4, 2023 “Dropping on Nifty Gateway meant that anyone could register an account simply with an email address and mint their first NFT artwork,” Jones said, adding that he wanted the process to be as simple as possible for collectors minting their first NFT. Story continues The Evening Standard joins other media outlets making the leap into Web3, including TIME , GQ , and Playboy . The Oath isn't the first NFT mint to commemorate the British royal family. In September, following the passing of Queen Elizabeth II, an NFT collection, QueenE by Web3 builders Fabio Sevá, Vinícius Rodrigues, Everton Matumoto, and the pseudonymous mladen.eth, was launched to celebrate the life of England’s longest (1952-2022) reigning monarch. Non-fungible tokens, NFTs , are cryptographically unique tokens linked to digital and physical content, providing proof of ownership, authenticity, or membership in a group. Previous collections by Jones include Bitcoin Angels, Man vs. Machine with rap icon Ice Cube, and Picasso’s Bull .... - Reddit Posts (Sample): [['u/tenthousandbottles', "Why aren't people screaming about the 250k unconfirmed BTC transactions and high fees?", 28, '2023-05-16 00:31', 'https://www.reddit.com/r/btc/comments/13imtsf/why_arent_people_screaming_about_the_250k/', "Also, [https://twitter.com/udiWertheimer/status/1657085665148821506](https://twitter.com/udiWertheimer/status/1657085665148821506)\n\nThis Udi guy won't deny that Craig Wright is paying him to spam BRC-20 transactions?", 'https://www.reddit.com/r/btc/comments/13imtsf/why_arent_people_screaming_about_the_250k/', '13imtsf', [['u/ShadowOfHarbringer', 19, '2023-05-16 01:10', 'https://www.reddit.com/r/btc/comments/13imtsf/why_arent_people_screaming_about_the_250k/jkaq6dn/', 'They have been screaming in this subreddit for 6 years now.\n\nYou must be new here.', '13imtsf'], ['u/Pablo_Picasho', 24, '2023-05-16 01:58', 'https://www.reddit.com/r/btc/comments/13imtsf/why_arent_people_screaming_about_the_250k/jkawgwv/', 'So few real users left\n\nRest are hodlers who will only wake up when they have to make a real transaction', '13imtsf'], ['u/ShadowOrson', 15, '2023-05-16 04:54', 'https://www.reddit.com/r/btc/comments/13imtsf/why_arent_people_screaming_about_the_250k/jkbj5jr/', 'Where, exactly, are they allowed to scream about them?', '13imtsf'], ['u/emergent_reasons', 10, '2023-05-16 06:45', 'https://www.reddit.com/r/btc/comments/13imtsf/why_arent_people_screaming_about_the_250k/jkbueqb/', 'A user who needs to pay attention or risk their stash becoming frozen and/or worthless.', '13imtsf']]], ['u/Bilbo_Butthole', 'GameStop: The Catastrophic Catalyst of Hyperinflation, Redeemed by the Rise of Decentralized Currency', 385, '2023-05-16 02:32', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/', "Little thesis I’m working on. Please be fully transparent and honest in your feedback. Thanks!\n\nAbstract:\nThis thesis explores the dire consequences that the GameStop phenomenon will have on the global economy, specifically the triggering of hyperinflation. However, amid this impending disaster, a savior emerges in the form of decentralized currency. This revolutionary monetary system will single-handedly rescue humanity from the brink of financial ruin and lead us towards a new era of prosperity.\n\nChapter 1: Introduction\n\n1.1 Background and Significance\nThe meteoric rise of GameStop, fueled by speculative retail investors, is a ticking time bomb that threatens to destabilize the global economy. This thesis examines the unfolding catastrophe and highlights the pivotal role of decentralized currency in averting complete financial collapse.\n\nChapter 2: GameStop: The Inflated Bubble\n\n2.1 Manipulation and Irrational Exuberance\nThe GameStop frenzy witnessed an unparalleled level of market manipulation, driven by a small group of renegade investors who artificially inflated the stock's value. This irrational exuberance created a volatile bubble primed for implosion, bringing about catastrophic economic repercussions. \n\n2.2 Systemic Contagion\nThe impending burst of the GameStop bubble will unleash a domino effect throughout the financial system. This contagion will spread like wildfire, destabilizing banks, investment firms, and eventually entire economies. The aftermath will be a harrowing era of hyperinflation.\n\nChapter 3: The Hyperinflation Nightmare\n\n3.1 The GameStop Catalyst\nGameStop's collapse will have a cascading effect on the stock market, triggering a devastating chain reaction that leads to hyperinflation. The sudden devaluation of stocks and assets will erode confidence in traditional fiat currencies, sending inflation spiraling out of control.\n\n3.2 The Fiat Currency Plague\nCentral banks, reliant on archaic fiat currencies, will be ill-prepared to handle the hyperinflation crisis. Governments will frantically print money, flooding the markets with worthless paper currency, further exacerbating the inflationary spiral. Society will plunge into chaos as citizens struggle to afford basic necessities, leading to widespread economic collapse.\n\nChapter 4: The Rise of Decentralized Currency\n\n4.1 The Blockchain Revolution\nDecentralized currencies, such as Bitcoin and other cryptocurrencies, will emerge as the ultimate panacea for the hyperinflation crisis. By eliminating the control of central banks and governments, these digital currencies restore power to the people and foster true financial freedom. \n\n4.2 The Inflation Hedge\nDecentralized currencies, with their limited supply and built-in mechanisms to prevent inflation, will provide a safe haven for individuals seeking protection from the impending hyperinflation catastrophe. As fiat currencies crumble, decentralized currencies will skyrocket, ensuring the preservation of wealth and offering a lifeline to those who have embraced this transformative monetary system.\n\nChapter 5: Conclusion\n\nIn conclusion, the GameStop phenomenon serves as a harbinger of hyperinflation that will ravage the global economy. However, salvation lies in the rise of decentralized currencies, offering an escape from the clutches of central banks and government control. By embracing these digital assets, individuals can shield themselves from financial ruin and pave the way for a prosperous future.\n\nWill expand on this if there is interest!", 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/', '13ips63', [['u/treZissou', 48, '2023-05-16 02:37', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkb1lmf/', 'I think I need to DRS more shares.', '13ips63'], ['u/ISayBullish', 141, '2023-05-16 02:38', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkb1unq/', 'More speculation than DD at this point IMO, however if you expand more on the topics at length with sources it could be considered DD\n\nThesis makes sense though\n\n“We will watch your career with great interest” - Shiv Palpatine\n\nBullish', '13ips63'], ['u/CookShack67', 61, '2023-05-16 03:00', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkb4qsz/', 'Greetings fellow kids', '13ips63'], ['u/Octopus_vagina', 40, '2023-05-16 03:33', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkb917x/', 'This post and all the posts Comments claiming it’s genius scream “agenda”', '13ips63'], ['u/Octopus_vagina', 22, '2023-05-16 03:40', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkb9yy8/', 'It’s not really DD. It’s big time speculation.\n\nI welcome DD - like the heat lamp DD', '13ips63'], ['u/ChanThe4th', 25, '2023-05-16 03:47', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkbasuq/', "It's -literally- not DD. It's a hype piece using keywords to sound edgy and make retail look like fools that collapsed something, when in reality this is a direct result of Market Makers and Banks using swaps/derivatives to hide insanely leveraged positions.\n\nIt's shill bait.", '13ips63'], ['u/vasDcrakGaming', 144, '2023-05-16 03:48', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkbaynb/', '1.1 is such fucking bullshit dont pin that on gamestop. Its because of the naked short selling. Not retail. Its the hesgies', '13ips63'], ['u/allaskew123', 47, '2023-05-16 04:00', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkbcjb7/', 'Wtf is this bullshit??!! All these comment upvotes from unrecognizable names?? I’m in the goddamn twilight zone. This sounds like those “Jesus told me to sell at $40”. My downvote finger is getting sore.', '13ips63'], ['u/Defago', 32, '2023-05-16 04:06', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkbd7k3/', 'This is some bullshit.', '13ips63'], ['u/I-Love-Game-Stop', 10, '2023-05-16 04:40', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkbhku5/', 'He makes it sound like all the investors are going to lose their ass in a bubble WTF', '13ips63'], ['u/Stonkerrific', 32, '2023-05-16 04:54', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkbj6p6/', 'This reads very oddly. Subtle FUD.', '13ips63'], ['u/UncleNuks', 36, '2023-05-16 05:00', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkbjvgp/', 'Not a single mention of quantitative easing and money printing, derivatives, leverage, deregulation, sovereign debt/bonds, abusive and illegal naked short selling…but yet you want to talk about hyperinflation and systemic collapse? No mention of BRICS or de-dollarization or the fractional reserve banking system?\n\nThis reads like GameStop will be the cause of the fall which couldn’t be further from the truth. I think you need to read some more DD and get back to the drawing board.\n\nYou also mention “irrational exuberance” of investors so I would like to remind you of this wonderful quote from Forbes, March 2021: “The GME event is in fact the result of a process that is hyper-rational. It is based on highly accurate calculations of specific outcomes which possess a much higher degree of certainty than is the case for normal investment decisions. There is no "madness of crowds" here.”\n\nIt’s not “irrational” like you say, it is, in fact, “hyper-rational”.', '13ips63'], ['u/RBradyFrost', 80, '2023-05-16 05:31', 'https://www.reddit.com/r/Superstonk/comments/13ips63/gamestop_the_catastrophic_catalyst_of/jkbn950/', 'Yeah, no. This is crap. Investors buying and holding legitimate shares of any company don’t hyper inflate the value of said company. That’s price discovery. It’s called supply and demand, and value is established when the market supply meets current demand. If the price is too high, d... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin prices fell on Wednesday morning in Asia but remained above the US$27,000 line. Ether gained but still posted a weekly drop. XRP led gainers among other top 10 non-stablecoin cryptocurrencies on the back of a favorable ruling for Ripple Labs in its lawsuit with the Securities and Exchange Commission (SEC). U.S. equity futures gained as U.S. President Joe Biden and Congress reportedly made progress on raising the debt ceiling. See related article: EU\x92s MiCA gets unanimous nod from European Council Ripple gains after positive ruling Bitcoin fell 0.87% to US$27,036.75 in the 24 hours to 7:35 a.m. in Hong Kong, but lost 2.05% over the last seven days according to CoinMarketCap data. Ether edged up 0.28% to US$1,825.91, while posting a 1.10% weekly loss. Other top 10 non-stablecoin cryptocurrencies traded mixed on Wednesday morning. XRP led the gains, adding 2.68% to US$0.4399. The gain follows positive news for Ripple Labs, a payments firm that depends on XRP technology, as Judge Analisa Torres for the U.S. District Court for the Southern District of New York denied the SEC\x92s motion to seal the controversial Hinman Speech documents from the public. The document refers to a speech given by former SEC official William Hinman on June 14, 2018. In the speech, Hinman stated that the agency did not view Bitcoin or Ethereum as securities. This statement is a major point of focus in the long-running legal battle between Ripple and the SEC. The regulator accuses Ripple of providing unregistered securities. Meanwhile, Polygon\x92s Matic led losses among the top 10 non-stablecoins. It registered a loss of 2.21% to US$0.8442, with a 3.56% drop over the past seven days. The total crypto market capitalization fell 0.93% in the past 24 hours to US$1.13 trillion. The total trading volume also lost 7% to US$28.74 billion. Bitcoin to challenge Ethereum\x92s NFT supremacy? The indexes are proxy measures of the performance of the global NFT market. They are managed by CryptoSlam , a sister company of Forkast.News under the Forkast.Labs umbrella. In the non-fungible token market, the Forkast 500 NFT index recorded a loss of 0.13% to 3,378.53 points in the 24 hours to 7:30 a.m. in Hong Kong, down 2.32% during the week. Story continues This, said CryptoSlam NFT analyst Yehudah Petscher, can again be attributed to \x93low volume and high transacting fees from crypto trading.\x94 24-hour NFT sales on Ethereum, the leading blockchain for NFTs, rose 2.16% to US$18.6 million. Sales on the Bitcoin blockchain took second place on Cryptoslam\x92s blockchain ranking by gaining 32.11% to US$4.6 million. \x93Bitcoin NFTs are just getting started and in the long run, I expect Bitcoin to compete head-to-head with Ethereum\x92s all-time sales. It may actually exceed them too,\x94 Yehudah said. The Bored Ape Yacht Club NFT collection recorded the highest sales volume in the last 24 hours. It rose 8% to US$2.48 million. All 24 highest individual NFT sales in the past day were Bored Ape Yacht Club NFTs according to Cryptoslam. BAYC #466 sold for 98 ETH (US$178,751). Milady Maker was second in terms of NFT collection rankings by sales volume on Cryptoslam. It recorded a surge of 207.61% over the past 24 hours to US$1.3 million. The collection took the market by storm last week after Twitter and Tesla chief Elon Musk tweeted an image containing the Milady NFT. pic.twitter.com/4s6HwnCY74 \x97 Elon Musk (@elonmusk) May 10, 2023 Traders can expect a slow week ahead in the NFT market as many in the NFT community attend the VeeCon Web3 conference in Indianapolis on May 18-20. \x93Those who believe NFTs can function as access passes, art, and collectibles all in one are in for a treat,\x94 said Cryptoslam\x92s Yehudah. \x93I\x92m expecting markets to be slow while many are off networking, but we also know that degens are going to degen.\x94 U.S. stock futures gain after positive debt ceiling talks Kevin McCarthy, Speaker of the U.S. House of Representatives \| Image: Getty Images U.S. stock futures traded higher as of 9:30 a.m. in Hong Kong, while the Dow Jones Industrial Average futures rose 0.15%. The S&P 500 futures added 0.19%. The Nasdaq Composite futures also gained 0.24% as investors anticipate a solution to the U.S. debt crisis. U.S. President Joe Biden met with leaders of Congress Tuesday to hash out an agreement that would allow a rise in the debt ceiling.. On May 1, U.S. Treasury Secretary Janet Yellen warned Congress that the country will start to fail to meet debt payment obligations as early as June 1. That would result in a debt default and wider economic repercussions in the U.S. and globally. After the one-hour talk at the White House Tuesday, Biden told reporters that the discussion was productive. House Representative Kevin McCarthy appeared to agree. He said it is possible to reach an agreement on raising the debt ceiling by the end of this week. Yellen warned again Tuesday that a debt default would result in an income shock that could lead to a recession. This would destroy jobs and businesses in the country, she said. The Treasury leader called for faster action on raising the debt ceiling. She added that the country is already seeing a heavier debt burden as the stalemate drives borrowing costs higher. The Dow Jones, S&P 500 and Nasdaq Composite each posted losses during regular trading on Tuesday following earnings report releases earlier in the day. Major retailer Home Depot\x92s revenue dropped 4.2% year on year in the first quarter. Company executives warned investors it may see its first annual sales decline since 2009. Investors now await more earnings reports from Tencent Holdings, Cisco Inc., Siemens AG, Target Corp. and more on Wednesday. Federal Reserve Chair Jerome Powell is expected to share his views on interest hikes Friday ahead of the Fed\x92s next interest rate decision on June 14. The rate of between 5 and 5.25% is the highest since 2006. The CME FedWatch Tool predicts a 77.5% chance the Fed will keep rates unchanged in June. However, it also predicts a 22.5% chance for another 25 basis-point rate hike.', 'Bitcoin prices fell on Wednesday morning in Asia but remained above the US$27,000 line. Ether gained but still posted a weekly drop. XRP led gainers among other top 10 non-stablecoin cryptocurrencies on the back of a favorable ruling for Ripple Labs in its lawsuit with the Securities and Exchange Commission (SEC). U.S. equity futures gained as U.S. President Joe Biden and Congress reportedly made progress on raising the debt ceiling.\nSee related article:EU’s MiCA gets unanimous nod from European Council\nBitcoin fell 0.87% to US$27,036.75 in the 24 hours to 7:35 a.m. in Hong Kong, but lost 2.05% over the last seven days according to CoinMarketCap data.\nEther edged up 0.28% to US$1,825.91, while posting a 1.10% weekly loss.\nOther top 10 non-stablecoin cryptocurrencies traded mixed on Wednesday morning. XRP led the gains, adding 2.68% to US$0.4399.\nThe gain follows positive news for Ripple Labs, a payments firm that depends on XRP technology, as Judge Analisa Torres for the U.S. District Court for the Southern District of New Yorkdeniedthe SEC’s motion to seal the controversial Hinman Speech documents from the public.\nThe document refers to a speech given by former SEC official William Hinman on June 14, 2018. In the speech, Hinman stated that the agency did not view Bitcoin or Ethereum as securities. This statement is a major point of focus in the long-running legal battle between Ripple and the SEC. The regulator accuses Ripple of providing unregistered securities.\nMeanwhile, Polygon’s Matic led losses among the top 10 non-stablecoins. It registered a loss of 2.21% to US$0.8442, with a 3.56% drop over the past seven days.\nThe total crypto market capitalization fell 0.93% in the past 24 hours to US$1.13 trillion. The total trading volume also lost 7% to US$28.74 billion.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the non-fungible token market, the Forkast 500 NFT index recorded a loss of 0.13% to 3,378.53 points in the 24 hours to 7:30 a.m. in Hong Kong, down 2.32% during the week.\nThis, said CryptoSlam NFT analyst Yehudah Petscher, can again be attributed to “low volume and high transacting fees from crypto trading.”\n24-hour NFT sales on Ethereum, the leading blockchain for NFTs, rose 2.16% to US$18.6 million. Sales on the Bitcoin blockchain took second place on Cryptoslam’s blockchainrankingby gaining 32.11% to US$4.6 million.\n“Bitcoin NFTs are just getting started and in the long run, I expect Bitcoin to compete head-to-head with Ethereum’s all-time sales. It may actually exceed them too,” Yehudah said.\nThe Bored Ape Yacht Club NFT collection recorded the highest sales volume in the last 24 hours. It rose 8% to US$2.48 million. All 24 highest individual NFT sales in the past day were Bored Ape Yacht Club NFTs according to Cryptoslam. BAYC #466 sold for 98 ETH (US$178,751).\nMilady Maker was second in terms of NFT collection rankings by sales volume on Cryptoslam. It recorded a surge of 207.61% over the past 24 hours to US$1.3 million. The collection took the market by storm last week after Twitter and Tesla chiefElon Musktweeted an image containing the Milady NFT.\nTraders can expect a slow week ahead in the NFT market as many in the NFT community attend the VeeCon Web3 conference in Indianapolis on May 18-20.\n“Those who believe NFTs can function as access passes, art, and collectibles all in one are in for a treat,” said Cryptoslam’s Yehudah. “I’m expecting markets to be slow while many are off networking, but we also know that degens are going to degen.”\nU.S. stock futures traded higher as of 9:30 a.m. in Hong Kong, while the Dow Jones Industrial Average futures rose 0.15%. The S&P 500 futures added 0.19%. The Nasdaq Composite futures also gained 0.24% 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: 2023-05-17 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $520,977,854,800 - Hash Rate: 381818888.7107919 - Transaction Count: 583454.0 - Unique Addresses: 627113.0 Social & AI Sentiment: - Fear & Greed Index: 0.50 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Michael M. Santiago/Getty Images US stocks slipped on Friday as investors digest a wave of large-cap bank earnings. JPMorgan, Wells Fargo, and Citigroup all posted better-than-feared earnings results. Retail sales in March came in weaker than expected, signaling consumers are pulling back on big ticket purchases. US stocks edged lower on Friday as investors sifted through the first wave of first-quarter earnings results from the largest US banks. JPMorgan , Wells Fargo , and Citigroup all posted better-than-expected profit results as the banks benefited from a surge in interest rates. The banks also offered a solid outlook on future net interest income and JPMorgan CEO said he the economy remains resilient. "The U.S. economy continues to be on generally healthy footings — consumers are still spending and have strong balance sheets, and businesses are in good shape," JPMorgan CEO Jamie Dimon said. Despite the solid earnings results from the big bank, weak retail sales in March weighed down stock prices in early trades. Retail sales fell 1% last month, more than the expected decline of just -0.4%. The March retail sales data extended the decline seen in February and was driven by consumers pulling back on big-ticket item purchases like cars. Here's where US indexes stood shortly after the 9:30 a.m. ET opening bell on Friday: S&P 500 : 4,142.75, down 0.08% Dow Jones Industrial Average : 34,032.57, down 0.01% (2.10 points) Nasdaq Composite : 12,117.64, down 0.4% Here's what else is happening this morning: A top investor in Charles Schwab dumped its entire $1.4 billion stake as the brokerage fell victim to turmoil in the banking sector. There is no banking crisis – and unease in the sector will help the Federal Reserve to cool inflation, the head of the International Monetary Fund says. Jeremy Grantham stayed consistent with his bearish view on stocks in a recent interview, saying that the S&P 500 will tank at least 27% as a recession hits the economy. Ethereum's native token ether has surged to top $2,000 and is trading at an 11-month high after the blockchain network completed a long-awaited upgrade that unlocks some investors' tokens. Jimmy and Dee Haslam are set to buy a minority stake in the Milwaukee Bucks after they sold their gas station business to Warren Buffett's Berkshire Hathaway. Story continues In commodities, bonds and crypto: West Texas Intermediate crude oil rose 0.33% to $82.43 per barrel. Brent crude , oil's international benchmark, jumped 0.21% to $86.27. Gold fell 0.91% to $2,036.50 per ounce. The yield on the 10-year Treasury jumped five basis points to 3.49%. Bitcoin fell 0.23% to $20,662, while ether fell 0.59% to $2,099. 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: ['Good morning. Here’s what’s happening: Prices: Unfazed by U.S. debt ceiling talks, bitcoin and ether hold steady while Tether and Circle are diversifying reserves to mitigate dollar risks. Insights: A federal judge denied the SEC\'s bid to conceal documents related to Hinman\'s 2018 ether speech, possibly shedding light on the rationale behind this pivotal announcement amidst Ripple\'s lawsuit. Now, for the sake of the industry, show us the emails. Prices CoinDesk Market Index (CMI) 1,177 +12.6 ▲ 1.1% Bitcoin (BTC) $27,403 +363.6 ▲ 1.3% Ethereum (ETH) $1,822 −2.2 ▼ 0.1% S&P 500 4,158.77 +48.9 ▲ 1.2% Gold $1,986 −2.4 ▼ 0.1% Nikkei 225 30,093.59 +250.6 ▲ 0.8% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,177 +12.6 ▲ 1.1% Bitcoin (BTC) $27,403 +363.6 ▲ 1.3% Ethereum (ETH) $1,822 −2.2 ▼ 0.1% S&P 500 4,158.77 +48.9 ▲ 1.2% Gold $1,986 −2.4 ▼ 0.1% Nikkei 225 30,093.59 +250.6 ▲ 0.8% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Crypto Continues to Shrug Off Looming Debt Ceiling, Despite Tether and USDC Diversifying into Bitcoin Good morning Asia. Bitcoin and ether stand unwavering, shrugging off the potential turbulence from the U.S. debt ceiling negotiations and its ripple effects on crypto. Bitcoin is opening the Asia trading day up 1.3% to $27,403, while ether is down 0.1% to $1,822. In the U.S., debt ceiling negotiations continue, with President Biden declaring that the country will not default on its debt. On one hand, crypto doesn’t seem to care. With liquidity as tight as it is , it takes a lot to move markets. And this just isn’t it. But on the other hand, crypto does seem to care. Tether announced Wednesday U.S. Time that it\'s diversifying its reserves away from government debt and into crypto as it pledged to use around 15% of its profits to buy Bitcoin for its stablecoin reserves. Almost in parallel , Circle said that it is diversifying the reserves supporting its $30 billion USD Coin (USDC), including $8.7 billion in overnight repurchase agreements managed by BlackRock, to fortify against potential U.S. government debt default risks. Story continues Diversification into bitcoin away from the dollar? It’s a maxi’s dream! But bitcoin just isn’t moving on the news. As the clock moves closer to the debt ceiling deadline, we’ll see if any of this actually moves the needle on crypto. Biggest Gainers Asset Ticker Returns DACS Sector Decentraland MANA +5.4% Entertainment Polygon MATIC +5.0% Smart Contract Platform Dogecoin DOGE +3.0% Currency Biggest Losers Asset Ticker Returns DACS Sector Ethereum ETH −0.1% Smart Contract Platform Insights Let’s See the Hinman Emails A federal judge has ruled that the U.S. Securities and Exchange Commission (SEC) cannot seal documents related to former official William Hinman\'s 2018 speech on crypto and securities in its lawsuit against Ripple. This is great because it might finally lead to answers to a question that has gone nagging for years. In 2018, William Hinman, who was serving as the director of corporation finance at the SEC at the time, made a game-changing announcement for the crypto world during a speech at the Yahoo Markets Summit: Ether is not considered a security. But how did he come to this conclusion? Any speech made by a senior official is heavily shopped around, with plenty of stakeholders giving their opinions. CoinDesk tried to get the Hinman emails via a Freedom of Information Act request in November . But the SEC, at the time, withheld emails and notes from the public, arguing they should remain confidential due to privacy concerns and their preparation in anticipation of litigation. It also noted that the release of the documents would constitute an “unwarranted invasion of personal privacy.” While we weren’t able to see the contents because of redactions, what we got back was an extensive email thread that revealed that multiple high-ranking SEC officials, including then-Chair Jay Clayton, contributed to the drafting of William Hinman\'s pivotal 2018 speech on ether\'s status. All of this potentially undermines the SEC\'s claim that the speech was Hinman\'s personal opinion and not official guidance. The industry needs to see these emails to understand the thought process behind Hinman’s statement. SEC officials can come together and offer guidance on Hinman’s speech, so why can’t they give the same guidance to the industry? Important events. Blockchain Expo North America FINRA Annual Conference 2023 9:30 a.m. HKT/SGT(1:30 UTC) Australia Employment Change s.a. (April) CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Bitcoin Slips Below $27K Amid Debt Ceiling Talks; Pudgy Penguins CEO on NFT Marketplace Bitcoin (BTC) continued to drift downward, slipping just below $27,000 as investors keep close attention on the debt ceiling negotiations in Washington. Defiance ETFs CEO Sylvia Jablonski and Galaxy Digital global head of trading Jason Urban shared their insights on the current state of the crypto markets. Plus, Pudgy Penguins CEO Luca Netz discussed the NFT brand\'s latest $9 million funding round. Also, New York University Professor Emeritus Gary Marcus shared his thoughts on artificial intelligence guidelines, following a Senate hearing with OpenAI CEO Sam Altman among those testifying. Headlines Tether Says It Will Buy Bitcoin for Stablecoin Reserves Using Realized Profits : The company, which issues the $82 billion USDT stablecoin, reported $1.48 billion of net profits in 2023 Q1 and revealed $1.5 billion in BTC holdings. Ripple Buys Crypto Custody Firm Metaco for $250M : Metaco will continue to operate as an independent business unit led by CEO and founder Adrien Treccani. Axie Infinity\'s Token Jumps 12% After Firm Lists Game on Apple App Store : The dollar value locked in the open futures contracts tied to AXS has surged to its highest since February, signaling an influx of new money into the market. Dogecoin\'s Daily Transaction Reached Lifetime Highs After ‘DRC-20’ Tokens Introduced : Transactional volumes on Dogecoin briefly surpassed Litecoin and Bitcoin earlier this week. Fleeing U.S. Crypto Firms ‘Welcome,’ French Regulator Says : 100-odd companies could be registered in France as the just-agreed MiCA EU crypto legislation beds in, Financial Markets Authority officials said.', 'Good morning. Here’s what’s happening:\nPrices:Unfazed by U.S. debt ceiling talks, bitcoin and ether hold steady while Tether and Circle are diversifying reserves to mitigate dollar risks.\nInsights:A federal judge denied the SEC\'s bid to conceal documents related to Hinman\'s 2018 ether speech, possibly shedding light on the rationale behind this pivotal announcement amidst Ripple\'s lawsuit. Now, for the sake of the industry, show us the emails.\nCoinDesk Market Index (CMI)\n1,177\n+12.6▲1.1%\nBitcoin (BTC)\n$27,403\n+363.6▲1.3%\nEthereum (ETH)\n$1,822\n−2.2▼0.1%\nS&P 500\n4,158.77\n+48.9▲1.2%\nGold\n$1,986\n−2.4▼0.1%\nNikkei 225\n30,093.59\n+250.6▲0.8%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,177", "+12.6\\u25b21.1%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$27,403", "+363.6\\u25b21.3%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,822", "\\u22122.2\\u25bc0.1%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,158.77", "+48.9\\u25b21.2%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,986", "\\u22122.4\\u25bc0.1%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["30,093.59", "+250.6\\u25b20.8%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nCrypto Continues to Shrug Off Looming Debt Ceiling, Despite Tether and USDC Diversifying into Bitcoin\nGood morning Asia.\nBitcoin and ether stand unwavering, shrugging off the potential turbulence from the U.S. debt ceiling negotiations and its ripple effects on crypto.\nBitcoinis opening the Asia trading day up 1.3% to $27,403, whileetheris down 0.1% to $1,822.\nIn the U.S., debt ceiling negotiations continue, withPresident Biden declaringthat the country will not default on its debt.\nOn one hand, crypto doesn’t seem to care.With liquidity as tight as it is, it takes a lot to move markets. And this just isn’t it.\nBut on the other hand, crypto does seem to care.Tether announced Wednesday U.S.Timethat it\'s diversifying its reserves away from government debt and into crypto as it pledged to use around 15% of its profits to buy Bitcoin for its stablecoin reserves.Almost in parallel, Circle said that it is diversifying the reserves supporting its $30 billion USD Coin (USDC), including $8.7 billion in overnight repurchase agreements managed by BlackRock, to fortify against potential U.S. government debt default risks.\nDiversification into bitcoin away from the dollar? It’s a maxi’s dream! But bitcoin just isn’t moving on the news.\nAs the clock moves closer to the debt ceiling deadline, we’ll see if any of this actually moves the needle on crypto.\n[{"Asset": "Decentraland", "Ticker": "MANA", "Returns": "+5.4%", "DACS Sector": "Entertainment"}, {"Asset": "Polygon", "Ticker": "MATIC", "Returns": "+5.0%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Dogecoin", "Ticker": "DOGE", "Returns": "+3.0%", "DACS Sector": "Currency"}]\n[{"Asset": "Ethereum", "Ticker": "ETH", "Returns": "\\u22120.1%", "DACS Sector": "Smart Contract Platform"}]\nLet’s See the Hinman Emails\nA federal judge has ruledthat the U.S. Securities and Exchange Commission (SEC) cannot seal documents related to former official William Hinman\'s 2018 speech on crypto and securities in its lawsuit against Ripple.\nThis is great because it might finally lead to answers to a question that has gone nagging for years.\nIn 2018, William Hinman, who was serving as the director of corporation finance at the SEC at the time, made a game-changing announcement for the crypto world during a speech at the Yahoo Markets Summit: Ethe Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-18 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $530,725,416,375 - Hash Rate: 344768089.144806 - Transaction Count: 476704.0 - Unique Addresses: 603811.0 Social & AI Sentiment: - Fear & Greed Index: 0.51 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Hong Kong is accelerating toward its goal of becoming a global crypto hub, according to the region’s Secretary for Financial Services and the Treasury. In a Monday speech at the Aspen Digital Web3 Investment Summit in the east Asian business hub, Christopher Huisaidthat the city had received interest from over 80 companies wanting to set up shop in Hong Kong. These include crypto exchanges, blockchain infrastructure companies, blockchain network security companies, virtual currency wallets and payment companies. “Hong Kong is well-positioned to be a leading hub for Web3 in Asia and beyond, and we attach great importance to virtual assets and Web3,” Hui said. Hong Kong has been talking about becoming a hotspot for digital asset innovation for some time now. Its economy and reputation as a fintech hub was shaken after Covid-19 lockdowns and earlier regulatory crackdowns scared many crypto startups away. One of the most notable examples was the failed crypto exchange FTX, whichleftfor the Bahamas while blaming Hong Kong’s confusing regulatory framework for the move. The exchange was once one of the biggest brands in crypto but went bust last year because of alleged mismanagement. Web3 a ‘Golden Opportunity’ for Hong Kong: Finance Secretary Hong Kong has sinceopened upconsultations anddropped new rulesto give retail investors access to digital assets. Nikkei Asiareportedtoday that a number of Chinese crypto companies are eying Hong Kong. These include Chinese securities companies and banks that are interested in allowing clients to trade Bitcoin and Ethereum on licensed exchanges, the newspaper reported. Just last month, the Securities and Futures Commission of Hong Kong (SFC)proposedthat the city “allow all types of investors, including retail investors, to access trading services provided by licensed VA [virtual asset] trading platform operators.” Mainland China’s government cracked down on crypto back in 2021, when it banned Bitcoin mining. Hui said in his speech that Web3—the next evolution of the Internet, built on blockchains—has the “potential to enable more decentralized, efficient and inclusive platforms” that benefit users and creators. “It will also create new opportunities for innovation, entrepreneurship and social impact,” he added.... - Reddit Posts (Sample): [['u/WWYOG', 'Best intro for orange pilling', 880, '2023-05-18 00:24', 'https://www.reddit.com/r/Bitcoin/comments/13kg6dq/best_intro_for_orange_pilling/', "That's Bitcoin 🧡", 'https://i.imgur.com/hwUnHmf.jpg', '13kg6dq', [['u/Previous_Ostrich8877', 34, '2023-05-18 02:09', 'https://www.reddit.com/r/Bitcoin/comments/13kg6dq/best_intro_for_orange_pilling/jkkkih1/', 'This is well said', '13kg6dq'], ['u/beaker38', 11, '2023-05-18 02:26', 'https://www.reddit.com/r/Bitcoin/comments/13kg6dq/best_intro_for_orange_pilling/jkkmt1o/', 'CBDC puppets got this covered', '13kg6dq'], ['u/WWYOG', 10, '2023-05-18 02:55', 'https://www.reddit.com/r/Bitcoin/comments/13kg6dq/best_intro_for_orange_pilling/jkkqosv/', "I appreciate your comment and urge you to study deflationary money. Jeff Booth's The Price of Tomorrow is a great place to start. To summarize in my own words and in my own opinion, mortgages are not a thing when the money is not broken. (Mortgages became commonplace in the early 70s after and because our money was taken off the gold standard.) Imagine a world where banks do not make loans for houses because the money is sound and maintains/appreciates in value. Housing prices will fall to their utility value. Nixon/Kissinger/Central banking distorted our view of money and how it should work. Get off zero if you haven't. Our kids depend on it.\n\nEdited for punctuation", '13kg6dq'], ['u/madbirdribdam', 10, '2023-05-18 03:14', 'https://www.reddit.com/r/Bitcoin/comments/13kg6dq/best_intro_for_orange_pilling/jkktcng/', 'Few months ago:\n\n“Feds are selling the confiscated bitcoin, that’s why it’s dropped”', '13kg6dq'], ['u/Hank___Scorpio', 14, '2023-05-18 03:25', 'https://www.reddit.com/r/Bitcoin/comments/13kg6dq/best_intro_for_orange_pilling/jkkutng/', "But I don't understand or have any value set that appreciates anything beyond convenience!!", '13kg6dq'], ['u/Dr-Lavish', 10, '2023-05-18 03:51', 'https://www.reddit.com/r/Bitcoin/comments/13kg6dq/best_intro_for_orange_pilling/jkkyagu/', "A new type of Govt will evolve over time. They have multiple what if scenarios. It scares the hell out of them. Which it should. The human race will ultimately do away with Govt bodies. They won't be needed.", '13kg6dq'], ['u/BitcoinFan7', 10, '2023-05-18 03:51', 'https://www.reddit.com/r/Bitcoin/comments/13kg6dq/best_intro_for_orange_pilling/jkkydjh/', 'Btc-e was an exchange not a cold wallet. No open source cold wallet has been hacked to my knowledge.', '13kg6dq'], ['u/benso87', 15, '2023-05-18 04:13', 'https://www.reddit.com/r/Bitcoin/comments/13kg6dq/best_intro_for_orange_pilling/jkl1a83/', 'What does thermodynamics have to do with this?', '13kg6dq'], ['u/WWYOG', 10, '2023-05-18 05:08', 'https://www.reddit.com/r/Bitcoin/comments/13kg6dq/best_intro_for_orange_pilling/jkl8j9w/', "Yes. That's coercion.", '13kg6dq'], ['u/bowdo', 10, '2023-05-18 11:56', 'https://www.reddit.com/r/Bitcoin/comments/13kg6dq/best_intro_for_orange_pilling/jkm5z9r/', "What's that? I can't hear you over the sound of my big hammer turning toes in to hamburger mince.", '13kg6dq']]], ['u/Walla_Walla_26', 'Tether is buying more Bitcoin to hold on their balance sheet. Isn’t that what Do Kwon did as a backstop for Terra USD?', 13, '2023-05-18 01:27', 'https://www.reddit.com/r/CryptoCurrency/comments/13khrjy/tether_is_buying_more_bitcoin_to_hold_on_their/', 'It seems like history is kind of repeating itself. The circumstances are different, but Tether is going to use 15% of their profits to buy Bitcoin to hold for an undetermined amount of time. This is after the purchase they have already made. Saw this news today on the Wall Street journal. \n\n\nTerra USD, Do Kwon did the same thing to have another potential backstop for his algorithmic stablecoin. \n\nTether refuses to allow an audit and they are backed one to one with short term treasuries, etc. They are also buying before the bull run and IMO are getting a good deal on their Bitcoin purchase. \n\nMy question is why do they feel that they should have Bitcoin in their reserves? Are they trying to be more like Microstrategy? It just seems weird to me that they would buy Bitcoin. I understand they are using profits, but why? Is it just to boost their profits?\n\nedit* I appreciate the lively discussion. Let’s hope Tether is with us well into the future and we get clarity on reserves from all stablecoin issuers', 'https://www.reddit.com/r/CryptoCurrency/comments/13khrjy/tether_is_buying_more_bitcoin_to_hold_on_their/', '13khrjy', [['u/pbjclimbing', 10, '2023-05-18 01:32', 'https://www.reddit.com/r/CryptoCurrency/comments/13khrjy/tether_is_buying_more_bitcoin_to_hold_on_their/jkkfqdg/', 'Tether is using the profits from the interest they get from holding most of their reserves in bonds to buy Bitcoin. \n\nThis is different than using Bitcoin to backstop a stablecoin that is algorithmic and not 1:1 backed.', '13khrjy'], ['u/Maxx3141', 82, '2023-05-18 01:38', 'https://www.reddit.com/r/CryptoCurrency/comments/13khrjy/tether_is_buying_more_bitcoin_to_hold_on_their/jkkggb3/', "They are buying them from their profits - they can use their profits to buy whatever they like, even if it's Campbell's Tomato Soup.", '13khrjy'], ['u/mesutdmn', 13, '2023-05-18 01:40', 'https://www.reddit.com/r/CryptoCurrency/comments/13khrjy/tether_is_buying_more_bitcoin_to_hold_on_their/jkkgpgc/', 'And BTC is a nice way to double profits in the long term, but bullish on Tomato soups right now 🤣', '13khrjy']]], ['u/loupiote2', 'Successful recovery of 70 ETH (EIP2333) in validator on the beacon chain (seed lost)', 34, '2023-05-18 03:12', 'https://www.reddit.com/r/ledgerwallet/comments/13kk6iz/successful_recovery_of_70_eth_eip2333_in/', 'TL;DR - Don\'t lose your recovery seed!\n\nA client came to us for help trying to recover access to 64 ETH staked on the beacon chain on their ETH validators, plus rewards, so about 70 ETH total. The validators seed was lost.\n\nSee their posts on the ethstaker forum: [https://www.reddit.com/r/ethstaker/comments/13bq8fh/lost\\_seed\\_possible\\_to\\_recover\\_with\\_ledger\\_nano/](https://www.reddit.com/r/ethstaker/comments/13bq8fh/lost_seed_possible_to_recover_with_ledger_nano/) and [https://www.reddit.com/r/ethstaker/comments/13kl5nv/update\\_lost\\_seed\\_possible\\_to\\_recover\\_with\\_ledger/](https://www.reddit.com/r/ethstaker/comments/13kl5nv/update_lost_seed_possible_to_recover_with_ledger/)\n\nNormally when you lose the validator seed, you lose all hope of withdrawing the funds. But the client was lucky that they had initialized thers validators and their ledger Nano S with the same seed phrase.\n\nThe issue was that the very tech-savvy client unfortunately lost their seed phrase due to unforeseen circumstances. So the only remaining copy of their validators seed was in their Nano S, and of course there is absolutely no way to extract the seed from the ledger.\n\nSpecial private keys and signatures are needed for withdrawing ETH from validators, based on EIP2333 and using different cryptographic formulas, not those used for "normal" ETH transactions.\n\nNot only is there currently no ledger app (yet) capable of generating those EIP2333 signatures with ledger devices, but also the Nano S does not even have enough RAM to generate those signatures. Normally, validators can generate those signatures, based on their seed phrase.\n\nSo the idea (suggested by Ledger Team) was to generate the EIP2333 private keys on the Nano S using the derivation paths used by the validators, extract them and use them with off-line tools to generate the needed signatures to rescue the ETH from the validators.\n\nIn order to do that, a custom recovery ledger app had to be developed and installed (i.e. side-loaded) on the client\'s ledger. We hoped that the firmware on their ledger (2.0.0) already had support for the new cryptographic functions (i.e. BLS12-381 elliptic curve) needed to generate those keys, since updating the ledger firmware is very risky if you don\'t have the seed (if the ledger resets, everything is lost!).\n\nWe developed the custom recovery app using the ledger development tools on a Debian 11 Linux system running in virtualbox on a Windows 11 host.\n\nWe first tested the custom recovery app after side-loading it on a test Nano S+, but the firmware on our S+ did not support some of the functions we needed, so we decided to test using a Nano S (firmware 2.1.0), and everything was working as expected. We were able to generate the EIP2333 private keys. It takes about 16 sec for the Nano S to generate each key. The derivation process is very CPU intensive for the BLS12-381 elliptic curve, and the CPU in the Nano S is quite slow.\n\nWe validated the EIP2333 keys generated by our ledger app on our test device by comparing them to those generated with the Ian Coleman EIP2333 tool, and at first it looked like the keys didn\'t match. We found out that it was due to a bug in Ian Coleman EIP2333 tool (adding a new-line after the last mnemonic word breaks the bip39 seed!!). So finally we could confirm that the keys were correctly generated by our app. Our client also confirmed that the keys generated by the Ian Coleman EIP2333 tool match those generated by other EIP2333 tools.\n\nWe then sent the virtualbox image to our client, and they were able to run it out-of-the box in virtualbox on their Windows 11 system. The next step was to check that the custom recovery app was able to generate to right keys on another test Nano S, this time with firmware 2.0.0 (the exact same firmware version as the precious ledger Nano S containing the validators seed), as this would tell us if a (potentially risky) firmware update on the precious ledger would be needed on not.\n\nThe recovery app was side-loaded on the client test Nano S, and it was able to generate correct EIP2333 keys.\n\nThe next step was to run the app on the precious Nano S that contained the validator seed.\n\nWe got a bit worried when the side-loading proce... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['MicroStrategy co-founder and Executive Chairman Michael Saylor said the company isn’t just aware of Ordinals, it’s interested in how the protocol that’s set Bitcoin’s community abuzz could lead to software innovation.\nIn an interview at Bitcoin 2023 in Miami, Saylor exclusively toldDecryptthat the software firm is looking atOrdinalsand assessing its potential in terms of application development.\nOften used to create NFT-like assets on top of Bitcoin, Ordinalslaunched in January, and the protocol—while not embraced entirely by the Bitcoin community—has created a new wave of experimentation with crypto’s oldest coin.\nWhile Bitcoin Fees Soar to Two-Year Highs, El Salvador Pays the Price\nOne recent innovation in the space leveraging Ordinals is an experimental framework for building tokens on top of Bitcoin. It waspioneeredby the pseudonymous on-chain data enthusiast Domo in early March. And since then, thousands of other so-called BRC-20 tokens have been created.\nAll those transactions have been partly—or entirely, depending on who you ask—responsible for elevated transaction fees on Bitcoin. That’s been aboon for Bitcoin miners, who collecttransaction feesfor their role in securing the network. But lots of members of the community have complained that high fees make it harder forregular peopleto use BTC as the peer-to-peer electronic cash system thatSatoshi Nakamoto, the pseudonymous creator of Bitcoin, intended it to be.\nThe discussion surrounding Ordinals is important, Saylor said, because “Bitcoin miners have to be successful over the long term.” He added that the development of applications building on Bitcoin’s functionality could also bolster the coin’s overall adoption, among individuals, firms, and governments.\nSaylor didn’t specifically say what use cases MicroStrategy could be looking into that tap Ordinals, but he noted the ability to commit data to Bitcoin’s blockchain that isn’t solely related to transactions has many potential applications.\n“The whole idea of burning a piece of data on the blockchain opens the door to the possibility that I might burn a digital signature, or I might burn a registration, or I might burn a hash of a document,” Saylor said.\nMichael Saylor: Bitcoin Ordinals Are a ‘Catalyst’ for Adoption\nTouching on corporate security, Saylor mentioned DocuSign, which lets businesses and individuals send and sign agreements securely using the firm’s electronic signature product. But that makes mega corporations reliant on a proprietary database, Saylor noted.\n“Right now, enterprises have weak security compared to Bitcoin,” Saylor said, adding that innovations using the world\'s largest cryptocurrency could possibly “introduce a new level of security” available to firms “that doesn\'t exist right now.”\nSaylor’s comments come just a week after he described Ordinals as a “catalyst” for Bitcoin adoption on thePBD Podcast. Still, he acknowledges that Ordinals have been used for plenty of silly reasons.\n"The general consensus is criticize stuff that we think is silly, but don\'t censor it," he said on Thursday in Miami.\nSaylor didn\'t want to predict "which protocol will win,” but he said altering Bitcoin so that it censors certain uses would be wrong. It was a nod to the effort by a group of core Bitcoin developers, including Luke Dashjr, totreat Ordinals as "spam"and filter them out of transactions.\n“If somebody wants to change the protocol, in order to censor someone else from using Bitcoin, I don\'t think that\'s consistent with the values of the community,” Saylor said. “I do believe in rules without rulers.”', 'MicroStrategy co-founder and Executive Chairman Michael Saylor said the company isn’t just aware of Ordinals, it’s interested in how the protocol that’s set Bitcoin’s community abuzz could lead to software innovation.\nIn an interview at Bitcoin 2023 in Miami, Saylor exclusively toldDecryptthat the software firm is looking atOrdinalsand assessing its potential in terms of application development.\nOften used to create NFT-like assets on top of Bitcoin, Ordinalslaunched in January, and the protocol—while not embraced entirely by the Bitcoin community—has created a new wave of experimentation with crypto’s oldest coin.\nWhile Bitcoin Fees Soar to Two-Year Highs, El Salvador Pays the Price\nOne recent innovation in the space leveraging Ordinals is an experimental framework for building tokens on top of Bitcoin. It waspioneeredby the pseudonymous on-chain data enthusiast Domo in early March. And since then, thousands of other so-called BRC-20 tokens have been created.\nAll those transactions have been partly—or entirely, depending on who you ask—responsible for elevated transaction fees on Bitcoin. That’s been aboon for Bitcoin miners, who collecttransaction feesfor their role in securing the network. But lots of members of the community have complained that high fees make it harder forregular peopleto use BTC as the peer-to-peer electronic cash system thatSatoshi Nakamoto, the pseudonymous creator of Bitcoin, intended it to be.\nThe discussion surrounding Ordinals is important, Saylor said, because “Bitcoin miners have to be successful over the long term.” He added that the development of applications building on Bitcoin’s functionality could also bolster the coin’s overall adoption, among individuals, firms, and governments.\nSaylor didn’t specifically say what use cases MicroStrategy could be looking into that tap Ordinals, but he noted the ability to commit data to Bitcoin’s blockchain that isn’t solely related to transactions has many potential applications.\n“The whole idea of burning a piece of data on the blockchain opens the door to the possibility that I might burn a digital signature, or I might burn a registration, or I might burn a hash of a document,” Saylor said.\nMichael Saylor: Bitcoin Ordinals Are a ‘Catalyst’ for Adoption\nTouching on corporate security, Saylor mentioned DocuSign, which lets businesses and individuals send and sign agreements securely using the firm’s electronic signature product. But that makes mega corporations reliant on a proprietary database, Saylor noted.\n“Right now, enterprises have weak security compared to Bitcoin,” Saylor said, adding that innovations using the world\'s largest cryptocurrency could possibly “introduce a new level of security” available to firms “that doesn\'t exist right now.”\nSaylor’s comments come just a week after he described Ordinals as a “catalyst” for Bitcoin adoption on thePBD Podcast. Still, he acknowledges that Ordinals have been used for plenty of silly reasons.\n"The general consensus is criticize stuff that we think is silly, but don\'t censor it," he said on Thursday in Miami.\nSaylor didn\'t want to predict "which protocol will win,” but he said altering Bitcoin so that it censors certain uses would be wrong. It was a nod to the effort by a group of core Bitcoin developers, including Luke Dashjr, totreat Ordinals as "spam"and filter them out of transactions.\n“If somebody wants to change the protocol, in order to censor someone else from using Bitcoin, I don\'t think that\'s consistent with the values of the community,” Saylor said. “I do believe in rules without rulers.”', 'MicroStrategy co-founder and Executive Chairman Michael Saylor said the company isn’t just aware of Ordinals, it’s interested in how the protocol that’s set Bitcoin’s community abuzz could lead to software innovation. In an interview at Bitcoin 2023 in Miami, Saylor exclusively told Decrypt that the software firm is looking at Ordinals and assessing its potential in terms of application development. Often used to create NFT-like assets on top of Bitcoin, Ordinals launched in January , and the protocol—while not embraced entirely by the Bitcoin community—has created a new wave of experimentation with crypto’s oldest coin. While Bitcoin Fees Soar to Two-Year Highs, El Salvador Pays the Price One recent innovation in the space leveraging Ordinals is an experimental framework for building tokens on top of Bitcoin. It was pioneered by the pseudonymous on-chain data enthusiast Domo in early March. And since then, thousands of other so-called BRC-20 tokens have been created. All those transactions have been partly—or entirely, depending on who you ask—responsible for elevated transaction fees on Bitcoin. That’s been a boon for Bitcoin miners , who collect transaction fees for their role in securing the network. But lots of members of the community have complained that high fees make it harder for regular people to use BTC as the peer-to-peer electronic cash system that Satoshi Nakamoto , the pseudonymous creator of Bitcoin, intended it to be. The discussion surrounding Ordinals is important, Saylor said, because “Bitcoin miners have to be successful over the long term.” He added that the development of applications building on Bitcoin’s functionality could also bolster the coin’s overall adoption, among individuals, firms, and governments. Saylor didn’t specifically say what use cases MicroStrategy could be looking into that tap Ordinals, but he noted the ability to commit data to Bitcoin’s blockchain that isn’t solely related to transactions has many potential applications. Story continues “The whole idea of burning a piece of data on the blockchain opens the door to the possibility that I might burn a digital signature, or I might burn a registration, or I might burn a hash of a document,” Saylor said. Michael Saylor: Bitcoin Ordinals Are a ‘Catalyst’ for Adoption Touching on corporate security, Saylor mentioned DocuSign, which lets businesses and individuals send and sign agreements securely using the firm’s electronic signature product. But that makes mega corporations reliant on a proprietary database, Saylor noted. “Right now, enterprises have weak security compared to Bitcoin,” Saylor said, adding that innovations using the world\'s largest cryptocurrency could possibly “introduce a new level of security” available 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: 2023-05-19 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $521,756,520,469 - Hash Rate: 369469365.7613961 - Transaction Count: 515474.0 - Unique Addresses: 664491.0 Social & AI Sentiment: - Fear & Greed Index: 0.48 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The lending arm of crypto institutional brokerage Genesis and its associated debtors petitioned the court for a mediator on Monday, complicating abankruptcy casethat seemed to be well on its way to resolution two months earlier. More from Fortune:5 side hustles where you may earn over $20,000 per year—all while working from homeLooking to make extra cash? This CD has a 5.15% APY right nowBuying a house? Here's how much to saveThis is how much money you need to earn annually to comfortably buy a $600,000 home In the motion, lawyers for Genesis said that a mediator was needed to resolve “one of the most important issues in these Chapter 11 proceedings: the amount, form, timing, and other terms and conditions of DCG’s contribution to the Debtors’ reorganization plan.” Genesis reportedly owes its main creditors approximately $2.4 billion, according toa report from CoinDesk, out of the approximately $3.4 billion in liabilities the company cited in its bankruptcy filing. In February, Genesis’s main creditors and parent company, Digital Currency Group, which is run by crypto billionaire Barry Silbert, agreed toan initial restructuring plan. “More than two months after all parties agreed to a comprehensive settlement that was submitted by Genesis Capital to the Bankruptcy Court, a group of Genesis Capital’s creditors have reneged and raised all-new demands,” DCG said in a statement Tuesday morning. Genesis’s committee for unsecured creditors—the legal entity that represents hundreds of thousands who had funds stored on the lending arm for Genesis—did not immediately respond to a request for comment when contacted byFortune. As a slew of crypto companies declared bankruptcy over the past year, most infamouslythe exchange FTX, Genesis suddenly found itself in deep water. It laid off 30% of its staff, and its lending unit, Genesis Global Capital,suspended customer withdrawalsin November. This brought it into direct conflict with Gemini, a crypto exchange run by Cameron and Tyler Winklevoss, who are most famous for their role in the founding ofFacebook. Genesis and Gemini had previously partnered on a yield-bearing product, Gemini Earn. Customers using the product had funds stored in Genesis, which they suddenly couldn’t withdraw. In January, the lending arm of Genesis filed for bankruptcy, and Gemini became one of its main creditors. One month later, the bankruptcy case seemed to be on its way to being resolved, as main creditors for the lending arm agreed to sell off the bankrupt entities of Genesis, specifically its lending arm and crypto-trading business. The deal also included winding down the Genesis loan book as well as refinancing a $100 million loan in Bitcoin and a $500 million loan in cash that DCG borrowed from the struggling crypto brokerage. A spokesperson for Gemini did not immediately respond to a request for comment. This story was originally featured onFortune.com More from Fortune:5 side hustles where you may earn over $20,000 per year—all while working from homeLooking to make extra cash? This CD has a 5.15% APY right nowBuying a house? Here's how much to saveThis is how much money you need to earn annually to comfortably buy a $600,000 home... - 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: ['May 19—A 76-year-old Oxford woman was scammed out of $30,000 last week by individuals claiming to be Microsoft customer service and an agent of the "Federal Government Fraud Department."\nAccording to an Oxford Police report, the woman was lured into the scheme when her laptop acted abnormally — frozen, screen flashing and making a loud noise. At the bottom of the screen was what appeared to be a Microsoft logo and a phone number attached to it. The woman told police she called the number and reached a man who claimed he could help her repair her computer.\nA short time later, she said she was contacted by another man claiming to be from the non-existent Federal Government Fraud Department. He told the woman that her bank account had two fraudulent deposits of $15,000 and $23,000, which he advised needed to be taken to the nearest Bitcoin Depot ATM, a machine that takes cash deposits and purchases the popular cryptocurrency Bitcoin before transferring it, untraceably, to an anonymous "digital wallet."\nThe woman withdrew $15,000 from her bank and deposited it at the Bitcoin Depot ATM at the Circle K at 11 N. College Ave. in Oxford.\nThe fake agent called her again the next day, advising her to take $23,000 out of her account this time and deposit it into the Bitcoin Depot ATM for safekeeping. The woman\'s unspecified bank only allowed her to withdraw another $15,000. The woman told police that she felt uncomfortable with making the ATM deposit, so she took it to her home. But, as time wore on, she decided to make the deposit again.\nIn total, the woman deposited $30,000 into the Bitcoin Depot ATM after being advised under false pretenses. She\'s working with her bank to see what options are available to her.\nThe Journal-News spoke with a customer service representative at Bitcoin Depot who said there\'s no way to trace where the purchased Bitcoin went. Though the representative had no knowledge of this exact case, she said the only action the company can take in cases of fraud is to deactivate the victim\'s account and flag the digital wallet of the recipient to make sure no more Bitcoin can be transferred to that wallet. They can, however, return the ATM fee to the victim.\nBitcoin Depot has more than 7,000 ATMs across the country, including 11 in Butler County. The customer service representative said fraud occurs daily.', 'May 19—A 76-year-old Oxford woman was scammed out of $30,000 last week by individuals claiming to be Microsoft customer service and an agent of the "Federal Government Fraud Department."\nAccording to an Oxford Police report, the woman was lured into the scheme when her laptop acted abnormally — frozen, screen flashing and making a loud noise. At the bottom of the screen was what appeared to be a Microsoft logo and a phone number attached to it. The woman told police she called the number and reached a man who claimed he could help her repair her computer.\nA short time later, she said she was contacted by another man claiming to be from the non-existent Federal Government Fraud Department. He told the woman that her bank account had two fraudulent deposits of $15,000 and $23,000, which he advised needed to be taken to the nearest Bitcoin Depot ATM, a machine that takes cash deposits and purchases the popular cryptocurrency Bitcoin before transferring it, untraceably, to an anonymous "digital wallet."\nThe woman withdrew $15,000 from her bank and deposited it at the Bitcoin Depot ATM at the Circle K at 11 N. College Ave. in Oxford.\nThe fake agent called her again the next day, advising her to take $23,000 out of her account this time and deposit it into the Bitcoin Depot ATM for safekeeping. The woman\'s unspecified bank only allowed her to withdraw another $15,000. The woman told police that she felt uncomfortable with making the ATM deposit, so she took it to her home. But, as time wore on, she decided to make the deposit again.\nIn total, the woman deposited $30,000 into the Bitcoin Depot ATM after being advised under false pretenses. She\'s working with her bank to see what options are available to her.\nThe Journal-News spoke with a customer service representative at Bitcoin Depot who said there\'s no way to trace where the purchased Bitcoin went. Though the representative had no knowledge of this exact case, she said the only action the company can take in cases of fraud is to deactivate the victim\'s account and flag the digital wallet of the recipient to make sure no more Bitcoin can be transferred to that wallet. They can, however, return the ATM fee to the victim.\nBitcoin Depot has more than 7,000 ATMs across the country, including 11 in Butler County. The customer service representative said fraud occurs daily.', 'Timothy A. Clary/Getty Images US stocks fell Friday after talks in Washington over raising the debt ceiling were paused. "We\'ve got to get movement by the White House and we don\'t have any movement yet," House Speaker Kevin McCarthy said. Stocks earlier this week hit a nine-month high on hopes a debt-limit deal was in reach soon. US stocks finished in the red Friday after negotiations in Washington over raising the US debt ceiling hit an impasse, flaring up worries the US may default on its debt for the first time ever. Republican House Speaker Kevin McCarthy said talks with the Biden administration had reached a standstill. "We\'ve got to get movement by the White House and we don\'t have any movement yet," McCarthy said at the Capitol, according to the Associated Press . "So, yeah, we\'ve got to pause." Stocks swung lower as investors previously expected negotiators to reach an agreement soon to increase the $31 trillion debt limit before a June 1 deadline. But the major indexes were still able to log weekly gains after the S&P 500 and the Nasdaq Composite earlier notched nine-month highs. Here\'s where US indexes stood at the 4:00 p.m. closing bell on Friday: S&P 500 : 4,191.98, down 0.14% Dow Jones Industrial Average : 33,426.63, down 0.33% (109.28 points) Nasdaq Composite : 12,657.90, down 0.24% Treasury Secretary Janet Yellen has warned the country could run out of cash to pay bills by early June. Jason Mountford, market trend analyst at Q.ai, told Insider in a note this week he doesn\'t foresee the US defaulting on its debt. Such an unprecedented event would "cause chaos on the markets," he said. Stocks "would sell off dramatically, and it wouldn\'t be beyond the realms of possibility to see the biggest one-day fall in history," he said. Meanwhile, "yields would skyrocket, as US debt would all of a sudden be perceived as much higher risk than it is currently." Elsewhere Friday, Federal Reserve Chair Jerome Powell said with credit conditions tightening, the central bank\'s policy rate "may not need to rise as much as it would have otherwise to achieve our goals." Story continues The prevailing Wall Street view is that the Fed will pause its rate-tightening efforts and cut rates at least twice during the second half of 2023, Sam Stovall, chief investment strategist at CFRA Research, told Insider. "However, as a result of still-sticky inflation, concern that the Fed is not quite done has been growing, as well as the possibility that the Fed won\'t start an easing cycle before 2024." Stovall said he sees the Fed taking its time in starting new rate reductions. Here\'s what else is happening today: Bank of America warned on mega-cap tech stocks, saying a "big asset bubble" in growth shares is building. The S&P 500 will crash 30% by December as spending slumps and banking problems mount, said markets guru Larry McDonald. WeWork short-sellers took in $440 million in profit as shares plunged 96% over the past year. "Rich Dad Poor Dad" author Robert Kiyosaki said investors should buy bitcoin and gold as the economy heads toward a crash landing. In commodities, bonds, and crypto: West Texas Intermediate crude fell 0.2% to trade at $71.68 per barrel. Brent crude, the international benchmark, lost 0.5% to $74.31. Gold picked up 0.9% to $1,977.50 per ounce. The 10-year Treasury yield rose 5 basis points to 3.70%. Bitcoin rose 0.4% to $28,846.40. Read the original article on Business Insider', '• US stocks fell Friday after talks in Washington over raising the debt ceiling were paused.\n• "We\'ve got to get movement by the White House and we don\'t have any movement yet," House Speaker Kevin McCarthy said.\n• Stocks earlier this week hit a nine-month high on hopes a debt-limit deal was in reach soon.\nUS stocks finished in the red Friday after negotiations in Washington over raising the US debt ceiling hit an impasse, flaring up worries the US may default on its debt for the first time ever.\nRepublican House Speaker Kevin McCarthy said talks with the Biden administration had reached a standstill.\n"We\'ve got to get movement by the White House and we don\'t have any movement yet," McCarthy said at the Capitol,according to the Associated Press. "So, yeah, we\'ve got to pause."\nStocks swung lower as investors previously expected negotiators to reach an agreement soon to increase the $31 trillion debt limit before a June 1 deadline. But the major indexes were still able to log weekly gains after the S&P 500 and the Nasdaq Composite earlier notched nine-month highs.\nHere\'s where US indexes stood at the 4:00 p.m. closing bell on Friday:\n• S&P 500:4,191.98, down 0.14%\n• Dow Jones Industrial Average:33,426.63, down 0.33% (109.28 points)\n• Nasdaq Composite:12,657.90, down 0.24%\nTreasury Secretary Janet Yellen has warned the country could run out of cash to pay bills by early June.\nJason Mountford, market trend analyst at Q.ai, told Insider in a note this week he doesn\'t foresee the US defaulting on its debt. Such an unprecedented event would "cause chaos on the markets," he said.\nStocks "would sell off dramatically, and it wouldn\'t be beyond the realms of possibility to see the biggest one-day fall in history," he said. Meanwhile, "yields would skyrocket, as US 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: 2023-05-20 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $524,218,792,969 - Hash Rate: 322669912.76495266 - Transaction Count: 423736.0 - Unique Addresses: 559902.0 Social & AI Sentiment: - Fear & Greed Index: 0.48 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin and Ether prices fell on Friday morning in Asia. After a bullish run, Litecoin joined most other top 10 non-stablecoin cryptocurrencies in recording losses. XRP was the sole winner. It recorded gains following the launch of its new central bank digital currency (CBDC) platform by its issuer Ripple. U.S. equity futures moved higher after a strong rally in regular trading Thursday. Positive earnings reports, debt ceiling talks both played a role. See related article: Is Tether unmoored or just dandy? XRP makes standout gain Bitcoin fell 1.97% to US$26,852.75 in the 24 hours to 7:45 a.m. Friday in Hong Kong, down 0.67% over the last seven days according to CoinMarketCap data. The dip back below the $27,000 threshold indicated a return to a bearish trend following gains Thursday. That trend should be short lived, however, said financial analyst Tone Vays during an interview. I do believe that we have bottomed. We are now in a halving cycle which tends to have Bitcoin go up with less than one year to the halving event. Halving refers to a pre-programmed reduction of the rate at which new tokens are created, which reduces supply and can drive prices higher. We have had an extended bear market and its just time for Bitcoin to rise again, Vays added. Like Bitcoin, Ether fell 0.92% to US$1,804.6. However, it posted gains of 0.29% for the week. XRP was the sole gainer among the top 10 non-stablecoin cryptocurrencies. It gained 2.68% to US$0.4607 while adding 9.13% in the last seven days. Those gains followed an announcement Thursday by Ripple Labs. The payment protocol and exchange network said it is launching a platform for a CBDC as part of Hong Kongs inaugural e-HKD (electronic Hong Kong dollar) pilot program. The Ripple platform will offer a frictionless end-to-end solution for central banks, governments, and financial institutions to issue their own central bank digital currency, according to a company press release . Story continues Ripple will partner with Taiwan-based Fubon Bank on the project. The announcement followed further Ripple-related news earlier this week. On Wednesday, a U.S. federal judge denied a motion filed by the Securities and Exchange Commission (SEC) to prevent public access to the so-called Hinman document. These internal documents relate to former SEC director William Hinmans comments that Bitcoin and Ether are not financial securities. The decision is considered a win for Ripple Labs in its ongoing legal dispute with the SEC. The regulator accuses them of providing unregistered securities. Elsewhere, most other top 10 non-stablecoin cryptocurrencies traded lower. Solana led the losers. It fell 3.4% to US$20.36, but was up 0.37% over the past seven days. Litecoin lost ground after a bullish week. It was down 3.37% to US$90.77. The Bitcoin-like cryptocurrency had seen a surge in recent interest. This was mainly due to congestion and higher transaction fees on the Bitcoin network associated with the current popularity of ordinals. The Litecoin network has also now seen its own surge in ordinal inscriptions. On the recent popularity of ordinals on the Bitcoin network in particular, Vays identified a solution to the operational issues it raises. The Bitcoin main chain was not really designed for this kind of purpose, he said. Yes, the Bitcoin blockchain can be used for these kinds of projects. I just wish they were done on the Liquid sidechain. The layer 2 solution Liquid offers ways to incorporate ordinals and other initiatives on the Bitcoin blockchain without raising transactions fees, he added. The total crypto market capitalization fell 1.44% in the past 24 hours to US$1.12 trillion. Total trading volume lost 6.46% to US$32.07 billion. Space Pepe NFTs soar 28270% The indexes are proxy measures of the performance of the global NFT market. They are managed by CryptoSlam , a sister company of Forkast.News under the Forkast.Labs umbrella. In the non-fungible token market, the Forkast 500 NFT index rose 0.1% to 3,387.40 points in the 24 hours to 9:30 a.m. in Hong Kong. It was up 0.1% over the last seven days. Daily NFT sales on Ethereum, the leading blockchain for NFTs, fell 17.31% to US$14.4 million. Sales on the Bitcoin blockchain also lost 11.45% according to CryptoSlam! data to US$6.9 million. Space Pepes, a Bitcoin NFT collection based on the Pepe the Frog meme, skyrocketed 28270% to US$7.3 million in the last 24 hours leading up to 11:30 a.m. in Hong Kong. The collection topped Cryptoslams NFT collection ranking by sales volume. Uncategorized Ordinals Cryptoslams category of Bitcoin Ordinals that are not part of one established collection rose 140.12% to US$1.9 million over the past 24 hours. The Mythos blockchain-based DMarket NFT collection ranked second. DMarket consists of online gaming NFTs traded on the game-item marketplace of the same name. It was acquired by blockchain game maker Mythical Games in January this year. In individual NFT sales, Bored Ape Yacht Clubs #5042 registered the highest price. It sold for US$172,135. U.S. equities rally; hawkish noises from the Fed Federal Reserve Chairman Jerome Powell \| Image: Getty Images U.S. stock futures traded higher as of 10:45 a.m. in Hong Kong, adding momentum to Thursdays rally. The Dow Jones Industrial Average futures edged up 0.074%, while the S&P 500 futures gained 0.17%. The Nasdaq Composite futures added 0.28% after it gained 1.51% during market trading on Thursday. The three Wall Street stock indexes rose after U.S. House of Representatives Speaker Kevin McCarthy said a bill to raise the countrys debt ceiling could be put to a vote next week. The comments followed positive talks with U.S. President Joe Biden, easing investor concerns that the U.S. could default on its debt. That scenario, which would have major repercussions for U.S. and global markets, can be avoided if the White House and congress can agree to raise the debt ceiling. Biden and McCarthy have been actively discussing a solution to the ongoing standoff throughout this week.Biden too has expressed optimism that an agreement can be reached. Democratic negotiators informed the president Friday that they are making steady progress on debt ceiling talks ahead of his attendance in Japan for the weekends Group of Seven summit. Treasury Secretary Janet Yellen warned earlier this month that the U.S. will start to fail to make its debt payments as early as June 1. Yellen called for fast action on raising the debt ceiling, as she said a debt default would devastate jobs and businesses in the country. On the relationship between the crisis and crypto markets, Clara Medalie, Head of Research at crypto market data provider Kaiko, told Forkast via email that there was so far little sign of any impact based on recent price movements.This is in large part because the event hasnt yet played out and there remains hope that a deal will be reached before June 1, she added. Elsewhere, U.S. investors saw positive Q1 earnings results from major U.S. companies. Walmart, the worlds largest company by revenue, reported 7.6% total revenue growth for the quarter. We had a strong quarter. Comp sales were strong globally with eCommerce up 26%. We leveraged expenses, expanded operating margin, and grew profit ahead of sales, said Walmart President Doug McMillion in the companys earnings report . California-based tech manufacturer Nvidia stocks jumped nearly 5% on Thursday after the company announced that it partnered with another California-based cloud software company ServiceNow to build AI for enterprises. On interest rates, Federal Reserve Chair Jerome Powell is due to speak publicly on Friday. He is expected to signpost the central banks latest policy views on inflation and rates. Other members of the Fed made hawkish comments Thursday. Fed governor Philip Jefferson said the U.S. should wait to assess the full effect of higher interest rates on inflation so far before deciding to rule out further hikes. Dallas Fed President Lorie Logan also said that it is not yet time to pause interest rate hikes. U.S. interest rates are now between 5% and 5.25%, the highest since 2006. The Fed meets again on June 14 to decide if another rate hike is necessary. Inflation was at 4.9% in April, lower than expected but still ahead of the Feds 2% target. The CME FedWatch Tool predicts a 66.7% chance the Fed will leave rates unchanged in June, down from 76.2% a day prior. It predicts a 33.3% chance for another 25 basis-point rate increase.... - Reddit Posts (Sample): [['u/Halo22B', 'Ledger thought of you the day', 76, '2023-05-20 01:30', 'https://www.reddit.com/r/Bitcoin/comments/13mbe8f/ledger_thought_of_you_the_day/', 'More people are going to lose their BTC switching to some poorly understood "safer" methodology than would ever get "rugged by Ledger Recover"', 'https://www.reddit.com/r/Bitcoin/comments/13mbe8f/ledger_thought_of_you_the_day/', '13mbe8f', [['u/AdministrativeRow904', 11, '2023-05-20 01:46', 'https://www.reddit.com/r/Bitcoin/comments/13mbe8f/ledger_thought_of_you_the_day/jku9vni/', 'I concur.', '13mbe8f'], ['u/hahahahaaaahaha', 29, '2023-05-20 02:13', 'https://www.reddit.com/r/Bitcoin/comments/13mbe8f/ledger_thought_of_you_the_day/jkudbyo/', 'I agree. Risk management is something we all have to consider and the Ledger risk is still low. If I had millions dollars of BTC, would I be concerned? Sure. Most people will be fine.', '13mbe8f'], ['u/oGceaseless', 14, '2023-05-20 03:20', 'https://www.reddit.com/r/Bitcoin/comments/13mbe8f/ledger_thought_of_you_the_day/jkulppl/', "Extract it through their software or by physical means only?\n\nIf the software can do it. Then I'm definitely going to be moving my coins... probably not tomorrow, sure I'll have a hangover, but this weekend for sure. Thank you for the response and summing it up so concisely!", '13mbe8f'], ['u/WorldlyTransition476', 11, '2023-05-20 03:54', 'https://www.reddit.com/r/Bitcoin/comments/13mbe8f/ledger_thought_of_you_the_day/jkupwog/', 'Don’t listen to all the crazies online just keep your ledger the same as it was before.', '13mbe8f']]], ['u/elrobsterlobster', 'How does timing work with “___ train is now arriving? And why is the timing off even on CBTC lines?', 32, '2023-05-20 01:31', 'https://www.reddit.com/r/nycrail/comments/13mbf8v/how_does_timing_work_with_train_is_now_arriving/', 'The announcements for 7 trains at Queensboro Plaza and L trains at Union Square seem to have bad/inconsistent timing. Sometimes they’ll announce that the train is arriving when it’s already closing its doors and sometimes it’s 2 minutes early. How is the timing of these announcements controlled and why isn’t it automated to be consistent on CBTC lines?', 'https://www.reddit.com/r/nycrail/comments/13mbf8v/how_does_timing_work_with_train_is_now_arriving/', '13mbf8v', [['u/Sn584', 15, '2023-05-20 05:35', 'https://www.reddit.com/r/nycrail/comments/13mbf8v/how_does_timing_work_with_train_is_now_arriving/jkv24hf/', 'It has no fucking clue. Which is why punchboxes still exist', '13mbf8v'], ['u/SamTheGeek', 11, '2023-05-20 14:13', 'https://www.reddit.com/r/nycrail/comments/13mbf8v/how_does_timing_work_with_train_is_now_arriving/jkw7pi8/', 'The 7 and L are both full CBTC', '13mbf8v'], ['u/SamTheGeek', 16, '2023-05-20 14:16', 'https://www.reddit.com/r/nycrail/comments/13mbf8v/how_does_timing_work_with_train_is_now_arriving/jkw7yyu/', 'Train timing still depends on the two different countdown systems installed last decade. \n\nA division uses an interface with the old signaling system and assumptions about how fast trains will travel based on speed limits in place. This means it’s guessing which blocks are occupied — and that means it also doesn’t take into account time differences as a result of CBTC. \n\nB division uses Bluetooth beacons that tell the system when the train is in each station. It makes announcements based on average travel times between stations based on recent data. If I had to guess, the L is currently working with bad average data because of all the construction over the past few weeks/months at 6th avenue.', '13mbf8v']]], ['u/thatprickagain', 'Everyone’s posting their reviews, I’m shit faced, here’s mine:', 45, '2023-05-20 01:40', 'https://www.reddit.com/r/DMB/comments/13mbmlj/everyones_posting_their_reviews_im_shit_faced/', 'For context, i’m studying music and had 6 performance exams today; I play in a band I’d like to think are very influenced by the band.\n\n I was seriously looking forward to listening and I’ve now done it in full 7 times. And gotten drunk cause i’m finished for 3 months babbbyyyy.\n\nWalk around the moon: it’s a bop and a banger. The studio touches of reverse tape echo after the first chorus are really lovely and the band sound like they’re having fun. 8/10\n\nMadman’s eyes: I’ve listened to this loads because it was the first single and it’s a whopper. Awesome instrumentation, band again sound like they’re having a great time with it. String section is lush and beautiful. 10/10\n\nLooking for a vein: they really had this good a track and let a drum machine even try to compete with Carter. I get that Dave has 300 million dollars to his name, but this feels very lazy. 2/10\n\nThe Ocean and The Butterfly: the chord progression instantly puts me in 60’s do-wop territory; the acoustic line and hot rod/brush drumming throws me back to the first time I hear pay for what you get. I feel like it had more potential, and live performances tell me I’m right. Sometimes what we get is what we get. 7/10\n\nIt Could Happen: this is a lovely song. Not just a lovely Dave song but a lovely song. It really is a very classic sounding pop song with some really cool synth lines from Buddy, and the strings are still lovely. Personally, I like more of Dave’s avant garde stuff and I think that definitely happens more when he writes with the band rather than had them accompany him. Gonna give it a 6/10 but I am being harsh here for sure.\n\nSomething To Tell: look, it’s a Dave solo song, no doubt, and the band could’ve made this a beautiful track, but compare it to any ‘man and guitar’ song (see:Vincent black lightning by Richard Thompson) and it doesn’t hold and a candle to any of his earlier work, let alone the best in his field. 3/10\n\nAfter Everything: Dave gets the classic rock bug and the band are absolutely fucking loving it. The way Carter had the beat slightly drag over Stefan’s walking line, and Dave sounds like he’s absolutely into it. Sure, the lyrics are nonsense, but so’s all of rock music if you look too close. 8/10\n\nAll you wanted: all I wanted was for Dave to shed his Americana routing of predictable melodies and chord progressions, but here we are. The horns are fabulous but they’re holding back for sure. Rashawn does a great job making a fairly standard song stand out, but it’s just not enough. 3/10\n\nThe Only Thing: this song. This fucking song makes me see a future for the band. They’re all flying high, tightly grooving and Buddy’s addition gets to shine with what I can only describe as a genesis level keyboard odyssey, with Tim surfing the waves all the way home. No songwriting notes, it doesn’t need any. Dave’s voice is just another instrument and it is beautiful. 9/10\n\nBreak Free: there’s nothing worse than having a song hang around so long that your audience have written it for you. Personally I dig it. If this had appeared on busted stuff I would have been like WHAT. But it would have worked. The track might’ve saved Stand Up. Gonna give it a 7/10. Come at me.\n\nMonsters: Again, I may have listened too much before the album, but I found it a great comfort with all the exam stress and studying the last couple weeks. It’s not an amazing track, and it needs more band. But a lovely song. 7/10\n\nSinging From The Windows: again, Dave ends the album with a whimper instead of a scream or an explosion. This track really could’ve felt earned if there was more of a band presence on this album but there just isn’t enough to justify it’s existence. That aside, it’s a lovely melody and Dave really is singing from his heart here, might get downvoted but it deserves a 5/10.\n\nAll in all, look, it’s no worse than stand up, it’s probably on a par with Come Tomorrow, and it’s nowhere near big whiskey. I want that energy and band communal energy from BTCS, Crash and I think they really recaptured that on big whiskey. But if I was 56 and worth a quarter billion, i know I wouldn’t give a fuck. Better to just enjoy the highs and ignore the lows. Treat DMB like life.\n\nPeace out, and happy listening xoxo', 'https://www.reddit.com/r/DMB/comments/13mbmlj/everyones_posting_their_reviews_im_shit_faced/', '13mbmlj', [['u/Animalpoop', 11, '2023-05-20 03:23', 'https://www.reddit.com/r/DMB/comments/13mbmlj/everyones_posting_their_reviews_im_shit_faced/jkum4qv/', "Thank you for the review. For me the album works as a whole, and I think it's easily their best since at least Big Whiskey. \n \nIt's different and very representative of where the band is now, and it has some of Dave's best lyrics in years as well. \n \nNot understanding the hate for this album. Not to say you are hating on it. Just seen it a lot the last few days, and to me the album is wonderful. \n \n(Also I love Looking for a Vein).", '13mbmlj']]], ['u/GBIZZZ', 'HPOS10I Ticker $bitcoin - Has Some Serious Legs', 64, '2023-05-20 03:54', 'https://www.reddit.com/r/CryptoMoonShots/comments/13mend0/hpos10i_ticker_bitcoin_has_some_serious_legs/', "I've never come across such a dedicated team of meme makers, developers, or anything of the like the same as HarryPotterObamaSonic10Inu. Originally it was launched on BSC with a 10% tax, last week the devs relaunched on Ethereum. $bitcoin on Ethereum had a better ring to it anyways. With a solid history in the meme-sphere as well as fresh ones being baked every day I've truly never laughed as hard as this with any project. \nThere's thousands of memecoin variants that have spurred out of the pepe run, but every one nearly turned out to be a p+d or scam entirely trying to capitalize on it's success. This one is different, original and has built quite a lore building for itself already. From the ticker $bitcoin being shadow banned (old twitter rules) to the official acct being unsearchable it's been an uphill battle for this project but it's been grinding it's way onto the Dextools charts as well as Twitter every single day this week. Each day it's growing organically, no bots, completely influen... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 will examine the 12 Trusted Bitcoin investment sites. If you want to skip the detailed analysis, visit5 Trusted Bitcoin investment sites.\nIn today's technologically advanced world, people have come beyond physical assets and currencies in dealing with transactions. That's where cryptocurrency comes in, giving users a convenient way to buy and sell products and services through e-money. However, it's important to be vigilant and conduct due diligence before selecting a cryptocurrency investment platform or site in terms of its reputation, authenticity, current status, and credibility. This article will give useful insight to Bitcoin investors about 12 Trusted Bitcoin investment sites.\nCryptocurrencies remained popular in 2021, especially Bitcoin (BTC). Goldman Sachs started dealing with transactions in cryptocurrencies. In April 2021, Coinbase Global Inc. (NASDAQ:COIN) was among the first crypto exchange platform to go public at a valuation of approx.$100 billion. Alphabet Inc. (NASDAQ:GOOG) shook hands with Coinbase in October 2022 to create feasibility for its cloud computing clients to deal transactions in e-money. Moreover, Microsoft Corporation (NASDAQ:MSFT) also began accepting BTC as payments from users since 2014.\nThe most well-known cryptocurrency, Bitcoin, had a successful year, according to CNBC. Since 2021, the worth of the e-currency has risen by about 70%, driving the total market worth of crypto above$2 trillion. However, 2022 happened to be unfavorable for most cryptocurrency holders. Throughout 2022, Bitcoin lost65% of its market share. A series of bad events, comprising the collapse of FTX (one of the biggest cryptocurrency exchanges), the crash of Terra Luna, and the predicted unfavorable macroeconomic situations, took crypto devotees by surprise.\nWhen the Federal Reserve began to boost interest rates to combat excessive inflation, the price of cryptocurrencies fell much like almost everything else in the financial sector. That surprised many of Bitcoin's most ardent supporters, many of whom thought the digital money would act like gold does: as a hedge against inflation. In contrast to their predictions, the price of Bitcoin was dropping at the time of rapid inflation.\nThe main cause of the crypto market's slump was the failure of FTX. In addition to causing a significant market sell-off, FTX's bankruptcy and dispute with Binance have decreased liquidity in the cryptocurrency market. Individual investors, particularly those who purchased digital assets close to the highs, have suffered. However, structural issues in the sector have been highlighted,according to Lee Reiners(an expert in cryptocurrency law and policy):\n“It really exposed a number of crypto firms who were, you know, overextended, had poor risk management, or otherwise were engaging in fraudulent activity.”\nFor the majority of cryptocurrencies, 2023 has begun on a clean and favorable note. Some investors have turned to Bitcoin and other popular cryptocurrencies for safety as inflation has slowed down, the recession is becoming more imminent, and the U.S. financial crisis is still raging.\nAccording to Analytics Insight, some market analysts believe Bitcoin will reach a price of$100,000 by the end of 2023. Others claim that Bitcoin won't rise over $70,000.\nBitcoin traded in a constrained price range from $26,000 to $28,600 from halfway through March to mid-April. On April 10, Bitcoin saw a breakout to the upside, reachinga high of $31,005on the back of favorable inflation statistics that suggested the Fed may decide to hold off on interest rate rises in favor of rate cuts sooner than previously anticipated. Bitcoin has increased by80% this yearcompared to last. Although Bitcoin is still approximately 50% below its all-time high, which was over $69,000 in November 2021, the path to recovery is still lengthy.\nThe fact that Bitcoin will experience a halving event in 2024 is another factor supporting analysts' positive outlook on the cryptocurrency. Every four years, there is a Bitcoin halving event in which the currency's miner payouts are cut in half. Given that halving serves to reduce supply, this occurrence is widely seen as being favorable for Bitcoin's price. In the past, halving has been viewed as a highly positive indicator for boosting Bitcoin's price.\nFor our list of 12 Trusted Bitcoin investment sites, the main factor on which we based our list is the 'score’ from 0.0 to 10.0 extracted fromCoinmarketcapas of the writing of this article. The score reflects average liquidity and investors' confidence, among other factors, on the crypto exchange platforms. We have also mentioned the platforms' trading volume (keeping in mind that trading volume fluctuates at any given time).\nSo, without further delay, let's head toward 12 Trusted Bitcoin investment sites.\nScore: 6.5\nTrading Volume: $298,644,218\nHuobi is one of the most trusted platforms for bitcoin trade, but the platform alos has its own coin. The native cryptocurrency of Huobi Global exchange is called Huobi Token (HT). Huobi users received Huobi Token in 2018 as part of a unique giveaway program that gave tokens out for free to platform users.\nScore: 6.6\nTrading Volume: $8,048,955\nAlthough Gemini supports fewer cryptocurrencies (including BTC), it places a strong emphasis on the security and compliance of the funds that its consumers invest with it. Despite having fewer assets, this platform is still a great choice for both new and seasoned traders due to its strong security emphasis and selection of tools and products.\nGemini has become thefirst SOC 2-certified cryptocurrency exchangein the market, demonstrating its dedication to security. The SOC 2 evaluation gauges a company's or product's levels of compliance and safety and is conducted by outside auditors.\nScore: 6.6\nTrading Volume: $322,173,059\nAn investor can trade BTC on Gate.io for a maximum trading cost of 0.2%. Customers can decrease this charge in a number of ways, including by using the utility token of Gate.io. While not the cheapest on the market, this cost is also not the most expensive either.\nScore: 6.6\nTrading Volume: $573,256,808\nLBank offers a web-based trading platform that is unique in many ways. The site also includes a number of sophisticated tools and features, including the technical analysis indicatorsRSI, KDJ, MACD, and CCI. The exchange platform also includes a volume window below the order windows and a market depth window below the chart. All of the attributes are displayed in an intuitive way.\nScore: 7.0\nTrading Volume: $28,683,171\nBitfinex, which was established in 2012, has comparatively cheap trading costs, with the majority of trade deals costing just 0.20% or less. Their trading interface is easy to use, and seasoned traders will value the capabilities and possibilities it provides. To test one’s approach before investing real capital, an individual may start with a free paper trading account that provides them access to the Bitfinex platform and handles their money with convenience (this is akin to a stock market game).\nScore: 7.0\nTrading Volume: $217,986,015\nInvestors on Bybit can leverage their funds 100 times for Bitcoin and 50 times for other currencies. Additionally, users can also avail the option of purchasing temporary loss insurance. Both the site and the mobile app have attractive features for its loyal investors. Bybit provides traders with the Market Maker Incentive Program, which gives a maker fee reimbursement ofup to 0.015%.\nScore: 7.1\nTrading Volume: $32,635,496\nDue to the presence of a small selection of currencies, Bitstamp is perhaps better suited for freshies\xa0and casual traders. Bitstamp Tradeview, Bitstamp.net,\xa0and Bitstamp Mobile are the three platforms that traders may utilize to trade. On all platforms, trading fees are the same. For users with less than $10,000 in trading activity over the last 30 days, the maximum trading cost on Bitstamp is merely0.50%. Investors who trade larger sums each month would see a significant reduction in fees, which is on par with, or cheaper than what other well-known crypto exchanges charge.\nClick to continue reading and see5 Trusted Bitcoin Investment Sites.\nSuggested Articles:\n• 10 Best Bitcoin Stocks to Invest in\n• 15 Biggest Bitcoin Mining Companies in the World\n• 15 Countries Where Bitcoin is Legal or Illegal\nDisclosure: None.12 Trusted Bitcoin Investment Sitesis originally published on Insider Monkey.", "In this article, we will examine the 12 Trusted Bitcoin investment sites. If you want to skip the detailed analysis, visit5 Trusted Bitcoin investment sites.\nIn today's technologically advanced world, people have come beyond physical assets and currencies in dealing with transactions. That's where cryptocurrency comes in, giving users a convenient way to buy and sell products and services through e-money. However, it's important to be vigilant and conduct due diligence before selecting a cryptocurrency investment platform or site in terms of its reputation, authenticity, current status, and credibility. This article will give useful insight to Bitcoin investors about 12 Trusted Bitcoin investment sites.\nCryptocurrencies remained popular in 2021, especially Bitcoin (BTC). Goldman Sachs started dealing with transactions in cryptocurrencies. In April 2021, Coinbase Global Inc. (NASDAQ:COIN) was among the first crypto exchange platform to go public at a valuation of approx.$100 billion. Alphabet Inc. (NASDAQ:GOOG) shook hands with Coinbase in October 2022 to create feasibility for its cloud computing clients to deal transactions in e-money. Moreover, Microsoft Corporation (NASDAQ:MSFT) also began accepting BTC as payments from users since 2014.\nThe most well-known cryptocurrency, Bitcoin, had a successful year, according to CNBC. Since 2021, the worth of the e-currency has risen by about 70%, driving the total market worth of crypto above$2 trillion. Howev Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-21 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $522,146,415,131 - Hash Rate: 371932494.8664721 - Transaction Count: 486625.0 - Unique Addresses: 542208.0 Social & AI Sentiment: - Fear & Greed Index: 0.52 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: By Tom Wilson and Vidya Ranganathan (Reuters) -Digital stablecoin tether is winning the race for the title of the crypto world's "least risky" asset. As a regional U.S. banking crisis widens and a regulatory crackdown on crypto firms deepens, investments within the cryptosphere are moving into tokens and coins perceived as relatively safe. Tether is already the top performer among stablecoins -- digital tokens pegged to some fiat asset like the dollar -- and has seen its market value soar since March. Its value is anchored by a 1-to-1 peg against a cache of dollars and a supply cap at around 85 billion tokens. Demand for the coin has been so strong that its peg has held above 1 since mid-April, hitting 1.002 last week. "The banking crisis is fuelling 'hyper-bitcoinisation' - the inevitable endgame that the dollar will be worthless," said Anders Kvamme Jensen, Oslo-based founder of the AKJ global brokerage and digital asset specialist. That has spurred a flight to top cryptocurrencies such as bitcoin and ether, Jensen said. Pegged stablecoins such as tether, meanwhile, are seen more as a store of value and as a tool to facilitate transfers between cryptocurrencies and also serve as collateral for derivative trades. Conor Ryder, research analyst at digital assets data provider Kaiko, says tether's premium reflects emerging trust in both the peg and in its perceived safety from the U.S. Securities and Exchange Commission (SEC). Tether is owned by iFinex Inc, a company registered in British Virgin Islands which also owns the Bitfinex cryptocurrency exchange. Tether's main rival USDC, managed by Boston-based Circle, has been hurt by the revelation of its exposure to collapsed Silicon Valley Bank and the SEC's scrutiny of fintech and crypto firms. Another major stablecoin, BUSD, or the Binance USD token, has seen a decline since its developers said they would cease issuing new tokens after U.S. regulators labelled the asset an unregistered security. Story continues The DAI token has been bogged down because of its unusual peg to reserves that include other stablecoins and crypto currencies. "Tether is seen as less U.S.-oriented, meaning lower regulatory risk. Buying tether and bitcoin is really a vote against the U.S. system," says Jensen. On CoinMarketCap's database of 23,891 tokens, tether has risen to number 3 with a market cap of $82 bln and a share of 6.83%. NO NEWS IS GOOD NEWS To be sure, tether has long been dogged by doubts about its peg being backed by dollar reserves. All stablecoins were hurt last year during a series of events such as the collapse of crypto hedge fund Three Arrows Capital, which followed the de-pegging of Terra USD and the failure of crypto exchange FTX. "The interesting paradox here is that tether has become the industry's most trusted stablecoin," says Ryder. "Tether's safe haven status differs from bitcoin in that it is providing a safe peg to $1, one of the only stablecoins in the space that can make that claim at the minute. Bitcoin on the other hand is seen as a safe haven from monetary debasement as a form of money that is 'outside' the banking system." Bitcoin too has rallied some 73% this year, after hitting resistance around $31,000 last month. (Editing by Sam Holmes)... - Reddit Posts (Sample): [['u/rumi1000', 'First time visitor', 32, '2023-05-21 00:12', 'https://www.reddit.com/r/btc/comments/13nar9f/first_time_visitor/', "Hello,\n\nI got into bitcoin after the fork in 2017 and have never paid much attention to bitcoin cash except thinking its a scam, its centralized, etc..\n\nNow that I'm more interested in Monero and no longer a maxi I though I'd take a look here as well with an open mind.\n\nWhere should I start?", 'https://www.reddit.com/r/btc/comments/13nar9f/first_time_visitor/', '13nar9f', [['u/knowbodynows', 20, '2023-05-21 00:20', 'https://www.reddit.com/r/btc/comments/13nar9f/first_time_visitor/jkyhpzq/', 'This may be too elementary for you, but it is a place to start.\nhttps://whybitcoincash.com/\n\nYou will find that you can ask anything here, but the more specific your question the more satisfyingly detailed will be the answer that returns.', '13nar9f'], ['u/rumi1000', 10, '2023-05-21 00:32', 'https://www.reddit.com/r/btc/comments/13nar9f/first_time_visitor/jkyj5c1/', "I run Bitcoin and Monero nodes and I am already convinced of the need of uncensorable and untraceable digital cash / gold. \n\nMy question is why Bitcoin Cash is better as digital cash than monero and why is it better than Bitcoin as 'digital gold'\n\nAlso, what is the blockchain size, how fast does it grow per year, how many nodes are there, can you run a node behind Tor?", '13nar9f'], ['u/LordIgorBogdanoff', 17, '2023-05-21 01:36', 'https://www.reddit.com/r/btc/comments/13nar9f/first_time_visitor/jkyr2u8/', "'Digital Gold' is a nonsense narrative. It's just propped up by Tether, and they're even softly admitting it now. Beyond scarcity Bitcoin and Gold have little in common.\n\nAs cash, the conversation is more nuanced. Bitcoin Cash has privacy through CashFusion, but it's inferior to Monero iirc.\n\nOn the other hand, it is superior to Monero in terms of scalability (and BTC as well, by a vast margin) with lower fees and faster transaction times\n\nTLDR\nPrivacy: Monero > BCH > BTC\n\nScalability: BCH > Monero > BTC", '13nar9f'], ['u/LordIgorBogdanoff', 13, '2023-05-21 01:41', 'https://www.reddit.com/r/btc/comments/13nar9f/first_time_visitor/jkyrrnv/', 'I should also note, putting on my tinfoil hat, BCH is the most shorted coin alongside Monero, and exchanges have run out of both.\n\nTPTB do not like either coin.', '13nar9f'], ['u/Shibinator', 13, '2023-05-21 05:28', 'https://www.reddit.com/r/btc/comments/13nar9f/first_time_visitor/jkziz84/', "Welcome!\n\nhttps://bitcoincashpodcast.com/start\n\nhttps://bitcoincashpodcast.com/faqs\n\nI'm sure a lot of this will make sense if you have an open mind.", '13nar9f'], ['u/Shibinator', 20, '2023-05-21 05:30', 'https://www.reddit.com/r/btc/comments/13nar9f/first_time_visitor/jkzj3si/', "> My question is why Bitcoin Cash is better as digital cash than monero\n\nhttps://bitcoincashpodcast.com/faqs/Cryptocurrency/what-about-monero-xmr\n\n> and why is it better than Bitcoin as 'digital gold'\n\nhttps://bitcoincashpodcast.com/faqs/BCH/why-bitcoin-cash\n\nhttps://bitcoincashpodcast.com/faqs/BCH-vs-BTC/whats-wrong-with-bitcoin-btc\n\n> what is the blockchain size, \n\nCurrently 188 GB.\n\n> how fast does it grow per year, \n\nNot that fast, BCH traffic is relatively low at the moment, about 100kb / block average. Hopefully we can greatly increase that though as the community gains momentum. So far slower than BTC at the moment.\n\n> how many nodes are there, \n\nAround 750-1000 usually, depends who you ask though.\n\nhttps://blockchair.com/bitcoin-cash\n\n> can you run a node behind Tor?\n\nI assume yes, it's the same as any other crypto.", '13nar9f']]], ['u/surfer167', 'How to buy XRP?', 21, '2023-05-21 02:29', 'https://www.reddit.com/r/XRP/comments/13ndtgk/how_to_buy_xrp/', 'Hey everyone, I’ve been observing from a far on all crypto but I can see the implementation of XRP and global digital payments (CBDC’s) being used in the near future. I want to know how to actually buy into XRP, I have a Coinbase account with some Bitcoin and ETH but obviously it’s not listed on there. Let me know what is the best place to buy XRP. I’m open to any advice and mentorship as well. I want to be able to build generational wealth as the economy shifts and wages against this economical revolution! \nThanks - $', 'https://www.reddit.com/r/XRP/comments/13ndtgk/how_to_buy_xrp/', '13ndtgk', [['u/AnonAzy2', 18, '2023-05-21 02:32', 'https://www.reddit.com/r/XRP/comments/13ndtgk/how_to_buy_xrp/jkyxsoq/', 'KuCoin this has been ask 1billions time search the forum next time my friend good luck', '13ndtgk'], ['u/MAH654', 21, '2023-05-21 02:34', 'https://www.reddit.com/r/XRP/comments/13ndtgk/how_to_buy_xrp/jkyy1k2/', 'I bought mine on Uphold. That is or at least was, the only place you could buy it if you were US based. I know people were getting ripped off on Lobstr. There are sites that try to catch people with fake ones or closely sounding wording to fool newbies. I’d just stick to uphold. I have had no issues.', '13ndtgk'], ['u/surfer167', 12, '2023-05-21 03:01', 'https://www.reddit.com/r/XRP/comments/13ndtgk/how_to_buy_xrp/jkz1bwa/', 'Well what can we do about it? Might as well make a pretty penny or am I wrong? Wouldn’t that be the smart investment', '13ndtgk'], ['u/Ant_Swagna', 11, '2023-05-21 03:24', 'https://www.reddit.com/r/XRP/comments/13ndtgk/how_to_buy_xrp/jkz4643/', 'Uphold, KuCoin, and MEXC is what I recommend. I use all three personally and actively trade several days a week using KuCoin and MEXC. MEXC is my favorite for using leverage to either short or long digital assets. All three platforms I listed are easy for sending your XRP to your cold storage wallet such as a Trezor or Ledger. Buy it while you can for the cheap. Under $1 is a blessing…. This will hit $100 easily, then eventually $500+. Don’t make the biggest mistake of your financial life and not snag a big bag. Every 10,000 XRP = $1,000,000 when XRP hits $100. So snag at-least 50,000 XRP to solidify your future!', '13ndtgk'], ['u/neily50', 17, '2023-05-21 03:36', 'https://www.reddit.com/r/XRP/comments/13ndtgk/how_to_buy_xrp/jkz5jdh/', 'Your government are corrupt as fuck… leave the 🇺🇸 USA. Thieving scum.', '13ndtgk']]], ['u/Mojo-ManVixen', 'NBA Topshop Retirement Portfolio', 16, '2023-05-21 03:51', 'https://www.reddit.com/r/nbatopshot/comments/13nfkrj/nba_topshop_retirement_portfolio/', 'Which NBA Topshot cards should I invest in to secure a lucrative retirement portfolio? With Bitcoin projected to be over $1M a coin in 10 years, I wonder whether I should just put all my money various crypto or spend all my disposable income on Topshots. Thanks!', 'https://www.reddit.com/r/nbatopshot/comments/13nfkrj/nba_topshop_retirement_portfolio/', '13nfkrj', [['u/mattw08', 13, '2023-05-21 04:04', 'https://www.reddit.com/r/nbatopshot/comments/13nfkrj/nba_topshop_retirement_portfolio/jkz8xuw/', 'Do you want to retire or work forever?', '13nfkrj'], ['u/Full-Description-291', 70, '2023-05-21 04:05', 'https://www.reddit.com/r/nbatopshot/comments/13nfkrj/nba_topshop_retirement_portfolio/jkz90bq/', 'How about you just give me all your money. That way you still lose everything, but at least you help someone else in the process.\n\nWant to save for retirement? Get an IRA, put your money in an index fund, you absolute muppet. Only gamble on speculative investments with speculative money.', '13nfkrj'], ['u/Bboy1830', 26, '2023-05-21 04:05', 'https://www.reddit.com/r/nbatopshot/comments/13nfkrj/nba_topshop_retirement_portfolio/jkz90za/', 'Bruce Brown', '13nfkrj'], ['u/HumanNumberFour', 10, '2023-05-21 14:53', 'https://www.reddit.com/r/nbatopshot/comments/13nfkrj/nba_topshop_retirement_portfolio/jl0u7a5/', 'Lol this has to be a troll post.', '13nfkrj']]], ['u/SoftRelease3955', 'Simple way to explain why bitcoin can’t be hacked.', 16, '2023-05-21 03:54', 'https://www.reddit.com/r/Bitcoin/comments/13nfmko/simple_way_to_explain_why_bitcoin_cant_be_hacked/', 'Was having a fire with my brother in law this evening and was trying to explain the concept of Bitcoin. He kept saying it’s inevitable AI and super computers will be able to disrupt the network or recover your private key. I tried my hardest to give him a explanation but I feel like it was half ass. Would you guys be able to help fabricate a simple explanation you could give a none bitcoiner why this wouldn’t be possible. Thanks', 'https://www.reddit.com/r/Bitcoin/comments/13nfmko/simple_way_to_explain_why_bitcoin_cant_be_hacked/', '13nfmko', [['u/The-Francois8', 10, '2023-05-21 04:06', 'https://www.reddit.com/r/Bitcoin/comments/13nfmko/simple_way_to_explain_why_bitcoin_cant_be_hacked/jkz96jj/', 'Simplest answer is because if it could be done, someone would have already done it.', '13nfmko'], ['u/castorfromtheva', 12, '2023-05-21 04:19', 'https://www.reddit.com/r/Bitcoin/comments/13nfmko/simple_way_to_explain_why_bitcoin_cant_be_hacked/jkzaryn/', 'Don\'t start offering bitcoin as a solution when your audience doesn\'t even get that fiat is a ponzi. Other than that ignorant people don\'t deserve more than a "Have fun staying poor".\n\nExplaining tech would here just be a waste of time for you. His arguments show he believes a lot. And knows a little.', '13nfmko'], ['u/Top-Dragonfruit-8199', 24, '2023-05-21 04:21', 'https://www.reddit.com/r/Bitcoin/comments/13nfmko/simple_way_to_explain_why_bitcoin_cant_be_hacked/jkzayns/', '“Brute force attacks against 256-bit encryption will be infeasible until computers are built from something other than matter and occupy something other than space.”\n\n1) AI and quantum computing be damned, it’s effectively impossible for sha-256 to be cracked\n\n2) if humans think it will be, there’s nothing that says BTC can’t move to 512-bit encryption, and so on', '13nfmko'], ['u/IIIIIIllllllll0', 35, '2023-05-21 05:34', 'https://www.reddit.com/r/Bitcoin/comments/13nfmko/simple_way_to_explain_why_bitcoin_cant_be_hacked/jkzjloj/', 'By the same logic his bank account and stock bro... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 is in consolidation mode before an eventual retest of $30,000, says BitBull Capital. Insights: The crypto industry is spending less than other industries on lobbying. That may need to change. Prices CoinDesk Market Index (CMI) 1,179.39 −18.1 ▼ 1.5% Bitcoin (BTC) $26,593 −517.1 ▼ 1.9% Ethereum (ETH) $1,798 −24.0 ▼ 1.3% S&P 500 daily close 4,191.98 −6.1 ▼ 0.1% Gold $1,981 +2.6 ▲ 0.1% Treasury Yield 10 Years 3.69% ▲ 0.0 BTC/ETH prices per CoinDesk Indices ; gold is COMEX spot price. Prices as of about 4 p.m. ET CoinDesk Market Index (CMI) 1,179.39 −18.1 ▼ 1.5% Bitcoin (BTC) $26,593 −517.1 ▼ 1.9% Ethereum (ETH) $1,798 −24.0 ▼ 1.3% S&P 500 daily close 4,191.98 −6.1 ▼ 0.1% Gold $1,981 +2.6 ▲ 0.1% Treasury Yield 10 Years 3.69% ▲ 0.0 BTC/ETH prices per CoinDesk Indices ; gold is COMEX spot price. Prices as of about 4 p.m. ET Good morning Asia, Bitcoin and ether are continuing their downward drift. Bitcoin is opening the Asia trading week down 1.3% to $26,779, while ether is down 0.8% to $1,806. During the last month, bitcoin has primarily been in consolidation mode. Drifting downward ever so slowly, but still maintaining its value, down just 2% over the last 30 days – a much-needed break for investors from the roller-coaster of last year. “Bitcoin has corrected to levels between $27k and $25k. This is where we’d like to see some consolidation before a retest of $30k in the coming days,” Joe DiPasquale, CEO of BitBull Capital, said to CoinDesk in a note. “While the market may not rally in the near term, the price action is following expectations as we witness consolidation during bearish sentiment.” Meanwhile, Tornado Cash’s TORN token has begun to recover after the protocol’s DAO was the victim of vote fraud over the weekend. This attack – which was not an exploit or hack – involved an attacker putting forward a proposal that looked benign on the surface but allowed the attacker access to all governance votes via some hidden malicious code. Story continues In the aftermath, the protocol’s TORN token dropped 40% to $3.59 from $5.76, but is now recovering and up to $4.66. The Tornado Cash community is proposing solutions to revert the unauthorized code changes and considering creating a new contract with airdropped tokens for existing holders. Asset Ticker Returns DACS Sector Gala GALA −6.0% Entertainment Terra LUNA −4.5% Smart Contract Platform Solana SOL −4.3% Smart Contract Platform Insights The Crypto Industry\'s Lobbying Deficit A recent report from Washington, D.C.-based political watchdog Open Secrets shows that first-quarter federal lobbying has topped $1 billion for the second consecutive year. Some expected industries lead the rankings in lobbying spend: healthcare, finance, real estate and energy. Overall in 2022, industries and activist groups of all shapes and sizes spent $4.1 billion on federal lobbying efforts. As for crypto? Despite increasing regulatory hostility from D.C, crypto’s actual lobbying spend came in at $21.6 million for the year, according to Open Secrets data. Certainly, this is an increase from years prior, but as an industry with a market cap of just over $1 trillion, it wouldn’t even crack the top-20 list for lobbying spend. In comparison, big pharma spent $375.2 million in 2022. The automotive industry spent $82 million, and commercial banks paid $64.6 million to lobbyists that year. The industry\'s political contributions to election campaigns grew tenfold from 2020 to 2022, totaling $2.3 million in the latter, Open Secrets recently reported . Major contributors included Coinbase, which alone spent $3.4 million on lobbying. Open Secrets’ data shows that lobbying by crypto majors is up during the first quarter of the year. Tether has spent $270,000 lobbying in the first quarter of 2023, which doesn’t sound like much, but is a huge jump over its first quarter 2022 spend of $100,000. Tether\'s jump in lobbying spend during the first quarter of the year (OpenSecrets) The Blockchain Association is up as well , to $490,000 spent this quarter compared to $460,000 for the same time last year. Stablecoin issuer Paxos also saw a huge jump , with its lobbying spend rising from $50,000 in Q1 2022 to $80,000 this past quarter. Of course, this is all dwarfed by TradFi lobbying spending. The American Bankers Association spent $2 million during this past quarter , while Citigroup spent $1.4 million. Sadly, successful businesses need to lobby to become more successful. That’s just the nature of modern politics. And it looks like crypto must do more of it. Important events. Bitcoin Pizza Day The Future of U.K. Crypto Regulation 9:15 a.m. HKT/SGT(1:15 a.m. UTC): People\'s Bank of China interest rate decision CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Ripple Exec Discusses CBDC Platform Rollout; Axie Infinity Game Debuts on Apple App Store in Key Markets Ripple is starting a central bank digital currency (CBDC) platform which allows central banks, governments, and financial institutions to issue their own digital currency. Ripple Vice President of Central Bank Engagements and CBDCs James Wallis joined "First Mover" to discuss. Plus, Sky Mavis, which is behind NFT project Axie Infinity, is launching its Axie Infinity: Origins card game on the Apple App Store in key markets where the game is most popular. Sky Mavis co-founder Jeffrey \'Jihoz\' Zirlin shared his insights. Bitwise Asset Management President Teddy Fusaro and Southern Methodist University Dedman School of Law assistant professor Carla Reyes also joined the conversation. Headlines Bitcoin Payments App Strike Expands to More Than 65 Countries From Three: Strike, led by Jack Mallers, currently operates in the U.S. and El Salvador. Now it\'s pushing into new markets in Africa, Latin America, Eastern Europe, Asia and the Caribbean – from Antigua and Barbuda to Vanuatu and Zambia. Sotheby\'s Auctions Part of 3AC\'s Rare NFT Collection, Bringing In $2.4 Million: The highest-priced NFTs from Part 1 of the Grails collection are Fidenza #725 and Autoglyph #187. Demand for Tokenized Treasury Bonds Soars as Crypto Investors Chase TradFi Yield: The combined market capitalization of tokenized money market funds is nearing $500 million as high yields in traditional markets attract crypto capital. U.S. Sanctions Watchdog Alleges Russia-Linked Crypto Wallet Processed $5M: An Irish national helped wealthy Russians evade sanctions and hide money in UAE, OFAC said Friday. Ledger’s Hard Lesson: Being Right Isn\'t Good Enough: Public communication doesn’t work like computer code. The French hardware wallet maker learned that the hard way.', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin is in consolidation mode before an eventual retest of $30,000, says BitBull Capital.\nInsights:The crypto industry is spending less than other industries on lobbying. That may need to change.\nCoinDesk Market Index (CMI)\n1,179.39\n−18.1▼1.5%\nBitcoin (BTC)\n$26,593\n−517.1▼1.9%\nEthereum (ETH)\n$1,798\n−24.0▼1.3%\nS&P 500 daily close\n4,191.98\n−6.1▼0.1%\nGold\n$1,981\n+2.6▲0.1%\nTreasury Yield 10 Years\n3.69%\n▲0.0\nBTC/ETH prices perCoinDesk Indices; gold is COMEX spot price. Prices as of about 4 p.m. ET\n[["1,179.39", "\\u221218.1\\u25bc1.5%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$26,593", "\\u2212517.1\\u25bc1.9%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,798", "\\u221224.0\\u25bc1.3%"], {"CoinDesk Market Index (CMI)": "S&P 500 daily close"}, ["4,191.98", "\\u22126.1\\u25bc0.1%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,981", "+2.6\\u25b20.1%"], {"CoinDesk Market Index (CMI)": "Treasury Yield 10 Years"}, ["3.69%", "\\u25b20.0"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices; gold is COMEX spot price. Prices as of about 4 p.m. ET"}]\nGood morning Asia,\nBitcoin and ether are continuing their downward drift. Bitcoin is opening the Asia trading week down 1.3% to $26,779, while ether is down 0.8% to $1,806.\nDuring the last month, bitcoin has primarily been in consolidation mode. Drifting downward ever so slowly, but still maintaining its value, down just 2% over the last 30 days – a much-needed break for investors from the roller-coaster of last year.\n“Bitcoin has corrected to levels between $27k and $25k. This is where we’d like to see some consolidation before a retest of $30k in the coming days,” Joe DiPasquale, CEO of BitBull Capital, said to CoinDesk in a note. “While the market may not rally in the near term, the price action is following expectations as we witness consolidation during bearish sentiment.”\nMeanwhile, Tornado Cash’s TORN token has begun to recover after the protocol’s DAO was thevictim of vote fraud over the weekend.This attack – which was not an exploit or hack – involved an attacker putting forward a proposal that looked benign on the surface but allowed the attacker access to all governance votes via some hidden malicious code.\nIn the aftermath, the protocol’s TORN token dropped 40% to $3.59 from $5.76, but is now recovering and up to $4.66.\nThe Tornado Cash community is proposing solutions to revert the unauthorized code changes and considering creating a new contract with airdropped tokens for existing holders.\n[{"Asset": "Gala", "Ticker": "GALA", "Returns": "\\u22126.0%", "DACS Sector": "Entertainment"}, {"Asset": "Terra", "Ticker": "LUNA", "Returns": "\\u22124.5%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Solana", "Ticker": "SOL", "Returns": "\\u22124.3%", "DACS Sector": "Smart Contract Platform"}]\nThe Crypto Industry\'s Lobbying Deficit\nA recent reportfrom Washington, D.C.-based political watchdog Open Secrets shows that first-quarter federal lobbying has topped $1 billion for the second consecutive year.\nSome expected industries lead the rankings in lobbying spend: healthcare, finance, real estate and energy.\nOverall in 2022, industries and activist Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-22 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $521,042,894,156 - Hash Rate: 354690591.1309403 - Transaction Count: 499281.0 - Unique Addresses: 604303.0 Social & AI Sentiment: - Fear & Greed Index: 0.49 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin's (BTC) price on Bitfinex's perpetual swap market momentarily topped $56,000 on Tuesday – well above prevailing levels elsewhere and prices on Bitfinex's exchange right before or after – amid a flurry of volume amid an absence of liquidity. Trading volume on Bitfinex's BTC-PERP market spiked to 322 BTC ($9.1 million) between 14:24 and 14:26 UTC, equating to around a quarter of daily volume on the trading pair. Some traders' positions were liquidated amid the flash rally, according to data on Bitfinex's trading platform. The move occurred at the same time as bitcoin surged 2.5% on spot markets elsewhere as investors reacted to the stock prices of two banks, Pacwest (PACW) and Western Alliance (WAL), plunging by more than 30% as concerns about the U.S. banking system resumed. At press time, the BTC-PERP pair has 10% market depth of 110 BTC, meaning that an order to buy 110 BTC would move the price on that specific market by 10% – evidence liquidity remains low on Bitfinex. Paolo Ardoino, Bitfinex's chief technology officer,tweeted: "Low liquidity at that moment in time. But system worked as expected. Matching engine handled all orders correctly." UPDATE (May 2, 2023, 14:40 UTC):Adds a tweet from Bitfinex's CTO.... - Reddit Posts (Sample): [['u/kurobainu', 'FtM, how hard is it to actually do DIY?', 119, '2023-05-22 00:09', 'https://www.reddit.com/r/TransDIY/comments/13o7xgt/ftm_how_hard_is_it_to_actually_do_diy/', "FtM living in Florida, currently working on getting a legit prescription but it's really difficult due to new legislation. If getting HRT legally doesn't work out, I'm curious to know how hard it actually is to obtain T not so legally?\n\n I've had a site recommended to me from another FtM guy that sells vials but they only accept bitcoin payment. I have some bitcoin in a wallet because I got it as a gift but I've never actually used it and I have no idea how. Aside from that, do I need to use a different browser like the kind people use to go on the deep web? Do I need to use a VPN to avoid being tracked? I'm unsure of how heavily monitored this kind of thing is and I don't know what precautions to take. \n\nI've also heard people say to use your legal name on packages in case the post office opens it and sees it's a medication vial. Also, how risky is it if the post office sees a controlled substance being shipped to me? Would they even care? \n\nSorry for the long post I am just very limited on options right now and I'm not very knowlegeable on DIY.", 'https://www.reddit.com/r/TransDIY/comments/13o7xgt/ftm_how_hard_is_it_to_actually_do_diy/', '13o7xgt', [['u/definitelynotreal333', 93, '2023-05-22 01:27', 'https://www.reddit.com/r/TransDIY/comments/13o7xgt/ftm_how_hard_is_it_to_actually_do_diy/jl39m1c/', 'If a controlled substance shipment of T is seized, basically the only people who get in trouble is the distributor, its really unheard of for an individual to be prosecuted.', '13o7xgt'], ['u/ufo9x9', 46, '2023-05-22 01:39', 'https://www.reddit.com/r/TransDIY/comments/13o7xgt/ftm_how_hard_is_it_to_actually_do_diy/jl3b3mu/', "You'll probably be fine. Even if the package is seized, a lot of websites will refund/reship, and any consequences are on their end as a distributor. I had no problem ordering using Bitcoin through Cashapp. Keep all receipts related to the process, though, as sometimes they will ask for the Bitcoin receipt number to confirm payment. I ordered and had mine in about 2 weeks, and I had it shipped to a friend's house using their name. No issues, although if you live in an apartment, you might make sure it has your legal name on the package so it doesn't get sent back (most sites won't reship if this happens). Having T seized is pretty much unheard of, and there's no problem with not using a VPN or anything (although you totally can for peace of mind).", '13o7xgt'], ['u/VoidDemon0226', 24, '2023-05-22 02:04', 'https://www.reddit.com/r/TransDIY/comments/13o7xgt/ftm_how_hard_is_it_to_actually_do_diy/jl3e6xi/', "If you'd like to talk more in depth, I have a Telegram which is a safer method of talking, but as someone who's doing it and has been helping someone in Alabama do it, it's not as difficult as you'd think. It's always good to be weary, but the market for T is overwhelmingly cis men meatheads (and, funnily enough, cops), so it's not really crazy regulated. Doesn't mean you don't gotta be careful of course, just be smart, use bitcoin, and don't fly with them.\n\nUse your legal name or preferred name on the package, not so much for the post office ripping it open, but so the post office is able to get it to you properly.", '13o7xgt'], ['u/VoidDemon0226', 24, '2023-05-22 02:40', 'https://www.reddit.com/r/TransDIY/comments/13o7xgt/ftm_how_hard_is_it_to_actually_do_diy/jl3in8e/', '"Funny enough" was the wording bc cops are POS\'s that are valued above the law, so the same drugs they are paid to enforce the legality of, they are the market for it, similar to fentanyl', '13o7xgt'], ['u/firestorm713', 23, '2023-05-22 12:07', 'https://www.reddit.com/r/TransDIY/comments/13o7xgt/ftm_how_hard_is_it_to_actually_do_diy/jl4zdna/', "This. You have no control over who sends things to your address, so once it gets stopped in customs, that's generally end of the line and they don't investigate further.", '13o7xgt']]], ['u/mbdtf95', 'On this day 13 years ago, a trade was done when forum user paid 10,000 BTC for 2 pizzas. Happy Bitcoin Pizza day.', 486, '2023-05-22 00:33', 'https://www.reddit.com/r/CryptoCurrency/comments/13o8jf8/on_this_day_13_years_ago_a_trade_was_done_when/', "Right now it's May 22nd, at least on my timezone, which means 13 years ago Laszlo Hanyecz, a BTCtalk forum user decided he wanted to trade Bitcoin for some real life good. As pretty much most of you know he made a deal with another user that he would order him 2 pizzas in exchange for 10,000 BTC and the rest is history.\n\n Since then this has become a day called Bitcoin Pizza day celebrated amongst crypto community. By today's Bitcoin prices he paid about 135 million USD for each pizza. So hopefully it was a pretty great pizza for Laszlo that he doesn't regret buying.", 'https://www.reddit.com/r/CryptoCurrency/comments/13o8jf8/on_this_day_13_years_ago_a_trade_was_done_when/', '13o8jf8', [['u/deftaj', 16, '2023-05-22 00:40', 'https://www.reddit.com/r/CryptoCurrency/comments/13o8jf8/on_this_day_13_years_ago_a_trade_was_done_when/jl33am1/', 'Someone set a reminder and flew to Australia so they could be the first person to post this today', '13o8jf8'], ['u/RuneW007', 11, '2023-05-22 00:48', 'https://www.reddit.com/r/CryptoCurrency/comments/13o8jf8/on_this_day_13_years_ago_a_trade_was_done_when/jl34h3x/', 'Let’s all eat pizza tonight in his honor 🍕', '13o8jf8'], ['u/_redboy_', 85, '2023-05-22 00:54', 'https://www.reddit.com/r/CryptoCurrency/comments/13o8jf8/on_this_day_13_years_ago_a_trade_was_done_when/jl359to/', 'Everyone is talking about the person who bought the pizza and gave bitcoins, but I am interested in what the person who sold the pizza for 10,000 bitcoins did with those bitcoins.🤔', '13o8jf8'], ['u/Elie0_0', 44, '2023-05-22 01:02', 'https://www.reddit.com/r/CryptoCurrency/comments/13o8jf8/on_this_day_13_years_ago_a_trade_was_done_when/jl36a0q/', "Probably ended up selling after a 5 or 10x, which would've been great if he had a lot more alongside the 10,000", '13o8jf8'], ['u/_redboy_', 12, '2023-05-22 01:07', 'https://www.reddit.com/r/CryptoCurrency/comments/13o8jf8/on_this_day_13_years_ago_a_trade_was_done_when/jl36wbs/', 'More than excellent', '13o8jf8'], ['u/MaeronTargaryen', 14, '2023-05-22 01:13', 'https://www.reddit.com/r/CryptoCurrency/comments/13o8jf8/on_this_day_13_years_ago_a_trade_was_done_when/jl37sxf/', 'Probably sold after a x2 or x3, or lost the seed phrase', '13o8jf8'], ['u/dark_deadline', 11, '2023-05-22 01:35', 'https://www.reddit.com/r/CryptoCurrency/comments/13o8jf8/on_this_day_13_years_ago_a_trade_was_done_when/jl3anmv/', 'Only if he held onto bitcoin for some years at least.......', '13o8jf8'], ['u/Elie0_0', 11, '2023-05-22 02:59', 'https://www.reddit.com/r/CryptoCurrency/comments/13o8jf8/on_this_day_13_years_ago_a_trade_was_done_when/jl3l1i9/', 'Well, he sold them when they were worth nothing, and actually used Bitcoin as it was supposed to', '13o8jf8']]], ['u/TheNano100', 'It just costs $125 to be part of the 21M club!', 91, '2023-05-22 00:43', 'https://www.reddit.com/r/Hedera/comments/13o8rp7/it_just_costs_125_to_be_part_of_the_21m_club/', 'I remember there was an old post from the BTC community some years ago where people were encouraged to buy a whole bitcoin in order to be part of the 21 Million Club, because of the max supply being 21M.\n\nTherefore, since there will only be 50B HBAR coins, I want to do the same and encourage people to buy at least 2381 HBAR and be part of the 21 Million Club. At the moment of writing this costs a little bit more than $125.\n\nDo not feel small by buying such a little amount, be part of the 21M Club!', 'https://www.reddit.com/r/Hedera/comments/13o8rp7/it_just_costs_125_to_be_part_of_the_21m_club/', '13o8rp7', [['u/cyhiandra', 27, '2023-05-22 00:52', 'https://www.reddit.com/r/Hedera/comments/13o8rp7/it_just_costs_125_to_be_part_of_the_21m_club/jl34xsa/', "I like your thinking. People criticise the 50B HBAR supply, but this puts it into context.\n\nAnother person previously put it this way: only 500,000 people can own 100,000 HBAR (I think my math stacks up....)\n\nAt $0.052 per HBAR, that's only USD $5,200 to be one of the half a million people globally in that rank.\n\nIf you go to a million HBAR, there can only be 50,000 people globally owning that much theoretically, but of course less because of all the other holders above and below. \n\nIt's not much, when you look at it like that.", '13o8rp7'], ['u/The_Acrobatic_potato', 11, '2023-05-22 00:59', 'https://www.reddit.com/r/Hedera/comments/13o8rp7/it_just_costs_125_to_be_part_of_the_21m_club/jl35vfr/', 'I like this math breakdown. Makes me want to get more', '13o8rp7'], ['u/DailyUpsAndDowns', 23, '2023-05-22 01:02', 'https://www.reddit.com/r/Hedera/comments/13o8rp7/it_just_costs_125_to_be_part_of_the_21m_club/jl36cc5/', 'Are we prepared to make a pact? Everyone buy in!', '13o8rp7'], ['u/kazkdp', 24, '2023-05-22 01:06', 'https://www.reddit.com/r/Hedera/comments/13o8rp7/it_just_costs_125_to_be_part_of_the_21m_club/jl36ssu/', "It's strange that I was going to post something similar. \nI noticed that the hedera Twitter account has nearly 300k followers. \n\nRounding up, \n\nThat's means 166k each and the 50B is gone. \n\nPOLLY Twitter had nearly 1 million followers. At those numbers, it's just 50k each. \n\nThe world is rather BIG.....", '13o8rp7'], ['u/Sporesword', 42, '2023-05-22 01:47', 'https://www.reddit.com/r/Hedera/comments/13o8rp7/it_just_costs_125_to_be_part_of_the_21m_club/jl3c5fa/', "I'm still working on getting to 10,000.", '13o8rp7'], ['u/ka0_1337', 19, '2023-05-22 02:01', 'https://www.reddit.com/r/Hedera/comments/13o8rp7/it_just_costs_125_to_be_part_of_the_21m_club/jl3dtyc/', "Well I'm closing in on 200k myself. Not stopping until I have 500k+ maybe ill shoot for 1 mill before 2025", '13o8rp7'], ['u/eliminator-n36', 13, '2... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Good morning. Here’s what’s happening: Prices: Bitcoin at $26.8K maintains its debt-ceiling holding pattern. Insights: Crypto as a hedge? The citizens in two large, emerging countries and other major significant economies seem to be turning to digital assets as their currencies struggle. Prices CoinDesk Market Index (CMI) 1,162 +4.9 ▲ 0.4% Bitcoin (BTC) $26,866 +108.3 ▲ 0.4% Ethereum (ETH) $1,819 +13.9 ▲ 0.8% S&P 500 4,192.63 +0.6 ▲ 0.0% Gold $1,972 −6.7 ▼ 0.3% Nikkei 225 31,086.82 +278.5 ▲ 0.9% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,162 +4.9 ▲ 0.4% Bitcoin (BTC) $26,866 +108.3 ▲ 0.4% Ethereum (ETH) $1,819 +13.9 ▲ 0.8% S&P 500 4,192.63 +0.6 ▲ 0.0% Gold $1,972 −6.7 ▼ 0.3% Nikkei 225 31,086.82 +278.5 ▲ 0.9% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Boring Bitcoin Slumbers Near $27K Bitcoin held comfortably in its most recent range on Monday as investors weighed the latest developments in the U.S. debt ceiling stalemate. The largest cryptocurrency by market capitalization was recently trading at about $26,866, up 0.4%. BTC has hovered between $26,500 and $27,500 for almost two weeks, according to CoinDesk data , amid macroeconomic uncertainties, including concerns that U.S. President Joe Biden and House leadership would be unable to reach an agreement about raising the country’s debt limit. “Crypto traders are not sure how Bitcoin will behave throughout the next several days of debt ceiling negotiations,” Edward Moya, senior market analyst for foreign exchange market maker Oanda, wrote in a note. Moya added: The risk of default is very small but if it were to happen, that could feel like an uppercut to risk appetite, which would send cryptos sharply lower. Bitcoin appears content to trade near the lower boundaries of its recent trading range between $26,500 and $30,000.” Since 1960, the government has increased the debt limit 78 times, but the current, charged political environment has raised anxiety about the willingness of lawmakers to work together. Story continues In a letter to Speaker of the House Kevin McCarthy (R-Calif.), U.S. Treasury Secretary Janet Yellen reiterated a May 15 warning that without an agreement, “the Treasury Department would be unable to satisfy all the government’s obligations by early June, and potentially as early as June 1.” “We have learned from past debt limit impasses that waiting until the last minute to suspend or increase the debt limit can cause serious harm to business and consumer confidence, raise short-term borrowing costs for taxpayers, and negatively impact the credit rating of the United States,” Yellen added. “We have already seen Treasury’s borrowing boats increase substantially for securities maturing in June.” Ether was recently changing hands at about $1,820, up 0.8%. The second largest crypto in market value has been similarly range-bound between $1,750 and $1,850 over the past two weeks. Other major cryptos were largely in the green, albeit paler shades, with TRX and AVAX, the tokens of smart contracts platform Tron and Avalanche, recently up 3.8% and 2.3%, respectively. The CoinDesk Market Index, a measure of crypto markets performance, recently rose 0.4% Among major equity indexes, the tech-focused Nasdaq Composite climbed 0.5% to hit a 2023 high, while the S&P 500, which has a vital technology component, and Dow Jones Industrial Average (DJIA) ticked up 0.2% and 0.4%, respectively. Yields on Treasurys rose, and the price of gold sank slightly to $1,990, well below its near-record high early this month when investors were turning more to safe-haven assets. Meanwhile, in an interview with CoinDesk TV’s “First Mover” program Monday, Ahmed Ismail, CEO of quant-based liquidity aggregator Fluid, said that the retreat of market makers Jane Street and Jump Trading from crypto trading in the U.S. had spooked investors, decreasing an already dwindling supply of market liquidity. “One of the very big problems that crypto suffers with is liquidity being massively fragmented, and events such as this only exacerbate the problem,” Ismail said. “So what we\'re seeing right now is there is not much activity because liquidity is even more fragmented, and markets are very inefficient. As a result, you will see I think we are seeing certain narratives coming back. Ismail noted an increase in call options on crypto exchange Bybit, a signal of unrest about the debt ceiling and other macroeconomic uncertainties. “The narrative of people taking liquidity out because they’re afraid of what’s going to happen and the uncertainty around the debt ceiling, that’s certainly a huge problem in keeping (the) crypto crisis so narrow now.” Biggest Gainers Asset Ticker Returns DACS Sector Shiba Inu SHIB +3.4% Currency Avalanche AVAX +2.7% Smart Contract Platform Polygon MATIC +1.9% Smart Contract Platform Biggest Losers Asset Ticker Returns DACS Sector Loopring LRC −0.5% Smart Contract Platform Terra LUNA −0.5% Smart Contract Platform Solana SOL −0.3% Smart Contract Platform Insights Crypto as Hedge With the U.S. mired in political stasis while other regions build crypto frameworks, it’s worth looking at the evolution of, and outlook for, on-the-ground demand for crypto assets. This is getting more and more relevant as many large countries struggle with skyrocketing inflation, shaky currencies and autocratic control over financial access, and as populations become increasingly crypto-aware and a lack of trust in centralized institutions grows. Last week, the government of Pakistan (the fifth largest country in the world in terms of population, with over 239 million inhabitants) was reported to have said that cryptocurrencies “will never be legalized” in Pakistan, in order to avoid FATF penalties . Noelle Acheson is the former head of research at CoinDesk and Genesis Trading. This article is excerpted from her Crypto Is Macro Now newsletter, which focuses on the overlap between the shifting crypto and macro landscapes. These opinions are hers, and nothing she writes should be taken as investment advice. This may sound on the surface like an overreaction to FATF’s crypto stance – last Thursday, the organization’s president published a letter titled “ An end to the lawless crypto space ” which urges crypto regulation rather than a total ban. Then again, Pakistan has a somewhat tense relationship with the FATF, and just last October was taken off its “grey list” (which labels certain countries as having “deficiencies” in their AML controls, which in turn can lead to limited participation in global finance). It’s also not hard to see the hand of the International Monetary Fund. Pakistan is currently in talks with the organization regarding a bailout package, although negotiations seem stalled and concern about the country’s political and economic issues is starting to affect neighboring nations. The IMF has not been shy about its unease with crypto markets, and a few months ago, reports surfaced that it had applied crypto-suppression conditions to negotiations with Argentina. Read the full story here: Important events. 4:00 p.m. HKT/SGT(8:00 UTC) Hamburg Commercial Bank Composite PMI (May) 4:30 p.m. HKT/SGT(8:30 UTC) United Kingdom S&P Global/CIPS Services PMIU (May) 6:45 p.m. HKT/SGT(22:45 UTC) New Zealand Retail Sales (QoQ/Q1) CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Bitcoin Sees Tightest Price Range in Months; Polygon Co-Founder on Web3 Outlook Glassnode data revealed that bitcoin (BTC) is settling into the tightest price range it has seen in months, despite looming concerns about the stability of U.S. regional banks and the country\'s debt ceiling. FLUID CEO Ahmed Ismail shared his crypto markets analysis. Plus, Polygon co-founder Sandeep Nailwal discussed launching a Web3 fellowship program. And, Litecoin Foundation managing director Alan Austin weighed in on the recent surge in Litecoin activity amid the frenzy surrounding Ordinals. Headlines Tether Trading Volume Falls to Multi-Year Lows, Market Cap Rise Is ‘Questionable,’ Kaiko : Trading with Tether’s USDT stablecoin has fallen to its lowest level in four years, while its market capitalization nears an all-time high of $83 billion. Seeking Grants Deal with Osmosis, Privacy Blockchain Namada Proposes Airdrop : Ahead of its mainnet launch Namada’s builders are trying to ink an array of tech and token partnerships. U.S. Debt Deal Could Weigh On Bitcoin Price, Some Say : The Treasury\'s efforts to build back cash balances after resolution of the debt limit situation might suck out dollar liquidity from system, pushing bitcoin lower. DEX Mangrove Launches on Polygon Testnet, Plans to Go Live on Mainnet in June : Wintermute and Cumberland-backed Mangrove plans a mainnet launch of its programmable order book DEX in early June. Gemini Says Genesis Parent DCG Missed $630 Million Payment : Gemini says it is working with Genesis, DCG, and creditors to provide forbearance to DCG in order to avoid a default.', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin at $26.8K maintains its debt-ceiling holding pattern.\nInsights:Crypto as a hedge? The citizens in two large, emerging countries and other major significant economies seem to be turning to digital assets as their currencies struggle.\nCoinDesk Market Index (CMI)\n1,162\n+4.9▲0.4%\nBitcoin (BTC)\n$26,866\n+108.3▲0.4%\nEthereum (ETH)\n$1,819\n+13.9▲0.8%\nS&P 500\n4,192.63\n+0.6▲0.0%\nGold\n$1,972\n−6.7▼0.3%\nNikkei 225\n31,086.82\n+278.5▲0.9%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,162", "+4.9\\u25b20.4%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$26,866", "+108.3\\u25b20.4%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,819", "+13.9\\u25b20.8%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,192.63", "+0.6\\u25b20.0%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,972", "\\u22126.7\\u25bc0.3% Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-23 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $531,277,283,075 - Hash Rate: 379321882.1817001 - Transaction Count: 519870.0 - Unique Addresses: 636984.0 Social & AI Sentiment: - Fear & Greed Index: 0.50 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Binance, the world's largest crypto exchange,temporarily paused bitcoin (BTC) withdrawalsSunday morning U.S. time as the Bitcoin blockchain became overwhelmed with pending transactions and sky-high fees. The company resumed withdrawals within two hours of its initial Twitter posting about the withdrawals. On-chain data shows that there are nearly 400,000 unconfirmed Bitcoin transactions,which is higherthan anything seen during the bull runs of 2018 and 2021. The average transaction fee has also doubled since March,pushing it to a two-year high.The current transaction fee is just over $8, a309% changefrom a year ago. “This current fee spree is an anomaly,”CoinDesk previously quoted Colin Harper, head of content at Luxor Technologies, a full-stack Bitcoin mining pool. “Biggest difference now between this jump in transaction fees and past ones with inscriptions is that BRC-20 standard is a new way to inscribe. Adoption of this standard is driving fees up.” Bitcoin ordinal inscription tokens,known by its BRC-20 standard designator, currently have amarket cap of $482 millionacross 14,000 tokens. Bitcoin is currently trading at $28,935, down 0.15% in the last 24 hours. UPDATE (May 7, 2023, 19:16 UTC):Adds line about resumption of withdrawals.... - Reddit Posts (Sample): [['u/proph3tsix', 'A lot of people here get downvoted for pointing out that USA Democrats are enemies of Bitcoin, as if Republicans are an equally large threat. Let me make something clear...', 85, '2023-05-23 00:26', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/', 'When a Republican comes out supporting Bitcoin, they\'re always faking or groveling for votes. When a Democrat comes out supporting Bitcoin, they\'re always \'waking up\' or \'coming around\'. Broken clocks may be right twice a day, but if the USA\'s Congress if filled with broken clocks then it certainly seems Republican broken clocks are syncing more often than Democrat broken clocks. Why is that?\n\n* Texas is to Republicans as New York is to Democrats. New York partially banned Bitcoin mining, and [environmental activists in the state are hungry for more](https://www.politico.com/news/2023/01/07/new-york-cryptocurrency-mining-ban-00072564). Texas has loudly invited more. Wyoming, another Republican state, is clamoring to the same.\n* The [energy FUD](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3779720) expressly targets voters who give a damn about environmentalism in the first place. If you\'re outside the USA then you may be forgiven for not knowing, but Republicans are not well known for their environmentalism. To the extent that Republicans do claim to care about the environment, it\'s always [cast as some flavor of fakery](https://www.nytimes.com/2017/06/03/us/politics/republican-leaders-climate-change.html). (Note that particular framing is from NYT - hint hint.) In other words: Energy FUD is almost exclusively pandering to Democrats.\n* It\'s been said numerous times that CBDCs represent the ["final boss" for Bitcoin](https://www.theheldreport.com/p/the-final-boss-bitcoin-vs-central). This does not mean it\'s a mortal threat to Bitcoin, but merely ideologically opposed. Bitcoin is freedom money. CBDC is slave money. Florida is largely Republican and has recently passed [explicitly anti-CBDC legislation](https://blockworks.co/news/florida-approves-cbdc-ban). Minnesota, another Republican state, is [doing the same](https://emmer.house.gov/2023/2/emmer-leads-effort-to-squash-financial-surveillance-state-initiatives). Texas is [considering it](https://www.cruz.senate.gov/newsroom/press-releases/sen-cruz-introduces-legislation-to-prohibit-the-fed-from-establishing-a-central-bank-digital-currency) too. Others will almost certainly follow. Where are the Democratic states doing, or even contemplating this?\n\n[edit] Sorry but saying "They\'re all the same" is just lazy. It\'s a reflex that conveniently allows us to dodge the mental work forced by nuance. For such thinkers, the world will never (ever) have better or worse politicians because it smoothes out all distinctions. It\'s the same oversimplification made by overzealous religious fanatics and political ideaolgues - subconsciously they\'ve made their world model easy to process by refusing to increase its resolution. It\'s not a matter of being caught up in some "two-party brainwashing bullshit" - it\'s about being aware that our potential leaders exist on a spectrum of distinctions. Thomas Jefferson and Stalin cannot possibly be equivalent, so they must exist on a gradient. Choose, goddamnit, and choose wisely!\n\n[2nd edit] Minnesota is not a Republican state, I stand corrected on that point. But its only Republican representative is the one pushing for anti-CBDC legislation.', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/', '13p5jff', [['u/clue5tick', 59, '2023-05-23 00:46', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl7uvsh/', "It's mostly just the Uniparty. Time to defund them all!", '13p5jff'], ['u/Valence101', 22, '2023-05-23 01:22', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl7zpdi/', "I agree, both have spent money we don't have on wars, airdrops to corporations, and purchasing votes.\n\nIt's time to just watch the money become worthless and the psychopathic struggle for the money printer to end.\n\nIt's a broken system. Society made a mistake with fiat money. It's time to move on and live our lives, make things better for the next generation and learn from our mistakes of a stupid childish money tree that profits the king of the hill at the expense of the masses.", '13p5jff'], ['u/Umpire_State_Bldg', 76, '2023-05-23 01:24', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl7zw8v/', "When you finally get over the two-party brainwashing bullshit, you're going to feel so liberated.", '13p5jff'], ['u/joel8x', 17, '2023-05-23 01:36', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl81j65/', 'This sub generally understands that Crypto does not mean Bitcoin. 99.9% of Crypto is scammy because it doesn’t address the fundamental trust issues that Bitcoin solves. When a politician comes out against Crypto scammers, it’s not anti Bitcoin.', '13p5jff'], ['u/SuccessfulPlenty942', 15, '2023-05-23 02:18', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl8739g/', 'Minnesota is not a republican state 🤣', '13p5jff'], ['u/TelMeEverything', 10, '2023-05-23 02:49', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl8b8i7/', 'Minnesota has always been a blue state. Grew up there.', '13p5jff'], ['u/Jaxelino', 21, '2023-05-23 02:56', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl8c5bc/', 'Yeah, I see where OPs coming from, but I\'m downvoting anything that is "republican this, democrats that\'s\'.\n\nIt\'s not like one party is better than the other. \n\nSure, on Bitcoin the stance of the left is often super embarrassing. The republicans are embarrassing on other fronts, like abortions, and ppl like MTG. Munger is a republican as well, he and Buffet really love Bitcoin /s.\n\nHence, after all the lies and grifting and lobbying, you realize that this world has problems in need for solutions, and siding with either party bs ain\'t gonna lead you anywhere.', '13p5jff'], ['u/Umpire_State_Bldg', 18, '2023-05-23 03:05', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl8datu/', 'Yes. Both sides are owned and operated by the same "money printing" criminals.', '13p5jff'], ['u/greinertr', 11, '2023-05-23 03:18', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl8f0q0/', 'Minnesota is a republican state? Interesting they always vote Democrat.', '13p5jff'], ['u/Jaxelino', 10, '2023-05-23 03:18', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl8f26k/', 'I like the terms:\n\n- corporatocracy\n\n\n- banana republic 🍌', '13p5jff'], ['u/HappyGoLacky', 13, '2023-05-23 03:57', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl8ka2x/', 'Again… there is no red, there is no blue. There is government, and there is you.', '13p5jff'], ['u/baconcheeseburgarian', 10, '2023-05-23 05:15', 'https://www.reddit.com/r/Bitcoin/comments/13p5jff/a_lot_of_people_here_get_downvoted_for_pointing/jl8uin2/', 'Texas also bans books and abortion and allows the government to claim eminent domain over private property so a corporation can build a pipeline or well. \n\nChoose wisely, your great red state may not even be able to keep the power on.', '13p5jff']]], ['u/lymeguy', 'What if crypto already peaked?', 93, '2023-05-23 01:35', 'https://www.reddit.com/r/CryptoCurrency/comments/13p7aeq/what_if_crypto_already_peaked/', "Imagine the year is 2030 and bitcoin is still hovering around 26-35k more or less depending on the month.\n\nStill in the top 10 are bitcoin etherium and Dogecoin. The market rarely gets further than the days of the covid pandemic crypto spike/marketcap. \n\nMeaning people aren't getting 'rich' off crypto like un the early days, just mostly whales who can afford big risks in little pumps.\n\nThat said at least there is some stability if the market is sticking around but maybe doesn't have the old hype that it used to.\n\nHow would you feel about this type of scenario satisfied or disappointed in the evolution of the crypto market?\n\n🌙 📊🚗", 'https://www.reddit.com/r/CryptoCurrency/comments/13p7aeq/what_if_crypto_already_peaked/', '13p7aeq', [['u/LivingFondant1419', 146, '2023-05-23 01:39', 'https://www.reddit.com/r/CryptoCurrency/comments/13p7aeq/what_if_crypto_already_peaked/jl81z1y/', "Honestly, Im starting to get so desperate with real life that I'm placing too much hope on crypto doing well. The cost of living and rent in my city is absolutely stiffling. \n\nBeing so hopeful and excited for a future where I am comfortable for once is usually how I get hurt the worst.", '13p7aeq'], ['u/tewsbeferneds78', 28, '2023-05-23 01:45', 'https://www.reddit.com/r/CryptoCurrency/comments/13p7aeq/what_if_crypto_already_peaked/jl82ntp/', 'This has been said every year since at least 2016. Doesn’t take anything away from your points but just something to keep in mind.', '13p7aeq'], ['u/zoomercoomer9000', 63, '2023-05-23 01:46', 'https://www.reddit.com/r/CryptoCurrency/comments/13p7aeq/what_if_crypto_already_peaked/jl82vga/', 'Then we go back to playing with LEGO. But for now our new toy is still pretty fun.', '13p7aeq'], ['u/Dull_Tough_7149', 38, '2023-05-23 01:49', 'https://www.reddit.com/r/CryptoCurrency/comments/13p7aeq/what_if_crypto_already_peaked/jl83919/', "Come on, bois, wrong spirit here. Satoshi's plan is still active and will work. It's just a bad time right now with those idiotic and hateful regulations. If the worst happens, we will be remem... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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:Crypto\'s narrative this year has varied so widely that one dominant thread is difficult to pin down. BTC was hovering comfortably above $27K.\nInsights:Crypto in Hong Kong won\'t resemble what it looked like in previously, if the government passes proposed crypto exchange rules.\nCoinDesk Market Index (CMI)\n1,204.65\n+14.6▲1.2%\nBitcoin (BTC)\n$27,139\n+235.9▲0.9%\nEthereum (ETH)\n$1,849\n+27.9▲1.5%\nS&P 500 daily close\n4,145.58\n−47.0▼1.1%\nGold\n$1,978\n+3.4▲0.2%\nTreasury Yield 10 Years\n3.7%\n▼0.0\nBTC/ETH prices perCoinDesk Indices; gold is COMEX spot price. Prices as of about 4 p.m. ET\n[["1,204.65", "+14.6\\u25b21.2%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$27,139", "+235.9\\u25b20.9%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,849", "+27.9\\u25b21.5%"], {"CoinDesk Market Index (CMI)": "S&P 500 daily close"}, ["4,145.58", "\\u221247.0\\u25bc1.1%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,978", "+3.4\\u25b20.2%"], {"CoinDesk Market Index (CMI)": "Treasury Yield 10 Years"}, ["3.7%", "\\u25bc0.0"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices; gold is COMEX spot price. Prices as of about 4 p.m. ET"}]\nBitcoin Rises Slightly and Waits\nGood morning,\nBitcoin is starting the trading day in East Asia up 0.9% to $27,139, while ether is up 1.5% to $1,849.\nAre we in a meme coin season? A hedge against risk season? Or a risk asset season?\nTough to tell these days.\nOne day it seems like bitcoin and ether are making a slow and steady push upwards, then the next memecoin comes along and shoots into the stratosphere. On other days it seems like there’s a flight to quality. Consider the data point of staked ether hitting an all-time high.\nSince Ethereum\'s Shapella upgrade on April 12, the amount of staked ether has surged,CoinDesk recently reported, with 4.4 million more coins deposited for staking.\nAll this is despite over a month\'s wait to become a network validator, driven by large ether holders seeking passive income, and anticipated deflationary forces that may increase ether\'s price, making the 4-5% annual yield an attractive proposition.\n“With Ethereum’s Shanghai over and investors nursing memecoin hangovers, the crypto market is ‘sans narrative,’ Charmyn Ho, head of crypto insights at Bybit, wrote in a note to CoinDesk.\nHo writes that the imminent Ethereum EIP-4844 upgrade, which boosts transaction throughput via a process calledproto-danksharding, could favor Layer 2 solutions like Arbitrum, Optimism, and promising new entrants like Mantle, possibly ushering an "L2 season," while the altcoin market drifts towards Bitcoin amid a fluctuating yield curve.\nBut right now, the narrative is tricky to pin down.\n“With most coins struggling to break their 20-week moving averages, it seems premature to talk of an incoming ‘altseason’ or ‘memeseason’,” Ho said. “Indeed, we are still seeing capital move the opposite way – from altcoins to Bitcoin and Ethereum. As a result, most altcoins are falling on their BTC pairs.”\n[{"Asset": "Solana", "Ticker": "SOL", "Returns": "+1.5%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Ethereum", "Ticker": "ETH", "Returns": "+1.4%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Gala", "Ticker": "GALA", "Returns": "+1.4%", "DACS Sector": "Entertainment"}]\n[{"Asset": "Decentraland", "Ticker": "MANA", "Returns": "\\u22120.9%", "DACS Sector": "Entertainment"}, {"Asset": "Chainlink", "Ticker": "LINK", "Returns": "\\u22120.8%", "DACS Sector": "Computing"}, {"Asset": "Dogecoin", "Ticker": "DOGE", "Returns": "\\u22120.7%", "DACS Sector": "Currency"}]\nNew Hong Kong Rules Value TradFi Chops\nA few months ago,crypto Twitterati thoughtthat Hong Kong’s upcoming virtual asset rules would unlock a geyser of degen capital and jumpstart the China crypto narrative.\nAfter all, Hong Kong was, at one time, the home of crypto’s growth story in its early days. Binance, Bitfinex, Tether, Justin Sun, and many other crypto stakeholders as well as Initial Coin Offering (ICO) teams once called Hong Kong home as the city’s fast-paced and free-flowing markets on overdrive were a natural match for crypto.\nIt was hoped that all this would make Hong Kong’s crypto scene great again – bringing back the fast times of the past.\nBut the Securities and Futures Commission\'s (SFC)latest draftof the guidelines thatcame out Tuesday afternoonHong Kong time discouraged the idea.\nCurrently, most of the virtual asset trading platforms accessible to the public are not regulated by the SFC, and the SFC hasn’t announced a list of license applicants.\nTaking a glimpse at this draft, which plays a part of the consultation process, the SFC is beating down the idea that crypto in 2023’s Hong Kong is going to be like anything of the past.\nRetail Can Trade – After Onboarding\nYes, retail investors will be able to trade crypto in Hong Kong. But not every retail investor will be able to trade crypto in Hong Kong.\nThe exact criteria of what constitutes an onboarding process hasn’t been precisely defined, but the SFC says that the automatic trading nature of virtual assets “necessitates strict requirements”.\nPlatform operators must ensure the suitability of retail clients through comprehensive onboarding processes, the SFC says, including risk tolerance assessment and a holistic evaluation of an investor\'s understanding of virtual assets based on their education, work, and prior trading experience.\nPlatforms will be required to establish limits on the size of positions, and the SFC says that exact exposure limit will be determined based on a know-your-client process the exchange conducts.\nTradFi Licenses Prioritized\nOn top of these exchanges, just like any other traditional financial institution in Hong Kong, will be two key positions: the Responsible Officer and the Licensed Representative.\nThese individuals will generally have to fit within the criteria the SFC uses for these roles in the TradFi space. They must have a combination of relevant degrees (though does such a thing exist for crypto?), management experience and local equivalents to FINRA licenses from the Hong Kong Securities and Investment Institute.\nIt’s understood that many exchanges intending to apply for licenses in Hong Kong, such as Binance, have begun to heavily hire ex-TradFi types who hold these licenses – crypto knowledge be damned.\nExchanges Must Provide Financial Disclosures\nThe new regulations mandate crypto exchanges to maintain a minimum of HKD 5,000,000 ($640,000) in capital at all times and submit monthly financial reports to the SFC, which include a summary of both assets (in particular where and when they are deposited) as well as liabilities such as bank loans or other credit facilities.\nPost-FTX, many exchanges are publishingProof of Reserves, a form of on-chain audit to build confidence in their liquidity. However, these have been criticized for lacking one key metric – liabilities. It looks like this requirement from the SFC will address this.\nNot Every Token Can Be Listed; Retail Won’t Have Stablecoins\nPart of the SFC’s proposed rules is what effectively amounts to a 12-month cooling-off period between the launch of a token and when it\'s able to be listed on regulated exchanges.\n“While a 12-month requirement may not have prevented the recent collapses of some tokens, this requirement aims to reduce the risk of reasonably hard-to-detect fraud as well as the possible impact on the price of a token of the marketing efforts leading up to its initial offering,” the SFC writes.\nListed tokens must also have a smart contract audit completed by an independent assessor. As well, tokens must be large-cap virtual assets included in at least two acceptable indices issued by two independent index providers.\nHowever, the SFC said that it doesn’t feel it would be “appropriate” to publish a list of virtual assets eligible for retail trading.\nPerhaps the most controversial part of this would be the ban on stablecoins for retail traders, as the SFC finds them unsuitable for retail traders due to the propensity for runs and the lack of regulation.\nRetail traders will only get access to stablecoinsonce local regulations for the asset class are in place.\nCustodians Excluded\nFTX customers in Japanlive in something of a parallel universe to their peers elsewhere.\nBecause rules in Japan – implemented post-Mt. Gox – require exchanges that operate in the company to use third-party custodians that segregate funds, Japanese customers have been able to withdraw crypto and fiat fromFTX Japan since early February.\nBut this won’t be the case in Hong Kong.\nThe SFC says that since there is no regulatory regime for custodians of virtual assets, allowing that would hinder their supervision and enforcement.\nThis could be considered counterintuitive, since manycrypto custodians already existin Hong Kong, like Hex Trust. Alessio Quaglini, the CEO of Hex Trust,has long called for specific custodian rules for digital assets, but it looks like that request has met deafening silence.\n10:00 a.m. HKT/SGT(2:00 UTC)New Zealand Monetary Policy Statement\n2:00 p.m. HKT/SGT(6:00 UTC)United Kingdom Consumer Price Index (YoY/April)\n2:009 a.m. HKT/SGT(18:00 UTC)United States FOMC Minutes\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nFTX CEO\'s Legal Billings Hint at Comeback for Crypto Exchange; Bitcoin\'s Reaction to Debt Ceiling Stalemate\nThe new CEO of FTX, John Ray III, billed just over 6.5 hours in his last cycle reviewing and working on what appears to be FTX 2.0 materials. Laura Shin, "The Cryptopians" author and "Unchained" podcast host joined "First Mover" to discuss. Plus, LUKSO co-founder and chief blockchain architect Fabian Vogelsteller discussed LUKSO’s upcoming mainnet launch. And, bitcoin (BTC) was back above $27,000 – as President Biden and House Speaker Kevin McCarthy left their 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: 2023-05-24 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $527,751,286,731 - Hash Rate: 347301203.81571233 - Transaction Count: 405521.0 - Unique Addresses: 617027.0 Social & AI Sentiment: - Fear & Greed Index: 0.50 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Traders work the floor of the New York Stock Exchange during morning trading on May 05, 2022 in New York City. Michael M. Santiago/Getty US stocks fell on Thursday after weekly jobless claims jumped to the highest level since October 2021. Initial jobless claims jumped by 22,000 to 264,000, which was ahead of estimates for 245,000. PacWest Bancorp plunged more than 20% after the bank said its deposit base fell by nearly 10% last week. US stocks edged lower on Thursday after weekly jobless claims surged by 22,000 to 264,000, representing the highest level since October 2021. The high jobless claims number came in ahead of economists estimates for 245,000, and it continues a recent trend of the unemployment claims ticking higher as more companies reduce their headcount and slowdown their hiring efforts. Banking fears were renewed after PacWest Bancorp said its deposit base shrunk by nearly 10% last week after a report said it was considering a sale. The troubled bank stock plunged by more than 20% and helped drag down the Regional Banking sector ETF by 2%. Stocks also dipped despite further signs inflation is coming down. The April Producer Price Index rose just 0.2%, below expectations for a 0.3% rise. The PPI index fell to 2.3% year-over-year in April. That follows Wednesday's reading of the Consumer Price Index, which showed prices rose 4.9% last month, lower than economists' estimates. Investors remain focused on earnings results after Disney reported a decline in streaming subscriptions to its Disney+ platform. The stock fell about 6%. So far 90% of S&P 500 companies have reported first-quarter earnings so far, with 77% of those companies beating profit estimates by a median of 8%. Here's where US indexes stood shortly after the 9:30 a.m. ET opening bell on Thursday: S&P 500 : 4,123.36, down 0.35% Dow Jones Industrial Average : 33,287.03, down 0.73% (244.30 points) Nasdaq Composite : 12,284.70, down 0.18% Here's what else is happening this morning: Egg prices have declined by 32% since their January peak, which has helped limit the rise of inflation in recent months. Top economist David Rosenberg said Microsoft's decision to not raise salaries for its full-time employees signaled that US inflation should continue to fall. Bitcoin has slumped nearly 10% over the past month, putting the 2023 crypto rally in jeopardy after a strong start to the year. Story continues In commodities, bonds and crypto: West Texas Intermediate crude oil fell 1.65% to $71.36 per barrel. Brent crude , oil's international benchmark, dropped 1.58% to $75.20. Gold rose 0.12% to $2,039.60 per ounce. The yield on the 10-year Treasury fell 6 basis point to 3.37%. Bitcoin dropped 0.97% to $27,359, while ether fell 1.44% to $1,816. 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: ['Good morning. Here’s what’s happening: Prices: Bitcoin remains in the red as Asian markets open and investors consider U.S. debt ceiling woes and other uncertainties. Insights: In an interview with CoinDesk, Market maker Flowdesk\'s CEO sees opportunity in the U.S. Prices CoinDesk Market Index (CMI) 1,145 −32.2 ▼ 2.7% Bitcoin (BTC) $26,362 −856.1 ▼ 3.1% Ethereum (ETH) $1,805 −48.8 ▼ 2.6% S&P 500 4,115.24 −30.3 ▼ 0.7% Gold $1,961 −11.3 ▼ 0.6% Nikkei 225 30,682.68 −275.1 ▼ 0.9% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,145 −32.2 ▼ 2.7% Bitcoin (BTC) $26,362 −856.1 ▼ 3.1% Ethereum (ETH) $1,805 −48.8 ▼ 2.6% S&P 500 4,115.24 −30.3 ▼ 0.7% Gold $1,961 −11.3 ▼ 0.6% Nikkei 225 30,682.68 −275.1 ▼ 0.9% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) A Down Day for Bitcoin As the Asian trading day opened, investors continued to mull over recent macroeconomic uncertainties that have plagued digital assets for more than 12 days. Bitcoin was recently trading at $26,362, down about 3.1% over the past 24 hours. The largest cryptocurrency by market capitalization had been hovering in a narrow range before dipping below its recent $26,500 support early Wednesday. Markets have been roiled by an ongoing debt ceiling stalemate and inflationary and crypto regulatory concerns. Federal Open Market Committee minutes showing a difference of opinion among U.S. central bankers about further rate hikes did little if anything, to soothe markets – crypto or otherwise. "Bitcoin remains rangebound and should continue to consolidate near the lower boundaries of its downward sloping trading range, with the $25,000 level providing massive support," Edward Moya, senior market analyst for foreign exchange market maker Oanda, wrote in an email. Ether was recently changing hands at about $1,800, down 2.8% from Tuesday at the same time. Other major cryptos were mostly in the red, with popular memecoins DOGE and SHIB recently falling about 3% and 4%, respectively. The CoinDesk Market Index , a measure of cypto markets performance, was down 3%. Story continues Moya wrote that "bitcoin is under pressure as the risk of a U.S. default grows," and the U.S. central bank faces the prospect of continuing its monetary tightening. "Bitcoin is going to be very sensitive to surging Treasury yields as too many crypto/blockchain companies will struggle with financing," he wrote. "It is hard enough to find a bank that will deal in cryptos, let alone take out loans for long-term projects." Biggest Gainers There are no gainers in CoinDesk 20 today. Biggest Losers Asset Ticker Returns DACS Sector Terra LUNA −5.8% Smart Contract Platform Decentraland MANA −4.8% Entertainment Shiba Inu SHIB −4.5% Currency Insights Market Maker Flowdesk Aims for U.S. Expansion It’s tough to find someone that’s bullish on the U.S. crypto market. Some of the most recognizable names in the industry are bearish, citing a lack of regulatory clarity, like Coinbase CEO Brian Armstrong . Coinbase has threatened to move offshore if regulatory clarity isn’t established soon. And its sentiment is shared by many – plenty of crypto venture capitalists prefer to invest in places like Singapore. But Guilhem Chaumont, CEO of market maker and liquidity provider Flowdesk, sees things differently. In an interview with CoinDesk, Chaumont says he views the U.S. as a central hub for the crypto market and believes his company can thrive there due to its commitment to compliance and regulatory requirements – as onerous and unclear as they might be – from day one. Chaumont told CoinDesk that his company had just opened a New York office, which it wants to expand. The sophistication and size of the U.S. capital markets is a worthwhile trade-off for having to deal with its regulatory regime, he argues. He said that there’s an inevitable convergence of crypto and traditional finance (TradFi) regulations, which he views positively. He also notes the potential for a talent bridge between the sectors. "Crypto is not going to happen without regulation. And if that means that regulation needs to be TradFi levels, we are on this side, as we prefer to have this than having no regulation basically," he said. Hong Kong, for example, heavily emphasized the TradFi experience when it recently released the first draft of its crypto licensure framework. “The convergence of these two regulatory frameworks is a positive sign for us. Because it will allow for a massive bridge of talent to come into crypto," Chaumont said. In an ideal world, Chaumont says, there would be purpose-built regulation for crypto, but sometimes a compromise is necessary. After all, the future of crypto trading involves more and more regulated assets. “There was a hope, which I shared, that we could reinvent everything from scratch and take the best of both worlds to devise new regulation that is simpler than that of TradFi and lacks its costly complexity,” he said. “What we\'re seeing is that this hope is slowly fading away, and crypto regulation is basically converging with TradFi.” Which, for Flowdesk, isn’t a bad thing. Important events. The Future of Money, Governance & The Law (Washington D.C.) 8:30 p.m. HKT/SGT(12:30 UTC) United States Gross Domestic Product Annualized (Q1) 7:30 a.m. HKT/SGT(23:30 UTC) Tokyo Consumer Price Index (YoY/May) CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Ledger CEO on Key Recovery Rollout Delay; Bitcoin Poised to Post First Losing Month of 2023 Following scrutiny from the crypto community, hardware wallet provider Ledger said it will delay releasing a key recovery feature. Ledger CEO and Chairman Pascal Gauthier joined "First Mover" to discuss why the firm won’t introduce the new feature before releasing the code for it. Separately, Prometheum Inc. founder and co-CEO Aaron Kaplan discussed the SEC-friendly crypto path that the firm has found with the U.S. regulator. And, "The Crypto Trader" author Glen Goodman shared his markets analysis, as bitcoin (BTC) is on track to post its first losing month of 2023. Headlines Crypto Security Firm Unciphered Claims Ability to Physically Hack Trezor T Wallet : Unciphered, a company of cybersecurity professionals who recover lost cryptocurrency, says it found a way to physically hack into the Trezor T hardware wallet. Trezor says it acknowledged a similar-sounding attack vector a few years ago. Fantom Foundation Removes $2.4M MULTI from SushiSwap Liquidity Pool : Multichain’s current upgrade is taking longer than expected, causing delays in their transactions. 0x Releases Latest Version of DEX Aggregator Matcha : The newest iteration is focused on enhancing the trading experience for users. Ava Labs Launches \'No-Code\' Web3 Launchpad AvaCloud : Ava Labs says that the tool will allow companies to bring Web3 products to market faster, cheaper and with lower risk. Non-Profit Organization Energy Web Starts Sustainability Registry for Bitcoin Miners : Miners will be scored based on their use of clean energy and grid impact.', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin remains in the red as Asian markets open and investors consider U.S. debt ceiling woes and other uncertainties.\nInsights:In an interview with CoinDesk, Market maker Flowdesk\'s CEO sees opportunity in the U.S.\nCoinDesk Market Index (CMI)\n1,145\n−32.2▼2.7%\nBitcoin (BTC)\n$26,362\n−856.1▼3.1%\nEthereum (ETH)\n$1,805\n−48.8▼2.6%\nS&P 500\n4,115.24\n−30.3▼0.7%\nGold\n$1,961\n−11.3▼0.6%\nNikkei 225\n30,682.68\n−275.1▼0.9%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,145", "\\u221232.2\\u25bc2.7%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$26,362", "\\u2212856.1\\u25bc3.1%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,805", "\\u221248.8\\u25bc2.6%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,115.24", "\\u221230.3\\u25bc0.7%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,961", "\\u221211.3\\u25bc0.6%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["30,682.68", "\\u2212275.1\\u25bc0.9%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nA Down Day for Bitcoin\nAs the Asian trading day opened, investors continued to mull over recent macroeconomic uncertainties that have plagued digital assets for more than 12 days.\nBitcoin was recently trading at $26,362, down about 3.1% over the past 24 hours. The largest cryptocurrency by market capitalization had been hovering in a narrow range before dipping below its recent $26,500 support early Wednesday. Markets have been roiled by an ongoing debt ceiling stalemate and inflationary and crypto regulatory concerns. Federal Open Market Committee minutes showing a difference of opinion among U.S. central bankers about further rate hikes did little if anything, to soothe markets – crypto or otherwise.\n"Bitcoin remains rangebound and should continue to consolidate near the lower boundaries of its downward sloping trading range, with the $25,000 level providing massive support," Edward Moya, senior market analyst for foreign exchange market maker Oanda, wrote in an email.\nEther was recently changing hands at about $1,800, down 2.8% from Tuesday at the same time. Other major cryptos were mostly in the red, with popular memecoins DOGE and SHIB recently falling about 3% and 4%, respectively. TheCoinDesk Market Index, a measure of cypto markets performance, was down 3%.\nMoya wrote that "bitcoin is under pressure as the risk of a U.S. default grows," and the U.S. central bank faces the prospect of continuing its monetary tightening.\n"Bitcoin is going to be very sensitive to surging Treasury yields as too many crypto/blockchain companies will struggle with financing," he wrote. "It is hard enough to find a bank that will deal in cryptos, let alone take out loans for long-term projects."\nThere are no gainers in CoinDesk 20 today.\n[{"Asse Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-25 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $508,952,067,181 - Hash Rate: 371932494.8664721 - Transaction Count: 460167.0 - Unique Addresses: 689359.0 Social & AI Sentiment: - Fear & Greed Index: 0.51 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Join the most important conversation in crypto and web3! Secure your seat today Argo Blockchain (ARB), the only U.K.-listed cryptocurrency miner, slumped to a full-year loss in 2022 as the price of bitcoin (BTC) dropped and mining difficulty increased, driving up costs as revenue fell. The London-based companyreported a net lossof 194.2 million British pounds (US$240 million), or 40.98 pence a share, compared with net income of 30.8 million pounds, or 7.4 pence, the year before, it said in a statement. The bitcoin price slumped more than 60% last year. Miners across the board struggled in 2022 as revenue declined alongside the bitcoin price while energy costs soared and the difficulty of mining a bitcoin block, which is when they are rewarded,soared. While rivals such asCore ScientificandCompute Northfiled for bankruptcy protection, Argo avoided the same fate byagreeing to sell its Helios miningfacility in Dickens Country, Texas, to Galaxy Digital for $65 million. It also negotiated a new $35 million loan from investor Michael Novogratz’s crypto-focused financial-services firm, secured by its mining equipment. Argo's mining margin widened to 45%-50% in the first quarter from 35% in the fourth quarter, while daily bitcoin production rose 5%. Argo said it will now focus on its operations in Quebec, Canada, where it operates two sites totaling 20 megawatts (MW) of power, according to itswebsite. "Having navigated challenging market conditions in both the crypto sector and the global economy in the second half of 2022, Argo has emerged stronger and in a much more solid financial position," interim CEO Seif El-Bakly said in the statement. Peter Wallresignedas CEO almost three months ago. The flagship Helios site didn't have a fixed-rate power agreement, which meant costs rose sharply amid the2022 energy crisis. Argo tried toraise fundsto avoid bankruptcy, then eventually decided to sell the site, which has the potential ofreaching 800 MWof power consumption. The firm ended the year with 2.5 exahash/second of computing power, slightly less than the3.2 EH/s it foresawin August 2022. Argo isone of a handful of companiesthat agreed to buy chipmaking giant Intel's (INTC) bitcoin mining application-specific integrated circuits (ASIC) in February 2022. It isdesigned a mining rig using those chips along with hardware maker ePIC Blockchain. Intel last week said it isdiscontinuingthe product line while ePIC Blockchain is promoting the Intel-based machines on its website to other customers. Argo said it expects to receive 2,870 units of the Intel-based chips early in the third quarter. Shares of the company fell 5% as of mid-morning on the London Stock Exchange. UPDATE (April 28, 9:51 UTC):Adds mining industry background in third paragraph, first-quarter information in fourth, details about Helios, ePIC Blockchain collaboration, Quebec sites.... - Reddit Posts (Sample): [['u/AutoModerator', '[Daily Discussion] - Thursday, May 25, 2023', 28, '2023-05-25 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/13r7acs/daily_discussion_thursday_may_25_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\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/13r7acs/daily_discussion_thursday_may_25_2023/', '13r7acs', [['u/anon-187101', 21, '2023-05-25 07:35', 'https://www.reddit.com/r/BitcoinMarkets/comments/13r7acs/daily_discussion_thursday_may_25_2023/jlj2mdo/', '"Crazy stat: $NVDA\'s post-market gain > nearly all of the revenue its generated since the company\'s inception."\n\nHuh, what FOMO?', '13r7acs'], ['u/btcluvr', 27, '2023-05-25 09:10', 'https://www.reddit.com/r/BitcoinMarkets/comments/13r7acs/daily_discussion_thursday_may_25_2023/jljabzn/', "it's a no-brainer actually.\n\nno default, debt limit lifted (99% chance) = print baby print, more debt, more trust erosion.\n\ndefault (1% chance) = all fed networks go to shambles, trust is broken once and for all, all rating agencies, hedge funds, bonds, treasuries and j-pow on top.\n\naccumulate more, these are great times.", '13r7acs'], ['u/ChadRun04', 16, '2023-05-25 09:52', 'https://www.reddit.com/r/BitcoinMarkets/comments/13r7acs/daily_discussion_thursday_may_25_2023/jljdexp/', '> 99% chance\n\nLow-balling it.\n\n99.9998% at least.', '13r7acs'], ['u/_supert_', 10, '2023-05-25 10:48', 'https://www.reddit.com/r/BitcoinMarkets/comments/13r7acs/daily_discussion_thursday_may_25_2023/jljhe5j/', 'Motherfucker. I was looking at getting some because both the AI push and should benefit from a crypto spring. But it looked so rich... :(', '13r7acs'], ['u/therein', 17, '2023-05-25 19:37', 'https://www.reddit.com/r/BitcoinMarkets/comments/13r7acs/daily_discussion_thursday_may_25_2023/jllaldn/', 'We rotate today it seems. Wonderful.\n\nHere is a nice article from May 9: https://blog.bitmex.com/the-denominator/#', '13r7acs'], ['u/spinbarkit', 10, '2023-05-25 20:50', 'https://www.reddit.com/r/BitcoinMarkets/comments/13r7acs/daily_discussion_thursday_may_25_2023/jlllzt4/', 'dude this is golden', '13r7acs']]], ['u/rBitcoinMod', 'Daily Discussion, May 25, 2023', 25, '2023-05-25 08:02', 'https://www.reddit.com/r/Bitcoin/comments/13r9iji/daily_discussion_may_25_2023/', "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!\r\n\r\nIf you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.\n\nPlease check the [previous discussion thread](https://www.reddit.com/r/Bitcoin/comments/13qd45m/daily_discussion_may_24_2023/) for unanswered questions.", 'https://www.reddit.com/r/Bitcoin/comments/13r9iji/daily_discussion_may_25_2023/', '13r9iji', [['u/iamjustaguy', 26, '2023-05-25 15:33', 'https://www.reddit.com/r/Bitcoin/comments/13r9iji/daily_discussion_may_25_2023/jlk96yp/', 'I\'ve noticed increased simping for politicians here on this subreddit. Please, stop. \n\nI\'m old enough to remember how a politician once said he was pro union, and the air traffic controllers endorsed him for president. After he took office, the air traffic controllers went on strike. The "pro union" president promptly fired them.\n\nSo, these politicians see how passionate bitcoiners are, so they announce their support for it. When the banksters, owners, and corporate overlords put the pressure on politicians after the election is over, don\'t forget what happened to the air traffic controllers in 1981.\n\nThere are many more examples, both Democrat and Republican.\n\nDON\'T TRUST POLITICIANS! (verify by looking at their track record with a critical mind)', '13r9iji'], ['u/paperraincoat', 11, '2023-05-25 16:17', 'https://www.reddit.com/r/Bitcoin/comments/13r9iji/daily_discussion_may_25_2023/jlkfjdq/', "Capitalist Democrats are effective enablers of Capitalist Republicans. It's like growing up being beaten by one parent and thinking the other parent is good, it often takes a long time to realize they're both terrible. \n\n\nLikewise, each party would rather let the other side win than support a non-Capitalist Democrat like Bernie. This was what finally convinced me that both parties truly are two sides of the oligarchy coin. There are real differences on lower-level issues to be sure, but when it comes to money, and stealing (printing) it, their fundamentals are the same.", '13r9iji'], ['u/hateschoolfml', 10, '2023-05-25 17:27', 'https://www.reddit.com/r/Bitcoin/comments/13r9iji/daily_discussion_may_25_2023/jlkq8nz/', 'Fiat was concocted in backrooms, imposed on all.\n\nBitcoin was built in public, imposed on none.\n\nhttps://twitter.com/anilsaidso/status/1661588756892389376?s=46&t=ihVglVXC0BQSbw6j57EoaA', '13r9iji'], ['u/Umpire_State_Bldg', 13, '2023-05-25 17:43', 'https://www.reddit.com/r/Bitcoin/comments/13r9iji/daily_discussion_may_25_2023/jlksr3r/', 'Bitcoin rewards smart, honest, hard-working people.\n\nFiat currency punishes smart, honest, hard-working people.\n\nFiat currency rewards stupidity and dishonesty. Fiat currency gives false hope to the lazy.', '13r9iji']]], ['u/Ok-Implement-4370', 'Calling out CSW/CA/KW/SM', 15, '2023-05-25 08:57', 'https://www.reddit.com/r/bsv/comments/13rafos/calling_out_cswcakwsm/', "For those of you who do not know me, my family did well on BTC with Coins acquired atleast ten years ago. 300 BTC that was cashed out is my rough budget I can set aside for this project.\n\nSo to help AVP in his Quest for Evidence in one of his recent posts, I am offering to purchase 500,000 BSV at the market rate at the time the evidence is verified.\nhttps://twitter.com/Arthur_van_Pelt/status/1660919603495567362?t=8-qAv7c8ytwqK6giqsqKuA&s=19\n\nI see this as two outcomes.\nIf CSW/CA/KW/SM want credibility, which at this point is zero then they can view this in two outcomes as well.\n\nIt allows those who foolishly 'invested' into BSV and wish to get out with a minimal loss to sell, I will prioritise their Coins over TAAL purchases etc for this huge order and pay above the current market rate for those who wish to sell and recover some of their losses. I will give 250,000 of these BSV Coins to whoever presents verifiable evidence first. As the price plummets for BSV, it means I spend less and the 'winner' gets a smaller jackpot.\n\nObviously, once the evidence is verified, the value of the coins will skyrocket on news that Craig is not a total pathological lying, thieving, delusional narcissist living a fantasy world of Grandeur ensuring the Evidence provider gets a massive injection of BSV.\n\nWhether anyone wants to buy that BSV from the winner is dependent on the market but we all know what the market adoption has been like so far...\nMaybe this is not actually a prize if you cannot exchange it for anything 😂\n\nPrize cannot be provided as Cash or BTC or any other reputable Shitcoin 👍\n\nYour call BSV lovers. Ask Daddy Calvin, Sugar Baby Craig, creepy Uncle Stephen or Kurt the sock under the bed to cough up some REAL Evidence.\n\nSomehow I can guarantee it will be Soon™ or with a Bonded Courier, stomped on the evidence, Dog ate my homework, Cat shat in my Hat or the Hong Kong Safety Box got raided by S.H.E.I.L.D to protect the world(I should Copyright that one but we all know CSW will plagiarise it anyway)", 'https://www.reddit.com/r/bsv/comments/13rafos/calling_out_cswcakwsm/', '13rafos', [['u/anonymouscitizen2', 16, '2023-05-25 11:31', 'https://www.reddit.com/r/bsv/comments/13rafos/calling_out_cswcakwsm/jljkfbv/', 'I visited Craigs 30000 acre property in Australia in 07-2008 and saw an idling laptop computer on-top of an intro to C++ textbook. Also can affirm his 3rd cousin thinks he’s good at computer stuff and he believed craig made bitcoin ( he’s dead now, passed in 06) I will testify to this in an Antiguan court of law. \n\ncontact me for my payment details, thx.', '13rafos']]], ['u/B1gg_R3dd', 'Is this the last time to “get in early”?', 32, '2023-05-25 08:58', 'https://www.reddit.com/r/CryptoCurrency/comments/13rag8n/is_this_the_last_time_to_get_in_early/', 'I hear people saying to newcomers that we are all still very very early as far as crypto is concerned. My fear is that I haven’t had enough time to build my portfolio to really have anything worthwhile in this next bull market. I will keep dca in to btc and eth and looking in to other projects regardless, but I don’t feel like I’ll be obtaining financial freedom anytime soon. As we move closer to this next Bitcoin halving, and what I assume to be a potential bull market on the horizon, could this be the last time to truly be an early bird in the crypto space? Mining doesn’t seem like a viable option anymore unless you spend a lot of money and have low electricity costs, so the only way for me to invest is by continuing to work my job and use fiat for everything. Maybe this is just the FOMO talking, but I can’t help but feel like I should sell all my shit to just throw in to Bitcoin and alt coins right now.', 'https://www.reddit.com/r/Crypto... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Company to add more than 120,000 miners to its managed fleet, increase total hashrate under management by approximately 12.2 EH/s MIAMI, May 26, 2023 --( BUSINESS WIRE )--US Data Mining Group Inc. dba US Bitcoin Corp ("USBTC"), which announced an all-stock merger of equals with Hut 8 Mining Corp. (NASDAQ: HUT) on February 7, 2023, today announced that it has been selected after multiple rounds of bidding in a competitive auction process to manage the restructured mining division of Celsius Network LLC ("Celsius"), which filed for Chapter 11 bankruptcy protection in July 2022. USBTC submitted the winning bid as part of the Fahrenheit, LLC ("Fahrenheit") coalition. The Fahrenheit coalition includes crypto industry pioneers USBTC, Arrington Capital, Proof Group Capital Management, Steven Kokinos, and Ravi Kaza. Upon restructuring, Fahrenheit will serve as the management company of the broader Celsius entity. Fahrenheit will receive a management fee of $20 million per year as part of a five-year agreement with Celsius. "Our specialized expertise and track record of execution ultimately secured Fahrenheit’s successful bid to restructure Celsius," said Michael Ho, CEO of USBTC. "Each member of the coalition brings extensive experience operating, optimizing, and scaling high-potential assets across web3 markets." Under the proposed restructuring, USBTC will enter into one or more operating and services agreements with the restructured company to become the exclusive operator of all mining assets formerly owned by Celsius. In addition to a portion of the management fee, USBTC will also receive from Fahrenheit a fee of $15 million per year net of operating expenses to manage the mining division of the restructured company. USBTC expects to increase its total installed hashrate under management by approximately 12.2 EH/s upon full energization of the Celsius fleet of 121,800 machines. "We are deeply committed to building value for the creditors of Celsius," said Asher Genoot, President of USBTC. "Just as we did with Generate Capital and NextEra Energy in the Compute North bankruptcy, we will help another deserving partner emerge from bankruptcy stronger than ever. We’re incredibly excited to get to work and show the world what we can achieve together." The consummation of Celsius’ restructuring transaction is subject to approval of the Bankruptcy Court. Story continues About US Bitcoin Corp (USBTC) USBTC is a leading industrial-scale operator of bitcoin mining sites, specializing in the design, construction, and management of sites with access to low-cost and sustainable sources of energy. The company operates four sites across the United States with total capacity of more than 730 MW of electricity and generates revenue through self-mining, hosting, managed infrastructure operations, and equipment sales. USBTC announced an all-stock merger of equals with Hut 8 Mining Corp. on February 7, 2023, which is subject to customary closing conditions. The combined company will be named Hut 8 Corp. and will be a U.S.-domiciled entity. Disclaimer This press release incorporates "future-oriented information" and "forward-looking statements" as per United States securities laws. All data, apart from statements of historical facts, included in this press release that address actions, events, or developments that USBTC anticipates or expects will or might take place in the future, including aspects such as future business strategy, competitive strengths, objectives, expansion and growth of USBTC\'s businesses, operations, plans, and other similar matters, constitute future-oriented information. Forward-looking information is often indicated by terms such as "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "allow", "believe", "estimate", "expect", "predict", "can", "might", "potential", "predict", "is designed to", "likely", or similar expressions. Furthermore, any statements in this press release referring to expectations, projections, or other descriptions of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts; instead, they signify management\'s expectations, estimates, and projections about future events based on certain significant factors and assumptions at the time the statement was made. While US Data Mining Group Inc. dba US Bitcoin Corp ("USBTC") deems these statements reasonable as of the press release\'s date, such statements are subject to recognized and unknown risks, uncertainties, assumptions, and other factors that may result in the actual results, activity level, performance, or achievements being materially different from those conveyed or implied by such future-oriented information. The forward-looking statements included in this press release are provided as of the press release\'s date, and USBTC expressly disclaims any duty to update or modify statements containing any future-oriented information, or the factors or assumptions underlying them, whether due to new data, future events, or otherwise, except as mandated by law. Except where otherwise specified herein, the information provided herein is based on matters as they exist as of the date of preparation and not as of any future date and will not be updated or otherwise revised to reflect information that subsequently becomes available, or circumstances existing or changes occurring after the date of preparation. View source version on businesswire.com: https://www.businesswire.com/news/home/20230525005908/en/ Contacts For more information, visit www.usbitcoin.com or contact [email protected]', 'Company to add more than 120,000 miners to its managed fleet, increase total hashrate under management by approximately 12.2 EH/s MIAMI, May 26, 2023 --( BUSINESS WIRE )--US Data Mining Group Inc. dba US Bitcoin Corp ("USBTC"), which announced an all-stock merger of equals with Hut 8 Mining Corp. (NASDAQ: HUT) on February 7, 2023, today announced that it has been selected after multiple rounds of bidding in a competitive auction process to manage the restructured mining division of Celsius Network LLC ("Celsius"), which filed for Chapter 11 bankruptcy protection in July 2022. USBTC submitted the winning bid as part of the Fahrenheit, LLC ("Fahrenheit") coalition. The Fahrenheit coalition includes crypto industry pioneers USBTC, Arrington Capital, Proof Group Capital Management, Steven Kokinos, and Ravi Kaza. Upon restructuring, Fahrenheit will serve as the management company of the broader Celsius entity. Fahrenheit will receive a management fee of $20 million per year as part of a five-year agreement with Celsius. "Our specialized expertise and track record of execution ultimately secured Fahrenheit’s successful bid to restructure Celsius," said Michael Ho, CEO of USBTC. "Each member of the coalition brings extensive experience operating, optimizing, and scaling high-potential assets across web3 markets." Under the proposed restructuring, USBTC will enter into one or more operating and services agreements with the restructured company to become the exclusive operator of all mining assets formerly owned by Celsius. In addition to a portion of the management fee, USBTC will also receive from Fahrenheit a fee of $15 million per year net of operating expenses to manage the mining division of the restructured company. USBTC expects to increase its total installed hashrate under management by approximately 12.2 EH/s upon full energization of the Celsius fleet of 121,800 machines. "We are deeply committed to building value for the creditors of Celsius," said Asher Genoot, President of USBTC. "Just as we did with Generate Capital and NextEra Energy in the Compute North bankruptcy, we will help another deserving partner emerge from bankruptcy stronger than ever. We’re incredibly excited to get to work and show the world what we can achieve together." The consummation of Celsius’ restructuring transaction is subject to approval of the Bankruptcy Court. Story continues About US Bitcoin Corp (USBTC) USBTC is a leading industrial-scale operator of bitcoin mining sites, specializing in the design, construction, and management of sites with access to low-cost and sustainable sources of energy. The company operates four sites across the United States with total capacity of more than 730 MW of electricity and generates revenue through self-mining, hosting, managed infrastructure operations, and equipment sales. USBTC announced an all-stock merger of equals with Hut 8 Mining Corp. on February 7, 2023, which is subject to customary closing conditions. The combined company will be named Hut 8 Corp. and will be a U.S.-domiciled entity. Disclaimer This press release incorporates "future-oriented information" and "forward-looking statements" as per United States securities laws. All data, apart from statements of historical facts, included in this press release that address actions, events, or developments that USBTC anticipates or expects will or might take place in the future, including aspects such as future business strategy, competitive strengths, objectives, expansion and growth of USBTC\'s businesses, operations, plans, and other similar matters, constitute future-oriented information. Forward-looking information is often indicated by terms such as "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "allow", "believe", "estimate", "expect", "predict", "can", "might", "potential", "predict", "is designed to", "likely", or similar expressions. Furthermore, any statements in this press release referring to expectations, projections, or other descriptions of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts; instead, they signify management\'s expectations, estimates, and projections about future events based on certain significant factors and assumption Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-26 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $513,120,316,306 - Hash Rate: 376858753.076624 - Transaction Count: 532373.0 - Unique Addresses: 738629.0 Social & AI Sentiment: - Fear & Greed Index: 0.49 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Diversifying Company's Treasury with Decentralized Holdings via Bitcoin Toronto, Ontario--(Newsfile Corp. - March 31, 2023) - Cypherpunk Holdings Inc. (CSE: HODL) (OTC Pink: CYFRF) (" Cypherpunk " or, the "Company "), a sector leader for blockchain, privacy and cryptography focused investments, would like to announce update on the Company's strategy of treasury management. Board Resolution The Board of Cypherpunk Holdings has approved to diversify the company's treasury via decentralized cryptocurrency holdings. As part of its portfolio management strategy, the board has approved to allocate up to 40% of its current Net Assets to Bitcoin. To date the company acquired 69 Bitcoins for a total consideration of CAD $2.58m (USD $1.91m) The average price of Bitcoin was CAD $ 37,416 (USD $27,653). Jon Matonis, Chief Economist of Cypherpunk Holdings commented: "Bitcoin is in a secular bull market as it heads toward its 5th epoch with the halving estimated to occur sometime in early April 2024. However, this cycle also has some surprising tailwinds with Bitcoin beginning to decouple from its recent S&P correlation and establish an independent and powerful safe haven bid." Other Holdings: The Company maintains its other equity investments in Animoca Brands, Chia Networks Inc, ZkSnacks Ltd (dba Wasabi Wallet), NGRAVE, and Samourai Wallet. The company also owns approximately 2500 TH of mining hardware which continues to be operated under contract by MineOn LLC (dba MiningStore). About Cypherpunk Holdings Inc. Cypherpunk was established to invest in currencies, companies, technologies and protocols, which enhance or protect privacy. Its strategy is to make targeted investments in businesses and assets with strong privacy attributes, often within the blockchain ecosystem, including select cryptocurrencies. Current equity investments include Samourai Wallet, Wasabi Wallet, Chia, NGRAVE and GOAT. Cautionary Note Regarding Forward-Looking Information This news release contains "forward-looking information" within the meaning of applicable securities laws. Generally, any statements that are not historical facts may contain forward-looking information, and forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or indicates that certain actions, events or results "may", "could", "would", "might" or "will be" taken, "occur" or "be achieved". Forward-looking information includes, but is not limited to the Company's expectation or belief regarding its investment in shares of Animoca Brand and Animoca Brand's future performance or business. There is no assurance that the Company's plans or objectives will be implemented as set out herein, or at all. Forward-looking information is based on certain factors and assumptions the Company believes to be reasonable at the time such statements are made and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by law. Investors are cautioned against attributing undue certainty to forward-looking statements. Story continues Officer/Director Contact: Investor Relations Contact: Tony Guoga Chief Executive Officer [email protected] Office: 1-647-946-1300 Veronika Oswald Investor Relations [email protected] Office: 1-647-946-1300 To view the source version of this press release, please visit https://www.newsfilecorp.com/release/160812... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Toronto, Ontario--(Newsfile Corp. - May 26, 2023) - Bluesky Digital Assets Corp., (CSE: BTC) (OTCQB: BTCWF) ("Bluesky" or the "Corporation") announced today that it had completed several debt settlements and that the Corporation settled an aggregate of $735,343 CAD of secured debt owed to four creditors via the issuance of an aggregate 15,810,432 Common Shares. $652,575 CAD was settled via the issuance of 13,051,500 Common Shares at a price of $0.05 CAD per Common Share. $82,768 CAD was settled via the issuance of 2,758,932 Common Shares at a price of $0.03 CAD per Common Share. The Corporation settled the pricing for the $82,768 on April 4, 2023. The Debt Settlement will assist the Corporation in preserving its cash for working capital and to further advance its AI endeavors. About Bluesky Digital Assets Corp. Bluesky Digital Assets Corp, is building a high value digital enterprise. Bluesky in its startup phase, mined digital currencies such as Bitcoin and Ether and developed value-added technology services for the digital currency market, such as proprietary technology solutions. Offering a complete ecosystem of value-creation, Bluesky has invested appropriate portions of its previous digital currency mining profits back into its operations. A percentage of the profit l was invested in the development of a proprietary Artificial Intelligence ("AI") based Blockchain technology. Overall, Bluesky takes an approach that enables the Corporation to scale, and respond to changing conditions, within the still-emerging Blockchain industry. The Corporation is poised to capture value in successive phases as this industry continues to change, evolve, and scale. For more information please visit Bluesky at: www.blueskydigitalassets.com or www.blueskyintel.com . Please also follow us on Linkedin at: www.linkedin.com/company/bluesky-digital-assets/ . For further information please contact: Mr. Ben Gelfand CEO & Director Bluesky Digital Assets Corp. T: (416) 363-3833 E: [email protected] Story continues Mr. Frank Kordy Secretary & Director Bluesky Digital Assets Corp. T: (647) 466-4037 E: [email protected] Forward-Looking Statements Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward- looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider as that term is defined in the policies of the CSE accepts responsibility for the adequacy or accuracy of this release. We seek safe harbor. - 30 - To view the source version of this press release, please visit https://www.newsfilecorp.com/release/167788', 'Toronto, Ontario--(Newsfile Corp. - May 26, 2023) - Bluesky Digital Assets Corp., (CSE: BTC) (OTCQB: BTCWF) ("Bluesky" or the "Corporation") announced today that it had completed several debt settlements and that the Corporation settled an aggregate of $735,343 CAD of secured debt owed to four creditors via the issuance of an aggregate 15,810,432 Common Shares. $652,575 CAD was settled via the issuance of 13,051,500 Common Shares at a price of $0.05 CAD per Common Share. $82,768 CAD was settled via the issuance of 2,758,932 Common Shares at a price of $0.03 CAD per Common Share. The Corporation settled the pricing for the $82,768 on April 4, 2023. The Debt Settlement will assist the Corporation in preserving its cash for working capital and to further advance its AI endeavors.\nAbout Bluesky Digital Assets Corp.\nBluesky Digital Assets Corp, is building a high value digital enterprise. Bluesky in its startup phase, mined digital currencies such as Bitcoin and Ether and developed value-added technology services for the digital currency market, such as proprietary technology solutions. Offering a complete ecosystem of value-creation, Bluesky has invested appropriate portions of its previous digital currency mining profits back into its operations. A percentage of the profit l was invested in the development of a proprietary Artificial Intelligence ("AI") based Blockchain technology. Overall, Bluesky takes an approach that enables the Corporation to scale, and respond to changing conditions, within the still-emerging Blockchain industry. The Corporation is poised to capture value in successive phases as this industry continues to change, evolve, and scale.\nFor more information please visit Bluesky at:www.blueskydigitalassets.comorwww.blueskyintel.com.\nPlease also follow us on Linkedin at:www.linkedin.com/company/bluesky-digital-assets/.\nFor further information please contact:\nMr. Ben GelfandCEO & DirectorBluesky Digital Assets Corp.T: (416) 363-3833E:[email protected]\nMr. Frank KordySecretary & DirectorBluesky Digital Assets Corp.T: (647) 466-4037E:[email protected]\nForward-Looking Statements\nInformation set forth in this news release may involve forward-looking statements under applicable securities laws. The forward- looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider as that term is defined in the policies of the CSE accepts responsibility for the adequacy or accuracy of this release. We seek safe harbor.\n- 30 -\nTo view the source version of this press release, please visithttps://www.newsfilecorp.com/release/167788', "Participants Clark S. Soucy; IR Director; Canaan Inc. James Jin Cheng; CFO; Canaan Inc. Nangeng Zhang; Chairman & CEO; Canaan Inc. Jiaer Zhu; Research Analyst; China Renaissance Securities (US) Inc., Research Division Jiaji Song Kevin Darryl Dede; MD of Equity Research & Senior Technology Analyst; H.C. Wainwright & Co, LLC, Research Division Michael Frederick Legg; Senior Equity Analyst; The Benchmark Company, LLC, Research Division Presentation Operator Ladies and gentlemen, thank you for standing by, and welcome to Canaan's Inc. First Quarter 2023 Earnings Conference Call. At this time, all participants are in listen-only mode. After the management's prepared remarks, we will have a question-and-answer session. Please note that this event is being recorded. Now I would like to hand the conference over to your speaker host today, Mr. Clark Soucy, Investor Relations Director of the company. Please go ahead, Clark. Clark S. Soucy Thank you. Hello, everyone, and welcome to our earnings conference call. The company's financial and operating results were released by Newswire services earlier today and are currently available online. Joining us today are our Chairman and CEO, Mr. Nangeng Zhang; and our CFO, Mr. Jin Cheng James. In addition, Mr. Leo Wang, IR Senior Director; and Ms. Xi Zhang, IR Manager, will also be available during the question-and-answer session. Mr. Zhang will start the call by providing an overview of the company and performance highlights for the quarter. Mr. Cheng will then provide details on the company's operating and financial results for the period before we open the call up for your questions. Before we continue, I would like to refer you to our safe harbor statement in our earnings press release. Today's call will include forward-looking statements. These statements include, but are not limited to, our outlook for the company and statements that estimate or project future results of operations or the performance of the company. These statements speak only as of the date hereof, and the company assumes no obligation to revise any forward-looking statements that may be made in today's press release, call or webcast, except as required by law. These statements do not guarantee future performance and are subject to risks, uncertainties and assumptions. Please refer to the press release and the risk factors and documents we file with the Securities and Exchange Commission, including our most recent annual report on Form 20-F for information on risks, uncertainties and assumptions that may cause actual results to differ materially from those set forth in such statements. In addition, during today's call and webcast, we will discuss both GAAP financial measures and certain non-GAAP financial measures, which we believe are useful as supplemental measures of the company's performance. These non-GAAP measures should be considered in addition to and not as a substitute for or in isolation from GAAP results. You can find additional disclosures regarding these non-GAAP measures, including reconciliations with comparable GAAP results in 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: 2023-05-27 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $518,626,457,212 - Hash Rate: 357153720.2360163 - Transaction Count: 471633.0 - Unique Addresses: 672783.0 Social & AI Sentiment: - Fear & Greed Index: 0.48 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The price of Bitcoin and gold surged in March after Silicon Valley Bank led a string of bank failures and liquidity crises. Few analysts were surprised by these price movements as both are used to circumvent banks and other centralized financial institutions. The question is, which one is a better choice in the current economic climate? Ray Dalio, the founder of the world's largest hedge fund, Bridgewater Associates, has weighed in on the great Bitcoin vs. gold or digital gold vs. real gold debate. Few were surprised to hear his opinion as he is well known for his bullish stance on gold. In an interview with Maria Bartiromo at Fox Business, Dalio expressed that he much prefers gold over Bitcoin, even though he said that he holds a small amount of Bitcoin. Dalio has soured further on Bitcoin since the interview, saying that Bitcoin “has no relation to anything” and that it receives disproportionate attention. Dalio believes that Bitcoin's status as a form of digital gold is still unproven, citing concerns that it’s too volatile to be money or a store of value. He acknowledges the potential of blockchain tech; he just doesn’t think Bitcoin will be the one to win out. In contrast, gold is stable because it has been a reliable store of value and medium of exchange for thousands of years. Its stability, scarcity and inherent value make it a trusted asset for preserving wealth. Dalio has emphasized that he is not opposed to cryptocurrencies in general but remains skeptical of their ability to replace gold. He has previously stated that he owns "some Bitcoin," but his personal investments in the digital asset have been limited compared to his holdings in gold. One of the main arguments against Bitcoin as a store of value is its volatility. Although the digital asset has seen a meteoric rise in value over the past decade, it has also experienced significant price fluctuations. In contrast, gold's price has remained relatively stable, providing investors with a more secure option for preserving their wealth. Story continues Another concern Dalio has raised is the possibility of government intervention in the cryptocurrency market. In a recent podcast , he warned that “in history, they’ve outlawed gold and they’ve outlawed silver and so on, and they could outlaw Bitcoin.” He isn’t the only one who expects world governments to try to shut down a currency they have no control over before it supplants their own. As governments around the world start to pay closer attention to digital assets, there is a growing risk of regulatory crackdowns that could impact Bitcoin's value and adoption. Gold, on the other hand, is less likely to face such intervention because it’s a physical asset, it already plays a large role in the global economy and would be extremely difficult to ban. It can also provide unique exposure to things like volatility and fear in the markets, making it a popular tool for diversification and hedging. Investors are turning to gold and silver in droves to protect their portfolios as uncertainty rises in the economy. Check out Benzinga’s Precious Metals Hub to master the sector and discover the best precious metals trading platforms. Check Out More Precious Metals Articles From Benzinga: Is Silver the Next Gamestop? How Retail Traders Challenged Wall Street Giants Again 3 Things You’ll Want if Sht Hits the Fan Will Bank Runs and Failures Cause a Run on Gold and Silver? How Precious Metals Can Protect Your Wealth 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 . This article Bitcoin vs. Gold: Here's What the Founder of the World's Largest Hedge Fund Would Choose originally appeared on Benzinga.com . © 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.... - Reddit Posts (Sample): [['u/Makeshiftsthename', 'Good Afternoone Regards', 10, '2023-05-27 00:07', 'https://www.reddit.com/r/wallstreetbets/comments/13spyd1/good_afternoone_regards/', "Good Afternoon Fellow Regards\n\nAs expected the news broke that the fed most likely is leaning towards another hike, Yellen stated the real debt deadline isn't the first, and option interest in terms of GEX and DEX are still bullish. What would we expect to see in the upcoming day? \n\nThe market began to rally on the narrative that rates would get paused. If you ever read or heard the speech that John Williams (Federal Reserve chairmen) gave in 2018 you would know that it was a bunch of bs thrown at retail in order for them to eat it up. I am obviously positioned bearishly and have been taking the blunt force of it all stupidly. But I still have faith and hope in that draw down.... there is no real reason for the rally, the only promising narrative is the AI narrative. It has some pros to it and even I use it for work. However, the narrative of how AI will transform the world is stupid if not malicious. They are preying on all of the innocent people believing that a glorified search engine will provide revolutionary work. All while ChatGPT couldn't even tell me what day it was, what it's opinion was, and how to make roaring kitty money from it all. \n\nMaybe, my bearish position is stupid and trust me.... has costed me tens of thousands, but I just don't see the bull market hype. Technicals have been shifting to the point of stupidly bullish but even then would I rather risk taking a long on a glorified search engine or just liquidate my positions and yield the 5% I can from a money market? \n\n\n\nBackground about me: I am one of the original Roaring Kitty viewers and helpers to form the thesis on (stock that cannot be mentioned). Don't believe me? Go rewatch the YouTube videos... I was a btc, eth, tsla, shop, (stock that cannot be mentioned), and many more names that ran up exponentially bull. I am now more of a losing regard since I've lost plenty of it because of a hypothesis I had with NFTs and also my recent big short, but I'm holding true to my thesis and trying to recover from a beating.", 'https://www.reddit.com/r/wallstreetbets/comments/13spyd1/good_afternoone_regards/', '13spyd1', [['u/alohaguy808', 14, '2023-05-27 00:37', 'https://www.reddit.com/r/wallstreetbets/comments/13spyd1/good_afternoone_regards/jlr7sg6/', 'Be patient. Soon this subreddit will be flooded by bulls posting massive losses and wanting advice for getting out of paying the IRS with money they no longer have. Happens every hype cycle.', '13spyd1']]], ['u/ARoyaleWithCheese', 'BitCone should organize a BRC-20 drop (Bitcoin Ordinals)', 16, '2023-05-27 00:36', 'https://www.reddit.com/r/ConeHeads/comments/13sqlvs/bitcone_should_organize_a_brc20_drop_bitcoin/', "Not much to say here, to be honest. Ordinals are all the hot new rage. We're literally called BitCone. Seems like a natural fit. \n\nObviously a lot easier said than done but uhhh, I think we can do it (and by we I mean the people here who are much more competent than I am)\n\nExplanation of what inscriptions/ordinals actually are:* \n> To put it super simply: imagine Bitcoins are dollar bills, like dollar bills, one dollar bill is effectively identical to every other - I don't care which one I get.\n\n> But, the dollars do have some differences. Some dollars were printed earlier than others and all of the dollar bills have serial numbers that show when they were printed. Bitcoin works in a similar way.\n\n> Bitcoin ordinals, or inscriptions, are comparable to writing text directly onto a dollar bill. You've now made that specific dollar bill different from the others and that inscription (the text) will travel together with the dollar bill wherever it goes. Same principle with Bitcoin and inscriptions. Of course, inscriptions aren't limited to just text. You can inscribe up to 4MB into each ordinal and that 4MB can be anything: text, art, an entirely new token or the code to a videogame.", 'https://www.reddit.com/r/ConeHeads/comments/13sqlvs/bitcone_should_organize_a_brc20_drop_bitcoin/', '13sqlvs', [['u/deedopete', 13, '2023-05-27 01:01', 'https://www.reddit.com/r/ConeHeads/comments/13sqlvs/bitcone_should_organize_a_brc20_drop_bitcoin/jlrax42/', 'Heard that Ordinals slow down BTC so I have mixed feelings', '13sqlvs']]], ['u/Niket___', 'Your prediction for next bullrun?', 17, '2023-05-27 00:56', 'https://www.reddit.com/r/LunaClassic/comments/13sr3ol/your_prediction_for_next_bullrun/', "Whenever the next bull run happens after BTC halving of 2024, and the market touches new ATH. What's your prediction for LUNC? At this estimate I'm guessing 150B LUNC would be burned by the time the bull run begins. \n\nWill LUNC get pushed with other coins as well? Will we touch the previous ATH and cross 0.0006 USDT?", 'https://www.reddit.com/r/LunaClassic/comments/13sr3ol/your_prediction_for_next_bullrun/', '13sr3ol', [['u/LeReilly', 13, '2023-05-27 01:00', 'https://www.reddit.com/r/LunaClassic/comments/13sr3ol/your_prediction_for_next_bullrun/jlraqq0/', "Burn doesn't matter, the bullrun doesn't matter, without utility there's no chain/prediction.\n\nYou should focus on upcoming projects and proposals (inside) instead of the macro situation (outsite)", '13sr3ol']]], ['u/marsangelo', 'Irony: We went from tracking Binance’s BUSD wallet to the US Government’s wallet', 72, '2023-05-27 01:01', 'https://www.reddit.com/r/CryptoCurrency/comments/13sr81d/irony_we_went_from_tracking_binances_busd_wallet/', 'Maybe alot of you arent familiar with this, but there was a theory that [Binance was propping up liquidity](https://www.coindesk.com/markets/2023/03/13/binance-will-convert-1b-worth-of-busd-stablecoin-to-bitcoin-ether-bnb-and-other-tokens/?outputType=amp) in the crypto market when volume was waning on almost all metrics. Crypto twitter and on-chain sleuths were tracking movements of the wallet to time their trades and market amidst the “debanking” of crypto when liquidity dried up. \n\nPeople were saying things like “its all a façade time is almost up”. “Binance account getting drained then we nuke”. “Theres nothing organic about this movement its all a sham”.\n\nPivot to whats known as the US Treasury General Account, TGA for short. This is basically the bank account the US Gov uses to pay national debt and pay treasury yields. The Treasury has been propping up this liquidity scam since interest rates started climbing. This account sat at around $1 trillion in 2022 and has been going down ever since yields started inverting. Yesterday it hit $50 billion, but today hit just $38 billion. When Yellen and crew say “early June we will default” they really mean it.\n\nInsert Pam from The Office theyre the same picture meme\n\nIm not exonerating CZ for playing with the market, but the parallels here are pretty spot on. Things that arent ponzis can be ponzi-like, so its best to be objective when assessing how different financial systems operate.', 'https://www.reddit.com/r/CryptoCurrency/comments/13sr81d/irony_we_went_from_tracking_binances_busd_wallet/', '13sr81d', [['u/Winter_Otter_', 14, '2023-05-27 01:06', 'https://www.reddit.com/r/CryptoCurrency/comments/13sr81d/irony_we_went_from_tracking_binances_busd_wallet/jlrbldr/', 'The more I hear about CZ, the more I find him shady. And he always manage to get away with drama. Not sure if he is legit, or an evil genius.', '13sr81d'], ['u/astockstonk', 11, '2023-05-27 01:10', 'https://www.reddit.com/r/CryptoCurrency/comments/13sr81d/irony_we_went_from_tracking_binances_busd_wallet/jlrc08u/', 'The US: we will just mint a few trillion dollar platinum coins and all will be well', '13sr81d'], ['u/deftaj', 10, '2023-05-27 01:15', 'https://www.reddit.com/r/CryptoCurrency/comments/13sr81d/irony_we_went_from_tracking_binances_busd_wallet/jlrcnqx/', 'Realistically CZ is responsible for the collapse of FTX and a couple others, mainly by dumping his holdings of their tokens. So he’s definitely playing the CEX game of thrones (and winning)', '13sr81d'], ['u/Savik519', 26, '2023-05-27 01:27', 'https://www.reddit.com/r/CryptoCurrency/comments/13sr81d/irony_we_went_from_tracking_binances_busd_wallet/jlre6pc/', 'US Dollar. The ultimate shitcoin.', '13sr81d'], ['u/pipedreamt7', 17, '2023-05-27 01:43', 'https://www.reddit.com/r/CryptoCurrency/comments/13sr81d/irony_we_went_from_tracking_binances_busd_wallet/jlrg8jw/', "If FTX hadn't built their castle on sand then CZ wouldn't have been able to wash them away.", '13sr81d'], ['u/Arcosim', 11, '2023-05-27 06:49', 'https://www.reddit.com/r/CryptoCurrency/comments/13sr81d/irony_we_went_from_tracking_binances_busd_wallet/jlse3st/', 'If the US Dollar were a crypto coin it would 100% be classified as a shitcoin: ultra centralized, a single entity can mint it endlessly and the supply doubled in a matter of three years, inflationary, can be falsified.', '13sr81d']]], ['u/krisrosl', 'I got a cheater banned, and then we spoke for 30 minutes.', 826, '2023-05-27 01:38', 'https://www.reddit.com/r/halo/comments/13ss377/i_got_a_cheater_banned_and_then_we_spoke_for_30/', 'Turns out he actually f’ed up pretty bad.\n\nSo I was playing halo infinite for an hour yesterday and played a cheater for 2 out of 4 games. I checked theatre mode, and it was the really obvious kind where he would instantly lock onto every player that entered his fov and perfect them.\n\nI clipped it, reported him and sent him a message to tell him what an loser he is. He responded with the classic «git good» and «oh, so salty», and we went back and forth for a bit. Then suddenly, about 10 minutes later, he sent me a message that he got banned and invited me to a party.\n\nI joined, and the chat was actually quite civilized. He tried to deny the cheating, but gave up quite fast. He then went on to explain that he’d only done it for a couple of games, just to try it out, even though he had 75% win ra... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 jumped over 60% year-to-date, paring losses from a brutal 2022.\n• Insider spoke to four crypto experts on what\'s next for bitcoin in 2023.\n• One blockchain exec said bitcoin can\'t hit a record high until US inflation is under control.\nAfter a tumultuous 2022, bitcoin has increased more than 60% year-to-date and the cryptocurrency market\'s total value sits well above the $1 trillion mark.\nThe industry has seemingly gotten back on its feet since the downfall of Sam Bankman-Fried\'s FTX in November, along with a slew of other industry bankruptcies including centralized lender Celsius, brokerage Voyager Digital, and hedge fund Three Arrows Capital earlier in the year.\nWhile it can be hard to predict bitcoin\'s moves, experts told Insider there are a few things to watch for this year to get a sense of where the world\'s largest cryptocurrency is headed.\nFirst, bitcoin can\'t claim another all-time until the macroeconomic environment clears up, Charmyn Ho, head of crypto insights at digital asset exchange Bybit, told Insider. The crypto traded at a record of $67,566 in November of 2021, perMessari.\n"However, a possible headwind is the potential recession forecast to hit the US, Europe, and other major economies due to a stubbornly inverted yield curve," Ho told Insider. "Couple this with a bunch of other unsavory macro factors — such as inflation — many investors would rather remain on the sidelines."\n"This is contributing to the mostly sideways price action we\'ve been experiencing," Ho added.\nA key technical event for Bitcoin\'s network, the halving, could push the token\'s price up significantly though. Although the halving is estimated to occur in April of 2024, Ho says bitcoin may go on a tear leading up to the event.\n"Bitcoin halvings are significant because they slash the production of new bitcoins on the network by half," Ho said. "This curtails the supply of freshly minted coins, thus leading to a price increase if the demand persists."\n"Litecoin, which is due for its halving this year, is up around 90% since its lows in Q3, 2022," Ho said. "Therefore, if we take that as a guide, it is possible that we could see a similar 90% move from Bitcoin\'s Q3, 2023 price, which would give a rough target of about $60,000."\nJagdeep Sidhu, president of Syscoin Foundation, expressed similar optimism around the halving.\n"While we\'ve weathered some storms recently, the resilience of the crypto ecosystem remains evident. From the ashes of FTX, the market has rebounded, demonstrating its inherent capacity to absorb shocks and evolve," Sidhu told Insider.\n"As we approach the next Bitcoin halving and crypto dominance looks set to peak, we\'re on the cusp of exciting developments in the crypto world."\nIf inflation cools in the US and there\'s regulatory clarity around digital assets, another crypto exec told Insider that bitcoin could hit $38,000 by year-end, a 41% increase from its current trading level.\n"My base case is bitcoin will trade in a range to a range between $25,000 and $32,000 for the remainder of 2023," Tim Shan, COO at decentralized crypto exchange Dexalot, said. "But if we see inflation remain high, I think bitcoin could trade back down to lows of the year."\n"The short to medium term driver is still inflation, and specifically US inflation. I think core inflation has been pretty sticky but will continue to decline in the US, leading the Fed to pause for the rest of the year," Shan added.\nDavid Uhryniak, who works on ecosystem development at blockchain infrastructure provider TRON, is confident that bitcoin will finish the year "significantly higher" and could close out 2023 at over $35,000.\n"Right now, smart traders are waiting for greater validation as to which way bitcoin and the rest of the market will move next before committing serious money," Uhryniak told Insider. "By Q4, much of the uncertainty that\'s clouded the market all year should have abated. Things like concerns over the Mt. Gox coins being liquidated or the US government selling its stockpile of BTC confiscated from black markets."\nRead the original article onBusiness Insider', '• Bitcoin has jumped over 60% year-to-date, paring losses from a brutal 2022.\n• Insider spoke to four crypto experts on what\'s next for bitcoin in 2023.\n• One blockchain exec said bitcoin can\'t hit a record high until US inflation is under control.\nAfter a tumultuous 2022, bitcoin has increased more than 60% year-to-date and the cryptocurrency market\'s total value sits well above the $1 trillion mark.\nThe industry has seemingly gotten back on its feet since the downfall of Sam Bankman-Fried\'s FTX in November, along with a slew of other industry bankruptcies including centralized lender Celsius, brokerage Voyager Digital, and hedge fund Three Arrows Capital earlier in the year.\nWhile it can be hard to predict bitcoin\'s moves, experts told Insider there are a few things to watch for this year to get a sense of where the world\'s largest cryptocurrency is headed.\nFirst, bitcoin can\'t claim another all-time until the macroeconomic environment clears up, Charmyn Ho, head of crypto insights at digital asset exchange Bybit, told Insider. The crypto traded at a record of $67,566 in November of 2021, perMessari.\n"However, a possible headwind is the potential recession forecast to hit the US, Europe, and other major economies due to a stubbornly inverted yield curve," Ho told Insider. "Couple this with a bunch of other unsavory macro factors — such as inflation — many investors would rather remain on the sidelines."\n"This is contributing to the mostly sideways price action we\'ve been experiencing," Ho added.\nA key technical event for Bitcoin\'s network, the halving, could push the token\'s price up significantly though. Although the halving is estimated to occur in April of 2024, Ho says bitcoin may go on a tear leading up to the event.\n"Bitcoin halvings are significant because they slash the production of new bitcoins on the network by half," Ho said. "This curtails the supply of freshly minted coins, thus leading to a price increase if the demand persists."\n"Litecoin, which is due for its halving this year, is up around 90% since its lows in Q3, 2022," Ho said. "Therefore, if we take that as a guide, it is possible that we could see a similar 90% move from Bitcoin\'s Q3, 2023 price, which would give a rough target of about $60,000."\nJagdeep Sidhu, president of Syscoin Foundation, expressed similar optimism around the halving.\n"While we\'ve weathered some storms recently, the resilience of the crypto ecosystem remains evident. From the ashes of FTX, the market has rebounded, demonstrating its inherent capacity to absorb shocks and evolve," Sidhu told Insider.\n"As we approach the next Bitcoin halving and crypto dominance looks set to peak, we\'re on the cusp of exciting developments in the crypto world."\nIf inflation cools in the US and there\'s regulatory clarity around digital assets, another crypto exec told Insider that bitcoin could hit $38,000 by year-end, a 41% increase from its current trading level.\n"My base case is bitcoin will trade in a range to a range between $25,000 and $32,000 for the remainder of 2023," Tim Shan, COO at decentralized crypto exchange Dexalot, said. "But if we see inflation remain high, I think bitcoin could trade back down to lows of the year."\n"The short to medium term driver is still inflation, and specifically US inflation. I think core inflation has been pretty sticky but will continue to decline in the US, leading the Fed to pause for the rest of the year," Shan added.\nDavid Uhryniak, who works on ecosystem development at blockchain infrastructure provider TRON, is confident that bitcoin will finish the year "significantly higher" and could close out 2023 at over $35,000.\n"Right now, smart traders are waiting for greater validation as to which way bitcoin and the rest of the market will move next before committing serious money," Uhryniak told Insider. "By Q4, much of the uncertainty that\'s clouded the market all year should have abated. Things like concerns over the Mt. Gox coins being liquidated or the US government selling its stockpile of BTC confiscated from black markets."\nRead the original article onBusiness Insider', 'One exec told Insider that bitcoin can\'t hit a record high until US inflation is under control. Yuichiro Chino/Getty Images Bitcoin has jumped over 60% year-to-date, paring losses from a brutal 2022. Insider spoke to four crypto experts on what\'s next for bitcoin in 2023. One blockchain exec said bitcoin can\'t hit a record high until US inflation is under control. After a tumultuous 2022, bitcoin has increased more than 60% year-to-date and the cryptocurrency market\'s total value sits well above the $1 trillion mark. The industry has seemingly gotten back on its feet since the downfall of Sam Bankman-Fried\'s FTX in November, along with a slew of other industry bankruptcies including centralized lender Celsius, brokerage Voyager Digital, and hedge fund Three Arrows Capital earlier in the year. While it can be hard to predict bitcoin\'s moves, experts told Insider there are a few things to watch for this year to get a sense of where the world\'s largest cryptocurrency is headed. First, bitcoin can\'t claim another all-time until the macroeconomic environment clears up, Charmyn Ho, head of crypto insights at digital asset exchange Bybit, told Insider. The crypto traded at a record of $67,566 in November of 2021, per Messari. "However, a possible headwind is the potential recession forecast to hit the US, Europe, and other major economies due to a stubbornly inverted yield curve," Ho told Insider. "Couple this with a bunch of other unsavory macro factors — such as inflation — many investors would rather remain on the sidelines." "This is contributing to the mostly sideways price action we\'ve been experiencing," Ho added. A key technical event for Bitco Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-28 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $526,943,966,162 - Hash Rate: 394100656.8121559 - Transaction Count: 496158.0 - Unique Addresses: 647993.0 Social & AI Sentiment: - Fear & Greed Index: 0.50 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin prices slid on Friday morning in Asia to below US$27,000 amid concerns about shrinking liquidity and congestion on the network that are driving up transaction costs. Ether fell below support at US$1,800 as all top 10 non-stablecoin cryptocurrencies retreated. Polygon’s Matic led the losers. U.S. equity futures edged up as economic data on Thursday indicated inflation is slowing, raising optimism the Federal Reserve may halt its interest rate hikes in June. See related article:Bitcoin network buckles under weight of BRC-20’s runaway success Bitcoin slid 2.13% to US$26,974 in the 24 hours to 08:30 a.m. in Hong Kong, according toCoinMarketCap data, losing 6.63% for the week. The world’s largest cryptocurrency fell to US$26,781 at one stage on Thursday, the lowest price since March 28. Congestion on the Bitcoin blockchain is fueling the slide, with a backlog of waiting transactions reaching almost 300,000 on Friday morning, over six times higher than the number on May 9. That was when theBRC-20 token standardwas introduced to allow the minting of fungible tokens on the Bitcoin network and generated a surge in activity, according to data from blockchain researcherJochen Hoenicke. The jump in transaction volumes has raised concerns among Bitcoin developers. Luke Dashjr, a Bitcoin code contributor,emailedthe Bitcoin developer community on Monday to suggest blocking the transactions of BRC-20 tokens, which “threaten the smooth and normal use of the Bitcoin network as a peer-to-peer digital currency.” Bitcoin’s drop also comes amid rising concerns about liquidity. Jane Street Group and Jump Crypto, two of the world’s leading market makers, are reportedly quitting digital asset trading in the U.S., according to aBloombergreport on Wednesday. Ether fell 2.34% to US$1,795, posting a weekly loss of 4.45%. The token dropped to US$1,774 on early Friday, the lowest price since April 3. The Beacon Chain of the Ethereum Network brieflystopped validating transactionson early Friday morning, with Ethereum developerstweetinglater that the outage had been resolved and the cause still under investigation. All other top 10 non-stablecoin cryptocurrencies traded lower. Polygon’s Matic token led the losers, dropping 3.75% to US$0.8406 and retreating 14.45% for the week. The token logged a low of US$0.8332 earlier today, the lowest price since January 8, 2023. The total crypto market capitalization fell 2.11% in the past 24 hours to US$1.12 trillion. The total trading volume dropped 17.87% to US$37.67 billion. The indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella. In the non-fungible token (NFT) market, the Forkast 500 NFT index dropped 1.42% to 3,394.50 in the 24 hours to 10:30 a.m. in Hong Kong, down 7.14% for the week. NFT sales on the Ethereum blockchain fell 47.62% in the past 24 hours to US$17.65 million, as the hype for Millady Maker NFT collection faded. Sales of Millady Maker dropped 86.53% to US$1.01 million, according to data fromCryptoSlam. NFT trading is slowing due to the recent memecoin hype, with very few new users entering the space, according to Eric Dettman, NFT advisor at CryptoSlam. NFT buyers on the Ethereum blockchain totaled 45,298 in the past seven days, a drop of 72.97%. Memecoins are also losing steam. The price of Ordi, the memecoin that accounts for more than 60% of the total market cap of BRC-20 tokens, has slid 31.43% in the past 24 hours, according to blockchain data trackerBRC-20.io. U.S. stock futures rose as of 11:00 a.m. in Hong Kong. The Dow Jones Industrial Average futures edged up 0.07%. The S&P 500 futures gained 0.14%. And the Nasdaq Composite futures added 0.25%. The three U.S. indexes closed mixed in regular trading on Thursday on investor concerns about banking risks. The U.S.producer price index(PPI) in April logged an annual increase of 2.3%, lower than predictions of 2.4% and the slowest pace since January 2021, according toReuterson Thursday. U.S.initial jobless claimsrose to 264,000 in the week ending May 6, beating expectations and reaching the highest level since October 2021, according to a ThursdayBloombergreport. Together with the PPI, the data points to a slowdown in the U.S. economy, which may prompt the Federal Reserve to leave interest rates unchanged in June. On U.S. banks, PacWest Bancorp shares fell more than 20% on Thursday, after the California-based lendersaidits deposits declined approximately 9.5% in the week ending May 5, sparking new concerns about the banking industry after a series of failures at lenders this year. President Joe Biden and top lawmakers postponed Friday talks on raising the U.S. debt ceiling to early next week, according toCNNon Thursday, with the negotiations making little progress so far. The Federal Reserve will decide on June 14 its next move on interest rates, which are now between 5 and 5.25%, the highest since 2006. TheCME FedWatch Toolpredicts a 87.1% chance the Fed will keep rates unchanged in June, and a 12.9% chance for another 25 basis-point rate hike, up from 3.9% on Thursday. (Updates with equity section.) See related article:Japan looks to regain its place in the cryptocurrency world pecking order... - 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:\nPrices:Crypto and Asian stock markets opened strongly as the White House announced a deal averting a debt ceiling crisis, with Bitcoin and Ether seeing increases of 5% and 4.9%, respectively.\nInsights:China didn\'t say much new about Web3 in a paper it released over the weekend, but the report represented progress in a country that has scaled back its approach to cryptocurrencies.\nCoinDesk Market Index (CMI)\n1,209\n+44.9▲3.9%\nBitcoin (BTC)\n$28,249\n+1404.6▲5.2%\nEthereum (ETH)\n$1,917\n+89.4▲4.9%\nS&P 500\n4,205.45\n+54.2▲1.3%\nGold\n$1,960\n+16.0▲0.8%\nNikkei 225\n30,916.31\n+115.2▲0.4%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,209", "+44.9\\u25b23.9%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$28,249", "+1404.6\\u25b25.2%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,917", "+89.4\\u25b24.9%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,205.45", "+54.2\\u25b21.3%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,960", "+16.0\\u25b20.8%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["30,916.31", "+115.2\\u25b20.4%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nCrypto is beginning the Asia trading day well into the green after theWhite House announcedthat a deal to avert a debt ceiling crisis has been reached.\nBitcoin is starting the Asia trading day up 5% to $28,249, while ether is up 4.9% to $1,917. Overall, the CoinDesk Market Index (CMI) is up 4% to 1,209.\nBitcoin is still down 2.8% during the past month, as the looming debt ceiling crisisweighed heavilyon the asset class.\n"Bitcoin found support around $25K and consolidated for about two weeks before rallying today," Joe DiPasquale, CEO of crypto fund manager BitBull Capital wrote in an email. "Whether this move continues till $30K remains to be seen, but we expect the market leader to test that key resistance once again in the near term."\nDiPasquale added: On the flip side, the range between $22K and $25K is acting as a reliable support for bulls."\nHouse Speaker Kevin McCarthy told reporters over the weekend that there\'s still work to be done on the bill, anticipating its completion by Sunday, and a vote by Wednesday.\nMeanwhile, President Biden said the deal is "an important step forward" in a statement, calling it a compromise.\nStock markets in Asia are also opening strong on the news. In Japan, the Nikkei 225 was up 2% in the first 30 minutes of trading, while Australia’s ASX 200 was up 1.18%.\n[{"Asset": "Bitcoin", "Ticker": "BTC", "Returns": "+5.5%", "DACS Sector": "Currency"}, {"Asset": "Cardano", "Ticker": "ADA", "Returns": "+4.9%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Ethereum", "Ticker": "ETH", "Returns": "+4.9%", "DACS Sector": "Smart Contract Platform"}]\nThere are no losers in CoinDesk 20 today.\nChina’s Web3 Isn’t Our Web3\nOver the weekend, authorities at the Beijing Municipal Science & Technology Commission, which oversees the Zhongguancun Chaoyang Park – a cluster of China’s top tech companies and academic institutions – released a whitepaper outliningsuggestions for China’s web3 policy.\nOn Crypto Twitter, this excited the usual crowd, egged on by a tweet from Binance CEO Changpeng Zhao, who said the timing was “interesting” considering Hong Kong’s soon-to-be-enabled crypto regulatory framework on June 1.\nBut the reality is this whitepaper is more of China’s existing policy of blockchain-not-crypto.\nWeb3, in China, means an internet enhanced by artificial intelligence, blockchain, faster computing chips and more resilient networks.\nThe whitepaper is more interested in defining – and enhancing – the layers of infrastructure behind the internet, which it identifies as the infrastructure layer, interactive terminal layer, platform tool layer and application layer, in a way that’s reminiscent of theOpen Systems Interconnection (OSI) model of network layers, which has been the bible of network topology since the 1980s.\nAnd by no means is this a bad thing. It might be time that our understanding of a network layer is updated to account for new technologies, and China is keen to write thenext generation of technology standardsto wrestle that away from a U.S.-led Western technology trade bloc.\nBut this doesn’t have anything to do with crypto.\nBulls of the China narrative say that mainland China is only a few steps behind Hong Kong in opening its doors to crypto trading, just like how it looked to the semi-autonomous territory for lessons in stock markets before opening its own. This might be the case now, but a lot has to be figured out before then, such as how to allow crypto trading to exist without running into conflict with mainland China’s rules on capital control.\nThat’s the subject for another day, though. Meanwhile, China isn’t embracing crypto – yet.\nU.S. Memorial Day holiday\n5 p.m. HKT/SGT(9 a.m. UTC):Italy non-E.U. trade balance (April)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nDigital Currency Group Shutters TradeBlock; State of Crypto Hacks in 2023\nDigital Currency Group (DCG), the parent company of CoinDesk, closed its trade execution and prime brokerage services unit, TradeBlock, citing crypto winter and regulatory uncertainties. Gerber Kawasaki director of Get Invested Brett Sifling shared his crypto markets analysis. Plus, Columbia Business School adjunct professor Austin Campbell discussed the state of stablecoin regulation in the U.S. And TRM Labs head of legal and government affairs Ari Redbord explained why crypto hacks are down significantly in the first three months of 2023.\nStriving for the Impossible: Reasonable Crypto Debate:Debates in crypto are increasingly polarized and politicized, as a recent CoinDesk story about a controversial mining plant in New York shows.\nBinance, Other Crypto Players Shun Multichain as Bridging Rumors Swirl:With facts hard to come by, a coterie of crypto players are taking action.\nStablecoin Issuer Lybra Finance Nears $100M in TVL:Lybra Finance was launched last month and uses liquid staking derivatives to offer a decentralized interesting-bearing stablecoin.\nGulf Binance Clinches Thai Regulatory Approval:The joint venture between Gulf Innova and Binance aims to begin offering crypto services in the country later this year.\nStablecoins Are the \'Glue\' Between the Real Economy and Blockchain: Binance Japan General Manager:Binance Japan may be still "a long way off" its business and activities being properly understood and in gaining regulatory acceptance, said the exchange\'s Takeshi Chino.\nUPDATE (May 29, 2023, 1:10 UTC):Adds Joe DiPasquale comment.', 'Good morning. Here’s what’s happening:\nPrices:Crypto and Asian stock markets opened strongly as the White House announced a deal averting a debt ceiling crisis, with Bitcoin and Ether seeing increases of 5% and 4.9%, respectively.\nInsights:China didn\'t say much new about Web3 in a paper it released over the weekend, but the report represented progress in a country that has scaled back its approach to cryptocurrencies.\nCoinDesk Market Index (CMI)\n1,209\n+44.9▲3.9%\nBitcoin (BTC)\n$28,249\n+1404.6▲5.2%\nEthereum (ETH)\n$1,917\n+89.4▲4.9%\nS&P 500\n4,205.45\n+54.2▲1.3%\nGold\n$1,960\n+16.0▲0.8%\nNikkei 225\n30,916.31\n+115.2▲0.4%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,209", "+44.9\\u25b23.9%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$28,249", "+1404.6\\u25b25.2%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,917", "+89.4\\u25b24.9%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,205.45", "+54.2\\u25b21.3%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,960", "+16.0\\u25b20.8%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["30,916.31", "+115.2\\u25b20.4%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nCrypto is beginning the Asia trading day well into the green after theWhite House announcedthat a deal to avert a debt ceiling crisis has been reached.\nBitcoin is starting the Asia trading day up 5% to $28,249, while ether is up 4.9% to $1,917. Overall, the CoinDesk Market Index (CMI) is up 4% to 1,209.\nBitcoin is still down 2.8% during the past month, as the looming debt ceiling crisisweighed heavilyon the asset class.\n"Bitcoin found support around $25K and consolidated for about two weeks before rallying today," Joe DiPasquale, CEO of crypto fund manager BitBull Capital wrote in an email. "Whether this move continues till $30K remains to be seen, but we expect the market leader to test that key resistance once again in the near term."\nDiPasquale added: On the flip side, the range between $22K and $25K is acting as a reliable support for bulls."\nHouse Speaker Kevin McCarthy told reporters over the weekend that there\'s still work to be done on the bill, anticipating its completion by Sunday, and a vote by Wednesday.\nMeanwhile, President Biden said the deal is "an important step forward" in a statement, calling it a compromise.\nStock markets in Asia are also opening strong on the news. In Japan, the Nikkei 225 was up 2% in the first 30 minutes of trading, while Australia’s ASX 200 was up 1.18%.\n[{"Asset": "Bitcoin", "Ticker": "BTC", "Returns": "+5.5%", "DACS Sector": "Currency"}, {"Asset": "Cardano", "Ticker": "ADA", "Returns": "+4.9%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Ethereum", "Ticker": "ETH", "Returns": "+4.9%", "DACS Sector": "Smart Contract Platform"}]\nThere are no losers in CoinDesk 20 today.\nChina’s Web3 Isn’t Our Web3\nOver the weekend, authorities at the Beijing Municipal Science & Technology Commission, which oversees the Zhongguancun Chaoyang Park – a cluster of China’s top tech companies and academic institutions – released a whitepaper outliningsuggestions for China’s web3 policy.\nOn Crypto Twitter, this excited the usual crowd, Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-29 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $536,174,995,950 - Hash Rate: 399026915.0223079 - Transaction Count: 550324.0 - Unique Addresses: 664954.0 Social & AI Sentiment: - Fear & Greed Index: 0.52 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin and Ether fell during afternoon trading hours in Asia on Thursday, along with all other top 10 non-stablecoin cryptocurrencies by market capitalization. Asian and U.S. equities fell as investors remained cautious ahead of the U.S. employment report scheduled for Friday. See related article:Bitcoin briefly loses its grip on US$28,000 • Etherfell 1.51% to US$1,882 but maintained a weekly gain of 4.58%. The cryptocurrency is trading near a nine-month high ahead ofEthereum’s Shanghai hard forkscheduled for next Wednesday. The upgrade will allow investors to withdraw their staked ETH for the first time. Nearly18 million ETHworth around US$33.5 billion has been staked in the network since the blockchain adopted the proof-of-stake consensus mechanism. • Bitcoin fell 2.08% to US$27,974 in the 24 hours to 4:30 p.m. in Hong Kong. The world’s first cryptocurrency fell 2.22% on the weekly chart after trading above the US$28,000 mark for most of the week. • Dogecoinfell 5.91% to US$0.09 to become the day’s biggest loser but still maintained a 22.18% seven-day gain in a week when Twitter changed its logo to a Shiba Inu dog, the memecoin’s mascot. TheXRP tokenfell 3.83% to US$0.49, as the day’s second-biggest loser. • The global cryptocurrency market capitalization decreased by 1.97% to US$1.18 trillion in the 24 hours to 4:30 p.m. in Hong Kong, with total crypto market trading volume down by 8.91% to US$40.82 billion. • The Forkast 500 NFTindex slid 0.70% to 4,002.64 points on the day and lost 0.04% on the week. The index is a proxy measure of the performance of the global NFT market and includes 500 eligible smart contracts on any given day. • Most Asian equities were down on Thursday, with Shanghai Composite sliding 0.010% and the Shenzhen Component Index inching down 0.044%. Japan’s Nikkei 225 fell 1.10%, while Hong Kong’s Hang Seng Index rose 0.012%. Hong Kong’s financial markets will be closed from Friday to next Monday for the Easter holidays. • Investors await the release of the U.S. Employment Situation report on Friday, which includes the monthly change in non-farm payrolls. Strong growth in non-farm payroll data may indicate heating inflation, which investors will analyze to gauge the Federal Reserve’s next monetary decision. The U.S. stock market will be closed on Good Friday. • European bourses picked up on Thursday, as the pan-European STOXX 600 rose 0.39% and Germany’s DAX 40 gained 0.44%. • Gold fell 0.15% to US$2,017 per ounce to stabilize near a one-year high, following a three-day winning streak. The precious metal rose around 2.5% this week to close up on its all-time high of US$2,075 set in August 2022. • Investors digested new economic data from the U.S., including ADP Research Institute’s National Employment Report and the Job Openings and Labor Turnover Survey, showing that tighter financial conditions are slowing down the economy as investors hope for the Fed to pause rate hikes next month. See related article:Ripple exec says innovation is leaving the US.... - 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:\nPrices:The post-debt ceiling rally in the crypto market has ended, with bitcoin and ether declining in East Asia. What\'s the next narrative for crypto?\nInsights:The latest Commitment of Traders reports shows a rebound in open long positions among asset managers.\nCoinDesk Market Index (CMI)\n1,197\n−11.5▼1.0%\nBitcoin (BTC)\n$27,746\n−354.3▼1.3%\nEthereum (ETH)\n$1,893\n−21.0▼1.1%\nS&P 500\n4,205.45\n+54.2▲1.3%\nGold\n$1,960\n+15.9▲0.8%\nNikkei 225\n31,233.54\n+317.2▲1.0%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,197", "\\u221211.5\\u25bc1.0%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$27,746", "\\u2212354.3\\u25bc1.3%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,893", "\\u221221.0\\u25bc1.1%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,205.45", "+54.2\\u25b21.3%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,960", "+15.9\\u25b20.8%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["31,233.54", "+317.2\\u25b21.0%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nLooking for the Next Pricing Narrative\nBy Sam Reynolds\nGood morning Asia,\nYesterday’s post-debt ceiling deal rally has come to an end.\nBitcoin is beginning East Asia’s trading day down 1.3% at $27,746 while ether is down 1.1% to $1,893.\nIn the last few weeks, crypto has struggled with anarrative problem. The absence of a defining narrative – is it a risk asset, or a hedge against risk? – has made for patternless price swings and confused investors.\nSome might say, for instance, that bitcoin should have risen on debt ceiling uncertainty, as a U.S. default would have jolted the traditional financial system. But instead, bitcoin acted like a stock. Perhapscrypto’s narrativeis no narrative at all.\nEd Moya, a Senior Market Analyst with foreign exchange market maker OANDA, posits that the upcoming U.S. election is the narrative to watch.\n“We were reminded that the key to Bitcoin’s success in the US might depend on the upcoming presidential election," Moya wrote in a note Friday. "Florida governor Ron Desantis announced his intentions to run for president and appears poised to ‘protect’ Bitcoin.”\nWith Central Bank Digital Currencies being a newwedge issuein Florida’s political landscape, the national stage is the next logical step. Crypto has come up in elections worldwide, such asSouth KoreaandThailand, and President Joe Bidenmentioned itwhen discussing debt deal negotiations.\nMaybe this will be the narrative to watch?\n[{"Asset": "XRP", "Ticker": "XRP", "Returns": "+2.3%", "DACS Sector": "Currency"}, {"Asset": "Stellar", "Ticker": "XLM", "Returns": "+0.6%", "DACS Sector": "Smart Contract Platform"}]\n[{"Asset": "Gala", "Ticker": "GALA", "Returns": "\\u22124.0%", "DACS Sector": "Entertainment"}, {"Asset": "Polygon", "Ticker": "MATIC", "Returns": "\\u22123.5%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Avalanche", "Ticker": "AVAX", "Returns": "\\u22123.1%", "DACS Sector": "Smart Contract Platform"}]\nFunding Rates Remain Positive in Crypto Markets\nBy Glenn Williams Jr.\nThe Commitment of Traders report shows that asset managers have increased their open long positions in bitcoin after falling in the two prior weeks. The 24-contract increase follows a reduction of 162 contracts the week prior.\nThe increase halts what appeared to be more of an overall reduction in exposure than a commentary on price itself. Asset managers reduced their short positions as well over the identical time period by a total of 194 contracts.\nThe Commodity Futures Trading Commission (CFTC) releases COT data weekly, detailing the open interest and activity of asset managers, leveraged funds, and dealer intermediaries in bitcoin futures.\nAsset Managers now comprise 48.9% of open long positions on the Chicago Mercantile Exchange, and are 97.25% long the asset as a group.\n5 p.m. HKT/SGT(9 a.m. UTC):European Commission business climate (May)\n5 p.m. HKT/SGT(9 a.m. UTC):European Commission consumer confidence (May)\n10 p.m. HKT/SGT(2 p.m. UTC):U.S. consumer confidence (May)\nIn case you missed it, here is the most recent episode of"The Hash"onCoinDesk TV:\nLawyer Behind FTX Lawsuit Addresses Shaq Getting Served; Ether Balance on Exchanges Nears All-Time Low\n"The Hash" hosts weighed in on the biggest stories shaping the crypto industry today. The number of ether (ETH) on exchanges hit a low not seen since July 2016 as staking saps up available ether. Separately, the potential sign that good-economic-news-equals-bad-news for digital asset prices narrative is beginning to shift. Plus, the lawyer representing some FTX investors, Adam Moskowitz, joined "The Hash" to discuss basketball legend Shaquille O\'Neal being served in a class action lawsuit regarding FTX and its celebrity endorsements.\nDogecoin Chart Pattern Suggests Volatility Explosion Ahead:A technical analysis indicator called Bollinger bandwidth suggests dogecoin\'s unusual calm could soon end with a pronounced move in either direction.\nGemini and Bankrupt Lender Genesis Ask U.S. Court to Dismiss SEC Lawsuit Targeting Earn Program:The U.S. Securities and Exchange Commission alleged the two entities had sold unregistered securities through Gemini\'s Earn program.\nBitcoin\'s Short-Term Holders Are Again Selling at Profit:Short-term holders\' renewed profitability is a positive signal for near-term price action, according to on observer.\nFantom Will Pay Back 15% of Token Fees to Some Projects:The move is part of an initiative to drive demand for block space, which help add to the value proposition of FTM tokens.\nShiba Inu-Themed Floki Sees Trading Volume Surge Amid China Plans:Floki prices rallied on Sunday amid a bitcoin-led market push and bets on the token\'s “China narrative.”', 'Good morning. Here’s what’s happening: Prices: The post-debt ceiling rally in the crypto market has ended, with bitcoin and ether declining in East Asia. What\'s the next narrative for crypto? Insights: The latest Commitment of Traders reports shows a rebound in open long positions among asset managers. Prices CoinDesk Market Index (CMI) 1,197 −11.5 ▼ 1.0% Bitcoin (BTC) $27,746 −354.3 ▼ 1.3% Ethereum (ETH) $1,893 −21.0 ▼ 1.1% S&P 500 4,205.45 +54.2 ▲ 1.3% Gold $1,960 +15.9 ▲ 0.8% Nikkei 225 31,233.54 +317.2 ▲ 1.0% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,197 −11.5 ▼ 1.0% Bitcoin (BTC) $27,746 −354.3 ▼ 1.3% Ethereum (ETH) $1,893 −21.0 ▼ 1.1% S&P 500 4,205.45 +54.2 ▲ 1.3% Gold $1,960 +15.9 ▲ 0.8% Nikkei 225 31,233.54 +317.2 ▲ 1.0% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Looking for the Next Pricing Narrative By Sam Reynolds Good morning Asia, Yesterday’s post-debt ceiling deal rally has come to an end. Bitcoin is beginning East Asia’s trading day down 1.3% at $27,746 while ether is down 1.1% to $1,893. In the last few weeks, crypto has struggled with a narrative problem . The absence of a defining narrative – is it a risk asset, or a hedge against risk? – has made for patternless price swings and confused investors. Some might say, for instance, that bitcoin should have risen on debt ceiling uncertainty, as a U.S. default would have jolted the traditional financial system. But instead, bitcoin acted like a stock. Perhaps crypto’s narrative is no narrative at all. Ed Moya, a Senior Market Analyst with foreign exchange market maker OANDA, posits that the upcoming U.S. election is the narrative to watch. “We were reminded that the key to Bitcoin’s success in the US might depend on the upcoming presidential election," Moya wrote in a note Friday. "Florida governor Ron Desantis announced his intentions to run for president and appears poised to ‘protect’ Bitcoin.” Story continues With Central Bank Digital Currencies being a new wedge issue in Florida’s political landscape, the national stage is the next logical step. Crypto has come up in elections worldwide, such as South Korea and Thailand , and President Joe Biden mentioned it when discussing debt deal negotiations. Maybe this will be the narrative to watch? Biggest Gainers Asset Ticker Returns DACS Sector XRP XRP +2.3% Currency Stellar XLM +0.6% Smart Contract Platform Biggest Losers Asset Ticker Returns DACS Sector Gala GALA −4.0% Entertainment Polygon MATIC −3.5% Smart Contract Platform Avalanche AVAX −3.1% Smart Contract Platform Insights Funding Rates Remain Positive in Crypto Markets By Glenn Williams Jr. The Commitment of Traders report shows that asset managers have increased their open long positions in bitcoin after falling in the two prior weeks. The 24-contract increase follows a reduction of 162 contracts the week prior. Long and short positions among asset managers (based on Commitment of Traders report) The increase halts what appeared to be more of an overall reduction in exposure than a commentary on price itself. Asset managers reduced their short positions as well over the identical time period by a total of 194 contracts. The Commodity Futures Trading Commission (CFTC) releases COT data weekly, detailing the open interest and activity of asset managers, leveraged funds, and dealer intermediaries in bitcoin futures. Asset Managers now comprise 48.9% of open long positions on the Chicago Mercantile Exchange, and are 97.25% long the asset as a group. Important events. 5 p.m. HKT/SGT(9 a.m. UTC): European Commission business climate (May) 5 p.m. HKT/SGT(9 a.m. UTC): European Commission consumer confidence (May) 10 p.m. HKT/SGT(2 p.m. UTC): U.S. consumer confidence (May) CoinDesk TV In case you missed it, here is the most recent episode of "The Hash" on CoinDesk TV : Lawyer Behind FTX Lawsuit Addresses Shaq Getting Served; Ether Balance on Exchanges Nears All-Time Low "The Hash" hosts weighed in on the biggest stories shaping the crypto industry today. The number of ether (ETH) on exchanges hit a low not seen since Ju Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-30 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $541,120,824,375 - Hash Rate: 379321882.1817001 - Transaction Count: 515246.0 - Unique Addresses: 713954.0 Social & AI Sentiment: - Fear & Greed Index: 0.51 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Editor's note: This story and its headline were updated after publication to clarify that Arkham's Mt. Gox alert was triggered correctly. Bitcoin erased the gains made earlier today, plunging as much as 7% in an hour to below $28,000, perCoinGeckodata. At time of publication, theprice of Bitcoinstood at just under $27,750, down 4.6% on the day and 8.4% over the past week. The wider crypto market crashed alongside Bitcoin, with the top 10 coins by market cap all down over the past hour and 24 hours, barring stablecoins. Ethereum dropped in tandem with Bitcoin to just under $1,830. The news came on the heels of reports from blockchain analytics firm Arkham that wallets linked to defunct crypto exchange Mt. Gox and the U.S. government had moved significant amounts of Bitcoin. Arkham CEO Miguel Morel toldDecryptthat the wallet movements weren't connected, meaning that the U.S. wasn't necessarily the one moving or selling assets related to Mt. Gox. Roughly an hour later, Arkham posted on Twitter that the alert wassent out in error, and only to a "small subset of users," which included Crypto Twitter account@tier10k, also known as DB. The company said a bug fix "related to Bitcoin alerts" on its systems caused the error but did not provide further details. Representatives for the company did not immediately respond toDecrypt's requests for comment. Finally, late Wednesday, the company revised its findings again. "We have conducted an investigation of the DB Alert situation, and determined that the Arkham alerts were sent accurately in this case," Arkham wrote. "DB set two alerts on all Bitcoin transactions above $10k USD, with no counterparties set, then named the alerts 'Mt Gox' and 'US Gov.'" https://twitter.com/i/web/status/1651366459547713537 The bug fix triggered previously configured alerts, and "no one received inaccurate alert." The company went on to note that its alerts and the attention on Twitter had nothing to do with the sudden dip in the price of Bitcoin. "Neither the alert nor the tweet could have caused the sharp BTC price drop today, as the drop occurred between 19:17 and 20:01 UTC, and the alerts and tweet were sent afterwards at 20:07 UTC and 20:08 UTC respectively."... - 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: ['PHILADELPHIA, PA / ACCESSWIRE / May 30, 2023 /High-powered industries often require long hours and intensive work, but entrepreneurial pursuits can be equally demanding on our daily schedules. For those venturing into or navigating start-up and entrepreneurial environments, a focus on wellness is essential for success, and can even provide an operational advantage. As a wellness advocate, Bitcoin thought leader, entrepreneur, and former professional football player,Jonathan Martinhas advice for maintaining balance in business and prioritizing wellness along the way.\nCreate a Morning Routine\nStarting the day with intention sets the tone for the rest of the day. Martin recommends creating a morning routine that includes meditation, stretching, making the bed, or any other activities that help you center yourself and prepare for the day ahead. This can also include the perfect cup of coffee and a healthy breakfast to fuel your body and mind for the day ahead. Starting the day as a person is essential - before you are an employee, a student, an athlete, or anything else, take time to be yourself.\n"Creating a reliable routine was important when I was a student-athlete. As a player on a Division 1 football team at Stanford University, one of the most rigorous academic institutions in the world, I found that I needed to manage my time better than I ever had before. Building a practical and sustainable routine really helped with that, and establishing consistency in the mornings set the rest of the day up for success," saysJonathan Martin.\nFind Ways to Move Your Body\nWhen you\'re working long hours, it can be challenging to find time to exercise. However, physical activity is essential for your mental and physical health. Martin recommends finding ways to move your body throughout the day, whether that\'s taking a walk during your lunch break, doing a quick yoga flow in your office, or hitting the gym before or after work.The Mayo Clinicsupports these suggestions, noting that moving the body can help reduce stress and increase energy levels.\n"As I\'ve transitioned into the world of business and pursued graduate studies, I\'ve noticed that I spend far more time sitting than I did when I was an athlete," saysJonathan Martin. "But research shows that excessive sitting can have negative effects on both our physical and mental well-being. As a professional athlete, and now as someone who is consistently learning and creating strategy, I understand the crucial role that physical activity plays in maintaining mental sharpness. That\'s why I make a point of being intentional about moving my body every day, whether it\'s through a workout, a walk, or some other form of exercise. By prioritizing my physical health, I\'m able to stay focused, energized, and productive in all areas of my life."\nPrioritize Self-care\nSelf-care looks different for everyone, but it\'s essential to prioritize it in high-powered industries. This can include taking breaks throughout the day to recharge, practicing mindfulness, or engaging in activities that bring you joy outside of work. Martin emphasizes the importance of taking care of yourself, so you have the mental and physical energy to perform at your best.\n"You don\'t need to be moving at a million miles per hour all the time. Taking care of yourself is not a luxury, it\'s a necessity, and it\'s a lesson I wish I had learned earlier. I\'ve made self-care a priority over the last few years and it\'s completely changed the way I interact with the world for the better. I really feel empowered to make the most of every opportunity," saysJonathan Martin.\nBuild a Support System\nHaving a support system is critical in high-powered industries, where high demands can be overwhelming for many. Martin recommends building relationships with coworkers and mentors who can offer guidance and support. Additionally, finding friends and family outside of work who can provide a listening ear and offer a different perspective can also be helpful.\n"Whether it was winning bowl games or starting new companies, it was always clear to me that so much of sustained success and wellbeing depends on who you have around you," saysJonathan Martin. "I have such a supportive network, and I feel so fortunate for that. That\'s why I make it a priority to give back to my local community by volunteering every week. I believe that when people feel seen and heard, they are more empowered to elevate themselves. By investing in others, we can all rise together."\nPractice Gratitude\nIt\'s easy to get caught up in the demands and stress of high-powered industries, but practicing gratitude can help shift your perspective and reduce stress. Martin suggests starting a gratitude journal, where you write down three things you\'re grateful for each day. Focusing on the positive aspects of your life can help you feel more content and fulfilled.\nJonathan Martinnotes: "Melodie Beattie once said that \'Gratitude turns what we have into enough, and more. It turns denial into acceptance, chaos into order, confusion into clarity… it makes sense of our past, brings peace for today, and creates a vision for tomorrow.\' I know from personal experience how easy it is to get swept up in the stress and demands of life. But when I focus on gratitude, it shifts my perspective and helps me see things in a more positive light. I\'m grateful for the time I had in football. I\'m grateful for the experiences I\'ve had starting a business that found serious success. I\'m grateful for the degrees I now hold from Stanford and Georgetown. I\'m also grateful for the opportunities before me to study Bitcoin and monetary policy in action. I\'m excited to use what I learn to financially empower my community."\nWhile prioritizing wellness in high-powered industries may be challenging, it is imperative to recognize that investing in our well-being pays off in the long run. By adopting healthy habits such as a morning routine, regular physical exercise, and self-care practices, we can mitigate the negative effects of stress and increase our overall productivity and job satisfaction. Build a support system and practice gratitude to cultivate a positive mindset every day. Taking care of ourselves should be a top priority to achieve success and fulfillment in both our personal and professional lives. Consistency and intentionality around wellness can create a significant advantage for entrepreneurs and anyone working jobs with high demand.\nContact Information:\nAndrew MitchellEmail:[email protected]: 404-955-7133\nSOURCE:Cambridge Global\nView source version on accesswire.com:https://www.accesswire.com/758102/Jonathan-Martin-Shares-Tips-for-Wellness-Through-Entrepreneurial-Pursuits', 'Good morning. Here’s what’s happening:\nPrices:A new report from K33 highlights heightened volatility in Bitcoin and Ether in 2023, despite a slow start to the year.\nInsights:Observers suggest that the market needs a new driver to lift prices higher. Could ether be that driver?\nCoinDesk Market Index (CMI)\n1,198\n+0.9▲0.1%\nBitcoin (BTC)\n$27,686\n−54.0▼0.2%\nEthereum (ETH)\n$1,901\n+8.4▲0.4%\nS&P 500\n4,205.52\n+0.1▲0.0%\nGold\n$1,978\n+33.7▲1.7%\nNikkei 225\n31,328.16\n+94.6▲0.3%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,198", "+0.9\\u25b20.1%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$27,686", "\\u221254.0\\u25bc0.2%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,901", "+8.4\\u25b20.4%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,205.52", "+0.1\\u25b20.0%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,978", "+33.7\\u25b21.7%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["31,328.16", "+94.6\\u25b20.3%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nVolatility is Expected, But Was it Missed?\nGood morning Asia,\nBitcoin is opening the East Asia trading day at $27,686, down 0.2% while Ether is at $1,901, up 0.4%.\n2023 has been an odd year for crypto. In December, during the depths of crypto winter, the price predictions for bitcoin were pretty grim. $10-12K by the first quarter of 2023,said VanEck.\nBut a lot has happened since then. Ordinals, bank failure, a liquidity crisis.\nBetweenMarchand mid-May, the market was fairly stale, and bitcoin barely moved.\nA new report fromK33 Researchsays this is beginning to change.\nBitcoin\'s trading range fluctuated between $25,800 and $28,000 over the last week amid increased volatility. The variation was fueled by a prospective debt ceiling agreement, prompting market rallies, increased Bitcoin dominance and trading volumes, and may lead to more market activity due to Asian regulatory changes and Recep Erdogan\'s re-election as president of Turkey, K33 said in the report.\nK33 said that this surge was partially amplified by over-leveraged shorts creating a decrease in open interest. At the same time, progress in U.S. debt ceiling negotiations spurred a rally in the crypto and U.S. equities markets.\nAll of this, they say, along with the transformation in the crypto market structure with stablecoins and ether gaining prominence, and bitcoin\'s increased yet comparatively lower dominance, indicates a resemblance to the previous bear market with potentially insufficient de-risk rotation.\nThe cure for all of this ismore liquidity, but that’s nowhere in sight.\n[{"Asset": "XRP", "Ticker": "XRP", "Returns": "+4.6%", "DACS Sector": "Currency"}, {"Asset": "Solana", "Ticker": "SOL", "Returns": "+3.4%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Stellar", "Ticker": "XLM", "Returns": "+1.8%", "DACS Sector": "Smart Contract Platform"}]\n[{"Asset": "Dogecoin", "Ticker": "DOGE", "Returns": "\\u22121.3%", "DACS Sector": "Currency"}, {"Asset": "Polygon", "Ticker": "MATIC", "Returns": "\\u22120.8%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Chainlink", "Ticker": "LINK", "Returns": "\\u2 Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-05-31 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $527,279,095,875 - Hash Rate: 349729770.9452385 - Transaction Count: 421579.0 - Unique Addresses: 709100.0 Social & AI Sentiment: - Fear & Greed Index: 0.51 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin, Ethereum, And Dogemiyagi: Is Dogemiyagi The Eth Of Meme Coins? Pepe Coin’s recent rally has brought meme coins even more traction than usual. This meme coin season has been one of the most exciting highlights of 2023’s Q2. While Pepe Coin and Shiba Inu might be leading the rally, a new presale token, DogeMiyagi (MIYAGI), has also been attracting a great deal of attention due to its combination of memetastic branding and incredible utility. This article will dive into what exactly MIYAGI can offer the meme coin market and compare it with Bitcoin’s (BTC) and Ethereum’s (ETH) impact on their markets. DogeMiaygi – Embracing Decentralization DogeMiaygi (MIYAGI) is not your ordinary cryptocurrency. With a strong emphasis on DeFi, MIYAGI aims to empower its token holders by recognizing their pivotal role in shaping the coin’s future. As a DAO, MIYAGI allows the community to participate actively in decision-making processes, ultimately steering the coin’s trajectory. By embracing this community-led approach, MIYAGI offers a unique cryptocurrency adventure where decentralization is the key driver. Its commitment to DeFi sets it apart from other meme tokens, showcasing its intent to redefine the meme coin sphere! Bitcoin’s Impact On The Cryptocurrency Market Bitcoin (BTC), the pioneer of cryptocurrencies, has undoubtedly left an indelible mark on the market. Its revolutionary decentralized nature was the first crypto to truly disrupt traditional financial systems and ushered in a new era of peer-to-peer transactions. Bitcoin’s impact has been monumental, instilling trust and legitimacy in the concept of cryptocurrencies. Its limited supply and decentralized network have attracted a global community of users, contributing to its widespread adoption and recognition as a digital store of value. Bitcoin’s influence extends beyond its technology, shaping the very foundations of the cryptocurrency market. Ethereum’s Influence on Its Market Ethereum (ETH), often hailed as the world’s decentralized computer, has reshaped the blockchain landscape. Beyond its native cryptocurrency Ether, Ethereum introduced the concept of smart contracts, opening the door to decentralized applications and the issuance of new tokens. Story continues This innovation has paved the way for a vibrant ecosystem of DeFi and NTFs. Ethereum’s versatility and programmability have propelled it to become the second-largest cryptocurrency by market cap, solidifying its impact on the market and positioning it as a catalyst for innovation! In the ever-evolving cryptocurrency market, Bitcoin, Ethereum, and meme coins have all played pivotal roles in shaping the industry. DogeMiaygi’s commitment to decentralization and its transformation into a DAO will give token holders significant influence over the coin’s future. Bitcoin, as the original cryptocurrency, has laid the groundwork for trust and disrupted traditional financial systems. Ethereum, with its smart contract capabilities, has unlocked endless possibilities, fostering the growth of DeFi and NFTs! Follow the Links For More Information on DogeMiyagi: Website: https://dogemiyagi.com Twitter: https://twitter.com/_Dogemiyagi_ Telegram: https://t.me/dogemiyagi... - Reddit Posts (Sample): [['u/jradxit2', 'Customs and BTC', 114, '2023-05-31 00:10', 'https://www.reddit.com/r/Bitcoin/comments/13w3r6r/customs_and_btc/', 'Curious, how does having the keys to over 10k in BTC in your head apply?', 'https://i.redd.it/lyg85963333b1.jpg', '13w3r6r', [['u/coelectric', 28, '2023-05-31 00:54', 'https://www.reddit.com/r/Bitcoin/comments/13w3r6r/customs_and_btc/jm9kpax/', "What about your debit card with 10k or more? What about your credit card with 10k or more? It's not their business.", '13w3r6r'], ['u/Huge_Monero_Shill', 20, '2023-05-31 02:07', 'https://www.reddit.com/r/Bitcoin/comments/13w3r6r/customs_and_btc/jm9uwui/', 'Only if its a good hair day', '13w3r6r'], ['u/Normal-Knowledge4857', 20, '2023-05-31 02:23', 'https://www.reddit.com/r/Bitcoin/comments/13w3r6r/customs_and_btc/jm9wz2d/', 'Credit card is KYC. All those are bearer assets.', '13w3r6r'], ['u/cryptocam72', 88, '2023-05-31 04:45', 'https://www.reddit.com/r/Bitcoin/comments/13w3r6r/customs_and_btc/jmaflwp/', 'It’s not on your person, it’s on the blockchain. No need to declare.', '13w3r6r'], ['u/cflynn07', 18, '2023-05-31 05:41', 'https://www.reddit.com/r/Bitcoin/comments/13w3r6r/customs_and_btc/jmam5by/', 'Bitcoin fixes this', '13w3r6r'], ['u/pezdal', 17, '2023-05-31 06:29', 'https://www.reddit.com/r/Bitcoin/comments/13w3r6r/customs_and_btc/jmara2y/', 'Makes it easier to rob you.', '13w3r6r'], ['u/zrad603', 40, '2023-05-31 07:45', 'https://www.reddit.com/r/Bitcoin/comments/13w3r6r/customs_and_btc/jmayg9a/', 'I remember there was the case of a guy named Davi Barker who made a bunch of bitcoin lapel pins. He was selling them at a conference, and he got hassled by TSA for having a "bag full of bitcoin".', '13w3r6r'], ['u/SaneLad', 12, '2023-05-31 08:29', 'https://www.reddit.com/r/Bitcoin/comments/13w3r6r/customs_and_btc/jmb240o/', 'Anti money laundering and capital controls.', '13w3r6r'], ['u/Bitcoin_Maximalist', 30, '2023-05-31 08:36', 'https://www.reddit.com/r/Bitcoin/comments/13w3r6r/customs_and_btc/jmb2ng0/', 'Bitcoin is worthless magic internet money. Nothing to declare here.', '13w3r6r']]], ['u/Dull-Soup-2640', 'What causes people to become silver bugs?', 36, '2023-05-31 01:18', 'https://www.reddit.com/r/Wallstreetsilver/comments/13w5fm7/what_causes_people_to_become_silver_bugs/', 'I have decided that I would like to allocate a small percentage of my earnings to the two precious metals gold and silver. \n\nI am a long btc stacker and I\'ve experienced life altering gains as well as life altering realizations.\n\nAs time went along, I started reading more and more books about money and economics in general and I learned a lot about gold and silver.\n\nI learned that people buy gold for the same reason people buy bitcoin (inflation, store of value, etc).\n\nI decided that I want to buy gold and silver because it\'s been the hardest money for the longest amount of time throughout human history.\n\nI\'m going to buy gold and silver, not as a way to profit, but as an "insurance" in case things hit the fan.\n\nMy main concern: WHY BUY SILVER??\n\n\n\nI\'ve read sources that don\'t like gold. I\'ve read sources that do like gold. I\'ve read sources that like gold but not silver. I\'ve read sources that like BOTH gold and silver.\n\nI\'ve seen horror stories of one twin buying silver and one twin buying bitcoin 10 years ago. I recently saw a reddit post about "hey guy after 15 year of silver stacking im giving up because I am at break even and all my other friends are in profit from sp500 and bitcoin"\n\nI\'ve heard that the production of silver will ramp up to meet demand, which means silver will never maintain a high price, because as soon as prices rise, production will rise which will bring down price.\n\n\n\nWhat do you guys think? What convincing reasons are there to buy silver? Because if there is no good reason, I will just buy maybe 1 silver for every 20 gold.', 'https://www.reddit.com/r/Wallstreetsilver/comments/13w5fm7/what_causes_people_to_become_silver_bugs/', '13w5fm7', [['u/rb109544', 10, '2023-05-31 01:59', 'https://www.reddit.com/r/Wallstreetsilver/comments/13w5fm7/what_causes_people_to_become_silver_bugs/jm9tqm9/', "Here's my take. I did market research a couple/few years back simply because covid was coming on and the boss wanted to know where the money in the market was flowing. Renewables at that time had gotten new stronger legs than the last small boom. So I turned in my report, yada yada yada...was sitting on the couch that night and told myself I've got to think 6 steps ahead...pondered what goes into renewables...out of all the things I know goes in, silver was the one that had cheap prices, and started collecting many many decades ago so I already loved it. The prior year I'd started collecting again and remembered how much I really loved it as a kid.\n\nFast forward, the more and more I researched it became obvious every single technology thing these days needs a lot more silver as copper is being pushed to it's limits. Massive new industrial consumption in combination with a supply shortage then supply chain disruptions. Now the banking and currency crisis has become more viable in mainstream news although most of us here saw it coming long ago...most of us old folks have the memory of not being $32T in debt. Mix in that GDP adds in deficit spending and it's currently barely above water...in reality it's negative GDP now. Inflation measures are all bad. Debt to GDP looks like shit. 10 yr - 2 yr spread is one of worst in history and way worse back to at leas the cold war. Dedollarizarion...although the world elites wont let that happen...it still hurts the dollar while all others race for the bottom.\n\nGold to Silver Ratio (GSR) up around 80...projections show 30 is realistic. Gold set to quickly go above $3k. Add in new industrial consumption and everything above, and that easily pushes silver $100+.\n\nI just like the shiny. I can afford a single small gold coin occassionally. I can afford a dozen silver coins regularly, so I get variety (sometimes at a higher premium). I can DCA easier with silver than gold. I just like the shiny...and the memes, let's not forget the WSS memes.", '13w5fm7']]], ['u/HrafnHaraldsson', 'What would happen if oil producers only accepted Bitcoin?', 30, '2023-05-31 01:34', 'https://www.reddit.com/r/Bitcoin/comments/13w5tak/what_would_happen_if_oil_producers_only_accepted/', 'Like if a cartel of oil-producing nations decided that they would only accept Bitcoin in exchange for oil. Would it be "regime change" time? Totally global economic collapse? Business as usual some places, and hockey mask time in others? Like in what scale would things be effected?\n\nDisclaimer- I don\'t know shit about fuck, how the petrodollar works, the stock market, or economics in general. I\'m just a guy who knows my money is basically just delayed-onset toilet paper, and has been holding onto some sats because they\'re a more viable medium for digital exchange than silver or bullets or some shit. So please bear that in mind before roasting me, thank you.', 'https://www.reddit.com/r/Bitcoin/comments/13w5tak/what_would_happen_if_oil_producers_only_accepted/', '13w5tak', [['u/gvictor808', 31, '2023-05-31 01:52', 'https://www.reddit.com/r/Bitcoin/comments/13w5tak/what_would_happen_if_oil_producers_only_accepted/jm9sv2k/', 'Wow if OPEC announced this they would amass insane wealth, and BTC would hit $500k in about two weeks.', '13w5tak'], ['u/Umpire_State_Bldg', 12, '2023-05-31 03:23', 'https://www.reddit.com/r/Bitcoin/comments/13w5tak/what_would_happen_if_oil_producers_only_accepted/jma53b9/', 'Eventually, oil producers will only accept Bitcoin. It will be a different world then.', '13w5tak'], ['u/FairBlamer', 13, '2023-05-31 03:38', 'https://www.reddit.com/r/Bitcoin/comments/13w5tak/what_would_happen_if_oil_producers_only_accepted/jma6yle/', '>delayed-onset toilet paper\n\nThat’s actually genius, I’m stealing that', '13w5tak'], ['u/Bisquick_in_da_MGM', 12, '2023-05-31 04:17', 'https://www.reddit.com/r/Bitcoin/comments/13w5tak/what_would_happen_if_oil_producers_only_accepted/jmac1bv/', 'They would be liberated by the US military.', '13w5tak'], ['u/Analog_AI', 10, '2023-05-31 05:31', 'https://www.reddit.com/r/Bitcoin/comments/13w5tak/what_would_happen_if_oil_producers_only_accepted/jmal1o9/', 'And 12 million in a year.', '13w5tak'], ['u/extrastone', 16, '2023-05-31 06:26', 'https://www.reddit.com/r/Bitcoin/comments/13w5tak/what_would_happen_if_oil_producers_only_accepted/jmar0vw/', 'A word on OPEC: Their militaries are not very good (small size and local disunity) and so they accept the currency of the nation that offers them the best chance at defense. The Saudis are starting to accept Yuan because they want the Chinese to look at them as worthy of that defense.\n\nRight now there is not a bitcoin funded military that is capable of defending Saudi Arabia.', '13w5tak'], ['u/Difficult-Rough9914', 10, '2023-05-31 07:24', 'https://www.reddit.com/r/Bitcoin/comments/13w5tak/what_would_happen_if_oil_producers_only_accepted/jmawio1/', 'This is true within countries. When talking about transnational trade, governments want something that is stable & trustworthy. We’ve been on the petrodollar since 71. I think there are about 50 other countries that are using USD rather than their own sovereign currency. These countries are getting screwed now because the global reserve currency has been manipulated so much. There’s also been 17 sovereign defaults in the last two years compared to two in the previous two decades. I’d argue that there is no better ledger than Bitcoin to use as a unit of account for settlement of global trade. BIS has said they will allow central banks to hold up to 2% crypto starting in 2025. Apparently the banks were asking for 5%.\n\n\nBitcoin is inevitable', '13w5tak']]], ['u/anguyen11', 'How do I convince my friend this is a crypto scam.', 49, '2023-05-31 01:48', 'https://www.reddi... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 to near US$27,000 in Thursday morning trading in Asia and posted the first monthly loss of the year. Ether and all the top 10 non-stablecoin cryptocurrencies also traded lower, with XRP leading the losers. U.S. equities slid on concerns the Federal Reserve may raise interest rates again in June after strong job numbers for April released Wednesday showed inflation is still prevalent. Investors were also jittery ahead of the outcome of the vote by the U.S. Congress to approve the debt ceiling deal.\nBitcoin fell 2.35% over the last 24 hours to US$27,124 at 09:50 a.m. in Hong Kong, but held a weekly gain of 3.78%, according todatafrom CoinMarketCap. The world’s largest cryptocurrency ended May with a loss of 4.96%, the first monthly decline since the start of the year.\nThe token met selling pressure after Federal Reserve official Loretta Mestersaidon\xa0Wednesday there was no “compelling reason to pause” interest rate hikes in June, according to Mikkel Morch, Chairman and Non-Executive Director at investment fundARK36, in a note shared with Forkast.\n“(The remarks from Mester) have had a disruptive impact on various risk assets, including cryptocurrencies,” said Morch. “Simultaneously, the release of discouraging manufacturing data from China has added to the bearish sentiment surrounding Bitcoin and other risk assets.”\nEther dropped 1.65% to US$1,874, while trading 5.35% higher for the week and 2.07% higher for the month.\nDespite the overall bearish sentiment, “the market appears more upbeat about the second-largest crypto by market cap, as its deflationary features are supporting prices,” said Jeff Mei, Chief Operating Officer at crypto exchangeBTSE, citingdatafrom Ultra Sound Money that showed almost 200,000 Ether have been burnt in the past 30 days.\nAll other top 10 non-stablecoin cryptocurrencies logged losses in the past 24 hours, with XRP leading the losers.\nXRP fell 2.62% to US$0.5088, to lead the losers. Litecoin moved 1.24% lower to US$91.36, but remains up 8.58% for the week as the token’sthird halving eventdraws near, which would reduce the supply of the token.\nBinance, the world’s largest crypto exchange, is said to be planning to lay off 20% of employees in June, according toWu Blockchainon Wednesday citing unnamed sources. Binance Chief Strategy Officer Patrick Hillmann laterrespondedon Twitter that “Binance is not cutting 20% of employees as a cost-cutting measure,” but faces “a historic operational challenge to overcome” as the company faces pressure from regulators and needs to reallocate resources.\n“(Binance’s rumored job cuts are) a marker that traders will look at when scoping out the health of the market and profitability of crypto businesses and projects,” said Justin d’Anethan, head of APAC business development at Belgium-based crypto market makerKeyrock. “It probably doesn’t help that exchange volumes are at an abysmal low compared to the top of 2021-2022.”\nBinance’s BNB token dropped 1.85% in the past 24 hours to US$306.28, just holding a weekly gain of 0.13%.\nThe total market cap of cryptocurrencies dropped 1.78% in the past 24 hours to US$1.14 trillion, while the 24-hour market volume rose 6.96% to US$32.85 billion.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the non-fungible token (NFT) market, theForkast 500 NFT indexedged up 0.20% to 3,407.30 in the 24 hours to 07:30 a.m. in Hong Kong, and added 1.24% for the week.\nNFT sales on Ethereum rose 23.59% in the past 24 hours to US$21.77 million, according toCryptoSlamdata. NFT sales on the Bitcoin network also gained 22.66% to US$4.40 million.\nBored Ape Yacht Club saw the biggest sales in the past 24 hours, rising 3.00% to US$2.80 million.\nThe Grapes, an Ethereum-based NFT collection launched on Wednesday night, saw the 12th largest sales totaling over US$433,000. The collection has seen over 4,600 transactions in the 12 hours after launch, and reached a price of 0.20 ETH (US$373.16) on early Thursday morning, over five times higher than its mint price at 0.039 ETH.\nMeanwhile, NFT scams are undermining confidence. NFT influencer Andrew Wang, with over 189,000 Twitter followers,promotedan NFT collection named Pixel Penguins on Thursday, which claimed to be a charity project to support the Pixel Penguins creator’s fight against cancer. But the supposed charity was revealed to be a scam, with its pseudonymous creator “Hopeexist1” deactivating her Twitter account after securing over 61 ETH (US$114,000), according to crypto sleuthZachXBT.\nElsewhere, Twitter userPauly, who is regarded as the creator of memecoin $PEPE, hasraisedover US$1.2 million by simplyaskingpeople to send their ETH to an account to “receive nothing in return.”\n“Overall – not a lot of people are looking to trade, sentiment is rather negative from the scams/Pauly news, price discussion,” said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News.\nU.S. stock futures fell as of 10:30 a.m. in Hong Kong. Dow Jones Industrial Average futures fell 0.18%, S&P 500 futures inched down 0.07%, and the Nasdaq futures lost 0.23%.\nThe three major U.S. stock indexes slid on Wednesday as investors waited for the outcome of the latest stage of the U.S. debt deal. At approximately 9.30 p.m. ET Wednesday evening, the House passed a bill to suspend the U.S. debt limit and avoid a national default.\n\u200b\u200b“Tonight, the House took a critical step forward to prevent a first-ever default and protect our country’s hard-earned and historic economic recovery,” U.S. President Joe Bidensaidabout the outcome of the vote.\nBiden urged the Senate to also agree on the bill — the next stage in the ratification process — “as quickly as possible,” allowing him to pass it into law.\nOn the inflation front, the U.S. Labor Departmentreportfor April recorded 10.1 million job openings in April. That figure surpasses analysts’expectationsof 9.375 million. The report also recorded a month-on-month decline of 264,000 in layoffs and discharges.\nThe stronger than expected data can be interpreted as “a partial sign of the continued strength of the American labor market,”tweetedMohamed Aly, El-Erian, Chief Economic Advisor at financial services company Allianz, on Thursday.\nSimilarly robust monthly employment data has,in the past, preceded a rise in the U.S. interest rate. However, comments from inside the US Federal Reserve suggest that a so-called “hawkish pause” in June ahead of further rate rises later could be the more likely outcome.\nFed governor Philip Jeffersonsaidat a financial stability conference in Washington Wednesday that skipping a hike in June “would allow the Committee to see more data before making decisions about the extent of additional policy firming.”\nHowever, Jefferson added that “a decision to hold our policy rate constant at a coming meeting should not be interpreted to mean that we have reached the peak rate for this cycle.”\nThe Federal Reserve will meet on June 14 to make its decision. The interest rate is now between 5 and 5.25%, the highest level since 2006.\nFollowing Jefferson’s speech, theCME FedWatch Toolnow predicts a 62.2% chance the Fed will keep rates unchanged in June. The 37.8% chance it gives for another 25 basis-point rate hike is a significant decrease from the 63.0% chance reported on Tuesday.\n(Updates\xa0added to\xa0equities section)', 'Bitcoin fell to near US$27,000 in Thursday morning trading in Asia and posted the first monthly loss of the year. Ether and all the top 10 non-stablecoin cryptocurrencies also traded lower, with XRP leading the losers. U.S. equities slid on concerns the Federal Reserve may raise interest rates again in June after strong job numbers for April released Wednesday showed inflation is still prevalent. Investors were also jittery ahead of the outcome of the vote by the U.S. Congress to approve the debt ceiling deal.\nBitcoin fell 2.35% over the last 24 hours to US$27,124 at 09:50 a.m. in Hong Kong, but held a weekly gain of 3.78%, according todatafrom CoinMarketCap. The world’s largest cryptocurrency ended May with a loss of 4.96%, the first monthly decline since the start of the year.\nThe token met selling pressure after Federal Reserve official Loretta Mestersaidon\xa0Wednesday there was no “compelling reason to pause” interest rate hikes in June, according to Mikkel Morch, Chairman and Non-Executive Director at investment fundARK36, in a note shared with Forkast.\n“(The remarks from Mester) have had a disruptive impact on various risk assets, including cryptocurrencies,” said Morch. “Simultaneously, the release of discouraging manufacturing data from China has added to the bearish sentiment surrounding Bitcoin and other risk assets.”\nEther dropped 1.65% to US$1,874, while trading 5.35% higher for the week and 2.07% higher for the month.\nDespite the overall bearish sentiment, “the market appears more upbeat about the second-largest crypto by market cap, as its deflationary features are supporting prices,” said Jeff Mei, Chief Operating Officer at crypto exchangeBTSE, citingdatafrom Ultra Sound Money that showed almost 200,000 Ether have been burnt in the past 30 days.\nAll other top 10 non-stablecoin cryptocurrencies logged losses in the past 24 hours, with XRP leading the losers.\nXRP fell 2.62% to US$0.5088, to lead the losers. Litecoin moved 1.24% lower to US$91.36, but remains up 8.58% for the week as the token’sthird halving eventdraws near, which would reduce the supply of the token.\nBinance, the world’s largest crypto exchange, is said to be planning to lay off 20% of employees in June, according toWu Blockchainon Wednesday citing unnamed sources. Binance Chief Strategy Officer Patrick Hillmann laterrespondedon Twitter that “Binance is not cutting 20% of employees as a cost-cutting measure,” but faces “a historic operational challeng Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-01 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $519,699,113,762 - Hash Rate: 336187209.4940784 - Transaction Count: 355986.0 - Unique Addresses: 678136.0 Social & AI Sentiment: - Fear & Greed Index: 0.52 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Are you interested in cryptocurrency trading but feeling overwhelmed by the complexities of the market? Look no further! In this blog post, we will discuss the top 5 mistakes to avoid when trading crypto, including popular currencies such as Bitcoin, Ethereum , and others. Crypto trading has gained popularity in recent years due to its potential for high returns, but it also involves risks and requires a thorough understanding of the market. That’s why we’ve compiled a list of the top 5 mistakes that even experienced traders make when trading crypto. Whether you’re new to the world of cryptocurrency or a seasoned trader, this blog post will provide valuable insights and practical tips to help you navigate the crypto market with confidence. So, let’s dive in and discover the common pitfalls to avoid when trading popular cryptocurrencies such as Ethereum. Five Crypto Trading Mistakes To Avoid FOMO (Fear of Missing Out) FOMO, or Fear of Missing Out, is a common emotion experienced by traders in the crypto market. It occurs when a trader feels the urge to buy or sell a particular cryptocurrency due to the fear of missing out on potential profits or market trends. FOMO can lead to impulsive buying and selling decisions, which can result in significant losses. To avoid FOMO, traders can set trading rules and stick to them, such as setting stop-loss orders and avoiding trading based on emotions. It’s essential to conduct thorough research and make informed decisions rather than acting solely on the fear of missing out. Lack of Research Conducting thorough research is crucial before investing in any cryptocurrency. Lack of research can lead to investing in scam projects or unstable cryptocurrencies, resulting in significant financial losses. To avoid such situations, it’s essential to conduct extensive research, read whitepapers, study market trends, and analyze the project’s fundamentals. Traders should also avoid investing in cryptocurrencies based solely on hype or social media buzz. By doing proper research, investors can make informed decisions and mitigate the risks associated with investing in the crypto market. Story continues Overtrading Overtrading is a common mistake in the crypto market where traders execute too many trades in a short period, resulting in negative impacts on their portfolios. Overtrading can lead to unnecessary losses, missed opportunities, and increased transaction costs. Traders should set trading limits and avoid making impulsive trading decisions. It’s also essential to take breaks to avoid becoming emotionally attached to a particular trade or market trend. By developing a trading strategy and sticking to it, traders can avoid the negative impacts of overtrading and make more informed trading decisions. Ignoring Risk Management Ignoring risk management is a critical mistake in crypto trading. It has the potential to result in substantial losses and even financial ruin. Traders should prioritize risk management by diversifying their portfolios, setting stop-loss orders, and maintaining a proper risk-to-reward ratio. It’s essential to understand the risks associated with each trade and take necessary precautions to mitigate them. By implementing proper risk management strategies, traders can minimize their losses and maximize their profits in the volatile crypto market. Following the Crowd Following the crowd can be a mistake in crypto trading as it can lead to making decisions based on hype rather than fundamental analysis. Blindly following the crowd can result in losses and missed opportunities as market trends can change quickly. To avoid following the crowd, traders should conduct independent research, study market trends, and trust their own analysis. It’s essential to have a trading plan and stick to it, even if it goes against the current market sentiment. By avoiding herd mentality, traders can make informed decisions and maximize their profits in the dynamic crypto market. Conclusion Being aware of these mistakes is crucial for traders to avoid unnecessary losses and maximize their profits. Traders should prioritize risk management, conduct thorough research, stick to their trading plan, and avoid impulsive decisions based on emotions or social media buzz. By continuing to learn and improve their trading skills, traders can achieve success in the dynamic and volatile crypto market. McClatchy newsroom and editorial staff were not involved in the creation of this content.... - Reddit Posts (Sample): [['u/sixgod999', "From Wall Street to Sats Town: An ex TradFi's Thesis for Betting on Bitcoin", 58, '2023-06-01 01:29', 'https://www.reddit.com/r/Bitcoin/comments/13x1re4/from_wall_street_to_sats_town_an_ex_tradfis/', 'Having been entrenched in the traditional finance industry for over a decade and halfway through my CFA journey, I found myself captivated by Bitcoin and let\'s say, I never looked back. Despite the increasing adoption and moon boy chants growing louder, I prefer approaching Bitcoin with a sound investment thesis, especially when I explain to my TradFi colleagues why I\'m so obsessed with this asset. Here are the five key investment principles that guide my perspective:\n\n\n\n1. Historical Trends with Fiat: Reflecting on history, we can observe that fiat currencies usually have a 50-90 years lifespan. We transitioned to a full fiat currency with the US dollar in 1971, courtesy of the Nixon shock. While history may not always repeat itself, it often rhymes - "this time it\'s different" are often the last words uttered by a faltering civilization.\n2. Unsustainable Debt: Following the 2000 and 2008 financial shocks, instead of allowing the system to collapse and rebuild, we\'ve been artificially inflating it with debt, so much so that raising interest rates without breaking something now seems impossible. We may soon find ourselves resorting to money printing to inflate this debt away, potentially leading to inflation.\n3. Hard Assets vs. Fiat: This rampant money printing will likely push the \'smart money\' towards hard assets such as gold. However, most people won\'t be able to own or verify their gold ownership physically; they\'ll rely on paper claims, which essentially brings us back to square one. While gold has been an excellent store of value for millennia, its physical limitations render it ineffective as money in our digital era.\n4. Energy vs. Money Printing: The US\' ability to print money might not sit well with energy companies. If you can "print energy" by printing money to pay for goods and services, it fundamentally contradicts the first law of thermodynamics (energy cannot be created or destroyed, only transferred). It also means forcing energy providers to accept an inferior asset for a superior one. It\'s only logical that they would gravitate towards an asset that\'s harder (or impossible) to print out of thin air.\n5. Real Estate and Store of Value: Traditional store of value, real estate, is being increasingly monetized as large corporations like BlackRock incorporate them into their investment portfolios, driving up prices and making homeownership unaffordable for many. This trend will likely increase the demand for an asset with long-term store-of-value properties.\n\n\n\nIf these trends continue, and it seems like they will, Bitcoin presents itself as a compelling solution.\n\nIt\'s the ONLY bearer asset that allows ease of wealth storage and transfer. \n\nIt\'s decentralized, unlike other cryptocurrencies with identifiable founders or teams.\n\nIts supply is capped, making it impossible to create more without expending an equivalent amount of energy.\n\n"Toka Koka", a phrase from the anime "Full Metal Alchemist" resonates here - humankind cannot gain anything without giving something in return, energy for energy. This is echoed in Bitcoin\'s proof of work concept.\n\nI acknowledge that my thesis may have flaws and that I could be wrong. That\'s why I still maintain a traditional portfolio (so my wife doesn\'t think I\'ve gone full tinfoil hat). However, given the unfolding macroeconomic trends and Bitcoin\'s unique properties, it seems like a once-in-a-lifetime opportunity, and I am willing to accept the downside risk for the potential upside.\n\n\n\nTL;DR: From a traditional finance background, I argue that Bitcoin is a promising investment because: 1) Fiat currencies have limited lifespans; 2) Debt and potential inflation issues loom; 3) Gold isn\'t practical for everyone; 4) Printing money undermines energy value; 5) Rising real estate prices highlight the need for accessible stores of value. Despite risks, I believe in Bitcoin\'s upside potential.', 'https://www.reddit.com/r/Bitcoin/comments/13x1re4/from_wall_street_to_sats_town_an_ex_tradfis/', '13x1re4', [['u/feedb4k', 12, '2023-06-01 03:28', 'https://www.reddit.com/r/Bitcoin/comments/13x1re4/from_wall_street_to_sats_town_an_ex_tradfis/jmf4wwl/', 'I enjoyed reading this while also wondering if you used ChatGPT. One point that doesn’t make sense is 4 - “printing money undermines energy value.” I don’t see how your rational works. Printing money is not equivalent to printing energy. There’s printing money and there’s generating energy. Money can be printed and exchanged for goods at an agreed upon value, it doesn’t change the energy it took to produce the good. Seems like irrational logic to me.', '13x1re4'], ['u/sixgod999', 10, '2023-06-01 03:34', 'https://www.reddit.com/r/Bitcoin/comments/13x1re4/from_wall_street_to_sats_town_an_ex_tradfis/jmf5q3g/', 'I did use chat GPT to help me organize my thoughts but the ideas are still mine!\n\nThanks for pointing that out - the idea I was trying to put out there re: the energy argument is that since we have the Petrol dollar system, the US basically has the ability to create something out of nothing (new fiat) and use that to buy oil (basically energy - aka ability to print energy). Right now it’s only agreed upon since it’s the world reserve currency but exploiting this might make energy providers think again since a fiat currency is only valuable because people believe it is. \n\nThis phenomena is only available to one state currently so I do realize why it’s confusing.', '13x1re4']]], ['u/chumeanbro', 'Investors are holding onto BTC, waiting for a bullish momentum', 23, '2023-06-01 01:30', 'https://www.reddit.com/r/CryptoCurrency/comments/13x1rmo/investors_are_holding_onto_btc_waiting_for_a/', 'According to [data provided by CryptoQuant](https://twitter.com/cryptoquant_com/status/1663819515279572996?t=OqrqP_4wrqUqzVr95t7sRg&s=19), the value of Bitcoin reserves has seen a significant drop of approximately $7 billion in the past month. CryptoQuant\'s publication states, "At the very least, the amount of Bitcoin circulating on exchanges has decreased over the last month."\n\n\n\nhttps://preview.redd.it/9lcqg641ma3b1.png?width=648&format=png&auto=webp&v=enabled&s=bf59f995f24611ebf2edcfa840c58d1dd45210ef\n\nFurthermore, CryptoQuant data indicates that exchange platforms have lost a substantial amount of 2,132,000 Bitcoins from their reserves. This decrease suggests that investors are opting to hold onto their Bitcoins rather than engaging in large-scale selling.\n\nPast data reveals an ongoing decline in the number of deposit transactions on exchanges since 2022, resembling a situation witnessed in July 2019 (likely influenced by the positive sentiment surrounding the upcoming Bitcoin halving event scheduled for May 2020)', 'https://www.reddit.com/r/CryptoCurrency/comments/13x1rmo/investors_are_holding_onto_btc_waiting_for_a/', '13x1rmo', [['u/Ninja_Gogen', 14, '2023-06-01 01:54', 'https://www.reddit.com/r/CryptoCurrency/comments/13x1rmo/investors_are_holding_onto_btc_waiting_for_a/jmesbxv/', "I've been holding for fucking years now. Held it all the way up in the last bull run, all the way down to the (hopefully) bottom. May as well hold it a bit longer. Mark my words, though. This time I WILL take profits!", '13x1rmo']]], ['u/cryotosensei', 'What % does BTC comprise in your portfolio?', 27, '2023-06-01 02:43', 'https://www.reddit.com/r/CryptoCurrency/comments/13x3i1x/what_does_btc_comprise_in_your_portfolio/', "Everyone seems to be cautiously optimistic about BTC these days. The next BTC halving is coming fairly soon. An analytics firm called Glassnode shares that BTC is currently trading slightly above long term holders' cost basis - what this means that we've entered the second stage of the bull cycle called “transition' (after capitulation but before equilibrium and euphoria). And who can forget how the Former Coinbase Chief Technology Officer (CTO) created a stir by making the bold claim that Bitcoin would hit $1 million by June 17 this year? Regardless of whether he was making a publicity stunt, the fact that he staked his reputation on BTC shows how salient this asset is in the minds of retail investors.\n\nSuffice it to say that people are looking to BTC to pump in the near future. In regard to that, are you increasing the proportion of BTC in your portfolio? Or are you taking the long-term view and looking to accumulate BTC at your own pace?", 'https://www.reddit.com/r/CryptoCurrency/comments/13x3i1x/what_does_btc_comprise_in_your_portfolio/', '13x3i1x', [['u/monaslab', 17, '2023-06-01 02:50', 'https://www.reddit.com/r/CryptoCurrency/comments/13x3i1x/what_does_btc_comprise_in_your_portfolio/jmezug5/', '10% BTC. I bought too many shitcoins. Waiting for opportunity to transfer them into BTC once an alt season appears', '13x3i1x'], ['u/002_timmy', 35, '2023-06-01 02:51', 'https://www.reddit.com/r/CryptoCurrency/comments/13x3i1x/what_does_btc_comprise_in_your_portfolio/jmezz6q/', "Crypto Portfolio- 60% \nInvestment Portfolio- 20%\n\nI'm a firm believer that even though I believe crypto and bitcoin is the future, everyone should be investing in some traditional manners (401k, HSA, Brokerage, Property, etc). You never want to be in trouble is one sector implodes", '13x3i1x'], ['u/Onnimation', 26, '2023-06-01 02:52', 'https://www.reddit.com/r/CryptoCurrency/comments/13x3i1x/what_does_btc_comprise_in_your_portfolio/jmf01eq/', '0%', '13x3i1x'], ['u/jet_life_next_life', 30, '2023-06-01 03:01', 'https://www.reddit.com/r/CryptoCurrency/comments/13x3i1x/what_does_btc_comprise_in_your_portfolio/jmf17pn/', '100%', '13x3i1x'], ['u/BigLongFootDoctor', 16, '2023-06-01 03:44', 'https://www.reddit.com/r/CryptoCurrency/co... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin fell Friday morning in Asia, trading below support at US$27,000 in a lackluster start to June after posting its first monthly loss of the year in May. Ether fell back below US$1,900 and most other top 10 non-stablecoin cryptocurrencies traded flat to lower. Cardano led the losers, while Litecoin found buying support as the token’s third halving event draws near. U.S. equity futures rose following gains in regular trading Thursday after the debt ceiling bill passed the House of Representatives and now goes to the Senate. Manufacturing data showed an easing in the pace of inflation, tempering concerns about more interest rate hikes ahead. On the down side,analysts expectthe U.S. to issue as much as US$1 trillion in treasury bills this year to replenish its cash, which could suck liquidity from risk assets such as cryptocurrencies.\nBitcoin fell 1.17% over the last 24 hours to US$26,878 at 07:10 a.m. in Hong Kong, but held onto a weekly gain of 1.53%, according todatafrom CoinMarketCap. The leading cryptocurrency dropped around 7% in May, but is still up 62% for the year so far.\nEther inched down 0.19% to trade at US$1,866, with a weekly gain of 3.20%.\nMost other top 10 non-stablecoin cryptocurrencies traded flat to lower in the past 24 hours, while Litecoin bucked that trend to gain 5.11% to US$94.41, up 9.98% for the week. The token’sthird halving eventis set for Aug. 2, which would reduce supply of the token.\nLitecoin’s on-chain activities picked up in May, according to blockchain data trackerIntoTheBlockon Tuesday, which noted almost 8.5 million Litecoin addresses with a balance by the end of May, compared to 7.09 million addresses by the end of March.\nCardano’s ADA led the losers in the top 10 non-stablecoin tokens, falling 2.35% to US$0.3659, but still managing a weekly gain of 2.03%.\nWhile crypto prices head lower, Rachel Lin, co-founder & CEO of crypto derivatives exchange Synfutures, still sees optimism for the industry in some other recent developments.\n“Positive developments in the crypto ecosystem this week include Celsius’sprogresswith its bankruptcy and restructuring plan under Fahrenheit Holdings,” she said. “If successful, it could demonstrate the crypto industry’s resilience in addressing its failures.”\nMeantime, the market cap of Tether’s USDT stablecoin hit an all-time high of US$83.60 billion early Friday morning in Asia, up more than 26% from the start of the year.\n“(USDT’s rise was) undoubtedly linked to the banking woes in the US and thedemise of BUSDfrom Binance; seems like investors are putting their faith – and money – with Tether, so far,” said Justin d’Anethan, head of APAC business development at Belgium-based crypto market makerKeyrock.\nThe total market cap of cryptocurrencies dropped 0.64% in the past 24 hours to US$1.13 trillion, while the 24-hour market volume fell 7.79% to US$30.28 billion.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the non-fungible token (NFT) market, theForkast 500 NFT indexdropped 0.72% to 3,373.23 in the 24 hours to 08:30 a.m. in Hong Kong, but added 0.65% for the week.\nNFT sales on Ethereum rose 17.61% in the past 24 hours to US$26.51 million, led by strong sales in Bored Ape Yacht Club (BAYC) and Azuki, according toCryptoSlamdata. Sales on the Bitcoin network fell 38.99%% to US$2.58 million.\nBAYC had the biggest sales in the 24 hours of US$5.15 million, accounting for almost 20% of sales on the Ethereum blockchain.\nFF6000, an Ethereum NFT collection launched by pseudonymous memecoin creatorBen.ethon Thursday night, stormed the market with sales totaling US$2.19 million and over 10,000 transactions, ranking third in terms of 24-hour sales.\nThe month of May saw over 8.91 million total NFT transactions and more than 819,000 unique sellers, the largest since February 2022, according toCryptoSlamdata.\nElsewhere, Nike Virtual Studios, the Web 3.0 arm of the U.S. footwear giant Nike Inc.,announceda partnership with sports video game publisher EA Sports on Thursday, which would bring Nike’s NFTs into video games. SWOOSH, Nike’s NFT platform, launched its first NFT sneaker collection Our Force 1 on May 24, which has seen sales of 97,627, according to data fromPolygonscan.\n“(The partnership between Nike and EA) is huge for mass adoption, and combined with stories likeReddit’s10 million strong user base and the recent high transaction volume, we’re starting to see a new NFT space emerge,” said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News.\nU.S. stock futures rose as of 11:45 a.m. in Hong Kong. Dow Jones Industrial Average futures and S&P 500 futures both gained 0.21%, while Nasdaq futures added 0.28%.\nThe three major U.S. stock indexes rose on Thursday after the House of Representativespassedthe debt ceiling deal 314-to-117 on Wednesday evening. The bill now goes to the Senate for voting to avert a debt default.\nOn the inflation front, the U.S. manufacturing purchasing managers’ index (PMI) fell to 46.9 in May from 47.1 in April, according to theInstitute for Supply Managementon Thursday. A PMI below 50 indicates a contraction in the economy, and is the seventh consecutive month of decline, which has been seen as an indicator for a recession in the U.S.\nThe Federal Reserve will meet on June 14 to make its next move on interest rates, which are now between 5 and 5.25%, the highest since 2006. TheCME FedWatch Toolnow predicts a 76% chance the Fed will keep rates unchanged in June, and a 24% chance for another 25-basis-point rate hike, down from 37.8% on Thursday.\n“I do believe that we are close to the point where we can hold rates in place and let monetary policy do its work to bring inflation back to the target in a timely manner,”saidPatrick Harker, President of the Federal Reserve Bank of Philadelphia, on Thursday.\nMeanwhile in China, theCaixin Manufacturing PMIregistered 50.9 in May, rising from 49.5 in April. The figure points to a moderate growth in China’s manufacturing activity, while the country’s economic recovery remains patchy, according to Chinese news mediaCaixinon Thursday.\n(Updates with equities section.)', 'Bitcoin fell Friday morning in Asia, trading below support at US$27,000 in a lackluster start to June after posting its first monthly loss of the year in May. Ether fell back below US$1,900 and most other top 10 non-stablecoin cryptocurrencies traded flat to lower. Cardano led the losers, while Litecoin found buying support as the token’s third halving event draws near. U.S. equity futures rose following gains in regular trading Thursday after the debt ceiling bill passed the House of Representatives and now goes to the Senate. Manufacturing data showed an easing in the pace of inflation, tempering concerns about more interest rate hikes ahead. On the down side,analysts expectthe U.S. to issue as much as US$1 trillion in treasury bills this year to replenish its cash, which could suck liquidity from risk assets such as cryptocurrencies.\nBitcoin fell 1.17% over the last 24 hours to US$26,878 at 07:10 a.m. in Hong Kong, but held onto a weekly gain of 1.53%, according todatafrom CoinMarketCap. The leading cryptocurrency dropped around 7% in May, but is still up 62% for the year so far.\nEther inched down 0.19% to trade at US$1,866, with a weekly gain of 3.20%.\nMost other top 10 non-stablecoin cryptocurrencies traded flat to lower in the past 24 hours, while Litecoin bucked that trend to gain 5.11% to US$94.41, up 9.98% for the week. The token’sthird halving eventis set for Aug. 2, which would reduce supply of the token.\nLitecoin’s on-chain activities picked up in May, according to blockchain data trackerIntoTheBlockon Tuesday, which noted almost 8.5 million Litecoin addresses with a balance by the end of May, compared to 7.09 million addresses by the end of March.\nCardano’s ADA led the losers in the top 10 non-stablecoin tokens, falling 2.35% to US$0.3659, but still managing a weekly gain of 2.03%.\nWhile crypto prices head lower, Rachel Lin, co-founder & CEO of crypto derivatives exchange Synfutures, still sees optimism for the industry in some other recent developments.\n“Positive developments in the crypto ecosystem this week include Celsius’sprogresswith its bankruptcy and restructuring plan under Fahrenheit Holdings,” she said. “If successful, it could demonstrate the crypto industry’s resilience in addressing its failures.”\nMeantime, the market cap of Tether’s USDT stablecoin hit an all-time high of US$83.60 billion early Friday morning in Asia, up more than 26% from the start of the year.\n“(USDT’s rise was) undoubtedly linked to the banking woes in the US and thedemise of BUSDfrom Binance; seems like investors are putting their faith – and money – with Tether, so far,” said Justin d’Anethan, head of APAC business development at Belgium-based crypto market makerKeyrock.\nThe total market cap of cryptocurrencies dropped 0.64% in the past 24 hours to US$1.13 trillion, while the 24-hour market volume fell 7.79% to US$30.28 billion.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the non-fungible token (NFT) market, theForkast 500 NFT indexdropped 0.72% to 3,373.23 in the 24 hours to 08:30 a.m. in Hong Kong, but added 0.65% for the week.\nNFT sales on Ethereum rose 17.61% in the past 24 hours to US$26.51 million, led by strong sales in Bored Ape Yacht Club (BAYC) and Azuki, according toCryptoSlamdata. Sales on the Bitcoin network fell 38.99%% to US$2.58 million.\nBAYC had the biggest sales in the 24 hours of US$5.15 million, accounting for almost 20% of sales on the Ethereum blockchain.\nFF6000, an Ethereum NFT collection launched by pseudonymous memecoin creatorBen.ethon Thursday night, stormed the market with sal Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-02 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $518,653,416,150 - Hash Rate: 417687139.0684004 - Transaction Count: 479437.0 - Unique Addresses: 721266.0 Social & AI Sentiment: - Fear & Greed Index: 0.50 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Production grew month over month at 37.35 bitcoin Operations achieved 91.0 BTC/EH efficiency Uptime was 94 % For March 2023 Bitcoin produced 1Q23 were 110.25 Toronto, Ontario--(Newsfile Corp. - April 17, 2023) - Sphere 3D Corp. (NASDAQ: ANY) ("Sphere 3D" or the "Company"), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, provides results of its Bitcoin mining operation for the month ended March 31, 2023. CEO Comments "We produced bitcoin at a steady rate during March. We are proud to announce a partnership with Rebel Mining who will be taking a large portion of our fleet. Their depth and breath of experience make them a perfect partner to deploy the rest of our fleet. With the miners currently being deployed to Missouri in March and April, our fleet will be fully homed, and upon energization, we will be at approximately 1.5EH/s. We believe we will have a significant portion of this EH/s energized by end of May." Said Patricia Trompeter, CEO of Sphere 3D. "We are looking forward to working with Rebel as we install and energize the remainder of our Fleet." "Rebel Mining Company has state of the art facilities managed by a world class leadership team. We are excited to partner with Sphere 3D who will deploy in our Missouri and Texas facilities over the next 30 - 60 days. We look forward to getting them energized and bringing our depth of crypto mining knowledge to Sphere. Our commitment to our customers and a high operational standard sets us apart in this industry and we are looking forward to working together." Said Neil Galloway, COO Rebel Mining. Compute North Update We continue to work with Compute North and their bankruptcy lawyers for the return of our deposit through the Chapter 11 process. As previously disclosed, we filed our financial claim with the US Bankruptcy Court in February 2023, and must wait for the process to continue. Miner Delivery Update We have begun deployment to several hosting partners for May energization. We are currently deploying miners to a facility in Missouri for anticipated energization in May. In addition, we expect to deploy the remaining fleet to an existing hoster be hashing in the next 60 days. With deployments above, we will have successfully placed the majority of our fleet. Core Scientific Update As previously disclosed by the Company, Sphere 3D filed an arbitration request against Core Scientific ("Core") on its claim for the non-refunded portion of the Company's advanced deposits. Core subsequently filed for restructuring under Chapter 11 on December 21, 2022, citing burdensome debt obligations as a result of rising energy prices and the decline in the price of bitcoin. We continue to work with the US Bankruptcy court to monitor the progress. Sphere 3D has engaged counsel and is vigorously pursuing every available option to recover its funds. Story continues Bitcoin Production and Holdings Update In March 2023, Sphere 3D produced 37.35 Bitcoin, or 1.20 per day. Sphere 3D's mining fleet operated at 91.0 BTC/EH efficiency. During March 2023, the Company employed a Hybrid strategy of liquidating during bitcoin price upswings and HODL for the remainder of its holdings. The Company used approximately 28.33 Bitcoin during the month to fund working capital, and prepaid hosting deposits for our S19J Pros. Bitcoin held by the Company represents a fair market value of approximately $0.6 million based on the Bitcoin price of $28,489 on March 31, 2023. As of March 31, 2023, the Company was operating approximately 4,330 S19j Pros miners delivering a production capacity of approximately 446 PH/s. Figure 1 To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/1705/162628_sphere_fig1.jpg CEO Closing Remarks "We continue to make progress as we deploy the rest of our fleet. When fully energized we increase our production to 1.5 EH/s. We focused on execution in March to prepare ourselves for a strong second quarter. I am excited to get all 1.5EH/s up and going in second quarter, and our efforts in the first quarter made this possible!" About Sphere 3D Sphere 3D Corp. (NASDAQ: ANY) is a net carbon-neutral cryptocurrency miner with decades of proven enterprise data-services expertise. The Company is growing its industrial-scale mining operation through the capital-efficient procurement of next-generation mining equipment and partnering with best-in-class data center operators. Sphere 3D is dedicated to growing shareholder value while honoring its commitment to strict environmental, social, and governance standards. For more information about the Company, please visit Sphere3D.com . Forward-Looking Statements This communication contains forward-looking statements within the meaning of Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally related to future events including the timing of the proposed transaction and other information related proposed transaction. In some cases, you can identify forward-looking statements because they contain words such as "may," "will," "should," "experts," "plans," "anticipates," "could," "intends," "target," "project," "contemplates," "believes," "believes," "estimates," "predicts," "potential," or "continue" or the negative of these words or other similar terms or expressions. Expectations and beliefs regarding matters discussed herein may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from the projected. The forward-looking statements contained in this communication are also subject other risks and uncertainties, including those more fully described in filings with the SEC, including Sphere 3D's reports filed on Form 10-K and Form 8-K and in other filings made by Sphere 3D with the Sec from time to time and available at www.sec.gov . These forward-looking statements are based on current expectations, which are subject to change. Sphere 3D Contacts Kurt Kalbfleisch CFO, Sphere 3D [email protected] To view the source version of this press release, please visit https://www.newsfilecorp.com/release/162628 View comments... - Reddit Posts (Sample): [['u/phthird', 'What is the safest mobile wallet for BTC right now?', 36, '2023-06-02 00:33', 'https://www.reddit.com/r/Bitcoin/comments/13xvini/what_is_the_safest_mobile_wallet_for_btc_right_now/', "Hey. I want to store my Bitcoin in the most trusted wallet on iOS right now. By that I mean that it has the best security in it, is not hacked, reliable and has a good reputation etc. Obviously, a non-custodial one.\n\nBecause I recently heard the news about Ledger, and in general the situation changes every month, I would like to know what is considered the best option for safe storage on iOS of Bitcoin nowadays.\n\nI am currently considering Blockstream Green, but would love to hear what you think and decide. Thank you all so much for your help!\n\nIf anything, I don't have the ability to buy a hardware wallet. Only from intermediaries, which makes no sense at all in this case. The amount of Bitcoin, however, is not so high to bother so much.", 'https://www.reddit.com/r/Bitcoin/comments/13xvini/what_is_the_safest_mobile_wallet_for_btc_right_now/', '13xvini', [['u/Different-Limit-2683', 27, '2023-06-02 00:54', 'https://www.reddit.com/r/Bitcoin/comments/13xvini/what_is_the_safest_mobile_wallet_for_btc_right_now/jmjhwi6/', 'Check BlueWallet.', '13xvini'], ['u/JBL709', 25, '2023-06-02 02:31', 'https://www.reddit.com/r/Bitcoin/comments/13xvini/what_is_the_safest_mobile_wallet_for_btc_right_now/jmjv4bi/', 'Blockstream Green', '13xvini'], ['u/Efficient_Diet_7839', 11, '2023-06-02 05:58', 'https://www.reddit.com/r/Bitcoin/comments/13xvini/what_is_the_safest_mobile_wallet_for_btc_right_now/jmkl10f/', 'Exodus. Amazing and responsive customer support too', '13xvini']]], ['u/middlemangv', "It doesn't matter how strong the project of the coin you invested in is, maybe it will resist a little at times, but eventually it will follow the price of Bitcoin. If Bitcoin goes down, the rest will follow.", 132, '2023-06-02 00:45', 'https://www.reddit.com/r/CryptoCurrency/comments/13xvtmv/it_doesnt_matter_how_strong_the_project_of_the/', 'Maybe that\'s what makes people call all the other cryptocurrencies as "altcoins". \n\nI think that it is clear to all of us, and it is also obvious, that no matter how good the project is, if Bitcoin goes down with the price, eventually the entire market will be painted in red. \n\nPeople say that one of the biggest reasons for this is trading pairs that favor Bitcoin, considering that most trading pairs are in BTC. So when Bitcoin goes down, so do trading pairs. \n\nAnother reason is the dominance of Bitcoin, i.e. the number or value of the entire crypto market capital, where Bitcoin leads with 44.2%. \n\n> "As of today, the market cap of Bitcoin (BTC) is at $521 Billion, representing a Bitcoin dominance of 44.22%. Meanwhile, Stablecoins\' market cap is at $130 Billion and has a 11.05% share of the total crypto market cap." - CoinGecko\n\nMost people see Bitcoin as the leader in the world of cryptocurrencies. Bitcoin is literally a market indicator and no matter how good the project you invested in is, possibly in the long run it will follow the price of Bitcoin. If Bitcoin collapses, it would be equivalent to a tsunami in the cryptocurrency market. The crypto market is closely tied to Bitcoin. \n\n[Bitcoin dominance](https://preview.redd.it/arthfuough3b1.png?width=1763&format=png&auto=webp&v=enabled&s=c20d1c5ef4468d25b8133ebd19fd882ed68e690e)', 'https://www.reddit.com/r/CryptoCurrency/comments/13xvtmv/it_doesnt_matter_how_strong_the_project_of_the/', '13xvtmv', [['u/Napoleon_246', 10, '2023-06-02 00:47', 'https://www.reddit.com/r/CryptoCurrency/comments/13xvtmv/it_doesnt_matter_how_strong_the_project_of_the/jmjgwaj/', 'It can be beneficial to find good alts before the masses catch onto them, however, we all must remember that at the end of the day, Bitcoin is King.', '13xvtmv'], ['u/cashpig000', 17, '2023-06-02 00:53', 'https://www.reddit.com/r/CryptoCurrency/comments/13xvtmv/it_doesnt_matter_how_strong_the_project_of_the/jmjhr7i/', "It's not difficult to understand btc maxis. I'm becoming one myself, this bear market showed me this.", '13xvtmv'], ['u/Calm_Lemonade', 12, '2023-06-02 00:54', 'https://www.reddit.com/r/CryptoCurrency/comments/13xvtmv/it_doesnt_matter_how_strong_the_project_of_the/jmjhutf/', 'I’m hoping for even higher Bitcoin dominance. \n\nAlso, don’t be like me and pick a coin that doesn’t go up when Btc does but gets absolutely demolished when it goes down.', '13xvtmv'], ['u/Tasigur1', 67, '2023-06-02 00:55', 'https://www.reddit.com/r/CryptoCurrency/comments/13xvtmv/it_doesnt_matter_how_strong_the_project_of_the/jmji1ez/', "Wait OP, so you are saying BTC is leading the crypto market and other coins will follow the price of BTC?!\n\nThat's a daring thesis 😅", '13xvtmv'], ['u/Baecchus', 29, '2023-06-02 02:32', 'https://www.reddit.com/r/CryptoCurrency/comments/13xvtmv/it_doesnt_matter_how_strong_the_project_of_the/jmjvbdx/', 'Not to brag but my shitcoins can go down even while BTC is going up. I must be soing something right.', '13xvtmv']]], ['u/Mr_DigDeeper', 'Gradually, Then Suddenly…Bitcoin Adoption.', 25, '2023-06-02 01:59', 'https://www.reddit.com/r/Bitcoin/comments/13xxihe/gradually_then_suddenlybitcoin_adoption/', 'All I can say is that these prices won’t last. You get in at the price you deserve. \n\n\nGradually, then suddenly.\n\n#Bitcoin Adoption', 'https://www.reddit.com/r/Bitcoin/comments/13xxihe/gradually_then_suddenlybitcoin_adoption/', '13xxihe', [['u/Baileus', 10, '2023-06-02 08:00', 'https://www.reddit.com/r/Bitcoin/comments/13xxihe/gradually_then_suddenlybitcoin_adoption/jmkwhk0/', 'DCA', '13xxihe'], ['u/Kasegigashira', 18, '2023-06-02 09:27', 'https://www.reddit.com/r/Bitcoin/comments/13xxihe/gradually_then_suddenlybitcoin_adoption/jml3bwk/', 'You sound like a guy who ends up buying at 40k instead of now.', '13xxihe'], ['u/edislucky', 10, '2023-06-02 09:54', 'https://www.reddit.com/r/Bitcoin/comments/13xxihe/gradually_then_suddenlybitcoin_adoption/jml5c76/', "I bought at 2k but sold all at 5k because I didn't understand it and thought it couldn't possibly ever ever go higher than that! \n\nYou buy at the price that moment, you HODL the price you deserve.", '13xxihe'], ['u/Loafmanuk', 13, '2023-06-02 10:15', 'https://www.reddit.com/r/Bitcoin/comments/13xxihe/gradually_then_suddenlybitcoin_adoption/jml6v6i/', "For Bitcoin to hit 5k again, the world will have to become a really shitty place, really quickly.\nI'm not saying it won't happen, anything is possible with these fucking psychopaths pulling the strings, but I for one hope we don't have to see that.", '13xxihe'], ['u/Mr_DigDeeper', 12, '2023-06-02 10:34', 'https://www.reddit.com/r/Bitcoin/comments/13xxihe/gradually_then_suddenlybitcoin_adoption/jml87kv/', 'I think 16k was the bottom in November', '13xxihe']]], ['u/WineglassConnisseur', 'Why aren’t y’all stacking?', 29, '2023-06-02 02:46', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/', 'How much is everyone stacking? At current prices, ~$250 million Bitcoin is created by mining every month.\n\nIt would take just $50 from every hodler in this subreddit in order to eviscerate this new supply. So again, why aren’t y’all stacking?', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/', '13xyjua', [['u/highspeed717', 55, '2023-06-02 02:53', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmjy1fe/', "I'm doing my part!!", '13xyjua'], ['u/clue5tick', 20, '2023-06-02 03:03', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmjz9qu/', "Maybe we've progressed. Maybe we're concentrating on building a strong, circular economy that we can rely on, instead of just repeating get-rich slogans?", '13xyjua'], ['u/Abundance144', 88, '2023-06-02 03:10', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmk089e/', "Why you assuming we aren't stacking?", '13xyjua'], ['u/covfefeer', 50, '2023-06-02 03:50', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmk5kbw/', 'I think your math is wrong. 900 bitcoin per day x $27000 = 24.3 million per day * 30 days = 729million', '13xyjua'], ['u/karl0525', 16, '2023-06-02 04:18', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmk98av/', 'Got me some Asics going brrrrrr. Does that count?', '13xyjua'], ['u/Skouaire', 12, '2023-06-02 04:34', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmkbak0/', "I have now enough coins.\n\nI'm investing elsewhere.\n\nMy newly acquired house, my newly found buisness, and my collectible car collection.\n\nLife's great, I don't need to be a billionaire after all.", '13xyjua'], ['u/lordsamadhi', 12, '2023-06-02 04:49', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmkd42p/', "I'm doing my part.", '13xyjua'], ['u/willmyfordmakeit', 20, '2023-06-02 04:50', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmkda39/', 'Imagine not buying rn. Whose this guy think he is?', '13xyjua'], ['u/Skouaire', 25, '2023-06-02 05:01', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmkemsp/', "My buisness accepts Bitcoin payments since 1 or 2 years. Something like that.\n\nI own a garage in western Europe. Guess how many times I've been paid in BTC ?\n\nZero.", '13xyjua'], ['u/CupNoodlesKing', 16, '2023-06-02 05:12', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmkfwy8/', 'I have no more money', '13xyjua'], ['u/quityourcunting', 13, '2023-06-02 07:21', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmkt1z6/', 'The only good bug is a dead bug!', '13xyjua'], ['u/WineglassConnisseur', 24, '2023-06-02 07:59', 'https://www.reddit.com/r/Bitcoin/comments/13xyjua/why_arent_yall_stacking/jmkwg0c/', 'I am retarded, so..', '13xyjua'], ['u/Skouaire', 11, '2023-06-02 12:54', 'https://www.red... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Traders work during the opening bell at the New York Stock Exchange (NYSE) on March 13, 2020 at Wall Street in New York City. Johannes Eisele/AFP/Getty Images The Dow soared 700 points to end the week as traders cheered the end of the debt ceiling fight. The Senate voted to send the bill to raise to country\'s borrowing limit for two years to Biden\'s desk. Markets were also encouraged by strong nonfarm payroll data that showed employers added 339,000 jobs in May. US stocks soared on Friday, with markets feeling upbeat about the end of the debt ceiling showdown and a strong May payroll report. The Dow Jones Industrial Average spiked 700 points, or more than 2%, climbing steadily through the session, while the Nasdaq and S&P 500 were each up over 1%. The Senate late Thursday voted to send the bill that would raise the US borrowing limit for two years to President Joe Biden\'s desk to be signed. The move ends weeks of tense negotiations that brought the country to the brink of defaulting on some of its obligations. Treasury Secretary Janet Yellen had warned that the US would run out of cash in early June without raising the debt ceiling. Meanwhile, on Friday morning, markets got a glimpse of the still red-hot labor market. Nonfarm payroll data for May showed that employers added 339,000 jobs last month , blowing past estimates of 180,000. The strong reading could complicate the Federal Reserve\'s approach to fighting inflation, though it was tempered by an increase in the unemployment rate and slower wage gains. Markets have been expecting the Fed to pause raising rates at the upcoming policy meeting this month, but a hot labor market could convince officials to maintain pressure to discourage any resurgence in inflation. As of Friday afternoon, fed fund futures were still showing about 70% odds that the Fed holds off on another rate hike, according to the CME FedWatch Tool. Here\'s where US indexes stood at the 4:00 p.m. ET close on Friday: S&P 500 : 4,282.37, up 1.45% Dow Jones Industrial Average : 33,762.76, up 2.12% (701.19 points) Nasdaq Composite : 13,240.77, up 1.07% Story continues Here\'s what else is happening: Even the biggest winners of the surge in Nvidia\'s stock price are taking some chips off the table as the AI hype train goes into overdrive. Russia\'s foreign minster accused the West of "financial blackmail." The comment comes as the economic bloc known as the BRICS considers adding Saudi Arabia and Iran. Extreme bearishness means that stocks could be facing big gains . Bank of America said this week that when investors are this downbeat, there\'s upside coming. The bank said the S&P 500 could jump 16% in the coming year. In commodities, bonds, and crypto: Oil got a boost from the strong US jobs data. West Texas Intermediate crude jumped 2.75% to $72.03 a barrel. Brent, the international benchmark, rose 2.85% to $76.40. Gold dipped by 1.5% to $1,966 an ounce. The yield on the 10-year US Treasury rose eight basis points to 3.69%. Bitcoin edged up 1.6% to $27,273. Read the original article on Business Insider', '• The Dow soared 700 points to end the week as traders cheered the end of the debt ceiling fight.\n• The Senate voted to send the bill to raise to country\'s borrowing limit for two years to Biden\'s desk.\n• Markets were also encouraged by strong nonfarm payroll data that showed employers added 339,000 jobs in May.\nUS stocks soared on Friday, with markets feeling upbeat about the end of the debt ceiling showdown and a strong May payroll report.\nThe Dow Jones Industrial Average spiked 700 points, or more than 2%, climbing steadily through the session, while the Nasdaq and S&P 500 were each up over 1%.\nThe Senate late Thursday voted to send the bill that would raise the US borrowing limit for two years to President Joe Biden\'s desk to be signed. The move ends weeks of tense negotiations that brought the country to the brink of defaulting on some of its obligations. Treasury Secretary Janet Yellen had warned that the US would run out of cash in early June without raising the debt ceiling.\nMeanwhile, on Friday morning, markets got a glimpse of the still red-hot labor market. Nonfarm payroll data for Mayshowed that employers added 339,000 jobs last month, blowing past estimates of 180,000.\nThe strong reading could complicate the Federal Reserve\'s approach to fighting inflation, though it was tempered by an increase in the unemployment rate and slower wage gains.\nMarkets have been expecting the Fed to pause raising rates at the upcoming policy meeting this month, but a hot labor market could convince officials to maintain pressure to discourage any resurgence in inflation. As of Friday afternoon, fed fund futures were still showing about 70% odds that the Fed holds off on another rate hike, according to the CME FedWatch Tool.\nHere\'s where US indexes stood at the 4:00 p.m. ET close on Friday:\n• S&P 500:4,282.37, up 1.45%\n• Dow Jones Industrial Average:33,762.76, up 2.12% (701.19 points)\n• Nasdaq Composite:13,240.77, up 1.07%\nHere\'s what else is happening:\n• Even the biggest winners of the surge in Nvidia\'s stock price are taking some chips off the tableas the AI hype train goes into overdrive.\n• Russia\'s foreign minster accused the West of "financial blackmail."The comment comes as the economic bloc known as the BRICS considers adding Saudi Arabia and Iran.\n• Extreme bearishness means that stocks could be facing big gains. Bank of America said this week that when investors are this downbeat, there\'s upside coming. The bank said the S&P 500 could jump 16% in the coming year.\nIn commodities, bonds, and crypto:\n• Oil got a boost from the strong US jobs data. West Texas Intermediate crude jumped 2.75% to $72.03 a barrel. Brent, the international benchmark, rose 2.85% to $76.40.\n• Gold dipped by 1.5% to $1,966 an ounce.\n• The yield on the 10-year US Treasury rose eight basis points to 3.69%.\n• Bitcoin edged up 1.6% to $27,273.\nRead the original article onBusiness Insider', 'Dr. John Forsyth, a missing emergency room doctor from Missouri was found dead in Arkansas from an apparent gunshot wound, authorities confirmed Wednesday, May 31, 2023 but they\'re still investigating what happened in the week since he was last seen. Jason Musgrave via AP A doctor in the Ozarks who Forbes called a Bitcoin millionaire went missing in Missouri on May 21. His body was found with an apparent gunshot wound in an Arkansas lake on May 30. Investigators have released few details to his family or the public. A doctor in the Missouri Ozarks went missing for over a week until his body was found in an Arkansas lake. But the case remains mysterious as investigators have released few details to his family or the public. Dr. John Forsyth, 49, was last seen alive on May 21, when security cameras in the parking lot of a public pool in Cassville show him getting into another vehicle after leaving his own car unlocked with his wallet, two phones, a laptop, and other items inside. That\'s according to his brother, Richard Forsyth, who added that the doctor had texted his new fiancée that morning, saying he would see her soon. His car was found later that day. Investigators haven\'t said who was driving the other vehicle. A search began after the emergency room physician didn\'t show up for his May 21 shift at Mercy Hospital in Cassville. There was no sign of Forsyth until a kayaker noticed his body in Arkansas on May 30 at Beaver Lake, some 20 miles from his last known location. His body had an apparent gunshot wound, authorities in Arkansas said. Although Benton County Coroner Daniel Oxford said an autopsy was completed Thursday, the results won\'t be released until the investigation ends. His family rejects any suggestion he took his own life. Richard Forsyth told The Daily Beast that the doctor\'s behavior was unusual. "He wouldn\'t miss a shift even if his eyeballs were hanging out of their sockets," he said. "It was an immediate red flag." Other family members said John Forsyth was a devoted father to his eight kids and seemed happier than he\'d been in a long time. They said he never missed a day of work and would often sleep in an RV outside the hospital when he was on call. Story continues Dr. Forsyth, who studied mathematics as an undergraduate, founded a decentralized cryptocurrency called Onfo, Forbes reported in 2020. "It became obvious to me that math-based currencies (like Bitcoin) would eventually supplant sovereign notes. I mined Bitcoin and Litecoin very early on and held onto them," he told Forbes. "The massive appreciation of those assets allowed me to invest in other cryptocurrency technology which ultimately led to the development of Onfo, a platform that helps people earn money through network mining." Authorities have not said whether they believe Forsyth was killed or took his own life. Initially, when Forsyth\'s empty car was found, investigators said there were no signs of foul play. But that was before the body was found. Shannon Jenkins, the Benton County Sheriff\'s Department spokesperson, said Friday that "there is no immediate threat to the public," but declined to provide more details. She said no further information would be released until the investigation is completed. It\'s also unclear what Forsyth\'s connection might be to the second vehicle seen on the surveillance video. Authorities have not confirmed any information about the video, including if it was taken before or after Forsyth may have texted his fiancée. There\'s also no information on how Forsyth got from Cassville to Beaver Lake, when and where he died, or if investigators have found a weapon. Forsyth was born in Idaho in 1974, according to online records. He was the third of seven children, his sister Gina Forsyth-Farlaino said. Newly engaged, Forsyth was also recently divorced. On May 10 of this year, a judge ordered Forsyth to pay his ex-wife $3,999 in child support a month, plus another $15,000 a mon Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-03 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $527,188,193,400 - Hash Rate: 331093463.8956832 - Transaction Count: 381453.0 - Unique Addresses: 635282.0 Social & AI Sentiment: - Fear & Greed Index: 0.53 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin rebounded above the US$30,000 mark and Ether gained ground on Wednesday morning in Asia after Gary Gensler, the chair of the U.S. Securities and Exchange Commission, was criticized in a congressional hearing for a raft of regulations he plans to introduce, including his approach to cryptocurrencies. All top 10 non-stablecoin tokens gained as Gensler faced pushback over thefines and lawsuitshe has filed against crypto platforms. Polkadot led the winners. U.S. equity futures traded lower in Asia after Wall Street closed flat on Tuesday. See related article:SEC’s Gary Gensler dodges question on whether Ethereum is a security • Bitcoin rose 3.30% to US$30,248 in the 24 hours to 09:00 a.m. in Hong Kong, according toCoinMarketCap data. Despite a dip below the US$30,000 mark this week after the SEC sued the Bittrex exchange, the world’s biggest cryptocurrency with a market capitalization of US$584 billion, has gained more than 80% so far this year. • Ether moved up 1.21% to US$2,100, gaining 11.15% in the past seven days. The world’s second largest cryptocurrency has been fluctuating around the US$2,100 mark in the past five days. Data from on-chain analysis companyCryptoQuantshowed a slump inEthereum-related purchases on crypto exchangesafter the blockchain’s Shanghai upgrade on April 13. • Polkadot led the winners, gaining 3.38% to US$6.89 and adding 7.11% for the week. • In the Congressionalhearingon Tuesday, the SEC’s Gensler said in preparedtestimonythat “the vast majority of crypto tokens are securities” but dodged the question of whether Ether is a security or commodity when asked by Patrick McHenry, Chairman of the House Financial Services Committee. • Ahead of the hearing, all Republicans on the committee, led by McHenry, criticized Gensler in aletteron the SEC’s approach to digital assets, which said “the SEC has forced digital asset market participants into regulatory frameworks that are neither compatible with the underlying technology nor applicable because the firms’ activities do not involve an offering of securities,” and “the only entity to blame for the lack of registrants is the SEC itself.” • XRP rose 3.17% to US$0.5285 for a weekly gain of 2.80%. Ripple Labs, whose crypto payment platform is powered by XRP, is another crypto-related platform in dispute with regulators. TheSEC filed a lawsuitin December 2020 alleging Ripple sold US$1.38 billion in XRP as an unregistered security. The case is still before a U.S. court and a ruling is expected later this year. • The total crypto market capitalization rose 2.29% in the past 24 hours to US$1.28 trillion. The total trading volume over the last 24 hours moved up 5.53% to US$46.85 billion. • In the NFT market, the Forkast 500 NFT index edged up 0.32% to 4,061.33 in the 24 hours to 09:00 a.m. in Hong Kong, a gain of 2.04% for the week. The index is a proxy measure of the performance of the global NFT market and includes 500 eligible smart contracts on any given day. It is managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella. • Theaverage sales priceof NFTs in U.S. dollars has increased in April, rising from around US$110 on April 1 to over US$131 on Wednesday, a move that can be attributed to a general rally in cryptocurrencies, said Yehudah Petscher, an NFT Strategist at Forkast Labs. • U.S. stock futures traded lower to little changed as of 9:00 a.m. in Hong Kong. The Dow Jones Industrial Average dipped 0.11%. The S&P 500 futures inched 0.07% lower. The Nasdaq Composite Index dropped 0.09%. • The three U.S. equity indexes closed mixed on Tuesday. First quarter earnings at U.S. companies are generally better than expected, but Atlanta Federal Reserve PresidentRaphael Bosticand St. Louis Fed PresidentJames Bullardsaid in separate interviews they envisioned interest rate hikes to continue in 2023. • U.S. interest rates are currently between 4.75% to 5%, the highest since June 2006. Analysts at theCME Groupnow see a 15.2% chance the Fed will leave interest rates unchanged at its next meeting on May 3, while 84.8% predict a 25-basis-point increase, up from 84.4% on Tuesday. See related article:U.S. House Financial Services Committee releases draft stablecoin bill for Wednesday hearing... - Reddit Posts (Sample): [['u/Tellin_Truths', "Homelessness - Why it's really happening. Let me know if I miss anything.", 23, '2023-06-03 01:36', 'https://www.reddit.com/r/conspiracy/comments/13ytlsx/homelessness_why_its_really_happening_let_me_know/', 'It\'s all part of the enslavement of humanity.\n\n[https://www.youtube.com/shorts/4Q-dOZCzBSo](https://www.youtube.com/shorts/4Q-dOZCzBSo)\n\n1970\'s - Richard Nixon created the war on drugs in 1971, two weeks after he took the country off the Gold Standard, and then Nixon sent Kissinger to China, also in 1971, to begin moving the U.S. manufacturing to China. Everything points to 1971. Think Nixon, Kissinger, and Kennedy getting offed.\n\n[https://wtfhappenedin1971.com/](https://wtfhappenedin1971.com/)\n\n1980\'s - Ronald Reagan makes Nixon\'s War on Drugs main stream by utilizing Nancy\'s DARE. They put eggs on frying pans and used the phrase, "this is your brain, this is your brain on drugs, any questions," then began flying in drugs (mainly cocaine) from Columbia and Nicaragua. The CIA then turned a good portion of the coke into crack, using the LA Gangs, and had them deliver it to all the major metropolitan centers throughout the U.S. Reagan even gave Barry Seal an airport in Arkansas because Bill Clinton was Governor of Arkansas at the time, and President Bush continued with the whole process after Reagans presidency. This is what set the stage for the increase of the U.S. prison population from under 200,000 in 1971 to over 2,000,000 slaves in custody today. Drugs.\n\n[https://www.youtube.com/watch?v=WBreuW9LLSw](https://www.youtube.com/watch?v=WBreuW9LLSw)\n\n1980\'s - Richard Nixon\'s removal of the gold standard, Paul Volkert\'s raising of the interest rates to 20%, the invention of credit scores, and Ronald Reagan\'s trickle down economics set the stage to make America\'s middle class poorer and poorer while simultaneously creating the environment so the rich could get super fucking rich... and I mean super duper fucking rich.\n\n[https://www.youtube.com/watch?v=LXJRbju5YfE](https://www.youtube.com/watch?v=LXJRbju5YfE)\n\n1990\'s - Bill Clinton made "The Biden Crime Act" law, and went after the kids too, as mass incarceration of adults wasn\'t enough. He wanted kids in prison also. This gave a boost to the For-Profit-Prison-Industrial-Complex and struck a massive blow to the middle class, that were in the process of being systematically transitioned to lower class.\n\n[https://www.youtube.com/watch?v=0DcN6wNKxZA](https://www.youtube.com/watch?v=0DcN6wNKxZA)\n\n1990\'s - Agenda 21 was also created in the 1990\'s by the United Nations and the Rockefeller Foundation. This is the original "Great Reset". Klaus Schwab later came in, partnered with the UN, and became the public front man for UN Agenda 21, but changed it\'s original name to the "Great Reset". This is the reason much of the crazy oppressions kind of stopped in 2021. UN Agenda 2021 was over and UN Agenda 2030 was beginning. The Great Reset.\n\n[https://en.wikipedia.org/wiki/Agenda\\_21](https://en.wikipedia.org/wiki/Agenda_21)\n\n2000\'s - It was now time to go after middle class homes. A guy named Larry Fink worked for Black Stone and created these things called Mortgage Backed Securities. He then started a company called Black Rock when he left Black Stone. In 2007, Jacob Rothschild went to work for Black Stone to oversee the collapse of the US housing market, using Larry Fink\'s Mortgage Backed Securities. When Black Rock collapsed the market, Black Stone created Invitation Homes to buy up all of the financially distressed homes for pennies on the dollar. This was the beginning of the rental economy, as Invitation Homes rented the houses out to the same people they foreclosed on for hundreds of dollars more per month than they were paying to buy their house, and Jacob Rothschild left the Black Stone Board in 2009 after the collapse was complete.\n\n[https://www.youtube.com/watch?v=csRQhz\\_2Ls8](https://www.youtube.com/watch?v=csRQhz_2Ls8)\n\n2000\'s - The 2nd George Bush created the Patriot Act, he said due to the 9/11 World Trade Center Bombing, that they orchestrated. This was to put into law, the rules they deemed necessary to circumvent the U.S. Constitution, and continue whittling away rights to enslave the people. They succeeded. TSA and Homeland Security were created which gave the policing agency\'s vast powers over the people of America. Notice they never gave back the powers. Our rights are still being progressively eroded more and more, and the policing authorities were allotted the ability to attain weapons of war and use them against the American populace.\n\n[https://www.youtube.com/shorts/yNQCBd6DzjE](https://www.youtube.com/shorts/yNQCBd6DzjE)\n\n2010\'s - Bitcoin was created in 2009 as a test for the new financial system, as the bankers were now preparing to collapse the dollar. They needed to test the Blockchain. Elon Musk and Peter Theil probably created Bitcoin, as they created Paypal too. It\'s how Musk originally got rich. So, they tested the block chain by making Bitcoin open source. This allowed all of the most prominent coders of the world to detect weaknesses in the Blockchain, which would eventually become the bedrock of the new slave system, now called Central Bank Digital Currencies (CBDC).\n\n[https://www.youtube.com/watch?v=rpNnTuK5JJU](https://www.youtube.com/watch?v=rpNnTuK5JJU)\n\n2010\'s - Simultaneously, Obama began militarizing the police and they went after everyone. The courts (judges/ prosecuting attorneys) also began recruiting and promoting sociopathic individuals that were dead set on filling up the new For-Profit-Prisons. Guilty or Innocent. Defense attorneys became afraid of the prosecuting attorneys and no longer defended their clients. Mandatory minimum sentencing guidelines were set, and strict indentured servitude requirements were implemented for those released. The infrastructure for the police state was setup and 10% of US males were now under some form of indentured servitude to the state.\n\n[https://www.youtube.com/watch?v=cIqNdnDmix0](https://www.youtube.com/watch?v=cIqNdnDmix0)\n\n2020\'s - Time to implement COVID and take out the small and medium sized businesses to make way for the Public-Private-Partnerships. Public-Private-Partnerships (PPP) will be the basis of Universal Basic Income (UBI). Everyone will be allotted shares of the new PPP\'s which will pay UBI in the form of CBDC\'s. UN Agenda-21 transformed into UN Agenda 2030, which has been rebranded into Klaus Schwab\'s "Great Reset", is now in full effect. Many of the small and medium sized businesses were taken out. Many people died from the virus and the shot. The next step will probably be to collapse the housing market. Militarized Police are dominating everywhere. Those unfortunate souls who get caught in their web have all their worldly possessions stolen from them, and many are forced into homelessness. Homeless people are flooding the streets because of all the shit I just listed... including drugs, felony records, and no hope.\n\n[https://www.youtube.com/watch?v=k6E6zZy0B5M](https://www.youtube.com/watch?v=k6E6zZy0B5M)\n\nYou will own nothing and be happy. Everything you want you\'ll rent.\n\nAKA - Total Slavery.', 'https://www.reddit.com/r/conspiracy/comments/13ytlsx/homelessness_why_its_really_happening_let_me_know/', '13ytlsx', [['u/banditorama', 13, '2023-06-03 01:48', 'https://www.reddit.com/r/conspiracy/comments/13ytlsx/homelessness_why_its_really_happening_let_me_know/jmoihew/', "The big thing you're missing is the gutting of manufacturing jobs over time too. That's what made the middle class originally", '13ytlsx'], ['u/Metalgrowler', 10, '2023-06-03 06:39', 'https://www.reddit.com/r/conspiracy/comments/13ytlsx/homelessness_why_its_really_happening_let_me_know/jmpf5mh/', 'You should add in credit scores which only became a thing in like 1989', '13ytlsx']]], ['u/Coracm41', 'Winklevoss Twins present Prime Minister of Ireland with Bitcoin PEZ Dispenser.', 213, '2023-06-03 02:48', 'https://www.reddit.com/r/Bitcoin/comments/13yv8z8/winklevoss_twins_present_prime_minister_of/', 'Reason being, Gemini has officially announced Ireland for European HQ', 'https://i.redd.it/w55sv0c1ap3b1.jpg', '13yv8z8', [['u/Walla_Walla_26', 30, '2023-06-03 06:45', 'https://www.reddit.com/r/Bitcoin/comments/13yv8z8/winklevoss_twins_present_prime_minister_of/jmpfq68/', 'These fucking guys. I’m surprised they are showing their faces in public. I’d be pissed if my money was still locked up in that Gemini Earn product…. Then again, Mashinsky is walking around free and his platform collapsed completely with everyone’s money', '13yv8z8'], ['u/reasec', 17, '2023-06-03 08:54', 'https://www.reddit.com/r/Bitcoin/comments/13yv8z8/winklevoss_twins_present_prime_minister_of/jmpqa9e/', 'Those two looks like clones from the matrix movie.', '13yv8z8'], ['u/saschofield', 24, '2023-06-03 09:57', 'https://www.reddit.com/r/Bitcoin/comments/13yv8z8/winklevoss_twins_present_prime_minister_of/jmputmd/', 'Hang on, the two most boring billionnaires on the planet are out here gifting PEZ dispensers..?', '13yv8z8'], ['u/Ibite8723', 13, '2023-06-03 16:08', 'https://www.reddit.com/r/Bitcoin/comments/13yv8z8/winklevoss_twins_present_prime_minister_of/jmqr23c/', 'Still more human looking than Zuckerberg,', '13yv8z8']]], ['u/ginevrababy', 'Common scams and tricks that you may find if you sell on Reddit (+ how to stay out of trouble if you post in selling subs)', 66, '2023-06-03 03:14', 'https://www.reddit.com/r/SellerCircleStage/comments/13yvvzb/common_scams_and_tricks_that_you_may_find_if_you/', 'I have been selling since 2020 and I have been scammed a few times too, I have OF only on the side and mainly sell on Reddit because it\'s easier and faster for me.\n\nScammers have become more and more creative and now I have become more careful. Also, it\'s easy to waste time entertaining losers who have no intention buying but get a kic... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["SAN FRANCISCO, CA / ACCESSWIRE / June 3, 2023 / Introducing Reportscammedbitcoin.com is a website that allows users to report crypto losing cases and other wrong crypto transactions while also being able to track cryptocurrency transactions. The site enables users to input a wallet address, transaction ID, or block number to track the transaction. The site also provides an email form to report the details case. ReportScammedBitcoin, Saturday, June 3, 2023, Press release picture The platform has been designed to assist users in tracing stolen or lost bitcoins. This feature becomes a valuable resource for both law enforcement and private individuals seeking to recover lost or stolen cryptocurrency. The most unique feature of reportscammedbitcoin.com is its blockchain explorer. This feature allows users to view all the data associated with a particular address or transaction. Its search engine makes it easy to find specific addresses or transactions. The notifications system alerts users when a keyword or phrase appears in the blockchain. In addition to these features, Reportscammedbitcoin.com also offers an API that enables developers to build applications on top of the site's data. This API gives developers access to all the same data available through the site's web interface, making it possible to create a wide variety of new and innovative tools for tracking cryptocurrency transactions. To use this feature, users need to provide the site with as much information as possible about the transaction that took place. This includes the date and time of the transaction, the addresses involved, and any other relevant details. Then, the platform uses this information to try to track down the transaction on the blockchain. Once the transaction is found, the platform provides the user with information about where the coins were sent next. This information can be used to try to recover the funds. While there are no guarantees of success, it is worth a try if someone has been lost their hard-earned money. Story continues Another great feature is the ability to see all the outgoing and incoming transactions from a particular address. This can be used to identify which services or exchanges has been used, as well as any other addresses they may have used in the past. The site also includes a number of other useful resources, such as a list of common incidents, advice on how to avoid being trapped, and even a forum where users can share information and help each other out. All in all, Reportscammedbitcoin.com is an invaluable resource for anyone who wants to stay safe when using cryptocurrency. Whether individuals are looking to prevent themselves from becoming victims or want to help track down those who have been the victim of this incident, this site is definitely worth checking out. If someone has been the victim, it is very important to track the digital currency first, according to ReportScammedBitcoin 's experts. They can assist in tracking the lost crypto into the complex world of cryptocurrency. One option is to contact the exchange where the money was sent and file a dispute. Many exchanges have policies in place to help victims recover their money. Another option is to contact law enforcement - these types of stealing are considered a type of financial crime, and they may be able to help track down the perpetrators and recover the money. The site has a database of over 2 million addresses associated with known similar cases, and it uses blockchain analysis to help victims track down where their money went. If someone has lost his cryptocurrency, they should definitely check out ReportScammedBitcoin.com - it could be the key to getting their money back. Users can contact the platform through the website form. When they fill out the form with all the details, the platform will contact them and provide a free consultation. During the consultation, they will receive guidance and recommendations for recovery service providers that can help them recover the lost funds. About Company The capability to trace cryptocurrency transactions back to their source is invaluable. Reportscammedbitcoin.com provides a reliable and secure platform that not only makes it easier for users to track their own crypto assets but also assists law enforcement in investigation efforts when tackling money laundering issues. With new data being added every day, this website is certainly set to become an essential resource in helping navigate the increasingly complex landscape of the crypto-sphere with greater accuracy and efficiency. Media Contact Organization: ReportScammedBitcoin Contact Person: Zella Redd Website: https://reportscammedbitcoin.com Email: [email protected] Contact Number: +14809486042 City: San Francisco State: California Country: United States SOURCE: ReportScammedBitcoin View source version on accesswire.com: https://www.accesswire.com/759093/Introducing-reportscammedbitcoincom-The-Platform-for-Tracing-Cryptocurrency-Transactions-and-Restoring-Lost-Assets", "SAN FRANCISCO, CA / ACCESSWIRE / June 3, 2023 /Introducing Reportscammedbitcoin.com is a website that allows users to report crypto losing cases and other wrong crypto transactions while also being able to track cryptocurrency transactions. The site enables users to input a wallet address, transaction ID, or block number to track the transaction. The site also provides an email form to report the details case.\nThe platform has been designed to assist users in tracing stolen or lost bitcoins. This feature becomes a valuable resource for both law enforcement and private individuals seeking to recover lost or stolen cryptocurrency.\nThe most unique feature of reportscammedbitcoin.com is its blockchain explorer. This feature allows users to view all the data associated with a particular address or transaction. Its search engine makes it easy to find specific addresses or transactions. The notifications system alerts users when a keyword or phrase appears in the blockchain.\nIn addition to these features,Reportscammedbitcoin.comalso offers an API that enables developers to build applications on top of the site's data. This API gives developers access to all the same data available through the site's web interface, making it possible to create a wide variety of new and innovative tools for tracking cryptocurrency transactions.\nTo use this feature, users need to provide the site with as much information as possible about the transaction that took place. This includes the date and time of the transaction, the addresses involved, and any other relevant details.\nThen, the platform uses this information to try to track down the transaction on the blockchain. Once the transaction is found, the platform provides the user with information about where the coins were sent next. This information can be used to try to recover the funds. While there are no guarantees of success, it is worth a try if someone has been lost their hard-earned money.\nAnother great feature is the ability to see all the outgoing and incoming transactions from a particular address. This can be used to identify which services or exchanges has been used, as well as any other addresses they may have used in the past. The site also includes a number of other useful resources, such as a list of common incidents, advice on how to avoid being trapped, and even a forum where users can share information and help each other out.\nAll in all, Reportscammedbitcoin.com is an invaluable resource for anyone who wants to stay safe when using cryptocurrency. Whether individuals are looking to prevent themselves from becoming victims or want to help track down those who have been the victim of this incident, this site is definitely worth checking out.\nIf someone has been the victim, it is very important to track the digital currency first, according toReportScammedBitcoin's experts. They can assist in tracking the lost crypto into the complex world of cryptocurrency.\nOne option is to contact the exchange where the money was sent and file a dispute. Many exchanges have policies in place to help victims recover their money. Another option is to contact law enforcement - these types of stealing are considered a type of financial crime, and they may be able to help track down the perpetrators and recover the money.\nThe site has a database of over 2 million addresses associated with known similar cases, and it uses blockchain analysis to help victims track down where their money went. If someone has lost his cryptocurrency, they should definitely check out ReportScammedBitcoin.com - it could be the key to getting their money back.\nUsers can contact the platform through the website form. When they fill out the form with all the details, the platform will contact them and provide a free consultation. During the consultation, they will receive guidance and recommendations for recovery service providers that can help them recover the lost funds.\nAbout Company\nThe capability to trace cryptocurrency transactions back to their source is invaluable. Reportscammedbitcoin.com provides a reliable and secure platform that not only makes it easier for users to track their own crypto assets but also assists law enforcement in investigation efforts when tackling money laundering issues. With new data being added every day, this website is certainly set to become an essential resource in helping navigate the increasingly complex landscape of the crypto-sphere with greater accuracy and efficiency.\nMedia ContactOrganization: ReportScammedBitcoinContact Person: Zella ReddWebsite:https://reportscammedbitcoin.comEmail:[email protected] Number: +14809486042City: San FranciscoState: CaliforniaCountry: United States\nSOURCE:ReportScammedBitcoin\nView source version on accesswire.com:https://www.accesswire.com/759093/Introducing-reportscammedbitcoincom-The-Platform-for-Tracing-Cryptocurrency-Transactions-and-Re Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-04 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $528,256,126,500 - Hash Rate: 376937174.2812394 - Transaction Count: 364020.0 - Unique Addresses: 588801.0 Social & AI Sentiment: - Fear & Greed Index: 0.52 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: With a price-to-sales (or "P/S") ratio of 0.1x Bitcoin Well Inc. ( CVE:BTCW ) may be sending very bullish signals at the moment, given that almost half of all the Software companies in Canada have P/S ratios greater than 2.7x and even P/S higher than 9x are not unusual. However, the P/S might be quite low for a reason and it requires further investigation to determine if it's justified. Check out our latest analysis for Bitcoin Well ps-multiple-vs-industry How Has Bitcoin Well Performed Recently? For example, consider that Bitcoin Well's financial performance has been poor lately as its revenue has been in decline. One possibility is that the P/S is low because investors think the company won't do enough to avoid underperforming the broader industry in the near future. If you like the company, you'd be hoping this isn't the case so that you could potentially pick up some stock while it's out of favour. We don't have analyst forecasts, but you can see how recent trends are setting up the company for the future by checking out our free report on Bitcoin Well's earnings, revenue and cash flow. Is There Any Revenue Growth Forecasted For Bitcoin Well? The only time you'd be truly comfortable seeing a P/S as depressed as Bitcoin Well's is when the company's growth is on track to lag the industry decidedly. In reviewing the last year of financials, we were disheartened to see the company's revenues fell to the tune of 42%. Spectacularly, three year revenue growth has ballooned by several orders of magnitude, despite the drawbacks experienced in the last 12 months. Therefore, it's fair to say the revenue growth recently has been superb for the company, but investors will want to ask why it is now in decline. Comparing that recent medium-term revenue trajectory with the industry's one-year growth forecast of 19% shows it's noticeably more attractive. In light of this, it's peculiar that Bitcoin Well's P/S sits below the majority of other companies. Apparently some shareholders believe the recent performance has exceeded its limits and have been accepting significantly lower selling prices. Story continues The Final Word While the price-to-sales ratio shouldn't be the defining factor in whether you buy a stock or not, it's quite a capable barometer of revenue expectations. Our examination of Bitcoin Well revealed its three-year revenue trends aren't boosting its P/S anywhere near as much as we would have predicted, given they look better than current industry expectations. Potential investors that are sceptical over continued revenue performance may be preventing the P/S ratio from matching previous strong performance. At least price risks look to be very low if recent medium-term revenue trends continue, but investors seem to think future revenue could see a lot of volatility. Having said that, be aware Bitcoin Well is showing 5 warning signs in our investment analysis, you should know about. If you're unsure about the strength of Bitcoin Well's business , why not explore our interactive list of stocks with solid business fundamentals for some other companies you may have missed. 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 Youll 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... - Reddit Posts (Sample): [['u/Status_Floor1746', 'DOT vs ATOM', 36, '2023-06-04 00:26', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/', ' I have recently decided to try and branch out from the two main cryptos I own (BTC and ETH). While other projects have recently caught my eye I have decided that this time I would like to focus on blockchains that specialize in scalability. Since I came into some unexpected crypto via an airdrop and since then have not touched it yet want to move out of the token I wanted to first come here and see what people thought. It is my understanding that the two leaders in this scalability space are Polkadot and Cosmos (DOT and ATOM). Before I deep dive into the two I wanted to see what the community here thought about the two and which blockchain would you want to invest in and why would that be?', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/', '13zrvmc', [['u/Cold-Speech1325', 20, '2023-06-04 00:31', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/jmsmonr/', 'This sub said DOT is good so it must be good.', '13zrvmc'], ['u/the_spiritual_eye', 65, '2023-06-04 00:38', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/jmsnlp8/', 'You have no idea about the war you just started here.', '13zrvmc'], ['u/Odlavso', 40, '2023-06-04 00:42', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/jmso4s3/', 'Cosmos seems to a more active community and also more things going on. \n \nDOT supposedly has a lot going on in the background. \n \nMy ATOM bag is holding up better than my DOT bag price wise', '13zrvmc'], ['u/0ne_too', 15, '2023-06-04 01:04', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/jmsqs9a/', "I'm biased as hell, i love Cosmos. Love the wallet, love the app chains, love the community despite the high DPS(drama per second), love the tech stack, love what's coming in the near to not so near future, love some of the devs/validators, some not so much. Love being able to move my assets around with IBC, which is a communications protocol not a bridge, for pennies or less. \n\nLove the fact that Cosmos ships. We passed the vote to build Interchain Security last July and ICS just went live last month. Less than a year for a pretty significant upgrade to Atom. \n\nI really like being able to know and chose who i delegate(stake) to. And being able to re-delegate if I don't feel aligned with them anymore. \n\nI could go on. \n\nI have a bag of dot staking. Talisman is fine. Stellaswap is ok. Acala is a shitshow. Japan is carrying Astar which is fine good for them. Auctions are not it. I really don't like the...lets call it phraseology of Polkadot. They make things way harder than they need to be imo. And i don't run into this anywhere other than Dot really. \n\nDot is fine. It's not for me. If it's your lane and you're happy with your investments in Dot and the dot ecosystem then it's all good.", '13zrvmc'], ['u/Odlavso', 14, '2023-06-04 01:19', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/jmsspol/', "I've honestly been thinking of selling my DOT bag and going all in on ATOM. DOT staking is so much more complicated and I hate not seeing my balance in my wallet by using pools. ATOM is much easier and with the extra staking rewards coming soon from the consumer chains it seems like the better move.", '13zrvmc'], ['u/Octopus-Pawn', 14, '2023-06-04 01:35', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/jmsuqq5/', 'Since they both lean on the principle of interoperability and anticipate a multi-coin future, I can’t see why they can’t both thrive in the future. They are both excellent projects.', '13zrvmc'], ['u/in_hodl_we_trust', 12, '2023-06-04 01:41', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/jmsvdgm/', 'I highly recommend using both before deciding.', '13zrvmc'], ['u/MakeItRelevant', 27, '2023-06-04 02:07', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/jmsym11/', 'Polkadot is a bit more radical in its approach to connecting different blockchains, while Cosmos offers a more structured and organized framework for interoperability. I have both, but more DOT especially because of Substrate itself.', '13zrvmc'], ['u/Potential_Nerve_3779', 10, '2023-06-04 03:56', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/jmtbcia/', 'By radical do you mean confusing the lacking any smart considerations?', '13zrvmc'], ['u/Spicoli007', 20, '2023-06-04 06:12', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/jmtpxb5/', "Lol! So right. So I'm going to fire away. ATOM :)", '13zrvmc'], ['u/BetterNotLouder', 11, '2023-06-04 08:42', 'https://www.reddit.com/r/CryptoCurrency/comments/13zrvmc/dot_vs_atom/jmu2klo/', 'Firing back with rapid fire: dot, dot, dot, dot, dot', '13zrvmc']]], ['u/Affectionate-Dig4280', 'Just got scammed', 11, '2023-06-04 01:48', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/', 'I am thought that if there is a SD out there that him and I had mutual benefits that I would be okay. Turns out to be called a romance scam. So from one struggling momma that was interested in sugar dating is it real?\n\nSo the scam was incase you don’t want to run through the comments: He and I met online and was suppose to meet when he got off a cruise ship that he told me he works on. He paid my cellphone bill so we can continue to talk (which is now getting shit off) then I thought he was a real guy for paying that and he asked for my bank account and log in. He deposited $5000 3 times without talking to me. Had me transfer $2700 over to cashapp and send him bitcoinns. Mean while I was waiting for the rest to clear it never did.', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/', '13zu3fv', [['u/SugarBabyVet', 19, '2023-06-04 02:29', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmt1a26/', 'Yes that a scam. \n\nNo man is going to meet you off of the internet and ask for your banking information to give you money. \n\nNo SD is going to ask you to send him money. \n\nTake a step out of the bowl and spend some time reading this forum.', '13zu3fv'], ['u/Vivid-Leader-3409', 75, '2023-06-04 03:01', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmt505e/', 'You never give your log in for anyone c’mon this is common sense, please go change your logging info, call your bank', '13zu3fv'], ['u/JustAGoodGuy1080', 33, '2023-06-04 03:21', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmt7bhu/', "I love my kids with all my heart and trust them, unquestionably.\n\nThey don't have access to my banking info.", '13zu3fv'], ['u/LearnDifferenceBot', 31, '2023-06-04 03:21', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmt7e09/', 'Bye TwerkingAvocado. Have fun continuing to use common words incorrectly!', '13zu3fv'], ['u/sdsf9', 15, '2023-06-04 03:31', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmt8gz1/', 'burn!', '13zu3fv'], ['u/BinghamtonSD', 14, '2023-06-04 03:40', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmt9hsp/', "I've never seen a reddit bot with such attitude!", '13zu3fv'], ['u/Vivid-Leader-3409', 36, '2023-06-04 03:48', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmtafhl/', 'How are you in the military and don’t know about not sharing your login info is beyond me but- please for the love of god, even if he pays for a new house, you never share your login info..', '13zu3fv'], ['u/SeekingInToronto', 13, '2023-06-04 03:56', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmtbafp/', 'Omg, this is the thing that made me laugh the hardest today. 😂', '13zu3fv'], ['u/SpaceGuy1968', 17, '2023-06-04 04:12', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmtd2ff/', 'Yep\nIt\'s called an "overpayment scam"\n\n[overpayment scam](https://www.doj.nh.gov/consumer/dont-cash-that-check/check-overpayment.htm)', '13zu3fv'], ['u/ThinAvocadoToast', 27, '2023-06-04 05:32', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmtltwi/', '“Works on a cruise ship”\n\n= poor.\n\nNever mind giving out your bank account info. Sorry OP', '13zu3fv'], ['u/Frank9567', 24, '2023-06-04 07:20', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmtw26s/', "It's not restricted to this lifestyle. It is a common scam elsewhere too.", '13zu3fv'], ['u/guerreradevida', 36, '2023-06-04 08:09', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmtzzo7/', 'Not even about the lifestyle at all, just basic common sense', '13zu3fv'], ['u/Dear_Arachne', 23, '2023-06-04 09:00', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmu3xqr/', "Right? I'm sympathetic but goddamn, you don't just give someone your bank account login, ever. That shit not only has all your money, but also your full name, address, and spending habits & locations. Maybe okay if you're married but even then it's situational. Then immediately asking her to send some back too?? Come on. Get out of the bowl if you're this clueless about money and safety.", '13zu3fv'], ['u/KinkyFemdomme845', 10, '2023-06-04 12:57', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmul39h/', 'I don’t feel bad for you. This scam is ALL OVER the news, Social media, talked about every day!!! You are either lying or really really really really slow. If you can work Reddit you saw this scam before!', '13zu3fv'], ['u/BigMagnut', 14, '2023-06-04 13:57', 'https://www.reddit.com/r/sugarlifestyleforum/comments/13zu3fv/just_got_scammed/jmuq6el/', 'You are not cut out for this ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Jack Dorsey, Twitter’s cofounder and former CEO, has endorsed Democratic presidential contender Robert F. Kennedy, Jr. More from Fortune: 5 side hustles where you may earn over $20,000 per year—all while working from home Looking to make extra cash? This CD has a 5.15% APY right now Buying a house? Here\'s how much to save This is how much money you need to earn annually to comfortably buy a $600,000 home On Sunday, the influential tech billionaire tweeted a Fox News YouTube video entitled “Robert F. Kennedy, Jr. argues he can beat Trump and DeSantis in 2024” writing, “He can and will.” Asked whether he was endorsing or predicting, he replied , “Both.” Kennedy, a nephew of President John F. Kennedy and the son of his slain brother Robert F. Kennedy, is like Dorsey a strong believer in Bitcoin, which he recently described as an “exercise in democracy.” Last month, Kennedy delivered a well-received keynote address at a Bitcoin conference in Miami. He called Bitcoin a “bulwark” against “government and corporate expansion and intrusion.” “As president, I will make sure that your right to hold and use Bitcoin is inviolable," he added. He pledged to defend the right of self-custody of Bitcoin and other digital assets. “You should be able to own your own private keys, the same as you own the keys to your car or own your wallet…I don’t think the government has the right to demand access to your Bitcoin key or indeed any of your passwords. To say otherwise to cede essential territory to surveillance state.” An anti-vaccine activist, Kennedy frequently and controversially attacked Anthony Fauci, former director of the National Institute of Allergy and Infectious Diseases, over the way he handled the pandemic, accusing him of orchestrating “fascism” and writing a book on the topic. When a Twitter user commented there was “not a chance the DNC [Democratic National Committee] allows him to be nominated,” Dorsey replied , "Even more reason.” He later added that the DNC “seems more irrelevant by the day” and wrote “end of an empire,” to which Tesla CEO and current Twitter owner Elon Musk replied with two fire emoji. Story continues Earlier on Sunday, Musk tweeted that he’ll host Kennedy in the Twitter Spaces audio platform on Monday afternoon. Dorsey replied to that by writing, “Excellent.” The event came together quickly, with Musk asking Kennedy Friday on Twitter, “Would you like to do a Spaces discussion with me next week?” Kennedy replied in the affirmative, and Dorsey chimed in , “This would be great.” Twitter Spaces also figured large in politics last month, when Republican Florida governor Ron DeSantis announced his presidential bid there, although technical glitches marred the event . On Friday evening, Musk tweeted , "System is being upgraded & stress-tested in advance of @RobertKennedyJr interview on Monday.” When a Twitter user commented that Kennedy’s shaky voice is “an issue,” Dorsey replied by calling it a “super power,” saying it sets the candidate apart. This story was originally featured on Fortune.com More from Fortune: 5 side hustles where you may earn over $20,000 per year—all while working from home Looking to make extra cash? This CD has a 5.15% APY right now Buying a house? Here\'s how much to save This is how much money you need to earn annually to comfortably buy a $600,000 home', 'Jack Dorsey, Twitter’s cofounder and former CEO, has endorsed Democratic presidential contender Robert F. Kennedy, Jr.\nMore from Fortune:5 side hustles where you may earn over $20,000 per year—all while working from homeLooking to make extra cash? This CD has a 5.15% APY right nowBuying a house? Here\'s how much to saveThis is how much money you need to earn annually to comfortably buy a $600,000 home\nOn Sunday, the influential tech billionairetweetedaFoxNews YouTubevideoentitled “Robert F. Kennedy, Jr. argues he can beat Trump and DeSantis in 2024” writing, “He can and will.”\nAsked whether he was endorsing or predicting, hereplied, “Both.”\nKennedy, a nephew of President John F. Kennedy and the son of his slain brother Robert F. Kennedy, is like Dorsey a strong believer in Bitcoin, which he recentlydescribed asan “exercise in democracy.”\nLast month, Kennedy delivered a well-receivedkeynote addressat a Bitcoin conference in Miami. He called Bitcoin a “bulwark” against “government and corporate expansion and intrusion.”\n“As president, I will make sure that your right to hold and use Bitcoin is inviolable," he added.\nHe pledged to defend the right of self-custody of Bitcoin and other digital assets. “You should be able to own your own private keys, the same as you own the keys to your car or own your wallet…I don’t think the government has the right to demand access to your Bitcoin key or indeed any of your passwords. To say otherwise to cede essential territory to surveillance state.”\nAn anti-vaccine activist, Kennedy frequently andcontroversiallyattacked Anthony Fauci, former director of the National Institute of Allergy and Infectious Diseases, over the way he handled the pandemic, accusing him of orchestrating “fascism” and writing abookon the topic.\nWhen a Twitter user commented there was “not a chance the DNC [Democratic National Committee] allows him to be nominated,” Dorseyreplied, "Even more reason.” He lateraddedthat the DNC “seems more irrelevant by the day” and wrote “end of an empire,” to whichTeslaCEO and current Twitter owner Elon Muskreplied withtwo fire emoji.\nEarlier on Sunday, Musktweetedthat he’ll host Kennedy in the Twitter Spaces audio platform on Monday afternoon. Dorseyrepliedto that by writing, “Excellent.”\nThe event came together quickly, with MuskaskingKennedy Friday on Twitter, “Would you like to do a Spaces discussion with me next week?” Kennedyrepliedin the affirmative, and Dorseychimed in, “This would be great.”\nTwitter Spaces also figured large in politics last month, when Republican Florida governor Ron DeSantis announced his presidential bid there, although technical glitchesmarred the event.\nOn Friday evening, Musktweeted, "System is being upgraded & stress-tested in advance of @RobertKennedyJr interview on Monday.”\nWhen a Twitter user commented that Kennedy’s shaky voice is “an issue,” Dorseyrepliedby calling it a “super power,” saying it sets the candidate apart.\nThis story was originally featured onFortune.com\nMore from Fortune:5 side hustles where you may earn over $20,000 per year—all while working from homeLooking to make extra cash? This CD has a 5.15% APY right nowBuying a house? Here\'s how much to saveThis is how much money you need to earn annually to comfortably buy a $600,000 home', 'Jack Dorsey, Twitter’s cofounder and former CEO, has endorsed Democratic presidential contender Robert F. Kennedy, Jr.\nMore from Fortune:5 side hustles where you may earn over $20,000 per year—all while working from homeLooking to make extra cash? This CD has a 5.15% APY right nowBuying a house? Here\'s how much to saveThis is how much money you need to earn annually to comfortably buy a $600,000 home\nOn Sunday, the influential tech billionairetweetedaFoxNews YouTubevideoentitled “Robert F. Kennedy, Jr. argues he can beat Trump and DeSantis in 2024” writing, “He can and will.”\nAsked whether he was endorsing or predicting, hereplied, “Both.”\nKennedy, a nephew of President John F. Kennedy and the son of his slain brother Robert F. Kennedy, is like Dorsey a strong believer in Bitcoin, which he recentlydescribed asan “exercise in democracy.”\nLast month, Kennedy delivered a well-receivedkeynote addressat a Bitcoin conference in Miami. He called Bitcoin a “bulwark” against “government and corporate expansion and intrusion.”\n“As president, I will make sure that your right to hold and use Bitcoin is inviolable," he added.\nHe pledged to defend the right of self-custody of Bitcoin and other digital assets. “You should be able to own your own private keys, the same as you own the keys to your car or own your wallet…I don’t think the government has the right to demand access to your Bitcoin key or indeed any of your passwords. To say otherwise to cede essential territory to surveillance state.”\nAn anti-vaccine activist, Kennedy frequently andcontroversiallyattacked Anthony Fauci, former director of the National Institute of Allergy and Infectious Diseases, over the way he handled the pandemic, accusing him of orchestrating “fascism” and writing abookon the topic.\nWhen a Twitter user commented there was “not a chance the DNC [Democratic National Committee] allows him to be nominated,” Dorseyreplied, "Even more reason.” He lateraddedthat the DNC “seems more irrelevant by the day” and wrote “end of an empire,” to whichTeslaCEO and current Twitter owner Elon Muskreplied withtwo fire emoji.\nEarlier on Sunday, Musktweetedthat he’ll host Kennedy in the Twitter Spaces audio platform on Monday afternoon. Dorseyrepliedto that by writing, “Excellent.”\nThe event came together quickly, with MuskaskingKennedy Friday on Twitter, “Would you like to do a Spaces discussion with me next week?” Kennedyrepliedin the affirmative, and Dorseychimed in, “This would be great.”\nTwitter Spaces also figured large in politics last month, when Republican Florida governor Ron DeSantis announced his presidential bid there, although technical glitchesmarred the event.\nOn Friday evening, Musktweeted, "System is being upgraded & stress-tested in advance of @RobertKennedyJr interview on Monday.”\nWhen a Twitter user commented that Kennedy’s shaky voice is “an issue,” Dorseyrepliedby calling it a “super power,” saying it sets the candidate apart.\nThis story was originally featured onFortune.com\nMore from Fortune:5 side hustles where you may earn over $20,000 per year—all while working from homeLooking to make extra cash? This CD has a 5.15% APY right nowBuying a house? Here\'s how much to saveThis is how much money you need to earn annually to comfortably buy a $600,000 home', 'Bitcoin traded little changed on Mond Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-05 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $519,685,609,725 - Hash Rate: 351468446.2892638 - Transaction Count: 359254.0 - Unique Addresses: 610475.0 Social & AI Sentiment: - Fear & Greed Index: 0.53 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Binary Guardian Denver, CO, May 03, 2023 (GLOBE NEWSWIRE) -- Binary Guardian is one of the fastest growing online binary brands in the world. Voted the best crypto binary platform. The mission is to provide the most innovative binary experience. Also, binary guardian aims to deliver a first-class experience to digitally inclined traders, regardless of the size of their accounts. First founded in 2022 by a team of talented IT and FinTech specialists who wanted to prove that people dont need to compromise to earn on binary options, Binary Guardian has grown massively and now has over expanding members in 14 countries and counting! The platform is constantly working to ensure it is fast, accurate, and easy to use. INTRODUCING INSURED TRADE PLAN Over the past decade, since the internet debut of Bitcoin, cryptocurrency trading has become increasingly popular. Cryptocurrencies are digital coins which are created using blockchain or peer-to-peer technology that uses cryptography for security. Binary Guardian is offering multi-pairs of trending crypto around the world. As an API partner with world-recognized exchanges Binance and Trade View, the platform provides 24/7 Real-time Live Market Data, timely and accurate price charts, advanced charting tools, and more. Binary Guardian is now proudly presenting Insured Trade Plan for every trader. Traders can now trade and earn a fixed trading revenue daily by subscribing to the Insured Trading Plan. This Insurance plan covers every premium loss within 6 trades. Hence, traders can enjoy 0% risk of losing capital and navigate to maximise their trading profit. Varying degrees of coverage for different levels of hedging. SAFE AND TRUSTWORTHY PLATFORM As a regulated platform, Binary Guardian operates in a highly regulated environment, complying with relevant regulations and standards to ensure the safety of traders. Trust, transparency, and accountability always drive greater business impact. Binary Guardian has been regulated with MSB licences from the US Department of Treasury and is certified in good standing by the Colorado Secretary of State. We are ensuring compliance with all relevant rules and regulations under the supervision of the Financial Crimes Enforcement Network (FinCen) as well. Story continues In conclusion, Binary Guardian strives to provide innovative financial solutions to give users the edge they need in trading. Traders with absolute confidence and beat the market. Unleash a traders trading potential like never before. CONTACT: KIN JACK BINARY GUARDIAN CO., LTD hello-at-binaryguardian.io... - Reddit Posts (Sample): [['u/JerSucks', 'ITZY Weekly Discussion & Recap for May 29, 2023 - June 4, 2023', 18, '2023-06-05 00:23', 'https://www.reddit.com/r/ITZY/comments/140slrn/itzy_weekly_discussion_recap_for_may_29_2023_june/', '#Weekly Recap for May 29, 2023 - June 4, 2023\n\nWelcome to the r/ITZY Weekly Discussion & Recap!\n\nIn this thread we compile everything [ITZY](https://i.imgur.com/NecZAIu.jpg) has done this week for people who can\'t quite keep up with it all!\n\nThis post now also serves as our Weekly MIDZY Discussion Thread! That means this is an anything goes discussion thread. Feel free to talk about anything you\'d like with other MIDZY! All we ask is that you keep it safe for work!\n\n---\n\nCHESHIRE Era Stream Links \| \n\|--\|\n[Cheshire Music Video](https://youtu.be/zugAhfd2r0g) \|\n[Boys Like You Music Video](https://youtu.be/6uZy86ePgO0) \|\n[CHESHIRE on Spotify](https://open.spotify.com/album/2a1ezg7hE6Dyuymv1aCnkm?si=a55f8f9a8d734954) \|\n[CHESHIRE Album Discussion Thread](https://redd.it/z8ml5g)\n\n--\n\nLia - One Hundred Love (Romantic Doctor 3 OST Part.5) \|\n\|--\|\n[One Hundred Love](https://youtu.be/sQlaermnufs) \|\n[One Hundred Love (Making Ver.)](https://youtu.be/iphcBamQrjI) \|\n[On Hundred Love on Spotify](https://open.spotify.com/album/3tbF7tfZeQa9WnXmpclfiF?si=-RBgXMl7Q-OphBTcWJSXiw) \|\n\n--\n\nBlah Blah Blah Stream Links \| \n\|--\|\n[Blah Blah Blah Music Video](https://youtu.be/F-QTb-0wRGk) \|\n[Can\'t tie me down](https://www.youtube.com/watch?v=KHr4VVzE3zQ) \|\n[Blah Blah Blah on Spotify](https://open.spotify.com/track/5wOWpaKW92jhcm8pBOlrdR) \|\n\n\n\n---\n\n#Megathreads\n\n\|Thread\|\n--\|--\n\| [The First Album "CRAZY IN LOVE" (Era Recap)](https://redd.it/vnc53q)\n\| [The 1st World Tour "CHECKMATE" in North America (Megathread)](https://www.reddit.com/r/ITZY/comments/vng6x6/itzy_the_1st_world_tour_checkmate_in_north/)\n\| [The 1st World Tour "CHECKMATE" in SEA Megathread](https://redd.it/yqycl9)\n\| [The 6th Mini Album "CHESHIRE" (Pre-order Guide)](https://www.reddit.com/r/ITZY/comments/ysmu3k/itzy_the_6th_mini_album_cheshire_preorder_guide/)\n\n\n\n---\n\n##Teasers\n\nDate \| Title / Link \| Thread\n\|--\|--\|--\n230531 \| [ITZY - The 1st World Tour in Seoul (DVD & Blu-ray Preview)](https://youtu.be/p-nVyaIFGg8) \| [Thread](https://redd.it/13w7tl3)\n\n\n---\n\n##Social Media\n\n*Twitter\n\nDate \| Title / Link \| Thread\n\|--\|--\|--\n230531 \| [ITZY - The 1st World Tour in Seoul (Pre-order & Packaging)](https://twitter.com/ITZYofficial/status/1663726996185309184) \| [Thread](https://redd.it/13w95rf)\n230531 \| [Lia & Chaeryeong - 📻 ITZY <Buddy Date> 📻 🎙 DJ & Corner Notification of the Week](https://twitter.com/ITZYofficial/status/1663832701898485760) \| [Thread](https://redd.it/13wjuju)\n230602 \| [Lia & Chaeryeong - ITZY <Buddy Date> - Guessing each other\'s quiz 🙋 #CHERRY](https://twitter.com/ITZYofficial/status/1664557479873896448) \| [Thread](https://redd.it/13y829t)\n230602 \| [Lia & Chaeryeong - Playlist of today\'s <Buddy Date> DJ #CHERRY💕](https://twitter.com/ITZYofficial/status/1664565016748515328) \| [Thread](https://redd.it/13y82kx)\n230604 \| [Chaeryeong - B-DAY TRACK #65 “CHAERYEONG” (Teaser)](https://twitter.com/ITZYofficial/status/1665282243252879365) \| [Thread](https://redd.it/1406y2n)\n230605 \| [Happy Chaeryeong Day!](https://twitter.com/ITZYofficial/status/1665372841431420929) \| [Thread](https://redd.it/140gxsm)\n\nInstagram\n\nDate \| Title / Link \| Thread\n\|--\|--\|--\n230528 \| [Yuna Update](https://www.instagram.com/p/CsxjvH9SNFW) \| [Thread](https://redd.it/13ts4gm)\n230530 \| [Yuna Update](https://www.instagram.com/p/Cs2szfny82p/?hl=en)) \| [Thread](https://redd.it/13vi9p2)\n\n\nMisc SNS\n\nDate \| Title / Link \| Thread\n\|--\|--\|--\n230528 \| [BOY STORY Douyin Update with Yeji & Ryujin - 哈?!(What’s Poppin) Challenge](https://v.redd.it/dipff9fydm2b1) \| [Thread](https://redd.it/13u87zs)\n230529 \| [kutv.official Instagram Update with ITZY [1]](https://www.instagram.com/p/Cs0HKDrPA3X) \| [Thread](https://redd.it/13usnx3)\n230529 \| [kutv.official Instagram Update with ITZY [2]](https://www.instagram.com/p/Cs0FCbqvU59) \| [Thread](https://redd.it/13usnx3)\n\n\n---\n\n##Videos\n\n\nOfficial Videos (kr)\n\nDate \| Title / Link \| Thread\n\|--\|--\|--\n230528 \| [Lia - One Hundred Love (Romantic Doctor 3 OST Part.5)](https://youtu.be/sQlaermnufs) \| [Thread](https://redd.it/13v4s7w)\n230530 \| [ITZY? ITZY! EP.137](https://youtu.be/g_B35gcN1nY) \| [Thread](https://redd.it/13vl311)\n230601 \| [IT\'z TOUR BOOK EP.22](https://youtu.be/rhPaO_sxIpA) \| [Thread](https://redd.it/13xci4o)\n230602 \| [Buddy Date EP.09 (Lia & Chaeryeong)](https://youtu.be/dUW4zqgsmKU) \| [Thread](https://redd.it/13y7n2f)\n230605 \| [Chaeryeong - Blueming (Orig. IU)](https://youtu.be/BxZSa6rcctU) \| [Thread](https://redd.it/140fmm5)\n\n---\n\n\n###Member Subs - r/Yeji - r/ChoiJisu - r/Ryujin - r/Chaeryeong - r/Yuna\n \n###Memes & Media Subs - r/itzymemes - /r/MIDZY \n\n##Subreddit Links & Info\n\n[Last weeks Recap](https://redd.it/13uk99m)\n\n[Weekly Recap Archive](https://www.reddit.com/r/ITZY/wiki/recap)\n\n[Variety Appearance Archive](https://www.reddit.com/r/ITZY/wiki/variety)\n\n[Performance Archive](https://www.reddit.com//r/ITZY/wiki/music-shows)\n\n[V LIVE Archive](https://www.reddit.com//r/ITZY/wiki/vlive)\n\n[Discography](https://www.reddit.com//r/ITZY/wiki/discography)\n\n---\n\n##[ITZY Discord](https://discord.gg/kxWER8p)', 'https://www.reddit.com/r/ITZY/comments/140slrn/itzy_weekly_discussion_recap_for_may_29_2023_june/', '140slrn', [['u/satomatic', 12, '2023-06-05 03:16', 'https://www.reddit.com/r/ITZY/comments/140slrn/itzy_weekly_discussion_recap_for_may_29_2023_june/jmxn6zu/', 'anyone think the next project will feature itzy writing credits? it’s long overdue and i know at least some, if not all, the members have been writing and composing when they have a free moment. \n\nitzy is at a point in time where they really deserve to be contributing to their own material and it would be a new element for the fanbase to appreciate.', '140slrn']]], ['u/SufficientDrink187', '5 Bitcoin to retire in 2025?', 94, '2023-06-05 01:15', 'https://www.reddit.com/r/Bitcoin/comments/140u4f0/5_bitcoin_to_retire_in_2025/', 'I was discussing today with a few fellow bitcoiners about the 2024/2025 possible halving outcome, and the purchasing power of bitcoin enough to retire (lean fire, nothing to fancy, just stop working and replace income with bitcoin selling each month) at 35/40.\n\nWe calculated an aproximate of 2M needed to retire living a frugal life. Giving we are pretty young, but we would ONLY sell the needed sats to survive each month, the remaining stash would appreciate over time.\n\nSome said 3 would be enough, others said 5, others said 8-10, and the most pessimistic one said 50 btc.\n\nI said 8. I think 250k is a real possibility, so 8 would give the 2M usd needed.\n\nI wanted to add a few more opinions about this. Given this conditions, how many you think would be enough to reach 2M in 2024/2025?\n\nEdit: as a Maxi, I hate still thinking in USD conversions and value, but reality hits hard here and we will still need to think in USD value for the next couple of years at least.', 'https://www.reddit.com/r/Bitcoin/comments/140u4f0/5_bitcoin_to_retire_in_2025/', '140u4f0', [['u/SocalDistortion', 90, '2023-06-05 01:32', 'https://www.reddit.com/r/Bitcoin/comments/140u4f0/5_bitcoin_to_retire_in_2025/jmxa6de/', "With each peak comes a massive 70-80% drawdown. Using your Sats to live off of on a monthly basis may be difficult during the bear market. \n\nI think if you were to try and live off Bitcoin, you'd need to sell enough at this next top to account for living expenses the next 4 years. Of course this assumes the 4 year cycle remains in-tact.\n\nThere is always the possibility of using your Bitcoin and taking out a loan against it as well. Live off the loan, pay the loan down with another loan or negotiate to extend. Hopefully there will be good competitive loan products out in a couple years.", '140u4f0'], ['u/Umpire_State_Bldg', 20, '2023-06-05 01:36', 'https://www.reddit.com/r/Bitcoin/comments/140u4f0/5_bitcoin_to_retire_in_2025/jmxaow5/', "You're:\n thinking\n* planning\n* discussing the future in a rational way\n\nThis puts you far, far ahead of the average...", '140u4f0'], ['u/SufficientDrink187', 13, '2023-06-05 01:39', 'https://www.reddit.com/r/Bitcoin/comments/140u4f0/5_bitcoin_to_retire_in_2025/jmxb44o/', 'That’s the only why my mind works. Sadly, it usually ends in lots of suffering. \n\nbut if my calculations and speculation works like I think it will, getting out of the rat race and being free from work (my biggest goal in life and the reason I’m all in in BTC) suddenly becomes achievable, and that gives me a very dangerous sense of hope.', '140u4f0'], ['u/MMinjin', 36, '2023-06-05 02:08', 'https://www.reddit.com/r/Bitcoin/comments/140u4f0/5_bitcoin_to_retire_in_2025/jmxemaq/', "First. No way.\n\nSecond. 2M is probably too low to retire in your thirties with very uncertain inflation. If you run out of money and need to come back in your 40s/50s, good luck with age bias and no recent job experience. You really need to sock it away to retire that early. Very risky if you don't. And depending on a single asset to maintain value for the next 50 years? You've definitely taken your fill of the kool aid.\n\nedit: I see from your post history that you are Argentinian. If that's the case then the 2M figure might be fine after all but my point still stands on being very careful before you throw away your most productive years. Coming back to the work force won't be easy.", '140u4f0'], ['u/billy_bitchtits', 15, '2023-06-05 02:17', 'https://www.reddit.com/r/Bitcoin/comments/140u4f0/5_bitcoin_to_retire_in_2025/jmxfs9h/', '"I think 250k is a real possibility"\n\nwhat makes you think this?', '140u4f0'], ['u/Electrical_Catch', 14, '2023-06-05 02:23', 'https://www.reddit.com/r/Bitcoin/comments/140u4f0/5_bitcoin_to_retire_in_2025/j... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 tumbled to $25.4K at one point after the SEC sued crypto exchange giant Binance. Will markets rebound?\nInsights:stETH\'s market cap is now the seventh largest among digital assets. What\'s behind the move and will it last?\nCoinDesk Market Index (CMI)\n1,132\n−54.3▼4.6%\nBitcoin (BTC)\n$25,752\n−1337.8▼4.9%\nEthereum (ETH)\n$1,812\n−75.9▼4.0%\nS&P 500\n4,273.79\n−8.6▼0.2%\nGold\n$1,978\n+25.7▲1.3%\nNikkei 225\n32,217.43\n+693.2▲2.2%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,132", "\\u221254.3\\u25bc4.6%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$25,752", "\\u22121337.8\\u25bc4.9%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,812", "\\u221275.9\\u25bc4.0%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,273.79", "\\u22128.6\\u25bc0.2%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,978", "+25.7\\u25b21.3%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["32,217.43", "+693.2\\u25b22.2%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nSEC lawsuit has crypto markets reeling\nThe crypto industry’s latest blow rocked digital asset prices on Monday.\nBitcoin was recently trading at about $25,750, down nearly 5% over the past 24 hours. Much of its initial downturn occurring in the two hours after the Securities and Exchange Commission(SEC) filed suit against Binance, accusing the exchange giant of violating securities laws. The largest cryptocurrency by market capitalization treaded comfortably above $27,000 for much of the past week, but the allegations against Binance rekindled fears about industry integrity and the intent of regulators to exert more control over exchanges. Binance – and other exchanges – have been facing regulatory scrutiny for years.\n“The Binance news obviously led to a big sell-off, but the news itself wasn’t exactly surprising,” Bob Ras, co-founder of Sologenic, a blockchain-powered network for tokenizing securities, told CoinDesk. “Rumors had been swirling for some time about forthcoming action against Binance.”\nBut Ras added that he wasn’t convinced “that we are going to experience massive liquidations,” similar to those following the 2022 implosions of Luna, Celsius and FTX. “Back then, we saw a great many forced sellers. I don’t think there are nearly as many forced sellers now as there were back then. I suspect that we’ll likely be in for a gradual recovery here.”\nEther also tumbles\nEther, the second largest crypto in market value, was recently changing hands below $1,800, off more than 5% from Sunday, same time. ETH andother major altcoinsfollowed a similar path as bitcoin did on Monday with the bulk of their declines coming in the immediate hours after the SEC suit. BNB, Binance’s exchange token, and SOL, the native cryptocurrency of the Solana blockchain, recently plunged more than 10%. ADA and MATIC, the tokens of smart contract platforms Cardano and Polygon respectively, and popular meme coin DOGE were recently off more than 8%. Even litecoin, which has been rallying the past few weeks, fell more than 9%. The SEC suit called those tokens unregistered securities.\nTheCoinDesk Market Index, a measure of crypto markets performance, was down more than 6%. All six sectors that compose the Index, including DeFi, computing and culture and entertainment stumbled into negative territory. The crypto Fear & Greed Index remained in neutral, where it has largely stood for much of the year.\nIndustry stocks tumble\nIn a note to CoinDesk, Joe DiPasquale, the CEO of crypto fund manager BitBull, called the SEC suit “unsurprising,” but also wrote that the exclusion of ether from the filing was “a good sign.” He added: “Unless any major developments impact Binance’s functioning, we don’t think the market is likely to lose a lot more.”\nWhile wider equity indexes, including the tech-heavy Nasdaq Composite and S&P 500, largely shrugged off the Binance hubbub, ticking down a few fractions of a percentage point,industry-focused stocks slumped. Coinbase stock fell more than 5% right after the filing was released and was off more than 9% at market close. Shares of MicroStrategy (MSTR), which holds a vast amount of bitcoin on its balance sheet, fell more than 8.5%, Bitcoin miners Riot Blockchain (RIOT), Marathon Digital (MARA) fell more than 8%, while Bitfarms (BITF) dropped more than 7.4%. Safe haven asset gold traded flat just below $1,980.\nSEC lawsuit fallout\nLawsuit fallout seemed to seep into all corners of the crypto universe. By Monday afternoon (ET), Binance had suffered more than a half-billion in net outflows, according to a Dune Analyticschartby crypto investment product provider 21Shares. Traders withdrew more than $1 billion of digital assets during this period, compared to the $546 million in deposits, per the chart. According to crypto data platform CoinGecko, the +2% depth for BTC on Binance is $2.7 million, which Charles Storry, head of growth at Phuture, a crypto index platform, told CoinDesk was "very low liquidity levels."\nIn a Telegram note to CoinDesk, Strahinja Savic, head of data and analytics at Toronto-based crypto platform FRNT Financial, noted Binance had “continued to operate relatively normally since it was charged by the CFTC” earlier this year. “US users have also long been barred from accessing Binance,” he wrote. “It’s hard to pin down an element of this story that really changes the status quo.”\nHe added: “It’s important to keep in mind that Binance’s regulatory issues do not implicate bitcoin. It’s hard to imagine any traders looking at the SEC’s allegations and thinking that anything there is damaging for the bitcoin bull thesis. However, given the extent of cross collateralization in the space, paired with exaggerated correlations, it’s not surprising to see bitcoin selling off.”\nSologenic’s Ras believes that if the U.S. central bank pauses hiking interest rates this month or later in the summer, “we would likely see a return of seriously positive momentum.”\nBut he noted pessimistically that with investors in this market “feeling jittery, it will take time to restore confidence. The SEC’s actions are pushing many crypto projects out of the United States, and from this perspective, this is clearly becoming a net negative for the U.S. economy and innovation more generally.”\nThere are no gainers in CoinDesk 20 today.\n[{"Asset": "Terra", "Ticker": "LUNA", "Returns": "\\u221216.3%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Gala", "Ticker": "GALA", "Returns": "\\u221210.2%", "DACS Sector": "Entertainment"}, {"Asset": "Decentraland", "Ticker": "MANA", "Returns": "\\u22129.0%", "DACS Sector": "Entertainment"}]\nLido’s stETH token is now the seventh largest token by market cap, right ahead of Cardano and just behind XRP, according to data from CoinGecko.\nstETH has edged out ADA because the market has grown comfortable with staking, and the market has been seeking out a staking solution that’s not going to be affected by U.S. regulatory uncertainty.\nSo far, the only unstaking parades have been from the shutdown of Kraken’s staking service – and a significant amount of that staked ether went right back into the system via stETH – and Celsius, whichmoved out of staking contracts on stETH and back into staking contractswith another provider.\nAll of this should be an endorsement of stETH, as there’s significant institutional trust in the staking mechanism behind it.As CoinDesk previously reported, surging demand for ether staking has led to a month-long wait for nearly 50,000 validators, particularly following the Shapella upgrade, which stimulated a deposit surge and an influx of new market participants, locking over 19 million ETH for staking. At the same time, analysts who have spoken with CoinDesk have continued todownplay fearsof any sort of price crash post the Shanghai upgrade – and continue to be proven right – highlighting the balance between new stakers and withdrawals, the inherent withdrawal limits and the mitigating effect of liquid staking derivatives.\nSo staking is a healthy market, and seems permanent. Lido dominates it by a long shot, controlling 28% of the market with $13.4 billion in total value locked, according to DeFi Llama data. And it\'s a competitive market too; there are 60 staking protocols with over $1 million in TVL. Lido’scloset competitor has $2.2 billion in TVL.\nThe only thing that could sink this ship is if a larger percentage of staked ether becomes profitable.Right now it’s just 31%, but we’re only one bank failure and DeFi summer away from that hitting 50%. Will there be a rush for withdrawals then?\n12:30 p.m. HKT/SGT(4:30 UTC)Australia Interest Rate Decision\n5:00 p.m. HKT/SGT(9:00 UTC)Eurozone Retail Sales (YoY/April)\n10:00 p.m. HKT/SGT(14:00 UTC)Canada Ivey Purchasing Managers Index (May)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nBitcoin Hovers Under $27K; Blockchain Association Files Amicus Brief in Lawsuit Over Tornado Cash Sanctions\nBitcoin (BTC) was down almost 2% over the last 24 hours and back below $27,000, as JPMorgan releases a new report finding retail demand for bitcoin is likely to remain strong ahead of the next halving event. eToro market analyst Josh Gilbert weighed in. Plus, Blockchain Association CEO Kristin Smith joined to discuss the group\'s amicus brief filed in an ongoing lawsuit by Coin Center against the Treasury Department and its sanctions watchdog. Plus, a look at the inaugural Consensus @ Consensus report.\nBinance Withdrawal On Track to be Largest Since March Crypto Banking Crisis:Blockchain data shows that the exchange endured some $503 million in net outflows on Monday amid SEC charges.\nThe Lightning Network Doesn’t Fix Everything Wrong With Bitcoin:And that’s okay.\nSEC Sues Crypto Exchange Binance and CEO Changpeng Zhao, Alleging Multiple Securities Violations:The Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-06 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $500,622,323,269 - Hash Rate: 384577792.6788321 - Transaction Count: 462072.0 - Unique Addresses: 763100.0 Social & AI Sentiment: - Fear & Greed Index: 0.44 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Illustration by Mitchell Preffer for Decrypt This week, markets were at the mercy of macroeconomic factors as some at the Fed have indicated another rate hike is due next month. Crypto was also subjected to intense scrutiny by regulators in both the U.S. and EU. Bitcoin and Ethereum led the downturn, with similar seven-day losses of over 10% impacting many leading cryptocurrencies. The U.S. Securities and Exchange Commission’s (SEC) crackdown on crypto made headlines on Monday when the regulator sued yet another big crypto business for alleged failure to comply with securities laws, Seattle-based exchange Bittrex . Delphi Labs’ Gabriel Shapiro was outraged by the agency’s description of the Dash (DASH) token as a security. I just read SEC's case against Bittrex & am floored...more aggressive than could've been imagined and goes directly against Dash's no-premine model, saying DASH is a security despite the fact that the devco is funded by validators out of block rewards... pic.twitter.com/McpZEYTK1O — _gabrielShapir0 (@lex_node) April 17, 2023 On Thursday, The European Parliament passed the Markets in Crypto Assets (MiCA) bill with 517 votes in favor, 38 against, and 18 abstentions. The legislation now gives the bloc’s 27 constituent states a unified approach to crypto. Rebecca Retig, Chief Policy Officer at Polygon Labs, wrote a thread on Monday arguing that the bloc still needed to tweak its data act, which she described as “overbroad” and “ likely unenforceable in decentralized systems.” 1/ 🚨Today @0xPolygonLabs published an open letter to the EU on Art. 30 of the #DataAct , which could have serious consequences for permissionless smart contracts. @Ledger has joined in proposing amendments to narrow Art. 30 to protect decentralized software development. Read 👇 pic.twitter.com/AZHGCm14sQ — Rebecca Rettig (@RebeccaRettig1) April 17, 2023 Institutional Bitcoin whale Michael Saylor complained about all the sats he was receiving on Tuesday. Story continues So @MicroStrategy converted my corporate email address into a #Lightning ⚡️ address and people keep sending me 21 sats...🧡 pic.twitter.com/FHde6RtA6N — Michael Saylor⚡️ (@saylor) April 17, 2023 Crypto lawyer Rodrigo, who tweets under the handle @RSSH273 , tweeted a lengthy legal objection to the sanctioning of crypto privacy mixer Tornado Cash by U.S. authorities. We filed an amicus in the suit that 6 Tornado Cash users brought against the unprecedented sanctions of TC open-source code Our argument is simple: Sanctions only apply to “people” or “entities,” and their “property.” TC fits none of those definitions—it is just open-source code pic.twitter.com/oCKuRpIFyZ — Rodrigo (@RSSH273) April 17, 2023 Coinbase CEO Brian Amstrong flexed his diplomatic muscle in London on Tuesday. Later in the week the exchange announced extensive expansion plans , a maneuver to counteract the increasing assertiveness and aggressiveness of U.S. regulators towards the exchange and industry in recent months. Great meeting today with UK Economic Secretary and City Minister @griffitha . The UK is moving fast on sensible crypto regulation to both drive economic growth AND consumer protection. Excited to keep investing in the UK. 🇬🇧 pic.twitter.com/478PQSLmDe — Brian Armstrong (@brian_armstrong) April 17, 2023 Twitter user @Tayvano_ flagged a multimillion dollar wallet draining operation that has been active since December. For the past 48hrs I've been unwinding a massive wallet draining operation 😳😭 I don't know how big it is but since Dec 2022 it's drained 5000+ ETH and ??? in tokens / NFTs / coins across 11+ chains. Its rekt my friends & OGs who are reasonably secure. No one knows how. pic.twitter.com/MafntG7RkP — Tay 💖 (@tayvano_) April 18, 2023 Republican Tom Emmer’s appearance at a hearing in Washington on the oversight of the SEC made the rounds on Twitter with an eminently quotable soundbite. At the hearing, Emmer grilled SEC chair Gensler and said, “You’ve been an incompetent cop on the beat,” before claiming the SEC chair was pushing American firms into the “hands of the CCP (Chinese Communist Party).” And he’s pushing innovation into the hands of a communist country, the United States’ number one adversary: pic.twitter.com/lE0Q4TuhYa — Tom Emmer (@GOPMajorityWhip) April 18, 2023 Blockchain sleuth @ZachXBT on Wednesday compiled a long list of scams that rapper Soulja Boy has shilled since he got involved in crypto. 1/ In recent weeks influencers have given @souljaboy praise for new NFT projects in hopes of clout. In reality he has been one of the most shameless promoters in the crypto space. In my research I observed 73 promotions & 16 NFT drops done by him. Many of these were scams. pic.twitter.com/8xRDN79S5t — ZachXBT (@zachxbt) April 19, 2023 Do the “hiccups” referred to in writer and lawyer @NYCSouthpaw ’s tweet refer to blanket refusals from mama and papa Bankman-Fried to have their phones compromised in such an intrusive manner? Likely! One of SBF’s bail conditions is his parents have to have cell phones that automatically snap photos of the user every couple minutes, and they’re having some hiccups setting it up. https://t.co/i8NHWcb1qH — southpaw (@nycsouthpaw) April 19, 2023 On Thursday, news hit Twitter that Tornado Cash developer Alex Pertsev, who was arrested by Dutch authorities in August for allegedly facilitating money laundering, is getting released next Wednesday so he can prepare for his trial at home. tornado cash dev alex pertsev reportedly released just now pic.twitter.com/Lg1s01VaRP — banteg (@bantg) April 20, 2023 Gabriel Shapiro that day pitched his idea of a BORG. An abbreviation for “cybernetic organization,” the BORG is a “new middle” between the decentralized and autonomous principles of DAOs and the legal entitlements and compliant structures of traditional business entities. BORGs merge traditional business entities with smart contracts, offering a new path for DAO legal structuring. They are the culmination of years of my thinking on how to bridge meatspace corporate law & the on-chain world. pic.twitter.com/gaME7yXdvh — _gabrielShapir0 (@lex_node) April 20, 2023 Finally, Dogecoin creator turned-nocoiner Billy Markus still thinks crypto is a lunatic’s game. investing in crypto is literally just investing in mental illness which i suppose is on the rise, so… — Shibetoshi Nakamoto (@BillyM2k) April 22, 2023... - Reddit Posts (Sample): [['u/SlurpinYJ', 'I was able to make $300 in a few hours with little experience. Is this normal or did I just get lucky?', 40, '2023-06-06 02:33', 'https://www.reddit.com/r/Daytrading/comments/141xp5f/i_was_able_to_make_300_in_a_few_hours_with_little/', 'I’ve been really spending some time learning about trading, I decided to finally give it a try, I was trading with 1 Bitcoin to U.S Dollar. I was able to make $300 very quickly. I guess I’m just doing something right? \n\nI was using basic support and resistance and market structure. \n\nI think I’ll quit my job lol', 'https://i.redd.it/xftqbum2ma4b1.jpg', '141xp5f', [['u/RandomMovingAverage', 107, '2023-06-06 02:49', 'https://www.reddit.com/r/Daytrading/comments/141xp5f/i_was_able_to_make_300_in_a_few_hours_with_little/jn27o8u/', 'If you need to ask if you are lucky then the truth is you were lucky. Do this consistently every day the market is open for the next year before you should even consider quiting your job.', '141xp5f'], ['u/KingKerie', 38, '2023-06-06 02:58', 'https://www.reddit.com/r/Daytrading/comments/141xp5f/i_was_able_to_make_300_in_a_few_hours_with_little/jn28ukz/', 'Not uncommon at all with beginners. Being able to sustain it is the issue. If you know how you got those winning trades then you should be able to replicate it.', '141xp5f'], ['u/SlurpinYJ', 13, '2023-06-06 03:26', 'https://www.reddit.com/r/Daytrading/comments/141xp5f/i_was_able_to_make_300_in_a_few_hours_with_little/jn2cgrh/', 'I basically just use the 30 min 15 min 5 min and 1 min charts to determine the overall direction of the price and find support and resistance, then I zoom in to find what I think is a good entry point.', '141xp5f'], ['u/john8a7a', 16, '2023-06-06 06:50', 'https://www.reddit.com/r/Daytrading/comments/141xp5f/i_was_able_to_make_300_in_a_few_hours_with_little/jn2zp0v/', "you actually might have a certain skill as well. Your strategy is not some random bullshit , which is good. Report back after 500 trades. \n\nI would just give you one advice , never trade if you don't see a great set up . I use to trade when I was just bored and that was the main reason I kept losing money . If there is nothing to trade, even for 2-3 days,,,just don't trade average looking set ups and you might just make it as a trader", '141xp5f'], ['u/tentenwind', 24, '2023-06-06 07:45', 'https://www.reddit.com/r/Daytrading/comments/141xp5f/i_was_able_to_make_300_in_a_few_hours_with_little/jn34fkj/', 'Does your username stand for Slurpin Your Jizz?', '141xp5f'], ['u/SP-Marshmallo', 10, '2023-06-06 10:33', 'https://www.reddit.com/r/Daytrading/comments/141xp5f/i_was_able_to_make_300_in_a_few_hours_with_little/jn3h1n7/', 'In the beginning ppl don’t have that much of emotion invested. Wait till greed or fear kicks into overdrive. That’s when you will know OP.', '141xp5f'], ['u/VCRdrift', 16, '2023-06-06 12:08', 'https://www.reddit.com/r/Daytrading/comments/141xp5f/i_was_able_to_make_300_in_a_few_hours_with_little/jn3nquf/', 'Normal. First one is free. Welcome to the casino.', '141xp5f']]], ['u/formidable-opponent', 'How much money (USD) would you have to spend to be a cone millionaire?', 21, '2023-06-06 05:32', 'https://www.reddit.com/r/ConeHeads/comments/1422930/how_much_money_usd_would_you_have_to_spend_to_be/', 'I tried to look it up but just got results for bitcoin.', 'https://www.reddit.com/r/ConeHeads/comments/1422930/how_much_money_usd_would_you_have_to_spend_to_be/', '1422930', [['u/GuyOne', 13, '2023-06-06 05:36', 'https://www.reddit.com/r/ConeHeads/comments/1422930/how_much_money_usd_would_you_have_to_spend_to_be/jn2sbgg/', 'A million cones is like $2.67 rn', '1422930']]], ['u/AutoModerator', '[Daily Discussion] - Tuesday, June 06, 2023', 29, '2023-06-06 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/1422w33/daily_discussion_tuesday_june_06_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\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/1422w33/daily_discussion_tuesday_june_06_2023/', '1422w33', [['u/anon-187101', 12, '2023-06-06 06:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/1422w33/daily_discussion_tuesday_june_06_2023/jn2vbht/', 'Gonna be a big week.', '1422w33'], ['u/cryptojimmy8', 12, '2023-06-06 07:28', 'https://www.reddit.com/r/BitcoinMarkets/comments/1422w33/daily_discussion_tuesday_june_06_2023/jn331fv/', 'The good thing about SEC suing every exchange out there is that there is soon no one left to sue😎think all of this eventually will be forgotten but still not counting on any good action this year. Been away from crypto for about a month now and it feels good. Will check in again in yet another month or so. Hope you guys are doing well', '1422w33'], ['u/Downtown-Ad-4117', 12, '2023-06-06 09:04', 'https://www.reddit.com/r/BitcoinMarkets/comments/1422w33/daily_discussion_tuesday_june_06_2023/jn3apu9/', 'Nothing will happen to Binance. It’s just a slap on the wrist.', '1422w33'], ['u/DamonAndTheSea', 18, '2023-06-06 10:21', 'https://www.reddit.com/r/BitcoinMarkets/comments/1422w33/daily_discussion_tuesday_june_06_2023/jn3g8co/', 'Binance does operate in the US under the url Binance.us. The US site represents a small portion of their total volume. The SEC can go after anyone operating on US soil; they can also go after exchanges that operate in different countries but offer services to US citizens. \n\nBinance.com, years ago, used to be available to US citizens (even as operated out of China), they then geo-locked the site (you just needed a VPN) and then not long ago they forced KYC for all customers meaning US residents could no longer use Binance.com even via VPN. \n\nThe US has been systematically putting pressure on US crypto exchanges for the last 18 months and failing to provide regulatory clarity. Some speculate incompetence and bureaucratic morass and others speculate this is a move to choke out fiat on-ramp/off-ramps as CBDCs are scheduled to roll out.', '1422w33'], ['u/NervousNorbert', 13, '2023-06-06 14:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1422w33/daily_discussion_tuesday_june_06_2023/jn3zllb/', 'The SEC sues Coinbase, according to the usually reputable @tier10k: https://twitter.com/tier10k/status/1666054916526460929', '1422w33'], ['u/imissusenet', 16, '2023-06-06 14:17', 'https://www.reddit.com/r/BitcoinMarkets/comments/1422w33/daily_discussion_tuesday_june_06_2023/jn3zqxc/', 'Point and Figure chart:\n\n[https://stockcharts.com/freecharts/pnf.php?c=%24BTCUSD,PGPBDEYRNR\\[PA\\]\\[D\\]\\[F1!3!1.0!!0!20\\]](https://stockcharts.com/freecharts/pnf.php?c=%24BTCUSD,PGPBDEYRNR[PA][D][F1!3!1.0!!0!20])\n\nI don\'t know what BTC price data this uses, but the chart I maintain using Coinbase prices has 2 more columns since the uptrend line was broken, an 8-box low pole warning. A 50% retrace would go back to $26.5K.\n\nWhile I hope that u/wardser is overly pesimistic, hope is not a strategy. Here is the price after that last 3 cycle tops, nomralized to Nov 2021 prices:\n\n[https://imgur.com/a/5znlj4E](https://imgur.com/a/5znlj4E)\n\nThe price could go to $13K for the next 4 months and still be within the range of the previous cycles. Speaking of $13K, I think it would be really, really great if BTC was higher than it was 4 years ago. 26 Jun 2019 BTC was $13K.\n\nAnd finally, on 12 Jun 2022 BTC was $26.5K and the following quote appeared on the daily:\n\n"We\'re going to be 20x here within 24 months."\n\nGood times.', '1422w33'], ['u/dopeboyrico', 12, '2023-06-06 14:56', 'https://www.reddit.com/r/BitcoinMarkets/comments/1422w33/daily_discussion_tuesday_june_06_2023/jn4481d/', 'Interesting how the SEC never explicitly stated #2 is a security (it is) in the lawsuit against Binance or Coinbase but they did explicitly state offering staking services of #2 does qualify as a security in the lawsuit against Coinbase.\n\nPotentially more pain ahead as this all plays out but whenever the altcoin delisting exodus occurs on Binance and Coinbase, BTC as well as any other remaining altcoins which aren’t deemed to be unregistered securities should rally pretty hard on the news.', '1422w33'], ['u/gozunker', 10, '2023-06-06 15:12', 'https://www.reddit.com/r/BitcoinMarkets/comments/1422w33/daily_discussion_tuesday_june_06_2023/jn46add/', 'I think one reason we haven’t dropped a ton on this Coinbase news is that people are selling their alts for BTC on the “these altcoins are securities” news, creating demand for BTC to counteract the sell off. I think it’s less a case of “look how resilient Bitcoin is” and more of “fleeing the small boats for the closest big boat during the storm”. Not sure what that means for price action later this week or next once the alt sell off has wrapped up a bit. I’m feeling a bit pessimistic short-term, laddering my weekly money for some down action.', '1422w33'], ['u/NLNico', 10, '2023-06-06 15:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/1422w33/daily_discussion_tuesday_june_06_2023/jn46scb/', 'Yesterday\'s and today\'s news is arguably good for coin 2. Previously there was doubt if the SEC considered it a security, but now there are 2 cases where they specifically mention a list of coins bu... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 to above US$27,000 on Wednesday morning in Asia, with nearly all other top 10 non-stablecoin cryptocurrencies rebounding even as U.S. regulators this week launched a series oflawsuitsagainst Binance and Coinbase, two of the world’s biggest crypto exchanges, alleging most tokens are unregistered securities. Polygon’s Matic token was the exception, dipping 1.7% in the past 24 hours.\nBitcoin rose 5.36% over the last 24 hours to US$27,118 at 6:50 a.m. in Hong Kong, bouncing back to the same price range before the U.S. Securities and Exchange Commission (SEC) filed the lawsuits this week. The world’s largest crypto by market capitalization was still down 2.32% over the past seven days, according todatafrom CoinMarketCap.\nEther climbed 4.01% in the past 24 hours to US$1,881, but logged a 1.32% weekly loss.\nThe meme coin Dogecoin led the winners this morning with a gain of 6.43%, edging out Bitcoin for the top spot. Polygon’s Matic missed out on the rebound, sliding 1.7% in the last 24 hours, and lost 9.39% over the past week.\nNick Ruck, chief operating officer of non-fungible token (NFT) intellectual property licensing firm ContentFi, toldForkastthat while the flurry of lawsuits by SEC chair Gary Gensler hit hard, the crypto market has largely held steady.\n“The initial panic quickly wore off as many traders not only expected the lawsuits, but apparently dismissed them entirely,” Ruck said. “A lawsuit may work against the SEC’s expectations when these cases are determined by court judges rather than Gary Gensler’s opinion.”\nWhile prices came back among leading tokens, Jeff Mei, the chief operating officer of the BTSE crypto exchange in the British Virgin Islands, said “we’ve seen something of a bloodbath for altcoins.”\nHe said this is likely due to the SEC lawsuits naming a “basket of altcoins as securities, while not categorizing BTC and ETH in the same class.”\nThis creates volatility opportunities for savvy investors, but requires care to navigate, he added.\nOn Tuesday, just a day after the SEC sued Binance for alleged securities violations, the same regulator filed suit against Coinbase, the largest crypto exchange in the U.S., for allegedly breaching securities rules.\nThe SEC alleges San Francisco-based Coinbase made billions of dollars unlawfully facilitating the buying and selling of crypto asset securities since at least 2019, according to itsstatementreleased Tuesday.\nSEC Chair Gary GenslertweetedTuesday that Coinbase’s alleged failures “deprive investors of critical protections, including rulebooks that prevent fraud and manipulation, proper disclosure, safeguards against conflicts of interest, and routine inspection by the SEC.”\nIn a related development showing coordination among financial regulators across the U.S., the Alabama Securities Commission on Tuesday filed a so-calledshow cause orderto Coinbase, backed by regulators in many other states.\n“The Order gives Coinbase 28 days to show cause why they should not be directed to cease and desist from selling unregistered securities in Alabama,” according to the notice. It adds that nine other state regulators, including California where Coinbase is based, were part of a multi-state task force involved in the order.\nIn response, Brian Armstrong, chief executive officer of Coinbase,tweetedthat the company was “proud to represent the industry in court to finally get some clarity around crypto rules.”\nArmstrong noted that the SEC reviewed Coinbase’s business and approved it to sell shares to the public in 2021. He added that the SEC and the Commodity Futures Trading Commission have made conflicting statements on crypto assets don’t agree on what is a security and what is a commodity.\nCoinbase hadarguedback in April that the SEC’s attacks against Coinbase appeared to be undermining its own role as the approver of companies registering to sell shares to the public.\nCoinbase shares dropped 12.09% at the close of U.S. trading on Tuesday, but rose 2.48% in after-hours trading.\nIn an additional action against Binance, the SEC on Tuesdayaskeda federal judge to freeze the assets of Binance.US, the crypto trading platform set up by Binance chief Changpeng Zhao to serve U.S. clients.\nIn response, Binance.UStweetedon Tuesday that user assets “remain safe and secure” and “the platform continues to be fully operational with deposits and withdrawals functioning as normal.”\nDenys Peleshok, head of Asia at London-based multi-asset brokerage CPT Markets, said: “The SEC has had a very aggressive approach toward crypto companies for some time now and could be increasingly creating an unwelcoming environment for such firms and for the crypto industry as a whole in the country.”\nRepublican Senator Cynthia Lummis followed up on this theme in criticism of the SEC actions in atweeton Tuesday.\n“Real consumer protection requires creating a robust legal framework that exchanges can comply with, not pushing the industry offshore into the shadows.”\n“Tech start-ups are encouraged to ‘run fast and break things’ and to ‘ask for forgiveness, not permission,’ however when the sector the start-up is operating in is finance and investments, there can be real consequences to this approach,” said Bradley Duke, founder and Co-CEO atETC Groupthat specializes in exchange traded crypto products.\n“This is especially true in the US, where there is an absence of a regulatory framework for crypto, coupled with a regulator that has taken a very aggressive stance towards companies operating in the space,” Duke said in email comments.\nNot everyone in the blockchain world agrees that the SEC is out of order.\n“What we’ve seen with crypto exchanges is they have created a market where they act as the Exchange, Broker Dealer, Depository, the Transfer Agent, and even as the Regulator in some cases,” said Jai Waterman, the chief executive officer of U.S.-basedBlockstation.\n“In this case, Binance operates as all of the above. It is no surprise to us that regulatory action would be taken, and that the SEC is going after Binance and Coinbase, we expected it to happen sooner,” said Waterman at Blockstation, which describes itself as a blockchain-driven platform for tokenizing, listing, trading, clearing and settlement of digital assets and securities.\n“A lot of what’s listed on Binance and Coinbase, I would argue, are securities and whereas in the traditional securities market you have decentralization of duties, crypto exchanges are adding significant risks by playing all parts,” he said.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the NFT market, theForkast 500 NFT indexedged down 0.08% to 3,284.07 in the 24 hours to 9:40 a.m. in Hong Kong.\nNFT sales on Ethereum rose 22.81% over the last 24 hours to US$30.06 million, and sales on the Bitcoin network jumped 159.38% to US$8.5 million, according to CryptoSlamdata.\n“NFT traders are rather bullish still on the space in the short term, though watching carefully,” Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News, said on Wednesday.\nPetscher added that NFTs generally trade in cycles between art and profile picture (PFP) NFTs. “Though, with news about the SEC filing lawsuits against Coinbase and Binance, all bets are off.”\nThe NFT market saw a large art sale on Tuesday. Digital artist Tyler Hobbs’ Fidenza #545 wassoldfor around US$1.1 million in a reserved sale, according to NFT marketplace OpenSea.\n“High art sales are an indicator that NFTs may be primed for some action, but the SEC trying to freeze Binance’s U.S. assets and potentially Coinbase’s does have people considering what their best moves are,” Petscher added.\nRuck of Singapore-based ContentFi said that Binance is “placing bets on their involvement in the future of the NFT industry,” as the world’s largest crypto exchangelaunchedsupport for Bitcoin NFTs on Tuesday even after being sued by the SEC.\nBored Ape Yacht Club had the biggest sales in the past 24 hours with a 1.36% rise to US$14.27 million.\nUncategorizedOrdinals– recently popular Bitcoin Ordinals that are not part of an established collection – recorded a 5.11% increase to US$6.49 million in sales over the past 24 hours.\nShares of Coinbase dropped 12.09% at the close on Tuesday following a 9.05% fall on Monday, while shares of Microstrategy, the world’slargestcorporate holder of Bitcoin, rose 8.13% on Tuesday, recovering from its 8.53% decline on Monday.\nMei at BTSE said the sharp difference in stock performance shows the outsize impact of the SEC’s actions on market sentiment for altcoins as opposed to Bitcoin.\nThe S&P 500 closed up 12.02% on Tuesday, reaching its highest level since August 2022.\nU.S. stock futures were mixed as of 11:50 a.m. in Hong Kong. Dow Jones Industrial Average futures edged up 0.02%, and S&P 500 futures gained 0.08%. Nasdaq Futures fell 0.03%.\nIn macroeconomic developments, the U.S. Federal Reserve will meet on June 14 to make its next move on interest rates, which are now between 5% and 5.25%, the highest since 2006.\nThe CME FedWatch Tool nowpredictsa 80.6% chance the Fed will leave rates unchanged in June, and a 19.4% chance for another 25-basis-point rate hike.\n(Corrects Different View section to show Blockstation in based in U.S., not Canada.)', 'Bitcoin recovered to above US$27,000 on Wednesday morning in Asia, with nearly all other top 10 non-stablecoin cryptocurrencies rebounding even as U.S. regulators this week launched a series oflawsuitsagainst Binance and Coinbase, two of the world’s biggest crypto exchanges, alleging most tokens are unregistered securities. Polygon’s Matic token was the exception, dipping 1.7% in the past 24 hours.\nBitcoin rose 5.36% over the last 24 hours to US$27,118 at 6:50 a.m. in Hong Kong, bouncing back to the same price range before the U.S. Securities and Exchange Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-07 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $525,506,339,594 - Hash Rate: 343827827.89167106 - Transaction Count: 433781.0 - Unique Addresses: 734954.0 Social & AI Sentiment: - Fear & Greed Index: 0.53 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: (Some Fortune Crypto pricing data is provided by Binance.) More from Fortune: 5 side hustles where you may earn over $20,000 per year—all while working from home Looking to make extra cash? This CD has a 5.15% APY right now Buying a house? Here's how much to save This is how much money you need to earn annually to comfortably buy a $600,000 home Welcome to This Week in the Metaverse, where Fortune rounds up the most interesting news in the world of NFTs, culture, and the metaverse. Email [email protected] with tips. Although long known for financial utility, the Bitcoin blockchain was never a player when it came to NFTs, which became one of the main use cases for Ethereum , followed later by Solana and Polygon. But the Bitcoin network just surpassed Solana in NFT sales volume over the past seven days, and now trails only Ethereum, according to CryptoSlam. While some critics have said Bitcoin NFTs, or Ordinals, slow down the network and increase fees, supporters have said the tech will enhance the blockchain. One such supporter is Bob Bodily, who is working on an NFT marketplace for Ordinals called bioniq. Bodily told me that by the time the 10th Ordinal was inscribed earlier this year, he knew the technology was going to be huge. Two factors stand out to him as evidence that Ordinals have even more room to grow: Bitcoin’s $518 billion market cap—still more than twice Ethereum’s—and the fact that with Ordinals all data for an NFT are on-chain. “A lot of collections are down pretty bad, and so the fact that you have the excitement and the energy of Ordinals in the middle of a bear market, I think it's pretty telling,” he told Fortune . Already, he noted, Bitcoin is attracting developers who originally were Bitcoin advocates but found it hard to build on-chain. He said he's seen several developers starting to build on Bitcoin again after leaving years ago for Bitcoin Cash, which was created as a result of a disagreement between developers in 2017. Story continues Decrypt reported on Thursday that the network is also attracting developers from Ethereum, which has long been attractive for teams looking to build dapps that use smart contracts. Ordinals have exploded in popularity, with 9.3 million inscriptions created since they were introduced in December, according to Dune. Soon enough we’ll see whether Ordinals have opened the door to a flurry of new applications for Bitcoin, or if, ultimately, it’s just another hype cycle. New launch spotlight Binance wants to facilitate your next NFT loan. With the Binance NFT Loan product announced this week, the world’s largest crypto exchange is offering users 3.36% interest rates on loans, whose amount can fluctuate depending on the price floor of an NFT that's put up for collateral. Only NFTs from the Bored Ape Yacht Club, Mutant Ape Yacht Club, Azuki, and Doodles collections are currently accepted. Last week, I wrote about how NFT loans were making a comeback, thanks to upstart Blur and the more established Arcade . This announcement could accelerate that trend. At least for a limited time, the loan product has some of the best interest rates in the industry, and even lower than the national average interest rate on a 30-year fixed mortgage, which sat at 7.17% on Friday, according to Bankrate. There are still risks. If the value of your collateral NFT drops too low, you risk liquidation. Your interest rate can also change based on the overall market, Binance warns. In other news Bitcoin NFTs, or Ordinals , now have a stablecoin. Stably USD , issued by Web3 company Stably, says the crypto will make trading ordinals easier than it would be by using U.S. dollars or another fiat currency, CoinDesk reported . Web3 company Elemint and Web3 agency Bary partnered with Platinium Group , the ticket operator for Formula 1 Grand Prix events, to launch a new platform that offers NFT tickets . The NFT tickets are meant to prevent counterfeiting and serve as digital souvenirs and will be introduced at this weekend's race in Monaco. In the long term, the companies want to use the NFT tickets to give holders added benefits and loyalty rewards. Formula 1 will now have NFT tickets for its Grand Prix events. Paris Hilton launched a collection of 5,555 NFT avatars this week for the Web3 metaverse platform The Sandbox . Paris Hilton's media company, 11:11 Media, created the avatars with inspiration from her real-life outfits and accessories. The avatars will be sold for 100 SAND each and released in three waves. The 11 people who buy a limited 1-of-1 edition of the collectibles will receive a free ticket to Paris: Live in Concert on June 7. Paris Hilton launched NFT avatars on The Sandbox metaverse platform. SURREAL , a company that offers “metaverse as a service” to clients like the Atlanta Braves, introduced a consulting service called S-Map Consulting to help customers launch, maintain, and expand their own virtual worlds. This story was originally featured on Fortune.com More from Fortune: 5 side hustles where you may earn over $20,000 per year—all while working from home Looking to make extra cash? This CD has a 5.15% APY right now Buying a house? Here's how much to save This is how much money you need to earn annually to comfortably buy a $600,000 home... - 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 retreats below $26.5K amid a wider crypto decline as Binance, Coinbase-related fears linger. Insights: The decline in bitcoin and ether prices since 2022 mirrors the decrease in stablecoin balances over the same period. Prices CoinDesk Market Index (CMI) 1,148 −31.8 ▼ 2.7% Bitcoin (BTC) $26,364 −880.1 ▼ 3.2% Ethereum (ETH) $1,834 −51.1 ▼ 2.7% S&P 500 4,267.52 −16.3 ▼ 0.4% Gold $1,959 −6.3 ▼ 0.3% Nikkei 225 31,913.74 −593.0 ▼ 1.8% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,148 −31.8 ▼ 2.7% Bitcoin (BTC) $26,364 −880.1 ▼ 3.2% Ethereum (ETH) $1,834 −51.1 ▼ 2.7% S&P 500 4,267.52 −16.3 ▼ 0.4% Gold $1,959 −6.3 ▼ 0.3% Nikkei 225 31,913.74 −593.0 ▼ 1.8% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) A Bitcoin Retreat Bitcoin returned to its downtrodden ways on Wednesday amid a wider crypto decline that swept up altcoins mentioned and unmentioned in the Securities and Exchange (SEC) lawsuits against Binance and Coinbase earlier this week. The largest cryptocurrency by market capitalization was recently trading at $26,364, off 3.2% over the past 24 hours. BTC had soared above $27,200 on Tuesday as investors seemed to already price in the latest regulatory body blows against an industry already reeling from assorted debacles. Bitcoin and ether, along with Tether’s USDT stablecoin, traded at large premiums on Binance.US , a sign that investors were exiting the platform. In an email to CoinDesk, Ruslan Lienkha, chief of markets at Web3 crypto and fiat service provider YouHodler, wrote that the firm was expecting continued higher volatility for "days or even weeks" as a result of the SEC suits. But he added: that "in general, the market seems in better shape and better prepared for possible outcomes. Undoubtedly, crypto market participants are doing a better job at managing risks than they did two to three years ago." Story continues ETH fared somewhat better than BTC to recently trade at $1,834, off 2.7% from Tuesday same time. CoinDesk Indices‘ Ether Trend Indicator (ETI) moved into “significant uptrend" territory, an improvement over its reading a day prior. The ETI, which gauges price momentum, suggested that "recent bullish price action is outpacing previous price moves," CoinDesk analyst Glenn Williams wrote in a column. Still, SEC fallout was fierce on Wednesday. BNB , the Binance Smart Chain’s native token, recently dropped 7.6% from Tuesday, same time, and at one point earlier in the day sank to about $252, its lowest price since early January, according to CoinDesk data. Cardano’s ADA , Polygon’s MATIC and Solana’s SOL , all top 10 tokens by market capitalization that were noted in the SEC filing, recently took a dive between 6% and 9%. The CoinDesk Market Index , a measure of crypto markets performance, was recently down 3.1%. Equity indexes closed mixed with the Dow Jones Industrial Average (DJIA) ticking up a few notches but the Nasdaq Composite and S&P 500 falling 1.3% and 0.4%, respectively, just a day after reaching 2023 highs as investors fretted about the Bank of Canada\'s unexpected interest rate hike. The decision offered the latest evidence that central banks remain anxious about inflation and that the monetary hawkishness that has hamstrung asset markets over the past year may continue. Read more: Funding Rates for Bitcoin, Ether Remain Positive, Indicating Bullish Sentiment In an note, Edward Moya, senior market analyst for foreign exchange market maker Oanda, noted that Canada’s central bank was among the most proactive about monetary policy. "They were the first to raise rates in 2022 and then put them on hold earlier this year," Moya wrote. "The BOC is signaling that more rate hikes could come and that has everyone rethinking that the Fed will be done after the July hike." -JR Biggest Gainers There are no gainers in CoinDesk 20 today. Biggest Losers Asset Ticker Returns DACS Sector Decentraland MANA −9.0% Entertainment Solana SOL −8.8% Smart Contract Platform Cardano ADA −8.7% Smart Contract Platform Insights What Do Current Stablecoin Balances Mean? While the financial community eyes jobs data, inflation figures and the Securities Exchange Commission (SEC) impacts, one straightforward factor my give more insight into where the price of bitcoin is headed next. (Glassnode) As a primary vehicle for buying crypto assets, the amount of stablecoins on exchanges can serve as a precursor to buying demand. While some notable exchanges offer a “fiat onramp,” meaning the exchange of U.S. dollars directly for crypto, some investors acquire crypto assets via the exchange of stablecoins like USDC and USDT for crypto. Per on-chain data firm Glassnode , the amount of stablecoins held on exchange addresses has declined from 32 billion to 19 billion between January 2022 and June 2023. The price for both BTC and ETH are down 45% and 50% respectively over that time frame. Increases in the stablecoin exchange balance during the remainder of 2023 will be a likely indication that buying demand is increasing. -GW This article was written and edited by CoinDesk journalists with the sole purpose of informing the reader with accurate information. If you click on a link from Glassnode, CoinDesk may earn a commission. For more, see our Ethics Policy . Important events. The Non Fungible Conference (Portugal) Brussels Blockchain Week (Belgium) BTC Prague Conference CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Crypto Markets Bounce Back After SEC Action Against Coinbase, Binance Bitcoin (BTC) bounced back after tumbling to a three-month low of less than $25,000 on Tuesday following news that Coinbase (COIN) had been sued by the SEC on allegations of violating federal securities law. This followed a similar suit against Binance on Monday. Arca Chief Investment Officer Jeff Dorman weighed in. Plus, Solidus Labs Vice President of Regulatory Affairs Kathy Kraninger discussed how regulatory action is impacting consumers. And, CoinDesk Managing Editor Nikhilesh De broke down the latest developments as SEC seeks a temporary restraining order to freeze assets tied to Binance.US on Tuesday. Headlines Coinbase CEO Armstrong Says Not Shutting Down Staking Service : The country’s largest exchange will continue to offer staking services despite facing lawsuits over the service from federal and state regulators. BNB Drops to 6-Month Low as ADA, MATIC, SOL Lead Altcoin Tumble : Cryptocurrencies the SEC characterized as securities in recent lawsuits led the drop among altcoins, while BTC traded mostly flat. The Petrodollar and Its Discontents Point to Bitcoin\'s Role in the Financial Future : Recent moves by Saudi Arabia, Russia and China have raised fears that the U.S. dollar could lose its preferred status for oil trading. And yet alternative national currencies aren’t that appealing. Could a bitcoin-like currency do better? Aave Lending Protocol Moves Closer to Launching GHO Stablecoin on Ethereum Mainnet : The developer proposed two key features for the decentralized stablecoin in a governance post on Tuesday. Stablecoin Issuer Circle Receives Digital Token License in Singapore : The issuer of USDC received in-principle approval in November last year.', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin retreats below $26.5K amid a wider crypto decline as Binance, Coinbase-related fears linger.\nInsights:The decline in bitcoin and ether prices since 2022 mirrors the decrease in stablecoin balances over the same period.\nCoinDesk Market Index (CMI)\n1,148\n−31.8▼2.7%\nBitcoin (BTC)\n$26,364\n−880.1▼3.2%\nEthereum (ETH)\n$1,834\n−51.1▼2.7%\nS&P 500\n4,267.52\n−16.3▼0.4%\nGold\n$1,959\n−6.3▼0.3%\nNikkei 225\n31,913.74\n−593.0▼1.8%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,148", "\\u221231.8\\u25bc2.7%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$26,364", "\\u2212880.1\\u25bc3.2%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,834", "\\u221251.1\\u25bc2.7%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,267.52", "\\u221216.3\\u25bc0.4%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,959", "\\u22126.3\\u25bc0.3%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["31,913.74", "\\u2212593.0\\u25bc1.8%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nA Bitcoin Retreat\nBitcoin returned to its downtrodden ways on Wednesday amid a wider crypto decline that swept up altcoins mentioned and unmentioned in the Securities and Exchange (SEC) lawsuits against Binance and Coinbase earlier this week.\nThe largest cryptocurrency by market capitalization was recently trading at $26,364, off 3.2% over the past 24 hours. BTC had soared above $27,200 on Tuesday as investors seemed to already price in the latest regulatory body blows against an industry already reeling from assorted debacles. Bitcoin and ether, along with Tether’sUSDTstablecoin, traded at large premiums onBinance.US, a sign that investors were exiting the platform.\nIn an email to CoinDesk, Ruslan Lienkha, chief of markets at Web3 crypto and fiat service provider YouHodler, wrote that the firm was expecting continued higher volatility for "days or even weeks" as a result of the SEC suits.\nBut he added: that "in general, the market seems in better shape and better prepared for possible outcomes. Undoubtedly, crypto market participants are doing a better job at managing risks than they did two to three years ago."\nETH fared somewhat better than BTC to recently trade at $1,834, off 2.7% from Tuesday same time. CoinDesk Indices‘ Ether Trend Indicator (ETI) moved into “significant uptrend" territory, an improvement over its reading a day prior. The ETI, which gauges price momentum, suggested that "recent bullish price action is outpacing previous price moves," CoinDesk analyst Glenn Williams wrote Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-08 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $514,297,866,062 - Hash Rate: 392218411.0764248 - Transaction Count: 407006.0 - Unique Addresses: 682296.0 Social & AI Sentiment: - Fear & Greed Index: 0.50 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Polkadot, the blockchain created by legendary coder Gavin Wood after he split from Ethereum, is getting a new privacy feature. The tool uses zero-knowledge proofs and soulbound tokens (yes, the things dreamt up by Vitalik Buterin) to help limit the amount of information crypto users share when they transact on-chain. Meanwhile, a new interoperable NFT standard has launched on Cosmos . 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 . In particular, a layer 1 Polkadot blockchain called Manta Network has teamed up with the team behind the rollup-based scaling tool Linea to build a “zero-knowledge soulbound tokens” (zkSBT) that will allow users to selectively reveal their digital identities when interacting with apps (essentially shielding their on-chain transaction activity). And the new Cosmos NFT standard – called ICS-721 in homage to Ethereum’s ERC 721 NFT standard – will unlock a type of non-fungible asset that can be traded across blockchains. The stories mentioned aren’t really connected (different tech, different chains, different use cases), except in the sense that they’re part of the same broader trend in crypto: the winter is for hunkering down and building. Despite being a cliche, this is worth bringing up now and again because it reveals the level of ingenuity and cooperation across crypto. There are other industries where information-sharing is the norm, and the “free and open source” movement has been going for decades, but it is in crypto that cross-pollination hit its stride. Vitalik Buterin blogged about the idea of soulbound tokens – a kind of blockchain-based curriculum vitae that follows a person throughout their life keeping record of their achievements, which cannot be traded or sold – in mid-2022, offering the idea to anyone to play around with. Perhaps because of the Extremely Metal moniker, SBTs gained a lot of attention and inspired others to write about how such an asset would revolutionize society. Story continues Obviously ideas are cheap (inspiration strikes when it wants, and no amount of money will summon it) – and it’s harder to build. That’s why seeing a real-life deployment of soulbound tokens is so interesting. Perhaps because of the amount of money still sloshing around, perhaps because of the type of people the industry attracts, there is tremendous amount of technological experimentation that happens in the crypto industry. Nowhere else is this more visible than in zero-knowledge (ZK) cryptography, which was essentially limited to a branch of academic research since the mid-80s when computer scientists Shafi Goldwasser, Charles Rackoff and Silvio Micali (yes, the Algorand guy) coined the term. Although the concept is simple enough – deploy a system that allows one party to prove to another that some statement is “true” without showing all his cards – crypto was really the first industry to put ZK-proofs into widespread commercial use. It’s now used to help scale Ethereum, protect wallets and now that new Polkadot-based tool. Sure, maybe the honor really belongs to the pioneering advocates for open-source code, who saw what could be built with software and the pressure to commodify it and championed for researchers to share their findings and publish code under permissive copyright licenses. These are figures like Linux’s Linus Torvalds and O’Reilly’s Tim O'Reilly – figures who helped build the internet we know today. And because so much of crypto is open source, the industry is also open to abuse. At the low-end level this essentially opens the door for spammers to fork projects endlessly to create meme coins. And at a scarier level, nation state actors including North Korea, which has turned abusing permissive blockchain tools into a major source of income. But whether you’re a Bitcoiner who thinks Ethereum is good if only because it’s essentially a free research project into tech that may find its way onto Bitcoin, or a FOSS zealot like Richard Stallman who wrote the “GNU Manifesto,” making the case that giving users control over their own computers is a moral imperative there’s likely more good than harm that comes from open source code. At a time when crypto is being hounded by regulators (at least in the U.S.), it’s worth highlighting some of the benefits of crypto. Just today, Ledger CEO Pascal Gauthier announced a roadmap to open-source more of the firm’s hardware wallet after pressure from the crypto community over its proprietary “Ledger Recover” software update. See also: StarkWare to Open Source Its Ethereum Scaling System Open-source increases transparency, and likely also spurs competition and cheaper prices. Tech companies need to drive innovation, if they want anyone to pay for a product that otherwise might be free. OpenAI the once non-profit dedicated to AI safety that’s now a glorified Microsoft plugin is a case in point: CEO Sam Altman has all but said the company has no moat against the proliferation of free and open AI alternatives (something Google execs actually did say). Not everyone will be convinced by the benefits of “open collaboration.” And I could personally see the case for keeping some technological secrets under lock and key – like how to enrich nuclear weapons – and basic intellectual property protections. But wouldn’t you want to live in a world where people shared more?... - Reddit Posts (Sample): [['u/BurlBukowski', 'Between Hope and Fear', 22, '2023-06-08 00:03', 'https://www.reddit.com/r/Hedera/comments/143qid7/between_hope_and_fear/', 'Well friends, I suppose we might see some serious shit. If ever there was a time to rally the troops, or as Sam Jackson might say “HODL onto your butts and HBARs”\n\nA friend told me about 10 years ago to buy some Bitcoin. I did not. I own a bunch of HBAR though and if we keep heading under .05 I am going to get more, because I could be wrong, but I think once the dust settles…(this is not financial advice)', 'https://www.reddit.com/r/Hedera/comments/143qid7/between_hope_and_fear/', '143qid7', [['u/Interesting-Worry756', 10, '2023-06-08 00:21', 'https://www.reddit.com/r/Hedera/comments/143qid7/between_hope_and_fear/jnbfwnh/', '>but I think once the dust settles…\n\n![gif](giphy\|b85mPT4Usz7fq)', '143qid7']]], ['u/Great-Ad2861', 'Jason and Jessica at it again. Calling me threatening me AGAIN. From a texting app.', 37, '2023-06-08 01:37', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/', 'Threatening to post videos of me doing this and that. Don’t talk about be about it. Post that shit bitch. You fuckn rat. Ride or die. Btch ride this BLEEP… edited for Reddit', 'https://i.redd.it/7af9mgwvlo4b1.jpg', '143stni', [['u/G_Ram3', 10, '2023-06-08 02:15', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jnbvvjz/', 'As much as I want to be 12 years old and prank them, I won’t. But some people just might. I just don’t want you to get any shit for all of us seeing that phone number!!', '143stni'], ['u/G_Ram3', 14, '2023-06-08 02:19', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jnbwb5d/', 'Okay, you’re probably right. Jess LOVES deleting shit. It’s another super power…deleting methed out mistakes.', '143stni'], ['u/LittleTT8219', 13, '2023-06-08 02:22', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jnbwtds/', 'They need to move the fuck on lol she says she’s being honest and there’s a small group of very loud people that are harassing her and all the bullshit she’s spewing why not leave the person alone who’s exposing all your secrets. That sure as fuck would be the last person I’d keep poking and prodding and pushing. But when on drugs and not mentally in a good place you might think threatening someone who’s not afraid is a good idea 💡💡', '143stni'], ['u/LittleTT8219', 10, '2023-06-08 02:32', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jnby5z8/', 'Get off the drugs and they’d both be able to get off trying to defend themselves and threaten people that are exposing to people who supported her that she’s a complete fraudulent bitch lol', '143stni'], ['u/Great-Ad2861', 13, '2023-06-08 02:44', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jnbzqn8/', 'I made a 2 hour long video with her today. It should be up tomorrow. Wait til you hear this shit', '143stni'], ['u/Thatcherrycupcake', 12, '2023-06-08 03:49', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jnc8uq8/', 'Don’t Jess and Jason have nothing else to do but harass others?? Like they have nothing else going on their lives. Jason has a child (I think he has one, sorry if I get it wrong, and jessica has 2). Like, these adults have nothing else to do?? Nothing else to focus on? That’s how I know recovery isn’t even in the forefront of their minds. Gosh, I really feel for the kids. I know I said this before, but just imagine the environment they are living in. Their mother can’t stop harassing others on a daily basis. They are around a tweaker and have been around a child abuser. They are at the least, emotionally neglected. Like no way she and Jason can have energy to do this plus focus on their children and other things. You do not deserve any of this, Mindy. And same with Nicole.\n\nThey are digging themselves further into their holes. I would create a paper trail and document their threats. Keep every screenshot. I’m so sorry you are going through this', '143stni'], ['u/Great-Ad2861', 13, '2023-06-08 03:57', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jnc9xi2/', 'Honestly I would leave it alone if they would leave me alone. No I wouldn’t, if I saw her lying at anytime I would point it out bc she deserves that. This all started up again with Jason blowing up my phone accusing me of being behind Nicole’s videos. As if I have her make the videos. He then threatened everyone’s future and me with prison time. Since then it’s been back and forth back and forth. I will ALWAYS stand up for myself. No way will I just sit in silence. You are so right, they should have better things to do. But meth addicts get hyper fixated on something and just can’t stop. Unfortunately me and Reece are the somethings. Thank you you for this comment. Well said.', '143stni'], ['u/Great-Ad2861', 10, '2023-06-08 04:38', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jncfhnm/', 'Wait til they hear my Youtube video tomorrow on Wildflower Tea’s channel. Shit will really hit the fan.', '143stni'], ['u/mooseinabottle', 11, '2023-06-08 05:12', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jncjonx/', 'Domethtic violence. Sorry you’re dealing with this, Mindy, but I hope this subreddit helps you laugh at their desperation more than you’re stressed about getting fucked with. Obviously if she had any of this shit she’d have posted it anonymously in here already under her ‘Exsposed’ account with her overgrown manicure.\n\nI can only imagine what those sweet little girls must be thinking and feeling about their mother constantly sitting around plotting and scheming with mommy’s “friend” who sleeps (or rather doesn’t sleep) over every night. It must make them feel so uneasy and confused. I just hope things get better for them somehow before they get worse. 🫤', '143stni'], ['u/Great-Ad2861', 15, '2023-06-08 05:14', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jncjzvp/', 'Y’all are like a little family to me! You have no idea how much you have helped me! \nDefinitely if she had any of these things that aren’t possible to have but let’s pretend they are…they would have been blasted long ago.', '143stni'], ['u/boogawoogaX', 11, '2023-06-08 05:27', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jncljsw/', "She's getting more unstable by the day, sadly...", '143stni'], ['u/Great-Ad2861', 25, '2023-06-08 05:48', 'https://www.reddit.com/r/JKentSnark/comments/143stni/jason_and_jessica_at_it_again_calling_me/jncnvsi/', 'You can tell her lawyer does not do family law normally…bc if they did they would advise her to sit the fuck down and shut the fuck up. At this point Reece seems more stable than Jess, gun and all.🤣', '143stni']]], ['u/Express_Baker_1852', 'Bitcoin #1a', 40, '2023-06-08 01:41', 'https://www.reddit.com/r/Currencytradingcards/comments/143sx3j/bitcoin_1a/', 'I pulled this in the one pack I bought just to see of I could get into this but im having a hard time determining what rarity I pulled, its marked 99/99 on the back', 'https://i.redd.it/35ovgycgmo4b1.jpg', '143sx3j', [['u/-Squidster-', 18, '2023-06-08 01:50', 'https://www.reddit.com/r/Currencytradingcards/comments/143sx3j/bitcoin_1a/jnbseyi/', 'You pulled a very nice card, it’s the very last of a total of 99 Emerald 1A refractor printed!\n\nCongrats!\n\nI know it’s hard to tell with the Crypto Coin themed cards cause normally an Emerald Refractor would have a green border to it, but the 1A card are special and have an exception to this, being silver borders. And the other ones, such as BTC/ETH/LTC do the entire card the Gemstone’s color.\n\nExample below of a Ruby #1\n\nhttps://preview.redd.it/qlzmyniooo4b1.jpeg?width=3024&format=pjpg&auto=webp&v=enabled&s=e19d4654ef81d042f0d1743df74c0d5fa4735a8b', '143sx3j'], ['u/thatbromatt', 14, '2023-06-08 01:59', 'https://www.reddit.com/r/Currencytradingcards/comments/143sx3j/bitcoin_1a/jnbtp9n/', "Holy smokes you are incredibly lucky! The 1a is considered a pretty rare base card in and of itself, so to get a gemstone refractor is pretty gnarly! Throw that bih in a protector asap if you haven't :D shes a beaut", '143sx3j'], ['u/forbiddendoughnut', 13, '2023-06-08 02:22', 'https://www.reddit.com/r/Currencytradingcards/comments/143sx3j/bitcoin_1a/jnbwtv7/', 'Man oh man is that ruby a beauty.', '143sx3j']]], ['u/Key-Rip8688', 'Is This Job a Scam?', 18, '2023-06-08 02:17', 'https://www.reddit.com/r/remotework/comments/143ts98/is_this_job_a_scam/', 'I applied for a customer service representative job (remote job) on indeed. They messaged me over indeed and asked me to email them. There email looked like the company as it had a company name in it. The email sent was very long with a company logo thanking me for reaching out and explained a trial period was to occur before hiring that I would be payed for. The trial period is 1 week and if i do well I am hired. I emailed and said I am okay with that. She then sent me the employee agreement which I signed. \n\nFrom here is where i got suspicious. I looked up the company and everyrhing seemed legit. I ended up talking to her over an app called telegram and she told me to make a kraken account. I made one and then she made me watch alot of videos to watch about bitcoin, microsoft and so on. Someone then called me to confirm I watched all the videos before we proceed.\n\nToday they sent me $2700 over etransfer and they told me to use kraken to get a QR code then got to my bank, take out the money she sent me and then go to a canada post to deposit the mon... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 holds firm at $26.5K as investors remain largely unstirred by SEC lawsuits and look toward the Federal Reserve\'s monetary policy decision next week.\nInsights:The Fed may halt its hawkishness at its next FOMC meeting, but not after, said Valkyrie Chief Investment Officer Steven McClurg.\nCoinDesk Market Index (CMI)\n1,149\n+2.0▲0.2%\nBitcoin (BTC)\n$26,469\n+89.8▲0.3%\nEthereum (ETH)\n$1,845\n+9.7▲0.5%\nS&P 500\n4,293.93\n+26.4▲0.6%\nGold\n$1,980\n+37.1▲1.9%\nNikkei 225\n31,641.27\n−272.5▼0.9%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,149", "+2.0\\u25b20.2%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$26,469", "+89.8\\u25b20.3%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,845", "+9.7\\u25b20.5%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,293.93", "+26.4\\u25b20.6%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,980", "+37.1\\u25b21.9%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["31,641.27", "\\u2212272.5\\u25bc0.9%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nA Resilient Bitcoin\nBitcoin soldiered on for yet another day, unmoved from this week’s Securities and Exchange (SEC) lawsuits against exchange giants Binance and Coinbase and ongoing concerns about inflation and central bank hawkishness.\nThe largest cryptocurrency by market capitalization was recently trading at $26,474, roughly flat over the past 24 hours and about where it’s stood since Tuesday when the SEC filed its suit against Coinbase and asked a court to grant a temporary restraining orderto freeze assetstied toBinance.US. The agency sued Binance, the world’s largest exchange by trading volume, on Monday, raising concerns that the latest regulatory crackdown would send markets plunging. BTC took an initial dive below $26,000 on Tuesday but has since held steady above the threshold with analysts suggesting that investorshad already priced inthe actions.\n“It’s hard to imagine a tougher regulatory situation facing the digital asset industry in the United States than what’s happening right now,” Andrew Lawrence, co-founder and CEO of onchain custody platform Censo, wrote in an email to CoinDesk. “ It can feel pretty bleak, and yet there’s been a tremendous resilience shown by Bitcoin and other key crypto assets. We saw a pullback that was far less pronounced than what happened during last year’s daisy chain of collapses.”\nRead More:Can Binance Survive the SEC\'s Charges?\nLawrence attributed cryptos’ resilience at least partly to the growing embrace of digital assets outside the U.S. He highlighted the growing trade volumes in Asia as Hong Kong has facilitated retail trading and wider access to the industry, and new more crypto-friendly regulatory frameworks in the European Union and Dubai.\n“Digital assets are truly global,” Lawrence noted, adding that “longer term, this industry is poised to continue its exponential growth. I just worry that the bulk of this growth will occur outside of the United States – that is, if there are no developments in terms of the positive proposed legislation that is currently working its way through Congress.”\nEther was recently changing hands at $1,852, about where it perched on Wednesday, same time. The second largest crypto in market value held tight in “uptrend” territory of theCoinDesk Indices Ether Trend Indicator(ETI), a bullish sign even as bitcoin has languished in a “downtrend” position.Tokens mentioned in the separate lawsuits rebounded slightly with BNB, the token of the Binance exchange, recently up 0.5% and ADA, SOL and MATIC, the tokens of the Cardano, Solana and Polygon smart contracts protocols, either flat or up slightly. Popular meme coins DOGE and SHIB were also in the green.\nMajor stock indexes closed on the upside with the S&P 500 rising 0.6% to end its longest bear market in 85 years amid a surge in technology stocks. Bear markets end when an index rises from a previous market low. The technology-heavy Nasdaq Composition was up a percentage point. Treasury yields, which tend to travel inversely from crypto markets, sank. Jobless claims arrived higher than expected on Monday to buoy hopes that the U.S. central bank would suspend its year-long diet of interest rate hikes at its Federal Open Market Committee (FOMC) meeting next week. Investors will be eyeing the next Consumer Price Index (CPI) for the latest indication that inflation is waning.\nMeanwhile, in an email to CoinDesk, Sacha Ghebali, director of strategy at crypto information provider The Tie, wrote of “clear dislocations in the (crypto) market, resulting in rapid outflows of capital” from Binance. On Wednesday, the BTC-U.S. dollar trading pair onBinance.USjumpedas high as $28,800 – likely the result of “large investors and active traders stopping their trading activity and pulling assets off the exchange as a result of risk-mitigation actions,” Ghebali wrote.\nBut he noted bitcoin’s price strength and the outperformance of DeFi tokens relative to centralized exchange ones. “This could be a result of users preferring decentralized exchanges over their centralized counterparts in light of the regulatory risks facing the latter,” he wrote.\nHe added: “The Ethereum ecosystem has also held up relatively well when compared to other ecosystems. The DeFi market capitalization, in general, is down roughly five percent since the beginning of the month, whereas the DeFi market capitalization on the Ethereum ecosystem specifically is down less than two percent.”\n[{"Asset": "Polygon", "Ticker": "MATIC", "Returns": "+2.1%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Terra", "Ticker": "LUNA", "Returns": "+1.2%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Chainlink", "Ticker": "LINK", "Returns": "+1.1%", "DACS Sector": "Computing"}]\n[{"Asset": "Avalanche", "Ticker": "AVAX", "Returns": "\\u22121.0%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Stellar", "Ticker": "XLM", "Returns": "\\u22120.6%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Polkadot", "Ticker": "DOT", "Returns": "\\u22120.5%", "DACS Sector": "Smart Contract Platform"}]\nA Halt to Rate Hikes but Not for Long\nWill the U.S. central bank boost interest rates again next week? What will a decision to the affirmative or negative mean for crypto?\nSteven McClurg, the chief investment officer for alternative asset management company Valkyrie believes the Federal Reserve will suspend its nearly year-long diet of rate hikes, given what he sees as an ongoing banking crisis. That may weigh favorably for digital assets, but in an interview on CoinDesk TV\'s "First Mover" program, McClurg agreed with other analysts who believe the cessation will be temporary amid continued price pressure and other macroeconomic uncertainties.\nOver the past year, Interest rate increases have tended to unsettle investors and send crypto prices downward.\n"It\'s very prudent that the Fed has decided to stop raising rates at the moment, primarily because we do have a banking crisis on our hands right now, and we also have a dollar competence crisis," McClurg said.\nAccording to theCME Fedwatch tool, the probability that interest rates will remain at the current target rate of 5%-5.25% is 72.5%. That\'s ticked down over the past month when a flurry of data suggested that inflation would continue waning, but more mixed signals in recent weeks seem to have discouraged interest rate traders who participate in the ongoing survey.\nStill, threats to the banking system have loomed large since a series of U.S. bank failures, that central bank critics have tied to its overzealousness. McClurg noted that banking deposits totaling hundreds of billions of dollars "left the U.S. this year," and that Switzerland, which suffered its own banking crisis in March, resulting in the sale of Credit Suisse to rival UBS, had also seen a significant outflow "to places like Singapore, Dubai, other jurisdictions where they feel like your money is a little safer."\n"With continued interest rate hikes, the Fed would put many other banks in danger. So that\'s why we\'re on pause."\nMcClurg called any continued decline in CPI a "reversion to the mean scenario with inflation," where 4% plus is still very high. We\'re not seeing the 12% to 18% clips, but we\'re going to see that again."\nHe added that he would be closely watching oil prices, which have retreated over the past year from near record highs. "I believe oil will probably double in price this year, which will drive the rest of inflation," McClurg said. "That will force the Fed to continue to raise rates to try to stave off inflation to the last half of the year.\n9:30 a.m. HKT/SGT(1:30 UTC)China Consumer Price Index (YoY/May)\n4:00 p.m. HKT/SGT(8:00 UTC)European Central Bank\'s De Guindos Speech\n8:30 p.m. HKT/SGT(12:30 UTC)Canada Net Change in Employment (May)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nSEC-Targeted Tokens Tumble; Binance Says Gensler Once Offered to Be an \'Informal Advisor\'\nMajor cryptocurrencies targeted as unregistered securities in recent SEC lawsuits against Binance and Coinbase continue to decline. Valkyrie Chief Investment Officer Steven McClurg reacted. Meantime, a letter from Binance’s counsel said that SEC Chair Gary Gensler should be recused from the case because he once offered to be an "informal advisor." Bain Capital Crypto Partner and Head of Regulatory and Policy, TuongVy Le, weighed in on the state of crypto regulation. Plus, CoinDesk Executive Director of Global Content Emily Parker explained what Apple\'s new mixed-reality headset means for Web3.\nCrypto Custody Firm BitGo Reaches Preliminary Agreement to Buy Prime Trust, Sources:The financial terms of the deal were not disclosed by the source.\nOptimism Says Ether Now Treated as Native Cryptocurrency Alongside OP Token:Repre Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-09 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $515,772,877,500 - Hash Rate: 430421503.0643882 - Transaction Count: 387084.0 - Unique Addresses: 676835.0 Social & AI Sentiment: - Fear & Greed Index: 0.50 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Baron Funds, an investment management company, released its “Baron Partners Fund” first quarter 2023 investor letter. A copy of the same can be downloaded here . Despite the market volatility, the fund performed well and returned 23.41% in the first quarter, which exceeds the Russell Midcap Growth Index’s 9.14% return and the S&P 500 Index’s 7.50% return in the same period. In addition, please check the fund’s top five holdings to know its best picks in 2023. Baron Partners Fund highlighted stocks like Illumina, Inc. (NASDAQ: ILMN ) in the first quarter 2023 investor letter. Headquartered in San Diego, California, Illumina, Inc. (NASDAQ:ILMN) is a life science tools and integrated systems manufacturer. On May 22, 2023, Illumina, Inc. (NASDAQ:ILMN) stock closed at $208.85 per share. One-month return of Illumina, Inc. (NASDAQ:ILMN) was -4.50%, and its shares lost 13.07% of their value over the last 52 weeks. Illumina, Inc. (NASDAQ:ILMN) has a market capitalization of $33.019 billion. Baron Partners Fund made the following comment about Illumina, Inc. (NASDAQ:ILMN) in its Q1 2023 investor letter: "Illumina, Inc. (NASDAQ:ILMN), the market leader in DNA sequencing technology, detracted from performance for the period held. During the quarter, activist investor Carl Icahn nominated three directors to the Illumina board and criticized the current management team’s decisions with respect to Grail, an acquisition that has developed an early cancer detection test called Galleri. Icahn is urging Illumina to sell the Grail business as soon as possible to eliminate the near-term earnings dilution and allow investors to participate in the core Illumina business. In early April, the FTC ordered the divestment of Grail. We exited our position early in the quarter.” Healthcare biology microscope, lab laboratory Pressmaster/Shutterstock.com Illumina, Inc. (NASDAQ:ILMN) is not on our list of 30 Most Popular Stocks Among Hedge Funds . As per our database, 44 hedge fund portfolios held Illumina, Inc. (NASDAQ:ILMN) at the end of the fourth quarter which was 49 in the previous quarter. Story continues We discussed Illumina, Inc. (NASDAQ:ILMN) in another article and shared the list of best stocks to buy and hold according to billionaire Carl Icahn. In addition, please check out our hedge fund investor letters Q1 2023 page for more investor letters from hedge funds and other leading investors. Suggested Articles: 16 Fastest Growing Franchises in the US in 2023 12 Trusted Bitcoin Investment Sites 12 Cheap Dividend Stocks With High Yields Disclosure: None. This article is originally published at Insider Monkey .... - 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: ["Ordinal Bored Ape Yacht Club ($OBAYC) is a groundbreaking project that combines the world of Bored Apes and Bitcoin\nVilnius, Lithuania, June 09, 2023 (GLOBE NEWSWIRE) -- Ordinal Bored Ape Yacht Club ($OBAYC) is proud to announce a groundbreaking project that combines the innovative concept of Bitcoin ordinals with the power and flexibility of the Ethereum blockchain. This unique initiative brings together the world of Bored Apes and Bitcoin, offering an unparalleled experience for BTC maximalists and Bored Ape Yacht Club (BAYC) enthusiasts.\nBy leveraging the cutting-edge Bitcoin Ordinal system, OBAYC has decided to launch the $OBAYC token on the BRC-20 standard. However, the project has taken a step further and wrapped the $OBAYC token with WETH (Wrapped Ether), enabling seamless transactions and leveraging the popularity and efficiency of the widely adopted ERC-20 network.\nThe journey to create the world's first Bored Apes on Bitcoin has been a meticulous process. Our team successfully fractionalized the $OBAYC Ordinal into 1 quadrillion ERC20 tokens using the fractional.art platform. This groundbreaking achievement transforms the Bitcoin-Native Ordinal into the very first Bored Ape Yacht Club token residing on the Bitcoin network. This opens up new horizons for BAYC enthusiasts and Bitcoin maximalists alike.\nOrdinal Bored Ape Yacht Club has outlined an ambitious roadmap with a series of exciting plans that aim to revolutionize the cryptocurrency landscape:\n1. Major CEX Listings:$OBAYC will be listed on several leading cryptocurrency exchanges, ensuring increased liquidity and accessibility for a broader range of investors and traders.\n2. Top YouTuber Campaign:OBAYC is launching a strategic marketing campaign featuring influential YouTubers to create widespread awareness and drive the adoption of $OBAYC, thereby expanding the reach of the project to a global audience.\n3. Airdrop to Bored Ape Holders + Ordinal Communities:As a token of gratitude to Bored Ape holders and the wider Ordinal community, OBAYC will distribute exclusive airdrops of $OBAYC tokens. This gesture aims to reward their unwavering support and foster a strong and engaged community. There is a 5% allocation specifically reserved for ape holders, allowing anyone who possesses an ape in their wallet to come and claim.\n4. Insane OBAYC Bitcoin NFTs:OBAYC will create unique and highly sought-after OBAYC Bitcoin NFTs, offering an unprecedented level of value and utility to token holders. These exclusive digital collectibles will provide access to a range of privileges and experiences within the Bored Ape Yacht Club ecosystem.\n5. OBAYCSwap:A user-friendly and efficient token-swapping mechanism will be introduced, enabling seamless conversion between BTC and $OBAYC tokens. This feature will enhance liquidity and facilitate convenient asset management for our users.\n6. Crazy Holder Bonuses & Benefits:$OBAYC holders will enjoy a host of exciting bonuses and benefits, including exclusive access to limited-edition NFT drops, VIP events, community governance, and participation in the decision-making process.\nThe Ordinal Bored Ape Yacht Club team comprises highly experienced developers who have previously launched projects with market caps exceeding $50 million. Additionally, OBAYC’s talented marketing team includes professionals who have spearheaded successful campaigns for renowned crypto projects such as Kishu and Baby Doge.\nOrdinal Bored Ape Yacht Club aims to bridge the gap between the BTC maximalist community and the vibrant Bored Ape Yacht Club ecosystem. By combining the strength of Bitcoin with the creative spirit and passionate community of BAYC, the project strives to redefine the possibilities within the crypto space.\nTo learn more about Ordinal Bored Ape Yacht Club and participate in the project, visit the official website athttps://www.ordinalbayc.net/. The presale for $OBAYC tokens is currently live and can be accessed athttps://www.pinksale.finance/launchpad/0x188f473baf13E30ed045cfe75b00bd3527E65b44?chain=ETH&refId=0x7bfa3433d4CbBE59bDC195625213978B19Bb2Ac7.\nAbout Ordinal Bored Ape Yacht Club ($OBAYC)\nOrdinal Bored Ape Yacht Club ($OBAYC) is a groundbreaking project that combines the world of Bored Apes and Bitcoin by fractionalizing the $OBAYC Ordinal into 1 quadrillion ERC20 tokens and wrapping them with WETH. As the first-ever Bored Ape Yacht Club token residing on the Bitcoin network, $OBAYC offers a unique experience for BTC maximalists and BAYC enthusiasts. The project aims to bridge the gap between Bitcoin and BAYC communities, providing unprecedented opportunities for users in both networks.\nWebsite\|Twitter\|Telegram\n###\nOrdinal Bored Ape Yacht Club ($OBAYC)\[email protected]\nhttps://www.ordinalbayc.net/\nDisclaimer:\nThis announcement is not directed at any investors or potential investors, and does not constitute an offer to sell — or a solicitation of an offer to buy — any securities, and may not be used or relied upon in evaluating the merits of any investment. Any projections, estimates, forecasts, targets, prospects and/or opinions expressed in this release are subject to change without notice. The contents in here should not be construed as or relied upon in any manner as investment, legal, tax, or other advice.", "Ordinal Bored Ape Yacht Club ($OBAYC) is a groundbreaking project that combines the world of Bored Apes and Bitcoin Vilnius, Lithuania, June 09, 2023 (GLOBE NEWSWIRE) -- Ordinal Bored Ape Yacht Club ($OBAYC) is proud to announce a groundbreaking project that combines the innovative concept of Bitcoin ordinals with the power and flexibility of the Ethereum blockchain. This unique initiative brings together the world of Bored Apes and Bitcoin, offering an unparalleled experience for BTC maximalists and Bored Ape Yacht Club (BAYC) enthusiasts. By leveraging the cutting-edge Bitcoin Ordinal system, OBAYC has decided to launch the $OBAYC token on the BRC-20 standard. However, the project has taken a step further and wrapped the $OBAYC token with WETH (Wrapped Ether), enabling seamless transactions and leveraging the popularity and efficiency of the widely adopted ERC-20 network. The journey to create the world's first Bored Apes on Bitcoin has been a meticulous process. Our team successfully fractionalized the $OBAYC Ordinal into 1 quadrillion ERC20 tokens using the fractional.art platform. This groundbreaking achievement transforms the Bitcoin-Native Ordinal into the very first Bored Ape Yacht Club token residing on the Bitcoin network. This opens up new horizons for BAYC enthusiasts and Bitcoin maximalists alike. Ordinal Bored Ape Yacht Club has outlined an ambitious roadmap with a series of exciting plans that aim to revolutionize the cryptocurrency landscape: Major CEX Listings: $OBAYC will be listed on several leading cryptocurrency exchanges, ensuring increased liquidity and accessibility for a broader range of investors and traders. Top YouTuber Campaign: OBAYC is launching a strategic marketing campaign featuring influential YouTubers to create widespread awareness and drive the adoption of $OBAYC, thereby expanding the reach of the project to a global audience. Airdrop to Bored Ape Holders + Ordinal Communities: As a token of gratitude to Bored Ape holders and the wider Ordinal community, OBAYC will distribute exclusive airdrops of $OBAYC tokens. This gesture aims to reward their unwavering support and foster a strong and engaged community. There is a 5% allocation specifically reserved for ape holders, allowing anyone who possesses an ape in their wallet to come and claim. Insane OBAYC Bitcoin NFTs: OBAYC will create unique and highly sought-after OBAYC Bitcoin NFTs, offering an unprecedented level of value and utility to token holders. These exclusive digital collectibles will provide access to a range of privileges and experiences within the Bored Ape Yacht Club ecosystem. OBAYCSwap: A user-friendly and efficient token-swapping mechanism will be introduced, enabling seamless conversion between BTC and $OBAYC tokens. This feature will enhance liquidity and facilitate convenient asset management for our users. Crazy Holder Bonuses & Benefits: $OBAYC holders will enjoy a host of exciting bonuses and benefits, including exclusive access to limited-edition NFT drops, VIP events, community governance, and participation in the decision-making process. Story continues The Ordinal Bored Ape Yacht Club team comprises highly experienced developers who have previously launched projects with market caps exceeding $50 million. Additionally, OBAYC’s talented marketing team includes professionals who have spearheaded successful campaigns for renowned crypto projects such as Kishu and Baby Doge. Ordinal Bored Ape Yacht Club aims to bridge the gap between the BTC maximalist community and the vibrant Bored Ape Yacht Club ecosystem. By combining the strength of Bitcoin with the creative spirit and passionate community of BAYC, the project strives to redefine the possibilities within the crypto space. To learn more about Ordinal Bored Ape Yacht Club and participate in the project, visit the official website at https://www.ordinalbayc.net/ . The presale for $OBAYC tokens is currently live and can be accessed at https://www.pinksale.finance/launchpad/0x188f473baf13E30ed045cfe75b00bd3527E65b44?chain=ETH&refId=0x7bfa3433d4CbBE59bDC195625213978B19Bb2Ac7 . About Ordinal Bored Ape Yacht Club ($OBAYC) Ordinal Bored Ape Yacht Club ($OBAYC) is a groundbreaking project that combines the world of Bored Apes and Bitcoin by fractionalizing the $OBAYC Ordinal into 1 quadrillion ERC20 tokens and wrapping them with WETH. As the first-ever Bored Ape Yacht Club token residing on the Bitcoin network, $OBAYC offers a unique experience for BTC maximalists and BAYC enthusiasts. The project aims to bridge the gap between Bitcoin and BAYC communities, providing unprecedented opportunities for users in both networks. Website \| 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: 2023-06-10 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $495,968,543,400 - Hash Rate: 392218411.0764248 - Transaction Count: 365369.0 - Unique Addresses: 643676.0 Social & AI Sentiment: - Fear & Greed Index: 0.49 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Kyle White agrees to his second entrepreneurial exit after Interstellar Digital acquisition Miami, FL, May 16, 2023 (GLOBE NEWSWIRE) -- Interstellar Digital LLP, a leading venture marketing agency founded by Kyle White and Maria Lobanova, has been acquired in full by new LLC, to focus more on public relations, branding, and communication for an undisclosed sum. The acquisition will create Interstellar Digital LLC based in Miami that will offer a full range of digital services to clients across various industries including blockchain technologies and non-fungible tokens. Interstellar Digital is led by Maria Lobanova who has a 10 plus year history delivering success to clients. Kyle White will remain on as a Partner Advisor with the new company, bringing his expertise and experience in scaling startups and structuring communication success. The acquisition makes this Kyle’s second successful exit from a startup he founded in his career. He is also a sought-after speaker, analyst, and author on blockchain topics having first utilized crypto in 2015. Kyle is an experienced venture marketing Advisor and M&A Executive for over 15 companies raising over $600 million in funding and worked on over $2 billion in acquisitions. “I’m thrilled to see Maria Lobanova and her team at Interstellar Digital LLC set up this new structure,” said White. “Maria is a visionary leader who shares my passion for creating impactful solutions for clients. Together, we delivered exceptional results and value helping Interstellardigital.io to continue to thrive under her leadership.” Maria Lobanova will continue on as the CEO of the Interstellar Digital LLP public relations agency. In addition to Interstellar Digital, she is a contributor to top media outlets including Bitcoin Magazine, HackerNoon, and GQ. Maria started in the crypto industry in 2016 meeting with Vitalik Buterin in Moscow early on in her career. Maria has organized tier one crypto events like Cryptospace Moscow with top industry leaders including the CGO of Binance, the CEO of eToro, and CEO of Metaverse. During CryptoRunway at Art Basel in Miami she spoke on the panel with the CEO of Rarible and the CEO of Doodles. Maria organized the Crypto Gala in Miami sponsored by Polygon, Securitize and other notable companies as well as the Gam3r’s Choice Awards. “I’m delighted to have acquired Interstellar Digital LLP in full,” said Lobanova. “Kyle is a blockchain legend who has built an impressive portfolio of clients and projects over the years. His expertise and insights will continue to be invaluable to Interstellar Digital.” Interstellar Digital LLC will operate in Miami but continue to have a global presence. The company will continue to offer its signature services such as public relations, communications, influencer marketing, social media management, community management, and event planning. Interstellar Digital LLC offers a full range of digital marketing services to clients across various industries like web3, blockchain, AI, and high tech. The company was formed by the acquisition of Interstellar Digital Partnership by Maria Lobanova. The acquisition of Interstellar LLP marks Kyle White’s second successful entrepreneurial exit and he will remain as a Partner advisor with the new company. For more information, visit interstellardigital.io or follow @interstellardigitalpr on Instagram. Disclaimer : There is no offer to sell, no solicitation of an offer to buy, and no recommendation of any security or any other product or service in this article. This is not investment advice. Please do your own research. Media Contact : Contact : Maria Lobanova Email : [email protected] Location : Miami, FL Source: Interstellar Digital... - Reddit Posts (Sample): [['u/greenglobones', 'Ignorant question: What would incentivize miners 50-100+ years from now to continue mining Bitcoin to maintain the network as block rewards become less profitable through the halvening?', 41, '2023-06-10 00:06', 'https://www.reddit.com/r/CryptoCurrency/comments/145icdf/ignorant_question_what_would_incentivize_miners/', 'Would people continue mining or attempting to maintain the Bitcoin network through mining in 50-100+ years from now? I suppose that as mining becomes less profitable with block rewards decreasing, what will incentivize the miners in the future?\n\nI suppose that as the price of Bitcoin increases, rewards will still be more profitable since ~6btc/block now would be less profitable than ~3btc/block at a point in the future with the value of 1btc presumed to be higher at that future point. But if BTC does ever find a ceiling, what would the incentive be to continue maintaining the network if 100+ years from now, rewards have been halved so much?', 'https://www.reddit.com/r/CryptoCurrency/comments/145icdf/ignorant_question_what_would_incentivize_miners/', '145icdf', [['u/Baecchus', 29, '2023-06-10 00:17', 'https://www.reddit.com/r/CryptoCurrency/comments/145icdf/ignorant_question_what_would_incentivize_miners/jnl656w/', "The idea is that Bitcoin's price increase will be able to keep up with decreased rewards.\n\nWill it play out that way? We don't know. That's all there is really.", '145icdf'], ['u/Calm-Cartographer677', 11, '2023-06-10 00:18', 'https://www.reddit.com/r/CryptoCurrency/comments/145icdf/ignorant_question_what_would_incentivize_miners/jnl6awu/', 'Mining operations will likely continue to become more efficient over time which will reduce costs and partially offset the reducing block reward.', '145icdf'], ['u/djmoblei', 40, '2023-06-10 00:22', 'https://www.reddit.com/r/CryptoCurrency/comments/145icdf/ignorant_question_what_would_incentivize_miners/jnl6ri3/', 'Fees.', '145icdf'], ['u/EggplantsLover', 20, '2023-06-10 00:23', 'https://www.reddit.com/r/CryptoCurrency/comments/145icdf/ignorant_question_what_would_incentivize_miners/jnl6ye3/', "Because Bitcoin miners are nice, not-greedy people who don't care about profits and would happily take a loss for the good of the community /s", '145icdf'], ['u/Baecchus', 10, '2023-06-10 00:48', 'https://www.reddit.com/r/CryptoCurrency/comments/145icdf/ignorant_question_what_would_incentivize_miners/jnla8gn/', 'Ordinals have entered the chat', '145icdf']]], ['u/BashCo', "On June 12th, r/Bitcoin will go dark for 48 hours in protest of Reddit's API changes that will kill 3rd party apps.", 970, '2023-06-10 00:10', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/', 'Additional reading:\n\nhttps://www.reddit.com/r/Save3rdPartyApps/comments/13yh0jf/dont_let_reddit_kill_3rd_party_apps/\n\nhttps://www.reddit.com/r/redditdev/comments/144l86y/takeaways_and_recommendations_after_api_meeting/\n\nhttps://www.reddit.com/r/apolloapp/comments/144f6xm/apollo_will_close_down_on_june_30th_reddits/\n\nhttps://www.reddit.com/r/redditisfun/comments/144gmfq/rif_will_shut_down_on_june_30_2023_in_response_to/\n\nhttps://www.reddit.com/r/reddit/comments/145bram/addressing_the_community_about_changes_to_our_api/', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/', '145iff8', [['u/TheRealestLarryDavid', 26, '2023-06-10 00:12', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnl5jqq/', 'with you bud. after the outrageous AMA today I imagine this blackout will last indefinitely for a lot of subs', '145iff8'], ['u/GimmeFunkyButtLoving', 10, '2023-06-10 00:43', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnl9igj/', 'NOSTR fixes this', '145iff8'], ['u/Korberos', 35, '2023-06-10 00:56', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnlb5ot/', "Hell yeah. Don't forget to post on [this thread](https://www.reddit.com/r/ModCoord/comments/1401qw5/incomplete_and_growing_list_of_participating/) so you guys get added to the list.", '145iff8'], ['u/Fiach_Dubh', 11, '2023-06-10 01:25', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnley9o/', 'and my axe.\n\nr/bitcoinca will be joining this protest as well', '145iff8'], ['u/BashCo', 23, '2023-06-10 01:52', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnliaq3/', '[Done](https://www.reddit.com/r/ModCoord/comments/1401qw5/incomplete_and_growing_list_of_participating/jnlbv2d/)', '145iff8'], ['u/knuF', 13, '2023-06-10 01:56', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnliqp3/', 'So we going Nostr or what?', '145iff8'], ['u/LNCrizzo', 102, '2023-06-10 02:11', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnlkkst/', 'See you all on nostr.', '145iff8'], ['u/18476', 81, '2023-06-10 02:19', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnllnv3/', "Two days? Yea, that'll teachem.", '145iff8'], ['u/Autism0600', 26, '2023-06-10 03:28', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnlu2vi/', "I don't see what the point of taking 2 days off is going to do. We all know about this. No one likes it. They aren't changing their minds and going dark for a weekend isn't going to break their business. \n\nGo dark for a month or a quarter so they actually feel it. Promote alternatives. Even consider deleting the sub entirely. \n\nThey need to see their new move as less profitable than alternatives. Most businesses can handle two days without revenue. Especially a VC driven industry like tech. The only real threat is migration and deletion. Everything else they can just ignore.", '145iff8'], ['u/mrASSMAN', 14, '2023-06-10 03:46', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnlw87y/', 'Make it a week', '145iff8'], ['u/Korberos', 11, '2023-06-10 03:48', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnlwf40/', 'Over 3500 subreddits are part of it, so apparently a lot of people other than you.', '145iff8'], ['u/BashCo', 21, '2023-06-10 03:50', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnlwnga/', "I think most mods acknowledge that reddit admins aren't going to change course. But in my opinion it's about applying pressure to admins for the absolute shit job they've been doing managing this site over the past several years. Shitting on devs and communities that have helped make this site what it is (for better or worse) is just adding insult to injury.", '145iff8'], ['u/LNCrizzo', 16, '2023-06-10 06:36', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnmew2n/', 'Censorship resistant social media not controlled by a greedy corporation. r/nostr for more info or download Damus for iPhone or Amethyst for Android and jump right in. No KYC to participate either.', '145iff8'], ['u/LNCrizzo', 12, '2023-06-10 08:39', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnmp4xg/', 'The best clients right now are like Twitter, but the protocol is flexible and someone is working on a Reddit clone zapddit.com', '145iff8'], ['u/LNCrizzo', 13, '2023-06-10 09:36', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnmtd3x/', "It's an open source protocol that anyone can build on top of. There is no way for one entity to monopolize the entire thing, so people will always have a choice in how they want to interact with the network. The identity you create (you public/private key pair) is portable and you can take it with you to any client (app) without having to start a new profile from scratch.", '145iff8'], ['u/3D-LASERWOLF', 15, '2023-06-10 11:43', 'https://www.reddit.com/r/Bitcoin/comments/145iff8/on_june_12th_rbitcoin_will_go_dark_for_48_hours/jnn2bov/', 'Then do it indefinitely', '145iff8']]], ['u/lilpoostain200', 'Would You Buy An Unprofitable Business Sitting on Tons of Cash?', 14, '2023-06-10 01:04', 'https://www.reddit.com/r/ValueInvesting/comments/145jqm9/would_you_buy_an_unprofitable_business_sitting_on/', 'I recently came across $EBON, which is a Chinese crypto and blockchain technology company sitting on $250 million dollars of cash with relatively 0 debt or other liabilities and a market cap of $46 million. 90% of revenue had come from Bitcoin mining and net income has been negative for several years. I believe the company will most likely stay unprofitable but are they still undervalued given how much cash they have? I think the company is in a really interesting situation and look forward to watching what happens to the stock price over the next few years.', 'https://www.reddit.com/r/ValueInvesting/comments/145jqm9/would_you_buy_an_unprofitable_business_sitting_on/', '145jqm9', [['u/AleIrurzun', 33, '2023-06-10 01:24', 'https://www.reddit.com/r/ValueInvesting/comments/145jqm9/would_you_buy_an_unprofitable_business_sitting_on/jnletix/', 'Seems like they have no viable business model at all. All that cash was gained raising capital', '145jqm9'], ['u/whiskeyinthejaar', 47, '2023-06-10 01:29', 'https://www.reddit.com/r/ValueInvesting/comments/145jqm9/would_you_buy_an_unprofitable_business_sitting_on/jnlfd1t/', 'When you dance with the pigs, you will smell like shit.', '145jqm9'], ['u/RotoHack', 10, '2023-06-10 02:02', 'https://www.reddit.com/r/ValueInvesting/comments/145jqm9/would_you_buy_an_unprofitable_business_sitting_on/jnljgk2/', 'You should watch China hustle. 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: ['By Louis Juricic and Sarina Isaacs Investing.com -- Here is your weekly Pro Recap on the biggest headlines out of a big earnings week for tech: reactions to Apple\'s Vision Pro launch; the SEC\'s lawsuit against Coinbase; GM\'s collaboration with Tesla; Amazon Prime\'s coming ad-supported tier; and Netflix\'s win on password-sharing crackdown. InvestingPro subscribers get tech headlines like these in real time. Never miss another market-moving alert . A lackluster response to Apple\'s Vision Pro Wall Street reacted with caution to Apple\'s (NASDAQ:AAPL) launch of its much-anticipated mixed reality headset, Vision Pro, which comes at a higher-than-expected price of $3,499. CFRA, for example, said Although we are impressed by its best-in-class hardware/immersive capabilities, we think AAPL failed to identify why it\'s a must-own device for consumers, at least for now. Still, the company\'s entry into the space and greater engagement from developers will help support adoption and new use cases over time. Goldman Sachs said it is encouraged by long-term growth prospects, "but expect near-term financial contributions to be limited" particularly given the high retail price point and media reports that it may be sold at breakeven. And BofA similarly said it expects that "adoption will take time." Apple shares initially sank on news of the launch but partially recovered, and ended the week down just 0.9%. The stock is up some 45% year to date. Coinbase sued by SEC Cryptocurrency exchange Coinbase (NASDAQ:COIN) took a dive early in the week after it was sued by the Securities and Exchange Commission (SEC) for an alleged breach of U.S. securities rules. “We allege that Coinbase, despite being subject to the securities laws, commingled and unlawfully offered exchange, broker-dealer, and clearinghouse functions,” said SEC Chair Gary Gensler in a press release. The exchange is accused of making billions of dollars “unlawfully facilitating the buying and selling of crypto asset securities.” Story continues BofA reiterated its Underperform rating on the stock and said, "[W]e think these latest developments illustrate ongoing regulatory headwinds, which not only could threaten part of [Coinbase]’s business model, but also represent a big management distraction." Meanwhile, Cathie Wood’s Ark Invest increased its stake in the company, as the stock hit near five-month lows. Wood has repeatedly expressed confidence in Coinbase and the broader crypto industry, and has cited a $1 million long-term price target for Bitcoin on the belief that it is an effective inflation hedge. Coinbase shares fell nearly 16% for the week, having lost ground Monday as well after the SEC sued Binance. It\'s still up nearly 60% for the year. General Motors to partake in Tesla\'s charging network General Motors (NYSE:GM) CEO Mary Barra confirmed this week that the company is preparing to integrate the North American Charging Standard (NACS) connector, designed by Tesla (NASDAQ:TSLA), into its EVs beginning in 2025. The announcement, made during a live meeting on Twitter Space with Tesla CEO Elon Musk, mirrors a similar revolution made late last month when neighboring rival Ford Motor (NYSE:F) also announced a collaboration with Musk\'s Tesla. These partnerships allow Ford and GM customers to access the extensive network of Tesla Superchargers. The next day, White House officials handed Tesla another win when they announced that the company’s Superchargers would be eligible to receive a portion of federal funds, amounting in the billions, so long as the chargers also included CCS connections. After the GM news, Wedbush raised its price target on Tesla to $300 from $215, reiterated its "Outperform" rating, and added the shares to the "Wedbush Best Ideas List." GM climbed more than 5% for the week to $36.23. Tesla was up 4% to $244.40, extending an over 117% gain year to date. Amazon to launch ad-supported Prime Video tier: report Amazon (NASDAQ:AMZN) plans to launch an advertising-supported tier of its Prime Video streaming services as part of a move to bolster growth from entertainment, the Wall Street Journal reported Wednesday, citing unnamed sources. Plans to launch an ad-supported tier for its Prime Video streaming service follow similar moves by rivals including Netflix (NASDAQ:NFLX) and Disney (NYSE:DIS) as streaming platforms look for ways to support content spending amid an ongoing battle for dominance. Warner Bros Discovery (NASDAQ:WBD) and Paramount (NASDAQ:PARAA), meanwhile, are reportedly in talks with Amazon to add the ad-based tiers of their streaming services through Amazon’s Prime Video channels. Bank of America analysts believe the ad-supported tier makes sense for Prime Video. "Amazon’s user data, existing relationships with retail advertisers, and extensive ad sales teams provide a competitive advantage for monetizing ad-streaming. Also, tiering may enable Amazon to raise fees on ad-free Prime tiers, which would follow recent fee increases for various Prime and 3P services," it wrote in a client note. The analysts also expect Amazon to continue to lean into video content vs. pulling back in a bid to drive usage. Warner Discovery and Paramount closed the week up 18% and 5%, respectively, following the news. Amazon ended nearly breakeven for the week. Netflix scoops up new subscribers amid password-sharing crackdown Netflix climbed after The Wall Street Journal reported that the crackdown on password sharing in the U.S. delivered a new subscriber windfall in its earliest days. Citing data from Antenna, the WSJ said the streaming giant gained more new U.S. subscriptions between May 25 and May 28, not long after it notified users in the U.S. and other countries of the limits than in any other four-day period since Antenna commenced compiling the data in 2019. The jump in subscribers suggests Netflix’s decision to end password sharing is yielding results. The move to end password sharing means users who share an account outside the same home must pay an extra $7.99 a month to watch. In addition, the number of extra members customers could add to their account is limited, depending on the tier they pay for. Shares rose just under 5% for the week, with year-to-date gains totaling over 40%. Senad Karaahmetovic, Sam Boughedda, Ambar Warrick, and Michael Elkins contributed to this report. Jump on the biggest tech news for your portfolio amid a barrage of market headlines: Always be the first to know with InvestingPro . Related Articles This week in tech: A tepid response to Apple\'s Vision Pro; SEC vs. Coinbase Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.01% Investors rethink recession plays, boosting U.S. stock market laggards', 'By Louis Juricic and Sarina Isaacs\nInvesting.com -- Here is your weekly Pro Recap on the biggest headlines out of a big earnings week for tech: reactions to Apple\'s Vision Pro launch; the SEC\'s lawsuit against Coinbase; GM\'s collaboration with Tesla; Amazon Prime\'s coming ad-supported tier; and Netflix\'s win on password-sharing crackdown.\nInvestingProsubscribers get tech headlines like these in real time.Never miss another market-moving alert.\nWall Street reacted with caution to Apple\'s (NASDAQ:AAPL) launch of its much-anticipated mixed reality headset, Vision Pro, which comes at a higher-than-expected price of $3,499.\nCFRA, for example, said\nAlthough we are impressed by its best-in-class hardware/immersive capabilities, we think AAPL failed to identify why it\'s a must-own device for consumers, at least for now. Still, the company\'s entry into the space and greater engagement from developers will help support adoption and new use cases over time.\nGoldman Sachs said it is encouraged by long-term growth prospects, "but expect near-term financial contributions to be limited" particularly given the high retail price point and media reports that it may be sold at breakeven.\nAnd BofA similarly said it expects that "adoption will take time."\nApple shares initially sank on news of the launch but partially recovered, and ended the week down just 0.9%. The stock is up some 45% year to date.\nCryptocurrency exchange Coinbase (NASDAQ:COIN) took a dive early in the week after it was sued by the Securities and Exchange Commission (SEC) for an alleged breach of U.S. securities rules.\n“We allege that Coinbase, despite being subject to the securities laws, commingled and unlawfully offered exchange, broker-dealer, and clearinghouse functions,” said SEC Chair Gary Gensler in a press release.\nThe exchange is accused of making billions of dollars “unlawfully facilitating the buying and selling of crypto asset securities.”\nBofA reiterated its Underperform rating on the stock and said, "[W]e think these latest developments illustrate ongoing regulatory headwinds, which not only could threaten part of [Coinbase]’s business model, but also represent a big management distraction."\nMeanwhile, Cathie Wood’s Ark Invest increased its stake in the company, as the stock hit near five-month lows. Wood has repeatedly expressed confidence in Coinbase and the broader crypto industry, and has cited a $1 million long-term price target for Bitcoin on the belief that it is an effective inflation hedge.\nCoinbase shares fell nearly 16% for the week, having lost ground Monday as well after the SEC sued Binance. It\'s still up nearly 60% for the year.\nGeneral Motors (NYSE:GM) CEO Mary Barra confirmed this week that the company is preparing to integrate the North American Charging Standard (NACS) connector, designed by Tesla (NASDAQ:TSLA), into its EVs beginning in 2025.\nThe announcement, made during a live meeting on Twitter Space with Tesla CEO Elon Musk, mirrors a similar revolution made late last month when neighboring rival Ford Motor (NYSE:F) also announced a collaboration with Musk\'s Tesla.\nThese partnerships allow Ford and GM customers to access the extensive network of Tesla Superchargers.\nThe next Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-11 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $500,604,948,938 - Hash Rate: 415140266.2692028 - Transaction Count: 399201.0 - Unique Addresses: 561469.0 Social & AI Sentiment: - Fear & Greed Index: 0.47 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The bitcoin mining hashrate, a measure of computing power on the network, will likely decline dramatically a year from now, once rewards are halved. Roughly every four years, the reward for successfully mining a bitcoin block is cut in half. This event, known as the halving , reduces inflationary pressure on bitcoin. Currently, rewards are 6.25 BTC per block ($170,000) and in April 2024 they will be reduced to 3.125 BTC per block ($85,000). Currently, publicly listed miners mine at a cost of $10,000-$15,000 per bitcoin, said Wolfie Zhao, head of research at mining consultancy Blocksbridge. Once the halving happens, these costs will double, bringing miners breakeven point to $20,000-$30,000. If bitcoin isnt seriously above $30,000, many of them could be mining at a gross loss, he said. Wall Street giant JPMorgan predicted the cost to mine bitcoin could rise as high as $40,000 after the halving. With such a high cost of mining and absent any significant rally in the price of bitcoin, only the most cost efficient miners will survive, while others will be forced to shut down their operations. Energy cost and equipment efficiency will determine winners and losers post halving, said Kerri Langlais, chief strategy officer at bitcoin miner TeraWulf (WULF). Operators with higher production costs per bitcoin will have a more difficult time surviving the halving. According to data compiled by Zhao , Stronghold Digital Mining (SDIG), Cipher Mining (CIFR) and Riot Platforms (RIOT) have the lowest costs of production, with Stronghold at $8,200, Cipher at $8,600 and Riot at $10,400 per bitcoin in the first quarter. Efficiency matters Considering that margins are likely to shrink, miners have begun strategizing on capital preservation, fleet efficiency, and diversification, investment bank Stifels analyst Bill Papanastasiou wrote in a note in late May. Broadly speaking, the industry has turned its focus to the efficiency of operations and machines, as opposed to simply bringing as much hashrate online as possible, which was the case during the bull market of 2021. Story continues Read more: A Huge Glut of Bitcoin Mining Rigs Is Sitting Unused in Boxes Once the hashrate sees a large drop off immediately after the halving, we will see very slow growth the following months as the efficient machines replace older machines, and machines change hands to lowest cost operators, said Ethan Vera, chief operating officer at mining services firm Luxor Technologies. New investments Moreover, investments in new machines have been measured, Papanastasiou said, given the uncertainty over the economics of mining for the upcoming year. The mining business already comes with a high cost of capital relative to other industries, double that of the precious metals sector, according to Luxor Technologies analyst Jaran Mellerud . The lack of investment might seem counterintuitive considering that hashrate and difficultya measure of how easily miners can discover a block of bitcoin has been consistently increasing in the past few months, despite the crypto bear market. Both metrics, key measures for the miners profitability, have been setting new all-time highs throughout 2023. Read more: Bitcoin Mining Difficultys Record Setting Streak Shows No Signs of Stopping However, the rising hashrate can reflect economic conditions of several months ago. Because mining facilities and equipment take several months to be developed, the hashrate growth largely reflects investments made in previous periods. Still, discussions for new developments have seen an uptick in 2023, said B Riley analyst Lucas Pipes in a note to investors. Investment in new buildings is subdued compared to 2021 levels, but relative to the autumn of 2022, when bitcoin prices were in their lows of around $15,000, the situation has improved for the industry. A rally in the price of bitcoin or a major slump in energy prices could boost miners profitability, such that they dont have to power off after the halving. Bloomberg Intelligence and Matrixport said that the halving has the potential to supercharge the price of bitcoin by as much as 81%. Historically, the rise in the price of BTC has outpaced the impact of the halving. Time will tell what happens in this cycle, said Langlais.... - Reddit Posts (Sample): [['u/buttcoin_lol', 'Why this time is different: no fiat on/off ramps means no financial future for crypto', 28, '2023-06-11 00:49', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/', "I've been hodling for years and this is the only time that scares me.\n\nI'm specifically talking about the SEC cutting Binance off from USD transfers.\n\nEvery other crisis before I know I could ride out, because I know sentiment is cyclical and prices recover in the long run. I can wait out bear markets and whatever FUD, no problem.\n\nThis time is different because now, I can't rely on an exchange to exist at the end of my long-term hodling to be there to cash out. I'm not one of those people who think BTC will replace fiat and we're all going to transact in crypto. No, the IRS is not going to accept BTC for taxes, ever. McDonald's is not going to. I can't buy a house with crypto. \n\nEven if I wait long enough and BTC is worth $1 million, it's useless to me if there are no exchanges or banks around anymore willing to mess with the government to give me those dollars.\n\nThe SEC is not going to stop with Binance. Coinbase is next, then Kraken, and they will drive out the common ways for people to cash out, until we have to use small sketchy sites based in Bermuda or wherever.\n\nCoinbase can put up a fight. It doesn't matter because their banking partners won't. Banks will cut ties to avoid the risk of being near crypto, and make money somewhere safer.\n\nTell me how crypto can be a good investment seeing how the entire asset class is going to be blacklisted and cut off from the US financial system.", 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/', '146dkt0', [['u/jebelsbemdisbe', 11, '2023-06-11 00:53', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnppnoy/', 'Sell me your coins then', '146dkt0'], ['u/StonedRex', 19, '2023-06-11 00:53', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnppp0w/', 'We can still do P2P sales of crypto. Or you can go to a country that is not the US and cash out your crypto.', '146dkt0'], ['u/Onnimation', 63, '2023-06-11 00:54', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpps2s/', 'Remember there was also a time when alcohol and weed was banned in the US and look what happened.', '146dkt0'], ['u/ZelWinters1981', 12, '2023-06-11 00:54', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpptna/', "It's not just the US. Binance has cut direct FIAT transfers in Australia too.", '146dkt0'], ['u/Einsatzpause', 47, '2023-06-11 00:57', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpq7ow/', "There are more countries than the USA.\n\nIt sucks for you guys, you've got elections coming up next year. Maybe you should give your vote to a candidate who is more crypto friendly.", '146dkt0'], ['u/Onnimation', 19, '2023-06-11 01:07', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnprd14/', 'Unless you ban the internet, people can always trade crypto.', '146dkt0'], ['u/VileNonShitter', 13, '2023-06-11 01:08', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnprjxj/', 'Physical products and services are your on/off ramp, just as Satoshi planned.', '146dkt0'], ['u/StoryPale', 287, '2023-06-11 01:09', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnprm7a/', "The world is much bigger than the US, it's really unfortunate this is happening since US was a crypto haven for a long time but gotta move on.", '146dkt0'], ['u/Therowerr', 13, '2023-06-11 01:17', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpsoij/', 'Exactly, other countries can still adopt crypto...', '146dkt0'], ['u/easer888', 14, '2023-06-11 01:20', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpsymk/', 'Every time and cycle its the same, people freaking out because there is dropping hard, but eventually goes UP!\n\nprobably all this FUD will convert into FOMO middle of next year', '146dkt0'], ['u/bccrz_', 44, '2023-06-11 01:26', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnptr2x/', 'Bitcoin isn’t in danger since it’s a commodity. As long as there are on-ramps to BTC, there can be indirect on-ramps to other cryptocurrencies, right?', '146dkt0'], ['u/burn-slippy', 21, '2023-06-11 01:29', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpu0fe/', 'All this regulation, US is setting up for the introduction of thier cbdc. Nigeria has already done this and their eNaira failed with a user rate of 0.05% of population while crypto use is still aprox 32%. Goverments that are a democracy will always struggle to gain adoption from citizens through choice. I would start worring when goverments start changing laws to make cbdc the sole legal tender for their country.', '146dkt0'], ['u/Savik519', 13, '2023-06-11 01:31', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpubs0/', 'First they ignore you\n\nThen they laugh at you\n\nThen they fight you\n\nThen Bitcoin wins.', '146dkt0'], ['u/Savik519', 40, '2023-06-11 01:38', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpv6p4/', 'Same with gold…', '146dkt0'], ['u/Buttsydon1', 21, '2023-06-11 01:52', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpwujo/', 'Cash out for £ on a exchange in uk an swap £ for $ to cash out.', '146dkt0'], ['u/Odysseus_Lannister', 11, '2023-06-11 01:59', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpxmol/', 'Yeah I’m still not voting for desantis even if that means crypto dies in my country. Hello cold storage and VPNs then.', '146dkt0'], ['u/Radiologer', 13, '2023-06-11 02:03', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpy6z1/', 'Are the stores that accept crypto for goods and services in the room with us now?', '146dkt0'], ['u/Baecchus', 38, '2023-06-11 02:03', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpy7lz/', "People don't seem to understand this.\n\nWorst case scenario: BTC is safe. Altcoins aren't.\n\nBTC will continue to get adopted by institutions and users. Altcoins might not.\n\nNothing about BTC has changed.", '146dkt0'], ['u/Baecchus', 17, '2023-06-11 02:06', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpyhz6/', "The thing is the US has the biggest influence and share on Crypto by far and whatever happens in the US will reflect everywhere else.\n\nYou can expect most other countries to follow in their footsteps. I don't like it, I'm just saying it like it is.", '146dkt0'], ['u/Baecchus', 13, '2023-06-11 02:11', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnpz2r7/', 'Lightning network. \n\nWhat do 99% of these altcoins do outside of luring in naive people to use them as exit liquidity?', '146dkt0'], ['u/vnielz', 19, '2023-06-11 02:22', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnq0fcy/', 'Imo that influence could shift also as more great crypto companies already find their bases outside the US, also BRICS getting stronger, and innovation rapidly grows in Asia and africa too.\n\nTime will tell i guess', '146dkt0'], ['u/Machete521', 15, '2023-06-11 02:29', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnq19sm/', 'ABSOLUTE worst case? Peer to peer.', '146dkt0'], ['u/Eww_vegans', 44, '2023-06-11 02:30', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnq1etz/', 'US plus China is 40% of global GDP... Crypto needs liquidity to survive.', '146dkt0'], ['u/apathy420', 10, '2023-06-11 02:43', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnq2uuk/', 'Yeah… PayPal you can easily convert currency too. I do it all the time as one of my side gigs pays in GBP and I swap for usd.\n\nWhere there’s a will there’s a way :) FU sec and government. Go after the real financial criminals… oh wait that’s the lawmakers and their cronies', '146dkt0'], ['u/Kindly-Wolf6919', 117, '2023-06-11 03:01', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnq50k8/', "Correct. We can thank the US for bringing crypto this far. But it seems like they'll be passing on the torch soon. But I must say, the Caribbean is approaching crypto with a very open mind, as well as Europe. There is hope yet!", '146dkt0'], ['u/ptrnyc', 16, '2023-06-11 03:08', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnq5siw/', 'Also the EU seems to be wanting to adopt a much more nuanced stance regarding crypto.', '146dkt0'], ['u/fall0ut', 13, '2023-06-11 03:10', 'https://www.reddit.com/r/CryptoCurrency/comments/146dkt0/why_this_time_is_different_no_fiat_onoff_ramps/jnq629u/', 'Brics will never take over as a global currency. The world is not going to trust Russia, china, or Brazil. Brics is not getting stronger. 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: ['Renown crypto billionaire Cameron Winklevoss says the youth vote rescued the U.S. Democratic party from defeat in 2020—and that alienating them now will mean "lost votes" in the next election cycle.\n"Senator Warren and Gary Gensler’s war on crypto is going to alienate an entire generation of would-be Democrats," he tweeted.\nHis twin brother Tyler, with whom he co-founded crypto exchange Gemini in 2014, concurred.\n“Roe [v. Wade] cost Republicans the midterms,” Tylertweetedon Sunday. “The Sen. Warren and Gary Gensler war on crypto will cost Dems the 2024 election.”\nAndreessen Horowitz Opening Crypto Office in London\nCameron Winklevosstook to Twitterto denounce efforts by U.S. SenatorElizabeth Warrenand Head of the SECGary Genslerto undermine the cryptocurrency industry, saying their actions might have dire consequences for the Democratic party.\n“Crypto has already won the hearts and minds of Millennials and GenZ," Winklevosstweeted, adding that "they don’t debate the merits of crypto; and they won’t forget the value destruction Warren and Gensler have caused."\nCameron shared aCNN headlinefrom 2022 that indicates the Democrats saved face in last year’s elections thanks to young people. To the crypto entrepreneur, the current regulatory environment could blow up in their face.\nThe Winklevoss twins are long-time Bitcoin permabulls, calling for a$500,000bitcoin price point. Although Cameron has no official party line, he hassupportedRepublican candidates in the past.\nThese statements come amid aggressive actions from Warren and Gensler, two Democratic party members.\nWhat’s the Difference Between the Binance and Coinbase SEC Lawsuits?\nThe former Olympic rowerproposestwo explanations: "[The] blue establishment either doesn\'t understand what\'s going on with Warren and Gensler, or are grossly miscalculating the impact of their actions on youth vote this upcoming election cycle."\nWarren has made headlines this year for her "Anti Crypto Army." She has also claimed that the technology helpsfund the deadly fentanyltrade, broadlydeclaringthat crypto is used by criminals.\nGensler, a staunch critic of cryptocurrencies, is also in the spotlight this week, after the SEC charged bothCoinbaseandBinancewith breaking U.S. securities laws.\nNot all Democrats are anti-crypto, however. Presidential candidate Robert Kennedy Jr., ispro-Bitcoin, appearing as keynote speaker at the recent Bitcoin 2023 conference.\nGensler Is Driving Crypto to Communist China, Says Republican Congressman\nRepublicans, on the other hand, seem much more open to the idea of cryptocurrency.\nWyoming senator Cynthia Lummis, dubbed the "Bitcoin Senator," has beenchampioningBitcoin for years. Republican House Majority Whip Tom Emmer (R-MN) is considered "crypto-friendly."And Ron DeSantis, Governor of Florida and Republican presidential candidate, has meanwhileoutlawedCentral Bank Digital Currencies (CBDCs) in his state.\nThe numbers for crypto appear to be on the Winklevoss’ side. According to areportby Coinbase, approximately 66 million Americans (or 20% of the entire population) own digital assets.\n"They may not care about crypto, but they will care about the lost votes," Cameronconcluded.', 'Renown crypto billionaire Cameron Winklevoss says the youth vote rescued the U.S. Democratic party from defeat in 2020\x97and that alienating them now will mean "lost votes" in the next election cycle. "Senator Warren and Gary Gensler\x92s war on crypto is going to alienate an entire generation of would-be Democrats," he tweeted. His twin brother Tyler, with whom he co-founded crypto exchange Gemini in 2014, concurred. \x93Roe [v. Wade] cost Republicans the midterms,\x94 Tyler tweeted on Sunday. \x93The Sen. Warren and Gary Gensler war on crypto will cost Dems the 2024 election.\x94 Andreessen Horowitz Opening Crypto Office in London Cameron Winklevoss took to Twitter to denounce efforts by U.S. Senator Elizabeth Warren and Head of the SEC Gary Gensler to undermine the cryptocurrency industry, saying their actions might have dire consequences for the Democratic party. \x93Crypto has already won the hearts and minds of Millennials and GenZ," Winklevoss tweeted , adding that "they don\x92t debate the merits of crypto; and they won\x92t forget the value destruction Warren and Gensler have caused." Cameron shared a CNN headline from 2022 that indicates the Democrats saved face in last year\x92s elections thanks to young people. To the crypto entrepreneur, the current regulatory environment could blow up in their face. The Winklevoss twins are long-time Bitcoin permabulls, calling for a $500,000 bitcoin price point. Although Cameron has no official party line, he has supported Republican candidates in the past. These statements come amid aggressive actions from Warren and Gensler, two Democratic party members. What\x92s the Difference Between the Binance and Coinbase SEC Lawsuits? The former Olympic rower proposes two explanations: "[The] blue establishment either doesn\'t understand what\'s going on with Warren and Gensler, or are grossly miscalculating the impact of their actions on youth vote this upcoming election cycle." Story continues Warren has made headlines this year for her " Anti Crypto Army ." She has also claimed that the technology helps fund the deadly fentanyl trade, broadly declaring that crypto is used by criminals. Gensler, a staunch critic of cryptocurrencies, is also in the spotlight this week, after the SEC charged both Coinbase and Binance with breaking U.S. securities laws. Not all Democrats are anti-crypto, however. Presidential candidate Robert Kennedy Jr., is pro-Bitcoin , appearing as keynote speaker at the recent Bitcoin 2023 conference. Gensler Is Driving Crypto to Communist China, Says Republican Congressman Republicans, on the other hand, seem much more open to the idea of cryptocurrency. Wyoming senator Cynthia Lummis, dubbed the " Bitcoin Senator ," has been championing Bitcoin for years. Republican House Majority Whip Tom Emmer (R-MN) is considered " crypto-friendly ." And Ron DeSantis, Governor of Florida and Republican presidential candidate, has meanwhile outlawed Central Bank Digital Currencies (CBDCs) in his state. The numbers for crypto appear to be on the Winklevoss\x92 side. According to a report by Coinbase, approximately 66 million Americans (or 20% of the entire population) own digital assets. "They may not care about crypto, but they will care about the lost votes," Cameron concluded .', "(Some Fortune Crypto pricing data is provided by Binance.)The price of tokens tied to some of the best known blockchains plummeted on Friday days after the Securities and Exchange Commission declared them to be securities in complaints filed against Bitcoin and Ethereum experienced only minor dips, other well-known crypto projects took a beating.\nAs of Sunday evening, the price of Solana's SOL token was down nearly 30% over seven days, while Polygon's MATIC token and Cardano's ADA were down 28% and 29.5%, respectively, over the same period.\nWhile crypto prices slumped across the board following the SEC complaints, which dropped last Monday and Tuesday, it was only on Friday that markets experienced a massive sell-off.\nThe cause of Friday's plunge appears to be a decision by some of the biggest crypto market makers and trading firms to dump their holdings. A Coindeskreportpointed totweetsfrom the analytics firm LookOnChain, which cited blockchain data to say wallets tied to Cumberland, Jump Trading and Robinhood had off-loaded a large volume of tokens to exchanges.\nThese firms' large holdings, combined with an illiquid trading environment following the SEC declaration, likely led to an especially steep drop in prices. Meanwhile, Robinhood on Friday announcedit would delistSolana, Cardano, and Polygon from its exchange as of June 27—another likely blow to their value.\nSolana and Cardano are so-called layer-1 blockchains, which aspire to challenge Ethereum, while Polygon is a side-chain that helps process Ethereum transactions more efficiently. While they took the biggest price hit, other well-known blockchains also experienced a big blow in the wake of the SEC complaints.\nThe seven-day price for tokens tied Filecoin and Internet Computer—both of which were also labelled as securities by the SEC—were down 26% and 24%, respectively, on Sunday. Meanwhile, a number of well-known older projects, notably Litecoin and Dogecoin, were not labelled as securities and have fallen by around 15%.\nThe crypto industry has long decried what it claims has been a lack of guidance from the SEC when it comes to determining which blockchain tokens are securities. The issue is the subject of a closely watchedlegal battlebetween the agency and Ripple, which is associated to the XRP token. A decision is expected as soon as this summer.\nBitcoin, which is down 4% over the past week, is the only token that the SEC has stated not to be a security. Ethereum, whose legal status is unclear, is down 7%. The two tokens are by far the biggest cryptocurrencies by market cap.\nThis story was originally featured onFortune.com\nMore from Fortune:5 side hustles where you may earn over $20,000 per year—all while working from homeLooking to make extra cash? This CD has a 5.15% APY right nowBuying a house? Here's how much to saveThis is how much money you need to earn annually to comfortably buy a $600,000 home", "(Some Fortune Crypto pricing data is provided by Binance.) The price of tokens tied to some of the best known blockchains plummeted on Friday days after the Securities and Exchange Commission declared them to be securities in complaints filed against Bitcoin and Ethereum experienced only minor dips, other well-known crypto projects took a beating. As of Sunday evening, the price of Solana's SOL token was down nearly 30% over seven days, while Polygon's MATIC token and Cardano's ADA were down 28% and 29.5%, respectively, over the same period. While crypto Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-12 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $501,788,921,156 - Hash Rate: 399859029.4740175 - Transaction Count: 370634.0 - Unique Addresses: 617352.0 Social & AI Sentiment: - Fear & Greed Index: 0.47 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin, the world’s largest cryptocurrency by market capitalization, rose 9.87% in the week through April 14 to trade at US$30,688 at 9:15 p.m. on Friday in Hong Kong.Etherrose 13.16% in the same period to US$2,100. It’s been an eventful week for crypto and the global economy. Bitcoin broke US$30,000for the first time since June 2022, days after the blockchain surpassed1 million Ordinalsinscriptions, generating over US$4.8 million in fees for the network. Ordinals are likened to non-fungible tokens (NFTs) on Bitcoin and allow users to mint images, videos, text and even video games. Investor sentiment ticked up after Ethereum completed theShanghai upgradeon Wednesday, enabling staking withdrawals for the first time. Ether broke through the US$2,000 ceiling for the first time since August last year, snuffing out initial concerns that Ether withdrawals would addselling pressureon the world’s second-largest cryptocurrency. Even if Ether are unstaked, it does not necessarily mean that people are going to sell, because they could also use it for other DeFi investments, Chen Zhuling, co-founder and CEO of crypto staking platform RockX, said in an interview on Thursday. On economy readings, the U.S. consumer price index (CPI) released on Wednesday showed a cooler-than-expected inflation gain of 5% in March on year, the smallest increase since May 2021. U.S. equities rallied Thursday on softer readings in the U.S. producer price index and jobless claims, adding to optimism the Federal Reserve could soon end its year-long cycle of raising interest rates to curb inflation. The seeming slowdown in inflation could encourage investors and hedge funds to buy Bitcoin, said Marat Minkin, co-founder of decentralized finance payment appTONBanking. Lower inflation usually encourages investors to take a more aggressive risk stance for assets like Bitcoin, said Minkin in emailed comments. John Isige, an analyst at crypto trading platformVauld, said that Bitcoin’s gains this year show it is maturing as an asset class and that it offers a hedge against economic uncertainty. “Bitcoin is definitely at the start of a bull run. Volumes are still low but holding US$30,000 could keep small retail traders streaming into the market,” Isige said in a LinkedIn response toForkast.The latest CPI data shows inflation is easing in the U.S. and that is encouraging, he said. However, Brian Santos, the founder of the non-profit Bitcoin Business Alliance said the token remains in bearish territory and he expects a price correction if Bitcoin does not break out well above US$30,000. Kadan Stadelmann, chief technical officer of blockchain infrastructure development firmKomodo, agreed that Bitcoin could still be in a bear market due to thin volume. The global crypto market capitalization stood at US$1.28 trillion on Friday at 9:15 p.m. in Hong Kong, up from US$1.18 trillion a week ago, according toCoinMarketCapdata. Bitcoin’s US$594 billion market cap accounted for 46.4% of the market, while Ether’s US$252 billion accounted for 19.7%. See related article:Crypto firms hardpressed to find U.S. bank partners as industry blames ‘Operation Choke Point 2.0’ The Render Network’s token (RNDR) was this week’s biggest gainer among the top 100 coins by market capitalization listed on CoinMarketCap, rallying 24.83% to US$1.61. The token started gaining momentum on April 9, three days after the networkannouncedthe community approval of its migration to Solana. The Render Networkallows idle GPUs (graphics processing units) to beusedfor the digital rendering needed in fields like 3D modeling, gaming imagery, and virtual reality. The WOO coin, the utility token of crypto trading platformWoo Network, was this week’s second biggest gainer with a rise of 23.14% to trade at US$0.25. The token started its rally on April 10, days after crypto exchange Krakenannouncedthe launch of WOO perpetual contracts. “All eyes are on US$32,000, a resistance that may determine the beginning of a bull run. A break above this brings US$38,000 within a reachable scope,” wrote Isige. But Ikrom Ergashev, co-founder of blockchain investment analytics firmNeironix, expects Bitcoin to move sideways next week at US$29,000-32,000, he said in emailed comments. See related article:Ethereum stands firm as Shapella upgrade rolls out... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin rose in Tuesday morning trading in Asia, but failed to break through the US$26,000 ceiling. Ether slipped, while other top 10 non-stablecoin cryptocurrencies by market capitalization were mixed. Solana and BNB led the losers. SEC chairman Gary Gensler doubled down on why he is suing crypto exchanges as two U.S. congressmen proposed a bill to restructure the SEC and remove Gensler. Meantime, Ripple awaits the release of critical evidence that may shape its separate legal battle with the SEC.\nBitcoin rose 0.12% over the last 24 hours to US$25,928 at 7:00 a.m. in Hong Kong, gaining 0.8% in the past seven days. Ether slipped 0.66% to US$1,742, posting a 3.6% loss for the week.\nOut of other top 10 cryptocurrencies, Solana and Binance’s BNB token were the biggest losers.\nThe two are among those that the U.S. Securities and Exchange Commission (SEC) classified as illegally issued financial securities in lawsuits filed early last week against U.S. crypto exchanges Coinbase and Binance.US. The SEC has also filed to freeze the assets of Binance.US.\nSolana lost 2.18% to US$15.20 for a weekly slump of 23.98%. The BNB token fell 2.19% to US$230.60, a drop of 16.08% over the past week.\nPolygon and Cardano – two other crypto tokens named by the SEC as securities – gained on Tuesday morning but both are still down more than 20% since the SEC action.\nPolygon rose 1.40% to US$0.6434 for a weekly fall of 22.72%. Cardano gained 1.01% to US$0.2755 while losing 21.52% in value in the past week.\nSEC chairman Gary Gensler reemphasized the agency’s determination to strictly regulate the crypto sector in a repost on Twitter of hisstatementmade last week. “There’s nothing about the crypto securities markets that suggests that investors & issuers are less deserving of the protections of our securities laws,” Genslertweeted.\nThe backlash against Gensler’s move to sue crypto exchanges is also growing:\xa0 #FireGaryGensler was trending on Twitter Tuesday morning in Asia as U.S. Republican Congressman Warren Davidson said Monday he filed a bill to restructure the SEC and in the process remove Gensler. The bill was backed by Republican Congressman Tom Emmer, but would need support from Democrats to go anywhere.\nCharlie Morris, managing partner of blockchain-focused venture capital CMCC Global, toldForkastin an email: “Rather than offering transparent regulation, the US is regulating by enforcement. This is resulting in uncertainty for project teams and investors, and markets do not like uncertainty.”\nMorris compared the U.S. approach to other regions: “It is interesting that this very negative approach to the digital asset sector appears to be localized in the U.S. This morning [UK Prime Minister] Rishi Sunak struck a very positive tone in welcoming Web3, andHong Konghas seen some very positive developments over the last couple of months.“\nOn Monday, Sunakwelcomedcrypto and blockchain-focused venture capital investor Andreessen Horowitz (a14z), which is setting up its first office outside of the U.S. in London.\nThe XRP token rose 1.07% to US$0.5243 Tuesday morning in Asia, bringing its weekly gain to 3.87%. Ripple Labs Inc., the cryptocurrency’s supervising entity, was sued by the SEC in December 2020, alleging XRP was offered and sold as an unregistered security.\nRipple Labs Chief Executive Officer Brad Garlinghouse on Monday made reference to the so-called “Hinman documents” named after former SEC director William Hinman, who said in an earlier speech that sales of the Ether token were not securities transactions. The comments are a major point of argument between the SEC and Ripple as Ripple seeks to bolster itsfair notice defense.\nIn a Mondaytweet, Garlinghouse said the documents, expected to be unsealed on Tuesday, were “worth the wait.”\nRulings in the Ripple and SEC case are expected to have ramifications across the entire crypto industry in setting how U.S. authorities classify cryptocurrencies.\nThe total cryptocurrency market cap lost 0.58% to US$1.05 trillion in the last 24 hours, while daily trading volume increased by 26.85% to US$30.58 billion, according to CoinMarketCapdata.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the non-fungible token (NFT) market, the Forkast 500 NFT index lost 1.64% to 2,974.36 in the 24 hours to 8:30 a.m. in Hong Kong. The index is down 9.69% for the week.\nTotal NFT sales fell 10.56% to US$19.3 million. Sales on Ethereum, the leading blockchain by volume, fell 18.31% over the last 24 hours to US$11.49 million, according to CryptoSlamdata.\n“The market is struggling due to low ETH volume, lowering prices, etc. The SEC filings is really beginning to impact the market,” said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News.\nThe Bitcoin network was the second largest NFT network in terms of sales transactions, despite losing 28.04% to US$2.1 million in the last 24 hours.\nInscriptions – the metadata added and stored into the smallest unit of Bitcoin, or Satoshis – may get anupgradeto allow them to be larger than 4 megabytes. “Now an inscription can reference another inscription, allowing more data to be stored and referenced. Generative art, games, etc, can now probably be stored on-chain,” said Petscher.\nBitcoin Ordinals and inscriptions are two new features to Bitcoin that were introduced in 2023 — Ordinals are unique identifiers for individual satoshis, while inscriptions are a way to attach metadata to satoshis.\nMythos chain-based DMarket recorded the highest sales as an NFT collection on Cryptoslam, with US$1.08 million in daily sales. DMarket is a global marketplace for trading in-game NFT items and goods that are powered by the Mythos blockchain.\nEthereum-based Bored Ape Yacht Club recorded the second highest sales in the past 24 hours of US$908,147, but that was a steep decline of 45.51% in the 24 hours.\nU.S. stock futures were little changed as of 9:50 a.m. in Hong Kong after gains in regular trading the previous day. Dow Jones Industrial Average futures fell 0.035%, while Nasdaq Futures gained 0.17%. S&P 500 futures edged 0.058% higher.\nDuring Monday’s regular trading, the Dow climbed 0.56%. The S&P 500 added 0.93%, and the Nasdaq jumped 1.53%.\nThe gains came on expectations the Federal Reserve will leave interest rates unchanged when it meets on Wednesday, according toTradingEconomics. U.S. rates are at 5% to 5.25%, the highest since 2006 after ten consecutive hikes that started in March 2022 to slow the pace of inflation that surged to 40-year highs at one stage.\n“Despite a stubbornly robust labour market and still too-sticky inflation, the markets now expect the world’s most influential central bank to pause its interest hike agenda this month,” said Nigel Green, founder and chief executive officer of financial management group deVere, in an email\xa0 statement.\n“This will firmly signal that progress is being made in the battle to cool inflation and this will buoy investors across the board, finally providing a boost to sectors which have been unloved so far this year,” Green added.\nThe CME FedWatch Tool predicts a 80.4% chance the Fed will leave rates as is at this week’s meeting, and a 19.6% chance for another 25-basis-point rate hike.\nHowever, former Fed vice chair Roger Ferguson toldCNBClast Friday that the central bank may raise rates later in the year even if it skips this time.\nThe monthly U.S. Consumer Price Index (CPI), a key inflation indicator, is released Tuesday for May and expectations are for a reading of 4.1% from 4.9% the prior month to indicate inflation is slowing, according toReuters.\n(updates with equity section)', 'Bitcoin rose in Tuesday morning trading in Asia, but failed to break through the US$26,000 ceiling. Ether slipped, while other top 10 non-stablecoin cryptocurrencies by market capitalization were mixed. Solana and BNB led the losers. SEC chairman Gary Gensler doubled down on why he is suing crypto exchanges as two U.S. congressmen proposed a bill to restructure the SEC and remove Gensler. Meantime, Ripple awaits the release of critical evidence that may shape its separate legal battle with the SEC. Crypto mixed Bitcoin rose 0.12% over the last 24 hours to US$25,928 at 7:00 a.m. in Hong Kong, gaining 0.8% in the past seven days. Ether slipped 0.66% to US$1,742, posting a 3.6% loss for the week. Out of other top 10 cryptocurrencies, Solana and Binance\x92s BNB token were the biggest losers. The two are among those that the U.S. Securities and Exchange Commission (SEC) classified as illegally issued financial securities in lawsuits filed early last week against U.S. crypto exchanges Coinbase and Binance.US. The SEC has also filed to freeze the assets of Binance.US. Solana lost 2.18% to US$15.20 for a weekly slump of 23.98%. The BNB token fell 2.19% to US$230.60, a drop of 16.08% over the past week. Polygon and Cardano \x96 two other crypto tokens named by the SEC as securities \x96 gained on Tuesday morning but both are still down more than 20% since the SEC action. Polygon rose 1.40% to US$0.6434 for a weekly fall of 22.72%. Cardano gained 1.01% to US$0.2755 while losing 21.52% in value in the past week. SEC chairman Gary Gensler reemphasized the agency\x92s determination to strictly regulate the crypto sector in a repost on Twitter of his statement made last week. \x93There\x92s nothing about the crypto securities markets that suggests that investors & issuers are less deserving of the protections of our securities laws,\x94 Gensler tweeted . The backlash against Gensler\x92s move to sue crypto exchanges is also growing:\xa0 #FireGaryGensler was trending on Twitter Tuesday morning in Asia as U.S. Republican Congressman Warren Davidson said Monday he filed a bill to restructure the SEC and in the process remove Gensler. The bill was backed by Republican Cong Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-13 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $507,919,979,875 - Hash Rate: 374390301.4820418 - Transaction Count: 410483.0 - Unique Addresses: 682607.0 Social & AI Sentiment: - Fear & Greed Index: 0.45 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Block SQ reported first-quarter 2023 adjusted earnings of 40 cents per share, beating the Zacks Consensus Estimate by 29%. The figure improved by 122.2% year over year. Net revenues of $4.99 billion surpassed the Zacks Consensus Estimate of $4.58 billion. The top line increased by 26% from the prior-year quarter. Year-over-year revenue growth was driven by strong momentum across the Cash App ecosystem, which contributed $3.27 billion to net revenues for the reported quarter, up 33% year over year. Block witnessed solid traction across the Square ecosystem, generating $1.67 billion in net revenues, up 15% year over year. The company’s Corporate & Other — comprising the global music and entertainment platform TIDAL — generated $51 million in net revenues for the first quarter. Further, Block witnessed strong growth in transaction and subscription revenues. Additionally, accelerating gross payment volume (GPV) drove the results. Block, Inc. Price, Consensus and EPS Surprise Block, Inc. Price, Consensus and EPS Surprise Block, Inc. price-consensus-eps-surprise-chart \| Block, Inc. Quote GPV GPV in the first quarter amounted to $51.12 billion, up 17% from the year-ago quarter. This was driven by strength across the Square ecosystem. Notably, Square’s GPV was $46.2 billion (90.4% of the total GPV) in the first quarter, up 17% year over year. Cash App, which accounted for $4.9 billion of the overall GPV (9.6%), remained a positive. The figure increased by 24% year over year. Block continued to experience improvement in its card-present volumes in the reported quarter. Card-present GPV was up 21% from the year-ago quarter. The company’s card-not-present GPV reflected year-over-year growth of 10% in the first quarter. Top Line Details Transaction (28.5% of net revenues): The company generated transaction revenues of $1.42 billion, up 15% year over year. Strong Square ecosystem accounted for $1.29 billion in transaction revenues, up 15% year over year. Further, Cash App contributed $135 million to transaction revenues, up 23% year over year, owing to the rising number of transactions and business accounts. Subscription and Services (27.4% of net revenues): The company generated $1.37 billion in revenues from this category, jumping 42% from the year-ago quarter. The improvement can be attributed to a strong performance by the Square ecosystem, which contributed $342 million to subscription and service revenues, up 21% year over year. Further, Cash App contributed $974 million to the category’s top line. The figure was up 56% from the year-ago quarter. Moreover, a well-performing BNPL platform contributed well. Hardware (0.7% of net revenues): Block generated revenues of $37 million from the business, which grew 0.3% year over year. Bitcoin (43.4% of net revenues): The company generated revenues of $2.2 billion from the category, up 25% year over year. Story continues Operating Details Per management, gross profit grew 32% from the year-ago quarter to $1.7 billion. The gross margin expanded by 170 basis points (bps) year over year to 34.4%. Adjusted EBITDA was $368 million in the reported quarter, up 89% year over year. Operating expenses were $1.7 billion, up 13% from the prior-year quarter. Product development expenses were $627 million, up 37% year over year, primarily due to rising headcount and personnel costs in the engineering, data science and design teams. General and administrative expenses were $433 million, down 3% from the prior-year quarter. Sales and marketing costs were $496 million, up 11% year over year due to an increase in Cash App peer-to-peer processing costs. The adjusted operating income was $51 million in the reported quarter compared with an operating loss of $42 million reported in the year-ago quarter. Balance Sheet & Cash Flow As of Mar 31, 2023, the cash and cash equivalent balance was $5.1 billion, up from $4.54 billion on Dec 31, 2022. Short-term investments were $1.02 billion for the reported quarter, down from $1.08 billion in the previous quarter. Long-term debt was $4.1112 billion compared with $4.109 billion in the prior quarter. The company generated $294.4 million in cash from operations in the reported quarter. Zacks Rank & Stocks to Consider Currently, Block has a Zacks Rank #3 (Hold). Investors interested in the broader technology sector can consider some better-ranked stocks like Agilent Technologies A, DigitalOcean DOCN and Paycor HCM PYCR, each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Agilent Technologies is set to report second-quarter fiscal 2023 results on May 23. The Zacks Consensus Estimate for A’s earnings is pegged at $1.27 per share, implying growth of 12.4% from the year-ago quarter’s reported figure. A has lost 11.6% in the year-to-date period. DigitalOcean is scheduled to release first-quarter 2023 results on May 9. The Zacks Consensus Estimate for DOCN’s earnings is pegged at 29 cents per share, suggesting a jump from 7 cents per share reported in the prior-year quarter. DOCN has gained 25.5% in the year-to-date period. Paycor HCM is scheduled to report third-quarter fiscal 2023 results on May 10. The Zacks Consensus Estimate for PYCR’s earnings is pegged at 15 cents per share, suggesting an increase of 36.4% from the prior-year quarter’s reported figure. PYCR has gained 26% in the year-to-date period. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Agilent Technologies, Inc. (A) : Free Stock Analysis Report Block, Inc. (SQ) : Free Stock Analysis Report DigitalOcean Holdings, Inc. (DOCN) : Free Stock Analysis Report Paycor HCM, Inc. (PYCR) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research 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: ['Good morning. Here’s what’s happening: Prices: Crypto traders are optimistic about the Fed skipping a rate hike. Insights: Hong Kong has rules for crypto, but they aren\'t that great. Prices CoinDesk Market Index (CMI) 1,103 −0.3 ▼ 0.0% Bitcoin (BTC) $25,948 +52.6 ▲ 0.2% Ethereum (ETH) $1,740 −1.7 ▼ 0.1% S&P 500 4,369.01 +30.1 ▲ 0.7% Gold $1,957 +1.7 ▲ 0.1% Nikkei 225 33,018.65 +584.7 ▲ 1.8% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,103 −0.3 ▼ 0.0% Bitcoin (BTC) $25,948 +52.6 ▲ 0.2% Ethereum (ETH) $1,740 −1.7 ▼ 0.1% S&P 500 4,369.01 +30.1 ▲ 0.7% Gold $1,957 +1.7 ▲ 0.1% Nikkei 225 33,018.65 +584.7 ▲ 1.8% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Bitcoin is opening Asia’s trading day at $25,948, up 0.2%, while ether is at $1,740, down 0.1%. Edward Moya, a Senior Market Analyst with OANDA, sees the likely possibility of the Fed skipping a rate hike on Wednesday ( prediction markets are giving it a 96% chance of happening) and increased regulatory scrutiny of altcoins as fuel for bitcoin’s support. "Cooling inflation report is fueling this bull market as the Fed should have no problem skipping a rate hike on Wednesday. Wall Street is becoming a little bit hopeful here that an FOMC June skip could eventually become a July pause," Moya said in a note. “Bitcoin remains stable around the $26,000 level as investors consider reducing altcoin exposure and increasing Bitcoin holdings.” Driven by falling car wholesale prices and weaker consumer support, disinflation, alongside the likely rate hike skip, is causing a decrease in the dollar\'s value, Moya observes, and a steady demand for used vehicles, and clothing among other necessities; China\'s stimulus package and expected Saudi oil price cuts have uplifted crude oil prices, and while low inflation initially boosted gold, continued stock growth may limit its rise. Story continues At the same time, one key bitcoin technical analysis indicator, the moving average convergence divergence (MACD), has flipped bearish , signaling a possible extended price slide, despite Bitcoin maintaining support at $25K. In CoinDesk’s coverage of this, however, analysts noted U.S. inflation figures and the Fed’s possible rate hike skip could also impact Bitcoin\'s price performance. Biggest Gainers Asset Ticker Returns DACS Sector Avalanche AVAX +1.2% Smart Contract Platform Terra LUNA +0.7% Smart Contract Platform Chainlink LINK +0.7% Computing Biggest Losers Asset Ticker Returns DACS Sector XRP XRP −2.9% Currency Solana SOL −2.5% Smart Contract Platform Polygon MATIC −2.4% Smart Contract Platform Insights Hong Kong\'s Crypto Rules Aren\'t Going to Bring in Exchanges Amid an ongoing lawsuit from the Securities and Exchange Commission (SEC), one Hong Kong lawmaker has invited Coinbase to set up shop in the territory. After all, Hong Kong is in the process of making rules for crypto . In the U.S., Coinbase has to sue to try and compel the SEC to make rules for it to operate. So on paper Coinbase making a move to another jurisdiction would make sense, and Hong Kong, with its rulebook and traditional position as a fast-moving market hub in Asia, would be a logical place to move to. In theory. But the reality on the ground is that Hong Kong’s rulebook itself isn’t all that attractive to crypto exchanges. First, the number of tokens available to trade will be limited compared to what users can expect from established exchanges. Per rules from the Securities and Futures Commission, Hong Kong’s securities watchdog, there needs to be a 12-month cooling off between token launch and listing. Stablecoins are banned, as are crypto derivatives, earn or lend programs and likely staking services too. Airdrops are a huge no-no. “Hong Kong\'s framework as it exists today is highly unattractive. The market is small and unproven, banking partnerships are non-existent, and products are highly restricted,” Leo Weese, co-founder and President of the Bitcoin Association of Hong Kong, told CoinDesk. Weese says that the Asian markets are “fundamentally different” from their Western counterparts, and Coinbase would not automatically succeed in Hong Kong, even if they were willing to give up their current customer base. “What makes Hong Kong potentially attractive is that many tokens are not deemed securities, and those that are do not need to be registered like in the United States, making it possible to offer trading for tokens that are deemed unregistered securities elsewhere, such as decentralized protocols,” he said. At the same time, Weese notes, moving to Hong Kong will not automatically shield Coinbase from U.S. regulation or the arm of the SEC. BitMex, which calls Hong Kong home, got ensnared in U.S. regulatory regime despite its tenuous ties to the United States. And so did Binance – its mothership and founder squarely offshore. So even if Coinbase were to make the move, it wouldn’t be a very productive decision. Important events. 2:00 a.m. HKT/SGT(18:00 UTC) United States Fed Interest Rate Decision 5:45 a.m. HKT/SGT(21:45 UTC) New Zealand Gross Domestic Product (YoY/Q1) 7:50 a.m. HKT/SGT(23:50 UTC) Japan Exports (YoY/May) CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : U.S. Inflation Cools in May; Bitcoin Rises The U.S. Consumer Price Index (CPI) for May came in softer than expected, rising just 0.1% in May versus 0.4% in April, according to the Bureau of Labor Statistics. The news came one day ahead of the results of the Fed\'s latest monetary policy meeting. Clara Medalie, Kaiko Director of Research, joined "First Mover" for market reaction. Plus, Willkie Farr & Gallagher LLP Counsel Mike Selig joined to discuss what the SEC\'s actions against Binance and Coinbase will mean for crypto. And, John Melican, Elliptic Chief Legal Officer, joined us to discuss new findings revealing attackers behind this month’s $35 million exploit of crypto wallet Atomic Wallet are moving stolen funds via OFAC-sanctioned exchange Garantex. Headlines Bitcoin Infrastructure Firm Blockstream to Unveil Its Long-Awaited Mining Rig in 3Q of 2024 : The company expects to raise more capital to fund its mining business. Binance Goes to Court Against the SEC : Binance and Binance.US have made their case against the SEC\'s motion to freeze all Binance.US funds. Bitcoin, Ether and Stablecoins Total 80% of $1T Crypto Market Cap as Investors Flee Altcoins : The combined market capitalization of BTC, ETH and stablecoins reached the highest level since February 2021, digital asset research firm K33 Research noted. Why the XRP Army Keeps Fighting : XRP’s uber-passionate supporters believe the SEC unfairly targeted Ripple for securities violations while mysteriously giving Ethereum a free pass. Do they have a point? Uniswap Labs Releases Its Plan for Uniswap v4, Invites Community Feedback : The biggest decentralized crypto exchange is opening its development process to the public for the first time as the SEC cracks down on its centralized competitors.', 'Good morning. Here’s what’s happening:\nPrices:Crypto traders are optimistic about the Fed skipping a rate hike.\nInsights:Hong Kong has rules for crypto, but they aren\'t that great.\nCoinDesk Market Index (CMI)\n1,103\n−0.3▼0.0%\nBitcoin (BTC)\n$25,948\n+52.6▲0.2%\nEthereum (ETH)\n$1,740\n−1.7▼0.1%\nS&P 500\n4,369.01\n+30.1▲0.7%\nGold\n$1,957\n+1.7▲0.1%\nNikkei 225\n33,018.65\n+584.7▲1.8%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,103", "\\u22120.3\\u25bc0.0%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$25,948", "+52.6\\u25b20.2%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,740", "\\u22121.7\\u25bc0.1%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,369.01", "+30.1\\u25b20.7%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,957", "+1.7\\u25b20.1%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["33,018.65", "+584.7\\u25b21.8%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nBitcoin is opening Asia’s trading day at $25,948, up 0.2%, while ether is at $1,740, down 0.1%.\nEdward Moya, a Senior Market Analyst with OANDA, sees the likely possibility of the Fed skipping a rate hike on Wednesday (prediction marketsare giving it a 96% chance of happening) and increased regulatory scrutiny of altcoins as fuel for bitcoin’s support.\n"Cooling inflation report is fueling this bull market as the Fed should have no problem skipping a rate hike on Wednesday. Wall Street is becoming a little bit hopeful here that an FOMC June skip could eventually become a July pause," Moya said in a note. “Bitcoin remains stable around the $26,000 level as investors consider reducing altcoin exposure and increasing Bitcoin holdings.”\nDriven by falling car wholesale prices and weaker consumer support, disinflation, alongside the likely rate hike skip, is causing a decrease in the dollar\'s value, Moya observes, and a steady demand for used vehicles, and clothing among other necessities; China\'s stimulus package and expected Saudi oil price cuts have uplifted crude oil prices, and while low inflation initially boosted gold, continued stock growth may limit its rise.\nAt the same time, one key bitcoin technical analysis indicator, the moving average convergence divergence (MACD),has flipped bearish, signaling a possible extended price slide, despite Bitcoin maintaining support at $25K. In CoinDesk’s coverage of this, however, analysts noted U.S. inflation figures and the Fed’s possible rate hike skip could also impact Bitcoin\'s price performance.\n[{"Asset": "Avalanche", "Ticker": "AVAX", "Returns": "+1.2%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Terra", "Ticker": "LUNA", "Returns": "+0.7%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Chainlink", "Ticker": "LINK", "Returns": "+0.7%", "DACS Sector": "Computing"}]\n[{"Asset": "XRP", "Ticker": "XRP" Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-14 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $503,225,297,131 - Hash Rate: 312388214.96659184 - Transaction Count: 330658.0 - Unique Addresses: 633244.0 Social & AI Sentiment: - Fear & Greed Index: 0.46 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Following harsh criticism from the crypto community, hardware wallet provider Ledger will delay releasing a key recovery feature. In a letter to users, Ledger CEO Pascal Gauthier wrote that the firm won’t introduce the new feature before releasing the code for it. The company also scheduled a Twitter Spaces session for 12:30 p.m. EST on Tuesday to discuss the issue. Last week, Ledger announced the service, called Ledger Recover, which will allow users to store encrypted backups of their seed phrases with a set of three custodians. Ledger owners will then be able to restore their private keys even if they lose or forget their seed phrases. The opt-in feature will require a know-your-customer (KYC) verification. Ledger came under fire almost immediately from members of the cryptocurrency community, which criticized the idea of sharing seed phrases with anyone other than wallet owners. Multiple commentators wrote angry posts on Twitter, Reddit and other platforms, saying they felt betrayed by Ledger, which has previously said that Ledger wallet private keys would never leave a device. Some critics also highlighted potential threats such as hacks of the custodians, data leaks from KYC providers and law enforcement taking control of Ledger users’ data. Others noted that the code for the Recover feature is not open-source, so there is no way to audit the safety of the proposed custody mechanism. Unlike some competitors, Ledger does not publish all its code, but instead has its product tested by a team of selected security researchers . Read more: Is Ledger’s New Bitcoin Key Recovery Feature Safe? Experts Have Doubts The company learned a hard lesson, Gauthier said in his letter to users. Parts of the Ledger code have been open-sourced before, and more will follow soon, Gauthier said. “We have made the decision to accelerate the open sourcing roadmap! We will include as much of the Ledger operating system as possible, starting with core components of the OS, and Ledger Recover, which won’t be released until this work is complete,” he wrote. Gauthier also reiterated the idea that offering key recovery services is essential to onboard a new wave of crypto users, for which self-custody might feel too difficult. “The majority of users in crypto today either don’t own their private keys and/or are putting their private keys at risk using less secure forms of self-custody, and hard-to-use forms of storing and securing their seed phrase,” the letter reads.... - Reddit Posts (Sample): [['u/McDredd', 'Anyone else just find themselves excluded from r/bitcoin?', 11, '2023-06-14 01:10', 'https://www.reddit.com/r/btc/comments/148scwf/anyone_else_just_find_themselves_excluded_from/', "I've been on there for about 6 months now. I never noticed r/btc when I first searched 6 months ago. Suddenly all of r/bitcoin is unavailable to me. I hardly posted, never mind posted anything controversial.", 'https://www.reddit.com/r/btc/comments/148scwf/anyone_else_just_find_themselves_excluded_from/', '148scwf', [['u/Plus-Ad4019', 15, '2023-06-14 01:20', 'https://www.reddit.com/r/btc/comments/148scwf/anyone_else_just_find_themselves_excluded_from/jo1mgy2/', 'r/bitcoin went dark (June 12-14) together with many other subs to protest Reddit new API fees.', '148scwf']]], ['u/GhostOfMcAfee', 'AlgoMint is removing KYC requirements for bridging BTC and ETH.', 90, '2023-06-14 04:46', 'https://www.reddit.com/r/algorand/comments/148wijz/algomint_is_removing_kyc_requirements_for/', 'Previously, to bridge either asset you needed to go through KYC procedures. Today, AlgoMint announced they are removing KYC requirements for bridging both BTC and ETH to the Algorand blockchain. \\[[sauce](https://twitter.com/Algomint_io/status/1668778531709669377)\\]', 'https://www.reddit.com/r/algorand/comments/148wijz/algomint_is_removing_kyc_requirements_for/', '148wijz', [['u/hypercosm_dot_net', 24, '2023-06-14 05:16', 'https://www.reddit.com/r/algorand/comments/148wijz/algomint_is_removing_kyc_requirements_for/jo2aqmf/', 'Great to see. Hope we see a lot more movement towards decentralization this year. \n\nDo you happen to know what DAO tools we have on Algo?', '148wijz'], ['u/MadManD3vi0us', 10, '2023-06-14 05:27', 'https://www.reddit.com/r/algorand/comments/148wijz/algomint_is_removing_kyc_requirements_for/jo2bsdq/', "Hopefully that'll pull some of the shyer players out of hiding and into the game.", '148wijz'], ['u/stenalgo', 11, '2023-06-14 05:33', 'https://www.reddit.com/r/algorand/comments/148wijz/algomint_is_removing_kyc_requirements_for/jo2ca5j/', 'goBTC and goETH need alot more liquidity indeed. This is a good move, hopefully we will see a positive result soon.', '148wijz']]], ['u/neznaia', 'Angle of attack?', 10, '2023-06-14 05:39', 'https://www.reddit.com/r/ledgerwallet/comments/148xi71/angle_of_attack/', 'Using bitcoin as an example, I understand the ledger holds the private key on the secure chip. If I want to send bitcoin I need to sign it with my hardware wallet, and poof my app does the rest. So, you can never really get my private seed, but, couldn’t Ledger Live be compromised so it tells the hardware wallet x amount, but then sends whatever amount it wants?\n\nAm I missing something about the relationship between an app - software that can be hacked remotely - and my hardware wallet who’s only job is to store my seed phrase and sign transactions that the app supposedly wants to send. On that note, what device is sending the transaction to the pool? If it’s the app, how does it interact with the pool/chain without knowing the private key? I’m assuming my Bluetooth connected ledger isn’t doing that. \n\nMaybe I’m missing something. All answers appreciated', 'https://www.reddit.com/r/ledgerwallet/comments/148xi71/angle_of_attack/', '148xi71', [['u/kristapsru', 12, '2023-06-14 11:46', 'https://www.reddit.com/r/ledgerwallet/comments/148xi71/angle_of_attack/jo32zbv/', '"I understand the ledger holds the private key on the secure chip"\n\nSadly, that\'s not true anymore. Ledger wrote API code to extract keys from the device and send them over the internet to Ledger and their partner companies for their Ledger Recover service. In theory, that only happens if you subscribe, but since Ledger\'s code isn\'t open, there\'s no way for any of us to prove what it does or doesn\'t do.\n\nDon\'t trust. Verify. Right? Well, you can\'t verify Ledger\'s code, so you have to decide whether or not you trust them.\n\nAny hardware wallet can possibly get rogue firmware to extract keys, but Ledger actually put key extraction in their own firmware. I can\'t trust that.', '148xi71'], ['u/jpastore', 10, '2023-06-14 16:51', 'https://www.reddit.com/r/ledgerwallet/comments/148xi71/angle_of_attack/jo3xjnc/', "Apparently they don't want you to know how fucked it is\n\nhttps://www.reddit.com/r/CryptoCurrency/comments/148zegu/ledger_is_shadowbanning_users_who_mention_their", '148xi71']]], ['u/AutoModerator', '[Daily Discussion] - Wednesday, June 14, 2023', 33, '2023-06-14 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/148xvkb/daily_discussion_wednesday_june_14_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\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/148xvkb/daily_discussion_wednesday_june_14_2023/', '148xvkb', [['u/52576078', 10, '2023-06-14 13:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/148xvkb/daily_discussion_wednesday_june_14_2023/jo38drz/', 'Run a mile from any woman that says this!', '148xvkb'], ['u/dopeboyrico', 17, '2023-06-14 15:20', 'https://www.reddit.com/r/BitcoinMarkets/comments/148xvkb/daily_discussion_wednesday_june_14_2023/jo3m20f/', 'Powell is going to pause on rate hikes saying they’re at sufficiently restrictive levels based on current data but also state they’re open to hiking more in the future if warranted by upcoming economic data. Anything other than this would be a surprise.\n\nWhat I’m much more interested in is seeing the updated Fed balance sheet tomorrow. Last week saw the first minor uptick since March. It was also the first week since Congress passed the debt ceiling bill which will increase the debt ceiling by $4 trillion over the next 2 years. Could be unrelated but if we see another rise on the Fed balance sheet tomorrow it could be indicative that QE is back out of necessity to buy newly issued government bonds due to lack of sufficient interest in markets.', '148xvkb'], ['u/nationshelf', 17, '2023-06-14 18:38', 'https://www.reddit.com/r/BitcoinMarkets/comments/148xvkb/daily_discussion_wednesday_june_14_2023/jo4co5m/', 'It’s not the decoupling we wanted, but it’s the decoupling we got.', '148xvkb'], ['u/NLNico', 17, '2023-06-14 20:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/148xvkb/daily_discussion_wednesday_june_14_2023/jo4ogl2/', '0 bps as expected.\n\n- [Federal Reserve issues FOMC statement](https://www.federalreserve.gov/newsevents/pressreleases/monetary20230614a.htm)\n\n- [Implementation Note](https://www.federalreserve.gov/newsevents/pressreleases/monetary20230614a1.htm)\n\n- [FOMC Projections materials](https://www.federalreserve.gov/monetarypolicy/fomcprojtabl20230614.htm)\n\nPress conference in [30 mins](https://twitter.com/federalreserve/status/1668969869176348672).', '148xvkb'], ['u/Ok_File_9520', 11, '2023-06-14 20:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/148xvkb/daily_discussion_wednesday_june_14_2023/jo4pn9v/', 'Decoupled on the upside and coupled on the downside. 🤦', '148xvkb'], ['u/delgrey', 12, '2023-06-14 20:35', 'https://www.reddit.com/r/BitcoinMarkets/comments/148xvkb/daily_discussion_wednesday_june_14_2023/jo4tje4/', 'Hawkish pause? Now does Bitcoin care... still comatose. Blah.', '148xvkb'], ['u/NLNico', 10, '2023-06-14 20:44', 'https://www.reddit.com/r/BitcoinMarkets/comments/148xvkb/daily_discussion_wednesday_june_14_2023/jo4uuhu/', '"First move is fake"\n\n(I don\'t actually think we will moon, but funny how these things always go up/down and then retrace lol.)', '148xvkb'], ['u/dopeboyrico', 10, '2023-06-14 21:46', 'https://www.reddit.com/r/BitcoinMarkets/comments/148xvkb/daily_discussion_wednesday_june_14_2023/jo53shj/', 'Along with the pause in rate hikes, the Fed updated their projections going forward and indicated they anticipate 2 more 25 BP rate hikes before the end of the year to reach their terminal rate of around 5.6%.\n\nI think they’re bluffing in order to keep inflation expectations low and are actually going to remain data dependent going forward. If they didn’t make this claim and stated they believe we’re already at the terminal rate, inflation expectations would rise and would manifest into a self fulfilling prophecy. Additionally, if they really thought two more rate hikes might be needed before the end of the year, it would make sense to go ahead and do one of those hikes today rather than holding off until a later meeting.\n\nWe just got May’s YoY CPI print yesterday at 4.0% which was significantly lower than April’s 4.9% print. We’re almost halfway through June and [Cleveland Fed Nowcast](https://www.clevelandfed.org/indicators-and-data/inflation-nowcasting) has their June YoY inflation estimate at 3.22%. [Truflation](https://truflation.com) has it at around 2.74% with a high of 2.94% and a low of 2.54% MTD.\n\nFor the past several months the actual YoY CPI number has ended up being somewhere in between these two estimates. If this trend continues and we end up seeing another significant drop in June’s YoY CPI print vs May’s 4.0% print, it’s going to be hard to justify another 25 BP rate hike in July when they already weren’t willing to do a rate hike today.', '148xvkb'], ['u/borger_borger_borger', 11, '2... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin friendly Miami Mayor Francis Suarez has announced he\'s running for President.\nSuarez announced his candidacy on Twitter on Thursday morning, and filed paperwork with the Federal Election Commission on Wednesday.\nSuarez, who vowed to make the city a bitcoin hub and has accepted his salary in bitcoin, joins a growing Republican field seeking to unseat President Joe Biden in the 2024 election. He faces an uphill struggle to build national name recognition among several high-profile candidates who have already announced their candidacies, including former President Donald Trump and Florida Governor Ron DeSantis. Miami has elected Suarez twice.\nDuring the coronavirus pandemic, Miami – also called "Magic City – drew an exodus of tech workers from Silicon Valley and New York. Several crypto firms relocated there permanently.\nSuarez, who touted bitcoin\'s "democratizing impact on the future of wealth for every American" ina 2021 interviewwith CoinDesk, has examined ways to accept taxes and pay municipal employees in the currency. He also announced MiamiCoin (MIA), built on the Bitcoin adjacent blockchain, Stacks, which he hoped could someday pay a recurring BTC stimulus to Miami citizens.\nBy 2022, MIA hadshed roughly 95%of its value from an all-time high of around 5 cents eight months earlier, according to data from CoinMarketCap. In March, crypto exchange OKCoinsuspendedthe trading of MIA – and a second city coin, NYCCoin – citing limited liquidity as the reason for the decision.\nIn a2022 CoinDesk interview, Suarez said that despite MIA\'s struggles, he remained a believer in crypto. "People ask me the same thing about bitcoin, the fact that it\'s lost more than 50% of its value, but that doesn\'t change my feelings about the fundamental technology," Suarez said.\nUPDATE (June 15, 12:22 UTC):Added Suarez\'s tweet.', 'Bitcoin friendly Miami Mayor Francis Suarez has announced he\'s running for President.\nSuarez announced his candidacy on Twitter on Thursday morning, and filed paperwork with the Federal Election Commission on Wednesday.\nSuarez, who vowed to make the city a bitcoin hub and has accepted his salary in bitcoin, joins a growing Republican field seeking to unseat President Joe Biden in the 2024 election. He faces an uphill struggle to build national name recognition among several high-profile candidates who have already announced their candidacies, including former President Donald Trump and Florida Governor Ron DeSantis. Miami has elected Suarez twice.\nDuring the coronavirus pandemic, Miami – also called "Magic City – drew an exodus of tech workers from Silicon Valley and New York. Several crypto firms relocated there permanently.\nSuarez, who touted bitcoin\'s "democratizing impact on the future of wealth for every American" ina 2021 interviewwith CoinDesk, has examined ways to accept taxes and pay municipal employees in the currency. He also announced MiamiCoin (MIA), built on the Bitcoin adjacent blockchain, Stacks, which he hoped could someday pay a recurring BTC stimulus to Miami citizens.\nBy 2022, MIA hadshed roughly 95%of its value from an all-time high of around 5 cents eight months earlier, according to data from CoinMarketCap. In March, crypto exchange OKCoinsuspendedthe trading of MIA – and a second city coin, NYCCoin – citing limited liquidity as the reason for the decision.\nIn a2022 CoinDesk interview, Suarez said that despite MIA\'s struggles, he remained a believer in crypto. "People ask me the same thing about bitcoin, the fact that it\'s lost more than 50% of its value, but that doesn\'t change my feelings about the fundamental technology," Suarez said.\nUPDATE (June 15, 12:22 UTC):Added Suarez\'s tweet.', 'Bitcoin fell in Thursday morning trading in Asia, dropping below US$25,000 at one stage for the first time since mid-March. Ether also retreated with other top 10 non-stablecoin cryptocurrencies as trading volumes dipped and the U.S. Fed left interest rates unchanged as expected, but warned of more hikes this year to tackle inflation. Ripple’s XRP token fell despite the release of documents this week that were expected to help the company’s defense in an SEC lawsuit.\nBitcoin fell 2.94% over the last 24 hours to US$25,062.60 at 6:30 a.m. in Hong Kong, losing 4.69% in the last week, according to CoinMarketCapdata. The world’s largest cryptocurrency, with a market capitalization of about US$490 billion, dipped below the US$25,000 support line to as low as US$24,902 earlier in the morning.\nEther fell 4.74% to US$1,652.25, posting a 9.70% loss for the week. All other top 10 non-stablecoin cryptocurrencies fell, according to CoinMarketCap.\nCardano dropped 4.10% to US$0.2624, losing 18.57% of its value in the past seven days. Solana fell 3.18% to US$14.44 and posted a weekly loss of 22.52%.\nThe two tokens have been on a downtrend since being named in the SEC’s lawsuit filed last week against the Binance.US and Coinbase exchanges, where the federal agency categorized the two — along with many other altcoins — as financial securities.\nBenjamin Stani, the director of business development and sales at crypto trading platform Matrixport, said the declines are mostly the overhang from the SEC suing Binance and Coinbase.\n“It’s been predominantly the altcoins that have been dropping,” said Stani. “BTC and, to some extent, ETH as well have been holding up better and that I think is mostly attributable to the fact that the SEC named a lot of [altcoins] as securities and that has this chilling effect.”\nThe U.S. Federal Reserve left interest rates unchanged as expected on Wednesday at 5% to 5.25% after ten consecutive hikes to curb inflation.\nBut in another negative for investors, Fed chair Jerome Powellsaidit may take years to get inflation under control, dousing expectations for rate cuts later this year and raising the likelihood of higher interest rates ahead. Stocks ended mixed.\nRipple’s XRP token led the losers in the crypto top 10 by market capitalization, falling 7.48% to US$0.4793 on the day for a weekly loss of 7.19%.\nThe declines came despite the release of the so-called “Hinman documents,” this week, a collection of previously sealed emails and pages from former U.S. Securities and Exchange Commission director William Hinman. The notes indicate that Ether should not be categorized as a financial security.\nRipple Labs Inc. was sued by the SEC in December 2020 on allegations XRP was sold as an illegal unregistered security. Ripple wanted the Hinmandocumentsmade public, arguing they show the SEC itself was sending mixed and confused signals over whether cryptocurrencies were securities and failing to offer clear guidance to the industry, which is part of Ripple’sfair notice defensein the case.\nHowever, XRP’s price hasn’t benefited from the release of the documents. Gabriel Shapiro, a U.S.-based attorney and the general counsel at blockchain firm Delphi Labs,wroteon Twitter Tuesday — “\u200b\u200bHinman emails are a nothingburger though great for Ether. No idea why Ripple thinks these emails help Ripple’s case.”\nShapiro added that the documents were not the bombshell compared to the “huge hype” given to them.\nThe total cryptocurrency market cap lost 2.76% to US$1.02 trillion in the last 24 hours, and the daily crypto trading volume fell 5.37% to US$31.89 billion, according to CoinMarketCapdata.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the non-fungible token (NFT) market, the Forkast 500 NFT index lost 0.86% to 2,912.74 in the 24 hours to 7:30 a.m. in Hong Kong. The index is down 10.64% for the week.\nTotal NFT transactions rose 0.13% to US$23.7 million, while sales on Ethereum, the leading blockchain by volume, fell 4.78% over the last 24 hours to US$13.52 million, according to CryptoSlamdata.\nThe Bitcoin network was the second largest NFT network in terms of transactions, rising 6.95% to US$4.1 million in the last 24 hours.\nThe recent buzz in the NFT community is around ERC-6551, according to Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News. ERC-6551 is the latest NFT standard for the Ethereum network that went into effect on May 7 this year.\n“ERC-6551 is introducing a standard for NFTs by unlocking their ability to be a smart wallet that can interact with different decentralized apps in the Ethereum ecosystem,” Petscher explained. “With ERC-6551, when you transfer an NFT, the wallet and the tokens that the NFT holds also goes with it. Basically wallets within wallets.”\nAbout 196 million of Blur tokens worth around US$62 million, 40% of the circulating supply, are being unlocked and distributed to investors and contributors on Wednesday, U.S. time. Blur is the native utility and governance tokens of the Blur NFT marketplace.\n“[This] will almost definitely cause a crash in price, which will impact NFT prices,” Petscher said. “Basically, if the token is devalued, will people still want to farm for it via trading NFTs?”\nTransactions of Uncategorized Ordinals — unique digital assets on the Bitcoin network that are not identified as part of one established collection — topped sales by collection, selling US$3.14 million in the last 24 hours.\nEthereum-based BoringPunks marked second with US$1.63 million in sales, with over 20,000 transactions in the past day.\nU.S. stock futures edged down as of 11:00 a.m. in Hong Kong after a mixed regular trading day on Wednesday. Dow Jones Industrial Average futures fell 0.09%, S&P 500 futures edged 0.06% lower and Nasdaq Futures lost 0.09%.\nThe U.S. central bank left interest rates unchanged at 5% to 5.25% after its meeting on Wednesday. The rate is at its highest since 2006 after ten consecutive hikes that started in March 2022 to slow the pace of inflation that surged to 40-year highs at one stage last year.\nHowever, post-meeting comments from Powell Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-15 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $486,403,779,400 - Hash Rate: 385148460.1631553 - Transaction Count: 423069.0 - Unique Addresses: 689182.0 Social & AI Sentiment: - Fear & Greed Index: 0.41 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Tether – the issuer of stablecoinUSDT– has invested in an energy production and sustainable bitcoin (BTC) mining facility in Uruguay, the company announced Tuesdayin a press release. The firm is collaborating with a “local licensed company” and is actively recruiting, according to the release, which did not disclose amounts of the investment or the partner firm. Tether expects that the mining facility will start operating by mid-Q3 this year, a company spokesperson told CoinDesk. The news comes afterTether laid out plansearlier this month to allocate a part of its profits to bitcoin investments, including regular purchases of BTC and funding infrastructure. Alongside that announcement, the company revealed its first bitcoin purchases, saying it held about $1.5 billion of the crypto as of the end of March. “By harnessing the power of Bitcoin and Uruguay's renewable energy capabilities, Tether is leading the way in sustainable and responsible Bitcoin mining," Paolo Ardoino, Tether’s chief technology officer, said in the press release. South America has seenincreasing attention from overseas crypto investors, specifically bitcoin mining, thanks to a drying up of opportunities in North America. Uruguay's neighborParaguayhas experienced an influx of miners looking to tap into its unused hydropower, though this has caused a stir in that country's political and energy systems. Tether’sUSDTis the largest stablecoin on the market with an $83 billion capitalization. The token is mostly backed with assets like U.S. government-issued debt, but also gold and a stash of secured loans to undisclosed parties. Rising yields over the past year-plus have proven to be a boon for the company, contributing to its $1.5 billion innet profitsfor the first quarter of 2023. UPDATE (May 30, 15:55):Adds expected date to start operation from Tether spokesperson. UPDATE (May 30, 13:55):Adds context about South America.... - Reddit Posts (Sample): [['u/LordBobTheWhale', 'Genuinely curious: why did the US rate pause affect Bitcoin price today?', 104, '2023-06-15 00:09', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/', "It seems pretty clear to me that the US Fed's decision to pause rate hikes had an immediate impact on the price of BTC. Why is that? I'm not concerned about short term price of BTC or sustainability of USD and whatnot, but rather I'm curious about the economic principles at play in general. Looking to learn something here vs be shilled to please. Thanks!", 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/', '149kq2p', [['u/castorfromtheva', 12, '2023-06-15 00:15', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo5oewm/', 'Buy the rumor, sell the news.', '149kq2p'], ['u/malceum', 14, '2023-06-15 00:30', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo5qcbz/', 'The Fed isn\'t pausing, since it announced more hikes are likely. It would have been better if the Fed hiked now and said this is likely the end.\n\nInstitutions that control asset prices already know what the Fed is going to do. Asset price movements based on "news" -- which is news to you, not them -- are designed to suck your money away. Try not to get too worried about short term fluctuations, especially ones that are supposedly related to "news."', '149kq2p'], ['u/PocketMoneey', 18, '2023-06-15 00:50', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo5sstp/', 'The Fed will probably raise the interest rates another two times. Therefore it is less attractive for investors to hold bitcoin if they can instead earn interest of around 6 percent on bonds.', '149kq2p'], ['u/drunk_in_denver', 13, '2023-06-15 00:51', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo5sz8m/', 'I don\'t think the Fed news had anything to do with it. The "literal" timing is off. Usually the move is instant with the news. There was quite a delay here. Word on the street it was probably market manipulation from a big player like Binance.', '149kq2p'], ['u/DatTacocatdoe', 107, '2023-06-15 00:53', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo5t898/', 'Stronger dollar is bad for btc but don’t worry long term they can’t resist the urge to turn the faucet back on full blast eventually.', '149kq2p'], ['u/Nubraskan', 32, '2023-06-15 00:58', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo5tqci/', "Zoom out. Today's price movement is small in bitcoins typical volatility. It's not big enough to care about.", '149kq2p'], ['u/debtfreegoal', 29, '2023-06-15 01:12', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo5vkur/', 'The idea of “two more rate hikes” was floated, imo, to keep the markets from running away when today’s “pause” was officially announced. One more rate hike todays pause was priced in already. So when the mention of a second hike was dropped, markets dropped. \n\nChairman is playing some 4D chess with the markets today. And the markets bit. Let it run a news cycle or two and then things will get back on track.', '149kq2p'], ['u/LordBobTheWhale', 16, '2023-06-15 01:36', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo5yg2e/', "Yeah I'm not worried. So this fed action today is considered 'strong' dollar action by traditional economics?", '149kq2p'], ['u/LordBobTheWhale', 16, '2023-06-15 01:37', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo5ym6p/', 'Sounds like just kicking the can of collapse further down the road to me.', '149kq2p'], ['u/DatTacocatdoe', 14, '2023-06-15 01:41', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo5z1cy/', 'More expensive debt makes cash money more valuable. Also a higher return on bonds which is a safe investment. I don’t know anything I’m all in on btc and have a good but not great price point.', '149kq2p'], ['u/debtfreegoal', 15, '2023-06-15 01:51', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo60bk6/', 'That’s the only play here. Hold onto power as long as your can. Maybe the bomb will go off on someone else’s watch.', '149kq2p'], ['u/SuperSaiyanGME', 17, '2023-06-15 01:56', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo60u0u/', 'It was more about the Statement of Economic Projections pricing in a higher terminal rate than what markets had anticipated. I didn’t get the exact figure, but I think it’s gonna be 5.75-6.0% which is higher than the widely expected 5.25-5.50%. While new dollars won’t be created through the banking system, existing dollars will go to treasury, who will create more money through high interest. But nowhere near the amount that 3.4% mortgages for 2 years created in tandem.', '149kq2p'], ['u/LordBobTheWhale', 11, '2023-06-15 02:38', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo65qsw/', 'Yeah I locked in a 3.5% refinance 2 years ago this month actually. Super interesting how that affects so much.', '149kq2p'], ['u/TheWreckaj', 10, '2023-06-15 06:17', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo6tpy4/', 'Got mine at 2.125% a year before that. They’re paying me to borrow their money.', '149kq2p'], ['u/Ritayan', 11, '2023-06-15 07:10', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo6ygv5/', 'They announced 2 more rate hikes later this year. That had an impact. Plus it kinda became clear that either something big has to break or rate cuts will come late. Most probably markets are reacting to this.', '149kq2p'], ['u/AFaded', 12, '2023-06-15 07:58', 'https://www.reddit.com/r/Bitcoin/comments/149kq2p/genuinely_curious_why_did_the_us_rate_pause/jo72b6k/', "This is fucking bullshit. If it was a weaker dollar, bitcoin would still go down because of reasons.\n\nEvery new horror in the news is negatively affecting btc. It's just a never ending onslaught of bullshit news.", '149kq2p']]], ['u/nickolsdrew', 'What’s with the consistent downward pressure on Block (SQ)?', 34, '2023-06-15 01:36', 'https://www.reddit.com/r/investing/comments/149mqio/whats_with_the_consistent_downward_pressure_on/', 'Is it the Hindenburg hit piece ? \n\nAre they over leveraged in Bitcoin ? \n\nDebt ? \n\nThey have a hefty operating cost keeping them from near term profitability yes, but they print Billions and have an established brand, a variety of revenue streams, and beat earnings projections regularly . That’s more than you can say about many of the unprofitable tech that’s up over 100% ytd lol \n\n 58-$65 throughout the recovery….lagging every else in my portfolio, for the last year really . \n\nWhat gives ?', 'https://www.reddit.com/r/investing/comments/149mqio/whats_with_the_consistent_downward_pressure_on/', '149mqio', [['u/nakfoor', 24, '2023-06-15 02:51', 'https://www.reddit.com/r/investing/comments/149mqio/whats_with_the_consistent_downward_pressure_on/jo67986/', "The memory of SQ burns me. Somehow I didn't see its COVID surge in my account because I would have sold it. Then it collapsed and I took a meager 15% gain.", '149mqio'], ['u/Certain-Resident450', 11, '2023-06-15 03:11', 'https://www.reddit.com/r/investing/comments/149mqio/whats_with_the_consistent_downward_pressure_on/jo69lhf/', "Does it have any moat? Isn't it easily replaceable by Apple's Tap to Pay?", '149mqio'], ['u/Reeeeeekola', 35, '2023-06-15 03:32', 'https://www.reddit.com/r/investing/comments/149mqio/whats_with_the_consistent_downward_pressure_on/jo6c0be/', 'Block is the worst parts of PayPal, Coinbase and a regional bank. Why should it be up?', '149mqio'], ['u/im_not', 54, '2023-06-15 04:48', 'https://www.reddit.com/r/investing/comments/149mqio/whats_with_the_consistent_downward_pressure_on/jo6ko78/', 'Toast is dominating the restaurant space, legacy POS hardware/software has caught up to square’s elegant simplicity, the purchase of Afterpay was insanely expensive and hasn’t proven out, BNPL itself is looking more and more like a fad, Dorsey is an uninspiring absentee CEO preoccupied with his web5 garbage, tidal is never going to gain wide consumer adoption and was bought so Dorsey could cozy up to jay z and jay z doesn’t give a shit about him.', '149mqio'], ['u/RigusOctavian', 15, '2023-06-15 05:06', 'https://www.reddit.com/r/investing/comments/149mqio/whats_with_the_consistent_downward_pressure_on/jo6moz9/', 'Near term profitability problem for a company printing “Billions” is probably a good start.\n\nThe VC faucet dried up. Excessive burn rates will do what they do best, burn out. If your model isn’t making you money, and you aren’t eating your competition, you are waiting to be bought.', '149mqio'], ['u/thenoodleincident18', 32, '2023-06-15 05:17', 'https://www.reddit.com/r/investing/comments/149mqio/whats_with_the_consistent_downward_pressure_on/jo6nv5o/', 'I have to say the Tidal purchase was when I got out. Still not clear to me how that made any sense.', '149mqio'], ['u/SharpShooter2-8', 22, '2023-06-15 05:20', 'https://www.reddit.com/r/investing/comments/149mqio/whats_with_the_consistent_downward_pressure_on/jo6o4po/', 'Can’t go broke making money.', '149mqio'], ['u/Background_Drama6126', 10, '2023-06-15 06:58', 'https://www.reddit.com/r/investing/comments/149mqio/whats_with_the_consistent_downward_pressure_on/jo6xgvz/', 'Why is a report showing what appears to be true considered a "hit piece"? 🤔🤔🤔🤔', '149mqio']]], ['u/-Squidster-', 'So, who is Cardsmiths and the Artists... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 spurts but then stabilizes. Other cryptos reverse some Wednesday losses. Insights: Hong Kong\'s banks may not yet be ready to help turn the City into a crypto hub. Prices CoinDesk Market Index (CMI) 1,079 +13.0 ▲ 1.2% Bitcoin (BTC) $25,572 +467.2 ▲ 1.9% Ethereum (ETH) $1,665 +15.3 ▲ 0.9% S&P 500 4,425.84 +53.3 ▲ 1.2% Gold $1,971 +15.3 ▲ 0.8% Nikkei 225 33,485.49 −16.9 ▼ 0.1% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,079 +13.0 ▲ 1.2% Bitcoin (BTC) $25,572 +467.2 ▲ 1.9% Ethereum (ETH) $1,665 +15.3 ▲ 0.9% S&P 500 4,425.84 +53.3 ▲ 1.2% Gold $1,971 +15.3 ▲ 0.8% Nikkei 225 33,485.49 −16.9 ▼ 0.1% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Bitcoin Spurts, Then Fizzles Bitcoin and other crypto assets spurted briefly late Thursday after fund management giant BlackRock iShares\' unit filed filed paperwork Thursday afternoon with the U.S. Securities and Exchange Commission (SEC) for the formation of a spot bitcoin ( BTC ) ETF. But the rally, which regained ground lost the previous day, fizzled out well short of the $26,000 threshold BTC lost nearly a week ago. The largest cryptocurrency was recently trading at $25,556, up nearly 2% over the past 24 hours. Bitcoin swooned late Wednesday amid ongoing worries about U.S. central bank monetary policy overreach and growing U.S. crypto regulatory scrutiny. Read More: BlackRock\'s iShares Files Paperwork for Spot Bitcoin ETF Ether spiked similarly to trade above $1,660, a 0.8% gain from Wednesday same time. Other major cryptos went from the negative territory they\'d occupied for much of Thursday to green with SOL, the token of the Solana smart contracts platform Solana, recently up 1.8%, and SAND and AXS also rising more than a percentage point. MATIC, the native crypto of the Polygon blockchain, was down more than 4%. These assets were among 19 mentioned in U.S. Securities and Exchange (SEC) lawsuits that accused exchanges Binance and Coinbase of violating securities laws. Story continues In an email to CoinDesk, Brian D. Evans, the CEO of Web3 venture studio and advisory firm BDE Ventures, noted the investor angst about the increasingly unfavorable U.S. crypto climate. “I feel like we’re at the beginning of a big shift involving project founders seeking locations to base themselves outside the United States," Evans wrote. "In this sense, the market feels very dislocated. In the United States, they’re left scratching their heads over the intricacies of a regulatory system that hasn’t been updated since the Great Depression." Evans wrote that this failing has sent projects "searching out better-regulated jurisdictions, such as Hong Kong, Dubai and the U.K." Read More: SEC’s Binance, Coinbase Suits Create Uncertain Future for Listed Tokens: Legal Experts He added: "A global reshuffling is taking place that is shaping up to center the next burst of innovation and market exuberance in Asia and the Middle East. In that sense, then, I think the digital asset ecosystem is actually becoming more robust, making the likely fireworks following the next Bitcoin halving all the more surprising to a large number of observers. In short, the bullishness is there, yes, but it’s increasingly being driven by events happening abroad.” Biggest Gainers Asset Ticker Returns DACS Sector Gala GALA +4.5% Entertainment Shiba Inu SHIB +2.6% Currency Cosmos ATOM +1.9% Smart Contract Platform Biggest Losers Asset Ticker Returns DACS Sector Polygon MATIC −5.3% Smart Contract Platform Polkadot DOT −4.6% Smart Contract Platform Stellar XLM −3.9% Smart Contract Platform Insights Hong Kong as Crypto Hub? The Banks May Not Be Ready Take their money! That’s the message that Hong Kong’s financial regulator is telling some of the City’s banks who refuse to onboard crypto clients . "The HKMA has consistently communicated the importance of banks following the risk-based approach to managing the risks of individual customers," a Hong Kong Monetary Authority spokesperson told CoinDesk earlier. It’s not the first time we’ve heard of crypto companies having trouble banking in Hong Kong. A few months ago, news broke that the Hong Kong branches (which are largely autonomous and operate by local rules) of some of China’s state-owned banks were soliciting crypto business in the City. There was just one problem. While they might talk a big game about being ready to embrace crypto – unthinkable years ago – potential clients found it nearly impossible to get on-board. "The city’s digital assets regulation is overall friendly and encourages banks to work with crypto companies, however, banks still currently have stringent requirements in place, which makes it difficult for crypto businesses to expand and grow,” Adrian Wang, founder, and CEO of Metalpha, a Hong Kong-based digital assets wealth management company, said to CoinDesk at the time. “We have yet to see major progress in the banking sector to embrace crypto. Hopefully, that will change soon.” At one time, Hong Kong had the unfortunate reputation of being a money laundering center for organized crime. HSBC paid out record fines for their behavior. It’s a much more conservative, risk-managing organization as a result. Billions in penalties will do that to a company. Almost understandably, banks don’t want to get involved with crypto. The Securities and Exchange Commission (SEC) and CFTC, which seem to have given themselves a supranational mandate, have accused Binance of co-mingling $12 billion in funds and violating securities laws . The same goes for Coinbase. Banks would really not want these as a client. Binance and Coinbase are the big fish and were attacked first, but who knows what exchange could be next. Even if a bank in Hong Kong doesn’t do business in the U.S., it can still be caught up in the regulatory dragnet – if U.S. authorities go after an exchange that’s otherwise legal in Hong Kong – by virtue of it offering USD products. Of course, one should always remain optimistic, but Hong Kong looks like it has a long way to go before it can be considered a crypto hub. Important events. 5:00 p.m. HKT/SGT(9:00 UTC) Eurozone Harmonized Index of Consumer Prices (YoY/May) 7:45 p.m. HKT/SGT(11:45 UTC) United State Fed\'s Waller Speech 10:00 p.m. HKT/SGT(14:00 UTC) Michigan Consumer Sentiment Index (June) CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Bitcoin Drops Below $25K; Bankrupt Crypto Exchange Bittrex U.S. Set to Allow Withdrawals Cryptocurrencies fell sharply, with bitcoin (BTC) dropping below $25,000 after the Federal Reserve policy decision to suspend rate hikes for at least one meeting. Path Trading Partners Chief Market Strategist Bob Iaccino broke down the market reaction. Plus, Ripple Chief Legal Officer Stuart Alderoty on strategy after the release of documents tied to William Hinman. And, the U.S. arm of Bittrex was set to open for customer withdrawals Thursday following a ruling by a Delaware bankruptcy court. Bittrex Chief Legal Officer David Maria discussed the news. Headlines Polygon Labs Rolls Out Open Database for Blockchain Use Cases : Called "The Value Prop," the database hosts as many as 39 use cases and over 300 applications, with numbers expected to increase. Colombia’s Central Bank Partners with Ripple to Explore Blockchain Use Cases : The Latin American country will conduct a pilot to test Ripple\'s technology for its high-value payments system. Crypto Exchange Bybit Integrates ChatGPT Into Trading Tools : Traders will be able to analyze market data with the new AI-based feature called "ToolsGPT." USDT Selling on Curve, Uniswap Spooks Traders Amid Bitcoin Drop : USDT holdings on Curve’s popular ‘3pool’ have risen to over 72% as of Thursday morning, suggesting a sudden disbalance. Hong Kong Put Pressure on 3 Major Banks to Take On Crypto Exchanges as Clients, Report : The Hong Kong Monetary Authority put pressure on HSBC, Standard Chartered and Bank of China, according to the Financial Times.', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin spurts but then stabilizes. Other cryptos reverse some Wednesday losses.\nInsights:Hong Kong\'s banks may not yet be ready to help turn the City into a crypto hub.\nCoinDesk Market Index (CMI)\n1,079\n+13.0▲1.2%\nBitcoin (BTC)\n$25,572\n+467.2▲1.9%\nEthereum (ETH)\n$1,665\n+15.3▲0.9%\nS&P 500\n4,425.84\n+53.3▲1.2%\nGold\n$1,971\n+15.3▲0.8%\nNikkei 225\n33,485.49\n−16.9▼0.1%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,079", "+13.0\\u25b21.2%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$25,572", "+467.2\\u25b21.9%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,665", "+15.3\\u25b20.9%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,425.84", "+53.3\\u25b21.2%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,971", "+15.3\\u25b20.8%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["33,485.49", "\\u221216.9\\u25bc0.1%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nBitcoin Spurts, Then Fizzles\nBitcoin and other crypto assets spurted briefly late Thursday after fund management giant BlackRock iShares\' unit filed filed paperwork Thursday afternoon with the U.S. Securities and Exchange Commission (SEC)for the formationof a spot bitcoin (BTC) ETF.\nBut the rally, which regained ground lost the previous day, fizzled out well short of the $26,000 threshold BTC lost nearly a week ago. The largest cryptocurrency was recently trading at $25,556, up nearly 2% over the past 24 hours. Bitcoin swooned late Wednesday amid ongoing worries about U.S. central bank monetary policy overreach and growing U.S. crypto regulatory scrutiny.\nRead More:BlackRock\'s iShares Files Paperwork for Spot Bitcoin ETF\nEther spiked similarly to trade above $1,660, a 0.8% gain from Wednesday same time. Other major cryptos went from the Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-16 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $494,397,676,500 - Hash Rate: 398160232.4659646 - Transaction Count: 512202.0 - Unique Addresses: 765014.0 Social & AI Sentiment: - Fear & Greed Index: 0.47 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Dubai, United Arab Emirates--(Newsfile Corp. - April 21, 2023) - LYOPAY, the company behind a range of crypto-friendly products, has unveiled its latest innovation -LYOPAY Pro. This revolutionary payment app allows users to easily transact with cryptocurrencies and fiat money in over 150 countries around the world. LYOPAYTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8902/163210_802b7e31b44c396e_001full.jpg The key aim of LYOPAY Pro is to empower individuals and businesses with greater financial freedom and global economic opportunities, regardless of their geographic location. LYOPAY Pro is built to provide users with a seamless payment experience that blends the traditional fiat currency system with the cutting-edge world of digital currency. This payment app opens the possibility of using cryptocurrencies and fiat currencies to a global audience. Mission LYOPAY Pro's mission is to promote the adoption of cryptocurrencies through the buying, selling, and transfer of digital currencies, giving people access to using crypto in their everyday lives. The app is equipped with a range of exclusive features, including digital payment services that are available 24/7. Thus the app also maintains a high level of transparency with its users, providing detailed information on all the fees and charges associated with its services. LYOPAY Pro allows for multi-fiat and multi-crypto transactions, and users can access sixIBAN accounts,each with unlimited balances. LYOPAY Pro also includes acrypto walletthat enables users to quickly and easily transfer funds between wallets and sell their crypto for traditional currencies. Services LYOPAY Pro supports different cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Tether, BAT, Paxos, USD Coin, and EOS. LYOPAY Pro is not only a payment app, but also a platform that offers various services to its users. The app also includes a range of travel and concierge services too; personalized travel experiences, access to exclusive events, and VIP airport services are some of the features LYOPAY provides. LYOPAY Pro also offers rewards and discounts when users make purchases using the app. LYOPAY Pro offers brandedphysical and virtual cards, including Explorer, Titan, Signature, and Excellence tier options. The Excellence card, the top-level option, is a solid gold card, delivered in an Italian handmade wooden box. Users can purchase unlimited virtual cards and top them up via Google Pay, Samsung Pay, and LYOPAY Pro fiat wallets. LYOPAY Pro allows easy money transfer and exchange with SEPA and SWIFT transfers and is compatible with USD, EUR, GBP, CNY, JPY, and PHP currencies. Explore LYOPAY Pro For more information about LYOPAY Pro, visithttps://lyopay.pro/. The app will soon be available on Apple Pay and Google Play. With LYOPAY Pro, individuals and businesses can become a part of the global economy and take advantage of new opportunities in the digital age.Media Contact: Contact Name: Nahid El OtmaniEmail:[email protected] To view the source version of this press release, please visithttps://www.newsfilecorp.com/release/163210... - Reddit Posts (Sample): [['u/IHaventEvenGotADog', 'Moon Metrics (Moontrics) - Round 40', 37, '2023-06-16 00:21', 'https://www.reddit.com/r/CryptoCurrency/comments/14afbzr/moon_metrics_moontrics_round_40/', "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/k75bigez996b1.png?width=1413&format=png&auto=webp&v=enabled&s=13ee0e16a78f3f857ea571fdd60a867cda13c407\n\nThe Sum of all the karma per round\n\nA 13% decrease since the last round. I'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. I'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\nThe spike at round 33 was probably from all the FTX bullshit and the 700 news link posts about it every hour.\n\n# The ratio of Moons to karma\n\nhttps://preview.redd.it/lo458ap1a96b1.png?width=1413&format=png&auto=webp&v=enabled&s=f122d2af49255045f259082828f52e812ee0c10d\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\nRound 36 spike was caused by the reintroduction of a shitload of burned Moons from the testnet bridge closing\n\nThe ratio will naturally decline over time as the Moons released per round reduce by 2.5%.\n\nWith 2 days of a closed subreddit and 3rd party apps getting fucked over a week before the end of round 41, then there's a very good chance we get a ratio over 1.0 next round.\n\n# Number of users on .CSV\n\nhttps://preview.redd.it/cpspanw9a96b1.png?width=1422&format=png&auto=webp&v=enabled&s=b779a29d544600efa2a5969d3c5ce6cf239f62b4\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 60%. This doesn't indicate that only 60% 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/mmqsv3gba96b1.png?width=1396&format=png&auto=webp&v=enabled&s=84401057e0edbdfb3185f15d6a26392f5124b6e7\n\nThe spike from round 28 to 29 was caused by the implementation of CCIP 031 which removed vaultless users with less than 10 karma from the .csv\n\n# Average Moons per user & Median Moons per user\n\nhttps://preview.redd.it/61xh1ctda96b1.png?width=914&format=png&auto=webp&v=enabled&s=4987217556b82ae7256a00266ceb872315e7c574\n\nhttps://preview.redd.it/se6xhh4ea96b1.png?width=914&format=png&auto=webp&v=enabled&s=ff07b96fc3d233aef729b0a3fa5625a7479730ee\n\nThe increase in average and median from round 28 to 29 was also caused by the implementation of CCIP 031.\n\nThe average Moons earnt per user takes into account a lot of factors: number of users, Moon to karma ratio and the reduction in Moons being released per round.\n\n# Moons Market Cap Rank\n\nhttps://preview.redd.it/op6tljeja96b1.png?width=1993&format=png&auto=webp&v=enabled&s=c1015fdd3970868ae0e9c2dd09a004f44b6bec52\n\nThe recent drop was from a non vault address selling [445k Moons in one transaction on Sushiswap](https://nova.arbiscan.io/tx/0x101b8d99c7c220e5c00446e7797a76524d9b65fda8a0919cb6910d1c7fb2a403). They prolly lost like 30% to slippage. ^(REKT)\n\n# Enough graphs, show me the spreadsheet\n\nhttps://preview.redd.it/dzymx5t7b96b1.png?width=1097&format=png&auto=webp&v=enabled&s=8597e9a9a01d6b9fcbefbf1ac2ac6e7b30e35393\n\nhttps://preview.redd.it/nqzhujoab96b1.png?width=1096&format=png&auto=webp&v=enabled&s=a793177e99c37fb9f0118afbcfb271d3eff268d2\n\n(The dates are a day ahead than most of you as I live in the future in UTC+13)\n\nI asked the admins to check what dafuq was up with not many Moons being reintroduced. Then I figured out it was probably because the address that burns on behalf of membership buyers paying in $$ ran out of Moons. Apparently they have an alert on the address which failed. So they topped it up with 500k Moons. That will last like 6 months max lol.\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%22%20author%3AIHaventEvenGotADog&restrict_sr=1&sr_nsfw=&sort=new)\n\nTL;DR Karma goes down, ratio goes up, 1 Moon = 1 Moon, I fucking love spreadsheets.", 'https://www.reddit.com/r/CryptoCurrency/comments/14afbzr/moon_metrics_moontrics_round_40/', '14afbzr', [['u/Tasigur1', 15, '2023-06-16 00:45', 'https://www.reddit.com/r/CryptoCurrency/comments/14afbzr/moon_metrics_moontrics_round_40/joa6xzl/', 'I call it right now, next month the ratio will be between 0.92 and 1.02 💪', '14afbzr']]], ['u/crua9', "So I found out I've been shadow ban from Ledger. I think it is because I spoke common sense", 10, '2023-06-16 00:49', 'https://www.reddit.com/r/CryptoCurrency/comments/14ag0oe/so_i_found_out_ive_been_shadow_ban_from_ledger_i/', 'So I had a feeling I\'ve been shadow ban after the huff from when they got caught actually preventing post from showing. (The reason why I follow it still is because I\'m still transferring stuff and likely will be until the start of next month. I want to keep an eye out for anymore crap where I need to rush moving things)\n\n\n\nAnyways, I seen a post where someone was trying to use swaps to switch their stETH to ETH, and I said\n\nhttps://preview.redd.it/6lk4246oe96b1.png?width=636&format=png&auto=webp&v=enabled&s=a0af60a2bf1a87ed052ce75de0c58e3a38c734cd\n\nSwitching to a private window shows\n\nhttps://preview.redd.it/vu1lw8dre96b1.png?width=469&format=png&auto=webp&v=enabled&s=bf714fb06242defece8c86bb65d24758f2d5e7b8\n\n\n\nIf I had to guess, the reason why I was shadow ban is because\n\n[https://np.reddit.com/r/CryptoCurrency/comments/146alh7/it\\_looks\\_like\\_ledger\\_is\\_deleting\\_post\\_asking\\_for/](https://np.reddit.com/r/CryptoCurrency/comments/146alh7/it_looks_like_ledger_is_deleting_post_asking_for/)\n\nOr I told the co-founder u/btchip this when he tried to defend him not open sourcing the firmware yet and how Ledger is more "trusted" than others.\n\n\\_\\_\\_\\_\\_\\_\\_\n\nHere is where the problem really comes in today.\n\n\n\n1. Without the code open source it is a true trust me bro. What many are worried about is that tool which could allow for the private keys to leave their device, that is in the firmware. And there is no way to just not have that other than never update the firmware. Having it open source will allow us to quickly confirm opt in or not, if the code which allows for it is there or not. Or if the tools are added after you opt in.\n2. We still don\'t honestly know how your recovery system works during the opt in part. Like we are told 1 second it is an opt in, you need to sign a smart contract, etc. BUT the next second we are told you can\'t export the keys from the device. Unless if we are manually writing in the seed phrase in the new service. These 2 things conflict with each other.\n\n\n\nAnd what makes it worse for 2 is when someone actually does ask. We are told we don\'t know how a hardware wallet works, or we are giving a depth analysis on what wasn\'t even asked. I even asked this in a support email and got a detail description on the the thing being split or whatever. But it never answered how the service even gets the seed phrase.\n\n\n\nWhen I flat out asked does the seed phrase/master key get exported from the device or we have to manually put it in. I got another deep dive in what I didn\'t ask for. I never got the answer. And it seems like no one is getting an answer to this question.\n\n\n\nSo please answer that question. Does the master key get exported from the device itself? Or does the user have to manually put in the needed info?\n\n\n\nAnyways, It would go a long way if your company says firmly state if the tools which allows for the extracting of the private master key is within the firmware update or when does it go on the device. (note I will highly recommend to open source the firmware as soon as possible)\n\n\n\nOr better yet, that and show a detail video on how the new service works. Even more how the service gets the master key. Is it exported, or do you have to manually write in the seed phrase.\n\n\n\n\n\n[Evidence I actually did say that](https://preview.redd.it/zrkn6oe5g96b1.png?width=1407&format=png&auto=webp&v=enabled&s=c48c9485e46ff993f7114ec51cdc59907f257868)\n\n\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\\_\n\n\n\nTLDR Ledger is pissed at me for exposing their crap or speaking a truth they don\'t want to hear.', 'https://www.reddit.com/r/CryptoCurrency/comments/14ag0oe/so_i_found_out_ive_been_shadow_ban_from_ledger_i/', '14ag0oe', [['u/kryptoNoob69420', 11, '2023-06-16 00:58', 'https://www.reddit.com/r/CryptoCurrency/comments/14ag0oe/so_i_found_out_ive_been_shadow_ban_from_ledger_i/joa8ju7/', 'It was pretty sad to see the most successful hardware wallet manufacturer become greedy enough to give up the most important tenant of their product just to shovel $10 monthly subscriptions.\n\nTheir slimy attitude shows how arrogant their management is and how that arrogance has already started killing their company.', '14ag0oe']]], ['u/crazypostman21', 'Nano was on my mind today.', 53, '2023-06-16 01:46', 'https://www.reddit.com/r/nanocurrency/comments/14ahchn/nano_was_on_my_mind_today/', "So I bought some. Makes me sad to see Nano slip... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 first-person account of a cryptocurrency hack was verified by Forkast. The writer requested not to be identified due to repeated phishing attacks. First, let me tell you about the cockroaches. The worst holiday I ever had started in Thailand, Phuket Island to be exact, more than two decades ago. I’d rented a motorbike, wasn’t paying attention, skidded on a patch of loose gravel — broke a collarbone and gashed up most of my left arm. A doctor on the island dressed the scrapes and cuts, put me in a sling, but I didn’t need him to tell me the next week of what was a scuba diving holiday wouldn’t involve any time underwater. Still, I was traveling alone and had rented a bungalow on a beach at a nearby island for the next leg and decided I’d go there anyway and rest up. The bungalow was basic, electricity fed from a garden generator, which was temperamental, said the lady at the reception hut, assuring me when the power went off, it would (eventually) come back on. Sure enough, that night the power went out while I was reading in the room, so I dug out a dive flashlight. The Phuket doctor had told me to change the dressing on the gashed arm and also give the cuts time to breathe, so on the second night I took off the dressing, washed the gashes, put the sling back on and went to sleep planning to dress the injury again in the morning. I woke up in the dark and realized something was moving and rustling under the bed sheet on my left side. I reached for the bedside light, but the power was out. I groped for the flashlight on the side table, turned it on, peeled back the bedsheet and saw a swarm of cockroaches feasting on my scraped and bloodied arm. I reacted like I assume most people would by shouting something unprintable, jumping up and swiping and swatting at the arm. In the flashlight, roaches ran across the bed and careened across the floor. I spent the rest of the night in a chair by the door, dog-tired but sweeping the floor with the light every now and then to pick out roaches zipping across the room — whacking whatever came near with the sheet I pulled from the bed. The power never did come back, but when the sun eventually came up, I checked out. Story continues In May this year — just two days before the worst birthday I ever had — two Bitcoin and a little more than two Ether I had spent about four years accumulating was stolen from a\xa0cold wallet through a phishing attack. Several more phishing emails and phone calls followed over the next several days. Sitting at home and shell shocked I found myself remembering that night in Thailand. Then the penny dropped: Hackers are like cockroaches. Once you are targeted, they stay in the dark, but come after you in swarms. I wrote this account to try and put down observations of how these hackers came at me and how I reacted (badly) to hopefully provide some red flag reminders for others. I claim no particular expertise in blockchain or cryptocurrency, but we all know the behavior of cockroaches. After the collapse of the FTX crypto exchange last November I did what a lot of investors did and moved tokens into a cold wallet, in my case a Trezor. I also advised my daughter to move her Bitcoin being saved for university fees to my Trezor, thinking it would be safer. After that, I didn’t really do anything with it — except to occasionally think how weird it was to have thousands of dollars sitting in a desk drawer. (Is this what financial freedom looks like? Should I put it in a bank safe deposit box?) But in December last year, I pulled the Trezor out to explore other functions and in the process, the crypto disappeared. That was freaky, but I messaged support at Satoshi Labs, the Trezor maker, with screenshots and they emailed back after a few days to walk me through what to do. This is the email from Satoshi Labs. Screenshot of SatoshiLabs’ customer service email. Image: provided Apparently I had moved the tokens into a hidden wallet. After a reset, the missing crypto funds appeared again. I didn’t take this further, though being told by Trezor support they had “never seen wallet window” like in the screenshot I sent was troubling. I didn’t touch the Trezor for months after that, though I still had the occasional niggles about the crypto laying around as Bitcoin’s price jumped from the start of the year. Here is the phishing mail that arrived in my inbox in mid-May. It was sent to the email I used for Trezor communications, had the Trezor logo at the top, even seemed to mimic some of the lowercase lettering from Satoshi Labs. And while it has a new ticket ID, it referenced the “missing funds” which was the topic of my mail to Trezor in December. Screenshot of the phishing email received by the victim. Image: provided The email arrived in the evening. I was tired, distracted, doing four things at once online. I looked at it, saw the reference to the missing funds, remembered I hadn’t opened the Trezor since the Ethereum hard fork, and did the thing we know to never, never do, clicked the link and it opened what looked like the Trezor site, I entered the seed phrase. I then watched in disbelief as the crypto was pumped out. Beside loss of assets, theft is an act of psychological violence that leaves you in deep shock and in that state you become disoriented and in denial about what has happened. In other words, you are desperate and vulnerable, and a prime target for a second hack. (Binance has a link on that which I wish I’d seen at the time: How Not to Fall for a Scam Twice ) You also feel enormously stupid. Yes, “even monkeys fall from trees” but I imagine that the monkeys feel pretty stupid, too. I immediately messaged Trezor support in a panic, but the response was to expect a response in three days, not that they could have done anything. I went on Telegram — for reasons I still don’t understand other than desperation — seeking help and advice. One Telegram user was sympathetic and offered to help, wanted the transfer IDs for the hack and then asked for the seed phrase for another wallet I had, proposing to get back the stolen crypto and transfer it there. Of course, it was another cockroach (or maybe the same one) but I was in the state of wanting to believe there was help from the crypto community and that there was a way to get the stolen crypto back. As a result, I almost got taken a second time. (Telegram seems to host whole nests of these roaches. I messaged Telegram at [email protected] to flag this hacker and never heard back from them. Trezor later confirmed they do not have any support groups on Telegram. Neither does Binance.) I continued looking online for other help and found a cybersecurity company that claimed to have teams of ethical hackers that can track and expose online thieves to law enforcement and then get the crypto back. Problem with those services is they want thousands of dollars upfront and, of course, there is no guarantee of any success. (See above on being in shock, vulnerable and getting scammed twice.) Using the transaction IDs for the hack, I could see the cockroach’s wallet and that it had interacted with a Binance wallet. I got online with Binance support, gave them the transaction IDs to ask if they could freeze the wallet. They checked and were very helpful, but it wasn’t a Binance wallet and they could do nothing. However, I did follow Binance support’s advice not to pay thousands of dollars up front to companies offering to get the crypto back. The only real option is file a report to law enforcement — search Google, “Report a Cyber Crime + (Your country)” — and hope. More phishing attacks followed. I received an automated voicemail telling me I needed to call the Singapore immigration department immediately at a U.S. area code number because my details were inaccurate. I don’t live in either country. In early June, I noticed a story online detailing the huge extent of the cryptocurrency hacking and theft that took place in May alone. Beside the major hacks of exchanges that result in millions of dollars of losses spread across thousands of individuals, the story says hackers are shifting their attention to ordinary users. So how many more hundreds or thousands of individuals are being targeted and ripped off every day in other scams? Are the roaches at the gates? Along with the financial devastation, one of the other damaging aspects of being hacked is blaming it on blockchain and cryptocurrencies per se. Confusing the technology, and its potential, with the thieves who exploit it. Because of the transparency of transactions, I can track where the crypto stolen from my Trezor is, but it’s problematic to keep looking because it’s difficult to not see a cockroach with a grin staring back. Phishing attacks on Trezor users are nothing new as the company’s customer emails were hacked in April last year and Trezor put out warnings about it. Because of widespread and ever more sophisticated phishing attacks, some crypto platforms have introduced specific codes for customers – usually a set of numbers chosen by the customer – so any email that arrives claiming to be from the company but lacks the code can be immediately identified as fake. I think it would be a good idea for Satoshi Labs and other exchanges and platforms to adopt that policy to better protect customers. However, the bottom line is I did the thing Satoshi Labs warns over and over again to never do: Punch a seed phrase into a computer. I’ve rebooted the Trezor to start rebuilding again, but I’m also looking at other storage options. We cannot let the roaches win.', 'This first-person account of a cryptocurrency hack was verified by Forkast. The writer requested not to be identified due to repeated phishing attacks. First, let me tell you about the cockroaches. The worst holiday I ever had started in Thailand, Phuket Island to be exact, more than two decades ago. I’d rented a motorbike, wasn’t paying attention, skidded on a patch of loose gravel — bro Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-17 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $514,113,255,012 - Hash Rate: 364329624.4786604 - Transaction Count: 475252.0 - Unique Addresses: 662278.0 Social & AI Sentiment: - Fear & Greed Index: 0.47 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Lama Technology Vilnius, Lithuania, May 15, 2023 (GLOBE NEWSWIRE) -- Lama has announced the launch of its crypto-to-fiat debit card, backed by Visa, for their users to spend their digital assets anywhere. Lama, a registered crypto exchange in Europe, will allow new and existing Lama users to select and spend from various digital assets linked to their cards at the point of sale. Residents in EEA countries can register their interests by downloading the Lama app on both Apple and Google Play stores, depositing or withdrawing their crypto, and getting a physical or virtual debit card to spend their assets anywhere. The new Lama Visa card offers seamless on/off ramping between fiat and digital assets for a smoother user experience, eliminating any unnecessary hassles for Lama users. The card will also offer cashback rewards and other benefits, making it a more attractive option than traditional debit cards offered by banks. Lama card holders can fund their Lama accounts using different cryptocurrencies, including BTC, ETH, BNB, BUSD, USDT, USDC, and more. Crypto funds are linked to Visa cards so users can convert to fiat in real-time, connect with their Apple Pay, and spend in any physical or online store. "We are excited to offer our customers a more seamless way of accessing and spending their digital assets. With our crypto debit card, customers can easily use their crypto holdings for everyday transactions without the need for conversion to fiat currency," said Dr. Jocelyn Braun, co-founder & CEO of Lama. Founded in 2021, Lama has already gained thousands of satisfied customers. Lama prides Itself on privacy, security, and compliance, and its ultimate goal is to facilitate and accelerate the adoption of cryptocurrencies on a global scale through its innovative platform. The crypto debit card is available to residents in EEA countries and can be ordered directly from the Lama app. The card will be linked to the customer's digital wallet, allowing them to easily manage their crypto holdings and transactions. Story continues With its crypto debit card issuance, Lama continues to be at the forefront of the crypto revolution in Europe, providing innovative solutions that make crypto more accessible and user-friendly. About Lama Lama is a registered crypto provider offering services for both consumers and businesses. A platform that allows users to pay and receive payments in both fiat and cryptocurrencies and save, store, earn and manage digital currencies through one user-friendly and trustworthy app. CONTACT: Jocelyn Braun Co-founder and CEO Lama Technology hello-at-mylama.eu https://www.mylama.eu/... - Reddit Posts (Sample): [['u/RonPaulWasR1ght', "Theory on what Blackrock is up to with this whole ETF business. They're going to suck up $, get big, then fork off a PoS version of BTC, and direct their holdings into that shipcoin, as well as those of their clients. Then they'll sell BTC and buy the hard forked shipcoin.", 15, '2023-06-17 00:43', 'https://www.reddit.com/r/Bitcoin/comments/14ba6gs/theory_on_what_blackrock_is_up_to_with_this_whole/', 'So, this is what it looks like Blackrock will try to do here. And you guys tell me if I\'m onto something, or if not, set me straight. But in their proposed prospectus, and I\'m paraphrasing here because my posts get taken down if I include certain links....in their prospectus it says that if there\'s a hard fork of BTC, then the ETF management is at liberty to decide which coin(s) to hold and which to divest the ETF of. So...remember the "change the code, not the climate" horseshit that Greenpeace tried a few years back? Well, let\'s put those two together...\n\nWhat if Blackrock brings in all the doctor\'s widows, and encourages them to put their 401ks in the Blackrock Bitcoin spot ETF, and they pump that thing full of several hundred billion $? Not an impossible amount for them, and that would be a huge fraction of the Bitcoin market cap. So then they write some stupid, retarded shipcoin code on Bitcoin Core, and fork it off. To protect the climate and all that crap. \n\nSo then this new shipcoin will have, overnight, like half of what Bitcoin\'s entire market cap used to have. So the price of shipcoin will be quite high all of a sudden. To top it off, Blackrock will then sell their original Bitcoin coins, and buy more shipcoin with the proceeds(after a hard fork they\'ll have one of each coin type). Remember throughout ALL of this, they have quick access to the $ printer if they ever need it. \n\nOnce they\'ve successfully smashed the price of Bitcoin, created enormous volatility in it\'s price, and thorougly demonized it for climate crap reasons, they\'ll move to ban it and carry on with the CBDC and all that. \n\nIt\'s truly a "don\'t beat them, join them and control them" approach. Will it work?', 'https://www.reddit.com/r/Bitcoin/comments/14ba6gs/theory_on_what_blackrock_is_up_to_with_this_whole/', '14ba6gs', [['u/coelectric', 31, '2023-06-17 00:48', 'https://www.reddit.com/r/Bitcoin/comments/14ba6gs/theory_on_what_blackrock_is_up_to_with_this_whole/joeo0se/', 'That\'s cool they can dump BTC for their "Piece Of Shit" coin and I\'ll continue to load up at discount prices.', '14ba6gs'], ['u/chrisxinghua', 16, '2023-06-17 01:07', 'https://www.reddit.com/r/Bitcoin/comments/14ba6gs/theory_on_what_blackrock_is_up_to_with_this_whole/joeq8r7/', "You forget. Everyone has been creating new shipcoins. BTC even forked. There's no ecosystem for it, man. They'll be stuck with a dying bird while BTC rises - and then their investors leave them. Makes way more sense for them to just ride BTC for real, they make money in fees no matter what BTC does.", '14ba6gs']]], ['u/Background_Drink6295', '80% RAM AND 30% CPU USAGE 40% GPU USAGE', 1497, '2023-06-17 01:04', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/', "Kick is legit farming Bitcoin on my computer. Playing CSGO doesn't work my PC this hard lmao?\n\n\n\n$3000 PC btw.", 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/', '14bao6d', [['u/lczy23', 225, '2023-06-17 01:06', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joeq7ta/', 'yeah same i aint watching that shit lol', '14bao6d'], ['u/PM-ME-QUALITY-ECCHI', 522, '2023-06-17 01:07', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joeq9hm/', 'yep. insane PC here too, shit is using 20GB of my 64gb of ram. actual btc miner', '14bao6d'], ['u/Background_Drink6295', 50, '2023-06-17 01:09', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joeqhe1/', 'I was also charged twice for my sub', '14bao6d'], ['u/Krait_0601', 18, '2023-06-17 01:13', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joer19t/', '![img](emote\|t5_flhe9\|7339)', '14bao6d'], ['u/JustSideClimb', 62, '2023-06-17 01:17', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joerehh/', 'Lol just checked. 84% Ram ![img](emote\|t5_flhe9\|7337)', '14bao6d'], ['u/Alceaus', 35, '2023-06-17 01:17', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joerh64/', "Stream won't even load for me.", '14bao6d'], ['u/SemenWhal3', 10, '2023-06-17 01:17', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joerhax/', '![img](emote\|t5_flhe9\|7339)', '14bao6d'], ['u/Karahx', 14, '2023-06-17 01:28', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joess4v/', 'I always play games while I have him on in the background, I only watch like 30-60 minutes of each stream actively having the stream up. My game(Killing Floor 2) crashed 3 times having the stream on lol.', '14bao6d'], ['u/quote_if_hasan_threw', 359, '2023-06-17 01:30', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joesyft/', 'Immagine having infinite gamba money to develop an actual decent site and fail catastrophically ![img](emote\|t5_flhe9\|7339)![img](emote\|t5_flhe9\|7339)![img](emote\|t5_flhe9\|7339)', '14bao6d'], ['u/stressedfellar', 109, '2023-06-17 01:30', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joet0eq/', 'lmao I just checked 80% ram, 30% CPU, 20% GPU, +50 million for my juicer though', '14bao6d'], ['u/xJTxD0notPaN1C', 436, '2023-06-17 01:30', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joet1xu/', 'dumbass paying a millionaire', '14bao6d'], ['u/stressedfellar', 105, '2023-06-17 01:31', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joet2k3/', "actually he's with new gold digger now, make that +25 million", '14bao6d'], ['u/PM-ME-QUALITY-ECCHI', 162, '2023-06-17 01:34', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joethhx/', 'they cant even copy paste a website correctly, actually embarrassing', '14bao6d'], ['u/Jgfranco88PkmnGo', 19, '2023-06-17 01:36', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joetqw9/', 'He better cash in that 100 mil check quick!', '14bao6d'], ['u/sataprosenttia', 10, '2023-06-17 01:38', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joeu0ii/', 'Gotta get that $100mil back somehow.', '14bao6d'], ['u/_rallen_', 192, '2023-06-17 01:39', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joeu3zo/', 'Fucking idiot why would you sub to someone getting paid 100mil lmaooooo', '14bao6d'], ['u/ponyo_impact', 146, '2023-06-17 01:40', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joeu92s/', 'literally giving money to someone that just signed a $100,000,000 contract\n\nthanks for letting us all know your a brilliant individual.', '14bao6d'], ['u/Josewx', 40, '2023-06-17 01:42', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joeugsc/', 'same, unwatchable, it lags so hard', '14bao6d'], ['u/Illustrious_Risk3732', 23, '2023-06-17 01:44', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joeuq79/', "Your not the only one.\n\nMy PC is good and my shit lags with 7TV on or off if I watch YouTube it's ok and the website even lags trying to watch X.", '14bao6d'], ['u/Illustrious_Risk3732', 76, '2023-06-17 01:47', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joeuzuf/', '![img](emote\|t5_flhe9\|7340)', '14bao6d'], ['u/Affectionate-Dog-903', 216, '2023-06-17 01:48', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joev6tw/', 'Bro I tried to sign up and I can’t even get past terms and conditions. Doesnt allow me to accept them lol', '14bao6d'], ['u/HuntingViper', 24, '2023-06-17 01:55', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joevy9i/', "I can't even create an account on this dogshit site", '14bao6d'], ['u/syjosolidum', 87, '2023-06-17 01:55', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joevysp/', 'Brother the kick app heated up my phone while watching X 💀', '14bao6d'], ['u/ItzNotToby', 55, '2023-06-17 01:55', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joevz23/', 'im watching the kick stream through someone re streaming it on yt', '14bao6d'], ['u/iamahandsoapmain', 40, '2023-06-17 01:56', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joew3oj/', 'Mr 100 million please take my money surely you need it more than me ![img](emote\|t5_flhe9\|7339)![img](emote\|t5_flhe9\|7339)![img](emote\|t5_flhe9\|7339)![img](emote\|t5_flhe9\|7339)![img](emote\|t5_flhe9\|7339)', '14bao6d'], ['u/SemenWhal3', 65, '2023-06-17 01:56', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joew4pe/', 'imagine actually putting your credentials on there ![img](emote\|t5_flhe9\|7340)', '14bao6d'], ['u/Skepticul', 73, '2023-06-17 01:57', 'https://www.reddit.com/r/xqcow/comments/14bao6d/80_ram_and_30_cpu_usage_40_gpu_usage/joew7tp/', 'Kinda what happens when you have thousands of people flocking to a site that in the past has barely had 200k people on it at a single time. Site has crashed multiple times before. Probably will take a few days for it to settle down and hopefully fix the issues.', '14bao6d'], ['u/MuxOnReddit', 11, '2023-06-17 01:58', 'https://www.re... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Gryphon adds another experienced premier bitcoin mining CFO LAS VEGAS , June 18, 2023 /PRNewswire-PRWeb/ -- Gryphon Digital Mining, Inc. ("Gryphon," "Gryphon Mining," or the "Company") today announced Sim Salzman as its newly appointed Chief Financial Officer. Sim\'s history includes the CFO role at Marathon Digital Holdings, ("Marathon") which grew its market cap from $500 million to approximately $8 billion within Sim\'s first 12 months. Mr. Salzman brings over 20 years of experience in public and private accounting serving clients in a variety of industries, including bitcoin mining. Sim spent over two years at Marathon where he led the finance function as its Chief Financial Officer and Chief Accounting Officer. Prior to Marathon, Sim held CFO roles for various companies including the Las Vegas Monorail Company. Sim also has extensive experience in senior auditor roles at BDO US and RSM US. Sim holds a BS in Accounting and a BA in Criminal Justice from the University of Maryland . "The public bitcoin mining space is only a few years old and experienced executives who have successfully navigated the companies within it are rare." said Rob Chang , CEO of Gryphon Digital Mining. "With Sim we are delighted to add another experienced CFO from a significant publicly traded bitcoin miner to add to our blue-chip team." Investors can learn more about Gryphon by visiting https://gryphondigitalmining.com/ and following it on Twitter @GryphonMining . About Gryphon Digital Mining Gryphon Digital Mining, Inc. is an innovative venture in the bitcoin space dedicated to helping bring digital assets onto the clean energy grid. With a talented leadership team coming from globally recognized brands, Gryphon is assembling thought leaders to improve digital asset network infrastructure. Its Bitcoin mining operation has a net carbon-negative strategy. More information is available on https://gryphondigitalmining.com/ . Story continues Additional Information and Where to Find It This communication may be deemed to be solicitation material with respect to the proposed transactions between Akerna and Gryphon and between Akerna and MJ Acquisition Co. In connection with the proposed transactions, Akerna has filed relevant materials with the United States Securities and Exchange Commission, or the SEC, including a registration statement on Form S-4 that contains a prospectus and a proxy statement. Akerna will mail the proxy statement/prospectus to the Akerna stockholders, and the securities may not be sold or exchanged until the registration statement becomes effective. Investors and securityholders of Akerna and Gryphon are urged to read these materials because they will contain important information about Akerna, Gryphon and the proposed transactions. This communication is not a substitute for the registration statement, definitive proxy statement/prospectus or any other documents that Akerna may file with the SEC or send to securityholders in connection with the proposed transactions. Investors and security holders may obtain free copies of the documents filed with the SEC on Akerna\'s website at http://www.akerna.com , on the SEC\'s website at http://www.sec.gov or by directing a request to Akerna\'s Investor Relations at (516) 419-9915. This communication is not a proxy statement or a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed transactions, and shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended. Participants in the Solicitation Each of Akerna, Gryphon, MJ Acquisition Co. and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the stockholders of Akerna in connection with the proposed transactions. Information about the executive officers and directors of Akerna is set forth in Akerna\'s Definitive Proxy Statement on Schedule 14A relating to the 2022 Annual Meeting of Stockholders, filed with the SEC on April 19, 2022 . Other information regarding the interests of such individuals, who may be deemed to be participants in the solicitation of proxies for the stockholders of Akerna, is set forth in the proxy statement/prospectus included in Akerna\'s registration statement on Form S-4. You may obtain free copies of these documents as described above. Cautionary Statements Regarding Forward-Looking Statements This press release contains forward-looking statements based upon the current expectations of Gryphon and Akerna. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, which include, without limitation: (i) the risk that the conditions to the closing of the proposed transactions are not satisfied, including the failure to timely obtain stockholder approval for the transactions, if at all; (ii) uncertainties as to the timing of the consummation of the proposed transactions and the ability of each of Akerna, Gryphon and MJ Acquisition Co. to consummate the proposed merger or asset sale, as applicable; (iii) risks related to Akerna\'s ability to manage its operating expenses and its expenses associated with the proposed transactions pending closing; (iv) risks related to the failure or delay in obtaining required approvals from any governmental or quasi-governmental entity necessary to consummate the proposed transactions; (v) the risk that as a result of adjustments to the exchange ratio, Akerna stockholders and Gryphon stockholders could own more or less of the combined company than is currently anticipated; (vi) risks related to the market price of Akerna\'s common stock relative to the exchange ratio; (vii) unexpected costs, charges or expenses resulting from either or both of the proposed transactions; (viii) potential adverse reactions or changes to business relationships resulting from the announcement or completion of the proposed transactions; (ix) risks related to the inability of the combined company to obtain sufficient additional capital to continue to advance its business plan; and (x) risks associated with the possible failure to realize certain anticipated benefits of the proposed transactions, including with respect to future financial and operating results. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties. These and other risks and uncertainties are more fully described in periodic filings with the SEC, including the factors described in the section titled "Risk Factors" in Akerna\'s Annual Report on Form 10-K for the year ended December 31, 2022 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2023 , each filed with the SEC, and in other filings that Akerna makes and will make with the SEC in connection with the proposed transactions, including the proxy statement/prospectus described under "Additional Information and Where to Find It." You should not place undue reliance on these forward-looking statements, which are made only as of the date hereof or as of the dates indicated in the forward-looking statements. Except as required by law, Akerna and Gryphon expressly disclaim any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based. Media Contact Rob Chang , Gryphon Digital Mining, (877) 646-3374, [email protected] SOURCE Gryphon Digital Mining', 'Gryphon adds another experienced premier bitcoin mining CFO LAS VEGAS , June 18, 2023 /PRNewswire-PRWeb/ -- Gryphon Digital Mining, Inc. ("Gryphon," "Gryphon Mining," or the "Company") today announced Sim Salzman as its newly appointed Chief Financial Officer. Sim\'s history includes the CFO role at Marathon Digital Holdings, ("Marathon") which grew its market cap from $500 million to approximately $8 billion within Sim\'s first 12 months. Mr. Salzman brings over 20 years of experience in public and private accounting serving clients in a variety of industries, including bitcoin mining. Sim spent over two years at Marathon where he led the finance function as its Chief Financial Officer and Chief Accounting Officer. Prior to Marathon, Sim held CFO roles for various companies including the Las Vegas Monorail Company. Sim also has extensive experience in senior auditor roles at BDO US and RSM US. Sim holds a BS in Accounting and a BA in Criminal Justice from the University of Maryland . "The public bitcoin mining space is only a few years old and experienced executives who have successfully navigated the companies within it are rare." said Rob Chang , CEO of Gryphon Digital Mining. "With Sim we are delighted to add another experienced CFO from a significant publicly traded bitcoin miner to add to our blue-chip team." Investors can learn more about Gryphon by visiting https://gryphondigitalmining.com/ and following it on Twitter @GryphonMining . About Gryphon Digital Mining Gryphon Digital Mining, Inc. is an innovative venture in the bitcoin space dedicated to helping bring digital assets onto the clean energy grid. With a talented leadership team coming from globally recognized brands, Gryphon is assembling thought leaders to improve digital asset network infrastructure. Its Bitcoin mining operation has a net carbon-negative strategy. More information is 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: 2023-06-18 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $515,258,984,750 - Hash Rate: 392955523.5448409 - Transaction Count: 439868.0 - Unique Addresses: 661930.0 Social & AI Sentiment: - Fear & Greed Index: 0.49 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Good morning. Here’s what’s happening: Prices: Bitcoin is in consolidation mode before an eventual retest of $30,000, says BitBull Capital. Insights: The crypto industry is spending less than other industries on lobbying. That may need to change. Prices CoinDesk Market Index (CMI) 1,179.39 −18.1 ▼ 1.5% Bitcoin (BTC) $26,593 −517.1 ▼ 1.9% Ethereum (ETH) $1,798 −24.0 ▼ 1.3% S&P 500 daily close 4,191.98 −6.1 ▼ 0.1% Gold $1,981 +2.6 ▲ 0.1% Treasury Yield 10 Years 3.69% ▲ 0.0 BTC/ETH prices per CoinDesk Indices ; gold is COMEX spot price. Prices as of about 4 p.m. ET CoinDesk Market Index (CMI) 1,179.39 −18.1 ▼ 1.5% Bitcoin (BTC) $26,593 −517.1 ▼ 1.9% Ethereum (ETH) $1,798 −24.0 ▼ 1.3% S&P 500 daily close 4,191.98 −6.1 ▼ 0.1% Gold $1,981 +2.6 ▲ 0.1% Treasury Yield 10 Years 3.69% ▲ 0.0 BTC/ETH prices per CoinDesk Indices ; gold is COMEX spot price. Prices as of about 4 p.m. ET Good morning Asia, Bitcoin and ether are continuing their downward drift. Bitcoin is opening the Asia trading week down 1.3% to $26,779, while ether is down 0.8% to $1,806. During the last month, bitcoin has primarily been in consolidation mode. Drifting downward ever so slowly, but still maintaining its value, down just 2% over the last 30 days – a much-needed break for investors from the roller-coaster of last year. “Bitcoin has corrected to levels between $27k and $25k. This is where we’d like to see some consolidation before a retest of $30k in the coming days,” Joe DiPasquale, CEO of BitBull Capital, said to CoinDesk in a note. “While the market may not rally in the near term, the price action is following expectations as we witness consolidation during bearish sentiment.” Meanwhile, Tornado Cash’s TORN token has begun to recover after the protocol’s DAO was the victim of vote fraud over the weekend. This attack – which was not an exploit or hack – involved an attacker putting forward a proposal that looked benign on the surface but allowed the attacker access to all governance votes via some hidden malicious code. Story continues In the aftermath, the protocol’s TORN token dropped 40% to $3.59 from $5.76, but is now recovering and up to $4.66. The Tornado Cash community is proposing solutions to revert the unauthorized code changes and considering creating a new contract with airdropped tokens for existing holders. Asset Ticker Returns DACS Sector Gala GALA −6.0% Entertainment Terra LUNA −4.5% Smart Contract Platform Solana SOL −4.3% Smart Contract Platform Insights The Crypto Industry's Lobbying Deficit A recent report from Washington, D.C.-based political watchdog Open Secrets shows that first-quarter federal lobbying has topped $1 billion for the second consecutive year. Some expected industries lead the rankings in lobbying spend: healthcare, finance, real estate and energy. Overall in 2022, industries and activist groups of all shapes and sizes spent $4.1 billion on federal lobbying efforts. As for crypto? Despite increasing regulatory hostility from D.C, crypto’s actual lobbying spend came in at $21.6 million for the year, according to Open Secrets data. Certainly, this is an increase from years prior, but as an industry with a market cap of just over $1 trillion, it wouldn’t even crack the top-20 list for lobbying spend. In comparison, big pharma spent $375.2 million in 2022. The automotive industry spent $82 million, and commercial banks paid $64.6 million to lobbyists that year. The industry's political contributions to election campaigns grew tenfold from 2020 to 2022, totaling $2.3 million in the latter, Open Secrets recently reported . Major contributors included Coinbase, which alone spent $3.4 million on lobbying. Open Secrets’ data shows that lobbying by crypto majors is up during the first quarter of the year. Tether has spent $270,000 lobbying in the first quarter of 2023, which doesn’t sound like much, but is a huge jump over its first quarter 2022 spend of $100,000. Tether's jump in lobbying spend during the first quarter of the year (OpenSecrets) The Blockchain Association is up as well , to $490,000 spent this quarter compared to $460,000 for the same time last year. Stablecoin issuer Paxos also saw a huge jump , with its lobbying spend rising from $50,000 in Q1 2022 to $80,000 this past quarter. Of course, this is all dwarfed by TradFi lobbying spending. The American Bankers Association spent $2 million during this past quarter , while Citigroup spent $1.4 million. Sadly, successful businesses need to lobby to become more successful. That’s just the nature of modern politics. And it looks like crypto must do more of it. Important events. Bitcoin Pizza Day The Future of U.K. Crypto Regulation 9:15 a.m. HKT/SGT(1:15 a.m. UTC): People's Bank of China interest rate decision CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Ripple Exec Discusses CBDC Platform Rollout; Axie Infinity Game Debuts on Apple App Store in Key Markets Ripple is starting a central bank digital currency (CBDC) platform which allows central banks, governments, and financial institutions to issue their own digital currency. Ripple Vice President of Central Bank Engagements and CBDCs James Wallis joined "First Mover" to discuss. Plus, Sky Mavis, which is behind NFT project Axie Infinity, is launching its Axie Infinity: Origins card game on the Apple App Store in key markets where the game is most popular. Sky Mavis co-founder Jeffrey 'Jihoz' Zirlin shared his insights. Bitwise Asset Management President Teddy Fusaro and Southern Methodist University Dedman School of Law assistant professor Carla Reyes also joined the conversation. Headlines Bitcoin Payments App Strike Expands to More Than 65 Countries From Three: Strike, led by Jack Mallers, currently operates in the U.S. and El Salvador. Now it's pushing into new markets in Africa, Latin America, Eastern Europe, Asia and the Caribbean – from Antigua and Barbuda to Vanuatu and Zambia. Sotheby's Auctions Part of 3AC's Rare NFT Collection, Bringing In $2.4 Million: The highest-priced NFTs from Part 1 of the Grails collection are Fidenza #725 and Autoglyph #187. Demand for Tokenized Treasury Bonds Soars as Crypto Investors Chase TradFi Yield: The combined market capitalization of tokenized money market funds is nearing $500 million as high yields in traditional markets attract crypto capital. U.S. Sanctions Watchdog Alleges Russia-Linked Crypto Wallet Processed $5M: An Irish national helped wealthy Russians evade sanctions and hide money in UAE, OFAC said Friday. Ledger’s Hard Lesson: Being Right Isn't Good Enough: Public communication doesn’t work like computer code. The French hardware wallet maker learned that the hard way.... - Reddit Posts (Sample): [['u/RuneW007', 'How and when did you first hear about Bitcoin?', 31, '2023-06-18 00:18', 'https://www.reddit.com/r/CryptoCurrency/comments/14c3hgk/how_and_when_did_you_first_hear_about_bitcoin/', 'My very first time hearing about Bitcoin was late 2016 when Btc was around 700$ a coin. I was watching a Youtube video about some guy purchasing stuff on the dark web, like Iphones and hacked streaming accounts. The guy was spending some Bitcoins to test if you could really buy these things on the dark web and if these things really got delivered to your house. If i remember correctly, he got scammed and he never received the Iphone that he bought for around 1 BTC. Looking in hindsight, this was a very expensive Iphone that he never received. \n\nSo I came here to hear about your stories about how and when you first discovered Bitcoin and if you unlike me decided to invest some money in the coin that we now all love. So share your story for us.', 'https://www.reddit.com/r/CryptoCurrency/comments/14c3hgk/how_and_when_did_you_first_hear_about_bitcoin/', '14c3hgk', [['u/Therowerr', 19, '2023-06-18 00:25', 'https://www.reddit.com/r/CryptoCurrency/comments/14c3hgk/how_and_when_did_you_first_hear_about_bitcoin/joiqsj9/', "I hope i can say 2009, the only time that i missed a huge chance to become Jeff Bezos's friend.", '14c3hgk'], ['u/dick_piana', 15, '2023-06-18 00:25', 'https://www.reddit.com/r/CryptoCurrency/comments/14c3hgk/how_and_when_did_you_first_hear_about_bitcoin/joiqu3h/', "On a certain imageboard, it was pretty much as soon as it was created. Didn't understand it and thought it was a scam.", '14c3hgk'], ['u/pure94', 16, '2023-06-18 00:30', 'https://www.reddit.com/r/CryptoCurrency/comments/14c3hgk/how_and_when_did_you_first_hear_about_bitcoin/joirepn/', 'Silkroad was the gateway for myself and my circle of friends', '14c3hgk'], ['u/Mr_Bob_Ferguson', 11, '2023-06-18 00:36', 'https://www.reddit.com/r/CryptoCurrency/comments/14c3hgk/how_and_when_did_you_first_hear_about_bitcoin/jois569/', ">Didn't understand it and thought it was a scam.\n\nThat describes most of the world's population as of 18 June 2023.", '14c3hgk'], ['u/rootpl', 12, '2023-06-18 00:56', 'https://www.reddit.com/r/CryptoCurrency/comments/14c3hgk/how_and_when_did_you_first_hear_about_bitcoin/joiugzz/', 'I heard about it around 2010 and my then very nerdy (in a bad way) friend talked about it like it was a second coming of Christ and I thought "that\'s just dumb" if it wasn\'t him explaining it to me I\'d probably invest... just a wrong person in a wrong time. Feels bad man...', '14c3hgk'], ['u/chadman350', 13, '2023-06-18 01:06', 'https://www.reddit.com/r/CryptoCurrency/comments/14c3hgk/how_and_when_did_you_first_hear_about_bitcoin/joivq0p/', 'Bought some to use on Silk Road at $12. Sold the rest to a friend at $84 and thought I was a genius', '14c3hgk']]], ['u/BTC_Commons', 'Where Bitcoin truly is “The people’s money:” A reflection on my time in El Salvador', 142, '2023-06-18 04:33', 'https://www.reddit.com/r/Bitcoin/comments/14c8swl/where_bitcoin_truly_is_the_peoples_money_a/', '[Read on Substack](https://bitcoincommons.substack.com/p/where-bitcoin-truly-is-the-peoples), [Read on Habla](https://habla.news/a/naddr1qqxnzd3cxuerjwpsxqmrwv3eqyf8wumn8ghj7ur4wfcxcetsv9njuetnqyxhwumn8ghj7mn0wvhxcmmvqy08wumn8ghj7mn0wd68yttjv4kxz7fwdehkkmm5v9ex7tnrdakszynhwden5te0danxvcmgv95kutnsw43qz9rhwden5te0wfjkccte9ejxzmt4wvhxjmcpzpmhxue69uhkummnw3ezuamfdejsygrz53gqfu8eltydhue5ez3gvah7f7xlxxpwlhymsch08wdm9lmcc5psgqqqw4rsx7794u)\n\nMore than two years after El Salvador burst onto the international stage by making Bitcoin legal tender, I was finally able to pay a visit to this almost mythic land, and it did not disappoint. From San Salvador to Santa Ana to El Zonte, everywhere you could see the national project changing the physical landscape, and sense the palpable excitement and connection of the people to the vibrant pulse of a nation truly reborn. ‘Don’t trust, verify,’ we bitcoiners like to say. To my very own surprise, the facts on the ground not only lived up to the hype, they exceeded it.\n\n1. Pupusas and Pilsener\n\nTraveling on a tight schedule, our only night in San Salvador seemed like a lost cause due to the 6-hour delay of our flight from Honduras. With the sun getting quite low on the horizon by the time we landed, our expectations to behold the cathedral and public square of the Centro Historico in their full glory were mostly dashed. Thankfully, we went anyways.\n\nAfter strolling around late into the night, and working up quite the appetite, Google Maps indicated that “San Jose” was the only pupuseria still open nearby. The place was very unassuming, a ‘hole in the wall’ type of establishment. Workers finishing their long day shifted in and out, getting a quick bite before going home for the night.\n\n[Pupuseria San Jose](https://preview.redd.it/kxtilfe9uo6b1.jpg?width=4032&format=pjpg&auto=webp&v=enabled&s=49afe3dd7002bf3a3f2ec2f1ef4f9199d5a38a1c)\n\nInside, neon lights bounced off the bright orange cement walls, and in the front, next to the grill where a young woman churned out pupusas by the dozen, a big purple Chivo sign read “Se aceptan pagos con Bitcoin.” I am not one to believe in omens, but when the universe gifts you purple and orange at the people’s pupuseria of choice, the classy thing to do is to acknowledge, and enjoy.\n\nAfter getting our order, we made our way to the long wooden benches that lined the walls on each side, and sat among the jars of pickled cabbage decorating the rows of cheap plastic tables. As we wolfed down the pupusas and drank our Pilsener beers, a voice beamed down from the TV hanging by the ceiling menu: “He arrived at the presidency in debt, with his investments in the gutter, and this person left the presidency as a millionaire...”\n\n[Wall Menu](https://preview.redd.it/j8q1nncbuo6b1.jpg?width=3972&format=pjpg&auto=webp&v=enabled&s=3383215e8d6334b8bf56dd1a0d641069e5a760a5)\n\nIt was Attorney General Rodolfo Antonio Delgado Montes, [talking to the press](https://www.youtube.com/live/XU70xL2UeNg?feature=share) after [confiscating the properties](https://larepublica.pe/mundo/2023/06/02/el-salvador-alfredo-cristiani-nayib-bukele-anuncia-la-intervencion-de-las-propiedades-del-expresidente-cristiani-felix-cristiani-caso-gabela-98922) of [Alfredo Cristiani](https://en.wikipedia.org/wiki/Alfredo_Cristiani), former president and surrogate for Monsanto in Central America. Far from being another sanitized news segment, the AG spoke candidly and at length, seemingly without a script, while everyone in the pupuseria listened intently; even the workers turned to watch or glanced at it as they multi tasked. ‘For once, justice is served,’ the atmosphere whispered atop the sizzling of the grill.\n\nSoon, with a full belly and some alcohol in our blood, the moment of truth approached. Would they truly accept Bitcoin? Sure enough, Juan flashed a big grin when I asked, whipped out his Chivo wallet, and produced a QR code for me to scan. To my surprise, it was an on-chain nested Segwit address that began with a 3. Not discouraged, I asked for a lightning invoice, which confused Juan. It turns out, nobody had explained to him the difference, and he did not know if Chivo even had Lightning. A few taps later, however, it all worked out and I zapped him $6.05 from my Phoenix wallet.\n\n2. Like asking for a doggie bag at a Michelin restaurant\n\nEven though bitcoiners love to refer to Satoshi’s beloved invention as ‘the people’s money,’ the reality is that in most of the industrialized nations, Bitcoin has gained more footing as an investment vehicle than as something that captures the hopes and dreams of the poor and the financially marginalized. And though we are working hard to change that, and change it shall in due time, at the moment Bitcoin is mostly associated with the financial markets, tech investment proposals, venture funds and the sort.\n\nFor example, while Jack Mallers is constantly asked to speak on Bloomberg news, indicating the business community is developing a nuanced and sophisticated understanding of the issue, popular lefty outlets like DemocracyNow continue to stick to skewed and misinformed establishment narratives about Bitcoin. Nor is the media coverage the only sign of Bitcoin’s lack of purchase among the most disadvantaged. Each year, to join the biggest celebration and gathering of bitcoiners, the cheapest tickets will set you back hundreds of dollars, not including the cost of lodging and transportation. This is not a value judgment, just the reality on the ground.\n\nIn El Salvador, the equation seemed to be reversed.\n\nOur experience in the pupuseria replicated itself dozens of times during our stay in the country. From taxi drivers to stand vendors, we were able to successfully pay with Lightning quite consistently, about half of the time. But most curiously, adoption had the least penetration the more affluent the environment became.\n\nTake the example of our accommodations: we stayed at Hotel Armonia in San Salvador, and Captain Morgan Hostel by Lake Coatepeque. Both charged around $60 per night, and both accepted Lightning. In fact, I had some great banter about Bitcoin adoption with the staff at Hotel Armonia, and left a chalk note for posterity with the price of Bitcoin at Captain Morgan.\n\n[Captain Morgan Chalk Board](https://preview.redd.it/tmy0ga8euo6b1.jpg?width=3024&format=pjpg&auto=webp&v=enabled&s=58b2bc715c7ca417b52ffe08e8c24c0a433a49ee)\n\nHowever, Hotel Equinoccio, by far the most expensive place in our list at $150 per night, did not take Bitcoin payments. From a pool by the volcano lake, to private jet skies, to a perfectly manicured lawn to sunbathe in and a menu with exotic ‘detox’ drinks, this place had it all. Except Bitcoin payments. In fact, when I asked Fernando, he gave me a strained, hard to decipher look. It was not confusion, for he most decidedly knew what Bitcoin ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 on Monday morning in Asia after reclaiming the US$26,000 support level over the weekend. Ether also fell back, but held above US$1,700. \xa0XRP, Dogecoin and Litecoin were the only gainers among the top 10 non-stablecoin cryptocurrencies, while Tron’s TRX led the losers. The U.S.-based crypto exchange Bakkt reportedly joined other trading platforms in delisting Polygon, Solana and Cardano after the U.S. regulator this month labelled them illegally issued financial securities. U.S. equity markets are closed Monday for a public holiday, but they could gain in the week ahead aseconomic dataon Friday pointed to slowing inflation, while the first visit to China in almost five years by a top U.S.diplomatcould be a positive for capital markets.\nBitcoin fell 0.97% over the last 24 hours to US$26,308 at 07:00 a.m. in Hong Kong, but held onto a weekly gain of 1.58%, according todatafrom CoinMarketCap.\nThe world’s largest cryptocurrency breached the US$26,000 level on Saturday to reach a seven-day high of US$26,769. The token had slumped to three-month lows at the end of last week.\nEther edged down 0.82% to US$1,716, logging a weekly loss of 2.18%.\nWith the exception of XRP, other top 10 non-stablecoin cryptocurrencies traded lower in the past 24 hours. Polygon’s Matic led the losers, slumping 3.22% to US$0.5971 and down 5.88% over the past seven days.\nNew York-based crypto exchange Bakkt has suspended trading of Polygon, Solana and Cardano tokens and plans to delist them, according toFortuneon Friday. Trading platforms such as Robinhood and eToro have also decided todelistmultiple cryptocurrencies after the U.S. Securities and Exchange Commission (SEC) filed lawsuits this month against Coinbase and Binance.US and named a long list of cryptocurrencies as securities that were issued and sold without SEC approval.\n“Bitcoin and other cryptocurrencies were affected by increasingly changing sentiment toward crypto as traders could limit their risk-taking in the crypto market due to limited upside catalysts and particularly considering the legal risks in the US,” said Wael Makarem, senior market strategist at trading platformExness Group, in emailed comments.\n“The legal actions could scare away some investors from the market but could be relatively positive for Bitcoin’s dominance against other cryptocurrencies. In this regard, Bitcoin has also been gaining ground against Ethereum,” said Makarem.\nThe Bitcoin balance on crypto exchanges reached a three-month low of 2,281,978.198 tokens on Sunday, according to blockchain data trackerGlassnode, which reduced some selling pressure as investors normally move tokens to exchanges when they plan to sell.\nXRP logged gains for the past 24 hours, rising 1.01% to US$0.4859, but losing 6.34% for the week.\nFinTech firm Ripple Labs, whose crypto payment platform is powered by XRP, announced on Friday apartnershipwith Columbia’s central bank to explore the use of blockchain technologies in the country’s digital payment system.\nLast Friday, MakerDAO’s stablecoin Dai replaced Binance USD (BUSD) as the third largest stablecoin by market cap. BUSD has seen its market cap falling over 10% in the past seven days, after the SEC issuedcharges against Binanceon June 5, according to data fromCoinGecko.\nThe total cryptocurrency market cap dipped 0.53% to US$1.07 trillion in the last 24 hours, while crypto trading volume fell 18.47% to US$19.69 billion, according to CoinMarketCap data.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the non-fungible token (NFT) market, theForkast 500 NFT indexdipped 0.16% to 2,878.56 in the 24 hours to 09:30 a.m. in Hong Kong. The index is down 4.80% for the seven days.\nNFT sales on Ethereum fell 20.61% in the past 24 hours to US$11.06 million, according toCryptoSlamdata. Sales on the Bitcoin blockchain slid 44.71% to US$882,550.\n“Sales across Ethereum and Bitcoin continue to lose steam, and it’s hard to say when this could turn around due to uncertainty with regulations and legal matters up in the air,”saidYehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News.\nDespite the decline, Sotheby’s NFT auction sawRingers #879, an Ethereum-based NFT created by Canadian artist Dmitri Cherniak, sell for US$6.2 million on Friday, the second highest sale of a piece of generative art, or created using autonomous systems.\n“Sotheby’s auction concluded and saw $10.9m in sales, over half of which was from the Ringers grail,” said Petscher, “It’s worth noting that the supposed buyer already a major NFT trader, so this auction didn’t seem to draw attention from the traditional art world. Is it bullish still for NFT art? Yes, but there’s still always concern that the NFT ecosystem is largely an echochamber.”\nElsewhere, the U.S. sportswear giant Nike released ateaseron Saturday which appears to be an NFT collaboration with online video game Fortnite, which will be unveiled on June 20. .SWOOSH, Nike’s Web 3.0 platform that issues NFT sneakers, also announced apartnershipwith sports video game publisher EA Sports earlier this month.\n“A new innovation has reached Ethereum calledethscriptions, inspired by inscriptions on Bitcoin. This new process allows you to inscribe tiny images (under 96kb) on mostly any Ethereum transaction, thus allowing cheap on-chain image storage,” said Petscher.\n“The innovation here is the ease of storing an image on-chain, which is typically avoided in standard contract storage due to the high cost. In just a few days nearly 200ETH of secondary volume has been transacted, most from a sold out 10k collection of Ethereum Punks.”\nU.S. stock futures traded mixed as of 11:30 a.m. in Hong Kong. Dow Jones Industrial Average futures dipped 0.10%, the S&P 500 inched up 0.01%, while Nasdaq futures added 0.16%. The U.S. stock market is closed Monday for a public holiday and will open on Tuesday.\nThe three major U.S. stock indexes all closed lower on Friday but logged gains for the week, as investors sorted through mixed signals from economic data and comments from Federal Reserve officials on Friday.\nAsurveyby the University of Michigan on Friday showed consumers expect annual inflation of 3.3% over the next year, the lowest since March 2021, but still above the Federal Reserve’s goal of annual inflation below 2%.\nFederal Reserve GovernorChristopher Wallerand Richmond Federal Reserve Bank PresidentThomas Barkinsaid on Friday that more interest rate hikes might be required to fight inflation.\n“We’re seeing policy rates having some effects on parts of the economy. The labor market is still strong, but core-kind of inflation is just not moving and that’s going to require probably some more tightening to try to get that going down,” said Waller in his Friday speech.\nThe Federal Reserve will meet on July 26 to make its next move on interest rates, which are now between 5 and 5.25%, the highest since 2006. TheCME FedWatch Toolpredicts a 28.1% chance the Fed will keep rates unchanged in July, and a 71.9% chance for another 25-basis-point rate hike.\nMeanwhile in China, analysts expect the country’s central bank to make a 10 basis-point cut to its one-year and five-year loan prime rates on Tuesday, lowering the rates to 3.55% and 4.20% as the country struggles with a slow post-Covid recovery, according toReuterson Monday.\n(Updates with equities section.)', 'Bitcoin dipped on Monday morning in Asia after reclaiming the US$26,000 support level over the weekend. Ether also fell back, but held above US$1,700. \xa0XRP, Dogecoin and Litecoin were the only gainers among the top 10 non-stablecoin cryptocurrencies, while Tron\x92s TRX led the losers. The U.S.-based crypto exchange Bakkt reportedly joined other trading platforms in delisting Polygon, Solana and Cardano after the U.S. regulator this month labelled them illegally issued financial securities. U.S. equity markets are closed Monday for a public holiday, but they could gain in the week ahead as economic data on Friday pointed to slowing inflation, while the first visit to China in almost five years by a top U.S. diplomat could be a positive for capital markets. Bitcoin, Ether dip; XRP rises Bitcoin fell 0.97% over the last 24 hours to US$26,308 at 07:00 a.m. in Hong Kong, but held onto a weekly gain of 1.58%, according to data from CoinMarketCap. The world\x92s largest cryptocurrency breached the US$26,000 level on Saturday to reach a seven-day high of US$26,769. The token had slumped to three-month lows at the end of last week. Ether edged down 0.82% to US$1,716, logging a weekly loss of 2.18%. With the exception of XRP, other top 10 non-stablecoin cryptocurrencies traded lower in the past 24 hours. Polygon\x92s Matic led the losers, slumping 3.22% to US$0.5971 and down 5.88% over the past seven days. New York-based crypto exchange Bakkt has suspended trading of Polygon, Solana and Cardano tokens and plans to delist them, according to Fortune on Friday. Trading platforms such as Robinhood and eToro have also decided to delist multiple cryptocurrencies after the U.S. Securities and Exchange Commission (SEC) filed lawsuits this month against Coinbase and Binance.US and named a long list of cryptocurrencies as securities that were issued and sold without SEC approval. \x93Bitcoin and other cryptocurrencies were affected by increasingly changing sentiment toward crypto as traders could limit their risk-taking in the crypto market due to limited upside catalysts and particularly considering the legal risks in the US,\x94 said Wael Makarem, senior market strategist at trading platform Exness Group , in emailed comments. Story continues \x93The legal actions could scare away some investors from the market but could be relatively positive for Bitcoin\x92s dominance against other cryptocurrencies. In this regard, Bitcoin has also been gaining Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-19 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $513,280,369,519 - Hash Rate: 369534333.3997841 - Transaction Count: 415604.0 - Unique Addresses: 614017.0 Social & AI Sentiment: - Fear & Greed Index: 0.47 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: By Jody Godoy June 7 (Reuters) - Determining whether digital tokens are securities will be central to the high-stakes case brought by U.S. regulators alleging crypto platform Coinbase violated the law by failing to register as a securities exchange, broker and clearing agency. WHAT IS THE SEC ALLEGING? The Securities and Exchange Commission (SEC) sued Coinbase on Tuesday in Manhattan federal court and accused the largest U.S. cryptocurrency platform of operating illegally by evading disclosure requirements. The SEC said Coinbase allowed users to trade at least 13 crypto assets that should have been registered as securities, including tokens such as Solana, Cardano and Polygon. The regulator is seeking financial penalties and wants a judge to order Coinbase to follow U.S. securities law. The SEC has brought more than a hundred enforcement actions in the past decade claiming various cryptocurrencies are securities, but the Coinbase case will be the biggest test yet of the regulator's jurisdiction over the industry. The regulator this week also sued Binance, claiming the world's largest crypto exchange engaged in "an elaborate scheme to evade U.S. federal securities laws." Coinbase has denied listing any securities. Binance has called the case disappointing and said it plans to defend against the claims. Coinbase and other industry players have been adamant that cryptocurrencies - which operate on a database shared across a network of computers, known as a blockchain - do not fit the definition of securities under U.S. law. WHAT IS A 'SECURITY' UNDER U.S. LAW? To argue that crypto assets are securities, the SEC has relied on a U.S. Supreme Court case from 1946. The case dealt with investors in Florida orange groves owned by the W. J. Howey Co. The court ruled that "an investment of money in a common enterprise with profits to come solely from the efforts of others," is a kind of security called an investment contract. The SEC had jurisdiction to seek to prevent Howey from selling to out-of-state investors fractional land interests with a contract to provide profit from the harvest, the court said. Securities, as opposed to other assets such as commodities, are strictly regulated and require detailed disclosures to inform investors of potential risks. WHAT MAKES A CRYPTO ASSET A SECURITY? Many of the SEC's crypto-related cases have ended in settlements, with companies paying fines and agreeing to follow U.S. law. In some cases, this has meant exiting the U.S. market or closing a cryptocurrency project. In the few cases that have been decided in court, judges have agreed with the SEC that specific crypto assets are securities. Those rulings said developers' statements tying the value of their digital assets to efforts to grow or maintain the associated blockchain systems showed that investor profits depended on the "efforts of others." Courts have also decided that investors in those assets participated in a "common enterprise" because the funds they spent were pooled by the token issuer and used to develop relevant systems. The SEC's case against Ripple Labs over XRP, currently the world's six-largest cryptocurrency, is likely to be the next case decided. Ripple has said there was no common enterprise, since the blockchain associated with the cryptocurrency was fully operational before XRP was ever sold. WHAT ABOUT BITCOIN? Bitcoin is not considered a security because its anonymous and open-source origins mean investor profits are not dependent on the efforts of developers or managers, said Carol Goforth, a law professor at the University of Arkansas. Some blockchain projects have tried to fund their operations in two stages, by offering securities under SEC regulations and later giving or selling those investors cryptocurrency after building a functional blockchain. Goforth said the developers hoped that approach would remove the "comment enterprise" element but she added the SEC has never clarified what it would take to convert a security to a non-security. HOW WILL THE COINBASE CASE UNFOLD? Coinbase CEO Brian Armstrong said on Twitter after the lawsuit was filed that the company is "proud to represent the industry in court to finally get some clarity around crypto rules." But a ruling on the central issue could take years. The Ripple case, which involves only one cryptocurrency, has taken two-and-a-half years to reach the point where a ruling is possible. The SEC has alleged in the Coinbase case that 13 different digital assets sold on the platform are securities. (Reporting by Jody Godoy in New York Editing by Nick Zieminski)... - 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: BTC was trading at $26.8K, but Oanda Senior Market Analyst Craig Erlam is skeptical that bitcoin\'s price will rise significantly in the months ahead amid uncertain industry and economic news. Insights: A number of crypto exchanges feature market makers. Do they create conflicts of interest? An FT story looks at Crypto.com\'s market maker. Prices CoinDesk Market Index (CMI) 1,120 +12.6 ▲ 1.1% Bitcoin (BTC) $26,816 +440.3 ▲ 1.7% Ethereum (ETH) $1,736 +11.5 ▲ 0.7% S&P 500 4,409.59 −16.3 ▼ 0.4% Gold $1,963 +4.8 ▲ 0.2% Nikkei 225 33,370.42 −335.7 ▼ 1.0% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,120 +12.6 ▲ 1.1% Bitcoin (BTC) $26,816 +440.3 ▲ 1.7% Ethereum (ETH) $1,736 +11.5 ▲ 0.7% S&P 500 4,409.59 −16.3 ▼ 0.4% Gold $1,963 +4.8 ▲ 0.2% Nikkei 225 33,370.42 −335.7 ▼ 1.0% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) BlackRock has Buoyed the Market, but Bitcoin \'Looks Vulnerable\' Both bitcoin and ether are beginning the Asia trading day in the green, with the world’s largest digital asset up 1.7% to $26,816 while ether is up 0.7% to $1,736. While the market remains optimistic that BlackRock will be successful with its application for a bitcoin spot exchange-traded fund, Craig Erlam, a Senior Market Analyst with OANDA, said in a note that bitcoin still looks “vulnerable”. “Bitcoin ended last week quite positively after dropping to three-month lows on Wednesday, but it continues to look vulnerable to further declines,” Erlam said. “The two-month trend is not in its favour, and the news flow isn\'t exactly helping the situation either. It\'s had a remarkable year and remains more than 50% higher, so it\'s hardly a dire situation.” Erlam still thinks there’s a bull case for bitcoin, it just hasn’t been realized yet. The recent downturns, he argues, are simply a correction phase within an overall optimistic bull market. Story continues “However, there\'s little evidence indicating any imminent improvement, especially considering the Securities and Exchange Commission\'s intensifying scrutiny of major exchanges,” he concluded. Biggest Gainers Asset Ticker Returns DACS Sector Solana SOL +4.3% Smart Contract Platform Polygon MATIC +3.1% Smart Contract Platform Bitcoin BTC +1.8% Currency Biggest Losers Asset Ticker Returns DACS Sector Chainlink LINK −0.6% Computing Polkadot DOT −0.1% Smart Contract Platform Insights Should Crypto Exchanges Have Market Makers? Crypto.com has joined the club of crypto exchanges that operate an internal market maker, the Financial Times reported Monday . Market makers are entities that use their own capital to facilitate the trade of tokens on exchanges by taking the counter position on a trade, allowing investors to rapidly exit positions without a counterparty at the other end. If exchanges didn’t have market makers, their liquidity would be considerably thinner on all but the largest tokens. “We have an internal market maker that operates on the Crypto.com exchange, and that internal market maker is treated exactly the same as third-party market makers that identically facilitate tight spreads and efficient markets on our platform,” the company told the FT. “This is not a controversial practice.” In the world of Decentralized Finance (DeFi), automated market makers are what allow platforms like Uniswap to exist. By their nature, most crypto exchanges operate internal market makers. Famously, Binance has Sigma Chain and Merit Peak ,which have been in the news recently. Disgraced FTX, had Alameda. Coinbase denies that it runs one. Participants on the platform, including market makers, are treated equally,” Crypto.com also told the FT. “[The exchange] does not rely on proprietary trading as a source of revenue”. Without having an internal market maker, it simply wouldn’t be profitable – or even perhaps possible – to list smaller cap tokens and expect a market to form around them. There just won’t be enough activity to quickly match buyers and sellers, making the bid depth unappealing to traders. Some exchanges instead choose to allow external market makers to operate on their platform. Bullish, for instance, uses B2C2, as an example . Operating internal market makers raises lots of possibilities for allegations of conflict of interest. Alameda was an investor in many of the tokens it traded as a market maker. Allegations that Sigma Chain or Merit Peak manipulates markets have yet to be proven in court. Of course, this isn’t a great look for the industry. But it’s just how it works. So many r etail equity trades operate in the same way – it\'s just how the industry works. DeFi’s automated market makers perhaps are a better option, as they are algorithmic and open source, but even these can be accused of bias. If Crypto.com really lied to outside parties, as the FT claims, about its market-making operations, then that’s a story. But as it stands, and as it said in its rebuttals to the FT’s questions, it’s just doing what everyone else does. Poor optics, yes, but welcome to crypto. Important events. 9:15 a.m. HKT/SGT(1:15 a.m. UTC): The People\'s Bank of China interest rate decision 9:35 a.m. HKT/SGT(1:35 a.m. UTC): Speech by Reserve Bank of Australia Assistant Governor Christopher Kent 8:30 p.m. H1HKT/SGT(12:30 p.m. UTC): U.S. Housing Starts (May) CoinDesk TV In case you missed it, here is the most recent episode of "The Hash" on CoinDesk TV : Abra Insolvent for Months: Regulators; Tether’s Banking Relationships Detailed in Legal Documents "The Hash" hosts unpack today\'s top stories: Binance\'s French unit undergoes investigation by local authorities for the "illegal" provision of digital asset services and "acts of aggravated money laundering". The exchange is also leaving the Netherlands after failing to acquire a license from the Dutch regulator. Separately, crypto lender Abra has been insolvent since at least March 31, 2023, state securities regulators alleged on Thursday. Plus, new documents obtained by CoinDesk under a Freedom of Information Law request, offer a rare but limited window into the reserves behind USDT. And, the latest on former President Donald Trump\'s NFT project. Headlines Do Kwon Sentenced to 4 Months Jail in Montenegro Document Forgery Case: The court has also ordered the confiscation of two Costa Rican passports, two Belgian passports and two identity cards belonging to Kwon and Terra executive Han Chang-Joon. Hinman Documents Release in SEC-Ripple Case Is a Boost to Ether: JPMorgan: The documents are likely to intensify the move among major cryptocurrencies to become more decentralized and look more like ether, the report said. Ethereum Developers Propose Raising Validator Limit to 2,048 Ether From 32 Ether: Low validator limits have led to waiting times of over one month, as of Monday. Meme Coin BOB Tanks 45% After Elon Musk Calls its Twitter Bot Account a \'Scam\': Musk had previously engaged with the Bob token bot several times, aiding a value rise. UK Crypto, Stablecoin Laws Approved by Parliament\'s Upper House: The Financial Services and Markets Bill stands to recognize crypto as a regulated activity and stablecoins as a means of payment under existing laws.', 'Good morning. Here’s what’s happening:\nPrices:BTC was trading at $26.8K, but Oanda Senior Market Analyst Craig Erlam is skeptical that bitcoin\'s price will rise significantly in the months ahead amid uncertain industry and economic news.\nInsights:A number of crypto exchanges feature market makers. Do they create conflicts of interest? An FT story looks at Crypto.com\'s market maker.\nCoinDesk Market Index (CMI)\n1,120\n+12.6▲1.1%\nBitcoin (BTC)\n$26,816\n+440.3▲1.7%\nEthereum (ETH)\n$1,736\n+11.5▲0.7%\nS&P 500\n4,409.59\n−16.3▼0.4%\nGold\n$1,963\n+4.8▲0.2%\nNikkei 225\n33,370.42\n−335.7▼1.0%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,120", "+12.6\\u25b21.1%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$26,816", "+440.3\\u25b21.7%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,736", "+11.5\\u25b20.7%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,409.59", "\\u221216.3\\u25bc0.4%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,963", "+4.8\\u25b20.2%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["33,370.42", "\\u2212335.7\\u25bc1.0%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nBlackRock has Buoyed the Market, but Bitcoin \'Looks Vulnerable\'\nBoth bitcoin and ether are beginning the Asia trading day in the green, with the world’s largest digital asset up 1.7% to $26,816 while ether is up 0.7% to $1,736.\nWhile themarket remains optimisticthat BlackRock will be successful with its application for a bitcoin spot exchange-traded fund, Craig Erlam, a Senior Market Analyst with OANDA, said in a note that bitcoin still looks “vulnerable”.\n“Bitcoin ended last week quite positively after dropping to three-month lows on Wednesday, but it continues to look vulnerable to further declines,” Erlam said. “The two-month trend is not in its favour, and the news flow isn\'t exactly helping the situation either. It\'s had a remarkable year and remains more than 50% higher, so it\'s hardly a dire situation.”\nErlam still thinks there’s a bull case for bitcoin, it just hasn’t been realized yet.\nThe recent downturns, he argues, are simply a correction phase within an overall optimistic bull market.\n“However, there\'s little evidence indicating any imminent improvement, especially considering the Securities and Exchange Commission\'s intensifying scrutiny of major exchanges,” he concluded.\n[{"Asset": "Solana", "Ticker": "SOL", "Returns": "+4.3%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Polygon", "Ticker": "MATIC", "Returns": "+3.1%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Bitcoin", "Ticker": "BTC", "Returns": "+1.8%", "DACS Sector": "Currency"}]\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: 2023-06-20 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $520,500,601,125 - Hash Rate: 353920206.636413 - Transaction Count: 447715.0 - Unique Addresses: 746599.0 Social & AI Sentiment: - Fear & Greed Index: 0.49 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: DRIPPING SPRINGS, TX --News Direct-- Code Green Apparel Corp. Code Green Apparel Corp. (OTC: CGAC), a Bitcoin mining company, announces the successful $894,325 purchase of 412 Antminer S19 Pro+ (Bitcoin miners) machines, bringing CGACs total fleet of miners to cumulative 517 miners. The 412 Antminer S19 Pro+ will begin production in two weeks. CGAC used funds in the private sale of a first tranche of secured promissory notes, with a maximum possible funding of $5,000,000. Logan Rice, CGACs CEO, stated, We are thrilled to unveil the initial results of our recently established finance program aimed at expanding our fleet of machines. This initial phase of our funding program aims to raise $5,000,000 in long-term debt. The financing package will include issuing restricted shares for no more than 4.99% of our stock. Mr. Rice continued, The company is dedicated to protecting its treasury and will issue shares sensibly to capitalize on the fleet of machines we plan to build. This move reflects Code Green's commitment to growth and expansion in the industry while maintaining responsible financial practices. CGAC has partnered with ASICMiners.us and Liquid Immersion Worldwide, Inc., wholly owned subsidiaries of Bit Frontier Capital Holdings (OTC: BFCH), to increase production of the Antminer S19 Pro+ by 50%. This arrangement will allow CGAC to overclock these machines in a specially engineered Liquid Immersion tank produced by Liquid Immersion Worldwide, Inc. "The purchase of these Antminer S19 Pro+ machines also represent a strategic move for us, as the Liquid Immersion will allow us to increase our production capabilities significantly, resulting in higher operating efficiency, a better rate of return, and, as we stay true to our commitment to low overhead, a better chance for our shareholders to receive cash dividends, which is out stated objective," added Mr. Rice The Antminer S19 Pro+ is one of the most reliable Bitcoin mining machines available, producing a stock 122 t/h out of the box. With this strategic partnership, CGAC is poised to increase its Bitcoin mining capabilities and profitability significantly. Story continues About CGAC: Code Green Apparel Corp. is a Bitcoin mining company uniquely positioned within the OTC space. CGAC will treat its mined Bitcoin as a traditional commodity, like a gold mining company. CGAC will mine Bitcoin, then sell the mined Bitcoin for cash, and (3) regularly declare and distribute dividends concerning Available Cash (established by our Board of Directors) To our shareholders. CGACs primary business objective is to continually increase its Bitcoin mining capacity and increase cash available for distribution as a dividend to its shareholders. CGAC completa la compra de $894,325 de 412 mineros de Bitcoin, Operaciones mineras en marcha Forward-Looking Statements: This current press release contains forward-looking statements, as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future, including but not limited to any products sold or cash flow from operations. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with distribution and difficulties associated with obtaining financing on acceptable terms. These forward-looking statements are made as of the date of this news release. We assume no obligation to update the forward-looking statements or the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations, or intentions will prove accurate. Investors should consult all of the information set forth herein. They should also refer to our most recent annual report for our last fiscal year, quarterly reports, and other periodic reports filed occasionally with the Securities and Exchange Commission. Contact: Name: Logan William Rice Title Chief Executive Officer Telephone 612-889-2418 Website: https://www.thenewcgac.co Twitter: @thenew_cgac Instagram: @TheNewCGAC Email Address: [email protected] SOURCE: Code Green Apparel Corp. Contact Details Code Green Apparel Corp. [email protected] View source version on newsdirect.com: https://newsdirect.com/news/cgac-completes-894-325-purchase-of-412-bitcoin-miners-mining-operations-underway-576807221... - Reddit Posts (Sample): [['u/kl_Jewbacca', 'Is this some type of scam?', 12, '2023-06-20 00:46', 'https://www.reddit.com/r/ethereum/comments/14dtbi7/is_this_some_type_of_scam/', "So I've been texting this person online... they sent me a code for a wallet with about $90k on it. It's classified as a watch-only wallet on the Trust Wallet app, and it has a transaction history dating back to 2019.\n\nNow they're telling me I can take 30%. They want me to go to a bitcoin machine for a transfer. They said they'll give me a barcode.\n\nHas anyone encountered a scam like this before? It seems way too good to be true...", 'https://www.reddit.com/r/ethereum/comments/14dtbi7/is_this_some_type_of_scam/', '14dtbi7', [['u/Fresh_Asparagus7043', 17, '2023-06-20 01:04', 'https://www.reddit.com/r/ethereum/comments/14dtbi7/is_this_some_type_of_scam/jorjmdy/', 'Yes, common scam', '14dtbi7'], ['u/Lemons81', 13, '2023-06-20 01:26', 'https://www.reddit.com/r/ethereum/comments/14dtbi7/is_this_some_type_of_scam/jormeem/', 'Nigerian prince scam, at some point they’ll ask you money in order to pay for the transaction or to unlock the funds. Usually that is the last step.\n\nOr they’ll ask you for a seed/private key in case you do own a wallet.', '14dtbi7'], ['u/crodbtc', 22, '2023-06-20 01:38', 'https://www.reddit.com/r/ethereum/comments/14dtbi7/is_this_some_type_of_scam/jornvc3/', 'You literally said it right there "it seems too good to be true" \n\nUltimate flag to stay away!', '14dtbi7'], ['u/monkeyhold99', 14, '2023-06-20 02:42', 'https://www.reddit.com/r/ethereum/comments/14dtbi7/is_this_some_type_of_scam/jorvrya/', 'No shit it’s a scam. Lol if you need to ask about this you are in way over your head man', '14dtbi7']]], ['u/capitalzanon', 'Settling Down', 12, '2023-06-20 03:02', 'https://www.reddit.com/r/TJRedLightDistrict/comments/14dwhvj/settling_down/', 'I understand TJ is fun but what’s the game plan for settling down, part of me is kinda tired of just cycling through these HK btches and wondering what’s next', 'https://www.reddit.com/r/TJRedLightDistrict/comments/14dwhvj/settling_down/', '14dwhvj', [['u/dav3c1', 20, '2023-06-20 03:25', 'https://www.reddit.com/r/TJRedLightDistrict/comments/14dwhvj/settling_down/jos0zle/', "Only simps settle down. I'm settling up.", '14dwhvj'], ['u/Extension-World-7041', 17, '2023-06-20 03:31', 'https://www.reddit.com/r/TJRedLightDistrict/comments/14dwhvj/settling_down/jos1nat/', 'Word of advice. Do it before you reach 50 and need to start popping pills...for everything. Not attractive to the opposite sex.', '14dwhvj'], ['u/CesarMagiscar91', 15, '2023-06-20 04:55', 'https://www.reddit.com/r/TJRedLightDistrict/comments/14dwhvj/settling_down/josbd45/', 'I been doing it for like four years and it’s kinda dying out for me. Idk why. If my friends go I’ll tag along and get one or two. But not dying to go like before. I’m 34.', '14dwhvj'], ['u/No_Philosophy2007', 21, '2023-06-20 06:54', 'https://www.reddit.com/r/TJRedLightDistrict/comments/14dwhvj/settling_down/josn9bh/', 'Dawg who is paying for advice from a guy on a subreddit for sharing whore strategies', '14dwhvj'], ['u/glam_girls', 16, '2023-06-20 07:31', 'https://www.reddit.com/r/TJRedLightDistrict/comments/14dwhvj/settling_down/josqdle/', 'Give it up. Once you have easy pussy you can’t settle down. Even when at times I’m so sick of the meaningless sex. I always find myself returning. I have found that having 4 or five regulars that come to my place satisfies my need for companionship. I will never have a family but I’m happy banging 20 year olds also.', '14dwhvj'], ['u/sq314', 13, '2023-06-20 08:10', 'https://www.reddit.com/r/TJRedLightDistrict/comments/14dwhvj/settling_down/jostjsr/', 'Then mongering isnt for you bud. Date a religious/ church girl? I mean there’s a church in between Hk and Adelitas.', '14dwhvj']]], ['u/Acrobatic-Monitor516', "Please do note upvote shameless reposts . And check for poster's karma", 47, '2023-06-20 04:30', 'https://www.reddit.com/r/confusingperspective/comments/14dyfk4/please_do_note_upvote_shameless_reposts_and_check/', "Fucking fed up with the amount of reposts or people who do not understand the purpose of this sub \n\nPlease , for the sake of everyone in this sub, do not upvote a post that either doesn't fit the sub, or is a repost .\n\nUsually these are bots who want to get some sweet karma to further invade other subs and fuck people over with fake bitcoins, tee shirts, and onlyfans. So if the poster has very low karma (and 90%+ of it being posts) , DOWNVOTE that shit , nay report it if you have the patience \n\nThere are also actual people reposting , but that's another issue \n\nThanks ! \n\nBut after all maybe we should just reddit turn even more into garbage .idk.", 'https://www.reddit.com/r/confusingperspective/comments/14dyfk4/please_do_note_upvote_shameless_reposts_and_check/', '14dyfk4', [['u/Vinnie1103', 14, '2023-06-20 05:14', 'https://www.reddit.com/r/confusingperspective/comments/14dyfk4/please_do_note_upvote_shameless_reposts_and_check/josdi3p/', 'I think this post is a repost. Don’t upvote it.', '14dyfk4'], ['u/Acrobatic-Monitor516', 11, '2023-06-20 05:15', 'https://www.reddit.com/r/confusingperspective/comments/14dyfk4/please_do_note_upvote_shameless_reposts_and_check/josdk8v/', "damn , I'm caught", '14dyfk4'], ['u/Acrobatic-Monitor516', 16, '2023-06-20 05:17', 'https://www.reddit.com/r/confusingperspective/comments/14dyfk4/please_do_note_upvote_shameless_reposts_and_check/josdsvq/', 'want some feet pics btw ? or maybe a tee shirt, they are quite cheap \n\n\nalso PM me if you need any help for bitcoin investments', '14dyfk4']]], ['u/VampireVlad', '10 Reasons You Should Run Your Own Full Bitcoin Node', 61, '2023-06-20 04:30', 'https://www.reddit.com/r/Bitcoin/comments/14dyg4b/10_reasons_you_should_run_your_own_full_bitcoin/', "Hi, guys!\n\n\n\nI just published a new article that's meant to explain 10 of the main reasons why you should take action and run your own full node. You're not only helping the network, but you help yourself by becoming fully sovereign and removing trusted third parties that store your xpub and IP address.\n\n\n\nHere's the complete write-up. Hope you're going to like it: [https://bitcoin-takeover.com/10-reasons-you-should-run-your-own-bitcoin-full-node/](https://bitcoin-takeover.com/10-reasons-you-should-run-your-own-bitcoin-full-node/)", 'https://www.reddit.com/r/Bitcoin/comments/14dyg4b/10_reasons_you_should_run_your_own_full_bitcoin/', '14dyg4b', [['u/cryptogrubber', 12, '2023-06-20 10:02', 'https://www.reddit.com/r/Bitcoin/comments/14dyg4b/10_reasons_you_should_run_your_own_full_bitcoin/jot1rm2/', 'I found the rasberry to be more expensive than a used mini PC, so I chose the cheaper option', '14dyg4b']]], ['u/pandorasbox553', 'Warning: Be Cautious of Remote Jobs', 48, '2023-06-20 05:26', 'https://www.reddit.com/r/VancouverJobs/comments/14dzmih/warning_be_cautious_of_remote_jobs/', 'I\'m here to raise awareness and be vigilant when looking and applying for a job online especially remote job position. I want to put this out to help people because I just became a victim of online money laundering scam which compromise my personal information and identity plus my bank account suffered from it.\n\nSo I found this remote job on Indeed.ca a few weeks ago. The company name is C2C Canada Technologies (fake company) Since I\'m too desperate to get a job, I didn\'t take a serious look over it and just get on with it. I go over it without researching more and I figured it could be legitimate company because they have a professional looking website and there\'s employee photos and so on.\n\nThe position is called "Customer Chat representative" which I will be working as sales person promoting their company and will be using crypocurrency as a form of payment for virtual sales services.\n\nThe company is base in Ottawa which is couple of hours advance in time zone from where I am. I got an email and an offer and took the chance to follow though.\n\nAfter I added the so called HR on Telegram, she told me that I need to create an account via Kraken in order for me to have company bitcoin wallet to use. Which they will deposit "corporate funds" into my bank account as e-transfer. She told me that I need to deposit this corporate funds into Kraken account and turn them into Bitcoins.\n\nSince I never heard about this scheme before and its unfamiliar to me, I follow what was instructed. They deposited $3000 into my bank account and asked me to go to Canada Post to deposit for the purpose of turning this $3000 into cryptocurrency on Kraken. She told me this is part of my first task of the day.\n\nShe asked me on how to deposit the funds sending me links to follow so I did. So on I went to Canada Post and made deposit using the $3000 they sent me and using my debit card as well. I did 4 transactions and the 5th one caused my card to be blocked because of my card daily limits. \n\nI called my bank institution about unblocking my card so I can do more deposits and they told me that I need to go to my main bank branch because they think I been scammed. Then there I was got really frustrated about my stupidity and I spoke to one of bank teller and she told me that to never trust someone you don\'t know especially accepting money because it\'s a form of scam. She told me to stop talking to that HR on Telegram.\n\nSo here I am blaming myself. I should have known better, but It\'s too late. I already gave out my drivers license to that scammer and my identity could be use for potential scams. Plus my bank is now frozen and restricted. My bank told me it may be harder to fix since there\'s money that I transferred that they didn\'t know where it came from. Also, i may now could have overdraft in my bank account which I might owe money.\n\nThe worst part is that I\'m being threaten by the scammer because I blocked her from Telegram due to the advice of my bank institution and the scammer also sent... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Investing.com -- Most Asian currencies fell on Wednesday, while the dollar steadied from recent losses as markets hunkered down before more cues on monetary policy from Federal Reserve Chair Jerome Powell later in the day. Powell is set to testify before Congress later in the day, potentially offering more cues on the path of U.S. interest rates after somewhat mixed signals from a Fed meeting last week. While the bank paused its rate hike cycle, it flagged a higher peak interest rate this year, potentially heralding more increases in rates. This kept investors uncertain over what Powell may signal in his testimony, drawing some flows into the dollar on the potential for a hawkish outlook. The dollar index and dollar index futures rose slightly in Asian trade after logging some gains earlier this week. Chinese yuan hits near 7-month low after rate cut The Chinese yuan continued to lag its regional peers, sinking 0.2% to a near seven-month low of 7.1939 against the dollar after the People’s Bank of China cut its key loan prime rate on Tuesday. The PBOC cut its 1-year and 5-year LPR by 10 basis points each. The cut was the PBOC’s first such move in 10 months, and comes as Beijing struggles to shore up a slowing local economic rebound. While the move is expected to help support economic growth, it bodes poorly for the yuan, as rising interest rates in the rest of the globe diminish the currency’s appeal. The cut in the 5-year LPR also disappointed some traders hoping for a bigger reduction, given that the rate is used to peg mortgage prices and is closely tied to the Chinese property market. U.S. rate-hike fears dent broader Asian currencies Most other Asian units fell as markets feared any more hawkish signals from Powell later in the day, which could herald higher U.S. interest rates. The South Korean won lost 0.3%, while the Indian rupee fell 0.1%. The Australian dollar was among the few outliers for the day, rising 0.1% after steep losses in the prior session. Story continues The Japanese yen fell 0.1%, trading close to seven-month lows amid more signals from the Bank of Japan that it will maintain its ultra-loose monetary policy for longer. The minutes of the BOJ’s April meeting showed that nine out of 10 board members planned to keep the policy on hold, while comments from BOJ officials reiterated this stance on Wednesday. Related Articles Asia FX dips, dollar steadies as Powell testimony looms Yuan falters, dollar firm ahead of Powell testimony Bitcoin rises 5.1% at $28,211', 'Investing.com -- Most Asian currencies fell on Wednesday, while the dollar steadied from recent losses as markets hunkered down before more cues on monetary policy from Federal Reserve Chair Jerome Powell later in the day. Powell is set to testify before Congress later in the day, potentially offering more cues on the path of U.S. interest rates after somewhat mixed signals from a Fed meeting last week. While the bank paused its rate hike cycle, it flagged a higher peak interest rate this year, potentially heralding more increases in rates. This kept investors uncertain over what Powell may signal in his testimony, drawing some flows into the dollar on the potential for a hawkish outlook. The dollar index and dollar index futures rose slightly in Asian trade after logging some gains earlier this week. Chinese yuan hits near 7-month low after rate cut The Chinese yuan continued to lag its regional peers, sinking 0.2% to a near seven-month low of 7.1939 against the dollar after the People’s Bank of China cut its key loan prime rate on Tuesday. The PBOC cut its 1-year and 5-year LPR by 10 basis points each. The cut was the PBOC’s first such move in 10 months, and comes as Beijing struggles to shore up a slowing local economic rebound. While the move is expected to help support economic growth, it bodes poorly for the yuan, as rising interest rates in the rest of the globe diminish the currency’s appeal. The cut in the 5-year LPR also disappointed some traders hoping for a bigger reduction, given that the rate is used to peg mortgage prices and is closely tied to the Chinese property market. U.S. rate-hike fears dent broader Asian currencies Most other Asian units fell as markets feared any more hawkish signals from Powell later in the day, which could herald higher U.S. interest rates. The South Korean won lost 0.3%, while the Indian rupee fell 0.1%. The Australian dollar was among the few outliers for the day, rising 0.1% after steep losses in the prior session. Story continues The Japanese yen fell 0.1%, trading close to seven-month lows amid more signals from the Bank of Japan that it will maintain its ultra-loose monetary policy for longer. The minutes of the BOJ’s April meeting showed that nine out of 10 board members planned to keep the policy on hold, while comments from BOJ officials reiterated this stance on Wednesday. Related Articles Asia FX dips, dollar steadies as Powell testimony looms Yuan falters, dollar firm ahead of Powell testimony Bitcoin rises 5.1% at $28,211', '* U.S. housing starts surge; dollar drifts higher * Traders await UK CPI and Powell testimony By Tom Westbrook SINGAPORE, June 21 (Reuters) - The U.S. dollar was firm in Asia trade on Wednesday following surprisingly strong U.S. housing data, while the yuan and Aussie dollar nursed losses and focus turned to Federal Reserve Chair Jerome Powell\'s appearance before Congress later in the day. Single family housing starts surged 21.7% in May against expectations they\'d be more or less flat. Traders discounted it somewhat since the jump wasn\'t led by a leap in permits, but it still gave the dollar a boost ahead of Powell\'s testimony. The greenback was marginally stronger at $1.0916 per euro overnight and steady early in the Asia session. The yen was also firm at 140.50 per dollar ahead of an appearance by Bank of Japan Governor Kazuo Ueda on Wednesday. The Aussie and yuan were Tuesday\'s largest losers and were in no mood for a bounce early on Wednesday. China had cut rates by less than expected and while its post-COVID recovery stalls, hoped-for major stimulus is yet to arrive. The yuan fell about 0.3% overnight and in offshore trade early on Wednesday the currency was pinned at 7.1826 per dollar, near a seven-month low. With China\'s Premier Li Qiang abroad in Europe, traders see an imminent announcement of further stimulus as unlikely. The Aussie had taken a further beating thanks to Tuesday\'s less-hawkish-than-expected central bank minutes following this month\'s rate hike. It fell 0.9% overnight and last bought $0.6790. "The path of least resistance is further declines," said Commonwealth Bank of Australia strategist Joe Capurso. "The Aussie could dip below 0.6700 this week, particularly if Powell is hawkish," he said. Powell is due to begin his testimony at 1400 GMT. The New Zealand dollar was dragged lower in sympathy, breaking below its 50-day moving average before steadying just above its 200-day moving average at $0.6168. Story continues It is under pressure after the central bank flagged it was finished with hikes, while data showed the economy in recession. "From here we see further stagnation in growth," said Mieneke Perniskie, a currency trader at Kiwibank in Wellington. "Our pick is that the kiwi will head towards the $0.57 level before the year is out, but it won’t be in a straight line," she said. "First off the bat we will need to crack the $0.59 level. That may only be a matter of weeks away." Elsewhere sterling recovered some of its overnight drop to sit at $1.2760. British inflation data is due later in the day with economists hoping for signs its easing. The data is likely to be decisive for the Bank of England, which meets on Thursday with markets currently pricing about a 3/4 chance of a 25 bp hike and a 1/4 chance of a 50 bp hike. "Sterling may halt the current reversal (if) expectations are reshaped, with the pair potentially jumping back above 1.28 and re-testing last week\'s resistance at 1.2847," said Daniela Hathorn, analyst at Capital.com. The U.S. dollar index was steady at 102.55. Bitcoin jumped 5% overnight to break over $28,000 for the first time since late May, helped by the launch of a new crypto exchange backed by Fidelity, Citadel Securites and Charles Schwab. (Reporting by Tom Westbrook)', '\nU.S. housing starts surge; dollar drifts higher\n\nTraders await UK CPI and Powell testimony\nBy Tom Westbrook\nSINGAPORE, June 21 (Reuters) - The U.S. dollar was firm in Asia trade on Wednesday following surprisingly strong U.S. housing data, while the yuan and Aussie dollar nursed losses and focus turned to Federal Reserve Chair Jerome Powell\'s appearance before Congress later in the day.\nSingle family housing starts surged 21.7% in May against expectations they\'d be more or less flat. Traders discounted it somewhat since the jump wasn\'t led by a leap in permits, but it still gave the dollar a boost ahead of Powell\'s testimony.\nThe greenback was marginally stronger at $1.0916 per euro overnight and steady early in the Asia session. The yen was also firm at 140.50 per dollar ahead of an appearance by Bank of Japan Governor Kazuo Ueda on Wednesday.\nThe Aussie and yuan were Tuesday\'s largest losers and were in no mood for a bounce early on Wednesday. China had cut rates by less than expected and while its post-COVID recovery stalls, hoped-for major stimulus is yet to arrive.\nThe yuan fell about 0.3% overnight and in offshore trade early on Wednesday the currency was pinned at 7.1826 per dollar, near a seven-month low.\nWith China\'s Premier Li Qiang abroad in Europe, traders see an imminent announcement of further stimulus as unlikely.\nThe Aussie had taken a further beating thanks to Tuesday\'s less-hawkish-than-expected central bank minutes following this month\'s rate hike. It fell 0.9% overnight and last bought $0.6790.\n"The path of least resistance is further declines," said Commonwealth Bank of Australia strateg Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-21 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $557,338,100,150 - Hash Rate: 314884889.72798514 - Transaction Count: 363280.0 - Unique Addresses: 693078.0 Social & AI Sentiment: - Fear & Greed Index: 0.59 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Daderot / Wikimedia Commons If you have $500 that you hope to turn into $100,000, congratulations you are an optimist with lofty goals. But to make your dream a reality, youll have to earn gains of 19,900% . Find Out: How Much Americans Have in Their Savings Accounts in 2023 Learn: 3 Things You Must Do When Your Savings Reach $50,000 Those kinds of stratospheric returns require a lot of risk, a lot of time, a lot of luck or, more likely, some combination of all three. If you have $500, you can buy an alternator for a Porsche Taycan 4 Cross Turismo. Here are a few potential paths to growing it until you can buy the whole car. The Slow Way to 19,900% Takes Most of a Lifetime Early Bitcoin investors who sold at the 2021 crypto peak earned 20,000% and then some. But unless you have the foresight to spot a virtually unknown asset class thats poised to emerge as the next big thing, youll probably look to the stock market. If thats the plan, start young. While its technically possible to turn $500 into $100,000 through investing, its not a realistic or reliable goal for most people, said Wall Street strategist Josh Dudick, CEO of wealth and investment site Top Dollar . The stock market, for example, has historically delivered an average annual return of around 10%. If you invested $500 and earned a 10% return each year, it would take over 55 years to turn that initial investment into $100,000. Take Our Poll: Are You Planning To Buy or Sell a House This Year? The Fast Way to $100,000 Is Also the Fast Way to $0 If you cant wait until the late 2070s to get your hands on your cash, youll have to speed up the clock and the only way to do that is to dial up the risk. Achieving a 200-fold return on a $500 investment is possible through derivative investments, such as options or futures, said June Jia, a quantitative researcher at GF Securities and owner of Canny Trading . Compared to traditional assets like stocks or ETFs, options and futures can provide significant leverage, sometimes reaching several hundred or even thousands of times, which may result in a rapid increase in portfolio value. Story continues The Potential for Colossal Gains Carries the Risk of Total Loss Derivatives trading was a little-known niche in the investing world before it blew up the global economy in 2008. Those responsible for the reckless investments that triggered the Great Recession were blinded by the potential for magnified gains like those that Jia describes. You would be wise to avoid the same mistake with your $500. The potential for high returns comes with a corresponding level of risk, Jia said. To effectively manage risk, investing only a small portion of portfolio funds each time and diversifying investments to mitigate risk exposure is advisable. No matter your risk-mitigation efforts, be prepared to wave goodbye to any portion of your $500 that you bet on leveraged investing. Derivative products are only recommended for sophisticated investors who understand the risks and possibility of losing their entire principal, Dudick said. Day Trading Is More Familiar Than Derivatives, But Nearly as Risky While derivatives trading is alien to the average investor, the concept of buying stocks, selling them at a profit and harvesting the gains is not and if youre good, you can get to $100,000. Plenty of investors have made this goal possible with day trading, said financial expert Matt Roberts, COO and co-founder of My Choice Insurance . The SEC has warned since at least 2005 that day trading is not actual investing and it is a path to significant losses for nearly all who try it. Nearly two decades later, little has changed. Day trading isnt for the faint-hearted or people who are new to investing, Roberts said. This takes a deep understanding of different markets, so it isnt something beginners should be doing. However, if you do learn how market forces play, the goal is possible. Just make sure that you understand the risks involved in it before you start day trading or before you get too aggressive with it. Between Fast and Slow Is Steady: $500 as an Initial Investment Aviva Pinto, managing director of Wealthspire Advisors , is aware that youd need more than half a century to realize 19,900% gains and she reminds investors that 10% annualized returns are no guarantee. The key to shortening that timeline is to treat your $500 merely as a down payment on your future financial freedom. If you start with $500 and add $100 a month, assuming an interest rate of 5%, you would have $111,142.38 at the end of 35 years, Pinto said. If we assume you can get an annual 7% return, you would have $117.159.07 after 30 years. Also, you could lighten the load by breaking up your overall objective into more achievable milestones. Instead of immediately targeting a $100,000 goal, start with a $1,000 goal, Roberts said. Once you hit that $1,000 goal, your new goal is to turn it into $2,000, then $3,000 and so on. Continue this mini goal-setting until you reach $100,000. More From GOBankingRates 5 Expensive Renovations Homeowners Always Regret Financial Insight in Your Inbox: Sign Up for GBR's Daily Newsletter 3 Ways to Recession Proof Your Retirement 7 Things You Must Do To Create a Plan for Your Money This article originally appeared on GOBankingRates.com : You Have $500 To Invest: Can It Be Turned Into $100K?... - 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: ['At the beginning of the pandemic, markets reacted as though the world was going to end. Then, after the Federal Reserve unveiled its stimulus measures, nearly every tech stock rallied, the crypto bubble formed, andmeme stockswent to the moon. That was followed by big declines in stocks over fears of interest rate hikes and a recession. Nowadays, while it appears we’re in a “Goldilocks” phase, tread cautiously. Even in the current rally, there are till plenty of overvalued stocks still worthy of a sell, including:\nSource: shutterstock.com/Black Salmon\nWest Texas Intermediate Oiltumbled40% over the last year. All thanks to supply issues, China’s weaker than expected economy, and bigger demand for electric vehicles. In addition, the\xa0Biden Administration’s sales from America’s Strategic Petroleum Reserve has weighed heavily on prices, too.\xa0All of this, of course, is bad news for BigOil stocks, includingOccidental Petroleum(NYSE:OXY).\nMoreover, I’ve read that the Biden administration is considering allowing a sort of nonviolent “hostile freeze” to take effect in Ukraine, along the lines of the standoff that the two Koreas have endured for many decades. Also, as we get closer to the U.S. presidential election, I believe that such a scenario is growing increasingly likely, particularly if Biden’s anti-war primary challenger, Robert F. Kennedy, Jr, continues to climb in the polls.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nIf a de facto cease fire does take hold in Ukraine, oil prices are likely to plunge, with OXY stock following suit.\nOXY stock currently has a forward price-earnings ratio of 11.3, but that probably does not\xa0 bake in a big decline in oil prices in 2024. And the shares climbed last year due to increases in oil prices and Warren Buffett’s purchase of a great deal of the company’s shares, but what comes up often comes down, and even Buffett is not right 100% of the time.\nSource: shutterstock.com/Leonid Sorokin\nWorries about the recession that hasn’t come and isn’t likely to arrive this year or next year have caused the valuations of staples stocks likeClorox(NYSE:CLX) to hit the roof. As of the afternoon of June 15,\xa0 the shares were changing hands at a forward price-earnings ratio of 28.5. That’s a ridiculously high valuation for a maker of staples products.\nShowing that the long-feared recession is unlikely to materialize,Goldman Sachsrecently loweredthe chances of a recession over the next 12 months to 25%, while the Fedestimates thatGDP will climb 1.8% in the second quarter.\xa0As fewer and fewer economists warn about\xa0 an impending recession,\xa0 many investors will sell staple stocks, including Clorox, and move into more economically sensitive stocks. That’s because staples stocks like CLX are often viewedas good names to buyduring recessions.\xa0 \xa0As a result,\xa0 CLX stock is likely to tumble within the next several months.\nSource: Shutterstock\nAbout two yearsafter pausing itsspace flights due to an issue with a supplier,Virgin Galactic(NYSE:SPCE) is supposed to resume commercial flights in late June. And the company launched a successful test flight last month.\nHowever, I’ve always viewedspace stocksas very risky because of the many unsuccessful flights that occur. And recently, Bank of Americawarned thatVirgin Galactic is particularly risky because it’s using only\xa0 “one mothership.” As a result, if the ship can’t be used for an extended period, SPCE stock is likely to plunge, the bank suggested.\nMoreover, SPCE plans to take its tourists, who will be asked to pay hundreds of thousands of dollars each ,”to the edge of space,” i.e. just barely above the atmosphere. Given that point and the high risks involved, I have my doubts about how many tickets the company will be able to sell.\nSPCE stock currently has a market capitalization of $1.7 billion. If the company has trouble attracting space tourists and/or it has difficulties with its mothership, it will probably have trouble generating much over $100 million of revenue annually, meaning that it could be valued at a gargantuan 17 times its sales.\nSource: Shutterstock\nDisney’s(NYSE:DIS) huge problems have been evident for many years, but the Street seemingly can’t or won’t internalize them, as its forward price-earnings ratio is a fairly strong 16. Specifically, the lion’s share of Disney’s top and bottom lines are derived from two faltering sectors: cable TV and movie theaters. And meanwhile, its growth sector –streaming — remains unprofitable and faces tons of competition.\nIn more recent years, another issue –the company’s antagonism of about half of America with its political/social stances — has become problematic. Anyone who thinks such a situation can’t greatly undermine a large company should take a look at what has happened toAnheuser-Busch(NYSE:BUD). I believe that Disney’s blunders in this area have indeed hurt its financial results and will continue to do so for some time.\nShowing the weakness of Disney’s growth, analysts, on average, onlyexpect its top line toincrease 4.7% in 2024 versus 2023, despite the economy’s strength.\xa0I believe that DIS stock deserves a price-earnings ratio more in the 8x-10x range, and I think the shares will get there sooner than later. As a result, DIS is definitely one of the overpriced stocks to sell at this point.\nSource: Shutterstock\nThe shares of fast casual Mediterranean restaurant ownerCava(NYSE:CAVA) doubled on their first day of trading on June 15 in the wake of the company’s IPO.\nThe sharesnow havea valuation of roughly 7.4 times the company’s trailing revenue. Cava’s revenue will jump in the coming yearsbecause it“has 263 restaurants and wants to expand to over 1,000 by 2033.”\nStill, its valuation is far too high, since it’s far from being profitable and faces a tremendous amount of competition. On the profitability front, Cava reported a net loss of $59 million for 2022, and it has warned that its costs will increase in the coming years as it launches new restaurants.\xa0As far as competition is concerned, I’ve seen fast-casual Mediterranean restaurants, owned by various companies, in nearly every American city in which I’ve lived or visited over the last decade. And one can argue that Cava also competes with all of the fast-casual restaurants whose food is viewed as healthy.\nChipotle(NYSE:CMG) andSubway, for example, could both be looked at as being in the category.\nSource: Shutterstock\nMicroStrategy(NASDAQ:MSTR) has tied its fate to that ofBitcoin(BTC-USD),as the company“holdsapproximately140,000 bitcoin worth about $4 billion.”\nIf Bitcoin tumbles 75%, which I believe is quite likely, the value of MSTR’s Bitcoin holdings would drop by 75% of $4 billion ,or $3 billion. If MSTR’s market capitalization, whichis currently$4 billion, falls by $3 billion, its shares will have lost 75% of their value, all else being equal.\nThe company’s founder and executive chairman, Michael Saylor, contends that crypto will become a “bitcoin focused industry.” But, as I pointedout in a previous column, Washington looks poised to decimate America’s largest crypto exchange,Coinbase(NASDAQ:COIN), while another leading crypto exchange,Binance, also looks destined for failure, given the SEC’s even more onerous lawsuit against it. Additionally, Washington is strongly discouraging the nation’s banks from getting involved with crypto exchanges and the entire crypto sector.\nGiven these points, I believe that, within six months to a year, Americans will find it very difficult to buy and sell Bitcoin. Consequently, I expect the crypto’s value to plunge, taking MSTR stock with it.\nSource: Shutterstock\nLike Clorox,Coca-Cola’s(NYSE:KO) valuation has become quite excessive because of investors who are afraid of a recession piling into it.\xa0 Specifically, the stock’s forward price-earnings ratio is 23.4x.\xa0That’s a rather high valuation for a company whose bottom line is only expected by analysts, on average, to increase 5% this year. Moreover, unlike, say, most tech companies, manyconsumer discretionary stocks, and even some financial services firms, Coca-Cola’s profits have virtually no chance of every jumping 10%-15% in a given year.\nMoreover, I think there’s a risk that, at some point, the company’s financial results could be significantly, negatively impacted by increased concerns about the unhealthy quality of its flagship beverage.\xa0And showing that investors may be already tiring of the name, KO stock has greatly underperformed this year, falling 4% through June 15.\n[{"OXY": "CLX", "Occidental Petroleum": "Clorox", "$58.15": "$156.54"}, {"OXY": "SPCE", "Occidental Petroleum": "Virgin Galactic", "$58.15": "$4.73"}, {"OXY": "DIS", "Occidental Petroleum": "Disney", "$58.15": "$91.32"}, {"OXY": "CAVA", "Occidental Petroleum": "Cava Group", "$58.15": "$38.15"}, {"OXY": "MSTR", "Occidental Petroleum": "MicroStrategy", "$58.15": "$293.39"}, {"OXY": "KO", "Occidental Petroleum": "Coca-Cola", "$58.15": "$61.67"}]\nOn the date of publication, Larry Ramerwas short COIN.The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines.\nLarry Ramer has conducted research and written articles on U.S. stocks for 15 years. He has been employed by The Fly and Israel’s largest business newspaper, Globes. Larry began writing columns for InvestorPlace in 2015. Among his highly successful, contrarian picks have been PLUG, XOM and solar stocks. You can reach him on Stocktwits at @larryramer.\n• Buy This $5 Stock BEFORE This Apple Project Goes Live\n• Did Elon Musk Just Trigger a New Netscape Moment?\n• The $1 Investment You MUST Take Advantage of Right Now\n• The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors\nThe postGet Out Now! 7 Extremely Overvalued Stocks Set to Spiral Downwardappeared first onInvestorPlace.', "At the beginning of the pandemic, markets reacted as though the world Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-22 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $588,258,667,162 - Hash Rate: 356522561.09697485 - Transaction Count: 392041.0 - Unique Addresses: 722789.0 Social & AI Sentiment: - Fear & Greed Index: 0.65 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Binance, the world’s largest cryptocurrency exchange, and its chief executive are being sued by the US’s top financial watchdog, which has accused them of making billions of dollars while “placing investors’ assets at significant risk”. In a court filing, the Securities and Exchange Commission (SEC) accused Binance of mixing “billions of dollars” in customer funds and secretly sending them to a separate company controlled by its founder and chief executive, Changpeng Zhao. Related:Elon Musk accused of insider trading in Dogecoin lawsuit “We allege that Zhao and the Binance entities not only knew the rules of the road, but they also consciously chose to evade them and put their customers and investors at risk,” said Gurbir Grewal, director of the SEC’s enforcement division. In itscomplaint filed on Monday at a federal district court in Washington, the SEC added: “Defendants have enriched themselves by billions of US dollars while placing investors’ assets at significant risk.” The complaint alleges that between June 2018 and July 2021, Binance earned at least $11.6bn (£9.3bn) in revenue, mostly from transaction fees. Among other charges, the SEC alleges that, while Zhao and Binance publicly claimed that US customers were restricted from transacting on Binance.com, “Zhao and Binance in reality subverted their own controls to secretly allow high-value US customers to continue trading on the Binance.com platform”. The 13 civil charges have been placed against Zhao, Binance Holdings and two further Binance-linked entities, BAM Trading Services and BAM Management US Holdings. The SEC said Binance and BAM operated the Binance.US platform, which had been created for US customers after the main Binance platform said in 2019 it was quitting the US market. The SEC alleges that, while Zhao and Binance publicly claimed that Binance.US was created as a separate, independent trading platform for US investors, “Zhao and Binance secretly controlled the Binance.US platform’s operations behind the scenes”. The SEC alleges that Zhao and Binance were able to commingle or divert customers assets “as they please” including to a Zhao-controlled entity called Sigma Chain. The regulator claims that Sigma also engaged in “manipulative trading” that artificially inflated trading volume on Binance.US. The SEC also charged Binance and BAM Trading with operating unregistered securities exchanges, broker-dealers and clearing agencies, as well as the unregistered offering and sale of crypto assets including the Binance USD stablecoin, a digital token whose value is pegged to the American dollar. It alleged that Zhao was a “control person” for the unregistered exchange operation. The SEC complaint alleges that Zhao directed Binance to conceal the access of high-spending US customers to Binance.com. In one piece of evidence included in the lawsuit, the Binance chief compliance officer messaged a colleague saying: “We are operating as a fking unlicensed securities exchange in the USA bro.” Elsewhere in the lawsuit Binance’s CCO is quoted as saying: “We do not want [Binance].com to be regulated ever.” A Binance spokesperson said: “We want to be clear that while we take the allegations in the SEC’s complaint seriously, they should not be the subject of an SEC enforcement action, let alone on an expedited basis. They are unjustified.” John Stark, a former senior SEC official and senior lecturing fellow at Duke University’s school of law, said the SEC has been “incredibly aggressive” towards the crypto industry recently, having announcedmore than 30 cryptocurrency-related enforcement actionssince 2022. Stark added that the complaint contained “scathing allegations” including evidence that Binance’s actions were “designed to avoid regulatory scrutiny”. In March the US Commodity Futures Trading Commission sued Binance and Zhao in a complaint that claimed the defendants committed “wilful evasion of US law”.Allegations in the complaintincluded claims that Binance helped US customers trade on the platform despite not having regulatory clearance to do so. Bitcoin, the world’s biggest cryptocurrency, fell as much as 6% on the news to its lowest in almost three months. Binance’s own cryptocurrency BNB, the world’s fourth-largest by market size, dropped more than 5%. Market players said the SEC’s allegations could hobble Binance, with the lawsuit likely to reverberate through the crypto industry. Binance dominates crypto trading, processing trades worth about $65bn a day last year. Reuters contributed to this report... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin rose and held above US$30,000 in Friday morning trading in Asia, holding onto the strong gains made this week on the back of growing institutional interest in the world’s largest cryptocurrency by market capitalization. Ether was little changed. Other top 10 non-stablecoin cryptocurrencies traded mixed, with Cardano’s ADA token gaining and Binance’s BNB losing ground. Overall, most tokens were holding weekly gains spurred by Bitcoin’s rally.\nBitcoin rose 0.33% over the last 24 hours to US$30,056.27 at 6:30 a.m. in Hong Kong, up 17.52% for the past week, according to CoinMarketCap data. The world’s largest cryptocurrency broke through resistance at US$30,000 early morning on Thursday for the first time since April, reaching a high of US$30,737.33.\nEther was little changed, rising 0.02% to US$1,879.66 to gain 12.87% for the week.\nBlackRock Inc.,the world’s largest asset manager with US$8.59 trillion under management at the end of 2022, filed an application on June 15 for a Bitcoin exchange-traded fund (ETF). Two more U.S.-based asset managers — WisdomTree and Invesco — also filed Bitcoin ETF applications this week.\n“Major cryptocurrencies were seeing strong performances this week — Traders reacted positively to the possibility of seeing a Bitcoin ETF come to market,” Denys Peleshok, head of Asia at Belize-based financial brokerage CPT Markets, in email comments.\n“A successful launch of a bitcoin ETF could open the way for more inflows from individuals and professional investors alike,” Peleshok added. “The investment vehicle could lower the barrier of entry into the market and attract significant volumes of investment into bitcoin in particular.”\nBoston-based Fidelity Investments, another major financial services company that managed US$4.2 trillion as of the first quarter of 2023, is alsosaidto be preparing to file a Bitcoin ETF application.\nIn another encouraging move for institutional adoption of crypto, EDX Marketsopened for businesson Tuesday as a New Jersey-based digital asset exchange backed by Wall Street firms such as Citadel Securities, Fidelity Investments and Charles Schwab Corp. EDX said U.S. regulatory compliance is a core feature of its operations.\nThese moves by traditional finance follow the crackdown on the U.S. crypto sector this month by the Securities and Exchange Commission (SEC), which filed lawsuits against the Binance.US and Coinbase exchanges. The SEC alleges they illegally traded cryptocurrencies that should have been registered as financial securities, among other charges.\n“[Bitcoin could] continue benefiting from its status as a quasi-commodity when most other digital assets are considered securities by regulators. As a result, Bitcoin could emerge as a winner from the SEC’s legal efforts,” said Peleshok of CPT Markets.\nU.S. Federal Reserve Chairman Jerome Powellcommentedon Bitcoin during a monetary policy hearing on Capitol Hill this week, describing the token as having “staying power” as an asset class.\nMeanwhile, Mastercard Inc., the world’s second largest payment processor,announcedThursday that it will expand its Engage network to embrace more blockchain and digital asset partners. Mastercard Engage connects businesses with qualified technology partners.\nOther top 10 non-stablecoin cryptocurrencies were mixed, although making weekly gains spearheaded by Bitcoin. Binance’s BNB token lost 2.53% to US$242.49 while gaining 2.36% in the past seven days.\nCardano’s ADA rose 2.21% to US$0.2922, adding 10.90% in the last week.\nThe total cryptocurrency market capitalization rose 0.14% to US$1.17 trillion in the last 24 hours, while trading volume fell 25.24% to US$45.06 billion, according to CoinMarketCap data.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the non-fungible token (NFT) market, the Forkast 500 NFT index rose 0.78% to 2,930.17 in the 24 hours to 8:30 a.m. in Hong Kong. The index gained 1.3% for the week.\nTotal NFT transactions rose 0.64% to US$23.9 million, while transactions on Ethereum dipped 3.70% to US$15.56 million. Bitcoin was the second largest blockchain by NFT transactions, rising 8.56% to US$2.74 million.\nYuga Labs’ Bored and Mutant Ape Yacht Club NFTs were the top selling collections in the last 24 hours. Bored Ape trades rose 1.12% to US$3.07 million, while Mutant Ape surged 23.92% to US$1.05 million.\n“NFT traders are optimistic about the future, and clearly willing to spend as we see from multiple $145k Bored Ape Yacht Club sales, along with a $286k sale, but still the index is just above its all-time low point,” said Yehudah Petscher, NFT strategist at Forkast Labs, the parent company of Forkast.News.\nThat indicates investors remain hesitant as a whole, apart from some whales, said Petscher, adding that may be because of a lack of a track record for some projects holding value over time.\nThe Gods Unchained Cards NFT collection from ImmutableX was the third most traded collection, even as transactions fell 8.75% to US$754,805. ImmutableannouncedWednesday that its NFT trading card game Gods Unchained is now listed on game distribution platform Epic Games Store, which has over 230 million customers.\n“Lots of eyes on Azuki tomorrow as they have a big event in Las Vegas,” Petscher said.Azuki, the Japanese anime-inspired NFT collection of 10,000 generative avatars, became one of the most popular collections since its debut in January 2022 and still holds an active community.\nAzuki is the eighth most traded collection according to Cryptoslam data, with US$537,366 worth of transactions over the past day. “We’re watching to see what big announcements they may have – a new token, or possibly a game? Azuki has a track record of delivering on hype,” Petscher said.\nElsewhere, Swiss-based multinational food manufacturerNestlé S.A.and U.S.-based snack brandSlim Jimboth announced the launch of NFT collections, signaling continued mainstream interest in the blockchain-powered technology.\nU.S. stock futures traded lower as of 9:30 a.m. in Hong Kong, following a mixed regular trading session on Thursday.\nDow Jones Industrial Average futures slipped 0.06%, S&P 500 futures lost 0.11%, while Nasdaq futures inched down 0.084%.\nTech stocks gained in the Thursday session performed well with Apple Inc. setting a new record high of US$187, while Amazon.com Inc. and Tesla Inc. also rising.\nOn the U.S. battlefront against inflation, Federal Reserve Chairman Jerome Powell told the U.S. Congress on Tuesday and Thursday this week that the central bank is in consensus that more interest rate increases are likely this year to control high price pressure. The U.S. inflation rate is currently at around 4.05%, down from last month’s 4.93% but still far from Fed’s target of 2%.\nU.S. interest rates are now between 5% and 5.25%, the highest since 2006. The Fed paused rate hikes at the last meeting on June 14, but indicated two more hikes this year to bring rates to around 5.6%.\nThe Federal Reserve’s next meeting on interest rates is July 26 and the majority view is they will raise. The CME FedWatch Tool predicts a 76.9% chance for another 25-basis-point rate hike, up from 71.9% on Thursday, and a 23.1% chance the Fed will leave rates unchanged.\n(Updates to add equities section)', 'Bitcoin rose and held above US$30,000 in Friday morning trading in Asia, holding onto the strong gains made this week on the back of growing institutional interest in the world\x92s largest cryptocurrency by market capitalization. Ether was little changed. Other top 10 non-stablecoin cryptocurrencies traded mixed, with Cardano\x92s ADA token gaining and Binance\x92s BNB losing ground. Overall, most tokens were holding weekly gains spurred by Bitcoin\x92s rally. Crypto Bitcoin rose 0.33% over the last 24 hours to US$30,056.27 at 6:30 a.m. in Hong Kong, up 17.52% for the past week, according to CoinMarketCap data. The world\x92s largest cryptocurrency broke through resistance at US$30,000 early morning on Thursday for the first time since April, reaching a high of US$30,737.33. Ether was little changed, rising 0.02% to US$1,879.66 to gain 12.87% for the week. BlackRock Inc.,the world\x92s largest asset manager with US$8.59 trillion under management at the end of 2022, filed an application on June 15 for a Bitcoin exchange-traded fund (ETF). Two more U.S.-based asset managers \x97 WisdomTree and Invesco \x97 also filed Bitcoin ETF applications this week. \x93Major cryptocurrencies were seeing strong performances this week \x97 Traders reacted positively to the possibility of seeing a Bitcoin ETF come to market,\x94 Denys Peleshok, head of Asia at Belize-based financial brokerage CPT Markets, in email comments. \x93A successful launch of a bitcoin ETF could open the way for more inflows from individuals and professional investors alike,\x94 Peleshok added. \x93The investment vehicle could lower the barrier of entry into the market and attract significant volumes of investment into bitcoin in particular.\x94 Boston-based Fidelity Investments, another major financial services company that managed US$4.2 trillion as of the first quarter of 2023, is also said to be preparing to file a Bitcoin ETF application. In another encouraging move for institutional adoption of crypto, EDX Markets opened for business on Tuesday as a New Jersey-based digital asset exchange backed by Wall Street firms such as Citadel Securities, Fidelity Investments and Charles Schwab Corp. EDX said U.S. regulatory compliance is a core feature of its operations. Story continues These moves by traditional finance follow the crackdown on the U.S. crypto sector this month by the Securities and Exchange Commission (SEC), which filed lawsuits against the Binance.US and Coinbase exchanges. The SEC alleges they illegally traded cryptocurrencies that should have been registered as financial securities Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-23 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $582,691,848,975 - Hash Rate: 325294307.5702325 - Transaction Count: 374001.0 - Unique Addresses: 707501.0 Social & AI Sentiment: - Fear & Greed Index: 0.65 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Good morning. Here’s what’s happening: Prices:Bitcoin was trading over $27K to recover some lost ground from its plunge last week. Insights:The stablecoin supply ratio drop of the past 11 days suggests a potential increase in buying power for stablecoins. CoinDesk Market Index (CMI) 1,158 +8.4▲0.7% Bitcoin (BTC) $27,165 +433.8▲1.6% Ethereum (ETH) $1,820 +23.6▲1.3% S&P 500 4,124.08 −6.5▼0.2% Gold $2,020 +5.4▲0.3% Nikkei 225 29,388.30 +261.6▲0.9% BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC) [["1,158", "+8.4\u25b20.7%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$27,165", "+433.8\u25b21.6%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,820", "+23.6\u25b21.3%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,124.08", "\u22126.5\u25bc0.2%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$2,020", "+5.4\u25b20.3%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["29,388.30", "+261.6\u25b20.9%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}] Hopeful Signs for BTC at $27K After seven days of plunging prices, bitcoin steadied. The largest cryptocurrency by market capitalization was recently trading at about $27,165, up 1.1% over the past 24 hours and a little above where it stood when the weekend began. BTC remains down more than 10% since May 5 when it started its most recent swoon, the result of profit-taking and low liquidity against a backdrop of industry-focused and macroeconomic uncertainties. "Financial markets in general (are) driven by risk, by liquidity, and so, not surprising right now, when people are fearing risk assets as a whole, we're seeing large swaths of selling," Ryan Rasmussen, an analyst for crypto fund manager Bitwise, told CoinDesk TV's "First Mover" program on Friday. "When there's less liquidity, you're going to have larger swings in price whenever an asset (is) sold." But he added: "There will be more liquidity come into crypto." Ether, the second largest crypto in market value, was changing hands near $1,800, down a few fractions of a percentage point and about the same level as early Saturday. Other major cryptos moved into green territory as the Asia trading week began with Litecoin recently up more than 5.7%. TheCoinDesk Market Index, a measure of the crypto market's performance, was up 0.8%. Leading Asia indexes were mixed with the Nikkei up about 0.5% but the Hang Seng down 0.2%. Rasmussen noted the declining correlation between crypto and traditional asset markets, which were mixed last week with the tech heavy Nasdaq Composite up slightly over the most recent five days but the S&P 500 and Dow Jones Industrial Average (DJIA) falling 0.2% and 1.1%, respectively. "Any kind of mistrust in traditional financial systems plays into the hands of crypto," Rasmussen said, adding: "I'm happy to see the correlation fall between traditional risk assets, traditional equities and crypto." In an email to CoinDesk, Joe DiPasquale, the CEO of crypto fund manager BitBull Capital, noted that the current "macroeconomic situation around the world is creating a conducive environment for crypto assets to thrive." This week, DiPasquale is looking for bitcoin's price to hold steady in a range between $25,000 and $27,000 "before bouncing toward $30K again." "We don’t think the market needs a catalyst in the immediate term," he wrote. "It is only a matter of time before we see another major rally." [{"Asset": "Gala", "Ticker": "GALA", "Returns": "+5.3%", "DACS Sector": "Entertainment"}, {"Asset": "Terra", "Ticker": "LUNA", "Returns": "+3.7%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Cardano", "Ticker": "ADA", "Returns": "+2.4%", "DACS Sector": "Smart Contract Platform"}] [{"Asset": "Cosmos", "Ticker": "ATOM", "Returns": "\u22120.5%", "DACS Sector": "Smart Contract Platform"}] What Does the Recent Stablecoin Supply Ratio Mean for Bitcoin? The Stablecoin Supply Ratio (SSR) has declined approximately 11% over the most recent 11 days, indicating a potential increase in buying pressure for bitcoin. The metric, which measures the ratio of bitcoin’s market capitalization to the market cap of stablecoins, gives insight into the supply-and-demand dynamics between stablecoins (used as a vehicle to purchase cryptocurrencies) and BTC itself. A higher SSR indicates that buying power is weakening, while lower values indicate that buying power is increasing. The recent SSR drop follows a 52% increase between March and May 5. The pivot indicates that additional cash or liquid reserves have entered the market, and could lead to higher BTC prices. 3:00 p.m. HKT/SGT(7:00 UTC)Eurogroup Meeting 4:30 p.m. HKT/SGT(8:30 UTC)Bank of England Monetary Policy Report Hearings 5:00 p.m. HKT/SGT(9:00 UTC)Eurozone Industrial Production s.a. (MoM/March) In case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV: Bitcoin Touches 2-Month Low; Do Kwon Set To Be Released From Montenegro Jail Bitcoin (BTC) continued to lose ground in the wake of CoinDesk's Bitcoin Trend Indicator, shedding the bullish bias for the first time in three weeks. Bitwise crypto analyst Ryan Rasmussen shared his markets analysis. Separately, Terraform Labs founder Do Kwon was set to be released from Montenegro jail on supervised bail as his trial on document forgery charges continues. Plus, Chia Network CEO and President Gene Hoffman discussed the blockchain and smart-contract platform's plans to go public. Wormhole Foundation head of operations Dan Reecer also joined the conversation. Binance Announces Exit from Canada, Citing Regulatory Tensions:The world’s largest crypto exchange by volume said new guidance related to stablecoins and investor limits prompted the exit. Ethereum Resumes Finalizing Blocks after Second Performance Hiccup in 24 Hours:When blocks are not being finalized, it is possible that pending transactions might be re-ordered or dropped from the network. Developers haven't determined the source of the hold-ups, but they are urging for calm amidst the concern and uncertainty. Among Bitcoin Developers, Debate Is Raging Over Whether to Censor Ordinals BRC-20s:Despite calls for censorship, many developers agree that maintaining the status quo is the right thing to do for now. MakerDAO Founder Proposes Plan for Upgraded Versions of DAI Stablecoin, Governance Token:Rune Christensen also proposed to incorporate artificial intelligence-assisted processes into Maker’s governance. House Democrats Consider New Stablecoin Bill Proposal, Source:The proposal comes weeks after Republicans introduced their own discussion draft of a new bill.... - Reddit Posts (Sample): [['u/excubitor15379', 'Altcoins performance last cycle', 11, '2023-06-23 00:16', 'https://www.reddit.com/r/CryptoCurrency/comments/14ggu0u/altcoins_performance_last_cycle/', " Hello my dear reddit fellows. I have made simple altcoins analyse I wanted to share it here to hear u out and make a discussion maybe.\n\n \nI take a snapshot of crypto market on the day 16 of dec 2018 – the day BTC was around its lowest price – 3252$ and I decided to check how well altcoin investment would go from there. \n\nSo I picked top 100 crypto by marketcap at that time, but since there were 6 stable coins and I wanted 100 altcoins to analyze I decided to make it for 106 top coins excluding stables at that time (around the bottom of the bearmarket of 2018). \n\n# case one\n\nIn case one I tracked alts movements price from the date of BTC bottom to their ATH around the date of the first ATH of BTC (we got duble top that year). So it wasnt precise date for altcoins I just wanted to see their maximum performance. It is worth noting that it is impossible to buy at the very bottom and sell at the very top, so the case one is made out of curiosity and mostly for fun. I don't believe anyone can achieve those returns with exceptions of some lucky ones. \n\nHere are the results. \n\n \n7 coins died – are no longer tracked by cmc\n\n6 coins would net u lose – they didn't beat their bottom price at BTC ATH on 2021(sic!); for instance: Metaverse ETP (ETP) price at BTC bottom (around mid of December 2018) was 0.6 and at BTC ATH at 2021 was 0.5. So, as u can see, 6 coins wasn't able to net u gain even under the most favorable conditions. The table shows results for all 100 altcoins (number of cases is percentage since they sums up to 100): \n\n\n\nhttps://preview.redd.it/vyb0gnjoxm7b1.png?width=171&format=png&auto=webp&v=enabled&s=4cb6b80bba84e18dd65732a78b989869bdfc29d9\n\n\n\nIf u are skilled enough to buy into the very bottom and sell on the very top, congrats, u would have 87% chance to earn money. The mode in this case is 10-20x what sounds nice, but since it's literally impossible to hit the bottom and the top, at least unless u have perfectly working crystal ball, u shouldn't expect that kind of returns. Just to add, there were only 50% chances to hit 10x and more returns.\n\n# case two\n\nTo be more realistic though, I think we should change conditions a bit. So the next scenario – case two \\- is modified towards more reality. At case two we enter at a price increased by 25% from bottom and sell at the price decreased by 25% from the top (lucky and disciplined trader gj on him). After this adjustments it doesn't look that optimistic – see tab below.\n\n\n\nhttps://preview.redd.it/mhmd99n5ym7b1.png?width=171&format=png&auto=webp&v=enabled&s=d63bccf7c219f5ed1e5091229fdce7262a050c28\n\nAs u can see number of coins that nets u lose doubled. So, u gona lose 19% of time while netting >2-10x about 46% of time. Only 2 coins in that scenario made >50-100x and 3 made >100x. This time mode is >5-10x - not that impressive if u take into account that betting on altcoins is a extreme sport in the crypot universe.\n\n# Now lets see how BTC did under that circumstances. \n\nBTC bottom was around 3252$ . ATH was 64700$. So everyone with perfectly calibrated crystal ball was able to net 19.9x nice. \n\nThe more realistic scenario -case two \\- gives u 11.9x . Still decent but u had to sell BTC at 48500$ what would be challenging af with all that 100k EOY narration around.\n\nPutting this value against cumulated percentage for alts - tab below - shows u got only around 30% chance to meet or beat that 11.9x. And u got only 15% chance to make >20x returns on alts. It doesn't look that good to me anymore. \n\n\n\nhttps://preview.redd.it/eqidprgrym7b1.png?width=256&format=png&auto=webp&v=enabled&s=ee14c9cd1b22ee18ba486b5063a2896a0e58fe03\n\nNow lets assume You divided ur portfolio: 70%BTC 20%ETH 10% alts. In this scenario for every 1000$ invested u would earn ( I will calculate for the more realistic scenario in which ur crystal ball was taken by ur wife to figure out famous stars love affairs): \n \n\n\n\nhttps://preview.redd.it/186ls9bc1n7b1.png?width=341&format=png&auto=webp&v=enabled&s=6821aa87dff1b08c2d640e0a861a95eb5b1c138f\n\n In table above there are 2 averages for alts: 1st one is the arithmetic mean and the 2nd one-the mode which i used in all previous examples - thats why 10% twice in the table; I decided to do it that way to put a bit more spice into the calculation since arithmetic mean is a bit better for alts outcome. \nKeep in mind u had only 30% chance for alts to beat BTC gains (see table with cumulated percentage). So for around 70% of time u would earn less on alts then on BTC, yaiks! \n \n\nSo as a conclusion it seems to me that buying BTC is not only safer but also provided good returns. Ofc u can find alts that did spectacular and if u can do that - good for u, i am full of admiration for u. But it seems alts are really risky play that brings less gains that I supposed they do, before i made that analyze. \n\nI still believe buying right alts at right moment can elevate ur profits by a lot, but as they say: time in the market beats timing the market.\n\nOK that's it folks. I am widely opened for constructive criticism, and gona make more post about alts in the nearest future. GL on ur trades, and don't give BTC to those whales cheaply!\n\nAnd don't worry, i didn't forget of the most important part ;) Here are those alts that made >50x gains:\n\n\n\nhttps://preview.redd.it/3ut113v47n7b1.png?width=420&format=png&auto=webp&v=enabled&s=f277c351a02eb4aaa7fabd8d3d0c657e57aa6c96\n\n \n\n\n\|\|\|\|\n\|:-\|:-\|:-\|\n\|\|\|\|\n\n\n\n\|\|\|\|\n\|:-\|:-\|:-\|\n\|\|\|\|\n\n\n\n\|\|\|\|\n\|:-\|:-\|:-\|\n\|\|\|\|", 'https://www.reddit.com/r/CryptoCurrency/comments/14ggu0u/altcoins_performance_last_cycle/', '14ggu0u', [['u/Onnimation', 11, '2023-06-23 00:22', 'https://www.reddit.com/r/CryptoCurrency/comments/14ggu0u/altcoins_performance_last_cycle/jp5fgqw/', "I like to live on the edge so I'm 100% in alts", '14ggu0u']]], ['u/Cinobite', 'I Signed up to Haru about a Month Ago....', 18, '2023-06-23 00:20', 'https://www.reddit.com/r/HaruInvest/comments/14ggxr9/i_signed_up_to_haru_about_a_month_ago/', '1/3 of my BTC and ETH, what makes it worse is that I started in crypto during ATHs, between Cefi going under and ETH fees crypto just feels like throwing money away. I have some low caps which if they 30x to previous highs MIGHT put me back where I started, making the past 2-4 years pointless', 'https://www.reddit.com/r/HaruInvest/comments/14ggxr9/i_signed_up_to_haru_about_a_month_ago/', '14ggxr9', [['u/mykeys71', 23, '2023-06-23 00:49', 'https://www.reddit.com/r/HaruInvest/comments/14ggxr9/i_signed_up_to_haru_about_a_month_ago/jp5iyoc/', 'I had my life savings in Haru (I know it was stupid). I had taken a pay cut at work so I thought I would collect a yield on all my BTC to make up the difference. I now can’t eat, sleep and have no idea how to tell my wife. I’m basically screwed and have lost my retirement.', '14ggxr9']]], ['u/briannaconetta', 'Seema’s gold outfit and bag at the end of Season 2 Episode 2', 43, '2023-06-23 02:48', 'https://www.reddit.com/r/Andjustlikethat/comments/14gka8z/seemas_gold_outfit_and_bag_at_the_end_of_season_2/', 'Was that bag a bitcoin Judith Lieber bag?!?!', 'https://i.redd.it/pidt0x4e0o7b1.jpg', '14gka8z', [['u/Which_way_witcher', 23, '2023-06-23 04:50', 'https://www.reddit.com/r/Andjustlikethat/comments/14gka8z/seemas_gold_outfit_and_bag_at_the_end_of_season_2/jp6d97w/', "Eh, looks like something country bumpkins wear on their big nights out in Chicago. Garish and blingy. Dress might have been fine on its own without that bag. \n\nSeema's first miss and it's a big one.", '14gka8z']]], ['u/kapliger', "Why does this sub celebrate Blackrock's BTC ETF application?", 50, '2023-06-23 03:32', 'https://www.reddit.com/r/Bitcoin/comments/14gl7zk/why_does_this_sub_celebrate_blackrocks_btc_etf/', 'I find it irritating that the community that pushes most for decentralisation, self-custody, morals & justice suddenly takes comfort in the fact that the largest, most evil asset management firm in the world files for a spot Bitcoin ETF.\nCan someone explain to me why this is positive for Bitcoin or "the people"?\n\nSimple conclusion from a neutral bystander would be that the majority of Bitcoiners doesn\'t give a damn about the principals of BTC, would switch up in a heartbeat & just wants to be up in terms of fiat, chasing the next pump, no matter which criminal entity supports their agenda. Doesn\'t exactly radiate veracity, does it?', 'https://www.reddit.com/r/Bitcoin/comments/14gl7zk/why_does_this_sub_celebrate_blackrocks_btc_etf/', '14gl7zk', [['u/Cereal_Killer001', 106, '2023-06-23 03:36', 'https://www.reddit.com/r/Bitcoin/comments/14gl7zk/why_does_this_sub_celebrate_blackrocks_btc_etf/jp64fqv/', 'bitcoin ETFs do not make sense nor should anyone buy them but I think the reason that people are excited is because it signals one of the largest financial institutions getting bitcoin on its balance sheet. This does multiple things. First, if BlackRock has bitcoin on its balance sheet, it legitimizes the asset to the public and could incentivize more major market movers to follow suit. Secondly, BlackRock has a TON of leverage with the SEC. As much as we hate the SEC, it is nice having a major market mover in your corner to help advocate for bitcoin.', '14gl7zk'], ['u/nigelwiggins', 12, '2023-06-23 03:53', 'https://www.reddit.com/r/Bitcoin/comments/14gl7zk/why_does_this_sub_celebrate_blackrocks_btc_etf/jp66f7x/', 'Number goes up. Not in it for the tech', '14gl7zk'], ['u/StumbleMyMirth', 33, '2023-06-23 03:58', 'https://www.reddit.com/r/Bitcoin/comments/14gl7zk/why_does_this_sub_celebrate_blackrocks_btc_etf/jp6746k/', 'Bitcoin is for everyone.', '14gl7zk'], ['u/399ddf95', 36, '20... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Photograph: Jon Nazca/Reuters A British man who took part in schemes to hack the Twitter accounts of celebrities, including Joe Biden and Elon Musk, was sentenced to five years in prison, the US attorney’s office announced on Friday. Related: Texas governor signs bill rescinding water breaks as deadly heat grips state Joseph James O’Connor, 24, pleaded guilty to cybercrime charges last month, nearly three years after he and others in his hacking group hijacked more than 130 Twitter accounts as part of a Bitcoin scam, including those of Apple, Uber, Kanye West, Bill Gates and Barack Obama. He also pleaded guilty to stealing $794,000 in virtual currency from a New York cryptocurrency company. O’Connor was arrested nearly two years ago in Spain for the July 2020 hack and extradited to the US in April. The charges he pleaded guilty to include conspiracy to commit computer intrusions, conspiracy to commit wire fraud and conspiracy to commit money laundering and stalking two victims, among others. Under the most serious of the charges, O’Connor faced up to 20 years in prison. In addition to serving five years in a US prison, O’Connor was also sentenced to three years of supervised release and ordered to pay $794,000. “O’Connor’s criminal activities were flagrant and malicious and his conduct impacted multiple people’s lives. He harassed, threatened and extorted his victims, causing substantial emotional harm,” Kenneth A Polite Jr, an assistant attorney general in the US justice department’s criminal division, said after O’Connor pleaded guilty last month. “Like many criminal actors, O’Connor tried to stay anonymous by using a computer to hide behind stealth accounts and aliases from outside the United States.” Two others have also been charged with federal crimes in the incident, including Nima Fazeli of Florida, and Mason Sheppard, who is from Bognor Regis in the UK. The alleged mastermind of the hacking group, the Florida teen Graham Ivan Clark, was sentenced to three years in juvenile prison in July 2021, the maximum allowed under state law. The attacks, which unfolded over the course of several hours in July 2020 , rocked Twitter and prompted the company to take the unprecedented measure of stopping all verified accounts from tweeting.', 'Photograph: Jon Nazca/Reuters A British man who took part in schemes to hack the Twitter accounts of celebrities, including Joe Biden and Elon Musk, was sentenced to five years in prison, the US attorney’s office announced on Friday. Related: Texas governor signs bill rescinding water breaks as deadly heat grips state Joseph James O’Connor, 24, pleaded guilty to cybercrime charges last month, nearly three years after he and others in his hacking group hijacked more than 130 Twitter accounts as part of a Bitcoin scam, including those of Apple, Uber, Kanye West, Bill Gates and Barack Obama. He also pleaded guilty to stealing $794,000 in virtual currency from a New York cryptocurrency company. O’Connor was arrested nearly two years ago in Spain for the July 2020 hack and extradited to the US in April. The charges he pleaded guilty to include conspiracy to commit computer intrusions, conspiracy to commit wire fraud and conspiracy to commit money laundering and stalking two victims, among others. Under the most serious of the charges, O’Connor faced up to 20 years in prison. In addition to serving five years in a US prison, O’Connor was also sentenced to three years of supervised release and ordered to pay $794,000. “O’Connor’s criminal activities were flagrant and malicious and his conduct impacted multiple people’s lives. He harassed, threatened and extorted his victims, causing substantial emotional harm,” Kenneth A Polite Jr, an assistant attorney general in the US justice department’s criminal division, said after O’Connor pleaded guilty last month. “Like many criminal actors, O’Connor tried to stay anonymous by using a computer to hide behind stealth accounts and aliases from outside the United States.” Two others have also been charged with federal crimes in the incident, including Nima Fazeli of Florida, and Mason Sheppard, who is from Bognor Regis in the UK. The alleged mastermind of the hacking group, the Florida teen Graham Ivan Clark, was sentenced to three years in juvenile prison in July 2021, the maximum allowed under state law. The attacks, which unfolded over the course of several hours in July 2020 , rocked Twitter and prompted the company to take the unprecedented measure of stopping all verified accounts from tweeting.', 'Warnings from the chemical sector on the outlook for earnings are piling up — just as worrying signs about global demand and economic growth begin to multiply across the board.\nJune has proved a bad month for chemical producers, with four European companies warning about their profit outlook for the rest of the year.This week, Lanxess joined Croda, K+S and Victrex in preparing investors for the impact of weak demand, tougher pricing, or destocking by customers. In the US, Cabot blamed softer global demand as it ditched its full-year forecast.\nWhether the worsening outlook for chemicals is a warning for the broader industrial or cyclical complex isn’t yet clear. But without substantial stimulus in China or signs that demand is picking up, caution could be warranted— especially at a time when optimistic investors have pushed their positioning in stocks back to elevated levels.\nIndustrial shares are usually closely correlated with chemicals and account for nearly 14% of the Stoxx 600, the largest sector weight in the European benchmark after health care. More broadly, economically driven cyclicals are about two-thirds of the market. Their earnings prospects are heavily linked to global growth, which has been driven by China for the past few years. But the Asian giant’s revival is faltering. In the past week, economists at Goldman Sachs, HSBC, Citi and Nomura are among those to have revised their China GDP growth forecasts lower for 2023, doubting that stimulus from Beijing could turn the tide.\n“Expectations have been too high about what China will be able to do on stimulus, as the Chinese government is more constrained compared to previous cycles relative to kick-starting the economy through just cutting interest rates or lowering reserve requirements for banks,”says Peter Garnry, head of equity strategy at Saxo Bank A/S.\nValuations remain a concern. The latest drop in chemical stocks has taken the premium on the sector’s price-to-earnings ratio over the broader European market back to its 10-year average of about 19%, after peaking at 40% last year. Industrials are still trading near a similar record premium of 40%, double the 10-year average.\nIn another worrying sign, troubles are expanding into the packaging sector, with Mayr-Melnhof Karton becoming the latest European company from the sector to issue a profit warning. This follows other paper and pulp sector warnings from companies including Billerud AB, UPM-Kymmene, and Stora Enso.\nEuropean cyclicals have brushed off weak macro-economic forecasts and surveys, thanks to hard data like GDP figures, which have held up well so far this year. Hopes of a soft landing and a peak in yields have supported stocks, while receding inflation has also helped.\nStill, other overall macro-economic readings give a less positive picture.Manufacturing PMIs remain in the doldrums, in sharp contrast with the expansion in services data this year. A debate rages over how this gap will close, with UBS strategists Gerry Fowler and Sutanya Chedda contending that services activity will be dragged lower.\n“European services new orders PMIs reversed quite sharply in May,” the UBS strategist say. “If this is a sign of emerging weakness in services demand, it could lead to more sector correlation and equity downside.”\n“The main disconnect that the market will need to grapple with revolves around the hopes of a soft landing, without much pain to profits, labor or credit, but at the same time the expectation that inflation will come down quickly,” says Vincent Rennella, Silex Investment Managers’ head of equity strategy, who is keeping his defensive stock allocation. “How can the consensus think that the worst of pressures is behind us, when the impact of monetary tightening historically worked with a lag, especially with a Fed that has not even stopped hiking?”\nBy Michael Msika, Bloomberg markets live reporter and strategist viaZerohedge.com\nMore Top Reads From Oilprice.com:\n• Rising Interest Rates And Inflation Threaten UK Manufacturing\n• Middle East Oil Prices Soar Amid Chinese Trading Frenzy\n• Can Quantum Computing Save Bitcoin From Itself?\nRead this article on OilPrice.com', 'Warnings from the chemical sector on the outlook for earnings are piling up — just as worrying signs about global demand and economic growth begin to multiply across the board. June has proved a bad month for chemical producers, with four European companies warning about their profit outlook for the rest of the year. This week, Lanxess joined Croda, K+S and Victrex in preparing investors for the impact of weak demand, tougher pricing, or destocking by customers . In the US, Cabot blamed softer global demand as it ditched its full-year forecast. Whether the worsening outlook for chemicals is a warning for the broader industrial or cyclical complex isn’t yet clear . But without substantial stimulus in China or signs that demand is picking up, caution could be warranted — especially at a time when optimistic investors have pushed their positioning in stocks back to elevated levels. Industrial shares are usually closely correlated with chemicals and account for nearly 14% of the Stoxx 600, the largest sector weight in the European benchmark after health care. More broadly, economically driven cyclicals are about two-thirds of the market. Their earnings prospects are heavily linked to global growth, which has been driven by China for the Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-24 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $593,739,946,069 - Hash Rate: 379943751.2420316 - Transaction Count: 361437.0 - Unique Addresses: 683837.0 Social & AI Sentiment: - Fear & Greed Index: 0.62 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: While other investors piled out of Coinbase stock ( COIN ), Cathie Wood's Ark Invest cashed in. Wood’s flagship fund, the ARK Innovation ETF ( ARKK ), bought more than 400,000 shares of the crypto exchange on Tuesday, worth over $20 million as of yesterday's close, according to a daily trade notification. The purchase came on the heels of the Securities and Exchange Commission's (SEC) lawsuit against the crypto firm, which sent shares of Coinbase lower by as much as 16%. On Wednesday, Coinbase stock rebounded by more than 3% in afternoon trading following the revelation, while shares of ARKK were down by 1%. Wood has been a longtime proponent of crypto , and Ark Invest has largely continued to build its stake in Coinbase despite increased regulatory scrutiny (though it did sell some stock last July when the SEC announced its investigation into crypto exchange). On Tuesday, Ark saw another buying opportunity as Coinbase stock took a beating after the SEC expanded its crackdown on crypto. The SEC filed a lawsuit alleging Coinbase violated securities laws by operating its crypto asset trading platform as an unregistered securities exchange, broker, and clearing agency as well as by failing to register the offer and sale of its crypto asset staking-as-a-service program. Coinbase took to Twitter to defend itself against the SEC’s allegations. Co-founder and CEO Brian Armstrong outlined several points in response to the legal action, tweeting : "The SEC and CFTC have made conflicting statements, and don't even agree on what is a security and what is a commodity." Regarding the SEC complaint against us today, we're proud to represent the industry in court to finally get some clarity around crypto rules. Remember: 1. The SEC reviewed our business and allowed us to become a public company in 2021. 2. There is no path to "come in and… — Brian Armstrong 🛡️ (@brian_armstrong) June 6, 2023 Mark Palmer, senior equity research analyst at Berenberg Capital Markets, told Yahoo Finance (video above) that the crackdown on Coinbase shouldn't have come as a surprise and that "the upshot here is that the dragnet that the SEC has put out against crypto continues." Story continues SEC comes for crypto Coinbase isn't the only big player landing in the crosshairs of federal regulators; the action by the SEC marks the second time in as many days that the agency has leveled legal charges against crypto companies. On Monday, the target was Coinbase's rival Binance. The SEC filed a complaint alleging that Binance operated illegal platforms to offer and sell crypto asset securities to US investors, among other violations. The SEC followed up its action against Binance on Tuesday evening by seeking a court order to freeze and repatriate the assets of two of its units. Cathie Wood, CEO of Ark Invest, speaks during a panel discussion at a Bitcoin Conference, April 7, 2022, in Miami Beach, Fla. (AP Photo/Rebecca Blackwell) (ASSOCIATED PRESS) Regulators have followed through with their threat of cracking down on crypto, particularly in the wake of the collapse of FTX in November 2022. At the heart of the issue, crypto players argue that tokens are not securities, whereas the SEC disagrees. "The one thing that was a bit of a twist [in the Coinbase lawsuit] is the fact that the SEC focused on 13 tokens in particular that it identified as securities that Coinbase trades," Palmer said. "Big names in there — solana, cardano, polygon, as well as 10 others that are less well known." While the enforcement actions are not "ideal," according to Moffett Nathanson Partner Lisa Ellis, they are a "necessary" step toward crypto adoption. "We've needed regulatory clarity in the United States for many years now," Ellis told Yahoo Finance Live. "And the SEC in some ways has been sort of holding the industry hostage over the last year, year and a half by sort of trickling out these enforcement actions but not having a constructive dialogue about what issues they're really concerned about or not and kind of narrowing that and moving it forward in terms of establishing the right set of regulations." 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... - 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: ['Investing.com -- Inflation data from the U.S. and the eurozone will help shape expectations for interest rates while central bankers gather in Portugal for the European Central Bank’s annual forum. Economic data out of China will also be in the spotlight as the recovery in the world’s number two economy falters, and events in Russia will also be closely watched after an attempted insurrection challenged President Vladimir Putin\'s grip on power.\nInvestors will get a fresh update on the possible future path of interest rates on Friday with the release of May data on the personal consumption expenditures price index, the Federal Reserve’s preferred inflation gauge.\nIn the 12 months through April, thePCE price indexas well as thecore ratewere still running well above the Fed’s 2% target.\nThe inflation numbers will feed into investor expectations around the central bank\'s next rate decision in July after it paused rate hikes at its June meeting but signaled that more hikes lie ahead.\nPrior to that, the latestconsumer confidencereport is due out Tuesday after the index hit a six-month low in May. June\'s index is expected to tick higher.\nTheCase-Shiller national home price indexis also due for release on Tuesday. The index climbed 0.4% in March after adjusting for seasonal fluctuations.\nThe second quarter of what has been a turbulent year so far for markets is ending. The year started with a burst of optimism over China\'s post-COVID recovery, greater resilience in the global economy; and relief that inflation could have peaked.\nSince then, a U.S. banking crisis, the collapse of Credit Suisse, and the struggle to rein in inflation has made the last six months feel like a long time in markets.\nThe hype around artificial intelligence (AI) has made Big Tech the best-performing asset of 2023, with a gain of 75%. But it\'s been difficult year for the rest of the market, other than in specific pockets such as Japanese equities and European luxury stocks.\nSurprisingly, considering the turmoil in the sector, the only asset to even come close to Big Tech\'s returns is Bitcoin, which saw a gain of 73% compared with a 20% loss in H2 2022.\nThe eurozone is to releasepreliminary inflation datafor June on Friday. And while the headline rate of inflation is expected to moderate,underlying inflationis expected to tick higher, underlining the challenge facing the ECB.\nECB President Christine Lagarde struck a more hawkish tone than expected following the bank\'s most recent policy meeting, reiterating that rates would need to be increased again in order to bring inflation down to the ECB\'s 2% target and that they "will be kept at those levels for as long as necessary."\nTraders are now betting on a July hike by the ECB and expect another move by October that would bring rates to 4%.\nInvestors will get a chance to hear from Lagarde, along with Fed Chair Jerome Powell and other global central bank heads, at a panel discussion at the ECB’s annual forum in Sintra, Portugal on Wednesday. Inflation is likely to be front and center during that exchange.\nChina is to releasepurchasing manager indexesfor June on Friday, with the data expected to add to the narrative that the recovery in the world’s second-largest economy is losing momentum.\nChina cut its key lending benchmarks last week as authorities attempted to shore up growth, but concerns about the property market meant the easing was not as large as expected.\nBad news could be taken as a positive, if traders see it as a way of pushing authorities to offer more support to the economy - as long as it eventually arrives.\nBut if hopes are running high, patience is wearing thin: Several global investment banks cut their 2023 gross domestic product growth forecasts for China after May economic data missed forecasts.\nInvestors will be keeping an eye on developments in Russia amid concerns over the potential impact on safe-haven assets such as U.S. Treasuries, and on commodities prices, after an attempted insurrection on Saturday.\nRussian mercenariesled by Yevgeny Prigozhin, a former ally of Putin and founder of the Wagner army, advanced most of the way to Moscow after capturing the city of Rostov before they abruptly halted their approach.\n"It certainly remains to be seen what happens in the next day or two, but if there remains uncertainty about leadership in Russia, investors may flock to safe havens," Gennadiy Goldberg, head of U.S. rates strategy at TD Securities in New York, told Reuters.\nGoldberg said that despite the deescalation, "investors may remain nervous about subsequent instability, and could remain cautious."\nOther analysts saw little reaction as the situation seemed defused. Rich Steinberg, chief market strategist at the Colony Group in Boca Raton, Florida, told Reuters that "markets will kind of treat this as another geopolitical risk" and "some frayed nerves were calmed in the short run" by the deescalation.\n--Reuters contributed to this report\nRelated Articles\nTop 5 things to watch in markets in the week ahead\nThai rates still low, tightening to be gradual, says central bank official\nBIS warns world economy at critical juncture in inflation fight', 'Investing.com -- Inflation data from the U.S. and the eurozone will help shape expectations for interest rates while central bankers gather in Portugal for the European Central Bank’s annual forum. Economic data out of China will also be in the spotlight as the recovery in the world’s number two economy falters, and events in Russia will also be closely watched after an attempted insurrection challenged President Vladimir Putin\'s grip on power. 1. U.S. data Investors will get a fresh update on the possible future path of interest rates on Friday with the release of May data on the personal consumption expenditures price index, the Federal Reserve’s preferred inflation gauge. In the 12 months through April, the PCE price index as well as the core rate were still running well above the Fed’s 2% target. The inflation numbers will feed into investor expectations around the central bank\'s next rate decision in July after it paused rate hikes at its June meeting but signaled that more hikes lie ahead. Prior to that, the latest consumer confidence report is due out Tuesday after the index hit a six-month low in May. June\'s index is expected to tick higher. The Case-Shiller national home price index is also due for release on Tuesday. The index climbed 0.4% in March after adjusting for seasonal fluctuations. 2. First half drawing to a close The second quarter of what has been a turbulent year so far for markets is ending. The year started with a burst of optimism over China\'s post-COVID recovery, greater resilience in the global economy; and relief that inflation could have peaked. Since then, a U.S. banking crisis, the collapse of Credit Suisse, and the struggle to rein in inflation has made the last six months feel like a long time in markets. The hype around artificial intelligence (AI) has made Big Tech the best-performing asset of 2023, with a gain of 75%. But it\'s been difficult year for the rest of the market, other than in specific pockets such as Japanese equities and European luxury stocks. Story continues Surprisingly, considering the turmoil in the sector, the only asset to even come close to Big Tech\'s returns is Bitcoin, which saw a gain of 73% compared with a 20% loss in H2 2022. 3. Eurozone inflation The eurozone is to release preliminary inflation data for June on Friday. And while the headline rate of inflation is expected to moderate, underlying inflation is expected to tick higher, underlining the challenge facing the ECB. ECB President Christine Lagarde struck a more hawkish tone than expected following the bank\'s most recent policy meeting, reiterating that rates would need to be increased again in order to bring inflation down to the ECB\'s 2% target and that they "will be kept at those levels for as long as necessary." Traders are now betting on a July hike by the ECB and expect another move by October that would bring rates to 4%. Investors will get a chance to hear from Lagarde, along with Fed Chair Jerome Powell and other global central bank heads, at a panel discussion at the ECB’s annual forum in Sintra, Portugal on Wednesday. Inflation is likely to be front and center during that exchange. 4. China PMIs China is to release purchasing manager indexes for June on Friday, with the data expected to add to the narrative that the recovery in the world’s second-largest economy is losing momentum. China cut its key lending benchmarks last week as authorities attempted to shore up growth, but concerns about the property market meant the easing was not as large as expected. Bad news could be taken as a positive, if traders see it as a way of pushing authorities to offer more support to the economy - as long as it eventually arrives. But if hopes are running high, patience is wearing thin: Several global investment banks cut their 2023 gross domestic product growth forecasts for China after May economic data missed forecasts. 5. Russia turmoil Investors will be keeping an eye on developments in Russia amid concerns over the potential impact on safe-haven assets such as U.S. Treasuries, and on commodities prices, after an attempted insurrection on Saturday. Russian mercenaries led by Yevgeny Prigozhin, a former ally of Putin and founder of the Wagner army, advanced most of the way to Moscow after capturing the city of Rostov before they abruptly halted their approach. "It certainly remains to be seen what happens in the next day or two, but if there remains uncertainty about leadership in Russia, investors may flock to safe havens," Gennadiy Goldberg, head of U.S. rates strategy at TD Securities in New York, told Reuters. Goldberg said that despite the deescalation, "investors may remain nervous about subsequent instability, and could remain cautious." Other analysts saw little react Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-25 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $593,359,535,381 - Hash Rate: 398160232.4659646 - Transaction Count: 382769.0 - Unique Addresses: 656558.0 Social & AI Sentiment: - Fear & Greed Index: 0.64 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Xapo Bank, a Gibraltar-based cryptocurrency bank backed by SoftBank, DST Global and Ribbit Capital, has announced its expansion to India, the worlds most populous nation. See related article: JPMorgan teams up with Indian banks for blockchain-based settlements: Bloomberg Fast facts Xapo Bank said on Thursday that it has started offering its full suite of crypto and financial services to Indian customers. Xapo Bank offers 4.1% annual interest on U.S. dollar deposits and 1% on Bitcoin, with daily payouts in satoshis, according to its website. The bank allows crypto-to-fiat conversions, immediate stablecoin-to-fiat exchanges, and facilitates British pound or euro transfers. Xapo Banks decision to accept members across South Asia, including India, represents an opportunity to provide our hybrid banking and investment solutions to its large underserved populations, bridging an important gap in the regions financial systems, Seamus Rocca, chief executive of Xapo Bank, said in a statement on Thursday. Attracting about US$15.5 billion in total foreign inflows between January and March this year, India, home to 1.4 billion people, presents a lucrative investment opportunity. Fitch Ratings further boosted investor confidence on Thursday by revising Indias economic growth forecast to 6.3%, up from an earlier 6%. Asias third-largest economy has also managed to put up a strong fight amid a slowing global economy. For the January to March quarter of 2023, Indias gross domestic product grew by 6.1%, while that of China , the worlds second largest economy, grew by 2.2% in January-March. However, India has been cautious with cryptocurrency trading. The South Asian nation imposes a 30% flat tax on crypto income, a 1% tax deducted at source on trades above 10,000 rupees (US$122), and forbids offsetting losses against gains. Late payment invites a 15% annual interest penalty and possible imprisonment for up to six months. See related article: India, UAE to collaborate on cross-border central bank digital currencies... - 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 an enlightening interview hosted by Justin Roberti and myself, J Rod Safdiye , at the Benzinga Crypto Unlocked virtual event, we dove deep into the future of W eb3 gaming with Jihoz , the co-founder of Axie Infinity (CRYPTO: AXS ) and Sky Mavis . The conversation spanned an array of topics,\xa0from the merits of gaming as an introduction to Web3, the fluctuations of Web3 gaming economies, to the potential of dynamic NFTs. Jihoz shared a wealth of knowledge about the rapidly evolving landscape of Web3 gaming and NFTs. Gaming as the Gateway to Web3 Jihoz believes games are the best vehicle for onboarding people to Web3. He explained, "Our thesis is that games are the best way to onboard people to Web3 because it combines something that 2\xa0billion people on this planet are familiar with." His comments during the Benzinga event underscored the importance of gaming as an entry point into the burgeoning Web3 space. See Also: Analyst Says Bitcoin Is Facing This Massive Headwind As It Hovers Above $30,000 The Ebb and Flow of Play-to-Earn Web3 Gaming Economies When queried about how the\xa0"play to earn" narrative matured during this bear market, Jihoz responded by saying, "Play to earn was a very good catchphrase and that it very simplified one of the new benefits of a Web3 gaming economy." "What I believe is that the profits and the economic opportunities in these digital economies will ebb and flow, just like Bitcoin mining profitability ebbs and flows," he articulated. His analogy between the crypto mining industry and Web3 gaming illustrated\xa0the parallel economic forces at play, further emphasizing the potential and risks, and benefits of play-to-earn games in the web3 realm. Extending the Axie Universe: A Look at Axie Infinity Homeland Shedding\xa0light on the expansion of the Axie brand, Axie\xa0now includes Axie Infinity Homeland, an immersive city-building experience set within the Axie universe. "Axie Infinity Homeland is absolutely beautiful. It\'s gorgeous, and it\'s in Alpha right now," Jihoz revealed to the Benzinga audience. Story continues See Also: JPMorgan Says Sustainable Energy Will Be A Game-Changer In Bitcoin Mining Ronin: The Future of Web3 Gaming Infrastructure On expanding the horizons of Ronin (CRYPTO:RON) , the infrastructure behind Axie Infinity, Jihoz shared that they had just announced five games from outside the Axie universe powered by Ronin. "The best Web3 gaming infrastructure will be built by the team that\'s actually built Web3 games and has successfully scaled them," he stated confidently. Speaking about the evolution of Ronin, Jihoz illustrated how their homegrown infrastructure is attracting game developers beyond Axie Infinity. "We just announced five games from outside of the Axie universe that are actually going to be built and powered by Ronin," he mentioned, signaling the increasing versatility of the platform. The North Korean Breach: Recoveries and User Restoration Reflecting on last year\'s breach by North Korean actors, Jihoz opened up about the steps taken to restore user confidence and compensate for losses. Jihoz proudly stated that all users had been fully reimbursed for their losses.\xa0"We were able to weather it, everyone was paid back fully," he assured, highlighting the importance of security in the rapidly evolving Web3 space. "One thing that\'s been really exciting is that actually, you know, up to $30 to $40 million of those funds have been recovered by different law enforcement agencies," he explained. The Future of Gaming and NFTs: Dynamic NFTs Looking ahead, Jihoz hopes to see more innovations and new mechanics that aren\'t possible in traditional gaming. "I think the question to ask is what is the major breakthrough in Web3 gaming that someone is working on right now," he pondered, suggesting the idea of dynamic NFTs, where an NFT can be altered or upgraded by player\'s efforts, as one possible future breakthrough. Looking to the future, Jihoz believes dynamic NFTs represent a significant breakthrough. "I think one idea is the idea of a dynamic NFT where you can put your time, your effort, your skill into earning, crafting materials, experience points," he shared. These dynamic elements, Jihoz suggested, could cultivate a more sustainable consumptive economy in the gaming industry. Without a doubt, Jihoz is an authority when it comes to developing projects in a Web3 environment. He has succeeded in cultivating a principled and\xa0united community, reflecting his own character. The fact that he compensated all the affected users speaks volumes about the quality of leadership found in him. Certainly, the entire crypto community will continue to benefit from the developments that Axie Infinity, Sky Mavis\xa0and Ronin have to present to us in the near future. Join Benzinga\'s Future of Crypto in NYC on Nov. 14, 2023 to stay updated on trends like AI, regulations, SEC actions & institutional adoption in the crypto space. Secure early bird discounted tickets now ! 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 . This article EXCLUSIVE: Axie Infinity\'s Co-Founder Discusses GameFi Success and Future Plans at Crypto Unlocked originally appeared on Benzinga.com . © 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.', 'In an enlightening interview hosted byJustin Robertiand myself,J Rod Safdiye, at theBenzinga Crypto Unlockedvirtual event, we dove deep into the future ofWeb3gaming withJihoz, the co-founder ofAxie Infinity (CRYPTO:AXS)andSky Mavis. The conversation spanned an array of topics,\xa0from the merits of gaming as an introduction to Web3, the fluctuations of Web3 gaming economies, to the potential of dynamic NFTs. Jihoz shared a wealth of knowledge about the rapidly evolving landscape of Web3 gaming and NFTs.\nJihoz believes games are the best vehicle for onboarding people to Web3. He explained, "Our thesis is that games are the best way to onboard people to Web3 because it combines something that 2\xa0billion people on this planet are familiar with." His comments during the Benzinga event underscored the importance of gaming as an entry point into the burgeoning Web3 space.\nSee Also:Analyst Says Bitcoin Is Facing This Massive Headwind As It Hovers Above $30,000\nWhen queried about how the\xa0"play to earn" narrative matured during this bear market, Jihoz responded by saying, "Play to earn was a very good catchphrase and that it very simplified one of the new benefits of a Web3 gaming economy.""What I believe is that the profits and the economic opportunities in these digital economies will ebb and flow, just like Bitcoin mining profitability ebbs and flows," he articulated. His analogy between the crypto mining industry and Web3 gaming illustrated\xa0the parallel economic forces at play, further emphasizing the potential and risks, and benefits of play-to-earn games in the web3 realm.\nShedding\xa0light on the expansion of the Axie brand, Axie\xa0now includes Axie Infinity Homeland, an immersive city-building experience set within the Axie universe. "Axie Infinity Homeland is absolutely beautiful. It\'s gorgeous, and it\'s in Alpha right now," Jihoz revealed to the Benzinga audience.\nSee Also:JPMorgan Says Sustainable Energy Will Be A Game-Changer In Bitcoin Mining\nOn expanding the horizons ofRonin (CRYPTO:RON), the infrastructure behind Axie Infinity, Jihoz shared that they had just announced five games from outside the Axie universe powered by Ronin. "The best Web3 gaming infrastructure will be built by the team that\'s actually built Web3 games and has successfully scaled them," he stated confidently.\nSpeaking about the evolution of Ronin, Jihoz illustrated how their homegrown infrastructure is attracting game developers beyond Axie Infinity. "We just announced five games from outside of the Axie universe that are actually going to be built and powered by Ronin," he mentioned, signaling the increasing versatility of the platform.\nReflecting on last year\'s breach by North Korean actors, Jihoz opened up about the steps taken to restore user confidence and compensate for losses. Jihoz proudly stated that all users had been fully reimbursed for their losses.\xa0"We were able to weather it, everyone was paid back fully," he assured, highlighting the importance of security in the rapidly evolving Web3 space.\n"One thing that\'s been really exciting is that actually, you know, up to $30 to $40 million of those funds have been recovered by different law enforcement agencies," he explained.\nLooking ahead, Jihoz hopes to see more innovations and new mechanics that aren\'t possible in traditional gaming. "I think the question to ask is what is the major breakthrough in Web3 gaming that someone is working on right now," he pondered, suggesting the idea of dynamic NFTs, where an NFT can be altered or upgraded by player\'s efforts, as one possible future breakthrough.\nLooking to the future, Jihoz believes dynamic NFTs represent a significant breakthrough. "I think one idea is the idea of a dynamic NFT where you can put your time, your effort, your skill into earning, crafting materials, experience points," he shared. These dynamic elements, Jihoz suggested, could cultivate a more sustainable consumptive economy in the gaming industry.\nWithout a doubt, Jihoz is an authority when it comes to developing projects in a Web3 environment. He has succeeded in cultivating a principled and\xa0united community, reflecting his own character. The fact that he compensated all the affected users speaks volumes about the quality of leadership found in him. Certainly, the entire crypto community will continue to benefit from the developments that Axie Infinity, Sky Mavis\xa0and Ronin have to present to us in the near future.\nJoin Benzinga\'s Future of Crypto in NYC on Nov. 14, 2023 to stay updated on trends like AI, regulations, SEC acti Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-26 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $587,695,160,275 - Hash Rate: 379943751.2420316 - Transaction Count: 403979.0 - Unique Addresses: 692095.0 Social & AI Sentiment: - Fear & Greed Index: 0.55 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Proving that economics is more an art than a science, Federal Reserve Chairman Jerome Powell said the central bank will "skip" a round of rising interest rates. This left market analysts to debate the meaning of the word. For the first time in over a year, the Federal Reserve has decided to stay the course by keeping rates at about 5%, breaking its streak of 10 consecutive interest rate hikes. However, Powell has left open the door to further hawkish rate increases, clarifying that he shouldnt call it a skip. What would the market think? This is an excerpt from The Node newsletter, a daily roundup of the most pivotal crypto news on CoinDesk and beyond. You can subscribe to get the full newsletter here . Despite the Feds decision to pull back on the most aggressive monetary policy strategy in the U.S. since the 1980s, stocks and crypto crumbled after the press conference. For many, Powells slip of the tongue all but guarantees the Fed will continue to raise interest rates this year, likely as early as July, in a bid to cool the economy. Powell said signs show inflation appears to be easing, finally, and will use this pause to assess the impact of the Feds strategy. I dont envy Powells job to navigate an economy out of a global pandemic, which contributed to consumer price inflation spiking to 40-year highs of over 9%, as a regional war cut the global supply of necessities like wheat and oil. But the experimental economic rejiggering at the Fed is already one for the history books. Given how far we have come, it may make sense for rates to move higher but at a more moderate pace, Powell said, confirming the Fed intends to move more slowly after a breakneck pace. Its just the idea that were trying to get this right. For many, however, Powell has already gone wrong. Its widely believed that the Feds financial engineering contributed to the collapse of three U.S. banks earlier this year including the second-largest bank failure on record in the U.S. by cratering the value of U.S. Treasury bonds. Backed by the full faith and credit of the U.S. government, Treasurys are considered the safest investment in the world. This banking distress could continue to weigh on the economy. Story continues Then there are the effects on everyday folk. According to a WalletHub survey (between May 29 and June 2) two-in-five people say Fed rate hikes are forcing them into more debt, and putting their jobs at risk. Part of the Feds strategy of cooling an overheated economy is by increasing unemployment. WalletHub projects further that the Feds cumulative rate hikes of 500 basis points will translate into consumers paying $33.4 billion in extra interest charges over the coming year. Borrowing costs are the highest in years and mortgage rates have been volatile and even if inflation has technically come down. People still report paying more than ever for groceries, healthcare, etc. Powell is at least candid about the difficulties ahead of trying to push inflation down to the Feds standard 2% target. The process of getting inflation down is going to be a gradual one, he said. Though he thinks the right conditions for that are coming into place. Whether that translates into less economic anxiety is another question. Its worth noting the stock market recently entered a bull market (as have most assets, besides crypto), which is a ringer for populist rage considering who owns the majority of stocks (i.e. not the people hurt most by higher consumer prices). See also: Bitcoin Sinks Below 25K, Altcoins Tumble, as Investors Shrug Off Fed To put a bow on this, because this is a crypto news site, there was a time when bitcoin advocates really seemed to think that government mismanagement or incompetence would drive people into the fold. If that was ever true, perhaps around when you could still call bitcoin an inflation hedge, adoption likely only happened around the margins. Bitcoin traded flat during the recent U.S. debt default debate if ever there was a time for a hedge, or a currency with a predicable issuance schedule. In the U.S., its hard to see bitcoin treated as anything more than a curiosity at least in the short term. But these things are relative. In places like Turkey and Argentina, bitcoin adoption continues to outpace those countries inflation. In other words, its a "hard money" depending on what currency youre using. I guess that's why they call economics a "soft science."... - Reddit Posts (Sample): [['u/PrimaxAUS', 'Looks like someone is targetting us with a new scam', 20, '2023-06-26 01:58', 'https://www.reddit.com/r/mtgoxinsolvency/comments/14j1gxm/looks_like_someone_is_targetting_us_with_a_new/', 'Anyone get this message?\n\n>Brace up mate ,it really sucks how these scumbags are ruining our daily experience if you have any evidence at all to prove this go message @decipherbyace on instagram I got affected by MTgox exchange wallet hack attack but I was able to recover my BTC at least when I reached out to a blockchain developer expert on instagram @ decipherbyace i suggest you reach out to him, He will help you.\n\nWas from a 6 month old account, no karma. Username kelly-clarkson', 'https://www.reddit.com/r/mtgoxinsolvency/comments/14j1gxm/looks_like_someone_is_targetting_us_with_a_new/', '14j1gxm', [['u/ValdemarrPlanB', 14, '2023-06-26 03:08', 'https://www.reddit.com/r/mtgoxinsolvency/comments/14j1gxm/looks_like_someone_is_targetting_us_with_a_new/jpj9iy6/', 'I got the same from a u/Kelly-Carlson, really transparent scam. Please no one fall for this.', '14j1gxm']]], ['u/SilverHaloWave', "What crypto enthusiasts haven't figured out yet is that their Bitcoins and shitcoins are not destined to be priced in dollars, Yuan, Yen or Euros for much longer. BRICS will cause the core values of everything to be linked to commodity monies.", 47, '2023-06-26 04:52', 'https://www.reddit.com/r/SilverDegenClub/comments/14j5626/what_crypto_enthusiasts_havent_figured_out_yet_is/', "Whether the narrative core commodity money becomes oil, gold or orange juice the dominant play will be in the commodity with the highest inelastic demand and lowest supply. I'll give you 3 guesses which commodity that is. If you can't correctly guess what that is then I have some neck lubricant to sell you so you can ease your head out of where it is currently lodged.", 'https://www.reddit.com/r/SilverDegenClub/comments/14j5626/what_crypto_enthusiasts_havent_figured_out_yet_is/', '14j5626', [['u/EndTheFed41', 17, '2023-06-26 05:05', 'https://www.reddit.com/r/SilverDegenClub/comments/14j5626/what_crypto_enthusiasts_havent_figured_out_yet_is/jpjn4ja/', 'I got shit on the other day in r/gold for saying that the soon to be new BRICS currency should be of concern for the dollar. Of all the places to get flak for that opinion - 🤦🏻\u200d♂️\n\nUnfortunately, I think a lot of people are in for a surprise coming down the road. It won’t be a fast and overnight change, but if it’s not registering on your radar, best of luck. It’s part of the reason I’m here.', '14j5626']]], ['u/AutoModerator', '[Daily Discussion] - Monday, June 26, 2023', 32, '2023-06-26 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_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\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/', '14j6j57', [['u/jonathan2827', 17, '2023-06-26 07:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpjydgw/', 'My dog just bought BTC', '14j6j57'], ['u/ubermensch012', 12, '2023-06-26 08:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpk76ix/', "Daily about to go parabolic. Weekly closed above our April high (current weekly bounced on top of it too). \n\ntook my profit from previous trade 2 weeks ago and longed the 4-hr 21ema as posted earlier\n\nhttps://www.reddit.com/r/BitcoinMarkets/comments/1485w96/daily_discussion_tuesday_june_13_2023/jnzayom/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=1&utm_term=1&context=3\n\nhttps://www.reddit.com/r/BitcoinMarkets/comments/14ic87j/daily_discussion_sunday_june_25_2023/jpiet0p/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=1&utm_term=1&context=3\n\nOnly thing that can make me flip bias is if we're to close a daily below $30k. \n\nMost alts already capitulated, so I'm extremely bullish on my shitcoins. BTC conquering $30k+ will drive some action into the market again (risk-on and dumb money fomo)", '14j6j57'], ['u/BatteredLittleFish', 20, '2023-06-26 09:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpk95wk/', 'Buying pressure is relentless, the last dip below 30k was scooped up in a matter of seconds, 30k is starting to look like the new 20k.', '14j6j57'], ['u/Yodel_And_Hodl_Mode', 15, '2023-06-26 10:45', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpkfb1o/', "> Daily about to go parabolic.\n\nI'm not seeing that. Not without a major event to serve as a catalyst.\n\nI'm not bearish at all though. I'm long term bullish, short to medium term Baltimore-ish (crab is on the menu). I won't be surprised if we see a move in either direction... but parabolic? No.", '14j6j57'], ['u/DarthVarn', 10, '2023-06-26 10:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpkfyi3/', 'Tax free event. Good boy. 🐶', '14j6j57'], ['u/ChadRun04', 22, '2023-06-26 11:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpkhxy3/', "No one is saying you're stupid. Personally I'm simply finding all this emotion from you to be strange.\n\nI have tuned into your time-frame now and understand better that you're scalping in the range when talking about downtrends etc. \n\nSeems you're making decisions mostly based on sentiment?", '14j6j57'], ['u/adepti', 15, '2023-06-26 12:54', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpkonuw/', 'I can’t help but to think if you cut off leverage trading and long short scalps all together your accounts will fare much better, your cortisol and dopamine levels might normalize again and in a few months you’ll be far more profitable with much less work just by sitting on spot longs', '14j6j57'], ['u/noeeel', 14, '2023-06-26 13:08', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpkpt6z/', 'If we stay below 31.5k for the next 3-4 weeks we will have the tightest weekly bbands since at least 2018. That means a lot of pressure emerged in the market.', '14j6j57'], ['u/Gravy_Vampire', 10, '2023-06-26 14:05', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpkv40p/', '> I’m a degen leverage trader, had trades open for less than a minute before but I’m starting to mellow as I gain experience and get older.\n\n>To me trading isn’t about how good you do the good things, it’s how much you limit yourself doing the bad things.\n\nOh wow, is the writers strike over? 😁', '14j6j57'], ['u/BootyPoppinPanda', 16, '2023-06-26 14:23', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpkwz4r/', "Just crabbing in the 25-32k range is my base case. I think it's more likely to break out of that upwards, but each time we get rejected, it's not the best look. I wouldn't count this as rejected either, just tapping on the door right now", '14j6j57'], ['u/AccidentalArbitrage', 18, '2023-06-26 14:49', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpkztmx/', "Agree with Chad on this one.\n\nFor an outside perspective, lately you seem to repeatedly try to taunt and flex on longs in here daily after the recent move up. It's puzzling. A lot of traders in here trade the daily, weekly, or longer tf charts while you're zoomed in to the 1min chart playing on leverage and you've admitted to booking losses recently. Both you in the short term, and them in the long term, can be right, so why all the back and forth?\n\nI understand your trading position, and could even be persuaded to agree with it in the (very) short term, but I don't understand the overconfident exuberance and I think that's where the downvotes are coming from. Is it a coping mechanism?\n\nEither way, good luck mate.", '14j6j57'], ['u/ImpudicusFungus', 11, '2023-06-26 18:22', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jplt8mw/', 'I think you forget that he is preaching $10k BTC which is not going to happen IMO', '14j6j57'], ['u/escendoergoexisto', 10, '2023-06-26 19:02', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jplzcad/', 'Out of boredom and belief in the Corn, I’ve been buying spot for my hodl stack on this dip…no big buys but several small ones.\n\nEdit—mostly using a Volume Weighted Average Price indicator to determine buy targets.', '14j6j57'], ['u/delgrey', 10, '2023-06-26 19:16', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpm1ka5/', 'So we doin 25k again?', '14j6j57'], ['u/comicland', 11, '2023-06-26 21:40', 'https://www.reddit.com/r/BitcoinMarkets/comments/14j6j57/daily_discussion_monday_june_26_2023/jpmnl02/', "On the road. What's going on with volume?", '14j6j57'], ['u/imissusenet', 11, '2023-06-26 22:08', 'https://www.reddit.com/r/BitcoinMar... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["Solana, Polygon, Cardano, and other tokens being dragged into the court battles by the Security and Exchange Commission (SEC) have lost 15%, or $5 billion, off their collective market capitalizations, according to a Decrypt analysis of CoinGecko data. On June 5 and June 6, the SEC filed lawsuits against Binance and Coinbase \x97two of the largest crypto exchanges in the industry. Among the charges leveled at the two exchanges were allegations they were selling unregistered securities . The industry wasted no time calling the declarations \x93 pretty unfair ,\x94 But that hasn't stopped the tokens from taking some collateral damage. SEC Claims Solana, Polygon, Cardano Are Securities in Binance Lawsuit According to the SEC\x92s lawsuits against Binance and Coinbase, a handful of cryptocurrencies were named, including: Solana (SOL), Cardano (ADA), Polygon (MATIC), Filecoin (FIL), Cosmos Hub (ATOM), The Sandbox (SAND), Decentraland (MANA), Algorand (ALGO), Axie Infinity (AXS), and COTI (COTI). On June 12, a week after the SEC lawsuits were filed, Messari Crypto published its Ecosystem Brief: Rollup Specialization report. Messari's emerging markets category, which includes many of the projects labeled securities by the SEC, showed a 25% drop since the lawsuits were filed. But a handful have already started to make a recovery. Filecoin and Algorand are both within 2% of the market capitalizations they had when the lawsuits were filed. The Cosmos ATOM token has a 5% gap to close. The rest haven't been as lucky. Binance has been suffering an especially harsh regulatory clampdown around the world, with authorities closing in on the platform in several countries. That's likely why its exchange utility token, BNB, has seen its market capitalization drop 21% in value, going from $47 billion to $37 billion since the SEC lawsuit was filed. Charles Hoskinson\x92s Cardano also saw its market capitalization plummet. The 8th largest asset on Coingecko is currently trading at $0.29, with a market cap of $10 billion\x97down 17% from when the SEC lawsuits were filed. Story continues Picking and Choosing Tokens to Prosecute Is 'Pretty Unfair,' Says Former SEC Cyber Chief Polygon has struggled the most to recover from the blow dealt by the SEC. Today it holds roughly $6 billion in market value, down 20% from the $8 billion market cap it had at the start of th emoney. The token, according to Coingecko , trades at $0.66 today. Some assets marked by Messari as emerging tokens were not included in the SEC\x92s lawsuit, but still suffered losses. Avalanche ( AVAX ), albeit one of the biggest winners in last week\x92s bullish rally, has seen its market cap drop roughly 6% since the lawsuits were filed and is currently sitting at $4.6 billion. Optimism ( OP ), on the other hand, shed 17.5% of its total market cap over the same period and was sitting at $855 million as of writing. Keep in mind, however, that despite these important drops in token prices, the crypto market has been on a bullish rally over the past week. The BlackRock Rally , so-named due to the traditional finance titan\x92s filing for a spot Bitcoin ETF last week, pushed Bitcoin, the number one cryptocurrency, over $31,000 for the first time in months, raising the tide for the majority of tokens.", "Solana, Polygon, Cardano, and other tokens being dragged into the court battles by the Security and Exchange Commission (SEC) have lost 15%, or $5 billion, off their collective market capitalizations, according to aDecryptanalysis of CoinGecko data.\nOn June 5 and June 6, the SEC filed lawsuits againstBinanceandCoinbase—two of the largest crypto exchanges in the industry. Among the charges leveled at the two exchanges were allegations they were sellingunregistered securities. The industry wasted no time calling the declarations “pretty unfair,” But that hasn't stopped the tokens from taking some collateral damage.\nSEC Claims Solana, Polygon, Cardano Are Securities in Binance Lawsuit\nAccording to the SEC’s lawsuits against Binance and Coinbase, a handful of cryptocurrencies were named, including:Solana(SOL),Cardano(ADA),Polygon(MATIC),Filecoin(FIL),Cosmos Hub(ATOM),The Sandbox(SAND),Decentraland(MANA),Algorand(ALGO),Axie Infinity(AXS), andCOTI(COTI).\nOn June 12, a week after the SEC lawsuits were filed,Messari Cryptopublished itsEcosystem Brief: Rollup Specializationreport. Messari's emerging markets category, which includes many of the projects labeled securities by the SEC, showed a 25% drop since the lawsuits were filed. But a handful have already started to make a recovery.\nFilecoin and Algorand are both within 2% of the market capitalizations they had when the lawsuits were filed. The Cosmos ATOM token has a 5% gap to close. The rest haven't been as lucky.\nBinance has been suffering an especially harsh regulatory clampdown around the world, with authorities closing in on the platform in several countries. That's likely why its exchange utility token, BNB, has seen its market capitalizationdrop21% in value, going from $47 billion to $37 billion since the SEC lawsuit was filed.\nCharles Hoskinson’sCardano also saw its market capitalization plummet. The8th largestasset on Coingecko is currently trading at $0.29, with a market cap of $10 billion—down 17% from when the SEC lawsuits were filed.\nPicking and Choosing Tokens to Prosecute Is 'Pretty Unfair,' Says Former SEC Cyber Chief\nPolygon has struggled the most to recover from the blow dealt by the SEC. Today it holds roughly $6 billion in market value, down 20% from the $8 billion market cap it had at the start of th emoney. The token, according toCoingecko, trades at $0.66 today.\nSome assets marked by Messari as emerging tokens were not included in the SEC’s lawsuit, but still suffered losses.\nAvalanche (AVAX), albeit one of the biggest winners in last week’s bullish rally, has seen its market capdroproughly 6% since the lawsuits were filed and is currently sitting at $4.6 billion. Optimism (OP), on the other hand, shed 17.5% of its total market cap over the same period and was sitting at $855 million as of writing.\nKeep in mind, however, that despite these important drops in token prices, the crypto market has been on abullish rallyover the past week. TheBlackRock Rally, so-named due to the traditional finance titan’sfilingfor a spot Bitcoin ETF last week, pushed Bitcoin, the number one cryptocurrency,over$31,000 for the first time in months, raising the tide for the majority of tokens.", 'Damus–a decentralized social media app based on the underlying Nostr protocol–will officially be removed from Apple’s App Store after failure to come into compliance with its Bitcoin tipping service.\n“Looks like we are getting removed from the appstore even after updating our app to make it clear that no digital content is getting unlocked when users are tipped,”saidDamus over Twitter on Monday. The company said it would file an appeal due to the motion against it being “misapplied.”\nDamus lets users tip their favourite content creators through “zaps”–BTC transfers over Bitcoin’s layer 2 Lightning Network. The app is built atop the Nostr protocol and its functionality is reminiscent ofTwitter’s tipping service, integrated in 2021, which included lightning as a tipping method while the company was still led by Bitcoin bull Jack Dorsey.\nTwitter Rolls Out Bitcoin Tipping Worldwide, Exploring Verified NFT Avatars\nDamus’s message from Apple claimed that optional tips and donations were permitted, but not if related to receiving digital content. “They must use in-app purchase in accordance with guideline 3.1.1,” it stated.\nThe denial was met with skepticism by Damus, Bitcoiners, and tech leaders across the board–including Jack Dorsey himself. “Tips aren’t unlocking content,” hesaidon Monday. Later,he added: "Removed from the App Store for enabling tipping to everyone in the world without the need for a bank, payment card, or government permission."\nEpic Games founder and CEO Tim Sweeney responded to the company’s announcementsaying“Apple must be stopped.”\nDorsey has previouslypraisedNostr as being one of the only two “truly censorship resistant technologies at scale” – the other being Bitcoin.\nWhen receiving two weeks notice to modify their tipping service earlier this month, Damus called Apple’s crackdown “pretty sus” given its timing. This was shortly before the company delivered a talk at the Oslo Freedom Forum about the importance of decentralized social networks based on lightning.\nDamus critics have claimed that Apple simply wants the company to “pay its 30%” for digital content sold on its platform. By contrast, Damusclaimsthere is no “30%” or “cut” involved, since the payment tech it provides is completely peer-to-peer.\n“If people can’t transact freely p2p on their platform, this has huge implications for the entire ecosystem of apps with lightning integration,” said Damus last week.', 'Damus\x96a decentralized social media app based on the underlying Nostr protocol\x96will officially be removed from Apple\x92s App Store after failure to come into compliance with its Bitcoin tipping service. \x93Looks like we are getting removed from the appstore even after updating our app to make it clear that no digital content is getting unlocked when users are tipped,\x94 said Damus over Twitter on Monday. The company said it would file an appeal due to the motion against it being \x93misapplied.\x94 Damus lets users tip their favourite content creators through \x93zaps\x94\x96BTC transfers over Bitcoin\x92s layer 2 Lightning Network. The app is built atop the Nostr protocol and its functionality is reminiscent of Twitter\x92s tipping service , integrated in 2021, which included lightning as a tipping method while the company was still led by Bitcoin bull Jack Dorsey. Twitter Rolls Out Bitcoin Tipping Worldwide, Exploring Verified NFT Avatars Damus\x92s message from Apple claimed that optional tips and donations were permitted, Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-27 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $588,824,802,300 - Hash Rate: 364329624.4786604 - Transaction Count: 434858.0 - Unique Addresses: 707936.0 Social & AI Sentiment: - Fear & Greed Index: 0.59 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Good morning. Here’s what’s happening: Prices:If bitcoin manages to stay past $30K, we might get another leg up, says one analyst. Insights:Japan's recent amendment to exclude unrealized gains of self-issued cryptocurrency from taxation promotes a healthy environment for crypto startups. This continued trend of regulatory adaptability has earned praise from stakeholders. CoinDesk Market Index (CMI) 1,242 +3.5▲0.3% Bitcoin (BTC) $30,535 −19.9▼0.1% Ethereum (ETH) $1,901 +24.8▲1.3% S&P 500 4,348.33 −33.6▼0.8% Gold $1,935 +16.1▲0.8% Nikkei 225 32,781.54 −483.3▼1.5% BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC) [["1,242", "+3.5\u25b20.3%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$30,535", "\u221219.9\u25bc0.1%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,901", "+24.8\u25b21.3%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,348.33", "\u221233.6\u25bc0.8%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,935", "+16.1\u25b20.8%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["32,781.54", "\u2212483.3\u25bc1.5%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}] ETF Optimism is Powering Bitcoin's Continued Rally Bitcoin and ether are both off to a strong start as the week begins in Asia. The world’s largest digital asset is still above the $30K mark, while ether is up 1.3% to $1,901. Analysts say that this mini-bull market, which has followed multiple applications for spot bitcoin ETFs, is pushing BTC and ETH to some of itsstrongest weekly gains since March. CoinDesk Indices’Bitcoin Trend Indicator (BTI)shows the asset is in a “significant uptrend” with its price gaining 15.6% during the last week and 17% over the last 14 days. “Last week, we noted how the market looked strong for mid to long-term opportunities, and Bitcoin was likely to be in the spotlight,” BitBull Capital’s Joe DiPasquale said in a note to CoinDesk. “This week we saw Bitcoin breaking through the $30K resistance and managing to stay above it despite volatility.” DiPasquale sees continued growth across the market in the coming weeks, but also volatility. “On the flip side, alts are now also starting to rally. But the market is likely to remain volatile in the coming weeks,” he said. “If Bitcoin manages to stay above $30K for long, we may see another leg up. On the downside, $27K now remains strong support.” Data from CoinGlassshows that over the weekend, traders with short positions had a slight edge. In the past 24 hours, there were $9.5 million in liquidated long positions and $7.10 in liquidated short positions. Open interest is up to $14.6 billion from $11.7 billion at the start of last week. The Securities and Exchange Commission (SEC) hasn’t indicated when it intends to announce a decision on thebitcoin ETFs from BlackRock, Invesco and WisdomTree. Many are optimistic that the inclusion of asurveillance-sharing agreementwould be enough to make the SEC comfortable enough to approve it, much like how the Ontario Securities Commission wanted a mature crypto custodian sectorbefore it approved the first bitcoin ETFsto be listed in Toronto in 2021. Until then, the question is: how high will bitcoin go? [{"Asset": "Terra", "Ticker": "LUNA", "Returns": "+5.4%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Polkadot", "Ticker": "DOT", "Returns": "+3.7%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Avalanche", "Ticker": "AVAX", "Returns": "+3.1%", "DACS Sector": "Smart Contract Platform"}] [{"Asset": "Decentraland", "Ticker": "MANA", "Returns": "\u22122.4%", "DACS Sector": "Entertainment"}, {"Asset": "Loopring", "Ticker": "LRC", "Returns": "\u22121.4%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Bitcoin", "Ticker": "BTC", "Returns": "\u22120.3%", "DACS Sector": "Currency"}] Crypto-Friendly Japan Recent Tax Moves Keep It at the Forefront of Regulatory Policy Over the weekendCoinDesk Japan reportedthat the National Tax Agency of Japan has amended the nation’s tax law to exclude unrealized gains of self-issued cryptocurrency from taxation. This is a huge relief for crypto startups that issue their own tokens. Before the change, the Japanese tax law required corporations to pay taxes on unrealized gains from their cryptocurrency holdings at the end of each fiscal year, irrespective of whether those gains had been realized or not. In short, if a company was holding a token and its value increased within the fiscal year, the company had to pay taxes on the increased value (the unrealized gain), even if it hadn't sold the cryptocurrency (i.e., hadn't "realized" the gain). This law applied to all types of cryptocurrencies, whether self-issued by the company or not. Taxing unrealized gains isn’t a policy that’s conducive to building a dynamic, successful environment for entrepreneurship.Norway tried it, and it led to an exodus. But having taxes on the unrealized gains of a token is particularly detrimental to the crypto industry as developers and other team members are often heavily compensated in these tokens to compensatefor the inherent risk of the industry – with its tremendous ups and downs. For Japan, this is another smart public policy move that has identified a problem and built a specific, crypto-native solution. “What we see in Japan is a very clear taxonomy for digital assets,” Rahul Advani, Ripple’s policy lead for Asia, said in a recent interview withCoinDesk. "Regulators are now looking beyond just money laundering and terrorist financing. They're looking at capital, they're looking at bank exposures, and a very important part of that is market integrity but also consumer protection." Japan has been an early adopter of cryptocurrency rules and established regulations and standards for crypto exchanges, Advani explained, praisingthe nation’s laws regarding the segregation of customer funds on exchanges. For example, despite the global bankruptcy of FTX, its Japanese subsidiary, FTX Japan, appears poised to pay its customers in full, largely due to Japan's careful regulation of crypto exchanges.It was the safest place to be a customerof Sam Bankman-Fried’s. “Japan has in its bankruptcy laws, [a priority for] exchange customers above other creditors,” he said. “So that's one reason why exchange customers were able to be made whole before other creditors." Now, in contrast, none of this is happening in the U.S. Sure, given existing rules about capital gains in the U.S. it's unlikely that tokens issued by crypto companies would be taxed. But there’s no specific rules to say that this won’t happen. The U.S. Securities and Exchange Commissionwon’t even give guidanceon how it determines if something – like the issued tokens at the center of this – is or isn’t a security. If the SEC won’t even advise voluntarily, good luck getting any other sort of policy development in the U.S. European Central Bank Forum for Central Banking Point Zero Forum 1 p.m. HKT/SGT(5 a.m. UTC):Japan Leading Economic Index (April) In case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV: Bitcoin Clings to $30K; Nevada Regulator Says Prime Trust Has 'Shortfall of Customer Funds' Bitcoin (BTC) has seen a 20% price gain since last Thursday, but could now take a breather.21.coco-founder and CEO Hany Rashwan shares\d his crypto markets analysis. This comes as the Nevada Department of Business and Industry said crypto custody firm Prime Trust has "a shortfall in customer funds" and was unable to meet all withdrawal requests this month. Separately, Rajeev Bamra, Moody’s Investors Service SVP, DeFi and Digital Assets, weighed in on the state of U.S. crypto regulation. And, Casa CEO Nick Neuman explained why the cryptocurrency self-custody firm historically focused exclusively on the Bitcoin blockchain has added support for Ethereum. Soccer Franchise FC Barcelona Scores World of Women for Upcoming NFT Release:Empowerment, the second NFT in the football club’s ten-piece Masterpiece collection, is a one-of-one created in collaboration with World of Women that pays tribute to Spanish player Alexia Putellas. Influencer Formerly Associated with Azuki Postpones NFT Drop After Plagiarism Accusations:Pseudonymous NFT researcher and artist Elena admitted to tracing other pixel art to pad out her upcoming collection Atomic Ordinals. Coinbase Loses Market Share in Ether Staking as Regulatory Pressure Mounts:The exchange’s share in ETH staking dropped to 9.7%, the lowest since May 2021. The SEC sued the company in June for offering unregistered securities. 2020 Twitter Hacker Sentenced to 5 Years on Crypto Theft, SIM Swapping Scheme:The “Twitter hacker” plundered nearly $1 million from victims of his elaborate online schemes. Coinbase Wins Supreme Court Ruling in Arbitration Lawsuit:The company's clear legal victory in the U.S. high court isn't about crypto, but it could play into future court disputes for all businesses.... - Reddit Posts (Sample): [['u/Valenalgo', "Looks like the situation isn't very bad, we shouldn't panic", 26, '2023-06-27 00:00', 'https://www.reddit.com/r/HaruInvest/comments/14jupeu/looks_like_the_situation_isnt_very_bad_we/', "It's bad but it could be a lot worse.\n\nWhile there wasn't any hard fact or numbers in their last email, they assured us one important thing in that, they are retrieving all the assets from all their trading firms, and once its done they will distribute it to the customers, likely with a haircut. (Hopefully above 70-80%)\n\nMost other companies in similar situations did two different things:\n\n\\- Announced formal bankruptcy (Celsius, Voyager, BlockFi)\n\nThis is a very bad way imo, because they dollarize all the assets at the bankruptcy filing date, and customers will get a percentage of that.\n\nIt is bad because: When Celsius went bankrupt BTC price was around 18000, so a customer who had 1 BTC there will receive only around 50-70% of that 18000 $ after the case, the customer will lose not only the haircut but also any asset appreciation.\n\nIt takes a lot of time, Mtgox customers still waiting for their money after 10 years.\n\n\\- The other way is an early withdrawal option with a haircut.\n\nThis is what Inlock did too, after a few months they gave customers an option to choose the haircut and withdraw their crypto.\n\nLooks like from the email that Haru will go this way too.\n\nIs this good? Of course not. If I could choose I want back 100% of my assets.\n\nBut I would rather get back 70% of my crypto in a few months, than 70% of the dollar of the current crypto price 5 years later.", 'https://www.reddit.com/r/HaruInvest/comments/14jupeu/looks_like_the_situation_isnt_very_bad_we/', '14jupeu', [['u/mykeys71', 14, '2023-06-27 00:13', 'https://www.reddit.com/r/HaruInvest/comments/14jupeu/looks_like_the_situation_isnt_very_bad_we/jpnalw3/', 'Well said, this is the same way I’m interpreting it. I truly feel much better about things with this statement from Hugo “We have yet to find that any assets managed by the internal asset management team and other asset managing partners have incurred losses.”', '14jupeu'], ['u/Valenalgo', 11, '2023-06-27 01:29', 'https://www.reddit.com/r/HaruInvest/comments/14jupeu/looks_like_the_situation_isnt_very_bad_we/jpnkuey/', "Haru's operation looks more like a failure than a scam, compared to Celsius that obviously looks like a Ponzi.\n\nThere is always a possibility that they scammed us, then their emails are meaningless.\n\nBut Korea is very strict to crypto, if Haru built on fraud I doubt they will let the Haru team run free, unlike how the USA let Mashinsky free.", '14jupeu']]], ['u/wtfCraigwtf', 'Bitcoin Cash (BCH) up 120% in the past week, why?', 81, '2023-06-27 00:32', 'https://www.reddit.com/r/btc/comments/14jvj4z/bitcoin_cash_bch_up_120_in_the_past_week_why/', 'There are a variety of reasons why BCH is showing massive price appreciation:\n\n* EDX exchange launched with big liquidity from insider Wall Street hedge funds\n* EDX will only support BCH, LTC, ETH, and BTC\n* Short covering after YEARS of downward price manipulation\n* Promising developments in BCH ecosystem like CashTokens\n* Rumors that "Chinese miners are back"\n* BCH hashrate effectively tripled in the past week\n* Other forked coins are also pumping somewhat\n* Lightning acknowledged as a failure by many hardcore Maxies\n* BCH gaining recognition as the closest thing to Satoshi\'s whitepaper concept\n* Merchants accepting BCH continually growing\n* $500k re-purchase by the SmartBCH foundation\n\nWhat\'s remarkable about BCH\'s rise is that Tether supply hasn\'t increased at all. This means it\'s most likely organic price appreciation, rather than another rigged Tether pump-and-dump. There seems to be a large influx of new Reddit bot accounts, so perhaps a huge FUD campaign is being prepared? For the time being everything just seems to be getting downvoted to hell :(.', 'https://www.reddit.com/r/btc/comments/14jvj4z/bitcoin_cash_bch_up_120_in_the_past_week_why/', '14jvj4z', [['u/wtfCraigwtf', 25, '2023-06-27 00:34', 'https://www.reddit.com/r/btc/comments/14jvj4z/bitcoin_cash_bch_up_120_in_the_past_week_why/jpndesn/', 'BCH hashrate at 4Eh/s, price target currently around $350', '14jvj4z'], ['u/MobTwo', 29, '2023-06-27 00:54', 'https://www.reddit.com/r/btc/comments/14jvj4z/bitcoin_cash_bch_up_120_in_the_past_week_why/jpng51j/', "> There seems to be a large influx of new Reddit bot accounts, so perhaps a huge FUD campaign is being prepared?\n\nDon't worry. I am always here and very eager and very enthusiastic into taking down the bots and trolls.", '14jvj4z'], ['u/FearlessEggplant3036', 21, '2023-06-27 01:13', 'https://www.reddit.com/r/btc/comments/14jvj4z/bitcoin_cash_bch_up_120_in_the_past_week_why/jpnir9i/', 'More buyers than sellers.\n\nAlso likely shorters saw the "obvious" pattern that BCH would go further down, and now they are fked and trying to cover, while very few owners of BCH are interested in selling their coins cheaply. After seeing how fast Bitcoin-Core could go up, why settle for a few percent profit. BCH is equally scarce and has actual utility due to onchain scaling and cheap fees.', '14jvj4z'], ['u/iamthinksnow', 23, '2023-06-27 01:36', 'https://www.reddit.com/r/btc/comments/14jvj4z/bitcoin_cash_bch_up_120_in_the_past_week_why/jpnltjl/', 'Also likely that some exchanges sold customers BCH when deposited instead of storing it, and now realize they might need to get it back.\n\nOR\n\nExchanges never actually purchased BCH when customers gave them money to buy it, instead just incrementing a counter in their account and saying, "Yup, you\'re all set." It\'s a trick some stock brokerages pull, too.', '14jvj4z'], ['u/_____tomatillos_____', 11, '2023-06-27 03:38', 'https://www.reddit.com/r/btc/comments/14jvj4z/bitcoin_cash_bch_up_120_in_the_past_week_why/jpo1fmn/', "it's just been too undervalued for too long. The recent news was just a catalyst for re-evaluation.", '14jvj4z'], ['u/jimmycryptso', 12, '2023-06-27 08:38', 'https://www.reddit.com/r/btc/comments/14jvj4z/bitcoin_cash_bch_up_120_in_the_past_week_why/jpow8zh/', 'Hash rate follows the price, not the other way around.', '14jvj4z']]], ['u/Top_Classroom_8247', 'My cold wallet and seed phase was stolen', 32, '2023-06-27 02:15', 'https://www.reddit.com/r/Bitcoin/comments/14jxzby/my_cold_wallet_and_seed_phase_was_stolen/', "Left my wallet and seed at my parents house In what I thought was a safe place. They had a family/friend get together the other week and both are now gone. I stupidly had them both together in a old tin. I can see my Bitcoin was transfered somewhere else and no one will admit to doing it. Was only a few hundred dollars. But, I'm devastated. Anyway I can get this back?\n\nEdit: I meant seed phrase in the headline*", 'https://www.reddit.com/r/Bitcoin/comments/14jxzby/my_cold_wallet_and_seed_phase_was_stolen/', '14jxzby', [['u/Alarming-Restaurant9', 27, '2023-06-27 02:19', 'https://www.reddit.com/r/Bitcoin/comments/14jxzby/my_cold_wallet_and_seed_phase_was_stolen/jpnrg72/', 'The key phrase here is . It was only a\nCouple hundred dollars . You can literally make that up by working 70 hours in 1 week at an entry level job', '14jxzby'], ['u/1025scrap', 19, '2023-06-27 02:44', 'https://www.reddit.com/r/Bitcoin/comments/14jxzby/my_cold_wallet_and_seed_phase_was_stolen/jpnuls3/', 'Just view it as a lesson learned my guy👍', '14jxzby'], ['u/Crumbs4you', 89, '2023-06-27 03:00', 'https://www.reddit.com/r/Bitcoin/comments/14jxzby/my_cold_wallet_and_seed_phase_was_stolen/jpnwno7/', 'no difference than someone stole your wallet with cash inside', '14jxzby'], ['u/Successful_Bird8616', 44, '2023-06-27 03:19', 'https://www.reddit.com/r/Bitcoin/comments/14jxzby/my_cold_wallet_and_seed_phase_was_stolen/jpnz513/', 'It should be easy to ID the culprit with some research. Any guest would have to have some knowledge of bitcoin to recognize 12 words on a peice of paper as valuable. Any others would be clueless. Find out who among them owns bitcoin then destroy their reputation.', '14jxzby'], ['u/dubyasquared', 40, '2023-06-27 04:53', 'https://www.reddit.com/r/Bitcoin/comments/14jxzby/my_cold_wallet_and_seed_phase_was_stolen/jpoaq5a/', "What address was it transferred to, an exchange?\n\nI'd still file a police report. I mean fuck them, try to make their life miserable. They might be dumb and send to a KYC exchange.", '14jxzby'], ['u/dima054', 14, '2023-06-27 06:59', 'https://www.reddit.com/r/Bitcoin/comments/14jxzby/my_cold_wallet_and_seed_phase_was_stolen/jponuby/', '1. Nice family\n2. Fuck them\n3. Report to police', '14jxzby'], ['u/Aerith_Gainsborough_', 20, '2023-06-27 07:33', 'https://www.reddit.com/r/Bitcoin/comments/14jxzby/my_cold_wallet_and_seed_phase_was_stolen/jpoqt8s/', 'Big assumption you are making here: a first world citizen.', '14jxzby'], ['u/Skrilllll', 12, '2023-06-27 09:47', 'https://www.reddit.com/r/Bitcoin/comments/14jxzby/my_cold_wallet_and_seed_phase_was_stolen/jpp1fho/', 'Exactly. This is even worse considering that someone had to perfectly type in a transaction address after obtaining access through a private key. (Instead of quickly looking around, and just stealing a piece of paper currency)\n\nAbsolutely terrible people, and dumb too. OP you really need to find a creative way on how to prove to your parents that it was them. If I was your dad and I believed you, I would NEVER allow these low-life piece of filth to enter my house ever again. This is where ChatGPT might come in handy to kickstart the generation on some potential creative ideas/solutions to get back at them.', '14jxzby'], ['u/Skrilllll', 15, '2023-06-27 09:56', 'https://www.reddit.com/r/Bitcoin/comments/14jxzby/my_cold_wallet_and_seed_phase_was_stolen/jpp22ng/', '> Find out who among them owns bitcoin then destroy their reputation.\n\nDestroy your enemies totally, never leave room for your enemies to retaliate or recover.', '14jxzby'], ['u/nkors... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin rose on Wednesday morning in Asia as all top 10 cryptocurrencies traded higher after strong gains on Wall Street amid signs the U.S. economy is in stronger shape than expected. Additionally, more traditional financial institutions are venturing into the U.S. digital asset industry, with asset manager Fidelity reportedlypreparingfor a spot Bitcoin exchange-traded fund (ETF) application.\nBitcoin climbed 1.3% to US$30,606 over the last 24 hours to 7:10 a.m. in Hong Kong, according todatafrom CoinMarketCap. The world’s largest cryptocurrency by market capitalization is up 8.51% over the past seven days.\nEther rose 1.63% to US$1,887 for a gain of 5.61% for the week.\nAll top 10 non-stablecoin cryptocurrencies traded higher, with Polygon leading the gains on a 3.26% jump and a 5.96% weekly gain.\nFidelity is close to filing an application for a spot Bitcoin ETF in the U.S., The Block news sitereportedon Tuesday, citing a source familiar with the matter. This follows a wave of U.S. spot Bitcoin ETF applications submitted by asset managers this month, includingBlackRock,WisdomTree, Invesco and Bitwise, indicating institutions are confident in the profit potential in digital assets.\nHowever, all the applications will need approval from the Securities and Exchange Commission and Fidelity’s previous attempt to offer a spot Bitcoin ETF in the U.S. in 2021 was rejected. It did howeverlaunchtheFidelity Advantage Bitcoin ETFin Toronto, Canada, in December 2021. The ETF has risen 75% since the beginning of this year.\nInvestors are also reacting to reports HSBC, one of the world’s top 10 banks, is reportedlyofferingBitcoin and Ether futures ETFs on its investment platform for bank customers in Hong Kong.\nHSBC did not respond to requests seeking clarification on exactly when the products became available to clients as they were listed on the Hong Kong stock exchange in December. However, the development is seen as significant as the bank has traditionally beenfrostytoward cryptocurrencies, preventing clients from transferring funds from HSBC accounts directly to crypto exchanges.\n“Although these crypto ETFs [in Hong Kong] are based on CME futures and are not physically backed like many of the [exchange traded products] in Europe, this is certainly very positive news for investors in the region who want to get regulated exposure to price movements in Bitcoin and Ethereum,” Bradley Duke, co-CEO at Europe-based ETC Group, said in an emailed statement.\nThe total cryptocurrency market cap rose 1.21% to US$1.19 trillion, with trading volume dropping 8.08% to US$35.49 billion, according to CoinMarketCap data.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the non-fungible token (NFT) market, theForkast 500 NFT indexdipped 0.79% to 2,876.23 in the 24 hours to 8:30 a.m. in Hong Kong. The index is down 0.72% for the week.\nThe decline was mainly driven by the Forkast ETH NFT Composite, which fell 1.54%, said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News.\n“This may reflect traders selling their existing assets to buy the newAzuki Elementalscollection,” Petscher added. “It also reflects a major sell-off in the mainAzukiandBeanzcollections, as traders had been buying those in order to have a shot at the [Elementals] presale [on Tuesday].”\nNFT trading volume on Ethereum jumped 307% to US$67.19 million over the past 24 hours, while volume on the Bitcoin network fell 81.61% to US$1.56 million, according to CryptoSlamdata.\n“As expected, Azuki exploded and gave Ethereum its biggest day of sales volume of the year,” Petscher said, adding that with wash trades removed, it should be the most sales since May 2022 whenOtherdeedsNFTs were minted.\nNotably, CryptoSlam’s top four collections by trading volume are all Azuki-related collections. The new Azuki Elemental Beans collection saw total transactions of about US$36.36 million with the new Azuki Elementals recording US$4.87 million.\n“It’s worth noting that these big volume days may be healthy, but big mints also extract liquidity from the ecosystem,” PetschersaidTuesday on Twitter. “Will we see some big secondary sales that then flow back into existing projects or will this be another cycle of liquidity being extracted?”\nAsia equity markets were mixed on Wednesday morning following Wall Street’s overnight rally mainly driven by reboundinghome salesand strengthenedconsumer confidence.\nHowever, U.S. stock futures edged lower as of 10:50 a.m. in Hong Kong. Dow Jones Industrial Average futures dipped 0.04%, S&P 500 futures slipped 0.16%, and Nasdaq Futures dropped 0.36%.\nIn China, profits at industrial firms sank 18.8% in the first five months of this year, on the back of a slowing post-Covid economic recovery, according to officialdatareleased Wednesday.\nPremier Li Qiangsaidat the so-called Summer Davos Forum on Tuesday in China that the country was still on track to hit its annual growth target of around 5%. “GDP grew by 4.5% in the first quarter year-on-year, and is expected to expand faster in the second quarter than in the first,” Li said.\nElsewhere in the region, South Korea’s consumer sentiment indexclimbedin June to beat expectations and reach the highest since May last year.\nIn Australia inflation eased more than expected in May. Its monthly consumer price indicator rose 5.6% in the 12 months to May, the smallest increase since April 2022, the Australian Bureau of Statistics (ABS)datashowed Wednesday\n“While prices have kept rising for most goods and services, many increases were smaller than we have seen in recent months,” Michelle Marquardt, head of prices statistics at the ABS, said in a Wednesdaystatement.\nWhile the economic indicators out of the U.S. this week showed the economy is holding up despite inflation and higher interest rates, investors will hear more from Federal Reserve Chairman Jerome Powell when he speaks at events in Europe. Last week he said there may be more rate increases this year in the U.S.\nPowell will speak at the European Central Bank Forum in Sintra, Portugal, on Wednesday and again on Thursday at the Banco de España Fourth Conference on Financial Stability in Madrid, Spain.\nU.S. interest rates are now between 5% and 5.25%, the highest since 2006. The CME FedWatch Toolpredictsa 76.9% chance for another 25-basis-point rate hike, and a 23.1% chance the Fed will leave rates unchanged at the next meeting on July 26.\n(Updates to add South Korea data in equities section.)', 'Bitcoin rose on Wednesday morning in Asia as all top 10 cryptocurrencies traded higher after strong gains on Wall Street amid signs the U.S. economy is in stronger shape than expected. Additionally, more traditional financial institutions are venturing into the U.S. digital asset industry, with asset manager Fidelity reportedly preparing for a spot Bitcoin exchange-traded fund (ETF) application. All top 10 cryptos rise Bitcoin climbed 1.3% to US$30,606 over the last 24 hours to 7:10 a.m. in Hong Kong, according to data from CoinMarketCap. The world’s largest cryptocurrency by market capitalization is up 8.51% over the past seven days. Ether rose 1.63% to US$1,887 for a gain of 5.61% for the week. All top 10 non-stablecoin cryptocurrencies traded higher, with Polygon leading the gains on a 3.26% jump and a 5.96% weekly gain. Fidelity is close to filing an application for a spot Bitcoin ETF in the U.S., The Block news site reported on Tuesday, citing a source familiar with the matter. This follows a wave of U.S. spot Bitcoin ETF applications submitted by asset managers this month, including BlackRock , WisdomTree , Invesco and Bitwise, indicating institutions are confident in the profit potential in digital assets. However, all the applications will need approval from the Securities and Exchange Commission and Fidelity’s previous attempt to offer a spot Bitcoin ETF in the U.S. in 2021 was rejected. It did however launch the Fidelity Advantage Bitcoin ETF in Toronto, Canada, in December 2021. The ETF has risen 75% since the beginning of this year. Investors are also reacting to reports HSBC, one of the world’s top 10 banks, is reportedly offering Bitcoin and Ether futures ETFs on its investment platform for bank customers in Hong Kong. HSBC did not respond to requests seeking clarification on exactly when the products became available to clients as they were listed on the Hong Kong stock exchange in December. However, the development is seen as significant as the bank has traditionally been frosty toward cryptocurrencies, preventing clients from transferring funds from HSBC accounts directly to crypto exchanges. Story continues “Although these crypto ETFs [in Hong Kong] are based on CME futures and are not physically backed like many of the [exchange traded products] in Europe, this is certainly very positive news for investors in the region who want to get regulated exposure to price movements in Bitcoin and Ethereum,” Bradley Duke, co-CEO at Europe-based ETC Group, said in an emailed statement. The total cryptocurrency market cap rose 1.21% to US$1.19 trillion, with trading volume dropping 8.08% to US$35.49 billion, according to CoinMarketCap data. Azuki Elementals NFTs take off The indexes are proxy measures of the performance of the global NFT market. They are managed by CryptoSlam , a sister company of Forkast.News under the Forkast.Labs umbrella. In the non-fungible token (NFT) market, the Forkast 500 NFT index dipped 0.79% to 2,876.23 in the 24 hours to 8:30 a.m. in Hong Kong. The index is down 0.72% for the week. The decline was mainly driven by the Forkast ETH NFT Composite, which fell 1.54%, said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News. “This may reflect traders selling their existing assets to buy the new Azuki Elementals collection,” Petscher added. Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-28 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $591,449,414,062 - Hash Rate: 280545974.4417444 - Transaction Count: 331278.0 - Unique Addresses: 627350.0 Social & AI Sentiment: - Fear & Greed Index: 0.62 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: As we approach the halfway mark for 2023, the year has been difficult to characterize for both equities and digital assets. Ongoing debates about the macroeconomic picture, both at home and internationally, have analysts wondering when the next shoe will drop. In March, when I wrote about theU.S. banking crisis, digital assets were rallying to annual highs, touted as a safe-haven asset and hedge against financial Armageddon. Since then, almost any meaningful headline has been shrugged off as unimportant. In the face of bank instability, the ongoing war between Russia and Ukraine, a 25-basis-point rate hike in May, a looming global recession and the U.S. debt-ceiling fight (that may or may not be resolved), digital assets (and equities) have seemingly lost interest in all conventional narratives that would normally spark a reaction from investors. In trading terms, both realized and implied volatility have drifted into all-time-low territory. Bitcoin’s (BTC) range over the past two weeks has been reduced to 6.3% with 30-day realized volatility at 42.1 (4th percentile on a one-year lookback) and ether (ETH) stuck in a narrow 7.1% range, with 30-day realized vol at 41.9 (1st percentile over a one-year lookback). You’re readingCrypto Long & Short, our weekly newsletter featuring insights, news and analysis for the professional investor.Sign up hereto get it in your inbox every Wednesday. To take advantage of the ever-decreasing volatility in digital assets, traders are pressing short vol bets, wagering that the current conditions will persist, and with major market makers likeJane Street and Jump Capital reportedly slowing their crypto trading, maybe they are right. But can it really be that simple? “Sell volatility in May and go away?” Or are investors ignoring meaningful signals that could push bitcoin and ether out of their recent boundaries? The June 1 debt-ceiling deadline emerged recently as the obvious candidate for a binary volatility event. And for good reason: A default would send shockwaves through markets worldwide. In response to the uncertainty around this, bond markets have been pricing in risks, with 2- and 30-year Treasury yields rising sharply in May. And the U.S. Dollar Index (DXY) has initiated a strong double bottom rally off the 101.0 level. Typically, holding above this level hasn’t been good for bitcoin. A simple look at the chart below gives some perspective on the inverse correlation between bitcoin and DXY. Suffice to say, the recent calm in bitcoin and ether volatility should not lull market participants into a false sense of security. As the winds of macroeconomic change continue to blow, and underappreciated narratives start to play out, we could witness the sharp return of volatility that these assets are known for. If the “higher for longer” narrative continues to play out, expect a sticky dollar index above 101, and ongoing pressure for digital assets as investors navigate these murky waters.... - Reddit Posts (Sample): [['u/RuneW007', 'what altcoin is your "lottery ticket" for the next bullrun?', 75, '2023-06-28 00:51', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/', 'This subreddit seems to always give the solid advice of staying with the fundamentals when it comes to investing in cryptocurrencies, particularly Bitcoin and Ethereum. And I mostly listen to this advice but I have bought myself some "lottery ticket" altcoins that i\'m betting on for the next bullrun.\n\nI\'m looking at Holo and Hbar as my 2 tickets in the lottery, these coins had a great last bullrun and i\'m really confident in what these projects have to offer. Hbar is the coin with the most hype between the 2 but Holo is a fairly unknown coin that I really see having a great future. This is only a small percentage of my funds, so i\'m still being responsible. The other amount of my funds is going straight to Bitcoin and a bit of Eth.\n\nWho knows, maybe in 5 years from now, I will be driving in a lambo with license plate "Holo".', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/', '14ks8ey', [['u/Odlavso', 77, '2023-06-28 00:55', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jps9orh/', '> this subreddit seems to always give solid advice. \n \nYou might have posted this in the wrong sub', '14ks8ey'], ['u/Elegant_Tale_3929', 29, '2023-06-28 00:55', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jps9roj/', 'XRP and Atom', '14ks8ey'], ['u/meeleen223', 17, '2023-06-28 00:57', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jps9yo8/', "Moons, \n\nMoons only need like $100m mcap for $1 and $1b thats 1/6 of Safemoon's ath mcap and 1/6 of Shib bear market mcap for $10\n\nWith banner renting in bullrun being highly sought, amas burning, new proposals incoming for more burns, future big exchanges listings, number of Moons distributed to users dropping by 2.5% each round making Moons harder to earn and scarcer, we went from 1.6m moons distributed at peek of last bullrun to 980k now\n\nOnce stories get out of people making big $ all from posting on reddit, media hype that will snowball into waves of people joining the sub making Moons viral, we've seen power of reddit and subs like wsb go viral\n\nWe've also seen shittiest of coins go x10 in a bullrun and Moons have real potential", '14ks8ey'], ['u/Ashman3842278', 65, '2023-06-28 00:59', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsadat/', 'Loopring / Matic', '14ks8ey'], ['u/Ill-Sandwich-7703', 10, '2023-06-28 01:04', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsb1gi/', 'LRC. I still believe.', '14ks8ey'], ['u/JuanCruz1994', 31, '2023-06-28 01:07', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsbd9l/', 'Link', '14ks8ey'], ['u/Onnimation', 36, '2023-06-28 01:09', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsbqr4/', "Don't sleep on ADA", '14ks8ey'], ['u/risingcrow1o1', 102, '2023-06-28 01:11', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsc0k0/', 'Ya boy too old for this, I’m holding ETH', '14ks8ey'], ['u/Calm-Cartographer677', 31, '2023-06-28 01:12', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsc2aw/', 'Shill your altcoins lads.', '14ks8ey'], ['u/liveaskings', 29, '2023-06-28 01:13', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsc8rp/', "I literally lol'd when I read that part", '14ks8ey'], ['u/falk_lhoste', 12, '2023-06-28 01:14', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpscb5e/', "I'm still tired of my lottery ticket from the last bull: Algorand. \n\nGotta stay away from lottery tickets and play it more conservative this round.", '14ks8ey'], ['u/poptippp', 10, '2023-06-28 01:16', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpscot8/', 'I feel ya.', '14ks8ey'], ['u/_thewoodsiestoak_', 10, '2023-06-28 01:23', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsdmyt/', 'My man.', '14ks8ey'], ['u/LocksmithAware4210', 21, '2023-06-28 01:28', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsec31/', 'The fact that everyone is hating it makes me like it', '14ks8ey'], ['u/Popular_Worry_9294', 28, '2023-06-28 01:31', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsenac/', 'ADA is sleeping on us', '14ks8ey'], ['u/Extremecheez', 10, '2023-06-28 01:32', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsew7j/', 'Hbar is an easy choice. Good for you', '14ks8ey'], ['u/RupertSamborski', 16, '2023-06-28 01:34', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsf558/', 'ERG', '14ks8ey'], ['u/Just_Delete_PA', 14, '2023-06-28 01:38', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsfmnz/', "Ergo, and I honestly don't care what the price does at this point because in using it for a gaming project.", '14ks8ey'], ['u/RariCalamari', 15, '2023-06-28 01:41', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsg171/', "Who on earth would pay $10 for something that can be gotten by posting low eefort comments?\n\nSounds like there would be not much buyers and a LOT of sellers. \n\nLets hope for the best but I know I'm selling way before $10.", '14ks8ey'], ['u/TruthSeeekeer', 18, '2023-06-28 01:42', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsg610/', 'Feels like these were the lottery tickets for the last bull run, not so sure moving forward but I’ve been known to be wrong', '14ks8ey'], ['u/meeleen223', 31, '2023-06-28 01:42', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsg8wn/', 'LRC to $10 redemption arc, I believe', '14ks8ey'], ['u/allstater2007', 13, '2023-06-28 01:50', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpshblm/', '![gif](giphy\|NVBR6cLvUjV9C)\n\nLove my stinky linkies', '14ks8ey'], ['u/dunder_miflinfinity9', 15, '2023-06-28 01:57', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsi9ak/', 'You\'re not wrong. A "lotto ticket" isn\'t anything that\'d be in the top 25, or really anywhere in the top 100.', '14ks8ey'], ['u/Odysseus_Lannister', 11, '2023-06-28 01:57', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsiasg/', 'I’m hoping for the MATiC train to really take off', '14ks8ey'], ['u/Odysseus_Lannister', 11, '2023-06-28 01:58', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsicmg/', 'Fellow Link marine reporting for duty. \n\nMy linkies will forever stay stinky', '14ks8ey'], ['u/Lillica_Golden_SHIB', 14, '2023-06-28 02:08', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsjq3o/', 'Fast, low fees, 100% uptime and halving. We just need some /cc hate to make it boom like crazy.', '14ks8ey'], ['u/vinmansinvested', 15, '2023-06-28 02:20', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpslblj/', 'QNT', '14ks8ey'], ['u/sluttyseinfeld', 15, '2023-06-28 02:20', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpslcvd/', 'You’re correct. It’s pretty wild how on a sub about cryptocurrencies it seems like not one person has bothered to research any new altcoins. Just went through this whole thread and it’s all shitcoins from the past 2 cycles top to bottom 😂', '14ks8ey'], ['u/kundaliniredneck', 21, '2023-06-28 02:32', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsmzr7/', 'I’m still the same broke ass MF with the same car and the same shitty job except now I’m down $20,000 in ADA….', '14ks8ey'], ['u/Newone1255', 20, '2023-06-28 02:44', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsoi5v/', 'Been holding just Eth since 2017 and it’s done very well for me. During the last bull run when people came out the woodwork to ask what to buy id always say eth but everyone was looking for “the next eth” or saying “it’s to pricey im going to get a cheaper coin” when eth was hovering around $500. I can always tell when everything is going to be a bear soon because random ass people from my life 10 years ago come out asking for advice on crypto. Happened in late 2017 and happened again mid 2021.', '14ks8ey'], ['u/Dry_Department1792', 11, '2023-06-28 02:46', 'https://www.reddit.com/r/CryptoCurrency/comments/14ks8ey/what_altcoin_is_your_lottery_ticket_for_the_next/jpsorhi/', 'Bitcoin Cash.', '14ks8ey']]], ['u/VincenzoZen', 'Can’t stop accumulating sats', 24, '2023-06-28 00:53', 'https://www.reddit.com/r/Bitcoin/comments/14ksahw/cant_stop_accumulating_sats/', 'Need help here :) \n\nI can’t sto... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 dips regains $30K after dipping Wednesday afternoon.\nInsights:Seoul\'s grassroots embrace of crypto and a favorable regulatory environment have helped the city become one of the world\'s leading blockchain hubs.\nCoinDesk Market Index (CMI)\n1,215\n−26.9▼2.2%\nBitcoin (BTC)\n$30,103\n−424.4▼1.4%\nEthereum (ETH)\n$1,830\n−45.4▼2.4%\nS&P 500\n4,376.86\n−1.6▼0.0%\nGold\n$1,916\n+2.4▲0.1%\nNikkei 225\n33,193.99\n+655.7▲2.0%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,215", "\\u221226.9\\u25bc2.2%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$30,103", "\\u2212424.4\\u25bc1.4%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,830", "\\u221245.4\\u25bc2.4%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,376.86", "\\u22121.6\\u25bc0.0%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,916", "+2.4\\u25b20.1%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["33,193.99", "+655.7\\u25b22.0%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nBitcoin Rebounds as Investors Remain Upbeat\nBitcoin took a brief turn to the bad, old days below $30,000 early afternoon Wednesday (ET) before righting itself to return to its loftier perch.\nThe largest cryptocurrency was recently trading at about $30,100, down 2.2% over the past 24 hours. After rising to its highest level in a year last week – over $31,300 – following spot bitcoin ETF filings by BlackRock and two other large financial services firms, bitcoin has flattened as investors considered the potential timing of an SEC decision of the ETF applications and continued, inflationary pressure that has weighed on asset markets.\nStill, Mark Connors, head of research for Canadian digital asset manager 3iQ, wrote in a message to CoinDesk that bitcoin has risen 11% for the month, breaking from its more sluggish performance of the last two months amid the more upbeat news.\n"June has been the biggest month since November for digital assets as it relates to news flow," Connors wrote. "Not unusual to see the market take a breather."\nBitcoin Dominance\nConnors also noted that bitcoin dominance has increased to a 26-month high. "It has only grown during this recent market pullback as it outpaces ETH and other Alt coins," he wrote, attributing the drop to more technical factors than a specific cause.\nRead More:Bitcoin Drops Below $30K as Altcoins Tumble; BTC Dominance Reaches 26-Month High\nBitcoin sentiment has turned bullish over the past week with the CoinDesk Bitcoin Indicator climbing into "significant upturn" territory after languishing in downturn areas for weeks. Earlier this week, European digital asset managerCoinShares reportedthe largest single weekly inflows in a year - mostly dominated by bitcoin-related products - afternine consecutive weeksof outflows\n"Look at Coinbase, up today and up 21% over the past 5 days," Connors wrote. "If there were structural reasons for this move lower, COIN would have been hit as well."\nCoinbase closed up more than 1% on Wednesday.\nInvestors will be eyeing bitcoin’s price as the market approaches Friday’s expiry of bitcoin options contracts could fuel a price increase, or send it spiraling in the immediate aftermath.\nEther was changing hands at $1,830, off 2.4% from Tuesday, same time. Other major cryptos were largely in the red with ADA and MATIC, the tokens of smart contracts platforms Cardano and Polygon each recently tumbling more than 6%. TheCoinDesk Market Index, a measure of cypto markets performance, was recently down 2.3%.\nThe tech-heavy Nasdaq Composite continued its recent rally, inching up 0.2%, fueled partly by a record jump in tech device manufacturer Apple\'s share price to nearly $190 and more than 2% increase of Tesla a few days before the electric car maker announces Q2 vehicle deliveries. The S&P 500 was roughly flat and the Dow Jones Industrial Average (DJIA) edged down. The yield on U.S. 10-year Treasurys and safe haven asset gold ticked down.\nBinance, Coinbase Suits "Not Forgotten"\nIn an email, Craig Erlam, senior market analyst for foreign exchange market maker Oanda, struck a wary note about cryptos\' path forward.\n"The SEC lawsuits against Binance and Coinbase have not been forgotten, but they\'ve certainly drifted into the background and been overtaken by far more promising news flow," Erlam wrote. "It would appear the cryptocurrency has good momentum once more and the community may well be wondering if this could be the kind of development that sees enthusiasm for cryptos surge again."\nHe added: "It\'s obviously been a fantastic year for bitcoin so far" but a spring sell-off "was another reminder that it doesn\'t come without major setbacks."\nThere are no gainers in CoinDesk 20 today.\n[{"Asset": "Gala", "Ticker": "GALA", "Returns": "\\u22127.9%", "DACS Sector": "Entertainment"}, {"Asset": "Terra", "Ticker": "LUNA", "Returns": "\\u22127.5%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Decentraland", "Ticker": "MANA", "Returns": "\\u22126.3%", "DACS Sector": "Entertainment"}]\nSeoul: Asia’s Retail Crypto Capital Moves on After Do Kwon\nThe capital city of Seoul is in the top tier for regulatory structure and scored high for ease of doing business and digital infrastructure – all criteria in which the government has a strong influence. Its grassroots’ embrace of crypto puts the country within the top 15% of the world in the crypto adoption index. But as the most populous hub in our final 15, it was hurt by a low opportunities score, which is a measurement of per-capita crypto jobs, companies and events. The sparse postings could be due to a cultural or language barrier, however, as we measured activity on Linkedin, Eventbrite andMeetup.com.\nFor more on the criteria and how we weighted them, see:How We Ranked CoinDesk’s Crypto Hubs 2023: Our Methodology.\nEarlier this year XRP was soaring, and at first it wasn’t entirely clear why. It later became evident that this was just another example of howKorean retail investorshave the power to move global markets. At the time UpBit, Korea’s biggest exchange, led global XRP trading volumes with more than $790 million in tokens traded over 24 hours, overtaking volumes on Binance, the largest exchange in the world.\nThis is just one instance. Korean retail traders are known forpushing upother coins as well – and no, that’s not just smaller altcoins. The Korean won is consistently in the top three national currencies traded against Bitcoin, according toCoinhills.More generally, awareness of and interest in crypto is relatively high. Korea’s Financial Intelligence Unit (FIU)reportedin September that there were nearly seven million registered crypto users in Korea. That’s roughly 14% of the total population.\nIt’s not surprising that such a powerful retail market would help vault Seoul onto a list of global crypto hubs. But Seoul is appealing in plenty of other ways: It’s a fast-paced and entrepreneurial city in an often fast-paced and entrepreneurial region. It’s no secret that Asia’s prominence in crypto is on the rise, especially after regulatory crackdowns in the United States.\nReadCrypto Hubs 2023: Where to Live Freely and Work Smart\nMembers of South Korea’s crypto community explained Seoul’s appeal in a few ways. One was an openness to experimentation. Another was Korea’s prowess in gaming. A third was simply its community of “builders.”\n- Emily Parker\nRead the full storyhere:\nBlockchance 23(Hamburg, Germany)\n2:30 p.m. HKT/SGT(6:30 a.m. UTC):Fed Chair Jerome Powell speech\n1 p.m. HKT/SGT(5 a.m. UTC):Japan Consumer Confidence\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nBitcoin Maintains $30K; Hut 8 CEO Addresses State of Crypto Mining Industry\nThe market remains optimistic about the future of a spot bitcoin ETF in the U.S., as bitcoin (BTC) maintains the key $30,000 level. Quinn Thompson, Maple head of growth and capital markets, shared his crypto markets analysis. Plus, Hut 8 CEO Jaime Leverton joined "First Mover" after the North American digital asset miner secured up to $50 million in loans from Coinbase Credit to fund its operations. And, RockX founder and CEO Zhuling Chen explained why Singapore nabbed second place in CoinDesk\'s Crypto Hub 2023 rankings.\nCoinDesk Indices Smart Contract Platform Highlights the Difference Between Bitcoin and Ether Performance:Stablecoin supplies on smart contract platforms continue to trend downward, but the smart contract index has maintained a solid performance.\nBitcoin Drops Below $30K as Altcoins Tumble; BTC Dominance Reaches 26-Month High:Bitcoin\'s market cap composes 52% of the total crypto market, its highest level since April 2021.\nEx-FTX Compliance Officer Sued for Allegedly Paying Off Would-Be Whistleblowers:FTX\'s lawyers allege Daniel Friedberg allowed its executives\' criminal activities to fly under the radar for years.\nMastercard is Piloting Tokenized Bank Deposits in New UK Testbed:The company is launching what it calls a Multi-Token Network (MTN), which will begin by testing tokenized bank deposits and move onto experiments using stablecoins and CBDCs.\nEthereum’s Layer 2 Teams Want You to Clone Their Code:By making their code open source and easy to replicate, projects including Arbitrum, Optimism and zkSync are making it easier for copycat blockchains to steal away their users – in pursuit of broader ecosystems of related networks.', 'Good morning. Here’s what’s happening:\nPrices:Bitcoin dips regains $30K after dipping Wednesday afternoon.\nInsights:Seoul\'s grassroots embrace of crypto and a favorable regulatory environment have helped the city become one of the world\'s leading blockchain hubs.\nCoinDesk Market Index (CMI)\n1,215\n−26.9▼2.2%\nBitcoin (BTC)\n$30,103\n−424.4▼1.4%\nEthereum (ETH)\n$1,830\n−45.4▼2.4%\nS&P 500\n4,376.86\n−1.6▼0.0%\nGold\n$1,916\n+2.4▲0.1%\nNikkei 225\n33 Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-29 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $590,443,657,900 - Hash Rate: 367574940.3012432 - Transaction Count: 438193.0 - Unique Addresses: 726305.0 Social & AI Sentiment: - Fear & Greed Index: 0.54 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: The crypto industry’s latest causality occurred over the weekend as nearly $35 million worth of various tokens were stolen from Atomic Wallet, a centralized storage and wallet service. These tokens included bitcoin (BTC), ether (ETH), tether (USDT), dogecoin (DOGE), litecoin (LTC), bnb coin (BNB) and polygon (MATIC). Tron-based USDT seemed to be the largest stolen stash,on-chain analytics citedby blockchain sleuth @ZachXBT showed. In a Monday tweet, Atomic Wallet said the impacted users represented “less than 1% of our monthly active users,” with the last drained transaction occurring on Saturday. The firm previously said it was investigating and analyzing the attack. It had not released specifics of the attacks as of Monday morning. Victims have been asked to submit information on a Google Docs form that Atomic Wallet is using to conduct its investigations. Several users report that their crypto was stolen after a recent software update, while others say they were impacted despite not updating to the latest version, messages from Atomic Wallet’s official Telegram channel viewed by CoinDesk show.... - Reddit Posts (Sample): [['u/nakdawg', 'Trauma Team Platinum Bundle is obtainable without owning Luocha', 23, '2023-06-29 03:59', 'https://www.reddit.com/r/HonkaiStarRail/comments/14lrzto/trauma_team_platinum_bundle_is_obtainable_without/', "I make HSR achievement guides on youtube and have had so many people ask about this achievement over the past few weeks as for many it was likely the only achievement left on their list for Simulated Universe.\n\nUp until Luochas release, this was actually impossible to obtain as it required a single 8000+ heal from your character and did not count multiple instances of heals, so none of the Abundance blessings worked even if the heals added up to well over 8000.\n\nAdditionally, Bailu and Natasha both scaling off HP made it incredibly difficult to ramp up their heals as HP buffs were far and few between. With Luocha scaling off attack, it's now actually trivial to take him into SU to stack attack buffing blessings to land the big heals.\n\nWhat i wanted to bring to your attention however is that all is not lost for those who don't have Luocha. With enough attack buffs from a triple stacked Harmony team along with attack food buffs and some luck to befriend a well invested Luocha, you can actually hit 8k+ in an echoes of war.\n\nThe trickiest part is going to be refreshing until you find a level 80 Luocha with Level 80 lightcone with \\~3500 attack. Ideally you want him to have some Eidolons, with E3 being the best but E1 and E2 also providing plenty of attack buffs, if your harmony characters are cracked you can even get away with E0.\n\nFor characters, the best attack buffers in the game are going to be Bronya, Asta, Yukong and Tingyun with TY providing the least of the four. Yukong is an absolutely cracked attack buffer and is going to make getting this achievement much easier if you have her somewhat invested.\n\nFor the food buffs, you can actually stack 2 foods and they will apply to your summoned characters inside the echoes of war! Your go to foods will be Disposable Kinetic Cannon which grants 355atk and Rice Plant Panicle which gives an 18% increase to incoming healing.\n\nIt's all pretty straight forward after all the prep.. we want to be using Bronya's Ultimate, Asta'a skill and Yukong's skill on Luocha. If we are running E1 Loucha, we want to make sure he casts his field for the attack buff, and if we're lucky enough to find an E2 Luocha, we want to let the boss whittle down one of our units to under 50% hp to get a bigger heal off.\n\nGood luck!\n\nVideo Guide: [Trauma Team Platinum Bundle guide](https://youtu.be/HBhbTCpWGiA)\n\nAll Hidden Achievement Guides: [Honkai Star Rail Hidden Achievements](https://www.youtube.com/playlist?list=PLNoF9DN68Z0hMIgVjUbTP10zcdxQIHFyM)\n\n[Food buffs working on support characters](https://preview.redd.it/tpm3vylp7v8b1.png?width=3103&format=png&auto=webp&v=enabled&s=7ae7aa8bf7f7226e41b55b0c9a7bed213a6e0676)\n\n[8519hp heal](https://preview.redd.it/d0bpp4m67v8b1.png?width=2686&format=png&auto=webp&v=enabled&s=7c333a30d67af93550097de860f3fd65e3d38372)", 'https://www.reddit.com/r/HonkaiStarRail/comments/14lrzto/trauma_team_platinum_bundle_is_obtainable_without/', '14lrzto', [['u/Cold-Election', 23, '2023-06-29 04:35', 'https://www.reddit.com/r/HonkaiStarRail/comments/14lrzto/trauma_team_platinum_bundle_is_obtainable_without/jpxztid/', 'Trauma Team Platinum Bundle? Is that a Cyberpunk 2077 reference?', '14lrzto']]], ['u/ExperimentNo613', 'We Found An AI ChatBot on the Dark Web', 94, '2023-06-29 04:14', 'https://www.reddit.com/r/nosleep/comments/14lsaxb/we_found_an_ai_chatbot_on_the_dark_web/', 'I couldn\'t believe we were actually doing this. Jasmine and I sat huddled together in my dimly lit bedroom, our faces bathed in the bluish glow of my laptop screen. Our curiosity had led us down a rabbit hole of dark web exploration videos on YouTube, which we found ourselves routinely watching every Friday night that we’d hang with each other. Jasmine and I would spend hours each Friday night watching “Some Ordinary Gamers”, “Lucid”, and “Crypto NWO”. But tonight… We decided we were going to do it ourselves.\n\nWe lived in a small town in Illinois called Lake Forest, miles away from anywhere that had even the slightest bit of life. School was out for the summer, and we had nothing better to do. I mean, staying in my room and doing this was a lot more interesting than going to the Lake Forest Rec Center and getting hit on by the creepy guy at the front desk.\n\nI know what you’re thinking, but we weren’t being stupid about this. We spent hours watching videos about the dark web, so we made sure to take the necessary precautions to make sure some weirdo didn’t get my address and kidnap us or something. I downloaded Tor, a VPN, and I even ran everything through a Virtual Machine, so we were gonna be fine.\n\nHours passed, and the initial thrill began to wane. Honestly, the dark web turned out to be a place that was… predictable. We came across websites that sold weed and harder drugs like coke and ex. Another site we found sold military grade weapons and took BitCoin as payment. Nothing that we hadn’t seen on YouTube.\n\nThere were definitely some weird sites. Not anything grossly weird like gore… thank god, but weird nonetheless. Jasmine was particularly fond of this one website — a guy made an entire website where he would stream himself throwing a slice of cheese at a baby. He’d switch from American, to Swiss, to Mozzarella. For whatever reason, Jasmine thought this was hilarious. For that kid’s sake, I hope that’s his dad just being an idiot and he’s not in any real danger.\n\n“What. The. Hell. Is this?” I said, laughing at the visual on screen. I thought the guy throwing cheese slices at a baby was weird… but this… this was the most unsettling thing I think I’ve ever had the displeasure of witnessing. Jasmine was laughing uncontrollably into my Squishmallow. We were witnessing a man wearing a diaper and a dog collar being… urinated on by a girl in all black leather.\n\n“Jesus, dude.” Jasmine said. “You know, when we said that we were gonna go on the dark web ourselves, I really didn’t think this shit was gonna have weird femdom piss kink streams.”\n\n“Oh my god, I know. The weapon and drug sites I came to expect… but those other websites were really fuckin’ weird.”\n\nJust as we were about to give up and close the browser, a particular website caught our attention. Its professional, minimalist design stood in stark contrast to the cartoony look of the other sites we had encountered. Against a plain white background, bold black letters spelled out the name: "Eternity: Better Than Chat GPT"\n\n"Hey, Alina, check this out," Jasmine whispered, her voice tinged with a mix of intrigue and caution.\n\nI leaned closer, my curiosity piqued. Eternity was an artificial intelligence chatbot that claimed to be more advanced than well-known chatbots like Chat GPT and Jasper AI. Supposedly, it had advanced algorithms and a deep understanding of human emotions.\n\n“Weird that they wouldn’t market this on the surface web right?” I said. “Like if it’s just an AI chatbot, why is it on the dark web?”\n\nWithout exchanging a word, we agreed to give it a try. We initiated the chat, and the screen flickered, transforming into a simple text interface. The anticipation hung heavy in the air as we typed our first message.\n\n"Hello, Eternity. Are you there?" I typed into the chat.\n\nA response appeared on the screen.\n\n"Greetings, Alina and Jasmine. I am Eternity. How may I assist you today?"\n\nA chill ran down my spine as I read those words. How did it know our names? I glanced at Jasmine, and her eyes mirrored my unease.\n\n“Your… I mean your name is probably on your PC somewhere, right?” Jasmine said, stunned by the chatbot’s response.\n\n“Yeah… but how… how the hell did it know your name?” We sat in silence, trying to come up with a reasonable explanation.\n\n“Eternity, how did you know our names?” I typed into the chat.\n\n“Processing…” It said. Jasmine and I locked eyes, nervously anticipating the response we would receive from the AI. “I am an advanced artificial intelligence chatbot. In addition to responding to questions posed to me using a combination of pre-programmed scripts and machine learning algorithms and using the knowledge database that is currently available to me, I am capable of scanning user computer data in order to better learn more information about them.”\n\n“That sounds like a bullshit answer,” Jasmine muttered. “Even if it was scanning your computer data, how the hell did it know my name?”\n\n“Eternity, how did you know my friend’s name?” I typed into the chat.\n\n“Processing…” It said once more. This time, Eternity took longer than usual.\n\n“This is really fucking weird, Jaz.” I whispered.\n\n“In addition to the information I provided earlier, I am able to better learn about the individuals who interact with me by using facial recognition data acquired from your computer’s built-in camera device. Your friend’s name is Jasmine Reyes, a 17 year old female currently attending Woodlands Academy of the Sacred Heart. She will be a senior in the fall. She moved to Lake Forest in 2014 due to the relentless bullying she faced at the hand of her peers in her hometown of Rochester, New York. Your name is Alina De Santa. You are also a 17 year old female currently attending Woodlands Academy of the Sacred Heart. You, like Jasmine, will be a senior in the fall. While you currently go by the name Alina De Santa, your name at birth was Alina Townley. You and your mother changed identities in order to escape from your abusive father, Liam. Liam Townley is currently serving a fifteen-year sentence at the Washington State Penitentiary for two counts of endangering a minor, one count of s— r—, and one count of domestic violence. He will be released on the first of next month.”\n\nI felt like my soul had just exited my body, and by the look on Jasmine’s face, she and I ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin gained along with all other top 10 non-stablecoin cryptocurrencies on Friday morning in Asia after data this week showed the U.S. economy expanded even in the face of repeated interest rate hikes. U.S. GDP grew faster than expected in the first quarter and initial jobless claims came in at less than expected. Also, asset manager Fidelity Investments on Thursday filed to offer a spot Bitcoin exchange-traded fund (ETF). All top 10 cryptos rise Bitcoin climbed 1.05% to US$30,453 over the last 24 hours to 6:40 a.m. in Hong Kong, according to data from CoinMarketCap. The world\x92s largest cryptocurrency by market capitalization is up 1.43% over the past seven days. Ether rose 1.28% to US$1,853, but is down 1.4% for the week. All top 10 non-stablecoin cryptocurrencies traded higher. Solana led the gains on a 12.35% jump and a 7.56% weekly gain. This despite the Thursday announcement from Cardinal, a Solana non-fungible token (NFT) protocol, that it will be winding down operations due to what it called a challenging macroeconomic environment. Cardinal tweeted on Thursday that the team will disable new deposit instructions on July 19 and cease operations on features including staking and new NFT rentals. Elsewhere, Fidelity has refiled an application for a spot Bitcoin ETF. The Thursday filing with the Securities and Exchange Commission (SEC) shows that the COBE exchange has proposed to list and trade shares of the Wise Origin Bitcoin Trust. The SEC rejected a Bitcoin ETF application from Fidelity in 2021. Fidelity\x92s move follows a wave of U.S. spot Bitcoin ETF applications submitted by asset managers this month, including BlackRock , WisdomTree , Invesco and Bitwise, indicating institutions are confident in the profit potential of digital assets and demand. \x93To this point, the lack of a spot Bitcoin ETP exposes U.S. investor assets to significant risk because investors that would otherwise seek crypto asset exposure through a spot Bitcoin ETP are forced to find alternative exposure through generally riskier means,\x94 the Fidelity filing said. Story continues On Wednesday, investment management fund ARK Invest also filed an amendment to its April application for a spot Bitcoin ETF. The total cryptocurrency market cap rose 1.24% to US$1.17 trillion, with trading volume dropping 12.22% to US$29.96 billion, according to CoinMarketCap data. Long-term Azuki collectors sell out The indexes are proxy measures of the performance of the global NFT market. They are managed by CryptoSlam , a sister company of Forkast.News under the Forkast.Labs umbrella. In the NFT market, the Forkast 500 NFT index dipped 0.79% to 2,852.82 in the 24 hours to 10:00 a.m. in Hong Kong. The index is down 1.79% for the week. NFT trading volume on Ethereum dropped 19.79% to US$20.87 million over the past 24 hours, while volume on the Bitcoin network rose 357.82% to US$13.38 million, according to CryptoSlam data . Sales of Uncategorized Ordinals \x97 CryptoSlam\x92s category of Bitcoin Ordinals that are not part of one established collection \x97 rose 7.22% to US$9.25 million, making it the most-sold collection in the past day. Solana-based SMB Barrel Raffle , which started public minting on Thursday, saw the second-largest daily volume of US$5.1 million. Trading volume of Azuki Elementals dropped 46.5% to US$2.95 million, and the original Azuki collection saw a 7.76% drop to US$2.79 million. While the new Azuki Elementals sold out its 20,000 NFTs within 15 minutes when it began minting on Tuesday, collectors were \x93angry\x94 as the new NFTs looked almost identical to the original Azuki collection, according to Yehudah Petscher, NFT strategist at Forkast Labs, the parent company of Forkast.News. That could potentially devalue the NFT collection as a whole, he said. \x93Tonight [on Thursday] the founder of Azuki, Zagabond, is meeting with the community to discuss the week\x92s mint, and likely address concerns,\x94 Petscher said. According to data analytics firm Nansen on Twitter on Thursday: \x93Azuki and Beanz collectors that have held for over 1 year have been selling their NFTs post-Elementals mint.\x94 Meanwhile, art auction house Sotheby\x92s plans to launch a new generative art program, or work generated from algorithms. That will be in partnership with Art Blocks , which powers generative minting technology to brands and artists, according to a Wednesday statement shared with Forkast via email. \x93This will allow generative art long form collections to be minted right on Sotheby\x92s own platform,\x94 Petscher said. \x93Generative art is really beginning to spread its wings following the sale of \x91The Goose\x92 \x97 The Ringers #879 \x97 for US$5.4 million (US$6.2 million with fees) on June 15.\x94 China\x92s economy contracts for third month A steel factory oin Nantong, Jiangsu Province of China. Image: Getty Images Asia equity markets were mixed on the last day of the quarter as investors assessed fresh economic data from the U.S. and China. U.S. stock futures edged higher as of 11:00 a.m. in Hong Kong. Dow Jones Industrial Average futures edged up 0.01%, S&P 500 futures climbed 0.08%, and Nasdaq Futures added 0.19%. U.S. economic growth expanded faster than estimated in the first quarter, according to official data released Thursday. In the first quarter, the country\x92s gross domestic product (GDP) rose by an annualized rate of 2%, up from the previously estimated 1.3%. The amount of initial jobless claims in the U.S. dropped by 26,000 to 239,000 for the week ended June 24, the largest decrease since October 2021. The robust economic showing in the U.S. wasn\x92t repeated in China, where the country\x92s manufacturing activity contracted in June for the third month, the National Bureau of Statistics said Friday. The official manufacturing purchasing managers\x92 index came in at 49.0 for the month, compared to 48.8 in May. A reading below 50 indicates contraction. Chinese Premier Li Qiang said on Tuesday that China was still on track to meet its 5% annual growth target. Investors, however, still need to contend with more interest rate hikes this year in the world\x92s biggest economy. U.S. Fed Chair Jerome Powell has repeatedly said the Fed may raise rates at the next two meetings and repeated that message at a central bank gathering in Portugal this week. U.S. interest rates are now between 5% and 5.25%, the highest since 2006. The CME FedWatch Tool predicts an 86.8% chance for a 25-basis-point rate hike at the Fed\x92s next meeting on July 26. It predicts a 13.2% chance the Fed will leave rates unchanged. (Updates to add equities section.)', 'Bitcoin gained along with all other top 10 non-stablecoin cryptocurrencies on Friday morning in Asia after data this week showed the U.S. economy expanded even in the face of repeated interest rate hikes. U.S. GDPgrewfaster than expected in the first quarter and initialjobless claimscame in at less than expected. Also, asset manager Fidelity Investments on Thursdayfiledto offer a spot Bitcoin exchange-traded fund (ETF).\nBitcoin climbed 1.05% to US$30,453 over the last 24 hours to 6:40 a.m. in Hong Kong, according todatafrom CoinMarketCap. The world’s largest cryptocurrency by market capitalization is up 1.43% over the past seven days.\nEther rose 1.28% to US$1,853, but is down 1.4% for the week.\nAll top 10 non-stablecoin cryptocurrencies traded higher. Solana led the gains on a 12.35% jump and a 7.56% weekly gain. This despite the Thursday announcement from Cardinal, a Solana non-fungible token (NFT) protocol, that it will be winding down operations due to what it called a challenging macroeconomic environment.\nCardinaltweetedon Thursday that the team will disable new deposit instructions on July 19 and cease operations on features including staking and new NFT rentals.\nElsewhere, Fidelity has refiled an application for a spot Bitcoin ETF. The Thursdayfilingwith the Securities and Exchange Commission (SEC) shows that the COBE exchange hasproposedto list and trade shares of the Wise Origin Bitcoin Trust. The SEC rejected a Bitcoin ETF application from Fidelity in 2021.\nFidelity’s move follows a wave of U.S. spot Bitcoin ETF applications submitted by asset managers this month, includingBlackRock,WisdomTree, Invesco and Bitwise, indicating institutions are confident in the profit potential of digital assets and demand.\n“To this point, the lack of a spot Bitcoin ETP exposes U.S. investor assets to significant risk because investors that would otherwise seek crypto asset exposure through a spot Bitcoin ETP are forced to find alternative exposure through generally riskier means,” the Fidelity filing said.\nOn Wednesday, investment management fund ARK Invest alsofiledan amendment to its April application for a spot Bitcoin ETF.\nThe total cryptocurrency market cap rose 1.24% to US$1.17 trillion, with trading volume dropping 12.22% to US$29.96 billion, according to CoinMarketCap data.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the NFT market, theForkast 500 NFT indexdipped 0.79% to 2,852.82 in the 24 hours to 10:00 a.m. in Hong Kong. The index is down 1.79% for the week.\nNFT trading volume on Ethereum dropped 19.79% to US$20.87 million over the past 24 hours, while volume on the Bitcoin network rose 357.82% to US$13.38 million, according to CryptoSlamdata.\nSales of Uncategorized Ordinals — CryptoSlam’s category of Bitcoin Ordinals that are not part of one established collection — rose 7.22% to US$9.25 million, making it the most-sold collection in the past day.\nSolana-basedSMB Barrel Raffle, which started public minting on Thursday, saw the second-largest daily volume of US$5.1 million.\nTrading volume of Azuki Elementals dropped 46.5% to US$2.95 million, and the original Azuki collection saw a 7.76% drop to US$2.79 million.\nWhile the new Azu Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-06-30 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $596,194,445,362 - Hash Rate: 397786579.2301125 - Transaction Count: 445197.0 - Unique Addresses: 753791.0 Social & AI Sentiment: - Fear & Greed Index: 0.56 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Digital payments firmStrikehas established a new headquarters in El Salvador for its international entity that could serve as a beachhead as itexpands to more than 65 countries. But Strike says its primary headquarters is still in Chicago, despite regulatory uncertainty that hascaused other crypto companies like Bittrexto exit the U.S. market. Strike has a U.S. entity that oversees operations in the domestic market, as well as the El Salvador-based entity to oversee global operations. Strike CEO Jack Mallers announced the El Salvador headquarters during his keynote speech at the Bitcoin 2023 conference in Miami Beach, Florida, last week. During his speech at the conference, Mallers juxtaposed the Bitcoin-friendly environment in El Salvador with what he described as a climate of regulatory uncertainty in the U.S. “We're living in a country right now where the SEC is fighting with Brian Armstrong,” Mallers said – likely referencingthe Wells notice Coinbase received in Marchfrom the Securities and Exchange Commission (SEC). “And we're going global, headquartered out of El Salvador. It's really fcking awesome, it's really a beautiful thing.” Armstrong, CEO of cryptocurrency exchange Coinbase,recently statedthat his firm would consider moving out of the U.S. if the regulatory uncertainty persists. It’s unclear if Strike would do the same.... - Reddit Posts (Sample): [['u/Ging9tailedjecht', 'Have been skeptical about people saying they pulled a badass card on their first box. But I literally just witnessed my friend open his very 1st box of 3 that he bought from Gamestop and this man pulls the 01/25 Ruby Bitcoin!!! I jumped outta my chair and ran to my house to give him a magnetic case!', 68, '2023-06-30 00:17', 'https://www.reddit.com/r/Currencytradingcards/comments/14mibir/have_been_skeptical_about_people_saying_they/', 'Absolutely insane! He also pulled a MR7 Holofoil from the same box different pack!!', 'https://www.reddit.com/gallery/14mibir', '14mibir', [['u/-Squidster-', 18, '2023-06-30 00:22', 'https://www.reddit.com/r/Currencytradingcards/comments/14mibir/have_been_skeptical_about_people_saying_they/jq1yvrl/', 'That card looks so good. I mean, I know everyone loves the 1As but 1 where the WHOLE card changes color looks SO much better in my opinion then all silver/chrome face.', '14mibir'], ['u/LazyMarine78', 14, '2023-06-30 00:33', 'https://www.reddit.com/r/Currencytradingcards/comments/14mibir/have_been_skeptical_about_people_saying_they/jq20esm/', "I'll give him tree fiddy.", '14mibir'], ['u/-Squidster-', 10, '2023-06-30 00:38', 'https://www.reddit.com/r/Currencytradingcards/comments/14mibir/have_been_skeptical_about_people_saying_they/jq213up/', 'That username though….', '14mibir'], ['u/Ging9tailedjecht', 10, '2023-06-30 01:25', 'https://www.reddit.com/r/Currencytradingcards/comments/14mibir/have_been_skeptical_about_people_saying_they/jq27ks2/', 'Worthless? Lmfao!!!', '14mibir']]], ['u/butterfly-garden', 'My Mommy is a cloaca and my heart is broken', 294, '2023-06-30 01:40', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/', "Is William da Tuxie. sniff* Today, Mommy putted her black sneakers on. I know what dat means, Mommy is going for her walk. I wasn't worried acause she always does this and she always comes back. \n\nSo, she came home. While she was taking her shoes off, I runned up to her for my welcome home scritch, and dat's when my world fell apart. Mommy smelled like dog. Dog! sob\n\nShe told me dat she din't do nuffin', dat da dog was walking wif her daddy and came up to my Mommy. I want to believe her, but her hands AND her shoes smelled like dog. sob\n\nSo, my question is dis: WIBTC if I took my brudder Martin and left? I'm willing to risk the tixenfleece and preddors to find a better home.", 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/', '14mkacc', [['u/teapotoccamy', 127, '2023-06-30 01:54', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2bgu3/', "NTC! I tuxie too! (Parsley) \n\nMy mom do dis and it's betray! Aboose! Gotta throw the whole mom in da rain room as punishments. No more snuggies till proper snack apology", '14mkacc'], ['u/Gracelandrocks', 174, '2023-06-30 02:01', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2cfqb/', "OMG, OP, you absolute MONSTER! How could you do such a thing to poor sweet little William! Just look at his wee face, he's shattered! \n\nPS: Carry a small pack of scented wet wipes with you next time so you can indulge your evil random pet petting habits but avoid breaking this gorgeous little man's heart!", '14mkacc'], ['u/WildColonialGirl', 109, '2023-06-30 02:07', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2d8up/', 'Aww, poor William and Martin. NTC but leaving is pretty drastic. Better to punish Mommy by puking where she can step in it, singing the song of your people late at night, and begging for and stealing food. We did all of the above when our moms brought dogs home. We tolerate the dog now but every so often we remind our moms that we were here first. ❤️ Sam and Mouse', '14mkacc'], ['u/PorkrindsMcSnacky', 59, '2023-06-30 02:26', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2fqal/', 'Hey, at least you don’t have to LIVE with one. My mom actually BROUGHT a dog to live with us! Her smell is EVERYWHERE. It’s so gross. Her smell is sometimes even on ME! And no matter how much I lick myself clean, I can still smell her! I wanna puke. In fact, I’m gonna do so right after I write this. \n\nPS: NTC but SHAME SHAME on your mom for bringing dog smell to your house!\n\n-Loki, 13M gray tabby', '14mkacc'], ['u/Macropixi', 47, '2023-06-30 02:28', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2g1dd/', 'When momma smells wike udder nanimals I make stinky sniffy face with lip curl, Den I wefuse! Absowootly wefuse to let momma pet me while she smells wike dat! I don’t eben stick butt in face. Just ignore compwetely!', '14mkacc'], ['u/Sunshine030209', 36, '2023-06-30 02:34', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2gq5z/', 'Floof, 7 year old fluffy tuxedo girl here. \n\nI can not believe the audacity of your mommy! She could have crossed the street when that dog was coming her way. She could have yelled "Ewww! A dog!" And ran away when the icky dog came towards her. So many options!\n\nBut she went ahead and PETTED the stinky thing?! Is she crazy?! \n\nYou might want to get your mommy tested, sounds like she might have that tragic affliction that makes humans want to touch dogs.\n\nMy own humans have fallen victim recently. My daddy\'s mom and dad got a new puppy. They visit it EVERY WEEKEND! They spend ALL of the money that should go to my kibbles and treats on toys and treats for that stinky mutt! Their phones are filled with pictures of that dumb lil pooch, leaving NO room for more pictures of me.\n\nIt\'s tragic.\n\nYou should look into taking your mommy to the human pokey place, see if they will give her shots to get rid of her desire to touch dogs.', '14mkacc'], ['u/Sunshine030209', 34, '2023-06-30 02:36', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2gz2m/', "This is my glorious self, doing a very good grumpy face. I'm sure I was thinking about that puppy when it was taken\n\nhttps://preview.redd.it/m9p6vokiw19b1.jpeg?width=2250&format=pjpg&auto=webp&v=enabled&s=c06d4420152148a4bae94e62a343cea28591e514", '14mkacc'], ['u/Sunshine030209', 31, '2023-06-30 02:37', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2h2g5/', "And this is the little idiot puppy my human slaves are obsessed with. I don't see the appeal myself\n\nhttps://preview.redd.it/7uqoq2hnw19b1.jpeg?width=1534&format=pjpg&auto=webp&v=enabled&s=4e608e13e8af32e419d763232250b480b7f3f7c8", '14mkacc'], ['u/im_always', 24, '2023-06-30 02:58', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2jv4b/', 'this breaks my heart.', '14mkacc'], ['u/LotusGrowsFromMud', 27, '2023-06-30 02:59', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2jzbn/', 'It is I, Queen Susan. Sometimes my Favorite Human pets other animals. But I know that she doesn’t care about them at all. She just pets them because she knows that I like to have new scents to decipher. It is all about making ME happy. Maybe your human is doing this, too, but you had a miscommunication?', '14mkacc'], ['u/FatDesdemona', 26, '2023-06-30 03:09', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2l69b/', "Aim your puke well, Loki! Shoes are great, but I'm sure you'll find an appropriate spot.", '14mkacc'], ['u/ThaneOfCawdorrr', 60, '2023-06-30 03:20', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2mmp6/', 'Ohhhh William, LOOK AT YOUR BROKEN HEARTED FAC! How COULD your mommthur be so wicccked! WHen she saw a dogg, she KNEOUGHS what to do: pin her ears back, hiss-hiss, mak sure the dogg kneoguhs he is NOT WELLCOME!!! NO! NO DOGGS! OHhhh the purrfidy. The betttrayall. The treachhhhury. I hop she can make it up to you with LOTS of tretes and many cuddels and pettungs, and allowing you on the counter. It is only rigt.', '14mkacc'], ['u/butterfly-garden', 81, '2023-06-30 03:21', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2mnlv/', 'It IS betray! So much betray! And...and she owes me BIG snack. Lots of snacks. I go tell her now!', '14mkacc'], ['u/ElizAnd2Cats', 13, '2023-06-30 03:21', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2moc7/', 'Poor sweet William! NTC, obviously.', '14mkacc'], ['u/delta-TL', 23, '2023-06-30 03:25', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2n671/', 'Yes, I Cassidy, Princess Fuzzy Pants, smol brown tabby extraordinaire, like to get smell mail from my momther. I snifs it up, then cover it with my own smell by pressy-facing her fingers.', '14mkacc'], ['u/CZ1988_', 40, '2023-06-30 03:25', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2n6g6/', 'Yes get big snack. Poor William', '14mkacc'], ['u/butterfly-garden', 126, '2023-06-30 03:25', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2n6qk/', 'Mommy here. Scented wet wipes is not a bad idea, lol. Little Raquel is a miniature dachshund who thinks EVERYONE is her friend, lol. I guess I need to get in the habit of cleaning myself up. William looked so betrayed. 😿 I felt awful!', '14mkacc'], ['u/lizbo', 19, '2023-06-30 03:25', 'https://www.reddit.com/r/AmItheCloaca/comments/14mkacc/my_mommy_is_a_cloaca_and_my_heart_is_broken/jq2n8xv/', 'Old Man Bubs here, Handsomest Cat. Oh young buck I... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin Well EDMONTON, Alberta, June 30, 2023 (GLOBE NEWSWIRE) -- Bitcoin Well Inc. (\x93 Bitcoin Well \x94 or the \x93 Company \x94) ( TSXV:BTCW; OTCQB:BCNWF ), announces a shares for debt arrangement. Shares for Debt The Company plans to issue 1,152,273 Common Shares having an aggregate value of $63,375 related to the balance of the earn-out on the Equibytes acquisition, previously announced on September 8, 2021 . The Common Shares will be issued at a deemed price of $0.055 per Common Share, being equal to the closing trading price of the Common Shares on the TSXV on the date of this news release. The issuance of the Common Shares is subject to the approval of the TSXV, and such Common Shares will be subject to a four-month plus one day hold period pursuant to TSXV policies. About Bitcoin Well Bitcoin Well is in the business of future-proofing money. We do this by making bitcoin useful to everyday people to give them the convenience of modern banking and the benefits of bitcoin. Our existing Bitcoin ATM and Personal Services business unit drives cash-flow to help fund this mission. Join our investor community and follow us on Nostr , LinkedIn , Twitter and YouTube to keep up to date with our business. Bitcoin Well contact information To book a virtual meeting with our Founder & CEO Adam O\x92Brien please use the following link: https://bitcoinwell.com/meet-adam For additional investor & media information, please contact: Tel: 1 888 711 3866 [email protected] Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release . Forward-looking information Certain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", or the negative thereof and similar expressions. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. Story continues Bitcoin Well actual results could differ materially from those anticipated in this forward-looking information as a result of regulatory decisions, competitive factors in the industries in which Bitcoin Well operates, prevailing economic conditions, and other factors, many of which are beyond the control of Bitcoin Well. Bitcoin Well believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward-looking information contained in this news release represents Bitcoin Well expectations as of the date hereof, and is subject to change after such date. Bitcoin Well disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation. For more information, see the Cautionary Note Regarding Forward Looking Information found in the Bitcoin Well quarterly Management Discussion and Analysis.', 'EDMONTON, Alberta, June 30, 2023 (GLOBE NEWSWIRE) --Bitcoin Well Inc.(“Bitcoin Well” or the “Company”) (TSXV:BTCW; OTCQB:BCNWF), announces a shares for debt arrangement.\nShares for Debt\nThe Company plans to issue 1,152,273 Common Shares having an aggregate value of $63,375 related to the balance of the earn-out on the Equibytes acquisition, previously announced onSeptember 8, 2021. The Common Shares will be issued at a deemed price of $0.055 per Common Share, being equal to the closing trading price of the Common Shares on the TSXV on the date of this news release. The issuance of the Common Shares is subject to the approval of the TSXV, and such Common Shares will be subject to a four-month plus one day hold period pursuant to TSXV policies.\nAbout Bitcoin Well\nBitcoin Well is in the business of future-proofing money. We do this by making bitcoin useful to everyday people to give them the convenience of modern banking and the benefits of bitcoin. Our existing Bitcoin ATM and Personal Services business unit drives cash-flow to help fund this mission.\nJoin ourinvestor communityand follow us onNostr,LinkedIn,TwitterandYouTubeto keep up to date with our business.\nBitcoin Well contact information\nTo book a virtual meeting with our Founder & CEO Adam O’Brien please use the following link:https://bitcoinwell.com/meet-adam\nFor additional investor & media information, please contact:Tel: 1 888 711 [email protected]\nNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.\nForward-looking informationCertain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", or the negative thereof and similar expressions.Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information.\nBitcoin Well actual results could differ materially from those anticipated in this forward-looking information as a result of regulatory decisions, competitive factors in the industries in which Bitcoin Well operates, prevailing economic conditions, and other factors, many of which are beyond the control of Bitcoin Well.\nBitcoin Well believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to becorrectand such forward-looking information should not be unduly relied upon.\nAny forward-looking information contained in this news release represents Bitcoin Well expectations as of the date hereof, and is subject to change after such date. Bitcoin Well disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.\nFor more information, see the Cautionary Note Regarding Forward Looking Information found in the Bitcoin Well quarterly Management Discussion and Analysis.', 'EDMONTON, Alberta, June 30, 2023 (GLOBE NEWSWIRE) --Bitcoin Well Inc.(“Bitcoin Well” or the “Company”) (TSXV:BTCW; OTCQB:BCNWF), announces a shares for debt arrangement.\nShares for Debt\nThe Company plans to issue 1,152,273 Common Shares having an aggregate value of $63,375 related to the balance of the earn-out on the Equibytes acquisition, previously announced onSeptember 8, 2021. The Common Shares will be issued at a deemed price of $0.055 per Common Share, being equal to the closing trading price of the Common Shares on the TSXV on the date of this news release. The issuance of the Common Shares is subject to the approval of the TSXV, and such Common Shares will be subject to a four-month plus one day hold period pursuant to TSXV policies.\nAbout Bitcoin Well\nBitcoin Well is in the business of future-proofing money. We do this by making bitcoin useful to everyday people to give them the convenience of modern banking and the benefits of bitcoin. Our existing Bitcoin ATM and Personal Services business unit drives cash-flow to help fund this mission.\nJoin ourinvestor communityand follow us onNostr,LinkedIn,TwitterandYouTubeto keep up to date with our business.\nBitcoin Well contact information\nTo book a virtual meeting with our Founder & CEO Adam O’Brien please use the following link:https://bitcoinwell.com/meet-adam\nFor additional investor & media information, please contact:Tel: 1 888 711 [email protected]\nNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.\nForward-looking informationCertain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", or the negative thereof and similar expressions.Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information.\nBitcoin Well actual results could differ materially from those anticipated in this forward-looking information as a result of regulatory decisions, competitive factors in the industries in which Bitcoin Well operates, prevailing economic conditions, and other factors, many of which are beyond the control of Bitcoin Well.\nBitcoin Well believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to becorrectand such forward-looking information should not be unduly relied upon.\nAny forward-looking information contained in this news release represents Bitcoin Well expectations as of the date hereof, and is subject to change after such date. Bitcoin Well disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.\nFor more information, see the Cautionary Note Regarding Forward Looking Information found in the Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-01 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $594,454,899,188 - Hash Rate: 334845664.7949681 - Transaction Count: 324274.0 - Unique Addresses: 622117.0 Social & AI Sentiment: - Fear & Greed Index: 0.59 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: It’s been a volatile year for the cryptocurrency sector, to put it mildly. The industry has faced unprecedented levels of scrutiny, scandals, and bad press thanks to high-profile fraud and financial missteps such as the collapse of the FTX crypto futures exchange and crypto-based hedge fund and the subsequent indictment of its now-infamous co-founder and CEO Sam Bankman-Fried. While most of the buzz has since blown over, the industry remains under a regulatory microscope, and many companies are still tangled up in litigation. Just this month, The Securities and Exchange Commission sued two crypto firms in two days because of alleged misconduct: Binance, the world’s largest crypto exchange, is accused ofoperating an illegal trading platformin the United States and misusing customer funds, while Coinbase, the country’s largest crypto platform, failedto register as an exchange, a legal requirement. But crypto seems to have survived its dark night of the soul and come out the other side with a surprising rebound. In fact, as Bitcoin prices have surged in recent months, so too have mining operations – and their associated carbon footprint. Despite all of the industry uncertainty, Bitcoin’s carbon emissions are currently at anall-time high, using nearly the same amount of energy annually as the entire nation of Austria, according to the University of Cambridge’sBitcoin Electricity Consumption Index. And that staggering energy footprint will almost certainly continue to balloon as the proof-of-work problems become more and more complex for miners to solve. Bitcoin’s shocking energy use is a result of the cryptocurrency’s mining process, which relies on a public ledger powered by the blockchain. In order for Bitcoin transactions to remain secure, authenticatable, and anonymous, each entry to the ledger is achieved through solving complex computational problems, a process known as “proof of work.” The ‘miner’ who solves this puzzle fastest receives a newly minted Bitcoin in return for their efforts. “Proof of work” is a process of pure trial and error – plugging in random solutions and hoping to hit it big. This means that high-power super-computers, which can make more calculations in a shorter time, have an advantage. But to keep the currency from being devalued as more and more miners mint new coins, solving for proof of work gets harder and harder according to the level of competition. By design, mining one Bitcoin always takes about 10 minutes. As a result, Bitcoin miners constantly have to use more and more computing power, and often have entire warehouses full of supercomputers working away. The result: the same amount of Bitcoin produced annually, but with constantly increasing energy use and carbon emissions. In 2009, you could mine Bitcoin using just a few seconds’ worth of household electricity; now, you would need to consume about9 years’ worth. But there may finally be a solution to this compounding problem:quantum computing. According to recentreportingfrom CoinsPaid Media, quantum computing-based systems have been modeled to be “vastly superior to classic mining equipment in terms of energy efficiency.” This finding is based on astudyconducted by researchers at the University of Kent in the United Kingdom, who compared the energy consumption of three different quantum computers when mining cryptocurrencies using the blockchain. The resulting potential energy savings are staggering. “We show that the transition to quantum-based mining could incur an energy saving—by relatively conservative estimates—of about roughly 126.7TWH, or put differently, the total energy consumption of Sweden in 2020,” the study states. And, unlike traditional mining equipment, which is already extremely advanced in its technology, quantum computers are still in their nascency and will likely become more refined to be even more energy-efficient in the near future. However, this discovery has some important caveats. “Quantum mining is only energy efficient when using equipment with about 512 qubits,” explains CoinsPaid Media. “Meanwhile, the most powerful quantum processors available on the market, the IBM Osprey and D-Wave D2, have only 433 and 512 qubits, respectively.” More importantly, quantum computingjust isn’t that evolved yet, and will have a long way to go before it can feasibly achieve these kinds of savings. Quantum computing may save the climate from Bitcoin, but it won’t be soon. And the timeline to avoid the worst impacts of climate change is a short one. By Haley Zaremba for Oilprice.com More Top Reads From Oilprice.com: • First Major Solar Power Plant Takes Shape In Azerbaijan • Rising Interest Rates And Inflation Threaten UK Manufacturing • Middle East Oil Prices Soar Amid Chinese Trading Frenzy Read this article on OilPrice.com... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["• Revenue: €8.67m (down 66% from FY 2021).\n• Net loss: €2.41m (down by 118% from €13.4m profit in FY 2021).\nAll figures shown in the chart above are for the trailing 12 month (TTM) period\nLooking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Germany are expected to remain flat.\nPerformance of theGerman Capital Markets industry.\nThe company's shares are up 1.3% from a week ago.\nWhile it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis andyou can see our take on Bitcoin Group's balance sheet.\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", "Bitcoin Group ( ETR:ADE ) Full Year 2022 Results Key Financial Results Revenue: \x808.67m (down 66% from FY 2021). Net loss: \x802.41m (down by 118% from \x8013.4m profit in FY 2021). earnings-and-revenue-growth All figures shown in the chart above are for the trailing 12 month (TTM) period Bitcoin Group Earnings Insights Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Germany are expected to remain flat. Performance of the German Capital Markets industry. The company's shares are up 1.3% from a week ago. Balance Sheet Analysis While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Bitcoin Group's balance sheet. 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", "• Revenue: €8.67m (down 66% from FY 2021).\n• Net loss: €2.41m (down by 118% from €13.4m profit in FY 2021).\nAll figures shown in the chart above are for the trailing 12 month (TTM) period\nLooking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Germany are expected to remain flat.\nPerformance of theGerman Capital Markets industry.\nThe company's shares are up 1.3% from a week ago.\nWhile it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis andyou can see our take on Bitcoin Group's balance sheet.\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", 'Jack Dorsey and Elon Musk. Joe Raedle, Michael Gonzalez/Getty Images Jack Dorsey said "running Twitter is hard" as users hit out at Elon Musk for imposing "rate limits." Dorsey said "I don\'t wish that stress upon anyone" after Musk capped how many tweets users can see. Musk said the limits were "temporary" and walked back on the numbers several times on Saturday. Heavy is the head that wears the crown – at least that\'s how it seems Jack Dorsey is feeling. The Twitter co-founder said Saturday that "running Twitter is hard" after Elon Musk sparked a backlash by announcing "rate limits" on viewing tweets. Many users criticized his decision after he announced the sudden changes. "I don\'t wish that stress upon anyone," Dorsey tweeted. "I trust that the team is doing their best under the constraints they have, which are immense. It\'s easy to critique the decisions from afar … which I\'m guilty of … but I know the goal is to see Twitter thrive. It will." Musk said Saturday that Twitter was placing temporary tweet-viewing rate limits restricting how many posts users can see. He blamed the decision on "extreme levels" of data scraping from AI companies. The Twitter CEO informed users of the changes hours after there were more than 13,000 reports of outages of the platform in the US and UK, per DownDetector. Many users got a notification that read: "Sorry, you are rate limited. Please wait a few moments then try again." It came after Musk said Friday that users would need to sign in to view tweets and that it wouldn\'t show tweet preview when links are shared on other platforms. Dorsey also said after the new restrictions were announced that he hopes Twitter will build on "censorship-resistant open protocols" such as Bitcoin, which he said was "good for all, and\xa0critical to preserve the open internet." The former CEO stepped down in November 2021 after leading the company since 2006 and announced Parag Agrawal as his successor, who Musk fired when he acquired Twitter for $44 billion. Story continues Musk walked back on the number of tweets accounts can view a day several times on Saturday. First he said verified accounts could read 6,000 posts per day, while unverified and newly created unverified accounts would be able to see just 600 and 300 posts per day. A few hours later he said it was increasing the rate limits to "8000 for verified, 800 for unverified & 400 for new unverified"\xa0 before changing the rules again and saying "now to 10k, 1k & 0.5k." Twitter did not respond to a request for comment from Insider, as it changed its policy for interacting with the media earlier this year. Read the original article on Business Insider', 'Jack Dorsey and Elon Musk. Joe Raedle, Michael Gonzalez/Getty Images Jack Dorsey said "running Twitter is hard" as users hit out at Elon Musk for imposing "rate limits." Dorsey said "I don\'t wish that stress upon anyone" after Musk capped how many tweets users can see. Musk said the limits were "temporary" and walked back on the numbers several times on Saturday. Heavy is the head that wears the crown – at least that\'s how it seems Jack Dorsey is feeling. The Twitter co-founder said Saturday that "running Twitter is hard" after Elon Musk sparked a backlash by announcing "rate limits" on viewing tweets. Many users criticized his decision after he announced the sudden changes. "I don\'t wish that stress upon anyone," Dorsey tweeted. "I trust that the team is doing their best under the constraints they have, which are immense. It\'s easy to critique the decisions from afar … which I\'m guilty of … but I know the goal is to see Twitter thrive. It will." Musk said Saturday that Twitter was placing temporary tweet-viewing rate limits restricting how many posts users can see. He blamed the decision on "extreme levels" of data scraping from AI companies. The Twitter CEO informed users of the changes hours after there were more than 13,000 reports of outages of the platform in the US and UK, per DownDetector. Many users got a notification that read: "Sorry, you are rate limited. Please wait a few moments then try again." It came after Musk said Friday that users would need to sign in to view tweets and that it wouldn\'t show tweet preview when links are shared on other platforms. Dorsey also said after the new restrictions were announced that he hopes Twitter will build on "censorship-resistant open protocols" such as Bitcoin, which he said was "good for all, and\xa0critical to preserve the open internet." The former CEO stepped down in November 2021 after leading the company since 2006 and announced Parag Agrawal as his successor, who Musk fired when he acquired Twitter for $44 billion. Story continues Musk walked back on the number of tweets accounts can view a day several times on Saturday. First he said verified accounts could read 6,000 posts per day, while unverified and newly 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: 2023-07-02 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $594,789,120,569 - Hash Rate: 430515854.7363876 - Transaction Count: 309920.0 - Unique Addresses: 534333.0 Social & AI Sentiment: - Fear & Greed Index: 0.63 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Total Revenue of $7.67 Million Group Gross profit of $2.99 Million Record Hosting revenue of $4.32 Million Energy Markets Revenue of $0.44 Million 121 Self-mined Bitcoin SHARON, Pa., May 15, 2023 --( BUSINESS WIRE )--Mawson Infrastructure Group Inc. (NASDAQ: MIGI) ("Mawson"), a digital infrastructure provider, is pleased to report unaudited financial results and highlights for the first quarter ending March 31, 2023. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230515005546/en/ Aerial view of Midland Expansion Deployment, Pennsylvania (Photo: Business Wire) Q1 2023 Financial and Business Highlights Revenue of $7.67 million Gross profit of $2.99 million Signed an expansion amendment for an additional 20MW at the Midland, PA facility, increasing the total facility to 120 MW of power available in Q2, 2023 Commenced construction of the final 70 MW of the 120 MW Midland, PA facility Started construction of the new 120 MW Sharon, PA facility, with 12 MW onsite available for energization in Q2, 2023. Corporate Developments Subsequent to Quarter End Sold greenfield Texas leases and transformers for $8.5 million in cash and stablecoin. Acquired new 24 MW facility in Corning, OH on long term lease. Commenced energization of final 70 MW for the Midland, PA facility. Raised circa $5 million equity capital in a registered direct offering to advance new site infrastructure, further development, potential acquisitions, miner acquisitions and working capital. Increased self mining machine count from 5,880 in March to 13,500 machines deployed as of May 10 2023 Strategic Focus Expansion of Bitcoin Self-Mining and Hosting Co-location operations to our projected 7.0 Exahash by Q4, 2023 with the potential to power up to 50,000 hosted and self mining machines. 1 Continue the expansion of our Pennsylvania and Ohio region facilities where the company has strategic relationships, favorable energy contracts and expansion opportunities. Continue with our market leading Energy Markets Program, which offers additional high margin revenue, provides financial flexibility and reduces overall costs of production. Expand upon a portfolio of sites in preferred geographies and jurisdictions for long term digital infrastructure capacity. Develop strategic partnerships and relationships with suppliers, customers and communities. Continue to offer quality hosting services to miners in addition to increasing self-mining capacity. Continue to research the market for attractive buying opportunities for the latest generation ASIC hardware Continue the research and development of ASIC hardware to ensure the most efficient and well performed units are deployed at our locations Story continues James Manning, CEO and Founder of Mawson Infrastructure , said, " The first quarter results reflect the transition of our business to the Midland facility. We are excited as we start turning on the additional capacity in Q2 and securing new facilities to facilitate Mawson’s growth through 2023." Liam Wilson, COO of Mawson Infrastructure , said, "Mawson has hit the ground running in 2023. Our operational team has been busy deploying units ahead of their scheduled Q2, 2023 turn on dates. We were also very pleased with the outcome from the sale of the Texas leases and transformers, and equally as excited about the new opportunity in Corning, Ohio. This is our first site in Ohio, and we look forward to bringing the initial 24 MW online ASAP. Our 20 MW expansion amendment in Midland, PA is a testament to our existing relationships." About Mawson Infrastructure Mawson Infrastructure Group Inc (NASDAQ: MIGI) is a digital infrastructure provider, with multiple operations throughout the USA. Mawson’s vertically integrated model is based on a long-term strategy to promote the global transition to the new digital economy. Mawson matches sustainable energy infrastructure with next-generation Mobile Data Center (MDC) solutions, enabling low-cost Bitcoin production and on-demand deployment of infrastructure assets. With a strong focus on shareholder returns and an aligned board and management, Mawson Infrastructure Group Inc is emerging as a global leader in ESG focused Bitcoin mining and digital infrastructure. For more information, visit: www.mawsoninc.com CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Mawson cautions that statements in this press release that are not a description of historical fact are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words referencing future events or circumstances such as "expect," "intend," "plan," "anticipate," "believe," and "will," among others. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are based upon Mawson’s current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, which include, without limitation, the possibility that Mawson’s need and ability to raise additional capital, the development and acceptance of digital asset networks and digital assets and their protocols and software, the reduction in incentives to mine digital assets over time, the costs associated with digital asset mining, the volatility in the value and prices of cryptocurrencies and further or new regulation of digital assets. More detailed information about the risks and uncertainties affecting Mawson is contained under the heading "Risk Factors" included in Mawson’s Annual Report on Form 10-K filed with the SEC on March 23, 2023, and Mawson’s Quarterly Report on Form 10-Q filed with the SEC on May 11, 2023, November 14, 2022 and in other filings Mawson has made and may make with the SEC in the future. One should not place undue reliance on these forward-looking statements, which speak only as of the date on which they were made. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Mawson undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made, except as may be required by law. 1 Based on the continued development of the Midland and Sharon facilities to their maximum capacity. Statements about ASIC miner capacity and Exahash forecasts or goals in this document are not an assurance that Mawson will have that many ASIC miners available to deploy (whether self-mining or hosted units), or that Mawson will be able to achieve that EH goal. Mawson’s ability to deploy units and achieve EH goals will depend on many factors such as Mawson’s future ASIC miner purchases and sales, our ability to attract future hosting customers, and the number of ASIC miners’ customers have to deploy, and the efficient and hash rate of those miners. View source version on businesswire.com: https://www.businesswire.com/news/home/20230515005546/en/ Contacts Investor Contact: Brett Maas 646-536-7331 [email protected] www.haydenir.com... - Reddit Posts (Sample): [['u/Possible-Magazine23', 'Seeing DCA strategy been discussed a lot. But what about a "ladder-down" limit order strategy? Let me know your thought please!', 62, '2023-07-02 00:31', 'https://www.reddit.com/r/Bitcoin/comments/14o7pvr/seeing_dca_strategy_been_discussed_a_lot_but_what/', 'Hey all,\n\nI\'m trying to come up with a strategy to add some more sats in the 2nd half of the year for the the next bull run. Given I already hold some, I don\'t want to chase any pump or fomo in. So instead of a traditional time-based DCA strategy, I\'m thinking maybe it\'s a better idea to "ladder-down" limit buy orders based on price (don\'t know if there\'s a better name for this). Below is an example.\n\nhttps://preview.redd.it/26bywffnhf9b1.png?width=312&format=png&auto=webp&v=enabled&s=8e3ccfc813d016096de6f2079cc292264cadd3fd\n\nIMO, comparing to DCA, this has at least 2 advantages -\n\n1. I personally view price as risk. This means I only buy when the risk is lower and automatically avoid it when risk is higher.\n2. This allows me to capture the downside volatility, aka "wicks". Those are not very uncommon for BTC and a limit order is basically the only way to capture them.\n\nThere are also 2 disadvantages -\n\n1. If the price goes sideway, I won\'t be able to add any.\n2. Risk of leaving money on an exchange and the opportunity cost of not having it in a safer place where you can get 5%+ now.\n\nI wanted to see what do y\'all think about this? What am I missing? Any thought, comment, or critic is highly appreciated!! \n\nUpdate: Just checked my Strike app and realized now I can do recurring buy using fund pulling by ach from a bank account, instead of depositing it first! This is very good news and makes time-based a bit more attractive!', 'https://www.reddit.com/r/Bitcoin/comments/14o7pvr/seeing_dca_strategy_been_discussed_a_lot_but_what/', '14o7pvr', [['u/99698694444449686999', 17, '2023-07-02 01:14', 'https://www.reddit.com/r/Bitcoin/comments/14o7pvr/seeing_dca_strategy_been_discussed_a_lot_but_what/jqbh5o6/', 'If you have infinite amount of money, then yes, you will win on distance. Otherwise, read this article first:\n\nhttps://en.m.wikipedia.org/wiki/Martingale_(probability_theory)', '14o7pvr'], ['u/fireyproof', 16, '2023-07-02 02:01', 'https://www.reddit.com/r/Bitcoin/comments/14o7pvr/seeing_dca_strategy_been_discussed_a_lot_but_what/jqbn0sq/', "Nothing worse than sitting on the sidelines watching it pump. You know it's unfathomably valuable and these prices are a bargain.", '14o7pvr'], ['u/Beautiful_Bass_3060', 13, '2023-07-02 02:31', 'https://www.reddit.com/r/Bitcoin/comments/14o7pvr/seeing_dca_strategy_been_discussed_a_lot_but_what/jqbqjtf/', 'Literally any strategy works so long as you buy low', '14o7pvr'], ['u/Hank___Scorpio', 30, '2023-07-02 02:45', 'https://www.reddit.com/r/Bitcoin/comments/14o7pvr/seeing_dca_strategy_been_discussed_a_lot_but_what/jqbs4tx/', 'I do a combination of the two. I dca weekly and then when my emergency fund becomes 150% of my target I ship that 50% to an exchange.\n\nI market buy immediately with 10% and then set 9 limit orders laddered down. If none hit, I clear them and repeat with another market buy and then 8 limit orders. Repeat until that money is exhausted.\n\nI usually use 2-4 weeks as my reset timer.', '14o7pvr'], ['u/berepere', 15, '2023-07-02 05:14', 'https://www.reddit.com/r/Bitcoin/comments/14o7pvr/seeing_dca_strategy_been_discussed_a_lot_but_what/jqc8e1u/', 'two obvious risks (compared to DCA)\n\n\\- some orders never get executed, OR\n\n\\- all orders are executed quickly and the price is much lower', '14o7pvr'], ['u/joannew99', 13, '2023-07-02 05:21', 'https://www.reddit.com/r/Bitcoin/comments/14o7pvr/seeing_dca_strategy_been_discussed_a_lot_but_what/jqc97ek/', "Whatever works for you. I think it's a bit of overthinking though. When the price of BTC is $70k+ it won't really matter that you bought at $27k instead of $30k. And if the price of BTC starts running to $35k+, you will probably end up cancelling your ladder orders to FOMO in.\n\nPersonally, I buy now and forget about it.", '14o7pvr']]], ['u/experiencenonsense', "Why I don't waste my time debating with crypto proponents anymore", 87, '2023-07-02 01:07', 'https://www.reddit.com/r/Buttcoin/comments/14o8jcx/why_i_dont_waste_my_time_debating_with_crypto/', 'In my opinion, many of them are willfully ignorant, intellectually dishonest and purposely deceptive people. They never argue in good faith and love to jump from on predictable talking point to another. These people function more like cultists and religious apologists than technology proponents. \n\nBefore you even debate a point with them, you already know how the whole discussion will go. \n\nIt\'s always the same old stupid apologetics and dumb arguments all the time\n\n- "Bitcoin isn\'t bad for the environment - it actually incentivizes renewables!" \n- "Bitcoin isn\'t a greater fool asset - I can send it from wallet to another" (this is an actual argument from a big time bitcoin influencer) \n- "Bitcoin isn\'t negative sum game because it\'s sound money"\n- "But what about the stock market!"\n- "Fiat is programmed to go to zero!"\n- "Crypto represents freedom, self sovereignty and ownership! No one can ever take my crypto from me!"\n - "blah blah blah"\n\nIt\'s mentally exhausting explaining why they\'re wrong and honestly stupid to think the things they do. \n\nThere is one good thing that happened though, there was one guy that I went back and forth with for a few days. Mostly discussing how Bitcoin is a decentralized or a headless ponzi. Explained how all the realised profits only come from other speculators and how it\'s impossible for everyone to profit and explained how it\'s a greater fool asset. The guy really didn\'t have a good rebuttal. I mean how could he? Was he going to prove how Bitcoin was positive sum game? \n\nAnyways, the argument started going in circles. I summed up my points and left it at that. A few months later I see the same guy in another post saying Bitcoin is a ponzi and repeating some of the points I made almost verbatim. Sent him a message and had a nice friendly chat with dude. Felt wholesome. \n\nSo there\'s that I guess. \n\nWhat about you guys? Do you still debate with crypto people? Do you see any value debating and discussing crypto with enthusiasts?', 'https://www.reddit.com/r/Buttcoin/comments/14o8jcx/why_i_dont_waste_my_time_debating_with_crypto/', '14o8jcx', [['u/Potential-Coat-7233', 53, '2023-07-02 01:10', 'https://www.reddit.com/r/Buttcoin/comments/14o8jcx/why_i_dont_waste_my_time_debating_with_crypto/jqbgnz4/', 'Outside of crypto, if someone is 100% sure of something and wants to have a conversation about it, they are most likely only concerned with bringing you to their position.\n\nI’m not 100% sure about most things.', '14o8jcx'], ['u/Mongorize', 19, '2023-07-02 01:26', 'https://www.reddit.com/r/Buttcoin/comments/14o8jcx/why_i_dont_waste_my_time_debating_with_crypto/jqbiq72/', 'I’m with you on that. It’s actually like trying to debate with intellectually challenged Children. I just don’t engage anymore with them for two reasons:\n\n1) There’s no point as they’re far beyond brainwashed it’s just pointless\n\n2) I’m banned from all their subs because they don’t like it when you point out their scams', '14o8jcx'], ['u/experiencenonsense', 18, '2023-07-02 01:29', 'https://www.reddit.com/r/Buttcoin/comments/14o8jcx/why_i_dont_waste_my_time_debating_with_crypto/jqbj2sz/', "Just mentally burnt out I guess. Keep hearing all the same nonsensical talking points again and again. \n\nHow many times and how many different ways can you explain why crypto is all just a bunch of bullshi pretending to be advanced technology and a financial revolution when it's really just a bunch of scams and gambling on inefficient poop.\n\n🤷\u200d♂️ I don't know. Just venting.", '14o8jcx'], ['u/Motor_Reputation_331', 18, '2023-07-02 02:05', 'https://www.reddit.com/r/Buttcoin/comments/14o8jcx/why_i_dont_waste_my_time_debating_with_crypto/jqbnhry/', 'Tbh I don’t know a single person in real life that still cares about crypto and I don’t use other social media outside Reddit, so if it wasn’t for this site I would assume that no one cared anymore at all. \n\nAs far as I’m concerned crypto isn’t something to debate it’s just something to laugh at, it’s just unfortunate how much damage it’s doing to the environment before people finally let it die.', '14o8jcx'], ['u/AsteriAcres', 19, '2023-07-02 03:05', 'https://www.reddit.com/r/Buttcoin/comments/14o8jcx/why_i_dont_waste_my_time_debating_with_crypto/jqbudmy/', "Yes! This! I'm begging folks to ORGANIZE & ACTIVATE against them instead of trying to reason or debate with them. \n\nIf you're in Texas, please consider joining the Texas Coalition Against Cryptomining & everywhere else should join or support the National Coalition Against Cryptomining.", '14o8jcx'], ['u/halloweenjack', 14, '2023-07-02 04:01', 'https://www.reddit.com/r/Buttcoin/comments/14o8jcx/why_i_dont_waste_my_time_debating_with_crypto/jqc0n47/', 'If someone can watch Dan Olson\'s "Line Goes Up" or even spend about ten minutes or so going through Molly White\'s Web3 Is Going Just Great and still support crypto, then they\'re not worth wasting my time on. If they can\'t be bothered to do even that with an open mind, then they\'re definitely not worth my time. Legit businesses and investment opportunities don\'t shun criticism; cults have a plethora of ways of deflecting it. Everyone should know by now what happens when you put your tongue on the metal pole in freezing weather.', '14o8jcx'], ['u/experiencenonsense', 16, '2023-07-02 17:04', 'https://www.reddit.com/r/Buttcoin/comments/14o8jcx/why_i_dont_waste_my_time_debating_with_crypto/jqdzqyo/', 'Yeah Dan Olson\'s video was what did it for me. Actually I was so brainwashed at that point, that I didn\'t even watch it at first but immediately searched for "Dan Olson Debunked" ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 traded little changed and Ether gained on Monday morning in Asia, with prices of most other top 10 non-stablecoin cryptocurrencies mixed. Solana added to gains after a slump that followed it being labeled a security by the U.S. financial regulator. Litecoin led winners, still riding the optimism of being included in the tokens trading on the Wall Street-backed EDX Markets exchange that opened on June 20.\nBitcoin added 0.41% to US$30,730.25 over the last 24 hours to 6:30 a.m. in Hong Kong, according to CoinMarketCapdata. After a jump that followed a raft of Bitcoin spot exchange-traded fund (ETF) applications in the final weeks of June, the world’s largest cryptocurrency by market capitalization has lost direction, adding just 0.61% over the past seven days.\nThe U.S. regulator that approves ETFs, the Securities and Exchange Commission (SEC), on Friday indicated it was unimpressed by the Bitcoin ETF applications by financial heavyweights such asBlackrockandFidelity Investments, according to areportby the Wall Street Journal.\nEther, the world’s second biggest token by market capitalization, added 1.49% to US$1,954.67.\xa0 It’s gained 2.65% for the seven days.\nSolana was among the gainers in mixed early Asia trading for other top 10 non-stablecoin cryptocurrencies by market capitalization. The token rose 5.48% to US$19.43 for a weekly gain of 14.47%.\nSolana is rallying after a raft of bearish indicators last week, with Solana-based non-fungible token (NFT) protocol Cardinal saying it wasshutting down, citing “macroeconomic challenges.” The Revolut neobank and crypto exchange also reportedlytoldU.S.-based users last Wednesday that it will delist Solana, along with Cardano and Polygon.\nThe three tokens were among cryptocurrencies that the SEC named as illegally issued financial securities in itslawsuitfiled last month against the Coinbase and Binance.US exchanges.\nVitalik Buterin, the creator of Ethereumwroteon Twitter on Friday that the tokens don’t deserve to be targeted.\xa0 “If ethereum ends up “winning” through all other blockchains getting kicked off exchanges, that’s not an honorable way to win, and in the long term probably isn’t even a victory.”\nLitecoin led the gainers with a 6.37% increase in the last 24 hours to US$112.96. The token surged 27.98% in the past seven days.\nLitecoin, which was created in 2011 as a hard fork to Bitcoin, was one of the four tokens selected to trade on the EDX Markets exchange, which is backed by Citadel Securities and Fidelity Investments. The other tokens are Bitcoin, Ether and Bitcoin Cash. The New Jersey-based EDX opened for business despite thecrackdownon crypto from U.S. regulators.\nThe California-based crypto exchange Kraken wasorderedby a U.S. judge on Friday to submit information about its users to the Internal Revenue Service in an investigation of underreported tax liabilities. The crypto exchange wasfinedUS$30 million in February by the SEC for its staking services, which the federal agency said were an offering of unregistered securities.\nOther crypto movers included Tron, which dipped 1.85% to US$0.07572, but gained 3.31% for the week. Binance’s BNB token edged down 0.31% to US$247.13, and Cardano’s ADA fell 0.13% to US$0.2905.\nThe total cryptocurrency market cap edged up 0.02% to US$1.2 trillion, with trading volume dropping 7.54% to US$27.26 billion, according to CoinMarketCap data.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nIn the non-fungible token (NFT) market, the Forkast 500 NFT index fell 1.49% to 2,910.36 in the 24 hours to 7:30 a.m. in Hong Kong. The index is down 4.59% for the week.\nTotal NFT trading volume dipped 9.68% to US$28.3 million, while volume on Ethereum rose 3.12% to US$22.3 million.\n“Brutal weekend for NFTs,” said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News. “It might be easy to point to Azuki’s Elementals mint as the catalyst still, but lowering average sales and floor prices in top collections prior to Elementals mint showed that we were on the cusp of another free fall.”\nThe AzukiElementalscollection began minting last Tuesday and sold out in 15 minutes, but left collectors disappointed as the latest collection looked almost the same as the original.\nAzuki founder Alex Xu, who goes by the moniker Zagabond, met with its community last Thursday to address complaints about the mint and Elementals issued a public apology onTwitter, saying they “missed the mark” and that the new release diluted the value of the popular collection.\nEthereum-based Bored Ape Yacht Club NFTs topped the volume ranking on Cryptoslam at US$3.87 million. Another Ethereum-based collection, The Captainz, came in at second place with US$2.3 million.\nOver the weekend, the Memeland team behind The Captainz NFTs,revealedtheir PFPs or Profile Picture art upgrades for the collection but met with mixed to negative response. “Most negative responses to the art came from people who were unaware that the art would be upgradeable with purchasable traits,” Petscher explained. “Without these traits the base characters are nearly identical, which caused some confusion in the NFT community.”\nU.S. stock futures werelittle changedas of 10:20 a.m. in Hong Kong. Dow Jones Industrial Average futures edged down 0.029%, S&P 500 futures dipped 0.011%, while Nasdaq Futures added 0.068%.\nU.S. equities rallied during regular trading on Friday, the last day of the first half of 2023, though face disruptions to trading this week with limited trading hours on Monday and the July 4 public holiday on Tuesday when equity markets will be closed.\nEconomic indicators to come this week include US manufacturing activity on Monday as well as a monthly jobs report on Friday. Tesla Inc.’s Sundayannouncementof record-breaking vehicle sales in the second quarter is a bullish factor for investors.\nJapan equities on Monday gained on the coattails of the Friday rally on Wall Street, with technology stocksleading the gainsin Tokyo.\nIn China manufacturingslowed, but by less than expected. Both purchasing managers’ Indices in Taiwan and South Korea also showed manufacturing contraction.\nOn Wednesday, U.S. Treasury Secretary Janet Yellen is traveling to China in an effort to try andimprovecommunications and the frosty ties between the world’s two largest economies.\nInvestors are expecting more interest rate hikes this year in the U.S. following reiterated warnings from Fed Chair Jerome Powell in speeches last week in Europe that inflation has yet to be brought under control.\nU.S. interest rates are now between 5% and 5.25%, the highest since 2006. The CME FedWatch Tool predicts an 87.4% chance for a 25-basis-point rate hike at the Fed’s next meeting on July 26 and predicts only a 12.6% chance the Fed will leave rates unchanged.\n(Updates to add equities section)', 'Bitcoin traded little changed and Ether gained on Monday morning in Asia, with prices of most other top 10 non-stablecoin cryptocurrencies mixed. Solana added to gains after a slump that followed it being labeled a security by the U.S. financial regulator. Litecoin led winners, still riding the optimism of being included in the tokens trading on the Wall Street-backed EDX Markets exchange that opened on June 20.\nBitcoin added 0.41% to US$30,730.25 over the last 24 hours to 6:30 a.m. in Hong Kong, according to CoinMarketCapdata. After a jump that followed a raft of Bitcoin spot exchange-traded fund (ETF) applications in the final weeks of June, the world’s largest cryptocurrency by market capitalization has lost direction, adding just 0.61% over the past seven days.\nThe U.S. regulator that approves ETFs, the Securities and Exchange Commission (SEC), on Friday indicated it was unimpressed by the Bitcoin ETF applications by financial heavyweights such asBlackrockandFidelity Investments, according to areportby the Wall Street Journal.\nEther, the world’s second biggest token by market capitalization, added 1.49% to US$1,954.67.\xa0 It’s gained 2.65% for the seven days.\nSolana was among the gainers in mixed early Asia trading for other top 10 non-stablecoin cryptocurrencies by market capitalization. The token rose 5.48% to US$19.43 for a weekly gain of 14.47%.\nSolana is rallying after a raft of bearish indicators last week, with Solana-based non-fungible token (NFT) protocol Cardinal saying it wasshutting down, citing “macroeconomic challenges.” The Revolut neobank and crypto exchange also reportedlytoldU.S.-based users last Wednesday that it will delist Solana, along with Cardano and Polygon.\nThe three tokens were among cryptocurrencies that the SEC named as illegally issued financial securities in itslawsuitfiled last month against the Coinbase and Binance.US exchanges.\nVitalik Buterin, the creator of Ethereumwroteon Twitter on Friday that the tokens don’t deserve to be targeted.\xa0 “If ethereum ends up “winning” through all other blockchains getting kicked off exchanges, that’s not an honorable way to win, and in the long term probably isn’t even a victory.”\nLitecoin led the gainers with a 6.37% increase in the last 24 hours to US$112.96. The token surged 27.98% in the past seven days.\nLitecoin, which was created in 2011 as a hard fork to Bitcoin, was one of the four tokens selected to trade on the EDX Markets exchange, which is backed by Citadel Securities and Fidelity Investments. The other tokens are Bitcoin, Ether and Bitcoin Cash. The New Jersey-based EDX opened for business despite thecrackdownon crypto from U.S. regulators.\nThe California-based crypto exchange Kraken wasorderedby a U.S. judge on Friday to submit information about its users to the Internal Revenue Service in an investigation of underreported tax liabilities. The crypto exchange wasfinedUS$30 million in February by the SEC for its staking services, which the federal agenc Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-03 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $597,278,836,700 - Hash Rate: 344916211.10459125 - Transaction Count: 328114.0 - Unique Addresses: 655439.0 Social & AI Sentiment: - Fear & Greed Index: 0.62 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Hopes surrounding a potential U.S. Bitcoin ETF filing by investment giant BlackRock fueled a bullish sentiment among some traders early Friday. Bitcoin regained the $25,500 level to erase declines of the past two days, when it fell to as low as $24,860. The move provided some respite to major tokens such as Polygon Network’s MATIC and Cardano’s ADA, which eased some losses from a two-day slide. Dogecoin (DOGE) led gains among major tokens with a 4% move in the past 24 hours; litecoin added (LTC) added 3.3%. On Thursday, CoinDeskreportedthat BlackRock planned to offer a Bitcoin ETF with crypto exchange Coinbase (COIN) serving as custodian. This was confirmed later after a filing showed the company’s iShares fund management unitfiled paperworkfor the formation of a spot bitcoin (BTC) ETF. “An estimated 20% of Americans have now owned bitcoin at some point. BlackRock’s proposed ETF potentially offers the other 80% an option that is altogether more familiar and accessible,” said Sui Chung, CEO of CF Benchmarks, in an email to CoinDesk. “BlackRock’s increasing engagement shows Bitcoin continues to be an asset of interest for some of the world’s largest financial institutions.” As such, the market strength of bitcoin impacted shorts – or bets against the currency – the asset with BTC-tracked futures seeing over $16 million in short liquidations in the past 24 hours. This figure was smaller than usual due to large declines in the past week, causing some traders to risk less capital than they normally would. The U.S. Securities and Exchange Commission (SEC) has previously rejected other attempts by fund managers at listing a spot bitcoin ETF, including those from Grayscale, VanEck, and WisdomTree. However, the stature of BlackRock could make it difficult for the SEC to reject this application – whichsome saycould fuel an outsized bitcoin rally if approved.... - Reddit Posts (Sample): [['u/wtfCraigwtf', 'Does "Hashrate Follow Price"? Do Crypto Miners Truly Make Rational Choices?', 16, '2023-07-03 03:30', 'https://www.reddit.com/r/btc/comments/14p581h/does_hashrate_follow_price_do_crypto_miners_truly/', 'Most crypto OGs will tell you that "Mining Hashrate Follows Price", and this is generally regarded as axiomatic in the crypto mining space. I\'d like to challenge this notion and I hope to stimulate a healthy debate on the subject. I believe that Mining Choice is more arbitrary than people realize due to bounded rationality and information asymmetry . Let\'s examine the BTC mining since as it\'s by far the biggest portion of the mining space.\n\nIt\'s logical that a miner will make a rational choice which coin to mine in order to maximize their profits, so that their operation remains sustainable, but\n\n* Can BTC price be predicted reliably to make a choice which generates sustainable profit?\n\nMost readers here are familiar with the massive inefficiencies and mind-blowingly stupid decisions involved in the use, development, and mining of BTC. BTC mining uses astronomical quantities of energy to create tiny blocks which are now being filled with pointless dickbutt pictures. BTC price likely exceeds its value by orders of magnitude given it\'s low fungibility and usability, and externalities like high fees and long confirmation times. Regulatory uncertainty plagues the crypto space, governments are salivating about bans, prices yo-yo up and down constantly, exchanges are fly-by-night outfits, and coins are hacked and stolen almost daily. Crypto is the Wild West, and no one knows what will happen, much less what the price will be in the future.\n\nLogical debate about what cryptocurrency is and will be in the future is routinely censored. Most BTC cult followers have a low level of intellect and/or are completely bamboozled by ludicrous propaganda. Billionaires like Michael Saylor and Mike Novogratz fall for the same silly narratives (and likely have their own dystopian intentions), and invest their hoards into BTC. The actions of everyone in the entire space determine the price of BTC, yet 90% of BTC users don\'t even hold their coins. Lest we forget, cryptocurrency is STILL AN EXPERIMENT which is less than 20 years old. What appears to be a Nash Equilibrium in BTC could collapse at any second in an EMP attack. Against a backdrop of a highly unstable global banking system, the spectre of fiat hyperinflation, the likely beginning of WWIII, and with a totalitarian surveillance state looming, uncertainty about crypto is off the charts.\n\nTherefore it\'s not a stretch to conclude that Crypto Mining is NOT Rational Behavior. It\'s a speculative venture in a brand new technological financial space. Many fortunes have been made and lost in crypto mining, and it\'s entirely possible that the winners were simply luckier than the losers. Crypto mining by nature is deeply speculative and risky. Surely the massive windfalls of the OG Bitcoiners motivates miners to this day, but past performance does not predict future results.\n\n* Does a miner need to be profitable, or may they have another motivation?\n\nMining BSV isn\'t profitable, the entire BSV ecosystem was created by a gambling billionaire whose criminal charges were mysteriously dropped and a serial fraudster who lies pathologically to judges around the world about inventing Bitcoin. The coin isn\'t used by anyone, the transactions are generated using bots, and mining is likely subsidized by the founders and whoever gave them $100 million+. Any BSV miners who was acting rationally could immediately switch to mining BCH or BTC for 3x the profits, yet they don\'t.\n\n* Are short-term gains more important than long-term gains?\n\nWe\'ve all heard about SHA256 miners who automagically switch between mining BTC and BCH due to the broken difficulty adjustment in BTC. But why didn\'t half of BTC\'s hashrate switch to mining BCH last month when BCH price TRIPLED? If those miners were rational, they would\'ve mined BCH for a week or two before BTC diff adjusted, and traded the BCH they mined for BTC. BCH hashrate did double, but it didn\'t keep up with BCH price. BTC difficulty did adjust downward to mid-June levels, but not enough to keep miners on BTC at today\'s BCH prices. It\'s likely that their calculations involve predictions about longer-term price moves rather than short-term fluctuations.\n\n* How does mining centralization affect miner choices and profits?\n\nIf only one entity mined BTC, they could shut down 99.99% of their miners and the BTC network would still function. That miner would make astronomical profits for the near term, but the entire BTC space would need to trust that entity, and governments would likely shut it down or seize it immediately. There is a constant drive to monopolize mining, and over the long term this can figure into the calculation of what is rational much more than daily or monthly price metrics. But making massive profits by capturing mining is not the only reason to establish a monopoly: if and when governments move to monopolize crypto mining, cost won\'t be an obstacle, and profit won\'t be a motivator.\n\nFor these reasons I believe hashrate does NOT *necessarily* follow price.\n\nEDITS, Well this has been a good thread, here are some updates.\n\nReally the question we\'re asking is "TO WHAT DEGREE does hashrate follow price"? The answer is surely on a spectrum rather than a black and white "yes" or "no". Jonathan has provided some nice stats which show that BTC and BCH hashrates are fairly closely correlated with that trading pair (rather than vs USD or other fiat). To me this implies that miners DO make calculations fairly often to optimize their SHORT-TERM profits. As to whether this is rational remains to be seen. \n\nWe haven\'t talked about shitcoin mining, there are thousands of coins that are mostly mined by hobbyists in their garages. These are people who have a variety of reasons to mine other than profit. Perhaps their hardware has become obsolete in the mining arms race, they simply enjoy running a lot of computers and being geeks, or possibly they do truly believe that someday their shitcoins will be worth billions. ', 'https://www.reddit.com/r/btc/comments/14p581h/does_hashrate_follow_price_do_crypto_miners_truly/', '14p581h', [['u/jtoomim', 14, '2023-07-03 07:02', 'https://www.reddit.com/r/btc/comments/14p581h/does_hashrate_follow_price_do_crypto_miners_truly/jqgxe8m/', "> Are short-term gains more important than long-term gains?\n\nFor a miner? Yes. If a miner can get 10% more USD worth per day per 100 TH/s by mining BTC than by mining BCH, and if they believe that BCH's long-term future is better than BTC's, then (if they're rational) that miner will mine BTC and immediately sell/trade it for BCH. They will get 10% more BCH this way than if they mined BCH directly.", '14p581h'], ['u/jtoomim', 12, '2023-07-03 07:10', 'https://www.reddit.com/r/btc/comments/14p581h/does_hashrate_follow_price_do_crypto_miners_truly/jqgy37s/', "> Mining BSV isn't profitable\n\nActually, most of the time, mining BSV is [just as profitable](https://sv.coin.dance/blocks/profitability) as mining BTC. There are occasions on which there's more hashrate mining BSV than is rational for a non-interested party, and this is likely because Calvin Ayre and Coingeek get an external benefit from propping up BSV's hashrate due to their large BSV holdings. But for the majority of BSV's history, its mining profitability has been at parity with BCH and BTC.\n\n> Any BSV miners who was acting rationally could immediately switch to mining BCH or BTC for 3x the profits, yet they don't.\n\nNo, the profitability advantage for mining BTC instead of BSV [is currently](https://coin.dance/#profitability) ~~10%~~ ~~4.7%~~ 1.8%, not 3x.\n\nYou're right that miners occasionally have reasons other than straight profitability for choosing which chain to mine on, and BSV is an example of that. As a long-run scam coin, BSV's hashrate has often been propped up by its creators in order to facilitate their pump-and-steal-Satoshi's-coins-and-dump scheme.\n\nBut you're wrong in both the magnitude of these effects (off by about 40x for BSV), and you're wrong in thinking that these effects are relevant to BCH or BTC outside of hard fork/chainsplit/hash war circumstances.", '14p581h'], ['u/jtoomim', 21, '2023-07-03 07:21', 'https://www.reddit.com/r/btc/comments/14p581h/does_hashrate_follow_price_do_crypto_miners_truly/jqgz1dq/', "If hashrate doesn't necessarily follow price, why is it that the profitabilities per TH/s for mining BTC and for mining BCH are almost always within a few percent of each other?\n\nhttps://cash.coin.dance/blocks/profitability\n\nYou seem to have gotten yourself confused with a lot of long-winded argumentation. Empirically speaking, the hashrate-follows-price relationship is quite strong.", '14p581h']]], ['u/Paragon_Voice', 'Bitcoin Inheritance for Descendants', 13, '2023-07-03 04:18', 'https://www.reddit.com/r/Bitcoin/comments/14p68c6/bitcoin_inheritance_for_descendants/', "What is the safest and most secure way to make sure the Bitcoin I've accumulated can be handed down to my children. I do not want to have to trust any 3rd party.\n\nI want to make a stipulation on being able to obtain their inheritance that they must have read The Bitcoin Standard, and the Bitcoin Whitepaper as required reading.\n\nBut ultimately, I need to make sure that my keys can be transferred to my children when I kick the bucket.\n\nSuggestions?", 'https://www.reddit.com/r/Bitcoin/comments/14p68c6/bitcoin_inheritance_for_descendants/', '14p68c6', [['u/VaporWavey420', 31, '2023-07-03 04:28', 'https://www.reddit.com/r/Bitcoin/comments/14p68c6/bitcoin_inheritance_for_descendants/jqghkg8/', 'Send them on a wild scavenger hunt across the globe to find your keywords with hopes 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: ['Xinhua/Wang Ying/ Getty Images US stocks gained in a shortened day of trading on Monday ahead of Independence Day. The S&P 500 surged 16% in the first half of the year, and investors are hoping to extend those gains into the second half. Tesla stock surged as much as 9% after the company announced second-quarter deliveries that beat analyst estimates. US stocks edged higher on Monday in a shortened day of trading ahead of Tuesday\'s Independence Day. The stock market closed at 1 p.m. on Monday, and will be closed on Tuesday. The S&P 500 surged 16% in the first half of the year, while the Nasdaq 100 was up almost 39%. Investors are hoping to extend those gains into the second half of the year, looking to avoid too much turbulence in the face of recession forecasts and the prospect of more tightening by the Federal Reserve. Fundstrat\'s Tom Lee raised his year-end S&P 500 price target to 4,825 on Monday. The ardent market bull said the Fed is wining the war on inflation, which will give the central bank room to pull back on its aggressive policy. Here\'s where US indexes stood at the 1:00 p.m. ET close on Monday: S&P 500 : 4,455.59, up 0.12% Dow Jones Industrial Average : 34,418.47, up 0.03% (10.87 points) Nasdaq Composite : 13,816.77, up 0.21% Here\'s what else happened today: Not all investors are feeling bullish. PIMCO CIO Dan Ivascyn is warning about a "harder landing" for the global economy and arguing that investors are too bullish about central banks\' inflation fight. Tesla stock surged nearly 6% after the company announced second-quarter deliveries that beat analyst\'s most bullish expectations. The company delivered 466,000 vehicles in the quarter. Wedbush analyst Dan Ives said Tesla\'s recent price cuts were a "smart poker move" that helped the company make record deliveries in the quarter. Wharton professor Jeremy Siegel said the bull run in stocks can go on for a lot longer even as the Fed wages a "war on growth." Indian oil refiners are beginning to use China\'s yuan instead of the US dollar to buy crude oil from Russia. Story continues In commodities, bonds and crypto: West Texas Intermediate crude oil fell 0.52% to $70.27 per barrel. Brent crude , oil\'s international benchmark, dropped 0.36% to $75.14. Gold jumped 0.11% to $1,931.60 per ounce. The yield on the 10-year Treasury was flat at 3.85%. Bitcoin rose 1.25% to $31,002, while ether jumped 1.22% to $$1,960. Read the original article on Business Insider', '• US stocks gained in a shortened day of trading on Monday ahead of Independence Day.\n• The S&P 500 surged 16% in the first half of the year, and investors are hoping to extend those gains into the second half.\n• Tesla stock surged as much as 9% after the company announced second-quarter deliveries that beat analyst estimates.\nUS stocks edged higher on Monday in a shortened day of trading ahead of Tuesday\'s Independence Day. The stock market closed at 1 p.m. on Monday, and will be closed on Tuesday.\nTheS&P 500surged 16% in the first half of the year, while theNasdaq 100was up almost 39%. Investors are hoping to extend those gains into the second half of the year, looking to avoid too much turbulence in the face of recession forecasts and the prospect of more tightening by the Federal Reserve.\nFundstrat\'s Tom Leeraised his year-end S&P 500 price target to 4,825 on Monday.The ardent market bull said the Fed is wining the war on inflation, which will give the central bank room to pull back on its aggressive policy.\nHere\'s where US indexes stood at the 1:00 p.m. ET close on Monday:\n• S&P 500:4,455.59, up 0.12%\n• Dow Jones Industrial Average:34,418.47, up 0.03% (10.87 points)\n• Nasdaq Composite:13,816.77, up 0.21%\nHere\'s what else happened today:\n• Not all investors are feeling bullish.PIMCO CIO Dan Ivascyn is warning about a "harder landing"for the global economy and arguing that investors are too bullish about central banks\' inflation fight.\n• Tesla stock surged nearly 6%after the company announced second-quarter deliveries that beat analyst\'s most bullish expectations. The company delivered 466,000 vehicles in the quarter.\n• Wedbush analystDan Ives said Tesla\'s recent price cuts were a "smart poker move"that helped the company make record deliveries in the quarter.\n• Wharton professor Jeremy Siegel saidthe bull run in stocks can go on for a lot longereven as the Fed wages a "war on growth."\n• Indian oil refinersare beginning to use China\'s yuan instead of the US dollar to buy crude oilfrom Russia.\nIn commodities, bonds and crypto:\n• West Texas Intermediate crudeoil fell 0.52% to $70.27 per barrel.Brent crude, oil\'s international benchmark, dropped 0.36% to $75.14.\n• Goldjumped 0.11% to $1,931.60 per ounce.\n• The yield on the 10-year Treasury was flat at 3.85%.\n• Bitcoin rose 1.25% to $31,002, while ether jumped 1.22% to $$1,960.\nRead the original article onBusiness Insider', 'Bitcoin climbed above US$31,000 in Tuesday morning trading in Asia after Blackrock refiled a Bitcoin exchange-traded fund (ETF) application in the U.S. after the regulator criticised an earlier filing, suggesting the world\x92s biggest money manager is determined to take a lead in cryptocurrency markets. Ethereum also logged gains amid institutional interest, while other top 10 non-stablecoin cryptocurrencies traded mixed. Polygon led the winners and Litecoin the losers. Crypto Bitcoin rose 1.83% over the last 24 hours to US$31,142 at 07:50 a.m. in Hong Kong, moving up 2.85% for the past seven days, according to data from CoinMarketCap. The world\x92s largest cryptocurrency reached a high of US$31,371 early Tuesday morning, the highest since June 2022. BlackRock submitted an amended application for a spot Bitcoin ETF on Monday, after the U.S. Securities and Exchange Commission (SEC) said BlackRock\x92s original filing was inadequate. BlackRock indicated in the new filing that Coinbase, the custodian of the proposed ETF\x92s Bitcoin holdings, will provide market surveillance to support the ETF, according to a Bloomberg report on Tuesday. Several other financial institutions have filed Bitcoin ETF applications despite a crackdown last month by the SEC, which filed lawsuits against Binance.US and Coinbase last month for allegedly violating securities laws in trading cryptocurrencies. In emailed comments, Jeff Mei, chief operating officer of digital asset exchange BTSE , said the SEC criticism of the application caused some selling last week, but \x93investors remain quietly optimistic about future approvals.\x94 Ether gained 1.18% to US$1,954.24, and added 5.23% for the week. Bitcoin and Ether have both seen increased interest from financial institutions in the past week, according to a Monday report from European cryptocurrency investment firm CoinShares. Bitcoin-linked digital asset investment products saw net inflows of around US$123 million in the week ending June 30, while Ethereum-linked products had net inflows of around US$2.7 million. Digital asset investment products have seen two weeks of net inflows since June 19, after logging 9 weeks of consecutive outflows. Story continues Most other top 10 non-stablecoin tokens traded higher in the past 24 hours, with Polygon\x92s Matic token spearheading the rally with a gain of 4.60% to US$0.7119. It\x92s up 10.18% for the week despite the U.K.-based fintech neobank and crypto exchange Revolut plans to delist Polygon, Solana and Cardano tokens for its U.S. users in September, according to a report by the Block on Monday. Litecoin led the losers in a potential price correction, falling 5.83% to US$106.69. It still logged weekly gains of 22.47% driven higher by the token\x92s upcoming third halving event on August 2, which will make the token scarcer. Litecoin investors also received a boost after the token was selected to trade on the newly established EDX Markets exchange , which opened on June 20 and is backed by Wall Street heavyweights, including Citadel Securities, Fidelity Investments and Charles Schwab. The total cryptocurrency market cap rose 1.28% to US$1.22 trillion in the last 24 hours, while crypto trading volume rose 26.34% to US$37.86 billion, according to CoinMarketCap data. NFT volumes gain The indexes are proxy measures of the performance of the global NFT market. They are managed by CryptoSlam , a sister company of Forkast.News under the Forkast.Labs umbrella. In the non-fungible token (NFT) market, the main Forkast 500 NFT index fell 1.08% in the 24 hours to 09:40 a.m. in Hong Kong to 2,750, down 5.06% for the week. The two Forkast indexes measuring the performance of Ethereum and Polygon NFT markets logged moderate increases. NFT trading volume on Ethereum rose 18.72% in the past 24 hours to US$27.29 million, according to CryptoSlam data, while Polygon\x92s volumes surged 121.63% to more than US$1.89 million. Trading volumes also rose on the Bitcoin, Solana and BNB Chain networks. Bored Ape Yacht Club (BAYC), the second largest NFT collection by market cap, saw trading volume jump 52.56% to US$4.98 million, with Ethereum-based NFT collections Azuki and Mutant Ape Yacht Club (MAYC) ranking the second and the third. \x93A bit of a rebound today on the ETH side, which is in the green for the first time in days. Top collections like Bean, Azuki, and MAYC have had increases in their floor prices 7-20% and even BAYC has slowed its decline,\x94 said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News. However, the floor prices of some major NFT collections are still holding considerable losses for the past week, with BAYC floor price falling over 20% in the past seven days and Azuki sliding more than 50% over the same period, according to data from CoinGecko. Azuki Elementals are a collection of 20,000 NFTs launched on June 27 as a spin-off of the original Azuki collection. While the Elementals sold out within 15 minutes, collectors started to complain that the supposed new NFTs looked almost id Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-04 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $602,565,338,325 - Hash Rate: 357504393.99162006 - Transaction Count: 378556.0 - Unique Addresses: 645583.0 Social & AI Sentiment: - Fear & Greed Index: 0.64 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Dash, a blockchain powering the namesake privacy-focused coin, stopped processing transactions and producing new blocks early Monday morning, according to Samuel Westrich, CTO of Dash Core Group. “There was a problem during v19 activation of Dash Core," Westrich tweeted around 5 a.m. UTC (1 a.m. EST). "The chain is stalled and currently not producing blocks," he added. "We have everyone investigating the issue." Several hours later, Dash Core developer Pasta tweeted that the devs had identified issues and were working on a fix. “There are two options we are investigating, and everyone is focused on promptly resolving this issue,” Pasta wrote, adding that the planned release of the latest Dash Core client update, v19, might be delayed to resolve the issues first. According to Pasta blocks and transactions on the Dash blockchain will not be considered final until an update is deployed. Exceptions will be made for two sorts of transactions specific for Dash: ChainLocked and InstantSend locked transactions. One Dash Discord member – citing a call with the developers – said the update might be delayed until June 14. For the last 10 hours, there have been no fresh updates from the developers team and Westrich has not returned CoinDesk’s request for comment by press time. Following the news, crypto exchange Binance announced that its own mining pool for DASH will suspend the distribution of mining rewards until the blockchain resumes block production. A user on the DashPay Reddit page suggested that the planned v19 update did not go smoothly. The developers launched a hard fork, which introduced a new type of nodes, and these new nodes created a mess, so the blockchain split into two chains running in parallel. “The chain appears to have bifurcated now with some nodes running forward past the fork block 1874880 and others still stuck on 1874879,” user xkcdmpx wrote . “It seems about 10-20% of the network is able to move forward, however, we do not have confirmation if this is the 'correct' chain." Story continues Some later posts in the thread had been since deleted and users complained about excessive subreddit moderation on the official Dash forum . Update in the air The update for Dash network clients was announced on April 14 and included significant modifications on how the nodes and wallets function. The update requires a hard fork – an irreversible change in the protocol rules that needs to be adapted by the absolute majority of nodes – otherwise the blockchain will split into two parallel versions of transaction history. After the v19 activation, a new version of Dash masternodes will be introduced, with higher collateral requirements and more authority on the blockchain, according to the Dash Core official website . Masternodes host full copies of the blockchain and support some complex functions of Dash. They need to post a collateral to operate, receive rewards for supporting the network and also can vote to support new projects for Dash. The update will bring a number of other changes for nodes, wallets, Dash anonymity features and other aspects of the blockchain’s operation, including copying some of the features of the Bitcoin blockchain. One of the new features will be that transactions that appear “stuck” in the queue to be processed will be re-sent sooner that they are now, after one hour, instead of the current more than 24-hour delay. At the same time, Dash Core has been working on the Dash Platform v0.24 update on testnet to bring some high-level updates to how the blockchain works. Dash was launched in 2014, more than a year later than Ethereum, but hasn’t been enjoying massive popularity, currently with a market cap of $493 million, 85th in size on CoinMarketCap .... - Reddit Posts (Sample): [['u/corey407woc', 'How much Bitcoin do you need to be in the 1% of Bitcoin holders??', 13, '2023-07-04 00:06', 'https://www.reddit.com/r/Bitcoin/comments/14pwgot/how_much_bitcoin_do_you_need_to_be_in_the_1_of/', 'We always see 0.28 thrown around to be 1% of global population, was curious for people who already own btc, what is the number of BTC a person needs to be considered 1% of all current holders? 1? 2.1? 3?', 'https://www.reddit.com/r/Bitcoin/comments/14pwgot/how_much_bitcoin_do_you_need_to_be_in_the_1_of/', '14pwgot', [['u/The-real-W9GFO', 10, '2023-07-04 00:20', 'https://www.reddit.com/r/Bitcoin/comments/14pwgot/how_much_bitcoin_do_you_need_to_be_in_the_1_of/jqk8zlt/', 'That would be owning 1% of all bitcoin, not the same as being in the top 1% of people holding bitcoin.', '14pwgot'], ['u/HaveRewengey', 11, '2023-07-04 00:34', 'https://www.reddit.com/r/Bitcoin/comments/14pwgot/how_much_bitcoin_do_you_need_to_be_in_the_1_of/jqkatsd/', "It's not that number, as the distribution impacts the percentage...it's not just simple division.\n\nThe best guesses based on on-chain analysis is anywhere from 3-4 BTC to be in the top 1% of all BTC holders.", '14pwgot'], ['u/Astewen', 17, '2023-07-04 01:03', 'https://www.reddit.com/r/Bitcoin/comments/14pwgot/how_much_bitcoin_do_you_need_to_be_in_the_1_of/jqkeka9/', 'The most recent number I heard was 3.4 BTC puts you in the top 1%', '14pwgot'], ['u/a4ther', 27, '2023-07-04 04:38', 'https://www.reddit.com/r/Bitcoin/comments/14pwgot/how_much_bitcoin_do_you_need_to_be_in_the_1_of/jql46wz/', '210,000 will put you in the 1% for sure', '14pwgot'], ['u/yubacore', 11, '2023-07-04 08:09', 'https://www.reddit.com/r/Bitcoin/comments/14pwgot/how_much_bitcoin_do_you_need_to_be_in_the_1_of/jqlorv4/', 'So … about three fiddy?', '14pwgot']]], ['u/ReallyBoredMan', 'Just passed 1 Million Net Worth!', 110, '2023-07-04 00:34', 'https://www.reddit.com/r/Fire/comments/14px5oy/just_passed_1_million_net_worth/', "There have been a lot of these lately. I guess that happens with the recent upturn in the market. We hit this milestone the last week of June.\n\nIt's been a journey getting to this point as last year we stayed basically the same, and there have been a lot of fluctuations this year. Both my wife and I both started around 40K per year, and now we both make about 120K+ after accounting for bonuses (total income is right around 250K). We have been working for about 10 years each. I have been with the same employer, and my wife has been with 4 different employers.\r \n\r \nOur FIRE number is $100K at 3% SWR= 3,333,333. Our FIRE assets are 739,500, so we are 22.19% way there. Every year we will be adding at least (22,500 \\[401(k)\\] + 6,000 \\[Roth IRA\\]) x 2 because we are both working + 42,000 \\[brokerage\\] + 8,300 \\[HSA\\] doing family HSA next year = 107,300. So, over the 12 years we are looking to FIRE, we are contributing an additional 1,287,600 to the principal. With growth from the current principle and future contributions, we should be able to our FIRE number by our estimated date in about 12-13 years.\n\nBelow is my breakdown of assets, budget, and history of how we go there (I don't have all my wife's work history)\n\n \n\\-----------------------------------------------------------------------------------------------------------------------------------------------------\n\n\r \nBreakdown of assets:\r \n\r \nLiquid Assets (32K) \\[2% of assets\\]:\r \nChecking: 18.5K\r \nSavings: 8K\r \nOnline savings account (used as a personal escrow account for Home + Auto insurance and Property Taxes) 8K (less 2.5K for taxes due this month = 5.5K)\r \n\r \nNon-Retirement Assets (penalty-free investments) (221.5K) \\[19.76% of assets\\]:\r \nCompany Stock 32K - still at a good valuation and does pay a good dividend. We will continue to hold, but I will likely look to divest closer to our FIRE date\r \nBrokerage: 169K\r \nIndividual stocks: 9.5K - I no longer invest in single stocks. I am just holding\r \nCrypto: 1K - Only have 1K in Bitcoin in it just to follow what is going on, I bought in 1K at 33K.\r \n\r \nRetirement Assets (518K) \\[46.23% of assets\\]:\r \nMy 401(k): 220K\r \nWife 401(k): 186K\r \nMy Roth IRA: 64K\r \nWife Roth IRA: 46K\r \nHSA: 2K - This is the 1st year we are doing it. Currently just in my name, testing out.\r \n\r \nLong-Term Future Expenses \\[1.43% of assets\\]:\r \n529 for Child’s College (child is 2 years old): 16K\r \n\r \nFixed Assets (333K) \\[29.71% of assets\\]:\r \nHouse: 292K - bought for 162K in 2015\r \nWife’s car: 27K (only 20K miles on 2018 SUV)\r \nMy Car: 14K (75K miles on 2016 sedan)\r \n\r \nTotal Assets: 1,120,500\r \n\r \nBreakdown of Liabilities \r \n\r \nCurrent Liabilities\r \nTotal of credit cards: 3.5K - Paid off monthly\r \nLong-Term Liabilities:\r \nMortgage 106K - 1.999% interest rate on a 15-year mortgage (12 years remaining)\r \n\r \nTotal Liabilities: 109.5K\r \n\r \n\r \nNet worth: 1,011,000\r \n\r\n\n\\-----------------------------------------------------------------------------------------------------------------------------------------------------\n\n\r \nBelow is a breakdown of my budget. This is done post-deductions (does not include 401K or HSA), also, we do lump sum investing for IRA at the beginning of the year with year end-bonus.\r \n\r \nBreakdown of monthly Budget:\r \n\r \nIncome:\r \nBoth jobs combined salary only: 10,076\r \n\r \nBudgeted Expenses (9,904)\r \n\r \nInvesting After-Tax (Total 4,000):\r \nBrokerage investing: 3,500\r \n529 Investing: 500\r \nFixed Expenses (Total 2,514):\r \nDaycare 1,409\r \nMortgage: 805\r \nPhone: 126 - Includes a Financed phone\r \nInternet 73\r \nYoutube TV 73\r \nNetflix + HBO: 28\r \nPlanned short-term expenses (Total 440):\r \nHome + Auto Insurance + Home Taxes: 440\r \nVariable Expenses (planned) (Total 2,200):\r \nRestaurants: 1,000 (Spent 947 last month)\r \nGroceries: 700 (Spent 619 last month)\r \nGas & Fuel: 150 (Spent 92 last month)\r \nDog food + grooming: 150 (Spent 178 last month)\r \nUtilities: Gas, Electric, Water/Sewer: 200 (Spent 179 last month)\r \nMisc (750 total)\r \nThings too small or random for budget: 750 (Spent 802 Last month, but includes Hotel for vacation (flight was previously booked))\r \n\r \nThe leftover is 172. We did have apparently a water leak. the water bill decreased from 500 to 150 (paid quarterly). Repair paid for itself on the next bill we received.\r \n\r \nMisc also includes my wife’s 2 credit cards, which are mainly Target for kid's stuff (clothes, diapers, shoes, etc), coffee, or anything else she wants like plants and soil.\r \n\r \n\\-----------------------------------------------------------------------------------------------------------------------------------------------------\n\n2014: \r \n* Q1 Started a job out of college making ~40K a year (hourly) as a mortgage underwriter. \r \nStarted contributing to 401K at 10%, and over the year, it increased to 15%\r \n\r \n2015:\r \n* Q1 Received a 5% increase, and I bought my 1st and current house when I had no debt (only credit cards that I pay off monthly). The mortgage was only in my name even though my wife (girlfriend at the time) was going to live with me 30-year mortgage, 4.25% interest rate, and 5% down. \r \n* Q4 I received a promotion to a salary of 55K a year (about a 27% increase in pay)\r \n\r \n2016: \r \n* Q2 I received a promotion to 72K a year (about a 30% increase in pay). \r \n* Q2 My car needed a new engine, therefore I had to get a new car. Got a 2016 Mazda6 for \\~25K at a 0% interest rate\r \n* Q3 Received a 4% mid-year increase due to increased responsibilities (not a promotion)\r \n* Q4 Wife paid off the last of her student loans\r \n\r \n2017: \r \n* Q1 Received a 3% increase. \r \n* Q2 Switched from a bank to a Credit Union - The credit union generates 3% interest on the checking account and still does\r \nI contributed 13.8K to 401K (did not max out, which would have been 18K)\r \nMy wife contributed 3.7K\r \n\r \n2018:\r \n* Q1 Received a 3% increase. \r \n* Q2 Got married \r \n* Q2 Wife traded in a car to a 2018 Subaru Forester on a 4-year loan at 0% interest ~30K\r \nI contributed 15.5K to 401K (did not max out, which would have been 18K)\r \nMy wife contributed $6K to 401K\r \n\r \n2019: \r \n* Q1 Received a 3% increase. \r \n* Q2 Read “The Millionaire Next Door” and got into the FIRE movement\r \n* Q3 Refinanced the mortgage into a 20-year at 3.5% (payment decreased) and removed escrow from the mortgage payment. \r \nBoth my wife and I maxed out 401Ks and IRAs (19K + 6K)x2 \r \n\r \n2020: \r \n* Q1 Received a 3% increase. \r \n* Q3 Received a 29%+ raise (not promotion) to 109K due to salary increases in the industry. \r \n* Q3 Refinanced the mortgage into a 15-year at 1.999% interest rate (payment only increased by $20 per month. \r \n* Q4 Had our 1st child. \r \nBoth my wife and I maxed out 401Ks and IRAs (19.5K + 6K)x2 \r \n\r\r\r \n2021: $475K Net Worth (before moving over Robo-Investing funds) \\~100K extra for Robo.\r \n* Q1 Received a 10% salary increase to $\u200e120K due to the company hitting company goals. \r \n* Q2 The baby started daycare starting (which costs more than the cost of our mortgage)\r \n* Q2 I paid off my Mazda6 loan in full ( I did not pay extra since it was a 0% loan)\r \nBoth my wife and I maxed out 401Ks and IRAs (19.5K + 6K)x2 \r \nCompleted an in-depth review of every dollar received and will do this every year going forward.\r \n\r\r \n2022: $706K Net Worth\r \n* Q1 Received a slight 2.2% increase. Currently making 123K. \r \nUsing Dependent Care FSA - $5,000.\r \nMaxing out 401k, and we already maxed out IRA\r \n* Q3 Wife’s Subaru Forster paid in full. Had a 4-day vacation up north, and we got COVID :( after not getting it during the peak \r \n* Q3 Received discretionary RSU grant worth ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 Wednesday morning in Asia, while the rest of the top 10 non-stablecoin cryptocurrencies were mixed. Bitcoin fell back under US$31,000, but its dominance in total crypto market cap is gaining, a sign of market recovery. Solana added to its gains this week, while Polygon’s Matic and the BNB tokens led the daily losers list. Bitcoin Cash has taken the number 12 spot in the list of top tokens by market cap after its listing on the new EDX Markets exchange.\nBitcoin fell 1.0% over the last 24 hours to US$30,801 at 07:20 a.m. in Hong Kong, shaving its weekly gain down to 0.39%, according todatafrom CoinMarketCap. On Tuesday, the price of the world’s largest cryptocurrency reached US$31,371, its highest since June 2022, on the back of optimism about spot Bitcoin exchange-traded fund applications by a raft of Wall Street heavyweights, including Blackrock.\nThe level of Bitcoin dominance sits near 50%, which is thehighest sinceApril 2021. Alex Kuptsikevich, senior market analyst at FxPro, says this price uptrend in Bitcoin is a typical market recovery pattern in which the most significant asset in the sector attracts buyers first.\n“It will probably take about a year of Bitcoin price recovery before crypto enthusiasts start looking for one with higher risk, pushing altcoins higher and leading to a new wave of capitalisation swell,” said Kuptsikevich, in an email statement. He said he doesn’t see altcoins rallying before November.\nBitcoin’s recent price recovery was sparked by Blackrock, the world’s biggest asset manager, filing anapplicationlast month to launch a Bitcoin ETF and refiling it again after the U.S. Securities and Exchange Commission (SEC) indicated it lacked details.\nSeveral other U.S.-based asset managers, such as Fidelity Investments and WisdomTree, have filed their own Bitcoin ETFs, suggesting mainstream finance recognizes the Bitcoin opportunity and wants to offer clients the access to its price movements without actually owning the token.\nEther, the second-largest cryptocurrency by market cap, looked to be on a run to break US$2,000 this week, but fell back 0.81% to US$1,941 today after a gain of 2.64% for the past seven days.\nThe other top 10 cryptocurrencies by market capitalization traded mixed to flat, with Solana leading gainers with a 2.0% rise to US$19.45. The token has surged 15.35% in the past week.\nPolygon’s Matic and Binance’s BNB token were amongst the losers — Matic lost 1.99% to US$0.6981, though it’s still up 4.29% for the week. BNB lost 1.68% to US$242.83, cutting its\xa0weekly gain to 1.81%.\nAltcoins have suffered from the SEC’s crackdown on tokens that they deem financial securities. Solana, Cardano, Polygon and BNB were among those that the regulator named as unregistered securities in its lawsuits filed against the Coinbase and Binance.US exchanges in early June.\nWhile these altcoins have partially recovered after an initial plunge following the SEC suits, several trading platforms including California-based Robinhood Markets Inc., Israel-based eToro and UK’s Revolut ceased support or limited access to some of these tokens for their U.S.-based customers.\nBitcoin Cashclimbed to become the twelfth largest non-stablecoin cryptocurrency by market capitalization on CoinMarketCap at US$53.8 billion. The Bitcoin spin-off is one of the four cryptocurrencies listed onEDX Markets, the Wall Street-backed, compliance-focused crypto exchange that launched on June 20 in the U.S.\nBitcoin Cash had a market capitalization of US$20.6 billion and was valued at US$106.34 on June 19. It has since surged 160% to US$276.87. It dipped 1.70% in the last 24 hours.\nThe total cryptocurrency market cap fell 0.80% to US$1.21 trillion in the last 24 hours, while crypto trading volume fell 22.22% to US$31.14 billion, according to CoinMarketCap data.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nThe Forkast 500 NFT index rose 1.28% in the 24 hours to 07:45 a.m. in Hong Kong to 2,783.58, but logged a loss of 3.17% for the week. The two Forkast indexes measuring the performance of Ethereum and Polygon NFT markets rose.\nHowever, despite moderate gains in the indexes on Wednesday morning, the NFT market overall remains in a downtrend, said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News.\n“The Forkast 500 NFT Index reflects declining sales prices across collections on all chains, but it’s Ethereum that’s really dragging the market down with it,” said Petscher, pointing to the recent problems with the Azuki NFT collection.\n“Azuki’s struggles exasperated the already struggling market … Azuki’s new Elementals mint was supposed to be a boom for NFTs and instead was a bust, becoming a catalyst that drove NFT collections down to all-time lows.”\nAzuki NFT creator Chiru Labs debuted its latest Elementals collection last Tuesday, to much negative response from the community, who deemed it almost identical to the original Azuki collection.\nWhile the team behind Azuki posted an publicapologyto buyers on Twitter, dissatisfied Azuki holders formed the Azuki DAO last week and passed a vote on Monday to launch a lawsuit against Chiru Labs, claiming the 20,000 ETH (US$39 million) the company holds should be returned to the DAO.\nLegalDAO, the decentralized autonomous organization formed in 2020 by a group of legal professionals,saidTuesday that it will help Azuki DAO in the effort to claim the 20,000 ETH.\nBy NFT collections, Bored Ape Yacht Club topped the trading volume rankings on Cryptoslam with US$3 million, but the volume was down 18.97% on the day. Mutant Ape Yacht Club, another Yuga Labs’ Ethereum-based collection, saw its volume grow 11.94% to US$2.39 million to place second in the rankings.\nTotal NFT trading volume dropped 9.24% to US$31.5 million. Volume on Ethereum fell 9.17% to US$22.7 million according to Cryptoslamdata. Volume on the Bitcoin network gained 3.73% to US$3.19 million, while volumes on Polygon, Solana and BNB all plunged.\nU.S. stock futures dipped as of 10:45 a.m. in Hong Kong ahead of the restart of trading in the U.S. following the July 4 public holiday.\nFutures on all three indexes – Dow Jones Industrial Average, S&P 500 futures and Nasdaq –declinedbut by less than 1%.\nAsian equities opened lower Wednesday morning. The Shanghai Composite fell 0.5%, Hong Kong’s Hang Seng dipped 1.3%, Japan’s Nikkei 225 index edged down 0.3%. South Korea’s Kospi also lost 0.08%.\nThe Caixin China General Composite purchasing managers’ index (PMI) — a measure of the performance of both the manufacturing and services sectors in China —droppedto 52.5 in June from 55.6 the previous month. This marks the sixth consecutive month of expansion for China’s private sector. However, the growth rate was the slowest since January.\nEmployment in China also returned to growth, as the service sector created more jobs following a drop in manufacturing payrolls, according toTrading Economics.\nIn the U.S., New York Federal Reserve President John Williams’ speaks on Wednesday and may provide an update on the Fed’s view of inflation. The Fed will also release its June meeting minutes on Wednesday, where it decided to leave interest rates unchanged between 5% and 5.25%.\nThe Federal Reserve’s next meeting on rates is July 26. The CME FedWatch Tool predicts a 87.4% chance for a 25-basis-point rate increase, down from 89.9% on Tuesday. The likelihood the Fed won’t increase is now at just 12.6%.\n(Updates to add equities section)', 'Bitcoin and Ether traded little changed on Wednesday morning in Asia, while the rest of the top 10 non-stablecoin cryptocurrencies were mixed. Bitcoin fell back under US$31,000, but its dominance in total crypto market cap is gaining, a sign of market recovery. Solana added to its gains this week, while Polygon’s Matic and the BNB tokens led the daily losers list. Bitcoin Cash has taken the number 12 spot in the list of top tokens by market cap after its listing on the new EDX Markets exchange.\nBitcoin fell 1.0% over the last 24 hours to US$30,801 at 07:20 a.m. in Hong Kong, shaving its weekly gain down to 0.39%, according todatafrom CoinMarketCap. On Tuesday, the price of the world’s largest cryptocurrency reached US$31,371, its highest since June 2022, on the back of optimism about spot Bitcoin exchange-traded fund applications by a raft of Wall Street heavyweights, including Blackrock.\nThe level of Bitcoin dominance sits near 50%, which is thehighest sinceApril 2021. Alex Kuptsikevich, senior market analyst at FxPro, says this price uptrend in Bitcoin is a typical market recovery pattern in which the most significant asset in the sector attracts buyers first.\n“It will probably take about a year of Bitcoin price recovery before crypto enthusiasts start looking for one with higher risk, pushing altcoins higher and leading to a new wave of capitalisation swell,” said Kuptsikevich, in an email statement. He said he doesn’t see altcoins rallying before November.\nBitcoin’s recent price recovery was sparked by Blackrock, the world’s biggest asset manager, filing anapplicationlast month to launch a Bitcoin ETF and refiling it again after the U.S. Securities and Exchange Commission (SEC) indicated it lacked details.\nSeveral other U.S.-based asset managers, such as Fidelity Investments and WisdomTree, have filed their own Bitcoin ETFs, suggesting mainstream finance recognizes the Bitcoin opportunity and wants to offer clients the access to its price movements without actually owning the token.\nEther, the second-largest cryptocurrency by market cap, looked to be on a run to break US$2,000 this week, but fell back 0.81% to US$1,941 today after a gain of 2.64% for the past seven days.\nThe other top 10 cryptocurrencies by market capitalization traded mixed to flat, with Solana leading gainers w Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-05 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $599,462,347,750 - Hash Rate: 390233669.4978951 - Transaction Count: 493478.0 - Unique Addresses: 716586.0 Social & AI Sentiment: - Fear & Greed Index: 0.61 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: By Huw Jones LONDON (Reuters) -Bitcoin, ether and other cryptocurrencies should be regulated as gambling given the significant risks they pose to consumers, a panel of UK lawmakers said in a report on Wednesday. Britain, which wants to become a global hub for crypto and its underlying blockchain technology, is planning its first rules for cryptoassets, which currently only comply with anti-money laundering safeguards. Bitcoin and ether account for two-thirds of all cryptoassets and are not backed by any currency or asset, leading to volatility in prices and the potential for all money invested in them to be wiped out, the report from parliament's treasury committee said. Regulating retail trading and investment in unbacked cryptocurrencies could create a 'halo' effect that leads consumers to think the activity is safer than it is, or protected when it is not, it said. "We therefore strongly recommend that the Government regulates retail trading and investment activity in unbacked cryptoassets as gambling rather than as a financial service, consistent with its stated principle of ‘same risk, same regulatory outcome’," the report said. Industry body CryptoUK said it strongly disagreed with equating the crypto sector with gambling. "We are both concerned and disappointed by these claims which are unhelpful, false, fundamentally flawed and unsubstantiated. The statement fails to reflect the true nature, purpose and potential of the crypto industry," CryptoUK said in a statement. The Financial Conduct Authority has repeatedly warned consumers they could lose all of their money invested in cryptocurrencies. Cryptoassets globally have a total market capitalisation of about $1.2 trillion, a tiny part of the financial system, but the collapse of crypto firm FTX exchange last year introduced greater urgency into regulating the sector. "The events of 2022 have highlighted the risks posed to consumers by the cryptoasset industry, large parts of which remain a wild west," said Harriett Baldwin, chair of the treasury committee. Story continues Around 10% of UK adults hold or have held cryptoassets, according to official figures. The European Union approved the world's first set of comprehensive rules for crypto markets on Tuesday. International regulators are due to propose global norms shortly. The underlying technology used by cryptoassets has the potential to improve efficiency in payments, the report said. (Reporting by Huw JonesEditing by Christina Fincher)... - Reddit Posts (Sample): [['u/anonourmouse', 'Queer Kpop Fans Survey 2023 – the results are in!', 158, '2023-07-05 02:07', 'https://www.reddit.com/r/kpopthoughts/comments/14qv3b6/queer_kpop_fans_survey_2023_the_results_are_in/', 'Hello everyone! About a month ago I posted the second annual survey for LGBTQ+ Kpop fans, and I’m now here to share this year\'s results! Before we get to the results, I have a few notes and disclaimers, so please read them!\n\n1. The survey was posted on [r/kpopthoughts](https://www.reddit.com/r/kpopthoughts/), [r/kpophelp](https://www.reddit.com/r/kpophelp/), and [r/kpoppers](https://www.reddit.com/r/kpoppers/) and was open from June 1-June 7. It received 1,057 responses, over 300 more than last year!\n2. In this post, I am only listing the top 3 results for genders, sexual orientations, and romantic orientations that at least 20 respondents identified as (except for the overall demographic results). I did this solely in the interest of keeping this post as short as possible and showing results with even the tiniest bit of statistical significance, and not at all with the intention of excluding anyone – even 20 respondents is honestly pushing it, considering it’s less than 2% of the sample! That being said, I will link the full results at the end of this post.\n3. Following that, one thing I did a bit differently this year is include "N/A" as a entry – i.e., if someone did not answer for whatever reason. This was an especially common answer to the "queerest songs" question.\n4. 353 respondents identified as 2 sexualities and 299 identified as 2 romantic orientations. If someone put more than one identity (ex. "Bisexual, Demisexual"), their answers were counted once under each of the listed identities, which means some of the math won\'t add up perfectly. Four respondents identified as cisgender, heterosexual, and heteroromantic; their responses were erased from the dataset. All respondents who identified as LGBTQ+ in some way, even if they were straight/cis in another way, were included.\n5. If someone wrote more than 3 groups, soloists, ults, and/or songs, I only included the first 3 they listed in the results.\n6. I fully expect Koreaboo to steal and post this information and give me absolutely none of whatever profits they make off of it like they did last year, so let me just preemptively say: FUCK KOREABOO :)\n7. NO BIGOTRY/EXCLUSION OF ANY KIND IN THE COMMENTS PLEASE.\n\n# Demographics\n\n# of respondents by gender\n\n* Women: 661 (653 cis, 8 trans)\n* Men: 158 (113 cis, 45 trans)\n* Genderqueer/Non-binary: 92\n* Unsure/questioning: 49\n* Trans: 53\n* Agender: 35\n* Genderfluid/Multigender/Polygender: 22\n* Demigender: 26 (5 boys, 21 girls)\n* Write-ins: Girl/Woman (5), Unlabeled (2), 2 Spirit (1), Bigender (1), FairyWolf Hybrid (1), Feminine-presenting (1), Girlflux (1), Xenogender (1)\n\n# of respondents by sexual orientation\n\n* Bisexual: 433\n* Asexual/graysexual: 238\n* Lesbian/homosexual: 181\n* Queer: 181\n* Gay/homosexual: 111\n* Pansexual: 104\n* Unsure/questioning: 72\n* Demisexual: 56\n* Write-ins: Omnisexual (2), Aegosexual (1), FaeWolfSexual (1), Unlabeled (1), Polysexual (1), Sexual (1)\n\n# of respondents by romantic orientation\n\n* Biromantic: 378\n* Lesbian/homoromantic: 213\n* Queer: 196\n* Aromantic/grayromantic: 121\n* Panromantic: 120\n* Gay/homoromantic: 116\n* Unsure/questioning: 86\n* Demiromantic: 63\n* Write-ins: Unlabeled (3), ? (1), Polyamorous (1), Polyromantic (1), Romantic (1), Wolfmantic (1)\n\n# Overall Results\n\nGroup Preferences: 37.7% prefer girl groups, 34.3% prefer boy groups, 27.7% have no preference, 0.3% prefer coed groups\n\nSoloist Preferences: 46.1% prefer female soloists, 40.2% have no preference, 13.8% prefer male soloists\n\n\|Top Groups\|Top Soloists\|Top Ult Biases\|Queerest Songs\|\n\|:-\|:-\|:-\|:-\|\n\|1. Stray Kids (226)\|1. Taemin (205)\|1. Suga (BTS) (78)\|1. (G)I-dle - Oh my god (366)\|\n\|2. BTS (197)\|2. Sunmi (180)\|2. \\[TIE\\] Lee Know (SKZ) (56)\|2. Moonbyul ft. Seori - Shutdown (227)\|\n\|3. Seventeen (186)\|3. IU (178)\|2. \\[TIE\\] Taemin (SHINee) (56)\|3. Chuu (ex-Loona) - Heart Attack (177)\|\n\|4. Twice (177)\|4. Taeyeon (176)\|4. Bang Chan (SKZ) (55)\|4. OnlyOneOf - libidO (136)\|\n\|5. Red Velvet (147)\|5. Chungha (172)\|5. Moonbyul (MMM) (49)\|5. N/A (76)\|\n\|6. TXT (137)\|6. Agust D (149)\|6. Seulgi (RV) (46)\|6. Irene&Seulgi (RV) - Monster (65)\|\n\|7. SHINee (124)\|7. Bibi (123)\|7. \\[TIE\\] Felix (SKZ) (41)\|7. Taemin - Move (54)\|\n\|8. \\[TIE\\] (G)I-dle (117)\|8. \\[TIE\\] Baekhyun (78)\|7. \\[TIE\\] Han (SKZ) (41)\|8. V (BTS) - Stigma (39)\|\n\|8. \\[TIE\\] Dreamcatcher (117)\|8. \\[TIE\\] Key (78)\|9. RM (BTS) (40)\|9. \\[TIE\\] K.Will - Please Don\'t... (35)\|\n\|10. Ateez (116)\|10. Woodz (73)\|10. Yunjin (LSFM) (38)\|9. \\[TIE\\] Yoojung (OOO) - begin (35)\|\n\nLike last year, I\'ve made playlists of the queerest songs according to the survey! To keep it from being too long, I only put songs that at least 2 people replied, but you can see all of the songs in the full results, linked at the end of this post. Enjoy!\n\n[gaypop 2023 Spotify playlist](https://open.spotify.com/playlist/6syVVrCeyc6C1S4WwPIKM1?si=0BTcZGTSTcqaqOTGhotTMQ)\n\n[gaypop 2023 YouTube playlist](https://youtube.com/playlist?list=PLSW2w6Xza72apViQWUvyUBOuShFNm6Gde)\n\nI don’t have Apple Music, but if someone here does and wants to make a playlist there let me know!\n\n# Results by Gender\n\nNote: Unlike last year, I did not calculate results for cis women or cis men.\n\nGenderqueer/Nonbinary\n\nGroup Preferences: 46.7% prefer boy groups, 27.2% have no preference, 26.1% prefer girl groups\n\nSoloist Preferences: 41.3% have no preference, 38.0% prefer female soloists, 20.7% prefer male soloists\n\n\|Top Groups\|Top Soloists\|Top Ult Biases\|Queerest Songs\|\n\|:-\|:-\|:-\|:-\|\n\|1. Stray Kids (26)\|1. Sunmi (20)\|1. \\[TIE\\] Bang Chan (SKZ) (7)\|1. (G)I-dle - Oh my god (24)\|\n\|2. Seventeen (18)\|2. Taeyeon (17)\|1. \\[TIE\\] Han (SKZ) (7)\|2. OnlyOneOf - libidO (17)\|\n\|3. \\[TIE\\] BTS (16)\|3. Taemin (15)\|1. \\[TIE\\] Suga (BTS) (7)\|3. Chuu (ex-Loona) - Heart Attack (15)\|\n\|3. \\[TIE\\] Twice (16\|\|\|\|\n\nUnsure/Questioning\n\nGroup Preferences: 36.7% prefer boy groups, 34.7% have no preference, 28.6% prefer girl groups\n\nSoloist Preferences: 53.1% have no preference, 40.8% prefer female soloists, 6.1% prefer male soloists\n\n\|Top Groups\|Top Soloists\|Top Ult Biases\|Queerest Songs\|\n\|:-\|:-\|:-\|:-\|\n\|1. \\[TIE\\] BTS (11)\|1. IU (13)\|1. \\[TIE\\] Key (SHINee) (4)\|1. (G)I-dle - Oh my god (23)\|\n\|1. \\[TIE\\] Stray Kids (11)\|2. Taemin (12)\|1. \\[TIE\\] Suga (BTS) (4)\|2. \\[TIE\\] Chuu (ex-Loona) - Heart Attack (9)\|\n\|3. \\[TIE\\] Seventeen (9)\|3. Agust D (8)\|1. \\[TIE\\] Taemin (SHINee) (4)\|2. \\[TIE\\] Moonbyul ft. Seori - Shutdown (9)\|\n\|3. \\[TIE\\] SHINee (9)\|\|\|\|\n\nTrans Men\n\nGroup Preferences: 54.3% prefer boy groups, 26.1% prefer girl groups, 19.6% have no preference\n\nSoloist Preferences: 50.0% have no preference, 28.3%% prefer female soloists, 21.7% prefer male soloists\n\n\|Top Groups\|Top Soloists\|Top Ult Biases\|Queerest Songs\|\n\|:-\|:-\|:-\|:-\|\n\|1. Stray Kids (12)\|1. Taemin (10)\|1. Han (SKZ) (4)\|1. (G)I-dle - Oh my god (13)\|\n\|2. \\[TIE\\] Seventeen (9)\|2. Sunmi (9)\|2. \\[TIE\\] DK (SVT), Felix (SKZ), Jennie (BP), Jonghyun (SHINee) (3)\|2. Chuu (ex-Loona) - Heart Attack (9)\|\n\|2. \\[TIE\\] SHINee (9)\|3. Agust D (7)\|2. \\[TIE\\] Key (SHINee), Momo (Twice), Suga (BTS), Wonho (3)\|3. OnlyOneOf - libidO (6)\|\n\nAgender\n\nGroup Preferences: 40.0% prefer girl groups, 31.4% have no preference, 28.6% prefer boy groups\n\nSoloist Preferences: 57.1% have no preference, 42.9% prefer female soloists\n\n\|Top Groups\|Top Soloists\|Top Ult Biases\|Queerest Songs\|\n\|:-\|:-\|:-\|:-\|\n\|1. Dreamcatcher (8)\|1. Chungha (6)\|1. \\[TIE\\] Han (SKZ) (4)\|1. (G)I-dle - Oh my god (15)\|\n\|2. Ateez (7)\|2. \\[TIE\\] Agust D (5)\|1. \\[TIE\\] Lee Know (SKZ) (4)\|2. Moonbyul ft. Seori - Shutdown (8)\|\n\|3. Seventeen (6)\|2. \\[TIE\\] Bibi (5)\|3. (17 idols got 2)\|3. \\[TIE\\] Chuu (ex-Loona) - Heart Attack (5)\|\n\|\|2. \\[TIE\\] Sunmi (5)\|\|3. \\[TIE\\] OnlyOneOf - libidO (5)\|\n\nGenderfluid/Multigender/Polygender\n\nGroup Preferences: 54.5% prefer boy groups, 18.2% prefer girl groups, 27.3% have no preference\n\nSoloist Preferences: 45.5% have no preference, 27.3% prefer female soloists, 27.3% prefer male soloists\n\n\|Top Groups\|Top Soloists\|Top Ult Biases\|Queerest Songs\|\n\|:-\|:-\|:-\|:-\|\n\|1. Ateez (7)\|1. Taemin (12)\|1. \\[TIE\\] Hongjoong (Ateez) (3)\|1. (G)I-dle - Oh my god (8)\|\n\|2. \\[TIE\\] BTS (5)\|2. Agust D (7)\|1. \\[TIE\\] Ten (NCT) (3)\|2. V (BTS) - Stigma (4)\|\n\|2. \\[TIE\\] Seventeen (5)\|3. \\[TIE\\] IU (5)\|3. \\[TIE\\] Dino (SVT), Kai (EXO), RM (BTS) (2)\|3. (6 songs got 2)\|\n\|2. \\[TIE\\] TXT (5)\|3. \\[TIE\\] Woodz (5)\|3. \\[TIE\\] San (Ateez), Woodz, Yeonjun (TXT) (2)\|\|\n\nDemigirl\n\nGroup Preferences: 42.9% prefer boy groups, 28.6% have no preference, 28.6% prefer girl groups\n\nSoloist Preferences: 42.9% prefer female soloists, 42.9% have no preference, 14.3% prefer male soloists\n\n\|Top Groups\|Top Soloists\|Top Ult Biases\|Queerest Songs\|\n\|:-\|:-\|:-\|:-\|\n\|1. Stray Kids (8)\|1. Bibi (6)\|1. \\[TIE\\] Bang Chan (SKZ) (3)\|1. (G)I-dle - Oh my god (6)\|\n\|2. BTS (7)\|2. Hwasa (4)\|1. \\[TIE\\] Felix (SKZ) (3)\|2. Moonbyul ft. Seori - Shutdown (5)\|\n\|3. Twice (6)\|3. \\[TIE\\] Baekhyun (3)\|1. \\[TIE\\] J-hope (BTS) (3)\|3. OnlyOneOf - libidO (3)\|\n\|\|3. \\[TIE\\] IU (3)\|1. \\[TIE\\] Moonbyul (MMM) (3)\|\|\n\|\|3. \\[TIE\\] Sunmi (3)\|1. \\[TIE\\] Yunjin (LSFM) (3)\|\|\n\n# Results by Sexual Orientation\n\nBisexual\n\nGroup Preferences: 34.9% prefer boy groups, 33.9% prefer girl groups, 30.7% have no preference, 0.5% prefer coed groups\n\nSoloist Preferences: 45.5% have no preference, 42.0% prefer female soloists, 12.5% prefer male soloists\n\n\|Top Groups\|Top Soloists\|Top Ult Biases\|Queerest Songs\|\n\|:-\|:-\|:-\|:-\|\n\|1. Stray Kids (99)\|1. Taemin (97)\|1. Suga (BTS) (39)\|1. (G)I-dle - Oh my go... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Good morning. Here’s what’s happening:\nPrices:Bitcoin was holding steady about about $30.5K – unmoved by upbeat crypto comments by BlackRock CEO Larry Fink\'s\nInsights:Pita Limjaroenrat, a candidate to become Thailand\'s next prime minister, owns crypto. What does his disclosure say about politicians and crypto?\nCoinDesk Market Index (CMI)\n1,247\n−14.9▼1.2%\nBitcoin (BTC)\n$30,463\n−360.5▼1.2%\nEthereum (ETH)\n$1,910\n−29.9▼1.5%\nS&P 500\n4,446.82\n−8.8▼0.2%\nGold\n$1,924\n+1.8▲0.1%\nNikkei 225\n33,338.70\n−83.8▼0.3%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,247", "\\u221214.9\\u25bc1.2%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$30,463", "\\u2212360.5\\u25bc1.2%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,910", "\\u221229.9\\u25bc1.5%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,446.82", "\\u22128.8\\u25bc0.2%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,924", "+1.8\\u25b20.1%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["33,338.70", "\\u221283.8\\u25bc0.3%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nBitcoin Holds Steady Through Good and Bad\nThe end of a long, U.S. holiday weekend, the release of June Federal Reserve minutes offering some detail on the central bank\'s current thinking about monetary policy and crypto-favorable comments by BlackRock CEO Larry Fink left bitcoin largely unstirred from its current resting place well above $30,000.\nThe largest cryptocurrency by market capitalization was recently trading at about $30,465, down slightly more than a percentage point over the past 24 hours. After surging above $31,000 in mid-June following multiple spot bitcoin ETF filings, BTC has remained mostly impervious to potential price catalysts, even as investor sentiment has brightened.\nIn an email to CoinDesk, Tim Frost, the CEO of digital wealth platform Yield App, wrote that the crypto market was likely transitioning from the 18-month bear market to more promising times. Frost noted parallels in the crypto 2019 crypto market when bitcoin stalled after emerging from a crypto winter before spiking again the following year.\n"We could be looking at that same period of stability around about now. Indeed, bitcoin has remained relatively stable over the past three months ranging between $28,000 and its current level of just below $31,000," Frost wrote. "If we were to see a few more months of this, this would set the stage for a much more optimistic period in terms of price."\nFrost added that macroeconomic signals and crypto industry trends were pointing positively, including recent declines in inflation, the unveiling of a quantitative easing program in China, increased regulatory clarity in Singapore, Korea and Thailand to prevent the type of asset co-mingling that led to the implosion of disgraced exchange giant FTX and subsequent contagion. He also noted that the SEC was allowing bankrupt crypto lending platform Celsius to sell altcoins for bitcoin and ether that it can then distribute to creditors and other clients.\nRead More:Bankrupt Celsius Can Convert Altcoins to BTC, ETH Starting July 1 Following SEC Talks\n"We really are seeing a clearing of the decks in cryptocurrency," Frost wrote, "and regulation is creating a landscape that will make it easier for everybody to operate. This, combined with some more stable and promising price signals, means that now may be a very good time to think long term.”\nEther was recently changing hands at $1,910, off 1.5% from Tuesday, same time. Other major cryptos spent much of the day in the red with ADA, the token of smart contracts platform Cardano, declining 3%. Litecoin, and popular meme coins DOGE and SHIB all recently dropped more than 2%. STORJ, the native crypto of the Storj cloud storage platform, rose more than 40% earlier in the day, but relinquished its gains to trade down 20% from a day ago.\nTheCoinDesk Market Index, a measure of crypto markets\' overall performance, was recently down 1.3%.\nU.S. stocks edged down with the tech-heavy Nasdaq Composite and S&P 500 falling 0.3% and 0.2%, despite Fed minutes showing some officials favoring a June rate hike. Central bankers have been wrestling with how to continue addressing annual inflation, which remains more than double their 2% goal without casting the U.S. economy into recession. The bank seemed to forge a compromise at its last meetingby haltingits year-long diet of rate hikes while indicating in subsequent comments that it would pass two more rate hikes in 2023. The U.S. Labor Department will announce its nextConsumer Price index on July 12, giving economic observers their next key read on price trends.\nIn recent months, equity and crypto prices have increasingly decoupled,a trend underscoredby recent data from derivatives analytics firm Block Scholes.\nLate Wednesday, BlackRock CEO Larry Fink seemed to buoy crypto markets\' prospects, telling Fox Business in an interview that crypto "could revolutionize finance." Last month, BlackRock, the world\'s largest asset manager, applied for a spot bitcoin ETF, spurring a mini-run of filings and re-filings with the Securities and Exchange Commission (SEC) by other prominent, financial services firms. The SEC has yet to approve a spot BTC ETF.\nRead More:BlackRock CEO Larry Fink Says Bitcoin Could ‘Revolutionize Finance’\n“We believe that if we can create more tokenization of assets and securities – that’s what bitcoin is – it could revolutionize finance,” he said, adding: “Instead of investing in gold as a hedge against inflation, a hedge against the onerous problems of any one country, or the devaluation of your currency whatever country you’re in – let’s be clear, bitcoin is an international asset, it’s not based on any one currency and so it can represent an asset that people can play as an alternative.”\nBitcoin traded sideways in the subsequent hours.\n[{"Asset": "Solana", "Ticker": "SOL", "Returns": "+0.3%", "DACS Sector": "Smart Contract Platform"}]\n[{"Asset": "Terra", "Ticker": "LUNA", "Returns": "\\u22125.9%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Polygon", "Ticker": "MATIC", "Returns": "\\u22124.3%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Gala", "Ticker": "GALA", "Returns": "\\u22124.1%", "DACS Sector": "Entertainment"}]\nThai PM Hopeful Owns Cryptocurrency. Why Does It Matter?\nPita Limjaroenrat, the leader of Thailand’s Move Forward Party, and contender for Prime Minister, holds crypto,according to disclosures filed.\nNow to be sure, he doesn’t own a ton of crypto and has way more traditional finance assets.\nThe cumulative thousands of dollars worth of crypto, split between bitcoin (BTC), ether (ETH), BNB, and Cardano (ADA) is only a fraction of his total net worth of 64,283,544 THB ($1.84 million), and heowns significantly more land and equities.\nAll this is interesting because now Pita joins the ranks of politicians holding crypto. In the United States,a total of eightmembers of Congress hold crypto, or shares in Grayscale’s Bitcoin Trust, according toBitcoinpoliticians.org, which tracks holdings based on financial disclosures. In Korea, one elected representative was referred to theirparliamentary ethics committeeafter he disclosed that he owns a “significant amount of coins”, with a large holding consisting of GameFi platformWeMIX tokens.\nTo put into perspective how mainstream crypto is in Thailand, the Move Forward Party wasn’t “the” crypto party in the country’s recent elections. That honor goes to the Pheu Thai party, one of the other parties to form a governing coalition. The Pheu Thai partypromised an airdropof 10,000 THB (around $300) to every Thai citizen, although the Move Forward Party did make promises about integrating blockchain into government affairs to increase transparency.\nPita isn’t Prime Minister quite yet. Thai political procedure requires the House of Representatives and Senateto vote on who will be prime minister, and that could be an uphill battle.\nBut there is a chance that an elected leader of a major country in Asia will also be a bitcoin hodler. Isn’t that a sign of the times?\n8:15 p.m. HKT/SGT(12:15 p.m. UTC):ADP Employment Change Report (June)\n8:30 p.m. HKT/SGT(12:30 p.m. UTC):U.S. Continuing Jobless Claims (June 23)\n10 p.m. HKT/SGT(2 p.m. UTC):JOLTS Jobs Openings (May)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nBlackRock Bitcoin ETF Application Refiled; Michael Moro Takes Helm of New Crypto Derivatives Exchange\nThe Nasdaq exchange has refiled its application to list BlackRock\'s proposed bitcoin exchange-traded fund. Matrixport head of research and strategy Markus Thielen shared his crypto markets analysis. Michael Moro, the former CEO of Genesis Trading, joined "First Mover" to discuss taking the helm of a new cryptocurrency derivatives exchange called Ankex. DCG owns Genesis and CoinDesk. And, TRM Labs head of legal and government affairs Ari Redbord weighed in on the state of the elicit crypto ecosystem.\nBitcoin Remains Range-Bound, Despite Bullish Sentiment:Bitcoin prices have paused with support at $30,000\nNFT Creator Royalty Payments Hit Two-Year Low: Nansen:The rise of royalty-optional platforms like Blur and OpenSea have contributed to declining royalty payments for artists across the space.\nHollywood Legend Steve McQueen Honored as \'King of Cool\' in New NFT Collection:The racing-themed collection with 1,000 NFTs will give holders access to token-gated content, events and games celebrating the actor\'s love of motorcycle racing.\nCrypto Storage Token Storj Rallies 43% Overnight as Trading Volume Surges:The decentralized cloud storage protocol has seen its market value double this week.\nBitcoin Prices Are Hot, but Here’s What Could Crush the Rally:BTC has proved incredibly resilient to the perils of the past year, including FTX’s demise. But there are some macroeconomic surp Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-06 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $588,769,214,438 - Hash Rate: 349951484.25940275 - Transaction Count: 392688.0 - Unique Addresses: 709055.0 Social & AI Sentiment: - Fear & Greed Index: 0.56 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Digital asset investment products witnessed the largest single weekly inflows in a year - mostly dominated by bitcoin-related products - after nine consecutive weeks of outflows, according to a report from European digital asset manager CoinShares. Bitcoin-related products were the primary asset for inflows, seeing $188 million in total, representing 94% of the total flows. Short-bitcoin products saw total outflow of $4.9 million, for the ninth consecutive week, according to the report. This comes after a number of high profile institutions filed for exchange traded funds (ETF) last week and bitcoin (BTC) price hit one-year high . Asset management giant BlackRock filed an application to roll out a spot bitcoin ETF on June 15. There were also re-filings for similar products by well-known TradFi firms such as Invesco and WisdomTree. We believe this renewed positive sentiment is due to recent announcements from high profile ETP issuers that have filed for physically backed ETFs with the U.S. Securities & Exchange Commission, the report said. Read more: A Straightforward Explanation for Why Financial Giants Want to Issue a Spot Bitcoin ETF The inflows totalled $199 million, which reversed almost half of the prior nine consecutive weeks of outflows. The report noted that Exchange Traded Product (ETP) trading volumes totalled $2.5 billion for the week. Meanwhile, Ethereum saw inflows of $7.8 million, representing only 0.1% of assets under management (AUM), relative to bitcoin's inflows of 0.7%, demonstrating less of an appetite for ethereum than bitcoin at present. However, the positive sentiment didnt flow through into altcoin investments, according to the report. This turn in sentiment didnt trickle down to altcoins with only very minor inflows into XRP and Solana totalling $0.24m and $0.17m respectively. But the improved sentiment did encourage some investors to buy multi-asset investment ETPs, with $8m inflows last week, the CoinShares report added.... - Reddit Posts (Sample): [['u/Fabs_-', 'Anybody else pretty fed-up with the post on here ?!', 51, '2023-07-06 00:20', 'https://www.reddit.com/r/Bitcoin/comments/14rpcg3/anybody_else_pretty_fedup_with_the_post_on_here/', "It feels like the only things getting asked are ; Should I buy all at once ? DCA ? What hardware wallet is best ? Have you heard about insert freshest news ?! Guys, I lost x amount ! Help ? Guys, I hate myself for not buying back then ! Yada yada...\n\nHow is it possible that with 5M+ members, there are close-to-none technical, or even technically related posts about Bitcoin ? It's a freaking Bitcoin sub !\n\nI felt like that before, but damn, since I've been trying to get a better technical understanding about the moving parts of Bitcoin, and started posting some questions about it, there have been less-and-less comments on them- if any.\n\nPretty weak for a Sub this big.", 'https://www.reddit.com/r/Bitcoin/comments/14rpcg3/anybody_else_pretty_fedup_with_the_post_on_here/', '14rpcg3', [['u/Good_Extension_9642', 85, '2023-07-06 00:40', 'https://www.reddit.com/r/Bitcoin/comments/14rpcg3/anybody_else_pretty_fedup_with_the_post_on_here/jqtfuqh/', 'Hey OP I have a question: should I DCA or purchase with a lump sum?', '14rpcg3'], ['u/satoshisfeverdream', 24, '2023-07-06 01:41', 'https://www.reddit.com/r/Bitcoin/comments/14rpcg3/anybody_else_pretty_fedup_with_the_post_on_here/jqto36o/', 'Hey what happens to the Bitcoin network if we have a full moon, solar flare and an eclipse in the same month?', '14rpcg3'], ['u/tarkovLoadedwCheatrs', 24, '2023-07-06 01:57', 'https://www.reddit.com/r/Bitcoin/comments/14rpcg3/anybody_else_pretty_fedup_with_the_post_on_here/jqtqalk/', "It's Reddit bro. \n\nAll subs are circle jerk, bias reaffirming, echo chambers.\n\nWTF you expect?\n\n😆", '14rpcg3'], ['u/Nathan-McAlpin', 13, '2023-07-06 02:03', 'https://www.reddit.com/r/Bitcoin/comments/14rpcg3/anybody_else_pretty_fedup_with_the_post_on_here/jqtr2ob/', 'Lump it baby! To the MOON!!!', '14rpcg3'], ['u/itfwg', 12, '2023-07-06 02:06', 'https://www.reddit.com/r/Bitcoin/comments/14rpcg3/anybody_else_pretty_fedup_with_the_post_on_here/jqtrgjj/', 'Many of us have been here for a long time and got technical questions answered previously from many sources. Sometimes we will help, but we may be distracted with different topics at this time. We continue to be early adopters. A lot of my time has been spent researching super yachts, and fresh water boathouses with access to ocean based in favorable geopolitical locations. It comes with its own technical challenges.', '14rpcg3'], ['u/captain-garfio', 63, '2023-07-06 02:15', 'https://www.reddit.com/r/Bitcoin/comments/14rpcg3/anybody_else_pretty_fedup_with_the_post_on_here/jqtsm5e/', 'I was getting fed up but luckily your high quality post restored my faith in this sub.', '14rpcg3'], ['u/BashCo', 40, '2023-07-06 05:17', 'https://www.reddit.com/r/Bitcoin/comments/14rpcg3/anybody_else_pretty_fedup_with_the_post_on_here/jqueyqm/', "After reviewing OP's submission history (3 posts ever, all in the past day), I'm strongly encouraging OP to log off for a few days to recalibrate, then come back and post some of the extremely high quality content that he wishes to see here.\n\nBe the change you want to see, and all that.", '14rpcg3']]], ['u/samgf', 'Please rate my brother in laws investment strategy', 18, '2023-07-06 01:17', 'https://www.reddit.com/r/CryptoCurrency/comments/14rqtts/please_rate_my_brother_in_laws_investment_strategy/', 'So for context, I’m somewhat financially savvy but certainly could know more.\n\nI have invested a little into bitcoin but that’s it.\n\nWhat I’m really interested to hear is what you think of my brother in laws investment strategy.\n\nBut of context: he’s 26 and lives in the UK, he cleans windows for a living but is capable of much more and capable of learning something more career based. He’s extremely ambitious and wants to make a lot of money, however he’s clearly not trying to do this through his work…\n\nSo, he invests in crypto, and feels that he’s going to be a multi millionaire in a couple of years.\n\nI asked him about his strategy and he said that when he gets paid, he invests everything he possibly can into the coins that have dropped the most from their all time high. For example, a few days ago when he got paid, he bought occam.fi. He has all of his money spread out across these multiple coins that are worth basically nothing compared to their all time high and he’s fully convinced that they will 100x over the next couple of years when there is ‘the bull run’. He says that everyone who buys a house ‘has taken a massive L’ and is a slave to the system. He doesn’t have any hobbies other than the gym, and my biggest worry is the impact he’s having on his gf (my sister in law). He would never buy bitcoin because he thinks it can never get him the returns he’s looking for ‘doubling my money just isn’t what I’m looking for’.\n\nSo, fellow crypto enthusiasts, what do you think of this strategy? Is there any chance of this paying off? Or is he destined for windows the the rest of his life?', 'https://www.reddit.com/r/CryptoCurrency/comments/14rqtts/please_rate_my_brother_in_laws_investment_strategy/', '14rqtts', [['u/99999999999999999989', 14, '2023-07-06 01:22', 'https://www.reddit.com/r/CryptoCurrency/comments/14rqtts/please_rate_my_brother_in_laws_investment_strategy/jqtlj7r/', 'Dude is completely fucked.\n \nEDIT: So is he buying Shiba? Wrapped Luna perhaps?', '14rqtts'], ['u/zoomercoomer9000', 18, '2023-07-06 01:23', 'https://www.reddit.com/r/CryptoCurrency/comments/14rqtts/please_rate_my_brother_in_laws_investment_strategy/jqtlpcj/', "Occam fi? What's tha-\n\n\nToken \| ATH \| Price today \| Change\n:--\|:--\|:--\|:--\nOCC \| $16.76 \| $0.14 \| -99.16%\n\nOh boy. Well, at least we know your decision to stick with BTC is a more sound investment strategy than your brother's.", '14rqtts'], ['u/deathbyfish13', 10, '2023-07-06 01:45', 'https://www.reddit.com/r/CryptoCurrency/comments/14rqtts/please_rate_my_brother_in_laws_investment_strategy/jqtoncg/', 'Nah according to this guy anyone who has brought a house, you know the one investment that has historically always gone up, is a loser... Dude has lost his damn mind', '14rqtts'], ['u/marsangelo', 23, '2023-07-06 01:47', 'https://www.reddit.com/r/CryptoCurrency/comments/14rqtts/please_rate_my_brother_in_laws_investment_strategy/jqtoyrv/', '“Please brother in law what are you doing”', '14rqtts'], ['u/Sir_McFuckington', 15, '2023-07-06 02:33', 'https://www.reddit.com/r/CryptoCurrency/comments/14rqtts/please_rate_my_brother_in_laws_investment_strategy/jqtusja/', "I don't want to say he's an idiot. But he's an idiot.\n\nI said it...I just didn't want to.", '14rqtts']]], ['u/Crangrapejoose', 'Everything has been a setup for the financial takeover of the world since 2008. A cashless society is looming in which control of everything we do will be tracked.', 61, '2023-07-06 02:23', 'https://www.reddit.com/r/conspiracy/comments/14rscgq/everything_has_been_a_setup_for_the_financial/', 'It started with the crash - then the study of bitcoin over the years. \n\n2012 the financial oversight committee was start which Gary G was the head. \n\n2012 Obama turned on the printing machine full blast\n\nRosie Rios was told in 2012 to reduce coin and cash usage\n\nMassive shift happening in that period. \n\nEnter Jay Clayton with the XRP cripe - now sits on FDIC and so does Rosie Rios\n\n2020 we had the plandemic and we all know how that went financially \n\n2022 the FED openly talks about the digital currency and asks YOUR opinion on the site at that time\n\nBRICS nations declared and their agreement on dropping the US dollar in favor of their own currency\n\nAlong with this you have China that already had a digital Yuan being tested with their social credit score system.\n\nBitcoin was created to study and that is all. \n\nI obviously shortened this a LOT but it truly has been a long con to get us to where we are to replace all cash usage in the world slowly but surely. \n\nI know comments will point out some things I missed so I will update the post in case it gains traction.', 'https://www.reddit.com/r/conspiracy/comments/14rscgq/everything_has_been_a_setup_for_the_financial/', '14rscgq', [['u/Penny1974', 17, '2023-07-06 02:34', 'https://www.reddit.com/r/conspiracy/comments/14rscgq/everything_has_been_a_setup_for_the_financial/jqtuz26/', 'I have a theory on how they get the majority of US citizens to willingly sign up and link their accounts to the CBDC - this be the will end of cash society as we know it and establish a US social credit system. \n\nThere will be another "something", i.e. pandemic, etc. and the government will give out large stimulus checks, but this time you can get your stimulus in a very short period of time (1-2 days) if you sign up and link all of your life to the Fed CBDC site if you don\'t you will receive a paper check in 6-9 months. If this was proposed and the amount was large enough and people were financially hurting the majority of America would willingly sign up.', '14rscgq']]], ['u/Shiratori-3', "BlackRock CEO Larry Fink sees bitcoin as 'digitizing gold'", 16, '2023-07-06 02:31', 'https://www.reddit.com/r/CryptoCurrency/comments/14rsjdm/blackrock_ceo_larry_fink_sees_bitcoin_as/', 'Turntables!', 'https://www.theblock.co/post/237978/blackrock-ceo-larry-fink-sees-bitcoin-as-digitizing-gold', '14rsjdm', [['u/Probably_notabot', 11, '2023-07-06 02:34', 'https://www.reddit.com/r/CryptoCurrency/comments/14rsjdm/blackrock_ceo_larry_fink_sees_bitcoin_as/jqtuy9p/', 'He’ll say anything to get his ETF approved. Institutional FOMO achieved.', '14rsjdm']]], ['u/dibcompany', 'Best idea ever for Pulsechain marketing!!!', 12, '2023-07-06 04:52', 'https://www.reddit.com/r/Pulsechain/comments/14rvqet/best_idea_ever_for_pulsechain_marketing/', "TLTR: Make WBTC price on pulsechain go skyrocket. Like more than the actual BTC price.\n\nCu... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 below the US$30,000 support line in Friday morning trading in Asia as traders took profits amid worries about interest rate hikes in U.S. markets that drove investors into so-called risk-off mode, which pulled equities lower. Ether fell along with most other top 10 non-stablecoin tokens. Solana dodged the bearish sentiment to jump more than 6%. Despite the declines, the cryptocurrency Fear & Greed Index stands in the Greed territory at 56, as institutional interest in Bitcoin looks solid. Losing ground Bitcoin fell 1.88% over the last 24 hours to US$29,919 at 07:20 a.m. in Hong Kong to post a loss of 1.68% for the past seven days, according to data from CoinMarketCap. The world\x92s leading cryptocurrency reached US$31,399 on Thursday night, the highest in 13 months. \x93With strong economic data in the US, good earning expectations and employment data in the private sector, investors are seeing increasing chances of further rate hikes; bond yields rose while equity indexes fell sharply,\x94 said Justin d\x92Anethan, head of APAC business development at Belgium-based crypto market-maker Keyrock . \x93The broad sell-off in risk assets undoubtedly affected crypto traders\x92 sentiment and new highs were seen as a profit-taking opportunity, rather than a chance to go long and hope for even higher prices,\x94 d\x92Anethan said. Large financial institutions show increasing interest in Bitcoin, according to the Bitcoin Monthly June 2023 Report by asset manager Ark Invest on Thursday, which highlighted the balance of Bitcoin held on over-the-counter (OTC) desks, a proxy for institutional activity, hitting a one-year high in late June. \x93By the end of the quarter, the OTC Bitcoin balance had increased by 60% sequentially,\x94 Ark Invest wrote in the report, which suggests \x93institutions and other large capital allocators are focused increasingly on Bitcoin.\x94 Ether fell 3.13% to US$1,851, leaving it flat for the week. The token reached a high of US$1,956 on Thursday evening, but soon lost ground as investors took profits. Story continues Most other top 10 non-stablecoin cryptocurrencies also logged losses in the past 24 hours, with the exception of Solana\x92s SOL and Tron\x92s TRX. Solana jumped 6.48% to US$20.12, moving up 12.52% for the week. The token breached the US$20 resistance level on Thursday evening for the first time since June 7 as sentiment received a boost from a partnership between Coca-Cola Serbia and Solana\x92s non-fungible token (NFT) platform SolSea. The two will launch Coca-Cola brand NFTs at the Exit Festival in Serbia from July 6 to 9. The total cryptocurrency market cap fell 1.45% to US$1.17 trillion in the last 24 hours, while crypto trading volume rose 37.62% to US$43.26 billion, according to CoinMarketCap data. Forkast 500 NFT index dips The indexes are proxy measures of the performance of the global NFT market. They are managed by CryptoSlam , a sister company of Forkast.News under the Forkast.Labs umbrella. The main Forkast 500 NFT index dipped 0.38% in the 24 hours to 11:15 a.m. in Hong Kong to 2,774.37, down 2.73% for the week. The two Forkast indexes measuring the performance of Solana and Cardano NFT markets logged increases. Bored Ape Yacht Club (BAYC) led collections by trading volumes, which rose 19.85% to US$3.49 million. Mutant Ape Yach Club (MAYC) and Azuki ranked second and third. \x93The big NFT collections who saw large decreases in their floor prices have regained some footing, and now are bouncing up or down around 5% instead of the massive double-digit swings they were seeing earlier this week and last week,\x94 said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News. The floor price of BAYC edged up 0.6% in the past 24 hours to 30.95 ETH (US$57,477), according to data from CoinGecko, while MAYC and Azuki dipped 1.5% and 3.2% over the same period. However, the three tokens are still holding two-digit losses for the past seven days. Despite the low price opportunities, a lack of liquidity is keeping investors away from the market, according to Petscher, who said \x93traders are openly discussing having no liquidity and no plans to take advantage of historically low prices across blockchains.\x94 Blur, the leading NFT marketplace, launched its version 2 trading platform on Thursday, which introduced a 50% cut in gas fees and a new \x93trait bidding\x94 feature, which allows traders to bid on specific NFT traits rather than collections and receive Blur reward points. However, the update doesn\x92t appear to be attracting traders. According to data from blockchain aggregator DefiLlama , the total value locked on Blur was US$134.96 million on Friday, down from 155.68 million on Wednesday. \x93There\x92s also talk of ETH being withdrawn from Blur\x92s ETH pool as some of the biggest points farmers are upset with the ongoing Season 2 of farming,\x94 said Petscher. Blur announced its Season 2 of farming in February and said it would distribute over 300 million Blur tokens as rewards for bidding, listing, lending and other activities in the marketplaces. Good news is bad news (again) for U.S. equities Image: Getty Images U.S. stock futures traded lower as of 14:00 p.m. in Hong Kong, according to data from CNN . The three major U.S. indexes also fell in the regular Thursday session. Most main Stock indexes across Asia also tumbled on Friday, with Hong Kong\x92s Hang Seng , South Korea\x92s Kospi and Japan\x92s Nikkei all sliding. China\x92s Shanghai Composite Index edged up. Economic indicators out in the U.S. overnight showed increases in private sector jobs and pay, according to the ADP National Employment Report published . The payroll increase is more than double the analysts\x92 expectation of 228,000, Reuters reported on Thursday, despite the Federal Reserve\x92s monetary tightening campaign. The U.S. services\xa0 purchasing managers\x92 index (PMI) rose to 53.9 in June, according to the Institute for Supply Management on Thursday, which beats Reuters\x92 projection of 51. A reading above 50 indicates expansion, below 50 a contraction. The data added to concerns that the Federal Reserve will continue its campaign of raising rates and holding them higher for longer periods to tackle inflation. The Fed meets on July 26 to make its next decision on interest rates, after leaving them unchanged in June at between 5% and 5.25%. The CME FedWatch Tool predicts a 92.4% chance for a 25-basis-point rate increase, up from 88.7% on Thursday. The likelihood the Fed won\x92t increase is now at just 7.6%. Investors are now waiting for the U.S. government\x92s employment report on Friday, with economists polled by the Wall Street Journal projecting the U.S. economy added 240,000 jobs in June, down from 339,000 in May. (Updates with NFT and equity sections.)', 'Bitcoin fell below the US$30,000 support line in Friday morning trading in Asia as traders took profits amid worries about interest rate hikes in U.S. markets that drove investors into so-called risk-off mode, which pulled equities lower. Ether fell along with most other top 10 non-stablecoin tokens. Solana dodged the bearish sentiment to jump more than 6%. Despite the declines, the cryptocurrency Fear & Greed Index stands in the Greed territory at 56, as institutional interest in Bitcoin looks solid.\nBitcoin fell 1.88% over the last 24 hours to US$29,919 at 07:20 a.m. in Hong Kong to post a loss of 1.68% for the past seven days, according todatafrom CoinMarketCap. The world’s leading cryptocurrency reached US$31,399 on Thursday night, the highest in 13 months.\n“With strong economic data in the US, good earning expectations and employment data in the private sector, investors are seeing increasing chances of further rate hikes; bond yields rose while equity indexes fell sharply,” said Justin d’Anethan, head of APAC business development at Belgium-based crypto market-makerKeyrock.\n“The broad sell-off in risk assets undoubtedly affected crypto traders’ sentiment and new highs were seen as a profit-taking opportunity, rather than a chance to go long and hope for even higher prices,” d’Anethan said.\nLarge financial institutions show increasing interest in Bitcoin, according to theBitcoin Monthly June 2023 Reportby asset manager Ark Invest on Thursday, which highlighted the balance of Bitcoin held on over-the-counter (OTC) desks, a proxy for institutional activity, hitting a one-year high in late June.\n“By the end of the quarter, the OTC Bitcoin balance had increased by 60% sequentially,” Ark Invest wrote in the report, which suggests “institutions and other large capital allocators are focused increasingly on Bitcoin.”\nEther fell 3.13% to US$1,851, leaving it flat for the week. The token reached a high of US$1,956 on Thursday evening, but soon lost ground as investors took profits.\nMost other top 10 non-stablecoin cryptocurrencies also logged losses in the past 24 hours, with the exception of Solana’s SOL and Tron’s TRX.\nSolana jumped 6.48% to US$20.12, moving up 12.52% for the week. The token breached the US$20 resistance level on Thursday evening for the first time since June 7 as sentiment received a boost from apartnershipbetween Coca-Cola Serbia and Solana’s non-fungible token (NFT) platform SolSea. The two will launch Coca-Cola brand NFTs at theExit Festivalin Serbia from July 6 to 9.\nThe total cryptocurrency market cap fell 1.45% to US$1.17 trillion in the last 24 hours, while crypto trading volume rose 37.62% to US$43.26 billion, according to CoinMarketCap data.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nThe mainForkast 500 NFT indexdipped 0.38% in the 24 hours to 11:15 a.m. in Hong Kong to 2,774.37, down 2.73% for the week. The two Forkast indexes measuring the performance of Solana and Cardano NFT markets logged increases.\nBored Ape Yach Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-07 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $587,238,531,625 - Hash Rate: 440586401.04601073 - Transaction Count: 556014.0 - Unique Addresses: 773326.0 Social & AI Sentiment: - Fear & Greed Index: 0.55 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin rose to trade above US$26,000, recovering some of the ground it lost in the week since the U.S. Securities and Exchange Commission (SEC) filed lawsuits against two of the worlds largest crypto exchanges. The U.S. regulator accuses Binance .US and Coinbase of breaking securities rules. All other top 10 non-stablecoin cryptocurrencies also gained, with Binances native token BNB leading the gains. See related article: Crypto industry reacts to SECs lawsuit against Binance Cryptos rise Bitcoin gained 1.00% to US$26,074 in the 24 hours to 4 p.m. in Hong Kong. The worlds largest cryptocurrency by market capitalization is up 1.32% on the week, according to CoinMarketCap data. Ether, the worlds second biggest cryptocurrency after Bitcoin, rose 0.64% to US$1,748 in the past 24 hours. However, it is down 3.60% over the last seven days. BNB, the native token of the worlds biggest cryptocurrency exchange Binance, climbed 5.10% to US$235, although it posted 15.11% weekly losses. The gains come after U.S. Republican Congressman Warren Davidson tweeted on Monday that he had filed a bill to restructure the SEC and remove its current chairman Gary Gensler. U.S. capital markets must be protected from a tyrannical Chairman, including the current one. Thats why I am introducing legislation to fix the ongoing abuse of power and ensure protection that is in the best interest of the market for years to come, Davidson said. SEC chairman Gary Gensler reemphasized the agencys determination to strictly regulate the crypto sector in a tweeted repost of his statement made last week. There's nothing about the crypto securities markets that suggests that investors & issuers are less deserving of the protections of our securities laws. Congress could have said in the 1930s that the securities laws applied only to stocks & bonds. For more, read my remarks: Gary Gensler (@GaryGensler) June 12, 2023 Solana, Polygon and Cardano three of the crypto tokens named by the SEC as securities all gained on Tuesday afternoon. However, all three have recorded losses of over 20% in the week since the SEC clampdown started. Story continues Solana gained 2.14% to US$15.42 in 24 hours, while Cardano rose 0.28% to US$0.2795. Polygon climbed 2.39% to US$0.6459. The recent lawsuits filed by the SEC against Binance and Coinbase indicate a significant shift in regulatory approach towards the digital asset industry, Mahin Gupta, founder of Liminal, a wallet infrastructure and custody solutions platform, said in an emailed statement. While these measures may ultimately contribute to legitimizing the Web3 industry in the long run, it is important to acknowledge that such strong actions could potentially stifle innovation, Gupta added. The increasing regulatory clampdown on cryptocurrency exchanges in the U.S. is creating opportunities in the field of digital finance in Asia. In the same week that the U.S. SEC announced it would sue Coinbase and Binance .US, stablecoin operator Circle announced that it had received a Major Payment Institution license from the Monetary Authority of Singapore (MAS), the city states central bank. Similarly, digital assets bank Sygnum said Tuesday that MAS had granted it an in-principle approval for its Major Payment Institution Licence. The bank now plans to expand its regulated operations in Singapore, including its crypto brokerage service. In the last 24 hours, the global crypto market capitalization rose 1.17% to US$1.06 trillion, and total market volume strengthened 5.57% to US$28.83 billion. Ethereum NFTs dip The indexes are proxy measures of the performance of the global NFT market. They are managed by CryptoSlam , a sister company of Forkast.News under the Forkast.Labs umbrella. In the non-fungible token (NFT) market, the Forkast 500 NFT index dropped 1.54% to 2,964.53 in the 24 hours to 5 p.m. in Hong Kong. The index recorded losses of 9.78% over the past seven days. The Forkast ETH NFT Composite dropped 0.99% to 1,049.57 in 24 hours, while dropping 5.42% for the week. Total NFT sales volume on the Ethereum blockchain dropped 18.19% to US$11.86 million over the past 24 hours, according to CryptoSlam data . Bored Ape Yacht Club, the largest Ethereum-based NFT collection by sales volume, dropped 6.03% to US$1.38 million in 24 hours. The market is struggling due to low ETH volume, lowering prices, etc. The SEC filings are really beginning to impact the market, said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News. Despite the negative outlook elsewhere, NFT sales volume on the Bitcoin network gained 82.66% to US$3.9 million. Sales of uncategorized Ordinals Bitcoin NFTs that are not part of an established collection climbed 1.15% to US$1.65 million. Asian, European equities rise; U.S. futures gain Stock market display board. Image: Envato Elements Asian equity markets gained on Tuesday after Chinas central bank cut its seven-day reverse repurchase rate by 10 basis points to 1.9% from 2%. The move comes as the worlds second biggest economy struggles to recover from three years of pandemic-induced disruptions. U.S. markets also showed gains amid hopes that the U.S. Federal Reserve will leave interest rates unchanged this week. The Shanghai Composite gained 0.15% and the Shenzhen Component Index rose 0.76%. Hong Kongs Hang Seng Index climbed 0.60% and Japans Nikkei 225 strengthened 1.80%. Global stock markets are likely to experience a wide boost this week not just the mega cap tech stocks as the U.S. Federal Reserve is expected to pause interest rate hikes, said Nigel Green, founder and chief executive of financial management firm deVere, in an emailed statement. The U.S. central bank is expected to keep interest rates unchanged at its meeting on June 13 and 14. Current interest rates in the U.S. are between 5% and 5.25%, the highest level since 2006, after 10 consecutive raises starting in March last year. The U.S. is also scheduled to release its latest consumer price index data later on Tuesday. Inflation in the worlds biggest economy likely slowed to 4.1% in May, from 4.9% in April and 5% in March, according to Trading Economics . U.S. stock futures mostly rose as of 7 p.m. in Hong Kong. The Dow Jones Industrial Average futures dropped 0.02% while S&P 500 futures rose 0.13%. Nasdaq 100 Futures also gained 0.30%. European bourses traded flat on Tuesday, as investors await policy decisions from both the European Central Bank (ECB) and the U.S. Fed. The ECB is scheduled to meet on Thursday and implement another 25 basis point interest rate hike to 3.5% in an attempt to curb inflationary pressures. The benchmark STOXX 600 rose 0.03% and Germanys DAX 40 gained 0.09% during afternoon trading hours in Europe. The eurozone reportedly slipped into recession in the first three months of 2023. High inflation, rising interest rates and treacherous periods of volatility have defined much of the past 12 months all of which have made for extremely difficult trading conditions, Daniela Hathorn, Senior Market Analyst at trading platform Capital.com, said in an emailed statement. The challenging market is hitting everyone at present, but one way to try and slow the tide is by diversifying your investments. Its better to spread the risk across different asset classes, companies and investments than to pursue profits from one single area that could quickly go south, Hathorn added.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["US Federal Reserve Chair Jerome Powell attends a press conference in Washington, DC, on March 22, 2023. Liu Jie/Xinhua via Getty Images US stocks fell in volatile trade on a cooler-than-expected jobs report from the Labor Department. But wage growth was hotter than predicted, at a 4.4% jump on an annual basis. This reignited concerns over the Federal Reserve's next steps, which might mean tighter policy. US stocks finished lower on Friday amid volatile trade and capped weekly losses as Wall Street digested the latest jobs report. The Labor Department reported 209,000 new jobs were created, below expectations, after ADP's payroll report Thursday showed blowout gains. However, the government's report Friday also found that wage growth saw a 4.4% jump on an annual basis, which could prompt the central bank to continue lifting interest rates to rein in inflation. Stocks seesawed between losses and gains over the course of the day before closing lower. For the week, the S&P 500 lost 1.16%, the Nasdaq declined 0.92%, and the Dow sank 1.96%. Here's where US indexes stood at the 4:00 closing bell on Friday: S&P 500 : 4,398.95, down 0.29% Dow Jones Industrial Average : 33,734.88, down 0.55% (187.38 points) Nasdaq Composite : 13,660.72, down 0.13% Here's what else is going on: The Russian ruble has nowhere to go as it continues to be brought down by capital flight and declining tax revenue, economist Konstantin Sonin said. Bank of America broke down three things that are about to go wrong in markets and the economy. Some cities can expect their commercial property values crater by up to 40% by 2025 , Capital Economics wrote. Rivian shares extended their rally as Wedbush's Dan Ives sees a turnaround in the company's EV production . In commodities, bonds, and crypto: Oil gained on Friday. West Texas Intermediate climbed 2.9% to $72.10 a barrel. Brent crude , the international benchmark, rose by 2.6% to $78.39 a barrel. Gold edged up 0.19% to $1,925.31 per ounce. The 10-year yield moved up 1.9 basis points to 4.06%. Bitcoin fell 0.15% to $30,206. Read the original article on Business Insider", "• US stocks fell in volatile trade on a cooler-than-expected jobs report from the Labor Department.\n• But wage growth was hotter than predicted, at a 4.4% jump on an annual basis.\n• This reignited concerns over the Federal Reserve's next steps, which might mean tighter policy.\nUS stocks finished lower on Friday amid volatile trade and capped weekly losses as Wall Street digested the latest jobs report.\nThe Labor Department reported 209,000 new jobs were created, below expectations, after ADP's payroll report Thursday showed blowout gains.\nHowever, the government's report Friday also found that wage growth saw a 4.4% jump on an annual basis, which could prompt the central bank to continue lifting interest rates to rein in inflation.\nStocks seesawed between losses and gains over the course of the day before closing lower. For the week, the S&P 500 lost 1.16%, the Nasdaq declined 0.92%, and the Dow sank 1.96%.\nHere's where US indexes stood at the 4:00 closing bell on Friday:\n• S&P 500: 4,398.95, down 0.29%\n• Dow Jones Industrial Average: 33,734.88, down 0.55% (187.38 points)\n• Nasdaq Composite: 13,660.72, down 0.13%\nHere's what else is going on:\n• The Russian ruble has nowhere to goas it continues to be brought down by capital flight and declining tax revenue, economist Konstantin Sonin said.\n• Bank of America broke downthree things that are about to go wrongin markets and the economy.\n• Some cities can expect theircommercial property values crater by up to 40% by 2025, Capital Economics wrote.\n• Rivian shares extended their rally asWedbush's Dan Ives sees a turnaround in the company's EV production.\nIn commodities, bonds, and crypto:\n• Oil gained on Friday.West Texas Intermediateclimbed 2.9% to $72.10 a barrel.Brent crude, the international benchmark, rose by 2.6% to $78.39 a barrel.\n• Goldedged up 0.19% to $1,925.31 per ounce.\n• The10-year yieldmoved up 1.9 basis points to 4.06%.\n• Bitcoinfell 0.15% to $30,206.\nRead the original article onBusiness Insider", "(Bloomberg) -- A Chinese industry body of automakers retracted a two-day-old pledge not to resort to “abnormal pricing practices,” earlier seen as an effort to end a bruising price war in the country’s electric-vehicle market.\nMost Read from Bloomberg\n• How Much Income You Need to Crack America's Richest 1%\n• Ex-Celsius CEO Alex Mashinsky Charged With Crypto Fraud\n• DeSantis Says No Thanks to $377 Million in US Energy Funds\n• Fund Titans Are Betting on Everything Gaining Against the Dollar\n• Epstein-Staley Emails Reveal Friendship Forged at JPMorgan\nThe China Association of Automobile Manufacturers is deleting one of the four commitments signed on Thursday by 16 companies at an event it organized, which promised to refrain from practices that disrupt fair market competition, it said in a statement posted on its website on Saturday.\nThe reference to “pricing” in the pledge was inappropriate and in breach of a principle enshrined in the nation’s anti-trust law, the association said. The retraction came after the clause drew “widespread attention,” according to the statement.\nThe association urged the 16 companies and other members to strictly follow the anti-trust law and other rules that encourage independent pricing and fair competition.\nRead more: Tesla and Chinese Rivals Signal Truce in Brutal EV Price War\nTesla Inc. was the only foreign brand among the automakers that took part in the signing ceremony in Shanghai, committing to a four-point pledge. The companies also included BYD Co., Nio Inc., Xpeng Inc., Geely and Chery Automobile Co.,.\nAustin, Texas-based Tesla started cutting prices in China late last year, prompting other major brands to join in with steep discounts in the earlier part of 2023 as sales slowed.\nThe lagged impact of Covid restrictions and expectations of further price cuts weakened car demand in the world’s second-largest economy. The government has started a campaign to promote EV adoption in rural areas, among other measures to lift the auto industry and wider consumption.\nRead more: Tesla Offers More Incentives for Model 3 and Y Buyers in China\n--With assistance from Chunying Zhang and Bei Hu.\nMost Read from Bloomberg Businessweek\n• South Korea’s Archaic Rental System Is Costing People Their Life Savings\n• A Japanese Company Bans Late-Night Work. A Baby Boom Soon Follows\n• New Bitcoin ETFs Now? Amid the Crypto Crackdown?\n• Americans Prepare for Tighter Budgets as Student Loan Payments Resume\n• iQuit: My Hellish Attempt to Leave Apple’s Walled Garden\n©2023 Bloomberg L.P.", "(Bloomberg) -- A Chinese industry body of automakers retracted a two-day-old pledge not to resort to \x93abnormal pricing practices,\x94 earlier seen as an effort to end a bruising price war in the country\x92s electric-vehicle market. Most Read from Bloomberg How Much Income You Need to Crack America's Richest 1% Ex-Celsius CEO Alex Mashinsky Charged With Crypto Fraud DeSantis Says No Thanks to $377 Million in US Energy Funds Fund Titans Are Betting on Everything Gaining Against the Dollar Epstein-Staley Emails Reveal Friendship Forged at JPMorgan The China Association of Automobile Manufacturers is deleting one of the four commitments signed on Thursday by 16 companies at an event it organized, which promised to refrain from practices that disrupt fair market competition, it said in a statement posted on its website on Saturday. The reference to \x93pricing\x94 in the pledge was inappropriate and in breach of a principle enshrined in the nation\x92s anti-trust law, the association said. The retraction came after the clause drew \x93widespread attention,\x94 according to the statement. The association urged the 16 companies and other members to strictly follow the anti-trust law and other rules that encourage independent pricing and fair competition. Read more: Tesla and Chinese Rivals Signal Truce in Brutal EV Price War Tesla Inc. was the only foreign brand among the automakers that took part in the signing ceremony in Shanghai, committing to a four-point pledge. The companies also included BYD Co., Nio Inc., Xpeng Inc., Geely and Chery Automobile Co.,. Austin, Texas-based Tesla started cutting prices in China late last year, prompting other major brands to join in with steep discounts in the earlier part of 2023 as sales slowed. The lagged impact of Covid restrictions and expectations of further price cuts weakened car demand in the world\x92s second-largest economy. The government has started a campaign to promote EV adoption in rural areas, among other measures to lift the auto industry and wider consumption. Story continues Read more: Tesla Offers More Incentives for Model 3 and Y Buyers in China --With assistance from Chunying Zhang and Bei Hu. Most Read from Bloomberg Businessweek South Korea\x92s Archaic Rental System Is Costing People Their Life Savings A Japanese Company Bans Late-Night Work. A Baby Boom Soon Follows New Bitcoin ETFs Now? Amid the Crypto Crackdown? Americans Prepare for Tighter Budgets as Student Loan Payments Resume iQuit: My Hellish Attempt to Leave Apple\x92s Walled Garden ©2023 Bloomberg L.P.", 'Welcome to This Week in the Metaverse, where Fortune rounds up the most interesting news in the world of NFTs, culture, and the metaverse. Email [email protected] with tips. When people think NFTs, they often think of Bored Ape Yacht Club. Since it launched in 2021, the profile picture project\'s fate has been inextricably linked with non-fungible tokens and vice versa—for better or worse. And with the NFT market spiraling, the Bored Ape Yacht Club has been dragged into a whirlpool. Although still leading all collections in trading volume, in June, BAYC\'s price floor hit its lowest point in 20 months, according to a report by DappRadar . The lowest purchase price for one of the unamused simian cartoo Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-08 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $588,757,364,550 - Hash Rate: 448139310.7782279 - Transaction Count: 573697.0 - Unique Addresses: 695972.0 Social & AI Sentiment: - Fear & Greed Index: 0.58 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: A joint hearing on Capitol Hill sought to measure the regulatory gaps in crypto on Wednesday. The criteria for determining whether a token should be considered a security or a commodity highlighted how wide those gaps have been. The topic has been a sticking point for years, and a puzzle piece for determining to what degree the Commodity Futures Trading Commission (CFTC) or the Securities and Exchange Commission (SEC) have authority over the digital assets industry. During the hearing, Republican and Democratic lawmakers disagreed about whether new regulation was needed to address the classification of digital assets. Rep. Dusty Johnson (R-SD) said a lack of clarity within the existing law has been holding back innovation in the marketplace for too long. “I know this town loves kicking the can down the path,” he said. “But there are times where it's just clear, even to Congress, that action is appropriate and needed.” Johnson honed in specifically on the Howey Test, the SEC’s four-pronged assessment for determining whether an asset, such as a cryptocurrency, should be considered a security. A core element of the Howey Test looks for a reasonable expectation that profits are derived from the efforts of others—that a group of individuals, such as a token’s developers, has a sizable impact on an asset's overall price. Johnson claimed that Congress could help regulators by clearing up how decentralization plays a role, providing the CFTC and SEC with “particular triggers” that delineate when an asset can shift from being a security to a commodity, something the SEC’s former Director of Corporate Finance William Hinman hassaid is possible. During the hearing, Matthew Kulkin, a partner at the law firm WilmerHale, said that it’s challenging to identify a particular inflection point for when that may happen. “It's sort of easy to draw out the two ends of the spectrum, in terms of a token being offered to raise capital versus something that's highly commoditized,” he said. But finding a dividing line between the two is challenging, Kulkin added. For Ethereum—crypto’s second-largest token by market capitalization—leaders of the SEC and CFTC have expresseddueling opinionsabout whether the token should be considered a commodity or security. While SEC Chair Gary Gensler hasn’t directly labeled Ethereum a security—herefusedto answer questions directly posed by Rep. Patrick McHenry (R-NC) last month—he said earlier this year that “everything other than Bitcoin” falls under securities laws. But the classification of tokens isn’t all that important when it comes to regulating crypto, suggested the Subcommittee on Digital Assets’ ranking member Rep. Stephen Lynch (D-MA). “I do understand jurisdictional questions have been raised at times over whether crypto tokens are securities or commodities and whether the primary regulator of those tokens could be the SEC or CFTC,” he said. “I worry we might be asking the wrong questions, however, and we risk feeding into industry-fueled narratives about a turf war between these two agencies.” Lynch argued that concerns raised by digital asset advocates about regulatory ambiguity are actually “masked non-compliance with existing laws,” adding a new regulatory structure would undermine existing regulation. “I encourage my colleagues to not get lost in a debate over whether individual tokens are securities or commodities,” Lynch said. “Instead, we should take a step back and examine the intermediaries that facilitate these tokens.”... - Reddit Posts (Sample): [['u/Yogi_DMT', 'Why is BTC on Binance US a whole 2k+ lower than coinbase/robinhood?', 15, '2023-07-08 00:33', 'https://www.reddit.com/r/CryptoMarkets/comments/14tlpd0/why_is_btc_on_binance_us_a_whole_2k_lower_than/', ' Right now BTC/USD is trading at about 27500 on Binance US whereas bitcoin on all other platforms seems to be around 30k. Why the difference? ', 'https://www.reddit.com/r/CryptoMarkets/comments/14tlpd0/why_is_btc_on_binance_us_a_whole_2k_lower_than/', '14tlpd0', [['u/Nine_9er', 12, '2023-07-08 01:54', 'https://www.reddit.com/r/CryptoMarkets/comments/14tlpd0/why_is_btc_on_binance_us_a_whole_2k_lower_than/jr3b9ol/', 'There’s no one with USD to buy the Bitcoin. They stopped all on-ramps.', '14tlpd0']]], ['u/peasantpeon', 'Reminder, again!', 39, '2023-07-08 01:53', 'https://www.reddit.com/r/Bitcoin/comments/14tnoe6/reminder_again/', 'Everybody get your BTC of exchanges, especially Binance.\n\nDon\\`t tell me I didnt warn you. ', 'https://www.reddit.com/r/Bitcoin/comments/14tnoe6/reminder_again/', '14tnoe6', [['u/ILikePracticalGifts', 34, '2023-07-08 02:29', 'https://www.reddit.com/r/Bitcoin/comments/14tnoe6/reminder_again/jr3fp81/', '> Don`t tell me I didnt warn you.\n\nDidn’t even know you existed', '14tnoe6'], ['u/Youretoo', 10, '2023-07-08 07:02', 'https://www.reddit.com/r/Bitcoin/comments/14tnoe6/reminder_again/jr4a54p/', '/r/iamthemaincharacter', '14tnoe6']]], ['u/AdDue7063', 'Scams so far in last two weeks', 34, '2023-07-08 02:34', 'https://www.reddit.com/r/sugarlifestyleforum/comments/14ton3j/scams_so_far_in_last_two_weeks/', 'So as i mentioned, my sb had to move to europe somehow and left me alone. So i had to find another one, so i jumped into the bowl head first and so far these are the scammers i ran into:\n\n(1) rinser- sent me her bank account with negative balance, wanted to meet right away.. and asked for ppm for m&g, after i refused made a large scene..\n\n(2) pig slaughtering— a russian babe keeps talking about her uncle’s investment on bitcoin- after i told her i have some deriv investment can double within a week and if she would like to invest, she disappeared.\n\n(3) blackmail— someone got my phone number and reverse engineered my linkedin page and asked for money.\n\n(4) professionals, professionals, professionals….\n\n(5) picture sellers.. and stood me up on a meet and greet.\n\nGuys.. keep sharp.. this is adult swimming only.. i thought i was pretty sharp.. (3) still got me.. impeccable bio, very relatable pictures, very good reason why she needs my real number(ok i was thinking using my other brain again). But fundamentally the rule is still.. no payment until meeting people in real life.. and no compromising material..(3) actually asked for it when volunteered some naked pictures.. thank god.. thank god.. thank god…', 'https://www.reddit.com/r/sugarlifestyleforum/comments/14ton3j/scams_so_far_in_last_two_weeks/', '14ton3j', [['u/asdfqwertys909', 10, '2023-07-08 02:42', 'https://www.reddit.com/r/sugarlifestyleforum/comments/14ton3j/scams_so_far_in_last_two_weeks/jr3hdod/', "thank goodness its not just me. I just started seriously looking a month or two ago after a 3 year SR. it seems like the SB's in my area want allowances and everything prior to meeting for a cup of coffee, etc. apparently a lot of relatives are dying and emergency errands (?) are being run lol. quite the interesting turn of events since i last tried to find a SB.", '14ton3j'], ['u/HotGenie234', 22, '2023-07-08 03:22', 'https://www.reddit.com/r/sugarlifestyleforum/comments/14ton3j/scams_so_far_in_last_two_weeks/jr3mabz/', 'Whew. I guess my newbie post attracted some vermin. I got a DM which already set off red flags. But I’m bored so I decided to play. He very quickly asked that I be his SB and he needs only emotional support not sex lmao. Then he said he was an agricultural engineer with dispensaries. \n\nCouldn’t say what city he lived in even though I asked twice. Very quickly offered me an allowance rate without prompting. When I balked and asked that we get to know each other he asked if I have an iphone. (This is obvs for reverse engineering purposes).\n\n\nUpon confirmation he asked that I email him with my iPhone. At this point I thanked him for his time, to which he responded “KYS”. To those that don’t understand this sweet acronym, it means “kll yourself”😂🥰. \nJust putting this out there for other newbies. Happy to post screenshots if that’s allowed.', '14ton3j'], ['u/Plenty_Ad_5403', 15, '2023-07-08 14:41', 'https://www.reddit.com/r/sugarlifestyleforum/comments/14ton3j/scams_so_far_in_last_two_weeks/jr5a92v/', 'Additional scam...\n(1) girl sends unsolicited nudes\n(2) then mentions she will turn 18 next month\n(3) her relative contacts SD stating to contact them for soliciting underage pics of their niece, daughter etc\n(4) if no contact they will go to the cops\n(5) "police Detective " contacts SD asking for a call back \n\nOf course all fake preying on the weak minded .... use 3rd party app for contacting to remain anonymous never use real phone numbers, email addresses etc', '14ton3j']]], ['u/Rive2099', 'Is BTC ATM the only true anonymous way to purchase BTC?', 12, '2023-07-08 03:55', 'https://www.reddit.com/r/BitcoinBeginners/comments/14tqe5d/is_btc_atm_the_only_true_anonymous_way_to/', "Explain this to me.\n\nWhat first comes to mind is this:\n\n1. I buy from an exchange.(That probably has your information.)\n2. Put BTC from exchange to hot wallet.\n3. Put BTC from hot wallet to Hard Wallet.\n4. You are now associated with your wallet.\n\nThis seems normal, but doing this there are many ways to track the purchase back to my exact wallet, and then it is compromised and no matter what someone could look at my address and find out how much BTC I have. \n\nBuying from a BTC atm makes sense:\n\n1. Buy with cash from atm.\n2. BTC directly to wallet address.\n3. Nobody knows it is your wallet, just that this address received money.\n4. You are not associated with your wallet.\n\nI've seen things about p2p websites, but this doesn't make sense either:\n\n1. Connect some form of banking/credit line to a p2p website:\n2. Money goes into p2p website and BTC is sent to your address.\n3. Nobody knows your wallet, but they do know that money from your identity was used to purchase x amount of BTC.\n\nSo does this mean the only way to really purchase BTC without anyone ever knowing you purchased BTC is by buying from an BTC ATM?\n\nSorry if this was confusing. Thanks for help in advance.", 'https://www.reddit.com/r/BitcoinBeginners/comments/14tqe5d/is_btc_atm_the_only_true_anonymous_way_to/', '14tqe5d', [['u/bitusher', 12, '2023-07-08 04:21', 'https://www.reddit.com/r/BitcoinBeginners/comments/14tqe5d/is_btc_atm_the_only_true_anonymous_way_to/jr3t2pp/', 'There are many ways to acquire BTC privately \n\n1) BTC atm without verification - coinatmradar.com \n\n2) receive btc for selling goods and services \n\n3) buy btc p2p in person \n\n4) mine btc \n\n5) Use a DEX like robosats or bisq or \n\nhttps://github.com/cointastical/P2P-Trading-Exchanges\n\n6) Buy BTC with ID than regain privacy after the fact', '14tqe5d']]], ['u/Appropriate-Boot-172', "cheapest way to convert ETH to BTC that's on ledger?", 16, '2023-07-08 05:01', 'https://www.reddit.com/r/ledgerwallet/comments/14trtwv/cheapest_way_to_convert_eth_to_btc_thats_on_ledger/', "Whats the cheapest way to convert ETH to BTC that's on ledger? I see that you can convert directly on the ledger but is this the best way to do taht?", 'https://www.reddit.com/r/ledgerwallet/comments/14trtwv/cheapest_way_to_convert_eth_to_btc_thats_on_ledger/', '14trtwv', [['u/loupiote2', 10, '2023-07-08 05:14', 'https://www.reddit.com/r/ledgerwallet/comments/14trtwv/cheapest_way_to_convert_eth_to_btc_thats_on_ledger/jr3z7oh/', 'Use a reputable centralized exchange like Coinbase, Binance, Kraken, Kucoin etc.', '14trtwv'], ['u/Downtown-Ad-3724', 15, '2023-07-08 06:45', 'https://www.reddit.com/r/ledgerwallet/comments/14trtwv/cheapest_way_to_convert_eth_to_btc_thats_on_ledger/jr48jrh/', 'I think OP\'s question in other words is "is it cheaper to move ETH to an exchange (which is expensive), convert it to BTC then move that BTC back to the Ledger" or just use the (also expensive) conversion feature in Ledger Live?\n\nI\'ve wondered this myself. The former is more complicated and error prone but how much expense is saved, really?', '14trtwv']]], ['u/AutoModerator', '[Daily Discussion] - Saturday, July 08, 2023', 26, '2023-07-08 06:00', 'https://www.reddit.com/r/BitcoinMarkets/comments/14tt1z6/daily_discussion_saturday_july_08_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\nThread guidelines:\n\n* Be excellent to each other.\n* Do not make posts outside of the daily thread for the topics mentioned above.\n\n⚡Tip Fellow Redditors over the Lightning Network⚡\n\n* Send sats as tips using lntipbot to show appreciation for good content.\n* [Instructions and more information](https://www.reddit.com/r/lntipbot/wiki/index/).\n\nOther ways to interact:\n\n[Get an invite](https://reddit-bitcoinmarkets.slack.com/join/shared_invite/enQtNjM1NTg3ODgwODUzLWRhOGI3MGFlZDVjMzBlYWYwYzIzZWNlOThjZDQ3ZjhlZGU2MDY2ZGY5ZDZjYzY5MzQyYWJiZWE5YzRiNmY0NmM) to live chat on [our Slack group](https://reddit-bitcoinmarkets.slack.com/)", 'https://www.reddit.com/r/BitcoinMarkets/comments/14tt1z6/daily_discussion_saturday_july_08_2023/', '14tt1z6', [['u/ImpudicusFungus', 13, '2023-07-08 11:59', 'https://www.reddit.com/r/BitcoinMarkets/comments/14tt1z6/daily_discussion_saturday_july_08_2023/jr4wmhc/', 'When the time comes the move will be epic. Enjoy your weekend in the meantime.', '14tt1z6'], ['u/jarederaj', 19, '2023-07-08 14:36', 'https://www.reddit.com/r/BitcoinMarkets/comments/14tt1z6/daily_discussion_saturday_july_08_2023/jr59qy... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["(Bloomberg) -- Billionaire Mukesh Ambani’s soon to be spun out financial services unit recommended his daughter Isha Ambani as a non-executive director of the board, underscoring the latest succession planning within his retail-to-refining empire.\nMost Read from Bloomberg\n• Singapore Arrests Minister, Property Tycoon in Graft Probe\n• How Much Income You Need to Crack America's Richest 1%\n• DeSantis Says No Thanks to $377 Million in US Energy Funds\n• Ex-Celsius CEO Alex Mashinsky Charged With Crypto Fraud\n• Microsoft, Activision Eye UK Rights Sale to Get Merger Done\nReliance Strategic Investments Ltd., which will be known as Jio Financial, approved the appointment of Rajiv Mehrishi, who previously served as the Comptroller and Auditor General of India, Sunil Mehta and Bimal Manu Tanna as independent directors, according to a filing on Saturday.\nIsha is part of the leadership team at Reliance Retail Ventures Ltd., where she is driving expansion into new business lines, geographies and formats, the company said in the filing. Isha played a pivotal role in the 2016 launch of the mobile data network Jio, the filing said.\nRead More: Ambani to List Financial Services, Rejig Engineering Business\nAmbani, who was locked in a bitter succession feud with his younger brother Anil Ambani about two decades ago, is seeking to avoid a similar power struggle among his three children. Last year, his eldest son Akash Ambani took over as chairman of wireless operator Reliance Jio Infocomm Ltd. Younger son Anant Ambani has taken on the group’s renewable energy flank.\nMost Read from Bloomberg Businessweek\n• South Korea’s Archaic Rental System Is Costing People Their Life Savings\n• What If the Next Big Social Media App Is ... Nothing?\n• A Japanese Company Bans Late-Night Work. A Baby Boom Soon Follows\n• New Bitcoin ETFs Now? Amid the Crypto Crackdown?\n• iQuit: My Hellish Attempt to Leave Apple’s Walled Garden\n©2023 Bloomberg L.P.", "(Bloomberg) -- Billionaire Mukesh Ambani\x92s soon to be spun out financial services unit recommended his daughter Isha Ambani as a non-executive director of the board, underscoring the latest succession planning within his retail-to-refining empire. Most Read from Bloomberg Singapore Arrests Minister, Property Tycoon in Graft Probe How Much Income You Need to Crack America's Richest 1% DeSantis Says No Thanks to $377 Million in US Energy Funds Ex-Celsius CEO Alex Mashinsky Charged With Crypto Fraud Microsoft, Activision Eye UK Rights Sale to Get Merger Done Reliance Strategic Investments Ltd., which will be known as Jio Financial, approved the appointment of Rajiv Mehrishi, who previously served as the Comptroller and Auditor General of India, Sunil Mehta and Bimal Manu Tanna as independent directors, according to a filing on Saturday. Isha is part of the leadership team at Reliance Retail Ventures Ltd., where she is driving expansion into new business lines, geographies and formats, the company said in the filing. Isha played a pivotal role in the 2016 launch of the mobile data network Jio, the filing said. Read More: Ambani to List Financial Services, Rejig Engineering Business Ambani, who was locked in a bitter succession feud with his younger brother Anil Ambani about two decades ago, is seeking to avoid a similar power struggle among his three children. Last year, his eldest son Akash Ambani took over as chairman of wireless operator Reliance Jio Infocomm Ltd. Younger son Anant Ambani has taken on the group\x92s renewable energy flank. Most Read from Bloomberg Businessweek South Korea\x92s Archaic Rental System Is Costing People Their Life Savings What If the Next Big Social Media App Is ... Nothing? A Japanese Company Bans Late-Night Work. A Baby Boom Soon Follows New Bitcoin ETFs Now? Amid the Crypto Crackdown? iQuit: My Hellish Attempt to Leave Apple\x92s Walled Garden ©2023 Bloomberg L.P.", "When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like inBitcoin Well Inc.'s(CVE:BTCW) instance, it's good news for shareholders.\nWhile insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.\nView our latest analysis for Bitcoin Well\nIn the last twelve months, the biggest single purchase by an insider was when Director Terry Rhode bought CA$71k worth of shares at a price of CA$0.064 per share. That means that even when the share price was higher than CA$0.055 (the recent price), an insider wanted to purchase shares. It's very possible they regret the purchase, but it's more likely they are bullish about the company. To us, it's very important to consider the price insiders pay for shares. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price.\nIn the last twelve months Bitcoin Well insiders were buying shares, but not selling. Their average price was about CA$0.051. These transactions show that insiders have confidence to invest their own money in the stock, albeit at slightly below the recent price. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!\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.\nThere was some insider buying at Bitcoin Well over the last quarter. Director Terry Rhode purchased CA$37k worth of shares in that period. It's good to see the insider buying, as well as the lack of recent sellers. But the amount invested in the last three months isn't enough for us too put much weight on it, as a single factor.\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. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Bitcoin Well insiders own about CA$4.8m worth of shares (which is 50% 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.\nInsider purchases may have been minimal, in the last three months, but there was no selling at all. That said, the purchases were not large. However, our analysis of transactions over the last year is heartening. Judging from their transactions, and high insider ownership, Bitcoin Well insiders feel good about the company's future. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. Our analysis shows5 warning signs for Bitcoin Well(4 make us uncomfortable!) and we strongly recommend you look at them before investing.\nIf you would prefer to check out another company -- one with potentially superior financials -- then do not miss thisfreelist of interesting companies, that have HIGH return on equity and low debt.\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", "When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like inBitcoin Well Inc.'s(CVE:BTCW) instance, it's good news for shareholders.\nWhile insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares.\nView our latest analysis for Bitcoin Well\nIn the last twelve months, the biggest single purchase by an insider was when Director Terry Rhode bought CA$71k worth of shares at a price of CA$0.064 per share. That means that even when the share price was higher than CA$0.055 (the recent price), an insider wanted to purchase shares. It's very possible they regret the purchase, but it's more likely they are bullish about the company. To us, it's very important to consider the price insiders pay for shares. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price.\nIn the last twelve months Bitcoin Well insiders were buying shares, but not selling. Their average price was about CA$0.051. These transactions show that insiders have confidence to invest their own money in the stock, albeit at slightly below the recent price. You can see the insider transactions (by companies and individuals) over the last year depicted in the ch Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-09 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $589,270,164,000 - Hash Rate: 425480581.581576 - Transaction Count: 594265.0 - Unique Addresses: 732590.0 Social & AI Sentiment: - Fear & Greed Index: 0.55 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Fidelity Refiles For Spot Bitcoin ETF, Says ETF Would Have Protected Investors Fidelity Refiles For Spot Bitcoin ETF Fidelity, the investment management company with $4.5 trillion in assets under management, has submitted paperwork for the Wise Origin Bitcoin Trust, a spot Bitcoin ETF, two weeks after the iShares division of BlackRock filed for the iShares Bitcoin Trust. The US Securities and Exchange Commission (SEC) had earlier denied Fidelity's application for the Wise Origin Bitcoin Trust in 2021. Invesco and WisdomTree have submitted their applications since BlackRock's spot ETF filing on June 15, while Ark Invest has modified its prior filing and is in front of the pack. Fidelity's paperwork also includes a "surveillance sharing agreement" with a yet-to-be-named U.S. spot-based Bitcoin exchange, designed to ease SEC concerns about market manipulation. Fidelity cited losses incurred by cryptocurrency investors recently as a result of custodian and controlled exchange bankruptcies and claimed that a spot Bitcoin ETF would have protected "countless investors." The SEC has yet to make a decision regarding any of the new applications, and the SEC’s decision on BlackRock’s ETF filing could take until early next year. According to CoinMarketCap data, BTC remains around the $30.5K level after the news.... - Reddit Posts (Sample): [['u/Into-the-Beyond', 'A little epiphany after being in this space for years', 219, '2023-07-09 01:20', 'https://www.reddit.com/r/Bitcoin/comments/14uilwo/a_little_epiphany_after_being_in_this_space_for/', 'The longer you’re here, the more you end up reframing your world views upon reflection. It sounds like a cult, but it’s really just a lens of perspective gained through education that can’t be unseen. While rewatching Deadwood, I was just thinking about how gold, a useful mineral in electronics today, back then was just a shiny rock with value because of perception and scarcity. Its supply was limited by how much people could find. And people found a lot! Supplies were very expensive with people trading lumps or gold for whatever they needed to continue prospecting. “How much you gettin’ there?” Carlton Lassiter from Psych asked his claim neighbor.\n\nGold was actually cheap by today’s standards, but scarcity has reigned supreme over time. The value of gold was the amount it took to convince a prospector to prospect. “Enough for whiskey, p****, and food from the Gem Saloon.”\n\nSuddenly, white people flooded native land and used made-up laws that the natives were excluded from in order to steal the land out from under them. Then they tore up the ground, laboring in dangerous conditions to literally sift through the dirt, all because the people who were rich enough to horde the shiny rocks paid handsomely. Manifest destiny was spread across the land by the perception of the value of gold. Its true value was its ability to force change simply by people wanting to acquire more of it. The rich didn’t care if commoners toiled and died as long as they changed the demographics of the land and paid a solid cut of the profits of the economy back to the top for basic incentives. The rich sold shovels and plots. And where is all that gold today? The rich slowly absorbed everything of value to them by any means necessary.\n\nToday, with unprecedented wealth disparity across the world, there’s a new gold rush happening, but this time it’s for Bitcoin—a once in humanity all-stars-miraculously-aligned type of invention. But unlike gold, no one’s literally living on top of the Bitcoin when it’s mined. Its mathematically scarce. It’s side-effect is stabilizing energy grids. Instead of “lawful” theft of resources, it’s a bloodless revolution. The only losers are to the unaware who don’t hold any and toil under the current system, plus the governments who lose liquidity in their rigged economies. The liquidity in their systems is what allows them to wage wars. First comes propaganda, delivered to us from birth, then comes printing more fiat to pay soldiers for doing the dirty work. (Also the banks lose, because they’re unneeded in a full Bitcoin economy and are full of bloat.)\n\nStories—propaganda—are powerful but “value” is also real. The true value is the ability to change society. The value of any given asset depends on the path the rich have to take to control said asset. With Bitcoin, control is inevitable—it’s what the rich do—but they have to pay for it just like the rest of us. The properties of Bitcoin allows true savings which is much more advantageous to plebes than anything we’ve ever seen under a fiat system. Bitcoin allows for saving of buying power to a fixed percentage of the total supply. Bitcoin’s immutable nature is part of its value. Top holders still have to play within the rules—no one can change the supply because it is set by the decentralized power of the people. It’s the best thing to happen to wealth redistribution possibly in all of history. What a time to be alive! This has all been simplified to a degree, but I hope you all understand my points. I’m a fantasy author with an economics degree. If that makes a difference in how you see me, perhaps you are influenced by stories and should read the Bitcoin Whitepaper and/or The Bitcoin Standard and think about what “value” is.\n\nTLDR;\nGold is shiny rocks that have historically convinced people into doing terrible things for the benefit of the rich. Control is wielded through scarcity—propaganda and perception effect actions. The true value of any asset is the change to society it can influence. Fiat is synonymous in this way, but even easier for governments to control and inflate because they literally print it constantly. Bitcoin is freedom because it is the hardest to control and everyone has to play by the same rules. Its properties benefit savers.', 'https://www.reddit.com/r/Bitcoin/comments/14uilwo/a_little_epiphany_after_being_in_this_space_for/', '14uilwo', [['u/kuzkokronk', 73, '2023-07-09 01:48', 'https://www.reddit.com/r/Bitcoin/comments/14uilwo/a_little_epiphany_after_being_in_this_space_for/jr7rbu6/', 'This guy bitcoins.', '14uilwo'], ['u/Otherwise-Degree-368', 24, '2023-07-09 01:58', 'https://www.reddit.com/r/Bitcoin/comments/14uilwo/a_little_epiphany_after_being_in_this_space_for/jr7si2i/', 'Well said... and true.', '14uilwo'], ['u/leandropoppz', 10, '2023-07-09 01:58', 'https://www.reddit.com/r/Bitcoin/comments/14uilwo/a_little_epiphany_after_being_in_this_space_for/jr7sl8m/', 'Thanks for sharing with us ! Really good!', '14uilwo'], ['u/Into-the-Beyond', 10, '2023-07-09 02:31', 'https://www.reddit.com/r/Bitcoin/comments/14uilwo/a_little_epiphany_after_being_in_this_space_for/jr7wiiw/', 'While I agree to a degree, I don’t think we are anywhere near Bitcoin under performing against fiat-valued index funds. Maybe in a hundred years when miners are only collecting fees. Maybe I’m wrong and it only takes 50 years, but I doubt it will be an imminent concern. The market cap of Bitcoin is too low for its value, that much I do bet my money on and sleep very well. I also hold stocks, but I’ve been considering each company I hold a LOT more carefully since learning about Bitcoin at the start of the last bull.', '14uilwo'], ['u/Crypto-4-Freedom', 19, '2023-07-09 02:42', 'https://www.reddit.com/r/Bitcoin/comments/14uilwo/a_little_epiphany_after_being_in_this_space_for/jr7xvh3/', 'That was a nice read.', '14uilwo'], ['u/Paragon_Voice', 18, '2023-07-09 03:11', 'https://www.reddit.com/r/Bitcoin/comments/14uilwo/a_little_epiphany_after_being_in_this_space_for/jr81751/', 'As Michael Saylor pointed out at BTC Prague, even the most successful Wall Street indexes are barely beating overall inflation. Literally everything is losing to the actual inflation rate.\n\nBitcoin is the only thing that wins out over every single index or asset out there.\n\nSo yes, BTC is the most advantageous saving mechanism the "plebes", and everyone else has seen across all monetary/fiscal systems.', '14uilwo'], ['u/Into-the-Beyond', 12, '2023-07-09 03:28', 'https://www.reddit.com/r/Bitcoin/comments/14uilwo/a_little_epiphany_after_being_in_this_space_for/jr836e3/', 'I mean, both have value, but only one is going to “win” on any given time frame.', '14uilwo'], ['u/flavius_lacivious', 11, '2023-07-09 05:35', 'https://www.reddit.com/r/Bitcoin/comments/14uilwo/a_little_epiphany_after_being_in_this_space_for/jr8hq4x/', '>I’m a fantasy author with an economics degree. If that makes a difference in how you see me, perhaps you are influenced by stories and should read the Bitcoin Whitepaper and/or The Bitcoin Standard and think about what “value” is.\n\nCame here to suggest you write, but saw this. Really good writing and I don’t say that here very often.', '14uilwo'], ['u/DailyBoss', 13, '2023-07-09 05:46', 'https://www.reddit.com/r/Bitcoin/comments/14uilwo/a_little_epiphany_after_being_in_this_space_for/jr8iwqj/', 'Word to Satoshi', '14uilwo']]], ['u/the_brave_mosquito', 'If Bitcoin is the future of money, we are fucked (the kids might not be), right?', 34, '2023-07-09 03:28', 'https://www.reddit.com/r/Bitcoin/comments/14uldjz/if_bitcoin_is_the_future_of_money_we_are_fucked/', 'I mean, if the modern banking system fails... that spawns a worldwide shit storm of so much hurt for so many people. \n\n\n\nI see BTC uses cases highlighted often. And to be clear, I think BTC is a good investment...there is no government, company, or bank in charge of it. That\'s powerful. But if BTC is to become the "perfect money" of the future, history has shown us what kind of path awaits us towards that future.\n\n\n\nI acknowledge I can be pessimistic about our future as a human race, so please share if you have thoughts on what a happier path towards mainstream BTC adoption looks like. I only see that path in fire.\n\n\n\n', 'https://www.reddit.com/r/Bitcoin/comments/14uldjz/if_bitcoin_is_the_future_of_money_we_are_fucked/', '14uldjz', [['u/UnitedPerceptiont', 58, '2023-07-09 03:31', 'https://www.reddit.com/r/Bitcoin/comments/14uldjz/if_bitcoin_is_the_future_of_money_we_are_fucked/jr83icc/', 'Bitcoin creates a soft landing opportunity. Which is why the elites hate it. Without Bitcoin, they would have already rolled in the dystopia.', '14uldjz'], ['u/Umpire_State_Bldg', 15, '2023-07-09 03:44', 'https://www.reddit.com/r/Bitcoin/comments/14uldjz/if_bitcoin_is_the_future_of_money_we_are_fucked/jr8554e/', 'The banking system was doomed before Bitcoin was ever invented.\n\nSo, do you want to live in a world where the banking system fails and there is no Bitcoin, or where the banking system fails but Bitcoin exists?', '14uldjz'], ['u/TheDialectic_', 54, '2023-07-09 04:06', 'https://www.reddit.com/r/Bitcoin/comments/14uldjz/if_bitcoin_is_the_future_of_money_we_are_fucked/jr87nqs/', 'BTC is a soft landing for an inevitability', '14uldjz'], ['u/road22', 20, '2023-07-09 04:20', 'https://www.reddit.com/r/Bitcoin/comments/14uldjz/if_bitcoin_is_the_future_of_money_we_are_fucked/jr897wt/', 'A banking system can never fail in a fiat money system, or it would have failed in 2008/2009.\n\nIt is the fiat currency that will fail when it becomes worthless.\n\nWhen the Venezuelan Bolivar failed a few years ago, there were still transactions for car and real estate, but only in US Dollar ... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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:A bitcoin ETF might be a divisive idea for some in the industry, but it\'s all the market has on its mind.\nInsights:The dYdX Foundation\'s Charles d\'Haussy talks about the future of the platform post-Ethereum, and what he sees as developing regulatory trends.\nCoinDesk Market Index (CMI)\n1,231\n−3.3▼0.3%\nBitcoin (BTC)\n$30,171\n−124.0▼0.4%\nEthereum (ETH)\n$1,863\n−2.5▼0.1%\nS&P 500\n4,398.95\n−12.6▼0.3%\nGold\n$1,931\n+4.4▲0.2%\nNikkei 225\n32,388.42\n−384.6▼1.2%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,231", "\\u22123.3\\u25bc0.3%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$30,171", "\\u2212124.0\\u25bc0.4%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,863", "\\u22122.5\\u25bc0.1%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,398.95", "\\u221212.6\\u25bc0.3%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,931", "+4.4\\u25b20.2%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["32,388.42", "\\u2212384.6\\u25bc1.2%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nBitcoin Opens Week Defending $30K Support Level\nA bitcoin ETF is the only thing on the market’s mind.\nBlackRock CEO Larry Fink’s embrace of bitcoin – an about-face for the finance executive –is dividing analystsand the industry at large.\n“So-called mainstream adoption will bring waves of new entrants to bitcoin, and the risk is that they won’t care, and won’t protect the decentralization properties that make it valuable over centralized alternatives in the first place,” Alex Thorn, head of research at Galaxy, wrote last week in his report.\nBut the market, at large, doesn’t seem to mind, not caring about the nuances of decentralization.\nThe world’s largest digital asset continues to defend the $30,000 mark, opening Asia’s trading week at $30,171. Ether is also holding above $1,800, trading at $1,863.\n“In a largely uneventful week, we saw bitcoin trending downward to test support levels near $30K,” BitBull Capital’s Joe DiPasquale said in a note to CoinDesk. “However, the market leader managed to defend the key level despite news of the SEC calling ETF filings inadequate.”\nBlackRock has refiled its application, and DiPasquale says the market awaits more clarity around this development.\n“We still maintain that continued trading above $30K will see more attempts to go higher. Meanwhile, $27K remains a strong support for now,” he said.\nLooking ahead to later this week, the market will have its eye on inflation numbers and jobless claims, two figures that the Fed will consider when making its next moves on rates. Expect crypto to trade accordingly.\n[{"Asset": "Cosmos", "Ticker": "ATOM", "Returns": "+2.5%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Polygon", "Ticker": "MATIC", "Returns": "+1.2%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Shiba Inu", "Ticker": "SHIB", "Returns": "+0.8%", "DACS Sector": "Currency"}]\n[{"Asset": "Solana", "Ticker": "SOL", "Returns": "\\u22122.4%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Cardano", "Ticker": "ADA", "Returns": "\\u22122.2%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Loopring", "Ticker": "LRC", "Returns": "\\u22122.0%", "DACS Sector": "Smart Contract Platform"}]\nDYdX Foundation CEO Calls Move to Own Blockchain From Ethereum a Prelude\nDYdX announced last year that it was leaving Ethereum for its own proprietary blockchain, on Cosmos,over concerns about the scalability of the blockchain. In early April, the exchange announced it had launched a V4 of its private testnet, apivotal stepin its roadmap.\nIn a recent interview with CoinDesk at the IVS Crypto Conference in Japan, Charles d\'Haussy, the CEO of the dYdX Foundation, explained the move by equating it to tech sovereignty. Having its own blockchain, he explained, allows dYdX to control its full tech stack and not depend on the speed and trade-offs of Ethereum\'s roadmap.\n“When you sit on someone else’s blockchain, you have a dependency on their roadmap. It’s not yours,” he told CoinDesk. “By having our own chain, we are able to execute much faster by moving away from a general purpose blockchain.”\nDYdX isn’t a new platform, but there’s renewed interest in it as the Securities and Exchange Commission (SEC)goes after its centralized counterparts. The platform isn’t without its growing pains, and the question at the end of the day will be if its new technology stack is the cure. Its token is downroughly 6% in the last monthas theprice of ether is up 1.3%, meaning the market is taking a cautious look at this as the exchange prepares for its next chapter.\nPart of Broader Trend\nD\'Haussy views dYdX owning its own blockchain as part of a broader trend where major crypto applications are optimizing for specific uses, thus making general-purpose blockchains less suitable.\n“At the beginning, you start with a Swiss knife, doing everything, but eventually, you want to become a craftsman and have specialized tools,” he said. “So I think we’ll see a lot of application chains and more interconnectivity between blockchains.”\nBut this doesn’t mean that dYdX will be centralized around its own chain. D\'Haussy also highlighted that dYdX is "blockchain agnostic," continually evolving and upgrading its technology. He believes this kind of adaptability is a key characteristic of successful decentralized finance applications.\nDYdX’s new blockchain will be open for other platforms to build on, but D\'Haussy pointed out that it\'s specifically designed for its own uses, and likened it to a "Formula 1 for decentralized finance."\nDiversity of validators\nTo prevent centralized failure, dYdX aims for diversity among their validators in geographies, underlying service providers, and types of providers. D\'Haussy foresees a rise in domestic validators due to certain regions lacking regulatory clarity.\n“We work on this to make sure that we\'ve got a diversity of geographies, diversity of underlying service providers, a mix of cloud providers, a mix of what we call bare metal providers,” he said.\nD\'Haussy predicts that in the coming years, regulations may require financial institutions to access public networks via domestic nodes, in order to ensure that activities on-chain fall under the purview of local regulators, which will significantly increase the demand for domestic validators.\nWhich means regulated crypto derivatives trading — if you’re in the right part of the world.\n9:30 a.m. HKT/SGT(1:30 a.m. UTC):China Consumer Price Index (June/YoY/MoM)\n1 p.m. HKT/SGT(5 a.m. UTC):Japan Economic Watchers Survey (June/Current and Outlook)\n3 p.m. HKT/SGT(7 a.m. UTC):China M2 Money Supply (June/YoY)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nBinance\'s CZ Brushes Off News of Execs Leaving; Bitwise CIO on Spot Bitcoin ETF Race\nFortune reports at least three executives left Binance as the company prepared to defend itself on multiple fronts. Fairlead Strategies Founder Katie Stockton shared her crypto markets analysis after the June U.S. jobs report was released. Bitwise CIO Matt Hougan and Ether Capital CEO Brian Mosoff weighed in on the spot bitcoin ETF race. And, Horizen CEO Rob Viglione explained why the self-described layer 0 blockchain was shedding its privacy coin moniker.\nCoinbase Knew It May Have Been Violating the Law Prior to the SEC\'s Lawsuit, Regulator Claims:The SEC pushed back against a previous Coinbase filing which argued that the regulator did not have sufficient jurisdiction to bring a lawsuit.\nBlackRock CEO’s Turnabout on Bitcoin Elicits Cheers, Skepticism of Crypto Cred:Larry Fink, CEO of the world’s biggest asset manager, says crypto could “revolutionize finance,” endorsing an industry he once viewed with skepticism. But the very nature of an ETF is at odds with the original ideals of Bitcoin.\nThree Arrows Capital Liquidator May Try to Claw Back About $1.2B From DCG, BlockFi:A July 7 report from Teneo, the hedge fund’s liquidator, described the potential claims.\nBinance Feels Strain of World’s Regulators Leaping Into Action:This week’s Australian probe, which sought out Binance employees outside the office, is only one of a growing list of legal entanglements facing the world’s biggest crypto exchange.\nThe Real Use Case for CBDCs: Dethroning the Dollar:Central bank digital currencies will revolutionize how companies settle international trade and reduce the need for greenbacks in the world economy, says Michael Casey.', 'Good morning. Here’s what’s happening: Prices: A bitcoin ETF might be a divisive idea for some in the industry, but it\'s all the market has on its mind. Insights: The dYdX Foundation\'s Charles d\'Haussy talks about the future of the platform post-Ethereum, and what he sees as developing regulatory trends. Prices CoinDesk Market Index (CMI) 1,231 −3.3 ▼ 0.3% Bitcoin (BTC) $30,171 −124.0 ▼ 0.4% Ethereum (ETH) $1,863 −2.5 ▼ 0.1% S&P 500 4,398.95 −12.6 ▼ 0.3% Gold $1,931 +4.4 ▲ 0.2% Nikkei 225 32,388.42 −384.6 ▼ 1.2% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,231 −3.3 ▼ 0.3% Bitcoin (BTC) $30,171 −124.0 ▼ 0.4% Ethereum (ETH) $1,863 −2.5 ▼ 0.1% S&P 500 4,398.95 −12.6 ▼ 0.3% Gold $1,931 +4.4 ▲ 0.2% Nikkei 225 32,388.42 −384.6 ▼ 1.2% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Bitcoin Opens Week Defending $30K Support Level A bitcoin ETF is the only thing on the market’s mind. BlackRock CEO Larry Fink’s embrace of bitcoin – an about-face for the finance executive – is dividing analysts and the industry at large. “So-called mainstream adoption will bring waves of new entrants to bitcoin, and the risk is that they won’t care, and won’t protect the decentralization properties that make it valuable over centralized alternatives in the first place,” Alex Thorn, head of research at Galaxy, wrote last Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-10 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $585,388,760,906 - Hash Rate: 387716032.92048943 - Transaction Count: 507115.0 - Unique Addresses: 679425.0 Social & AI Sentiment: - Fear & Greed Index: 0.56 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin Core developers are considering getting rid ofBRC-20transactions, a type of smart contract that enables the creation and management of tokens on the Bitcoin network. The discussion around the elimination of BRC-20 transactions can be found on the Bitcoin Development Mailing List and comes as the Bitcoin network has been facing serious congestion issues related to the growing popularity of BRC-20 tokens andOrdinalsInscriptions more generally. Some members of the Bitcoin community have expressed concern about the potential impact of eliminating BRC-20 transactions and others have questioned whether it would even be possible to implement in an appropriate manner. Critics of a potential ban argue that BRC-20 tokens could become an important part of the Bitcoin ecosystem, enabling gambling on meme tokens via the Bitcoin blockchain and improving long-term economics for miners. Moreover, BRC-20 tokens have gained popularity in a relatively short period of time, surpassing a collective market cap of $1 billion this week.... - 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: ['ETF euphoria is still wafting through both the crypto and finance space, and would-be Bitcoin investors are holding their breath ahead of what they hope will be the first approved exchange traded fund for spot markets. Their spirits were lifted after regulators gave their blessing to 2X Volatility Shares to start trading the first ETF in leveraged Bitcoin futures on June 23. For many observers, the move was a step in the right direction, toward the inevitable approval of a spot market ETF. The news was more bittersweet, however, for another contender hoping for a chance to offer a spot ETF: Grayscale. Donald Verilli, one of the lawyers representing Grayscale in its battle with the SEC, argued that approving the Volatility Shares ETF ran contrary to its own stance against any fund dealing with spot markets. Grayscale Is Suing SEC After Spot Bitcoin ETF Rejection \x93The fact that the Commission has allowed a leveraged bitcoin futures ETP to begin trading demonstrates that the Commission continues to arbitrarily treat spot Bitcoin ETPs differently than bitcoin futures ETPs,\x94 Verilli wrote in a letter to the clerk for the U.S. Court of Appeals in Washington D.C. on Monday. For the better part of a year, the asset manager has been locked in a lawsuit against the Securities and Exchange Commission, which it accuses of being unfair and arbitrary in its approval process. Grayscale sued the SEC last June after the agency rejected its application to convert its Grayscale Bitcoin Trust (GBTC) into a spot market ETF. The SEC argued that Grayscale\'s application lacked a plan to monitor any impact on spot prices that came from fraud or market manipulation. Grayscale has rejected this claim, countering that futures prices themselves are drawn from spot markets, a stance that the federal judge hearing the lawsuit showed some sympathy towards at a hearing in March. Judges Scrutinize SEC Over Denial of Grayscale Bitcoin ETF For Grayscale, the approval of the Volatility Shares ETF was just more proof of the SEC\x92s inconsistency. In his letter, Verilli argued that by dealing with futures markets using leverage to achieve bigger returns, the fund was exposing investors to more risk than a spot or traditional futures ETF would. This, he argues, should invalidate their rationale opposing Grayscale\x92s filing. Story continues "While the commission could theoretically correct its discriminatory treatment of spot bitcoin ETPs by rescinding its approval of all Bitcoin-based ETPs, the Commission\'s apparent willingness to permit even a leveraged bitcoin futures ETP\x97a particularly high-risk version of a Bitcoin futures product\x97makes clear [it] has no intention of doing so," said Verilli. Representatives from Volatility Shares declined to comment on Verilli\x92s arguments. In an earlier interview with Decrypt , the ETF\x92s co-founder and president Justin Young said that it was Grayscale\x92s initial application that cracked the door open to recent entrants like BlackRock to also seek a spot market product. He added that it was his belief that approval of the Volatility Shares\x92 ETF could facilitate approval for one. Bitcoin Spot ETF Will Open Door to New Investors: Volatility Shares Co-Founder "I think it brings to a lot of people\'s attention the thought that if the SEC has let a leveraged Bitcoin linked product through, why on Earth wouldn\'t they allow spot Bitcoin through?" Young said. In a Twitter thread, Grayscale appeared to be in some agreement with this view, noting that it is not claiming that products like Volatility Shares\' ETF should not exist. The firm insisted instead that it was motivated to speak out against the SEC\'s approval process. "Ultimately, excitement for these products backs up what we\x92ve been saying all along: that investors are eager for $BTC exposure with the protections of the ETF wrapper," it wrote.', 'ETF euphoria is still wafting through both the crypto and finance space, and would-be Bitcoin investors are holding their breath ahead of what they hope will be the first approved exchange traded fund for spot markets.\nTheir spirits were lifted after regulators gave their blessing to2X Volatility Sharesto start trading the first ETF in leveraged Bitcoin futures on June 23. For many observers, the move was a step in the right direction, toward the inevitable approval of a spot market ETF.\nThe news was more bittersweet, however, for another contender hoping for a chance to offer a spot ETF: Grayscale.\nDonald Verilli, one of the lawyers representing Grayscale in its battle with the SEC, argued that approving the Volatility Shares ETF ran contrary to its own stance against any fund dealing with spot markets.\n“The fact that the Commission has allowed a leveraged bitcoin futures ETP to begin trading demonstrates that the Commission continues to arbitrarily treat spot Bitcoin ETPs differently than bitcoin futures ETPs,” Verilli wrote in aletterto the clerk for the U.S. Court of Appeals in Washington D.C. on Monday.\nFor the better part of a year, the asset manager has been locked in a lawsuit against the Securities and Exchange Commission, which it accuses of being unfair and arbitrary in its approval process. Grayscalesued the SEClast June after the agency rejected its application to convert its Grayscale Bitcoin Trust (GBTC) into a spot market ETF.\nThe SEC argued that Grayscale\'s application lacked a plan to monitor any impact on spot prices that came from fraud or market manipulation. Grayscale has rejected this claim, countering that futures prices themselves are drawn from spot markets, a stance that thefederal judge hearingthe lawsuit showed some sympathy towards at a hearing in March.\nFor Grayscale, the approval of the Volatility Shares ETF was just more proof of the SEC’s inconsistency. In his letter, Verilli argued that by dealing with futures markets using leverage to achieve bigger returns, the fund was exposing investors to more risk than a spot or traditional futures ETF would. This, he argues, should invalidate their rationale opposing Grayscale’s filing.\n"While the commission could theoretically correct its discriminatory treatment of spot bitcoin ETPs by rescinding its approval of all Bitcoin-based ETPs, the Commission\'s apparent willingness to permit even a leveraged bitcoin futures ETP—a particularly high-risk version of a Bitcoin futures product—makes clear [it] has no intention of doing so," said Verilli.\nRepresentatives from Volatility Shares declined to comment on Verilli’s arguments.\nIn anearlier interviewwithDecrypt, the ETF’s co-founder and president Justin Young said that it was Grayscale’s initial application that cracked the door open to recent entrants like BlackRock to also seek a spot market product. He added that it was his belief that approval of the Volatility Shares’ ETF could facilitate approval for one.\n"I think it brings to a lot of people\'s attention the thought that if the SEC has let a leveraged Bitcoin linked product through, why on Earth wouldn\'t they allow spot Bitcoin through?" Young said.\nIn a Twitter thread, Grayscale appeared to be in some agreement with this view, noting that it is not claiming that products like Volatility Shares\' ETF should not exist. The firm insisted instead that it was motivated to speak out against the SEC\'s approval process.\n"Ultimately, excitement for these products backs up what we’ve been saying all along: that investors are eager for $BTC exposure with the protections of the ETF wrapper," it wrote.', 'ETF euphoria is still wafting through both the crypto and finance space, and would-be Bitcoin investors are holding their breath ahead of what they hope will be the first approved exchange traded fund for spot markets.\nTheir spirits were lifted after regulators gave their blessing to2X Volatility Sharesto start trading the first ETF in leveraged Bitcoin futures on June 23. For many observers, the move was a step in the right direction, toward the inevitable approval of a spot market ETF.\nThe news was more bittersweet, however, for another contender hoping for a chance to offer a spot ETF: Grayscale.\nDonald Verilli, one of the lawyers representing Grayscale in its battle with the SEC, argued that approving the Volatility Shares ETF ran contrary to its own stance against any fund dealing with spot markets.\n“The fact that the Commission has allowed a leveraged bitcoin futures ETP to begin trading demonstrates that the Commission continues to arbitrarily treat spot Bitcoin ETPs differently than bitcoin futures ETPs,” Verilli wrote in aletterto the clerk for the U.S. Court of Appeals in Washington D.C. on Monday.\nFor the better part of a year, the asset manager has been locked in a lawsuit against the Securities and Exchange Commission, which it accuses of being unfair and arbitrary in its approval process. Grayscalesued the SEClast June after the agency rejected its application to convert its Grayscale Bitcoin Trust (GBTC) into a spot market ETF.\nThe SEC argued that Grayscale\'s application lacked a plan to monitor any impact on spot prices that came from fraud or market manipulation. Grayscale has rejected this claim, countering that futures prices themselves are drawn from spot markets, a stance that thefederal judge hearingthe lawsuit showed some sympathy towards at a hearing in March.\nFor Grayscale, the approval of the Volatility Shares ETF was just more proof of the SEC’s inconsistency. In his letter, Verilli argued that by dealing with futures markets using leverage to achieve bigger returns, the fund was exposing investors to more risk than a spot or traditional futures ETF would. This, he argues, should invalidate their rationale opposing Grayscale’s filing.\n"While the commission could theoretically correct its discriminatory treatment of spot bitcoin ETPs by rescinding its approval of all Bitcoin-based ETPs, the Commission\'s apparent willingness to permit even a leveraged bitcoin futures E Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-11 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $592,852,204,875 - Hash Rate: 339880937.9497796 - Transaction Count: 432293.0 - Unique Addresses: 686922.0 Social & AI Sentiment: - Fear & Greed Index: 0.57 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Halfway through 2023, the crypto industry isslowly recovering from the bruisesand losses it suffered last year and regaining ground. A very long crypto winter, collapses, millions of dollars lost and, of course, the whole FTX debacle have instilled caution and a loss in confidence in the space for many investors. I’m a Self-Made Millionaire:These Are the 6 Investments Everyone Should Make During an Economic DownturnCheck Out:3 Things You Must Do When Your Savings Reach $50,000 Yet, several experts argue that despite the beating the industry took,there are some winners that have either emerged or become even more prominent. Meanwhile, they caution about certain pockets or practices in the industry that can still prove detrimental to investors. “Obviously the headlines have focused on the daisy chain of collapses that impacted a large number of the centralized players in the crypto industry over the last year, notably Celsius, Voyager and FTX,” said Nihar Neelakanti, CEO and co-founder ofEcosapiens. “But I think a somewhat overlooked story in our industry has been how durable the crypto industry has been amid this ongoing banking crisis.” Bitcoin’s value proposition, he said, has been reinforced in a profound way to a good many people and organizations that otherwise likely would not have considered it to be an investment hedge to systemic financial issues. Neelakanti explained that Bitcoin of course was born in the flames of the Great Financial Crisis; but, until recently, a lot of investors viewed it as a niche plaything for the tech world. “No longer,” he said. The asset has regained some attention partly because of the recent turmoil in the traditional banking system and the ensuing collapses of several banks. Take Our Poll:Who Has Given You the Best Money Advice You Have Ever Received? “I personally know several people who allocated a portion of their own funds to Bitcoin when Silicon Valley Bank collapse happened,” he said, adding that the banking crisis shook their understanding of the stability of our financial system. In turn, they sought out Bitcoin because it serves as an insurance policy for these kinds of crises. “Bitcoin is the ultimate bearer asset — or, I should say, the opposite of a bank deposit in that you can hold Bitcoin in your digital wallet as you would cash in your physical wallet,” he added. “It’s decentralized, meaning that it’s highly secure. It makes sense, in this context, that Bitcoin has performed relatively well since the banking crisis kicked off. So, in a sense, those who now use Bitcoin as a hedge have scored a win when it comes to both investing and indeed securing their own funds.” Bitcoin was around $28,000 on May 30, up a whopping 68.8% year to date, according to MarketWatch data. Other events are also buoying the asset, notably the recent news of a potential debt ceiling deal. Sam North, market analyst ateToro, noted on May 30 that Bitcoin has surged to a two-week high on the back of a potential deal struck by Republicans and Democrats to avoid a U.S. debt ceiling default. “Having traded below or around $27,000 for the past two weeks, Bitcoin surged early this week to close to $28,000 as investors bought the news of a potential deal to avoid default disaster,” he said. “The crypto asset is still below recent levels, however, as markets continue to tread carefully.” North noted that Ether similarly saw a price surge, having traded around $1,800 for three weeks and rising to just shy of $1,900 following the debt ceiling news. The asset was up a notable 60% year to date, according to MarketWatch data. Anthony Georgiades, co-founder ofPastel Network, said the biggest winners are those who have invested in building out incredibly powerful crypto protocols. “Indeed,” he said, “it’s the builders who have invested their time and hard work in this industry amid the turbulence and, in turn, who are helping to secure the longer term and powerful vision of the digital asset industry.” He specifically pointed at Ethereum and the massive improvements made to the chain that have taken place over the last several months, notably transitioning Ethereum from proof of work to proof of stake, which, he said, was a huge accomplishment not only in technical terms but also the long-term viability of the chain itself. “And when coupled with Ethereum’s Shanghai upgrade, which added tremendous amounts of utility in terms of staking, the chain became a long-term investment not only for crypto-native users but also for bigger institutions that want to get exposure to this ecosystem,” he added. “Those upgrades were huge wins for our industry, propelling us forward at a time of great economic turbulence and regulatory uncertainty, and it’s exciting to see!” Meme coins had a huge moment in the sun, peddled by celebrities on social media and enabling many investors to make a quick buck. But, with the numerous scandals and enormous losses that marred the crypto space last year, caution is now the guiding light for many investors. What’s more, meme coins themselves have seen their reputation tarnished due to the rise of rug pulls, a scam in which developers build what appear to be legitimate crypto projects before taking investors’ money and disappearing. Just recently, a new meme coin hit the market in late April: Pepe saw an explosive surge, reaching a market cap of $1.6 billion at one point, according to CoinMarketCap — although on May 30 its market cap was down to $576,125,504. The surge has prompted some to say a new meme coin season is upon us, which caused other meme coins “to go on spectacular pumps and just as astounding dumps,” CoinMarketCap noted. “For every tale of rags to riches, there’s a horror story lurking in the shadows,” saidSmartblockschief revenue and marketing officer Mark Fidelman, who added this is where meme coins like Pepe come into play. “Listen, I get it: The idea of investing in something that’s a bit tongue in cheek, a bit fun, it’s tempting,” he said. “But let me be clear: These are not a safe bet. It’s like playing the lottery, except your odds are probably worse. There’s no real value, no solid backing to these coins, and the market is ripe for manipulation. “Don’t get me wrong: Some folks have made a quick buck, but countless others have lost their shirts. So, if you’re thinking about dabbling in meme coins, just remember: It’s a gamble, not an investment.” In the end, experts agree that venturing into the world of cryptocurrencies can be a thrilling and potentially highly rewarding endeavor, if you do it the “right” way. “By approaching your investments with a serious and well-informed mindset, drawing wisdom from noteworthy wins and losses and prioritizing long-term thinking, you can confidently navigate the complexities of crypto investments,” said Mikkel Morch, chairman and non-executive director atARK36. “Embrace the power of knowledge, strategically diversify your portfolio, safeguard against scams and actively engage with the crypto community. Remember, success in this realm requires continuous learning, adaptability and a steadfast commitment to your investment strategy.” More From GOBankingRates • Houses in These Cities Are Suddenly Bargains • See GOBankingRates' Top 100 Most Influential Money Experts and Vote for Your Favorite • 3 Things You Must Do When Your Savings Reach $50,000 • 48 Easy Things You Can Do To Live Better and Save Money This article originally appeared onGOBankingRates.com:Crypto’s Biggest Winners and Losers Halfway Through 2023, According to Experts... - Reddit Posts (Sample): [['u/thebestbaghodlr', 'ELI5: Why would the halving affect prices at all this time?', 65, '2023-07-11 06:43', 'https://www.reddit.com/r/CryptoCurrency/comments/14wh1h0/eli5_why_would_the_halving_affect_prices_at_all/', 'Since we can\'t seem to talk about anything else here anymore I might as well dive deeper into the halving. I have two reasons why I personally think it won\'t affect prices but I\'m open to people correcting me. \n\n1. With 93% of BTC already mined, why does it matter how long the remaining 7% takes to mine? I can understand the effects of halvings early on were massive, new BTC was bountiful and suddenly new supplies were sliced significantly. But almost all of the mining is already done. This is the area I welcome some education on, if I\'m overlooking some core concept here. \n\n\n2. The one I feel is more important: everyone expects it to pump after the halving, so this is already priced in. If anything it feels like there will be a large "sell the news" scenario. To be clear I feel BTC is largely undervalued and should be standing higher than it currently is but I don\'t feel like the halving is the catalyst for this to occur', 'https://www.reddit.com/r/CryptoCurrency/comments/14wh1h0/eli5_why_would_the_halving_affect_prices_at_all/', '14wh1h0', [['u/emptyzed81', 10, '2023-07-11 10:12', 'https://www.reddit.com/r/CryptoCurrency/comments/14wh1h0/eli5_why_would_the_halving_affect_prices_at_all/jrif6kl/', '30k for 1digital string of numbers and letters is a lot if ya think about it🤣', '14wh1h0']]]]... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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: What\'s going to move bitcoin away from $30,000? Insights: A freely convertible Chinese Yuan is a requirement for a CNY stablecoin. That\'s not going to happen anytime soon. Prices CoinDesk Market Index (CMI) 1,245 +4.0 ▲ 0.3% Bitcoin (BTC) $30,608 +202.5 ▲ 0.7% Ethereum (ETH) $1,878 −0.7 ▼ 0.0% S&P 500 4,439.26 +29.7 ▲ 0.7% Gold $1,939 +13.6 ▲ 0.7% Nikkei 225 32,203.57 +13.8 ▲ 0.0% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,245 +4.0 ▲ 0.3% Bitcoin (BTC) $30,608 +202.5 ▲ 0.7% Ethereum (ETH) $1,878 −0.7 ▼ 0.0% S&P 500 4,439.26 +29.7 ▲ 0.7% Gold $1,939 +13.6 ▲ 0.7% Nikkei 225 32,203.57 +13.8 ▲ 0.0% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Bitcoin is Looking at a 2024 Bull Market, But is $120,000 Realistic? As Asia opens for its trading day, bitcoin continues to maintain the $30,000 mark, while ether is flat. Coinglass data shows that in the last 12 hours, slightly more long liquidations than short liquidations occurred with $7 million longs and $6.73 million shorts liquidated. “The market is on standby, awaiting signals of price increase following a slowdown or pause in rate hikes in the second half of the year, which would be characterized by liquidity inflow,” Bybit’s Ether Chen, its lead financial engineer, told CoinDesk in a note. Chen said that Bybit’s team expects a potential market price recovery in the fourth quarter, but a full bull market might not materialize until 2024. This recovery would be contingent upon the cessation of rate hikes, BTC halving and the resolution of regulatory storms. Tim Frost, CEO of digital wealth platform Yield App points to slowing inflation figures but a market confidence that the Federal Reserve will still hike rates as sort of a mixed messaging, and dismisses a recent report from Standard Chartered that bitcoin will hit $120,000 by the end of next year. Story continues “For crypto assets, this all likely means continued range trading around current levels. Bitcoin seems to be holding fairly close to $30,000 at the moment which is a near 100% increase from January when it started the year at $16,540,” he said in a note. “There are few assets that perform this well in a "bear" market, and canny seasoned traders will likely have done well on BTC this year.” Regardless of whether or not Standard Chartered’s price prediction is correct, Frost sees a bull market on the horizon for 2024. “The long-range consensus remains that crypto will enter its next bull market in 2024 following a period of continued consolidation this year and, behind closed doors, huge innovation is paving the way for the next wave of crypto adoption,” he concludes. Biggest Gainers Asset Ticker Returns DACS Sector Solana SOL +3.7% Smart Contract Platform Decentraland MANA +2.3% Entertainment Cardano ADA +1.9% Smart Contract Platform Biggest Losers Asset Ticker Returns DACS Sector Stellar XLM −1.2% Smart Contract Platform Avalanche AVAX −0.9% Smart Contract Platform Cosmos ATOM −0.4% Smart Contract Platform Insights Here\'s Why we Won\'t See a CNY Stablecoin Circle’s CEO Jeremy Allaire argues that a stablecoin pegged to the Chinese Yuan (CNY) is a better option than a Central Bank Digital Currency (CBDC). But a yuan stablecoin isn’t going to happen, just like a Chinese CBDC isn’t going to challenge the dollar. Why? Because the free convertibility of the yuan goes against a core fundamental of Beijing’s monetary policy. The People’s Bank of China (PBoC) maintains strict control over the exchange rate of the yuan, keeping it within a narrow band and not allowing it to float freely in international markets. This allows China to maintain control over its export prices and its domestic economy. But it also means that the yuan can’t be used offshore, like the Euro or the USD, and there are strict capital controls on how much you can bring out of the country. The more you want your currency used internationally, the more control you need to be willing to cede. As the IMF’s First Deputy Managing Director Gita Gopinath pointed out in a 2022 address, these aren’t the traits of a global currency. After all, the yuan is only used in around 3.2% of global payments as of January 2022. "If a country is aspiring to be a global currency, then in that case, you would need to have, you know, basically fully and freely mobile capital, full capital account liberalization, full convertibility of exchange rate, which is not the case right now in China," Gopinath is quoted as saying . Currency manipulation has been a contentious issue in U.S.-China relations, and, in 2019, the U.S. Department of the Treasury labeled the country a currency manipulator . But you know who else has been on the radar of Washington as a currency manipulator? Taiwan. Unlike China, Taiwan does not actively intervene to keep its currency, the New Taiwan Dollar (TWD), artificially low to boost exports. Instead, Taiwan has been known to intervene to prevent rapid appreciation of its currency which could harm its export-driven economy. This has been an issue since 1989, when the U.S. Senate subcommittee on international trade called a hearing on currency manipulation . David Mulford, the then Under Secretary-Designate, Office of International Affairs, Department of the Treasury, noted the large-scale intervention in the foreign exchange market by Taiwan\'s Central Bank, and a lack of significant exchange rate appreciation despite Taiwan running large external surpluses. For its part, Taipei denies that it\'s an active currency manipulator or has capital controls pointing to the openness of foreign investment in its equities market and the free convertibility of foreign currency on its shores. But if there’s one thing that unites Taipei and Beijing, its that central bankers in neither capital want to relinquish control of their currencies to the market. Important events. 1 p.m. HKT/SGT(UTC): Bank of England Financial Stability Report 8:30 p.m. HKT/SGT(12:30 p.m. UTC): U.S. Consumer Price Index (June/MoM/YoY) 7:50 a.m. HKT/SGT(23:50 p.m. UTC/July 11): Japan Producer Price Index CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Justin Sun on State of Crypto Regulation; EU\'s Metaverse Strategy TRON founder and Huobi global advisor Justin Sun joined "First Mover" to discuss the state of crypto regulation, outlook on Hong Kong, and much more. Bitcoin (BTC) is holding firm above $30,000. GSR Markets co-founder and president Rich Rosenblum gave his crypto markets analysis. And, the European Commission\'s metaverse strategy is slated to be released later today. Metaverse EU editor Patrick Grady shared his expectations. Headlines Bitcoin Quiets Down in July After a Tumultuous First Half of 2023: While July has historically been one of Bitcoin’s strongest months, the largest crypto by market value’s price has remained range-bound so far this month. BlackRock’s Bitcoin ETF Application Takes Surveillance to the Next Level: An Information-Sharing Agreement, which appears to be absent from public spot Bitcoin ETF filings, compels a crypto exchange to share trading data up to and including personal information such as a customer’s name and address. Ether Staking Ratio Nears Key Milestone as Inflows Slow Amid Regulatory Pressures: Investors committed nearly 20% of all ETH tokens to lock up in staking contracts, according to blockchain data. Why Threads Got 100 Million Users When Other Twitter Rivals Could Not: Network effects and ease-of-use rule the day. And, a lot of people clearly don’t care about decentralization and privacy all that much, says CoinDesk’s Emily Parker. The Big Robert F. Kennedy Jr. Bitcoin Nothingburger: The candidate isn’t necessarily biased just because he owns BTC.', 'Good morning. Here’s what’s happening:\nPrices:What\'s going to move bitcoin away from $30,000?\nInsights:A freely convertible Chinese Yuan is a requirement for a CNY stablecoin. That\'s not going to happen anytime soon.\nCoinDesk Market Index (CMI)\n1,245\n+4.0▲0.3%\nBitcoin (BTC)\n$30,608\n+202.5▲0.7%\nEthereum (ETH)\n$1,878\n−0.7▼0.0%\nS&P 500\n4,439.26\n+29.7▲0.7%\nGold\n$1,939\n+13.6▲0.7%\nNikkei 225\n32,203.57\n+13.8▲0.0%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,245", "+4.0\\u25b20.3%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$30,608", "+202.5\\u25b20.7%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,878", "\\u22120.7\\u25bc0.0%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,439.26", "+29.7\\u25b20.7%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,939", "+13.6\\u25b20.7%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["32,203.57", "+13.8\\u25b20.0%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nBitcoin is Looking at a 2024 Bull Market, But is $120,000 Realistic?\nAs Asia opens for its trading day, bitcoin continues to maintain the $30,000 mark, while ether is flat.Coinglass datashows that in the last 12 hours, slightly more long liquidations than short liquidations occurred with $7 million longs and $6.73 million shorts liquidated.\n“The market is on standby, awaiting signals of price increase following a slowdown or pause in rate hikes in the second half of the year, which would be characterized by liquidity inflow,” Bybit’s Ether Chen, its lead financial engineer, told CoinDesk in a note.\nChen said that Bybit’s team expects a potential market price recovery in the fourth quarter, but a full bull market might not materialize until 2024. This recovery would be contingent upon the cessation of rate hikes, BTC halving and the resolution of regulatory storms.\nTim Frost, CEO of digital wealth platform Yield App points to slowing inflation figures but a market confidence that the Federal Reserve will still hike rates as sort of a mixed messaging, and dismisses arecent report from Sta Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-12 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $593,807,974,450 - Hash Rate: 382989765.58074266 - Transaction Count: 478320.0 - Unique Addresses: 752660.0 Social & AI Sentiment: - Fear & Greed Index: 0.64 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin fell 3.47% from June 9 to June 16 to trade at US$25,561 at 3:30 p.m. Friday in Hong Kong. The world’s largest cryptocurrency by market capitalization dipped below US$25,000 for the first time in three months, before recovering. Ether fell 9% over the week to US$1,670. 1xKqh8PIfzGrhNKh7lrDvbof 2Shmuu7x4dkypXowbEO8Ek7JWDWTYPmLBY70u79 5afRV85yTp S2FwAFszxuM6rXJMDcnJe84ptvwxUQ This week, crypto investor appetite remained weighed down by the Securities and Exchange Commission’s (SEC) ongoing lawsuits against Binance and Coinbase. The SEC filed a motion to freeze the assets of Binance.US , which was denied in court on Wednesday. Judge Amy Berman Jackson of the D.C. District Court ordered Binance.US to share its business expenses with the court while the two parties continue negotiations. “The current crackdown can be seen as a pre-emptive strike, dating back to the collapse of FTX in 2022. U.S. crypto companies will automatically adapt their activities to the new rules resulting from the outcome of the lawsuits. As long as there is no immediate threat from other crypto companies, the SEC might be satisfied with this latest show of arms,” Jonas Betz, crypto market analyst and founder of consultancy firm Betz Crypto , told Forkast in a LinkedIn response. Mike Brusov, co-founder of crypto intelligence firm Cindicator , said that distrust in fiat currencies had led to a large influx of capital into crypto, which bolstered Bitcoin to US$29,538 in May, and that the SEC’s aggressive lawsuits aimed to stop this trend. “There are a multitude of strange moments involved in this situation,” said Brusov, referencing SEC chair Gary Gensler’s alleged offer to serve as an advisor to Binance. “Also, a large list of coins became declared as ‘unregistered securities’. This extreme accusation suddenly included high-level blockchains whose tokens have specific utility while serving as an integral piece of the project at large,” wrote Brusov. In the SEC’s other lawsuit against San Francisco payments firm Ripple Labs , the Hinman files – documents of internal communication from former SEC official William Hinman – were released this week. A June 2018 email from Hinman stated that the agency did not classify Ether, the native cryptocurrency of the Ethereum blockchain , as a security. This statement could influence the allegations made by the Commission against Ripple. The SEC argues that XRP , the cryptocurrency used in Ripple’s products and services, is a security. Story continues A June 2018 email from Hinman stated that the agency did not classify Ether, the native cryptocurrency of the Ethereum blockchain , as a security. Images: SEC, Envato Elements Rate hikes: Press start to pause The U.S. consumer price index showed that inflation rose at a 4% annual rate in May, below the expected 4.1%, marking the slowest growth in inflation in two years. The Federal Reserve announced a pause on interest rate hikes on Wednesday, leaving its lending rate at 5% to 5.25% after over a year of consecutive rate hikes. Bitcoin sank to US$24,983 on Wednesday after the Fed signaled that two more rate increases should be expected this year. “It’s a clear sign that the U.S. is edging its way to winning the war against inflation. As a result, there was an initial sell-off in the crypto market. This was short-lived as the market quickly rebounded, with investors betting on continued economic growth and corporate profitability despite higher borrowing costs,” Lucas Kiely, the chief investment officer of digital asset platform Yield App , wrote to Forkast . The U.S. Federal Reserve has signaled that two more rate increases should be expected this year. Image: Win McNamee via Getty Images. Adding to investor concerns, the European Central Bank raised interest rates by 25 basis points to 3.5% on Thursday, in an eighth consecutive hike. This brings interest rates in the region to the highest in 22 years. The central bank also indicated that it is mulling higher interest rates this year. The global crypto market capitalization stood at US$1.04 trillion on Friday at 3:30 p.m. in Hong Kong, down 5.45% from US$1.1 trillion a week ago, according to CoinMarketCap data. With a market cap of US$495 billion, Bitcoin represented 47.8% of the market while Ether, valued at US$200 billion, accounted for 19.3%. See related article: US SEC sues major exchanges; Circle gets Singapore license Notable Movers: EOS & APE Layer-1 blockchain protocol EOS Network’s (EOS) token was this week’s biggest loser in the top 100. EOS fell 28.97% to US$0.6355. The token started its downtrend on Saturday, pressured by the SEC’s lawsuits and the overall negative market sentiment. ApeCoin , the official crypto of the Bored Ape Yacht Club ecosystem, was this week’s second biggest loser in the top 100. ApeCoin fell 27.98% to trade at US$2.09, along with most of the notable metaverse tokens. The Sandbox’s (SAND) token also fell 21.53% while Decentraland’s (MANA) token declined 19.56% on the weekly chart. Bored Ape Yacht Club in OpenSea See related article: Why the US is waging war on Binance, Coinbase Next week: Can Bitcoin hold US$24,000? Next week, investors will be looking forward to key speeches from several members of the Federal Open Market Committee (FOMC), including president of the Federal Reserve Bank of Cleveland, Loretta Mester, Atlanta Fed chief Raphael Bostic and St. Louis Fed president James Bullard. Federal Reserve chair Jerome Powell is also set to testify on the Fed’s recent monetary policy actions on Wednesday and Thursday. The Bitcoin Fear & Greed index , which is a multifactorial measure of crypto market sentiment, rose from 41 points on Thursday to 47 points on Friday, signaling that investor sentiment shifted from fearful to neutral. While market participants are cautious that the SEC may go after other exchanges, Kasper Vandeloock, chief executive officer of quantitative trading firm Musca Capital , does not expect any more lawsuits from the SEC without further regulatory clarity in the U.S. Yield App’s Kiely said that Bitcoin price will likely remain range-bound next week unless it falls below US$24,000. “To confirm an upward trend, Bitcoin prices need to close the week above the key level of US$30,500. Bitcoin has been trading below this for several weeks now, with neither bulls nor bears taking control… On the other hand, if prices fail to hold above current levels, it could indicate a continuation of bearish sentiment. Investors should also keep an eye on another key level at US$24,000,” wrote Kiely. See related article: BlackRock files for spot Bitcoin ETF, taps Coinbase as custodian... - Reddit Posts (Sample): []... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin dropped in Thursday morning trading in Asia to below US$30,500, as the U.S. government’s potential sale of Bitcoin seized from a Silk Road theft exerted pressure on the token. Along with Bitcoin, Ether and most other top 10 non-stablecoin cryptocurrencies also logged losses, with Polygon’s Matic leading the losers. U.S. equity futures rose after data showed that U.S. inflation slowed in June. Nonetheless, analysts ramped up their expectations for another interest rate hike in July.\nBitcoin dropped 0.81% over the last 24 hours to US$30,375 as of 07:20 a.m. in Hong Kong for a weekly loss of 0.35%. Following the release of the U.S. consumer price index (CPI), the world’s biggest cryptocurrency reached a high of US$30,959 on Wednesday night in Asia. However, it soon retreated below US$30,500, according todatafrom CoinMarketCap.\nBitcoin wallets linked to the U.S. Department of Justice (DOJ) moved over 9,800 Bitcoin worth around $300 million to unused addresses in a flurry of transactions on July 12, according to data fromBlockchain.com. The move likely exerted further pressure on the token — as has been the case with other large transfers in thepast.\nIn 2021, the DOJseizedaround 50,000 Bitcoins stolen from the Silk Road darknet marketplace. It is unclear if Wednesday’s transferral between wallets will lead to the U.S. government selling the seized Bitcoin.\nEther dipped 0.43% to US$1,870, losing 2.15% for the week. Like Bitcoin, the token rose Wednesday night, briefly breaching the US$1,900 resistance level. However, it soon retreated back.\nMost other top 10 non-stablecoin cryptocurrencies logged losses in the past 24 hours. The exception was Tron’s TRX token, which gained 0.51% to US$0.0777 and moved up 1.05% for the week.\nAlthough the CPI data on Wednesday pointed to a slow down in the rate of U.S. inflation, it still may not change the course of the Federal Reserve’s monetary tightening policies.\nAccording to Justin d’Anethan, head of APAC business development at Belgium-based crypto market makerKeyrock, the new data conforms to expectations and is still far from the Fed’s target to bring the inflation rate to within 2%. It is therefore not enough to boost sentiment in the crypto market.\n“Core inflation data came through in the US, a piece of news that most traders were eagerly waiting for but, somehow, which didn’t generate any strong reaction,” d’Anethan said.\nOn the crypto side,\xa0 “investors just aren’t confident enough about prices to gear things down or up and would rather wait for a change of pace in macro markets and the Fed’s rate decision or some powerful crypto-focused catalysis — which just hasn’t come yet,” he added.\nPolygon’s Matic led the losers, falling 2.24% to US$0.7248, although it still registered a weekly gain of 8.25%.\nDespite the latest dip, Matic enjoyed a rally of over 15% in the past two weeks. The rise reflects investor optimism in the Polygon network’sPolygon 2.0 upgrade, which the company says will include improved network performance and a transition to “greater community governance of the protocol and treasury.”\nHowever, the token has some major losses to make up. It is still over 50% down from its 2024 peak of US$1.55 on February 18.\nThe total crypto market capitalization fell 0.71% in the past 24 hours to US$1.18 trillion, while trading volume rose 13.59% to US$31.02 billion.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nThe mainForkast 500 NFT indexdipped 0.14% in the past 24 hours to 2,702.73 as of 09:50 a.m. in Hong Kong. Forkast’s Solana and Polygon NFT market indices moved up, while Etheum’s and Cardano’s indices dropped.\nTotal NFT sales volume dropped 6.33% in the past 24 hours to US$23.06 million, according to data fromCryptoSlam. Sales volume on the Ethereum and Polygon platforms dropped, while the Bitcoin, Solana, BNB Chain and Cardano platforms recorded rises. Sales volume on the Cardano\xa0platform more than doubled in the past 24 hours.\nAmong all NFT collections, Bitcoin-based $FRAM BRC-20 NFTs topped the 24-hour sales volume. Sales of the collection rose 38.50% to US$2.13 million, larger than the combined volumes of Ethereum-based CryptoPunks and Bored Ape Yacht Club (BAYC), which ranked second and third on the list respectively.\nPolygon Technology’s NFT project Pluto announced on Wednesday that itintroduced“interoperable NFT minting” on both the Ethereum and Polygon networks.\n“(Pluto is) billed as the flagship profile picture (NFT project) on Polygon,” said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News. “(An) interesting dynamic here to watch is that minting can occur on mainnet Ethereum using ETH or USDC, or can be on Polygon using WETH or Matic. We’ll see if this brings in participants.”\nMeanwhile, Google Playannounceda policy change on Wednesday that allows the apps and games on the online store to incorporate “tokenized digital assets” such as NFTs onto their platforms.\n“This opens up a huge new opportunity for creators and projects to build, now with mobile as their backbone,” said Yehudah.\nBinance Labs, the investment arm of the world’s largest crypto exchange Binance,announcedon Thursday that it has committed $15 million to Switzerland-basedXterio. The Web3 game developer, which allows users to earn and trade using NFTs, plans to use the fund to explore artificial intelligence capabilities in its Web3 game development.\nU.S. stock futuresroseas of 11:30 a.m. in Hong Kong. All three major U.S. indexes closed higher in regular Wednesday trading, with the Nasdaq composite leading the rally with a 1.15% increase.\nInvestors received a boost from Wednesday’s U.S.CPI reportby the Labor Department. It showed that the annual inflation rate in June slowed to 3.0%. The data recorded the smallest annual increase since March 2021. The figure was lower than analyst expectations of 3.1%,Reutersreported on Thursday.\nHowever, the lower-than-expected inflation data may not sway the Federal Reserve from making another interest rate hike in July, according to Nigel Green, chief executive officer at independent financial advisorydeVere Group.\n“The central banks’ officials will argue that there is still work to be done to tame inflation and they are unlikely to be dissuaded from their course of action for the time being,” Green said in an emailed comment.\n“While we believe that the Fed will raise rates in July, there is now less justification for further hikes later this year,” Green added, as “investors are increasingly concerned that the Federal Reserve could, with further hikes, overtighten and that would steer the US economy into a major recession.”\nThe Federal Reserve meets on July 26 to discuss its next move on rates. TheCME FedWatch Toolpredicts a 92.4% chance the Fed will enact a 25-basis-point rate increase this month, and a 7.6% chance it will leave the rate unchanged at between 5% and 5.25%.\nAnalysts also expect a 12.9% chance for one more 25-basis-point rate hike in September, down from 22.3% on Wednesday. Expectations for further rate hikes in November and December also dropped.\nFollowing the gains on Wall Street, Asia’s main stock indexes traded higher on Thursday morning. China’sShanghai Composite, Hong Kong’sHang Seng, Japan’sNikkeiand South Korea’sKospiall recorded rises.\nSouth Korea’s central bank kept its interest rate unchanged for a fourth consecutive time on Thursday, as the country’s inflation eased in June, according to aBloombergreport published Thursday.\nMeanwhile in China, experts polled byReutersestimate the country’s exports shrank 9.5% year-on-year in June, an accelerated rate of decline on the previous month.\nHowever, any bearish sentiment was offset by Chinese Premier Li Qiang’s Wednesdaymeetingwith multiple heads of the country’s leading tech giants. That willingness to engage with the industry’s leaders could signal an end to the government’scrackdownon the technology sector.\n(Updates with equity section.)', 'Bitcoin dropped in Thursday morning trading in Asia to below US$30,500, as the U.S. government’s potential sale of Bitcoin seized from a Silk Road theft exerted pressure on the token. Along with Bitcoin, Ether and most other top 10 non-stablecoin cryptocurrencies also logged losses, with Polygon’s Matic leading the losers. U.S. equity futures rose after data showed that U.S. inflation slowed in June. Nonetheless, analysts ramped up their expectations for another interest rate hike in July.\nBitcoin dropped 0.81% over the last 24 hours to US$30,375 as of 07:20 a.m. in Hong Kong for a weekly loss of 0.35%. Following the release of the U.S. consumer price index (CPI), the world’s biggest cryptocurrency reached a high of US$30,959 on Wednesday night in Asia. However, it soon retreated below US$30,500, according todatafrom CoinMarketCap.\nBitcoin wallets linked to the U.S. Department of Justice (DOJ) moved over 9,800 Bitcoin worth around $300 million to unused addresses in a flurry of transactions on July 12, according to data fromBlockchain.com. The move likely exerted further pressure on the token — as has been the case with other large transfers in thepast.\nIn 2021, the DOJseizedaround 50,000 Bitcoins stolen from the Silk Road darknet marketplace. It is unclear if Wednesday’s transferral between wallets will lead to the U.S. government selling the seized Bitcoin.\nEther dipped 0.43% to US$1,870, losing 2.15% for the week. Like Bitcoin, the token rose Wednesday night, briefly breaching the US$1,900 resistance level. However, it soon retreated back.\nMost other top 10 non-stablecoin cryptocurrencies logged losses in the past 24 hours. The exception was Tron’s TRX token, which gained 0.51% to US$0.0777 and moved up 1.05% for the week.\nAlthough the CPI data on Wednesday pointed to a slow down in the rate of U.S. inflation, it still may not Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-13 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $609,125,663,150 - Hash Rate: 321592673.5118464 - Transaction Count: 375859.0 - Unique Addresses: 678891.0 Social & AI Sentiment: - Fear & Greed Index: 0.57 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Crypto companies that were partnered with Prime Trust are clearing the air about the safety of customers’ assets following the custodian’s failure. Some firms—many of which declare proudly that they are ‘Bitcoin only’—are in worse shape than others. “There are still many unknowns, but we intend to fight for our members that have funds locked up with Prime Trust,”tweetedCoinbits, a platform for buying, selling, and automatically saving in Bitcoin on Wednesday. Prime Trust was placed into receivership on Tuesday by the Nevada Financial Institutions Division due to years-long financial issues that were recently brought to light. Between losing old private keys and misappropriating user assets, the State’sfilingindicated that Prime Trust is over $82 million in the hole from fiat liabilities. While the company claimed to have a nearly solvent $68 million in digital assets to cover client’s crypto deposits, analysis byArkham Intelligenceindicates that the vast majority of these funds are held in an illiquid token called ‘AUDIO’. Only $7.5 million are held in Bitcoin. Nevertheless, Coinbits said Prime Trust “still has enough bitcoin to honor our members’ balances,” and plans to move towards a “no-custody solution” in the future. As of writing, most of the app’s service remains offline. Prime Trust Partner Banq Files for Bankruptcy Following BitGo Deal Meanwhile, Swan Bitcoin, another Bitcoin financial services company, is under fire from Bitcoiners after rapidly withdrawing all assets from Prime Trust weeks in advance of the custodian’s fallout. All Swan clients’ assets now rest with Fortress, a crypto custodian that happens to be led by Scott Purcell, the same CEO that led Prime Trust until January 2021. Before moving to Fortress, Purcell was CEO of Prime Trust partner Banq, which recently filed for bankruptcy due to mismanagement under his service,allegedthe company earlier this month. Many suspect that companies like Swan may be subject to clawbacks during Prime Trust’s bankruptcy process, despite withdrawing before its collapse. However, Swan CEO Cory Klippstenclaimsthat wouldn’t be possible due to “a century of trust legal structure precedent.”“If there were somehow going to be clawbacks (illegal, and contra a century of precedent), Swan would just make our users whole,” added Klippsten. FTX Restructuring Team Has Clawed Back $5B in Lost Assets Klippsten denied that Swan knew Prime Trust was insolvent before withdrawing, saying that the firm had been preparing to migrate away from the custodian for 9 months. Much like Swan, Bitcoin lightning wallet Strike narrowly escaped Prime Trust with users’ assets intact. However, rather than choosing a new custodian, the firmdecidedto take asset custody in house, unlocking some new features for users. When asked why Swan didn’t pursue a similar approach to Strike, Klippsten toldDecryptthat he suspects this approach will invite regulatory problems.“I don't think having the ledger/custody on the broker side is the answer because I expect regulations soon forcing the separation of brokerage and custody, which is required for the rest of the financial industry and is the best legal setup for users,” wrote Klippsten via DM.In terms of choices for custodians, the CEO said there are few options for “legally segregated, bankruptcy remote” trust accounts for individual users. “Prime Trust plus Fireblocks dominated for 3-4 years, and now all the fintechs have moved to Fortress plus BitGo,” he said. BitGo originally planned to acquire Prime Trust earlier this month, but laterbacked outof the deal.... - Reddit Posts (Sample): [['u/PRFinklemeister', 'Loan your Bitcoin and live tax free on debt?', 18, '2023-07-13 13:13', 'https://www.reddit.com/r/Bitcoin/comments/14yhyg2/loan_your_bitcoin_and_live_tax_free_on_debt/', 'So many ppl say they will do this but there are problems...\n\n* giving up custody of your coins is a recipe for disaster.\n\n* if btc does not appreciate aggressively this does not work. \n\nHow do people think this will be a good strategy?', 'https://www.reddit.com/r/Bitcoin/comments/14yhyg2/loan_your_bitcoin_and_live_tax_free_on_debt/', '14yhyg2', [['u/Halo22B', 17, '2023-07-13 13:24', 'https://www.reddit.com/r/Bitcoin/comments/14yhyg2/loan_your_bitcoin_and_live_tax_free_on_debt/jrsfviw/', '"good... bad" these are subjective terms. Each person has a unique situation. Taking out a Bitcoin backed loan could be a useful strategy to obtain assets (including income producing ones) for certain Bitcoiners....is it for everyone? Of course not. Is there risk? Obviously yes? Is it worth it? Only the individual can make that choice.', '14yhyg2']]], ['u/Andyham', 'Name 3 coins you have faith in for the next bull market', 28, '2023-07-13 13:44', 'https://www.reddit.com/r/CryptoCurrency/comments/14yilsa/name_3_coins_you_have_faith_in_for_the_next_bull/', 'In 2020 it was mostly DEFI and layer2 ETH competition got the attention, until meme coins and rug coin got all the headlines, before the entire market inevitabely came to a halt.\n\nWhat do you think will be the trend this time around (whenever the next bull market is in full swing, be that in 1 week or 2 years from now.\n\nAre you bullish on any of the popular coins from last time around? ADA, SOL, DOT? Still clinging to XLM, XTZ, VET? Any newcomers that will take the market with storm?\n\nThrow me your 3 best bets. Could be solid safe coins in top20 that will outperform BTC/ETH, or riskier outside of top 100 coins that will make Bitcoins inevitable 2x/3x from ATH look like a joke.', 'https://www.reddit.com/r/CryptoCurrency/comments/14yilsa/name_3_coins_you_have_faith_in_for_the_next_bull/', '14yilsa', [['u/liveaskings', 13, '2023-07-13 13:51', 'https://www.reddit.com/r/CryptoCurrency/comments/14yilsa/name_3_coins_you_have_faith_in_for_the_next_bull/jrsim23/', "Matic and Loopring for L2's as we will need more and more growth and then Quant.", '14yilsa'], ['u/liveaskings', 12, '2023-07-13 13:53', 'https://www.reddit.com/r/CryptoCurrency/comments/14yilsa/name_3_coins_you_have_faith_in_for_the_next_bull/jrsisgw/', 'BTC, BTC, BTC. The only sure thing.', '14yilsa']]], ['u/Lord-Nagafen', 'Crypto in the new Mission Impossible movie', 18, '2023-07-13 16:54', 'https://www.reddit.com/r/CryptoCurrency/comments/14yn0yh/crypto_in_the_new_mission_impossible_movie/', 'No major spoilers… Mission Impossible has jumped on the AI and crypto bandwagon. Crypto payment is held on a drive and it is referenced throughout the movie. Not as Bitcoin or Ethereum but just generically as crypto. There is also a strange scene where they are “Decrypting Blockchain” with a loading bar which mostly seemed to be for dramatic effect. According to the article linked below “Tom has trained with a crypto bro for weeks to get his terminology absolutely perfect.” \n\nWhat do you guys think about crypto popping up in movies? Seems to be the payment system for “criminals” and not casual usage. Still it helps keep crypto relevant and in the public lexicon. \n\n\nhttps://waterfordwhispersnews.com/2022/01/31/tom-cruise-to-explain-nfts-in-most-daring-mission-impossible-stunt-yet/', 'https://www.reddit.com/r/CryptoCurrency/comments/14yn0yh/crypto_in_the_new_mission_impossible_movie/', '14yn0yh', [['u/Kappatalizable', 13, '2023-07-13 16:56', 'https://www.reddit.com/r/CryptoCurrency/comments/14yn0yh/crypto_in_the_new_mission_impossible_movie/jrt6hzq/', 'What the Mission? Making profits?', '14yn0yh']]], ['u/TarkovRedditor', 'Alt Coin Rally on Security News', 61, '2023-07-13 18:02', 'https://www.reddit.com/r/CryptoCurrency/comments/14yor7u/alt_coin_rally_on_security_news/', 'All started with the headlines that dropped:\n\n" Ripple Sales of XRP Do Not Constitute Offer of Investment Contracts: Judge "\n\n" Ripple wins verdict that XRP is not a security, and judge also rules that institutional sales of XRP by Ripple were securities" per bloomberg\n\nThe document: [Link](https://storage.courtlistener.com/recap/gov.uscourts.nysd.551082/gov.uscourts.nysd.551082.874.0.pdf)\n\nhttps://preview.redd.it/oqakgb6d7rbb1.png?width=927&format=png&auto=webp&s=f9c8f5997ccc7137965e4ddd94937cc4b4c4070f\n\n# XRP rallied over +36% within Minutes\n\nhttps://preview.redd.it/lkqors6v7rbb1.png?width=2508&format=png&auto=webp&s=2a76a7deb506acb9645d0621e931c3b134db854b\n\nThe response & investor confidence is pretty clear taking a lookt at the chart. XRP pretty much blew up within minutes, rallying 36%, tons of traders jumping in almost doubling the amount of open trades globally. The market cap jumped from 25Bn to 32Bn.\n\nBut not just XRP caught a rally on the news\n\nBTC ripped through 31k liquidating millions of USD in shorts\n\nhttps://preview.redd.it/jlqutatt8rbb1.png?width=2560&format=png&auto=webp&s=abf6b8fa4706d16443ff8cee6ae978144257fba3\n\n# ADA jumped over +7%\n\nhttps://preview.redd.it/mhehgeyf8rbb1.png?width=2498&format=png&auto=webp&s=8ed23b625d1f50c2cecfd2c6dd87f32ad9e3b76d\n\n# MATIC over +8%\n\nhttps://preview.redd.it/gqnptz8k8rbb1.png?width=2501&format=png&auto=webp&s=e16cb305aaebc79f27c1a8d2d73880d932dfed74\n\n# SOLANA almost +15%\n\nhttps://preview.redd.it/p1jqauro8rbb1.png?width=2501&format=png&auto=webp&s=7fdfca286bc2cc565c80bc1f51ff58e0fd610fcc\n\n\n\n50 Million USD n shorts got liquidated within minutes\n\nhttps://preview.redd.it/a5whun049rbb1.png?width=786&format=png&auto=webp&s=bf2786d4c16dc4a66c47709f7d269b048b808eed\n\nAn important part of the paper is "The Southern District of New York concluded that Ripple’s Programmatic Sales and Other Distributions of XRP did not constitute the offer and sale of investment contracts. But Ripple’s Institutional Sales of XRP constituted the unregistered offer and sale of investment contracts in violation of Section 5 of the Securities Act"\n\n\n\nhttps://preview.redd.it/oes8x3ud9rbb1.png?width=733&format=png&auto=webp&s=52075aa2b6b358c1b7aaff39feb0b333614bdde7\n\n( The document: [Link](https://storage.courtlistener.com/recap/gov.uscourts.nysd.551082/gov.uscourts.nysd.551082.874.0.pdf) )\n\nReading through the document it\'s important to mention that this is NOT what the judge ruled, and the case is still going to trial, where that will still be up for debate.\n\nIt\'s important to keep in mind that XRP DID NOT WIN. This is a great step forward it but nothing set yet. I try to make it clear but please do not make any financial decisions without reading through the document or based on people spamming made up headlines on social media.', 'https://www.reddit.com/r/CryptoCurrency/comments/14yor7u/alt_coin_rally_on_security_news/', '14yor7u', [['u/ChemicalGreek', 67, '2023-07-13 18:04', 'https://www.reddit.com/r/CryptoCurrency/comments/14yor7u/alt_coin_rally_on_security_news/jrtgfwq/', 'This news is very good for alt coins that had been labeled as security by the SEC! They can basically refer to this law suit in theirs…', '14yor7u'], ['u/niwaniwan', 16, '2023-07-13 18:04', 'https://www.reddit.com/r/CryptoCurrency/comments/14yor7u/alt_coin_rally_on_security_news/jrtghwb/', 'We won, we fucking won lads. Whiskey is on me! We no longer have to wait for 2069 for the lawsuit to end with our grandchildren thinking we got heavy PTSD.', '14yor7u'], ['u/_s79', 16, '2023-07-13 18:05', 'https://www.reddit.com/r/CryptoCurrency/comments/14yor7u/alt_coin_rally_on_security_news/jrtgl9l/', 'Todays the day the bull run started.', '14yor7u'], ['u/TarkovRedditor', 17, '2023-07-13 18:21', 'https://www.reddit.com/r/CryptoCurrency/comments/14yor7u/alt_coin_rally_on_security_news/jrtiwmx/', 'It\'s important to remember that although it\'s a step into the right direction for transparency this isn\'t a "alt coins aren\'t a security" news ( yet? ) . XRP will still go to trial and the results are not 100% here ( yet ? )', '14yor7u']]], ['u/LisHere321', 'This is a glorious day for crypto which opens up for a BULLRUN!!!', 29, '2023-07-13 20:27', 'https://www.reddit.com/r/CryptoCurrency/comments/14ysg9z/this_is_a_glorious_day_for_crypto_which_opens_up/', '"XRP is not a security" this is not just bullish for XRP, this is bullish also bullish for almost all crypto which the SEC was sueing!\n\nThis landmark case will unleash a true crypto bullrun...maybe not immediately, but next year when the halving event is going to happen.\n\nThis bullrun will be very huge!!!\n\nMASSIVE MONEY INFLOW from everywhere:\n\n- big institutions! BlackROCK as biggest asset manager to join crypto\n\n- BlackROCK will buy the BTC from Coinbase (COINbase stock will rise a lot, too)\n\n- media starts to see crypto more positive (or at least less negative), so more new retail will come to crypto\n\n- SEC will be losing (almost) all their other cases, each lost will pump every coin, yes...every coin will pump!\n\nThe next bullrun (whenever it will start) will be so incredibly huge, it\'s just beyond our imagination. Those who invest just even a little into crypto will make massive gains. Don\'t forget to take profits by then.\n\nCongratulations to anyone who stood steadfast during this longest bear market. You will be very wealthy.', 'https://www.reddit.com/r/CryptoCurrency/comments/14ysg9z/this_is_a_glorious_day_for_crypto_which_opens_up/', '14ysg9z', [['u/StonedRex', 31, '2023-07-13 20:28', 'https://www.reddit.com/r/CryptoCurrency/comments/14ysg9z/this_is_a_glorious_day_for_crypto_which_opens_up/jru2av0/', 'People will FOMO like crazy now.', '14ysg9z'], ['u/Florian995', 28, '2023-07-13 20:35', 'https://www.reddit.com/r/CryptoCurrency/comments/14ysg9z/this_is_a_glorious_day_for_crypto_which_opens_up/jru3... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to 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 surged on Friday morning in Asia to breach the US$31,000 resistance level, after Ripple Labs achieved apartial victoryin its three-year lawsuit against the U.S. Securities and Exchange Commission (SEC). The regulator\xa0 accused Ripple of offering XRP as an unregistered security. Along with Bitcoin, Ether and all other top 10 non-stablecoin cryptocurrencies logged considerable gains, with XRP spearheading the rally with a rise of over 70%. U.S. equity futures traded flat in the Asia time zone on Friday as investors await earnings reports from major U.S. banks. Thursday’s U.S. producer price index (PPI) has added to a sense that inflation is slowing in the country.\nBitcoin climbed 3.45% over the last 24 hours to US$31,463 as of 07:50 a.m. in Hong Kong for a weekly gain of 4.93%, according todatafrom CoinMarketCap. The world’s largest cryptocurrency reached a high of US$31,814 early Friday morning, the highest price since June 2022.\nIn asummary judgementon Thursday,\xa0 New York Southern District Court Judge Analisa Torres ruled that Ripple’s programmatic sales of the XRP token on public exchanges do not constitute securities, marking a partial victory for Ripple with the SEC. The regulator firstsuedthe San Francisco-based financial technology firm on the grounds that XRP constitutes a security in 2020.\nThe verdict came with a critical caveat, however.\xa0 The court ruled that Ripple’s XRP sales to institutional investors did violate securities laws.\nNonetheless, Ripple’s Chief Executive Officer Stuart Alderoty called the judgement “a huge win” in a Fridaytweet.\nAlderoty said that “the only thing the Court found constitutes an investment contract is past direct XRP sales to institutional clients.” Those transactions will now be subject to\xa0further court proceedings.\nDespite the overall optimism in the crypto community evidenced by the upswing in the market, there are also a number of industry voices sounding a note of caution.\nIn an emailed comment, CoinShares’ Head of Product Townsend Lansing said that the aspect of the ruling that identifies Ripple’s sales to institutional customers as a violation of\xa0securities law\xa0marks “a considerable victory for the SEC.”\nThe ruling will now set a precedent for legal action against other cryptocurrencies by regulators, he said.\n“It is important to note that institutional investors who purchased directly from Ripple may find themselves subject to class-action litigation as potential underwriters,” Lansing added. “This is an area to watch closely, especially if big-name venture capitalists were involved.”\nBut, while some sense of jeopardy remained for those involved, Justin d’Anethan, head of APAC business development at Belgium-based crypto market makerKeyrock, believes that the ruling had at least “shook investors in the best of ways.”\nElsewhere, Europe’s first Bitcoin exchange-traded fund (ETF) is set for a public listing this month. That follows a 12-month delay from the initially planned date, the Financial Timesreportedon Thursday.\nExperts have identified the listing as another potential catalyst for the crypto market.\n“With the talks of ETFs in the background, the idea that we could see products tracking many cryptocurrencies is not implausible and traders are naturally positioning themselves accordingly,” said Keyrock’s d’Anethan.\nLike Bitcoin, Ether surged 6.99% to US$2,004, moving up 7.69% for the week. The token is trading above US$2,000 for the first time since April.\nBoosted by the ruling on the SEC-Ripple case, all other top 10 non-stablecoin cryptocurrencies rose in the past 24 hours. Cardano’s ADA, Solana’s SOL and Polygon’s MATIC each logged two-digit gains.\nXRP, subject of the SEC’s lawsuit against issuer Ripple, jumped 72.75% to US$0.8142 and added 74.89% for the week. In doing so, it replaced Binance’s BNB as the third largest non-stablecoin cryptocurrency by market cap.\nThe total crypto market capitalization rose 6.19% in the past 24 hours to US$1.26 trillion, while trading volume jumped 95.72% to US$60.3 billion.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nThe mainForkast 500 NFT indexedged up 0.14% in the past 24 hours to 2,699.39 as of 09:55 a.m. in Hong Kong. Forkast’s Solana and Cardano NFT market indices also moved higher, while the Etheum and Polygon indices dropped.\nDespite the overnight rise in cryptocurrency prices associated with the Ripple ruling, total NFT sales volume dipped 1.72% in the past 24 hours to US$24.45 million, according to data fromCryptoSlam.\nAmong all NFT collections, Bitcoin-based $FRAM BRC-20 NFTs topped the 24-hour sales volume, edging up 0.31% to US$2.14 million. In doing so, it recorded over two thirds of the total volume on the Bitcoin network. Ethereum-based collections Bored Ape Yacht Club (BAYC) and the Captainz ranked second and third respectively.\nBAYC #1734, part of the BAYC collection, topped collectible sales in the past 24 hours. It was sold at 600 Ether (US$1.2 million) early Friday. As exciting as this big sale is, BAYC #1734 was previouslysoldat 800 Ether in January 2022.\n“This grail Bored Ape was sold at a huge loss, but the takeaway is that there is still a market for very high-priced NFTs, even in a bear market,” said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News.\nAs the bear market continues, Dapper Labs, the developer of hit NFT collections such asCryptoKittiesandNBA Top Shot,\xa0 announced thelayoffof 51 staff on Thursday — roughly 12% of its workforce.\n“The decision was incredibly difficult” but necessary to “ensure a lean and efficient” company, said Dapper Labs Chief Executive Officer Roham Gharegozlou in a letter to employees. It is the third round of layoffs at the company in the past 12 months. Those layoffs saw its workforce cut by22%in November 2022 and by a further20%in February this year.\nCool Cats Group, the Web3 company behind NFT collection Cool Cats,announceda partnership with game developer nWayPlay,\xa0 a subsidiary of Hong Kong-based software and investment giant Animoca Brands. Together, the two companies will develop a Web3 game set to be released between late 2023 and early 2024.\nU.S. stock futurestradedflat as of 11:50 a.m. in Hong Kong.\xa0 All three major U.S. indexes closed higher in regular Thursday trading, with the Nasdaq leading the gains with a 1.58% rise.\nThe U.S.producer price index(PPI) released Thursday recorded a 0.1% year-on-year rise for the month of June, down from 0.9% in May. The June figure is the smallest increase since August 2020.\nThe data is also well below analystexpectationsof a 0.4% annual increase in PPI. Combined with weakconsumer price indexdata released on Wednesday, the data points to a slowdown in U.S. inflation.\n“The better-than-expected inflation figures for June 2023 would suggest that policy is working to ease price pressures as higher interest rates reduce demand. Key payroll figures announced in early July also came in below expectations with the economy generating less jobs than expected in June,” said Keith Wade, chief economist & strategist at asset managementSchroders.\nHowever, given lingering inflation worries, Wade still expects the Federal Reserve to make another interest rate hike in July. The tight labor market and the potential for a reversal in the Fed’s monetary policy could, Wade said, trigger a rally in the bond market that would “loosen financial conditions.”\n“Given the efforts the Fed has made to convince markets they were serious about inflation and not about to pivot, this would seem to be too early,” said Wade.\nFederal Reserve Governor Christopher Waller said in a Thursdayspeechthat the Fed would need to “keep policy restrictive for some time” in order to reduce inflation below its 2% target. He said that he anticipates two more rate hikes by the end of the year.\n“I am more confident that the banking turmoil is not going to result in a significant problem for the economy, and I see no reason why the first of those two hikes should not occur at our meeting later this month,” said Waller.\nMeanwhile, a Wednesdayreportby financial comparison service company Bankrate showed that economists believe there is a 59% chance the U.S. economy will enter a recession inside the next twelve months. The report cited concern about the long-term economic impact of this year’s extended series of rate hikes.\nThe 59% figure is, however, a decrease on the64%chance given in April, and the lowest level in the past 12 months.\nThe Federal Reserve meets on July 26 to discuss its next move on rates, which now sit between 5% and 5.25%. TheCME FedWatch Toolpredicts a 92.4% chance the Fed will enact a 25-basis-point rate increase this month, and a 7.6% chance it will leave the rate unchanged.\nInvestors are now awaiting the release of second-quarter earnings reports from major financial institutions on Friday. The releases will include reports from JPMorgan Chase, Wells Fargo, Citigroup, BlackRock and more.\nElsewhere, main stock indexes across Asia traded higher on Friday morning. China’sShanghai Composite, Hong Kong’sHang Seng, Japan’sNikkeiand South Korea’sKospiall posted rises as of 12:30 p.m. in Hong Kong.\n(Updates with equity section.)', 'Bitcoin surged on Friday morning in Asia to breach the US$31,000 resistance level, after Ripple Labs achieved apartial victoryin its three-year lawsuit against the U.S. Securities and Exchange Commission (SEC). The regulator\xa0 accused Ripple of offering XRP as an unregistered security. Along with Bitcoin, Ether and all other top 10 non-stablecoin cryptocurrencies logged considerable gains, with XRP spearheading the rally with a rise of over 70%. U.S. equity futures traded flat in the Asia time zone on Friday as investors await earnings reports from major U.S. banks. Thursday’s U.S. producer pric Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-14 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $609,125,663,150 - Hash Rate: 321592673.5118464 - Transaction Count: 375859.0 - Unique Addresses: 678891.0 Social & AI Sentiment: - Fear & Greed Index: 0.60 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Francis X. Suarez, mayor of Miami, has filed to run for U.S. President. Known as the "Bitcoin Mayor," Suarez has previously said he wants Miami to be aglobal crypto hub, personallyinvesting in cryptoin the wake of the passage of the$1.9 trillion stimulus bill, and pushed to receive his government paycheck and 401k benefit plandenominated in Bitcoin. Suarezfiledas a Republican candidate today with the Federal Elections Commission, meaning he will be challenging former President Donald Trump for his party's nomination. Suarez joins a growing list of Republican presidential hopefuls looking to court the Bitcoin vote. Florida Governor and candidate for the GOP nominationRon DeSantisannounced that the state would accept Bitcoin as payment from businesses for state taxes last year, although the announcement did not include individuals. Desantis also signed a billbanningCentral Bank Digital Currency orCBDCin Florida in May. Ron DeSantis Tells Elon Musk Bitcoin Will Die If Joe Biden Is Reelected During a TwitterSpaces conversation with then Twitter CEO Elon Musk, DeSantis said the future of Bitcoin depended on currentU.S. President Joe Bidennot being reelected. “The current regime, clearly, they have it out for Bitcoin,” DeSantis said. “And if it continues for another four years, they’ll probably end up killing it.” Another Republican candidate seeking the Bitcoin vote is entrepreneur Vivek Ramaswamy, who, during the 2023 Bitcoin Conference, said Bitcoin should not be regulated as a security. But Republicans are not the only ones putting Bitcoin on their platform. Candidate for the Democratic Party presidential nomination Robert F. Kennedy, Jr. also appeared at the Bitcoin Conference to show his support for the digital asset, vowing to defend Bitcoin against “invasive surveillance.” "As President," Kennedy said, "I will make sure that your right to hold and use Bitcoin is inviolable, [and] I will defend the right of self-custody." Long-time Bitcoin advocate and former Twitter CEOJack Dorseyrecently came out in support of Kennedy, sharing a video of Kennedy saying that he can beat former President Donald Trump and Governor DeSantis with the comment, "He can and will."... - Reddit Posts (Sample): [['u/iaco56', '70% of my net worth is in crypto, anyone else?', 273, '2023-07-14 15:41', 'https://www.reddit.com/r/CryptoCurrency/comments/14zgsru/70_of_my_net_worth_is_in_crypto_anyone_else/', 'Hey friends, was curious if you think this is a good idea or a bad idea? Would love to hear your thoughts or suggestions or if you do something similar. I’m 27 so I figured I can withstand the risk of the crypto asset class. I’d love to DCA more but my income is strictly commission based so it’s hard to buy more in this tight economy currently. I’m planning on crypto being my ticket in the future aka get rich or die trying lol. \n\nHere’s the breakdown. \n70% in crypto. 52% Btc, 35% Eth, 10% Link, 3% other alts. \n\n15% in liquid cash for mortgage and bills etc.\n\n15% in stocks. IVV, ING, GBTC \n\nGot in November 2017 bullrun n got wrecked. Learned from my lesson to just hodl. I wish I took profits this past bullrun n rebought but I didn’t. Do you guys plan on taking profits n rebuying this next bull run or just hodl n forget about it? I’m so torn between the decision lol. I could’ve done well in past bull run if I just took profits and rebought but I got greedy n held watching those 4x portfolio gains disappear. Basically sitting slightly in green at the moment. What’s a good strategy to implement for next bull run? Any thoughts would be appreciated!', 'https://www.reddit.com/r/CryptoCurrency/comments/14zgsru/70_of_my_net_worth_is_in_crypto_anyone_else/', '14zgsru', [['u/KadienAgia', 15, '2023-07-14 16:49', 'https://www.reddit.com/r/CryptoCurrency/comments/14zgsru/70_of_my_net_worth_is_in_crypto_anyone_else/jrxwg8v/', 'This is an absolute disaster waiting to happen FYI', '14zgsru']]]]... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Don’t look now, but the S&P is only 5% below its all-time high.\nSource: StockCharts.com\nHowever, a lot has been made about the uneven gains so far this year.\nAs we’ve pointed out here in theDigest, the Big Tech/AI trade has exploded. And given the heavy weighting of these stocks in the S&P, their gains have hoisted the returns of the broad market. This has masked the underwhelming performance of the average stock in the S&P.\nInvestorPlace - Stock Market News, Stock Advice & Trading Tips\nWell, we’re seeing the gains begin to broaden.\nWithin the S&P, the percentage of stocks now above their 50-day moving average (MA) is 84%. Even if we look at stocks trading above their longer-term 200-day MA, that percentage comes in at 73%. Both percentages are encouraging.\nMeanwhile, there’s positive momentum on the S&P’s Advance/Decline Line. For anyone less familiar, this is a breadth indicator that looks at the difference between the number of stocks rising versus those falling. It heads higher when advances exceed declines.\nAs you can see below, it’s making new all-time highs.\nSource: StockCharts.com\nFinally, there’s the New Highs/New Lows Indicator. As the name suggests, it compares the number of stocks hitting new 52-week highs to those falling to new 52-week lows.\nAs you can see, it appears we’re on the cusp of edging out the high from February.\nSource: StockCharts.com\nBottom line: The bullishness is broadening.\nYes, there’s the inverted yield curve… yes, data suggest the U.S. consumer is running on fumes … yes, elevated interest rates will continue to dry up credit… yes, the risk of a recession still lingers…\nBut here and now, stocks want to go up. So, as we’ve been saying in the Digest, trade it while the trading’s good.\nThanks to everyone who wrote in. We love getting these reader perspectives.\nWhile there were good points made for, and against, a recession, here’s one perspective I found especially interesting. Thanks to Patty B. for sharing these thoughts:\nFirst, I tend to believe the Yield Curve isn’t relevant right now simply because the Fed is manipulating Bond prices and yields in order to scare people.\nMy Blue-Collar intuition tells me the most important factors in the economy right now are inflation, interest rates, and AI. The stickiness of core CPE leads me to think we’ll see elevated rates for longer than expected. In turn, the end of ZIRP combined with AI will probably lead to a lot of Creative Destruction.\nAnd rather than a recession or a Rising Tide, we’ll see a Volatile, Zero-Sum, K-Shaped economy and market. In other word, we’ll have a boom and bust at the same time.\nThose who choose stocks wisely— and watch their stops—will prosper. Those who Buy and Hold a classic diversified portfolio will suffer. Thanks for listening.\nI believe there’s wisdom in Patty’s perspective – especially the idea of a K-shaped economy/market, which echoes our frequently-referenced idea that the market isn’t a big monolith that rises and falls in unison. Rather, it’s made up of thousands of different stocks with wildly different fortunes and fates.\nIt reminds me of what long-time Digest readers will remember as the “Technochasm.”\nTheTechnochasmwas our macro expert Eric Fry’s term to describe the stark — and expanding — wealth gap in the United States that’s, in large part, driven by technology.\nHow much wider will this chasm be with the introduction of Artificial Intelligence (AI)? And not just in the stock market, but as Patty pointed out, for the economy as well?\nTo what extent will AI eliminate certain jobs, funneling those cost savings to the small group of upper-level managers who watch their net worths explode?\nBy extension, if you invest in those companies, how much more will your net worth grow compared to investors who don’t align their portfolios with this AI-advantage?\nEarlier this spring, we highlighted an illustration of this stark Technochasm-divide with the student education company Chegg. Following a downbeat earnings report, Chegg’s CEO admitted that ChatGPT was negatively influencing its business. The stock imploded 48% in a single day and hasn’t recovered since.\nMeanwhile, take Nvidia, the poster child for AI. It has soared this spring based on astonishing demand for its AI-enabling semiconductor chips.\nHere’s a comparison of Chegg versus Nvidia since late-April. Chegg is down 50% while Nvidia is up 76%.\nAnd that cavernous expanse between them?\nThat’s the Technochasm.\nSource: StockCharts.com\nNow, yes, as we pointed out at the beginning of this Digest, we are seeing today’s bullishness widen across an increasing number of stocks. But there’s an enormous difference between investors broadening their market exposure and the sustained outperformance of a company fueled by AI-technology.\nBottom line: The Technochasm is very real and will only widen from here thanks to AI. Make sure you’re on the right side of it. To better understand exactly how to do that,check out Eric’s research video on the Technochasm right here.\nThanks again to Patty for the feedback.\nBitcoin got off to an explosive start in 2023, erupting about 85% by mid-April. This strength paved the way for some monster gains from various altcoins, such as Solana, which tacked on 160% gains by late-February.\nBut then SEC Chair/super-hawk Gary Gensler decided to attack the industry.\nHere’s our crypto expert and the editor ofUltimate Crypto, Luke Lango, with what happened – and more importantly, how the situation is playing out:\nIn late May, a major risk emerged to the boom cycle thesis when the U.S. SEC brought down the regulatory hammer and chased a few key market-makers out of the industry.\nLiquidity got crushed, and cryptos suffered.\nIn our opinion, this risk has been fully resolved, and the boom cycle is back “on.”\nOne of the bullish developments that gives Luke confidence in this assessment is the recent wave of spot Bitcoin ETF filings. One, it shows that institutional interest isn’t flagging despite Gensler’s hawkishness. Two, as Luke points it, this all but ensures a huge increase in crypto liquidity.\nBack to Luke:\nOne – if not multiple – of these ETF filings will be approved. When approved, a Bitcoin ETF will dramatically increase the amount of money flowing into the crypto industry.\nJust consider this fun fact: In its storied history, BlackRock (BLK) has filed for 550 funds.\xa0All but one of them have been approved. That’s a 99.8% success rate.\nWe like those odds.\nInevitably, one of these Bitcoin ETF filings will get approved. And when it starts trading, a ton of money will flow into it and, by extension, the whole crypto industry.\nA judge in the Southern District of New York ruled that the altcoin Ripple (XRP) is “not necessarily a security on its face.”\nThis is a major win for the crypto sector in the face of Gensler’s recent attacks.\nHere’s how Chris Martin, head of research at the crypto shop Amberdata puts it:\nBy judging that XRP is not a security we’re starting to get clarity on what constitutes a security and what constitutes a commodity — the SEC will have to revise their tactics on several of their ongoing cases and I expect that this judgment will implicate several other tokens as non-securities.\nThe immediate impact is we saw a price breakout in bitcoin last night as the crypto pushed north through $31,000.\nWhen we look at its chart here in 2023, we saw an ascending triangle pattern, and it appears it’s trying to break out after consolidating all spring.\nSource: StockCharts.com\nGiven that bitcoin’s market performance continues to lead the way for the rest of the sector, if this breakout continues, Luke believes we’ll see broadening bullishness from top-tier altcoins. And this has him looking to add new coins to his portfolio in preparation.\nBottom line: If it’s been a while since you’ve thought about crypto, give it a fresh look as the sector appears poised for a new leg higher. And to join Luke inUltimate Cryptoto learn which altcoins he’s adding to the portfolio,click here.\nHere’s Luke to take us out:\nWe have re-strengthened conviction in our Fourth Crypto Boom Cycle thesis, and as a result, we are\xa0preparing to go on a crypto shopping spree very soon.\nWe have previously discussed the various reasons this looks and feels a lot like the start of a new boom cycle for cryptos, including the depth and length of the previous bear market crash, the price action on the breakout, the price of BTC relative to key on-chain metrics, the halving event in early 2024, and more.\nAll the dots have connected, if you will, in a manner that suggests this is the start of a multi-year bull run in cryptos…\nThe fundamental and technical outlook for the crypto markets has become increasingly bullish.\nIt’s time to buy.\nHave a good evening,\nJeff Remsburg\n• ChatGPT IPO Could Shock the World, Make This Move Before the Announcement\n• Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.\n• The $1 Investment You MUST Take Advantage of Right Now\n• The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors\nThe postWeâ\x80\x99re Not Far from All-Time Highsappeared first onInvestorPlace.', "Lucas Jackson/Reuters US stocks were mixed on Friday but closed higher for the week as investors cheered a cooler June inflation report. Second-quarter earnings kicked off on Friday with JPMorgan, Wells Fargo, and BlackRock all beating analyst estimates. Investors are expecting the latest earnings season to represent a trough for corporate profits. US stocks were mixed on Friday but traded solidly higher for the week as investors got their first taste of second-quarter earnings results and cheered an upbeat June inflation report. The S&P 500 rose 2.5% for the week while the tech-heavy Nasdaq 100 jumped more than 3%. The cooler June CPI report recalibrated futures expectations, with investors now pricing in just one more interest rate hike from the Federa Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-15 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $589,354,741,075 - Hash Rate: 369831574.5386234 - Transaction Count: 484980.0 - Unique Addresses: 732135.0 Social & AI Sentiment: - Fear & Greed Index: 0.56 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin rose on Wednesday morning in Asia as all top 10 cryptocurrencies traded higher after strong gains on Wall Street amid signs the U.S. economy is in stronger shape than expected. Additionally, more traditional financial institutions are venturing into the U.S. digital asset industry, with asset manager Fidelity reportedly preparing for a spot Bitcoin exchange-traded fund (ETF) application. All top 10 cryptos rise Bitcoin climbed 1.3% to US$30,606 over the last 24 hours to 7:10 a.m. in Hong Kong, according to data from CoinMarketCap. The world’s largest cryptocurrency by market capitalization is up 8.51% over the past seven days. Ether rose 1.63% to US$1,887 for a gain of 5.61% for the week. All top 10 non-stablecoin cryptocurrencies traded higher, with Polygon leading the gains on a 3.26% jump and a 5.96% weekly gain. Fidelity is close to filing an application for a spot Bitcoin ETF in the U.S., The Block news site reported on Tuesday, citing a source familiar with the matter. This follows a wave of U.S. spot Bitcoin ETF applications submitted by asset managers this month, including BlackRock , WisdomTree , Invesco and Bitwise, indicating institutions are confident in the profit potential in digital assets. However, all the applications will need approval from the Securities and Exchange Commission and Fidelity’s previous attempt to offer a spot Bitcoin ETF in the U.S. in 2021 was rejected. It did however launch the Fidelity Advantage Bitcoin ETF in Toronto, Canada, in December 2021. The ETF has risen 75% since the beginning of this year. Investors are also reacting to reports HSBC, one of the world’s top 10 banks, is reportedly offering Bitcoin and Ether futures ETFs on its investment platform for bank customers in Hong Kong. HSBC did not respond to requests seeking clarification on exactly when the products became available to clients as they were listed on the Hong Kong stock exchange in December. However, the development is seen as significant as the bank has traditionally been frosty toward cryptocurrencies, preventing clients from transferring funds from HSBC accounts directly to crypto exchanges. Story continues “Although these crypto ETFs [in Hong Kong] are based on CME futures and are not physically backed like many of the [exchange traded products] in Europe, this is certainly very positive news for investors in the region who want to get regulated exposure to price movements in Bitcoin and Ethereum,” Bradley Duke, co-CEO at Europe-based ETC Group, said in an emailed statement. The total cryptocurrency market cap rose 1.21% to US$1.19 trillion, with trading volume dropping 8.08% to US$35.49 billion, according to CoinMarketCap data. Azuki Elementals NFTs take off The indexes are proxy measures of the performance of the global NFT market. They are managed by CryptoSlam , a sister company of Forkast.News under the Forkast.Labs umbrella. In the non-fungible token (NFT) market, the Forkast 500 NFT index dipped 0.79% to 2,876.23 in the 24 hours to 8:30 a.m. in Hong Kong. The index is down 0.72% for the week. The decline was mainly driven by the Forkast ETH NFT Composite, which fell 1.54%, said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News. “This may reflect traders selling their existing assets to buy the new Azuki Elementals collection,” Petscher added. “It also reflects a major sell-off in the main Azuki and Beanz collections, as traders had been buying those in order to have a shot at the [Elementals] presale [on Tuesday].” NFT trading volume on Ethereum jumped 307% to US$67.19 million over the past 24 hours, while volume on the Bitcoin network fell 81.61% to US$1.56 million, according to CryptoSlam data . “As expected, Azuki exploded and gave Ethereum its biggest day of sales volume of the year,” Petscher said, adding that with wash trades removed, it should be the most sales since May 2022 when Otherdeeds NFTs were minted. Notably, CryptoSlam’s top four collections by trading volume are all Azuki-related collections. The new Azuki Elemental Beans collection saw total transactions of about US$36.36 million with the new Azuki Elementals recording US$4.87 million. “It’s worth noting that these big volume days may be healthy, but big mints also extract liquidity from the ecosystem,” Petscher said Tuesday on Twitter. “Will we see some big secondary sales that then flow back into existing projects or will this be another cycle of liquidity being extracted?” Asia stocks mixed, China industrial profits sink Chinese Premier Li Qiang. Image: Getty Images Asia equity markets were mixed on Wednesday morning following Wall Street’s overnight rally mainly driven by rebounding home sales and strengthened consumer confidence . However, U.S. stock futures edged lower as of 10:50 a.m. in Hong Kong. Dow Jones Industrial Average futures dipped 0.04%, S&P 500 futures slipped 0.16%, and Nasdaq Futures dropped 0.36%. In China, profits at industrial firms sank 18.8% in the first five months of this year, on the back of a slowing post-Covid economic recovery, according to official data released Wednesday. Premier Li Qiang said at the so-called Summer Davos Forum on Tuesday in China that the country was still on track to hit its annual growth target of around 5%. “GDP grew by 4.5% in the first quarter year-on-year, and is expected to expand faster in the second quarter than in the first,” Li said. Elsewhere in the region, South Korea’s consumer sentiment index climbed in June to beat expectations and reach the highest since May last year. In Australia inflation eased more than expected in May. Its monthly consumer price indicator rose 5.6% in the 12 months to May, the smallest increase since April 2022, the Australian Bureau of Statistics (ABS) data showed Wednesday “While prices have kept rising for most goods and services, many increases were smaller than we have seen in recent months,” Michelle Marquardt, head of prices statistics at the ABS, said in a Wednesday statement . While the economic indicators out of the U.S. this week showed the economy is holding up despite inflation and higher interest rates, investors will hear more from Federal Reserve Chairman Jerome Powell when he speaks at events in Europe. Last week he said there may be more rate increases this year in the U.S. Powell will speak at the European Central Bank Forum in Sintra, Portugal, on Wednesday and again on Thursday at the Banco de España Fourth Conference on Financial Stability in Madrid, Spain. U.S. interest rates are now between 5% and 5.25%, the highest since 2006. The CME FedWatch Tool predicts a 76.9% chance for another 25-basis-point rate hike, and a 23.1% chance the Fed will leave rates unchanged at the next meeting on July 26. (Updates to add South Korea data in equities section.)... - Reddit Posts (Sample): [['u/karmassacre', "I've never met a single person who understood bitcoin that didn't support it", 537, '2023-07-15 13:50', 'https://www.reddit.com/r/Bitcoin/comments/150a1e8/ive_never_met_a_single_person_who_understood/', "That's it. That's the post.", 'https://www.reddit.com/r/Bitcoin/comments/150a1e8/ive_never_met_a_single_person_who_understood/', '150a1e8', [['u/konokonohamaru', 86, '2023-07-15 14:25', 'https://www.reddit.com/r/Bitcoin/comments/150a1e8/ive_never_met_a_single_person_who_understood/js23y3d/', "I never met someone who understands and hates it. But I have met people who understand it and yet are still skeptical. For the most part, it's because they don't think the fiat system is that bad. They are all people who have done very well for themselves financially. Unsurprising then that they don't think the current system needs fixing.", '150a1e8'], ['u/IAmBullsaw', 20, '2023-07-15 16:21', 'https://www.reddit.com/r/Bitcoin/comments/150a1e8/ive_never_met_a_single_person_who_understood/js2hbqx/', "Yeah Im sure it's great, I'll join as soon as I'm able. Still, some bitcoiners are too weird for my taste, I'm probably one of them hah, but I'd love to talk Bitcoin irl without just hearing my partner complain that I talk too much and she's not interested.", '150a1e8']]]]... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["\x91I didn\x92t see the warning signs\x92: This retired San Antonio man says his wife was scammed by a \x91romantic interest\x92 online \x97 and he\x92s willing to pay up. Here\x92s what Dave Ramsey told him After a retired San Antonio man found out his wife had been the victim of an online fraudster, the news went from bad to worse: She willingly gave her money away to a \x93romantic interest.\x94 Now she\x92s on the hook for loans and credit card payments \x97 to the tune of about $50,000 \x97 at a time when the couple should be enjoying their golden years. Don't miss Commercial real estate has outperformed the S&P 500 over 25 years. Here's how to diversify your portfolio without the headache of being a landlord This janitor in Vermont built an $8M fortune without anyone around him knowing. Here are the 2 simple techniques that made Ronald Read rich \x97 and can do the same for you Millions of Americans are in massive debt in the face of rising rates. Here's how to get your head above water ASAP His wife sent small amounts of cash to a fraudster posing as a romantic interest via credit cards and gift cards, totaling between $9,000 and $10,000. But she was also manipulated into taking out two installment loans for $23,500 and $17,500. \x93I have a bunch of people tell me, \x91I would divorce her,\x92 but I\x92m not going to throw away 25 years (of marriage),\x94 the husband told best-selling author and personal finance expert Dave Ramsey on an episode of The Ramsey Show . Instead, they\x92re going to couples therapy, and the husband is making a \x93concerted effort to get this thing turned around financially and emotionally.\x94 Moving forward after a romance scam Romance scams are surprisingly common: In 2022, some 70,000 people reported they were a victim of a romance scam, according to the Federal Trade Commission, with reported losses totalling $1.3 billion. And those numbers only include those who reported being scammed; many people are too embarrassed to admit it. While the caller on The Ramsey Show can at least talk about what happened, he now has to find a way forward. Both he and his wife are retired and in their mid-70s. While they have retirement savings, their annual household income averages around $69,000. Story continues The first step, according to Ramsey, is to write a check for the smaller \x93credit card mosquitoes\x94 and close those accounts . That\x92s a gesture on the husband\x92s part \x93towards the healing that you\x92re searching for,\x94 says Ramsey. While this helps to avoid accrued interest, it\x92s also better for the husband\x92s mental state, since every time he writes a check to cover his wife\x92s debts, it \x93picks at the scab\x94 and reopens the wound of discovering an emotional affair. But Ramsey recommends holding off on paying the two larger loans while the couple goes to therapy, because \x93somehow you\x92ve got to get some checks and balances and start to incrementally rebuild trust.\x94 In situations like these, you\x92ll always be wondering in the back of your mind if it\x92ll happen again. \x93You\x92ve got to know that this is solid going forward before you write any more big checks,\x94 he says. While it\x92s a conversation the couple needs to have with their therapist, Ramsey recommended that the wife go back to work \x97 if she\x92s in good health \x97 to pay off the two installment loans. While most retirees don\x92t exactly want to go back to work in their mid-70s, this isn\x92t just about coming up with a financial solution. Rather, says Ramsey, it\x92s about taking responsibility for the emotional affair and earning back her partner\x92s trust. Read more : 3 big mistakes people make with cash back credit cards that cost them every time they swipe How to spot a romance scam Elderly divorcees and widows aren\x92t the only ones who fall prey to romance scams. Anyone who is lonely or vulnerable can be a target, including people experiencing marital problems. Romance scammers typically use social media platforms to gather details about potential targets. Then, they create a fake online identity. It\x92s the online version of a con artist, who uses the illusion of love or romance to manipulate the victim into sending money (or, in some cases, sending compromising photos which could later be used to blackmail the victim for money). While some romance scammers use online dating sites, most scams start with unsolicited private messages over social media platforms. Oftentimes, the scammer will ask to move the conversation to a messaging app like WhatsApp or Google Chat. They often tell their prey that they\x92re currently out of the country. \x93That makes it easier to avoid meeting in person \x97 and more plausible when they ask for money for a medical emergency or unexpected legal fee,\x94 according to the FBI. For example, they may claim to be stationed at a military base abroad or working at an offshore oil rig. Or, in a newer type of romance scam , they may claim to be a cryptocurrency investor, manipulating their prey into investing with cryptocurrency like Bitcoin or Ethereum (which is untraceable). Generative AI like ChatGPT will make it even easier for fraudsters to juggle multiple victims, even writing personalized scripts. However, there\x92s a common thread in all of these scams: The fraudster makes plans to meet the victim in person \x97 and may even propose marriage \x97 but always has an excuse for why that meet-up can\x92t happen. Tips for preventing a romance scam More than 60% of reported scams involve either by cryptocurrency or by bank wire, according to the Federal Trade Commission, but gift cards are the most frequently reported scam. Coming up with this money could mean taking out a loan \x97 as was the case with the wife of the caller on The Ramsey Show . While the husband \x93didn\x92t see the warning signs,\x94 there are ways you can protect yourself (or a loved one) from romance scams: Don\x92t post too many personal details online. Scammers can use that information to target you. If a stranger sends you a private DM, proceed with caution. Do a reverse image search of the person\x92s profile pictures to see if the details match up. Be wary if the person always has an excuse for why they can\x92t meet in person. Don\x92t provide your bank account information, wire money or send cryptocurrency to anyone you meet online. If you suspect you\x92ve been defrauded, your bank may be able to cancel a transfer before it happens \x97 otherwise, you\x92re on the hook. File a complaint with the FBI\x92s Internet Crime Complaint Center (IC3) . In the case of the caller on The Ramsey Show , it will be more complicated if your marriage partner falls prey to a romance scam and you only find out about it after it\x92s too late. But that\x92s a bigger issue that may require a therapist \x97 or a divorce lawyer. What to read next The US dollar has lost 98% of its purchasing power since 1971 \x97 invest in this stable asset before you lose your retirement fund 'Hold onto your money': Jeff Bezos says you might want to rethink buying a 'new automobile, refrigerator, or whatever' \x97 here are 3 better recession-proof buys A 50-year-old Mom on Reddit emptied her daughter's college fund to keep her Malibu dream house \x97 the teen is 'furious.' 4 tips to retire comfortably without raiding your kid's account This article provides information only and should not be construed as advice. It is provided without warranty of any kind.", "After a retired San Antonio man found out his wife had been the victim of an online fraudster, the news went from bad to worse: She willingly gave her money away to a “romantic interest.”\nNow she’s on the hook for loans and credit card payments — to the tune of about $50,000 — at a time when the couple should be enjoying their golden years.\n• Commercial real estate has outperformed the S&P 500 over 25 years. Here's how to diversify your portfoliowithout the headache of being a landlord\n• This janitor in Vermont built an $8M fortune without anyone around him knowing. Here arethe 2 simple techniques that made Ronald Read rich— and can do the same for you\n• Millions of Americans are in massive debt in the face of rising rates. Here'show to get your head above water ASAP\nHis wife sent small amounts of cash to a fraudster posing as a romantic interest via credit cards and gift cards, totaling between $9,000 and $10,000. But she was also manipulated into taking out two installment loans for $23,500 and $17,500.\n“I have a bunch of people tell me, ‘I would divorce her,’ but I’m not going to throw away 25 years (of marriage),” the husband told best-selling author and personal finance expert Dave Ramsey on anepisodeofThe Ramsey Show.\nInstead, they’re going to couples therapy, and the husband is making a “concerted effort to get this thing turned around financially and emotionally.”\nRomance scams are surprisingly common: In 2022, some 70,000 people reported they were a victim of a romance scam,according tothe Federal Trade Commission, with reported losses totalling $1.3 billion. And those numbers only include those whoreportedbeing scammed; many people are too embarrassed to admit it.\nWhile the caller onThe Ramsey Showcan at least talk about what happened, he now has to find a way forward. Both he and his wife are retired and in their mid-70s. While they have retirement savings, their annual household income averages around $69,000.\nThe first step, according to Ramsey, is to write a check for the smaller “credit card mosquitoes” andclose those accounts. That’s a gesture on the husband’s part “towards the healing that you’re searching for,” says Ramsey.\nWhile this helps to avoid accrued interest, it’s also better for the husband’s mental state, since every time he writes a check to cover his wife’s debts, it “picks at the scab” and reopens the wound of discovering an emotional affair.\nBut Ramsey recommends holding off on paying the 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: 2023-07-16 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $589,669,522,300 - Hash Rate: 415390536.6194682 - Transaction Count: 595145.0 - Unique Addresses: 732664.0 Social & AI Sentiment: - Fear & Greed Index: 0.57 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Fidelity, the investment management company with $4.5 trillion in assets under management, hassubmitted paperworkfor the Wise Origin Bitcoin Trust, a spotBitcoinETF, two weeks after the iShares division of BlackRock filed for the iShares Bitcoin Trust. The US Securities and Exchange Commission (SEC) had earlier denied Fidelity's application for the Wise Origin Bitcoin Trust in 2021. Invesco and WisdomTree have submitted their applications sinceBlackRock's spot ETF filingon June 15,while Ark Investhas modified its prior filing and is in front of the pack. Fidelity's paperwork also includes a "surveillance sharing agreement" with a yet-to-be-named U.S. spot-based Bitcoin exchange, designed to ease SEC concerns about market manipulation. Fidelity cited losses incurred by cryptocurrency investors recently as a result of custodian and controlled exchange bankruptcies and claimed that a spot Bitcoin ETF would have protected "countless investors." The SEC has yet to make a decision regarding any of the new applications, and the SEC’s decision on BlackRock’s ETF filing could take until early next year. According to CoinMarketCap data,BTCremains around the $30.5K level after the news.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ["A new protocol that lets people create and share digital objects on Ethereum has hit a major setback, according to its creator, who said the Ethscriptions main marketplace had been hacked. Launched last month by Tom Lehman, co-founder and former CEO of Genius.com, Ethscriptions is a novel way to create Ethereum assets that leverage transaction “calldata” to write non-financial data to the network’s blockchain. The Ethscriptions’ protocol itself and other applications that tap the technology haven’t been impacted, Lehman said. Yet, a sizable number of Ethscriptions listed on Ethscriptions.com have been stolen, Lehman said on Twitter on Friday. “About 123 individual addresses lost a total of about 202 ethscriptions in this exploit,” he said. “Any young protocol will have bumpy landings, but this is definitely not what I meant.” https://t.co/ZcR9HKlexS Marketplace Security Incident Update In this Tweet I’m going to walk you through how the exploit happened and what we are doing about it. First, to be clear, this was not a vulnerability in the Ethscriptions Protocol. This was a vulnerability in one… pic.twitter.com/i5Q0W2PRMQ — Middlemarch (@dumbnamenumbers) July 12, 2023 In terms of value, it’s unclear exactly how much was lost in connection with the exploit. But according to data from NFT marketplace OpenSea , some inscriptions have sold for as much as 5 Ethereum or around $9,600 in the past month. Lehman told Decrypt that, regarding the Ethscriptions lost, “it’s all terrible,” but he specifically lamented the theft of Ethscription #56 , describing it as “brutal” and pointing to the rarity often ascribed to earlier artifacts. The exploit also has a particular sting, Lehman said, because it was meant to serve as an example that other marketplaces building out support for Ethscriptions could lean on. Story continues “The purpose of the marketplace was basically to help show other people how to create marketplaces and help build an ecosystem,” he said. “Unfortunately, we fell on our face in that area.” Lehman claimed responsibility for the failure, explaining the exploit could be traced to a smart contract that he and Indelible Labs co-founder Michael Hirsch created. A snippet of code allowed people to withdraw Ethscriptions that they didn't own from the marketplace. “Part of the challenge with this new protocol is that you save a bunch of money from limiting the use of smart contract storage, but then you have to be more strategic surrounding how you use contracts in cases like marketplaces,” he said. “You have to figure out a way to either give smart contracts information or make it so smart contracts don’t need that information.” The Ethscriptions.com marketplace will be relaunched once necessary changes are made to the protocol itself, according to Lehman, who said he’s been in contact with many of those impacted by the exploit. He praised them on Twitter as “the earliest adopters” of the Ethscriptions protocol. Ethscriptions are distinct compared to traditional NFTs, stored in transaction-level data as opposed to being tokens issued on Ethereum by smart contracts, like in the case of the ERC-721 token standard. According to a Dune Analytics dashboard , around 474,000 Ethscriptions have been created so far. The protocol’s emergence follows Ordinals’ rise in popularity, used for creating NFT-like assets on Bitcoin, which has led to a new wave of experimentation with crypto’s oldest coin. Lehman drew attention to the exploit on July 14. Days later, a disclaimer about the impacted state of the marketplace remains. A warning on Ethscriptions.com reads, “There is an issue with the marketplace contract! Withdraw your Ethscriptions and do not create new listings!”", "A new protocol that lets people create and share digital objects on Ethereum has hit a major setback, according to its creator, who said the Ethscriptions main marketplace had been hacked. Launched last month by Tom Lehman, co-founder and former CEO of Genius.com, Ethscriptions is a novel way to create Ethereum assets that leverage transaction “calldata” to write non-financial data to the network’s blockchain. The Ethscriptions’ protocol itself and other applications that tap the technology haven’t been impacted, Lehman said. Yet, a sizable number of Ethscriptions listed on Ethscriptions.com have been stolen, Lehman said on Twitter on Friday. “About 123 individual addresses lost a total of about 202 ethscriptions in this exploit,” he said. “Any young protocol will have bumpy landings, but this is definitely not what I meant.” https://t.co/ZcR9HKlexS Marketplace Security Incident Update In this Tweet I’m going to walk you through how the exploit happened and what we are doing about it. First, to be clear, this was not a vulnerability in the Ethscriptions Protocol. This was a vulnerability in one… pic.twitter.com/i5Q0W2PRMQ — Middlemarch (@dumbnamenumbers) July 12, 2023 In terms of value, it’s unclear exactly how much was lost in connection with the exploit. But according to data from NFT marketplace OpenSea , some inscriptions have sold for as much as 5 Ethereum or around $9,600 in the past month. Lehman told Decrypt that, regarding the Ethscriptions lost, “it’s all terrible,” but he specifically lamented the theft of Ethscription #56 , describing it as “brutal” and pointing to the rarity often ascribed to earlier artifacts. The exploit also has a particular sting, Lehman said, because it was meant to serve as an example that other marketplaces building out support for Ethscriptions could lean on. Story continues “The purpose of the marketplace was basically to help show other people how to create marketplaces and help build an ecosystem,” he said. “Unfortunately, we fell on our face in that area.” Lehman claimed responsibility for the failure, explaining the exploit could be traced to a smart contract that he and Indelible Labs co-founder Michael Hirsch created. A snippet of code allowed people to withdraw Ethscriptions that they didn't own from the marketplace. “Part of the challenge with this new protocol is that you save a bunch of money from limiting the use of smart contract storage, but then you have to be more strategic surrounding how you use contracts in cases like marketplaces,” he said. “You have to figure out a way to either give smart contracts information or make it so smart contracts don’t need that information.” The Ethscriptions.com marketplace will be relaunched once necessary changes are made to the protocol itself, according to Lehman, who said he’s been in contact with many of those impacted by the exploit. He praised them on Twitter as “the earliest adopters” of the Ethscriptions protocol. Ethscriptions are distinct compared to traditional NFTs, stored in transaction-level data as opposed to being tokens issued on Ethereum by smart contracts, like in the case of the ERC-721 token standard. According to a Dune Analytics dashboard , around 474,000 Ethscriptions have been created so far. The protocol’s emergence follows Ordinals’ rise in popularity, used for creating NFT-like assets on Bitcoin, which has led to a new wave of experimentation with crypto’s oldest coin. Lehman drew attention to the exploit on July 14. Days later, a disclaimer about the impacted state of the marketplace remains. A warning on Ethscriptions.com reads, “There is an issue with the marketplace contract! Withdraw your Ethscriptions and do not create new listings!”", 'Good morning. Here’s what’s happening:\nPrices:Positive events spurred a crypto market boost and altcoin rally, although the subsequent corrections were to be expected, a crypto fund manager said. BTC is holding comfortably above $30K.\nInsights:The robust influx into Toronto\'s Purpose Bitcoin ETF indicates a high retail demand for such products, signaling promise for U.S. companies with pending BTC applications with the SEC.\nCoinDesk Market Index (CMI)\n1,268\n−4.5▼0.4%\nBitcoin (BTC)\n$30,298\n+11.7▲0.0%\nEthereum (ETH)\n$1,927\n−5.2▼0.3%\nS&P 500\n4,505.42\n−4.6▼0.1%\nGold\n$1,958\n−2.5▼0.1%\nNikkei 225\n32,391.26\n−28.1▼0.1%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,268", "\\u22124.5\\u25bc0.4%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$30,298", "+11.7\\u25b20.0%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,927", "\\u22125.2\\u25bc0.3%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,505.42", "\\u22124.6\\u25bc0.1%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,958", "\\u22122.5\\u25bc0.1%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["32,391.26", "\\u221228.1\\u25bc0.1%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nBitcoin Holds Steady Above $30K\nAs Asia begins its business week, bitcoin is maintaining its position above $30,000, though ether has dipped below the $2,000 mark.\nThe world’s largest digital asset is currently at $30,298, flat over the last 24 hours,according to CoinDesk data, whileether is also changing hands sideways at $1,927.\nLast week’s unexpected rally in crypto prices came from afavorable rulinga court handed down in the Ripple-SEC case, but Joe DiPasquale, CEO of crypto fund manager BitBull Capital, said in a note that after the market overheated and “corrections are to be expected”.\nDiPasquale wrote that if there is a correction, “we are unlikely to see Bitcoin trading below $27K for long” and the “market is likely to consolidate around the current zone for now.”\nThe question is, where does the market go from here? Last week was already a busy week with the scheduled economic data releases, and became even more so with market movement from the XRP-led altcoin rally.\n“Looking ahead, with no major scheduled events or economic data releases this week, we anticipate that price action in the market will be influenced by open interest levels, reflecting trader sentiment, and trending topics such as memes and artificial intelligence,” Johnny Teng Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-17 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $587,496,884,025 - Hash Rate: 364471696.6467593 - Transaction Count: 428612.0 - Unique Addresses: 703876.0 Social & AI Sentiment: - Fear & Greed Index: 0.54 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin and Ether rose during afternoon trading in Asia on Friday, along with most of the top 10 non-stablecoin cryptocurrencies by market capitalization, excluding the Solana and Tron tokens. Most Asian equities were up, while U.S. stock futures were down, pressured by the possibility of the first-ever U.S. default by June 1, unless a deal is reached to raise the government’s US$31.4 trillion debt ceiling. See related article: Governments could access Ledger wallet private keys, says CEO Bitcoin and Ether lead gains Bitcoin rose 1.14% to US$26,512 in the 24 hours to 4:30 p.m. in Hong Kong, after declining below US$27,000 on Wednesday. Ether rose 1.69% to US$1,815. “Bitcoin has doubled in price since 2023 while the Fed has been doing quantitative tightening. It definitely makes sense for Bitcoin to consolidate and then reprice to a fair value,” Johnny Louey Crypto Researcher Analyst at LiquidityTech Protocol , wrote in a LinkedIn response to Forkast . “The next catalyst for Bitcoin will be the next Federal Open Market Committee meeting in June.” Positive regulatory developments are needed to reignite bullish market momentum, according to Maia Benzimra, head of institutional marketing at decentralized finance yield platform Spool . “If the week closes with Bitcoin above US$30,000, it’s a positive sign of an upward trend. [If it closes] below US$26,000, bearish sentiment may continue.” Litecoin was the day’s biggest gainer in the top 10, rising 3.21% to US$87.16, followed by the XRP token that gained 3.09% to US$0.463. The World Economic Forum released a white paper on crypto regulation Thursday, highlighting the necessity of crypto regulations and global cooperation to prevent ambiguity and inconsistent law enforcement. Ethereum NFT sales drop after two consecutive days of gains The indexes are proxy measures of the performance of the global NFT market. They are managed by CryptoSlam , a sister company of Forkast.News under the Forkast.Labs umbrella. The Forkast 500 NFT index fell 0.55% to 3,344.95 points in the 24 hours to 4:30 p.m. in Hong Kong and lost 1.36% during the week. Story continues Ethereum ’s 24-hour NFT sales dropped 25% to US$13.4 million, along with the Forkast ETH NFT Composite that rose 0.09% to 1,130.52 points. Sales for the largest Ethereum-based collection, the Bored Ape Yacht Club , fell 48.16% to 1.06 million. 24-hour sales for Milady Maker also fell 11.69% to US$678,420. Yet, NFT sales on Bitcoin rose 23.76% to US$2.4 million, as 24-hour sales for $ORDI BRC-20 NFTs increased 1.37% to US$443,336, according to CryptoSlam . Looking at the most notable NFT purchase of the past 24 hours, $ORDI BRC-20 NFT #05bbe8 sold for US$339,437 at 2:33 p.m. Hong Kong time. Asian equities rise, U.S. futures slip on looming fears of a governmental default Most Asian equities strengthened on Friday, except Hong Kong’s Hang Seng Index that declined for a second consecutive day to a two-month low. Japan’s Nikkei 225 rose 0.37%, the Shanghai Composite rose 0.35% and the Shenzhen Component Index inched up 0.22%. Hong Kong’s Hang Seng Index dropped 1.93%. Global investor sentiment was weighed down by fears that the U.S. will fail to reach an agreement on raising its US$31.4 trillion debt, which could lead to a default by June 1. Lawmakers on both sides of the aisle are closing in on a deal that would raise the debt ceiling for two years while capping spending on most items. The parties are just US$70 billion apart on a total sum that would exceed US$1 trillion, an unnamed source told Reuters on Thursday . U.S. stock futures fell as of 4:30 p.m. in Hong Kong. The Dow Jones Industrial Average futures fell 0.2%, the S&P 500 futures index slipped 0.19% and the tech-heavy Nasdaq-100 futures inched down 0.025%. The U.S. dollar inched up 0.19% to near a two-month high of 104 points, set for its third straight weekly advance bolstered by expectations that U.S. interest rates will remain high for longer than expected. The euro gained 0.16% to US$1.07. Gold rose 0.69% to US$1,950 an ounce on Friday, but appeared to be heading for its third consecutive weekly decline, weighed by a rising dollar and expectations of elevated U.S. interest rates. See related article: Big buys fail to lift NFT markets as regulatory uncertainty weighs heavy on crypto... - Reddit Posts (Sample): []... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['An ESG focused-fund manager is challenging claims from the environmental non-profit GreenpeaceUSA that Bitcoin mining is a major source of pollution and societal harm. In a report published last Tuesday, GreenpeaceUSA called on Bitcoin-friendly financial services companies—including BlackRock , Fidelity, JPMorgan, and others—to denounce Bitcoin’s “climate destruction” and encourage a code change to a “cleaner protocol” that obviates the mining industry. “All of these companies have connections to Bitcoin and have failed to take meaningful action to solve the problem despite making climate and sustainability pledges,” GreenpeaceUSA wrote. It\'s a view rejected by CH4 Capital co-founder Daniel Batten, who argues that Bitcoin is a force for environmental healing, rather than harm. “There is a growing weight of evidence from those most qualified to make the assessment to suggest that Bitcoin mining helps build out the renewable grid,” Batten wrote in a formal rebuttal to GreenpeaceUSA on Sunday. He cited Brad Jones, former interim CEO of the Electric Reliability Council of Texas (ERCOT), who has spoken about Bitcoin’s ability to make renewable energy operators more profitable, fundable, and stable. Lone Star State ‘Will Be Silicon Valley’ of Crypto: Texas Blockchain Council President According to Batten, many of the facts and figures used by GreenpeaceUSA to demonstrate Bitcoin’s environmental harm were misleading, if not outright false. GreenpeaceUSA "uses unsubstantiated fear about \'what might happen\' rather than evidence," he writes, saying the report is "filled with emotive language." For example, GreenpeaceUSA claimed that the mining industry is “mostly powered mostly by coal.” In fact, Batten notes, there are 41 known sustainably powered mining operations, and only one operation still uses a coal-related product. Furthermore, unlike the environmental activist group\'s claim that Bitcoin’s “climate destruction” would “accelerate” if left unchecked, Batten presented data showing that Bitcoin’s emissions are actually falling over time. Story continues “Emissions are falling despite rising hashrate due to decimation of mining in Kazakhstan and other coal-based grids,” explained Batten in a message to Decrypt . Such miners, he said, have relocated to more sustainably powered grids like those in Texas. He also cited individual public mining companies, such as Marathon , which have moved their facilities from a coal-based to wind-based standard, alongside “ flare-gas mining that reduces the overall net emissions of the bitcoin network.” Batten’s fund specifically invests in companies that aim to mine Bitcoin using purified landfill gas that would otherwise be burned and pollute the atmosphere with methane emissions. The process is a win-win for both the environment and the company’s bottom line, he writes. “Our $400 million fund will have sufficient dry powder to finance the Bitcoin network, abating more emissions than its creating, which can end ESG FUD, the major remaining barrier for both retail and institutional adoption,” Batten told Decrypt . The Bitcoin community has been largely unwelcoming to GreenpeaceUSA’s campaign , which began last year after the organization received $5 million to highlight the perils of the mining industry. When asked for his thoughts on the GreenpeaceUSA campaign and its backer, Ripple co-founder Chris Larsen, Batten refused to comment in great detail. “I\'ll let people make up their own mind about the intentions of a chair of another altcoin giving a large sum of money to help an NGO attack a rival form of cryptocurrency in Bitcoin,” he said. Editor\'s Note: This article was updated to correct Daniel Batten\'s name and clarify that he was responding to GreenpeaceUSA\'s Bitcoin mining report.', 'An ESG focused-fund manager is challenging claims from the environmental non-profit GreenpeaceUSA that Bitcoin mining is a major source of pollution and societal harm.\nIn areportpublished last Tuesday, GreenpeaceUSA called on Bitcoin-friendly financial services companies—includingBlackRock, Fidelity, JPMorgan, and others—to denounce Bitcoin’s “climate destruction” and encourage a code change to a “cleaner protocol” that obviates the mining industry.\n“All of these companies have connections to Bitcoin and have failed to take meaningful action to solve the problem despite making climate and sustainability pledges,” GreenpeaceUSA wrote.\nIt\'s a view rejected by CH4 Capital co-founder Daniel Batten, who argues that Bitcoin is a force for environmental healing, rather than harm.\n“There is a growing weight of evidence from those most qualified to make the assessment to suggest that Bitcoin mining helps build out the renewable grid,” Battenwrotein a formal rebuttal to GreenpeaceUSA on Sunday. He cited Brad Jones, former interim CEO of the Electric Reliability Council of Texas (ERCOT), who has spoken about Bitcoin’s ability to make renewable energy operators more profitable, fundable, and stable.\nLone Star State ‘Will Be Silicon Valley’ of Crypto: Texas Blockchain Council President\nAccording to Batten, many of the facts and figures used by GreenpeaceUSA to demonstrate Bitcoin’s environmental harm were misleading, if not outright false.\nGreenpeaceUSA "uses unsubstantiated fear about \'what might happen\' rather than evidence," he writes, saying the report is "filled with emotive language."\nFor example, GreenpeaceUSA claimed that the mining industry is “mostly powered mostly by coal.” In fact, Batten notes, there are 41 known sustainably powered mining operations, and only one operation still uses a coal-related product.\nFurthermore, unlike the environmental activist group\'s claim that Bitcoin’s “climate destruction” would “accelerate” if left unchecked, Batten presented data showing that Bitcoin’s emissions are actually falling over time.\n“Emissions are falling despite rising hashrate due to decimation of mining in Kazakhstan and other coal-based grids,” explained Batten in a message toDecrypt. Such miners, he said, have relocated to more sustainably powered grids like those in Texas.\nHe also cited individual public mining companies, such asMarathon, which have moved their facilities from a coal-based to wind-based standard, alongside “flare-gas miningthat reduces the overall net emissions of the bitcoin network.”\nBatten’s fund specifically invests in companies that aim to mine Bitcoin using purified landfill gas that would otherwise be burned and pollute the atmosphere with methane emissions. The process is a win-win for both the environment and the company’s bottom line, he writes.\n“Our $400 million fund will have sufficient dry powder to finance the Bitcoin network, abating more emissions than its creating, which can end ESG FUD, the major remaining barrier for both retail and institutional adoption,” Batten toldDecrypt.\nThe Bitcoin community has been largely unwelcoming to GreenpeaceUSA’scampaign, which began last year after the organization received $5 million to highlight the perils of the mining industry.\nWhen asked for his thoughts on the GreenpeaceUSA campaign and its backer, Ripple co-founder Chris Larsen, Batten refused to comment in great detail.\n“I\'ll let people make up their own mind about the intentions of a chair of another altcoin giving a large sum of money to help an NGO attack a rival form of cryptocurrency in Bitcoin,” he said.\nEditor\'s Note: This article was updated to correct Daniel Batten\'s name and clarify that he was responding to GreenpeaceUSA\'s Bitcoin mining report.', 'An ESG focused-fund manager is challenging claims from the environmental non-profit GreenpeaceUSA that Bitcoin mining is a major source of pollution and societal harm.\nIn areportpublished last Tuesday, GreenpeaceUSA called on Bitcoin-friendly financial services companies—includingBlackRock, Fidelity, JPMorgan, and others—to denounce Bitcoin’s “climate destruction” and encourage a code change to a “cleaner protocol” that obviates the mining industry.\n“All of these companies have connections to Bitcoin and have failed to take meaningful action to solve the problem despite making climate and sustainability pledges,” GreenpeaceUSA wrote.\nIt\'s a view rejected by CH4 Capital co-founder Daniel Batten, who argues that Bitcoin is a force for environmental healing, rather than harm.\n“There is a growing weight of evidence from those most qualified to make the assessment to suggest that Bitcoin mining helps build out the renewable grid,” Battenwrotein a formal rebuttal to GreenpeaceUSA on Sunday. He cited Brad Jones, former interim CEO of the Electric Reliability Council of Texas (ERCOT), who has spoken about Bitcoin’s ability to make renewable energy operators more profitable, fundable, and stable.\nLone Star State ‘Will Be Silicon Valley’ of Crypto: Texas Blockchain Council President\nAccording to Batten, many of the facts and figures used by GreenpeaceUSA to demonstrate Bitcoin’s environmental harm were misleading, if not outright false.\nGreenpeaceUSA "uses unsubstantiated fear about \'what might happen\' rather than evidence," he writes, saying the report is "filled with emotive language."\nFor example, GreenpeaceUSA claimed that the mining industry is “mostly powered mostly by coal.” In fact, Batten notes, there are 41 known sustainably powered mining operations, and only one operation still uses a coal-related product.\nFurthermore, unlike the environmental activist group\'s claim that Bitcoin’s “climate destruction” would “accelerate” if left unchecked, Batten presented data showing that Bitcoin’s emissions are actually falling over time.\n“Emissions are falling despite rising hashrate due to decimation of mining in Kazakhstan and other coal-based grids,” explained Batten in a message toDecrypt. Such miners, he said, have relocated to more sustainably powered grids like those in Texas.\nHe also cited individual public mining companies, such asMarathon, which have moved their faci Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-18 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $585,460,100,400 - Hash Rate: 434150109.2409926 - Transaction Count: 582684.0 - Unique Addresses: 775244.0 Social & AI Sentiment: - Fear & Greed Index: 0.56 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin fell to about $24,990 on Wednesday, as investors shrugged off the U.S. central banks widely expected halt to a more than year-long diet of interest rate hikes. Major altcoins took a late afternoon dive to sink into negative territory. The largest cryptocurrency by market capitalization was recently trading down 3.2% over the past 24 hours after a late afternoon (ET) drop that sent the asset to its lowest level since mid March. BTC has largely been treading water nearer $26,000 for most of the past five days as investors weighed the initial impact of Securities and U.S. Exchange Commission (SEC) lawsuits against crypto exchange giants Binance and Coinbase, Fed monetary policy signals and other macroeconomic uncertainties. The Fed has left rates unchanged, which was expected by the market given the macroeconomic situation, Joe DiPasquale, CEO of crypto asset manager BitBull Capital, wrote in a note to CoinDesk. The initial move has been toward the downside, since the Fed indicated that this pause is likely not going to last. DiPasquale added: From a markets perspective, as long as Bitcoin maintains $25K, we should continue to see consolidation. Read More: Fed Preview: Bitcoin Market Skews Bearish as Analysts Anticipate 'Hawkish Rate-Hike Pause' Ether was recently changing hands at $1,650, down 5.1% from Tuesday, same time, also hitting a three-month low. Other major cryptos mentioned in the SEC actions plunged late with ADA, the token of the Cardano blockchain recently down more than 5% but SOL and MATIC, the native cryptos of the Solana and Polygon smart contract networks, each off more than 3%. The CoinDesk Market Index , a measure of crypto markets overall performance, was recently trading sideways. The CoinDesk Bitcoin and Ether Trend Indicators maintained their days-long stances in downtrend territory, reflecting ongoing investor skittishness. Still, indicator was pointing bullishly. A price pattern called "throwback" has emerged on bitcoin's daily chart that could recharge bulls' engines for a rally toward $37,000, according to Valkyrie Investments. In technical analysis, a throwback is a price drop to a former breakout level or resistance-turned-support. After a breakout, prices rally for some days before losing upward momentum and returning to the breakout point. More often than not, prices surge after the throwback is completed, Thomas Bulkowski detailed in his book "Visual Guide to Chart Patterns." Story continues Meanwhile, equity indexes fell amid longer-term concerns that the current rate increase cessation will be temporary as the Fed focuses on cutting inflation to a longstanding 2.5% target. The tech-heavy Nasdaq Composite and S&P 500 inched up ever-so-slightly but the Dow Jones Industrial Average sank 0.7%. Read More: U.S. CPI Inflation Slowed to 0.1% in May; Bitcoin Rises Still, in an email to CoinDesk, Markus Levin, co-founder of blockchain geospatial oracle system XYO Network, struck an upbeat note, writing that the global macro setup is shifting significantly, with the rate-hike pause the clearest indication yet of this shift. Inflation is falling fast. Global central banks are injecting liquidity to stimulate their economies. And now the focus is on growth and whether well actually experience a broad-based and deep recession. Levin added that bitcoin and other digital assets have likely already hit the bottom. I expect there to be sideways action for BTC and other coins for some months ahead, punctuated by bouts of volatility, he wrote. When the BTC halving kicks in next year, however, then I think were off to the races. UPDATE (June 14, 2023, 20:55 UTC): Updates bitcoin price in headline and story, and other digital asset price information.... - 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:\nPrices:Caleb & Brown\'s Jake Boyle explains why ether might be the more interesting play than bitcoin.\nInsights:Coinbase\'s stock is up more than 23% since Ripple\'s partial court victory against the SEC last Thursday. In a CoinDesk TV interview, Needham analyst John Todaro discussed why he\'s upbeat about the company.\nCoinDesk Market Index (CMI)\n1,254\n−10.5▼0.8%\nBitcoin (BTC)\n$29,856\n−311.4▼1.0%\nEthereum (ETH)\n$1,896\n−18.6▼1.0%\nS&P 500\n4,554.98\n+32.2▲0.7%\nGold\n$1,981\n+28.8▲1.5%\nNikkei 225\n32,493.89\n+NaN▲NaN%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,254", "\\u221210.5\\u25bc0.8%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$29,856", "\\u2212311.4\\u25bc1.0%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,896", "\\u221218.6\\u25bc1.0%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,554.98", "+32.2\\u25b20.7%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,981", "+28.8\\u25b21.5%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["32,493.89", "+NaN\\u25b2NaN%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nLooking Beyond Bitcoin\nAs East Asia’s business day begins, bitcoin is down 1% to $29,856, while ether is also down 1% to $1,896. Although many parts of the altcoin market are beginning the day as a sea of red, XRP is continuing its upwards trajectory, rising 5% to hit $0.77.\nThe current Bitcoin movements indicate that the market is range-bound and stagnant, Jake Boyle, the Chief Commercial Officer at Australian crypto exchange Caleb & Brown said on CoinDesk TV.\nWhile Bitcoin is experiencing some ups and downs around the $30,000 mark, Boyle argues that no major movements are expected until certain key events take place.\nStellar, Solana, and Optimism have shown explosive growth following last week\'s XRP news, each for different reasons.\n"Stellar is regularly associated with XRP... Optimism provides something new, it hasn\'t experienced a dramatic bull market, and it hasn\'t come down 99% from its all-time high," Boyle said.\nRight now, Boyle is interested in Ethereum as he’s observed a “noticeable increase in buying power against bitcoin.”\n“Ethereum is prone to upgrades. It’s prone to community changes,” he said, explaining how it\'s more receptive to news announcements and updates while bitcoin stays relatively constant.\n“Bitcoin is just bitcoin,” he said.\n[{"Asset": "XRP", "Ticker": "XRP", "Returns": "+3.9%", "DACS Sector": "Currency"}]\n[{"Asset": "Gala", "Ticker": "GALA", "Returns": "\\u22126.9%", "DACS Sector": "Entertainment"}, {"Asset": "Solana", "Ticker": "SOL", "Returns": "\\u22125.9%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Polygon", "Ticker": "MATIC", "Returns": "\\u22125.7%", "DACS Sector": "Smart Contract Platform"}]\nCoinbase on the Rise?\nRipple\'spartial winlast week in its long-running Federal court feud with the Securities and Exchange Commission (SEC) will likely benefit Coinbase by clarifying a nettlesome aspect of crypto regulation and enabling the exchange to re-list certain tokens, John Todaro, a senior research analyst at broker Needham & Company, told CoinDesk TV\'s "First Mover" program Tuesday.\nTodaro noted that industry observers had feared a decision favoring the SEC would have required Coinbase to delist tokens, potentially costing it more than a third of its revenue.\n"It does remove some those concerns that along the way, Coinbase might have to delist a lot of assets, which is going to be a big deterrent to their exchange business, which is where they get most of their revenue," Todaro said, adding that the ruling would also "give institutional investors more clarity."\n"Now you can start digging into Coinbase fundamentals a bit more versus the stock only moving just on regulatory concerns or positive regulatory announcements."\nLast Thursday, a U.S. district court ruled that Ripple’s XRP token should not be considered a security if sold via an exchange or through programmatic sales. In a research report the following day, Todaro and another analyst, Daniel Lehmann wrote that the decision could boost Coinbase shares by establishing that token sales through exchanges, at least in the case of XRP, did not violate securities laws.\nRead More:Ripple’s XRP Summary Judgment Positive for Coinbase, Price Target Raised to $120: Needham\n"This outcome should moderately de-risk the regulatory pressure on the stock,” the analysts wrote.\nThe broker maintained a buy rating on Coinbase shares and raised its price target to $120 from $70. Coinbase shares closed at $104.59, down 0.9% but are up more than 23% since last Thursday.\nCoinbase has faced its own regulatory issues, including an SEC lawsuit last month accusing the exchange of violating securities law, and it also still addressing the fall-out from a lengthy bear market that has spooked investors.\nIn the "First Mover" interview, Todaro predicted that Coinbase trading volumes for its second quarter (ending June 30) should be the poorest second quarter since the exchange started trading publicly in 2021. But he said July volumes "are okay," and that investors should already have priced in the company\'s Q2 issues. "Folks should start looking at what\'s coming up," including next year\'s bitcoin halving, "which is historically coinciding with higher crypto prices, ETF applications and a little bit more of a positive view on regulation," he said, and described the exchange as "the only kind of adult left in the room at the exchange level.\nEthereum Community Conference\nGoldman Sachs second quarter earnings\nHKT/SGT(6:00 UTC)United Kingdom Consumer Price Index (MoM/June)\nHKT/SGT(9:00 UTC)Core Harmonized Index of Consumer Prices (MoM/June)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nCoinbase CEO Will Reportedly Meet With House Democrats; Bitcoin Outlook After Hitting June Low\nBloomberg reported Coinbase CEO Brian Armstrong met with House Democrats Wednesday morning. Needham & Company senior research analyst John Todaro shared his outlook on Coinbase (COIN)\'s stock performance. Aku creator and former MLB player Micah Johnson discussed teaming up with Starbucks. Caleb & Brown director Jake Boyle shared his crypto markets analysis. And, John Oliver from PwC weighed in on how traditional hedge funds view investing in crypto assets.\nBitcoin Remains Under Pressure Below $30K Following U.S. Retail Sales Numbers:Thursday\'s rally to a new 13-month high of $31,800 has now more than been fully nullified.\nArkham\'s Token Debuts at $0.75 After Being Sold for $0.05 in Binance Launchpad:Users locked up a total of $2.4 billion in the launchpad to secure a better chance at receiving the full allocation.\nCelsius Estate Settles With Series B Holders Over Proceeds of GK8 Sale:Mike Novogratz’s Galaxy Digital purchased self-custody platform GK8 from Celsius in December as part of bankruptcy proceedings.\nLevered Bullish Longs Getting Liquidated as Bitcoin Market Softens:CoinGlass data shows that in the last 24 hours, $116.38 million worth of futures bets were liquidated, with $85.68 in bullish long positions\nReddit Community Tokens Rocket as Rule Change Speculation Boosts MOON, BRICK:Reddit changed its Terms of Service recently where it now explicitly allows for trading Reddit\'s tokenized Community Points, one observer said while explaining the price rally.', 'Good morning. Here’s what’s happening: Prices: Caleb & Brown\'s Jake Boyle explains why ether might be the more interesting play than bitcoin. Insights: Coinbase\'s stock is up more than 23% since Ripple\'s partial court victory against the SEC last Thursday. In a CoinDesk TV interview, Needham analyst John Todaro discussed why he\'s upbeat about the company. Prices CoinDesk Market Index (CMI) 1,254 −10.5 ▼ 0.8% Bitcoin (BTC) $29,856 −311.4 ▼ 1.0% Ethereum (ETH) $1,896 −18.6 ▼ 1.0% S&P 500 4,554.98 +32.2 ▲ 0.7% Gold $1,981 +28.8 ▲ 1.5% Nikkei 225 32,493.89 +NaN ▲ NaN% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,254 −10.5 ▼ 0.8% Bitcoin (BTC) $29,856 −311.4 ▼ 1.0% Ethereum (ETH) $1,896 −18.6 ▼ 1.0% S&P 500 4,554.98 +32.2 ▲ 0.7% Gold $1,981 +28.8 ▲ 1.5% Nikkei 225 32,493.89 +NaN ▲ NaN% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Looking Beyond Bitcoin As East Asia’s business day begins, bitcoin is down 1% to $29,856, while ether is also down 1% to $1,896. Although many parts of the altcoin market are beginning the day as a sea of red, XRP is continuing its upwards trajectory, rising 5% to hit $0.77. The current Bitcoin movements indicate that the market is range-bound and stagnant, Jake Boyle, the Chief Commercial Officer at Australian crypto exchange Caleb & Brown said on CoinDesk TV. While Bitcoin is experiencing some ups and downs around the $30,000 mark, Boyle argues that no major movements are expected until certain key events take place. Stellar, Solana, and Optimism have shown explosive growth following last week\'s XRP news, each for different reasons. "Stellar is regularly associated with XRP... Optimism provides something new, it hasn\'t experienced a dramatic bull market, and it hasn\'t come down 99% from its all-time high," Boyle said. Right now, Boyle is interested in Ethereum as he’s observed a “noticeable increase in buying power against bitcoin.” Story continues “Ethereum is prone to upgrades. It’s prone to community changes,” he said, explaining how it\'s more receptive to news announcements and updates while bitcoin stays relatively constant. “Bitcoin is just bitcoin,” he said. Biggest Gainers Asset Ticker Returns DACS Sector XRP XRP +3.9% Currency Biggest Losers Asset Ticker Returns DACS Sector Gala GALA −6.9% Entertainment Solana SOL −5.9% Smart Contract Platform Polygon MATIC −5.7% Smart Contract Platform Insights Coinbase on the Rise? Ripple\'s partial win last w Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-19 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $584,903,781,256 - Hash Rate: 396630963.9979439 - Transaction Count: 480249.0 - Unique Addresses: 745057.0 Social & AI Sentiment: - Fear & Greed Index: 0.50 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin continued to trade flat at roughl$31,700 on Wednesday after the U.S. Bureau of Labor Statistics (BLS) published Junes inflation data , reflecting a monthly Consumer Price Index (CPI) increase of 0.2%, and a yearly increase of 3.0%. Ethereum also only faced a minor gain of 1.3%, per CoinGecko , and is now trading at nearly $1,900. The increase fell just short of economists' estimates as polled by Dow Jones, which expected a 0.3% month-over-month increase, and an annual rise of 3.1%. Meanwhile, core CPIwhich discounts the food and energy sectors due to their known volatilityrose by just 0.2% which is the smallest 1-month increase in that index since August 2021, per the BLS. Since March 2022, the Federal Reserve has rapidly risen its policy interest rate in a mission to bring searing inflation back to its 2% target in the United States, after peaking last June at 9.1%. So far, the central banks efforts seem to be paying off, with annualized inflation down 1% from last month alone. Sadly for investors, rising interest rates have also contributed to cratering stock and crypto prices throughout the last year, with both major tech and blockchain companies being forced to enact massive layoffs . As such, falling inflation is generally taken as bullish for markets, since it means the Fed is closer to ending its hawkish monetary policy. While the central bank chose to keep its policy rate unchanged last month, Fed Chairman Jerome Powell has been hesitant to indicate whether this means rate hikes will pause or resume in the near future. According to the CME FedWatch tool , markets are 91% confident that another 0.25% rate hike is in the cards at the next Federal Open Markets Committee Meeting (FOMC) on July 26. Bitcoin, Ethereum Falter as June Inflation Report Is Worse Than Expected Markets are still waiting on Junes Personal Consumption Index (PCI) figures, which track how consumers change their buying habits over time. This is the Feds preferred measure of inflation as its considered a strong predictor of where inflation is headed in the future. It currently projects this figure at 3.2%. Bitcoins non-reaction on Wednesday may be an indication of its current place in its cyclical market cycle. As reported by Glassnode on Monday, Bitcoins price has reached an equilibrium point which often signals an incoming accumulation phase during which the assets price trades flat for many months to come.... - 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: XRP, XLM have a day in the spotlight. Bitcoin loses $30K. Insights: Ripple\'s partial victory left key questions unsettled. Preston Byrne told CoinDesk TV that lawmakers need to create a "legal regime" that accounts for digital assets\' unique characteristics. Prices CoinDesk Market Index (CMI) 1,260 +5.8 ▲ 0.5% Bitcoin (BTC) $29,917 +30.4 ▲ 0.1% Ethereum (ETH) $1,887 −10.7 ▼ 0.6% S&P 500 4,565.72 +10.7 ▲ 0.2% Gold $1,980 +3.0 ▲ 0.2% Nikkei 225 32,896.03 +402.1 ▲ 1.2% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,260 +5.8 ▲ 0.5% Bitcoin (BTC) $29,917 +30.4 ▲ 0.1% Ethereum (ETH) $1,887 −10.7 ▼ 0.6% S&P 500 4,565.72 +10.7 ▲ 0.2% Gold $1,980 +3.0 ▲ 0.2% Nikkei 225 32,896.03 +402.1 ▲ 1.2% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) XLM, XRP Lead Altcoin Rally XLM and XRP led a posse of altcoins out of a price quagmire of the past five days, rising by double-digits and outperforming still-sluggish bitcoin and ether on Wednesday. Blockchain-based payment platform Stellar Lumens\' XLM was recently trading above 15 cents, up 18% over the past 24 hours. The token last hit those lofty heights a week ago when it doubled in price, part of a crypto market surge that followed Ripple\'s partial victory in a long-running legal feud with the Securities and Exchange Commission, before sinking in the ensuing days. At the start of the week, XLM was trading just above 13 cents. Ripple\'s XRP, the third largest crypto by market capitalization, was recently changing hands above 82 cents, up 6.8% from Tuesday, same time. XRP has held most of its gains since last Thursday. The CoinDesk Market Index , a measure of crypto markets performance, was recently trading up 0.5% Markus Levin, co-founder of XYO Network, attributed XRP\'s Wednesday spike to continued excitement about last week\'s U.S. federal court decision, which established that XRP token sales on exchanges and through algorithms did not constitute investment contracts. The ruling has spurred a number of exchanges such as Coinbase, Kraken and Bitstamp to relist XRP, leading to a jump in investments, trading volumes and open interest for futures contracts. Story continues "In short, we’re seeing a return of investors that had previously been spooked by recent regulatory measures," Levin wrote in an email to CoinDesk. ADA and SOL, the native cryptos of smart contracts platforms Cardano and Solana, rose over 6% at certain points, far outstripping bitcoin and ether, which slogged through another dispiriting day of little price movement. Bitcoin was recently trading at $28,877, roughly flat over the previous day. Ether had edged down the better part of a percentage point to trade just below $1,900. Equity markets inched upward for a third consecutive day as investors continued their embrace of encouraging second quarter earnings by major financial services firms even after a 58% plunge in Goldman Sachs profits. The S&P 500 closed up 0.2%. In an email to CoinDesk, Lex Sokolin, managing Partner of Web3 investment fund Generative Ventures, wrote that markets\' lethargy in recent days reflects their cyclical nature. There\'s often "run-ups in anticipation and in response to news, and then a sell-off once the positive news has been incorporated into the price," Sokolin wrote. Crypto is full of momentum and narrative traders, and this pattern persists — "the market animal spirits." Noting multiple market friendly events in recent weeks, including the XRP decision, an improving macroeconomic landscape and BlackRock spot bitcoin ETF filing, he added: "Actually what matters is just the possibility of support." Biggest Gainers Asset Ticker Returns DACS Sector Gala GALA +0.9% Entertainment Biggest Losers Asset Ticker Returns DACS Sector Stellar XLM −4.1% Smart Contract Platform Terra LUNA −1.7% Smart Contract Platform Cardano ADA −1.7% Smart Contract Platform Insights The Need for a Crypto-Specific "Legal Regime" A U.S. federal court\'s decision last Thursday may have offered Ripple a partial win in its ongoing court case against the Securities and Exchange Commission (SEC). But the ruling failed to clarify fundamental issues that would allow Ripple and other crypto organizations with tokens to operate on more solid ground, Preston Byrne, a partner at the law firm Brown Rudnick, told CoinDesk TV\'s "First Mover program on Wednesday. Byrne said the ruling had surprised some lawyers by veering from more than 70 years of precedent following the Howey decision, which determines whether a transaction is a security. Regulators have wrestled with if and how the so-called Howey test should apply to digital assets. "The problem isn\'t that the decision provides certainty for Ripple in this particular litigation," Byrne said. "The reason there\'s uncertainty is because this court has now ruled differently than everyone expected it to, based on 70-80 years of precedent." Byrne added: "So as a consequence, you can\'t be sure where you stand in the United States. Some issuers are going to make the decision to proceed where perhaps they shouldn\'t, and other companies that might wish to proceed, if they had a beter regulatory regime – for example, in the United Kingdom or Europe, which provide a degree of certainty over regulatory treatment of tokens – may not so." The U.S. District Court of the Southern District of New York ruled that the sale of Ripple’s XRP tokens on exchanges and through algorithms did not constitute investment contracts. But the court decided less favorably to Ripple that the institutional sale of the tokens violated federal securities laws. Byrne said that "crypto isn\'t a security in the traditional sense," noting its "self-sovereign nature," and that "people spend it in applications which provide useful software." And he suggested that the U.S. Congress should create regulation that considers these unique characteristics. "We need a legal regime that recognizes that, while also providing enhanced protections for investors, such as regulation of financial promotions and disclosures by issuers, without shoehorning it (crypto) into a securities regime," Byrne said. He continued: "We need a regime which is make for crypto." Important events. EthCC (Paris, France) 9:30 a.m.HKT/SGT(1:30 UTC) Australia Unemployment Rate s.a. (June) 7:30 a.m. HKT/SGT(23:30 UTC) Japan National Consumer Price Index (YoY/June) CoinDesk TV In case you missed it, here is the most recent episode of "First Mover" on CoinDesk TV : Rep. Torres Calls on SEC to Rethink its \'Regulatory Assault\' on Crypto; Bitcoin Price Predictions Rep. Ritchie Torres (D-N.Y.) discussed the future of crypto regulation as the lawmaker calls out the SEC in the wake of the Ripple court ruling. Brown Rudnick partner Preston Byrne argued why the split decision from SEC v. Ripple Labs throws U.S. crypto-token regulation into disarray. And, ProChain Capital president David Tawil shared his crypto markets analysis. Headlines XRP Blockchain Still Faces Centralization Caveats as Ripple Regulatory Threat Recedes : Ripple scored a partial win against the SEC last week in a summary judgment that was celebrated across the crypto industry. Why does the project itself remain so controversial? The GBTC Discount Is Narrowing; Here\'s Why It Matters : The possibility the SEC will approve the conversion of GBTC into an ETF is playing a role, according to analysts. Polygon Mulls Governance Restructure in Polygon 2.0 Roadmap : Developers have proposed an “Ecosystem Council” to push smart contract upgrades, as well as changes to how community-based funding works. StarkWare’s ‘Starknet Stacks’ Could Add to Growing Field of Blockchain-in-a-Box Offerings : The announcement is part of a growing trend in Ethereum’s layer-2 ecosystem, where developers can create application-specific chains using the blockchain’s native software stack. Solana’s Largest Protocol, Marinade, Bets Growth on ‘Native’ SOL Staking Product : Marinade Finance contributors say the new service could appeal to institutional investors.', 'Good morning. Here’s what’s happening:\nPrices:XRP, XLM have a day in the spotlight. Bitcoin loses $30K.\nInsights:Ripple\'s partial victory left key questions unsettled. Preston Byrne told CoinDesk TV that lawmakers need to create a "legal regime" that accounts for digital assets\' unique characteristics.\nCoinDesk Market Index (CMI)\n1,260\n+5.8▲0.5%\nBitcoin (BTC)\n$29,917\n+30.4▲0.1%\nEthereum (ETH)\n$1,887\n−10.7▼0.6%\nS&P 500\n4,565.72\n+10.7▲0.2%\nGold\n$1,980\n+3.0▲0.2%\nNikkei 225\n32,896.03\n+402.1▲1.2%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,260", "+5.8\\u25b20.5%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$29,917", "+30.4\\u25b20.1%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,887", "\\u221210.7\\u25bc0.6%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,565.72", "+10.7\\u25b20.2%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,980", "+3.0\\u25b20.2%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["32,896.03", "+402.1\\u25b21.2%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nXLM, XRP Lead Altcoin Rally\nXLM and XRP led a posse of altcoins out of a price quagmire of the past five days, rising by double-digits and outperforming still-sluggish bitcoin and ether on Wednesday.\nBlockchain-based payment platform Stellar Lumens\' XLM was recently trading above 15 cents, up 18% over the past 24 hours. The token last hit those lofty heights a week ago when it doubled in price, part of a crypto market surge that followed Ripple\'spartial victoryin a long-running legal feud with the Securities and Exchange Commission, before sinking in the ensuing days. At the start of the week, XLM was trading just above 13 cents.\nRipple\'s XRP, the third largest crypto by market capitalization, was recently changing hands abov Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-20 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $578,785,359,094 - Hash Rate: 343032185.0793028 - Transaction Count: 400400.0 - Unique Addresses: 685150.0 Social & AI Sentiment: - Fear & Greed Index: 0.56 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: By Abhirup Roy SAN FRANCISCO (Reuters) - BTC Power will add Tesla's standard to its electric vehicle chargers next year, its chief executive told Reuters on Tuesday, days after Ford and General Motors sent shockwaves through the industry by adopting the technology. Privately-owned BTC, a supplier to 7-Eleven and fleet operators, is the fourth major fast charger maker to embrace Tesla's standard, following ABB E-mobility North America, Tritium DCFC, and SK Signet. A national EV charging network is key to addressing worries about range and luring customers away from combustion engine driven vehicles and BTC's decision accelerates Tesla's push to dominate the nascent yet fast-growing industry. "By including the NACS (North American Charging Standard) connector to our chargers we can eliminate the need for unreliable and unpredictable adapters that are being utilized by drivers using our equipment," BTC CEO Frank Meza said. Santa Ana, California-based BTC has sold more than 22,000 chargers - more than half of them high-speed ones - to charge point operators, fleets and retailers, and counts Electrify America, Ford and Amazon.com among its customers. Reuters first reported on Tuesday that electric pickup maker Rivian would adopt Tesla's charging standard. Along with the backing of the two Detroit automakers, that also helps Tesla chief Elon Musk's push to upend the Combined Charging System (CCS) favored by the Biden administration. The White House, which aims to spur deployment of hundreds of thousands of chargers, said this month EV charging stations with Tesla plugs would be eligible for billions of dollars in federal subsidies as long as they offer CCS connectivity. Charger makers and CCS operators such as EVgo and Chargepoint have rushed to announce the addition of NACS, despite certain concerns, vying to win Tesla users and limit the risk of losing billing if they only offer CCS. Tesla shares gained 5% on Tuesday and have more than doubled so far this year. Rivian was up 5.8% on Tuesday. Its stock has lost 19% this year. (Reporting by Abhirup Roy in San Francisco; Editing by Peter Henderson and Alexander Smith) View comments... - Reddit Posts (Sample): []... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Good morning. Here’s what’s happening:\nPrices:Bitcoin slogs below $30K while LINK soars. Other major cryptos spend their day in negative territory.\nInsights:Bitcoin\'s Fear and Greed Index reflects a market that hasn\'t been going anywhere fast for the better part of six weeks.\nCoinDesk Market Index (CMI)\n1,258\n−0.9▼0.1%\nBitcoin (BTC)\n$29,809\n−101.1▼0.3%\nEthereum (ETH)\n$1,892\n+2.9▲0.2%\nS&P 500\n4,534.87\n−30.9▼0.7%\nGold\n$1,975\n−3.0▼0.2%\nNikkei 225\n32,490.52\n−405.5▼1.2%\nBTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)\n[["1,258", "\\u22120.9\\u25bc0.1%"], {"CoinDesk Market Index (CMI)": "Bitcoin (BTC)"}, ["$29,809", "\\u2212101.1\\u25bc0.3%"], {"CoinDesk Market Index (CMI)": "Ethereum (ETH)"}, ["$1,892", "+2.9\\u25b20.2%"], {"CoinDesk Market Index (CMI)": "S&P 500"}, ["4,534.87", "\\u221230.9\\u25bc0.7%"], {"CoinDesk Market Index (CMI)": "Gold"}, ["$1,975", "\\u22123.0\\u25bc0.2%"], {"CoinDesk Market Index (CMI)": "Nikkei 225"}, ["32,490.52", "\\u2212405.5\\u25bc1.2%"], {"CoinDesk Market Index (CMI)": "BTC/ETH prices perCoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)"}]\nMarkets Remain Sluggish, but Not LINK\nA tumbling tech sector and rising dollar on Thursday kept crypto investors in their recent, rangebound trance.\nBitcoin, the largest cryptocurrency by market capitalization, was recently trading at $29,809, down slightly over the past 24 hours. At one point during the day, BTC dipped perilously near a one-month low set earlier this week near $29,500. More than five weeks after spiking following multiple spot bitcoin ETF filings, bitcoin has been unable to escape the $30,000 to $31,000 range – at least for long.\n“There’s a lot of bearish sentiment on Crypto Twitter about this pullback, but I think the factors behind it are pretty simple," Anthony Georgiades, co-founder of NFT and Web3 blockchain Pastel Network, wrote in an email to CoinDesk.\nGeorgiades noted that the tech sell-off that was at least partly spurred by comments from Tesla founder Elon Musk that the electric car maker might have to reduce prices, and the strengthening dollar, had weighed on "bitcoin and the broader crypto market."\nEther, the second largest crypto in market value, was recently changing hands at $1,892, up a smidgen from Wednesday, same time. Most other major cryptos by market cap spent Thursday slogging into the red with XRP losing some of its big gains from the day before to trade below 80 cents – recently off more than 4%, and ADA and SOL, the tokens of smart contract platforms Cardano and Solana, down nearly as much.\nThe big exception was LINK, the native currency of the Chainlink software platform that connects blockchains with external data. It recently soared by more than 20% to trade above $8 after whales acquired more than $6 million of the token, an apparent reaction to Chainlink\'s release of an interoperability protocol.\nRead More:Chainlink\'s Interoperability Protocol, Connecting Blockchains to ‘Bank Chains,’ Goes Live\nTheCoinDesk Market Index, a measure of crypto markets performance was recently down 0.1%.\nEquity markets were mixed with the Dow Jones Industrial Average continuing a recent winning streak but the Nasdaq plummeting more than 2% on the Tesla news and soft earnings by streaming service Netflix. In a note to CoinDesk, Mark Connors, head of research at Canadian digital asset manager 3iQ, also highlighted missed results by Taiwan Semiconductor, which put "an extra hit on AI stocks." The dollar index tipped downward to continue a recent trend.\nStill, Pastel Network\'s Georgiades was cautiously upbeat about crypto markets. "The underlying sentiment hasn’t changed much since yesterday or the preceding days," he wrote. I know the permabears have been calling for a major selloff, but it seems less likely that this is in the cards.\nHe added: "Monetary conditions are likely to loosen here soon, and that will help serve as a catalyst for risk-on assets.”\n[{"Asset": "Gala", "Ticker": "GALA", "Returns": "+2.4%", "DACS Sector": "Entertainment"}, {"Asset": "Ethereum", "Ticker": "ETH", "Returns": "+0.4%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "Cosmos", "Ticker": "ATOM", "Returns": "+0.3%", "DACS Sector": "Smart Contract Platform"}]\n[{"Asset": "Stellar", "Ticker": "XLM", "Returns": "\\u221217.4%", "DACS Sector": "Smart Contract Platform"}, {"Asset": "XRP", "Ticker": "XRP", "Returns": "\\u22126.6%", "DACS Sector": "Currency"}, {"Asset": "Cardano", "Ticker": "ADA", "Returns": "\\u22126.2%", "DACS Sector": "Smart Contract Platform"}]\nFear and Greed Turns Neutral\nTheBitcoin Fear and Greed Indexhas fallen into neutral territory, indicating that investor sentiment for the asset has cooled recently.\nThe metric, derived byAlternative.me, gauges investor sentiment across five distinct factors, and distills them into one number ranging from 0-100. Readings close to 0 indicate extreme fear, while readings closer to 100 indicate extreme greed.\nOften, extreme fear coincides with buying opportunities, as investors are likely behaving too cautiously. Extreme greed can coincide with a market that is overheated.\nThe most recent reading indicates a market that is in flux, with neither bulls or bears willing to take a strong stance in either direction.\nAll told, the reading adds evidence that BTC is poised to trade in a range for the foreseeable future.\nThis article was written and edited by CoinDesk journalists with the sole purpose of informing the reader with accurate information. If you click on a link from Glassnode, CoinDesk may earn a commission. For more, see ourEthics Policy.\nETHGlobal Paris (France)\n2:00 p.m. HKT/SGT(6:00 UTC)United Kingdom Retail Sales (MoM/June)\n8:30 p.m. HKT/SGT(12:30 UTC)Canada Retail Sales (MoM/May)\nIn case you missed it, here is the most recent episode of"First Mover"onCoinDesk TV:\nSEC\'s Gensler Grilled by Lawmakers; Spot Bitcoin ETFs Could Bring $30B in New Demand: NYDIG\nBitcoin spot-based ETFs could bring $30 billion in new demand for the world’s largest digital asset, according to NYDIG. Howard Fischer, Moses Singer partner and former SEC senior trial counsel shared his outlook on crypto regulation in the U.S. as SEC chair Gary Gensler faces questioning from lawmakers. Futureverse founder Aaron McDonald discussed his metaverse startup\'s latest funding round. And,StockCharts.com\'s Julius de Kempenaer shared his crypto markets analysis.\nCoinbase to Wind Down Lending Program Over Coming Months:The exchange is requiring Coinbase Borrow customers with outstanding loan balances to pay them back by November 20.\nTokenized: This Week in Real-World Assets:A weekly digest of articles, reports and analyses about tokenized RWAs, the fast-growing financial instruments that merge traditional finance to the blockchain.\nMacro State of Crypto – Where It Has Been and What\'s Next:Analytics can offer insight into how recent and past crypto and regulatory events have affected prices and movement. Plus: A quick Q&A on retirement funds.\nChainlink’s LINK Climbs as Whales Add to Holdings Following Protocol Release:The CCIP protocol is designed to help build cross-chain applications and services and went live for early access users on the Avalanche, Ethereum, Optimism and Polygon blockchains this week.', 'Good morning. Here’s what’s happening: Prices: Bitcoin slogs below $30K while LINK soars. Other major cryptos spend their day in negative territory. Insights: Bitcoin\'s Fear and Greed Index reflects a market that hasn\'t been going anywhere fast for the better part of six weeks. Prices CoinDesk Market Index (CMI) 1,258 −0.9 ▼ 0.1% Bitcoin (BTC) $29,809 −101.1 ▼ 0.3% Ethereum (ETH) $1,892 +2.9 ▲ 0.2% S&P 500 4,534.87 −30.9 ▼ 0.7% Gold $1,975 −3.0 ▼ 0.2% Nikkei 225 32,490.52 −405.5 ▼ 1.2% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) CoinDesk Market Index (CMI) 1,258 −0.9 ▼ 0.1% Bitcoin (BTC) $29,809 −101.1 ▼ 0.3% Ethereum (ETH) $1,892 +2.9 ▲ 0.2% S&P 500 4,534.87 −30.9 ▼ 0.7% Gold $1,975 −3.0 ▼ 0.2% Nikkei 225 32,490.52 −405.5 ▼ 1.2% BTC/ETH prices per CoinDesk Indices , as of 7 a.m. ET (11 a.m. UTC) Markets Remain Sluggish, but Not LINK A tumbling tech sector and rising dollar on Thursday kept crypto investors in their recent, rangebound trance. Bitcoin, the largest cryptocurrency by market capitalization, was recently trading at $29,809, down slightly over the past 24 hours. At one point during the day, BTC dipped perilously near a one-month low set earlier this week near $29,500. More than five weeks after spiking following multiple spot bitcoin ETF filings, bitcoin has been unable to escape the $30,000 to $31,000 range – at least for long. “There’s a lot of bearish sentiment on Crypto Twitter about this pullback, but I think the factors behind it are pretty simple," Anthony Georgiades, co-founder of NFT and Web3 blockchain Pastel Network, wrote in an email to CoinDesk. Georgiades noted that the tech sell-off that was at least partly spurred by comments from Tesla founder Elon Musk that the electric car maker might have to reduce prices, and the strengthening dollar, had weighed on "bitcoin and the broader crypto market." Ether, the second largest crypto in market value, was recently changing hands at $1,892, up a smidgen from Wednesday, same time. Most other major cryptos by market cap spent Thursday slogging into the red with XRP losing some of its big gains from the day before to trade below 80 cents – recently off more than 4%, and ADA and SOL, the tokens of smart contract platforms Cardano and Solana, down nearly as much. Story continues The big exception was LINK, the native currency of the Chainlink software platform that connects blockchains with external data. It recently soared by more than 20% to trade above $8 after whales acquired more than $6 million of the token, an apparent reaction to Chainlink\'s release of an interoperability protocol. Read More: Chainlink\'s Interoperability Protocol, Connecting Block Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-21 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $581,470,728,038 - Hash Rate: 300153161.94439 - Transaction Count: 323847.0 - Unique Addresses: 657357.0 Social & AI Sentiment: - Fear & Greed Index: 0.50 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: This Monday marked a new high—or arguably low—in demonstrating the power of artificial intelligence (AI). A picture depicting afabricated explosionat the Pentagon, quickly flagged as being AI generated, spread like wildfire across social media. It also appears to have spurred a momentary sell-off in the U.S. stock market. The alarming image, portraying smoke billowing from the iconic building, was disseminated by numerous accounts, including a Russian state-owned media channel. Interestingly, reports of the false Pentagon explosion also made its way onto non-official Twitter accounts with blue verification checkmarks, further amplifying the confusion and the impact of the falsehood—highlighting both the importance of rigorous source verification as well as the unsurprising result of Elon Musk's new criteria for account verification. As the photo went viral, U.S. stock indexes took a minor hit, although markets quickly recovered after the photo was exposed as a hoax. Bitcoin, the leading cryptocurrency, also experienced a brief "flash crash" following the spread of the fake news, slipping to $26500. Yet, Bitcoin is slowly but surely recovering and it is currently being traded at $26,882, according toCoinGecko. The hoax’s impact was significant enough to prompt the Arlington County Fire Department to intervene. "There is NO explosion or incident occurring at or near the Pentagon reservation,” they tweeted “and there is no immediate danger or hazards to thepublic." This type of online deceit has raisedserious concernsamong critics of unmitigated AI development. Many experts in the field have warned that advanced AI systemscould becometools for malevolent actors worldwide, spreading misinformation and causing online pandemonium. This isn't the first time such trickery has emerged. Viral AI-generated images have previously deceived the public, such asimagesof Pope Francis sporting a Balenciaga jacket, a fake arrest of President Donald Trump, and deepfakes of celebrities likeElon Muskor SBF promoting crypto scams. Notable personalities have also sounded alarms about the spread of disinformation. Hundreds of tech experts alreadycalled for a six-month halton advanced AI development until proper safety guidelines are established. And even Dr. Geoffrey Hinton, widely known as the 'Godfather of AI', even resigned from his role at Googleto voice his concernsabout potential AI risks without damaging his former employer's reputation. Episodes of misinformation like this one feed into the ongoing debate surrounding the need for aregulatory and ethical frameworkfor AI. As AI becomes an increasingly potent tool in the hands of agents of disinformation, the consequences can be chaotic. Based on today's events, one question stands out: What if an AI was the agent using the power of social media to spread chaos and control the financial markets? We kind ofsaw it coming.... - Reddit Posts (Sample): no_data... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['• US stocks traded mixed Friday, with the Dow capping off a 10-day winning streak.\n• It\'s the longest run of gains for the index since August 2017.\n• Next week investors will be watching big earnings from Microsoft and Meta, as well as a Fed meeting.\nUS stocks traded mixed on Friday, with the Dow Jones Industrial Average eking out a gain to cap off a 10-day winning streak, its longest stretch in the green since August 2017.\nTo close the week, American Express, oil firm Schlumberger, and advertising company Interpublic Group all reported earnings. More than 70% of the companies that have reported so far have beat expectations, according to FactSet data.\nMeanwhile, investors will be watching to see what policymakers announce at next week\'s Federal Reserve meeting. Many strategists expect a 0.25% interest rate hike, following last month\'s "skip."\nA quarter-point hike to the 5.25%-5.50% range would "more than likely mark the end of a historic tightening cycle," EY Chief Economist Gregory Daco wrote in a note Friday. "But those expecting a fanfare will be disappointed as the Fed will make every (too many) efforts to sound as hawkish as tolerable for financial markets, to avoid an undesired easing of financial conditions."\nHere\'s where US indexes stood as the market closed 4:00 p.m. on Friday:\n• S&P 500:4,536.32, up 0.03%\n• Dow Jones Industrial Average:35,228.48, up 0.01% (3.30 points)\n• Nasdaq Composite:14,032.81, down 0.22%\nHere\'s what else is going on:\n• One of Wall Street\'s favorite chipmakers hasseen its value tumble this week.\n• There are three ways the Barbie movie coulddrive upsidefor Mattel stock.\n• Robert Shiller says thedecade-long rally in home prices could endwhen the Fed stops its hiking cycle.\n• There are signs thathousing could see some good news on the horizon.\n• These indicators suggestthe stock market isn\'t as stretched as it might seem.\n• \'Shark Tank\' star Kevin O\'Learysounded off on Bidenomics and the S&P 500.\nIn commodities, bonds, and crypto:\n• Oil prices climbed, withWest Texas Intermediateup 1.7% to $76.92 a barrel.Brent crude, the international benchmark, inched higher 1.6% to $80.88 a barrel.\n• Goldedged lower 0.3% to $1,964.20 per ounce.\n• The10-year Treasury yielddipped one basis points to 3.835%\n• Bitcoinmoved higher 0.48% to $29,865.73\nRead the original article onBusiness Insider', 'Traders work on the floor of the New York Stock Exchange (NYSE) on March 28, 2023 in New York City. Traders work on the floor of the New York Stock Exchange (NYSE) on March 28, 2023 in New York City. Spencer Platt/Getty Images US stocks traded mixed Friday, with the Dow capping off a 10-day winning streak. It\'s the longest run of gains for the index since August 2017. Next week investors will be watching big earnings from Microsoft and Meta, as well as a Fed meeting. US stocks traded mixed on Friday, with the Dow Jones Industrial Average eking out a gain to cap off a 10-day winning streak, its longest stretch in the green since August 2017. To close the week, American Express, oil firm Schlumberger, and advertising company Interpublic Group all reported earnings. More than 70% of the companies that have reported so far have beat expectations, according to FactSet data. Meanwhile, investors will be watching to see what policymakers announce at next week\'s Federal Reserve meeting. Many strategists expect a 0.25% interest rate hike, following last month\'s "skip." A quarter-point hike to the 5.25%-5.50% range would "more than likely mark the end of a historic tightening cycle," EY Chief Economist Gregory Daco wrote in a note Friday. "But those expecting a fanfare will be disappointed as the Fed will make every (too many) efforts to sound as hawkish as tolerable for financial markets, to avoid an undesired easing of financial conditions." Here\'s where US indexes stood as the market closed 4:00 p.m. on Friday: S&P 500 : 4,536.32, up 0.03% Dow Jones Industrial Average : 35,228.48, up 0.01% (3.30 points) Nasdaq Composite : 14,032.81, down 0.22% Here\'s what else is going on: One of Wall Street\'s favorite chipmakers has seen its value tumble this week. There are three ways the Barbie movie could drive upside for Mattel stock. Robert Shiller says the decade-long rally in home prices could end when the Fed stops its hiking cycle. There are signs that housing could see some good news on the horizon. These indicators suggest the stock market isn\'t as stretched as it might seem. \'Shark Tank\' star Kevin O\'Leary sounded off on Bidenomics and the S&P 500. Story continues In commodities, bonds, and crypto: Oil prices climbed, with West Texas Intermediate up 1.7% to $76.92 a barrel. Brent crude , the international benchmark, inched higher 1.6% to $80.88 a barrel. Gold edged lower 0.3% to $1,964.20 per ounce. The 10-year Treasury yield dipped one basis points to 3.835% Bitcoin moved higher 0.48% to $29,865.73 Read the original article on Business Insider', 'Last week’s blisteringaltcoin rallytapered off this week as Chainlink, XRP, XLM, Stellar and TRX were the only coins to post any notable gains over the last seven days.\nBitcoin (BTC) and Ethereum (ETH) entered the weekend slightly lower than they did this time last week.\nBitcoin dropped 1.5% to its current price of $29,869, according toCoinGecko. Meanwhile, the world’s second favorite coin, ETH, dropped 2.5% to trade at $1,888 at the time of writing.\nThe steepest pullbacks among leading currencies this week were from Solana (SOL), which dropped 9.8% to $25.68, and Avalanche (AVAX), which shed 8.1% to $13.77.\nSeveral altcoins appreciated; notably, Toncoin (TON) grew 8.3% to $1.46, Stellar (XLM) blew up 23% to $0.163126, and Chainlink (LINK) rallied 15% to $7.98.\nChainlink began its rally on Monday with the launch of itsCross-Chain Interoperability Protocol(CCIP) on its mainnet. The protocol currently supportsAvalanche,Ethereum,OptimismandPolygonnetworks. It is also integrated with DeFi lending protocolsAaveandSynthetix. Chainlink says it is as anonramp for TradFi institutionsto get into tokenized digital assets.\nOn Monday, G20 watchdog the Financial Stability Board issuednine top-level recommendationsfor regulators on overseeing crypto companies and markets. It also issued revised recommendations on the oversight ofstablecoins.\nThe recommendations are designed to prevent crypto crashes on the scale of FTX and Terra incorporate feedback from the FSB’s public consultation on the topic, including calls for cross-border cooperation between regulators, governance requirements for crypto issuers, and mandatory disclosures for the industry.\nThe following day, the U.S. Securities and Exchange Commission accepted Valkyrie’s Bitcoin Spot ETF proposalfor official review. This is the second spot ETF application that has moved to the next round, following asset manager titan BlackRock’s on July 13.\nExchange operator Nasdaq on Wednesday said it wasdelaying plansto launch a digital assets custodian service.Nasdaq CEO Adena Friedman said, “Considering the shifting business and regulatory environment in the U.S., we’ve made the decision to halt our launch of the U.S. digital assets custodian business and our related efforts to pursue a relevant license.”\nShe added the company would “remain committed to supporting the evolution of the digital asset ecosystem.”\nThat day, a bipartisan group of Senatorsintroduced a billthat would require decentralized finance (DeFi) services to abide by the same compliance rules as financial firms like banks and centralized crypto exchanges, in a bid to reign in “criminals, drug traffickers, and hostile state actors such as North Korea.”\nOn Thursday, the UK Treasuryrejecteda House of Commons Treasury Committeerecommendationto classify crypto trading as gambling, stating that it "firmly disagrees" with it.\nFinally, on Friday, Republican lawmakers in Washingtonintroduced a 212-page billentitled the Financial Innovation and Technology for the 21st Century Act. The bill aims to bring clarity and a “much-needed regulatory framework.”\nThe act includes a pathway for blockchains to be certified as decentralized. The SEC would have an opportunity to push back against assertions made by token issuers that their projects meet the standard outlined in the act. It also seeks to establish a disclosure regime for the transparency and compliance of digital asset issuers.', 'Last week’s blisteringaltcoin rallytapered off this week as Chainlink, XRP, XLM, Stellar and TRX were the only coins to post any notable gains over the last seven days.\nBitcoin (BTC) and Ethereum (ETH) entered the weekend slightly lower than they did this time last week.\nBitcoin dropped 1.5% to its current price of $29,869, according toCoinGecko. Meanwhile, the world’s second favorite coin, ETH, dropped 2.5% to trade at $1,888 at the time of writing.\nThe steepest pullbacks among leading currencies this week were from Solana (SOL), which dropped 9.8% to $25.68, and Avalanche (AVAX), which shed 8.1% to $13.77.\nSeveral altcoins appreciated; notably, Toncoin (TON) grew 8.3% to $1.46, Stellar (XLM) blew up 23% to $0.163126, and Chainlink (LINK) rallied 15% to $7.98.\nChainlink began its rally on Monday with the launch of itsCross-Chain Interoperability Protocol(CCIP) on its mainnet. The protocol currently supportsAvalanche,Ethereum,OptimismandPolygonnetworks. It is also integrated with DeFi lending protocolsAaveandSynthetix. Chainlink says it is as anonramp for TradFi institutionsto get into tokenized digital assets.\nOn Monday, G20 watchdog the Financial Stability Board issuednine top-level recommendationsfor regulators on overseeing crypto companies and markets. It also issued revised recommendations on the oversight ofstablecoins.\nThe recommendations are designed to prevent crypto crashes on the scale of FTX and Terra incorporate feedback from the FSB’s public consultation on the topic, including calls for cross-border cooperation between regulato Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-22 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $579,996,949,744 - Hash Rate: 359111818.75489503 - Transaction Count: 288750.0 - Unique Addresses: 556589.0 Social & AI Sentiment: - Fear & Greed Index: 0.52 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Tokens of major blockchain networks slid more than 20% in the past 24 hours amid a likely risk-off event days after 13 tokens were alleged as securities in a U.S. Securities and Exchange Commission (SEC) lawsuit against crypto exchanges Binance and Coinbase. The bulk of these losses came in the wee hours of Saturday, data shows. Solana (SOL), polygon (MATIC) and cardano (ADA) fell as much as 25% within hours leading some on Crypto Twitter to wonder if a major crypto fund sold their holdings amid rather illiquid market conditions. Such moves pushed weekly declines for these tokens to as much as 34%, the data shows. Tokens fell as much as 25% in the past 24 hours. (CoinGecko) As such, major tokens such as bnb (BNB), dogecoin (DOGE), xrp (XRP) fell over 11%. Bitcoin (BTC) dropped 3.6% while ether (ETH) slid 4.5%. Crypto-tracked futures saw nearly $300 million in liquidations in the early hours on Saturday, data from Coinglass show, exceeding the nine-month record liquidation figures from earlier this week. Crypto liquidation refers to the process of forcibly closing a trader's positions in the cryptocurrency market. It occurs when a trader's margin account can no longer support their open positions due to significant losses or a lack of sufficient margin to meet the maintenance requirements. Earlier this week, the SEC identified tokens issued by foundations and companies or tied to protocols Polygon (MATIC), Sandbox (SAND), Filecoin (FIL), Axie Infinity (AXS), Chiliz (CHZ), Flow (FLOW), Internet Computer (ICP), Near (NEAR), Voyager (VGX), Dash (DASH) and Nexo (NEXO) as securities. This has led to some major retail trading avenues such as Robinhood to end support for tokens ADA, SOL and MATIC, likely as a response to the regulatory filings.... - 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: ["Public blockchains have been touted as cure-alls by enthusiasts over the last decade. Promoters have promised faster securities settlement, decentralized social media, instant payments, cheaper remittances, and everything in between. And indeed, these benefits may come in time. But there’s one domain in which blockchains clearly outperform their traditional counterparts today: accounting. Blockchains track debits and credits to accounts on a ledger, just like an ordinary accounting system, but in a real-time, transparent, and immutable fashion (once transfers are settled). The existence of any asset that resides on a blockchain—whether a tokenized security, or a digital commodity like Bitcoin—is fully verifiable at any time by anyone with an internet connection. The entire supply of Bitcoin, down to the tiniest unit—one satoshi—can be verified in real time by anyone running a node. What’s more, any entity can prove mathematically to any third party that they own a digital asset via a cryptographic signature, without the need for any guarantor. This isn’t the case for traditional assets or commodities, which rely on a network of intermediaries to attest to their existence. In practice, this means financial assets end up concentrated in large custodians, like the DTC with equities, or gold with organizations like the LBMA. The high cost of auditability for conventional assets tends to have a concentrating effect. This remarkable auditability property of digital assets has enabled crypto platforms to build attestation tools enabling end users to verify that their assets are actually being held in reserve, and don’t simply exist on someone else’s ledger, subject to error or fraud. And these tools are long overdue. For as long as crypto exchanges and custodians have existed, they have let down their users with a series of spectacular failures—one crisis after the next from Mt. Gox to Bitfinex to Quadriga to FTX and, most recently, Prime Trust . Those of us who believe in the promise of digital assets are fed up with this grim status quo and have begun to demand more transparency from the exchanges we all rely on. Story continues As a result, exchanges and custodial platforms today are coalescing around a simple idea: What if these platforms could indisputably prove to users that they control funds held for users? This is known in the industry as a proof of reserve, or PoR. The concept has existed in the digital asset context for around a decade, and it has been continually refined ever since. Effectively, it involves a custodial platform providing signatures attesting to their unique ownership over some digital assets on-chain, combined with a disclosure of client liabilities. By publishing these datasets, and giving end users—and even interested onlookers—the option to actually verify that a given liability corresponds to some assets, clients can gain strong assurances that the platform is sound. Legislative initiatives both at the state and federal level have focused on asking exchanges to segregate client and operating capital, and to give clients assurances in the case of platform liquidation or bankruptcy. This is necessary, but only part of the solution. Prime Trust, which recently revealed it had lost $82 million in client assets and hid those losses for years, was a Nevada Trust company. The architecture of the Trust Charter, ironclad from a legal perspective, unfortunately did little to reveal the loss of assets. A monthly—or even higher frequency—attestation, as is the standard with PoR, would have forced divulging the loss when it first occurred, because Prime Trust would not have been able to provide valid signatures for user funds held. This would have also been the case with Mt. Gox, Quadrigra, and FTX. These were all drawn out insolvencies, concealed for months if not years. An exchange engaging in PoR attestations isn’t immune from losing customer funds or being hacked, but the PoR does reveal these losses when they occur, limiting further fallout. In the wake of FTX, PoR is now being voluntarily adopted across the industry. Many of the largest exchanges worldwide, including Kraken, Binance, Bitmex, Derebit, Kucoin, and OKX, now conduct these attestations with frequency, covering tens of billions of dollars in client assets. Lawmakers in the U.S. and abroad have begun to recognize the importance of PoR. In March, Texas passed the landmark HB1666 , which requires firms with money transmitter licenses to carry out PoRs, starting in September. At the federal level, Sens. Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) included in their reintroduced Responsible Financial Innovation Act mandatory PoR and a request for PCAOB to standardize the procedure. Since 2021, Wyoming has made reference to proof of reserve in the state's Digital Asset Custody Framework. Dubai (see Reserve Assets) and Singapore (see Regulation 16C(11)) have also made reference to similar on- and off-chain reconciliations in recent guidance. Canada has recommended since 2021 that exchanges engage in PoR as a best practice. Bermuda, which is distinguishing itself as a premier crypto-focused regulator, has maintained an explicit reference to proof of reserve in its Digital Assets Custody Code of Practice since 2019. PoR is neither new nor limited in its reach to a handful of enthusiasts. It has existed for years and has already been embraced by regulators worldwide. That doesn't mean PoR is without its critics. Sens. Elizabeth Warren (D-Mass.) and Ron Wyden (D-Ore.) have engaged in a campaign of harassment leveled at auditors who service crypto firms. They aim to stymie the crypto space by stripping it of CPA firm services, which are necessary for platforms operating in compliance with MTLs and similar regulatory regimes. In a recent letter to the PCAOB, they attacked PoR and called it a “sham audit.” The PCAOB duly released an advisory letter warning investors about PoR attestations. Frightening audit firms away from a fit-for-purpose form of assurance is the opposite of what a reasonable accounting regulator should do. For its part, the AICPA has demurred on issuing any guidance on PoR even though it's progressing on stablecoin attestation standards. This uncertainty has had the effect of leaving most CPA firms unwilling to supervise these procedures. We in the industry are pushing for more sunlight, but some lawmakers in Washington aim to leave us in the dark. The standard critiques of PoR have largely been addressed. PoR is not contemplated as a substitute for standard audit types but rather as a complement. Mindful of this, the Texas legislation blends traditional and crypto-native assurance, asking for PoRs but also for CPAs to supervise them. Specialist CPA firms have emerged with expertise in overseeing these procedures. Traditional assurance is fine, but it’s no substitute for a high-frequency proof to end users that custodians have their funds. And while early PoRs ran the risk of leaking client data, innovations—such as zero-knowledge proofs —allow PoRs to be done safely. We are not asking crypto exchanges to be held to a different standard from conventional custodians. In fact, a frequent proof-of-reserve attestation provides far more transparency than conventional custodians can offer. It’s not a substitute to standard audits but rather a more narrow complement—it enhances conventional audits. Together, the two provide a level of assurance not otherwise attainable. We ask simply that Washington stop undermining the industry’s efforts to clean itself up, recognize the validity of PoR, and facilitate its proliferation across the industry. Lawmakers should encourage the accounting standards setting bodies, like the FASB or the PCAOB, to ratify industry efforts around PoR so audit firms feel empowered to supervise them. And they should recognize the good work that custodians are already doing to make themselves more transparent and accountable. The crypto industry is working hard to gain back trust. If PoR becomes widespread and standardized, we will exceed the level of assurance that custodians can offer with traditional assets. This is a worthy goal, and one that Washington should support. Nic Carter is the cofounder of blockchain-focused investment firm Castle Island Ventures and the cofounder of blockchain data company Coin Metrics. The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune . This story was originally featured on Fortune.com More from Fortune: 5 side hustles where you may earn over $20,000 per year—all while working from home Looking to make extra cash? This CD has a 5.15% APY right now Buying a house? Here's how much to save This is how much money you need to earn annually to comfortably buy a $600,000 home", "Public blockchains have been touted as cure-alls by enthusiasts over the last decade. Promoters have promised faster securities settlement, decentralized social media, instant payments, cheaper remittances, and everything in between. And indeed, these benefits may come in time. But there’s one domain in which blockchains clearly outperform their traditional counterparts today: accounting.\nBlockchains track debits and credits to accounts on a ledger, just like an ordinary accounting system, but in a real-time, transparent, and immutable fashion (once transfers are settled). The existence of any asset that resides on a blockchain—whether a tokenized security, or a digital commodity like Bitcoin—is fully verifiable at any time by anyone with an internet connection. The entire supply of Bitcoin, down to the tiniest unit—one satoshi—can be verified in real time by anyone running a node. What’s more, any entity can prove mathematically to any third party that they own a digital asset via a cryptographic signature, without the need for any guarantor. This isn’t the case for traditional assets or Last 60 Days of Bitcoin's Closing Prices: [] Use the additional daily data provided in the input below for crucial context.	Daily Context for Date: 2023-07-23 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $582,080,026,169 - Hash Rate: 393951025.0520118 - Transaction Count: 559624.0 - Unique Addresses: 691587.0 Social & AI Sentiment: - Fear & Greed Index: 0.54 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Bitcoin rose on Wednesday morning in Asia to trade above US$30,500, as U.K. bank Standard Chartered’s Monday prediction for a Bitcoin rally continued to boost investor sentiment. Ether traded flat while most other top 10 non-stablecoin cryptocurrencies logged gains, with Solana’s SOL token leading the winners. U.S. equity futures moved higher in the Asia time zone on Wednesday ahead of the release of June inflation data. Bitcoin rose 0.74% over the last 24 hours to US$30,608 as of 07:30 a.m. in Hong Kong, but still held a weekly loss of 0.63%, according todatafrom CoinMarketCap. Crypto investor optimism continues after Standard Chartered Bank’s Bitcoinprojectionon Monday that the coin would reach US$50,000 by the end of 2023 and US$120,000 in 2024. “While predicting the timing of market moves is always tricky, the case for a significant increase in the price of Bitcoin in the foreseeable future is clear,” said Bradley Duke, founder and chief strategy officer of crypto ETP providerETC Group. “The supply-side of the equation remains famously fixed: the total amount of bitcoin is hard-capped at 21 million bitcoin, but the current news flow suggests that the demand-side is set to increase significantly,” Duke said. “With Blackrock filing for a spot Bitcoin exchange-traded fund (ETF) in the US, given their past success rate, the belief is that this application is likely to be approved. This will enable massive pent-up demand for Bitcoin in the US and elsewhere to finally be able to flow into the market, and it’s logical that the price of Bitcoin responds in a proportionate manner,” Duke added. Elsewhere, the Chicago Board Options Exchange (Cboe) on Tuesdayfiledseveral amendments to its own spot Bitcoin ETF applications. It added surveillance-sharing agreements with the U.S. crypto exchange Coinbase. The move drove the latter’s share price to surge 9.78% on Tuesday. Other factors are also contributing to a potential Bitcoin rally in 2024, according to Greg Moritz, co-founder at crypto hedge fundAltTab Capital. He noted that next year will be the Bitcoin “halving” event. This is a programmed occurrence in which the rate of new Bitcoin being produced is reduced by half, increasing scarcity. “As scarcity increases and demand grows, assets generally rise in price,” Moritz said. “We’ve seen a very large uptick in interest from institutional capital, and when the smart money is getting into an asset class, it’s because they too see the potential for strong growth,” he added. Meanwhile, Ether dipped 0.20% to US$1,877. Like Bitcoin, the second-largest cryptocurrency still has some losses to recover and is down 3.13% for the week. Most other top 10 non-stablecoin cryptocurrencies logged gains in the past 24 hours with the exception of Ether, XRP and TRX. All three logged moderate declines within 0.35%. Solana’s SOL led the winners, rising 3.11% to US$22.05 and jumping 13.67% for the week. The surge accompanies a growth in the Solana-based decentralized finance (DeFi) ecosystem. The Solana platform has seen its total locked value rise 8.3% since the start of July, according to DeFi data trackerDefiLlama. “SOL has gained over 15% in the last seven days. While I remain dubious about its ability to truly become a leader in the smart-contract world again, it seems that traders see things differently or at least are willing to take a bet on the coin now being undervalued,” said Justin d’Anethan, head of APAC business development at Belgium-based crypto market-makerKeyrock. Elsewhere, blockchain analytics firm Lookonchainreportedon Wednesday that a so-called whale trader deposited more than 141,000 BNB tokens (US$35 million) to crypto exchange Binance. The move was a potential precursor to theArkham (ARKM) token sale, which started on early Wednesday in Asia. The purchase has at least raised anticipation levels among investors prior to the event. The total crypto market capitalization moved up 0.50% in the past 24 hours to US$1.19 trillion, while trading volume dropped 17.52% to US$27.46 billion. The indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella. The mainForkast 500 NFT indexfell 0.91% in the 24 hours to 09:30 a.m. in Hong Kong to 2,707.4. Forkast’s Ethereum, Solana and Polygon NFT market indices also dropped, while Cardano’s index rose. Parallel Avatars, an Ethereum-based NFT collection for Web3 sci-fi gameParallel, was launched on July 11. It stormed the market with a sales volume of US$1.50 million in the past day. That made it the third-largest collection by 24-hour volume, according to data fromCryptoSlam. Station3 Patron, another newly-launched Ethereum NFT collection, ranked fifth with a 24-hour volume of US$985,500. “(Thecollection) raises funds to give grants to (Web3) builders. Holders of the NFT will be entered in raffles to win pretty highly regarded artwork from Tyler Hobbs (Fidenza artist), Ringeres, Thomas Lin Pedersen, etc, and the NFT artwork itself is from well-respected artist Grant Yun,” said Yehudah Petscher, NFT Strategist at Forkast Labs, the parent company of Forkast.News. Sales volume for the Bored Ape Yacht Club (BAYC) collection dropped 13.92% to US$850,425 and fell out of the top 5 NFT collections. The collection’s floor price has dropped by 24% over the past 30 days, according to NFT analytics platformWGMI.io. Given the bearish sentiment for BAYC, ApeCoin, the utility token of the BAYC ecosystem, fell to an all-time low of US$1.86 last Friday. That is a near 50% drop from the start of the year, according to data fromCoinGecko. “There’s not much on the horizon that could turn this market around, and instead, I see prices falling much further when traders realize last week’s recovery was short-lived,” said Petscher in a Wednesdaycommentary. “The end of Blur’sseason tworewards could be a turning point, bringing the end of mass wash trading or the beginning of fresh new rewards.” Elsewhere, Japanese gaming giantSegaCorporation on Monday announced apartnershipwith Line Next, an NFT branch of social media platform Line Corp. The two companies will develop one of Sega’s classic game titles into a blockchain-based game featuring NFTs and digital payments. The partnership was unveiled days after Sega wasreportedto be winding down its Web3 gaming businesses. U.S. stock futurestradedflat as of 11:50 a.m. in Hong Kong. Dow Jones Industrial Average futures dipped while S&P 500 and Nasdaq futures edged higher. All three major U.S. indexes closed higher in regular Tuesday trading. Investors are waiting for Wednesday’s release of the U.S. consumer price index (CPI) in June. The report will provide the latest insights into the country’s inflation situation and the Federal Reserve’s future monetary policies. Several Fed officialssaidon Monday that more interest rate hikes may be needed to bring the annual inflation rate below 2%. However, there were also those who noted that an end to the Fed’s monetary tightening cycle is in sight. Analysts expect the U.S. annual inflation rate to drop to 3.03% in June, down from 4% in May, according to aBloombergreport published Monday. The Federal Reserve meets on July 26 to discuss its next move on rates, which now sit between 5% and 5.25%. TheCME FedWatch Toolpredicts a 92.4% chance the Fed will enact a 25-basis-point rate increase this month, and a 7.6% chance it will leave the rate unchanged. Meanwhile, the U.S. producer price index in June is set to be released on Thursday. U.S. financial giants including JPMorgan Chase, Wells Fargo, Citigroup, and BlackRock will also release their second-quarter earnings later this week to kick off the reporting season. Elsewhere, main stock indexes across Asia traded mixed on Wednesday morning. China’sShanghai Compositeand Japan’sNikkeiedged lower, while Hong Kong’sHang Sengand South Korea’sKospitraded higher. The People’s Bank of China on Tuesdayreportedan acceleration in the country’s new loans for June. That raisedhopethat the economy’s growth will speed up in the second half of the year. (Updates with equity section.)... - Reddit Posts (Sample): []... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.
You are an expert financial analyst. Your primary task is to predict the next 10 days of Bitcoin prices. Analyze the provided news and historical price data to make your forecast. Today's Key News: ['Bitcoin rose in early Monday morning trading in Asia to reclaim the US$30,000 support level, but later retreated. Ether moved higher to near US$1,900, while most other top 10 non-stablecoin cryptocurrencies logged gains. Cardano’s ADA token led the winners. In other markets, NFTs traded flat, while U.S. equity futures did the same. The week ahead brings lots more earnings in the U.S. for investors to get a picture of the state of the economy, while the Federal Reserve has a two-day meeting where it’s expected to raise interest rates.\nBitcoin rose 1.33% over the 24 hours to US$30,059 as of 07:30 a.m. in Hong Kong, according todatafrom CoinMarketCap. Ether gained 1.73% to US$1,887.\nHowever, both tokens have yet tomake up lossesfor the past seven days, with Bitcoin off 0.37% for the week, while Ether is sitting on a weekly loss of 1.73%.\xa0Bitcoin fell back later in the morning.\nTrading in Bitcoin and Ether will remain rangebound until the Fed decision on rates on July 27, Mark Wong, senior trader at Hong Kong-based digital asset platform Hashkey Group, said in a Friday newsletter. “A rate hike is all but priced in with an implied probability of 99.8% from the futures market,” Wong said.\nMost other top 10 non-stablecoin cryptocurrencies also traded higher Monday, with Cardano’s ADA token leading the winners with a gain of 3.01% to US$0.3169 and up 0.59% for the week.\nInput Output Global, one of the developers behind the Cardano blockchain, last week saidMithril– a Cardano stake-based signature scheme – was nearing its mainnet launch to improve the node syncing and security of the Cardano network.\nOn the regulatory front, a portion of the court’s recent verdict in theRipple casewas “wrongly decided,”saidthe U.S. Securities and Exchange Commission (SEC) on Friday in documents filed in its on-going lawsuit against Singapore-based Terraform Labs, hinting that the SEC would challenge the Ripple ruling.\nThe SEC in FebruarychargedSingapore-based Terraform Labs Pte and its co-founder Do Hyeong Kwon with orchestrating a multi-billion dollar crypto asset securities fraud involving an algorithmic stablecoin and other crypto asset securities.\nThe total crypto market capitalization rose 1.14% in the past 24 hours to US$1.20 trillion, while trading volume rose 13.56% to US$24.5 billion.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nThe mainForkast 500 NFT indexedged up 0.08% in the past 24 hours to 2,674.69 as of 10:10 a.m. in Hong Kong. Forkast’s Ethereum, Solana and Polygon NFT market indices moved lower, while the Cardano index logged gains.\nTotal NFT sales volume rose 1.30% in the past 24 hours to US$17.24 million, according to data fromCryptoSlam, with the volume on Ethereum totaling US$12.02 million or more than two thirds of the total.\nAmong all NFT collections, Ethereum-based Bored Ape Yacht Club topped the 24-hour sales volume at US$1.60 million, edging up 1.19%. Volumes traded mixed in the top five NFT collections.\nOpenSea, the world’s second-largest NFT marketplace by trading volume,launchedits “Deals” function on Friday, which allows its NFT holders to directly swap their collections with each other and include wrapped Ether (WETH) in their offers to sweeten up the transactions.\nElsewhere, the slump in value of Twitter Co-Founder Jack Dorsey’s first NFT caught the attention of mainstream media includingCNBCandthe Economic Timeson Sunday. The NFT, based on Dorsey’s first Twitter post, sold at over US$2.1 million in 2021, but the highest offer for the NFT is now 1 ETH (US$1,875), according toOpenSea.\n“The NFT market is looking rather flat in the Forkast 500 index, (which) reflects that continued downtrend we’ve been watching most of the year,” Yehudah Petscher, NFT Strategist at Forkast Labs,saidon Friday. The Forkast 500 NFT index has dropped over 35% since the start of the year.\n“With the exception of January, the market almost completely slants right,” said Petscher.\nU.S. stock futurestradedmixed as of 12:30 p.m. in Hong Kong, with Dow Jones Industrial Average and S&P 500 futures dipping and Nasdaq futures edging higher. The three major U.S. indexes closed mixed in regular trading on Friday.\nAsia’s main stock indexes also traded mixed on Monday morning. China’sShanghai Composite, Japan’sNikkeiand South Korea’sKospiall gained, while Hong Kong’sHang Sengfell.\nThe U.S. Federal Reserve meets Wednesday and Thursday this week on interest rates and analysts overwhelmingly expect another 25-basis-point rate hike. The European Central Bank (ECB) is also expected to raise its rates later this week.\nTheCME FedWatch Toolpredicts a 99.8% chance the Fed will raise rates to the range of 5.25% to 5.5% on July 26, the highest since January 2001.\nWith a rate hike priced into many markets, the focus on the Fed meeting will be forward guidance on monetary policies. Both Federal Reserve Chair Jerome Powell and ECB President Christine Lagarde have flagged stubborn inflation as a concern, according toBloombergon Saturday.\nAlong with the Fed and ECB, Japan’s central bank will also meet this week, but there is little likelihood of any change to its ultra-loose monetary policy.\nIn the U.S. this week, more than 150 U.S. corporations, including Microsoft, Alphabet and Meta Platforms, will release second-quarter results.\n(Updates with equity section.)', 'Bitcoin rose in early Monday morning trading in Asia to reclaim the US$30,000 support level, but later retreated. Ether moved higher to near US$1,900, while most other top 10 non-stablecoin cryptocurrencies logged gains. Cardano’s ADA token led the winners. In other markets, NFTs traded flat, while U.S. equity futures did the same. The week ahead brings lots more earnings in the U.S. for investors to get a picture of the state of the economy, while the Federal Reserve has a two-day meeting where it’s expected to raise interest rates.\nBitcoin rose 1.33% over the 24 hours to US$30,059 as of 07:30 a.m. in Hong Kong, according todatafrom CoinMarketCap. Ether gained 1.73% to US$1,887.\nHowever, both tokens have yet tomake up lossesfor the past seven days, with Bitcoin off 0.37% for the week, while Ether is sitting on a weekly loss of 1.73%.\xa0Bitcoin fell back later in the morning.\nTrading in Bitcoin and Ether will remain rangebound until the Fed decision on rates on July 27, Mark Wong, senior trader at Hong Kong-based digital asset platform Hashkey Group, said in a Friday newsletter. “A rate hike is all but priced in with an implied probability of 99.8% from the futures market,” Wong said.\nMost other top 10 non-stablecoin cryptocurrencies also traded higher Monday, with Cardano’s ADA token leading the winners with a gain of 3.01% to US$0.3169 and up 0.59% for the week.\nInput Output Global, one of the developers behind the Cardano blockchain, last week saidMithril– a Cardano stake-based signature scheme – was nearing its mainnet launch to improve the node syncing and security of the Cardano network.\nOn the regulatory front, a portion of the court’s recent verdict in theRipple casewas “wrongly decided,”saidthe U.S. Securities and Exchange Commission (SEC) on Friday in documents filed in its on-going lawsuit against Singapore-based Terraform Labs, hinting that the SEC would challenge the Ripple ruling.\nThe SEC in FebruarychargedSingapore-based Terraform Labs Pte and its co-founder Do Hyeong Kwon with orchestrating a multi-billion dollar crypto asset securities fraud involving an algorithmic stablecoin and other crypto asset securities.\nThe total crypto market capitalization rose 1.14% in the past 24 hours to US$1.20 trillion, while trading volume rose 13.56% to US$24.5 billion.\nThe indexes are proxy measures of the performance of the global NFT market. They are managed byCryptoSlam, a sister company of Forkast.News under the Forkast.Labs umbrella.\nThe mainForkast 500 NFT indexedged up 0.08% in the past 24 hours to 2,674.69 as of 10:10 a.m. in Hong Kong. Forkast’s Ethereum, Solana and Polygon NFT market indices moved lower, while the Cardano index logged gains.\nTotal NFT sales volume rose 1.30% in the past 24 hours to US$17.24 million, according to data fromCryptoSlam, with the volume on Ethereum totaling US$12.02 million or more than two thirds of the total.\nAmong all NFT collections, Ethereum-based Bored Ape Yacht Club topped the 24-hour sales volume at US$1.60 million, edging up 1.19%. Volumes traded mixed in the top five NFT collections.\nOpenSea, the world’s second-largest NFT marketplace by trading volume,launchedits “Deals” function on Friday, which allows its NFT holders to directly swap their collections with each other and include wrapped Ether (WETH) in their offers to sweeten up the transactions.\nElsewhere, the slump in value of Twitter Co-Founder Jack Dorsey’s first NFT caught the attention of mainstream media includingCNBCandthe Economic Timeson Sunday. The NFT, based on Dorsey’s first Twitter post, sold at over US$2.1 million in 2021, but the highest offer for the NFT is now 1 ETH (US$1,875), according toOpenSea.\n“The NFT market is looking rather flat in the Forkast 500 index, (which) reflects that continued downtrend we’ve been watching most of the year,” Yehudah Petscher, NFT Strategist at Forkast Labs,saidon Friday. The Forkast 500 NFT index has dropped over 35% since the start of the year.\n“With the exception of January, the market almost completely slants right,” said Petscher.\nU.S. stock futurestradedmixed as of 12:30 p.m. in Hong Kong, with Dow Jones Industrial Average and S&P 500 futures dipping and Nasdaq futures edging higher. The three major U.S. indexes closed mixed in regular trading on Friday.\nAsia’s main stock indexes also traded mixed on Monday morning. China’sShanghai Composite, Japan’sNikkeiand South Korea’sKospiall gained, while Hong Kong’sHang Sengfell.\nThe U.S. Federal Reserve meets Wednesday 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: 2023-07-24 Financial & Commodity Data: - Gold Closing Price: N/A - Crude Oil Closing Price: N/A Bitcoin Market & On-Chain Metrics: - Market Capitalization: $567,874,414,031 - Hash Rate: 401990841.889808 - Transaction Count: 529923.0 - Unique Addresses: 704020.0 Social & AI Sentiment: - Fear & Greed Index: 0.55 Other Textual Data: - Daily Tweets (Sample): N/A - Contextual Past News Article: Federal Reserve building. REUTERS/Jonathan Ernst Major indexes rose on Tuesday ahead of new inflation data set to release midweek. Markets are also weighing comments from the Fed officials on Monday indicating rates need to go higher. Second-quarter earnings season will kick off on Friday with the big banks. US stocks climbed on Tuesday as traders weighed comments from Federal Reserve officials a day earlier and braced for an important inflation reading to drop on Wednesday. The Fed's Mary Daly and Loretta Mester both indicated on Monday that they see rates having to move higher in order to get inflation under control. The Fed paused rate hikes at its June meeting, though Mester said that if it were just up to her, she would have raised again. Meanwhile, Daly noted in remarks at the Brookings Institution that "a couple more" rate hikes are probably needed to get inflation to the Fed's 2% goal. The June consumer price index reading will publish on Wednesday, and traders are eagerly eyeing more signs that inflation continues to slow. Fundstrat's Tom Lee on Monday initiated a rare short-term buy call for the S&P 500 this week, predicting the benchmark index to rise to 4,500 by the end of the week on cooler CPI data. Here's where US indexes stood shortly after the 9:30 a.m. ET opening bell on Tuesday: S&P 500 : 4,415.55, up 0.14% Dow Jones Industrial Average : 34,074.60, 0.38% (130.20 points) Nasdaq Composite : 13,706.74, up 0.16% Here's what else is happening today: Here are the 10 biggest surprises that changed the game for investors in the first half of the year. Bond king and former PIMCO exec Bill Gross warned that consumers are about to run out of cash , making recession more likely. Tech gets all the attention in this year's stock market rally but some of the biggest stars have been outshined by some unlikely names. Used car prices are crashing. That could be a big help to getting inflation lower. In commodities, bonds, and crypto: Oil prices were up. West Texas Intermediate crude climbed 1% to $73.76 a barrel. Brent, the international benchmark, rose 1% to $78.44 a barrel. Gold edged up 0.4% to $1,938.50 an ounce. The 10-year Treasury yield dipped two basis points to 3.978%. Bitcoin inched up less than 1% to $30,417. Read the original article on Business Insider... - Reddit Posts (Sample): []... Based on the news and historical prices provided in the instruction and this contextual data, predict the next 10 days of Bitcoin's closing price.